Bitcoin Forum
May 28, 2024, 02:06:58 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 [55] 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 »
1081  Bitcoin / Bitcoin Discussion / Re: A few lines of code... on: October 09, 2016, 01:17:26 PM
Even if you come out with a superior technology,
(which can be argued already)
people are slow to change when it comes to money. No one wants to lose their investment.
A fork is fucking scary. Look at all the chaos that happened with Ethereum. And that was an alt-coin with nowhere near the value of Bitcoin.
Most people are in this game to make money, not to advance the technology.
1082  Alternate cryptocurrencies / Mining (Altcoins) / Re: Proffittable ASIC Under $40 on: October 09, 2016, 01:02:46 PM
Yeah you are probably looking at a few hundred dollars for any GPU that will get high hashrate.
(Most of the newer cards will not be on sale or have a rebate yet since they were just released, so you are looking at the $200-300 range usually.)
1083  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: October 09, 2016, 12:56:28 PM
Yes, as sad as it is, Monero will definitely be used for future ransomware payments.
I expect the same for any coin that gets decent traction and has strong privacy features.
There have been ransomware operations earning upwards of a million dollars a month in payments.
That is a lot of new customers buying coins if they shift to Monero.
As much as I hate it, we will probably profit because of the innocent people being forced to buy Monero to unlock their files.  Tongue


There is a way to solve the price volatility problem to the vendors.
Whenever they get paid x amount, they open a short position of x amount. When the escrow is released they close the short position. If the price of Monero has risen, the escrowed amount has risen but the short position is offsetting it. If the price of Monero has dropped, the escrowed amount of Moneros has dropped in value but the short position has risen and thus offsetting the price drop.

That's actually genius.
I always wondered what people who had a lot of money in escrow did to secure their funds against a loss.
1084  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: October 08, 2016, 06:55:46 PM
Shit, dropped $1500 on the tables last night. Should have bought and stayed home! Cheesy

One time on my birthday I lost like $500 playing Blackjack,
drove home drunk as fuck to get more money,
went back to the casino and lost another $500.
Not my best birthday lol.
I guess Im just lucky I didnt get caught driving drunk. Really stupid move on my part.  Tongue
1085  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: October 08, 2016, 04:36:10 PM
99% of the people here are trying to make a profit.
Obviously there are some important ideas being discussed on these message boards.
De-centralization of money, freeing ourselves from fiat systems imposed on us by the government, the future of the internet and crypto systems are deep subjects.
These are important things to think about and discuss.
But you have to realize that this is a small percentage of any population. Most people are happy as long as their bills are paid and they have a job to go to.
Your average reader is just trying to pick up some quick tips on which coin to invest in so they can make a few dollars.
1086  Economy / Economics / Re: Bill Gross, bond guru #1 advises to buy Bitcoin on: October 08, 2016, 03:04:35 PM
Very interesting.
It's definitely good news to see a manager of a large hedge fund like this talking about crypto currencies.
I doubt anyone who doesn't already know about Bitcoin would become an investor, but maybe a few who were already considering a small investment will take this as a sign to move in.
1087  Alternate cryptocurrencies / Speculation (Altcoins) / Re: My Speculation Thread (Charts and Analysis Included ;)) on: October 08, 2016, 12:14:39 PM
  Another guess is that there may be some small ETH holders who want to switch to BTC due to BTC showing some strength lately. 

I actually think this may be the case for a lot of altcoins.
If people are expecting BTC to go up they may pull out of other investments and sit on their coins until we hit the $650-700 mark some people are predicting.
1088  Alternate cryptocurrencies / Speculation (Altcoins) / Re: 10 btc in XMR and 10 btc in ETC.... Balls of steel, or plain stupidity? on: October 08, 2016, 12:05:42 PM
I'm sure someone who can invest 20 BTC on an altcoin speculation isn't digging through dumpsters to find their next meal.
And if these coins make a big gain what will the haters say then? OP will look like a fucking genius lol.

Personally I think both of these coins have potential to make some gains from where they are today,
though I don't know what OP paid for them since this post is a month old already and XMR was much higher before the recent dip.
1089  Alternate cryptocurrencies / Speculation (Altcoins) / Re: LTC 4$ is good time to buy ? on: October 08, 2016, 11:27:06 AM
I think there has to be a decent volume of trading for a coin to crash.
Everyone forgot about LTC so no one is trading it.
I would be more likely to believe that the price stays the same, although I was really hoping for an increase in price with all the discussion about the hardware wallet development.  Sad

Somewhere there are people holding onto millions of dollars in LTC.
What they decide to do with them is anyones guess.
1090  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: October 07, 2016, 07:21:06 PM
Face it, Monero is dead.
We all know DOGE coin is the future of crypto. KAPPA FACE NO SPACE.

Seriously tho, now that people are starting to realize how much FUD was going on the price will probably stabilize.
1091  Alternate cryptocurrencies / Speculation (Altcoins) / Re: A month of bearish altcoin market? Why? on: October 07, 2016, 03:40:36 PM
Everyone was expecting their favorite coin to skyrocket, and now that none of them did, everyone is pulling out.
This will lead to some good opportunities if you can predict which coin will go back up.
Or maybe everyone will just stay in Bitcoin and the price will go up to $8000 as some have predicted LOL.
1092  Economy / Speculation / Re: Analysis on: October 07, 2016, 03:22:17 PM
I could only wish for Bitcoin to be worth $8000 each.
That would make my small invest actually worth something LOL.

Do people really think such a rise is possible?
Its obviously much easier to have something go up in value 100x when the price is very small.
1093  Economy / Speculation / Re: Bitcoin price? on: October 07, 2016, 03:17:28 PM
I predict price to hit $650-700 by the end of the year.
Maybe that is just wishful thinking, but everything has been stable for so long, I see no reason for a drop.
If you have any free money, now might be a good time to buy a couple coins.
1094  Bitcoin / Bitcoin Discussion / Re: If you believe banks will work with Bitcoin, you're delusional on: October 07, 2016, 03:13:28 PM
Right now banks don't care about Bitcoin.
But if enough people are using it, and Bitcoin gains enough value, they may become scared and try to kill crypto coins.

Banks are mostly interested in Blockchain technology.
Every large financial institution is spending a ton of money to develop and test blockchain.
If you can find a company developing this kind of thing and get in on the ground floor, you might stand to make a lot of money.
1095  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: October 07, 2016, 03:05:02 PM
Yeah its not worth stressing out over a few dollars.
XMR is super volatile right now. It looked like it was about to go back up above 0.011 but now its dropping again.
Whatever I still have a couple little miners running and will hope we stabilize and go back up at some point. Smiley
1096  Other / Off-topic / Re: Is amazon will be accepting bitcoins in the future? on: October 06, 2016, 09:07:35 PM
It would be great, but we will probably have to rely on third party sites that accept bitcoin and transfer that money to fiat currency at first.
Someone like Coinbase or Circle will probably have some sort of Amazon/ eBay/ Paypal integration.
That way these companies can do business with Bitcoin but limit their exposure to risk by letting another company handle the conversion of the coins.
1097  Other / Beginners & Help / Re: SHOULD I BUY AND HOLD BTC, DASH, DOGE on: October 06, 2016, 08:54:58 PM
DOGE is so dirt cheap right now, you wouldn't lose much by investing in it.
And if you look at the volume in the last few days, its between 3 and 10 times where it was a day or two ago on most exchanges.
Maybe something big is about to happen. I'm investing a few dollars at least.
1098  Economy / Speculation / Re: Will price be at around $700 by end of october on: October 06, 2016, 07:00:04 PM
Bitcoin prices probably go up around Christmas because of demand.
People are buying things online,
getting drunk and losing money on gambling sites,
taking time off from work to buy drugs on the darknet and get high,
all types of good things lol.
1099  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [FCT] FACTOM - HOW FACTOIDS WORK - PRICE SPECULATION on: October 06, 2016, 06:40:27 PM
This still seems like a good investment at $2 a coin.
Unless the company totally fails I can't see these being worth than less than $5-10 eventually.
If they are super successful, you could be looking at $50-100 a coin.

I think you would be crazy to not buy at least a few Factom.
1100  Economy / Trading Discussion / Re: Do you use a bot for trading? on: October 06, 2016, 05:34:11 PM
Do any of the exchanges have rules against using bots?
I would be very careful in admitting I used a bot. You might get your account closed and any of your coins seized if an exchange finds out you are doing automated trading.
(If it is against their terms of service.)

Also, most people that have a good bot for trading probably programmed it themselves and aren't going to give it out for free.
Pages: « 1 ... 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 [55] 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!