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If I look at the charts of the last few weeks, I see a few little spikes.
But I'm not sure if they caused by whales or just normal market effects.
The big trend, and think that is the important thing, it clearly points down.
In general I don't think that there is a very bright future for Etc.
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I bought my first coins somewhen early last year, and I still have them  The good thing is that the price raised a lot since then. Unfortunatelly I did not buy much, so the profit for me is really not very big. |
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Etc/Eth is just a bubble.
Traders and founders use them to make some money, but a normal bitcoin user has no usage for them.
They are two of many altcoins that share the same fate: a temporary occurence that will drift back into meaninglessness soon enough because they are replaced by other altcoins.
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If I had to choose, I would take gold.
It's accepted almost anywhere in the world, you do not need a computer for it and it is not as volitaile as bitcoin.
Yes, it can be stolen, but so cen be bitcoins if you do not handle your keys carefully.
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Since i am still new in this industry and i am only getting .03 weekly lol then it would be that really hard but not impossible. But i am not planning to hold my bitcoin amounts though because i have to buy things that i need
It is good that you are utilizing your bitcoin payments what you are receiving from your signature campaign, I am also doing the same, right now i am also earning the same 0.03 btc weekly but i am playing in poker tournament and doing small sports betting so i am able to make it 0.05btc and from that i use to convert my 0.04 btc to fiat currency to full fill my family expenses. Balance i keep for poker and sports betting every week. Thats nice that you almost doubled your earnings every week because of gambling. Bad thing about gambling is if we lose sometimes i cant just afford to even if it is just i .01 btc i still consider that one as a decent one especially if i earned it in a hard way Ambrosialing the earnings every week is a huge achievement. But it is probably inevitable with gambling that one day a loss will come. I hope for you it will not eraise all your earnings before. |
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I have heared of openbazar, but I never tested it.
From all I know it works p2p, so you have to install a software.
That is something I do not like.
Is there a way to test it without installing anything?
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The only really possible way to buy btc staying anonymous is by cash.
If you buy it with some kind of online payment, the selling party always knows your name or account details.
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5 btc I will sell when price reaches to $1k and rest 5 btc I will save for the future hoping to earn much higher profits in future, its better to play safe and not take risk of investing it somewhere.
indeed save for long term bitcoin is very much better than gambling or else way but the main problem for long term holding is we never know in what year bitcoin will reach $1k or above and it takes more patience to waiting your target sell because for me waiting is the boring time in my life and currently long term holding doesn't suitable any longer for me That's true holding for a long time is not guaranteed that you are going to earn from it. But if we are going to base it on what happened for those bitcoin millionaires it is the way that they did on how they did became a bitcoin millionaire. Well it is also good to consider that holding that amount up to your satisfactory price. from my point view eventually holding will give you an advantage during bitcoin keep exist and you can be patient until prices rise above the price before you buy it. I too would rather hold them for myself as there is not really much of an assurance of profit from trading because from personal experience from trading, I have not really profited that much with my trading so far as I am a small networth bitcoin trader. I may try sports betting with just a small amount and test my luck and skills to see if I can make profits there. It depends on your preference but trading is much better than sport betting, if you said that you wont make good profits out of trading it normal because we suffer lossing trades just like gambling it has the risk of losing your money. Sports betting is better compared to other gambling games but its also a matter of luck only. I think sports betting and trading can be compared at about equal risks. At least if you know about the sport and the chances of winning for one side. And in trading you should know the circumstances of the coins you are trading with. |
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1$ for a bitcoin seems unrealistic to me.
If it would drop that low nobody would buy it. Bitcoin would simply stop to exist.
No miners would run a bitcoin mining software. So no transactions could be made what would mean the end of bitcoin.
I think that even 50$ per coin would lead to an end.
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I have not played pokemon go yet.
If bitcoin would be just implemented to buy things there, without giving me the ability to earn anything, that would be no reason for me to start playing.
But if I could somehow make profit out of it I would appreciate it very much.
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My understanding is that Bitcoins can be traced or otherwise identified, so why couldn't these 120,000 BTC be "banned" by all the exchanges based on some criteria or the identity of the coins that were stolen?
I suppose that those coins went already into other currencies (maybe etc, if you look at the traded volumes yesterday). This simply went too fast to react on it in any way. And I do not think that any exchange would willingly reject coins they can make profit with. |
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I am wondering, have other currencies been stolen as well or was the hack aiming only for bitcoins?
And I can not help myself, but if I look at the Etc charts I somehow must assume that this might be the direction where all those coins went.
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All those natural fluctuation theories here are obsolet at the moment, because nobody expected the bitfinex hack.
This is going to follow us for a very long time, and drag the price back to about 300$.
If it is as bad as some people say.
Bitfinex got hacked is one thing, I think if a relatively low amounts of coins are stolen, then the price will move up again. But if it turns out that perhaps tens of thousands of coins are stolen, then prepare yourself for $3XX prices again. But then again, that's assuming Bitfinex is honestly communicating to the outside world. They can also just say; Hey! We lost like 500BTC, but everything is fixed now! While in fact they lost much more coins due to a hack. We don't know that. From all I have read so far the amount is much larger. About 120000 coins were stolen the media write. Ouch! That would be about the same level than the DAO attack. |
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All those natural fluctuation theories here are obsolet at the moment, because nobody expected the bitfinex hack.
This is going to follow us for a very long time, and drag the price back to about 300$.
If it is as bad as some people say.
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Probably the reason why bitcoin just went down 10% to about 560$.
I did not see this one coming!!!
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I don't believe that there is a pump as well.
Simply because the hashrate increased the last few days dramatically to over 1TH/s today.
If it really should be a pump, it would be a solid one.
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I would not pay that.
I think those 2 coins would be better invested if he bought himself a new computer and a few usb sticks to save the important data.
Or just format the hard drive and buy a new operating system.
The chances of getting his computer working again are minimal.
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Like all the others here I really like to have both.
And i can really see no reason why I should give up any of those two
Fiat is for the bills, for my real life.
And crypto is an experemental thing, I would call it my hobby.
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That can happen to you when selling a car as well.
Everything you do personally includes a little risk of danger.
But I do not think it happenes that often.
And mostly the circumstances are bad for the seller. Lonely place or so. It would be easy to minimize that risk.
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I am wondering if there has to be a winner at all.
I see the option that both will soon have about the same hashrate, and they will be traded against ech other at about the same level.
At that point mining both coins will be about equally profitable and nobody from one currency will take the effort to adapt his miners to the other currency.
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