Problem is South Florida winters are hot as well. Imaging December and being at the beach in flip flops and shorts. I need to move to a folder area to mine with a lot of power.
you can put them underground if you have the possibility, or do some refrigerator stuff, in the room where you hold the miners and anyway how do you mine in summer, if in winter is already hot? |
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Although I guess we all here hope that bitcoin price will continue to go up, especially in the long-term, I think we should be very careful talking about any guarantees - only death and taxes are certain in this world  The short term bitcoin price is unpredictable. Not many people expect the price to rise so much in the last 4 weeks. There are many reasons behind this rise. One could be the open of the Gemini. 1-Gemini 2-During October the 3 biggest credit companies in the world announced investments in bitcoin-related companies additionallly 13 banks formed a partnership to learn and implement blockchain technology onto the current banking system 3-Gavin Andersen lost a huge amount of credibility from core devs after that whole bullshit about block sizes. Reasons don't come necessarily in this order. Why do you think Gemini is having such an impact ? Is it attracting institutional clients already ? because it is based on new york, and they have a strict regulation there, if offer in this way, a way for people there to trade bitcoin without hassles |
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i think very few will be willing to buy at 10-15%, i would do 5% to begin with
if you offer a fast way to have money to the buyer, there might be a betetr chances to find someone with those rate
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Its' because there are no trading fees on those specific exchanges.
Which means you can buy and sell to yourself at no cost.
This happens on "our" markets as well (the buying and selling to oneself) but fees make this prohibitive. On those specific exchange you are referring to, there are no disencentive to manipulate prices that way, hence the probability that a big % of this volume is "washed" as we say.
This is why such volumes are not taken into account.
on top of this i want to add that the volume is kinda fake, there is mnipulation for the volume there, not reliable |
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There's also bot trading... which I'm still learning... I always feel like I'm losing =/
How do you start learning bot trading? Any good sites/programs to try out? you can find many bot that do trade for you, there is one guy here selling one, called CAT, check it you can find it easilywith google |
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get them is hard and slow and not cheap in most places.
sadly there is nothing that the devs can do about it
if it was cheap bitcoin was doomed, bitcoin is mean to be expensive in the future, and there will be those that will buy even at 10k, but a less amount everything will be the same as now, there will be a leveling |
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I'm curious how the buying of food would work? Do you have to wait for 6 confirmations before getting your food?
you can do it offchain with bitpay, or wait for 1 confirmation only, most foods don't cost too much, i would risk it with few confirmations surely i can wait an average of 10 min, normally you wait more in the restaurant... |
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so it really look like this is the rally everyone was waiting for, i still need to retrieve 6 btc that i've lended, i hope i'm in time, to not lose too much, sold those at 270 euro....
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use Kraken, they have a dutch bank to, so the sepa should be in the range of 8 hours, very fast
i'm also using a dutch card and with them my sepa are incredible fast
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I think bitcoin is popular enough and it's marketing is great already. But the problem is we can see as bitcoin always have a problem ( ex : being hack etc ) so that's why bitcoin can't being popular as the other investment stuff like : gold etc
no, it isn't its market cap is a tiny drop in the water, when we reach the range of 100B-1T you can start talking about a good market cap |
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Do you think that who now have 10 or 100 BTC can became "milionare" in the future?
Even today if someone has 100 btc,he is millionaire in most parts of the world being millionary in a country where you cna be rich with only 30k isn't something to be proud about, the country would be so poor that there won't be much to buy |
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i think we can handle double of the current transaction per second, with a bit of delay even x3 or x4 that, i remember that with the stress test we went to 140 tx per seconds, which is a crazy numbers
but still the network has proceeded it eventually
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Nope, Bitcoin will never fail. At this point is just past the initial stages of doubt. Right now if you don't own any Bitcoins, the only possible stage is either doubt, or being bitter because you lost money with it in the past (probably on the last bubble). Long term Bitcoins holder will rule the next decade. The Rothchilds will be deprecated by the big Bitcoin holders.
How many BTC you must hold to rule next decade??  10 should suffice, if you expect a 100k price, 100 would be ideal for me, more feasible to wait 10k price 10k-100k range is a tough call, i'm not believing it for a very long time, and i don't want to wait 30 years for it... |
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I believe it is rising because of the near block halfing.
I say save your btc and go all in at the end.
nah it's because of europe vat free bitcoin, and china removing the limit on bitcoin, many of their restriction halving too far away yet |
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I don't use banks. I use cash and crypto for pretty much everything.
and how do you acquire cash? usually from atm, which mean that you have a card, which mean that you have a bank account unless 1) you're payed directly with cash, i highly doubt that, 2) you're criminal or doing illegal stuff Not everyone has debit or credit card, neither bank account. 2.5 Billion people in the world does not have bank accounts. Cash to cash transaction are good if they are in short term locations, but for online it does not work. i'm not counting 3world people those don't even need money they live with foods in the forest also don't county children and so on, so form 2.5B you actually have a much lower number |
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I don't use banks. I use cash and crypto for pretty much everything.
and how do you acquire cash? usually from atm, which mean that you have a card, which mean that you have a bank account unless 1) you're payed directly with cash, i highly doubt that, 2) you're criminal or doing illegal stuff |
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the market rised by 1B practically(33%) 1.7M is nothing in comaprison, a tiny drop in the ocean
if who want thos ebitcoin don't dump the next day, then it could be good in a bad way to ahve those situation
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other coins were born for the sole purpose to give to who missed the "early adopters train" be an early adopter himself, there was no other reason for them to exist
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just look at the alt section, there is no competitor among them for bitcoin, the only one could be monero, nothing else
from this point of view bitcoin future is without obstacles...
Monero could be potential competitor for bitcoin, as it provides anonymous, untraceable transaction. Ethereum could be another one as it offers a totally new platform. maidsafe also can be another competitor, i forgot bout that, but they offer something different than bitcoin, they for example could use bitcoin for their platform, so they are not really competitors... |
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