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Holding bitcoin may be a good way to make money, but it depends on where the market is going.
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Truthfully, there is no single strategy that can make long-term profit. But usually, the popular "strategy" include buying low and selling high. This would work if people knew where the market was going. Unfortunately, we don't. So, just use your "strategy" and hope for the best.
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I can't read the FAQ without highlighting them on the .nl website. Can you change the words to not match the background?
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How are you sustaining this?
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Nah, there's no way Eth would beat bitcoin. Bitcoin has like 7 years ahead of Eth.
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I'm waiting on the halving like everyone is because the fact is that the bitcoin is gonna rise for sure these days without any doubts.
I think the halving will help us for sure.
Yeah everyone is excited to see that what will be the price of bitcoin at the time of halving, and it would be really disappointing if price doesn't goes higher. But hoping that price exceeds beyond expectations as a result of halving. Do not expect too high from halving as anything is possible, price might to higher or even it can fall down, so keep your fingers crossed as halving will only show the real picture. The price now at $450 is very cheap. It is much lower than the price after halving. During halving, the price could be $500. |
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Holding our bitcoin and waiting on the halving is good to do, I'm also doing this because I think the halving is gonna be very sweet and juicy.
The halving will let the price rise to a high amount without a doubt.
I am not waiting for the halving because i expect a price increase but i do think it is something special. To me it doesn't matter though if it is in may or july. I agree with that. The halving could increase the price, but it is not fundamental. The mass adoption matters most. |
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Holding our bitcoin and waiting on the halving is good to do, I'm also doing this because I think the halving is gonna be very sweet and juicy.
The halving will let the price rise to a high amount without a doubt.
I am not waiting for the halving because i expect a price increase but i do think it is something special. To me it doesn't matter though if it is in may or july. The price rise caused by halving is just short term. The long term price or the value is determined by the usage of the bitcoin. |
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I have bough some bitcoins as I think the price will rise in the medium term, in 6-18 months. I will use some when the price is over $1400.
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Thank you for the reply, the cloudmining was just an experiment which has gone well so far, Hrmm which software are you using to mine?
im learning with GETH at the moment
Do not use the cloud mining site. You take all the risks. The mining operators will have good income out of it. |
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Anybody know if this attack is possible in ethereum?
1. Miner creates a contract with a really, really high gas charge
2. Withdraw from an exchange wallet to the contract address
3. Miner mines the block, collects the gas
4. Repeat
Thoughts?
It is very small possibility if the miner does not have very high hash power. He might not mine that specific block. |
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I found a site bitbank.com while fiddling with domain names through boardom. It offers 12% interest on annual fixed amounts or 0.02% daily. Is this site a scam or leitimate.
I want to know of only people who have used it or can offer advice on its validity.
The website is registered by a Chinese company based in Guang Dong, China. Bank of China prohibits any banking or financial institutions from providing any Bitcoin related services. So to answer your question, this appears illegitimate. There is no regulated bitcoin "bank" in the world. A bank has to be insured. If an entity calls it a bank, it is a scam. |
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You can assume that everyone will immediately update to Classic nodes and therefore that only one chain will survive. But that's unlikely. I sure won't be updating.
You'll probably be DUMPING!!!  Well, that depends how it pans out.  Yes, dumping is a realistic option. So is double spending on one chain vs. the other. Or some combination. It will be interesting if the hard fork breaks consensus, I'll say that much. I know that I will be dumping both chains if we fork to a new client. I will buy bitcoins for $1 each after you and your Core supporters crash the market and then wait for the next new moon! Maybe the Core bitcoin will crash to the $1. But not the Classic bitcoin if it is supported by majority of miners and service providers. |
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The market loves it!!  It is because of the uncertainty behind the future of Bitcoin. If the core devs were not so against any kind of increase in the max block size then the market would react differently. When the first block that "voted" for XT was mined someone sold 20k BTC on bitfinex (likely because of the uncertainty) I think if the Core accepts the 2MB proposal and implements it after through testing on the test net, then the bitcoin price will fly. |
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Claiming theft from a cold wallet is BS. If any theft happened from a cold wallet it must have been done by someone at Cryptsy themselves - if it even happened at all. This is yet another repeat of the Gox debacle, & it won't be the last until peeps realize that all exchanges are scams waiting to happen..
It is quite impossible for thief to steal from cold storage. I think that Cryptsy should compensate users for their losses. |
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Dedicated miners has electronic circuits designed specially for the mining. It cannot do anything else. So it is more efficient.
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