I was skeptical about this coin at first but I've come around. It looks like this community is really driven and very kind to newcomers. I'll take a shot here considering the marketcap is stupidly low right now.
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I would say BitMex has become one of the deciding factors on where the market is heading. There is a lot of manipulation on that exchange because of the high leverage that can be used for short and long positions.
It's easy for whales to cause short pump and dumps but over the long term I don't think anyone has a strong enough effect on the market to bring prices down.
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Your reply might be decent and probably be constructive enough, but it completely depends on the context. What topic did you reply in? Mind linking it?
lol call me stupid, I don't remember. It was one of the threads in mining speculation. People were commenting on miners barely even making a profit. Oh well it's not a big deal, was just curious who deleted it.
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A reply of yours, quoted below, was deleted by a Bitcoin Forum moderator. Posts are most frequently deleted because they are off-topic, though they can also be deleted for other reasons. In the future, please avoid posting things that need to be deleted.
Quote Mining isn't even worth it these days unless you have government subsidized electricity like the chinese, they get their electricity dirt cheap and their miners at a discount from Chinese manufacturers. The little guys have been squeezed out and it's now a razor thin margin industrial game.
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Well I live in central america and we have a deal with the guys that work on the power lines So yes no cost. Lucky you, this is why people in the United States and Europe can't compete in the mining game anymore. There are too many miners with extremely cheap or free electricity.
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A few people can day trade successfully but the only real winners at the end are the exchanges. They will rake in the profits no matter what, the markets can go up or down but it's still the same in their books. It's really just like gambling, the house will always win.
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Compared to the other cryptocurrencies, Bitcoin has the most developers and the most security. The immense amount of hash power that is on the bitcoin mining network is what gives it trust. Bitcoin and Eth are far ahead the rest of the cryptocurrency market in terms of adoption.
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Suicide rates have been climbing and the trend will continue.
Possible reasons I believe suicide rates are rising.
-Pollution/toxins in the air, water, and food. It is affecting our brains and making us unstable.
-Low wages. People can't afford to live anymore. go back a few decades and a house would cost around 4 years of the average salary, now it is over 10 years of an average salary. Wages have not risen with inflation. The new wealth that is created goes straight to shareholders.
-Social media, lack of connection. Most humans lack any real community connection, we are very isolated in today's time.
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Rank means nothing, most of the legendary and hero accounts on this forum got their rank by posting spam.
Pay no attention to account rank, look at trust and merit.
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Mining at a loss can be a great option if you have the ability to pay your electricity bills without cashing out. A lot of people mined bitcoin when it was unprofitable and they came out millionaires. Plus right now is a great time to pick up miners extremely cheap.
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eth went from 300 to 1400 in 3 months, it will happen again by the end of this year.
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"Buy when there is blood in the streets" "Be greedy when others are fearful"
This is the time to buy if you want to become rich, The top coins are at bargain prices, 200 dollars for an eth, (that is an easy 5x if you hold).
I believe the whales and wall street manipulators have been keeping prices down and shaking out the noobs so they can accumulate for very cheap prices.
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Do you consider them to be a man or woman?
It's not up to you to decide. It's not their obligation to tell you. But, speaking from experience...if you get along and it ends up going "that way" ... Life's short, why not have someone else to share it with? Its can be VERY easy to be fooled, with all the drugs they are taking such as estrogen
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If all the workers of the world refused to work and refuse to use fiat money billionaires would be crippled and their wealth would vanish.
With all due respect, that's a pretty juvenile statement. Who do you think would suffer the most if such a thing were even possible? How do you think the average would support himself if he stopped working? In any case, you can ponder that hypothetical if you want, but it's just not going to happen. I've never been opposed to someone being rich just because I'm not. Even if they inherited all their wealth and did nothing to earn it. I've seen how miserable rich people can be, and money definitely does not buy happiness. It's such a hackneyed statement, but it's one that's true. Also, would we want to live in a world where super-wealthy people don't exist? What would we strive for? What we'd end up with is a society much like communist Russia was when I was a child. People would still have to have something to lust after, and it'd probably be power. I'm sure that world wouldn't be pretty. Despising wealth and the people who have it just smacks of jealousy. I have no doubt that most of the complainers would jump at the chance to be super-wealthy if they could, and then they'd have the exact opposite opinion of billionaires. It's not juvenile to stand up to bourgeoisie, they extract all the wealth that workers create. Without the workers they have no wealth. We have more then enough resources to go around for everyone but the upper class gobbles everything up. I agree that money doesn't buy happiness but having no money can cause extreme stress and suicidal thoughts. People will still create and strive for greatness without a financial motivation. Even cavemen created art. I'm not jealous in the slightest, material possessions bring no joy to my life and they end up taking up more of my time which is the most valuable thing we have.
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Is there a way to check get notified when someone quoted one of your posts in a thread?
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If any of you have seen die hard 4, the villian tries to destroy the entire electronic database system, wiping out all bank accounts , information, etc.
Realistically what would it take to delete all banking system data? any clue on how many backups they have, where everything is stored, etc? Same goes for the stock market holdings.
It's just numbers on a screen/paper, what would it take for everything to be wiped out?
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need eth back at 1k and btc back at 12k, Got my eyes on a rolls royce cullinan.
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Gods money is no money, we should strive to live in a world without money where everyone can share and resources will be allocated fairly.
Cryptocurrency is not the peoples currency, 1 percent of the population even owns cryptocurrency. The few that were invested at the beginning made a lot but the newcomers don't want to invest.
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My Eth bags
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