Why do you care so much how other people invest ? Your account should get banned.
Edit: I just went through Sevveros history and it looks that his acc is bought, i just couldnt believe someone puts that much anger into other people decisions. Before august he was posting a lot in german threads, since august he is mostly trolling in the speculation forum with a very bad attitude. Just put him on ignore and report him to a moderator.
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I will hold long term, pretty confident the price will recover.
I have just sold everything... to buy back later.
Troll. On topic: I wait for a large spike down with big volume. Me and a few friends are waiting to buy-in in the next big opportunity. But i am always bullish, lol.
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I think there will be a high volume spike down to 360-380$, to shake the last weak hands. After that we will rise. The bitcoin eco system is ready for higher prices. But of course people try to maximize their gains and weak people start to panic very fast without watching at the whole picture.
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i just see buy signals
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Soon.all in between 380-400$
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if btc continues down trend, miners could drop out as they cannot pay upkeep, then it's downward spiral.
downward spiral means? Bitcoin ends? No, the difficulty level of mining Bitcoin drops until it's profitable to start mining again. The miners wait until it costs less electricity to mine a Bitcoin than they can sell one for. If a lot of miners stop, the ones left will get a bigger piece of the pie, which will allow for them to invest in more hashing power, which will allow for bigger gains as they can monopolize the mining game, so if you are in the mining game and you have a big name stablished and leave, you are basically an idiot, thats why nothing wrong will happen. It's a self sustained system. Wrong. If a lot of miners stop right after a high difficulty adjustment all the other miners are pretty much fucked with an unfair mining difficulty. And no, they don't get more bitcoins. Please inform yourself about mining and difficulty. In the altcoin section a few coins almost died(very! long block times) because a big mining pool switched the coin after a high difficulty change and only came back when the difficulty adjusted way lower again.
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I think wall street will drive the next rise. Although i really liked his blogpost - a lot of good points. But i see it from a different angle. In my opinion bitcoin is really cheap right now. Vendor and mining infrastructure is rising every day, but the price does not reflect all this progress. In my opinion wall street will start the next rise. The current price is lagging compared to the ecosystem and the user numbers. The rise is overdue, it just needs a spark to start. <- bull
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Is it worth to mine in such a small marketcap ?
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I just read the coindesk article. Unbelievable that they give these scamers this kind of audience.
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I really liked the pictures. The last one reminds me of the matrix.
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The next rally starts, when one of these events happens: - #1 ETF
- #2 Paypal bitcoin wallet integration and one-click bitcoin purchase through paypal
explanation#1 I think that is obvious #2 Paypal has 152 million users. And now imagine what happens when only 1% decide to buy one full bitcoin. The CEO is a bitcoin fan. It's only a matter of time when the implementation happens.
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Xiaoxiao, you seem very bored lately. Maybe focus on your speculation/trading thread again ?
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When the 0.1 fee will be fixed ?
When we replace it with per-kb fees. Just please make the fees high enough that the blockchain is not sold out too cheaply. It is possible to lower them when the price rises. The recent decision to up them by 20x did not lead to price crashing. I would like to hear your specific suggestions with supporting analysis. If "you" was singular, I'd like to know many variables first, to start to analyze it: - number of tx per day - distribution of the sizes of tx, how much user can affect it - does mixing factor affect it - is there any reason to compete for space in 1 block as with Bitcoin - is there any way the user could/should be able to affect the fee - how did the recent 20x increase of fee affect tx - what is the realistic upper limit of blockchain size now, in 1, 2, 3, 4, 5, etc years so that it is still usable - blockchain prunable to what extent, when? After these, I proceed to calculate if there is any need to limit the blockchain usage or if the antispam is the only reason for fees. If the limiting is required, then it takes some time to try to develop a "lifespan" for the coin by probably subsidising the fee now so that later Monero is so big that we can face the problem with larger resources. But I won't go into specifics without getting the information first. ADD: Before even seeing the facts, I would say that there exists the following usage: - Transfers. These are quite large and not much affected by the fees. - Payments. These may be small but can be reconfigured such that they happen less often, which would reduce the usage given higher fee. - Micropayments. These proliferate is the fees are small, and become uneconomic if they are raised. I don't believe there are many micropayment innovations functioning in Monero, and by keeping the fees high there will not be, either. It is a new thing that has not existed before, but seems that Monero blockchain is not the right place for it. - Spam/Attacks. If fee is set so high that people are grudging when making a transfer, it is a problem because they sell out of a coin that is too expensive to transact with. If fee is too high for payments, the coin loses economy/services. There were never any micropayments to begin with. I am not a fan of high transaction fees. After all, the low transaction fee lead to the latest successful attack - and that is a good thing! With higher fees that attack might not be feasible - true, but this just means the attacker would be a future force with more money in the pockets. That is why i propose: keep the fees low, give attackers a chance to attack. After all it makes the coin so much more secure and our devs handled the last attack so well!
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But, then again: what is the "real" price of a miner? All of them get 50% cheaper just 2-3 months later. So, is the real retail price 4000$? Or 2000$? Or even 500$? We just don't know without insider informations.
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Be patient, a 20$ drop is not a good buying opportunity. Don't invest all your liquid capital now, i am sure there will be another spike.
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I put a nice little sum on the sideline. Waiting for the next big swing. If the market moves below 400 i will cash in everything.
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Here is a chart with the addition of the miner costs: 100$ miner 200$ miner 300$ miner 400$ miner 500$ miner -0,02 -0,23 -0,43 -0,64 -0,85 0,16 -0,05 -0,25 -0,46 -0,67 0,32 0,12 -0,09 -0,3 -0,5 0,48 0,27 0,07 -0,14 -0,34 0,61 0,4 0,2 -0,01 -0,21 0,72 0,52 0,31 0,1 -0,1 0,83 0,62 0,41 0,21 0 0,92 0,71 0,51 0,3 0,1 1 0,8 0,59 0,39 0,18 1,08 0,87 0,67 0,46 0,26 1,15 0,94 0,74 0,53 0,33 1,21 1,01 0,8 0,59 0,39 1,27 1,06 0,86 0,65 0,45 1,32 1,12 0,91 0,7 0,5 1,37 1,16 0,96 0,75 0,55 1,41 1,21 1 0,79 0,59 1,45 1,25 1,04 0,83 0,63 1,49 1,28 1,08 0,87 0,66 1,52 1,31 1,11 0,9 0,7 1,55 1,34 1,14 0,93 0,73 1,58 1,37 1,16 0,96 0,75 1,6 1,4 1,19 0,98 0,78 1,62 1,42 1,21 1 0,8 1,64 1,44 1,23 1,02 0,82 1,66 1,46 1,25 1,04 0,84 1,68 1,47 1,27 1,06 0,85 1,69 1,49 1,28 1,08 0,87 1,71 1,5 1,29 1,09 0,88
In the chart you see the bitcoins that the miner creates over its profitable lifetime, if you would start from the beginning of the launch. The cost of the miner is calculated by $cost/485(<-current bitcoin price).
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