Great post fluffypony ! It is just insane how fucked up DRK's instant/pre-mine is, when you compare the pictures. Monero had truly one of the best coin launches ever.
Again, great post.
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There is no logical explanation for this price drop, the only one i can think of is the ethereum ipo sale. In the long term this is just another good opportunity to enter the market, every little drop helps you to accumulate more and more coins.
Use the low price and buy more coins, longterm it can only go up.
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I think the maximum might be 50k $. But the future is full of surprises. One extreme brutal hyperinflation can destroy your FIAT wealth in a very short timeframe.
Just imagine: What would happen if only 2 million people would buy "only" one bitcoin ? 2 million people is nothing in a global scale. If we would adapt to 10 million users, the price would be already very high ! The problem is, that compared to us in the west, most of the world is poor.
I think the first big scale bitcoin adoption will happen in one of the poorer countries, that are plagued with a high inflation of their government paper money.
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If given a choice to walk away with either Bitcoin or gold of equivalent value, what would you pick? Asians and Westerners were asked in Taipei in Chinese and English if they would take Bitcoin or gold home with them that day, and the answer might surprise you... http://www.youtube.com/watch?v=m6GiC8dqN9AWe just shot a video outside the Taipei 101 skyscraper area here and gave people a chance to answer if they would walk away with either Bitcoin or gold- and why. If you were approached and were offered the same deal, would you walk away with Bitcoin or gold in your pocket, and why??? I think everyone should say bitcoin, in the end bitcoin is the reason we are lurking in this forum. It is the better alternative to gold. The mainstream just lacks to understand it for now - we are all early adopters.
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Litecoin scheint überfällig zu sein, verfolge das Teil nicht so wirklich, aber hat das Teil auch so Features verpasst bekommen wie Darkcoin, XC Coin, Cloakcoin, XCloudcoin etc? Ich meine, geht da was technisch weiter, gibts da überhaupt ne Android wallet? etc?
Litecoin stagniert einfach technologisch und leidet unter dem Verkaufsdruck der ganzen ASIC Käufer und natürlich der relativ hohen Inflation von 28800 Coins pro Tag. Ich sehe da keine Hoffnung mehr, der Coin ist überflüssig. In meinen Augen ist es nur noch eine Frage der Zeit, bis irgendein anderer Coin Litecoin von #2 verdrängt. Es muss ja nur einer von den großen Holdern seine Coins verkaufen, und der ganze Markt crashed wieder auf 2$ wie vor kurzem in dem Flashcrash. Meiner Meinung nach gibt es nur wenige sinnvolle Altcoins, die dementsprechend auch etwas besonderes leisten müssen. An Wert gegenüber dem BTC verlieren die meisten trotzdem.
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A little over a year ago I purchased $5000 worth of coins at about $15/btc as a short-term investment. I have watched it significantly rise and drop in that time. If I am not mistaken, the price per coin currently is about $31 or so.
Lately, I have not been as involved in the bitcoin community as I would like to be, so please forgive me if this is a stupid or repeat question:
Is this price real? Can I sell today and double my investment? Should I sell? Should I hold on and hope that it skyrockets? What is YOUR speculation? I am interested to hear.
Any thoughts or opinions would be more than appreciated!
I think you need to make up your mind on where you see Bitcoin in the future. Don't listen to people on the internet! In my opinion (make up your own mind) you could be well off selling a certain amount of that stash. To maybe recoup those $5000 or more, or less. But It'd definitely keep at least some BTC in a safe place! lol, just look at the date and the bitcoin price.. are you actually reading the topics or is it just spam to get more btc for your posts? I really dont like how spammy and full of nonsense this forum turned, considering that half of the users are "farming" posts. Especially when 2 or more users with primedice signatures start to "talk" with each other, while quoting the other one and writing just one sentence. Enough of ranting for now. Personally i really love to read these "old" threads, it shows how little the mind changed in a lot of users. I just hope that people learn from the mistakes that were made in the past. (Hint: Don't sell your coins! )
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Ich denke am Preis wird sich in nächster Zeit nichts mehr ändern, bis endlich ein bisschen Bewegung in Sachen ETF kommt.
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Seriously, what is wrong with you guys ? Why do you need such crazy amounts to retire ? I d be totally happy with 10k $ per coin. With that price it would push everyones life(who is involved in bitcoins) in a better direction. I am going all-in with my bitcoin investment strategy, i just hope it is worth it in the long run. My friends and family already tread me like a crazy one and laugh at me because bitcoin is just not moving in neither direction. Anyway, i am hodling strong no matter what comes for the next years. I will only sell if there is absolutely no other way to survive while growing my small stash of bitcoins over time. Back to topic: My dream price would be 40k / coin and ~1 million to retire. But i don't have high life standards, an own apartment with Internet is practically enough to make me happy for the rest of my life. Are you going to be able to accumulate more than 25 BTC before BTC prices become a lot more expensive? I say 25 BTC, b/c that is how many coins you would need to have in order to make $1million out of $40k coins. $10k per coin is only going to get you $250K in principle with those same 25BTC... but surely we shouldn't be complaining about $10k per coin if we are buying now... that is nearly 17x appreciation from today's prices.... Maybe it would be good to invest at or near $15k today for the 25 BTC.. and then just wait it out.... I am really NOT sure, though. My advice, to the extent that I attempt to dish out such would be if a person wanted to get to 25 BTC... but had difficult finances and was NOT sure about being able to invest a whole $15k... would be to invest as much as possible, hopefully, near $7.5k or more and then attempt to keep buying while the money comes in... to attempt to get to 25 BTC within a reasonably accelerated time-frame... then slow down investing in BTC on a dollar cost average basis thereafter. That is a good question Jay. I am really not sure if i can accumulate 25 bitcoins before the value accelerates. But i think that is not the point, as long as you try as hard as possible to get as many as possible. Right now i increase my bitcoin stash at a speed of ~0.4 btc per month. With my optimistic(realistic? ) point of view i will not be able to collect 25 bitcoins, because the process will be so much harder to collect more coins when they are worth over 10k$/each. That means 1 million are out of reach for me and remain as a dream. But if i manage to collect >15 bitcoins till then, i will still be happy. Goddammit, i am such a fucked up superbull. xD
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Kurze Frage zu der Problematik bezüglich ähnlicher Telefonnummern, also wenn weniger als die letzten 3 Ziffern unterschiedlich sind:
Kann man mit 2 ähnlichen Nummern trotzdessen zB mit einer nach Deutschland und mit einer nach Österreich anrufen, oder wird das vom System ebenfalls unterbunden ?
Es geht darum, dass ich eine 2. Leitung per ISDN ordern könnte - jedoch die Nummern wohl fast identisch werden.
Grüße Wex
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We are waiting already for a really long time for the next bubble. I think it will be a crazy one with spikes up to 12k $ and then going back to ~7k $ until the next world economy crisies arrives and pushes us to higher limits.
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Seriously, what is wrong with you guys ? Why do you need such crazy amounts to retire ? I d be totally happy with 10k $ per coin. With that price it would push everyones life(who is involved in bitcoins) in a better direction. I am going all-in with my bitcoin investment strategy, i just hope it is worth it in the long run. My friends and family already tread me like a crazy one and laugh at me because bitcoin is just not moving in neither direction. Anyway, i am hodling strong no matter what comes for the next years. I will only sell if there is absolutely no other way to survive while growing my small stash of bitcoins over time. Back to topic: My dream price would be 40k / coin and ~1 million to retire. But i don't have high life standards, an own apartment with Internet is practically enough to make me happy for the rest of my life.
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so they announced they won't ban anymore in their forum as a sign of good will, but now they admit that they will delete everything that they don't like.
it's getting worse and worse with every week passing by. unbelievable from an outsiders point of view.
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Monero should be still profitable, even with very high electricity costs ( >0.3 cent). You get approximately 0.002 bitcoin per gpu per day.
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Here's an analogy specifically crafted for the ageing brain, hehehe...
Why, thanks! And here is a parabolic fable for you: In 1903 the Wright brothers flew their first aeroplane, the Wright Flyer I, and Scientific American published a paper about it. Some young mechanics nerds became excited by the invention, built some replicas of the plane and started playing with them. They predicted that the Flyer would radically change the way people moved and lived, e.g. by flying through coffee shops and picking up their drinks with special hooks, or flying through their friends' windows at Christmas instead of sending them postcards. Then some libertarians realized that a Flyer would be handy to carry away their "dirty" cash when the police came knocking, and so they all started buying Flyers from the nerds. Drug dealers then thought that the machine could be used to smuggle drugs across the Rio Grande, and started buying them by the hundreds too. Then several Wright Flyer dealerships opened in China, and the Chinese started buying them like crazy. Each of these surges in demand drove the price up by 10x. Seeing that, other people realized that they could become filthy rich by investing in Flyers. They calculated that if, in the future, only 10% of the people who then traveled by horse would use a Flyer instead, each plane (which they could still buy for a few thousand dollars) would be worth millions. This thought drove many people crazy, and they invested all their worth, and then some more, in those machines. The 1000% per year growth of Wright Flyer price then attracted troves of finance businessmen and venture capitalists. Soon they were offering hundreds of financial instruments and services based on it -- such as bonds backed by fleets of Wright Flyers that their owners wanted to get rid of, and services that would exchange Flyers for horses, for Flyer owners who needed to go where planes could not land (which, at that time, was pretty much everywhere). There were some setbacks, for sure; like when the feds seized a huge fleet of Flyers from a drug cartel, when the Chinese government prohibited any use of Flyers that involved flying, and when thousands of investors lost half a billion dollars buying non-existent Flyers from a Japanese dealer. Those and other mishaps caused the plane's price to drop somewhat; but, by that time, thousands of enthusiasts had become firmly convinced that the Wright Flyer I was the means of transportation of the future, and continued to believe in its longterm appreciation. (They actualy welcomed the temporary price drop, since it allowed them to buy more Flyers with their strained paychecks.) Meanwhile, many inventors (including, some suspect, the Wright brothers themselves) had been busy developing bigger, better, safer, faster aeroplanes. But Wright Flyer I enthusiasts scorned them. They pointed out that those competing designs were just minor variations of the basic idea, and did not have the extensive network of repair shops and part suppliers of their original model, nor the public confidence that it had accrued in those four years since it was invented, nor the mllions that had been invested in ventures and services based on it. They were certain that, in a few months, those alternative designs would fail and would be forgotten, while the Wright Flyers that they had piled up in their backyards would continue to grow in value, 10x every year. And they laughed at some pessimists who predicted that governments might one day regulate aircraft and air travel ("Ha! How can they enforce regulations on machines that can fly away from them?"), ban the Wright Flyer I from the skies, or even use aircraft to expand their power, e.g. by using them to chase drug smugglers and spy into people's private land. I do not know what happened next, but surely time must have vindicated those Wright Flyer I enthusiasts. This is just awesome ! What a beautiful story, personally i can't wait to read what happens next to the Wright Flyer I. I hope you re gonna finish your story soon with a happy end.
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Benutzt jemand die Unitymedia Flat? Gab es mit denen irgendwelche Probleme durch das Dauertelefonieren?
Festnetz, natürlich.
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Benutzt jemand die Unitymedia Flat? Gab es mit denen irgendwelche Probleme durch das Dauertelefonieren?
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i would be also very happy about a reduced fee percentage. i know we have a nofee option, but it would be much better to see a dev fee of 2-3%. that is a range, when everybody feels "fine" to contribute to the dev. i think we all agree, that clay deserves some kind of fee as long as he made the only amd miner for cryptonote coins.
but its been running for a really long time with 5% fee. i just feel that it is time for a lowered dev fee.
greetings wex
Sorry for quoting myself, but i changed my mind. After seeing the cuda release for xcn but no amd miner - it really sucks. Without Clay we couldnt even mine monero. And he gave me an update, that he is gonna take a look at xcn in the next few days. He is doing awesome work and deserves a share of our mining. Thank you Clay for being such an awesome Coder, without you amd mining would be dead already.
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Just a little update: Clay wants to take a look at XCN in a few days.
AMD miners, cheer up !
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Can someone give me a link to the gpu miner?
With the recent nethash explosion it is obvious that someone is mining with it.
(yes, this is a rant about the release of a good coin with a new algo, but without a simultaneous release of a fair gpu miner)
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But is this question really that important ? Isn't it much more important to get as much as you can right now ? (as an early adopter) I would invest as much as i can in bitcoin, well that is what i am doing right now. But at the same time i am not rich. I am just a student and i try to spend as little money as possible to cover my monthly costs and with the leftovers of my income i buy(and mine) between 0.3-0.7 btc per month. I really think, that +10 bitcoin should be enough. 5 years are a hell of a long time in the digital era. We are in the middle of a monetary revolution, don't miss this opportunity to enhance your life. (I might be totally wrong, but at least i tried with maximum effort to make the best out of my situation - and i truly believe in this digital future )
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