So do you think that overnight bitcoin can double? Seriously? Miners already priced this in to speculate if they can keep a few or sell everything at today's market price. Also the market do not price this in because we cannot (can we?) establish what's the percentage of newly minted coins sold every day. The market priced in the total number of coins (21M) tho. [...]
so, if the prevailing bitcoin price on, say, October 15, 2015 is $50,000 (which admittedly is a conservative amount) and if the halving takes place at midnight on October 15, 2015, then the next morning, October 16, 2015, we will see an overnight doubling to $100,000.
[...]
yeah yeah very conservative, I think it will be $1M |
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This seems to be the norm regarding ASICs. The increase in difficulty by the time of delivery seems to make ROI pretty hard, not to mention that by the time V1 is shipped, V2 has been designed and rendered V1 yesterdays news. Not sure what the solution is apart from creating a core that fights ASICs, like Scrypt was supposed to be. But with 2 or 3 projects on the horizon even that looks like becoming more centralized. I'm all for home machines that we've built ourselves than these specialist machines with high prices and no resale value.
To reserve an ASIC today you have to be a true believer in bitcoin continuous price rise and pay in FIAT (or at least buy BTC with FIAT and pay the ASIC) I think it's better to buy coins today and speculate on the price rise. I don't think hobbyist miners with CPUs/GPUs is the perfect solution to sustain bitcoin tho |
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If they ship to UK I will buy something just to support their choice. It was a though one for such a large business and I like Patrick Bryne from what I have seen No more alpaca socks  |
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Usually people do the opposite. FIAT to BTC. go to Litecoin Yeahhhh!  I guess in this case LTC will contract even more. |
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Buy $10k bitcoins, $5k litecoins, $3k in another altcoin and use the rest to buy Neptune batch2 for $10k.
I would rather spend most of them on coins than lock them forever for ASICs.
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Which is about 0.000018 BTC?
Probably he sold them to himself to set a price, way higher than the real price
what 22k catcoins are 25~ bitcoins lol, and he sold for 0,4  Do you need me to explain it better or a picture is enough? |
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now please stop sniffing the glue, take the tin foil hat off and atleast research stories before posting on the forum
thanks
What's the point? He has posted an article from theverge, which perhaps covers many bitcoin related news The only person you should point your finger to is every US citizen |
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Which is about 0.000018 BTC?
Probably he sold them to himself to set a price, way higher than the real price
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This bubble is very different from the others we had in the past. It seems that there is enough talk on bitcoin going on right now that it doesn't deflate "as it should".
It could be because it's December and things slow down a bit, we should see some movements in January
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Very nice website, theme and layout really enjoyable!
I like the live blockchain scrolling on the right.
If I can you my personal advice, remove the black dodgy figure and replace it with something "positive" :-)
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I guess it's worth trying
Good luck to me :-)
1BziEZP1uBD7BXZh9PCxFiiHatoQeG6E3G
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Virtual currency can create value and efficiency but it needs to be linked to fiscal and monetary policy. Maybe, maybe not. Some people like the idea to have some legislation some don't. I guess we will see in 2014. ..aaaand the article goes on for endless paragraphs, which if you follow the press section, are the recap of what has been said in the last few weeks. No way the price is going to $10, there will always be people to support bitcoin or another cryptocurrency, you cannot kill an idea |
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This guy is just upset he doesn't understand it. ;-) I think he perfectly understands it and he is using his "position" to manipulate others. It has been already used in the past and it has worked flawlessly |
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A lot of coins here are just copy paste coins of litecoin. If I were going to make a copy paste coin I rather go with Novacoin, POW/POS, and yah 1 billion coins would be alright as well. Most ppl here think that having less coins produced means that their coin is going to be more successful but as we have seen that's not the case
scamcoin are scrypt clones beceause an ASIC is not out yet and it's more difficult to do a 51% attach. Create a sha and you get 51% owned by some angry kids with too many ASICs power on their hands. As far as I know nobody managed to do a 51% on Litecoin so far (at least in the last year) |
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is mooncoin supposed to go to the moon?
any pool running at launch?
I smell huge profits to be made..
meme v.2
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You think that this is a positive news? I don't think so. Goldman is trying to destroy Bitcoin, from the inside.  More likely, they did their homework and realize that there's money to be made. Yes, there will be a lot of revenue to be had before all the old "bad" money is converted into "good" Bitcoin money. They're also hastening their own demise if they don't switch over as well. Totally agree with this, if there is money to be made why stay behind and leave others do what they can do? It was an obvious choice imho |
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Mining at 630kh/s with the only gigabyte 7950 left.
Already sold all my miners a few months ago, not sure that was the right choice
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Price will continue to fail as difficulty will rise almost all the time. Next ASIC generation will literally send difficulty to the moon so time your sell accordingly (ref: http://bitcoin.sipa.be) |
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So, after NXT got some popularity, albeit based on promises, this scam coin is trying to do the same.
21 BTC (such a coincidence!) "donated" ROFL
Get a life, and a real job perhaps
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Maybe a Freebies and Giveaway section can be open so Alternate cryptocurrencies is less spammed than what it is right now?
Agree
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