altcoins have no serious market cap. it's easy to realize such gains if you have a few spare bitcoins to work with. but don't compare them with btc.
Haha so funny to read this ignorance. Market cap of bitcoin is an illusion anyway. Many altcoins are being used as money more than bitcoin. Bitcoin is just 90% speculation. There is no real value. Even worse. 90% of all the funny internet bitcoins are owned by about 5 people. If that is the future of money we have not done well. Altcoins are the real revolution, offering rigid, fair and scalable systems. if this is a troll attempt, it's not funny enough altcoin can be controlled 100% by any random users that decide to invest few penny in it, how this is better than bitcoin? their network security is a one hell of a joke, not minimally comparable with bitcoin, and again any random dude can breach it, with 1 asic or small gpu rig basically 99,99 are a P&D scheme, maybe i should say all of them, with some of them, be a tool for infecting others poor innocent machines add to all this the fact that besides monero, they don't offer nothing new compared to bitcoin, just pure clone, and you can see clearly the whole point of those alt... |
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I've only been watching BTC for about a one year and During that time we have had longer periods of stability but I highly doubt that BTC has "stabilized" at ~230.00
More volatility is almost certainly on the horizon.
it is just a matter of perspective, if you compare it to the price before 2013, 230 is a one hell of a price, you can't say nothing bad about it, it's a great achievement and the stabilization will help those that are poor in bitcoin to accumulate more for the time being |
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If there is no internet, Bitcoin is the least of your problems.
this is debatable, if you have a big stash of bitcoin, losing the access to it, indefinitely, it will be one of your biggest problem, especially if those are the only money you have He means that in a world where the internet has disappear, it probably means civilization has gone backwards a couple decades to hundred years, which means guns and food rule the world, not even Gold would be useful there. well my point stand then, because after everything will be set again, these bitcoin would comes in hand, and makes you rich another time |
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Destroying something is not saving it.
can you say the same about bitcoin? if we destroy some coin, the price should skyrocket, what if we stop the whole mining now, and we enter in the fee era in this exact moment? would definitely help the price of Bitcoin, or it will simply fade away... |
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1666.66 could happen much easily, from here until the halving
your price need at least two halving, and is still not guaranteed at all that will happen
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i didn't follow it anymore(last time i checked it was only mac and linux only) but there is a windows version of this? and does it work with windows 10 if someone tried it
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there are only two reasons, bitcoin is not big enough to work "alone" and the second it's a conventional purpose, it is more easy to attribute a value to it, if you tied it with fiat
also bitcoin is not ready yet to work like a full currency(not accepted everywhere) so you need to dump for fiat first, in many cases
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Only a trivial software change is required to handle 20 MB blocks today, at least from the perspective of storage, which is what your post is discussing.
144 blocks a day, 52596 blocks a year.
At 0.020 GB per block, 1052 GB per year.
I recently bought five 3 TB hard drives for a 12 TB RAID array to store music files. The price was $90 per drive. With the absurd assumption that every block is full, this amounts to an annual expenditure of $30 to keep up with blockchain storage at the 20 MB block size.
You have to factor in bandwidth and syncing into this. Good luck syncing to a 1TB blockchain on a regular PC. I'm not sure where you got those prices from. Usually on Amazon.de it is between 50 to 60 euros for a 1TB drive. You also have to consider that this is a lot of money for quite a number of people. Obviously it is cheap for people with good jobs and people who live in 1st world country. What about the rest? China would definitely have problems if we had 20 MB blocks today. Are you living in China? Why would anyone in China have problems with that? Not only are hardware costs here in China far less than you could find almost anywhere else, but I'm sure anyone with the need or will to run a full node in China would not find the cost to be a barrier. They are only raising excuses, to remain competitive in their sector, they don't want to diminish even a tiny profit from their revenue, they are not even interested in bitcoin tech, but more on the economical aspect of it, basically only for the money, and one chinese confirmed this in another thread(about etherum project) |
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divide your money into three parts and make some deposit, investment, and cash in hand. For now, bank is not absulutely safe any more, such as Greek debt crisis.
I think invest in bitcoin and use pumped and dumped so that you can earn more. You only need is to havea enough capital to buy altcoins and then sell it when the right time comes. don't know how it is advisable to trade altcoin with your bitcoin, altcoin are dying monsters, that can't contribute too much to your portfolio, you need to follow those pumper groups, that pump a random coin each week, and you need to have your money ready on exchange(a bit risky), to buy those pumped altcoin but be aware, they usually say that they pump for long term, but the true is that they only pump it for something around 300% and then the crash happen very fast, there are too many bagholder miners, that are holding those garbage coins, and they look forward to dump as soon as possible |
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it's knc, apoparently they are the first that are running this, expect a wave of those new machine from chinese, soon, some of them might be already operative as a test, i don't know about their eficiency, but they should rise the diff to a whole new standard
not that it matter at this point, mining is already out of the question for casual miners anyway
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The best investment method i think is trading. But you must know about market price before you try it. You can hold your BTC for several weeks or months than you look market price. The other way is altcoin trading. It's faster than BTC trading, but it has high risk, so i don't recommend it. The last thing i want you to know, be careful when you choose trading site or you'll lose your BTC  trading plus leverage i would, say, it would allow you to have great return with a little investments, it's the best if you know what you are doing when trading, if you are inexperienced in that sector, you can still use leverage with a even lower amout leverage should work especially now , seeing how the price is repeating the same cycle of 230-250 in loop since many weeks, so you have a easy path to follow |
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Current situation is bizzarre.
Bitcoin is slowly going to nowhere. it's the lowest price since last 18 months.
And most user just talking about same stuff "right,but 3 years ago price was 20 usd".
That's the main bullshit.
It remindes me when laser disc or dat comes out!
All people said "that's the future!!!!!!" price skyrcocked,then slowly decreas for years, and then cames out CD. Noon4 use now laser discs or even dat. Just cd's or blue-ray disc.
Bitcoin is in the same situation...a dead man walking.
Hope situation will change fast.
besides the fact that the last ATH was a pure manipulation, so one should not really count it as a real ATH, and the crash after it, explained it well, one cannot see a huge raise like that and then a crash that return the price to the original level it's like we are starting all over again from april 2013 |
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It's true that we are having less nodes, and that's why nodes are incentivated and there is also dedicated hardware for nodes... But what makes you think that bigger blocks means less nodes? The only thing that would make us have less nodes is simply people feeling like shutting down theirs. There isn't really a reason to have less nodes...
Nodes aren't incentivized they should be then, there was a proposal to give something, to who will run a full node, this should in part diminish the possibility of such scenario There isn't any centralization for a simple reason: Most people could run a full node, if they wanted to.
Centralization means: You can't join the club.
Just because some guy in the outback of china with a crappy internet connection can't run a full node, doesn't mean anything is centralized.
Are torrents centralized, because the same guy couldn't upload a HD-movie?
What would really happen, if the number of nodes decline too much? Some companies and enthusiasts, would just make new ones. Like I said, in the beginning, it is not hard to do so. I could just buy one of this full setup full nodes, go to a friend, who has ridicilous fast internet, he doesn't need and ask him nicely to just keep it connected to the internet and buy him some beer in return. No problem there at all.
what if some companies would start to provide services to help you setup a full node(because you have bad connection, because you are poor, because you can't trust running a full node on your machine ecc...), would this be considered centralized? |
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I dont mentioned anything about this, Im barely stating that each fiat is not actually tied to one another
yeah ok, but from what you've said about the fact that they aren't tied because they are issued, one could deduce that bitcoin, is tied because it's not issued, thus not centralized like fiat, you can see the logic behind it easily Fiat wouldnt be "dead" and it will still be there, worst thing It will go will be getting into super inflation like Zimbabwe Dollar and the price of BTC will still be tied to it even if the currency getting into super inflation
mine was just a possible scenario, if what i say happen then how someone can measure bitcoin value without fiat? there must be another way right? surely there is, and this is why i don't think that bitcoin is tied to fiat That wont work, people are used to this FIAT system and no one gonna agree to "barter" things like It used to be because it has no estimation value either. Going back to where we was not going to help because BTC is treated as a good/stocks now and not a currency itself which means that it has a value that is tied to another currency.
estimate value, is estimated you know, it's not fixed, when you don't know the value of something first you estimte it, then you compare it with another estimate and so on, until you can find the good price of it, after all fiat started in the same way, there wasn't fiat at first, there was barter, then fiat come around VII century, if i'm not mistaken, and at the start there was an estimate of its value, then the demand of it increase, because people find it more easy to use than simply barter stuff all day and i firmly believe that, this is what would have happened if bitcoin was born without fiat |
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I hope it will cause the new rise in BTC price.
i doubt, 80% of people there did not even know about bitcoin, that's what the article say, and this even before the possible ban |
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you need to join a group of traders then, they could teach you how to do more then anyone else, and better than just watching some random guy do trade, you will not understand much in this way
if you are able to code, you can try to do a bot that play with shorting, few penny on the 250-230 range should work for now
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i'm running it on a Vm, last build, it's a good so right now, and they still need to release the enw kernel if i'm not mistaken, anyway i'm running bitcoin xt there, and it work like a charm, don't know about armory or multibit, but they should work too
windows 10 is basically like 8.1 enhanced, only be aware that some antivirus aren't working there yet....so it's not recommended to store big amount
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I hate any kind of verification.
This is crypto. I want to stay anonymous.
use monero instead, or any ring signature, but you can't stay anonymous if in the end you want to dump for fiat, this is the issue, if you really want to stay anonymous, you should not exchange even a penny, and all your deals should be done with altcoin |
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the price of bitcoin isnt stable now. it is moderately changing nowadays. you should make better focus on your price stability .  the price is stable i think as there are no big drops, bouncing 220-240 is really normal i think this is not stability and it will never be.. I was also wanted to have a price stability but in reality it will not stable.. this is exact stability, the best that bitcoin has achieved until know, price will never be one number only, ever, 100% stability don't exist in any asset, so it's a bit naive to think that one day, bitcoin will reach that point as long as there isn't high volatility, you can call the situation good enough, like it is in this moment, it's a good example |
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Hello,
How much btc do you think you need before you can move the price on a exchange?
Also is manipulation legal at bitcoin exchanger?
Just find the exchanger provide a massive trading amount everyday. As I know , the high volume exchanger were poloniex,bittrex, and Bter. About manipulation, that's can't be done with one person. But it can be done with a group of whale trader you don't need to be in a group in order to manipulate the price. one person is enough. most important is to have loads of fiat and bitcoins. You can make it on your own if you have enough knowledge about strategies how to make it or do it so you can earn more. not really advisable, if you join a good professional group, you can invest much less, and the market will be manipulated in the same way, but with less risk from your side |
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