The cost of PoW mining of Eth gives its value.
Interesting. Has the hashrate declined since launch? The price decline is mainly because of the large amount of ICO and extra issued coin since the launch. The electricity cost of 1 Eth is around $0.6 if the electricity price is around $0.2 when the network hash rate is around 400GH/s. |
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When will the last coins be sold?
They said before 2016 Christmas but I don't know if this info is still accurate. The auction will take place during a six-hour period Nov. 5 from 8 a.m. to 2 p.m. EST. Bids will be accepted by email from pre-registered bidders only. The bitcoins are being offered in 22 blocks: 21 blocks of 2,000 bitcoins and 1 block of just over 2,341 bitcoins. The winning bidder(s) will be notified Nov. 6. This seems to be an interesting auction, But the value of these bitcoins reaches around ~11,000,000 USD. Maybe the price can drop to 200$ if these are sold for a cheaper price. Let see the price of bitcoin when the overhang is cleared. |
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The cost of PoW mining of Eth gives its value.
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Guy from Master Card said something,that is all,what is to compare btc with mastercard,if MasterCard want to integrate btc it is fine if not i dont care
They have to integrate bitcoin in the future if mastercard wants to stay in business. |
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FBI auctions until now have not had a negative impact on price.
The buyers usually have some long-term plans and don't dump the purchased coins immediately.
When the FBI overhang is cleared, price might rise. |
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I speculate that the price of monero will increase when less people are using Claymore's AMD miner because Claymore won't have a continuous supply of XMR to dump at any price. Less people will use Claymore's miner when Wolf0 finishes his open source AMD miner. https://forum.getmonero.org/9/work-in-progress/2400/open-source-amd-miner-by-wolf0Only ~12% to go! I know someone that follows this thread has ~750 xmr to throw at this! Is Wolf's miner faster than Claymore's? |
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I wish I could buy daily things with BTC.
Like groceries or a lunch or medicines
I like the idea of doing groceries and everyday purchases with BTC but honestly, right now it feels like a waste of time not because of the lack of merchants, but because why would you pay with something that is insanely under valued and most likely will go to mars in the next decade. I feel like Bitcoin is gold to me. If I got paid monthly I would use some of it tho, but not when I depend on buying more. I paid telephone bill 2 and half years ago with bitcoin when the price was at around $80, that was the most expensive bill I paid. |
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To pay for anything/service.
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The price is growing now, though very slow.
Slow growing is good. |
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Sorry to see it go. This coin is much better than most altcoins. There is the first Proof of Deposit coin and the developers are very active.
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Nope, 5 years min before we are above $500
That's what people were saying when Bitcoin was at $100: "five years minimum until we're at $1000"  The prices increase depends on adoption. |
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I have run the proxy. Sometimes, the proxy can receive and send jobs to miners, my ethminer can mine and the shares are accepted by the proxy, but the website does not show the shares. So my work is not recognized.
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Well businesses can set up some sort of internal transaction system instead of relying on the actual blockchain for quick micro transactions.
Yes, shoppers can register with the service provider and deposit their bitcoin first then use the bitcoins. Mastercard can also be part of the game. They can treat bitcoin as a currency, not just a monetary system. |
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However, with all the back log of transactions, it will take some time to get first confirmation. Can the shop trust the shopper?
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While this is definitely positive, how more exchanges do we need?
Crytpsy and Bitrexx volume is off approx 85% for their peaks.
The excitement is like when Coinsetter was announced...and now you never hear anything about them.
Not a game changer.
A fully decentralized exchange is a game changer. Something that cant be touched by the powers that be.
In the future, if people get paid and use bitcoin directly, we do not need so many exchanges. |
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Bitcoin passed all the tests.
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Shall i rename dark to dash or we keep original (nicer) terminology here?
No difference |
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The eco system doesn't benefit from mass hoarding.
That is why I use bitcoin sometimes. |
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Warren Buffet doesn't invest in technology and probably hasn't taken the time to understand bitcoin
He invests in stakes giving him constant cash flow. |
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Since the bitcoin future is unknown there is no guarantee that you can be retired even if you have 1 million bitcoins.
The price can be higher or lower, nobody knows, maybe bitcoin will not exist after 20 years, or maybe the whole internet will be shut down. I think that you should work hard outside and hope to be retired in 20 years which is not often possible.
That is the right attitude. |
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