ATM, I think at least 2 mill have already been lost. So total number ll not be over 19 million.
i think much more than that, especially from early adopters, those guys were mining a tons, if even few of those lost their coins, a great % will vanish, it was estimated a 30 total loss, i don't remember if it is base don the current amount of coin in circulation or total coins |
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It's a waiting game. The dumps and humps are feints, just like in an ice hockey game. You prepare to shoot, wait, prepare again, wait, then shoot. The goalkeeper that is prepared for the deception wins.
i agree i suspect that whales want the remained holders to dump their bag, by torturing them with a long wait and a stable price, to test their patience, some will give up this whales accumulation phase will not prevail for long |
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my guess, it's not going to be May 2015.
i would add on top of that, don't hope for a raise in the whole summer either, usually winter is for that, or autumn at best, now people are ready for vacation, they have only that in their mind the whole pack of the recent news should bring freshness later, in theory... |
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I've been a little preoccupied so I haven't done any TA lately.
I did take the time to asses this claim and i can confirm a significant crash is likely within a 48 hour time frame.
Significant, means 10-20% down. I wouldn't call it big, that will happen later this year.
24 are already passed we are still there, waiting for the others 24 to call this a bullshit again my prediction is that the price instead will remain there for a long time, don't expect a raise or a fall of any kind |
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all those templete, will only reduce the vitality of the forum(because no more new thread will be created), look at the forum is half dead if it was not for sig campaign
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LMAO
You haven't learned anything from the last 17 months, have you?
Bitcoin is a declining currency, it's been the most devalued currency compared to ANY OTHER FIAT currencies in the world.
You should all be bears in the longer term. Bitcoin is going to Zero, all the way, suckers!
last 17 months are just a price correction phase form the big fake pump bitcoin can't compare to fiat for now, its market is too tiny for that, that comparison is not fair zero is no sense, we are not even falling to sub 200, try again |
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Obviously it will. We have VC money and big infrastructures like NASDAQ showing interest on a daily. After 2020 when the mining starts lowering a lot, the price will be so high that we can't imagine it right now because we would feel as stupid as saying BTC would reach 10 dollars back in early 2009. Thats how the human brain works.
apparently this is not enough, we need everyone to show interest for it, to speed up the adoption/price ratio, something should take us off from this current stagnation, before the block halving |
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The best strategy is buying now and never sell it until the price going to $10000. You can't think the price is only $200+, right?
This is known as a long term strategy in BTC trading but as you know that this strategy is quite risky especially with the current state of the price where you can see that the price is declining day by day. Your prediciton is a bit off there as no one could ever guarantee that the price is going to raise up because all we can see that the market itself is now controlled by pure manipulation of some group of whales. Not to mention that satoshi himself said that there will be either alot of BTC transaction in the future or nothing. This actually indicates that satoshi himself is not even sure about the future as things might happen shorter strategy is risky too and more dangerous than just holding, also is less newbie friendly, you need to be a little professional to do it well satoshi said that because for him bitcoin was still a test, i would like to know what he would say now... |
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I think 1 Billion devices executing 100 billion computations per second can offer some security. You know, on top of the 354 Million Billion computations per second that are already taking place.
All they'd have to do is point the computations to a different cause though, then bitcoin may be fucked.
the network that they are creating with this 21 thing, should be bigger than the current network, assuming everyone will run it because 3B house runn ing 3 device of those even with a mere 10 gigahash per device would be 30giga per house, so about 90b giga, which are 90 exabyte, the current network is nowhere near that |
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you tried coinimal(is for european)? also the usual localbitcoin and circle should offer good rate
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this would better be done with sidechain, so you don't touch the original blockchain and you don't need any hard fork, they are a good idea imho, for removing that altcoin garbage
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there is still the problem of synching hanging at the start of core? it appear soemtimes and it is very annoying, i don't think it's only a problem related to the nodes
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Do you mean the man that would to like a pizza for 1000 BTC? It changed to funny story now  that story could repeat itself easily if bitcoin skyrocket again, i mean now you would pay what? 0.03 for a pizza? those 0.03 if bitcoin reach 10k-100k one day(not impossible), would bring a whole new topic about it, maybe not as a good as the original though |
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i remember my fist dumping was with mtgox in late 2013(was for testing), then i used it heavily in 2014 and now again in 2015, but for emergency in the most of the case, because i don't like to dump for trash fiat
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don't mine with a laptop, they usually overheat pretty fast because their fan is crappy, and accumulate dust easily, there is no room inside a laptop
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the more who accept bitcoin the better, they said that they did not notice difference when dealing with bitcoin and fiat, maybe this was the reason why they did not accept it before
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the irony ius that even the core developers arent one person only, so if we ever take in consideration what you said there is still no centralization
and they still don't decide by themselves, they usually ask the community first through numerous polls, and anyway their modifications are always needed in any case
it's not like they are doing changes which only meets their needs
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This seems to get rid of bitcoins point for being anonymous.
and monero too, which is even more of a big deal, bitcoin was never 100% anon anyway |
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The factor I worry about is a loss of net neutrality. If that happens bitcoin's fate is in the hands of your ISP. They could demand a fee for all bitcoin traffic or just not allow it at all.
couldn't you use something like tor to hides your traffic, or an alternative proxy? it should be like any torrent file in the end, i'm hiding it using a vpn |
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This is really the same as using a faucet you going to be spending more time and energy then its worth.
it is worse actually, one good faucet can give you 1-3k per hour(the best one even more), with 10gigahash/s you are getting only 10k per day, so unless those device are running 50 giga at very least there is no comparison, not to mention the electricity(not from the chip itself maybe, but from the whole device that need to run to be able to mine) unless you can mine without running it, somehing like two switches... |
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