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Is anyone just leaving a couple of BTCs in moon coin and waiting for it to skyrocket?
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It will only increase in USD, not Euro, sorry
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Sorry for the late response guys... Thank you, this is exactly what I needed 1. I am approx. 110-120MHs
2. I mine at several different pools to distribute the hash rate.
My favorites (in order) = coinotron.com, p2pool.org, litecoinpool.org, litebonk.com
Is it a mistake. Depends. Are you trying to get rich quick? Is so yes, it will suck as much as it will be fun. Are you in for the long haul and plan to add on? If you can handle the frustration, electrical cost, the endless tweeking, and times when you can't turn a profit then it will get better.
What's your mining rig spec? And what do you mean "endless tweeking"? Can I just leave it running and not worry about it? What kind of tweeking does it require? I just ordered my mining gear for $2000..... am I making a huge mistake? What did you buy for $2000? I am hoping he got lucky and scored 5x 290s. My feeling tells me that was not the case
I got 3x Radeon 280's ...... how the hell would I get 5x 290 under $2000?! |
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I would be happy with $10.000 but cant imagine that it will happen. But then again, as it was $200 I was not able to imagine $1.000... Lets see what will happen. I changed 60% of my FIAT to BTC.
You are crazy if that means that 60% of your savings are in BTC. Um.. I must be insane because I already converted 100% of mine into BTC even when I have credit card debt |
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Op, you should have ability to close this thread.
Just so you know.
Yes please close it, I hate seething this useless thread when I click 'show new replies to your posts' |
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But for the next month or two... I am still expecting a sideways movement, even if we break 1000 in Feb or March, I seriously doubt we will reach our ATH anytime in Feb or March unless something big happens.
in stockmarkets lateral movements last only few weeks,so I think in the dynamic bitcoinmarket the lat-movement does not take that Long as you were assuming. But the best of these lat-movements is : the prevailing prior trend will mostly be continued We've been through a 6 month lateral movement during 2011/2012 (if i remember correctly), I don't see any reason why this couldn't happen again. I'm thinking we're getting set to break the record of the longest lateral movement we have ever had in bitcoin. The adoption rate is increasing a lot faster now, but then again the money needed to cause another rally/bubble is a lot higher than before. |
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Oh look guys! January is coming to an end and this thread still holds true. Let's face it, for investors this year has not been great so far. Not that I am worried because I'm a long term believer. I don't expect to see any bubbles that will shoot us up to a new ATH anytime soon. Feb and Mar will continue this boring sideways movement, and for good reason because the hype has been way too much recently. This sideways movement will shed off some of the weaker holders before the train starts back up again. We may not even see any action until April or May or longer... who knows, this reminds me of the 6 month sideways movement after the big crash that one year. I am such btc hodler ...well Oculus is one of those few projects I would spend my beloved coins. I got Rift V1, and I pretty much like the Oculus dev community loads of free games ( RiftEnabled ) etc ... hope that community will start accept bitcoin as well ...
How is it? I can't wait to try the new Crystal Cove or another upgraded version. |
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This means that if anyone in China had decided to throw in the towel and cash out, they would likely have done it already. Common sense also tells you that if the deadline for closure is 31 January, there could be a bottleneck around that date so giving extra time to cash out would be wise.
So the fact is, there is going to be no rush of Chinese people selling Bitcoins on 31 January. It would be too late. If they were going to do it, they would have done so already.
I disagree, the cutoff for 3rd party payment systems to deal with bitcoin exchanges is on the 31st, but it doesn't mean people cannot cash out on the 31st even if processing the payment to their account takes a few more days after that. It is very reasonable to expect a dip anywhere from Jan 28th - Feb 2nd and that is what I expect. People in China cashing out, people outside of China panicking and cashing out as well, and then those manipulators waiting a few days after the 31st to cash out on people getting in who thought the chinese new years storm was over. Waiting for the bargain of a lifetime
Bears have been consistently confounded throughout the consolidation that began on 7 January. With every red candle the forum has been awash with claims of “low hundreds”, FUD of all kinds and outright screaming and swearing. Hosts of newbie accounts have sprung up, spouting negative views.
Those waiting for cheap coins have been on the attack, and when all else has failed the conspiracy theories have exploded into life. It seems like the preferred course of action for some is to claim massive market manipulation, rather than simply to admit that their repeated claims for a capitulation into the low hundreds have not been proven correct, and that they are wrong.
Those waiting for cheap coins simply cannot accept the simple, common sense logic that says “If market sentiment is more positive, the price will be supported at higher levels”. But if they can't accept common sense then they need only look at previous “bubbles”. As time has progressed and confidence in Bitcoin has grown, price levels after each bubble have been consistently higher in proportion to the lows, highs and follow up prices of earlier bubbles. This is perfectly normal and of course to be expected for as long as confidence keeps growing. And, needless to say, confidence has received the biggest boost in the history of Bitcoin over the past three months.
Why the price will move up through $1,000 in a few days' time
As 31 January approaches and those waiting on the sidelines with the money that has been building up, see that the China doomsday crash they so desperately hope for is not materialising, acceptance of Bitcoin's current supported price will be the only option left to them. And with that acceptance will come the realisation that the time to invest is now, before the continued rise of Bitcoin that everyone expects this year kicks back into action as the bullish steam that has been building up is released.
By this time next weekend the sideways movement that has drawn Bitcoin out for 19 days so far will have come to an end. The uptrend will have been resumed, indicated roughly by the yellow line added to this week's chart.
Agree that each bubble takes us to a higher level compared to previous lows, and it's only a matter of time for the next bubble. But I do not think this will happen as soon as we think. I'm expecting to see a sideways motion for all of February as well... just because the China FUD will be over after the 31st (for now, but I can guarantee you they will bring more problems) doesn't mean the price will shoot up again. There is no reason for there to be another bubble right now, there are a lot of big hopes and plans for 2014, but nothing in the near horizon. I can see Feb being just as dull, if not worse, as Jan. Yes we've gotten a lot of bullish news that will help bitcoin in the long run, but these giants like Tiger Direct and Overstock are dumping enormous amounts of coins back into the market which is not helping the price right now for the short term. This will be overcome eventually when more and more people buy and use bitcoin. But for the next month or two... I am still expecting a sideways movement, even if we break 1000 in Feb or March, I seriously doubt we will reach our ATH anytime in Feb or March unless something big happens. |
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I up voted you  |
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I don't understand this image.... is it supposed to be pro bitcoin or anti-peyton manning?
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http://www.theguardian.com/technology/gamesblog/2014/jan/23/oculus-rift-valve-virtual-reality-kickstarter (great article about the future of VR) https://www.youtube.com/watch?v=VQ7KFJLVJyQ (awesome reactions from the new Oculus prototype Crystal Cove) http://www.youtube.com/watch?v=3Gs8iy6AdD8&feature=youtu.be (lol) https://www.youtube.com/watch?v=z_JkrU2kxag (a sense of scale in VR) http://steamcommunity.com/sharedfiles/filedetails/?id=219516796&tscn=1390565518 (most ambitious game i've ever seen, basically an alternate life) Wow, I am so freaking excited. Valve is backing the Oculus Rift helping them with research and development and building platforms for developers to make content on VR. Oculus Rift is managed by great people who genuinely care about making the best experience possible for the masses because they are excited about the technology as well. They have already built a new prototype called Crystal Cove that's a huge enhancement form the previous dev kit that people were already amazed with. They are still continuing to improve the product and the experience and with the backing of Valve, we may see consumer versions in 2015. I cannot WAIT!! Now the question is, how can I invest in Valve or Oculus? I think this technology will be HUGE. This will not only be huge in the video game space, this will make massive changes in other applications in different industries too. Imagine having MOVIES in VR filmed with a 360 degree camera where you feel like you are actually there. Imagine using Google Maps in VR where you can feel like you are flying around the world and see every place in the world in person Imagine video chatting with a person except you can see from their point of view as if you ARE that person Imagine doing tours or viewing the insides of houses, buildings, cars, etc as if you are actually there by just sitting at home Imagine all the training you can reproduce through VR for all types of education content This is all just the tip of the iceberg. This technology replaces television with telepresence... a whole new change that's pretty exciting imo
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WELP.... NMC crashed HARD even more since I made this thread... it's around $4 now... time to kill myself  |
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Damn that made me real sad |
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2014 looks to be bitcoin's last year, based on the verified confirmed sources I'm seeing, especially the Chinese and Russian encrypted ones.
Verified confirmed sources? Prey tell. I wouldn't question his sources, this is highly classified stuff |
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1. Who is still doing it and what hashrate are you getting?
2. Any advice on what pool I should join or what mining software I should use, etc?
I just ordered my mining gear for $2000..... am I making a huge mistake?
please respond
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I'd attend an Atlanta meetup. I know Bitpay does a thing for newbies once a month, but would be good to get something else going too.
Was it the noob 101 meeting from yesterday? I was there for a bit too Yep, how was it? I've never been to those but have thought of going to one just to network. There was a lot of people there... probably over 70, most of them were adults in their 40's (i think). But yeah like adub said, it was for noobs so the presentation itself didn't interest me. It's great for noobs. Not much networking going on though. some of us gathered in the back to talk. I've been thinking about starting a professionals/investor meetup. Any interest?
I am definitely interested! please do, i'll help and bring people too |
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BREAKING NEWS: Justin Bieber paid for his bail using bitcoin and shortly after banged a brazillian escort which he also paid in bitcoins
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I would sacrifice everyone's life in this topic for 1 btc = $10k
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