If the auctioned coins were dumped, we should be at lower levels than $245 now. According to CoinDesk, 3 parties won. I think the party who won 3000btc is the lowest of the winning bids and they are the only on ones most likely to be dumping. I think auction winners can make more profit by selling coins privately in bulk than dumping on exchanges. The winnings were divided among the unnamed individuals, with the leading bidder claiming 27,000 BTC ($7.9m at press time). The remainder of the bitcoin was split among two individuals who took winnings of 20,000 BTC ($5.9m) and 3,000 BTC ($885,801), respectively. http://www.coindesk.com/three-unnamed-bidders-win-latest-us-marshals-bitcoin-auction/From about $300 to $237 in a matter of a few days is a pretty big drop. They would make a substantial profit if they sold it privately, but with the current prices, who would buy from private sellers? I'm sure their rate would be noticeably higher. that 300 was a simply mini pump, not a correction in price or anything else, and i'm not surprised that the price returned to 230, which is the real floor, and i don't think they sold a large portion of those coins inside the market, otherwise the crash would have been bigger 300-230 was pure manipulation hard to think 230 is the floor. no good news incoming, and it seems like the potential for bad news, ie exchanges losing/stealing money & going under, scam sites stealing money, governments cracking down on btc use is creating a lot of downward pressure. if it is not the floor, is a good wall indeed, because we are there since 3 months already, this make me think that the 230 value should hold strong enough |
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I want to get my btc to play around. I tried btc-flow.com but it closed, then I heard I can get from btc-wolf.com but it does not work also  What is the most profitable legit faucet I can get btcs quickly  try to follow the campaign's signature, if your account is still a newbie, you can buy an account Full members and within a week or two weeks you can get your bitcoin back  Why not buy then a hero member account, after all you want the big bucks from signature campain isnt it? atleast i would do that.... better to buy a senior account, hero tend to cost double of a senior and they rise your income by a little with the current payments of many campaign if not all... How much does it costs to buy Full, Senior, Hero ? Sincere thanks! should be around 0.3-0.35 max, try to take a look in the service section, under marketplace |
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If the auctioned coins were dumped, we should be at lower levels than $245 now. According to CoinDesk, 3 parties won. I think the party who won 3000btc is the lowest of the winning bids and they are the only on ones most likely to be dumping. I think auction winners can make more profit by selling coins privately in bulk than dumping on exchanges. The winnings were divided among the unnamed individuals, with the leading bidder claiming 27,000 BTC ($7.9m at press time). The remainder of the bitcoin was split among two individuals who took winnings of 20,000 BTC ($5.9m) and 3,000 BTC ($885,801), respectively. http://www.coindesk.com/three-unnamed-bidders-win-latest-us-marshals-bitcoin-auction/From about $300 to $237 in a matter of a few days is a pretty big drop. They would make a substantial profit if they sold it privately, but with the current prices, who would buy from private sellers? I'm sure their rate would be noticeably higher. that 300 was a simply mini pump, not a correction in price or anything else, and i'm not surprised that the price returned to 230, which is the real floor, and i don't think they sold a large portion of those coins inside the market, otherwise the crash would have been bigger 300-230 was pure manipulation |
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full release it's expected to be released at the end of this year, they are still in development, they are not a vaporware
give it time
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it's all depend on your electricity, with free electricity you can earn about 0.36 with the best miner on the market(antimer s5)
and this with free electricity...
i would suggest to join a campaign instead, you can actually do 1 btc month with it
would like to know more about that, and if i am eligible you mean signature campaign? you need first to rise your activity to senior member at least if you want to earn a serious income, otherwise there are also signature campaigns for newbies/jr member/ecc..., but you can't make 1 btc a month with those |
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Oh I assumed this was a cloud ponzi with no real hardware, sure they have renders but any real proof? they seems to be the usual "pre-order company", that wait money from investors(many it seems) otherwise they can't proceed with the production, sound like bfl all over again... "We only received 2 pre-orders, both were refunded because it was no where near what was required for development, hence the accredited investor search" |
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it's all depend on your electricity, with free electricity you can earn about 0.36 with the best miner on the market(antimer s5)
and this with free electricity...
i would suggest to join a campaign instead, you can actually do 1 btc month with it
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Yeah, before fixating on huge prices in the future, the first question should be along the lines of "when will Bitcoin stop falling?"
it's not falling anymore, we are at 230 rock solid, we didn't fall back to 180, it just that we retuned to a previous value, i dom't want to call this a fall we are at 230 for two months now I will not bet on it. Its at a balance point, but I feel the probability of an upside is less than a fall. Very difficult to say at this point but do not take this staying above 230 for now as a bullish sign. well what you say it could be true, but i'm confident that we are aiming high now or we are just stuck there at 230, i'm fairly sure that it won't fall back under 200 anymorei'm starting to think that we need the block halving to have some breath We'll see. But it doesn't matter what you think will happen because there's a huge chance you can be wrong, no one can predict the market. The more important thing is knowing what to do when the price reaches a certain level. Who cares what you think. Just plan ahead. it's not just "what i'm think" it's about following what it is happened and happening, 230 is holding strong since months already, based on that i have written that claim better than who just say "hey guy i predict it fall to zero tomorrow, goodbye", that's plain stupid |
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fiat isn't better either, so why i shouldn't choose bitcoin right now, if fiat is worse?
-bank are not trustable at all, they can lose your money and come up with different excuse everytime
-same risk to lose your debit card as your phone here, so on par
-i could agree on this, but still faster then sepa, not faster then paying with credit card but whatever..., unless we don't count any confirmations
-that's because we are still in beta, i'm sure more tech will come up to improve scalability
-fiat is even worse here on anon, at leats bitcoin ca be semi-anon, if you like how to use it
bitcoin isn't completed yet, people always tend to forget this particular...
I do trust my bank, probably shouldn't.... but in USA, if you are not a criminal your money feels safe to me I don't really care if i lose my debit card, it has a simple pin to protect me long enough to stop withdrawals, i have never lost money on a debit card, i do worry about using my credit card Well I agree we are in beta, which is really the point of my post, early early beta fiat is totally anonymous in person to person transactions, and I can spend 5k or less person to person and not care one whit, especially if whatever i am buying has not official provenance like a title, or registration how is fiat totally anon face to face? even if you use cash(unless you found those cash on the street lol) you need to withdrawal them first from atm, and any withdrawal like that is monitored If you withdraw $100 and bought a bundle of dope. Nobody knows what you spent it on IRS that's because you spent a low amount, and they don't care about those amount, but they actually know about it Its still anonymous well no, it's just that they don't take action, but they know about it, so it's not anonymous at all 100% anon basically don't exist yet, i'm talking about money transactions 2. Not portable. Setting up my phone wallet is scary as hell and most certainly not close to mainstream yet.
Not that much complicated. For us it isn't necessarily complicated, to OP it is though. And I certainly wouldn't feel comfortable if my mom suddenly declared she had started buying up bitcoins <snip> -nobody said you have to keep a lot of money in your phone wallet, just transfer some cash there every time you run out, just like you put cash in your real wallet when you go shopping. -it's really easy if you pay by scanning qr codes, it's basically a 3s transaction (open the wallet, scan the code, confirm), if your mom can use a smartphone she'll have no problems with it. -I'll repeat it again, installing a wallet is as easy as any other phone application. If you can't, don't buy a smartphone, you're wasting money. i think it's better to not store any bitcoin in your smartphone, but use teamviewer/any other good remote-desktop software, and control your pc with the bitcoin client(this pc isn't the same pc that you use to surf or download stuff, you need another one dedicated to bitcoin only), spend them from there everytime for a possible keylogger on your phone, use something that hide your key-stroke |
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better not, i find more secure my smartphone with windows installed than a cloud service
best solution is to keep a small amount on your desktop(this will tell you if your machine is safe, better than any antivirus) and store the rest on a classic usb/paper/general cold storage
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seems a silly question, you are asking to double your money
besides some ponzi(which are just scammers in the end), there is no guaranteed way to do it
i would say invest your time instead and find a job that pay in bitcoin
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ok when i check the same topic there is a red bar which advices people not to trade with me
but most people don't see it?
i can't see it either, all i see is 0/+1(1) and this in your profile which isn't even in red letter "Attempted to run a Ponzi scheme: "You can earn 0.01 BTC by depositing the latest deposited amount + 0.01 BTC, after the next person deposit's I'll send you your deposit + 0.01 BTC back etc." but apparently didn't realise what he was doing." |
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Thanks for the reassurances, I just couldn't understand what all the hype was about, or what it could fundamentally offer me, that Bitcoin hasn't already accomplished in some way.
it offer something like freenet, which a total different thing then bitcoin, i can't see how they can compete to each other, bitcoin should help etherum as a known currency to be used in their decentralized system but etherum in the end it's nothing new really, it's like freenet(like i said above) + bitcoin |
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good idea, i post mine too, one never know
1ARz5VBamv9oCoS2qTDgJXDE46JzWkBaYm
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i've already said in another thread that the interest is everything , no matter what you do (destroying bitcoin thus decreasing number of coins in circulation, won't rise the price if there is no interest ecc...)
without it no new money influx is possible as newbie are not buying any btc, and having only the whale playing with the market(aka manipulation) is even worse
this lack of interest is caused by the "$1200-$230" scenario, we need a pump now to retrieve faith in bitcoin
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if we compare it to s5, it doesn't seems good at all we have 2.6 tera vs 1155 gh/s, and 1500w vs 590 so 2.25 ratio vs 2.5 ratio, there is a loss of 0.25 ratio in hashing, which is about 288 gh/s lost... |
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bitcoin of course
the main reason it's because of its decentralization, i want to have always full control about my money
also i don't trust bank at all, they with your money all the time
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-no it's the decentralized, a reward oif 25 bitcoin(a block) is generated when the previous one is found, starting from the genesis block, generated in 2009 by satoshi
-proof of stake(pos) mean that it will generate interest(minted coins) if you have a balance above zero, proof of work is basically the act of mining
-bitcoin is secured by the miners, by big farms, for example to do an attack of 51% you need 51% of the network power, but this is so big that normal people cant simply run a copy of the client and start producing cloned btc
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