Latest posts of: yesyes18

The thing is that there are two sides unto a new coin. Various investors got in for reasons and one prominent reason was to make more money (moreover, that what all investors do- stocks, collectibles, future markets etc. And there is the other side that contain the tech savvys. But basically, whatever anybody is doing, they're in for the money.

Personally, i love to hear such news about bitcoin but I also wish people like him stay low a while till they get into power and then unleash their plans for crypto. My reason being that, cryptos have got as many haters as there are lovers so him doing that can make him lose some points. Staying neutral on issues like this should've been the best thing he should say.

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Quote from: BitMaxz on September 13, 2019, 12:00:36 AM

Quote from: yesyes18 on September 12, 2019, 10:00:20 PM

Looking at the statistics of Bitcoin mining, it can be concluded that people normally make their mining farms in China This could be due to a number if reasons of which cheapest electricity may be a part of. So i think you can check out on China to see how how much money you can make when you work in China

China is not the cheapest Electricity rate it might be cheaper than here in my country but not the cheapest rate.

You can check this list of Electricity rate from here "Electricity rate WorldWide Chart"
According to the chart, the cheapest one is in Burma country which is 0.02 cents. China is around 0.08 cents so it still high not good for altcoin mining.

That's true but let's not forget the focus if discussion pertaining to cheap electricity. Is it safe to mine in the Burma country you mentioned? As in tbe weather/climate and accessibility to servicing of rigs as well as purchasing of necessary accessory equipments and then correlated against electricity price. That would be a good analysis to do first.

I also believe likewise. The mass adoption is gradually happening just that we haven't come to the full realization of it. What we are seeing niw is to help clear the space of the many FUDs and distrust the mainstream had about crypto. Once that is gotten over, they'd troop in kije never before whenever a new hype comes again.

Idwally, Central Bank-issued digital currencies aren't a threat to decentralized digital currencies. The thing is that until they ban digital currencies, whatever the Central Banks will instill will behave in the same manner as the Fiat and hence wouldn't be a competition to the general crypto market. Bans are however issues of concern.

hehee....this is crypto we're in buddy. You can't trust any of the companies with 100% assurance. You always have to give everything a shot but with carefulness. We all witnessed great crypto and blockchain companies closing down somewhere last year. Bitfinex has history of bad things happening but they're aren't alone. Binance also got hacked once and got info leaked. It all depends on how project managers deal with the aftermath other than exit scamming. So I think for now, Bitfinex is somehow not bad even tho ut can't be perfect.

Yeah yeah, everyone will eventually get into the game and I think it's already happening. People have been using Bitcoin at a very good rate of late so I think the adoption is currently on its way happening. I believe since the number of Bitcoin users keep on growing each year, we'll get to the mass adoption stage one day.

It's interesting though. The market has experienced various rise anf falls ever since 2017 and the massacre cleared many coins outta the space. Interestingly, it hasn't stopped anyways. I don't think the massacre is over, however I don't believe the top alts are gonna get out of the game. They'll hang around for a while.

lol...being an economist i guess you should also acknowledge the fcat that human psychology always keep on playing tricks on us. Let's not lambaste panic sellers. Probably it's not their fault and funny enough you'll be suprised that these same fears drove them into the space. So as you're doing let then know the fundamental and we'll all be good to go.

I can't really say when it's really gonna happen but i believe it'll take some time for it to happen. now that Bitcoin is trying to gain its ground in the 10,000s I believe another run and correction will eventually kead to us going into the 100,000s So let's wait a while and see what the future holds.

Quote from: timmmers on September 05, 2019, 08:57:23 PM

And as you can guess, noone wants to buy ICO coins just after the ICO sale because those who wanted buy, they already bought.

Your point of view? Cool

lol, that's not true buddy. that's a huge fallacy. If only a coin has value, then people will buy buddy. If what you're saying is true then exchanges wouldn't be of any importance because trading will be useless then, but that isn't the case. The case is that project developers are supposed to create value for their projects to attract more investors even after ICO/IEO or whatever.