I am thinking of buying some DAO with my hard earned Ethereum. The DAO price might rise in the listing.
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The price of the Ethereum is still around 0.02. It is higher than a few weeks ago. So the bubble is not popped yet.
it's not really a speculation play anymore. The slock.it/DAO ICO is priced in ETH. I didn't give two shits about the price when I jammed 2 btc into it yesterday for that ICO. Many others wont either. The game has changed The 24 hour volume is about 2.6 million Ethereum, that is much larger than the ICO amount of the DAO.
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sometimes you can earn a good profit if you find a brand new altcoin which is not yet released and be the first person to mine it, so get the most reward while difficulty is still low.
Yes this is a good Idea especially if you are just starting out with bitcoin. At the moment Sts is really good for this, you can buy it on Yobit and is only 2-5 satoshi at the moment. And you can find more info about this coin in the topic in this forum! But at the moment there are already some new good altcoins on the market. That I also personally own: - Ethereum
- Mint
- Lisk(still in Ico)
- Syscoin
- Warp
- Maidsafecoin
- Gulden(because I am from Holland)
For me it's ETH and Lisk (but still in ICO). SYS has been going strong same as Maid so I can't really buy due to them being at a recent price bump. What do you guys say about CBX? they seem to be making some noise lately. Yeh they are at a recent price bump but ethereum is in a long price bump to, what makes you think that can happen to Sys or maid? Because they have been going good but with the good things they bring to the table I think they are still cheap. Like Sys A decentralized marketplace could bring a lot of sellers to it that want to sell all kind of stuff maybe even illegal. But i haven't checked or heard about CBX I will check it out The Ethereum is in the correciton phase, so the price might go lower in the future. But it could rise again.
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It obviously depends on which market. To be a whale in the ETH market you need 600-800BTC.
In other markets you are a whale with 100-200BTC. (Some below, a few higher).
The daily volume of Ethereum is about 20,000 bitcoin. 800 bitcoin is just 4% of daily volume. Can you manipulate the market with so few coins?
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In bitcoin space, someone with about 5000 BTC (based on me seeing a wall of that size during the last pump). On the alt side, about 20BTC, though some of the people playing with ETh are former BTC whales who have goten bored with bitcoin.
For Ethereum, you need at least 100 bitcoin to be a whale.
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For the foreseeable future, I think the Etherum could be a good coin. It is in active development, and the price is rising.
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For short term profit, you can try Dash mining. Some folks get a lot of crypto coins in Dash mining. I heard the rumour that X11 ASIC has been on sale now. So the days for GPU miners will end very soon.
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Monero is a good anomymous coin. If you want privacy, that is a good choice.
Ethereum is a coin as well as a trading/programming platform. Many things can happen to it.
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Why bitcoin? I think it is the Ethereum heralds the "smart contract" era. That coin is designed to build smart contract.
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Will the development of blockchain technology by those companies increase the value of bitcoin. Will a new coin be developed by a consortium of those companies?
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I wonder how do they get the fund to develop the coin? If it just fixes the weak point of bitcoin, they can do it to bitcoin directly.
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If you live in the USA its legal, However, some people buy Bitcoins to launder illegally made cash.
I have noticed this and I have made sure to avoid this anytime I am thinking it is something fishy. The people who use BTC for this, in my opinion, actually are ruining the BTC credibility. When the government auctions off so much of BTC, it shows the general public this is not a currency and leads others to believe that BTC is the choice of illegal activity. How on earth would you know if something is fishy? When you sell Bitcoins to some guy in person there is no way of knowing where he got the money from. He could just bullshit if you ask. When you sell the bitcoin, you need to tell the buyer that the bitcoin should not be used for any illegal purpose.
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So the BTC China's mining is very profitable. It does not need much money from mining to pay the costs.
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If the block chain size to be increased in January 2016, the price could shoot up to $800. Otherwise $400 is the highest for December.
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