Bitcoin Forum
May 28, 2024, 11:04:56 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 [113] 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 »
2241  Alternate cryptocurrencies / Altcoin Discussion / Re: discouraging institutional investors by being anonymous? on: June 27, 2014, 12:08:04 AM
If developer identity mattered then Mastercoin or another copywright coin like Maidsafe would be #1 crypto right now..

As well anonymity seems to be a requirement.  I keep hearing rumor that Ethereum may never launch due to Canadian laws on crowd funding and securities.
2242  Alternate cryptocurrencies / Altcoin Discussion / Re: Litecoin Is NOT Dead (It Is Just Dying A Slow Death) on: June 27, 2014, 12:04:41 AM


Do you have an exit strategy for Litecoin, in case it goes against your expectations? It has been in a downtrend for over 6 months now. At what point (time point or price point) would you sell your LTCs? Suppose, it keeps going down to $5, $3, $1? Would you sell then? Because you pose yourself as a serious investor/miner per your own words, you should have an exit strategy of some sort. Could you share it?


My "exit" strategy is to hold long. A very large majority of the LTC I have was acquired when they were worth pennies each, so like a few other long timers here even $2.00 it still represents a huge profit.

The way I look at it is, if I acquired or mined LTC when it was only bringing in $2.50 for a whole block back then and if LTC drops to $2.00 today it is still worth $100 a block, I'm still in the profit at $97.50 a block.

But considering it is worth about $450 per block at the moment, I'm still up an average of $447 per block and I can assure you I still has me a "few" blocks LOL

Strategy is very long, I'm not selling. It will comeback.


~BCX~

Cryptos within 10 years will probably be worth $1 trillion.  $2 trillion investment gold, $500 billion global remittance (cryptos do it better), $20 trillion retirement / savings accounts (cryptos do better), $97 trillion investments, $400 trillion derivatives (coins like NxT have asset exchanges and even their own derivatives now).  

Dot come bubble was $7 trillion in late 1990s.  

Reality is all coins would benefit if cryptos hit $1 trillion.  Maybe BTC (or other coin) might be worth $700 billion, but something like LTC could be $200 billion and then many alts worth $10 - $50 billion.  LTC could hit $5K - $10K per LTC in future.


Cryptos is still relatively new.  Look at the Government attention on Cryptos and yet it's only $10 billion industry...  Madoff's scam (which consisted of scamming bankers and rich New Yorkers) was over $60 billion.  Bitcoin is this small fly on the wall and yet look at governments who are currently revising their tax codes because THEY KNOW crypto currencies will be huge in the future. 

Bitcoin has less capitalization than Drop Box but you don't see Government harassing Drop Box.

2243  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM Official Moderated Thread - Open Alpha Has Launched[Updates & Discussion] on: June 26, 2014, 11:40:50 PM
The way NEM is listed on coinmarketcap is actually advantageous.  When the coin does actually launch, it'll increase 4 times in capitalization overnight -

 so it could hypothetically pop up on launch day between $20 to $40 million (#4 to #6 on coinmarketcap) and everyone would be thinking "what the heck, who are these guys and how did they enter the top 5 so quickly".  It may even trigger an aurora styled buying frenzy.



Or glut in supply drives price per share down Wink.

Except the market price is determined by who's willing to sell (supply) and who's willing to buy (demand), and anyone willing to sell their NEM can already.

I wouldn't speculate that all the dumpers have already done so. I'd say there are folks that haven't flipped their share for an AE token yet for two reasons:

1) Too lazy to fuss with NXT. Plenty of posts littered in here to that effect.
2) Belief that they'll get more on launch day than now, so they'll wait until launch day to dump. Why bother with a token now when you'd have to wait two weeks. If you sit tight, exchange on launch day, then dump you'd be ahead of the AE guys.

You're forgetting opportunity cost.
Dump NEM right now, pocket $2K, buy $hitclones and make $20K profit.  All before NEM launches sometime between July - September.

Naturally this would be contrasted by the long term strategy, that if you hold onto your NEM then hypothetically a NEM stake could be worth between $5 million to $100 million..

 I'm running by the thesis that crypto currencies will be worth $1 trillion in 10 years (vs $2 trillion investment gold, $500 billion global remittance, $97 trillion investments world wide, $400 trillion derivatives).

Dot.com bubble in late 1990s was $7 trillion and back then fewer people used the internet.
2244  Bitcoin / Bitcoin Discussion / Re: Why Bitcoin might soon make your 401k obsolete on: June 26, 2014, 11:05:41 PM
Problem with 401K is that it's not inflation proof.  Your Grandmother, presumably if she's old enough, likely remembers when she only paid $0.05 for a Coca Cola in a restaurant; whereas today, a Coca Cola costs up to $2 (if not $3 in a bar).  Coca Cola increased 40 to 60 times within generational memory.  The samething will happen to your 401K - it'll decrease in value by 20 to 60 times by the time you collect.


Pensions suffer the same issue too, I might add, unless you have an indexed pension like government workers.  The reality is most of us will probably die from starvation in our old age due to not having any money, unless we manage to keep a job somehow.  

That's the reality of inflation, folks.  Back in the age of prosperity, when currencies did not inflate to the moon, it wasn't uncommon for people to retire in their 50s.  It's a dystopian society if we are working people to death, especially when this is contrasted by all the Paris Hiltons and other capital owning parasites
2245  Alternate cryptocurrencies / Altcoin Discussion / Re: 100 BTC: What to buy on: June 26, 2014, 10:54:33 PM
retarded thread, everyone is promoting their own coin holding, you won't get far

Yes this is the truth.  The reality of cryptos that your best investments are likely going to be upcoming 2.0 coins.  The world doesn't need another 1.0 mining clone and yet a dozen new ones come out each day and the developer's sockpuppets promote them on these sort of threads. . .  naturally they must promote their coin because otherwise the professional miners (many of whom are millionaires with $5000+ in dedicated hardware) need suckers to buy their bitclone / $hitclone.
2246  Alternate cryptocurrencies / Altcoin Discussion / Re: 100 BTC: What to buy on: June 26, 2014, 10:42:21 PM
Let get this straight,
you have an extra 100 BTC and intend on dumping it onto generation 1.0 $hitclone mining coins?   Can this be written off on your 2014 taxes as charity?   Grin
2247  Bitcoin / Legal / Re: My buddy is getting a divorce. Can the court seize half of his bitcoins? on: June 26, 2014, 10:38:12 PM
I can't believe 9 pages of a fake divorce is still being bumped.

If it's the US - all divorces are public record, so before you continue to spam this thread at least verify it's a real divorce (99% chance it's not).  As well the courts have dealt with billions of divorce cases going back to a hundred years, they know how to find out if someone was sneaking out funds before or following the divorce papers

There's been one guy on Bitcointalk who did convert all his money into BTC and fled for Latin America, don't recall his username but that was definitely a real story. 
2248  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM Official Moderated Thread - Open Alpha Has Launched[Updates & Discussion] on: June 26, 2014, 10:31:12 PM
The way NEM is listed on coinmarketcap is actually advantageous.  When the coin does actually launch, it'll increase 4 times in capitalization overnight -

 so it could hypothetically pop up on launch day between $20 to $40 million (#4 to #6 on coinmarketcap) and everyone would be thinking "what the heck, who are these guys and how did they enter the top 5 so quickly".  It may even trigger an aurora styled buying frenzy.

2249  Bitcoin / Bitcoin Discussion / Mark Karpeles = Seth Rogen? on: June 26, 2014, 08:35:55 PM
Are they the same person?  Apparently the guy is in Japan, has $300 million from Mtgox and is doing some anti North Korean film.  I'm concerned for Karpeles / Rogen's safety
2250  Bitcoin / Bitcoin Discussion / Mark Karpeles and North Korea on: June 26, 2014, 06:39:15 PM
NK has kidnapped Japanese from Japan mainland in the past.

Since Karpeles has 300+ million.  Should we all swarm the North Korean news websites pleading them to not kidnap Karpeles?  

Maybe if we sent 20,000+ emails to the DRPK they'll get our message that we don't want him kidnapped...

I am concerned
2251  Alternate cryptocurrencies / Altcoin Discussion / Re: NXT VS NEM on: June 26, 2014, 04:41:26 PM
litecoin was a clone look where it is at now... you calling it shit too  Roll Eyes

Technically it was only pumped when people missed the BTC pump.

The thing is NxT capitalization and volume is very low.  When I was looking at NxT volume it was technically less than NEM.. then it shot way up (like 10x within hours) after I made a post on that subject.

  It looks like huge manipulation from a whale to make it look NxT has actual volume.  



2252  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [AИN] NODE aka NXTLite - Oficial Discussion Thread! Launching Soon! Stay Tuned! on: June 26, 2014, 12:19:39 AM
When's the deadline to collect our Node coins?  Do I have to make an account still?  I forget.
2253  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM Official Moderated Thread [Updates & Discussion][Civilized Discussion] on: June 25, 2014, 06:29:19 PM
Token price plummeting - probably from the unpopular logo change.  Bring back the box!!

No clue what the current logo is - looks like radiated shrimp, alternatively it could be semem.
strong agree!  on what drugs was the makoto when he made this thing?

BTW wheres the promised alpha?

~CfA~

C'mon, there is no reason to be that rude!

The alpha is coming...

its offensive to me.  

Russo-Japanese war of 1904 was a long time ago CFA.  Let it go it ain't worth it!  Life too short to be hating!
2254  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM Official Moderated Thread [Updates & Discussion][Civilized Discussion] on: June 25, 2014, 06:26:16 PM
There's like 2 hours left in the countdown?
2255  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM Official Moderated Thread [Updates & Discussion][Civilized Discussion] on: June 25, 2014, 06:21:44 PM
"NEM falls to $4 per NEM, is NEM dying?!"

It's gone down a few thousand NxT and NxT itself is losing value.  20% - 30% drop in one morning is pretty big, imho. 

2256  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM Official Moderated Thread [Updates & Discussion][Civilized Discussion] on: June 25, 2014, 06:15:01 PM
Token price plummeting - probably from the unpopular logo change.  Bring back the box!!

No clue what the current logo is - looks like radiated shrimp, alternatively it could be semem.

No need to be offensive towards the designer.

And price isn't plummeting! Lowest sell order is still above 31k!

I'm sorry but it doesn't seem to fit with expectations.  I think the "prison nazi tattoo" that a previous poster wrote wasn't any better..  the Klingon Star Empire was legitimately funny, though.
2257  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM Official Moderated Thread [Updates & Discussion][Civilized Discussion] on: June 25, 2014, 06:09:26 PM
Token price plummeting - probably from the unpopular logo change.  Bring back the box!!

No clue what the current logo is - looks like radiated shrimp, alternatively it could be semem.
2258  Economy / Economics / Re: What made Bitcoin rise last time? (December) And can we get it back up? on: June 25, 2014, 09:38:47 AM
Yeah it doesn't look good either way, all the rumours right now suggest China (which has since implemented laws to discourage Bitcoin buying) and MtGox bots were behind it all.

Still to have Bitcoin stable around $600 ain't bad compared to what it used to be.
2259  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM Official Moderated Thread [Updates & Discussion][Civilized Discussion] on: June 25, 2014, 09:15:08 AM

What does it mean when NxT has a current 24h volume of $65K but NEM apparently has a volume around $45K?

Does that mean NxT's real volume (independent from asset trading) is only $20K?  NxT's volume couldn't be that low. . .  Either there's some wonky math here or the damage from John / Joshua was worse than I thought.
2260  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM Official Moderated Thread [Updates & Discussion][Civilized Discussion] on: June 24, 2014, 09:12:27 PM
As a layman I see comparable coins with comparable market caps that have already been released that are not near the same value.

Hi! Apart from NXT, could you list these please?

I don't think he has made the distinction between 1.0 and 2.0 coins.  Until Ethereum or eMunie shows up, it's just NxT and NEM in a nutshell.

The other coins are mainly bitclones with a few minor improvements.
Pages: « 1 ... 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 [113] 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!