I recalled when it dropped below $200, i had thought getting lot of bitcoin was good idea. My thoughts were its very hard for it to go below that. And even if it did, i couldn't see bitcoin falling to below $100. Even if it did, i felt it would go all and it wouldn't take a long time if bought at around $200. Now bitcoin has risen up.
How much money buying bitcoin would you say is still a good buy? Is $430 as its right now still a good buy? Obviously it could swing down to 200 and thats a pretty big drop. The thing is i felt like when it went to 200 a while back, that was a time you should have bought a lot of bitcoin.
Thoughts on this?
So did you buy any bitcoin when the price was under $300? I suspect not or you would not be posting now. Your best bet to get a good entry price now is to wait for a day when some bad news comes out and there is heavy selling volume. That is when you could buy at the better price. Of course the bad news plays games with your head, causing doubts and could convince you not to buy. Then you miss an opportunity. |
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So likely they have extremely cheap electricity which would make sense. And once they get a better batch of chips I suspect likely it's a easy switch to put new chips in.
It may of course not be their electricity cost, but the Hash Investment carries a charge of 0.5 CNY/KWh which is about 8 Cents. So far from Cheap? Rich Same thing with Hashnest. They profit by obtaining cheap power then charging customers over 8 cents per kWh. |
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Why is it taking so long for the second production run? Are you guys that got the first run happy with the product?
Mine works fine. Case just sent me an email that they have received a new batch and you can order from the website again. |
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Hey there,
I was wondering if there is a practical wallet for ETH, that does not required me to use the command line terminal...
I believe such an application would help a lot to ramp up the use of ETH. I know the full purpose is for programmers, but many people would buy it just to store value...
Sure, see my article on how to use the official wallet here. |
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Some users on reddit reported problems upgrading firmware fixed by removing the bridge and using Chrome extension only. |
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The dump already happened on 2/18. The price is down but not on heavy volume, may be a dead cat bounce, or normal volatility. I think it is important to hold .012 level.  |
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Go back and search this forum to see how many times bitcoin has been called a pump and dump scam. Only time will tell if Ethereum has legs. A good sign would be if ETH/BTC price takes out the 2/12 high.
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Right now ETH outperforms XMR (which outperforms BTC, which outperforms USD) by 720% !
You had be excited there for a moment until I had my coffee and checked Ether chart, the 2/12 top still holds. Still showing great profits on paper. |
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Something interesting I did not think about. I think hardware wallets do have some misunderstanding about how secure they are, and part of it is due to users giving advice/information who never have used one: https://bitcointalk.org/index.php?topic=1301147.msg13340792#msg13340792I don't think everyone understands how for example with the TREZOR keeping the key on the device and signing on it only is very secure. And you still have seed's stored on paper in some place secure. Paper when you go to use it your petty exposed as far as if you bring wallet.dat file in or if you import private key. I have never understood the popularity of paper wallets. If done right (and almost no one does) they can be fine. If you make a mistake you risk losing all your bitcoin on the paper wallet. Trezor wins hands down, no contest. |
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Is there? I don't want some alpha version, which crashes and loses my coins, but I don't want to store my Ether on some exchanges online vallet either.
So is there some realiable desktop wallet?
See https://github.com/ethereum/mist/releases/ I am using 0.3.9 with no problems. |
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Look at the top 15 in market cap at CoinMarketCap.com then do your own research. Read the developer threads and decide what altcoins serve unique purposes and are likely to grow. I like the promise Ether holds and Monero is the most private coin and I think is undervalued. You don't have to invest in altcoins at all, holding bitcoin is fine, so make sure you have done your research before you invest in a coin that is riskier than bitcoin. |
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The sync is very long time on offline wallet. Does is it normal?  Yes it is normal, sync first time took me about 20 hours. |
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I think you rushed set up and did something out of order, you have to let the wallet sync before you set up an account and protect it with a password. You may have to delete the install and start over. The steps at my blog article are pretty clear. Sync takes hours. May as well let sync finish and see if you are still locked out. |
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Thanks for the link. That is actually a well written article and is positive for bitcoin.
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i have heard block chain is the most secured online wallet. I just wonder how private keys can be compromised ?
If you have strong password, its safe i guess ?
Blockchain has been compromised before. You are always safer keeping your private keys in your possession, preferably using a hardware wallet. |
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Hello everybody. I dont know for you, but i will never again use Xapo wallet or Coinbase wallet etc... Maybe im not first who say that about some this wallet but some ifnromation about this wallet you can check here. https://bitcoin.org/en/choose-your-walletXapo and coinbase can freeze your bitcoin, spend etc.. without your permission. I research and i think that BitGo is the best wallet for your bitcoin. You have a lot of secure option for your account and for your wallet into your account and i love that very much. Also BitGo cant freeze your money.Only you have control. That is now from me  You really should take a look at hardware wallets at the same link https://bitcoin.org/en/choose-your-wallet |
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If this is true, this is a good new. The issue of the total volume of ETH traded against Bitcoin could lower ETH value if BTC goes up in the short term. Nonetheless, I think this issue will quickly be solved when more and more exchange will accept Fiat in counterparty of ETH (as already do Kraken).
The price of Bitcoin rose 5% today, the Ethereum price dropped against Bitcoin for about 15%. The volume also reduced. I will continue to hold my Ethereum, I personnaly think the value can increase because this issue can easely be solved. I am also happy that bitcoin is going up  I will keep on buying to achieve 1500 Ethereum coins so that I can earn interest from staking. But I think 1500 is too high value. Right now to reach 1500 eth seems hard, at least for me. From where did you get that information? Ether is still PoW, has not changed to PoS yet. From reddit: In about a year, when the next version of Ethereum is released, the network will switch from a Proof of Work system to a Proof of Stake system, called CASPER.
In CASPER, there will no longer be any miners. Rather, any entity (an individual or a group (such as a pool)) willing to put up at least 1500 ETH may become a validator. Validators are randomly selected to produce new blocks, and the other validators bet using their deposits on whether that block will be the final block. For this, validators receive both transaction fees and, possibly, a small subsidy of new ETH.
In the current, PoW, system, you can believe a block won't be reverted if more miners do calculations on that block's chain than any other. In the future CASPER system, you can believe a block won't be reverted if enough of the validators would lose their deposits if they turned out to bet wrongly. |
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