All you have to have is miner buy a miner and install it at your home and wait until you get the amount you want, but for sure your electric bill will hit high where but then OP wants steady income but without actively doing anything, and I guess mining is for him.
it is not as easy as you think mate, you have clearly never mined or ever checked out anything about mining before. when you invest then your income should be called profit and as long as what you earn is less than what you spend that is not profit and you are not earning any income! you have to consider your ROI, the difficulty increase the cost of electricity, the price fluctuations and so many other things before you think about getting into mining. |
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in 2020 we will have the halving and if it is anything like the last two times block reward was halved then price by that year is going to be at least $2000 and even more. and also if the mass adoption finally happens in this 4 years we may even see the $5000 price finally.
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this is the only downside of bitcoin, the fact that its anonymity is allowing criminals to get away with things like this and use bitcoin as their filthy methods to extort people out of their money. and the worst part of it is what the media is going to do with news like this when they get their hands on it, they will show bitcoin as a criminal money and it hurts bitcoin's reputation a lot.
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it is funny to see so many people have voted on less than 0.1 now i kinda hope the poll was more detailed so we could see how much lower it was.
i personally think i have made more than 1 bitcoin bet because i have been doing it for a long time now and it has surely accumulated to be above 1BTC at least.
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exchanges de-list coins that have low trade volumes, and low trade volumes means nobody wants those coins and they never trade them and there is nothing you can do apart from pumping it out of your pocket or accept that your project was a failure. from what i have read from that topic seems like multiple means 3 and also i couldn't figure out what the reason was apart from him not having 2FA and possibly having compromised API keys! any more information on this? |
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it's a firm pumper favorite. no reason why it shouldn't go back to $12. No reason why it shouldn't be $1.20 either. you're in their hands. i think there's enough vested interests to see some more action in the future. it's not as if it's gonna fade away.
but even with a big pump at this point it may be even impossible to reach $12 anymore. this is the story with all the pump and dump coins, you can only pump them so many times. and if you look at the highs they are always decreasing over time, each pump smaller than the last. |
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if he made no plans for such an occasion and if his keys will not be found (he must have wrote them down somewhere in order to do this), then you can consider the coins to be lost. simple as that.
I think keys can be recovered from his computer or laptop, what ever he used in his life. A bit skilled person will crack it in few hours, of course if family even know about bitcoins, in case that was secret family will not call hacker and bitcoins will stay hidden. I believe there is always a way, if someone knows about coins and make some effort coins can be recovered. well that is a wrong assumption. because someone with a million bitcoin surely has invested that much and the first thing such a big investment requires is security and i am sure when you invest that much the first thing you do is encrypting everything and even the most skilled people can not break encryptions if they are done correctly and it is not even hard to do it . |
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That question has always been intriguing me. Reading about possible control over Bitcoin by the government, I thought about the ways how they could actually do it. One idea that came to my mind was to print enough fiat to buy all bitcoins existing and get done with it for good. But then I recalled about the top Bitcoin holders including Satoshi himself keeping their coins, and it struck me that they might not be selling their stashes just because of this, for the fear that government could easily buy up all bitcoins that are traded and turn into the biggest whale itself.
How likely is that?
this is mostly another conspiracy theory in my opinion and the first important question is WHY? that these theories never think about. why would government want to do that? printing money and then spending lots of time to buy and invest lots of money ,.... none of these are easy ways. the easy way in case government wanted to go against bitcoin is simply announcing it illegal like countries such as (i think) Bangladesh! |
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It looks like more and more people are accepting bitcoin. I think in China they will be paid better if they paid in bitcoin and they migh t pay little or even no tax. No banking fees or large transfer fees and its quick and easy. Remember they a pool country so dealing with money in an easy way like bitcoin makes a lot of sense.
Yes that can be right, it is also a fact that the number of Chines are more than any other country of the world, and they are using bitcoin as a currency that is really more convenient for them to use it according to their needs, they are really making their lives more and simpler. So, obviously they are contributing into bitcoin price increases. I agree. If I were from China and if I am seeing my friend is getting job from a bitcoin mining farm for some maintenance work. And if I come to know that he is working there then surely I will check the background, potential and nature of their business. This is way, bitcoin might got spread out into Chinese people more. So they are obviously contributing to demand of crypto currencies if in your city you see someone has a successful business of any kind and he is earning good money from his business, will you start getting into that business also? the same is true about bitcoin. and a mining farm is not a crazy amount of profit as you may think compared to many other businesses out there. those mining farms have sweat their asses off to be where they are right now, they had to grease so many hands and kiss so many bottoms to get some of their contracts like their electricity  |
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he sounds like a crybaby who has failed in his business model, at least the part of business that was related to bitcoin and now he is blaming everyone who is remotely related to bitcoin for his failure.
and it surely is funny to see Circle like this, at this particular time when Coinbase is under magnifying glass by the IRS.
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i think trading is the best source income because i am trader of bitcoin and i never got a risk in bitcoin trading so i also recommend that bitcoin is very profitable currency for everyone and i think bitcoin is the safest investment.
Trading bitcoins is very risky too if you buy a dead coin, I accidentaly buyed a dead coin and i lost bitcoins for now i switch to poloniex trading website because it is so good to trade bitcoins in poloniex. That can be no risk for you if you are already an experienced trader but don't think that all people can easily trade because even how experienced and skilled you are, you will still get some losses. But I agree with the fact that trading is the best source of income but it needs to be learned first and once you are ready for it, you will say that this is one of the best source. even an experienced trader can not see the future so even they are taking risks. being experienced means you know how to manage these risks and become successful by making better decisions and do you trades at best times for example buying at the bottom and selling on the highest price as fast as possible and having plans and ability to get out in case of price dropping after your purchase. but in all this there is always risks involved. |
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its still possible to reach about .1 before christmas, but it will go down as the slow start ended
it doesn't look like it though! to go from 0.06 to 0.1 is a 66% price rise and we are talking about a rise from a high price. that kind of price rise is possible with smaller prices like 0.0001 BTC but with big prices like 0.06 the pump becomes that much harder because these coins have a very tight orderbook filled with sell walls which also grow with a rise. |
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seems like most people are depressed in this forums because of the altcoinmarket. i think reddcoin has potential with the new innovation
RDD is one of those coins that i know for a very long time and i see the developers releasing things like this with roadmaps, etc every now and then but this coin never succeeds at anything. and most certainly it can not go up in price because it is currently at 3-4 satoshi and there is 28 billion coins available and that massive number is enough for killing any coin out there. |
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I am new to trading. I don't have an experience and reputation about trading and that's why I'm here for asking a help to an experienced person.
Can you give me an idea on how to trade and where to trade?
where? on an exchange service. you can find many of them online, choose one that is offering service to your country and is legit. how? it is a long thing to explain and it is not possible to fit in one comment. i don't even know where to start. you technically buy low and sell high. for learning how to trade there are lots of good resources online if you search for them and they can explain trading a lot better than any of us can on the forum. |
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Honestly, I'm very surprised we are seeing a rise in price right now.
Usually everyone in the West is spending their money on christmas presents, travel plans like vacations or going home for the holidays.
So price is more than likely being driven by Asia- India, China, etc.
If we get some good news on Segwit, the confirmation backlog being eliminated, or some new service starts accepting BTC payments,
hitting the $800 to $900 range by the mid of next year seems easily achievable.
I'm not surprised, because even if some Bitcoiners do Christmas shopping, the effect is minuscule compared to the overall market activity. Maybe, Bitcoiners are even buying Bitcoin as a Christmas present for their loved ones.  The overall demand for Bitcoin compensates all spending activity there is. There are - by an order of magnitude - more people outside Bitcoin, wanting in than people already invested. I think the recent actions in India will increase demand for Bitcoin in the medium term. Even if only 1% of the Indian people discover Bitcoin as a solution to their cash problem, Bitcoin fiat valuation will soar. If i had to guess, I would say we see the start of another epic bubble by end of the first quarter 2017. ya.ya.yo! i doubt that because during times like this people need cash to purchase stuff for their new year and they mostly cash out and countries like US which have the Christmas have one of the biggest number of investors in bitcoin and many of them may want some money and cash out. although this may not even lead to any visible price change only because there is a big buy support which is increasing these days not because of lack of sell pressure. |
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By looking at current condition, I dont think $1k will happen by Christmas. Since it's going down again now. I was hoping too but, less likely now.
Their wont be always steady rise in the price it will always go up and down so i think the maximum price that we can see is nearly $825+ as the market is going stable this price is achievable. it all depends on the following week, and how things work out for bitcoin. if a price rise starts we can see $800 be broken but otherwise i don't think this can happen the closer we get to the new year and as people need cash for their new year expenses. Will we start new year in $800+ or remain in $700+ |
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..
1. That's illegal : ...
2. It will crash : ...
3. Anyone clear in its head wouldn't use it : ...
4. Bitcoin at a bigger scale would fail : ...
these are all things that we keep hearing from the FUDsters on the forum so maybe their teacher was one of them that your friend happened to meet face to face. we all know bitcoin is not yet the perfect thing but none of the problems mean bitcoin will crash or not survive in the future. and besides bitcoin is not illegal, it may not be regulated in most countries but apart from 1 or 2 places it is not illegal in any other place. |
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apparently they have made some changes around their service (i am not using circle and just reporting what i have heard in the news) they no longer support buying and selling of bitcoin and they refer you to coinbase!! read it more on circle itself (the article is from today): https://support.circle.com/hc/en-us/articles/217972003 |
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$1000 will also happen some day but the important thing that i wish happens is that it happens for real not as a pump with fake orders and fake volume. and good news is that so far bitcoin has seemingly had real adoption growth which lead to the current price and it continues still to increase the price.
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Both for definite, the thing is, both have their plus and minus points, in this day and age Bitcoin and cryptocurrencies are far more practical but if the world does end you'll still want to have gold and silver on hand just in case, it's also a lot easier to store crypto's for the long run.
I think gold is such as long term investment type becouse it is need a few years to see the significant profit. But bitcoin price is move really quickly so we get bigger chance to get significant profit in a short time. I do not have big capital now, so I choose bitcoin. gold is also the same as many other markets and it goes up and down like other markets. in other words you can get in when there is a dip and then buy at a much lower price and sell when there are some certain situations going on the world that can lead to a Gold price rise and then sell for a good profit and it won't take years but maybe a month or even less in some cases. |
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