Savings in banks Deposits in banks Property investments, such as buying property (land and buildings) are then leased or resold after some time later. Gold investment, such as buying gold and then stored for the long term. May be useful in the long run. and produce a decent and satisfactory. or farming to buy sawan and gardening and planting fruits and vegetables is a very good investment. Although a little vulnerable to failure but it could not hurt to try.
I’m not positive what you mean by this, but I think you’re talking about comparing other investments— such as savings accounts, property, gold, etc.—to bitcoin, correct? I think bitcoin is not nearly as risky an investment as it was a few years ago. Cryptocurrencies have established themselves well enough now that I don’t think they’re all going to go poof, as many initially feared they would. But that doesn’t mean there aren’t substantial risks. These are the current ones I see for bitcoin: * Governments make it illegal to own/trade it. This risk is smaller than it used to be, but it’s still somewhat substantial. If one of the major players, like China, banned it, price could tumble quite a bit. * Other currencies take its place. There are a lot of other coins that have advantages over bitcoin, including possibly bitcoin cash. * People stop buying it over the short/medium term. We’ve had quite the run-up this year, which means that a lot of people are expecting it to go higher. A significant crash (e.g., 50%+) could shake confidence enough that it takes a long time for price to come back to where it is now. My advice is to start with small investments on the price dips and average in over time. It feels great to think about it hitting $25k+, but balance that with how you would feel if it drops to $1000. |
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Hi! I've been inactive for some time, but I wanted to get involved in discussions on bitcointalk again, and I'd like to promote a coin in the process. May I please join? Username: CoinsCoinsEverywhere Rank: Senior Member Starting post count: 401 Profile link: https://bitcointalk.org/index.php?action=profile;u=306500BTC address: 1DgpQU995ngQQvwhNnDmLfkfxAUaLZZaFd Thanks! |
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Still watching and waiting...
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It's been a long time since I've looked at this...very cool to see that SPN is still alive.  |
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It's nice to see that people still pay attention to the SPN thread. Is there any chance the dev is still around?
Looks like another dead coin. Community takeover time? yes you are right How will the community takeover and revive this coin? Got a great exchange and we the people are still here! Any ideas? I wish I knew how. I'm quite impressed (and glad to see) that there's still a following. |
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It's nice to see that people still pay attention to the SPN thread. Is there any chance the dev is still around?
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Can you tell the difference between marketcycles and a failure? You obviously can't.
You had millions invested - they will not be invested again after this.
I'm not sure what's going to happen (disclosure: I'm biased to the bullish side simply because I have some BTC and hope it goes back up). But I disagree both with your second statement and with its relevance. Just because people got burned doesn't mean they won't be back, even if they swear they won't. If things start looking positive again, at least some will be back. That's the nature of greed. You also have new "generations" of investors who maybe didn't know much about bitcoin before and are now getting into it. Additionally, you don't need millions of investors. All you need is investors with millions. With bitcoins worth hundreds of dollars, the whales move the markets, not the little guys. |
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Especially during crashes and bubbles, it's important to try to keep both sides of the trade in perspective, as well as all the factors that could be in play or may be in the future. Right now, nobody really knows what the state of bitcoin will be ten years from now, or what the price will be. If they did, the price would already be there.
Bull case: a lot of money has been invested in bitcoin businesses in the last couple years, so it has some decent support. There are still a lot of people who believe that bitcoin will succeed, and will likely buy in if the price drops low enough. It's also important to consider that all it takes is one large investor (individual/group/institution) who has several million dollars to spend and the price could sky-rocket. I would also think that some of the richer investors and businesspeople would start to defend their stake in the bitcoin economy by trying to manipulate the price higher.
Bear case: Bitcoin is still fairly new and has issues that need to be worked out. A lot of financial institutions and money processors have been working on fast, efficient ways of sending money from one person to another. These could compete with bitcoin and keep bitcoin less attractive. You also have the unfriendliness of some governments toward bitcoin. All it would take is the US government coming out with crushing regulations or an outright ban, and bitcoin could die very quickly. It's also possible that if the price doesn't recover enough soon enough, many miners may stop mining, and block times could skyrocket, making mining that much less attractive. Bitcoin could die simply due to such a technical issue (although that could possibly be fixed if enough of the community agrees to an updated algorithm/block time).
So there are lots of good points on both sides. The first and best thing you can do is to recognize and accept that you cannot predict with certainty which way bitcoin will go.
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There are still too many bulls to call this despair. IMO, despair has arrived when the (vast?) majority of miners quit and block times skyrocket. It's possible that there are enough people waiting to buy that that won't happen. I would guess that buyers will show up en masse sub-$100, if we get there.
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Just a warning for anyone who has SPN (or any other coins) on the Cryptex site: they're closing down the exchange. It looks like you have about a day and a half from the time of this post to withdraw your coins. https://cryptex.biz |
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I'm still around! Sorry been quiet.
I've been working away. Back for Christmas now.
Last i heard SpartanCoin had some Personal stuff going on which would explain the current distance. I'll see if i can get him on Skype later on. As far as i know everything was still going ahead.
Cheers guys and girls
Darktrix
W00t!  |
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DarkTrix was last active on the 15th October and Spartancoin was last active on November the 7th  website is down........ its not looking to good Yeah, I know. I'm still hoping, but I'm skeptical. It's too bad--it sounded like he really had some good ideas. |
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Is there a link to a working wallet? My wallet is from April and wont even open = run time error  ^^^^^^ The latter makes the former a problem. The source files are still on Github, but it looks like spartancoin.org is needed for the pre-compiled wallets. If you're running Linux, I can send you the binary. SpartanCoin or DarkTrix, I think we really could use another update. |
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holding about 120mio SPN...should we improvise something?
What do you mean? |
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What happened to the SpartanCoin image on the first page of this thread? It says "bitcointalk.org image proxy: Invalid image."
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My wallet hasn't been syncing for last 30hrs. Also could someone post a screen shot or text how cg miner script should look like for solo mining.
Yes, except it wasn't so much that the wallet wasn't synching as there were no new blocks found. Things are rolling again, however. Wallet is now 39hrs behind and not syncing... If your wallet is syncing could you post your config file so I can update my node list... thanks Sure. Note that I'm using Linux, but I don't think that changes the most basic stuff, which is all I have in my spartancoin.conf file. I also use this configuration to mine against the wallet. rpcuser=<username used for cgminer> rpcpassword=<password used for cgminer> rpcport=55883 maxconnection=100 server=1 addnode=54.186.130.102 addnode=54.186.26.226 addnode=54.186.126.94 addnode=54.186.242.36 addnode=54.186.245.111 addnode=54.186.245.94 |
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My wallet hasn't been syncing for last 30hrs. Also could someone post a screen shot or text how cg miner script should look like for solo mining.
Yes, except it wasn't so much that the wallet wasn't synching as there were no new blocks found. Things are rolling again, however. |
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What's going on with mining right now? It looks like there have been no blocks found for a little over a day. It also looks like the diff is on the high side, considering. Was someone mining with a lot of hash and then suddenly stopped?
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