Hello Everyone,
I have been reading and commenting on bitcointalk posts, and I spend lots if time in btt. That's why I posted more than 10 posts in a day. Will it be harmful for my account? Please Kindly give me inform me.
Thank you
Technically, there is a minimum time between posts and, therefore, maximum number of posts per day, but the limit is very high and completely automatic - it would not allow you to submit posts more frequently. 10 posts per day is absolutely normal, unless they are spam or short, not meaningful posts.
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Interesting news. Big players continue to show interest in cryptocurrencies. Looks like there will be more money pouring into it, that's good.
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I think it's not very healthy. I was somewhat relieved when I saw this morning that there was a small correction, about 15%. Stabilization with small fluctuations would be the best scenario.
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Voted for 25% correction, but the level from which it starts is totally unpredictable. It may happen next hour from $15k or BTC may rise further first.
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I'm pretty new with cryptocurrensies. But it makes sense to me that it needs online access. To resolve the seed, i'm guessing it needs access to the blockchain to create the wallet. How else would it translate the seed into a wallet?
No! Derivation of keys and addresses from the seed is deterministic and it does not require any extra data. It is definitely possible to create an Electrum wallet offline, as well as to restore a wallet from an existing seed. I did that several times.
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A word of caution, this price HAS TO RETRACE at some point, it cant sustain the current price hike, its not a question of "if" its a question of "when" and also, what will it bottom out at before next hike?
Exactly. A correction is already overdue. Hopefully it will stay above $10k... Agree. We saw this kind of correction a couple of weeks ago, when price rapidly hit $11k, then drop to $9k. Yes, that correction was totally expected and now I'm waiting for another one. A fall from $15k to $10k is 30%, it may happen.
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A word of caution, this price HAS TO RETRACE at some point, it cant sustain the current price hike, its not a question of "if" its a question of "when" and also, what will it bottom out at before next hike?
Exactly. A correction is already overdue. Hopefully it will stay above $10k...
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Technically there is a limit, because of the minimum time between posts, but it is very high (hundreds of messages per day, AFAIR), and it's an automatic limitation, it doesn't lead to a ban. I'm almost sure that your previous ban was caused by spam and/or low quality posts (like "I joined!" and so on).
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50k what? USD? that amount is huge, man! How did you come up with that theory, anyway?
Here is what I think, bitcoin will probably stabilize around 20,000 next year and then Alt Coins will rally. There would be another news coming by mid year and then BTC will pump again leaving altcoins bloody. And then repeat by 2019.
What do you think?
Seems a reasonable scenario to me. Uninterrupted rise to $50k immediately after this year's 10x increase is unlikely.
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Yes, I would say that correction is already overdue. But the questions are 'from which level?' and 'what will be the bottom?'. My guess is that BTC will stay above $10k, but these sharp spikes are completely unpredictable.
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Coupled with the rate at which the price of bitcoin has been increasing lately. I'd like to know how long it would take bitcoin to reach $25k since it took it just a year to rise from $1k to $10k(which was pretty cool and fast) but I doubt if it can rise as fast as that again
I doubt that this rate is sustainable. It would mean two orders of magnitude rise in two consecutive years, more than $100k by the end of 2018. It is not impossible, but very unlikely. However, doubling of the price (followed by corrections and plateaus) can happen in a single month. It's impossible to predict, but I think it can easily happen within the next year.
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It depends on the meaning of 'crash'. 20-30% corrections may look like crashes to many, but they are expected and unavoidable. Bitcoin may drop to, say, $11k tomorrow and I would not be surprised in the slightest. A complete collapse without subsequent recovery? That's another story, and a very unlikely one in the nearest future. In a very long term (decades) - yes, it will.
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A correction to $10-11k, then increase to $15k. Of course, it's just a guess, exact predictions are impossible.
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Bitcoin 13k by tomorrow. 15k by end of week. and 25k by the beginning of new year. You guys just wait and see :3
Above $13k on Coinmarketcap already. I have doubts about $25k by January, but $15k just in a few days is entirely possible.
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It's a wildfire....
Yes, that's crazy. More than $12700 by Coinmarketcap now. I think there will be another correction soon, but this time it is probably going to stay above $10k. And then $15k before the end of the year looks possible.
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I voted 'less than 25' because it is already becoming ridiculous. Each subsequent fork will be less and less profitable and get less and less attention, until such forking becomes meaningless. I think even 10 is too many, let alone 25.
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Mining with a single non-specialized computer, especially laptop, hardly makes sense. There are coins that can be mined using CPU (Monero, etc.), but the amount generated by a single CPU is very low. Mining most coins requires at least a setup with several powerful GPUs. Laptops usually have slower CPUs and GPUs (or no separate GPU at all) to reduce power consumption.
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Not impossible, but very unlikely. The volatility is decreasing compared to the previous years, there will be a lot of buyers at lower levels. However, 20% can happen anytime, within a single day. There was something like that on November 30th.
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On November 29th I wrote in this thread that there will be a correction, but $7k is unlikely. My alternative guess was that bitcoin may rise to $11-12k and then correct to $10k. The correction happened on November 30th and was somewhat in between, from about $11.5k to $9.5k. I would say that another drop of similar magnitude is possible, but $7k is even less likely now. However, start of futures trading will be a big event and the result is unpredictable.
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I think of Bitcoin like a bar of gold - enormously valuable but you can't exactly lug one around to pay for your everyday purchases. That is where a different crypto can really shine. Now which altcoin that would be remains to be seen! That's a good image I also start to see bitcoin as 'digital gold'. Maybe such division of roles is good. Bitcoin as an investment and store of value, some altcoins for payments.
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