wow Can you still make money from solo mining LTC? I assume you are using asics for mining, right? How many are needed to make some profit? Sorry for hijacking our thread  you can't even solo mine LTC if you don't own a private pool because asic are not designed to solo mine unfortunately, so it's useless, i would join a pool with the current difficulty, you can earn more in a pool an fee is very low anyway, i'm guessing he is talking about the enw L3 which is very good in profit with 500MH of hashrate |
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Thats why you should never buy on margin. Wonder how many people got wiped out.
if they don't sell they have not lost anything, the same for those that they didn't sell in 2013 and that held their amount until this pump, they didn't lost anything too, it's a matter how much you can hold seriously, there is nothing more to do, but cashign out at the right time and buy back more coins is something few can do |
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just hold it's a price correction on everything, these global increase was not sustainable because too much money were invested and now they are taking their profit, understand the different between being a bagholders and being someone that is holding for a greater return, if you dump now because of fear, you will lose your confidence for the future and your possible profit, the coins you are holding are strong coins, they can't die anytime soon
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bitcoin is definately a bubble because the central bankers have bought a bunch of it, to secure for themselves they would engage into an active war with bitcoins if they could get rid of it
it's not a bubble, bitcoin is a very strong currency there is more demand now than in the past, the price is increasing, can't people accept the difference between an increase and a pump? and your logic behind bankers making investement on bitcoin and then you coem to the conclusion that this is a bubble doesn't make sense, because if bankers were investing in bitcoin, we would not have any crash and the value would be higher |
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What real value do alt coins have? Bitcoin is the storage of value. ETH is the main competitor with every new project being built on it's platform and the EEA giving it a nice foundation, it is also a store of value. The rest of alts don't really have much going for them. The Billionaires are invested in BTC/ETH as stores of value. What alts should be are start-ups that pay dividends to coin holders. This is the progression alts must take as BTC/ETH become the stores of value. You want to invest in a start-up and get monthly or yearly profit depending on how many coins(shares) you hold? Then buy into a company you believe in. Alts will basically become dividend paying shares of a company. So if you own 1% of an alts coins which are set at a cap you get 1% of that companies profit. The company will keep some for themselves while the rest are sold to investors. This is necessary to legitimize AltCoins and make them more than just a gambling game.
there is no real value behind these coin, they are pump and dump for bitcoin, bitcoin as a real value and is used as a currency, altcoin are good to have more bitcoin quickly in your wallet, but i admit that some altcoin have potential to work side by side with bitcoinin the future, perhpas those altcoin can offer a good way for micro transaction where bitcoin perform bad there |
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When I said this was a pump everyone said: No no it is not! LOL
its not a pump the value of most altcoin is way higher than what was before this pump started, this means only that we have reached a new bottom, for me a pump and dump is when the value return when it was before the pump occur, this is a price correction if you don't know what this mean check with google |
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If you cash out by bitcoins at a casino and the casino doesn't add enough fees for fast confirmation. If the price of bitcoin drops a lot. Should the casino be held responsible for the price differences in which you cashed out at and the current loss in btc prices?
they don't care i think but i know for sure that these service like exchange and casino have special deals with miners and they can have fast confirmations with very low fee, like 20k satoshi, but anyway when you cash out you have still your bitcoin, just don't sell if the value dropped at that moment, and sell again when it go high |
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the only way to see BTC go that low would be another MtGox event  that's not possible anymore because unlike with mtgox, the numbers of coin are more spread in many exchange, and not all in a single one like with gox, and it's also more harder to mnaipulate in this way If bitcoin will fall, Lowest price for btc around $1000-1300. When btc price was $1000, btc fall to $150-200. It means price will drop upto 80%
i think that is not possible, new resistance is at least at $1500 or maybe $2k, but not quite, sure, the last drop put us still above $2k and was an huge drop, so $2000 seems to be a nice consolidation wall |
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that gpu is quite old, you should change with new one and then you can mine something worth it, with that gpu is a waste of time too inefficient and low hashrate, what about buying a 1060 or rx 570? both ar enot that expensive and have good return, i suggest to mine ETH with amd and ZCASH with nvidia
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you are wrong dude, altcoin mining is very profitable now more than in the past we are at the peak now, and the mining scene was never so profitable, with bitcoin reaching such high value, everything is going to roi fast Shhhh, don't tell everyone. Let the existing miners gain and say to everyone else its not profitable  yeah lol, but don't worry not anyone can mine, that's why we have traders, traders can't mine and they trade instead, perhaps they have not the space or not tech savy enough or again they don't want to deal with the hassle which is minign, and they still earn more in trading, there profit for everyone now, let them newbie mine, the difficulty is far away of the current profitability |
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ETH = mutable, centralized, inflationary, pos
ETC = immutable, decentralized, deflationary, pow
only if ETH go pos, otherwise you won't have the boom of miner changing their target and supporting a new coin, that's what it take to go in the sky also, miner are very important for the lifespan of an altcoin, i do agree that ETC as a huge chance to increase in the future, it was created because ETH was facing that bug that destroy its credibility, but reaching this huge marketcap of ethereum will not be a joke for ethereum classic, it needs a serious support from buyers |
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Just a little warning, some cryptopia users cannot access their btc they have deposited on the site.
I myself sent some there and 12 hour later no way to access the btc deposited.
contact their support they are very talkative, i never had any problem with cryptopia i can use my bitcoin there and i can both deposit and make withdrawal of any amount, some times can be that deposit are not credited but i opened a ticket and everything was fine again Cryptopia looks like a great scam exchange,so many "weird" ativity, specially from tha time they want to list coin only by paytopya.
Same issue, can't access to my btc balance on site.
i can't see anything scammy, yobit is much more scammy and shady with its fake bot pumping 0.01 volume on random coins |
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only takes one wallstreet whale to pump BTC right sir, if those wallstreet whales come to bitcoin, bitcoin would make everything else look so cheap, the pump would be insane, and value such as $100k would not be a dream anymore, i'm still waiting for those whales to make serious work with the market, we are not even start yet with this thing |
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Would you buy Bitcoin now with hard cash since the price or value increases daily, or you just going to earn it through mining, faucets, social media and signature campaigns?
ALWAYS buy the dip, it's the best profitable strategy in trading, if you see a crash buy more and buy all the way down until the bottom, same thing when you need to sell, sell slowly all the way up to the top, because top and bottom are unkown, i find this the best strategy for trading |
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https://www.bloomberg.com/news/videos/b/4a0b16dd-6783-4dac-9fa0-76e923c9a774According to this link, a bloomberg news site, it was mentioned that there are two hotels in LAS Vegas that accepts bitcoin as payment for hotels, food and drinks. If you want to visit this place as a tourist or to gamble and you happened to lost your money to gambling you can always use you stored bitcoins to get a room to sleep and relax and enjoy the food and booze. this isn't anything special bitcoin is already accepted to pay for stuff such as car or even an house an hotel accepting bitcoin should be the normality today, but those people accepting bitcoin i don't think they really care, they just want to increase their profit, but their target are average people that don't know much about bitcoin |
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what is the use of this coin. why price is droping
probably because this coin is fake no real TOR support, possible infection via wallet, and the value is backed by just c-cex with fake pump, and the signature is not helping at all because who is payd for this is dumping fast and forgot about it, which make the price tank quickly, very bad advertisement |
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Hello traders,
I saw a BTC dump coming and cashed out most of my BTC to EUR, so the money i put into exchanges is break even.
But I never expected that nearly every altcoin is dumpig hard right now. How come? I really don`t get it!?
Are the traders panicing? ...but because of what? I don't see any bad news beside the monero trolling action, but that shouldn't knock out the whole altcoins.
So does anyone know what is happening right now? ...i have a lot of altcoins like, strat, str, eth, xrp, xmr, ardr. lost 2k already just today.
Why is everyone selling?
if you cashed out to buy back it's a good decision otherwise you made a wrong move, everything is RED yes but it's still more up than what was before, if a coin go 10x but then a dump of 1/3 occure, it still in GREEN side, and this is nothing new, it's called price consolidation, the value increased fast and the buyers need to buy more at these new level |
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just look at the trends and charts for most alt coins; the bubble will pop soon, not the best moment to buy!
no bro, they are not dumping to crash the market they are dumping to buy back cheaper coins, it's normal to have a correction in bitcoin and more so in altcoin What goes up must go down, and when its down is the time when you should BUY.. not buy at the top. Yes we're in a bubble but its no where near ending, matter of fact the party is just getting started
you don't know most of the time what the top is, otherwise we would all be rich already, my strategy is to buy when there is a continuos increase and to sell when there is a continuos decrease, with this strategy you don't remain off the market, and you have a chance to minimize possible losses |
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This is normal folks. What.. did you want to see BTC rise endlessly?  lol yes people are greedy when they see a coin rise, they think it will not stop there until it reach the point they are at which they want to dump, i know because i feel the same , but tht increase was not sustainable, a dump was expected imho, it's already increasing again right now, i think investors just took their profit, next round is incoming |
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i think this has to do when you get too damn big and make plenty of money, all business work in this way, when they start they all care about their customers, when they become rich they don't care anymore, because your money ain't nothing for them they earn a lot, your complaing will be pointless, and i don't trade there anymore for this reason, bittrex is much better in my opinion, they always respond to ticker or any claim
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