Free Signal for people losing hope: Bitcoin is about to go upto $14,000. If you are selling, dont sell. Hodl is the key here. Reap the benefit of waiting. For those waiting, invest now, buy buy and buy. Dont listen to any negative comment below.
HaHaHa! April Fool's right? I'll have to doubt your claim, since April didn't start that well for Bitcoin, it's going down even further. It also goes without saying that you shouldn't sell at the moment, the market is a bloodbath and and any sale now is definitely losing you money. Moreover, anyone can make any bold predictions regarding the price, it will recover some day, but I doubt it will happen that soon.
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how long btc will keep bleeding ? and is it to late to sell ? are we in the bottom of the dip ?
thank u
We might have potentially hit rock bottom I'd say. I would advise you against selling any BTC currently, unless you are a trader who had bought at a lower price and want to get rid of them. I'd say/hope that next week will be better in terms of price levels but it will probably take months for a "full" recover.
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You just have to do what you have to do. Unfortunately profits are at an insane low level. Too many noobs came in the mining place along with all the big money just buying up everything who can sit and ROI ovrr 2 years as it's still better gains for them than banks.
Mining was over-hyped, you could actually notice it on here too, there wouldn't be a single day without a newbie asking on how to get started on mining. Too many people joined the game the last few months which resulted into a difficulty increase, in conjunction with the current low price levels was enough to make mining borderline profitable for some. However, with the increasing number of people shutting down their rigs and avoiding joining the mining game, it wouldn't be surprising if profitability slowly recovers the next few months.
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I was pretty late in the game. Bought my first full bitcoin when it was a little over $900.
It was 2014 if I remember correctly, Bitcoin was valued at around $250 back then while even faucets gave a ton of Satoshi for each claim. Had about 0.40 BTC back then, most I ever had in my wallet. Wish I still had them
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I haven't myself but have heard mostly that they're just regurgitating information that is freely and readily available elsewhere without the large fees attached to it. That's like most online courses. People some to have a mental block in that they don't feel like they can learn unless they're paying someone else to teach them.
You're thinking about the scammy ones, usually by some crypto preacher or something of that sort. They mostly tackle investment advice, and you'll pick up nothing new if you know how to google. The one OP cited is actually free and legit. It goes in-depth into the blockchain side of Bitcoin and crypto in general, and I've heard good things about it. Yep, I am. I seem to come across a lot more of them then anything else. Maybe because they're pushed that much harder than the legitimate ones. Given it has your stamp of approval and it's free then maybe I will check it out for myself. It would be of great benefit if there was more free quality information for people to learn about crypto. Do let us know if you actually try it out, make sure to report back if possible! By the way, I was actually talking about reputable courses too, from major providers/university's not some paid crap you may find on websites such as Udemy.
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Are you ready about this one ? It's highly unlikely that any of this is going to happen. Price seems kind of stablish the moment and I really hope it recovers spon. Moreover, similar threads which keep popping up aren't really helping, they actually cause more harm than good.
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Hi everyone,
During the last days I've been mining ETH with 60 Radeon Rx580 cards. But the difficulty has been increasing, at the same time that the ETH prices have been going down.
So, at this point I'm wondering if there's any other coin that could be mined with the same cards and better results, whattomine.com keeps showing ETH as the best option, and personally I don't know any other service alike to see if there's any other option.
Do you believe it would be better to buy ETH directly instead of mining? Is there any chance that the difficulty/reward changes for better in the future? What would you advice?
Have a good weekend! Chris
I was using Nicehash to mine, thus, I was earning BTC instead of the coin I was mining. I've actually stopped mining since it was barely profitable for me and started buying BTC instead. I hope I made the right choice, because I've actually started to worry by seeing Bitcoin drop even further.
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Almost every country has unemployment problems. There are many young boys who are working unemployed. But the days of settling their turn are over. Now, if you wish, you can earn a lot of money sitting in the house. Bitcoin can earn their unemployment by earning. It can be possible to improve the country by improving their lives by earning bitcoin. That is why Bitcoin among all Habetahale to spread the knowledge of the second day will increase the demand for Bitcoin.
All countries have unemployment, some in a smaller some in a larger percentage, it's how the capitalistic system works. Nothing can actually terminate that percentage, Bitcoin can't change that. Yes, some measures can affect that degree but it's not that simple. The financial and political system isn't that straightforward. Bitcoin isn't making you money by just sitting on your sofa, it requires knowledge, capital and a lot of time and the people who are willing to take that risk are just a mere minority.
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So how will be calculated the 4-7 april period? Will it be the extension of the 4th week?
Yes. Just make sure you have done the minimum of 120 qualifying posts before the end of the campaign for payment. Same goes if you have joined the campaign on the second week?
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I don’t know how much more. My $1350 investment is worth $526.78 as of this moment.My coins were BTH, LTC, and ETH.
And who isn't? Most of us here probably are, it's anxious and stressful to see your investment worth less and less. Sometimes I wish I had sold back in December. There is definitely not much you can do now except from waiting that something changes in the distant future. At least now seems like it's a good period for trading.
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I have a number of gtx1060 and rxs 470 480 , does my hardware got old or what notice that the profitability decreased to half and still high difficulty is there a new hardware released or just miners are holding , does anyone know WTF is going on , the lowest profitability and the highest difficulty at same time Your hardware is fine, the difficulty, prices and much more is what's currently going down, thus, ruining your rig's profitability. Not much you can actually do at the moment than hope that something actually changes in the future, which I highly doubt to be honest. I don't even know if it's profitable for some to mine anymore.
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If you are mining ethereum or zcash at the moment and the amount of coin are still the same it was back on January then it's fine. It's just correlated with the price of BTC, I also knew and studied when a fellow miner told me about it. Just hold to the coins and wait for another ATH maybe or just the same as it was December. As most of people saying in my country mining is dead, but the truth is it's not for the people who have access in cheap electricity.
I am not sure about that, correct me if I am wrong. I was using Nicehash to mine, via the Equihash algorithm, mid of June if I am not mistaken, I was making 0.5mBTC per day. Not long after that, I was making less and less till I was only making 0.10-0.15mBTC during Bitcoin's all time high. Now, I am making even less in terms of BTC. I've actually shut down my rig not long ago.
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i have 0.5 btc on my hand but the problem is btc is falling day by day its hits me in my heart like a spike cs i buy this btc on 12000$ now im in loss of 5000$ it has fall onto 7000$ what shoud i do? should i keep it???
I wouldn't even think about selling at this point, you are already at a loss, don't make it any worse by selling now. Indeed, the market is in a pretty bad state currently and I can imagine how anxious and stressful it can be, especially for long-term holders with a large sum of BTC. The only thing I would suggest is patience, we cannot predict whether the price will recover soon or not to fully recover your losses, but at least make sure you wait a few months before taking any action. In the worst case scenario, try to cut down on your loss.
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Bitcoin now drop for a while should I sell this or hold what should I do? I have huge btc in my wallet. Please share your opinion about this.
Definitely not, you'll end up losing a large sum of money. It's probably one of the worst periods to sell any BTC you are holding. I'd wait a few months if I were you, depending on how much you are holding. Trading is at its finest at the moment, you could use your funds to trade, if you are into risk.
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Facebook is a business, it's not accurate to compare it to Cryptocurrencies. However, if you actually compare Facebook's market cap (460 Billion dollars) with Cryptocurrency's, they are probably not that far apart. Bitcoin's market cap alone is 140 Billion dollars. Add Ethereum's and most other major ones and the result will probably be very close.
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education is key if we are to advance as a people so definitely any sort of education geared towards bitcoins is a definite plus as this will help us to make better investment decisions and as a result we will improve our own economic situation and then it will impact the economic situation of the country in a positive way as the standard of living and commerce improves.
Definitely, the more you know the better. I was just curious if anyone had completed a similar course and if it's worth enrolling in one.
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Is it better to invest into ethreum which has proved to be the most profitable and most stable altcoins until the vet recent dip and on the other hand we have bitcoin which is again in the stage of bullish ride.?
I'd prefer Bitcoin, but I would advise you to invest in both of them, the percent is up to you, you could go 50/50 percent Bitcoin/Eth. It's not ideal to put all eggs in one basket.
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Another topic in this forum reminded me that the price of Bitcoin is 7 times what it was worth at the beginning of the year. So my question is:
At the beginning of 2017, was Bitcoin extremely undervalued and is now reaching its true value; OR is Bitcoin just in a bubble that’s about to pop and bring the price back down to earth?
Prices are determined by demand and supply. There was a huge hype with Bitcoin and crypto in general that created what you could call a "bubble". More and more people got into Crypto = more demand and to satisfy that demand, there's a larger supply. Eventually, the prices skyrocketed due to hoards of people investing money.
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Im thinking to put up an entry level minning rig with the budget around 4 to 5 thousand USD. But my question is, is it worth it? Should i proceed with it or save for a better rig? Given the idea that GPU’s are either expensive or out of stock plus the expenses to run and maintain the rig versus the profit you get and the competitors? Lots of questions in my head guys need help. Thank you in advance
I wouldn't invest a single dollar currently, mining profitability keeps decreasing. If you spend that much money, it will either take years to break even, or not even manage to earn back what you invested in the first place. It's probably the worst period to get into mining currently.
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