Also waiting for last week`s payment. Before that, everything s fine.
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I think u people need to dream bigger. BTC s not a side hobby. It can really be much, much more, just if you play with it more.
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Hey guys, I just spoke to a guy over chat who told me his plan was to get 100 BTC, wait for the price to reach $5k per BTC and retire after that. Since he lives in a third world county, that might be possible for him. I know this is a simplification of the problem but I d like to know what s your plan. How many BTC is your goal, at what price and what happens once you reach that goal. After all, we have all been involved in a dream, why not dream it a bit more. Then that guy is going to have a very tough life as he'll be retiring in his late 90s. I don't think anyone should invest more than what he can afford to loose. Investing in Bitcoin is almost equivalent to gambling and one should only gamble with what he is ready to loose. Best of luck to that guy. I dont think the price issue is so hard to achieve. Well we did go from $30 to $1.2 in a couple of months. All this without institutional traders and stock markets getting in the game. With such small numbers, the price can go up big time. Whether he can get 100 BTC and how many BTC he s got now, that s a different story. Yes, I agree, very tough.
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I don't know, I have a few bitcoins and I will hold on to them. I can't give a definite value or speculate. But 50 Bitcoins is very doable and 100 is in range. It really depends on how quickly you want to acquire them and then sell them. But for this value, the cost of living of living must be cheap or the individual is older..? These are just assumptions, it just doesn't seem like such as large value.
As I ve said, he lives in a third world county. Some of those places, the average wage s $100. Imagine what u can do with $500k.
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They re expanding the number of countries quite fast. First it was US, UK and Slovenia. Now Italy and Germany as well. I m sure they ll cover Europe in a couple of weeks and this is quite good since I ve had nothing but great experience with Bitstamp.
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wasn't this said about Litecoin and look what halving has done to it. Does BTC difficulty halve too? My S5 struggles with the current difficulty
Hah, we can only wish for that. Nah, the difficulty ll keep going up, nothing else but up. This is why I say BTC home mining is about to end. Unless you have chosen DMD Diamond cloud, that coin stakes, 25% per year so that helps out a lot.
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I don't have a real plan, but one of my goals is to try to collect 50BTC in my cold wallets. All this purely by trading profits and not by buying. That's how I minimize my exposure to zero %. What will I do with my coins after reaching 50BTC? I don't know. That s exactly what I d like to hear from people. Where s the limit and what then? There must be some wild dream you guys can share with the rest of the community.
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Let me re-post from another thread: I have just about to hit ROI with my DMD Diamond cloud mining investment of $1600. Not only I hit ROI but I also get paid in DMD which continue to stake. Really nice option, I recommend it. The system works in a way where you get 5x increased payouts until you hit ROI. After you get your money back to invest into something else, you still get payouts but reduced ones. Unless you decide to reinvest. Really good stuff. Here is a link, if anyone s interested and I ll be glad to help out if there are any questions. No, this is not referral link, I get nothing from this, I just like to help people out. https://bit.diamonds/Went to https://cloudmining.bit.diamonds/ and there's a message saying they're offline: "This page ( https://cloudmining.bit.diamonds/) is currently offline. However, because the site uses CloudFlare's Always Online™ technology you can continue to surf a snapshot of the site. We will keep checking in the background and, as soon as the site comes back, you will automatically be served the live version" Yes, the site was in maintenance mode for a couple of hours, it happens even the big companies. I ll gladly share my data with anyone else who might be interested, once again, I do hold DMD Diamonds but I do not gain anything from you joining or not joining cloud mining program. I suggest you come to BTT DMD thread and ask your questions. Here is the link: https://bitcointalk.org/index.php?topic=580725.new;topicseen#newAll I can say is that I ve had no problem whatsoever, payouts were on a daily basis and I am about to hit ROI in a couple of days. Now I let my coins stake in my wallet and sell interest. How s that a bad deal?
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Hey guys, I just spoke to a guy over chat who told me his plan was to get 100 BTC, wait for the price to reach $5k per BTC and retire after that. Since he lives in a third world county, that might be possible for him. I know this is a simplification of the problem but I d like to know what s your plan. How many BTC is your goal, at what price and what happens once you reach that goal. After all, we have all been involved in a dream, why not dream it a bit more.
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I keep telling people PoS coins re great option. A few of the major ones brought me nothing but profits. It s much efficient method of mining after all.
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I use Bitstamp quite often. No issues whatsoever, great service, recommended. However, since u re a newbie, I suggest to try with a small amount first, $100 for example. Once you figure out the system, you can continue.
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Also, do the math before you buy it. Mining diff jumps 20-30% each month and home mining profits re really weak, taking this into consideration.
I simply do not want you to lose money so do your calculations before you get into mining.
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Here are mine: In 2016...- Bitcoin price will fall below $200
- New altchains will start taking over Cryptoland
- Bitfinex will likely go bankrupt
- Altcoins maket share will grow significantly
- Meanwhile Litecoin price will fall below $1
- And ETH price will touch (or will be close to) its pre-sale
- At least one Chinese exchange will be shut down
- First altcoin w/ market capitalization > 1M BTC
Make yours. Time will tell who is right... Bitcoin will rise gradually over the next 3 months with ups and downs, expect it to be aprox. $800 USD a month after the halving. Litecoin will prevail once more with an estimated value of 15 - 20$ after the Bitcoin halving. The price will rise gradually this year, the volatility will be lower than before. The price could reach $3000. About $1k by the end of this year, we ve had it once, we can have it again. $3k in such a short period, I dont think so. LTC is a mystery to me, it might go up to $10 again.
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Hi there , I live in Romania and i can provide 0 cost for electricity is someone want to invest in mining . Please consider contact me if you wish to invest. I am not a scammer and we can make money if you wish to invest.
Alex
How do we know u re not a scammer? We already know u steal electricity cause unless u have your own power plant, u cant have 0 electricity.
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If the interest is over 3% a month, it is a scam. No business in the world can offer 3% return consistently over a long period.
Some banks do offer such interest rates through Time Deposits but holding period should be longer and investment is big. Can you give us an example of a commercial bank offering 3% a month or 36% a year interest? That is too good. There s no bank which offers that. U might be able to get 3% APR.
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I found an alternative way , it's not the best probably but that should do the job . I will simply deposit using my Visa debit card (E-coin) into Neteller then trade my Neteller funds to Bitcoin and that's it . (Neteller only take like 1.9% fees so it's not that much comparing to virwox.com) and they don't take fees at all Neteller to Neteller transfers.
Do you trade Neteller to Bitcoin with some built-in feature or you find someone to do the trade? There is BTC to Neteller available on Neteller itself , however for trading Neteller to BTC you will have to do it with someone since there is no features for that . It's not a problem though since Neteller is a famous and known payment method that most of people use . Payza also let s u deposit via debit card and withdraw BTC. I think the fee is 4%. However, you cant use your credit card, due to charge back issues, only debit card.
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I ve used Cex before, great service. You do need to have a 3D protected card but most normal banks provide these cards. Let us know how it went. Btw, there s no credit card without a bank account linked to it. U need to fund that card somehow.
Are we speaking about CEX.IO ? If yes then do they need information's about my whole life or not ?(I mean ID , passport or anything related to my real life) Photo of you holding the card and your ID. They guys are real company, if u re going to give someone your CC number, make sure there s a real firm behind it and this firm MUST be registered somewhere where financial fraud s punishable. So, EU, US, Canada, something like that.
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I know bitcoin as introduced by my friend. He told me that making money in the bitcoin very easy. I got interested and I wanted to try it. At first my bitcoin mining through the faucet and then I was advised again through the signature campaign and sure enough in the signature campaign I can gather bitcoin easily.
Hehe, your friend told u making money with Bitcoin is very easy. Eh, if that is only true.
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Proof of registration, your personal verifiable data, collateral, etc. You need much more effort for people to invest into something like that.
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Cryptsy s distorting the market big time. I wouldn't be surprised if they took advantage of this and so some inside trading letting only Cryptsy staff to withdraw BTC. Time to fix it or go down.
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