I have to admit, this is the stupidest thread ever. Why am I even adding to it?
I don't know, but I didn't wan to destroy bitcoin i swear! |
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So.. all these coins are lost for life or they will sell them?
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Most people seem to think that their coin is under priced. Most people, however, are wrong.
NXT is supposed to be the nextgen coin with a new system right ? No. "No one" cares about Bitcoin yet, why should they even care about an altcoin. If NXT is a success Bitcoin needs to be a success first. |
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DONT use Virwox unless you need mega quick btc for some reasons. Their fees are simply a scam.
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I have 100 computers with good specs and internet 24x7 online at my disposal.I know mining wouldn't be possible.What is the other best way to monitize may be computational power or storage rental like storj.Kindly suggest.
If they are online 24x7 then your Electricity bill will be huge . I simply recommend you to sell them all and buy Bitcoins instead . I guess it's more profitable then mining to be honest . Or you can try mining Altcoins instead of Bitcoin . Good luck mate ~ Madness I dont think he should sell them, you could miss a chance to mine really hard an altcoin that then explodes and gives you massive BTC gains like the AUR bubble. |
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Bitcoin mining is limited to 21 million Bitcoins total, but as a functional currency and payment method it's actually closer to infinite.   By the time we do reach 21 million BTC, it'll be 2140, and there's a chance 1 Satoshi = 1 USD. But much before 2140 the mining reward will be negligible, unless BTC price reaches 1B each or something. So the negligible reward situation will arise way before 2140 As far as I know, in 5 years the mining will be negligible rewards will be negigible as hell, so the price needs to be high as hell in 5 years.. the 21M alone mean that the price should be high, even right now, but the RL don't work in this way Indeed. If you own 21 btc and bitcoin goes mainstream, you should be a guaranteed millonaire... IF bitcoin goes mainstream. But real life acts different than maths. |
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Oh! boy this is good I wish i'd be someone reputable enough to be called there someday  It's funny how probably there is some kid out there that mined a shit tons of coins in the early days to buy weed in SK and now is wealthy enough to attend there as someone important. Life is luck. |
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Satoshi is the holy spirit of cryptocurrencies. He is inside all of us, telling us to keep faith up, hold on tight to our bitcoins and pray to prophet Antonopulos on the daily. We shall reap millonaire benefits in the future.
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They also use the Internet and cell phones...
They also use..... (brace for impact) CASH!!! |
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Of course there is debt, the problem is a big chunk of it is not legitimate debt.
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He tweeted yesterday about Bitcoin giving it a ton of publicity, he has so many followers.
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At least you can try to do something about it, if you lost your wallet pass for instance or lost the coins in an exchange, you would have lost the money for sure. This is the problem with BTC.
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I think they will just do it for the value of their own coins.
Great tactic from them.
But they are there for the very long run, which in return will end up benefiting all investors and holders and thus the coin itself. |
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For the first one. Gotta agree, normal people (non-technology) wont be investing in Bitcoin. Most of them are afraid for the rapid changes in the exchange rate. And.. some of them can't understand how Bitcoin work. Unless Bitcoin is value stable, else, people wont be investing in it.
Volatility, a heaven for the majority of traders. Exactly, it';s this volatility that makes it possible to profit, only people obviously don't like it when it doesnt go the way they want it to but that's part of the game that they need to understand. The hodlers and long term believers don't really care about minor fluctuations. Yup but we eventually need the price to stabilize otherwise we can never use it on daily shopping. |
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I've seen my coins appear and disappear tons of times on there, the servers are overloaded. Luckily I only store shitcoins there.
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Look at the marketcaps of other decentralizing services such as Uber and compare it to Bitcoin, then see the potential for growth.
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They cant stop it unless they stop every single computer connected to the internet.
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Absolutely legit. Trying to buy 100 up or down is a waste of time to any decent investor which should think low term. You are risking more by trying to find the perfect buy entry because you can miss the train.
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I dont drink you can draw a papel with fiat, bitcoin is global and its everywhere.
But i guess china could be it if they start buying like crazy again.
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It's really tempting, same for oil, low prices are always tempting.
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