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The big crash was already happened,and now time to seat back and prepare yourself cause bitcoin will absolutely fly to moon in no time.
I also believe that bitcoin wil fly to the moon but honestly this is hard to predict that. it is also possible that bitcoin price crash again in comming days.. lets see. Nothing will happen to bitcoin, I am very sure those that are saying so are the ones may be that do not have any bitcoin at hand, hence out of envy or jeousy they keep predicting the fall of bitcoin. I keep telling this people they should better get their acts together and do the right thing of investing to make money or they regret later. If somebody does not have any bitcoins or many bitcoins and they want to buy more, they will try to talk down the price. |
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I heard the SIAcoin is most profitable to mine at the moment. But the Etheruem difficulty is still rising.
It's not profitable at all. I mine it using claymore's miner while dual mining, but just mining Sia alone is a waste. 1000 Sias are worth 0.52cts currently...at 1.4Gh/s, it takes me 2-3 days to round up 5000 of those, def not worth it, only if you have free electricity maybe. However, once Sia get their software a bit more user-friendly and do some more advertising, they could become the new dropbox and be worth a lot more than now. I personnaly keep my Sias for the time being. You are right. With the increase of the difficulty in the past month, if the trend continues, it will not be profitable soon. |
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Nobody can 51% attack ethereum at the moment. If you fud this to the ETC, then it is quite possible to do that now. |
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My electricity is too high. If the difficulty rises another 50%, there will be no profit at all. So I will not expand.
The difficulty of the Ethereum has dropped a bit in the last few days. I think it will be more profitable to mine now. Yeah difficulty doubled in like 3 months and it goes down 5 % and everyone is saying its profitable again. That is because Ethereum miner moved to mine the Monero. When the price of Monero drops, miners will move back and it become less profitable again. I think the miners are moving back and forth between the Monero, ETH or ETC. Especially the ETC and ETH. |
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Maybe some bitcoiners who want to see ETH in chaos
A simple answer is "yes". Some known bitcoiners have expressed their dislike for Vitalik and Ethereum and they claim that he is advertising something that will not scale and will not work as promised once the transactions reach the millions. There was a chat log I saw somewhere that a known bitcoiner named GMaxwell think that Vitalik is selling "snake oil". The Ethereum block chain size has been growing very fast. It is 32 GB now one year after the implementation of ETH. It is 37 GB now. It is growing very fast. I may have to move it to another disk from the SSD main C driver later. |
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ETH has big money backers and the disciples all hodl.
I'm hodling and buying more ETH.
It's still gud times.
For any coin if you buy it and hold for longer and prefer it for your usage, and all other also do the same, then you will get it at a higher value within a shorter time, I am holding my LIR and I promote it and suggest to my friend to invest in it, I hope it will have greater value sooner. I have mined some ETC recently when the profitably was high. I usually sold it instantly just in case it was dumped by big holders. You are quite wise. There is a drop of ETC price recently. The price trend is going lower, so it is better not to mine it. |
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Miners are also mining other profitable coins such as Feathercoin, Vertcoin, Siacoin and Decred, anything profitable.
Miners are mainly mining the Ethereum as that one has the biggest market cap and there are more buying. The combined Ethereum has over 4500 GH/s. That is a huge amount of hashing. Hundreds of million are involved. The combined Ethereum has over 4850 GH/s. So that is an all time high. I do not under why miners invested so much. |
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I think there will be some stability after all these pumps and dumps, but before the end of the year, there is a good chance that we will see a good increase in the price.
The bitcoin price could rise 50% after several more months of consolidation. That happened in May this year. i think its impossible that bitcoin will up its price 50% in the year , i am sure that will be going up its price 20% or 30 %. Even 20% rises to $750 is very good for the year end price. That is almost 100% higher than that in December 2015. However, we would like more rise. I think the bitcoin price could be between $900 to $1000 by the end of the year. |
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Actually ETC seems to exist here and keep on having huge daily volume for few more weeks. It is not quite clear from where all those mining power are keep on increasing in ETC. Main question still remain is whether or at what point the hacker will dump all the ETC he have.
There are rumors that the thief will donate them to the new developers of etc! This is only a rumor but if this happens oh God!!! We will see a big increase in etc price. Do you have the source of the rumour? That is a very interesting development. If he donated early, there is no need to hard fork. |
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Do you think it is possible for the Vitalik to dump his ETC to the people who want to keep the ETC?
Done long ago. 115 millions ETC was traded already. If you can extend that logic, then all the premined ETH have changes hands. No original owners own that. |
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I expected ETH to have suffered a lot more than what it has so far, I suppose there is a lot of people with a lot of money in ETH for it to just disappear.
I know one Chinese company purchased about 416,000 ETH last year, so it has 416,000 ETC to dump now. |
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What do people make of this development? And possibilities regarding trading.
It's completely open to replay attacks and is unsupported. Gud luck trading on that. mETH is also open to replay attacks. And i heard rumors of Gregory Maxwell and many other devs actually supporting classic. Can't wait to get my hands on some of those classic tbh. There is no need to wait, if you support the ETC, you can buy a lot out of exchanges. You can also buy some from the DAO hacker in the future. |
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my idea is that bitcoin will be increase its price in End of the 2016 ,i think bitcoin price reach to $1200 , and it good time for buying more bitcoin and hold your bitcoin for the end of 2016 .
The price could be between $900 to $1200 by the end of the year. It depends on the block size increase. |
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If you use the AMD R9 RX480 for the Ethereum mining, you need a properly configured +12V power supply.
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The block size is around 990 kB for some time now. It would be better if the block size capacity to be increased so that we can have faster confirmations.
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The quickest ROI card is the R9 390 considering the whole system cost. That can be achieved by undervolting.
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I do not mine bitcoin directly. I mine altcoins such as Etheruem and sell them for bitcoin. i can use bitcoin to buy things.
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It ruins the economies of the solid northern European countries. The southern states in Europe are already ruined. Look at Portugal, Spain, Italy, Greece and partly even France are only economically surviving because of the current course of the ECB. The negative interest rate and quantitative easing printed too much money and that caused over investment in Euro land. It will ruin the economy.
Those free money from QE will dry somebody if the euro has to be of some value in the long term. |
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Lol btc will collapse then you'll cry cause you didn't sold at the right time, stop taking risks.
That's not gonna happen, I mean not that fast...How will bitcoin would collapse when everyone is buying and saving their coins..Add to that, the bitcoin halving is going to happen this coming July... When the bitcoin halving comes, the price will almost double. The price should be around $800 then. |
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$1000 in January 2017 is very possible. The halving and the block size increase will increase the price a lot.
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