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This fee seems low.
I would post a transaction ID as proof, because this might not get confirmed.
Then again, I'm not great at setting fees and usually go towards a higher fee for faster confirmation.
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RingCT active. Chinese billionaires, Bitcoin hackers and darknet vendors: feel free to start buying massive amounts of Monero and jack up the price. Thanks!  |
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I've gotten payments from freebitco.in but that was a long time ago.
I haven't touched a faucet in a while, only when I was first learning what Bitcoin was.
They are a huge site I would be very surprised that they didn't pay.
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LOL. Nigerian Prince scam has made its way to Bitcoin. Do they also need your photo ID and bank account information?
I doubt anyone will fall for this if they know anything about the way Bitcoin works, but maybe if they send it to enough people, one will fall for their trick.
Making $800 for sending a few thousand emails isn't bad I guess.
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Can you physically fit five cards though?
Depending on the width of the card I think you could definitely fit three, but I think the size of the GPU would be the main factor.
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Buy orders and price have been up the last day or two, traders probably accumulating in anticipation of the network coming back up.
Hopefully we have some info or come back online by the end of this week.
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My prognosis is: 2 weeks and we have a successful assault on the ATH. Then volatile upside, however ending with weekly greens, and a blowoff top around $3000-$4500 followed by crash to near current levels or $1500.
That would certainly be interesting and might generate some more mainstream attention for Bitcoin. I heard a few news stories during the rise and drop last week. A triple in price followed by a huge crash would be exactly the type of story reporters are looking for. I'm not sure what this would mean for the long term future of Bitcoin but it would be fun to watch at least. |
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DIGIBYTE V 4.13.0 The latest version of the DigiByte core protocol is under development and we are planning a January 2017 release date for DigiByte's 3rd birthday. 36 satoshi seems like a good speculative investment for a project that is still undergoing active development. I'm holding some and hoping the new release or one of the projects at http://www.digibytegaminghub.com/takes off and causes a price increase. Even a bump to 100 satoshi would be a 3x return at this point. |
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I thought the recent rise in the price of Bitcoin was due to Chinese capital restructuring for tax purposes as we enter a new year of world uncertainty. The recent drop is probably just a natural reversion to its economic value as the capital flight reduced.
I think this is the most correct analysis. Government intervention into interest rates and rebuying of currency caused the Chinese RMB (Yuan) to increase in value and give investors reason to keep their money in fiat currency. Bitcoin was overheated due to a sharp rise in price and many people saw a chance make a profit by dumping coins. The next few months will be interesting as Donald Trump takes office. Depending on trade policies and the price of US and Chinese currency, the price of Bitcoin could definitely be affected. |
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There are still plenty of tax havens like the Cayman Islands, for example.
Some tech-smart investors will move to new methods like Bitcoin, but most will follow the tried and true methods of hiding their money in offshore accounts.
It will take a while but eventually crypto may become a part of investment portfolios. No one would risk putting their entire wealth in something so unproven though.
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Making an altcoin and starting an ICO is the new version of the Nigerian prince bank scam.
We are going to see a lot of new projects in the next year or two, and many of them will disappear a month after the premine coins are dumped on the exchanges.
Every time someone asks what ICO to invest in, I tell them to just send their Bitcoin to my address.
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Wish I read this post a few hours earlier.
Good call on the pump. Price seems to be pulling back a bit.
Still a good investment at 0.00074?
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we will see slow downtrend down to 750 or even 650 . We might see 500 USD again soon
500 seems a little low. I wouldn't be surprised at a dip to the $750-800 range but losing 50% value seems a little drastic. |
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Trading may slow a bit for a few days as people take time off or go out of town for vacation.
Of course the hardcore traders will still be active but the little fish will be less active.
Price will probably stay around $900 or just below for the near future anyways.
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For it to truly be a "bank" you would need some form of insurance against loss.
In the United States we have the FDIC which insures up to $100,000 of loss on any account.
Until you have some form of insurance that your money can't just suddenly disappear, there really isn't any advantage over just keeping your Bitcoin in a secured wallet.
You may also need to provide some sort of percentage based interest earnings, which means the bank would also need to be giving loans to earn interest for other customers and the operators/ shareholders.
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There is definitely a bit of manipulation going on from some of the Chinese exchanges, but I think there is more manipulation of Chinese fiat currency.
Interestingly, the price of Chinese RMB (Yuan) has a HUGE effect on the price of Bitcoin since so many miners and large exchanges are located there.
We should be talking about the need for greater de-centralization, because until that happens, the price of Bitcoin will be mostly influenced by China.
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Chinese Yuan gained 1% yesterday and lots of Bitcoin holders cashed out between $1000 and $1100.
This caused the drop in price to the $800 range.
The government is working hard to keep the value of CNY/RMB high.
With president Trump promising to change trade deals the next few months could cause a lot of uncertainty for the price of Chinese currency,
and there is no telling what effect this could have on Bitcoin.
It will be interesting to say the least.
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Is there any explanation why BTCs down movement triggered a down movement for XMR?
Yes it was interesting to see the price of Monero mirror the price of Bitcoin during the drop. Anyone have an explanation why the price has been so closely tied to the value of Bitcoin? |
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Chinese Yuan was up 1% yesterday as the government raised interest rates and government banks bough huge amounts of CNY in an attempt to keep the price up.
Chinese Bitcoin holders probably cashed out a huge amount of coins in an attempt to get Chinese fiat that will increase in value.
Price is almost back to $900. Might be a good time to buy some Bitcoin since we could easily see a return to $1000, although that would be a few weeks/ months from now.
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