So guys, what do you think about McAfee prediction - will Bitcoin jump to $500 000 till August 2020?
Prediction is a free state of saying anything you wish, and which can and might not be archived. Three years from now is too close to make or expect such a high prediction I know anything can happen, but $500k is too high within such a short time . Prediction is not at all "saying anything you wish". A real prediction has plausible reasoning to back it up. And in the case of McAfee his prediction is based on exponential growth. That type of growth is very common in disruptive industries and has been seen before. Thus, while it's unlikely that we'll harpoon to an 8 trillion market cap in 3 years, it's certainly not impossible. |
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I am constantly discriminated because of my sex. Because I am a man, nobody is smiling at me, they are all smiling at the women. Also, nobody is inviting me out for dinner, which again happens to the women very frequently. And the women can dress like a man and if they do they get even more respected but if I dress as a woman I don't get more respected at all. We have to do something against this discrimination at work.
Exactly! Whenever I go out nobody wants to pay for my drinks either! |
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thank so much i will join to bounty campaign of project that you showed
I recommend doing more research, there are better projects out there. hello friends, give me some methodes to research an ICO, so I can know an ICO is good / potential or not. I am very confuse to choose, too many ICO in this year Analyze the Whitepaper and every bit of information that the team presents very carefully. Does it make sense? Are there any gaps? Did they properly analyze their target market? What are their competitors? What are their advantages? How likely is it that the project will succeed? If it succeeds, what will the revenue be in 1-3-5-10 years? Is there any point in owning the token? Just ask as many questions as you can think of. The more questions you ask and try to answer the better you will get at this. There is no fixed way to check which projects work and which don't, which is why diversification is important. Also, don't invest in anything you don't understand 100%. wowww the explanation is very complete, it is very useful for me to research and know an ICO, whether an ICO is good or not. ok, thanks for the explanation You're welcome, hope it'll be of help to you! You can use the same approach for VC and stock market investments by the way. Or even for learning random things, asking questions is more than 50% of the learning process. |
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hey guys im a bit new to this im wondering wich crypto is the best to start with if i wanna mine... my graphic card is a Nvidia gforce Gtx970
Hello and welcome. None if you only have one GPU, especially if it's an old one such as the 970. I don't recommend mining until you have well over 100k invested into crypto. And even then, mining is only worth a though if you pay 3-5 cents per KWH. Otherwise don't bother, since you won't be able to compete with the industrial scale mining farms (they drive the price down to the break even point). thanks. i guess i should focus on the other thing my roomate told me about, the one where you just leave ur wallet always open and at some point i get a pay out im still reading on the subject but thanks for your honestly guys That's called "Proof of Stake" (PoS) "mining". With that you get an amount that depends on how many coins you have in your wallet. So the more coins you have, the larger your reward will be. Of course that also means that if you have few coins you won't be making a lot. If you speak multiple languages you could also look into translation bounties for earning some extra coins if that's your thing though. But the most profitable way of increasing your wealth is through investing, so I recommend reading up a lot. If you're strong at Mathematics this will be very easy for you, otherwise you'll have to study a bit harder, but in the end it'll be worth it. I would only go this way if it's interesting to you though, there's nothing worse than doing something you hate just because it makes money. |
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These are not startups and these are not companies and you are not investors and none of this shit is decentralized.
Alright. This line just proved beyond a shadow of doubt that you don't even bother reading responses and that you're just looking for an excuse to unload your walls of text. Too bad, I thought you were going to be interesting to argue with at least, but I guess I was wrong. |
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Fly to mars.
Need a few more years for that. There may already be secret tests of such flights. But even if it is technically possible for a poor person not to have enough money for such a flight. Poor people will only die during the war I don't think it's possible to have any "secret" Mars flight tests. Somebody would notice very quickly. But anyways, the first people will be flying to Mars around 2020 thanks to SpaceX. And from that point onward the population will grow quickly and the price of traveling to Mars will decrease. I'm pretty sure that the coming generations will be able to move to Mars if they choose to save up for it, regardless of their starting position in life. Might be difficult and/or take a long time, but definitely doable. |
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In the next 3 years I surely that the exchange rate of BTC will be higher than current but to reach $ 500k is absolutely impossible. I realize that the BTC price is gradually reaching the peak, the maximum will be only $ 10k  It shouldn't be impossible and isn't, it's probably not probable though, especially considering three years is such little time and there will still be plenty of coins to be mined. The more exclusive Bitcoin becomes the more in theory it should be worth so I would think that these figures would be closer to the small percentages of Bitcoin left to be mined. I love your wording, lmao. It definitely probably is not probable. We'll easily crack the $10k well before 2020 though. |
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In the next 3 years I surely that the exchange rate of BTC will be higher than current but to reach $ 500k is absolutely impossible. I realize that the BTC price is gradually reaching the peak, the maximum will be only $ 10k It will definitely be higher than $10k if there is no significant attack on crypto from many governments at the same time. And Switzerland is already trying to play into its image as a world leader in finance by promising very lax rules for crypto related businesses, so it's not extremely likely that cryptos will get attacked successfully. |
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BTCMILLIONAIRE, yes, that's an excellent approach! I do the same but preferring to have a breakfast and maybe (if skipping breakfast) lunch at 'home' - and to dine out in various places at evenings or nights.
Last time I rolled all down from Colombo, Sri-Lanka to beaches in the South of the island, them after enough of surfing and 'looking at whales' we went up to their mountains there and stayed for a few days in Trincomalee (after civil war Northern part of Tamil Sri-Lanka). And me and my Wife were tired after that run around - and stayed back in the capital city Colombo for 5 days, And we stayed there in 5 star Cinnamon Hotel, in Colombo. That was awesome to leave our 'backpackers+' traveling style and stay in a really nice place.
Did the whales pump any coins?  I love hiking in the mountains when I happen to be near some. Wish I had more time for that. There's also an island in Japan that I want to visit, with naturally glowing mushrooms that look quite surreal, and dolphins that you can swim around with. And breakfast isn't really possible for me, I can't get up in the morning no matter what. So I usually don't book the rooms with breakfast included because I know that I will only go once or twice at most. Fortunately the scrambled eggs at breakfast buffets suck, they lack caramelized onions and cubed bacon, so I don't feel like I'm missing out on too much there. |
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Better get your MCOs now before the next buy wave! Many people will want to get those 50 MCO cards locked!!!
Not if the fees don't get distributed among token holders, since that's not what was promised during the ICO. Prices will probably still pump because crypto is full of greedy monkeys. But I'm definitely going to dump my bag when the price increases the next time if the asset contract doesn't get addressed properly. |
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Are there any rewards for holding Monaco like TenX having staking rewards?
Not anymore apparently... |
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Seems like we're on the same page then. It's just difficult to really work things out sometimes, since language is extremely ambiguous in nature, so the dialogue has to bounce back and forth a few times to clear everything up when it comes to more complex topics.
Agreed. I think we are on the same page now. Thanks for a great discussion. It has helped me think through the way bitcoin, currencies, and economic systems work more than I have in the past. Now with that said, I'm not sure we can talk about a bubble. Since there's no efficient price finding mechanism in place for Bitcoin yet.
Until enough people hold Bitcoins for the exchange rate to stay relatively calm during market movements we won't be able to make any accurate estimates about "the value" of Bitcoin.
I have a few thoughts here. First, technically speaking, there is indeed no proper way to determine a bitcoin's value, so there's no way to say definitively that we're in a bubble. Second, one could argue that since bitcoin doesn't really have the backing of an economic system yet, as we discussed, it's one of the biggest bubbles in history today. However, that could completely change in the future if/as adoption continues to grow. Third, one could look at bitcoin's history to make "informal bubble calls," meaning that price has gone too far too fast and is likely to undergo a very significant correction (e.g., 50%+). I tend to look at bitcoin bubble discussions using all three views, but I think that #2 and #3, if used, need to be discussed in the context of #1, meaning that we first should acknowledge that it's not possible right now, by definition, to say whether bitcoin price is a bubble. So I think we agree there. It will also heavily depend on whether Bitcoin is used as an asset only, or as a currency for daily purchases, or even as the "fundamental" currency against which every other cryptographic asset is traded against. If it's traded against traditional assets (or if traditional assets make their way on the blockchain) the total value could easily crack the trillions.
But that involves so many factors that it's hard, if not impossible, to tell when or if that will ever happen.
For reference, the largest stock exchanges are around one trillion in size each. So if Bitcoin was the gateway into all cryptographic assets a value of one trillion wouldn't really be high in the coming decade.
If it was used for daily exchanges that would be several tens of trillions. If it was both, then we're starting to approach one hundred trillion. But it could also find itself replaced at some point.
In either case, since we lack a price finding mechanism it's not really possible to talk about a bubble. There are plenty of ways to justify prices 10 to 1000 times higher, but nobody really know if Bitcoin will take any of these ways yet.
Yep, I think this all makes very good sense, and it's a well-balanced view. Very valid points indeed. It just gets a bit difficult to really have discussions on this forum since the terminology gets heavily conflated and used improperly. But point 3 is probably what most people mean on this forum when they talk about a bubble (which is just a market reversal). Point 2 is a very nice way to look at it: Either we're in the biggest bubble in a very long time, or there's no bubble at all. Hopefully Bitcoin will be here to stay for a very long time though. And it's certainly true that we need to look at the first definition from a perspective of the other two. Otherwise making any kind of sound judgment about investments would be completely impossible and resemble gambling instead. |
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waves platform is underdeveloped against ecr20 but has big potential , but the development is slow and the value of waves token in exchanges which is not stable is not a good sign either.
It's possible that they are going to do a "bulk" release of updates instead of doing small updates. If that was the case there could be a massive pump. But I wouldn't hold my breath for it. After all, it has been a while since anything happened with Waves. |
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No. If you had 10 Bitcoins I would recommend keeping some (depending on how much money you want to have at least by 2020) and investing the rest in ~5 strong altcoins.
Now, if you had 100 Bitcoins you could start thinking about mining.
BTCMILLIONAIRE, Regarding 100 Bitcoins, are you talking about economy of scale i.e I can get better pricing on equipment and bigger facility? Here is what I don't understand. According to this website, I can get a S9 Antminer with payback period of 137days - https://www.cryptocompare.com/mining/bitmain/antminer-s9-miner/. Let's assume the worse case and that the difficulty goes up 2X; hence, I will get my money back in 274 days. After one year, I should have a bit more bitcoin than when I started out assuming no equipment break down, cheap electricity, and etc. In the second year, I should have more bitcoin plus free equipment working for me. Am i missing something? If, I hold bitcoin, I would have the same number of bitcoin regardless of time. You aren't missing a thing at all. No reason to mine. Buy Bitcoin and sit on it. Nothing to see here at all, move along. LOL Oh man, these people who just want to be day traders and say there is more in it to sit on it and invest/trade crack me the fuck up! You are right man, get your s9 if elec is under .10 and run the shit out of them. I do have a strong feeling new equipment is coming. VERY SOON. But even then, a s9 will make its BTC back given time. Hell I still have s7's up that make a marginal profit!!!! Scrap' I don't trade. Trading is pointless since it triggers taxes at every flip. If you choose to evade taxes you will never be able to use profits, and if you pay taxes it won't be worth your time compared to reaching the relevant holding periods for tax exemptions. But nonetheless, mining is worse than just buying and holding. If you're extremely risk averse then sure, go ahead and mine. But in that case there are better assets on the stock market. Mining is one of the best source of bitcoin and this method is not worst if you have good hardware and can produce good akount of bitcoin everyday which can cover up the tax and electricity rate with excess amount as your income i think much better to buy L3+ antminer and continue to mine bitcoin for your future. Did you actually do the Math? It's not worth buying ASICs to mine Bitcoins anymore. |
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Monacoin will die in the next month's
ok I'll be waiting Can I join you? Or do you prefer waiting on your own. |
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To be frank i was expecting a more faster climb to the top after the fork than this constant dance around $300, Ether is fast, and has great dev and tech behind it, i don't see why we can't hit the big target.
Transactions speeds are faster, believe it or not eth blockchain and its ECR20 standard have become the most popular technology for numerous tokenized projects, reaching a market cap of over $30 billion. Eth needs to be more than just a tech, ether is the top choice in terms of applicability and functionality, so maybe if the developers where to make eth more transaction based currency, used as method of payment just like btc, will put ether where it should be. Just saying.
We're not moving anywhere because ICOs sell their Ethereum and thus drive down the price in roughly equal proportions to the Ethereum bought with the sole purpose of investing it in ICOs. And miners are taking care of the gap that projects hodl as a reserve. I wouldn't hold Ethereum since it was specifically designed to invest in ERC20 tokens. |
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Altcoins are dying and some will be dead. Bitcoin murdered them and now I want to murder my self.
I feel how you feel I am 75%+ in alt coins and this massive surge has taken a huge toll on my overall BTC value. But if one thing is keeping me optimistic is that the market goes through cycles and when this bear run is over and another bull run hits that should be good enough to undue the losses in BTC...or so I hope. Depends on what coins you've picked. If you chose realistic projects with promising real-world revenue you can just sit back and hodl. Otherwise you might have some trouble a few bull runs in. |
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I think the world is on 100 years
In to the future will be mastered by
Modern technology.
So exactly the same as every 100 years of human history then? What an insight! |
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Been patiently holding this coin for a while now. I think it must be time for a double up at least Sadly there is no reason for the pump. There might just be too much hype for this token which is why there are just so may here who are going to dump SNM once it goes back to more than $0.10. More users right now are trying to have some stash who will also dump, this token may seem to take more than a year or two before it will spike up to $0.30 If you really think that, you should read their whitepaper and roadmap, this coin will be over 1$ before Q4 of 2018, and over 5$ before Q4 of 2020 It's really hard to tell if people are genuinely clueless or if they are deliberately trying to manipulate public opinions... It's pretty obvious that we'll crack 30 cents much earlier than 1-2 years. based on the amount of shit I've read on this forum, I'm guessing it's the first one. It's not that people are stupid, it's that they're too lazy to actually put in the work and read up on a project, or to google the team members, or whatever. It's easy to determine the potential once you read basically everything there is to know about a business and its managers Yeah it really is surprisingly easy to identify investment opportunities. Takes a lot of time, but it's not hard at all. I spend most of my days researching markets and doing very basic Math to estimate portfolios. The recent MCO announcement just showed how little attention people pay to details though. No more fees to be paid out to token holders and people act as if it was no big deal. I guess a share of a potential multi-billion dollar pot is no big deal, eh? Wasn't that a necessary step towards getting listed on bigger exchanges? I know Bittrex doesn't want dividend tokens so that was a problem, plus the company isn't actually producing anything for the time being. Maybe they'll reintroduce the dividends once the company has a real product. That was one factor. Apparently there were legal issues with the US as well. But there should be some workaround anyways. Or at the very least some new perk for token holders. Because as is, it is not just dishonest, but also potentially highly damaging to the crypto scene as a whole. If people just end up promising everything in ICOs and then delivering almost a fraction to nothing "because muh regulations" ICOs will become the laughing stock of the world, just like politicians before them. Why would anyone believe or invest in ICOs if they can make up shit for their fundraiser and then not deliver on it afterwards when they already got all the money? |
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as for me, even though we are witnessing some kind of economic development, but about subtle structures such as the soul, ethics, conscience - they were scored ... what is the progress then?
That's up for the individual to decide. I wouldn't expect too much self-awareness out of a world that pays more attention to what authorities say than to their own inner voice though. |
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