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This just seems to be getting crazy. Is Bitmain solely trying to flood the X11 market to stop other manufacturers from getting a toehold? I can't imagine there will be much profitability for these most recent batches once they arrive, but I guess that's what we always say about a new miner?
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Btctalk name- Savik
Rank- Member
Current post count- 107
BTC Address- 17R3avxhzV5UyvTryz3gB4r42tLwnCprFZ
Wearing appropriate signature
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To be totally honest, I really dont get what you all see in BTC or BCH or whatever.
Also, I really can't imagine there are people who are putting their sallaries in something so unpredictable, manipulated, hijacked like BTC or BCH or whatever.
Yesterday I've read that some next-door Joe Doe "is extremely excited" because he bought his first BTC... throwing 4200$ into something like this looks extremely crazy. Am I dumb or I'm missing something?
For example, from my perspective LTC looks like super cool coin with segwit, big blocks, chinese support and so on, but everyone's rushing to buy mega overpriced BTC or this unpredictable BCH.
Is that sheep (network) effect or what?
lack of research, read more and you will see. the whole crypto fundamentals are at stake here. IMHO BCH looks interesting, but why everyone's so silent about it? Where is the "roadmap"? What's upcoming? Where are devs? Who are they? I'd be more than happy to invest in "real BTC", but all I see is anti-BTC propaganda, where are "fundamentals"? For 300$ I can simply buy ETH which is way more transparent with loads of upcoming features. I'm not trolling, just asking for a honest answer. Because those at the top of the food chain don't want anyone else to buy just yet. They are snatching up all the cheap BCH they can. It has been incredibly stable around $300 for the past week when most everything else has seen a bit of volatility. Volume has flattened out, and I suspect we will climb the mountain very soon. |
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Hope you guys are right about BCH. I went against the crowd when the dump hype began, and bought instead. I thought I read somewhere that August 15th Bitmain/ViaBTC would make a decision about whether to support/pursue BCH further. Anyone hear something like this? It does seem like a lot of whales are gobbling up BCH, and that last graphic was proof of it. Fingers crossed.
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Quick Q- Does BCH have a regularly scheduled difficulty adjustment at 2016 blocks like BTC does? I understand the emergency DA with the 12hr MTP stuff, but wondered if there was a normal DA as well.
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I've done a little research on this one and it looks very promising. I agree with the concept that healthcare data breaches are a serious and growing problem that needs to be addressed, but are there any similar companies (block chain based or not) that focus on the same problem? What sets PTOY apart and why should I invest?
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I also received the same email from Bitmain. I wasn't expecting my miners to ship until end of Aug/begin of Sept. So this is a surprise.
Lets hope this trend continues. I have one of the very last Sept batch order that I would like to get ASAP. |
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The only way we can use BCCthe way it was meant to be used is to hold it, increase the worth and therefore increase hashing power when more miners want to take it on.
Agreed, the profitability equation is starting to shift. It was 200%+ more profitable to mine BTC, but now its down to 75%. Once it flips and becomes more profitable to mine BCC then this will really start to gain. https://cash.coin.dance/blocks |
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Seems like the Bitcoin Cash is pump it up. Why is that suddenly. Maybe any news regarding this Bitcoin Cash or just people just start buying it
Don't know but its on its way down now This is OK. I don't want to see some gigantic spike like the other day and then crash down to the starting point. 3 steps forward, 1 step back is good for the long steady climb. |
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BCH is going up pretty crazy today. Any reasons?
Market demands a Bitcoin that actually works and isn't tainted by segshit. Flippening incoming once Bitcoin Cash becomes more profitable to mine. That would definitely be a huge deal if/when it happens. The profitability equation is getting closer and closer. Matter of time. https://www.coinwarz.com/cryptocurrency/?sort=profitusd&dir=desc |
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Hi all,
Long time lurker, not long poster.
Has anyone thought of the possibility of a big (or small I guess) company such as, Microsoft, Apple, Amazon, Dropbox etc, coming along and they just have to have the coin/token to implement into their business or stop a rival getting hold of it etc. They want it all and they love that it's in use and well adopted.
They buy out the owners or company, maybe Sia for storage as Dropbox want it etc, where does that leave the coin/token? Do we remain stakeholders? Does the price just go up/or down depending on how well it goes in the crypto world? Do we get a share of the new business?
I guess it's where traditional shares and crypto/blockchain together.
Maybe I'm thinking too much into it, but it could happen, couldn't it??
Thanks all.
I would assume a Microsoft type company would buy the Siacoin company, not the actual Siacoins. Buying the company means they can hire/fire anyone and completely change the direction the coin is going in terms of development. Its not the same as a stock market where a company buys another company and the shareholders get a stake in it. We are not shareholders in Siacoin, we are just consumers. It would be like Coca Cola getting bought by Amazon. Just because you have a can of Coke sitting at home doesn't mean you get a stake in the new combined Amazon/Coke company. |
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Everyone can huff and puff all they want, but price actions do not lie. BCC price chart is a total disaster - it is on a straight downward slope with no support in sight. All the fanatics can spam all they want, but until you put up your money and start buying BCC to provide some support on the buy side, it is dead. What's that? you dont want to spend your fiat or BTC buying BCC? yeah that's what i thought.
What's going to happen is volume will dry up from the initial 1-2 weeks of mayhem, while a constant stream of latecomers will continue to sell their BCC on the exchanges putting downward pressure on the coin, until everyone gives up and stop caring. Like what happened to dogecoin and almost every other altcoin who was created without a purpose. It will be a slow death by paper cuts.
I do wish someone will just constantly fork the BTC chain to create more of those worthless coin types that we can dump to wide eyed newbies on day 1 before price crashes.
PS: the bigwigs who holds large amout of BTC hasnt even moved yet, all those guys have their BTC in cold storage, and value security over everything else. Once things stabalize, and if there is still some value left in BCC, you can be sure they will take it all off the table by dumping their share of BCCs, after all who doesnt want free money.
Fun times.
Yes yes, we all know how wonderful the BTC chart has been over the years  The two biggest drivers for BCH are the unified dev team behind it, as opposed to the fractures in the BTC team, and the support of big businesses like Bitmain. Say what you will about decentralization, but centralization has its benefits too when it comes to an investable currency. |
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Very interesting article, but I doubt BC will ever see another EDA scenario like we saw already. |
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Well i hope not, i sold all my BCH as soon as i got them on the exchange. Sold mine for $500 so i could potentially buy them back and a bit more at the current rate.
Yea, its a wild speculative gamble at this point. Flip a coin to see where this goes next. $1000/coin or $0/coin are almost equally likely |
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BCH block times are coming way down, mining profitability is almost the same as BTC. Hash rate starting to climb significantly. Interesting weeks ahead for BCH.
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I think it's inevitable for US based exchanges. They'll have to be regulated or move out of the us and not sell to us consumers. This will definitely spook people. Keep your coins in your wallet and not on the exchange. But some of the people in US try to use VPN or another. There is some exchange site based in US such as polo and coinbase. But i prefer to use the canadian exchange such as kraken or russian exchange. It will be safe in my opinion. Doesn't matter where the exchange is located, as long as they sell to US based customers they have to follow the SEC laws. Beyond that, all it takes is one decent sized exchange getting busted and fined or shutdown for there to be mass chaos in the market. |
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My favs from your list are BAT, CVC, STEEM, GAME, SC because they have a more tangible use in the real world as opposed to a virtual currency that isn't accepted anywhere yet. Bitcoin and maybe Litecoin will be the currencies used for transactions, the rest of the currencies are marginally useful at best.
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What do you guys think of Etherx ? I dont know much about its promoters etc. but it is on $7.53 which weird given it is a new coin.
Price per coin is irrelevant, Market Cap is the true value of the coin as a whole. Ripple is $0.18/coin and Litecoin is $46.32/coin. Ripple has almost 3x higher Market Cap vs Litecoin, but a fraction of the price. Market Cap = Total Coins multiplied by Price per Coin. |
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Hi All,
I know the market may be at its peak currently. Any recommendations on which crypto currency is untapped and can be invested at the moment and why ? I usually look for promoters and reasons on why a crypto or blockchain will do well in long or short term.
I bought some BCH but sold it since the prediction seems to be it will go down to $100.
I bought some ripples and ethereum.
Which website or resources or commentary can be trusted when speculating or going for short term trading ?
Any inputs from the experienced brains will be appreciated.
Thanks,
Read white papers and do your own research if you want truly big gains. Following the herd on here will net you small bumps here and there, but finding a diamond in the rough before everyone else jumps in is where fortunes will be made. |
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