Gotcha!  thanks for your reply, please insert a reference when you use it  Hey Anon, that post on that blog is not mine. I just posted here on the forum. Hi trader buddy, I love to see your latest promotion. Looks cool. Would be even cooler, when you use our header-design, if you link to our page http://uscore.netWe built the image and would love to get some reference links Would you mind to do us a fair favor and link to our page in your postings? Thank you man and all the best! regards, an of GRCnation |
|
|
|
Hey Anon, that post on that blog is not mine. I just posted here on the forum. Hi trader buddy, I love to see your latest promotion. Looks cool. Would be even cooler, when you use our header-design, if you link to our page http://uscore.netWe built the image and would love to get some reference links Would you mind to do us a fair favor and link to our page in your postings? Thank you man and all the best! regards, an of GRCnation |
|
|
|
Cold?? what do you mean? I think if Bitcoin can be valued against something other than fiat we can start making progress. Anyone got any ideas?
How about cold |
|
|
|
This sounds interesting, I am not very familiar with SuperNET, but I will let the developer of Gridcoin know. Hello everyone! To allow the SuperNET ( www.supernet.org, MultiGateWay, InstanDEX, ...) to support this coin I would like to kindly request the following data: Default RPC port Minimum transaction fee Estimated block time in seconds daemon file Exact spelling of the conf file with path for Windows Mac Linux ## Example (Bitcoin) Default RPC port: 8332 Minimum transaction fee: 0.0001 Estimated block time in seconds: 600 Daemon file: bitcoind Exact spelling of the conf file with path for Windows: Bitcoin\bitcoin.conf Mac: Bitcoin/bitcoin.conf Linux: .bitcoin/bitcoin.conf ## Currently we're looking for successful coins compatible with the Bitcoin RPC. Please reply to my post here or write an email to info@supernet.org, or use this form: https://docs.google.com/forms/d/1zIxff1hXiSC3MkQRXtkBe3KOymVaAp8NYwpYyuXRYPo/viewformFeel free to send the data for any other Bitcoin RPC compatible coin you would like to see supported by Supernet. If you would like to be invited to sprnt.slack.com, our main communication platform, please send me your email address. All the best, noashh info@supernet.orgChat: chat.supernet.org |
|
|
|
|
I think if Bitcoin can be valued against something other than fiat we can start making progress. Anyone got any ideas?
|
|
|
|
|
This thread is getting way off course. LOL
|
|
|
|
I am in full agreement. Bitcoin's value should not be based on fiat, Bitcoin was meant to replace it. Honest money! ...how do you explain the first few years? It was worth only a fraction of a cent and now it's over $260.
... ... I've invested in Bitcoin because I was betting that someone (such as yourself) will buy my coin from me @ a higher price. So did everyone else who has made money on Bitcoin. There you go with your assumptions again... I can't help that you got into bitcoin for the wrong reasons, that is not the reason I got into bitcoin and that's probably why I'm doing so well The only way you could have made money with Bitcoin is by selling it. If you have, my apologies and congratulations for getting out in time. What I did was realise the potential of bitcoin after doing some real investigation into the technology (whitepaper etc.) and when the price went up I bought mining equipment to support the network because I believe in the technology; I'm not just after profits. 2 weeks ago I also bought 3 trezor wallets in order to support those supporting the community and technology and I will continue to do so. My aim is not to use bitcoin to trade for cash (that shouldn't be necessary), I will only use it to buy things or as a long-term store of value because that's what it's meant for. I learned a long time ago that if you do things for the right reasons they have a funny way of working out for you. |
|
|
|
I think once the boys on wallstreet get those Bitcoin ETFs up then we can look forward to bubble world. Till then, we will slowly drift lower. The one other thing that might spark a Bitcoin rally is financial system instability in Europe/USA or any other developed country. Once people get spooked they will run towards something, and I bet Bitcoin will be one such safe haven. merchants dumping is good to help prevent bubbles. You greedy bastards just whine because you don't get a bubble now.
There will be a bubble.... eventually. |
|
|
|
|
I think for 2015 it will be the same thing, retailers selling their stashes unless Bitcoiners stop spending their bitcoins. If that happens we may start to see a turn around. The lower the BTC/USD exchange rate goes the less appealing it is to spend your Bitcoin. So it is also possible we see a reversal!
|
|
|
|
Yeah LOL, when Bitcoin was going up everyone was quoting the exchange rate, now that it is down somehow it is less indicative. Haha. I wish Bitcoin was valued in terms of something other then USD, but so far I haven't thought of anything else. you cannot make any assuptions on true demand or true supply. or true value...
because the indicator you all only see is the price. and this price is so fake you dont realise it.
just look at the exchanges. they are not moving 13million coins. they are not even moving 1.3 million coins. they are not even moving 130k coins...
the exchanges are moving less than 1% of the market cap. infact its less than 1 tenth of a percent. so trying to link exchange movements to proper market trends of the whole 13million coins is utterly obsurd!!
open your eyes people, the exchanges should not be the value bases of bitcoin
Exchange rates are currently the best indicator we have of the fiat value of BTC. During extreme bull markets people do tend to overpay (with cash) at localbitcoins. |
|
|
|
Also other brokerages that allow buying and selling Bitcoin on margin are not helping either. It just creates excessive volatility that is only good for speculation. At some point, businesses insta-dumping will drop the exchange rate so low that they should start hoarding it and setting the rate themselves by reselling their own BTC at a massive profit.
|
|
|
|
That is a possible scenario, one other thing that might serve as a catalyst is a major worldwide financial system instability/conflict which I think is very likely at some point in the future. But retailers are definitely not helping the price, they would be carrying a pretty big risk if they are not hedged in some way. I am hoping this is just teething problems but I am starting to doubt it. Shame really as these low prices are putting off all the people who invested in the last year.
A year ago there was all the talk that 1 Bitcoin will be worth 100k etc which caused a temporary boom of people buying for investment but now it is slowly going back to the same normal trading.
So now we are left with corporate adoption but now waiting for some serious hardware/ software to get the sheeple/ ordinary folk to start using it more and therefore buying it more and believing it more. They wont do this without some better gadgets and ease of use etc.
Until more development happens it will slump back down to the 50 USD mark I would imagine.
|
|
|
|
I wrote this article when the exchange rate was @ 800, look where we are today. Those large retailers are not holding their BTC. They are dumping it on the market! I think that the more Bitcoin will be adopted, the bigger the price should be because Demand will increase. |
|
|
|
Hey Rob, nice to see you make an appearance on this thread. I been trying to keep this bad boy going for ya! I am very excited about the POR GRC making it to the exchanges. I think that will be a pivotal moment in Gridcoin history. I apologize for not being able to spend as much time as I would like here - Greetings everyone! Thank you everyone for keeping this coin alive and this thread rolling. 3 Billion and now we are on the first page of boincstats! Amazing news! Anyway, I wanted to stop by and give a couple of updates now that the skies are clearing: 1) After our long delay I think we are 7 days out from listing research on the exchanges; I am reaching out to the exchanges today to get reacquainted. 2) CryptoBlox has graciously agreed to provide our GridcoinResearch block explorer; we are now working together to compile it. 3) Regarding Mac Builds: The code does compile on a mac and has been tested; the latest build works perfectly in linux on QT & Headless; we need a volunteer configuration manager to do regular builds so we can link to the compiled Mac versions. Happy New Year! Rob |
|
|
|
Their last announcement was on the 10th of October, after that nada. Anyone heard from these guys? Did they run away with all the equipment? LOL
The equipment is obsolete long ago, it has no value. |
|
|
|
|
Anyone heard from these guys? Did they run away with all the equipment? LOL
|
|
|
|
|
It is too early to tell where Litecoin is headed, wait till the first block halving occurs. We are still in the very early stages in this whole crypto game. Bitcoin is paving the way right now, a few alts will follow suit and I am sure Litecoin will be one of them. A few others will also be adopted, I am not sure which ones however. At this point that is impossible to predict, too many unknowns.
|
|
|
|
|
Show Posts
