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More hashing power,but more electricity consumption at the same price.I don`t see any improvement of the efficiency.I want less electricity consumption and a cheaper price,so Bitmain remains my number one choice.
The bitcoin miners are getting more and more powerful,but that isn`t actually a good thing for the environment.
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800 altcoins might be dead,but their devs are waiting for the next big bull trend to create and pump another 800 coins.The 70% btc drop from it`s max cap isn`t something shocking.Back in 2013-2014 bitcoin price dropped from 1300 to 200 USD.This is more than a 70% drop.
The crowd doesn`t have the thing called "memory".There will be more bubbles and more pumped coins.
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There`s no such thing as an "underwater" newbie.When the price does down,they just sell everything and leave the market with loss.  Probably 1 out of every 100 newbies refuses to sell,when the trend is bearish. Anyway,trading crypto is like playing poker.You just wait for the right time to strike. |
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I`m pretty sure that those transactions won`t be anonymous.Mastercard will track everything.They just want to incentivize people,who like anonymous transactions to use their service,but actually this is a trap. Why nobody is blaming Mastercard for money laundering?Because they are too big to fail. FBI and CIA are watching. |
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I heard that banks want to be involved with bitcoin but they can't since the price of bitcoin is so volatile. As a result the fall in bitcoin price is a way of ensuring that it becomes stable so that banks can work with it. How true is this?
It`s a lie.The banks don`t want to get involved into bitcoin.Some banks just want to implement blockchain technology to hanlde their transactions and the process of storing information.This has nothing to do with bitcoin.Even if the BTC price falls to about under 1000 USD,that doesn`t mean that it will become "stable". |
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I made a x5 on selfkey at the weekend and looking for other coins to invest in for medium term I think I may have found one bit its not on the major exchanges so I need to create a new account with an exchange it has to be yobit or Hitbtc. Hitbtc looks like a nicer site but my main concern is scams and been able to withdraw btc if I make a profit I have red bad things about yobit in this regard
what are peoples experience with them are they trust worthy and what are their fees like
Thanks all
The choice between yobit and hitbtc is like choosing between and devil and the satan. Just kidding.It`s OK to use them both,but only with small deposits.Deposit a big amount of btc or any other altcoin,and they are GONE.Yobit is the number 1 place for pump&dump altcoins and HitBtc has many bad reviews about their customer support. |
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Combination of gold and crypto?Is this guy suggesting something like Tether,but backed by gold?
I don`t like that idea.The bad money will replace good money in the process of trading goods and services,so bad money(US dollar) eventually wins.Unfortunately,nowadays all the currencies are inflation friendly and unstable.A stable currency just won`t survive,it will turn into a safe heaven type of asset.
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I see that the price of $BTC went from $6300 to $6600 very fast. I'm wondering why that happened and if that's a bullish sign.
Since we did not go under $5800, it feels like the bearish market is starting to run out. If we continue to hold at these levels, is the bullish market coming sooner and faster than expected?
Also, I wanted to ask how Bitcoin Future Contracts work and if there is a possible relationship with the price jump. From what I understand, people agree on Bitcoin future contracts by agreeing on a price and time to sell BTC for? Is that correct? Or could someone give a short explanation on how they work and how they can affect the price?
A futures contract is when the buyer and the seller agree to trade an asset at a fixed price in the future(after 6 months for example).You and me can sign a contract and agree to trade BTC at 6000 USD after 3 months.But,after the months,the BTC market price might be 10,000 USD,so the futures contract buyer will buy the BTC at 6000 USD and sell it at 10,000 spot price.If the BTC market price goes under 6000 USD,the futures contract seller gets profit. And no,the current 300 USD price increase is NOT a bullish trend. |
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So saw many self airdrops of ERC20 tokens and wave platforms in social media. They would promise their investors a cheap token price purchase, and in turn promise a good listing price at the exchange. 98% of these self airdrop never make it to exchange, and the few that get listed in a decentralized exchange get pumped for 2hrs and there after dumped forever. Why do you think people still patronize these scamming project and not study good ICOs and buy?
Because they all are chasing what I call "the next shiny object".By the way, you shouldn`t generalize that much.There are smart investors,who do their research and buy tokens from the legit ICOs.Most of the stupid investors just buy $20 token shares here and there and expect some token to be the big winner for them and skyrocket it`s price by 1000%. |
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I foresee it coming, it keeps on ringing in my ears with series of flashbacks. It will happen like a speed of light in a vacuum. Most bitcoin holders will betray bitcoin one day, they will see no value in bitcoin again, they will dump bitcoin and call it all sort of name, with all these i know there will be holders who will follow bitcoin till death apart. They will hold on no matter how tough things will be for our mother coin.My question is which side will you be?. LONG LIVE CRYPTO, LONG LIVE BITCOIN.
I will sell all my bitcoins when the price is good.What`s the point of HODLing your bitcoins untill you die. It`s not about "betrayal",it`s about getting profits from bitcoin.One day, all the BTC users will find that bitcoin is no longer valuable for them or for anybody else.Of course they will dump it.So what?Life goes on. |
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I want to buy 10 Btc but as of now so many regulations are coming in INDIA. so is it safe to do the transaction from my bank account? Or I should opt any other method? and which exchange is the most reliable?
OP,don`t spam your topic all over the forum.I see the same topic in other sub-forums. Anyway,I don`t think that the indian authorities will track your bank or btc transactions,if you buy btc via some trusted localbitcoins trader.Never use any of the big crypto exchange platforms,like Binance or Poloniex to deposit and hold large amounts of btc there.Is some newbie forum members here start to spam your PM inbox with messages,asking you to trade with them,just ignore those PMs. |
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I agree that centralized cryptocurrency exchange platforms are turning into crypto banks.They do whatever they want with people`s savings and nobody can punish them for that.HitBtc takes a lot of hate(which they probably deserve),but all crypto platforms are the same.
We need more decentralized crypto trading platforms ASAP.
John McAfee is mental,that`s for sure...
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I`m talking about the same thing for about 6 months.Bitcoin futures are something evil for the bitcoin market.
If BTC futures trading is gone,the btc price will skyrocket to 20K and beyond.
Anyway,the 2017 bull run was "killed" by many other factors,including the new Japan and South Korea regulations,the new tax year,some negative news and FUD,Mt Gox liquidation.
We can`t just blame one thing for the bearish market.
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Exponential growth of the economy?How can the economy grow exponentially,when the resources on this planet are limited?What do you think about the third world countries?Can they grow exponentially?I`m pretty sure that they will never implement robots and AI.By the way,I like the term "hyperbitcoinization".We all have to be "hypebitcoinized". |
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What a ridiculous title.Blockchain banking is still banking,so banking won`t be dead. The ugly truth is that blockchain banking (if all the banks really implement that tech) will destroy cryptocurrencies,so I`m not so enthusiastic about all the "every bank should adopt blockchain technologies" idea.And,by the way,energy consumption will go thru the roof. |
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"but with one positive regulatory decision away"
Are we slaves of the regulatory authorities?Do we have to beg for their mercy,in order to grow as a crypto community and industry?I don`t think that one positive regulatory decision will boost the price up to 50K USD.
This guy just wants to spread some optimism,he doesn`t have any arguments that support his 50K USD prediction.
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Is this campaign full?Where is the campaign spreadsheet?
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Name: davis196
Rank:Hero Member
Nexybit ID: davis19
Nexybit bitcoin address: 35zs6sNPdv3GQyAEePbTHZivrQzgiVBV4k
I was part of the Nexybit sig campaign ,now I`m re-applying.
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I`m leaving the sig campaign.I might re-apply after one or two weeks.
Good luck with the Nexybit project.
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"40 trillion USD crypto market is possible"What a joke...
It`s possible only if 1 billion people from the rich countries start using cryptocurrencies every day to buy food and pay the bills.I don`t see this coming in the next 100 years.Maybe in the next century, our children will use crypto everyday.
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