I am a new comer. I am here to learn about BTC. Specially BTC mining. I hope everyone will help me. I have heard that altcoin mining is much more profitable than BTC mining. So what should i do? Go for altcoin mining or start with BTC mining?
In your situation I would take an alternative to mining. Mining is almost a non winner non loser game. It always have been, what i read. Just in the past by not selling the mined coins, you could make a win. But the price explosion of btc, already happened and will probably not repeat again so fast. Instead of starting getting all the stuff to know about mining, babysitting the miner, babysitting the btc price, because you want to make a gain too, start getting interested in programming. so you can code your own coins or write contracts for ethereum etc. Thats wise, but the most people are not doing the wise things, they are going for the stupid one. |
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monero is an exception and litecoin is the china bitcoin, thats not a myth
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please de-enrole me. i did not get the 50 constructive posts in a month. i did something like 20 in my first month so i quit. one month advertising for free  |
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I asked myself the same question many times, and looking at the market data it just makes no sence..
Bitcoin goes up, btc/ltc pair goes down, bitcoin goes down , btc/ltc stays the same , and ltc/usd drops again.
there is NO development in litecoin, what so ever, thats why noone wants to buy it.
sad, but true
Litecoin dont need innovations. Altcoins making them. If necessary they can be copy cat implemented very fast. Dont worry. I believe there is no future for litecoin or any other coin, beside I feel also no need for all these curriences.
The blockchain of litecoin is very valueable. It has a very strong scrypt difficulty, growing, and alot of coins in circulation, with $100 Mill value. Altcoins bringing innovation with them, so there are very necessary. Litecoin will still have a high inflation rate for another 1.5 - 2 years, after that it may experience an April 2013 like bubble due to halving.
it was the experience made, that pow coins are losing their value due to halving (p.e. dogecoin), because miner leaving the boat. Less people using it, higher pressure on the price. Litecoin will still have a high inflation rate for another 1.5 - 2 years, after that it may experience an April 2013 like bubble due to halving.
That inflation rate is a bigger problem than Bitcoin's, because many miners of Litecoins instantly sell for Bitcoins or other alts. I doubt there will be enough buyer to absorb that supply at current rates in the next two years. Alot of miners are mining btc and transfering instantly into altcoins. So that is more or less (a very modern popular word every noob now using coming...-> ;-) an equilibrium. I did not find any statistics for that. For me this thread is just filled with alot of BS and scumm IMO more as the rest of bitcointalk.org. Are there ANY thinking people at bitcointalk.org with skills of analysis and able to construct logic theories. It seems every one is a dumb ass playing GTA and posting during loading sequencies. |
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Bitcoin is not a monetary item as clearly indicated by the Bitcoin Foundation in a Texas court right now. The Bitcoin Foundation is currently demonstrating that bitcoin is not a monetary item in that court case in Texas. Bitcoin is a variable real value non-monetary item. There is nothing monetary about bitcoin. Bitcoin is an experimental digital medium of exchange. Cigarettes normally are a medium of exchange in prisons (so I read). That does not make cigarettes money.
Bitcoin is a digital medium of exchange and a relatively unstable store of value. Bitcoin is not money or a monetary item. To be a monetary item, accountants must be able to assume that bitcoin is perfectly stable in real value over time like they do with all fiat currencies when they account a great part (not all) of the world´s economic activity.
Bitcoin is a digital variable real value non-monetary item similar to digital rare stamps. Bitcoin is not a currency. Bitcoin is a cryptocommodity and payment platform. The blockchain technology is very innovative. It has a lot of respect from many people. However, people do know that bitcoin is not money.
For bitcoin to be money it has to be relatively stable in real value, like the major fiat currencies, e.g., the USD, Euro, Pound, Yuan, Yen, etc. The world economy is based on (uses) the Historical Cost Accounting model. The HCA model is based on the stable measuring unit assumption: accountants and economists assume money is perfectly stable in real value over time for the measurement of a great part (not all) of the world´s economic activity.
Bitcoin is not a currency or money or monetary item. Bitcoin will never be assumed to be perfectly stable in real value. That is the last thing the bitcoin economy wants. Thus bitcoin will never be money or a currency.
There is an interesting experiment to simulate with three cryptocurrencies the mexican peso. So there are things going on with the blockchain.
But saying bitcoin is a currency or money its the same as saying a stone is a scissor. Maybe there is ore in the stone and maybe you can do after alot of processes to make a scissor out of it.
anyway happy studies in economics and hayek (more elemantary is marx and the game theory. hayek is contrary to keynes, but keynes itself 'oh my god' oldschool.)
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bug in theory:
"Note that this model ignores the fact that when bitcoin is fully adopted by the underlying economy, it will continue to grow in price at least in proportion to economic growth."
BTC price cannot grow in proportion to economic growth as when you hold btc and is gaining in price you did not make a contribution to the growth. monetary growth must happen there were economic growth is happening.
Um, no. Not at all. Your mind has been broken by pseudo-science, Sir. Read some Hayek. we are reading hayek in public schools, here in austria and he can not really help you to break useful paradigms. Which quote do you have in mind? One does not just read Hayek, one must understand the words.  as the economy grows so prices fall people save, then the when the economy shrinks prices increase people spend and so a market equilibrium is formed this is only possible with a fixed money supply. stupid people. when prices fall i buy and do not save. where are you people living? where are you from? no, no. we are intelligent, we buy, when prices are cheap, so we save money, but then we have money and goods. therefor we have here even more intelligent people who are destroying that. with out the more intelligent people it would be chaos here. So this discussion is never ending. Just trust me. its a Bug. Fixed money supply? interesting. like the tulip bubble. great experiment. i am better off with my pseudo-science, Sir. alot success for you! |
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bug in theory:
"Note that this model ignores the fact that when bitcoin is fully adopted by the underlying economy, it will continue to grow in price at least in proportion to economic growth."
BTC price cannot grow in proportion to economic growth as when you hold btc and is gaining in price you did not make a contribution to the growth. monetary growth must happen there were economic growth is happening.
Um, no. Not at all. Your mind has been broken by pseudo-science, Sir. Read some Hayek. we are reading hayek in public schools, here in austria and he can not really help you to break useful paradigms. Which quote do you have in mind? Sir, my contribution in this thread will be limited. I just want to point on the fact, that growth of market (trading, goods etc.) always goes with inflation of the monetary basis. Thats like 1+1=2. So how can this problem being solved with btc as an fixed amount trading unit? P.e. by another trading unit or by raising the price etc. What problems will accure, when you raise the price of the trading unit? Examples: Goldstandard. The topic about back to goldstandard with BTC is sooo 2013. What problems will accure by another trading unit? Examples: China and America are having different currencies, different inflations, different interest rates. When the growth in market or decline happens in China, Yen is rising, not the Dollar. So we see a growth by 15 % in the last XX Years. etc..... do you count 1+1=2? |
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Bug in Theory: "Note that this model ignores the fact that when bitcoin is fully adopted by the underlying economy, it will continue to grow in price at least in proportion to economic growth." BTC price cannot grow in proportion to economic growth as when you hold btc and is gaining in price you did not make a contribution to the growth. monetary growth must happen there were economic growth is happening. BTC is not built to be a currency even some people saying it can be or people use it as it would be. Man you stucked in early 2013. What we know by now, BTC blockchain can be used instead of banks making transactions. So the price of BTC inclusive all the ecosystem working with it together could be taxed by the number of transactions made, thats like 6 billion now for btc and about 1 billions for the ecosystem, growing with the number of transactions. By holding BTC you make an invesment in a share of that transactionsystem. If you invent another use for the bitcoin or the blockchain, let us tell  |
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mikemikemike WHERE ARE YOU DUDE?
did i miss he left the pump of petamine?
the greatest hero of all fails?
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cloak looking like its on the verge ready to explode upwards again soon. Get ready for another ALL TIME HIGH!!!
beware, of an explosion in your pants, man. dont pump to strong hahajajaha cloak is anon but quiet useless, since when i know the adress of someone who is sending me anon coins even he sends me anon coins i know his adress. anon is when i dont know the persons name and he dont know mine. like cash. cloak is something like giving cash to someone i know his name and he knows mine. 3rd party anon problem is solved like ALOT of other coins before. we can argue which technical implementation is better. right now i see stil bytecoins monero in favour. waiting also for ethereum to bring blockchain on a next level. |
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EMA cross EA thanks, I know what should I do now all you need is a working algorithm......the EA for it you generaly find for free I am a student of financial college who know nothing about algorithms and code, how could I do? nothing......if an algorythm is good, the person doesn't share it.......any shared algorythm is not good......a good algorythm that is sold, won't work long. the more people use it, the less will it work BS. there is not one algorythm. its a bunch of them and then someone interpreting. the software of goldman sachs is worth billions, and in combination with good traders they make money. pretty bots at godmode-trader.de |
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Has anyone tried out haasbot? (haasonline.com).
Im looking for a bot to trade, and this one seems to be quite trust worthy.
useful when you know what doing. to say different, it can work or not depends how you use it and for what. its like a tool. |
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Are there any actual arbitrage bots that work?
No. The spread are too tight across exchanges for arbitrage to work because trading fees would eat up your profit. i think he is talking about the classic arbitrage between exchanges. |
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I do have speeadsheet I got with list of people and their details including their credit cards and I want to sell it. I got them from our office last year when we didn't yet close the company.
Some forums don't allow such. how about bitcointalk?
give yourself a try. why not? want to change it for naked pictures of your wive maybe? pm me! |
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should i have mining PC?
what's the requirement about the hardware and the software?
Mining PC, I would go with the lastest miners that are coming on the market: in September a couple of companies bring a new model on the market. For the Software, I would go with Mine-O-Matic. I have seen it work and was happy with the results. Agree totally with mine-o-matic. i replaced my old system soon ago and i am very happy now. go for the latest hardware and dont forget to order the tunnel driller. it will double your gain |
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i am interested. who tried margin trading out? whats your gain in %?
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Can anyone explain how these work for USD swaps on Bitfinex from the prospective of the lender? I cant seem to find any clear information on the risk involved and how it really works. Right now on Bitfinex I can lend USD for around .14% per day. That seems like a very high ROI and am wondering how it can be this high, and what risk is involved.
The risk is bitfinex goes insolvent and you can't get your money back. Its high interest because you dont know the credit risk of borrower. And they use your money for speculatiing Bitfinex give margin accounts to their traders. So when the margined positions lose money bitfinex closes the trade. But if the traders account is underwater the trader is supposed to deposit more money. Its called a 'margin call' You can imagine what happens if there is a rapid drop and bitfinex can't dump the trades fast enough. They become illiquid. If the traders cant deposit money or if bitfinex can't borrow more money to get liquidity then insolvency. Similar thing as Bear Stearns or Lehman Bros If asset price keeps going then everyone happy. But if if doesn't then big crash. wow. what a complete BS summary for the reason of the interest rate. -total return swaps are insured, of high drop of price. see faq! -the high interest of 30% a year is because the people borrowing dollars from you and buying bitcoin speculate that the grow of bitcoin in one year will be higher. when you lend dollars you cant hold btc. vice vers the interest for swaps in btc is about 3%. |
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Not again a pre-order massacer.
People, stop making pre-order. you can get over it!
here no one can cure you, everyone is sick, neither alpha-forum, you have to get a doctor!
sorry guys! honestly, who is stil thinking about another pre-order? See! you need help...
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dogecoin is a meme. in 10 years it will be part of history, i wish i could say something different like good or positive now. months ago i was thinking they could make it, but lost the tracks.... coin vusiness is very innovative and competative. even litecoin goes down to $3.5
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