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the waiting for the return to main, and it's finally happening, i was tired of that long stagnation that started this january and never ended, with the value that was so low and depressing
i firmly believe that the price play a big role in the market, especially for the sentiment, average joe are not willing to invest in something that look dead...
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When we use bitcoin we don't need to give our data and perso info for third person or company , as usually when we use the banking services
this will not make much difference in the end, because you need to give your shipping address anyway, which is full of your infor, unless you have a friend at whom you can send stuff but then he is in trouble if something happen, no escape from that |
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It's sad that it's banned in some countries. It's because of criminals abusing and misusing bitcoin that they are banned
i don't think this is the reason, cirminal use more the local fiat currency than bitcoin, i think it's because the governement don't know how to deal with bitcoin, so the simply way is to ban it for the moment, but they can always change their mind in the future I think it's also because the governments have no control over it. So they can't just lift the fees of transactions and such. this is true only if you do not exchange, as long as you exchange for fiat they automatically have contorl over your money, and thus they can tax you easily |
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I ve started mining Etherum. After a long time, this coin has brought profitability into home GPU mining. 1 solid GPU can bring you 10$ per week and I know people home mining in their basement with up to 50 GPUs.
http://badmofo.github.io/ethereum-mining-calculator/, profitability is ridiculous low, with 30 hash rate you have only 1 dollar per day, and 30 hashrate is around a 970 nvidia in speed |
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It failed because we're wasting too much time campaigning against each other when we should be campaigning for Bitcoin.
I'm not sure what you mean by this. You say we're campaigning against each other, do you mean with various signature campaigns competing for space, or was it that we are simply working against each other? I agree that we are wasting too much time with other endeavors instead of spreading interest in Bitcoin, but I can't figure out how we could work as a group to campaign in favor of Bitcoin. he is talking about the whole bipxx drama, we are creating holes in the comunity, with the consensus thing, and delaying maybe the adoption of bitcoin surely it's not helping bitcoin in anyway, to have a debate about a thing that in the future will be certainly mandatory(block limit increased) |
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no, but i've done my backup(actually i need to re-do it because this thing always grows more), so i have my personal blockchain secured and i can easily sync after asecure erase
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it's not about time only, it's about adoption, as i see it, if 1B people or 100M-1B people around the world begin to use bitcoin, we can say that bitcoin made it already, and it was a success otherwise not so much
i would say that it is remained a niche market
It only takes a small amount of people's wealth to be put into Bitcoin to start raising an alternative economy that will not be part of the actual GDP as seen by goverments, we can grow an entire alternative world of money. It takes a small % of every person using it to make the price go high as the sky, if you do the simple math you will see it. When it's all said and done it all comes down to supply and demand and supply will keep getting shorter as demand grows. in either case bitcoin, need to sucks a portion of fiat, a big portion, if you want the value to be really big in the future so fiat in the end will partially collapse or reduced greatly in power and more worthless |
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How can the banks corrupt bitcoin exactly?
by offering something similar, that in apparance may look more secure, and deceive average joe, it's all about getting those "average joe" to use your service until now it's bitcoin that need to "corrupt" fiat and steal their "customers" in order to succeed, banks can hinder this in the future |
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my passive income is from signature campaign, through which i earn by posting it. with that income i play sports betting and earn some more i just keep the 50% of the income in my vault and when ever i feel bitcoin is low price i buy it and keep it for higher price sale. apart from that i work for real job that income is for my family that i dont distrub,
this is not really, passive, you are using your time, passive mean mining basically, or a form of automatic interest in the case of sig campaign the only passive is with a bot, in fact there are some users that use sig as a passive income, with a bot, like Xrunner, i see someone like "copy-pasting" from another source, while posting |
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Since the number of bitcoins is being cut of 50% every 4 years the price will be increased everytime but 1,000BTC i think are enough.
by the look of this, i would increase my buying every 4 years until 2028 when the supply will be worthless to determinate the impact on the market for every new stable price i would increase my price, so you see at 230 then now at 350, until the price is too high and i can not add many coins anymore |
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The reason is that the manipulators of this market though it was time for a new pump. And so they started.
If you really think it is influenced by any event; politic or economic then think again. When was the price ever NOT hyped..Exactly never.
Well said. This is just another pump and dump scheme. No news and suddenly a rise? Who are they kidding. I think many people will buy coins and then see their money has become worth only 80% and why there should be a good news everytime we need an increase? no sense, the price can increase because, simply, more people started to buy more, the demand is increased russia banning bitcoin, cannot certainly do anything, when in russia people don't even now what bitcoin is, basically their ban is pointless to consider as a form of impact on the market |
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and who said that bitcoin is not fuction as a currency? i can buy stuff with bitcoin, so it can be used as a currency and not only as investment, yes the primarely purpose for now is an investment
but the same was true for every other kind of money, when they first started, bitcoin is still young, not so much accepted, so it can not be really considered a means of payment for now, because of people hindering its adoption or not adopting it, not because it can not fulfil that role
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i just invested some in satoshi dice and some btcjam, both seem pretty good,  one is pure gambling, the other may hold some benefit, if you choose right, the retunr is not that great, but few % of profit is better than nothing i'm also traying btcjam, but i'm going to borrow and not giving naything for the first time |
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is something like TOR worth using?? Like I don't need to go private often but is incognito private enough? It's fine for buying stuff in secret i think
i would use something like tunnelbear or surfeasy, which is free and they give you 1giga per month, i think that tor is not really anonymous, and it is spied in some way |
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so there is a second peak? new rule? i would like to take +9.5 if not taken already
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the thing about the value and the profitability is uncertain, if the diff increase too much you could potentially never roi, unless you sell your miners
if your bills cost is cheap i would definitely go for it, because the S7 has a great resell value, you can resell for the same price basically
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In my opinion, best investment for bitcoin is Cloud Mining..
Most cloud mining services turn out to be ponzi schemes, It's honestly not a very good idea to use cloud mining when there are other better options out there. the main problem i can see with them, is that you need to trade to reach roi, you need to sell at some point your miner, so in the end it's not a cloud mining anymore it's more like trading with hash instead with coins, therefore if you're not a good traders it's better to avoid |
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At the past there were good cloud mining to invest but nowadays they are transforming to scam websites, i would suggest to hold and hold until you find a trusted website/startup to invest in, btw try to trade.
Oh really I didn't knew that there was a good cloud mining I just heard that they are a lot of scam websites. But yeah that is one of the reason I just hold for now, because of this scam. there are but roi is still at risk because of diff that increase like no tomorrow, you can try with hashnest and bit-x they are both legit and offer the possibility to sell your hash |
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because altcoin are less risk, and the return some time is greater than bitcoin, if you buy very cheap, actually this is the reason, you cna buy very cheap a very large amount, where with bitcoin you can not
if trading alts i recommend the minimum to put in is 0.5 btc if you want to make decent profits playing with position sizes of 0.02btc or 0.1btc will not make you good profits. With btc you can trade with a small position of 0.02btc and just use max leverage if you wanted for example just to Maximize profits. Btc doesn't have to double in value for you to double your profits like in alts. i think that there are exchange that permit leverage with altcoin, which would be even better, because you have also a great amount of coins, and the swings are bigger i remember some alt skyrocketing to 1k%, and crazy % like that |
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oh, this could explain why they are doing the vat free for bitcoin, to encourage more the usage of the euro, nice move europe, i didn't thought about this at first Better sell all your EUR for BTC to hedge against this crash then.. That should be good for the price of BTC, imagine if everyone in Europe got scared of the Euro and bought BTC.
with the vat free thing, is certainly more convenient than selling dollars for btc |
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