Show Posts
|
Pages: [1]
|
If anything this will be used as a tool to drop bitcoin price so the wealthy can get a deal at the expense of retail...
|
|
|
The landscape has changed. Institutions/deep pockets are the primary driver of price. People applying the usual playbook will be proved wrong. Shallow pullbacks until we get to much higher levels will be the norm for a while. Any major pullback will be short lived. They see where this will ultimately go, and have the patience to wait for it.
|
|
|
Waiting for a sizable pullback is fools gold, you will be left behind. BTC is crashing higher...
|
|
|
A lot of us have been in the bitcoin space for a while. What we have seen in the BTC movements have mostly been on emotional based from the retail croud. The average makeup of the participants is changing in front of us. Deep pockets are buying from the weaker hands or from retail that has made some serious $. So the price action we have grown to expect wont be the same this time. There is a real chance we blast up from here and never revisit these levels... We may just stairstep up to 50+k with shallow retracements. Don't let the deep pockets take your bitcoin if you are have a long term perspective. or if you are thinking about a long term position, average in at least. The real risk is not having any btc...
|
|
|
Deep pockets are in fomo mode. This is not a retail driven pump. Their time horizon is long. They see the long term potential and have NO issue buying at these levels. Expecting a large retracement is not the play if you are a long term holder...
|
|
|
"BlockFi engages in two activities to generate return: (1) purchasing, as principal, SEC-regulated equities and predominately CFTC- regulated futures; and (2) lending crypto assets in the institutional market. See “What are the risks with depositing my crypto at BlockFi?” for more details."
So they are also trading equities and futures to generate return.... Seems a bit risky to me relative to future expected returns, if there was an event. I wonder what % of their portfolio is tied up in #1?
|
|
|
Is there any benefit to keeping track of USD deposits/withdrawls into Coinbase using Cointracking?
Thanks,
Jeff
|
|
|
Beside the need to download new bitstreams, is there any network connection needed to their servers after purchase for non-hosted? Will it basically run like a antminer?
|
|
|
Should I treat mining pool fees as a separate business expense?
Thanks,
Jeff
|
|
|
I'm not clear how to enter coins that I have mined in a pool. In the case of XMR, let's say I mined 4 XMR, which is the amount I get when transferred to my wallet from the pool. In the process of mining those 4 XMR, I paid the pool a fee of 0.6% or 0.024 XMR.
How should I enter the mined coins into cointracking?
Is the fee considered an expense for business purposes?
Thanks,
Jeff
|
|
|
What are you currently mining with your VCU1525?
|
|
|
Which OS are you running for these FPGAs? Thanks
|
|
|
nicehash working for giant N ? or wich pool use ?
I have been using Nicehash for my two Giant-N. It worked flawlessly so far. So far I made $610 on 2 x Giant-N. I don't use Nicehash for any other rigs though... but for Cryptonight it seems good. How will the VCU1525 perform on Cryptonight? Thanks, Jeff
|
|
|
Is anyone going with the buy 1 get 5 deal? Or considering it? Even though XMR forked there still might be some profit available with other coins and it ships in 7 days
I was thinking the same. Then I checked the list of the coins that forked and.......99% forked!!!!!! That's why they sells 5 at the price of one. Because there are no coins left to mine. Nothing. So no. Buying these machines even for 30 bucks would not be worth. Where is that list you are referring to? Thanks, Jeff
|
|
|
|