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1  Economy / Speculation / Re: Once we hit $1000, how far will BTC drop? on: January 01, 2017, 11:43:12 AM
Once the bitcoin price hits 1,000$ it maybe drop at max 850$ and it will be in sideway for 1-2 months after that it will grow up again.
I expect the new top price hits at 1,260$ in September, 2017.

$1,200-1,400 would be a perfect target range for 2017.

It is good. But it is possible the price will be over $2000 if more people use it.
2  Alternate cryptocurrencies / Altcoin Discussion / Re: Could Monero replace Bitcoin soon? on: November 27, 2016, 06:58:31 PM
Can the XMR transaction fee actually changed by the devs or is it fix forever?

Pretty sure it was changed in the last release, no? Huh I see it only costs me like .01 XMR per tx that I have done since update.

Now if poloniex would change their .20 withdraw fee, that would be even better. Cheesy

I think old minimum fee was 0.01XMR new is 5 times less. 0.002XMR.

Poloniex will probably reduce fee with long delay. They earn on them. So why would they hurry?



The price of Monero is now 7.61$ at the moment of speaking. So I believe that it will be very hard for Monero to replace Bitcoin soon.


Maybe you found lowest Monero price ever. Maybe you will never have chance to get Monero under $8

Febo, I wish you had been right, but this zcash scam has changed everything now. Get moar xmr cheap now or soon tm. !!!

ZCash will not be a scam if many people buy it and make good use of it. That is similar to Monero.
adoption are needed and security in order to trust this coin and more merchant should accept this kind of currency.. so that many impression and more people can rich this altcoin if they have a good performance more investors will come.. honestly they are just good in the first time and many of them are not successful in the end..

The ZCash is not widely known at the moment. So it might have good usage in the next three to five years.
3  Economy / Economics / Re: Passive Income on: October 27, 2016, 05:50:49 PM
Actually i can say that i have it but letter bit because recently, i have done investment and got lose, than i hold my bitcoins because i think it is a save way, and when price increase than definitely i will sell it, So you can call it my passive income, but otherwise i have not and also i don't know these ways where we can get passive income.
what kind of investment? you can't say you really invest into such specific things if it was a ponzi scheme or just an MLM,definitely can't say it's a legit investment since it was made to scam people,go try out another investment like lending on poloniex or whatever legit

The only legit or in control investment can be trading in exchanges, that is the best right now i guess if someone can manage to do it, because if you know you have a good enough capital that even if you earn 2% a day from it, it would be enough, then trading alt coins is the best option for you as there you will earn that without any doubt if you know which coins should be traded.

that is right. But you have to be a very displicined trader. You have to learn a lot during the trading process.
4  Bitcoin / Press / Re: [2016-10-21] U.S. Academic Condemns Bitcoin and Blockchain as Promoting Right-Wi on: October 21, 2016, 07:35:37 AM
"An Insidious Force
David Golumbia
David Golumbia
Golumbia claims bitcoin contributes to the spread of right-wing ideas in political philosophy and economics without explicitly making those ideological associations. He said the democratization and freedom that distributed ledger technology offers can resist central interference, which he considers an extreme right-wing concept.

The book’s publisher has promoted Golumbia’s book as new scholarship.

Golumbia claims bitcoin and blockchain politics are intersecting with the current U.S. presidential election. He said there is a fair amount of support for Republican candidate Donald Trump among bitcoin enthusiasts, and that there are connections between Trump and bitcoin.

The Trump-bitcoin connections are found among Internet communities fueling the deployment of distributed ledgers, and among the emerging empowering technologies.

The Trump-Bitcoin Axis
The angry, “other targeting,” false ideologies supporting the Trump phenomenon can be found in online communities that frighten right-wing political action, Golumbia’s blog noted. He said people should be worried about Trump and about how bitcoin and other aspects of online discourse fuel the “studied ignorance” and hate that cause people to support Trump.

Trump blockchain
Republican Presidential nominee Donald Trump
Golumbia discussed his book in his recent blog, noting that the book is not directly about electoral politics, but the political and economic theories that inform the development of bitcoin and blockchain. He said his view does not require direct connections between promoting bitcoin and supporting one candidate or party.

Golumbia’s book does not mention Trump. It does, however, condemn libertarian aspiration to self ownership, personal autonomy and freedom from central authority.

Extreme ideas were gaining more traction in the name of bitcoin, beyond the extremist literature they were previously confined to, Golumbia said. Such ideas are not merely contrarian or heterodox, but part of a world view developed by right-wing ideologues.

What About Left-Wing Bitcoiners?
Golumbia acknowledged that not all bitcoin enthusiasts are right-wing extremists. Asked to account for bitcoin enthusiasm among left wingers, Golumbia said it is difficult to understand how a minority of non-right-wing bitcoin enthusiasts can resist the political values that are literally coded into the bitcoin software.

Golumbia bemoaned the rising bitcoin enthusiasm in the mainstream left.

The blog noted that a session at the Clinton Foundation’s Clinton Global Initiative 2016 conference featured Jamie Smith, a former special assistant to President Obama and now the global chief communications officer of the Bitfury Group, and Peruvian economist Hernando de Soto, discussing the blockchain’s “tantalizing future.”

Golumbia complained about de Soto’s praising U.S. Presidents George H.W. Bush, Ronald Reagan and Bill Clinton, and candidate Hillary Clinton. He denounced the Clintons as “neoliberals.”

Golumbia called de Soto a chief architect of neoliberalism. He noted the “most poisonous and influential figures and institutions” of neoliberalism are Friedrich Hayek, Milton Friedman and the Mon Pelerin society, supporters of far-right, world-dominating economics.

Golumbia also noted how transparently and easily bitcoin fits into the right-ward shift seen in so many places today."
5  Alternate cryptocurrencies / Mining (Altcoins) / Re: Genesis Mining Presents: sgminer-gm - with Ethereum support! on: October 04, 2016, 05:28:41 PM
I'm getting steady 30MH/s on each Fury X on stock clocks (1050/500). Claymore's can only get about 28MH.
A 390 at 1040Mhz gets 29Mh, with some overclocking I can surely can 32-33MH, but my cards warm up too much. Definitely the best miner out there.

The only issue I can spot is the CPU usage, which makes this miner basically worthless on weak CPUs. I couldn't run it on a single-core AMD CPU and a friend of mine had his rig crashing with a dual core Celeron installed. most mining rigs have very weak CPUs, and if this miner gets updated to support them, I am sure it will get much more traction.

Has it been determined that this issues running on systems with weak CPUs is real? Is there a fix coming?  I am wondering if this is the problem I am having on my multi-gpu mining rigs.  One GPU run at the right hash rate while the others run at half.  No matter what I do with the settings I cannot resolve this issue.  Both rigs have single core AMD CPUs.  I would love to use sgminer with its RPC capabilities but I am not going to invest in bigger CPUs for it.

Thanks.

If you search Wolf0's post in this thread, you will find that he posted a fix for the CPU usage bug.
6  Alternate cryptocurrencies / Altcoin Discussion / Re: Could Monero replace Bitcoin soon? on: September 20, 2016, 08:27:47 AM
Monero is about to dump back into 'anonimity'  Grin Grin

The Monero price is still above 10 dollars at the moment. I think that is a good correction after the recent price rise.
7  Alternate cryptocurrencies / Altcoin Discussion / Re: Could Monero replace Bitcoin soon? on: September 10, 2016, 08:04:52 AM
.... potential replacement for bitcoin. We all thought it was litecoin.

You all thought is was litecoin maybe. Litecoin is so much a clone of Bitcoin such that any fatal flaw in Bitcoin will also be a fatal flaw in litecoin. Litecoin is pointless.

Dislodging Bitcoin is a difficult task but not unachievable. However, currencies like Dogecoin or Litecoin will never be up to the task since they are fundamentally no different from their parent Bitcoin. Only the highly innovative currencies with unique features will be able to take on Bitcoin in the future.

It depends on the further development of the CryptoNote technology. If it is done properly, Monero will be big.
8  Alternate cryptocurrencies / Altcoin Discussion / Re: Could Monero replace Bitcoin soon? on: August 27, 2016, 07:36:40 AM
...

Do you think that world powers will allow to use XMR on their territory ?
They will alow if they control it. When switzland doesn want to release info about some money transfers then some sad men
comes to Switzland and they have convinced them to make changes i guess they had "good" arguments.
Today because of money loudering you have more restricted laws when it will be needed all XMR exchanges will go down
they will impose good law and they will shut it down. XMR would exist p2p but you wont get any fiat window for it that will couse hard drop in volume.
If you want challenge a biggest superpowers and help terrorists with XMR you are on loose side.
And big Russia and China they don't want to much freedom for their people and XMR is problem for them too.
If XMR will be popular in terrorists group it will be shut down.

XMR cannot replace bitcoin but it is possible that it will gain a popularity as big as bitcoin. The darknet will be a catalyst of this. I speculate that XMR will later be considered the unofficial "official" currency of the darknet. That is a big market that will later amount to the billions of $. We will see drug cartels, terrorists, money launderers and other people who want complete privacy of their transactions to use XMR.

The problem is to get to fiat. That is where XMR and BTC will get their synergy. To use one, you have to use the other. I believe BTC will still be relevant because it will be the gateway and store of value coin for a long time together with XMR as the daily transaction coin that keeps everything you do with it private and secure.

In the future, the bitcoin can be the reserve currency of the digital world while the Monero can be the darknet currency.
9  Economy / Speculation / Re: If bitcoin dropped to $1, what you do? on: August 10, 2016, 08:04:00 AM
You mean you if the price of bitcoin be $ 1? If that happens, we shall be losing money because the price is not good, and to rise if it had been dropped as it was very difficult. But I believe bitcoin might not drop to $ 1 for bitcoin is constantly evolving and users actively using bitcoin.
of course there are many users who lose and lose big when bitcoin prices fell very sharply. yeah I also think that it would be difficult for bitcoin to go down to $ 1. I think if that happens. there must be something terrible thing that happened in bitcoin?

If there is something fundamental wrong with the bitcoin, the price could drop to $1. Otherwise, it will be much higher.
10  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum The Wave Of Success? on: July 27, 2016, 06:10:01 PM
after all that happened, this price looks like pure manipulation. specially because of the volume decrease in poloniex.. i'm definitelly not trading eth(neither am i holding) until this whole situation settles.

That was actually good action plan. In the last few days, the Ethereum Classic was listed, causing lots of chaos.
11  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum The Wave Of Success? on: July 18, 2016, 08:46:02 AM
Most Ethereum owners vote for the hard fork to get back the stolen Ethereum. Let's see if the miners will support them.
12  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum The Wave Of Success? on: July 01, 2016, 11:13:42 AM
I thought the Etheruem is going to test the last bottom around $7 after the recent pump, but it is still around $14.

It will probably take tons of some serious fud before we can see bottom of $7 per ETH again.

Yup......

If the next soft fork soft ware does not work as planned, the price will drop below $7. If it works, the price will be $15.
13  Bitcoin / Bitcoin Discussion / Re: Bitcoin halving on: June 14, 2016, 02:33:29 PM
i hope that bitcoin price will rise a lot in the near future because of the upcoming halving, this would surely attract a lot of people to bitcoin

The more people are attracted to the bitcoin, the higher the price will be if more people use the bitcoin.
14  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum The Wave Of Success? on: June 01, 2016, 06:06:07 AM
I thought the Etheruem is going to test the last bottom around $7 after the recent pump, but it is still around $14.
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