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What idiot came up with this forecast? China's economy is developing not as rapidly as before. While the number of people who live in this country any decline in development can very quickly turn into a fiasco. Japan's economy is smaller than Russia's economy! Are you crazy? Germany, UK below. Lol. You do not understand anything in the economy.
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To support altcoins makes no sense. They exist to support bitcoin in the critical moments. Altcoins will always exist until there is bitcoin. It's like the earth and moon. They exist regardless of our desire, and cannot exist without each other. So do not overestimate their abilities. Just live and enjoy.
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Every year the pressure on bitcoin will only increase. Very many do not like. Banks are losing their relevance. This leads to the fact that the pocket politicians will accuse bitcoin of all mortal sins and to lobby the law on his ban. Bitcoin trading on the Chicago stock exchange may also be an attempt to take control of bitcoin. But I am sure that bitcoin preodalet all difficulties as it was once.
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That`s how a speculation bubble works.Smart traders sell their overrated assets/currencies to excited newbie traders ,who think that the price will increase forever.The price does down and all the new traders who enter the market just loose the money they have invested into buying the assets.This will happen with btc some day.
Anyway,your title is wrong.People are talking about Bitfinex fraud,electricity costs and USDT all the time and discuss their influence over the btc price.
It seems to me that the effect of electricity price for a bitcoin is very much exaggerated. Electricity production is a specific business. If there is a power reserve the electricity cannot be saved. It is possible to sell or lose. The less residual energy the cheaper it will cost. Besides, it's jobs and stimulate the economy. |
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Now when the price dropped from $17k to $14k after the unconfirmed transactions reached 120k from 220k before a day, i think maybe you are right that the reason for it to stay at that level was almost because of the unconfirmed transactions. Though i don't understand the logic behind how it can be possible for the price to stay high because of the unconfirmed transactions because this thing almost stops people from making transactions and a very few people do transactions in these situations when the fees are extremely high. And when there are less transactions, it should make a negative effect instead of making to go even more towards positivity.
Same problem with the confirmation of the transaction Ethereum. Probably this is due to the attempt of the investors to sell high and buy bitcoin in the Ethereum. Has long existed the problem of evidence of transactions. I hope that next year the developers will find a decent response to the blackmail of the miners and increase the block size. |
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I am for bitcoin remains unregulated. For me it does not matter be it legal or not. People must finally understand that the power belongs to the people not just words. With bitcoin we can force the government to go to meet people. If people want to use bitcoin then no the ban is not a hindrance to that.
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Kazakhstan has taken another step to control cryptocurrencies. Some days ago, Astana International Finance Centre (AIFC), said that signed a partnership to develop a national cryptocurrency.
Kazakhstan could sign anything but it will not have any success. Governments think bitcoin is such a success because it is convenient to use. Fools. They do not understand what bitcoin popularity stems from the fact that people want to get away from the inept management of the economy by governments. Who needs their cryptocurrency? |
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Wall street can't stay away from bitcoin. They have long appreciated the scale of this market and want to meddle with his dirty paws. It does not matter what personal attitude to bitcoin are speculators on wall street. I don't want bitcoin appeared on the Chicago stock exchange. I hope that this idea will fail.
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I all started with the fact that I decided to take their free time on the Internet. I have a business and are constantly at work to control. At this time I have a lot of free time. Initially, I spent it on computer games. But then I decided to look for ways to earn online. So I met bitcoins.
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I think it's wrong when people are separated by gender. I have seen many women who are hundreds of times smarter than men and Vice versa. A person should be judged by his abilities. This applies not only to crypto-currencies. Some women show in politics the best results. For example, Margaret Thatcher or Angela Merkel.
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I have the same problem. I'm waiting for confirmation of payment 2 days. I don't know how to send the payment but when I send my payments are never delayed more than 30 minutes. I think that it also depends on the network load but also by the way sent. I hope that someday this problem will be solved.
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This topic was already been , talk about but your question seems in different way . But I will say , there are some country allows bitcoin and cryptocurrency adoption and there are also some wouldn't. The main reason why other country doesnt allow bitcoin operation, is the fear that they can t regulate and get the deserve tax for the goverment, also there are some banks that will petition to this .. Next if they will allow this to operate inside their country ,there are some store will finally acceprting bitcoin and will lead to tax evasion. This could be possible we all know that we can transact here anonimously .. So they are fear that bitcoin will be use as hiding one's wealth or lead to money laundering. In US they called bitcoin as "property" not "currency". But there are also country that recognized bitcoin as one of their currency .. Maybe creating and legislate law to regulate bitcoin will do .. Or releasing government official exchanger bitcoin to fiat might help .. This all just my opinion and base to,what my own country afraid of.
I do not know the countries which have recognized bitcoin as a currency. Japan in my opinion has the most liberal legislation in respect of bitcoin but even they do not recognize bitcoin as currency. For them bitcoin is a payment tool. Agree there is a difference between currency and means of payment. |
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Now the network a large number of unconfirmed transactions. My transaction is not confirmed from 07 Dec. It happens a lot. I don't know how much you pay per transaction. When I send money from my purse I take commissions 0.00098 btc. Payments come in for 10-30 minutes at any time.
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Why do you have such decadent mood? I am sure that if people are not profitable, will use futures transactions then they will not do this. The world is not only one of the Chicago stock exchange. Moreover, the position of the US authorities to avoid forcing users to Transact with bitcoin within the jurisdiction of the United States. I'm sure nothing will change. There are many other options.
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It is not so simple. In order to destabilize the market price, the whales are forced to sell a lot of coins. What if users will buy all these coins and to stabilize the price of bitcoin? All these 40% can easily go for a normal user. We are all guilty of giving the whales the opportunity to manipulate the price.
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There is no universal recipe. Today, the profitability of one coin higher tomorrow this coin will be lower. All cryptocurrencies are very volatile. If you are interested in investing in a cryptocurrency then you have to constantly monitor the market and every day and sometimes hour to buy and sell currency.
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To learn mining, you should have the actual equipment. Many existing algorithms do not support your GPU. It seems to me that 2GB is only available for cryptonight algorithm. Maybe you need to find a site similar nicehash which will automatically test your equipment. But I don't know of such sites.
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If you really NiceHash was hacked but this is their fault. They save money on security and jeopardized the money of all users. In the beginning I even had no doubt that they were hacked. I thought they wanted to earn money from users. View. Now the price of bitcoin has decreased and maybe they will open up again.
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Btctalk name: Kronos21
Rank:Full Member
Current post count: 487
BTC Address: 3Mp8nz913V9YJGWfd4SD6E51jB4XYLD7uK
Wear appropriate signature: yes
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I dont know yet but I am savoring this now and just want to look at it every 5 minutes.  I have been out for months and this is what I saw when I got back. I feel happy about my investment and would like to add more. How about some insights if it will still go up instead of going down? Any price rise can't be spontaneous. This should be justified by the creation of certain conditions. I can't figure out the behavior of bitcoin, but I am sure that must exist markers which can predict the behavior of prices. I do not claim what lies ahead. but I think that we are on the verge of a big reset. |
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