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1  Bitcoin / Bitcoin Discussion / Re: ⚡Cambridge Bitcoin Electricity Consumption Index - does Bitcoin boil the oceans? on: January 06, 2021, 12:10:12 PM
[Jul 2020] Mining map launched
[Dec 2020] Updated the list of mining equipment.
2  Economy / Economics / Re: "Guess 2/3 of the average" game results [conducted among CC-related people] on: May 18, 2020, 06:37:09 PM
So dektox what was the results???
I really like this theory with such mind games and think that they are used in all markets that are manipulated by some people, which one can call whales or by other names.
And they are acting due to the analysis of what the crowd does, by issuing the fake or even real news in the definite order.
What do you think?
Your parallels of how this is acting in the crypto market with their well known and widely-spread "next Fibonacci level" is very close to the truth, IMO.
Do you think that the safe choice in this situation is not to react to the fud and news but as they are spread in order to make the impact on the trader choice in the appropriate time?  
As my friend advised me: Just by some coins/tokens and wait when they will be in the top of the biggest movers list and then sell and vice versa.

Hi Nadia, the results are in the original post. It was updated. Briefly, most of the cryptocurrency traders (that took part in the survey) are the 1st level depth of reasoning and the winners are the 2nd level depth of reasoning, unlike the audience of Financial Times readers from Thaler’s experiment (they are 2nd and 3rd levels correspondingly).

As for your questions, despite the experiment was interesting, there is no evidence that certain behaviour (in regards to the level of reasoning) can lead to higher profits. Please find below the distribution of profits by guessed numbers:
3  Bitcoin / Bitcoin Discussion / ⚡Cambridge Bitcoin Electricity Consumption Index - does Bitcoin boil the oceans? on: July 05, 2019, 07:41:22 PM
I'm happy to announce the release of the
Cambridge Bitcoin Electricity Consumption Index (CBECI)


by the Centre for Alternative Finance, Cambridge Judge Business School.

The index provides a real-time estimate of the total annual electricity usage of the Bitcoin network. The index has been developed in response to growing concerns over the sustainability and environmental impact of Bitcoin mining:



The website features a Comparisons section to help visitors independently assess the relative magnitude of Bitcoin’s electricity usage. The Model is reviewed and transparently updated on an ongoing basis. The CBECI is a collaborative project that is open to feedback, suggestions, and constructive criticism. To help refine the analysis, we would be interested in getting your insights on the followings:

1) How much do you pay for electricity (USD / kWh)? From your experience within the industry, what do you think is the average price paid by miners?
2) Beyond marketing figures, what is the true efficiency of mining equipment (please see and leave comments on this spreadsheet)
3) How do you estimate the Power Usage Effectiveness of your data centre?
4) For data centres in your region, what electricity sources are being used and in what proportion?

Looking forward to your feedback!
4  Economy / Economics / Re: CAN WE SAY THE MARKETCAP OF BITCOIN IS FALSE?? on: August 07, 2018, 12:34:56 PM
Probably, yes, but we should remember that the same situation with traditional stock markets. The thing is that we need some metrics to compare currencies, consider it as market cap not in dollars but in points.
5  Other / Off-topic / Re: bitcoin revo's merit distribution thread (114 merit available) on: August 06, 2018, 09:59:58 PM
Please review.
6  Economy / Economics / Re: "Guess 2/3 of the average" game results [conducted among CC-related people] on: August 06, 2018, 09:51:55 PM
Currently, we are conducting a LinkedIn research, now with the rest of the world (except the USA). It does take more time than we planned initially.
7  Economy / Economics / Re: With Hackers everywhere, How safe is Cryptocurrency? on: August 06, 2018, 09:46:14 PM
What I saw, they are not as safe as they should be in order to be adopted by the Majority of users. It is a real ass pain to use them from the ordinary user perspective. I think we will see crypto intermediaries developing. People need transactions that is possible to cancel, their keys restored, accounts blocked.
8  Economy / Trading Discussion / Re: Cryto signal trading on: July 30, 2018, 04:29:07 PM
When playing pump and dump remember that the profit is possible only if you play against someone, be sure you are not that person others play against. From my experience, signals can work, but for a limited time only since the system is constantly changing
9  Economy / Trading Discussion / Re: Which exchange is the best for shorting? on: July 30, 2018, 04:25:05 PM
I suppose BitMEX with their whooping leverages. But be careful, it is hard to account for all the commissions while shorting and leveraging
10  Economy / Economics / Re: When will smartphones used for bitcoin mining? on: July 30, 2018, 04:21:29 PM
Never. It doesn't sound smart to perform energy- and resources- consuming operations on mobile devices. I think that the only so-called "mining experience", pseudo-mining is possible (like Electroneum have - it is no more than the reward/bonus system)
11  Economy / Economics / Re: Is wallet security important to use? on: July 30, 2018, 04:18:50 PM
Speaking about wallet security, I was always wondering how is it possible to afford, for a private key in a clipboard. Clipboard is available almost for any application and, I'm afraid, even for the browser.
12  Economy / Economics / Re: Cryptocurrency Hedge Funds Have Closed in 2018 on: April 05, 2018, 12:06:57 AM
What stopped them from playing short?
13  Economy / Trading Discussion / Re: What is the best Bitcoin Trading BOT? on: April 04, 2018, 11:55:23 PM
I'm using my own bot with telegram interface when it comes to fast buy and stop-loss trading. It is also cool to get alarms. If you are interested drop a line, I think I can share not with you. There are still few decent open-source bots: zenbot, gekko.
14  Economy / Economics / Re: "Guess 2/3 of the average" game results [conducted among CC-related people] on: April 04, 2018, 11:49:13 PM
New results will come shortly
15  Economy / Economics / Re: Would you still use bitcoins if the price would be stable? on: April 04, 2018, 11:47:47 PM
Yes. It would be sending money abroad and saving.
16  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] Refereum — Game marketing and rewards (Quotes from Twitch and Unity3D) on: April 02, 2018, 10:53:31 PM
Guys, I love your project. However, some of your localisations suck (I'm speaking about the website). I merely can't understand some things, please, give an option to browse it in English.
17  Economy / Economics / Re: Is bitcoin really anonymous? on: March 30, 2018, 02:03:58 PM
My personal perception is that it is more transparent than traditional offshore schemes. For example, have a look at this chart, which shows, money move from MtGox theft.
18  Economy / Economics / Re: Banks admit they fear BTC on: March 30, 2018, 01:57:22 PM
Actually, their fear ends up with buying crypto infrastructure companies, look at recent Binance move to Malta (there are HSBC footprint)
19  Economy / Economics / Re: Do we need regulations? on: March 30, 2018, 01:55:35 PM
I think we will end up with two worlds: regulated and not. Cause majority of people need it: they need reversable transactions, they need someone wiser who keep their money saves, they are unable to identify pump and dump, scam...  For those who fill confidence there will be unregulated world
20  Economy / Economics / Re: why is it so hard to buy bitcoin on: March 30, 2018, 01:52:25 PM
I don't notice it. It's the same as buying a ticket on the plane - not so straightforward, however, easily possible in 15 minutes online. And a lot of tricksters would surround you trying to sell for more.
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