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1761  Economy / Economics / Re: What happens if bitcoin price falls below the cost of mining it? on: August 03, 2018, 10:15:40 PM
Would bitcoin be able to recover? Are we safe since 80% of bitcoin has already been mined?

I remember it happened once in 2011 (https://www.themarysue.com/price-bitcoin-falls-below-mining/amp/).
If the btc price falls below the cost of mining some miners will exit It will temporarily cause blockchains discoveries to lengthen as the existing miners striuggle


  Well, if we follow your point of reasoning Bitcoin price will be affected, But please, try the make a good research with comparative data to support your claim, base on the Hash Rate, Bitcoin miners increase to some degree, although the Bitcoin price on the market as posted goes down yet is more strong now and even more stable. Let's wait and see, let's be patient and monitor our investment.
1762  Economy / Economics / Re: Bitcoin Hash Rate Rapidly Rising Despite Price on: August 03, 2018, 10:07:06 PM
It's pretty simple, a question of how much hashrate you can produce with 1800BTC worth of electricity.

That hasrate is equivalent to around 3 million S9 mining, each burning 1.5$ of electricity if we take 0.05c/kwh, it means roughly 4.5 million$ in electricity costs compared to a reward of roughly 10.8 million$ (excluding fees).

So there is still room for profit, and even more room for more miners.
And it won't push prices in any direction.
Every effort is meaningless when it comes to reducing bitcoin prices. By the time bicoin or electronic money has been accepted by the community. Especially it has a common economic influence linked together. It will be very difficult to work on them, stability and sustainability remain good.
[/quote


  This is a bit Technical on the rate computation on Bitcoin miners, anyway, we can view these also as one Expert Analysis Speculation on the future market, but if we base our analysis on the simple but basic, it is the Market Volatility, market price value goes up and down at any given time during the trading period, market correct itself after the market glitz, it is dependent on the volume of investment put in by the investors for Bitcoin, still Bitcoin remain strong and stable in the market.
1763  Bitcoin / Bitcoin Discussion / Re: to be come victorious in bitcoin on: August 02, 2018, 11:05:36 AM
My suggestion to everyone would be to be calmed, don't be greedy, have a patience in everything. Success will definitely touch your feet, never ever quit. Bitcoin's price is always volatile, as we see it's dump price and the market is red, never lose hope.




Always remember this one " He who quits does not succeed, he who succeeds does not quit".

Yes, to make a profit we must be able to survive, sure bitcoin prices can go up. The bitcoin value is unstable, but if the bitcoin decrease makes us panic and become panicked sellers, we will not get anything. Hope is always there, and believing it is necessary.


 Yes, quitter never succeed... in this line of investment one should have the capacity to be Patient, can take the beating on the market, have a sound decision on what ever situation it may happen in the market, Market is Volatile, one should understand that anything can happen at any given time during the market trading, price value may fall and goes up again after the market correction. Being Patient is always an advantages to those people who panic when the market movement goes beyond of what we expect.
1764  Bitcoin / Bitcoin Discussion / Re: Current cryptocurrency market situation on: August 02, 2018, 10:52:50 AM
2018 has been a very good year so far in my opinion!

we have had the very necessary bitcoin correction which corrected the whole market. bitcoin price corrected and it also helped the pumped shitcoins come down to their more realistic values which is still ongoing since they are mostly overpriced right now.
and also we have had the long awaited opportunity to buy cheaper bitcoins.
I would agree that BTC did have the necessary corrections and that now we can buy them cheaper but the market itself hasn't been that great.

I agree. Bitcoin started this year with more than 17K in January and dropped by more than half in just half a year with no true guarantee that it will get back on track. I'm afraid it might stabilize at 7-8K and stay like it for a long while.

if you are looking for a "guarantee" for a price rise then you are in the wrong business (investment)! nobody will ever guarantee a profit for any investment, bitcoin included. if there could be a guarantee then price would have risen only once and stopped there.

even if price does become stable in that range it is not a bad thing. in fact it can be an excellent thing because it will build a solid ground floor for the upcoming rise.

Market is Volatile, market movement is unpredictable, it may have price increase on the certain coin but downstream on other coin as posted, But look at the Bitcoin stability on the market, it remain on its good footing on the ground, never been more stable compared to other ALT coin as posted on the treed. all indicators favors Bitcoin, with good market structure, stable fundamentals, and high confidence level by the investors on the market. Bitcoin still the best choices in crypto market.




1765  Economy / Speculation / Re: Does positive news have any impact in bitcoin price on: August 02, 2018, 10:44:27 AM
It is obvious that the positive news has a positive impact on the growth of any cryptocurrency but it is not the only factor which governs the upward movement of that particular currency. The investors' trust and the demand towards that currency will be the major factors which will ensure the upward price movements and that will be supplemented by the positive news.

 You've mentioned that you have a comparative data from last year? well, if you really take into consideration studying the price market preview, you will have different statement,  Market is Volatile, yes, Market react on both the positive and negative news posted on the social media, print, and even on broadcast media, positive news positive reaction in the market, negative news has also a negative reaction, But there are a lot more indicators that affect the price value of Bitcoin in the market, like the issue on Regulation by government financial institution whom critical on Bitcoin transaction on the market.
1766  Alternate cryptocurrencies / Speculation (Altcoins) / Re: bitcoin down, altcoin rise. why? on: August 02, 2018, 10:36:01 AM
I do not understand what happened to some altcoins, I know that when correction, red altcoin dominates the crypto market.

but when the bitcoin correction, there is still altcoin that has increased and rises significantly.
 
what factors make altcoin rise when bitcoin falls?
share your knowledge with me!
altcoins that are less dependent on bitcoin values are bound to rise as bitcoin markets decline, altcoins with large volumes of investment are usually unaffected by bitcoin values

  The market is Volatile, some are doing business investment on Trading ALT coin to Bitcoin or vice versa bottom line market react, just the same with HODL, but it is always dependent on the Volume of investment put in by the traders in the crypto currency market. The correction in the crypto currency market after the market glitz often time affects some of the coins because of its Volatility. The more stable coin will have a dominance in the crypto trading, it will remain stable even with the ups and down of the market.
1767  Bitcoin / Bitcoin Discussion / Re: BTC parabolic bull run will not happen everytime on: August 01, 2018, 08:14:11 PM
Still it is uncertain how much the price can go up and it is tough to predict that too. But I am hopeful that the price will exceed the last years peak. I just love to believe that and let's see who wins.

  This is your own Speculative analysis about Bitcoin, yes, i may agree with you that sometime, the price value should be tested first before it break loss. Market is Volatile,  Bitcoin remain on Top among all ALT coin posted on the market, with good market structure, stable fundamentals, and with high level of confidence by the investors on Bitcoin, all this indicators set as foundation for Bitcoin. I am optimistic that Bitcoin will break loss again upward any time soon if not later this month or this year.
1768  Economy / Speculation / Re: what could cause bitcoin prices to go up and down? on: August 01, 2018, 08:06:58 PM
The reason which i think is main is its demand in market. And demand is directly dependent on the country policies, if the policies are against crypto then the demand in that country will be very less and the price will get decrease.

  Market is Volatile, price value of Bitcoin may goes up and goes down again dependent on the Volume of investment put in by the investors in the market, a lot of indicators that affect the price movement in the market, like the issues on Banned, Scammer, Hacker, and the issue on Regulation by the government financial institution whom critical on Bitcoin digital currency investment in the market. The other thing that might affect the price of value of Bitcoin is the Negative Speculation posted in this forum or in other, even the negative news about Bitcoin, market reacts on both positive or negative news item about Bitcoin.
1769  Economy / Speculation / Re: Why Bitcoin will not hit 20000 soon? on: August 01, 2018, 07:49:18 PM
On the contrary, there was panic last year but price eventually went up to such height and the same increase will repeat itself. I think we are rather going to have a bullish.
The price of bitcoin is cannot be predicted because bitcoin is volatile, volatility is normal, it means that its price is unpredictable to know if its going to increase or decrease. The price of bitcoin will maybe increase or decrease before the year ends, just like last year. Lets just hope that bitcoin will increase and reach its peak just like last year or even higher than that.

  This is just a Negative Speculation, no one can predict the market, what to become of Bitcoin in the future, every experts can only Speculate base on their own analysis, look at the Bitcoin status now? you maybe right on your own analysis about the effect of ICO vs. Bitcoin but should be supported by data analysis,  With out other coin participating in the crypto market as posted now in crypto market, investors would be sluggish, no excitement, no competition in the market. Beside Market is Volatile.
1770  Bitcoin / Bitcoin Discussion / Re: crypto currency ban in india on: July 31, 2018, 07:53:30 PM
hi......... if in case of crypto currency exchange or use of currency  has banned by RBI in india  means what is the further steps to withdraw the crypto currency 

Should the Indian government be able to compete with other countries in the world Cryptocurrency, because I think the Indian state will lose if it should prohibit Bitcoin.
many ways to make money withdrawal, just search on google! you will surely find it. so no need to worry about the incident and I hope everything can be in good condition.

  The news about this Banned on Crypto currency in India put Bitcoin again in the mainstream media, its all over the news, But i think, this issue had turn positive to crypto market, India Supreme Court still hearing this issue Crytpo currency vs. RBI.  will just wait for an update about this news from India.
1771  Economy / Speculation / Re: New Exchanges Are Coming? But It is OK? on: July 31, 2018, 07:47:46 PM
I think its ok and its great to have more exchanges, who knows the site can promote better than other exchanges and attract more people to invest in crypto, as long as the new site got a good security and serious about creating a good and legit site, then I think its okay, and new exchanges won't affecting the price

  This are good news for crypto currency market, a new additional coin in the market as posted. Almost every investors would set up their product for possible ICO, this is the new trend on the market today. product posted for ICO have a high degree to attract more investors in the market. it only dependent on what kind, how it is  feasible in the market, and we will see a lot more exchange soon in the market.
1772  Bitcoin / Bitcoin Discussion / Re: Poll reveals that 75% of the US investors believe bitcoin is 'very risky' on: July 31, 2018, 07:40:13 PM
Not only American but also investors from all over the world think that risk is too much, but the income for which we are risking covers everything.
[/quote

 We have a different opinion on the above topic question, This is just one of the Speculation from Poll survey, Every investment goes with the Risk factors in it, and all investors knew  this before investment into the market for specific coin or on Bitcoin. Everything here is at risk of losing dependent upon how you value your investment, you invest time to monitor then make a quick decision if needed to protect your investment.
1773  Economy / Economics / Re: bitcoin and altcoin on: July 31, 2018, 07:24:20 PM
Bitcoin and altcoin both are good for investment, the price of bitcoin will affect the price of altccoin also. At present investing in bitcoin is very good. Now the price starts to increase so we expect the price of some altcoins also increase. Not all altcoins fall but some have growth due to rise of bitcoin price. Today the market is in green the price of bitcoin increase little. If this rise will continue its very happy for bitcoin users.

 Bitcoin and ALT coin for investment? this are just my own opinion, Bitcoin is number one among all ALT coin, Price Value may goes ups but not with the same price increase on ALT coin as posted in the market, Some analysis as posted or even on the news say's it is the shift of investment on Bitcoin by the investors. not to mention that Market is Volatile, anything can happen at any given time.
1774  Bitcoin / Bitcoin Discussion / Re: Bitcoin 1 year change on: July 30, 2018, 02:53:42 PM
we will see what will happen as soon as

  What kind of Change you are talking about? Upon entry of Bitcoin somewhere in 2008 introduce by Satoshi Nakamoto, the significant change is on the Price value of Bitcoin in the market. Remember that Market is Volatile, anything can happen at any given time, it may goes up and down, but look at the present status of Bitcoin it remain stable in the market and gearing up for possible bull run again soon. That Change in 1 year.
1775  Bitcoin / Bitcoin Discussion / Re: Bitcoin investments? on: July 30, 2018, 02:45:10 PM
I think with an optimistic way we make an investment but sometimes there is a disadvantage that there is a drag so like your lottery

  The topic as posted above and the thread below somehow do not conform with what you really want, anyway,  Bitcoin  is an investment, it is Risky, and a lot more feature you can benefit in Bitcoin investment. So, invest now before its to late...
1776  Economy / Economics / Re: Does engaging with bitcoins put you at risk? on: July 30, 2018, 02:35:12 PM
We, as physically and intellectually healthy individuals, strive and survive to achieve our dreams, establish our roles in the society and fulfill our needs and wants. But in order to do this, we are also required to be financially healthy. The lingering fact is that money is not achievable as a single candy you can buy in the store. Sometimes, people risk their lives and reputation just to get a handful. Bitcoins are not officially a currency that you can just see in a certain country, that are being utilized and used. So, is dealing with bitcoins and other things related to it also puts us in a risky gamble?
It depends on how you will deal in bitcoin or cryptocurrency because investing your money on this is very risky.but investing your time wasnt

Because you can just invest time and effort to deal and make your way inside,how would this possible ?by joining bounties,and airdrops from this we can gain token or coins that can convert to fiat and then to bitcoin so gaining bitcoin without investing or risking money

  None of the supposed investment is negative Risk what so ever,  Investment in Bitcoin is Risky, you may lost the amount of investment anytime of the day if were not monitoring your investment, protecting it as well, all possible time and effort you put in either on campaign or what ever forum, there is always a degree of Risk involved, e.g. in Bounty Campaign not all Bounty Campaign are paying their participant, some are even Scam.
1777  Economy / Economics / Re: "Study" Shows Ethereum is More Decentralized Than Bitcoin on: July 30, 2018, 02:27:37 PM
The purpose of creating ETH is to replace the defects of Bitcoin. I think that ETH can replace Bitcoin in the future because everyone knows that ETH has more positive features than Bitcoin and most prominently is that ETH's transaction speed is much faster than Bitcoin.

a "decentralized" network is only as strong as its users, after all what is a decentralized network but a network run by the users? and when ETH users are like you who don't even know what ETH was created for and compare it with a currency, this network is doomed!

 I would not want to either discredit anyone here, my opinion on the above topic... Given the expert opinion is correct, what it is for the Bitcoin investors to compared the technology on this two coin yet, if we look into the prevailing market status it is par from the market price as posted. No more comparison on the technical issue...
1778  Economy / Economics / Re: Crypto replacing fiat? on: July 29, 2018, 11:07:44 PM
There are so many possibilities in here if the cryptocurrency will remove or replaced FIAT currency there are some people that doesn't want to use it because they don't know. There are some good deeds it can provide like the faster transactions to any people who use it. But before that happen for sure it will gonna be world discuss.
There will be a huge debate about this thing for sure, and I know this will not happen easily. I actually don't see cryptos to replace fiat, if that is the case cryptos will become more centralize so for me its not a good idea to replace fiat. Better to make a healthy competition with it and let people decide on what to use base on their liquidity.

 The  government has not fully accepted the crypto digital transaction with its country. They are responsible regarding the circulation for general  Tender of FIAT, They regulate  and implement the financial rules. Replacing FIAT is not possible at least for now. Look at the news on the issue of Regulation being confronted by Crypto by countries whom so critical about the used of crypto currency digital transaction.
1779  Economy / Economics / Re: What are your plans for the next 5 years in Finance? on: July 29, 2018, 10:55:44 PM
I plan to research DRIPS (Dividend Re Investment PlanS) and sink funds into stocks which fit that profile if I can find good ones. There are stocks which payout monthly dividends that could be worth checking out. Greater risk may be correlated with those greater rewards but monthly dividends are also something I plan to look into and learn more about.

Real estate and development of land is on my list. There are cool things ranging from organic farming to aquaponics which look juicy and enticing to me. I've done construction work in the past. Its a matter of saving a down payment and accumulating assets until I work my way up to being able to do things without going too much into debt.

There are other things I intend to pursue I don't want to go too much into. I feel like I've stuck too much to tried and established things and it would be good to venture into greyer areas where there isn't as much standardized info published and available. If only to avoid market saturation and focus more on challenging myself.
You might not want to get into development of land. I live in a country where houses are fucking expensive, construction companies are getting doomed, and Real Estate businesses are borrowing loans and shutting down their Real Estate business indefinitely, and fleeing the country forever. Its better to just stay in crypto, you know. Real life jobs are scary as fuck, am seeing more terminations than hiring and the country I live in is one of the richest and the costliest. The risk is too much to handle, just don't put yourself in the quicksand.

DRIPS just seem to be buying back of shares with the dividends that investors receive. They are still taxed, even if the investors don't receive it. Only advantage is, they get more shares at a discounted price and they don't have to pay a commission.

 My plans for the next 5 years, investment, investment,investment into crypto currency market, this is now the trend on the market, i don't want to be left behind.








1780  Economy / Economics / Re: Isnt it time to give up cryptocurrency ranking on: July 29, 2018, 03:54:52 PM
I agree with you that many people could be tricked by the coinmarketcap.com site.   I do like if for a general gauge of what's going on.  Not really sure on how else to rank the coins fairly though that enough people would get behind.  Like Bitcoin the ranking coins by market cap was a first mover and will be hard to dethrone. 

 We have different opinion on the above topic as posted, Ranking make clear presentation on the status of the said coin as posted in the market, it simple putting up a system where it is clear to understand by who ever is willing to make or planning for investment for the said coin. it will be chaotic for the market without the system implemented.
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