The core devs have to do something about energy consumption.I think that it`s possible to lower the energy consumption rates and make mining more useful,by using the heat from the mining hardware during the winter.
I read that all the cryptocurrncy mining in the world consumes the same amount of energy of a small country like Serbia and it increases all the time.
Mining and transaction issues are more important that the bitcoin price and it`s ATH,but the people just don`t care about that.
All the developers do is make code. The energy consumption bit is down to miners and those who build and design mining hardware. They're ruthlessly incentivised to minimise cost and consumption and you can bet your tight little buns they'll go all out to do it. And don't listen to this bilge about rows of incubators filled with dead babies because Bitcoin stole all the electricity, that's just a tad melodramatic. If mining would change into 100% pure transaction handling then people will be consuming energy to complete transactions. This would benefit the Bitcoin system alot. Have no idea if this is possible... |
|
|
|
I dont short bitcoin, or anything, ever. With a short you can make a limited gain and an infinite loss. It makes no sense. As for bitcoin the most bearish possible position I allow myself to have is to have 20% BTC and 80% fiat. It's why I'm still here.
I say Bitfinex is goxy solely because I've been watching the trading for several days and made these observations:
-Periods of lag
-Periods of disappearing volume - I assume because traders cannot access the exchange
-Moving walls
-Continuously shrinking order book
-Huge arb below other exchanges
-Banned US traders
I dont get why this is such a touchy subject when I mention it. I thought all of you hated Finex too.
Do they have a WillBot manipulating the price? Do they have a single person running the company that can make a run for the door? |
|
|
|
Pretty much spot on, but why are we wasting our time?
"I am sending this message from 2025. The situation here is lousy, and some of you are responsible for it" The world is ruined in 2025.... Take away points --------------------------- So stay up to 2021 at least and get $1M/ BTCThen party hard and die before 2025  Anyways it is easy to do what he does 2010 $0.1 2011 $1 2012 $10 2013 $100 ------------------ 2015 $1,000 2017 $10,000 2019 $100,000 2021 $1,000,000 ------------------ 2024 $10,000,000 2027 $100,000,000 2030 $1,000,000,000 2033 $10,000,000,000 ------------------ 2037 $100,000,000,000 2041 $1,000,000,000,000 2045 $10,000,000,000,000 2059 $100,000,000,000,000 |
|
|
|
Run for the door ... I will be here with the few that will become billionaires  |
|
|
|
I HODL and do the normal sleep/work/sleep/work cycle |
|
|
|
|
If ECDSA is hacked most encryption in the world is hacked.
Bitcoin would be worthless and so would all internet security.
If such a hack would be possible it would probably not be mainstream usable.
|
|
|
|
|
Yes this can still happen.
Usually with a crash/correction like this another one follows.
But with the current adoption of Bitcoin I would put your order on the books now because you won't have time when it hits that for a short moment.
|
|
|
|
What if the dollar hyperinflates..... I bet that will happen first |
|
|
|
It's always best to not get sucked in by hypers and false fortune tellers lol.
Current sentiment is "MY PRECIOUS!!! MY PRECIOUS!!!"  |
|
|
|
Funny when someone reacts to their own thread |
|
|
|
Price will be 70 k end of 2018.
Relax or you'll break your Ctrl-V keys  |
|
|
|
Good point. A correction like this never comes alone. Dip Panic Relief Super Dip BLOOD Recovery |
|
|
|
Please stop spamming the forum by creating dozens of useless threads.
+1 |
|
|
|
20k this year is unlikely but still possible |
|
|
|
I always regret that I sold Bitcoin, but I regret that I did not sell it for the first time yesterday, and some of my friends made fun of me. These guys are very experienced and have sold Bitcoin at $ 20000 level.
When someone gets out they feel it was the right thing to do. They will "market" their idea... why you will ask .. Well the answer is simple... they don't want you to stay in the game because you might make more money then they did. Also they will be butt-hurt if it goes to 100k.... Follow your gut feeling .... Bitcoin isn't over yet |
|
|
|
Bitcoin is where Speculation meets Casino .... It will bursts at $1 per satoshi |
|
|
|
I have had at least 3 people telling me to get out now, this time is different, etc.... For me this is comforting because I know - the weak hands are running for the door - the big investors want you out This is the first place I would actually consider using the term "FAKE NEWS" And a salmon doesn't get offspring by swimming down stream  If you got rich by doing what others said then we would all be billionaires. |
|
|
|
10k is a solid support level
We'll see about that ... soon enough Fingers crossed |
|
|
|
I'm fine with this, no panic from my side. Situations like this already happened in the past and Bitcoin came back even stronger than before. Every time BTC start losing value people say it's because transactions fees and that people will start using Bitcoin Cash or any other Crypto-Currency and all that I see all the time is Bitcoin recovering its strength and bringing even more investors to Crypto-Currency world.
Although some people consider the current downfall in the price of bitcoin as panic selling, but i think that these the new investors who do not know about bitcoin nature. To me i personally very much confident and do not feel any panic and that is the reason that i am still holding my bitcoin very confidently, I think that the correction will over very soon and bitcoin will pick his track again. we need to remain as calm specially the long term investors because there is no as such bad news about bitcoin and hope that bitcoin price will continue increasing its price for a long time and possible very soon we see the price trading above 50000$ on board. I have the same confidence. Bitcoin will stabilize and go back to it's stable growth. |
|
|
|
|
10k is a solid support level
|
|
|
|
|
Show Posts
