Bitcoin Forum
May 12, 2024, 05:18:42 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 [51] 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 »
1001  Alternate cryptocurrencies / Speculation (Altcoins) / Re: My Crypto Portfolio. Will I be able to Retire in 5 years? on: June 28, 2017, 05:34:29 AM
Hello. I need about 2M US dollars to retire. I have made my crypto investments and want to know if you guys think it's possible to retire on my portfolio within the next 5 years.



Discuss.
Assuming you are still holding these coins until today, your current investment is
ETC = 2723*0.0069 = 18.78 BTC
LTC = 566*0.015 = 8.49 BTC
STEEM = 3500*0.00068 = 2.38 BTC
POT= 400000*0.000043 = 17.2 BTC

Your total investment now worth 46.85 BTC from 22.85 BTC. Your investment doubled and congratulations for you.
In USD, 46.85*$2450 = $114,782.5 still long journey to reach 2M dollars
1002  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Primalbase - The next THE BILLION COIN on: June 28, 2017, 03:25:47 AM
I think it's underpriced. They sold all coins in 1 day and they collected less than most of other ICO's. They could get more coins if they don't put hardcap on it. I hope the price will rise in exchanges, people have very big interest to Primalbase.
ALL coin sold out in 2 days. I though it would sold out in 1 day when the discount still 40%. From their whitepaper and their future planning, i never thiink their price is overpruced. They have good plan and also they have many familiar people who supported this project. We will see this coin could be turned into highest price in crytocurenccy world.
1003  Bitcoin / Bitcoin Discussion / Re: Bitcoin OVERFLOW => If You Are Not Rich Now :) It <Mean You'll Never .... on: June 20, 2017, 04:49:13 AM
I agree most people can't afford to buy Bitcoin at the current price.

This is how you stay poor for your whole life.

If Bitcoin is going to double in the next 3 months, then it doesn't matter whether the price is $1 or $100,000.  You will still double your money.  Therefore, bitcoin price is good for rich people and poor people.  It is the same amount of good for rich people as it is good for poor people.  Everyone is happy. 
1004  Bitcoin / Bitcoin Discussion / Re: Bitcoin OVERFLOW => If You Are Not Rich Now :) It <Mean You'll Never .... on: June 20, 2017, 04:45:45 AM
It's true that people that are starting to buy now probably won't be rich. The early investors are all probably extremely wealthy right now. The price right now is just too high to buy in my opinion.
I remember a bunch of people saying the same thing when bitcoin when above $1 for the first time.  I wonder what clever words you will have when bitcoin = $10,000.

1005  Bitcoin / Bitcoin Discussion / Re: Bitcoin may not be number one for long on: June 19, 2017, 04:15:04 PM
Today, Ethereum's value is 81.5% of Bitcoin's value
1006  Bitcoin / Bitcoin Discussion / Re: Segwit opens the door for mining cartels on: June 19, 2017, 05:24:40 AM

The author is Craig Wright.  Wait a minute?!  Isn't that the guy who invented bitcoin?  Isn't that Satoshi?
1007  Alternate cryptocurrencies / Altcoin Discussion / Re: Predict the date for the 'Flippening' - on: June 18, 2017, 08:53:48 AM
Well surely it wasn't easy to comprehend for me but what I understand is that you think Ethereum has much bigger potential than bitcoin, because BTC is only a currency and ETH is many things and only lastly a currency.

But why do you say that if I invest in bitcoin I "will lose a shitload of value as ETH continues to rise like crazy"? Maybe people who invest in ETH will earn more, that's possible, but I think bitcoiners will be in profit too.

Bitcoin has been cripple by lunatics who are trying to take over.  It will operate as a 'store of value' (just like gold) for some time.  But as more and more systems are deployed on the Ethereum platform, people will continue to abandon bitcoin - even for the only good function for Bitcoin - store of value. 

The funny thing is everyone keeps saying bitcoin is good because of good merchant adoption and use as currency.  Use as currency is near zero. >$5 in transaction fees means for purchases less than $100 it is horrible.  Even if the fees were 0, the manner of paying via QR has very low adoption.  Bitcoin is a horrible currency.  Currency is the very dumbest of all the applications that can be built onto a blockchain.  Currency can easily be built onto Ethereum too.  But nobody gives a shit about that, they are working on important stuff instead. 

1008  Alternate cryptocurrencies / Altcoin Discussion / Re: Predict the date for the 'Flippening' - on: June 18, 2017, 07:38:26 AM
in other words ethereum is centralized.
Your blind love of 'decentralized' has led you down a bad path. 

Ethereum nodes are widely distributed and can be run by anyone.  It is decentralized.  But their team is organized.  Bitcoin has one big group of assholes who hate the other big group of assholes.  This makes for ZERO progress.  If you love decentralized zero progress, bet on Bitcoin.  Bitcoin is your horse.  If you love high function, highly organized development team that is building a decentralized platform, then Ethereum is the one to bet on. 

Bitcoin has vigorously proved that 'consensus' just means a forever impasse.  Bitcoin is literally going nowhere.  It is stuck and it is 100% immovable. 
1009  Alternate cryptocurrencies / Altcoin Discussion / Re: Predict the date for the 'Flippening' - on: June 18, 2017, 06:18:59 AM
If you think Ether is competing with Bitcoin for merchant transactions you don't understand what Ethereum is offering. Ether tokens represent computing power on Ethereum's blockchain platform, it's not a monetary currency to buy goods and services. (The Ethereum folks mention this on their website).

The "market observers" who coined the word "the Flippening" are confusing too many people. This isn't about Ether replacing Bitcoin. It's about the investment value of bitcoin the currency and ether the computing power token. It's frustrating that so many people are confusing this key detail.

From a Coindesk article on the FLippening "branded 'The Flippening' by market observers, this new hypothetical is defined loosely as the point at which a competing blockchain network could replace bitcoin as the largest and best capitalized blockchain." (http://www.coindesk.com/flippening-will-ether-pass-bitcoin-will-mean/)

This "guess the date" question is like guessing when the market cap of Google exceeded the market cap of the Euro.

The only similarity is that since the crypto market is so small some money that was invested in Bitcoin is likely being sold to invest in Ethereum....not as a currency but because the price per token is sky rocketing.

This reply looks very interesting and reasonable at the same time. It would be really great to see the OP's reply to this.

I was always thinking that Ethereum is a good investment but I never thought that you can't buy goods with ETH. Is that true? I thought theoretically we can buy goods with any coin.

Whether or not you can 'buy goods' with ETH isn't so interesting.  You merely need a counterparty who agrees.  It reminds me of the Lamborghini dealer who sells cars for bitcoin - who the fuck cares?!  That isn't an indicator that bitcoin is powerful and becoming widely accepted, it just means some Lamborghini dealer will handle the conversion to fiat on his end.  Yet the community takes this a 'proof' of bitcoin's versatility.  Not all in the Bitcoin community are so sharp.

Ethereum is a platform that will support many, many remarkable types of transactions and relationships between parties and especially where those relationships include transfer of value.  Bitcoin is similar, but the general purpose platform is very seriously limited.  Bitcoin has been devised to support the primary application: currency.  Ethereum will have many application and certainly does support the 'currency' application.  But nobody in the Ethereum project really cares about the currency application because there is so much important stuff to work on for now.  currency and merchant adoption are very low on the importance list.  They will come later.  For now, the whole team is building the engine room.  Silly apps are of much concern until later.  

But the big thing to pay attention to is this: 1) Ethereum is being worked very seriously, everyday, by thousands of smart people in many companies, i.e. even Microsoft.  Conversely, Bitcoin 'leaders' are fighting like little schoolgirls as Adam Back tries to push Bitcoin into a corner for monopolization of transactions on his Lightning Network.  Bitcoin has made zero technical progress in 3 years.   2) Ethereum functionality is HUGE when compared to Bitcoin functionality.  Even if Bitcoin decided to liberalize the scripting - it will be a silly joke compared to Ethereum.  Bitcoin hasn't liberalized scripting.  The opposite.  Bitcoin hasn't even changed the limit from 1MB to ?MB.  The smallest imaginable change.  This tiny technical change produced a three year fight with still no solution.  Technical advance cannot happen in the 'consensus' scheme.  For that reason, Ethereum has remarkable advance and Bitcoin is forever stuck precisely where it was 3 years ago.  

If you are not very good at thinking and you don't understand what I just wrote, then consider this: If you hodl your bitcoin, you will lose a shitload of value as ETH continues to rise like crazy for the next year or two.  Probably even longer.

1010  Alternate cryptocurrencies / Altcoin Discussion / Re: Predict the date for the 'Flippening' - on: June 17, 2017, 02:52:23 PM
no one smart cares much about the market cap. as that can swing..
plus the market cap is just measuring how much the fools can get when the exit back to fiat.. missing the point of crypto's features and benefits

what would be best to look out for is when/if merchant adoption via bitpay/coinbase 'flips' away from bitcoin.. then things will really change
Yes, market cap can swing.  So what?  What does that prove?  

Merchant adoption is just one of the many uses of crypto.  It also happens to be the very dumbest.  Even in a shit system like Bitcoin, merchant use is pathetically unimportant.  Merchants don't even have the bandwidth to deal with 'debit or credit?'.  They will never tolerate garbage overhead necessary with bitcoin payments.  Merchant adoption is the very last application in both Bitcoin and Ether.

Clearly, you don't understand about crypto-platforms.  

Answer me this riddle: why are nearly ALL the majors like universities, governments, banks, industry, business, vigorously targeting Ethereum now?  It is because the 3 years of infighting at Bitcoin has run everyone off.  They are off doing new cool things on non-hostile platforms.  

The Flippening is happening!  

You won't stop that.


I also don't think market cap does make a difference when it comes to users who are contributing to the coin they are using in the first place. Embarrassed\

And in this moment and time the winner of this distinction goes to bitcoin.

The king of all crypto. Cool
Keep saying that while your miserable fortune dwindles yet even further each day until the Flippening.
1011  Alternate cryptocurrencies / Altcoin Discussion / Predict the date for the 'Flippening' - on: June 17, 2017, 02:23:37 PM
ETH community are busy building something remarkable.  Bitcoin people are busy arguing like pussies for three years while making no progress at all.  Very soon ETH market cap is going to pass the Bitcoin market cap.  Guess the date and win a prize!!!  

Presently: 43 / 35.  ETH is now 81% of Bitcoin's total market cap value.  It won't be long now.

I guess July 18, 12:01:01!  
1012  Bitcoin / Bitcoin Discussion / Re: Bitcoin may not be number one for long on: June 15, 2017, 04:00:32 PM
es, Bitcoin cannot be te number one forever but not that soon, Bitcoin should be in its place for at least 5 - 10 years.
It won't even be number one in 30 days.  Ethereum is most certainly going to exceed BTC marketcap soon.  BTC is in very big trouble - even if there is no fork.  'Management by consensus' = 'forever impasse' and very ugly two year civil war just to change one little thing.
1013  Economy / Speculation / Re: drop of the value... any reasons? on: June 15, 2017, 05:55:35 AM
Hi,
i'm trying to understand why all crypto and especially BTC is falling dow since 48h? It's because the fear of the segwit to come in several weeks? Is the chinese market trading low?...
I think this is currently the same big falling as the one of the previous 25 may.. it dropped of 33% in 4 days, now we see almost the same loss.. But i can't really know why.
Pierre
The reason is the Core/Blockstream are about to force a contentious fork on the blockchain.  This is about the same as a ship hitting an iceberg.  Maybe it will survive; maybe not.  But in either case, it is very fucking bad. 

Blockstream thinks they own the blockchain and that they should be able to monetize all small transactions. They fucking ruined it.  Go buy Ethereum now.  Ethereum is the de facto world currency and monetary platform.  Even Microsoft (and many, many other important companies) is investing large teams of people to work on Ethereum integrations.  Ethereum is very well organized and moving forward with development.  Bitcoin has been infighting for 2 years now - making no progress at all.  How long are you going to wait around for a solution while the other platform flies like a rocket to the moon?  Bitcoin holders are fucked.  Especially once the fork hits. 

Do you really think a two year Bitcoin war and those 'leaders' at Core are what you want to bet on? lol.  That is otherwise known as a 'pig fuck'. 
1014  Bitcoin / Bitcoin Discussion / Re: Do you still think your wallet is safe? - London fire takes Bitcoin on: June 14, 2017, 08:34:44 AM
You should be perma banned for opening a topic like that  Angry
F-U dipshit.  I am helping bitcoiners protect themselves by reminding them to be safe.  I don't give a fuck about the result of that fire - I didn't set the fucker. 

That's what you get these days, some politically correct guy telling you you can't talk about something.  This idea that we can say things because somebody will get offended is screwing up the world.  We need to get rid of these assholes who get offended about everything. 


that sucks, but it is strange that someone with 1700+ bitcoin didn't think of a better way of storing them and keeping additional backups some place else!
i mean that is already 4-5 million dollars you think they keep a backup in a bank's safety deposit box...
Just a few months ago, it wasn't worth so much.  We always think we will finally get to doing it right.


You should be perma banned for opening a topic like that  Angry
Says the creepy guy with a clown in his avatar.
I know - right?  wtf?

1015  Bitcoin / Bitcoin Discussion / Do you still think your wallet is safe? - London fire takes Bitcoin on: June 14, 2017, 05:31:07 AM
Is your wallet really in a safe place?  These guys thought so too.  Residents of this horrible London fire have already reported a HUGE bitcoin loss.  1,734 bitcoin on a paper cold wallet were destroyed today.  Make certain you have smart backups. 



1016  Bitcoin / Bitcoin Discussion / Re: $8 fee? for a $73 transaction? Really what the fuc is going on? on: June 13, 2017, 02:42:18 PM
I am not in a hurry for a payment.
I did not make the payment yet. I Refuse to pay this kind of fee.
Pay it. Don't wait.  The longer you wait, the higher the fee.  It has been going like that for a few years now.  The fee will be $25 soon.  This is the way Blockstream wants it.  That way, you'll want to use their network service which will only have a small fee!  lolololol.  Hahahaha.  Get it?!  Adam Back wants to capture all the fee traffic!!! 
1017  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: FLIPPENING WATCH on: June 13, 2017, 02:37:33 PM
that site is missing the most vital criteria of all

"merchants accepting.."

Bitcoin charges $5 per transaction.  Therefore Zero merchants accept Bitcoin despite the bs BitPay puts out.  So that one is a tie.  0 = 0
1018  Bitcoin / Bitcoin Discussion / Adam Back - world class epic fuckwit on: June 13, 2017, 12:11:25 PM
Will Adam Back and Greg Maxwell forever be known as World Class Epic Fuckwits for all of time due to the fact that they alone ruined Bitcoin pretending they didn't hold the keys to settle the impasse?
1019  Bitcoin / Bitcoin Discussion / Re: Bitcoin may not be number one for long on: June 13, 2017, 05:42:42 AM
Bitcoin will always remain Bitcoin: the first, the original, the best. Ethereum will remain Ethereum, it will never replace Bitcoin.
Sorry Paluka, it already has replaced Bitcoin.  You are just too dumb to understand why.  You'll catch up in a year or two. 
1020  Bitcoin / Bitcoin Discussion / Re: Bitcoin may not be number one for long on: June 12, 2017, 12:37:50 PM
Remember that the most valuable things are not always the best.
What the hell kind of stupidity is that?
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 [51] 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!