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NEO is definitely a great investment, just look at the graphs, you'll see that NEO has held strong whilst other coins have faltered. Even during the recent dip it managed to hold strong, and is actually quite close to its peak. I fully expect that NEO could break the $1,000 mark by the end of the year, and it may even make it into the top 5 by market cap. NEO, LTC, ETH and BTC are the ones to hold.
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I too believe that BCH is a pump and dump scam coin, though I doubt we have seen the last pump as it is nowhere near its previous high.
I would avoid getting involved in BCH, it is not the solution to the scaling problem no matter what its shills would have you believe. Stick with Bitcoin, believe in the network and fight for its security. We'll all make it.
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Electricity costs vary from country and are often related to the general cost of living. Some quick research indicates that in South Korea, power consumption is not billed in a linear fashion, but in some pseudo-exponential way, whereby tripling power consumption leads to a 10 fold increase in the bill. Obviously for high power miners this becomes a problem. Though I wouldn't say it is necessarily accurate to say it costs $26,000, as one could still set up their own solar array even in South Korea.
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These two are businessmen, they know that offloading their entire stash would probably crash the market and hence collapse the long term value of their holdings. Logically, they will sell small amounts over time if they require fiat. However, they probably know that Bitcoin still has massive potential to hit over $50,000. It would be a poor business decision to sell most of their holdings now, though I'm sure they do release small amounts of equity when necessary.
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Are you a shill for the Bitcoin cash pump and dump? Current bitcoin fees are as low as 10sat/b and are being confirmed very quickly; https://bitcoinfees.earn.com/This is the lowest they have been in a long time, I think Bitcoin is improving drastically, probably due to the push for segwit adoption. |
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If I recall correctly, Jr members are no longer able to add links to their signature, this is reserved for members and above.
It would be best if you take part in alternative bounties, such as Twitter, Telegram and Facebook campaigns until you've reached the required amount of merit to rank up. However, a quick browse over your post quality indicates that this is very unlikely to happen, as merit is hard come by, and you probably wont be getting any based on how you post.
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You must be woefully ignorant of the current state of artificial intelligence to even believe that this could be remotely possible. AI struggles to understand the environment, robots can barely open a door without falling down, and chatbots are glaringly obvious. And yet you believe it's possible that an AI has manipulated the entire world for its own needs? Especially one created in 2008?
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Fluctuations in price, even large fluctations occur quite regularly with bitcoin. I would suggest holding your coins through the dip in price, do not actualizes any losses that you may have one through. So far, bitcoin has invariably recovered from these dips, and this will be no different. Obviously the size of the dip is proportional to how long it takes to recover, but you can expect recovery with 2-3 months. If you haven't invested yes, the best time to buy in is when the bottom of the dip has been reached and the price has began recovery, you can usually see this point at around a 10% improvement on the bottom price.
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If your bank was hacked, would you suddenly lose faith in fiat currency? Would you suddenly convert all your fiat currency into bitcoin? No, I highly doubt it. People need to stop blaming bitcoin, it isn't bitcoin that is vulnerable to hacking, it is the exchanges that don't properly secure their assets. Similarly bank heists used to be much more common until precautionary measures were taken. A few events like this will make bitcoin stronger, as security protocols around its storage are bolstered.
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I highly doubt these fluctuations in price are due to the collaboration of super whales, $550 billion.... $550 BILLION. Do you know how many whales would need to be collaboration to crash the market by that amount? There are very few known people with over $1 billion in bitcoin, there are none known with over $10 billion. A dip like the one we saw was simply due to panic selling, the recent weak hands that bought in around October/November last year saw a dip, FUD was spread and they sold and actualized their losses.
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Learn to code, start with HTML, CSS and JQuery. You can then earn a basic income from freelancing sites such as upwork and freelancer, perhaps even Fiverrr. Once you're proficient in those and are making a small amount of money, you can progress to full stack development in Ruby, SQL, Ajax etc and can start to charge higher fees.
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Honestly, it could very well be that programming techniques based around blockchain, or those that complement one another could become a college major. I suspect if a college began offering such a course it would certainly reach the news, and would have no shortage of applicants. The technology is still new, many corporations have their eyes on the technology and proficiency would look good any any resumé.
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I think you are right that few people will continue to HODL through the $100,000 bracket. Once bitcoin reaches that level of adoption it will be less about holding and more about transacting in bitcoin. Personally I will still HODL one or two bitcoins just to see how high it can reach, whilst the rest will be used as spendable funds.
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The bitcoin miners solved cryptographical problems known as hashes, solving these hashes leads to a reward of bitcoins, the number of bitcoins awarded is reduced over time, and the difficulty of the hashes increases over time, leading to increased scarcity of bitcoins as time progresses. Bitcoin miners also receive the transaction fee for their involvement in the transaction confirmation process. I guess we call it mining due to the way that the miners chip away at the problem.
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I think one simple way of improving the face of bitcoin would be to group together and pay for advertisement in prominent places, such Time Square (Manhattan), Central Paris, Central London, and the capital cities of many countries. These advertisements would contact important, easy to understand information about why bitcoin will succeed, and why they should ignore the media. It will also include a basic link explaining the core concepts of bitcoin, the lightning network or another solution, and how together we can step out from under the curtain.
Pretty sure that billboard advertising in these places runs at least $100,000 per week, so it would definitely take a large collaborative effort to get it going, but I am sure it would massively improve the prospects of bitcoin.
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The media seems to be on a mission to discredit bitcoin, rather than blaming human greed, they blame the payment system for the crime. Absolutely ridiculous logic, the crimes would persist with or without bitcoin. I think the problem is there is no counterbalancing force out there, only mainstream media reaches enough viewers to impact BTC price, there is no pro-BTC organisation that can spread the benefits of BTC to as many people, hence negative news will always outweigh the positive.
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It really depends on how much risk you want to take, as the risk is almost always positively correlated with the reward. I would suggest investing small amounts into a few promising low market cap coins (sub $100m market cap). You can find these on Coinmarketcap. Read the whitepapers of those which are showing good gains, and see if there is long term growth potential for the coin. As for the top 10 coins, I'd suggest NEO due to its stability even during the recent dip. |
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Why do morons like you post FUD spreading topics like this? Enjoy your tags you absolute idiot.
For any readers, there is no blanket ban of cryptocurrency, or even bitcoin in Europe. The above idiot is simply trying to manipulate the market and will obviously fail because he can barely spell.
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