Welcome to the forums! Sounds like you are already part of the crypto world.
If you don't mind me asking what is cost of electricity in South-Africa? Love to see BTC spread through the world.
I have some mates in south africa and in some places is surprisingly high, to the point mining was definitely not profitable. In some other places its low, but people don't have money to buy machines. |
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Double digits is possible, but it's difficult to know without knowing how much ammo this bear whale has. If it's done right we could potentially hit double digits, but that would be with the assistance of the stop losses kicking in. I'm thinking 133-166 is the range it would most likely fall to. This whale is so close in triggering the first set of major stop losses which I feel are in the 215-225 range.
Just out of curiosity, does every market that goes through a long-ish bull or bear market have a unique individual that is personally responsible for that market condition? For example, is there a "gold whale"? There could even be a whale who's personally responsible for several different markets at once, no? Jesus, maybe? Probably so I'd imagine so there is probably only 1-2 real bear whales and same for bull whales. They are the ones who have the power to move and manipulate the market. Rest are just the normal Bears and bulls, but I think about 15% of the traders in here are just pigs that get slaughtered Its very difficult to move the BTC market in relevant magnitudes. I would say only a handful of 5% mega whales on coordination can generate as much pressure. Altcoins, for sure they are insanely manipulated. |
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Bitcoin is a permanently inflating commodity. The longer you hold it, the less valuable it comes.
Would you like to explain yourself? It makes no sense. What he said is basically the total opposite of reality, as time will show. |
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I got into Bitcoin when the prices reached $800. I was very lucky afterwards that this prices was to high for me and I did not buy Bitcoins at this time. Instead, I hoped to get into next Bitcoin and invested into Nxt what made me not rich but gave me some considerably wealth too. What I want to say is that there are always chances to make good money if you really get into promising coins.
Some altcoins had the potential for enormous profits but many also had the potential for enormous losses. While Bitcoin's price rose by 90 times in 2013, Litecoin's went up by nearly 600 times. Someone who had invested $13 into BTC in the beginning of 2013 and exchanged it for NXT while the IPO was still open would have been $5 million better off at one point. Compare this to 2012 when the BTC price only rose from $5 to $13 by the year's end. Not many opportunities were to be had there. The same is also probably true for 2015. If BTC does become truly mainstream then those who wait patiently today might eventually see very large returns in the future. Just like how those who had waited and held onto their coins in 2012 would have seen enormous returns in the following year. How come OP is "anonymous" and has no profile? Just realized when I tried to click on his nickname, but there's nothing... interesting.
Apparently, he was an infamous troll and got banned and his user account removed. How come OP is "anonymous" and has no profile? Just realized when I tried to click on his nickname, but there's nothing... interesting.
Look up the user names Atlas, Jon, Immanuel Go, Ragnar, ALPHA, anonymous, Boss and you'll see most of his threads. He had more nicks than hookers have tricks. Well that explains it. Previously I used to think that the forums supported anonymous/guest posting and OP was one of such users. Strange that they would actually go so far as to delete the account though. There are plenty of really interesting projects happening now in crypto/decentralziation. The thing is, it takes both skill and a lot of luck to spot the good ones. Even if you invest in something that's objectively great, it doesn't necessarly mean it will catch up with the popular and deliver massive gains. Yup, definitely. In fact, if NXT were to be released today, most people would probably think it was a scam and not invest. During its IPO phase, the coin had no whitepaper, no code, no working beta, no escrow, and an anonymous newbie dev. Then there were other coins like Stackcoin which passed the "scam check reviews" in place at the time but still turned out to be scams. Both coins promised a lot of new, exciting things but only one of them would have gained you money. Also, the main reason why the NXT IPO made such massive profits for its investors was the absolutely tiny size of it. Only 21 BTC was ever invested. Projects like Ethereum are doing innovative things but their IPOs are usually much more massive compared to NXT's so even if these coins reach multi-million dollar market caps, it's highly unlikely that you would see the same type of returns on your investment. The reputation of IPOs has been damaged beyond belief, too many scams, but those that turn out ok, do make massive profits for investors. NXT is a good idea, but I dont like the fact there are massive ass stakeholders making money out of holding. Ethereum... Vitalik has criticized Bitcoin a lot, he's delayed Ethereum beyond belief, all of this while of course accepting the Bitcoin he criticizes. |
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It's weird to find people that use Bitcoin in real life. Difficult to find male, impossible to find female, in my experience I have never seen a person in real life using BTC.
Online doesn't count since you can find anything.
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any idea what is this?
its 14th april is already, and few more hours left for 15th april,and i noticed around 5% drop in price
i hope you are not talking about this 5% drop or a big drop
OP hasn't been around since mid febraury. Nothing will happen, and whatever happen will not be that relevant and some will say "OP was right" when it was something totally unrelated. |
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Rusia is a beautiful country with a lot of good people, too bad their leaders have been nutjobs all the way thought history. So much wasted potential. This meme thing sounds straight out of april fools. Now they'll need TOR to even make some stupid paint jokes, just wow.
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Yes, there are millions of muslims out there, therefore the hateful muslim extremists that go around doing that jihad shit are a minority, the problem is, you even know who is on the process of becoming a radical, about to blow himself up in hopes to get some after life pussy. Jesus christ, what a bunch of nutjobs, it never gets any less insane no matter how many times you reduce the whole thing for what it is.
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101 to scams and specially random emails that come out of nowhere, supposedly from a trusted source: If it sounds too good to be true, it is too good to be true, therefore it's false.
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An impenetrable bunker open to anyone that wants to freely trade in the middle of the financial doomsday.
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'Satoshi' could be a highly educated American woman, a tripped-out Oriental female (pictured below), or perhaps a sexless alien from a distant planet. Did the subject ever come up in his early posts? Edit: "Satoshi" is usually a male name, but that could just be part of the cover. Do you assume Satoshi was a Male?  My guess is it's a male because the demographics for electronic-software stuff is male, simply based on raw statistics. |
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Virwox is great if you are on a serious hurry but i think its limited to 80 USD the first time and the fees are high... |
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my crystal ball says 2yrs.
I expect 2015 to give the price a slow recovery (though it might first continue dropping in the coming weeks)
2016, when we'll be nearing the block reward halving should start another bullrun...
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It would be pretty nasty that reddit delivered private information, but how silly are these agents I think? they all probably under TOR anyway.
Personally i dont care tho, my only drug is making Bitcoin.
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I had no idea about investing before bitcoin, I learned charts and making money out of investing on things, the whole thing.
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How will prices of Bitcoin if 21M Bitcoin has been mined ?
Anyone owning 1 BTC by then will be part of the 1% of the new Cryptorothchilds. Sadly we'll all be buried by then. Scary thought indeed. |
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We need to be more open minded. We're almost in dangerous territory, where the community attacks anyone who delivers a less than glowing analysis, whether that person is famous like Buffett or a fellow poster on Bitcoin talk. Always looking for ulterior motives as well, whether it's because Buffett owns bank stocks, someone else could be a supposed paid shill or else the constant contention that people are trying to spread FUD in order to buy on the cheap.
Fact is, bitcoins future could be less than glowing, or we could colkectively be overvaluing it.
As far as disinterested parties go, I thibh Buffett is in that crowd. Unlike all of us, he doesn't own Bitcoin, so his prerogative isn't seeing its value skyrocket. Yes, Bitcoin competes with the banks and credit card companies he owns, but that's beside the fact, I think. If Bitcoin was to take hold as so many of us hope, it's valuation COULD increase manyfold. He could buy a substantial amount of bitcoins for what would be pocket change to him. If there's even a 1% chance of it succeeding, then the losses in his finance investments would be made up for by gains in Btc. So yeah; he might be an owner of financial stocks, but he's one of the shrewdest investments minds out there, so I wouldn't discount his analysis simply because of his equity exposure
This is a man that talks down PMs but attempted to corner the silver market years ago
The problem is he doesn't know what he is talking about. He literally does not get it, he doesn't know how to use it, and not only that, he doesn't know what Bitcoin really does and therefore what role it plays. Tell me why should I hear this guy then. |
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You better hope it collapses the dollar is worthless except for the Ponzi bankers, this money puts you in debt and your children in debt.
Jobs are useless low paid, you go borrow to pay your debt, you cannot pay your debt, so they print more money for the bankers to Ponzificate it to you the slave' who works for nothing in the long run.
Corrupt CEOs who work for the government are corrupt, senators mayors, police, and all those on Capitol hill.
Billions of your tax dollars going to arm this sect that sect, and you want it that way?, ffs
Should I say Kiev... you spent a lot of dollars there to prop up a puppet government and many other countries around the world.
Think of any corrupt government in the world "any" your tax dollars are there.
Should the dollar collapse "Yeah"
Everything you say it's true, but there is a big difference from "it should" to "it's going to". I think the dollar scam is still powerful enough to be running for at least a couple decades now. Of course we'll see BTC being the antagonist of this and raising in the meantime so all's good. |
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I think that soon the dollar will collapse. Call me crazy but the debt is growing to a massive size and banks only actually own less than 10% of what they hold. If everyone withdraws at the same time, banks would not be able to pay them out and therefore would have to file bankrupts and close, even if they say they have 10 billion dollars, they don't actually have that much. its called fractional reserve banking.
Everyone doesn't withdraw at the same time, it's called synchronization. Banks have been operating for centuries at far lower reserve rates. There have been banking collapses but no dollar collapses during that time. Between higher reserve requirements and the FDIC, a bank run on the scale of the one that caused the Great Depression is unlikely. Yes of course everyone doesn't withdraw at the same time, but if they did the bank would not be able to pay them all out and that is a fact. I think that something soon in the next 10 years will have some big change with the government, maybe a large default or a massive change. The fact that banks do not hold all deposits on hand is a known fact, and something you explicitly agree to when making a deposit. Half this forum seems to miss the fact that banks are private businesses with which you voluntarily deposit money. They even pay you to do it. Yeah what happened in spain recently last week should be a reminder of how banks aren't any safer than your average Bitcoin exchange, but the diferenec is we can be our own banks with Bitcoin, we have that options, this is why it's SO obvious to me and anyone with half a brain for a broad vision of were we are at today and were we are headed to, of how Bitcoin is going to play a main role in the future and how the price is insanely cheap today. |
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