I had a quick look, but couldn't see much without registering and logging in. Does Hashnest/Bitmain provide proof of mining (it's easy to imagine that they have access to Bitmain miners, but proof is another thing)? Sad to say, but not currently lying, stealing or cheating isn't good enough - most cloud mining ops seem to have behaved OK at some point
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Sad to see this turn into another rotten scam. One lesson learned though, never ever invest in dodgyany cloud mining sites.
Yeah, I had high hopes for cloud mining but it seems that they're all ponzis/HYIPs. Are there any that offer proof of mining? Better still, are there any where hash power can be traded on external exchanges? (I kinda thought that cex.io was going to do that - allow trading of hash power from other cloud mining sites - but it didn't, is that correct?)
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because its the most possible condition to reach 18k/btc So, is under one million US dollars sufficient to sustain the global retail sector? It seems to me that you're saying that 18k is impossible, unless there's some hidden message that I've missed? just the most possible condition, i dont say 18k is impossible with bitcoin condition nowadays, nothing impossible in this world Yes, you've said that already. But why? Why do you feel it is the most possible condition to reach 18k? I'm trying to work out whether you put any thought into that statement, or if it's just a wild-assed guess. I'm tending towards the latter.
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it will happen when there's only 50 bitcoin on this world and all the shops on this world needed bitcoin You're saying that USD 900k (50 * 18k) is sufficient to service the global retail sector? im not saying its only reach 18k, its possible to reach above its Sure, you said we'll reach USD 18k when there's only 50 BTC and all the shops need BTC. I imagine the world won't end at that point, and Bitcoin will continue to develop. I'm just curious why you believe we'll need the conditions you listed to reach USD 18k. because its the most possible condition to reach 18k/btc So, is under one million US dollars sufficient to sustain the global retail sector? It seems to me that you're saying that 18k is impossible, unless there's some hidden message that I've missed?
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it will happen when there's only 50 bitcoin on this world and all the shops on this world needed bitcoin You're saying that USD 900k (50 * 18k) is sufficient to service the global retail sector? im not saying its only reach 18k, its possible to reach above its Sure, you said we'll reach USD 18k when there's only 50 BTC and all the shops need BTC. I imagine the world won't end at that point, and Bitcoin will continue to develop. I'm just curious why you believe we'll need the conditions you listed to reach USD 18k.
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the halving will not lead the new price by itself only, but by the demand it will rise because of the hype around it, this is the truly impact of the halving on the future value
and going by this the impact will be very high, i would say that the price will rise at 99% because of the halving and the hype that will be generated around it
If a rise depends on hype creating artificial demand - that's pretty depressing. I hope there is a rise, but one driven by fundamentals, not hype.
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it will happen when there's only 50 bitcoin on this world and all the shops on this world needed bitcoin You're saying that USD 900k (50 * 18k) is sufficient to service the global retail sector?
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Well played, sir, well played! And congratulations to Satoshi Ōmura for sticking it to those roundworms.
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But the question becomes, would people who know about bitcoin in America really would want to use it?? I'm still on the fence about this whole thing, I would really not like to have some website that's indirectly controlled by the government to have all my personal information and know exactly how much I buy and what I buy it with... What good is that when bitcoin is supposed to be a "global cash unit"? The benefits of bitcoin in the beginning was that it was to have the benefits of cash, without the inflation... now the whole thing is just becoming sketchy to me.
It still has all those benefits - Gemini isn't going to fundamentally change what BTC is. For me, Gemini opening is like US (institutional and private) investors having access to Luxembourg funds managed by a US asset management firm - there's nothing to stop little people (us) dealing direct with Luxembourg firms (or buying European stocks directly), but for larger investors it gives the comfort and security of dealing with a firm headquartered in the US. (I picked Luxembourg because it seems to be where US big finance sets up funds, even if their European bases tend to be in other European cities, but I could probably have used Singapore, Tokyo, Hong Kong etc as examples too).
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Forget Euro. China's Yuan is funny as hell
Apparently, the Yuan has 2 versions. The mainland/domestic Yuan and the "international" Yuan. They think they can control capital easier this way.
What do you mean the 2 versions of Yuan? I never know they are different! China has a huge amount of trading surplus and GDP is over Japan, become the second largest economy. The influence of Yuan is increasing a lot! How come Yuan is different! This is basically like USD and Eurodollars. CNY is domestic (i.e. mainland China), CNH is international (including Hong Kong and Macao SARs).
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High volatility would make traders happy, but merchants won't be happy But, low volatility would make merchants happy, but traders won't be happy
It means high & low volatility could be a threat to bitcoin, but low volatility is the best option since many people (expect traders) would be happy because they can use bitcoin without worry about bitcoin's volatility
I'm getting used to seeing statements like "High volatility would make traders happy / low volatility ... traders won't be happy", but it's surprising when the people making such statements are advertising a derivatives exchange in their signature. There are plenty of commodities with volatility lower than BTC, yet traders still manage to trade successfully. Low volatility is not something traders should fear (or, to be fair, expect to last forever), particularly now that there is a developing market for BTC derivatives (Gemini, Quedex are imminent, and there's at least one other already trading that I probably don't need to mention!)
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whoever said bitcoin will be worth $100k on one day is nothing more than a dreamer living in a fantasy world. predictions up to $5K are also high, but not that unreasonable. $100k is beyond insane.
Then you believe it is going to zero.. it is really that simple. Bitcoin becomes a store of wealth or it dies. You think BTC will be able to hold a hash rate in 12 years with the price the same and the miners all mining in the negatives... It's zero or hero that is it. no. i don't think it's going to zero. i prefer to have a realistic look at the future of bitcoin. don't you also think $100K per coin isn't way too high? my ultimate prediction for bitcoin is max $5000 per coin. Why USD5000? I'm familiar with - and tend to agree with - the argument for "zero-or-hero". Anything in between just seems somewhat arbitrary.
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Yes, both low volatility and high volatility will simultaneously end Bitcoin.
you are just trolling. at least give us an explanation of why you think the volatility will end bitcoin. volatility is a great thing for us as traders. Trolling? I think the clue was in two mutually exclusive things happening simultaneously. More importantly, with markets for BTC derivatives developing and maturing, low volatility can now be traded as well. I've done better trading low volatility than trying to trade high volatility. I believe low volatility is beneficial to all of our community - not just traders like us, but non-traders using BTC as well. What drew me to Bitcoin initially was a then-recent experience of receiving a salary in one country, in one currency, while paying a mortgage in another country, in another currency. That's more comfortable when volatility is low, and I imagine businesses selling products for BTC would feel much the same.
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Any spare money that you can invest to make a 2000% ROI is an investment you should do If you really think 5,000 is possible, invest all you have now and you might actually be quite rich afterwards 100k is indeed a little far fetched, but that was also how 1k looked from sub 1 USD prices. Focus should shift away from price only, but I guess it is just human nature, especially when we are downtrending/stagnant for a long time. I'm not convinced that this is sound advice. Personally, I think USD5000 is possible (I think much higher is possible, I don't think USD 100k is far-fetched) but it's possible - not guaranteed. The advice I'd give is "invest only what you can afford to lose".
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This is still paying or randomly paying?. i have invested there but i cant withdraw it.. still not getting me paid...
this site is already a scam since it is not paying its members properly for a long time now. Never trust cloudmining companies to be true to their duties all throughout the investing period. Some members here got paid from few previous pages.with their proof... I dont think so if its true or not... Wait... are you saying that since some members have received payments that scrypt.cc is paying its members properly? Does some members receiving payments trump some members not receiving payments? What proportion of "receiving" to "not receiving" is required to make scrypt.cc clearly trustworthy/untrustworthy (in your opinion)? Edit: and why do you think the "PSAs" frequently include the advice to keep requested withdrawals below a certain threshold (e.g. 0.05 BTC)?
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My btc address: 1JcC2i24Wrz7auTEzS1ygzMrzfgC7281aT
Please quote it.
Quoted! I'd suggest making sure you can sign using that address - not every address can be used for signing, and it'd be better to find out now rather than when you need it!
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why would anyone deposit btc to a blatant ponzi? I blindly walked into the trap. I thought it was OK because many people use it... It was only 0.005, could had been bigger. Lesson earnt: HYIPs, Ponzis, Scams... AVOID THEM!! I sympathise - sorry about your loss No matter the size of the loss, it's still painful knowing realising you're a victim. I'm going to quote this the next time some clown questions why this thread needs regular PSAs warning potential "investors".
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Is 21 half of truth?
Did you know that 42 2 = 1764, the year that The History of the Decline and Fall of the Roman Empire was conceived? Does that have anything to do with the fact that the volcano on the North part of Easter Island is the Westernmost mountain of South America? it is a good topic to write at least one time for earning from signature , isnt it? Do signature campaigns include posts in the off-topic section?
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I don't know, but im sure if the price of this is not over 500 usd in the next 2 years, then it will be less than 20 usd or even 10 at that time.
Lol... Yup, it will be over USD 500 in the next 2 years. So the second part of your sentence is really unnecessary. I think they're paraphrasing Satoshi: I’m sure that in 20 years there will either be very large (bitcoin) transaction volume or no volume. ( Feb. 14, 2010) Yes, they seem to be. Only thing is they have shortened the 20 year time frame to 2 years. 15 years (time's moved since Satoshi said that). And (not unreasonably) extrapolating price from transaction volume. But if we're to see "no volume" in 15 years we'd presumably expect to see a trend toward that, rather than transaction volume and price suddenly hitting zero.
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