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Today almost all things seem like ponzis. It is more or less true that to profit from Bitcoin, one depends on more people putting money into it. But it is used as money too.
If we define ponzi as "you get paid only if more people buy into it", even fiat is a ponzi: you sell your goods for fiat, and you will only profit if more people decide to trust fiat. If not, you just have useless paper.
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some years ago i started such topics and was banned because i talked about bitcoin...so we have an improvement here  Seriously? so they thought you were promoting a scam or something? Ignorance makes people fear indeed. |
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I see too much greed still left on the minds of many people here. As long as there are people who want to sell their bitcoins for $$$$$$$$$, bitcoin price will stay on the downside at under 300 for a looooooooooooooooooooooooooooong time. So, deal with with it, bitches!!!
greed is always taking over people. that won't simply change untill people use their brains for once. chances are high we won't even see $300 anymore this year. That is what I thought at first, so 300$ seemed like a good mark for a sell... if there was not other things to make one think it could rise even higher. |
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What about selling some bitcoins for a POS coin and letting in grow to sell them later? It has some risks, but it might be a good method or not?
there are soem good pos coin that generate a good amount, but with a simple math you can know that mining is more profitable, at least by a x2 factor just compare diamond with a legit cloud mining like hashnest, there is no comparison, and both have the same risk This is a good point. Having your own wallet staking gives you a somewhat fake sense of security, as price for the coin may go too down without you being able to control it. Whereas cloudmining, you do not control the means of production (the miner is not with you) but you are mining Bitcoin, which is much more robust. |
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with 100 btc in a few years should be millionaire
I hope so too. Only 99 BTC to go. But if this happens... Would it not be wise to do some faucets now? everybody despises faucets, but that might change if Bitcoin skyrockets. |
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yeah this is possible, and it's why i have said "for a while" in the sense so sustaining that value for a long time, if that would be the case you can be assured that 400 or above would not be so hard to catch
if you sell at 300 or around 200-300 range, you're only playing the mnaipulators dirty game
Mmmm, thanks for make me think about it. It is good to hear from more experienced users. Had not seen it that way...  |
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What is the difference in Gemini with other exchanges? There are lots of them already (noob question, really want to know)
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why 300? 300 is only the launch pad for a very high price, if we broke that for a while we can continue to 400-500 and so on
i'm not going to do anything until 2-3k-10k range and you should do the same, otherwise this beat will never grow, if for every little new record there are huge sell pressure
Well, I think that if it goes to 300, it certainly will go back to less than 300 before getting over 300 again. That's why I stated the question...Sell depending on the speed of the rise? It has been to 300 before, and then lower than 200, then up, then down. I see many responses "I will not sell until 1000 or 2000" but in that case you are likely to "lose" lots of ups and downs. |
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What about selling some bitcoins for a POS coin and letting in grow to sell them later? It has some risks, but it might be a good method or not?
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I see that they are trying really hard to increase its customer base and increase Bitcoin adoption. They are giving nice affiliate bonuses, they are paying also transaction fees. I never liked them because of the accusations that they work closely with the government and that they close accounts for no reason, etc, but I salute their dedication by doing these little things.
Totally agree with this. I have them as my main wallet (I only have about 1 BTC), and it works great for selling and having the money in your bank account easily. Also for buying. Yes, perhaps privacy is not high, but I don't mind that much. |
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Would you sell? Would you buy more? Depends on the speed it gets to that price?
Personally I doubt if I would convert them to cash or hold. What would you do and why?
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they are mostly for speculation or "investing" if they are POS (which is another form of speculation). It might be that some of them get to actual use, but is highly improbable.
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So withdraw cancelling is the new trend? I am entering only to reinvest because it takes so many days to withdraw that it is not worth it. It is amazing how many creative ways has scrypt.cc to keep running. |
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I use Tradingview.com - there are a lot of good visions and ideas about BTC and other assets.
As forex trader I use technical analisys to identify trading opportunities. I don't trade BTC just make decisions when to keep it or to make an exchange
What a great page! thanks for sharing it. This is what a like of this forum, the generous sharing from people. Thanks again! |
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I think the supply thing often slips a lot of minds. There are insane number of new coins arriving every day. Once supply becomes a nominal figure we'll see what true deflationary effects look like.
Yes, many of us are hoping to see what will happen. I hope it to go up due to scarcity. And perhaps some more altcoin activity. But who knows. |
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Some scam sites have taken advantage of this attack as an excuse to dissappear/lost deposits/lost withdrawals. Been a hard week for some.
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The problem is not with the Bitcoin protocol or the technology, it's with human failures and greedy people wanting to get into the action quickly, and setting up half ass businesses with no support services. Bitcoin cannot take the blame for every Tom/Dick and Harry who open shop and give bad service.  If you get bad service from a bank, will you stop using the fiat currency, like the dollar or the pound? Nope... Blame the service not the currency. It is pretty much this. There are too many scams, and when you are a newbie and get into a forum and read about securing your wallet, encrypting, cold-storaging... you get a sentiment of high risk. |
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Just started staking this coin. Any recommended staking size? Thanks.
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It is true, no one cares... but one can find people with same interests |
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I guess it will remain about the same as now with some ups and downs, for at least 8 months
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