So 99% knowledge of BItcoing is: "I haz wealthy"
Yes, it is pathetic that Bitcoin has gone from "it will change the world" to "it will make me rich". |
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we can define intrinsic value as the amount of energy required to create an object
The basis of the article is that the value of a bitcoin is determined by the cost to create it. It is an old argument, but it cannot be true. An object's value cannot be determined by the cost to create it. Consider a campfire. The cost to create it can be close to 0, but its value is very high if it keeps you from freezing to death. Likewise, the value of gold or bitcoins is not determined by the cost to obtain them. It is determined by their utility, however abstract that might be. Furthermore, an "intrinsic" value implies an objective value, but all value is subjective. Therefore, there can be no "intrinsic" value. |
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At best, cloud-mining gives you a low probability of making a profit. That is why the returns from hashflare and genesis mining are bad overall. The fact that Crypterra pays so much more is an indication that it is a scam. How can they pay so much when "legitimate" sites can't?
No its not, its s still good at Genesis,. i made 4x the investment, but Hashflare stole the lifetime contracts and made them 1 year only plus doubled the price like a suicidal maniac that wants to kill his own company before he dies himself. I will make profit at Hashflare, but only because i started invested in the beginning of the bitcoin rally, but all the people that came after they doubled the price, will not, if the BTC not goes above 20k again that to say. Not even Crypterra was profitable at the low point of BTC. Its amazing how many people talk bad about mining and claim hodling is so superior, they simply dont understand there is no BTC without mining? When you write, "i made 4x the investment" and "I will make profit at Hashflare", is that in terms of dollars or in terms of BTC? Typically, cloud-mining investors claim a profit when the BTC they receive is worth more than the BTC they invested, even though they now have less BTC than they started with. In that case, they would have done better by simply holding the bitcoins rather than investing in cloud-mining. I agree that there are no bitcoins without mining, but that doesn't justify a person mining at a loss. |
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Volatility is an impediment to use as a currency right now, but it won't be in the future. I think high fees are the biggest impediment to adoption, right now and in the future.
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Hashflare is a fricken disaster that has scammed the hell out of everyone, still i see all this people recommend it.
Return on investment on Hasflare is 27 months on BTC, in Crypterra its 9 as we stand. Hashflare is 1 year contract and Crypterra is 2, so Hashflare is a black hole, and Crypterra brings some fresh air into the dark pit of cloud mining.
At best, cloud-mining gives you a low probability of making a profit. That is why the returns from hashflare and genesis mining are bad overall. The fact that Crypterra pays so much more is an indication that it is a scam. How can they pay so much when "legitimate" sites can't? |
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Greetings!
As an unofficial user of Crypterra I am pleased to present you this new Cloud Mining service: .
Crypterra is based in Ireland and specializes in mining Bitcoin and other crypto currencies since 2017.
...
You are trying to recruit new customers because you get paid when they use your referral link. That may seem like a good idea to you, but consider that Crypterra, like nearly all cloud-mining sites, is probably a scam, and the result is that you are likely to be labeled as a scammer. |
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Bitcoin code is written in many different languages. I think that a simpler general-purpose language with a large community, such as Python or Javascript, would be the most effective starting point.
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Do you see concerns with the merit system keeping newer members down though?
The ranking system does not prevent people from reading posts or responding to them. The merit system will hopefully have a strong effect the quality of the posts, since it reduces a major motivation for making trivial posts. A person that make trivial posts in order to make money will have to drastically improve the quality of their posts in order to succeed. On the other hand, if a person makes trivial posts because that is how they like to communicate, then the merit system will not prevent them from continuing. The attitude towards newer members almost presumes that they only post for bounty and don't want the rank to show that they have contributed and to have their posts respected. I like the merit system but I cant help but think there are some grey areas in the BCT politics that have been created.
It appears to me that 80%-90% of the new members have joined signature campaigns, so it is easy to presume that most of them post for bounty, or are at least motivated to post for bounty. If you are not a member of a signature campaign then obviously you are not posting for bounty. So, if you want to avoid the impression that you are posting for bounty, then simply don't join a signature campaign. Regardless, if someone wants to make money by posting, there a better alternatives than Bitcointalk. I think that Bitcointalk has somehow gained a reputation as a place to earn money when that is not its purpose at all. |
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I'm newbie and want to learn more from this forum.I want to know that How many topic I should post per day for getting ?which is the best topic for getting more merit ?
You don't need merit to learn more from this forum. |
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There are sites that will generate a QR code for you. Copy-paste the address, and you have your QR code.
A photo of the QR code will work, too.
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This is short tutorial how to easy earn cryptocurrency, one or two time daily visit sites.
Here are the amounts you can earn per day: BTC: 0.00000088 (worth $0.00462) DOGE: 1.13 (worth $0.00462) LTC: 0.00003339 (worth $0.00462) BCH: 0.00000503 (worth $0.00462) DASH: 0.00000912 (worth $0.00462) That a grand total of $0.02 per day. Also, according to my AV software, moonbit.co.in secretly runs a miner in your browser. |
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i think there are no fixed pattern to use these days, the price now is highly volatile, and we are talking about on every 5 minutes basis, your pattern is good if you have lot's of funds you can afford to loose, but for some it is just not fit. the price of bitcoin these last few hours ago is jumping up and down like crazy, it is hard to establish timing based on the trend, it is so unpredictable. but good pattern though.
Nope, I disagree. There is a definite pattern lately. It will go down aggressively to a new low and then a correction phase starts within a margin of about $1000 from the previous low. If you have perfect timing, you can buy on the dip and make a daily profit of $1000 per coin on the correction phase. In my opinion someone is definitely manipulating the price crash and they are making money doing this. The aggressive dip is a scare tactic to force down the price. <This increase their profits on the upswing> Do you have any evidence of manipulation, other than the patterns you claim to see (which isn't really evidence)? |
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As you might now bitcoin went down nowadays, so this is the good time to multiply your btc and earn money: https://<scam site>.hu  You can be sure that any site that claims to multiply your BTC is a scam. |
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Can someone tell me how low the price of the bitcoins will go .Is it worth to make an investment or should i wait ??
Someone that looks for investment advice from random strangers on the internet should consider investing in something else. |
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TL;DR - don't. You will get flattened. The game is rigged, and you can't win.
It is called a pump-and-dump group, after all. Member of these groups think they are clever, but they don't realize that they are the intended victims. |
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The author of the article is apparently unaware that Puerto Rico is part of the U.S. He even called it a "country".
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There is no reason to believe that this pattern that you claim to see will continue. It is a bad idea to base an investment strategy on it.
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Bitcoin's recent price volatility is very large,
So in the end bitcoin price factors what,
Your opinion
Bitcoin, as well as most other cryptocurrencies, has very little utility, so most of the price movements are the result of speculators acting on whims. |
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