It is a yes ,they will need it in the near future so in cases of emergency they can use it but save it smartly . Bitcoins future is too big and in that time the price value per bitcoins is truly worth as your savings.
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For steady income anything with bitcoin is not possible i think. I suggest you find lower risk investment, such as 5–10% interested, and live off the interest. If you invest like $100k then it is $5,000-$10,000/ year. Bitcoin is risky. I dont think that bitcoin can provide you with steady income. It's always fluctuating.
100k dollars is not a small sum. Not so many young people have such savings. Earn 5K-10K dollars a year is not very much and not enough to a year for them to live. I think this amount is enough to protect your savings from inflation. Earnings need to look for another. Yes ,invest the earnings in different investments to make more money . I think theres no way of having steady income unless you are in a job which your salary is fix by the end of the day you work in particular date.
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My opinion here is that the investors including us makes the price of bitcoins change from time to time .Definitely the volatiloty of the price was depending on us and the acceptance of bitcoins in the market.
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I will go to Ethereum .The community are big and the acceptance based on other cryptocurency is much higher .A successful crypto i think that can also stand alone without bitcoins as its stability itself.
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Bitcoin trading is not easy because of so much volatility of the price so in just a matter of seconds or minute there is a chance for you to earn or to loss some amounts.
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It already reach 10k sats .well done trust coin .hope more in the future to 100k if possible.
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let's see how the hashing war pans out first. they may even look into a uasf. I think the appetite for miner bullshit has gone.
The war is over. The segwit will be implemented soon.
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I wouldn't place too much emphasis on this. This has varied wildly. Support for SW's activation on Bitcoin in the last 144 blocks (at this point in time) is only 30%.
Where is 30%? Link please? Segwit support is now 58% http://litecoinblockhalf.com/segwit.phpI think the Segwit will be implemented in litecoin earlier.
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No,no,no. I'll keep on hodling and no matter what happens I'll keeping my faith with the charts of bitcoin. After these dramas, we will see bitcoin to pump again and if it will reach my satisfying price which is $1,250-$1,300 probably I'll sell. I really don't get it that why there are a lot of people that are worried about this down.
I mine the altcoins. I usually sell most of the mined altcoins to buy the bitcoin. It might change if the bitcoin price does go lower.
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I have many friends who are willing to sell all their savings Bitcoin because of what is now the high price of cryptocurrency. They bought Bitcoin for 500 and for sale in 1100 for them to be profitable. But they do not because of the panic, but because of what is considered a logical sale
The bitcoin price will rise again. So it is better not to sell. It's obvious that the price will rise again and that's for sure that will happen for the next months. As of now, the price is quite calm at $1,170 - $1,190+ and if we we'll just be patient we can harvest the profit that price will increase soon. I regret that I sold some of it when the price was lower than $560, a very bad move for a panicking trader.Sorry for your loss, but at least you haven't sold all your coins then. That's what I want to say to every panic seller: do not sell all of your bitcoins ever or you will regret it big in the future. Whatever the price now, we never know whether it's going up or down in the near future, but what we do know that it is going to be up in the long run. The best strategy to overcome the volatility in bitcoin is to not do anything. The second thing is to not watch the movement of bitcoins price so when it goes down you will not panic. Third is do not panic, the reason is if it goes down today it will still climb up again and will continue to increase in value compared to price before the deflation started. Sometimes it's hard to maintain your calmness. And we can't stop ourselves from watching the movement of bitcoins price because of it, we know that we are earning good amount when the price is increasing. I can't help myself from checking the bitcoins price and I do know that most of us can't help with this matter too. It is good to earn the bitcoin even though you can trade the bitcoin and earn more fiat.
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When the price is over $1200, a fall of $100 is almost nothing.
It highly depends. If you just have 0.1BTC then such a decrease in price won't impact you, but if you have thousands of coins, then it's completely different. It's well known that the more you own, the more you potentially lose. In the latter case an 8% decrease results in your coins losing hundreds of thousands of $ in value. Definitely not what I consider to be *almost nothing*. If you have many coins, the 6% drop is still a small percentage.
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We ALL have an extra kidney son ,i guess you just dont want to be a bitcoin millionaire bad enough and theres no shame in that .... dont let anyone ever tell you any differnt Well, you're now a bitcoin millionaire...but you died from loss of blood. risk vs reward... I thought Satoshi is the only bitcoin millionaire.
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Sell everything -are u stupid? No not at all .if u sell all ur stuff and the next day if ur country declares that bitcoins are illegal in ur country then u l be broke and u would not be able to do anything unless pray.
That is a good strategy if every altcoin will drop against the bitcoin. We should sell the altccoin and buy bitcoin.
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Claymore; are you planning to fix the stability issues in 9.1? my rigs are still crashing in this version but work fine with 8.0.
They question has been answered already. There's no issues with the miner. Make sure your PSU's have plenty of capacity or downgrade to v8 as future releases will probably push GPU cards more. Sometimes can help driver uninstalling after DDU cleaning... btw i have 2xCorsair cs850m for 6xSapphire 390 - -30mv at the afterburner power consumtion 1140 core and 1500 mem. -1830 sols with -i 6 This rig always starts ok and crashes very seldom - 1-3 times per month There is nothing wrong with the driver. You just need to reduce the core or the memory frequency. It will be fine then.
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This is the quote I was refering to:
"Memory bandwidth:
RX480: 256 GB/s 390X: 384 GB/s
ZEC uses a lot of memory operations. Do you still think that RX480 can work as fast as 390X?"
I never said the 480's can do as much as 390's Please read posts carefully Yes I know the differences that's why I said that the 480's can do better than what they do right now if tweaked as per their OWN advantages I also have 390x's and I am really happy with them although they burn much more than the 480's for those of us that do pay for electricity In terms of raw computing power, the 390 has 2560 processors, while the 480 only has 2304 cores. The 390 memory is also faster.
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Selling everything is not the right way to make good profit as the price is quite fluctuating without much decrease or increase. Soon by the days near to year end steep increase would happen. Selling based upon the price movement and requirement is the right decision compared to selling everything on a whole.
I also expect good growth rates biikoin at the end of the year. Therefore, even when the price of Biti recently dropped a coin, I'm not even worried. But some began to panic That's not new in the bitcoin, the price will drop but after it, it will rise again. It's actually an opportunity for those investors who wanted to earn money in a short period of time. They have to take advantage of the cheap bitcoin and should trust it to rise again. If you look back at the long term,price of bitcoin. It rises most of the time apart from the bubble 3 years ago.
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LEOcoin Community Launches LEOcoin Cryptocurrency Information Mobile Application for Android and iOS PR Newswire October 25, 2016 LONDON, Oct. 25, 2016 /PRNewswire/ -- LEOcoin Community's latest mobile application, LEOcoin Info for Android and iOS powered smartphones allows users to access basic information about the cryptocurrency at their fingertips. The LEOcoin Info app is a valuable education resource on cryptocurrency, blockchains, wallets and more. It offers real-time LEOcoin updates and trends along with a list of markets where it can be bought. Photo - http://photos.prnewswire.com/prnh/20161025/432397
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No i dont sell everything maybe i sell some but i left some to wait and gain again if the price get high. But if you need money then go ahead sell them all and if you have time earn again so that you can not miss the time if bitcoin increase.
Well if you are going to sell everything then you don't need your bitcoins already. And that is not going to be a good decision if you are going to sell your bitcoins today, but if you are just going to wait a little bit longer then you are going be able to get good profit as the price of bitcoin is going to increase. Just be patient. Holding them to sell at higher price is a good decision but its better if we don't sell everything at same point and save some of them for future to sell even at higher and better price. Yes, I am of that view too that he bitcoin shoud not be entirely sold but at least a portion of it should be sold, another part invested and another part saved for the future with the hope that the price might increase. Doing so me will be a very good idea to involve oneself in. Hope, I have said something tangible. That is why many people are holding and hoarding bitcoins because they know in the future that they are going to get good profit out of it. So just stay holding it and keep the faith that bitcoin is going to fluctuate to a higher price and just wait for it. Because those early bitcoin holders did already have a great effort for it and they are now enjoying the fruits of their efforts. That is right. The bitcoin price rose 4% in the last few hours. It seems people are very confident in it.
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Without the past halvings, the price wouldn't be at 600$ today. The previous didn't make that much difference just yet but it will eventually will. The mining difficulty will blow up as it is growing exponentially and that would make it very hard to mine new bitcoins that the only Bitcoins that'll be circulating are the ones that were mined before. It'll make Bitcoin very scarce as new investors come in and that would make the price of Bitcoin higher. The last halving made a big difference from the 400 dollars to 600 dollars its a 50% there is nothing that will you make such ammount. Sure people were expecting a 800 dollars, and they werent able to remember bitcoin were traded at 250-300 dollars last year, at 2020 im expecting bitcoin reach 900 dollars atleast, soo sure the halving has a huge impact into the value, without halving bitcoin would be like supply and demand, with the value of 200 dollars maybe. that is right. The having actually drove the price up to $790 at some point, but it stablise at $600 now.
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Selling everything is never a good choice even if the price is higher then what it is now, if you have 5 bitcoin you should just sell 2 or 3 of them when the price is quite high and you need money and keep something still because you never know what if the price grows even higher in coming time?
It depends on the what you buy after you sell the bitcoin. If you bought Monero in the past month, you have made good profits.
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