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8601  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Who will be the next victim for Vitalik to dump his Ethereum IPO scamtokens on? on: July 06, 2016, 10:34:10 AM
Vitalik now picking fights with people on twitter over "chinese bitcoin miners". I think it's totally out of place.

Also @OP: what did you expect? "Developement" needs to be funded, right?
Just hope he doesn't dump the rest on the inevitable decline.
That leg down will be so violent, i can feel it coming in already.

Not only the investors, but also the miners will lose a lot of money if the Ethereum goes belly up. The mining investment increase a lot recently.

So the miners will also be the supporters of the Ethereum because they have the vested interest in it?

I think so. If the Ethereum is dead, they will have no coin to mine at present. All other coins are too small.


So miners actually have an incentive to vote 'no' on a HF to protect their investemet. Let's see how that is digested by devs and community or if miners are sheep that just follow devs? If so, they'll loose out.  
It's a very delicate situation with the devs and parts of community being overinvested in dao-fuckup.

If the miners vote no, the hacker will get the 3.6 million Ethereum, when it dumps, the price will be crushed.

I have voted yes for the soft fork. But there is a bug in the soft fork software. So there will be no soft fork.
8602  Economy / Speculation / Re: 400$ was the top on: July 06, 2016, 10:33:02 AM
400 was the top you dont know where we are standing today because for now the price of the bitcoin is already 600 dollar each so 400 was
far away. I dont think we will ever fall back to the 400 dollar each because there are to many users right now for that small amount of gold.
just to see where the price stands now it makes you believe that $ 400 is not the highest point, it is still possible after so many holding the bitcoin but the prices increased only slightly to above $ 600.

It is good for the people who want to buy more bitcoin. The price around $600 give them more chance to buy.
8603  Alternate cryptocurrencies / Altcoin Discussion / Re: ETH = Game Over on: July 06, 2016, 10:31:44 AM
DAO and ETH are dead...no more rise...time to invest in other coins i think..
lets see what happen with BTC in future...

I did that sold my ETH when I saw it falling. Now invested with XEM looking forward to it but not much of a movement right now.

XEM has risen a lot already. If you bought a few weeks ago, you make a lot of profit. DAO and Ethereum are in trouble now.

If the Ethereum survives after the hard fork, its price could rises a lot. It means it has good community support.
8604  Economy / Speculation / Re: Be sure, this will drop hard soon... and here is why... on: July 06, 2016, 10:30:11 AM
I'm new to bitcoin.  Never experienced the drop you are talking.  I've read 90+ times that they predicted the demise of bitcoins but after the halving, the price rocketed.  Dropping soon?  I don't think so.  I'll think it will play in the 600+ mark even maybe more in months to come.

I agree with that. The price will be over the $600+-10% for the next few months before it rises to $1000.
8605  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH Soon Back To Sub 1 Dollar on: July 04, 2016, 07:28:32 PM
If the soft fork is not implemented properly, there will be a big dump of the Ethereum so after 10 days time.

I have some Ethereum. If the soft fork is implemented properly, the price will rise. I might buy more.

It all depends on the success of the soft fork now. Strange, we still do not have a version for the soft fork.
8606  Alternate cryptocurrencies / Mining (Altcoins) / Re: Claymore's Dual Ethereum+Decred GPU Miner v4.7 (Windows/Linux) on: July 04, 2016, 07:27:10 PM
hey guys


Ethermine or Ethpool  for someone with 150mh/s ?


thanks

Ethermine. Etherpool is for GH/s.
8607  Economy / Speculation / Re: 400$ was the top on: July 04, 2016, 07:25:52 PM
400 was the top you dont know where we are standing today because for now the price of the bitcoin is already 600 dollar each so 400 was
far away. I dont think we will ever fall back to the 400 dollar each because there are to many users right now for that small amount of gold.

$400 was the top 9 months ago. Things have changed a lot in the last 6 months. Even $600 is the bottom now.
8608  Economy / Speculation / Re: It is Buy time! on: July 04, 2016, 07:24:35 PM

I dont agree with you if you think about long term,but if you wanna buy at short term (before halving ( 4/5 days ) ) then you can buy it but just sell
before the halving,otherwise u are going to loose some money.If you do,then feel free to be happy from ur profit hehe Grin

For the figure above, the bitcoin price is lower than the trend line. So it is good to buy for the long term.
8609  Economy / Speculation / Re: If we hold 300... on: July 04, 2016, 07:22:33 PM
Well IMO I think it will rise at least 700$ this coming halving and 1000$ is also possible but it would be hard I think. Well even if it's hard im still waiting for bitcoin's price to sit at 1000$. If that happens ill sell.

$700 is possible after the halving. It is still within a small trading rate. $1000 is for the price 6 to 9 months later.
8610  Economy / Speculation / Re: 400$ was the top on: July 02, 2016, 04:09:42 PM
Thanks for such predictions, already sold some during the peak of $500 and some tiny bits @ $440 and somehow I do believe that this price rise will continue on up until the halving. Pretty sure that buy walls would soon be prevalent once it keeps on going high.
I did not see the bitcoin price hit $500 in the past few months. When did you sell your coins at the peak of $500?

Errm, last month we reached $500 as peak. Sold a couple of coins back then and bought again at $307. Just followed the 'buy low, sell high' piece of advice they always state here.
The peak is now allot higher then I thought it was going to be, I did not know that it was possible for the price to rise that fast. The price almost reached $800 but it did not happened and the price dropped again.

The balance of the price is around $650 now. It seems the price of $780 two weeks ago was too high, too manipulative.

The price is trading within a range now, that is similar to the price action 3 months ago. It is consoidating.

I do see it's looking for a new stable pump, but he market is still very volatile. I have no doubt that with 2 weeks a lot of things will happen. Maybe a dump with a pump or vice versa.
Either way this point is far from stable, at best it's just semi silent waters, just before a (mini storm). My guess is it will go down from here.

If there is no big rise before the 10-11 July halving time, there will be no big drop. It is already priced in.
8611  Economy / Speculation / Re: If we hold 300... on: July 02, 2016, 04:08:01 PM
I think it is better for the bitcoin price to stay around the current levels for a few weeks, then it will rise further.

Long period of solidation is very important for the bitcoin price. That 6 months consolidation increase the price a lot.
Well it would be good for bitcoin if it will hold to 600$ for 6 or more months.  Grin Well I think if it will hold it will only 500$ I hope so I guess ill just wait after halving what will really happen after halving. Hope that it won't go down below 500$.

the price keeping its position above the $600 price level is also fine with me, but if it happens to fall back to sub $600 prices, a lot people will get disappointed. it took us so much time to get here. but who knows... maybe we'll experience a nice rally in the last days before the block halving. that's what i am aiming for.

I think the bitcoin price is very good at the moment. It did not drop below $500 a few days ago and it is stable.

The bitcoin price is consolidating after the big rise in the last months. It is waiting for the next big rise.
8612  Economy / Speculation / Re: Poll: What year will Bitcoin reach $10,000? on: July 02, 2016, 04:06:09 PM
I think this is an optimistic price, I don't think it's possible Bitcoin will ever this price to be honest with you.

Never say never. If at some point more wealthy Chinese people are looking to get a good portion of their wealth out of the country or just out of the hands of their government via Bitcoin, then look what will happen to the price. Then literally anything is possible.

If the Chinese want to get their money out of China, they will buy in China and sell outside China, the net effect is zero.
8613  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Who will be the next victim for Vitalik to dump his Ethereum IPO scamtokens on? on: July 01, 2016, 07:02:10 PM
Vitalik now picking fights with people on twitter over "chinese bitcoin miners". I think it's totally out of place.

Also @OP: what did you expect? "Developement" needs to be funded, right?
Just hope he doesn't dump the rest on the inevitable decline.
That leg down will be so violent, i can feel it coming in already.

Not only the investors, but also the miners will lose a lot of money if the Ethereum goes belly up. The mining investment increase a lot recently.

So the miners will also be the supporters of the Ethereum because they have the vested interest in it?
8614  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ethereum - Time to buy or time to sell? on: July 01, 2016, 07:00:39 PM
Leaning towards staying away from Eth right now, long term still good prospects but for the moment enjoying being a spectator.

I think the Ethereum will go no where within 27 days of the initial attack. It might change violently after that time.

The price is dripping at the moment. People are waiting for the results of the soft fork and see the effect.
8615  Economy / Speculation / Re: If we hold 300... on: June 30, 2016, 07:23:47 AM
I think it is better for the bitcoin price to stay around the current levels for a few weeks, then it will rise further.

Long period of solidation is very important for the bitcoin price. That 6 months consolidation increase the price a lot.
8616  Economy / Speculation / Re: Poll: What year will Bitcoin reach $10,000? on: June 30, 2016, 07:22:23 AM
I think this is an optimistic price, I don't think it's possible Bitcoin will ever this price to be honest with you.

You could be right if there is a major bug found in the bitcoin system. But bitcoin can still evovle and become better.
8617  Economy / Speculation / Re: 400 will not hold on: June 30, 2016, 07:20:46 AM
I think of the price of bitcoin is being survive, and grow, although sometimes the price dropped very much, but I'm sure the price will last bitcoin, bitcoin price may not be less than $ 550 today

I think the bitcoin price could $700 in the next few months. If the SegWit is proved to be succesful, the price will be higher.

So SegWit could make or break the bitcoin. I do hope it is robust and make the bitcoin accessible to everybody,
8618  Alternate cryptocurrencies / Mining (Altcoins) / Re: R9 Nano Modded Rom on: June 30, 2016, 07:16:51 AM

Anyhow, got a new rom, 1.5Mh speed increase per card for Ethereum at the same power usage Wink, in my case, that's 8Mh extra per rig which is a lot Wink

will release it soon!

Greetings!

Hi Eliovp,
How's the status on the new rom? Just wondering...

Oh yeah :p i'll share it tomorrow, forgot about that Smiley
Can't wait for tomorrow  Grin

It is already "tomorrow". But we have patience.
8619  Alternate cryptocurrencies / Altcoin Discussion / Re: ETH = Game Over on: June 30, 2016, 07:15:58 AM
Fair enough, but then the hashrate of the people who didn't vote, shouldn't be used to enforce the will of the ones who voted, because maybe they don't like any of these options.
Also in this case, if they dont vote it also means theyre okay with whatever outcome since if they disliked badly one result or wanted badly the other result, they would have voted already. And they could aswell not bother voting because they've seen the results "live" with yes leading the herd. So as you can see, there are plenty of options of why one wont vote, so you cannot simply take that inaction and go with the logic " silence is an answer too ". I mainly voted because i wanted badly not let the thief go away with milions of ether, possibly even 5 times more than he already stole because he took only ~20% of it , especially thinking about the future POS which will be implemented in early 2017. And in my opinion that would damage ethereum project more than 100 ethereum failed projects. The money losts arent even 10% as important as thief owning anywhere between 3.5% and 15% of ethereum tokens.
Forgot about this, but its an argument aswell : in a real world vote referendum, you can cancel your vote by doing whatever, voting both options, draw hitler face on the paper or whatever is crosing your mind. But here you cannot do that, so its either that, or that. If you dont vote, whatever you think in the back of your head will remain there, since you have the chance to express your option and you dont. The same for uk people who didnt vote for brexit, most likely there are more people who regret not voting because of the result. But it was their option and they ll live with it.
Conclusion : We live in an imperfect world, and we will continue to do so untill we either set the world on fire or an alien invasion will exterminate us. Untill then, we use what we have and deal with it, otherwise it would be anarchy since everyone has an opinion slightly different than the others and we would never agree about anything.

It seems the process isn't democratic after all.

If you go on ethpool and ethermine, you will see that (still) most votes are for the soft-fork (Non voters don't really have voice in this, like you said). Looking at the Ethereum chain, both pools don't enforce the softfork anymore.

So now they go against what people voted for. How is this a democratic decision? Shouldn't they have to live with the results of the vote?


There is a problem with the soft fork problem. So it is not to be implemented for now.

https://blog.ethereum.org/2016/06/28/security-alert-dos-vulnerability-in-the-soft-fork/
8620  Alternate cryptocurrencies / Altcoin Discussion / Re: ETH hardfork incoming. on: June 28, 2016, 12:27:19 PM

If they fork nobody will trust Ethereum ever again.  Curious to see how they'll resolve the hack.

this is very special occasion. That shows the support of the community to alleviate the loss caused by a big theft.
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