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1124
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Economy / Speculation / Re: My Most Insane Prediction of Bitcoin & Ethereum
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on: June 13, 2018, 04:12:07 PM
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Its obvious that regulation will increase adoption.
The only way that regulation can lead to increased adoption is to put limits in the exchanges. In that way, people would not panic sell, and would feel more safe when bitcoin goes down. |
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1125
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Bitcoin / Development & Technical Discussion / Re: Is POW systematically doomed to get a huge monster in its midst?
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on: June 13, 2018, 12:55:02 AM
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I hope the SegWit attack doesn’t start now.
What kind of attack are you talking about? I know that SegWit addresses dont have a private equivalent. A SegWit address is based on a public address, but you cant recover the private equivalent from it. This gave me the impression this address is a third type of address in the same family (public, private and SegWit). Because of the lack of clarification from both the developers and the community, most of my stash is currently in standard adresses. Are you saying there is a risk in keeping bitcoins in SegWit addresses? What kind of risk would that be? |
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1126
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Economy / Speculation / Re: BTC will drop to $1000 --- you have been warned.
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on: June 12, 2018, 09:25:49 PM
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There is no such thing as a triple bottom nor unicorn that spits rainbow, because the third time round it freaking breaks it
If you want to dream, go tuck yourself in bed only because that's how you dream
Period
It bottomed at 6.5k for six times before this one. |
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1132
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Economy / Speculation / Re: Can you hold my hand?
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on: June 12, 2018, 03:30:16 PM
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I might be the biggest proponent of "buy the dip" as a strategy in the forum. I always do it, and my resolve in the belief that Bitcoin will reach a 6 figure price is still strong. But sometimes seeing the price go down hurts. I need support.
You're supposed to be happy when the price goes down, not sad. You want him to be happy for losing money? |
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1133
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Economy / Speculation / Re: Oh My God, What Happened to Bitcoin?
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on: June 12, 2018, 01:50:51 PM
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What happened to bitcoin? Well, it increased the difficult to mine.
The mining calculator shows a power cost of $1300 per year, to mine 0.087BTC. This gives us a figure of $15k per bitcoin. These are the power costs, how much money you will spend with electricity, to mine a single bitcoin.
So, you can see, this is the real value of bitcoin. To sell below that... well, its your call.
The problem is the people in the market. On one side, we have the Wall Street sharks, who only want quick profits with shorting, and on the other side, the stupid noobs, who keep crying like babies who are denied their toys, and make the market sentiment go bearish. I dont known which part is the most responsible for the market situation.
We live in dark, dangerous times.
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1135
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Other / Off-topic / Re: Scary thought
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on: June 11, 2018, 07:48:57 PM
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He is dead. He committed suicide.
It's crazy when you say that he committed suicide. I do not know who he is, but he can be someone, a group, an organization, and they are really talented. He brings a great technology to the world! His name was Dave Kleiman. Read his story. Its tragic. |
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1140
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Economy / Speculation / Re: 5900 by late June.
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on: June 10, 2018, 10:09:30 PM
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I remember there was a prediction back in March that said it would fall to $3000 by July.
July is the next month. And last year, August saw the start of the bull run that finished in December (with a little pause in September). This can repeat this year, but if not, then the bear market will last until May 2019.
Also, from 20k to 3k is a 85% fall, which puts the current bear market in line with 2011.
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