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Mathematics and English 101:
decreasing = going down; a present tense meaning an ongoing action.
when x2 > x1 => increasing not decreasing
x2 @ 2017-6-13 17 UTC = $2741
x1 @ 2017-6-12 17 UTC = $2480
2741 > 2480 => increasing...
x1 @ 2017-5-13 17 UTC = $1777
2741 > 1777 => increasing
x1 @ 2017-4-13 17 UTC = $1212
2741 > 1212 => increasing
...
x1 @ 2016-6-13 17 UTC = $660
2741 > 660 => increasing
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Its because real mining business doesn't find it profitable anymore actually you can read more facts about it when you search it on google, And the only cloudmining left standing right now is Nicehash,genisis-mining and hashflare but they are not truly profitable and its very not worth it to invest there if you calculate your profits upon investing at them for long time periods.
no actually i can't find anything about "why mining business is not profitable" on the google. and also i believe it IS profitable and it is very profitable in fact. have you checked out price and the rewards lately? price is above $2700 and a block reward is more than 15.5 BTC (12.5 + 3+) which is equal to $42000 and also i find the reason why the cloudmining (not mining) is not profitable is an intentionally bad design to make it more profitable for the owners not the investors. |
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What is Best investment in 2017 in Bitcoin or in Litecoin ?
in 2013 Bitcoin was at 1100+ USD and that Time Litecoin was at 80+ USD but than due to crypto market falls Bitcoin falls 1100+ USD to 150+ USD and Litecoin fall 80+ USD to 1+ USD means both are falls around 80% now bitcoin increased upto 500% already in compare of 2014 Price But litecoin increase 400% only so if we considered litecoin increase more 100% in 2017 than litecoin price around 60 USD and if we invest in bitcoin than it is tough to increase bitcoin price 6000 USD in 2017 so according to my suggestion litecoin is best for investment.
Please tell me your opinion what major community says.
you have just listed random numbers without meaning some of which are also wrong. i believe litecoin will go up but not just because of a series of numbers you listed but because it will be pumped soon enough. and mostly because it is the clone of bitcoin and since bitcoin does not have any scaling solution implemented yet that gives litecoin, which has already implemented it, an edge. in the end LTC is not yet adopted like all the rest of the altcoins but it is gaining some momentum again because of bitcoin's situation. and the longer it takes for bitcoin to come up with consensus the more these altcoins will get pumped. |
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not really! you seem to be listening to wrong channels!
the "traditional traders" are either already in or they won't come in until their broker lists bitcoin or your ethereum for them to trade. these "traditional traders" are traditional, they won't go to a crypto exchange platform that is not even regulated and take unnecessary risks specially after all the scams that happened among them.
and as for their brokers listing them, i have only heard the biggest broker in the world regarding volume called GMO securities added bitcoin a week ago and was faced with an overwhelming demand. they never showed any interest in any altcoins though! they will always go with the oldest and most trusted.
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seriously! this is such a shitty move by Vitalik Buterin! meanwhile his project, ethereum, is filled with bugs and a terrible code if you ever bother to check it. it has already been exploited a couple of times and each time led to loss of millions of dollars ... ... and the tweets something the most fake thing in history of bitcoin! real mature of him. |
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I've noticed that whenever BTC gets near to $3000, transaction costs go up and payments start getting stuck. The next day it seems to crash down again. Is this a coincidence?
first of all learn which board to post, this belongs to speculation board. secondly learn what a crash is and what a correction accompanied by panic sellers is. this one is a correction of the current rally from $2000 to $3000 and correction to $2600. and it will always be crazy big when the exchanges are small and newbie panic sellers are there to feed the whales. also, no it has nothing to do with transaction delays. there is no delay there is only higher fees and investors/traders showed in the past 6 months that they don't care about that at all. |
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I'm in dilemma of converting the bitcoins into ethereum but seems that I made a mistake last week, I could've doubled the fiat value now from bitcoin eth fiat.
don't worry my friend, if you want to double your fiat value or bitcoin or whatever, ethereum is the smallest option of thousands of other options. when ethereum rises 20% other pump coins are rising 200% in the same timeframe, instead of thinking emotionally in altcoins market regarding your investment, start thinking more rationally and find the profit. |
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first of all let me clarify that i am talking about Real Cloud Mining not the Ponzi scheme with the name cloud mining on it.
i remember a couple of years ago there have been legitimate cloud mining businesses such as GHASH.io or as you may know it Cex.io and when bitcoin price went down to $200 and stayed around <$400 they paused it (explicitly called it pause) because of higher maintenance fees.
now all the difficulty rise aside, price is nearly $3000 and that covers more than enough of any kind of cost mining has and it is producing a lot of profit for miners.
so my question is, why is there no cloud mining these days? for example why didn't Ghash.io resume their mining again?
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I say within the month! Before July, the USD price will hit $3000
currently at $2978.22 at coinbase so i wouldn't be so sure about any kind of timing about when bitcoin price reaches what anymore! things are crazy and are breaking all the patterns so far. |
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I have had it happen twice where I placed an open order for SC (Siamcoin) to be sold, turned off my computer and then the next morning logged on to Poloniex and found that my open order had not been sold during the night when the price had established itself at the sell price I had placed. Do I have to be logged on to Poloniex in order for an open order to be placed?
Scott
lets make something clear about "price had established itself at the sell price I had placed" part: for example if you placed at order to sell something at 10,000 satoshi and price went above 10,000 (like 10,001) satoshi and your order was not filled then that is a problem. but if you placed it on 10,000 satoshi and price went to 9,999 satoshi obviously your order won't be filled. also if price went up to 10,000 exactly and your order was not filled, it can still be understandable because your order was in a queue and there were other orders in front of you at the same price that needed to be filled. |
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it is not a simple choice between the two!
and unlike many around here i like a smooth fork not a risky one. which is why i say BIP 148 only if it has a high enough support. no other way around. the risks are high enough already without the support factor, and if it has a low support things will get unpredictable and i don't like that.
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Crypto usually generates better profit (and better chances) than most stocks.
simply because the quoted above is not true at all! you are just looking at a short period if profitability in altcoins and think everything is good and easy. but let the falls begin and then when you were left thinking what the hell happened to my money, you can understand what i mean. and it is not all about profitability. it is also about predictability too. when a market is manipulated and sometimes heavily manipulated it is not possible to predict it. |
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half of the cryptos (aka altcoins) are pure pumps so they will die and many will lose a lot of money, the other half are half pumps which will go down and people will again lose money.
as for bitcoin, the rise seems scary at first because it was big and rather faster than normal but when you look at the attention and all the fresh money that is coming in, you can see it is even smaller than it should have been.
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There will be no difference between bitcoin and fiat/bank if it will be regulated. Bitcoin was developed to give financial freedom and if it will be regulated there will be tax imposed and all of your bitcoin transactions will be monitored. Bitcoin will loss all its charms, so no I am not in support of government regulation on bitcoin.
Amen to that ! I understood bitcoin's dream was dead when people were enjoying "regulation". nobody can tax your bitcoin transactions the same way they can not tax the cash in your pocket! but when you go to the bank and put it there, or when you go to the shops and start buying things you pay the price there is no need for thinking it is any different with bitcoin! |
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... why couldn't I find any private key starting with K? ...
private key is just a number. you can see that number in uncompressed form which is starting with 5 (address in middle column) or see it in compressed form (addresses in right column) if you place your mouse over the private keys (starting with 5 on left column) you can see the numbers: 1, 2, ..... and as you click next page the code simply generates the private keys in base58 on the go based on those numbers: 100, 101, ... ..I tried 5000000..
in other words you wasted your time.  |
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2025 Here is my copy os windows 95, now give me a house for that.....see how that's not going to work. vs
Here is my BTC I purchased in 2011 for $5, give me house....ok and here is you x 100K change.
if you want to compare at least you should compare bitcoin to stock/share of these companies not the product.. like saying here is a Microsoft share that i bought in 95, give me a house! also i don't get what e.t.h had to do with anything that you just jammed it in your comment here  |
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It depends on the amount that you are going to transfer, also depends on your the web wallet that you are using. But mostly of the web wallets does have transaction fees, and this is only natural since we are using their services,
all wrong. how much fee you pay doesn't have anything to do with how much you are transferring. in bitcoin you pay for the size of your transaction in bytes. if it is normal and about 226 bytes then you pay less and if it is big for example 10,000 bytes you pay more. also web wallets are two kinds: - blockchain.info like wallet which you have the private keys, in which case there is nothing different about fees. you pay the network fee. - coinbase like wallets which you don't have the private keys. and they do take fees now and it depends on how much they feel like is appropriate. |
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why do you make multiple topics and why do you make them in a wrong board intentionally? you are a Sr. Member so you must know all price related questions belong to speculation not the main board!
and making multiple ones and calling this a bubble doesn't make it a bubble. and if you feel like it then sell, nothing others say should affect your decision.
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oh boy that was a long wall of text! you could have summarized your question into 3 lines tops!
* yes it is profitable when an altcoin gets pumped.
* yes it can be a huge profit because it is a pump and it is big.
* but this is always like a shape of a mountain, it goes up and then drops. there is always going to be two sides.
* if you invest $100,000 and it goes up, you make a lot of money.
* if you invest $100,000 and it goes down, you will lose a lot of money too.
if you accept both of the sides of this mountain (like losing $5000 in 10 seconds) then invest. otherwise if you think there will only be rising in altcoin market then you better stay away.
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Now most of us have surely tried trading in past and maybe stopped because it didn't work or you got sufficient profit , etc etc.
But most of us are surely annoyed by few things like :
1. You place a buy or sell order of 1 btc and someone else to be on top puts his order are 1.00000001 btc.
2. You try to pump a coin and be successful, buy when you place a sell order you are outnumbered easily and sometimes panic and get a huge
3. You are holding some coin and got a decent profit, so you plan to sell it and next the price get's
4. As buying and selling mostly doesn't require and verification so maybe on mobile you press buy or sell when you don't want to do it.
Got more funny moments feel free to share them below
i can't say i particularly have any feelings towards any of these! 1. if you want to buy or sell at price X then why do you even care if someone places 1 satoshi above you! let them buy higher or sell cheaper than the price you have in mind! 2. pump a coin? you? i don't think you are big enough to pump an altcoin. unless you mean something else! 3. your statements cut in the middle of sentence! LOL. 4. simple solution: double check before clicking! and don't rush! |
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