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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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IMZ (OP)
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Activity: 1498
Merit: 1000
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December 31, 2016, 07:56:56 AM |
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'If a coin does not have a large number of active community members, supporting with funds as well, plus a number of good active developers, it will not survive. I committed funds to CBX, but I would be surprised if it does survive beyond the next year. So I guess I won't be buying any more. As regards market cap, once that gets below the top couple of hundred currencies, only a very big innovation, and a lot of active people can save a crypto currency. I dont think the 124k coins make any difference to that. Having them on offer at a cheap price may have an outside chance of attracting a new active investor with an idea, who wants a big cheap stake in a long established coin.' This is Major Max, on the CBX thread here: https://bitcointalk.org/index.php?topic=951753.3480It's a long time since I've seen as honest and accurate a statement as this (which is part of the discussion over the incoming Cryptsy coins). |
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IMZ (OP)
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January 01, 2017, 10:06:35 PM |
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IMZ (OP)
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January 02, 2017, 11:30:51 PM
Last edit: January 03, 2017, 02:26:01 AM by IMZ |
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'Donald Trump's reflation rally will short-circuit. Rising borrowing costs will blow fuses across the world before fiscal stimulus arrives, if it in fact arrives. By the end of 2017 it will be clear that nothing has changed for the better. Powerful deflationary forces retain an invisible grip over the global economy. Bond yields will ratchet up further and then come clattering down again – ultimately driving 10-year US yields below zero before the decade is over. There are few ‘shovel ready’ projects for Trump’s infrastructure blitz. The headline figures are imaginary. His plan will be whittled down by Congress.' Yup. Good news for cryptos!! http://www.telegraph.co.uk/business/2017/01/02/almighty-trump-dollar-derail-china-world-2017/EDIT: 'China's new rules on overseas currency transfers are not capital controls, the official Xinhua news agency reported, even as some banks told customers that purchases of foreign currency for property, securities and life insurance were not allowed.' Good news for cryptos! http://www.reuters.com/article/us-china-yuan-idUSKBN14M032?il=0 |
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IMZ (OP)
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January 04, 2017, 12:20:58 AM |
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'Quote from: m33 on January 03, 2017, 02:57:28 PM I already email those guys with 124k to make a deal , has been almost two weeks and no reply from them , if I get them I promise to keep them lock up for a Long time PM sent' Post 3504 here: https://bitcointalk.org/index.php?topic=951753.3500Anyone got info on the Cryptsy-coin auction date? I have received no reply from the mob I emailed. |
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IMZ (OP)
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January 04, 2017, 03:49:41 AM |
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IMZ (OP)
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January 04, 2017, 06:08:16 AM |
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Noo D L Ex Paradigm
One: provide an OTC base for a group of crypto geeks, a project dating back to 2013. At this point, we’re trading in Uno, DASH, Btc; silver; and shortly, XMR.
Two: provide detail on the GFC and the ‘incoming’ Cryptsy coin.
Three: trade the Cryptopia XMR-UNO pair, and perhaps another.
The recent flurries of UNO-BTC trading have masked divestment, and my buy-support on Bittrex has partly funded that. Don’t see the point. For me.
But trading elsewhere will provide me the profit I need to buy Uno when the Cryptsy Thang begins resolving, so that’s what I’m gonna do!
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IMZ (OP)
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Activity: 1498
Merit: 1000
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January 04, 2017, 10:20:34 AM |
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'Global investors' jitters over the yuan are intensifying ahead of Trump's Jan. 20 inauguration. He had threatened during the election campaign to slap high import tariffs on Chinese goods and label Beijing a currency manipulator.' http://www.reuters.com/article/uk-china-yuan-idUSKBN14303XStill over a fortnight until Trump's inauguration -- with or without political drama -- so we can assume this Bitcoin-buying pressure will remain. Good. Go, us! |
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BitcoinNational
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Join The Blockchain Revolution In Logistics
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January 04, 2017, 01:47:23 PM |
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Noo D L Ex Paradigm
One: provide an OTC base for a group of crypto geeks, a project dating back to 2013. At this point, we’re trading in Uno, DASH, Btc; silver; and shortly, XMR.
NooD LEx I'll be looking for OTC doge/ltc/uno possibly Quark / Black / Steem |
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BitcoinNational
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Join The Blockchain Revolution In Logistics
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January 04, 2017, 01:52:56 PM |
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I see Bezos Amazon joined the TRUMP tech summit group. Nothing surprising on the list: MSFT, Google, Oracle, FB, Amazon, Apple and Peter Thiel get a free hand and the Trump Techno Future Wheel. |
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BitcoinNational
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January 06, 2017, 02:25:22 PM |
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It has long been thought that a cashless society was one of the prime objectives of the New World Order. If only because it gives the authorities greater scope for surveillance and control. Without cash transactions the ability to acquire essential items is restricted to those who have bank accounts. So a bank account becomes indispensable in modern society — thereby enabling the authorities to monitor each individual’s transactions and, to some extent, their movements too. Washington is behind India’s brutal experiment of abolishing most cash http://www.thetruthseeker.co.uk/?p=145141yes religiosity, but on the ball. |
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