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ejinte
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June 09, 2014, 05:29:57 PM |
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How are you feeling on the ghash.io situation?
I'm sure that they will take the necessary precautions so they don't hit 51%, but still... What do you think?
I think the problems will fix it self and miners move to another pool. No one wants a 51% attack. |
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Parazyd
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June 09, 2014, 05:34:26 PM |
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How are you feeling on the ghash.io situation?
I'm sure that they will take the necessary precautions so they don't hit 51%, but still... What do you think?
I think the problems will fix it self and miners move to another pool. No one wants a 51% attack. Not sure people would move to other pools if they chose ghash.io already. IIRC, ghash.io stated they would actually give the choice to choose other pools, and even possibly force it. /tinfoil hat Then there's the possibility (when they actually have 51%+) of certain people offering loads of money to the owners and to a 51% attack regardless of them forcing miners to other pools. They can always override it because it goes through their servers. /tinfoil hat off Also, I haven't seen it mentioned anywhere, but couldn't they just create another, independent pool? |
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akujin
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June 09, 2014, 05:42:57 PM |
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zimmah
Legendary
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Activity: 1106
Merit: 1005
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June 09, 2014, 05:45:03 PM |
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to get a long-term solution we need a pool that is as good as GHASH.io, but there aren't any pools that offer the same package as them.
until there is a good alternative this scenario will repeat itself
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JayJuanGee
Legendary
Offline
Activity: 3710
Merit: 10221
Self-Custody is a right. Say no to"Non-custodial"
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June 09, 2014, 05:50:05 PM |
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Bedtime for me, now.
I just bought 10BTC, and maybe I will buy another 10 in the morning... or maybe later in the day... depending upon how I feel... At this point, I would rather see down, rather than up, but my 10BTC hedges in the event that prices go up while I am sleeping.
We'll give you a call if shit hits the fan, but so far it looks like we are recovering  I just saw that there is a new alarm feature on Bitcoinwisdom. That site is awesome. Actually, I use the alarm in bitcoin ticker on my iphone during the day.. and also the alarm in zero block on my iphone. However, I just tried out this alarm in bitcoin wisdom, and actually this may be better for when I am sleeping - so long as I am next to my computer b/c I could NOT figure out any easy way to select and choose my alarms on my iphone... they are either all on or they are all off, and I may be interested in hearing about bitcoin prices, but i do not want to get a text alert, phone alert, e-mail alert and/or some other category of alert that are turned on when I turn on my alarms on my iphone. |
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JayJuanGee
Legendary
Offline
Activity: 3710
Merit: 10221
Self-Custody is a right. Say no to"Non-custodial"
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June 09, 2014, 05:55:54 PM |
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Bedtime for me, now.
I just bought 10BTC, and maybe I will buy another 10 in the morning... or maybe later in the day... depending upon how I feel... At this point, I would rather see down, rather than up, but my 10BTC hedges in the event that prices go up while I am sleeping.
Each time I send some fiat to my favorite exchange, I can't wait more than 2 days before converting it to bitcoin. Always afraid of price skyrocketing before I buy. It seems I am not the only one. I found a solution, if the trend is bearish, I make a trailing order. So far, I have been buying through Coinbase, which seems to be the cheapest solution for me to obtain BTC. So far, Coinbase does NOT allow the creation of orders, otherwise I would create orders in order that I do NOT need to watch the price so much in attempt to time my buys. |
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ChartBuddy
Legendary
Offline
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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June 09, 2014, 06:01:03 PM |
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JayJuanGee
Legendary
Offline
Activity: 3710
Merit: 10221
Self-Custody is a right. Say no to"Non-custodial"
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June 09, 2014, 06:03:00 PM |
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I hope you are right that would be great Too many people here are not patient enough to get rich. Just wait and hodl. Bitcoin = The Ultimate Get Rich Quick Scheme.  There are a lot of get rich quick schemes out there. Bitcoin is only partially a get rich quick scheme (if you want to call it that). It may be "ultimate" merely b/c it seems to have a very high probability of reaching that objective for the masses... those who find out about bitcoin and act upon it. There are likely other good places to put one's money as well, so long as the investor finds out about those other get rich quick schemes. |
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bangersdad
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June 09, 2014, 06:03:22 PM |
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Bedtime for me, now.
I just bought 10BTC, and maybe I will buy another 10 in the morning... or maybe later in the day... depending upon how I feel... At this point, I would rather see down, rather than up, but my 10BTC hedges in the event that prices go up while I am sleeping.
Each time I send some fiat to my favorite exchange, I can't wait more than 2 days before converting it to bitcoin. Always afraid of price skyrocketing before I buy. It seems I am not the only one. I found a solution, if the trend is bearish, I make a trailing order. So far, I have been buying through Coinbase, which seems to be the cheapest solution for me to obtain BTC. So far, Coinbase does NOT allow the creation of orders, otherwise I would create orders in order that I do NOT need to watch the price so much in attempt to time my buys. Try this: https://play.google.com/store/apps/details?id=com.thanksmister.coinbasetraderFEATURES: ★ Buy or Sell Bitcoin with a Market, Limit, or Trailing Limit Order ★ Optional passcode requirement to place orders ★ Pause, Stop, Restart orders ★ Execute multiple orders at the same time. ★ View order history, account information or bitcoin exchange data ★ Receive price and order notifications ★ Keep trying to place orders during rolling limits and exchange rate changes ★ Settings for prices displayed, notifications, and orders ★ Mock orders to test your buying and selling strategy *There is now no additional cost for accessing the premium features, its free for all. If you previously purchased the upgrade and would like a refund, send email to mister@thanksmister.com with your order number. However, we do appreciate any contribution to the ongoing development efforts! ____________ SECURITY: The application does not have access to your Coinbase credentials. The login process occurs through the Coinbase web site (using your 2-factor authentication). The application then receives authorization only to buy and sell bitcoins, it does not have permission to send or receive bitcoins. In addition, the application features an optional pin required to place trades. |
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JayJuanGee
Legendary
Offline
Activity: 3710
Merit: 10221
Self-Custody is a right. Say no to"Non-custodial"
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June 09, 2014, 06:31:52 PM |
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Bedtime for me, now.
I just bought 10BTC, and maybe I will buy another 10 in the morning... or maybe later in the day... depending upon how I feel... At this point, I would rather see down, rather than up, but my 10BTC hedges in the event that prices go up while I am sleeping.
Each time I send some fiat to my favorite exchange, I can't wait more than 2 days before converting it to bitcoin. Always afraid of price skyrocketing before I buy. It seems I am not the only one. I found a solution, if the trend is bearish, I make a trailing order. So far, I have been buying through Coinbase, which seems to be the cheapest solution for me to obtain BTC. So far, Coinbase does NOT allow the creation of orders, otherwise I would create orders in order that I do NOT need to watch the price so much in attempt to time my buys. Try this: https://play.google.com/store/apps/details?id=com.thanksmister.coinbasetraderFEATURES: ★ Buy or Sell Bitcoin with a Market, Limit, or Trailing Limit Order ★ Optional passcode requirement to place orders ★ Pause, Stop, Restart orders ★ Execute multiple orders at the same time. ★ View order history, account information or bitcoin exchange data ★ Receive price and order notifications ★ Keep trying to place orders during rolling limits and exchange rate changes ★ Settings for prices displayed, notifications, and orders ★ Mock orders to test your buying and selling strategy *There is now no additional cost for accessing the premium features, its free for all. If you previously purchased the upgrade and would like a refund, send email to mister@thanksmister.com with your order number. However, we do appreciate any contribution to the ongoing development efforts! ____________ SECURITY: The application does not have access to your Coinbase credentials. The login process occurs through the Coinbase web site (using your 2-factor authentication). The application then receives authorization only to buy and sell bitcoins, it does not have permission to send or receive bitcoins. In addition, the application features an optional pin required to place trades. That looks like a fairly awesome app for Android users. I have an IPhone, so there is no iphone version. Maybe someday soon Apple will allow the return of some of these kinds of apps to the ITunes store? |
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BRADLEYPLOOF
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June 09, 2014, 06:34:18 PM |
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That looks like a fairly awesome app for Android users. I have an IPhone, so there is no iphone version. Maybe someday soon Apple will allow the return of some of these kinds of apps to the ITunes store?
They are...just gotta develop it or ask the dev of the app to release it to Apple... |
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RUEHL
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June 09, 2014, 06:34:57 PM |
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Lol this is awesome I love this quote - it can posses different meanings in one time I believe when price of 1 btc will be so high - we will be able to pay everywhere via using BTC and btw. Volume on one of the polish btc exchanges went skyrocket just a half hour ago.. I am curious what it will bring pretty sure that price will ++ in next 2 hours. I agree. I had the opportunity to buy BTC at $11 back in 2011 BUT I wasn't ready and didn't know the fundamentals why it's so great. I probably would've sold at the $18 or $30 peaks. Years later I'm ready, I understand the fractional reserve system and how the central banks have their dirty hands in all recent major historical events. Now I understand it's a long term hold and with any hope, there will be no need to convert to FIAT. |
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madmat
Legendary
Offline
Activity: 966
Merit: 1000
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June 09, 2014, 06:45:13 PM |
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Bedtime for me, now.
I just bought 10BTC, and maybe I will buy another 10 in the morning... or maybe later in the day... depending upon how I feel... At this point, I would rather see down, rather than up, but my 10BTC hedges in the event that prices go up while I am sleeping.
Each time I send some fiat to my favorite exchange, I can't wait more than 2 days before converting it to bitcoin. Always afraid of price skyrocketing before I buy. It seems I am not the only one. I found a solution, if the trend is bearish, I make a trailing order. So far, I have been buying through Coinbase, which seems to be the cheapest solution for me to obtain BTC. So far, Coinbase does NOT allow the creation of orders, otherwise I would create orders in order that I do NOT need to watch the price so much in attempt to time my buys. I buy on kraken, fees are 0,20% and withdraw is 0,0005btc. This is cheap. But I am in eurozone and they have volume, not sure USD volume is sufficient to make good buys. |
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ChartBuddy
Legendary
Offline
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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June 09, 2014, 07:01:03 PM |
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hyphymikey
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June 09, 2014, 07:04:03 PM |
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Umm, no it isn't. 1d 3d and 1w all GREEN |
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bangersdad
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June 09, 2014, 07:13:11 PM |
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Umm, no it isn't. 1d 3d and 1w all GREEN go green leader....lets see some action this week then please bitcorn. |
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aminorex
Legendary
Offline
Activity: 1596
Merit: 1029
Sine secretum non libertas
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June 09, 2014, 07:17:50 PM |
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december 2012 bear trap was 3 weeks red macd, while october 2013 bear trap was 2 weeks red macd.
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akujin
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June 09, 2014, 07:21:48 PM |
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bitfinex on drugs again  |
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SirChiko
Legendary
Offline
Activity: 966
Merit: 1000
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June 09, 2014, 07:24:50 PM |
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bitfinex on drugs again It would be worse if there would be dump but it seems like nice pump |
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JayJuanGee
Legendary
Offline
Activity: 3710
Merit: 10221
Self-Custody is a right. Say no to"Non-custodial"
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June 09, 2014, 07:30:49 PM |
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ADAM::::::
OP::::::
I believe you made a mistake in the poll... it goes from $600s to $500s....
Also, sometimes it can be very difficult to pin down a prediction of an exact price, especially if guestimating in between two price points.... what about using ranges instead of set price points? Either way, I will do my best to guestimate and to vote.
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Poll
