I feel that this project is really exciting from the beginning of its development to now. That may be a good sign for people to pay attention and invest.
Crypto is basically based on speculation at the moment because we don't have large working products. 99% are just PoC.
Can i ask you 99% are just PoC, so what the meaning of the PoC i kinda new to bitcoin stuff
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BoardBeginners & Help
What is PoC ?
by
Kainhighwind
on 22/09/2018, 07:45:35 UTC
I'm being a hard time finding what is the meaning of Poc, some said it's Proof-of-Coin, some said it proof-of-concept but what is the true meaning of PoC at the current moment when all of the BTC and Alt are green and they say 99% are just PoC?
mt.gox claims due by oct 22....$1.09 billion in bitcoin will be dispersed to mt.gox claimants by feb 14 2019 and most claimants are expected to dump their bitcoin on the market...wont this cause btc to crash to $1000 or less in the next 5 months ?
90% of the MtGox creditors demanded to be paid back in Bitcoin rather than in yen or dollars so this discussion is moot.
The MtGox creditors are glad even now the trustee did not sell all the remaining 200,000 bitcoin at $10,000 so this idea that they will sell their share for $1000 or even $5000 is absurd.
I am a Gox creditor and I personally would not take $10,000 for the coins I get out of the settlement.
It honestly wouldn't surprise me if more than 11 million Bitcoin are lost forever. 10 Million circulating supply is what I expect once hyperbitcoinization happens.
True, when I die my bitcoins will die with me.
Yes, people needs to work for bitcoin, not giving it away for free, even for relatives Unless I could sell it at 100k lol
I'm just here for the shit show hodling waiting to buy at 3-4k. .. and eat my meatloaf Maaaaa! ..... MOM. THE MEATLOAF!
We'll see 30-40K long before 3-4K.
There are only 10,000 BTC for sale on Bitfinex right now and 37,000 shorts open. Do the math. When those shorts start to close, we could see a new ATH very quickly.
I am ready to buy more BTC at this level. I think institutional investors are thinking the same as well.
Based on what
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BoardSpeculation (Altcoins)
Re: ICO prediction 2019
by
Kainhighwind
on 14/09/2018, 05:12:01 UTC
Alot of people bought ether at those low prices. There's a lot of shit coins for sure but ether is not going anywhere. Failing ICOs dumped ETH, but that seems to be over...for now.
I wake up this morning to headlines of "Crypto crash greater than dot-com crash!" Then look at BTC and it is barely changed. The press is employing scare tactics against BTC by using "crypto" as an analog, which it ain't. I do not believe this is not intentional.
i think the headlines refer to bitcoin for all of 2018. if you ONLY look at 2018, sure... bitcoin has lost 70+% of its value.
but... zoom out and from 2011-2017, and you'll see its doing great.
I guess those writing headlines only want to look at the performance this year.
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BoardSpeculation (Altcoins)
Re: What happens to market ?
by
Kainhighwind
on 13/09/2018, 04:13:55 UTC
qanon just posted bitcoin is a plan to help rich avoid the upcoming us$ uro crash. thats why price is dumped so these folks can buy in now.
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BoardSpeculation
Re: Total Marketcap Predictions
by
Kainhighwind
on 13/09/2018, 03:15:53 UTC
Looks like it's a mini shorts squeeze. Probably a few people who overestimated how quickly we would see low $6Ks, high $5Ks.
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BoardBeginners & Help
Re: clarify bitcoin fees
by
Kainhighwind
on 12/09/2018, 03:42:18 UTC
Better option: Transfer fiat to Coinbase via ach. Wait about a week. Then move fiat to Coinbase pro - instant. Use limit buy orders on Coinbase pro. All free. No fees.
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BoardBitcoin Discussion
Re: Do you still believe in predictions of "experts" about the bitcoin price?
They are experts because they know what to do to mitigate risk when things go wrong. It's not about being right 100 percent of the time.
Can't wait when the first big banks enter the Bitcoin market. Soon the rest will follow, not because they believe in it but because they want to mitigate risk and not looking foolish against those other banks if they didn't make the bet too.
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BoardSpeculation (Altcoins)
Re: How long time will take to market rise ?
by
Kainhighwind
on 11/09/2018, 07:49:41 UTC
If the last 48 hours have not convinced you that this is not an organic market, you deserve to lose your money.
With so many shorts, its really hard to believe it will reach $50k
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BoardBitcoin Discussion
Re: Staying away from Bitcoin for 5 years
by
Kainhighwind
on 11/09/2018, 03:52:26 UTC
Ah, yeah. In that case, it just occurs to me that my bitcoins are organic, too. Want any? (The price of course is elevated as compared to conventional bitcoins, because they are so organic.)