Yes, due to the bitcoin hard fork debate, many people are shorting bitcoins and moving to altcoins. Whichever blockchain will be the main chain, it will benefit the bitcoin for good and also for mass adaption.
Post
Topic
BoardOff-topic
Re: Which smartphone do you use and why?
by
Lucentar
on 14/03/2017, 14:43:03 UTC
I am using Lenovo Zuk Z1 which is unlocked and having custom recovery installed. I was first using android 5.1.1 with xposed installed and it was pretty damn good. Now it's running on official 7.1.1 nightly but i'm missing xposed very badly.
Post
Topic
BoardBitcoin Discussion
Re: What are the most expensive things sold for bitcoins?
by
Lucentar
on 17/02/2017, 18:51:41 UTC
Legendary 10,000 bitcoins pizza. A villa A Lamborghini, are a few to name.
Post
Topic
BoardSpeculation
Re: Will bitcoin trap more new user in coming years
As I had encountered that day by day more people are joining bitcoin inspite of its sky rocketing price and day by day more and more government and other agencies are coming against bitcoin so will bitcoin stay alive and will it be able to invite new user in the network?
Yup, definitely it will attract more and more people, investors and organizations into it regardless the price of 1 bitcoin.
Post
Topic
BoardOff-topic
Re: How much did you spent in the internet using bitcoin?
by
Lucentar
on 04/12/2016, 19:01:17 UTC
I have spent recently about 1 bitcoin for buying a laptop and mobile phone for my father. And also spent 0.3 bitcoins a while ago for buying a mobile phone for myself.
Post
Topic
BoardOff-topic
Re: How much do you earn per day
by
Lucentar
on 11/10/2016, 11:43:09 UTC
I usually earn 0.007btc per day by doing some online videos watching and trading. But the amount that I earn highly fluctuates time to time. And i am happy with what I earn.
So. Electric cars are gaining in popularity, therefore the popularity of gasoline will be going down. Won't the price go down, leaving the oil industry in trouble?
Nope, in developing countries, if you will introduce electric cars then still there will be gasoline used to make electricity and no engine is 100% efficient, so very less amount of electricity will be produced by the consumption of more amount of fuels. So it will still not be a problem for gasoling industries. But in case of developed countries where they use nuclear energy, this scenario will be completely different.
Post
Topic
BoardOff-topic
Re: Will you quit your day job to go full time on bitcoin?
by
Lucentar
on 24/06/2016, 15:28:56 UTC
If i could get the income required to feed my family and for the other monthly expenses along with some savings, so i can quit my daytime job and be completely bitcoin dependent.....
I actually bought in some BTC when the price was $400, and already made a ton of profit on it. So I guess the lesson learned is that always buy bitcoin when everyone thinks it's already reached the top.
Bitcoin has a long way to go.
That was a very good buy. You made more than $100 profit. But the price of bitcoin will rise again.
There are people of course that have some profit and it is also not that bad to sell it now around this time because the value of Bitcoin is not that low now so it is not that bad. But it would be better if you are waiting a longer time so you can also spend it more and more and that would be nice for you.
I bought some bitcoin in the middle of last year. But I will not sell at today's price. In fact, I will buy more.
Of course people booked some profit at 400. But I think they are waiting for more. It will be wasted if you are selling it to early. And it wont be good. I hope later that the price will rise for a long time and that we can have some more profit later in the future
The $400 is too low for us to sell. We will wait until at least the halving time to consider our situation. Miners can sell if they have to pay the bills.