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Showing 20 of 37 results by RichardThessen
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Board Bitcoin Discussion
Re: The reason that keeps me from investing in bitcoin
by
RichardThessen
on 09/07/2017, 23:19:40 UTC
For potential investors, the large takeaway should probably be that blockchain technology will probably exist in one form or another for years to come. The fate of bitcoin, however, is far more uncertain.
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Board Bitcoin Discussion
Re: What are your thoughts for Bitcoin in 2017?
by
RichardThessen
on 09/07/2017, 23:12:34 UTC
The bitcoin price has been on a tear recently, more than doubling to about $2,900 over the last three months.
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Board Bitcoin Discussion
Re: Sending bitcoin without the miner fees !
by
RichardThessen
on 09/07/2017, 23:05:32 UTC
It doesn't just disappear. I think after a certain period, it returns back to your account
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Board Altcoin Discussion
Re: Future of Numerai
by
RichardThessen
on 09/07/2017, 22:57:21 UTC
The traditional crowdsourced machine learning tournament depends on a holdout dataset. The holdout data is some historical data known to the tournament organizer and unknown to the data scientists participating in the tournament.
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Board Altcoin Discussion
Re: Best wallet for altcoins?
by
RichardThessen
on 09/07/2017, 22:48:37 UTC
KeepKey is a hardware wallet that can store about 5 different alt coins in the most secure way possible in the crypto space. KeepKey is integrated with ShapeShift so you can seamlessly trade between the alt coins that are supported.
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Board Altcoin Discussion
Re: WAVES
by
RichardThessen
on 09/07/2017, 22:40:02 UTC
 Anyone can use Waves to launch, distribute and trade their own crypto token. The platform is fully decentralised, transparent and auditable.
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Board Altcoin Discussion
Re: Which coins are good to invest now
by
RichardThessen
on 09/07/2017, 22:29:25 UTC
Invest in all. Ask yourself this question; If you invested $500,000 in cryptos 5 years ago, how much would you have right now? I know what you're thinking
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Board Altcoin Discussion
Re: Will you teach me please, What is ICO?
by
RichardThessen
on 09/07/2017, 22:18:13 UTC
An initial coin offering (ICO) is a means of crowdfunding the release of a new cryptocurrency. Generally, tokens for the new cryptocurrency are sold to raise money for technical development before the cryptocurrency is released. ... Ethereum raised money with an ICO in 2014. ICOs are now extremely popular.
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Board Altcoin Discussion
Re: How to calculate profit?
by
RichardThessen
on 09/07/2017, 22:07:11 UTC
No stable market in as far as cryptos are concerned. But you said it all. If the coin doubled from 1.10 to 1.20, then yes, you made profit
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Board Altcoin Discussion
Re: why altcoin is a bad investing?
by
RichardThessen
on 09/07/2017, 22:00:19 UTC
Regardless of bitcoin's ups and downs, the technology behind it—particularly the blockchain, the common ledger that the virtual currency uses—could have a long-lasting impact as a medium of exchange.
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Topic
Board Speculation (Altcoins)
Re: Is Ethereum best for investment?
by
RichardThessen
on 09/07/2017, 08:40:46 UTC
Increasing popularity, increasing scarcity, increasing network utilization, corporations exploring the porting over of their business processes onto smart contract platforms. Yes its good
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Board Bitcoin Discussion
Re: Is Bitcoin digital gold or digital cash?
by
RichardThessen
on 09/07/2017, 08:28:25 UTC
Proponents of Bitcoin as ‘digital cash’ place more emphasis on the accessibility aspect, arguing that its transaction fees should be low, whereas proponents of Bitcoin as ‘digital gold’ are more focused on its security, arguing that this should not be compromised by efforts to lower costs.
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Board Bitcoin Discussion
Re: What are your plans with your Bitcoin?
by
RichardThessen
on 09/07/2017, 08:20:12 UTC
I'm planning to invest more on Bitcoin related companies and convert some of my Bitcoin into fiat and invest it on our local stock market. How about you?
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Board Bitcoin Discussion
Re: How much risk in bitcoin investement ?
by
RichardThessen
on 09/07/2017, 08:12:26 UTC
Bitcoin exchanges are volatile, new, and largely unregulated and therefore could be more prone to fraud or failure than other types of securities exchanges.
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Topic
Board Bitcoin Discussion
Re: Why bitcoin is not supported in some countries?
by
RichardThessen
on 09/07/2017, 08:04:42 UTC
Bitcoin has no center to attack. There is no single organisation or person that controls Bitcoin and transactions don't go through a central clearing house there is really no way a regulator can stop people from downloading Bitcoin wallets and sending each other bitcoins.
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Board Bitcoin Discussion
Re: So Bitcoin is better than Gold?
by
RichardThessen
on 09/07/2017, 07:55:08 UTC
The Bitcoin Investment Trust Shares have almost tripled in value in the last twelve months, gaining more than 30 percent in the last three months alone. Meanwhile, SPDR Gold shares are down 3.78 percent in the last twelve months and up 4.49 percent in the last three months.
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Topic
Board Speculation
Re: Is it too late to buy bitcoin?
by
RichardThessen
on 09/07/2017, 07:47:50 UTC
It is always a good time to buy bitcoin if you are holding long term and not just for day trading. Don't wait for the price to drop significantly again, because you could be waiting forever
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Board Bitcoin Discussion
Re: Bitcoin after 1st august = Unstoppable?
by
RichardThessen
on 09/07/2017, 07:21:35 UTC
The main reason that miners may change their mind after August 1st would be if the economic majority of users decided to support the BIP 148 chain, although they may also feel the need to avoid a chain split entirely.
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Board Bitcoin Discussion
Re: Another Good Reason to Own Some BTC
by
RichardThessen
on 08/07/2017, 22:13:34 UTC
At least in some parts of Europe there seems to be an increasing movement to get rid of cash. The trend is increasing in many developed countries where digital payment methods have high adoption.
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Board Bitcoin Discussion
Re: Another Good Reason to Own Some BTC
by
RichardThessen
on 08/07/2017, 22:06:30 UTC
The economic situation is unstable all over the world but the value of bitcoin is not strongly correlated neither with the stock market nor national currencies.