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The market is now really volatile (just take a glance at today's candles on Bitfinex, for example), so it makes sense to take advantage of trading. Of course, it is risky, but can also result in higher profits.
I just don't spend Bitcoins now, when the price is above $1,000 and can go higher and higher. Kinda psychological STOP inside my head. Earlier though I traveled with Bitcoin (it was around $300 then, bad times), and it was ok.
Well, you can buy Bitcoin at a high price, but it can go even higher later on. At the same time, you can buy altcoin at a lower price, but it will eventually go even lower.
What's more, it can be vice versa
You decide
What's more, it can be vice versa
You decide
Re: Do you have an idea to invest your bitcoin in offline business?
Ok, even if you invest in offline business, you will have to deal with online payments. I mean, it doesn't matter where you invest your BTC, as long as they are accepted.
Re: Help With Bitcoin Purchase Platform THrough Credit/Debit Card
I used Coinbase and CEX.IO. If you are interested in worldwide coverage, better take a glance at CEX, cause they have broader geography
Well, mining is too expensive nowadays, and I assume that only corporations owning lots of equipment can handle that.
Trading is risky too, but at least you can get into it with less amount than into mining.
Trading is risky too, but at least you can get into it with less amount than into mining.
I think that ETH will survive for sure. I perceive it as an absolutely separate currency. And it is backed by a strong team, willing to develop Ethereum and spread a word about it. This is what most altcoins lack.
You know, people didn't think they needed computers back in the past... And I think that this situation with Bitcoin really can change only if we continue spreading a word about Bitcoin, pointing out to its advantages (for example, c'mon, if you want to send money to another part of the world at a low cost, it is really a good stuff), and showing that Bitcoins is something people should pay attention to, cause it can then be late for them, there will be a breaking point when Bitcoin becomes really widespread.
Everything unknown frightens people.
My point is not to give up, because, by driving btc adoption we can steadily raise the price of Bitcoin, at least, provided there are no considerable stresses in the industry.
Everything unknown frightens people.
My point is not to give up, because, by driving btc adoption we can steadily raise the price of Bitcoin, at least, provided there are no considerable stresses in the industry.
Re: Millionaires Massively investing in Bitcoin To Make It Mainstream
Bitcoin is going mainstream, millionaires massively investing in Bitcoin only because to increase the price of Bitcoin and get media attention to make it mainstream.
Actually theres millionaires who invested on bitcoin but it just on hidden way i guess because they dont like to exposed themselves on public but with this kind of action or adoption price will surely rise because bitcoin is really a good investment specially on longer runs.+1. Don't think they would scream about that.
If I were you, I'd search for affiliate programs. Especially those that have lifetime bonuses, not one-time
What do you mean by lifetime bonus? Is it the same affiliate program that gives you small amount of bonus every single day? I really doubt that it's a lifetime thing given that websites tend to only last more than a year or so.
I would prefer one time affiliate programs. For example, when someone bought an item and used your affiliate link. Youtubers do this often and they seem to make good amount of money from it because otherwise, they wouldn't make all those Youtube videos and include their affiliate code in every single item that they feature.
In any case, you can participate in many affiliate programs at one time, it's even better
I once used Bit-X prepaid card to load Bitcoins to it. Eventually, I lost money because each time I used this card to pay for something, the exchange rate was unpredictable and not the best one.
Therefore, my scheme is as follows. I have a Bitcoin wallet where I store Bitcoins. If I want money on my ordinary card, I convert Bitcoins to USD at the rate that I see and can more or less choose, and withdraw the money (USD) to the card. Since CEX.IO introduced the feature of card withdrawals, I am using it more and more. I even ordered a VISA card at my bank, cause the withdrawal fee for Visas on CEX is $3.80 only.
As said, I am not dealing with prepaid cards anymore, because it is not as transparent as I'd like it to be
Therefore, my scheme is as follows. I have a Bitcoin wallet where I store Bitcoins. If I want money on my ordinary card, I convert Bitcoins to USD at the rate that I see and can more or less choose, and withdraw the money (USD) to the card. Since CEX.IO introduced the feature of card withdrawals, I am using it more and more. I even ordered a VISA card at my bank, cause the withdrawal fee for Visas on CEX is $3.80 only.
As said, I am not dealing with prepaid cards anymore, because it is not as transparent as I'd like it to be
1% is too much, I guess.
I like cex.io, cause I can deposit with MasterCard, and trade for 0.2%. They're long on the market (2013, I believe). And though they've been into cloud mining for a long time, they managed to create a good exchange service.
The volume is not as high as on Bitfinex, but non-professional traders would definitely like this exchange.
I like cex.io, cause I can deposit with MasterCard, and trade for 0.2%. They're long on the market (2013, I believe). And though they've been into cloud mining for a long time, they managed to create a good exchange service.
The volume is not as high as on Bitfinex, but non-professional traders would definitely like this exchange.
This thread is misleading and just plain wrong!! It sounds like the posters in this thread haven't read anything regarding CEX.io in the past year.
CEX is defunct... dead... gone the way of the Dodo bird.
They shut down cloudmining about a month ago because maintenance fees were greater than mining income.
https://bitcointalk.org/index.php?topic=922513.0
CEX is defunct... dead... gone the way of the Dodo bird.
They shut down cloudmining about a month ago because maintenance fees were greater than mining income.
https://bitcointalk.org/index.php?topic=922513.0
Quote
Taking into consideration our users interests, the recent Bitcoin price drop, as well as the upscaling of the mining difficulty, CEX.IO Bitcoin Exchange would like to announce a temporary suspension of cloud mining services provided by the platform at the time of the next difficulty increase.
According to the 11.5. paragraph of CEX.IO Terms of Use:
Mining with using Users Gigahashes can be stopped by CEX.IO if the amount of the Maintenance Cost exceeds rewards for each mined block or if the mining is economically inexpedient.
Thereby, all GHS formerly purchased by CEX.IO users remain their absolute property, with appropriate figures reflected in users profile balance. Additionally users will be able to manually enable mining with Gigahashes by their own choice.
Suspension of CEX.IO cloud mining service is only a forced temporary measure, the result of cloud mining costs exceeding mining profit, Jeffrey Smith, Chief Information Officer of CEX.IO. Currently all cloud mining/maintenance costs are directed to the Hardware provider, hence, we are open for negotiations with additional mining hardware providers, who can offer favourable terms. And, as soon as we get an opportunity to upgrade mining hardware, or come to more efficient terms with energy suppliers, cloud mining process will be automatically resumed.
Meanwhile, CEX.IO will continue operating as full service exchange platform for trading cryptocurrencies and fiat money.
According to the 11.5. paragraph of CEX.IO Terms of Use:
Mining with using Users Gigahashes can be stopped by CEX.IO if the amount of the Maintenance Cost exceeds rewards for each mined block or if the mining is economically inexpedient.
Thereby, all GHS formerly purchased by CEX.IO users remain their absolute property, with appropriate figures reflected in users profile balance. Additionally users will be able to manually enable mining with Gigahashes by their own choice.
Suspension of CEX.IO cloud mining service is only a forced temporary measure, the result of cloud mining costs exceeding mining profit, Jeffrey Smith, Chief Information Officer of CEX.IO. Currently all cloud mining/maintenance costs are directed to the Hardware provider, hence, we are open for negotiations with additional mining hardware providers, who can offer favourable terms. And, as soon as we get an opportunity to upgrade mining hardware, or come to more efficient terms with energy suppliers, cloud mining process will be automatically resumed.
Meanwhile, CEX.IO will continue operating as full service exchange platform for trading cryptocurrencies and fiat money.
They are not dead, it's just cloud mining which is temporarily suspended. Their pool is still operational. Blockchain.info shows their pool's share is 7-9% which is quite impressive.
You mean their exchange is still operational, not their pool. CEX.io doesn't have a mining pool, but their affiliate company does.
Ghash.io is about 7% of the pool hashrate on https://blockchain.info/pools
Yes, you're correct. I consider them as one entity.
This thread is misleading and just plain wrong!! It sounds like the posters in this thread haven't read anything regarding CEX.io in the past year.
CEX is defunct... dead... gone the way of the Dodo bird.
They shut down cloudmining about a month ago because maintenance fees were greater than mining income.
https://bitcointalk.org/index.php?topic=922513.0
CEX is defunct... dead... gone the way of the Dodo bird.
They shut down cloudmining about a month ago because maintenance fees were greater than mining income.
https://bitcointalk.org/index.php?topic=922513.0
Quote
Taking into consideration our users interests, the recent Bitcoin price drop, as well as the upscaling of the mining difficulty, CEX.IO Bitcoin Exchange would like to announce a temporary suspension of cloud mining services provided by the platform at the time of the next difficulty increase.
According to the 11.5. paragraph of CEX.IO Terms of Use:
Mining with using Users Gigahashes can be stopped by CEX.IO if the amount of the Maintenance Cost exceeds rewards for each mined block or if the mining is economically inexpedient.
Thereby, all GHS formerly purchased by CEX.IO users remain their absolute property, with appropriate figures reflected in users profile balance. Additionally users will be able to manually enable mining with Gigahashes by their own choice.
Suspension of CEX.IO cloud mining service is only a forced temporary measure, the result of cloud mining costs exceeding mining profit, Jeffrey Smith, Chief Information Officer of CEX.IO. Currently all cloud mining/maintenance costs are directed to the Hardware provider, hence, we are open for negotiations with additional mining hardware providers, who can offer favourable terms. And, as soon as we get an opportunity to upgrade mining hardware, or come to more efficient terms with energy suppliers, cloud mining process will be automatically resumed.
Meanwhile, CEX.IO will continue operating as full service exchange platform for trading cryptocurrencies and fiat money.
According to the 11.5. paragraph of CEX.IO Terms of Use:
Mining with using Users Gigahashes can be stopped by CEX.IO if the amount of the Maintenance Cost exceeds rewards for each mined block or if the mining is economically inexpedient.
Thereby, all GHS formerly purchased by CEX.IO users remain their absolute property, with appropriate figures reflected in users profile balance. Additionally users will be able to manually enable mining with Gigahashes by their own choice.
Suspension of CEX.IO cloud mining service is only a forced temporary measure, the result of cloud mining costs exceeding mining profit, Jeffrey Smith, Chief Information Officer of CEX.IO. Currently all cloud mining/maintenance costs are directed to the Hardware provider, hence, we are open for negotiations with additional mining hardware providers, who can offer favourable terms. And, as soon as we get an opportunity to upgrade mining hardware, or come to more efficient terms with energy suppliers, cloud mining process will be automatically resumed.
Meanwhile, CEX.IO will continue operating as full service exchange platform for trading cryptocurrencies and fiat money.
They are not dead, it's just cloud mining which is temporarily suspended. Their pool is still operational. Blockchain.info shows their pool's share is 7-9% which is quite impressive.
Re: If Bitcoin were at a constant price, more people would use it.
I assume it doesn't matter much how volatile the price is for businesses, provided that they accept payments in Bitcoin, but state them in USD or EUR (or else) and then convert the coins to their currency. I mean, if it functions as a payment method, but not a currency, it's more or less okay for anybody.
But I agree, it can real get scary with these fluctuations
But I agree, it can real get scary with these fluctuations
Fair points. Whoever controls the money, controls people. If people can reach the degree of consensus to be able to control their money, they will more likely accept their responsibilities and fully regain their liberal rights. Until humans are capable of such a consensus, the governments will do whatever possible to substitute these rights with an illusion of equality.
No matter how sad the prognosis, the article concludes with a suggestion that the debt economy will crash in the future.
No matter how sad the prognosis, the article concludes with a suggestion that the debt economy will crash in the future.