Does anybody know what is driving down most of the market today by ~15%? I have been looking for news but have not yet found anything. One would think coindesk would have something but ...
The hash war will start between Bitcoin Cash ABC and SV. So the Bitcoin Hash will be affected, the unconfirmed transaction will rise. That will impact bitcoin price negatively.
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BoardMining (Altcoins)
Re: 50 GPU Mining Farm Earns Less Than $10 A Day - VoskCoin Mining Farm Profits
Key though, you are still earning 10$ a day. Yeah it sucks but if you saw 10$ in the street you wouldn't walk over it would you?
I have 50gh on eth and seeing that price drop is very crappy, damn you goldman sachs! It will recover and honestly if i had extra $ i'd buy all the eth i could.
Well if they are dumping coins then it means they have a better thing to invest or they think nobody will buy altcoins now and will not give any return to them and the money will be idle, funny though, when the dump starts then only dumps, when the pumps starts then only pumps, people know that and the reason they start buying few months prior to the next 50x earnings cryptocoins give 2 to 4 years.
People have to accept any loss they had in their minds but the truth is, you only lose when you sell and if people bought for example bitcoin for $20k and sell now, that is 66% less money, so they have to hold out for the good times.
I will not dump the coins I mine. I bearly make any profit with high electricity price.
What is $ 1.7 billion? This is less than 1% of the total bitcoin capitalization. This is very little to talk about landfill. Whales took advantage of the situation to enhance the effect of such a coin reset. After these coins find their owner, the price will go up again. It's just one person's savings. Lol. Don't panic and everything will be fine.
I also think the effect of the sale off is exaggreted. It can crash the market jut because there are not many buyers in general.
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BoardPress
Re: [2018-01-25] UK Prime Minister to Look at Bitcoin Action ‘Very Seriously'
Everyone be like "Nonono BCC is an Altcoin..." it's nothing more than Bitcoin itself with a slightly different codebase. So whenever Bitcoin changes ist codebase, it's automatically an altcoin? We will see what happens, BCC is the better product to use so to my mind has a good chance to overtake Bitcoin.
Are you trolling? Or do you really believe that because BCash has almost the same code as BTC that it's bitcoin? In that case, is bitcoin gold bitcoin? What about bitcoin xt? Or bitcoin unlimited? Or bitcoin diamond? Or any shitty forks that will occur?
I will use the coin which has more users and lower transaction fees.
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BoardPress
Re: Russia may prohibit the use of cryptocurrencies!
Gold price is still higher than bitcoin.There is something to consider regarding gold and bitcoin prices.There are strong expectations that Fed will rise rates,dollar is rising,so why gold is not going down,usually if dollar rise gold is going down,similar situation was before 2008 crisis
It is possible the bitcoin price will be 50% higher than gold in 6 months.
Bitcoin is better than gold because of the following reasons -it is easier to earn -it has more potential and the price is on the rise a lot -it has become a currency .
In long term, the bitcoin price will be much higher. In the short term, it will trade around current level.
Yea margin is reached on all exchanges except one btc-e still few dollars under but by end of this day it will change for sure. Now to remain over 800 for Xmas and New Year and for us all to go in the new 2017 with price + 800$
If the price stays above the $800 level for the rest of the year, that will be a good sign for the next few months.
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BoardMining (Altcoins)
Re: Mining 120 vs 240 Volts on a 7 GPU RX 470 Rig
by
Wargika
on 17/12/2016, 16:24:48 UTC
If you have choice, use the 240V. It is about 2% more efficient.
Investing this amount requires greater care. You must choose an investment with a good risk/reward ratio, and with good fundamentals behind it. In my opinion, the level of risk to hold Bitcoin, at this point, is an acceptable level. In addition, the profit potential, for the long term, is high compared to other investments.
You might be right but the final decision will always be coming from the the OP, he will invest a big amount so needs to carefully study on the possibilities. As once it failed, money gone and you might lose your appetite about bitcoin. We know there's a good future but do not be too confident to put all your money.
100,000 Euro is a large amount of money to invest. The scale is much bigger than home mining. More things to consider.
Theres a lot of ways to double your money, without risking it. But in order to double it you must be hardworking and smart.open a business where bitcoin can be use. Like an online store.
I disagree with you. Anything that you will make your money doubled has always a risk. Remember that all types of investments are always risky and it is just going to depend on how you will take the risk very light. Opening a business has a risk also but that can be a good source of income and possibly you can make your capital doubled with it.
Indeed mate.. there's no way to double your money in investing without any risks.. and it will take a lot of time before you can double your $100k. There's no easy way to do it.. you need to work hard for it.
For the bitcoin, it is quite easy to double your money in terms of fiat. The price of bitcoin rose more than 100% in the last year.
I have $100,000 to invest but want to safely double it in a year. Any suggestions?
Since this is really big money i will try to deposit half of it and then if i succeeded double it in gambling or in investment with in a month then i will not deposit the half i would prefer to save it into my bank account coz i already made it so that i have another 50,000 dolalr of capital to start another activity again.
If you have that amount of cash, it is better not to do gambling with that. You will lose that sooner or later.
I have $100,000 to invest but want to safely double it in a year. Any suggestions?
I think you dont have enough experience on this forum you need to read more topics regarding altcoins and trading discussion getting some tips into your co-members and if you really do then start with small amount of money until you succeed then make it higher and higher till your hit your goal.
Altcoins investment is riskier than putting your money in bitcoin, if the OP is not in a hurry to double his money I think buy just buying bitcoins now and hold it for at least a year will give him a chance to double his money. It is as simple as this and you need is just to trust bitcoin's future.
That is what most people should do. You can buy the bitcoin and hold the most for the long period of time.
Find a variety of businesses and start ups to invest in or just buy land in a good place and wait for the value of that land to grow. Go to a developing country and build a small resort or some real estate or invest in green technology that is on trend, like electric cars for example.
That is quite dangerous. You need to understand the business. It is better just to buy the bitcoin and hold.
Try to put it on trading and buy some cheap coins and wait for the price to increase like 200% and sell you shares in that way you can double your bitcoin in a safer way than putting it on different HYIPs out there.
This is most logical and I really think this will give you the most chance. I think bitcoin will be able to hit 1.2k and thats double of the price now. So if you invest 100k it helps bitcoin grow as well and will double your money in a few years.
It is believed that when the SegWit is released to the main chain, the bitcoin price will at least double.
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BoardAltcoin Discussion
Re: ETC is Ethereum Core; 'ETH' is just a hardfork testnet for the real blockchain.
Day after day it becomes clearer who invested their life savings into ETC, the very same people that missed early ETH. And now they realise ETC is PnD, so they're getting desperate, day after day. And eventually after devcon they'll see ethereum at 20$ and that'll be the last drop and they'll know it, that'll be the day when they'll realise they'll die poor.
You might be right. But there is big dump of the ETC at the moment. It seems the Ethereum Foundation does not want to kill it now.