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Showing 20 of 289 results by Wicked Sick
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Topic
Board Bitcoin Discussion
Re: The Solution to Raise BTC's Value
by
Wicked Sick
on 04/12/2018, 14:38:25 UTC
Quote from: franky1 on December 03, 2018, 04:00:10 PM
Quote from: FunGate on December 03, 2018, 03:33:32 PM
The trigger for what happened to the market is still unclear.

Thoughts?

1. the 2017. was triggered by VC money that needed to buy btc to pay off some tranche(contracts) that succeeded in november2017
the price of 2017 should have not gone up so much, but speculation, hype and FOMO pushed it too high and that temporary bubble burst by spring 2018

2. some of then contracts had a 12 month lock. meaning november 2018 release to spend.. and so they did
(mid november to mid november was no coincidence)

3. asic manufacturers startd swapping out old redundant s9 asics in october and started using the spare space for quality testing(mining for profit) new next gen asics. but knowing the wider community cant get these next gen asics until end of dcember they they didnt want to shoot their own foot or cause controversy by pushing the hashrate up.. (they learned that lesson in october 2013). so instead they knew they could still win blocks, still profit while running less asics to keep hashrate down.

4. it has nothing to do with drama of altcoins. the altcoins are the lemming that got hold of old gear cheap so totally unrelated. alt coiners just took the drama they created as a way to glory hound themselves some fake news that they are influential. but reality is they are not. there is no arbitrage evidence they even affected the prices

Good insight, it's always good to learn from more experienced users, I knew about the contracts, but I didn't know about the miners, it's logical to think that they will hold out a little longer to bring the next generation to market.
Post
Topic
Board Speculation
Re: The best time to invest is now.
by
Wicked Sick
on 04/12/2018, 14:00:06 UTC
There is a reason why people are a little reluctant to take risks, because we usually like comfort, but that is something that has to be put aside when you invest here, the cryptos market is not for people who want to have their investment safe, it is for those of us who like risk and generate money in good amounts.
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Topic
Board Altcoin Discussion
Re: does ethereum end?
by
Wicked Sick
on 03/12/2018, 22:10:20 UTC
Ok, by this same logic we can see that is lower than in September, and what happened 2 months later? until what price came to ETH? many of us may be attracted to negativity, but remember that this is not the first time that the market has been so low and has always recovered with great changes ... until now...
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Topic
Board Bitcoin Discussion
Re: Why is there no marketing for BTC?
by
Wicked Sick
on 03/12/2018, 21:48:00 UTC
I think it is also a little complicated to do bitcoin marketing, since there are countries where they have a certain prohibition and that would complicate things a little when it comes to advertising openly, then the company that would be in charge of that has to think about that factor before launching the campaign.
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Topic
Board Speculation
Re: "Buy the dip" is only a strategy for losers
by
Wicked Sick
on 02/12/2018, 15:09:28 UTC
Yeah, I don't know why they say to buy the dip, if bitcoin all it's done is go down, like when 2 years ago it was at $100 and went under $50, and of course how to forget when last year it was at $2,000, it went up to $17,000 and now it's at $4,000, of course how to forget that bitcoin only goes down ... /s
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Topic
Board Bitcoin Discussion
Re: Bitcoin is a religion
by
Wicked Sick
on 02/12/2018, 15:04:17 UTC
I think it's more of a term they generally use for anything, they also use a lot of "i think", but I see you don't mention it, believing is something innate in humanity, but I can't deny that a lot of people see bitcoin as the second coming of Jesus Christ transformed into a digital currency...
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Topic
Board Bitcoin Discussion
Re: How do you promote Bitcoin?
by
Wicked Sick
on 01/12/2018, 21:43:42 UTC
I have a webshop, I sell clothes and products from different categories and brands, lately I have been creating bitcoin characters and different alts and I offer them at a good discount if they pay with that crypto, although it is becoming more difficult to change that money to fiat to pay suppliers, the project has gone quite well so far.
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Topic
Board Altcoin Discussion
Re: The survival of cryptocurrency
by
Wicked Sick
on 29/11/2018, 14:42:50 UTC
The cryptos still have a lot of potentials, they will definitely continue to exist a lot more time, the only thing that can really be a threat to the cryptos is that a better technology is developed, which will probably happen in the future, but for now, we can be sure that they will survive.
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Topic
Board Altcoin Discussion
Re: Too many ICOs
by
Wicked Sick
on 29/11/2018, 14:26:27 UTC
Yeah, that's a problem we have now, but since this is how the free market works, I think it will regularize itself, and in the end, only the really good coins will be the ones that survive or at least the ones that have a better marketing team, as is happening lately.
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Topic
Board Bitcoin Discussion
Re: Did you ever regret having gotten into Bitcoin?
by
Wicked Sick
on 28/11/2018, 18:42:00 UTC
Not at all, my only regret is not having been here earlier, despite the economic benefits, I would have loved to participate in the forums and talk to Satoshi himself about issues related to bitcoin, that is the only regret I have for now, of course, i can always feel a bit down when the market crash, but i have faith in this technology
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Topic
Board Bitcoin Discussion
Re: This is Why you Should Worry!
by
Wicked Sick
on 28/11/2018, 18:22:51 UTC
Of course, nothing can assure us that bitcoin will recover, but if we really believe in the technology and what we can create with the blockchain, we would have no doubt that sooner or later the price will improve, maybe not a rise as in previous years, but I think it will be enough to recover our investment.
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Topic
Board Altcoin Discussion
Re: Top blockchains to build dapps on??
by
Wicked Sick
on 27/11/2018, 21:33:09 UTC
I certainly believe that EOS, ETH and NEO are among the best, I have also been testing in waves for the low consumption of fees and has been quite well too, I heard that Venq and elastix are good too, but I have not tried them, there is too much to grab for the time being.
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Topic
Board Bitcoin Discussion
Re: Don't buy bitcoin because it won't be fine
by
Wicked Sick
on 27/11/2018, 21:18:58 UTC
Your definition of use is a little wrong, just like the theory of the value of things, usually the value that was given something was the cost of materials + the value of labor and added a percentage of profit at the end, but if you look at the economy is something organic in which buyers are the ones who dictate the price of things, such as what happened with bitcoin.
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Topic
Board Bitcoin Discussion
Re: Which will survive in long run Bitcoin or Blockchain???
by
Wicked Sick
on 26/11/2018, 22:04:23 UTC
I think that in the end blockchain is the one that will survive, bitcoin is simply the first coin that was used with this technology, at least in this way, but the blockchain can have different uses and the theory behind it can open the doors to many more technologies.
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Topic
Board Bitcoin Discussion
Re: Is it Game Over for Bitcoin?
by
Wicked Sick
on 26/11/2018, 21:47:31 UTC
Not at all, every year we see falls like this, it may be worth $1 but with the use that has bitcoin, that really would not matter, could even be better for the ecosystem, because it would stabilize the price and we could start talking about a real mass adoption.
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Topic
Board Bitcoin Discussion
Re: IF blockchain fails, what could replace it then?
by
Wicked Sick
on 25/11/2018, 17:52:20 UTC
Another technology will take its place, in case blockchain fails means that it was not as good as we thought, and did not call the interest of enough people, sure enough already in development we have some technology for transfers and development, which we have not yet heard, and is waiting for his opportunity to shine.
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Topic
Board Bitcoin Discussion
Re: Do we still believe in Bitcoin?
by
Wicked Sick
on 25/11/2018, 17:50:28 UTC
The fact that the market price has dropped does not mean that it is a bad coin, in fact, its use and benefits are still palpable, even now can be beneficial this decline if it finally becomes a stable currency and is given the original use, to make anonymous and secure transactions at low cost.
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Topic
Board Bitcoin Discussion
Re: Why is everyone so quiet?
by
Wicked Sick
on 24/11/2018, 16:58:20 UTC
I think that more than anything everyone is waiting for something, we are all on the edge of our seats waiting, many people believed that this December was going to be the bull run and probably are disappointed now, which does not make much sense because there were never signs that announced a rise this year.
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Topic
Board Bitcoin Discussion
Re: Will you cash out your bitcoins for Black Friday?
by
Wicked Sick
on 23/11/2018, 16:54:36 UTC
If I haven't changed it since the beginning of the year, I doubt very much that I will change it now, I will wait until December to see what happens with the market, if conditions are favorable, probably change a little at the end of the year to do Christmas shopping, and the rest I will seek to invest again or do hodl.
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Topic
Board Altcoin Discussion
Re: I may be wrong, thinking about the gov intervention
by
Wicked Sick
on 22/11/2018, 22:25:52 UTC
Undoubtedly, it is very likely that several governments have their hands in here, this is something very attractive and dangerous for them, I do not know if they really want the cryptos to fail or just want to control them, but I doubt very much that they are responsible for this dump, the most likely is that several whales were tired and the rest was the product of the FUD generated.