i disagree because you are generalizing it to ALL.

what we have right now is
- a little price recovery in bitcoin which brought it back up to $4k level. and that meant a recovery in altcoins that got dumped hard.
- recovery does not mean a pump is coming. a recovery is just a recovery!
- ICOs are still dead and abandoned for the most part and majority of them will continue dying until they completely disappear. investing in them is not wise.
- finally the pumps will only occur in short time and for a selected few coins at a time not all of them and you need to be aware of the process to dump fast.

Monero is a very strong coin, but the General situation of the market does not fully understand the potential of this project. We wait and hope for the best.

Guys,

This has been stuck in my head for some time and I thought it's about time to write it down and get some input/feedback.

So what are two major problems in crypto?

1. With some banks it's illegal to buy crypto with your bank account and bank accounts have been closed in the past for this reason. This is stopping some people of buying bitcoins or go through localbitcoins.

2. People that want to pay invoices/bills (like electricity bill => miners etc), have the issue of converting crypto into fiat and withdraw it to their bank accounts (or maybe they don't even own a bank account anymore). Withdrawing money from an exchange also means clear exposure to the banks, so they could shut down your account as well as you are interacting with exchanges.

So what could be a solution?

Have a localbitcoins type of site where you can do the following:

Example
Mister X needs to pay his electricity bill with crypto. He posts the bill data to the site and the crypto he wants to pay with. Once someone wants to buy crypto they simply pay the bill for mister X and they get the crypto unlocked in the escrow.


This can be done with ETH smart contracts in a totally decentralised way, even with Aragon governance. There should be some kind of trust/rating system as well.

Just a very rough idea, but want to get this discussion going.

Holding is not very dangerous. Each investment carries some risk. It depends on what coins you keep. If you have good and promising coins, it's definitely worth holding. Before investing you need to do research to avoid buying shitcoins.

holding alts can be dangerous, this can be profitable or loss. look for a coins that has good potential in the future to holding rather than choosing a coins without potential. this can reduce the risk of loss

I feel like these numbers are too low, it will be $5000 minimum.

I can see XMR going past ETH in a year, but I'm not really too sure about XMR > BTC in 5 years. Remember back in the spring when ETH had the monster pump and it seemed like The Flippening was going to happen? Never did.

BTC for all of its flaws still has the network effect. And as we see in companies like Google, Facebook, and Twitter, having a network effect on your side means that you can dominate the landscape even if your product is subpar.

@Claymore, is support for Nvidia cards down the road? Or developing such compatibility is not planned?

Seg witness is a done deal for ltc.

http://www.coindesk.com/litecoin-miners-back-plan-support-segwit-blockchain-upgrade/

Thanks -i 3 worked. now get 290 h/s on GPU 0,1.  try before -i 4 or 5 having problems

yes from the very beginning of 2017 the price of bitcoin is increasing, therefore we can expect that the price of bitcoin will cross 2000 USD level very soon and that is the reason that 2017 will be the golden year of 2017.

I'm always very cautious when it comes to the price of Bitcoin, but that's probably because I view things very short-term rather than the long game.

The recent surge in BTC price left me constantly saying "it is gonna tank again", sure enough it did but only to recover as the trend continues.

Will be interesting to see where things go now and what effect (if any) it has on some of the more popular altcoins.

I had around 1 BTC or fractions less than that few months ago, Did invest in some altcoins and lost a big portion of it and had around 0.3 btc after the coin fell in price.

i think that it is such a person question but i will only tell you that i have made a good amount of money in bitcoin and i am satisfy with my income.

The price had a nice rebound from the low. Is $100 by Thanksgiving to early?

The bitcoin has a nice value this time and that is 600 dollar and we all love it to see the bitcoin back at the 600 but what we dont like to see is that the price of the bitcoin is already dropping.

The Bitfinex got hacked. If you store some bitcoin there, you will not get back for a very long period.