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Re: ▽▲CryptoGamesFX.com★REVOLUTIONARY TREND BETTING★Forex|Binary|Roulette|Baccarat
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What if somebody will make a huge dump and sell it all the way to earn some profits because of this rally in bitcoin,and someone sees it and do that same thing. Is there any effect on bitcoin when someone to this,?
That is called panic selling so the bitcoin is droping if that happen maybe bitcoin can drop the price and start again the price from the beginning of bitcoin. So its big effect in bitcoin if they are panic selling.But i think this could not happen because bitcoin is too much strong to drop the price unless theres a big desaster coming in all over the world.
Even if price falls in future then we can consider it as an buying opportunity and if everyone starts buying them then again it will take price higher in future, so I don't think there is anything to worry about.
The bitcoin price will only rise when more people use it. But the transaction confirmation is too long at the moment. It will deter adoption.
What if somebody will make a huge dump and sell it all the way to earn some profits because of this rally in bitcoin,and someone sees it and do that same thing. Is there any effect on bitcoin when someone to this,?
It would depend if those "somebody" holds a lot of Bitcoins. Just remember what the Bitfinex hack has caused us. We were slowly increasing and then it stopped and dropped really hard. Right now, we're still recovering from that. Its better not to get panic when price drops, we need to have faith in the ability of bitcoins, as it has fallen many times in the past but again we saw major rise in the price of bitcoin.
Panic time is actually a good time to buy the bitcoin. The bitcoin price will rise in the long term as it is developed continuously.
If the community does not like the proposal by the Vitalik and other developers, they do not have to adopt his proposal.
That is right. That is why the ETC still exists. However, if it does not have many supporters, it is just a pump and dump tool.
I noticed the ETC price has dropped more than 70% from the peak. That is even before the dump by big holders.
The ETC price has risen a bit in the last few days. But the price is still lower than the price a week ago.
In the past week, the price of ETC is more stable than the ETH. It seems it has some people to stablelise the price.
Both coins are trading within a small trading rate. They might be consoidating at the moment. before the next move.
i think like 5 bitcoins will be enough, as you should have like 500k$ then
what? of course it wouldnt be enough and in my opinion bitcoin is not going to be grown enough, i would need like 30 bitcoins at leastBut still its very difficult to calculate the price after 20 years as you cannot come to any accurate value, so without thinking of the price I think we should at least have 200 btc for retirement.
For me i think we should just earn while we can, 200 btc won't last until we disappear in this world if we have wealthy living or a big family. We must remember that after we retire, we won't be able to earn money anymore. We should just accumulate while we can because the more the better they say.
better to hold as much as possible, don't forcing your life to earning and holding bitcoin, health in retirement day is a important too, not always about money for make your life fun.
That is right. If you do not have to live on the existing bitcoin you own, it is better to hold that for the long term.
Re: [2016-09-14] One of Bitcoin's Biggest Miners is Launching a Second Pool
"A key focus for the software is on reducing "orphan rates", a metric that has a material impact on miner profitability.
In bitcoin mining, it's not uncommon for two separate miners to find the same block almost at the same time. This results in the creation of two blockchains, but only one can become the longest chain that is accepted as official by the network.
The blockchain that is eliminated is called an orphan, and each time one occurs, some member of the mining network misses out on the revenue that would come from official recognition.
According to analytics provider Blockchain, it's not uncommon for there to be three to five orphan blocks in any given week. Though this is only 0.5% of the total blocks produced every seven days, bitcoin mining has become a low margin business.
To combat this, one of the primary features associated with the pool is a "PoolWatcher" function.
As Bitmain explains it, this looks for signals that another pool has found a block. Rather than continuing to mine on a potential orphan, it will instead, immediately switch to that block.
Sharma explained that Bitmain is spinning up clusters of servers around the world to help with latency of new block discovery. If another miner finds a block, these clusters will transmit that data faster, allowing the pool to switch to the next block.
Though the software is open-source, only users of the BTC.com pool will have access to these server clusters, Sharma said"
In bitcoin mining, it's not uncommon for two separate miners to find the same block almost at the same time. This results in the creation of two blockchains, but only one can become the longest chain that is accepted as official by the network.
The blockchain that is eliminated is called an orphan, and each time one occurs, some member of the mining network misses out on the revenue that would come from official recognition.
According to analytics provider Blockchain, it's not uncommon for there to be three to five orphan blocks in any given week. Though this is only 0.5% of the total blocks produced every seven days, bitcoin mining has become a low margin business.
To combat this, one of the primary features associated with the pool is a "PoolWatcher" function.
As Bitmain explains it, this looks for signals that another pool has found a block. Rather than continuing to mine on a potential orphan, it will instead, immediately switch to that block.
Sharma explained that Bitmain is spinning up clusters of servers around the world to help with latency of new block discovery. If another miner finds a block, these clusters will transmit that data faster, allowing the pool to switch to the next block.
Though the software is open-source, only users of the BTC.com pool will have access to these server clusters, Sharma said"
The DAO didn't fail, it was hacked.
Quoted for hilarity.
Nice distinction without a difference you've made there.
I hope there is a DAO2.0. I'll invest in it in a heartbeat.
Also quoted for hilarity.
If Mindcrash didn't exist, we'd have to invent him. Nobody else so neatly encapsulates the blithering hubris of the ETH Bailout Fork mindset better than he does.
Minecache is so desperate that he will say anything to justify his denial and blindness. The DAO did fail because it was hacked. You know why it was hacked? The answer will give you more clarity. I suggest you read and reread everything that happened with the DAO hack. It was not secure. It was a failure waiting to happen the day it was released.
I hope you invest in the DAO 2.0 too.
I also hope the slock.it team is the one developing it again. Good luck bagholding that because you will be the only investor. If the DAO 2.0 is secure, I will invest in it. But I will just invest in a smaller amount. After it is proved safe, I might invest more.
Personally, I think DAO is a joke, from a certain point of view, it personally split the ETH, the emergence of ETH and ETC
That was not intended as a joke. It was a good experiment. But it failed due to a bug in the software implementation.
Yes. If the price rises too fast like it did in 2013, the price will also drop very fast and have 3 years of price drop.
That is the reason why I do not like big pump and dump. Slow but steady bitcoin price rise is preferred.
In the future, when the bitcoin becomes more mature and price is higher, it is going to be more stable.
Apart from the Bitfinex hack caused price dump, the bitcoin price has been quite stable in the last two months.
I think the current price is quite good to buy. The bitcoin price will rise soon after people forget about the hack.
As long as there is no problem associated with the bitcoin itself, more and more business will use the bitcoin.
There might not be true. Other coins are developing fast, for example, the Ethereum can do smart contract and trasnaciton is very fast. If the bitcoin does not catch up, it will not be used.
That is my concern as well. For the time being, I have some investment in digital coin, mostly in Bitcoin. I might have to divest.
It is quite strange the Ethereum price is very stable at the moment. According to certain prediction, it should be $0.1 now.
This surprised me too, but in fact, all ETH holders are also ETC holders and this is "free money" they can use to buy more ETH, and as such, generate demand for it, and sustain its price.
The total market cap of ETC being of the order of $150 000 000, and the daily volume of ETH trading being of the order of $ 8 000 000, even in the assumption that all of the ETC is slowly dumped in order to buy ETH, this means that the current price and volume could be sustained for 20 more days just by dumping ETC and nothing else.
I know this explanation doesn't fit with the earlier, much higher trading volumes of ETC and ETH, but there have been a lot of back-and-forth movements to exploit the volatility swings between both coins.
Also the price volatility of the ETC and ETH is lower than before. So it seems both coins are quite accepted now.
expectation about price bitcoin after halving over value
is much people buy much bitcoin before halving
before halving bitcoin price is high value so after halving you can see price bitcoin not up go the moon
is much people buy much bitcoin before halving
before halving bitcoin price is high value so after halving you can see price bitcoin not up go the moon
No it isn't. There's no instant result for whatever normal bitcoin event.
It will just become instant if we can see whales movement. Bitcoin halving effect if goes in a normal way, will takes time to see the effect.
many people says that the effect of the halving will be after a few months more. as of now, the value of bitcoin is decreasing but i know that it will recover soon and will increase its value again
People first told that halving effect will be on the halving and we didn't find any great movements on halving in term of price. now people are expecting the price of bitcoins to rise at the end of this year. Lets see if this time bitcoins lives upto the expectations.
well, everybody is wishing the same thing bro : we all hope that whatever changes there will be about bitcoin at the end of this year will be profitable for the majority
It is possible for the bitcoin to be higher later this year. The price could even be $800 in December. But it requires more developments.
At this point we need something that sparks the demand. It's difficult to name something that can do this, but even with the lower block rewards there seems to be a constant selling pressure hovering over the market. If this continues, then even $800 might not be achievable.
The only exciting news I can think of is the increase of the block to 2MB or even higher value. But it seems it is out of the agenda at the moment.
expectation about price bitcoin after halving over value
is much people buy much bitcoin before halving
before halving bitcoin price is high value so after halving you can see price bitcoin not up go the moon
is much people buy much bitcoin before halving
before halving bitcoin price is high value so after halving you can see price bitcoin not up go the moon
No it isn't. There's no instant result for whatever normal bitcoin event.
It will just become instant if we can see whales movement. Bitcoin halving effect if goes in a normal way, will takes time to see the effect.
many people says that the effect of the halving will be after a few months more. as of now, the value of bitcoin is decreasing but i know that it will recover soon and will increase its value again
People first told that halving effect will be on the halving and we didn't find any great movements on halving in term of price. now people are expecting the price of bitcoins to rise at the end of this year. Lets see if this time bitcoins lives upto the expectations.
well, everybody is wishing the same thing bro : we all hope that whatever changes there will be about bitcoin at the end of this year will be profitable for the majority
It is possible for the bitcoin to be higher later this year. The price could even be $800 in December. But it requires more developments.
It's a good idea not to take a risk and just hold your bitcoins, becuase you will never lose your money if you are attentive enough, i believe on you
That is right. That is the reason I do not invest bitcoin in other methods to earn more bitcoin. I think it is safer to keep the bitcoin to myself.
I would estimate 10-20 BTC
Seems very low to me. Not sure from which country you are from but I would assume you need at least 1-2btc a month at current prices to cover all living expenses, pay taxes, enjoy leisure, etc. You would need these 10-20 per year just to live.
Of course the bitcoin price will rise and you will need less coins,but the living expenses are rising alsim
It depends on the bitcoin price. I reckon the bitcoin price will double every two years, so that price will be $500,000 each then.
I don't think that is possible, we don't know whether bitcoin will exist that long or not and even if it survives its very difficult to touch that price.
Even on $4000 seems unrealistic and its hard for bitcoin to reach that price soon. How much more in $500k then its very very imposible to happen. As other said we wouldnt even know if bitcoin would last to for so long that it could rich some moon amount.
I used to think the bitcoin price will double every year for the next 20 years, but with the current slow development, it seems very unlikely.
What if somebody will make a huge dump and sell it all the way to earn some profits because of this rally in bitcoin,and someone sees it and do that same thing. Is there any effect on bitcoin when someone to this,?
Since the 1st August crash I can say that the price hasn;t changed too much since that time but I would not count this as a panic selling as when this happen the price goes only down as it was in 29 July - 1 August but it didn't stay too long there and the price is more stable now but needs to be increased soon.
The bitcoin price is actually dropping slowly after the Bitfinex restarted the trading. People are selling bitcoin to buy other coins.
I speculate that ETH will have to go down sooner or later. No one is interested to buy at these prices right now. Everyone is waiting for it to go down. So it is good to save your money and wait.
I know somebody is accumulating the ETH at the moment, otherwise, the price will be below $0.1 by now.
The ETH price is around $12 now. It has risen about 20% in the last few days. It means the big whales are not out yet.
It is quite strange the Ethereum price is very stable at the moment. According to certain prediction, it should be $0.1 now.
Ethereum still has very strong community support. If you look at the hashing rate, it is still increasing.
That is right. The hashing rate is increasing quite fast at the moment. If it rises another 50%, some high cost miners will not be profitable.
I think the newly increased hashing rate are based in countries with cheap electricity. They might be from China.
Yes. If the price rises too fast like it did in 2013, the price will also drop very fast and have 3 years of price drop.
That is the reason why I do not like big pump and dump. Slow but steady bitcoin price rise is preferred.
In the future, when the bitcoin becomes more mature and price is higher, it is going to be more stable.
Apart from the Bitfinex hack caused price dump, the bitcoin price has been quite stable in the last two months.
I think the current price is quite good to buy. The bitcoin price will rise soon after people forget about the hack.
As long as there is no problem associated with the bitcoin itself, more and more business will use the bitcoin.
Bitcoin is recovering from bitfinex issue, and those should end on this month, and the current price for sure is the whales forcing it to keep lower soo they can make easy income. Bitcoin will and must readjust its value till end the year.
That could be right. I think the price is kept low so that the whales can accumulate more bitcoin at present.
expectation about price bitcoin after halving over value
is much people buy much bitcoin before halving
before halving bitcoin price is high value so after halving you can see price bitcoin not up go the moon
yes indeed everyone bitcoin predict the price will be very high after halving. but all that does not happen, even decline continuously. however, now bitcoin prices start to rise again. we hope that this is the right moment to make bitcoin prices higher.is much people buy much bitcoin before halving
before halving bitcoin price is high value so after halving you can see price bitcoin not up go the moon
Yes, though no one had with the bitfinex hack would happen next of halving.
bitfinex had been hacked? and it really happened after the halving? maybe that's just their alibi for being a scammer. the same with hashocean, the only difference is that hashocean was hacked before the halving and bitfinex and after the halving.
hashocean was from the very beginning seen as a potential scam, and it turned out they are indeed a scam. they used the block halving as poor excuse to stop their services and run away with the coins from people. bitfinex hack is not related to the block halving. it could have also happened after a year from now if it really was a hack.
thank you for that bro. i only said that because i really don't know a thing about bitfinex. and I only assumed that bitfinex being a scam is the same with hashocean. i apologize for that if I'm wrong
no worries. and if turns out that bitfinex owners are the thieves here (assuming they are not hacked), then it may very well be seen as a scam. even worse, same owners are still operating the exchange if it relaunches.
I feel the same for those who invested in bitfinex
I was also scammed before when I'm just a newbie on the bitcoin world. But I learned my mistakes now and I'm avoiding investing into hyip and mining sites. I'm now into trading 
I hope for those who invested from bitfinex to recover soon.I have been scammed by vircurex, Mintpal, Cryptorush before. I lost about 0.5 bitcoin in the three exchanges.
sad to hear that bro but i really feel you
we should learn from our mistajes and stop investing on HYIP, Ponzi scheme and mining sites. my advice for you is try trading or invest on the house roll of gambling sites I do not invest on HYIP or Ponzi schemes. I just trade on those exchanges and they all collapsed in the past.