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Showing 20 of 472 results by eminemcookie
On who's behalf is he working or is he an evangelist? Problem is that most lawyers will just work for whoever pays the most money and if you know you and your competitor have been up to no good, an easy way to rid the competition and divert attention away from yourself is to push a skilled lawyer against them.
You could be right, but after clearing out those people the market would inevitably take time to recover. Even the most ardent of believers will have their doubts at times and their confidence will have taken a knock with all of the price dips. I know that I am personally less bullish than this time 1 year ago. At that point I was aware a price dip was coming but not when, but I did think the price action was a sign of long-term bullishness. I am still bullish now but a year with little good news takes its toll.
Re: More than USD 1.5 bln has been stolen from exchanges. Here’s a recap
I wonder how many btc total have been hacked? That would also be interesting. the slightly less than 500m mt. gox is still by far the most significant because it was so many more btc than the biggest dollar amount hack that was in early 2018.
I've always been watching bitcoin since mid-2013 up to now, and the market/bubble is painfully toxic. I'm not a big investor or economist, and I probably still only have superficial knowledge on how the entire blockchain systems work.
I just patiently watch the graph, and keep telling myself not to invest because everyone tells me it's a giant bubble that will someday pop. Recently, I started to run a few side businesses dealing in Bitcoin as payment methods, but I've never stored it long term and always converted it to cash.
I remember back in 2014 when I first thought of investing in Bitcoin as a long-term investment, and obviously was pressured out of it because everyone kept thinking it was a bubble that was about to burst. I'm starting to think about it again now that Bitcoin is starting to crash - and generally speaking in the past it's done quite well after crashes, recovering and increasing every once in a while.
What do you guys think? Is it worth it to give it a try? This would be my second crypto investment, and I'd be throwing in $5-10,000 at most. Any ideas?
I just patiently watch the graph, and keep telling myself not to invest because everyone tells me it's a giant bubble that will someday pop. Recently, I started to run a few side businesses dealing in Bitcoin as payment methods, but I've never stored it long term and always converted it to cash.
I remember back in 2014 when I first thought of investing in Bitcoin as a long-term investment, and obviously was pressured out of it because everyone kept thinking it was a bubble that was about to burst. I'm starting to think about it again now that Bitcoin is starting to crash - and generally speaking in the past it's done quite well after crashes, recovering and increasing every once in a while.
What do you guys think? Is it worth it to give it a try? This would be my second crypto investment, and I'd be throwing in $5-10,000 at most. Any ideas?
I'm not going to answer from the point of view of my opinions because I don't think that's a worthy response. I think what you should consider is what's changed for yourself to now make you consider it's not a bubble? It sounds like the only thing that's changed is that the price has gone down, well it could go down further and if you don't believe in your investment you'll panic and sell at a loss.
high volatility and no real control over cryptocurrency, the bullish trend that occurred in 2017 brought the cryptocurrency market to a level that should not have been achieved last year, too soon for the market to skyrocket. Therefore, some analysts claim that, what we are feeling now (the market crashes), is only the market's attempt to repair itself and bring the crypto back to its proper place.
Any analyst who says different is clearly clueless. There can be a lot of debate about the potential of crypto, but not much about where it is currently. It's not big enough yet to be a trillion dollar market which it nearly was at the end of the bull run.
Re: root cause of the plunge is that 90% of people can't get out of this strange law
I especially agreed with the section on the reason behind the price of ETH increasing and falling. But I think it goes even further than that. Don't forget that a lot of ICOs accepted other big crypto's like BTC or XRP. The ICO bubble (I think there was one) was responsible for large amounts of supply being bought up in these currencies. It will have pushed their prices up and also had a knock-on to the rest of the market given that the price of other coins normally follows those. It all fed back in to itself and lead to increased ICO success and a rapid rise in prices, eventually something had to give.
This is very long bearish market, in 1 year the price of Bitcoin and others crypto did not going up to the highest level again. Can be the situation of crypto market right now just like in 2014-2015 , that mean for beginning of this year the market will side away and in the end of this year will touch again to the top price.
If following a similar pattern to 2014/15 it will take longer to reach the previous ATH. It was approaching 3 years before there was a new ATH. Based on that we won't hit 20k again until the end of 2020 or beginning of 2021. Of course history is not always followed exactly but if you overlay the price movement from that period to now there are a lot of similarities.
Re: ▄▀▄▀▄▀▄ [BOUNTY] ★ GIGZI ★ Independent Wealth Management ★ 10,000 ETH ▄▀▄▀▄▀▄
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Bitcointalk username:eminemcookie
Week Number : < 11 >
How many posts have you done this week : 13
Did you had Gigzi Avatar whole week : < Yes >
D-day is tomorrow. I bet you that Tron won't hit that price. Even with the biggest news possible it wouldn't have such a big price jump. It's pretty much unheard of for a coin to do 40x of its value in such a short time. Sorry, I meant to say - a non shit coin with a marketcap of next to nothing.
10,000% is a 100x increase. There aren't going to be many if any projects making such huge gains. We won't have a big bull run like 2017 and most of the best projects are already well invested in so don't have as much room to grow. When most of the market is already speculative you're going to struggle for great returns because everything is long priced in
I don't know about that ATM but coinradar shows 3 Lamassu ATMs in Boston and they all share one thing that ensures I wouldn't use them even if all exchanges are down.
This is no longer a business practice, it's showing your possible customers the middle finger.
LE:
I missed the suburb part
https://coinatmradar.com/bitcoin_atm/6347/bitcoin-atm-lamassu-acton-bagels-plus/
same fees...
Quote
Fees: Buy: 10%, Sell: 10% from Bitpay
This is no longer a business practice, it's showing your possible customers the middle finger.
LE:
I missed the suburb part
https://coinatmradar.com/bitcoin_atm/6347/bitcoin-atm-lamassu-acton-bagels-plus/
same fees...
Agreed. Although it is a start. There's not much in the way of demand at the moment so they can charge a premium. When there's more demand, there'll also be more supply and therefore competition and then we'll see prices/fees starting to come down close to the point of being reasonable. I have to think that a lot of these ATMs are a little shady right now and a way to try cash out in secret. I suppose for a lot of people it's cheaper than tax.
Re: Federal Reserve Blames Altcoins for Dragging Down the Bitcoin Price
⭐ Merited by LoyceV (1)
Consider the following thought experiment. A restaurant selling meals for $10 will happily accept payment in the form of one Hamilton bill ($10) or two Lincoln bills ($5). That is, the nominal exchange rate between Hamilton and Lincoln bills is 2:1. Now, suppose that the supply of Lincoln bills is increased but the supply of Hamilton bills remains the same. The exchange rate remains unaffected [ ] That is, the increase in the supply of Lincoln bills has led to a decline in the purchasing power of both Lincoln bills and Hamilton bills, even though the supply of Hamilton bills has remained fixed. Might an expansion in the supply of Altcoin have a similar depressing effect on the price of Bitcoin?
This is a bad analogy, because Bitcoin and alts are different currencies. If you look at market data, there's no precedents of Bitcoin dropping in price as the result of some altcoin crashing or an ICO attracting a huge amount of investment.
Bitcoin crashed because it was in a speculative bubble, people got euphoric and though that Bitcoin is going straight to $100,000, but it soon became clear that it was just another cycle, similar to those that happened years before. There's no need to come up with conspiracies or complex explanation when it's pretty clear what actually happened.
It's a terrible example because it assumes that the BTC/ALT price will remain static when history has clearly shown that not to be the case. It is also only assuming that the two things in consideration have one purpose only and that is as a currency.
For example, what about the people living in Europe, would they become immigrants since they won't have any legal paper to reside in the country? What about the companies, several banks are moving their offices outside The UK.
EU will treat all UK residents with respect. It is not their fault UK us leaving EU.
London was banking center of EU. There was also European agency for banking that was moved I believe to Paris. Many banks and other offices was in London simply because of this fact. Now that was moved is normal that they were also moved out.
They may wish to treat all UK residents with respect but they have to be mindful of their own residents and their rights. Spain is one of the most interesting countries. There are something like 1 million expats from the UK living in Spain (that's the official number, I suspect it's much more). Are they going to send them all back to the UK and flatten their own economy in the process?
Re: Recession effects on Crypto: How to plan your investment portfolio
Portfolio's should be diversified irrespective of market conditions, both within and outside of crypto. If we're going to see a recession then the logical thing is to move a large portion of funds towards a safe bet. Avoid real estate, most people think it is a sure thing and long-term it is but if there's another housing bubble you can end up waiting 10-20 years for your investment to bear fruit.
Re: During the bear market, learning and asking questions is of utmost importance
This is one of the best opportunities to learn. For the inexperienced there are little trading opportunities in this market and so it is wise to use the time to learn. In a bullish market there are infinite opportunities that you cannot spare the time to learn. If you had knowledge prior to those market conditions you could take advantage of the best opportunities.
Re: Should we change the chart about the inflation of BTC because the lost bitcoins?
No BTC are known to be lost, even those which people claim to be lost could still one day be accessed so they cannot be removed from the supply. Those BTC still exist so they must be considered. So no, the graph should not be changed.
Actually there are nearly 10% lost, by different calculations. By small wallets like private holders losing their private keys for reasons like failed HDD and no backup to big fishes on different crypto-exchanges.
I voted for: yes, but the value can't be determined. Also, this loss doesn't have any influence on the current spot price.
The fact you say 'nearly 10%' and 'by different calculations' is enough to illustrate my point. No one knows how many are lost or if they're really lost forever. As others have pointed out, HDDs can be recovered or maybe one day in the distant future somehow people will gain access to these lost wallets. Unless those coins were destroyed and no longer existed they should always be counted.
Re: Could this be the inverse hNs ? Back to 5K Reversal ?
I'm not expecting any positive movements anytime soon
Most of the post I read has hinted that people have settled that they will not see large price increases and that the price will fall below $ 3400 again, without good news it is very difficult to raise prices. this is a year equal to the year 2018
Unfortunately the performances of top coins are going down that's unbelievable. The market is facing another crap once again, as lot of speculations are negatives like it will reach to 3k.
It is unbelievable that 1 year ago we saw bitcoin have a price of more than $19,000, we saw ETH have a price of $1300, we saw Neo have a price of $160 and today all cryptos are at very low prices and may never recover again.
It is hardly unbelievable. It's clear that 2018 was a bubble and people got caught up in all of the hysteria and greatly overpaid. The prices of cryptos currently is not low when looking at a horizon of 18 months or more ago, they're very high when looking back 3 years ago. Shortterm mindedness is what means so many people lose money in these markets.
Re: Should we change the chart about the inflation of BTC because the lost bitcoins?
No BTC are known to be lost, even those which people claim to be lost could still one day be accessed so they cannot be removed from the supply. Those BTC still exist so they must be considered. So no, the graph should not be changed.
Re: Could this be the inverse hNs ? Back to 5K Reversal ?
Been stuck around 4k for 3+ days now, drop back to 3600-3700 coming in next day or two. The same pattern has been happening time and time again for the last few months.
Let's see as @exstasie have said, this isn't slam dunk yet for the bulls. You mean we are trading sideways? Good indication though, as it really go on either direction. Of course we wanted to go it upward and retest $4200-$5000 so it's going to be interesting to see how will it do this time. We have the same pattern around the $6000-$6500 which eventually go on a downward spiral because of the Bitcoin Cash drama, but this time we don't have any so it's going to be exciting to see the price movement in the next 48 hours and see a good rally above the $4000's.
Well the dip happened as I expected. I know that eventually this trend will change but I just see little in the way of bullishness in the market so we keep flip-flapping between support and resistance levels over the span of about 1 week. We had no drama for 2-3 months at 6k and no real movement. Who knows if the news that stimulates the next big move will be positive or negative.