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Showing 20 of 31 results by independence
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Board Speculation (Altcoins)
Re: Cryptocurrencies are going down
by
independence
on 25/04/2018, 16:08:42 UTC
Now Bitcoin should fall to $ 7500. Smiley After the fall, there will be an increase to $ 8700. Smiley This is the most logical scenario. Grin The reason for the fall is the hacking of the popular ETH purse and the limited operations with the ERC-20 cryptocurrency on major exchanges. Sad
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Board Serious discussion
Re: Is Bitcoin Destroying the Planet?
by
independence
on 21/04/2018, 16:23:08 UTC
With the price of the Bitcoin rising, fears are mounting that the mining centers are consuming too much electricity (to the extent that some call it an environmental disaster).
Smari McCarthy of Iceland's Pirate Party says"We are spending tens or maybe hundreds of megawatts on producing something that has no tangible existence and no real use for humans outside the realm of financial speculation"[1]
Although the main use of Bitcoin is not speculation, [for example, in some countries, bitcoin used to request medicine and food from outside of the country because of local currency problems] however, the consumption of this amount of electricity is not justified.

If electricity consumption is the problem, why miners do not focus on renewables?[for example, In Iceland, electricity supplies from renewable sources are so abundant that they can be distributed free of charge][2].But if the use of bitcoin mining from renewable sources increases, does that threaten the future of energy? "We will not have enough energy for future generations"

Source:
#1 https://arstechnica.com/tech-policy/2018/02/in-iceland-bitcoin-mining-will-soon-use-more-energy-than-its-residents/
#2 https://www.ecowatch.com/iceland-worlds-largest-clean-energy-producer-per-capita-1882105880.html

Bitcoin consumes a lot of electricity today, but I think that any large bank consumes electricity many times more. In banks, a lot of buildings, computers, ATMs, servers and all this consumes electricity around the clock. If the crypto currencies in the future will be widely used, then many banks will close and the electricity deficit will end. Grin Bitcoin consumes a lot of electricity, but not so much to have the power to destroy the planet. In the future, it will not consume more electricity than now, as Bitcoin will never be used as a currency and we all understand it. The reason is that Bitcoin has a problem with the speed of transactions. I think that this problem will not be solved in the future. Bitcoin is a means of saving money, for example, like gold. Exaggerations that bitcoin consumes a lot of electricity comes only from those people who hate bitcoin. If we take all the computers of the world, we will understand that they consume too much electricity. Let's all throw out all our gadgets, stop using electricity, we'll cook at the stake, we'll dress skins, live in caves, so that there will be no electricity deficit. Grin It's all nonsense. If there is not enough electricity in the future, people will start using alternative sources of electricity, and if no one uses them today, it means that everyone has enough electricity.
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Topic
Board Speculation (Altcoins)
Re: Should I buy TRON or ETH?
by
independence
on 20/04/2018, 16:51:52 UTC
Now you can buy any cryptocurrency. Now the prices are still low. If you are a beginner, it is better to buy Bitcoin. When you gain experience, then you can buy something else. Bitcoin is the safest cryptocurrency.  Smiley
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Topic
Board Speculation (Altcoins)
Re: Can ETH price increase to 1k3$ again ?
by
independence
on 20/04/2018, 03:28:42 UTC
The price of the Ethereum was already $ 1500, so there is a good chance that we will see this price. Only no one will ever say when it will be.
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Topic
Board Speculation (Altcoins)
Re: Oyster PRL is launching mainnet in April. Possible 10x short term, EOY 100x
by
independence
on 19/04/2018, 16:57:19 UTC
Bitconnect could be a fraud, but at that time its price has grown well. And many have earned it. If PRL will also grow well, then I will be very happy. The main thing in speculation is to sell it in time. Grin
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Board Speculation (Altcoins)
Re: What are the best coins to buy right now?
by
independence
on 19/04/2018, 16:37:47 UTC
You can invest in any crypto currency from the top ten site of a coinmarketcap. This is the most reliable investment.
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Topic
Board Speculation (Altcoins)
Re: ICO or buy later on exchange ?
by
independence
on 19/04/2018, 11:31:59 UTC
In this matter it is necessary to understand. If ICO is fraudulent, then it can still grow well in the short term. There may be a good team and a prospective project, but the price on the exchange will be lower than at the ICO. Every project needs to be studied well. If this is well understood, then ICO will bring a good profit. Also much depends on the environment as a whole. For example, in the last 3 months, all the Cryptocurrency has fallen. Even prospective ICOs were unprofitable. Some of the ICO grew, but there were very few.
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Topic
Board Speculation (Altcoins)
Re: BTC vs Gold??
by
independence
on 12/04/2018, 15:51:08 UTC
Nowdays, BTC become so popular. Some people didn't expect that the price will be so high.
But, can BTC survive in the next 10 or 15 years. Because 'maybe'  crypto currency just a trade mark for today and will be changed with other 'currency' next year.
And the price of BTC will be drop extremely.
As we know golds like a parameter to measure the inflation.
Price of golds always following the economy global changes.
Imagine if you have $ 1M, Which one you want to choose?

I would put half of the money in gold, and half in Bitcoin. Gold is more stable. Bitcoin is growing more. Smiley
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Board Speculation (Altcoins)
Re: This is the Right time to get in!
by
independence
on 11/04/2018, 10:24:43 UTC
The prices are low, but no one can say for sure whether the Crypto currency will grow or fall. Perhaps 2017 will be known as Bitcoin's highest price and there will never be such prices. Perhaps we will cry in the future that we did not buy it for $ 21,000. Smiley
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Topic
Board Speculation (Altcoins)
Re: [XRP] Ripple Speculation
by
independence
on 09/04/2018, 17:04:36 UTC

I think its price is $ 1. He will certainly grow taller, but will return back to $ 1. Smiley
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Topic
Board Speculation
Re: Will Bitcoin reach $ 91,000 by 2020?
by
independence
on 08/04/2018, 16:16:32 UTC
Fundstrat founder and strategist Tom Lee recently announced that bitcoin prices would reach $ 91,000 by March 2020. What do you think about this prediction? Please comment on this issue?
It seems to me that Bitcoin this year will have such a price. Grin
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Topic
Board Speculation (Altcoins)
Re: how to distinguish the good ico, ico scam
by
independence
on 07/04/2018, 16:42:47 UTC
how to distinguish the good ico, ico scam

An easy way to learn a scam or not. If everything is perfect, then this is a skam. If everything is bad, then this is also a scam. Should not be perfect and not bad. The project should have errors that the team has realized and corrected. A team that listens to advice. A project that really lives. A living project can not be perfect. The project should not with 100% certainty say that they will achieve the goal on an exact day with an accuracy of a minute. I consider "road maps" with exact dates absurd. The exact "road map" can only be a project that copies the project from a competitor. If the project does, something new, then they can not know exactly whether they will ever get it done, and even if it does, then when it will turn out nobody can predict. Therefore, if the team says confidently that they will do what they never did, it will be a lie and such a project will be a scam. The team should be honest always, even if it does not taste good. Remember the words of Elon Musk. He said: "There were 1000 reasons that it will not fly, but the rocket still took off. I still can not believe that it is flying."  Grin If the team says that they will create on 6 September 2018 an artificial intellect, it's a lie. When and who will create an artificial intellect nobody knows. Stay away from such predictors of charlatans!!!
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Board Speculation (Altcoins)
Re: Altcoins Under $1
by
independence
on 06/04/2018, 16:35:56 UTC
If you buy a crypto currency for 1 cent this does not mean that it will only grow. It can easily cost less than 1 cents. Look at the CoinMarketCap. There are many crypto-currencies whose price is below 1 cents. We should not forget about the number of coins in circulation. If the coins are more than a billion, then the probability of growth is minimal. If there are several thousand, then growth is possible. Smiley
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Topic
Board Speculation (Altcoins)
Re: Convince me why ETH will reach back to $800-$1000 this year
by
independence
on 04/04/2018, 07:08:46 UTC
Once $ 300 it was fantastic. And now $ 300 is tragic. The growth of the Ethereum last year was due to the boom of the ICO. This year, there will be no such a boom, so I also do not understand what the price may rise from. Updating the Ethereum will give a small increase, maybe $ 1000, if before that its price does not go down even lower.

You think that this bear market will last the entire year? Personally, I think the price will go back up to $1,000 and then some. Can't go down forever really. Unless something really bad happens. But, I don't see this happening anytime soon.. This is just how the market works. Just remember, Bitcoin was $220 just a couple years ago. Then, it jumped up to $1,000 and then almost hit $20k. So anything can happen really.

I believe in the Ethereum and hope that it will grow. Smiley Today I own several coins.) Honestly, I did not expect it to be below $ 600, but it happened, so it is possible that it will go down even lower.  Sad
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Board Meta
Re: [April fools] New new rank requirements
by
independence
on 02/04/2018, 13:26:54 UTC
Good joke. Honestly I got caught, because I almost believed it. This joke made us be a little polite.)))
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Topic
Board Speculation (Altcoins)
Re: Convince me why ETH will reach back to $800-$1000 this year
by
independence
on 02/04/2018, 08:43:43 UTC
Once $ 300 it was fantastic. And now $ 300 is tragic. The growth of the Ethereum last year was due to the boom of the ICO. This year, there will be no such a boom, so I also do not understand what the price may rise from. Updating the Ethereum will give a small increase, maybe $ 1000, if before that its price does not go down even lower.
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Topic
Board Meta
Re: New new rank requirements
by
independence
on 01/04/2018, 15:33:51 UTC
In addition to the imagination, you need to add humor. Funny messages are more interesting to read. Who will write funny messages, +1 will be added to humor.)
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Topic
Board Meta
Re: New new rank requirements
by
independence
on 01/04/2018, 13:54:59 UTC
An interesting and incomprehensible system of ranks with game flies.)) What the cultural words added is very good sir.)))
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Topic
Board Trading Discussion
Re: how to start trading with a very small amount
by
independence
on 01/04/2018, 10:26:22 UTC
It is necessary to begin with small, with a small amount, then gradually increase it. Choose a crypto currency and study it well. Follow all the news of the Crypt. Pay attention to Bitcoin's news, even if you did not buy it. Since Bitcoin affects all crypto-currencies. Continually study new information about crypto-currencies. Study, study and study again.
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Topic
Board Speculation
Re: Ten years later
by
independence
on 29/03/2018, 10:19:38 UTC
The value affects the price, and I'm going to analyze the value of the decade.

To understand the value of bitcoin, we start with the basic value of money, which is also money.

Money is the most common and effective mutual trust system ever. In any form of currency, its value is essentially: "does anyone believe" why the dollar is the most valuable? Because the world believes in it.

The popularity of bitcoin has grown rapidly in recent years with the development of the Internet. I predict that the price of bitcoins in 10 years should be more than half a million dollars.

Everything is possible. If you believe the words of McCafe, Bitcoin will cost 1 million by 2020.)) Then in ten years it will be much higher price. Grin