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Showing 8 of 8 results by xrates
Post
Topic
Board Altcoin Discussion
Re: MICROSOFT GOES ETHEREUM
by
xrates
on 18/08/2017, 13:37:55 UTC
Many open source projects eventually were bought buy big corporations, maybe similar destiny awaits crypto projects as well
Post
Topic
Board Politics & Society
Re: Why Google Is the New Evil Empire
by
xrates
on 18/08/2017, 13:17:03 UTC
Every big company was called evil empire - now it is Google, before that it was Microsoft.

There is anti monopoly legislation to take care of the monopolists.
Post
Topic
Board Politics & Society
Re: Will bitcoin ever truly be able to integrate with society
by
xrates
on 18/08/2017, 13:06:03 UTC
Bitcoin is a fairly new thing, it evolves, we don't what it will become in 5-10 years. It may even become centralized at some point.
Post
Topic
Board Politics & Society
Re: Russia can lose the Mundial 2018
by
xrates
on 18/08/2017, 12:47:39 UTC
Highly unlikely. If this was true there would be a lot of noise about this in the news.
Post
Topic
Board Speculation (Altcoins)
Re: I have 500,000$ to invest
by
xrates
on 18/08/2017, 09:02:42 UTC
if you have this money you probably already know this - diversification is the key
Post
Topic
Board Bitcoin Discussion
Re: Corrupt Central Banks and Governments just gonna sit back and watch Bitcoin win?
by
xrates
on 18/08/2017, 08:31:54 UTC
Many countries already started to create their own crypto currencies. Many central banks are thinking about it. They surely won't sit and watch.
Post
Topic
Board Bitcoin Discussion
Re: What major factors affect bitcoin price?
by
xrates
on 17/08/2017, 21:19:11 UTC
You forgot about the fact that mining difficulty increases over time and this results in the need to get bigger mining rigs and hardware and makes it harder to acquire Bitcoin in general which leads to the price increases like we are seeing today.

i don't think that increase in cost mining bitcoins is proportionate to increase of bitcoins price.

what really amazes me is the recent volatility of bitcoin, the price is changing plus/minus hundred of dollars within single day.

I think bitcoin market is not that huge (yet), can there be some "shadow market makers" manipulating the price and making huge profits from this crazy volatility?
Post
Topic
Board Bitcoin Discussion
What major factors affect bitcoin price?
by
xrates
on 17/08/2017, 20:36:55 UTC
I am a total newbie to this forum and don't know very much about crypto currencies.

What are major factors affecting bitcoin (or any other crypto currency) price? Is this mostly supply and demand, do other factors (difficulty of mining, hash rate, etc) play significant role in bitcoins price?