- Oct 24, 2010
- 94,463
- 33,525
:x
- Dec 8, 2006
- 51,456
- 42,174
What's the best way to mine this stuff?
- Nov 18, 2016
- 3,232
- 7,749
mining now isn't worth it unless you can drop around 25k and get a mining farm going. You can google it if you want, but the consensus is to just buy the dips or buy/trade and get paid in bitcoin. Here is US, electricity is high and you'll end up making pennies on the dollar
- May 4, 2011
- 8,443
- 2,143
Ath [emoji]128064[/emoji]
- Nov 18, 2016
- 3,232
- 7,749
Great day for BITCOIN!!! New All Time High....and like i mentioned before.....bitcoin's tide will raise all ALT coins. MARKET looks amazing today
- May 4, 2011
- 8,443
- 2,143
Do you know why it rose so high today? Just curious
- Oct 24, 2010
- 94,463
- 33,525
Great day for BITCOIN!!! New All Time High....and like i mentioned before.....bitcoin's tide will raise all ALT coins. MARKET looks amazing today
Is ETH worth copping
- Aug 7, 2012
- 2,731
- 2,257
This rally is expected to continue, I predict the price will at least double this year.
- Nov 25, 2007
- 4,257
- 659
Tempted to sell now....sounds like Etf wont get approved which will lead to a price drop in the immediate short term and thats when I will really stock up. You guys agree?
- Nov 18, 2016
- 3,232
- 7,749
ETH is definitely worth buying. In fact, their technology is probably better than BITCOIN right now. It's just not adopted since BITCOIN was first into the scene by lilke 4yrs. But trust me when I say this.....ETH will definitely be worth more than its current price now of $13 dollars.Is ETH worth copping
- Nov 18, 2016
- 3,232
- 7,749
ETF or not, BITCOIN will be on leader of the pack. Yes, most likely if ETF does not get approved it'll shake out the "weak hands" but that needs to be done for it to climb higher and higher. Get people who believe in blockchain technology. Next Industrial/Tech Revolution is coming bros...don't be left behind.
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- May 4, 2011
- 8,443
- 2,143
Etf approval/disapproval is scheduled to be announced on March 11 correct?
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- May 20, 2006
- 6,025
- 9,976
Seems like the "demand" is for nothing other than a speculative investment vehicle. What actual demand is there for btc?
- Nov 18, 2016
- 3,232
- 7,749
The "Demand" is many things.
- many countries fiat is going downhill and they need a safe haven for their $$$. 2 options: GOLD or BITCOIN
- the theory of supply vs demand. people are starting to catch on that only 22mil bitcoin will be in circulation EVER. you do the math
- being able to buy/sell/pay someone instantly around the world without dumb bank, wire, paypal fees
- companies starting to catch on: dell, newegg, overstock, expedia all currently take bitcoin...what will happen when AMAZON or some other company starts accepting?
- its the future. digital everything. don't be blind. its coming. you're either riding or dieing with fiat (us dollar).
*** Just think, if you just invested a small amount from my initial post on this thread (1 month ago), you'd already be at 70% ROI. If you put that same money in a bank...that is .002 cents. DO YOU. Good luck NT'ers.
- Nov 6, 2012
- 4,758
- 1,409
Going to look into investing in Bit Coin in a few months.
- May 20, 2006
- 6,025
- 9,976
I realize there is a use for it as a currency, but a demand for a cyrptocurrency that is barely accepted anywhere doesnt justify the price runup it's had. At the end of the day, unless central banks adopt it, its going to be priced in fiat and has no real use as an independent currency. Its an investment vehicle that has no real value or use. Its a purely speculative and looks like every single bubble I've ever seen. There are literally hundreds of investments you could have made that would have returned 70% since the beggining of the year. The demand for its use doesnt justify its monetary value and ot has no intrinsic worth is all im trying to say. Its nothing more than speculative investment, which is fine, but you should have an exit strategy instead of assuming its going to the moon.
- Nov 18, 2016
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word. i totally hear ya, but if you have the right tools it the power is in your hands. tools such as shapeshift.io which you can "shift" your bitcoin on the fly to other cryptos that you feel are more stable that day/week/month. Coinbase.com where u can change ur bitcoin to fiat and wire it next day to your bank account. The exit strategies are there.
as for the value of bitcoin...like i mentioned in previous post, you can argue supply vs demand. it has value if i can buy goods with it (overstock, dell, expedia, newegg). What is the intrinsic value of paper money? If the world ended, you think paper money will be worth more than herbs, spices, foods?
**Also in the near future...Ethereum (which is another crypto currency) offers smart contract which can be backed by GOLD. Check out DGD:
https://news.bitcoin.com/digix-gold-ethereum-smart-contracts/
https://www.digix.io/
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- Nov 18, 2016
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so if anyone cares....bitcoin is at $1200 currently:
- Nov 18, 2016
- 3,232
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ETHEREUM [ETH] breaking out!!
- Aug 7, 2012
- 2,731
- 2,257
Have been heavy into BTC, but haven't gotten into ETH at all. I'm skeptical due to the fact it can be created indefinitely unlike Bitcoin. It seems that it's main use so far has been to exchange to BTC and vice versa.
Care to drop more knowledge?
- Nov 18, 2016
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ETH can do smart contracts on the blockchain which has its own lane vs bitcoin. Bitcoin main purpose is digital money...where as ETH has the tech to possibly do bigger things. Store certificates, licenses, real estate, etc on the blockchain using smart contracts. There is a reason why big business such as Cisco, Microsoft, Consensys, Santander Bank, etc are all intrigued with ETHEREUM. As we speak there is a meeting tomorrrow with BIG companies talking about Enterprise Ethereum:
This is per New York TIMES:
https://www.nytimes.com/2017/02/27/...-alliance-business-banking-security.html?_r=0
- Aug 7, 2012
- 2,731
- 2,257
I understand that, but why does that make it an investment vehicle? If I'm not mistaken more can always be created to use for these contracts.
- Nov 18, 2016
- 3,232
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because ETH is the "gas" that will be used as fees for their blockchain/network
sneakaprince
Supporter
- Apr 29, 2007
- 16,629
- 20,485
My ETH shot up earlier today. I see it's on a down swing now but it was looking good while it lasted.
- Nov 18, 2016
- 3,232
- 7,749
@AmericanGenius
When proof of stake comes in... inflation is going to be reduce to as low as under 1% per year. As more users fuel in Ethereum's Platform by paying Gas... some percentage of those GAS, which is paid using Ethers are going to be burned. Thus ether's total supply could get lesser. U can watch Vitalik Video here (please be aware that this theories is still under consideration, not final yet)
When proof of stake comes in... inflation is going to be reduce to as low as under 1% per year. As more users fuel in Ethereum's Platform by paying Gas... some percentage of those GAS, which is paid using Ethers are going to be burned. Thus ether's total supply could get lesser. U can watch Vitalik Video here (please be aware that this theories is still under consideration, not final yet)
