Ethereum is also deflationary. For a while expansion will happen, but that will slows as more are made.
What makes bitcoin a good store of value though? Bonds are a good store of value because they're safe and lack volatility. Put your entire retirement and savings in bonds and you feel safe that value isn't gonna be lost. The Mt. Gox hack should have everyone terrified.
So far, crypto is good for speculative trading, which is also the only thing giving it value. There's a reason this is compared to a Ponzi scheme.
What makes bitcoin a good store of value though? Bonds are a good store of value because they're safe and lack volatility. Put your entire retirement and savings in bonds and you feel safe that value isn't gonna be lost. The Mt. Gox hack should have everyone terrified.
So far, crypto is good for speculative trading, which is also the only thing giving it value. There's a reason this is compared to a Ponzi scheme.
By Fenderputty Go To PostEthereum is also deflationary. For a while expansion will happen, but that will slows as more are made.From what I understand there will be a difficulty spike in mining Ether this year resulting in a slowing in the growth of coins, but this will trigger a switch to a different system with a fixed rate of inflation that is yet to be determined.
What makes bitcoin a good store of value though? Bonds are a good store of value because they're safe and lack volatility. Put your entire retirement and savings in bonds and you feel safe that value isn't gonna be lost. The Mt. Gox hack should have everyone terrified.
So far, crypto is good for speculative trading, which is also the only thing giving it value. There's a reason this is compared to a Ponzi scheme.
I don't think bitcoin is a good store of value inherently, just communicating that others think the lack of inflation and the belief in it are enough. The Mt. Gox situation has taught people not to trust exchanges with their crypto and justified me not putting money into a site originally designed for trading cards lol.
A lot of these coins are ponzi schemes with little to no purpose but to manipulate prices and make money. Seems like all people need right now to throw money at a new crypto is a catchy name and a flashy website, nevermind that its probably just a copy and paste of something else.
I didn't mean to suggest you think it's a good store of value. I just have no clue why anyone would think that. The whole thing is pretty puzzling to me.
Also I hasn't read about a fixed rate of inflation. That would be cool,
Also I hasn't read about a fixed rate of inflation. That would be cool,
I don't consider crypto to be zero sum, so seeing the rise of bitcoin even at these prices is prettyincredibly encouraging, particularly regarding ETH
jfc @ bitcoin right now though
jfc @ bitcoin right now though
great time to diversify the portfolio before the inevitable surge down the road however--let it crash even more so I can get better value
By giririsss Go To PostRipple's an interestnig one.
for sure, and only 20 cents right now
By Dark PhaZe Go To Postfor sure, and only 20 cents right nowLet me be clear. I don't think i'ts going to be worth anything at all.
But the guys who made it did it for interesting reasons.
The week turned into a month, there's just far too much interest right now to stop bitcoin going up, going in again. Maybe a bit of stupid time to by again but fuck what else is going to give almost 100% return in 30 days with minimum barriers to entry.
yep
ethereum popped and is right back up to max highs again, bit coins taking a little longer to get there but it will, ripple "not going to be worth anything" would have returned +43% of your investment in the last 7 days alone
ethereum popped and is right back up to max highs again, bit coins taking a little longer to get there but it will, ripple "not going to be worth anything" would have returned +43% of your investment in the last 7 days alone
that feeling when your investment is exploding but you don't have the capital to put more than you wish you did into it -_-
my investment wasn't small but fuck, wish put the whole savings on ethereum at this point
my investment wasn't small but fuck, wish put the whole savings on ethereum at this point
By Dark PhaZe Go To Postthat feeling when your investment is exploding but you don't have the capital to put more than you wish you did into it -_-Its okay phaze, i'm with you :'(
my investment wasn't small but fuck, wish put the whole savings on ethereum at this point
and I was so confident this was going to happen with ethereum but I had to do the responsible thing. I only put like 5% of my savings in even though I have enough of a support structure to put in much more.
Makes me want to play shitcoin roulette with the other alts...nah
honestly
need to just put even more into ETH
i know its annoying given the prices we got in at, but the current price is probably going to look enviable this fall
need to just put even more into ETH
i know its annoying given the prices we got in at, but the current price is probably going to look enviable this fall
By Dark PhaZe Go To PosthonestlyEth is weird to predict. I assume you know about the shares and the looming changes?
need to just put even more into ETH
i know its annoying given the prices we got in at, but the current price is probably going to look enviable this fall
Think it will probably happen after the EEA3 announcements this week
The problem is that the network needs to accomplish its roadmap or it will get bogged down in scaling issues that bitcoin is facing, especially with more and more people flooding in. Also, developers are making so much money from ICOs that the first one to straight up scam people is going to drag down the perception of the platform.
By Vlatko Go To Post
Think it will probably happen after the EEA3 announcements this week
The problem is that the network needs to accomplish its roadmap or it will get bogged down in scaling issues that bitcoin is facing, especially with more and more people flooding in. Also, developers are making so much money from ICOs that the first one to straight up scam people is going to drag down the perception of the platform.
Tezos might be the one to do it. Been keeping an eye on their ICO launch that's supposed to happen this month.
By Dark PhaZe Go To PostHappy to see the dip again for ETH. Buying opportunity.I bought some more (probably my last buy) but I did a shitty job buying the bottom. What a fun week in crypto
was gonna buy this morning and it went up like 10% in the span of an hour
*shrug*
any interest in any alt coins?
*shrug*
any interest in any alt coins?
By Dark PhaZe Go To Postwas gonna buy this morning and it went up like 10% in the span of an hourI've been thinking about which coin bitcoin supporters would flock to in case of a bitcoin collapse and litecoin and monero seem like the most obvious ones. I don't think there is enough bitcoin maximalists who hate ethereum for them to out perform ETH though.
*shrug*
any interest in any alt coins?
The other coins just blend together for me. Randomly choosing a few and hoping for 1000% pump wouldn't be a bad strategy when looking at where the top 40 were over a year ago.
https://coinmarketcap.com/historical/20160103/
If the craziness keeps up, it seems pretty hard to lose money if you just hold them lol
Sold my ETH today lol. Made a profit (not as much as a month ago of course), but with the current downtrend I couldn't let the chance to buy back in at lower prices slip by.
The bad thing is the tezos ICO is ending tomorrow and they'll start dumping all their ETH to profit--result could be LOW hundreds, if not further very quickly.
Whole market tanking.
The bad thing is the tezos ICO is ending tomorrow and they'll start dumping all their ETH to profit--result could be LOW hundreds, if not further very quickly.
Whole market tanking.
Was this posted. ASROCK has a board specifically for mining
http://www.asrock.com/MB/Intel/H110%20Pro%20BTC+/index.asp
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http://www.asrock.com/MB/Intel/H110%20Pro%20BTC+/index.asp
H110 Pro BTC+ is specifically designed for crypto mining, the revolutionary digital crypto-currency that may be used anywhere in the world. The 13 onboard PCIe slots guarantee fast GPU mining, while the additional power connectors provide advanced system stability while mining.
ASRock H110 Pro BTC+ is ready to mine right out of box, no need to do any additional bios setup to enable multi GPU mining. Hybrid GPU system is very popular among hardcore miners, this motherboard is ready for up to 13 mixed AMD+NVIDIA GPU mining under Windows10, not only that, H110 Pro BTC+ is also fully compatible with professional mining operating system ethOS, it is able to mine Ethereum, Zcash, Monero, and other GPU-minable coins.
We back?
https://entethalliance.org/enterprise-ethereum-alliance-becomes-worlds-largest-open-source-blockchain-initiative/
You manage to get back in at the low yesterday Phaze?
https://entethalliance.org/enterprise-ethereum-alliance-becomes-worlds-largest-open-source-blockchain-initiative/
NEW YORK, NY, USA – July 18, 2017 – Enterprise Ethereum Alliance (EEA) announced today that 34 organizations have joined the blockchain industry group since late May. This brings total membership to over 150 organizations added since the group’s launch in February of this year. EEA is now the world’s largest open-source blockchain initiative. EEA’s newest members represent a wide variety of business sectors, including technology, banking, government, healthcare, energy, pharmaceuticals, marketing, and insurance, as well as a number of fast-growing Ethereum startups.
You manage to get back in at the low yesterday Phaze?
No, literally everything suggested the low would continue until at least August 1st or so and it fucking skyrocketed out of nowhere
we had the bitcoin fuckkery in august 1st almost assuredly resulting in a drop, on top of tezos not yet dumping massive amounts of ETH
its lunacy tbh
we had the bitcoin fuckkery in august 1st almost assuredly resulting in a drop, on top of tezos not yet dumping massive amounts of ETH
its lunacy tbh
I've been out of the loop on the crypto space for a couple of months and it doesn't look like the bitcoin situation is any clearer. I spent a little time looking through things and how is it that they don't even know the name of their fork the day its happening lol
The people who were predicting it will be a non-event seem to be right so far
The people who were predicting it will be a non-event seem to be right so far
Bitcoin rise is crazy. Should have gone equal into bitcoin and ether when I first got into this lol
By Shanks D Zoro Go To PostI am thinking of investing in ripple. Maybe $200. See where the fun takes me.There is a lot of negativity around Ripple because the creators own a large chunk of the coins available and there seems to be no reason for there to be a market for it. Not that logic has ever stopped crypto profits but something to think about.
By Vlatko Go To PostBitcoin rise is crazy. Should have gone equal into bitcoin and ether when I first got into this lol
There is a lot of negativity around Ripple because the creators own a large chunk of the coins available and there seems to be no reason for there to be a market for it. Not that logic has ever stopped crypto profits but something to think about.
Just seems to me a low risk, high reward thing.
As more people like me try and jump on the bandwagon, they are not gonna afford the higher end crypto, but try and make profits on the lower ends, which should see demand surge and prices rice.
What about litecoin?
What can you say about bitcoin *shrugs*
I think ether is still a good bet, but I think it's rise will be much slower going than anticipated
I think ether is still a good bet, but I think it's rise will be much slower going than anticipated
By Shanks D Zoro Go To PostJust seems to me a low risk, high reward thing.Don't mistake low prices per coin for high potential.
As more people like me try and jump on the bandwagon, they are not gonna afford the higher end crypto, but try and make profits on the lower ends, which should see demand surge and prices rice.
What about litecoin?
https://coinmarketcap.com/
38,352,642,160 XRP are available vs 16 million bitcoin vs 100 million ether etc. Plus you can always buy fractions of coins. $4000 per bitcoin doesn't mean you have to spend $4000 to get in on bitcoin.
I'm not saying to avoid Ripple, just making sure you aren't seeing a low cost per coin and assuming it can go up to $4000 easily as well.
Litecoin price is stable to steadily rising but there isn't enough of a community supporting it for me to get excited about it.
Every time I saw the bitcoin price I could remind myself that my ether has gotten me 10x returns vs the 5x I would have gotten with BTC but the free money the hardfork gave everyone has made it harder to rationalize lol
ETH is bound to have a nice jump soon. The stability in price is tempting me to move around what I left in my coinbase account into lower market cap coins but I have a hard time seeing potential profits in any of them when I personally don't believe in them.
ETH is bound to have a nice jump soon. The stability in price is tempting me to move around what I left in my coinbase account into lower market cap coins but I have a hard time seeing potential profits in any of them when I personally don't believe in them.
Blockchain technology is the next level for data storage and the rise of the cryptocurrency market is a constant reminder of that.
It is still in its early stages, so my guess is it'll only going to rise from here. Buy and HODL
It is still in its early stages, so my guess is it'll only going to rise from here. Buy and HODL
So I'm thinking of putting in 10% of my paycheck each week towards ETH on a part-time salary how stupid is that. I'm hoping it goes from $300 right now to 6k like btc in a couple years. I'm feeling lucky.
I hope crypto GAF makes its move over to here; it would be perfect. Im holding some alts now waiting for the bounce after the BTCGold fork,
By Saki Go To PostI hope crypto GAF makes its move over to here; it would be perfect. Im holding some alts now waiting for the bounce after the BTCGold fork,Yeah, I was fairly active there. Want to HODL and become rich with all my former CryptoGAF friends.
By Kuro Go To PostSo I'm thinking of putting in 10% of my paycheck each week towards ETH on a part-time salary how stupid is that. I'm hoping it goes from $300 right now to 6k like btc in a couple years. I'm feeling lucky.I mean if you don't need the money (as in your debt and emergency fund is sorted out) then go for it. Just don't risk money that you can't afford to lose and make sure you are financially stable enough that waking up to 10-20% swings up and down isn't going to affect your mood and outlook.
One of my clients has me working on the blockchain side of things more so, take a look at Corda. It has immense backing by banks/financial industry so it attaches well with governments around the world in commercial spaces basically. Interesting segment of blockchain/bitcoin evolving.
