imrootx

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i sold all my btc holding to usdt @ 9300
now , i bought eth @ 620 with half of my usdt waiting for eth to go below 550 , i will get more.
 

Billy Batts

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Cryptohipsters, anyone with half a brain would have known it will never work with hundreds of coins. The BTC is like the EU, the idea was good, the execution horrible.
 

Asif A Khan LONDON

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Sort of a serious question here.

I can get solar installed that will handle all the electricity in my house for about 30K - about 19K if I bought the products and was involved in the installation.

Let's suppose I don't use it to run the A/C, refrigerator, etc and use it to mine.

Would that make economic sense?

elavmunretea



I think @elavmunretea did a post on mining, he should be able to give you more details.
 

greenhut

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The rest of this year Bitcoin should be something close to the following chart. You can save it for future reference.

i.imgur.com/JHIL6Pw.jpg
(I cannot post images or links.)
 
D

Deleted member 969102

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Probably the most misleading article ever. You would know, If you read the article they link to as a source.

"Most expensive countries to mine Bitcoin
South Korea — $26,170
Niue — $17,566
Bahrain — $16,773
Solomon Island — $16,209
Cook Islands — $15,861
Least expensive countries to mine Bitcoin
Venezuela — $531
Trinidad and Tobago — $1,190
Uzbekistan — $1,788
Ukraine — $1,852
Myanmar — $1,983"

* Takes most expensive country > Writes article about how it's unprofitable *

Regardless of the fact that the article is terribly misleading, whether it is profitable to start mining NOW has no bearing on the price. Why should people holding BTC be worried that for the average joe it's not as profitable as it used to be?

I mine, and have made my money back many many times within the first year.


I didn't expect a CFO of a company that loses money every time someone uses BTC over their service to have a balanced view, to be honest.

It's like one SEO seller leaving a bad review on another's BST.

Just like how the Bank of England's chief cashier doesn't like contactless payments... go figure.

http://www.dailymail.co.uk/news/art...s-chief-cashier-doesnt-trust-contactless.html


This is almost as stupid as attributing Snapchat losing $1.3bn due to Kylie Jenner.

http://money.cnn.com/2018/02/22/technology/snapchat-update-kylie-jenner/index.html

yX00mFO.png


Dropped before the Tweet.

This change by Google etc. is to make Crypto safer. I don't see why banning ads that were often scams is something to be worried about.

Can't see that article.

The strange thing is, the "traders" on BHW dismiss any and all negative articles on BTC out-right and only promote the positive ones, whereas the real successful traders I know, look at and consider all the news & speculation from the financial press and elsewhere when making their decisions.
I give as much reasoning behind my points as I can. I'm not afraid to criticize crypto when it's shitty, which is often.

I don't however, just link to whatever articles come up first on Google.

https://www.blackhatworld.com/seo/b...-with-mass-adoption-is-it-in-a-bubble.991544/

Would that make economic sense?

No. I looked into this.

My rigs use 1000-1500w and cost around £3k. I've pretty much 5-10x'd as I got in at a good time, mined Verge and a few other coins etc, but without that and with a "meh" BTC price they would have broken even in ~150 days.

If you built one now, without electricity costs, you're looking at closer to a year.

Then you have the fact that hardware stays profitable for 1-2 years.

Dropping 30k (Remember, you need 1kw minimum 24/7 not just daylight hours per rig) for the sake of "free power" isn't worth it.

I have seen some people with solar panels already in mining with hybrid farms though (solar in the day, normal electric at night)
 

fasttrak

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Probably the most misleading article ever. You would know, If you read the article they link to as a source........

Well said that man. I would have thought the US Congress' first subcommittee hearings on ICOs yesterday would have got more attention and at least been a little more credible than some of these stories, but hey ho.

The House of Representatives Financial Services Committee began a session on “Examining Cryptocurrencies and ICO Markets” at 10 AM yesterday that was streamed https://financialservices.house.gov...al&utm_source=twitter.com&utm_campaign=buffer.

Some of the witness quotes made me chuckle.
 

SwiffJustus

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The strange thing is, the "traders" on BHW dismiss any and all negative articles on BTC out-right and only promote the positive ones, whereas the real successful traders I know, look at and consider all the news & speculation from the financial press and elsewhere when making their decisions.

Yes, when it comes to that they act as if the have a BIT of zombie in them... Just to coin a phrase. Or maybe not, I mean the coining of phrase thing, not sure about that but I am pretty sure about the Zombie reference thoo_O

bcz.jpg
 

queenjude

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BTC will come back - just like Nasdaq came back from its 1999 highs.

The only question is if BTC is the Amazon of the lot or Yahoo.
 

drogon

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The strange thing is, the "traders" on BHW dismiss any and all negative articles on BTC out-right and only promote the positive ones, whereas the real successful traders I know, look at and consider all the news & speculation from the financial press and elsewhere when making their decisions.
Also strange that @Asif WILSON Khan only posts negative articles and threads about BTC and does not consider positive ones. Still waiting for that ONE positive BTC article / thread from you!!
 

Unreliable Witness

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Also strange that @Asif WILSON Khan only posts negative articles and threads about BTC and does not consider positive ones. Still waiting for that ONE positive BTC article / thread from you!!
Like the one about how BTC gives hope to young burger flippers that a $10 "investment" will buy a life of fast cars and fast women?

Like the one about how BTC gives hope to young burger flippers that a $10 "investment" will buy a life of fast cars and fast women?

Sorry, the story relates to investment experts, not burger flippers. My bad.
 
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Panther28

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Quite a few articles from google are quoting this death cross, it might be an opportunity, but if there is one thing we know about bitcoin is that
opinion is split down the middle, so it could quite easily be nothing, bitcoin seems to sort of stabilized a bit, I haven't really heard an answer to the question
of what we will do once its all mined, and people still want to buy their underground vitamins and minerals.
 

jazzc

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of what we will do once its all mined, and people still want to buy their underground vitamins and minerals.

And what exactly in your opinion is going to be the problem once it's all mined?
 

Asif A Khan LONDON

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Also strange that @Asif WILSON Khan only posts negative articles and threads about BTC and does not consider positive ones. Still waiting for that ONE positive BTC article / thread from you!!

Not true at all, I have stated many times that I am interested in Cryptos and that I hope BTC succeeds.

... and just because I hope something succeeds doen't mean it will, especially if you can see the potential pitfalls. Unlike the over optimistic traders floating around this section who can't bear the thought they might be wrong.

I picked up the stories from here: http://bitcointicker.co/news/

IqLOWTF.png
 

Jenxkz

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If you're trading BTC or any alt coin it doesn't matter if the market goes up or down. Just count your elliot wave and short the market on Bitfinex, Poloniex or any other exchange that has margin trading
 
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