Bitcoins/Litecoins/Virtual Currencies
- Thread starter Tripamang
- Start date
Scoresby
Trakanon Raider
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The challenge really becomes competing with all the mining pools and ASIC farms. If you don't exceed the min it wouldn't hurt to try though (or you could join a pool).
Also, Ether was tickling $360 today, up like 20% in the past week or so.
Arative
Vyemm Raider
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The segwit2x fork was cancelled and is as far as I know dead. The devs for it moved to Bitcoin cash I think.
CME is going to be offering Bitcoin futures on December 10. I've seen a lot of articles say that could push the price over $10k.
Borzak
Bronze Baron of the Realm
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I probably am under the minimum by enough to power a few houses easily. Especially now that I'm not living there.
Arative
Vyemm Raider
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You'd probably be better off taking the money you would have spent on miners and just buying bitcoin with it. A decent miner is going to be at least $1400 new.
Tripamang
Naxxramas 1.0 Raider
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Bitcoin is in for a serious crash, and it's because of the technical limitations that the bitcoin developers are placing on the currency. Not expanding the block size or implementing changes to improve the transactions has caused the price to send money skyrocket from pennies to 5-10$ per transaction. They're making it so it's going to near impossible to use it, especially if it's popularity continues to rise like it is now. The bulk of people purchasing it must be doing it to hold it for value, or are holding it in bitcoin banks where buying/selling the coins doesn't require an actual bitcoin transaction. I don't get how anyone could continue to invest in an obvious dead end technology, unless the cost per transaction plummets it's never going to be adopted as a real currency which really limits it's uses.
Bitcoin cash might come out of this unscathed though, it supports 8x as many transactions and the people backing it are willing to make the necessary changes to the technology to keep it viable. The cost per transaction right now is in the penny range for bitcoin cash.
Bitcoin cash might come out of this unscathed though, it supports 8x as many transactions and the people backing it are willing to make the necessary changes to the technology to keep it viable. The cost per transaction right now is in the penny range for bitcoin cash.
Dr Neir
Trakanon Raider
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Eth and lite have been increasing daily. Reminds me of bit early days. Got some extra in lite few weeks ago when I saw it move. Both seem to be doing the same slow move. Bit peaked at $9995 earlier today. Will see a drop around 3-6am again but looks like its going to be a rough 10k shelf. Major sell order from what I see.
Ameraves
New title pending...
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Dr Neir
Trakanon Raider
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Just watching the daily tracker. Looks like it dipped at 1am est this morning. Seen 9pm and around 3am as peak/drops regularly for some time, not enough consistently but enough thats noticeable, I am by no way any expert in this, just observations from this past year. Watching twitter coin related new to see what might cause some effect either way. Currently only using GDAX tracker for now.
Ya, eth is close to $500 and Lite should $100 very soon.
Looks like for the past 2weeks give/take Lite is growing about $5 day roughly.
Ya, eth is close to $500 and Lite should $100 very soon.
Looks like for the past 2weeks give/take Lite is growing about $5 day roughly.
Arative
Vyemm Raider
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Nasdaq Plans to Launch Bitcoin Futures in First Half 2018
NASDAQ might be launching bitcoin futures next year
NASDAQ might be launching bitcoin futures next year
