The Bitcoin Thread

Status
Not open for further replies.
I will be waiting for the $1500 area before buying into Bitcoin or any other Cryptocurrency again.
 
ETH is lower than that. Bad experience with buying BTC if I may ask?

No, not at all. I just think Bitcoin is overpriced at the moment. It is in a bubble, which is doomed to go, and if it does, because Bitcoin is not backed by anything, it may fall to 0. Those who still have confidence today will never, ever go back into it again. Those who will lose big money will never place a cent in it again. The volumes after a total crash will never be big enough to let it rise again.

So, I am hoping for the price to come down gradually over the next 3-4 months and when it reaches more acceptable levels and trade within them, I will buy in. Else not.
 
No, not at all. I just think Bitcoin is overpriced at the moment. It is in a bubble, which is doomed to go, and if it does, because Bitcoin is not backed by anything, it may fall to 0. Those who still have confidence today will never, ever go back into it again. Those who will lose big money will never place a cent in it again. The volumes after a total crash will never be big enough to let it rise again.

So, I am hoping for the price to come down gradually over the next 3-4 months and when it reaches more acceptable levels and trade within them, I will buy in. Else not.

Makes sense, thanks :)
 
No, not at all. I just think Bitcoin is overpriced at the moment. It is in a bubble, which is doomed to go, and if it does, because Bitcoin is not backed by anything, it may fall to 0. Those who still have confidence today will never, ever go back into it again. Those who will lose big money will never place a cent in it again. The volumes after a total crash will never be big enough to let it rise again.

So, I am hoping for the price to come down gradually over the next 3-4 months and when it reaches more acceptable levels and trade within them, I will buy in. Else not.
Doomsday...

It is very hard to say what an acceptable price is for bitcoin? How do you calculate 15k and not 1k as good price?

I don't disagree that the price is high... And that if it plummets, people will sustain such huge losses that they won't return. Valid arguments...

I don't think we'll ever see 15k again, unless the fundamentals of bitcoin change. Impending government/central bank backlash will scare a lot of the weak hands out of the market. But I do think bitcoin is starting to develop some critical mass, there is too much capital invested in the ecosystem for it to go to zero...
 
Can anyone tell me why this is? I went over 0.01 BTC on Saturday, and Luno payouts happen then. But when I check on Nicehash, it says:

Next payout: 2017-09-22 11:57
Payout amount: 0.01171511 BTC 46.76 USD


Why the 6 day delay? I thought they pay out daily.


OK now I'm confused. It seems to have just skipped today for my payout, and added a week to the payout, right after 11:58:

Next payout: 2017-09-29 11:58
Payout amount: 0.01441246 BTC

WTF am I missing? :confused:

EDIT: LOL nvm, seems like it has corrected itself.
 
OK now I'm confused. It seems to have just skipped today for my payout, and added a week to the payout, right after 11:58:



WTF am I missing? :confused:

EDIT: LOL nvm, seems like it has corrected itself.

Use the Nicehash wallet for daily payouts, then transfer from there, transfer fees are also cheaper on their wallet.

See fees below:

https://www.nicehash.com/help/fees
 
I sent some bucks to Luno. Should clear midnight (as per the last 2 times). Hopefully some nice dips to buy over the weekend :)
 
How you gonna get money into luno then?
Jisis, I didn't even think of that. @Lunomoney you really need to get an automated system in place

edit: now I'm thinking of swapping my Ethereum for Bitcoin and replanishing my Ethereum stash on Monday. You okes think this is a good idea?
 
I dunno, I have transfered money to luno on weekends on numerous occasions (STD to STD), and it's always been there in 5-10mins.
 
Status
Not open for further replies.
Top
Sign up to the MyBroadband newsletter
X