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Topic: Santa Green in BER months (October to December) - page 2. (Read 370 times)

newbie
Activity: 112
Merit: 0
Oh yes me too! Looks like the rainbow after the rain is gonna show during the yuletide season. Perfect time of the year in my opinion and hopefully it will continue until the New Year. I'm not superstitious but there is a Chinese superstition that says that whatever is started in the new year will continue all throughout the year. It's a superstition but hey, look at China now. They are already a cashless society, right?
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
GPU? dang your about 4 years too late, or found yourself in the wrong category.. maybe you're talking about altcoins
Yeah he's definitely talking about eth mining which really isn't ideal since that is mostly going asic now too, GPUs are nice for mining whatever is hot and selling it for Bitcoin, it's just a bit more working jumping on whats currently hot.

i do laugh at the ethereum crowd. worried about ASIC (strong hashpower) so want to go to a zero cost user-sign algo(ripe for a takeover). or go to GPU(weak hash) algo

thing about GPU vs ASIC is all the coins that go GPU and alter the algo to prevent asics, is that then AMD(ATi) rule the planet debate replaces ASIC manufacturers rul the planet.. sam argument just different company.

even with PoS people are already forming syndicates and combining coins to have more 'stake' to.. basically making stake pools to get more chances of winning rewards and then sharing out the proceeds. so even PoS has the same complaints as those saying PoW is bad..
the down side of PoS is that theres no cost to sign a block and so the zero cost does not form a baseline of support to help give a coin a good price support bottomline.which is why PoW coins fair better when they have good hashpower backing them

when it comes to altcoins they have always been focusing on how to play with people's emotions more so that they can create a bigger hype to pump their coin and make a bigger profit.
the thing about mining and ASICs have been a clear example.

there is a big drama going on with bitcoin that has been saying for years that bitcoin mining is centralized and they say it is so because of China and ASICs. so as a result when an altcoin wants to advertise they say they are "ASIC resistant" which is a big lie and is only said to pump the coin! it started from 2010 when LTC was created.
legendary
Activity: 4424
Merit: 4794
GPU? dang your about 4 years too late, or found yourself in the wrong category.. maybe you're talking about altcoins
Yeah he's definitely talking about eth mining which really isn't ideal since that is mostly going asic now too, GPUs are nice for mining whatever is hot and selling it for Bitcoin, it's just a bit more working jumping on whats currently hot.

i do laugh at the ethereum crowd. worried about ASIC (strong hashpower) so want to go to a zero cost user-sign algo(ripe for a takeover). or go to GPU(weak hash) algo

thing about GPU vs ASIC is all the coins that go GPU and alter the algo to prevent asics, is that then AMD(ATi) rule the planet debate replaces ASIC manufacturers rul the planet.. sam argument just different company.

even with PoS people are already forming syndicates and combining coins to have more 'stake' to.. basically making stake pools to get more chances of winning rewards and then sharing out the proceeds. so even PoS has the same complaints as those saying PoW is bad..
the down side of PoS is that theres no cost to sign a block and so the zero cost does not form a baseline of support to help give a coin a good price support bottomline.which is why PoW coins fair better when they have good hashpower backing them
member
Activity: 574
Merit: 10
I am happy that I have read good vibes like this and have the market goes good to make us all happy with the christmas and especially with the family. we are always positive.I will not forget how good the market last year month of november to december hopefully this year also
legendary
Activity: 3472
Merit: 10611
this year we have seen speculation topics like this almost every 2 months. first it started with people saying first two months are always dropping price then from 3rd months we rise. then that didn't happen they said April is a rising month every year. and so on and now we are near the end of the year and people are saying end of the year is "rise" so we should see a rise.

at this point we may see a rise but only because it has been time for a rise for some time now and it is getting late. but not because some trend happened in previous years.
full member
Activity: 966
Merit: 100
this time is good to buy more bitcoin and hodl until this end off year or may be this november will be rain in money,,buy more guys Grin
jr. member
Activity: 293
Merit: 1
typical trend anals
lacking technical analysis

lasts years november run up was from private investors buying coin to pay out for certain contracts to their investees for completing the tasks needed to release another tranche of investment.

as of now there are over 65% of all coin movements that moved above a baseline price of $5800 and even mining costs are over that baseline price too.

BUT
mining costs have come down. old asics can be bought even chaper than summers price. and new more efficient miners are going to be released in october-november that are going to bring costs down maning miners could sell for less than today and still profit.

im waiting out a 90exa hash average before i stop worrying about mining sells. although i shouldnt worry as the coin production and the even less coin production that does market react is small compared to coins in circulation and coin production that private contract OTc trade away from markets.

but either way there is nothing to presume a large jump this christmas..
all thee ETF drama and possible future bitcoin baskets of coins tf's will buy once their already purchased bitcoin baskets had their shares bought wont happen untill after christmas.
you know fresh financial year where they can declare 2018 as a loss to cut down on their tax bill.
ETF's wont want to profit this late in th year and have to declare larger tax bills.

So, this year is a year of decline for Bitcoin which was deliberately made down this year. I think Bitcoin can't be controlled by anyone, but I believe that if Bitcoin can be played by the rich investors. But my hope is that Bitcoin could rise later this year and I will always remain optimistic about the increase in Bitcoin.
legendary
Activity: 4424
Merit: 4794
The trend of mining has ended, the hype the chaos of panic buying of hardware slowdown since mid year. So investing into more gpu is a great idea.

Free electricity and low-cost machines are the passive income I'm in.

BITCOIN hardware has increased
over the last 12 months it went from 7-49th which is a 7x growth of mining rigs
march-may showed least growth but june onwards showed the most

last years gen asics can be bought at 3x-4x cheaper than last years prices and gen gen asics are coming out soon so the growth will continue


GPU? dang your about 4 years too late, or found yourself in the wrong category.. maybe you're talking about altcoins
full member
Activity: 448
Merit: 102
You're right, today we haven't seen a rapid development like 2017, but at least bitcoin is able to survive at 6K, and that is a very good effort.

I'm not sure about Bullish will come this year. I know that bitcoin is able to create very high volatility, but seeing the current weak condition of bitcoin, bullish will not come this year.
full member
Activity: 392
Merit: 106
typical trend anals
lacking technical analysis

Better than nothing it seems, tired of those number discussion that only base on subjective experience in the end.

Quote
BUT
mining costs have come down. old asics can be bought even chaper than summers price. and new more efficient miners are going to be released in october-november that are going to bring costs down maning miners could sell for less than today and still profit.

The trend of mining has ended, the hype the chaos of panic buying of hardware slowdown since mid year. So investing into more gpu is a great idea.

Free electricity and low-cost machines are the passive income I'm in.
member
Activity: 364
Merit: 10
Last year although the price of BTC and other great coins were very good on the market but comparing it with this year I think it will do better this year. Lets hope for the best to come in October to December. 
legendary
Activity: 3038
Merit: 1169
I really think this will not continue at all to be high and mighty green all the time but I can sure say that October can be certainly high in value, But the November and December will be highly unlikely, We can surely say that the holidays can be merry and because of it may be the point doesn't mean it can sure reflect the fact that the market will be the same, I truly believe that every December markets were very doubtful with the increase that much because people will be needing the money to prepare the holidays, That's why they will be using their hodl Cryptocurrency to celebrate it.
legendary
Activity: 4424
Merit: 4794
typical trend anals
lacking technical analysis

lasts years november run up was from private investors buying coin to pay out for certain contracts to their investees for completing the tasks needed to release another tranche of investment.

as of now there are over 65% of all coin movements that moved above a baseline price of $5800 and even mining costs are over that baseline price too.

BUT
mining costs have come down. old asics can be bought even chaper than summers price. and new more efficient miners are going to be released in october-november that are going to bring costs down maning miners could sell for less than today and still profit.

im waiting out a 90exa hash average before i stop worrying about mining sells. although i shouldnt worry as the coin production and the even less coin production that does market react is small compared to coins in circulation and coin production that private contract OTc trade away from markets.

but either way there is nothing to presume a large jump this christmas..
all thee ETF drama and possible future bitcoin baskets of coins tf's will buy once their already purchased bitcoin baskets had their shares bought wont happen untill after christmas.
you know fresh financial year where they can declare 2018 as a loss to cut down on their tax bill.
ETF's wont want to profit this late in th year and have to declare larger tax bills.
member
Activity: 280
Merit: 10
★Bitvest.io★ Play Plinko or Invest!
The bitcoin dominant and price haven't or have not yet as bullish as last year and soon it might be the case.

I'm positive and an optimistic human being who intentionally thinking about a small increase as a sign.

Don't look at me as your typical investor who only believes in bitcoin in its time when having a good performance, I do trust it the whole year round.

So buckle up guys and deeply breath, Santa bitcoiners is coming to town.


We are all happy about this improvement,  because we much more expected and believe that this coming bear month the price value of crypto in the market are starting to moving up. That is why must prepare about this main event's and expect to gain big amount of profits.
member
Activity: 210
Merit: 19
As of this time last year,the market was bullish,its been a rough 2018,as the bear market probably has lasted more that expected,defying all predictions whatsoever..
  The price in the last couple of days has been sort of impressive and we can only hope that for real the bull is upon us
full member
Activity: 392
Merit: 106
The bitcoin dominant and price haven't or have not yet as bullish as last year and soon it might be the case.

I'm positive and an optimistic human being who intentionally thinking about a small increase as a sign.

Don't look at me as your typical investor who only believes in bitcoin in its time when having a good performance, I do trust it the whole year round.

So buckle up guys and deeply breath, Santa bitcoiners is coming to town.
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