UPDATE - page 43. | Bitcointalksearch.org

AdopterOfCoin

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Quote from: AtheistAKASaneBrain on October 31, 2015, 11:11:59 AM

Mining is pretty useless unless you mine an altcoin that then happens to get pumped. It's a lottery to find out what shitcoin will get pumped out of the thousands that are out there. The mining process is only on the first days where you could get a lot, and the pump can last literally minutes before it crashes. Too risky. Well, if you mine them, not that risky, but a waste of time and electricity.

At present, it is still profit to mine Eth if your electricity price is low. If the price of Eth drop another 30%, then it is not profitable.

AtheistAKASaneBrain

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Quote from: Amph on October 31, 2015, 10:56:30 AM

Quote from: AdopterOfCoin on October 31, 2015, 08:52:39 AM

Quote from: asusZ on October 31, 2015, 07:58:42 AM

I prefer bitcoin because it is easier to get

Bitcoin is difficult to get. You may get some from faucets, but the amount is very small. We all have to work hard to get some bitcoins.

on the web is actually more easy than fiat to get, you have more tool to earn free bitcoin really fast, and there is mining, atlcoin mining

usually with fiat you need tor egister and provide id of any kind to have some, too much hassles..

Mining is pretty useless unless you mine an altcoin that then happens to get pumped. It's a lottery to find out what shitcoin will get pumped out of the thousands that are out there. The mining process is only on the first days where you could get a lot, and the pump can last literally minutes before it crashes. Too risky. Well, if you mine them, not that risky, but a waste of time and electricity.

Amph

legendary

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Quote from: AdopterOfCoin on October 31, 2015, 08:52:39 AM

Quote from: asusZ on October 31, 2015, 07:58:42 AM

I prefer bitcoin because it is easier to get

Bitcoin is difficult to get. You may get some from faucets, but the amount is very small. We all have to work hard to get some bitcoins.

on the web is actually more easy than fiat to get, you have more tool to earn free bitcoin really fast, and there is mining, atlcoin mining

usually with fiat you need tor egister and provide id of any kind to have some, too much hassles..

bajing

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The most Professional Cryptocurrency Casino

Quote from: dothebeats on October 31, 2015, 08:54:39 AM

Quote from: AdopterOfCoin on October 31, 2015, 08:52:39 AM

Quote from: asusZ on October 31, 2015, 07:58:42 AM

I prefer bitcoin because it is easier to get

Bitcoin is difficult to get. You may get some from faucets, but the amount is very small. We all have to work hard to get some bitcoins.

Getting is different from earning. If you would only buy it from exchanges, it could be within minutes. But with earning it, it will take you a long time before you can get one whole bitcoin.

do you mean is trading altcoin to get profit? but sometimes altcoin price will dumb fast so you need smart to choice what is coin will get profit. i think is not easy to get earning from exchanges Sad

dothebeats

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Quote from: AdopterOfCoin on October 31, 2015, 08:52:39 AM

Quote from: asusZ on October 31, 2015, 07:58:42 AM

I prefer bitcoin because it is easier to get

Bitcoin is difficult to get. You may get some from faucets, but the amount is very small. We all have to work hard to get some bitcoins.

Getting is different from earning. If you would only buy it from exchanges, it could be within minutes. But with earning it, it will take you a long time before you can get one whole bitcoin.

AdopterOfCoin

newbie

Activity: 37

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Quote from: asusZ on October 31, 2015, 07:58:42 AM

I prefer bitcoin because it is easier to get

Bitcoin is difficult to get. You may get some from faucets, but the amount is very small. We all have to work hard to get some bitcoins.

Pierre 2

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Currently btc is more valuable than dollar because basic math 1 btc around 310 dollars.
But if you talk about real value, Bitcoin is not centralized and still could not find big mass to move so it is more dangerous.

asusZ

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I prefer bitcoin because it is easier to get

Furio

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BTC | LTC | XLM | VEN | ARDR

Quote from: delliaerd on October 31, 2015, 07:08:31 AM

Quote from: AdopterOfCoin on October 30, 2015, 11:11:15 AM

It is the same because they are both currencies. It is different because bitcoin is a store of value. It will rise in value in long term. The dollar always drops in value.

I agree with you that value of bitcoin will be rise in long term and i think should invest it but i don't think so that dollar always drops in value. It depends on the condition of the future
[/quote]

So many things can happen that would render Bitcoin obsolete, the protocol is deflationary by definition, but there are many, MANY other factors that could have a negative impact on the price of Bitcoin...

Don't get me wrong, I'm a big fan and hope for a bright future of Bitcoin, but chances are high that mass adoption will be achieved by another service based on blockchaintech, please be aware of just how risky crypto atm is

JeWay

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Quote from: JinxCoins on October 30, 2015, 09:10:12 AM

Better bitcoin is cheaper if you want to send money.

That's right, even tho there's still be some fees on every transaction. But the fee is very small than normal fees from Bank.

dothebeats

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Quote from: AdopterOfCoin on October 31, 2015, 07:15:55 AM

From the past experience, dollar always drop in value. This was proved the inflation index. Over any 5 year period, the inflation figure is positive.

Which is why it is not smart to keep all your assets in dollars. Roll Eyes

Btc and gold seemed to be the best investment for keeping one's assets over dollar because of inflation.

AdopterOfCoin

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Quote from: delliaerd on October 31, 2015, 07:08:31 AM

Quote from: AdopterOfCoin on October 30, 2015, 11:11:15 AM

It is the same because they are both currencies. It is different because bitcoin is a store of value. It will rise in value in long term. The dollar always drops in value.

I agree with you that value of bitcoin will be rise in long term and i think should invest it but i don't think so that dollar always drops in value. It depends on the condition of the future

From the past experience, dollar always drop in value. This was proved the inflation index. Over any 5 year period, the inflation figure is positive.

delliaerd

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Quote from: AdopterOfCoin on October 30, 2015, 11:11:15 AM

It is the same because they are both currencies. It is different because bitcoin is a store of value. It will rise in value in long term. The dollar always drops in value.
[/quote]
I agree with you that value of bitcoin will be rise in long term and i think should invest it but i don't think so that dollar always drops in value. It depends on the condition of the future

christycalhoun

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Activity: 378

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Quote from: traderbit on October 30, 2015, 08:00:56 AM

Quote from: Krakersik on October 30, 2015, 07:59:31 AM

BTC = USD - it is the same, please Cheesy

Why do you think it is the same, same on what.
Bitcoin is a digital (virtual) currency and dollar is physical and digital currency too.
Also bitcoin is a platform itself, it is all open, and all transaction are visible to the public.

I kind of understand what he means, the bitcoin price is very reliant on its USD price. But of course they are two different currencies.

jangloos

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Off course bitcoin is only and solid option when we make any comparison between both bitcoin and Dollar.It is faster,secure and cost effective although it is very young.In future Dollar will have very limited use and digital currencies like Bitcoin will dominate.

electronicfactura

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Bitcoin as well as Dollar both are necessary at the moment and will remain for long time.We didn't reach at that much advance where we can adopt digital currency as only choice.Bitcoin is making its way and has already done great job when it comes to transfer funds online or gambling but still many people don't understand it and many didn't hear about it yet.

AdopterOfCoin

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Quote from: Krakersik on October 30, 2015, 07:59:31 AM

BTC = USD - it is the same, please Cheesy

It is the same because they are both currencies. It is different because bitcoin is a store of value. It will rise in value in long term. The dollar always drops in value.

Q7

sr. member

Activity: 448

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Basically what makes it different compared to dollar is that there can only be 21 millions of bitcoin. So essentially if adoption rate scale up accordingly and there is a limit cap in place, you know that your money can only increase in value as times go by, unlike the opposite with fiat.

JinxCoins

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Better bitcoin is cheaper if you want to send money.

traderbit

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Quote from: Betwrong on October 30, 2015, 08:17:24 AM

Quote from: traderbit on October 30, 2015, 08:00:56 AM

Quote from: Krakersik on October 30, 2015, 07:59:31 AM

BTC = USD - it is the same, please Cheesy

Why do you think it is the same, same on what.
Bitcoin is a digital (virtual) currency and dollar is physical and digital currency too.
Also bitcoin is a platform itself, it is all open, and all transaction are visible to the public.

That was a troll posr I guess.

Of course BTC is not equal to USD. If you have any doubt about this statement please take a look

http://preev.com/

It is obviously more than USD x 300. So they are not equal. )

Because the bitcoin coins are limited to 21 Million.
It never will be the same with dollar in this aspect.
But also not even similar in the way that these two works because are totally different.

Topic: UPDATE - page 43. (Read 41038 times)