Holding is a good strategy.
Strategy for what? Profit.
Very strategy, much bear market, many profitz, wow.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 23885. (Read 26711408 times)
December 29, 2014, 11:52:33 AM
Profit.
Very strategy, much bear market, many profitz, wow.
December 29, 2014, 11:35:56 AM
Holding is a good strategy.
Strategy for what? Profit.
December 29, 2014, 11:17:52 AM
are we talking about 1 year timeframe or 24 hour timeframe
In the past 24 hrs, the average time to solve a block is down to 8 min. 37sec. 10 min. blocks would yield 10% inflation, longer=lower inflation; shorter=higher.
i see... now i agree with you
indeed new ATH in hashrate makes bigger inflation...
December 29, 2014, 11:10:52 AM
are we talking about 1 year timeframe or 24 hour timeframe
In the past 24 hrs, the average time to solve a block is down to 8 min. 37sec. 10 min. blocks would yield 10% inflation, longer=lower inflation; shorter=higher.
December 29, 2014, 11:10:18 AM
I'm surprised by the transparency of bitcoin shilling FUD spamming by noobs in this thread, was hoping for a more mature discussion.
ftfy
December 29, 2014, 11:07:35 AM
Quote
Last 24 hours
Number of blocks 164
Avg. blocks per hour 6
Avg. time to mine a block 08m 46s
Latest block creation time 2014-12-29 15:49:26
Time taken to mine latest block 20m 36s
Avg. transactions per hour 3,271
Number of transactions
Number of blocks 164
Avg. blocks per hour 6
Avg. time to mine a block 08m 46s
Latest block creation time 2014-12-29 15:49:26
Time taken to mine latest block 20m 36s
Avg. transactions per hour 3,271
Number of transactions
are we talking about 1 year timeframe or 24 hour timeframe
if you were honestly want to know how much inflation btc had this year at least you will see this
http://www.coindesk.com/data/bitcoin-total-circulation/
December 29, 2014, 11:04:20 AM
i wonder where he get the magic number 15% ?
this https://bitcointalksearch.org/topic/bitcoin-yearly-inflation-rate-28632
show that there are about 10-12.5 % inflation atm
this https://bitcointalksearch.org/topic/bitcoin-yearly-inflation-rate-28632
show that there are about 10-12.5 % inflation atm
I think i see the problem
[...]
(These are made up numbers)
[...]
(These are made up numbers)
[...]
sarcasm on
Quote
yeah riiight... the math behind bitcorn is just a made up numbers...
sarcasm offThat's not the math behind bitcoin, "(These are made up numbers)" is quoted from the link you have provided.
https://blockchain.info/charts/total-bitcoins?timespan=1year&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=
you can calculate this yourself, see how much btc at the start then how much at the end and how much % increase... its not made up number
I quoted the post you have provided. Please follow your link to read the words "(These are made up numbers)."
yes the link of my first post were estimate, but its not too far from blockchain data. 15% is the made up number
December 29, 2014, 11:03:15 AM
...
ah yes, hashrate is nearing ATH again !
shhh... when will the price get to ATH instead
ah yes, hashrate is nearing ATH again !
shhh... when will the price get to ATH instead
The hashrate has been consistently at the ATH, because until the last two difficulty adjustments it has been climbing. Hashrate dropping means miners are shutting off their gear.
nope they are not, a lot of them are mining paycoin... now that paycoin goes into pos, they were back... yay... ATH again
I'm surprised by the transparency of bitcoin shilling in this thread, was hoping for a more mature discussion.
https://bitcoinwisdom.com/bitcoin/difficulty
Bitcoin Difficulty: 39,457,671,307
Estimated Next Difficulty: 40,614,805,447 (+2.93%)
Adjust time: After 173 Blocks, About 1.1 days
Hashrate(?): 321,214,650 GH/s
Block Generation Time(?):
1 block: 9.1 minutes
http://www.coindesk.com/data/bitcoin/
"Avg. time to mine a block 08m 37s"
December 29, 2014, 11:01:29 AM
i wonder where he get the magic number 15% ?
this https://bitcointalksearch.org/topic/bitcoin-yearly-inflation-rate-28632
show that there are about 10-12.5 % inflation atm
this https://bitcointalksearch.org/topic/bitcoin-yearly-inflation-rate-28632
show that there are about 10-12.5 % inflation atm
I think i see the problem
[...]
(These are made up numbers)
[...]
(These are made up numbers)
[...]
sarcasm on
Quote
yeah riiight... the math behind bitcorn is just a made up numbers...
sarcasm offThat's not the math behind bitcoin, "(These are made up numbers)" is quoted from the link you have provided.
https://blockchain.info/charts/total-bitcoins?timespan=1year&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=
you can calculate this yourself, see how much btc at the start then how much at the end and how much % increase... its not made up number
I quoted the post you have provided. Please follow your link to read the words "(These are made up numbers)."
December 29, 2014, 11:00:21 AM
December 29, 2014, 10:57:56 AM
...
ah yes, hashrate is nearing ATH again !
shhh... when will the price get to ATH instead
ah yes, hashrate is nearing ATH again !
shhh... when will the price get to ATH instead
The hashrate has been consistently at the ATH, because until the last two difficulty adjustments it has been climbing. Hashrate dropping means miners are shutting off their gear.
nope they are not, a lot of them are mining paycoin... now that paycoin goes into pos, they were back... yay... ATH again
I'm surprised by the transparency of bitcoin shilling in this thread, was hoping for a more mature discussion.
https://bitcoinwisdom.com/bitcoin/difficulty
Bitcoin Difficulty: 39,457,671,307
Estimated Next Difficulty: 40,614,805,447 (+2.93%)
Adjust time: After 173 Blocks, About 1.1 days
Hashrate(?): 321,214,650 GH/s
Block Generation Time(?):
1 block: 9.1 minutes
3 blocks: 27.2 minutes
6 blocks: 54.5 minutes
Updated:
Dec 17 2014 39,457,671,307 -1.37% 282,449,013 GH/s
Dec 02 2014 40,007,470,271 -0.73% 286,384,627 GH/s
Nov 18 2014 40,300,030,328 1.76% 288,478,854 GH/s
Nov 05 2014 39,603,666,252 10.05% 283,494,086 GH/s
December 29, 2014, 10:55:18 AM
i wonder where he get the magic number 15% ?
this https://bitcointalksearch.org/topic/bitcoin-yearly-inflation-rate-28632
show that there are about 10-12.5 % inflation atm
this https://bitcointalksearch.org/topic/bitcoin-yearly-inflation-rate-28632
show that there are about 10-12.5 % inflation atm
I think i see the problem
[...]
(These are made up numbers)
[...]
(These are made up numbers)
[...]
sarcasm on
Quote
yeah riiight... the math behind bitcorn is just a made up numbers...
sarcasm offThat's not the math behind bitcoin, "(These are made up numbers)" is quoted from the link you have provided.
https://blockchain.info/charts/total-bitcoins?timespan=1year&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=
you can calculate this yourself, see how much btc at the start then how much at the end and how much % increase... its not made up number
December 29, 2014, 10:53:35 AM
What if I told you that the real monetary inflation for BTC is actually even higher than most people think?
That's because a lot of BTCs from the early days are totally lost (so nobody owns the private keys anymore, it's like they never existed).
2 million BTCs (minimum) are very probably lost:
http://onbitcoin.com/2013/12/07/bitcoin-spoilage-2-million-bitcoin-likely-lost-old-hard-drives/
The supply of BTC in circulation is actually smaller than believed, that means that the inflation is actually higher.
That's because a lot of BTCs from the early days are totally lost (so nobody owns the private keys anymore, it's like they never existed).
2 million BTCs (minimum) are very probably lost:
http://onbitcoin.com/2013/12/07/bitcoin-spoilage-2-million-bitcoin-likely-lost-old-hard-drives/
The supply of BTC in circulation is actually smaller than believed, that means that the inflation is actually higher.
December 29, 2014, 10:53:32 AM
...
ah yes, hashrate is nearing ATH again !
shhh... when will the price get to ATH instead
ah yes, hashrate is nearing ATH again !
shhh... when will the price get to ATH instead
The hashrate has been consistently at the ATH, because until the last two difficulty adjustments it has been climbing. Hashrate dropping means miners are shutting off their gear.
nope they are not, a lot of them are mining paycoin... now that paycoin goes into pos, they were back... yay... ATH again
I'm surprised by the transparency of bitcoin shilling in this thread, was hoping for a more mature discussion.
December 29, 2014, 10:49:44 AM
I think bitcoin which is up +2251.12% in two years can deal with 15% inflation.
What? Didn't you know that Bitcoin only started a little over a year ago at over $1000 and has been falling ever since on its way to zero?
It's a South Seas Ponzi beanie baby tulip pyramid scam. All the famous financial experts say so, so it must be.
Or are you some sort of commie libertarian koolade-drinking conspiracy cultist?
With the exception of bitcoin being started a year ago, you're not that far from the truth.
December 29, 2014, 10:49:16 AM
...
ah yes, hashrate is nearing ATH again !
shhh... when will the price get to ATH instead
ah yes, hashrate is nearing ATH again !
shhh... when will the price get to ATH instead
The hashrate has been consistently at the ATH, because until the last two difficulty adjustments it has been climbing. Hashrate dropping means miners are shutting off their gear.
nope they are not, a lot of them are mining paycoin... now that paycoin goes into pos, they were back... yay... ATH again
December 29, 2014, 10:48:03 AM
i wonder where he get the magic number 15% ?
this https://bitcointalksearch.org/topic/bitcoin-yearly-inflation-rate-28632
show that there are about 10-12.5 % inflation atm
this https://bitcointalksearch.org/topic/bitcoin-yearly-inflation-rate-28632
show that there are about 10-12.5 % inflation atm
I think i see the problem
[...]
(These are made up numbers)
[...]
(These are made up numbers)
[...]
sarcasm on
Quote
yeah riiight... the math behind bitcorn is just a made up numbers...
sarcasm offThat's not the math behind bitcoin, "(These are made up numbers)" is quoted from the link you have provided.
December 29, 2014, 10:47:15 AM
all bigger companies have started accepting bitcoin, price is stable as much is it possible...
The first statement is not correct. Not long ago someone jokingly posted a "list of Fortune 500 companies that still do not accept bitcoin (hint: there are 500 of them)".
Now that Microsoft has decided to accept dollars from the sale of bitcoins, there must be only 499 of them.
As for the second statement, the price may seem stable compared to other months, but it is still totally wild by the standards of national currencies.
December 29, 2014, 10:46:21 AM
...
ah yes, hashrate is nearing ATH again !
shhh... when will the price get to ATH instead
ah yes, hashrate is nearing ATH again !
shhh... when will the price get to ATH instead
The hashrate has been consistently at the ATH, because until the last two difficulty adjustments it has been climbing. Hashrate dropping means miners are shutting off their gear.
December 29, 2014, 10:44:40 AM
I think bitcoin which is up +2251.12% in two years can deal with 15% inflation.
What? Didn't you know that Bitcoin only started a little over a year ago at over $1000 and has been falling ever since on its way to zero?
It's a South Seas Ponzi beanie baby tulip pyramid scam. All the famous financial experts say so, so it must be.
Or are you some sort of commie libertarian koolade-drinking conspiracy cultist?
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