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- mw108 replied Feb 3, 2018
Last time Bitcoin took such a big hit it went into a downtrend for 2 years. It seems like the "bubble" has bursted and we are returning to a "normal" price. Wouldn't be surprised if we see ~$3000-$4000 in the next few months.
- mw108 replied Jan 15, 2018
They have an Option to buy 5 billion XRP at $0.0085 until September 2019. But this doesn't mean that the price needs to go down to that level first.
- mw108 replied Jan 7, 2018
I agree with you. But to be realistic: History has taught us that 1) fundamental analysis doesn't work so well with Cryptos - at least for now and 2) Crypto markets are a great example that a market is never "overbought" or "overrated". Just look at ...
- mw108 replied Jan 4, 2018
$1899? On the site you linked the cost is $3000 with a PSU + shipping cost from China. So you most likely end up paying $3100. You also need to consider additional "unexpected" fees for cooling and other stuff. And there is always something ...
- mw108 replied Jan 1, 2018
People said the same about Bitcoin when it was at $30. Binance, Poloniex.
- mw108 replied Dec 26, 2017
In the end it all depends on the $ / kwH you pay. The cheaper, the better. But if you live in an area with high power prices, you'd have to mine 24/7 for a whole year just to amortize the cost of the ASIC miner, given BTC price keeps stable or keeps ...
- mw108 replied Dec 24, 2017
Man, what an "overconfident 'wisdom-spreading' smart-guy" you are. I'm tired trying to explain you my point of view and where you are wrong in your assumptions and conclusions, especially if you too completely miss the point over and over again. So ...
- mw108 replied Dec 24, 2017
I shared my estimations on 18th (Mo) evening and 21st (Thu) morning before anything happened. I said to be ready to jump off and that I shifted my portfolio over the last weeks based on that. Or in other words I started selling my BTCs and BCHs. Did ...
- mw108 replied Dec 24, 2017
Yes. But you can't go into the Supermarket and pay with Gold and Silver. Back in the days you had Gold and Silver coins and they were accepted as payment. I don't know. But they do. See Etherum, IOTA, Verge, ... Not really. Behind the doors, Banks ...
- mw108 replied Dec 24, 2017
Yes. This too. Bitcoin was mainly used in the Darknet. Think it has been widely replaced by Dash and Zcash now. url However, USD is mainly used to fund drugs and war. But it isn't the currency which is bad. You can use a knife to kill other people ...
- mw108 replied Dec 24, 2017
Back then nobody believed that Gold and Silver will ever be replaced by Paper. Until it happened. Then nobody believed that this Paper money will not be backed by anything - namely Gold. Until it happened. Banks and companies around the world are ...
- mw108 replied Dec 24, 2017
Karl Denninger is just mad he didn't jump on the Hype Train when it wasn't rolling. No, joke aside. While he might be right to some degree, he is missing the point that fiat currencies are the biggest pyramid scheme. Those on top gain more and ...
- mw108 replied Dec 24, 2017
Sounds like a ponzi.
- mw108 replied Dec 23, 2017
As I said in an other thread: We don't know if the correction is already over yet. But as OneOracle said: It is within the "normal" range, compared to other "exit pumps". One of the biggest "crashes" in the recent years was 68% in 2013, which ...
- mw108 replied Dec 23, 2017
Not really the biggest correction. The biggest correction was at the end of 2013 when it fell from ~$1200 to $380 in a couple of days. Thats a 68.3% loss. We don't know if the pump is over yet, but we are now at "only" a 43.0% correction, which is ...
- mw108 replied Dec 23, 2017
You assume that he meant it like that, because you perceive it so. The picture and "words" of "OneOracle" only exist in your mind, the way you like it. Text communication is one of the most basic forms of communication. It lacks everything you'd ...
- mw108 replied Dec 23, 2017
You are unnecessarily harsh. Different people have different opinions. Thats what a forum is for: Discussing and sharing different thoughts. You should respect that, instead of getting down on him and make him shut up. It was predictable that after ...
- mw108 replied Dec 22, 2017
Still, it is nothing new. Bitcoin had price fluctuations of 50% in the past. Some Cryptos gained 90% or 140% in the past few days and lost 30-40% the day after. Normal madness I'd say.
- mw108 replied Dec 22, 2017
It is not only Bitcoin. Basically the whole Crypto market is in a free fall today. Most likely profit taking before Christmas. url image