Messages

226

Trading / Re: The current trend on Bitcoin price

« on: March 30, 2019, 10:19:10 AM »

The current trend is a slow up trend. We do not need a rapid change of course, as it is followed by a rapid fall. The world does not need it. This is only my opinion

Yes, this is the best trend. Slowly and steadily, the price will rise. Because it is slow, most investors, will not pay attention. When it reaches, a high price, the next bull run will start. Be ready, and patient to get the profits.

227

Crypto Discussion / Re: Will be Bitcoin centralized?

« on: March 30, 2019, 04:28:39 AM »

Bitcoin was designed to be decentralized. Although, in practice, big mining farms, are a form of centralization. That's why proof of stake and other consensus find their way.

228

Crypto Discussion / Re: Bitcoin Miner Says Solar Energy Cuts Mining Costs By 75%

« on: March 28, 2019, 01:23:01 PM »

Yes it depends on everyone who has a lot of money to do a miner.

Sometimes, it is more profitable to have a low hash rate miner, with minimal expenses (cost of power), than big rigs, with high hash rate, and high electricity bills.

229

Crypto Discussion / Re: Is crypto bubble bursting finally?

« on: March 28, 2019, 01:19:50 PM »

I see no bubble. Blockchain and cryptocurrencies, are new technologies, that will take a long time, to mature. Till then, the people that ask for those services, will increase over time. The demand will keep growing, in the long run. After maturing, then we can start thinking about bubbles.

230

Crypto Discussion / Re: Bitcoin Miner Says Solar Energy Cuts Mining Costs By 75%

« on: March 27, 2019, 09:08:53 AM »

The problem with panels, is the batteries needed to store the energy for the night.  You need a bug investment, to have high power 24/7. I would get into Bitcoin mining, only if I had a creek with sufficient flow, to use hydro power. This works, 24/7 with low wattage generators.

231

Crypto Discussion / Re: Will bitcoin ever stop depending on fiat currency?

« on: March 27, 2019, 09:03:17 AM »

There are some services that can be paid with Bitcoin. I have used them for years. I just haven't managed yet, to get paid, in Bitcoin. If I manage that, fiat will be irrelevant, as I get my payment in Bitcoin, and spend it directly, without using fiat.

232

Crypto Discussion / Re: How safe are desktop wallets ?

« on: March 26, 2019, 01:00:44 PM »

Well i dont say myself a expert but as much as i have observed them, I think they are less safe if compare them with Hardware and other wallets.

Yes, they are less safe, compared to Hardware wallets, and Paper wallets. They are safer compared to online wallets (web services).

233

Crypto Discussion / Re: Will you invest in ripple ?

« on: March 26, 2019, 12:53:07 PM »

I think it is a good and potential coin for investment. Yes I invest in ripple. I think it gives profit in future.

Yes, I have already invested. It's one of the coins, that banks will use for transaction settlement, between them.