Page 8 of 14 FirstFirst ... 456789101112 ... LastLast
Results 141 to 160 of 268
  1. #141
    Sherlock's Avatar
    Sherlock is offline Public Member
    Join Date
    December 2013
    Location
    WC
    Posts
    4,073
    Thanks
    1,239
    Thanked 3,212 Times in 1,782 Posts

    Default

    Quote Originally Posted by elgoog View Post
    maybe it wasn't done with just a little money?
    From what I was watching the market it indeed were huge money for any individual, but not relatively to the market cap. The orderbooks are thin. Now as BCH is in downfall it can be seen as well.
    We are all bloodsucking ticks, hungry, devious
    each one latched on to the ass of the previous
    when the last and the first latch on it can be shown
    ass-blood sucked by the first from the last is his own

  2. #142
    Sherlock's Avatar
    Sherlock is offline Public Member
    Join Date
    December 2013
    Location
    WC
    Posts
    4,073
    Thanks
    1,239
    Thanked 3,212 Times in 1,782 Posts

    Default

    Billions of capitilization appeared out of the ether.
    It is directly connected to this:
    Quote Originally Posted by PROFRBcom View Post
    My advice is now what it has been to my customers all along... If you don't have to sell, don't sell anything. If you do want/have to sell, liquidate an equal portion of btc and bch. I try to follow crypto and I know enough to know that I have no special powers in picking the winner. If you owned bitcoin and managed to get your hands on both btc and bch, I say hold them in equal proportion and see what happens. Same goes for the new bitcoin gold btg... sell in equal proportions to your other coins and let the market decide rather than trying to outguess it.
    The billions do not come out of ether. They go from bitcoin.

    If bitcoin is forked and some price is set and most people neither buy or sell, then the value is "created" and stands there.

    The reason why btc forks does not vanish is because of the thinking that PROFRBcom suggests.
    Also the reason is that especially big players do not want to risk the security of cold wallets and because forks use the same private keys it takes time to reclaim the fork coins even for those who are willing to sell.

    It is risk vs. reward. Each manipulation with cold wallet and making new cold wallet bears some risks and cost a lot of time. Only idiots reclaim fork coins without brand new cold wallet.
    We are all bloodsucking ticks, hungry, devious
    each one latched on to the ass of the previous
    when the last and the first latch on it can be shown
    ass-blood sucked by the first from the last is his own

  3. The Following User Says Thank You to Sherlock For This Useful Post:

    -Shay- (13 November 2017)

  4. #143
    elgoog's Avatar
    elgoog is offline Private Member
    Join Date
    December 2006
    Location
    Europe
    Posts
    810
    Thanks
    536
    Thanked 298 Times in 196 Posts

  5. The Following User Says Thank You to elgoog For This Useful Post:

    Sherlock (13 November 2017)

  6. #144
    yeahfree is offline Private Member
    Join Date
    September 2011
    Location
    Mars
    Posts
    226
    Thanks
    36
    Thanked 161 Times in 92 Posts

    Default

    Quote Originally Posted by elgoog View Post
    Ignition, Bovada and Bodog actually accept Bitcoin Cash already since the end of October 2017

    i guess they just wanted to give it some extra attention again.....

  7. #145
    Muppet is offline Private Member
    Join Date
    December 2007
    Posts
    575
    Thanks
    165
    Thanked 659 Times in 289 Posts

    Default

    Yeah I wrote an angry email to their affiliate program today, saying basically that they have forced us to accept BTC but their latest payments take 3 days to come through due to the actions of their boss and his fraudster friends in trying to kill Bitcoin, and we take a haircut off our commission in the process. The idiots are forcing us to be paid and their customers to transact via a method that Ayre is actively trying to sabotage.

    So I am not surprised to see them trying to push BCH on his sites, along with the juvenile press releases and attempts to spread FUD and pump the BCH market. I said a long time ago this would happen.

  8. The Following User Says Thank You to Muppet For This Useful Post:

    TheGooner (13 November 2017)

  9. #146
    TheGooner's Avatar
    TheGooner is online now Private Member
    Join Date
    March 2007
    Location
    New Zealand
    Posts
    4,252
    Thanks
    1,942
    Thanked 4,204 Times in 1,999 Posts

    Default

    Indeed - given the recent price uncertainty - can I get my payments in ETH, LTC or XRP ?
    These seem stable currencies that are actually used for payments ...

    As for BTC and BCH - not so much.
    Crypto fanboy wars eh?

  10. The Following 3 Users Say Thank You to TheGooner For This Useful Post:

    -Shay- (14 November 2017), Muppet (13 November 2017), TheSpry (14 November 2017)

  11. #147
    Sherlock's Avatar
    Sherlock is offline Public Member
    Join Date
    December 2013
    Location
    WC
    Posts
    4,073
    Thanks
    1,239
    Thanked 3,212 Times in 1,782 Posts

    Default

    New article about Bitcoin at CA. I suggest to hire a better copywriter.
    https://calvinayre.com/2017/11/14/bi...ice-movements/

    I have nothing against being paid in BCH or any altcoin that has significant volume, although I think it is risky and inconvenient for affilates, but calling Bitcoin (BTC) Segwit and BitcoinCash (BCH) as Bitcoin is a bit too much. Even big blockers who are BCH lovers like Jihan Wu said that Bitcoin is Bitcoin and Bitcoin Cash is Bitcoin Cash. Everybody is calling Bitcoin a Bitcoin. This is like calling fat people oversized but much worse.

    So if I am paid by "Bitcoin" this month, should I expect BCH?

    Also the article contains obvious nonsense:
    Transaction costs depend on the supply and demand for miners to complete the transactions in the blockchain. A relatively high transaction cost simply means that the demand for miners (really the demand for transacting) is high while the supply of miners is low.
    This problem can be solved by either adding more miners, or increasing the efficiency of miners so they can handle more transactions with the tools at their disposal.
    More miners will not allow more transactions be processed through the network. More miners = more transactions is something that people who do not do anything with blockchains think.
    We are all bloodsucking ticks, hungry, devious
    each one latched on to the ass of the previous
    when the last and the first latch on it can be shown
    ass-blood sucked by the first from the last is his own

  12. #148
    elgoog's Avatar
    elgoog is offline Private Member
    Join Date
    December 2006
    Location
    Europe
    Posts
    810
    Thanks
    536
    Thanked 298 Times in 196 Posts

    Default

    @Gooner and Muppet
    Maybe don't exchange your received payments into fiat immediately after receiving them.
    if you would have left them as you received them since the start.......

  13. The Following 2 Users Say Thank You to elgoog For This Useful Post:

    Sherlock (15 November 2017), tg12345 (15 November 2017)

  14. #149
    tg12345 is offline Private Member
    Join Date
    January 2009
    Posts
    234
    Thanks
    21
    Thanked 103 Times in 71 Posts

    Default

    Quote Originally Posted by PROFRBcom View Post
    My advice is now what it has been to my customers all along... If you don't have to sell, don't sell anything. If you do want/have to sell, liquidate an equal portion of btc and bch. I try to follow crypto and I know enough to know that I have no special powers in picking the winner. If you owned bitcoin and managed to get your hands on both btc and bch, I say hold them in equal proportion and see what happens. Same goes for the new bitcoin gold btg... sell in equal proportions to your other coins and let the market decide rather than trying to outguess it.
    This is good. I've held all the BTC I've been paid, and I've doubled the amount of BCH I received, plus bought what use to be an equal chunk of ETH. I've given up trying to get in and out as I screw it up every time.

  15. #150
    TheGooner's Avatar
    TheGooner is online now Private Member
    Join Date
    March 2007
    Location
    New Zealand
    Posts
    4,252
    Thanks
    1,942
    Thanked 4,204 Times in 1,999 Posts

    Default

    Quote Originally Posted by elgoog View Post
    Maybe don't exchange your received payments into fiat immediately after receiving them.
    if you would have left them as you received them since the start.......
    Thanks for your investment advice ... I always find that planning investments is easy with hindsight too !


    Mind you even BTC doesn't always go up ... If you'd received bitcoin in December 2013 (valued at $1,000) then you'd have been waiting for THREE years to see that $1000 price again

    Seriously though - businesses need cashflow - businesses have to pay tax on income received.
    So when business invoices are received - I change them to "coin of the realm" as soon as it is practicable to receive full value.

    Some of that DOES involve me personally buying the business BTC as investments.
    I'm quite happy with the size of my PERSONAL crypto holdings ..

  16. The Following 2 Users Say Thank You to TheGooner For This Useful Post:

    -Shay- (15 November 2017), elgoog (15 November 2017)

  17. #151
    elgoog's Avatar
    elgoog is offline Private Member
    Join Date
    December 2006
    Location
    Europe
    Posts
    810
    Thanks
    536
    Thanked 298 Times in 196 Posts

    Default

    Ofcourse you are right Gooner

    allow me 2 sidenotes
    = it is not 2013 now, BTC seems more stable/trustfull/ok/accepted/mainstream than in 2013
    = You dont receive all your business earnings in BTC

    and a third one
    = with all respect to our big friend Calvin cs, BitcoinCash has not proven itself yet, i wouldn't accept commission in it


  18. The Following User Says Thank You to elgoog For This Useful Post:

    TheGooner (15 November 2017)

  19. #152
    TheGooner's Avatar
    TheGooner is online now Private Member
    Join Date
    March 2007
    Location
    New Zealand
    Posts
    4,252
    Thanks
    1,942
    Thanked 4,204 Times in 1,999 Posts

    Default

    Quote Originally Posted by elgoog View Post
    it is not 2013 now, BTC seems more stable/trustfull/ok/accepted/mainstream than in 2013
    Because THIS time it's different? Didn't you see the last two weeks.

  20. #153
    WagerX's Avatar
    WagerX is offline Public Member
    Join Date
    March 2006
    Posts
    2,263
    Thanks
    74
    Thanked 91 Times in 67 Posts

    Default

    Quote Originally Posted by TheGooner View Post
    Thanks for your investment advice ... I always find that planning investments is easy with hindsight too !


    ..
    Seriously though - businesses need cashflow - businesses have to pay tax on income received.
    So when business invoices are received - I change them to "coin of the realm" as soon as it is practicable to receive full value.
    yes, I agree. receive the BTC commissions as a value. Then invest based on the fiat value. You shouldn't blindly hold BTC just because you have it. you have to consider your long-term financial strategy. Easier said than done.

  21. #154
    Sherlock's Avatar
    Sherlock is offline Public Member
    Join Date
    December 2013
    Location
    WC
    Posts
    4,073
    Thanks
    1,239
    Thanked 3,212 Times in 1,782 Posts

    Default

    I have made many investment decisions in my life. From best to worst. Somehow I made it through. But blindly hodling bitcoin was the best decision of my life, because it so far raised my net worth approx by 500% (with not so crazy investment). And unlike my other work it was a nice passive income if I do not count the research.

    So it was the best strategy. And I believe it will in future as well.

    Taxes suck, that is why it is best to live in 0% tax. If I had to pay taxes, my head would not be clear and everything would be ****** up.

    edit: with low bank taxes take too much of money that can be reinvested into "crazy" projects, that in future will be shown as the most profitable
    with high bank taxes are not that big problem per se, but the administrative around it would drain all my energy out
    Last edited by Sherlock; 15 November 2017 at 9:19 pm.
    We are all bloodsucking ticks, hungry, devious
    each one latched on to the ass of the previous
    when the last and the first latch on it can be shown
    ass-blood sucked by the first from the last is his own

  22. The Following User Says Thank You to Sherlock For This Useful Post:

    ocreditor (16 November 2017)

  23. #155
    slotplayer is offline Private Member
    Join Date
    September 2006
    Posts
    1,040
    Thanks
    195
    Thanked 323 Times in 252 Posts

    Default

    Quote Originally Posted by tg12345 View Post
    This is good. I've held all the BTC I've been paid, and I've doubled the amount of BCH I received, plus bought what use to be an equal chunk of ETH. I've given up trying to get in and out as I screw it up every time.
    What do you mean you doubled the amount of BCH? Do you mean it doubled in price?

  24. #156
    Sherlock's Avatar
    Sherlock is offline Public Member
    Join Date
    December 2013
    Location
    WC
    Posts
    4,073
    Thanks
    1,239
    Thanked 3,212 Times in 1,782 Posts

    Default

    Quote Originally Posted by TheGooner View Post
    Because THIS time it's different? Didn't you see the last two weeks.
    It is absolutely different.

    Bitcoin last dips are bought in few days. The stability is there. Bitcoin survived many crisis and from each one came out stronger than before. The last one is ending exactly now as mempool is getting empty and miners return. Blatant case of https://en.wikipedia.org/wiki/Lindy_effect. The longer Bitcoin lasts, the higher has probability of survival. Combined with network effect it is a killer combo.

    The last 2 weeks were an attempt to hijack the bitcoin from some powerful figures holding BCH/BTC, but were are money against it. Bitcoin survived as BTC.

    On the other hand the price is 20-40x higher, so the expected ROI - albeit still big - is not that huge. The obvious is priced in a bit. But the biggest investors now are around the corner. It is not just speculation. It is reality.

    Recent surge is absolutely different than in 2013 and the correction will be as well.
    We are all bloodsucking ticks, hungry, devious
    each one latched on to the ass of the previous
    when the last and the first latch on it can be shown
    ass-blood sucked by the first from the last is his own

  25. The Following 2 Users Say Thank You to Sherlock For This Useful Post:

    elgoog (20 November 2017), ocreditor (16 November 2017)

  26. #157
    ocreditor's Avatar
    ocreditor is offline Private Member
    Join Date
    April 2009
    Location
    Israel
    Posts
    5,516
    Blog Entries
    1
    Thanks
    5,614
    Thanked 3,637 Times in 2,240 Posts

    Default

    Hold Bitcoin still good for the long term

  27. #158
    Cash Bonus's Avatar
    Cash Bonus is offline Private Member
    Join Date
    May 2014
    Posts
    3,871
    Thanks
    8,583
    Thanked 2,433 Times in 1,724 Posts

    Default

    Quote Originally Posted by ocreditor View Post
    Hold Bitcoin still good for the long term
    Yes, absolutely! Holding Bitcoin is still the best option when you're in it for the long term.

  28. #159
    ocreditor's Avatar
    ocreditor is offline Private Member
    Join Date
    April 2009
    Location
    Israel
    Posts
    5,516
    Blog Entries
    1
    Thanks
    5,614
    Thanked 3,637 Times in 2,240 Posts

    Default

    Quote Originally Posted by vtyunby65 View Post
    Yes, absolutely! Holding Bitcoin is still the best option when you're in it for the long term.
    Indeed, I agree with Sherlock about the investment part, holding bitcoin so far is the best investment decision in my life.

  29. The Following 2 Users Say Thank You to ocreditor For This Useful Post:

    Cash Bonus (16 November 2017), Sherlock (16 November 2017)

  30. #160
    Breakout Affiliates's Avatar
    Breakout Affiliates is offline Non-sponsor Affiliate Program
    Join Date
    May 2017
    Location
    Cape Town, South Africa
    Posts
    195
    Thanks
    34
    Thanked 136 Times in 99 Posts

    Default

    Quote Originally Posted by TheGooner View Post
    Fellow Bitcoin Holders (or Hodlers if you are).

    The split has occured and BitcoinCash is alive (just) - taking around 6 hours to mine a block.
    This will be sorted over time as the algo will detect the long delay and make it easier to mine BCH (Bitcoin Case).

    But for those of us who have picked up new BCH tokens the question is now what to do with them?
    Currently BCH are around 245 and BTC are 2750 - so 1 BTD is approximately 11 BCH

    So I see four choices.
    1/ Keep BCH in parallel with BTC. (hold both)
    2/ Sell the BCH to BTC. (Maximise BTC while BCH price is holding some value)
    3/ Sell the BCH for cash (Take the money as a dividend)
    4/ Sell some BTC for BCH (Hey - maybe you think the BCH is the future).

    What are you going to do?
    Will you sell BCH quickly, hold and wait, or buy more?

    I'll probably take the middle ground this week - hold and wait - how about you ?
    Go with option one! Keep holding both BCH has a big fanbase... it's basically bitcoin 2.0, and I think once people become aware of that it will blow up, but bitcoin will remain the king for now
    Mandy Goldberg
    Head of Affiliates
    Breakout Affiliates powered by 4KingMedia

    Skype: mandy.goldberg.affiliation
    https://breakoutaffiliates.com/
    https://breakoutcasino.com/
    https://breakoutpoker.com/
    https://breakoutgaming.com/

Page 8 of 14 FirstFirst ... 456789101112 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •