d2jsp
Log InRegister
d2jsp Forums > Off-Topic > General Chat > Investment & Finance > Bitcoin Pump ?
Prev12345Next
Add Reply New Topic New Poll
Member
Posts: 1,628
Joined: Sep 7 2017
Gold: 4.20
Warn: 10%
Nov 27 2017 05:39am
Quote (arw @ Nov 27 2017 12:47am)
Eth has grown 4x faster than BTC?
BTC is almost at 10k and reached a point where its harder to grow. Eth pump did 300 to 450 while BTC is up to 9.5k.
If it breaks its ATH at 10k+ ... you can be sure it'll be at 20k in no time.
10k $ is like the first big step for bitcoin.


Yes ETHs market cap has grown 4x faster this year.

E/ BTC will always go up in price - until the mining difficulty increases and miners leave - fees skyrocket along with the amount of time it takes to process a transaction (because you know we need those miners to confirm those transactions...) as a result, Alts are truly where the money is to be made at this point. Sure BTC might double, but it will surely fall due to the fail devs. Monero inc

This post was edited by HeNeedSumMilk on Nov 27 2017 05:45am
Member
Posts: 119,673
Joined: Jan 18 2008
Gold: 0.00
Nov 27 2017 05:48am
Quote (HeNeedSumMilk @ Nov 27 2017 06:39am)
Yes ETHs market cap has grown 4x faster this year.

E/ BTC will always go up in price - until the mining difficulty increases and miners leave - fees skyrocket along with the amount of time it takes to process a transaction (because you know we need those miners to confirm those transactions...) as a result, Alts are truly where the money is to be made at this point. Sure BTC might double, but it will surely fall due to the fail devs. Monero inc


yeah, this is why I am getting out of btc
Member
Posts: 1,628
Joined: Sep 7 2017
Gold: 4.20
Warn: 10%
Nov 27 2017 05:54am
Quote (Whiskers @ Nov 27 2017 06:48am)
yeah, this is why I am getting out of btc


Its definitely risky.

At least with alt coins you can get your money out quickly if it does start to go down.. with BTC if you get in too deep, theres a chance you arent getting out.

My portfolio consists of mostly Monero, Bitcoin Cash, Litecoin, and Eth now
Member
Posts: 41,466
Joined: Jul 9 2005
Gold: 4,673.69
Nov 27 2017 06:01am
Quote (Gasdrinker @ 27 Nov 2017 13:08)
It's over due for a crash. I could care less tbh, I'm just going to cash out and buy another house.


Then you won't need your FG and you can donate it to me :P :)
Member
Posts: 7,324
Joined: Dec 22 2002
Gold: 1,261.00
Nov 27 2017 12:27pm
Quote (HeNeedSumMilk @ Nov 27 2017 04:39am)
Yes ETHs market cap has grown 4x faster this year.

E/ BTC will always go up in price - until the mining difficulty increases and miners leave - fees skyrocket along with the amount of time it takes to process a transaction (because you know we need those miners to confirm those transactions...) as a result, Alts are truly where the money is to be made at this point. Sure BTC might double, but it will surely fall due to the fail devs. Monero inc


Except the difficulty will auto-adjust to keep the time it takes to process a transaction constant. The network was designed to operate the same regardless of how many miners there are.
Member
Posts: 1,628
Joined: Sep 7 2017
Gold: 4.20
Warn: 10%
Nov 28 2017 01:46am
Quote (russian @ Nov 27 2017 01:27pm)
Except the difficulty will auto-adjust to keep the time it takes to process a transaction constant. The network was designed to operate the same regardless of how many miners there are.


Sounds good on the whitepaper, but it doesn't quite work as planned.
Member
Posts: 7,324
Joined: Dec 22 2002
Gold: 1,261.00
Nov 28 2017 06:22pm
Quote (HeNeedSumMilk @ Nov 28 2017 12:46am)
Sounds good on the whitepaper, but it doesn't quite work as planned.


If it didn't work as planned, why would difficulty increase in the first place?
Member
Posts: 51,221
Joined: Jun 3 2010
Gold: 0.69
Warn: 50%
Nov 28 2017 06:29pm
Now that the big bang theory is talking about it i really want it to crash
Member
Posts: 1,628
Joined: Sep 7 2017
Gold: 4.20
Warn: 10%
Dec 1 2017 03:26pm
Quote (russian @ Nov 28 2017 07:22pm)
If it didn't work as planned, why would difficulty increase in the first place?


? I'm not here to educate you on basics of cryptocurrencies.

Read
Member
Posts: 7,324
Joined: Dec 22 2002
Gold: 1,261.00
Dec 1 2017 05:14pm
Quote (HeNeedSumMilk @ Dec 1 2017 02:26pm)
? I'm not here to educate you on basics of cryptocurrencies.

Read


You clearly don't understand the basics yourself. You first claim that difficulty will change ("mining difficulty increases"), then say that difficulty doesn't actually change ("doesn't quite work"). You are contradicting yourself.
Go Back To Investment & Finance Topic List
Prev12345Next
Add Reply New Topic New Poll