Sold out… Feel not good with market…very danger situation
Feel Not Good, I think
ZEC $100
BTC $2500
But I hope i’m wrong .
you’re wrong, good bye!
i’m small miner, and i love my money
"Ruunnnn
there’s no need for you to be here, then. go mine something you believe in, and shitpost on their forums.
i do not think so, its weekend and many institutional players are not in work … we will se tomorrow
falling prices will push some miners away. sure. And profitability will rise again. Then miners will come back. and it will fall again.
Overall mining profits tend to even out with price shifts, even if the mining/trading markets are phase shifted from each other.
I think you have a right. This correction was already predicted by @TheSchramm and other marketeers.
Think there’s a 65% chance of a new Korean War. Wonder how that will affect markets. Cooler heads can still prevail, but should a hot war start …Our markets will be either bullish, or not… Still working on what might happen to our markets. Think i need to brush-up on war’s affects on national currencies. If the war’s being fought in your back-yard would imagine that’d be terrible for your national currency too.
They’d prolly need to inflate currency supply drastically to pay for war time goods, etc.
My (un-researched) opinion is “War is good for Cryptocurrency.”
Asian markets led the bearish correction. War is on their doorsteps; wouldn’t want to be holding too much flag currency… Will be very telling if Asian markets turn bullish tonight.
interesting http://thehill.com/homenews/administration/349058-trump-us-considering-stopping-all-trade-with-countries-doing-business
trump is not a warhawk. so this might be his plan (could be effective). if the administration moves forward with this policy; can tell 100% cryptocurrency will come-in-handy. privacy would be paramount (bullish).
What if : CryptoCurrency bubble and crash
What if : Nobody buy your coins anymore.
What if :
Tulip Mania
tulips rot …that was their achilles heel
I actually read up on the so called tulip mania. The whole thing happened in the land of contracts between wealthy dudes. They were making futures contracts, repurchase agreements, insurance on bets, etc. Most of it wasn’t real at all and the physical tulip bulbs rarely changed hands. Average people, for the most part, were not even involved except that they seemed to not be able to buy tulip bulbs for a while. Big deal. other flowers for the common man.
as for
What if : CryptoCurrency bubble and crash
What if : Nobody buy your coins anymore.
Totally possible. Currencies have little to no intrinsic value. The same goes for USD,EURO, GBP. Currencies have value as a medium of exchange and settlement of accounts. Blockchain currencies, in a bubble or not, still offer significant benefits over fiats.
If the US engages in war with PRK, I say cryptos will increase in utility. If you look at current legislation being entered into congress, theyre trying to restrict the movement of monies even more than ever. same for crypto too. US is trying to become even more totalitarian. What zcash offers with shielded transactions becomes even more valuable under that kind of oppression.
Bubbles form and burst all the time - otherwise there would be no price action.
Tulips you keep sayin’. Can you send tulips instantaneously and anonymously to pay someone thousands of miles away? Can you fit virtually unlimited value of tulips onto a small piece of paper, that only you have access to? Is there an online capital market for tulips open 24/7 every day of the year? Is there a kind of tulip that no one can take away from you no matter how powerful? Now, that would be one hell of a tulip to own.
Now you are talking Peace
Tomorow everything back and slow going up 300+.
Alert! Bumpy week ahead. Hang tight!
There isn’t going to be any war…such talk is madness and makes no sense from a world economic position. There won’t be any embargos against any nations doing biz with nk. Our economy will go down the toilet. Our executive leadership may be on a crazy train, but we have others who are not so reckless…but on point…the Price of ZEC…
Let’s see what happens this week. If it goes up, good! If it goes down…good for that since some miners will run away making more meat for the ones who stay :)
@AL888 Everything is on a downswing… it will get back up, it always does.
Short sighted 24hr view and not isolated to this currency…Monero, Neo etc etc…including bitcoin have all had corrections.