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As Bitcoin price rises, it’s cheaper to mine. The most expensive part of mining is electricity use. Every miner knows his costs and we now see more miners online making money.
Why would the SEC have any jurisdiction on a Bitcoin halving? It’s not a security nor do exchanges dictate the process. It’s probably in the bitcoin white paper on how it all works.
From what I heard, 90% of the coins are held by big players, 10% is held at the retail investor, which is not enough to affect the price. My opinion only is this house of cards might fall if this turns out to be another Mt Gox. I'm glad I don't have any Tether. Get the popcorn ready.
Good post! How do you think the Bitfinex/Tether scam is going to unfold?
Hi tommer, That was my entire point about keeping your own wallet with your private keys. Mt Gox and now Bitfinex and tether coins, a fraud so never hurts to keep your crypto’s where you hold them. It’s just hard to know who to trust. Thanks for the Gemini info, didn’t know the twins owned that! I wouldn’t trust Binance as they leave you to believe they are decentralized, but if you read between the lines, they are not.
Hi tommer, I am a little skeptical about Coinbase as I wonder why you typically have to wait 5 days or so to pull your coins off the exchange? Is it because they truly don’t have them at the time? I just have more piece of mind just getting them out ASAP. I am not familiar with Gemini.
Trunkmonk, It’s not so much that bitcoin is corrupt, it’s the exchanges that are corrupt. A lot of them operate on a fractional reserve system that is corrupt. If you don’t hold your own crypto on your wallet ( Trezor, ledger) you don’t own it. Don’t keep crypto on any exchange or you risk losing them.
So true going for it. Not only are you totally right, Bitcoin gives you financial freedom from the banking system. The blockchain is the future!
What do you think about a trezor or nano? Pro’s Cons
Another helpful tip would be “ If you don’t hold it, you don’t own it” Best if people would take their crypto off the exchanges and put them in cold storage.
Maybe, maybe not. You have to ask yourself, there is a chance that your order won’t get filled if you wait for the rock bottom price. Is that worth the chance? If your a hodler what difference would it make to save a few bucks vs fomo?
Well look at the past history and the odds are against it. But you could be right, but highly speculative and wouldn’t take a chance
It can get worse, like when they do open up to share holders, they dilute the shares down again.
JMHO
If that’s the case, this board should no longer exist if the ticker changes. Good riddance!
You mean the NPWZ dog and pony show? LOL
Neah is nonsense
Can Neah produce power at .72 cents a watt? I think not. So how is that nonsense? There are plenty of different energy sources that are far cheaper. If Neah was such a great company, that was cost effective, they would have made sales and revenue years ago! It’s no secret that Neah won’t make it. They just string investors along with a end game of making payroll for DCouto.
Doesn’t matter any way. This company won’t go anywhere no matter what it does. It never cared about shareholders. There are plenty of competitors that are more cost effective leaving Neah in the dust. Better off with a lottery ticket or Bitcoin.
Much better off with Powerball than NPWZ pos.
As I’ve said many times before All hat No cattle! Your right on, no shame!
It’s overpriced the way it is now!
It doesn’t hurt to own some bitcoin. It is a different asset class, but has risk and reward potential. Anybody can open an account on Coinbase. You don’t have to buy a whole bitcoin. You can buy fractions of one or specific dollar amounts. Don’t invest money that you can’t afford to lose. If you are a long term investor, this investment just might pay off in the future maybe 5 years out. In my view, just another investment avenue.
The stock symbol for that company is ELCR which has gone no where with NPWZ a big nothing burger
That person should have known better. Of course you have to pay taxes on your gains as well as writing off your loses. The anonymity is pretty much gone if you sign up with “Coinbase” as they require your drivers license and banking information when you sign upon an exchange. It’s easy to do but firm regulation is on the way which would be a good thing. The falicy that bitcoin is only used for criminal activity is no worse than the US dollar used for illegal activity. Surely bitcoin is a volital class of investment, but should only invest in what you could afford to lose IMOO.
It’s been a lost cause with D’ do nothing at the helm. Not worth the time of day
“This stock should be over a dollar” LOL! I am surprised Neah is still a company. They cant even afford to file reports let alone sell anything except bs all these years.
Frankly No! Neah is a scam company. Why waste time or money in this pit? D Couto is a useless CEO. It’s always a new story, stringing shareholders along with no results. Always been All hat, no cattle!
Your claim is substantiated by what? More fake news?
Ha Ha Ha! Product launch date by Neah? Fake News!
Again to my point there is a certain point where string inverters are more cost effective vs. micro inverters regardless of code changes.
Just as all string inverters manufacturers will comply to keep their product on the market
No not at all! In the micro inverter space, Enphase is the industry leader! However there are other companies in the same space as enphase. Some of those companies won’t be around. Solar racking companies go out of business left and right.
NEC also changes with every new addition. Again local AHJ’s follow whatever addition the local governing body follows. I have worked in jurisdictions that follow 1990 era codes even though it’s 2018. Companies do go out of business you know, regardless of the product line.
Without any question” qualified electricians vs gym shoe electricians “ give you safe installations. On a cost basis over a certain KW range, string inverters are still cheaper to install. In large solar field arrays, string inverters and material are far cheaper and less labor intensive. Voltage drop being a major issue and the amount of micros that you can put on a string vs 1000v string inverters,
And you know a lot of AHJ’s don’t use the latest codes either.
Certain applications, and cost per watt with string inverters still have advantages over micro inverters. For residential applications, micros mote often than not are safer and easier to install
I am curious as to what other posters think about crypto currencies? Are we in a bubble or do you think we have a way to go?
Also Because NPWZ doesn’t and can’t afford to report. Not that there would be anything to report anyway.
Ah yes, Florida, the sunshine state where utilities hate solar. If you can compete with it, make it as difficult as possible or ban it.
And you do know that if the grid goes down, your solar goes down and doesn't backfeed into the grid. UL standard 1741 on all inverters. This applies to all grid tie solar.