Why do people join these sites when there rigged 95% of the time I mean land based casinos are bad but online even worse.
Actually I trust Bitcoin casinos more than Las Vegas and whatever. Bitcoin casinos, at least some have their codes released, the system is open source. With Las Vegas you never know what kind of tricks they are pulling. Obviously the odds are against you, thats the business. |
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What will be the value of one Bitcoin when the number of users (people that will want to use Bitcoin) will hit 21 millions?
At this point, if each user wanted to have 1 Bitcoin, will have to pay a certain number of $ or € or Y, whatever. I'm going with $ just because it's the most used around the world.
How many $ do you think that person, the n. 21 millionth, who wants to buy 1 BTC will have to pay to obtain it?
My wild guess is: 160000 $.
A lot more than we thing probably. Always take into account there are way less coins available than 21 million, a ton of them are lost forever, and a lot more aren't even mined yet, so if that threshold is surpassed the price goes higher. I cant honestly give you an exact number. I like the Xapo's CEO prediction: between 500.000 and 1 MM dollars. |
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I was wondering... with a lot of projects being developed to implement the best solution to the BTC scalability problem, What do you think could be the best solution for this widely known issue?
In my opinion and after reading countless hours of discussions of devs arguing with each other is... we don't really know. But what seems more logical to me personally is the Gavin approach, aka, keep incrementing the size in increments of 8mb across the next 40 years or so. Technological advancement should cater for the space. Also, add in LN as well. We need both sides. |
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Forget about anything that isn't dollar cost averaging aka spending a portion of your salary into Bitcoin monthly (a portion you can afford to lose). Forget about faucets and signature campaigns, don't pay you much. Wait at least until you are Sr Member to get something worth your time. other than that, focus on working and buying BTC or offering services for BTC directly.
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There are bots and hackers sending those bots inspecting around finding for gaps to get in and steal your BTC. Never leave a wallet without strong encryption, lesson learned the hard way. You didn't deserve 50 BTC being lost tho, thats too much money.
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I don't think there is a specific tactic to follow to increase adoption, it just happens naturally when the time is right. Case in point: In argentina BTC is extremely useful.
In the rest of the world were there arent serious monetary everyday problems we'll have to wait until goverment vanishes cash.
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How many of you still believe we will see it hit $1000 again?
We're not going to $1,000 anymore. We did that already. We're heading for $10,000 now. True, but we need to reach 1,000 again before we get there, obviously. The most important question is, will people panic sell past 1,000 in fear, and if they do, where will it fall to? Will you sell yourself and buy again? at what price? those are the questions that we should be asking. A lot of money could be done on a big 1K correction. The question is who has the balls to sell and buy back? |
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already done that my day job is signature campaign lol, job kill your life, with signature i can earn comfortably at home without paying any taxes on it, because i'm not selling bitcoin or anything, this is the best part of it
being payed directly in bitcoin with those kind of activity is fantastic
But when you want to buy something with it what are you going to do? Say for example, that BTC goes to 10K in the next years and you can afford a nice car or real state. How can one buy that with BTC without getting it taxed? When they ask where the money comes from what will you say? it came from "sig campaign?" i ask because a friend made a lot of money mining and a little with sig campaing too and is on the same boat. Has never sold or bought with fiat so goverment has no idea that he owns a couple thousands in BTC. bitcoin can't go to 10k without rising its usage all around the word, i mena there isn't a thing like bitcoin will have a high price but it's still not mainstream, those two thing go together so at 10k, it's very likely that many shop will already accept it, and aside from this there is open bazar coming, or if you prefer to use them now without dumping there is all4btc/purse.io Yeah but he's talking about buying something serious like a vehicle or a house, not some videogames. How are you going to buy something like that without setting the IRS alarms on? You may be able to directly buy a car and a house with BTC directly in the future (in fact you can now) but how are you supposed to avoid taxes anyway? you have to declare your properties. well besides an hourse there isn't anything big enough that interest me, car? i don't care i prefer to use bicycle it keeps me in shape, everything else is so small that will not alarms taxman Well, how are you going to pay a house then? And again like some other posters said, even if you buy directly with BTC, customs may inspect the package and see you are paying in BTC, if they see this on repeated times it may raise an alarm because you aren't taxing any of that money. this is true, but usually i prefer to not order materials from outside of europe union, exactly because i want to avoid controls from customs, if you order something in eu, they will not check anything tnx to the europe union i believe that if you're someone with an house already you can conduct your life buy paying anything else that does not cost too much like food or small HW, with bitcoin without paying taxes, but in any case it's better to stay under a certain amount per year If you hold some BTC for a decade+ you can be a potential millionaire. Are you saying you wouldn't be tempted to buy a better house? what's the point of being a millionaire if you can't use your wealth beyond groceries and a gaming computer? lol. |
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So the island would be a libertarian 0% taxes paradise I guess? Because no one would bother with it when the blockchain is 100% obfuscated. And dont get me wrong I love privacy, but I think people that are serving public jobs should have their money movements 100% transparent. Does Monero allow for switching between complete anon to transparent? Because BTC will eventually allow for that.
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He's clearly aware on BTC, he has been in a couple documentaries about it and has as well writen about it in his blog, he even had a shared podcast with Andreas Antonopoulous. Now, is he talking about Bitcoin? I hope so, because anything else that isn't Bitcoin for serious monetary uses is a complete joke. |
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its better to hold the money and not invest it anywhere, investing gives you only low percentage profit and you have to risk loosing the money even if you think that investment is safe, the safest place for your money is your bitcoin wallet
Ok but whats the use of holding all coins in wallet, atleast by invest one can earn small amount of money... i dont say that invest all coins but investing small amount can be good Having bitcoin alone is a gamble, since some actually believe it can just drop like crazy since its volatile. Then again what Id ask, is whats not volatile since almost everything is.. but yeah just in general some people actually leave some out to lend on the exchange threads to earn more bitcoin which is what id consider if you have rep. Well, the bankers are holding: How Many Here Own Bitcoin?" American Banker Conference #Bitcoin4Bankers  So you best be holding too. I would speculate with a certain % of your BTC on a few interesting alt projects and wait for solid gains. Example: Maidsafe went from 8K to 13K and I've been calling that one out for a while. Easy profits and I ain't selling anytime soon, too low. |
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BTC is rock solid at 290. Take into account we were stuck at 230 not long ago. We are making progress taking solid steps that stay instead of instant corrections. Stellar was probably your average altcoin pump. Congratulations for the lottery winners if you were holding those.
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I want to know what's exactly is the difference between those two services , I never tested any of them but I know how basically Bitmixer.io works and I didn't test Darkwallet because they said it's not Safe and not stabe and we should use it at our own risk. I thought Darkwallet is giving Off-chain transactions however from reading there website seems like it's not ? I saw that they use CoinJoin Mixing or something like that so what's exactly is the difference between those two and if it's just mixing then why it need so much money to get developped https://www.darkwallet.is/donate/ As far as I know Darkwallet is super advanced technology compared to the simplicity of a mixer which is not true anonymity (its centralized, you need trust from the mixer host). Darkwallet is anonymity decentralized. Im not sure about the technical details tho. |
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I just saw this very revealing pic on reddit: A bunch of bankers get asked if they own Bitcoin, and you can see what happens. Bankers arent idiots, they are buying and holding while the skeptics stay clueless and outside the train, sometimes spreading FUD as well. I guess not everyone can be a winner. |
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I was afraid of this bitcoin will end like this. Decentralization is great feature when everything works fine and there is no need for any changes.
Bitcoin must change in the future, changes to core protocol are inevitable, with this democracy style of making decisions we are really at disadvantage here.
As time changes software tends to get solidified (as described by Antonopolous himself). So it means its unavoidable that as time passes, making changes to the core is harder and harder, so we'll have to make changes on top of it and deal with it. |
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Somewhat logical prediction. We've been pressing the 300 limit hard, having passed it a couple of times im confident that we can go through a nice pump pushing 350 in no time.
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If the person taking your loan defaults, what happens? you simply lose your money? then whats the point? you are already taking a risk by having your coins outside your personal wallet, the least they could do is recover your loss.
What are the chances an A+ verified person will default on you? and what are the consequences? I don't understand this loaning business since if they default and nothing happens to them and you simply lose your money, it's gambling and tons of scammers will be all over the place on the daily. What stops a person from scaming you if they can ask for a loan, get the money, default and run without nothing happening? that sounds like free money, doesnt make sense to me.
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https://bitcointalk.org/index.php?topic=1133078.0Hey all, I started this poll in the Bitcoin forum room, it's about gathering data on bitcoin wealth by region. I think this would be really interesting data to collect. Others feel the same way. The best part to make this data collection most valuable is to get as much participation as possible. I know many people only follow certain forum rooms so it's quite possible that many of you don't frequent the Bitcoin forum room, hence my invitation to participate in the poll. Give it some thought. Follow the link. Take 20 seconds to complete the poll. I'd be grateful for your participation. Thank you. I already remember voting on this a while ago, but take into consideration tons of people here don't understand a word of english and might not vote. You should translate your thread in every language possible for a more accurate result. |
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bitcoin is not dead and still alive until now even bitcoin price is pretty low now not but more people interested to use bitcoin everyday ,and it is keeping bitcoin still alive maybe in the next 10 years
I think not only 10 years, maybe it still alive after 50 years. Because its so very useful in people and if its become the world currency, many countries can grow their economy in just one 1 using bitcoin, it can greatly affect the transaction speed. still too early to speculate bitcoin can alive up to 50 years, because 50 years is a very long while bitcoin is still 6 years of age while the selling price is also up and down Atm, bitcoin need stability, and imo stability can be earned only by adoption. So for me this seems like to be a huge monsterball And adoption can only be earned by having a solid software, and we are still at 0.11.0 days so it's a long way to go until we get there. |
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Only patience will bring price stability. Let things develop naturally and fiat money will find its way inside the Bitcoin ecosystem. As long as the software keeps betting better and fiat keeps scamming people it will happen sooner or later.
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