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1021  Economy / Economics / Re: what your plan for future ? and how to manage your time ? on: November 11, 2015, 03:21:21 PM
hello Im sure every one have "plan" for future
and please share what do you do to manage your time? to get your dream ?


i have dream to have 100BTC at 5year, but it's very hard to realize it


~Elyas772~

My future is to near or it is arrived. In the meaning that I have an age when the future is to near. It is today. In this kind of meaning I have very few things to realize for my near future. To give to my daughters a big future, to give them the right meaning of life and how to afford their life. They are young and need support. I'm trying to give all my experience to them. This is my primary aim for my near and more away future.

But I have another one "unrealized dream" which have to do with me and with my bitcoins. In this way my future seem like yours. Me too have desire to have as many bitcoin as I will be able to accumulate. I don't know if I will be ably to "taste" those because of my age but I am sure that my daughters will have to much from those. But if you will have not hope to taste those why accumulate then - may ask you. First because no one can know what must happen with bitcoin and can be possible that me taste those. Second, because I am a big fan of bitcoin. It is a big invention according to me and having bitcoin make me part of this invention. So I have pleasure seeing those increasing little by little and hoping that one day its price will go very high. And that day I will be here where I am to taste those. Smiley
1022  Bitcoin / Bitcoin Discussion / Re: Coinbase CEO Brian Armstrong calls the industry to fork Bitcoin Core on: November 11, 2015, 03:03:19 PM
Coinbase CEO Brian Armstrong calls the industry to fork Bitcoin Core by the end of December

Quote
In my view, Bitcoin XT is the best option I've seen so far. Not just because it has working code, but also because it has a simple implementation that is easy to understand, the block-size increases seem about right to me, and I have confidence in the people behind the project. My preference at this point would be to have Gavin step up as the final decision-maker on Bitcoin XT, and have the industry move to that solution with help from Mike Hearn, Jeff Garzik and others that wish to do so.”

The CEO believes an upgrade is urgently needed in order for the Bitcoin network to handle a sudden increase of Bitcoin usage. As such, Armstrong emphasized that Coinbase will not wait for consensus to form among the Bitcoin development community.

“We will upgrade regardless of whether Bitcoin Core is updated,” Armstrong said. “Capacity planning is something you should try to get ahead of. Growth can be unpredictable, and I want to remove all blockers to Bitcoin's success. I've been disappointed to see how slow Bitcoin Core has moved on this issue, and we're open to switching forks.”

https://bitcoinmagazine.com/articles/coinbase-ceo-brian-armstrong-bip-is-the-best-proposal-we-ve-seen-so-far-1446584055

Everyone understand that these discordances are only bad for bitcoin. I cannot understand how is possible that all these people who live with and mainly for bitcoin cannot find a solution for a so "easy" problem. The actual size of blocks is a problem which affect all the activity of bitcoin. Most of technicians of this field agree that the actual size is more problem than good for bitcoin. Hours to have confirmation. Most of the developers of bitcoin accept the fact that needed an increase of size of the blocks. Size less, size more, them accept the increase of block size. Why don't agree? Why don't be able to collaborate and arrive at an unique conclusion about such important thing which have months of discussion and risk the sure future development of bitcoin? I cannot understand such behavior. Seems like children which quarrel about the size of their ice cream and not for the future of a such important invention like bitcoin. Very bad. Very irresponsibly. Very risky. When and how will finish?
1023  Bitcoin / Bitcoin Discussion / Re: One of the most Biased articles ive ever read. (Financial Times) on: November 11, 2015, 02:37:36 PM
http://www.ft.com/cms/s/0/1877c388-8797-11e5-90de-f44762bf9896.html#axzz3r7J89upV

Quote
Bitcoin also lacks another feature of currencies: the balance sheet of a central bank standing behind it. They might be intangible, but a balance sheet has two sides to it, lists of assets and liabilities.
The bitcoin ledger, by comparison, is just a glorified list of liabilities, keeping track of where the bitcoins are located.


Your article given through your link is unreachable because to read it must pay. And I have not in mind to do this. So I am commenting only the part given by you in your main post. There are to much other things (an even more important that these given in your quoted post) that bitcoin don't have compared with the other classic and normal actual currencies. And to many "specialist" of the currencies claim those. Like, have nothing behind bitcoin, no one offer warranties for it (like the other national currencies which have their Central Banks which care about those) etc, etc.

Where is the problem with such kind of "specialists"? Everything told by them is some kind of scholastic lesson learn by them in the Universities they have studied. Have them right? That depends from the point of view. According to them and their studies for sure yes. According to me no.

Here the problem is to change the meaning of the currency. Every concept or word is enriched in time representing the new realities comes from the development of society, economy or technology. As it can be seen the actual concept and meaning of the term or product named "currency" need enrichment.

Bitcoin is for sure currency. For the simple reason that everyone can buy everything which is in sale with it. Even in giants like Microsoft or Dell. This is enough to be named currency. A new kind of currency never seen before. But it is a currency. The qualities of this currency must be reflected in the meaning which have actually the concept of currency. Maybe defining as a deviated currency compared with the normal ones. Or in another way. This can be discussed. But cannot be told never and cannot be put in discussion the being currency of it. It will be a stupidity such last discussion.
1024  Economy / Speculation / Re: big BTC players continue accumulation and barely ever sell. on: November 11, 2015, 10:15:48 AM
if you watch the biggest wallets, those over 1000 coins, who hold almost 50% of all BTC, you know how many they sold in the move from $500 to $300? guess?

28000 coins out of around 7 million. And I bet when the dust settles they will have even more coins than before this sell off.

so.... who do you think is running around like chicken little panic buying and panic selling? it is not the big boys.

big players are doing hold and / or accumulate, and have been for years now, that made my decision to get back into BTC.

Wait until ETF and halving occur, there will be less and less coins around to pump and dump.


If true mean that are very courageous. To sell in that price when bitcoin is unpredictable mean no worries even if you lost something of those. And this can be made only by big whalers. So it is not strange to be seen this thing. Me, with my few bitcoins, would have fear to do such things. I may lose all my bitcoins if the price of selling would be the lowest ones. And with bitcoin everything is possible. So, I prefer to not "play" with those like the above guys.
1025  Economy / Economics / Re: Flash crash? on: November 11, 2015, 09:01:32 AM
The price is still over $300. That is higher than a month ago. The price dropped from $500 to $350. It took several days. There is no flash crash.

i believe they were aiming at 300 since the beginning, but they pumped more to get some fish in and suck their little badget

if we hold the 300 at least it should increase again in the future to 500

300 is a psychologically important level. If the price stay around $300 for a few months, then the push to $500 or even higher is possible.

If the price will remain at 300 us dollar I think that it is not a big achievement. It is only to have the possibility to tell that the last increase was not like the normal ones did by bitcoin during all its story. But a little better. But just a little is not something important. The beginning price before the increase reached that amount two or three times so it is not a big thing if it will be stabilized there. It would been another thing if would be remained around the 380 us dollar as it was for 4-5 days. In that case we were able to tell that bitcoin has made a step ahead; as a currency and as a hope for the big future wondered by all of us.
1026  Economy / Economics / Re: [POLL] Will 1 BTC reach 1M $ comparable value in 10 years? on: November 11, 2015, 08:00:20 AM
Say what you think!

I don't think so. 1 millions us dollar for 1 bitcoin is a very high amount and even the most courageous of us cannot (must not) hope such price (at least according to me). We are in a situation in which most of the countries ignore bitcoin (that mean that the spread of it in those countries is nonexistent or very few), we have some countries which has banned it and some others who have regulated it (in various ways). This situation can't leave to many hopes about this prediction. But even if this situation would be much better I don't think that bitcoin will arrive that price someday. I will be more than happy if it will be possible such thing but, as for me, it is only a hopeless imagination.
1027  Economy / Economics / Re: what caused the increase in price of Bitcoin? on: November 10, 2015, 04:00:20 PM
what caused the increase in price of Bitcoin?

The rumors and various articles give as a main reason the increase of demand from China. The price in their exchanges was higher than in the other important ones in the world since 2-3 days before. Then this demand was spread in all those. Maybe there must be even some speculation but it would be only a few. The hope is that was the spread of bitcoin (in China) and the need of the people to have some bitcoin or even to have some more. But can be even the aim to transfer out of China big amounts of capital in bitcoin. In few words the sum of all the above and (who knows) even other unknown factors or histeria moments of the bitcoiners.
1028  Economy / Economics / Re: What plans do you have for your BTC stash? on: November 10, 2015, 10:00:35 AM
For sure I will hold. Or to tell better. I will hold mines. Everyone has its strategies about bitcoin and no one can give mind in what to do. Because bitcoin price is unpredictable. Everyone can tell only what he will do with him's bitcoins. And to explain him's why. I will hold my bitcoins because I hope to a much more higher price than the actual one. This mean hold those maybe for long time. But i will wait.

The first good sign that make me happy and make me 'wonder" about my dreams connected with bitcoin is its behavior the last bubble. The price rose with about 100% and then drop for about 50%. It is the 4 or 5 days today that the price is stable. If bitcoin will continue with this price this is the first sign that the theory about bitcoin have sense and can be verified. Everyone of use predicted before that with the spread of bitcoin will be higher price and less volatility. As it was told the increase of price was as a consequence of the higher demand from China. Not a speculation. The actual price testify that the increase of the demand (which normally mean more spread of knowledge about it and need to have some or more) brought a higher price. And less volatility. It was only one bubble. So, what was hoped was verified. If it will continue in this way (go high 100% and drop 50 or in other figures but the second one always less than the first) everyone of us has reason to have more true hopes about it.

Those hopes are one more reason for me to hold those.

Did you just hold it?
or maybe you are also trading your BTC. When the btc price going up almost 100%, sell..
and buy again when the price becomes normal?

I believes bitcoin price will keep going up (in my opinion) but just hold it and not to sell it until few years, i think that way only for big investment and not for people who just hold under 10BTC.

Yours are only words. How do you know that it will go down after 100% of increase? How do you know that the 100% will be the final higher price? If it will go 300% and then drop 100%? Or go 400% and stay there? I have lost my bitcoins forever in every of cases mentioned by me in this post. No one know the behavior of bitcoin. If you try to speculate with it you can lose (or win). I don't prefer to risk. That's why i want and prefer only to hold.
1029  Economy / Economics / Re: What plans do you have for your BTC stash? on: November 10, 2015, 09:42:05 AM
For sure I will hold. Or to tell better. I will hold mines. Everyone has its strategies about bitcoin and no one can give mind in what to do. Because bitcoin price is unpredictable. Everyone can tell only what he will do with him's bitcoins. And to explain him's why. I will hold my bitcoins because I hope to a much more higher price than the actual one. This mean hold those maybe for long time. But i will wait.

The first good sign that make me happy and make me 'wonder" about my dreams connected with bitcoin is its behavior the last bubble. The price rose with about 100% and then drop for about 50%. It is the 4 or 5 days today that the price is stable. If bitcoin will continue with this price this is the first sign that the theory about bitcoin have sense and can be verified. Everyone of use predicted before that with the spread of bitcoin will be higher price and less volatility. As it was told the increase of price was as a consequence of the higher demand from China. Not a speculation. The actual price testify that the increase of the demand (which normally mean more spread of knowledge about it and need to have some or more) brought a higher price. And less volatility. It was only one bubble. So, what was hoped was verified. If it will continue in this way (go high 100% and drop 50 or in other figures but the second one always less than the first) everyone of us has reason to have more true hopes about it.

Those hopes are one more reason for me to hold those.
1030  Economy / Speculation / Re: I think Bitcoin was designed to be (at least) 1M US$ per 1 BTC on: November 10, 2015, 09:16:12 AM
This is really just my speculation - but we are in speculation area so I will be happy if somebody post his findings as well.

The idea:
1 Satoshi is currently 0.00000001 BTC which is literally nothing in USD.

But try to multiply the 0.00000001 by 1 000 000 and you get to decent accounting number of 0.01 (https://www.google.com/search?q=0.00000001*1000000) which is 1 Cent.

Well we will not get to 1M USD per 1 BTC tomorrow (if ever) but I think it's safe to assume that by the time we get there nobody will care about 0.01 USD so it could be technically more than 1 M USD.

Also as far as I know it's not big deal to make Bitcoin divisible even further as long as there is consensus among developers and miners. But the original design 0.01 USD = 1 Satoshi I think is quite obvious and makes sense. While I don't consider myself anywhere near the mind that designed the original protocol I think even back then when Satoshi designed it I think this number came to Satoshi's mind.

What do you think?

I think that have no connection like the ones made from you. I am not sure about what I will write following because I am not a developer or programmer but I have seen even more zero in various sites when was written about amounts in bitcoin. I don't know if technically this can be possible or it is only an initiative of one or more sites but if yes that mean that the actual division of bitcoin is only a causality. But if even this thing mentioned by me is not possible I don't thing that Satoshi have such things in mind when invented bitcoin. He must have a brilliant brain but to imagine that 1 bitcoin one day must be equal with 1M us dollar and build its invention with this thing in mind seems very futuristic to me. Then why compared to us dollar? Bitcoin will have its value compared to every currency of the world. Or because us dollar is the main currency used in the world (leaving apart the national currency)? Mus be even this one reason. But, as for me, Satoshi when invented bitcoin has not in mind such kind of things. Bitcoin in itself is a big invention and the first of its era. As such needed to much mental exhaustion. This make almost impossible to think even such things like those written in the main post.
1031  Bitcoin / Bitcoin Discussion / Re: Bitcoin as a payment option, especially for the adult and entertainment industry on: November 10, 2015, 08:58:17 AM
If you are next week in Prague on the TES Show there is a little lecture about

„Bitcoin as a payment option, especially for the adult and entertainment industry“

on Wednesday, September 23rd at 2PM in the room Arabela 1-2.

There are topics like
  • Bitcoin as a payment method
  • Bitcoin as an payout service for webmaster
  • Bitcoin for Sexworker, Escort and Cam-Girl with payment in advance
  • Bitcoin-Businessmodels with "Bitcoin-Only" porn Sites like "Bitcoin Peep Show"

and one day later is „FinTech Panel Discussion“ on Thursday, September 24th at 3:30PM in the room Arabela 1-2.

Does the adult industry find the "big thing" for the bitcoin industry?

It is the most normal and logical thing. Bitcoin mean anonymity and there are to many the people who don't want to reveal their identity in doing adult things. No one want that him's wife know that he was with an escort during the "working weekend"? Or that him has seen and adult film in him's computer. With credit card every such kind of actions can be discovered. With bitcoin never. So the use of bitcoin realize all their desires. Give them the "prohibited apple" and no one can know that them have made one or more sins. This thing can be repeated how many times they want.

Why must not be bitcoin the preferred topic to be discussed in the adult panels and industry?
1032  Economy / Gambling discussion / Re: Gambling for a living or a living for Gambling? on: November 10, 2015, 08:43:25 AM
Hi Everyone..!!!

Why are you gambling,  you do it for gambling a living or a living for gambling?
Please share your opinion.
Thanks in advance.


Everyone must live fur much more things than gambling. Everyone must not gamble at all. The most two important consequences which can have someone who gamble in long term is loss of all him's money (profits + own money) and addiction. This mean ruin of your wealth and family and ruin of your health. This kind of thread which put gambling in the center of the life of the people are the most bad think made to do publicity to this evil. Anyone who gamble must know that if it is addicted (cannot stay without gamble) must find a good doctor to become healthy again and to discover again the right pleasures of the life.
1033  Other / Politics & Society / Re: Who did charlie hebdo? on: November 10, 2015, 08:32:42 AM
Post your opinions here.

It is difficult to interpret the behavior of the staff of Charlie Hebdo. There are to many factors which affect this event and can be different point of view. If you will be a radical Muslim the art of Charlie Hebdo is a sacrilege. They adore Muhammad and for them is prohibited to make him's exposure in any way in every kind of publication. For they Muhammad it's only one and this one is sacred. Cannot be touched and for more not wagering.

If you will have another religion probably will ignore it. Have no one importance if it would be God or person for the others. For the firsts is nothing.

As for me I think that has nothing bad to make the thing that did the staff of Charlie Hebdo. Me, have not such kind of scruples. Maybe this thing even can help all the Muslims to be more moderate and more open mind. But if I will be sure that the effect of my work can be as it was and had such kind of reactions in all the world of radical Muslims I would think twice before do this cartoon. Not for the fear of the actions that can be done after (because the staff of Charlie Hebdo have such reactions ongoing) but for the respect of the feelings of some billion peoples who adore it.
1034  Economy / Gambling discussion / Re: What Happen If Gambling was not introduced? on: November 10, 2015, 08:12:48 AM
If Gambling was not introduced then many people have to do the hard work for earning money.

If gambling was not introduced all the gamblers would have a wealthy and happy life, would have all the money ended at the pocket of the owners of casinos and online gambling sites, would have did to many other fantastic things with those money (maybe help the people in need), would be safe in their health (mental and physical) and would have much more time in their disposition to pass with their family, their friends and with every other person which gave them pleasure.

As for the earnings in gambling, even if they would exist (impossible thing) it will be better to do hard work than gamble. Work give everything while gambling not only give nothing but the most of times give bad.
1035  Economy / Services / Re: [OPEN] COINUT.COM ★ Signature Campaign ★ Pay per post ★ Weekly ★ on: November 09, 2015, 07:04:13 PM
izanagi, thanks for correcting my post count with the old and new rates combined.

To everybody, please count yourself and show from what posts the old rate should apply and from what posts the new rate should apply.

Make izanagi's job a little bit easier and do the calculations for him, that way, he only needs to check if it is correct and he can put it in the spreadsheet.

I did a big post with the number of posts with which must end my previous week (since it was very "difficult" to find it in my posts). With all the needed explanations and a big screenshot of my profile. The result was the number of posts of yesterday which mean 2 days later of the last day of the end of the previous week. So all the post of this 2 days gone for the previous week. And this was not the first time that he did this.

If it was impossible for him to see all that my post (or to find himself the last date of the previous week) and to do the same thing twice (after one my another post about this problem here in this thread) it was in vain for me to ask to give me more bitcoins like he made with you (and can do with the others). This kind of behaviour speak itself.

But no complaint. If he want me out I can go without problem.
1036  Bitcoin / Bitcoin Discussion / Re: What's stopping people from using bitcoin? on: November 09, 2015, 10:57:03 AM
Most people do not accept new things straight away. It will take time for most people to move to bitcoin and use it for daily purchase. It may take decades for bitcoin to be widely accepted currency.

I don't think so. Only for 6 years of life bitcoins has only here on bitcointalk more than 500 000 users. To not tell for others who don't prefer to be part of this forum. Only China has millions between users and miners. the spread will be every day much more than the previous. The results and even the last bubble of bitcoin is a clear signs of this spread. It was an increase of demand from China which is behind the increase of price for about 100% and its drop at 50% (at least this is the most probably reason told by most of the analysts). The remaining 50% which is reflected in the actual price of bitcoin compared to the one before the bubble is a clear sign of the increase of the people which know and want bitcoin. And this demand are mostly new people which want to be owner of some bitcoins.
1037  Economy / Gambling discussion / Re: How much can you earn with gambling? on: November 09, 2015, 10:14:33 AM
think of this, to a professional gambler, gambling is nothing more than a job. they dont play for fun, they play to win and make money so they can maintain their lifestyle.
and also most of them became a millionaire from their main job as a professional gambler and live with a glamorous lifestyle

All the above words are b....t. No one can become millionaire with gambling and no one can be professional in something that is not a profession. Gambling is almost 100% luck and don't need any skill. At least when is played in an casino against the machines. The machines or online gambling sites are programmed to give less and to take more. The problem is not that don't have winners. The problem is that the winners want (or will want if will continue to gamble in the days to come) to have always more. This is their end. Will lost all the profits and all their money. Have no possibility to have the same luck again.

As for the words of the quoted poster by me I invite him to give facts about its words. I have facts about my words. It is one my cousin which have lost its mind and have lost thousand of us dollars (always using new "strategies" learned by the most "experienced" gamblers). Fortunately after less of one year he was obligated by the family and other circumstances to leave gambling. The overall result of all this story is that him has yet today, after about 10 years, debit to pays.
1038  Economy / Speculation / Re: BECOME A MILLIONAIRE OPEN PROJECT: Turn 100$ into a true life. (0/100 COMPLETED) on: November 09, 2015, 09:57:51 AM
There are ten months from the beginning of your project and I have read some posts of the last 3-4 pages. I didn't find any investor to claim its earnings have investing with you. I have no patience and time to read all the pages but i see in your main thread this title:BECOME A MILLIONAIRE OPEN PROJECT: Turn 100$ into a true life. (0/100 COMPLETED).

Is the last part of your title the number of investors needed from you and the number of those which are in this project? If yes, I see that no one of the posters in this thread had the desire or is convinced but all your facts given continuously, to participate on it. Are 12 pages with posts and no one single investor. Don't make you this fact to think a little about your credibility? And about the "weight" of your "facts"?

If I will be you, after ten months of "work" and given "facts" about my one idea, and after such results, would close this thread and I will continue to work for myself to have profit only for me.

This people who posts there don't merit your attention. You must leave them without becoming millionaire because this is that they deserve.
1039  Bitcoin / Bitcoin Discussion / Re: What are you going to spend your bitcoin on? on: November 09, 2015, 09:35:34 AM
Hey guys. Its DOGE12321  Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley again. What are you guys going to use your bitcoin on when you get a substantial total.

For the moment I am trying to have as much as i can. Finding and looking every day for new ways to have some of those. So have in mind to not spend any of those. My strategy is very simple. Find and accumulate as much as I can and don't spend no one for at least 5 years. But can be even 10 years. Will depend everything form the price of bitcoin. I will begin the spent of some of those when the price will arrive the hoped one by me. If I will be in time, the first expenses will have to do with the payment of all the costs needed for the Universities of my two daughters. There are the most important things to do in the years to come. Then, after those, to see and to do.
1040  Bitcoin / Bitcoin Discussion / Re: What is happening with deleted btc wallets? on: November 09, 2015, 09:24:50 AM
As the topic's subject says my question is what happens to the bitcoins that were in deleted wallets? If they just dissapear what will happen when all the bitcoins will be mined? Bitcoins can't be printed out like banknotes isn't it?Smiley)

About the first question depends what kind of wallet you are talking about. If it is a bitcoin core wallet installed in your compute and you have saved your .dat file you can download a new wallet bitcoin core and replace the .dat file of the last one with the save from you. In this you will have all your bitcoins.

If the bitcoins will in an hard disk and you will destroy it without having any copy your bitcoins are gone forever. If the bitcoins are in a cold storage or in a deep cold storage or any other offline storage and you destroy physically those your bitcoins are again gone forever.

If your bitcoins are in an online wallet that depends from the option offered by every online wallet. I have bitcoin at coinbase for example. This online wallet offer protection from hacking (storing more than 97% of bitcoin offline) or even other protections. I have no knowledge about the other online wallets.

If there are bitcoin destroyed the overall number of those will be less. And yes bitcoin cannot be printed like the banknotes.
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