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Do you mean physical gold coins with a bitcoin paper wallet inside them ? I guess this is a good thing if it means people are more willing to diversify into gold as well as bitcoin. In a decade or so it will be interesting to see if the gold is worth more then the code's original contents.
So far bitcoin has been gold since those coins were first made, the gold bugs will say that in the end gold will be value that is highest as it is more durable.
My reckoning between the two, bitcoin is not something you should hold forever, its meant to be traded and made useful; where as a gold coin can be held from young age till you retire and serve a purpose in value
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If there is a hard fork, the BCC could be zero, and the BCU could be much higher. It depends on the final hashing power. It depends on the the block vote. But i think with this current condition and looks like we will see the bitcoin unlimited in the future. BU will become a destiny for the bitcoin. If bitcoin takes a different path this zero price condition wont happen immediately. They also will not wipe out the value of current holders, you will just be given the option to take that different fork. Saying stuff like that could really scare some. If theres two forks, you get coins in each one. Likely the price halves for a while till its decided which fork is strongest. If Im not correct on this, please feel free to correct me. BTC will not become worthless though |
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not too sure why there is much doom and gloom.
Sure BU is a "threat" but bitcoin has faced many threats before and in the longer run it has weathered them all fairly well.
Why is Bitcoin unlimited a threat, its just competition and bitcoin has plenty of alternatives already in operation that would be happy to take over. The threat would be from the number of miners who would switch and prefer to support that alternate system. I guess that part is new as most coins start from nowhere. Will we definitely end up with 2 tokens in equal amounts on 2 addresses, price wise that just seems to suggest the price halves and value overall is the same. Some confusion as people switch or decide which coin to hold or use but not as bad as it might appear? I would rather they make transactions compete in fees they pay for priority. This will then give the smallest transactions business to alt coins where it probably belongs ? The best solution is the most natural self adjusting. Does my opinion mean I should sell BU if I get any? |
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No man. Gerbil droppings are real wealth! Because I just said so! No need to back it up with anything like logic and evidence or other such nonsense! Invest in gerbil droppings today!
The ironic thing is fortunes have been made in manure. I think it was bird droppings or guano that was actively traded, it helps create good profitable crops As a manure, guano is a highly effective fertilizer due to its exceptionally high content of nitrogen, phosphate and potassium: nutrients essential for plant growth https://en.wikipedia.org/wiki/GuanoThere you go, but I dont know about gerbils so much. Meanwhile the cost of printing of a dollar is an additional burden on tax payers to use, but its ok because in that case we are subdising the farmers to grow the cotton that dollars are printed on. It would be better if they used crap for batches of money then the present system, kinda unbelievable. In that scenario I can only assume bitcoin will find a way to be useful and a better currency then the commodity of crap or the failure of dollar. Why is BTCchina volume appearing far lower now then year start. Is all of the current action not as significant. The chart for BTC In CNY looks better and possibly still in a process of gains if confirming above 6936. In dollar terms I think its sideways at best till 1073 is regained with apparent confidence |
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I have an old ebay account, several actually but just to start I'll do 1 purchase if you can send the bitcoin first. As you are a new member and Im happy to leave feedback on forum to confirm your legitimate offer, I think this is fair. Will we actually receive the goods being sold or this is purely for the feedback to be left I guess.
Let me know details via PM and I'll send details thanks
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I dont believe the results are accurate. With all the alt coin pumping going around and people trying to destroy BTC it seems.
Who should be voting ? surely only the votes of major miners counts, isnt that how a fork debate would work ? I'm kinda lost why disagreement cant be resolved/tested without risking loss of confidence |
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Price is free market. The cost of any commodity can fall below its available free market price, the force to determine a correct level is with the market not with the miners difficulty which is why difficulty is adjustable I think. Its very normal for operations to become unprofitable unfortunately, thats really a task for bitcoin to negotiate
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He started the thread just before 2016. When this thread started was the perfect time to buy, the darkest hour of the night is just before the dawn. Humans all make similar mistakes, end up running in herds of panic and markets can move like that. I need to track down if they are forking the bitcoin because that could be FUD or something real? Last Active: January 20, 2017, 02:03:47 PM Pity, he'd be a useful weather vane right now |
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seems to me that at this moment is good to dump some of your holdings and wait to buy later as all the charts shows that we have downtrend
The time to sell is the moment of peak strength when price is highest. I'd say that was nearer to 1270, right now its maybe best to look at the news that is causing doubts by so many that they dont want to hold. I'm not sure if I agree with this negative sentiment but the news or discussion on BTC protocol is the real read on future price movement |
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Well in my analysis bitcoin trend really shows good progress these few months from january to february, it has a good performance as wel. That is really a profitable record of bitcoin since the previous years drowned by its price in market, and now its a histotic happening that brings bitcoin into the peak of success.
So I should sell then. Better yet, you should panic sell at the bottom. Sell when everyone is buying is the standard wisdom and buy when others are selling. Thats basically sound because all buyers is similar to all passengers of a rowing boat standing on one side, its not stable and price becomes inaccurate and volatile. The problem is to judge when is everyone selling or is bitcoin just really volatile, prices move greatly from exaggerated trades on exchanges but the silent majority continue to hold and use bitcoin lightly. Are we seeing massive differences in bitcoin trade, day by day or is it much the same. My view is there is much doubt with every rise of bitcoin, there is no magical story backing bitcoin that people are clinging onto. The ETF thing has been around for years and once again the goal posts are moved. If anything at this point you should consider selling if they ever put that ETF through, I imagine this is part of the end game now. They'll only let BTC be official as an asset when its already succeeded and most growth is over ? If there is doubt on bitcoin rising and it continues, this is a balanced rise. Weak hands regularly take profits. I would like to judge if more people are using or at least trading bitcoin as viable or if the number drops. That will depend on China I guess, events there matter. From a TA perspective setting aside ETF, how far is this going to drop and where do we have solid support?
TA wise I see the chinese btc price as retracing 61% of its year start rise and fall. Its not especially weak then especially as volume has disappeared ? Is there some reason we see little volume now, that could be worrying I guess. At present low volume shows as bullish to neutral, we not pressing ahead in either direction. The dollar price and exchange may be much different as dollar itself is speculated on and has news on its rates etc. However most volume is in China so that should be the price to examine most closely. I previously said 1270 as a ceiling to surpass. IF you want a line to draw in the sand here, look for weakness below 1047. This would be a repeat of some February action when it climbed above, 1150 would mark good progress if maintained as a low not a declining ceiling. |
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Enabling 2FA is a good idea and once you have done that, it allows you to disable the email confirm. I found email confirm to be very slow for no good reason. The actual email to opt out however is instantaneous, as is the 2FA system.
Once past that you just have the blockchain delay itself. I waited till BTC had a block more then ten minutes ago and sent and it went pretty quick then.
*There is some strange setting enabled for BLK which stops it working for about 16 hours. Eventually it will clear but be warned. Poloniex is the only exchange which delays this coin in this way. I just sent BLK from my wallet and it confirmed the other end literally seconds later, shouldnt be more then 2 minutes normally.
There might be other coins delayed like that but the message you mentioned sounds like the email thing
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Very fast to use, simple, has a phone wallet QR if you need. You can just leave in a wallet and it will stake and give you some more coins with no effort really required just needs to be online. Cheap to send around the internet on any transaction size, quick so you are not waiting round for it to confirm forever. The price is quoted on bitcoinwisdom because its a well established alt coin now so its simple to check on. Its accepted a fair few places, I was using to to buy some tiny amounts of gold recently. Its useful to buy over time not in lump amounts. Ive used it to buy games a couple times. I think its got lots of spare capacity if the market wanted to use it some time bitcoin is slow/bloated, I reckon people will get fed up one day. They should nickname it blackbird because its like that old spyplane just idling ready to take off for the upper atmosphere  |
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If that was per year and btc was a stable 1000 that'd be a decent sized business operation. Shows alot of growth but we are not certain it will stick Those people who play with very huge amount to invest will surely consider 2% as a lot percentage.
Imagine 2% of 100 million dollar? 2 million dollar profit per year.
Thats a problem, size of a market. Depth of liquidity, something Buffet will mention when he talks about his percentages. If he had his first million again I think he insists he would be doubling it far faster then 20% a year given normal market opportunities. To direct a giant company like his and still make the large percentage without excess risk is whats impressive. The depth is why BTC got turned down for the ETF I think, it was not considered a mature enough market yet. |
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10 people ! clearly you dont know binary bro  1270 is 78.6% retracement of the recent irregular high to low and matches the more regular previous highs. Seems a fair place to mark significance in either holding as a ceiling or passing and establishing above for further gains. two types of people in the world https://youtu.be/gH10DQstVt4?t=190 |
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I am sure that, regardless of the price of cryptocurrency Fiat will exist. And he will also be valuable to some people. Cryptocurrency and Fiat - is a completely different system, and they can not be compared
Seems kinda ignoring the obvious use that both have which is to trade value between individuals. To barter one good for another is a difficult trade, the use of fungible currency is utility that increases wealth of society. Bitcoin does allow the description of a trade, which is what a worthless nickel coin also does. They have that much common, neither has to be accepted. The main difference is the overvalued nickel disc of metal is always accepted by government in payment of taxes. They will redeem no other value but they will reduce your taxes at least. The bitcoin has no bottom line of backing like that but again its a reasonable token of value. It lacks that second use perhaps, though bitcoin can used as a kind of ledger I think ? Fiat can collapse but I dont think it has to happen because bitcoin rose. They can default on debt and reestablish the currency as worth. They could also exchange old fiat to new fiat at a bad rate, this is a way to maintain the system of value wiping debts also. Russia did this in the late 90's The modern rouble is 10,000 : 1 with the old rouble |
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Nice returns from a low margin operation or is it still very profitable compared to most businesses because of low cost operations? Safe dice seems so basic, maybe I missed the main site or something. Is the way to invest in these operations only done manually via email or do some automatically let you put money in and out as you require, on demand basically ?
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so Miners fee is larger that the payment itself, and you are right it can be done by batches to minimize fees but the people who will actually do this is so minimal. Think please.
Whats the method for sending batches, just so we gain something from this ? This is a issue for bitcoin I think that could snowball into a larger cause of movements in price despite many thinking its just a speculative vehicle I think the trade matters. Is it viable for the smallest transactions or are we going to see it forced to only describe the larger transactions |
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(there were rumors that Saudi Arabian oil reserves are close to being depleted, but these may just be only rumors) In general the opposite is true of the area. Iran and Iraq have not received much recent development in their oil assets and have been cut off from modern development for decades almost. Its probable that Iraq exceeds Saudi in their reserves but does not have the infrastructure to access or transport in the way that their neighbours can do so cheaply. Obviously we have a war ongoing in Iraq still, the stability to gain the oil is not there but they arent in theory running out of it in potential. |
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The reason they ask for documents at all would be to do with anti laundering laws. Its one thing to run a betting shop and another to be host to dirty money and the tail end of a criminal empire, you can end up doing twenty years for taking part is such things. They have to have some caution and common sense to avoid suspect movements in accounts is my guess.
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Go guys!
In many cultures and countries is gambling consider as a bad thing which only the poorest and silliest ones do
If nobody in society took risks.... we'd be pretty backwards and pathetic in our ambitions. You think going to the moon was a sensible thing to do, really it wasnt. There was risk, a gamble and even now its debatable if the money was worth the effort Gambling is only a negative overall if done excessively, its definitely not the poorest which do it. Everywhere Ive seen have betting as a rich mans sport, you have to have something to gamble beforehand and the poorest dont. Its like any potential vice, in moderation its fine but it can also exploit that part of humanity which is ready to take risks some of which are needed for survival. Some people do extreme sports like parachuting or climbing to get their kicks and others take no risks or expend effort in any direction at all and maybe die of poor health from it. Nobody is perfect, I prefer sports gambling personally because I think thats more interesting and involving but a small bet on anything is fine. |
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