answer: we add another 21 mio.
That will never happen. The existing Bitcoin-holders will oppose any such move. Why should anyone agree to the dilution of their wealth? For example, I am having a 1% stake in Apple. One day, the Apple CEO comes out with an announcement that everyone's stake will be diluted by 50%. Why should I agree to any such measure? Yeah, there would be an uproar if this happened and it would devalue everybody else's coins. Besides, it doesn't need to happen as the fees by then will hopefully be substantial enough to keep the miners mining. More decimal places can be added if bitcoin's become so rare as well. Mining with just fees as reward is not really something to look forward to as pool. Currently, a block rewards you with around $5900 worth of Bitcoins. Let's say the average fee reward will be 0.15BTC per block at the time all coins are mined. You will need a single Bitcoin to be worth $40000 to get around $6000 worth of Bitcoin as a block reward. I really can't see Bitcoin go much higher than $5000, if ever.
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it's not a problem. there isn't a problem. why can't people not just accept that bitcoin won't go up each time just to give you profit. current price is exactly right. no reason to go higher now.
This. Glad there are people who know how things work. There are a lot people saying "the price is very low". Which isn't true. The price is at a very normal level.
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People here have too much free time I guess. Can't see any other reason why some one would open a thread like this just because the price goes up or down 3-4 bucks.
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It took me a few minutes to receive the reset password email from bitcointalk. The system works.
If after an hour still nothing shows up, then your email address is probably changed, or you simply registered your account with fake email data.
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I think it's quite weird that you can change your email address without first accepting the change via an email sent to the old email address. The hacker can change everything this way. Confirming every important profile change via an email sent to the main email address is normal nearly everywhere, but here not.
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I am glad that too much damage wasn't done and that too much personal information wasn't leaked. This is just one more example of the importance of using GPG when sending or receiving any kind of sensitive information.
Actually there is quite some damage. Passwords are irrelevant,as they can be changed. A lot of people are going to be targeted due to this - Last-used IP address and registration IP address
There are people who sometimes use a VPN, and some that don't use it at all. We will see what happens in the future. Hopefully the attacker gets found. For most people it doesn't matter if their IP address is now in the hands of the hacker, they will most likely target those with the highest ranks and based on how important that person is in the community.
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Falcao is back to AS Monaco. Glad to see that LVG did not use his BIN option. Di Maria also played his last match for United, however, I am not sure where he will go. I guess PSG.
I think potential transfer targets for United are; Hummels, Schweinsteiger, Bale, Cavani, Lloris, Khedira.
I also think Ronaldo will leave Real this season, I only hope he's not heading towards PSG. Would love to see him in England.
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$10k is a large number.
What would allow bitcoin to scale so high to that point? If you need backed up with your reasons of it outside from charts, then maybe like how its new core helps to prevent double spending or something technical.
We still have the block size issue 1mb, so until small details are fixed I dont see it to scale. So no.
There is no block size issue at this point. So many blocks don't even use more than 50% of the 1MB limit. The need for change right now is not there. Regarding op; keep dreaming.
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Most people don't really seem to believe it's a scam any more but they think it wont last or will fail. Good to see some mainstream journalist is in the pro-bitcoin camp though. These articles will surely recruit more users.
If people simply take the time to see what Bitcoin is, instead of taking things quoted by the media for granted, they would have seen what the full potential of Bitcoin really is. I am glad that more and more people are looking into Bitcoin with an eye on storing value outside the traditional and oldfashion financial ecosystem.
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As far as I can see no one had access to my account. I have set a stronger password just in case. Better safe than sorry. Credits to theymos for his hard work.
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Big picture? I think we're very lucky if we hit $300 this year. And even if we hit it, will we manage to stay above that level...
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If I Google Bitcoin I see first three adds and then the bitcoin.org website.
Funny thing is that the first website on page 1 seems to be a phising site or something like that as blockchain there is written as blockchaln.
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Well it is less volatile than most fiat currencies nowadays, but the volatility remains, though. Also, there are traders who try and play the markets so we can assume that they are adding into the volatility of the price. Supply and demand doesn't affect btc as much as other commodities are affected, that is one thing I observed in bitcoin's economy.
Volatility is not a bad thing. It gives us the opportunity to make profit on price swings. Which is also one of the reasons why it attracts wealthy investors. If volatility didn't exist, I probably would check the Bitcoin price once a week or so. Compared to plenty of times per day now.
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How come my trust rating nearly exploded compared to yesterday? Yesterday it was around ~ Trust: 5: -0 / +8 and now it shows as ~ Trust: 31: -0 / +5
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This is one of the typical, I agree, and I do not agree discussions. The security of the Blockchain as it is now, is currently only getting stronger. At this point no change is needed here.
But that's not the case when all coins are mined. POW then is basically worthless as miners would burn so much money just to keep the Blockchain/Bitcoin secure.
They are mining for obvious reasons, and certainly not to function as a charity farm or pool. Income of only transaction fees is simply not enough.
But then again, would POS in that case be a better option? Not sure. Will you reward people then for holding their coins in the wallet? Will you make exchanges extremely rich if so?
21M coin cap is and will stay at 21M I hope. Very difficult decesions need to be made at that time. Glad it is still far away.
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In my opinion all alt coins are scams. Some more than others.
This is coming from someone who got away with turning $3,000 into $50,000 from trading alt coins between 2013 and 2014 (Lite, Dark, Asia, Liberty, Voot).
I still feel somewhat dirty because I know a lot of people got trapped holding the bags.
Only Litecoin used to be legitimate and Darkcoin dev had good intentions too back then.
Only invest in alt coins if you are inside trading. Never try to chase a pump. You will get rekt.
Litecoin is still legitimate, one of the few coins where there was No premine by Dev. You also know the term insta-mining, right? If you closely investigate the addresses, and especially the addresses who received a massive amount of freshly mined litecoins at the very early stage of litecoin, you would see a pattern
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Its great to make predictions, but lets take some facts that bitcoin needs to solve.
I see a flaw within the coin itself, I`m a huge advocate for bitcoin. But, it has a serious double spending issue and just wondering what happens after its all mined, will we wait for 2 weeks for a transaction?
1mb block size limit, now imagine loads of transactions we need a upgraded bitcoin core.
Double spending is a problem for those of us who don't understand how things work. Double spending can easily be spotted. It's not a ghost that operates under the radar. At some point a fork will land and deal with the other issues you are talking about. The only thing I agree with as being a serious problem is once all Bitcoins are mined. You can't just expect pools and mining farms to burn lots of power and hardware for a few transaction fees, just to keep Bitcoin secure.
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http://www.bbc.co.uk/sport/0/football/32686137So who was shocked by Chelsea losing to West Brom? Shame Man City couldn't have caught up because this result surely would've made the last games on Sunday interesting. Few teams are still battling it out to avoid relegation, though. I can ensure you, if the title race was still alive, chelsea would of won but since there was practically nothing to play for the players didnt give their all, and that red card didnt help either This. Chelsea was totally not motivated. And I can't blame them for that. Although, conceding 3 for chelsea goals is a bit over the top.
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Within one month. Reserved price is $75
Why didn't you just start the auction at $75 when you won't sell it for anything below reserved price anyway? I take back my bid as it won't do anything. Good luck.
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Bitcoin for me is a way to avoid dealing with the government and banks. I like the idea of being the real owner of my money. Where can you store value digitally in a very secure manner without using third parties, and still be in full control of everything? You know the answer
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