better to throw this in the speculation board, i'm holding like a mad child is holding his pacifier
it's a matter of time before we enter the moon phase, guaranteed, everyone know it
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maybe no one were using it, like it was said, it's not important if they accept it or not, if afterward no one will use, it would be pointless anyway
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they are buying and manipulating the market again with their dirty bot, on every exchange
i would not be surprised if those same walle of 32 btc on kraken, that i have already seen 3 times by now, are created by them
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it was done several tiem in the past, and it faded away quickly, some of those i think are rigged in some way, maybe the owener is running alt or bot to have better chance to wint he prize himself
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it's like saying that sha256 is bad for bitcoin, it's obviously good for bitcoin, it force an increase in demand in some way, even if it's not directly
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yeah, what i find funny, are those random man on youtube that bash bitcoin, by calling it a ponzi scheme when they are clearly supporting the biggest ponzi in history which is the whole fiat syetm, really ridiculous
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World is developing greate AI now. AI that has ability to developing themself sounds dangerous to me.
it would happen at some point, if the singualrity thing will be true, if human really think they can teleport and travel back in time one day having machine that builds other machines more advanced, is not even so hi-tech in comparison
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i think he mean the mining supply, which will be 1800 exactly, thus making it decreased from 3600
within 5 years anyway the impact of new coins will not be so important in any case
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I would wait till the price goes down some then invest long term .
well you're already losing 60 per btc right now, the price went from 230 to 290 today so it's a big loss already, for someone that was willing to buy many bitcoin prior this pump
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TBH i dont think mining worth anything good now a days. correct me if i'm wrong :/
well it depend on your electricity and how much you can spend as initial investements if you have the money there is a good opportunity right now with the s7 to have a nice profit
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Thanks for sharing. For me as a newbie, most of the 10 points were new to me. But I am wondering why Bitcoin is compared to a bank in this article? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) because bitcoin and bank are competitor, there is nothing else you can compare it to, to point its benefit we must see what bitcoin has to offer versus a bank system many of those points are already known nothing new on thi article really
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if that would be really the price, it would be very good with 900w consumption, and only half of the investment of his big brother, bu still with 3/4 of the power
i think they can still release another version with half the power and 1/3 of the cost
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With all the things in the news lately with Cryptsy, why would anybody want to put any trust in exchanges when they have the power to lock your account and ruin off with your money?
it must be said that cryptsy is one of the few exchange tha never got hacked, and they have a nice volume, to they have an overkill security but it seems that it is working, seeing how they were not violated even once
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Well i dont know but this week were the worst wekk all altcoins lost value ,now looks some altcoin is reborning and being pumped hard,but well its very difficult to invest at any altcoin with such volatility.Old coins ,like doge and litecoin looks more safe to invest .
Because this week bitcoin prices going up so other alt coins are going down. So when btc prices are moving up then better to keep coins in btc But last time bitcoin prices went up, litecoin prices went up. it was because of the halving of litecoin, in fact now it returned where it was with a x2 boost i'm sure it has nothing to do with bitcoin
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I have traded bitcoins for paypal in localobitcoins with no problem. Have you checked that?
well there are many trusted members there, i'm sure is not something extraordinary i would do it noly with member with many many trust and that hav already used paypal plenty of time
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it's a loss for sure, at best i could try to sell it at loss if i bought it, but it was never the case in the past, because i prefer to instamine, so the loss was not that big anyway
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if the reward would be bigger than bitcoin i'm sure miners would do it, miners are only mining for profit, not because they are really want to help bitcoin, it's sad but true
so everything that can guarantee them a big return, could meet their need to try it
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Making bitcoin quickly is only possible with trading and gambling. Both requires investment and both are riskier for your initial investment too.
Lending out is also a good way of making bitcoins.... Lending is riskier like bitcoin trading.... not if they give you a proper collateral, it's all about collateral in lending, for example here a good collateral would be their account, if they default you just sell their account instead trading need a deep experience, and even then you are at the mercy of bad luck
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Who really uses bitcoin- Ordinay folk like me, use btc to pay bills, buy prepaid cellphone loads, ordering stuff online, online gambling and change to fiat when in need.
Who is the typical bitcoin user- One who has knowledge about crypto, how it works and benefit the system.
Why does it matter- For bitcoin to grow, it needs mainstream adoption.
BTC won't be adopted; it's fishy, not regulated, slow and so on. The people likes regulations, safety, etc. BTC will remain for speculative trading, dark markets. It has no advantage over any traditional payment systems like debit/credit cards/bank wires and payment processors like Paypal. It's just "trendy" for now. Nothing more. The trend is for regulation(see the exchangers who are looking for licenses which means AML, KYC and GOVs rules in the end) and this will be the end of Bitcoin. Why? Because the dark market( over 85% from BTC) will leave this e-currency when it will be "regulated". yeah no advantages, like low fee, privacy, not-hackable while you spent a transaction, sure... with fiat if you leave your credid card credentials on some website they can steal all your funds, with bitcoin it's impossible
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