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11321  Bitcoin / Bitcoin Discussion / Re: cash remains the only option if there's an emergency on: October 22, 2015, 09:33:53 AM
Zombie Apocalypse!!! We need some ZCoins bhahahahha.
Truth is , if there is a world wide emergency, cash will be totally useless, and so will bitcoin be. The only things with value are gonna be the things u need the most to survive. If u survive that is.

there will be always someone that could require it for weapons maybe, to fight zombie

accumulating when everyone else is indifferent to it, and becoming rich later, like satoshi did

In a post apocalypse world (caused by whatever reason) , the only thing i would be concerned is surviving, not securing my financial future , when the possibility to have one is so slim.

well after you survive you need something that could help you in the future, something that you could exchange, girls have an advantage there, because they can offer their body

you must find something else

You could offer your body too. Bhahahahhaah

while, tnx to the workout i have a good body, it's no where near as valuable as a good girl body
11322  Bitcoin / Bitcoin Discussion / Re: I am pretty confident we are the new wealthy elite, gentlemen. on: October 22, 2015, 09:29:04 AM
do you think bitcoin have a good future?and make us wealth or rich?

it's up to the people if they are willing to give bitcoin a chance, bitcoin is there nearly complete, it's not like bitcoin can force adoption by itself

it offer a better option in term of fee, if they continue to want to spend more for no reason i don't know what could make them move to bitcoin
11323  Bitcoin / Bitcoin Discussion / Re: cash remains the only option if there's an emergency on: October 22, 2015, 08:26:12 AM
Zombie Apocalypse!!! We need some ZCoins bhahahahha.
Truth is , if there is a world wide emergency, cash will be totally useless, and so will bitcoin be. The only things with value are gonna be the things u need the most to survive. If u survive that is.

there will be always someone that could require it for weapons maybe, to fight zombie

accumulating when everyone else is indifferent to it, and becoming rich later, like satoshi did

In a post apocalypse world (caused by whatever reason) , the only thing i would be concerned is surviving, not securing my financial future , when the possibility to have one is so slim.

well after you survive you need something that could help you in the future, something that you could exchange, girls have an advantage there, because they can offer their body

you must find something else
11324  Economy / Speculation / Re: BTC price "stability" is a joke: there is no stability. Only calm before storms. on: October 22, 2015, 07:35:14 AM
i doubt we could increase indefinitely, there must be stability at the end if you want this thing to flourish, unstable price is not very good for attracting new comers that have no interest in trading

i may agree that right now we need severe big pump and nothing else
11325  Economy / Speculation / Re: What Will Happen to Bitcoin??? on: October 22, 2015, 07:32:48 AM
i don't think so, but it could remain with low usage and thus making it a niche thing, which would be equal to being disappeared until the next big thing come out

if this will ever happen miners will leave and bitcoin will truly disappear

this is the outcome that we are all waiting for, the possibility is there, we need to wait and hope
11326  Bitcoin / Bitcoin Discussion / Re: cash remains the only option if there's an emergency on: October 22, 2015, 07:26:16 AM
Zombie Apocalypse!!! We need some ZCoins bhahahahha.
Truth is , if there is a world wide emergency, cash will be totally useless, and so will bitcoin be. The only things with value are gonna be the things u need the most to survive. If u survive that is.

there will be always someone that could require it for weapons maybe, to fight zombie

accumulating when everyone else is indifferent to it, and becoming rich later, like satoshi did
11327  Bitcoin / Bitcoin Discussion / Re: NEWS: Engineer from Twitter/Periscope says she is big fan of bitcoin online on: October 22, 2015, 07:22:56 AM
well this is nice, here a girl that don't just do sex cam to acquire bitcoin, but she actually care to help it grow

i hope their position is strong enough to actually help bitcoin through her job
11328  Bitcoin / Bitcoin Discussion / Re: Litecoin v. Bitcoin on: October 22, 2015, 07:20:15 AM
the free market will dictate what will be a success and what won't. I think the free market will pick many winners, not one

not many winners that do the exact same thing, and it's the only fault of litecoin for not being adopted yet, it does the same thing of bitcoin, so why we should have two same thing? when one is already struggling to suceed

well one could argue that we have master card and visa, that are the same thing, and thus it could be possible for crypto also, but crypto is not well seen, like fiat, it may be the insurmountable obstacle...
11329  Bitcoin / Bitcoin Discussion / Re: What exactly is bitcoin halving? on: October 22, 2015, 07:16:53 AM
So to conclude, there is really no reason why bitcoin price will go up after the 2nd halving?Only the supply and demand will really affect the price. But what if the price will not go up then what if the miners would not be interested into mining anymore because of the lesser reward, wouldn't that be a bad sign for bitcoin?  Undecided

fortunately, miners have some margin on their profit, they could, if the price will no rise, reduce the dumping a bit and  to put less pressure on the market, and hoping for some increase in the demand

while still maintain some profit, however i think that some of them at that point would begin to leave the scene slowly..
11330  Bitcoin / Bitcoin Discussion / Re: BITCOIN IS BETTER THAN WESTERN UNION ? on: October 22, 2015, 07:13:00 AM
I prefer to be paid in Western Unions, thank you very much.  

so you prefer to lose money on stupid expensive fees? for what for a better security? because you feel more regulated and not evading something

some people feel simply dirty using bitcoin, it could be another reason why they avoid it
11331  Bitcoin / Bitcoin Discussion / Re: Cryptocoinsnews: 80% of all bitcoin trades are conducted with Chinese yuan on: October 22, 2015, 07:11:10 AM
I think that just because China has a large population and cheap electricity. Shocked

and because they can actually produce there their chipset, because arabia, have also cheap electricity and not a small population, but there are no farms there
11332  Bitcoin / Bitcoin Discussion / Re: Deloitte: It’s Too Soon for Bitcoin to be Regulated on: October 22, 2015, 07:09:22 AM
the problem is that bitcoin in comparison to other, needs regulation much more to help the growth of its adoption and becoming bigger

and anyway bitcoin is already regulated in some area
11333  Economy / Economics / Re: Bitcoin or Gold? What would you pick? on: October 22, 2015, 07:02:19 AM
i would choose gold, stable price

everyone wants to collect gold for the future

Gold is a real material

The price of gold is more stable than bitcoin, however, you cannot use gold to buy goods or service easily. You have to convert the gold into fiat. However, there are many places accepting bitcoin.

it's only more stable because of the time frame of its stability, but if you take a look at both chart, both things had their value down for a quite big numbers

so the instability of gold vs bitcoin, is more spread in the time, but it's very akin
11334  Economy / Economics / Re: Tell me your predictions about Bitcoin on: October 22, 2015, 06:59:48 AM
What is the obstacles, challenges and problems that Bitcoin can face it in 5 years? How we can help Bitcoin to take more authoritative place in the world of currency system?

Bitcoin's value will be stable in the near future and it will attract more investors.


A stable price is good for bitcoin but in my predictions only a higher prices would attract more investors. Stale prices would make merchants hold their bitcoins as well as miners. Stable prices are opening point of higher prices. My prediction is higher prices than we can see stable prices.

yeah that's because the market cap is ridiculous, but when we reach a good value there, it will be no more necessary to have a bubble everytime to help adoption, steady grow would attract more the average joe

all this must appear before 2020 already, because of the miners
11335  Other / Beginners & Help / Re: General help + buy bitcoin in person (NY) on: October 22, 2015, 06:39:03 AM
why you don't use the new gemini exchange that is done purposely for NY citizens, and i would not do it with a stranger anyway there is risk of being arrested like it happened in the past

you can also use circle or many other alternative
11336  Bitcoin / Mining speculation / Re: Is mining dead ? on: October 22, 2015, 06:34:07 AM
We can say mining is a kind off dead now as now most of the btc dont want to invest money on. Asiic miners and waste money on bills... So slowly slowly miners are packing up from mining

Individual distributed miners yes.  The conglomerates are continuing to amass given the 50% growth we've seen over the past couple of months.

I'm earning just fine, the key is just having cheap electricity, under 0.04$/kWh really make it a completely different games for home miners.

Of course the biggest growth will be in data centers, but also home miners that decide to man up and get into this new thing called "Bitcoin" when they realize they could make bank because they pay 0.02-0.04$/kWh.

if they culd provide a cheap cloud , more cheap that hashnest, many miners could actually join the network, but with the maintanance fee their result is above 0.05, it's like you pay 0.1

because if it were 0.05 the roi would be 6 months
11337  Bitcoin / Mining speculation / Re: Block size limit: is it a problem? on: October 22, 2015, 06:32:22 AM
the difficulty will not increase indefinitely, right now there is an increase because new efficient miners are on the market, when there will be full distrubution of these the diff will stop again

miners know that with the next halving they must have  amargin of profit, from now already, so keep increasing the diff beyond their best efficiency it's not a good strategy
11338  Bitcoin / Mining speculation / Re: Avalon 6 Vs Antminer S7, which one you will choose? on: October 22, 2015, 06:30:05 AM
Finally , Avalon get the Avalon6 spec in public officially .



Avalon6 Specification
Hash rate:    3.65T±10%
Power at wall   1100W(power efficiency 90%)。
Quantity of chip   80
Power connector   4x 6PIN,you need to connect all 4 connectors when running
Cooling fan   12038, current min: 1.6A ,Max:2.8A
Max speed: 3800RPM
Temperature   Max Temperature of intake :38℃
Controller   Raspberry PI(version 1,B,B+),。
Each Raspberry PI can control 60 units
AUC   max 6 units can be connected in series with each AUC
Protection   The machine will not start when the fan is damaged 。
Dimension   136×150×334mm
Weight   4.8kg
INGRESS PROTECTION   IP20
Power supply   1200W 80 plus gold power supply recommended
Voltage:  min:11.7V   max: 12.2V



hey it's below the s7 but if the cost is half or around that, it could be a very good mienrs to start with, to bad it's 1100w, not good for residential houses
11339  Bitcoin / Mining speculation / Re: Want to start Mining in India with Solar Equipments on: October 22, 2015, 06:28:06 AM
It would be far cheaper to host with us than build a solar facility.

what is your rate? the usual 0.05?

i would advice solar only if you want to start small, and so with a small solar panel setup, which will cost more, then you expand everytime that you break even

but i would not go big with because it require an additional big investment on top of the miners
11340  Economy / Trading Discussion / Re: Is Holding Bitcoin a long time good way to make money? on: October 22, 2015, 06:24:20 AM
Holding is one of the better ways of investing in Bitcoin as the value grows overtime with relatively low risk.

well it's not really growing anymore, the holding strategy was more storng in the past, were bitcoin had no other way but goin g up, because it was starting from zero

the more we try to think that this thing can go up for whatever reasons, the more chances that it will not go up for the opposite reasons
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