IamRichard is right about Google+ being powerful, but it isn't powerful because it is a Google property. It's powerful because it is social media.
1. How is your stance on Google Authorship? Is it a 'must-have' if one were to create and grow a blog into something big one day? 2. How do you keyword research as of now? As one who recently got back into online marketing and SEO after a year, the google change on their keyword research really changed it for me.
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Cex.io has a referral program that pays 3% of referred users’ GH/s balance to you. I guess it's something..
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Have to go through a client, or Blockchain.info
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True. It may be too soon to say, but, I sold today at $360 and it's dropped to about ~$339 soon after.
@ $440
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Ah ok, So how do people trade bitcoins securely? I mean I use local bitcoin but the liquidity there isnt great and I can't sell that easily, It'd work for long term investing but on a Day to Day basis I don't think that's plausible, Is my best bet just to stick to Forex? Thanks
BTC-e and BitStamp are the best. If you americans can get in there, you definitely should. Of those 2, I think Bitstamp is the safest, with email confirmation on all withdrawals.
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The BTC ecosystem sounds contradictory. On one hand everybody says cryptocurrency will take over the world, but on the other hand, not to many people can even afford 1 BTC. How can it take over?
Well, there's m BTC and u BTC aka Millies and Mickies. Also you can break a bitcoin into 8 decimals, which makes it quadrillions of units. Saying bitcoin is expensive is a matter of perception and perspective, for instance it's pretty cheap compared to a $170.000 for a stock in Berkshire Hathaway A lot of BTC exchanges only let you buy a WHOLE bitcoin
With these high prices, a lot of people will be priced out, or the price will have to come back down to affordable levels.
Yes, A few exchanges Ive noticed let you buy fractions of 1BTC, but alot of exchanges dont
No
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1. If someone gets hold of the paper with the printed backup will they still need the password or will they be able to access my funds right away?
It depends what is printed on that paper you talk about. If the private key is there, then the first to realize it's a private key gains access the funds, obviously. Unless you are 100% sure nobody will access that document, you should either encrypt or 'cloak' it (make it look like a support code or something). 2. Imagining Armory ceases to exist, and I can't use it anymore, will I be able to regain access to the wallet? Maybe rebuild it with a different wallet software? I'm not that familiar with the Armory Wallet, but I would suggest you to store private keys to significant funds physically.
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No, demand is rising due to its technological advantages. Press help accelerate this, and while there may be crashes ahead of time, we are not anywhere near the top now.
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1 USD = 1.05 Canadian money
So 467 USD is equal to 488.7 canadian money
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offtopic; Does anyone have an estimate on how many bitcoin users are out there? at least traders on Gox / stamp / china
i think that number will be very, very difficult to ascertain. i don't even know where one would start. BTC-e has around 7-8k users online most of the time, and if you look at their market volume ( http://markets.blockchain.info/), they are following Stamp & Gox pretty good
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Buy as soon as possible. I have bought for family members at $125, $150, $250 & $330.. Thing is, it will still turn out be a really good investment when bitcoin goes 4 digits.
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Dear lord, another Google employee having fun on his 20% spare time.
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The only reason people traded their gold/silver for bills was because metals were hard to safeguard and inconvenient for trade. this is not true with bitcoin. Therefore no one would trade their bitcoins for "bitcoin bills" issued by the US government, except in very small amounts for convenience purposes (microtransactions, physical payments, etc)
Not "bitcoin bills." Rather, simply anyone could go to the bank and exchange their dollar or their bitcoin for, say, an ounce of silver. The point would be to place Bitcoin on an equal footing with the Dollar. Of course, nobody would go to the bank and get an ounce of silver at today's bitcoin prices. But everyone would become a bit leery about obtaining more bitcoins for investment purposes when the bank was saying that they were willing to give them only the same amount of silver for a bitcoin as for a dollar. They wouldn't know for sure what other folks were doing. So, they would be a little slower to buy or trade for bitcoins. Wouldn't this start to bring the dollar back up with relation to bitcoin? No, only idiots would sell their coins for those reasons you mentioned. Also while some people might be that stupid in the US, the majority of volume is in Asia.. Also, it would make it too much of a hassle for helicopter Ben if the dollar was based on actual metals..
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No crash. Not a real one, just corrections of different scales. The Gox thing can't happen again since we now have multiple exchanges, SR strengthened faith in the currency. It would take something new, and huge, to crash things at this point.
ye that's my impression as well.. a 80% crash seems so unlikely, last weekend buy-support came in after 25-30% drop if I'm right.
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Chart does not matter. China does not use Google, they use Baidu.
500 by Friday!
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guess 1,000$ / BTC will have a huge psychological impact. i predict a lot people to cash out. the far more important question is, will they get in again as they see price hitting support levels (and rising even higher than 1k)?
Maybe they've learned from those who cashed out at $50, $100, $200, $250, $300, $400.
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It's good to be a bear in a bull market :-) Sell tiny amount when the price goes up and buy when it drops. I would love to see 10000$ per BTC and hope we get there with as many crashes as possible -> more coins for me! I have found great difficulties in being a bear in this market. Even lost out of some profits cause I was 15% in USD.. Now I'm straight Buy-and-Hold
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I think the last chance to buy below $300 was last weekend.. Any historical data that points to a 80% crash is based on the assumption that our only exchange is MtGox, which is not the case anymore. I'm convinced that in a few years, anything below $1000/ BTC will be considered cheap. I cannot wait till next EU countries starts collapsing, I'm sure we will have a party in here.
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I often smile when I see people talking so much about the $500 and $1000 price points.. Have we not yet realized the majority of bitcoins are traded in the great land of China?
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