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Maybe it can compete with (old) I7 but I recommend you to forget this shit. You will get nothing by doing such experient but wasting your time.
If I'm saying, it's maybe an unique way to destroy your phone by mining a dust amount of money and making your phone explode but well it's all up to you.
better sell that phone to buy a graphic card to mine so you will have better hashrate.
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From my opinion, yes it is, bitcoin is just too complicated for normies that rarely surf deeper into the internet or never ever trying to know how things work in the internet. and these people, also rarely use paypal aswell
Maybe some people need to develop a software that making the usage of all these cryptocurrencies easier, without the need of knowing the basic knowledge of what is address, sha-256, json, or else.
But man, if the guy you explained that further with the most possible simplest material still don't get it, better to leave it out.
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Actually, not surprised at all, the price have been predicted by many profesionals and it will reach $10,000 very soon because bitcoin has now becoming popular and already published in so many media either through news or advertisement of ICOS, while the supply remains the same.
If just 50 Millions people join the bitcoin community, you can predict how far the price will go.
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https://bitcointalk.org/index.php?topic=1096611.0 And there are older topics about this matter. Like in second comment from OP This could bring another revolution in the cryptocurrency market. Till now no official statement has been issued that will Amazon introduce new mode of payment i.e. Bitcoin in their system. But as for now nearly 5,381 petitioners have signed the campaign in demand of introduction of bitcoin in the system so Amazon might think upon it. Also, Amazon was one of the early e-commerce trading companies and many new e-commerce companies follow its foot-step if they legalize Bitcoin then many other e-commerce companies and other companies may also start accepting the bitcoins. Hence making it as a new revolution.
Let's wait till October 26th and find out. We need to wait and find out! Amazon is very big company and if they start to accept bitcoins that will make bitcoin more popular and trusted. I will not believe in this until it happens, I`m sure that one day they will start to accept bitcoins as payment method but when will that happen depends from them. Will they accept bitcoin directly or they will use service like bitpay is also important. 26 October is a month from now, that is not far away and soon we will know is this true or not. I`m sure that this can reflect on price and maybe bitcoin can really go to 10.000$ by the end of the year like some people predicted. I don`t see what else can make the price grow so much in just few months except this, I`m not sure that even this can enough for such price rise. Oh, come on! Amazon debunked such rumor and called it a fake news. Here is the post i made in the Press section about Amazon and bitcoin rumor. https://bitcointalk.org/index.php?topic=2223175.0Finally someone sharing a realiable information and after reading that press release, well, it's just misleading information from a blog post, yeah a blog post, what a stupid dumb who believes such thing LOL. People here should learn how to select information reliably, and trustworthy, not just reading a title. |
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Lending, not a good deal, I'd prefer investment in form of other stuff than this one. I actually prefer to invest into a stock and kickstarter aswell as ICO project.
But more preferably, owning few percent of shares from a growing company might be a really good thing than lending.
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I think that everything has now simplified specially for investors like you, I mean, the developers of a project will giving you a complete guide on how to either withdraw and invest your money.
It's as easy as transferring money and even easy for beginner.
Programming skills is just pretty much unnnecessary in this case unless you want to create your own project, or making up a new coin or else.
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If bitcoin will move up with such speed that the world may run out of dollars.
No need to worry about that, considering that the money printing has been going on for decades. Another thing is that the USD is just one of the various currencies that's being used to buy Bitcoin with -- YEN, KRW, CNY are the other giants in the game. On top of that, if you buy 1 BTC with $7000 right now, it doesn't mean that money will run out. It means that you just hand your fiat over to someone else, which in its turn will eventually use that fiat again to buy Bitcoin with -- fiat will keep circulating no matter what, constantly changing from 'owner'. That's how things go in an economy.  Thus it turns out that bitcoin encourages the use of Fiat? I am glad that the price is rising so high, but on the other hand, the government sees that the volume of bitcoin turnover acquires a large size and I think that now aktiviziruyutsya attempts to take taxes from users. This can significantly reduce our income. It's just ridiculous that people here just like you really hate the taxes while infact, the country main income is from taxes and they use it to develop the facilities. Well, maybe you just live in cave without using the facilities provided by government and just reject your citizenship so you all free from taxes and your "little part" of earning will not reduced. However, talking about the economy rules breaking, well, bitcoin didn't break any. It's just natural price pumps when the mass adoption coming. |
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Maybe it's a bit unlikely we reached $ 10,000 in november. we will achieve it no later than early 2018. it is amazing btc is always on the rise, it is not difficult to achieve everything. especially with bitcoin prices going up every day ... Not impossible, you see how bitcoin break new ATH just in few days and it's really awesome, and if it still keep continuing, the $10,000 new ATH can even be achieved within few weeks. The price increase is now so fast unlike then probably because the price increase affected by percentage not the amount of dollars. |
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We already passed 7000$ so now? lets be more serious about crypto coins. Try to open your mind and see its going for over 100.000$ in few years.
Its time to be hodler for all crypto coins.
correct please don't put ceiling when it comes to bitcoin price you are just fooling yourself because we all know that bitcoin price is limitless the more people demand for it the more value it will gain as many Large companies and corporations has already acknowledged bitcoin we can expect that bitcoin price will continue to rise and rise. Bitcoin can go beyond $10,000 because the supply limited to 21mln while people in this world, as you can see, billions. It's just really crazy seeing the price increase at the current time. Just like OP, he didnt have the faith to btc, and now proven to be wrong, brace your self guys, there might be some corrections ahead that dump the bitcoin world but 1 thing the most important, it will increase again just like today. |
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Almost $7400, Just my guess the peak will be around $7800 but who know. It's a hell of price pump that I'm myself not impressed but rather scared to the massive price correction.
The price pump just too fast, and if it's still keep continuing, maybe $10,000 within 3 days can be reached, that's really crazy.
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I would just hold, home bitcoin mining, only works if you have free electricity. And your mining hardware will most likely be outdated in a year or faster.
Use a little fractions of a bitcoin to trade, there’s a big momentum in all the lending ponzi coins right now, just get out fast.
Yes there is no doubt that bit coin mining is a profitable job but there is a major concern of the electricity so it is well and good but for those countries where the charges or the cost of electricity is low otherwise he will get not valuable profit from it, so investment and trading are good options for getting much more profit in a short span of time. The current electricity cost is nothing if you see the price of bitcoin has now reached $7000+. Even better if you can make your own nature friendly electricity source that could supply you without the need of paying the fee. So by concluding above, mining is still profitable and will cover the electricity cost by the high price of btc. thats why now the hash power increasing very much. |
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BTC Anyone got idea for investing in bitcoins than bitcoin mining which is already dead? Also not the captcha thingy faucet which needs thousands of clicks for just 0.0000XX btc per harvest? Thank you  Best way to invest your bitcoin is to learn Some Computer Languages like html5 , python , C++ , Java OR Photoshop OR design ads . If you have time and need Simple way post 1 post Daily and increase your rank after that Join Some services in services Forum . you can earn more than only watch some ads that give you some sat/hour What's that have something to do with learning those languages by the way, if you want to invest to bitcoin, you can just simply buy some that suitable to your money and then just hold it right? I don't think that you need those languages unless you want to start an ICO by offering a project which ofcourse require you to have programming skills. |
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Without these illegal transactions, bitcoin never would have got to where it is.
These illegal transactions are thee biggest use for bitcoin (as a currency) at the moment.
Is there any reliable sources regarding your (from my opinion that's just nonsense) statement? Maybe there's some percentage of the whole bitcoin market cap were involved to darknet transaction but I think that the major market cap of bitcoin comes from the trading activity and so on, one more thing is that, people would choose Monero that's untraceable than bitcoin. |
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Bitcoin can survive for a longtime because it has a future,so even if you invest now in the near future let say Two years one can still make profit.
Now the question, how is the future of bitcoin. whether it's good or bad, whether it will have even more value than currently or will just becoming dustcoin, how could you know? The future is still uncertain and by that, you can't know whether bitcoin could survive or not. Also, recommending people to invest even if you know nothing, plain dumb. |
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I would like to know your opinion on what factors cause the value of Bitcoin to drop. A brief explanation helps.
Its simple because in the economics world there's a law of supply and demand there are realationship between the price and the quantity ,quantities respond in the same direction as price change. It affects the bitcoin because. I.e if there's an increase in supplying bitcoin while the demand or US will still the same there are possibilities that the price of bitcoin goes down. But when bitcoin cap is reached, this theory may not be as true as it is now though. Because we can no longer create more bitcoins when it reaches is maximum decide number. People who invest to bitcoin seemed already know that bitcoin has max supply which is 21mil and whoever don't care about this important thing i must say, plain dumb. by the time, the price of bitcoin increase just like as you see now, primarily because people thinks bitcoin is rare and by its 21mil supply, its value will always rise. |
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What should we do keep your bitcoin, sell it, or buy more? now because I am a little skeptic, but I can see that there is no decreasing value of the the BTC...  i even still not get income from bitcoin then china and korea was banning bitcoin, i am afraid with this situation. Maybe this is mistake.. as i know, china not banned bitcoin but banned ico. China thinks ico is scam. Its scamed their citizen so thats why they banned ico. China just think that if they let all these ICOS going around through their region without even regulated by them, all their citizen money will be stolen by possible scam ICO. That's actually good to keep their citizens from the possibility of getting scammed by unquality, scam ICO, but the biggest disadvantage is that, their citizen can't have the chance of investing into some projects. |
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because they don't know how to demand taxes from this, and still fear for the economy of the country
They also fear that people would really put all their money to bitcoin not on the bank. As they cannot touch bitcoin they would probably banned this. Since it is a decentralized organization and government can't really touch them all they have to do is banned them. I'm afraid when it comes to our country as well. In case of paper money there are different types of tax which are implemented on money of the people like withholding tax, sale tax or other taxes but in case of bit coin it was a fear that the people will keep all their money in the shape of bit coin so their banks will stop working. I have to pay taxes in my country if i want to cash out my bitcoins it is not that bad for me because if you cash out a huge amount it does not seem like anything when you pay the taxes form it and it is not only the taxes. Because some of them used it in illegal activities and its easy of use for criminal purposes like transaction by bitcoin is highly anonymous so bitcoin can become a tool for crimes like money laundering, drug trafficking, tax evasion, illegal payment and many more. The blockchain from my very own perspective is rather transparent, all the transaction can be traced by simply using blockchain explorer, many people also said that bitcoin is not anonymous, so why still bothering with this matter. The government if they found a case that some criminals use bitcoin as the method for them to move their funds, could simply taking advantage of the already existed bitcoin blockchain explorer, so that's not the right reason you mentioned. |
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Bitcoin increase and decrease in price base on the rate of demand from the people who wish to buy or make an invest. Therefore, there is no way you'll want to get the genuine prediction of bitcoin without reading the latest news about bitcoin.
There's actually a way though, vast majority of traders always rely on rumours and news that could have the main role to the affection toward the price and they will always stay up to date to the news regarding crypto world. If you want an example, see what happened to bitcoin when there's rumour going around that China is going to banned the usage of bitcoin and its exchangers. It's just one of example from many cases. |
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I think not, if everything is guessing then better gambling because faster, trading would need a strong analysis and of course know in detail various issues and new news that affect the price.
OP said that it's "educated" guessing, not an entirely same thing compared to gambling which in this case pure speculation because none of data or statistic could point us to the right direction. I actually have the same opinion to "educated geussing" term, none of us know what will be happened to the altcoins we were investing few days ahead. basically guessing. |
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This sounds very good but this date is light years from now and till then we will witness many speculations and manipulations of price. Fud will be better organized, hatters will find new arguments. I'm only not sure if this is going to be a spike or steady nice growth. Now prices changes 300$ daily, when reaches 10k we could see 1000$ daily changing of a price. This will open whole new possibilities for large investors. You have made a very good point here. According to me, we are going to see more spikes at least until all the bitcoin are mined out or bought by investors. In the coming years, the demand will be really high and at that time the overall supply would be even less than the present one which will definitely be the reason behind the rate that you told here. Bitcoin will touch this target of 25k dollars within next five years for sure. That actually depends, if the demands increase, bitcoin must overcome scaling issues aswell, the transaction might even double or triple to what bitcoin has now currently. With this sluggish speed of confirmation, I actually don't expect that much. Just hoping that in the upcoming years, atleast, something usefull will be added to bitcoin system, and blockchain have found the solution to its scaling problem. |
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