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Some rich people become addicts precisely because they are rich and at the beginning they see that gambling has no risk for them because they have so much spare money, but since they can't stop they gamble so much that it starts being a real problem. There have been lots of cases of very rich people losing millionaire fortunes in a matter of days due massive gambling sprees.
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If bitcoin is still around then, the number 2 will be litecoin.
It depends imo. Litecoin will need to keep getting developed. Is Litecoin still getting updates? will they get lighting network and sidechains too? They need to keep working on it if they want to be the real silver of crypto, otherwise it will keep stagnating to 0 just like the rest of alts. |
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No need to rush things. It may take longer than people think, but eventually we will definitely get the price to touch the magical $1000 barrier.
All the volatility as result of the panic dumps allow traders to increase their coin count, and thus for that reason I am happily taking advantage of this opportunity.
All signs are bullish where only one of the major Chinese exchanges getting "hacked" with tons of coins getting lost can get the price to go down badly.
True, but all im saying is, if we didn't had roger ver with is anti segwit agenda, we would be rising way faster, once segwit gets activated and people see the benefits and 0 negatives, and once we have segwit we could even consider a blocksize increase, but we have idiots stagnating bitcoin's progress right now. |
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Even if we have some idiots still don't understanding we need segwit, the price is still rising and we are soon going to pass 778. If we had segwit activating faster, this would be more fuel for our rocket and we would reach moon 10 times faster. But the upraise cannot be stopped no matter what. ATH in new year guaranteed.
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It's not that much of a difference. It happens all the time. For example in Bitcoinwisdom you can see several different exchanges in real life and there's always a difference from bitstamp to btc-e and to chinese exchanges.
The big difference in price that we have seen is in india where bitcoin has been 900+ recently
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Marketcap is large now, one news article doesn't move the price as easily as it used to.
Marketcap is still tiny if you put it in context with other businesses, currencies etc. But yeah I guess that it's now big enough that a single article can't do much, but ironically the price has been rising again in past hours and we are sitting at 770+. We are only a few dollars away to challenge again the 778 peak of the other day which I think we are going to pass soon. |
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But the thing is a lot of people that become rich end up bored of gambling because they lose the adrenaline of taking real risks. For rich people risking 1000 dollars is absolutely nothing, but for me 1000 dollars is a lot, and I would be extremely depressed losing 1000 dollars but really happy if I won. So 1000 dollars can deliver a great adrenaline rush. This gets up to the conclusion: rich people need to gamble tons more money to get any excitement.
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I wonder what will happen with Cristiano Ronaldo, apparently he is facing up to 6 years of jail because he has avoided up to 150 million euros in taxes regarding the football leaks thing.
Another footballer starts such as Neymar and Ozil also may face jail time.
I doubt all of those will be in jail for a single day since if you are super rich you never go to jail... but it would be interesting to see a league with all those stars gone.
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Wrong. Everyone with a functional brain is against raising the blocksize until we have segwit activated. The ones that are blocking segwit are the ones responsible of stagnating bitcoin's growth as a currency. If segwit doesn't activate, then bitcoin will remain as the best safe haven we have (better than gold) so it's still a very undervalued asset (marketcap could be on the trillion dollars potentially if it gets used as a better gold widespread).
So you are wrong and this thread is FUD.
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This is a very good question and is why we should all keep paper wallets in a place our loved ones have access to just incase we die. Of coarse it helps if they understand where to find it and how to use it. Not having a paper wallet for such circumstance is silly. Those bitcoin will be lost forever and the value would go through the roof since there so many missing coins.
If you don't specifically teach your trusted relatives how to decrypt and properly store your bitcoins, they will have to ask a third party in order to learn how to do so, risking getting scammed, or to search it over the internet and whatnot. If they are not computer literate people, it can lead to a big disaster. So if you plan in leaving your coins to relatives or your kids, you must teach them with all details how to properly get this done. |
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It's probably an act of heresy to say this, but the real explosive growth in Bitcoin acceptance would come if there was no privacy. It's been constantly dogged by reports of illegal and secret activities, and it would be good if it could move on from that. Let some other cryptocurrency pick up the "dark web" deals, and let Bitcoin become the respectable senior payment service that it is becoming.
But what's the point if there's no privacy? People will continue using Paypal etc. The main point of Bitcoin is that it is a system that works in the "void" outside of any government or permission. If you take this away, you take it's power away and it becomes some stupid fiat token, that's all. |
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Unfortunately it is how it goes if you want to deal with the banking system. Blame the banking system to be so damn slow and expensive while being centralized, and don't blame bitcoin. There is nothing we can do about this as soon as the banking system exists so you must deal with it.
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As Far As I Know, KimDotcom will be launching it next year or early first quarter of 2017. I am also eager to know his project since I know,it will have a great impact on bitcoin community. I am hoping his project develops,implemented and fully utilized to exploit its potential for the benefit of community.
I'm not so sure, whether his product will really be that innovative. Kim Dotcom is very good at marketing. He makes a lot of announcements, full of promises. However when it comes to real results, there is a lot less to show. Bitcoin and Bitcoin users don't need Mr. Dotcom, Bitcoin is working fine as it is. If he truly had the intention to improve Bitcoin, he would have joined the development community. But he lacks the abilities to make a meaningful contribution anyway. The projects of Kim Dotcom serve primarily the purpose to generate profits for him, which is o.k.. Expecting anything special is not realistic. ya.ya.yo! i agree with you, but like you said he is very good at marketing and that's the main point to bitcoin. if his idea will be revolutionary doest matter, all that matter is more buyers to bitcoin and price increasing  He said it would launch on 1/20/2017: https://cointelegraph.com/news/kim-dotcoms-megaupload-2bitcache-reaches-funding-target-now-whatStill unclear as to whether he needs SegWit changes to be activated prior to the launch, hopefully not. Well I would assume he is going to suffer without segwit because segwit fixes the malleability problem thing and this is always very useful specially when this guy wants to make something that relies in massive amounts of microtransactions. The idiots blocking segwit really dont know what they are doing to bitcoin. |
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Nothing, just nothing can ever replace the fun of going to the casino with your friend, specially in las vegas. Vegas is a magic city, with all the nice lights and stuff, it's very exciting to go there with some cash and blow it on gambling, even if you know you are most likely going to lose, who cares if you just do it for the thrills.
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Fuck $800
$5000-$10,000 or bust
We will there, its inevitable, but first we must break 778, then we will be at 800 in no time, and then we will hit 1k mental barrier, ATH mental barrier, and after that sky is the limit. The big mega pump from hell that sets us x1000 where we are at can happen at any random time. |
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I bought more bitcoin when it dipped at around 740 dollars, now we are back at 762, the uptrend continues and is still very strong. The path towards 800 is still happening so don't get tricked by the dips, just buy every dip and don't fall for panic sellers.
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Bitcoin is king, but gambling with altcoins can sometimes give you a lot more bitcoin and that's the point. For example, with the ETC pump if you bought at the beginning you could have x10 your initial investment and end up with a lot more BTC to store long term. Time is running out to make more BTC so we need alts to profit from pumps and dumps, no other way besides working and who wants to work right.
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It's just not possible to avoid certain taxes. For example, if you want to buy a car, it's going to be impossible to hide from the government, let alone hiding real state. You can't pretend to avoid taxes on a house or on terrain because the government is not stupid and will find out. So the only way you could avoid that is if there was no government but I don't see that happening... so there. The only thing you could avoid is if you buy small things, but serious things is impossible to avoid. I saw don't risk it and pay the taxes unless you are making so little money that it's not even worth it.
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Hard forks must be avoided at all costs and only be used if there is no other way to do something. For example, if someone launched a quantum attack against POW's current algo then the only way to protect us it would be to do a hard fork and change the mining algorithm to something else. Or if China gov banned all mining as theymos points here: I'm not sure that I'm convinced that hardforks are quite as bad as this article implies, but the article makes many good points. Though one thing that's important to keep in mind is that if we can never hardfork, then miners de facto control the network. For example, right now the Chinese government could completely shut down Bitcoin (or worse) because the majority of mining power is located in China. The only defense against this is the credible threat of a PoW change, which can only be done via hardfork. |
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Unless that giveaway is real money as bitcoin then for sure it can attract a lot of players. And yes their game is kinda boring already because of their game play. Just make it a real pokemon hunting on how the animated series go on, I don't know if devs are already working of it or else they are completely dumping their own creation.
It is just a hype when it was first release, after it some of my friends switch back to Clash of Clan  Yes, it the player can earn real money in bitcoin, it will take a hit in my opinion. Also, I read somewhere that mine craft also already implemented it that you can earn while playing but I can not confirm it. People are going back to clash of clans and minecraft because it's winter and the kids want to stay inside playing videogames since the weather is bad to be around running with your phone, but when the good weather comes back in a couple of months we will see the pokemon go hype go up again and people will start catching some too, specially because I predict nintendo will release new pokemons in summer. |
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