~ the only thing that stands between crypto and mass adoption seemingly is the 'regulatory infrastructure,' ~
i strongly disagree. i can think of at least half a dozen other reasons why bitcoin is not yet mass adopted that have nothing to do with regulations at all. start from yourself. when was the last time you "spent" bitcoin if ever? why aren't you doing that? and that simply is one of the biggest reasons why! the volatility and the "hope for big profit" has made people only consider bitcoin as investment for the time being. and also the same volatility (the big drops for example) has driven a lot of people away from adopting bitcoin. none of these have anything to do with regulations but they are the main reason why a supermarket for example doesn't accept bitcoin as payment.
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i would have smiled if this was made by literary anybody else and would have said nice April joke but considering how some other stuff from "Luke Dashjr" has been weird enough in the past that came come close to this one i am having a hard time smiling...
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when people enter into something they have no experience or knowledge about, no matter if it is a market or a business or basically anything else, they always find it "stressful" because they don't know what they are dealing with so knowing that, the solution is simple. just gain that experience in the market and try to analyze a lot. if you can't do that then you shouldn't enter it because it will lead to losses.
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Had I the bitcoin's embroidered blockchain, Enwrought with legacy and segwit transaction, The OP_DUP and the HASH160 and the dark OP Of EQUAL and VERIFY and the half CHECKSIG, I would spread the chain unto the network: But I, being poor, have only my SPV; I have spread my dreams unto the network; Download softly because you download on my dreams
plagiarize from Yeats
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this is outrageous, i never had a pet to have a name for it so i can't become verified. also my gender is of land attack type with a Humvee but the only option in the list is an air attack type with Helicopter. now i am stuck verifying myself.
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you'll have to find me first. i am standing next to Wally
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I see it from the speculative point of view based on the philosophy of Wyckoff, and is that the bitcoin in 2014 began its accumulation stage until 2017 when it began its bullish trend phase,
i think you might have zoomed out of the charts too much because you can not call a 500% rise in 2 years an "accumulation"! price started at $200 with lowest at $150 and went up to $900ish by 2017 which is the 500% rise which you call "accumulation" but that was actually part of the bull run. the "accumulation" stage only lasted a couple of months in 2015 where price (similar to now) was stable at $220 to $240 range.
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it is not longer sad or shocking or anything like that to anybody who has been around for at least a couple of months, let alone a couple of years. we have seen many of these types of "exchange hacks" most of which were either an insider job, or the exchange itself fake a hack while scamming its users. this is nearly a very common thing for exchanges to get "hacked" which is why everyone always repeats the same thing as "you should never leave any coins on exchanges". hopefully in a year or two we can see the current decentralized exchanges gain more popularity and grow in size so that they can replace these unsafe centralized ones.
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The other thing is this. Most ppl store passwords on these programs. So its not safe putting your 12 word or 24 word seed on it? Because someone still need to know your password to lastpass or keepass. But if someone installed malware or trojan, then it record your keystrokes so that means all your passwords are not safe?
well you want to use it in a safe/clean environment. if for example you use it on a computer that has a malware that can steal your encrypted keypass file + the password you enter in it, then it is obviously not going to be the safe way of using it. it would be like having a safe in your wall but instead of locking it, you leave the door open with your valuables inside!
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cryptocurrencies don't really have to be any different than any other assets you own, you just have to prepare a will and then in that will you should include all the necessary information that you think is needed for you next of kin to be able to have access to anything you might have. how you do it, can also depend on the size of your "wealth". having 0.5 bitcoin you can just write the private key down on a piece of paper! but having 10000BTC requires some more precautions because you don't want to reveal the keys that can be stolen before you pass on!
as for taxes it depends again on the size and on the country you live in. the tax laws are very different in different countries and you have to consult a professional for this.
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lets not forget that the "4 year" is the time that has taken once between the two ATHs not between the time bubble pops and the price starts rising. so your first part of the statement (4 year cycle is real) can be correct only if you think things are repeated that way but the second part (end year rally) is wrong because you forgot to look at the charts. the rallies last time started happening about a year and a half after the bubble burst. and even though i don't agree with things repeating the same way but price should be rising already and be up by the end of the year instead of starting then.
The only thing I know for sure is that I don’t see anything major happening until the halving of next year, even the litecoin halving slated for this year will have good effect on the market but not enough to bring the market out of the bear market fully into bull run but might set it on its part, the major halving expected to really turn the market round and make the major bull run is that of bitcoin which will not happen until next year, sure we will see some major signs this year irrespective of whatever everyone believe will be the course but not the complete bull run. So, let us all wait and see. actually i do believe that the halving is only coinciding with the rise and is not the reason. and it has never been the reason for the rises. that coincidence helps speed up the process though because it brings some hype and that always removes a lot of "fear of manipulation" from the market and people jump in where before they were standing around scared of some FUD or some manipulation dump. otherwise the real effects of halving are always only seen at least 3 months AFTER the event itself while the rise starts 1-2 months BEFORE the event.
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you should either post this topic in an investment oriented board like the speculation boards or trading discussion so that it makes sense or at least when you post it here you should not use the term "exit the blockchain technology"! because the "technology" has nothing to do with what you just said. you are only talking about it purely from an investment standpoint and it is correct with that view.
but technology-wise it makes sense sometimes to have that kind of supply distribution design. for example it makes perfect sense for Ether to have unlimited supply because it is not a currency, it is "fuel" for smart contracts and it having value doesn't make much sense. and the fact that it will lose its value over time should not matter because it is supposed to work like that.
but from an "investment" standpoint, a coin like that is not a good long term investment but also that is not the only thing you should consider. you should also consider the fact that coins like these are mostly pump and dumps so that pattern mostly controls their prices.
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this shows the real image of BTC.
It more of shows and confirms the real colors of those exchanges that fake their trading volume just to show up higher on the Coinmarketcap trading pairs and to show up higher on exchange rankings by trading volume. it also shows that every now and then people find some nonsense to exaggerate and link it to bitcoin to try and complain about. it seems like yesterday where they were complaining about bitcoin's energy usage/wastage every day you opened bitcointalk or basically looked on any other site specially new sites. now that that news has gotten old and overused they have found a new one!
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the real question is, are you in a rush to get your transaction confirmed within the next block?
if you are just sending coins from your Electrum (hot wallet?) to your Ledger Nano (cold storage?) then you probably don't care even if it takes a very long time to confirm. so you can put the smallest amount of fee possible which is currently 1 satoshi/byte and be fine. if you are too worried just enable RBF so that you can easily increase the fee in the future if you needed to speed it up for example if it took 1 week to confirm (which is highly unlikely these days).
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they are not brute forcing random addresses/private keys. they are solving a puzzle to find private keys that were intentionally placed in an extremely smaller space compared to actual private key range to be found easily.
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the most important news is always when we see actual adoption or we see anything that helps that actual adoption. for example this would have been great if the Canadian government has accepted bitcoin as a legal way of payment (as a currency) instead of just allowing it to be used to pay taxes in a small town. i remember there was some "talk" of the same category in US which has not yet happened. by the way your title is weird since it says "pay 'bitcoin' with bitcoin"
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there are two category of full nodes in my opinion. - bitcoin core and the alternatives that are built on top of it and have additional options. so this category will contain bitcoin core itself, Armory, bitcoin knots, ... - the standalone full node implementations that do not depend on bitcoin core. there are a couple of them. like gocoin, and i believe StratisBitcoinFullNode is that way too. there are some others that i am not familiar with either. the problem is that the first group are popular hence it is the safest option because popularity also means more reviewed and bugs are found. but the second group is less popular and have a high possibility of having bugs. as for others that may look like bitcoin nodes (like unlimited), since they are designed to enforce different consensus rules you can not categorize them as bitcoin nodes.
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Other than fiat, bitcoin is the second most popular mode of payment now esp.
that can't be right unless you categorize every payment method available under the term "fiat", which would include methods from banks, credit cards,... down to paypal, apple pay,.... in which case you are only separating payment methods into two groups with fiat in rank 1of2 and bitcoin in rank 2of2. otherwise bitcoin is far from being the second most popular mode of payment. if that were true price would have been $1 million at least! Your thoughts, guys? Do you think bitcoin will be soaring high again in the near future?
obviously yes! bitcoin is just getting started, it has a long way to go before we reach mass adoption and price stability with no more rises.
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i disagree, in fact i say IEOs are even less safe than ICOs because exchanges are involved. they don't care about legitimacy of the projects they advertise, they may only do it at first but eventually they will end up promoting only those that pay them the most. and before you know it you will start seeing only big scams being promoted in these exchanges that can cause so much damage to the whole market.
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Yeah i was thinking that it was pretty old. But seems like they had really fishy business models to behave that. Moving two billion in a single transaction, now that's something. I wonder if anyone would move an even larger amount in a single transaction today or especially when Bitcoin's price reach the roof again. Now that is a pretty interesting doubt i have. i think you need to check the links first before posting a comment next time. there was no "2 billion transfer in a single transaction", you are just making an assumption based on the title of this topic. if you go to the link posted by OP you can see that $2 billion (which OP is rounding up from $1.9) is the total received in 4333 transactions. besides, transaction sizes this big are not uncommon for exchanges' cold storage wallets. check out Bitfinex cold storage on rich list for an example.
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