in my country's government does not yet support the use bitcoin as a virtual currency. Maybe they are too concerned about risks from the use of this currency, does not want anyone to lose a moment bitcoin very much in my country ..
they don't want anyone to not pay taxes that's their biggest concern, don't be fooled by a centralized authority, they don't care about their citizens, they only care about no going bankruptcy, btw can i ask which nation is this?
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while 500 sounds reasonable for a good prediction for the end of the years a, there is no assurance that there will not be an istable new ath and then down again to 500, i'm mean we could skyrocket more than a mere 1200 this time and then fall back to 500
so what you will consider in this scenario, if this will happen around end of the year?
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it could easily, and bitcoin has already done this, go to the "Gold collapsing , Bitcoin up" thread in speculation board, also seeing how gold is falling hard this time will be even more brutal, the distance that bitcoin will take with the next mega pump, will be bigger
if bitcoin can manage to surpass 2k in value(not really that difficulty, when you see plenty of prediction which consider 10k an easy step in few years) i think gold is done and crashed for good
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Have you guys checked the coindesk new post in their website. Bitcoin has a future, because many people have invested in bitcoin.
i doubt so, because the market isn't reflecting those "Many people" that have invested in bitcoin, showing interest is different from investing, there still big uncertain out there, form average joe the price increased by a small value, so indeed someone invested but not so much as a many think, the good thing is that the demand is rising slowly
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even if they know about your address they can't actually do shit to track you back, it's no like in the address there is your name street or whatsoever labeled above it
unless they start search for exchnage where you have exchanged bitcoin for fiat you are pretty much secure from traceability, so i say they aren't needed you cna be anon without a mixer..
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I recently bought a Dell computer - how did I not think to check if they accepted Bitcoin? I didn't see the option anywhere though or else I would have considered it. Perhaps it's only in the US? I bought it from my country's local Dell website.
maybe this is the reason why their employees don't know about bitcoin, the reason why they obscure too much the payments in bitcoin when they add it, is still beyond me, it's like they are ashamed of the fact that they have accepted bitcoin
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No. If the American economy disappeared there rest of the world's economy would continue on. Do you think business in the UK or Asia would all of a sudden stop? Obviously the markets would go down for a while, but it would all come back...
only those that are heavily dependent from america will fall, for a bit maybe, nation like japan, for example, are immune from the failure of other currency, then you have the whole euro, which will not be affected much, actually it will beocme stronger for obvious reason Thanks for repeating my comment, what was the point of that? i didn't repeat anything i added on top of what you've said, like the euro that will be stronger and many other top 10 currency, and despite the bubble that crushed cny are among those
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The most thing I like about bitcoin it is its independence from the almost everything. He cannot be manipulated by no one and no one can use it to damage or manipulate the money of the others.
that's not really true, as long as there are big early adopters with 300k coins bitcoin market can be heavily manipulated especially with its tiny market cap, certainly not the strong point of bitocin...
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The biggest drawback of Bitcoin is its volatility, it gives a lot of inconvenience when calculating them.
it's more about the fact that many lost money with the last big pump, this is holding way back those people and many other from buying it, there is no other real reason, the rest it's only an excuse
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doesn't this completely undermine the integrity of trust ratings?
unless they manage to scam more than what they've payed for the account, there should not be a problem, the problem can occur if two users decide to scam and collaborate i want to explain it better, if two users buy two account with high trust, for whatever reason, one of the two can do the malicious escrower for the second which result in the possibility of steal a big amount maybe it's better to use only official escrow that have signed an address But someone could buy the bitcoin address too as part of the package. The only way I can see to avoid this is if the seller is willing to do a brief video chat/hold a physically signed message in front of a camera unique to each sale. Anything else can be transferred to the new owner, anything but not the sellers face. dude, even if they buy the address they can't sign it so it's useless, that's the whole point of signing an address, because that address belong only to one user, unless the buyers and the seller are friend that know each other in real life and share the same wallet
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well i didn't say that , you guy didn't udnerstand, i never said to post x4 with 4 account, but to post the same amount of post of one account, but with 4 account, which mean the same number of total post, the difference is that you can sell 4 account later and earn more then simply one account
also i said 4 account, because OP want to turn 2 in 4 btc, and 4 account cost around 2btc, so it's make sense to do this seeing the OP rules
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so far overall a net negative. I can't spend it or hold it really. I can't spend because nobody takes it, I can't hold it because I fear losing my coins.....
I hold more than I am comfortable holding so I have wasted time stressing always expecting that I will be one of those sorry asses that posts "how did this happen" topics about their coins disappearing.
Cost : Lots of stress, wasted time Benefits: None
No i am not going to sell my coins though.
spend it online, if you are not in antartica or something i think you can spend it fairly easy online, there are plenty of shop that accept it and why no one is using all4btc, that can buy you anything everywhere with btc? or buy simple games with it via steambitshop, ecc..., there are plenty of ways to use bitcoin
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Nah, according to my opinion Bitcoin cannot save Greece and it's people. I think that they probably won't even know about Bitcoin.
they know about it otherwise why they have installed an atm there for bitcoin? this mean that a good % know about it, but the problem is that they have bigger issues to deal with at this moment, then investing in something with an uncertain future when you are at risk, you don't take another risk to resolve the first one...
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i think people are allowed to sell for emergencies(which is what i'm doing) if they bought bitcoin for investments but then they need absolutely the money back or a portion of it
or if they didn't invest in bitcoin and acquired them in an easy way via instamining, premining ecc...(i'm talking about those quarkguy that acquired million in bitcoin via quarcoin), because they could turn nothing in big profit, it's like printing money lol
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This is the kind of topics that makes me realize how small this community is. I mean how come a currency that isn't even legal yet (international) gets to close a bank. Humor me !!!!
Exactly. Simply Impossible. Banks can never be closed, what about those people who don't know what bitcoin is or they know but still don't want to adopt it, and they trust banks blindly, so how can anyone say that banks are started to get closed and that also because of bitcoin ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) in fact before bitcoin will be widely accepted everywhere by anyone you need at least one new generation, current generation are blind fuckers that still trust banks only, not all of them of course there should be a catastrophe like in greece for every country so the people can wake up and look at bitcoin more, but i'm not sure if something of that scale will be enough...
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My guess is it will go low for another month or two then go up. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) there is no reason for this, it should remain there for some time and then go up again which make more sense seeing the last/current trend so we are actually going up and not down, but for every big up there will be a small down, to test price correction
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fucking regulators. the whole point of bitcoin is that you dont need an id to use it. it is supposed to be decentralized and free. we need more darknet financial servies.
they should operate abroad and not in america where IRS and governments will control the fuck out of everything you can dream to do i'm not aware of the rules in america, but if you have your business abroad they can't touch you i guess
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the supply and demand isnt affecting at the moment the price ,all days bitcoins changes hands ,the new users that get inside are very small yet but keep growing the number of new bitcoiners soo it can boom anytime soo around 500 bitcoins would make a good retirement on the next years
Don't you think 500 bitcoins is too much. I mean don't look at the current value, imagine about the future value like may be 4k or $5k then 100 bitcoins would be enough at the retirement age. My goal is to have atleast 100 bitcoins and I m done. definitely 500 are too many , it's all about if you are willing to wait enough for bitcoin to rise, it's not actually a long wait, within 2020-2024 we should have a clear idea where bitcoin is aiming even 10 would be enough if we can touch 100k for a moment and then fall back again, so it's not even a matter what will be the price in the future, but what ATH(or unstable high price) bitcoin can reach....
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If given a choice to walk away with either Bitcoin or gold of equivalent value, what would you pick? Asians and Westerners were asked in Taipei in Chinese and English if they would take Bitcoin or gold home with them that day, and the answer might surprise you... http://www.youtube.com/watch?v=m6GiC8dqN9AWe just shot a video outside the Taipei 101 skyscraper area here and gave people a chance to answer if they would walk away with either Bitcoin or gold- and why. If you were approached and were offered the same deal, would you walk away with Bitcoin or gold in your pocket, and why??? Hmm, tough choice. I think a smart person chose the latter, of course, gold. The value of Bitcoin is changing from day to day, it can easily fall drastically. The value of gold is very great years and I think I will keep it that way so that I naturally chose gold. Yeah & the Gold prices are stable in compare to the bitcoins. The smart and the experienced person will choose gold and not the bitcoin. The older generation would definitely vote for the gold as they are using it since a long period of time. i keep hearing this, but it's the opposite it's not very stable, gold is apparently falling like a dead weight in the water, check the last price we are approaching sub 1000 i see bitcoin much more stable right now, but people do not invest in it because of that 1200 and nothing else
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hmm....in this growing world bitcoin would be uses to pay taxes.. ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) ? most likely it will be taxed to death if governments start to accept it(in the sense to regulate it) more like IRS is doing in the USA we are lucky that there is not one governments only in this world, at elast we are not 100% centralized, so one can go abroad to trade his bitcoin, where there is no restrictions
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