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I sense a disturbance in the force.
What is driving the collapse of euro? Is the market running from Draghi's QE bazooka?
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Obviously this is hardly a scientific poll or in any way indicative, but just curious of the result even if it is gamed. And, please don't game it  This is an important issue and everyone has the right to their opinion. We all would benefit by seeing what most people think and the benefits from gaming it would be very much 0. But isn't this made officially already? i heard its happening in 0.11. From the emails by satoshi it seems he predicted he would be ok with 1 MB only, but it's pretty risky to keep it at 1 MB only, 20 seems like the reasonable thing to do. |
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example.
2020 years that will be btc price and difficult same what is nowadays will be same profitable if more low profitable will be ?
Satoshi was a genius so he made the blockchain self regulating, that means that it will always be profitable for someone out there to do the job of mining/acting as a node. If you are not willing to do it, someone else will be in a position to take profit. |
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I believe in a 150 bottom, even tho I don't see it as far fetched to see a 90 ish bottom, a quick visit to double figures before we truly start the next bubble cycle. I hope so since for anyone collecting BTC now is good news.
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Like it has been said before.. it's stupid to think it can go to 0. There are billonaires invested in Bitcoin for the very long term, guys like Winklevoss twins look at it for 10+ years, they will never let it go low enough that it becomes a serious problem.
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Argentina has been a mess for years, they know by first hand experience what massive bailouts are, and they don't want to be caught on that trap gain, thats why Bitcoin is a big thing in Argentina.
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Until there's a real case use for Btc in the world it won't rise i guess.. and the strenght of king dolla doesn't help. It's retracing now so we will see
There are tons of case uses for BTC right now. Opening a business, sending money overseas without fees, cashing out off ATM's without a bank account 24/7, and of course a great way to store wealth outside the system. Of course we need a better approach for average joes and whatnot. And for every stage in the adoption, the bitcoin/society formula changes and new use cases open. We still need to see average joes understanding the already existing use cases for BTC, most still see it as some strange internet money that people speculate with. With time we'll get there tho. |
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Euro may not sink as fast as you may think,but you can always go for Gold or BTC which are almost somewhat alike, they both need to be mined,except for btc supply and its volatile,either way hold it for a while and sell when high
I think the euro is going to go down quicker than expected, way quicker than the dollar. I give it 10 years before the situation starts becoming disastrous in several countries and not only Greece. |
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200,000 bitcoins to be liquidated... i don't see this in any positive way for price recovery especially when confidence in bitcoin is waning... majority of the coins will be dumped as soon as they hit exchanges.. https://www.mtgox.com/img/pdf/201504_notice1_en.pdfwhy you think that? not everybody want to dump their precious bitcoin, also why dumping now, when those bitcoin were probably bought at a higher price, is beyond stupid Depends if people have a choice, as the disbursement may have to be made in cash, in which case Kobayashi will auction the coins. There's also the 2.8 billion yen shortfall on Gox's books (about 23 million USD, or 96K BTC), which will need to be covered at least partially. If the disbursement is made primarily in Bitcoin, then as you rightly say it is unlikely to make much of an impact. If the coins go to the owners hands as it should, I don't imagine the owners are very happy to hold BTC, they'll be paranoid as hell and will sell for filthy fiat. Im just hoping there are some intelligent people out there that can look at the big picture and keep their Bitcoins on a wallet. |
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gently gently  I know, old chart, but I'm pretty sure it's been steadily decreasing still Give it another 5 years. If it succeeds, it'll be finally stable enough for the dinosaurs with traditional stability requirements to finally get on board, but I reckon many will have learnt to accept to roll with the volatility sooner than that Would like to see a current chart. Bitcoin has almost felt like a regular currency lately (compared to back in the day). I for one welcome this great time of stability on the low 200's, a great time for the initial bota misers like me to stack up on BTC, im buying monthly. |
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Frugality is currently not in style. People just can't take the baby steps, too impatient. People who gorge on debt will eventually choke.. and the sad story those, those that live frugally might not make it anyway due the system being a scam within itself, they'll just probably be a little bit less fucked.
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Taxes are for little people, as well as consequences.
The Gang Banksters blew a bubble and siphoned off all the mass murder technology they could ever desire, if their desires could be limited, and now it is time to save the remaining resources for themselves... and out of hands like yours (and mine).
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Okay. This may be a stupid question, but I'm going to ask anyway. Are bigger blocks good or bad? And why would they be good or bad?
When the time comes, if we want to take over the world (that's having the volume of transactions of say VISA, or all of them combined -mastercard, paypal, etc etc- we'll need a bigger block size to not saturate the blockchain. The problem is, as far as im concerned it would require a fork, so 2 Bitcoins would exist if some of the stuck up idiot purists don't abandon the 1MB blockchain. Correct me if im wrong. |
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Not sure why so many people think OP actually bought 10,000 BTC. He clearly said in his original post that the option cost him $7.50 per BTC. 7.5*10,000 = $75,000. I don't think it's a stupid move. Looking at the Bitcoin price charts, the trend has been going downwards ever since late 2013. Is it really that unrealistic to think that it won't continue declining for another couple of months? I wonder what would happen if the coin price moves in the other direction. I'm sure you have all the plans put in place in case the result did not turn out as what you expected? By the way, just wondering where did you manage to secure that amount of funding? Kind of curious since that is not small amount by any means.
You're probably thinking of shorting, which is a different thing. An option is essentially a bet that Bitcoin will/won't be above/below a certain price on/by a certain date. I don't get how this works. How can he acquire 10000 for 75$? Where is the business for the one offering the BTC for such price? I guess im missing the point here. |
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There hasn't been a single system that it's worth replacing PoW with since the invention of Bitcoin. All those other alternative such as PoS, and the hybrid ones are just try hard ones. PoW is still the most solid self regulating system, satoshi was a true genius and it shows as time goes by and no one can come up with a better idea to secure a blockchain.
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True or false?
False. It's delusional to think that "willy the bot" was fully responsible for the big 1K peak. The bot was only a fraction of the pump, you would need excited people to follow up with the pumping, otherwise it would never work. Also, all exchanges have bots on them putting fake orders, including regular stock exchanges. |
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You can try as hard as you want to try to justify some of the stuff that Islam says, it will never work, a big majority of people (mainly western world) is going to never put with some of the bullshit that is written on the Quran, that's how it is.
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This is basically a science fiction entertainment for those that have too much free time. No, SHA256 is still safe, and if it cracked, the banking system would collapse as well since everything is running under SHA256 those days, from ATMs to electronic payment systems that each bank has implemented for their internet transactions, Paypal would get hit hard as well.
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Ofcourse they do. Now they knows it very well that it's better then using credit cards. Credit Cards involves risk if stolen but using bitcoins for shopping is not at all risk as it has unique ID so girls are also smarter now n want to be risk free when it comes to shopping  Girls using BTC is still a mega minority. Not until it becomes a cool thing to do the average joe will use Bitcoin at a bigger level, regardless of male or female. Things need to be socially accepted as cool to be a success, this is a basic law of life. |
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Ok, so he drops the "ZeroCash" teaser, and says nothing more.  On the question of courts being able to make judgements regarding "Smart contracts" ..... My guess... Nope, they have no clue about the Blockchain and they still need to be fully educated on how these technical things work, and what legislation will work for it. I like the Bitcoin mining electric blanket idea.... you generate heat from mining and use it to warm your bed and your coffee and you get paid for it.  We will need severe regulation going on in order to make smart contract being recognized by the official institutions. Having recognized smart contracts are a good thing, but im afraid of the side effects that said regulations could have in the BTC world. |
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