We don't know what will be happened. It's still a long time until 21 million coins will be mined. In my speculation, there are no new coins, transaction fees will be the mining reward.
We all know that, what we are trying to discuss is, what sort of fees will the mining guys of the future be getting? thats the interesting part to me. I guess by that time 1 coin will have the purchasing power of something ridiculous like 10 million dollars, so tiny fees will be enough to make a living out of procesing txs. I guess the market will determine the price. If it is troo low there will not be enough miners so price goes up... as the price goes up more and more miners come in until either balance or too many. If there are too many prices go down and some drop off until balance or too few.... if too few prices go up and more come in until balance or too many... And so on.. Or... the entire cryptocurrency venture will be deemed a dead-end experiment. If btc fails, all the most cryptocurrency exited people will have lost moeny time etc... and I think there is a good chance FIAT is the only winner. bitcoin can't fails, anymore too big already, the time for it to fail passed long time ago even before 2013 peak, and it can not fail exactly because, there will be only fiat after it which is the whole point of bitcoin, not having to deal with fiat crypto is here to stay and to be enhanced in the future i can bet two asses on that
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Verdict: Bitcoin to the moon.
which is what we are interested for, not exactly the grexit, come on... i'm sure everyone was talking about the greece only because of its possible influence on bitcoin market not because we really care about greece...
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Sheer fact that it's going up way too fast again is a near perfect indicator of a very big crash.
this can be true or not, the crash might occur above 1200 like the last time or before or maybe at a new ATH, we don't know, but as long as he does not happen now and keeps rising, we are fine we need to regain the trust that we lost from the previous big crash, so if it crash now it would be a bad sign...
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If you did cash out a million dollars to your bank account, aren't there some legal/technical issues to consider, right?
Don't worry, I won't be cashing out. I'll be spending my bitcoins directly. be aware that for example iin the USA IRS want their portion even if you use your bitcoin directly, they will know about it if you buy expensive thing like a lambo....
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1. Do your CV. 2. Search for a job. 3. Go to work. 4.Buy 2 more bitcoins with your salary. +1: Do it (4.) every month. +2: Do it for 5 years. +3:Quit your job. Enjoy the rest of your life. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) i think he was searching a way to turn 2 into 4 without investing in timing, but investin those two bitcoin basically he is asking for the less risk gambling thing....
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I wanna see some of this cash lover carry a 50,000 usd stack across countries with no problem, is fine that cash could be the state of currency for every possible transaction but at some points its restricted to a volume by the governments.
As a counterargument, drug-lords probably carry millions of dollars in cash across borders. If you try buying and selling bitcoins in large numbers, you would probably move the market. not you do it off market, like someone intelligent would do, so even in this case cash isn't superior to bitcoin everything you can do with cash i can do it better with bitcoin, the only downside would be the volatility
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after the summer,i will try with poker.
Poker or Gambling is never been good idea for growing your bitcoins you need to do some real work and search for this or try to do trading because its best method Poker has nothing to do with gambling. Poker is pure math. only in long term view, it is aking to trading, but if you play vs regular and fish your earning will probably be around 50%, useless also tournments does not count, too much volatility, they are pure gambling
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I would suggest you to Sell your coin when the price is high and buy bitcoin when price is down and to do so u need to keep track of btc price
not that easy at it seems, it's like you are telling him to try to win at a dice game or slot machine by simply having more luck not a thing you can control you know... trading isn't the ebst way especially if you're not a good trader and if OP is asking this i'm sure he isn't one of those good traders...
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are you sure that arbiters or escrowers are not getting anything?
that zero fees quote is referring to everything concerning open bazar?
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You can earn a lot more by doing mechanical turk than by clicking on faucets, and they both take the same amount of skill and effort.
Bitcoin faucets are like free food. People will do anything for "free" food.
the difference is that in the second you can use a bot and increase your profit and also you can earn bitcoin directly without buying them, and in the case bitcoin go up(like now) your earning will increase drastically also faucets is another way of earning money in a more anon way
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bitfinex have a huge volume, otherwise you might try to take a look at okcoin, but i don't trust too much chinese exchange, they look shady as fuck
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Hand 30% of it as taxes to your govt of choice. You should be fine.
this is a thing i want to avoid, does not matter the amount, i don't want to be stolen by a 30% i would probably never convert them all and in a big portion, but few coins each year, depend on their value in some countries if you remain under a certain level, you may not be taxed
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The reason for the recent rise cannot be determined with certainty. It's possible that the events in Greece and China might have an influence, but that can't be proven. If these events have an influence I'd think that it is mostly indirect because of media reporting on the general uncertainty, but not Greek or Chinese people buying Bitcoin en masse.
We don't know yet how sustainable the current rise will be, although it looks like that at least the downtrend has been broken.
ya.ya.yo!
most likely someone is playing on those hype in the hope that some fish will get in, and it seems working good for him, there will be a dump at some point in this pump, be prepared after all the fake pump that there were in the past months, i'm sceptical about any rise, until it prove itself to be a really strong rise, still not the case, there is a % of uncertainty here
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5th week confirmed. Parabolic rise is becoming more and more visible. Prepare for take-off. This week could bring us close to 400$. ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fs28.postimg.org%2Ff0nft2usd%2Fchart.png&t=663&c=zvyoSCiCa6OkEw) What makes this one different from the one around october november that failed to lift off? /not trolling the fact that TA isn't a 100% truth, it just aim to tell you about the possible direction and that some of these directions may have a better chance to be real than other
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I am wanting to sell Bitcoin on this site using pay pal. The thing that is holding me back is the fear that people will reverse it and I will not get my money from the Bitcoin that I sell. Can someone tell me people that are trustable on this site or how I can prevent this from happening. It would be much appreciated and thank you!
I can purchase bitcoin from you, I have a verified premier paypal since 2011 or 2012, and I've done numerous trades on this forum without a problem. PM me if you ever want to sell bitcoin. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) i want to sell bitcoin. but i m new in paypal...so help me recive paymet in paypal...i m in india. you only need to give him your paypal email, the same for bitcoin he only need your address, pretty easy if you want a fast thing it's better for you to go first with an escrow directly
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Bitcoin won't go back to $0 again ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Someone will buy bitcoin even the price less than $1 If you can shut down internet or electricity permanently, it would make bitcoin price go down to $0 Nah, solve blocks by hand, post results by carrier pigeon. Satoshi planned for this eventuality. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) not to mention that it would shut down many other thing and not only bitcoin , also i doubt bitcoin at zero would be your primarely concern without electricity and internet... the great thing about bitcoin is that, in the case that bitcoin go to zero again, it can always restart from there and build another rally, basically immortal...
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i would wait at least one week, if it stays above 300 or around it, then we can consider it stable and we can move on to 350
to me this look like a steady rise
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Looks like I was wrong...
I'm now calling the top at 299, then crash to 213. Thanks for reading y'all!
random guessing is not working bro, you should follow at least some logic behind this ridiculous statement first why we should drop now to 213, if the bottom was 220 for so many months, previously... tx spam and blockchain split apparently didn't do anything to the price, the market does not care about "them" and besides that there isn't any other bad news or drama for now the price will continue to rise up to 500
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fee was standard, I didn't touch it
0.00002059 included fee
I will increase it in future transactions but is this just a matter of waiting for my transaction to get processed?
2k is very low, don't listen to the recommended fee of the client, with the current spam storm, it's better to set it at 10k at least yeah besides that, you need to wait only, it will be confirmed eventually
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Who's buying and why?
People need bitcoins to pay for their VPNs and drugs. vpn are very cheap, i was buying those with 0.008 or less, can't be the reason... Now that $300 is behind us. Let's talk about $400 ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) better to talk about 350, 25-50 per step seems the best aim of the current slow pump I think it may fall back to the high $200s at some point unless demand keeps up with the 3600 daily issuance. however, when the block halving occurs, expect price to double.
so we should hope that the price will not fall for an entire year under 300? a bit pretentious i believe that miners are dumping less if they are not in urgent to pay their bills, if they see the price rise i'm sure they are not that stupid to perform a blind dump and losing value
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