1 million euros... that is around 4K bitcoins. Now we will have to wait for these to be auctioned. |
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What is the longest run without a new ATH price bubble?
I am thinking that we are in a new era of Bitcoin. Can it stay like this for years?
We definitely are!!! And I'm pretty sure it will be like this for years. All signs are for that Yes, the long sought after stability seems to be here. A slow move upward wouldn't be too bad.  |
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Bitcoin as a Retirement Account. I think that's a good idea and if Bitcoin is a long-term success in 10+ years it will be a better a retirement No fees, no age restrictions, etc
It is definitely a good idea to have a bitcoin as a retirement account, as we predict and we hope that the value of bitcoin will be much higher in coming 10 to 15 years and the most important thing is how much bitcoin you hold or you plan to have in your wallet at the age of retirement is also important.If the value reaches to the moon then even 10 BTC is good value to hold. Bitcoin should be an additional retirement account. If it clicks, you lead a luxurious life. If it doesn't, then it shouldn't matter. |
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Almost 100 pages of HODL. Time for a present, not?
nah, i guess 50% of the people saying they are holders infact aren't. leave the rewards for if we reach at least 150 pages, not now. 99% of the people who say get out before it is too late also have some bitcoin stashed away. So that kind of makes up for it. |
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I just visited the bank... denied until Monday.  Global adoption can't happen soon enough, what a crock of shit this fiat banking system is. Just a normal thing. No one cannot expect that the banks works Saturday and Sunday. Don't give a fault for something that has right. You work these days? No, I think. But even yes must be paid double. If the banks have nothing urgent to work |i don't see for what reason they must work these days. You can usually transfer money online after working hours. The need to visit the branch has reduced over time. |
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Politicians using taxes to take wealth from poor to rich, only bitcoin can change that. What do you think?
Tax evasion using bitcoins is still tax evasion. So bitcoin can't reduce taxes for people who want to play by the rules. |
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If the price doubles just before the reward drop then possibly nothing happens. The miners will effectively have the same revenue they have today and can continue to happily mine away. If the price does not go to $600 or above then we can expect to see a bunch of people stop mining as their mining costs will remain the same but their revenue will be cut in half.
the price is too stable now to go up to $600! It's unrealistic. The time of to the moons is gone I dunno, it's already up to $285 when just two months ago it was it was $270. At that rate it will only take 8.33 years to be back at $1,000. LOL ~4x in 8 years isn't too bad. A lot of people (non-bitcoiners) will be happy with that kind of return. |
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Yup bank sucks.
I went to a local bank to open a new savings account.
It's so much time consuming to open just a single account.
But with bitcoin, you download a 20mb wallet and you are presented with around 15 to 20 account.
The time taken is because of government regulations, not the bank's inefficiency. Wait till the government starts regulating bitcoin. We really don't know that day would either come or not that governments starts regulating bitcoins, its still a long way to go when government will come in support of bitcoins and yes banking sucks but there is no other option for the people who are not into bitcoins. Cold, hard fiat cash still rules, my friend. There may be a lot of people who are not into bitcoins, but avoid banks like the plague. Cash does wonders for them. |
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The strong point of bitcoin is not the being currency but being technology. So the success of bitcoin will be more the technology behing it than the use of it like a currency. In this point of view has nothing to do with the gold. Gold is another thing. It serve as a world reserve while bitcoin as a technology which will disrupt to many other technologies.
That's correct. The technology behind bitcoin will change most of the technologies actually in use becoming those obsolete and unusable because of not being competitive anymore. Bitcoin as a currency will profit from this and will emerge as a currency. But to tell that will crash gold seems something futuristic for me. True but never underestimate the power of gold. Gold is something that's everywhere and iconic for wealth in almost every culture in the world. Its network effect is probably the greatest of all time, even if Bitcoin is superior in basically every single feature. There is enough space for Bitcoin and gold to co-exist in this planet. It is fiat which is going to have a problem. |
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A war on banks...at least that makes more sense than a war on terror.
It might make more sense, but it is tougher than the war on terror.  |
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The recession is a necessary evil for the re-distribution of wealth. The system is pretty harsh, but without there would be no future prosperity.
In a recession, the poor get affected disproportionately. They have to struggle to find jobs and satisfy their basic needs. I don't think it results in re-distribution of wealth, |
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At some point this year all of the stability recently combined with the upcoming halving is going to likely work together to create quite a violent bull market.
The next bubble will be incredible.
Yes, a bull run is long overdue. It has been around 1.5 years since the crash from the ATH. When it does happen, I hope I hold on tight.  |
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US dollar for another 30 years. But why is the Zimbabwean dollar there? Just for laughs? |
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Yup bank sucks.
I went to a local bank to open a new savings account.
It's so much time consuming to open just a single account.
But with bitcoin, you download a 20mb wallet and you are presented with around 15 to 20 account.
The time taken is because of government regulations, not the bank's inefficiency. Wait till the government starts regulating bitcoin. |
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Put all aside, it's still a great city! No but seriously, this tax is ridiculous!! This is one of the most ridiculous taxes I've heard about recently. Soon we will have taxes on every major internet service: youtube tax, amazon tax, facebook tax (it wouldn't be that bad). It is painful to watch how government is greedy to the point they want to tax everything. That is why bitcoin might be a cure for growing tax rates (for now at least). Just curious - How do they know who is subject to this tax? How would they differentiate between somebody sitting in China and somebody sitting in Chicago, signing up for the same service? |
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The problem is that ppl are for the profit, taking the excessive risk, and borrowing reskless amount of loan! It will cause the price booming.Ppl don't know how to control the risk.So you can imagine the consequence now!
If people are borrowing recklessly, why are the lenders giving loans? The lenders will lose money and they have only themselves to blame. |
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I have donated nothing in terms of bitcoins.
Have donated fiat, on and off.
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Incidentally Warren Buffet's most lucrative picks are the ones that he NEVER sold, the most famous one being cocacola. He has been holding for decades and will never sell. One has to approach Bitcoin with the same mentality, with the plus of Bitcoin not being a simple asset, but being a currency within itself, so you can use it without even having to convert it to any other currency, you can buy goods and services with it.
Warren Buffet has a different view about Bitcoin, but yes, buy and hold long-term is the way to go. It is my philosophy too. |
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How could they? The IMF and maybe everyone else by now admits the debt is unsustainable. That is the same as saying that whatever the greeks do they won't ever be able to pay back the full amount of the debt. What the greek government should have done these last few months was prepare to leave the euro and reintroduce the drachma by themselves.
A write-off debt, or an extended repayment schedule with very low interest rates have the same effect. So they could give Greece this benefit, without calling it a write-off of debt. |
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The chart says Bitcoin volume represents a 7-day volume as of Dec-3. So most probably, this was when the price of Bitcoin was much higher. You could be seeing lower volumes (in terms of USD) now. |
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