........so harsh....wow...
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the whole $1200~$1100 last year was completely unexpected.......
In the BTC market anything is possible....I expext 10K with in 2 years from now, and 100K within 3~4 years from now however.
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its fine, it gives BTC much more time to consolidate and gives buying opportunities.
when btc gets to 100K a pop, so many people will be kicking themselves, including they person at the bank (now defunct) that gave that advice.
BTC almost selects out people who can understand it according to its uptake.
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name coin can likely do this
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i happen to have dev'd a js soloution for the first part of this. how ever its not non blocking, so will jam your browser and may fail for 1000. i have not had time to refactor. you just shoot of say 10 at a time, JS should easily be able to handle 1000 if done this way. Watch multiple addresses for PPC, LTC & BTC coins from one page and total amounts without logging in or signing up anywhere or having to re-enter addresses into a block explorer or having to get pivate keys. This version has no time limit to use. you can find it here https://sourceforge.net/projects/coinwatch/files/CoinWatch.zip/downloadput you addresses in the coinwatch/addressAndtype.js press the go button and go!!!!! Consider Tor Browser for you own addresses. I have put some random addresses in there already for you to just try and as examples of how to put addresses in This has no time limit to use.
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big error
takeing away the inefficient in the current Government/Banking/exclusion by state licensing via higher "education" system, will see the biggest liberate of wealth ever.
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You dont "sell" bitcoin for FIAT period. You just wait for people to start accepting 1 BTC for a good house, in about say 5 ~ 7 years, or as they may say by then, 100 Million Satoshis for a good house. That's a lot of satohshi's for just one house.
I actually calculate prices in Peercoins these days.
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how many people work on say the tcip protocol?
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looks like a $520 ish target
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take half your money put it in Peercoin.
I wish I did this a year ago. I would have been much better of.
NXT, Peercoin and maybe NEM will be the beneficiaries of LTC outflow.
NXT has a lot of functions
Peercoin unlike LTC actually has other things being developed for it, and tone of the community also sets it apart from every other crypto.
PeerCoin also has no competitor. Largely becuase 99.999999% of crypto people don't get it or wher the real money/value is, they are all LTC on GOX btc on Amazon
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I personally dont see a problem with hoard/hodl and pump, dump, it just us humans don't like the time frame they happen on.
market adoption at least at the retail level or tipping does not seem to increase value.
Doge, and all the retail adoptions of BTC and their failure to impact price seem to demonstrate this.
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i don't know why the ltc ppl always refer to bitcoin. when the ASIC discussion started, everyone @ ltc just said: it helped bitcoin, it will help us. what they seem to forget is, that bitcoin had no "big brother". while scrypt ASICs are mainly used to dump the coins to get btc, this was not possible with btc ASICS, there was no "main coin", btc itself is the main coin. of course some ppl cashed out for money, but that resulted in new fresh cash flowing into btc. the history of btc was and is, completely different to the current alt coin landscape.
This is spot on. For reasons unknown to me people keep thinking that BTCs history will repeat itself with LTC. It won't. People have been dumping whatever altcoin for BTC and not LTC. LTC was only used for profitability comparison and as a last resort for miners. i know, they go on and say the asic will secure the block chain, what make a less secure ltc block chain than BTC??? IX coi or IO coin is probally more secure than LTC. That does not give them value. Only the different algo remains and good dev, if not acerbic
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retail adoption, will be unlikely to cause any price jump as the real money is not in retail.
Eg APPL is about 1/20th the size of very large private/gov company. Which in itself is a fraction of the money market out there.
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why are bit coiners so obsessed with retail? its such a small part of the economy?
But such a HUGE part of the public consciousness. who are mostly not haveing money. which retail adoption so far has seen any real increase in BTC value?
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can someone sumerise the amount of dev on github for maidsafe since IPO?
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why are bit coiners so obsessed with retail? its such a small part of the economy?
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the problem for LTC is what is its use case post asic?
not much basically a different algo.
Why then would you use it. peercoin has been a far better performer over since early 2013 than LTC, and it has a use case and many more associate products as well.
NXT is ok as well, with distinct use cases.
note I hold and will not sell LTC
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not this agian back in the 80's oil was supposed to run out by 2000.
you can make coal into oil commercially, its called the haber method. there is enough coal to do this for thex 100 year or more, then there are thorium reactors etc etc.
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this discussion has never been had before
I admit though breaking a whole BTC does feel bad
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Thanks for all your replies. Yeah, taxes don't bother me I'm cool with paying what I owe. - What bothers me are banks and credit cards knowing everything I do and controlling my money. Just the other day once again my credit card was frozen because I was traveling. Some great ideas here, thank you! I think I want to put the bug in the employer's ears just to see if they want to give it a shot, or else maybe just go with cash and find a BTC ATM somewhere near me. I wouldn't trust sending money directly to an exchange - thank you gox!
you pay the taxes that you can't afford to pay tax lawyer to minimize for you.
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