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Oh yes Bitcoins dead again - didn't you get the memo? Seriously the price is where it was on what Wednesday when it made a all time high? Get some perspective.
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Not yet. You'll need like 20-30 Bitcoin for that in my view, and there is not many people that have so many.
I am not one of them at least lol. We'll keep waiting until it gets 10 times higher.
Obviously, we need more than BTC50 according to current price I guess. 50 * $4300 = only $215,000 not enough to stated as rich. If you can make BTC10 per month, then you can be rich in 5 years later. If you can make 10btc a month you are rich now - that's $500,000 a year. |
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History suggests that whenever you buy Bitcoin if you have patience you won't regret it. As stated above if you had bought on August 6th you would have seen 33% returns in 19days - thats a ridiculously outsize return.
As the old Chinese proverb says - the best time to plant a tree is twenty years ago, the second best time is now.
Buy and hodl - claim any airdrops that you become entitled to, and learn enough that you can protect yourself against fork shenanigans and hodl for 3yrs plus - you won't regret it. Next halving 6/2020 - if the price stays the same for the next three years - then does what it did this time in the year since the halving you'll be looking at prices in the $30,000 area come 2021
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What if something costs less then a dollar ? Then what ? That's exactly why we have the decimal system. We don't need comma's with bitcoin because it goes down to such a low denominator. It's like how the Japanese yen is. They don't use fractions either. Bitcoin was not designed to work that way.
This is a thread with one of the earliest version of BTC. https://bitcointalk.org/index.php?topic=382374.0Those lines are basically bitcoins and satoshis. Change them and you can get 100 trillions satoshi in a btc instead of 100 millions as it is right now. Denomination will happen a lot easier than with fiat. No need to print new coins and banknotes. Just a few lines code and hit update. Yes because changing bitcoin's code has proven to be trouble free and non-contentious, just look at the current fork shenanigans. In all seriousness though GLOBAL GDP is $75,278bn, that's about $3.5mm a Bitcoin. Now GDP is not the same as money supply or debt, Global debt is $199,000bn, but I think for the moment we have to accept that $1 a satoshi is unlikely/impossible in What for me is effectively my lifetime (50 years or so) |
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Had a dream last night that I woke up and saw my bitcoin price ticker up over $400,000 and rising quickly. Saw it touch $500,000 as it came "crashing" back down to the high $300k range. With such high numbers I couldn't even think of how much money that meant I had...just that I was fucking rich. Then I woke up  Sounds like your subconscious is telling you to buy more and hodl |
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At $50,000 a BTC that's still 2000 satoshi for $1, or 20 for 1 cent.
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Perhaps BTC price is going for another ATH for the event of Segwit activation tomorrow?
How it will work then will the November Segwit 2x hardfork part?
I would say the price will be under pressure until that time, that means I should sell at the coming peak?
If i could see into the future I would be rich by now. I'm going to hold and wait and see Yep. Holding has worked well since 2013. Hopefully the same next 4 years. Holding has worked well since genesis block. To be fair though long term investing generally works out. |
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So I watch another index of my own invention. (Granted, all y'all may be watching the same index, but may or may not have quantified it as such).
'What index', you may ask? Well, it is the bitcointalk page depth index. At the end of the day, check how many new pages of drek have been added to BCT's leading forum (Bitcoin Forum > Bitcoin > Bitcoin Discussion).
Today, I count six. Six pages of drek, mostly filled with noobs being noobish. While this is tiresome, it is also a very bullish indicator. That's about half again our usual influx of newcomers to the crypto revolution.
Tomorrow we dine upon yeast piss and aborted sturgeon progeny!
this is actually not a new idea the long term trend price of BTC is equal to the page count of this thread, so we are currently running at about .25 of the actual value...not even joking So every post is worth 5cents. Keep it going guys  (Itīs not up to me anymore, iīve contributed my 5cents for today  ) Just think how much Bitcoin would be worth if the mods stopped deleting posts! |
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So at least some people in the ecosystem are sane. |
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[quote author=hv_ link=topic=178336.msg21096445#msg21096445 date=150339844
Depends on how much hashpower is left for core. If this is less than ten percent it might take for ever to try the replay attack...
[/quote]
If core drops to 10% of the hashpower then BTC1 is effectively Bitcoin - if that happens how much more development on lightning or schnoor do you think core will bother with? Just curious
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It's going to be a shitshow , in my personal opinion.
By launching BCH Bitmain have already fucked the NYA. Everyone else will slowly fall away. By launching BCH Bitmain have increased their influence over the price of each chain as they can manipulate hashrate at will between them both. They've granted themselves a longer period of time in which to milk money out of the sha256 ecosystem and another mechanism with which to do so. Segwit 2x signalling remains above 90%, no sign of it falling away. Core have made their position on segwit2x very clear so I'm not sure why or how you think a negotiated agreement is possible at this point. |
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So this time bitcoin core is trying to fork?
I you're talking about Segwit 2X then no. Core has wanted Segwit for years. Now it's going to happen, but instead of people accepting Segwit (which they refused for years) they accepted Segwit2X = Segwit + 2MB blocks. The Segwit part is a tested piece of code (could still have bugs though), the 2X is untested, not made by Core. - core nodes will not recognise segwit2x blocks, so these will not be added to the core chain. At the same time 2x has no replay protection, so transactions that occur on the 2x chain can be mirrored on the core chain. It's going to be a shitshow , in my personal opinion. |
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Microsoft already accept Bitcoin - you can redeem it into your account where they automatically convert it to fiat and allow you to purchase with that fiat.
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^^^^^^
For the big circle that diagram should read "2017 Everything Bubble"
That's a much much bigger circle |
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Hello guys, Im new here but I was reading this and other topics from speculation for long time.
I have few BTC can You advise me what to do now? Hold it or sell? I have read few pages earlier that we have to hold because after 23.08 another changes are coming and course can go up again. But from other side many people talking about big correction now. I really dont know what to do now, please help me guys.
Im sorry for my english but I hope You can understand me.
Kind Regards
Yes. I can Advice you. I would Advice you to sell every single bitcoin. Why? Because you seem uncertain about the value of bitcoin, so you should sell those bitcoins to someone who appreciates them more.  Advise. The word is advise. Now that's good advice...... educational as well |
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...with MORE FUD drama if Bitcoin core continues to stop the +2mb hard fork....or just tries to...
Core devs have no intention of stopping the 2mb fork. Core just won't join it. Everybody is free to make any fork they like. There isn't any drama. More free money for bitcoin hodlers. How can that be a bad thing? The more chains we have mining the same algorithm the easier it becomes for a miner to mount a double spend attack (or in the case of a segwit chain to steal the segwit coins). You definitely don't understand what you're talking about. The rest is just wishful thinking. Maybe not - but either explain why there is no risk or continue in blind optimism. I am long bitcoin and will remain long for the long term. I do not trade in it but add more overtime and replace what I spend, but to ignore the upcoming danger period is to walk blindly. |
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...with MORE FUD drama if Bitcoin core continues to stop the +2mb hard fork....or just tries to...
Core devs have no intention of stopping the 2mb fork. Core just won't join it. Everybody is free to make any fork they like. There isn't any drama. More free money for bitcoin hodlers. How can that be a bad thing? The more chains we have mining the same algorithm the easier it becomes for a miner to mount a double spend attack (or in the case of a segwit chain to steal the segwit coins). By moving hashpower between chains they can conceal how much they control and from there attack whichever chain they choose. Any attack which results in "stolen" coins will damage the value of all crypto. Add to that the implied risk from a direct attack on segwit in order to promote "The Real Bitcoin" and the situation is dangerous at the moment. A large attack on Bitcoin security now with prices at these levels will garner massive negative media publicity and probably instigate a bear market the likes of which we have never seen across all cryptocurrency. Those playing the twenty year game and their masters will buy all the coins they can once the price is crushed, but Bitcoin, segwit, ethereum etc will all be done and dusted for five years plus |
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It's time to aim high. $1 billion dollar bitcoins within 5 years. Book it.
If we get that high we'll have to come up with a fork to create micro-satoshi. That $10 a satoshi levels. |
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Time to change the price to be per satoshi? Damn they're cheap you can still get 24,000 of the little guys for $1
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