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14461  Other / Off-topic / Re: 2016, The Year of Bitcoin? on: October 03, 2015, 07:33:51 PM
Hope so. I want to see again the $1000 price and hoping btc xt will gone forever coz it really hurts the price.
XT is not hurting price, price depends on so many factors that you can't know what have most impact on price
XT is just vote in one debate

I think the ongoing blocksize debate will keep happening forever, I don't see how some people are waiting for some sort of conclusion. Due Bitcoin's open source nature everything is open for debate constantly, so we should focus on trying to improve Bitcoin and ignore those that constantly talk about this or that blocksize mb limit as ideal.

Unfortunately, this talks prove that we are ready to see different perspectives and tackle about what need to be done as a community. What is quite unhealthy in such discussions of ideas is that people tend to go personal about it, not even thinking of what's good and will benefit all. On the XT-Core debate, I see some people close-mindedly defend their ideas without opening up on some solutions which are plausible too. That's where the drama begins: close-minded people not accepting any other ideas to be freely discussed upon.
14462  Other / Meta / Re: Bitcointalk takes too long to load. on: October 03, 2015, 07:29:36 PM
i was having this problem last week Tongue, idk what i did but it seems i fixed it somehow by resetting my router.
if that still doesnt work try using a different browser.

Meh. Tried using Chromium, Mozilla, Opera, and Google Chrome but still the problem persists. Maybe it has something to do with my connection's communication with bitcointalk's server. Tried also flushing my DNS cache and still the problem is there. If it can be fixed, great, but if not, I have no choice but to browse with some delays and other issues.
14463  Economy / Speculation / Re: Next target: 260-270 on: October 03, 2015, 07:26:03 PM
These targets will be useless if no one is buying bitcoin
one trigger bitcoin prices to rise is the number of buyers, so we had to buy bitcoin to make the price rise

Agreed. If there would be no sufficient demand to trigger a price increase, then there would be no price increase at all.

Also, 250 is quite doable, though we are sitting at around $238-$240 price range for days now, and it's quite nice to be staying just here.
14464  Economy / Service Discussion / Re: datafile.com now accepts bitcoin. on: October 03, 2015, 07:24:32 PM
Isn't it listed on their FAQ or any blog posts? If they announce a new method of payment, it would be nice to know whether they will be accepting bitcoins as is or they would be using other intermediary service platforms to accept it.
No. Their FAQ page can be found here. It is very short and simple (lacking in information). I do not know if registered people have access to more information but there is no more information in regards to Bitcoin or other payment methods on this page.

Weird, most online services I know often list the mode of payment in which their customers could avail. Maybe their team haven't updated the FAQ and the site yet. It sucks to send them a message and ask whether they'll be using another service to accommodate bitcoin transactions in their system.
14465  Bitcoin / Bitcoin Discussion / Re: Would you consider this as a possible threat to Bitcoin? on: October 03, 2015, 07:22:17 PM
I don't see this as a threat to Bitcoin itself What is a threat to bitcoin is the price (the fact that it could crash) and the slow adaptation rate.

Centralization of mining could be a threat in bitcoin as a whole (51% attack and such).

but a threat to the miners who are not keeping up to date with the technology

Even if miners keep track of what's the latest technology in mining is, if a large entity controls 51% of the network hashrate, those technology would be useless.

What is a threat to bitcoin is the price (the fact that it could crash) and the slow adaptation rate.

Nope, price alone is subjective. What threatens bitcoin much is regulation, laws and people not using bitcoin as it should be.
14466  Bitcoin / Bitcoin Discussion / Re: Would you consider this as a possible threat to Bitcoin? on: October 03, 2015, 07:17:55 PM


Another scenario could be, where say Finland create some sort of new ASIC chip or new technology that is capable of doing much more calculations and they then decide not

to export it to other nations and just dominate the mining scene. The difficulty would increase and the people with the old technology will be pushed out of mining in theory.


Whoever will make faster chip will produce them and sell and earn profit. They will not bother with paying electricity, mine Bitcoins and sell them and ...

They will just sell as much as possible to whoever will want to take them.

Agreed, but recently, the advancement on creating faster and efficient chip had declined and the expected advancement of microprocessors every 2 years have turned into 2 1/2 years, as stated by Intel. (see Moore's Law), so creating faster chips with efficient power is somehow slowed.
14467  Economy / Economics / Re: Brazilian Real now more volatile than Bitcoin on: October 03, 2015, 06:50:03 PM
I guess there goes the argument of "Bitcoin is too volatile..." Smiley
This is exactly the point that I wanted to make, but completely forgot about the thread (too many tabs open) and you beat me through it. We should not let the thread die or at least save this image. Every time someone say that Bitcoin is too volatile, we can say that other currencies are more volatile at times. When financial markets destabilize further, I would not be surprised if this happened to more currencies.

It appears that this bold text is looming and is drawing near. If in case this happened, time to find something to store value on! Bitcoin is a good candidate, same with precious metals, but the latter seems to be hard to use as a currency, given its finite and very limited supply.
14468  Bitcoin / Bitcoin Discussion / Re: Why not invest instead of cloudmining?? on: October 03, 2015, 06:47:16 PM
Nice reviews..... It is fun debating here..... Dont stop make out some more....

So my question is

Do you still trust investment or cloumining sites???



Cloud mining is all 100% fake/scams.  Don't try to believe in it, you will get busted at the end.

As far as investing goes, it depends what site you are investing, even with investing you can still lose, investing is closer to gambling

Not all of it. Even bothered to look at this?

Honestly, there is some money to be made in cloud mining platforms, especially those with integrated exchanges that lets you sell your shares and buy from other users. I made some pretty good bitcoins on cex.io back on its heyday, and I never actually relied on the bits passively flowing on my account but rather buying and selling GH/s in great prices.
14469  Economy / Service Discussion / Re: datafile.com now accepts bitcoin. on: October 03, 2015, 06:44:26 PM
-snip-
(removed the pic to avoid redundancy)

It would be nice (and better) if they added a Bitcoin logo in the corner as well. Even though this isn't significant news, this is good. Every merchant is appreciated. Are they using Bitpay or something other company? I do not want to register just to check it out.

Isn't it listed on their FAQ or any blog posts? If they announce a new method of payment, it would be nice to know whether they will be accepting bitcoins as is or they would be using other intermediary service platforms to accept it.
14470  Economy / Economics / Re: Brazilian Real now more volatile than Bitcoin on: October 03, 2015, 06:40:40 PM
All over Brazil people have stopped using Reals because the price is too volatile.

"What if I buy something and the price goes up" said one resident.

"I'll just wait to buy some Reals when it's not so volatile" said another.

These are also some of the concerns of merchants as to whether they should accept bitcoin as a form of payment or not. But this year, bitcoin seemed to be more stable compared to 2014. That's great news for us. Smiley

-snip-
Some investors have opted to just buy Brazilian Real and "hodl" in the hopes that the price skyrockets.

Same with bitcoin, most people here bought or works for bitcoin and hodl in hopes of price increase.
14471  Other / Beginners & Help / Re: How long did it take you to earn your first Bitcoin? on: October 03, 2015, 06:37:16 PM
4 weeks, by mining and gambling with dogecoins. I traded those dogecoins when it was worth 134 satoshis/dogecoin (that was the time for the Jamaican bobsled team, I guess). After I sold my dogecoin holdings, I quit on mining with my laptop and just used it to run a bitcoin node. And as of now, with my current signature campaign, I can actually earn a whole bitcoin in just under 3 weeks, if I become active enough and just spend my whole day in this forum.
14472  Other / Beginners & Help / Re: Investing Bitcoin help on: October 03, 2015, 06:32:42 PM
There are some things you can do that can give you passive earnings with bitcoin:

1. Create your own faucet.
2. Invest your money in a bankroll on gambling sites.
3. Invest in a legitimate a cloud mining service that offers its users to trade their shares. Use your shares and trade it once it appreciates in value.
4. Buy and hold bitcoins.
14473  Other / Beginners & Help / Re: What's the hardest thing to understand about Bitcoin for you? on: October 03, 2015, 06:28:51 PM
the hardest part for me is probally the hd multisignature wallets, i mean i get how it generates alot of private keys. but is that an infinite number? cuz there arent infinite private keys in total.  Huh Huh

Most multi-signature wallet addresses only require two out of three private keys in order to spend the balance in it.

Quote from: The Bitcoin WIki
-snip-
The actual requirement (number of private keys needed, their corresponding public keys, etc.) that must be satisfied to spend the funds is decided in advance by the person generating this type of address, and once an address is created, the requirement cannot be changed without generating a new address.

Source
14474  Economy / Speculation / Re: quiet before the storm. $18000 coming! on: October 03, 2015, 06:21:37 PM
It will take at least 5 years for btc to reach $18,000.

It's coming when the time is ripe.

So maybe in 5-10 years.

What kind of sorcery did you use to state such a prediction in 5 years? Are you the modern-day Nostradamus? Smiley

Not a pessimist, but realistically it is difficult to even achieve or cross $300 at this point in time. Too much drama that have happened a few weeks back; the market sentiment is negative. I'm rather happy on a slow and gradual rise than a massive spike in price.
14475  Economy / Speculation / Re: We will break $200 again on: October 03, 2015, 06:15:53 PM
no we will break 500$ again  Roll Eyes Cheesy

We were quite lucky to achieve $300 this year, but I doubt that we can surpass that range. Anyhow, the trend seems to go up from here, albeit a rather slow rise.
14476  Economy / Speculation / Re: Where is the 100k usd btc or the super bitcoin? on: October 03, 2015, 06:13:28 PM
100k usd?

There are only two reasons I could think of that could make this thing possible: hyperinflation of USD or a super pump on bitcoin's prices. It can be achieved naturally, only if people would give attention to bitcoin and pour money to it. Also, if more and more businesses establish their service around bitcoin, that would also boost the price upwards.
14477  Other / Beginners & Help / Re: What's the hardest thing to understand about Bitcoin for you? on: October 03, 2015, 06:04:34 PM
Additional to what I've already mentioned, I'm currently studying the algorithm in which bitcoin is based on. Also, Merkle trees and ECC is a difficult thing to understand, especially if you don't have a basic knowledge on cryptography. But these things shouldn't be a concern to the average user--most of these terms involve users with a developer skill or has the knowledge to understand such things.
14478  Other / Meta / Re: Bitcointalk takes too long to load. on: October 03, 2015, 06:00:56 PM


Basically this one. Most of the time, I'm being brought to a half-loaded page.

EDIT: It's not even half.
14479  Other / Meta / Re: Bitcointalk takes too long to load. on: October 03, 2015, 05:55:34 PM
There were also reports like this with the old server which was located on a different continent, had quite a different setup, etc. My guess is that Internet connections between certain regions just kind of suck, and you don't see it all too often because big websites have servers located all over the globe (unlike the forum's single server).

I also experienced the same thing back then--pages take too long to load so I should reload the page to load it smoothly. In some cases, I will load a page with either a half-loaded page or, or a basic HTML webpage without the CSS elements. It's kinda annoying, though, but as long as it is still accessible, I'd be glad to visit this site more often. Also, may I know where the new server is located? Oh and by the way, is there a .onion website for bitcointalk?
14480  Economy / Services / Re: Boob Signs for BTC on: October 03, 2015, 05:47:49 PM
Just wondering, what if the boobs are photoshopped in some way? I mean, in the current times, most photos can be smoothly photoshopped if you know what you're doing. What if OP change the service to real-time signing of boobs in front of the camera? That would be nice.
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