those questions sound a bit fishy, it's like you want to know how many of us will accept one of your offer, that could potentially be seen as a scam at first glance
i can tell you that i would be able, but i will not do it, because i'll not change my mind, like you said in point 4
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volatility will adjust itself the more people use it, so it isn't actually bitcoin fault, the fault lies with the people that don't want to use bitcoin, and prefer to go with fiat scam
besides this, we are in a pretty stable market
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Saving: Safe, keep value. Investing: Possible profit, but risky.
it depend on the risk of the investments, if the ratio is in favor of the possible profit, then the investments would always be the best choice actually thre is some risk in saving money, due to thieves, maybe you save a big amount in your house, and you get robbed at the end...better if you used those to buy a small garage and rent it So how about if you save it in the bank? It has a lower risk than save it in your house right? Big amount in the bank sure get some interest. It will earn you possible of amount so you can just sit at your house and get paid every month still bank aren't 100% safe and their return is abysmally(if you plan to lock your money for the usual 1-3% per year or what it is) low like their chances that they will be robbed, so you see the ratio between safe and risk is always about the same low risk low return, high risk high return
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gold was always more stable then bitcoin, there is less manipulation there, but what i don't like about it is that gold has less chance to grow, exactly because everyone know that is stable
I have to disagree with you here. Right now, the main consumers of gold are China and India, two of the world's fastest growing economies. In China, they use gold mostly for investment purposes, and in India they use it for jewelry. As the economic situation improves in these countries, the demand for gold will also rise. But the supply is quite limited. The Indian GDP is expected to increase by 500% during the 2014-50 period ($7 trillion, to $41 trillion). The Chinese GDP will grow from $9 trillion as of now, to $61 trillion by 2050. So the future outlook for gold is rosy. well one should calculate how much of an impact on the market that number will have, because rising by few pennies isn't what i consider a rise also do not forget that its ath was 1826, so unless they plan to boost it to above that value or at least to halfway through it, we cannot really talk about a rise
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this is the definition of bitcoin propaganda, well i don't see somethign wrong with it, as long as people can recognize it
because if he was , maybe, trying to move the attention to bitcoin, no one will care if they don't know what that thing represent
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100 BTC would make an impact if we were in the year 2030, but we are not. Right now that is a drop in the sea. I wouldn't obsess over monitoring buy/sell volume. There's lots of fake buys and sells everytime. The best you can do is mind about your own business, get your BTC, grow your stack, and keep believing on this amazing technology. Remember to NOT check the price daily to not obsess over it.
questionable because in the after 2030 the chance that bitcoin will rise again to un unbelievable level are much slim than the chances that it could rise from now to 2030 to an unimaginable level basically better to get in as early as you can, you cna call this the second train Due to it's mining reward schedule there's no reason for believing that bitcoin won't be price hyped. It all depends on what the owners of already mined coins will so, if they start using massively bitcoin as store of value, market will be mostly moved by changes in the mining rewards, so doubling the price isn't even them impossible. what i'm saying is that it won't keep rising indefinitely everytime, there must be a limit that will begin at some point, so the more you reach the total supply and adoption(on another note is that i don't really think we need to wait for the fee era for fully adoption, actually if it happen it will be much early than that) the less bitcoin will rise
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because of growing that is too big, especially in chian with 1M+ births per year
Hmmm... your stats are wrong. Number of births in China: 16,870,000 (2014) Number of births in India: 27,379,500 (2013) Number of births in Pakistan: 4,964,000 (2014) Number of births in Sub-Saharan Africa: 32,584,000 (2014) As you can see, China well behind India and Sub-Saharan Africa. In fact, the number of births in India is almost 62% higher than the same in China. i must have confused it with another number, but sub-saharn africa isn't a country, it is almost a continent, not really a fair comparison
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I don't have any dollars so I don't care. All I got are cryptos!
How do you live what do you eat? How do you pay property tax? What about your internet and other expenses? I`m sure you must hold atleast basic amounts of fiat. Getting around fiat 100% is just not possible yet . unless you still live under your parents, and they pay everything for you and you can pay for your thing, with crypto directly, it should work i guess but there was a guy on bitcointalk (Edward his nick, i think?) that get rid of his card and he is using 100% bitcoin
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gold isn't a standard to measure the value of something else, because itself is based on fiat too, it's like we take any altcoin to measure bitcoin, it does not make much sense imho
also you should evaluate something against its competitor, not against what it is akin
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stop waiting for bitcoin to take off. these times are over. be happy with a slower but stable year on year growth instead of a temporarily peak. we're done with that.
well i guess we could live with bitcoin as it is right now, it is not that bad as it was at the beginning, if nothing will happen and bitcoin remain niche then i'm sure bitcoin will find its spot, anyway
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actually i don't think it will change much after 20M coins will be mined which isn't too far away, so better to wait for that phase, instead of wasting time about clueless speculation
the market after 2024 need to absorbs a very few amount of coin, so the price will be already settled, i'm not expecting a major rise only because 1M are still to be mined...
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Bitcoin in Indonesia? The lack of recognition of Bank Indonesia (BI) to use Bitcoin virtual money do not hinder the instigators continue to conduct transactions. In the middle of public ignorance about bitcoin, the number of users actually recorded an increase.
Currently in indonesia bitcoins is not so populer yet. but, one a positive note, indonesia central bank did not have details policies in place to govern bitcoin it could explain why the awareness about bitcoin is rising, and why there are more people using it there, basically in non regualted place bitcoin is rising more because there is less oppression from the government so the theory about the fact that people do not want to use bitcoin because of their government's restriction is true, they actually want to use it but are intimidated by their legislation
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this is one of those unnecessary changes, just for the sake of changes... instead of concentrating on more important thing like the tx limit, they waste time talking about thing that do not need any fix and they work fine
one thing that could be changed in the future is the minimum divisibility of bitcoin, if 1 satoshi will be too big in value(aka 1 dollar ecc...)
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What does Bitcoin mean to you?
A way to waste my time. You should add this to your possible answers. Agree with you . I waste my boring holiday with bitcoin. Trading bitcoin, play games, and then try cloud mining . Right now bitcoin price still low, so i just save bitcoin like play a game well if you can earn big money in the end, i won't call it a waste of time, it is a matter of perspective and luck, like in everything i don't like to call something that i'm doing, waste of time, otherwise i would not do it ever...it is like wasting your time on purpose, a bit stupid...
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i heard some people who want to remain annonymous like to get fresh mined coins unredeemed so they cannot be as easily traced in the blockchain, i may have heard wrong,
and how do you get those? the only way will be via wallet sharing, but it could come with a nice virus, also you never know if the private key is safe(probably not), so in the end you need to move those in another address. and this will kill the whole point, it is better to mine it for yourself
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dude you don't mine bitcoin with a dual core, that is...i don't even have a word to describe how wasteful this is
bitcoin mining is done since months already, check the bitcoin price, because it is very good and stable, buy directly don't waste time
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So, how does BitTorrent handle illegal stuff? I don't use it, but I would think they don't have child porn being shared.
i think there are sort of moderator that check the torrent that users upload every day it would be the same here, the escrow/arbiter will check if what you are selling is illegal or not but then we can fall in a centralization market, which isn't what open bazar is aiming for the point is that you can't have 100% regulation and decentralization, hell you can not even have 100% regulation in a centralized system... if you consider loads and loads of illegal copyrighted material that is being downloaded through torrent, you see that they don't really have any control. in fact the biggest usage of torrent is to download all these copyrighted files. yeah but there some heavy illegal stuff that you will not find there like cp, so someone is actually controlling well in theory the escrow or arbiter can check what good they are selling, if they hold the money, they can ask for it but then you will get a partial decentralized system or soemthing like that as long as it is p2p nobody can have any control over it, AFAIK the thing you are talking about looks like the control the website owner/moderator of sites like piratebay, kickass have over the content and that is purely on users reports
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i know there are some bank about bitcoin that are in project like those in Switzerland , if they could offer something about interest, that aren't few pennies like we can earn with faucets, than maybe they could see some use in the future, especially because of security
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i want to add purchase and sell account
sell stuff for bitcoin
and the usual recommendation about signature campaign
also if you have free electricity you can attempt to mine and sell after 1 month your miner, then repeat, this to take profit fast and to prevent you in the future to have a worthless device in your house
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it look like a trolling attempt, but maybe he could drive the attention, to something better then current economy, bitcoin need more exposure for sure but not like you do it for a brand....
it look a bit ridiculous in this way
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