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14601  Bitcoin / Bitcoin Discussion / Re: Bitcoin...? on: September 24, 2015, 06:33:49 PM
Do we have a current count on how many people are actually invested in Bitcoin, or at the very least how many people are using it, is there a good way to get that data anyhow?

you can only add official wallet numbers from blockchain, coinbase etc. that would lead to 1-5 mios i would estimate.

Also take into consideration that most addresses that have been used once in a transaction have either been dumped or is not used again. And a single user holds more or less 5 addresses in his/her wallet. Wallets created in blockchain.info and Coinbase aren't that much accurate when you are trying to figure out how many people are using bitcoins. I for one created 8 wallets from blockchain.info and 3 in Coinbase, but those never had the chance to receive even a single satoshi. Roll Eyes
14602  Bitcoin / Bitcoin Discussion / Re: MtGox Leaked database {No download required} on: September 24, 2015, 06:29:51 PM
No.As I said earlier it only contains financial details.

Scanned the doc first, looks clean. Nothing much to be seen, only data that contains numbers--more of like transactions of some sort with the dates indicated on it.

EDIT: Why post this op?
14603  Bitcoin / Bitcoin Discussion / Re: Does anyone have direct Satoshi quotes on the usage of Bitcoin? on: September 24, 2015, 06:26:10 PM
I think idolising everything that Satoshi said or did is a bit silly really (he/they wrote code very poorly from any serious software engineers perspective).

Bitcoin should be able to take over the remittance market (worth billions) right now - yet it has basically failed to make any inroads there.

It should also be able to replace SWIFT (but we don't see that happening yet either).

People are worrying about buying coffees for BTC when to do so would actually cost them more (you'd have to change your dollars to BTC which would cost you a percentage and then the retailer will just use BitPay or the like so they won't offer any discount).

This whole idea of thinking that Bitcoin needs to be used for trivial purchases when virtually no-one is even paid in BTC seems to be a very silly one.

You don't get people to want to use a new currency just by making it acceptable to be used somewhere.


Just this one hit me. Bitcoin should be anywhere near on taking over the remittance scene and doing some significant changes from there, but even if the market in bitcoin is already worth billions, still we haven't really applied using bitcoins in a much more larger sense--we still tend to use it as an investment vehicle towards moon.

If bitcoin was made for micropayments and remittances, then why is it used as an investment opportunity rather than the latter?
14604  Economy / Digital goods / Re: Hi All... on: September 24, 2015, 06:14:35 PM
I have a mql4 code that runs inside metatrader. This software buys and sells automatically for you generating profits that gravitate around the 15% monthly.


Wow - that means for every dollar you invested 10 years ago, you now have $1.9 million dollars! 

15% interest compounded over 120 months!

Tell us another one, liar.   Roll Eyes

I wonder why would this particular user share his/her 'secrets to fortune' in a bitcoin forum?  Roll Eyes
If this software works with bitcoin arbitraging/trading, that would be great. Cheesy
14605  Economy / Services / Re: I'll sell you pizza for BTC on: September 24, 2015, 06:11:04 PM
Kindly specify which countries would you be servicing in the OP so that people won't ask redundant questions in just a single matter. Also, what toppings would that be? Wouldn't there be anything else aside from Papa John's?
14606  Economy / Speculation / Re: The most true, but also the cruel price prediction on: September 24, 2015, 06:06:37 PM
Anyone who thinks that the ATH from Nov. 2013 is of natural occurrence must be out of his mind. People should have long realized that it is purely manipulation right there, not some natural market movements. Up or down, I'd still stay no matter what. Besides, I first came here for the purpose of learning something rather than profiting off of it, so why would I even care at all? Smiley

14607  Economy / Services / Re: We'll share 1000$ with you. on: September 24, 2015, 06:02:21 PM
Though I don't know him much, from most of the articles that I've read that includes him, I think he's the type who'd actually deliver, especially in terms of money. It's just funny to think that he would throw money out to gain more members and users for his forum.

I'll pass.
14608  Economy / Speculation / Re: No More Rocket To The Moon Ever on: September 24, 2015, 06:00:57 PM
No more rocket fuel to the moon or not, still there is a lot of money to be made just by staying in bitcoins. Also, it is not surprising that we are not actually going up price-wise. Big investors and companies only put their money in the block chain technology, and not the cryptocurrency itself. If that happens, then we might even see even a glimpse of the moon that all of us wanted to see.
14609  Economy / Economics / Re: What you will do if bitcoin price drops to 50$ and you have lots of bitcoin on: September 24, 2015, 05:53:52 PM
if it does, then I will most likely buy more up to about 100 BTC.   lowering my average

I would buy all the Bitcoins I can afford

Too much optimism, I'd say. What if the scenario below happened?

Say most of the major investors and people sold out their coins, and there's no one left but a few couple hundred people who holds btc thinking that somehow it will go up again, Would you be glad and proud that you belong to the thriving and the remaining people of the community of bitcoin or will you have big regrets in the end? Just wondering.
14610  Economy / Economics / Re: What you will do if bitcoin price drops to 50$ and you have lots of bitcoin on: September 24, 2015, 03:03:12 PM
Sell most before it completely hits its lowest point and buy back in right before it goes up. And also, I doubt that it would ever reach that levels again. It's not that it won't, but it's very improbable.
14611  Economy / Digital goods / Re: $1,500 FOR BLOCKPROOF.COM on: September 24, 2015, 02:14:41 PM
Also, try to ask the potential buyer if they could buy the domain by paying you with bitcoins instead of paying from a credit card. In that way you can avoid a potential chargeback in case you handed over the access to the domain and they want to scam you.
14612  Bitcoin / Bitcoin Discussion / Re: Where do you store your bitcoins ? on: September 24, 2015, 02:04:41 PM
For spending and some other purposes, I usually keep it in an Electrum desktop/Android wallet. For large amounts of coins, I keep it in a paper wallet generated offline via bitaddress.org. I do have some couple of bits in some online wallets, but I never did store a chunk in there because personally, I don't trust web-based wallets.
14613  Bitcoin / Bitcoin Discussion / Re: "Seven Percent" Bitcoin "7 Percent" Bitcoin on: September 24, 2015, 01:51:22 PM
So many 7s in there! Those events weren't just coincidence. If it is, then it is one, truly unique incident.  As always, I'm fascinated with your posts Gleb Gamow. Smiley
14614  Bitcoin / Bitcoin Discussion / Re: Bitcoin...? on: September 24, 2015, 12:47:18 PM
How many users (estimated) are there in Bitcoin right now?

It seems to me that 4-5 years are needed to achieve this...

people estimate between 500k and 5 mio. i tend to estimate 1 mio.

hard to estimate the growth in the next 5 years  Smiley


maybe in 2020 we have 50 million users.
in 2025 we have 1 billion. who knows...even Instagram got 400 mio users within 4 years  Cheesy

Well it seems that the number of bitcoin users are sitting between 1m - 2m. Though the numbers aren't that big compared to other social networking sites, at least we're here, given the fact that bitcoin is not that easy to be familiar with (given the technical terms and other geeky stuff). In the next years, maybe we'll see a huge spike on the user base of bitcoin, if people tries to see what bitcoin has to offer.
14615  Economy / Digital goods / Re: $1,500 FOR BLOCKPROOF.COM on: September 24, 2015, 11:13:29 AM
Already a good offer. If I were you, I'd probably take the money and use the proceeds to do some bitcoin-related projects. Smiley
14616  Economy / Economics / Re: How to split bitcoins price? on: September 24, 2015, 11:11:17 AM
Ok I agree bitcoin is used to buy things so its not exactly a stock, so my other question is how can bitcoin become a stock?

It can't, simply because no one owns bitcoins as a whole. Also, there are no guaranteed returns in buying bitcoins, so it's very far from becoming a stock.
14617  Bitcoin / Bitcoin Discussion / Re: Operation Caelus;We will send a bitcoin satellite to space! (Join Us!) on: September 24, 2015, 10:15:29 AM
Any updates on how would the CubeSat be? And what would be the estimated budget of this project? I'd like to try my hand at creating a model of the CubeSat if I have the specifications of it. I'm eager to have even the final model of the CubeSat finished! Smiley
14618  Economy / Economics / Re: How to split bitcoins price? on: September 24, 2015, 10:13:32 AM
Eh, that wouldn't just happen in an asset with a very limited supply imo.

Sort of like what microsoft did



Basically your bitcoins will double with each split while the price is maintained at comfortable prices



You can't do what MIcrosoft did to their stocks in Bitcoin. Bitcoin isn't privately held by a company, so no such thing like this could be applied in bitcoin, ever.

To put it simple: Bitcoin is not a stock.
With a stock, there are certain rights, that you buy with the stock. As far as I know, people also don't always think in: How many stocks do I own(absolute numbers), but what is my share on the company(percentage). So, there might be the purpose of splitting the influence on a company by splitting stocks.
With Bitcoin there is just Bitcoin. The only purpose, I see for what you are proposing, is speculation. So, please go to the speculation section.(besides what you are proposing will never happen anyways)

Just this alone explains why it wouldn't happen ever.
14619  Bitcoin / Bitcoin Discussion / Re: In your own words: What is the purpose of Bitcoin? on: September 24, 2015, 10:08:29 AM
Whenever I see a definition of bitcoin replacing the traditional monetary system that we have right now, I couldn't help but cringe at that statement. The idea of bitcoin, though good and very promising, will never replace the traditional fiat currency. It may for the first time in forever help people manage and control their own money without the help of any other intermediary banks or governments, but bitcoin would never, ever replace fiat. That's how I see it, at least.
14620  Economy / Services / Re: [OPEN] [HIGHEST PAY] COINUT.COM ★ Signature Campaign ★ Pay per post ★ Weekly ★ on: September 23, 2015, 03:34:13 PM
Signing up for this campaign. Smiley

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