one thing that is annoying me to death, can you do that when you visit the website you are already in the sing-in tab? because some times, i forget about that and i start writing my password on the sign-up field...
So when you go to kraken.com, you want to be automatically directed to kraken.com/login? Is that what you mean? yeah exactly, maybe it can be done only for those who are already registered, based on their ip? just throwing this out |
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there should not be any problem when dealing with localbitcoin, aside from some account that can be bought for scamming purpose, especially those with high trust , but i don't know if they are still selling their account there
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I don't think Bill will invest in Bitcoin, or at least publicly. Im convinced he owns some, not a serious stack (by his standards), but im sure he owns quite a bit compared to all of us. Hell Microsoft accepts Bitcoin, and he has talked positively about it, so im sure he got some. But making it public? Not sure if it would benefit him. Bitcoin has some anarcho-capitalist like features that he doesn't enjoy.
I agree with you because I also think he owns bitcoins and is funding bitcoin research and development or at least exploring ways to use bitcoin. But he simply can't accumulate 1 million bitcoins or anywhere near it without sending the price skyrocketing. The more he buys, the harder it gets to buy. Satoshi has a giant headstart and it's only going to get harder and harder to catch up to him no matter how rich you are. he could in theory buy 2k btc per day, in 1.5 years he would reach one million, basically he should equate the dumping from the miners, the price will rise if he do that because the demand and supply is well balanced now but if he can divide his buying in multiple small one, let's say 200 btc every hours, for 10 hours a day, the price should not jump by much he can match satoshi in this way, but he need to move nnow that coins are cheap |
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Please close this bullshit this is pure bullish FUD.
No I'm not a bear ..
how it is fud? we can only get better if they will accept it, otherwise will remain in the same situation as we are now i don't see any fud here, anyway... they are not doing it for now because the tx limit is ridiculous for their big business so don't expect them to accept bitcoin before 2016 at the very least |
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For ten or twenty million bitcoins to become worth hundreds of thousands of dollars each, trillions of dollars would have to go *poof*. Which means the world economy would have to go *poof*.
Does this make sense to anybody here? You don't go from a few billion to trillions like walking across the room. It's more like having a hurricane blow the roof off and getting sucked up into the sky. But people are talking about it as if it were a routine matter that fits into present thinking. It's a fantasy.
Nothing has to go poof for bitcoin to get to $1 trillion (10^12) as all wealth was ~223 trillion is 2012 and probably at least 30% higher now. So, the question is: to get to $1 tril (or ~$50k/btc) can bitcoin gather 0.5% of all wealth or 15% of wealth currently in gold? Maybe. How many years did it take gold to get the the point where it was 0.5% of all wealth? To build all of its deep, deep cultural capital in both the West and the East? It took some decades for the dollar to be a global currency used by all the world. Why bitcoin wouldn't be able to go faster than the dollar when we know all the advantages of bitcoin. Bitcoin is made to be the currency of the world. The bitcoin network can handle 2 transactions per second. It couldn't function as the currency of Jamaica. the changes are coming, and if really bitcoin will move faster than gold, then in another 4 years(which mean 32 MB limit for TX, based on the new plan of Gavin) bitcoin should achieve what it was aiming since its launch i expect a good rise, at max around 2024, when miners activity will not count anymore as a form of dumping |
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Thank you for you input.
So when M00n?
I'm expecting a 60-90 day bullish movement. this is reassuring, but it will be a slow movementss in your view, or a fast rise? i still need to have bitcoin below 300 for the time being |
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A better question: why is litecoin better than monero?
isn't dash better than monero, they shares the same thing, but dash is a more suited name for a coin than monero can even dream about monero problem is its name really nothing else and litecoin isn't better than monero, people are more attached to it for emotional reasons... monero is "money" or "cash" in Esperanto. dash is short for "digital cash" Which is better? I'd choose "monero" over "digital cash" still i think it is better to use english name, for a wider acceptance, this is my problem with it dash is accepted already more than monero, this should tell you something |
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they cannot provide proper anonimity ever, because from the moment, you purchase a thing and you write your address and name, for the shipping tdetail you are already out of luck in regard to anonimity
also they are very expensive, when bitcoin is aiming at reducing cost for moving money, so a bit contradictory to use something that go against the philosophy of crypto
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Actually lending might be a good idea, just ask for their account as collateral. If they pay you back, great! If not, you get their account and could enroll it in a signature campaign.  or you could sell it for fast profit but what if you will not be able to sell it? it can be the case for asking for a better collateral or for an account that has at least a better value then the money you want to lend |
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Blockchain.info not refreshing anymore.
Other people with the same problem?
same thing, operations are much slower  |
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It's not exactly retirement planning though is it, it's basically just taking a punt on something with very low odds of long term success.
You don't need bitcoin to do that.
That is true and I don't think that bitcoin as an retirement account is an great idea as you don't know what is the future of bitcoin whether it will reach to a new level or else it would just disappear so it sounds little bit risk to hold bitcoin as an retirement account. everything is not certain at this point, bank can fail, your life can fail, your entire country can fail too, so adding a little risk and investing in bitcoin for your retirement, does not sound that off to me bitcoin is still more of a safe heaven then a secure disaster, it's all about probability not certainties, if something has more chance to grow then you invest in it, nothing more nothing less Ok but what do you mean by retirement account exactly? Telling your private pension fund manager to buy on your behalf some bitcoin in your portfolio, and trust the fund to not go bankrupt in the next financial crisis? OrJust buy yourself bitcoin with your savings and keep it in an offline cold wallet? the second one, but i think some one is implying the first one, maybe they are payed in bitcoin directly? if the you do the second one you mentioned you can essentially start to do it before your retirement kick in, i don't see any difference in waiting for your retirement to start saving in bitcoin, it should be done when the price is favorable, as it is right now |
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Gold is supported by governments and rich individuals who like power and control.
Bitcoin at the moment in the big scheme of things is a small market cap minor distraction to these people. Should it start to grow to a point where the people above feel threatened or start to loose some power or control they will simply ban Bitcoin.
Some may say you cant ban bitcoin etc. but if the government do decide to ban it a large % of population will cease to use it preventing it becoming mainstream causing the price to crash.
Russia and China are buying gold as quick as they get their hands on it for a reason, the same cant be said for BTC
They cannot ban it anymore, i mean it has passed the "ban singularity" at this point the only thing they can do is to tax it or regulate it. Or atleast try doing those. They cant ban it because more then 80.000 merchants use it, and we got a strong lobby community + politicians already ask "campaign donations" in bitcoin, so my impression is that they like Bitcoin, because anonymity is good for them too. Anonymity? That's why there's cash. Bitcoin transactions are fully traceable. yet it is not that easy as you think, to find the real owner of that particular address, also you need to do a very hard job, if the coin are well mixed, and you know that this isn't free for the government, if you elevate this to a greater order of magnitude(many people to track back) then it could become really expensive to track them all |
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since i dont wanna create a thread for this , i would like to ask you people whether
is it worth investing in cloud mining ?
i have been through some websites and noticed a very little profit in it.
===========Don't invest on cloudmining any more========== you will lose your money, trading is better than it, you can trade BTC-USD/eur/Cny lowest risk but still can get profit yeah i guess you are right . what about trading in altcoins ? will they return any profit or there is huge risk in it too ? they are very rishy, because of the wide range that you need to deal with, i think you can go with some of the most notorious and be relatively safe with your investments, like monero/dash/litecoin(was a good bet now because of the halving) |
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girls are gold digger, and probably bitcoin too, it is better to not mention it on your first date, she will love more your money than you guaranteed
there are exception but they are the minority
there was a prank about it on youtube, that confirms this
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GREXIT , greece's debt default   they also said that they don't like bitcoin particularly, but more its technology, the blochchain They? Did the whole country said that?  That's interesting because most Greeks do not even know what is bitcoin. Their prime gangster said that he dislikes btc... well obviously no, it was one notorious from their country, or one politician, i don't remember now exactly, it is an old news maybe Yanis Varoufakis but i'm not sure |
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if we pump the price to 1000+usd then everything would be solved 。。。temporarily . if the price bypass 10k usd ,then then everything would be solved permanently .
only if it is a natural growth, and not manipulated, otherwise it will only fall back from where it come from, like it happened to 1200 peak and we don't need another great bubble that burst after few weeks, again, because each of those bubbles will frighten newcomers, especially if the price is high enough like it was with the last one |
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they still don't provide paypal support and they would respond in the same way if you ask them, still uncertain about their future bitcoin support... yet i like how you said that you can only pay in bitcoin, i guess one should lie to help bitcoin adoption |
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why people are giving so much importance to greece exiting the euro, they were never a strong country in term of economy, when they joined euro they were already a bit poor, the crisis just hit them hard because of that, and nothing will really change if they exit the euro, especially not bitcoin
they also said that they don't like bitcoin particularly, but more its technology, the blochchain
Because small effects that can lead to severe consequences (the butterfly effect). Greece can be just the first domino the fall of which will likely cause a chain reaction that could possibly lead to Europe complete disintegration with the Euro sinking into oblivion... i know that i have wrote it in another thread, but it is only a possible theory, just pure speculation, nothing really say that it will happen, what i really think is that if greece leave it will only fade away , and thye don't want to leave because it is a bit risky for them to not have their ass covered by the central bank |
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i think that leverage is only good for good players that are constantly in profit by few % and they can boost that with leverage exactly
but for those who are at 1:1 ratio between loss and gain it is useless
assuming that the market will double or will go to zero
if player A is using leverage(x5) and player B is not, both are investing in two assets, in which they put 10% in the one with the higher risk and 90% in the other
if player A lose it will end up with 0% on the first asset and 50% of the second(he need to give back 40%), players B instead will be at 0% and 90%, so player A is losing 5 times more
if player A win it will gain 60% on the first asset(because 10%x5 leverage x2 market = 100%-40% that he need to give back) and still 90% on the second, player B instead 20% on the first and 90% on the other, so player A is gaining 3 times more
the ratio is 3:5, not in favor of A certainly
maybe i'm missing something, but it does not look wise to use leverage
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I have an idea, how about PoS mining .Just keep your wallet application running & you'll earn money Just choose the good altcoin, i recommend Diamond (DMD) for now. But, you must have a lot of that altcoin to start they are worthless, and they earning is abysmally low, like 1-50% of your stash and per YEAR so if you have 100 diamond, you will only earn 50 coins a year, which mean 50/365 0.13 a day, which at current btc/dmd price is 13k satoshi per day a bit ridiculous, when there are faucet that can give you 4k per hour... |
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