I only knew about the news today after reading your thread. And it should be good news indeed. Although that does not directly impact the price but imagine if every game company does the same, it will definitely be different. Especially if you have blizzard
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I would like to know the minimum transaction fee of Electrum
Thanks in advance!
If your coins have high priority and your transaction qualifies as a free one, you are allowed to set 0 as the transaction fee. Otherwise, try 0.1 MBTC (0.0001 BTC) But i cant set the fee to 0 . I tried 0.0001 BTC Fee and it worked . Transaction is so fast. BTW How much is 0.0001 BTC in USD ? The program will only allow you to send without fees provided your coins fulfill certain criteria like for instance the age and transaction size. This should explain in more details https://en.bitcoin.it/wiki/Transaction_fees
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Yeah, why not? If only everything that we do can go perfectly according to plan but as we all know, we'll always need something as a backup in case plan A doesn't work out.
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Just imagine if we can convince them to use bitcoins
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If you truly believe in the future of bitcoin and you are soooo confident, then just buy as many as you can afford. Nobody can really predicts what's the price is going to be in 20 years, so rather it's a "hope for the best" scenario and grab as much as you can.
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$230 is far too low, that many companies and miners can't make good profit, and the development of the whole industry will slow down. This is my point about why we need a higher value of the Bitcoin.
I'm sure miners won't be mining at the loss. They would rather stop operation. Perhaps all the while we have been undermining the actual mining cost.
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In 2010, the price was only like 50 cents per btc and if they were told these type of news and event that would have taken place, they would expect price to be worth close to nothing, less than few cents I guess. So for them, if they were told it would be $200, nobody would still believe it.
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If you are not buying on margin, that shouldn't make any difference at all if it goes to $50. You can continue to hold on to it and commit long term on the price.
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They are not competing head to head, its different markets so i dont see the reason.
Exactly as what i was about to say. Both are not competing against each other so i don't see that's an issue
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I couldn't agree more on your statement. After reading all the horror stories about hacks taking place, common people who wish to invest in the coin will automatically develop that kind of fear. When you are putting large amount of money for investment, one of the priority is have it safe. Hardware wallets are going to change all that.
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that must be really something because for a banker who works in and out daily with the current system, and practically a slave to fiat... to acknowledge bitcoin as the future sure comes as a surprise.
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That's the best news I've heard thus far in weeks. We need more people like him to promote bitcoin and with his stature, common people would sure listen to what he has to say.
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Any other reason I could think of are probably those negative news we have been getting lately related to crime and illegal activities. I supposed that gave the wrong perception that conducting trades in bitcoin are bad.
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For me, I'll put aside price stability. In fact you can't do anything on that as speculation and trading are bound to take place. Instead measure the "value" based on the level of adoption and acceptance among the people. I'm more concerned on that than anything else. It's the fundamental that actually sets things right.
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I thought we already have that. Check out Hive Android which is basically a wallet where you can search for Hive users nearby and interact with them whether to sell or buy the coins. I presume that is decentralized enough according to your definition.
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For now, yeah, it's stable. Has been there for more than a week now. The highest in the past 2 weeks was probably at the 240 level and then it tanked again to the current 220 range. From here, anything is still possible.
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Fact is we will never know when is the right time to buy. Even with my gut feeling telling it's "yes" or when the chart and order book volume tell me that "now is the time", eventually it could still be wrong. Anyway, just spread your risk and buy small and have it distribute at different price level. this way you will average out.
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trolls are basically putting some statement or arguments which make no complete sense. However, if the criticism about the system and even highlighting the weaknesses with proof and evidence, that is not trolling.
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Whenever I see this question, I always said the same thing. You can either earn directly in btc (options are there but limited) or you can earn providing services, selling goods or whatever in fiat. Get a day job just like everyone else. Later use that fiat to convert to btc. It's still the same thing.
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