if ethereum dies many of the exchangers will get bankrupt  meaning almost all of the exchangers will bankrupt and investors also they will lost their money and will not gain profits anymore. Nope... how they will get bankrupt, if a single coin dies? There are hundreds of other currencies out there. If the exchanges had invested a part of their revenues to purchase ETH, then it is a different story. The same with traders as well. IMO, Ether may not die suddenly. But with the current exchange rates and the market cap, it is looking like an over-inflated balloon. |
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Just two weeks back, someone spread the rumor that he had died in a car crash. And now he has to deal with this one? Jokes apart, the guy looks very unhealthy to me. Perhaps he is spending too much time in front of his laptop. IMO, he needs to get a girlfriend, and spend some time in the beaches and pubs. Now he has the money. He can afford vacations and girls.  |
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What fun reading back to 2015 in this thread. There's a ton of broken dreams and wrong predictions out there.
But those who invested in them back in 2015 were able to get anywhere from 10x to 100x profits, right? It depends anyway. Some people get frustrated after one or two years and dump their coins. Some others patiently waited for many years to sell their coins at a good profit. I am sure that the second category is smaller in number than the first one. |
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Translation: Some Chinese exchanges want to add Ethereum the ICO scam coin. uhhh ? so fucking what ?  Of course.. they are missing out on greedy scammy profits. My thoughts as well. Seems like some of the big fish want to pump ETH, so they can dump a part of their secret stash. AT this point, it must be remembered that unlike the case with Bitcoin, only a minority of the ETH coins are trading in free-float. This is one of the reasons why the market cap of ETH has risen so much. |
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North Korea is the only country in the world that is creating a lot of nukes
The last time I checked, the United States had 80 times the number of nuclear warheads that the DPRK had. So you can't put all the blame on the DPRK. We should strive for a world devoid of nuclear weapons. None of the nations (including super-powers such as Russia, United States, China.etc) should be allowed to possess nuclear weapons. |
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I saw this link http://www.uznayvse.ru/news/85865.html on the blog shared by OP - a Russian site, blog entitled "Burger King "will start taking bitcoins in 2017" (I translated it from Russian to English using goohle translate). If it's true, It won't be much of a hassle if they will be using QR code and I think the problem will be the fees and not the confirmation since bitcoin transaction is irreversible. However, if I'm the customer I'd still rather use cash than BTC. If they accept payments from Coinbase rather than directly accepting BTC payments, then none of these problems will exist. The fee will be low and there will be instant confirmation. And most importantly, getting refunds may also get easier. Since the fee charged by Coinbase (i.e the one payable by Burger King) is higher than the one charged by Visa/Master, they may even give discounts on BTC payments. |
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If we want to stop the fees, then we would have to stand together and not pay them until they dropped, but we keep paying them and by accepting them, we approve them. There is no other choice. Some people may be having no issues in waiting 2-3 days until the payments get confirmed. But in most cases, the users will be quite desperate to move their funds and they will be forced to pay the high fees. |
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No man you got this wrong even i have heard about this news but there is a very few number of bitcoins stolen. What happened was one of the employee's computer was hacked and not the official computer. Plus only the emails and personal information was leaked if this was a hack by now the price would have crashed super hard.
That's not what I heard. If I am not wrong, the funds were stolen along with personal information of thousands of users. But still, it is the second part (theft of personal data) which is the most worrying aspect of this hacking. |
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It is not just the crypto and the fiat which were stolen. The personal information (including passwords) of thousands of Bithumb users were stolen as well. This is going to be very worrying.
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I believe that it can go even further. A lot of good news has come in during the last 24 hours (South Korea, Jihan Wu / Bitmain, SegWit2x support.etc). I expect the exchange rates to cross $5,000 per coin before the end of this year.
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Seriously, the more this clown (Wu) starts to talk, the more I start wishing him to fork off and leave Bitcoin in its current form alone. No one is forcing him to stay. If he ends up doing that, then he can terrorize and centralize everything as much as he wants, which is exactly what he is aiming at. Greedy bastard.
That is exactly what he is planning to do, right? He is planning to remove Bitmain's hashpower from the Bitcoin blockchain and he is going to use that to set up another altcoin. Anyway... all the best with his new venture. |
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^^^ Thailand and the Philippines are going to be prime targets for the ISIS in South-east Asia. The reasons are the following:
1. More than 95% of the population is non-Muslim
2. A large section of the Muslim population in these countries are sympathetic to the ISIS
3. Both these nations have porous borders, through which foreign fighters can infiltrate.
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1,000,000,000 Won = $875,853.23 = ~330 BTCthis is not even in the top 20 exchange hacks in the history of bitcoin this is more like the amount that some whales lose if they have a bad trading day... According to Coinmarketcap, Bithumb is at 4th place in terms of BTC trade volumes. But it may be a temporary spike due to the news of hacking. Also, in Bithumb, ETH and LTC volumes are much bigger than that of BTC. This news came at the worst possible time. There was speculation that South Korea was going to legalize Bitcoin. |
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Oh thanks god! Thanks Jihan! Please mine your own coin, please let go off bitcoin.
Another good reason to mine bip148 for miners!
ROFL... have to agree with you here. In general, the role played by Jihan Wu and his Bitmain cartel has been quite negative to the future expansion of Bitcoin. If Bitmain is removed from the scene, then it is going to help Bitcoin users in a big way. And just a simple question about this new altcoin. Are they going to mine it from the scratch, or are they going to organize airdrops for the existing Bitcoin hoders? |
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Yes. I believe that Bitcoin has the potential to give 10x or more profit in the mid term. So I am saving a majority of the coins which I earn. But the big question about Bitcoins is when should we sell them. If the current price spike is a bubble, then there will be no use in holding the coins for so long.
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I am really curious about a technical side of this project, what about bitcoin fees? Burger King is not some luxury restaurant where meals cost hundreds of dollars.
Currently, bitcoin transaction fee is probably equal to the cheapest burger you can get at Burger Kind. How exactly are they gonna solve this issue?
Someone said that they will simply accept payments only from Xapo or Coinbase and steer in the way of off-chain transactions. Is this even doable?
What is (not) doable here? You send your money from your account at Coinbase to another account there using an email address, which is your login (so you don't even need to know the Bitcoin address of the recipient). I had (and likely still have) like three wallets at Coinbase, and in the past I often moved funds between these accounts without delays and paying any fees. I haven't transferred coins in this way for a few years already, so maybe it is possible to do by using your alias or something to that tune (I'm not using this web wallet anymore) Coinbase is a third party payment processor and this means that Burger King will not be directly accepting Bitcoins from the clients (if they decide to accept Coinbase payments). But the issues with delayed confirmations and high fees can be resolved by using Coinbase. Burger King will also benefit from it. I don't know how much they charge the merchants, but I believe that it is somewhere around 0.5%. |
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I can't confirm whether this news is true or if Bitcoin will ever become a legalized method of payment in South Korea. But if it happens, then the exchange rates are going to hit $3,000 per coin. If Japan can take Bitcoin from $1,000 to $2,500, then South Korea can take it from $2,500 to at least $3,000.
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IMO, investing your BTC in altcoins may be more safe than investing them in crypto-stocks. Another option is to give out loans (either short term or mid term), to users here in Bitcoin talk. But still, I would advice you to keep at least 50% of your stash in cold storage, without investing them anywhere.
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violence is necessary to fight illegal drug.
Violence must be the last option. In my opinion, the government must try other avenues such as legalization, awareness campaigns, community education.etc before using violence against the drug paddlers and the users. But from what we are seeing, they are directly using extreme force without considering about any other option. |
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The oil industry is gradually becoming irrelevant in the modern world, due to the number of electric cars in the system, the other oil producing countries should just come and reduce production cost, that will cause a small shortage in the international world and drive up the price of oil once again.
The electric cars are having close to zero impact. Due to their high cost, the electric cars are unaffordable to the vast majority of the vehicle owners. Now coming back to the topic, what has caused the irrelevance of the oil industry (and OPEC in particular) is the expanding role of the American shale oil producers. |
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