The government should not start any taxation.
This wil not benefit the users.
in fact they only care about their benefits, they don't give a flying fuck about people, taxes are like legitimate/legal stealing or stealing in disguise |
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I believe Gavin did many good things for Bitcoin, but I also believe some of the things he defends are not based on solid grounds - I also believe he did some shady, or at least dubious, things in the past. The fact that he sides with Mike Hearn is very telling, as Hearn always tried to kill bitcoin decentralization and fungibility trying to push awful proposals like blacklisting.
On the contrary, people like Maxwell, Wuille or Peter Todd always convince me with their reasons. I know for sure with whom I'm siding with - the latter group. I'd bet most miners will stand with them too.
i find also hilarious that gavin was not doing this for the money, he said it many times, but then he is talking about cashing out before something bad happen the true is everyone is here to dump for fiat, none is actually going to care about the tech behind bitcoin, maybe only satoshi(but then he would not have mined 1M coins) p.s. i confused gavin with maxwell, nevermind my first sentence is wrong... |
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I voted Core. We need a fee based system not a free system. We need to raise fees to stop the spam and all those transactions under 1 cent in value. Do that and you remove like 50% of blocks size
it's not about spam, it's about being prepared for an increase in adoption, which is something that we all want, otherwise bitcoin will never grow, something must be done for sure, 20 mb or blocksteam, there are no other solution apparently and staying with core isn't an aswer |
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in the end are miners that will decide, like i said, , but why 90%, would not be sufficient 51% for this?
That's exactly the part people don't understand. The fork does not go live until 90% of the network announce that they're ready for the fork. still i can't understand why the network need 90% to go live, 51% usually define the majority |
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I don't know whether I should involve this, but I have seen some arbitrage bots promising to make you returns upto 6-10% a month, so you should definitely check 'em out...
From what I understand arbitraging is useful for trading when you do so on different exchanges. So how would bots help you on the same ? there are bot that can work on a different exchange, with the varioous api, you need first to build your own platform connected to every exchange, the the bot can proceed to play with all those market, like it was one big market, there was an example of this, done by a users i need to find the thread, i'll update this post... ok found it http://bitcoinpricelab.com/, still looking for the owner |
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I don't think US dollar will collapse. Euro is the one may collapse. In the past several month, the Euro rate to us dollar drop very fast.
in the end none will collapse, i don't remember any collapsed fiat in the past, and there was a bigger crisis than this(wall street crisis if someone remember) You don't remember because it happens about every 70+ years. But for now no dollar collaspse. The US stock indices aren't even down to where they were three couple ago. At the beginning of April the Dow was at around 17,700 and the NASDAQ was at 4,317. you are right there was some collapse, around 1932, but those fiat weren't big fiat on the first place, so i should rephrase my comment, to something like, it never happened that a big fiat currrency like usd or euro was ever crashed in the past? |
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To think about retirement + Bitcoin you need to have clear the fact that we are still discussing hard forks, in other words we are still in the very early stages of BTC. We have yet to find a formula and solution to make it scalable so you can star thinking about Bitcoin has something that will predictably have 100+ years of life and beyond. Once they fix this, i'll put most of my wealth on it, until then, I will treat it has something exciting but not think about it as a retirement tool.
the possibility of a fork happening even when bitcoin will reach fully adoption isn't so unlikely, so i don't see the reason to not invest now for you retirment, instead of investing when bitcoin may look more finished To think about retirement + Bitcoin you need to have clear the fact that we are still discussing hard forks, in other words we are still in the very early stages of BTC. We have yet to find a formula and solution to make it scalable so you can star thinking about Bitcoin has something that will predictably have 100+ years of life and beyond. Once they fix this, i'll put most of my wealth on it, until then, I will treat it has something exciting but not think about it as a retirement tool.
Retirement account seldom need transaction for weeks and even years, so the scalability for that purpose is quite good even if all the earth's population is counted Fork is annoying, but those who have experienced 2013 fork will understand that it is not that dangerous like it sounds i missed that fork, it happened after my registration on this forum, i wasn't aware of it, it look to be on the same entity at the upcoming fork, but while that fork was a mistake, this is intended |
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This period of remarkable stability was known as "$5 forever"
yeah but it was in the same range for many other month, basically from late 2011 to all the 2012 until the halving, so something much worse than now, compared to that time the current price stagnancy is still a joke |
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This stability will get Bitcoin zero publicity. There is no way the news is going to report that Bitcoin's price has done nothing for weeks. It takes wild price swings to get publicity.
better to have stability than dumping, and pumping is out of the question for now, just use this phase to accumulate nothing else So i hear someone is trying to fork bitcoin? A friend said one of the devs is threatening to do it, is that true?
How dangerous is that? If we get forked, would my bitcoins still be worth something, or is it game over, like my friend says?
Can someone ELI5 please?
Thanks!
they will be worth what they are worth now, don't panic plz, and don't sell anything there are just certain individuals that are spreading fud, to make people like you dumping read this https://bitcointalk.org/index.php?topic=1076511.0 |
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We can see a trend here. Weak economies tends to ban bitcoin. They see Bitcoin is a threat to their weak currencies, they have to ban it.
Rather than the threat, the laws in those countries aren't clearly defined regarding bitcoin . Banks and Governments can't pass rules or laws overnight, so most of the banks avoid it. There are always exceptions though. Just because there isn't a clear law defined for digital currencies being used , the image of bitcoin being all gambling and drug related make it worse in those countries. Bank & Governments views it as an threat so it is really difficult for the people of that country to really rely on the government that they will accept bitcoin as a national currency and it doesn't make any difference whether government supports it or not as it is decentralised people who are familiar to bitcoin they will definetely use it as a mode of payment. what bank and gov think, really does not matter, bitcoin could be used comfortably at home by anyone even if in that country the cryptoicurrency is banned, and you can already buy with it everything, by using service that pay for you in bitcoin, like purse and all4btc, the only problem is taxes, so when you declare they may know that you used bitcoin to buy all your stuff |
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you got lucky, because of the recent fud about the tx, limit, otherwise we were climbing nicely...
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How will the limits effect on the value of per Bitcoin?
probably some initial dump due to fud and random mistrust, from some whale especially, but we will stabilize after that, to the current price again one could expect a sub 200 this time, more easily than before i guess... |
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i'm not from 2012, but i think i'm gonna sink with this ship, i can't sell at this ridiculous price ever
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as long as would return to its value afterward, i'm not so concerned to return back to bitcoin's root, i will simply buy more, it would be the second train that everyone was waiting
but i still doubt we will see something like 1 usd for bitcoin ever again, it can't happen because of miners, they control the network and the price too for some extend
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Due to the random nature of bitcoin, how to make the confirmation more regular for miners?
you mean no swings of the average time? i think that's impossible, unless the diff stay there indefinitely, without rising or decreasing, and diff is based on price, so again we are returning to the stability of the price, to reach that point |
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it could be a good opportunity to return now, and share some light on the upcoming client upgrade for the TX limit, it would definitely increase the faith of many users about the future of bitcoin
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Best option is to buy bitcoin while its cheap hold it for a number of years and wait for prices to go back up. Got into BTC when it was at $13 a coin wish I had bought more than I actually did then and waited for 2013 and sold. Shame only bought like 60 to 80 of them and in time bought more sold more and exchanged. Should of just bought a tun of it when nice and cheap and enjoyed the return on it from going up so much.
Sounds Great.. I think this is the right time to invest in bitcoin if you want to make your future safe and secure. The prices have collapsed right now so I believe investing at right time is more important just buy it and forget it and when the prices go high sell a part of it and again buy when prices are down. the problem is that you don't know what is the right time, right now it may look like a good opportunity, but the recent gavin news, could cause a dump in bitcoin, i would wait a bit more, too see if we can sustain the 200 floor |
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It was the same Gavin, who went to the authorities, that presumably forced Satoshi to go underground.Did Satoshi differ from Gavin on this step? Was he mad about this? Was he scared or threatend? .....Did he find out something, we all did not know? ...... Nobody except Gavin know, and he is not saying much. He has the key to the kingdom, and nobody is really asking questions on how he got there... Gavin has been a very loyal supporter of Bitcoin, nobody can dispute that... but his latest actions puts a dark smudge on everything he did. Nobody is bigger than the community  It's not something that we know for certain although the evidence does point towards it influencing Satoshi's decision to leave. Satoshi was already mostly inactive on the forums by late 2010 so it's likely that he was planning to disappear long before Gavin announced he was giving a presentation to the CIA (in June 2011). I don't understand his great efford to force this 20MB fork. Is there something, that depends on this big blocksize other than just transactions without fee getting stuck? Why not strenthen peoples will to pay a 0.0001 BTC fee instead?
how adding more fee will help?if 10 ten people want to do a transaction at the same time only 3-4, will go through no matter the fee, the fee will just prioritize who has the higher ones Enforcing a higher fee would probably reduce the number of spammy transactions though - i.e. so that instead of having 10 people wanting to make a transaction, you might find that only 5 people want to make a transaction. yeah but this can't resolve the issue, those 5 will wait for the next "second" to do that transaction but then another 5, will not do it for the same reason.. in the end you will have a long queue where a number of transactions(which keeps getting higher each day) are stuck because of the limit, and the fee can't do nothing to this... |
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i just hope the government support legalizing bitcoin
what country do you live? because in some bitcoin is already vastly legalized, in a few countries is banned, like india thailand/taiwan ecc... |
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