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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no read the other thread about no-sense chain a and b, only one in the end will be operative, and you will not lose your coin, it's like a standard client upgrade in the end, so don't be stupid and don't dump anything
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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?
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It's definitely a mistake.
I doubt anyone would pay roughly $5750 in fees just to send $0.29
It just doesn't make sense.
there was a 89 fee once, it could be the same drunk guy who is confusing fee with the actual amount to send |
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Well, some aspects of this story are really true, such as "Silk Road will never go away". As long as Bitcoin/Altcoins exist, things can be purchased relatively anonymously and it let's criminals get hold of "money" easier.
I think the lesson learned by silk road is that having a large center of business is a bad thing. It makes it vulnerable to shut down. So I imagine that anyone doing something illegal would turn to non-centralized communication, maybe something like skype to communicate. So certain black market dealers would become known for their specialty and if one of them got caught then the rest would still be out there dealing. I have no experience with this stuff so I could be way off base here. you mean something like open bazar, but they clearly stated that their intent isn't to run a silk road 2.0, but we know that criminals will use it too, so i wonder how they can mantain their promise... I haven't heard of that site, but I am guessing it is like megaupload was. Sure a lot of pirates used it, but also a lot of legit people like musicians, who would earn some income form letting people download their music from there. Unfortunately everyone lost. I hope this does not become the case with open bazar. "Yeah, i don't think he gets what the concept of decentralized means. Skype runs on servers somewhere" I said LIKE skype, NOT skype itself. I think its hilarious that you don't know how to read. i don't remember that megaupload was decentrilized, so they are actually quite different, open bazar is more like a decentralized ebay, or decentralized silk road if you want, it just depend on who will use it but there will be more control for criminal in comparison to silk road |
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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 |
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next would be mining with electric toothbrush or electric shaver, basically everything electrict for personal care
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giveaway is stopped because of mass fraud registration..
this mean that they will not repeat another one, well it was expected, those online giveaway always end in this way |
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i'll copy past here, my little suggestion i was thinking that you should add a really cool faucet to attract more investiors, something that work with level, each level is equivalent to 100gh/s of hashpower
they start with free earning from the faucet, let's say the standard 1k every hour, then if they want to invest on the 100gh/s to raise the level of their miner(add a cool graphic that display an initial miner with level 1 then 2 ecc....)
they need to pay something like 0.16 or what is the current rate
So a faucet integrated in Bit-X? I'll pass it onto the team but doesn't seem like something they'd add. yeah but a sophisticated faucet not a regular ones, too bad because i was planning to invest with my proposal  |
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I do not think, you can get a lot from BTC faucets. Free BTC do not exist in fact. Better choose good BTC mining company. They also offer sometimes free trial BTC mining too. i only know about cloudminr.io that is offering 100 giga for free and for a limited time you are saying that you can get a lot from btc faucet, and then that free btc does not exist? something is wrong there...checks your fact free bitcoin exist(no investment besides your time) but easy money not soo much, you always need to move your ass and work hard if you want something |
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If you want to earn bitcoin quickly then I would suggest you to go for betting on the internet. There are many websites which accepts betting money in the form of bitcoin but ya the risk factor goes hand in hand but as you want to earn quickly I think betting on sports is the right option.
betting on sport may look easy, but is still a gamble, my suggestion is to begin without multibetting(i lost one bet because of this, i would have won if my bet had been only on one 1 match only) on those site, and to bet on something with an odd of 3:1 at first not more |
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Thanks for the simple explanation. What are the implications if someone uses other wallets? Example blockchain.info wallet, electrum, and many others? I think this will cause serious uncertainty in the beginning if the blockchain forks. It is best to avoid a fork if possible.  when electrum or any other client require you to choose the path of your bitcoin client, you simply tell him to use core or xt, no difference for the OP, there will be a dump in the price(50%) if we can really double our coins with this fork, i don't like that at all |
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don't think anything will change this year. we might start seeing signs of life in 2016 as the blockhalving then comes closer and closer. how much mtgox coins will be released to users if ever? don't think many will sell them directly.
will block halving actually have an impact on the bitcoin price? why should it? or you mean more people will think that price will grow and they will buy? the reason is obvious, miners mine less coins(50% less)--->less dumping on the market(if we assume that right now there is a 50% it still mean 900 less coins dumped each day) ---> less sell pressure ----> price increase the problem is that there has to be new money comming into bitcoin. if this isn't the case then the price will fall back after the halving and we will face the same situation as we have now. no, not possible, something must change, if it is not the price then it will be the hashrate, it cannot remain the same as now |
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I am considering stagnant situation a good thing for bitcoin since it helps bitcoin grows more in the long-term and more people come to bitcoin era.
I dont think that stagnant situation is a good thing for bitcoin in this time, because with the stagnant we can't even do anything with our bitcoin and the price wont raise to high so people wont got any profit from it. May be for some newbie they have a chance to buying in low but for higher member I dont think they will happy with all of that what a mentality. you can do everything you want with bitcoin at current price. the stagnation doesn't change anything. so you are only willing to use your coins if the price will sky rocket... With the volatile price I also can do anything without any concern of it. So why should I wait until stagnation time to do everything that I could do? I dont think stagnant time will make your coin value going high and grow your bitcoin. Stagnation doesnt affected your bitcoin at all If you consider bitcoin investing you may consider that fluctuations is well but I think stagnant can lead more shops use bitcoin and increase price of bitcoin. stagnancy is only good for building trust, among average users and new merchants, but we should not remain forever in this situation, or bitcoin will not grow ever, we are aiming at much higher with this technology |
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I dont think we'll see many replies here, people are too busing making fud threads while not proposing any solution. Then again, what gentlemand said is a problem, if we'll need more and more forks it doesnt sound good. Hopefully if they make a fork, it's a fork that is self adaptive to this problem so we don't need to ever fork again.
the proposed alternative are not good enough, hence the only solution is to go ahead and making this change, other 4 devs are worried that in the future it might be necessary to fork again because 20mb would not be enough, but with 20MB we are in the same boat as visa or mastercard(if i'm not mistaken, don't remember they number of transaction per second), talking about transaction per second, worse case we should do 30 mb right now 20MB gets Bitcoin nowhere even close to VISA/Mastercard processing abilities. Visa on a regular day processes 2-3000 tx/s, and has a peak capacity of about 40,000 tx/s 20MB blocks give Bitcoin a theoretical capacity of about 140 tx/s, in practice it will be more around the 70tx/s For Bitcoin to have the same capacity as VISA alone on a normal day, would require block sizes of around 500MB, to be able to handle VISA peak of 40,000 tx/s, blocks would need to be about 10GB tnx for giving me the exact numbers, then if those are correct we only need another fork for 400-500, with another rise of x20, i don't find this to be a big problem like the others 4 dev are claiming, and complaining about |
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in the current scenario litecoin is a safe haven if the sky does fall for bitcoin over this fork.
Why? In any case Litecoin is a pretty abandoned coin (look at its reddit activity) that may or not may get a huge pump and dump in the coming months only because it is the original altcoin so to speak. Bitcoin will be with high likelyness worthless 12 months from now. Pumping LTC to a decent cap makes sense because we need a coin to trade other coins against and too many people are repulsed and disgusted by Gavin and Bitcoin in general aswell as parts of this community. So a LTC pump makes a hell lot of sense from my point of view so the retards can make their circus and we don't need to care. no it doesn't make sense, ltc is suffering the same problem of the TX limit, it doesn't affect it only because litecoin is ignored by everyone, no own care anymore about others coin, litecoin traffic is not on par on bitcoin, so 1MB maybe looks fine there, with 4 cats playing around |
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So what are the proposed solutions that aren't the 20MB blocksize fork? I want a list.
blockstream, basically sidechains, 20 of those is like having the current limit raised to 20 as a far as i know there are no others alternative, either 20mb or sidechains |
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I dont think we'll see many replies here, people are too busing making fud threads while not proposing any solution. Then again, what gentlemand said is a problem, if we'll need more and more forks it doesnt sound good. Hopefully if they make a fork, it's a fork that is self adaptive to this problem so we don't need to ever fork again.
the proposed alternative are not good enough, hence the only solution is to go ahead and making this change, other 4 devs are worried that in the future it might be necessary to fork again because 20mb would not be enough, but with 20MB we are in the same boat as visa or mastercard(if i'm not mistaken, don't remember they number of transaction per second), talking about transaction per second, worse case we should do 30 mb right now |
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