Why has no one posted a dino-chart lately?
Whatever happened to the MagicMexican guy.... I miss dinosaurs with great hats.
*sigh*
Nostalgia ain't what it used to be....
If I am not mistaken dinosaurs live in the 600$ era. Won't be long..........
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A few years ago there was a bunch of people bitching about stability. "If we only had price stability the world would be a wonderful place because everyone would adopt Bitcoin and we'll all be rich!"
Well, how's that stability working out for you?
Stability at $2000 is what they meant...
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Lol - time travel?
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I don't see how there's room for a bubble, it may rise a nice amount yes, but i really can't see a new ATH or bubble...
Like the Spanish Inquisition, no one sees the bubble coming before it does!
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My method for offline storage on paper:
Creating and loading the wallet -
1) Save to your hard drive the bitaddress.org URL for generating BIP-38 encrypted paper wallets. 2) Create a LINUX LiveCD for booting from a flash drive for a fresh, offline OS. 3) Disconnect computer from the internet, boot into LiveCD, and generate an encrypted paper wallet via the bitaddress.ord URL (running standalone). DON'T LOSE YOUR PASSWORD! 4) Save the wallet off as a PDF and also print multiple copies. Since it's encrypted, you can have a few copies and keep them multiple places and the PDF will also be available if the paper fades or is destroyed. 5) Reboot regular OS and head out to the exchange. 7) Send your bitcoin to the public key of your paper wallet, starting with a small amount and confirming it got there via blockchain.info.
Getting bitcoin back out of the wallet -
1) Using the block chain website or app on an android tablet, scan the encrypted private key of the paper wallet (I could also use the bitaddress.org code offline to decrypt it manually). 2) The app/site will ask for the key you used to BIP-38 encrypt the private key - type in the password used to encrypt it and the wallet's bitcoin will be accessable to send/spend. 3) Sweep the wallet into your blockchain online wallet. (Important since you must spend all coin in a paper wallet at once or risk losing the "change".) 4) Send any bitcoin that you don't want to keep in a hot wallet into a new paper wallet, created in the same way you created the first one. You can create multiple paper wallets at once above, so you can create a bunch at once and just move your change to the next paper wallet in the list.
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I don't think this analogy really works that well. The utility of email, the internet, and cell phones is a no-brainer - they all allowed people to do things easily that they couldn't do before they existed. We can already move money around quite easily and there aren't a lot of roadblocks in the modern world to saving, protecting, and spending money. It's more expensive than it should be, but people are generally able to do everything they like with money so no one is clamoring for a new, better way. In fact, in the age of computer hackers getting into most everything, no one wants to worry about having all of their wealth stored on a hackable device. They want it in a bank and insured.
3rd world countries are obviously a different story, but for the modern world Bitcoin just isn't providing that much utility that doesn't already exist.
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What's with "illegal drugs" being mentioned along with food and water? Weird...
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100% chance it will go down to double digits and eventually to Zero, because who's gonna buy sh*tty bitcoins when they are heading down, not even Chinese are crazy to do so. In fact I can guarantee you that everyone and their mother will panic sell every coin they have when bitcoin goes down to 80.
I thought fallling was banned?
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Sub 200 by Monday. Sub 170 by Wednesday.
Sub 30 by December.
Care to wager?
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I don't know what interview you all are watching - stutter-lishish...
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OP has solid math skills.
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I'm taking out a loan - this is too cheap to pass up.
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Upon further review I will give it a single gold star, but am still inclined to keep him on ignore. :-)
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Most of us have fonzie ignored - please don't quote his BS, no matter how creative (and dumb, really - like the precision of $1000 is somehow different than the precision of $100 per coin - lol).
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You have brought this upon yourselves.
And we shall sleep soundly in the bed we have made. In a year or two. :-)
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