mine? Like the most of the people are here for to earn and try to be rich through the use of bitcoin.
Yeah, that would sum up 99.99% of people. Wanting to be rich doesn't necessarly mean one doesn't care about Bitcoin as an interesting pieceo of technology and the philosophic ramifications that the technology has on society. In fact, unless you don't deeply understand these, you'll never make it because you'll not hold long enough. |
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10,000 bitcoins. Not because bitcoins aren't valuable, but because you want to retire as a USD billionaire (in the present value of USD)  You dont need to be a billonaire to retire, therefore anything from 10 to 20 will be enough to make a couple millions in a decade or two. |
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Because if for X reasons you lose your wealth and you become old and shit on your bedclothes, they can help you with the taxed money. It's called socialism aka common sense.
how about i'll buy my own insurance against that instead of them shoving it down my throat. Not everyone can buy their own insurance, so therefore someone has to pay for it for those that cannot buy their own, unless you want to get murdered by a bunch of hopeless poor people. |
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Can Blockchain Technology really be used in such specific areas as bio-weapons access restriction? Read this article where it says that it could be a solution and possibly save lives. What do you think? The applications of the blockchain are unlimited. Just lol if you aren't on Bitcoin yet. Bitcoin will forever be the original usage of the blockchain and always have a historical value. |
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Can you sum up the differences between this and a regular solid exchange like Poloniex? I dont see why I should move my funds to there.
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I'm trying to imagine as someone with 17-200 microbitcoins paying the 0.0001 BTC transaction fees after each transaction.
You're trying wrong. If Bitcoin is a world currency, then the transaction fee would be 1 satoshi, not 0.0001 BTC. True , since in theory fee would scale with price increase as more and more people mine and network becomes stronger as well. Everything fits in. Satoshi is a legitimate genius. |
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Actually the wiki is a good place to start and where you can learn a lot. You should learn some of the technicalities of Bitcoin in order to keep your coins safe. A good way to start is to make a TODO list: - Earn your first bitcoin
- Buy one bitcoin
- Sell one bitcoin
- Gamble with bitcoin
- Buy something with bitcoin online
- Pay something with bitcoin IRL (if you have the chance)
- Make a secure wallet (offline wallet)
- Install Bitcoin Core (and backup)
After all this and some more you'll be more than apt to use bitcoin. This is my plan for the next few weeks. Will report back in detail about how it goes! Thank you L, cool suggestions I hope you don't mind me re-organising them though, as earning a bitcoin is probably going to be slowest for me, whereas spending one will be fastest  You should look on alternative wallets to bitcoin-qt. Learn how to make simple paper wallets in bitcoinaddress.org. Once you get it it's really useful. |
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If you are paranoid get on Linux, Cinnamon Mint is very close to Windows in terms of looks, pretty cool for newbies.
Also get a paper wallet and save it somewhere offline for long ass periods of hodling.
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The PayPal-to-Linden-to-BTC thing using Virwox is really, really old. I can't imagine using that system now. Hope you get a hold of some bitcoins and can start playing around.
Whenever I hear this I always got nostalgic. This is how I got my first Bitcoins back in the day. It was really quick and I didn't need to give ID details or anything which was great, but man these fucking fees. |
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Curecoin was a success at launch and become the fastest BOINC network for a while, not sure how it is doing nowadays, I ended up not investing. |
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Thanks. I always search for the latest uploaded videos with Andreas. He's a good speaker and when I do public speech I always have to see someone that's calm and collected because I get nervous as fuck specially when I have to talk in foreign languages. |
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is it going to the moon? should I buy It?  It's a sensitive investment to own a decent stack of XMR. I bought during the last bubble and even if im on a loss I know long term I did the right thing and will get my investment back + returns. |
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I don't agree with all of your accusations for the failure of BTC @OP, but I think that one more thing you haven't mentioned is,
There are some directory which leak many of the private keys of so many addresses, not just limited to that, but you must have seen many of the exchanges getting hacked and coins stolen which puts a "?" in terms of the security which we are here for.
We are here for the Bitcoin protocol and it's as solid as day 1. The fact people put their private keys on scams is not Bitcoin's fault. |
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Lets say I want to buy bitcoins today and store them for 20 years to use a my retirement fund. Live comfortably, but don't need to buy a yacht or anything. How many do you think I would need to buy?
It seems that if you want to invest in the long term not to bitcoin .  The 20-year long period of time , and may momentarily bitcoin will die . But if you want to try 3-5btc I feel good Bitcoin is not going to die in 20 years. Stop dreaming about "bitcoin killers". Bitcoin's network is here to stay, look at the facts. So calm down about bitcoin dying or not, bitcoin is THE crypto reserve. |
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I think for now it's too early to tell. The fed likely won't touch rates until summer anyway, and quite a bit can happen in the intervening months. If the economy gets worse they'll probably keep rates as-is. But if it keeps plodding along at the current pace, they might set the rates to 1/4%, just so they can officially lift off from zero.
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I've never paid a fee for bank transfer within EU, they were quite slow a few years back and if you want it done fast you could pay a fee but now with SEPA it's pretty fast, fas as in less than 24 hours fast.
SEPA is fast, but still shit compared to Bitcoin by several orders of magnitude. |
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OP its too late to become a whale anyway, only if you were an early early adopter you could become a whale without being Bill Gates.
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I don't think we'll get any insider information unless someone that's bidding (a whale) wants to step on his own leg by leaking information. So don't expect much information on this.
even if some whale says the price we will never know the truth. I doubt US gov would confirm or deny any info about it If a whale says the price the whale is probably playing reverse psychology to scam us all anyway. |
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I wanted to see a full movie length documentary after this. Is The Rise and Rise of Bitcoin still relevant and worth watching?
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Charlie Shrem is on the teamspeak!
Really? are you trolling or legit celebrities drop over Team Speak? Not sure if serious... |
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