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And you make your conclusion solely based on ripple? I hope you are making a one to one comparison. xrp is a coin issued by a company and btc is owned by the community. So is that similar in any way? I will definitely hold on to bitcoin no matter what the price is.
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The recent discussion about the hardfork ( https://bitcointalk.org/index.php?topic=919629.0) and this long bearmarket has brought several things to light: Bitcoin has become the cancer of cryptocurrency and holds back progress and surpresses the entire altcoin industry. It is a scam for early adopters and miners to get rich of YOUR money by hyping it up to the point of telling people 10million$ for a coin would be realistic. This is a get rich quick mentality and often times misleading marketing (comparison to gold while it is inflationary more than fiat) and bitcoin looks very, very much like a ponzi right now. Altcoins are the ones giving cryptocurrency the bad name and is destroying the crypto and definitely not the other way round. And don't believe whatever you read on the internet. If I believe bitcoin will one day worth 100 times more than what it is worth today, it's because my analysis and data that helps me to believe it will. Not just some empty talk. |
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If they want to implement an update, the whole network has to agree on the changes or it will fail. That's the beauty of bitcoin because nobody can control it. So what's your deal on the foundation
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You can't get an accurate on the number of users but the closest you can do is to estimate the order book volume. This would give you a rough idea what the activity is like.
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If it true, bitcoin would be long gone by now. And I'm just wondering why all the cryptos are still using btc as benchmark for price comparison. And the worst part which you mentioned is the logo. I would strongly disagree because I think btc has the best brandable logo and easy to remember name. None of the altcoins came logo to that.
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My question is --- is 152$ the new 65$?
I hope you say is true. If we look back at the charts comparing both recent fall, on those two occasions they will eventually touched the bottom level and from there continue to rise back up again. I see no reason for it to continue to fall further right now, unless there is something extraordinary going on. |
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Can be considered small amount. In fact with the price going up further, I'm almost certain to break even anytime now. What I did was just to stay safe was I spread out my buy order.
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When you say pouring in, I'm sure that's not directly buying into bitcoin per se. What they are investing in is similar like any other business venture, and they are only concerned about the profit of a company they have invested in.... Whether it is earning either in fiat or btc. I would like to be optimistic but let's see what impact it has on the price.
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This is extremely dangerous for bitcoin, besides the price tanking because non-existent bitcoins are currently traded. More than that, letting them to do it invalidate the whole bitcoin concept, a perfect money for an untrusted network.
Not sure what you mean over there because when we trade, even if we get the levarage ratio of 1:20 (for example) the deposit on what we have with them will be used to cover our position. In other words, they will not allow us to lose more than what we pay for. And if the trade went against us, they will force sell or buy on the prevailing price, something similar to margin call. |
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If I were you I would continue to HOLD on to them without taking any risk. I understand that you are eager to see it grow but when we get involved in bitcoin, the concept and idea in the first place is already about growth. Imagine the infrastructure, adoption, going mainstream, globally recognized currency, that would make the price explode. For me that is good enough, and I only worry about security where I can have my bitcoin safe with me without taking unnecessary risk.
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I don't know how they are going to make it regulated in a way. Or in a way, does bitcoin need to be regulated in the first place? Even if they have managed to do that, what impact would it bring especially when you already have tons of other bitcoin exchangers around.
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I don't think it's far in any other way to say that. Maybe it's true that we can't solve all the payment challenges but more important, bitcoin will pave the way for new and future development. If we imagine years down the road, probably there might be other better systems that would come but the best way forward is still to develop the technology on top of the existing bitcoin blockchain.
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Cool. My interest led me to search about the restaurant and I managed to find their website. Thought they should have listed "bitcoin accepted here" on the main page but never mind. Just wondering did the payment part went out ok?
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What he means is that bitcoin is expected to up to around 450 which basically right now, you are getting the same amount of coin at half price. I just it's true.  |
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Possible for exchangers there to be super easy to make fiat withdrawal and particularly remain complete anonymous? Just wondering because that would be the first thing bitcoiners are interested at.
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Someone who doesn't have righteous value. I mean you know it is morally wrong but still do it anyway. Making others feel miserable and cheated of their hard earned money is the worst crime ever.
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Number of transactions doesn't tell us everything. It could be misleading if someone was transferring funds between his own accounts
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It was just a day but it felt like a week.
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It's good to see they are investing in bitcoin related companies which indirectly they are expecting bitcoin market growth to accelerate with wider user adoption. |
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It's a clear fact that they can't continue to peg francs on euro or else this will have negative on their economy. Euro is dropping for sure and there might be indications that ecb will move towards QE just like what the fed has done in the past. In order to maintain at the 1.20 level, snb need to intervene. It's either need to buy euro which logically you don't buy a currency that will drop in value or print more francs to devalue their own currency, which is also equally bad.
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