my prediction is back to $420
Prediction should be at some point in time, not just a number. |
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Predicting prices is a thankless game.
You get bashed if you are wrong, called lucky if you get it right.
And that is the way it should be unless you actually provide a legitimate basis for your prediction, which people almost never do. If you just post a prediction and don't explain why you believe that, then it is 100% luck if you get it right. The basis can be challenged as well. If people were able to make exact predictions, they would be very rich.  |
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Predicting prices is a thankless game.
You get bashed if you are wrong, called lucky if you get it right.
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It's called miner fee / transaction fee.
The fee is very low compared to credit card / paypal
The fee is only 0.0001 BTC
And the fee is only to appreciate the miner who help to secure P2P bitcoin network
Whatever you call it, it is compulsory only in certain transactions. |
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Payment received. Thank you. Too bad somebody snipped my spot.  |
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I have heard the argument put forth by Funtotry before. This was supposed to be one reason why Bitcoin was safe as compared to Liberty Dollars. An earlier FBI press release says this
Following an eight-day trial and less than two hours of deliberation, von NotHaus, the founder and monetary architect of a currency known as the Liberty Dollar, was found guilty by a jury in Statesville, North Carolina, of making coins resembling and similar to United States coins; of issuing, passing, selling, and possessing Liberty Dollar coins; of issuing and passing Liberty Dollar coins intended for use as current money
Von NotHaus designed the Liberty Dollar currency in 1998 and the Liberty coins were marked with the dollar sign ($); the words dollar, USA, Liberty, Trust in God (instead of In God We Trust); and other features associated with legitimate U.S. coinage. http://www.fbi.gov/charlotte/press-releases/2011/defendant-convicted-of-minting-his-own-currencyThis is one reason why (Hopefully) the Government's treatment of Bitcoin should be different. Nobody is going to confuse bitcoins/satoshis with dollars/cents. If the question was over the monopoly of Congress over money, I am sure the government would have taken some action against cryptocurrencies in general. We wouldn't have the IRS clarifying bitcoin's tax status and the feds auctioning bitcoins ever so often. |
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I don't see how you make the connection between PGP and bitcoin. Nor do I agree with your conclusion that bitcoin is free speech.
All that Bitcoin is a way to send money to other people in a decentralized fashion. It is not going to cure cancer or create world peace (nor does it have anything to do with free speech)
The OP is just speculating about the government misusing its powers. |
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Why have a skype group? I definitely won't be using video, as I wouldn't want any personal information to be revealed. |
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Price stability after a few bubbles is exactly what we need. Wild spikes and valleys are not signs of a stable currency. Just saying.........
Price stability after a few bubbles... Definitely not price stability in the $300-$400 range.  |
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miners need extra rewards
In comparison to the block reward, the transaction fees pale at this point of time. Going forward, as the block reward reduces, transaction fees will increase in importance. |
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Draper might try to average out his holdings, after buying high last time. |
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It is a really good idea.
Some reading material on Bitcoin would help too....
Some people might be clueless about what Bitcoin is.
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Scandinavian countries seem to be taking the lead in a lot of aspects. |
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Having enough to do what I desire and leave a smiling, satoshiless corpse.  It may be tough to spend the last satoshi dust in your wallet before you die.  |
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Worst thing is, the trades on localbitcoin and private sales are not reflected anywhere to influence the price.
The biggest transactions in bitcoin are done there, not on corrupt exchanges. ^Sob^
I have no BTC stored on exchanges, because I simply do not trust them. ^Grin^
Private sales seem to keep the prices depressed. If the big buyers were forced to buy on exchanges (i.e. miners don't sell bitcoins privately), we would have true price discovery. |
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Awesome gesture. But this could have been done with fiat as well. |
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Whoever the man is by name I am led to believe he destroyed all his coins ages ago
We can never be sure. There are eagles watching for any movement in those early wallets. |
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Too bad for all the people who invested in ether. Such are the risks with open source.
The Counterparty team is crushing it - proof of burn at the outset, so tough to complain about the distribution of XCP, the Overstock thing and now this. Well done, sirs.
true, all too much. and it is difficult to distinguish or determine which ones are really good and last for a long-term or are destroyed in a short time It shows that you can't afford to sit on your laurels and try to profiteer from it. Open source leads to true innovation. |
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maybe he is a hodler He appears to be mining/holding/using bitcoin in order for his company to better understand bitcoin (as mentioned above). That is what they all say. He can't afford to say that he expects bitcoin to be the future of money transmission. |
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