Those that dont sell when prices moves down 20 % in a day is absolutely a fool because there is no way to recoup your losses back if you dont sell.
Well you could wait until it goes back up. If you sell, then there really is no way to recoup your losses. If you hold, there's a chance. Tell that to people that keeps holding when they bought it more than $800 , ot has been years since we see that price and there is no telling when wil we reach that price again. Cutting lose is a best way to get some losses back, you can then buy at lower bottom and sell it higher If you really cut your losses and want out, you shouldn't be speculating on bitcoin. For all you know, the point where you decide to cut losses might be the point where the tide turns. Then you miss out on a rally. |
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It's impossible to know how many coins have ever been lost in total, a lot of the addresses that show tons of Bitcoins might as well be coins from early adopters that have been lost forever because since Bitcoin was 0 dollars back then, they didn't gave a fuck about properly storing them, and then years later they find out they deleted/lost password/whatnot, and tons of BTC get lost, shrinking the supply, and making everyone else holding wealthier.
It is possible that these coins are recovered. I don't think that hard disk is going to show up again though. I think Mt Gox also 'rediscovered' a few bitcoins after they got hacked. |
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It is much better than oil. It is not subject to maniac actions by Middle Eastern monarchs. But this guy seems to be pushing for increased adoption of electronic rouble. That won't help much. |
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Yes, 2015 hasn't been bad. But it is too early to judge whether stability has been attained.  |
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Maybe 20%, the rest goes to buying a great house and all the other stuff millionaires buy.
A million isn't much these days. It may not even be sufficient to buy a medium sized apartment in a top city. You will be better off trying to multiply it before buying yourself a house. |
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Fiat's ease of use and stability, this is the one and only reason that is stifling Bitcoin's progress.
Bitcoin is not accepted which causes its volatility; which decreases its acceptance which causes more volatility.
Fiat may be considered stable when you look at it on a daily basis. A dollar yesterday is worth the same as a dollar today. A dollar in 1915 is definitely not worth the same in 2016. |
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I don't understand what patentability of blockchain-based receipt systems has to do with admissibility as evidence.  I doubt if any court will dismiss blockchain as hearsay, when we all know it is tamper proof. |
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Damn it seems like developing countries, i.e Brazil, South Africa, etc are benefiting from Bitcoin.
Have high hopes for South Africa though.
Developing countries and high inflation seem to go together. Governments think they can spend their way out of poverty. Consequently inflation and erosion of purchasing power are prevalent. Bitcoin has an excellent chance of succeeding under such conditions. |
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I perceive it as real money, why would I not? I don't do stuff with it which I wouldn't do with fiat. I gamble with it, I use to and still gamble with fiat, I order stuff online with it, if I see something worth buying i.e. and that's it. I don't invest in Ponzis, I don't lend, I don't trade, which is why I am not bothered with price that much, I buy it, spend it and buy again.
So I use it completely as I would use fiat. I will think about price when and if I have enough to sell.
But I believe it would take some more years to make bitcoin as the real money for myself too. Because, without having full value of bitcoin, spending bitcoin would be a bad decision. Currently I am saving some bitcoin on monthly basis for higher values. Maybe in future I will use my bitcoin's as a real money. Spending bitcoin wouldn't necessarily be a bad decision. You can always buy it back if you are bullish. It is only when you spend bitcoin that bitcoin adoption increases. |
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Well the ZAR has been on a continuous downward trend against the dollar for the last 1 year. This is the driver for increased interest in Bitcoin. Bitcoin seems to be driven more by follies of governments than anything else.  |
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The killer app of bitcoin would be an app which takes bitcoin to the masses and has a wide range of uses.
You can't call a specific app (no matter how good it is) the killer app of bitcoin.
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Nice to see bitcoin courses gain traction on campuses. One of the faculty for this course is Balaji Srinivasan, the co-founder and CEO of 21. So this course will definitely be a hands-on course. |
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All this talk about tainted coins is just so that the mixing services can make some money. |
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To many consumers, the concept of a Bitcoin wallet remains rather difficult to grasp. After all, the main goal of Bitcoin is to be in control of finances at any given time. But for mobile users, they have to rely on wallets developed by third party providers. What were to happen with one’s wallet if a company like Mycelium decided to pull the plug on their project? Absolutely nothing, as one can easily recover their keys by using the backup seed. http://themerkle.com/news/bitcoin-wallet-standards-ensure-funds-can-be-recovered/Of course the private keys can be derived from the seed. But how does this relate to the creation of bitcoin wallet standards? |
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If you think one person deserves all your bitcoins, that makes things easy. Give them access to your private key (if you trust them when you are alive as well) |
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I would like to sign up Username: aso118
Member rank: Hero
Post count (including this one): 782
BTC address: 1AQA3kVcmMdEGwdYaRxVQCeU9z4wcqiGqy
denied you switch campaigns too often Strange, I stuck out in this campaign till the term ended. I did this even though you told people they could remove their signatures. You can't blame me for leaving, given that there was no communication from the owner (or you) that we will be paid until 31-Dec-15. I request you to reconsider. |
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I would like to sign up Username: aso118
Member rank: Hero
Post count (including this one): 782
BTC address: 1AQA3kVcmMdEGwdYaRxVQCeU9z4wcqiGqy
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Changing my signature now...
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