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If that information is true then i understand now why the price has starting to be increased.
If they start to use bitcoin i think that 14Million that are currently mined aren't enough.
Or the price of the bitcoin will increase way too much maybe x10
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Today i earned 0.001 from a giveaway here in forum.
It was really a simple task to do and didn't required any special verification
If anyone can do, check the topic in the Service board, the day is long.
Giveaway? How I missed that. Where in the Service Section is that. Most of the giveaways are on Games and Round section. Would you mind giving the link?  Well i think that everyone knows the Service Board. Here is the link: https://bitcointalk.org/index.php?board=52.0I consider that as a giveaway because the task to be completed is easy |
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Personally i will not buy any of these 2, because i don't do mining.
About which one to choose i think for now the Antminer S7.
If you are looking to purchase the Avalon 6 then i think to wait and see the reviews what people think about it.
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I was optimistic that the bitcoin price will reach $300
And the prediction came true in this month.
I am also optimistic that $350 will be reached within few weeks.
If $350 is reached within a few weeks, the price will drop a lot from there. We need the price to be around $280-310 for a few weeks for the next price rise. Consolidation is very important for the future price appreciation. I think that the price can be reached at least $330, Within these 3 days left of October, which means at least pumping the price by 7$ every day. About the $280 i really hate now the numbers that start with '2', i want only to see '3'+. |
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Try the blockchain.info
Many users here in forum does not recommend blockchain.info wallet. Because they are having issue and probably users can lost any bitcoins. Also the bitcoin.org website has removed blockchain.info wallet from their web wallet choices. |
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Just like the last 2 months of 2013 were, the most interesting so far. Let's hope for another exciting run. ^^
We might see $350 in the next few weeks. Whether the price can hold there is another matter. The slower the movement, the better. As long as the price does not fall below $300 i think it is good. Because most people are happy to see at least $300s+. The price currently is almost $310 and if this trend continues within a week it can reach $350. 300+ is good think that we can all relax a little cuz price gone up the 300 margin lets just hope to stay here over 300 for a while Well just checked the price on coindesk price chart. And it seems that the maximum price today was in OKCoin exchange. Which hit $312.90, i think that the last 2 months of 2015 would be very interesting. |
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Today i earned 0.001 from a giveaway here in forum.
It was really a simple task to do and didn't required any special verification
If anyone can do, check the topic in the Service board, the day is long.
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If i can afford then i would go completetly in bitcoin.
But at the moment that is not possible, because most of things works through banks.
Even though the fees are much higher than bitcoin there is no other choice at the moment.
Yeah true, almost all the needs are still dependent on the existence of the bank bitcoin users still quiet, so it is not yet supported It all depends on which country you are living. In U.S many big e-commerce shops have implemented the bitcoin payment method. In some countries 99%+ of people does not know what bitcoin is so going completely bitcoin is risky depends where you live. |
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i think in 2020 bitcoin will be around $2000-3500, its been almost 6 years since bitcoin started and it has gained so much popularity and momentum its just going to keep going and hit the high numbers
Around $2000-3500 are too low prices we can predict for bitcoin. In next six years we can see huge level of evolution and improvement in bitcoin ecosystem to make bitcoin prices into moon. So, I believe we can get one million per one bitcoin by year 2020. I think that $2000 - $3500 is more than enough, Many people want the price to reach only 1k. And it is only 4 years and 2 months left which is hard to reach that price. No, you are leaving the year 2020 in your count down. It means we have 5 years time till 2020 ends. It means we have enough time bitcoin to evolve drastically. I believe by 2020 we can see half of million dollars per one bitcoin. Only initial push will do the entire job. Well i think that the next halving period will be in July, Then i believe that again until 2020 will be another halving period. By these factors i think that the price of 2000 is more than enough (more than 550% from now) |
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I don't use banks. I use cash and crypto for pretty much everything.
and how do you acquire cash? usually from atm, which mean that you have a card, which mean that you have a bank account unless 1) you're payed directly with cash, i highly doubt that, 2) you're criminal or doing illegal stuff Not everyone has debit or credit card, neither bank account. 2.5 Billion people in the world does not have bank accounts. Cash to cash transaction are good if they are in short term locations, but for online it does not work. |
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Who's dumping their bitcoin? The price has been rising steadily for a few months now.
He meant, why 'would' people dump their coins I suppose. @Ontopic, Probably they're already in a profit, and wouldn't risk it anymore. You'll do the same in the future believe me. Or simple they who dump the price are impatient. Have earned enough profit and don't want to wait more. I would never dump the price, only if i have no other choice. Another thing, they are trading expert. One trading rule is don't wait too long for price increase, If you make profit even a little when you buy coins much lower then sell it then wait for the next chapter. Well this hidden rule seems to be working. Because i am still waiting for an order for a month now. And the result is really little profit but the price has been increased to much which makes other alt coins exchange rate to go really down. (About -20%) |
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Bitcoin-qt, I guess. It has the best security beside a physical wallet.
Yes bitcoin-qt has all the security features we needed. Now the newer version of it namely bitcoin-core is available with the version 0.11.1 with latest fixes. So, we must always go with latest one. Online wallets also safer when we go with latest version of browser. Everything you use you should be very careful. Because if you use the same password anywhere else you provoke a hacker. Online wallets are good too, but if they get closed or offline you can't access your bitcoins. Some wallets like greenaddress.it use method to allow users to have access to their Bitcoins even if they go down. Online wallet are still a risk however, they are still a central point of failure. What if the hacker captures all the private key by changing the script(with wallets like greenaddress.it where private key is never sent to server)? For desktop wallet, password reuse isn't a significant problem as they cannot access your Bitcoins without your encrypted private key. Well ok then greenaddress seems to be one of the best web wallets. For example coinbase does not allow you to have the private key. If they have any maintenance or they go offline, then you can't access your bitcoin. |
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Just like the last 2 months of 2013 were, the most interesting so far. Let's hope for another exciting run. ^^
We might see $350 in the next few weeks. Whether the price can hold there is another matter. The slower the movement, the better. As long as the price does not fall below $300 i think it is good. Because most people are happy to see at least $300s+. The price currently is almost $310 and if this trend continues within a week it can reach $350. |
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-snip-
In my country, the deposit cost is $71, which is refundable. The smallest one costs 85USD annually which works out to be $0.20 per day. It does cost a tad bit but it would be great for security and gives you the peace of your mind since it has many security features and has protections against disasters. That would be worth it if you have over 10BTC.
I was thinking that it would be cheap something around 10$ But it is very expensive at least for me and for those who does not have much bitcoin in stock. Well yeah as you mentioned 10 BTC minimum then it would be worthy, anyways thats a good place to hide the paper wallet. |
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Advertising is difficult when it comes to a service/payment method/currency. People are willing to buy things thats advertised on TV because they have seen it lots of times and know it works. An average joe would think of Bitcoin as a ponzi when they see it somewhere if it is advertised as having low fees.
Well bitcoin as itself does not have any budget for advertisement. But the third companies that work with bitcoin they can do that. Because they advertise their services and at the same time that they are accepting bitcoin. |
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Since it is simple then i can do it.
If it requires any ID or any other sensitive information i can't.
Sending you a pm now, hope to deal as soon as you go online.
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But now the price is above $305 again. It looks like it is stabilizing there, around $300, but I think it will reach $320 and will stay at that point +- $20 several months from now.
The price has been increased too much for now. But i think it is the real price for October. I think that by the end of the year will reach the maximum price for 2015 |
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If i can afford then i would go completetly in bitcoin.
But at the moment that is not possible, because most of things works through banks.
Even though the fees are much higher than bitcoin there is no other choice at the moment.
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I do not have much knowledge on pen drive storage. For long term storage we must need SSD. May be cost of buying is high but for a secured next generation saving we must go for SSD (Solid State Disk).
This is completely wrong and i will not suggest anyone to hide your paper wallet in a SSD. For long term this is not recommended because if SSD has no electricity for a long time, the data inside can be erased. Try to hide your paper wallet somewhere where you think that nobody will touch, or will have no idea about that place. you can run your ssd on a different network, or even without any connection, just so it remain active with electricity and all it would still be a cold storage, last time i've checked could storage mean only off line, not switched off completely For this case HDD are better rather than SSD, Because they can stay longer if you don't touch them. I would suggest the OP to hide the paperwallet inside computer loudspeakers Problem with that and many of the other conceal ideas is if there is a fire/act of god. If you only work on concealment your paper wallet is subject to many things out of your control. If using one really renting a safty deposit box at a bank is worth it depending on your holdings. Much more secure and a great place to keep a backup. I don't know if we should pay any bank fee to save safety a box. If it is really cheap then why not, but anyways i would make at least 3 backups. We never now maybe one day banks will be closed and i doubt we can access to our stuff. Banks have significantly higher security than most places and they probably have fire extinguishing systems. You don't have to be worried about it getting destroyed by fire, etc. You should always keep another backup offsite, preferably at a location further away, in case of natural disasters. But does it worth if we have to pay daily/monthly or yearly fee. I am not well informed about these cases. But yeah it is more safe. As most of rich people store their money in Switzerland i think its the safest place. |
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If bitcoin price is being increased everyday by this trend.
I think that it will reachh $400 very soon.
TODAY'S HIGH was $306.63 so it is a lot of change since yesterday.
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