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181  Economy / Economics / Re: Tell me your predictions about Bitcoin on: June 19, 2017, 10:58:05 PM
It is very hard to predict the price or the bitcoin situation right now because on 1st August, the hard fork will occur and bitcoin may split into 2 chains, which will cause negative results to the bitcoin price. However, you can still have your bitcoin in 2 chains by holding your private key. Just hold your bitcoin and private key and the HF is coming
182  Economy / Economics / Re: New rich people thanks to BTC on: June 19, 2017, 10:36:45 PM
No need to say thanks to bitcoin. They are innovative and modern people and they deserve what they have. There are still many other people have a chance to become rich with bitcoin and they refuse it. That is their fault and they do not want to change the boring and in their life. They will soon be wiped out
183  Economy / Economics / Re: crypto is the future, make money of it on: June 19, 2017, 10:18:28 PM
For me we can make money of cryptocurrencies that we invest of but not all. Not all crypto has a good future, you can make money of it if you choose that is active in the market or exchange. There are shit coins and good coin which has a good future.
Well, sometimes, people pump shitcoin just for the profit and if we can follow that stream, we may earn good amount of money with it. That is why there are many traders around here and people are really making a good money with trading
184  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin make Banks disappear? on: June 13, 2017, 04:25:10 AM
Bitcoin can not make bank disappear. Cryptocurrency will be the new form of currency which will defeat the bank and the whole bank system collapse. Mark my words. IN about 40 years later, there will be no FIAT banks
185  Bitcoin / Bitcoin Discussion / Re: Bitcoin may not be number one for long on: June 13, 2017, 04:20:17 AM
Look at the market cap chart and we will see what are happening in the cryptoworld:
 Bitcoin   $43,680,739,080   
Ethereum   $36,937,571,409
So basically, ethereum almost has the same market cap as bitcoin. Soon, it will surpass bitcoin if bitcoin can not make something big and significant in order to change the blocksize
186  Bitcoin / Bitcoin Discussion / Re: Bitcoin as a source of income? on: June 13, 2017, 04:17:55 AM
Bitcoin is a good source of income for me but only as an extra income and cannot rely only on it as the future of bitcoins is unpredictable and it can disappear in future so depending only on it for living can be really risky.
I do agree with you say. However, I do consider bitcoin as my main source of income but in order to prepare for the situation which makes bitcoin disappear, I have a backup plan and job which I can start learning and make money in less than a month
187  Bitcoin / Bitcoin Discussion / Re: Crime funded by bitcoin on: June 13, 2017, 04:16:48 AM
so? Is it important to care about what the criminal do? People have existed on this planet for thousands of years and crime also has the same age as humankind. You can not do anything to stop crime. They do use fiat to do bad things, why they can not use bitcoin for bad things?
188  Bitcoin / Bitcoin Discussion / Re: Why some people prefer Bitcoin over fiat ? on: June 13, 2017, 04:04:50 AM
Holding money causes a lot of trouble and born many issues. The most dangerous things that appear when we hold money is the inflation. The value of fiat will keep decreasing every year. Holding bitcoin is different, the price always goes up and it is 100% against the inflation
189  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin Sound Money? on: June 13, 2017, 04:03:31 AM
Yes bitcoin sounds money because it cost a very big value of money.Thats why many are accepting bitcoin now because you can earn a big salary it is a very good job offer most of all to the un employed people.This is a big opportunity especially to the un employed persons.It gives you a big salary,Once you pursue yourself to work on this kind of job You can see the outcome of your effort in the end of it.

You can only hear the sound of real money in the present life, for bitcoin, it has no sound, but it is extremely high value.
I like what you are saying here. You can not hear anything from bitcoin because it is digital and cryptos can not make any sound. But they do have value on the internet and outside the world. We can buy many things with bitcoin
190  Economy / Exchanges / Re: Cashing out large amounts of bitcoins? on: June 13, 2017, 04:01:38 AM
Hm. I am using bittrex with full verification and my account is enhanced account. Therefore, I can withdraw upto 100 bitcoin a day. But it is still a small amount when I compare it with your example. I think that coinbase or some chinese exchanges will allow you to do thatt
191  Bitcoin / Bitcoin Discussion / Re: How much risk in bitcoin investement ? on: June 13, 2017, 03:59:31 AM
I think that it is very risky to invest your money in bitcoin right now because of the fact that the fee is extremely high and the slow confirmation causes a lot of problems. Moreover, it seems that investors are trying to cash out their bitcoin and move to other altcoins which are more potential like zcash or ethereum
192  Bitcoin / Bitcoin Discussion / Re: are transaction delays crashing Bitcoin prices? on: June 13, 2017, 03:55:25 AM
I've noticed that whenever BTC gets near to $3000, transaction costs go up and payments start getting stuck. The next day it seems to crash down again. Is this a coincidence?
It is not a coincidence. People are converting their money into ethereum and other altcoins in order to avoid being delayed on the bitcoin blockchain. The bitcoin blockchain now can not maintain a huge number of users and because of that fact, they are finding an optional choice for their property
193  Bitcoin / Press / Re: 2013-11-12 WaPo: Bitcoin needs to scale by a factor of 1000 to compete with Visa on: November 12, 2013, 10:43:24 PM
Lol, I think this is way beyond the comprehension level of most wapo readers
194  Bitcoin / Press / Re: 2013-11-06 Yahoo Finance : Video commentary on current rally ($15m into BIT) on: November 07, 2013, 12:19:42 AM
For some reason I suspect the steady 1btc per 8 seconds buying bot might be connected to this. It might be how the trust maintains parity as investment comes in.
195  Economy / Speculation / Re: Wall Observer - China wall movement tracker on: October 25, 2013, 01:04:11 AM
It's really quiet in china today... Probably not a good sign
196  Other / Off-topic / Split from: Block chain size/storage and slow downloads for new users on: October 15, 2013, 06:25:22 PM
… and get your money stolen or get LE easy access? Come on, the bitcoin idea is be your own bank. No third party risk should be acceptable for the more security aware people.

Indeed.

Bitcoin is decentralized... the antithesis of bitcoin is really centralized websites and authorities.


An issue which most people probably fail to consider is that there is a vast difference in the needs that the different participants in the ecosystem have.

For many of us, the cost of a bag of Doritos and some pot represent a fair fraction of our net worth.  (Ya, been there, done that.)

Others need a safe place to store blocks of value in the above $100k range.  A small fraction of our net worth can keep us going for years and a theft of it (say, from something like the Instawallet failure) would be infuriating but would impact our financial statement only in a negligible way.

For my part I consider Bitcoin to be a superior solution to such things as bank deposits and IRAs for protection against certain types of risk.  Currently at least.  Critically, I also consider a financial service provider to have the same sort of protections that I have by utilizing Bitcoin as a store of value in their operation, so even if I am not in full control or the certain fraction of my net worth that I may have on deposit with an off-chain provider, I am still enjoying some of the benefits that Bitcoin offers even for that...or would be if Bitcoin retains it's broadly distributed peer-2-peer nature at it's core infrastructure level.

It may sound dickish, but I don't see low net worth people as really needing an extreme heavy weight and solid financial solution (like high precision per-purchase representation in a globally distributed and mission critical ledger) very badly.  Sure, it would be great, but if it kills the more critical aspects of the solution via growth which forces the infrastructure into the waiting arms of the big players, it is something which can be and should be sacrificed.

Plenty here in the community believe that the path forward involves it supporting exclusively a flourishing exchange economy and are ambivalent, and often hostile, to the idea of Bitcoin as a store of wealth.  I would hope that the minority who take an active role in the actual engineering of the solution are a bit less absolutist and a bit more pragmatic than the more rabidly philosophical participants (cough..Jeff of BitPay...cough.)



yet another ridiculously long-winded, smug and condescending post from bitcointalk user tvbcof.

Tell me, do you have ANY friends in real life?
197  Economy / Speculation / Re: Wall Observer - China wall movement tracker on: October 14, 2013, 11:30:41 PM
aaaannnddddd good morning China!!
198  Economy / Speculation / Re: Wall Observer - China wall movement tracker on: October 14, 2013, 01:45:53 AM
868 now.

nn ch nn ch nn ch nn ch
nn ch nn ch nn ch nn ch
199  Bitcoin / Bitcoin Discussion / Re: Bitcoin Investment Trust Launched by Major Crowdfunding Company Secondmarket!! on: September 26, 2013, 01:36:08 AM
This is huge. First time you can actually put large amounts of money without having to trust some shady/new/foreign company. They have real law firms, real regulatory compliance, real auditors, etc., which are things you worry about with big investments.
200  Bitcoin / Bitcoin Discussion / Re: Sudden rise in Bitcoin transaction numbers - any theories why? on: August 13, 2013, 11:42:57 PM
It could also be that all the bitcoins being mined by new ASIC miners are being sent to exchange accounts
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