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1841  Economy / Speculation / Re: The Price of Bitcoin is Now Double What It Was One Year Ago on: April 27, 2016, 09:47:32 AM
I believe so, might even double this year but at the rate it is growing right now I think we'll be happy with a nice steady increase instead of peaks and troughs.
1842  Economy / Speculation / Re: increasing bitcoin price on: April 26, 2016, 04:42:32 PM
I think this could be the way it will be for the next few weeks, gradually rising and at some point it will stop and drop a bit but nothing major.  If you can afford it this price is not that bad, of course you need to decide what you can afford to lose.
1843  Economy / Speculation / Re: what's causing the BTC surge. on: April 26, 2016, 07:15:39 AM
To pinpoint an exact reason would be hard, probably the halving coming up, news of Steam and I think Bitstamp just got their EU wide license so all of this could be the reasoning.

As far as the altcoins I would imagine that people would be dumping their coins to get some bitcoin ahead of the halving.
1844  Economy / Speculation / Re: $500 at the beginning of May ? on: April 25, 2016, 04:19:09 PM
We could see this happening, if Steam have it live and people can use bitcoin by this time I think there could be a good bit of bitcoin movement and bring us very close to it at least.
1845  Bitcoin / Bitcoin Discussion / Re: Bitcoin adoption and it's future. on: April 25, 2016, 09:15:44 AM
In the UK I think there is a good bit of adoption, there are a couple of legit exchanges setup which are based in London, there is one major games store CEX that accepts bitcoin payments and pays in bitcoins for your old equipment.

I have seen a few local shops as well that accept bitcoin and we even have a couple of ATM machines.

1846  Alternate cryptocurrencies / Altcoin Discussion / Re: Are POS now legit? on: April 23, 2016, 08:23:22 PM
I don't have a problem with POS as long as it never comes into force with bitcoin, it is a nice feature and a great way to encourage people to hold onto their coins.
1847  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: WARNING: Remove your funds from Yobit.net before May 1st! on: April 22, 2016, 04:41:46 PM
This might happen, it might not.  Nobody really saw Crypsty falling to pieces as it did, maybe Yobit will.be hanging around longer than the rest, they must make a good bit when adding every single coin taking advantage of the early pump and dumpers.
1848  Bitcoin / Bitcoin Discussion / Re: At no time does Valve receive or hold bitcoin, pay us in traditional currency on: April 22, 2016, 04:36:03 PM
Really looking forward to see how this impacts bitcoin volume, I would imagine we will see an increase in traffic to this forum as more people get curious about bitcoin?
1849  Bitcoin / Bitcoin Discussion / Re: Number of individual people using Bitcoin on: April 22, 2016, 04:33:07 PM
I've seen a couple of other threads with a similar question, it is something that a lot of us would like to know. 

How you would determine unique users is something that appears to be a stumbling block, a wallet address is no good and even this forum not every user would have come here and even then you can have multiple usernames, it will be interesting to see if someone figures out a way this can be done.
1850  Bitcoin / Bitcoin Discussion / Re: Enormous ways to earning Bitcoin on: April 22, 2016, 10:50:53 AM
The best way to earn Bitcoins are buying bitcoins with real money or gambling.
The more real money you invest the more money you can make of bitcoin.

Entirely your choice but I wouldn't really be advising a youngster to gamble it is extremely addictive and can cause money issues, there is plenty of time to discover these issues Smiley even though some would consider being part of bitcoin is a gamble anyway.

There are other safer ways of earning bitcoin such as working for some bitcoin which others have listed already, you could also sell any old goods you have like old mobile phones or other products.
1851  Bitcoin / Bitcoin Discussion / Re: Get Ready! Bitcoin is about to get Millions of buyers coming in . . . on: April 22, 2016, 07:18:47 AM
I think Steam will probably facilitate Bitcoin payments through BitPay. I am more interested in buying games during the holdiay sales when there are massive discounts. I don't like G2A so I will be very happy to get games on Steam with Bitcoin. Now it all depends on if there will be special discounts when shopping with Bitcoin or not.

It would be good if there was some kind of promotion for a little while to encourage bitcoin use but I think it will be just straight forward market conversion rate, who knows, exciting times nevertheless.
1852  Economy / Speculation / Re: Bitcoin's Price Starting to Go Up.... on: April 21, 2016, 09:14:45 PM
The news that Steam will be adding bitcoin as a payment option will probably have something to do with a rise also.
1853  Economy / Speculation / Re: CHOO CHOO! "Bitcoin payments are coming soon to Steam" on: April 21, 2016, 09:09:56 PM
This is fantastic news, we should see a rise in the bitcoin userbase I'd think.  We might even see a bit of a climb in the price.
1854  Economy / Economics / Re: Is limited supply of bitcoin a hinderence? on: April 21, 2016, 04:23:43 PM
I don't think it is a problem at all, and it will never get to a point when nobody will be able to buy more bitcoin, over the years it may be more expensive to buy bitcoin but it will always be available unless of course every single user holds and never sells.
1855  Economy / Service Discussion / Re: What is the best Cloud mining solution? on: April 20, 2016, 03:38:39 PM
I wouldn't really recommend cloud mining at this stage as it can take a long time to reap rewards and is not really that profitable right now.  There are also an amazing amount of scams operating and taking advantage of people, i have used Genesis Mining which I believe to be one of the legit ones and it is taking my almost a year to get ROI so don't expect to get rich quick.

If you are looking to mine some bitcoin you could look to join one of the pools that are about and then rent some hashrate from sites such as miningrigrentals, there is a pool here which operates at 1% fee and if you hit a block you keep the entire 25 reward minus the fee and also a donation from yourself to the operator which you don't have to do but is always a nice gesture, https://bitcointalk.org/index.php?topic=763510.0

The chances of you hitting a block however are quick small and is complete luck even with 1PH rented for 24 hours.
1856  Other / Meta / Re: Beta of new forum software now officially open on: April 19, 2016, 03:59:48 PM
Great, will check this out now on my journey home.
1857  Alternate cryptocurrencies / Announcements (Altcoins) / Re: new launching panda coin on: April 19, 2016, 03:57:12 PM
lol Panda making a comeback I think pretty much everyone would have dumped this a looooong time ago.
1858  Economy / Service Announcements / Re: [ANN] CRYPTONIT.NET - cryptocurrency exchange from UK - low fees USD EUR BTC.... on: April 19, 2016, 09:02:51 AM
I' having some problems to log in,  Embarrassed
When i go to https://cryptonit.net/main?destination=main its says "web page is not available" like if the site was down. The same thing happen when i try to contact support.
Is there a social network or some place were you inform when the site is down?

Chuox.
we alway  warn about planned maintenance in our Twitter.
but in the recent days the site was running without interruptions.
please go to the main page https://www.cryptonit.net/ and login


Today I saw this:
503 Service Unavailable
No server is available to handle this request.

whats happened? Or is it just a temporary problem or website closed without notify?

Regards


Looking at the date of the last post on here before yours, chances are it's done and gone, I have never heard of this exchange until now.
1859  Bitcoin / Bitcoin Discussion / Re: When Bitcoin will come in his currency NOTE?? on: April 18, 2016, 11:00:59 AM
I don't think this will happen, there are vouchers you can create but in terms of a 5 bitcoin note just can't see it happening it just isn't what bitcoin is about.
1860  Economy / Speculation / Re: If bitcoin dropped to $1, what you do? on: April 18, 2016, 07:17:12 AM
If it ever got to those levels it really can't get much lower so it would be the best time to buy as many as you can, unless something catastrophic has happened like the entire world is coming to an end.
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