buwaytress = 345
Them dice be rolling, CGN FTW!
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I live in a place where $10 is a lot (I can if living alone eat well for a week on that, and if in distress could eat enough for 2 weeks). But retirement is probably just as expensive for me as it is for most other people... assuming I'm past the age of productive work, I'll need to eat slightly better, be able to afford rent and healthcare for I don't know... 20 years?
I feel like even that's 240 months... if 1 BTC is worth even 1,000 dollars then, I probably could use up 1 BTC in 3 months for my expensive adult diapers and heart tablets haha.
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You might get a bit more joy if you post in the Altcoins Mining section: https://bitcointalk.org/index.php?board=160.0Just a Sunday hobby - personally only tried cpu/gpu mining for a handful of the big 4 and then on Monero... I always seem to lose credits also after a long stretch of not monitoring (sleep, for example). Never really figured out why and support became too technical for me.
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I for one truly hope that 2017 will be the year that pump and dump alts and ICOs stop plying their trade (and hopefully the Average Joe wisens up).
I also hope it is the year that the big guns in bitcoin come out a bit more publicly with gentler and simpler tones - more people globally have to be brought into the fold. The technical experts cannot continue to look upon the rest with disdain, while taking advantage of them for profit.
In 2017, more altcoins will be well established. It is more difficult to create a new scam coin and then pump. But why would the establishment of more altcoins make it more difficult to create new pump and dumps? The market is bursting at the seams but saturation still seems many altcoins away. But I hope you're right, for whatever rationale.
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I for one truly hope that 2017 will be the year that pump and dump alts and ICOs stop plying their trade (and hopefully the Average Joe wisens up).
I also hope it is the year that the big guns in bitcoin come out a bit more publicly with gentler and simpler tones - more people globally have to be brought into the fold. The technical experts cannot continue to look upon the rest with disdain, while taking advantage of them for profit.
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There is about 4500 ZEC mined daily right now. In 2 weeks time yes there will be 7200. What will be price then or next year on 4 years form now no one knows.
Well I for sure know that next years price have 0.0001% chance to hit the current price.
Good odds, relative to the way it's performing now anyway! Why aren't any of us surprised at these numbers? Because whether we want to admit it or not, we all knew it was just another alt-for-profit, regardless of (or maybe because of!) the early hype around it.
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Some shades in the same question asked of usd/btc values. Correlation is fairly easy to achieve with simple manipulation of data.
Perhaps more information will surface if comparing btc/usd vs usd/yuan price charts.
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There's nothing wrong with an alternative view and such sweeping statements can be taken grossly out of context.
He may be speaking strictly from an economic point of view in which case he may be closer to home than we would comfortably believe.
Also, he singled out bitcoin and not crypto or blockchain.
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Doesn't seem too long ago when I read about Santander adopting blockchain. Seems hasty to have jumped on and then off so quickly.
I also believe there are some individuals capitalising on blockchain hype and the relative ignorance/naivety of traditional financial institutions to pitch private blockchain to banks.
ICO dump scams here, private ledgers for the big boys.
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Today, more than half of the world lives below global poverty line, and >80% live on less than $10 a day. These figures increase each year as differential gaps continue to widen.
It's difficult for me to imagine these people owning bitcoins, or substantial amounts for that matter.
Until bitcoin becomes more accessible, until the community becomes less elitist and more inclusive, until profit becomes a secondary drive, we won't see this trend reversing.
2%
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I really am surprised to see the vitriol directed at dogecoin on this thread. Doge wasn't built for profit and the charitable/altruistic initiatives it has supported continues in this spirit.
The rationale behind its limitless prod was sound to me and further strengthened its ideals.
And yes, interested to know what has been scammy about the coin.
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Hello SMAS. Great effort, it makes me wonder why the initial attempt was unsuccessful.
I am a new user on bct, as you can tell, and I have just joined my 2nd sigcampaign managed by yahoo. The first was successful but will have to wait some weeks to receive remuneration.
If I could offer a suggestion: all campaigns supporting SMAS could also adopt a common standard or statement which would be added to all its campaign rules.
Examples would be a requirement for each applicant to read and agree to a minimum standard for post activity, or even a simple guide for beginners to better understand what makes quality posts. It might mean just 2 links added to each smas campaign.
This would help beginners (even like myself) understand how they can contribute to improving the quality of bct content. I didn't know, for example, that my earliest activities as a newbie on bct would be harmful to some of my applications as they were in micro earning and gambling sections.
Again, great effort and the community thanks you.
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If you're asking for the fee structure of various wallets, then maybe this link can help you out. http://cryptorials.io/bitcoin-wallets-comparison/Most pay a network fee but some bear the cost but have different pros and cons. A search for "eth wallet fee comparison " should bring out similar results for eth and so on.
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One of the most basic principles of financial management is to put aside a small portion of income away as savings.
It may seem like the rich just seem to splash their wealth carelessly but those who built their wealth are usually thrifty and don't put all their eggs in one investment.
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Perhaps the correct question to ask is which tech companies support blockchain technology? Totally agree that merely accepting crypto as a mode of payment is simply not good enough to count as support from a tech company. It's the most individuals and small businesses can do but tech companies who have put their weight behind it?
There are other companies though, that may not qualify as tech, but who have Innovation and Tech Departments who are putting huge financial backing into researching and developing blockchain.
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If you are a business owner or you know someone who does business online, then you can help speed up adoption by accepting bitcoins as payment for your goods or services.
Myself as a freelance writer, I am always offering that option to clients when I quote now. So far, other than for very small jobs in places such as these, I have not yet received payment for my services in bitcoin.
There is hope though. It took years for clients in my country to adopt paypal and now at least a third of people in the creative industry in my country accept paying out through paypal - some exclusively.
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Watch out if the 1 per cent decide to only use an altcoin or combination of and force merchants to only accept that for rewards.
They will never be worried. If they give btc no value then it has no value to them.
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As a matter of ideal, I doubt very many people "believe" in fiat but as a matter of practical principle we all need money to survive. Hell we even need fiat to get involved in crypto.
So like it or not, believer or unbeliever, we all hold on to fiat because it lets us live.
Besides, how many of us would truly choose to abandon fiat and descend into financial anarchy as a revolution before establishing whatever new order we think is fit?
Only the desperate would and we are too far removed from desperation as we are discussing this on forum haha.
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I'm with the side that thinks Trump win had little to do with btc move, it was just an effect of the dollar.
If anything, it will be a full term before Trump administration has any resource to divert to priorities such as bitcoin. It's volume in trade is impressive but not nearly big enough to warrant attention with more pressing issues at hand.
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You've done and asked the question before you are prepared but no worries.
To summarise what you need to do in a few steps:
1. Put down you business in a simple description easy to understand.
2. For every aspect or step of your business, prepare details for interested people. You need to be able to describe exactly how each step works.
3. List the cost of each step so it is clear what the funding is used for.
4. Accounts/bookkeeping. Show your cost and profit history.
And think of questions ppl will ask and have an answer ready in an faq sheet.
Good luck!
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