Jim Sinclair has predicted that gold will reach $50,000 (USD) per ounce in 2020. If you compare the movement in the gold market against the bitcoin market they almost match each other. Perhaps this is because bitcoin was designed with artificial scarcity based on the extraction of gold from the earth. The global gold supply increases at approximately 1% a year. Start stockpiling those bitcoins!!!  If you have never heard of Jim Sinclair look him up. He knows his gold very well and has accurately predicted peaks in the gold markets before. I guess once Bitcoin really picks up, it will start outpacing gold prices. Hope Sinclair has factored in some cannibalization by Bitcoin while coming up with his gold price.  |
|
|
|
|
They found out it is great publicity, no risk (because of payment processors) and probably doesn't cost much to implement.
Whenever a company decided to accept Bitcoin, it definitely stayed in the news for a few days.
|
|
|
|
whats your price for all x10 accounts? also, can you sign the verfied message on the btc address to proven etc.
thanks.
For member accounts, would verified messages be necessary? It just takes a couple of months to reach member account. |
|
|
|
As you can see current financial world is regulated, every business and organisation have to follow law. Does this makes our financial system better?
Everything is fine, big financial institutions are getting bigger, banks are getting fed and people like Jordan Belfort are everywhere, it is your 'regulated' world for you.
To play the devil's advocate, if the financial world was left unregulated, it may have been far worse. Regulation may not be perfect, but it is still making the world a better place. |
|
|
|
There is website that is being built that can take most Dev jobs and soon programming will be so easy that anyone can do it.
Jobs evolve. Do you think there are still jobs for people who repair typewriters? Jobs becoming obsolete is not bad at all. |
|
|
|
Electrum does this as well, it will show the balance of all the addresses in a wallet. you can add watch-only addresses too.
That is correct. Would like to add that you can import the private keys of your addresses into Electrum wallet. So it doesn't matter if the addresses were not generated by Electrum. |
|
|
|
The disadvantage of apple pay is that you can only use it with apple devices and only apple devices. Bitcoins allow users to use it on most platforms and have lower fees.
The disadvantage is additional fees on top of credit card fees.  |
|
|
|
Well if the dollar collapse the government will probably just confiscate all the gold again... so gold would be the idiot way to go.
The question is not just from the perspective of an American citizen. For the Chinese, the US government trying to seize gold is not a problem. |
|
|
|
|
I would only say, "Nice try!" to them.
This is the best part
"The chairman did not explain how the security service was planning to block the accounts."
|
|
|
|
No it is not the end of bitcoin when it gets regulated and it will be regulated very soon ,this may the UK government are looking into it they want to learn more and have spent 12 million to research it before they decide on how to do it to apparently make it a safer place for both investors and merchants. Chances are when they have there foot in the door they will try to control as much as they can..
If they start to tax everything with Bitcoin, it will be the end for mass adoption, only for people interested in anonymously doing business or lefties Most people do pay taxes, so that won't be a concern for Bitcoin. Tax avoidance/evasion is not the only reason why people flock to Bitcoin. This is like saying fiat cash is used only by tax evaders / money launderers. |
|
|
|
|
Countries try to print money, cut rates and generally pass the "deflationary parcel" around.
Unfortunately, this is a game which no country can win.
|
|
|
|
(My general approach for BTC is to just buy a few and hold them. If BTC goes global, I'll be happy, if not, and BTC becomes obsolete, no big loss.)
So, let's suppose I chose Electrum, which seems to be one of the easier ones to use.
If I download the wallet to a computer, can I then move the BTCs to an external HDD? Or, do I have to store them only on the computer? It's just that I have a netbook I don't use much with Windows 7 starter and thought I could use that. The question is, what happens if the HDD on the netbook fails, do I lose the BTCs?
Electrum is a great choice. Not only is it easy to use, it is a deterministic wallet. A seed is initially generated and you can restore your wallet from that. You do not have to worry about your HDD failing. |
|
|
|
one part of me hopes it goes down more so I can buy more cheap Bitcoins The problem is you will never be sure of when to go in... or when to get out. |
|
|
|
Criticism often comes to online wallet providers (Xapo, Coinbase, etc) saying, if you don't own your private keys, you don't actually own your bitcoin. On the other hand, if your cash is in a traditional bank, you don't really own your cash either. The only possible difference, traditional banks have been around longer, and more people trust them.
The reason why I store money in a bank is that (i) I earn interest on my deposits (ii) Even in case the bank goes bust, my deposit (up to a certain amount) is insured. With Bitcoins, I would rather secure my private key on my own. |
|
|
|
Same old mining, trading, this signature. This and that. Not much but it adds up. Time and yield is everything in investing. And patience. Good luck, g
Trading is a little bit risky and not for everybody. I wouldn't advise newbies to jump into trading bitcoins. |
|
|
|
It seems the package is just imported from Debian's repositores, so the answer is: never. But it seems very easy to install it yourself,, you would just need to run these commands: sudo apt-get install python-qt4 python-pip sudo pip install https://download.electrum.org/Electrum-2.0.2.tar.gz People might not regularly check for latest versions. I was under the impression that this was one of the advantages of using linux. Centralized updation of all software so that you don't have to worry about security risks / using outdated software. |
|
|
|
|
When we click on "Send From" a particular address and
(1) The address is frozen (or)
(2) There aren't enough funds in that particular address
Shouldn't we get a warning / error message? I think transactions are being processed from other addresses in these 2 cases.
|
|
|
|
cant you get negative trust when you sell the account you post from? i think its risky
why it should i'm just selling my own account, i don't see nothing wrong with it The reason negative trust was given previously was because scammers used to buy old accounts, scam and then disappear. Negative / neutral trust would encourage people to use escrow while dealing with a bought account. |
|
|
|
Auction of 50,000 btc hath taken place and no price dump wot ith going on I woz hoping to buy a couple at 250 wot dose the price think its doing going up like that the auction woz supposed to dump the price not height it im so angry
and now im forced to buy at 300 im just so angry
You are not hopelessly confused. You are pretty firm that you want to buy BTC. That definitely is the right decision. |
|
|
|
|
Show Posts
