Im not sure anymore Im all on BTC for now, the rest seems like a JOKE.
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Up to 70% trade happens in China...Bitcoin is not going anywhere anytime unless it's favorable to them.
When China is done playing around with BABA, the money will naturally flow back to the Chinese BTC markets, driving the price up.
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100% certain, barring any major crypto flaws or Google suddenly adopting Dogecoin.
The only question is, when. Pessimistically I think it could be anywhere 3 - 10 years coming. Since it may have to wait for surges in genuine adoption rather than speculation.
If it takes 10 years to reach 1K again, a lot of people will sell before that arrives. People (that missed the boat, like most of us) are hoping to retire in 10 years. If in 10 years we go from 400 to 1000, it's going to be dissapointing.
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OP is actually right, thinking you know what will Bitcoin do next is like trusting OP... not a good idea. It's all speculation. Even tho, I like OP's idea, I think the same, it will crash hard, then it will go higher than ever.
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I don't care if it goes to 50. Bitcoin is mathematically headed towards success in the long run.
"Mathmatically headed towards success." I will memorize this statement, so I can drop it here and there.. Do we even know to what extent Bitcoin is traded for speculative purposes? Is daytrading a major factor at all? I would not bet on it. Consider that there is a large amount of capital flowing through Bitcoin money transmitters and adoption is on the rise. ya.ya.yo! Without seeing the numbers, I would say the majority of Bitcoin transactions are still for the most part because of speculative purposes, as opposed to people buying actual goods with it.
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I don't know about just paypal, but big financial players will have more and more control from now on, rather than nerds on this forum.
At least now we know that even if it's the same people that had most of the wealth comming to BTC and owning most of the BTC, they will not be able to create BTC out of thin air.
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Imagine you have to sell 10000 BTC... you are going to break the market if you do it in an exchange, if you do it subtletly with tons of small sells to not create a big wall, you'll take ages. So contacting some rich person privately is the best way.
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You are out of your mind if you think the debt will ever be paid. Check this beautiful page: http://www.usdebtclock.org/Numbers speak for themselves. I dont know if it will be Bitcoin, a new FIAT, or something, but the debt as we know it... that cannot be paid in a million years.
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A slave is a person which is simultaneously property. To all those that believe having a "shitty job" is slavery, may I ask you to identify the corresponding master/owner?
Its usually someone running a business, the usual suspect. If you are a wageslave you are fucked... not much margin of action. If you are not part of the initial distribution of the pie and your family didnt got a nice slice of the pie, then you'll need something special. Most people aren't and its difficult to break the wageslave loophole.
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Why do block times vary? whats the variable that says, it will take this or that time to process? I dont get this.. i thought it all depended on, the miner fee or something.
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I was also thinking about faucet, but I have found most of the member are not recommending faucet. So as a newcomer what should I do?
It is no easier for a veteran to "earn" BTC than a newcomer. Unless you want to start a business or you are willing to work for pennies per hour, the best way to obtain bitcoins is to buy them. Veterans can get a decent amount in signature campaings from what i've researched, it's pretty much the only way besides paying with your fiat..
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