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Banks, in particular, provide many services that someone will still have to provide even if old currencies were to be totally replaced by bitcoins. People will still need to borrow money, for example and other people will want to lend it.
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The precedent that Greece abandoning the Euro sets would be devastating. It means that Germany or France could do so if they ever pleased, and the possibility of that happening would place the Euro in a lot of trouble.
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The question is, if Greece managed to leave euro, that could mean other countries which are also in debt can also follow suit and do the same. Eventually when more countries follow the same action, it can only mean that the whole union will collapse. These has been projected to happen for some time now and I see no other solution.
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It is just a little problematic because of the price being low and many losing huge amounts of money because they bought at the peak, taxes being a problem, and other unnecessary stuff. It's just a phase and will fade away eventually.
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My favorite type of gambling is sports betting. I think Sports Betting is the best type of gambling especially football betting
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you shouldn't try to earn income with gambling. At least in a game where you are mathematically destined to lose. The house always wins due to the house advantage.
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We can't pretend that more stringent gun laws are going to prevent 100% of tragedies 100% of the time. No matter what laws are put in place, some criminals are still going to be able to obtain a weapon.
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I will never understand people who kill animals for fun. Those trophy hunters who pose with the killed animal, seem to be so proud of what they're doing. They're proud that they killed a majestic animal like a lion
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Isn't low / high tide cycles convulsive evidence we don't have a flat earth but a round one? I've personally never understood who benefits by lying about the shape of our earth.
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I seriously believe that Bitcoin could be the greatest transfer of wealth in human history. Although my friends and family still think I'm crazy, but we shall see.
there will always be misinformed people, but I have faith that as a community, if we work together, we can get people to understand the Bitcoin technology Considering how small bitcoin is in terms of users and the median amount of money per user that they have in bitcoin its still really early years. I think if you are looking 20 years out you're looking more like 10-100+ times its current value |
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There have been several attempts to verify the identity but all we have are theories ranging from engineers, researchers and political figures to possibly a group of people. Revealing his identity wouldn't give us anything, but he'd be in danger. Politicians, maybe even some criminals would be interested in him. Additionally, it's his choice, not ours, whether we know him or not.
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Funds attributed to Satoshi Nakamoto have not moved -- they are unconfirmed by the bitcoin network and likely spoofed. Blockchain.info has a bug implementation and believed bad transactions were real transactions.
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It's funny how most of the posters who say something like "it can't get to 10k, that's too much" simply because they think it's too much, not because they have valid reasons why bitcoin will fail are also the people who tend to write illogical sentences with horrible grammar.
I mean if you have valid reasons for why bitcoin will fail, great. Bitcoin is an incredibly risky investment, and there are many problems that need to be solved before it can go mainstream, that is completely true.
Otherwise, saying that bitcoin will remain a few hundred or a few thousand simply because your little brain cannot comprehend the possibility of its price going up is quite laughable. In what scenario will bitcoin be worth $200-1000? If everything else stays exactly the same? That's a ridiculous assumption. Either things improve and bitcoin improves, thus increasing in price many-fold, or nothing happens, in which case people will start losing hope and price will go down. The chances of bitcoin staying at a price that's not so low it's basically dead, and yet not high enough to be relevant in the real world is very, very low. Not impossible, but very low.
I'm willing to bet that every single person who says bitcoin cannot reach 10k in this thread (other than people who thinks it will fail) did not do ANY critical thinking, and only looked at the current price and thinks 10k is too far off. Learn to think critically, people.
I think the price could go above 10,000 USD but it could be a 10 years time more. I'm perfectly willing to wait. I suppose mass adoption is inevitable but it just needs somebody to make the first move (a huge country / organizations etc) |
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exactly Buffet is not an "oracle." Just because he says something it doesn't mean he's right. Thus, his opinion on bitcoin is just that: an opinion. And since Buffet is fallible |
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Millions of people don't even know about them; when word continues the spread, it's probable that there'll be a spike in value, since there's a limit to how many BitCoins will be in existence.
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What some people don't understand is that the bitcoins are the only incentive to keep the blockchain running. If the bitcoins were not valuable, then no one would "mine" and there would be no more blockchain. For the blockchain to exist, the currency has to exist. It's part of the solution.
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The exposure these stars can bring to bitcoin may be unparalleled, as they bring it to the attention of the masses, not just the techies out there.
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I hear even long time bitcoiners talk about "a glitch in blockchain" or "blockchain down". Noobs or moron Jounalists or even new investors might misunderstand it.
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this is a good reminder for all of us not to trust anything that we read on the forum because the real purpose of the posts are something else
~~hodl~~
Lots of people like to "talk their book" so to speak. If you're long you post epic bullish speculation and about the distant future. If you're short they point out the flaws and typically are more focused on short term bad news. In the end we all know that in the long run, bitcoin wins.  Yeah ...sellers are too damn impatient and reckless,speculation is the name of the game, sellers don't seem to be doing that, they are simply selling recklessly, IMO. |
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