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201  Economy / Trading Discussion / Re: Is bitcoin better or paypal? on: July 05, 2016, 07:30:24 AM
In my eyes PayPal is right now better because it has a better future and its also that it has a great future a head.
Another thing is that its accepted way more and the dispute system makes it just so sweet.
For me I will not say Paypal is better than bitcoin because paypal high transaction fees like money transfer. Paypal not fully convenient like bitcoin transaction. And we can say many to prove bitcoin is best transaction medium for money.

If you are a merchant, the paypal fee is very high. If you want to pay your friends, I think there is no fee.
202  Alternate cryptocurrencies / Altcoin Discussion / Re: Should Ethereum be Forked Your Opinion (Poll) on: July 05, 2016, 07:28:19 AM
it is forked and it will be forked harder , you ignorant troll

The soft fork was supposed to implemented. But there is a bug. So it will be delayed while a solution is to be found.

Today is July 4 th, I checked the website, there is no new update.
https://github.com/ethereum/go-ethereum/releases

I heard that the problem with the soft fork attack vector is in the fundamentals in the Etherum platform.


Are you trying to say because it's fundamental it can't be fixed?

I think that is more like a question. I wonder if anybody knows the answer. There is no soft fork software now.
203  Economy / Speculation / Re: 2016 will be a boring year for bitcoin on: July 05, 2016, 07:27:05 AM
Bitcoins price is directly related to the spending done on the network and the biggest spending event of the year just ended. However we've got the halving to look forward to next year, so we've got that going for us. However realistically speaking, nothing will happen. Maybe a small spike in the price, even if that.
Why will 2016 be a boring year for the bitcoin i dont think this is true we have to go a couple of months and as you know there are allot of people who are speculating about
the price rising at the end of the year so we will stay positive till that moment comes.

At the moment, there is a fight between the Core and the miners. If there is no implementation of 2MB, the miners will switch to Classic.
204  Other / Off-topic / Re: Why would customers use Bitcoins? on: July 04, 2016, 12:04:59 PM
I came to figure out, why would a consumer/customer use Bitcoins?
You have to pay the 3 cent fee, while you dont have to pay anything when paying with a credit card.

So what is really a benefit for using Bitcoins, customer wise?

No long lines to withdraw money at an atm, no $10 fees if you lost your card, no having to deal with weak customer support etc .

The fees are increasing at the moment from my own experience. There is no guarrantee you will get confirmed within several blocks.
205  Economy / Trading Discussion / Re: Is bitcoin better or paypal? on: July 04, 2016, 12:02:43 PM
Paypal can better be used as a paying method online than bitcoins if you believe me you will do it because online payments with bitcoins
are not even secured so i dont think you want to lose your coins for nothing right?


I think that bitcoin is much much better, because you almost don't have fees when you send to friends, while with paypal usually you have to  pay pretty huge fees so i would always use bitcoin if i could, sadly not everyone accepts them in offline stores.

yeah, the high fees are really a big obstacle for us to use paypal with that we will have to lose a good amount of our earning, so the better choice is that we use bitcoin in our transactions.

But the fee in bitcoin transaction is also rising. Although it is still lower than Paypal, it will surpass it if there are more transactions.
206  Economy / Speculation / Re: 2016 will be a boring year for bitcoin on: July 04, 2016, 11:57:39 AM
The beginning of 2016 was petty to be honest but that was because the price was table for a really long time and many people got bored and decided to leave.
But as you could see the price was rising pretty fast after that and it was going from $500 to almost $800 with in no time at all.

yeah it was boring in the first half of the year as price was stable for a long time, but things are changing now and we can expect some exciting moments in coming days.

The halving is just 12 days away, there might be something exciting happen in the next two to three weeks.


Now it's close to 11 days:
http://www.bitcoinblockhalf.com/

I honestly have to say, I don't expect any surprises from this moment on.
Best case scenario: Bitcoin goes to 700 dollars
Worst case scenari: Bitcoins goes to under 450 dollar
$500 should be an all important support now. If it is broken that would be very ugly scenario and probably then we would go lower than $450.
We are nearing $700 again and it seems that it is gathering strength although volume is still not there. If the price indeed goes below $500 for some reason, I would take that as an opportunity to buy. Much of 2016 has been relatively quiet and it was only about a month ago that the price started to show more volatility.

I think the price action will also be quite quiet in the next few months, then the price will rise 60% again.
207  Alternate cryptocurrencies / Altcoin Discussion / Re: We missed the ETH train. on: July 04, 2016, 11:54:19 AM

I think for the small investors like me, it is better to sit on the side lines. Only big whales can make money.

The price turns very fast. A day or two ago, there were many trolls about the Ethereum. After the price rise, most of them disappeared.
Yes the Spoetniktards BTC goon shills usually drop off the radar anytime ETH is doing well. Which is more reason to invest in ETH and keep these here forums clean of their tardshite.

The bitcoin price dropped over 10% today, so we shall see less of him in the Ethereum threads? Ethereum is still young.

That is right. The Etheruem is still young. It is still growing. Its situation is similar to the bitcoin in 2010.

But some people are inpatient about the slow progress of the Ethereum and some people want it destroyed.
208  Alternate cryptocurrencies / Altcoin Discussion / Re: Should Ethereum be Forked Your Opinion (Poll) on: July 04, 2016, 11:53:00 AM
it is forked and it will be forked harder , you ignorant troll

The soft fork was supposed to implemented. But there is a bug. So it will be delayed while a solution is to be found.

Today is July 4 th, I checked the website, there is no new update.
https://github.com/ethereum/go-ethereum/releases
209  Alternate cryptocurrencies / Mining (Altcoins) / Re: (ethminer) ASUS 7970 Directcu II Top only 501 MHz @95 C @Fan 100% on: June 30, 2016, 08:37:50 PM
I have the 7990 cards. I do not run them at the highest voltage and frequency. But they can get dirty easily.
210  Economy / Speculation / Re: Bitcoin go to $500 on: June 30, 2016, 08:35:14 PM
You can see indeed that the value of Bitcoin is going to be higher and that many people are now waiting for the right moment to sell it so that is really nice.
But you dont even know what will happen in the future and that is the problem of Bitcoin but that is just only risky also.

The issue with the bitcoin is that you never know where it is heading. If its going in an upward direction, it does not means that it will keep on rising or if it is going in downward direction, then also it does not mean it will countiune in that direction. You cannot predit the price of this coin. One day it can be as high as 750$ and the other day it can fall to as low as 500$. This unpredcitable nature of bitcoins makes it very difficult to  guess what wil be the furture price of this coin.

The best thing you can do is sell when you see higher price and gain some profits, as not sure what can be the price very next day, keep on playing with coins in short term.
I dont think the bitcoin will go to that low the price of the bitcoin now is around the 600 dollar and he will not
drop to that low for sure if he does i think it will be the end of the many users of bitcoins becasue there are allot of people investing the last months.

I agree with that. The bitcoin price could drop to around $500, and then it will bounce back and stay here again.
211  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH price soaring. Are you going to move some BTC into ETH? on: June 29, 2016, 08:11:46 AM
ETHs price going to the ground now Smiley
too many fuckups in code it seems

The coding is not good, it has many flaws. One example is the recent soft fork software. I hope they will imprrove.
212  Other / Off-topic / Re: Why would customers use Bitcoins? on: June 29, 2016, 08:10:36 AM
They may want to use it to be more anonymous than using other payment methods, although Bitcoin isn't completely anonymous, it is different to other payment methods.
may be difficult for you and me but i think there are so many other areas where people are using bitcoin as a local currency. i think customers will use it because they will have very easy access to the good. they do not need to carry money with them therefore they will llike to use bitcoin.

The good thing about using bitcoin is that you can use it with a smart phone. But it needs more infrastrucutre to support it.
213  Economy / Speculation / Re: 2016 will be a boring year for bitcoin on: June 29, 2016, 08:09:06 AM
The beginning of 2016 was petty to be honest but that was because the price was table for a really long time and many people got bored and decided to leave.
But as you could see the price was rising pretty fast after that and it was going from $500 to almost $800 with in no time at all.

yeah it was boring in the first half of the year as price was stable for a long time, but things are changing now and we can expect some exciting moments in coming days.

The halving is just 12 days away, there might be something exciting happen in the next two to three weeks.


Now it's close to 11 days:
http://www.bitcoinblockhalf.com/

I honestly have to say, I don't expect any surprises from this moment on.
Best case scenario: Bitcoin goes to 700 dollars
Worst case scenari: Bitcoins goes to under 450 dollar

I am not so pessimistic. I think the worst case scenario is the price goes down to $550. The highest could be $700.
214  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH Soon Back To Sub 1 Dollar on: June 29, 2016, 08:07:29 AM
Well i am expecting for ethereum and now i am still waiting for ethereum price will crash in 1 usd..
But for now according to  price chart ethereum still fighting and i think they can recover all trust from other people..

I don't think the ETH price will crash to $1 in the near future, at the moment it is $14+ and it is going good in the most popular exchanges, we understand it was a big crash but i don't think that it will drop so much as $1, i think that it is profitable for the miners more than bitcoin sometimes.

I hope it will not go below $1. It depends on the solution of the DAO crisis and how the locked Ethereum are dealt.

$1 is equal to 0.0016BTC and it is really a small amount comparing with the price now at 0.02BTC, not even 10% of the current price. I think that the price will stay 0.015+ for a while because it is going good even though the recent 'hacks'.

The price of Ethreum depends on the solution of the DAO attack. If the problem is solved satisfactory, the price will rise.
215  Economy / Speculation / Re: Bitcoin go to $500 on: June 29, 2016, 08:06:12 AM
The price has passed $500 and the price has almost reached $800 this year but it was not mend to be so the pirce dropped again somehwere around $600. I hope that the price can hit $800 this year because we were so close.

The price could reach $800 a few months after the halving. If the price wants to go higher, we need more good news.
216  Alternate cryptocurrencies / Altcoin Discussion / Re: Alt coins worth buying on: June 28, 2016, 08:31:38 AM
Vcash because of its innovative features and experienced developers.   
You are just promoting you altcoins but honestly, altcoins are sometimes need to be consider to have a good future to partner with bitcoins. I hope to see move successful altcoins in the future to give users a variety of services to choose from.

Well I guess on his own sight he sees his own coin as the best altcoin. But how could altcoins be promoted if those owners are the one's bringing down each other.  Huh
Bitcoins and Altcoins should work hand in hand and the improvement of other should also benefit the others, every coin has a unique functionalities and values and they can bridge with each other to promote each other, what is important is all coins are in the crypto world so any good news the community will be benefited as a whole.

That is what I think as well. Bitcoin can learn a lot from other coins. So can the altcoins. Without altcoin, I will not have bitcoin.
217  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH Soon Back To Sub 1 Dollar on: June 28, 2016, 08:29:48 AM
If the hacker knows a method to freeze the stolen funds was being worked on, why wouldn't he liquidate the coins as quickly as possible before that could happen?

Does it imply that the Ethereum is still quite robust, there is not many bugs in it to be exploited by the hacker?
218  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ethereum Price Speculation on: June 28, 2016, 08:27:46 AM
i think the Price can increase again uppon 20$ until the halving is there  Wink

$20 is nothing compared to the price of the bitcoin of $650 at the moment. The daily price fluctuation is more than that.
219  Alternate cryptocurrencies / Altcoin Discussion / Re: There was no DAO hack on: June 28, 2016, 08:26:21 AM

Well from what I've been able to gather the flaw is built into the "Gas", IOW the ETH language for the contracts is inherently flawed so it matters not if it's DAO or some other contract there will be a (multiple?) flaw/s inherited. Is this a correct assumption?

Yes and no, but mostly no (imo).

A lot of the complexity in the design of Ethereum and in the correct coding of contracts comes as a consequences of the requirement to abruptly terminate execution when gas runs out.

But aside from being complex and perhaps a bad design or even a bad idea from the very beginning, there are no flaws of which I'm aware in how the gas mechanism works. It working as designed.

Whether that constitutes 'inherently flawed' is a matter of opinion.

Always glad your around to clear up misconceptions and cut through all the noise. Smiley

So the Ethereum itself is quite safe, or not buggy. The problem is in the writing or the coding of the contract.
220  Economy / Speculation / Re: 2016 will be a boring year for bitcoin on: June 28, 2016, 08:21:20 AM
I think this is one of the most exciting year for bitcoin...the bitcoin price going high and halving coming next month...i expect the price to be 800$ at the end of this year

That is true. The first 6 months of 2016 see the consoidation of the bitcoin price. The later half will see the price rise.
This month bitcoin volatility is relatively large, I believe it will be able to rise up next month.

The volatility could be even larger next months when the halving comes. If the price rises slowly, the volatility will be low.
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