There is analysis I read somewhere that bitcoin can be staying flat for the next few weeks until within June 2019 there can be a breakthrough that can trigger bitcoin to go beyond the barrier of $10,000. The continuing positive overall market sentiment is a big signal that bitcoin is going into this direction. There is an occurrence of a mild correction happening from time to time this time which by the way offers a good opportunity for people to get in with the bitcoin bandwagon. I am sure that bitcoin lovers will be happy and excited to witness bitcoin finally breach the $10,000 level after staying comfortably in the $8,000 zone. Do you think bitcoin still has the energy left for the run towards the $10,000 stopover or will there be some retracement instead. Take a pick. Make your guess. And let's watch which will come true... |
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Price up = analysts and experts expect prices to go up further.
Price down = analysts and experts expect prices to go down further.
I haven't read one worthy bit of analysis coming from any of the more 'popular' news outlets. They probably ride the flow of the market so that they have something to report regardless of what the prices are doing.
In that sense, speculation as a whole offers an infinite source of content and news outlets know how to tap into that source. It's not that I blame them since it's a business that needs clicks/views, but they at least coud do their best more.
Of course, there is no question that these analysts are just riding the bitcoin bandwagon to gain more attention for their content...and the more eyeballs the better for their pockets. This is just all business to them. What can be "positive" here is that this creates that avalanche of positive news that can play to sway the overall market sentiment. This is just like someone sowing gossip into the community until such time that everybody believe on the said gossip. An idea that can be repeated a lot of times can make good traction, grow and become the accepted reality. |
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That's probably because the BTC price went up. Let's just see what will happen if the price crashes.AT&T will most likely cancel all crypto payments.
This is the reason why they partnered with BitPay to insulate the company with the well-known bitcoin volatility. Now, when bitcoin can go down, the reason if AT&T will cancel the bitcoin option can be because no one is anymore using bitcoin to pay their bills. But the same thing can happen months from now if they realize that their expectation of the volume of transactions coming from bitcoin is disappointing. Let's keep our fingers crossed that this experiment can come with flying colors so that other merchants can also be following the move of AT&T. |
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People must be really stupid and naive,in order to fall into this scam. I don't see the point of connecting a wallet with "mining pool" and all that shit. The "minimum requirement" of having some coins in your wallet is completely stupid. More noobs should be aware of this scam.
Again and again, we have to remind people especially those new in cryptocurrency and investing to never believe everything you see, heard and see online as there will always be scammers just lurking around and if you show some signs of being gullible then you have more chances of being their next victim. Cryptocurrency is a new brave world with opportunities as well as threat and scams are just one of the many threats we should be aware of. Scammers are genius in appealing to our sense of greed and when we bite then we are left with nothing but empty bags. |
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I get surprised of a 61 year grandma knowing about mining and running a rig. It is truly unbelievable, because in my country even the younger generation doesn't have any idea about bitcoin. This describes the growth of bitcoin within China as a trading asset as well in mining. These might also be the reason for China government to come up with plans to stop mining process within the country.
There is also a possibility that grandma just took the "crime" so that the sentence can be less if the real culprit can be sentenced. Anyway, this highlights that in China people are still interested to do business related to bitcoin and cryptocurrency in general but sadly the government had already closed this avenue for them by banning bitcoin in 2017 and likewise with mining this year. The Chinese government is using the concern on power consumption as the reason why bitcoin mining has to stop....whether people like it or not. |
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You have a different definition of "infinite" which may not be coinciding of the generally accepted notion of the term especially in connection with bitcoin. It is called finite because there comes a time (though it is still far away into the future) when there will be no more bitcoin to mine and so what can be in circulation is the number of bitcoin existing at that time and nothing more. We have nothing to worry on this because bitcoin is being traded everyday there will always be sellers on the market...the problem is if we have no money to buy bitcoin and that means our wallet is finite likewise.
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Why posting messages is not allowed in the Telegram group? How to participate in the contests?
I am wondering of the same concern but I opened my Telegram now and I can still PM @StephenStake if i want to though I am not sure if he can receive what I will send. I am sure that before Thursday there can be update on this where we can send our entries for the many contests (can be the savior for our hard work and quality work). |
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Your question is irrelevant. Every bitcoin user knows that BCH and all the other forked altcoins that are using the name "bitcoin" aren't bitcoins.  They can call daisy a rose but we know better and they could not deceive especially intelligent people of the bitcoin community. So why is that forked altcoin still successful? Simply because they are good in appealing to greed and the management are doing well on this aspect. Greed is a big business in any industry and billions can be made if one is on-point with it. The only real bitcoin is, of course, bitcoin nothing more nothing less and it is not owned by Craig Wright (lol). |
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1. How has bitcoin/blockchain changed your life?
It open me up many opportunities which previously never existed at all enhancing the online experience a lot more times.
2. What kind of work do you do?
I am doing online marketing but I also have a heart and passion for farming (soon to start planting cacao so I can make my own chocolate).
3. What kind of work do you wish you could do?
As I state in number 2, I have the passion for farming so I guess that is my calling in life.
4. What do you wish to see bitcoin become?
I want it to become a major force in international commerce and be the partner in the rise of eCommerce.
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Satoshi never said that 1 CPU = one vote, in fact he predict the mining farms. And overall it's not that important what details of implementation were favored or disfavored by Satoshi - what is important is how close the software to the core ideas of Bitcoin that were presented in whitepaper. No one thought about things like Lightning Network back in 2009, yet here we are, extending Bitcoin to face new challenges.
The fact that Bcash mining is centralized is not its biggest problem - any coin can become like that under some circumstances, what is problematic of bcash is that its model is unsustainable in the long run, big blocks will cause irreparable damage to the network which turns it into inherently centralized protocol.
I could not agree more. We have to understand that bitcoin is like an ecosystem or even an organism if you wish and it is evolving to meet the current challenges it is facing. I am sure that Satoshi Nakamoto understood this reality back when he started this all and therefor he is very much open-minded to possible positive changes in the future. The most important here is that the principles of bitcoin remained the same and we should always be guided with them. |
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Found some replies regarding bitcoin in the old hacker news websites. You just have to to look at the first reply and see how 'ignorant' people are back in the early days. Grin. We can't blame them though, we haven't seen this kind of technology before, so it's understandable that people will question its intention and the impact it could 'potentially' bring to the world.
I think ignorant is not the right term because on those days there were limited information on bitcoin and people then were getting hard to understand what is cryptocurrency. This is just a progression of change and when you introduce something new people will doubt it, of course because the move is pioneering and they don't have a successful model that they can easily relate. Maybe if we were privileged to be part of the few in those times witnessing the rise of bitcoin and without the capacity to predict the future, I am sure that many of us would not also bet on bitcoin. |
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More than two dozen ethereum improvement proposals (EIPs) have been submitted for review and inclusion in ethereums next system-wide upgrade or hard fork, dubbed Istanbul. The list with 28 official EIPs and at least one other set to be added include changes to the $27 billion network that impact its mining algorithm, code execution and pricing, data storage, and much more. About a dozen of these proposals were discussed at length by ethereum core developers during a bi-weekly call on Friday. However, the majority ended up being tabled for further debate, with only one EIP receiving a tentative approval. Further Read: https://www.coindesk.com/the-real-discussion-about-ethereums-next-hard-fork-is-about-to-beginThe buzz is soon starting for Ethereum's next hard fork and I am hoping this can be a big factor for its continuing rise in its price. Though the leadership of Ethereum has been always challenged, many are still strong believe on its full potential and with good people manning its development team the future is looking good for this cryptocurrency. Are you solid loyal to Eth? |
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This is one of the latest big good news for bitcoin that crossed the crypto-related and mainstream media and I am sure that soon this can also open up more merchants big and small to adopt cryptocurrency. We are just hoping that more and more customers will be using this option in paying their bills with the company. An encouraging results can be the envy of its competitors so they can also adopt it. We want more good news like this.
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Not exactly great for the whole "decentralization" argument, if pressure from the US government is enough to dictate who is and is not allowed to trade bitcoin.
What other options exist for users in Iran? Localbitcoins via Tor or a VPN and buying/selling for cash? Are there other exchanges still operating in Iran? Bisq?
Like it or not, Bitcoin is still tied to fiat, fiat is needed for liquidity and ensuring price discovery, so for as long as living 100% on crypto is not possible (which might just never happen), fiat economy will be important to Bitcoin. Inability to buy Bitcoin conveniently/legally can be a pretty annoying obstacle for its adoption, and I hope Iranians will find some safe methods to trade BTC. As long as we need the fiat money to buy bitcoin then the power of the government will always be around our neck. We might say whatever we might say about this situation but any platform would prefer to avoid any confrontation with the government on any matters relative to doing business. Just because we are in cryptocurrency does not mean that we are not anymore living in reality...and sometimes reality hurts (and yes you can say it also sucks!). |
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The caveat here though is that Tippin.me is a custodial app, meaning that the app itself has control of the funds sitting on the website, rather than the user themselves.
This is probably the only thing that concerns me. Might've been better if they use a multi-sig wallet where user and Tippin need to sign the TX together (that's possible no?). I agree that this one big area of concern but knowing that this is a great evolution for bitcoin application that can work for more adoption, I am sure that over time they can do something about. I am seeing a big potential with this project and this can definitely open up more opportunities or avenues for cryptocurrency. Overall, Tippin is an extraordinary step forward we must all appreciate. |
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To be honest, I have been tired reading anything to do with this man. It seems to me that the more we talk about him the more he is satisfied because he is an attention getter and he is even laughing to the bank while we are laughing at him. In the end, we don't want to make Craig Wright to be the real winner with this saga so maybe here in the forum we should stop talking about him and his whereabouts. Just a suggestion, anyway.
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