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i think we have to consider a couple of things here.
first is that right now miners will get 25BTC as the block reward and with current price (and rising price) it is enough for them to make it profitable. so they are not relying only on transaction fees so it can be low.
second is that the amount of bitcoin you send can be different for every use, for example if you want to do a micro transaction with small amount then 0.0001BTC can be huge for you. but if you want to send a large sum of money like 100BTC then it is nothing in comparison.
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Bitcoin increased by 400% in the past 2 months I read. Because Pypal is no longer available, and Greeks gotta use some kind of payment to pay online. This is going to help bitcoin over all.
Not just that. The current financial crisis in Greece helped bitcoin because people are excited about Greeks going to use bitcoin as an alternative so they bought large sums of coins for future reference. Well lets hope the coming crisis in china will make bitcoin blow up, from what it looks like the crisis in Greece would look like a tiny cloudy day from what if beginning to happen in china http://money.cnn.com/2015/07/06/investing/stocks-market-china-greece/index.html?iid=hp-toplead-domif Chinese stock market continues to fall as it was in the past month and they investors in the stock market notice bitcoin then we could very easily have another 2013 for bitcoin price. since the bitcoin price has an upward motion, it only needs another push like china entering it with a lot of investors, and then the price would skyrocket. |
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The biggest issue is the volatility and I think that's what scares a lot of people off, but at the same time its that volatility that is very attractive to speculators and thus the potential for profit. For the average user who may wish to use it as a currency though it can be scary for them.
This is what I thought for the first time Im doing trading bitcoin, I scare about the volatility but at last I think without any volatility I dont think I can get good profit. With this volatility we can earn every time and get much profit from it But the opposite is also true. You can lose a lot of money and profit not at all. Trading or investments always carry risks and are not always profitable. Nope if you know how to maintain your trading and try to see the situation too, I think you can minimalize your loss when you really have that bad luck i agree. every kind of investment has its own risks and profits. the important thing is the "total" amount of profit that you have earned at the end of the week (or any period that you prefer). not a couple of losses in one day. as long as the total profit is an acceptable amount by your standards you did well in your tradings. but if you are losing money every week in your trades and your total profit is negative, then "you" are doing something wrong. |
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based on the price movements i say we can see $300 by the end of this week if nothing goes wrong and no whale pops out of nowhere putting up walls.
also if this goes on like how Cyprus turned out, then we can see a breakout soon enough.
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ahh you know why? because you can't buy anything with dogecoin, their creators left the community and there is simply no demand and usage, except pump and dump scenarios..
i see a lot of places that you can spend dogecoin. some of the things that you can buy with dogecoin: - Gift Cards
- Jewelry, Accessories & Apparel
- Coffee Mugs, Office supplies & Cell phone cases
- Food/Health
- Music
- Games
- Collectibles(comics)
- Art
- Hardware & Software
- Web Design, Development, Hosting services
- Toys
- Movies
- Sports & Equipment
- Books
- Stickers
- Services
- Physical Dogecoins
- E-cigs, Glass pipes and Vapor products
- Offline Wallets
- Charities
- ....
i personally have only used Doge for doing giveaways, buying games and donating to charity. more info: http://www.dogecoins.com/spend.phphttps://www.reddit.com/r/dogecoin/wiki/shop_with_dogecoin |
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whenever i see a self-moderated topic in 99% of the times i ignore the whole thing.
because it shows that the moderator of the thread is denying freedom of speech and most likely has the intention of hiding something that don't want people pointing out.
Pretty much. There is no real reason to self-moderate a tipping or sportbook thread, unless you are aiming to scam people in some kind of way (cheating with results, not paying out, etc) If you dont have self-moderation, whats the worst thing that could happen really? Now and then you will run into some fresh account trolls, but they are pretty harmless, like this guy in my thread : This is a scam. OP is publishing different results than he actually sends out. I am following him for 2 months and now I am down 12btc.
SCAM DO NOT BUY
yeah, exactly. any person who has been on the internet for at least a week knows that these kinds of posts are only trolls or haters. so the only logical reason for why they make their post self-moderated is that they want to hide some facts and silence anybody who wants to warn others or reveal their ugly truth. |
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so i have learnt to keep it together when i lose and give it some time
This doesnt actually affect anything to the outcome of your gamble. People tend to believe that they could do something to change their "luck" which you can see from how many people that actually thinks that there are "magic seed" that helps them to win, being completely delusional about having a strategy that will make them rich or such. In fact this sort of thing should have no effect to the outcome because you are bond to fail if you are unlucky no matter what you did. The same thing as you are doing, you seems to be "charging your luck" while in fact it has no effect at all because you are bound to lose if it is so even or win if your luck says so even if you decided to chase your lost right away ( some people did and they got back their lost ) P.S : this is considering you are playing it blindly and utilizing the "smart way" to lower the edge of course yeah, i know that. i just give up gambling after a losing streak because i get so frustrated if i lose a big amount of money and don't make any back. you are right , logically nothing should have any effect on the outcome of your gamble. but it is always fun to have these superstitions about something like a "magic seed" that helps you win  besides i am not gambling to get rich or anything, but i don't want to be bankrupt either |
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this is why they say don't put all your eggs in one basket, especially if your country is financially unstable!
i don't believe that it is bitcoin to the rescue for the Greeks and it can replace their fiat as many are saying, because simply bitcoin is not ready yet for that level of commitment.
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I'm waiting for STEAM to accept Bitcoin, who's with me?  i am right there with you on steam. i was wishing this for over a year now. also inspired by this post about amazon, i submitted a request with their support team a couple of days back, and waiting for respond now |
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it would be great if a new column were added to the server lists (like the active servers and limit) with information about the version |
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for the average folk that dont want to deal with the complete blockchain i would recommend using electrum, then if your mining your not an average bitcoin users most up to date on news and block statistics.
Even using electrum has some extent of risks. Because you don't know which server you are connecting, and what version of bitcoin qt they are using. The best practice is to run your own bitcoin qt wallet locally with the newest version software. unfortunately this is true to some extent. but you can choose which server you are joining. click on the green circle on the lower right corner, un-check the auto-connect, select which server you prefer. after connecting to a server, in the console tab there is the information about the server you have connected to. but the problem is that only some of them inform what version of bitcoin they are using. |
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My biggest problem with Bitcoin is, I don't know where the easiest and the safest place to keep it. I want to use the Bitcoin core, but my PC couldn't handle it. So I use an online wallet, but I don't know if it's safe enough.  why don't you use an SPV (light) wallet. you can use something like Electrum, it is easy to use and you don't need a huge Hard drive space or bandwidth. it would be less that 40 MB in total size because it only downloads block headers. and as for security you can create an offline wallet with Electrum and only send the signed transactions on an online computer. all of these works that you need to do have good step by step walk-throughs and you can ask any additional question that you might have here. |
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who is going to fund this idea of yours? you said "There's only 11 million people in greece" how much do think is a good number to give to each citizen? 1 BTC per person is ~3 billion USD. who is going to fund this. and do you think that giving $270 to each citizen is going to fix their problems? Greeks should adopt bitcoin on their own and this process has many difficulties because first of all they don't have access to enough cash per day to buy bitcoin. besides if they buy bitcoin there is nowhere they can spend it like fiat. Someone is going to create GreekCoin soon enough.
ROFL GreekCoin to the rescue !!! I agree with you. As idea, it sounds good but it just not realistic. First, who will be such ''good soul'' who will give bitcoin in the value of 3 billion usd for free? Bill Gates? Warren Buffett? Be serious! Also, who will educate people in Greece about BTC, open ATM in bitcoin, introduce bitcoin to merchants etc. Also, anybody seriously think that several hundreds free BTC per person or family will really financially help people in Greece? Only way how this can works is if government in Greece decide to replace Euro with BTC but I don't think this will happen in the near future. Even with BTC Greece will still have a lot financial debts and political crisis to solve. exactly. and even if this idea can be funded through some kind of crowdfunding with generous bitcoin users, it is not going to solve the greece people's financial problems. besides, right now if you hand them free bitcoin, they most probably will exchange it for fiat to be able to spend the money for their day to day needs. |
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who is going to fund this idea of yours? you said "There's only 11 million people in greece" how much do think is a good number to give to each citizen? 1 BTC per person is ~3 billion USD. who is going to fund this. and do you think that giving $270 to each citizen is going to fix their problems? Greeks should adopt bitcoin on their own and this process has many difficulties because first of all they don't have access to enough cash per day to buy bitcoin. besides if they buy bitcoin there is nowhere they can spend it like fiat. Someone is going to create GreekCoin soon enough.
ROFL GreekCoin to the rescue !!! |
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never trust these kinds of Email with suspicious links.
but if you can not resist not clicking the link or not sure about the link, use online virus scan service like virustotal.com to check the address first (this is not guaranteed safety)
and finally do it in a sandbox and never enter your password and other info if the destinations address in not known by you.
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i read somewhere that if all or so many of the miners turn off their mining equipment and stop mining, then the difficulty would decrease drastically.
so i think blockchain can not be frozen! as long as at least one person is mining bitcoin. and since the difficulty would be so low by then, solo mining would be doable.
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is the payment only in USD or does the site have bitcoin cash out too?
if only USD, what are the cash out options?
what is the minimum amount that you can cash out?
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Steam Wallet Credit? can you increase my steam wallet balance or what?
Uhh... I believe there exists no way to transfer steam wallet credit from one account to another. Do you know of a method? Otherwise, I'll just gift the game. But if you know of a way, I'll gladly do it. If it is of no cost to me. Thanks for the reply! your topic says "[WTS] Steam Wallet Credit......" what do you mean by that then? the only way i know is the steam wallet codes that are available for $20, $50 and $100 i think Sure, I'll gladly elaborate. All you have to do is imagine up some game you'd love to play. Post/pm me, and I'll purchase the game from MY ACCOUNT and gift the ownership TO YOUR ACCOUNT. Effectively transferring 100% steam wallet credit form one account to another. Any further questions? I'm delighted to answer. hmm. interesting way. can you do this with in game items too, like Dota2 items and what i meant was this: https://store.steampowered.com/account/redeemwalletcodethese codes can be bought with paypal and gifted to others, anyone can put the code to charge their steam wallet. |
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I'm still very confused about Bitcoin. Now, I opened a wallet from blockchain, ok? And you know, I have the identifier, pass, mnemonic info and etc...
Do I need to something extra? I mean, isn't this enough? Why people are using other wallets?
you need to keep your Identifier, and recover phrase somewhere safe. preferably written on a paper. also use a strong password and make sure to enable two factor authentication for extra security. now you only need to give others your bitcoin address in order to be able to receive bitcoins. people use other wallets because they are more reliable and safer. if you have significant amount i suggest you to look into other wallets specially try to use a cold storage for big amounts. |
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