The blockchain won't be very useful if the miners cease and you're the only person using it. The blockchain will slowly fizzle away if something superior comes along.


Some are trolling, some are just niave, and some are just looking for any sort of clues about what will happen.


Again I think the only way bitcoin will die is if something else comes along that is far better and people will abandon bitcoin en mass.


Are you Jamaican?

It does seem silly that they stopped their own service, but maybe not many people were using it and ChangeTip is pretty popular. Maybe there is some truth in the rumour they want to buy it.

No. Those slots get taken very fast, though they're usually for Full Members and above. I believe Luckybit has some slots still open for FM but not much use to you.

Whitehouse

Thanks for the free coins.

This is something I want also. Don't get me wrong, I want to hold them for a while until I think they achieve a value I think they are worth, but I want to be able to actually spend my coins on things I need, including paying my bills directly.

Bitcoin and gold are two completely different things, people just use the analogy of bitcoin being like gold for a comparison the masses can comprehend.

What does this have to do with the thread. Did you read the op? This isn't him asking if he'll become rich but why others look down on those who are only in it for the money.

Nobody knows how long bitcoin will last but that's the experiment we are a part of. Maybe it will collapse this year or next, or maybe it will still be running for hundreds of years. Whatever happens to bitcoin its influence will live on in new currencies or technologies that come along.

But until the buyer can import or send the key, so still can the seller. The keys need to be safely in your possession for them to be truly yours.

It's probably more akin to being passionate or just looking for excitement than being actually mentally ill, though I don't doubt there are some crazy people here. Some people also act nuts when there's money involved. Maybe they're just delusional or stupid, but not usually mentally ill.

I'd like a Full Member slot if there's one left.

18YhxGjc1emp6qbSDs2945rQPwY1HU5HWm
Posts: 217
Full Member.

Thanks.

It's all speculation, but I think bitcoin has a long life left yet, but it could go tits up if something far superior came along, though if that was going to happen it likely already would have. I think 2015 will be another relatively disappointing year regarding the price but it'll have a few ups and downs and a lot of merchants getting involved but this wont necessarily be reflected in its fiat value.


Hot Sauce? What does that even mean?

I think the Silk Road trial is proof positive that Ross Ulbricht is not anonymous. There are ways to remain completely anonymous even whilst running a darknet market but he made some schoolboy errors and has paid dearly for them. If you're going to run such a market yopu need to be so paranoid with your security that you triple check everything to make sure you're covered before you even set the site up but most importantly during.

I certainly think they have the potential to, but whether they will or not time will only tell. I think there's massive potential in things like the remittance market where the benefits and savings of using bitcoin are clear as day. I just hope the rest of the world sees this.

Does that capital they keep in the bank lose 30% of it's value over a few days? Companies cannot afford to operate by saving funds in a currency that can rapidly deplete in such a fashion and that's the reason companies use payment processors.

Now is a good a time as any to buy bitcoins but nobody can tell you if it's the right time or whether its going to go up and down as it's all speculation. Put some money on an exchange and set some buy orders at a price you're happy with and have some patience.


I time it right to buy at a good price. If you shop around you can always find a discount and if you wait a little the price will eventually come down, though the opposite is also true, and the same goes for bitcoin.

Really? They have internet connections at the North Pole? I think bitcoin has pros and cons, and believe me I'm a big fan, but the price fluctuations currently don't make it an ideal currency, though I realize that's just its fiat value and 1btc is still worth 1btc, but it needs to be a better store of value/

Ross is a complete paradox. I think he's a mastermind in some respects and obviously very clever, though it is clear he has also done some ridiculously stupid things. If you're going to run something like a darknet market you need to make sure you're paranoid to the point where it becomes an obsession for you to cover every single one of your tracks. He seemed like he didn't care about certain things and was very sloppy. He didn't even bother mixing his coins and they were traced directly to SR from his own wallet. Very foolish.

And 2014. People will say this indefinitely until it does actually happen. I suppose it depends what you mean by 'bitcoin's year' as well. Personally I don't care whether it happens this year or next, but I would like to see some decent gains or at least a new all time high within five years and a lot of merchant adoption (I want to be able to spend my coins freely). I think more and more money is coming into bitcoin and both more merchants and bitcoin users are getting involved so I think it will happen sooner or later.

I don't mind the prospect of it and it has a purpose but I won't really be interested in using it though there are going to be a lot of people really against the idea, but there's nothing people can do to stop the creation of things like this. I guess that's the beauty of bitcoin.