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November 2008: first publication of the whitepaper
January 2009: release of the first open source bitcoin client and the issuance of the first bitcoins.
First transaction: between Satoshi and Hal Finney in the day when Bitcoin software has been released.
Or do you mean something else?
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"[it is]“not appropriate to confiscate Bitcoins as they cannot assume an objective standard value.” Furthermore, the indication is that Bitcoin, as a cryptocurrency, has no physical representation, and thus there is essentially nothing to be confiscated, according to the courts." They are right. But sooner or later it will be misused by criminals, and the whole finantial system is based on virtual stuff that doesn't even exist. Banks can create money out of nothing and lend it. Maybe they should consider illegal confiscation of bank accounts, since bank accounts are virtual nowadays  |
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There is no way to know, unless he has contact with whales or high authorities from the Chinese government, which is highly unlikely.
Maybe he just wanted some quick money.
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Everyone followed the rule "buy rumors, sell the news" but they sold a little early and the dump already happened, down to $3600
Better buy before new ATH are reached.
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Buy whatever you can now before new ATH's are reached. You may get some byteballs and november-fork coins for free in the meantime too, if you time your buys.
November-december usually is bull time, and things get more bullish because of the possible hardfork later this year
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and for with this topic the record for people talking about market cap which is a meaningless number for cryptocurrency market has been broken.  and meanwhile about 80 billion dollar of this "number" is still completely meaningless as almost all the altcoins have fake, premined supply which bloats their "number". market capitalization is used for a company and its shares and that number becomes meaningful because you are multiplying meaningful and real values by each other. New ATH highs reached are always nice. Might be meaningless, but keep people motivated andmay serve as propagando for cryptos. |
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Yes, and there is a technical Bitcoin term for it, hodling.
Easier to say than to practice, specially if you are a noob. Might take a long time until price rises again and you may panic sell or be too hasty and sell before the rise.
But until today the price always recovered and reached some new ATH, even if the bear market lasted few years.
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With the Segwit and 2x blocks you might want to remake your calculations. There is no way to know what will change in the future too. But I still don't understand you did you calculated the maximum Bitcoin transactions over history, as far I know Bitcoin doesn't have a kill switch that will self destroy itself somewhere in the future |
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Don't get all out of Bitcoin at once, you probably will regret it very soon.
Bitcoin is a lifelong wealthy plan, you don't go all sell all you gold laying chickens at once and look for better opportunities because you won't find any
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When will we see? Price seems to get stuck just below.
Today the Price of bitcoin is 3495$.You can see this in couple of hours. It's the dream of Many fork.Many eager to see this price. This is the rightest time to sell your holding bitcoin. I had holding some bitcoin for long .I hope I will sell it by today. I think I will get very huge to celebrate this week end. Bitstamp peak reached $3500 less than 30 min ago, then quickly retraced back to $3980. There is a good wall near 3500. Might take a while to break, if it ever breaks, or the wall is just pulled and in 2 min 3500 is past, hard to know. |
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Everyone wanted higher bitcoin price and we achieved this but another problem become transaction fees. When bitcoin's price was low, we had to pay also low fee and now when it rised, we have to pay high fee in bitcoins and plus that high fee is more higher with current price. Is this fair? The higher the price, the more money miners have with bitcoin exchange.
To my mind when price becomes high, we have to pay low fee and when it becomes low, than fee has to be high. To my mind it had to be done like this from the begining.
When it comes to bitcoin transaction fee charge, they are different percentage. There are some exchanges site that giving high fees and some's are low fee's of charge like example on bittrex the transaction charge fee's was 0.001 BTC while in yobit was 0.001 BTC which is really shit. Bittrex is more better and popular than yobit but its insane, isn't? Withdrawal fee charged by exchanges and transaction fees are different. The echanges may not forward the 0.001 Bitcoin to the miners and keep the profits for themselves for one reason or another. If the market allows it and users agree to pay then it is fair in some sense. |
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Bitcoin survived a fork, surely it will survive another one.
Will be just like with Bitcoin cash.The name they will give to the new coin doesn't matter.
Some exchanges will allow you to get the fork coin, other doesn't, move everything to cold storage and buy some popcorn for the pre fork FUD, and see nothing happening in the day.
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Blockchain is not limited to internet, it could work with any network, and in theory even without networks, like with couriers and stuff, but would be a pain and the transactions would be, let's say, slow. Blockchain may run parallel to internet if needed. Only the current implementations are dependent of Internet.
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The transaction fees are designed to redistribute the coins from the hodlers and give miners incentive to mine.
And only the supply is limited but there is inflation until the day the last coin is mined. There is no warranty that the price will keep rising and it will fall if the demand falls too.
Coins being "lost" is a problem, but I don't think people would be happy to know the money they are holding may disappear from their wallets. Would you?
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Huh? The charge BTCE had was operating a money service without a license.
Do you know the money service licensing requirements of the country BTC-e was operating in? Does it matter? The United States consider the whole world as its jurisdiction, if it is convenient for them. By the way, I think they said about an update by the end of this week( I think Friday is the end of week already, don't?). So anything new? |
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I don't care. I think the present and the incoming years are more important, either for Bitcoin and for me.
In 100 years Bitcoin might be dead, but I surely will and maybe the whole world too.
Bitcoin is being attacked now.
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Bitcoin fees are lower than during the scaling debate, just check the blocks. Also by design one day the transaction fees will be the only thing supporting the network and Bitcoin was designed for big translations and mimicking gold, that is, not for the poor. If you can use for smaller transactions it is a profit and not guaranteed to happen in the future.
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They should be more worried about how stupid they are. Bitcoin price and the price of gold can't be compared because they don't refer to the same thing or even things that are loosely related.
If they worry that BTC is about to kill gold, it is still far away because BTC market cap still is nothing compared to gold. For now.
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My question is for long term is it better to wait or is the price going to keep rising. Maybe we have a new bottom?
I know it's speculation but curious what people are thinking.
I am 100% certain that it is going to go to $1,000,000 per 1 BTC in the future. I am so certain about this, that I am willing to commit to pay you 10 BTC if it never reaches an exchange rate of $1,000,000 per 1 BTC. Funny bet. When are you going to pay him, if the bet is BTC never reaches 1M ever, so if he wins, then you'll never have to pay him until the end of times. Are you going to pay him in the afterlife, after the time ends |
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Credit cards charge a hidden fee from sellers, up to 4% or maybe even more. More expensive than Bitcoin unless for small trades.
There are credit card frauds and loss of money and chargeback. It is very hard to fake a Bitcoin payment. Chargeback is a two-edged sword because the buyer may scam the seller, but if the seller scams, no chargeback = nothing can be done.
Credit cards may lead to debit, which isn't good, and you need a back account and everything to have it, and you usally pay fees just to keep the credit card.
Credit cards are more expensive and harder to have and maintain.
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