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I never listened to all those retarded haters. They can say whatever they want but it will never influence my actions. I do what I want, when I want. If I listened to the haters, I would have never made the best investment of my life, Bitcoin.
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Probably. It's happened before. Probably will increase to about 0.0005 for average txes, not much. Or at most, 0.001 satoshi. That will more than cover the lost btc.
What i'm really scared for is when 2140 comes. If bitcoin is widely adopted, the price will be huge. But will the tx fee be 1+ plus bitcoin? Not that's a scary thought.
You really think that the fess will go up that high? Do you have any quotes from anyone or any links to websites saying this? |
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Hariom has a negative trust, according to your rules he should be removed from the campaign Ya But why are u trying To Make them learn about their own business.. They have very well explained in their Op itself that they will remove if their are such circumstances ! Anyway will try to resolve everything and Please mind your own business )))) Telling someone how to manage their campaign by repeatedly posting who they should accept and whom not to while the person is known to be active nearly all day long . Thats , not minding your bussiness. Informing a campaign manager who has allowed over 40 spammers and is known for being "lazy" , thats when someone has to step up. The campaign manager can do what he wants. You have your own campaign to manage, so mind your own business. |
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Yeah they will probably make the fee higher. Hopefully not to high or it may ruin Bitcoin completely. And who here really wants to pay more fees?
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Blockchain.info says "very soon" means most likely your transaction will be confirmed when next block mined, but it's not accurate.
The reason your transaction took 1 hour for a confirmation because there are many transaction in network & your fees is below recommended (only 0.0002BTC/kb, you should use 0.0005BTC/kb to get faster confirmation)
Yeah. You really should use more fees if you want your transactions to get confirmed faster. You can blame anyone except yourself for this incident. |
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Blockchain.info's priority checker thing is very inaccurate. To make sure that your transactions gets confirmed quite quite quickly, make sure you have a decent amount of fees.
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Reading the responses to the recent topic titled, "I would sell all my bitcoins if…." has left me concerned.
The kinds of responses on that thread reveal a deep misunderstanding of bitcoin and the current monetary system in many of those who are speculating. Let's consider the scenario in which bitcoin reaches $1000 or let's say $10,000 per bitcoin. Many have said they will cash out if bitcoin reaches this point. Why??
If bitcoin reaches $10,000 it will have to be because the fiat currencies of the world are tumbling to worthlessness via a hyperinflation type scenario and bitcoin is the safe haven, which if you know anything about the current monetary systems of the world, you know this is inevitable. (there have been 3800 fiat currencies throughout history and EVERY SINGLE LAST ONE has crashed to worthlessness; a value of zero) Why would you then sell all of your sound money (Bitcoin) for a bunch of fiat money that is inevitably becoming worthless? I don't understand the logic in doing that.
If bitcoin ever reaches $10,000 per bitcoin, you will NEVER see me selling for fiat paper money. You may however see me having a shopping spree at Overstock.com or TigerDirect.com or NewEgg.com! I will be buying things I want with my bitcoin profits DIRECTLY WITH BITCOIN, not selling my bitcoin for paper fiat. Hopefully by then there will be many more options, perhaps even Amazon.com will be accepting bitcoin for goods and I can have my shopping spree there.
Point being, selling bitcoin for dollars seems counterproductive. Why convert your paper fiat currency into sound value storing superior bitcoin, only to sell all of your superior bitcoin back for worthless antiquated fiat currency again? Why not just spend the bitcoin itself to buy what you want instead of taking a loss by converting back into dollars which will inflate away eventually anyway?
Well. People like me like to live in the moment, so I would definitely sell my Bitcoin when the price is very high. I don't really sell my Bitcoin, I just spend it when I want to. |
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Pros : fast, portable, electronic, backup, inox proof life money.
Cons : need learn before use.
you can learn at any age.
You can't really learn at any age. If you are like 0-9 or over 80 years of age, you will not understand the concept of Bitcoin. So you can't really learn how to use Bitcoin at any age. |
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the biggest con/disadvantage is for sure the learning curve.
Especially if your not computer savy. Its hard to explain to
a lot of older people even how to check their email let alone
understanding what btc is and what to do lol.
This is very true. I have tried to tell a couple of my friends and family members, but they never seem to understand what I am trying to say. You kind of have to learn it by yourself online because not many people know how to explain it in an easy to understand way. |
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Bitcoin is cheap and fast that is why a lot of people love to use it. Some people are also scared to invest in Bitcoin because they think they will lose their money when the price drops.
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I would definitely not sell if I was you. The demand of Bitcoin is rising rapidly and so is its price. So you could sell now, earn less, or sell in the future and earn more profit.
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People these days. Am I right. Why do we have to do this to each other? We should all come together to make a stronger and happier Bitcoin community. Stop campaigning against each other and instead join forces.
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Don't you think we'll re-test the ~$50 price beforehand?
doubtfull,the 50$ floor is not imaginary.  it all comes down to psychology sellers don't want to sell below 50$ buyers are happy to buy tons at 50$ ... RALLY! Very true. People these days just want to make money, and other people want to save money. What has this world become? |
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I personally very much have. I look back to the days where is rush to the "Time Zone" at the mall after school, and blow $15 on street fighter. Oh, those are the days. Of only there was a full bitcoin arcade... Already been done, I remember a picture with an arcade machine running what probably was mame, and you were able to pay and play games on it, it had the street fighter cabinet, I will try to find the picture. Edit: Anyway couldn't find that one but I have found this:  This is great and all, but wouldn't you have to wait a long time to start playing the games. This is where fiat or a credit card becomes very handy. Bitcoin just can't do all the things that fiat can and vise versa, thats why we need both in the world. You can always accept 0 confirmations or wait for Lightning Network which will make instant payments like this pretty much possible so stuff like this could perfectly run under the Bitcoin ecosystem, it already does in casino online games. Sure, you could always accept 0 confirmations, but people could intentionally double spend, no matter how cheap it is. Have you seen people scam for less than a cent here? No. I haven't seen anyone scam less than a cent here. Who is that stupid to scam less than a cent, I have seen people scam multiple cents though. Why do they even do that, it's not like they are making a decent profit. |
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Already been done, I remember a picture with an arcade machine running what probably was mame, and you were able to pay and play games on it, it had the street fighter cabinet, I will try to find the picture. Edit: Anyway couldn't find that one but I have found this: This is great and all, but wouldn't you have to wait a long time to start playing the games. This is where fiat or a credit card becomes very handy. Bitcoin just can't do all the things that fiat can and vise versa, thats why we need both in the world. |
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I doubt that there will ever be these kind of machines. With Bitcoin's long transaction time, you would be waiting a long time to play the game. We might see these machines if Bitcoin's transactions becomes instant.
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You can't just change a major part of Bitcoin, the transaction code, without completely changing Bitcoin. I don't think you understand how cryptocurrencies work. All those other cryptocurrencies that you listed are different to Bitcoin. Bitcoin will never become like them.
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Early adopters were the people who mined BTC with their home computers, when it was possible. So that was before the arms race began with the invention of Asic computers and guys creating BTC farms in China. Before 2012?
I jumped in in early 2013, so I'm not an early adopter.
I think what you are describing, is the innovators of Bitcoin. They are the ones that really started Bitcoin up and took the risk of mining. The early adopters are the people that bought the Bitcoins around 2010. |
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I think that anyone who used Bitcoin from around 2010, up until now, are all early adopters. Bitcoin is still in its developing stages. Look at something like gold, it has been around for sooo long. Bitcoin has only been around for 7 years.
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I think bitcoin will go up, as there will be pumps, and pumps always drive new users in. When users come in, then the base price of bitcoin will shoot up. Oh, the wonders of adoption.
I definitely agree with this. As more people learn about Bitcoin, the demand for it will increase, thus making the price higher which will be great for the people that have already invested in Bitcoin. |
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