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How would the proposed system be superior to physical bitcoins?
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I was completely cut off from all things bitcoin and altcoin in the last few months  can someone care to tell me exactly what happened? Like a tl;dr?  Your bitcoin stash just went up by 25% in USD terms. |
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Howdy ho...
keep posting and magically yee shall go up in rank every 14 days.
14 days, 6 minutes and 40 seconds to be exact.  |
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How easy is it to run a bitcoin exchange in India?
Didn't the RBI warning / ED raids result in exchanges shutting shop?
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Bitpay like company which process merchant payments, locks invoice at particular price with some time window to compensate volatility. So, whenever Bitpay successfully process payments means there is someone liquidating Bitcoin. If merchants acceptance is drastically increased then how will it effect price on exchange?
Will it move towards higher end or lower end? If cycle is perfect then, with every sell on exchange from payment process there is buyer out there. And price will remain constant. What if this is not true?
Various scenarios?
Some processors like coinbase allow users to 'buy back' bitcoin, after spending it on a transaction. If people don't want to miss out on increasing bitcoin prices, they might do this. This would nullify the impact of merchants liquidating bitcoin. |
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I think those who embrace bitcoin because of its concept and not its get-rich-quick potentials would inherently have anti-establishment tendencies, which is why bitcoin is so appealing to them. Bitcoin is essentially anti-establishment. Those who approach bitcoin as a commodity hopeful of getting rich quick would regard bitcoin as just that, a commodity, which they secretly hope it will die off so they can move on to the next get-rich-quick commodity. There really is only two types of people in this world - those who understand Bitcoin, and those who don't.
The original adopters will slowly get edged out as the big money comes in. At least, they will profit substantially. |
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In the untrusted world of Bitcoin, u get to gain some trust. U get to meet fellow bitcoiners in real world. That is a big plus for meetups IMO.
Am a little bit uncomfortable letting my offline world and online world come together. Losing anonymity is a minus, I would think. |
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Been using faucets for age and i havent got a 0.1 btc yet.
0.1btc is a lot. |
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Is the bitcoin user base wide enough in India to justify the investment that is required to start accepting bitcoins? It probably would be nice publicity for a company. Flipkart probably doesn't need that publicity. |
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How was that last meetup ? How many guys were there ?
It was good, an average turnout . You should come by some times. What typically happens at these meet ups? Discussions only or some trading as well? |
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You (err Yellen) very slowly closes the faucet that of quantitative easing, slowly buying fewer and fewer treasuries.
She has to suck the liquidity back into the faucet, for us to move back into pre-QE levels of money supply. |
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Many things cost more to repair then they are worth. New things often are cheaper then their previous equivalent and contain new features.
High labour costs tend to make repairing an expensive proposition, especially for low-value items. |
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Should it stay or should it go? It is little more than thinly disguised corporate welfare.
Exim banks of different countries would need to close down at the same time.... Otherwise, the country which closes it down will be at a disadvantage. |
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Do you feel...
Capital gains and dividend income should be taxed at an earned income rate....
or
Stay at 15% so that more people will invest?
Taxing dividend income is double taxation. Companies already pay income tax on profits and then distribute the remaining as dividends. So there should be no tax on dividends. |
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$700-$800.
Price seems to have stabilized, but might head up gradually.
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Even with a decent ASIC, like the 1.3 Mh/s GAW fury, you'd still make less than 50¢ per day. It doesn't seem worthwhile to spend your day at the library just for that.
which probably wont be sufficient to cover your hardware costs.... |
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Everybody with a computer should have BTC, whatever amount you can afford.
Start by encouraging everyone you know to open a wallet and send them a small amount as a gift.
Whatever amount you can afford to lose.... |
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