@OP i am interested to know what you decided to do after all if i have 1200 dollars maybe i just invest 2 BTC for 10 years and 1 BTC for 5 years and the last i would invest in gold maybe or real estate,if i could  investing 2 BTC + 1 BTC leaves you with ~$450 and you want to invest in gold and real estate with $450 ! that would be too low. |
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the short answer is : it depends! if bitcoin price is through the roof, i mean somewhere around more than $1200 and looking up, and also i have a lot of bitcoins stored by then, i would definitely mention it. it is like saying i bought a lot of apple's share when it was cheap, and now i am wealthy through my investment. |
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All I care ATM is how s LTC price going to behave once LTC hits block halving. It s going to be an excellent exercise on how BTC price s going to behave once BTC reaches the same point next year.
i am exactly waiting to see the future behavior of LTC price, especially at the time of its block reward halving. and that is all i care about to know about Litecoin, just about how much money it can make for me. but to compare the two behaviors of btc an ltc at their block halving, meh, i don't know if it is going to be the same although they most probably going to go up. |
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I made 7k usd on ltc in the last 10 days. It surely is not dead or even close to it.
the fact that we made a lot of profit from recent litecoin rises doesn't mean that it is not dead. i am not saying it is or it is not. i just want to point out that a pump is not the sign of life! |
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is gambling fix your life? or wreck your life?
I'm gonna go ahead and say that gambling will never fix your life. Just won't happen. If you have the right personality for it, and you have proper financial management, it won't "wreck" your life. But the rule is: Never gamble what you can't afford to lose. don't say never. it is possible that gambling can fix someone's life. i am not saying that this is a common thing or happens everyday. but it might. for example you can win a lot of money in gambling or in lottery and that can change your life. but ofcourse usually people get wrecked because of gambling addiction and they keep losing more and more money until they are broke. |
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Here in this forum i see some potencial bussiness to be create such as lending or be an profesional escrow, do you guys have any idea to create bussiness using this forum?
Make sure you calculate the proper risk /reward ratios of each loan taker, you dont want to end up losing money to defaulters. You have to take into consideration their rank, their activity, their posts, their previous actions, if they took loan before, if they defaulted before ,...etc All these factors need to be considered before some1 becomes eligible for a loan, after all its a for-profit business. Good luck friend!  IMO the only thing you have to consider when giving somebody loan is their collateral and nothing else. it doesn't matter if they have good or bad reputation when you know that your money is safe. you simply get the collateral (money's worth) if they decided not to pay you back. |
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I earned 100k Satoshis today. I spend my everyday life in faucets. Any suggestion so that my hardwork will not waste a day? Im new to BTC world. Right now Im working on 20 faucets a day for 8hrs. Faucets is my only idea to earn bitcoin. Not familiar with other way.
Man..You should make a reality check on how much is 100k satoshies worth if you spent all day on it... You'll be amazed lol  if he is really a bitcoin believer than those 100k satoshi one day could reach 25-250 dollars in alue still too low for my taste, but maybe for him it will be enough i understand what you are saying. but he should consider this: with the time he spent on working the faucets he could have worked on something else and earned a lot more, then exchanged that with 10x of that amount of bitcoin and then kept it for when it skyrocketed. |
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i have thought about getting a trezor for myself to store some bitcoin for long term and put it away in a safe place, but honestly i can not convince myself to pay around $100 for a bitcoin wallet.
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There seems to be many wallet programs. Is one better than the other?
I am setting up a RasPi2 and leaning more towards MultiBit just because it looks easy to install... I have zero experience in this area and would love some input....
Thank you
every bitcoin wallet has its pros and cons. it is up to you to decide which one you want to use for your needs. the wallets page on bitcoin.org is a good resource to give you the general idea about who each wallet is different and what features they offer. after choosing a wallet you can read a little about how it works and some feedback by searching here and google for it. |
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i saved both files (tar.gz and .asc) in one folder and did the pgp --verify but it didn't work:  |
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Yeah actually there are some porn websites that provide free video to watch lol. I don't have any idea why we need to pay if we can get if free. The videos have same quality with the paid one. But, the point on this thread is, bitcoin that always we keep in wallet can we use to get some porn. Nice development. Not every porn video is available on the net for free. Also, some people prefer to watch porn on Blu-Ray or DVD discs, rather than downloading them using torrents. And as mentioned many times here, live porn web-chats are not available for free. They are available only for paid users. And regarding teenagers using BTC to watch porn, it seems that most of them are bored, as there are not many options to spend their coins. additionally copyright laws prevent them from downloading pirated stuff. and also i know for a fact that downloading copyright materials from torrent can cause you a lot of troubles. |
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Most of people that use bitcoin their obvious answer probably is going to be "because it's annonymus and don't need my real informations and my account don't get limited" when you ask them why do you use Bitcoin . But most of them also use Exchange to trade their bitcoin and most of those exchange websites asks for ID or passport verification and residence and some other real informations , so isn't this a contradiction  don't exchange defeats the purpose of bitcoin the anonymity part of bitcoin is not that much important "for me". but so far i have bought bitcoin with fiat from a person so i have never provided any document to any exchanger. and i think there is nothing contradictory about exchangers asking for these kind of documents and the fact that bitcoin is anonymous. because first of all you can avoid using exchangers and since they are working within a country and working with fiat they have to obey the laws about trading and all other rules about taxes etc. |
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Bitcoin is pretty much dead.
The only reason btc is still around because it was the first crypto moni and lots of people invested in it. So that lots of people won't let it die so easily. But it is inevitable.
Btc has so many flaws. The biggest one is the speed.
What do you mean? Speed is nothing to compare here. Bitcoin speed on transaction is good enough and things left is confirmation time? I think you misunderstanding speed here Yeah of course we will still have paper money but I imagine that bitcoin is very attractive for international money transfers, and it will take over as the main currency used by everyone.
Why did you say that? I dont think bitcoin will ever replace as the main currency because there are still many people dont adopt bitcoin as they adopt fiat in their lifes so bitcoin will just stay the same Never say Never! although bitcoin is not yet adopted by majority of people, i believe that it has the potential to become much more successful that what it is right now. and eventually it can be a substitute for fiat, or at the very least it can be as useful as fiat and exist side by side with it. |
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Its easier for you because you have more experience with some of altcoin mining. I mean how am I or other people can choose which one is good or not to be mined. I dont think just follow people lead doesnt make you have a great profit. Its require less time in the past you said but for now I guess there are more people in mining altcoin so it will be need a lot of time right?
well, you have to start from somewhere. like back when i didn't know about trading i thought that it is extremely hard to figure out the market and profit, but little by little i am improving myself and trying to get better at it. yes you can with one gpu only, but you need to be really fast, basically after the coin is launched, you need to be there and mine from the first second(even just one second late and the game is done, you can't do much anymore), but this can work only if the first number of blocks are with high reward or normal reward, and not zero or anything like that a good connection speed may help too i instamined many altcoin in the past, and there were cases where i was making 0.7 btc in 2-3 seconds, it was one of the most fun thing that i have even experienced in mining where do you sell these mined coins? since they are new, they are not in any exchanger to be able to exchange them to BTC. |
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~~
Yes you can dream, but in my opinion you loved bitcoin more than your own currency? or you will substitute your own currency to bitcoin?
bitcoin is not dependent on fiat and it is not a substitute for fiat either. at least not yet it isn't. what bitcoin's price is, depends on many things but not fiat. |
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I've talked about it with friends, but haven't recommended it, since there are no business around where I am accepting bitcoin yet.
why you not introducing him to accpet or earning bitcoin ? maybe he know that if he recommended it to his friend they won't accept it because they want more fiat money than bitcoin, even if they know that bitcoin is the easiest way to transact. it differs from person to person and depends on where you live. for instance if i want to make someone excited about bitcoin i have to show them how they can earn bitcoin and how they can profit from it by investing and trading. but since there is no place to spend it here, this restricts my options. |
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Hi! How BTC bitcoin developed in your country? Are there many people in your real life that you know that use BTC ? I believe bitcoins are more into developed country. I mean actually using it as a currency. In most of the other countries it is just a exchanging commodity. i agree. although everyone looks at bitcoin as a kind of investment, mostly we can see actual usage of bitcoin in developed countries while other underdeveloped countries are stuck in faucets and just buying/selling of bitcoin as a means to earn money. ~~ With their developed technology they can even make bot to auto click captcha or anything that can earn good amount of bitcoin. ~~ creating a bot doesn't need developed technology!!!! it is just a program, and needs someone with programming skills. its not like you have to create the Terminator to fill in captchas for you what i meant by my top comment was that the ways you can spend your bitcoin in developed countries does not exist in other countries. |
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i want to add the important thing that whenever you think of cryptocurrency you thick about bitcoin sinceit was the first one and the most popular one.
litecoin is considered and alternative.
bitcoin has dedicated developers.
bitcoin has more usage than litecoin.
...
now i ask you why do you ask this question? do you think the opposite is true?
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because all of the links are about money supply inflation, although it is relevant to the price you can not directly connect it to how the price will be and say it can reach 10,000 USD. honestly i agree with what OgNasty said. and since i am not seeing any mass acceptance i can not accept that bitcoin can reach 10K$. when there is no indication of big payment processing services like paypal or amazon, etc accepting bitcoin and instead we see things like these every day: MasterCard: Digital Currency’s Risks Outweigh the Benefits (2015)MasterCard Executive Argues Bitcoin Can't Be Trusted (2014)Bitcoin Will Be Used For Illegal TransactionsFBI Fears Bitcoin's Popularity with Criminalsi don't see any indication of price rising to those big numbers anytime. p.s. i must add that although i said all the negative stuff here, i don't believe that it is all bad, and am not trying to post a bitcoin is doomed reply thingy.
Do you have anything to give credence to you thoughts?
No one ever does that. It would be nice once in a while to have some properly reasoned replies in either direction but I think it's beyond the means of most. you can respond too, if you have anything to add. i would be glad to hear it. |
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i have downloaded "Electrum-2.3.2.tar.gz" file from the official Electrum website and i want to install it on my offline Linux (as a cold storage) how can i check that the file is correct and safe to use? is this what i should check against? https://download.electrum.org/Electrum-2.3.2.tar.gz.aschow can i do that? =====EDIT=====for anyone who might have the same problem this is what i did to fix it: 1) downloaded the tar.gz file and signature (asc file) 2) downloaded the signer's (thomasv) public key this can be done in two ways: a) saving the key to a file named "key.asc" from the address provided at the top of the Electrum website: Linkthen importing it: b) or by typing in the terminal: 3) finally verifying: gpg --verify Electrum-2.3.2.tar.gz.asc Electrum-2.3.2.tar.gz an screenshot: https://i.imgur.com/g1cVqdW.jpg============= |
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