Not when the price is fluctuating like what we are seeing right now. I mean your points are valid, nothing wrong with it, no middleman, safe but what if it loses its value? At that time you might be too old to work and you realize the value is not enough to cover your daily spending.
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Well you can't stop them, if there is money to be made who wouldn't want to. The main thing here is to educate peopld to be carefully when selecting the right investment.
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There is a huge potential in bitcoin technology. Invest wisely by setting aside some money for investment but never take unnecessary risk by putting all your hard earned savings. Only invest in amount that you can afford to lose.
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What good does it do when operations can always be moved offshore. Even if that is not possible there are probably other mining pools that would continue as usual. Doubt that would make any difference overall
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If it stays stable at a certain price range, then it should be a good thing. Business owners will have more confidence and this will certainly encourage use and adoption. forget about the speculator and day trader who hoped to see insanely increase in price jump. These are the people who caused all the uncertainty and creates doubt about bitcoin future
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Don't quite really get the gist of statement. Is it that you meant to imply the word prevail? I would say blockchain is core to everything. The public ledger is what makes bitcoin unique. However blockchain technology can be utilized by any other crytocurrency or in other words even if bitcoin fails other altcoins utilizing the blockchain will continue on.
I would say here that blockchain is necessary for bitcoin to exist but not the other way round
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Some lucky guy. Chances for someone to mistype the wrong address would be very low... but hey it does happen.
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I think the main thing here is based on the fact that bitcoin is the first cryptocurrency. We all know that Most of the altcoins are just copy of the original bitcoin codes and they offer nothing significant which is why they fail. Only bitcoin is here to stay
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It is a very important indicator that shows bitcoin is on the right path and expanding. It also means any average joe can have the ease and comfort of transferring money without the rules and regulations of the banking. I believe it is a positive move moreover when we are going to have the scenario that one day only the transaction fees alone are going to support and determine bitcoins continuity. Indeed Nice share
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Just use circle and link your bank account to make payment. Can't see why insisting on using coinbase which is obviously not the only option available.
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No. Typical pump and dump will usually be over in less than a year. Bitcoin has survived the test of time and we have seen the price rebounced couple of times. The buying interest is still there
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Theoretically things can be made as difficult as hell but there is no such thing as total blackout. A person can even create an online account if they want to but there are so many ways a person can bypass the control and restrictions. Put it another way, it's not possible
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We know there is a problem and there is nothing we can do to fix it. From here either abandon ship and move to altcoins that address this issue or live on with it. Sadly that is the *fact*
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How do you view this seed and code once Electrum wallet is open ?
Under the program window, look for an icon that shows a picture of a germinating seed. It will prompt you for a password though before you can view the seed
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There are still a lot of weaknesses that need to be addressed. I'm not saying that it's not a smart invention... it is, but we need to sort out the tiny little things before declaring it as revolutionary
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I do not understand would doing this prevented Mt Gox in the first place assuming that the collapse did not take place earlier. I mean the size of it is considered big right?
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It depends on when you enter the game. For those who bought in early, it is only sensible to hold on to it longer. There is still a lot of uncertainty but the future sure looks bright
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I guess the only way here is to look at the blockchain. Can't think of other way. Perhaps ask the customer to bear a higher tx fee so that it gets picked up faster and then refund the customer for paying the extra fee. But that would certainly end up a hassle. Plus it doesn't sound practical.
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Most bitcoiners like myself are so used to the word anonymity and so facebook kind of doesn't fit into that
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Seriously I'm just wondering is it due to the codes or how it is supposed to work that way or is there the common factors like miners issue. It can take 5 minutes to receive first confirmation but sometimes it drags until half an hour. Just what are the variables that cause this inconsistency
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