Ok, I'll look in to it.
I am afraid that you are too late for that, it appears that this contest has already ended. When I try to access submission form all I get is: The form How to Submit Your Entry For The 1337 Symbol Design Contest is no longer accepting responses.
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I stopped betting on vDice since that time when ETH price crossed $100 yet the minimum bet amount on the site still remained unchanged. I and many other users asked about this change many times. How hard it is to change that one line in the code to either lower minimum bet requirement which currently is around $60 or to make it scale according to current ETH price.
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Yes it can have a really bright future as it is one of the oldest crypto but only have a good trading volume in terms of price it is mostly falling or is stuck between 90-120 sats for 2 months. It has a good growth potential just requires a little development. Even ltc got pumped and now only doge is left.
Doge has been created to be a joke coin and a live representation of a meme, no one expected that people will like the idea so much and this coin will be one of the most recognisable altcoin. I remember that in the early days of we have like BTC, LTC and DOGE, everything changed when ETH was released and Doge fall out of grace. I doubt that there is any future for this coins. Other than cheap transaction times there are no redeeming features I find useful in a coin without coin cap.
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If I buy just 5 bitcoin today 2500$, Next 5 years bitcoin will be 15000$
this is the way that I should invest or not?
No it shouldn't be the way to invest in bitcoin. yes bitcoin price may reach 10K, 15K or even more but you shouldn't only be thinking about how much "fiat" you gain from investing in bitcoin. that is never going to end well. instead learn more about what bitcoin is. bit coins is a currency not something you put your money in for a short time to get rich. try using bitcoin to buy some stuff, try to learn more and see what it really offers. i assure you that you won't regret it. and then the profit is just icing on the cake. Not everyone will share pro-bitcoin attitude, for some people it is still pretty stupid internet money which simply happens to be growing very fast. These newbies don't plan to use bitcoin as money, they buy it baited with bitcoin's store value properties. In short - not every bitcoin holder needs to be in love with the idea of creating an alternative economy based on cryptography.
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Early adopters who bought or mined their coins in the past and decided to hold them are rich already. Everyone else who is starting with bitcoin now will have to be rich already to be able to enter the scene. Newbies tend to choose other altcoins which are still cheap and hope that they will follow bitcoin's fate and eventually grow. It is hard to say how price of bitcoin will shape in the distant future in 10 or 20 years 1 bitcoin might be worth $100k or more
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Very possible but I doubt it will be this year or next. If it wasn't for Ethereum I'd believe Bitcoin would hit $10,000 next year. Ethereum will take alot of Bitcoin market share, who knows, another new revolutionary Altcoin may be out to do more damage.
Yes ETH is moving like crazy and nobody expected that it will go so high in recent times but expecting $10k from bitcoins is too high as I don't think we will see that price in next few months or years and we need good patience to hold our coins till it reaches to that value. Eth is much more unstable than bitcoin, and it is a much worse monetary system with worse initial distribution don't forget that Ethereum was an ICO too. What is happening now is fact that people are overestimating Ethereum's potential and features, smart contract and daps are great, but are not everything. Recently even Vitalik Buterin said that he is not certain that ETH will survive in the long run.
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If you want to have good altcoin then think of an altcoin with a purpose. Keep in mind - Bitcoin is the father of all crypto, but:
Ethereum is kinda unique because is that it is a platform for smart contracts and decentralized applications. Dogecoin and Litecoin are two different digital currencies that are mostly used for low-value, fast confirming transactions. Dash and Monero, Zcash - main selling point is better privacy than Bitcoin and confidential transaction.
The biggest threat to altocin success is lack of purpose and utility, everything else can be earned.
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Don't fell to it. There won't be any major fuck ups related to scaling upgrade. You will be stupid and paranoid if you decide to sell your coins. Instead just laugh at the nonbelievers and buy more coins, this is probably the last chance bitcoin will be available at price lower than $3000. Just remember don't keep your coins online, always make sure that you have access to your private keys.
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Op, why do you care about petty0.8% when you just by holding your coins you have earned something like 160% since last year? Holding is the safest option for everyone - considered volatile nature of bitcoin and instability of Bitcoin related services. Would you endanger your coins and deposit BTC to some online 'bank' and as result not only you lose access to your coins but risk that service will turn to be a scam.
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I am really curious about a technical side of this project, what about bitcoin fees? Burger King is not some luxury restaurant where meals cost hundreds of dollars. Currently, bitcoin transaction fee is probably equal to the cheapest burger you can get at Burger Kind. How exactly are they gonna solve this issue? Someone said that they will simply accept payments only from Xapo or Coinbase and steer in the way of off-chain transactions. Is this even doable?
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Shutting down the internet is no longer an option, the global network is too important for everyone both individual and institutional. Services, institutions, merchants, payment operators, police and everyone else are basically a slave to the internet. I can't even imagine how society would collapse if we had any kind of restrictions that affect access or limiting the internet.
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The bigger the bubble the longer it takes to collapse, US Dollar bubble is over 100 years old, there is no saying how many years it will take for the dollar to collapse. One is certain, it will happen in the future, this, or some kind of global war and inception of whole new currency which will emerge from the crisis. Anyway, let me assure you - the worse standard economy based on fiat is doing the happier bitcoin holders will be.
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http://www.newsbtc.com/2017/06/29/dimcoin-ico-announced-aims-disrupt-equity-market/ - If you are really convinced that DIMCoin will get you this: "Lifetime Recurring Income & Extra Privileges… The DIM Token holders having 50 or more DIM Tokens will get exclusive privileges in terms of DIM ecosystem development. They will also enjoy the voting rights as well as 30% share of the fee collected by the platform. This way, DIM Tokens are the opportunity to generate lifelong recurring income based on digital transactions." Then you may be disapointed after the initial coin release. It is too much to promise IMO.
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Current dip it the best buying opportunity in a long time. Don't waste this moment guys. I expect that as soon as scaling solution will be implemented and we will have SegWit up and running price will skyrocket again. This time we will most likely reach a new level of ATH $3000 is more than a real possibility. Pro tip: be cautious about your ETH stash.
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If possible, I would like to continue with vDice's campaign.
Starting post count: 3685
Thanks in advance.
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For Bitcoin to become a part of GDP in some countries it should be formaly recognized and regulated and official part of economic system. At the moment this is still not very likely so we can forget about Bitcoin beeing calculated for GDP. But still we can't deny that is has the influence direct or indirect, the only problem is that it stays somwhere in grey or even black area of the economy.
What about Japan? Bitcoin is legalised in Japan, services embraced it, which will make bitcoin effective part of Japanese GDP. I don't know how it is calculated exactly but I am sure that bitcoin transactions should be declared in Japan and therefore are part of their GDP.
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Inequality is the name of the game, the bane of human existence. Haven't you noticed that it was always like that? In the past, society was fragmented as well, we had peasants, slaves and working class and nobility, kings, emperors to rule. Today we have these 'rich fucks' who had taken the place of nobility. If social unrest will continue to rise then we will have a revolution in the future.
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Bitcoin is going be the top crypto, especially now when scaling solution is underway. You want to have as much BTC as possible. From the other hand, ETH with its rapid growth, ICO craze and countless projects is being hyped as well. It is as you said, you should keep both BTC and ETH, just don't sell anything. Just use your fiat to buy more BTC.
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Planning retirement only depending on bitcoin is meaningless, I think. You can't trust any of the assets existed in the world like that.
Relying on Bitcoin to pay for someone’s retirement is funny. Even if the price of Bitcoin gets up to a million dollars there is much more money that they could make as they are making money with Bitcoin. Living a life only depending on Bitcoin is a sad method to living. I totally disagree with you. Bitcoin might be your Individual Retirement Account - it is true the price of BTC is volatile, but there is high chance that bitcoin will reach even $100.000 in the next 10 years. Bitcoin goes beyond national regulations, I would be more scared to locate my wealth in one FIAT - which is destined to inflate. I understand that people are still highly sceptical about Bitcoin, that is why it is needed to do your own due diligence. BTC potential yields are promising enough to give it a chance.
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Can anybody explain what IOTA is all about? Is it really free?
In what sense free? The only thing that is free in IOTA is that there are no transaction fees. Other that that is is pretty much standard token. They use something called "The Tangle" it is a blockless distribution ledger which allows transfer value without any fees. More info: https://iota.org/IOTA_Whitepaper.pdf
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