Any contentious hard fork of the Bitcoin blockchain shall be considered an alternative cryptocurrency (altcoin), regardless of the relative hashing power on the forked chain.
They are prepared to throw away the huge powerhouse that secures Bitcoin and think they can sell their customers something as Bitcoin which is NOT secured by the worlds strongest computer network. They know what they want. To my point of view with this statement economic nodes made clear that there are not only miners, pool operators and developers in bitcoin ecosystem but end users too which nobody asked them if they are willing to accept a hardfork. Additionally it mentions that they will not accept the gradual growing centralization of bitcoin 'in the hands of Bitcoin miners and pool operators'. Personally speaking this is the real cause of this statement and rest of it are the measures in case of blockchain's split. |
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I like:
From microUSB port to a USB Type-C.
Quick charge
IP68 water and dust resistance
I do not like:
Samsung, removed the main home button below the display, first time in a model of Galaxy S series
Fingerprint going back.
Autonomy of the battery (greater inches, smaller space 3000mAh and 3500mAh for S8 and S8+). Why?
The prices for European market for S8 Galaxy and Galaxy S8 + at € 829 and € 929 respectively.
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Obviously because there is a big cost(maintenance, wages of employees) which cannot be undertaken from many governments as a social provision. However in some countries like as in my country for some social groups such as pupils, students, unemployed, large families, the elderly, etc. the law gives them the right to pay a reduced ticket which 50% of the regular one.
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--snip--
Yes that is true, but because of its volatility that we can earn good profit in trading, mean while if there is no fluctuation in bitcoin price and stable like gold, i think bitcoin will become long term investment now and sure more people will change their investment to bitcoin and it will boost ita popularity
I have a different view about it. For some people bitcoin is already a long term investment. Maybe a very known typical example of an early adopter and bitcoin investor is Roger Ver. Moreover, if someone has an investment to gold I cannot find any good excuse to convert his investment to bitcoin. He can keep both of them at the same time because a basic rule any investor knows is 'not all eggs in the same basket'. |
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Bitcoin will die only if the price of bitcoin falls to zero level but I don't think that is ever going to happen as price will keep on going higher and higher in future as and we will see more people start adopting bitcoins in near future;
Of course if the price crashes any coin will die. But this is the result. What is the cause where the bitcoin price will be zero? To my point of view this will happen, if people loose their faith about bitcoin; If people go to the next big thing; That means bitcoin has value because people want it. Therefore, if they stop to believe after a while bitcoin will die. |
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You guys keep in mind that BTC atms are there for marketing purposes. Probably the cost of maintaining them highly outweights the benefit derived from the actual usage. But they do good for publicity, so most likely the whales are the ones "sponsoring" them because they have the most to gain from it, and the cash to fund it.
Even though I don't exactly know how much would cost someone to buy this kind of machine because I found only this site I am pretty sure that the maintenance cost is not high. I recently used one of this and I asked the owner of the store, where the machine was located in, but he answered that he had it more than one year and there is no need for maintenance till now. But if someone wants to use it fees are high (8% + kraken price) so I believe that the owner will not feel dissatisfied. |
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Do they really need these many ultra-expensive vehicles to catch the law breakers? For me, it sounds more like a desperate attempt to show off their wealth (at times when the local economy is suffering due to the crash in the crude oil prices). They should not waste their money like this. The future generations will curse them for this much extravagance.
I could answer with a question too. Therefore, also do they need to be the home of the largest shopping mall in the world? Of course they don't need these ultra expensive cars and the biggest and more luxurious mall in the world but when all the other things are so expensive and had made for very rich people the local government have to spend money for police cars and any other public infrastructure or services too. |
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Ah, obviously not a surprise here. If the Winklevii get denied there's no reason for SolidX to get approved...it was all based on bias toward the bitcoin market, rather than actual concern for the investment product or firm. News came out about an hour ago: http://www.coindesk.com/sec-denies-solidx-bitcoin-etf-proposal/I believe the SEC's response/explanation was a bit more specific this time around. They explicitly say "the market must be regulated." That's more bold than the first ETF denial, yeah? And pretty much guarantees that Wall Street investors will never have an alley way to Bitcoin from Wall Street. Other thoughts? I would really surprised if SEC had end up in different decision than about one month ago in Winklevoss ETF. Market knows that SEC wants regulation, but nobody clearly knows what kind and how heavy, so for some time nobody, imo, will bother to involve with this kind of share. Currently, the big issue is only the possible hardfork of bitcoin. |
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In the future，BITCCOIN Will also continue in the position of the virtual currency system Ranked first?
Of course for one simple reason. Bitcoin has network effect. That means many people know and want only bitcoin and nothing else. And BTC is now facing a simple Blockchain congestion problem
How do you reach in this conclusion; Namely that it is simple to solve the scalabiity debate? Have you any technical knowledge in this issue or have you involve in any kind of software development? In the future, all kinds of virtual currencies rise, BTC will in no. 1?
For many altcoins bitcoin is the only way to transact with fiat money. If bitcoin crashes then many cryptos will die too. If you believe that there are alts which will rise and will take the bitcoin's position I would be glad to read your opinion. |
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I am not very familiar with this issue, because I don't know very well the technical details but I voted negatively. There are some reasons about this decision where the most important, imho, are:
Exchanges have already declared that will accept BU as altcoin.
Many people they will loose their faith in bitcoin; something that took years from bitcoin entrepreneurs to be built.
I don't have the same trust to BU developers as to Core ones. Recent bugs which were discussed in some threads of this forum are proofs of that.
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Maybe an alt with some interesting features is Stratis (based in bitcoin network, client node written in C#). Moreover there is an electrum - stratis wallet and as hardware wallet a limited edition of stratis genesis ledger nano S. Maybe is more a platform than currency but has some interesting people behind it like as the btc core dev Dorier. So maybe it's worth a second look. |
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It is really surprising how these cowards because they are really fearful mice, who they want to be called humans, under the influence of rage and excessive irrational fanaticism use their perverted minds in order to cause fear and pain to millions of people all over the world. Probably should countries to strongly react because I think there is no other way.
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Being a very active gambler i was usually pretty satisfied with btc. The stakes are higher then other sportsbook sites and i like the fact that i don't need any personal information. Well this all changed during recent events with the so called mempool. Just to make this clear, i have no idea how this all works and i don't care either,i just want it to work.
The problem with this is i play on various sites and most of the time i make last minute bets on games in different sports and the transactions have to be almost instant and be confirmed before the bets are being payed out to me again.
Most sites credit the btc after just 1 confirmation which by the looks of it is going to take hours again with almost 45.000 waiting transactions in the mempool. It happened before and it's happening again and it's time for me to say goodbye to bitcoin.
Any other people feeling the same like me who are tired of these slow confirmation like today?
For many people paying high transaction fees is a deterred factor when using bitcoin but I can't believe that it is applies for gamblers and traders because there is no reason to care so much for some more satoshis. So, anybody wants to be served more fast than the others must be willing to pay more. That is fair, right? |
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If I were a miner (too expensive for my taste) then I would configure my mining software to mine only 0-fee transactions unless it didn't fill a block in which case then I would include the lowest fee transactions until it filled a block up to the limit allowed. I am not most people.
If the developers would develop a less expensive way to be a miner then I would appreciate it. Perhaps they could let miners like me win ever so often (every tenth block?) if we produce a block full of 0-fee transactions?
i REALLY dont think people understand how mining works.. for one, its NOT THE MINERS that set the fee.. or choose to mine a certain fee, or really do anything.. everyone in this thread is saying MINERS this and MINERS that.. but, they should be saying MINING POOLS.. its the POOLS that set everything up.. and YES YOU CAN START YOUR OWN MINING POOL.. if you get enough miners on it, you can set it do mine zero fee tx's If I am not mistaken miners they choose to join in a mining pool in order to mine more effectively. Therefore it's a matter of choice which is the pool they go with. Moreover, mining is an investment and as investment has not only profit but risk too. Yesterday, I was written an article where the author is a miner and had invested about $30K and was claiming that had to protect his investment. So I would like to ask; What is the difference between miner's investment and bitcoin's holder investment who bought 30 coins with $1000 per coin? Miners are securing bitcoin but bitcoin has value because people want it. |
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Unfortunately due to the struggling network right now your transactions are going to keep taking a long time and having high fees.
While the transaction accelerator works, you shouldn't rely on it all the time. That would be disrespectful to people who have more serious problems and need to get transactions through, because all they do is get your transaction into the next block that their pool mines and they can never increase the number of transactions that actually get into the block - so the transaction accelerator is essentially out of their own generosity.
No; the network right now is no more than 7000 unconfirmed transactions here and working in very satisfying way. So if anyone wants to do any transaction is very good option to do it now. On the other side if there is no hurry there is no need someone to pay the proposed 200sat/byte but he can spent his coins in a reasonable time paying less than the one third (60sat/byte). Therefore nowadays the fees are not high. |
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i say there is only one key strategy to becoming a millionaire with bitcoin and that is a very simple one:
step one: buy bitcoin as much as you can.
step two: move these coins to a secure cold storage and make enough proper backups.
step three: close bitcointalk, reddit and any other bitcoin related place where random people can register and anonymously spread bullshit.
step four: your mind is now at peace.
step five: in at least a year check price and thank me.
Interesting strategy; but buying today about $1000 per coin and after one year if there is a hard fork and a split of the block chain and bitcoin has lost its value or maybe someone is in the wrong side of the chain what will be happen? All about bitcoin's future and price are only rumors and speculation. Everyone has to do his/her own research and decide himself without to be affected by anyone. |
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No , it is not a money because bitcoin itself never said that it is money .But the earning ways of bitcoin network by the bitcoiners gives the name to the Bitcoin virtual currency .
So the name of the bitcoin as money if gave by the bitcoiners .
Since here no doubt that bitcoin is a money .
Because we can do everything that we can do with our bank money through the online internet banking .
So here it is more better to say bitcoin as a online internet money that is more safe and trusted In comparison of the Fiat .
I don’t know in what world you live in, but you have to read the white paper of Satoshi Nakamoto. Moreover, do you really read for a second time all of these which you are posting? First line that bitcoin is not money and the third one that bitcoin is money. So you have to decide what are your beliefs about bitcoin because I am sure that your manager pays you with bitcoin. |
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What is real money mean ? for me if i can buy someting and if i can investment and if i can exchange it or if i can barrow if i spent it and it is mean this is real money mean and i can do what i said with bitcoin so i can say bitcoin is real money but there is a one problem with bitcoin , Bitcoin is not legal money and many countries dont except it like real money.
I agree with you . today bitcoin can be used like other real money. but we still have to fight the law governing bitcoin. basically we all expect bitcoin can be clearly recognized by the world. Bitcoin can be used same us our traditional currency. The volatility is the major factor on which merchants show hesitation to accept bitcoin. Because of this the usage as currency is found low. Even now the volatility is experienced much causing a big variation of price around $100 and more. Volatility of prices is the main reason why merchants dont really like to accept bitcoin on their businesses because of this problem and we all know they wont allow they would get negative profits when price of bitcoin fluctuates but speaking on other thing bitcoin is indeed considered as money at all. Who told that merchants don't want bitcoin as payment. Can you post some links where you can support your personal idea? You post about volatility. That's sure but merchants not only loose but they have the chance to make a profit if the price increases. Right? Moreover if the merchant is not willing to have bitcoin there are many services like as bitpay where he can accept bitcoin payments and in a short period of time to have bank deposits in his local currency. Therefore there are no excuses that merchants they don't want bitcoin as payment. |
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many of my friends did not work but a lot of money away was great when compared, to me that is still working in the factory, I was confused from where producer obtained from bitcoin?
There are many online jobs that offers bitcoin as its form of payment to your job. A good example would be signature campaign, before the income here was not that good but after many price hike on the value of bitcoin the daily income on my signature campaigns also grew. Today my earnings from signature campaign would reach 9,000 pesos monthly and that is very helpful to me and my family. I understand that for people living in countries with financial problems and inflationary fiat money the participation in signature campaigns is significant for their everyday needs. On the other side is misleading and not helpful to post for other members that this is an online job. I participate too; but strictly speaking is about two cups of coffee every week. Moreover, unfortunately, there are not so many online jobs offering bitcoin as payment. |
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I don't think it's going to be possible in the least for someone living their everyday life to use bitcoin at all the stores and such that they use. That's besides the fact of the issues that the bitcoin network faces due to the intense amount of people that are using it now, which doesn't even stack up to the amount of people that are in the world today.
Imagine trying to sell the idea of someone using some digital currency to buy a Coffee which is $5.00 and they're going to have to pay 10 percent (.50 cents) To the network in order to get the transcation to go through in a timely fashion (still not instant)
This person is simply going to ask why can't they use their credit card, debit card, cash, or anything along the lines of that which is going to be an instant done and finished right there.
Point accepted. The average Joe and Jane prefer to use cash or debit/credit cards to do their shopping. Even many crypto traders and investors prefer to hold on to their bitcoin as use it as an investment and not as a currency. But there are few people who promote bitcoin as a currency to outsiders. I do feel that in the next 10 years or so, we can see a change in this trend and more new people will join the bitcoin network and do more transactions with it. I fully agree with your opinion. And I think that the idea of replacing real money with bitcoin is no more than a fairy tale. Simple citizens will not strain their brains to use bitcoin. They have enough problems. I'm not talking about the poor layers of the population. Oh!! What an interesting view about 'real' assuming fiat money right? and bitcoin. That means, a government and a bank told people that real money is what they want to be. And people believed them. Would you like to ask Nigerians what real money is? May be the Venezuelans? South Sudan or Belarus citizens what are their beliefs about the real, as you call these printed piece of paper, money? So because people have their everyday problems as you posted is better to let them dream and stick with fiat. It's really funny. |
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