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it's simple don't buy coffee with bitcoin until they fix the scalability issue, bitcoin is not currently suited for microtransaction, even with the fee of 10k satoshi it was still bad to send 100k satoshi to pay 1/10 in fee
so it's not even a problem related to the 1mb block restriction, bitcoin was always bad at microtransaction, and this will be more true the more the value go up
in theory the average fee in satoshi should be lower the more the value increase not that it remain the same, otherwise when bitcoin will reach 100k one day, you will have to pay $100 to send $1000 which is beyond retarded
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Most of the members consider bitcoin as major currency of future. Let us assume that it will be accomplished one day, but before that, I wonder which spheres of our everyday life will adapt bitcoin first?
Not really, I don't think most people see it as a currency to replace fiat, not with a ten minute confirmation time. Bitcoin won't replace fiat. The reason why is because Bitcoin needs the cashflow in order to be worth something. Nobody want's Bitcoin if it is worth nothing, BTC isn't even backed by anything...just data and that data could get wiped within nano-seconds if there was an attack. Unlike Gold that is backed by Gold and the limited quantity, people will find it too late to purchase when there isn't any in demand. Bitcoin is worth nothing, the price per Bitcoin is just a mirage. Warren Buffet is right in a sense. Well you are wrong on many points, just like FIAT it is not backed by anything but it is a limited quantity just like but the demand vs limited supply is what gives the price. The security of the network and just like our stocks and 90% of cash (it is all logged digitally) its just data, but each bitcoin wallet has the ledger information, as a backup. well fiat is backed by the printing machine and its inflationary system, if they need more fiat they just print more and create more debts out of thin air, there is no limit to this and it's not supply and demand that give value to fait, fiat has an inititial value set by the governments, this is what make it very centralized it's 100% controlled |
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not for me i treat bitcoin both as a store of value for the future and as a currency, i made plenty of purchase on purse.io with bitcoin directly and great discount
i'm still trying to make some purchase there but the discount trick and no ship cost is not working anymore it seems, people learned
i wish i could buy everythign with bitcoin and get rid of my card, but until big merchnats will enter in play it will not be feasible, still waiting for amazon...
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Isn't this coin meant to be fucking fast? Why on earth does it take like days to confirm?  30minutes block-time ... care to explain what that means? noob pokemon here... 30 min for one confirmation |
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I've heard that there are countries in Africa where Bitcoin use is growing a lot in relation to other places in the world, so if I lived on such a continent, maybe I decided to migrate to one of the countries where Bitcoin's demand and usage is greater, and then try to open a Bitcoin business. But if you do not want to move, there is the possibility of opening a website providing some service related to Bitcoin, like a gambling or trading service, for example.
If you are planning to make money online through bitcoin why would you plan to migrate to countries where the demand is higher.It is always a good thing to live in a third world country to enjoy the perks of the dollar conversion rate and that too by living in a third world country you can really enjoy the perks of bitcoin. in some third world country the energy(electricity) is very cheap they could buy some miners equpment or use their gaming rig, everyone has a pc nowadays don't tell me the opposite and start to do some mining, a rig would earn you with very cheap electricity(below 5 cent) at least a net of $200 per month, then it will be possible to expand your farm slowly |
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they ar enot providing any time frame for that prediction, with these premises every prediction could be true, 25k might sound reasonable from 2020 to 2030
we have already seen more than 10x increase in the past therefore is not so out of reality to think that another one can happen in one sit
and i don't believe we necessarely need adoption increase to reach that value as unstable one, another big manipulation like willy bot can cut it
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Why would I want to download the whole blockchain? It takes a lot of resources and its useless for an ordinary user like me. If there was a reward or if someone paid me to run a node all year then I will do it. The blockchain has become quite huge its beginning to be a problem.
not to mention that downloading it or synching it make no difference, it would require the same amount of time, therefore it's pointless everyone should just save a copy and update it every so weeks if he need to switch the wallet(cold storage that are offline for a very long tiem, not a new wallet, which can be reused before the seize of the pruning you choosed "expire") he can do it easily |
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Do you realise that segwit has until Nov to activate ? i think you are a little premature. 
And I think many of you can't do math.8 MB Blocks 7.5% => 100%- 7.5% = 92.5% SEGWIT FAILor Bitcoin Unlimited 18.3% => 100%-18.3% = 81.7% SEGWIT FAILCombined 25.8% => 100%-25.8% = 74.2% SEGWIT FAILSegwit has failed, Game Over it will never reach 95%.  still segwit is holding the biggest %, the other options will not see the light ever, the only thing that miners might want to do if they abandon segwit is 2MB hardofrk i can't see anythign else, unless a new way to fix the scalability appear i still think that the current 1MB can keep it up until $10k per coin, without having much trouble with slow transaction besides spam to try to force it... |
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Artificial intelligence cant go behind human power and if so happend then world will no longer be mastered by human AI will run the world.
So a mad made calculator count predict the ridgt . it changes every now and then.
it is possible actually it's called singularity the calculator is meaningless. its not based on any statistics or anything. its just
=((x-y)*0.618)+y
the 0.618 is just the 'golden ratio' or fibbonacci curve. but that has no relation to how economics works
it's based on TA which is a broken thing and they can't still understand it apparently, the price some times may look predictale but if it isn't always predictable i call it luck the only good way to predict a change in value is by looking at how many time the price went on the same spot, the more times it reach the same value the more solid will be |
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Governments wants to take full control over people's financial transactions and they will even replace it with their own version of Bitcoin in the future. { One example is e-Krone in Denmark } So if these governments starts to use Bitcoin, they will try to take over the development and then manipulate the currency to favour them and to infringe on people's private financial matters. We will lose all Pseudo-anonymity, because they will regulate it to death.  how is regulation a bad thign exactly? if the government will regulate it the value will skyrocket in no time this is guaranteed, and as a main currency ti will acquire a huge marketcap bitcoin can't simply be a main currency of one country because it can still be used everywhere by anyone that's the beauty, therefore the america will only have strict rules in their territory |
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is it better to buy 1 GTX 1080 than 2 GTX 1060?
1x1060 3gb can do 300 sol apparently, so no better 2x1060 |
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 The young man, you still have a lot to learn in this life. 300 sol with the 3gb version is impressive indeed, what about consumption? |
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so what's up with the failed to update height with the miner?
These are my two problems as well. Two cards each with its own problems   i think the new miners was not updated to work with the last wallet they changed something in the code maybe |
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so what's up with the failed to update height with the miner?
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I already pay tax on the coins I convert to fiat via my exchange, because it is linked to my bank account. So they issue a tax certificate and they are linked to the IRS. You pay capital gains and also VAT on all your purchases, so I cannot see what else you have to pay on top of that?
The regulated exchanges have to adhere to KYC and AML regulations, so everything is accessible to the IRS.
OP is not talking about paying simple tax, he is talking about paying tax with bitcoin, unless you use external third party service you can't currently do it directly in any country i theory if they are really serious about regulating bitcoin, they should allow us to pay tax with bitcoin itself, especially if they are going to tax bitcoin... |
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chinese big farm use electricity that derivate from green source like hydro power plan, therefore they don't need themselves to run with green energy and it doesn't make sense anyway
global warning has more to do with industrial activity and nothing with bitcoin, where the heat generated is a joke in comparison, and it can genuinely re-used if they really wish to
and this for bitcoin, altcoin in general have even lower power consumption, i estimated a maximum of 500k gpu curently mining, with 100watt each you have from 50MW to 100MW in play...
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what about adding what you want to sell to the store page of openbazar, i see not many people are using it still very empy
it would be far easier for you than making a whole website for this, or you can try to make something like all4btc if you really want to make your project and not rely on another one
for me the best would be a "purse.io" market that let me buy on anywebsite not just amazon
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If you want to get scammed very fast go for ICO and alternative cryptocurrencies education hassle, if you want to play smart and grab an extraordinary opportunity then just sell everything you've got in your life and buy bitcoins with all of it.
6 months from now you will say thanks to me.
it's easily possible to do good with ico actually, when you buy at the entry price, it's very hard to be dumped right away when it hit the exchange after the coin hit the exchange there is in most case a small pump of 2x, just dump your coin there and take your profit alternative crypto is currently the only way to acquire(without buying) a big amount of bitcoins with low risk, hyip and cloud mining are instead a giant scam |
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its much more worth to make money with $$ or euros .. since my currency is so low .. average monthly salary here is less than 500$
how do i move it ?
500 is enough for one person to live a decent life if your expenditure are not killig that income, if you are in desperate need of money and you can't find a job, there are signature campaign a good signature campaign is currently paying around $100+ per month, it can help you a little, but a higher rank is required, and something is telling me that you have a high ranked account joined somewhere... |
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I do not understand why you ask questions like that, you should be researched more about Bitcoin. Currently, the world does not have any online banking, you can not save in banks Bitcoin. There are plenty of places for you to send money to and receive profits, however, all of them are HYIP and PONZI,they are created to scam. I advise you not to participate in it, because you could lose all the money you invested in it. Don't participate!
there is a way to do it and make it look like you are savign and earning interest, and it work good for short term it is called loan with bitcoin you can earn very good interest on any deposit by lending your coins, i see it as a form of saving, just be sure that he/she have collateral.... |
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