o snap! well i tell ya people should know about coinbase by now, they are really no different than a bank They were asked if they would cooperate with governments and replied "if asked to we will fully comply" I think that tells enough, low and behold coinbase's dashboard is down this morning, hmmm, coincidence? or wiping old databases to protect customers?  One more reason to avoid exchanges like the plague, at the end of the day they are going to take care about themselves and only themselves, bitcoin is peer to peer so if you want to do an exchange for fiat or a crypto then I think we should find other people to make the exchange and not use these mega exchanges that are nothing but disguised banks. |
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Maybe they should instead use the cars to mine Bitcoin or altcoins when they drive around using a lot of energy, did you know that %80
Of the energy used to move a car is practically wasted and turned into CO2? even the electric cars most of their electricity is wasted on
Moving all the mechanical parts.
Anyways, blockchain without the decentralization and hashing concept is just a simple database.
To me this does not make sense, of course there is wasted energy, it is almost impossible to create a machine that uses 100% of the energy that is put in it, even the human body wastes a significant amount of the energy that you consume as food, that is just physics, the laws of thermodynamics are almost absolute in this universe. |
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Things are already approaching the level of insanity for Bitcoin scaling problem. It is about time that Bitcoin stakeholders show the whole world that they are up for the challenge. Bitcoin is supposed to be faster than lightning and cost-efficient but what is happening right now is damned the opposite.
With the average time between blocks of 10 minutes bitcoin was never supposed to be lightning fast, any credit card or cash is faster than bitcoin when making transactions face to face, bitcoin really shines when it comes to sending money over long distances at a low cost but the mining fees keep getting higher because there are too many transactions going on. |
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Bitcoins protocol fundamentals are still broken. Bitcoin does not scale, offers no privacy and no fungibility.
The community largely still only cares about making profit in fiat, not about establishing and evolving a revolutionary alternative monetary system.
Bitcoin has some problems but the problems can be solved, it is not like there are not solutions being proposed to the miners or the community what it happens is that we are in the middle of a very difficult fight, and no solution is being accepted as of yet. |
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Dogecoin can still be used as a store of value. So, it still has some use. Is it true that only the main developer can code for the coin and improve it? I'm sure at some point in the future, applications will be built on top of it. I would be skeptical to believe that it would just die out as it is still an achievement in technology and adoption, albeit Bitcoin and Litecoin came first. Despite all the negative talk, the truth is that Dogecoin still has a relatively strong community (#5 Community Score) https://www.coingecko.com/en?sort_by=community_scoreIt is a meme coin that inspires fun and gives hope - and is a store of value. Not every crypto needs to have a serious worldwide utility like XRP or ETH. I disagree a little bit about this, I think bitcoin is the only coin that can serve as a store of value, all the other coins while they can be very strong are not like bitcoin yet, besides doge has no limit in the amount of coins and that really affects its market value. |
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Bitcoin will always be number 1, because it is already tested and reliable since it started. It has a large following already and a very active community. As of now it has market capital of $28,722,079,392 while XRP which comes second is only $9,305,262,879.
xrp too is doing great this time. but i didnt know it seconded bitcoin, wow! moreover, i agree with you. bitcoin has already been tested by time and so many challenges it it has surpass that all. it just stood still and tall. We must not chant victory, bitcoin is still relativity new so there is no way to predict all the things that bitcoin could face in the future, from political opposition to technical challenges and even bans and stuff like that. |
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13 December 2011: $2.11 per coin
If you really bought at this price then I hope you bought lots of bitcoins you could have earned 100 times that value by this time, also it is very impressive you remember the exact day when you bought, I’m lucky to remember my birthday. |
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I just hope that for now bitcoin prices do not touch the $ 1100 price. Well, I guess that's really a less high price for now. Well, I'm just waiting for the bitcoin price to be bigger than the current price, because it definitely brings benefits to people who hold a lot of bitcoin.
Although my comment is not going to be very popular I really hope the price of bitcoin to get cheaper since the price is quite exorbitant at the moment maybe not as low as 1100 but if we could return to the 1300 to 1500 that way we can buy more bitcoin at good enough prices. |
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Investing bitcoin can be very risky. If you have it will be better to move into your personal wallet. As in few months bitcoin rate increases but it also gradually decreases within a month. But according to current scenario this is the perfect time to invest bitcoin in some business as price of bitcoin will increase in the coming years.
Bitcoin is a great investment but right now it is not the time to buy but the time to sell or hold, if you bought at the end of the previous year or a the beginning of this year you will have tremendous profits already buying now does not guarantee you are going to get profits at all. Price of bitcoins is very high at a moment so it can be risky if you invest money in it now as there is no assurance that it will give you good profits in coming days as there is possibility that price can even go lower so if you want to buy bitcoins then better to wait for price to go down. I agree, currently its not wise to buy btc better to wait for the price to go down. if i had a good profit from btc i would like to use it to expand my business which is a gadget store, im planning to have an extension shop in a popular mall here but i think it takes a month or years to fulfill it so for now what i can do is to start planning ahead. The bitcoin price will go down a little then it will rise more.so it doesnt matter if you buy it now or later.it might even touch 2000$ in end of this year. It does matter especially if you are not an experienced trader because if the price gets lower very fast you may be tempted to sell and take the losses, it is better to wait for the price reduction and then buy that way you earn even more money by just being patient. |
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Buying low when the price is dipping and selling high when the price is rising. People mistake holding longterm and holding shorterm.
In almost every case in the past few years, you could have made more money from buying low selling high. I look at prices multiple times a day and have stuff setup to do this very thing. Making a 3% or 4% profit trade a few times a day is pretty easy, just takes patience.
This is what some people don’t understand, while day trading can be profitable, it is way more easy to just wait for the price tendencies to become very clear that way you can earn a lot of money without doing too much of an effort. |
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Bitcoin is broken, don't know why people still use it when there is a plenty of better alternative  You don’t know? Where have you been? Bitcoin has raised in price with such a speed that it has been difficult to even get our prediction about the price of bitcoin, the confirmation time is going to be resolved eventually, and then bitcoin will be unstoppable. |
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Bad time to boycott BitPay and other payment gateways...  But I do understand the frustration. But we also have to give them a bit of credit for helping to catapult a whole lot of new merchants accepting payments in Bitcoin. Uhh...no. Fuck them. We can use Coinbase, who, as far as I know have most recently endorsed Segwit and Cores roadmap, unlike promoting shill hit pieces to protect chinese miners and damage bitcoin. Fuck bitpay all the way. Bitcoin does not need toxic shit companies. You can boycott them if you like but there is not much we can do, your decision to stop using them and even to create this thread is understandable, but in the great scheme of things we are almost completely irrelevant to them. |
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I say by the end of December for sure, but feeling the summer is a possibility as well. Your thoughts ?
Bitcoin price is already reach that amount and yet, it is already exceeded. Bitcoin's price is still rising so it is not far from it to reach 2000 usd per bitcoin within this year. This week it already reach that amount ,it can make it bigger as the days approaching to reach greater than 2000 ,it really amazed me since I started less than half the amount of it now. Actually there is no need to saying same It already reached the value in btc chart. Op has to lock or just ignore simply without digging unnecessary topic. this price bump will take bitcoin to 2000$ with in this year. At this speed, the price of bitcoin will likely reach 2000 USD this month. The support seems to be there and more and more people want to get in as they don't want to miss the boat. Unless some major stuff happens, I only really see this going up for now. To date, really very strong forecasts for the future of Bitcoin and its price. Of course $ 2,000 for 1 was forecasted as early as the beginning of the year and most likely these predictions will come true in the middle of summer. I don’t know if the forecast of bitcoin to reach 2000 dollars will become a reality in the middle of the summer I think it is more likely that happens at the end of the year when bitcoin has a very strong tendency to go up for some reason. |
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Dogecoin has been my favorite alt coin for quite a long time. It serves as a good cryptocurrency for tipping others, as well as being a fun and inexpensive medium of exchange. However, I'm worried what might happen to Dogecoin in the future, since it has been quite some time that no new version of the QT wallet has been mentioned, neither some innovation to keep it going for the long term. It would become ideal for Dogecoin to add SegWit to its code, and gain traction if it gains acceptance from the miners. Then, if it manages to become the first cryptocurrency to accept the scalable solution, it could rise in popularity once more (not to mention that transaction will be near instantaneous). Nevertheless, Dogecoin is a great cryptocurrency being inexpensive and relatively stable, making it a great way to tip others or send micropayments faster than BTC at a fraction of the cost. Looking forward to your opinion.  Dogecoin has always been a meme coin, I really don’t think there is much of a future in the coin, it is great for tips that is true but that is pretty much everything the coin has going for it at this point, so if it were up to me I would just move on. |
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i think name is not a big reason. it is all about the value of bitcoin that how high its price. if there is another coin whose price will high than people follow that coin .
Yes it is not about the name of the coin that attracts people to invest because it is all about the features and the price and if the have that high price then it will attract a lot of attention from other people in the crypto world plus if its have a great features then people will surely follow that coin and buy some of that coin for investment. Bitcoin made it to the top because of its potential and growing users, and as a trusted crypto currency because it is the first of its generation. years has passed but it still there and become more popular than before. When bitcoin was created there was not even a top, a place to climb, bitcoin in itself is the mountain, bitcoin is the crypto currency every other crypto is comparing in order to know where they stand so to try to get over bitcoin is going to prove even more difficult than many think. |
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I remember i started learning about bitcoin was a year ago, and i was also about to create my account here, and the price of bitcoin that time was only $500-$600, i guess? And it was a big regret that i dont invest money to buy bitcoin that time. If I only invested my money to buy bitcoin that time, i think my money got doubled or tripled by this time. But now i dont think about the past, im just saving my bitcoin for now, and wait for its value to increase more and more, then withdraw if needed.
The most important thing is to start, tens of millions of people are going to regret not buying at this price, so try to get your hands with as much bitcoin as you can before the price really goes to the moon an we are unable to afford big quantities of it. |
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this thread was posted on march 21 which is almost 2 months ago, OP and maybe the other people were very excited because the price of bitcoin was almost $1,100 . it's really great to see the movement of bitcoin because it is frequently getting increased today and for sure people at this time are getting excited because the current price is closer to $2,000 probably in the near future we will be excited when it is already closer to $3,000 .
The price is really mooning. Who would have imagine back in March after the ETF was rejected in went to $950 and then now it going to $2000. Bitcoin indeed is very resilient, has the ability to recover itself the very worst situation it can handle and can even soar more. Just give it a few more months then we are going to target $3000 then. I nust hope it continue to $3000 and then dump back to $1500. We must give some investors some chance so they can invest in bitcoin, and afterit will pump again aiming for another record breaking price. But Idon't think that it can reach $2000, and I also hope I am wrong. There is always going to be a chance, we just need to be patient which can be one of the most difficult things when trading, just look at other coins for the moment and try to make money with them until bitcoin gets cheaper and you can feel comfortable buying bitcoin once again. |
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Btc-e is fast and decent lots of pumps and dumps. Make sure you buy when you think it is low and try to sell for 3 or 4 percent each time at least. You could double what you have in a week if you don it right.
This kind of thinking is something I think we should avoid since we must concentrate on making profits and not in a particular amount we would like to win, sometimes the markets are so bad that if you make any profit you can consider yourself lucky, so concentrate in doing good trades and the money will follow. |
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Investing bitcoin can be very risky. If you have it will be better to move into your personal wallet. As in few months bitcoin rate increases but it also gradually decreases within a month. But according to current scenario this is the perfect time to invest bitcoin in some business as price of bitcoin will increase in the coming years.
Bitcoin is a great investment but right now it is not the time to buy but the time to sell or hold, if you bought at the end of the previous year or a the beginning of this year you will have tremendous profits already buying now does not guarantee you are going to get profits at all. |
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Hello All,
What you think is the best investment to gain steady income in btc without actively doing anything?
So no trading/gambling/loaning etc.
Steady income more likely to be 'small & secure' than 'big & risky'.
Thanks,
BR Oinas
The best way for a steady income is to get a stable job, a business, and a investment this are three top things that you will get money or a btc plus it will possibly grow in a right management aslong as you know how to manage it and to handle it correctly. While a steady income sounds nice and all, I prefer to earn more money in a not so stable manner than being bossed around by someone that thinks know better than me or something, I don’t have a problem working for someone but if the guy is just someone that got lucky then that bothers me. |
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