Is bitcoin dead?
Are you alive? What have you been doing today? Considering BTC, there are more than 80,000 transactions each passing day. Not bad for something you see as dead dead.
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There won't be any real estate collapse in China. What's happening now is only a correction. I understand it's massive, but there was a huge imbalance between supply and demand, so we need the market to correct itself. And remember the Chinese economy is still growing much faster than any European country or the US.
You cannot compare China with Greece or Spain. China has plenty of cash, and doesn't need to borrow.
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What a poor and useless article!
It doesn't tell what are the other online wallets or mobile apps, and overall it doesn't explain how BTC fared so badly with only 3% of the respondents saying BTC was the safest form of digital payment.
And no link to the complete survey to find out more...
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I still have a savings account which brings me small interest. Not much, but I'm protected from the 30% drop in value BTC has experienced in January. Somehow, it's different money. I have money in that savings account and some other money for wild investments like BTC, but I do not move much money from one account to the other.
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Now I'm sure that mixers have a great future.
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Honestly my Dutch is only good for ordering beer.
Of course, you've got to set yourself priorities when you learn a new language. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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Is it possible to somehow set the fees in the original bitcoin-qt?
It was certainly possible, and I don't know if it has changed, but instead of thinking how to use the network for free, you'd better think about how to make it fast and sustainable. If I were a miner, there's no way I would let a transaction go through without a fee. Think about the miner's point of view: why should he accept transactions without a fee?
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Free VideoCalls would help that country's people?
You can make free video calls with Mozilla Firefox. Back to banking, mobile banking can change your life if you were unbanked, but mobile banking will also bring credit. Good for the banks, not always good for the people. BTC is cleaner.
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US Federal Reserve has been doing QE for years, and nobody sees any relation with BTC's value. I don't expect any change because of this.
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99% of the time that's what I hear from 'average' people:
"Why should I use Bitcoin when I have a credit card and Paypal? Bitcoin is a solution without a problem ... "
Thousands have experienced problems with Paypal and credit cards! There are problems.
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I see a serious risk that someone with money could try to "clogg" the blockchain. It would take a network of maybe 1,000 computers, bots, each making one smallish transaction every second. All transactions fees would be fully paid, but that would slow every other normal transaction.
Nodes have rules which prohibits them from relaying spam transaction. Your transaction would not get any confirmations and will not slow down other's transaction. That's good to know, though I wonder how does the software makes the distinction between spam and legit. I'll look into that.
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Fire all subscriber service employees (both prepaid and contract) of every mobile telephone service on the planet. They are not needed. We only need the towers - not the expensive accounting and marketing departments.
How do you pay a tower? A tower cannot accept payment as far as I know. And there are more than 250,000 towers in Europe, are you going to pay all of them individually to be safe to travel?
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Good news. For BTC' sake, all cloud mining services should fall.
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I see a serious risk that someone with money could try to "clogg" the blockchain. It would take a network of maybe 1,000 computers, bots, each making one smallish transaction every second. All transactions fees would be fully paid, but that would slow every other normal transaction.
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There were doomsayers 2,000 ago! It's one of the world's oldest profession. I guess some people just like doomsayers, but we shall not worry as there miracle makers too. Lead turned to gold! Full employment! Give me one penny, I'll give you 2 pennies back in 3 months!
BS, BS and more BS.
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Besides the financial risk, you may be warned about climate change. I've seen maps where most of Holland was flooded because of rising sea levels. That could happen sometimes around year 2200. Maybe as soon as 2150.
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I had been using online wallets and blockchain-free software for the past 18 months, but since this was a major release, I decided to give it a try. I was amazed to see the free space on my HD goes from 339 to 305 Go in about 10 and a half hours. I had never downloaded so much data in so little time!
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The, we shall remember that Zimbabwe in one the world's poorest country. A man making $100 in a month is rich out there.
Most transactions are very small, below $1.
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I have had unconfirmed transactions not going through, but that was in my early BTC days, when I was experiencing with dust from faucets.
It's only natural for a merchant to wait for a transaction to be confirmed. The same thing used to happen in shops when a customer was requesting to pay by check. The shop would have called the bank to confirm the check was good. The problem was solved with shops not accepting checks anymore.
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One nation's adopting BTC would kill it. It may be BTC's greatest strength that it's independent from all countries and governments.
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