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November 01, 2024, 02:43:04 AM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
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2481  Bitcoin / Bitcoin Discussion / Re: core or xt ? on: August 20, 2015, 09:35:52 PM
Let the dust settle, emotions calm and then we go from there. basically everybody wants an increase. The question is "how much increase to start with, when to start, and how much to increase yearly".
2482  Economy / Economics / Re: I need bitcoin to be $690 to break even.....will I make it? on: August 19, 2015, 04:31:38 PM
Since you were smart enough to not put in more than you can lose, you're already a winner. Just be patient. Not only will bitcoins become more valuable, but as more businesses accept them their functional value will grow as well. The game's not over until you cash out.
unless he needs the funds immediately, he should hold. No reason why to sell now,  eventually if you wait it will get above 690$.
2483  Economy / Service Discussion / Re: Most reliable mixer? on: August 19, 2015, 04:13:31 PM
bitmixer.io It is one of the biggest and highest volume mixers in existence. You can tell it's trustworthy because its been running for a long time now without scamming anyone.
2484  Bitcoin / Bitcoin Discussion / Re: Bitcoin is NOT a currency debate! on: August 19, 2015, 04:07:46 PM
bitcoin can be everything. gold 2.0 , a currency, investment, place where you store value. for each person bitcoin can be something different. no need to give it a certain name.
2485  Economy / Gambling / Re: ToTheMoon.me | Bitcoin Gambling with Social Component | Faucet | Cashback on: August 19, 2015, 04:04:48 PM
I must say this is really interesting, today I personally seen it going up to over 30x and once even over 60x!
I have to try my luck with this one!
2486  Economy / Goods / Re: [WTS] PrePaid Anonymous MasterCard. I send the card first. on: August 19, 2015, 04:02:06 PM
Do you also offer the option, to just send us the VCC details by email, and us using it online, without having you send anything to us physically ?
2487  Economy / Speculation / Re: Analysis never ends on: August 19, 2015, 03:53:17 PM
Due to this flash crash, what I am certain of is that the price will be bouncing up and down for at least three times. I will wait for the top of the wave so that I can begin the short.
2488  Other / Off-topic / Re: Complete the sentence... "I would sell all my Bitcoins if..." on: August 17, 2015, 01:13:35 AM
I would sell all my BItcoins if  i needed the money and wasn't able to keep saving or the price reached a level where i was happy to withdraw
2489  Other / Politics & Society / Re: Sexuality on: August 17, 2015, 01:00:24 AM
I am not convinced all 50% are gay, and believe it's definitely around 10-15%. The only thing im not sure is if bisexual people should be included in that , probably so.
2490  Other / Politics & Society / Re: Huge Explosion In Tianjin, China on: August 17, 2015, 12:52:07 AM
OK.. here is the latest toll:

Confirmed deaths: 112 (including 21 firefighters)
Confirmed missing: 95 (including 85 firefighters)
Total: 207

As I had posted earlier, I believe that these figures are a vast underestimation. The real death toll might be somewhere around 500 to 1,000.  Angry

Those are just the confirmed deaths though, right? I mean, there was a high rise apartment building across the street from the source of the explosion...I imagine in the aftermath of this within the next few days the death toll is going to climb drastically
2491  Other / Beginners & Help / Re: Saying hello to Bitcoin fans! on: August 17, 2015, 12:45:14 AM
Hello everybody!
I'm huge fan of bitcoin and other cryptocurrencies since 2013.
I was reading this forum for over a year, but didn't register (don't ask me why)  Grin
In this time I had only good experiences with bitcoin as payment method. I read lots of people got scammed...that's a shame.
The only thing I don't like at bitcoin is transaction time. Why 10 minutes?  Roll Eyes
If it would be like dogecoin, it would be fantastic. Is this time fixed, or can be changed?

The 10 minute confirmation could be viewed as equivalent to the 30-day time window after paying with a credit card, since with a credit card a transaction can usually be reversed during that time. With Bitcoin, the 10 minute confirmation time is the time to cement the transaction to be practically irreversible.
2492  Economy / Economics / Re: Bitcoin is Becoming a Global Currency on: August 17, 2015, 12:43:32 AM
What most investors don't get about Bitcoin we're on the edge of creating a truly single global currency backed by the full faith of the world.
2493  Economy / Economics / Re: Too Much Hype Creating Bubbles on: August 17, 2015, 12:36:36 AM
Too much hype over Bitcoin, by the main stream media and by word of mouth, is driving the price up too high too soon. I'd rather hold of on the hype, keep the price as low as possible so that we can buy more before the price goes up due to actual popularity.
I completely disagree. We need endless pounding of the benefits of using Bitcoin and relentless marketing to Merchants expanding the capacity of Bitcoin users.
2494  Economy / Economics / Re: Bitcoin or gold? on: August 17, 2015, 12:30:10 AM
Bitcoin is much easier to divide than gold is. Gold was also used as currency for thousands of years. Many countries and civilizations used gold coins as their currency. Bitcoin can be used just like gold was as a currency in the past.
2495  Other / Politics & Society / Re: Farrakhan calls for 10,000 volunteers to kill whites on: August 08, 2015, 07:29:16 PM
This is the same Louis Farrakhan that declared that Barack Obama is a messiah, so I'd be more than a little concerned when he starts preaching violence.
2496  Bitcoin / Bitcoin Discussion / Re: Transactions speed prevent us from going to Mainstream ? on: August 08, 2015, 07:14:09 PM
I think the long term solution will be side chains. Day to day transactions like buying coffee and purchasing things online will take place on a merge mined side chain with faster confirmation times.
Long term storage will be on the main chain, and for those kinds of transactions 10 minutes is very fast.
2497  Bitcoin / Bitcoin Discussion / Re: Bitcoin CEO arrested and Blockchain hacked on: August 08, 2015, 07:10:08 PM
The mainstream media has so much to talk about bitcoin this week Wink
Mainstream media appears to have changed their mind regarding bitcoin. Last year and earlier this year they couldn't resist bashing the technology and promoting its flaws.
Nowadays I only find positive articles about bitcoin from mainstream media including BBC, Wall Street Journal, NASDAQ, Yahoo etc.
2498  Other / Off-topic / Re: what you like best in Bitcoin ? on: August 08, 2015, 07:04:19 PM
Possibility of independence from financial institutions.
Accessibility in impoverished countries.
Reduced transfer fees.
Facilitated/integrated micro transactions, especially on-line.
No inflation/store of wealth
2499  Bitcoin / Bitcoin Discussion / Re: What's the amount that every Bitcoiner should own ? on: August 08, 2015, 07:01:22 PM
There can only ever be 21 million people on this planet that will be able to hold 1 whole BTC. Of those, many will hold more than one. Considering 7 billion people, you're going to be one of the lucky ones.
Hold as much as possible ...while you can Wink
2500  Bitcoin / Bitcoin Discussion / Re: CryptoCurrency User Base on: August 08, 2015, 06:52:52 PM
I had the impression there are a couple million Coinbase accounts in existence. Even allowing for the potential for many bitcoiners to have multiple accounts, that's just one company. Of course, you have to break down who is a passionate bitcoin user, people who've had a minor reason to use it but are not regular users, and those who merely dabbled a bit out of curiousity, or former users who've been burned.

Still, I'm guessing the user base of the first two populations is over a million now, maybe a bit more. It would be very interesting to get a handle on numbers for all four of the groups per the breakdown I give above.
I'm sure there are a lot of people with accounts at various exchanges but they don't actually have bitcoin
Yeah, we'd need the exchanges to give us that info, which is unlikely to say the least.
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