This Poll should only have two buttons 1. I'm all in, and I want more money in 2. I'm all in, and I want my money out  |
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Oh no, confirmed, it's a bubble!!! Look at the charts, we are going to almost $0   Oh wait, sorry, it was the chart of $266 bubble  it does look the same as it does at present. maybe there'll be a reversal soon. Or this is the first bull trap  |
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HODLING independent of the quotation, either in case of single-digit coins, or above 1mioUS$ each one. Doesn't matter. If Bitcoin fails entirely, I will be able to buy all the 21millions coins and HODL them.
Will you also be able to buy the ones that got lost?  Negative I will fight you for the coins |
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I'm thinking of getting a loan to buy more bitcoin, as I'm guessing we'll reach $10K in a few months it can be a good deal to lend at a bank against 5% anual rate
Did anyone do this before? Would like some experience advice There have been many people in here asking about the same thing and I think it's a recipe for disaster and would not recommend it. Invest what you can afford to lose, if you become too greedy it could very well come back and bite you in the ass (and karma says it will). You will live in regret for the rest of your life. Don't do it, if bitcoin succeeds a few bitcoins will be enough to buy a house or two. Let's say someone took a loan of $100k in september and put it into Bitcoin, he would have made about $900k minus interest in just less than 2 months. There's no going wrong here. If I take a loan now of $100k and put it into Bitcoin, it might be worth 10x in just a few months. Worst case scenario it will bubble to $9k and back to $1k, then I would have only lost the interest on the loan. It's a winner bet to become a millionaire from just one simple move at the moment, with no losing edge in sight. This dude is the official victim of the bitcoin mania. Thank God the forum is archived. It will be a good basis for studying market delusions.  This chart made me laugh!!! |
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Full Disclosure:
The ranting lunatic above (mr bitcoin"litcoin"ltcbtcomgwtf!) is extremely vocal about bitcoin ultimately never amounting to a hill of beans.
This is the true motivation behind his anger. Not the isolated prediction in the original post.
He posts things about Bitcoin ultimately failing, all the time.
k thanks.
-B-
Funny to see these people post in a bitcoin forum. It's like being a vicar on forum about whoring you shouldn't be there. But then again maybe he lost a shitload of btc or wants in but he's poor. Ultimately he's trying and hoping to make BTC fail with his posts so everyone will be just as poor as him. Sidenote: 1billion in 2035 WOOTT!!!! HODL DEM COINZ!!! |
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Trust has been lost ... everyone will withdraw most cash and BTC instantaneously. Some will remain and try and make a profit.
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This is the same as the $32 --> $2 crash and we all know we hit $1100 that year. Now we went from $1100 --> $600 We will soon start the rise from $600 to $30k |
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Who th F@#$ is Satoshi Sakamato? Evil half-twin of Satoshi Nakamato? I think someone made a whoops in his market order. Put in $80 instead of $800 It's amazingly easy to do if you aren't paying attention. Or filling the 'sell' form instead of the 'buy' I had a boo-boo on cryptsy once. You click on a value and it auto-populates. Then you click the sell when you wanted buy. When the order fills directly you think YEAHHH!!! and then you realize FFFFUUUUUU!!!! |
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It has been reported in the Daily Mail that Mark Karpeles has sold everyone's bitcoins to moon people. He bounced to the moon yesterday on his blue ball and used a giant Frappacino latte to fuel his Gay-Bouchery rocket buddy. This is 100% true because I say so. So sell all your coins on Gox now for $300 and go and buy yourself some doggy coins instead.
You would be extremely lucky to get $300 on GOX |
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Oooh, another one to ignore!
Yes but atleast this thread is funny-FUD. The other thread was a very-bad trolling since it could well have been possible if the OP was better. |
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This is just crazy. I'm sure something is not right on Gox. Not all traders there could be that stupid !
What would you do if you had 200 BTC stuck on GOX? |
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Who th F@#$ is Satoshi Sakamato? Evil half-twin of Satoshi Nakamato? I think someone made a whoops in his market order. Put in $80 instead of $800 |
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The Chart says a correction is needed down to 300-400. sorry. it's totally healthy. save your balls up and buy more.
Actually that's incorrect, if we are going by "the chart". ... This one  I hope we are in "Dispair" fase so my HODLing will be worth while Personally I'm hoping for the yearly april rise to come.  |
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There's no crash coming, maybe a dip here and there. Bitcoin is too widely used right now for a crash. Every day more and more respected businesses are accepting this currency. It's the currency of the future and the future is now!
Ah, just the kind of reassurance I was looking for! Now I know I can mortgage the house and put it all on Bitcoin and sleep soundly at night! Cheers buddy, yer a real pal! I'd sell the house and take out a few loans and some more off-the-books loans from some motorcycle club, borrow from family and go all in on bitcoin |
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If a countries economy blows up then bitcoin will have more value but it won't save the country.
Bitcoin is a good solution but not a solution for a dying country with a rotten-to-the-core economy.
Bad economy and bad spending drives a country to bankruptcy. Bitcoin doesn't automagically change that.
If bitcoin would be adopted by a rotten-to-the-core country they would need to change A LOT since you cannot "print" more bitcoins.
That said, are you patriot enough to remain in your country if hyper-inflation kicks in?
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FUD |
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What if ....
Someone was a bit nonchalant and did not back up his/her coins, but ... But he/she remembers his/her private key. Is there a way to 'restore' these 'lost' coins? IOW, is there a way to match private key and a specific address in the block-chain?
As I understand it: The Bitcoin address is a sha-256 hash of the public key. The "private key" isn't really a private key but more a public/private keypair. Yes you can easily extract a public key and bitcoin address from a private key. Go to www.bitaddress.org and fill in a private key under the tab wallet details... it will give you the address. |
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Bitcoin block value will soon be halved that will make the price jump |
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How many years do I need to HODL for Bitcoin going 100 billion |
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This is not a problem and never was. OP, go read the white paper and the developments in the dev subforum. This is what happens when n00bs spend too much time in Speculation and not enough time learning about the bitcoin protocol itself.
We get a thread whining about scalability at least every month.
1) You do not need the entire blockchain
2) Blockchain compression
3) Big hard drives. When I was a kid people had 32 megabyte hard drives. And again, you don't need the entire blockchain!!!
4) Lite clients that require 0 trust using some devious merkel tree tricks
5) Read the fucking available material on the problem already, smart people have already solved it.
About point 1. I assume this is correct but imo there is no simple way to determine what can be deleted. They cannot purge transactions older than X years since this might kill peoples offline wallets. You can only remove transactions to accounts that now hold 0 BTC but that might give the spender free money again. The only way you could pull it off is by making a 5year checkpoint every 1st of January, in which all the balances of blockchain accounts ever used are stored and only transactions from that date forward are processed. I see a lot of problems with your point 1. P.S. haven't read the smart people solution but a link would be appreciated. There are multiple levels available with existing software. Bitcoin-qt stores the entire blockchain, but supports bloom filters on the network side. Bloom filters allow clients connected to the network to specify a small hash value that represents the addresses they are interested in. Mobile/thin clients can use these filters to only receive transactions for the addresses they care about (and some false positives as a privacy feature). They still get the full block header, which is small, but allows them to verify the transaction hash is indeed confirmed. In the future, the official client will likely move to a model where some nodes store the full chain, but most nodes only store a GB or so. This GB can be randomly selected (other than the transactions the user clearly cares about) and this will enable wide coverage of the blockchain spread across many nodes. Miners only need the unspent transaction output set, or UTXO. This is still only a few hundred megabytes. Thank you for the insight! I agree this could work as long as there are enough full-blockchain nodes available or enough partial nodes to "seed" all the addresses as false positives so you still get full coverage. It's a good thing to know that the size of the blockchain won't become a problem |
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