Raise the block size based on all the fees paid in 2016 blocks: If the fee is too high, then raise the block size to reduce the fee cost of average transaction and include more transactions
But this idea will waste some people's money as fee. After a problem, finding a solution is lazy government way. We need a solution which can handle all situations well advance. That's the geeks' practice. Creating a versatile coding is not possible, but fixing the code in advance for a expected crash is possible. |
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So, gambling provides a very nice earning opportunity.
With less chance. Many gamblers didn't experience the same way as you are saying that many people earn big amount from very little amount of bitcoin. Its a nice earning opportunity but can also called risky opportunity. The experienced people I have seen are making very much big fortunes from bitcoin itself. So, the amount of reward you can get from a particular gambling method purely based on how versatile you are on that game. If you gain more experience towards a game, then you can enjoy huge profit from it. |
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i heard many Cryptocurrency but why people mostly use bitcoin?
Bitcoin is the first cyptocurrency. Other are just a clone or with slight modifications. The foremost invented has established in many commerce widely compared any other followers. So, success of bitcoin is obvious. People give respect to new thing than copied one. |
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I like paper money. I like to feel the buying power in my hands :p Bitcoin makes me feel like a robot. I am not saying paper money is better tho.
I feel more powerful with bitcoin, as I have the reassurance that there are only 21 million of these coins, and they will most probably go up in price. It will be so absolutely. Exactly because are and will be an fixed amount of bitcoins in circulation there will be always a higher price for them it it will be in use legally. It will be always bigger and bigger the number of people which will want or need it and this will increase certainly its price in time. The question is only when. The price of bitcoin will grow exponentially over time. Because satoshi has designed it so. When, people widely uses bitcoin, then the existence of paper money will be rare. In internet we can not use paper money, so when internet commerce boom, paper money will fly away. |
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I would rather keep bitcoins because it is easier to hide than gold.
Yes. That the advantage of digital gold. Bitcoin is easy to trade than traditional gold. Border-less, you can carry bitcoin anywhere in the world. But gold needs a lot of formalities. Some people argue diamonds are border-less. But it can not be traded in minutes. So, bitcoin is greater than anything else. |
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Hello people, the site I used to check the current BTC (preev.com) price is down. Any place else to check it in real time?
Check out: http://bitkoin.io/Thanks for providing alternate to preev. I need to check bitcoin prices very closely and so often as I need to convert it into dollar price for a perfect number of satoshi. Even I can get bitcoin prices from many sources preev was exactly more precious on converting. Now I find same functionality from this new site. |
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I'm in the profit side.
But I like BTC, it allows international money transfer for cheaper, but I can live without it(and with less money sadly)
Now a days even a farmer can not live without a cellphone nor a television. In future no one can imagine a life without internet. When everything (like your grocery bill, electricity bill ect)is available through internet, you may in need of a secured and cheaper payment mode. The answer to your search is bitcoin. |
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Looks like people don't consider fast and cheap to be very important. Why do we want big blocks for again?
Fast transaction is basic of electronic mode. Usually the internet things are instant like email. But we need to celebrate the cheaper payment of bitcoin. I guess satoshi must be freelancer or online employer and got fed up with online payment processors. So, he invented a extreme superior internet money. |
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Bitcoin would be very valuable (around $2000 or $5000 per BTC) and admired by everyone around the world.
It'll take 85 years to go up by a factor of ten? That would make it one of history's worst investments. Yes. By the year 2100, bitcoin would may cost in multi fold of millions. $2000 or $5000 are target of next year, 2016. By the 2100, bitcoin would be treated more than platinum (which is after gold). Bitcoin would be divisible by more than 32 decimals(currently 8 decimals). |
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A centralized and controlled version of a digital currency backed by government is nothing different than the actual fiat money system. I mean almost 95% of the fiat money is digital.
That is going in circles in my opinion. But let them do if they want to.I will not use that shitty crap.
Yes they are starting afresh again but this tie in the name of cryptocurrency. They completely forget the main objective of bitcoin. What is the need of another currency which is backed by a government or bank. We need financial freedom from the governments who suck our money. |
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I think cheapest thing that you can buy with bitcoin is around 0.001 BTC or 1 mBTC But, we'll think another short name for 0,00000000000000000000000000000001 BTC when bitcoin become very popular, maybe 1x10 -32 or 10 yocto-satoshi Maybe we will call 1 BTC as mountain of diamond  Yes. I agree with you. This is highly possible to happen. Because bitcoin is divisible into any number of decimals. So, theoretically bitcoin is already with enough number of units to serve everybody in the world regardless of how many people would be in the population of world. |
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No, it is more than easy to use bitcoin.
Some people would find complicated to see their first bitcoin on bitcoin-qt (now bitcoin core). Other than this using bitcoin and getting into our storeage of investment, honestly I do not find any difficulties. All the above it made ease of using obline virtual moeny. Really bitcoin is a digital smarter money. Initial synchronization is a concern for many of new bitcoin users. The solution to that is light weighted wallets. People do not need to understand how bitcoin works but they need to understand the need of bitcoin and it's purpose for modern days rights to human beings. Bitcoin complications are for advanced users not for the beginners. |
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I do not cares if this person is satoshi or not
But I care for btc price and I hope that the real satoshi will not sell all his coins in one action that's will cost a lot and the price may fall Why not? Don't scare of price decrease. If Satoshi sells his first coins it would be healthy for Bitcoin for a longer run. I could not understand how it would hekp in long term view. Usually if whale sells off this hoarding bitcoin, that may impact bitcoin price negatively. If they keep it that would show us they are still believing in bitcoin. But selling in small quantity will not affect the price as well as people's faith on bitcoin. |
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I keep my private keys in different USB flash disks. I back up regularly. I also gave one flash disk wallet copy to my trusted relative in case something happens to me.
That's good idea of keeping securely your hard earned coins. Same thing is recommended by bitcoin.it wiki. You better give to more than at least 3 friends/relatives who are in different geological locations. Explain to your family members how much bitcoin you own and how it works and how to receive and send from a wallet. That also very important and basic need to keep your hard earned bitcoin growing. |
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I guess faucetbox has easy features and all support for getting you a new your own faucet. In services section I just see a thread for faucet service starters. Is faucet a another working way to make bitcoin? If it's so then I also like to get a new fuucet with minimum 1000 satohi reward.
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In a decentralized environment, voting would be the only option like democratic country has election to select their leaders. Like that to solve blocksize problem we need to go with what majority of the people vote for. This is in belief of majority of people would take a right one.
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Unless using internet become a crime activity, bitcoin not be a crime. No government can declare using internet as illegal. They can shut down some sites access. But bitcoin is beyond their access. Even they declare as illegal, no one can stop people using bitcoins.
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If you are a programmer you can earn huge otherwise some residual income marketing companies can make people big bucks online if they have a huge list and many referrals. I see tons of peeps on the net daily making thousands every week, wish i could become one of them, but it takes hard work..
Computer programming, if you don't have a university degree, a lot of time in invested developing personal projects to show potential clients what you can do. You also have to be able to market yourself well, and have a nice, clean looking website that will make people want to hire you. Again, a lot of time is invested without much return in the beginning, but the more you work eventually you will find stable employment. It's convenient if you know a framework like Ruby on Rails, many programmers specialize in a framework and make a decent living. In india, working online for living is still not viable. Many money enough for living is so difficult even we have college degree with programming skills. Because we not have enough computerized business that could offer new projects through online. Better be a part timer, we can utilize the leisure time to make some money. |
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Storing and keeping your coins on Multibit and blockchain.info are my way of bitcoin gathering. I rarely spend from multibit, so literally it's almost offline, so I keep them as cold storage. Blockchain coins it synchronizes as lightning I prefer it's my hot wallet. Doing in two different wallet is not a problem for me.
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