bitcoin would be never replace by another crypto currency because bitcoin getting too much power and bitcoin adopting is very much high and we know that bitcoin increase its price too much faster than other currency.
I guess everybody is entitled to his own opinion even if it is such a narrow minded like yours. However the price increase is such a bad indicator. There were times where Bitcoin had bad years and also the increase of some altcoins are bigger then Bitcoins if you look at it percentage wise, so other currencies are much faster growing then bitcoin. Technology is evolving at a tremendous rate and just as bitcoin suddenly appeared and caught our attention, so is the possibility that another coin might come up and replace bitcoin, but that can only be if such coin is able to beat everything that bitcoin stands for. At any rate, the way to see that won't be that bitcoin was replaced, but rather it was improved upon and given a new name.
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Yes it is all about the programming and its developer . Only its developer is the responsible when and how he'll control it. Though it is really decentralized the controlling is based on the users interest and capability
It is unfortunate if this is the explanation you would render to people coming to you about who controls bitcoin! The meaning of bitcoin being decentralized simply means that no one person can fully call the shots for what happens with bitcoin, if anything, the impact of anyone person or group of persons with huge amounts of bitcoin can get to jolt the market only momentarily and before long, the market normalizes.
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to me, bitcoin will be used for a long time, but never will be the future of financial world. blockchain will be used, bitcoin will probably die eventually. PS:, die eventually doest mean tomorrow... imo bitcoin will raise a lot before that.
I dont get you what you mean with saying "Blockchain will be used, bitcoin will probably die eventually", I think blockchain is main used for bitcoin transaction if bitcoin is not their then how about blockchain will be used. Dear Op the video is decent, but your assumption that he is satoshi is way to wide. And the guy who says Bitcoin will die, you can donate yours to my address, how can you miss the fact that blockchain is used for Bitcoin mainly, and it's very existence will be threatened if Bitcoins die. Firstly they won't, secondly isn't it ironic you are earning them and wishing they die. Bitcoin already made a great impact in global finance and like an over stretched spring that won't obey Hooke's law any longer, whatever money turns out to be tomorrow, starts from this jolt it has gotten from bitcoin. If a better coin shows up tomorrow, then bitcoin would take a bow to the dark web, dying is out of the question.
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I think the police are almost certainly just hoping you will say something to incriminate yourself, and assuming you don't then nothing will happen.
Sharma is right - you don't need to be able to prove your innocence; in order to be charged with a crime the police and accuser need to be able to prove your guilt.
Police has my bank statements and I explained to him the cash deposit was from bitcoin sales. He doesn't buy my story... -__- Even if I do give him blockchain transactions I doubt he has no idea what he is looking at... This is really a call to order for anyone transacting in cryptocurrencies here and everywhere! Op, it has been a long while you posted here, so how has it all turned out? The buyer of your bitcoin is a rogue and knew what he was doing from the unset, so you really need a criminal lawyer, knowledgeable in cryptocurrency to fight this case and it would cost you some money too, but you can claim damages in the tail end. As smart as the buyer thinks he is, your lawyer can demand for the identity of the owner of phone number used in sending the text message and also that used on the bank teller, when deposit was made. Your advert at localbitcoin, his text message, their dates, amount involved, exchange rate then, blockchain transaction, which I presume should correlate, are useful tools to establish your case.
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In my country, Bitcoin is neither legal nor illegal. So I don't know what Bitcoin exchange in this country means. Suppose, you are in another country. You buy BTC there (let's say $1000 worth). Later, you come back to your country and sell BTC (on Localbitcoins) and get your local currency in your bank. You technically didn't bring the money into the country through a proper channel. Or suppose, you earn online (freelancing or whatever) and get paid in BTC. Then you sell that BTC on localbitcoins and get your local currency. You technically didn't bring the money into the country through a proper channel. Can these exchanges be viewed as money laundering by authorities in your country where Bitcoin is neither legal nor illegal? If your answer is that it is not money laundering, how can you prove to authorities that what you did is NOT money laundering?
What to determine whether your exchange is money laundry or not, is the source of the $1000 used for buying the BTC, where did it come from or how was it earned? It could have come from anything - your sweat or crime, so if you got some proof like that of making it from freelancing, then you don't have any case. However, if you do not have proof of how the $1000 ended in your hand, that's where your case with the authorities starts. By the way, since you employed localbitcoins for the exchange, you should have settled for cash, not bank and no dust would be raised!
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I just read something interesting on http://www.cnbc.com/2016/12/07/bitcoin-price-could-rise-to-2000-in-2017-driven-by-trump-policies-us-dollar-inflation-rocketing.htmlThe price of Bitcoin could hit more than $2,000 in 2017 driven by expectations that U.S. President-elect Donald Trump may introduce economic stimulus policies, which could send inflation soaring and propel the dollar to record highs, a report from Saxo Bank claims.
Bitcoin is currently trading around $754.51, according to CoinDesk data. A handle of over $2,000 would represent 165 percent appreciation. According to this we could see bitcoin sky high to 2k with no sweet, if everything that New elected US president think he can do and accomplish. For us only remains to bee seen what will 2017 bring us. i even think with trump economic policies later in his first 100 days that would started in january could be a big punch for bitcoin to get dropped. people expect about bitcoin price every years always high , just don't get upset when the situation turn back and keep believing in bitcoin no matter what. Trump is planning on pumping more of those out of thin air, money into the economy and the bottomline would be for inflation getting out of hand. At that, our dear bitcoin would once again, take the center stage the play the rule of safe haven, it knows best to play. When the U.S. economy sneezes, the rest of the world catches cold, so the $2500 per bitcoin might not really be long in coming,
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He deserves that award for the category science and technology but this will not motivate him to come out any one in the board can come forward to claim the award in his name,no awards can make him come out..
Its just an assumption of OP on which Satoshi gained the economic nobel prize but you do really have a point on which no matter how good was the award it wouldnt still make for satoshi to come out for sure and he would like to stay anonymous the same on his invention named bitcoin. I do agree on this prize which he really deserves it because of bitcoins creation which really helps a lot on most people who uses it. Having all those technologies and his anonymity figured out ahead of time, is another pointer that Satoshi Nakamoto is indeed a mastermind! His invention is talked about in every continent and soon it would be on most households and businesses. I however think he really doesn't need the award even though he deserves it. One thing we seem to be over looking is the fact that the governments are desperate and can throw the Noble Prize as a carrot to see if it ropes him in.
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I would suggest you to stay away from gambling and cloud mining sites first of all. You will only lose more than what you will earn.
Better methods are mining, trading. You can also try offering your services in bitcoin payments in the forum. Also signature campaigns once you get a high rank in the forum.
Stay away from faucets ptc and such - they are mostly a waste of time.
Many people loves to have a passive income because maintaining it requires just a little time and effort but I'm afraid that except mining and signature campaign , all you suggested requires a lot of time and effort therefore it is not a way to receive a passive income its just a way to earn bitcoins . Mining and participating in signature campaigns also require a lot of effort unless you are posting complete bullshit in the latter case. Mining looks more like a full-time job, anyway, or even more than that because most miners are obviously mining bitcoins all day and night long without ever switching the mining equipment off until something unexpectedly breaks. At that even posting of bull shit eats time and effort and so does not qualify as passive too. Mining on the other hand, comes closer to what a passive income is all about, because after the initial huge cost and set up, a miner doesn't put so much into the system again to get it mining.
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Trading is best source of bitcoin nowadays
You should be profitable because you can say that, trading is still risky and only if you are making a good prediction will make you profitable. The risk is there and this is not good for everyone as it needs skills. If you find any way of making money - cryptocurrency or fiat, that does not put forward some risk, you are totally at risk, run for your life. Risk is what adds value to things and all the success stories we have out there tells of people who dared to think and step out of the box. A good lesson in life is that nothing is really impossible and there is always a starting point. In the light of that, taking time out and the patience to learn to trade effectively is the first step anyone interested in trading ought to take, unfortunate many people venturing into trading, already have their mind fixed on the money to make that they see nothing else.
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I think that all the participants of this forum are bitcoin believers. After all this is a bitcoin forum, and nothing else.
Bitcoin has a lot of potential to change the world for the better, if used correctly. It offers a decentralised mean of storing your wealth and not worry about inflation hitting you hard with the government exercising more and more "quantitative easing" every single day.
That generalization may not hold water, because participation in campaigns may not be out of belief in bitcoin, but could be just to follow any process for making extra income online. Bitcoin was designed to be scarce by its nature and we are most unlikely to face the kind of inflation occasioned by the unbridled printing of fiat currencies by the governments and that is one of the attributes of bitcoin that gives it, its shine and value. Trump is warming up to spend heavily, by the time he sits as president of America and that would invariably stir up the inflation in the U.S. and as usual the exodus to bitcoin will continue, which is another reason to remain upbeat that the price of bitcoin in 2017 looks good to scale the $1000 mark.
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If this thing happens in all over the world, I think all of the bitcoin users would gone wild protesting that bitcoin should never be banned because it doesn't cause any harm in people, and everything in this world. Maybe the reason why they would ban bitcoin because they can't control it I guess, since most of the people or officials in the government are corrupts and the only thing that they want is money for them to be rich.
The hardest thing is for the world to have one voice on anything, so a consensus to collectively ban bitcoin is most unlikely. And the community does not need to protest, we simply have to promote bitcoin more and more, it will find its way and level like water. Bitcoin is not good news for any retrogressive government, but there isn't much they can do about it. If nothing, its market capitalization and daily volume of trades, already speaks for its acceptability among people across the globe.
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This campaign is running til xmas
Good work Yahoo and nice to know the campaign is a going concern! Interestingly Christmas day is the day this project goes live, I hope guys are following it up, because it's another revolution. Many of us did not see Bitcoin coming, but this one is right in front of us!
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Buying and holding Bitcoin will work if Bitcoin succeeds because it is designed to be deflationary. The problem is that if you get in too late, you can't get as much profit. It's best to buy as early as you can and as much as you can if you are just going to hold it.
So how can one know, what price that can be said to be early as today the price of bitcoin is fast approaching $800 and could be up to $1000 tomorrow, but also there a possibility that it could be less. I think the best approach would be to enjoy the ride while it last, because bitcoin is still evolving, unless one is determine to wait it out till whenever their investment is profitable, but that won't be a very good business practice.
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My best price action reversed or continued trending trading strategies are inside bars or pin bar at the support or resistance level. This two bar give almost 80% accurately signal at support or resistance level. Do your research online and get adequate knowledge on this two price action signal and you will have a new view on currency trading.
best trading stragies is true you can use about resistance and support price but you can see about resistance and support price you can tool and indicator pivot point if false position you can martingle or averaging You may want to be sure you have got some significant balance before considering the Martingale strategy as it is a confirmed destroyer. You can be smiling 99% of the time but just one or a few streak of loses is all that is needed to swallow weeks or months efforts. However it can be a smart move for traders to lay in wait for market reaction at the major support and resistance levels as it is a known fact, that these level almost always repel the market before eventually yielding to pressure.
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Forex trading has very high risks than bitcoin or altcoin trading. Both forex and cryptocurrency markets are speculative in nature, so they are both risky, forex however is well on ground. Forex trading also requires some huge amount to start trading. Unlike in bitcoin or altcoin trading which you can start for only 1$ or lower than that depending on what you can afford. That is not true, there are some forex brokers that also welcome minimum deposit of $1, example Age, FSB,etc Also bitcoin or trading sites is very accessible to anyone and doesn't require some legal infos about yourself.
With bitcoin, verification is not mandatory as against forex trade, where almost brokers insist on knowing their customers. That can be understood from the fact that forex trade revolves around fiat currencies and they always wants to be in control.
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life is full of fear and for one to make it in life you have to overcome fear and for any one to get involved in any business you have to know the in and out of the business before you can start it up because that will give you the confident to overcome your fear of losing your money in any business you do because the main aim of any business is for making profit.
Fear is really a normal thing or emotion that will come out when we are talking about investments because we are talking about money and we all know that money is valuable for us and we are really afraid to lose it thats why we should really prepare ourselves on this matter and we should really take risk to earn money because if you let your emotions overcome you then theres no development into your plans. We are humans and fear is one of those attributes that makes us humane. No matter how hard we try, we can never eradicate it all and best a trader can do is to bring their emotions in check. The other side of the coin is that fear is often the reason we did not take a step that went on to become a disaster. Fear often puts us on alert to be cautious,to evaluate and re-evaluate one's stand before taking a side.
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Hackers will always be social engineers at the first place, not magicians, and will exploit human stupidity.
Bitcoin is sensitive only on bad karma. Not on brute force! Bitcoin as idea is ideal of freedom, and if they cannot take your freedom, they will lie about it in worst ways.
I think even hacker will not hack all bitcoin wallet although they can. But hack by any negative purpose is still include in cyber crime. Probably developers are create some thing to make bitcoin stronger against hacker. bitcoin cannot be hacked .only wallets with weak passwords can be hacked.save your coins in an offline computer to avoid that and more over use a secure system while dealing with sensitive content. I think OP was not asking to know if bitcoin was some macho, that cannot be beaten (hacked) but to know if bitcoin is essentially and fundamentally strong to withstand pressures from competitors! To that I say a big yes! Over the past 7 years, despite the obnoxious stand of the authorities, bitcoin have continued to break barriers and attract new users. The price of bitcoin have been mostly on the increase and countless numbers of investors including banks have found it too significant to ignore. Presently, the market capitalization for bitcoin is $12,504,444,957 https://coinmarketcap.com/Quite strong and bold, ahead of all others.
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Bitcoin is digital money and cannot be touched and real money is a paper money where we can touch it physically.
Looks like you are forgetting that the fiats currencies, which is what they are referring to as real money here have also been existing as digital currencies even till this moment. Or what shall we call our money with exchanges like Perfect Money, Paypal, creit/debit card, etc? If you look closely, you won't miss to see that the real difference lies on the fact the authorities do not have their way in manipulating and enslaving people with bitcoin as they do with the fiat currencies.
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I am not the only one, lots of people have already given up. Very fucking stupid mismanagement is the result. At least TCP-IP and Linux had some means to make sensible adjustments in the early days. Bitcoin has no means to fix things that need a fixin'. "Consensus" is just a very stupid concept. 95% consensus will never be reached for any issue. Bitcoin is fucked. Doesn't scale. Everyone already left.
Nobody cares for your FUD. There are many crypto currencies if Bitcoin is not developed according to you than you can find the coin which meets your requirements there are thousands of Crypto currencies but all those do not stand near to the Bitcoin. Bitcoin is a pioneer coin, it has made the revelation of exactly what money ought to be, whatever that was not figured out initially is an invitation for other good heads to contribute their quote. You might like to know that no one discovery or invention out there reached it's optimal level from the unset. I remember so well that once, we all thought the earth was flat, until Columbus had another thought coming. If you must go however, the bitcoin community is sure to not miss you or notice your absence
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Even today the price for bitcoin is high, but after the next halving in four years the price will be even higher. Some experts predict 2000$ and some even higher. That's why bitcoin is the best future currency.
We cant assure bitcoin to get go 2000$ in the future , because in the past years bitcoin get and go up to 1000$ and suddenly dump into 200$ something, We can assure the price but bitcoin is a very good cryptocurrency we can rely on. I was thinking you guys were going to highlight the reasons the price of bitcoin have been on the increase and especially in recent times as that should be what can make it the best future currency? There are lot of reasons why bitcoin is the best future currency, but I think the main one lies on the fact that bitcoin is decentralized and not regulated by any government, so they can't manipulate it as they do fiat currencies.
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