MHXPLmj6jWT9bwKcfWWEs4HJbk6KEBMHJ9  |
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I'm betting on an April rally  |
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No sign of hyperinflation in any advanced economy today. Maybe come back in 10 years and check again.
What's your definition of advanced economy?   |
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4HQzxp2ZvzrCZRm43T3m36RV2x1nrQK5RM Cool idea 42 coin hope it goes to 500000 BTC per coin  |
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9ZXSPTLsThMtfGDkRPuHxEx7vQDtSMPGVN
Thank you!
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9ZXSPTLsThMtfGDkRPuHxEx7vQDtSMPGVN
Thank you!
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4NhGBBVMHc6559x7hRhPgFWXQ39ondYEMQ |
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sJpcQMWw5qBo7JQcsaTsz92du7cB3VxdWB
Thank you!!
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w6YE94ePPdwhTT2BbtYBwo6fFJVaPJ6N2  |
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4bA9YwBkFXr5AWxSnRHHRyQYdvw6SN2wpA
Thank you very very much
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When da bears in da cribb y'all.... HODL while its HOT!.... HODL while its HOT!.... HODL while its HOT!
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Bitcoin is more like religion.
 You read everything there is to know and still there is no certainty. It's all down to faith and personal investment   On a serious note, awesome view as much as I dislike religion. I left the part out "and bending it's interpretation to your needs" |
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What about a system that rejects blocks if >N blocks in a row go to the same address (minted by the same pool) ?
Basically limiting any pool from finding too much blocks in a row which would only happen if you are either extremely lucky or have a majority of hashingpower.
Pools will want to limit their hashrate due to the fact that they will become inefficient. This will contribute to more pools and an even spread of mining.
Don't know if this can be done or will work...
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News article I found: http://www.zdnet.com/cn/chinas-bitcoin-exchanges-aim-to-work-around-rules-7000025010/By Eileen Yu | January 10, 2014 -- 09:28 GMT (01:28 PST) Positive points: According to the report, two other Chinese trading exchanges including OKCoin now allow users to make payments directly to bank accounts, which OKCoin's founder Xu Mingxing said did not violate the government's directive.
This means that there are still ways to do stuff with bitcoin in China. The digital currency, however, enjoyed a breather in Singapore where the government indicated more support. The Inland Revenue Authority of Singapore this week outlined tax requirements for transactions involving Bitcoin. Under its advisory, Singaporean businesses that offer the buying and selling of the virtual currency will be subject to taxation on the gains made on the sale. However, if the Bitcoins form part of the business' investment portfolio, the tax authority considers the gains from any sale to be capital in nature and not subject to taxation.
Singapore has a tax directive on bitcoin and thus accepting it. Chinese might go offshore to Singapore to do their trading. Maybe even pressuring China to accept it since money and business flow out the country |
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im not hodling cause i dont have what to hodl
Then you must buy! i know. i have to hodl my misery now and wait till price go down. cause i was to late to the party when it went up. It is cheap now if you wait you might miss the train. cheap? not for me:) i will wait at least to around 500$. thats what all smart traders do. obviosly i would like to get in around 200$ but not so sure if thats going to come. it might though It is cheap because we will see 10k soon. but why should i get it for 850$ now if i can get it much lower in the near future? convince me more:) othervise i will wait for something like this to hapen again: https://www.youtube.com/watch?v=cZkz52ryoAYOnly because you might miss the train now if it keep getting up. it maybe will keep getting up in a long run, but not without temporary swings down. this is bitcoin man:) get used to it Temporary swings donw get smaller all time it can go to 2000$ now and then drop 1000$ It was 50$ year ago should I still wait for it? who knows, when china finally will ban it completely and start a fight against it like against drugs or smth we might test 50$ again, who knows. china is still the bigest player in this game by far, most of the bitcoins are circulating in china. But then again maybe chinese drug cartels will massively adopt bitcoin for their international drug networks. Or the people will revolt against the chinese govenment bringing it all to it knees and firing up a new government which has bitcoin embedded in their constitution |
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So we're at the "First Sell off"?  |
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... It was not a reference to my sex-life. My sex-life is fine got me some <2hours ago Any more questions? Rosy Palmer? Nevermind...I don't need to know. I'm happily married so no |
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The difference with BTC and the lottery. The lottery has a date at which a winner will be anounced. Bitcoin allows you to cash out at any time. The lottery gives NO insite into your winning state. Bitcoin shows the value of your investment at any time. In a lottery you either win or loose. With bitcoin you can get richer or poorer. Losing all or winning all are the only two possibilities that are nearly impossible. etc. What the OP might be trying to ask is if bitcoin can go both ways (to da moon or into the earths core). The simple answer is YES bitcoin can go up or down just as easily. Statisically chances are higher that it will go to $0 but due to market adoption belief is that it will go much higher. Bitcoin is more like religion than the lottery. You read everything there is to know and still there is no certainty. It's all down to faith and personal investment |
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When I click the link from the OP I get this.... Bitcoin isn't even mentioned....
Notice of the General Office of the People's Bank of China 2014 payment and settlement system operation and maintenance arrangements
Source: communication 2014-01-06 17:23:08
China PBOC Shanghai headquarters, branches, business management department, the provincial capital (capital) city center Branch, Shenzhen Central Sub-branch; national development banks, policy banks, state-owned commercial banks, joint-stock commercial banks, China Postal Savings Bank; China Foreign Exchange Trading Center, Central Depository Clearing Company Limited, China UnionPay Co., Ltd., the inter-bank market Clearing Corporation, clearing center city commercial bank funds:
Now in 2014 the People's Bank payment and settlement system operation and maintenance notice of the matter as follows:
First, for the good operation of payment and settlement systems and institutions involved in the maintenance of front-end, with good promotion of second-generation payment system and central bank data centralized accounting system, payment and settlement system in 2014 will total 13 maintenance window opens , respectively, on January 18, February 15, February 22, March 22, April 26, May 24, June 28, July 26, August 23, September 20, October 25, November 22, beginning at 00:00 on December 13, 08:00 before the end. During the maintenance window opens, micro-payment systems, online payment interbank clearing system and the national check image exchange system to stop receiving business.
Second, during the 2014 Spring Festival arrange payment and settlement system outage 1, specific time: at 16:00 on January 30 to at 18:30 on February 2, suspended running micro-payment systems, online payment interbank check clearing system and the national image exchange system; at 20:00 on January 30 at 20:00 on February 2 to suspend the operation of the electronic commercial draft system.
Third, please arrange banking financial institutions whereby each system operation and maintenance plan in advance to inform customers and make relevant explanation.
Please People's Bank branches will be forwarded to the notice within the jurisdiction of the payment and settlement system of each participant and to urge them to make proper arrangements for payment and settlement systems and related maintenance windows open during business processing outage.
Payment and settlement system maintenance outage windows open and the implementation of case problems, please contact with the total liquidation of the People's Bank Center, Tel :400 -920-0988.
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