It's a major poor decision on Ethereum to choose to make a new chain ignoring Bitcoin network effect. They already filled their pockets, so it does not matter to them, but investors.
Another failure point is Ethereum is a company, having CCO CEO and those bs, sounding like Ripple which will be obsolete when the 2.0 movement matures.
Reminds me of TCP/IP compared to OSI. TCP/IP had the network effect and while osi is a useful model, we use TCP/IP. |
|
|
|
Well we are still +15% compared to last week. I can handle a coin which "just" grow 15% a week. Wait we go below 370 to announce the resume of the downtrend
Remind you that we are currently $10 lower than $410 at one month ago $120 lower than $520 at three months ago $250 lower than $650 at six months ago $400 lower than $800 at ten months ago This could be a bull trap, another new low sub-$300 can happen in any time $400 higher than 2 years ago. 400000% higher than 5 years ago |
|
|
|
|
I agree. It does not have to be an either/or. Although his comments on it being a medium of exchange are correct.
|
|
|
|
David Woo, global rates head at Bank of America Merrill Lynch, discusses the volatility of Bitcoin and why he views it as a payment system and not something to invest in. He speaks on “Bloomberg Surveillance.”
------
"Bitcoin can become a major means of payment and may emerge as a serious competitor to traditional money transfer providers. As a medium of exchange, Bitcoin has clear potential for growth."
------
"Have to separate bitcoin as a payment system vs an investment."
"Think about the number of companies adopting bitcoin."
"...has become less volatile this year."
Also it has a few quotes from Ben Lawsky praising parts of bitcoin.
http://www.bloomberg.com/video/bitcoin-is-a-payment-system-not-an-investment-woo-vkLZekoCRc2yZu4Pr~2Ptw.html?cmpid=yhoo |
|
|
|
|
Useful update there, but until the SEC acts seems not much new to report. The encouraging thing is that the article says they've done 4 amendments, the last over the summer, so perhaps they've addressed the concerns and will be approved sooner rather than later.
P.s. Nice to see the title format used correctly! :-)
|
|
|
|
|
This was a good read and potentially useful to his target market. BIT, and Bitcoin in general, need this type of insight.
|
|
|
|
|
$400 has been hit way too quick, people will get burned selling here
Ftfy
|
|
|
|
Well I'm sure if you were trying to "sell" internet to anyone in 1990, telling them it would have an effective "GDP" of 2 Trillion by now they'd be yelling ponzi.
Shoot, people were saying that pretty much through all the 1990s! ;-) "Fad". "Unsafe". etc |
|
|
|
The link is broken, but this one works: http://diginomics.com/blog/bitcoin-on-brink-of-institutional-investment/The more use and investment in bitcoin the better. Bitcoin institutional investment may very well be upon the eager onlookers who have watched price tickers for the past months, clinging desperately for signs of hope that upward price momentum may be on the way. This week, onlookers have a real reason to place their bets: large investment players have been confirmed to be moving into the space. In an interview with a representative from OKCoin, the company disclosed that a hedge fund controlling $3 billion has begun trading on their platform and this may be just the tip of the iceberg. Read the full article on DiginomicsBTC |
|
|
|
|
That is good news then! He is the ultimate contrarian indicator.
|
|
|
|
|
What OS?
Sounds like some type of malware from the very brief description. But, if you restart does it still say it is busy?
If you check the address at blockr.io (or elsewhere) are the coins still there?
Download anything at all dicey recently? Miner? App? Etc
Hard to say without more info.
|
|
|
|
I'm a millionaire in 2017 anyways.
And a fortune teller right now I see. As a millionaire, he is a FORTUNE teller all right.  (I check prices every few months. It doesn't matter, the technology is cool). |
|
|
|
Wow... Reading through this I feel really sorry for OP and all those affected. Do you feel that there is any way to protect yourself against raids like these ? Does this mean your BTC and other cryptocurrencies safer in your wallets ?
Have some bitcoin, precious metals. Don't keep much money in an account. A problem is that ZD had a business account and was using that money to run a business so he was stuck when the statist authoritarians seized his working capital. You can always do as he did - move to a safer jurisdiction in the Caribbean. |
|
|
|
|
I think people will be better able to help if you are clearer. You are talking about Bitcoin Core? How did you reset the blockchain? Did you delete it? Did you backup your wallet.dat prior to that?
An account on blockchain.info? Do you mean your wallet? Also which bitcoin android app are you talking about?
Regardless, if you have the private keys (e.g. you backed up your wallet.dat or otherwise exported the keys) then you shouldn't have lost anything.
|
|
|
|
How safe do you guys feel keeping your coins on Bter? I like having control over the security of my coins and can't help but feel a little anxiety when trusting this site with any large amount of money. Can I trust this site to keep my coins secure over a long time period?
I would advise never keeping your coins with a third party. Use cold storage. But make sure you do it properly. Remember, if you don't have the private keys, you don't have the coins, you just have a book entry in your name at some third party web site. |
|
|
|
I don't think anything is safe now and I certainly don't trust tor. It's really saddening what our governments are doing enroaching on our freedom just because they ironically claim they want to protect it.
You dont come with any agrumentes , and you are a newbie sorry  Tor is Save ,,, https://www.youtube.com/watch?v=oL1UyLRo1Ds knows and I rather trust him then some newbie Parts of Tor may be safe, but using it and expecting to run a hidden service or to use it to access a web site while remaining hidden from the DEA, FBI, CIA, NSA, etc and non-US agencies is just plain stupid. Between MITM attacks, three letter agencies running more than half the exit nodes, limiting internal hops, ddos attacks, non distributed directories etc, the security of Tor is insufficient to be considered safe against state sponsored attacks. This may not be clear immediately when the government supports officially sanctioned perjury (parallel construction) but anyone who uses Tor for something like Silk Road 3, 4 etc is not using their intelligence. In short, Tor should not be considered safe for anything but the most innocuous of uses. This is not a criticism, but the facts. One hopes that Tor upgrades address the attack vectors in the future, but currently there are many unknowns. Tor is a great concept, but is not perfect. |
|
|
|
What hacker?
THE hacker. :-) Kidding aside, what OS were you using? Was it online? What wallet software? As was stated above, look up cold storage, that is what you want. |
|
|
|
|
Show Posts
