The market will be way harder to manipulate once we are a couple billion dollars above what we are now... I think a 50 billion dollar market is hard enough to manipulate for whales unless all those whales decide to join up and act in sync which is hard.
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buy when the price is the most stable for a long time, then sell at peak when you see a little resistence among sellers
This is pretty much it, the problem is identifying what's a peak... you may think 500 was the peak the last time, and sell there, but it could have perfectly keep going up to 2K USD and you would lose on massive gains, then you wouldn't know when to get back in... selling is always risky.
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If Bitcoins aren't 100K in 10 years I'll be too depressed to do anything with my life. It's pretty much my only chance at early retirement. Also my only chance to hope that when im old I will have money because I think society is going to collapse and the state will not be able to pay pensioners.
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I can tell already that a lot of people is panic selling because there was a very bullish sentiment lately with the sudden price surge, this has disappointed a lot of holders. People will never learn to hold long term, I think its genetics or something, so only a few will make it in the end.
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Yust buy 2 BTC a year and if you are lucky that BTC increase in 20 years.
Than you have a awesome retirement.
This will not work. You have to start accumulating now that it's cheap as hell. Someone with a decent job should be able to buy at least 1 BTC monthly at current price. One must keep on pushing monthly to buy ideally at least 1 entire BTC. In a couple of years, this will not be possible anymore, due the price increase.
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Just wait until it's done. This happened to me as well, but it turn out that it was loading blocks.You can go to the bitcoin folder and refresh the "blocks" folder to see if it's downloading something.
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Bitcoin has already won. It is the best form of money humanity as ever seen. Such improvement in money only happens ever thousands of years. The idiots that claim because it's digital, it will replaced by something better, are missing the point. TCP/IP protocol was good enough, and the Bitcoin protocol is good enough. It's all about good enough + possibility to scale. BTC will scale, just like TCP/IP did (I still remeber all the idiots saying TCP/IP would never scale globally).
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Bitcoin atm will have a fee very high ,did you tryed to withdraw any bitcoin at those atm as i remember the fee is a bit high or the rates of conversion is a lot under the value.Is hard to let one atm everywhere ,there will be need to stay at some safe place otherwise people will try to steal them.
Because when you have to deal with fiat everything goes to shit. The way to go is to deal with Bitcoins only, or alt to alt transactions if anything. That's how you benefit from Bitcoin. Bitcoin will always diminish in quality of experience when you have to convert them to fiat.
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I have actually lost track. By looking at my first transaction ever which was in the blockchain.info wallet that I created years ago, I think it was thanks to selling some Doge that I mined back in the day and bought them on Cryptsy.
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I wish I bought Maidsafe when it was near 3000. Right now is still extremely cheap, im very tempted to buy some and potentially double my money, but god damn is it scary to know that it can go both ways.. you never know with alts even if they are really good like MAID.
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People with computer knowledge understand BTC things better, especially with developed computer skills Yeah but who has that guy on their family? almost no one has a guy that would understand it enough for it to appear interesting to them. Most people's computer knowledge is youtube and facebook, so you can't expect much unfortunately.
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It's really cool to see people getting their nerves wrecked at price fluctuations from 13 to 17 dollars. This puts things into perspective. The threads about people selling at 1.2K and feeling like geniuses after leaving forever will make them feel like idiots in less than a decade.
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By 2027, the newly released coins due the past halvings will be as low as it gets basically (because the following halvings after that, will keep increasing in minuscule amounts). Which means, around 2027-2030, the price should be higher than we can imagine now due brain conditioning.
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as i said you need two halving to force the price to increase or basically every miners will be out of the game, which mean bitcoin is dead
if the price remain in the range of 200-300 when the 2020 halving will kick in, no efficiency will save the miners, so in 5 years you will know about the fate of bitcoin
There are theories that are considering a decentralization of mining in the future. Namely, imagine a future were solar panel technology is cheap and very improved: Anyone will be able to mine through that basically for free and passively. Just an example.
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This is goooood news.. As of the release of Core 0.11.2 OP_CHECKLOCKTIMEVERIFY is now becoming a reality. This has major implications, as it means that REFUND TXNs now work. Without having to worry about TXN malleability. ...
You probably shouldn't say "refund" txs, it is more like escrow, and when the terms are not fulfilled, it is returned to you. Refund makes it sound more like on-the-spot return. But anyway this is great news. Many new features and companies will come from this. I think it will take a bit of time until all those mainstream companies realize any of this. I mean the average guy who is involved in here in this forum probably doesn't know what stuff like OP_CHECKLOCKTIMEVERIFY does, let alone people outside the Bitcoin ecosystem. This is good news for us because I dont want an higher price just yet.
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I think it's not mandatory to download this version. I don't want to change my Core in every update, it's updated too often. Maybe next versions we have auto-update options built inside of the Core, just like Windows Updates.
Yeah, what a hassle. Let's NOT update (because it only takes like 2 minutes) and get exposed to some bugs instead. Cmon man just update the thing, it takes no time. It's not like you have to download the entire blockchain from scratch.
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yes but how can you handle arbitrage with the long time needed for a BTC transaction?
This is not the problem, BTC transactions are fast, what's slow as hell is depositing the fiat in different exchanges. If you pay a reasonable fee, your money will be on the exchange in 10 minutes.
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If you are an expert in bitcoin trading, then tere are chances to make a living off bitcoin. Only with the signature campaign income no one can the lead a life even he is single. Bitcoin ecosystem still in the developing. So it would take more time to get living out of it.
Signature campaign income? You could get banned or the campaign could close down. It would be foolish to depend on something as uncertain as signature campaigns im quite agree, what people can buy with just 0.035 BTC or 15$ for a week?, its just very crazy to quit day job that guarantee my life just for signature campaign And it will be harder as the price of BTC goes up, the campaigns will start cutting rates even more so you will make less than peanuts. Bitmixer hasn't changed it because they've had 0.0007 for ages now. It honestly had no sense to be on it as an Hero, but now it does since the rest are cutting too.
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Look at the usage rate, it's always increasing, we don't really need advertisement. https://blockchain.info/charts/n-transactionsOf course you get the ups and down peaks but you can clearly see the mean says UP. Once it clicks in within the mainstream it will start growing faster.
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Putting bitcoins as investment is not a decision to do quickly. Obviously, chances for loss and profit are equal. If I ever had 5 btc (actually, i don't have now, I don't even know when I'll have, it's a huge amount you know), I would invest it all for spreading of bitcoins... for it's development.. for it's expandability in all places. I don't have any personal reason behind it. But, I want BTC to be used by everyone, everywhere. Of course, bitcoins will improve if It's used by more people. So, I will invest my btc for btc. And as far as, 1 BTC return is considered, I've no problem even if I don't get that.
By buying and holding BTC you are in a way supporting every single venture invested on Bitcoin and developing services around it. If the price of Bitcoin goes up, everyone invested on it in any way benefits indirectly.
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