|
bitcoin has been making lots of sounds in the past years from the start and it has been getting more and more popular and those countries that wanted to ban it have already done it and those which wanted to embrace it has also done it by legally announcing that bitcoin is a legit currency like what Japan did so i wouldn't worry too much about bitcoin getting banned at this point.
|
|
|
|
apart from all the obvious that (we) bitcoin users will never use such service because we can hold out bitcoins ourselves, i believe that this service will introduce bitcoin to many new investors and that is always good. if you think about it, there are big investors who are using these banks and when they see this offer and when they check out the potential they will surely start investing and that is always good for the "price to the moon" thing  |
|
|
|
|
to me it seems more like coming back to the previous price rather than anything else. and with the current atmosphere in the altcoin market i wouldn't be surprised if it never went back up again for another long period of time.
|
|
|
|
|
No, i am no longer checking the announcement topics!
because i no more have any interest in what the owner of the altcoins has to say. instead i am only interested in bitcoin in first place and i am interested in the charts and orderbooks of those altcoins, if i like them i invest and dump as soon as possible and if don't see what i like i stay the hell away.
|
|
|
|
My predictions about bitcoin is:
1. In 2017 the highest price reach $1200 and the lowest price $1000
2. In 2020 the highest price reach $5000 and the lowesr price $4500
But I doubt bitcoin can survive after 2025, because too many problem and replace with another cryptocurrency.
Too many problems? Like what? Like the slow transactions from time to time? I don't think it's enough reason for us to lose our trust of bitcoins. Bitcoin is the original cryptocurrency and all the other altcoins are just a copy of the bitcoin idea. The slow transactions doesn't change the fact that bitcoin is the most established coin and would continue to be like that. But maybe eventually something better will replace bitcoins. Especially that it's a thing on the internet, something more brilliant might come up and replace it. For me the slow transactions is not normal to me as it does not happen all the time, if you will try to analyze the overall value of bitcoin you can still say that it is valuable more than it's weaknesses. If most of the investors are seeing that problem and it's a big deal for them then probably they will be pulling their shares and will create panic selling. Slow transactions happen when you sent one with a very small fee or if the Blockchain is overloaded. This happened a few times and dozens of thousands of transactions were put on the "wait list". My transactions with very low fees compared to the recommended ones are usually confirmed in one day or even less. at times like this the problem is not "low fees" at all but instead the competition that takes place. if you look at the number of transactions currently waiting in the mempool they mostly have the minimal amount of fee but when something like this happens that minimal amount increases and keeps on increasing because of the competition which makes a normal fee of normal situation a low fee! |
|
|
|
|
the $1000 price has indeed turned into a big barrier in front of bitcoin and i think it is going to be the toughest barrier of all times to break. and that is only because so many people are expecting that price, we can clearly see this from the comments in this topic alone, and this little expectation will create a lot of selling when the price reaches around $1000
|
|
|
|
|
i have also never heard of them and in general whenever there is a third party offering such services there is not much interest in using them and they make no difference specially since these third party services always charge extra fees (their service is obviously not free!) so in other words you pay a fee to buy bitcoin someday and then another day you decide to buy from amazon using bitcoin then you end up paying another fee to this service to be able to use it!
who in his right mind wants that?
|
|
|
|
There seems to me to be 2 ways forward for the Dogecoin price.
Either there will be another pump taking the price back above 60, as has happened 3-4 times before.
OR
a long slow death! At the moment the price is slowly falling pretty consistenly, this could continue for a while yet getting the price down to 20 or even lower.
The historical chart suggests that it is due a pump, but plenty of coins have slowly died too, so who knows!
actually i think the situation is going to be more like the second one: a slow death with multiple dead cat doge bounces! until the coin disappears because of the very low prices like 1 satoshi or so in a year, or year and a half. and the only reason why it has been remotely relevant so far is because pumping a 30 satoshi coin to 60 is a lot more profitable and easier than pumping a 1,000,000 to 2,000,000 |
|
|
|
|
the adoption boom were supposed to come for a very long time ago and it has not yet happened. instead we have been seeing a slow adoption which to be honest seems more realistic to me.
i have not been familiar with some of the projects mentioned here but the ones that i know of seem to be very interesting but i doubt that they can live up to the hype for example like MU2 which said price will be $2000 after its release!
|
|
|
|
I see there are a lot of first time traders trading Bitcoin via the hack exchanges of MtGox and Tradehill. It makes me wonder, why don't you guys just trade real forex? You can open micro accounts with as little as $25. You get security far better than these shady exchanges. You get real customer service with a real business that won't disappear and leave you only an email address to cry to. You get real trading platforms with reliable data, not some ghetto hack stuff. You get plenty of liquidity, which allows of smooth trading. And, best of all, you don't have to worry whether it's legal or not! Trading is hard enough as it is, why anyone would want all these additional factors working against them is beyond me.
So, to all the bitcoin traders out there... what are your reasons for trading these shady, unsafe bitcoin markets over regular FX?
Cryptocurrencies trading is more profitable than forex trading. Sometimes, you can double your money in just few days. However, it's risky. I am actually interested to forex trading. But, at this time i prefer bitcoin(& altcoins) trading to make more money. In theory you can dubble your money in Forex in minutes the theory is always so much different than reality! and the only reason why you are so insistent on saying Forex is more profitable is to advertise your signature and get some referrals in those links. but what happens in reality is that if users are not familiar with trading they can't do anything in either markets and if they are new they have a better time in altcoin markets than in forex and also if they are experienced and want more profit they can make more money with altcoins than they can with forex because of the way altcoins get pumped. |
|
|
|
actually it is wrong to say which one of these two are "better" because there are more things to consider which makes them both good for different tastes. bitcoin is good because it has the potential of going up more than 100% in a year but at the same time you should not forget that it is still risky to invest in bitcoin. gold is good because it has a bigger market and a more stable and most importantly more predictable market which makes it a less risky investment but this also means less profit. |
|
|
|
See, fiat currency is controlled by government and whenever there is inflation in fiat price, immediately government changes its policies to make fiat price increase and remain stable.But in bitcoin, there is no such regulatory body and thats why it is said that bitcoin is owned by the community
The main reason for the price volatility of the bitcoin is that it is too cheap, it can be easily maniuplated. that reason is not that big a deal, it can still be cheap and have a more stable price. for example in Forex market USD vs EUR is ~1.1 there is nothing cheaper than that but the price is stable! it is all about the size of the market (marketcap or better said the volume of trades each day) |
|
|
|
I get it: people don't like paying. Well, don't. No-one is forcing you to do anything here, you have other options.
it has nothing to do with no wanting to pay fees.. its the system is seriously broken.. I agree that it has nothing to do with liking to pay or not. it is annoying that there are times when there is an extreme competition going on! and i may not call it broken but we are getting to a point when 1 MB block size is no longer enough. right now we have
30,000 unconfirmed transactions..
and 3.38 or so a second being added to that..
a block is every 10 minutes.. and in that block we get about 1000-2000 transactions confirmed.. more or less but its roughly that.
do the math.. there is no catching up..
it is not just math you have to consider other things too. the same thing happened last month with another 60K+ unconfirmed transactions and it was solved in 2 days. and smaller scale has happened before and they were also solved. the creation rate is not only new transactions but also double spends and possible even some spam attacks. the only way to get a tx confirmed is to fight over fees... i add a higher fee, you add a higher fee, someone else adds a higher fee.. pretty soon the fee will be .1 btc / KB.. maybe even more?
at what point does it become too much??
also what about the last people who's fees were high enough but arent now.. because everyone else one upped them?
lol, yeah this gets out of hand sometimes, i just hope like the times before it doesn't last longer than 2 days. and eventually we see some real improvement for the block size issue once and for all. |
|
|
|
There are only 1.3 million shares of Berkshire Hathaway stock. It is impossible for every millionaire own a share.
lol i had to google it, and i have no idea why you mentioned it here. and i gotta say that is in US and nobody else cares about, whereas bitcoin can be bought, used, and held from literary any place in the world and no one can stop you from doing it. |
|
|
|
Actually this made me emotional, I have seen a dream of bitcoins accepted wordwide and such news could be awesome for the dream to come true. Seriously, please can someone here who has big amounts like maybe stunna ( PD owner ) open some shops in more bigger countries ? people like stunna and those with successful businesses are earning good money from their business online and they would only make that bigger to make more money. besides if you are so interested you can start one yourself, no one is stopping you apart from regulations and yourself. for the capital you can even take partners or investor. p.s. i got emotional (well mostly jealous) twice in the last two weeks. and that is when i saw one person buying bitcoin from an ATM in a gas station, and the other time was someone in Switzerland buying bitcoin from a train station ticket machine! |
|
|
|
Ok, so China is planning a "digital Yuan". My question is this, how is it different from the current system of fiat money? Nothing. It is the same and the clearing is still done by banks and the central issuer of this is still the Central Bank of China. This is in no way comparable to Bitcoin and Proof of Work which, in my opinion, is its greatest feature. All settlements are done in the network without need of third party trust.
of course it is not going to be even remotely close to bitcoin because it is centralized to begin with. but the first part is also my question too. what is the point of creating this "digital currency or altcoin" of theirs instead of using fiat? i can see why banks want to use blockchain technology in their internal systems to increase security, speed and other things but i don't see why they would want to make a centralized altcoin for their national currency? |
|
|
|
It's gonna be okay if it's fairly regulated I suppose. I hope they would tax BTCBTCBTC exchanges as if these exchanges were currency exchange trades and not like a commodity sale.
these exchanges are scattered through different countries and they usually move out of that country like the businesses that moved out of NewYork when i think it was bitcoin license or some law like that happened there. so i suppose it would be a hard and long battle before they can start regulating and then taxing anything bitcoin related! |
|
|
|
The price of bitcoin still uptrend, will it reach $1000 again?
it will reach there eventually, it just needs time and as we have been seeing in bitcoin and how it rises we can be sure about two things that bitcoin will be worth $1000 and more some day and that some day will be in at least a year or two from now because price has been rising slowly for the one and a half year now. |
|
|
|
I just came back from my 10 day vacation to see that ETH dropped to $9.30.... I browsed thru the Eth forum but cannot see any bad news leading to that massive drop.
Chance to grab ETH at a cheap price? Or is it time we focus on another altcoin for longterm profit?
PS: I am holding 2000 ETH and have 5BTC to invest or keep as BTC
nothing is up with ETH it is following the natural order of things around in the altcoin market. it is going down! all the altcoins are and have been like this. with exception of 1 or two the rest of them come in with a bang and then slowly after people get tired of the hype, go down and then disappear. if you want to sell this may be too late already since you have lost so much bitcoin which was so much money if you had it in bitcoin instead. but if you think about dollar terms, the loss was not that much so maybe you could still continue holding! |
|
|
|
Have you heard the news? IRS is asking Coinbase to provide transaction records of ALL of their users over 2 years. Just few days ago there was a SEC fintech panel, which I've been watching, since Emin Gun Sirer participated and I like his visions. Regulators are jumping on Bitcoin more and more and this affects entire 'cryptoworld' (i.e. +altcoins). I hope you, Polo whales, ICO scammers and I-wanna-make-$5-profit-no-mater-if-it-is-a-shitcoin-scumbags made enough money and I wish you bright future!
haha, i though they (coinbase etc) were already providing the FEDs and other three word agencies with all kinds of information and track records so this doesn't sound like a new thing to me, may it has just surfaced though it is their (coinbase etc users) own fault for using a centralized wallet like this instead of a bitcoin wallet like a normal bitcoin user should! good for me to be living in a country that no one still knows much or care much about bitcoin. not yet anyways  |
|
|
|
|
Show Posts
