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2861  Bitcoin / Bitcoin Discussion / Re: What if a person died with BTC!! on: December 18, 2017, 08:23:56 PM
If the wallet wasn't shared, or preparations made for it, then those funds would be lost signifying a reduction of the total coins in circulation. In practice this would mean each active holder would now possess a greater part of the total, with this competitor removed.
2862  Alternate cryptocurrencies / Altcoin Discussion / Re: BIG NEWS for ETH: ** CRYPTOPETS ** on: December 16, 2017, 10:03:02 PM
Does this count as stress testing the network?

I don't get the appeal of collecting these, but the news tell me they are damn popular among some eth holders.
2863  Bitcoin / Bitcoin Discussion / Re: Is bitcoin just a big bubble that is ready to burst anytime soon? on: December 16, 2017, 09:58:00 PM
It will burst, one day.
It is a matter of when.

Even if it were not functional, inferior to alternatives, it could still survive. Humans don't always make the best choices, and currency is a bit like a cult, or religion. Sorry if it offends the religious ones out there.
2864  Bitcoin / Bitcoin Discussion / Re: What happens to regular currency? on: December 16, 2017, 09:51:43 PM
I don't think it's likely for it to disappear, but it could undergo changes.

I doubt bitcoin can stand on its own, it works while coupled to the existing system. Issue is if that fiat losses enough ground, then governments as we have them might disappear. Without the common laws, many things you take for granted wouldn't work anymore.
2865  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DOGE] Dogecoin - very currency many coin - v1.10.0 on: December 16, 2017, 09:41:08 PM
but there is probably some kid out there who spent $100 of his parent's money on dogecoins in like 2014 and is practically a millionaire right now.

At least going by coinmarketcap the price didn't go up by anywhere near that much since. Don't get me wrong, the coin is doing well right now.
2866  Economy / Economics / Re: Israeli PM: Bitcoin Could Replace Banks on: December 14, 2017, 11:19:26 PM
The concept of distributed ledger could replace current banks for what payment processor goes. Banks do other things than that, so they would still stick around.

2867  Alternate cryptocurrencies / Altcoin Discussion / Re: Regret! on: December 14, 2017, 11:01:20 PM
It's easy to know the right move after the fact, such is hindsight. Plenty of opportunities in the future, maybe even greater ones, but finding them isn't as simple.
2868  Bitcoin / Bitcoin Discussion / Re: the $100 bitcoin fee on: December 14, 2017, 10:53:35 PM
Not that I'm relevant, but I have stopped transacting with btc for the most part. Trying to use the cheaper options available to move value between exchanges, as I should have from the beginning.

It's curious to me how this issue hasn't halted its growth.
2869  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DOGE] Dogecoin - very currency many coin - v1.10.0 on: December 14, 2017, 05:22:49 AM
I smell something, maybe a pump??  Roll Eyes

Good amount of activity but price looks to be holding around 21-22 over here.
2870  Economy / Gambling / Re: 🌟2017's Best Bitcoin Gambling Site Award!🌟 on: December 13, 2017, 10:56:46 PM
First choices aren't there, so I went for close enough.  Wink
2871  Alternate cryptocurrencies / Altcoin Discussion / Re: Altcoins with 100m max supply? on: December 12, 2017, 07:32:06 PM
Waves has that supply, but cheap is relative to growth it will have. It's done great so far, but I sure am not one who can predict the market.

I'm not sure why the arbitrary coin number matters now.
2872  Alternate cryptocurrencies / Altcoin Discussion / Re: Best strategy, when you entered late into altcoin? on: December 12, 2017, 07:29:17 PM
The best one is only known after the fact. Diversifying should be safer, but with uncertainty there's no such thing a safe bets for most of us.
2873  Economy / Economics / Re: do you think bitcoin is controversial ? on: December 12, 2017, 07:23:32 PM
I mean, it's no surprise criminals would also find the appeal in the greater freedom it provides for transactions. So, yep, the good points do also help things you might not like.
2874  Economy / Economics / Re: Loans too risky? on: December 12, 2017, 07:15:23 PM
Given that there's only to be so much btc, the best way is to just sit on the stash. Not very conducive for a healthy economy, but still the best move within the system. But, now, to grow the coin as a whole, one would have to help circulate and popularize it, that could be done by creating or investing in business that trade in it.

Loans are always risky, most that can be done to reduce it is to require collateral.
2875  Economy / Economics / Re: Someone from 2020 contacted me on: December 12, 2017, 07:10:31 PM
Funny how similar it looks just a few months later. Even one year would be enough time in crypto world for everything to turn upside down, not to mention two.
2876  Economy / Economics / Re: Your bitcoin experience, how did it started? on: December 12, 2017, 07:04:10 PM
With very bad timing. I first encountered it pretty early, but I also got robbed at gunpoint at home back then, and lost most everything including all my electronics. Things could have gone much different without that, but such is life.
2877  Economy / Economics / Re: What makes Bitcoin to move this fast? on: December 12, 2017, 07:01:17 PM
Hard to say, where the confidence comes from with all the competition, but there's surely a lot of visibility given by media these days. Also, have a look at that LTC's performance.
2878  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin Cash Visa Debit Card announced on: December 12, 2017, 06:55:05 PM
Roger Ver managed to get onto CNBC as well, to promote bitcoin cash.

You can watch the interview on the following video:

https://www.youtube.com/watch?v=nihzliIDWpY

It's not easy for mainstream buyers to purchase bitcoincash though, as it is still not on coinbase.

And I think it's a bit confusing that exchanges use different symbols for it. No idea why it's not rectified, consistency would be good.
2879  Economy / Economics / Re: STOP #HODL go #INWEST on: December 11, 2017, 09:06:50 PM
There lies the problem where it's easier to get richer by just sitting on the assets than risking them investing. The glass only holds so much water in this kind of system and it starts losing moisture before it gets entirely filled.
2880  Alternate cryptocurrencies / Altcoin Discussion / Re: Which coin is next Ethereum? on: December 11, 2017, 08:57:13 PM
In terms of growth and characteristics, I think that would be NEO. It's had an incredible year and still looking strong.
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