You avoid my questions, that's too bad. Maybe others will want to comment?
I hope BTC will innovate, otherwise I think the OP may be right - it will follow the path of other non-innovative cryptocoins and eventually disappear. Time will tell!
LOL where is the $75 mill investment in NXT? Where is the fully regulated compliant exchange for NXT? When is Microsoft and Paypal going to accept NXT payments? When is Andreas Antonopolous going to author "Mastering NXT" When are they going to start talking about NXT at the Davos world economic summit? Don't need to answer you questions, already have the final answer bud. I'm not your bud, friend. You seem very focussed on a very short timeframe. Things may change. And the reasons they change are in the end the useability in society. And that is determined by the technological possibilities. Broaden your mind, amigo. Sure bud, the moment Bismuth takes over Gold price is the moment I'll focus on NXT. For the moment the best usage of Bismuth:
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You avoid my questions, that's too bad. Maybe others will want to comment?
I hope BTC will innovate, otherwise I think the OP may be right - it will follow the path of other non-innovative cryptocoins and eventually disappear. Time will tell!
LOL where is the $75 mill investment in NXT? Where is the fully regulated compliant exchange for NXT? When is Microsoft and Paypal going to accept NXT payments? When is Andreas Antonopolous going to author "Mastering NXT" When are they going to start talking about NXT at the Davos world economic summit? Don't need to answer you questions, already have the final answer bud.
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I already stated, none of those scamcoins have the backing, developer support, investment to thrive or survive. NXT, come on man! You know that's not going anywhere... That's like me saying why am I buying Gold, I should really put all my money into Bismuth. Sure it may a few qualities that make it attractive, but come on. Is there going to be a Bismuth4cash website popping up? Can you buy Bismuth at Kay Jewelers? Is Bismuth a good store of value over time? Can I transact with Bismuth? Same thing with Bitcoin over the scumcoins. NXT...why did you even bring it up?
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Well looks like the OP was proven not once, but 3 times wrong: I understand the message, but please try to avoid talking absolutes unless you're really factually correct. We're in a state of equilibrium right now, with mining hash rate, difficulty, costs, etc...profitability is completely out the window except for the miners that make the chips or hosting centers that have partnerships with the ASIC manufacturers. Joe Blow miner is operating in the red right now, and pretty much turned off all his hardware. I could easily see a few more drops in Hash Rate and difficulty before the end of the year.
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Very good Bitcoin video on how it all works in layman's terms and easy to understand graphics. Something like this should be on https://bitcoin.org/en/. Their video is already dated.
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I don't see the big deal in this other than having the Winkelvi name attached. Don't get me wrong I'm glad they're getting involved and are promoting bitcoin but I'm more concerned about decentralized exchanges. I'm sure this is just a ploy for them to scoop up massive amounts of bitcoins easily through taking their cut of fees.
Dude this is literally the only way to have all these clueless old wealthy guys getting involved with Bitcoin. They wouldn't invest any other way unless there is a regulated certified serious exchange. Yes, exactly. This is a really big deal. The Winklevii are trying to get old money/Wall Street money to pour in more dough into Bitcoin. Trade it up, down, sideways, long, short, etc... Only way you can do that is with fully licensed and regulated exchanges. They don't/won't put their old bank money into a Slovenian exchange like BitStamp or a Bulgarian exchange like BTC-E. But you launch a legit/licensed suit and tie exchange based in the financial capital of the world New York, and basically make the "Nasdaq" of Bitcoin, you best believe they will line the fuck up. You know what happens when those bigtime hedge funds get involved....
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The end is nigh! Liquidate and cover all your Bitcoin right now, fear it go to zero! On the other hand, we still haven't seen the first Bitcoin ETF launch, the first truly regulated across all states North American Bitcoin exchange launch, true consumer adoption, and that true Bitcoin killer app to be created. We ain't dead yet! Let's think positive.
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Market Cap don't lie.
you must be new here Explain beartroll. And please don't be another one of NotLambChop's 35 alts, posting a stupid gif. I release a coin with example 1billion coins max, premined 99% to 100% , presale it and buy it myself (or other method - just need to make sure i control most the coins) - and just sell one coin for 1 dollar (to myself) and i have just created 1 billion marketcap with a single transaction. Great stuff, isn't it? Happens every day. And please see a doctor for the paranoia-issue you have there ... Where is the coin you speak of with the $1bill market cap? I don't see it on coinmarketcap.com I thought you said this happens every day??? You have to select currencies by TOTAL supply, and then you will see more market caps in the billions. Marinecoin being most similar to the one described above. Edit: looks like marinecoin under a billion now. was over a billion not long ago. on dozens of us dollars volume. That's sounds so wrong on so many levels. Like "marinecoin" will actually be worth anything in a few days/weeks. At least pump a scamcoin that has a chance like Ripple, that'll be here for a year or two.
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+1 for julian071's post
-1 for Bernard Lerring useless post. At least post a sentence stating why.
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Value is not a good measurement of how BTC is doing. Right now its value is simply the playground of a bunch of speculators.
If you look for alternatives you should look at the technical differences. Where BTC has been quite stagnant on that front, some altcoins have faired way better. Take a look at NXT for example, tons of projects are being build on that. There are plenty of others too. SYS is building a decentralised exchange. Vericoin has a very cool wallet. HYPER is aimed at gamers and pays 5%/month interest for PoS. And some countrycoins are doing well, most notably NLG and Sterlingcoin.
People here say that BTC is the one and only. Very understandable. But does anyone stop to remember MSN? Or MySpace? BTC needs to keep reïnventing itself or it will be replaced by something better. It's the blockchain technology that really is the breakthrough, not BTC itself.
Read the white paper again and wiki: https://bitcoin.org/bitcoin.pdfhttps://en.bitcoin.it/wiki/Block_chainYou can't separate the two, they work in conjunction with each other, and because of each other. There's no blockchain without Bitcoin, and vice versa. Excuse me, I could have chosen my words more precisely. Where I used the word 'blockchain' I ment 'a public ledger with a certain set of algorithms governing it'. In my defence, most people refer to those ledgers as 'blockchains'. I will even go so far as to contend that the public use of this word will replace the meaning that you quote from the Bitcoin wiki, where it refers only to the public ledger that underpins (or: is, in a sense) bitcoin. I think you're referring to altchains, that mimick or copy the original blockchain technology. There's only 1 true Blockchain, and it specifically deals with Bitcoin only. If you're talking about scamcoins that copycat blockchain and the Bitcoin protocol, don't bother: There really is no point. There's just no backing, no support, not enough development behind Ripple, or Litecoin, or Paycoin, or NXT, or Stellar. Is Ethereum still a thing? Just don't waste your time or money with that nonsense. Market Cap don't lie. You sir, are totally wrong. First of all, as explained above, the market cap can lie. Secondly, the market cap is only a derivative of the true value, which is the value a coin has in our society, which is in turn a direct consequence of (principally) its technological advances. Moreover, the market cap is largely the result of speculation. Your total lack of interest in the technology as compared to BTC's worth today leads me to believe, but correct me if I'm wrong, that you're just a bagholder who's waiting for the right time to dump it all for precious fiat. But more importantly, you seem to think that there should only be one cryptocoin, as others are not to be bothered with. In my mind's eye I see you making the same argument when the first email hosting companies arose: "don't bother with hotmail or gmail, they're just scamming copycats, there can be only one email-provider!" Very funny =) Moreover, if you don't allow any pluralty, progress will be stifled. And even your precious investment will be in danger of never taking off. I worry for Bitcoin that to many people tihink like you, and progress will be to slow because people will relly on BTC being the biggest (in marketcap) and therefore 'the best', in stead of on innovation. But don't take my word for it, just watch the guy in this youtube clip below. It's called 'The future of Bitcoin" by Andreas Antonopoulos. https://www.youtube.com/watch?v=jw28y81s7WoSorry, I don't deal with shitcoin holders, you're all beneath me. Just messing with you bud. I don't believe any of those alternate cryptos will survive, so excuse my bluntness. Which of your copycat coins, do you think will actually survive with no real development or real investment? Awaiting your response and reasons(this ought to be good).
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To the OP, the Bitcoin Foundation has nothing to do with actual iterations of Bitcoin 1.0, or 2.0, or any version changes.
Maybe he's just theorizing that what if they did announce such a thing, would people pay attention or how would they react, though he probably is just mistaken by what authority they actually have . That said, the Bitcoin Foundation is nothing more then a glorified fan club, that has a few influential players. I wouldn't call it a fanclub but I think sadly it is going to become an insider club for people with certain business interests who see it as beneficial to their goals and they'll try to influence certain things to achieve this. Yes, I took is that. The OP probably thought the Bitcoin Foundation actually had the pull or authority on version updates. So at least now he knows, they do not have the power to order or push forth to any future Bitcoin versions....at all. As for what it actually is....fanclub maybe a little strong. It's like a PR spin/promotion foundation, that does fund some developing like the aforementioned Bitcoin core. They are responsible for the https://bitcoin.org home page, so that's a positive. Overall though, they're not like "The government" of Bitcoin, or "Congress" where they pass laws or guidelines on how the currency or protocol works. They started out good and intentions good in the beginning, but with all the mass defections from the board, the unruly shady characters that were or are a part of it, they simply aren't legitimate enough to be truly be listened to or trusted. Hey you or I can join for $25! Yay? https://bitcoinfoundation.org/join/
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Nope. $7 to $8K is not enough. That's chump change and you'd lose almost 100% of it.
If you're that rich, you can afford to lose $8k, then just put it all on Black in a regular Casino.
Unless you have something like this in Washington State and have a partnership with an Asic Manufacturer, then just buy some coins at this cheap price right now.
-snip-
If you can't afford what's in the picture, don't bother. Get another hobby for $8k.
what miners are in this farm? Those are Bitfuries. Megabigpower/Steve Carlson has a partnership with them. Bitfury chips, but probably custom boards to suit their needs. https://megabigpower.com/aboutus
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Could someone tell me an exchange where I don't need a checking account and can use credit card to buy bitcoins? Please give link. Thanks!
There is a lot of websites out there mate , you can check the Bitcoin wiki about Buying Bitcoins using credit cards here : https://en.bitcoin.it/wiki/How_To_Buy_Bitcoins_With_Your_Credit_CardProbably most of them will need ID/passport verifications sometimes to avoid fraudulent transactions , if you don't like any of the websites listed there then you may simply post here on Bitcointalk : https://bitcointalk.org/index.php?board=53.0 just make sure to use Escrow and don't trust anyone who have no Trust . ~ Madness Where is the best [lace to buy bitcoins? Here on this site with a escrow? I only need $50 worth of bitcoins. I don't have a checking account but I'll be using my brothers credit card to buy them and want them to go to my wallet. Is that possible? Well , what kind of Credit card you have ? Anyway you simply post on Currency exchange section saying the following : [Have] xx $ [Need] 50$ BTC , give more informations about your credit card Payoneer , Neteller or whatever it is . It's a MasterCard. What I'm wanting to do is exchange $50 for $50 worth of bitcoin and put it directly in my wallet. Use this link https://bitcointalk.org/index.php?board=53.0, find very trusted escrow, find very trusted buyer that accepts payments through PayPal, use your brother's Mastercard through Paypal to buy $50 worth of Bitcoin. Boom, solved. I've read on the forums using paypal is a bad idea. Besides, how would I get the bitcoins from paypal to my wallet? Only if there's an untrustworthy seller. Then you risk chargebacks. So no, in this case with highly trusted seller and a highly trusted escrow, there is no worry with Paypal. You can use any major credit card to apply towards a Paypal payment. The seller in this forum would transfer the Bitcoin to the wallet address you provide, once he receives the Paypal payment of $50. Since this is my first time doing this could you give me the steps to take? Talk to this dude shdvb in the following thread: https://bitcointalk.org/index.php?topic=583572.0He has alot of BTC for Paypal transactions. As for your Mastercard, you have to sign up for a Paypal account, and add it as one of the payment options before you contact any sellers here. How do I PM him? Click on the chat bubble next to his name. He's offline at the moment, but he should respond to you once he's online.
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Could someone tell me an exchange where I don't need a checking account and can use credit card to buy bitcoins? Please give link. Thanks!
There is a lot of websites out there mate , you can check the Bitcoin wiki about Buying Bitcoins using credit cards here : https://en.bitcoin.it/wiki/How_To_Buy_Bitcoins_With_Your_Credit_CardProbably most of them will need ID/passport verifications sometimes to avoid fraudulent transactions , if you don't like any of the websites listed there then you may simply post here on Bitcointalk : https://bitcointalk.org/index.php?board=53.0 just make sure to use Escrow and don't trust anyone who have no Trust . ~ Madness Where is the best [lace to buy bitcoins? Here on this site with a escrow? I only need $50 worth of bitcoins. I don't have a checking account but I'll be using my brothers credit card to buy them and want them to go to my wallet. Is that possible? Well , what kind of Credit card you have ? Anyway you simply post on Currency exchange section saying the following : [Have] xx $ [Need] 50$ BTC , give more informations about your credit card Payoneer , Neteller or whatever it is . It's a MasterCard. What I'm wanting to do is exchange $50 for $50 worth of bitcoin and put it directly in my wallet. Use this link https://bitcointalk.org/index.php?board=53.0, find very trusted escrow, find very trusted buyer that accepts payments through PayPal, use your brother's Mastercard through Paypal to buy $50 worth of Bitcoin. Boom, solved. I've read on the forums using paypal is a bad idea. Besides, how would I get the bitcoins from paypal to my wallet? Only if there's an untrustworthy seller. Then you risk chargebacks. So no, in this case with highly trusted seller and a highly trusted escrow, there is no worry with Paypal. You can use any major credit card to apply towards a Paypal payment. The seller in this forum would transfer the Bitcoin to the wallet address you provide, once he receives the Paypal payment of $50. Since this is my first time doing this could you give me the steps to take? Talk to this dude shdvb in the following thread: https://bitcointalk.org/index.php?topic=583572.0He has alot of BTC for Paypal transactions. As for your Mastercard, you have to sign up for a Paypal account, and add it as one of the payment options before you contact any sellers here.
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Bitcoin is male dominated. That is a fact. What are the reasons?
I guess its because bitcoin is for geeks! And we, the male population contribute to most of the geek sector. And so it gets dominated by males! Yea it's a regular sausage party in here. But don't deter that from coming back ladies. There's some fine, comely gentlemen that can edjumacate you on the finer Bitcoin things in life...
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Could someone tell me an exchange where I don't need a checking account and can use credit card to buy bitcoins? Please give link. Thanks!
There is a lot of websites out there mate , you can check the Bitcoin wiki about Buying Bitcoins using credit cards here : https://en.bitcoin.it/wiki/How_To_Buy_Bitcoins_With_Your_Credit_CardProbably most of them will need ID/passport verifications sometimes to avoid fraudulent transactions , if you don't like any of the websites listed there then you may simply post here on Bitcointalk : https://bitcointalk.org/index.php?board=53.0 just make sure to use Escrow and don't trust anyone who have no Trust . ~ Madness Where is the best [lace to buy bitcoins? Here on this site with a escrow? I only need $50 worth of bitcoins. I don't have a checking account but I'll be using my brothers credit card to buy them and want them to go to my wallet. Is that possible? Well , what kind of Credit card you have ? Anyway you simply post on Currency exchange section saying the following : [Have] xx $ [Need] 50$ BTC , give more informations about your credit card Payoneer , Neteller or whatever it is . It's a MasterCard. What I'm wanting to do is exchange $50 for $50 worth of bitcoin and put it directly in my wallet. Use this link https://bitcointalk.org/index.php?board=53.0, find very trusted escrow, find very trusted buyer that accepts payments through PayPal, use your brother's Mastercard through Paypal to buy $50 worth of Bitcoin. Boom, solved. I've read on the forums using paypal is a bad idea. Besides, how would I get the bitcoins from paypal to my wallet? Only if there's an untrustworthy seller. Then you risk chargebacks. So no, in this case with highly trusted seller and a highly trusted escrow, there is no worry with Paypal. You can use any major credit card to apply towards a Paypal payment. The seller in this forum would transfer the Bitcoin to the wallet address you provide, once he receives the Paypal payment of $50.
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Could someone tell me an exchange where I don't need a checking account and can use credit card to buy bitcoins? Please give link. Thanks!
There is a lot of websites out there mate , you can check the Bitcoin wiki about Buying Bitcoins using credit cards here : https://en.bitcoin.it/wiki/How_To_Buy_Bitcoins_With_Your_Credit_CardProbably most of them will need ID/passport verifications sometimes to avoid fraudulent transactions , if you don't like any of the websites listed there then you may simply post here on Bitcointalk : https://bitcointalk.org/index.php?board=53.0 just make sure to use Escrow and don't trust anyone who have no Trust . ~ Madness Where is the best [lace to buy bitcoins? Here on this site with a escrow? I only need $50 worth of bitcoins. I don't have a checking account but I'll be using my brothers credit card to buy them and want them to go to my wallet. Is that possible? Well , what kind of Credit card you have ? Anyway you simply post on Currency exchange section saying the following : [Have] xx $ [Need] 50$ BTC , give more informations about your credit card Payoneer , Neteller or whatever it is . It's a MasterCard. What I'm wanting to do is exchange $50 for $50 worth of bitcoin and put it directly in my wallet. Use this link https://bitcointalk.org/index.php?board=53.0, find very trusted escrow, find very trusted buyer that accepts payments through PayPal, use your brother's Mastercard through Paypal to buy $50 worth of Bitcoin. Boom, solved.
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No one has free electricity. Someone will eat those costs, and they will not like it one bit.
First question you have to ask, how much of the electrical is actually free. Like you have to ask your Landlord or your Papa, what's your max limitation, 2kW/h or 3kW/h?
Once you've determined the maximum power usage, then you can begin to select the appropriate miner to purchase.
ROI or mining for profit is a whole other discussion though.
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Market Cap don't lie.
you must be new here Explain beartroll. And please don't be another one of NotLambChop's 35 alts, posting a stupid gif. I release a coin with example 1billion coins max, premined 99% to 100% , presale it and buy it myself (or other method - just need to make sure i control most the coins) - and just sell one coin for 1 dollar (to myself) and i have just created 1 billion marketcap with a single transaction. Great stuff, isn't it? Happens every day. And please see a doctor for the paranoia-issue you have there ... Where is the coin you speak of with the $1bill market cap? I don't see it on coinmarketcap.com I thought you said this happens every day???
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