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2961  Bitcoin / Bitcoin Discussion / Re: BitTorrent Creator Weighs in on Bitcoin-XT on: September 13, 2015, 08:35:36 AM
If the miners want it, it will happen regardless of who else weighs in.

Yes. Miner determines the fate of the coin.

china has the largest share of the bitcoin network, and they don't like the xt client. as long as they stick with the regular client, there won't be much to worry about. beside that, the amount of xt nodes according to bitnodes.io have come down quite hard to just 372 which equals 6.46%. that says enough. or most of them were installed on trial servers that are slowly expiring.
2962  Economy / Speculation / Re: Price Prediction 2015 ฿ on: September 13, 2015, 08:27:29 AM
My bet is that the price will stay around 300$..

every attempt to get the price to over $300 has failed for so many times, and you say it will stay around $300? this year will be $220-$270 at most.
2963  Economy / Speculation / Re: No More Rocket To The Moon Ever on: September 13, 2015, 08:22:11 AM
$250 is nothing. we'll easily get above that price level this year. i only think we won't see it go over $300 this year. the halving next year will do its work.
2964  Economy / Speculation / Re: Price Prediction 2015 ฿ on: September 12, 2015, 10:37:39 PM
By the end of this year, I'm sure bitcoin price will reach $350 - Just hope there won't be sudden panic sells
maybe more than $350, i think we can reach to $400 every end of year price bitcoin  will rise

nah, can't see a reason of why the price could reach $400 this year. the demand isn't there at this point. maybe we can reach $400 after the block halving.
maybe the reason is low market demand and some issues with bitcoin, i hope next year bitcoin can survive

well, with bitcoin everything is fine. but the demand is very poor currently and it won't change this year without major news to boost the price. let's hope next year is indeed better.
2965  Economy / Trading Discussion / Re: Can I trust BTC exchanges? on: September 12, 2015, 01:55:47 AM
You never know if an admin is trustworthy, mark karpeles was trustworthy, the evolution market admins were trustworthy, Mintpal and etc.

The more that an exchange gain trust the more risk is being put in to them. Exchanges are made for short-term and not for long-term standing.

why do you think exchanges aren't supposed to last long? because hacks or inside job thefts? with time the security and the professionality of the exchanges is growing and growing. i do think that the top exchanges can last quite a long time.
2966  Other / Meta / Re: Bitcointalk loading slow? on: September 12, 2015, 01:48:05 AM
Speed has been fine until just now - maybe ten minutes ago, took about 15 seconds before the page loaded.  Hit F5 a few times, did nothing.  Once it did load, everything was back to normal....wtf was that? NSA KNOWS  Shocked

i haven't experienced slow pages in quite a while now. looks like things got fixed or maybe the ddos attacks have lost strength.
2967  Other / Off-topic / Re: If BTC goes to $1000 or more, what would you do? on: September 12, 2015, 01:14:25 AM
It may reach that price next year when the halving block reward happens , and when/if that happens I will probably sell them because I don't have that much to care about , it's not like I will have a fortune , but maybe if I get more bitcoins till that time ... I may consider investing them or keep holding . depends

can't see the bitcoin price hit $1000 next year. maybe in 2018 or 2019. this thread is more realistic than the other saying what we would do if the price is 1 million. with the price being just $1000 i will probably buy something with bitcoin and sell probably 25% to cash out.
2968  Economy / Speculation / Re: Prediction: $$460 in 2017 on: September 12, 2015, 01:07:04 AM
Simple math. Btc price was 115 in August/September of 2013. It's 230 in August/September 2015. I proclaim we will see 460 in August/September of 2017.

Oh I hope you're trolling...

why do you say that? his prediction doesn't sound that unreasonable, especially with the halving infront of us. or do you find his prediction to be shocking low??
2969  Economy / Economics / Re: A good day to buy hard? on: September 12, 2015, 01:01:17 AM
i think nowadays its always a good time to buy as bitcoins is in low price

the bitcoin price isn't that low. to be precise, it's quite a fair reflection of the current situation we're in. if the price was really low people would have bought it up directly.
2970  Economy / Speculation / Re: Bitcoin= 1M$ tomorrow. What you will do? on: September 11, 2015, 11:18:29 AM
buy as much as possible in this day and sell all my bitcoin tomorrow, if true tomorrow will be a $ 1m  Grin Grin Grin

$999,760.25 profit per coin is fairly decent isn't it?
2971  Economy / Speculation / Re: How will the stress test effect the price? on: September 11, 2015, 11:12:41 AM
I think the stress test will have a positive impact on the price. I just don't know how big it will be.
the reason is a simple one. some people will get their btc transaction to exchanges delayed because they are unaware of the stress test. that means less dumps.

another one is that some users will not sell any bitcoin, because they will not send any, anywhere, this mean less dumping

but it would be, principally an isolated thing, the majority will trade regularly

the users who don't plan to move their coins due to the test will surely do so eventually. so the dumping stage will be moved away from us for a short while. but it's just temporarily.
2972  Economy / Speculation / Re: Price Prediction 2015 ฿ on: September 11, 2015, 11:09:18 AM
By the end of this year, I'm sure bitcoin price will reach $350 - Just hope there won't be sudden panic sells
maybe more than $350, i think we can reach to $400 every end of year price bitcoin  will rise

nah, can't see a reason of why the price could reach $400 this year. the demand isn't there at this point. maybe we can reach $400 after the block halving.
2973  Economy / Economics / Re: Dollar coming to an end on: September 11, 2015, 11:05:55 AM
nor Dollar or any other Currency will come to an end, because for Bitcoins their should be some currency to convert, if not their is no value for bitcoins. Only the Dollar fluctuation gives the strength to Bitcoins, because who ever wants to keep or invest in Bitcoins on the end of the Day he/she wants to convert Bitcoins to their Country currency.

well, there are people who don't connect bitcoin to any kind of fiat currency. they see 1 btc as 1 btc and not as 1 btc being worth $240. but it is a very small minority who think this way.
2974  Economy / Economics / Re: Is bitcoin dead? on: September 11, 2015, 11:02:50 AM
there is an awful lot of FUD out there. Bitcoin will not go to die until a better technology comes out or a fatal vulnerability is discovered.

There is already a better technology out, yet it still hasnt died. It has a charm by being the first crypto. People wont abandon it so easily, it's like your firstborn child. Would you abandon it for another child?

what is this better technology? don't tell me ethereum or maidsafe, they are akin to a rehash of an old attempt to a decentralized internet, called freenet

As long as the coin evolves, it does not matter if the technology is old now.

bitcoin is open source, so it will get its required updates with time. as long as the bitcoin network is growing we don't have to worry about anything. mining farms are still popping up and are investing in renewing their equipment.
2975  Economy / Trading Discussion / Re: What is your trading strategy? on: September 11, 2015, 02:52:08 AM
well i use the volume and wait the moment of the altcoin is on medium value soo i enter and wait usually wont sleep with any open order.

The most problem for a trader is the open orders Sad
I had a bad experience when i got up next morning when i made a trade
If you decided to invest in an alt coin, best practice is to research for that coin and then invest when the price you think is cheap.

how do you research an altcoin as when it is the best time to invest in it. you can't research when a pump happens. altcoin investments are the same as gambling. you just need luck.
2976  Bitcoin / Bitcoin Discussion / Re: Comcast rolling out higher charge for home internet users on: September 11, 2015, 02:42:14 AM

It looks like they are giving a 300 GB monthly allowance before the extra charges kick in. Since only the initial download of the bitcoin block-chain requires a ~50 GB download, I don't think this will impact Bitcoin users too much. The month to month additions to the block-chain only amount to around 1-2 GB a month, so this will only be a small fraction of the monthly allowance.

The quote at the end of the article probably sums it up best:
Quote
“And to put this all in perspective, our national median customer data use is 40 GB per month and 92 percent of our customers don’t consume more than 300 GB of data in a month.”

It seems like this will be a non-issue for most people, and even for those consuming more than 300 GB, it will only cost them an extra $10-$30/month.


only cost them $10-$30 extra? that's a lot considering home internet connections on average cost around $30-$40. 300gb per month is really nothing.

Well if 92% of their customers are using less than 300 GB per month, yes I say "only $10-$30 extra" for the 8% of their customers using all the bandwidth. Why should normal customers subsidize the 8% who are using all the data?

at that point you're right, it's not worth letting 92% of the custommers take a hit. it's sad to see that there are still limits on internet usage in 2015  Undecided
2977  Bitcoin / Bitcoin Discussion / Re: Wtf is happening in the last days? Funding to da mooon! on: September 11, 2015, 02:31:49 AM
investors find investing in bitcoin related startups more interesting than directly in bitcoin itself, which is kinda understandable. but it at least shows that bitcoin startups are hot.
2978  Economy / Speculation / Re: When will bitcoin reach 500 USD again ? on: September 11, 2015, 02:26:04 AM
I don't really expect it to occur for another couple years

Even with the halving...

i have the same feeling. i think the halving will lift the price to around $400. not much higher. and even then, will we maintain that price level after the halving?
2979  Economy / Speculation / Re: Bitcoin= 1M$ tomorrow. What you will do? on: September 11, 2015, 02:23:06 AM
i would cash out 50 to 75% and leave the rest in my cold wallets in a secure place as some sort of retirement bonus. just a dream  Cheesy
2980  Economy / Economics / Re: bitcoin investing on: September 10, 2015, 09:36:39 AM
Buying bitcoin is a rather risky investment in itself. If you further invest those bitcoins you are incurring in an even riskier situation. I'd say you are good just holding bitcoins on your wallet and patiently waiting for the rate to rise.

buying bitcoin is the best investment you can possibly make. sure, it has a certain risk like other investments. but the real risk as you also mentioned is when people decide to invest their purchased bitcoins into something like gambling sites, cloud contracts and several other things. just holding bitcoin isn't enough for them anymore. pure greed.
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