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2981  Other / Off-topic / Re: Will you quit your day job to go full time on bitcoin? on: November 09, 2015, 06:32:41 PM
The great scenario will happen now to me next month. Christmas bonus + regular salary + tax returns + unused leaves is coming. If bitcoin will kick more by next month then my saved coins will increase it's value.. Merry Christmas..

This is what ive got by doing both. So definitely I will not quit my job same with my btc earning method.

The only people that have put them in retirement thanks to BTC are the first initial whales. Current holders will have to wait at least 10 years, but in im sure in 10 years, by holding 2 figure BTC your portfolio will be big enough to get some real estate and live off rent. That's my plan, so right now it's time to to buy BTC, which means I just can't simply quit my job. If sig campaigns payed higher, then I would consider it.
2982  Economy / Economics / Re: I just made my 4th BTC on: November 09, 2015, 06:16:15 PM
Now you are on the right path. Just keep hustling for more, put a long term goal of 10 BTC. 2 figures just sounds really nice to own, and a great amount to sit on long term. So forget about daytrading or gambling or anything, my immediate advice would be just hold i, I don't see anything clear investing BTC at, including the "big alts" like ETH, XMR or MAID.
2983  Bitcoin / Bitcoin Discussion / Re: Will Satoshi Nakamoto will ever come out from his hood? on: November 09, 2015, 06:12:59 PM
He's dead.

Bullshit. No one knows what happened (well, maybe some of the devs, but I still doubt that). The thing is, Satoshi benefits from remaining an anonymous figure. What he would gain from massive worldwide fame? Nothing but problems. He is at an ideal position. He is totally anonymous, and he has enough money to live for a lifetime, and with a priceless contribution to mankind.
2984  Bitcoin / Bitcoin Discussion / Re: How Much Bitcoins Do You Have? on: November 09, 2015, 05:58:55 PM
I doubt that over 21% on this forum, have above 100 Bitcoins. Of all the addresses out there less than 2% of the total amount of coins are situated in one address. The OP should have asked, how many people have x amount of hoarded coins. The daily total will differ, if it is used on a daily basis.

This will never be a true reflection of the actual figures. <People will not reveal the true amount> ^hmf^

I agree, 100 BTC winning is ridiculous, unless all of the people voting are early adopter whales which I doubt they would even bother voting and saying they have 100 BTC. Most people don't even own 1, and experienced users may be inside the 1-10BTC range at best.
2985  Bitcoin / Bitcoin Discussion / Re: where is the anonimity? on: November 09, 2015, 05:26:55 PM
I don't know why blockchain and other wallets disclose the IP address openly. Shouldn't this be hidden or atleast a user who owns the wallet should have an option to hide the visibility of his/her IP address. I too agree that it's not completely anonymous. Just it has no name associated with it which is not as harmful as the IP address visibility can be.

It does not show your IP address, it shows the nearest IP address of the node you connected to when you did the transaction.  Wink Whoever wants to identify you, has to have

access to that node and then hope that you did not connect to it via Tor or a VPN. You add to that, the use of some mixer services and you have a near perfect method to have

some degree of privacy.   Roll Eyes

So if the user doesn't use a VPN, the IP address is almost exposed right? It's like giving out the user's address rather than his name.

The IP is exposed to the node you connect to, which is extremely important that nodes can keep being ran by a single person, so the more nodes we have spread around the globle the more impossible it is to control Bitcoin. This is why XT is seen as a trojan horse by an attacker with an agenda to centralize Bitcoin (and good hearthed big blockers are missing the point)
2986  Bitcoin / Bitcoin Discussion / Re: I'm leaving Bitcoin on: November 09, 2015, 05:19:12 PM
I think this guy is doing an AMA right now on roger's website. Maybe someone that is registered could ask him one thing or two to see what he comes up to, apparently he seemed like a pretty legit guy at the begining, until the scam thing.. I don't get why people put their prestige on the line by risking getting caught with scams. Now whenever he tries a new venture, they will accuse him and trust will be low (already saw it's happening).
2987  Bitcoin / Bitcoin Discussion / Re: Is it a waste of time mentioning Bitcoin to friends and family? on: November 09, 2015, 05:16:12 PM
I talk to them about it but they just constantly tell me to sell whenever there is any price increase, I don't ever recommend either to buy as then I become the blame if they lose money or anything and I wouldn't want to put a strain on any friendships.

Same Cheesy
I told my mom I made some BTC on the internet (besides the one I tend to buy monthly with my wage as dollar cost average method) and I always get the same response: "when are you going to sell some of it? what if it falls?" they never believe in long term, always want to sell it and buy something. I showed her how my BTC went up $150+ since it went from 230 floor to the new 380 floor, holding works.
2988  Economy / Speculation / Re: Incoming $163,000,000,000 market cap and $7700 coins on: November 03, 2015, 04:39:38 PM
An excellent point, and since like you said, market doesn't work like this and this is just a rough estimate, we are talking that a single millionaire could feel lucky or fall in love with Bitcoin and spend WAY MORE than 10K. Millionaires move millions daily in investments, 10K is absolutely nothing for them. A lot more will go above this 10K per investment threshold, no doubt about it.
2989  Economy / Speculation / Re: There will be no massive correction once we approach/pass the ATH again. on: November 03, 2015, 04:37:05 PM
Let's not get carried away, ok?

We're talking about Bitcoin here. After the last ATH, Bitcoin has behaved in ways that are totally new, let's not forget the almost 2-year long bear market since late 2013. We will re-visit 200 again, I'm sure. Bitcoin has plenty of surprises up its sleeve, bad and good, for a long time to come.
Okay, keep waiting for thats 200 price again. Who cares if you buy at 200 or 400 anyway if you are going to hold for 10 years? It's a waste of time. I'll take that speculating is fun but it just doesn't make sense. If you aren't on Bitcoin for the long run you will get eventually burned and cry in regret.
2990  Economy / Speculation / Re: We are reaching $400 today! on: November 03, 2015, 04:32:12 PM
It's $393 now. It hurts to see the price now as I sold my bitcoins just few days back when the price was $325. I will now just hold the coins I earn and not sell them as I can see the price increasing to about $430-$450. I just said few days back that we won't reach $350 also because I never expected it to reach this amount so soon.

You will regret selling them at $430-$450. You will always regret not matter what, unless you go long term because that's the only way to not end up feeling like a moron that sold too soon for some filthy dollars. I would just hold specially if it's money you can afford to lose (or if you really need those extra dollars for some reason).
2991  Economy / Speculation / US national ceiling debt reached + China control capitals = BTC UP on: November 03, 2015, 04:30:23 PM
Today is a very special date. The US national debt is reaching it's ceiling. In the past weeks, Congress must decide about raising the ceiling on how much debt the federal government may carry. They must act now. I sense a certain panic that is being controlled, no one seems to be talking about it.
This, coupled with the fact China is trying to keep people's money inside the country, are two big factors that may be pushing more and more fiat inside the Bitcoin ecosystem. Long term buy and hold is the only way out.
2992  Bitcoin / Bitcoin Discussion / Re: How to use Bitcoin anonymously AMA happening now. on: November 03, 2015, 04:23:51 PM
I am all for increased Bitcoin privacy. I think we need it to find the fungibility problem. Hopefully they don't take ages to make sidechains a thing and we can see confidential transactions soon. But it seems like nothing can be as anonymous as what Amir was trying to do with Darkwallet but unfortunately it seems the project has been frozen for years now for some reason.
2993  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin 'real money' to you? on: November 03, 2015, 04:16:13 PM
I think it has all the good features of gold, like a limited supply and a big network effect (with tremendous potential to go x1000 times what it is now compared to gold) and has all the features of the 21th century that gold will never have (easy of transportation, worldwide transactions, programmable). Basically is the best form of money we've ever seen.
2994  Bitcoin / Bitcoin Discussion / Re: Someone on Reddit took this picture on: November 03, 2015, 04:14:43 PM
Today an Italian magazine which targets women aged 30-60 published a comprehensive guide to Bitcoin. Something is changing, guys.

Hope that people's perception is finally changing. Black market/scammer/drugs tag on Bitcoin's reputation can't last forever.

You got link?

Was it positive article, with guidance hot to use it etc, or just dry, technical and informative?

http://www.donnamoderna.com/attualita/bitcoin-come-funziona-moneta-virtuale

For a magazine that has nothing to do with technology, it gives a fair representation of the actual situation and even instructs on how to acquire BTC via ATMs on the street.


Really cool to see such an unlikely demographic being exposed to Bitcoin. I have tried to explain my mother how Bitcoin works and I don't think she still gets it tho. It's very hard for older people to understand the concept of electronic money beyond the display on the ATM machines at banks. They can't fathom a stateless currency for some reason.
2995  Bitcoin / Bitcoin Discussion / Re: Could Bitcoin Become Major Reserve Currency? SKY NEWS on: November 03, 2015, 03:59:36 PM
Could Bitcoin Become Major Reserve Currency?

the media is no more mainstream crap than sky
but if they are pumping bitcoin

http://news.sky.com/story/1581030/could-bitcoin-become-major-reserve-currency

moon, this month?

Well, if I was Chinese and I was a wealthy individual, I have no doubt in my mind that putting all of my Chinese fiat in Bitcoin would remain the best option specially if I was trying to avoid capital controls to get out of the country. Every other alternative is useless compared to Bitcoin. Once this phenomena goes worldwide I expect a massive price with a floor higher than the ATH.
2996  Bitcoin / Bitcoin Discussion / Re: Mainstream news talking about the rise of Bitcoin already on: November 03, 2015, 03:57:20 PM
Most Bitcoin users don't even know about the reward halving. And now it's all over the news. It all works good for the short-term price rise.
We'll see how it develops though. Me? I'm all buckled up.
Yeah, I find it funny that they aren't mentioning the halving which is coming pretty soon and may drive the price to the actual moon. I don't think they even understand the concept of limited controlled supply. Btw you can check the video on OP in Youtube:

https://www.youtube.com/watch?v=o3hS41rp2GU
2997  Economy / Speculation / Re: Did I buy at good price? on: November 02, 2015, 07:28:39 PM
It depends if you are a long term investor or a short term investor. If your gameplan is buy and hold for 5+ years then yes, it's a safe deal. If you are here to make quick bucks, then the rich of screwing ups is always higher. If I was a daytrader or something more of a short investor, I would hold for the entire november month to see where this is going. Fortunately I don't really care since I go very long term and im not worried about downtrends.
2998  Economy / Speculation / Re: It's happening! --- 3̶6̶0̶$̶ 454$ on: November 02, 2015, 07:23:05 PM
This thread was created about 1 YEAR ago..... the price is still below what the price was when the thread was created, and this is after we FINALLY got out of the low $200-range (for now). OP clearly has no idea what he's talking about.

This is a quick reminder for people who get overly excited over a re-bounce. Don't act like moon is here whenever we see a quick rise, be cautiously optimistic!

If by Nebula you mean hover in the low 200's for a year then sure, "nebula is the limit" HAHAHAHAHAHAHAHA......

It doesn't change the fact that we have been in green 7 weeks in a row for the first time in 2 years right now.

This time it will be different.


I hope you're right of course, but knowing bitcoin can't hold my breath.


Now I am worried that this MMM ponzi scheme somehow becomes the "main reason" for the rise and the subsequent crash when it implodes

Sometimes something shitty like some dodgy ponzi or some stupid bot can trigger a bull rally, but make no mistake, the technology is still there and insanely undervalued, and as a result of this rally legitimate buys can flock in as people realize they don't own something that will be very valuable in the future.
2999  Economy / Economics / Re: Milion of BTC lost and Milion BTC in hand of few people. A danger? on: November 02, 2015, 07:19:24 PM
Well, it's way better than visionaries get the bigger piece of the pie on a fair game rather than people who killed a lot of people and generated money out of thin air to get what they have.
Also make no mistake, the Bitcoin whales will slowly sell because they are human and prone to fear, but they will not dump. This if anything, will help that a bigger amount of hands own Bitcoin gradually.
3000  Economy / Economics / Re: Petrodollar to be substituted with goldbarrel? on: November 02, 2015, 06:56:12 PM
Oil is finished after 100+ years of being the main agenda. Just like paper and silver and so many other "essential commodities" for enterprise, this is gong to take a while. Any portfolio should be based on Bitcoin and metals and tend to gravitate more and more towards these two as time goes on. Personally im going to start selling stocks and go on BTC and metals gradually over this decade.

What are you going to use as a substitute for it, I'm sorry? GLTY with Bitcoin...

Bitcoin in my wallet, electricity for my car, and some gold i'll keep around too for the good ol times sakes, but oil will eventally be deprecated. We will likely see very few oil based/consuming autos on our streets in the next 20 years. Battery technology has advanced as has wind and solar tech. Oil will rally from time to time but the game is over. The End
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