I guess, it is good to have both, half for gold and half to bitcoin, because even if the gold is not increasing rapidly like bitcoin, for sure gold remain on earth no matter if bitcoin drop and crashed down.
The nature of gold has been preserving value, since centuries. Actually since millennia. Bitcoin might experience a lot of changes due to it's relatively new invention date. |
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Wu have been supporting BU from the start and now the crash in price create a panic among the users. Now once again a sudden increase in circulation happens causing delay in transaction confirmation with the increased traffic on the selling. Right now nothing can be done as the segwit has gained around 30% support from the miners.
"Officially" getting Antpool definitely scores for BU, but if it has been always clear communicated positions this rage-dump should be short tempered and short lasting in result. Markets allready back on a rise again. Hashrate did not even react. |
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I just asked Siri about the EFT approval using eight ball and she said, "Nope."  Asked Cortana too: she also said nope. They don't know how to resolve "ETF" in the question, so default to a negative response. Yes you do understand this is a joke Because I am human. This is just another very good example upon how machine intelligence will fail us. They are not much more like some database, maybe called ontology map, capable of drawing conclusions from known data. No creative thinking. |
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Bitcoin is too volatile to act as a currency.
After all that time you've only just figured that out? Off you go then and let me offer a friendly pat on your silky buttock to help you along. If you find a cheeky finger in your crack then I hope you take it in the spirit it was intended. Neither should a Mastermind present such simple conclusions from all of that hard thinking, nor should a gentlemand talk like that foul mouth! Behave people, be nice to each other. |
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I guess they will. You can't run an exchange if you don't allow your customers to withdraw their coins.
They should be back in business with enhanced anti-money laundering measures.
Everybody can run an exchange and don't allow customers to withdraw their coins! It's just rather unlikely that you will gain new customers willing to deposit moar. As it's unlikely that you will keep any former customers once you allow them to flee. "The Dead Three" would have been a fitting toppic. They're done. |
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Yeap ... this is the key  Thanks again
$polo = new Poloniex("L5knblahblah", "5Xnrblahblah");
$ticker = $polo->returnTicker();
print_r($ticker['BTC_ETH']['lowestAsk']);
Looks like this ticker is real time data. What would interest me is the product of some historical data on a graph plot, like XMRBTC * BTC_USDT to observe the Monero value moving over time. This is tradeable when you can differentiate cheap vs. expensive and if currently following along Bitcoin or against it. |
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It's really cool to know that Bitcoin is helping sending money to/from Africa!  Senders transfering to Africa can afford .57 in all cases, sending from should not be required when people cannot afford that much. Whoever earns two dollars a day might not want to transfer those two dollars to america. Second, you recognized "to have your transaction accepted fast" a lower fee can transfer in a half day which still beats other payment channels. So there isn't any accute problems, but I do admit that from an advertisement perspective high fees are not sexy, nothing you could use as an unique selling point. The cheaper, the better. From the internet even people demand everything to be completely for free. |
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Does not matter how nicely you manage your money and finances but we all face situations where we need money though we have it.
I have also never been in such a situation but have seen countless people being in that situation whom I know they earn quite good. The best option I would ever choose if I fall in such need would be to get a loan or a help from a family member.
The question is "If you were in desperate need for money so please reply what you will do, Op do not ask if you have a financial management or what. Op needs your opinion. And if this not happen to you, there's a chance that this will happen so what will you do?
If I were in desperate need for money I will do anything to earn money, or I will get a loan. Both the BTC lending industry need a brushup as do the working opportunities paid in BTC. Just the single aspect regarding tax on wages should have been enough to trigger people's fantasies, but sadly did not. |
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To answer your question, I will tell you something that good to try.
Last year, my friend tell me he buy 3 btc when the price is worth $700. He said he just want to save his money in another place, not bank. So bitcoin is one of any choice to save money. But what happen now with the price? Now, bitcoin worth to $1200+ and his money is grow. It is same like investing money in the stock.
This is a very nice and colorful example of what is worth buying bitcoin, thereby investing in their future well-being. Only one question oppresses me all the time, how long bitcoin will rise in price? I would not like to lose. While I understand that investing is always a risk. The colors can appear slightly faded if another one comes around telling you he'd bought some for <200$ in the valley between these $700. Because that makes you think if 200 had been possible once, why not another time again? |
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"The cardinal rule of the Obama administration was the fact that no official White house never interfered with any investigation under the supervision of the Ministry of justice. As part of the practice, neither President Obama nor any White house official, never gave orders to conduct surveillance of any citizen of the United States. Other claims are simply false." This was stated on Saturday in an official statement, the press Secretary of Barack Obama, Kevin Lewis
Sounds official. Even if they tapped some phones, which isn't unlikely, one cannot blurt out about that throwing accusations because it will become a tough job to prove anything. No evidence, case closed. The wiser approach would have been to enjoy victory above Clinton and leave those nasty details unmentioned. |
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You are absolutely right, but Bush Junior was a bad President. He won a second term with a very questionable result. In addition, his reign has provoked a rise in oil prices gave an opportunity to weaken the American economy and Vice versa to earn extra income Russian which they spend on military buildup. Maybe he, too, has been bought by a Russian?.
GWB was not directly responsible for the rise in oil prices. The demand increased, and the supply couldn't keep up with it. Bush had the option of pressuring Saudi Arabia to increase its oil output, but such tactics would have been counter-productive. Supply and demand. The iraq walk on the wild side caused a similar spike like 2nd Gulf War caused, 40 USD a barrel. But the aftermath caused the barrel to gallop uphill on charts continually. To much of the oil production infrastructure took damage. Those pictures of an incinerated oil well on a black sky. Kuwait indeed did that increased output during the 2nd, those effects just dont last long. |
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Speaking of which I should try my local ATM this afternoon: If people have to stand around waiting 10-30 minutes for their transaction to confirm, that will be bullshit.
In theory any TXID reaching the mempool could be taken for a successfull transfer, since it inevitably succeeds. Under ideal circumstances the 10 minutes blocktime would not matter at all. Speaking of Litecoin's 2.5 minutes those are a useless improvement. If 72 hour timeouts grow common this dream is in serious danger |
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You could still have low fees and use the viabit accelerator. The accelerator works and I have tried it a couple of times now with great success. If you dont get to use the accelerator then with low fees it could take days, or the transactions will be reverted back to the original address.
Some hint on where to find this marvelous service? Google served me some "The Advanced Light Source Accelerator Control System" from Standford, literally keeping you in the dark  |
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Strong,but expensive
First and foremost, be welcome! (rep on first poster) Well there is a reason to make it divisible onto eight digits. And there ain't no Entry Barrier to get involved with it. The current valuation looks to be somewhat on a high peak even on my naked eye, but nobody is forced to go all in just now. Stick with Bitcoin, fetch some comfortable amount, don't rush but no loosing sight on it either. Has done me very well during the last two years, quite the opposite from other investment opportunities. |
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Quite frankly I would personally trust Roger Ver more than the bad boys from ETH with all the failures like the DAO and such. Bitcoin hasn't failed, yet. But if people dont fix this fucking fee problem in the next 1 year or maximum 1.5 years, then it's toast. I will have to consider abandoning BTC then, although I have been here for more than 3 years, it will be a very sad day for me when I will have to leave BTC. So 1.5 years is the maximum you have until this issue doesnt become critical, because the fees are already increasing, and with this pace it will be like the banking fees. Nobody will use BTC. The DAO has been a blunder on epic scale, but that isn't even uncommon from BTC's history. Program code does fuckup and did on most of these crypto projects. But did that killed BTC or ETH? No, they do recover and the brave survive along with them. "Bitcoin hasn't failed, yet" just ain't not true. Nor does anything alike some "deadline" exists. This is a new frontier, a rush of sorts, stop thinking along corporational Milestones or similar crap. |
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It's a good tool if you mess up & make a transaction with a low fee but they're heavily pushing/shilling for BU so it's not really for the right reason.
And their success rate stands up against the remaining network hashrate. Initially Bitcoin has been permissionless, so any participant has not been forced to join this-camp or that-camp to be able to participate. If I am forced to join any coalition to be able to transfer Bitcoins, I'm out of this and joining PayPal again. |
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You are correct that a widely distrbuted mining landscape is healthy for the network. No argument there. Which is, from a technical perspective, most probalby related to RAM useage. The tintier the required mining chips can be the moar centralisation seems to be awaiting us. Is it even possible to tamper on the mining algorithm in Bitcoin? A simple requirement to reach back onto arbitrary blockchain history data would cut a sharp end onto current misdevelopment. |
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I don't think that miners are behind the delays, could be an spike of transtactions (or someone spaming the network). Some blocks have near 2.000 transactions and others more than 3.000 but all are full (around the maxium 1.000 KB)
That's technology related. Of course in a quarrel blocks ain't empty. According to https://bitcoinfees.21.co/ there aren't any mentionable amounts of Zero Fee transactions, so no spam. Regarding the accusations against the chinese operators well they would cut their own flesh. There is no interest in throttling the network, since that hampers adoption on a grand scale. |
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Peter Schiff and Brian Kelly Debate: Bitcoin or Gold?
Why not both? There is no reason for a binary decision. In your kitchen shelf you aren't storing only beans or only potatoes. If civilisation seems at risk maybe more gold and lesser bitcoins is adviseable. But we are currently walking into the other direction, technology sphere prospering around the globe. |
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Wow, that's a beautiful beach in Cuba ... commies can ruin anything.
I highly recommend you watch The Cuba Libre Story on Netflix. Yes, Che Guevara was communist, but Fidel Castro was opposed to it until the US branded him as one. At that point he had no choice but to embrace the Soviets. That said, we've never seen real communism on a national scale. We've seen autocracies hiding behind a communist banner. The central tenant of communism is worker owned businesses, not state run economies. yea, but now the concept of communism is tainted by those autocracies, so we may never see a real one. least in our life times. Certainly not an entire nation-state. Communism is alive and well on a small scale embedded in every nation. Even in the uber-capitalist US, there are companies who are nearly entirely employee owned. There are many advantages of such a structure, starting with the ability to look more at the long term consequences of decisions rather than focusing on the next quarter's earnings. Next comes every activity of an independent character, so self-employed persons are dubbed beeing commies. |
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