The price of Bitcoin one year ago was $325.59, the mean has been broken on the positive say. The numbers are green and the uptrend is therefore solidified. Cool page to keep track of this very remarkable stat on the Bitcoin price: http://oneyearbitcoin.info/I still remember all the naysayers saying "Bitcoin will never recover". Well guess what, this is the ultimate proof that Bitcoin can recover from the worst nightmares.
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Your NYCness is going to be a serious problem. There is Bitmex which offers pretty insane leverage but they're yet another one that won't service NY state residents.
Btc-e does something with MT4 and they'll never care where you are but it sounds like a pretty cranky system.
Well, Bitcoin is on the internet, it doesn't care where the user is. Of course the problem would be getting fiat inside the Bitcoin ecosystem when you are located in NYC. Honestly I wouldn't risk it with leveraging unless I was pretty wealthy already and wanted to make some crazy gains. You are still going to make crazy gains by just buying and holding Bitcoin for a longer amount of time and you would be able to bypass the NYC Bitlicense bullshit throught maybe meeting up with someone IRL and buying the BTC for cash. There must be ways to do it and this seems like one.
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Am i missing anything the date is not one year. Satoshi Nakamoto Sat, 01 Nov 2008 16:16:33 -0700 In fact it is 7 years and not one year, but who published this?
What do you mean "who published this?" this is Satoshi Nakamoto himself (or herself... or itself??) releasing the Bitcoin whitepaper for the first time ever. There are no other instances of Satoshi Nakamoto ever writing on the internet before this. The importance of that post is yet not understood. This will be studied in history books years from now.
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There comes a time when it all ends up with this: You have to take a decision on where you are at, and you can only have 2 options 1) You get on Bitcoin now and acknowledge his potential then reap the benefits later 2) You keep being a skeptic/hater and become a laughin stock later, just like the "the world doesn't need computers" guys.
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Wow another one? I was still reading the thread by Gavin. I think you should have spaced up a bit the AMAs, too many to follow if you have a tight schedule, but I guess it's a good idea to try to boost traffic on the website since it's new. I still need to make an account, i'll read the AMAs on the weekend when I have some time, unfortunately there's no way I have time to participate.
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Bitcoin never left. It just went into hiding so the morons that are here for quick bucks would leave. The real believers that understand the technology and know it will be 100K in 10 years keep buying. Bitcoin gave them the gift of buying sub 200 Bitcoin once again and now they are holding and laughing while their purchasing power increases.
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Gold is insanely more costly to mine than Bitcoin. No matter how far you go into the future, Bitcoin will always be more convenient, and less aggressive with environment. Bitcoin will never require massive amounts of terraforming and destruction of land to try to pick some small amounts of the thing.
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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.
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It is too early to be very positive about current prices. It does not show long term rise to higher points. Just hold your breath guys. It is still early. Be ready for downwards trend.
Nothing the comming year 2016 will show what the price is up to in the very longterm. Currently everything you see is short term. Every long term starts somewhere. It could have started right now. A solid and stable uptrend until in June we have an huge panic selling rally pushing Bitcoin to 5K a coin is perfectly possible given the current coordinates. I might suggest that you keep stacking Bitcoin at any price under 500 dollars, then start buying slower but steady.
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Yes, 1k ATK peak will look like a drop in the sea in 10 years. WE are talking 5 figure Bitcoins and above in 10 years, because the marketcap right now is specially tiny. It's only 4 billion, other companies have hundred thousands of billions of dollars. It's a VERY simple math. Small supply, big demand = Bitcoin must be 100K +dollars, there are no ifs.
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Nice. From these i've seen: Ulterior States, Life on Bitcoin (the CNN one) and "The end of money as we know it". Im going to watch the russian documentary one later. I am very interested to know how things play out in russia with Putin trying to ban it (and volume in russia going up as a result).
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The first time I knew about bitcoin was about 3 years, I read an article in The Economist. I did not take it seriously. The bitcoin has grown a lot since then.
The first time I found out about Bitcoin 3 years ago, I too was an occasional reader of The Economist. I stopped taking The Economist seriously. Lol, I also found out about Bitcoin 3 years ago because I saw it on TV. They were talking about how it was a tool for terrorist and drug dealers on the "dark web" and the price was at about 700 dollars the first time I ever opened Bitcoinwisdom.com. Good ol times. Luckily i saw the light and stuck around waiting for a lower price to buy as much as possible. I knew even at 1.2K was insanely underrated.
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Bitcoin was already in some TV show and guess what, it was for the same reason, the guy had used Bitcoin for criminal activity. It's clear that we are going to go now into the media attack campaign, the big media machine will get orders from the powers that be to start shaping Bitcoin as a tool of terrorism for the common sheep. Too bad this will only help us reach moon faster.
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The difficulty differs with different countries. Most countries does allow Bitcoin and have clear regulatory measures for it. However, for those who don't, the acceptance rate could be very low and there is no need for people to open an exchange there. In my country, it is easy with several exchanges open for me to use.
In the entire USA and Europe the regulations are mostly the same. I have no idea how does it work outside those 2 continents tho. It seems that the best way to get BTC is still good ol local Bitcoin. Just be sure that the dude you are dealing with has good reputation.
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Is OP make this thread to collect information about how many bitcoin someone have? I mean, look how many people shared how many bitcoin they have ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) Or maybe someone did it? But, i'm surprised to see few people still collecting faucet even they know about mining, signature campaign or trading. I think that people who still collecting faucet is don't have ability to do signature campaign or anything else. Maybe someone who kind can teach about it. Honestly, to get 1 BTC is difficult enough for me You can make a decent amount with signature campaigns, but you need to be consistent, and you need to be high level in the forum (ideally Hero Member). To be Hero Member you need 490 activity. Activity only increases every 14 days. So do the math. It takes more than a year to be Hero Member. Maybe in a year it's impossible even with Hero because price is too high, so I would just buy more now.
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I am loving this rise. It is making everybody look up and notice. Something big is happening here. And fudd to the naysayers. I estimate at this rate of increase $321 by the end of the day as I don't think bitcoin markets have a bell like the stock exchange ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) 24/7=bitcoin never sleeps. No need to wait for the end of the day, in some exchanges it already hit 321. The guys that are dumping aren't doing any thing to the price. Look on Bitcoinwisdom, there is a big red line going down every X hours, and then it continues climbing. Good uptrend with good volume.
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It's simple. On the back of their minds everyone with a minimum of grey matter on their brain know that Bitcoin will be insanely huge in the future. What does this present us? Well, what we see: An scenario where everyone is waiting for the next guy to make a move. They are all afraid to be the first that buys. Once someone starts buying, everyone else starts buying. We'll see morons dumping their cheap coins along the way. Already happened, just look at the graph and look for the long red lines. Yet we still going up.
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I think the main driver or factor that will ensure bitcoin will continue to appreciate in value would be that the next generation of people I presume will be more competent and skilled in network and computers and that is where there will be continuation. And furthermore world population is increasing the amount of bitcoin available will not be enough for all. I assume that is also one of the factors.
Indeed, there are teens now that are 14 or so and that means that Bitcoin has existed for half of their life. Those people will be the first generation of people that grow up on a Bitcoin world. They will be the ones that will see it as second nature. But as a way to compensate for us being older, we will be ahead of them and we'll hold bigger amounts. Ironically, the older people will also be stuck on their old ways and will not make it, they will never understand it. The guys that are middle aged right now are the ones that will get richer from Bitcoin.
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All countries have severe non payable debts: http://www.usdebtclock.org/Other countries: http://www.usdebtclock.org/world-debt-clock.htmlThe whole world is prone to collapse due an insane amount of never ending fiat cycle where more and more money is created to try to pay the debt which in return creates even more debt. It's madness. Only Bitcoin can return us to the correct pays of sound money.
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Well, the price has gone up since that picture got taken, so now it would take even a whole lot more of papers stacked up in horizontal position to fit the equivalent in Bitcoin within a picture ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) And wait until we are 1K+ again, then it will be pretty funny to see the equivalents in paper.
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