Bitcoin HAS to hit 1 million dollars per coin, there's no other outcome if it's a success. The supply is too limited, and the marketcap is tiny right now. Make the marketcap higher where it should be (on the trillions right there with gold) and you'll have 1 million per BTC. Party hasn't even begun.
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Should i buy my first whole bitcoin ?
I just want opinions, would you buy a whole bitcoin ?
Please re-frame your sentences. You want to buy whole bitcoin? LOL! I think you are asking to buy 1 BTC right? If so then it will be your decision. Probably now is the best time to buy 1 BTC because price will rise two folds after next halving begins from June or July probably. Do not wait for price to go down to $350 because Bitcoin is now stable at $400~ and it is not going down as I am noticing everyday. Nor it will either. Honestly I think you should. If you follow the news you will find that bitcoin has things going on. The price included. Seeing so much volume everyday says enough.
Right now is a 50-50 try IMO, BTC price can keep overshooting up like the previous time when it went as high as $1000 dollars or can fall after increasing to this level, buying at a more stable time might be a good idea...
Should i buy my first whole bitcoin ?
I just want opinions, would you buy a whole bitcoin ?
I think its depend on your reqruitments why you need bitcoin? If you want to earn money go buy bitcoin then trade it, you can activly buy and sell bitcoin on bitcoin exchange or exchanging crypto but I think its most risky than exchanging bitcoin to fiat, if you want to buy bitcoin for purchased some virtual things, as for me buy bitcoin for long term investment and as an payment processor, just saying Not sure if it's the best of times to buy but if you wait you may never see this price again. Definitely go for it if drops below $400 in the next weeks (I doubt it).
I am wonder why you are waiting. I do not think it will drop below $400 USD in the next few weeks if at all, but if it does buy fast for it will be on the rise shortly after. So again, back to the question, why have you waited so far, go buy now.
He has. None of you read the thread. He already bought his bitcoin. 3 days ago. Is already holding. And was planning on maybe buying more to trade. https://bitcointalk.org/index.php?topic=1308852.msg13398056#msg13398056 https://bitcointalk.org/index.php?topic=1308852.msg13398214#msg13398214 maybe better lock this thread op. Then reopen later or create new one if you have something else to ask. Good job for him in buying his first full Bitcoin, but I would advise him strongly against trading. Im assuming he is new on all of this and doesn't even have former trading experience. I would stay away, just hold.
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I know some people that bought right at the top, the guys were so pissed off and solt at a loss, bunch of idiots if you ask me, since to win with Bitcoin you only have to wait, and this year we will go higher than ATH, but the weak hands will not reap the benefits.
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I was just wondering about this. As far as I know, the algorithm works in a way that will ascend you to Legendary member if you are in a range of activity from 775 to 1030, being totally random when this happens in this period. Im just wondering if someone nailed it right on 775 and what are the chances of doing so.
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Well, there are some super avid chinese scammers out there, look at the MMM global super ponzi scheme, it was a success, so much people involved. Litecoin will always have that extra edge on the rest of alts since its in the global conscience of people "the original alt". BTC is king, and LTC is king of alts, so LTC will always be prone to get a good pump when king starts running to the moon again. Im not gonna risk it tho, all in for BTC.
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I have a personal single rule that I always use. I play a quick game of progressive win slots, and if I do 5 spins with bad luck, it means I must stop right there and not continue if I don't want to enter into a spree of massive BTC loss.
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There will only be 21 BTC ever and we will all be dead before they are all mined so that means you need less than 21 BTC actually to become part of an ultra elite of less than 1 milion of people to ever own 21 BTC. So I would keep buying BTC until you have 21 then wait for 10 years and retire as a filthy rich man.
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1000 satoshis for 1 dollar would be pretty good. It would be like using those old currencies from the old countries before unions engulfed their national currencies creating the Euro. Back in the day a lot of currencies would of around that value.
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With gambling it's impossible to make an informed bet, only you can try to guess your chances to win in raw statistics, with stocks you can implement an strategy which can contain raw statistics (technical analysis) and context and evaluation of the situation as well in other words an informed bet (fundamental analysis).
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That won't happen for obvious reasons.First off all,people like Dan Bilzerian and May wheather are dumb.They won't find the idea of owning a cryptocurrency nice as they like to show off with real cash and buy real things like expensive cars .They are more inclined to fiat as the things they purchase only accept that.They don't really believe bitcoins as an asset right now ,when they start believing it as an asset me might see them gambling with bitcoins.
Well you got people Mike Tyson giving access to a Bitcoin ATM company to use it's image, so it's all about approaching them the right way and they may agree. Also I wouldn't call these guys dumb... they know what they are doing, his flamboyant image only makes him even more money, if he was a regular guy he wouldn't get as much press.
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Bitcoin is anonymous, Maybe they have already tried their luck? Bitcoin has been in news for the last months due to a fake claimer calling himself as the creator of Bitcoin aka Satoshi. I think they wouldn't do it anonymously. They know that if they did bet on Bitcoin, it would bring them media attention, and those people crave for media attention, in fact all the money they make is due that, so they would make it as public as possible to get on the headlines.
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if this is another thing about brute forcing private key from public key etc, then it will not work as you think, at present it's impossible, if it will ever be a threat it would be when everyone here is died already
Not even, since as time goes on, the algorithm in Bitcoin can be improved just in case any advancements in cryptology pose a serious risk in Bitcoin's security. Worrying about this is certainly a waste of time and needless stress.
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Nice timing OP, price is recovering really good, it seems like everytime makes a FUD post after a correction, the price starts going up again, quite hilarious to see. As for 2016, I can see the scaling debate being settled and new exciting BIP's being deployed, not even to mention sidechains... the future is brighter than ever.
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No I do not think he is Participating as in posting, but reading? Possibly.
Well, reading it's pretty much 100% guaranteed... I mean, you make a history-changing discovery, release it to the world, and then leave to forget about it? It's impossible, im sure he comes in here almost daily, using Tor or something to stay safe. Posting is another story.
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Bitcoin's usage will only keep going up as society becomes more and more monitored by governments as they get rid of physical cash. By then Bitcoin will be 100.000+USD and an insanely valuable asset since it will be the only way to escape tyrannical gov control.
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Guys like Dan Bilzerian and Mayweather are huge gamblers. How to get them to start playing on the Bitcoin gambling game? this would bring lots of media attention which at the end of the day is all that counts. Those guys talking about Bitcoin means lots of new people starting in the gambling Bitcoin ecosystem since they have millions of followers.
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Although Nano does look like a generic USB device, it's really easily recognizeable by someone that was willing to steal you Bitcoins.
OP, to achieve what you're aiming for, the best way to do it is having an encrypted wallet.dat on a regular USB device. I don't think that there are any hardware wallets resembling/mimicing/imitating a generic USB drive
Yep, nano is again a pretty cool looking wallet, but easily recognizable. I guess my only alternative for now is a generic pendrive with an encrypted wallet.dat inside a hidden volume, maybe with veracrypt? but anyway, the point is to have the functionality of the hardware wallets, this idea wouldn't allow me to use in such way.
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I also left some cash a while ago in blockchain.info, and I almost had a earth attack when the password I was setting didn't work. I managed to end up being able to access I don't know how, but I had some problems like, balance would show 0, then after some time it would show the correct number. I can't imagine what would happen if this happened to me with a real amount of money.
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The wallet It looks so outdated. For me to get more into bitcoin should need some wallet improvements. Better filter options and graphical changes.
The bitcoin core wallet is designed to be as minimalistic as possible, because it's mostly to run a node, even tho, I agree with you, if we want to give people an incentive to run nodes, we should start by making the wallet better as well, give it more features. I can't properly order my send and receiving addresses.
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I don't understand why would you wear with you something that's known to have Bitcoin inside. I want something that look like a regular USB pendrive, with built in encryption (upgradeable over time if improvements in the algo are released or whatever), and hidden volume so you can use plausible deniability. Now this is the ultimate device to carry Bitcoin around and don't fear that some punk is going to steal your money. Even if you are a small time holder with not many Bitcoins like me, carrying a Trezor around is too risky, because people may think you are rich or something, when you are just carrying like 100 dollars.
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