Again, no where near this in any foreseeable future. You're talking about a single currency that does a couple hundred millions dollars of trade on its most dramatically active days, versus an exchange comprised of hundreds of billion dollar companies, and which turns over hundreds of billions of dollars of value in a 7 hour period on its slowest days. Bitcoin is literally thousands of times smaller, and the presently unbanked will join the traditional banking system in larger numbers than bitcoin, thus ensuring bitcoin trade never overtakes NYSE.
Never? So when you will have thousands of online businesses, tons of new concepts and many new members. Foxes market volatility is dying, they print so much money that all fiat currencies will die in a stalemate. Forex traders will love bitcoin they are already joining us. |
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Best way to earn 2+ btc daily? Buy 20+ Legendary/staff accounts for your family and then start farming  Sounds nice, but c`mon who is basing their business on the forum? It is possible, but really the prices swing too fast,and the sig campaign may be gone by the next 2 years. |
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Use NXT built-in exchange.
You can change BTC into NXT, LTC, etc throurh coinomat, and its very secure.
No need to worry about exchanges stealing your funds anymore.
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Save up, buy a mortgage. Instead of spending money on beer and Mcdonalds spend it on paint and tools. Once the house is an acceptable standard start renting it out. Save up to buy another, rise and repeat.
But you need capital just like anything else to start a business venture. How long do you think you would need to save up to get a mortgage so you can get a house? Renting out requires you to be a landlord so that would mean to quit your day job if you have more than 2 houses to do repairs and collect the rent from tenants. A lot of work involved. Old houses always have problems and in need of repairs every year. Who can afford to buy a even a semi-new house now? $400k, no body has money like that just laying around anymore with the economical state the world is in now. Probably, here you can buy about 20 apartments with that money. Each month you get about 30-40 € rent from each, thats about 800€ monthly. Of course it will be less after taxes and whatnot but it can be a decent earning. But who has 400,000€ lying around? |
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Yes and no. I am holding for a price increase, but i`m also not holding only for that, because I done really plan to sell move my bitcoins. But i`m planning long term, and only spending later when it becomes a real deal in 5-10 years  |
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Still waiting "soon" we'll take the world..
Stop waiting, that soon might be 30 years. Better concentrate on earning more bitcoins and developing it. The demand will come after. |
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Yea maybe with some trimming, if somebody accidentally copies space next to the bitcoin address, the space should be deleted or it should give a popup that the address has space next to it. |
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I actually think it's a good sign if we return to normal BTC volumes that we would regularly see but maintain this price level of around $380-390. Keeping a stable price level around this area with a normal volume would be a good sign that this price level is here to stay in my opinion - it's been relatively stable the past couple days.
It gives more confidence isnt it. Merchants and shoppers like stable prices, instead of huge volatility. I would also like it bitcoin would have a stable growth, but only after it reaches more than 10,000$  Perhaps.  I do think that if we do drop down to a lower volume but maintain this price level we can be sure that it has stabilised for now and is unlikely to drop back down to the $200s, so I'm actually quite looking forward to the volume dropping more as long as the price remains the same! It has so far But that is not deflation, because the coins are still there isnt it? It's not like throwing 100$ into a volcano and get destroyed? It's still existing, it's just that it's perma-locked, plus you have no way of proving really that the private keys are lost. The owner can sit on it 100 years and his grandsons find his lost private key in some old shelf and then spend the money. What really happens is the money velocity goes down, which is deflationary in nature, but it could indicate less demand too, so that is not "deflation" as it's commonly defined. |
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I actually think it's a good sign if we return to normal BTC volumes that we would regularly see but maintain this price level of around $380-390. Keeping a stable price level around this area with a normal volume would be a good sign that this price level is here to stay in my opinion - it's been relatively stable the past couple days.
It gives more confidence isnt it. Merchants and shoppers like stable prices, instead of huge volatility. I would also like it bitcoin would have a stable growth, but only after it reaches more than 10,000$ |
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I saw that kind of shit too in the nearby countryside, no need to go to Russia for that |
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I follow pretty closely anything that happens in my country but right now we are stuck still at calling Mark Karpeles the CEO of Bitcoin and journalist think Mt Gox hacked = Bitcoin hacked... stuff like that. It shows how beneath of the curve they are (yes im living in japan atm).
The MSM demonization is really bad. If there is no bitcoin community in 1 country, and one watches international news, it can stunt the growth of BTC in that country. The media is just ruthless with bitcoin. |
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I think avatars are not well valued enough. It's a big part of the screen that you cover with an avatar, and they also ask for a minimum amount of required posts. I think 5 USD is not enough to sell your avatar for.
Indeed, thats why i dont participate in avatar campaign for now, but rather promote NXT on my own. It does more benefit to NXT than get a few 0.01 BTC for a month or so. |
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last I heard genesis mining is advertising on billboards. And the information in the financial magazines are not promoting any other blockchain, but the technology itself, meaning bitcoin is the first and the most successful one of them all. Even if financial magazines would promote bankchain, I bet bitcoins community would call them out on it. I mean We've got the hashing power to back the security we're open source and operating on consensus.
Ok but the audience is not wide enough, yes investors are more likely to check out bitcoin than average joe. However you need average joe to have a consumer base and demand. What are the bitcoin companies worth, if nobody is using them? They need more customers. |
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Can you post a signed message with that address?
1AxPR69MZ3FnadhGrG4wMq69Q7svvnqdti jacklito has found this address through vanitygen and now has the privatekeys for it HCr11NL9hdUYHDjMWkaPw8PjbD2LAgLESwqM9RVfG/pZHiBHRFlBvbOREngoCbI/D5/mdB7jp1QbOz3D9g6Luco= Maybe the vanity app has a shitty random number generator, and it generates in patterns that repeat on several PC's. I recomment an audit of the vanity app fast, before somebody gets his BTC stolen. |
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I usually have pet mosquitos in my room, they are the worst pets I tell you.
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I dont smoke, I tried it a few times, but it's not for me.
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Do people really invest in forex?
I do know that some people trade currencies and try to make money out of the volatility.
Indeed, when you have 2 ponzi schemes competing against eachother like : USD vs EUR You can make off money from the volatility driven by speculators, because essentially both currencies are worthless, so you are speculating on red toilet paper vs blue toilet paper, which is more valuable this day? |
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Yes, deflation for me is monetary deflation: the supply of money shrinks. (in a keynesian system due to defaults, as the debt is the money itself)
In bitcoin we wont see that, we will see however price deflation, due to strenghtening: denominated things in bitcoin will shrink in price : both wages & expenditures.
We already see that: as bitcoin price went up, faucets pay out less, but advertising on faucets is also cheaper.
Uhh we almost definitely will see monetary deflation where the supply of money shrinks, Bitcoin being a deflationary currency is one of its critical foundations. Monetary deflation isn't as common in real life, if deflation does occur it is usually price deflation just due to a shrink of the economy and heavily reduced consumer spending. Bitcoin's money supply doesnt shrink, it grows in a logarithmic curve and it stops at 20,999,999,9769 BTCOnly the rate of inflation decreases, that is not =/= to deflation. Keynesianists like to say that rate of inflation decrease is deflation, when its not. They are not familiar with the terms, and these are PHD economists. |
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But do you see any other blockchain going more viral than bitcoin is? I mean why would people adopt any blockchain without it being open source?
Besides bitcoin mining network is currently the most powerful hashing network that there is. No way any bank can recreate the security that bitcoin has already developed.
But that advertiser is being targeted at wealthy investors, not at everyday people. Who reads financial magazines? Middle class and above. What about 60-70% of the lower income class people? Nobody is advertising it to them. |
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The Scams, so many scams happening in this world of Bitcoin.
Cloud mining scams, trading scams, and any other scams.
That's why people stop to use Bitcoin, because they got scammed.
So you stop using fiat cash because so many people get scammed by it: grandma phone scam, e-mail scam, teleshopping scams, shark loans scams,etc... Thats right, you dont, you get over it, and next time be more careful where you put your money! |
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