$1 Million USD per Bitcoin is an exaggeration maybe it will reach $10,000 USD or $30,000 USD. If ever it happens that BTC is worth $1 Million, there will be a sudden increase of hackers around trying to brute force every single wallet address that they think of because the rewards is surely big specially wallets of those who are in to trading.
A one million US dollar per one bitcoin is not an exaggeration but rather the future of bitcoin. Possibly twenty to thirty years from now we will experience the price of bitcoin that high. It could only occur if there are at least 50 countries that will adopt bitcoin as a form of payment in exchange for goods and services then that prediction will no longer be a dream but a reality. |
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With bitcoin we can hide money unbeknownst to anyone, and I'm sure many a corrupter switched their money out of Panama banks to bitcoin, its impact is the price of the bitcoin continues to rise.
Let me make this clear. Bitcoin does not lead to corruption but rather it is the greed of people that will lead any kind of currency being used to corruption and bitcoin is not exemption. Greed is the cause of corruption and all currencies including bitcoins will be use for that purposes. As long as people are greedy and corrupt then all financial systems in the world is also tainted by corruption. |
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Why Tesla's Solar Roof Is Just Another Giant Taxpayer Gift To Elon Musk There are two things in which Elon Musk is an undisputed champion: creating hype and buzz for massively cash-flow burning products and companies, and abusing every possible loophole in the US tax code to get explicit and implicit subsidies from the government. He demonstrated the latter on Wednesday, when Tesla began taking orders for its solar roof tiles, a cornerstone strategy of Elon Musk's strategy to sell a "green", fossil-fuel-free lifestyle under the brand name of its luxury electric vehicles.
First the bad news: Tesla said the product, which generates solar energy without the need for traditional rooftop panels - assuming one lives in a traditionally sunny climate - will be substantially pricier than a conventional roof but don't worry, it will "look better" and ultimately pay for itself through reduced electricity costs... it just may take 20 or more years for the payback period to occur (more on the math below).
Made with tempered glass, Tesla assures that "Solar Roof tiles are more than three times stronger than standard roofing tiles" and is why the company offers the "best warranty in the industry - the lifetime of your house, or infinity, whichever comes first." There is just one problem: most Americans live in their house less than a decade before they end up selling it and moving to a different roof, which means that the vast majority of Americans who end up buying the new Tesla product offering will have moved out of their home long before the investment pays back for itself.
The solar roof tiles were unveiled in October as Musk sought to convince shareholders of the benefits of combining his electric vehicle maker with SolarCity, the solar installer run by his cousins. Tesla acquired SolarCity in November, and has been working to remake a money-losing company that was selling traditional solar systems into a premium energy brand. To date, other companies have had little market success with attempts to incorporate solar technology directly into roof tiles. It remains unclear whether the products will appeal to consumers as much as Tesla's electric vehicles do.
Being a Tesla product, esthetics are perhaps the most important variable, and as shown in the images below, the roofs are certainly pretty and comes in four different formats:
Textured:
Smooth:
Tuscan:
and Slate, although only the first two are currently available.
 Read more at http://www.zerohedge.com/news/2017-05-11/why-teslas-solar-roof-just-another-giant-taxpayer-gift-elon-musk. Of course Ellon Musk will greatly benefit the project since the company will make sure to make Ellon Musk happy when their sales are increasing. But those innovations were of course will greatly benefit America in the long run and it is a good move towards sustainable energy using solar power. This will lessen the use of coal and nuclear plants in producing electricity and it is very environmentally friendly. |
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President Trump revealed highly classified information to the Russian foreign minister and ambassador in a White House meeting last week, according to current and former U.S. officials, who said Trump’s disclosures jeopardized a critical source of intelligence on the Islamic State. The information the president relayed had been provided by a U.S. partner through an intelligence-sharing arrangement considered so sensitive that details have been withheld from allies and tightly restricted even within the U.S. government, officials said. The partner had not given the United States permission to share the material with Russia, and officials said Trump’s decision to do so endangers cooperation from an ally that has access to the inner workings of the Islamic State. After Trump’s meeting, senior White House officials took steps to contain the damage, placing calls to the CIA and the National Security Agency. https://www.washingtonpost.com/world/national-security/trump-revealed-highly-classified-information-to-russian-foreign-minister-and-ambassador/2017/05/15/530c172a-3960-11e7-9e48-c4f199710b69_story.html?utm_term=.d98b8a87db2fIs this really true or just another fabricated story to destroy the image of the President of America. What is the true picture here? Did the President Really jeopardized and leak classified informations to Russia. And how did this kind of news was posted on washington post and if they see it as a problem why would they publicized it. It is probably a hoax news made to destroy the president. |
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What are the reasons, why people use Cash or Credit Cards / ATM / Banks?
* Work offline 100%
* No fees.
* Accepted for Food Shopping & Micropayments
* 0 confermations time
* 0 exchange risks
* anyone is able to understanding of the value of payment
because they can touch and hold it, people only believe when they saw it literally,as what they have been said, to see is to believe. we cannot blame them for not having an interest on it, just tell them to try bitcoin and show them proofs as well. Both bitcoins and fiat currency or money have their own strengths and weaknesses. While money can be used on the parts of the country without internet and electricity bitcoin can cross the border and can be used in any country. But the point here is that bitcoin and money can complement each other and bitcoin will give the aid to money so users can make transactions around the globe and money can aid bitcoin so that the users can purchase things outside internet access areas. |
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The best prediction is always not existing and not present. All prediction are just based on opinions and is far from the truth but since there are only two predictions just like there are two side of the coins yo just need to choose based on your belief. For the group who believe that bitcoin will have a meltdown they placed these facts:
1. Blocksize problem
2. Existence of ransomware
3. Hackers and scammer
4. Higher fees
5. Slow confirmation
6. Rapid volatility and bubble
But the group that predicts that bitcoin will soar up high and will be stronger than ever and has a skyrocket value has this views:
1. Increased number of users
2. Increased demand which turns to increased in value
3. Adoption of countries such as Japan and Australia
4. They love bitcoins.
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I really miss those old days when a confirmation took just 10 minutes and you didn't need to think about fees.
In the old days bitcoin was still very low in value and the mining difficulty was very low and thus a very fast transaction was the trend. But those fast transactions were full of double spend transactions and was very problematic. Thus confirmation were placed so that double spending will be resolved. But later on confirmation was very slow due to the huge traffic in the blockchain network as well as the increased difficulty in mining. Thus the initiative to place a higher fee was now the trend to get a high priority and fast confirmation. |
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The developers decided to abandon further development of MP3 and terminate the license fees from manufacturers of equipment and software. This leads to the fact that in the future production of devices that support this format will be discontinued.
Although currently there are more efficient codecs with advanced functions, MP3 is still very popular among consumers. However, most modern media services, such as streaming radio, TV and broadcasting, use modern codecs ISO MPEG: a family in the future AAC or MPEG-H. They can provide more features and higher quality audio at much lower bitrates compared to MP3. End of an era of music.
MP3 will still flourish even if the developers will end their project and terminate their license fees. MP3 technology has already been widespread and there are many users of MP3 and as long as there are mp3 players and users it will continue to survive long years before it can finally die out. But it is sad to look at this kind of technology fade away. Hope it can evolve and match other kinds of technology and formats. |
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My plan after high school, I will lecture at the Switzerland . I think this is a good thing, I'm hoping if I study in Switzerland could pay the tuition with bitcoin so people my parents would send money via bitcoin.
That is a nice plan but before that could happen the price of bitcoin could be very high and the schools in your are will be accepting bitcoins a a mode of payment for the tuition. If in case that could happen that your hometown becomes a bitcoin haven like Switzerland will you still go to Switzerland to study and teach there. Switzerland is really the first country to ever used and accepts bitcoin in daily lives and it was followed by Japan I wonder what country will be the next bitcoin haven I guess we should still wait and see It is not yet known how things are going to pan out with Bitcoin in Japan in the long run or what events are set to unfold in the future. Indeed, Bitcoin is being heavily pumped right now with likely a lot of generic folks being attracted to it. But when Bitcoin as per usual goes for correction in due course (which seems to be inevitable), it may cause panic selling between grandmas and grandpas that invested their savings in Bitcoin recently. Naturally, many die-hard Bitcoin traders and speculators will be quite happy to shake the coins from the weak hands, but that might still have negative consequences over the long term as well as backfire on further "bitcoin havens" or "heavens" The backfire you mentioned will take long years to happen and the dump of bitcoins from weak hands will not take long since there are many catchers waiting for the dump as we speak. By next month Australia will going to adopt bitcoins and it will cause another opportunity to increase the number of bitcoin users that will affect the bitcoins price to spike again. |
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Bitcoin has several major crashes. It always returns stronger. Always. The loner you are in crypto the more you will see this is true. Bitcoin will never die. Maybe one day far in the future it may becomes marginalized but it will never die.
Bitcoin is very tough and strong and it can never be stopped by simple problems and attacks. There was the bubble in 2013 but it did not stop bitcoin to grow. Another was the problem on the blocksize that threatened bitcoins existence and yet it continue to excel. Several issues on hacking huge exchanges causing them to lose billions of investment but it was not enough to take down bitcoin. |
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I'm sure many of you have seen the news about the WannaCry ransomware?
Do you think cases like this will affect Bitcoin negatively in the long run?
Even though Bitcoin is not the issue in cases like this, I feel like Bitcoin gets shown in a negative light. Since these hackers are only requesting payment in BTC this is what ignorant people get attached to.
I've heard plenty of people say things like: "Oh bitcoins...aren't those only used by hackers?"
Obviously these people are in the minority and do not know what they are talking about but it seems to be what lingers with some. I also know a lot of people that invest in Bitcoins, mine them, etc.
My big fear is that the government(s) are going to start trying to become involved to help curb situations like this. Does anyone else worry about this for the long term future of Bitcoin?
The big question is...is there anything that can even been done to prevent situations like WannaCry?
The beauty of Bitcoin is that it's decentralized, but will that maybe be it's downfall too?
That WannaCry ransomware has already reached our country, the Philippines. The recent attack on the United Kingdom has been very alarming and the threat is not all about bitcoins but the possible harm of this virus to the important data in the nations. And another thing it will give a huge problem on the reputation of bitcoin. But even though bitcoin will not stop to be on top and such kind of illicit activities are just impacts on the development of bitcoin. |
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It all depend on the technology of bitcoin if the technology will be available on space then there is no doubt that bitcoin will also be available on space but first thing is that we first do not need money on space but first we need people on space and then there demands and the availability of products. Then people will need money to buy these products.
Bitcoin works in a wireless environment since it is using the internet as its vector of communication. This implies that we can send bitcoin to space since we can transmit internet signals in space since the satellite is present in there. Thus it is very feasible to do bitcoin business in space and possibly in the far future we can do business on other planets such as mars. |
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Go the other way. But it all as you wish, not as you are forced. Free enterprise in government. Buy the government services you want rather than being forced through taxation.
Nope, the principle of taxation is that you pay what you can and you get what you need. That's not possible with just public services. The principle of taxation is that you pay. Often you don't get what you think you are paying for. Often you get things you don't want or need. Get rid of taxation. Buy what you want or need. If Government is the best supplier, buy it from Government. But, be allowed to choose rather than forced. And if you can't because you don't have the money for it? :/ Look at USA, numerous people, even with good insurance, simply don't have the money to pay for healthcare... I don't like the idea of death, either. But all people seem to die sooner or later. No money? Work for it. Don't steal it from others, even by hiring a bunch of government people to do the robbery for you through taxation. Taxation is not robbery but a social obligation. If we do not pay our taxes then we can not have the welfare services from our government. Look at the United States their taxes is working on them they have 911 that will give you police power at your service including medical services during emergency. Without taxes there will be no government and the burglar will kill you since you cannot call for help. |
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Converting your fiat to bitcoin is one of the good ways to double your money this day but the side were you said one should not pay attention to crypto currencies news after buying bitcoin is the areas I disagree with you. It will be very risky as a bitcoinist not to pay attention to events that happens around crypto currencies daily.
You can see the current price is rising rapidly, and there are a lot of people get a huge profit even more than 2-fold, just by buying and selling bitcoin. Try to take advantage of this way Trading is the best way to make your money doubled using butcoin to fiat trading. But this is high risk because value of bitcoin fluctuates time to time and it is hard to predict when it will rise and dump. Actually, we can not do the perfect time in selling or buying bitcoin. However, it can be profitable if we apply the principle of buy low and sell high. As what I can see in crypto currency, investing in altcoins are the best in multiplying your btc aside in investing in HYIP that's too risky since it always end up in scam. Holding altcoins couls be tedious yet it's worth it if we wait patiently. You actually get profit when you buy bitcoin and wait for it to increase its value, but it takes time, if you want to double or have at least enough profit invest in altcoin like you said, but of course you have to be wise before investing. Dont even try to invest your money in HYIP's because you will only get nothing. You can also do trading if you have enough capital to start with, and it can give you a big return. Trading is a better way to double your bitcoins instead of investing it in any ponzi schemes or spending them on gambling sites where the chances of loosing your bitcoin is maximum but if you have good knowledge of trading then you can double your coins over a period of time. There are many people telling me that trading is the best way to double your bitcoins. But let us be careful when doing some trading since if we do trading we must also make sure that we have the skills and the knowledge how to make money on the market. Trading is also a gamble and it has also a tendency that you will end up losing your capital. The safest way to earn from bitcoins is to save it and wait for the increase in value so you can profit. |
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Sky-high valuations for bitcoin have helped the value of crypto currencies burst through $50bn, raising fears of an asset bubble in the unregulated market.
A growing number of alternative digital currencies — or “alt-coins” — is feeding the speculative frenzy with values in some rocketing as much as 500 per cent in the past week. A sharp spike in the price of bitcoin, which has risen 55 per cent this month and is worth more than gold, pushed it past $1,900 on the Bitfinex exchange on Friday.
The speculation has benefited anonymous payment systems, which are being used by cyber criminals executing widescale attacks such as the “ransomware” hack that spread across the world on Friday.
Aside from bitcoin, there are more than 830 alt-coins ranging from Litecoin, a challenger to bitcoin, to MiketheMug, a coin that promises to make weekly payouts to holders.
An increase in initial coin offerings (ICOs) — unregulated issuances of crypto coins where investors can raise money in bitcoin or other crypto currencies — is fuelling the market and drawing attention from lawyers and financial professionals.
Many fear ICOs, which are trying to market themselves as an alternative to venture capitalists as a way of raising cash for businesses, breach existing securities law.
“An ICO issues crypto tokens rather than stocks and bonds, but that’s irrelevant to the substance of the activity, which is raising capital from the general public,” said Ajit Tripathi, a director in fintech at PwC. “Capital raising activities need to be regulated to protect investors . . . The question is how sophisticated are these investors?”
Regulators, who in many cases are still catching up with how to deal with bitcoin, are only just becoming aware of this spin-off sector.
Japan moved to tighten regulation of bitcoin trading and dealing only last month. The move forced bitcoin exchanges to register with the state and to comply with know-your-customer and anti-money-laundering regulations, adding costs to their business.
Observers say many individuals are trading alt-coins from corporate IT departments, concentrated in the financial sector and falling under the radar of senior executives. Many are sitting on virtual fortunes, but are unable to liquidate their cash as banks clamp down on measures to avoid money laundering.
“Systems are being used here by employees to increase their own individual wealth. In the process, corporate systems are coming into contact with the fringes of the criminal world,” said Brian Lord, former deputy director for intelligence and cyber operations at GCHQ, the UK’s electronic surveillance agency .
Now head of cyber practice at security group PGI, he added that it was likely very few companies had governance in place regarding crypto currency being traded on their systems.
ICOs, or “token sales”, are also starting to attract venture capitalists such as billionaire and early bitcoin supporter Tim Draper, who announced plans to invest in the highly anticipated launch of Tezos this month. The token is expected to garner big support from the sector’s many unregulated exchanges, many of whom have the capacity to make or break a new coin.
“We are just looking at whether they are going to be popular, they are selling you a dream. The dream is either going to happen or not and that’s why they are exciting for people,” said Arthur Hayes, a trader at Bitmex, a crypto derivatives exchange. “That tension is great for an exchange.”
Other traders were more cautious about the market’s potential. “Is it sustainable? Absolutely not,” said one trader at a dealing venue. “But while it’s happening, it’s happening. The biggest risk is that the SEC steps in.”
Copyright The Financial Times Limited 2017. All rights reserved. You may share using our article tools. Please don't cut articles from FT.com and redistribute by email or post to the web.
Many are worried about the potential bubble that was once occurred last 2013. But if you study the increase in bitcoins value at this time you will notice on the charts that there are no signs of bubble. The reason for the increase in bitcoins value was the adoption of Japan of bitcoin that caused an intense increase in the number of bitcoin users that contributed to the increase demands on the market causing an increase in value. |
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I sent 110 USD to my electrum wallet from coinbase and it's only saying I have 63. Please help me people on the internet - this is why I love you
Thank you for loving the people on the internet but not everyone in the internet are lovely but there are lots of hackers and scammers. But in your case for you to settle your problems you need to contact the support and ask them or tell them about your situation. That is the best way of getting back your lost coins. If you have done it and nothing has changed then you can ask again for another opinion. |
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I wonder as of today how big or small is the penetration of BTC among the global population, in order to realise how much can the price of BTC can grow as more people is using it.
Does anyone know how many people or a % of the global population is using BTC???
We cannot determine the actual number of population that are using or at least 1 satoshi. We do not have a central agency doing that study and since bitcoin is decentralized it is hard to gather information and statistics as to how many are using bitcoin. But in my country we are more than one thousand and we are increasing in numbers. In Japan we can expect that they will climb to hundreds of thousands. |
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Facebook our most potent weapon, UK political parties say Labour insiders who worked for former party leader Ed Miliband insist that the 2015 UK general election was won and lost on Facebook. While Labour built an impressive army of like-minded followers on the social media platform, the Conservatives were quietly using their bigger digital budget to target undecided voters in key marginal seats. “We mistook getting lots of likes as an effective [digital] campaign,” said one Labour source, who said the party is changing its tactics ahead of next month’s general election. Labour is not alone. All of the main political parties are ramping up their use of social media in the run-up to polling day, with campaign managers considering Facebook their most-powerful political weapon. https://www.ft.com/content/c78c3bd0-36f8-11e7-99bd-13beb0903fa3Facebook is a good way to declare your candidacy since you can easily post your accomplishments and you will have lesser cost that will cover a huge audience. But politicians also are weary of facebook political wars wherein different parties are paying spammers to make negative issue about their enemies and destroy their reputation. So when you use facebook there are more negative aspects than positive feedbacks on facebook. |
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Yeah bitcoin is currently failing as a currency, however for remittances it is still cheap. 1$ for a remittance is cheaper than you will find anywhere else, especially for cross border remittances. And bitcoins price has always been based on speculation, its worth what its worth because people are willing to pay that price, not because they are buying anything tangible.
Bitcoin is no longer cheap since the fees per transaction have rose up to three dollars (3 $). But it does not mean that bitcoin is useless it is still useful. Another factor causing the fees to rise up is the increased in value and the increased in the blockchain traffic. Nevertheless we can see bitcoin going up in value and let us just make bigger transactions if small transactions has also large fees the same with huge transactions. |
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Well, if Bitcoin became a legal currency that would be great! If all countries accepted it and engaged it to legalized it's a big advantage. Bitcoin absolutely help people. For my standpoint, bitcoin is the future. It must be legalized for helping many people. Bitcoin is not only a currency but an asset.
Bitcoin was already being legalized in some countries namely Japan. Japan declared last April1, 2017 that they are going to adopt bitcoins as a form of payment in purchasing goods and services. Another country will be also following the footsteps of Japan and it will be Australia. With Japan and Australia having accepted bitcoin we will experience bitcoins value going up to 5k US dollars this year. |
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