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The fact is not fully anonymous, then again, if it was fully anonymous, it would constitute a lot of unsolvable problems, thats why having options is the way to go. Lack of merchants too.
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The price increase is practically guaranteed, just a matter of when. I'm holding my bitcoin for the long haul. I want to be a part of the new financial world that will be created around bitcoin.
And the thing is, most people will sell way too earlier. No matter what you think as the ideal time to sell, people will not know when to do it right. Most likely they will sell sooner than they should. Make no mistake I pretend to sell at least 50% once I feel the price is insanely bubbled but for me thats like 6 figures a coin. |
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Bitcoin can be divided infinitesimally (or almost), there's never going to be a problem of liquidity, I think that concept is absurd. As long as there is demand, there will be liquidity. People is free to hoard or to spend it.
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Decent rates, would like to join
Name: pereira4
Posts: 801
Activity: 378
Position: Sr. Member
Coinut username: coinman
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I did 20 posts on 09/14/2015 which should be counted to be payed tomorrow, but my bot says "0" posts. Where did those posts go? They weren't paid on the former period too. Please check it out, I dont want to miss on the last payment that would be frustrating. I wasn't able to do more than 20 because i got tons of work lately.
Also anyone knows the rates for the signature campaign? I cant seem to find it.
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Just by looking at that screenshot I know that I already saw this lecture. It was recorded a while ago. It's very worth checking out tho for those that didn't see it. It's very inspiring when the girl gets it as he explains how Bitcoin can disrupt several infrastructures.at once.
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Having a decent stack of BTC sitting on your wallet is pretty good, but im wondering if there is a way to watch that money grow off interest in the Bitcoin world. Im thinking about how can I grow my Bitcoins passively without having to do basically nothing, just like those rich fiat cunts do. Unfortunately I don't have many BTC but I don't have much free time to work parttime for extra BTC beyond posting a bit on here or what not and that pays peanuts. I do my occasional trading as well but that takes time so it doesn't count as passive income.
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It depends on what people is willing to pay. Last time I checked, 1 Hero account was more than 1 BTC, I saw some selling for something like 1.12 BTC. Legendary should be higher.
Your account is probably around 0.01 at best considering it takes a couple months to get to 42 points.
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For now, block pruning disables block relay. In the future, nodes with block pruning will at a minimum relay “new” blocks, meaning blocks that extend their active chain.
So it's good to know that in the future pruning nodes can still help to strengthen the network by distributing new blocks, and very interesting that for the moment, I guess running pruning mode is just leeching. This is not correct. Bitcoin is not like Bittorrent where the only scarce resource is bandwidth. The bitcoin p2p network actually has a lot of upload capacity right now. A pruned node is indeed a full node. It verifies all the rules of bitcoin. Here is a link for why that is so important https://www.reddit.com/r/BitcoinBeginners/comments/3eq3y7/full_node_question/ctk4lndPlus theres the other benefits of a full node, even if its pruned. You have better privacy for example, because you've downloaded the entire blockchain nobody knows which addresses are yours. edit: fixed formatting So running prune mode has no compromises in privacy and security whatsoever? I don't quite understand this part "Plus theres the other benefits of a full node, even if its pruned. You have better privacy for example, because you've downloaded the entire blockchain nobody knows which addresses are yours." I don't know if you are saying that you have better privacy with full node vs pruned node or you are saying it's the same. |
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The only thing common between the 2 is their disdain for the West.
This actually increases their popularity amongst their own people.
True, but at least Putin doesn't' seem to ban Western culture, as far as I know anyone is free to do anything they want in Russia, they can wear any clothes they like or listen to any music they like. In NK they don't ave this freedom, in NK if they see you listening to rap music and wearing nike you are a dead man walking, that fat bastard doesn't play around. |
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The only thing common between the 2 is their disdain for the West.
This actually increases their popularity amongst their own people.
True, but Putin seems more likeable since he doesn't ban western culture. If you go to Russia or whatever, you can find people listening to western music, wearing nike and whatnot. In NK, the fat bastard will probably kill you if you do any of that. |
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Some people used to call me a paranoid because I was still running Core when a lot of people went for 3rd party wallets that were faster and didn't need the entire blockchain. Well it turns I was right because im still yet to have any problems with Core. Of course I still wish it was faster to download the chain.
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All Greece is doing is dicking around until they can't no longer sustain a cohesive society. EU is not kicking them because they can't, but they might end up leaving themselves forced by the insane pressures of debt and their own fault too (corruption everywhere).
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Price goes up and down all the time. 40 dollar up or down nobody cares. The thing is the price has been extremely solid for the past months in the 200-300 range.
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Moon hasn't begun yet.  Demand will only go up over time as the technology gets more perfected and widely accepted, and supply will severely shrink in the next decade. Come back in 10 years and we'll be in Jupiter laughing at the morons that didn't saw it coming. Right now im too busy hustling cheap BTC. Enjoy the ride or cry later. |
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I agree; cryptographic-currency would be less appreciated without Bitcoin's functionality. At present, Bitcoin's technology is the backbone of most of the other alternative digital currencies; however, when considering Bitcoins future, we have to factor in the notion that cost, price, and value are all different aspects of the same functionality. Cost is the energy required to produce to it, price is what is paid for it, and value is what can be done with it. So, when predicting Bitcoin's future, one must evaluate it from each of those perspectives taken together. One must ask questions such as: is it cheap enough to mine? is its supply stable and affordable? and what are its uses? Each perspective has the ability to skew bitcoin's predicted future if they are considered individually, yet they cannot be considered one and the same.
When one evaluates Bitcoin from the above perspectives, it is understood that for Bitcoin to achieve a more positive future, it would have to become more energy efficient, more widely distributed, and more generally accepted. In the world's emerging energy conscientious and socially equitable economic environment, Bitcoin's functionality will be required to adapt, or it will be forced to yield to a more sustainable technology. It will have to use less energy, it will have to become less volatile on the market, and it will have to become more useful. If Bitcoin can attain those goals, it will have a significant impact on the future of the global economy. If it cannot attain those goals....the blockchain will be propelled forward by the functionality of a more stable and energy efficient alternative digital currency that can be accessed by many and used by all.
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Well right now Bitcoin is way more energy efficient than the traditional banking system, about more distributed, I doubt how you would achieve this without forced manipulation which would ruin the point of Bitcoin, and about being more accepted, well, it's just a matter of time, Rome wasn't build in one day so wasn't the internet etc. |
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Well, if the EU still tries to loan to Greece, they will never be able to repay anything, as the interest gets you more dept. And if Greece is in danger, then the Euro will be too. Euro has fallen badly last two years.
One of the solutions is actually kick Greece out of the EU or GIVE them money to rebuild their country. If Greece can rebuild, then the worth of Euro would be stable again.
Well if what i've researched is correct, there is a treaty that basically says no country outside of the EU can kick a country that's inside the EU, so they can't kick Greece outside of the EU, it's just not a possibility that they can get away with. |
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It's time to look at this graph and get some perspective:  Look how step the curve gets in the following 10 years. We are still lucky to be here able to buy Bitcoins for this low price, so don't waste your time and get ready. We are still early adopters and we will be rewarded by time, just let Bitcoin develop and scarcity + demand will bring us victory. |
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If satoshi nakamoto wanted to cash out in venezuelan money, venezuela would run out of printing paper because they would never be able translate satoshi's bitcoins into physical paper money, the poor bastards.
Fiat paper money will be seen as a joke in 10 years, watch and see.
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price of bitcoin will raise as soon as mining ends... on those day we will see less bitcoins and more interest ,then it can go to 2000 dollars or more but well will take some time.
Mining end in year of 2140, recently bitcoin mining is still alive although the diff is always increased. the price will raise when supply is less than demand, just see in the next of halving time. I think when people say end of mining they mean when the rewards are so small that they start being negligible. So as you can see here, in 10 years things will be be very different, price may be higher than we can realistically aim for now. And in about 2030, things may get start going Jupiter. |
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