Why would bitcoin surpass gold?  Give it time. Even if bitcoin is here to stay, Rome wasn't built in a day. But hey, I'm not one to believe that BTC is about to become world reserve currency, or some craziness like that, either. people like to fantasize about bitcoin taking over fiat currency and gold. it's only not going to happen. what's wrong with bitcoin being an alternative instead of saying it will take over this and that. +1 A scarce digital alternative asset class. Very possible and i don't mind this either. Question is, would its value escalate wildly if its use as an alternative became mainstream? that's the point, it won't raise for nothing, if it would remain only a mere alternative, and maybe a niche alternative, well it depend how big you can see this alternative going mainstream and being alternative are two things that can live together then again, what do people consider mainstream bitcoin usage? world wide accepted by merchants? being able to have a bitcoin balance in your bank account and thus spending it as easily as fiat currency? |
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imho 2014, because there were much more merchants, companies and business involved..so overall impact was bigger for sure.(
most of the merchants use bitpay to convert their bitcoin sales into fiat. which means that they don't suffer even when there is a huge crash. |
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These guys fall into the assumption that the blockchain can exist without a healthy Bitcoin which is nonsense. If the blockchain is a success, it means Bitcoin is doing great because is the native currency in which miners get paid to keep the blockchain going. Everyone will be using Bitcoin, even if they don't know they are using Bitcoin, as the Winklevoss brothers pointed out. It will be the underlying mechanism of all future electronic transactions.
blockchain and bitcoin both need each other, don't think anyone would disagree with that. i only think people expect too much from bitcoin. nothing wrong with it if bitcoin purely functions as an alternative to other services. |
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I see many Cloudthink.io social campaign they pay real but I see something same with Cointellect scam.
it's probably a scam the dev is red flagged, i would not trust it to be honest, and there are plenty of other choice, maybe there are many that joined anyway because he is promising a hight reward it's sad to see how many people will join such campaigns while they know there is a bad smell. they only care about their earnings. |
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People can hack it  you had somehow hacked brain or something? this is one of the most stupid thread which I ever seen.. at first i also posted that this is a nonsense thread, but the dude simply doesn't understand how bitcoin works. i'm sure if he get to know bitcoin better he then realize how bad this thread is. |
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Anything new that happened today? News? Developments?
why do you think something happened? just because the bitcoin is up a few bucks? it's just a wave of nothing that will vanish within a week. |
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i have very bad experience with cloudmining everytime i invest the site always be scam before ROI they always runaway with my money
for now enough for me im very tired with that situation and no more invest in the cloudmining site
it's way too easy for people to create a nice looking site and say you can buy contracts with amazing returns, bla bla bla. people should just think before investing in crap. cloud mining sites that offer great returns is a direct red flag. |
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Interesting. Even if they are not technically on wallstreet this is a good development for bitcoin. Any time it gets in the news is good, and overstock isn't exactly small potatoes.
overstock has shown time on time to be far ahead of other companies regarding accepting new technology. very open minded ceo. |
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If bitcoin dies, Litecoin will die before.
They don't even have devs interested enough to don't give up in something that might be good for LTC
this is opinion It's actually fact. Litecoin has been abandoned for a while. It only got a lot of traction at the beginning because it coined itself as the original alt (when it's actually a fork of Tenebrix) and because Gobble was involved. imagine what will happen when btc-e decide to delist litecoin. the only reason it is still there is due to the fact that it generates an ok volume for an altcoin. |
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Simply put more people need to use bitcoin. The amount of coins in the order books are too small. Bitcoin needs to be implemented into systems that transfer billions of dollars a day.
if the orderbooks were so small as you say we would see the bitcoin price way higher than now. wall street need to get on board or huge adoption, otherwise we won't ever see bitcoin being worth more than $2000 |
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I have a few bitcoins and am going to buy a few more in a day or two. Will have some 10+ Bitcoins then. I wanted to know which is the best investment option where I can invest my bitcoins and earn some profits as their is no point of just holding them and let them stay dead in my wallet.
What's wrong with just holding them? If you 'invest' them you could very likely lose them all or a lot. The easiest and safest way would probably be to just day trade but personally I would just buy and hold them for a couple of years and I''m sure you'll have made much more this way than just day trading or investing in some probable scam. holding bitcoins is already an investment, but as you probably already know is that just holding them is not enough for these people. they want to at least double their coins within a few weeks. |
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not everything has to turn into a higher price. you should know that as hero member. so many of these transactions are dust just to make things look good.
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The problem is knowing when that correction will come, and how big will it be. For example it could come say at $400, and you'd still make a lot of money buying in now. That's the fun part of investing, or I should say speculation.
for everyone that is really believing in the rise, this is the best opportunity to buy, but many of those are saying that but they are not actually doing it, there is still that small % of thinking that bitcoin might not rise anymore, and will remain at current price forever Price can go both up and down, but i seriously doubt that it will stay where it is, bitcoin seams to be dependent on price oscillations. For now, price not going under 200 is a great success. Regarding people saying one thing and doing the other; well, many believe that the price will go back up, but due to their financial state cant afford to invest anymore. cheers it's a matter of time before we see bitcoin below $200 as i don't think current level can hold it for another month. too much pressure. Why? I can't see the selling pressure doing worse than now it's simple. most traders don't have patience. at some point traders will dump because they are tired of looking at the same price for ages. remember that plenty of traders are looking for quick profits. something they are not getting now. |
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Not so sure. Might continue to range this way for some more weeks, couple months maybe. But I think a big move is on the horizon. And I'm leaning bearish on it.
if so, you must have bought plenty of coins to prepare yourself for the "big move" , right? chances are higher to see the price going lower for comming months. |
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so far i have mostly bought digital goods such as vps, hosting and so on with bitcoin. also bought a few small things from dinodirect with bitcoin. great experience.
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I think no
but someone can physically take your bitcoins either taking you wallet.dat file, or exporting private keys or other way
or your bitcoin keys already being leaked from the last time you connected to the internet, it would be safer if the PC was never connected to the internet. at some point you have to connect your pc to the internet, whether you want it or not. just make sure before you do anything, your pc is clean and safe. then you don't have to worry. |
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Trading is not an safe investment.
Most of the times it is as safe as gambling, I think
yeaaah right now trading already like gambling. better I am playing gambling  if you guys are talking about trading altcoins, then yes, it is the same as gambling. people don't understand that, or they just don't care. |
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Bitcoin Core was the first wallet that I ever used/downloaded, I still have it but only use it for change really & the signature campaign that I am in, the entirety of my main stash is in cold storage.
I initially used Core because back then as a total noob I wanted to use the 'official product', basically just wanted to be safe & not get scammed.
It takes way too long to download & even now when I catch up on a weeks worth of blocks or something it often gets stuck on e.g. '12 hours to go' for ages so I have to close it down & start it back up again to kick it back into action.
If I started again as a noob today with more knowledge I wouldn't bother downloading the whole blockchain with Core.
there are other light weight wallets better suited for you if you don't like having the entire blockchain on your computer. but newbies don't know that unfortunately. they don't know what the difference is and complain about bitcoin core being very slow. |
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it was not working for a while due to maintenance. my second favorite block explorer is blockr.io their layout is very smooth and clean.
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Well, one thing that is certain is the fact that the price will go up significantly!
not certain but very likely, the only thing that is certain, is that something will happen, we won't remain stuck forever in the current 220-250 range the hystory of bitcoin is with us, so in theory it should raise it's not that hard to figure out bitcoin will rise in the long run. but currently it has a higher chance to go down. the question is, how low. |
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