|
Bitcoin will be around no matter what happens, thats what's good news. No matter how much the dollar lasts for, we all know its ultimate demise: Collapse. Even if they can keep the show running for 30 more years, the decline is a gradual one, which means it doesn't take 30 years for BTC to be the safe haven of a failing economy and us visiting not moon but jupiter.
|
|
|
|
|
The thing with this is, I expect a lot of the BTC to reside in china because major big mining companies are around there, so we would need the Chinese posters to be aware of this and vote too..
|
|
|
|
Disable change addresses. They are the worst when it comes to reveal your bitcoin addresses. Then, always, when you want to do a transaction, think about from which address to send. If you don't want that an address is revealed, maybe because you are invested in a scam company with it, then send the funds to an exchange. Every transaction to that exchange let you give a new address there. You don't want them all go the same address. Then you can send them back and you have fresh coins.
If you sent already from one of your addresses then think about that too. Maybe you don't want that one of the receivers of the transactions does know that you sent to the other service and so on.
Simply use your brain and decide which amount to send from which address.
But everytime you put money in an exchange the transaction is linked to some data of you, at least an IP and email address. Also, for the mixers you are trusting that they don't keep logs.. its centralized. Hopefully in the future there are better alternatives. It works for now tho and generally should give you a good level of anonymity if you want that. |
|
|
|
|
It looks like a positive idea, but i'd rather stick with Mycellium if I want to do any Bitcoin operations. I can imagine being drunk and coming back from partying very late, checking your phone and thinking you are talking to some girl called Julia and doing something stupid.
It's better to have your money related stuff separate and encrypted from social stuff.
|
|
|
|
|
I've actually forgot at this point, but I think the first that came inside my Bitcoin Core wallet (Bitcoin-QT back then) was some satoshis I bought in VirWox in exchange of second life lindell dollars as a test, bought with paypal. Ridiculous fees.
|
|
|
|
It's far from stable. The marketcap is tiny when compared to other companies. BTC marketcap is about 4 billion dollars, something like Paypal has 50 billion dollars. Now, consider that BTC's ultimate goal is surpasing Paypal, Visa, Mastercard, all put together. This puts BTC on the trillions. Anyone holding a coin by then will be a millionaire. |
|
|
|
How come you don't have an option between $10k and $100k? I think it will be in the $50k range by Fall of 2020, but I'm not sure exactly where it'll be at the start of 2020. Probably in the low to mid four-digit range. 2020 would be when President Paul has to leave office, after having served two terms, so there will be some volatility, naturally.  President Paul's second term won't end until 2025. Why are you assuming Paul has even a chance at winning the elections? I've always thought elections are literally rigged, so no matter how many people vote someone like Paul, he will never be elected as president. They'll make it look as if it was a close tie or something, to get away with it. |
|
|
|
|
I still remain neutral. My life hasn't changed much. I've made some BTC, but I wasn't there to buy at the right moment and selling at the right time.
Our only chance unless other lucky strikes are meet, is BTC going to 10+K over the course of the next 10 years, and selling some (not all) of it at ther ight time during a mega bubble, then buying back as it recovers again.
Then again, to make interest out of that money one would need to convert to fiat and pay taxes... fml.
|
|
|
|
Chinese people are the most hard workers people on the earth. They work even for salaries which in other countries no one take in consideration. For this China is developed so much in so few years and have the best and the most stable increased rates of its economy compares with the most countries. All the other words are only words. Gamblers exist in every nook of the world. And no nation can identified as a gambler because gamble some of them.
Edit: I am not a Chinese.
Sooner or later the Chinese will want more rights and will wake up from being worker bee drones. Right now they are that hard working for small salaries because they are oblivious to the scam they are victims of. |
|
|
|
Is the bitcoin price way under the real price or in the bubble I don't know, but to be safe I would buy 10 BTCs and store them in the cold storage. With today's prices, this is not too much money, of course if you have any spare money to invest.
Yet, if this takes off, the sheer math ghat there is only 21 million max coins on 7+ billion people shows you a real potential.
And there's more.. it's not 21 million max coins, it's 21 million - the amount of coins that are lost forever which are a lot already, - the amount of coins that aren't yet mined at that particular moment in time. If demand is highly increasing then 6 figures of BTC are easily achiveable on a trillion marketcap. |
|
|
|
I've considered lending before, but I cannot trust it, too many people default, and the defaulters get away with it. I wouldn't be able to sleep at night with my BTC hosted in some other place that isn't my wallet, and then add the fact people default all the time... I don't really see the point. Has anyone used BTCJam for more than 1 year? what kind of gains have you made and how much did you invest? |
|
|
|
With banks, only law enforcement (LE) can trace your (non-cash) fiat transactions.
With Bitcoin, everyody on the planet with just an internet connection and a copy of the blockchain is the LE.
Kinda true, but not really. For someone to bet the LE the guy would need clear proof that the address belongs to a real, particular person which is a very hard thing to prove. Monero is great but I don't see it ever replacing BTC, you need a certain level of pseudo anonimity for something like that to work. Is it true tho that Monero seems to be more e-cash than BTC is. But with both currencies, as soon as you go into fiat you lose anonimity, and with both currencies, if you stay within crypto it's pretty damn anonymous. |
|
|
|
That's not really that weird, just a whale that's intelligent and wants to change his deprecating asset (gold) for the future (bitcoin). I think the really weird shit is probably deep on the dark web, and I don't want to find out what that is. |
|
|
|
Trezor is pretty awesome. Can have any number of wallets hidden behind not only the PIN but also behind passwords. A different password used is a different wallet(collection of addresses) tree. All derived from the same backup seed. Also, from what Ive read, using electrum-ltc you can generate an LTC(seperate seed/wallets w/ passwords) wallet in trezor alongside ur BTC wallet.
But it's prone to failure. A pass protected piece of paper wrapped in fireproof material will survive floods, fires and any other external factors, that's something trezor is missing. |
|
|
|
So I've been working in a tech company for 4 years now and my experience is horrible. The management is completely incompetent, the documentation is missing - nobody knows what to do when you ask them to do something. We have been also using a software from HP, which is a crystal nightmare. A NIGHTMARE. You cannot possibly imagine how bugged it is. They bought it in 1990s from Mercury Interactive, sacked the dev crew and stuffed it with some amateur programmers from Kolkata.
This could never possibly survive under the free market and in competition. But there is none, guess why? BANKS. Yes, our major contractors are banking and insurance companies, the older the worse. Communication with them is terrible, they can't speak english, they have 10 subcontractors. This is doom.
But guess what? They can print money, they don't need to be successful for that.
Let the cancer puppet show end, Bitcoin, I beg you!
All of that will get automated by Bitcoin and it's blockchain, but it will come with a price, you and them will probably go unemployed because the blockchain will be more effective than all of you, but the good news is BTC price will go so high by then that you'll be able retire if you are holding any decent amount. |
|
|
|
The bulls just went on vacation after that massive run. After that they need to recover from their hangover's and divorce their new hooker wives. Once all that is cleared away the bulls will be back for another. Things are just getting started.
If you think about this thread is nonsense. It should be bull party forever, or at least while 1 BTC stays under 1K. Anything that's less than 5 figures BTC = cheap as fuck BTC for any long term investor. Do not agree? enjoy your lack of long term vision. |
|
|
|
Honestly i did not see it coming, after a long period of boredom in ~230 range i was actually exited so see it finally touch 300$, but i guess the party is over now. The train wont be leaving any time soon.
You and I have no idea if the train will stay within 230 range or not. The thing is, if it stays, it's good news for anyone with grey matter and not enough BTCs to call it a day and just wait and hold. Those of us that barely have a couple should be welcoming any day of a low stable price, it just means another day where you can make more BTC easier than if it was 4+ figures. |
|
|
|
|
"Let's just print some more money to makeup the growth rate and make it look as if the economy is recovering"
Same trick as "let's give people shitty minijobs so the unemployment rate looks nice and low and we can win the next elections and brag it out"
It's all smoke and mirrors, the economy still runs under the same scams and dead ends, keep stacking metal and BTC and don't forget land too.
|
|
|
|
... and most important: trools are not commenting my OP, because post would be on top, therefore I will comment it now and then and take care that everyone will read OP.
I think the trolls are getting more and more wary after we've crossed the 300 barrier 2 times already. They are scared to scream "OP IS WRONG IT WILL CRASH" FUD because they could be proved very very wrong. |
|
|
|
There many ways to get rich. Start from hard work or win some lottery. IMO being rich is combination between hardwork and luck. As long as we keep focus and think positive on our job, it will lead you into some point that you've not expected. quote from Bill Gates :I failed in some subjects in exam, but my friend passed in all
Now he is enginner in Microsoft and I am the owner of Microsoft He failed in exam but we dont know how his struggles until get success for now. And imo hardwork and luck are key to get success, which sometimes success is not equal with rich. Hard work and luck formula basically defines all it takes. Hard work = the amount of lottery tickets you buy, the more you work the more lottery tickets. Luck = that one of those lottery tickets make you go big. Be either going worldwide viral with your music or films whatever, or having your investments go sky high. My lottery tickets are every single BTC i make. And luck is just not even luck for me, because im convinced sooner or later 1 BTC will be worth a lot, it's just that people aren't aware yet of what we have on hands on there. |
|
|
|
|
Show Posts
