It was a failed prediction but it's not that bad, just look at the positive side and think that the lower the Bitcoin price is for the longer period of time the more you can make. It's all about making BTC when it's cheap, because it's inevitable that it will eventually go 10k+, I dont care if it takes 1 or 3 halvings, it will, it's a fact just like 2+2=4, if you fail to see this then you are doing it wrong.
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I`ve wasted some time with getting rich in bitcoin. Now i know its not that easy to do.
However i wasted so much time with other crap that i think bitcoin was still the most productive of all.
Not to mention bitcoin is still growing so it will be better later on!
Same here. IA always tried to make money off the internet and it was always a failure. Trying to rank blogs and videos was a fucking waste of time, now with Bitcoin im finally making some beer money and even if it pays peanuts (sig campaigns mostly) it's better than nothing and definitely more than I ever did with blogs and affiliate marketing and whatnot.
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The odds of scoring it big with google is very slim.
Yes, there is success stories w. youtube, but very few will make those life changing figures. Not saying its not possible, but its obviously way harder then it looks.
Some took 3-4 years of posting non-stop videos prior to all that.
I think its really time consuming to produce content for youtube, you need expensive gear to shoot and a few helping hand sometimes if its a big project. You need nice actors, proper lighting, camera, sound and audio and editing takes so much of time. besides all that, a script is the core of every video, the content must be great. If any of these features are too little or too much, the video isn't good enough. So yes, its time consuming and wth what google pays, I don't think its really easy to make a living out of it if you aren't too good at it. Well you got all those guys making a couple videos a day where they talk while they play videogames, It takes 0 talent and it's fast to do, I wonder how the fuck did those guys manage to have millions of people (which its mostly kids) to watch their shit. It pisses me off how talent doesn't pay off in this system, it's all a big scam. All that matters is the viral factor for the money.
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Well 33% portfolio is not good.
You should risk less than 5% on each investment category and less than 2% on each investment program.
Dont be cowboys guys, bitcoin is risky, and due to scams it even riskier, so be careful with the investments guys!
I think buying Bitcoin monthly with about 10% of your salary (if its rather decent a bit more) it's not risky, in fact, it's what you should be doing. If you don't buy Bitcoin now you are missing on the opportunity to be a super early investor in one of the most interesting technologies in decades. Im sure everyone can find 10% of money monthly that would rather spend on Bitcoin than in other stuff like alcohol or drugs, so you get healthier and make BTC on the side.
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The coin vote thing is a double edged sword. It can seem a good idea but let's be serious, anyone with an agenda and a lot of money would be able to single handedly decide the fate of Bitcoin by buying a lot of coins and voting with them.
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It would be a massive problem trying to legislate this. It will never be seen as something good if it's not properly legislated and regulated, like some said, it will be seen as something very negative, just like what we already got with the illegal porn and the drugs and all that, we don't need more bad publicity.
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We don't need satoshi to come back as the great leader of Bitcoin because otherwise this would start looking like a cult. I think both solutions suck but if I have to choose I prefer the Core approach rather than the Gavincoin one since it would centralize the nodes, while the blockstream approach doesn't.
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I think the main problem with Bitcoin is people is too dumb the see the necessity for it, so most people will keep using fiat currencies because most people don't have a problem with it, only people whose see a real necessity to use Bitcoin (beyond buying it and holding as an investment) will actively use it. Other than that we'll need more time to see the fiat system collapse more to get Bitcoin in the starlight. And anyway people will end up using it even if they don't know they are using it so we already winning as early holders. You are basically investing in the base of the next gen infrastructure by holding BTC.
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As a newbie, what made you download Bitcoin XT specifically, and what made you not use Bitcoin Core or any other wallet? I wonder because of all the drama that we are seeing, why would a newbie download Bitcoin XT unless he's knowledgeable of what's going on and has a formed opinion. Why are you supporting the XT fork??
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Mayweather is supposed to retire September 12 with his latest fight against Berto. The odds are obviously against Berto, which means you will need to risk a pretty big amount of money to make good profits if you go for Mayweather, but honestly who doesn't think Mayweather will win? So if you've got the balls and the money, putting a lot of money into Mayweather winning his latest boxing match seems like a safe bet. Again, it's your money so im not responsible for any loses, just wanna make a thread on this fight for the boxing fans.
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Well I hope you are wrong, but the thing is the economy is on a dead end. If the interest rates go to 0%, the investors will move all of their money to another place = game over. And at the same time if the interest rates are kept those who are under debt will never be able to pay which gives you a worldwide crash, again game over. So as you can see, there is no real solution. The good news tho, is alternative system like Bitcoin would benefit a lot from this, so would in theory gold and silver. I just hope it doesn't take WW3 for that to happen. What would be the point of being rich in a destroyed world anyway.
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A lot of people have this same mindset- "Right now doesn't matter. Bitcoin value only matters down the road". Newsflash, if the price isn't gradually increasing until the fabled "mass adoption", it can never take place. Bitcoin won't spike from 230 to 2300 in one day, and it can't start that movement until the price begins to increase.
Things go viral in no time, a good increase in price is possible. The market cap is too small, any whale coming in could move the price at will and put it at 10.000 per coin. There will be a lot of bubbles happening before sustained growth from natural adoption is possible, we are on the early days still.
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Well Gavin is barely active on the forum, it seems he is more active on the mailing lists and reddit. I think what happened is clear already. There wasn't consensus and Gavin was tired of the blocksize increase (and other BIPs) being ignored so they (Mike too) went the XT route, too bad they ruined it with all the extra code, now no one wants to trust XT. Also I don't like the idea of an insanely big blocksize which is what would happen with XT or BIP101.
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It would hard cap 32MB as a security measure. This (I hope) means that 32MB is estimated to be enough to scale Bitcoin worldwide (because anything that isn't Bitcoin worldwide and being able to sustain VISA + MASTERCARD + WESTERN UNION + every other electronic payment processor) is a failure. We need to aim worldwide. So, have they calculated that 32MB blocks and blockstream tech will be enough?
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All the BIPs are a pathetic attempt at reproducing the lame presidential elections soup we all get served.
You think you have a choice? You dont.
To believe that voting is going to help the situation, is the same as forking will improve bitcoin. But it just wont.
And big corps, banksters et al. will win again. and again.. and friggin again.
that just sounds like you are fear driven and frustrated. i dont see ANY argument in this. And what do you propose? As long as Bitcoin remains open source and decentralized (and to remain decentralized we need the nodes to be able to be run under normal computers and normal bandwith) the alternative to the status quo will remain. My fear is that eventually the devs sell themselves and give way too much to regulations and so on. The original idea of Bitcoin by Satoshi was uncompromised and anarchic and didn't gave a fuck about being accepted by governments or not, it was a revolution. Let's see how things turn out.
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You were hacked because you are an idiot that can't take care of his own computer to keep his own money safe. And you invested in some shitcoin #43894239 because you are an idiot that cannot discern from scams to real investments. Result: Bitcoin protocol still flawless but you aren't flawless, you committed mistakes and you paid for those mistakes. Stick to fiat if you don't want to be responsible for your own actions my friend.
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Please update core to allow 4mb blocks. Meet in the middle and stiff arm XT. They want doubling blocks every 2 years, thats quite an adoption XT is anticipating.
I would actually support Core again if they did that, but they have not done that and I do not believe they will. I would love to be proven wrong on this issue. The ability to hard fork is the greatest expression of the freedom and decentralized nature of the Bitcoin protocol. If we did not have this ability the Core developers would essentially have absolute power over the development of Bitcoin. It would be wrong if these five people had such power over Bitcoin something that is intended to be decentralized and trustless, I refuse to trust these people with such power. We the people are free to choose what path the development of Bitcoin will take, that is part of the reason why I support a hard fork. You can't change the max block size without a hardfork anyway. It's not like you are tweaking a knob. Perhaps you are confusing the software fork with the blockchain hard fork. Please go ahead with the XT-CIAcoin and suffer the consequences. You are free to do so I do realize that any increase to the block size requires a hard fork, I think that Core will never increase the block size so therefore supporting a hard fork is de facto not supporting Core. I see a lot of ad hominem attacks and wild conspiracy theory against XT instead of having solid arguments. Can you explain to me how XT is a CIA coin? http://cointelegraph.com/news/115153/bitcoin-xt-fork-can-blacklist-tor-exits-may-reveal-users-ip-addressesThis sounds pretty CIA to me. And don't get me wrong, I want bigger blocks and I was support XT until I realized there is a lot of fishy things going on here, can't trust that at all, so I will stay with Core for sure. We have still a long way to get near 1MB blocks limit, we are at the half at best, I dont see the big necessity for big blocks NOW.
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Damn, all those Hero Members must be millionaires by now if they held their coins. They didn't even need to have a lucky strike and sell right at the last ATH, they would be millionaires by the current price of 230 a pop. I guess they panic sold at like 30 dollars or way before thinking holding long term was a dumb "billionaire bedroom" idea.
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Bitcoin is back up 32 dollars since that low. Im guessing someone with a lot of leverage panick sold a lto of coins, and the blocksize fight is having a toll on the exchanges as well. Simply hold and relax, the storm will be over by next year. Time to pick up cheap coins.
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Only if the XT nodes go 75% the fork will happen and there will be effectively 2 different coins "core coin" and "xt coin". Of course by then the other coin would be worthless so no chance to trade them. I hope Core wins, XT sounds like a disgrance to BTC.
Fork will only happen when 75% of hashing power is on Bitcoin XT. Nodes can be faked easily with VPSes etc.. What if they don't reach 75% by 11th January 2016 , they will drop the project forever ?? because they said they should have hashing power before the 11th and not sure why that date specifically . I don't think they are going to give up as easy, specially if they are close to 75% by 11th January 2016, they will try to keep pushing more and more propaganda in hopes to get more and more people running their nodes, if they finally cant make it then they will start giving up.
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