Merkel can kick Greece out of the Euro, not Spain, but Greece? for sure, its not that important, same for the other low tier countries.
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What are you going to see when we are past 400 again?
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You guys are on point. He's cooking GatesCoin as we speak.
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If I mined in the early days and effortlessly made 100000 BTC then hold for 2 years, yes, I would call Satoshi GOD.
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I think that is exactly what is good about it. If it takes so long, it will get spread out a lot. The seigniorage will be everywhere and nowhere.
Bitcoin is not going to become a main currency (if ever) before several decades in any case, so just as well take that time to distribute it. Bitcoin is a century-long project. As fiat money has been.
Man, it's a cult for some grandeur-dilousional lunatics and can't hold water. It's already hopelessly antiquated. All i hear from the Bitcoin hardcore supporters is contradictions by now. It was delusional madness before (still is) and now it has become contradictions. So i think it's safe to say this crowd has lost its credibility together with the coin they support. People want to make payments and store value now, not next century. Bitcoin is a joke. your view: Bitcoin will go down to double digits and people will still be interested. It is one of the most volatile things on earth and can't hold value but somehow in a century it magically is still the leading crypto my view: next century we will have 5 to 20 wildly advanced cryptocurrencies which get more and more staying power as they progress through the technical evolutionary stages and which will directly cater to the needs of their userbase. So the future is in altcoin developement and there will be a new golddigger era in the upcoming years as old bitcoin is dethroned and real competition between technologically advanced coins for userbase sets in. Cryptocurrency startup will become a billion dollar industry. In my scenario Bitcoin will be remembered as the first one but sadly had too many problems. A lot of altcoins will go mainstream (not bitcoin) and they will see a progression/evolution like that of musical genres last century (first came blues, jazz, then rock n' roll which advanced into a huge array of rockmusic. Later came RAP, POP and Techno and so on) ... so bitcoin is more like the classical music and maybe it will still be played next century amongst some nostalgic people but most people will prefer Rock or Pop. which view do you think is more realistic? Bitcoin has really become an obstacle to true technological advancement. And all the cult following with their contradictions and pipedream-hype-talk is an insult to the intelligent man. In altcoin? No way. If for any reason bitcoin does fail, I don't think any of the alts are worthy enough to take the place of bitcoin. Even then my belief still holds true that one day bitcoin will be the currency that replaces fiat. If Bitcoin doesn't fear the underdog, it's gonna get burned real quick What underdog tho? tell me a project that realistically can make Bitcoin be in danger of being replaced.
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There's not a single country that can pay their debts, let alone the insane debts of countries like the US.
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EUR is in big trouble, Greece new government as balls to confront Merkel, but this is very bad for Euro as a community, it will create major trouble and headaches.
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They are orchestrated. Couple walls here and there, then take them off and let the price crash. Thats what these fuckers do.
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Merchants are scared of Bitcoin's extreme volatility plus its still too experimental for them to massively adopt, slowly they willget it tho.
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Isnt Maidsafe better than bitcoin in this sense? I think Maidsafe does everything the blockchain is supossed to do, but more anonymously.
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It's sad to see stuff like this. Sure all publicity is good publicity but I hate to see Bitcoin mentioned with criminals so often.
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This are great times for me and any sound investor. Let the panic make our wallets full of cheap BTC!
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Its relative, I dont see it as bad, I see it as an excellent opportunity to buy. This is how sound investors think.
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Premining is bad because coin owners dump them with no loss. It's unfair to start a currency with premining, even if it's %0.0001.
Premining is not that bad if it's done in a legit way. For example, Bitstar is a coin that actually uses their prime in a legitimate way.
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Last century: Cost of production of money: 0 watts. Massive waste of all resources results.
This century: Cost of production of money: determined by public currency mining market. Efficient use of resources results.
Cost of production of money is 0, but the money transmission is huge due to the cost involved in running the banks and data centres. If something costs 0, you have right there a big reason to think it's a scam.
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So what are the big european whales waiting to imitate the Winklevii and Coinbase and create a big, serious European exchanges? If I was a whale i would be on it as we speak.
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Buy and hodl if you don't know how to trade. Never sell your coins with a loss.
it didn't work all time some people bought bitcoin when it was at peak(around 1200$) so the only option they had either sell at loss of hold for year with hope of price increasing Well you need certain notions of spoting bubbles. the 1200 peak was a big obvious bubble. Would anyone guessed that it would crash this much? not really, but it was obvious that at least a big correction would happen.
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In the future we'll launch satelites and ships like philae around space so they run wireless space nodes and bitcoin can take the universe.
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FIATS ever going UP: Delusional bubble, a dead corpse bouncing. Do not want. Just put all your cash in Bitcoin before its worthless.
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