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Because the goverment doesn't make any money by doing altcoins. But make no mistake, they will create a way to run fiat throught crypto, and when this day comes Bitcoin will shine as the true alternative the government money.
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bitcoin can be used in a lot of things! It can be used in nearly everything normal currency is, its just that we need to get people to use it and start accepting it. Theres hardly anything it cant be used for!
Whats the point of using bitcoin in a lot of things? Or you mean in many ways? I guess bitcoin is just as a digital currency that you used to buy something from market. Or may be use this digital money to invest on something. Its just like that That's Correct. No need to use bitcoins in lots of things..Its an best investment tool at present.But in my country I haven't seen any merchants who have started accepting bitcoin as a mode of payment.Still they are not used to it and I think I will have to wait more to buy things from market by paying bitcoin as a mode of payment. As we see mass adoption we'll see more use cases of everyday routine's on people's life. It will happen on way or another. I see gov killing cash and comming up with their own electronic payment system, which could put Bitcoin in the spotlight automatically. |
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You can find endless threads of a couple years ago explaining with sound logic how expecting BTC above 10 dollar was "unreasoanble".
The thing is we don't fucking know how far Bitcoin will go. If it challenges other payment options like VISA, Mastercard, etc, in the future, the current price is insanely low. Do your math.
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It's very hard to find consensus on a project that is open source and has no pyramidal herarchich roadmap of the way things will go, this is to be expected.
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Bitmixer.io seems to be a really reliable mixing site. I've tried using Bitcoin Fog before (I don't have any reason to mix, just wanted to see if it worked) and it worked too, but I've heard some horror stories about deposits disappearing mysteriously with no help from their support.
I was going to say Bitmixer.io, basically because I see it everywhere in the ads signatures, so they must be making decent money to pay all these people. Is there any benefits of using a .onion based mixer, or is mixing the coins itself enough anonimity? |
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What's your obsession with Marxism?
Thanks for exemplifying my point about diligence. You're hiding. What is your point? You have not explained what you think I am hiding from or which actions I am doing or not doing which allow you to make such an accusation. I do not agree that I am hiding. As I already wrote in the post immediately prior to yours, my point against collectivism is that dissolves self-responsibility and personal diligence. Thus I had already answered your question before you asked it. Thus I replied by saying your ignorance of what collectivism does exemplies what it does (i.e. your personal diligence is dissolved already because you asked the question). I realize logic is not something most humans can do, so don't feel so bad that you apparently can't do basic logic. If you can't make a clear point in your next post, I assert you are trolling. P.S. I researched your posts from 2011 and I can see you idolize collectivized action towards lie of "the betterment of humanity". You appear to be a typical deluded Marxist. Europe will be an acute case of economic collapse because the Europeans believed that nonsense of bettering humanity by pooling resources. But what are you going to do once we are literally forced to deploy some marxist-like measures like minimum guaranteed welfare once automation makes it impossible to go above a certain treshhold of unemployment? Assuming you are not delusional enough to think there will be enough jobs for everyone, and assuming you are not a psychopath that would let that big % of people die when they aren't responsible of being replaced by machines (your or some of your friends could be on this % in the future), what are you going to do? shoot yourself because history and technological developments forces us to give welfare proving some of your dogmas wrong? get some perspective buddy. |
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Under $10 is pretty much guaranteed within like a year time.
And no, there will be no recovery, bitcoin is outdated and shown to be ineffective technology.
At $10, just one billionaire could buy up all Bitcoins in existence, GUARANTEED. Richard Branson is just one specific Billionaire who is holding a Bitcoin Summit next month. You sir are a Troll, GUARANTEED! Indeed, it's pretty funny to see all those guys aiming for delusional low prices. Aiming for 1 million a coin sounds absolutely reasonable if you compare such prediction with the super peismistic ones. We got legit billionaires on this ship and it seems you aren't even aware of what cruising with billionaires mean. They are in here for long term, which translates in: they will not let this ship sink no matter what. You guys are completely losing sight if you don't see how the current price is actually a godsent for average joes like us to try to stack whole BTC units without it becoming mission impossible. |
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I ain't got enough BTC to bet right now, but I would go for Mayweather, even tho I WANT Pacman to win. Mayweather is so stuck up and needs to be humbled down with a loss. If May or not Mayweather wins tonight, just try to imagine his cockyness levels from now on lol.
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Im not even a serious boxing fan beyond some casual matchups but im nervous as fuck about this one lol. I cant wait for tonight. I hope to catch some of the free streams since I didn't buy PPV. Anyone has some guaranteed streams? Ideally in english and in HD, but regular 480p would do. Im assuming any thing HD is going to lag like hell.
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All I know is when I got in the game back in 2011 .. BTC was nothing, literally nothing, it had one mainstream article at that point, this forum and silk road.
FF to today and look at what it has accomplished ... tons of useable BIP's added to the core protocol, millions upon millions of fiat thrown at mining and VC startups, hundreds of alt coins trying to be anywhere near as successful as BTC, governments starting to see it as a serious threat & holding actual leglislative meetings in regards to cryptocurrencies, major companies accepting it as a form of payment , the list goes on and on....
Ask me if I thought BTC was gonna accomplish this much 4 years ago this soon? I would have answered w/ a resounding NO, u fucking kidding me?!
In short, BTC has come a LONG LONG fucking way in 4 years ... this is what keeps my head up and my faith alive in BTC.
Sure, its been in a downslump in price, but the services / adoption ... the "infrastructure" has scaled MASSIVELY and continues to every day.
We only need to worry about the price if it goes below $100 again. Because at that point miners will be dropping off the network in flocks, consequently driving diff down ... which leaves BTC vulnerable to relentless 51% attacks. Thats when we need to worry about if BTC will succeed or not.
So how much USD would it take to drive BTC's price down below 100? Big banks, I know you're there lurking. So listen up. It should be relatively easy to calculate. Look at the buy/sell orders and see how much BTC would need to be eaten for the price to be 100 in any of the major exchanges, in other words: Shit tons of money. |
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I'll answer any questions you have for him.  Simply because it's pointless since he has been missing in action since forever now. What would be the point of making questions to someone that is definitely not going to be replying to them? Only if he came back under an official profile (like on this forum) I would bother. |
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I think most people have it wrong.
Why wait for the price to go up. Your focus should be launching projects that make more fiat money to buy bitcoin when chances are given to you. Everyones hoping for it to rise, but I aint no fortune teller or have a crystal ball.
You could launch something and make a massive fortune and then buy bitcoin like its water.
"could launch something and make a massive fortune" You make it sound so easy.. but the truth is, it's probably easier to become a millonaire by holding a decent stack of BTC for 10 years, than comming up with an idea that goes viral and gives you millions in this ever increasingly competitive world. |
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Double digits is really possible only if all the whales ever just said fuck bitcoin.
But I doubt that will ever happen, the most I see the price reduction would being in the 100ish going back to 3 years ago price range.
There is always a bigger whale with an agenda to keep Bitcoin alive (like the Winklevoss brothers) so it would go as low as they want, only to push the price back up quickly. |
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But there is limit for bitcoin, because its a mathematical equation, and if the computing power will get too big, then we can always find better encryption algorithms with bigger key sizes, so bitcoin will always remain finite (or any other descendant of it in the far future).
All it takes is just change one (or two) variables in the code and voilà, there is no more limit on the number of bitcoins that can be mined. And no need for millions of dollars, and no one will care if you, for example, would eagerly object to such a change... Aren't you afraid of this? No because that would not be bitcoin anymore, it would be an altcoin. Bitcoin runs on the exact parameters on every persons wallet. It's rather a weak pretense. Dogecoin had also initially had a limited supply schedule that was later changed to a fixed amount of coins mined annually. It didn't stop being Dogecoin and turn into an altcoin... Maybe, because it is already an altcoin, huh? We handled over the currency of freedom to our children, now they should weild this power responsibly and help bring freedom back to this "prison planet"
That made my day... Dude, Dogecoin could afford that because its a shitty altcoin joke. Bitcoin is the most powerful computational network in the planet. Forking it to modify the total supply would essentially kill the coin. It's a non issue, because it benefits no one there its not going to happen. |
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Every month, your employer transfers Bitcoins into a time-locked address that can't be transferred out before you reach retirement age. You have the key to the address. You can verify the transfer on the blockchain.
No middle-men. No funny business. No brokers with pyramid/eyeball shaped logos. No "oops we went bankrupt and lost your retirement." No bail-ins. No raising the age of retirement.
Just Bitcoin.
I'm sorry, but that's a terrible idea. Bitcoin is much too volatile to be used as a retirement investment. Don't get me wrong, I love Bitcoin. But it's not the right vehicle for a retirement account. What you see now as stable may not be as stable in the future. What's your alternative, fiat, gold? what else? The future is too uncertain for anything to be worth calling "safe retirement plan". Might as well risk becoming a millionaire with BTC. |
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If it's about the price we're trading in the same range for months. Nothing is really going on unless you're trading and bought in near $300 last month.
I guess it's yet another case of a victim of daytrading. Please, if you guys don't like high risk, buy and hold on cold storage, dont obsess about the price and check it monthly or even bi-monthly. |
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oh this is something interesting, i always saw bitcoin and gaming do good together, talking about skill games only(i don't like gambling), i want to be rewarded in bitcoin, while playing those game
imagines if your score is converted in bitcoin, 1:1 ratio with satoshi, would be fabulous
the article talk mostly about a in-game trding using bitcoin, i think it could work well, and better than fiat
Bitcoin is perfect for the simple android games that are very addicting like the flappy bird type, to give top scorers a nice reward. The problem is the bloat of the blockchain with too many micropayments. |
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The faith IS The Equation, if we keep strong in it and inspire others (friends, relatives, people through social media) BTC will thrive. If you are worried about the price don't invest much, buy 1 BTC, advise others to buy 1 BTC. And HOLD.
If you have a computer that is always on - run a Bitcoin Core client. Be a full node, we need this very much. If you don't feel confident don't invest your BTC, just buy your 1 BTC and keep it, that's it. You will be the part of the future. Thank you.
I say let them burn. All those that do not believe in BTC simply don't understand it and don't deserve to benefit from it. As Satoshi said: "If you don’t believe me or don’t get it, I don’t have time to try to convince you, sorry." |
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 that guy lost around 300k from the falling bitcoin price shorts are going crazy as usual lol Thats what you get when you want to scalp the BTC price. Is best to hold and let time pass for at least a month before making the next move. All these "this is how to daytrade BTC" guys seem like scammers to me. Who has done solid gains day trading BTC? im yet to see that. |
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If you are born in a certain socioeconomical status, it's almost mission impossible to escalate up the hierarchical pyramid. This is the sad statistic. Only a few make it. For a Mike Tyson to exist, the remaining 99% stay poor stuck on some gettho. That's whats up.
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