BTC is already out of league for most of the people. If we think about one btc at $650 is unaffordable for tha majority of the people out there.
I'm here because I bought in $220 which was already a lot IMHO.
A higher BTC price will make it an elite thing
Bitcoin is cheap at only $.65 per mBTC. It's actually a dirt cheap penny stock at 0.065 cent per bit. 1million bits in a coin |
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Bitcoin is cheap at only $.65 per mBTC.
i managed to scoop some at $.62 per mBTC.  |
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sent 0.5 btc (about € 300,-) this morning. 4 confirmations in 40 minutes. fee was 17 cents. yesterday a same sized transaction went through for 8 cents. imho, paying less than 0.1% fee feels not expensive at all.  just wait till lighting makes it so your fee is less then half a cent and your TX confirms within 5 seconds |
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bitcoin is very manipulated because its a small market.
alot of coins in a small number of hands.
thats a dynamic that is very bad for individual traders or small investors since you can be easily cleaned out by whales.
with gold or more general forex its not the same dynamic, more of a balanced market (although still heavily manipulated), so you probably have a better chance
Not really. I think I read 50% of gold is owned by central banks and 50% private. No idea if that number was right, but I don't think Chinese miners own very many coins and most of it is in individual's hands. Central banks and the JP Morg naked shorts are probably more dangerous than any Bitcoin whales. not really. the winklesvoss alone have 1% of bitcoin. how many people are in those 2 groups central banks and 50% private you mentioned??? millions and millions. believe me no central bank can manipulate all of the forex markets or gold. the forex is the largest market in the world. do you even know what trading is? you are completely wrong, not only stupid, and if humanity is to survive your entire ridiculous and absurd post should be deleted permanently. and if you continue with this nonsense you should also be banned . a word of advice next time THINK before you spew your baseless opinions onto the internet. everything hangs in the blance as we await to see if r0ach delete's his post. if you have a problem making money off bitcoin and you feel your being cheated by whales, check out bitmovments, this thread lets you know where price is going at all times. https://bitcointalk.org/index.php?topic=796276.20  |
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Sunday, July 3, 2016
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bitcoin isn't higher than yesterday. is crypto done??   LOL nice gif |
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new poll
i voted <999
i expect 810.32ish by july 31st.
Aren't you curious regarding what people believe the price will be at the exact time of the halvening? That would be an interesting and exact time for poll results. It's only a bit more than 8 days away from now.... right the halvening in 1 week, 18 hours, 30 minutes. ya i should make a poll about that. Yeah... It's interesting for the pure symbolic nature of it - even though there is likely not going to be an significant movement right at that time, but I am sure a lot of harder core bitcoiners will be watching the markets.I dont expect price to do much due to having, i think the halving is partly the reason why we just got a big price bump. so having in a week!? i need to buy more bitcoin... |
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new poll
i voted <999
i expect 810.32ish by july 31st.
Aren't you curious regarding what people believe the price will be at the exact time of the halvening? That would be an interesting and exact time for poll results. It's only a bit more than 8 days away from now.... right the halvening in 1 week, 18 hours, 30 minutes. ya i should make a poll about that. |
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new poll
i voted <999
i expect 810.32ish by july 31st.
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Why there is not new pool question updated? Looks like $600 and $700 won this round, and we have not seen Adam in here for several days, maybe even a week ago? Maybe a poll about the price at the precise block of the halvening would be an interesting and precise time? Looks like <$1000, <$800, <$700 won this round. O.k. Maybe some people would read the "<" as "less than" signs, but really they appear to be best interpreted as sloppy attempts by Adam to make bullets, and what i said initially appears to be the best interpretation.... Accordingly, on 6/30 the price was closest to $600 and $700 because accordingly the price traversed from about $630 to $685 throughout the day. Of course, Adam should make these polls more unambiguous, but that is not the Adam that we have... we got the Adam that we got  I am pretty sure that 37.9% of the respondents would not have agreed with <$1000 if they had not assumed the "<" was meant to be a less than symbol. Also if Adam wished to make a bullet point it is quite easy to do without making it ambiguous. * 1000 - 148 (37.9%) * 800 - 66 (16.9%) * 700 - 88 (22.6%) See really easy. Sure ... it's easy enough to make polls less ambiguous; however, possibly, you seem to be wishing for an Adam other than the AdamstgBit that we gots.... There is a bit of a pattern and practice of ambiguous polls from Adam, and that is just a statement of fact rather than any kind of complaint from me.... Surely, the polls tend to be ambiguous not only in respect to what they mean exactly but frequently in terms of what, when and how much they are referring to.. and people likely just make their best approximation.. to the extent that they are not using the polls to troll. Furthermore, it doesn't even really matter what Adam intends the polls to mean, but instead how people interpret the polls when they place their answer. I think that you and I have a bit of a different interpretation regarding what people thought overall of this particular poll.. and I personally believe that they a large many of the poll participants were just picking the number that was closest to what they thought the price would be on June 30 rather than any kind of an attempt to be absolutely literal and/or correct. Otherwise, if participants actually wanted to be correct, they would have picked <1,000 because that was the most likely to be the most literally correct out of the possible answers available - that is if they had read the "<" sign as a "less than" 1000. "<" = "less than" ">" = "gr8er than" |
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New All Time Recent Low of 555 very nice correction I had sold a couple coins and bought them back, I think i made 9% after fees, really too bad i only played with a couple coins. right now for now we appear to be heading to set a higher low, but a break out to 666 and beyond is inevitable I'm tempted to convert a few more dollars back into BTC, if price dips again i'll no doubt buy again. This time next year, Bitcoin will have grown a lot, the blockchain will be made to scale. not only will we get roughly double the on-chain capacity, and later maybe double it again with a 2MB HF but more importantly the second layer will begin to be adopted, I think at first the second layer will be used by poeple like bitpay, coinbase, bitfinex, etc. and the number of on-chain TX might actually drop, due to some of traffic now taking place on the second layer... the scaling issue may not be completely solved, but this will be big step forward. thats the rumor Adam's prediction: range trading, THEN next stop >= 800... Adam's Cheap Coins Target: 599.95 |
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@bitusher
Ok, so Segwit will happen now, I guess(?). How will decentralization and security be maintained within LN? Is there agreement on this?
How will decentralization and security be maintained within Lighting Network? How will decentralization and security be maintained within Thunder Network? How will decentralization and security be maintained within ChangeTip Network? who cares, what matters is the decentralization and security of Bitcoin, if you dont like Lighting or Thunder or ChangeTip... use Bitcoin instead! |
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Pull back from 760 after many good weeks for bitcoin, we now get a decent pull back. I suspect we will bust though the ceiling soon or later. for now i see some fairly volatile range trading anywhere from 580-800 635 is good price, but i'm going to set my cheap coin target deep. Adam's prediction: range trading, THEN next stop >= 800... Adam's Cheap Coins Target: 599.95 |
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Economic power is measured in dollars today.
but tomorrow.  is it really all that unlikely that bitcoin IS the currency of the future? meaning one day, every single thing on earth (and mars?) will be priced in BTC. how unlikely? not really if you ask me, simply because bitcoin has the longest oldest blockchain. ETH is fine LTC BOOB TITS wtv these are cool coins, but they dont make a good currency. simply because it not the longest oldest blockchain.... bitcoin is without a doubt the is future of money... I want it to be you want it to be we ALL want bitcoin to BE the future of money. only a hardfork of bitcoin could potentially divides us! we are united in our common interst The decentralization of world domination! bitcoin. |
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once we hit
747
this thing is going to take off.
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fruit helps me speculate better. did you know raw fruits and vegetables contain measurable ammounts of electro magnetic energy. our species is frugivorous, meaning we are meant to eat primarily fruit. so it will adjust the mind to think it's clearest. oh and when you place something directly in the moonlight it will become colder than if you placed it in shade out of it.
wait we aren't suppose to smoke weed drink beer and eat stake? FML |
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