I do not use bitcoin as a safe haven, for me now it's primarily an investment. But if (that's a big 'if') the rich are starting to consider bitcoin as a 'safe haven', like precious metals, it's a very good thing. It means that bitcoin will be more stable than it was in the past and is unlikely to experience a drastic fall.
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According to this thread https://bitcointalk.org/index.php?topic=178608.0 there is a minimum time between postings and it makes a daily limit, although a very high one (10 posts in an hour, 240 posts in a day). But it is imposed by the forum engine itself. Banning is almost certainly the result of making a lot of low-quality (essentially meaningless) posts.
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It has not been officially released, just wait for a few more days, Electrum is near its finish line!
Electrum for Bitcore? That's great news! Will it be able to import keys from the original (BTC) Electrum for claiming November virtual fork? Also thanks for yesterday 25% airdrop!
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No, bitcoin cannot end unemployment, and almost certainly it cannot even reduce it. Unemployment is an intrinsic feature of the current economic system. Bitcoin is a form of money and concerning online employment it is the same as other online payment systems.
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I know that there might be some new device being built that will be able to mine it, hower it seems that the hashing power needed is rising faster than the technology needed to solve it is becoming available.
That's impossible. The mining difficulty is automatically adjusted to the available hashing power. It cannot rise faster than the actual performance.
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I agree, the performance is just horrible. It seems to be better now, but it is probably the slowest web site I've ever seen.
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$100,000? Unlikely, although I would not say 'impossible'. Bitcoin price rose by almost an order of magnitude this year, and it is possible for it to increase 10 times again, but I highly doubt that there will be two or more consecutive years of such explosive growth. A few tens of thousands by 2020 is entirely possible, however.
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That was fast! Received the airdrop in less than half an hour after sending PM, thank you!
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I'm really confused, whats going on with BTC price? It's supposed to go down as people already got their free BTG after the fork but instead it rised to 5.8k? I believe its related to whales but there's something here I couldnt understand.
There was a drop to $5400 on 25th, right after the fork, but there is another fork (Segwit2x) coming. Some traders took their profits, some (maybe the same traders) bought at the dip and the price is rising again. The process continues.
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Hi, I dowloaded wallet version 1.1.0.2
Now, how do I delete the old wallet.
By the way my altcoins are still first wallet.
What should I do exactly?
Just delete the old executable file (with ".exe" extension) and launch the newly downloaded one. DO NOT delete the "wallet.dat" wallet file, it has your coins! Actually, it is wise to make a backup of it before upgrading.
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Would you guys suggest for a beginner to focus on mining solely bitcoins? Or would you say that it's smarter to mine for the other digital currencies out there?
I would say that mining bitcoins is a very bad idea for a beginner, and actually for anyone not having huge amount of money to invest into specialized hardware and good understanding of possible risks.It is possible to mine some altcoins (for example, Monero) with CPUs, but it still requires a large farm to get a meaningful profit.
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If you mean real conversion (exchanging), currently I don't, but I will probably do it in the future (although not to USD). The reason is simple, there are very few possibilities for buying goods with bitcoin and it is much less convenient that credit cards. A lot of people need money for everyday purposes, so they have to convert. I do the other way around, investing in bitcoin, but only because my salary is more than enough for my everyday needs.
As for converting in the sense of calculating the dollar value of my bitcoins (without real exchange), I do it often because USD is a good point of reference, and bitcoin is too volatile.
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It is possible, especially after the Segwit2x fork, but not very likely. And it would be a good opportunity to buy some more, unless something truly serious (a security exploit, software bug, etc.) happens.
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There was (not sure if it is still available) an airdrop of Stellar Lumens for BTC holders. Claiming Bitcore requires providing BTC address and signing a message in your BTC wallet. It is available until November 2nd.
So it similar to to Byteball? I got some Byteballs by signing and verifying messages. It was a waste of time, I was unlucky to bother with this by the time they did the 180 on the rewards to try to stop dumping. Don't expect much, something along the lines of 10 bucks wort of 10 BTC signed, or at least it was this shit the last time I signed them. Not sure what % they are giving to holders now, they raised it apparently, but I didn't even bother opening my wallet since then. Bitcore? Yes, but instead of a bot there is a website for claiming coins. Bitcore also has weekly 3% airdrop for wallets with at least 10 coins (now registration is required) and there will be another airdrop for bitcoin holders on November 2nd. All information is in the first messages of this thread: https://bitcointalk.org/index.php?topic=1883902.0.
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Form submitted! I missed the first two and the 6th, but not all others, including the last one...
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It is probably because Bitcoin Gold fork already happened yesterday (so only snapshot of those BTC balances matters) and those who bought BTC only for getting free Bitcoin Gold are now selling their bitcoins.
No one would ever buy Bitcoin just to get Bitcoin Gold... This is most likely normal market correction. We've had a huge price surge, reaching a new ATH and now people are cashing out their profits. It could also be fear of the upcoming fork, I can't remember if this was the case with Bitcoin Cash as well, but Bitcoin Gold is MUCH less known. It's also worth mentioning that Bitcoin's market cap is $92B now, well below the $103B it was during ATH prices. I have an impression that the Bitcoin Gold hype is pretty large, much more than its real merits would make. But I agree that it is an absolutely normal correction, same as those that happened many times before, and it was inevitable after such surge. The fork may be just a formal cause for fixing profits.
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It is probably because Bitcoin Gold fork already happened yesterday (so only snapshot of those BTC balances matters) and those who bought BTC only for getting free Bitcoin Gold are now selling their bitcoins.
The fork will be on November that's what I red from a website. So I guess a Blew my opportunity to sell my 15m SATs. The snapshot was yesterday, at block 491,407. The Bitcoin Gold network, however, is not functioning yet, and is planned to be up in November.
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It is probably because Bitcoin Gold fork already happened yesterday (so only snapshot of those BTC balances matters) and those who bought BTC only for getting free Bitcoin Gold are now selling their bitcoins.
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There was (not sure if it is still available) an airdrop of Stellar Lumens for BTC holders. Claiming Bitcore requires providing BTC address and signing a message in your BTC wallet. It is available until November 2nd.
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How fast after Nov 1 it is possible to sell Bitcoin Gold?
Seemingly nobody knows it yet. There are no Bitcoin Gold clients, and the official site https://btcgpu.org/ is down now. I presently have no idea how to claim Bitcoin Gold.
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