pipe dream. other crypto currencies would pop up, which would bring down BTC value.
blockchain confirmations take too long for BTC to be ubiquitous.
A lot of you underestimate the size of the global economy. There are hundreds of trillions of dollars which can flow into Bitcoin or the others like Bitshares, Mastercoin or Colored Coin. 1 million dollars is not as big of a deal as you all seem to think. I think $500,000 is realistic and even $100,000, but 1 million is also realistic and its just a matter of how long it will take to reach it. or maybe you tend to believe the things you want to be true. if BTC explodes and becomes ubiquitous, i am certain there will be other cryptocurrencies in the market.. and that would dilute the value of BTC down a bit. there are still issues with BTC that we don't know will be panned out. hypothetically if BTC were 1 million dollars, that would be a major shift in the way the world works. |
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We're relatively stable at these levels for about 2 days now. I think that maybe rpietila is right about a stabilized period. Watching...  it's been the weekend the past 2 days.. volume is usually much lower. that's not a good indicator at all. i'd say we'll have a better feel by wednesday. |
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not trolling but this is like a feel-good thread. so you have $80 in bitcoins, don't feel too bad that other people have millions in BTC  |
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yeah you could hold them for a year and pay only 15%.
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kinda funny how that gold coin is worth practically nothing compared to 1,000 BTC now.
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i figure sooner or later a major retailer/chain will start accepting bitcoin, especially considering all the attention it's getting now. the roller coaster ride is going to get more turbulent, so be prepared.
Richard Branson accepting it is a step in the right direction. Let's hope he'll start accepting it as well for Virgin Airlines and Virgin Media. How awesome would it be being able to buy blurays, cd's or even plaintickets with bitcoin. Let's hope more (big) companies will follow his example. i'm more bullish on newegg accepting BTC. it makes sense for them since VISA/paypal/et al charge them something like 2-3%.. and to top it off, lots of BTC holders are techies/nerds, so a lot of BTC would be spent there. |
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there's a guy who has an excellent reputation/feedback that would do it for you.. i don't remember the name though.
http://www.walletrecoveryservices.com/They're great, 20% and if you have a clue they can really help you out. I contacted with him in June, he requested several thousand bucks in advance, its not suitable for me, if he not be able to crack it i lose money. So i just want sell it to someone who will crack it for himself. several thousand dollars for 4.5 BTC in june, when the price was about $100? that makes no sense. i believe he doesn't charge if he can't crack the PW too. |
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i figure sooner or later a major retailer/chain will start accepting bitcoin, especially considering all the attention it's getting now. the roller coaster ride is going to get more turbulent, so be prepared.
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there's a guy who has an excellent reputation/feedback that would do it for you.. i don't remember the name though.
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So what do you guys think? Is there really resistance at 800? Consolidation or crash? The volume is kinda low...
well it is the weekend after all. we'll probably find out tomorrow. maybe another big retailer/company will announce its adoption of BTC tomorrow. |
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I'm more concerned about the technology than the money. I think Bitcoin is a really cool idea, which is why I use it (Note: "use" not "hoard") I bought and earned hundreds of BTC when they were around 80 cents USD.
If I held on to those, I could be doing very well right now. But I have no regrets. I did a tiny part in helping BTC become what it is by supporting people who accepted BTC, and giving them out to friends to spread the word. That's good enough for me, and it's not too late for that.
that's cool then.. you aren't overcome by greed and "what could have happened" like most people. hanging onto the past sucks. |
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consider buying a gift card at gyft.com. you get 3% cashback and it's pretty hassle-free.
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General consensus says I should have bought more bitcoin at x price. I keep telling people its always a good time to buy bitcoin. Its always a good time to mine bitcoin. Do it now and look back in a year or two. So short story short is have some btc.
it's not good to buy bitcoin when a speculative bubble is about to burst. mining bitcoin is only good when it's profitable, and it doesn't seem to be that way right now. |
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Well DPR did say he went on to create an economic simulation in his social media account. To that end, I am creating an economic simulation to give people a first-hand experience of what it would be like to live in a world without the systemic use of force." It would have been pretty hard to know or get involved with bitcoin in the early stages. I think it would have been spread to close friends of Satoshi, which undoubtedly could be one of themselves. It was some time after that it was posted to a cryptography BBS. i think that conclusion makes the most sense with what we know at this point. it was launched in february 2011 though, about 2 years after bitcoin's inception. |
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i'm not the smartest guy in the world, and i often feel like i missed a huge opportunity to live the rest of my life without having to worry about money..
but there's nothing i can do, short of maybe travelling to the past in a time machine. all i can do is learn from my mistake of not pursuing a good opportunity when i see one.
stop lamenting on what could have been and start putting your mind on what can be.
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save the .dat file to your usb drive and load it up again. can't really tell you the specifics since you haven't stated your client.
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"Embarrassed myself in public today...."
Dude, you're an embarrassment. Period.
Say that to my face and not on the internet and see what happens bro yeah bro, he'll just jack off on you.. he's been known to do this, dog. |
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i loved it when i used to watch CNN/MSNBC and there'd be an exxon mobil commercial on to remind me that CNN is in their pockets. you know, with that douche bag looking guy who's telling everybody how much exxon mobil has "invested" into cleaner technology and helping communities. http://www.youtube.com/watch?v=XDfVycbnaBc |
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you are probably being too greedy. how does feeling that way help you in any way? if you have some coin and have made some money, then just be happy with that.. that's the only thing you can control.
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While it's true that printing money and manufacturing coins takes a lot of resources, some have criticized Bitcoin for consuming resources unnecessarily.
that doesn't make sense to me. it takes energy to make the bitcoin system to work, and it takes energy to make the fiat system work. what do you mean by unnecessarily? |
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