I wonder what kind of fee would you need to pay if the price for a single pizza was 10,000 sat. How would this be viable? If a pizz was 10,000 sat, it would mean that anyone holding 1 BTC would be pretty wealthy, the transaction volume would be huge, and the fee market would look very different.
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Watching technology outdo governments is always a beautiful sight. They feel like pathetic ants trying to deal with an alien artifact that is disturbing their environment. These guys will never learn that you cannot stop progress no matter how much you try to ban it, but I guess they still haven't learned after the internet became unstoppable worldwide.
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Gold is too pretentious. Orange looks more stylish and fits Bitcoin better, it's more original than resorting to Gold which is a very boring asset. Bitcoin must be different. I find the design of the Bitcoin logo really nice on the eyes, slick and simple. Whoever did this design did a good job. An since it is Creative Commons free we can use it anywhere we like for free.
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The banking industry can't do nothing about Bitcoin. Think about it. If Bitcoin "died" (will not happen) then cryptocurrency dies too. Crypto = Bitcoin. It's like that. Everyone associates Bitcoin with cryptocurrency. If Bitcoin fails, the whole crypto industry fails. If Bitcoin does good, the whole crypto industry benefits from it.
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Careful, you might prompt some nutjobs to lecture us all on the evils of permanently storing cups of coffee in the holy ledger. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) Coffee is fine. Even scrap payments of 0.005 BTC is OK. Just don't complain about the fees. Well, let's say in 10 years Bitcoin is widely used worldwide. What would the fee be for a cup of coffee? Because if it's too high no one will use it for such payments which is a shame. Of course, that's where LN would solve things to make it cheaper, but it's not "inside the chain". It doesn't feel like "real Bitcoin" or something. But I also don't see any other solutions for this problem. Centralized nodes is a worst case scenario.
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Bitcoin CEO indeed... The media seems to be intent on sensationalizing any news related to Bitcoin.
the article say mtgox ceo, is the title here that is misleading, OP forgot about the only truly strengh of bitcoin i would not be surprise if he used other money for drug for example, rich people use their wealth for superfluous things I have been following headliness in Japan for a while. Numerous websites and diaries said "Bitcoin CEO" literally, and they tought that "Bitcoin went bankrupt" when they meant MTGox. Imagine if we are ahead of the pack, that entire populations think Bitcoin has a CEO. I can't believe Japan can be so dumb with their headlines when they are leaders in technology.
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It's funny to see companies going back and for with their Bitcoin approval. Thing is so new and disruptive, that they have second thoughts all the time. In no time we will see them accepting it again once other companies accept it. They are coward pussies that backed off thinking "maybe we were to quick to accept this, let's wait to see what happens".
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Putin is an idiot. While he bans it, more and more money from his country keeps going into Bitcoin ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fcoin.dance%2Fcharts%2Fimage%2FRUB.png&t=663&c=FiA1vLFaeZZunQ) The revolution will not be televised, in fact it will be banned, with completely opposite results as expected by those morons trying to censorship technological progress.
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I wouldn't like the need to moderate anything, people should feel free to comment any views they want on Bitcoin. I don't like the fact that some people, for some bizarre reason find good the idea of centralizing nodes with the Bitcoin XT mess, but they should be free to speak. Of course, the line from free speech to trolling is a fine one.
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As far as I know, Bitcoin is supposed to be about ease of use, p2p money, fast, uncompromised, decentralized. What's the point of "payment processors" or whatever those services are called, when to use Bitcoin, all you need is to download a wallet, create any addresses you like, and start receiving payment for your work/pay others for their work? (or donating, or whatever you want to do with your money) without needing to give any personal details, and without the permission of anyone.
What the hell is really "Bitpay" and why is that a market?
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Good I guess, but I don't see the point of all those payment processors to be honest. Isn't Bitcoin supposed to be your own bank? to be an active users you just need to download a wallet and start receiving or making payments. I don't see the point of all those companies to exist, including Circle and so on.
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That's a lot of money invested into trying to get traffic on his website I guess.. it's just a lot of people. It's a good way to get traffic tho, get interesting people on board and people will follow. Of course I expect plenty of XT propaganda around that forum which is not worth my time to be honest. Maybe if they deliver better signature campaign deals i'll consider dropping by but this is still my main forum.
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Yes im still holding and waiting for increasing price. Maybe this following year our dream will came true just trust it and pray that bitcoin will price soon. Not only me will have a benifits and also you will have it...
So you are waiting to sell next year? At what price will you buy back in and what price will you consider it's worth selling anyway? Those are the questions that anyone thinking about selling next year should be asking themselves. Do you want to go short term or long term? Will you sell at 1K? What if after 1K it goes 4K and beyond and you didn't buy back?
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To me it is "near to zero" transaction fees. Also it is decentralized so hard to control and manipulate by big institutions. Goverment for example. They cannot really regulate btc or tax.
Right now the only people that can manipulate Bitcoin is big investors tho... anyone that is rich on dollars or euro or Chinese yen or whatever, can go to any exchange, deposit a lot of money and start moving it at will. How to solve this? get more people on board. More people and more whales with opposed agendas is what makes the price go to Pluto while keeping it hard to compromise at will.
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I don't see that happening, as long as we keep competent people at the core dev team. There are really passionate people with Bitcoin beyond wanting the price reaching 1 million dollars. There are people that is watching what the devs do, and if they do anything stupid like selling out to the US goverment and ruining Bitcoin, I think that is a mistake and they know it. I trust they will do a good job, and XT type attempts to over take the decentralization of Bitcoin will always fall harder each time its tried.
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congratulations on getting 1 btc in that time ..most of the users dont get through that ......anyway coming about what to do try investing in legit bitcoin projects ....will probably increase your wallet balance... ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) What projects? Most seem to be scamcoins, or just projects that aren't worth your Bitcoin. I think the best strategy is still buy a hold. Investing in Bitcoins within itself investing all projects related to Bitcoin. There are a very small handful of projects worth investing. I have my doubts about even stuff like ETH these days.
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If you sell now, you are aiming for really low gains, and you may be rendered an idiot in the future. There's actually big chances of this happening. Look at this guy for example: https://bitcointalk.org/index.php?topic=27348.360It must suck being him right now. Im pretty sure we will see threads like this in the future, but with way bigger sell off price. Once the price 10K, the 1K sellers will be rendered as idiots.
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Nope, I tend to have reasonable arguments. I for example think that, Bitcoin has a very small marketcap, and other companies have marketcaps 10 times bigger while doing less disruptive things. Bitcoin should be able to reach a trilion marketcap based on how much it can disrupt a lot of alrady existing services. Therefore, I must HOLD long term.
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250k per BTC, yeaaaaah......well......I cannot accept this idea, it just seems to crazy to me.
Maybe $2.5k, in the next couple of years.
2.5k per coin.... really? ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fi.imgur.com%2FQNzA9wo.png%26t%3D557%26c%3DT2LpQg0_COuE5Q&t=663&c=HSpzhZnaMiJ5tA) Look at how much things can change. 1 dollar seemed impossible in 2009, then 10, then 100, then 1000.. it all kept happening. It is meant to happen that we start obliterating past ATH's through time No one is ready for the real price of Bitcoin yet.
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Nahh not anytime soon. Maybe when we are all dead. Right now the protocol is just being more and more solidified into the global consciousnesses, the protocol is getting inside every human brain, and it will grow thanks to sidechains and other implementations. This thing is here to stay and will outlive all of us.
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