holy crap! they were doing something around 5% of the global hashrate. That's bad news really. Chinese competition is tough on everything which requires big numbers: no quality involved. Bitcoin is about doing calculation before others and they have too much power on it, unfortunately |
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It's time to hold onto Bitcoin! No ETH involved now. When BTC moves it is fast, it is furious and it is big. I bought in around 200$ and whenever I see green above that I'm a happy guy, to quote George Carlin
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Found myself looking at the chart for half an hour no stop till now! My god man! It's so crazy how it is easy to get caught into that mental mechanism which wants one to find meaning and the sense even if there's nothing else to be seen but... numbers and candles!  time for a coffee |
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This is going to be big. The first to create this new standard will pass it on to the other banks. After this is achieved banking will adapt to 21st century thanks to Satoshi Nakamoto even though they will have nothing to do with him. I don't like the world blockchain, bitcoin and banks together.  |
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Of course, the bad guys use bitcoin and who else uses bitcoin? Read below from John Lanchester After the Silk Road shut down the FBI became one of the world’s larger owners of bitcoin, because it seized the site’s considerable assets: 144,000 bitcoin, worth £43.9 million at today’s prices. It was a point of interest what it would do with them, and a point of danger, too, since it seemed possible that once the new currency had the attention of the authorities, they might conclude that this extra-governmental, anonymous, untraceable money was, in and of its own nature, illegal. Instead, what the FBI did, after thinking for a bit, was what it does to other confiscated assets: auction them off. The implicit point was not missed: the Feds say bitcoin is legal. It follows that bitcoin has legitimate uses. That was a strong message. Bitcoin emerged from Silk Road in better shape than ever. |
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With more than 400 casualties among the so called alternative coins I see no harm for bitcoin really. Nothing proved to be able to take its place in 8 years. Of course this may change but I think that if we will go through bad times again the community will prove intellegince rather then stupidity.
If you look at market cap there's is truly no comparison.
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As soon as there's a small price value increase there's someone coming here stating that bitcoin will reach billions. That's an old thing, come one. There's plenty of these threads around. Say something valuable.
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I got the price right in the recent small pump. I was expecting 471$ by the end of May. Next checkpoint would be 517$ and, if we cross it, the only thing I see is, obviously, the unknown.
Got some profit also, which is always good.
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So far most of the bitcoin casinos are ok for me: I've used a few and I've nothing to complain about. I don't use them much today because I don't have time but every once in while I still enjoy them.
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They could post their job offer here on the forum, I'm sure they will find a lot people interested..
All the big firms are going "all in" on blockchain: what's next? Another huge bubble or a change of perspective?
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Very interesting actually. If we look clesely at the top ten is as follows: 1. Ghana 2. South Africa 3. Singapore 4. Hong Kong 5. Ukraine 6. The Netherlands 7. Indonesia 8. Switzerland 9. Russia 10. Australia |
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So many stupid people posting here.
Bitcoin went from 120$ to 1200$ in a month. It was 10x increase. From 500 to 5000 is also a 10x increase yet some absolute morons with no knowledge of history at all think that it would take LONG TIME for BTC to jump to the next order of magnitude. A month is not a long time. It can happen at any time, without warning. And by soon I mean in 2016 (Spring 2017 the latest).
It's not difficult to understand why there's so much posting going on around this topic. By the way, I totally agree when you say that it would take LONG TIME for BTC to jump to the next order of magnitude . Let's not forget the 1000$ price happened because of Willy. |
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If we think this way there's only one method to do this:
to invest and forget!
But this is not good for the Bitcoin economy because too many people are waiting for a price increase for many different reasons.
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The market looks quite "natural" recently.
There's not so much volatility if we compare last months with previous ones.
But calm sea waters may change rapidly as we all know.
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You should change the subject.
You have bitcoins that you can spend. You're not broke.
He does not recognize the value of bitcoin actually. He spent fiat money that he does not see anymore and maybe now he wants to be reassured about his funds. Quoting Elwar you have bitcoin to spend. And change the pvt keys place, by the way. |
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He started looking like a clown, a crazy rich man. He destroyed any politically correct way of doing a campaign (which in some sense in good because we realize, more than ever, how fake that is.
Now he's probably going to be the next US president.
Hollywood made possible..
But.. but... Hollywood is fake and you said it is a good thing he's destroyed the fake politicians... Not logical. Yes, correct. I should have used the word paradox as well! He's a complete paradox to me: probably he's using the best strategy ever but again it makes no sense. Sorry man I really can't explain more than this. read this for instance https://www.salon.com/2016/03/26/it_wasnt_politically_correct_when_w_said_it_why_trumps_islamophobia_is_a_dangerous_american_bellwether/No need to be sorry. What you call paradox is everything you love about TRUMP, but cannot bring yourself to admit it.  No man, are you crazy? I do not support this clown at all. I am only intrigued by his way of dealing with the campaign but I totally reject him.  |
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He started looking like a clown, a crazy rich man. He destroyed any politically correct way of doing a campaign (which in some sense in good because we realize, more than ever, how fake that is.
Now he's probably going to be the next US president.
Hollywood made possible..
But.. but... Hollywood is fake and you said it is a good thing he's destroyed the fake politicians... Not logical. Yes, correct. I should have used the word paradox as well! He's a complete paradox to me: probably he's using the best strategy ever but again it makes no sense. Sorry man I really can't explain more than this. read this for instance https://www.salon.com/2016/03/26/it_wasnt_politically_correct_when_w_said_it_why_trumps_islamophobia_is_a_dangerous_american_bellwether/ |
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Best way to teach someone about BTC?
Find out where a btc merchant is in your area. Go there and by something with someone you think should know about BTC. And then let them ask you questions.
That's the best way.
But what if there is no merchant around who accepts bitcoin? As I am facing that problem, I don't have a single physical shop where I can buy anything using bitcoin. Ok then do the same exact thing online! Find an online merchant and buy with bitcoin. It is the same thing! Aren't we using digital cash after all? SO my point is still valid |
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so not buying today because tomorrow may be cheaper is an horrible strategy in an clearly up trend... What a hell of strategy: so it seems you have a crystal ball. Good advice. Maybe the wisest and easiest strategy (discussed many times here) to be applied today is the one that consider buying small amounts of gold and BTC every month no matter what the price is. Anyone can find out how much is a good investment to start with depeniding on someone's needs. |
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Andreas Antonopoulos taught something to me: BTC is worth one BTC.
I don't care about these threads anymore: if bitcoin will give me freedom (financially speaking) that'll be good.
BTC gave me much more than money: to quote mastercard that is really priceless.
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