Get a job. Earn money. Buy bitcoins. There is no better way.
What is the purpose of buying bitcoins? To invest? Different people have different reasons for obtaining and using bitcoins. I personally like the 15% discount I get on Amazon through purse.io. |
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As a regular Full node operator, how can I block a mining pool? That would be risky, i mean, dangerous precedence. U have officially no reason to block miners as long as you run official bitcoin code (it handle malicious miners automatically). So be very carefull what you want to accomplish here, because in reality you could cause very bad things for bitcoin as a whole. There is no "official bitcoin code". |
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I read in other topics of this forum that there is a way for regular users (with full Bitcoin nodes) to block mining pools - more precisely: to not accept blocks from certain pools.
You can refuse to accept any blocks that don't signal segwit. You will need to modify the code in order to do that. However, be aware that your block chain will be stuck because there are no miners that will build on your self-imposed fork. Perhaps a workable approach would be to refuse to relay any blocks that don't signal segwit. The effect would be to increase the probably of those blocks being orphaned, albeit only by a tiny amount. |
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Localbitcoins face-to-face cash
Also the Mycelium wallet has a built-in trading feature called Mycelium Marketplace.
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Asia is taking the lead in the race to adopt the distributed ledger technology – commonly known as blockchain – with financial hubs such as Hong Kong and Singapore, says the Managing Director Asia-Pacific for Ripple, Dilip Rao. This view is somewhat supported by a latest report that says Asia, especially China, is home to about a third of the 22 fintech unicorns – startups valued at more than a billion dollar – that are globally valued at $74b in aggregate. http://news.8btc.com/why-asia-may-lead-in-blockchain-adoption-sooner-than-expectedThe U.S., with its Byzantine financial regulations, will be left behind as the center of financial power moves to Asia, and will become just another in a long line of those crumbled empires with nothing better to do than to wax nostalgic about their former glories. |
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There is no single price. The price you see is generally the price of the last sale at some exchange somewhere, or some kind of average of prices on multiple exchanges.
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Depends on the country, but here are a few: Coinbase, LocalBitcoins, Gemini, Kraken, Bitstamp.
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Hi,
i have found a wallet with 40 BTC.
The last transaction was 2011.
Can i take the money?
Or is it not legal?
Please Help!
Best Regards!
You found the keys to a car. Can you take the car? Is it legal? |
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But I think that because Bitcoin mining isn't as profitable as it was before there will be a hike in transaction fees to cover the financial incentive for miners, ...
Miners don't control fees. They take what they can get. Of course, any miner can set a minimum fee, but that would be turning down free money, and it would be a bad business decision (unless they are part of a cartel, of course). The next Bitcoin Halving will decrease the Block reward by half. So a Block will generate only 6,25 BTC which means that the supply will decrease and the demand will still be increasing.
The Bitcoin money supply does not decrease. Even with the halvings, it is constantly increasing until it reaches 21 million. The market supply also does not decrease (or more accurately, shift to the left) because bitcoins are not consumed. Every ten minutes there are more bitcoins, and there are more bitcoins to trade as a result. The current subsidy is 1/ 4 of what it was 5 years ago, yet the exchange volume it is higher now and not lower. |
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With bitcoin when difficulty increases and mining the coins becomes harder and harder price will go up one way or another. Now imagine what happens if miners right now stop selling just 6 BTC out of each block reward they get which is 12.5 BTC that alone will have a great positive impact on price we just need to test this theory of mine and see what happens only if miners listen  . First, price determines difficulty, and not the other way around. If the price goes up, miners invest in more capacity. If the price goes down, miners shut off unprofitable equipment. Second, total BTC exchange volume is 20k - 200k BTC per day (depending on what you are measuring). Your proposed decrease of 864 BTC per day will have no significant impact. |
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In basic terms, each bitcoin is currently worth about $1050, so 16 million bitcoins are worth about $17 billion. If you add $10 billion to that, then each bitcoin would be worth about $1690.
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Was reading an article online which lead me thinking to what will happen after the next block halving> http://www.bitcoinblockhalf.com . I know Bitcoin has a limited supply, so does that mean when all bitcoins are mined there will no life after this time or we shall rely on the available coins to keep circulating or we all have to migrate to the next best altcoin ? Contrary to popular misconception, the "supply" of bitcoins is currently 16 million, and not 12.5 per block. When all the bitcoins are mined, the supply will be 5 million higher. Also, if mining fewer bitcoins had some detrimental effect, we would be seeing it by now. |
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The Chinese government cannot regulate Bitcoin. The most it can do is regulate or restrict the use of Bitcoin by its people. Its actions do not affect anyone else in the world.
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In other words, you believe that someday a bitcoin will be worth $1 million (in today's dollars). That's a fact.
Maybe. Maybe not. Don't hold your breath. It's not guaranteed, and I believe that it is not likely. |
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I know that mining is impossible right now for BTC. Of course is not possible unless you're a mining farm!
That is the popular misconception. It is not true. If mining with a single miner is not profitable for you, then mining with 1000 miners will also not be profitable. Likewise, if a mining farm would be profitable, then mining with a single miner would also be profitable. Some people may be able to buy electricity and equipment in bulk at a discount, but that is not going to be a deciding factor for most people. |
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"admitted" is an odd choice of words. Here is another quote to add some perspective: Fintech, or financial technology, is a type of financial service like PayPal, bitcoin and Venmo, where transactions are digitized and, according to Schulman, cheaper, because they are not subject to fees that often come with cashing checks or transferring money in person.
There is a war against cash that is designed to give government and banks more control over your wealth. And then there is the war against cash that is designed to give people a better alternative to pieces of paper, such as Bitcoin. |
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I earn bitcoins just to buy games and in game items from Steam.
Signature Campaigns play an important role in helping me earn bitcoins and then use them.on steam
Not only steam , g2a also accepts Bitcoin . It is also a site which you can trust.
I have till now purchased cs go for $8 and it's ingame items worth $16.
Those might just be the most expensive games you have bought in your life, if Bitcoin's price goes to the Moon later this year.  ... I guess what you are doing with your signature campaigns earnings is your business, but I would rather want to see people hoarding some of their coins to reap the rewards when Bitcoin goes to the moon. I have a rule : Hoard 80% and spend 20% to stimulate the economy and to support companies that accepts Bitcoin or they will stop doing it.  Even better: if you spend bitcoins, buy more. Then you don't have to worry about the rising value. That's what I do. I still have my initial investment even though I have spent a bunch of bitcoins at Steam and Purse.io over the last year or two. |
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So it is true then that these exchanges are faking their volumes. I see this as a welcome change. Hopefully with all those fake volume gone, the backlog would be reduced and transaction fees would go down.
1. That does not show that the volumes were faked. It is no surprise that trading volume dropped when trading was no longer free. 2. Since exchange trading is not done through the block chain, a drop in volume will have little effect on transaction backlog or transaction fees. |
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