USD. Simply because it is more stable. You can't actually tell the true value from charting Bitcoin, because of the huge volatility.
but the issue with USD is that majority of altcoins are not even traded against USD! they only have markets to be traded against bitcoin (of course there are random small markets in small exchanges like c-cex with fiat but they don't count). so you should stick to the market that is available not something else. also those minorities that have both bitcoin and fiat markets are mostly being traded against bitcoin and people measure them that way too. these two make bitcoin like an unofficial base of comparison. |
|
|
|
what is a bank? it is just a service that is offered on money. these services are so many different things. such as loans, credit cards, savings account, Checking accounts, other types of account i don't know the name of in English  , Insurance stuff, Mortgages, Safty Deposit boxes, ... banks doesn't have to be affected by bitcoin or bockchain technology. it is just a different form of money! |
|
|
|
BTC has shown its exaggeration by following the booming trend, BTC is now at 4K price and still continues to reach 5K.tapi journey is not as good as toll road, now today down $ 4,227 because the road is being built.
the today's dip is mostly because of the increased activity of the "fork panic" topics all around the media. and we have already have it twice this year. - once when the BU started to gain some support. - second when BCC started being something. - and now with 2x thing! it seems like a never ending FUD that goes to sleep for a couple of months just to wake up again  |
|
|
|
the real bitcoin will always be the chain that has the most support from EVERYONE. so far this has been true and hopefully in the future this will continue to be true. and everyone consists of all the users (nodes) and services and businesses out there. this has to be the majority so you can call it bitcoin. the rest doesn't matter if they were the old chain, the new chain, the 2x chain, the cash chain, the 1x chain, the gold chain, .... will be an altcoin doomed to fail. #consensus (21% of them already)
21% of what? of hashrate (that's what matters anyways)? do you have a source for it? |
|
|
|
They're just telling the truth  ) But beside these guys there are some guys like JPMorgan Chase CEO tried to dump the Bitcoin price to buy at lower price just by telling some wrong things about Bitcoin and made people afraid about it. For me, I don't waste my time to care about this case much although they said the truth or not I just believe in Bitcoin and I believe that it can easily get to 10k$ soon many people are intimidating against bitcoin price movements. but it never hurts to keep believing in yourself. do the analysis at any time because we can not always rely on others. others usually also want to take advantage and they make other people's minds go wrong. this is to be avoided as JPMorgan has said, he panicked many people with his words. i don't really see anyone being intimidated by bitcoin. they are wolves in sheep clothing who have seen the potential of bitcoin and their wolfish smiles are showing their teeth, white and sharp. as we already saw one sign of it, one of the biggest one is already involved in bitcoin to the neck and is making a lot of money with manipulating market. |
|
|
|
So, I want to talk about the development process. You know, developing on blockchain is not like waving keyboard, they can't make things done in 1 day. It may take months or year.
it actually is just as easy. these days you just find the code and copy paste it and you get yourself a new coin. the same with the ICOs. for someone who knows how to do it, it will take a couple of minutes to a couple of hours if you want to really work on it to release something pretty enough to fool others. What do you think? Please share your opinion.
the question should not be about time consumption of the process but instead about the process itself. what i mean is that you should see "what" they are developing not how long it takes to develop it. we are talking about cryptocurrencies and no matter what they develop none of them except bitcoin have really reached any level that you can call them "currencies". and don't even get me started on ICOs that they don't really do anything. they just call themselves "company" and pretend to do something until they get enough money in their pre-sale. |
|
|
|
|
when you go in yobit your assumption should be you enter bitcoin and you can only take bitcoin out. anything else is going to need a huge luck to be able to find a wallet that is active and working. i seriously doubt they even run the wallets for 80% of the coins they have listed. i have seen coins that don't even have a blockchain and Yobit still has them in their list!
follow this rule/assumption that i told you and you will be fine so far as they don't run away or run out of bitcoin to pay people.
|
|
|
|
|
why do you think bitcoin lost the "strength" to want to gain it back now?!!
what bitcoin lost was a lot of weak hands that were shaken out. now the coins that these weak hands were holding is in the pocket of the whales and the few who bought alongside the whales.
bitcoin is just back on the same path without weak hands for a short while before they come back running.
|
|
|
|
|
first it depends on the bot.
not all bots are the same and not all of them are doing the same thing. some have better features, some have better code, some are more flexible, ... depending these things they can be more or less profitable.
second it depends on you.
you need to know how to trade and how to make profit. a trading bot is not just a button you click to make profit automatically while you sit back and relax.
|
|
|
|
|
your topic is very misleading because it is not a weakness with 2FA in general. and 2 Factor Authentication is a wide range of different things as a second layer of security.
what the article is pointing out is some weakness in the network system that can potentialy be used to read SMS and listen to calls.
but the common way of using 2FA is Google Authentication which uses neither of these!
|
|
|
|
what do you think would happen if you leave you cash on a park bench? the same thing will happen to your bitcoin if you leave your private key on the internet somewhere. the more crowded, the faster it will go   |
|
|
|
[snip]
is it true is altcoin? if true I think it will not have a big impact for crypto itself instead. but I'm still curious, let's wait
yes, "bitcoin gold" is an altcoin which is also going to change how the mining of bitcoin works so that it can be mined with GPU. if you ask me that is a futile effort but it may be interesting to see how it is really going to work. and don't forget that BTG has a huge premine which they are calling "ICO" for some weird reason! |
|
|
|
Bitcoin is still under development. For me, it's a great form of long term investment. However, I would like to participate somehow in its development. Transactions take far longer to confirm than for example for Visa. Transactions fees are pretty cheap right now. 1 month ago I paid about $10 for one transaction! 3 days ago I paid about 30 cents, that's what I was expecting.
if you paid $10 for a transaction then that means your transaction size was HUGE. because $10 was nearly 0.0022 BTC. so your transaction should have been nearly 1 kilo Byte that it needed such a huge amount of fee. regular transactions which regular size always required less than 1/3 of that amount you paid. |
|
|
|
there is no Uber in my country but doesn't Uber already accept bitcoin, i remember reading something about it some time ago!
in any case if you can find enough people that actually want this, then why not. make a petition or just directly contact them and show your interest. they may do it if they see enough demand for it.
They were thinking about letting users tip with Bitcoin if I remember correctly. They don't currently accept it as payment. It's a step towards the right direction at least. But yeah, starting a petition might be the best way to grab their attention. How many signatures do you think we may need to make a splash? it is hard to say, because it depends on them. some people are more flexible towards bitcoin and doing stuff like this than others. so one CEO may require a lot of push where another may only need a nudge. it also depends on how many customer they have. i'd say in comparison the signatures have to be a good percentage of their customers. |
|
|
|
|
whether it is good to invest in bitcoin or not depends on your plans in my opinion.
- if the plan is day trading then it is always good to invest in bitcoin. the volatility helps you make good profit from it.
- if the plan is long term investment then any time is good time to buy bitcoin because the long term trend is always rising and you can make profit.
in any case you should always try to buy in the dips to increase your profit and also remember to invest what you can afford to lose. don't go all crazy in and don't lose your mind when price goes lower than what you have bought at!
|
|
|
|
60 addresses with early 50BTC block reward in them and someone had the keys, or found/rescued his old keys.
Do you have a link to that thread?
i don't remember anything interesting about that thread although there has been a couple of them. these coins were moved after the Bitcoin Cash fork off. which brings up the possibility that someone wants to get ready to claim his airdrop. although coins on BCH chain has not yet moved, so this is speculation at this point. maybe the owner is waiting for a pump or waits for people to stop watching him so he can sell them without crashing the price of BCH. I remember reading, that if someone would ever spend a single one of the early 50BTC block rewards, which are assumed to belong to Satoshi himself. Then the value of Bitcoin would collapse, because that could mean that someone controls keys to all the 1000000 coins in those addresses and they could come and crash the market.
the early blocks were mined by more people than just 1 satoshi. the 1 million is also a big guess. we don't know how much coin Satoshi really owns. but yeah if these coins move, they can cause some panic but i don't think there will be a big "crash" and i seriously doubt that Satoshi is going to move the coins to dump and crash the market in any sense. |
|
|
|
Yea he didn't see the potential. I think it's pretty funny and ironic that one would use $5000 coins for pizza. and 10000 of them as well. but whats done is done, no use crying over split milk.
the "potential" was the fact that he took a decentralized digital token (practically some numbers on the computer back then) and used it as a currency for the first time in the history. and obviously he did not posses the magic ball you have to tell him about the future. and who said 10,000 bitcoin was all the bitcoin he ever owned? have you ever thought he may have 1,000,000 coins right now! |
|
|
|
|
there is no Uber in my country but doesn't Uber already accept bitcoin, i remember reading something about it some time ago!
in any case if you can find enough people that actually want this, then why not. make a petition or just directly contact them and show your interest. they may do it if they see enough demand for it.
|
|
|
|
Many Early adopters still have BTC in their bitcoin wallet and they are rich now but the problem with all of them is that either they never stored anything or the machine is not with them or they forget the password of their wallet. Although they are trying every possible step to make it possible to get their coins back it looks impossible as of now.
Are you sure that many of early adopters still have BTC? Because as said in previous DannyHamilton posts, many of these early Bitcoin users sold their BTC on the first more meaningful price increase. Some sold for few dollars, more patiently people sold it for few hundreds and only small part of early users is still hodling. That's actually more interesting than OP's question IMO. How many people who had a significant amount of Bitcoin back in 2009/2010/early2011/ still have part of their original bitcoin from back then? I really can't imagine that someone wouldn't sell if the price increased by x100 or x1000. It must take a massive amount of willpower to resist that. when you sell, you don't sell everything you own. you can still sell a small amount and be happy about it. it is like buying, you don't invest all your lifesavings and sell everything you own to buy bitcoin so why should you sell all when you are selling bitcoin. imagine having 1000 bitcoin and price goes up to $1200 in 2011. selling 1/10 of your total stash gives you $120,000 and you still hold a lot. |
|
|
|
|
Show Posts
