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I see a ridiculous ATH, maybe 6 figures, catching up all the so called "realistic-conservators". They will think, "oh, we might see the last ATH again, we'll hit 1K". Then, they sell at 1K, we see a small correction, at about 700 dollars, then the big big money out there jumps into Bitcoin. Bang, 10K dollar a Bitcoin and a lot of 1K sellers committing harakiri.
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Yep...not like im new to btc or anything but WHY is it, every time the pot starts to bubble, I run off to count my piggy bank for "just a couple more"? Lol
I'm curious if anyone else (that has been around long enough to know better) still gets these vibes?
I've been content buying the dips AND the tops...little at a time. Today was the first day in forever that I checked price more than once in a day lol...usually a sign that I'm gonna panic buy and of course, watch price drop the second in do.
Pb2k
It's simply. Everyone is scared as hell to miss the boat. Everyone knows deep down that this technology is here to stay and will only get better and bigger. Even haters. Haters are the most hilarious. They try to auto convince themselves that it's not worth it, but deep down they know something is up and have that itch to buy, they just don't want to buy because they are scared of losing money. All /r/Buttcoiners idiots suffer from this syndrome. Let them burn once we go Jupiter. |
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It is even getting better nowadays with good news. Bitcoin gets more trust buddies. We will see $300 in near.
Good news isn't pushing the price. It's more the fact that people think the price will sky rocket as the halving comes closer and closer. They simply buy to not miss a profit making opportunity. Good news too... look around and you will see it easy. Just the other day Europe decided to officially treat with Bitcoin as another foreign legit currency (so this means no VAT). This is MASSIVELY good news. Im sure this is a % of the price boost, among a bunch of other good stuff going on as we speak. |
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The debt of United States its a bit ugly, its impossible to return it. And I suppose that isn't the only country that will have problems to pay its debt. Yes they can impress more money to pay, but with this movement they create new debt. One of the big things of bitcoins its that there is a limit of bitcoins, you can't "print" more bitcoins.
No country can pay his own debt, thats the thing. All fiats are all prone to collapse, it's like an ever ending vicious circle. The inflation will never stop because growth is only possible with more inflation.. until you get into a comma. OP I suggest that you start polishing your Bitcoins too. When people start leaving their own homelands to other countries they will carry Bitcoin way easier than Gold. |
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1) Make money
2) Never lose money
This means, make Bitcoin, don't waste it. Stack stack stack. Stack as much as possible. Hold long term and trust in what you are putting time at. Trust that history will prove you wrong and trust you are being a pioneer in something huge where 99% of people out there are still ignorant at. This is the only way to get huge.
For others it may not be Bitcoin, it may be their business, or their acting career, whatever. For me the big thing on our lifetime is going to be Bitcoin.
That is basically saying, make money, don't eat, live on the street, hold onto the money. That isn't the best way ever. You need to balance balance balance. Have rules and follow them according to how you live. Well obviously, "never lose money" phrase has the world lose on it. Losing means in this context basically wasting it. So of course you can buy food and rent, it just implies that you shouldn't waste it on unnecessary stuff that isn't crucial. Only this way you will be able to save any relevant amounts of money at the end of the month. |
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Anyone likes the fact this forum can be fully usable without even needing javascript on? It's just basic as hell and it just works. I also like the idea that emails aren't really relevant so if you lose your email nothing wrong will happen.
Sure it could improve certain things but I wouldn't change stuff to lose simplicity. For example im trying out bitcoin.com forum and it's annoying trying to browse unless you use all scripts on and a good computer, my poor man computer gets bloated in a thread with a lot of replies.
So please keep simplicity on mind when the forum updates.
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I just don't get the concept of trying to regulate Bitcoin to be honest. Do they regulate TCP/IP? Ultimately Bitcoin is just that, a protocol. A guy may or not do evil things on the internet, that doesn't mean they regulate the protocol itself, they regulate whatever services are provided through the protocol. This is nonsense to me. Bitcoin will reach a point where the tech allows for anonymity that makes it trying to tax it or regulate it a losing game.
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Easiest way to do this that I know off is by going on blockchain.info, because you don't need to download anything, you don't need any software to create the address and get the QR code. Of course, I would move my funds from there as fast as possible, can't trust anything but core tbh.
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I have seen Udemy tutorials before. After seeing them and seeing their techniques, I conclude that yes, they may be making some money using the actual technique described on the videos, but, the way they are making the most money, is precisely by telling you to pay for his video which explains how to make money. So make videos explaining how to make money and exaggerate how much you win to sell more.
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1) Make money
2) Never lose money
This means, make Bitcoin, don't waste it. Stack stack stack. Stack as much as possible. Hold long term and trust in what you are putting time at. Trust that history will prove you wrong and trust you are being a pioneer in something huge where 99% of people out there are still ignorant at. This is the only way to get huge.
For others it may not be Bitcoin, it may be their business, or their acting career, whatever. For me the big thing on our lifetime is going to be Bitcoin.
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Still, Samman acknowledged Gemini's liquidity problem is one that faces the entire industry, due to weakening demand for bitcoin as an asset and what he called a "distrust" in existing exchange options. Further, he suggested that Gemini's by-the-book approach to launching in New York may have turned off avid traders, including those with libertarian or anti-government leanings.
Because unregulated exchanges were working so well? How many disappeared with bitcoins? Regulation is not always the enemy, and in this case it's inevitable and carries the benefits of legitimizing and stabilizing the currency to a very large and reluctant population of non-adopters. Net good > bad. Sure, regulation brings good things in some cases, but let's not kid ourselves here, the people that is using now Bitcoin are usually libertarians, anarcho capitalists, or hackers/geeks, the normal folk are still unaware of Bitcoin, so this means, most of the people that is inside Bitcoin are ok with unregulated exchanges. Once Bitcoin goes mainstream then Gemini will see a lot of new users over there. |
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If bitcoin job will have the same benefits as real life job is getting then definitely I will think now if I have to go Full Time on Bitcoin. Let's say bitcoin price kicks. But when?? We are talking for today and not just waiting for many years waiting for the price kick. There is still more development needs for bitcoin to replace the benefits Im getting in my real life job.
By getting paid in fiat you get stability, because (supposedly) your purchasing power will be the same 1 or 5 years from now (again assuming economy doesn't collapse) With Bitcoin you are taking a risk and betting the price will go up, which is much more interesting for me. Wages are so low that it doesn't allow you to save up much money. With Bitcoin you may make it really big in 5 to 10 years if you keep stacking while its cheap. |
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Centralized digital currency is the same as fiat. What is the point in that?
Yes there is no point for a country to create it's own cryptocurrency. It may create one if they decide to switch over to digital format by abounding the fiat completely, which is not at all possible. I will never use a centralized cryptocurrcny for any reasons because I'm already using Paypal. Of course there is a point: Getting people to fall for the ponzi scheme again by remarketing it into "electronic money" when it's the same good ol fiat shit. They want to distract everyone from Bitcoin and they will keep pushing their agenda which is making Bitcoin seem as something fishy. Meanwhile, they are working hard into a electronic centralized crypto. It's a big distraction plan to keep people away from Bitcoin. |
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For me it all depends on what I'm doing, as I am still young, I would choose bitcoin as the price has a higher chance of going up compared to fiat. So if you wanted something for the long term, then I would choose bitcoin wallet, bitcoin beats banks any day(unless it's the day bitcoin drops to like a dollar). But if i was not planning on investing and planning to use my money quite quickly, I would definitely choose the bank. If banks started accepting bitcoin, it would be great for them, more people would start to use bitcoin, as it is better, and more people will use the bank, making the bank more money.  Banks will never start accepting Bitcoin im afraid, because that would ruin their business which is basically spending as little as possible and stealing as much as possible off clients with the excuse of "oh we need super high fees because otherwise we can't run our banks". Even if this was the case, well guess what, Bitcoin is way cheaper to run and there's no point anymore in storing money on banks. |
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For the thread, before the fist 1/3 of the graph) and in the stress test (the 2/3 of graph) ... look the accepted vs rejected.  What happens when a transaction gets "rejected"? I know what unconfirmed means, but can a transaction get actually rejected? Then what happens to the money you sent them? For how long can a transaction remain unconfirmed? I thought all transactions would get confirmed eventually even if it takes days, and none get rejected. |
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I remember reading about a BIP that would basically propose that the blockchain would grow or shrink given parameters such as current hashrate, demand (usage as in transactions per second or whatever it's calculated). My question is, this sounds great and all, but im sure it has some serious problems to not be the leading BIP.
So what are those pros and cons compared to other alternatives such as just raising the blocksize at a fixed rate, or keeping it relatively small + blockstream and so on?
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What you want to looko for is dynamic blocksize rather than so called timelimits. There's actually a BIP for this. Im not knowledgeable enough to analyze this BIP, but I guess there are some serious problems with it or doubts around its functionality. On paper it sounds great but I would like to know the implications in a real scenario. What are the pros and cons of the dynamic blocksize BIP?
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Bitcoin is not to much emerged in my country which is india... But well i am trying to spread it as to give a secured and private environment of money transactions
ya it is because in india still bitcoin is not legal and they are implementing some laws on user who are using bitcoins, so their is still more time for india to accept bitcoin and cryptocurrency. still the government is in doubt If indian government announced bitcoin as a legal currency, India might be getting worse then now by corruption. Already we're facing a lot of problems because of black money. Well, you are not seeing all the possibilities. Since Bitcoin is has a public ledger, a system for public money could be coded. Like a sidechain for the goverment where everything in seen in public, so none of that money can go anywhere without being traced. Thats what they should do. But of course they will not because corruption is way easier with cash. Of course as long as people can find ways to not pay taxes they will do it, specially when they are poor and need as much money as possible. |
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I don't like how they call it Anonymous. Either they're misinformed about BTC or they're trying to make people feel at ease to raise their sales. But if you go about buying Bitcoin instantly with any electronic mean, then you voided your so called Anonymity.
I guess calling it pseudo-anonymous would confuse the common mortal.
Actually not sure if I would like to pay an escort with Bitcoin instead of cash.. there will be a transaction recorded belonging to you + an escort banging session, vs 0 recordings of that happening if you pay with cash. I don't really see the benefits to be honest. If only CoinJar, confidential transactions, Dark wallets and all that stuff got finished and properly working, then maybe people will be more prone to pay this kind of service using Bitcoin :p |
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Satoshi is among us. There is even a chance he is reading this right now.  Honestly, there are 100% chances that he is reading this right now. I mean you create the most revolutionary technology since the internet and wouldn't even check the forums to see whats going on? No one believes that. The only chance of him not reading the forums is him being dead, theres no other way. |
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