Down from when? And bitcoin price is going up again so that is normal when it happens for everything else to crash. Because bitcoin is one of the few coins with long term value and people were in other currencies so they could put them back into bitcoin.
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Money I dont know, does it have value that is worth money? Yes. Personally I think what is and what isnt money is more of a legal definition than a theoretical one, but thats just my opinion.
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You guys ruined it all. Bitcoin is now fucked and getting more fucked everyday. I think the end in near.
Chart is showing core market value of CORE innovation/progress vs altcoins. You can allso see that as CORE progress VS alt-coins IMO. This chart is falling hard and HF can makes new lows. I think that market is usually give a fair price of items: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FrCjJzgW.png&t=664&c=zkla_SwPjQFhnw) Core would be making progress if BU let it. Miners are blocking segwit, not because they agree with BU, but because it gives them more profit. R/btc loves Jihan who mines 0 mb blocks making transaction fees more expensive, while bitching at core for raising transaction fees. You cant have things both ways. Segwit would literally cause todays immediate problems to disappear because even if all the wallets didnt use it, many will. But the only reason btc doesnt like segwit is because if it passes, they lose leverage on getting a hardfork upgrade. Just fork already I dont give a shit anymore. Id rather a $500 bitcoin with actual upgrades than what we are going through now. Call rogers bluff, call jihans bluff.
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You could gamble your money in altcoins and ICOs but I would say youre better off just leaving it alone. Lending/borrowing a severely inflationary or deflationary asset is a terrible idea. One side always loses out and many times if its the borrower, they just dont pay it.
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Except lightning will not be working at its full capacity if segwit isnt put in place and that wont happen without a fork because BU wants to make a point rather than actually use good tech.
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Banks taking bitcoin and exchanging it into USD is fine but banks actually holding private keys is just asking to be hacked and losing funds that cant easily be replaced. Even if they insured everything new of a 100 million dollar bitcoin hack would push the price up and force them to get coins at a more expensive rate, which they wont do. Its a bad scenario.
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Devlopers hands down. Let the technical people do their job. Its okay to have an opinion, but people like Ver who are Pseudo economists and not even technical shouldnt be able to stir the pot as much as he has. Also the miners would never raise the block size because they get more money by mining 0 mb blocks and pushing up tx fees.
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Ill let you know when I cash out ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) as for now, im doing pretty well. To be honest though, it was always an all or nothing thing for me though.
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Honestly, no it wouldnt. A large percentage of the bitcoin price is speculation and in my opinion if you took that away, the price would drastically fall. Speculation can be a good thing though as the currency is deflationary in nature and over time the price should increase because it is less available(assuming that demand stays the same).
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I was contacted recently about one in an early stage and I declined it because even with MLM schemes there are so many that fail completely and never catch on. If you were lucky and got in early at onecoin you made a shit ton ( if they even let you get it out), but there are so many where you would have just lost everything even if you got in at the bottom.
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If you are going to be saving it for a very long period of time, the S&P500 is the best bet. Even if the market tanked you would still over a lifetime make around 8-9 percent a year. Pay your taxes when you cash out, throw it in the S&P and sitback and relax.
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I don't know if we even need to teach kids about bitcoin. I dont see where they would get value from it. Maybe teens buying drugs or saving up for the future, but there are very few application that would help young children in my opinion.
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People have been saying this every year for the last 40 years. There might be a correction, like what happens in market cycles every 30 or so years, but a full blown crash is very unlikely.
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I dont like gold because its not finite in a way that we know, like bitcoin is. Last week they just found a massive mine in China which will be pumping gold out like crazy now. Not to mention that everytime the price of gold goes up, a bunch of miners start up operations again until the price gets pushed back down and they become unprofitable again.
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Thats 100 a week. For mindless online work, thats a lot. Most of these comments are probably pretty BS. Most people making that are speculating/ mining new altcoins and selling them when they pump and hit an exchange.
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Is there a site where I can see the profitability/cost of a masternode?
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Hopefully satoshi is dead or has lost the coins for good. I dont think anyone wants the mystery ruined, or a billion dollars dropped on the market.
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I always said that if I could change one thing about bitcoin it would be to smooth out the coin reward drop every x amount of blocks.
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I would store them in a cold wallet prior to the fork. Personally I am going to hold both coins just in case, but pulling either coin out of one of those private keys should be easy enough.
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Nice video, if you ever meet the guy who owns it, ask him what hes paying in fees to put it in the mall. I looked into it around me and they wanted extortionist rates.
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