As said not this hyper, price will go up but may you need to consider 2200 rather than 2020  I think bitcoin will reach 10k+ in 2020. Maybe 100k+ even. And what is the use if due to hyperinflation USD 10k buys you a loaf of bread? Yeah I'm a millionaire.... happy happy joy joy :-) The cost of bread has gone up 20x in the past 100 years. You're saying you believe it's possible for it to go up 4000x in the next 5 years? Lol. The Fed will never let that happen. Seems like you dont understand how the economy works. The fed cannot do anything about it, hyperinflation is inevitable, you should read my thread about inflation and how it works to learn more: https://bitcointalk.org/index.php?topic=1147264.msg12091062#msg12091062They can stall it or let it collapse, in both outcomes hyperinflation will happen. |
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Unless you have instantly sold for fiat, you've lost money. The very thing that Bitcoin, according to techgeek, is meant to protect you from  Unless the devs stop bickering and sabotaging it, we cannot have a safe currency. Fiat is crap but until this big mess gets sorted out it seems a better haven (at the risk of bail-in). I`m thinking about Litecoin ,NXT, Bitshares, Ethereum and maybe Monero and Nushares, as a basket of safe haven for now, I`d not switch to fiat personally. If Bitcoin survives it becomes stronger, if it does not then the Altcoins will have something to learn from! |
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How about decentralization for big transactions and centralization for small ones?
It's pretty hard to achieve decentralization on all levels, but we could use XAPO, COINBASE, BITPAY etc to transfer inhouse small payments, and their API could be integrated in any bitcoin merchant's system.
And for larger transactions, with larger fee, we will use the blockchain.
If this system would be realized then we would not need XT , and the blocksize increase can be postponed for alteast 20 years, until then hopefully miners will have better internet connection and bigger hard disks.
Why is it not viable? I just cant understand how the developers cant reach a consensus. It is embarrasing, and I start to lose big faith in them.
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Now I`m getting scared, I am moving half of my bitcoins into litecoin.
I even changed my avatar from a strong bitcoin head with 2 muscular arms, into a faded dark bitcoin (due to crappy devs) whereas the Litecoin will shine above.
Bitcoin could fucking hit a 150$ low, if this shit continues.
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the craziest shit i think is shit (Real shit) take a look here Lol. shitexpress.com
Holly shit, i must have missed your post, now I see, so you can send shit for bitcoins? Thats must be the ultimate prank / surprize that you can send for Christmas to your enemies/rivals  |
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well it depends on what type of machine you are gonna work or use it in..like if you are using a pc then you have to select between a heavy or a light weight wallet..thay means bitcoin-qt or light wallets like armory,electry,hive etc etc..
I will suggest to use electrum wallet as it is convineant and smooth use with those transactions
Armory is not light weight wallet. Its heavy weight, ultra heavy weight. The blockchain is like 73 GB, Armory builds another 40.6 GB of databases so it becomes 113.6 GB or burden. Although I use Armory too (with Electrum), but its is becoming a real burden.
I can not see any bugs but suggestions. Read ThomasV's post. He has addressed all your questions/statements. Electrum is pretty safe as a wallet.
I`ll just wait a few more releases before I start using it, for now Armory is good, I can wait 2-3 more years. |
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1) blockchain.info
Its the fastest and most reliable, others are crappy and show fake transactions, sometimes the amount is not shown correctly. Or just hard to interpret the TX data!
funny how you say that, as blockchain.info is actually the one that shows fake transactions because their ledger doesnt even check to see if a transaction is valid. there's actually an unconfirmed transaction (for 2 years and running) from satoshi's address on BC.i that isnt shown on any other block explorer. Well blocktrail does the same, i thought blockchain.info showed valid TX, atleast i saw my transactions there and they were ok. Perhaps some fake ones that got in there, i see they are updating it every day so i hope they will improve their service. If you mean that BlockTrail also shows fake transactions, then you are wrong. BlockTrail has never shown any fake transactions. I was using it a few weeks ago, and It showed me TX that wasnt on blockchain.info, and I crosschecked it with blockr.io, and it was on blocktrail. Now it may have been a rare bug, but i just happened to saw it. |
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I don't think 0.02btc can somehow can make any profit but if you put effert in it then sure you will get profit in it too..how about invest in it on any gambling site's bankroll..or try to improve your trading skills with this
Well scattering it through many altcoins is also a good idea, but you have to choose them carefully. There are many ICO scams nowadays, devs just make 10-20 btc scam coins, they bankroll, and then abandon the project, then it either dies or it gets picked up by another scammer that also demands money. So you can make money but its risky, try investing in more reputable devs (sr member or above) and who are dedicated and serious about their coin. |
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If the blokchain werent that huge, then I would try it out. Also you need to work on the graphics , it looks horrible. A 2d interface, but with a bit of shadows and 3d aspect models would look much better.
For example try rendering in 3d and then flat it out to have a better perspective camera view.
graphics are taken from royalty free archives, to do what you ask a graphic designer is needed, if someone have the skil and want to help he's welcome, btw i could use new graphics on my client, but it will only be valid on my client of course, i think this should be "client agnostic" but... maybe having custom graphics on different clients could be interesting even custom maps could be used (i could crate a space theme in theory), the only important thing is to respect the "walkable/non walkable" tiles, all the other things can be changed as a note: talking about my client: i don't have time to invest on graphics too actually, I was working on an isometric map time ago, but then left the work uncompleted because i had more important thing to implement Well then the graphics are secondary, the primary goal then is to create a liteweight wallet, but for a fee. So for example it would work like you can access the game platform from liteweight, but 1-2% of your profits will be deducted, which will pay for the maintenance cost of the liteweight. What do you think guys? |
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Well my sig campaign pays (maximum, to my rank) 0.5 BTC /month, so that could be 1 BTC in 2 months.
There are other campaigns that pay more, or for senior members or higher, and it could be higher so you can earn it in less than 1 month.
So my guess is that, this thread should be renamed, how to earn 1 BTC / month, because its doable.
Are you really 0.5/ month,,? Can i join it,,? Yes if they award you the maximum (for quality posts), you can post maximum 200 posts , and they pay bi weekly. That is 0.0013 BTC * 200 = 0.26 BTCAnd there are 4 weeks in a month so you get maximum 0.52 BTC / month if your posts were high quality. Otherwise the minimum is: 0.0008 BTC , with that you would get 0.32 BTC So the max payout is: 0.32 BTC - 0.52 BTC monthly, for Full Members (more for senior & above) oke i will ceck it i will ceck your signature campaign rules anyway i hate a dice hello i see your signature camoaign is ended (closed) why you still use it ? https://bitcointalk.org/index.php?topic=1118826.0That must be the old thread, this is the new one: https://bitcointalk.org/index.php?topic=1119780.0It works and they pay very well, I think they got escrow too now. |
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I found this picture by searching google:  What do you think about her? |
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To engage with the fellow bitcoiners and the community. This is the only, or single biggest forum for bitcoiners for all around the world, so its the only place to go If you are into bitcoin, then you must have an account in this forum. |
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Ok I edited the first post, now you can see all sites there that have been suggested in this thread.
But if you know anything else that havent been listed, please tell us. I want to make a list here so that I can diversify my money into many investments.
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price will down and down and down. so sell your coins now before price is lowest than now  i'm already sell all my bitcoin and wait price down under $200 i will buy again bitcoin good luck with your selling. waiting for the price to go below $200 might not happen at all. however, it might go down to very low $200 level. but it's definitely not worth selling now and hoping to buy back a little cheaper. Because when you buy again you have to pay big comissions (if you deposit from credit card) or taxes like sales tax, etc... Its better to buy & hold forever, or until btc reaches 1 million $, then buy a lamborghini directly with it. |
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Once again, you don't know what amount of coins actually enters the circulation and how much leaves (being lost or otherwise done with for all). So your assumptions are no more than wild guesses...
Even if all other factors had been kept constant
I do know how much enters the circulation. https://blockchain.info/charts/total-bitcoinsI dont know how much gets burned/locked away (but even if this would matter, it gets priced in long term, one of the reasons bitcoin didnt dropped below 150$ is because satoshi has burned alot of coins and he never sold at bigger crashes, so its somewhat safe to say that 100-150$ is a strong price support). If the miners dump the coin after they mine it, then obviously the price goes down (I know how much gets mined, and I know how much price decreases, so that can be measured). I dont know how much they hoard, so I was asking you about that, what is your knowledge how much mining pools hoard and how much they sell, this is the big question.I've thought about this (though toward doges). Well, it is possible to write a routine that would keep tract of bitcoin wallets (through the blockchain). I abandoned this idea, since the efficiency (accuracy) of price prediction (which is what evidently is your aim) would be no better than that of flipping a coin (actually, even less)... In short, you are wasting your time Not necessarly price prediction, i`m not that interested in bitcoin speculation, since I wont really be selling my bitcoins. In worst case scenario I would move it into altcoins ,but not back to fiat. Maybe you looked at low timeframes (hourly,daily) , bitcoin has little sample of data, and the trading noise is big, your signal-to-noise ratio is small so you want to look at larger timeframes. I used to research forex trading bots, but then I gave up the idea, because I realized that financial markets can only be predicted in larger than 1 year timeframes, and the ROI is small ( so forex get-rich-quick trading bots are most likely scams), not in 1 minute charts or silly stuff like that. With bitcoin you have more data, and accurate data (not central bank lies), so it is possible. Yet we have only 6 year history, so its not viable now. |
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I dont understand why is the 8 MB block size such a big issue?
Why would big attacks happen at 8MB but not at 1MB , they are just 2 arbitrary numbers with no significance ? I don't get it, please explain.
There are many attacks possible. Some work better against the majority node and others work better if a node is in the minority. The advantage of 8MB blocks vs. 1 MB blocks is spamming them cost 8 times more. When the costs move from $1,000s to $10,000 or $100,000 per day, the number of possible attackers is reduced many orders of magnitude and the time they could support the attack diminished. Just moving fees from 1/1000th of $ to 1/100th of $ or 1/10th of $ change the completely the economy and feasibility of the attack. But someone telling just "there are a variety of attack that could" is just telling nothing. And, anyway, antifragile is just "what do not kill me make me stronger". Let spell out these attack vectors so they can be neutralized. So you are in favor of raising the block size to 8MB, me too. It seems the most logical way to me. If you want compressed blocks then for offchain transaction, maybe XAPO, Coinbase or Bitpay, will figure out a secure offchain BTC transfer. The problem with XT is , that its a standalone chain, with mining and so forth, so it can fork bitcoin. An offchain like XAPO, Coinbase or Bitpay, is centralized, but requires no mining, so small transactions can be performed that way. ex. One friend sends 1 BTC to another friend, while both having Coinbase accounts, so it just transfers from 1 account to another. If the 2nd friend wants to withdraw the bitcoin, then he can, but for pointless back and forth TX, the offchain is enough. |
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lol man are you mad ? 1 year for 1 btc .. go and find a job its more good choice
The only thing is that most people looking to make amounts like that are children that are given a computer. $200 an year is absolutely phenomenal to them. Some day bitcoin will be 10,000$, then it will be more interesting. Its nice to see how the new generation will become wealthy, if they are using bitcoin, as if the price reaches big amounts we will all be wealthy. |
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Once again, you don't know what amount of coins actually enters the circulation and how much leaves (being lost or otherwise done with for all). So your assumptions are no more than wild guesses...
Even if all other factors had been kept constant
I do know how much enters the circulation. https://blockchain.info/charts/total-bitcoinsI dont know how much gets burned/locked away (but even if this would matter, it gets priced in long term, one of the reasons bitcoin didnt dropped below 150$ is because satoshi has burned alot of coins and he never sold at bigger crashes, so its somewhat safe to say that 100-150$ is a strong price support). If the miners dump the coin after they mine it, then obviously the price goes down (I know how much gets mined, and I know how much price decreases, so that can be measured). I dont know how much they hoard, so I was asking you about that, what is your knowledge how much mining pools hoard and how much they sell, this is the big question. |
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So the price is decreasing by 10.2247% by default yearly, however due to other market forces, adoption, investments, etc. It might be less, or the price could increase massively too![/b]
As I said, this number is ultimately useless, even technically speaking (purely inflation-wise), since you don't ever know how much of newly mined coins will actually enter the circulation and how much is irrevocably lost within that time (365 days or whatever) or altogether... The notion of inflation (expansion of money volume) is meaningless beyond circulation Well we dont have a CPI to measure prices, the only price we have is the Bitcoin price. Which is hard to measure on since it has been fully packed with events over the last 5 years, and it wasnt just the static noise traders do but big events distorting the price. I guess I could do a correlation test between bitcoin mining & bitcoin price, but it would not be accurate on such few sample data.This had already been done a few years ago (there is a thread somewhere around here just about that). There is no such correlation between newly mined coins and bitcoin price. To see this, you don't even need to run any tests... It is enough to look at the price chart Well maybe the traders don't price it in. Do the miners usually dump the coins right after they mine it? (from my experience they do) If they do, then the price decreases from newly mined coins. If they just hoard it, then it doesn't. I guess its the same bubble container (as I call it) as with fiat is the stock & bond market. Hoarding sucks up inflation and it trickles down in smaller fractions, when somebody sells small portions of their assets. (as stock market correction vs stock market crash) |
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