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Oct 2015 was a low point. Lets see if the price holds after the halving. At present people are holding, but after the halving there is nothing to stop people selling if things like the blocksize are not resolved.
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You don't have to use Google you know. You can use Mozilla Firefox for a browser instead of Chrome. You can use yahoo mail or microsoft mail instead of Gmail. You can use DuckDuckGo as a search engine instead of the Google search engine. For those who don't know, DuckDuckGo doesn't track you. Here's the link: https://duckduckgo.com/ |
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Honestly I've been thinking about small (like .001-.01 worth) amounts of every altcoin listed on Yobit. I'd imagine most would lose value and diminish to 0, but that's a small price to pay for the coin that shoots up 1000% or higher once every blue moon. Look at 007 right now, for example. Pumped from 550 satoshis to over .01 BTC in one night. Even if you miss the peak, and let's say you only were to sell your 007 at .001 (which is a lower price than the current buy orders) you are still looking at a payoff of over .18 BTC for every .001 initially invested.
As an experiment I did that yesterday after reading your post. I bought into 250 different coins that are in the middle volume-wise for a small amount (0.002) each. We'll see. Back in 2013, when there were only about 13 alts, lots of investors did this. And I think all of the alts got pumped in the great pump of early 2014 (bitcoin had reached $1000 and every single alt rose as well). What I don't know is if they took profits or held on thinking they would all go even higher. |
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The people who use the wallet are noobs and are willing to pay those charges. The people who use the exchange are speculators, and they wouldn't use coinbase's exchange if their fees were out of line with other exchanges. Coinbase can only put it's fees up on the exchange if other exchanges also do this - and they might in the future, if more exchanges fail and it's down to just one or two.
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There have been plenty of good female leaders. Margaret Thatcher, Elizabeth I, Boudicca. Of course all of those were British!  |
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They had $750 billion in reserves back in 2014, but it's down to $600 billion because they are drawing it down to plug their budget deficit since the oil price crashed.
If the oil price continues to stay low, they'll be selling their assets anyway, so it's an empty threat, especially as the sale of $150bn so far has had no effect on the price of the dollar...
it actually got stronger against most other currencies ^^" but they were selling over a duration of several months, starting in march 2015. http://www.bloomberg.com/news/articles/2015-09-28/saudi-arabia-has-withdrawn-billions-from-markets-estimates-shownow just compare the timeline with the dollarprice. Yup. The Americans have nothing to fear, especially with the flight to the safety of the dollar as the world economy wobbles. They should tell the Saudis to go get stuffed. |
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Is the number of block infinite or eventually it will stop generating new blocks?
The number of bitcoins is fixed, but the number of blocks is not. Theoretically once the maximum bitcoins are produced, the blocks should continue to be mined, confirming new transactions, and the miners should be paid with transaction fees. In theory, the number of blocks will continue to be made as long as people use bitcoin, keep sending transactions and the miners still think its profitable to mine. Of course if the price of BTC went to zero, i expect the miners will abandon it- when the last miner stops, it's over! |
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They had $750 billion in reserves back in 2014, but it's down to $600 billion because they are drawing it down to plug their budget deficit since the oil price crashed.
If the oil price continues to stay low, they'll be selling their assets anyway, so it's an empty threat, especially as the sale of $150bn so far has had no effect on the price of the dollar...
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BITTREX needs to explain this listing or else I think it is time to seriously worry about that place.
Did they not notice this coin is full on scam ??
If you've got concerns, I suggest you email Bittrex directly with your evidence that that coin is a scam. I don't think they have time to read forums like this. |
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Europe got a little crisis going on. The problem is Brexit. If it proceeds. EU banks need to sell their Uk stocks/holding by law.
Which makes the whole european market unstable to say the least.
What law is this? I've never heard of it. I don't think EU banks hold stocks at all. They might hold bonds, but they rarely hold stocks because they are so volatile. |
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http://qz.com/657246/airbnb-just-acquired-a-team-of-bitcoin-and-blockchain-experts/Home-rental company Airbnb has “acqui-hired” the majority of the team behind ChangeCoin, a startup that runs a bitcoin-based micropayments service, according to four people with knowledge of the deal.
The alternative lodging site has been looking at a few bitcoin and blockchain startups, according to two sources, to study what the technology could do for its services. Companies like Uber and Airbnb are built on their ability to manage supply and demand, which could be aided by a powerful, open ledger system like blockchain.
Through a service called ChangeTip, ChangeCoin lets users send tiny amounts of money, or tips, over social networks including Twitter and Reddit. But Airbnb appears to only be interested in the talent behind the company: ChangeCoin is still shopping its intellectual property, sources said.
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Try Kraken.com. You can send SEPA to them, credits within a day. Then buy BTC and send coins to your wallet.
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I'm not trolling. I'm pissed ... and the devs did more trolling than I did. I feel like I will explode if I have to explain one more time to people who don't get it why reddit is a non substitute for forums and why after raising 22 million they should feel a tiny bit of obligation to not obliterate the community. Or I could go into the straw poll done with a google spreadsheet that let you vote as many times as you wanted (instead of using their world class technology that's going to change the way nationstates vote in democracy) But ... I'm just tired of yelling. Dumbass fedora wearing hipsters .... P.S. Almost 50 REAL users have voted in the forums about who should take it over (not if it should be abolished) which is about the number of votes from reddit they cited for taking it down. Did they say what they would use the 22 million they raised for? If they specified forums as well as supporting devs, then you have a good case to hold them to it. |
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Try Hyperstake (HYP). The price is pretty stable which means newly minted coins don't seem to depress the price.
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Now that open bazaar seems to be running all good for me now and i can browse through the various wares there's still one problem ive noticed when using it. Bitcoin costs too much to buy in order to use, If i could buy bitcoin at spot price then it wouldnt be so bad, but as it is i have to take into account what it costs over spot price to buy bitcoin and then whether or not id be as well just buying with cash elsewhere.
Maybe at some point open bazaar could implement its own exchange but id still imagine prices will be over spot, Maybe its just me but as a holder i now feel id rather part with cash than btc.
That's the problem with lots of these services. They're not only content with increased marguin due to lack of credit card fees, they want to gouge the customer as well, in the belief that bitc fans are so enchanted with crypto that they'll pay inflated prices. Hopefully if people hold off buying prices will come down. |
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Perhaps they haven't verified you properly? I suggest putting your query on the following subreddit: https://www.reddit.com/r/Circle/It's owned by Circle, which means a member of staff should be able to answer you. Failing that, raise a support ticket. |
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If you want to lend, you are better off lending to margin traders on Poloniex. Poloniex handles the margin calls and if necessary forced liquidation of trades to make sure that loans are repaid. I've never heard of anyone losing money lending there. Rates arn't that great, but you can't have everything - it's a trade off between risk and interest rates.
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Damn... For Goldman Sachs to post that tweet... It must have been a big hoohah to any one else who were sitting on the fence when it came to cryptos
Well the thing is their tweet makes perfect sense, they aren't sensationalizing anything, just stating the facts. With a technology like the blockchain, there is no need for systems of transfer, and this eliminates all the people that have to be paid to receive and confirm or deny transactions. Yup. Suppose a central bank puts their fiat currency on the blockchain - there would be no need for retail banks at all, you'd deal directly with the central bank. Retail banks would have to increase the interest they offer to get people to continue to deposit with them (at the moment the trend is in the opposite direction with no interest paid and charges for operating the account). So yes, this is very disruptive, even if people don't use BTC but instead fiat-on-a-blockchain. |
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Regarding people saying Kraken - caution! Though they are great for most Europeans, they have restrictions on German customers. See the following: To open a basic account and start trading, we only require your full name, date of birth, address and phone number. A more advanced account (for higher account funding limits and in some areas required for bank funding) additionally requires a government issued ID and proof of residence. In some countries we require SSN (US only) or ID confirmation (Germany or Japan). I think it's because of higher instances of fraud involving german banks. Once you are verified of course it's easy - just make a SEPA transfer to Kraken and then buy your BTC. |
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I found this forum in 2013 through a link in an article in Wired. Back then, this was the place to find out more about BTC. These days noobs head straight over to reddit for bitcoin info. It seems to me that reddit has better and more current into than this forum (though this forum is still #1 for alt information).
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