I don't think we will ever break 4 digits unless these things happen:
1. A go-to person if something happens. Right now, it seems bitcoins best tech support is reddit and google. People, especially the more non-technical people, if they have a problem they want to talk to a person. I know this defeats the purpose of decentralization but face it, it needs to happen.
2. Higher difficulty. At first you guys are thinking what? I know, let me explain. If there is a higher difficulty, there is less chance that a 51% attack can occur, and thus double spending, forks, etc. If we can get a higher difficulty, to make the chances of a 51% attack basically 0, more merchants can adopt zero confirm transactions, or at the very most 1. 6 will seem like set in stone basically.
3. Goverment/legal support. Bitcoins, if ever wants to become a valid payment method, needs to comply with governments. If it wants to be international, that's going to take some work. Considering how long it takes for an international effort to happen, I seriously doubt that Bitcoin will be a legal globally accepted way to pay. if we can get the majority, say the US, China (big one right here), and most of Europe we should be okay.
4. MORE ATMS - ATMS > Adoption Rate > Liquidty > Market Stabiliation > Etc....
That's all I got from the top of my head if your looking for a numerical estimate? I'd say like 7-15 years.
Don't worry mate, we're still in beta!  I think we'll get to see prices waaaaaay higher eventually!  Hodlers will be da winners. |
|
|
|
I'm still using Bitcoinget quite often. Paid me 20k uBTC in ~2 months. For a full list of earn / ptc / faucet sites check out www.earnbtc.weebly.com. Best of luck. |
|
|
|
Not sure if this is outdated info now, but: The way activity is calculated:The activity number is determined in this way:
time = number of two-week periods in which you've posted since your registration
activity = min(time * 14, posts)
Activity is updated every 30 minutes.
It's still relevant, though it confuses many haha. There's an in depth thread trying to explain it here: https://bitcointalk.org/index.php?topic=495948.0Not confusing at all ^^ you need to be familiar with some math signs ^^ : I'll explain the formula for those who didn't get it Time*14 with time = number of two-week periods in which you've posted since your registration, so what does this means, if you have posted during a two week period you get a 1 time , so you'll get 1x14 let's imagine someone registered a month ago with active posting (minimum of one post per two week) so a month is 4 weeks, so the guys will get on this side of the equation 2x14=28 if he only posted in one of the two 2 weeks periode of the month periode he'll get only 1x14=14 Now what does Min(time*14,posts) means, it just means that activity will equal the minimum value between the number of posts and time*14, if we take the example we used above with time*14=28, if the guy posted only twice during that months period his post count would be 2 so the minimum between 28 and 2 is of course 2 and thus 2 will be activity, on the other hand if they guy posted lets 1K post during that month, it will be 28 and 1K and the minimum would 28 instead as it is the min Its already explained at the link more concisely, but youre explanation just makes it more confusing lol. Indeed. I know that I get 14 activity every 2 weeks, and that's all I need to know! |
|
|
|
If one of these major tech companies start their own virtual coin that is much more easily accessed by the masses unlike Bitcoin and other coins, then the old Cryptocurrency world as we know it could collapse... Or they could become collectibles that are still worth something because people 100 years from now will be like "You have a bitcoin? Those are so ancient! Worth thousands of xxxcoins today!" but then the Bitcoin network could be down by then, who knows?
I don't think people would be more ready to accept GoogleCoins over bitcoins to be honest, they'll have a hard time marketing such a thing. Not to mention if they hoped to make it mainstream and launch it all over the world, all the law works etc would be massive. have a hard time to market such a thing. Google is a large company. No one was using their Google Plus product, but everyone was using their Youtube product. They needed more Google Plus members, so what do they do? Force it upon everyone. If they get a bigger market using Google Wallet than paypal, all they have to do is do the same thing, force people to use their new xxxcoin and people will not be the wiser. Plus if they make it easy and convenient to use, much like visiting a website, yet extremely secure, wouldn't you want to give it a try? Then when you find out it's more convenient than your old cryptocoins, you would be like, maybe I should just keep using it. have had a hard time due to mainstream society and people in general not being ready for such a technological step. I'm not saying Google doesn't have an increased chance at being successful, but they can't just do it overnight. It'd take ages for them to develop it, test it, make sure everything is alright to launch in every country etc etc. The people using Bitcoins don't really seem to care about those things. My point is it'd probably take several years for google to actually come up with something equal to bitcoins, and by then hopefully we've grown to a point where they won't be able to compete with us. |
|
|
|
|
When the first few merchants start accepting bitcoins and directly exchanges them into USD or whatever it might not boost the price. But when more and more accept it there'll be an interest amongst merchants to hold the bitcoins they have.
|
|
|
|
Stop bumping a year old thread c'mon, what's the point?
4months old but I get your point Aha somehow I reach March 2013. My bad, but it's still an inactive thread. |
|
|
|
If one of these major tech companies start their own virtual coin that is much more easily accessed by the masses unlike Bitcoin and other coins, then the old Cryptocurrency world as we know it could collapse... Or they could become collectibles that are still worth something because people 100 years from now will be like "You have a bitcoin? Those are so ancient! Worth thousands of xxxcoins today!" but then the Bitcoin network could be down by then, who knows?
I don't think people would be more ready to accept GoogleCoins over bitcoins to be honest, they'll have a hard time marketing such a thing. Not to mention if they hoped to make it mainstream and launch it all over the world, all the law works etc would be massive. |
|
|
|
This has become a hilarious and epic thread IMO. Just from inquisitiveness I was trying to check the actual count... 1. Go to https://bitcointalk.org/index.php?topic=560148.0;all2. Use CTRL+F and... i. Search 1PXfALZjFQQA32xRDCaGxLzzRVzChEte77 (MK's address) which equals 55 at the moment. ii. Search 16D1Np59BZr4r6SvLTDT2FZqUQSKvCvRjL (Polycoin's address) which equals 51 at the moment. MK, aka Mark Karpeles, also have around 5 more mentions across the thread. So, the actual vote counts to be... Mark Karpeles = 55+5 = 60
Polycoin = 51Sorry, I could not count others...  @enrapha So, is the game over, or still time left ? Haha good job. Can't believe someone made 59 newbie accounts to get .25 btc. It's incredible. |
|
|
|
|
Stop bumping a year old thread c'mon, what's the point?
|
|
|
|
I'm looking to raise some BTC i need to get some mining gear so i'm looking to sell some signature space. I'm highly active everyday and have 1105 posts. I can rent temporarily or permanently. to give an Example the addictiveliarspoker.com is on my signature permanently bought by a member who got a great deal. I'm willing to sell the 3rd www.bitcoinsforanimals.net spot temporarily or permanently. you may ask is it worth it? I think so and the user that bought my other spot would probably agree as i have posted over 700 times since he bought it. Some may say there are offers on here that will pay you for this type of service but to answer that i'm not checking in once a month with some user to grade my posts like some school teacher to see if it's an acceptable post to get paid. Interested? send me a msg or post here. got a smart ass remark? Keep it to yourself Thanks I recomend RitzGrandCasino https://bitcointalk.org/index.php?topic=499007.msg6306765#msg6306765 it`s the highest pay. their payout is 0.0005 per post X my 200 posts in 1 week would put it at about 0.1 BTC not too shabby But payment is once a month which sucks Do you spend 0.1 btc so quickly that you can't wait 1 month between payments? |
|
|
|
|
Are you suggesting you can find anyone's login details to any website?
|
|
|
|
Thank you, will check it out! |
|
|
|
I am an admitted newbie with Bitcoins and crypto-currencies in general. With very little research and only a vague understanding, here is what I have done thus far... Invested $400 on trading shares at Bitcoin-trader.biz. I had to do this in a round-about way because you can't just put in your credit card number, you have to go through an exchange service first, or pay with Bitcoins. I joined Coinbase (see below) and paid for my shares using Bitcoins. There were some nominal fees involved in the process, but I felt they were acceptable. Since their inception in November, 2013, the trading shares at Bitcoin-trader.biz have been realizing returns of over 1% most trading days and you even get your initial investment back after 120 days if you buy the trading shares. Too good to be true? Maybe... worth the risk? Maybe... Personally, I put a chunk of change in there for fun just to see and I am hoping they don't Gox me. There is a thread devoted to them on this site. Here is a link: https://bitcointalk.org/index.php?topic=393570.0If you do decide to sign up and purchase shares, I would greatly appreciate it if you use my referral link: https://bitcoin-trader.biz/?ref=thegoodlifeI then went back to Coinbase and bought Bitcoins with the remainder of my money... they charge a small fee and can be used to buy coins from USD via your bank account. If you use the link below when you join, they will give both you and I an extra $5 of Bitcoin when you complete your first buy of $100 or more: https://coinbase.com/?r=533b275e356e0d97950000d0&utm_campaign=user-referral&src=referral-linkSo I bought like 1.25 Bitcoins. I then joined Bter.com, which is a site that facilitates trading between various different coins and currencies. I transferred .1 Bitcoin to my account there just to play around with. I bought small amounts of several of the different coins that I have heard alot of buzz about. Here is a referal link to Bter.com: https://bter.com/ref/185271I bought some Blackcoin (BC), Mintcoin (MINT), Nextcoin (NXT), Vertcoin (VTC), and Worldcoin (WDC) all in VERY small amounts. This is just what I did and I am comfortable with it so far. Obviously, there are many other altcoins out there and most if not all will end up in the toilet. That being said, I am risking a small amount on the ones listed above. Going forward, I plan to invest a set amount weekly ($20 or more when I have extra) into Bitcoin to hold long term, and a small portion into various alt coins as a speculative measure just because it is so fun for me to do so. I also plan to reinvest the profits from my trading shares at bitcoin-trader.biz back into more trading shares and letting them compound. Hope it may be helpful to someone in some way. Careful linking your referral link only, might not be allowed. My apologies if my post violated any forum rules. I am new here and just learning the system. The generic sign-up links of the websites I posted referral links to are listed below (if you use these, neither of us will get any type of referral bonus though  Coinbase: https://coinbase.com/signupBitcoin-trader.biz: https://bitcoin-trader.biz/signup.phpBter.com: https://bter.com/I would also like to add that if anyone has any suggestions or comments regarding my strategy (or lack thereof), they would be most welcome. Thanks. Bitcoin Phoenix  It's ok, I think as long as you provide an alternative to your referral link it's ok, at least I've been able to do it. |
|
|
|
due to the circumstances. it is becoming obvious about what is going on. so there is some fairness in what has happened I'm going to split the winnings between MK and Polycoin. im going to say congrats but you should be ashamed lol. Keep an eye out for the next promotional event. it will be handled differently
If I may suggest some rule - if you're going to do a voting contest, make sure no accounts that were created - after - the competition started can vote. This was a really pathetic outcome, and I don't think either of them deserves anything, due to only voting for themselves. I may use that on the next one. again sorry about the outcome. maybe ill do a raffle next time around. It's ok it's your giveaway. They're still voting with new accounts, it's unbelievable. |
|
|
|
I don't think anyone knows, seeing as how difficulty is impossible to predict. Welcome to mining. You can always estimate it though? If you have a well functioning crystal ball, you'll make a fortune. Regardless of bitcoin mining  In truth, you can estimate fairly closely for one to three diff changes, but that's about it. Best to be pessimistic and plug in at least 25% increase per change. If you do that, most of the time you'll be pleasantly wrong, but there will be times when it jumps like mad. Alright, thanks for the information. I don't know very much about difficulties and mining and such, so it's appreciated. |
|
|
|
due to the circumstances. it is becoming obvious about what is going on. so there is some fairness in what has happened I'm going to split the winnings between MK and Polycoin. im going to say congrats but you should be ashamed lol. Keep an eye out for the next promotional event. it will be handled differently
If I may suggest some rule - if you're going to do a voting contest, make sure no accounts that were created - after - the competition started can vote. This was a really pathetic outcome, and I don't think either of them deserves anything, due to only voting for themselves. |
|
|
|
"Bitcoin is a big scam which created by drug dealers, hackers, illegal money resources" that's what my granny say to me, when i try to speak about bitcoin with her Does your grandmother know that much about bitcoins? Impressive. |
|
|
|
|
So, when will the OP pay the winner? It's the 21st now.
|
|
|
|
|
Show Posts
