His story is a fantastic one. Lucky early investors!
It is called luck  He bought just for thesis and leave it and after 4 years the price soars that it can even buy an apartment.He is good investor if that is his idea as he has foresight in the future and it paids him a good um of money. But if you leave your wallet for that 4 long years, be sure to have a backup, with your keys or you'll lose it forever. yeah that is the best part of this. buying bitcoin without having any intention of keeping it as an investment and only for other purposes like for his thesis in this case. and i am sure there are many similar stories like this who bought or even received free bitcoin in the early days like that faucet that paid 5 BTC per claim. |
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my favorites are these:
for bitcoin/fiat: kraken, btc-e
for altcoin/bitcoin: bittrex
and these are reputable exchange services. but remember one thing that there were reputable exchanges just like these but they turned into scams like mtgox and cryptsy so there is always a risk and you should never keep your money on the site.
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on coinmarketcap.com if you continue scrolling a little bit further down you see why the volume is so high. "* Volume Excluded - No Trading Fees" they even exclude it from the rest because of the no trading fees.
and i think even if there were trading fees the volume would still be as high because Chinese are so interested in bitcoin and making money from it.
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is it possible that bitcoin will be accepted in local stores, shops etc. since transactions are to slow and customers have to wait until their transactions are verified. And nobody wants to wait.
Can transactions be seeded up to save customers time or any other way to use bitcoin at local stores.
bitcoin transaction time =/= transaction confirmation time. transactions are super fast and it only takes a couple of seconds to reach the merchant's wallet. but the confirmation time is long and it can be from seconds to 10 minutes on average or 1 hour in the worst case scenario. and shops can accept this based on the fact that fraud (which would be to double spend) will not happen that often and the risk would be even lower than accepting credit card as payment. |
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I'm surprised they haven't moved torrent sites like this on to a blockchain already. When it has no owner - who will they chase then?
they will continue chasing the releasing groups or individuals like what they did to YIFY group. and they will also continue harassing ISPs to force them to harass their users who download these things  but i would love to see how such system based on blockchain is going to work though. |
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I want to know if anyone here gambles or have gambled under the age of 18, I feel like there are many kids who do this and I am interested to see how many people actually gamble under 18, if you have any friends that gamble or have gambled under 18 include them.
i am sure since there are underage users in bitcoin and on this forum so it is safe to assume many of them will gamble or at least play a game of dice in their life before 18. that doesn't make it right though. and i don't think anybody is going to come here and announce his age and the fact that they gamble a lot. maybe you should add a Poll instead so it is done more anonymously. |
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Price is returned around 650 after last pump . If 650 support doesn't hold wr risk a return near 630 and then around 600.
what do you mean by "last pump"? if you are talking about the $780 then it was supposed to come back down because after the huge and super fast rise there is always a drop back down without an exception. so no surprise there. but if you are talking about the recent couple of days rise to $670 then you are wrong because it was not a pump. it was only a 3% rise which is nothing and it is completely normal for bitcoin to change in this area. and it will continue going to $630 then to $670 and then to $630 and so on. there is no reason for going any lower except something happens! |
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nobody can give any good prediction about that far into the future. because about a hundred years from now there surely will be so much stronger computers that may very well be capable of even brute forcing private keys, something that will take a couple million years with today's computing power!
yes that is a fact. and one God know every thing abuot the destiny of the people. i think there is no need to think so early. when the time will come then it will to be decide what to do. i think that in 2100 we may not be in this world. Yeah, quantum computers will be a big challenge when it come of age in the not-too-distant future. Luckily new challenge brings new opportunities and the idea of bitcoin will continue - it's unstoppable. I also have to say Superbitzz, when you say " i think that in 2100 we may not be in this world" that put on my face. surely the "technology" will still exist in the future, even if quantum computers become so powerful to break sha256 there will be new encryption system with a new name like shaXYZ that will need those computers to work for a million years to break the new encryption system. and it may even be possible to upgrade bitcoin itself to the new encryption system. |
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Hi
I made a payment of 0.02. I haven't altered the settings, but it added a fee of 0.00188985 - seems quite high. I thought the default setting would be safe, and I don't want to start messing with it. Any ideas?
A previous transaction of .036299 also got a fee of .0027301
Is this just normal?
Thanks
unless you include a transaction ID nobody can say if it is normal or not, but if you haven't changed anything with your wallet's setting then it should be the normal fee that you had to pay in order to send the transaction with high enough priority so that it could get confirmed. p.s. Reminder: fee is not a fixed amount per transaction, fee is calculated first of all based on the size of your transaction. |
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bitcoin is code so it may be possible to implement anything you want and create a system with reversible possibility. but it will never happen, at least it will never happen in bitcoin because one of the best features in bitcoin that makes it stand out and be better than fiat is this irreversible feature. and there is no reason for changing that.
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1) stop overusing smiles and learn how to post a proper message clean. this is not a chatroom.
2) use search function on top right or use google with added "site:bitcointalk.org" and search for your question about how to invest bitcoin and you will find many similar topics, then read those. there is nothing new.
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there are a lot of faucet places, if you stay all day you can reach that amount, or as others have said, joining signature campaigns
faucets may not be able to get 0.3 in a week, even if you are working for 24/7, it still will not reach 0.3 in a week. also signature campaign will not reach the 0.3/week. so to get 0.3/week you must have the funds and try trading. i don't really understand how some people like Javi here say faucets when it comes to earning bitcoin. it is as if they have never seen a calculator in their whole entire life. faucets pay what, 300-400 satoshi on average? for 0.3 BTC a week you need 0.04285714 BTC every day and that is about 10,700 faucet claims aka 10,700 captchas in one day. is their time really that worthless? |
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In the light of the current discussion on helicopter money, with known inflation consequences, it could be that bitcoins become the much more popular. With high inflation, as people start fleeing towards a safe currency which could be the bitcoin. Well you are right people are looking for a safe currency which is going to give them convenience at all. And with paper money there are robbers that are going to hunt you down if you are going to hold a lot of money. But with bitcoin it is safe on your bitcoin wallet. Yeah due to the robbers people try to stay with digital system, like bank cards etc, and if they will know about bitcoin and will know about its features they will start to love it and will adopt it for their uses and security. I think it is still very difficult to use digital money, maybe there are still many places that do not provide it. paper money may still be used for prolonged periods of time because the most important reason is that people have become accustomed to using paper money, it may take a very long time so that people can understand about digital transactions If you've ever bought anything with a credit card, you've used digital money. It's not hard at all. Most the transactions that take place in America are digital transactions. Of course it is happening to places with a high technology. They can afford it. But still there are countries who dont trust on a credit card. They think if they have that kind of thing that they know they can use even if they dont have money yet, they might abuse it. And of course banks would love that. If you think about it, it is also a marketing strategy or a robbery.  Credit cards are made to give convenience to the holder but sometimes we are just tempted to use it to buy things that we cannot afford and it will max our our credit limit. The sad thing will start after you are going to pay the amortization because it is pretty sure that you will start to pay our from your budget. well, all of these things are good and were made to make our life easier but the fact is that many people use them without thinking properly and that is why you can see many people having huge credit card debts. |
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investing altcoins doesn't really make sense because altcoins aren't really stable in long term except maybe litecoin, and most of them that i know are being pump and dumped real hard and have a total down trend in long term.
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i may not! because so far i have tried gambling for a while and then gave it up and then came back to gamble some more but i am no longer that enthusiastic about gambling anymore. so in case it was illegal today that would be a motivation for me to stop gambling once and for all.
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first of all stop dreaming of becoming rich overnight just because bitcoin price went to the moon overnight when you were sleeping and start using bitcoin as a currency to see the other face of this coin and enjoy the benefits.
second if you think it is not going up feel free to sell your coins to the whales, they are accepting it with open arms.
OK. So, I hodled my coins from $777 to $655, wot do now? nobody is going to tell you what to do, you have to understand the risks first before going in. and if you can't accept these risks and also if you can't speculate about bitcoin then stop "hodled"ing your coins and get out now and let there be more cheap coins for the whales |
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Yes bro Bitcoin is already Used by many merchants for accepting payments From their customers. I personally bought Some Stuffs online In exchange of Bitcoins...
but the number of such customers will be very limited and most of the merchant do know know about this method. i thisk it will be a more safe and easy way of sending money. having no tax. but most of them do not know about bitcoin. what exactly are you trying to say? people want to use bitcoin, it may not be as much as fiat users but there is a considerable number of people interested in spending bitcoin instead of spending fiat online. why do you think steam finally gave in and started accepting bitcoin after this many years? just search their forums and see how many people were asking for this to happen. |
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https://medium.com/@alcio/how-to-destroy-bitcoins-255bb6f2142e#.3nrw5maq6This article has captured my attention it said that there are ways to destroy bitcoin he further mentioned three steps to destroy bitcoins. But for me this all three steps will result to nothing and it will not bury bitcoin into the ground. Volumes of large bitcoin stock has already experienced the three ways he mentioned but it is still alive today. So i will say bitcoin will keep kicking for 260 years. this is just another bullshit article that was created to bait clicks with a hot topic, but it really has nothing useful to say. the author fails to explain how these addresses are made and his reasoning for why someone would destroy bitcoin this way is beyond bullshit. |
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people have reported before that Coindesk censors the comments on their site. so this is nothing strange in my opinion. they may be protecting some interest of their own by blocking anything remotely negative about anything they don't like!
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