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May 29, 2024, 02:37:51 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
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501  Bitcoin / Bitcoin Discussion / Re: -then and now - art on: January 10, 2016, 05:12:54 PM
Yes, I agree. Maybe in 5 years' time someone will start a "bitcoin museum" or something like that!
502  Economy / Speculation / Re: Why you should hold out for a new ATH before selling ANY bitcoin! on: January 08, 2016, 07:00:59 AM
No one can predict that... so maybe we will reach ATH sooner/later/never....
503  Bitcoin / Bitcoin Discussion / Re: Bitcoin testnets on: January 08, 2016, 06:58:29 AM
Testnet can be reset by the dev, so the amount may disappear from your address if that happens.
504  Bitcoin / Bitcoin Discussion / Re: Slow block times.... on: January 08, 2016, 06:50:47 AM
I remember there was once I waited nearly 2+ hours for 1 block to be found...
505  Other / Off-topic / Re: 2016, The Year of Bitcoin? on: January 07, 2016, 09:32:03 AM
2016, the year AFTER/BEFORE the year of bitcoin? I thought 2013, 2014 and 2015 were "The Year(s) of bitcoin"?
506  Economy / Economics / Re: Will You buy a pizza at 10,000 sat? on: January 06, 2016, 08:27:37 AM
10,000 satoshi is only equivalent to about 4.3 cents, even at the all time high it is only 10 cents. If 1 slice of pizza is 5$, bitcoin price need to increase by 100x today's value.

I guess it will take quite awhile before we reach there...
507  Economy / Investor-based games / Re: Any Bsave.io savers around here? on: January 06, 2016, 08:23:29 AM
Bitcoin is trustless and Bsave.io seems to require tons of trust. Not going to work well.
508  Economy / Economics / Re: Bitcoin Wallet on: January 06, 2016, 07:39:29 AM
I think Xapo is quite convenient and secure. I also have CoinPocket on my iPhone.
509  Bitcoin / Bitcoin Discussion / Re: [SEC] Ponzi schemes Using virtual Currencies on: January 05, 2016, 09:22:57 AM
I used to participate in one of the "bitcoin investment" with about 10k bits. I knew I was an early "investor" so was quiet happy to wait until ROI and withdraw the amount (~22k bits). The website went on for another 2 month and then disappeared. There are still a few around but I guess I already had some fun so not joining anymore.
510  Bitcoin / Bitcoin Discussion / Re: How did you get into Bitcoin? on: January 05, 2016, 09:07:06 AM
From a news report on TV... then I started reading up on the internet and find it really interesting. Still accumulating bit by bit and hopefully I can achieve my goal of 1 million bits!  Roll Eyes
511  Bitcoin / Bitcoin Discussion / Re: Bitcoin Comic Strips on: January 05, 2016, 09:03:41 AM
Great jobs! I guess I have missed the time when Changetip was so popular and there were tipping everywhere.
Nowadays it is getting less popular and it's no longer free- but I guess the company still need to earn some to cover the operation cost. I still love the way changetip enables micro-tipping.
512  Economy / Economics / Re: My 21BTC Dream on: December 19, 2015, 04:27:17 AM
I think this is a great dream and valid one. Potential of bitcoin is unimaginable- can be as high as 1BTC=1 million dollars, or as low as 0!
I guess I will aim to get 1BTC for the time being... No spare money to invest in fact.
513  Economy / Economics / Re: Is it worth it to trade bitcoin over the holidays -- Christmas and New Year? on: December 18, 2015, 10:01:26 AM
It's the time of the year again. I think many people will be on holiday and have more time for bitcoin. It will definitely be a busy time for the exchanges.
514  Bitcoin / Bitcoin Discussion / Re: Does any bank accept Bitcoin? on: December 18, 2015, 09:29:50 AM
No I can't find any. Bitcoin is a bank by itself... it doesn't need one.
515  Economy / Speculation / Re: "bitcoin goes up when stocks go down" on: December 18, 2015, 04:47:59 AM
I inclined to agree... but I guess the correlation is rather weak. Bitcoin value is also affected by other factors such as the credibility of exchanges, hacks, news related to crime and unknown...
516  Alternate cryptocurrencies / Altcoin Discussion / Re: How to get historical data excel? on: December 18, 2015, 04:44:57 AM
Which exchange was the data based on? Prior to 2013 MT Gox was the largest exchange but not after that.


517  Bitcoin / Bitcoin Discussion / Re: Big banks creating Bitcoin alternative on: December 18, 2015, 04:42:17 AM
Big banks will only create centralised systems which is not the same as the concept of "decentralised" and "trustless" system.
518  Economy / Speculation / Re: How will halving affect the value? on: December 18, 2015, 01:56:22 AM
The bitcoin value will definitely go up, as the miner will be selling (all or part of) their reward to pay for the expenses. If the price remains, they will not be able to survive.
519  Economy / Speculation / Re: BTC going up for 500$ again ? ::) on: December 17, 2015, 01:20:57 AM
The price is very unpredictable. My guess is also about $500 by year end.

With the announcement of interest hike, no one knows what will happen to bitcoin price.
520  Economy / Economics / Re: Holdings of gold vs Holdings of btc on: December 16, 2015, 04:01:27 PM
Maybe for our era, we should have both gold and bitcoin. I think gold will still be valuable at least for the next 50 years....
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