So what are the benefits of Bitcoin SegWit? I know it stands for Segregated Witness but is it like a patch/update to the Bitcoin currency system because I am curious as to how it will effect the utility, and ultimately the price of Bitcoin. Now entering.... A new era of Bitcoin networks. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Does anyone know what time the SegWit announcement is supposed to be made for the Bitcoin fork?
My friends and I are wondering, so we can know whether we should buy in or not. I think either way, over the long haul, the price of Bitcoin will go up towards $10,000 and then maybe even into $100,000.
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I would prefer to purchase Bitcoins online through the Internet.
It is safe, anonymous and can be accessed from anywhere around the world. Having to use a third party such as a Bitcoin ATM can be risky (in person) and also incur some fees on top of it.
I would use an exchange like Coinbase, Poloniex or similar services to purchase Bitcoins.
Overall, the whole point of using Bitcoin is to remain anonymous and keep our valuable currency secure.
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It's crazy how powerful the media perception of alternative currencies can influence the way we view and value money. The great thing about Bitcoin is that it has a ton of media attention already built in from newspapers to TV documentaries to books - there is literally a piece written on everything Bitcoin everywhere you go. Other cryptocurrencies like Ethereum and Ripple may have a large market cap but they don't quite have the same media attention as BTC and Bitcoin itself. Take a look at this chart and you'll see just how far ahead Bitcoin is compared to the other alternative currencies in terms of community, public interest and developers. While some currencies may have a great developer community, Bitcoin is strong in all aspects of being a virtual currency. https://www.coingecko.com/en?sort_by=community_scoreI don't see it fading away anytime soon. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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@BlackMambaPH thank you for accepting me into the signature campaign. This is my first one and I am very excited to be a part of it. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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Bump. I know there's at least 1 person here who owns a Bitcoin website. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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You'll have to choose and commit to a campaign for its duration if you want the full bang of its benefits (and coin)
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If you're looking for a full fledged investment into Bitcoin, I would recommend the Regal Assets Bitcoin IRA. It is not yet open to the public yet but it will have the most secure Cold and Cloud wallet on the planet inside your own vault. The service opens in September. Feel free to read more info about it here: https://www.smartbitcoininvestments.com
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Seems like the price of Bitcoin is more correlated with media attention and hype more than anything else.
I only smell opportunity ahead. I can't imagine doors being closed when the Blockchain technology is so disruptive for speed, security and utility.
*like I'm putting in all my chips at a dingy Vegas blackjack table* ALL IN BABY.
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I want to get a roll count of users here on Bitcointalk that own a website related to Bitcoin or cryptocurrencies. As site owners within the same niche we have an excellent opportunity to help each other rank organically through SEO. Rules: 1. Share the URL to your website in this thread. 2. Reach out to those who you may be able to help via link swap (in post link, resource page link, image link etc - get creative!). Vice-versa 3. Have fun ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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The Japanese government is way ahead of the game. And here we are in the US trying to keep our dollar afloat ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) It's crazy the kind of impact a few trade & economic laws can make on the culture and future wealth of a country.
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Short answer: Yes Long answer: Thanks to the security and anonymity of Bitcoin, it makes for a safer and more secure investment. It also weighs infinitely less and is cheaper to transport from one side of the world to another. The fungibility is just so much simpler as well. Why break a chunk off a gold bar bullion when you can send exact fragments of Satoshi instantly? https://www.smartbitcoininvestments.com
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I'm dumping it.
Bitcoin Cash literally has no media hype. Bitcoin has and will have plenty in the future. I can't buy into BCC until I see some original utility out of it.
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We have entered a brand new era for Bitcoin as we know it. Brace yourselves.
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Ultimately the idea of whether Bitcoin is a "safe" investment depends entirely on the people of the world, not necessarily a government or financial institution. Its word of mouth vs the monopolization of the printing press and media outlets.
This sort of makes Bitcoin a pioneer in the sense of redefining money for a digital era. Which is exciting. Only those who are brave (and lucky) will have the foresight to invest something so precious as retirement savings into Bitcoin.
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I would check out something Bitcoin PR Buzz if you are truly trying to promote a new cryptocurrency product. Not only will it bring awareness through major media outlets, but also it will give you strong, relevant SEO juice for rankings in the search engine ranking positions. http://bitcoinprbuzz.com/P.S. If you would like to trade backlinks between related Bitcoin sites send me a PM.
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After reading this thread, and seeing no good viability for Bitcoin Cash, I am now dumping it.
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i think if you are old enough to get your 401k or IRA, you should reconsider investing all your money into bitcoin due to its volatility, you might win or lose, if you win some,you might have a hard time of cashing it in, since most people don't want to miss the chance of an opportunity to earn more, even if they are old, what they will lack is skill on investing,they might be blinded by the fact that their money grew,without them working for it, greed might come into play. but if you are still young and thinking of investing your retirement plan on bitcoin, i would suggest to study first, read everything you can read in this forum for your references, what I think would be the best idea fort this is, if you are still young invest now in bitcoins and fund your retirement, so when time comes and you want to retire, you will still be in a win-win situation since you invested in bitcoin and the price goes up, you might be financially secured and you can use your retirement money for leisure without living below your means. i hope this suggestion would help.
It's definitely unwise to invest all of your capital into Bitcoin. Although Fiat currency isn't as safe as most people may believe, it is still backed by governments all over the world. The reality is that cryptocurrency is still a fairly new form of money. Only time will tell if Bitcoin, as we know it, holds onto its value and grows. What you said about volatility is important because BTC is not really backed by anything other than trust. Who knows how secure Bitcoin will be for the next one thousand years? What I can say is that Bitcoin is only just beginning in popularity and scope. There is good reason to believe that if major institutions, investors, and companies are taking advantage of the blockchain technology, then Bitcoin as a currency will most likely be the conduit that drives all of that innovation. Sure it is tough to say, especially with one's retirement savings, but I think if you understand the currency well and have investments in other areas of life (so as not to be heavily investing in BTC) then it makes sense to invest retirement income into Bitcoin.
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Bitcoin will be here for at least a hundred years. Mark my words. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) No matter how many forks we have the legacy BTC will still be the first mover and has all the developers and media attention on it. Bitcoin is here to stay.
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