Why the financial types ALWAYS like to talk about how Bitcoin will be replaced by Bitcoin 2.0 or Bitcoin 3.0? It's uncanny! I think that what they meant is: "we were oblivious to bitcoin 1.0, so we let 2/3 of it falling into the "wrong" hands, but wait, no worry, we will make sure that we will have 90+% of bitcoin 2.0 or bitcoin 3.0" "I love the blockchain but don't like bitcoin" is pretty much the same game... These people are soooo transparent. BTC 1.0 will evolve into 2.0 or 3.0.
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People with mobile device and paid salary with BTC.
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Bitcoin price would crash badly as it is easy for 51% attack.
Yes, I do it twice before breakfast every morning Edit: Holy crap that's a senior member, how the hell are you around here this long and not even get a clue by osmosis. It is actually true that one mining entity has over 45% mining power several times in history. If the community does not advocate the miners to leave that entity, it will be over 51%.
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BTC is just a foundation. Many things can build on it.
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It takes many trillions of years to hack one wallet.
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Good writing. Hope Mozilla achieve more with the BTC donations.
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In the future, you will get paid with BTC, so there is no need to acquire it from exchanges. In fast, in the distant future, there will be no exchanges, as BTC is the only one.
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Like most people, they are not going to spend their BTC to buy things in fact they are going to buy it with fiat, that's what I did. They realized that BTC too valuable to buy things with right now
However, if you/we do not buy with BTC in the future, it is worthless.
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2014 is the year of start of adoption of BTC.
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It started like a joke coin and should end that way maybe?
It does not matter how it started. If we can find use for it, it will survive.
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neither bitcoin nor ripple are fit to be wide adopted currency because of the bad distribution. Something else, FAIR and with better distribution will come along. In the end not the most innovative crypto will be the biggest store of wealth but the one with the best distribution, the fairest. Bitcoin fails because of satoshis greed. It's harsh but that's reality. People will ultimately not adopt a thing where one single person or group has such big control/influence as serious currency.
Just not going to happen. Collective wisdom and such.
Sorry to pop your pink bubble of dreams.
Satoshi did not premine or instamine the coins.
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Can these servers be shut down by governments?
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You guys forgot to put the 1-2% it costs to buy the BTC then the 1-2% to sell it! You also forgot to put the hoops you have to jump through to buy bitcoin. Much tougher then filling out a form at WU.
If we are paid with BTC in salary, then these costs will be eliminated. Not true. This would only be correct if you were able to spend your salary in bitcoin (which would require a much larger merchant adoption and a much more stable price for it to make sense to do so That day will come slowly.
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Cryptocurrency should be international.
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You guys forgot to put the 1-2% it costs to buy the BTC then the 1-2% to sell it! You also forgot to put the hoops you have to jump through to buy bitcoin. Much tougher then filling out a form at WU.
If we are paid with BTC in salary, then these costs will be eliminated.
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need to build solar panel if want continue GPU rigs
Amen to that, I'll come back to mining one day, in a house with walls made from solar panels I find selling solar panel's power back to the grid is a better investment. And you don't need to do anything... Mining is not profitable for most people.
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If it is cryptonote coin, then people might be interested.
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BTC has a long way to go to become a most laundered money. USD is the most laundered money, however, it is still legal tender.
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Slow appreciation of the price is good for BTC.
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