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5381  Bitcoin / Bitcoin Discussion / Re: Remember the story of Bitcoin on: December 19, 2018, 06:52:46 AM
Everything posted by the OP is actually correct.
The bitcoin whitepaper was released on the 31st of October 2008 and
the first block was mined "the Genesis block" on January the 3rd 2009.
The fact that Wikipedia mentions a group of people is speculation
because as has been thrashed out on this forum and im sure elsewhere
the identity of Satoshi is unknown, it could be either a man, woman, both
or a multiple of people.

Bitcoin is being used in different ways and it us looked upon as diferent
things to different people and governments around the world.

5382  Bitcoin / Bitcoin Discussion / Re: The new era of BITCOIN is here on: December 18, 2018, 11:53:17 PM
I wouldn't say that there is a new era of bitcoin at all.

Bitcoin hasn't changed one single bit in terms of how it operates fundamentally and the benefits that it offers both technically and economically. All that has changed is the price, and that is due to market cycles and psychology that doesn't necessarily affect the bitcoin network.

Thus, the most important thing out of all about bitcoin isn't really its value, but rather adoption figures.

And right now it seems like there is still an increasing amount of adopters, which is somewhat surprising in this bear market, but still shows promise for the future. After all, adoption is what sparks demand in the long term anyways.

Yes ERA probably isnt the right term to use, I would pit forward the word 'Phase'.
With the coming of the new year we will be entering a new phase. I guess the
OP is eluding to it as is Franky1 and I think a lit of people are on the right track
but its difficult to pinpoint exactly what will be involved.

We can be confident of more adoption, enough people know about bitcoin so
that when the next positive uptrend starts it will hopefully bring even more users.
5383  Alternate cryptocurrencies / Altcoin Discussion / Re: CRYPTO MARKET SITUATION. on: December 18, 2018, 11:16:25 PM
Looking at the red market situation, what did you do and plan at the beginning of Q1 2019? Are you still sure the arrival of the Bull run? If so, you have the same expectations as me now. Hopefully the situation will change soon. Do not give up  Cool!! Thank you very much.

Why would we give up. After seeing the price of cryptocurrencies spike in the previous year, I definitely believe that soon we will enjoy the fruit of our patience.

Yes patience is indeed important, in this cryoto space a lot of people have yet to learn it.
The crypto market situation is creating a lot of divided thought but I am confident in thinking
the future is giing to be positive with some bumpy trips along the way, again people have
to be aware of this and hopefully there will be lessons learned from the past 12 months.
5384  Other / Beginners & Help / Re: How I earn My 1st Bitcoin? on: December 18, 2018, 07:10:48 PM
For a large majority of people the best way to earn their first BTC is going to be to go to work and then spend their FIAT. Gone are the days when it's easy to earn a BTC or multiple BTC by doing small tasks, purely because the value of BTC is no so high.

Correct. I buy lots of small amounts of bitcoin a couple of times per month
added to this is my signature campaign and not so regularly so design jobs.

For low income earners or people with low disposable income achieving 1
bitcoin can be something of a mountain climb especially as the value goes
up that is why now as the market shifts down is a good time to aquire BTC.

5385  Bitcoin / Bitcoin Discussion / Re: To save bitcoin - stop buying bitcoin cash on: December 18, 2018, 07:14:30 AM
I couldn't agree more with the post above. The statement in OP is more valid when it comes to the other altcoins then about BCH and BSV.

If everyone sells the altcoins they got, and I'm referring to the ones that literally has no use (and believe me, there are many), the forked coins will have no impact on the market anymore.

Done, well almost done with almost all the shit cojns i had. I claimed
my BCH abd traded it for BTC shortly aftet i got it.
Also with a lot of alts i had they went back into BCH, that is the main
focus and it should be for everyone.
5386  Economy / Economics / Re: What will you do in 2030? on: December 17, 2018, 11:30:15 PM
Re pensions, i think its a worldwide problem. So many countries have an ageing
population with less people to support the pensions.

Not so long ago South Korea were trying to promote conception by letting people
off work early so they could go home and make babies! I cannit find the article
but if anyone is interested here is a worrying report abiut the population crises
in South Korea > https://www.citylab.com/life/2018/08/south-korea-needs-more-babies/565169/

So in 2030 i hope to not be working a day job at least, and more so well before
2030. I will be in my 60's then so I really dont want to think about it for now.
I am hoping on a 5 year plan..............
5387  Economy / Trading Discussion / Re: Anyone here that experience a long bear market besides this one? on: December 17, 2018, 08:21:45 PM
Yes. I sat through the entire previous one.

I don't remember any feeling that 'yes, this is now over'. Life returned in a fairly subtle manner.

The really disheartening bit, the utterly dead sideways section after the ultimate low, hasn't occurred yet and that's the one that'll test you. Right now traders can make plenty of money going down. When that's gone things will seem stunningly dull.

Of course the deadest section isn't a bear market. It's a non market.

The one difference compared to the previous one is that in 2014/15 it still felt possible that BTC would dwindle to nothing out of sheer disinterest. I don't believe that's the case any more.


I agree that there will not be a period of disinterest. There are far more people involved
and more exchanges and generally more adoption and knowledge about crypto.

There could be swings straight to and from bear and bull markets and lulls would be
short lived ...... Traders anyway would welcome that.
5388  Economy / Speculation / Re: Bullrun will always come , Newbies do your research well on: December 17, 2018, 08:12:02 PM
Most newbies are currently scared of the present market situation. Just like any other investment there will always be dumo and rise and soon enough crypto pump will come again

What is newbie, person who joined months or years ago? I ask that because many people joined more than year ago, when bull run started, most of this people aren`t newcomers but they still act like they are, they still don`t get crypto. I think bull run will come for sure, for bitcoin and some other coins, but not for all coins and bunch of tokens, most of them, like 95% will fail over time. Newcomers should read a lot before they decide to give money for any investment, for people who don`t wish to think too much bitcoin is always there, don`t think just invest.

I was lucky enough to join the bitcoin movement in jan 2017, almost 2
years ago which was the start of the bull run mentioned. I have learned
a lot from the forum and i think anyone who joined at the same time
are well versed in crypto now.

There are those who have only joined crypto in 2018 who obviously have
yet to experience a bull run and the next one could be a big one!!
for bitcoin for sure but the will be casualties
5389  Bitcoin / Bitcoin Discussion / Re: Bitcoin gave us something more than the protocol on: December 17, 2018, 05:20:34 PM
It also gave all of us the "idea" of something like "Bitcoin", a form of "money" that is not controlled by the state, is achievable.

Bitcoin might fail, but the idea lives on to make a better "Bitcoin".

Bitcoin might fail? No way! it has no reason to fail.

If bitcoin already reach this point is because it was made to succeed... People believes in it, in the math behind it, and in the decentralised concept it give us, was what the world need and is imposible to go steps back.

Bitcoin cannot fail, there is too much adoption already and it promises
too much for the future.

A lot of people it seems have lost the concept which bitcoin was created
for, transferring funds peer-to-peer.
5390  Bitcoin / Bitcoin Discussion / Re: What's the largest purchase you've made in Bitcoins? on: December 16, 2018, 10:46:59 PM
Nice thread, nice to read what peopke are buying with bitcoin and what they
are buying and from where.

Earlier in the year I bought a Turntable from Newegg and spent 0.039BTC
that has been my biggest  to date.
5391  Economy / Trading Discussion / Re: PRICE STABILITY on: December 16, 2018, 03:11:03 PM
There have been times and will be more in the future where bitcoins price will
be stable but they are and will not be permanent. As long as bitcoin is tradable
and is used as a speculatory tool there will be volatility. We have already come
to realise this as the norm.
5392  Bitcoin / Bitcoin Discussion / Re: Medium of Exchange vs Store of Value: Where is Bitcoin today? on: December 16, 2018, 09:16:22 AM
Bitcoin will always be a medium of exchange, ir payment system or currency
regardless of its FIAT value. We can send payment and exchange this coin
worldwide in a matter of minutes.

It is looked on as a store of value because of what it can potentially become
a rare commodity with a lot of adoption and a real world usage as above.

At the moment in one perspective it doesnt look like a good store of value
especially for those people who are showing FIAT losses but again i point
to bitcoins potential.

One of the major issues with bitcoin is the emphasis put on its FIAT value
and its difficult not to because so many of us exchange our FIAT into bitcoin
so we are looking to see a gain. We really need to forget about that FIAT
and think in terms of bitcoin.
5393  Economy / Speculation / Re: bitcoin price breaking lows again and again on: December 15, 2018, 02:35:30 PM
The holiday season and a time of gift buying will see people selling out to fiat.
Thats understandable but as the price falls i will be buying.

Its unfortunate if you need money and you have to convert bitcoin at a time
when its FIAT value is way down but if its the only way it has to be done but
there will be opportunities to buy back.

Staying positive is necessary.
5394  Bitcoin / Bitcoin Discussion / Re: Bitcoin On The Anniversary Of Peak Price on: December 14, 2018, 11:55:28 PM
Looking back over the last 12 months it is clear that bitcoin can surprise
us all. It can make big moves, can stay relatively static and can shock
us also.

Its not all about the FIAT value though, its also about adoption and usage
although some forms of usage has allegedly been used to manipulated
the markets by the banks.

There is one thing for sure bitcoin is not going anywhere just yet.
5395  Bitcoin / Bitcoin Discussion / Re: How many times you heard the bitcoin gonna die? on: December 14, 2018, 10:16:32 PM
Im on the forum now for almost 2 years and over the last month or so
the level of FUD, negativity and bitcoin death prediction is at an ATH
for those 2 years. I cannot remember there being so much negativity.
5396  Bitcoin / Bitcoin Discussion / Re: Dozens of bomb threats by ‘Bitcoin scammers’ hit several US states on: December 14, 2018, 06:57:08 AM
Yea sounds like a bunch of kids who havent really thought through the finer
details of their threats.

Its a tricky one to deal with on the ground. The threats have to be taken seriously
initially and noone would just pay up straight away.

I hate the way bitcoin is being used like this, not good publicity.
5397  Economy / Economics / Re: A Public Market is Turning 'Cashless' in the Philippines on: December 13, 2018, 10:07:32 PM
Its still a FIAT system but the whole cashless society scenario is gaining
traction. To see a market turning cashless is surprising IMO. I would imagine
Most of the transactions would be of small values.
In my country we gave "tap and go" transactions payable by card for anything
below €30. We dont have to use chip and pin and there is no minimum that i
know of.
5398  Bitcoin / Bitcoin Discussion / Re: Bitcoin is still Bitcoin, but we are greedy. on: December 13, 2018, 08:08:39 PM
The vast majority of people who are serious about bitcoin are looking to
the long term future rather than the get rich quick instant lambo outlook.

I think the people who thought about the instant reward have already left
this space out of FUD.
5399  Economy / Speculation / Re: Bullrun will always come , Newbies do your research well on: December 13, 2018, 01:32:39 PM
the newbies who were worried about future of bitcoin have already sold and are out. i don't think there is anybody left with major amounts of bitcoin who is also worried about the future. that is why the drops look so weird these days.

Agree, those who were fearful of the recent market drop are already out.
Realistically anyone left in is not going to sell now.

We will be here again after the next ATH, It happens in waves or cycles,
it has happened before anf will happen again.

There are some who can react quickly to what happens abd others who
are causing the movements.
5400  Bitcoin / Hardware wallets / Re: Trezor users can now exchange in wallet (beta) on: December 12, 2018, 10:49:46 PM
-snip-

-snip-

As you say, being able to trade coins directly and securely from a hardware wallet without having to go through any kind of KYC would be a great step forward.



I agree, i like the idea of being able to trade within the wallet while remaining
somewhat anonymous.
While i may never use the feature i wonder how long it will last before KYC
will be enforced, and if it isnt the feature should boost trezor sales.
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