Anything over 50% (sustained) is the actual activation criteria.
Not really. What you are talking about is called a 51% attack. Yes, really. Whether it is called 'attack' or called 'consensus' is a meaningless discernment. In reality, the net effect is what it is. SegWit and Maxwell might be able to organize a 51% attack to get their alt to replace bitcoin on the main chain. But this comes with some severe problems.
Such as? Resistance.... I will put more funding into alternatives to block segwit if they try and force it on us... |
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Even if you had 500 coins, you wouldn't be all that "rich" at $1000/btc 3000-5000+ btc then yeah, I guess you are "rich" half a million on my country and you can live like a king for the rest of your life. Average wage here is less then 1$ a day. How much do you pay for the Internet and what device do you access it on? |
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your comparing an oil tanker to a canoe at the moment tho  14.7 billion cap to 130 mil is a helluva network advantage the next few years will be interesting ,i like it both ways im invested in honeybadger and honeypony but i think badger will rape the pony in the next 6 months  Ahh, god man.. that's some terrible imagery... You know I just thought of something.
The more Bitcoin goes up in price will inevitably cause a lot of push back on the devs from doing anything like Hard Forking anything in or doing anything of the sort to improve. I mean in a way, Bitcoin is being bought up for absolutely no reason at all. That's kind of like a kid being rewarded for not doing his homework... what do you think he is going to do next time when home work is assigned?
When I see Bitcoin's price and network effect grow up, I just see people looking at Bitcoin's price as a reason for validating it's usefulness and "success" (it's been happening for a while). If that's the case, I just feel like something has got to give to where there is so much back up on the network that people will get insanely aggravated with it and probably start selling which possibly cause panic selling.
This is why I believe the "mandatory fork system" that Monero has is so awesome... Keeps everything "fresh" just like in Linux.
the more money goes into btc the more develpment will be forced to happen ...... people like greg who may be slowing down progress now will be removed by those with a larger economic interest And I don't know if I really believe all that... I understand the logic behind all of that, I really do... but at what point does it become "enforceable"? I mean, was $700-800 not enough monetary incentive for people to "force" core to do something? If $900 is, who is going to be the big tough guy to lead this mob to grab their pitchforks and torches in order to "force" Bitcoin Core to do stuff? my guess is that most of the spotty teenagers will be bought out of btc in the $3-7k range and large funds,financial institutions and government money will take it over before the 2020 halving ........ these sort of mega corps will not be blackmailed or held over a barrell by people like core and they will ultimately take btc throug the 10-100k range and beyond i think the current core devs are not as important as they think they are and they will either conform or get their wings clipped when btc gets really valuable ...... |
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i still think it is too soon to start singing $1000+ price now even though price has been rising with a good rate and a good buy support but i think we are going to finish this year with $900+ range and if lucky it stays in this price range in next year and doesn't go down.
if theres any drop we can just use it to buy MOAR bitcoins .......  |
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zcash price never can inraese to 0.2 bitcoin agan
only wait zcash price down to 0.01 bitcoin
and then zcash price under price monero and etherum
is dev not want pump, zcash user community is low
It can, you are wrong if saying ZEC can't recover his price into the 0.2 again. The problem just on the supply. This time we are at the early mine and still have a long time later for zec will be touching over a million supply and seems like the bitcoin. The price will below ether and xmr , it will be true soon. I really believe with it. I will put some at the price was being below that ether and xmr. If there is good usage, the supply is not a problem. There is no demand now. So the price is going lower. there never will be .........dream on gentlemen ........this coin has been compromised from before day 1 by zooko and co,they can still create as many as they want ,and there are alternastives under $1 without the 20% founders cut |
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You know I just thought of something.
The more Bitcoin goes up in price will inevitably cause a lot of push back on the devs from doing anything like Hard Forking anything in or doing anything of the sort to improve. I mean in a way, Bitcoin is being bought up for absolutely no reason at all. That's kind of like a kid being rewarded for not doing his homework... what do you think he is going to do next time when home work is assigned?
When I see Bitcoin's price and network effect grow up, I just see people looking at Bitcoin's price as a reason for validating it's usefulness and "success" (it's been happening for a while). If that's the case, I just feel like something has got to give to where there is so much back up on the network that people will get insanely aggravated with it and probably start selling which possibly cause panic selling.
This is why I believe the "mandatory fork system" that Monero has is so awesome... Keeps everything "fresh" just like in Linux.
the more money goes into btc the more develpment will be forced to happen ...... people like greg who may be slowing down progress now will be removed by those with a larger economic interest |
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BTC is completely traceable and not even remotely anon.
Not everyone gives a shit about anon..... Xmr fills a niche, it ain't no btc tho.... Bitcoin lets you be your own bank, but everybody can see your account balances. Monero lets you be you own Swiss bank. Btc fills a niche, it ain't no xmr tho.... your comparing an oil tanker to a canoe at the moment tho 14.7 billion cap to 130 mil is a helluva network advantage the next few years will be interesting ,i like it both ways im invested in honeybadger and honeypony but i think badger will rape the pony in the next 6 months |
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Lol, looks like we've gone completely sideways since 2013, but I know that's not the case. Either way I think we're probably in too steep a rise. We're due for a correction, though I hate to use an overused term from financial journalism. There's no other way to describe it. Too much buying, and who knows if these are just short-term speculators or real investors. Buying has to come from somewhere.
your correction might be from 2000 to settle at 1500 .......... |
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Looks like bitcoin grabbed this anonymous sucker in a headlock and applies the force of the whole body to suffocate its victim.
Ek charts aint looking sexy. All signs are that it gets steadily smothered by bitcoin, and I would expect prices to hit 280K basement. Someone also messes up with FCT lol. I wish bitcoin bull
had more arms to take FCT down in headlock, too.
I don't see XMR as a legitimate challenger to BTC, XMR is for those who want to take one specific feature of bitcoin (anonymity) and take it a step further ROTFLMFAO! You idiot, BTC is completely traceable and not even remotely anon. Not everyone gives a shit about anon..... Xmr fills a niche, it ain't no btc tho.... |
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1000 dollar is nice and it will happen indeed for sure but not right now and also not this year, it will be around the half of 2017 is my prediction right now.
Who gives a shit unless you are holding now? why would someone take the risk now to make a lousy 20% profit? and by risk I mean a bitcoin crash, you know - the kind that has happened many times before. Your so shortsited you may as well be blind Who ever buys an 800 btc will hardly sell it for 1k unless he's hungry or broke already 3-7k will probably be where some folks take profit, some may feel that isn't enough either and wait for prices in excess of $10k |
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bitcoin will still be the king but whole bitcoins maybe insanely valuable and similar
to the way we think of gold bars in a vault today
i predict we will use lightening or L2 technology for daily transactions
as it will accomodate unlimited users and confirm instantly
also people will transact in Mbits or even satoshis as whole coins will be used to purchase
cars and property etc ......
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I think core should make the last attempt at reconciliation, and if it is not possible, employ non-ASIC POW.
i agree that the current form of pow is not healthy for bitcoin and had satoshi envisioned it i hope he would've designed it out before it could happen, but i haven't seen anyone other than a small fringe element propose that. how do you think a proposal like that would pan out if it actually happened? very very messy ........ changing from POW to POS or something else would shake up the entire crypto world we will have a better idea after ETH moves to POS next year how the coin marketcap changes but eth is a constantly changing experiment .... Bitcoin is supposed to be the reliable safe haven of all coins so i dont think we should change the fundamentals that attracted people to btc in the first place if we want to maintain the integrity and reputation of the coin |
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I run bitcoin unlimited with port 8333 open
I am eager to move to bigger blocks ASAP
Lite clients are Convenient but you can't beat
Running a full node for ultimate security and
Protecting the integrity and decentralisation of
The worldwide bitcoin network
Bitcoin Unlimited is a failure. Bitcoin Core 0.13.1 + segwit + lightning network is the only way out. When will you understand this fact? You can do anything you want, but know that you are wasting your time. BU doesn't work, it's in fact a mess, no one with real invested money in Bitcoin should be gambling it with BU. i do have serious money invested in btc and thats precisely why im regecting segwit .... segwit is clusterfuck of a solution that creates more problems than it fixes all we need is a larger block to keep us free from conjestion until LN can be fully tested and implemented |
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I'm also waiting for $1000 to come because I've been saving a quite amount of bitcoins so it will be really great but I think that its too soon
maybe bitcoin will reach $1000 in the first months of next year unless something happens to increase the buy rate.
The question is not whether you should buy bitcoin, but how much. Here is how you can find how much: Total population of the world: 7 billion Of those, lots are poor, and in not a condition to buy bitcoin. So lets just consider first world population. Population of rich nations or first world: 800 million or so. Market capitalization of bitcoin at $780: $12 billion So, per capita, there are $12 billion / 800 million = $15 worth of bitcoins in the market for each american or rich person of the world. If you don't have $15 worth of bitcoin, then you are missing out on your share of the virtual currency of the world. So buy at least $15 worth of bitcoin if you want to be average. If you want to score big: buy $150. Then you'd have 10x times each rich person in the world. And so on. |
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The price of bitcoin is nearing $800 as it fluctuates around $780 and there is only few days left before Christmas. If this uptrend continues, it will pass the $800 level and will be near at $900 before yearend.
buy a bitcoin for your childrens future if you can afford it , it will probably pay for a college education and then some by the time they are old enough ...... |
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If the price drops there, I am definetely going to buy a few more bitcoins for the purpose of buying more Moneros and also store some of btc in the bitcointrezor.  I'm thinking the sameway, I'm gonna buy more bitcoin so if it gonna raise again its price that will be a great deal for me because I could actually make more income from doing that even it will take a lot of time its still worth it if you buy a 5 btc when it drop down to $500 because its possible it could hit and grow more than the price right now which is nearly to $800 so you can make a lot of money from doing that  If the price hits 500 it would be a great to stock up but there are so many people trying to invest that I doubt it will go under 700 again |
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after the HALVENING comes the SHORTENING of supply .......... |
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if they need anymore nodes il be happy to run one 24/7 on a spare windows computer
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see, this right here is high bullshit... https://www.cryptocoinsnews.com/china-oil-bitcoin-mining-theft/The fucking Chinese are stealing electricity, polluting the Earth with no conscience whatever, and taking over control of Bitcoin. Bitcoin is totally under the control of about 6 Chinese miners The only reason they put all other miners out of business is because they have no morals and steal electricity. Now, all mining and control of the Bitcoin protocol is in the hands of these immoral bastards. Fucking Chinese. well I see you generalize all citizens of China. I think not all of them steal, but only some of them. I generalize everything. Why not? It is the sensible thing to do. "Generally, bitcoin transactions take about 10 minutes to confirm". See how that works? It is smart. Not all bitcoin transactions take about 10 minutes. Sometimes it takes a fucking hour. But in general, they take about 10 minutes. Now go fuck off. I didn't say 'all' Chinese steal. But I'll tell you this, all Chinese spit, fart and eat dogs. That much is true. Some of them don't even cook the fucking dog and eat it raw instead. They are fucking pigs. All two billion of them. User "Raw Dog" bitching about 2 billion yellow folks who eat "Raw Dogs" heaven help us lol  |
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but the fact of the matter is this is something the Chinese do; they are very, very, very efficient when it comes to it, and they strive for peak control and efficiency. Royally fucking the Earth without regard for others is not 'peak control and efficiency' - it is reckless abandon and selfishness. WTF is wrong with you god-damned people? the lions share of chinese pollution is created to fuel greedy western consumption ........  |
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