Hi everyone, I'm sorry if i'm wrong i don't speak english very well, so. I want buy Bitcoin in cash exclusive (Liquidity). For your information i dont want buy 1 or 2 BTC if you understand Do you have an idea how buy ? With Who ? I have try localbitcoin.. But anyone are seriously its complicate to find a person serious.. PS : If you have BTC contact me MP , we going to discuss about it  I hope you understand what i say  I'm bad in english. Thanks for future answer Let me know if I'm getting this wrong or not. I think you're saying you want to use your currency that you have (probably bank account/paypal money/other online service) and buy bitcoin using that money. Either that or you want to use your paper cash that you have. If I'm correct, I suggest you move the money into a bank account and then use an online exchange after moving your money into that account. Worst case, if you're not trying to do a large transaction, you can always use the currency exchange section here on these forums. However, make sure to have a secure deal using an escrow on the forum. |
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So if you have that wallet since 2014 it means that you are storing a huge amount of money right now, at which rate did you bought those bitcoins? Because the price was less than $250 by those times if my memory is not broken. Admittedly 30-60 dollars is not that much for a largish transaction today. But what will the fees be later? Any guesses??
I didn't knew that the legacy addresses were still online, i thought that everybody who had bitcoins had already moved their funds to a segwit address. Why dont you do it? Maybe you are going to pay $30 of fees right now, but in the future you will only have to pay less. And if the lightning network gets implemented you will need to switch your balance to update to it. It's possible that he didn't buy much back then, but I agree that the odds are that the op has a good sum in that paper wallet right now. @OP, if you don't want to move your money out of the paper wallet, you don't have to. Right now wouldn't really be an optimal time either -- there's a decent amount of fees going on right now because of the amount of transactions going through. I'm sure you know this, but I think there will be a nice pocket in time in the future where the fees go low again. It'll be pretty cyclical from what I'm thinking (moving between high and low). |
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For those who argue that Bitcoin and other cryptocurrencies are the next big things, buying and investing in Bitcoin might just pay off. Bitcoin might excel if currencies like the dollar et al trips under a hyperinflation scenario but that for now is not visibly an option that is available, thus, another fundamental question is wether Bitcoin can replace normal currencies and that again is not feasible in the nearest future. Why then should people invest in or buy a currency that can rise or fall by 20 percent in an hour or two?
That's a great point you pose in the bottom statement. The reason people are purchasing the currency is because lately they've been seeing much more of the rise rather than the fall. Once the falls come into play, those who weren't skeptical about bitcoin may start to seem iffy. Furthermore, it's just (for a lot of people) a quick and easy way to make money. They don't really care what they're getting into as long as it makes them some side cash. |
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Just an fyi for these forums. No one will deal with you until you have more reputation here on your account or you're trusted by significant members on this forum. You won't have much luck on here; everyone suspects everyone else of being a scammer by default. Instead, try to go to other forums or build up your reputation here. Escrow won't do you much good because paypal has chargebacks anyway....
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I am shaking my head at those who voted $15,000 in this poll. Bitcoin has shot past that and is now at about $16,500. The momentum is just overwhelming. Assets don't just skyrocket and then crumble -- right as a technological revolution has just begun. I think this is way too early to call it a top.
Why shake your head at them? Bitcoin is extremely difficult to price because of exactly what you've stated. A technological revolution may have just begun, but we can't even be sure that bitcoin is at the forefront of it if we go 1-2 years into the future. In this moment, yes, it is viable to believe that bitcoin will be the successor coin, but as you and I both know, there are strong amounts of volatility with the coin. |
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How much would you pay for the domain name....
HODL.com
Would you buy it? Why? Why not?
Do you own the domain, or are you just curious, as I'd pay a significant sum for it. Im just curious... it's priced at $450,000 now. wow. It's a niche domain, both short and memorable also has a meaning in Bitcoin/cryptocurrency ecosystem. 450k is a bit high but... Not all that shocking for a domain like this. 450k does seem pretty high, I've got to agree with you. I could see this running for closer to 100k or a little under that evaluation. Honestly, sure it's a great domain name, but you would probably need to have some good amount of work into getting it pretty big. I doubt that the entry level investors really know what hodling even means so I could see the domain worth more depending on how many investors there are in bitcoin. |
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The idea fails at point 4 and gets exploited at point 5. 4) There is a donations address to run a bitcoin faucet to give coins for people that frequent that place, only.
5) Every time you shout "Bitcoin!" out lout an automated system with microphones and cameras recognizes your "bitcoin!" shout and according to the faucet supply available will send you coins.
4. Donation will dry up soon. 5. Demand will increase sooner with some people wearing mask continuously play a record shouting "bitcoin". Exactly what I was thinking. People jump often on the idea of free money and this is no exception when it comes to that. There donations would need to be consistent and able to support all of these people coming in for free money regardless of how little money they get or how much. The exploitation would definitely arise and it wouldn't work out in the end in my opinion. |
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Do you know how crazy it is to say that bitcoin is going to be worth $6,7 million dollars? It is insane, and that is a lot of money. Those who are holding more than 100 bitcoins would have money that they are not even going to be able to count it.
It is not going to reach that price, of course, the whole blockchain and the bitcoin ecosystem is not ready to reach that price, because the system is full of kids and crazy people trying to be millionaires just by investing a few dollars that they daddy's gave to them.
Even $50k is a huge amount of money, but that is a realistic price, not an imaginary price like six millions.
Yeah, I have to agree with you. I don't really believe that 6 million is a very valid price to put bitcoin at -- at least now. Everyone knows that this extreme growth that we saw in the past year is not sustainable; at one point in the future it will have to fall apart. The best we can do now is to think more in the present and short term future, because you don't know what's going to happen next with the long term future. |
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I just made an estimate total of how much I have paid for transaction fees, exchange fees, conversion-to-cash fees etc., and I did not feel very good about these extra fees just for me to be able to spend my bitcoin.
I am just curious if anybody here has any idea on how blockchain is planning to keep up with the fast growth of users. You see, my dream with bitcoin is that you can use it for everyday expenses like taxi fare, buying a movie ticket or any random stuff you encounter everyday just like our normal paper bills. But I think this will stay as a dream unless instant confirmations will be attainable.
The thing is that these fees are often changing, especially depending on how the transactions are doing based on confirms and whatnot. However, I see what you're saying. It's very odd to end up paying a percentage when you're just trying to purchase something. I don't think it's too big of an issue myself, but it may end up adding up which could really mess with the system. There will likely be some solutions for this coming up soon. |
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Hi Guys ! What you think about feature of blockchain startups?
It is about to explode. I think in 2018 once these major tech companies start pulling in bitcoin as a currency option for payment and whatnot, there will be so much more support coming in from smaller companies and people looking to integrate blockchain technology into their processors. The opportunities are endless as the whole blockchain system offers a unique solution to the payment processing system which can be changed up and used for other purposes too. We'll see a lot more action in 2018. |
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Do you thing it is feasible to use Bitcoin to place bets compared to the system of using local currency or the USD. Some betting websites have been very flexible in using Bitcoin as the currency of placing Bets.
What I never liked is, if the actual stake was $5 (for example). And the winning amount was $43. The amount of Bitcoin worth will be paid instead of the calculated number of Satoshi. That is usually when the price of BTC drop.
Let's do some maths.
Odd=2.5
BTC stake 10,000 Satoshi
Returns: 25,000 Satoshi
Instead of 25000 Satoshi as returns, the player might get less than the winnings because the rewards will not be calculated based on the amount staked.
However, some people are convenient with the whole thing.
Could you clarify a little on this idea? What I think you're saying is that you want to consider the possibility of a betting/gambling site that allows for the users to bet on the price of bitcoin at a certain time in the future? I believe there is actually a site already with this idea. I don't remember what site it is right off the top of my head, but hopefully someone else can chime in as well. |
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Which one would you use for buying or selling BTC internationally? Do you have experience using some of these? Any other good suggestions? PayPal etc. would be great, but they can't be used for a bigger scale exchange because of their usage policies. I'd like to hear about Link2Voip's payment method distribution if possible For me personally, I don't need to use anything other than bitcoin for purchases that I make. Everything that I want to buy (when I'm buying internationally) is a peer to peer transaction so that I don't have to jump through hoops and stuff. Worst case ends up being bitpay but even that isn't bad at all. I try to stay away from paypal as best I can, but for when it's needed I like to keep my balance topped off a little bit. It makes sense to just use whatever payment method is needed in the moment rather than forcing yourself to stick to one. |
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Bitcoin can be savior only to people who believe in bitcoin as their savior.
Without believe And hold bitcoin, bitcoin as savior can not be realized.
Yes, I agree with you. There are some people who don't have faith in a currency like bitcoin, and so they stay away from it. It doesn't make sense for them because they don't see it having value which is ridiculous -- they stay away from something that's steadily growing right in front of their own eyes. For people in other countries outside of first world ones, bitcoin can literally help them survive and thrive, which is so valuable and why bitcoin is becoming a much more prominent power. |
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So after being paid a little bonus, i'm wondering what is best to do.... I'm not sure how low BTC will come down to after this monsterous surge, so i figure i have 2 options: 1 - Buy BTC when i figure is the best time. But when is that time?!?! Is it when it reaches $9,000? $8,000? Is it even likely to go that low again? 2 - Buy another miner and have it hosted somewhere. I already have a home miner so i'd like somewhere cheaper to run another one (expensive and inconvenient in the UK), and i'd like to skip the $200/250 import VAT duty. But then i have to wait 2 months or so for an S9. Or maybe worth waiting until the new Avalon 8 series comes out early next year? With this amazing surge in price, i'm tempted to just buy more BTC, but then i am concerned the price might correct itself and lose out. Thoughts everyone? What would you do with $1500?  I don't think it makes sense to put that into mining right now. Try to get the best of a cycle and you may be able to make good returns on your bitcoin if you invest. Or you could look into some altcoins that have been performing well and work your money into them. It'll take some research, but if you do it right, you'll end up in the green. I just don't think mining is as profitable as it once was. |
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Bitcoin is the fastest-growing asset in the world this year, but the virtual currency does not appear to have many users in London’s tech district. It has been more than a month since bitcoin was used to buy a flat white or craft beer sold at the Old Shoreditch Station, according to the hospitality manager at the east London bar.
Louis Chauvin admits he cannot find the iPad that is used by staff for processing bitcoin payments, as he resumes serving customers queueing to pay with their contactless bank cards. Although the establishment sits in the capital’s buzzing tech hub, and is advertised online as one of the few retailers in London accepting the hipster-cum-computer nerds’ currency, as few as 20 people have asked to pay with it in the two years he has worked there.
Over the same period, the value of a single bitcoin has rocketed from around $300 to more than $11,000 this week. On Friday, the currency was trading at $10,700.
Chauvin says bitcoin’s increasing value – and media coverage – has not escaped customers. More people have come in asking how it works, thinking of using it in their own shop, rather than actually paying with it, he says, adding: “It’s cool, it attracts some people. But for now it’s niche.”
It's hard to see what it really is, and I'm sure no one really has the ability to see when a drop or rise is coming up other than those who control it. I think bitcoin is both a bubble but also a good investment due to how many whales are involved now. They've started a cycle of dropping and rising the price, but if you get in now, you can make the best out a few of those cycles. |
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No unless they are planning to bring income from bitcoins under the scope of tax reform. Because many people buy it just to evade taxes and at the same time get good returns on their money. But if they are planning not to bring it under the bill then it becomes absolutely irrelevant to bitcoin.
Seems like the probably will in the future though right? I don't see why the US would ignore the idea of Bitcoin being used by a vast majority of the country. It's problematic for the government; they need to get their money back somehow otherwise there won't be any funding. |
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I think for reliable news sources you need to mix together certain sources. A lot of sites that have been listed here I would say have articles that are fairly biased. However, I think when you're able to put those articles together with ones from those with articles being questionable about bitcoin, you can come up with arguments from both sides. I don't mean to say that I support any of these sites fully, but I want you to keep the idea of bias in your mind.
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Well investing 200 usd , infact just 200 USD in Bitcoin is not so profitable as you would not earn much with just the increase in price. Infact buy some small currency whose 1 token will be equal to 1 USD or something. Then you buy 200 of those and wait for a year or something and most likely the token will have a value of 100 USD per token or something. So your profit will be 100 times the amount you invested . So basically you'll get 20k USD .
In op's defense, I'm sure that at some point in 2012/2013 someone probably said that investing 200$ into bitcoin is not so profitable. Look at where it is now. I think one takeaway from that is that bitcoin's price doesn't seem to have a limit right now. The growth has been insane and any form of money you can put into it is seemingly worth it just based off the returns in 2017. It's also possible that altcoins are going to do well, but I think bitcoin is still the strongest coin. |
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What has led to the record surge in Bitcoin value ?
Since you're asking this in the marketplace area, I'll respond using that perspective. It seems like many more people are starting support bitcoin as a payment form. We've seen earlier this year that Amazon was found trying to purchase some cyrptocurrency domains as well. This added support for bitcoin as a currency will 100% help the price increase. Beyond just that, it seems like more people are putting their faith in the fact that it will continue to be accepted as a great form of payment, so that's something to look for as we enter 2018. |
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When it comes to the investment, many newcomers or people with frequent requirement find it difficult to invest for longer amount of time. Here by short investment i mean any investment which is less than year old. That investment has been cashed out within a year. And by long term investment I mean investment which will be kept for more than year ( ideally 10 years or so).
What do you think which is more beneficial short term investment or long term investment
In general, I say that long term is much safer; you get the chance to make money over a period of time, and as that time increases you make more and more. However, I think short term investment has the potential to give you the best returns. That doesn't mean short term is better than long term, as there are more risks with short term, so take it as you will. Regardless of what you choose, you need to be smart with your investments, so I'd prefer long-term. |
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