A normal transactions you have to wait 10 minutes for a transaction to be confirmed.Some times transactions taking a long time to be processed by the network problem.It depends also which types of wallet you use and fee that you set.
yeah you are right that normal transaction time is 10 minute and i think its very fast transaction than other service or bank and there is maximum people prefer that bitcoin transaction is very much faster . Yes, to compare the bitcoin transaction time span to bank one I guess bank is defeated then, But I guess 10 minutes waiting is good enough to wait not for days to be confirmed and received by recipients. And to use this as payment method to groceries is a good Idea but just let the owner of the store be enlightened by what and how biticoin really works. |
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This is a great initiative, I would like to see something like this on my local area, but unfortunately in my country there are still few companies and vary few people using Bitcoin.
I just hope this situation reverts along this year and that more and more people start to use bitcoin in my country.
WE do all hope for that to happen in every country since we are using it is our benefits to have this service. But it is too hard to adopt this service in local area especially we are only few in every country, we need to wait for such time to have it in every local area I guess and let every government approve to use it. |
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Zero fees also has consequences of market manipulation by generating fake volumes. BitSane has got to authentic and transparent for it to succeed. low fees, high volume and additional currency pairs can add a lot more to current value of BitSane.
Kraken has added XMR in their exchange and so has BitFinex. There are also rumors that Brian Armstrong of Coinbase will add the coin in their exchange soon. With the way the interest is shifting from coin to coin, XMR might become the preferred coin after Bitcoin. Please consider including it on your exchange. No doubt, XMR is getting a lot of popularity and bitsane should include all the coins which are popular among the traders. Its still early days for Bitsane exchange and already we see a lot of potential here. I am Confident Bitsane will compete will all the big exchanges in the near future. |
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I will spend 2 btc on trading.And since bitcoin price is increasing rapidly.
I will just put 11 btc on a cold storage.After couple months, when I will be on a profitable position,
I will convert 11btc to local fiat.I think holding btc is the right choice and it's less riskyer than trading or gambling.
This is the right move for me too, trade and keep because it is increasing rapidly and there must be possibility that the value of it will increase half of total value in fiat and in that time I am reach already..  Anyways 13 or 11 Btc is a quite a big amount and should be wisely used and spend. |
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I store Bitcoin in my hardisk wallet so it is impossible to steal my Bitcoin. My wallet is secure enough even if my harddisk has been stolen, there will be a way to recover those Bitcoin
I preffer like to store my bitcoin in online wallet, becouse it is so practicaly. I can easily withdraw my profit from trading to my online wallet. Its litle risky to talk about it. Yes, me too, if I have now good enough number of bitcoin, maybe that would be my move too, put it on the online wallet in bitcoin value because it is growing as the bitcoin value increases when you have it on you online wallet and have it save. |
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yes you can surely start trading from 0.5 Bitcoin and i do not think that 0.5 bitcoin is less amount for to start trading and i am sure you can get a maximum profit through trading by 0.5 Bitcoin .
actually there is no minimum limit in trading. bitcoin slightest that we have that can be utilized. large and small want that influence is a result that we can. trading does not burden us all. Yes, there is no minimum limit in trading. You can place any amount you love as long as you can, I mean as long as you can manage your emotion on handling it because in trading you lose and win too, sometimes you get no profit. |
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Depends on your place located like here in the philippines we have our online wallet which is coins.ph that is so accessible.
Yes, I agree with you, it totally depends on where you are located because there are some country that have their own coin and online wallet that makes their country men feels easy and to those who does not have they uses blockchain.info |
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Because bitcoin is decentralized, so government has no control over it, only it's owner has. And bitcoin is anonymous, it has potential for illegal use, like scam, money laundry, drugs, and guns.
yes the government is too frightened to use bitcoin. this time bitcoin does have a fast enough rate movements. so they think that bitcoin can give chaos in a country's economic system. I agree with you that they were frightened to use bitcoin. And one more thing bitcoin doesnt have any identity of the sender or receiver of the money even they will not know if the man behind the account is a girl or a boy. And its being decentralized that does not make government control it which they dont want to. |
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Happy 2017 to all
Due to the current huge daily increase of bitcoin do you believe\think that one bitcoin equal 2000 USD by the end of this month - Feb2017 ?
Thanks
I guess prediction is too much, double the money in one month is impossible, lets be good in prediction which can be viewed naturally not just a joke prediction people . We see its of up and down value in 2016 and now also in 2017. |
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I think buying drugs with bitcoin is a bad choice. bitcoin created for some benefit. such as ease of various financial transactions that we do. bitcoin use it wisely, use for something useful.
Actually this is why drugs users love bitcoin because they were remain anonymously even they buy bucks of it.This is how bitcoin abused by those users. But then again the not the Bitcoin which is bad but the users who exploit it badly. |
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We hit the 1k value ,again  (Bitstamp rate) Happy new year everyone Yes, and still increasing, this is what everyone here is waiting and now we are expecting to have $1500 now in the account.. Happy new year too.. Cheers guys!! |
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Sorry, but i don't know why price bitcoin increase quickly, yesterday i see price bitcoin is 967$ and today price is 1034$, what's happening?
Many people talk to me Chinese control Bitcoin, some people talk me demand of bitcoin increase so price bitcoin increase. Who should i believe?
I guess it is because the total demand of bitcoin now continue to grow rapidly which causes its high value. Many countries increases their bitcoin supply because there are many buyers of bitcoin nowadays. |
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The real people living off bitcoin own bitcoin companies and making pretty good money too but individually i see bitcoin as a source of petty cash  Exactly, it is an extra income for me, but my extra income is closer to my salary in fiat currency.But for me as the OP question my satisfaction for me to leave bitcoin, my answer is NO, I will never leave bitcoin especially in the near future, it will rise and continue rising so why leave? |
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Bitcoin will be one of the future currencies as it has opened door to many opportunities and towards digital money showing good pattern based on blockchain. I don't have any doubt of it being important part of next digital money backed by different states. Bitcoin is future money all this money flow into it isn't for nothing.
I agree to you , Bitcoin can be the future money cause it is the number one crypto today and everyday many peoples is starting to use bitcoin as their second currency , But their is a possibility that bitcoin cannot survive in the future because we dont know if our governments has a plans to ban bitcoin in every counties we dont know what might happen in the future but im still believing that bitcoin will be our future money. Me too, bitcoin really have the future to be and turns to fiat money, all we need is a support from the government to publish and let people be open to use bitcoin and then this will be the next move for the bitcoin to be a future money not only in one country but all over the world. |
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Selling things on here is easy, you can simply make a good post and let someone try it out for me to give you a good feedback so people know you can trusted. (vouch)
Yes to attract buyer you must have a good post to post not just something simple information. And better post your previous transaction here to attract too and be trusted by your future buyers. It can help you to gain more buyers. Anyway better put your products on Goods Section. |
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I don't agree with that statement. If bitcoin price will be $10.000 it will be useless without fiat. All cryptocurrencies has a conversion to fiat. If fiat would be useless, all banks and even world banks would be useless also. See the point?
You have the point and that's why fiat will never be worthless whether the price of bitcoin will be one million dollars. Still fiat needs to exist because it is the measurement of the price of bitcoin. Maybe for us users of bitcoin we can just boycott fiat and total forget about it but those people who don't know bitcoin, still they will need to use fiat. This is exactly true. As long as majority of the people still rely on physical exchange and transaction, fiat will never be worthless. So even if bitcoin exceeds the 10k mark, thr fact that we still need to exchange btcs to real money most of the time, tells us that the age of cryptocurrency still is a long way ahead Exactly, we really need local fiat money since we use it in our daily life with our daily needs, bitcoin is just a virtual money which we converted to our local money to use, and even if the bitcoin reaches and greater than $10.000, those who are not using internet or does not have internet access for sure they can't have it and do not know it. |
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I think this will be the same as the 2016... A roller coaster and wild price movement happens from time to time specially when there is a great event or holiday and later on would just settle to a certain price higher than before and starts to go with boring price again... Maybe we are becoming more and more public this year, I've seen this bitcoin price drop in nikkei asian review, so I guess everyone is already keeping an eye on bitcoin...  Yes, exactly, I monitor the bitcoin price every now and then and its price is kinda warning for those traders, because it is now below $1000 which is bad to know but still we are just in the first month of the year and yes bitcoin is being known all over the world so for sure this will hit again another highest peak.
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Hi,
I just bought more Bitcoins, as it was under 1000$, do you think that it was a good choice?
It depends on your purpose dude. But if it is for making profit, then for sure it is good Because time will come you will have more than what you have just maintain it in bitcoin value. |
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Given that they have 5% house edge, this seems to be pretty much impossible. As far as I know the chance of rolling the lucky number 1000 on FreeBitco.in's free rolls has nothing to do with their house edge. If you were lucky enough to overcome the probability of 0.01% and to roll the number 1000 you'd have $200 in BTC as the prize, there is no house edge here. They have 5% house edge on their HI-LO game and that's why it is not recommended to gamble there. I guess so. House edge doesn’t have any concern with your luck on rolling the highest roll there. The chance of winning is in your rolling hand |
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Guys , can someone tell me what is happening with Bitcoin ? In only 2 hours his price dropped over 10% . Now his price is 880$. What should i do? Sell my bitcoins or buy more?
This might be an opportunity to buy more btc before it will rally again to go up. Some whales want the price to drop and buy a lot of btc and sell them again at high price. Yes, this is how big whales become big they buy when it is in low price, very clever, Now we are facing and roller coaster price of it but for sure before this January ends the price will be stable and when February starts then price will be move again. |
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