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Putin never said he was planning to ban it, but to control it.
As usual these days, once rumor with no reliable source is spread on multiples websites, twitter, facebook, you name it.
I will believe it when it happens.
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when some countries ban bitcoins, some other countries will accept it to have the hot money in, unless all the countries come to an accord, that's impossible.
Sounds like great logic here  hope things will be fine. We will all immigrate to Belize if we need to, lol. You no need migrate anywhere buddy. Since, government of china banned bitcoin still many chinese ebay resellers are selling the miners and other products related to bitcoin. So we can use in the same country converting it into a fiat cash with the available traders. They banned the sites in country only but the domain created under different country cannot be controlled by China and all. There is no ban will be happen in future still recently next country to china. India made it is a legal money. Yes, good point Wipro |
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Roulette, slots, you should forget these kind of games.
Based on probabilities only! Why do you think you will win in the long term?
Poker, sports betting requires more than luck/bad luck. Try these instead.
My 2cents.
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Alright ... same odds here, with Thiem vs Troicki.
I am going to trust Thiem @ 1.40. He is not at his best lately, but I do not like Troicki at all, typical example of a player who is solid at times on hard court but with a very limited talent.
Thiem needs some wins here.
Thiem @ 1.40
Stake: 0.01 BTC
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when some countries ban bitcoins, some other countries will accept it to have the hot money in, unless all the countries come to an accord, that's impossible.
Sounds like great logic here hope things will be fine. We will all immigrate to Belize if we need to, lol. |
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Seriously, I could see all large governments eventually trying to make crypto illegal.... it threatens their existence. Hopefully, we can get far enough along to simply ignore their laws. We need to take a stand against this fiat slavery system.
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Ironically, just last month Finance Minister Anton Siluanov said: There is no sense banning [digital currencies], there is a need to regulate them.  |
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One year ago nobody was giving $1000 but now they suddenly get bored and give $5000?  That's normal. I remember that when the price was still far below the $500 mark, I stopped buying because I had accumulated enough coins already, and was only interested to buy more if the price went back down. Hi BitHodler, Just curious, did you sell some since? Or still holding everything you bought when the price was below 500? |
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It is important to have a realistic target. I would aim at 100,000 in the long term. Here is an article that explains how it could reach 100K: https://www.cnbc.com/2017/05/31/bitcoin-price-forecast-hit-100000-in-10-years.htmlHow will bitcoin hit $100,000
Here's how he came up with his price target in 10 years.
Van-Petersen is assuming cryptocurrencies in general – not just bitcoin – will account for 10 percent of the average daily volumes (ADV) of fiat currency trade in 10 years. Foreign exchange ADV currently stands at just over $5 trillion, according to the Bank for International Settlements.
Ten percent of $5 trillion is $500 billion. This is the ADV that cryptocurrencies could have. Bitcoin will account for 35 percent of that market share, which would that $175 billion of the $500 billion figure, he said. This would mean that $175 billion worth of bitcoin would be traded every dayAlso, Van-Petersen then implies that bitcoin's market capitalization would be ten times the average daily volume, giving a figure of $1.75 trillion for the market cap. The current figure is around $37.8 billion, according to data from industry website CoinDesk.
Bitcoin has a limited supply of 21 million which is expected to be reached by the year 2140. In 10 years, the analyst thinks that there will be 17 million bitcoin in circulation, up from the current 16.3 million figure.
If the potential 17 million of bitcoins in supply is divided by the $1.75 trillion market cap estimate, then each bitcoin would be worth just over $100,000.Bitcoin 'not a fad'
Van-Petersen – who owns bitcoin – emphasizes that this is a rough calculation but that his growth predictions could be "conservative" given that in the year 2013 alone, bitcoin's price grew over 5,000 percent. The analyst said that cryptocurrencies will survive in the long run.
"This is not a fad, cryptocurrencies are here to stay," Van-Petersen told CNBC in a phone interview.
"There will emerge two to three main ones. Bitcoin will be one of those. And the reason is the first-mover advantage, the scale and the pioneering."Bitcoin's bad reputation
The bitcoin industry has had its fair share of problems and reputational damage. The digital currency has often had an image of being used for illegal means such as buying drugs online. The collapse of Mt.Gox in 2014, once the world's largest bitcoin exchange, is still fresh in the minds of users. Some members of the exchange are still waiting for compensation.
More recent issues include some exchanges not allowing people to withdraw their money in fiat currency. On top of this, the view of bitcoin as a currency for criminals is still prevalent after the major WannaCry ransomware cyberattack saw hackers lock peoples' files and ask for bitcoin in exchange to unlock them.
Still, Van-Petersen says that the industry is still extremely young and big improvements will come. A few factors will boost bitcoin adoption including better wallets, easier methods to buy the digital currency, use of it for money transfers in areas like remittances, as well as citizens of countries with volatile economies and currencies buying it.
"Volumes are going up, volatility is going down. A lot of people talk about the volatility, but if you are in Zimbabwe or Venezuela, this volatility is nothing. This is the interesting thing to me. I think in the West, a lot of people view it is as speculative, but emerging markets will get it, their needs will be different," Van-Petersen added.
While Van-Petersen is offering one way to value bitcoin in the future, others say that there are other factors to take into consideration.
"It's one way of slicing the pie to try and predict future prices which always relies on a lot of assumptions," Charlie Hayter, CEO of industry website CryptoCompare, told CNBC by email.
"Equating volumes to price value is one method of attempting a valuation, but it doesn't take into account the fundamentals of the ecosystem."
The fundamentals of what bitcoin is capable of from a technical point of view and how regulation is molded around its use will determine its value too, Hayter added. |
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Buy now and sell at 5,500 before the end of the year, is the best way to profit, without being too greedy. IMO of course.
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Thanks for all the constructive replies.
I guess, our hopes are in western countries, said democratic, such as US, UK, France, Germany, Northern Europe, Australia, Japan. etc
I think if in those countries alone, the demand for Bitcoins grows, it should be still good news for the investors we are.
Those countries should find a way to benefit from Bitcoin (taxes...) rather than banning it. I hope so!
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Merci LevelOne, c'est le premier thread que je cherchais.  |
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Par contre j'avais trouve un message d'un admin qui expliquait les differents rangs (member, sr. member, etc.), mais je ne le retrouve plus, si quelqu'un l'a sous le coude, ce serait pas de refus merci |
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If you have a wife, you should tell her. Many men do not want to share their problems, but wives, and how annoying they can be, can also be very supportive. I thank my wife for supporting me in 2015 when I almost lost everything by betting on stupid soccer matches.
Or family of course, even though these kinds of things are never easy to share with other people.
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It is luck game, no strategy at all, so don't play it unless you are super lucky
And how do you know if you are super lucky? If you knew that we wouldn't call it luck, all games rely on luck, even skill based ones, no one should gamble as a way to get rich but people still do it regardless. All games based on probabilities are luck and only luck. Roulette is a perfect example. Then, you got games when talent is valued like poker. Luck plays its part but like in anything in life. Sports betting is also not probabilities only, since bookmakers never open the odds at the perfect price, I see wrong lines everyday. |
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Hi,
First of all, I am a holder, and Bitcoin is for me is an investment, I intend to hold for at least 5 years, so the question asked in the topic title is the last thing in the world I want.
That being said, with China, and now this rumor about Russia, I have to ask this question: how do you deal with the possibility that one day Bitcoin could be illegal in most countries?
Is it a possibility?
It is likely/unlikely?
All opinions are welcome.
Regards.
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This "news" (rumor) did not affect the price of Bitcoin yesterday.
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Goffin 1.40 vs Simon
Tennis / Shanghai
This one is a no brainer for me. Simon's form is awful these days.
Goffin may be a bit tired, but still he is playing superb level since the start of the Asian season.
Goffin @ 1.40
Stake: 0.01 BTC
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Good job by Argentina
surprised by Pouille's form lately
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how to advertise on bitcointalk:
1. put what you are advertising in your signature
2. make some outrageous topic on bitcointalk to attract a lot of users coming to correct you. better if it is against bitcoin.
3. bump it up every time it goes down with more controversy.
4. have the delusion that you are advertising your thing in your signature.
5. get banned because of spamming.
LOL I know it is an old topic but that's the feeling I got too when reading this. |
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