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Hell probably Maidsafe, I can't believe it's going down still, I saw it at less than 5000 satoshis, that's just incredibly insane. I wonder who's crashing the price. Probably some whales want to get a shit load of cheap MAID before the big pump begins.
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https://www.youtube.com/watch?v=9tIOcMjuPkQ&t=6mVery possible if you look at the big picture. In the following years, like some people is pointing out already, look at the insane debts racking up on every country on the planet. So many bubbles about to burst. We only need a small amount of all that money to go into Bitcoin to make it go 6 figures. https://www.youtube.com/watch?v=g2nXgK34HIMVery small total supply, that will keep shrinking with every halving (not to mention every time some Bitcoins are lost forever), currently only a tiny 4 billion marketcap... (a company like Uber is approaching 50 billion marketcap fast, to give you some perspective). The potential for growth is insane but people is still attached to the last ATH as some sort of psychological limit. You aren't looking at what we have on our hands here with with tunnel vision if you see those tiny price predictions as the pinnacle of the Bitcoin price.
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Gold is just all network effect, other than that it's an useless piece of mineral. Sure it can be used here and there but that's all. Meanwhile Bitcoin outdoes every other form of money we've ever seen:  It's all a matter of fighting the network effect in favor of Bitcoin. Bitcoin already won every other battle, it just lacks the popularity and acceptance Gold is a fact, bitcoin is a dream. Gold has its consolidated place in the world of values for thousand years, bitcoin has only 6 year of life and until today is ignored and not known by almost 3/4 of all the countries of the world. I love bitcoin but must give the gold its real place and value. Those are all I can add to my previous post. Edit: I had a mistake in one my expressions used in my previous post: it must be "might not be" and not "cannot" (as it was before) the possibility that bitcoin replace the gold. Bitcoin is already a fact, the protocol is solid and it's working. Bitcoin is way more complex than gold because it's intelligent, there's code, it's programmable, gold is just gold, a dumb piece of mineral. Bitcoin is the future, gold is old and boring. Bitcoin is for the youth, gold is for old people that already has money and just wants to keep it. |
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I everytime think that it is better to invest in gold.
Because it is much more older than bitcoin.
But as bitcoin is something virtual and it is easy to sell/buy i think bitcoin is better.
Gold more older than bitcoin , not necessarily gold is better.  I sure age an object can not ensure that the goods better.  Yes gold is old but it give more stable profits but takes long time and moves slowly and less risky compare to bitcoins. So it suitable of less risky investors I think old people is more prone to stay with gold, and younger people are more prone to stay on Bitcoin. Why' its simple, old people have a lot more to lose, and less time left to enjoy more money, they may rather risk less. Young people is screwed in a collapsing economy, so they benefit more from the increased risk of Bitcoin, which may made them millionaires in a couple of years. |
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keep waiting when its reaches 400 you see the factor of europe genuine aproval of btc makes its rise to 400 you never get 100 again or 200 even
After the halving we will probably never see the Bitcoin price go sub $200 unless a thief or large trader dump a huge load of coins to cause a flash crash. If it still goes below $200 for quite some time after the halving, that will only mean that there isn't enough demand anymore. But that's highly unlikely. Even if a flash crash happens, there are way higher % of possibilities that you don't catch the small period of time where the price will be sub 200's, just like few people caught the 150 flash crash of the latest lowest price. You will most likely be sleeping. |
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Transactions will never be able to stay unconfirmed forever. Every transaction goes through eventually, but have in mind that if you pay really low fees or not fees at all, it may take a lot of time. I once did an experiment and sent a 0 fee transaction, only to find out it took 6 days to confirm. It may be longer now. Dont recommend it at all.
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Saving is a habit. Every one should get this habit from his childhood. Like what is the difference between buying $1 and $10 of pens? The pen serves the same function. The differences are their design and manufactures. Why should we waste $9 to buy a pen? Some one could probably say they like it or may think the higher price of the pen ,the better it is. I don't think so.
Like in our local commercial ads, "Why buy expensive one if those with smaller price can give you same result like the expensive brand can" Im talking about detergent soap lol. Part of saving money is wise buying. We must prioritize the quality of the product when buying. If we found some quality things that can do the same as branded one then definitely be practical. Exactly. Something of this reminds me of Apple and Samsung. If you were to choose between price and quality, I think the best choice would be Samsung smartphones, since compared to Apple's iPhone, it is much more cheaper and you will get around the same quality as an expensive one. (if I'm correct) This can also be applied to other products that you will want to buy. Like for example, when choosing to buy a car, you have a choice between luxury (expensive) cars (with brands like Mercedez Benz, Audi, or Ferrari) or normal cars such as Toyota, Suzuki, Nissan, etc. Just my opinion.  Good example about Apple and Android phones. Here in our country if you have an Iphone, users feel they are advantages than those who doesn't have but my low budget Android can do more than their Iphone lol. Apple is not an open source so developers are not that present unlike Android that has many developers but in case of security Apple is better. But hey security? The owners itself is the great tool of their gadgets security and not by the brand name. Im not against the Apple products it's just that Im practical because if those low budget can do what Iphone can do then I go for the low budget but the specs is quite interesting. Im an Android enthusiast too so I can place tweaks in my smartphone. Being practical is a good practice when saving your money. It's all a mental game... a matter of status. Sure iPhone may sometimes have a big higher quality of aesthetic materials, but ultimately a phone is a phone, and Android can do everything iPhone does and more. It's just the fact your phone has a drawing of an Apple on it that makes it special for some people. |
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We have low wages here on our country and currently I have no job (currenly a student) but I do have 1 BTC I think one reason was laziness  In my opinion, Laziness is not the only factor. It could be because it does not have the ability, for example, there are people who join in this bitcointalk but did not have the knowledge of bitcoin so he could not get anything 😥 Still considered laziness. They can read stuffs regarding to bitcoin and learn about it but some people were too lazy to read and research stuffs about bitcoin Most people aren't bright enough to understand why Bitcoin is important. I know a lot of hard working people, but they can't be bothered with Bitcoin and just think it's some sort of scam or internet weird thing. Those people can't be saved, so let them do their thing, they will realize their mistake in the future. |
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The only guy making the mad bank at the end of the day is the dude that came up with that udemy website. I don't know how, but I see this website everywhere nowadays, everyone is uploading content there, and most of the tutorials are pretty wack. It just viralized out of nowhere it seems.
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I've read this product getting some hate. "It's pointless". How is this pointless? It's a great idea. One of the reasons I don't keep my node 24/7 is because my computer is not powerful enough, so im stuck with only running it when im not using it. This device would allow 24/7 usage.
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It sounds like a good idea, but have in mind taht the ultimate incentive for someone to keep visiting a webpage is that the person enjoys the content. The idea of doing this for a small chance of winning 50-100 dollars may not be enough without the good content.
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Here's a more accurate model of what's going on...  That kindof looks like a great buying opportunity. Buy now, wait for it to climb to great heights (atleast 1000 if I carefully analyze the flight path) and than a crash back down to current prices. Not bad at all. We don't know the scale. Maybe at the peak it's 1 million dollars, and meanwhile we'll have kwukduck thinking it as 400. The point is, if you aren't invested yet for the long term on Bitcoin, I don't know what you are doing here, unless it's the usual fear of people that aren't invested. Their only relief is thinking it's going to crash. |
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It's funny how it only takes a minuscule % of all that fiat debt money to flow int othe bItcoin ecosystem to push the price of 1 Bitcoin to $100,000. It will eventually happen, all that wasted wealth will find it's way out into more legit places to reside such as Bitcoin. There are more chances of 1 Bitcoin going to 1 million dollars than the debt ever getting paid back.
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Fungibility, the property of every unit in the system being indistinguishable & capable of mutual substitution, is an inherent feature of Bitcoin. Consider a transaction where you consolidate one tainted satoshi into an address along with 10 untainted Bitcoin. Once those inputs are combined in a single address, there is no way to distinguish the tainted satoshi from the others. If you spent each of those millions of satoshis to different addresses, there would be no way to determine which address had the tainted satoshi.
The only way you could enforce any kind of tainting logic would be to taint the address, not the satoshi. That would effectively mean that you 'tainted' 10 Bitcoin in order to track the single satoshi. If you did do that, it's likely that tainted coins would rapidly outnumber untainted coins because any tainted coins effectively infect all the clean coins they interact with. Untainted coins might command a premium, but they would almost certainly become impractically rare to treat as the only valid currency. With regards to privacy and the ability to track every known outputs & addresses it is a field rich in innovation and one can rest assured that the alternatives to spend bitcoins anonymously will only increase in number with time. Yes, you can do things to get around the fungibility in a public ledger problem, but he thing is, it's annoying as hell. I don't want to send my funds to some place, then get them back to spend them or do whatever. This should be done by default. All transactions should be like that by default. The average Joe is not going to do any of that, it's not intuitive. Don't worry for the average joes, banks and their walled gardens will be there to keep them secure and ignorant of any of these problems. Do you mean banks will start accepting Bitcoin and managing people's Bitcoin? Isn't this what Xapo is doing already? Anyway, the main point is, the software if you download it, should have by default maximum confidential options turned, and as fungible and therefore anonymous as possible. We would all benefit from that. It's just annoying, having to rely on coin tumblers, mixers, whatever, to try to have some kind of anonymity. It's not convenient. I want to be able to move money from A, to B, without having to do anything else, and still have my coins to not be traceable because that's where the fungibility ends. Xapo, Coinbase, Circle, all banks yes. Please stop confusing fungibility and privacy, two very different things. As for the rest of your comments it is a gross over-exaggeration of the current state of the ecosystem where little to no one encounter the problems you've described. Well, maybe no one encounters those problems because no one uses Bitcoin (compared to the mainstream population) yet, but wait for it. I think we should get stuff like this done before it goes big. Everyone would benefit from confidential transactions as a default option. And I don't think how privacy is not related to fungibility in the context of a public ledger. You can't choose, you either have increased privacy (which translates in fungibility) or decreased privacy (no fungibility because you can trace if coins have a bad or good origin). |
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Wally, wally, wally, walls of text. Who the fuck is ever going to read all these walls? Even instructables aren't walls of text and they teach you how to build something.
Someone break it down for me. Has this issue been resolved yet? This thread is becoming too big a fleshlight for me to read.
The greatest disruption of mankind ever since the internet is being forged on forums like this. The threads on this forum will be studied on schools. Our posts will be studied by kids to try to understand the transition from money 1.0 to money 2.0. We are the makers of history, and remember to not fall for false prophetXT's |
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Fungibility, the property of every unit in the system being indistinguishable & capable of mutual substitution, is an inherent feature of Bitcoin. Consider a transaction where you consolidate one tainted satoshi into an address along with 10 untainted Bitcoin. Once those inputs are combined in a single address, there is no way to distinguish the tainted satoshi from the others. If you spent each of those millions of satoshis to different addresses, there would be no way to determine which address had the tainted satoshi.
The only way you could enforce any kind of tainting logic would be to taint the address, not the satoshi. That would effectively mean that you 'tainted' 10 Bitcoin in order to track the single satoshi. If you did do that, it's likely that tainted coins would rapidly outnumber untainted coins because any tainted coins effectively infect all the clean coins they interact with. Untainted coins might command a premium, but they would almost certainly become impractically rare to treat as the only valid currency. With regards to privacy and the ability to track every known outputs & addresses it is a field rich in innovation and one can rest assured that the alternatives to spend bitcoins anonymously will only increase in number with time. Yes, you can do things to get around the fungibility in a public ledger problem, but he thing is, it's annoying as hell. I don't want to send my funds to some place, then get them back to spend them or do whatever. This should be done by default. All transactions should be like that by default. The average Joe is not going to do any of that, it's not intuitive. Don't worry for the average joes, banks and their walled gardens will be there to keep them secure and ignorant of any of these problems. Do you mean banks will start accepting Bitcoin and managing people's Bitcoin? Isn't this what Xapo is doing already? Anyway, the main point is, the software if you download it, should have by default maximum confidential options turned, and as fungible and therefore anonymous as possible. We would all benefit from that. It's just annoying, having to rely on coin tumblers, mixers, whatever, to try to have some kind of anonymity. It's not convenient. I want to be able to move money from A, to B, without having to do anything else, and still have my coins to not be traceable because that's where the fungibility ends. |
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what you will chose amomg them.and why do the banks are afraid of bitcoin.why banks are not much smooth and faster like bitcoin.if banks start accepting bitcoin as payments then will it became a revolutionary for us?can bank can solve our mining or money curculation probems.
Banks will NEVER accept bitcoin. Aside, the flaws in he bitcoin network and the actual bitcoin-qt, the instability of bitcoin and the volatilityof its price. It would also be a rediculous idea fro banks to accept bitcoins. There may be banks that start off by using bitcoin as a type of investment. Banks only offer a maximum of 6% a year. That is less than 0.02% per day wich is a rediculously low amount ofmoney compared to the revenue from even mining on hashnest which can produce 0.2% per day! This is not the real reason they wouldn't accept Bitcoin. The traditional economic system has way more flaws than Bitcoin and consider Bitcoin isn't even version 1, it's still 0.11.1 The reason they will not accept Bitcoin is because Bitcoin cuts the middle men too much, so the banksters wouldn't have excuses to charge ridiculous fees for transactions. |
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How many characters should a passphrase have to be considered safe? Is there an accurate way to calculate this? Also can anyone explain me what the point of hardware wallets really is when a piece of paper just should do the job as well? (and without the potential risk of device damage)
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$1 per hour is possible, if its just 1 hour a day, but if OP is asking $1 per hour and wants to be paid 8 hours and 5 days a week, I guess a day job will can do that not online
works in real life is possible to get 1 dollar an hour but unfortunately job in real live mostly not accept bitcoin as payment, but you can request to get paid with bitcoin if you were a full employer or just a freelancer, especially on techno jobs related i think that's gonna be awesome It's indeed going to be great to be paid in Bitcoin down the lane, but that's exactly that, down the lane... it will need more time, a couple of years. Right now not even in the tech industry in finding people that will give me a real job to do for Bitcoin. The only few stuff i've seen is freelance coding, but the deals aren't serious enough for me to consider. |
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The way to make that kind of money is to sell a video...
Haha that's right! Exatcly Video viewers and website visitors! I know ofirbigel website 99bitcoins, he make money using affiliate program like "share this to your friends to get $50 !" Etc. And sure you are able to make money without trading and mining. You just need to be a publisher, create website register on a-ads or bitmedia.io , place advertisement script on your website. Do an affiliate program like 99bitcoins did to attract visitors and start your journey to get $5k monthly. There are people that have become millionaires doing exactly that. They are ruthless scammrers. Sure they may bring up some half decent advice and there, but the overall thing is just not worth the money. The likes of Tai Lopez have made this an entire lifestyle where they have become rich and famous by repeating the same old tricks. |
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