The very recent surge to push Bitcoin over the $5000 mark is driven by both Forks, one in 2 days and another next month. There is a lot of funds and alt coins being traded into Bitcoin ahead of these in order to gain free coins.
After these forks it is hard to know how the price will go with Bitcoin, it's quite a lot to see it edging to $10000 in the short term but yeah anything is possible, and as others have commented it could reach the $10000 mark sometime next year.
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yup its a nice read and great to see Japan moving in the right direction although I wonder what implications there will be for their exchange users in so far as their identities, where do they go? will there be tax liabilities? does it mean that Japan is moving closer to try and regulate Bitcoin?
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Btctalk name: aoluain Rank: Full Member Current post count: 832 BTC Address: 1GKN5ZDSqNLoev4Ksfz4GakWrpYzWvxLZp ETH address(non exchange): 0xE48fe12Cf626C4af181eb206d2A197FB88A2e644 Wear appropriate signature: yes
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Bitcointalk username aoluain Rank Full Member Current post count 831 BTC Address 1GKN5ZDSqNLoev4Ksfz4GakWrpYzWvxLZp
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The general consensus is to have a wallet you control The private keys of. I use exodus desktop wallet and They are not supporting the october fork.
I would imagine online exchanges like bittrex, poloniex and coinbase would be safe for the fork also?
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Good points made already, the consistent top 10 coins or even a good percentage of these should be in any portfolio, or what i call 'the old reliables' Bitcoin. Ethereum, Litecoin. NEM. Dash, Monero.
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Contact e-commerce websites like Amazon, and request that you want to pay with Bitcoin, Ether or any other coin you like.
It can be done by using site's feedback or contact us forms.
This way we can create demand because good e-commerce sites care about their users. And they know that the more payment methods you have the higher the conversion rate (the % of people who buy something) because some users can use only 1 method of payment. For example, some americans can only pay with Paypal while some venezuelans can only pay with Bitcoin, etc. So, if the site supports more payment methods it will convert more orders on average.
To increase the demand for implementing cryptocurrency payments in e-commerce sites we just have to request that using the contact us or feedback forms. The more people give feedback to their favorite online retailers the more people will start using bitcoin as payment method (now that we have segwit).
The more people do this the more demand for Bitcoin there will be.
Thanks to those who do that.
Good idea, this is something i mentioned a while back, There are enough of us here on bct it would have to Have some impact even if it just creates the smallest Of infleuences. Now who is gonna lead the awareness bomb?
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Photoshop?
Who do you think has paid for this banner? Bitcoin Core developers?
No photoshop, I took the picture by myself. Well recently there have been a few Bitcoin events in Malta so I guess someone wants to promote it. Intriguing as to who paid for it. I suppose anyone that is holding a very large number of coins has the motivation to increase interest in Bitcoin. I heard it said recently that only about 5 million so far have any form of cryptocurrency wallet. When this gets adopted more widely price increases are going to be far greater than we have witnessed so far. On top of that prices for traditional banner adverts are relatively low. i was just wondering who paid for that? and who is to benefit from that banner? strange but good I suppose although would the word "Bitcoin" mean anything to people who dont know anything about it
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Hey I would like to point out certain points :- 1. China was looking forward to controlling the money outflow , and there had been rumors that they were going to introduce a new cryptocurrency, I know nothing about how true the rumors are but suddenly banning all ICO'S and Bitcoin possession did... Take a toll on the price of the Bitcoin in the market. 2. China what it wants what it doesn't shouldn't be of our concern since, bitcoins recovered from its ban and also they are now stronger than before thus I doubt if China is needed anymore for the regulation of money and crowd. 3. The recent declaration of war between US and North Korea, China is playing a major part thus if they are going to do something I doubt if it will be done anytime soon. 4. Bitcoins are now gaining power and command over many countries and I think they will be accepted as a global currency soon thus China will anyways will remove the ban if they don't want to be left behind. I was of the thinking that bitcoin ban in china Was only temporary but i am seeing a lot of reasons as to why i might change my opinion. China has nothing to gain from allowing its citizens To use bitcoin. Why would china be left behind? No country has yet to 'legalise' bitcoin and erase Their own fiat currency. China is still banning their citizens from accessing Everyday websites, websites we in the west take for Granted, why now would they allow their citizens to Be involved in something they cannot really regulate Or control. Because bitcoin is web based they instead Just ban it.
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Now he doesn't talk anymore as he knows no one cares about his ideas. Bitcoin changes the opinion of all its opponents. Just wait and see how all of government, companies and all who are against of it will accept the technology of Bitcoin.
a lot of people dont care what he says especially on BCT! he nor anyone can damage bitcoin with words. im not so sure though that Bitcoin would be accepted widely across the world, it will be tolerated for sure but there will be other government controlled blockchain currencies.
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I find it difficult to follow everything also. I obviously follow the coins and tokens i own And try to follow each signature campaign i Get involved with and then decide whether to Make an investment.
There are soooo many ico releases i cant see Anyone being able to keep up with all of them.
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Great milestone to be crossing, this a primarily due To the upcoming fork, everyone wants a slice of the Action so a lot of funds flooding in.
None the less its all good and should be making headlines
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Never knew about tbat kid that dropped out of school, he obviously believed or had good vision about what was about to happen with bitcoin. I suppose all the early adopters of bitcoin are now reaping the rewards and best of luck to them
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I'd say Team, Product, and Community behind the coin.
Yea i would pretty much agree with that. I think the development team have to be dedicated and be prepared for the long haul, This also means dedicated to a realistic road map set out from the start rather than an after thought. The product of the ico has to be viable although i suppose anything is possible and viable. Which is where the community plays its role!
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In the past i have bought goods with bitcoin, but not directly. Places where we can spend our currency is limited at the moment But i believe it will get better as the demand rises.
And in order for the demand to rise we need to show that we want To purchase with bitcoin or whatever.
I am currently in the market for a new mobile phone and i want To use bitcoin or litecoin, i think my only choice is 'overstocked' ?
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I think this has possibly happened over the last few days. Bitcoins value is just scraping close to the magic $5000 threshold while a lot of alts are down.
I have traded some alts which seem dormant into hitcoin, I can buy them back when i get my Gold
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because of Bitcoin's anonymity it is hard to get factual evidence we can only speculate and while the OP's assertions are correct regarding the Bitcoin drivers
"- criminal enterprises, such as those who are cashing out stolen credit cards and compromised pay pal accounts into the BTC - people using BTC to obtain illegal items, like drugs, arms, and counterfeits - all varieties of scams/cons - absurdities like Vanuatu citizenship, potentially also possible to (miss)use for illegal enterprises - legal retail in shops, grocery stores, gas pumps, hotels, investments, travel... - speculation, obsession with quick profit, and complete disregard from actually ever branching away from fiat money"
all of the above are not unique to Bitcoin it can all happen with FIAT, Gold, Cars or whatever is tradable. Whre I live there are criminals breaking into unoccupied houses to steal the copper plumbing to trade into cash to further trade into any of the above.
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Bitcointalk is definitely up to the minute in reporting IMO.
But if you want news on the go, I.E on your mobile phone I can suggest "Bitcoin Headlines" from the google play store.
I lists the current headlines from a lot of popular sites in a single app. some current headlines listed are from the following:
BTC Manager Bitcoin Magazine Bitcoin.com Brave New Coin Coin Idol CoinDesk CoinJournal CoinReport Cointelegraph Crypto Insider NewsBtc The Merkle
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its slowly slipping. it was doomed from the start the majority of people were saying they were going to stick with Bitcoin and thats what I did by trading my cash into the original. I am surprised to see it up over $300 though
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Well I dont trade anymore, for me its a waste of time for very little if any gain, granted I was only trading with about $200 of altcoin/bitcoin but still I found it time consuming.
I wouldnt have thought it was getting a hard hit as there will always be people who want to make profits and trading is very alluring.
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