impossible man, without the limit block fixed bitcoin can't reach such value because it will unusuable, the fee will be too damn high, if bitcoin was at $10k today the fee would be freaking $6, that is insane and that is on average, can you picture the complication of this?
This is not a problem in the bitcoin future. Some guys working in some tools to solve this problem, and let this cheap and fast. Who? Roger ver? Bitcoin core? That's very sucks. a lot of the drama by the dev and it's hurting the bitcoin network right now. due the increase of the demand and it makes the bitcoin really slow. in this day. |
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one nightmare is the destruction of the USD. if this is true then the world economy will fall.
different sectors will experience significant disruption. because the USD is very influential.
I agree that the world economy will be affected on this incident. We all know that many sectors all over the world and countries are depending on the economy of US. So if US will be the first one to fall then for sure the next ones are its subordinates. Because most of them are making US as their top priority when it comes to economy. The dollar has a lot of the influence for the another fiat currency, that's why it will give the big impact for all of the fiat currency around the world. Some of the countries such as kuba will not get any affect for the dollars. I think it's very reasonable. because there is not central bank on the kuba. |
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It seems there are bad news all around with doom and gloom. Trade figures going down, jobs cuts, security situation not going well, and bad loans.
Is the economy situation in your country that dismal? Or this is just some fear mongering?
Most of the things said in holy scriptures are fulfilling today. All over the world there is fear of unknown, poverty, corruption, hatred e.t.c. From the beginning it was not so. Insecurity we are seeing this days in all sections of economic today is alarming, insecurity in water we drink, insecurity to climates, insecurity of foods, insecurity to life property. This is a sign that the end is here. This is good thing, a start of the new adminstration in your country and so economic growth will rise like other country but then there were countries that try also to eliminate drug addiction that leads to killing or death, which is I guess bad image of ones country. In my country I can say that we have good economic status, the government is working hard to cover all the needs of community. But i think if my government supports bitcoins, it can be even more good for all of us. But you have not told your government supports bitcoin or not. Maybe it's in the near future plans. That's just think about the expense of what social guarantees on such a high level. And all at the expense of taxes paid by the people, and the fate of taxes, when will all be using bitcoin? The smarter country will try to look at the development of the technology. I think every smart country already know about bitcoin. The country is need a tax to keep their circulation of his economic system. |
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You dont need to sell everything only sell the amount you need. Because investing in bitcoin right now is the best way to do. Holding it for a long time maybe 3 years will give you huge profit that you didnt expected.
You can very well make a good amount of money if you are able to trade wisely and good traders are making a lot of coins per month rather than sitting on top of your coins for a couple of year and you can book your profits and wait for a good time to re enter the coin. Exactly, many people don’t realize the fact that they can make a lot of profit while the price of the bitcoin is rising ratherthan saving and waitinguntil the price goes down and then starts complying, smart people would use some of their money on trading selling and rebuying bitcoin and saving the other half. Good job for those people were selling his bitcoin at the ATH, it looks like we can take more profit. I guess your statement is really true, I didn't keep my money on the coldstorage. and I guess there will a lot of the chances as soon as possible. |
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Bitcoin value beat gold at the moment but the marketcap still far from gold. Yes i know that bitcoin is still young compared to gold but saying bitcoin has defeated gold is a bit too early in my opinion.
there are more supply in gold than bitcoin, so marketcap is relative, value is more important, and gold can be mined forever as it can be produced on laboratory, where bitcoin as a limited supply and will eventually end What a laboratory?LOL that's a part of mineral from the earth. and I guess it has a limit on the supply of the gold around the world. You can make another supply of bitcoin anytime because basically it has built by the algorithm. |
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I do not want the price of Bitcoin rose too fast, instead it should be saturated! Current price $ 1200-1300 is very good, I hope it will drop back to grab the momentum to continue in the future, highest about 1500$ in 2017  Just hope SEC will give the another delay for the bitcoin, and we can grab more bitcoin with the cheap price and I guess it will turn into the trap after SEC news. and just waiting for that info will be coming as soon as possible. the momentom is right now before the price move up to $1500 or so don't make yourself regret later , do invest now as i believe the price for now will stay for quite long before move up to over $2000 optimist is a must , 2017 is really the year of the highest bitcoin price ever , it was insane! Nope, i don't wanna lose all of the bitcoin moment, sell at the high price and buy at low price. In my belief is not about hodl bitcoin for a long time but how to make them be a more and more bitcoin in my pouch. |
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To answer your question, I will tell you something that good to try.
Last year, my friend tell me he buy 3 btc when the price is worth $700. He said he just want to save his money in another place, not bank. So bitcoin is one of any choice to save money. But what happen now with the price? Now, bitcoin worth to $1200+ and his money is grow. It is same like investing money in the stock.
This is a very nice and colorful example of what is worth buying bitcoin, thereby investing in their future well-being. Only one question oppresses me all the time, how long bitcoin will rise in price? I would not like to lose. While I understand that investing is always a risk. it was because at that time the price is still relatively small but this time the price is already very high certainly everyone will think buy many bitcoin at current prices including a very risky practice? Yes it is, Because we are not know when the big red candle of the bitcoin will be happening in the future and i think this is very risky to buy a lot of bitcoin right now. Just watch the price and grab more with the low risk way. |
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I don't have any reasons not to trust banks because as far as I know, banking storage of money is reliable and many business owners deposited their assets on a savings accounts they have for fiat cash money. Well if we ignore trusting banks its not worth earning btc because we can use fiat cash money, to exchange it from digital currency to fiat currency by using online wallet which has an option for bank cash-out.
Yes correct, let alone all the bank supervised and guaranteed by the State, of course we never doubt that the bank has a high level of trust, and as my experience, I have never been disappointed with the bank, all transactions are transparent. I agree with you - the banks are very reliable. And I have no reason to not trust them. I did not commit any illegal actions, so I had no problems with the bank. I am sure that the banks provide high security to its customers if you're not doing anything illegal. certainly the bank will continue to provide benefits to you because the bank function is not only to save money but to send money to another place with ease But the bank will try to blocking the funds which it has a suspicious funding. And I think it's really bad if the bank always try to blocking the fund without provide a reason for the user. in this time. |
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Maybe there is chance it will happen in the first place but anytime soon, no it will not be even close to soon.
It would take many years to achieve this and maybe it will even never happen.
I agree with your second option that it might won't never happen, because people believe in USD, and the bonding is more strong. BTC is very good, but replacing USD seems quite tough and nearly impossible. The people are using dollar to fill his daily life and bitcoin will never replace the dollar if the bitcoin can't fell the role of the dollar right now. and I think it will never be happening in the future. crypto is good alternative currency. |
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I think this topic is already answered..because as we can see the price of bitcoin now compared to price 2years ago was totally improving and it is continuously increasing.
My prediction is that the price will approximately double every year for the next 5-7 years. Well, that just make sense considering the fact the in certain time halving will occur, but, it's not a factor that makes the price could increase drastically and obviously. It's all depends on the market regarding demands and supplies. But I think that it's really easy for bitcoin to increase its price because of the halving and it means the supplies will be reduced. I'm definitely holding until the 2020 halving. It will be a catalyst for the next bubble. The bubble after this coming bubble I mean. It seems like this time is the bubble of bitcoin. But the price of bitcoin is on the hype mode of SEC. so I feeling scared if the price of bitcoin will get a lot of the dump anytime as soon as possible. and as far as I know it's will be starting after 11 march. |
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Whoa! That's really cool having 12 BTC. If I were you I would probably cash out my 2 BTC and start a business here in my country!
2BTC means about $2000, so starting a business with only 2K? What kind of business? LOL We can become the local escrow in our environment and I think it's not require a lot of the amount. just starting with little amount to gaining the popularity and to be the trusted person. |
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I do not want the price of Bitcoin rose too fast, instead it should be saturated! Current price $ 1200-1300 is very good, I hope it will drop back to grab the momentum to continue in the future, highest about 1500$ in 2017 Just hope SEC will give the another delay for the bitcoin, and we can grab more bitcoin with the cheap price and I guess it will turn into the trap after SEC news. and just waiting for that info will be coming as soon as possible. |
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Saving is always good. Some money should be used for living, some for investments and at least 1/3 for saving.
Without savings, life is very very risky..
totally agree with you, without saving it all what you try such work and investment will be as useless because you did not save. then my advice do storage but without investment we can not guarantee a better life for the future and if you only save in the long run it will be exhausted if the percentage of 70% to investmen of 30% to save if there are things that are unexpected I think the investment function only as an extra income. not for the main income? If you already have a primary job which gives a very large income. I thought you did not need investment? Investment is for securing our money in the right place, but if you can choose the right place for investing our money and I think we will be able to get more bonuses too. |
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We are planning to integrate a user chat into SpaceBTC's trading tab, and would like to know what features you prefer having in chats and which ones you find obtrusive.
We already have a live chat for users with technical problems, but user's can communicate with each other yet.
I just imagine if there is a chat box, it makes me able to ignore the other users are trying to trolling us. I think will be like to use it. I don't ever see it before, but is it possible? |
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Is making a bitcoin exchange a profitable business? Has anyone have any experience?
And I don't mean an online one, but a local one where people can go and buy/sell bitcoin.
What do you think?
I can understand that it will depend upon the location, but I think it can help in inviting more people to bitcoin too, right?
It's really profitable. But you must see the potential of your location about how the bitcoin is familiar in your area. In my country, local bitcoin exchange is really profitable. Just using the fees and my friend can get his life even better. |
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I think the price of BTC can break through $1500 in this year and if ETF is accepted it would go to the moon
Not only the price of bitcoin will go to the moon but it will bring the long effect for the bitcoin and all of the altcoin. I think after SEC approval more money will always flow into bitcoin. And US citizen will be able to buy the crypto product. |
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Hi all
I'm new to Bitcoin and I try to find out more about how it works so please forgive me when my question is too stupid for you and try to explain me like I'm five.
As far as I understand mining is essential for the system to work, because without miners no new block can be added to the blockchain.
On the other hand mining gets more and more expensive so that only big miners with cheap electricity can afford it. That makes the bitcoin-system in my opinion extremely exposed to 51% attacks.
Since if only the big miners work on the blockchain they can manipulate the blockchain when the just big enough.
Am I right with my concern or did I made a mistake?
Please help me to understand it better, thx.
Blockchain can't be manipulated. The spreading of the nodes around the world is securing the blockchain system. It makes there are no high trustability nodes. |
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Buy several altcoins  Even if you are planning to purchase the alt coins you have to be cautious while entering it because there are several coins out circulating and there are many projects coming out every month and if you think that a certain company has legit offers then you could invest in it and make some money and for that you have to be really lucky to pull that one .Trading is an option any can do with any amount of money. UBIQ which is currently traded at Yobit.net just pump this month, from 2 satoshi it pump to 299 satoshis and I'm sure there will be a lot that is coming. UR from 8 satoshi to 650 satoshi. what the hell is that pump from the fuckin whale. Sadly I'm not buy those coin.  But a lot of the potential coin will come with pump and dump. |
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Only the big whales of 10.000 BTC would be able to have an impact on the price, and even then, it would be minimum.
We saw hundred of thousands of BTC stolen from Bitfinex and we saw a flash crash and we are already recovering. The amount of money you would need is simply too damn high.
IMHO whales holding 10.000 BTC are not fond of dumping coins because the believe bitcoins potential has not yet reached, unless the carried out a coordinated dumping to manipulate prices. Having the number of coins is very easy to influence the market and do so competently to direct at low prices could buy more bitcoin. More demands and it will very difficult to manipulate the price of bitcoin. but it depend on the situation of the bitcoin market. if he dump on the bearish trend and it will give him more. |
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it is blockchain (the technology) not bitcoin. which means the banks and so many other financial groups are very interested in this technology and want to "create their own altcoin". they will make a ledger and possibly not even make it public and use the technology to increase their security, and speed for internal transactions.
The bank are only interested in using the technology and create their own private larger, I agree with your comments on the reason why bank are developing they own blockchain. They might not using bitcoin but this will promote bitcoin as bitcoin created the foundation for blockchainer. What's private larger?LOL. Blockchain is the another chance for the bank to take more advantages for his system. They will be running on the fully automatic system with the blockchain adoption. Blockchain is not about bitcoin and it's not promoting bitcoin. |
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