whos that chic? $6000 here now street price* :-D weeeeeeee
I'm vacationing at Blue Lagoon next month. I'll let you know if I run into her. |
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From the actual article: Mayer sustains that bitcoin would be fairly priced at around 4 times the moving value in the last 200 days. That figure should be $27,395 USD if bitcoin’s 200-day moving average hits $5,767.50 USD.
He simply said $27k would be a "fair" price based on past growth. That's far different than a price prediction. |
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Anybody selling the top?
Always, just a little. Buyback on the dips. Win-Win. |
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Like SSS, I started with this spreadsheet and made some tweaks. |
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Anyway: the 2nd wave of news regarding shutdown of local exchanges hit hours after I made the purchace, and the value plummeted (it's now hovering just above $4000, that's a 13% decrease). Lesson learned I guess.
And now you're up 6%. Lesson to learn: HODL. |
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I was thinking it was just half also, but I wasn't sure what I had at the time of the fork.
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Bitcoin is not recognized by governments as a currency. Therefore it is not an asset and is not subject to division upon divorce. I think it's right. The opportunity to earn bitcoins is at all and so they should not be regarded as jointly acquired property. Everyone should be their own expense.
You should be clear which country you are referring to. In the USA, "Virtual Currency Is Treated as Property", and thus very much subject to division. https://www.irs.gov/newsroom/irs-virtual-currency-guidance |
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PayPal has nothing to fear from bitcoin. PayPal is a middleman between credit cards, bank accounts, countries, and currencies. Bitcoin could be simply another currency for them.
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Hashrate follows price, in theory
Right. When mining is (or projected to be) highly profitable, miners buy more hardware thus increasing the hashrate. When mining is approximately profitable, they maintain the status quo. When mining is highly unprofitable, they drop turn off miners thus lowering the hashrate. |
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Now there's an elliptic curve algorithm.
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2. Do you believe that the bitcoin price would at a minimum, increase 5% or greater per year on average, handily beating your current mortgage interest rate?
If again the answer is yes, then
HODL your bitcoin as an investment and keep paying your mortgage payment. Payoff your remaining mortgage years down the road with your bitcoin, and live on the rest.
This right here. Compare the cost of keeping the mortgage to the expected return of the bitcoins. I strongly suggest hodling is going to be a far better result. |
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I'm getting an upgrade in November. What's the best out there? Samsung?
Google Pixel 2 |
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You don't have to split the bitcoins 50-50. You have to split overall assets 50-50. If you can give her more non-bitcoin assets, you can keep more of your bitcoin assets.
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What does any of this have to do with bitcoin?
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So how is the validity of a block checked ? I really can't get the consensus stuff here. I mean, to globally agree on a transactions block, it must be accepted on every copy of the blockchain. Does that make sense to you ?
All the nodes that follow the same rules have the same blockchain. If different nodes follow different rules, they will have a different blockchain. Rules are things like "no double spend", "size of block", etc. Could you also provide me an explanation of the difference between miners and nodes ? Could a miner also run a node ?
A miner is just a node that, along with validating blocks, the miner attempts to create new blocks. |
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Grab your cheap coins while you can. The future is the moon.
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10 years... only if you can hodl that long... how many from 2011 are still hodling? (and that is only 6 years)
The higher it goes, the tighter I hodl. |
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I wonder how the bitcoin protocol judge illegal transactions. As they say, the miner will look throughout the public ledger to make sure the transaction is alright. There are thousands of transactions in each block, if the miner has to check throughout the public ledger for each transaction, this would be very inefficient.
What would you rather have, inefficiency or inaccuracy for a monetary system? |
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