Bitcoin Forum
October 18, 2024, 01:48:02 PM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 [348] 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 ... 428 »
6941  Alternate cryptocurrencies / Altcoin Discussion / Re: BNB quickly rose to $32.60 and rose more than 3% in 2 hours on: May 27, 2019, 02:40:58 PM
I understand that Binance is one of the most popular exchanges right now. But this huge market capitalization of BNB is making me very uneasy. At current levels, it look very much over-priced. There seems to be a lot of hype regarding the future potential of Binance. And at the same time, the users are ignoring the risks which are associated with it.
6942  Alternate cryptocurrencies / Altcoin Discussion / Re: 51% Attack on Bitcoin Cash blockchain. on: May 27, 2019, 02:38:47 PM
Well... let's look at the positives as well. In this case, the mining pools were not doing the 51% attack for their own gain, but in order to reverse a previous transaction in which a robbery occurred. This is similar to what Ethereum did, after a major robbery in 2016 (the DAO robbery). I am neither favoring nor opposing this move, as there are negatives as well (such as centralization of mining).
6943  Economy / Speculation / Re: Can Bitcoin hit 100k in 2020? on: May 27, 2019, 01:59:55 PM
Theoretically it can reach that level, but I wouldn't be that optimistic. By mid 2020 we'll be having the block reward halving. The impact of that event will be visible only after 12 to 18 months. So in all probability, by 2022 or 2023 we'll be having a new ATH. But then, I don't know whether there will be enough momentum to take it past the 100k mark.
6944  Bitcoin / Press / Re: [2019-05-27] Bitcoin Hits New 2019 High Above $8,900 on: May 27, 2019, 01:57:14 PM
The current price movement is very promising. But in all certainty, there will be another round of profit booking before we reach the level of $10,000 per coin. And this is going to be more exhausting and time consuming when compared to the one we had last week. And I am not sure whether 10K may be achievable before the next block reward halving.
6945  Bitcoin / Press / Re: [2019-04-22]American bitcoin trader may face death penalty over 'sea home' on: May 27, 2019, 01:53:30 PM
If he don't want to waste the remainder of his life in some dark Thai prison cell, he should seriously consider applying for a Royal pardon. There is no other option in front of him. His American passport can make things a lot easier, as this option is not open for the vast majority of the third world citizens. He should hire a local attorney and then press for a pardon.
6946  Bitcoin / Bitcoin Discussion / Re: Did Satoshi Created a Telegram group or Channel? on: May 27, 2019, 01:49:38 PM
This is ridiculous. The white paper for Bitcoin was released in 2008, and it was first mined in 2009. The last post made by Satoshi in this forum was on December 2010. You can check yourself:

https://bitcointalk.org/index.php?action=profile;u=3

On the other hand, Telegram was first released in 2013, and it became popular after a few years. So there is hardly any chance of finding a Telegram channel started by Satoshi, given his preference for complete anonymity after 2010.
6947  Bitcoin / Bitcoin Discussion / Re: Bitcoin Halving: Hype to Speculate? on: May 27, 2019, 01:46:16 PM
One thing is sure. The exchange prices can rise tremendously. Because right now we have a slight advantage for demand over supply, and that is why the prices are continuously rising. But at the same time, the demand is not strong enough to carry BTC to ATH. However, the block reward halving will upset this status quo and create a severe shortage of coins.
6948  Bitcoin / Bitcoin Discussion / Re: India on Bitcoin: Will the Newly Elected Indian Government Pass Crypto-Friendly on: May 27, 2019, 01:43:57 PM
They are planning to ban crypto-currency... but they'll be wondering how to implement it. According to the government sources, there are more than 100,000 Bitcoin traders in India. Active users may number in millions. Now they can't suddenly ban something which is being used by this many people. Let's wait and watch how they are going to do it.
6949  Economy / Gambling discussion / Re: Bare Knuckle: Malignaggi vs Lobov June 22 on: May 27, 2019, 01:39:06 PM

This is as good as fighting without any gloves. They are saying that the knuckles will be exposed. Then what is the use in going for gloves? There will be a lot of facial damage and blood everywhere. BTW, I just checked the odds for this fight. And here they are:

Sportsbetting.ag: Artem Lobov +220, Paulie Malignaggi -280
MyBookie: Artem Lobov -180, Paulie Malignaggi +140

This is very confusing. Two different betting sites, and they have very different odds for the fight.
6950  Economy / Gambling discussion / Re: Manny Pacquiao vs Keith Thurman on July 20 on: May 27, 2019, 01:34:00 PM
I heard that Pacquiao is concentrating more on politics and not taking boxing seriously. If that is the case, then Keith Thurman will have it easy on July 20. I am a bit confused. Betting in favor of Pacquiao is too risky, while going for Thurman is not going to be very rewarding, given the one-sided odds. But the fight is going to be very entertaining (although at $75 per subscription, a bit expensive as well).
6951  Economy / Gambling discussion / Re: 2019 Cricket World Cup - Discussion & Analysis on: May 27, 2019, 01:30:53 PM
Bangladesh is not even a threat. IMO, there are only four teams capable of defeating India in CWC 2019. They are Australia, England, New Zealand and South Africa. Bangladesh still has a long way to go.
Don't take it so much easy. Back in 2007, the Indian team was not so weak, Bangladesh was pretty weak than the current team. Can you remember the day?
Don't think that India is better team means Bangladesh can't defeat them. Bangladesh now is no less than a big team, I admit chances are low, but not impossible. Remember.

LOL... that was the reason why the ICC reduced the number of participants from 16 to 10. India lost to Bangladesh, failed to qualify for the quarter-finals, and in the end the TV broadcasters suffered huge losses. But times have changed a lot. Now India is among the top 3 sides, while Bangladesh is miles behind. 2007 seems like a very distant memory.
6952  Economy / Gambling discussion / Re: Cricket match prediction discussions on: May 27, 2019, 01:28:27 PM
Very sad for Bangladesh, we could have increease out confidence and could start tho  World Cup with more energy. Pakistan is really perfoeming too poor, neither with bat, nor with bowl.

I would not consider both Pakistan or Bangladesh as teams capable of winning this world cup. Bangladesh never performed well enough to get to the top 4 list, while Pakistan has slipped down during the past decade or so. Adding to the form related issues, PCB is also facing a shortage of funds, and this can affect the team bonding as well.
6953  Alternate cryptocurrencies / Altcoin Discussion / Re: Should I buy bitcoin now?? Or I'm too late?? on: May 26, 2019, 11:17:53 AM
You need to remember that despite the 100% plus rise we had during the past two months, Bitcoin is still trading 60% lower when compared to the all time high ($20,000 per coin, December 2017). So in case you can hold on to your coins for another 3-4 years, there is nothing wrong in entering at this point of time. But be aware of the risks.
6954  Alternate cryptocurrencies / Altcoin Discussion / Re: 51% Attack on Bitcoin Cash blockchain. on: May 26, 2019, 11:07:23 AM
I am not a big fan of Coin Telegraph, so checked the news in Coindesk. They have covered it here:

https://www.coindesk.com/bitcoin-cash-miners-undo-attackers-transactions-with-51-attack

The good news is that the mining pools(BTC.com and BTC.top) did the 51% attack in order to neutralize a previous robbery and not for their personal gain. But even then, the reputation of the currency has taken a hit. As per the latest charts, BCH is down 4%. Now a lot of questions will arise, regarding the decentralized nature of Bitcoin Cash.
6955  Economy / Gambling discussion / Re: Cricket match prediction discussions on: May 26, 2019, 10:34:26 AM
With the return of Warner and Smith, Australia looks like the strongest team in the world cup. I won't be too surprised, if the final is between Australia and New Zealand (just like the case in 2015). NZ also looks to be in fine form, and they have performed well in England. Trent Boult is going to play a major role for them and the conditions suit him perfectly.
It's less likely to be happened that Nee Zealand will play final. I think Australia vs England or Australia vs India will be the final although in last match India played shit.

Everyone tend to under-estimate New Zealand. The same was the case in 2015, and they won the semifinal and became the runners-up. Their team composition is perfect for the English conditions. Their bowlers are well suited for the English grounds, and their batsmen have good a record in England. I expect them to reach the Semi finals at least, during this edition.
6956  Economy / Gambling discussion / Re: 2019 Cricket World Cup - Discussion & Analysis on: May 26, 2019, 10:31:09 AM
Will not affect much though. India will have a good journey since they have a balanced team with perfect bowling and batting.
Bangladesh is in good form too. I wouldn't be surprised if they beat India because they had a good series recently.

India is not a very balanced team. Look at their batting. In English conditions, apart from Kohli everyone else is going to struggle. And the spinners will struggle, as has happened in the past.
 
Bangladesh is not even a threat. IMO, there are only four teams capable of defeating India in CWC 2019. They are Australia, England, New Zealand and South Africa. Bangladesh still has a long way to go.
6957  Economy / Economics / Re: become rich by bitcoin. on: May 26, 2019, 07:25:21 AM
If the person wants to become rich then he needs lots of luck otherwise if you have lots of investment also it will not came to you again to be a higher profit the people who are becoming Rich by Bitcoin only possible in the year when the Bitcoin is started and developed at that time we invested then we will be the richest person right now but again it will not came out so it is not possible.

Luck is needed and there is no doubt regarding that. But at the same time, having a cool head and understanding the future potential is more important. Out of the tens of thousands of early adopters, check how many of them got rich as a result of Bitcoin. Only a few of them did. Others sold their coins long before the peak prices were achieved.
6958  Economy / Economics / Re: bitcoin goes down, no new rich people anymore on: May 26, 2019, 07:17:24 AM
I think in terms of investment or a loss trader it is a risk that not always the btc price will continue below, I take advantage if btc falls time to buy and hold until the price rises

I never recommend purchasing coins when the prices are going down. It should be done only when the prices stabilize. Else, what will you do in case the exchange rate continues to go down? In the end, you will become desperate and may be forced to sell your coins at a loss. IMO, the best thing to do when the prices go down is to remain calm and hold on to your coins.
6959  Economy / Economics / Re: bitcoin transactions costs in the future on: May 26, 2019, 07:12:25 AM

Right now, it costs around $3 to send Bitcoins. But as the number of users increase, this can also go up. If you remember, during the peak of the bitcoin bull run in 2017, we had fee ranging from $30 to $50 for a single transaction. The mining pools were making a killing back then. But the strategy backfired, as the users shifted to ETH, LTC and BCH.

number of users does not affect the transaction fees but its the demand or the increase of the price , thats what trully affect the transaction fees  . also , not all wallet/exchange have the same fees  . some have less inexpensive fee because they use low priority or slower speed processing while others dont like waiting so they use high fees   

If the number of users increase, then in all probability the number of transactions can also go up. And then, it depends on the exchange rate was well. The transaction fee may remain the same in terms of BTC. But its value in USD can go up if the prices rise. And I always use wallets where I can set the fee myself. If I think that the default fee is too high, I manually set it to a lower amount.
6960  Bitcoin / Bitcoin Discussion / Re: Bitcoin = Nerd money or not? on: May 26, 2019, 06:59:45 AM
Everyone that got 1BTC or more are already the coolest guys in the world.
And everyone should aim to get their hand of at least on BTC.

Most of the early adopters may be having that amount in their wallets. Even here in Bitcointalk, earlier it was much easier to earn Bitcoins. I read somewhere that the Primedice signature campaign used to pay as much as BTC2.400. But back then, the exchange rates were in three digits and no one thought that we will witness prices in excess of $20,000 per coin.
Pages: « 1 ... 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 [348] 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 ... 428 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!