I would definitely pay my bills with bitcoin too but there isn't much bitcoin support where I live. I think that more services will arrive that will eliminate this problem so people can pay their bills with bitcoin and maybe with other crypto currencies.
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250,000 jobs? What are they smoking? That's probably more than there are active and regular users of Bitcoin itself. Even the biggest and bloatiest crypto companies like Coinbase can't be employing more a than a few tens, or maybe hundreds, of people. 250k jobs seems to be too much IMO. I would probably say it's around 10-20k jobs created in the bitcoin/crypto currency field. More jobs will be created in the future once bitcoin gets more popular.
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The bottom is more like in $150. The price will fall in the following days, you should just wait a couple day until the price hits bottom. The price is in downtrend at the moment and will probably go down.
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You can't just "print" bitcoins and grow the supply. Germany back then was printing notes like hell to finance the war of the kaiser. Bitcoin isn't anyway similar to this .
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better to destroy fiat and decrease inflation, thus making fiat stronger and as a consequence bitcoin also
bitcoin are too precious too be destroyed
Exactly bitcoin has a limited supply of 21 million coins which is really low. By burning coins juts cause a deflation to the bitcoin economy which isn't good at all. Burning coins would be helpful if the supply was inflated which is not the case here.
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what if bitcoin price crashed...due to any serious mistake or problem...can it still be recovered?
The bitcoin protocol is open source and stable, everyone can see of there is a bug or problem in the code. Even if there was a bug or problem it would be fixed by the bitcoin core developers. There is a huge support and trading volume for bitcoin to crash.
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For crowdfunding to be affective, you have to have a "crowd" who believe in the services and contributions you offer the community. The Bitcoin foundation has not made a lot of friends over the years and the "crowd" seems to be backing the Dev's and not the centralized management of the foundation. The latest allegations against them, seems to put oil on the fire.... and people wants them to go bankrupt. I see a future where "crowdfunding" would fund the salaries of the developers and the rest will have to fade away OR bigger business have to fund everything through donations and sponsorship. The crowd will probably just crowdfund the developers, darkwallet is getting crowdfunded constantly and other project will be crowdfunded by the bitcoin community. There won't be a place for the bitcoin foundation once the bitcoin community is sick and tired by their decisions.
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i will suggest gambline is just a waste of time play it just for fun not for earning..no martangle and any other stratagy will work
Playing against other humans (particularly in a low-rake environment) works. A combination of gambling and skill. It rewards patience, observation, logic, emotional stability, discipline, and aggression. Players who already have, or can cultivate those skills, consistently outperform their opponents. http://www.amazon.com/The-Theory-Poker-Professional-Teaches/dp/1880685000Yes but there isn't much profit to be earned by human vs human gambling games. Gambling operations with a house edge will always be more profitable and popular. P2P gambling platforms will be the feature of gambling bitcoin.
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shame though despite all the talking up bitcoin is very centralised How is it "very centralized"? The protocol itself is decentralized. Some people owning a lot of currency is a side effect of the free market. Everyone was free to get in at the beginning. Bitcoin is inherently decentralized, but the bitcoin ecomony is highly dependent on fiat currency, which is controlled by banks and the governments they own. That's why the reality is that bitcoin will be centralized until it breaks free of dependence on fiat, which means mainstream acceptance by merchants and consumers. Banks will soon or later realise that they can't fight bitcoin and will try to regulate it will laws and etc. But bitcoin will be an alternative to the financial institutions and banks or bitcoin and will banks will live together and each one will use the technology of the other one.
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How is it "very centralized"?
The protocol itself is decentralized. Some people owning a lot of currency is a side effect of the free market. Everyone was free to get in at the beginning.
But what about people who were unknown to it??? How can everyone be said free without the exposure done at a global level in order for everyone to get a fair chance to get in??? More people will hear about bitcoin and get interested in it . They will have a chance to buy in and have a piece of bitcoin economy, the distribution probably won't be fair since many early adopters hold huge amounts of bitcoins.
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As long as there is a supply and there is a demand for bitcoin there will always be a price and a trading volume. Bitcoin will grow in the future and the demand will rise and so will the price rise. But it's still too soon for bitcoin to not be used by anyone. After all it's a free market and not a regulated one
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Lots of big bear talkers here.
Who will take a $100 bet we do not see single digits by 2020.
I don't think that bitcoin will hit double digits by then. Many jobs/services/companies rely on the bitcoin price/protocol and they won't let it hit so low. I think by 2020 the price will be 3-4 digits big, but that is just speculation and nothing else.
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I don't think so, more bitcoin are dumped than bought each day, that causes a price drop. Many services like bitpay, coinbase etc sell HUGE bitcoin amounts each day to convert it to dollars and that causes a huge price drop since the buy support can't hold it.
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The price will still fall in the following days but it's not something really important. Just wait until the block halving in 2016 hits, either the price will skyrocket or the mining hash rate will be cut in half. Bitcoin crashed many times in the future but it did skyrocket many times as well. The bitcoin price is really interesting for speculation since it go up and down many times in the past and will probably do the same.
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If I had money that I could invest and didn't if I lost in the worst scenario, I would invest it right now on bitcoin. Bitcoin is an important tool for many services and applications and will be a really important tool in the future. So I would suggest you to invest in this period since the bitcoin price is falling and will probably fall in the following days. But don't forget, don't invest if you can't afford to lose it all. Good luck with the investment !
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Bitcoin needs to be adopted and implemented into popular services/apps/websites to get more popular. Bitcoin also lacks in marketing and advertising, more bitcoin advertisements will help bitcoin go mainstream. More applications and services will be powered with the bitcoin protocol . It just needs more time and you will see that bitcoin will get mainstream.
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Bitcoin won't die anytime soon, it has a stable trading volume and that is what matters. Many jobs/service/exchanges/companies etc rely on bitcoin but the price of bitcoin doesn't matter for them. Only mining farms and mining corporations are getting hit by this bitcoin price fall. The bitcoin price will stabilise once mass adoption arrives and more regulations come in place to protect consumers from bitcoin scams etc.
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Interesting service you offer, I really like graffiti as long as it is legal and not made on trains . Maybe post some videos or pictures of you work so you will be more trusted and get more offers. Good luck with the service though !
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0.001btc per week for a task like this is ridiculously low. Maybe 0.01-0.02 sound more reasonable for this kind of task.
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First time I see something like this offered for bitcoin. Although I don't smoke I'm really tempted to buy those wraps for bitcoin, please give feedback once you receive the good so we know how it is before we order stuff from the site.
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