I would love it for this to happen but I see this year as a repeat of 2012...let's blowoff some steam, consolidate, and 2015 will be the next rally.
Given how slow things have been lately, I could see it going this way. I think it mostly depends on when the next big investor opportunity occurs, whether it be an ETF launching or a large market opening up (Russia?). U think it will be in Russia? Man i think more like on some country that we least expect. Maybe some south american country or some other europe country, for price more likely end of year or first quarter of next. I only see a country like Iceland getting away with it, I just hope they don't dump as it happened with AUR, but of course that was basically free money, and when in need people will want the quick benefits. |
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When ebay takes bitcoin then my friends we going moons
Once again, that sort of news is good in spreading the word about bitcoin and slowly increasing trend, but the price wont be majorly affected even then. What merchants do is use payment processor to recieve btc and instantly sell it on market price. In terms of price it means nothing much, just one step up, and one step down. True, but it means insane mainstream exposition, everyone and his mother uses ebay, they will see this "pay with bitcoin button", this will lead to learn about bitcoin and the great benefits, they will also learn about how the supply is irremediably shrinking and will only increase in price, this leads to new coins being bought and not being dumped at market price constantly. This at a worldwide scale means price goes higher. |
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Ok so no bullshitting now, let's talk about the implications of ebay accepting Bitcoin. How would they deal with the fees? Like how would they benefit, given fee's are minimal to basically non existant with Bitcoin? They are right now making a killing with paypal, so.. from where would the benefits come for them if they accept Bitcoin?
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I can't wait to look at current threads about Bitcoin price predictions 5 years from now. So far every single thread understimated Bitcoin in one way or another. The trend doesn't seem to stop any time soon.
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Lol at the comedy algorithm.
Well going back on top a bit, for these that do agree with that Microsoft chart and are making analogy to it saying we are about 5 years in on that graph... but really, how do you know? Like the blockchain is compromised and everyone abandons BTC, or it gets superseded by a superior coin with better anonymous features... stuff like that. How are you guys so sure and calm sleeping millions of dollars (for these that do have a lot of BTC, not me... I can wait) while these could happen?
I'll try to answer. The blockchain is pretty much unhackable. It's been tried many times and on more than a few occasions all sorts of bo0th white hat and black hat hackers have tried. Nobody has so far succeeded. If quantum computers become a reality.. which is looking ever further away - this MAY change. 2nd. Because bitcoin is 'programmable' it can adopt a new feature if the Devs write it into the code.. and people adopt the new wallet. Oh, and something called network effect. Could it mimic technology as seen on some of the Cryptonite coins such as XMR? Im talking ring signatures for instance. |
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Is anyone else a XMR holder? I support both coins but I still don't have my mind clear as to what is the one that will win the anonymous supremacy battle.
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Im interested in the Moolah IPO. Has it finished forever? I remember you could send a certain BTC then get paid a % monthly, but they refused my donation for some reason and I was kept out of the "cake" so to speak.
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Is this coin supported by the whirlpool forum (community) in any shape or form? I think if that isn't the case you should contact the people on here as it would serve for extra advertisement.
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Has the wallet been tested for viruses and so on? Im extremely paranoid these days about altcoin software. More and more malicious code is being injected into these .
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Haven't read the entire thread but, as far as I can remember Zerocoin needed that you thrust a 3rd party to destroy the master key file which allows access to the entire blockchain thus allowing whoever has this to double spend indefinitely *without anyone ever finding out*, or something along the lines. This is why i've been big upping Monero and not any other of the anonymous alternatives i've seen thus far.
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1. One person/entity can have multiple buy/sell orders at the same time?
Yes, you can have as much orders as you want at the same time AFAIK in most exchanges.
2. there are fake buy and sell walls, just to move the price to some direction, without actual want to buy or sell?
Yes, you can put up walls then delete them at will.
3. there are no fees/provision on setting the order?
No fees there in most exchanges.
Bitcoin is unregulated, if adoption continues the price WILL have to keep going higher, it's just math.
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There are people in Bitcoin with enough power to start their own internet by putting satelites in the space. I think if they care about Bitcoin they should start putting up this internet already, ideally for free. Free worldwide internet, now tell me how the fuck would Bitcoin fail there. In a way they are making a huge investment by doing this. Just an idea for the Bitcoin billonaires out there.
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I wonder what the implications of another world crash would be for Bitcoin. Will this put Bitcoin in the big mainstream light for once? Will the price sky rocket as people in fear put their savings there before their local banks froze their accounts? Will the price crash in fear the price will go down as fiat goes down as well?
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What still baffles me is that although many Governments has been giving away welfare aids to people below a certain income level, this does not help solve poverty at all.
Poor people can now fulfill their basic needs, but they have now become dependent on the Govt to give them the necessary resources for life. I think this is a gross misallocation of resources which could have been put to better use to create jobs instead of making poor people dependent.
It doesn't take a genius to figure out that this solution is only beneficial in the short run so why is it still being done?
In Denmark less than half the population works. Half their income is taken from them before it even hits their bank accounts and redistributed to those who do not work. It's even worse than that since government employed get their saleries from taxes, and that sector is ever-growing. Think how it would be if there were no welfare checks. Taxes could be low, maybe 15% instead of 50, wages would go down while actual buying power would go up due to less taxation. Everyone who works would be wealthier, and more people would work out of necessity so the country would be more productive. The only downside is that people who can't or won't work would be worse off, but there is no perfect system. It's really a matter of, do we want a functioning country where the majority benefits or do we want 0% of the population to live in the street? In Spain, the welfare system is so fucked up that you have to be half crippled to get something, and even those with legitimate minusvalies are having problems getting their deserved monthly paychecks, what this means is even if these that may be just lazy (and we could discuss if lazy is just a word to describe a legitimate biological problem that really makes working for you hell) aren't getting a single penny from welfare, you don't see any improvement or people being successful as entrepeneurs. In my observations the only thing i've gathered is poverty attracts more poverty and success stories aren't the norm. Similarly, money attracts money, this is why people who inherit can keep on building more and more of it wasting almost no energy. |
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Well, I think neither of capitalism or socialism can be ultimate solution to poverty.. Firstly, we need to expel the fact that poverty can be eradicated.. I guess poverty can never be removed..
People say that Capitalism emphasis on superiority, and thus creates inequality in the society.. True but then it is also inspires one to improve..
Which are today's greatest nations? US, China, France, England, Rome, Greece, and the list goes on and on.. And then these are not only the greatest nations, but they also have the wealthiest population also.. Is there anything common to them? Simply, Capitalism !!
What the hell did i just read?! Greece is among greatest nations right now? Capitalism is bringing fascism in Greece right now in levels noone saw for like 70 years. People are working for 480 euro while having serious university degrees and know 2 foreign languages while their benefits and health system is getting chooped by the day. (Did you know that many work without pay just to get experience) But of course in Europe the media celebrate the progress with 27% unemployment and doubling suicide rates. Meanwhile the free market in greece gives state assets to billionaires for less than peanuts... Noone is inspired to improve. 10% of Greeks have been inspired to go stab minorities, pick abortions over births, suicide, start doing drugs and leave the country. If this is what you mean improvement then okay. Ah and its not going to be something temporal. There are no plans for fixing this for the next 10 year at least... Legit my friend, as someone living in spain I can relate, and you can relate to me because we are living the system rot to hell IRL, daily. Most people that say "just go out and put yourself out there, get a job" etc, just don't get it. You have to be on a dead end to trully get how fucked up this thing is. Im getting half of my monthly income from advertisement campaings with Bitcoin, this is how fucked up things are. When Stunna starts cutting payments im literally dead lol. |
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Neighter...
The sloution to end povrety is a Ressource based economy. We are one on a spaceship, profit and endless growth economy is not sustainable.. lookup RBE and learn about it. Imo, its THE solution to a healtier and better life for everyone aboard spaceship earth.
But how do you get from here to there? That's is the question that tuned me into Bitcoin. This may be an important part of the transition. I agree with this. I also see Bitcoin as a part of a transition to a RBE, when we no longer need to trade, a fully open source society. Of course this seems so distant to me right now, I don't see such thing happening in my lifetime and im not 30 yet, so there. I do see something like Bitcoin starting a big revolution in economy and disrupting this rotting enviorment. God knows what and how will happen next and to what extent. |
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Governments can do nothing except exacerbate the problem, usually by equalizing the pain shared.
In a free economy, all economic actors can improve there lives thru serving other humans (work) and either saving or spending their just reward(money). Poor people will be around though, either because of unfortunate circumstances which are a part of life and can be mitigated in several LOCAL ways, or they choose to remain poor.
Let's say it's true and one can improve there lives thru serving other humans (work). But: Why would these that aren't as genetically gifted to learn the skills that are best paid (because sometimes hard work is just not enough) deserve a worse life quality (less money) than these that are genetically gifted to do everything right without being a constant struggle forcing your brain to do so? |
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I still don't get it how the fuck did they get the private keys of those coins?! It's pretty default to encrypt the private keys! Why would Ross give them the password? Does not compute.
keylogger. Even if you are being sure of you not having a keylogger, I think it's still a good idea to use virtual keyboards, I do that, and I admit that i feel a little bit extra paranoid doing so, but also extra safe. And thats being a poorfag, if I was a super rich dude, I just don't get how these guys aren't keeping their shit on offline computers for starters. |
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i just sold all mine and reinvested in stamps  Sold all and waiting for correction. Learning to hodl takes experience.  Some of us have had to learn the hard way and have gained wisdom from the pain of waiting for "corrections" that never did come. But perhaps you will be lucky? Indeed good luck but Bitcoin is now a long-term investment, just be patient, my advice: if your balls and experience with speculation are sizable go to the Altcoins market $_$ just do not use mintpal, has been hacked  Still waiting for correction. Will see who has the last laugh. Careful, corporate adoption will quickly lead to consumer legitimisation of btc. Reading the ignorant comments below any btc article shows there is a lot farther for bitcoin to travel Yes. And good news such as DELL accepting bitcoin did not raise the price up. Imagine a negative news come out right now, I can see the price correct at least 10%. i dont see the point buying stuff with bitcoins. its just stupid to buy a computer that will last couple of years whilst one would be better off hodling bitcoins for that same timeframe. Indeed, thats what I also thought, and this is as well a reocurring argument against Bitcoin, as in, people will just hoard it and keep using FIAT for exchange of goods, they are treating Bitcoin as gold, when it is supossed to be a currency, so this seems like a problem to me in terms of developing a legitimate currency. |
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