The show talks about the price of Bitcoin being $5000. By the time they shot the episode and it airs, I think the price might be $10,000. The fact that mainstream sitcoms are devoting entire episodes to Bitcoin talks a lot about how Bitcoin has captured the imagination of the general public.
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Will BTC Hit The 10K Mark Before 2018? I vote yes! Let me know what you guys think. I have the same poll running on our Twitter. It would be great if you also leave your vote there. More votes = better price prediction! Twitter Poll: https://twitter.com/BCCgroupREF/status/934458459537444864A lot of people believe that this could happen. Ronnie Moas is one analyst who has predicted that it could easily cross $10k. A lot depends on how the launch of bitcoin futures by CME goes. It is slated to happen next month, and if it attracts a lot of institutional investors, we could easily cross $10k this year.
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India on the other hand is playing undoubtedly awesome. This test match they are going to win it seems. I think 250-300 runs would be enough tough for a chase by Lankans, less than 200 would be not tough for Lankans I believe. Mr. Pujara from India is doing great. 150 is coming I believe tomorrow from his batting.
India does have plenty of time to build a good total and with Rahane and Rohit yet to come they are in a really good position to get to a really big score as Pujara and Kohli are playing a good innings and i expect a big innings from Kohli so that India could dominate Srilanka in every aspect and could win the match quite easily. It is just the second day and India already have a lead of 100 runs. Time is definitely not a constraint here. Looking at past history, India could win this match with a day to spare. It will be interesting to see when Kohli declares India's first innings tomorrow. Most people expect him to go on and get a big score, not just win the match for India.
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Currently individual governments lack the authority and power to act against a currency that is DECENTRALIZED as bitcoin but as we already know the decisions they can make regarding its management reflects a great impact on the bitcoin market as it happened in China through a mixture of government legislation and the blocking of popular foreign websites by Chinese Internet service providers. The Chinese government has tried to limit the Chinese, instead of being able to enjoy the entire global network. So if a government decides to make illegal trade or possession of Bitcoins, the demand would plummet and all the exchanges in that country would also be closed and the purchase / sale of Bitcoin would be difficult and risky. This could suffocate Bitcoin in that country.
A few governments have already done this. China has banned bitcoin trading on exchanges, not Bitcoin. Most countries are leaving it in a grey area, preferring to bring in legislation once it is really required. Governments may not have the ability to enforce a bitcoin ban, but they may still go ahead and ban it. If enough law abiding citizens decide to avoid bitcoin, then it will be pushed to the fringes.
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I don't know, it seems like Conte overestimated Liverpool today, or maybe he doesn't want to compete for the league title anymore because honestly, I think this is a bad result for Chelsea.
Chelsea should count themselves lucky that they managed to get in a (very) late equalizer. Willian was a substitute and he manged to get in a goal at the 85th minute. Liverpool might be two places behind Chelsea in the league tables, but that really doesn't matter. Mohamed Salah would be disappointed - his goal could have resulted in a victory against his former club, but Willian managed an equaliser.
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Here’s the data in another format, which shows how “Out of circulation” bitcoins—those mined 2-7 years ago and belonging to long-time investors known as “hodlers”—and those from the early days of bitcoin in 2009 and 2010 account for the vast majority of the lost coins: I would take this study with a pinch of salt. The holders coins, which account for a significant chunk, may be just that - held in cold storage. They may re-enter circulation at any point in time. It is not just the price which determines when a 'held' bitcoin will be sold, it is also the individual's circumstances. Assuming that 50% of such coins are lost is an extreme assumption.
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Hahaha this is crazy, have you ever noticed that a lot of people are laundering money through those paintings? I heard about a painting from a unknown person who was valued on 2 million dollars, it was created by someone who was a normal person like you, and me. But there are some organizations who are entire dedicated to try to launder money by this way, i doubt that this case is one of those, but it is pretty weird to see that they are putting a price of 592 millions just for a painting.
If this painting is bought with "dirty money" ,the people who run the auction should be aware and should stop the transaction and call the police.What kind of ridiculous investment is this?Buying some overvalued painting and waiting for it`s price to go up.If some painting could cost that much,all the people that say "bitcoin is nothing,how can bitcoin cost 7000 USD?" have to shut up. By the way,i think that the "Speculation" board is not the right place to post this thread. QE money = "dirty money" its worse than money laundering, its value stealing. The fun part is that they cannot do this for ever. Eventually inflation will return and the central banks will start panicking. They will raise interest rates and try to regain control. But with independent virtual currencies circulating, there is only so much they can do.
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is there an airdrop coming? when yes, when? thanks.
Please read the first page. Next airdrop in March 2018. Next airdrop proposed to be in March 2018. Since it is dependent on the effectiveness of the other methods of distribution which are being planned, I strongly suspect that the airdrop might be cancelled. This wouldn't be a bad thing for byteball holders.
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Bitcoin is slow , has high fees ... ? where are new upgrades ? When you look waves , eth , ltc , bitshares so bitcoin seems outdated against all these alts. When you look at all this upgrades and look at bitcoin so it seems like development is dead ... can someone explain me why btc can't have some new upgrades for faster blockchain or something like that ?
When you think of these issues and look at Bitcoi's market cap, do you think it is overvalued? It is not, because it is the network with the highest hashing capacity backing it and it has the most number of users.
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Nice to see Byteball on CoinSpot This is important. Most of the volumes until now were on Bittrex. If you were uncomfortable using Bittrex as an exchange, then you had almost no means to buy GBs, Additional exchanges supporting Byteball is important to improve liquidity.
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It seems that there have been a lot of people complaining about Bitfinex. It seems that Bitfinex has been using Theters to pump Bitcoin price. Now a lot of people is shouting this might be the next MTGOX.
What is your opinion on this one?
We should be very, very worried about its impact on the entire Bitcoin ecosystem. Nobody should be foolish enough to leave their coins on any exchange, least of all BItfinex. But Bitfinex collapse would affect everybody, not just Bitfinex customers.
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Looks like tether is having some big problems right now, just look at their atm's price, each ether is worth $0,98 each one, it is very shady because it was supposed that one ethere was going to be exactly what a dollar is worth. What is going to happen when it reaches a higher marketcap than now? it is going to be more than one dollar or it is just fake? i have been reading this since yesterday and it is very strange because it was supposed to be one dollar each, just like i said before.
98c is not such a big discount. Tether has always traded at +- 1c, even when there was belief that it could be redeemed for $. When this belief goes, you will see the bottom knocked off tether. The collapse will actually hurt Bitcoin as well. Unless Tether's assets are audited, people should just refuse to accept tethers.
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Are there any thresholds for such reporting. Just converting cryptocurrencies into fiat (say by an individual on local bitcoins) shouldn't trigger any reporting requirements. This should be restricted to large exchanges who deal with a lot of customers.
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In my opinion it is not logical. I believe that the political situation in Zimbabwe may have an impact on the price of bitcoin in the country but that there was such a difference in price I don't believe. With such a difference in price traders already would have pulled out of Zimbabwe dollars. For those who do not know say that the currency Zimbabwe uses US dollars. So I don't think what they are experiencing large financial problems even during the coup.
It is quite logical as the ministers want to exploit you by inflating your money away. That would be true in most countries, but not Zimbabwe. In Zimbabwe, they don't have a currency of their own for the ministers to exploit you. They use US dollars. In Zimbabwe's case, I think the military is trying to establish control over all matters, including monetary policy.
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I've been doing a lot of thinking lately about Bitcoin and its future. It has gone up a lot since I first started learning and following it in 2012... from $10 each to $8000 each, or +80000%. I've been wondering if it is simply a bubble. Such performance from a commodity is indeed unheard of, and based on just that alone certainly seems unsustainable. After much research and thought, I have decided that it is not a bubble, and I have even been putting my money where my mouth is by buying fractions of a Bitcoin with each weekly paycheck since March. Let me describe my thought process as succinctly as possible (bear with me… lol).
More here: https://www.decentralized.tech/blogs/speculation-bitcoin-will-be-worth-100k-in-under-5-years-and-eventually-over-375kThis is outlandish, but it could come true. There will be a lot of millionaires right here in this forum if this happens. The big threat I see is the government stepping in to curb its use. Bitcoin would have to be the dominant currency on this world for this to happen, and the government may not sit back and allow it.
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I don't like it at all coz for me it's kinda obvious that all that pump and stuff was to dump BTC's price and buy it for a cheaper price and then start the BTC rally again.
Why do you blame Bitcoin Cash for Bitcoin's price decline? If anything, you got an opportunity for some cheap bitcoins. There are people with different thoughts - respect them.
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Link to tweet: https://twitter.com/petertoddbtc/status/931547098625052672 Scrolling through the thread, there is a lot of good info. Topics such as block size and centralization crop up. Definitely recommended content. I never got involved with the specifics of segwit2x to know how good or bad it is. Awhile ago there was a bug in Bitcoin Unlimited that killed nodes which seems to parallel this bug in segwit. History is repeating itself. A precedent may be forming where those involved with bitcoin unlimited, segwit2x and perhaps bitcoin cash are prone towards doing these types of things. Segwit2X hasn't failed. The launch of Segwit2X has been postponed. I don't think you have heard the last of the scaling debate. The backers of Segwit2X didn't want the community to be sharply divided over its launch.
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I want to know should I go to buy for the bitcoin right now? Should I need to wait some more time?
You have probably missed the bus, as far as the current rally goes. A lot of people are calling it a bubble and a retrace does look likely. However, if your horizon is long-term (5 years or more), then you can still venture out and buy Bitcoin at these prices. Invest only what you can afford to lose.
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Global credit card giant Visa has rolled out the first, pilot phase of its blockchain-based business-to-business payments service, B2B Connect. First announced last year, Visa plans to use the platform to ease cross-border payments by facilitating direct payments between institutions, cutting out the middleman the industry currently relies on. The platform – developed with the assistance of blockchain startup Chain – is also designed to ensure secure, yet transparent payments between enterprises.
If the application of Blockchain cuts out the middle man, what is Visa doing here? In this case, I suspect that blockchain is just used to improve efficiency and increase Visa's margins. They establishment is trying to co-opt blockchain here.
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Check out Propthereum.io. They are an asset backed cryptocurrency on the blockchain expecting a 1566% coin appreciation in a short period of time. All proceeds raised from their ICO will be used to purchase A-grade property worldwide. This property will generate a rental income and underlying value for the PTC token holder. The great thing about this concept, and the thing that pushed me to invest, is that the coin will always increase in value. They launch November 20th so check out their website and give their whitepaper a read.
When the Company talks about such a precise appreciation - 1566%, you know that this is a red flag. Why do they need to raise funds through an ICO? Can't they do a regular equity offering?
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