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That`s why we need more big companies to adopt bitcoin payments.Bitcoin remains only as "digital gold" and people buy it just to wait and sell it later for profit.If this situation remains,i`m sure 90% of the CFO will soon call bitcoin a "bubble",and they will be right.The mass btc adoption we all are waiting for just can`t happen.Something is stopping the process-price volatility,slow confirmaiton time,hard forks...
I don`t know how the bitcoin community will solve this issue.The miners don`t care about this.They care only about their revenue.
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 Ok i have spent the day learning mining via youtube videos and dinking around. I have set up a wallet and NiceHash 2.0.1.4. my video card is a gtx 1060 and I am currently mining equihash at 300 /HS. So thats about 1.45 bucks per day. What would you recommend I do to make this profitable? add more video cards? 2nd question. How exactly do block rewards work. does your mining pc just add it automatically if you solve a problem?  thanks Have you included electricity costs in your "proft from mining" calculation?If no,1.45 USD per day is a waste of time.I think that the block rewards depend of the mining pool that you joined.I don`t have experience mining altcoins and i don`t wanna waste my time and money investing in mining hardware. Good luck with mining,OP. |
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The number of transactions increased ,the bitcoin price increased as well so it`s normal for the transaction fees to increase.Anyway,this chart doesn`t explain anything.What is this 68 USD cost per transaction? Is this the cost to send 1 bitcoin to some other address for a set amount of confirmation time? If yes,then 70$ is less then one 1% of the bitcoin price,which is quite normal. |
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How can luxury yacht sales and rentals sector (renters, owners, etc) benefit from blockchain and be tokenized?
Tax-wise? Commission-wise, etc
It can`t and there`s no need to be tokenized.This is a relatively small market with very few rich buyers and sellers.There`s no need to use the blockchain to organize and store information about the traders and yachts. Anyway,i would be happy if they start to buy,sell and rent yachts using bitcoin or some other cryptocurrency. This will spread positive news about cryptocurrencies around the rich elite,which means more "big whales" in the crypto-market. |
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I`m happy that i don`t live in the USA.US taxes are insane.
I`m sure tha there is a "legal" way to avoid this capital gain taxation.Perhaps by registering a company in some offshore island with low taxation.Maybe you could "cancel" your US sitizenship and become sitizen of some other country.If there were such capital gain taxes in my country(i live in the EU) i would hold my cryptocurrencies forever and refuse to sell them for fiat money.
Maybe i would wait for more merchants to accept bitcoin and start buying goods and services directly with btc.
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There`s no proof,just a bunch or posts from newbie users.
Poor people can`t pump the bitcoin price that much.The real forces that pump the bitcoin price are coming from the big whales ,who buy large amounts of btc and also hold large amounts to limit the market supply of btc.The other big force behind nowadays bitcoin price is the massive cryptocurrency/bitcoin gambling industry.There are lot`s of newbies mwho believe that bitcoin is a goldmine for "easy money",but that doesn`t mean that btc is get rich quick scheme.
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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-375kThe fact that bitcoin price has such a massive growth doesn`t mean that it will continue with the same amount after 5 years.We are flying under the radars of the central banks and governments.They still don`t see bitcoin and the blockchain as a threat.If btc hit 100K USD,all the banks and governments will start to scream "THIS IS A BUBBLE,SELL!" and they will ban ,or atleast try to control and regulate the bitcoin marketplace. |
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I am guilty of trying to get involved in bitcoin too fast. I placed an order and sent BTC to aceminer.com thinking I finally found a place that is selling the S9 for only a little over the bitmain price. WRONG! I am out $2k and have no other option to deal with my loss besides posting here help someone else avoid the mistake. I am kicking myself for an expensive lesson learned. I can see the address I sent my funds to is receiving money in the same rough increments about 1-2/hr.
This is unbelievable and disappointing in myself and others that go to his effort to steal!
Hope someone will avoid the mistake I just made.
When did you sent the btc and have you contacted aceminer customer support(if there`s any customer support)?I still can`t believe this.How is it possible people to sent 2000 USD worth of bitcoins to some unreliable online business without any good reputation and expect a result other than being scammed. Perhaps you won`t get your bitcoins back,but you should call the police and try to catch the scammer. Scammers always leave a digital blueprint and there`s always a chance to reveal their real identity. |
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now we classify BTC & BCH BCH is only bubble which can crash soon and not like bitcoin 2x can give positive effect to bitcoin because ti will encought people to invest in bitcoin BCH already crashed and it won`t recover soon.The Segwit2x positive effect is over.There was a btc price bubble before November 16 ,because the people were buying bitcoins to get free B2X coins from the hard fork.The fork was cancelled and they started panic selling.Theres no other way that Segwit2x could encourage people to invest.In his analysis,the OP says that there is a competitive relatioship between BTC and BCH.This is wrong.I don`t see any relationship in my technical analysis. |
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As by seeing the usage graph and profiting graph i can easily assume that in next decade of 2020 people will mainly relay on bitcoin and the main thing to survive in the next era will be bitcoin and it will be frequently used by everyone and that will help many regions to boost their economy as well so hope for the best, many people are eagerly waiting for the btc system to be implemented.
I wouldn`t say that it will be the "bitcoin" era for sure.It might be the "crypto era" or "blockchain era". Bitcoin might hit 100000 USD,or might be destroyed by the governments.Cryptocurrencies might become the new "offshore world" and replace all the small island countires with very low taxation.If this happens,the politics around the world will keep their dirty money by buying cryptocurrencies and they will be afraid to ban bitcoin and the altcoins. |
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Every new blockchain project has the ambition to "change the world" but no project has achieved this goal so far.I`m not impressed by any of these projects and i can`t see anything revolutionary.It`s the same old idea about "blockchain banking" or the other old idea for "tokenizing" real assets.I think that creating more and more altcoins and tokens makes the cryptocurrency jungle even more confusing for the "average Joe".
We should keep things simple so more people could understand the project consepts and join.
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how many bitcoin ATMS in your city/town  do you think it is easy to exchange bitcoin to cash in your Area There are zero bitcoin ATMs in my city.I live in a small city with around 8000 citizens and bitcoin isn`t very popular.I don`t think that there is a need to exchange bitcoin for cash.It will be great if the exisitng POC terminals or ATMs are updated to accept bitcoin+fiat debit/credit cards.This is more efficient,rather than creating only bitcoin related ATMs. |
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Hello everyone,
I wondered if anyone knew a way of withdrawing a large amount of money from BTC to a UK bank account? Anyone used BitPanda?
I don't trust Coinbase as I have had problems before and their customer support seems non existent.
Thanks
I`ve never used Bitpanda.I always use Localbitcoins.com to sell my bitcoins for fiat money and i never had any issues with them.Coinbase customer supports replies on time.I`ve talked with them several times. Sometimes they are responding quite slow.It`s better to use a big and trusted comapny like Coinbase,rather than a small service without customer reviews. |
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You didn`t post any proofs about your earnings/holdings,OP.If you really have earned 700$ for 2 months only with your online skills and with cryptocurrencies,this is awesome.It`s very risky to hold all your savings into one altcoin.Maybe it will be better to diversify the risk,by buying other altcoins and btc as soon as possible.
I have around 880 USD worth in bitcoins,365 USD in my paypal and around 300 USD in various tokens and earned them for about one year.I guess i`m not that good as you are.
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Thanks that you shared what we already know,OP.I`m glad that there won`t be any hard fork untill the end of the year and the bullish trend will continue.I believe that this is a stable price increase and not a speculation bubble.There`s no need to share invalid images,OP.We can check the charts without your help. |
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What do you think cryotocurrencies will do the current economical environment we have today? Tokenization is a way to digitalise assets, and this might force us to rethink value, as it is perceived today.
What is your opinion on this?
Tokens are just digital "stocks" that aren`t regulated by any administration (sooner or later this will have to change).There`s no need to "rethink" value.The consept of value is the same from 1000 years and it doesn`t matter if it`d virtual goods or physical goods or services. Cryptocurrencies are changing the economy,not the economic theory. |
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He wants to launch an ICO to rise money just to pay his creditors?
This is not an investment,it`s more like charity.I think that Mark Karpeles is a victim of his own dream to be a crypto millioniare again.He just have to leave the crypto world and find some ordinary "nine to five" job.
The MT GOX brand is a part of bitcoin`s history.
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•Websites a miner use to earn money? Iam not a miner but Iam interested in this mining. I just want to ask if: •if you mine we should use a website  •If we mine using the website you pick what is the catch hiw do the website earn? •I really want to clarify this we mine their given bitcoins or atlcoins what should they earn in return? OP,you should learn more english.I don`t understand the point of your questions. Website mining is pointless and it`s a waste of time.I tried to mine altcoins with the Minergate browser mining feature and it doesn`t work.I think that they even removed that feature.You just have to install a mining software on your PC,or buy mining hardware.Some websites like thepiratebay use your computer power without your permission(when your visit those websites) and mine monero.This is illegal and that`s why i don`t use torrent websites anymore. |
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What have you bought with Bitcoin? Is it easy? And how can I do it right?
To "do it right" you have to use an trusted escrow and trade only with merchants with lots of positive reviews from previous customers.This year,i have bought a money making method from a forum seller here,in the "Digital goods" forum board.I paid 31 USD in bitcoins and i wasn`t very happy with what i got,but now i don`t care that much.Right now i don`t buy anything with my bitcoins,i just hold them and wait for a 10 000 USD price around Christmass. |
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I’m curious about this method but I’m not finding a clear explanation, along with tips or strategies that are known to work. My goal is to increase my BTC holdings with minimal risk.
Others may find this post useful as well. Can someone explain arbitrage? Thanks.
The main consept of arbitrage is to make profit from the price differentials in different markets. For example.If one asset has a price of around 100 USD in USA,but the same asset has a price of around 120 USD in Japan,you could buy the asset in USA and sell it in Japan.I think that market arbitrage is available only for the big international corporations, who operate in all the big markets(USA,EU,Japan,China). I don`t think that conducting arbitrage is possible for a person with small savings and the cryptocurrency exchange platform fees can cut most of your profits,if you try to execute market arbitrage. |
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