Bitcoin's share of market cap will change direction and begin increasing continuously.
You have no evidence to prove your claims OP.  I don`t want bitcoin marketshare to increase because this will prove that a bubble is coming on the horizon. All the strong cryptocurrencies should grow.The pump&dump altcoins will crash and clear the market and this is something good. |
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I would say that every price under 500K USD is cheap,but that doesn`t matter. Bitcoin is still more like a store of value and a speculation asset,not a real currency,which means that there aren`t any new businesses who accept btc payments.Without mass adoption from the real industries,btc still looks like a speculation bubble made to make some easy money for the big whales. |
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I haven`t heard to word "steganography".I guess i won`t solve any riggles.  Solving riggles for btc is so much fun and better than all the boring bitcoin faucets. I didn`t knew anything about Coingate chanllenges before and now i`m motivated to join the contest and improve my knowledge about the blockchain and cryptography. |
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This is a decent youtube clip emphasizing positive aspects of capitalism. https://www.youtube.com/watch?v=_n6ivGgb9RYMore fuel for the discussion on capitalism fire. The main point alleged here is: " world poverty has fallen by 80% since 1970". They claim capitalism is the main driving force behind reduced levels of poverty over the past 5 or so decades, which in turn implies capitalism creates elevated living standards. You should promote this video to anti-capitalist "social justice" activists who hate capitalism ,but use computers and smartphones.  I don`t hate capitalism,i hate the bankster cartel of all central bankers,that are trying to ruin the markets and steal peoples savings with the negative interests policy. The demographic growth of the third world population keeps the poverty levels high.This is the main issue to focus on. |
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The "Demonitization" attempt to flush out undeclared wealth, has failed according to this article : http://www.bbc.com/news/world-asia-india-41100610The subsequent result of this was actually catastrophic for India's economy. A lot of people lost their jobs and the real estate sector look some huge knocks. In a proper regulated "Bitcoin" environment, people will find it difficult to hide their wealth. Yes, it is a problem in the unregulated environment, but it will be easier to monitor it within a regulated environment. ~~ What would your solution be, if you were confronted with this problem? ~~ Can Bitcoin regulation help to solve this problem? ~~ Should Bitcoin support governments in monitoring wealth and honesty in tax reporting? ~~ What will happen if Bitcoin is used to circumvent measures to hide wealth? ~~ Will full transparency destroy financial transparency? Share your thoughts on this matter please. I am curious to see how honest Bitcoin users can be with their views on this. Please don`t put the words "regulated" and "bitcoin" in one sentence.It`s horrible. I don`t know what exactly are you trying yo say with "regulated Bitcoin environment".What is this? The whole consept of bitcoin and cryptos is to create a "regulaiton free" environment,away from governments and banks.There are easier methods to find and catch people who are hiding their wealth. Demonitization is not one of them.The Indian government should increase VAT and decrease all the other taxes. |
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1. Do not remember electronic wallet password
2. Do not back up your wallet
3. Do not research new services
4. Buy and sell based on feelings
5. Leave your money in the electronic money floor
I don`t understand 5."leave your money in the electornic money floor."What is the meaning of this? Lucky for me ,i didn`t made any of these mistakes when i was a newbie. By the way,i don`t think that 4."Buy and sell based on feelings" is always a mistake.Sometimes the right decisions are made based on feelings.My decision to join to bitcoin community and get some bitcoins was based on feelings,not research. |
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I'm interested what evidence you have that "there is an "exodus" away from gold and stocks"? With gold at YTD highs back over $1300 and stock indices at all time highs, it would seem the opposite is true.
I've been an advocate of Bitcoin since 2013 and I truly believe that it has potential to go massively higher. However, it is ridiculous to suggest that it is a safe haven. It is a highly speculative investment that has the potential to give spectacular returns, but as always that comes with a high level of risk.
There might be some risk,but it`s decreasing more and more.I think that bitcoin is more stable and secure than before and not so speculative like some altcoins.Anyway,gold and stocks will always be here and there`s no need to find an exodus from them.I don`t think that gold and stocks are actually a part from the centralized financial system,because the bankers can`t control gold supply and the stocks markets. They are trying to manipulate some stocks ,but they aren`t always successfull. |
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How about a place where people get connected on chat to share instant answers and recommendations depending on one's area of interest? We've been exploring this idea and building tech for a while now and would love to hear your feedback/thoughts 🙏 Some more info. here - HelpTap Creating a Q&A website that uses cryptocurrencies or tokens is a really good idea.Other Q&A websites like Yahoo Answers,Quora and Webanswers had been very successfull and they get lots of targeted traffic from interested people.I`ve never seen a crypto related questions & answers platform and i might join a new one,if it has some good experts in some topics.It would be a great way to get new knowledge. |
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Hi Jace
Thanks for the welcome and the links, will check them out this afternoon. I have already made a decent profit by the way, just wished I had got in 2 years ago rather than 2 months, I am wanting to hold bitcoins going into the 2020's
I did say where I got my bitcoins after a good write up in the FT, but it has been removed, I don't want to put the name up again in case I get into trouble, but I would like to hear peoples opinions on them.
If you would like to hear peoples opinions about some cryptocurrency service or platform,then you should post in the "Service discussion" forum board.I`m the same like you.I wish i was into bitcoin back in 2014, when the price was only 200 USD.You say in the thread title that you were lucky.Where did you get your bitcoins? Did you win some bitcoin lottery? |
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If you don`t have good fraud click protection ,this network will be a failure. I`ve tried lots of bitcoin advertising networks and had no success. Maybe i should try your network,but you have to gain more advertisers. It would be great ,if you allow adult ads.I have experience in this niche. Good luck with this project,OP. |
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Litecoin has gone to $64 all the way from $5. Segwit helped it happen. Will things like support for lightning network significantly assist Bitcoin's price?
I think that the litecoin price increase has something to do with the atomic chain swap between litecoin and bitcoin.Is this related with Segwit?I don`t know.The lightning network will boost the bitcoin price in the short term because there are many investors who don`t understand the offchain transaction risks and they think that btc transactions will become faster and cheaper,which isn`t guaranteed. |
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I think about idea to create a blockchain where everybody will be able to mine a new bitcoins (or just altcoins of this project), by performing some action witch can be performed only by a human.. For example, some capcha solving etc. In case smb do this action he will get a coin for it. So the total issuance of the coins is unlimited, but creating a new requires doing work. So creates some value.
Bigars
Does anybody has some opinion about perspectives of my idea?
I thought that even captcha solving can be done by bots. Not every work creates value.Can you mention some examples of online work that creates value(other than captcha solving)?Most of the simple online micro-tasks can be automated. I have an idea about an altcoin with a fixed supply.There are around 1000000 coins in circulation and the supply increases every year with a fixed amount,let`s say 4% per day(and nobody can change this rule). If the demand for such coin increases more than the supply,the value should rise. |
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Hi,
currently there are on average 300 000 BTC transaction per day.
My question is : is it possible to keep 1 mb block (with technical solutions) while the transaction numbers per day increases to 1 million, 10 millions, 100 millions...?
thanks
There must be a way to delete all the small "spam" transactions.This might leave some free space for all the other normal transactions in the 1mb block.The other members think that the Lighning Network will be the ultimate solution,but i`m skeptical about these offchain transactions. Your question is already asked and answered before.It`s technically impossible to keep the 1mb block. That`s why most of the people here are waiting for Segwit. |
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The newly implemented atomic chain swap between btc and ltc means basically ltc = btc in terms of usage right? Anywhere that accept btc, I could just use ltc and it gets auto swapped to btc.
So I'm thinking since ltc=btc now, shouldn't ltc price actually become 25% of btc price given that ltc max cap is 4x of btc?
I don`t think that the atomic chain swap means exactly ltc=btc.It gets easier to trade ltc for btc,but that doesn`t mean that ltc becomes a part of bitcoin.Anyway,i think that litecoin and bitcoin might unite,sooner or later.The old altcoins like litecoin and dogecoin lose the competition against ethereum and thier supporters and miners might want to join the bitcoin community and start mining bitcoins.This might sound stupid,but it`s just my idea. |
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The U.S. Patent and Trademark Office has released nine more blockchain-related patent applications filed by Bank of America.
Data collected shows that the applications – which relate to conducting and settling transactions within a payment network – were all filed February 22. To date, Bank of America has filed more than 30 known patent applications related to the technology, including as many as 18 during 2016 alone.
Combined, the breadth of the applications suggests that work is being done on blockchain-based payment systems within Bank of America. At the same time, the bank has issued no definitive statements on the subject to date, and it's not clear whether any of the proposed inventions will see the light of day.
This is another way for banksters to try to "conquer" the blockchain,i guess. Let`s hope that they won`t be successfull and won`t be approved for patent. I think that patenting such technology won`t make the transactions cheaper,because the patent holder has to receive royalties for his invention.This is too far away from the original Satoshi Nakamoto`s consept about the blockchain. |
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What is astroturfing?I`ve never heard about this term.
Anyway,great investigation, man.We have to know who are the real bitcoin core enemies.
On the other side,i understand the mindset of all the bitcoin cash/altcoin supporters and btc core haters.
They are always trying to compromise bitcoin core in order to buy some cheap btc and resell them for profits.
Then they use those profits to fund their crypto project and pump their altcoins.
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Just wondering, Bitcoin started as a project to offer people freedom from bankster/government fiat and the banking system. Yet almost every single person involved in Bitcoin is using it to try to get more of that very thing Bitcoin was designed to 'get rid of'.
I never cared for Bitcoin as an investment vehicle, it's a tool that offers people financial freedom and independance.
Yes tell me again how stupid i was selling cheap and how bad i should feel, notice how i don't care.
Because for me Bitcoin was never about making more Dollars.
If none of the horrible things that are waiting for us in the future will ruin bitcoin, maybe the mindset of people just wanting Bitcoin to gain more fiat will be even more devastating.
This mindset seems to have been increasing for years now...
People don't even ask me anymore how it works or why it was invented, all they care about is how to make fiat with it. My answer is always the same... "Bitcoin is not a good investment for you, only invest in things you understand and believe in."
OK,i see your point.People want more bitcoins to make more fiat money and somehow this is wrong,but can you buy food with bitcoins?I wouldn`t convert any of my bitcoins into fiat if it was possible to buy food and pay the bills with BTC.All the bitcoin users have to convert their btc into fiat, in order to buy all the things they need.I hate trading btc for fiat,because there are too much transaction fees,but i have no choice. |
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I just read this somewhere from a site that is also introducing its own version of cryptocurrency and they claimed to be combining the best of both worlds...that of Bitcoin and Ethereum. Anyway, let's give them the needed good luck in the sea of cryptocurrencies we already have.
Bitcoin is a digital currency, invented by Satoshi Nakamoto in 2009, that is limited to just 21,000,000 units. As the price of bitcoin has risen, its use case has evolved from a currency into a store of value. It is no longer practical to use bitcoin to make every day purchases.
There are two points presented here. One is that Bitcoin has already evolved from being a currency into a store of value (maybe just like the physical gold) and two that Bitcoin is not anymore practical to be used for day to day purchases (maybe because it is very volatile and hence people are becoming speculators with its value). Any comment? I don`t remember the time when it was "practical" to use bitcoin "for day to day purchases".It never was. There aren`t thousands of merchants ,who accept bitcoin payments for regular goods and services.Right now ,we can use bitcoin for only two things-investing and gambling,and this is OK for me. I wish good luck to those altcoin creators.Perhaps they will create the best altcoin ever. Or maybe not.... |
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Yeah, thats it. I´m running my own and have some investors. For 30% of their profit they can use it. I´ve been doing analyzes and programming for about 8 months and then this: Meanwhile there are also free ones. Brutus from Starbit is famous. ( https://www.businessforhome.org/2017/05/starbit-launches-brutus-artificial-intelligence-to-trade-crypto-currencies/) Just wondering if it can be true, that you can just sign up and use it for fees or what ever... Sounds to good to be true right? Also the 100% win/win statement is just ridiculous! There can´t be an AI or human ever not making loose sometimes. Otherwise it would alo be able to predict random numbers. -.- And really never ever somebody tried it? I would never let some robot to trade with by coins.It doesn`t matter how good the AI is. In a marketplace the profit for someone is loss for someone else.It`s theoretically impossible for 100% of the traders to win and nobody to lose.What if all the traders use AI that claims incredible returns and profits? Nobody would lose,right?I don`t think so. |
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every bitcoin run-up was always climaxing into an insane spike before collapsing. i mean something like doubling within a few days time frame. eventhough 2017 has seen an incredible run-up, i still do not see any insane spike. be reminded that all the btc atm´s on the planet, all the new ways of conviniently purchasing btc via sercives (for example: all train ticket vending machines in switzerland), all the new customers of all the exchanges could lead to a proper spike when the fomo kicks in.
on the other hand, it is possible that the will be no MOAS this time around.
-maybe eth (and other alts) are "stealing" the spike
-maybe bitcoin price does not behave like it used to
-maybe leveraged trading, naked short selling and other advanced trading techniques have a dampening effect on a possible spike
what do you think?
If you want a real spike,there should be people and business owners,who would want to buy btc at x2 the current price.I don`t see a reason why would anyone buy BTC at such high price. The mother of all spikes will happen only if all the major banks and corporations start mass buying bitcoins. I don`t believe this is possible.The big whales still depend by the fiat currency markets. |
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