I hope it will be available to philippines soon.
Currently bitcoin is only practical for buying things online that you can't buy with fiat. Not until community focuses more on payroll integration will this change. ~~
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People will forget/lose their wallet passwords. For some multisig wallets, some funds will never be released due to disagreements. Over time, the number of BTC in circulation will decrease because of these things. I don't want to use the word "risk" because this is more like an inevitability, but has a mitigation strategy been planned for this?
This is a good thing for the wider community because it increases scarcity. No plan needed.
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Yes. I think it's very possible we're on the verge of a Doge price rally. ~~
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Please put this thread in the correct sub-forum. This forum is becoming nearly unusable.
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Can we get some moderators to sort through this subforum? I think this is announcement or maybe even off-topic.
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after many years here on bitcointalk it make me realized it is useless and wasted so much precious times to posts and make opinion on internet. it is all about money talk. what i have learned is that a dead useless crab could be walking again if people have money to make it walk and i have no right to make any opinion about it. i think they're right, it their money. so now bitcoin price is high enough and this is what i have been waiting for. with some little profits it is time for me to move on. you all don't have to miss me i will coming back from time to time peace! Best of luck on your journey. May all your bitcoin dreams turn to Gold! ~~
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dude if people don't sell then you can never see the changes in price, the whole idea behind price changes which results in some profiting and some losing, this is the nature of any currency market in any corner of the world. and no one will ever listens to you or any body else.
Without some people selling, you also don't have volume. And you're right, matters not what we say. Traders gonna trade!
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After seeing this thread, I suddenly began to think of the future of WAVES. It will be better than bitcoin, to be sure, as a payment system. And if bitcoin has proven itself to be a better payment method than Western Union, why not WAVES will prove itself to be better than the most of the payment systems? There you go with my prediction now: Within the 4 year period after its launch, the WAVES platform will surpass all of the payment systems except for the most established top 4, when their daily volume is compared. That all depends on adoption, which is the point where a lot of cryptocurrencies choke. Exactly. Creating a cryptocurrency is much like making a film or writing a song. It's difficult to know which ones will gain traction and become a hit! ~~
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These ecosystems are currently developing spontaneously, being fueled by consumer demand. When demand occurs, supply appears.
Bitcoin is a respectful currency, but we are only beginning to see the sprouting of its protocol. These systems that you speak of that currently support bitcoin are compatible also with arriving currencies. It's not like each currency will need its own distinct ecosystem. A merchant does not have a separate POS device for each payment card.
We can get a glimpse of the future now by observing the ShapeShift project or the Litecoin integration at Coinbase. People by their very nature seek out diversity and choice. Moving forward, we're going to see new coins leveraging existing bitcoin infrastructure; again all driven by consumer demand.
Look at automobiles for example: There are many makes and models, yet they all use the same roads, the same petrol stations, have 4 wheels and a motor. Bitcoin is like the first automobile. And the infrastructure being built to support it, will also support the newly arriving makes and models.
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Hello i would like to ask if there's effect for the altcoin if the price of bitcoin is increasing? If the price of bitcoin is increase altcoin price should be decrease?
What do you think guys?
When there are rapid and drastic increases in the price of bitcoin, the altcoin markets generally follow, especially low volume markets. This is because altcoins are paired with BTC on the exchanges and priced relative to the bitcoin price. Therefore, unless market participates make adjustments in their market orders, the altcoin price moves higher along with the bitcoin price. ~~
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So, after mining stops, the price of Bitcoin will remain unstable? even if it depends on demand.
Mining might never stop, we can't predict the future. Bitcoin can and will be forked many times over the next 100 years. Most likely by that time bitcoin will be a much different organism. It's impossible to accurately speak about price.~~
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How can I collect altcoins whether its by mining or staking which are the best alt currencies for me to collect and make a daily income with ?
The Goldcoin community has an Open Workforce which pays a weekly salary plus bonuses. It's also probably the most undervalued coin on the market today. So you can join the workforce while also investing in the future. Here is link: https://www.gldtalk.org/index.php?topic=3186.0~~
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Should i sell my alt coins ? coz block halving is in just 29 days and i think if i sell all my coins now then i could be able to make some good profits after halving (fiat) am i wrong?
I agree with the above poster. It depends on which altcoins you're currently holding and your overall objectives. The world is big enough to support several cryptocurrencies. And when these currencies become commonplace, the values will be much higher than they are now. ~~
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What is the best way to respond to someone who is anti bitcoin?
Never met anyone that was anti bitcoin, but probably best to avoid this person. It's okay to introduce people to bitcoin, but haters gonna hate.
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There are innumerable ways to launch a cryptocurrency. The most vital ingredient is transparency.
When a currency is launched there are initial costs and fees associated with maintaining the network. So each evaluation must be made separately. There is no black and white.
Transparency, resilience, community, and kindness are the most vital ingredients in a sustainable currency.
~~
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I wonder what is the easiest explanation of Bitcoin that you can come up with? Bitcoin is an improved version of physical gold. It's like the old model only now you can send it through the internet. ~~
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isnt btc ready for mainstream yet?
Bitcoin is currently practical for value storage, speculation, and darkmarket purchases. It can't currently compete with traditional payment methods. FB, Snapchat, and Instagram understand that the demand is simply too small. In order for demand to exist, the consumer must have motivation to use bitcoin. Currently, there is no motivation for a consumer to exchange fiat to bitcoin so he can buy something he could have already bought with fiat. The solution is to put the cart behind the horse and to concentrate on payroll/wage integration. Consumer gets paid in bitcoin, consumer spends bitcoin. This is the path to mainstream adoption. Community must switch position of cart and horse, and focus on that which must come first. ~~
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You will all see the potential of Litecoin soon!
At one time I was skeptical about litecoin but that was when I thought Charlie Lee had abandoned the coin. Now that it's headed to Coinbase, I will have to walk back my previous statements. Litecoin is probably going to play a major role moving forward. I'd say $40 sometime during 2017 is not unreasonable. ~~ https://twitter.com/SatoshiLite/status/733531564852699136
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