So it dropped from 250 to 170 then bounced back to 250 before settling lower.
What caused it to bounce to 250?
It was probably some whale having fun with the sell orders or someone fucked up and wanted to say 270. In any case, any moron would know 170 is cheap coins so it got insta bought.
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Do you still believe a bottom of 100 USD could happen spring? That's pretty depressing for my portfolio. Im too scared to sell my hard earned BTC in hopes you are right to double my money at best.
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You need first to hire a coder if you have no idea how to set the infrastructure yourself. Then you need to think if you are going to be doing crypto->crypto or fiat->crypto as well. If you do fiat->crypto be ready to study a lot of laws, but ideally host it in some island to bypass all the shitty regulations. Go on the marketplace section or in the development section for more help.
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Satoshi didn't invent Bitcoin with anything particularly in mind in terms of usage, you could use it like a stock, like gold, or like a coin to buy whatever the f*** you want.
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You don't really need a monopoly to become rich, you just need the right product which may be of mediocre quality, but if the marketing is on point people will buy any shit these days. I still believe marketing is king at the end of the day.
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All this bad blood is making me want to keep away from the bitcoin scene for a while. Maybe go out and breathe the fresh air. Maybe this was what I needed to stay away from the BTC addiction.
Taking a break specially during summer is definitely needed to not become insane with so many news. But you can't simply disappear for a long time or the guys with the evil agenda will destroy Bitcoin with their trojanhorses (and who knows if XT is exactly this). Honestly I dont know what to believe at this point.
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In a perfect world we could have infinitesimally small transactions being transacted in-chain but I dont think this is viable long term, so LN may be a solid solution for this. maybe in the future we can have everything on the chain but not anytime soon.
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I think that bitcoin core should adopt the solutions of bitcoin xt,that is the appropiate solution
LOL.... Noooooooooo They wont do that because they will look bad......admitting that they were just stubborn to agree with Gavin's proposal. The idea of raising the blocksize sounds good, what doesnt sound good is the fact they are including a lot of stuff in XT that they arent talking about. The idea of "checkpoints" that Gavin talked about (google it) sounds like an evil agenda alone.
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What after the trial period? If Bitcoin community split into two and Bitcoin Core and Bitcoin XT run on different nodes - due to this coming fork, many people may lost their Bitcoins in their wallets.
So stick for the One, and my vote is for Bitcoin Core.
I think im going to stick with core too. After much research, I don't like Hearncoin. They are introducing a lot of fishy as hell stuff that they don't talk about with the excuse of the blocksize raise.
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It think whatever services that don't switch to the most voted fork will instantly reject transactions that don't come from the new fork to avoid the "magic internet cloned money" result.
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The noobs are getting confused.
1) Satoshi didn't say shit. That is a fake message by someone with an agenda trying to make XT look bad. 2) Nothing bad will happen. You will not lose your coins whatever fork ends up winning.
Relax ffs.
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It is better to invest, the current saving interest rates aren't enough to cover inflation.
good idea i like to invest my money for future , like buy a GOLD/SILVER, also im holding some Bitcoin for future If you want to invest in something good That would be property/ land Investing in it would return a good deal . Yes buying landing is also a good way or investing money, but there are many problems in buying a new land or home, like registration etc etc. I like investing in gold, silver and bitcoin. Mark Twain's quote - Buy land, they aren't making it any more, will soon apply to Bitcoin as well. Bitcoins are still being generated, but the total supply is limited. NO ,,,,land is being made every day. People are cutting thousands of hectares of forests every day for making agricultural land and meeting our wood demands. And due to which, more and more pollution is increasing day by day. Lol, what kind of logic is that? So you get rid of trees and land magically spawns as new? Does the tree float in the air? Land is land, the supply is ultimately limited.
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I remember now and one of my biggest losses was buying on the Quark scam like a retard. I even paid a lot of extra fee due Virwox scamming me with their method to buy BTC. Ahh the days of being a gullible noob are long gone.
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Most of the doomsday scenarios here are propaganda in both sides to exaggerate the consequences of choosing their respective "enemy" and scare people away from it. At the end of the day Bitcoin will survive and continue evolving.
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You should probably post this on reddit to get a more varied sample of replies, in reddit there are 100.000+ registered users and usually around 1K online.
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Remove the link from the OP that says satoshi commented on this. It's a fake to please the idiots that need satoshi's view on this. Obvious fake due non signed message.
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Oh lol that's funny. Someone is extremely scared of XT winning and they are resorting to cheap tactics, such as impersonating satoshi. Pretty sad to see.
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hi i have a fear that is BTC value going to fall down because i have stored 20 BTC in my wallet. If any experts here please tell me is price going to drop or else it will increases ?
No one can know what the price will be in the future. If you are here for the long term you shouldn't care that much about the price, just forget about your BTC and check back again a year from now, otherwise its too stressing.
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Bitcoin is an amazing system, and it's potential is enormous. On top of that, it's a global currency. Right now we have a market cap of 4b$. That's not even half of Bill gate's net worth, FOR A GLOBAL CURRENCY. 4b$ is peanuts on global scale. If bitcoin really breaks through, expect atleast a 100-1000 times increase.
There are endless ventures that are way worth more than 4 billion, the famous Uber app for example surpasses bitcoin's market cap, it's unbelievable how undervalued is and how most people seem not to get this fact.
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When a technology is so new that people has problems trying to properly give it a value it's a given that you'll go through several bubble burst cycles of hype and despair. To win, you simply hold through them.
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