During from past two years when bitcoin stepped in,Every body takes it lightly but i personally dont know that how it get so high on USD then how it conquered the transactions of banking,there was also a time when 1 BTC was = to 1100$ which also led myself toward this entity crazily,Bitcoin was like catastrophe in transaction sector or what can i say it a 'Currency sector' then we see also a big drop in the price of Bitcoin from 1100$ to 300$ .It boomed suddenly ,Every body head was down thinking that they had lost something because some peoples had transferred there currency in bitcoins because of Current Good situation also and of the value of the 1100. Still today those people aren't in a big loss because bitcoin is much more valuable still today ,i know it is not much then before it was used to,but i have to admit it that with that big fall , btc is still famous BTC
Yes, BTC is still famous and its current price is making a strong base now before taking another leap. In every equity issue, the price of the equity goes up crazily because of strong buyer numbers. That's what happened to bitcoin as well when it was around $1100. However, after that bitcoin came down to its current price based on the market cap and strong customer base. It is the time to strengthen the base and that's what BTC is doing now. A clear price increase is coming in near future and this time it will break $550.
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First of all, the news seems fake. I think that professor is trying to become famous by doing such stunts as this news doesn't have any realistic base.
Also I don't think there will be much impact on bitcoin price because the bitcoin price is based on many factors which are based on facts and numbers. Market cap also plays a major role.
So unless more and more investments are flowing in to the bitcoin market, I don't think any major impact would happen on bitcoin price.
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10 BTC is equal to 4500 USD as per today's rate. It is a big amount but not that big which can change my life. Probably I will buy a good motorcycle for my daily commuting and invest rest of the amount offline.
But first let me have it! LOL! Seriously if I have 10 BTC, I will simple save it for future, with the hope that the price will increase to 1000 or 1500 USD in future and then I can make some impact on my daily life.
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This is a cropped photo and the thread owner is trying to make sexist comments. Not welcome at all!!
Who said women don't use bitcoin? There are many but not necessarily we all need to know that.
keep calm and accumulate Bitcoin for your future. You don't need to be expert in everything.
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A single youtube video proves nothing at all. It certainly does not prove that Craig is Nakamoto.
Probably the video owner is trying to get a million views and earn some money from the youtube and nothing else.
It doesn't prove anything about Nakamoto's identity.
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Bitcoin debit card is an old story. few companies are issuing them from a long time.
But now the scale of bitcoin debit cards will be massive. I just hope no scam companies are involved in this. otherwise people will run crazy after they loose money.
Welcoming move indeed!
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Anti Money laundering rule does not only apply to bitcoin. It applies to every type of currency.
Even though EU rule makers try to enforce AML on bitcoin, it will be a very very difficult job due to the decentralized nature and great sense of anonymity.
I think EU should be more flexible in terms of accepting innovative solutions to their economy because they are already in a bad shape.
Anyway, till the time EU starts enforcing AML to individual bitcoin holders, enjoy the power of bitcoin.
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Why would you want bitcoin to become mainstream. Is mainstream is just being a popular currency, then it's ok. But if you want to buy regular groceries using bitcoin, then please take a step back.
Bitcoin is not meant to become a regular currency. It is an alternative investment route which will help you save money without worrying about global economy and provides a great amount of anonymity.
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Yes, it is bad for the oil industry worldwide, but it is certainly good for the nature which is much more needed than an inflated PL statement of an oil company.
Electric cars are a welcome move towards the green initiative and certainly makes less holes in the owner's pocket.
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In 20 years, I will in the verge of getting retired and hence I want to add some extra spice to my retired life with bitcoin. Probably a foreign tour or a superbike and then enjoy my life to the fullest.
That's y currently I am only accumulating bitcoin and not selling it anywhere. If it goes up to $1000, I will be able to fulfill few of my dreams.
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Absolutely fake news. This guy is just trying to steal the limelight when the actual developer of bitcoin is laughing his ass out.
Probably the video owner is trying to make some money from youtube.
I don't know why people are bothered so much about Satoshi's identity!!
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Why banks hate bitcoin... And why we no longer need them...
What banks can do better than bitcoin. If bitcoin also have almost all features of banks. Only must have an internet and you can use bitcoin already.
And bitcoin has faster transactions than the bank and more secure I guess.
Banks hate bitcoin because bitcoin is building up a parallel economy which is anonymous in nature. Banks and governments will be furious if money is free distributed in the economy without their intervention. Money is the most powerful weapon to control people and if it is being distributed freely, the power of control will be shifted from their hands. That's the reason no bank will support the bitcoin or blockchain technology.
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I don't understand why you all are behind the satoshi myth?? Why u all want to know his actual identity??
Bitcoin has created history and it is always better to just take the profit out of it. Let the creator sleep in peace. Because of your curiosity, probably the creator of bitcoin is living a miserable life out in somewhere in the world.
This is not done, take benefit of the creation but lets not make his life tougher because of our curiosity.
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No wonder! Russia has a fascist government and they simply don't allow people to have free money. They simply believe that power should belong only to government. Thank God they are not a part of EU.
My sincere condolence to all the russian bitcoin users.
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I am using bitcoin for purely investment and not as a currency as I have no plan to sell my bitcoins in near future.
I am just accumulating and trying to build up a lump sum amount through good investments. I have a goal with bitcoin and probably after 15-20 years I will use it as a currency.
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It is said that bitcoin will destroy the fiat system but i believe that if this happens the world will change completly because banks and a lot of things will go out of market.
I doubt that will ever happen. not even in 2050. Bitcoin is besically understandable by someone with a bit of technical knowledge. It is not for the general people. Probably you will see a more streamlined bitcoin in 2022 but not used by everyone for sure. Bitcoin is not meant to destroy fiat currency in any way. It is just providing you a an extra way to earn and invest money which can add a little spice in your daily life. But it will never become another fiat.
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As dev correctly mentioned that VAL is a marketing success.
Also the free distribution will be brought to nearly zero for new participants by the end of May, 2016.
Don't get panicked about the delisting, because it can re-listed again. there are so many exchanges nowadays. Just hold your VAL and wait for better days to come. VAL is not going to die very soon.
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In the last months the BTC price is increasing, how much u guys think the price gonna be in one year?
Well, that is difficult to say. It is not possible to speculate in such a long term. But the way its market cap is increasing, I assume that bitcoin will go up to $600 by the end of 2016. Nowadays the altcoins are eating up the investments and hence the money circulation in to bitcoin is not increasing at rocket speed. If there are less altcoins, then could go up to $1000 but that's not going to happen anytime soon.
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0.5 BTC means around 230 USD which is not a difficult task to earn. But for that you need to have some special skills like programming and networking power.
There are many websites where you can actually offer your programming skills in exchange of bitcoin. if you can execute the task successfully, then this amount will not be a big problem.
But without offering any service, it is really difficult of earn this much bitcoin within one month.
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If you want to invest a little amount of bitcoin, then you should go for at least 1.5% interest per month, which will fetch you 18% return annually.
However, there are several factors you need to take in to consideration if you want to invest big amount. Described below.
1. Project feasibility - You need to be sure that the project has a real life feasibility and they will become profitable in near future. Don't get in to technical nitty-gritty but try to understand that how this technology will help the company to earn money.
2. Project developers background - It is hard to gather this, but try to know the developer details and their credibility before investing big bucks.
3. Price volatility of Bitcoin - The price of bitcoin keeps changing. Try to get the last year's avg price movement and compare with your return. if the return is more than the average price movement, the return can be profitable for you.
4. Third party verification - Always verify the credentials of the middleman and broker who is facilitating the transaction. Just to be sure that your money is not in wrong hands.
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