Yuanwei: One of the seven writers of the book Bitcoin, has been holding btc for 4 years and never sell one bitcoin. He started to think bitcoin is actually anti-human and a zero-sum in 2016. Fixed amount will cause the 80/20 rule and the rich have no responsibility for the poor. So if Bitcoin becomes the world currency, it will inevitably lead to the polarization of wealth and cause social unrest. http://news.8btc.com/bitcoiner-yuanwei-bitcoin-is-a-good-investment-but-not-a-global-currencyWhat "responsibility for the poor"?Bitcoin is just a currency,not a charity project. The main reason for the polarization of wealth are fiat money. Ignorant socialists that don`t understand cryptocurrencies......
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Bitcoin Will Hit $1 Million In 5-10 years, What’s your say about this?
Maybe bitcoin will reach 10 000 USD,but 1 million is impossible. Don`t try to predict the future.There are many threads asking the same question again and again.
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Please update my rank in Google Docs to Hero member. Thank you. By the way the confirmation time gets really annoying,but i will wait.
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Yeah, obviously I'm excited about the stellar price rise but at the same time I fear this won't end well...
I would say confused. There will be a price correction for sure and i wanna sell my btc. It`s good that there is some agreement about the 2MB block size and Segwit,but this will happen after 5 months.
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http://www.coindesk.com/movietickets-com-bitcoin-payments-900-movie-theaters/Are you from the USA have you already heard of a cinema accepting bitcoins as payment. A post was made by Pete Rizzo at coindesk dated June 15, 2015 saying that Movie Tickets.com will bring bitcoin to over 900 US movie theaters all over the United States. I was glad to read such article but given the date I am not certain if they have already implemented it or the theaters in the USA are already started to accept bitcoins. Your thoughts on this.. I`ll pay with bitcoins in some cinema and watch the entire movie. After the end of the movie the transaction would still be unconfirmed. Anyway, i wish Netflix and Hulu to accept bitcoins.
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https://www.deepdotweb.com/2016/01/23/bitcoin-playing-an-increased-role-in-crime-europol-says/Would you believe that the existence of bitcoin has increased the number of criminality in some countries in the world. This is the issue that was being thrown by the EuroPol and the UK Metropolitan Police. According to them bitcoin has played a huge role on the increasing criminality in their area. They added that a huge number of cybercriminals were using bitcoins in their activities. This just shows that as bitcoin develops both advantages and disadvantages will tag along. Definitely no. Some criminals started using bitcoin ,but that doesn`t mean that bitcoin increased the number of criminal cases. This another ignorant anti-bitcoin propaganda.
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The Latin American countries are turning into bitcoin becuase the country's governments usualy tend to force capital control over citizens and bitcoin is the only was to go around this.
All the altcoins are the way to go around this,but bitcoin is the most trusted and secure crypto. I heard news about african countries adopting bitcoin and now Latin America joins the party. Bitcoin will conquer the third world.
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Did not see this coming... considering we were getting the least support for SEgwit activation but looks like things went in favour of segwit over BU to save the great bitcoin of which btcs survival really depended on this implementation. Good to finally have miners agree on something! Hope this soft fork doesn't disappoint either ,from now on next stop the moon.
BU supporters won`t wait and will start trolling about Segwit and how Segwit will destroy btc. It`s interesting that ,when the price does up,miners have consensus and when the price does down,there was such a "sivil war".
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Largest Czech online retailer Alza has started accepting bitcoin.It is the second largest online retailer next to Russia's largest online retailer Ulmart to accept bitcoin.It has also installed bitcoin ATMs in two of its showrooms.It seems that most of the business organizations have realized that they could not avoid bitcoin payments any more.
It makes me think that bitcoin might be adopted faster in eastern Europe rather than western Europe and USA/Canada. The btc record price level draws attention and some companies start to follow the trends.
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Interesting idea. However, this will make xapo to become the gate keeper and I am not sure if they are good enough to take up this role...
I don`t trust Xapo and many people are like me. Anyway,it`s a good business idea and someone should create such exchange platform. I don`t know will this be profitable with the rising btc transaction fees and confirmation time.
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Can someone explain what is happening in Ghana, Nigeria, South Africa etc, good or bad? I never read or hear anything about those countries. A quick look at "blockchain" or "bitcoin" at google analytics reveals an interesting list. I always thought that United States was the forefront but it's only place 34 on that list, below whole Scandinavia an many others. Maybe internet search interest is not equivalent as actual development but still interesting. https://trends.google.com/trends/explore?q=blockchainAfrican countries are becoming the "new China" for bitcoin and this is good for us. They won`t try to control and manipulate the btc market like the Chinese govenment and central bank. They have huge economic and social potential.
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The narrative built all these years was that bitcoin is immune to government intervention, to the extent that it will one day overthrow the state.. but ha ha ha all it took was one small civil war between a startup called block stream and a bitcoin early adopter and thats all.... its time for the community to save bitcoin to be on the top ever... Nobody says that bitcoin will overthrow the state. I don`t believe that bitcoin will ever replace fiat money,but i believe that bitcoin will grow and become even stronger. I don`t care about blockstream.
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Bitcoin doesn't have an expire date. Once mined, they live forever. Even if the private keys are not known, they still have a private key that could be used to "unlock" them.
There is no thing as FINAL BITCOIN
I think the guy means the final bitcoin mined or the bitcoin after 20,999,999 btc mined. If the btc price isn`t enough high it won`t be profitable for the miners to mine the last bitcoin. This is my theory.I might be wrong.
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Bitcoin is more stable than most of the african national fiat currencies. This is the most obvious reason for the africans to adopt bitcoin. Anyway,this question is asked here before. You should search the forum before making such threads.
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I don't think we need to start using satoshi just yet. Saying something is 50,000 satoshi is going to confuse someone. They would have no idea what that means in terms of USD price.
Maybe Half Bitcoin and Quarter Bitcoin or something. People also get confused in MicroBitcoin and other similar things. We sohuld probably stick to what most people already use as lingo for dollars.
Using bits instead of satoshis is the best solution, i guess. Anyway,the majority of the people still thinks about USD ,when it comes to money,which is sad. We need to unleash bitcoin from the US dollar somehow...
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One of the things bitcoin is revolutionazing sure is ransomware. The ability for criminals to receive anonymous payments from afar is astoundingly useful to them.
Criminals can use every altcoin they want for their ransomware,but they are stupid enough to use bitcoin and bring bad publicity for btc and our community. I thought that monero is more anonymous than btc.Why don`t they use monero?
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I've been talking about Bitcoin to family, friends and random people for years and nobody seemed to mind when BTC was under $1000. But now that Bitcoin has reached $2000, people are starting to realize that owning 1 BTC is beginning to be out of reach for the average person.
I've had more people ask me about Bitcoin lately and wanted help buying Bitcoins. What about you?
Nobody acks me about bitcoin and nobody shows any interest about btc in my town. I`m surprised that bitcoin price reached 2000 USD so soon. The speculation bubble is rising.
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I have been trying to deposit/withdraw fiat into different exchanges, and I found that most fees are absolutely ridiculous (7%-10%?!). With many options to deposit/withdraw fiat (and different fees), I think we are getting a bit greedy with Bitcoin.
According to Bitcoin price at the moment, depositing fiat worth of 1BTC ($2,053) requires fees ranging between $21-$205, while most of us want to transact that same 1BTC with something like $0.5 and getting rage over the delay!
I think paying $1-$5 in fees is relatively acceptable, since bitcoin price is rising every single day.
I think that the fees are ridiculously high because of the greedy exchange platform owners,not because of bitcoin or btc price. You shouldn`t blame bitcoin for this.
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I really think the era of pump and dump is over and the day Chinese lost control of decided when price of bitcoin should go up or come down was the day that circle stop. We the bitcoin enthusiasts has try to tells people around us to see bitcoin as a currency of future and now they are regretting not investing earlier.
The pump and dump era is over for bitcoin only and this is good news. Unfortunately there are hundreds of altcoins and lots of crypto "gamblers" and "investors". They all feed the pump&dump "business".
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Can we see BTC return to $1,000 again? As much as I like BTC I still think this scenario is possible... don't invest more you can lose.
The "1000 USD again" scenario will happen only after a hardfork. I don`t think that this is a bubble.It looks like a steady growth forced by mass adoption of bitcoin is Japan and some other Asian countries.
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