Idk I find these posts kind of entertaining. I'm impressed by the amount of effort put into badmouthing Litecoin. #hardwork #dedication
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I'm really surprised, actually. I made some money buying Potcoin when it first came out and selling at 1420 satoshi. After the last pump and dump I was sure the coin was dead, but maybe it still has some life.
The main thing I don't understand is why anyone would use Potcoin over say, something like Monero. I haven't heard anyone explain any technical aspect that makes it better than other anonymous coins. Just because you brand something for a specific use does not make it the best for that application.
If anyone can provide some arguments for using this coin over another payment method I'm open to discussion.
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Personally I was really excited about the end of the year and was sure that price would rise to the $750-800 range. But all it took was a news story with no sources saying that China may be looking at regulating Bitcoin and the price dropped 8%.
I wonder if a similar story about regulation in the US or Europe would have such a strong effect.
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There would have to be some proof showing that the keys for those coins were lost/ destroyed. Since Satoshi is possibly in hiding, dead, or more than one person has control over those keys, it would be very hard to prove that this happened.
If it was proven, price would naturally go up by a percentage related to the amount of coins reduced. (And possibly more by the hype that was generated.)
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Most economists are predicting US interest rates will be increased next month, that the Fed is only keeping them stable right now because of the election. How much the rate changes could definitely have an effect on the price of commodities like Bitcoin and precious metals.
With the slight dip back to $700 this could be a good time to invest in Bitcoin. Investing in things like gold and silver is probably a safer bet but I think they all have a slight possibility of increasing in price.
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The last couple days has made me uncertain. Price was going up with the announcement of Segwit and the possibility of a service like Mega attracting new users. $750-800 seemed really easy to reach.
Then some news story about China possibly looking to regulate Bitcoin comes out and the price drops immediately... (a news story with no source by the way)
I still think Bitcoin is a good long term investment, but the market is way more fragile right now than I was giving it credit for.
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Its great news, but it still concerns me that you need an additional app/ company (Chainside in this case) to enable the payment. Confirmation time is still an issue when paying with BTC in a live setting. Chainside promotes- "Irreversible transactions without risk of chargeback frauds for the business owner" How are they providing this and what type of guarantee they give their partners. (Their website does not have many technical details.) https://www.chainside.net/
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Personally I would not use any bot that was not completely open-source or had the source code for review. There is no guarantee that a compiled bot is not storing your credentials and sending them to some remote server. Be careful of anything you install. Make sure its from a source you can trust, and verify any claims of the profits people are making with this bot.
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It is a good idea, but a lot of it will depend on location. What country are your customers in and what country are you offering trips to? If you are located in a country in Europe or China that has many Bitcoin users, you may get some customers.
Also, it may become more popular over the next few years. If you start now it may be slow at first, but as more people are exposed to Bitcoin business may pick up. In three to five years from now it may be a huge business for you.
Good luck and keep us posted!
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I think the Pokémon Go fad may already be dying out.
Some game maker could definitely incentivize a game with Bitcoin rewards, but they would have to generate money to give to the user, so you are talking about a game with a ton of popup ads or addons that cost money. Nothing is free. If you are earning a few cents the maker of the game is earning more. If you are okay with that then go ahead and play.
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Doge actually seems like a pretty safe investment after what happened the last couple of weeks. I still think it will go up a bit eventually, although it might be another couple months before it happens.
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The price of btc is holding up well. Long term trend is still up. Target is beyond 1000. Maybe hold and only spend if I need essentials like toilet paper or food.
Yes I actually avoided some purchases I was about to make because I want to my investments. Hopefully Bitcoin goes up and I make few dollars and don't feel like Scrooge McDuck hoarding all the coins.
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I have wanted to try Cherry red switches for a while. I've used blue and brown but never had the chance to try red. Using mechanical keyboard of Razer now. Pretty cool and comfortable especially in online games. The feeling when you clicked on key caps is really true and easy.
Razer was using Kailh switches but has changed to Greetech switches on newer boards. Supposedly these switches are slightly better in quality. They seem pretty decent from what I've seen in stores but I've never owned one so I can't say how they perform long term.
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There will be a lot of new altcoins coming out in the next year or two. Developers and companies are seeing how much money is being generated from these ICOs and they will want to try and get a piece of the pie. So I expect a lot of new coins to come out and fail.
There might be some interesting projects but I think we will also see a huge bubble caused by waves of new investors, and the bubble will eventually pop. It will be like the dot com era. A ton of coins will disappear overnight and a few giants will be left standing. If you can pick the right investment you could possibly be investing in the next Google or Microsoft.
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Having 75% of the world's hashing power in one location and controlled by one company is actually terrifying. I feel like if this actually happens it will greatly affect the entire Bitcoin ecosystem. China will definitely be firmly in control of Bitcoin, even more so than they currently are...
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If you buy Zcash for anywhere near 1BTC and don't flip it for a profit immediately, you deserve the loss you take.
No one accepts this coin so it lives on the exchanges right now. It's all hype. The price will surely drop. To what level I have no idea.
I'm sure there are some smart traders making a killing off ZEC right now, and I would bet my life none of them are going to end up a bagholder.
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This app if for COVAL coin?
I'm always interested in the music project based coins, although I remember people talking about 2FLAV coin a lot and i don't think that project has really gone anywhere yet.
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If you are lucky you can catch one of these shitcoins on the way up and they hit a 700% profit in one day, (it happens almost every day on Yobit) just be sure to sell before the bottom falls out because the pump and dump happens really quickly.
It's a total gamble but a ton of money is made and lost every day on these coins.
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It does concern me a bit that such a baseless rumor could cause the market to move so much. No details were ever confirmed, no one was named, just that 'people familiar with the matter' said that 'Chinas regulators are studying measures to limit transactions that use bitcoin'. One rumor and people panic and start selling coins and the price drops several percent. I guess Bitcoin is not as solid as I thought and the price is still heavily based on speculation.
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If someone had the right connections, they could definitely spread a rumor like this and profit heavily off the FUD. Moving the price of Bitcoin by $20-50 can make a ton of profit for someone with millions to invest in the Bitcoin market. I do not doubt that people would use such tactics.
It does concern me a bit that the market would move so much on a baseless rumor.
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