If you've ever really needed money and were very desperate, than you probably know that people would let you starve to death rather than give you $5.
this depends on your condition, if your physical disable you to work at all, maybe this sentence is still acceptable but if you still able to work but you said this then you’re just lazy. I highly doubt you understand what the quoted response was trying to say. When you're very low in society, people don't bat their eye. They will actively ignore you. It's the reason why homelessness is such an issue. Yes, there may be people who have been lost in drugs and such, but that in no way reflects the entire population. One living at those standards would do anything to get out. Being lazy is not an option. We can use Bitcoin as a means of helping them too. Imagine if these people were able to earn from campaigns like sig campaigns on these forums and use that money for their well being. It would be an amazing turn around for them. |
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It's quite possible to use Bitcoin for casino, but not now.
The only way now is to gamble with Bitcoin online, playing bets or other kinds of gambling.
Bitcoins could be introduced later into casino as another means of payment
I think this is a good option as well. If you insist on gambling, go for an online site. Those are the only ones I personally know that accept bitcoin regularly. Overall, this question is like going to a casino and trying to use Paypal to gamble. I highly doubt any casinos accept Paypal. We can't really deem bitcoin the equal of a bank account; we can definitely draw parallels between it and other money transfer methods, however. |
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Hello
I'm totally new to bitcoin.
What needs to be done if i want to accept micro bitcoin for services that i offer? What type of set up i need to do?
Thanks
Steve
You need a bitcoin address to receive money into. Furthermore, you need to find a service that actually allows you to advertise your own service that also accepts bitcoin. One, for example, is rocketr.net If you have an existing website and you need to implement bitcoin payments, you could probably use Bitpay for that. You should look into that when you have the chance. |
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I'm checking on both Coinbase and coinmarketcap.com and according to Coinbase BTC's value is €4,784.84. According to coinmarketcap.com BTC's value is $5630.32
Why is this?
I think you just explained it in your post yourself. The coinbase value that you're looking at is a Euro evaluation. The coinmarketcap value that you saw was a USD evaluation. You should try to change some settings to set the base currency for these conversions equal to the currency used in your location to avoid further confusion. Also, it's a good idea to use Preev to track bitcoin prices over coinbase, for example. |
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He probably just wants the price to go down so he can put more of his money secretly into Bitcoin  Honestly, a lot of corporations and larger investors are probably spreading bad news in order to buy a dip that they create themselves. They're just trying to make more money by manipulating the market with the value of their words. |
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It's too good to be true but I don't see that happening anytime soon. Because the kind of market cap will require to reach that price level, is hard to reach. However, it is not impossible though. Bitcoin price is at all time high right now and I expect the price to come down because investors around the world have started or will start booking their profits. It means bitcoin supply will increase more than the demand and it will bring down the bitcoin price to a certain extent.
However, that's the normal dynamics of the bitcoin market and nothing to worry about it. As soon as we see that the price is stabilizing, the investors will again start to buy in heavy quantities resulting in increased demand and increased price. However, 7k USD is hard to reach this year. As per my speculation, we may see this price within the first quarter of 2018.
I think with Bitcoin, it's slightly similar to stocks in some terms, but when it comes to talking about the market cap, I don't think it's a good enough way to justify a statement about Bitcoin not growing. In the past, Bitcoin has basically ignored market cap values. When you see a currency go from $200 to $5,000, the market cap cannot be considered a limiting factor. |
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Well it's their loss. Funny that a European country is headed this way. It's becoming recognized here in Asia and governments are scrambling to get into the action. By restricting the entry of cryptos into the mainstream financial sector, they are letting tons of money out of their hands.
They're probably under the wrong impression about the whole anonymity part of Bitcoin. They probably suspect that it'll be used for more bad than good. I agree with you, though. I think any country that is trying to block out Bitcoin right now is making a mistake -- it's a move towards a more technologically based future which will happen regardless of if they ban bitcoin or not anyway. I think in the future, it's possible that they'll remove the warning. |
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I looked at my web search history and I see that I searched for bitcoin back in 2013, 2016 and 2017. In every instance, I saw negative comments, especially from mainstream media and how useless bitcoin is. Most of the time apparently I went to bitcoin.com and it did not convince me to get bitcoin. I vaguely remember going to a faucet one time back in 2013 but it was full of ads and I did not get the concept back then  This happened until after I was fired from my job and saw the high increase in 2017 July, which is kinda late. I spent like 2 months to figure out how to send fiat money to a good exchange. These are the bumps on the road to the general adaptation of bitcoin. Do you have an idea on how we can make Google search bitcoin-friendly? Even now the top three search results come up with: Bitcoin rallies to hit a one-month high but experts warn of a volatile upcoming event C[Suspicious link removed]m · 23 hours ago Bitcoin's price bubble will burst under government pressure The Guardian · 18 hours ago Collapse of Bitcoin Inevitable According to Harvard Economics Professor CoinTelegraph · 5 hours ago ALL NEGATIVE! I've noticed oddly how the media reacts to bitcoin rises and drops as well. From what I've noticed, however, is that when Bitcoin is on the rise, there are more positive articles than negative ones. This adds more hope to bitcoin from those who don't know about it on the outside. However, on the flip side, when Bitcoin is tanking (as it was with China FUD), there are more negative articles coming to the front than positive ones. I really don't understand what goes through the media's mind. It often seems like they can't keep their mind to one opinion... |
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Does anyone have information whether bitcoin would distribute wealth more equally across people than the current wealth distribution?
Or would the distribution be even more unfair?
It's good to keep in mind here that you need to have money to get money. For the poor who have not gotten into bitcoin yet, it's probably not profitable now. They won't be able to buy enough Bitcoin to make large profits off of the price spikes. I actually think the distribution would end up being a bit more skewed because those who have a lot of money have enough to put into bitcoin and make a profit off of it. |
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Imagine if tomorrow occurs a crash like 2008. What do you think will happen to the price of Bitcoin and other cryptocurrencies?
You basically described it in the explanation itself. If there was a crash, then the price of Bitcoin would not be spared. However, I don't think a lot of the holders would be shaken. For most of them, they know that after every drop there will be a come back and after every large rise there will be corrections. For all of these cryptocurrencies, we can expect a similar behavior. |
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Goddamnit. Kicking myself because I sold the whole bunch back in August. This personal annoyance aside; value of BTC increased with roughly $1000 in a mere 24 hours, which is nothing short of astounding. Market cap of Bitcoin is approaching the threshold of $100 billion and dominance in market cap of crypto as a whole peaked at 56% today. Back in June, market dominance dipped at 37% and some alts were seemingly about to take over, but BTC is fighting back with success.
I was in the same boat. I'm not too pissed though, I needed the money in the moment and I actually had to use it for a family emergency. It may feel like it sucks right now, but when I think of the reasons for which I needed the money out, I feel better about it. After all, we need to look forward into the future and plan for that instead of being caught up in the past. |
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BTC is absolutely surging right now and there is huge market confidence but I do not feel that it can sustain the current trend, it is too sharp a rise and it would seem a fall is inevitable.
It is definitely not sustainable in the long term. No boom like this is. What makes Bitcoin unique is that this boom will happen and it won't even be followed up with a bust. Chances are it'll stabilize right now and brace for another boom very soon. |
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That's a really good question! In my opinion this year price will raise up at the end of November because of Black Friday. I just checked price for 2015 and 2016 and these are the results. 2015:  2016:  Remember that every day a lot of ecommerces are starting to accept BTC as form of payment  Wow, thanks for this thorough analysis! I'm surprised by how much the BTC price rose in 2015 during Black Friday while it barely moved during the 2016 time. Perhaps people were more keen on hodling when 2016 came around, especially with the Bitcoin slow rise during the time. I agree with you, especially because of ecommerces being able to accept BTC and some even taking Litecoin. |
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My investment in Bitcoin has almost reached my target retirement fund amount, which I can put the money in some boring index fund to generate enough passive income for the rest of my life.
However, I don't want to sell all my Bitcoin at once, I'm a strong believer in Bitcoin, and think the future is bright, however, I must secure my profit as well, btw, I'm invested about 99% of my wealth in Bitcoin.
One exit plan that I came up was:
Sell 10% of my BTC once it hit my target amount, sell 20% on next year, 30%... and so on.
Illustrate: If I have 100BTC, sell 10BTC first year, sell 18BTC (20% of the 90BTC) next year...etc.
This exit plan still gives a lot of weight in Bitcoin, which means I'm still going to have a high-risk portfolio for next few years, the pros are, I believe Bitcoin value can multiply.
So what'll be your exit plan if you've had enough Bitcoin to live the rest of your life?
There is promise in Bitcoin right now. Prices will be rising to continually set new ATHs for the next week or so in my opinion. In terms of saving, I'd say that since you've reached your target (or have come close), you've profited a fair amount. You should leave your investment in Bitcoin as is for the next few days and see how that may reflect the price fluctuations in the coming weeks. Make your judgement based on those numbers that you crank out. |
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As you guys might know, Thanksgiving is coming up. But with that comes Black Friday and Cyber Monday. How do you guys think the sales during these two days will affect the Bitcoin price evaluation?
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i if want to start small project (site)
how much i need for basic one ? OR complex one ?
what is your small project? do you want to make ico? if you want to make ico, then you need big budget like more than 100 btc to start because you need to prepare many things but i don't know what should be prepare to make an ico. but if you only want to create a site, i think you can buy domain name and the hosting which is $150-$200 for a year, buy template which cost $10-$100, build the site (you do by yourself or hire web design and the cost is $100-$500). but its only for the range and i don't know the details. I have more Knowledge in apk apps so that i prefer to start with it not have many skills in ICO can give me start reference ? For ICO's, you need a stronger base and a promising idea to capitalize off of. I'd suggest taking a look at current ICO's that are being advertised here on bitcointalk. You'll notice that a lot of money goes into the planning, paying employees, and especially advertising. However, in the chance that an ICO is successful, they can definitely make a lot of money and create a working coin. Definitely keep track of the ICO's available here to learn a bit more about how they operate. |
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Hey everyone finally the price of bitcoins is increasing and was becoming more stable but ! Its price is again decreasing now... You know it will be very nice if you guys instead of dumping them hold on to them... Dumping the bitcoins in panic because of the fear of the price never reaching this high value in future.. does affects the price of bitcoins in a very bad way! Yes some people get profit form it but!!!it decrease your future chances of earning even more higher profit... And so does for everyone else... I believe anyone that has not learned that till date apparently will not be able to learn again. Most market controllers called whales are always using the news and media to make gullible people to quickly dump their assets so they can buy at a lower price and make huge profit, so anyone who deemed it fit to still panic sell, and dash them their hard earned money, that is their cup of tea. I actually disagree with you.I think panic sellers got their chance to learn from the China incident and they most probably did learn from those mistakes. For now, people are buying and not selling; that's what's driving the price up. We can be sure that the next time a government tries to regulate the Bitcoin market, the community will definitely hesitate to sell. The power of bitcoin comes from us -- the holders. |
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Being that the government have no control over cryptocurrencies as they are fully decentralized, can bitcoin be regulated in a country?
Bitcoin can absolutely be regulated in a country. Exchanges and ICOs can be banned, which is practically exactly what China did in the last month. They were basically showing off the power that they had over the coin. Little did they know that Bitcoin would rebound back and bite them in the butt, but hey, that's a them-problem. For us right now, we can be assured that even when a government tries to regulate Bitcoin, the price will be fairly stable besides the few panic sellers. In the day and age of technology, we can count on a technologically-based currency to rise in price. |
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Well, It's a little bit too late for investing at this point because you could've easily get it cheaper before but will definitely not hurt to accumulate more. Because as long as you are investing for the long term and the development of bitcoin looks active and promising, there is nothing to be afraid of.
At this point, I'd say it's never too late to invest. I see that you say that further on in your statement, but I found it odd how you didn't start off with it. I agree completely with the long term investment idea as well. I think with bitcoin, you can't really look at the past and get caught up in it. You have to continually think about the future. With the future in mind, we can definitely see the prices rising even further up, potentially into the 10k zone as well. |
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I dont understand the reason of why people is still dumping their bitcoins, they can look at the charts and they will see that the price is always increasing, but they are worried about losing $20 because they are too scared to make a profit of 40% just by holding those coins for months.
But it is good, if there would not be panic sellers maybe we could not see any price decrease, so it is good to have them.
It's also a bit of a cycle. The more times the panic sellers get flushed out, the fewer panic sellers there are currently, the more the bitcoin price will go up. This is because the more often there are bumps in the upward trend, there are fewer people trying to sell and more people trying to buy. This makes the price drive even further up. The whole China FUD was a good thing for bitcoin holders. |
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