This can happen but not because of bitcoin having a high value but because america has fallen and dollar is very cheap. I do not believe bitcoin will reach $50K in our lifetime. Maybe in the far future, it can happen but we will all be long dead before that happen. I am already happy if ever bitcoin reaches 2K.
yeah I do not think bitcoin can cost as high as it was when the price of the dollar is strong and there is no event or any event in the world, I'm sure the price of bitcoin will not be more than $ 1,000 I do agree with you, there are really some speculation of bitcoins price which seems too unrealistic to consider as you mentioned its not possible for bitcoin to reach up as OP speculated for about $50k per coin. Even if we say that making the full adoption of bitcoin it wont still reach up this amount. If it really does reach this amount it would take centuries for sure , if bitcoin is still alive.
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As most have speculated that Trump will support bitcoin and may loose the regulation and restrictions regarding bitcoin in America. Obama used to think bitcoin as criminal currency which was completely wrong description and now Trump may start supporting bitcoin which will sure boost the price of bitcoin, we may see $800 by time we see official result and confirmation about Trump being next president. Price have already reacted and reached around $750. I agree on this one , if trump would win on the current presidential elections and he intend to support bitcoin then for sure we could really expect the bitcoins price would boost up even more because adoption would surely arises and that's a good thing for bitcoin but as of now we still don't know the results on which one would really win, I agree with you bitcoins price Is now on uptrend.
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zcash can recover to 1+btc or drop to 0.01 in no time. With this such low monetary base everything is possible.
just look the polo buy and sell wall, it's clear that someone is pushing down the price for a reason.
I doubt it would recover to 1btc+. I dont know anyone who has said anything positive about this coin. It seems all its been used for is people attempting to short it and failing. Im sure by now there are quite a few bag holders though because the only people making any profit from this will be the founders. As the supply cranks up the price will get lower and lower. However, there will definitely be huge pumps in the future, but it is far too early to get in. When the pump will happen, and is the price of zec after get pumped will more than the first price after get put in the polo? if the big pumped soon will happen and i could not believe will reach over 10 btc again for each btc. and i think this coin are the the worst forever never ever i seen before. 10btc pump for zcash would not happen anytime soon. The thing makes these things hype up regarding to zcash is the people behind it which is the founders itself. Doing shorts with zcash as of now is not an ideal thing to do because as you can see it almost dump its price to the lowest compared to the initial price which rose up to 3.3k btc .
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there should be a banner which says (SAY NO TO CRYPTOCURRENCY BANK) because -they cant be trust worthy at all ... -if they take away small amount from each accout and if u dont notice then it will be troublesome.. -bitcoins can be hacked through bank .. kudoos This things are possible to happen when our bitcoins is on the banks because its easily for it to be manipulated and there are lots of things you could able to make reasons especially when they tend to steal small amounts on each accounts same as you mentioned you wont feel it because of bitcoins price volatility. Even they are on the bank the risk is still there. So I really said no with this.
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Bank will never disappear as long as paper $$ still there
You are right and as we all know fiat currency is strong and been regulated by the government which means it would really stay still and no matter those alternative currencies would arise , fiat would be still there and no one could able to replace it from its place. Banks are storage for fiat therefore it would surely stay too.
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It seems I do already read this kind of thread from another person which you could able to earn 0.20$ on 30 seconds and I assume you would really need to sign up on a particular site as long he confirms it you would receive the bitcoin but you would need to get verified also need an email. Done know if its legit but for a newbie account it would really be hard to trust.
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YOure a hell rich of a guy on which you could able to purchase huge amounts of bitcoin one at a time that's why you are getting banned from them. If you want to make transaction you could always use p2p but the risk of being holdup is there so its better to buy small amounts first and get the trust of your seller if the trust builds already then that's the time buy on bulks.
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if you know the price is going to 10k or 40k moon OR 100LK MARS ETC then whether you bought at 300 or 700 mAKES VERY LITTLE DIFFERNCE in a year or less people will look back and say damn ,i could have bought at 700 but now its $2400 ...fuck my luck lol
We can't just assume the price will reach a certain high price level, and people keep holding their coins till it reaches a price in the higher thousands. Especially when you consider that the far majority of the people here are only looking for short term profits. And even if they do say they are planning to invest for the long term, they end up cashing out at 20-30% profits. Only an extreme minority will be able to genuinely say that he/she bought around current levels, at the time the price sits at $10,000 for example. Just take the current early adopters as example. Those who bought or minted themselves plenty of coins at the time the value was next to zero, are now in that exact position. However, as I said, it's an extreme minority. we can assume hence the price of bitcoin is really unpredictable lets just say its too high up now on $700 but later on it would definitely rise up because we cant really stop the adoption of bitcoin and it would really continue to grow even more. I agree with you , people would really sell off their coins when they saw they are already benefited from it like 20-30% on their investment that's why bitcoins price is moving up and down because of active traders on it and also the adoption is included.
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I have to say i have done alot of mistakes in my gambling so far.The worst mistake i would say will be once i won upto 5 btc in sports betting in cloudbet and i started with approx 0.4 btc only.That was a huge win for me but my mind gone mad and still after than i keep betting with those 5 btc and then i lost all one by one.I was not able to recover from that loss for many days.That was my worst mistake ever i would say.
How did you win 5BTC , was it straight outta 1 bet , parlay or what? I assume that he do parlay because he mentioned he lost it one by one which mean he didn't made one bet directly. Its very common for this thing to be happened that all your winning would be lost because that's the main thing would happen on gambling if we play for long runs because we do tend to play even more even if we won already and we know that luck isn't there always on our side.
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you can't really give any statistics on that because gambling is not limited to only one or two types of games and there is a wide variety of them available that we can only see a very small part of it online with bitcoin gambling sites.
on the other hand, it depends on the game. for example in a dice game gamblers surely have a bigger loss counts than wins because of the house edge. but in other games like sports betting if you know your games you can have a much better statistics hence a much higher win rate percentage.
I agree with you regarding on your statement, theres no exact statistics regarding into these things because there are lots of variety and types of gambling which we cant really tally up all those ratio regarding on lossers and winners but one thing is for sure, there are lots of lossers compare to winners and that's the reality of gambling. Those who win are lucky ones on that particular day.
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In my opinion i do not like bitcoin to be under by government because i cannot enjoy the small transaction fees and also the posibility to make the price stable to limit the users profits/income.
Don't worry pal, it wont happen anytime soon that government would able to control bitcoin hence as we all know bitcoin cant be controlled by anybody because its a decentralized digital currency no matter what they do they cant impose taxes on it which means these assumptions are imposibble to happen though, if its implemented I think would really takes time because there are lots of things to consider first before this regulations would be effective.
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I don't have any investments or things which give me passive income but im really trying hard to make one but as we all know its not an easy thing to do because you would really need hard work and money in able to attain it. Passive in come means you earn profits without doing anything which is a really a good thing.
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BTC to be banned?)) Thats not real - coz its decentralized!
It could possibly be banned by government on their country by using of bitcoin but it cant really stop people on using it because there are lots of ways that you could able to use it without the notice of the government that's why its still useless to ban bitcoin though , I don't see anything for bitcoin to be banned in any way. Mayber theres some conflicts regarding on its anonymity but it depends on people on how he use it.
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With American Elections coming to a end, whoever wins, will Bitcoin world be affected or not? I mean can the price suddenly shoot up or down. Or they put any kind of restraints or start accepting it for local use? Could Bitcoin benefit or will it be at a disadvantage
I could assume that it would affect bitcoins price if dollar would change its way but I don't think people would switch to bitcoin when that thing happends. Actually we cant really predict the future on what would really happen though, as the election is on process we could really see the next event when its done and into upcoming months to come.
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No more questions here. Bitcoin is better than paypal on any ways. Fees are less and transfers are fast even though they are irreversible unlike paypal have cashback but still its far away more better than paypal. I could assure that many paypal users do transfer to bitcoin because they could saw that bitcoins potential and benefits are good compared to paypal and I hope it would be adopted more on the future.
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NOt for my daily needs hence im just earning small amounts of bitcoin on weekly basis that's why its not enough for it to sustain my needs for everyday living but somehow my earnings are good for patching up utility bills and other small expenses like loading mobile phones and buying game credits.
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There's not that much that will happen. He didn't sell the coins so the price will definitely not decrease. There would be discussions in here about that and it will become a part of the bitcoin history. People would be asking why to themselves and maybe think about how much money Satoshi let go. It might even be featured in some Youtube channels and facebook pages which might lead to new comers but that wouldn't be that much of a difference.
This is correct as long satoshi didn't sell those coins it wont really affect the bitcoins price infact the supply would be decreased by 1m which is 21m in total. It would be considered as lost bitcoin though but same as you said it would be trending and might convince some new people to engage into bitcoin. This type of question has no sense at all for me. Really. Burning huge amounts of money is just like suicide and no person who have normal thinking would do that.
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This also catches me by surprise. I thought he was retired after the Bradley fight, but it seems Bob ARum said Manny needs a lot of money in order to create help plans for the people of the Philippines. Manny Pacqiao alone can make more money than most people combined on that country.
You maybe correct since Manny will have a huge payoffs in boxing.Also, Manny Pacquiao become well known on boxing. It is in boxing that he carve his name,that is why he can not easily leave boxing as it is also his passion. Maybe you are somehow correct regarding on helping the people on Philippines with his winnings but I wont believe it would be on full he would surely put up only a small percentage on it. Im quite shocked too regarding on this fight because Pacquiao is already a senator and now at the same time he still fight on boxing which is amazing to handle this things back up again.
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How does one Put down Gambling for good?
You need to find other hobbies. You also need to quite doing things you do and are related to gambling. Maybe change friends or at least avoid them for some time, ... Lets say when i stopped smoking. I always smoke when drink coffee. Coffee actually was tasteless to me without a cigarette. So when I decided to stop smoking I started to drink tea instead of coffee. This went on for few weeks or months. Latter i normally was able to drink coffee and enjoy it without a cigarette. For good is a very serious one. One way to quit where I find very effective is you need to spend all your money in gambling and if you have bigger loses you will realize that gambling is not good for you and you will never gamble alone. Sometimes bad experience will help us learn. Wow! That is really a bad move, spend all of your money in gambling! That is not really wise, honestly. You are not testing yourself and make it a parameter as to whether or not you are going to stop gambling afterwards, but you are actually messing your life and your finances! Imagine all the bills and basic needs for your family are being burn in gambling in order to realize that you must stop gambling - doesn't really make sense for A very bad move indeed and you should not intend to do this thing because you would surely regret when you experience total wreckage on financial status. Theres no need to test and wait the worst things that would happen. Better to quit from the start because you wont risk nothing and that's the best way. Well its your choice to make yourself realize but I would tell you its not an ideal solution you would surely make things goes more worse.
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This thread is very old and should not be bumped again because there are lots of similar post regarding with this question. Actually there are lots of signature campaigns as of now and the best one are the most high paying sigcamps but just as expected its really hard to join those because the managers as of now are too strict. They would really implement strict rules about spamming and other related possible violations.
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