even if its somewhat true, its true for every alt to a much higher degree.. so whatever.
But it is true. It does not mean that something is in a situation much worse the yours, does not mean your situation is not bad. It also is, and Bitcoin is in a truly bad situation. Now there is someone trying to bring the big BTC businesses together to do a debatable hard fork. |
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I don't get why people why people are so concerned with what other people do with their own personal bitcoins (or any money for that matter). Bitcoin doesn't care what people do with it. I certainly don't care what other people do or don't do with their bitcoin/money. Why worry over something you have no say or control over? Just take care of your own shit and let other people worry about theirs. If bitcoins crashes, it crashes.
Do not take everything seriously we are only talking and discussing here. We do not necessarily want to impose our beliefs and our opinions on others. This is a forum, anything will be discussed including the less interesting and the slightly boring. |
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This will take a very long time. We know that number is not a small number. See some possibilities then i think it will happen in the next 2 years. This is quite rational because bitcoin will be increasingly in demand.
You are just plain wrong. This is irrational movement by the market that does not justify the real demand for real use of Bitcoins. Do you really believe that the buyers of Bitcoin are buying because they really are using it as a currency? No. This is a buying frenzy and fear of missing out. |
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How can it be replaced by something that doesn't even exist yet. Counterparty promised smart contract and ETH-like function on Bitcoin blockchain, yet failed to deliver.
What are you talking about, Rootstock doesn't exist ore 'failed' to deliver? To lazy to google, ETH shill  They will test in now and release it next month.  As I understand it, I believe they will use a sidechain for smart contracts and RSK will be pegged to Bitcoins? I do not know how they will maintain the peg if they intend for RSK to be listed and open to market trading in the exchanges. |
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I am curious what those Republicans' agendas are. Politicians always move and act if it will meet the rewards of their self interests. Did someone from Bitcoin lobby for this? But who? I cannot think of a Bitcoin billionaire who has the political connections to make this move possible.
They probably bought it themselves or got bribes in BTC and didn't report it. It is possible they are invested in Bitcoin but taking bribes? They are senior Republicans not cheap lowly politicians from a third world country. They do not take bribes in money. They will take deals and make themselves more influential in the space. Sorry. The proper word is campaign contributions for reelection committees. Yes that always makes sense. Those dirty politicians must also be following the price of Bitcoin and thinks it is time to milk the Bitcoin cows to get more funding. They are slightly worse than the ICO scammers. |
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I am worry about that BTC is not being used for the porpouse of is creation, that is being used as a currency, instead is being used as an investment, and is going to crash if is just saved and not used, so the BTC will crash to zero very soon if that does´t change soon.
This is a very simplistic view of where Bitcoin gets its value from. Have you not considered that the reason why Bitcoin is at $2000 is also mostly because of speculation? |
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This is just my own simple assessment. Around August we should be at least $2500 and we will end 2017 at $3000 or even more. 2018 crypto market will continue to grow but I doubt we can reach $5000 right there. So maybe by 2019 we are at $5000. But who knows. Maybe by 2020 we are already at $10,000 per bitcoin as the supply is getting scarce.
That is a fair assessment. But you fail to take into account that this could be a bubble that will burst anytime. If it bursts this year, Bitcoin might fall and trade between $1000 - $1500. But if the bull run continues I mostly agree. |
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OP and you think Ethereum does not have its own technical problems? It does. It might have worse scaling problems than Bitcoin in the near future. Their blockchain has already become massive if you take how long it has been online into account.
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OP still paid $1
yea in america some think moving funds for $1 is good
here in england i can do a bank transfer FREE
i can use an ATM FREE
i can get a cashiers cheque FREE
in third world developing countries $1= upto 20 hour minimum wage
so in many ways in the non american mindset $1 is bad..
but some people are stuck in their american 'richguy' mindset
remember the tx fee has no relevance to the amount moved. i think the OP would complain if he was moving just 0.01btc and still needing to pay $1
if you think bitcoin is ok for the rich and nothing needs to change. then bitcoins ethos of helping the unbanked has been lost
The miners are becoming very greedy. That price of Bitcoin has already tripled in a year yet the will not include your transaction with a "low" fee. How is it still low if Bitcoin is already at $2000 per coin? They should do the hard fork to BU already if that is what they really want. |
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Many people have recommended poloniex as a good trading place and a safe exchange place. So, with the popularity of poloniex I think poloniex is the right place to trading. Good luck!
If those same people tells you to jump of a bridge will you follow them? Poloniex is not a good exchange anymore for trading especially in times of high traffic. Many traders lost money because the exchange lagged a lot and had their coins stuck in stop limit orders that took many hours to fix. I understand your sentiments. You are talking to the start of crazy massive price increase of other altcoins in Poloniex that lasted for many days . The exchange really suffers a big volume and yes at some point they didn't able to handle it. But still, there are lots of traders there compare to other exchanges so still way better to deal with trades there. Im hoping soon that problems will somehow resolved as Im seeing another crazy pump for other alts aside from bitcoin price increase. Just because there are still lots of traders using Poloniex does not mean it is still the best exchange. It was shown that they cannot handle all the volume because their exchange is only second rate. |
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I am curious what those Republicans' agendas are. Politicians always move and act if it will meet the rewards of their self interests. Did someone from Bitcoin lobby for this? But who? I cannot think of a Bitcoin billionaire who has the political connections to make this move possible.
They probably bought it themselves or got bribes in BTC and didn't report it. It is possible they are invested in Bitcoin but taking bribes? They are senior Republicans not cheap lowly politicians from a third world country. They do not take bribes in money. They will take deals and make themselves more influential in the space. |
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Many people have recommended poloniex as a good trading place and a safe exchange place. So, with the popularity of poloniex I think poloniex is the right place to trading. Good luck!
If those same people tells you to jump of a bridge will you follow them? Poloniex is not a good exchange anymore for trading especially in times of high traffic. Many traders lost money because the exchange lagged a lot and had their coins stuck in stop limit orders that took many hours to fix. |
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I am curious what those Republicans' agendas are. Politicians always move and act if it will meet the rewards of their self interests. Did someone from Bitcoin lobby for this? But who? I cannot think of a Bitcoin billionaire who has the political connections to make this move possible.
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OP, I hope they keep "attacking" with all their fiat. They can print more if they want and do a nonstop attack forever if the want.  |
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If I am Satoshi I would post all my wallet address in the forum and also sign a message in the blockchain that will say "Solve the scaling debate now or else I will use all of this to spam and flood the mempool further making the Bitcoin network very slow for a long time."
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you haven't seen the real bitcoin price rise yet. this is nothing compared to what will come in the future, this is mostly because of the "news about Japan" and the fact that they have finally legalized bitcoin as a legal payment method. That is merely speculation on your part because we may not see "the real Bitcoin price rise" or this is already the real price rise. just wait until a couple of these "bitcoin is accepted here" signs go up in Japan by the merchants (and remember that Japan has 24 million tourists each year and is ranked 4th among countries like that). that is when the real adoption starts kicking in and the price goes to the real moon. I disagree. The growth of Bitcoin will coincide with the growth of the dark markets where Bitcoin its use case makes the most sense. |
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I cannot wait for OP's next post and comment. Anybody who is thinking of shorting in this bull market is crazy gambling. They are clearly trying to time the market. That is something no one can do perfectly. By the time the market becomes bearish they have lost a lot and their gains will be smaller than if they waited patiently.
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Arbitrage is not practical anymore unless you have a lot of Bitcoins deposited in many exchanges. If you really want to
do arbitrage as a strategy it would be better to have a partner from the other exchange and you split the profit.
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What does everyone think of Barry Silbert's proposal of Segwit with a 2mb blocksize? Would that be a start for the big blockers to start listening and start cooperating?
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The alts don't seem to be crashing anytime soon. Look at their valuations - they just keep rising.
Bitcoin dominance has crashed below 50% and it looks like it will stay there for some time.
That is true. What we must find out is how long these valuations and high market capitalizations on altcoins can be maintained. This is a bubble and a time will come that everything must contract. People will lose Bitcoin value by trading altcoins. That always happens after a bull market. I always think this is the manipulation of the market and I am quite sure that such actions can be regarded as fraud in the crypto currency market. Because you will agree that in themselves the prices for altcoin or Bitcoin can not jump so much. If that is what you think then the regulators should arrest all the billionaires who are involved in trading the stock markets and forex markets around the world. No market is free of fraud and manipulation. |
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