Latest posts of: Q7

If you ask me, I would say, I don't think so. Whatever the outcome, eventually everything still goes back to the basic supply and demand factor. As long as demand has not catch up, and supply is going to be the same as it is, the price will drown. My only hope is when the halving took place which is suppose to happen some time next year.

Whatever happens, there's always good and bad. I believe bitcoin will never catapult upwards as long as it haven't really found the bottom level. And if it needs to then let it be. I'm preparing to buy at every single dip and I mean getting at a bargain price. Similarly if it just continue to rise and rise, then there shouldn't be any problem here.

Good luck trying to find one. I bet those millionaires would rather not reveal themselves unless the company is willing to fork out some extra money to pay them for the each tv appearances. Even then, I can imagine these people will still hesitate to appear and would rather not sell out their privacy for that.

Actually I don't mind continue running back the full node once I manage to update it. I'm already months behind and to tell the truth after running program like electrum it actually makes you want to forget about the full node. I'm not going to buy that for now, but I'll update my qt-core just my way of giving back to the community.

Technicals if it can guarantee at least 60 percent chance of winning that is already good enough. So usually it will only apply in condition where there is no major news announcement expected. I don't know about you but for me, I haven't really find out one that can have that success rate, and which is why I'm a bit skeptical when it comes to so-called detailed analysis.

If anyone wants to do it, the person could just send to any random address. I mean I would fancy an address with some catchy and funny names. Anyway, nice try catching some btc. If I want to do it, I would rather get the counterparty address and send whatever amount I want to.

The more restrictions imposed the more people will start to look for alternatives. Nobody likes to be controlled their freedom and this will certainly make people starting to take bitcoin seriously. I'm sure there are people who have heard of bitcoin but have not really make attempt to discover it so now is the right time.

Quote from: Lorenzo on March 25, 2015, 01:01:55 PM

Quote from: Q7 on March 25, 2015, 12:55:25 PM

Well a few reasons I could think of. If your competitor are offering payment solutions in bitcoin, and you are not, then it makes sense to do the same in order to catch up with the trend. Furthermore, accepting bitcoin also helps to promote businesses. For instance, a company which decides to accept bitcoin will get added to the "list of sites" and indirectly that is a free promotion. Bitcoiners will also tend to support by trying out the service.

True, but wouldn't you think that as the list of companies grows, the positive effects become less and less significant? Being the second mainstream merchant to accept BTC is a big deal. Being the sixteenth? Not so much.

For certain business entity especially large corporations, they don't really mind trying to compete even committing huge investment just for the sake of slight advantage over others and that is especially for their competitors. They stay by their motto of staying ahead in business. That is how I see it.

I try to support in any way I can. For OP If you have the passion to develop the site probably you can compile all the information about different cryptos like history, past exchange rate, predictions, technical information and offer the advantage something like instead of going to google and typing to search pages through pages of info, probably yours already have everything there.

I thought this has already been implemented with braintreepayments which basically allows you to perform bitcoin transactions with their merchants. the only thing don't have right now is actually allowing your paypal account to store btc and directly allow you to spend using the currency from your paypal account. I think here we are still making progress.

Well I try not to connect it to religion. Whatever I believe in about the future of bitcoin, I have my reasons for it and same goes for those non-believers. Each of us have our own rights to our own option and I won't criticize others just because their opinions are not aligned with mine. However, one thing I would like to point out is that I'm not in total obsession. Bitcoin do have its own weaknesses.

Well if only I knew the answer to that question. I expected the price to cross 300 level but it just fell unexpectedly and now looks like it is still on the downtrend. But one thing I always told myself is to buy when opportunity comes at the right price and continue to hold on to it long term. I expect things will change in years to come but definitely not now.

That leads to a good question on why governments don't hold the coins just like anyone else and wait for it to gain mainstream adoption and then appreciate in value. And they would rather sell at a loss which puzzles me. Or does that mean they don't see the potential within bitcoin itself or for some other reasons.

Quote from: ijphlrnxewho on March 25, 2015, 11:02:32 AM

100% decentralized exchange possible is if someone were to create a software that is running on many different nodes. In other words, each user's computer is hosting the exchange similar to the old days where each user's computer is hosting the bitcoin server.

All future coins created must be compatible with that exchange's software. This way the coins are not control by someone.

I think that's a great idea because eventually it will become a win-win situation for all because you don't have to trust anybody that could potentially run off with the coins and at the same time, those running the nodes will be motivated to maintain the network by earning a portion of the exchange amount.

Epic! The word Nasdaq itself already means something. Imagine all the positive changes it would bring especially when you have a technology proven reliable that handles trillion of dollars of trades per day. It would facilitate trade and secure traders trust in having a platform considered reliable. I mean with that you could expect more funds coming in.

You sure nobody spied on you while you are burying your stash? I mean your neighbor probably were observing what you were doing all the time and because of their inquisitive nature decided to dig it out to find out what it was. I mean something might be good in there since it was concealed in a box Grin

If you check the website it clearly indicates that a hack took place whereby there's a bug in the trading engine which got exploited. Apparently there is no word yet whether there were loss of coins stolen by the attacker. What do you think will be the implications towards bitcoin as a whole?

I don't understand why ripple is there in the list. It doesn't have anything to relate to bitcoin or in any way contribute towards its development. At least coindesk deserves to be there. For me, the most interesting I see playing a role in the social media platform is changetip whereby it will definitely help to promote bitcoin and help towards adoption. And that is where small tipping matters.

I like the curve seen in the graph. And same goes for those people who were complaining about bitcoin price which kept on going down but little did they realize the fact that few years back, a unit of bitcoin was once worth only a penny compared to its current price of about 240 right now. So that is enough to convince it has already made leaps and bounds.