http://www.coindesk.com/market-research-giant-qualtrics-adds-bitcoin-reward-option/If you understand a bit the world of marketing and surveys you will be familiar with these guys... this is a big deal, these guys move massive amounts of traffic. I like the fact they get it and have a future vision on it: "Millennials are most familiar with and most likely to be part of the bitcoin movement. A lot of millennials are more on the cutting edge of bitcoin, and those are among the people that are most sought after for their insights right now."
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In this article they have mentioned that - Perhaps it is true that gold is no longer a reliable a store of value. Maybe bitcoin, land, or indeed cash, have taken over the as natural refuge in times of turmoil.
This is completely crap, who ever the author of this article do not have a long term view. One should know, gold always have a golden value that no investments can beat because this is a product of nature and limited. May for short period it may fall but surely it will regain its value sooner or later.
True, gold has been until today the #1 source of value, but that is no longer the case. Bitcoin is gold 2.0, it goes everything gold does, just better:  The only reason gold stays as the king of value is simply because of network effect and cultural phenomena, other that, objectively, Bitcoin is better. It's only a matter of making people understand how this is the case. |
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How is the IRL merchant adoption in japan? I wish It was big so I could make a visit to japan, always wanted to visit that place, and I wouldn't need to pay for fees to convert the money, I could pay directly with btc using the phone.
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I'm doubtful that 1 bitcoin will be equal to 5 million USD in my lifetime. That is a hell of a lot of money buddy. I'd settle for 1 bitcoin being 5,000 USD to be honest.
What makes you think 5 million USD bitcoin's are realistic within the next 10-20 years. Don't get me wrong, I hope you're right, I'll be cruising on yachts in Monaco, chilling with models, drinking expensive champagne but I doubt it's likely.
5,000 USD is absolute peanuts if we are heading towards being a global decentralized ledger. Math says that demand on such scale must make BTC at least 5 figures, if not 6. Not sure about 5MM but you never know. If you have a double figures BTC wallet I wouldn't comment it to anyone, you don't want to tell people, maybe in 10 years you become a target of chiefs and envious people that didn't invest. |
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Since 285 and want to commit suicide now.
which number should i call?
Please help me and all other bears!!!!!
if you want to follow a day-trading type pattern, you can try and ride the high and lows for quick profit; however, this is obviously risky. i think it is safe to say that you should first learn to how to take risks and cut losses and then enter bitcoin trading market. because otherwise you are going to lose all your investment and get depressed over it I am unable to cut loses. Everytime I sell Bitcoin I honestly feel like an idiot. The only logical strategy with Bitcoin for me is simply buying and holding monthly, acquiring more BTC monthly, no matter if its a little bit or an entire Bitcoin, just buy and hold. |
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The 280-300 territory is definitely a big consolidation now. I don't discard a certain correction tho, it could happen if ETH gets a good pump and some exchange it for ETH to try to benefit from it before the ICO holders dump ETH and crash it. We'll be back to 300+ eventually tho.
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http://money.cnn.com/2015/08/03/investing/puerto-rico-default/Damn, I can't believe this is happening so close, it's unbeliable but it was unavoidable. 58 million of unplayable fee. I really hope these guys don't get all of their money stolen. Only if we were in 2025 they could have had a chance with Bitcoin we are still on the very early days. And you know what is quite funny? The World's Largest Debtor Governments leader is US with debt of 18,540,448,667,000. Second place is UK with 9,590,995,000,000. We truly entered age of debt. Puerto Rico's debt is like one grain of sand on a desert compared to US debt. Does this means US will be defaulted in the future to? Source: https://en.wikipedia.org/wiki/List_of_countries_by_external_debtThe US is the motherhouse that can get away with printing as much money as they want and live under as much debt as they want and they seem to keep await with it, thats why i have my doubts it will ever default. |
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Yup you are right.
They steal our money legally by taxing us.
We can dodge taxes by using bitcoins.
How are you going to dodge taxes by using Bitcoin, specifically? When you buy Bitcoin do you really think that they don't know? of course they do, they will be suspicious that you are sending money to some weirdly located exchange, and exchanges nowadays need a lot of verifications. Even if you used LocalBitcoins, the bank movements are there and can raise eyebrows. Anything that has to do with fiat transactions they know. The ONLY way to securely avoid taxes is being paid under the table in Bitcoin, and NEVER cashing out. I can't think of a single way to do this. Signature campaigns pay nothing for example, you make more flipping burgers. So can't think of any other way to make the money without depending on the fiat system, showing credentials etc. |
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Why did you leave the cryptocurrency/bitcoin world anyway? 3 years is a long time, things have definitely evolved and uprooted from their previous state. 500,000 people use bitcoins everyday  My project idea is still in construction but I think that me and the people involved have learnt a lot about bitcoins and its time for us to contribute our time and skill into something we truly believe in  well back in the days I used bitcoin only in the field of mining so I was a miner more than someone who knows what bitcoin was in general until my video card said goodbye to me so I didn't tried to really mine after that and by then I was still busy with college and stuff so I kinda forgot it until lately I said it's time to give it another shot since I have more freedom in my time now I would advise you to use the skills you already have and connect them with bitcoins. A lot of people think that there are very low paying jobs or not enough jobs in the failed of cryptocurrency but actually that is nowhere close to the truth. There are many opportunities, people just fail to notice. I hope you make good use of opportunities you discover and do justice by it. Good luck. Can you tell me where those good paying jobs are? All jobs all I see are low paid, Amazon m-turk type of tasks. The serious big jobs are still being paid on fiat. As for creating businesses, I cant think of stuff that isn't already there. Casino, exchange, already existing business but accepting Bitcoin.. its not as easy. |
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I don't like to think about "what I will do when I get scammed" because I don't plan in getting scammed, thats why I avoid anything that looks like a scam, and for years this has worked, i've never gotten scammed. If I invested in a coin that didn't blow up and tanked it was my fault, i wasnt scammed.
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As defined by Andreas antonopoulos: "Bitcoin is programmable money." So basically, it's a currency, and it's a technology that allows for you to develop around it. It's essentially both.
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I am going to unmask Satoshi Nakamoto. Is the Bitcoin Talk Forum ready to meet Satoshi Nakamoto? When I will unmask the Real Satoshi Nakamoto what are you intend to ask him? Satoshi Nakamoto is a British Asian Digital Scientist who invented Bitcoin on the 9 May 2007 in Croydon South London. I have met him after two years of research on Bitcoin.
What is the deal with you? you seem to be posting this everywhere, I even received a PM. Can you please reveal whatever information you have on Satoshi Nakamoto and share it with us if you are serious at all? |
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On August 15th 2010, somebody found a buffer overflow exploit in the wxBitcoin client (which is now called Bitcoin Core) and used it to create 184,467,440,737 BTC (184 billion) out of thin air ( https://bitcointalk.org/index.php?topic=822.0 ). Just 5 hours later a new version of the Bitcoin client was published with a fix but in addition the blockchain was hard forked and the offending tx removed from it. If a serious issue like this was ever found in the Bitcoin Core client again, would the offending txs be removed again? if so, then why doesn't this happen when bugs are found in other clients? Does Bitcoin Core have some kind of privilege in this sense? or was this just a once off thing, or did the small bitcoin community at the time manage to get everyone to agree to have this tx removed? The chances of a hardfork on softwares get more and more slim as time goes back and the backbone of the software gets more solid. I think hardforks will be due blocksize increase if there isn't a way around it. |
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you mean that?   I remember this girl that started a business doing clothes and selling them off the internet instantly thanks to bitcoin, it's in a documentary where there is also varoufakis being interviewed, i cant find the link unfortunately. [/quote] I think he meant this documentary, i found it because on the thumbnail there is varoufakis: https://www.youtube.com/watch?v=_0dolA7NBbI |
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I agree with the fact knowing who Satoshi is not really important and could be used against us, since if the inventor has a certain past or political views the whole thing would be attacked on that level. Its better to have an anonymous figure.
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You can't realistically become a whale in Bitcoin at this point unless you are already rich, but you can control almost any alt market with 100 BTC.
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Look at the absolute state of the story in the OP I sometimes get pissed off that I only began investing in bitcoin in late 2013 but then I look at this & it makes me smile. 8600 getting sold for 5.25 USD each. Jesus Christ, this is why I'm glad I'm a HODLER. Whoever the story in the OP is based on should be in tears constantly or dead from a broken heart I can't wait to bump farting shot threads 3 years from now. I wish there was a time machine available so I could fastforward to 3 years from now, waiting is part of the thrill but in stable periods it gets so boring. More cheap BTC for me tho. |
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Bitcoin doesn't need anything physical to be backed with, scarcity has now been achieved digitally. I know the grandpas out there struggle to get this one.
Agree with the first part, but scarcity itself does not make Bitcoin into money. I would say it does have backing, not by something physical such as gold, or by the state, but by its expanding network of users. Well, fiat isn't scarce and is considered money because people use it to acquire goods and services which is all that matters for it to be money. But we can talk about what makes money quality money, and quality money needs to be scarce. |
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And who is the new owner?
Is it the Greek parliament that now belongs to Europe?
No, Greece sold mostly their rights of their infrastructure. Like airports, public transportation and ports. They will be managed and administrated by the debtors, so most or almost all profits will go to the debtors so Greece can pay their debt back. But Greece will default before 2017, almost 100% guaranteed, which means the Eurozone will lose everything they have on Greece. Sure Greece will be on a bad position for a while, maybe years, but it's the only way to make some progress. It's clear now there is no other way than defaulting. |
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I know many men who have worked hard all their life and are now old, poor men.
Working hard alone isn't good enough. You must work smart.
And I know many people who worked hardly, now their sons/daughters have been a rich person. Sometimes people do hard work not to enrich their selves, but for ensuring the future of their kids. Sometimes the shortcut is the best way to boost your chance to get rich be higher. It depends on what kind of shortcut you will do. And, actually people dont have any target for the amount they will reach. After they reach that amount, they will be greedy and raise the target every time.
If you mean cheating, scamming, etc in work and business as shortcut, then I think that yes one should never do that, it is against business ethics and you must respect rules and regulations. Honesty goes a long way, but I think manipulation could be a great tool if you are selling yourself or an idea. You must know how to be inside your investors mind or understand your customers' demand, and then provide your services in similar fashion Yeah I will never recommend any shortcut way, since most of them isnt a positive thing. People who too lazy to work but want to be rich always seek any shortcut to get it. It's impossible to get rich in a lifetime without taking some sort of shortcut. There are legal shortcuts, no need to get yourself in trouble. For example, buying a cheap altcoin that you might thing will explode in future is taking a shortcut, because it has a strong element of gamble. But without risk you will never most likely get rich. |
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