being one in a million is one of those interesting topics in bitcoin if you ask me. we all know that there will only be 21 million maximum bitcoins available (ignoring the number of coins lost). so if you have 21 bitcoins you can be one in a million. now we all know there are 7.5 billion people in the whole world and there is a very limited supply of bitcoin available. The following is the cost of being 1 in a million throughout the past years. * bubbles are ignored and price is average | Year | | | 21BTC cost | | 2008-2010 | | | Practically free! | | 2010 | | | $3.7 | | 2011 | | | $84 | | 2012 | | | $188 | | 2013 | | | $2,200 | | 2014 | | | $9,030 | | 2015 | | | $5,670 | | 2016 | | | $12,117 | | 2017 | | | $21,210 Today's price |
when you look at things like that, they seem pretty ridiculous that once you could be 1 in a million with only 3 bucks but today you have to pay 21 grand to be 1 in a millionit will be hard now to become one of those who hold 21 bitcoin it only possible if you will inviest or your an early adopter when the price is low |
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We know that bitcoin is strong and all the wallets have milletry grade security but one of my stupid friend today said that maybe someone can hack it with just a calculater because with math and correct formulas we can even predict gambling bets if that is possible then maybe there is any chance of this
it strong and it keep stronger in term of security it will only be possible for your friend if he/she have a better knowledge than the thousand computer that keep on calculating bitcoin network |
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There is a thread about recomendations for the best wallet to use, but not all practice what they preach, so this poll is to see what people are actually using.
I understand that some people use multiple wallets of different kinds, so this poll asks which wallet is most used, this can be measured either by quantity of bitcoin or ammount of transactions.
if people hold not much bitcoin they usually use web wallet or exchange wallet but if you they hold a lot they use Wallet for desktop for security and peace of mind |
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Bitcoin is the future of money, or so they say.
I would like to hear your opinions on Why should people use Bitcoin?
we cant say that bitcoin is the future money but maybe just an alternative for atm card or something we already using physical money for a long time so i think it will be hard to change it |
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Only 21 millions people out of 7+ Billions people to become millionaires are being created in public
You've heard it right. There are currently 21 million millionaires are being created in public.
Hint: 21 million bitcoins.
it will not make 21 million people millionaires because some hold more than just 1 bitcoin |
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do you have available slot for jr member i would like to join  User: BeManga Postion to Apply: jr. Member Posts Start: 39 Address: (13YFWZiL6Fi7DMzVrjaYjiuoWZwFMzWWQL) |
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do you have available slot for jr member i would like to join User: BeManga Postion to Apply: jr. Member Posts Start: 38 Address: (13YFWZiL6Fi7DMzVrjaYjiuoWZwFMzWWQL ) |
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satoshi is the one who create bitcoin mine bitcoin early days but the coin and possible coin he have still not move until now we can say if he still have the coin there a possibility of sudden crash in the price for his bitcoin address you can see it in blockchain and start in block 1 as of now if they say he hold 1million btc its worth more than $1 billion so we can say that he worth $1 billion today |
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...
- Alts work like a testnet for bitcoins (looking forward seeing Litecoin with SegWit)
- Once an alt feature looks working it might get adopted no matter onchain or in a side chain. (RSK)
- Alts mostly need bitcoin to trade and some bitcoins might be always reserved / locked for this.
- Alts might help to generate a closed bitcoin economy
My favorit comes here:
- Alts work like an infinite fear generator (Hydra) against any try of regulators to bring bitcoin down, since there are too many to kill and its very easy to just create a new one (like a Hydra cannot be killed by chopping off some heads, even the biggest one!) > crypto world is anti fragile and it will stay on this solar system from year 2009 on.
Any other things missing here?
alt is needed because its one of the reason why bitcoin keep growing one of the thing is trading |
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How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?
as long as many user use bitcoin to buy and accepting for their product i think end of bitcoin will not come we can only say its the end when bitcoin stop working properly |
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Bitcoin is the future of money, or so they say.
I would like to hear your opinions on Why should people use Bitcoin?
it can be the future money or not one of the main reason why i use bitcoin because its easy to use |
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What if bitcoin gains much more value than you anticipate? So what happens when 1 satoshi reaches the price of 1 dollar?
What kind of arrangement is made if payment is requested as Cent? Can the bitcoin core be modified?
if that will happen in the future you will start to think if you will send bitcoin or not because of its fee |
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Domain : BTCvalue.co
Registrar : NameCheap
Expiry : Mar 11, 2018
Start bid : 0.1 BTC
Minimum bid increments : 0.01 BTC
BIN : 10 BTC
Auction end 24 hours after last bid.
Potential : Bitcoin Value have 100k - 1m avarage monthly search and low competion
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Domain : BTCexchange.co
Registrar : NameCheap
Expiry : Mar 11, 2018
Start bid : 0.1BTC
Minimum bid increments : 0.01 BTC
BIN : 10 BTC
Auction end 24 hours after last bid.
Potential : Bitcoin Exchange have 10k - 100k avarage monthly search and moderate competion
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