Cash is liquid. You can pay for almost anything with cash. It is also much more stable and widely accepted.
Great! I want to buy your house with Zimbabwe dollars! Or do you prefer North Korean Won? Or would you like the most widely accepted cash on the planet, bitcoin? You can try to buy mine (after I pay the mortgage), lol. And unfortunately for most of the EU your example is plain wrong. Payments of over 10 000 euros are in all countries done only by bank transfer. So no, you won't be able to pay neither with cash nor with BTC. Also, I doubt you can buy a hut in Zimbabwe with bitcoins. And don't even try to post that African taxi with the BTC sign on it, please. I was just being silly. However You certainly can buy a house. I am currently looking for properties over 50 acres in Wisconsin. I have and will in the future make purchases over 10,000 Euro. And I will be in Africa this winter looking for land to buy. Such things happen all the time now. Look: http://bitcoin-realestate.com/
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What dump? Nobody bought any in the first place. There is nothing to dump.
What? Think about what u said. Yeah, what I said was not clear. I should have said something like nobody chose to redeem them. In any case, I think BCC has had it's 15 minuets of fame.
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What dump? Nobody bought any in the first place. There is nothing to dump.
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Cash is liquid. You can pay for almost anything with cash. It is also much more stable and widely accepted.
Great! I want to buy your house with Zimbabwe dollars! Or do you prefer North Korean Won? Or would you like the most widely accepted cash on the planet, bitcoin?
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There is absolutely nothing to this. It may be a good fiction novel, but there is no reality connected to this persistent idea that (a, the) government is going to outlaw bitcoin users. There has also never been a way purposed to do something like this. It is no concern at all. If you just like to worry, then worry about a loss of net neutrality. That could sink the ship.
never underestimate the powers of the dictate While we do currently have a wana-be dictator, a move on bitcoin will be ignored by America. Just as we ignore Trump's childish ideas about walls and executive orders. His foolishness will not be entertained.
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There is absolutely nothing to this. It may be a good fiction novel, but there is no reality connected to this persistent idea that (a, the) government is going to outlaw bitcoin users. There has also never been a way purposed to do something like this. It is no concern at all. If you just like to worry, then worry about a loss of net neutrality. That could sink the ship.
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@Starhop, Hey what did you find out? Was it still there?
And to anyone who may have found the cache, remember to mover it to a wallet you control by Jan. 1st. If it is not claimed I will be moving it to another remote place on planet Earth.
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On a related note bitcoin is NOT limited to being called bitcoin. Just a few tiny tweaks and it could be called bitloin. Woah. Think about that!
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The day we change the 21 million limit is the day bitcoin becomes valueless. I would divest at least 90% of my coins and move into gold. Not that this is going to happen.
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Alt-coins are great way for "investors" to lose all their money.
There is absolutely nothing stopping bitcoin from being worth 100x what it is now. If there is crypto in the future there will almost certainly be bitcoin. The Alt-coins come and go like rainstorms. I think they are 99% a scam and a joke. Alts are for people who don't understand bitcoin.
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That's some weak FUD bro.
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Well let's see. 1. You can use cash bills as toilet paper. 2. Cash bills only work locally so you wont accidentally spend them abroad. With cash you are reminded of this by paying large fees to turn your dollars into Euros or Yen. And they "remind" you on the way home with more fees! 3. With cash you get the special feeling of uniqueness because you cant back it up and losing it means LOSING it. 4. With cash you get to participate in the banks plan for you. God bless them for allowing us to pay them. 5. Bitcoin burdens us with the weight of having to deal with wealth. The bitcoins I bought for $.70 have gone up thousands of times, it's daunting. But with dollars we have seen a loss of about $.93 since they were introduced by the Federal reserve. Mo money mo problems! Not with dollars though. 6. Try snorting a line of coke with bitcoin. Bills for the win! 7. With bitcoin you may become a hermit because they can be used online. Dollars get you out into the world and offer social contact while sitting in traffic or in line at the mall. So dollar bills are better because they are more expensive to use in fewer locations, you can't own them, and they decrease in value over time. Perfect for toilet paper.
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Since 99.999% of "Technical analysis" is utter bull shit I suggest you make it up like everyone else. If you think TA is real then show me who has it right. And not somebody who got it right once, someone who gets it right consistently. Anyone can be the blind squirrel who found a nut. But the reality is that even the top analysts who watch the NYSE rarely do better then random chance. And they look at a market where all the data are available. The bitcoin market is far far harder to interpret.
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Then problem I see with capitalism is that is has been "gamed" to be profoundly unfair. If markets and individuals really were able to compete equally, then capitalism would reward hard work. As it stands the wealthy have locked up the system to preclude anyone from getting ahead. So they just leach off the work of normal people while contributing almost nothing.
I doubt that can stand for another 20 years. There are changes coming.
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I don't understand the question? You are asking if it is too late to use money. No. you can use money whenever you like. The OP is seeking an advice whether it is too late to buy bitcoin, he might want to ride on a train with currently price versus previous BTC price. Anyone wants this answer as it is an equivalent to an easy money, however, there is no easy money nowadays. I guess I get where that's coming from, but keep these fact in mind. Bitcoin was not envisioned as an investment. You can, but it is really just money. Nobody knows the future, bitcoin could be 10x the price by next year or not. Those wanting to enter the BTC economy can do so at any time and for very little money. "Bitcoin is too expensive" is an argument based on misunderstanding. It is like saying gold is too expensive because you saw the per Oz. price. Well an Oz. is an arbitrary amount of gold just as 1BTC is an arbitrary amount of bitcoin.
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Yes there are many negative happening nw in bitcoin. Like BTC-e down server almost 66,000 Bitcoins here are invest of peoples . and if the money cannot back maybe the negative will be added because this is another biggest dump in all altcoins Markets. Be ready for your self there are many negative hapend and its continued until we reach august 1Others say that if there are so much negative There are also many positive things to happened
I don't see the situation at BTC-e as negative. Anyone trading on an unlicensed exchange should expect to lose all their money. I would be very surprised if anyone got a single Satoshi back.
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They laundered money, they got caught, they go to jail. This has nothing to do with bitcoin.
If anyone thinks that any government is going to allow tax evasion or money laundering... Well, that must be some sweet weed your smoking.
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Guys the money is gone. They are not coming back. There is no authority that is going to give back money from a money laundering operation. If you want those coins you are going to have to bid when the government actions them off.
Lesson learned? Don't give your coins to Russian organized crime and think they are going to take care of you. Use only Legal, registered exchanges in your country.
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I don't understand the question? You are asking if it is too late to use money. No. you can use money whenever you like.
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