I wonder why did he remain anonymous for such a long time? Wasn't he a member of this forum too? If he's the creator, he should be the one promoting this currency instead of hiding his identity.
an e-currency with a creator would have been same as any other shitcoin.  BTC had a mistery...that sold LOL |
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Live Bitcoin prices are based on either the minimum or maximum value of the bBitcoin price.
I think that some sites simply try to compete with others to get the best Bitcoin price whilst still making a profit.
Sites like YObit sell bitcoins at a cheaper rate as they are just an exchange to allow for an escrow between the buyers and sellers.
Sites like Coinbase have higher prices as they are more trusted and won't (or at least shouldn't) run away withyour Bitcoins as they are more trustworthy.
It's almost the same. it's not half from Coinbase and others. |
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Sell everything and buy land. It cheaper than in 2008 and it will remain forever. You can leave it to your kids, you can sell when you want. It will always has some value |
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We ourselves are making it so that is a good question but its also simple to answer it, we are making the bitcoin it its now.
The price is coming from selling and buying the bitcoin itself.
Yes, this is the way in a normal market. All the exchangers are using trading bots who are making a lot of fake transactions so that it appear to have a lot of customers. What you don't see, it's the IN and OUT transactions. None of these exchangers are showing them. Why? Remember how MTGox manipulated the whole market with their Willy bot and it only owned 75% at that time.... Okcoin has 90% |
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Yes price is directly proportional to demand, but it is determined by big whales, and their big walls can
encourage us to buy or to sell, plus they speculate on major social network so that is how price is created..
Demand is only used by whales for hype.
Do you really think this high value per bitcoin can still be manipulated by a single person? It might be possible if it was Bill gates or the Rothschild family. it can be manipulated by a cartel of exchangers and IT IS. The so called "whales" are few. The price is made by 4-5 exchangers There are many whales. 4-5 exchanges cannot control the majority of the bitcoin trading volume. Yes, they can. Example: OKCOIN controls 90% from all the exchanges(volume) and along with Bistamp, Coinbase, Bitfinex and BTC China, control 99%. It's so easy to manipulate the price with the bots |
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Yes price is directly proportional to demand, but it is determined by big whales, and their big walls can
encourage us to buy or to sell, plus they speculate on major social network so that is how price is created..
Demand is only used by whales for hype.
Do you really think this high value per bitcoin can still be manipulated by a single person? It might be possible if it was Bill gates or the Rothschild family. it can be manipulated by a cartel of exchangers and IT IS. The so called "whales" are few. The price is made by 4-5 exchangers |
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What will happen if we run out of Bitcoin? I think the supply is 20,000,000 BTC and that we already have more than half of that. What will we do when BTC stops being mined?
That's the concept... Eventually, the block reward will be almost nothing... Dust... By then, the transaction fees should be enough to cover the mining expenses. If the fees aren't enough, most miners will stop mining, the diff will drop and the leftover miners will find more blocks, thus claiming more fees. What (hopefully) also will happen, is by then a lot of coins will be lost + a lot of extra users will use bitcoin, so the price will rise exponentially, which is great for early adopters  and how BTC can become mainstream(a currency) in this way? it's a non sense and it shows that BTC system is weak. |
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trying to lure the real satoshi maybe? or to push his big blocks agenda to further centralize bitcoin? ( gavin seems desperate to get a block increase so i wouldnt be surprised if he went as far to get his point accross)
The big blocks agenda will be done because the big exchangers like Coinbase, their twin brother Bitstamp, BTC China, OK Coin, Circle, Xapo, Bitfinex want big blocks what are you going to do if the biggest exchangers will fork to "big blocks" BTC? " will you not use it anymore. come on! be realistic These exchanges have been wanting bigger blocks for more than a year so i ask why are they not forking? what are they waiting for? A controversial hard fork would very likely undermine confidence in the whole system and send the price back to 2 digits and these companies are well aware of that. So no it's not as simple as you think. come on! be realistic They will this year for sure. they have to prepare everything and they come with an announcement over night:) the users will have no choice and they will stick with the new e-currency created I don't think you understand the economics behind bitcoin or maybe you just a troll i think you have horse glasses. what economy are you talking about? the black market one? BTC is full, FULL of shits. I think you are just a tinny "speculator" and nothing more. the REAL base of BTC is the black market not "speculators" The BTC is based on HYIPs, fake forex and many derivates from these ... without them, BTC would worth pennies. |
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trying to lure the real satoshi maybe? or to push his big blocks agenda to further centralize bitcoin? ( gavin seems desperate to get a block increase so i wouldnt be surprised if he went as far to get his point accross)
The big blocks agenda will be done because the big exchangers like Coinbase, their twin brother Bitstamp, BTC China, OK Coin, Circle, Xapo, Bitfinex want big blocks what are you going to do if the biggest exchangers will fork to "big blocks" BTC? " will you not use it anymore. come on! be realistic These exchanges have been wanting bigger blocks for more than a year so i ask why are they not forking? what are they waiting for? A controversial hard fork would very likely undermine confidence in the whole system and send the price back to 2 digits and these companies are well aware of that. So no it's not as simple as you think. come on! be realistic They will this year for sure. they have to prepare everything and they come with an announcement over night:) the users will have no choice and they will stick with the new e-currency created |
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trying to lure the real satoshi maybe? or to push his big blocks agenda to further centralize bitcoin? ( gavin seems desperate to get a block increase so i wouldnt be surprised if he went as far to get his point accross)
The big blocks agenda will be done because the big exchangers like Coinbase, their twin brother Bitstamp, BTC China, OK Coin, Circle, Xapo, Bitfinex want big blocks what are you going to do if the biggest exchangers will fork to "big blocks" BTC? " will you not use it anymore. come on! be realistic |
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The entire BTC is shady. the black market who is 90% from BTC, to miners and exchangers. almost everything is shady when it's about Bitcoin lol yet over 200,000 legitimate business accept bitcoin. you might aswell call FIAT shady because of the street drug deals in detroit and the prostitution on the red-light district. along with all the fiat money laundering in HSBC bank. aswell as the bribes and blackmails of government officials. not only that but the banker bailouts and banker bonuses while simultaneously making millions of people homeless in fact, you cannot buy almost anything with BTC because BTC was not made as a currency. it's VERY hard to be understand of the normal people. 200.000 biz on paper. in reality are not even half... |
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Gavin has responded on Reddit: https://www.reddit.com/r/btc/comments/4hfyyo/gavin_can_you_please_detail_all_parts_of_the/d2plyggCraig signed a message that I chose ("Gavin's favorite number is eleven. CSW" if I recall correctly) using the private key from block number 1.
That signature was copied on to a clean usb stick I brought with me to London, and then validated on a brand-new laptop with a freshly downloaded copy of electrum.
I was not allowed to keep the message or laptop (fear it would leak before Official Announcement).
I don't have an explanation for the funky OpenSSL procedure in his blog post. this sounds like the stupidest thing to me. we are talking about bitcoin here so all those news sites that are spreading this news should start with a signed message from the known satoshi bitcoin addresses or keys. hiding it and not publishing the singed message publicly sounds to me like a shady thing. The entire BTC is shady. the black market who is 90% from BTC, to miners and exchangers. almost everything is shady when it's about Bitcoin |
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Who cares? The BTC myth disappeared and the people who intended to use BTC for "i don't know what reason", will stay away this is ANOTHER scandal which will bring no benefits to BTC but only more attention from authorities and more regulation over exchangers |
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The Bitcoin era as it is, it will be ended very soon. The myth disappeared. BTC is like any shitcoin |
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well, the end of BTC is near once the creator was revealed . the myth that attracted people is over. BTC is like Litecoin or Shitcoin |
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I use exchanges that don't require me to be verified. But then I don't usually trade more than 10k USD at a time.
you can do that but do not complain on forums if an exchanger will steal your funds They don't require me to be verified, but they are licensed by the financial thingy in their country. So, they probably verify me through my deposit method or something. Doesn't matter. The coins disappear once I've bought them. Bitcoin cannot be regulated because there is no central power it was never about BTC regulation but about the ones who are the "middle" man(exchangers) between you, as user and BTC as e-currency. |
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The Chinese volumes are rigged. Most of the exchanges offer near-Zero fees, and therefore the users tend to indulge in a lot of margin trading. If you exempt the margin trading volumes, then it can be seen that the maximum exchange volumes are from the United States. China will be in the 3rd or 4th position (behind the European Union, and possibly Russia).
rigged in this case means price manipulation; BIG manipulation which is illegal in a normal industry |
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Of all the exchanges, no other exchange can beat Chinese exchanges in terms of fees.
Many folks from Europe need to wake up, only USA can compete with China now.
they can "beat" them if they create a bot who can make more fake transactions than theirs |
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the most worried thing is that "nobody" cares about that That is a lit bit worrying, since it should be decentralized. but then again china hold real large positions in the bonds market too. so not quite something bad right? what does have the bonds market with the niche BTC market? " it should be decentralized" but it's not. the exchangers are "centralized" and i don't see any small effort from companies to develop something decentralized. it's obvious why |
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the most worried thing is that "nobody" cares about that |
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