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There is full of empty replies in this thread. It all depends on how good you are in trading. I know that most of the people here that said yes are mostly losing traders and are not part of the top 10% of winning traders. So who are you to say that it is worth it?
Talking about volatility, when it is low it is the best time to buy because the prices are more stable. If you are a day trader and prefer more volatility then adapt with what the market is doing. Day trading is less profitable in the current condition of the market.
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The market is very fickle. The minute the OP decided to "cashout" the market thought to spite him and show everyone that the rise to above $1000 is not over yet. So what now to those who decided to hold fiat? Did you get back in or are you getting jittery again because you think you might be left behind again?
The best strategy for Bitcoin is "buy the dips".
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FYI:
BTC better learn from what happened to ixcoin, when their large PoW miners dropped off it was only finding a block every few days.
You cannot really think that do you? Bitcoin has already reached critical mass where it already has passed the ponzi scheme stage and it is already entering a stage where it is already has a circular economy. If the big miners drop off that will be a welcome ooportunity for the other miners waiting in line to make up for the gap. So it is not really comparable with Ixcoin. |
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I have been to a lot of different sites that claim to let you buy bitcoin instantly. Yet they seem to want you to get verified by uploading a passport or drivers license.
Which website can I use to buy bitcoin instantly, using a credit/debit card. And not spend time becoming verified.
You can buy bitcoin without verifying via ATM card/debit card/credit card. Here in my country, you can also buy bitcoin directly without using ATM card, because we have one merchant here who accepted bitcoin which is convenient store outlet that affiliated at coins.ph "PH"? That means that service is based and offered in the Philippines? What if I am in another country? How can someone buy Bitcoin from them? Do they require their customers to upload their ID and proof of address? The safest and most accessible for OP would be a Bitcoin ATM. It is fast and anonymous. But I believe you pay for a higher price than what is offered in the exchanges online. |
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But what about those markets that need Bitcoin for it to become efficient. The banks will not touch those markets because of regulatory issues so there is the second best thing. Bitcoin. If you are wondering what markets I am talking about it is the dark markets. There is also an opening market for the ransomware users and victims. Maybe soon the Mexican cartel will learn to use Bitcoin for their ransom demands, that is the organized crime market. Bitcoin cannot be compared to gold or the banking system because what you think it tries to be is not and it changes and evolves depending on who you are talking to or depending on who you see is using it. |
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One of the best ways is to use the marketplace of this forum. Many here discourage this because of the possibility of being scammed from both sides from the seller or buyer. I advice to look for trusted users in the forum and always use escrow. Most of them are free and are willing to help you.
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The more I try to understand BU the more it becomes very confusing for me. There are 3 nodes with 3 different settings. 1 type of node both the miners and full node operators can have, the other one is only for the miners and the last one only for the node operators? All of each have different settings. There was an article about it at Bitcoinmagazine, I will read it again later but it would be nice for its supporters to start an educational campaign about it to make us in the middle understand.
For me if there really is a need for a hard fork why not go for the 2mb blocksize of Bitcoin Classic?
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Everything is fine now. Can anyone give a report what really happened? kiklio mentioned that it was not a small fee issue but a miners not finding a block issue. It would be nice if someone who knows the more technical side of Bitcoin to explain what causes a no block found issue and if there is a fix for that.
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I see there are Bitcoiners here getting very jittery and they might be anticipating a market crash or something. The answer might not be to "cash out". You can get of both world by doing short selling. Short sell Bitcoin and profit from the fall if you think that is where it is going. The end result for you would be more Bitcoins.
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Could the real Satoshi Nakamoto be laughing at us right now? He is probably reading this thread and yelling in front of his computer screen "LOSERS YOU WILL NEVER CATCH ME!" and laughing really hard.
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Here we go again. Another transaction that was made over 3 hours ago and still no confirmations made. If this takes days then this is a first for me. I might tell Kwukduck I am sorry and that all hell will break loose in the forum soon.
It's funny how people like you keep complaining since the problem is obviously you not having included an appropriate fee according to the situation and byte weight of your transaction. Even with the recent spam attack I never had to wait very long to get my transactions confirmed. In 75% of the cases it got included in the next block, and if that didn't happen, then it got included in the block after that. Just adapt to the situation and don't be stingy when it comes to including proper fees. It will only work against you as it will make you wait and wait. People like me? When did you see me "keep complaining" in the forum about unconfirmed transactions? For your information I used my Blockchain wallet which chooses the "appropriate" fee for me. It is common knowledge that blockchain.info tend to set larger fees. According to kiklio the problem was this, and I quote Not a fee issue, it is a no block found issue. The Miners did not find a block for over an 1 hour 18 minutes , and they are still not finding blocks fast enough to catch up with the backlog of unconfirmed transactions. Now at 16355 Unconfirmed Transactions. https://blockchain.info/unconfirmed-transactions |
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Here we go again. Another transaction that was made over 3 hours ago and still no confirmations made. If this takes days then this is a first for me. I might tell Kwukduck I am sorry and that all hell will break loose in the forum soon.
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A lot can still go wrong with this experiment, so I would not pump a lot of my life savings into Bitcoin to protect my wealth.  As with other commodities, Bitcoin can also be manipulated.... it is much better than Fiat currencies, but it is still very volatile. Your wealth are
in the hands of a few developers and the consensus behind their decisions. {miners and individuals running nodes} You just made it harder to decide whether to go and depend in the hands of the Bitcoin developers and miners or go depend on the powers of the Illuminati. On one hand there is a possibility that our money goes "poof" and on the other hand you also have the same possibility. |
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That is the first Pete Rizzo article that I think is stupid and useless. Unless he already has the follow up story and has a solid lead on who Satoshi really is, I am quite disappointed that he came up with that article. He made me waste 5 min.s of my life by reading it.
Let me see if I got this straight. It took you five minutes to read a short article that takes most every other English speaking person in the world no more than one minute to read. On top of that, in the same sentence you expressed wasting your life by reading it in spite of clearly known to all reading this reply that you indeed got paid for your efforts via posting about your dreadful experience which includes a paid sig campaign below the fold that you're participating in, ergo not a waste. How close am I? In case you read a different article, the following is the article in question in its entirety:  That is the first Pete Rizzo article that I think is stupid and useless. Albeit not stupid, I'll give you one guess as to who penned the following article back in December 2015: http://www.coindesk.com/police-raid-home-of-alleged-bitcoin-creator-craig-wright/ HINT: He attended University of Massachusetts located in Amherst where Gavin Andresen currently resides, and has extensive experience managing teams of journalists and copywriters, guiding editorial content and larger product vision. Ok what I said is harsh. Maybe the word stupid is the wrong word to use, I should have used farfetched. I believe this is another wild goose chase just like what the journalist for Newsweek did. She pointed to Dorian Nakamoto which turned out to be the wrong. Also do not forget that this is a huge gamble for Pete Rizzo. The outcome of this story will make or break his career. I like him and his articles, please do not get me wrong. But this article honestly made my eyes roll and say "This again?" in my head. Or maybe it was the thread title having "definitive PROOF" that made me have high expectations. |
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FUD. I have made many transactions all with .0001 to .00015 each in fees and I have never encountered a transaction that took more than a day. Sometimes it took a few hours longer but it did not take very long. If what you say is true then there should be hell in this forum going on right now. Relax everything is alright.
The only reason there's no 'hell' on this forum is because the vast majority is delusional and everybody keeps telling everybody else to look the other way and everything is fine. Meanwhile the house is burning. Explain to me how the refusal of SegWit adoption and currently continuous full blocks are not a big problem, please enlighten me! Yes the blocks getting full is a big problem but it is not Bitcoin Armageddon like you want it to appear to be. Like I said, I have made transactions using the normal fees of .0001 and sometimes .00015 and have not encountered a transaction that took days. It is the same for a majority of people in this forum, there is not a huge problem like it was the end of the world. If there was it would be hell in this forum and the price would drop. |
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FUD. I have made many transactions all with .0001 to .00015 each in fees and I have never encountered a transaction that took more than a day. Sometimes it took a few hours longer but it did not take very long. If what you say is true then there should be hell in this forum going on right now. Relax everything is alright.
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That is the first Pete Rizzo article that I think is stupid and useless. Unless he already has the follow up story and has a solid lead on who Satoshi really is, I am quite disappointed that he came up with that article. He made me waste 5 min.s of my life by reading it.
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john nash was a maths guy not a code guy... keep trying though
I am not saying that John Nash is Satoshi but for the sake of discussion, was it not shown in the early versions of Bitcoin that the code was not really that good? The "developer", Satoshi, probably was not a good coder or might not even be a professional coder. He might really be a math guy who learned to code then created Bitcoin. |
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I read somewhere that Bitcoin is preparing for a hard fork, is this correct? If so what will the implications be and will some Bitcoiners be on a different chain? Please read the whole thread and research on Bitcoin more. I am giving you the benefit of the doubt here because I do not want to be quick to accuse you of being an alt account or part of a large group of spammers. I will report you next time. As BTC is so decentralized I do hope there will be enough developers to cope, especially with the transaction sizes.
This makes me think you really do not know anything which makes you undeserving to make posts anywhere except in the newbie section. |
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Bitcoin cannot be compared with gold. Gold is a precious metal. It can be used for many purpose. Bitcoin is also expensive. It can be considered as a saving if you are ready to take risk. We dont know the future of bitcoin. Because its price is volatile. Who knows if its price will crash tomorrow.Whatever we tell about bitcoin, its right, but after all its a man made software token. Nothing else. If someone hack any top bitcoin exchange or any firm ,thats it. Its price will crash. Imagine If its price crashs and becomes fews cents then there wont be any use with this bitcoin.
the technology behind bitcoin can also be used for multiple purpose, so this whole thing about gold being more important because it can be used on the real industry it's not a point so important anymore in favor of gold you can use the blockchain to build a great amount of stuff on it, it can make life easier for many developers What kind of "stuff" are you talking about? How can the blockchain make life easier for many developers? With what we are seeing right now it is making life harder for developers because they have to solve a new set of problems. One thing that made it easy for developers is getting funded by hyping the blockchain. All these blockchain pumpers will keep doing it as long as they can trick people into giving them money for "research and development". Which reminds me. What happened to the biggest VC funded Bitcoin startup, 21 Inc.? |
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