But what do you think about the possible impact of such an optimistic prediction made by Bloomberg on potential Bitcoin investors? Aren't we witnessing an effect right now?
It depends on how much someone thinks Bloomberg is an influential and important medium that can influence the broad masses? If we start from the assumption that they are the number 1 in terms of business news globally, then such speculation could have some impact on price. I have no specific data to say how influential they are, except for this article which gives some basic information about the most influential media when it comes to business news. And as for the effect, I wouldn't say I see it personally - because people aren't so naive as to invest based on newspaper headlines (at least not most), and the events of 2017/18 are still relatively fresh. It should not be forgotten that the price of BTC before the pandemic was almost identical to what it is today, so all these speculations should be taken with great caution. As I already wrote in another topic, if BTC follows the usual pattern of the last two halvings, then it is possible that in Q4 there we may see a bull run that will push us towards $20 000, which would then be a great starting point for a new big bull run in 2021.
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Seems that they don't pay back the fund to the address which coins had been sent from. They send back bitcoins only to the coinbase wallet... So, no one should use Overstock. Because they only refund bitcoins to coinbase wallet and the user will have to pass KYC in coinbase to withdraw bitcoins.
What a strange business policy, as if someone wants to show how complicated it is to pay something with BTC. Although I've never used Overstock, this is a good warning to stay away from companies like this.
As for CoinPayments, I've used them a lot in the past - I've even been in their signature campaign. What I do know is that any seller can set a time in which payment must be made, and few times I also missed that timeline. In this case, it is best to contact the seller directly because he can manually extend the time and accept the transaction, or ask for a refund from CoinPayments, which in some cases will not be possible if it is a very small amount.
vegasreb, can you try to ask Overstock to manually extend time for your payment on CoinPayments which would completely solve your problem. They will get BTC, you get your order and there is no need for refund.
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@Lucius how did the customer service issue I noticed on page 2 turn out?
In short, I stopped using the service after my subscription expired because I was dissatisfied with the fact that the service was no longer at the level of what it was in the beginning. Of course, in my case, it was not IPTV, but another service offered by the OP. I can't say anything about IPTV, so it's best to take a test and try it out - but you need to take into account the speed of your internet, and the specifications of your box (CPU/RAM) to make everything run smoothly. Of course, everything should be arranged on the side of the OP, so there are a lot of factors in the game. My recommendation, after the test do not take a subscription for the whole year - 1 or 3 months may be a little more expensive, but a safer option if something goes in the wrong direction.
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After all my rumbling, what did you realize? Is donating through bitcoin better than using banks or digital money services? Have you ever ask yourself how your donations were used? Had you been a responsible donator or just blindly doing it?
I have personally sent several donations for one of the projects listed in the OP, and I can say that I am completely satisfied with the degree of transparency achieved by donating in this way. On the other hand, I avoid any large so-called charities like UNICEF, whose members receive huge salaries for their work, and of course instead of helping children share profits with banks. Of course when we talk about charity on this forum we can also talk about it being done by people who have a certain reputation and trust, which is only complemented by the use of publicly displayed transactions. Of course, this does not mean that every charity project outside the forum would be really fair and honest just because it uses BTC as a means of donating. Although this way of donation narrows the possibilities of manipulation, in the end it all comes down to who manages these funds. I have to admit that I have really high criteria when it comes to charity projects, and that I have a zero tolerance rate towards those who exploit children, the sick and the weak for their own self-interest. In real life, I always help directly, which means that I give into the hands of those I see that they really need, which I would definitely recommend to everyone instead of sending money to so-called humanitarian organizations (of course there are some exceptions).
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If you read the article, then clearly you can see on what they based this speculation. They first cite the pandemic as a possible accelerator of "Bitcoin’s maturation as an asset", and then they add the story of how Grayscale is buying more new mined BTC than what is currently being produced. It’s all nicely packaged, but will one institution lead to a new ATH this year? Tether is also mentioned in the article, and fact we have today $10 billion of USDT, compared to $4 billion in May last year. I’ve never liked the idea of someone printing digital money without them actually having real money coverage, in this case US $. It is a known fact that as far as Tether things are concerned, things are not very clean, and that a certain percentage of USDT is probably on the market without any basis for issuing it. If that means that someone will use such an asset to buy a BTC and pump up its price, and then sell it for a fiat - it is nothing but money laundering, that is, a legal replacement of the useless for the useful. And not only that, experts from Bloomberg say that it is possible that by the end of the year the price will reach even $28 000, because last year high was $14 000, so I guess they think it’s normal that we have at least 100% growth every year ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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$1 trillion per Bitcoin, or a $1 trillion market cap? It's already been over $300 billion before, so achieving $1 trillion is certainly within the realm of possibility.
If you had read the first few posts and clicked on the link in post number 4, you would have seen that at least according to the author of the article it is about the amount of $1 trillion per BTC, and not about market cap. If we were talking about $1 trillion MC, then in that case the price of 1 BTC would be around $50 000. For all the other questions read my previous post, I think I have somewhat explained what this is all about.
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Pompliano just didn’t say when that bull market at least roughly starts, maybe every time the price of Bitcoin reaches $10k? Although I have nothing against giving advice, such influential people should be careful when making such statements. I can't judge if this was just a joke (it seems from some of his comments), or he just doesn't understand what a bull market is.
I advise you not to follow the advice of these so-called experts, they are just influencers who make money through social networks with such or similar statements. Bull run can probably happen at any time, but if we take into account the current economic situation in the world, this is a time period in which such chances are very small or almost non-existent.
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I don't think the real satoshi will ever step in... If he was interested/alive/available he would have stepped in a long, long time ago.
Even if that happened, would Faketoshi stop claiming that he was actually the real Satoshi? Well of course that wouldn’t happen, because people like CW never give up, even if faced with indisputable facts in court. For such people there is the term pathological liar, and I don't think there's much more to say about it. If, on the other hand, I were to think in the direction of some conspiracy theory, then I might think that this whole show might be aimed at actually trying to provoke the real Satoshi to react to the lies being spread by the CW. I wouldn’t be surprised if this annoying worm actually works for some three letter agency that uses it as bait to try to catch the real Satoshi.
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If only the value of BTC in relation to fiat or gold is important, then we are in trouble for the simple reason that we are practically worthless when comparing BTC with all other markets. OP opinion is very common, not only among ordinary users, but also among the big players who will reportedly join the BTC project only when it reaches the $1 trillion market cap.
But while it may sound strange, Bitcoin is much more than the value we measure in gold or fiat, it is a technology that surpasses them both in any sense, a new age technology that is just beginning to seriously penetrate current financial systems. Ordinary people find it difficult to accept because it is still a bit complicated, and those who rule the world have always aspired to a centralized system and have nightmares of power really passing into the hands of the people.
Although some disagree that Bitcoin is still in its early stages, I would not agree that it was possible to achieve more in just 11 years of existence, which is realistically a very short period of time. It is my opinion that Bitcoin should be understood primarily as a technology of the future, and not just as a means of getting rich quick.
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So, I come to the conclusion that it is better to store cryptocurrencies on hardware wallets, and that exchanges are only for trading, not for long holding of cryptocurrencies.
It is good that you have come to that conclusion, because the vast majority still do not understand that one of the key things in crypto is for everyone to be their own bank. The fact that millions of BTC (only Coinbase is holding almost 1 million BTC), is under full control of crypto exchanges is really worrying given that Bitcoin should be decentralized in terms of ownership, and that there should be no Bitcoin banks. On the other hand, we know that many people trade on a daily basis, and we know that withdrawal fees are not low which certainly prevents many from storing their coins in relative safety of desktop/hardware wallets. But even though online wallets are insecure due to the constant possibility of hacking, phishing and privacy violations (KYC data stolen/shared with third parties) the fact that someone is using a hardware wallet does not mean absolute security. However, I am of the opinion that security measures have significantly improved in the last few years on crypto exchanges (at least as far as those big players are concerned), and that most of the funds are stored in cold storage wallets. So most funds are relatively secure, but as I mentioned before, everyone should be in control of their private keys, because that’s the only thing that makes sense when it comes to BTC.
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I would personally choose Crypto Keys. They look like real keys we use everyday, and they also survived all tests.
Definitely one of the options I would personally consider, cheap + easy + proven fire, acid and high pressure resistant. It also comes bundled with 3D printed stamp holder (as option), and all that for $35. Cheapest option: - Buy Copper plate at your local shop, and carve your own seed words ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) The simplest and cheapest solution, in any case much better than plain paper that is in a common place in the house/apartment, exposed to fire, curious pets or children looking for any available paper for their artwork.
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Anyway, have you watch the video first? and can you show me when/where he mention Bitcoin price be worth "$1,000,000,000,000"? because I only read "$100,000"
Well this one is even much worse than McAfee with its $1 million fake speculation, because millions don't seem to be enough anymore, so they went over trillions because that sounds a lot nicer, and of course there are a lot more zeros. It’s all part of the game, because such people can afford to say whatever they want, their reputation is ultimately paid with money. Given the number of Bitcoins (total supply 21 million), the assumption that 1 could be worth as much as $1 trillion is actually ridiculous, and leads us to the conclusion that 10 BTC would be more valuable than the whole market cap of gold, or that 100 BTC can have a higher value than all fiat in the world. One thing I have no doubt about, people in high positions obviously have access to some very strong substances - and under their influence they obviously talk nonsense ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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We are currently the number one bitcoin escrow site in the world.
This is the first time I've heard of your company, and honestly your website doesn’t seem too professional considering the business you do. Also, some people accuse you of writing false reviews in your favor, and there are a solid number of dissatisfied users. If anyone needs to escrow on this forum, there are members who have proven themselves over the years -> BitcoinTalk's ESCROW Providershttps://www.trustpilot.com/review/escrow.com
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It can be confusing and users changing their name has got me a couple of times in the past, but I'm not against it.
I agree that sometimes it can be confusing when one of the more famous members changes the display name, and I have to admit that I was quite confused a few times until I didn't even know it was possible to do so. While I understand that some people have a need to do so for privacy reasons, I still wouldn’t completely agree that changing the name is something that should be made so easy (or maybe I’m wrong in that regard?) What I would suggest when there is a change of name is that the new name should be followed by the old name, of course written in a smaller font and not too emphasized to be confusing. So at least there would be some time period in which everyone else could get used to or become aware that this is the same user who just changed the name. Of course, those who do that to protect their privacy could be exempt from this, if they could prove it.
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even though it was a little advertisement for bitcoin but yeah, i didn't see any connections between the two either. i saw some people linking the two together and suggesting there is a link which is why i was curious to know what everyone else on bitcointalk thought about it. in any case the bears succeeded in pushing the price down below $10k again so i guess it doesn't matter now ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Whenever there is a change in price, either up or down, various analysts and experts try to justify it with some news or event. I think some whales use it very skillfully to manipulate the market, so then we witness this crazy pumps&dumps. When I say crazy, I mean first of all on the perception of those people who find it incredible that something is worth $9500 today and $10500 tomorrow morning, and then it is back to the same value after 24 hours. So we can say that Grayscale was positive news, and riots in the USA is negative news, the second nullified the first and again we are back to the starting point. For experienced traders and for those who have significant quantities of the same for trading, such opportunities are perfect for quick profits. Personally, I do not hope that something more significant can happen in Q3 and that there will be many more such price changes in the coming months. If we look back and the first two halving, the best we can expect is to have a small bull run in Q4 which would end the year in maybe even 100% price increase.
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In addition, some argue that there are ways that the lost coins can be recovered - truth or myth, judge for yourself ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) If it happens that lost bitcoin can be recovered by his ways then I'm quitting. If there's a way to break into bitcoin's security then it's futile to use it right? I’m not technically savvy enough to see if it’s possible to do something like that, but the whole thing is actually based on luck and the power of mining chips this user is using for his treasure hunter device. The specific case is focused only on wallets up to 2012 and on Legacy addresses, but it definitely wouldn’t look good if it’s really feasible. This is kinda off the topic @Lucius but I love your avatar, I'm fond of her beauty.
I share your opinion about MM, and since I'm a big fan of her character and the movies she's acted in, this was just a small token of attention in her honor on the occasion of her birthday.
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Nice looking images. Thanks for providing this additional information. Interesting read for sure.
Definitely something that gives a much clearer picture in case someone decides to invest in this type of protection. There is the old saying "Not all that shines is gold", and it is obvious that there are a lot of such products on the market, some of which are definitely not reliable. How long will your average paper last in fire? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Note: Plates are made from Aluminium, but not the characters. Like it was stated before. Plain paper will burn even if it is caught by the flame of an ordinary match or candle, but here we cannot put things in that context (unless we are joking of course). Aluminum housing is really not a good idea because it deforms at relatively low temperatures (when we talk about fires), and characters in that case can be made of the most resistant material in the world, but if they fall out of the housing we can no longer say we have a backup (at least not 100% correct one). Looks like the best alternative for this purpose would be:
The author of the test eventually concludes that his choice would be Quadrat Register because "device is built like a tank and I suspect could survive getting run over by one", but quality comes at a price of 365 EUR.
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I'm guessing the slowness is because your wallet is encrypted and the node will slow you don't because of the time it'll take to confirm your request there and I wouldn't suggest not keeping an encrypted file so a new wallet is probabky the best way to go...
These should be basic things for experienced members who have been sharing tips for years when it comes to Electrum. Your suggestion that the wallet is slow because it is encrypted is actually completely missed. Electrum always has a problem with a large number of addresses and a large number of transactions, which results in very slow synchronization and freezing when sending a transaction. If you already share tips, it wouldn’t be bad to read the Electrum FAQ. This might happen if you are trying to spend a large number of transaction outputs (for example, if you have collected hundreds of donations from a Bitcoin faucet). When you send Bitcoins, Electrum looks for unspent coins that are in your wallet in order to create a new transaction. Unspent coins can have different values, much like physical coins and bills.
If this happens, you should consolidate your transaction inputs by sending smaller amounts of bitcoins to one of your wallet addresses; this would be the equivalent of exchanging a stack of nickels for a dollar bill.
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Bitcoin is not like a bank meaning that cannot be used as inheritance. So will it live only on our era? Will it be lost in the future?
Exactly the opposite from what you think, the fewer available Bitcoins on the market, the higher their price will be, assuming that there is a demand in the future. Probably today's price is also a result of the fact that maybe several million Bitcoins were lost in the first few years when people didn’t believe too much that the whole thing would literally explode a few years later. Yet I believe that people have become much more cautious especially after 2017, and that some new losses will not be as dramatic as in the past. In addition, some argue that there are ways that the lost coins can be recovered - truth or myth, judge for yourself ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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what do we think about relationship between this rise and the past couple of days of riots in US?
Except for those few protesters who carried signs "Bitcoin will save us", I personally don’t see any connection between price growth and protests in the US. There have been protests before, due to the similar events, but they have not changed anything for the better. The government most likely played the strongest possible card, using gang violence to remove those legitimate peaceful protesters from the streets.
I would rather connect this growth with the news that has been circulating in the crypto media for several days now, and now it has very likely reached the mainstream media as well. The key word is Grayscale. If we are looking for a positive reason we definitely have it, of course with the fact that halving happened recently and that most of the world is slowly recovering from the effects of the pandemic.
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