If Amazon and Ebay start to accept BTC as a currency then we will see the user base multiply very quickly, in turn causing BTC to hit all time highs.
Amazon pays around half all their entire profit yearly just for the transaction fees of the current payment systems they accept, using BTC would greatly increase their profit margin.
It might help to make Bitcoin a bit more popular, but I can't see Amazon making the Bitcoin userbase at least double. The price will most likely rice due to the fact that it is very good news, with a peak as result. People can already purchase stuff with Bitcoin at Amazong via purse.io.
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For the past few days I've been humoring myself by yankin' some dude's chain via PMs. Here's the last PM I just sent him, with all the others forthcoming so that you, too, could enjoy the experience. !!! WARNING: This user is a newbie. If you are expecting a message from a more veteran member, then this is an imposter !!! My brother got sick (anibia) I guess wrong spelling he had a bacteria on water , I gonna help my mama she got not enough money to buy some medicine, if I can loan on lending thread I will but my account not qualified to get a loan and I borrow on my friend this is a repayment schedule fuck this last I'm so disappointe dispressd ![Embarrassed](https://bitcointalk.org/Smileys/default/embarrassed.gif) Holy shit, man! Really? Bacteria on water? I had to Google that and read that people die from that shit. Hey, I don't think my $50 will be enough for you. Here's what I'm goin' to do for you. PM this guy (Mike) - https://bitcointalk.org/index.php?action=profile;u=35 - and tell him to give $500 worth of bitcoins outta my account.
Please let me know if you need more.
Your friend, BrunoLOL! This gave me a good laugh on a boring Sunday morning. These things are as funny as Nigerian Princes willing to share a $15 million heritage with you via email. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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It's the right time to hold. If you don't have any coins at this point, then definitely buy some! People who sell right now, take small profits compared to the long term growth that we can achieve. Don't wait any longer and buy buy buy!!
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It's always the same, people focus too much on peaks and bubbles. Focus on holding is a much better thing to do now we are less than a year away from the block halving. There won't be a bubble this year, just forget about it.
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Although Charlie Lee makes a nice analysis and has some valid arguments I suspect that the main agenda of why Charlie is promoting a block-size limit and a fixed minimum fee, where smaller crypto currencies can handle micro payments, is to support/promote LTC and not the health and future of the bitcoin network.
Why would he put Litecoin infront of Bitcoin? That doesn't make much sense to me. Yes, he is the creator of Litecoin, but I am fairly sure that he as person is realistic enough to know that Litecoin has no future at all. It's nothing more than a coin that is being used to make big profits by Litecoin whales.
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i think that buying 1 BTC today is certain profit with the halving coming up next year and stuff, you are on to a winner.
Yes buying one Bitcoin today is very beneficial it will come with a better return of investment as halving is coming up next, even I am gonna buy one BTC by January and keep it for as long term investment but it is bit difficult when the value of Bitcoin increases we are tempted to trade it for local currency. If you are tempted to sell when the price is increasing you either are about to make a great profit as you bought sub $200, or you have weak hands. All profits you take right now are nothing more than change. If you manage to find the dedication to hold your coins a few years, then you will look back and think 'glad I didn't sell back then'.
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I think crypto will not take fully currencies in the world. but only as a currency for conversion. perhaps the next 10 years digital currency will have a portion of which is comparable with the currency in the real world.
There isn't any digital currency that will take over or even replace fiat currencies. It will be a great alternative for people who are open to work with it. The majority of the people will stick to fiat, because they don't know better.
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Sometimes it takes hours for a transaction to be confirmed but sometimes a transaction can be confirmed within 10 minutes, so more miners it will take faster right?
It all depends on your transaction. If the priority is low and you add for example a fee of 0.00001, then yes, you may have to wait hours for your transaction to confirm. I once did a test with sending a few bitcoins that were sitting in one of my cold wallets for over a year without a fee, and they got confirmed within the first block. I also tested to send around 0.5BTC that was sitting just 1 day in my wallet without a fee. It took 82 blocks to confirm. I have to mention that it was a transaction where several smaller inputs were combined into 1 output. Priority is important. The longer your coins sit in your wallet, the earlier your transaction will confirm, even with a relatively small fee. Just make sure you add a fee.
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Is there a realistic reason why bitcoin could be banned? Because for now it is more like governments are inventing excuses to put bitcoin in bad light and then ban it; for example: it was used to pay ransom (once or twice) in Thailand and voila - bitcoin is banned there. I wonder how many times FIAT was used to pay ransom and nobody ever thought of banning it.
Governments can't do anything beside comming up with nonsense sanctions to push Bitcoin back. If they want to ban Bitcoin because Bitcoin was demanded as ransom by some criminals, then why don't governments ban Diamonds that are used to finance war in certain countries, why is the trade in physical gold not sanctioned because you can get cash money nearly everywhere for it within 5 minutes. The main thing is that these shitty governments see Bitcoin as a threat. And yes, Bitcoin can be a threat for them. But the advantage is much greater than the disadvantage if the governments were really caring about their people and their economy. They want to rule everything with iron fist, and don't want a "small" and fairly new digital currency to mess with that
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Short term (1-2 years) I wouldn't want to invest in oil, no matter how "low" the price may look. Don't forget that Iran is pumping real hard to spoil the market with oil, and I'm sure that won't stop the comming years. The market currently is flooded with oil, and thus the demand/price might tank even further.
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I never have to wait long for my transactions to confirm in the weekends. If I add a fee of 0.0001 it will mostly confirm within the first comming block. The delay in your transaction could be due to you combining a lot smaller "low priority" transactions into one larger transaction. Then it might take a few blocks to confirm, if not longer.
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Here we go! The bulls are coming to town already!
IMO yes, 2016 is the year of bitcoin.
We hear this every year. The only difference in 2016 is the block halving that will take place. That makes 2016 somewhat special, but it definitely won't be the year of Bitcoin.
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You know what I would like to have for a X-mas present a Bitcoin Mining that just use solor power. Than with that I wish that it can mine 0.5 bitcoin a month. That would be a nice gift for me. 500 dollars is also a good gift. I think if we reach 500 dollars it will go down, better for me because I can buy more.
Instead of waiting for the price to reach $500 and go down again, you can also buy the amount of coins you want, right now. People tend to wait way too long with buying as they hope the will go down. And once they finally are going to buy some coins, then that most likely will be at much higher price levels. Don't waste your time waiting, and buy now.
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Reaching $500 is not the problem. The biggest challenge is that we are not able to hold it at $500 if we reach it. Support is simply not strong enough.
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I don't think it's worth to trade or sell when the price is below $1000. I know some people do it because they want to make quick profits and buy again when the price drops again. I'm more of a patience person, I would rather wait until bitcoin reaches $1000 and then sell a part of my bitcoins and then when the price drops I will be able to buy again.
Traders make thousands/ten thoudsands of dollars worth of profit per month with the current volatility, and you say it's not worth to trade Bitcoin when the price is below $1000? The price doesn't matter. People are always able to make profits.
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Bitcoin is only for me worth of money. Is nice to buy some to just hold it and wait for the future. But actually is not that very worth for me, because my life is okey with just fiat money.
It should be worth a lot to you if you're holding and saving up for your future. That just doesn't make any sense. It should matter to you because you don't know what will happen with the value of bitcoin in the future. You should always keep an eye out on the price of bitcoin, no matter how long you are holding for. When some people say they are holding Bitcoin for the future, they mean to say; Yes. I am holding it for a few months.It takes a lot patience and dedication to be able to hold coins for at least a few years. It's easy to say 'I'm holding for the future', but the majority of people don't even dare to hold their coins for longer than 6 months in their wallet without touching them.
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I think $500 is the roof for this year. We'll probably touch it, but it will most likely fall back to stay below $500 for the rest of the year. We've seen this happen quite a few times already. Don't think it will be much different.
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# Registrar : Namecheap # Expiry : November 26, 2016 # Start bid : 0.05BTC # Minimum bid increments : 0.002BTC # Buy now : 0.25BTC # Auction duration : 24 hours after last bid. # WhoisGuard included. # Escrow possible.
Amazing domain that will gain a good amount of value throughout the years.
I will always ask you to send the funds to : 12oWtmuwHipw9rC9BYUuMGWMWB3RxMsxUN
By placing a bid you agree with :
# Winner of the auction pays first if you don't want to use escrow. # Transaction must be completed in less than 24 hours. # Private bidding is not accepted.
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I'll go for between $800-$1000. I do think the volatility at that day will be immense since people don't know what to expect. We might even see plenty of $50-$100 price swings on that day. Great for traders. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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