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9881  Bitcoin / Bitcoin Discussion / Re: Waiting for the day when Amazon & eBay accept BTC on: December 21, 2015, 11:13:27 AM
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.
9882  Other / Meta / Re: theymos is gonna kill me! on: December 20, 2015, 10:56:51 AM
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  Sad and I borrow on my friend this is a repayment schedule fuck this last I'm so disappointe dispressd  Embarrassed

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, Bruno


LOL! This gave me a good laugh on a boring Sunday morning. Cheesy

These things are as funny as Nigerian Princes willing to share a $15 million heritage with you via email. Cheesy
9883  Economy / Speculation / Re: BUY or SELL bitcoins ? What you prefer ? on: December 20, 2015, 10:43:29 AM
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!!
9884  Economy / Speculation / Re: The Christmas 2015 Bubble on: December 20, 2015, 10:40:36 AM
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.
9885  Bitcoin / Press / Re: 2015-12-19] Coindesk.com - Eating the bitcoin cake on: December 20, 2015, 09:55:27 AM
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.
9886  Economy / Auctions / Re: [Domain] CoinPay.co on: December 20, 2015, 09:41:39 AM
Bump.
9887  Economy / Economics / Re: Is it a good long term investment to buy 1 BTC today? on: December 19, 2015, 11:28:08 AM
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'.
9888  Economy / Speculation / Re: How long will it take? on: December 19, 2015, 11:19:28 AM
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.
9889  Bitcoin / Bitcoin Discussion / Re: Bitcoin Confirmation Speed on: December 19, 2015, 10:33:32 AM
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.
9890  Bitcoin / Bitcoin Discussion / Re: What would happen if BTC was Banned? on: December 19, 2015, 10:24:13 AM
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
9891  Economy / Economics / Re: Long term OIL on: December 19, 2015, 10:15:41 AM
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.

9892  Bitcoin / Bitcoin Discussion / Re: Transactions taking very long time to Confirm on Weekends and Friday nights on: December 19, 2015, 10:08:11 AM
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.
9893  Other / Off-topic / Re: 2016, The Year of Bitcoin? on: December 19, 2015, 10:02:47 AM
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.
9894  Economy / Speculation / Re: 500$ as a X-mas present on: December 18, 2015, 12:01:23 PM
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 $500 and go down again, you can also buy the amount of coins you want, right now. People tend to wait way too long with buying as they hope the will go down. And once they finally are going to buy some coins, then that most likely will be at much higher price levels. Don't waste your time waiting, and buy now.
9895  Economy / Speculation / Re: BTC going up for 500$ again ? ::) on: December 18, 2015, 11:56:42 AM
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.
9896  Economy / Economics / Re: Is it worth it to trade bitcoin over the holidays -- Christmas and New Year? on: December 18, 2015, 11:53:20 AM
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.
9897  Economy / Economics / Re: Bitcoin worth to you or not... on: December 18, 2015, 11:00:30 AM
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.
9898  Economy / Speculation / Re: Big Rally In Progress! on: December 18, 2015, 10:52:02 AM
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.
9899  Economy / Auctions / [Domain] BuyXBT.co on: December 18, 2015, 10:49:46 AM
# 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.
9900  Economy / Speculation / Re: July 20, 2016, the block halving date, what will the price be? on: December 17, 2015, 11:46:46 AM
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
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