Bitcoin price matter for future payment,its must be have stable price,but as crypto currency,its doesnt matter
you are right, mass need a stable price for their currency, I'm quite confused with it, what the price of bitcoin can be stable in the future or not ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif) Yeah, I wonder when gold will be ready for mass adoption since it went from 1900$ to 1000$ per ounce in just four years time. The price of bitcoin matters depending on the use case. Isn't Bitcoin awesome, so versatile and we haven't seen nothing yet! if even the price of gold can not be stable with its 6T market cap, how can someone believe that bitcoin can be stable with its silly 5B market bitcoin in the future can be as unstable as gold, but with a much higher value, i would not be surprised to see big swings from 10k to 50k...
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The price cannot be predicted. Only the major adoption news of bitcoin will increase the price. Nothing else.
Yes the price cannot be predicted otherwise we would all be billionaires and a billion would be worth nothing ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) . TA can be done to determine the general direction of the market, it's no more than an educated guess that will give you a few percent better chances. News is most likely not the main driver of increasing prices. First of all bitcoin news happens after something happens with bitcoin not before. So news will only act as an accelerator. actually if everyone had the chance to predict the price, nobody would gain anything, so no billionaires at all we would end with a sum zero game
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You guys are very optimistic 10k a coin, I'm certainly hoping to goes to that price but come on now 10k a coin is = around x28 current price = around 140B marketcap, how this is not sustainable, still a very tiny marketcap if you ask me That price requires much broader adoption than what we have nowadays in order to be sustainable. I am not sure based on what you draw the conclusion that such pricing is realistic (or even a bit undervalued if I read your post well). It is actually much harder to move the price from sub $1 to $100 than from $100 to $10k, although each time it is a 100-fold increase. Bitcoin would need much broader user base and more fundamental developments (e.g., ETFs, etc.) to support that. Otherwise we talk about one off speculation event similar to the Mt.Gox in the end of 2013. we moved the price from 100 to 1200 in no time, so i'm not really in agreement on this, if there are there right people behind the pump it can increase easily if you add to this the right adoption 10k does not look so hard to achieve, and certainly not the final target of bitcoin
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by looking at this forum, id say 80% of users are 'poor', this is obvious by the amount of people raiding faucets and doing sigcampaigns to earn $15 a week.
more like 75 a week(with 2-3 hours a day, which if you think about it would be comparable to a full time job that earn 1k a month for 8 hours a day) but whatever, many prefer to earn bitcoin directly without the need to covnert to avoid taxes and shit like that, i don't like being tracked and exchanging fiat for bitcoin is the perfect way to be tracked
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PayPal because many online stores accept PayPal.
but not amazon and ebayl also is not partenered with it anymore, so the two big business thing does not accept paypal anymore, but instead you can buy on amazon through purse io with bitcoin so why i should choose paypal now? bitcoin is more accepted or accepted at a better place online
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i'd rather spend say $400 on something else sorry. For a lot of the world's population 1 single Bitcoin is or was a months rent.
yeah but they do not need to buy one bitcoin, they could simply buy 1/10 or 1/100 of it, which is nothing at the moment, for the reason everyone know, which is a ridiculous market cap but hose 1/10 or 1/100 might be a very good amount in the future
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i think there is some confusion here, some users think you're talking about wallet, other address
i have 3 wallet, the two for cold storage have only two three address, the hot wallet instead has many i didn't count them, but i create every once in a while, if i move big funds
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paper money will always exist,it never have ending,you know so many countries use paper money for payment. but i also believe that sometime paper money will not popular again,but it just on a big country like US,and never end in small country.
In my opinion paper money will disappear one day but that day is still very far away. Imagine in the next 100 years people will use paper money? I don't think so. This will gradually become the reality and we should accept it If it would take 100 years then I think we should not be worried about it at present, because I don't think we are gonna live that long ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) and what you said is correct its not easy for paper money to disappear so easily as the market cap of paper is more and people have more faith in paper money. Just pure speculative it can happen in 25 years! 50 years! We don't know actually. Technology is changing everyday, credit card is widely adopted or the least is ATM card, internet banking, paypal, cryptocurrency,... Everything is reducing the control of paper money The fact is people use paper money more then any other currency, there are people who even don't use ATM or Credit Cards so for them using digital currency is far away as they are used to it and mainly the older generation would never use any digital currency as they are scared of internet and everything associated with it. and how they get paper money without atm? employees are not payed in cash anymore, it's also illegal unless you do that unregulated job...
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not buying at the moment, but earning it directly, which is much better imho
but usually when i see a long stagnation, like it was with the 230 mark
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You guys are very optimistic 10k a coin, I'm certainly hoping to goes to that price but come on now 10k a coin is = around x28 current price = around 140B marketcap, how this is not sustainable, still a very tiny marketcap if you ask me
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nope.. never have ..way too expensive.
if you take into account that there are only 21M(in reality much less available) how the hell it's too expensive, actually is very very cheap as an asset bitcoin value should be in the range of trillion to be not undervalued, which is 70k per bitcoin
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the price is fluctuating a lot right now because of the black friday though im afraid that the price can go down a lot after a few days after this event i dont know if i should sell my btc
The price did not go down at all. It is just between $340 to $360. So there is not much effect of black friday. it work like that, big manipultor increase the price --> waiting for average joe to enter, if they do not enter in the market, they will stop, you get the current type of pump otherwise they will continue for the next wave of average joe, then, they dump at random and take the few coins of the average joe this is certainly sure for small exchange with low volume
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Doesn't make much sense for a dump right now
Why not? Most of the merchants who sold goods/Digital Goods for bitcoins on black friday will want to cash out into fiat. and why? they can hold like any other human, and speculate, or simply use those bitcoin to buy thing that they needed, without dumping each time remember that the final point of bitcoin, is to be used without the need of fiat
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Yes, it's complicated.
The people that need Bitcoin will learn to use it.
what is complicated exactly about using bitcoin? spending coins is complicated? the fee? i can only agree about the deep miners aspect and how the whole hash thing work, but the simpel suage of bitcoin is far from complicated btc address = IBAN, coins = numbers like in fiat, fees are automated in the client, no need to worry, very simple now, what is really hard and not complicated is educating average joe to not lose their coins for whatever reason...
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Please stop talking about signature campaigns! 1 BTC in a year of posting? Freaking SPAM! STOP IT! Just stop! I have 76 Bitcoin, need proof? PM me for a BTC address, I will have zero, then bam.. proof. I didn't get it by freaking spamming stupid bitcoin dice or some junk. There is no free lunch. Stop listening to broke ass people for financial advice!
and where did you get those coins? by scamming, which is far worse than sig spam, or by legittimate good trading? because right now there ar eno other way(mining i'm assuming is not your case)
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Why do you consider bitcoin to have failed? The price is not the only thing, or even the main thing that measures the 'success' of Bitcoin.
but it measure perfectly its feilure, if the price reach zero you know it was a fail because i doubt many will continue to use it at zero value... the numbers of users using it is another good indicator
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If you want to do it fast and quick, i'd suggest joining a signature campaign, that's an easy way to earn bitcoin.
I wouldn't waste my time with faucets.
Well if you know alot of Bitcoin than yes faucets is just waste of time. But there is alot of newbies that they just don't understand about bitcoin and they just say some bullshit things. For me Faucets was a good thing to do, you can learn how Bitcoin works and faucets is free. Yes, Faucets are more better than Mining with your Mining equipment. Because no miner is giving you returns (ROI) on your investment for a long time. But faucets are free to play and nothing to loose. This is all about FREE Bitcoins ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) signature is also free to "play" and there is nothing you can lose, if you post right, if you fear the ban than maybe it's not for you to join but otherwise it is the best earning you can get faucets are only for new people that know nothing about bitcoin, not certainly for earning, but there was a time where faucets were good for earning, it was at the beginning
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It's not one of the big performers.. I think this one might be the one though.. https://www.youtube.com/watch?v=Um63OQz3bjo with 6,534,874 views so far. The most straight forward questions should in theory get the most attention, and I think this is why " What is Cryptocurrency " got that many views. The urban Youtube myth that every 1000 views = $10 income, would have earned that video $5000 .....Not. what is the actual income per x viewers? seems the guys in the OP got $2.5mill from youtube with their combined video's since they began. and $2mill from in-video sponsoring (eg mentioning feathercoin) http://www3.forbes.com/business/the-worlds-top-earning-youtube-stars-2015/7/it was like $5 for every 1k view or 2.5$ if i'm not mistaken, so 1M is $2.5M, but then you should factors fake view, done with vpn/vps or what you want with 6M view it's a good exposure for bitcoin already
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