Bitcoin Forum
May 28, 2024, 03:30:17 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1] 2 3 4 5 »
1  Bitcoin / Bitcoin Discussion / Re: Bitcoin is it the Future of Banking ? on: October 26, 2017, 01:25:46 AM
IMO Bitcoin is not going to completely replace banking but rather be a option for people to use in the future. eg, at checkouts you will have the option to use bitcoin along with cash, credit card, debit card etc.
2  Other / Beginners & Help / Re: Did satoshi Nakamoto used Bitcointalk forum? on: October 25, 2017, 01:41:42 AM
Yes satoshi founded this forum and used it before he went inactive in the community
3  Bitcoin / Bitcoin Discussion / Re: Bitcoin transaction is still pending. on: October 24, 2017, 12:25:00 AM
The fee is slightly on the low side and there are currently quite a lot of unconfirmed transactions in the mempool right now. Just wait, the transaction will go through eventually.
4  Bitcoin / Bitcoin Discussion / Re: Why and Who ALLOW the Bitcoin Hardfork? on: October 23, 2017, 01:37:00 AM
Bitcoin is permission-less, so by it's design anyone can copy and hardfork it. Anyone can make a "bitcoin dog" or whatever anytime. The question is whether you can rally a community around your hardfork so the coin actually has value, this is much harder to do. I imagine in the future crappy hardforks will be harder and harder to pull off as people start to see they have no real value. Right now there is a tendency for people to see it has free money which gives the new coin some value.
5  Economy / Speculation / Re: What will happen on nov 25? on: October 22, 2017, 01:26:39 AM
People are only buying now so they can get the forked coins. After the fork the price will go down by quite a bit, then it will be a good time to buy
6  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin even still usable for low-income and unbanked people? on: October 21, 2017, 01:15:23 AM
There has always been a idealistic thought that bitcoin will be useful to unbanked people. I don't think that is possible yet due to fees and usability. In the future with lightning network and better wallets, maybe. But we still have a long way to go.
7  Bitcoin / Bitcoin Discussion / Re: where do I place 100k? on: October 20, 2017, 01:50:37 AM
I would say bitcoin. The important thing is to buy small amounts at a time spread over a period of time. eg around $1000 a day. Bitcoin is at all time highs, personally I would average in to reduce risk.
8  Bitcoin / Bitcoin Discussion / Re: Russia is turning the nuclear power plant into mining field. on: October 19, 2017, 01:32:05 AM
Russia seems to be really upping their game in the crypto field. Very good for bitcoin decentralization.
9  Bitcoin / Bitcoin Discussion / Re: Is Putin going to run his own ICO? on: October 18, 2017, 01:35:23 AM
Makes sense that governments will try to replicate crypto currencies in the fiat system. I imagine all currencies being digitized in the future with bitcoin being one of the options that people can choose to use.
10  Bitcoin / Bitcoin Discussion / Re: Will a fork of Bitcoin ever take over? on: October 17, 2017, 01:17:30 AM
It is possible a future of fork will take over bitcoin but these upcoming forks will not.
11  Bitcoin / Bitcoin Discussion / Re: Bitcoin Gold and Segwit2x upcoming forks on: October 16, 2017, 01:15:39 AM
Some people love the free money, but it seems really bad for Bitcoin long-term.

It should not affect bitcoin long term at all. It will just cause short term price swings because the market must price the new coins.
12  Bitcoin / Bitcoin Discussion / Re: Reduce transaction fees for bitcoin payments on: October 15, 2017, 12:42:07 AM
You need to use a wallet that lets you manually set the transaction fee. If your transaction is not urgent you can set a very low fee and it will still confirm after a while.
13  Bitcoin / Bitcoin Discussion / Re: Bitcoin Silver on: October 14, 2017, 12:26:54 AM
These forks will have to stop at some point when everyone realizes they are worthless. Until then use it as a free dividend to accumulate more bitcoin
14  Bitcoin / Bitcoin Discussion / Re: How I lost 95 Bitcoin on: October 11, 2017, 12:59:22 AM
So sorry for your loss. Thanks for sharing your story
15  Bitcoin / Bitcoin Discussion / Re: Can cryptocurrency make real money disappear? on: October 09, 2017, 03:46:48 AM
There is no chance that government backed money will disappear. They simply have too much institutional support that bitcoin cannot match.

The end game for bitcoin is to be a competitor to traditional money and offer a choice for people to use a decentralized censorship resistant money.
16  Economy / Speculation / Re: How MUCH will the FINAL BTC be WORTH? on: October 08, 2017, 01:26:54 AM
Bitcoin won't go up forever. By it's own definition that it is a currency, the end game is for bitcoin to have a stable price once adoption reaches equilibrium. It could be a very high price but not a forever rising price. No point predicting what it will be, pretty much impossible to predict.
17  Bitcoin / Bitcoin Discussion / Re: Bitcoin fork worries. on: October 05, 2017, 01:29:27 AM
Don't worry about the fork. You will get some free coins to increase your bitcoin holdings.
18  Other / Off-topic / Re: Bitcoin is not gambling on: October 04, 2017, 03:08:10 AM
People say bitcoin is gambling because it is a speculative asset. Be honest with yourself, most new people here got into bitcoin to make a quick buck, they don't believe in the technology, they are not here for a long term and will be selling if bitcoin drops more than 50%. Bitcoin is gambling if you are speculating on short term profits
19  Bitcoin / Bitcoin Discussion / Re: DId anyone get investigated when they cashed out a lot of bitcoin? on: October 04, 2017, 03:04:05 AM
If you have a record of where the money comes from you will be fine. Make sure you understand the tax implications of cashing out bitcoin, best talk to an accountant beforehand.
20  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin Fork on: October 03, 2017, 01:51:37 AM
Any information to verify this statement.   

" Those holding BTC during the fork (from Oct 25th to Nov 1st) will be eligible for free BitcoinGold."

Thanks 

Yes this is true. A fork by definition means you will get the same balance of bitcoin gold in your existing bitcoin addresses.
Pages: [1] 2 3 4 5 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!