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Actually I'm more interested in your thoughts in general. Even if they are simply along the lines of "let's wait and see". I'm of the opinion that since the scaling issue hasn't been resolved, this is probably a pre auction pump that will get dumped soon. So I don't think we can go much higher than this. Do you think it will be a slow downtrend from here? Do you believe we will be revisiting near 200$ price? On the other hand how far up do you think this rally can go? And finally would it be a good idea to buy a small portion of coins as a hedge just in case of a lift off or do you think that's not worth it?
I don't think it's a pre auction pump - simply too much volume. But either way the rate of ascent doesn't look too sustainable. But considering that we are dealing with Bitcoin here it is perfectly normal at the same time..  So l just put my prediction here: 1. Quick rise into the $400-450 range. 2. Quick drop into the $300-350 range. 3. Several weeks of sideways movement. |
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Lol at Gavin suddenly behaving like Mr. Consensus: "we at Core" "maybe Adam's right" etc.
But it's good that he's adjusted from the "XT, ransom-demand-as-a-proposal" antics. If we're playing in the arena of ideas again, which involves discussion, not unilateralism, then we will see whether the arguments of the BIP101 camp can stand up.
Gavin knows that he lost the power game. Now he desperately tries to remain relevant. Adam and most other Core developers clearly have the more convincing arguments. The smear tactics used against Blockstream won't change that. I trust them more than a guy who accepted an invitation to the CIA and uses his publicity to aggressively push a half-baked idea. |
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This fork thing is hurting BTC
Yes. I think the unjustified Gavin-hype will soon come to an end when people feel the results of the hostile fork. If you ask me, Gavin should leave Bitcoin Core asap. |
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My question is, what cryptocurrensy has the necessary code to make it insusceptible to the 51% attack? LTC? NXTCOIN?
Let's Discus.. This is important.
Important for whom? Only for those who want to create some altcoin pump. You're free to choose from hundreds of altcoins that - of course - are all somehow better than Bitcoin. Make your choice and enjoy the results... Since I'm not that wise and a little bit lazy, I will just keep my Bitcoin and loose everything. |
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I first heard about Bitcoin during the first Mt.Gox bubble, when Bitcoin reached $30. However I didn't get in that early. Those were crazy times.  |
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For the believers, it's easy to see Bitcoin will prevail in the long run. It's logical to see how its benefits will eventually win the hearts and minds of the people. Just keep your head up
For believers everything is easy to see, because they believe... I think you don't have to believe in Bitcoin, even if you take an analytical approach it's pretty clear that it's a much better money system than the corrupt one we have now. |
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If more and more retailers will start to accept bitcoin when main economy is still based on FIATS. Then you know what happen? Retailers will start to sell bitcoin for money as they earn it.
It will made bitcoin price go lower. Bitcoin no longer will be investment asset but instead a payment method. I am not sure that everyone here is aware of that. We can lose our coins.
I doubt it. You forget that retailers are people, too. So when more retailers accept Bitcoin, more retailers will be able to buy things form other retailers using Bitcoin. Apart from that, to spend Bitcoin, people need to buy it first. So the only reasonable expectation from increased Bitcoin acceptance is an increase in demand for Bitcoin which will in turn lead to higher prices. |
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I don't understand why anyone cares what Russia does. Russia is a little impoverished crime ridden country. Unless you're dying to buy some borscht with Bitcoin on your next vacation forget about Russia.
Stereotypes anyone? What's true is, that the ability to effectively enforce laws in Russia is lower than in the US. |
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I wish people would stop selling.
If we all HODL for a couple of years & limit supply the price would be great.
It has always been difficult to educated people doing the right thing.  That's why there is an elite of a few visionaries within an ocean of ordinary people... |
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Whether newbie or not - it's never advisable to buy anything through paypal if there are alternatives and it's even less advisable to buy Bitcoin through paypal. Either use the ordinary exchanges or buy with cash in person. This way you will only risk the cash at hand and will not provoke arbitrary seizure of all your funds in your paypal account. |
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I've learned something new today. Thanks to the thread starter for asking this question. Address starting with 3 is a multisignature address, a address requiring 2-of-3 signatures to be able to be spent. It is an address associated with more than one ECDSA private key. It is usually used as cold storage as it is harder for one to steal 2 private keys compared to 1. It can also be a protection against malware as you could keep the keys on separate computers. Keeping one of the three keys safety is also a good practice, if one of the keys is lost, the bitcoin can still be spent using 2 of the remaining keys. It can also be shared between multiple people, majority of the people can vote and spend the coin.
That is really useful. I've already asked myself if it would be possible to "split" the key for security reasons and have some kind of fallback in case I loose one part. Great to see that a solution exists already. |
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Yesterday's freedom fighters become today's dictators.
That's how evolution goes on forever and forever...
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Very nice! It's great to see precious metals and Bitcoin joining hands... goodbye fiat money... The more companies doing this, the better. |
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I don't use Skype and would not recommend it to anyone.
It's spyware.
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I hope we will see some bitcoin only auction houses where you can buy all kind of (cheap) stuff from private individuals.
Just like eBay used to be in its infancy, before it followed the Amazon model.
That would be great.
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If you like to play games pick some really good computer games.
If you want to earn bitcoin, work for it or sell things you don't need.
Playing games to earn bitcoin is not efficient. Payouts are just dust and not worth your time.
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If you want to run a full node, just run bitcoin-qt and forward port 8333 on your machine. https://bitcointalk.org/index.php?topic=128122.0The CPU usage and RAM usage would be pretty low, but then you should notice a big jump in your bandwidth usage. CPU usage is substantial on my laptop during synchronization and on incoming transactions. Of course it's an older model. If you want to help the network the CPU should be able to validate transactions quickly enough. |
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I think the only true way to love yourself is to know yourself. You have to learn to differentiate between external demands and pressures vs. your own wants and needs. You have to focus on your innermost being. Then you will discover that you're worthy to exist in your own right, even if you don't fit perfectly into the outside world.
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I think they're blocking Bitcoin related links. Try some mundane link.
EDIT: I just confirmed my theory: Tiger Woods mmmkay. Bitcoin no mmmkay.
If that is true, it leaves a very bad taste....  I don't use twitter, but I think it is not unrealistic to assume that governments try to influence public opinion at services like twitter through censorship and content manipulation. We don't know if twitter is forced to do this or if they are doing it proactively. |
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