I just ordered a bitcoin shift debit card and I was wondering if anyone has any experience with it. The big problem with the bitpay one is many places online that put the number in, dont register it as a valid number. Has anyone ever had this problem with the shift US bitcoin card?
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I wouldnt be surprised at all if we have a bigger correction, because in reality we havent seen one yet. We have been moving up at levels that are really too fast for personal comfort. Im not selling anything, I hold all my coins, but I could definitely see us going down for a bit.
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Did they credit members on yobit, or are they just trading futures at the moment? I know there were a few sites that were crediting early.
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As much as I love high bitcoin prices, I expect us to probably go lower in the short term. Then again, I never expected we would be this high so fast. Its a marathon not a sprint for me though.
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If I get a 1% boost in the amount of coins I own, I would be very happy. I think futures are trading at .04-.05 I dont expect that to last at all.
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Exchanges run both, it will equal the same amount of bitcoin. Each world fiat currency has its own exchange rate.
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I dont really understand the context of the statement, but I would imagine they are saying its like pulling money out of the economy, but thats not true, its like trading two currencies.
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Bitcoin gold is looking worse and worse unfortunately. I dont really care about the premine, I just dont know if the replay protection they are claiming exists. The code doesnt seem to be that open and different implementations (one that removes the premine) are fighting for supremacy. I guess we will see what happens in the next week.
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This is exactly why I tell people we are still in early days. I mean we arent going to eat a majority portion of that money, but even just grabbing a small amount, we have a large potential for growth.
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Miners take fees, which are necessary because as the block reward gets smaller. Without a reward miners wont earn a profit.
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scaling is hard and transactions are more expensive than a regular database, but it has always meant to be that way. It is a trade off for security and censorship resistance.
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Universal basic income is a bit like this I guess, but things are a scarce resource and always will/have been. You cant give everyone anything they want simply because the amount doesnt exist.
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You can but you need to be really careful, especially if they dont go through with the level of replay protection they are claiming. Dont risk all your coins for a 2% boost.
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99 percent of ICOs are scams primarily because of the amount of money they raise. They arent worth the millions of dollars they are raising when a venture capitalist wouldnt even give them a couple hundred thousand. The majority arent good idea and are going to fail.
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ICOs are going to continue despite any sort of regulation. Too easy for people to get money without much work. They will probably get far less when people realize they arent making money but people will always fall for some.
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Dont listen to all the people here that are going to say things like "it isnt x coin is the best". Bitcoin has the smartest an best developers in the world who have been coding and working on forms of digital cash since the 90s. People who were cited in satoshi's white paper are developers for bitcoin.
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Just do what people are saying and invest in the coins. They have almost always outpaced anything else. Get a hardware wallet or paper wallet, load it and hide it somewhere. Every week/month or x amount of time, slowly add more.
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Hardware wallets, hardware wallets, hardware wallets. If I say it three times will people finally start getting the clue? They are so useful and great for long term storage. If you dont trust the tech, just generate a seed on them and write the seed down and use that as a paper wallet and store it. With bitcoin at 5500 now, losing that much because you dont want to buy a $70 investment is unforgivable. There was a dude who just lost 95 coins. Half a million dollars which could have been avoided.
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Investing in mining companies are usually a terrible idea, they almost always return a negative investment. Buying coins has been vastly more profitable than mining. There are a few exceptions but 99% of the time you will lose.
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Digital doesnt have to mean crypto, but yes it will and it is happening. China already has plans to get rid of cash and other places will follow suit. In 200 years people arent going to be lugging around cash, it makes no sense. Our economy with credit cards is mostly digital right now anyway.
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