 Show Posts
|
|
Pages: [1] 2 3 4 5 6 7 »
|
Bitcoin Talk Name: Captimiz Bitcoin Talk Profile: https://bitcointalk.org/index.php?action=profile;u=852512Rank: Full Member Post Count (including this post): 133 BTC Address: 12989bH665ePQBHS8bjbBzanS1G5VZ9RtA ETH Address: 0xE66AccBbd1e468004af8eF28FA9A2177ffadA8AE Will change signature if accepted. |
|
|
|
|
An increasing number of retailers (mainly online) are starting to accept bitcoins. But is there any actual research to show accepting bitcoins increases sale of goods. A good example would be a very stable company that makes $10k revenue per month accepting bitcoins and the next month they make $14k. This would show accepting bitcoins increased sales by 40%.
As a bonus, the research could also show if there is a bigger increase in sales for online retailers compared to physical retailers accepting bitcoins. This could encourage more stores to accept bitcoins.
|
|
|
|
Does it make any sense to buy Bitcoin now? Isn't the price too high? Will it ever offer 30 000% returns?
The best time to buy bitcoins is when a supposed 'crash' happens. A good example of this would be yesterday, when prices fell to $13k and it has risen again today to $15k. If you bought bitcoins yesterday, you would've made a very large immediate profit. I would say now is still a good time to buy as the prices are still recovering. Also, if you buy at a peak and see prices fall, don't panic sell as this will result in a loss. If you do buy at a peak, just ignore short term price movements and keep holding onto you bitcoins. |
|
|
|
Bitcoin was invented to disrupt "PayPal" because paypal was built on an idea of centralization which is not helping people from other countries. Yet, bitcoin has restored that very stolen idea of decentralization and freedom to the people. People are now using bitcoin all over the world because it's fast, secure, decentralized, and low fees in-terms of transferring value between two parties. Finally, but not least... Bitcoins has changed many people lives more than anything since the invention of the internet! What is your thought about this? Share with us what you think.  Yes, I would argue its the biggest technological invention of the century. I mean, nothing else invented this century really compares to the amount of convenience bitcoin offers and the fact that it is not controllable by government. Processors and graphics cards have only increased linearly, video quality has not hit any major milestones, so bitcoin is the winner for me. Also, the huge price rises in 2017 shows that bitcoin is now mainstream and and increasing number of retailers are starting to accept it. |
|
|
|
I dont think that it will get back to $20000 again, but all those who sold before are now buying back, so yes, the huge marketcap that bitcoin lost yesterday is going back to bitcoin again.
Maybe it wont touch $20k, but $17 - $18 thousand dollars are a realistic price.
I don't see why it won't go back to the long term trend. I mean, the rise in bitcoin prices was never a bubble, its all about the rising difficulty. Also remember the last time it crashed $18k to $14k and people said it could never go higher than $18k (this happened less than a month ago), but than bitcoin prices not only rapidly recovered but they exceeded the $18k threshold and hit almost $20k. I see no reason as to why a similar thing to this will happen again before year end. |
|
|
|
|
Given the average energy cost of such a miner, almost certainly not. Even if electricity was free, you would soon be making pennies as we head into 2018. If this was two years ago, I would say go for it, 200GH might even be considered a solid investment. At present, I say a 1TH miner is barely enough to profit on, ideally you want around 10TH to have some solid profits. Lets not forget, the top mining farms control several PH and there is no way this miner will ever be able to compete with them. I would also recommend not solo mining with anything less than 100TH as there is a very low chance of mining 1 BTC in an average week.
|
|
|
|
|
Prices have already recovered to $15k according to preev. So, is it possible for bitcoin prices to return to its $19k peak by year eand if we follow current trend. The prices were at about $13k yesterday and today its risen by $2k. If it rises like this everyday until the end of the year, we might even exceed the bitcoin peak.
One thing is clear though, all the doomsayers who claimed the bubble was popping are wrong. The recovery is clear and that drop was nothing short of a miscalculation by investors, who now realise their mistakes and are buying back bitcoins.
|
|
|
|
|
Bitcoin will recover, the current fall in price is just people cashing out before Christmas and then investors see this and assume its bitcoin's bubble popping. But the Bitcoins price is not a bubble, it's price rise is due the rate at which bitcoin mining difficulty keeps increasing, which has made nearly all home GPU miners redundant and unprofitable and now only big mining farms can keep up, so its essentially these farms and large pools which control the flow of most bitcoins. As most of these guys are holding and spending, supply is low and demand is high and this keeps prices rising.
|
|
|
|
|
See, more and more governments are starting to adopt bitcoins. This adoption is great for price and also acts as a safety net preventing the value of bitcoins from sinking too deep. I estimate if even half the governments around the world were to adopt bitcoins, the price will become a lot more stable and the value of bitcoins could exceed $30,000. By adopt I don't just mean legalising it, but the government actually encouraging mining and even investing into bitcoins themselves. It's also a great way for government to have some permanent assets in case their own currency experiences rapid depreciation.
|
|
|
|
|
Under no scenario is everyone in the whole world going to suddenly stop using bitcoins (this is the only way price can fall to zero). Its very easy to simply open up a new bitcoin wallet and transactions are very easy. Even if there was a very large government crackdown, the price could fall to about $100 but never below that. Also, some actual governments are investing in Bitcoins so its hard to imagine even that occurring.
Also, given the convenience and advantages of using bitcoins, it is highly unlikely everyone will suddenly lose interest in it. If mining becomes unprofitable, there are still a lot of people currently holding a lot of bitcoins.
|
|
|
|
|
Some exchanges like localbitcoins allow you to convert physical cash into bitcoins. This offers the person converting the money peace of mind as its very unlikely that physical cash being converted to bitcoins can ever be traced back. But, some other exchanges require identity confirmation and as such. Some people prefer anonymity and the peace of mind that comes with it and are willing to pay a little bit extra for that. Having said that, the difference between many of the competitive online only exchanges aren't that big.
|
|
|
|
|
Cash exists as a fiat currency, under full governmental control. So if the government wanted, they could simply print another $10000000 whenever they wanted. With Bitcoin, you don't have this problem, as the algorithm is incredibly secure and currency can only be earned by mining (ignoring the possibility of a highly unlikely 51% attack). Also, unlike physical cash bitcoins are non-refundable, eliminating the possibility of a fraudulent refund.
OF course, with cash you have zero transaction fees and the exchange is instant. With bitcoins, transactions take quite a while if waiting for multiple confirmations and with smaller transfers the transaction fee can be bigger than the amount paid. So bitcoins are more appropriate for bigger amount of money.
|
|
|
|
Hi!
As the title says, what happens if i get an address wrong? Do the coins get lost?
If that's what happens, why not change the code in Bitcoin, so that if the bitcoin network cant detect that address, returns the bitcoins to you?
Bitcoin transactions are irreversible. While this may be very inconvenient at times, it prevents scammers doing charge backs on PayPal transactions while using credit cards. If you think about it another way, how would the block-chain know you sent bitcoins to the wrong address? It could be that someone buys goods with bitcoins, pays the guy and then a day later tries to get his bitcoins back claiming he sent them to the wrong address. |
|
|
|
While I thinks it's great for bitcoins, there are a couple of things I am worried about: 1. In some cases, the cost of a transaction will exceed cost of a meal 2. If they wait for multiple confirmations, it could be a very lengthy wait for a meal But, I still think an accepting bitcoin logo outside McDonalds could help raise awareness. |
|
|
|
|
According to Coin Market cap, the combined value of all bitcoins in existence are $300 billion. If predictions are true and the value of bitcoins exceed $100,000 than bitcoins total value will exceed $1 trillion. This is larger than the economies of most developing countries?
So, would bitcoins reaching that value mean bitcoins are worth more than a lot of countries?
|
|
|
|
Im a newbie both in this forum and the cryptocurrency subject, so I had been reading a lot and studying in the last couple weeks.But I still have some doubts. I always see people saying that there is a bubble in the bitcoin market and that there are many people who own big ammounts of bitcoins and can manipulate the market, so i dont know if now its a good time for a person who doesnt own any bitcoins yet to start buying then (i planned to hold them for a long time, not trading beetwenn exchanges) or if i should wait more. I also see fear about corrections and dont know well how those work and if they have an specific time to happen. Anyway, sorry for my bad english and thank you for the replies, even though I know im te only one responsable for my money.
This price has dropped by almost $1k in an hour. People are thinking the bitcoin bubble has burst and are panic selling. But, the rise in bitcoin price is due to difficulty increase and in most certainly not a bubble. Now would be a great time to buy BTC. Just look at the trend, its clear bitcoin is on its way up. I personally think it won't truly crash until it hits the $50k mark. |
|
|
|
|
As a professional web developer, I can definitely help promote you site. Perhaps you need improved CSS, a good signature for a campaign? Whatever you need, just give me a PM and I'll see what I can do for you.
Also, I have developed some sites for marketing companies, so I know some things about marketing.
|
|
|
|
Hello there one year ago i bought 3 bitcoins but lost them all in gambling... :'(nd now seeing the bitcoin price makes me cryy...
I have 1500USD right now...i am thinking to buy the bitcoin now whatever i can get with them
Should i buy now or not as bitcoin is reached its all time high and in to the moon...please advice me
Many people are saying 'invest what you can afford to lose', but following this mentality you can only make so much profit. 2 years ago I only put $50 into bitcoins, now imagine where I would be right now if I put $1000 into BTC. I could've had a Ferrari and a yacht. |
|
|
|
This is not too different from the real world, where around the top 1% own around 50% of the economy. Also, these 40 people you are referring to probably got into bitcoins early and mined when the difficulty was very low. I remember at one point ASIC miners paid for themselves in 5 days. |
|
|
|
Bitcoin keeps soaring high. What do you think will be the bitcoin's price by January 2018??
Unlike what everyone says, if we look at the exponential growth Bitcoins have recently been experiencing, I'd say it will probably cross $50k or above. Even if not $50k, I would say at least $25k based on the trend. |
|
|
|
|
