hi coiners

i need to move a whopping 48 btc from a qt client on an old, fast dying, pc ...

the client is not synced, due to the problems within the pc, and is about 130 weeks behind the blockchain, however, im assured i can still transfer these coins to another, more modern, wallet i have, without issue

my concern, though, is with relation to the miner's fee, i dont want my 48 btc lost, or stuck in the blockchain, because miners arent incentivised to confirm my transaction, so to be sure this is not a problem how much fee should i pay when i send my coins

the old qt client does not work the correct fee out for me, or give any advice as to how much i should pay, so can anyone please give me some reliable advice on how much i should pay - in order to move 48 btc as quickly as possible

thanks ...

i was risiculed by a few people a couple of weeks ago for pointing out that the trend of the btc price had changed, and was bearish, it was still over 100 then, its continuing to make lower levels now ...

ok, im not one of these "told you so" predictive types, who relish this kind of thing, nor am i one to make predictions at all, i prefer to assume the market is always right and the opinions of people always flawed, and often entirely subjective ...

i dont know where btc is going to go next week, let alone next month or year or decade, im a holder and i do believe in btc as a fantastic new idea and one which i hope can, if not change the world, have at least a lasting and significant impact upon how the world sees and uses money, it is currency imo, not a commodity, the "mining" is merely btc's form of issuance

ok, all that aside, and putting aside what we think, or hope, happens with btc from now on ...

im really interested to know - at what price

for those who have had enough of btc, and want out, want all or part of their fiat back, at what price do you intend to sell (either with a profit or accepting a loss) ??
for those who are dedicated to the long term, at what price do you intend to buy more   byt that, i mean a significant addition to your stock of btc's

for me, as i got in at around 57 AUD, that number is key, and to be honest im really undecided right now, if there is strong evidence of massive buying in the 60s or 50s then i will probably buy more, if not, then im inclined to sell all somewhere in the 70s, which isnt too far off now if this decline continues ...

 

http://www.cnbc.com/id/100815062

what are people's thoughts on this?

any ideas as to why bitcoin price has dropped so much in the last few weeks?  its getting a bit bearish imo, whats concerning me is that prices are falling across the board, litecoin has lost about a dollar, namecoin has lost about 50% in only a few weeks ...

across the board falls like this are not just volatility, or even investor/speculator sentiment on one or more particular cryptocurrency, im a bit concerned it points to some emerging problem in the entire bitcoin idea

people who think its good that price falls because they can get btc cheap should take not of the old wall st analogy of trying to catch a falling knife ...

if we are all agreed that bitcoin, in effect the entire crypto-currency economy/community/society and its interaction with the fiat world, converting btc to usd etc, and back again, easily, needs competition between decentralised exchanges, then we need to concentrate on helping/encouraging individuals or small groups (companies?) to develop these goals into reality

thus, we need to agree that crypto-finance needs to enable the simple trading/investment of a range of crypto-instruments, eg:

* btc/usd, ltc/btc, ltc/usd, eur/btc, and so on, a network of exchanges/dealers making a "forex market" for crypto-currencies
* shares/stocks, options, warrants, convertible bonds, in companies, or projects, or ventures, properly set up and listed, where people can buy and sell their stakes in these entities easily, and either invest for long term, or trade short term - importantly, if the bitcoin economy is going to grow, and expand, and become mainstream, it needs capital, cashflow, and this has to come from investors/speculators
* bonds, to fund large projects, generally for a "community" benefit, returning interest to investors

this is not an exhaustive list, and i'd imagine most of these are already being traded on various fledgling exchanges, i dont want centralisation, but i do think we all need co-ordination of these exchange efforts

what people who invest and trade in fiat finance like, and want, is good quality charts and reliable data, charts which can easily present price information in bars or candles, and in all time frames, from 1 minute for the scalpers/day traders, to daily, weekly, monthlies for the longer term speculators and investors, so they know WHEN to get in, and when to get out - trading is not fun, its a serious business, and one way of helping to rid bitcoin of the so-called "ten year olds" speculating, which people claim was happening just before the bubble popped in early april, is to make btc's price move in a more orderly fashion

another big thing, one reason ive not yet traded on exchanges like mt gox, is because it doesnt not suit my trading system, many fiat world people use systems to trade, and these systems, believe it or not, make the fiat worlds exchanges tick along nicely, most of the time, and certainly btc will be more appealing to outsiders if exchanges STANDARDISE the following:

* simple one-click trading platforms, with DMA (direct market access), with built-in charting software, in real time
* allow both long (buy) and short (sell) trades
* margin and leverage
* stop losses
* demo accounts, so people can practice risk-free, first

the above, like i said, should be STANDARD, for all exchanges, if the bitcoin community is going to be able to enjoy safer, more reliable, more orderly markets which will better benefit all