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Wasnt part of the huge jump in price was due to mt.gox influx?
So would we consider that as real price growth? I wouldnt think so, but this is just my opinion. Although it could of effected to promote for more buyer involvment but theres really no solid metrics to know how many bought more after mt.gox.
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If the software is very similar with the bitcoin core.
Whats the point of having bitcoin xt? Is it like an insurance incase if the core ever failed on you? and if thats the case those odds are non existent.
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The more bit coin is used for illegal and harmful trades the worse it is for the future and policy that will be applied to it by governments and banks in the future.
So it's a bad development I think.
You make it seem like money laundering was never being done with fiat money. Money laundering will always be here to stay its just now easier to move money around since they adapt a new "money transmitter" since thats what bitcoin also serves. Casinos and other various forms of people forming a LLC like the argentina gambling websites also has "bitcoin accepted". |
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Noone wants "cheap" coins for $265...
Down we go again. Hopefully people will like coins for $250 or less.
I'll like coins at 200$ this is my buy-target, meanwhile i'm waiting.....it will happen! ?? How can you be sure that buying at 200$ would result in a profit later on? If the price goes down constantly it probably means that it will still go down even more so i would be really careful to buy bitcoins at 200$ just because they are worth 200 I'n my honest opinion i think that a <value on 1 bitcoin would be more people will buy it. Imagine if BTC goes down at 150$, there will be a lot of buy orders and then value will go up again. Off course i'm not , and i can't be sure about the profit, this only my opinion  People will need to deal with the fact BTC will eventually achieve 5 figures per coin and more, once the waiting whales drop in. We don't need mainstream adoption, just old money whales being interested on it and the price will pretty much sky rocket. 5 figures will eventually get there. Its just a matter of how long will it take to get there lol. I mean it took 5 years? to get to bitcoin in the 3 figure range as we are at now. Unless like some crazy 2008 financial boom happens again where people panic about their money in the bank. |
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*snip*
Canada has an amazing policy on this currently. So i am very content with this.
Then again, it's really hard for any government to crack down on you if you have BTC and bought something online with it, sooo.
Is it that big of an issue?
Would probably depend on how sizable your salary is. If you earn a lot yearly (100k+) in the form of Bitcoin, and spend it on a lot, you might be audited and get into trouble for tax evasion. Isnt it holding bitcoin itself is tax evasion since you can just use it as a off-shore practice. This also follows on you can mix the coins as well to make even harder, outside from using multiple address. |
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My supposition is about 375-385. During next days price will go down another 4-10%, then in September start to increase.
This sounds reasonable, and I feel this would hit the point. I`m not sure as the other people mentioning about $500. That increase would have to come up drastically for a reason something valid, not some whale just purchasing bitcoin. |
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You call that panic sell? It only dropped 30bucks, and quickly recovered 10 bucks already. I see no panic, only a big fat whale who wants fiat.
Most people see the $30 difference in a different way then you do lol. I dont see why most people freak out unless they hold so much btcs to see the difference. For me, I just know its going to recover like you mentioned unless it starts dropping $50. Even then I give it a day at most or the week if it`ll recover. |
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I just want to let you know a giftcard isnt really a valid collateral without reciept, and even then its still tricky. Check this thread and if you ignore it then most people will neg rep you, https://bitcointalk.org/index.php?topic=577765.0 |
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Can you provide a signature on the other account as you own it?
Also another thing, can you explain what the loan is for? I may or may not depending on what your response is..
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Faucets are fun when you're bored or have absolutely nothing else to do with your time. Signature campaigns can pay big. I don't consider it work really because I enjoy posting forums like this one. As long as your posts are not spam, and contribute you will be surprised how much you can make.
Or if youre on the computer anyways for long periods of time, its a no brainer of why not. But, I find myself doing a few captchas while watching twitch and dont heavily rely on it too much which most shouldnt do as well. |
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I seriously believe that Bitcoin could be the greatest transfer of wealth in human history. Although my friends and family still think I'm crazy, but we shall see.
Biggest transfer of wealth? Do you mean that today's poor people will become rich? Nah. That won't happen. Already rich people are investing in bitcoin, which will make their fortunes even bigger. Distibution of wealth don't change. Bitcoin created some 'bitcoin millionaires' as early adopters were pretty lucky to be part of the beginning of cryptocurrency, but that's it. Most of those rich cats are involved indirectly are backed by the known coinbase or other VC ventures. So basically they do have a certain amount of bitcoin like you stated how the todays poor will never become rich. But very rare, small group will have a significant gain based on the value going up only cause they had a graphics card to mine with in the early days. |
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The title is funny, there is not much point in having 1000 BTC worth $10 billion if all you gonna do is stare at the zeros in your wallet. The real gratification of having Bitcoin is being able to buy stuff with it at some point  Having said that, I do plan on always having at least 1 BTC saved up  Are you sure? I have no problem holding 1000 BTC worth $10 billion and staring at the zeros 3 times a day in my wallet  I don't have too much things to buy anyway, all the latest gadgets are disappointing, and cost of ownership concern will make bitcoin the best asset to hold As long as youre debt free, I dont see why not right. but most people arent so I feel like they will eventually sell out to pay off their debt or something. Also, I see it worth that amount like you mentioned only cause we havent reach the unbankd countries that opens new commerce to them as well. its a huge cheap money transmitter beating western union etc. |
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One problem for many people not to be involved with bitcoin is the difficulty in obtaining it,we can't all be miners.
A lot of us can be miners, but it should be like a minimum that doesnt ruin us with a huge electricity bill. Id expect to collect a miner fee aka bitcoin producing a year thing, rather then a month collection. But still get free btc..and atleast you help the network. |
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Every time you spend money write it down. Easier to keep track of your expenses if you see them on paper.
Once you know that amount and what you're using it on, you can make informed decisions as to where you can reduce your spending in order to save that money instead.
yes, a budget that you put down on paper/spreadsheet will probably show you some expenses you never really thought of, and its a good idea to add EVERYTHING, even small monthly expenses like $8/month for netflix should be on there, if you dont account for that stuff you're only hurting yourself You're right in the sense that all the small expenses result in a large expense each month indeed. In order to react on your example of Netflex, some accounts of Netflix allowed you to be shared (with 4 other persons, so in total 5). This makes Netflix really cheap, and much cheaper than a ordinary television contract. Besides that, also on this forum you can find very cheap life-time Netflex account, although I think those account are not legal (thus hacked or something). However, sharing a Netflix account will save you money thus. Especially if you quit your ordinary TV contract. I mean you can only tally up the #`s so much on excel. Eventually, you`ll have to cut the loss of whats not needed or lower it significantly. Esp, like internet being on the phone talking about how you can downgrade your service but still have basic internet. From $55 to $14 a month. |
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You can't trust 100% on investing, there's always a risk
Just hold ur btc and wait for the price to rise
well holding is a gamble as it is.. so thats a risk on its own since it can go up and down within minutes. the only way someone was to invest bitcoin without the stress level is like any other investment, which is what money they can afford to lose. |
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It may be a good time to invest in NBG, it has never been this low. It's really a 50/50 situation. If the Troika doesnt let Greece fall, whoever investing on NBG now will get pretty good returns, the problem is if the Greexit actually happens and your investment goes literally to 0. If you have something like 1K dollars lying around that you dont know where to put and you are already on Bitcoin, maybe a gamble with this may be a good investment if Greece recovers in the next 5 to 10 years.
Just don't. Don't throw money into a disaster hoping that someone else temporarily patches things up for you so you can sell at a profit. On the other hand, if you think that certain Greek companies are a good deal at these prices go ahead. Well the question would come down to is would let every other euro nation that lend greece money let it fail as a country? i mean their debt is effected their euro so wouldnt they eventually come to an cheaper solution to get some money back then none at all? 303.92 billion euros of debt. |
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50 btc is to large bro, $14500 lost, call fbi or police cyber crime ! I hope you can getb back your money although is impossible once its gone, its gone. theres not much that a fbi, or police cyber crime youre referring to will do much about it besides making a case which wont resolve. its a shame though the security was left as a blank passphrase, so its a huge reminder we need to check our basics and get our self covered. |
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The value could be vastly huge! You have to consider panic buying as time goes on and we start closing in on the 21 million cap. Fomo could send the value through the roof
Do you think that panic buying will be coming all of us though? cause I dont really see it, unless some other country like greece who does need it or like china that`ll just want to be part of the bitcoin movment so they unban it. hence making all those people in china buying at the last second. I wouldnt know where the new volatility would come from.. |
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People seem to keep hoping for the currency to appreciate in value when the USD is potentially on a run that repeats the prosperity of the 1980s. That's not going to happen.
At the same time, why does BTC even need to trade significantly higher than its current price. If it wants to function as a currency, why should it be dislocated with such magnitude from other currencies?
THREE WORD ANSWER: SUPPLY PLUS DEMAND Thats true, but where is the new supply of demand going to come from is the real question. I think most people overlook on the whole aspect of where the new demand is coming from, unless the volume comes from like china which has banned bitcoin last time I checked. |
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When Bitcoin price goes above $1000 then I think I would quit my part time job and go full time on Bitcoin. I imagine the future as working from the comfort of my home and getting paid in BTC. It would be wonderful. By that time, Bitcoin would have become mainstream. But again, it's just my imagination.  will be useless even if the high bitcoin prices is $ 1,000 but your income a little from bitcoin haha why would it useless? those who hold it would of have free capital to start a business or increase their chances to a venture to get chance to create something without the stress. That would be the case only for long term holders, but Abiky's comment sounds like as if magically the wages would raise because he is getting paid in BTC that's 1K each BTC. Most likely the wages will be variable and edged against dollar or other fiat value, so you'll still get a low wage each month paid in BTC if you already had a low wage in fiat. Haha yes, that does sound like the comment im reading as well lol. Theres no way someone would retire off having 1 btc or just cause the valuation sky rockets cause like you said there is no magical wage but based on the # of bitcoins the user is holding which would have to be a large principal from the start. |
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