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NXT was one of the most promising coins of 2013, but in 2014 has proved it wasn't only a common altcoin,
but a new different type of virtual currency. For this reason it was called the successor of bitcoin by many users here.
In my opinion in the future it will eventually be placed side by side with btc, but I don't think NXT will ever substitute it.
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Nice piece of poetry, the rhymes are a bit elementary but I liked it, well done  |
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Hi i have question regarding coins. suppose a new coin is to be made and only 100000 were to be created. The only way to get them was to buy them. How would their price be evaluated? I know it will depend on demand. And Suppose 1 million people want that coin so how will the price against $ will be calculated? Is it like this 1000000/100000 coins=10$?
There are some examples of alts with a very limited coin supply, like 365 coin, 48 coin and others. Their price isn't set by a math formula, it's only a problem about demand and supply infact some of them are worth almost nothing. |
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Looking at that pattern seems that we will be facing a long period of stagnation, only after that (1 year?)
a new rally will come and throw the value to new all time highs.
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There are some examples of caught hackers in this forum.
I'm almost sure to have read something about it recently here but at the moment can't find a link to the thread,
btw I'll update if I'll find something.
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To store my btc savings I used the classic ubuntu live cd method.
While disconnected from internet you have to generate a wallet.dat and put it on various usb supports.
Then save your public addresses on a text file and send your btc on the cold wallet,
finally check from a block explorer if the transaction was successful.
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Nothing is free, anonymity also comes with a price. Maybe bitcoin 2.0 will address that problem.
There are actually a couple of altcoins which put anonymity as their most important feature, they won't substitute bitcoin but can introduce some interesting ideas to develope a complete anonimous coin. |
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I was thinking of this a bit of go, and it just struck me that it could be possible. What if one were to create a bitcoin exchange that only deals in high volume bitcoin trades, such as those in excess of 10 BTC. This exchange could be a place in which people go who have a large amount of bitcoins, or cash, and are looking to exchange a high volume, instantly, instead of having to wait at a normal exchange.... Would this kind of exchange work and would it be used?
https://www.secondmarket.com/bitcoin-tradingminimum transaction size: 25 BTC Arbitrage should be fun using this exchange, I'd want to see the quotes but can't find any chart in the website. |
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Just secure them using a live Ubuntu cd in a cold storage bitcoin-qt wallet stored in several different usb keys / dvds.
Be sure to disconnect the pc from internet before doing this and you should be fine for years.
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We just got added to cryptsy!
Great news but this isn't affecting the price, in the meantime I'm buying more and more of them I think the rally will start soon... |
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Well I've been buying GHS at CEX.io
Hopefully I make some money that way!
Meh, wouldn't recommend cloud mining. I stick to buying... I agree with him. Making money at cex.io is not impossible at all. But ehhh it's definitely not the way to go nowadays. It's tempting, yes. But if you really want to be a part of bitcoin, just buy bitcoin. It's that simple. Yes, buy and hold is the easiest and safest solution if you want to earn something without the risk of losing the initial capital. If you want to have fun with trading, use a small percent of your holdings and play with it without touching the rest. |
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Electrum is more user friendly, I'd recommend it for people without any previous experience.
But overall I prefer Armory because of it's security, and btw I would not exclude Multibit, it's not so buggy.
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Wow some good prices on the website. I'll wait for others to try out the service and post feedback though.
Some prices are good and some a bit high, but overall the site seems really nice and well designed. I won't be among the first to try it, but if the trust will increase I'll buy something for sure. |
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It's good to see usd melting against btc everyday.
I invest my usd in btc i know it will rise.
This is why most of us is here, hoping btc will replace dollar. If the growth continues exponentially like in the last years, our dreams will come true. |
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They couldn't possibly buy all coins because I'm not selling mine. As simple as that.
There are also many coins which are lost forever, encrypted in wallets with forgotten passwords or wallets.dat files lying inside some old broken hard disks. |
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I believe in $10k BTC easily, but the main question is when. If it is within the next 2 years then great, otherwise it will be overtaken by some other crypto tech.
Bitcoin will not be replaced within 2 years....lol, lets roll out Bitcoin first ok? ore the new crypto needs to kill Lightcoin first and i dont see that happening in the comming 5 years. If it goes to $10k it will go to $100k, we'are all early adopters. You might be surprised; things move very fast in this field and who knows what will happen. I myself have my eyes on one emerging tech. There are some exiting technologies which will place themselves side by side with bitcoins but at the moment I don't see any of them able to substitute the btc. BUT I'm not saying it's impossible, just unlikely. |
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Big news. How much longer can the price continue to ignore these developments?
I wonder that too, how can Dell and Newegg accept bitcoin, and the price does not budge? What the hell? This can be the calm before the tempest, I think with all those positive news the price is about to rally soon. If you take a look at gbianchi charts you can see we are really low considering the average btc increasing value during those years. |
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I was very unlucky with HYIPs, every time I entered in, I was too late and in the final stage of the scam...
I do believe that is the entire point of them. You weren't "unlucky", it was by design. Yes, only the first ones are winners and are payed by the remaining people. But even if you are among the first, the website can be taken down just because of some big investor which brakes the ponzi scheme. |
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Thank you, looks like time for the last drop before rise.
I don't think so, we are way too low from the average line, seems we are really at the bottom or very near to it. I'm expecting an increase in value soon, the only thing which could lower the price more can be only a terrific news. |
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Untill now, after every bubble there was a period of stagnation, we have seen this pattern before.
Sometimes it takes months to start another rally but it may lasts years, there's no written rules to follow.
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