A market crash is a destruction of wealth. In those times, most assets, especially volatile ones, will see a net outflow.
I keep hearing that term "destruction of wealth" like it's a real thing. It's more like a realization of actual wealth. |
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That's so weird. Asian girls seem to always be attracted to me. Seriously. But I find them least attractive. They always seem to skinny and lack a juicy top & bottom. Latinas are on top of the list IMO.  Philippines and Indonesia is not skinny and they also have bigger breast than most east asian countries. mostly yes just because some of the pilipina here are not pure filipino some of them have a blood of spanish chinese thai american you see mostly of a pure pinay in the north part i just dont like the attitude of the people there  but when it comes to the city you are rarely seeing one cebu is dominated by spanish before so a lot of woman there have a spanish feature well not all but mostly i love those features. i spend my time in visayas and get a mix of heritages. visayan girl are horny i swear  mindanao is the conservative one but its all defends north part has a bad attitude and most of the girls there are hungry for money in short gold digger but that is based on what my friend experience well i know you all knew the attitude of girls in manila Ah, the warmth of the Philippines. |
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Underground sentry guns...i'm telling you guys...they solve your "home" problems...
Drones. We need drones. |
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As for all the children spinning theories about gunmen and rubber hoses, please grow up and realize most people will never accept the level of risk required to rob people at gunpoint - putting one's life and freedom on the line for a SLIM CHANCE at getting rich?
That kind of insanity is for the desperate only, and these days the desperate don't have access to guns. They're certainly not better equipped than the average police department, and sure as HELL can't compete with the 10,000 heavily-armed soldiers of the NYPD.
That depends if you are a "doer" or a "don'ter". |
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Yes that's the problem this solves
no matter what excuse you say. expect pain no matter if you have it in multisig. expect pain no matter if you have it on a secure exchange/cloud wallet. expect pain no matter if you have it as a brain wallet. expect pain no matter if you have it in a banks safety deposit box. expect pain. no matter where you have it or how its stored, anyone that knows your a bitcoiner, and obviously knows you had X coins to be worthy of travelling to you, to risk jail time, wont skip gracefully away purely because you say you dont have access. they are your coins. you wont lose access, you would just secure them. so expect pain until you relinquish your security. no bitcoin security technology can prevent a psychopath from slapping you with a rubber hose until you give in summary:  Report the assault to the police. They will track the bitcoins being spent and arrest the mugger. |
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Tell the gunman that some of your addresses are booby trapped. If they are moved, then a bounty is setup to trace the spender and kill that person. Then tell him to have a nice night.
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monkey is telling me to buy now. he thinks the goat is cute.
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ITT: falling jumps the shark
Maybe failing is really Fonzie? |
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The number of transactions can be increased by increasing the block size. Mining pools include transactions with fees.
Thanks for your explanation. I understand how increasing the block size limit can increase the theoretical maximum of transactions. What I am concerned about is, mining pools prefers to mine a small block with less transactions and receive less fee, than to mine a large block to receive more fees and run the risk of not mining the block, or get orphaned. I was reading another thread some time ago, saying there isn't a parameter to set minimum block size. So, raising block size limit may have little to no effect on raising actual transaction volume. We'll see in 2016 when the block reward halves if the mining pools still prefer small blocks without fees. |
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IMO, moving the decimal point is not the hurdle in scaling bitcoin. It's the block time,
If you mean the ten minute intervals between blocks, that has to do with network propagation. Even if the internet itself speeds up, the number of miners also increases exponentially. It's best to be conservative with confirmation and ten minutes is more than reasonable for typical online purchases, large purchases, and money transfers. Zero confirmation purchases are fine for small amounts. and the actual (not theoretical) number of transactions per minute on the network. It's my impression that mining pools wants to include the least number of transactions and mine a block as small as allowed.  The number of transactions can be increased by increasing the block size. Mining pools include transactions with fees. |
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Sure everyone will belive you cuz your username is falling and ALL your posts are about how bitocoin is going to fail...GTFO dude.
I thought it was FaILLLing |
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Governments *should* create their own cryptocurrencies, and that will be good for Bitcoin. But, they cannot create a PoW coin like Bitcoin, because they would be constantly threatened by 51% attack from foreign powers. They could only issue PoS premined coins issued by a virtual mint.
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i know we shouldnt count our chicks before they hatch, but if it does hit five figures next year many of us will quite incredibly rich, couple of millions maybe? what will anyone do with so much money?
alcohol In bottles, not boxes and cans. |
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This might be the mistake that kills facebook. Even Google is playing it careful with money.
Hmm, that certainly wasn't my first thought. I'm curious, what makes you say that? And I thought Google was planning to go places with its wallet app (though I haven't kept up...maybe it died off). Because Facebook is so commonly used for social media, they will have to be careful not to *force* people to use *their* wallet and give users the option of choosing alternative payment systems within the portal. Monetization of social networking is a slippery slope. Ad based revenue is generally accepted in most portals, but integrating a payment system with a shopping cart, subscriptions, trade markets, etc. will expose FB to new regulatory experiences. Perhaps that's why they are starting with the more cautious Europe as a test bed. Google Wallet, PayPal, and nearly every big bank has a legacy fiat payment system. It's not a threat to Google, because it's not integrated into their apps. |
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I have a corollary event to this but I would be called a permabear.
Please post, the perma-realist's always have open ears and minds to your comments Corollary to a rally that never retraces would be a crash that never bounces or recovers. I'm not predicting that this will happen but it is probably equally as likely as the former. True. If the price reaches the vertical rise stage of the S-curve, it can very well grow into a bubble, reaching its global ATH that it is never going to be touched again after the bubble has burst. However, it should be easy to recognize the vertical rise stage and assume that it is a one time event in the history of Bitcoin. Knowing that, everyone should be prepared for the upcoming giant bubble. The vertical rise stage probably dwarfs all the previous rallies. So, instead of a single order of magnitude growth we will see several of these occurring within the same rally. I hope this S-curve is a real thing and not only a theory... It will most definitely apply to cryptocurrency and very likely to Bitcoin. |
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See you at the music festival. I'll be there in spirit.
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I plan on selling half when price reaches $4k. Then hodl for the next runnup.
I might as well just say I am planning to sell at 4k after it peaks at 10k and crashes, because that's what I do. |
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I hope we see a new bubble soon. I bought most of my coins > $800. Would love to be in profit.  Then why didn't you buy in at the dips to 450? If I may ask... I bought in all the way down, so my average is about 620. He may have used up all of his available funds. What you suggest is a good strategy otherwise. Only if it doesn't continue to go down  Good point! Obviously you would have to be fairly certain of its long term hopes Still, lets give credit where credit is due: buying at over $800 and holding all this year is tough Definitely, must be so tempting to sell. Would have been better to sell and then buy back, but let's not go down that road I don't think that many of the investors in bitcoin that bought between 700 and 1100 will sell once price is back up in those levels. they bought because they thought btc would go to da moon. when it did not they felt bad or desperate and those who got desperate enough sold with a loss. but those who survived will not sell since now they finally see a bull market, they hope this will proof their initial investment was not completly stupid but just kinda badly timed; they will see btc doing what they anticipated it would/should when they bought. finally the horse they picked starts to gain traction and as a result they should abandon it ? Never ! those hodlers will be the strongest hands. they went through bloodshed with their stash, they will not sell anytime soon.... Let me add that even if people sell, many will try to hold at least one whole bitcoin because historical. |
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This might be the mistake that kills facebook. Even Google is playing it careful with money.
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