PS: I'm gonna remove some more users as they stick to 20 posts only (they were paid in full), that's not against the rules, however I see a lot of users who make 50 and 100 posts per bi-weekly, and I'm gonna try to make this campaign more productive by rotating users.
Feel free to put someone else in my place. I 'm out. Thank you.
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So now, officially, no uber-bull can counterargument that even if price is higher than 1,3,6,8 months ago, overall BTC is doing great.
Bitcoin is doing great because the ecosystem grows (big time)... It looks like you are around long enough to know that the price has little to do with bitcoin (the technology). Or maybe you have just bought the account...
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Remember when in May I said that there won't be any rally in the next few months? Now, seeing the price going down so much, I am CONFIDENT we won't see anything more than $400 in the next 6-8 months, even more.
Bitcoin is simply not traded anymore. Maybe it's used as currency, I don't know. But trading volume is insanely low.
I don't want to doubt your psychic abilities or to imply that your crystal ball isn't working but the trading volume was really high on mid Sept - mid Oct (maybe on a 6 month high). Does "bearwhale slaying" ring any bells?
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(most of the payments i make are 0.1 mbtc so the miner fee would be the same as the transaction :s)
Such small transactions are considered non-standard and will not be mined by most miners anyway...
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If you are serious about it then you should check bitcoin on github. You could find some nice posts here as well but this is usually the exception
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More and more merchants are accepting bitcoin. Bitcoin as a way of payment method is increasingly raising the awareness of public. But the problem is that ppl have no incentive to buy and spend bitcoin. Now there need be some kind of trigger to push ppl to adopt it.
It's not that they don't have incentive. The problem is the bottleneck of buying bitcoins. Bitcoin is the best online payment method especially for merchants. Meechants will understand that sooner or later and they 'll start offering discounts for bitcoin purchases.
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Talk about what exactly? It's their coins so they can do whatever they want. They don't owe you something just because they are early adopters...
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What started out as P2P now getting converted to B2C. Now, the regulations will come in place slowly.
Pools are about centralizing mining power anyway... Even descent and honest pools like BTCguild... Fortunately there is p2pool and it's up to the individual miners to decide if they want to use it or not...
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They have added some bitcoiners to their userbase, gained tons of free publicity because of bitcoin and they also look like innovators now.
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I 'm bullish on bitcoin but when i feel like i have doubts or second thoughts i look at one chart and one only. The bitcoin vc investment chart.
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This community has been burned many times before from pre-orders... pre-orders=vaporware until proven otherwise...
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Anyone care to explain how the tax will be calculated? Do we have any numbers? That's worrisome because if successful other countries might follow...
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Today however, every such thread contains many comments expressing disapproval of the term, for one reason or another, and such threads typically last for many pages. Controversial, as thms observes, is the correct adjective.
Bitcoin developers call it bit(s), bitcoin businesses call it bit(s), bitcoin bloggers/news sites etc call it bits. For me thats enough to consider it standard...
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Replace [whatever-name] with bits and run the poll again... Bits is pretty standard by now and noone is going to call it otherwise anyway...
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Meybe it was a dark pool messing with the API ( or so i like to think lol )
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Bitcoins is not wealth per se. It's more like shares in a technology. So we are not going to get a more uniform distribution because it's not an issue and noone really cares.
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Damn.... Support from one of these oil rich gulf states would have been good for bitcoin. It would have been good for speculators. Wider adoption in 3rd world countries would have been better for bitcoin.
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So the main difference is that mechanical keyboards have a spring for every button?
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People don't predict. People wish... and the most sopshisticated of them use kindergartner-level TA to support their wishes...
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It's beyond ridiculous for bitcoiners to celebrate because apple pay is having technical issues.
1. Apple pay and bitcoin don't compete with each other. Bitcoin isn't a company nor a product. It's a technology. For all we know apple pay might start using bitcoins in the background in a few years. 2. It would be a blessing for the bitcoin community if apple manages to shift consumer's behavior on how they pay for things.
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