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Obligatory.  |
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Mods are weird like that.
I once made a post offering BTC for LTC in the Currency Exchange forum and it too was moved to an Altcoin subforum...
Mods gonna mod.
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$1000 is a given.
$1500 is likely.
$2000 is a goal.
Edit: I'm not saying $2000 is very unlikely, just that I'd be very pleased to see it.
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That's an interesting way of looking at it. Although I've kinda thought their relationship will be like different credit card companies. Each offering different perks but only a handful will be universally accepted.
Accepted most places -
BTC = Visa
LTC = MasterCard
I think it'll wind up being some combination of our views. There will be a handful of widely accepted currencies, but there will still have to be ways to offset the huge transaction fees in place for the big boys. I love DOGE so much for this reason... it's kinda gimmicky but it's so marketable, and they're so cheap walking around with a wallet of DOGE would be just like walking around with a wad of $1 bills. |
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It's a part of the newbie rules.
There are a couple giant, stickied threads about them at the top of this section. They're a good read.
If you "have already posted this message" it's just a glitch with the 360 second time limit... I subconsciously hit Ctrl + A then Ctrl + C before I post now just to be sure I don't lose anything due to post limits.
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I think altcoins are here to stay.
If (and when) BTC reaches $10,000 or even $100,000 can you imagine how much a transaction fee of 0.001 would cost you?
Instead of using BTC/LTC to buy a cup of coffee or a stick of gum, you'd use DOGE, or whichever successful altcoin fills that need for a smaller denomination.
BTC will probably be THE gold standard, with altcoins filling places that need it.
BTC -> LTC -> DOGE
Dollars -> Quarters -> Pennies
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There isn't a problem with storage but there is a problem with the computation time necessary when constructing spend transactions which involve a large number of inputs from your wallet.
This is a problem that is evidenced by those who run Martingale betting bots against SatoshiDICE for instance. After they get several thousand bitcoin addresses with transactions, their subsequent bet transactions that draw from those coins start to crawl.
A future release of the Bitcoin.org client will address this by switching from BDB to LevelDB. Additionally targeted for future release is "ultraprune" which will lessen the storage requirements as well.
In the meantime, InstaWallet is one service that was able to come up with a solution that mitigated the problem. They might be able to offer some suggestions.
From what I heard, Bitcoin uses a hash table for storing its addresses when checking new blocks and transactions for whether they are related to our wallet or not. This data structure should allow for fairly efficient data handling, meaning that it should scale fairly well with growing amount of addresses.
So, for any sane amount of addresses, Bitcoin should scale well. Generally, the size of the wallet.dat is small in comparison to how much RAM even a low-end machine has, so it shouldn't be much of an issue.
http://bitcoin.stackexchange.com/questions/4928/how-many-addresses-can-be-handled-reliable-in-one-wallet |
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Now, on the verge of a massive adoption phase, even a %1000 increase seems meager in 2014...
See you on the moon, gentlemen.
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You cannot use Bitcoin-qt without syncing the entire block chain. Try using Electrum or Multibit instead. They work without downloading the entire block chain.
Is there any downside to using Electrum or Multibit vs Bitcoin-qt? |
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They claim on the site that they draw from several sources - but I really don't care because the price to me has always seemed consistent and fair. There was a day awhile ago where I think it was lagging at about $650 and Gox was nearing $800...
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I can't get the instant buy activated either.
During verification, they ask me questions about streets I've never lived on...
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It's a scam.
I already left negative feedback on his profile. He won't answer email.
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So, say i have $400.00 sitting in BTC-e, how would i get this cash out and back in my pocket?
Thanks
Spend it on coins and send them to a personal wallet. It's best to hold them ATM anyway, and if you need dollars immediately you can always use localbitcoins for a meetup. |
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If they have anything good that I can buy with some matured BTC then yes.
I mean... If I spent $600 on a BTC in November and they are worth $1200 when I'm shopping on Overstock. Spending 1 BTC on a $1200 item would be like getting it for $600. And it would spur the adoption movement, making my other coins worth more.
It's almost unfair how easy it is.
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take the time to get verified with coinbase, worth it
This. They are a growing company - sometimes incompetent, not evil. I have moved a few thousand dollars worth of coins through them, both buying and selling during volatile periods, never got a high risk error. |
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Why don't you ask him and find out?
nah I don't recommend this... best not to know. At least then you can plead ignorance. (Just in case he's stupid enough to tell you the truth and it is in fact drugs) The better reason to not ask is that it is none of your damn business. Sounds like someone is a drug dealer. |
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More likely that Amazon will come out with its own currency.
They can try, but I don't see why people would adopt it. Reason #1 Because it's fricking Amazon. So people will buy into amazon's currency so they can spend it on Amazon? Might as well just vouchers. And any company can create their own money, but it wont be cryptocurrency. If they did would it be 100% pre-mined? Doubtful. They'd probably "mine" it by offering rewards programs to get it into circulation. But it can only be spent on Amazon, issued by Amazon, etc. and might offer some value that cash doesn't, like "X amount off orders worth $Y" or expedited shipping, reduced sales tax, whatever. Amazon likes to handle things in-house... they're the largest shipping operation in the history of humankind. Tens of thousands of outlets and warehouses. A whole internal system. |
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More likely that Amazon will come out with its own currency.
They can try, but I don't see why people would adopt it. Reason #1 Because it's fricking Amazon. |
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SCAM DETECTED
I DEPOSITED 0.1 BTC AND IT WAS GONE AFTER 1 QUESTION ANSWERED INCORRECTLY.
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