I am almost there, 1 BTC milestone... but personally I think one should have at least 100 BTC to be a pioneer...
It's too late for accumulating 100 BTC as nearly no one can afford to buy that many Bitcoins, unless you have a decent amount of savings where you can use a part of it for investing in Bitcoin. The majority of the people can't even accumulate 10 BTC in total. Unless the price took a huge dive.  Then we can start back in 2012-13 scenario and do this all over again lol. But yeah, its getting expensive it eventually appeals to people who need it now on a daily basis of their operations of business. |
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it's buy time this whole 2016 year, halving will happen in july so there's still 3 months to buy many bitcoins as you can because later, when price will grow alot, it will be too late
this is probably one of the many things that most people should take this to consideration. Its 3 months guys!! 3 months before so if you do decide to buy at any point now until then youre good. Cause from the last halving reaction people wait for more anticipation since people are not up to date with the halving scenario or just arent aware. Which then creates buy orders - hence price going up again. Well last halving nothing much happen. So it am not sure anything will happen price wise. Maybe be are anticipating on something that will not/never happen. Not sure, i am not buying before the price reaches 300 again. Maybe youre right, it`ll be just like the last halvings reactions.. But you never know it which can turn the other way and thats a chance most are betting on at this moment. But I feel like the closer we get the the total of circulation and mined we`ll eventually find its true average. |
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Offcourse I would go for gold. Bitcoin is very young and can't offer you any stability.
I am still afraid that the price just tanks to 1 dollar, which would make us very poor.
its young, but theres lots of potential. I mean you can see on peoples reactions already before the halving itself, just imagine when we hit the actual hard fork #. If the prices can beat or equal fiats inflation then we are banking big time. |
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I don't think so. Unless they will pay me like 50 BTC per month.  who will pay you 50btc ?  for me if i can earn 2btc/month i will go full time on bitcoin, i will focus for earning biotcoin, i will withdraw 1btc and save 1btc for future  or maybe i will use 1btc for buying some miner every month. People will pay you 50 btc its possible. But this route is obviously not for some average person, its for a druglord that pushes serious volume or you run one of those sites. Outside from that I dont see anyone making that absurd amount. |
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Damn, I feel like crap. I noticed I hit the 45 day mark of not posting and totally forgot about it. Oh well.. time to re-submit and start over lol.  |
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The image details exactly how my (AntS5) profit has declined over the past 70 days.
My starting daily payout was 0.7341805919% of my principal.
My current daily payout is 0.1171920740751260% of my principal.
My average daily payout declines -1.332518616% every day.
If this rate of decline remains stable, I will only make back 34.9358556% of my principal.
In other words, at this rate I will never make my money back and instead I will lose 65.0641444% of my investment.
The two key factors contributing to payout decline are difficulty increase and BTC/USD denominated fees.
If you would like further explanation, please let me know.
Thanks for this thread and your updates. This just makes me to confirm my thoughts on mining in general. To see a negative # of days to get paid out just disgusts me. I`m guessing youre really either in it for the long haul or this is spare money. |
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The bitcoin technology will be adopted by most of the banks. Bitcoin might get a good recognition from users around the world as a currency equal to the dollar or other physical currencies that we use.
Maybe? Maybe not? lol. or maybe the banks want to centralize it by owning these exchanges instead and they end up owning bitcoin indirectly. or possibly use it within their system to consider what increment holds "xyz" debt value. |
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paul should watch where he go in china somone can easily poison him
LOL. The odds of this happening is highly unlikely to happen. He wont be recognized in the amongst one of the biggest country.. he`ll just look like a typical foreigner thats there on vacation. The way i see it, he`s screwed either way if he has a family in the states - eventually coming back home. |
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Sounds like morroco.man or one of the other PayPal scammers. They're pretty poor and will scam you the first chance they get, even if it's only for a couple of bucks.
He will be back with another alt to get you guys again. Hopefully you won't be dumb enough to fall for the same thing twice.
PayPal email address is the same as his contact?
The thought of someone scamming for $100 though is pretty sad. I mean I guess this adds up since if he does this x10 times with however many alts he has.. then thats damage. I just wish there was a site that collected everyones alt that used for scamming.. its kinda hard to follow alts. |
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Do we know if the authorities are watching to see if he comes back to the US or do they even care about this issue?
At least his wife is very keen to find out if he is in the US. She had a complaint against him. That's true, so maybe her lawyers can find him. The problem with that is she want money in the divorce and all the cryptsy customers want their money back too, so their won't be much to go around. Would his wife know his criminal activity before they split? If so, would she be liable for his action as well? It can be used against him if they are still in the states. And everything they own to their deed or ownership can be taken away if the the judge takes certain judgment on the class action case, similar to BFL Labs. |
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I choose a local desktop wallet if anything.
And if I do use a web wallet its on localbitcoins for temporary holdings pretty much.
Blockchain has too many problems in the past, where I saw a collected reddit threads which no longer there - but it shows incidents where their btc was stolen even with the 2 factor security.
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Well we're holding on to $440 or so, but I don't know where we're headed. Hopefully not only will $435 be sustainable (I know this thread is a few months old), but we'll go significantly higher than that.
Well we went crashing through that pricepoint... too early to tell if it's a correction or the begging of an actual crash, but we're certainly not stable in the above 430 area right now.. I think the $430 is the reasonable price for the current stage of bitcoin. So the price will stay here for some time. You know what would be more reasonable. My reasonable # would be $500-600 and it stays there even after the halving as its lowest price. Then thats something to see in my view. Disclaimer: I`m delusional. |
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I guess its a chance for people who are ready to sell before the halving even starts.
All these price drops will eventually hold some value in return due to lower block rewards.
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It's just that China holds so many bitcoins that they can affect the prices in a global scale.
maybe it is hard to admit, but China IS Bitcoin..so everything, what is related to Bitcoin is related to communistic country without human right situated somewhere near Russia and India:)) well played. so what youre saying is, if china bails out on bitcoin entirely, we are screwed in price? lol. but you know lets totally ignore all the us money that still makes up bitcoin to price point as well. we saw china`s exchange in the past saying they no longer want a part of bitcoin to manipulate some price points - and it still held. |
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As long it stays mid high $400`s. I think its okay for most, unless youre some whale depending on a couple more price movements. Its sustainable in my eyes as long its not zero.. |
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You should sell everything. What bad cam come out of it? Worst case scenario it'll be experience.
While everyone will sell everything, the few will buy and go into a opposite direction. Buying when people are selling something close to dirt cheap will usually means both see the same information, or someone knows something that doesnt lol |
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I mean if the point came down to owning phsyical gold or bitcoin.
I`d have to choose gold. Only because in most peoples eyes esp "Fincen" doesnt consider this as actual currency.
But until bitcoin does consider in the category of being a "money transmitter" and a form of "legit currency" to the public then yes I`ll be with bitcoin.
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Give me another 5-10 years and thats if I had a sum of serious bitcoin I obtained.
But if I cant even get a # of bitcoin itself then I wouldnt be looking forward to it, but it`ll motivate me to get something going until then.
If I`m dreaming and I had a good amount, I think retirement would be very boring though.. but it sure does sound nice.
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There was a reddit thread not long ago I read, which I`ll link here if I find it again.
But I`m sure you can search on google for this as well, that they been suspending accounts that trail to any involvement they see as a consider illegal activity.
In some cases members that havent even done anything get also suspended which people are frowning on coinbase for as well.
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selling account here in bitcointalk forum is a part of a method in growing your BTC and it is atill some members here are doing so, and thinking about it a lot of effort is needed to make a potential account for selling you can sell an account and double its price with good paying signature campaign on it that will surely increase your bitcoin more!
Seems like a good idea, I am also interested trading bitcointalk accounts but I am a bit worried because I heard there is someone from default trust tagging users that sell accounts as an account farmer and will get a negative trust as a consequence. Also it is frowned upon in this community selling accounts since it is discouraged but allowed I wouldnt risk it, cause what youre saying is true. I mean is it really worth it? In my eyes its not, but its discourage because it also increases scammers to obtain these accounts to do more damage. |
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