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My money (or I should say BTC) is on sometime between March 2017 to September 2017.
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i heard things are about to change (sooner or later), what do you think about the future of bitcoins after ww3 (if its true and yes its true) ?
Bitcoin after WW3? That all depends on whether nuclear weapons are used on a global scale.  |
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So I just made a transaction and I went to the blockchain.info website to check status. First thing caught me off guard was the last block showing was over 3 hours ago... nearly four hours. So I pasted the TX ID into the search block and it went it showed as unconfirmed which is normal... only been a few minutes. So then I went back to the home page but it popped up the Server maintenance message.
Is this normal? Never seen it before on the blockchain site. The blockchain still functions without that site right? edit: okay, that's probably a stupid question but it's still just wierd if there are no transactions going down in 3+ hours but I think I've heard of that happening too... It's just wierd that it actually gave info like the last block was over 3 hours ago.
They also show a twitter page on their website but when I go to the twitter link there is nothing there. wierd
Yes, I noticed that Blockchain.info was definitely messed up today. It is way behind on the found blocks as well as not showing your confirmations correctly. I've been using Blockr.io to check my confirms today. They seem to be accurate. Blockchain.info has gone down a lot lately during the Spam attacks, which by the way if you did not know, is currently going on. It seems normal now for Blockchain.info to have problems during the Spam attacks. |
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I think, to answer your question in present terms, super positive price for 1 BTC would be around 5 Million USD.
This number is only based on USA.
If the world began using BTC as its only means of currency exchange, then 15.5 Million USD per 1 BTC.
IMO
Sounds nuts but it's actually way more accurate that winkleloss bros saying it could get to $50,000. I mean Coinbase CEO is now saying it could become the reserve currency. In the eye of a currency collapse storm which we are heading toward its not that crazy to think people would reach for the one currency that actually worked. When the Wink Bros say $50k USD, I think they are thinking just a 1 Billion Market Cap. That is the number as a payment processor, like VISA, Mastercard, etc (combined). If "Dollar Collapses" or the World uses BTC as its collective global currency system/supply, then I think 5 to 15 Million USD. I could be very wrong, I'm no economist nor mathematician. I'm just thinking dooms day scenario for world, but most positive outcome for BTC. EDIT:
CORRECTIONS: The 1 Billion Market Cap, that I stated above, should really be around 700 Billion Market Cap.CORRECTIONS: All Credit Card Companies (USA) combined in 2012 was 7+ Trillion Market Cap.CLARIFICATION: When I calculated my "5 to 15 Million USD" above, I was using 2014 USA Wealth to 2014 World Wealth Stats.CLARIFICATION: 2014 World Wealth = 264 Trillion USD divided by 21,000,000 BTC = 12.5 Million USD |
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Let's just say Bitcoin did do as well as most people most positive scenarios. Say the dollar collapses and Bitcoin is seen as a haven and say within 5-15 years Bitcoin was the reserve currency, the backbone of the global money supply. I'm sure other fiat currencies would still exist but what would the price likely be in this super positive scenario?
...
I think, to answer your question in present terms, super positive price for 1 BTC would be around 5 Million USD. This number is only based on USA. If the world began using BTC as its only means of currency exchange, then 15.5 Million USD per 1 BTC. IMO |
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I dont like BitCoin for these reasons: 1. The whole idea that someone can turn on his computer/GPU and " bit mine" and earn money is ridiculous. People should earn money when they work hard for it. Turning on a computer and leaving it to run does not and should not count. This is a waste of electricity as well and therefore it causes greenhouse gases and has a carbon footprint.1a. Then I guess when farmers use automated network controlled tractors and etc to harvest their crops, that isn't work either and isn't really "proper crop". 1b. When a single volcano erupts on earth, it throws off more green house gases into the atmosphere then a few decades of human civilization. A Volcano is a larger threat to the ozone layer then Bitcoin is and there is one going off every few minutes. 2. One would think they came up with a new currency system so theft could be prevented. No, BC gets stolen all the time. Why couldn't they "disable" the serial numbers of the currency that was stolen? Thats the kind of system that should have been designed. 2. Disabling "stolen" bitcoins makes no sense. Who is to say what is stolen or not? Who is the decider in a decentralized system? 3. BC is unstable. People lost a lot of money ( one tiny example; there are probably hundreds and thousands) and they did nothing wrong. A good modern currency should not have this defect. .... 3. Bitcoin currently is not a currency, it is an asset, and currently acts as an asset. As time goes on, and with stabilization, it will be a proper currency. Edit: corrected grammar errors |
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Yeah. He also used that addy on HF. If you check out his posts on bitcointalk, they are all a few words. Which is against the rules (must make substantive posts). That account is probably a throw way that he will sell or scam with in the future. I suspect he was a bunch of those. The person who lost their coins should place a hacker/thief trust rating on his trust, since it seems that is his BCT account. |
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scam written all over it from the start, and not a very good one  I like to imagine that this is a lady who lives in a South Amercian country, who received 12 BTC from her dying father, who received them on a paper wallet, from a strange man who arrived at their village/town one day, then he disappeared. (Satoshi?  ) Her father, as he was dying, passed them to her and said, "This is magic keep forever." The next day, she went to the city and paid for a computer in a internet cafe, and here we are. That is what I would like to believe. LOL! Edit: punctuation etc |
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Hi all.I lost 2 btc to exchange with the site now.   I don`t Confidence on sites. and i want to sell 10 btc as soon as possible  because i need money. my price for all of 10 btc = 2000$ my price for 5 btc = 1200$ please help me. call me soon or send me PM jessicalabron@gmail.comI will buy all 10 BTC. I can send you cash or money order in the mail, or I can deposit cash into your U.S. bank account if there is a bank branch near me. Sent email and PM. I am sorry to say that you are wasting your time. There is a reason why this person created an account to create this thread and that reason is not to sell Bitcoin True, but I'm sure DannyHamilton is more experienced and capable of not getting scammed whether its money or banking/ID information or w/e. I'm endearingly watching this thread to see if this is a windfall jackpot or another scam. *Popcorn crunching noises*. |
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make sure you either use escrow or sell to a well know and trusted member.
A few red flags over this one though.
Yes. Seems too good to be true. Probably also a hacked gmail account. |
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blockchain.info most certiantly DOES NOT need to know your private key...
They use normal 1... bitcoin addresses right? Then how can it be possible that its impossible for them to know the private keys? The wallets are on their servers, which means one way or another they, or at least an employee has to be able to get the keys. Maybe i did not think it through how it could be done otherwise. I believe they do. And they definitely have your private key if they are withdrawing and depositing on your behalf. Blockchain.info can not withdraw your BTC on your behalf. That makes no sense. |
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blockchain.info most certiantly DOES NOT need to know your private key...
They use normal 1... bitcoin addresses right? Then how can it be possible that its impossible for them to know the private keys? The wallets are on their servers, which means one way or another they, or at least an employee has to be able to get the keys. Maybe i did not think it through how it could be done otherwise. Your browser on your computer encrypts/decrypts your blockchain.info wallet. Blockchain.info only holds and stores your encrypted wallet and sends it to you. In theory, they do not know your private keys. Here is their explanation: https://blockchain.info/wallet/how-it-works |
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I lost my bitcoins - on Poloniex and - they didn't send me a comfirmation email for the with draw
It was just sent to this address 14yajKFoY4ADnNcxz6ze84CQ1Zbt4WGyTf -
...
That seems to be a hacker's address. It is very possible that if your password for Poloniex was simple, that it was easily hacked. If you did not receive the withdrawal confirmation email, it is possible that the hacker changed you email contact. If you still have access to your account currently (hacker did not change your password), it is possible that it is really malware. You should scan your computer for viruses and malware immediately. Did you open a support ticket? If so, please advise what their explanation was? |
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I've attempted to understand the technicalities of blockchain analysis, but some basic yet critical piece seems to have escaped me. Even if one could theoretically tumble their coins a enough times and remove all taint, why would it matter if someone is tracking you already? If they know you have a wallet with dirty coins, don't they "have your number" and could follow your transactions regardless of whether the BTC in your wallet are dirty anymore or not?
In theory, when you tumble your coins, you will not place the "new" coins back into your original "dirty" coin address. If you did do that, then tumbling is pointless. |
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I have to say (even though you said faucets aside) is I got my first few satos from a faucet in very late 2013.
Without faucets I probably would have never got my hands on enough to mess around with and ultimately learn about Bitcoin.
I'm stating this because this is the reason why I think BTC faucets are more important (especially for adoption) then some members here think.
But aside from that, my real first decent amount of BTC was from a good old gambling whale named LiKa Shing.
Those were the days, Lol.
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I voted as well. Keep this thread at the top!
BTW, anyway to see the results yet or we have to wait till the very end?
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There were users going here and there stating their opinions as to whether it was financially profitable or not (extra fees).
Many said that it was not. I stated it was very profitable if a miner was preforming this.
Most users here like to think it was the banks trying to "takedown bitcoin a few notches", or etc.
But from what I have seen, not many higher level or knowledgeable users actually weighed in on this/the topic.
You have created a well written post that I hope to see more discussion and in depth study by those who have such ability.
Yeah, I'd seen the conspiracy theories. You get that when people think that they're part of a rebellion and the whole world is trying to stop them. But the people wondering whether it was financially profitable or not, just hadn't gotten around to doing the math. I actually did the math (I analyze attacks on crypto systems all the time) and went, holy crap, that's a lot less than the 51% everyone's been scared of. Yes. I'm not a programmer nor good enough at math to do the heavy lifting. Thank you for your work. |
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They hadn't had a chance to yet; you responded only fifteen minutes or so after me.
I should have been more clear. I believe that there was funny business going on with the recent "stress test". There were users going here and there stating their opinions as to whether it was financially profitable or not (extra fees). Many said that it was not. I stated it was very profitable if a miner was preforming this. Most users here like to think it was the banks trying to "takedown bitcoin a few notches", or etc. But from what I have seen, not many higher level or knowledgeable users actually weighed in on this/the topic. You have created a well written post that I hope to see more discussion and in depth study by those who have such ability. |
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Thank you for posting this.
I agree with most of what you are saying and surprised other higher level members (such as yourself and higher),
have not created threads in reference to this crucial topic.
Also, could you do a TL:DR at the beginning or end of your post?
Certain users will gloss over your explanation and I believe will be helpful to gather discussion.
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