So can you explain that on what might have triggered it? The rumors have been going on for the past 3 to 4 days ago and yet again today we are hearing the same thing. It's getting pretty boring. And just to be fair if the price ever goes up again be sure to put out the same announcement like what you are doing right now
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Well in the article it didn't mention anywhere that she's a bitcoin user so it's more like a promotional ambassador engaged by branson or like a vip guest in the event. I could be wrong though but that's the way I look at it right now. Hopefully there are celebrities who are actually into the game and help bitcoin to spread the message.
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Right now without any backlink, you might be in luck if there's a buyer seriously offering a hundred for it. Don't forget you have the .co .ninja and whatever long list if new tld extension that basically dilutes the worth and creates a competition among itself. If I were you probably I would slap some contents in it, then get some traffic giving more chance of having interested buyers.
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I just thought we are overreacting to the situation. More like a fud trying to scare people away telling them that the community is undecided and with no direction. I think your coins holding are pretty much there whether it is on chain A or B or whatever you guys want to call it. It won't just disappear just like that.
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Well I don't know how you are going to do it but best of luck. I hope you have a trading strategy in place and especially with a backup plan on hand. Trading alts these days are getting harder because generally people are pretty much aware of the risk and forthcoming event and they would sell at every opportunity even if that means making a marginal small return. Lost my stash once becoming a bag holder so for me, that's a painful lesson learned.
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Well, there is always a dilemma, if we don't do it now then when? As we move further down the road, the risk associated would further increase. But then if we don't do it, the question is, are we fully prepared for the eventual increase in number of transaction, years down the road? We are talking about bitcoin reaching mainstream adoption right, and isn't that what every bitcoiners who are holding on to the coins envisioned for?
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Hopefully one day I'll get the chance to see a game system being developed around bitcoin. Something that will actually reward you based on the hours or time spent playing the game or a concept whereby you can actually trade the in-game currency with real bitcoin. Similarly vice versa including buying game tokens with bitcoin or spending it to get credits. The possibilities are endless.
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Well, as the title says, imagine if all those are kept in offline paper wallet which would be your preference in terms of ease of use and security. The advantage I can see having to manage 1 btc in 8 different addresses is that if let's say one of it ended up getting hacked or compromised, it's likely that the rest are still safe. Or if you lose one private key, you still have the other 7.
On the downside, what i can see is the hassle associated with managing 8 different private keys.
I'm sure there are other pros and cons. Your thoughts?
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For me, it feels a lot like 12/31/1999. Everybody was so curious back then. http://en.wikipedia.org/wiki/Year_2000_problem"What do you think will happen? Maybe all the lights go out at midnight! Are there emergancy plans?" It was a great disillusion, when it became clear that nothing - not a thing went wrong on that day. Well, nice party anyway. J.Lo even wrote a song about it: "Waiting for tonight the crash." Will we see a crash? IMO: Well maybe, if btc-e shuts down, okcoin is announcing insolvency and bitlicense kills the marketplace in NY. Oh wait, how about a sudden rise and we unexpectedly see the price breaching the 1000 level once again. The real problem here is that people are so convinced that it will go down to end up becoming nothing, that we failed to see the opposite. And for the crash to really have so much impact, I would expect all the big exchangers to all go down at the same time. So, very much unlikely..
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No matter how strong or how reliable a fiat currency is, it is still a fiat currency. Centralized, open for manipulation, uncontrolled supply with no cap amount, and a total opposite of what bitcoin stands for. The reason why it is still here today is because people are still misinformed or completely misguided. I hope that will change someday.
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But the question now is, could we really go wrong/bad after all these efforts and economic organizations entering the game ?
Thank you.
Fact is nobody really knows the real answer to this question. Yeah, one could say that things can suddenly imploded and whatever worst case scenario that we thought could never happen, might in fact happen after all. But as what you've said, we have seen people putting their best effort into it, be it investment in terms of time or money, and I'm sure these people would have known what they are doing. And obviously they see a chance in it.
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Well, if anyone has the capacity to crash the market, then just do so. With a sizable amount of bitcoin, probably that is enough to launch a number attacks and when the coins are finally drained out, it's time for the bull charge to set in. We have seen the price going down fast but was able to recover back, so that gives me the confidence that whatever bad that is going to happen, it will never be long.
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I expect there are quite a lot of buying support these days that despite all the fud and lies spreading around about an imminent crash, people are generally still unperturbed. And somehow the buying managed to keep the price stagnant at the same level that whatever new supply getting thrown to the market, it was bought up immediately. Further few months down the road should be exciting. I don't expect a crash anytime soon with all the hype surrounding the halving next year.
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Well, similar like what you are thinking, generally I don't believe that the effect of block reward halving will be instantaneous. A lot of people are expecting a boom which will take place immediately right after the cut but for me, I feel that the effect will only be felt months down the road, when the supply effect finally sets in. Don't forget we have a lot of mining farms still holding on to substantial amount of stash and they are waiting for the right time to sell. So the effect of price increase will not be very soon.
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If you have confidence in bitcoin and what the future holds, other than holding on to your stash you can also consider investing in startups which the business model are bitcoin related. If you are willing to take the risk, you can also opt for margin trading to get higher returns. It's kind of risky because there's a possible you will end up with nothing. so you might want to consider all your options.
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It is possible that gold is losing its shine considering the fact that now we have cryptocurrency being slightly better. However, I don't see it becoming oblivion or being forgotten anytime soon. The ideal scenario would be bitcoin moving alongside gold as an alternative investment option and certainly no matter what, those two are still far better than holding onto fiat.
The people who are stacking tons of gold (around 5% of their wealth) have no cares to what Bitcoin is at, they just want a hedge in case an economic crisis. those same people usually care only about their portfolio/income, so if they see bitcoin as a better altrnative they will jump on board regardless, but it's not exactly the case for bitcoin with the current down-trend This is true but we have no real data on if an economic crash would keep bitcoin up on high, we all theorize it would since it is essentially digital gold but we have no proof of that. I personally think it will but it just hasn't been tested yet. It will not happen until people see it as a reliable investment that will protect their capital in the long term. Even though fiat is collaping, people will still have doubts putting their money into something that will have high possibility ended up the same, unless they see bitcoin giving a steady return. Until that happens, there is no correlation whatsoever.
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I'm not sure whether it exists but in a real world, does equal rights and opportunities is really possible? Fact is there will always be loopholes and a way for a person to be more well off compared to the other. So no matter how perfect the system is, it will cease to exist if there is no way to reward and give a bigger piece of the cake for those who manages to outperform the others.
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Great. I supposed the offer would not be available for those people who already has an account. Nevertheless, I have doubt that the promotion would bring positive results to get more business for circle. I mean a lot of people especially newbies or even experienced users will just open a new account and will then transfer it out somewhere else.
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Well, I think he should. Whether he does something or otherwise to the codes, his return will certainly give the boost in the level of confidence. Probably it sends a message that somehow the developer is still around to support the coin. Indirectly, for others it will give the impression that, there would still be hope.
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buying and holding. that will make your bitcoin grow.. thought I just buy and buy so I'm always running out of bitcoin.
If you always buy it everytime yes your bitcoin stacks will grow but the value of your bitcoin will stay the same and you can still make no profit from it with just do all buying and holding it. I dont think that will be a good method to do since there is a chance to lose the value Maybe lose in a few time but if you have exactly or timing the right time to sell it . It will be worth it and you can now enjoy your coins. Exactly that's what i don't like in trading , Holding mean just that you will sell later but in a long term its not a guarantee method to grow up your bitcoins . Bitcoin Boy . You can guarantee the grow of your bitcoins because you are only waiting for the time and for sure the price of the bitcoin is high so that you would sell it. Yes may be it will guarantee you to make profit and grow your value too but in the end you still get low payout because you just wait the price go higher then you sell it that is not a good way to grow it. May be yes it will grow but the time you take is too much to get profit You need to be faster and earn more You can do your real job until the time comes to sell your coins. You can get a high profit but slow growing of bitcoin. The real job that you said will support you in your bitcoin but we can't always depends on this bitcoin trading. Selling some bitcoin wont grow your bitcoin, it is just get you some profit but if you really want to grow your bitcoin I can suggest you to spare some of your salary to invest in bitcoin and do some alt trading or may be gambling, you can earn alot from it but only if you feel lucky It all depends on the risk level that you are taking. The higher, the better your return. That is especially on new altcoins but it all depends on how fast you get in and how fast you get out. If the risk is about losing all your coins, then I think it's still better to hang on to it and do nothing. After all, we are waiting for bitcoin price to go up right? So what is the difference if we just wait.
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