If things are headed upwards, I believe we're looking at a $35k coins in 10 years or so. There will be some more bubbles, some bigger than others, but we will find some sort of equilibrium at some point - maybe comparable to gold!
which means you bought a lot coins and are holding them firmly. however i think $35k is way too high. doesn't sound very realistic if you ask me. Truth can be stranger than fiction my friend  |
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No way can it be close to 12 million users. The amount of people that may have tried it once and never used it again, could be a pretty big number. But number of currently ACTIVE users must be below 500,000 IMO. There are only ~750K addresses with a balance over 0.1 BTC Wow that is discouraging to say the least, but lets hope this is increasing daily. It shouldn't be discouraging, shows we have a lot of room to grow. The average number of transactions per day keeps rising. |
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No way can it be close to 12 million users. The amount of people that may have tried it once and never used it again, could be a pretty big number. But number of currently ACTIVE users must be below 500,000 IMO. There are only ~750K addresses with a balance over 0.1 BTC |
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Well done! Together, we can all cross this CHASM |
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Sorry if this has been reported already: There are still no trades of BIT shares (GBTC) on OTCQX, but the top bids @ 40.00 $/share have been lowered to 38.00 $/share and some other lower price (can't figure out which). MAXM had a $40 bid a day or two ago. Now they lowered theirs to $30. |
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So are we going to see any bull runs this week? Or is this the week we re-test $160?
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Back in SRs reign, this day would be significant for Bitcoin transactions.
Wouldn't it have been a few days or the week before so they'd have their schmoke on time? |
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Clicked on this link expecting to see the xkcd.com cartoon on entropy. Was not disappointed.
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All that bid depth go from coinbase to finex, or what? Looks like it, coinbase knew it couldn't fool anyone with it's fake volume |
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There's a rate spike yesterday... was it really 4% avg rate for a BTC swap? That seems insane.  |
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To close out those shorts coins have to be bought back. They have around 20K coins on finex for sell. It was a joke about million dollar coins, but just wanted to point out there are more shorts than can be closed. Or am I missing something?
If I borrow something and sell it, and then I have to buy back in able to return what I sold but there isn't enough out there no matter the price, what do I do?
Also, I don't need bitcoin to be above 300. I want as many coins as possible, shorters are helping me accumulate. But seeing the order books I would not short myself.
That would be assuming the shorters don't short again after closing position or that people in long positions don't close their longs as the price rises. However as the price begins to rise from other closing their position new asks will be placed on the orderbook. |
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I currently don't use multisig. The few Bitcoins I have are on paper wallets and on cold storage devices. When I started saving Bitcoins on cold storage I was still pretty new to all this and saved them on a paper wallet. Later I discovered Armory and I've been using it since. I've been thinking a lot about multisig in the last few months, but I don't think they would add much more security to the setup I already have. I can either have a split paper backup in many places or the private keys and redeem script to use a multisig address in many places, so there isn't much of a difference. Armory has lockboxes, but I haven't really tried them, as I see no need to use them... Either there is no advantage in a multisig address on top of cold storage saving, or I'm missing something  If one can physically obtain a split backup, they can also obtain everything they need to spend from a multisig address. I only see multisig as an advantage on cold storage saving when it comes to having a shared address, just like a shared bank account... Maybe it's really useful in those cases. That's partially why I'm asking, if I should go multisig. I was thinking, if someone broke in and found my private keys to a standard address they could figure out how to use them pretty easily, even if they weren't advanced with bitcoin. If someone broke and got my multisig keys and the redeemScript they would have to know how to execute a raw transaction in bitcoin core in order to steal them, so there is that additional level of security that it requires more technical knowledge to use. |
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I was keeping my bitcoins in standard wallet with good strong encrypted password. What is multi Signature and how can I use it ? Where I can get it from ? How is it more safer than standrad encrypted wallet ?
Think of it like adding an additional lock to your front door. Standard address only needs one key to get inside. Multisig addresses can require M of N keys to get inside. (i.e. 2 of 3, or 3 of 5, 4 of 20, whatever/etc). Here's a good written tutorial:http://sx.dyne.org/multisig.html D'Angelo goes over them with his blackboard series: https://www.youtube.com/watch?v=zIbUSaZBJgUThere's also this guy: https://www.youtube.com/watch?v=ZKRLJGBMqWo |
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Is it possible to create multisig paper wallet ? If yes, how ?
Yea you can create one manually with bitcoin core in the console, and then save the 3 private keys, and the redeem script to paper. Easy for a typo error though, so I'd probably use a USB thumb drive instead of paper. |
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How many of you keep your cold storage in multisig addresses for additional security?
I've been doing this bitcoin thing for a little while now and I've built up a decent stash. I have mine on a standard address I created with dice, and backed it up on thumb drives, paper and in a safety deposit box at the bank. My back ups are still in base 6 format so if someone else somehow came across them they likely wouldn't know what it was or how to convert it -- so I think it's pretty secure.
Wondering how many of you keep your stash on multisig addresses.
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I generated this one a while ago, never used it
16Di6G13UBG32zXicoiNoLVhFobUDFdeGw
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is that coinbase on the far right? holy shit that walllll Yea it came out of nowhere yesterday. |
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Yea, let's try to manipulate the price of a new technology that lots of people are already very skeptical about.  |
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My last short was at 290 closed at 260 (good trade), then I went long at $250ish (BADD trade)... I suck at trading LOL  |
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Ahh ok, thanks Zakir! I was looking at that thread a few days ago. The only change I'm not a fan of is the monthly payments, but I'll probably still stick with this campaign either way. |
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