You're not making even a little bit of sense, I'm sorry; you're saying that having bitcoin is the same as having a lottery ticket, but this is beyond foolish because 99.99999% of lottery tickets are worthless, every bitcoin is worth the same.. There is no gamble in what you are getting, you are getting a bitcoin nothing more nothing less.

Bitcoin being a type of currency, could be replaced with "dollar" in your OP and we'd be left with a statement "Owning USD is like having a lottery ticket", even though you buy a lottery ticket with USD, only have a CHANCE to get any value from a lottery ticket, yet the dollar does not deceive you in the same way that the lottery ticket does. It is worth it's face-value, nothing more nothing less.

Your logic is circular, Bitcoin = Lottery, Bitcoin = USD, Lottery = USD.. Is everything a lottery to you? Things aren't happening by mere coincidence moment to moment, there is salience and reasons for why these things happen.

The lottery is people pulling numbers out at random, picking a random winner (or no winner). Bitcoin is a new concept that facilitates trade with new technology that connects everyone internationally from a decentralized and secure platform. For you to even compare Bitcoin to the lottery is infantile, when every single person that has put $100 in bitcoin over month ago has at LEAST tripled their money; how many "investors" of the lottery can say they have benefited universally in such a manner?

Religion is based on "faith".. Bitcoin isn't something we have faith in how it works or that it exists; it's measurable, it's decentralized, developed by consensus, it's physical.. People do not have "faith" around bitcoin as they do with religion, they see use in the technology being presented and know others will too.

I agree that the sheer amount of transactions is a good sign for adoption, but I think we may be being misled by these numbers simply because more "traders" have gotten involved with bitcoin and this is causing many more transactions than would be considered "casual" as Satoshi put it once.

I fear that the congestion and fees being imposed upon us and the people trying to get newly involved in bitcoin might get out of hand as the traders continue to play with bitcoin. The consistent and large price swings of bitcoin are attracting the wrong kind of people in my opinion, wall-street investors are going to have a strangle on bitcoin before regular people will even get a chance to adopt; when they do adopt they will be scared away by these fees, confirmation times and "intimidating" technology.

Dimcoin and BTC received, thank you very much! I see you've added Meta to OP, but still Beginner and Help has not been added; could you clarify that on OP, or are they allowed? Sometimes I head over to the Beginner section to help people out if I can.


This kind of post is only proving his point, and for what it is worth your posts are very short and non-constructive for the most part.

Hello, I am here to confirm that I was paid for week 1, got my .01 btc, however I did not receive any Dimcoin, and I see you have my depotwallet address on file. Can you please explain the status of the dimcoin? Thank you for sending the bitcoin.
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Also, my last post, please respond/update OP to include that Meta + Beginner's will not be counted, if this is the case.

Hey Frank, I'm looking for clarification on this, because the OP does not say anything about not counting posts in Meta, or Beginners & Help. The rest of the sections you mentioned are posted in OP that they will not count, but Meta and Beginners is not mentioned; is there campaign rules somewhere else I should be aware of?

Your order would be filled if the price drops to 15,200 on the Gemini exchange and there are enough people selling your coins on the exchange; it will be partially fulfilled if there are only some coins available to you at that price.

We cannot tell you how long such an order would be filled because it's entirely dependent on second to second changes in the bitcoin price and those who are selling/buying. If the price goes up and never comes back your order will never be filled, if it drops hard it will be fulfilled almost instantaneously.

The best option seems to be buying segmented amounts as you watch the price move so you can make a better determination about where it's headed. Bitcoin has been around for years, don't rush yourself all-in because of a price pump now.. One more thing, this thread may or may not belong inn the "Trade Discussion" sub-section.

It's impossible to say the best price to buy bitcoin, obviously the best price was lazso getting 10,000 coins for a couple pizzas back in the day, but this is an unrealistic price at this point. The best price depends on what you plan on doing with the coin; if you plan on holding the coin long-term then there is never a better time than now, because everyone that has held coin for any significant amount of time will tell you that waiting is always a mistake. If, however, you plan to have a short-term approach to bitcoin, you'll have to analyze the markets a little more thoroughly, see which development projects are being implemented, which forks are taking place and even what news may affect the price at any given moment.

I've been buying low, and selling high; I almost never catch the perfect timing, miss some % gain, but I make sure to grab it when I notice a pattern and expect it to vary from the pattern at least marginally. The best price to buy bitcoin is highly dependent upon how you plan to use it, and dynamically changes ever second depending upon even more factors that elude me currently.

This sort of thing happens time and time again whenever new bitcoin "companies" pop up a certain amount of them have malicious intentions to either exit scam, or they just simply don't put enough money or time on their security and seriously regret it. It used to happen on TOR and onion sites regularly, snatch a bunch of coin and then disappear.

Some people and companies just can't help themselves, but be short-sighted and when they see their business model lose it's glisten they strike viciously. I'm not even impressed or shocked by this, because it's honestly not even that huge of an attack, of course it's a ton of money, but we've seen big exchanges and services go down the same way many times.

I saw a Legendary member, that I don't remember the name of explain this pretty well; he was talking about how each "input" (coin received, which makes up your transaction) of your transaction, increases the transaction size by X-bytes (180 or so?))

So basically it was something along the lines of "If you want to send .01, the fee is determined by the size of the transaction and how congested the network is for confirming transaction; if you received that as increments of .001 or one lump of .01 determines how much gets eaten by fees."

Not all .01's are created equal. At a certain point, the amount of coin your receiving could be essentially "not worth it" if it is small enough to be competently eaten by the fee it brings because of it's Byte-size.

I absolutely love the fact that every-time bitcoin has a spike there are droves of people rushing to the forums to try and be the "I told you so"-guy. These are the panic-sellers, the queasy long-term holders; For some reason even being privy to the history off bitcoins price and the repetitive pattern of these scared people being consistently incorrect and those same people being the ones to miss out on the second, third and fourth spikes.

I say, bitcoin is probably not a short-term bubble, because we've been through this dozens of times over the past years and it always turns out the same. It seems like the only thing that any of these people claiming it is a bubble have for evidence that it's going to "pop", is just simply that the price is too high, or a couple investors are going to exit; this is flimsy at best, and it's taught me that some people just won't believe what's in front of their face until it's too late.

I agree with this fellow talking about the logarithmic growth and resistance channels, that's how I've been trading my coin on exchanges and I keep coming out on top. It definitely seems more realistic that this would be the proper lens to view the price changes, rather than what OP is suggesting. In fact I'd be willing to bet that Monday sees a price increase on bitcoin, and OP gets to adjust their view on bitcoin to a little more realistic away from pessimism. There will be buyers, sellers, traders, town-criers, pumps and dumps with the incoming investors/futures, but we did fine before them and we'll continue to grow at an absurd rate while they remain short-sighted and naive. More like "see you at 18,000 Monday."

Volatility is not inherently malevolent by any means. Those that complain about it's volatility are most likely not seeing bitcoin in the proper light; these people have definitely not benefited to the fullest that the volatility offers. As long ass you are not playing a short-term game with bitcoin you shouldn't be too worried about the volatility. Anyone that has held bitcoin for more than a year at any given point is thanking the stars for the volatility bitcoin brings to their pocket, because all considered, the volatility has been a blessing and more often than not it's bullish!

I would expect to see increased volatility for the next few years and especially over the next few months because of the bitcoin future stuff and multiple forks approaching. This is a good thing, because it means there's increased interest, investment and effort being put into bitcoin; it does mean we'll have to deal with the congested network issues, though.

This sounds interesting, not your run of the mill signature campaign so that's pretty exciting because I haven't seen anything like this, or at least not for a good long while. I'd be interested in hearing some more details about this, and potentially taking on your program here.

I would make similar suggestions as others, everyone loves an escrow, up-front payment is better, but that presents new problems, so do as you see fit, as long as everyone gets paid no-one will complain about the campaign. There isn't an incredible amount at stake regardless, so let's hear some more.

This thread is FULL to the brim with people so doubtful about this being a possibility and it's astonishing to me. If I called your house 10-years ago and told you 70 bitcoins is all you need to be a millionaire, would you have believed that when you began mining 100's of bitcoin on your crappy laptop?

The reality is that the price of bitcoin started at something less than $.01 per coin for the first months, lazslo's pizzas, the early days.. Now that price has climbed exponentially, by countless-thousands of % .. It has made bigger climbs, through tougher times and more complex problems. I don't understand how anyone can be in doubt over this claim. The question is "when," not "if."

If you invested $1 back in those days, you'd have over a million dollars, about 100 coins. These days that $1 only gets you 0.00007; bitcoin has shown all you horses water, yet you refuse to drink... What must it do to make believers out of you?

When it comes to friends man you've gotta figure out what they mean to you as a friend before you do anything rash. The other guy is saying "friends don't owe you money" so unfriend him and demand it; is your friend in a position to pay you back or are they having a tough time? If they have the coin, or the money, I'd for sure ask for it; make sure your buddy even remembers that they owe you money in the first place haha, they honestly might not even remember.

I owe a friend IRL .035, and I haven't talked to him in years. If we ever meet up again I have it for him, but I don't know his address and just haven't spoken. Talk it over with them.


EDIT : Seen you spoken too them, so now maybe just discuss them putting aside some money each paycheck to pay you off ?

I've been having a similar feeling about the alt-coins, just having a tough time deciding which I think are the best bet for a spike. I recently bought a couple of ETH just so I don't get completely left behind if/when it has an exponential climb. I'm working on diversifying my coin portfolio so that it's sort of like a Crypto-Index-Fund. Sounds good enough for me, I hope your predictions are right; but what makes you think XMR and LSK will remain it's relevancy (or even increase) after the future Bitcoin Forks?

I think after a few forks, heavy investment from trading futures and some developmental growing pains there will only be a few, if any, alt-coins that remain relevant.... I see an alt-coin purge coming within the next couple years, and only those that bring something unique and significant will thrive.

I feel like there are too many alt-coins, and too many of them are "cult" followings like an indie movie; a good chunk of them have a "hipster" feel to them.

In my opinion the only alt-coins that are going to fare well in the coming years or be able to secure themselves a place in crypto are the coins that bring something new to the table; the coins that fill a need, or bring a solution to a problem are the ones that are going to be adopted, traded and worth investing into.

The current fees, and slow transaction confirmation speed will most likely drive the price of something like DASH up, because it is a pretty solid answer to the biggest problem of the day for bitcoin. It seems like alt-coins do their best when bitcoin is at it's worst, so you have to analyze which coins are actually remedying a pain-point and tell those apart from the pump-and-dump ICOs.

Bitcoin remains the most secure and still has had a couple of issues over the years in that area, but people can't feel secure using a coin if they can't move their coins freely, either.. So this gives you an idea of what coins to keep your eye on and when. It is also incredibly difficult for the regular person to get into bitcoin, acquire a bitcoin, so in that respect other coins also give beginner's an easier time when they're first getting into crypto; there are just too many variable to tell you a list of coins that will perform, but some simple criteria will give you an algorithmic approach to picking alt-coin winners..

I've been talking about bitcoin to people since I was in high-school and always have gotten the same blank stare. I remember being on a different forum and thinking "$80 is way too much for a bitcoin", and then getting upset with the currency exchanger thinking he was trying to pull one over on me. I was talking about bitcoin, trading, earning in small ways before I even thought about the price, but the first time that I can actually remember seeing a price put on a coin was at about $50 per coin.

It's honestly a shame I didn't put more into bitcoin when I thought that $80 was too much for a coin, I'd have a nicer car.  

I had so many discouraging people tell me it didn't make sense, it would crash, it would never be worth any "real" money; I'll never get caught sleeping on bitcoin again, it's getting my full attention these days and I know it'll pay off when years down the road $15,000 a coin will be a distant memory.

I honestly can't for the life of me imagine how the blockchain would be hacked, other than a 51% attack or whatever it is called; I suppose double-spending can be seen as a flaw, but that was more on the implementation into a market/commerce settings being uninformed and naive. I think there are some people worried about the SegWit implementation because I think that introduces some new security flaws to the blockchain, we shall see.

Government bans would just increase the price IMO, when your government tells you that you can't have bitcoin... That's when it's really time to get some bitcoin.

Exchange hacks have happened in the past and destroyed the price of bitcoin few a little while if I remember right. MtGox had a really bad attack that chunked the price of bitcoin at the time because most transactions on the bitcoin network were associated with MtGox at the time. Er go, my vote is on Exchange attacks, because they've happened before and I wouldn't put it past an exchange to try to make a quicker buck at the cost of their security, being ignorant to what bitcoins capabilities and limitations actually are and only being concerned with how much fiat they can make day-trading.

They vary independently of one another, so you can't expect ETH to increase proportionately or even simultaneously to bitcoin. A lot of the recent news with bitcoin is what is causing so much interest and investment lately, causing the price to go up; there is nothing new currently bringing new interest in mass-waves to ETH so the price is representing that through it's monotone attitude in the market right now.

Bitcoin has investors going crazy lately because of the futures trading that's being discussed and implemented. People get excited about the idea of forks giving them "cloned" coins, and everyone is getting involved as heavily ass they can because they've all heard the recent hype..

If bitcoins fees don't settle down soon, and transactions continue to struggle through confirmation you can expect ETH price to go up strictly because people want to be able to move their coins around. With that being said though the ETH network seems pretty congested as well, so that's definitely stunting it's growth currently because nobody wants to use an alt-coin with the same problems.