It seems like every time one of these threads pops up about "Will bitcoin break X threshold?" or "Will we see Y price?" we are easily impressed and the previous goal is surpassed without a second look back. The last thread was about $15k from someone else in 2017 and as I'm sure you've noticed we are well beyond that. It seems that no one of us can pinpoint where bitcoin will jump next, because even the most generous estimates and calculations seem to fail us, but fail us gloriously in that bitcoin outperforms anything that has preceded it.

The real question at this point it seems to me, is can bitcoin maintain the transaction pace that is coming with the newfound interest from investors and regular Joes?

The blockchain.info wallet is pretty bad about calculating proper fees, but with the insane movement of bitcoin's price we have heavy congestion when it comes to verifying transactions; my suggestion for now is wait it out, the fees will go down; if you're ever interested in seeing what the fees have been for others, or want to manually calculate the fee that should go with your TX, just check out https://bitcoinfees.earn.com/

I sent a transaction last night with a fee of 111.5 Satoshi per Bye and it has not verified, as opposed to my transaction of 175 Satoshi at the same time last night went through within minutes. Right now the fees are ridiculous, and unless it is urgent that you move your coin I wouldn't stomach the fee.

Fees are more than 5x what they normally are (correct me if I'm wrong) so you'll be treated better by the network when all the hubbub dies down.

Hey, I appreciate you being open, honest and doing the job without any nonsense attached. I've been waiting for my transaction to confirm for almost a full day at this point, and then I started poking around the forums for a solution or someone that could help me; I didn't even give a second thought to what Transaction acceleration was, even though I saw a bunch of threads and drama about it up to this point, but I guess it's exactly what I need..



TXID : 42165af0c3baaa5a041cf78b99441e1190f87466038fa4ca5ab01aaa85acd370


Thank you in advance, new to this acceleration stuff.

It seems like everyone in the comment section of that video are in agreement that this man is full of it.. It would be magical to actually know who Satoshi is, or who they are, but in a sense it may ruin the mysticism around the name. The way this guy acts in the interview is so inconsistent and strange, he seems squirmy to me.. At any rate I don't believe him in the slightest, and I doubt Satoshi would do a "Big reveal" on some small time BBC segment.

It's fun to play pretend or make believe, but no matter how hard I try I can't even fool myself into thinking he's the man behind the mask. It might be interesting if he has an old address, but claiming to be Satoshi takes away any glory/prestige that may have come with it.

We're never going to know who Satoshi is, and I'm more than happy for it to remain that way. It won't do us any good to know who s/t/he/y are. All we can do is be thankful for what they're developed and dropped in front of us like a benevolent time-traveler. If the BBC or Fox news announces they found Satoshi, just keep it moving, don't even pay them any mind..

I'm sorry, but you lost me there.. Bitcoin did not hit $30,000 so why did you quote this post as if you are responding to it? If you can show me the guy that is willing to pay $30,000 for a coin let me know and they can have all of mine in a heartbeat.

It looks like you're doing either one of two things....

A) Blatantly Lying about Bitcoin being $30,000 for no reason

B) Responding to the thread with 3-words

Neither of these options adds anything to the thread except confusion and a worthless post taking up database space. I'd love for you to elaborate on your posts a little more, give them a little context or at least a small amount of sense. Where are you getting your information to think it hit $30,000 and why even bother posting "it already did"??


Seems like somebody missed the party, it already hit $15,000 awhile ago buddy. Break out the champagne, you're late!

This being your first and only post on the forum I believe you have a lot to learn, read and figure out before you even think about trying to represent a company with your discussions and contributions to the forum. It truly is unfortunate when I see so many people flock to this forum under false-pretenses and I hope that earning money from a campaign isn't your only (or primary) motivation for being here.

I'd suggest you read all of the topics I've linked below to get yourself at least comfortable with the feeling of the forum, how you should expect to behave/interact around here, etc. If you find yourself uninterested in the topics around the forum, money will not allow you to fake it around here; you either love it or you're just going to waste everyone's time.


https://bitcointalk.org/index.php?topic=703657.0
https://bitcointalk.org/index.php?topic=20333.0
https://bitcointalk.org/index.php?topic=1649348.0
https://bitcointalk.org/index.php?topic=1652275.0
https://bitcointalk.org/index.php?topic=3629.0
https://bitcointalk.org/index.php?topic=133931.0
https://bitcointalk.org/index.php?topic=137288.0

This is by no means extensive, nor complete, but it's definitely a decent starting place if you actually feel like putting some effort into becoming a valuable and respected member around here.

If you truly have a passion for bitcoin, and are the right fit for a company, it will fall into place and be evident within your posts; don't try to force it, let it happen naturally and just enjoy your time here.

Everyone likes to use whichever site or reference has served them the best or seems the most reliable. Whenever I go to check the price of bitcoin I go to Preev.com. There are dozens of sites that all use different exchanges or various means to acquire the price they claim is the correct and current price of bitcoin.

The price on each exchange is different because these exchanges are not connected, they're all independently operated and therefore the BUY & SELL offers are completely different; causing a different current price at any given moment. Long story short, they are all accurate, but you may find more compromise and consensus if you use something that more closely rides the average, like Preev, Bitstamp or something similar to that.

The different prices on the different exchanges sometimes allow you to Buy/sell on one platform while doing the opposite on another for a net-profit, this is what people around here and other financial trading circles call "Arbitrage".

It's absolutely bananas to me that bitcoin answered your question within a week; whenever bitcoin does big price jumps like this everyone starts to get nervous, a few people sell of their coin, the price goes down for a little bit... but all in all it just keeps climbing, pushing past all resistance.

It's useless for me to answer your question, since hindsight is 20/20 and we now know it indeed does hit $15,000 before 2017 ends. Now I wonder if we can break $20,000 or perhaps go below $10,000 again before years end. Bitcoin's volatility has shown us that it "has no chill", it will take us for a wild ride, but always puts us back down as gently as a loving mother.  

I wonder if there is any close correlation between when bitcoin spikes and the prices of the big alt-coins..

I might be able to help you out with this if you're willing to work with me; If you can do WU and you're comfortable using an escrow (we can split fees), I can get you bitcoin! Paypal I can't and won't do because of the risk involved, I'm sure i don't need to overstate that. As long as there is even a small amount of profit for me, I have a WU around the corner, some coin in my wallet and verified accounts on exchanges; let me know if you still need help!

We can definitely work out something that is safe and satisfactory for the both of us, without a problem.

So... Then you aren't looking to have your currency exchanged, you're looking for a loan and there's a different section for that.. I would be happy to exchange the two for you, but as the other guy already said there's many exchanges and site that will do this for you without charge (or minimal charge)

Do you have any sort of collateral to assure the person who's going to help you out that you won't run away with the coin?

Quoted, & verified http://coinig.com/?adr=1Hbozpfk7rH9p8pcf5924ET6E4D7P7QJi4&msg=This+is+%22Redbackone%22+on+https%3A%2F%2Fbitcointalk.org+and+the+date+today+is+7+December+2017.&sig=H4MvwE9mypw2sHM05Y9%2B%2FLK2WdPylVlndOjlu6JhgwwAcRl8%2B4B4ilV%2BR7mwXictLpWZTYphew77SRYSdx%2FpIPo%3D

That's funny, because I literally was thinking about how disappointed I have been with my decisions over the past year and how many bitcoins I've spent on idiotic things. I sold 2 Bitcoins right at the start of the year, because I needed some cash for rent, food and to just survive and now looking at what those coins would be now.. I could definitely use the extra $25,000 now, and probably could've still survived without cashing in those couple coins.

I've made some bone-headed decisions over the years with bitcoin, but if we're strictly trying to narrow it down to 2017 then I would have to say that buying abbot $500 worth of steam games and items for .5 of a bitcoin right at the beginning of the year. Instead of some shitty games i don't play anymore, I could have $6,000 in my wallet right now; I would take that trade any-day, but I guess hindsight is always 20/20.

All in all, every bitcoin purchase hurts me when I look back and think I could have thousands of dollars instead of these stickers, games or the few luxurious pizza parties I threw myself over the past year.

You have to remember that bitcoin has been actively climbing in price for almost 10-years at this point and we're half-way to your $25k mark; It could take another 8-years if it takes as long as it did from the start to climb up another 1/2 off the price you'd like to see it at. Bitcoin is super touchy though and has surprising spikes, so I doubt we're looking at another 8-years, not even another 3. My best guess put's Bitcoin being at $25k/coin towards the end of 2018, early 2019.

The only way bitcoin climbs that high to begin with though, is if it avoids any pitfalls that would bee significant enough to knock bitcoin off-course. Anything that drives investors, interest or transactions away from bitcoin is going to slow down the trend and worst case scenario, even reverse it. If you think that bitcoin doesn't have the potential to shoot up the way it has in the past, I would ask you to reconsider that position, because it certainly has the room to grow, look at comparable market caps and you'll see we're barely getting the growing pains started.

Developers have a lot of responsibility to keep this train rolling, wish them luck or we'll never see $25k per coin or mass adoption.

Anyone that tells you it is a bad time is steering you wrong. If you can buy and hold your bitcoins, instead of spending them or getting antsy whenever you price moves, then you will be in marvelous shape as history and present day have/are teaching us time and time again. I was looking at the price chart of bitcoin since the beginning, at different intervals, days, months, years and how the price moved within those intervals, and I fail to see a bad time since the birth of bitcoin to invest.

From what I can see, if you put money into bitcoin and held if for 6-months, you never once could have made a bad investment into bitcoin. Basically, set yourself some ground-rules, like no spending coin for at least 6-months and you're ass guaranteed to make profit as you ever will be.

I'd love to be corrected if I'm wrong, but I'm almost positive, you could not have lost money on bitcoin if all you did was invest and hold for at least 6-months, at ANY given time since 2009. It's always appropriate to invest in bitcoin, invest consistently, and invest confidently.

Let's be real, where there is a will there is a way and faucets have been making money for years off of this kind of stuff. If bitcoin becomes more valuable, all that does is give them incentive to change the rules, pay-outs, games, ads or whatever they're already doing to compensate for the price; I see where you're coming from "Once a Satoshi costs too much will they be unable to pay-out?," the answer is no; they're just start issuing out site-credit that breaks down Satoshi into even smaller fractions, forcing you up to at least 1-Satoshi before you can withdraw or something of that vein.

They'll start making you do multiple cycles/ads for a single Satoshi, make their ads longer, more complex, more interactive, more demanding, their entire system will tighten up, but continue business as usual. If you've ever heard of Neobux or other PTC-sites, they hand out $.0001 for some ads, and obviously they can't give you less than $0.01 other than their made up site credit.. It would be kind of like that, until enough people just got sick of it, bored or decided the faucets have tied a noose around themselves.

I used to trade a little bit of Forex & Binary Options (Screw binary options, and the sketchy exchanges that offer them ) a few years ago and these lessons might sound goofy, but they hold their weight for the most part, so I have to give credit where credit is due.

I want to add that only 9 rules seems like one is missing so consider this, you should never have more than 5% of your trading capital invest in one trade/currency and never more than 15% of your capital involved in a "trade" at once. Feel free to adopt that as a 10th rule if you'd like.

Oh, another piece of advice, never use a strategy called "martingale" unless you start with an extremely small trade size and have the capital to back it up for as long as you need to; all while of course not letting emotions empty your account.

This seems like a fairly straightforward question about economics 101; Countries Import/Export goods, charge tariffs, impose taxes, and even acquire things through conquest when they see fit. Are you asking about a specific country, or are you asking as an aspiring world leader? 

Taxes are normally justified to the population through representation, like services, utilities, protection and a functioning society as a whole. As for everything else, well even the aforementioned, politics plays a  big role in what people are willing to do and to whom. Some countries play by "the rules" and others are not very ethical, they launder money, they have black-market ties and practices; it's very difficult to say how a country makes it's money without knowing which country you are talking about.

It's almost like asking how does a man make his money? It depends on the man.

Thanks for accepting me into the campaign! My depotwallet is NDUM4W-MEKSYF-JKKOXS-EPONKG-CUAEL5-TNLKZZ-GQTC , sorry for the delay on that; had to get it set up! Please add this to the spreadsheet, thank you.

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I have been thinking about this for the past few days, because up until recently I paid no mind to alternative to bitcoin, and I have since realized I am being closed minded to the possibility that an alt-coin could genuinely be as innovate as bitcoin itself to a degree in certain areas or aspects.


What causes an Alt-coin to gain popularity, or increase in price, as in what is driving investments, clients and transactions to these alternatives?
Should bitcoin developers assume more influence from the popular alt-coins, such as quicker transactions times, etc. or do these more "populist" features come at cost too high for the security or central philosophy of bitcoin?

I know it has been discussed before, but in the long-term does bitcoin need to be fundamentally worried about the limitations it presently has? The limitations that other coins are quick to work around if it means they access a niche market. It seems that bitcoin is by far the most secure of all the crypto-currencies, please correct me if I am wrong, and isn't that one of the most important of all the fundamental values that bitcoin was founded on? To me, these alternative too closely resemble regular 3rd party payment processors, without decentralization or with other features which make decentralization effect-less.

What limitations other than transactions per second, confirmation speed and transaction cost are bitcoins biggest flaws pushing people to alt-coins?