You you shouldn't. This shitcoin was shilled by Jackson Palmer, what else can I say? If you do end up buying sell as soon as you get any profits, don't gamble with shitcoins of this caliber.
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It's a project that will probably thank hard due being way too ambitious. Will not be bigger than Bitcoin. A better investment, also ambitious project than Ethereum is Maidsafe.
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I got limited time unfortunately, so I want to ask: Did he got asked about the blockchain size problem and how did he address it? Whenever I can i'll watch the whole video.
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While I despise elitist behavior like this, which only douchebags with luck condone, I se how this could be positive for BTC publicity wise, so whatever, let it happen and I hope we benefit from it.
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For me the "internet of things" is still a cool sounding buzzwork, but I don't see the benefits from having, say, microwave oven and a fridge that's connected to the internet. Isn that a bit over the top? this being connected to everything constantly is getting pathological imo.
No, not over the top. It's the future. And businesses will be making a lot of money off of it. IBM and Samsung have teamed up to heavily research and invest in the Internet of Things (IoT) - a model solved with blockchains. They wrote 2 whitepapers as a proof-of-concept: http://public.dhe.ibm.com/common/ssi/ecm/gb/en/gbe03620usen/GBE03620USEN.PDFhttp://public.dhe.ibm.com/common/ssi/ecm/gb/en/gbe03662usen/GBE03662USEN.PDFI'll highlight some quotes from their latest whitepaper: Through the partnership with Samsung Electronics and collaboration with the open source communities, ADEPT successfully demonstrated four use cases using functional Samsung products: - A W9000 Samsung washer autonomously reordering detergent (B2C)
- A W9000 Samsung washer autonomously reordering service parts (B2C)
- A W9000 Samsung washer autonomously negotiating power usage (B2C)
- Samsung Large Format Displays (LFDs) autonomously displaying advertising
content (B2B).
By empowering devices to engage autonomously in markets – both financial and nonfinancial – and react to changes in markets, the IoT will create an “Economy of Things.” Virtually every device and system can potentially become a point of transaction and economic value creation for owners and users. These capabilities will be crucial to everything from enabling sharing economies to energy efficiency and distributed storage. Applying the blockchain concept to the world of IoT offers fascinating possibilities. As soon as a product completes final assembly, it can be registered by the manufacturer into a universal blockchain representing its beginning of life. Once sold, a dealer or end customer can register it to a regional blockchain (a community, city or state). When registered, the product remains a unique entity within the blockchain throughout its life. The possibility of maintaining product information, history, product revisions, warranty details and end-of-life in the blockchain means the blockchain itself can become the trusted product database. Devices will be part of ecosystems that can also require continuously evolving levels of trust. As more transactions occur between peer devices, trust will evolve between them. What starts as an interaction between two trustless peers can over time become a semi-trusted or even a trusted relationship. So washers and refrigerators of the future, for example, will be equipped with higher storage and processing capabilities that make it possible to meet blockchain requirements for a specified period of time – not only of themselves but also of light peers in their trusted environment. We expect such products to become the standard in the years to come. For example, a solar micro-grid may be commissioned for a decade or a smart street light may have been registered a few years back. When servicing or support is needed, blockchain access may verify the first registration or installation details. These technological changes could foretell the biggest revolution since the origin of general purpose computing and transaction processing systems. One strategy that does offer certainty, however, is not advisable: sitting on the sidelines and waiting for others to pioneer this technology. TL;DR: The Internet of Things can ONLY SCALE AND SURVIVE with blockchain technology. They're calling it "future-proof"... And how will this blockchain self regulate and function without a cryptocurrency that acts as a means of incentive for the miners to keep it going? I dont get all those "blockchain without a crypto" projects.
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Hey guys. I currently have a little over 2btc at my disposal. I was wondering what the safest and best way to flip that into 4btc, and the 4btc into 8btc, etc. I really want to save up for a powerful ASIC, and am stumped as to how to turn this into more. I've tried exchanges, but end up losing more than I gain. Im looking for a solid and sure way to make coin off of what I have currently. Thanks!
Earn Bitcoins through interest payments by lending them out to a trusted member. or trading (not recommended for less experienced) EDIT Nobody's taking the Ponzi nonsense seriously anymore because it requires 10 minutes of research to see why it's wrong. It makes you think who's more to blame: scammers or people that fall for these scams! What stops a trusted member to running away with your money? Plus you never know if the account was recently bought or not. Even if it wasn't, you can't trust it even if the person seems legitimate... i see a problem with lending BTC money, otherwise I would do it.
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Unfortunately, it seems all of Varoufakis tricks are coming to an end. Tsipras has decreased his authority and now he will not be the main negotiator in the eurogroup.
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I don't hold BTC. I think it's better to hold altcoin and try to compound a move in both when selling for dollars eventually. These days I'm really heavy on casinocoin for example.
Why dont hold btc, but you hold altcoin? I think its better to hold btc and not altcoin. because altcoin can't up to $1000 or more. altcon for short term and bitcoin for long term. Holding altcoins is like intentionally destroying your money. People should know that by now. Bitcoin is the only coin worth holding if you look at its possibilities. this is true only today, last year holding some altcoin(jackpotcoin for example or the first x13/x15 coin), would bring to you plenty of money, now is just who dump first If it really happens I will sell all my coins, you're making me to buy bitcoins at this price with the hope of 1000$ per bitcoin price if everyone will do this it will never reach 1k, because a constant pressure like that would cause to fall at 200 even harder than when it was with willy both Everyone that isn't a nerd or of a certain ideology is just buying Bitcoin to speculate with the hope of it going higher in the future. Everyone wants to make gains.
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What's the best Bitcoin based show?
Comment and post any shows that you want added to the list!
I've been following Mad Bitcoins since the begining. It's a good way to get a resume of important crypto news quickly, even tho the voice of the guy can get annoying sometimes but the show is short enough that it does not become a problem.
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Lol obvious fake graph is obvious. VC capital is increasing yearly. Even if it goes down, that just means more room for us before the inevitable happens (BTC success).
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I would like a spinoff thread that goes like "I would not sell my bitcoins if..."
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Yep, you guys are right... A state can't really go and adopt Bitcoin, they need to distribute the money somehow, and they can't do this with Bitcoin. Just think of it this way: A state may want to use Gold as money, but it doesn't have any reserves and is already bankrupt. How are they supposed to get their hands on the gold in the first place???
Well, they could invest in a serious mining operation and use that money to distribute it. Also jobs would get paid with BTC.
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Being able to differentiate behavior of coin A to another coin B ("coin" being a unit of any so-called programmable currency such as bitcoin, but this proposition is not bitcoin-specific), in a persistent way, means coins A and B have different utility, are no longer functionally interchangeable, and therefore are worth different things to different users. This breaks fungibility.
Alternatively, if programming is not persistent across transactions, it has no memory (apart from the most rudimentary unique identity, such as a serial number) and thus is not "programmable" but "able to be tracked by something else". This makes the coin no different than any current electronic payment system where external, programmable scaffolding (in the form of off-ledger memory and logic) is used to track, route, and generally superimpose conditional behavior onto the currency.
Are fungible currency and programmable currency mutually exclusive concepts?
Indeed, it is annoying, but necessary for the blockchain to be transparent. The best we can do is mixing coins. It's a really annoying process tho. Why don't they add an official mixing feature on the wallet?
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Every month, your employer transfers Bitcoins into a time-locked address that can't be transferred out before you reach retirement age. You have the key to the address. You can verify the transfer on the blockchain.
No middle-men. No funny business. No brokers with pyramid/eyeball shaped logos. No "oops we went bankrupt and lost your retirement." No bail-ins. No raising the age of retirement.
Just Bitcoin.
Actually im doing something similar: I keep a % of the BTC I get into cold storage, in a really offline and difficult way to extract coins. I don't want to open that wallet until 40 years from now.
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Trying to pick up cheap, quasi dead coins in hopes for a pump is exactly the same as going to a casino and trying to win at high stakes. You are better off researching a good project and investing a reasonable amount than waiting for that perfect pump.
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In the simplest form how would it be possible for the price not to rise substantially in the next couple of years? Diminishing supply + growing exposure + exponential investment + trading options = positive price increase.
I'm not sure why anyone would be concerned about investing in the technology... this is a great time to expand the wallet. How many will be regretful for not taking advantage of early 2015 pricing?
Basically everyone not investing as much as possible into trying to stack up on BTC is committing a really serious mistake that will haunt them to the grave. This low price has been a blessing for me, I thought it was game over after we crossed 700 (price too high to stack anything remarkable).
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Nah this is just a Virus Hoax ---> http://en.wikipedia.org/wiki/Virus_hoax Having it on a LiteCoin sub-reddit makes it even more funny. It could be a Trojan, if you click on any of the strange links, but I prefer not to investigate any further. This is going to become more frequent as the popularity of Bitcoin increase. { Kaspersky is already spreading rumours of virus being spread via the Blockchain } which is useless because there is no .exe ... and there are already viruses (code) in the blockchain I've been hearing about the "viruses in the blockchain thing" but i've never seen a single example. Can you show an example of such a thing in action? and is Comodo Firewall and MBAM Premium and MSE enough to stop that crap?
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Because it is not 'user friendly' some people have never used a credit card, or they don't have any knowledge about internet or how to use a smartphone or pc. For the moment I think bitcoin needs a real killer app... and it should be more user friendly (most important it should keep the decentralization).
Exactly, user-friendlyness is an important problem to solve. PC-based and also web wallets are still very hard to use for non-techies. Smartphone wallets are on a good way, but can still be improved. And security is another issue - I would still not recommend BTC to people with standard Windows PCs. I think in the future we'll not even see addresses as we see them now. It's just not intuitive having to copy paste all those long ass alphanumerical strings. I think Andreas mentioned this in some speech. Bitcoin may change a lot in the following years from now, before it goes mainstream.
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is crypto done?? Weird conclusion lol. Localbitcoins is the CEO of bitcoin! If they are gone, that means we have no one to guide us sheep! What do we do then? Sell! You know nothing Jon Snow. We all do know the CEO of bitcoin died already. It's funny how media reports talk about CEOs of Bitcoin, sometimes they say the CEO of Bitcoin is Satoshi, other times they say it was the person that commited suicide, whats next, Winklevii as the CEOs of BTC?
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We need a proper NASDAQ of Bitcoin, and that is exactly what the Winklevoss brothers are aiming at with their Gemini exchange, which has been in the works for a long time now. When will they release it?
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