Plnt trees, buy lands, invest in something that will give small but sure gain. Don't need to take it high in the skyscraper. I am an optimist so I like to gamble big, but saving sensible or investing sensible is the right way to go.
To do all of these you first need to make some money... it all starts with having a job or some sort of monthly income where you can save a % of it monthly. If you are only paying bills you are another poor soul trapped in the system with no hope. |
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Out of the 14 million plus coins, how many are lost coins? A lot of people (especially the earliest miners) lost their private keys due to negligence....
No. It's quite hard to get a total sum, or estimate. We can't really know which address is lost. There was one thread, which I can't seem to find, where known losses were being recorded. I highly doubt that we could say that it is 'a lot' maybe in a few years. It's definitely within a reasonable amount, maybe even under 100k? Anyhow Bitcoin can be divided, so this should not be a problem. Yeah it shouldn't be a problem, we'll never make use of single satoshis anyway. I heard someone said that the entire Bitcoin economy could, theorically, work on a single BTC. Is this true?? |
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You cant really convince people telling them, you can showing them. Show them how you can easily convert BTC into fiat quickly without anything else but a smartphone with bit2me. This is effective.
Oh yeah that shit is pretty awesome. I was so turn off by the idea of needing to give your ID, a tax paper and god knows what else in exchanges, even your god damn fingertips in actual BTC ATM's to get some damn money. With stuff like that now we can use the existing infrastructure to get things done quick, instantly without even waiting for confirmations. The future is now gentlemen, and we are 10 years ahead of the pleb. |
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Above ATH is a FACT, we'll get there, if you don't have this mentality you don't fully get bitcoin and have no notions of what long term holding is.
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I really dont understand what is "Reward" in mining altcoins. Who/What prescribed it ?
It's the same as mining Bitcoin, but you get the respective altcoin you are mining instead of Bitcoin... pretty simple? |
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bit of a stretch  blockchain tech sounds more like a solution looking for a problem  Your comment within itself is a stretch, so stretch that it ends up making zero sense unless you want to explain it better. |
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Bitcoin is intelligent. No, I don't mean that it is a good idea, or clever people use it. I mean that the network itself is conscious. Sound crazy? Yeah probably it is. Anyway here's my blog post about it:
http://frass.woodcoin.org/?p=25Let me know what you think. Interesting take indeed, but I don't see the AI part, is "just" the most advanced way to process transactions in the planet, that deprecates anything else done before. |
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I remember Virwox also offered a service that would let you buy BTC over paypal but it was very limited. Usually is not a good idea to use paypal to buy BTC even tho is the quickest way afaik. |
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This should do: https://www.youtube.com/watch?v=O305BmU1VgQThis can impress clueless people. Given they aren't braindead, they should see the revolution of sending value this quick surpassing all limitations as never seen before, which shows how much of a FUD/clueless idiot one is to not be buying like crazy as we speak. |
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5 years seems overkill, now give it 10 years and 99.99% chances are that by 2025 OP will be safely retired.
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There will be no slow and understandable rise.
Last rise to $1k was individuals.
The next rise will be institutions, and governments will be forced to capitulate.
We are witnesses to one of the most historic moments in the human race, and we all have prime seats.
It's a mistake to believe that bitcoin will be rationally priced as a fair percentage of the economy it represents... What will happen is that irrational bags of meat will lose their fucking minds and drive the price of bitcoin to absurd values.
And I'm already here, MJ popcorn gif style.
Indeed, if you don't own a decent stack of Bitcoins right now your future is going to be extremely boring. The only exciting thing happening in the economics worlds literally. All other stuff is extremely boring to hold long term. |
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I am waiting for 101$, as at 100$ price will rebounce immediatelly  These psychological price borders are funny thing. You could say the same about 101 USD ("everyone is thinking the same"). Then you miss the boat because your order was too low. |
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Hello there, i dont know if its the right place to post it so please move it in case its not. This man on youtube besides the funny way of speaking i think is doing a great job with great initiative, please check it. https://www.youtube.com/channel/UCmKY_UH5IUvNkW0Pp7MWqcwI think it would be nice all the bitcoin fellas to follow him. Seems good, reminds me of Mad Bitcoins but of longer duration and less often video updates. |
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For me it was 2013 when it was worth just above 1000$ seeing how the value had gone from under 1$ to over 1000$ was just so amazing, I though it would just increase more and more Anyway i'm really glad i started using it, so when did you first hear about Bitcoin and what did you think about it?  I think i heard it way back in the time before it was worth even 100 USD. Too bad I saw it always being talked about next to criminal activities therefore ignored it all the time. Damn journalists. |
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Well he was really distant, forum posts would not show his real personality I guess. I guess its easy to stay anonymous if you arevery careful what you do online
I wonder if he ever said that he was from japan or his IP revealed his location? did he use Tor or something?? |
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oh my god! the op has always been right!
OP predicts a final price of 0, therefore anything he has ever predicted is wrong. He's just another scaremonger profiting on an actual downtrend. |
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My complaints about gold:
Infinite supply of paper claims.
Costly to maintain security.
Costly to transport.
Hard to use for smaller transactions.
Relatively easier to confiscate by force.
Shrinking network of transactors in the Western world.
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My complaints about bitcoin:
Faster dilution.
Far less financial privacy.
More social stigma.
Smaller network of transactors, presently, albeit rapidly growing.
Still a bit more volatile than gold.
Slow software development.
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My complaints about XMR:
Slow software development.
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You can guess what I prefer. So far a 2/2/7 allocation has been working well for me, as a way to hold cash without counterparty risk. Most people would consider it too volatile and illiquid to call it cash. More like a variable rate, insured, time deposit really, where rates are uncorrelated to global fiat rates and rather volatile.
XMR is good, but Bitcoin is still the number 1 way to store wealth eletronically, all other cryptocurrencies are at risk compared to Bitcoin when you think long term. About privacy... wouldn't running thought a mixer or even depositing the money in an exchange before buying with it basically solve it? because you can't track the address anymore thought the blockchain, the origin is gone. |
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European manufacturers are happy with the falling value of the single currency, which allows them to export their goods more easily. But the mood is tempered by the threat of deflation, particularly harmful to indebted countries, and increasingly a worry for the ECB.
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I still don't understand how this would work. Like, how does debt work within the bitcoin ecosystem? how does this compute in the blockchain? I dont really get it.
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Now that you've adopted bitcoins, discovered its interesting uses, could you imagine a stable world without Bitcoin?
Nope. It's a definitive non sequitir if you think about. Bitcoin has been a result out of necessity, a necessity to have an alternative in this fucked up scam of a system, therefore it would never have been different, Bitcoin would have always have been created at the end. |
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