Bitcoin Forum
May 04, 2024, 10:13:43 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 [71] 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 »
1401  Economy / Economics / Re: Be very patient, Greek payment drama to continue beyond 2050 on: April 23, 2015, 05:35:56 PM
By 2050, we will be having dozens of bankrupt nations, not just Greece and Cyprus. Top candidates are the United States, Italy, Spain, Portugal, Brazil, and Saudi Arabia. And we will be having many more bank savings account "hair-cuts".

And who knows.... Germany may be able to achieve what they failed to do in the two world wars, as a result of these bankruptcies.  Grin

With each hair-cut,  bitcoin's value will rise by 100 times, after a couple of hair-cuts, bitcoin is enough to buy the whole ECB

By that time they'll not even need haircuts, they'll be bald and those still holding their assets outside the Bitcoin ecosystem, crying about it. Such is the self repeating history of those that laugh at pioneers.
1402  Economy / Economics / Re: Why do people keep saying BTC is dead?! on: April 23, 2015, 05:33:53 PM
These people really don't understand what is bitcoin, it decentralized, that means it will never be died. It's can't be killed.
Bitcoin CAN die, it can't be killed by government easily because of it's decentralized nature but if enough people loose faith in it after something like another mt gox type of incident then the price will go down with demand, miners won't be able to pay there bills so they will turn off there miners and it could actualy die quite quick.
I really hope it doesn't go that way, bitcoin is something special that i hope is around for a long time to come.

maybe bitcoin can be killed but its technology will live forever, i won't be surprised if another coin came out after the death of it

There's no point in "replacing Bitcoin's blockchain with another new coin" because Bitcoin works perfect and needs no replacement, and all it's weak points are being worked on. It seems people tend to forget we are still at 0.1 version, this hasn't even begun.
1403  Economy / Economics / Re: If Greece defaults on: April 23, 2015, 05:31:24 PM
They will never ever be able to issue bonds again.
Greece would become a social pariah, not sure if that is what he is looking for.  Smiley

I don't think so. Greece will become a pariah for the United States and the European Union. But they will be able to sell their bonds to countries such as China and Russia.

And what able minded non-mentally ill person would buy them when they are near the brink of destructiion?
The bottom line is,  Greece has the WHIP hand here. Do they want to default ?  No.  Are they bankrupt? Yes.
Are they insolvent ? Yes. Is anyone hanging onto GREEK assets and collateral not damaged ? No.
1404  Bitcoin / Bitcoin Discussion / Re: Kaspersky and INTERPOL Say Blockchain is Vulnerable on: April 23, 2015, 05:29:32 PM
Bitcoin is a booming market and Kaspersky  makes their money off fear of electronic attacks. Probably Interpol with get a commission by supporting each other's claims to pump future Kaspersky products.
1405  Bitcoin / Bitcoin Discussion / Re: Rare address hall of fame on: April 23, 2015, 05:26:13 PM
The most remarkable addresses (*) found in the blockchain will be listed below.  


Hall of Fame
------------

111111i4VTdHkzFqV2a4jntfZkdVk6B         (shortest address: 31 characters - owner: HugoTheSpider)
1odfsrirfbxtwjoviseqdnuixwvhsnPbJ       (longest lowercase prefix - owner: wtfvanity)
19279281759997344NJ2KMcdRZNVT5rHhq      (longest digits-only prefix  - owner: wtfvanity)
1QBDLYTDFHHZAABYSKGKPWKLSXZWCCJQBX      (all-uppercase - owner: etotheipi)

1otohotohMoQoxHux
LBveQiZcV3Pji3Tc
      (longest pronounceable prefix - owner: otoh)
1BubbLingsoup9hqv7cjnnrWFt9GmEmCHS      (12-char real-word vanity address - owner: xhomerx10)

123XjDj2ZQwgogCBZkYDrvUQBCR14ZJ321      (6-char palindrome address - owner: svenfaw)



Any others?


(*) I will only consider addresses that have an actual owner, so not stuff like:  

1111111111111111111114oLvT2   
1BitcoinEaterAddressDontSendf59kuE      (more info)

I just realized not all addresses have the same characters. What is the minimum character and longest character count per address possible and based on what?
1406  Economy / Speculation / Re: 100 satoshi = 1$ when? on: April 22, 2015, 10:03:30 PM
After forth halving there will ~1.3 million will be left. I think , after 2024 we can see $ 100k+/BTC. About 2025-2030 we can see 100 sat = 1 $


It will never reach $100K per coin, no matter how much coins there are left to be mined. Keep dreaming. At most it might be between $5-$10K, if ever.

Recommendation: Go a couple years back in this forum and found posts like this "You are insane to think Bitcoin will ever reach the same value as the USD, just join a mental hospital".

101 for revolutionary technological stuff: We can not properly value it.
1407  Economy / Speculation / Re: How Soros goes all in, is it the right time for bitcoin price to reverse? on: April 22, 2015, 09:58:18 PM
Look at Microsoft's stock.  It languished for 5 years while people debated if computers were a fad.  Looking back on its hard to believe how stupid people were.  Its the same thing here.  Don't be stupid

Indeed, and that group of people includes "IBM" and a lot of other important people. The IBM of today with Bitcoin are investors such as Peter Schiff and Warren Buffet and basically the rest of the dinosaurs that are too old to get Bitcoin. Let them burn, for they don't deserve to profit from it.
1408  Economy / Economics / Re: Bitcoin is not a bubble on: April 22, 2015, 09:53:20 PM
Bitcoin is a bubble. It's basically the year 2000 where companies become overvalued and such.

It should burst anytime. Most likely during the block halving next year.
Nope. the ATH of 1000 was a temporal bubble (in 10 years we'll be past 10K).

When something is revolutionary people need a big time to properly value it, so the price is crazy. Look at how the all time high used to look like:



In a couple of years the 1K peak will look like a small bump on the all time graphic.
1409  Economy / Economics / Re: What do you guess about he future of bitcoin? on: April 22, 2015, 09:48:16 PM
So bitcoin will need more people to used it in order to get more stable !
hope it gets stable because for the moment it's heavily unstable

Look at the history of the oil market, oil price was quite volatile at the beginning of the last century, with its market growth and increasing adoption, eventually the price became more stable.

I think we can establish a parallel between bitcon's current market and the first decades of the oil market.
You can establish a paralel to anything basically. Everything that's new and unprecedented requires a long time to get a stable price since people dont know how to value it.
1410  Bitcoin / Bitcoin Discussion / Re: When will BTC have a devoted/24 hr news channel on American TV??? on: April 22, 2015, 09:43:02 PM
Maybe after 2020,because you need many news and changes to cover so many hours in tv.

We may see a 'bitcoin hour' sooner than later, but an entire channel... I don't see it in the short term

Why would even a Bitcoin 24h tv channel need to exist? It will never happen unless some crazy early adopter decide to invest on such project.
1411  Bitcoin / Bitcoin Discussion / Re: If bitcoin ever goes mainstream on: April 22, 2015, 09:39:46 PM
Hasn't bitcoin already gone mainstream?

I didn't loose hope that this will happen once in the not too distant future.
It would be enough that some really ''great player in on line payment industry'' like PayPal add BTC as a payment option, and bitcoin will become mainstream in very short time.
Unfortunately, this is unlikely to happen because the BTC is actually competition to PayPal.
Bitcoin has a lot of opposition but sooner or later we will become mainstream, there is no doubt about it.
Turning point will be when people realize the benefits of using Bitcoin compared to other on line payment option.

Paypal seems to already be looking at implementing it in some capacity. It's not really a threat to it because bitcoin needs payment processors and that's what they'll be.

No it hasn't it's far from it. Go to the street and ask people what Bitcoin is. 99% don't even know what is and the rest don't know how to properly use it and don't see a point in doing so. We are still in ancient times compared to mainstream adoption.
1412  Bitcoin / Bitcoin Discussion / Re: Should Satoshi's coins be deleted? on: April 22, 2015, 09:37:44 PM


I think yes, a 21% instamine is ridiculous. It gives a bad name to BTC.

I would want to give them to Mark Zuckerberg and have him distribute them on facebook.



No, we can't "delete" the coins, how are you supossed to do that? plus that would fuck up the history of the blockchain. And why would you want togive them to Zuckerberg? he would probably dump them for USD lol.
1413  Economy / Economics / Re: Is deflation truly that bad for an economy? on: April 20, 2015, 06:21:51 PM
I think the system is devised SO that you are a debt slave from day one, regardless of whether you're an idiot or not. How many people are able to pay, in full, for their house, car, education, and healthcare? Please tell us how you save(d) for these things with rampant inflation.

In this fucked up system, one could argue that "idiots" actually do better, since they clamor for assets, while "smart" people try to save in a currency not meant for saving.
1414  Economy / Speculation / Re: Price will not increase until 12 months before the halving. on: April 20, 2015, 06:19:08 PM
There won't be a specific cut-off date or a moment where people will decide to buy BTC in anticipation of the next block reward halving! It is already priced in to a certain degree and will continue to being priced in even more. It's a very gradual process!

True. There will be exactly ZERO halving effect. We already know the moneysupply for the next century!


Even if there were technically no reasons for it, never take for granted the psychological factor. It is HUGE and can make prices fluctuate insanely quick. Everyone has that date in mind, that alone is an indicator.
1415  Economy / Speculation / Re: Are you bullish or bearish right now? on: April 20, 2015, 05:41:54 PM
bearish on bitcoin, ever since i listened to bulltards and bought it the price has been steadily going down, only by altcoin trading i was able to come out ahead, i believe in cryptos, just not bitcoin.

lol you're a retard
Bitcoin is king and everyone knows that, but there are a ton of interesting projects popping out and being popularized thanks to it. For example, Maidsafe is an older project about decentralization, that has got traction due Bitcoin's success. In a couple of years people will be wanting something like Maidsafe, they will need it as surveliance gets worse and worse, to the point the average joe cant even download some music anymore. With Maidsafe you will be able to do all that safely and easy, in a simply and straight forward way. If you aren't in Maidsafe already you are simply insane.
1416  Economy / Economics / Re: New rebublic Liberland to accept BTC as currency on: April 20, 2015, 05:38:48 PM
Ahmm...why is the official language of this "country" Czech although it is located between Croatia and Serbia, hundreds of kilometers away from the Czech Republic?  Grin

Because the state's founder Vít Jedlička is from Czech Republic.

Nice experiment this Liberland thing. Even tho im afraid it's going to turn out as some sort of place where the rich store their assets to avoid any taxes, and not much else.

I think that so. I think they are trying to build an utopia. Who knows maybe it comes true. Smiley
It's going to become a resort for rich families to store their wealth with low taxes as some pointed, thats what I personally see this project turning into. The country is in between of pretty conflicting areas to both. I wouldn't feel safe there. It would have been cooler if they did it on some island.
1417  Economy / Economics / Re: How to save money. on: April 20, 2015, 05:35:46 PM


Personal savings are decreasing, even the sheeple know something doesn't ad up. They can not get their pin heads to connect the dots. They still are pre occupied with dress color, nascar, voice or any such shit put in front of their face. None the less they know something aint right. I'll give em that...
1418  Alternate cryptocurrencies / Altcoin Discussion / Re: Ryan Pumper: Pumpers Picks (Updated Daily) on: April 20, 2015, 05:30:21 PM
As a previous member I'm still waiting to actually make some profit. Once (and if) I do, I might consider signing up for another week. Still holding my coins from a couple of weeks back as instructed, waiting for them to go up so I can sell without going minus.

Have to admit that before you explained over PM that this was not the case, I thought the "x% profit from coin y" posts reflected how much a member could actually have made a given week from that particular coin.

You will be waiting for a long time to come from 8+ picks you will be lucky to have chose the 1 pick that 'might' pump the rest you will lose, ryan wins though and shows profit because you are buying his coins that he brought in weeks before at a much lower rate than you did just right the funds off and move on, no get rich here just many shill accounts claiming. After this the page will be filled with profit graphs  Cheesy Grin
Indeed, this would only be useful if he delivered exactly what coin it's going to get pumped. Otherwise its still a lottery, and you don't need to pay to play the lottery in the exchanges. We all know there are a certain amount of coins that might or not might pump big time.
1419  Alternate cryptocurrencies / Altcoin Discussion / Re: Ryan Pumper: Pumpers Picks (Updated Daily) on: April 20, 2015, 05:28:16 PM
Always play for meaningful stakes

“Only bet what you can afford to lose,” says the old bromide. You hear it in Las Vegas, on Wall Street, and wherever people risk money to get more money. You read it in books of investment and money management advice by conventional counsellors. It is repeated so often and in so many places that it has taken on an aura of truth through assertion.

But, you should study it with the greatest  care before making it a part of your speculative toolkit.

As most people interpret it, it is a formula that almost assures poor results.

Whats an amount that you can “afford to lose?” Most would define it as “an amount which, if I lose it, won’t hurt.” Or “an amount which, if I lose it, won’t make any significant difference in my general financial well-being.”

A buck or two, in other words. Twenty bucks. A few hundred. These are the kinds of amounts most people would consider loss-affordable. And as a result, these are the kinds of amounts most people trade the crypto markets with.

But consider this. If you bet $100 and double your money, you’re still poor.

The only way to beat the system is to play for meaningful stakes. This doesn’t mean you should bet amounts whose loss would bankrupt you, but it does mean you must get over the fear of being hurt.

If an amount is so small that its loss won’t make any significant difference, then it isn’t likely to bring you any significant gains either. You cannot win a big payoff from a small wager, that goes contrary to the laws of physics. Yet people attempt to do this all day long in crypto.

You see, taking anything less than a 0.5BTC trade is nothing more than a complete waste of time in this market, especially in the current bullish climate.

Left, right and centre there are coins producing 500%+ gains – yet people continue to pussy foot around on their tippy toes in fear of making trades using more than 0.2BTC.  

Time and time again I make it clear to each and every person who enquires about making money in the altcoin market, if you want to win big, then you have to trade big. There are no shortcuts or hidden loopholes that will enable you to avoid this.

But there is one thing that is guaranteed.

The larger your trades are, you’ll all of a sudden start to rake money in at an alarmingly rapid pace. In terms of the sheer size of the profits you’ll be raking in, you’ll instantaneously leap frog over the common 0.1BTC traders in this market in favour of double digit BTC takings month after month.

This is the way the game is played, and the sooner you realise it – the sooner you’ll begin to claim your own portion of the wealth that is being created on a daily basis in this market.

If you want to make three figure btc amounts during this bull market, then print that ^^^ out and paste it above your workstation

EVERYTHING changed for me when I started picking my spots and making bigger trades

What is 1000% gained on only 5 btc? Thats freaking 55 btc in one trade and thats whats happening below the radar with all of these alts, people are hitting it big and the profits are only getting larger

Granted, it's all about risk/reward: the biggest the risk the biggest the reward. But the problem is, lets say you spend 5 BTC at the begining of altcoin X, this coin goes on a pump and you make 55 BTC... my worry here is: will you be able to sell all that? Usually most coins have little liquidity and their volumes are low, only a few of them deliver enough to safely be able to sell them and not be stuck with a ton of useless altcoin.
1420  Economy / Economics / Re: If Greece defaults on: April 19, 2015, 05:49:27 PM
Seems to me that they are buying time while they prepare the exit.
I'd guess the conversation in Greece will be like this:  "Psst! (whispering) get your money out of the banks while the ECB is providing cash and convert it to Gold and Silver...pass it on!"

The question is, will it be days or weeks, or can the ECB release more money while hiding the fact, thus drag it out a month or two.

The Syriza government entered power too close to the 2-28 deadline to properly prepare for a Grexit. So they were stuck.  4 months will give them enough time, if they work hard at it. It also gives the Eurogroup enough time to prepare for full fiscal union if they want to.

The Eurogroup can use force. A crack team of German special forces could go in and cap Tspiras and all his merry men at any time. Or take out their families.

The Troika knows they will never be paid back. Thats OK, becaus government debt is never really paid back.. ever. It really comes down to how fast is it refinanced with new debt. That rate has to be below a certain level to be acceptable.

The ECB will be implementing QE within the next 4 months. There may be an unstated side deal here for the ECB to buy up lots of Greek new issues, especially if there is a market shortage of other Eurozone bonds.
Pages: « 1 ... 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 [71] 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!