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Gold has no more upside, it has peaked at around 1400-1100 area. Bitcoin will go to 5-6 figures in the next 10 years. What are the odds for gold going 5 figures? it will never happen, gold is old, boring, and has no exciting future.
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If you think investing in bitcoin or a similar “crypto-currency” may be a good method for hiding income from the tax man, you’d better think again. http://nypost.com/2017/04/08/no-you-cant-avoid-taxes-by-investing-in-bitcoin/I am smelling something good here with the news. If the government declared about how peoples can't avoid the taxes by investing in bitcoin, it means directly or indirectly government said that they recognize the existence of bitcoin and how it can be profitable to invest. You can, is as easy as working for bitcoin instead of buying it. Work for btc, get paid, don't report it, gov can never know. Of course, you must report everything to the government, this is not advice. Report it or you are going to hell etc. |
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I would retire instantly if I was able to hold as much money as $500,000 in 10 years. I think most of us wouldn't still be at official retirement age, so that would me amazing.
But im confused about this thread title. It says "blockchain.info CEO", but the one that said this is the original snapchat investor.
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The fact that japan accepts bitcoin payments means it is backed by the country? I dont understand. It sounds to me as if the country will actively defend bitcoin just like they defend the yen, i dont see that, i think they will remain neutral even if they do accept payments.
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I agree with him.
You shouldn't dump your bitcoins to get pennies. Wait it at least to go x10 before you sell them. Bitcoin's market cap is still around 20Billion$. It is a mid-size company yet and there is much more room to grow.
Well if it hit anywhere close to $500,000 by 2030 then any sellers are going to be feeling the biggest idiots by then since that is enough money to retire in a cheap country with only a couple of BTCS. With 4 BTCs you would have 2 million dollars after taxes, you can still live comfortably without working in a cheap country. |
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UAcomment seems like a great idea. I understand that people may not be comfortable running code that is not Core approved, so with UAcomment we are able to fight this war too while still using Core software, am I correct? "Miner Mafia"? please.
Bitcoin was always a miner vote system, if you read and understand
Satoshi's whitepaper, but somehow the miners
(70% of them) not signaling for Core's roadmap
is a now a mafia. right...
Bitmain would support Segwit WITH a HF block increase,
but Core will not compromise. They would rather
not have segwit than increase the blocksize.
They are the obstructionists.
I completely agree with your post. After being outside of bitcoin for a while, I'm kind of shocked by the attitudes that now exist. 1 cpu = 1 vote not 1 miner monopoly = 1 vote |
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If John Nash was so smart and he invented bitcoin then why didnt he foresee that a chinese cartel would arise and centralize his entire project? this doesn't make sense to me.
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It is pretty stable at $1,100 in the 30 mins I am keeping in a look out for the price and then as of now that I look at it it burst to $1208.99 dollar WOW! I really think it is still gonna goes up! but let us see for ourselves I can say for sure if it's gonna go up to $1,300 but many are speculating that it would well let us see in the up coming hours.
We are at $1215, we are making good progress, price doesn't seem too bubbled, it would be better that we stay stable at $1200 for a couple of days because all massive movements end up in big crash. |
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I would love to see 1 million dollar per bitcoin, but we need segwit and lightning network for that. Also I can't take Chandler Guo seriously. He talks as if he has brain damage or something.
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If we UASf the chinese miner mafia will attack the network most likely, can they do it? right now is more or less tied, but what if other join and attack too? cause if you change PoW you screw all miners.
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We need to fire those miners with UASF. We need to fire the miners by changing the proof of work. They've got too much power, and this behaviour (amongst so much other poor faith behaviour) only demonstrates it further. PoW should be changed before these miners escalate their malign and selfish behaviour, if we wait until they do it, the results will be far more catastrophic. I hate to sound alarmist, but it wants to happen yesterday. BU can still hard-fork away from Bitcoin by the rogue miners anyway, regardless what the users want. And I've outlined before, they could screw things up really, really badly if they attack without mercy or shame. Who wants to risk that? Not me It's very obvious the problem of PoW is a very serious one. Bitmain is yet to launch new huge facilities that will make Jihan even stronger. He will keep stacking more and more and more hashrate power. Time to dump since I didn't I didn't sign up for JihanCoin. lol OP's proof
.. a tweet starting "i heard"...
hmm wheres the salt
asics have been around for 2 years
asic boost as been around for 2 years
segwit code 6 months
gmax found flaw in segwit codes incompatibility 1 month
drama today is not caused by actions of asics. but speculation.
asic manufacturers did not make a time machine to make a segwit nuke
segwit just wasnt made 'soft enough' to not cause issues.
and gmax just a month ago found an issue where segwit is noft soft enough to work with 2year old hardware and efficiency technique.
solution
fix segwit to be even softer.
or
fix segwit to actually be implemented as a proper node CONSENSUS along with other community required features(dynamics, lowered max txsigops), thus only need 1merkle and get other needed features in. and finally get the community what it wants
stupid part is even with lots of pools abstaining objecting(70%) the fingers are being pointed at 16% and even blaming temporary price drama on that pool even when the pool has not done anything different for the last 2 years
Jihan controls way more than 16% lol. He controls tons of anonymous pools. Also he can put pressure into buyers to signal what he wants or else. Also he will eventually have 51%+ of the network at this rate, he is expanding quickly and it's unstoppable. He controls production, he gets sponsored by China for sure, he gets free electricity. Classic monopoly formation, it's too late, PoW cannot be saved. |
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I wish I invested in the big company moguls like CocaCola, Amazon, Berkshire etc... then I would have a big standing on the company and I would get dividends enough to make a living for doing fuck nothing.
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If Donald Trump tweeted that bitcoin is banned then no doubt the price would tank badly... that's the reality of things here.
Of course it would eventually recover, so shorts would make a lot of money on the way down then on the way up.
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Could be the usual block variance. As of right now it continues being a tie. Bitcoin will remain as it is, no one gets to change it for bad or for worse.
BUcoin was never alive because it's a flawed concept anyway.
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End of April beginning of May.
I think we can test $1300 again in may, hope we can beat the last ATH because that one just sucked. So much for an ATH that was just a stupid ass peak that lasted seconds. We need a more serious ATH now, not that pumped garbage, so time to stay steady above $1300 now. |
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How can John Nash be satoshi? he was too old, I doubt he couldn't even code, he looks like the type of guy that reads a ton of books but doesn't code much. Satoshi was a single guy that combined existing work including by John Nash and then released BTC. I dont buy the conspiracy theories.
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It's just a dumb idea. Keep your money separated from your body, or else your body may become a target for the most brutal thieves, you don't want to lose an arm cause you have a chip there with millions of dollars. Bad idea!
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Holding gold and bitcoin is one of the best thing to add from your plan for long term investment because if you add those two in your investment portfolio then you will surely earn money in the future from just holding and doing nothing. Just look what does the price of bitcoin in at least past 6 months and compare it now, you can see that it jumped big from that price then now. Just imagine how much you will earn if you just not hold it for 6 months  . to me i think the only reason can be the price of bitcoin is increasing continuously and that is the reason that people are holding bitcoin for the price increase. That's the main reason, but also because it's an unique way to store wealth as opposed to the controlled alternatives. You can move infinite amounts of money from A to B instantly and carry it with an USB and nobody would ever know, that is still insane to me. |
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Use -zaptxwallet or something like that in the Bitcoin Core wallet, look it up, it works when this happens. I have never had any problems if I used the required or might I say recommended fee, so always send the recommended fee or expect problems.
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Does it make sense to believe that Bitcoin could one day be replaced by another cryptocurrency, that is, a cryptocurrency that really does make Bitcoin obsolete?
i think bitcoin would not be replace by another cryptocurrency because of its popularity and its features.but if the another currency which would more advance than bitcoin,and having more features than bitcoin could be replace. There are many altcoins with better features than bitcoin yet bitcoin #1, no matter how many new feature a new altcoin brings bitcoin will always be #1. nothing can replace bitcoin!  Yes I see a lot of changes with different coins and yet it cannot surpass bitcoin. I guess it is still about trust and being the pioneer strengthens that trust. Many bitcoin users may have switched to other coins but they didn't leave their bitcoin wallets zero. They will still leave something for the we dont know when it could increase. We still look forward for that. Yes a lot of bitcoin users are using another kind of cryptocurrency for trading and also for their own purpose. Even though there is no altcoin that surpass the bitcoin, i still believed there is still a chance for bitcoin to be replaced because bitcoin is getting older and most of its features doesn't justify now just like the fast transactions. Fast transactions were just a part of bitcoin's combined feature. As mentioned chances of bitcoin getting replaced by some other alternative is possible as periodically different cryptocurrencies with varied features were available for usage competing with bitcoin. The only way to get fast transactions globally is with Lightning Network, we need segwit for that, and I think now its possible with UASF. In any case to replace bitcoin you need to replace it as gold of crypto and other coins have 0 chance of replacing bitcoin as the gold of crypto. |
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