I am a little confused because I have always looked at the satoshi prices, but sometimes I hear people say that you should look at the dollar value if you are in profit or not. But when you trade at an exchange to BTC all the peaks and vallies are measured in BTC? Should you follow dollar value or satoshi value to know if you are in profit? Or do just have to choose one of them and stick to it? For example if I buy at 0.1 satoshi and now the chart show 0.12 satoshi I think I am in profit? But is that not always the case? I am using cointracking for example to see if I am in profit or not. If I look at btc and amp Doge I am currently in -7% on the coin, but if I switch to dollar I am +0.09%  It is very confusing..

Does it have to do with if you plan to keep your money inside crypto or take it out? If you plan to take it out I guess dollar is more important, but my plan is to stay in crypto for the long term so dollar value is not even important at that point...?

I mean if you buy a coin at 0.1 satoshi and you sell it at 0.2 satochi you have sold in "profit" even if btc would have sunken 90%?

A few users on reddit were complaining that GTX 1060 price is increasing very steeply, which may be an overstatement of the situation, although not totally untrue. These were US based customers, so I wouldn't be surprised to hear that there are shortages elsewhere.

People are looking to tap into bitcoins, and with the current price rise a lot of investors will be going into mining, driving the price of  mining equipments up.

http://www.c[Suspicious link removed]m/2017/06/20/bitcoin-millionaire-erik-finman-says-going-to-college-isnt-worth-it.html

Erik invested in bitcoin when he was 12 and not is a millionaire at age of 18.  This is a good story for Bitcoin.

But here is something that I do not understand:

An excerpt from the article:
"Eventually he found a buyer for Botangle's technology in January 2015. The investor offered either $100,000 or 300 bitcoin, which had dropped in value at that time to a little more than $200 a coin. He took the lower cash value bitcoin deal because he believed it was "the next big thing."

"My parents asked 'Why don't you take the more cash?"' Finman explained. "But I thought of it more of an investment.""

Why didn't he take the $100K and bought more bitcoins instead?  Granted that there has to be some tax consideration, but tax rate has to be as high as 40% in order for both of the cash option and the bitcoins option to breakeven.  If the tax rate was at 40%, then he could get $60K after tax and would be able to buy 300 bitcoins at the market price ($200 at the time).  Moreover, one day when he sells the bitcoins, he can dedect $200 on each of the bitcoins from the capital gain as cost.

Am I missing something in here?  Don't drop out from high school?   

Hi! Help me please to figure out what are sideshares and driveshares, because I am a little confused.. 

i think kwukduck might have been hospitalized or something!

for the first time in history of bitcoin, the price has dropped but kwukduck is nowhere to be seen. his last post was from 3 days go
https://bitcointalk.org/index.php?action=profile;u=654;sa=showPosts

- get well soon buddy, we miss your FUD in this board if you go away

How so? If you were to select inputs and spend it to yourself, you would effectively be combining those inputs and that was what I was doing sometime ago. You can choose a small fee for those kind of transactions if you don't need the funds in the near future. Anyway, you can accelerate your transaction using ViaBTC's interface[1]. You just need a fee of 0.0001BTC/KB.

[1] https://www.viabtc.com/tools/txaccelerator/

The creator of bitcoin no one has ever seen and the most contact he has had with anyone is via a few emails. It's a little strange to say the least. Plus bitcoin isn't even anonymous. I only ask because I keep hearing of this one world goverment thing who want to introduce a one world currency. It kind of makes sense that a one world goverment might be being implemented as they have and are creating unions, like the EU for example if more unions are implemented like African and South American etc it would worth paying more attention. Anyway, how do we know that big bankers aren't behind this currency and the so called creator of bitcoin isn't just a made up name? Who is behind bitcoin it's a conspiracy.

DUN DUN DUN. Illuminati confirmed!

All jokes aside this is a very serious question....... VERY SERIOUS!

Is there anyone smart enough to figure out how to compute the fair price of Bitcoin?

Any ideas?  Suggestion must be quantifiable. 


Could the following equation be utilized?

MV = PT (the Fisher Equation)

Each variable denotes the following:
M = Money Supply
V = Velocity of Circulation (the number of times money changes hands)
P = Average Price Level
T = Volume of Transactions of Goods and Services

 

Using terms like "malicious attacker" doesn't convey any useful information, it's an attempt to make people feel a certain way about the topic being discussed. And that is what makes you a sophist. Anyone has the right to send any amount of transactions they want for any reason or no reason, that's one of the main points about bitcoin. No middlemen regulating what is allowed.

We need more throughput. Otherwise this is as big as bitcoin is going to get. Squabbling over how it should be done instead of actually doing it is hurting everyone.

You're right. I was too busy yesterday to even check in. Today I woke up, saw the price and ran out to buy.

So it's hard fork panic part two? Jeezuz Murphy. I'm looking into it.

Sigh.

WRONG! Ethereum is on the rise because people are ignoring the indicators that it is a huge Ponzi Scheme. The greed is blinding their logical

decision making processes. Ethereum has not even reached the scaling challenges that Bitcoin has faced before. OP, has to pay that kind of fees,

because he admitted that he used faucets and flooded his Bitcoin address with "Dust" transactions. {No. Transactions 255}

Stop promoting a Ponzi Scheme {Ethereum} please, people are going to lose a shitload of money when the SEC starts their investigations.  

Posted a ticket on Poloniex 4 days a go and still haven't received my coins and no reply, is there something wrong with the exchange and how long does it take to receive a reply?
Do they have a ann on this site, maybe I can report it there?
thankx,  

Litecoin doesn't have anything new other than recent activation of segwit in litecoin, however that might not pump LTC anymore. LTC price was already pumped quite hard recently and right now it is correcting. Best investment for now could be ETC which is quite similar to ETH.

Yet again, I feel all of this news is being manufactured by the whales and the big traders in Bitcoin, no one can even try to fight the claim that we're in a bubble right now. With the price increases per day it's pretty insane to even think of not being in a bubble, let alone writing it in a news site and then sourcing it on here. The price went up like a fucking straight up ladder for BTC and many other coins fells, so simpy this source is just trying to shill more and more people into getting into BTC so the whales can make more and more money.

Shitty source just trying to make more money, sorry OP.