did you make this chart yourself or are you copying it from somewhere? why is it rising exponentially instead of with a fixed rate: https://blockchain.info/charts/block-size it has been an straight line so far according to this chart after 4 years block size should be ~240GB and even if the block size is increased again the rise should be an straight line not exponential growth. p.s. i think you should move this topic to New Posts Development & Technical Discussion otherwise it will get buried here and i really want to know how much of what i said is right and how much of it is wrong.
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Almost Hero member FTFY
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Hi I want to get into trading alt coins. Where do i start, how do i begin? any advice? thanks! step one) sign up on a well known exchanger which people have been satisfied with using like poloniex or bittrex step two) deposit a small amount because you are new to this step three) learn basics of trading and then move on to finding best altcoins to buy and buy low and sell high step four) do not withdraw now, since you have invested small amount it is not a risk to keep it on the exchanger and add the profit to your balance to grow it and when you felt confident deposit more.
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Eth can never surpass bitcoin as in the case of fiat currency the value is determined by the faith people place in it not matter what happens bitcoin will always have more faith from the people.But if somehow bitcoin fails in some aspect then maybe eth can surpass it
You are right in saying that the coin price depends on the faith. So if the people lose faith in bitcoin , the price be be surpassed. faith?!!!! what the hell is that. the faith or the interest of people in that particular altcoins comes from the code, the developers team, how it works, most important of all the usages, and features of that coin. "if people lose faith in bitcoin" means if bitcoin stops functioning, if all those places that are accepting bitcoin suddenly decide to stop.,... and all these are never going to happen.
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bitcoin for sure. not only because i am a BTCLovingDude but also that much money ($50K) is enough that i can even sell some of the bitcoin take a couple of thousand and enjoy the money and then buy some gold with bitcoin and diversify the money and also buy a decent car with some part of it and still be left with a big stash of bitcoin to hold for the future.
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Yes I think it can be considered as that due to the fact you are putting money in it and its based on luck that is a risk, you are investing on yourself and you need luck to win so yes. I think that that gambling can be considered as a investment because you can by the way also win money with it.
but the nature of the risk is more important that the amount of the risk when you want to decide if it is an investment or not. and since the nature of gambling risk is unpredictability and not knowing the future at all, it means it is not an investment unless you are playing some other types of games which you can predict.
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wow, this is absolutely awesome man. i have known about arbitrage in trading but i never even though about it in gambling. this is a real gambling strategy that we never see in this sub.
i will make sure to follow and watch this topic. and thank you for sharing.
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i always like to try new things just to keep things interesting. so i test other gambling sites. for example right now i am using http://satoshigames.io/ to play some of the games, since i have the signature i figured i should give it a try too and get the feeling what i am advertising. and i have to say this has been fun and interesting to see new stuff and not just the old repeated designs and games.
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The bitcoin process is designed in such a blockchain mechanism which makes it more stronger. thats why bitcoin still survives after seven years.
it absolutely right. but today many affected wallet hack, we must remain vigilant. even some time ago a great exchange that strength is great can be broken easily. lost bitcoin then make bitcoin prices fall. none of these has anything to do with bitcoin and its security. these are all the mistakes that people make, even that exchange that was hacked and lost 120K BTC has lost those coins because of their own mistakes of not using a proper cold storage for this kind of amount.
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All the idiots that still don't own any bitcoin will keep going FOMO every time it goes up. They are pussies scared to get in and once it starts rising they get in quick.
We will be at 1000 next year granted.
it is a bit hard to say this about $1000 because it is like a milestone that will always be hardest to reach until we reach it and get passed that price. but until that day it will be so hard and many weak hands will continue dumping because of their panic and slow this freaking rise down.
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i have been hearing this thing a couple of other times like the other topic about leaving bitcoin for your grandchildren and i have to say i love this idea. and i am planing on doing a similar thing like creating a paper wallet and laminate it then deposit some amount (even small) in it and leave it for them so in like 20 years they can see this and if the price is already high they will appreciate it even more. i got some good ideas from this topic.
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bitcointalk have everything we need if we want to learn about bitcoin info or other alt coin too, we just needed to look around and find anything we wanted to know its really helpful and informative.
i agree with this but bitcointalk like any other forum on the internet is giving people some kind of anonymity which makes them say whatever they want like for example if you check out the speculations boards then you can see lots of biased posts which they are lying through their teeth to get whet they want. so what i want to say is that you should always try to learn how to find the good posts instead of any kind of FUD post and only pay attention to those.
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if this was possible then everybody would have been super rich by now and we all have been living in castles .
but gambling is the game of luck you have to learn how to enjoy it rather than trying to make money out of and not losing ever because that will lead down some dark routs which will end up in gambling addiction.
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I had bought some BTC for long term . I hope BTC will be above 1000$ in the early 2017
that's too much to expect from the price. maybe if everything goes well, that we can touch the $1000 level at the end of 2017, or else at the beginning of 2018. that gives the price enough time to build up buy support so the price won't get dumped down again in a quick fashion. remember, building up the price costs many months/years, while dumping the price down cost only a few hours. i think by the end of 2017 there is no longer maybe $1000 maybe not, we have either reached it and past that price or that is not going to happen any more. so this slow rise will either continue and we reach $1000 mid 2017 or a sudden rise happens and price goes up to $1200 and stabilizes above it.
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I want to buy some Litecoin for long-term investment but I dont installed any litecoin client wallet, where do you guys save most of your LTC?
i mostly keep them in my exchanger wallet, meaning i keep them on bittrex.com exchange site. but i know that this is not such a good idea to keep them on a live exchange and it is risky but since i don't keep them for long, i have to take this risk. but i did some research a while back and found out that there is a nice SPV wallet called Electrum-ltc which is exactly like the bitcoin version and you can use that to keep your litecoins safe.
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Investing in the casino bankroll is risky IMHO. However you should try to run a affiliate program and get friends who like to gamble to sign up there. This can be a good method to earn specially where the referral commission is high.
i don't think it is such a good idea to tell your friends to invest in a casino as an advice because this kind of investment is super risky especially these days and in case they lose something they will be coming back to you and ask for their money back and this will ruin your friendships.
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what the hell is happening to the world?!! i though this only happened in porn movies where the guy loses his wife on a bet. i still can not believe that something like that has happened in real life with real human beings. this is a clear example of a degenerate gambling addict!
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instead of being depressed from losing once in your life, despite being a big loss, try to learn from your mistakes and put it behind you. life is like that you will always be presented with a new challenge in front of you and in many situations you will lose a lot, this was only money so it really doesn't matter much you will earn more.
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The costumers should use more bitcoin in order to get low transaction fee and as much anonymity as possible. Not like another payment that much fee and other additional cost. In the future all costumers will love to use bitcoin because its amazing technology.
Either people can spend it for money transfer or buy shopping or even they can save them for future as bitcoin is an best investment at a moment that can give fruitful results in future. the investment part is the biggest thing that most people are seeing about bitcoin and most of them believe that there is nothing more than a quick buck out of bitcoin. but still there are many more features and benefits from using those if you really look into what bitcoin is as a real currency.
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thank you for posting this.
although i don't really understand why people use these kinds of services for storing their sensitive information like bitcoin private key that contains their life savings. (this, coinbase vault, online wallet!!, exchanges!!!,...)
you either have to pay some money and buy a device created for this purpose like Trezor,... or if you are paranoid and kind of a do it yourself kind of guy, do it all yourself by creating the wallet yourself and encrypting it yourself and backing it up yourself.
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