The price fluctuates all the time due to new demand. People also tend to dump their bitcoins when the price goes up so that will keep the price down.
This is the more likely explanation for me. Some people buy Bitcoin, then the people holding it sell, so we see those ups and downs. I was talking a week ago of whether selling or not if it reached 300$. I think some people think yes even do not wait to sell at that price. |
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it is a bit long for non native English speakers. Could you sum up it a bit?
thanks in advance
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Very nice list of faucets. Would you update them every day? How much time does it takes to run through all faucets?
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I have a friend in Cannes, France. You may not know anything about it, but there were terrible floods there 10 days ago. http://www.bbc.com/news/world-europe-34443189My friend told me her landline phone still doesn't work. There are no phones and no Internet in most of downtown Cannes. Electricity has been fixed quite rapidly, but for 2 days, the mobile phone networks were down, so no bitcoin, and no credit cards either! All the shops couldn't handle any transactions. The only thing which kept on working was the fiber optic network, I guess because that's the newest. The whole thing was very local. Everything was fine a few km North, but this shall reminds us that if there's a serious emergency, cash is the only safe option. Good reflection. I think you are pretty much right. Although cash may also become useless in a greater emergency, it is still a step ahead of Bitcoin. But I think that Bitcoin might become more "physical" if it goes really to mainstream adoption, and people would begin to accept it (paper wallets, physical bitcoins etc). |
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This raises a question: Are you sure that Bitcoin-related websites visited by you are not monitored by NSA? Or maybe you don't care?
Well why should we care about the NSA? I would be more worried about someone somehow using that to break into my account and stealing all of my Bitcoin. Agree. I pretty much do not care of people looking or having curiosity, what I do care if when they use it to do harm. |
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So after reading this article and especially the ending: One thing is for certain: having made Bitcoin less of a security worry, transparency will now be key in attracting users to new models, placing control of funds and fees in an upfront way in their own hands. I'm wondering what's stopping people from using bitcoin? And now I'm talking about people who already aware of bitcoin and how it works but still not using it. The price is now pretty much stable for more then a year, security issues are out of the question - so why we can't see in 2015 more companies switching to it, especially considering the unstable condition of moden economy? In my opinion, what it stopping most people is that you pretty much have to buy Bitcoin in order to get some, and that does not have an apparent benefit (articles cost the same in Bitcoin, save in some sites that are not that easy to use), and you have to go through some pain only to buy them (transfers, escrows or giving personal data etc.) More bitcoin earning opportunities (I mean more direct earning opportunities) will make it more successful. |
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Have you guys ever used bitcoins like a payment method?
How hard it is to explain to someone what's bitcoin?
In your country there are many stores where you can use the bitcoins?
Do your friends related to bitcoin? Do they know what exactly is a bitcoin?
No I haven't used it as a payment method (only to pay for dollars). I have explained it to some people, and it has not been that hard really, people already have the concept of electronic money. There is no stores in my country and I have 2-3 friends involved in Bitcoin too. |
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I think it is not a bad idea. The shop might have ads or something to help fund the faucet. There might be a timer (5 min for example) for controlling the claims (only one claim every 5 mins). People might wait in queue just to claim Bitcoin!. Other people would see the queue outside and be curious, so more people get to know Bitcoin.
As other fellow poster said, there are some things to take care off, but idea seems good to me.
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funny how comments of buy time come out when the price has gone up, but not when the price is down. it was the best time to buy when everybody was crying about the price and calling bitcoin dead, and it was low at $200. now it is time to sit back and enjoy the ride  So true. Money frequently is at the opposite side of general opinion. Also, a trend is a trend... until the trend is broken and you lose money. |
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Would be great, and will help more to Bitcoin adoption, that the ATMs did just the oposite: give you cash for your BTC.
That way, people with BTC could go to the ATM and get some cash to pay for their needs. Bitcoin would be more useful.
Something like a method to send the bitcoins to the atm through your mobile, then getting cash from the ATM.
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i would try with one btc, and trade 1/100 of it every time and see how it go, if there is a good profit, i can increase that amount depend on profit, with x2 profit i would go x2 on the next trade, etc...
His question is for minimum BTC on trading.. 1 BTC is quite big, and i usually use your methods too in trading BTC/USD. If you asking me how minimum BTC for trading, my answer is there are no minimum or maximum. If you just have 100,000 satoshies, then you can trade it too. But to sell them in small amount, of course you just get small money or $. Yes, but if you decide to trade with less than 1 BTC, in my experience, you won't make a damn thing and you will just waste your time. 1 bitcoin is really not a lot to trade with. Especially now when the price is $250. I have traded with 2 BTCs regularly when the price was $700. Come to think of it, I believe you are right. I have trade for hundreds and thousands of dollars investing in stock market, and now there is quite a fear to trade a full BTC, which in the end is less money LOL. I suppose it is because the BTC were too hard to earn. |
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Thanks for sharing it and congratulations for finding this.
It would be hard to find gold offers though. And will become more difficult now that people know about it IMO.
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As for reputation, I do not like to be told "that is very risky" (with a glance at me that seems to tell I am involved in criminal activity) when I tell someone about Bitcoin. It is as if people thought that Bitcoin are illegal per se due to what they have heard in the news.
Some success stories of NGOs or people helping other with Bitcoin would be good in order to change that.
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Well, it is true that Bitcoin price will probably rise and the Bitcoins now will pay for more later, but the coin also has its ups and downs, and there are places that offer good discounts by buying with Bitcoin (purse.io for example)
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What I would like is to try to imagine a best case scenario of how the world could change for the better if Bitcoin became as popular as e-mail or social networks and billions of people were using it.
So... what is your best case scenario for 2025?
All people holding Bitcoin now will be very wealthy. Many will trade goods and products from their own homes as they can move and receive money all over around the world. Content creators will be more rewarded from their work as their readers/listeners/viewers will pay them more directly via micropayments (tip buttons would be easy to use and everyone would use them), without the need of ads... |
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Hope coders read it and consider it very seriously. I love coibase really, it makes my life easier. I trust in their point of view about this, although I think that almost everyone wants larger blocks.
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I have a small forum with also a nice fitness community, and I am considering doing a why post to invite users to download wallet and make it the coin in my forum. Users might then tip each other for good fitness posts. Would be that be considered PoK?
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In Bitcoin, security is pretty much in your own hands. You decide the level of security using cold storage, vaults, paper wallets etc (higher level of security) or just having an online wallet (lower level of security). With chip and pin you have to pretty much rely on what it is provided to you.
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Good post. For me is also better due to the divisibility of it, which allows to earn it in small bits from lots of people.
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Completely nuts.
Fiat has value only because people agree to exchange it for actually valuable things (cars, food, etc.). The moment you use money to buy Bitcoin you are also spreading the value that money represents. Not to tell that you can also buy things with Bitcoin.
Bitcoin is backed up exactly the same way "regular" money is. Is backed up by people agreeing to give their whatever good for it.
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