I think that altcoins have its place. What would all trade exchanges do without them? It is always good to have an alternative to Bitcoin that is of the same kind (i.e digital currency). I agree that probably they will never be used to buy and sell directly ... but still there is an use if only educational in trading and being something like a "backup" for Bitcoin.
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Coinbase is an exchange with wallet capacity. You should never use exchanges and online wallets anyways.
I also recommend mycelium, just don't hold big amounts on it!
Cheers!
Why not? I use coinbase as my regular day to day wallet in my PC. I think it is quite fast and reputable.
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I voted for the 21 million limit and the Pow. Being part of something "limited" and the ability to get Bitcoins off from mining was what took me first in.
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I have saved some, and am holding right now too Hope it really goes up. Go Bitcoin!
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The startups are disrupting markets including: Cloud Storage; Smart Contracts; Social Networking; Anti-Conterfeiting; Governance; Digital Identity; Supply Chain; Art & Ownership; Prediction Markets; and Internet of Things. The companies are: Applied Blockchain, Augur (@AugurProject), Bitnation (@MyBitNation), Bitproof.io (@bitproofio), BlockVerify (@BlockVerify), Chimera, Colu (@coluplatform), Etherparty (@etherparty_io), everledger (@everledgerio), Filament (@FilamentHQ), Filecoin (@MineFilecoin), FollowMyVote (@FollowMyVote), Gems (@getgemsorg), Monegraph (@Monegraph), Onename (@onename), Otonomos (@Otonomos), ShoCard (@getShoCard), Storj (@storjproject), Swarm (@swarmfund), Synereo (@Synereo) thingchain (@thingchain), Tierion (@Tierion), Tradle (@tradles), Trustatom (@trustatom), and Verisart (@verisart). Nice list, didn't know some of these. This is a really cool image, it helps to understand it all at a glance.
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If it is for cheating or using aids to compete, all will be in similar conditions. Also, some might call their expert chess friend to aid them.
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My position has increased to Full Member, please update it
Name: maokoto Position: Full Member Post Count: 291 Bitcoin Address: 1Q5AV8vb8cnK8zNfy6WbJez8PfLmZK5QgD
Thank you!
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Well people rarely use mobile wallets But i would recommend Xapo wallet Been using it for months and no problem so far, you can send and receive payment from that wallet Another vote for Xapo Wallet. You can do the important operations from inside it. However, in iOS it is designed for iPhone 5 or higher, and is a little hard to use in older models. I have an iPhone 4 and it goes slow, have to tap several times to do the different actions, etc.
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In my view, it may very well be that actual fiat currencies will become digital currencies in the future. Dollars or Euros running through blockchains.
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It has no competition right now, and I do not see how that could change. But certainly it could change.
Just remember msn messenger or Internet explorer. There was a time they had "no realistic competition".
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Not really a big problem, but it would be really nice that the transactions were faster.
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Requested a very poor 0.0015 BTC withdrawal two days ago. It says is on "queue". Do not think they will pay, but just for reference.
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I did not get what the article has to do with the 1mb blocks, can you explain further?
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Sounds like a good solution. There is really no much sense on filling the blockchain with very small transactions.
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I thought for a while it was officially dead. But I see that it just did not have the response they expected. There has been a lot of debate however, and I think that is good.
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This raises the risk score of Bitcoin in the mind of non-adopters. I have talked to two or three friends about Bitcoin and they all say the same "it is dangerous/risky". As their only information is the one received through the media, this is not very good for Bitcoin popularity.
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So using banks and getting a credit card is a simple procedure? It only is if you don't read the whole complicated contract that you have to sign. Considering how it was a few years back, I do not consider using Bitcoin complicated. It might just require slightly more effort. There are pretty good (both technical and non) videos that explain Bitcoin nicely under 5 minutes. After that one must find a place to acquire Bitcoin, and I think that this is still the weak spot. Not enough ATMs and exchanges/other ways of acquiring.
For a tech savy user, using Bitcoin should be one of the simpler tasks.
I was going to write about the same thing. Credit cards are about as complicated as Bitcoin. But Bitcoin is somehow on the obligation to simplify to offer a little more to users if it wants to attract users to himself. It has to have clear advantages over regular money for more people to use them.
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I have learned a lot too, but not sure if it will be worth it if Bitcoin falls ...
I do not think it will, though.
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Another way of earning bitcoin is having a blog/website and showing ads for bitcoin on it (mellowads, a-ads, etc.)
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For me, it has been fast to do faucets and signature campaigns, also posting on zapchain, then investing on high yield websites (you can try perfecthash and btcflex).
But beware, those "investments" are almost as risky as gambling. In fact, I have invested on about 7 different sites, and most of those have run away with my satoshis and are not online anymore. Those two I mention are still online for several days (more than 50 days in the case of btcflex) and I have earned, but are likely to close soon, so beware.
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