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Again, go ahead and open a local Bitcoin exchange. You'll charge more than Western Union, I guarantee it. Do you think people in many third world countries can expend their Bitcoin or know how? That they have a bank or international credit cards? You need to provide the same service as Western Union, go to a window and get US DOLLARS or local currency. Anything other than that is not easy at all for common folks, let alone for uneducated or tech illiterate people.
If we want Bitcoin to grow or go mainstream (not sure if that's the intention) then we have to realize it may be easy for us to handle but not for everyone. That's why there is very low % of women using Bitcoin. I'm not saying that in the wrong way, the women approval factor is very important and guarantees that the "product" is easy to use on a daily basis.
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Spanish, English and very little Portuguese.
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I agree, I don't think LTC will drop to $0 or any similar value UNLESS something happens to Bitcoin. If Bitcoin goes down, every other altcoin will go down with it, make no mistake. It won't be the end of crypto currencies, perhaps a new technology replaces them all. That's just my theory of a Bitcoin apocalypse scenario.
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It looks like it, right now things are a little slower than in the past few days so maybe if it can find support here we can go beyond $400 in the next bump.
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I always loved sports but somehow I just never gambled on them, just with friends and the like. I just don't see it as very rational really and you will end up losing money unless you really are a savant or have some insider information. Many people made a lot of money in Seria A (Italian Football) for example if you remember with fixes games that relegated Juventus to the second division.
I'm not good on betting in soccer. Sometimes i just watching semi-final and final match on football with friends. *except World-Cup  I would wager a lot and follow it from beginning until FINAL Hehe, yes the problem on soccer/football is that it's more unpredictable compared to let's say basketball, plus you have draws to consider. A very inferior team, even a second division one can win against the best one in the league or the world. The are countless of upsets like this in history, amateurs winning against pros, etc. However in other sports, like basketball, if a game is close, then the difference between the teams is not too much. I'm sorry, but i totally disagree with you. Even though basketball doesn't have draw, I think football is easier to predict than basketball as it's way way harder to score in football than in basketball. Usually football matches ends 2-0 ; 2-1 ; 1-1 and etc. and basketball totally unpredictable at this (unless you know both sides really well(honestly, even than doesn't help in NBA sometimes)). That's why IMO it's easier to predict football. Alright I trust you since like I said I don't bet on sports at all, it was just an opinion from a sports fan. I think that the difference is also in each league. In the NBA you have a salary cap and all teams are powerful, there are logical differences that you can predict. Right now Cleveland will go to the finals and that's 99% certain. In football you can't say that for any league or match, nothing is written in stone. Upsets in basketball also are very rare, even if they happen, the underdog was not really a true underdog. In football there is plenty of examples, Greece in the Euro, plenty of small teams in the WC and too many more to list here. |
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Yes they are not popular at all, only a small % of bitcoiners use them but from what you read here it's like they talking about the second coming. Only a very handful, if not just one or two altcoins have something new or unique to offer compared to Bitcoin. And even then Bitcoin will remain the standard unless a true new technology is created.
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For the general media and common people it's definitely bad advertising. However I'm sure the black market moves a lot of BTC per day. If you throw in grey activities like gambling, then it's even bigger. I for one, don't really know if Bitcoin has a true identity, to me it is still making the first steps on what could become. But not sure if it will ever shake off that reputation of being something illegal, bad or unsafe because of cyber heists and other scandals.
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I always loved sports but somehow I just never gambled on them, just with friends and the like. I just don't see it as very rational really and you will end up losing money unless you really are a savant or have some insider information. Many people made a lot of money in Seria A (Italian Football) for example if you remember with fixes games that relegated Juventus to the second division.
I'm not good on betting in soccer. Sometimes i just watching semi-final and final match on football with friends. *except World-Cup I would wager a lot and follow it from beginning until FINAL Hehe, yes the problem on soccer/football is that it's more unpredictable compared to let's say basketball, plus you have draws to consider. A very inferior team, even a second division one can win against the best one in the league or the world. The are countless of upsets like this in history, amateurs winning against pros, etc. However in other sports, like basketball, if a game is close, then the difference between the teams is not too much. |
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Not soon but maybe sometime in the future and maybe not Bitcoin. It's only natural that new generations embrace it like water. I mean many of us are from the internet generation I guess but not from this martphone-in-your-pocket generation. In 10 years, children who are living in this age will be adults.
The concepts of sharing and privacy will have a different meaning for them. They are posing for cameras 24/7, uploading their lives and having technology as a major part of their childhood, think about it. Nobody owns anything, nor music or movies, you stream it and you're done, it's all in the cloud. We take that from granted but we didn't grow up with it, we adapted.
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$400-500 is definitely possible, but we can't know for sure, for me it is just a hunch, I'm being honest. Next year is another story.
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Yes from my small time in this community and scene I've noticed that altcoins didn't move much after Bitcoin recent rise. Some months ago if Bitcoin changed value it affected the top coins directly and almost instantly.
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I always loved sports but somehow I just never gambled on them, just with friends and the like. I just don't see it as very rational really and you will end up losing money unless you really are a savant or have some insider information. Many people made a lot of money in Seria A (Italian Football) for example if you remember with fixes games that relegated Juventus to the second division.
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I've used a script and run it for 10 minutes or so and doubled my money, it wasn't much, like 0.025 BTC or something. I cashed out and never played again because I know I got lucky.
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I think on top of China government control there must be cheap electricity there because of how many farms are located in China. It's not only China that adopted Bitcoin but markets like Argentina, Brazil, Russia and others are keen to Bitcoin because their own currency is very prone to devaluation.
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Zeitgeist (No, not the infamous documentary)
From Wikipedia: The Zeitgeist (spirit of the age or spirit of the time) is the intellectual fashion or dominant school of thought that typifies and influences the culture of a particular period in time. For example, the Zeitgeist of modernism typified and influenced architecture, art, and fashion during much of the 20th century.[1]
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Someone loses money, someone makes a lot of money.  This is how the trading works, but i general the exchanges always win. Because every time an order is finished they charge at least 0.2%. About the pump i hope to continue until 400-500 for this year and it is enough. No, come on, that's nothing, what you're describing is straight gambling. There are many many stocks that have been rising for years and decades, it's a perfectly valid investment (you can lose your money of course). But if you've bought Visa shares for example an year, five or ten years ago, with some bumps in the road you would have today a very nice interest generated. The problem is that most people don't have a long term goal and they usually buy when the price it's already high and panic sell the minute they start losing money, they're not used to it. That applies to trading Bitcoin and altcoins too, except the "rules" and market is much more volatile. |
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From what I have seen, most of us here are DGB supporters. We like DGB and want it to succeed. We are helpful to those with problems, and have been supportive with other Altcoins.
When people come here and question DGB's motives or have something negative to say about DGB, people are taking it personally and are attacking back. This is the wrong thing to do. We need to stay as a strong, positive DGB community and not feed into the negativity/hate that some people come here with.
Sure, it bothers me when I see people that have something negative to say (I have even said some things before that can be taken the wrong way, but for me it has always been constructive), but what bothers me more is when members of our DGB "community" go down to the same level and give hate back. How does that reflect on all of us? If a new person who is interested in DGB comes here and reads a few pages, the bad attitude that we give back to people is going to stand out in their minds MUCH more than any positive helpful things.
One thing I've learned in my real-life job is to "assume positive intent" even when someone says or does something which you perceive to be bad. We should all try to do that here too. When someone comes here and says something against DGB, and you rage-write a flaming response to them. Please, stop before you hit "post" and ask yourself if it's best for the community to add to the flames and put those comments in our thread.
I agree, I understand where the "haters" intend, I don't agree of course but they may rise some interesting questions and points that many don't know about and would like being discussed. It also helps the DGB community because is a way to discuss all this. We can be just a can of "fanboys" going on and on about DGB hehe. |
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i dont think that bitcoin will reach such heights
you're overthinking Lol. Well it's $325 right now...this thread feels obsolete already. $400 seems like a lock now... |
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That's the best case scenario. Another great scenario is that after the halving the current value will multiply many times or more. However there are many others cases where Bitcoin can either disappear or become obsolete like others have mentioned.
With Bitcoin we should also be aware that scandals and scams are around the corner, a tech flaw or huge cyber heist can make Bitcoin look very bad and expose it. I'm not saying it has flaws, but we can't really know what will happen in 2 or 3 years.
This can open the door for newer technology, faster, better, etc. Hopefully Bitcoin is like the internet and continues to lives on through the years as the standard digital currency.
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