[1] He probably means the transaction fee. It's just so big if you ask me. People complain about it all the time. It's a shame they don't know bitcoins. Or maybe they do, but too lazy to read all the necessary things so they settle with Paypal.

[2] That is correct.

[3] Not too large? "The fee for each transaction is 2.9% plus $0.30 USD of the amount you receive" Considering that the fee is on percentage, the larger money that you send/receive, the larger fee there would be. 2.9% of 1 million USD would be 29K USD. Where exactly are they going to use that large fee? They basically just moved your balance to another account on their database.

You don't have to settle for a business that small if you're making 40$ a day. In just a month, you'll have $1200 and you can have much better investment with that. 3D printer is popular in first world countries because they are the first ones to have and afford it. I think it would be good if you buy a 3D printer and then rent it or just accept the design online, print it, and then ship it to the buyer. Not everyone can afford a 3D printer but needs to use one.

But again, with 40$ a day, there would be much better investments than that. Research what your area actually needs. You don't want to buy a 3D printer and have it rented by other people, but end up selling it the next month because you just found out that most people in your place either don't need one or already one.

[1] Isn't child porn has always been banned? AFAIK all those porn productions are following some law as well (i.e. model should be 18+ of age)

[2] You don't have to buy a membership of a website just to ban it. They simply talk to your ISP to ban certain websites. Funny because there are far too much porn sites out there and they only ban the most popular ones. People can still watch porn regardless. It's not making much effect since any tech savvy person knows how to bypass this. Even kids can look up how to bypass it. SMH.

It makes total sense if you're just going to risk 2BTC out of 12BTC especially if you're just starting out. 2BTC is already a good amount of money in trading. You can already pump a coin using that money but we shouldn't put all of our money in one investment.

I know that you're thinking the more capital that you put in trading, the more income you'll get. But that's partially wrong since you can lose all those money as well. I would prefer investing in trading small amounts of money than using all of the 12BTC. There are far more investment types out there that the remaining 10BTC can afford. You can even make your own business in real life using 10BTC which is a lot less risky if you ask me since you'd know what kind of commodities your area needs.

They most probably meant "character".

You only need to sell at 1,282$ to get your 25% profit. This Pascal's tetrahedron might help you:


The next mark would be around 1,500$. We're at the 987$ mark right now. We've been here for a while now so I guess the next major movement would take us to the next mark. Although it's purely a speculation and there's no proof that bitcoin price is based on that figure, it's still showing good indicators like the 233$ and 610$. We stayed on those prices for a while as well.

Actually you can already use bitcoin as a currency when you use Purse.io. You can buy stuffs from Amazon using that. You can also pay your bills using bitcoin on various countries. For public transportation, I've seen someone selling in the Digital Goods some Uber coupon (or whatever it's called). Maybe the use of bitcoin as a currency is not yet fully acceptable in all places and in all services, but we'll get there eventually. You can also buy coffee from Starbucks using bitcoins. That's a good start since Starbucks is a really popular company.

Banks don't only depend on their lending system. They also invest your money somewhere. They invest usually in big companies that have really promising strategy and goals for their business. You know that they are not going to get scammed by that company because they have legal agreements to each other.

I agree with you that if they start loaning random people on the Internet, their company will be doomed. That's why it's most likely that they're not going to do that. There are website like BTC Jam that loans people on the Internet and to be honest I don't know why is their website still on. People would just be running away from them even when they got that certain individual's identity.

Or you can simply buy from someone so you won't leave any trail except for the transaction history. Besides, there would always be TXID no matter what way you buy bitcoins. If you create your own wallet, the government wouldn't know that it belongs to you since creating your own wallet doesn't require any ID verification.

You can even get a discount from someone if you're going to buy from him personally. When you use an exchange site, you would pay a standard fee regardless of how much bitcoins are you buying/selling.

Cloud mining site would be better than hardware mining to those people that (a.) can't afford a mining rig, (b.) don't have a place for a mining farm, (c.) high electric bills. We all know that you need to have a decent mining rig to have some actual earnings from hardware mining. Otherwise, it would take time before you can ROI or get bored and end up just selling the rig for a lower price.

Supposed that there's an actual legit cloud mining site, one would think that it's much better to invest there since he can simply get a part or a percentage of the total mining power of someone that has a decent mining rig.

It's like having your own mining rig but only 5% of it.

[1] Are you talking about this article? It's just a clickbait and the main point of the article was just there's 21 million limit on the supply. Like, who doesn't know that? I usually don't believe on these types of articles claiming the price of bitcoin going to be this and that and then just show some lame evidence. There are also speculations from these "experts" ( ) saying that bitcoin would continue to go down when the price went from 1060$ back to 960$ and they're wrong.

tldr: Not every speculations have a good evidence to back it up. Most of them are just purely speculation and nothing else.

If someone is going to point a gun to my head, he can surely do stuffs on my phone and get my bitcoins. There's a scannable QR code, so the thief only have to take out his phone as well and use your phone to scan his code to copy the bitcoin address. It would take just a couple of moments as well.

It's basically the same thing as you taking out your wallet (taking out your phone), and then handing him your fiat money (scanning his QR code and then sending all your coins).

The thieves would just adopt the the situation when bitcoin is the primary currency that we're using.

(Oh, if you're going to point out that your bitcoin wallet is not on your phone, then you must have fiat in you. The fiat would be stolen instead. At the end of the day, no matter what currency you have, you're going to get robbed if you're meant to get robbed.)

[1] Actually cloud mining sites offer a much lower return than other investment sites. There's bitcoin doubler which doubles your money mostly after 100 hours. There's HYIP which from the name itself have "High-Yield". And then there's Rev share that's typically 10% return every month.

Scam cloud mining sites usually offer ROI for 3-6 months depending on the website. While seemingly legit cloud mining sites would take more than a year before you ROI (again, depending on the website).

I don't know why would someone be offering a legit cloud mining site if he has his own mining farm. He can take all of those profits, no need to share it to others. Maybe if there would be an actual legit cloud mining site, the KHz that you'll get for a certain price is much lower than when you bought your own mining rig.

That's why most of the time the price of altcoins goes down (bitcoin terms) when the price of bitcoin is increasing. I think it's because you can earn profit if you sell your altcoins, so you can sell your bitcoins to USD. When the price of bitcoin has decreased, people are likely to pump up their favorite altcoins just because altcoins are based on bitcoins.

I've never seen that much active altcoins that didn't decrease in bitcoin price when the price of bitcoin has increased. There's no direct relation in their price but that's mostly what's happening.

Is FLUX actually for campaigns that are normally full, and then have one spot opened up (because someone left the campaign) but would close again right after they found one participant? If so, it would make sense to put Rollin.io there right now and then move them back to CFNP later. Just wondering.

How come none of these altcoins have replaced bitcoin? AFAIK, all altcoins are a perfect copy of bitcoin and then added some feature/use to attract a certain market. It would take time but they don't seem to be having any progress on replacing bitcoins. Almost all of the altcoins out there promised that they are going to replace bitcoins, yet they are all worth 1 satoshi now.

At the end of the day, all of these cryptocurrencies are still built by their audience. If no one's using it, even though it has several more features than bitcoin, it's worth nothing.

Tl;dr: Only possible way for bitcoin to get replaced by another crypto-coin is to have more users than bitcoin.

I think you're referring to this article or something that's like that. You should've read the comment section and see the people calling the website as "rubbish".

Although quantum computing has been a thing for a long time, they are not appearing any time soon. There are new algorithms that are being developed to make computer stuffs "quantum safe" and it's basically a race between the two (development of the algorithm and the making of quantum computer). If the quantum computer goes first, we are doomed that someone would be decrypting the private keys of our wallet addresses.

[1] It was created so people would be aware how foolish have they been for being controlled by the government for so long. Bitcoin is another option of a currency/property but in this new concept, the people are on their advantage and the government doesn't have any power.

[2] This contradicts to your idea that bitcoin cannot replace fiat. If bitcoin has become a way to store value of people around the world, then bitcoin has already become mainstream and it's either on the verge of replacing fiat or it has already replaced fiat.

If you don't buy now, then when are you going to buy? It's never too late to buy bitcoins because bitcoin would still be there after a couple of years, but there's no assurance that the volume would increase. Just like what Satoshi said: "I’m sure that in 20 years there will either be very large (bitcoin) transaction volume or no volume." (quote source)

It's just a positive and negative thing. You either are going to increase what you bought right now at $1000 or it becomes less than that. Just think of this quote: "The best time to buy was few years ago, second best time is now." (quote source)

Sorry to pop your bubble but there's not that much altcoins that is continually progressing these days. ICOs are now just a way for people get a good amount of money for such short period of time. You're too late to invest in ETH, ICN, and other altcoins that really have progress. People dump all of their coins once they profited most of the time so don't expect that the incoming altcoin projects would be progressive.

I wouldn't say that cryptocurrencies are "trending" internationally. Take a look at twitter, bitcoin might not even be trending in one country, let alone worldwide. There would be so much change if cryptocurrency has become the new trend. People follow all the trend.