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6541  Economy / Trading Discussion / Re: Bitcoin Exchanges on: January 13, 2016, 11:36:45 AM
If you are from the US, you can use Gemini, it is 12th largest volume exchange now. It is regulated, so your money is safe there.

No serious trader will join Gemini due to their low volumes. Their 30 day volume is a disappointing BTC12,800.
6542  Economy / Speculation / Re: What is happening to BTC price? on: January 13, 2016, 12:02:44 AM
Not normal banks, central banks.. I bet they are buying for more than a year on every drop

Central banks look at Bitcoin as currency and have a good laugh. Bitcoin is not something they are afraid of.

And how are you so sure they are buying on every drop for more than a year? Are you one of them?

Stop reading science fiction comics.
6543  Economy / Speculation / Re: I have .00000001 bitcoin. Will I be a millionaire by 2046? on: January 12, 2016, 11:54:12 PM
Please stop.

Threads like this are pretty funny to be frank. At some point it just makes me laugh. But to be serious about it, I would actually say that you may be a millonaire with 1 BTC by 2046, but 1 satoshi? Man, that's some funny shit.

Some threads are indeed funny but this thread is just pathetic. Millionaire with 1 satoshi... What do you think OP!!
6544  Bitcoin / Hardware wallets / Re: What happens if Trezor's hardware gets updated? on: January 12, 2016, 02:09:50 AM
Just buy a new one.

This.

You will not be sent a new hardware wallet just because you have the previous model.

As with all technology related hardware, yesterday's hardware is old today.

Amph has answered your question.

6545  Economy / Speculation / Re: What is happening to BTC price? on: January 11, 2016, 02:03:55 PM
Central banks probably secretly buying but just when it drops... To soak up supply for a few yrs before ppl catch on and frontrun them and make them rich..

Why should they buy in secret? It does not make sense.

They are not interested in the coins. They look with great interest at the blockchain as technology which might help them build a whole new banking platform.
6546  Economy / Economics / Re: Bitcoin worth to you or not... on: January 11, 2016, 01:42:59 PM
To me it is totally worth it. I can see Bitcoin's technology can take the financial industry to a whole new level.

I use it as a currency and as an investment.

As my handle suggests I am holding Bitcoin. I do so because I believe in the coin and the technology behind the coin.
6547  Economy / Trading Discussion / Re: bitcoinity.org/markets - live bitcoin price charts on: January 11, 2016, 01:25:10 PM
I use bitcoinity as my main chart and to view the live trades for quite a while now.

I would love to see an added feature as a live order book where we can see all open orders.
6548  Economy / Trading Discussion / Re: What is your trading strategy? on: January 11, 2016, 01:16:23 PM
Buy low sell high. It is very easy and not time consuming. I do it occasionally as it requires you to have a good bit of patience.
6549  Bitcoin / Bitcoin Discussion / Re: Request to REVERT the removal of Coinbase.com is IGNORED. on: January 10, 2016, 11:00:03 AM
Why do they want to remove the Coinbase site from bitcoin.org?

They already removed it. They did so because they gave a try to BitcoinXT, and bitcoin.org admins are anti-BitcoinXT.

I think its silly to remove it, but what does it matter? I use it now, i will still use it tomorrow. Beside being less publicity for Coinbase, i don't see what its going to achieve?

Exactly this. I will also continue to use Coinbase no matter what. I don't care if it is being re-added to bitcoin.org or not.
6550  Bitcoin / Mining speculation / Re: Gigantic difficulty jump of the last few days (speculation) on: January 09, 2016, 10:53:22 PM
My thinking is that difficulty will continue to increase until the halving at least. We may not see +15% every time, but I think the days of difficulty decrease are over for a few months. I say this because I think the major ASIC vendors want to sell everything they can. They are worried about the impact that the halving will have on hardware prices, and they want to "sell while the selling is good". I think with their current Batch 8/9 design, Bitmain has whittled the cost down, and they'll continue to push hardware, adjusting the price down as they need to keep folks buying. When the demand for an $1100 4.6 TH miner dwindles, they'll find out who will pay $1000 for that same miner.  Rinse and repeat until it doesn't work anymore. This hardware they sell WILL get deployed and turned on. In some cases it will replace existing less efficient gear, but the net effect will be an ongoing increase in network hash rate. As long as the price of BTC doesn't stall (for too long), they can keep the game going. Difficulty is irrelevant to them, it's all about the price of the hardware, and how much they can push out the door in the next few months.

Come May/June/July, we'll see what happens, but until then, it's "sell baby sell" for any and all of the ASIC vendors.

It's not clear what the benefits are for any of their customers, certainly NOT the home/hobby miner. This feels distinctly different from a year ago, when there wasn't a mad rush to sell everything possible.  I think it is driven by the price of BTC. As BTC price rises, that pushes network hash rate, which then spurs difficulty increases.

If the price keeps increasing and increasing then we will continue to see the difficulty break record after record.

I do however agree with you that it will not rise with big (+10%) steps each adjustment period.

Seeing the difficulty go higher and higher means that miners are making some decent profits at the current price or they are just hoarding coins to sell at a later moment. That is also possible.

6551  Other / Meta / Re: Why don't add a banner under "Search bar" ? on: January 09, 2016, 10:43:34 PM
Front page ads will have the best possible exposure. However, it will only make the forum look less appealing.
6552  Economy / Speculation / Re: Your predictions for 2016 on: January 09, 2016, 10:33:24 PM
Bitcoin will be worth $1000 again in 2016.
6553  Economy / Speculation / Re: $2k in january on: January 02, 2016, 01:45:46 AM
No matter how bullish I am right now, I can not see the price even get to $600 this month.
6554  Bitcoin / Bitcoin Discussion / Re: Should i buy my first whole bitcoin on: December 30, 2015, 11:13:48 AM
Should i buy my first whole bitcoin ?

I just want opinions, would you buy a whole bitcoin ?

no atm. start learning more about bitcoin and make your own decision in the future.

He already bought it. OP, well done and happy holding!
6555  Economy / Speculation / Re: Will bitcoin go back to bellow $400? on: December 26, 2015, 02:05:06 PM
No. I think we will see the price go up again once it is Monday. Keep holding and do not panic, this is manipulation.
6556  Bitcoin / Bitcoin Discussion / Re: Are you holding your bitcoin for a price increase? on: December 26, 2015, 02:25:40 AM
I am holding a good portion of my coins for a price increase, yes. Probably 50% of my coins will get sold at some point in the future. The rest of my coins will remain in my wallets for at least 10 to 20 more years.
6557  Economy / Speculation / Re: Bitcoin Value 2016 on: December 23, 2015, 02:32:52 AM
I think a maximum of $1000 will be the peak of 2016. After that we will see the price come down to settle at $800.
6558  Economy / Speculation / Re: Sell some and hold rest on: December 20, 2015, 06:31:40 PM
Panic from other people allows us traders to make a good profit. It's not a bad thing.
6559  Bitcoin / Bitcoin Discussion / Re: Minimum transaction fee is the anti-spam mechanism of Bitcoin, not block size on: December 19, 2015, 01:57:02 PM
I do agree that a minimum tx fee is better as solution than simply increasing the block size. I only don't think it's a good idea to for example force Bitcoin wallet clients to force people to pay a certain fee.

The great benefit/selling point of Bitcoin is that you can send money without even 1 Satoshi as fee. It's not a selling point anymore since a lot no fee transactions won't even confirm within a 2-3 day timeframe.

It's a more than difficult subject without an easy solution. There are a lot people with different views on how to reduce the amount of spam transactions. But so far non of them came with the best possible solution where the majority of people are happy with.
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