This is old news. Even after the drop, Monero is worth 4x of what it was before the rise began. Those who manage to spot Monero's potential have made money.
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Patents and open source don't go well together. But we can't expect existing companies to move away from the patent-protection regime.
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I think Bitcoin has paved the way for financial and innovative success for many people already and some have become extremely wealthy through Bitcoin so YES, I agree with this statement that bitcoin has helped to bring success and it will continue to do so as more and more new people enter the Bitcoin area.
Those who have become extremely wealthy would be the early adopters. I don't envy them because they had the foresight to realize how big Bitcoin could be. Whether those who entered it in the last few years will become wealthy, only time will tell.
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some wealthy entrepreneur decided to drop a total of 1 billion business cards, having a blank bitcoin address and its private key on each side of them, from air to ten major cities of usa? Would the common folks be interested in using these cards as regular money? Would this act be permitted by law?
first of all the giving away money (bitcoin) for free is never a good idea if you ask me especially if it is done like this. which is why i say instead of throwing money at people it is a lot better if there is like a seminar, convention, or whatever you want to call it about bitcoin and in that after explaining about bitcoin give away some paper wallets. Giving money away is not a good idea? Quantitative easing essentially does that. And Central Bankers all over the world are falling over each other, trying to outdo each other in this game.
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Real big money (institutional investors) have a mandate they have to adhere too. I don't see Bitcoin figuring in those mandates. Investors will have to make do with what options are available.
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The legacy systems are at higher risks from hacking. We have seen that hackers/ impersonators can even attack Swift (as seen by Bangladesh Central Bank losing money).
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I want to join this campaign
Name: aso118 Post count: 1112 Rank: Legendary Bitcoin address: 1AQA3kVcmMdEGwdYaRxVQCeU9z4wcqiGqy
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Wow, so glad I came here first before buying....I saw the article today and was about to buy 2....
Relying solely on an online article for buying is a recipe for disaster. Do your due diligence and go with established brands.
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a cointelegraph news article pointed them with new very powerfull mining rigs..what do you guys think?
Correction. It is not a news article. It is a press release. Published if you send a write up and 0.2 BTC.
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Scams happen when people lose sight of the underlying product and blindly invest. Unfortunately, this has been happening a lot these days.
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Price is trading around $575 since long time and we see any bad news in coming days then it will take price even lower, so our first stop should be to touch the price of $600.
Touch $600 and hope nothing goes wrong/ exchangers go down. 2017 would be a good year if nothing ever goes bad, and we see only positive news about bitcoin. It's not always about the value of bitcoin that we only need to look at, but we should also look into the developments with the blockchain. I agree with you 2017 is going to be a good year if the price of bitcoin is going to keep on rising today. Even there is a fall down with the price of bitcoin last month. And if there is a fall there is a rise, so that rise is slowly happening today. And we are going to see that rapid pump again for the year of 2017 and more people are going to adopt bitcoin. We may be very positive in our view on bitcoin but as far as I know we cannot tell what will be the happening on bitcoin in the year 2017. It was just last month when we are expecting bitcoin to hit 800usd to 900 usd but what happen? Then some unexpected thing happen. a major exchange was hacked that drive bitcoin down. Anyway there is no question about adoption of new people, and if bitcoin maintain the good press and no bad press, there is a huge possibility that bitcoin will increase in price in the year 2017. This rollercoaster is what makes Bitcoin attractive. What you need to do is get the overall direction right.
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I probably won't go through with it, however, I still consider Betcoin a company none should advertise.
So is that the final word??
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-snip- Legendary Members [1/2]: 0.040BTC per week -snip-
Is there still 1 legendary slot available? The title says CFNP....
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Professor to SEC: Bitcoin Funds ‘Like a Penny Stock or Ponzi’Computer science professor Jorge Stolfi has angered bitcoiners with his submission to the SEC regarding a proposed Bitcoin investment fund. As part of its approval process to be listed on the Bats BZX Exchange, details of the COIN ETF were published today in the US Federal Register. Any interested parties have 45 days to submit an opinion to the US Securities and Exchange Commission. READ MORE >>> https://news.bitcoin.com/professor-sec-bitcoin-penny-stock-ponzi/ Just because somebody has a 'professor' before his name, doesn't mean that he has to be taken seriously. Remember Professor "Bitcorn", who predicted that Bitcoin would drop to $10 within a year?
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He is unrecognizable. If it weren't for the news reports, I wouldn't have been convinced that the man in the pictures is Mark Karpeles.
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I dont think bitcoin will kill off all other ALT coins. Imagine 5 or 10 years from now end users are selling their products online and accept multiple forms of payment BTC, ETH, LTE, etc. Why not??? Just look at this chart here.
Anyone can just create an alt, there will always be alt coins but they are testing ground for bitcoin. All alts are priced in bitcoin and they do take some value away from bitcoin but nothing we can do thats the beauty of crypto. They just don't take away value from Bitcoin - they bring value to the crypto ecosystem. A lot of people who have invested in Ether, would not have invested as much only in Bitcoin.
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Looks like they got off to an early start.
It took months for eth to soar and then turn to shit.
Nice of them to save us all some time.
The price might have dropped a bit (~20%) now, but they have come out of nowhere to become the third most valuable cryptocurrency. Let us see if the price drops further or this is about it.
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It will just slowly shift to mirror what happens in the real economy. Silk Road might have given the initial impetus, but other sectors have contributed to its growth.
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Don't the Winklevoss twins have an exchange traded fund with bitcoin? I thought I heard they were working on one at some point but haven't heard the progress on that.
They are still struggling with the SEC. There was an announcement that they had decided to use BATS, and not NASDAQ for the offering.
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