of course bitcoin is not designed to last forever, in my opinion bitcoin will go on for about 500 years until it will be replaced by some kind of a better currency, thats my guess for it
The OP is talking about our lifetime and what happens when the block reward becomes low. Of course, nobody knows what will happen in 500 years time.
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bitcoin is mean't to be fiat independent. Why is its price/value backed by dollar, instead of the gold-standard. In reality, we're still under the tight grips of central banks, United States, and the dollar!
This is a large issue which needs to be fixed, internally within our community and externally ...
At least when it is traded, it has to be quoted against fiat. Nobody is going to pay actual gold to buy bitcoins, so it doesn't make sense to quote it in terms of gold. You can quote it against a McD burger or iPhone, if you really want to.
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I think bitcoin is not still anonymous because anytime your transaction can be track but there is a 3rd party that you can use like bitmixer or crypto mixer that can not you track by someone.. So its not enough for me but there is a good service just like the bitcoin mixers..
The anonymous of bitcoin just cover your personal data, but nothing for your wallet and tracking. the mixer bitcoin is helping someone to get out from this problem. because the bitcoin is published your financial wallet to a lot of people. I always using a mixer service to go out from this problem. A mixer might be required just at the final step, before you convert bitcoins to fiat/use bitcoins. Because of its pseudonymous nature, your real identity is protected until then.
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It is clear one of the only courses of action for the Japanese government is purchasing foreign currency en masse. Bitcoin may present the solution they are looking for, as it can soak up a lot of money that needs to be spent. Moreover, Japan is warming up to the concept of Bitcoin and cryptocurrency as of late, which could spell a BTC price increase in the coming months. http://www.livebitcoinnews.com/the-need-to-suppress-yen-value-may-lead-to-bitcoin-boost/The Japanese may be warming up to Bitcoin, not the Japanese government. To suppress the value of the Yen, all the government has to do is buy enough dollars. There is no need to take risk by investing in Bitcoin.
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Argentina is ripe ground for Bitcoin. With a history of fiscal mismanagement, high inflation and sovereign defaults, people would naturally look up to an independent currency.
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A lot of shootings happen with people who are licensed to carry. In any case, I wouldn't be comfortable with a smart gun which can be locked.
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It is like a person whose birthday falls on February 29th. It is time to celebrate, once every four years.
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All we have to do is watch the impact of the halving on Bitcoin's price. That will determine the fate of all the different participants (not just miners)
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No I have never bought something fro the deepweb before but I do have heard of it before, I am not here to be spending Bitcoins but to make them. I want to make money with Bitcoins and nothing else.
Well, the point of making money is to be able to spend it. This holds good for Bitcoin as well.
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It would be nice to have Bitcoin as a currency used in your local region alongside with the currency that has been there all along. That would be quite nice since we actually wouldn't have to convert our money to FIAT unless some would still think that it won't be liquid. Though it would still be nice to see it becoming a accepted currency worldwide.
If both fiat and bitcoin are accepted in your country, and bitcoin is accepted in foreign countries as well, which would you rather have? Governments might become insecure because of this.
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We have municipalities and states looking at bitcoin and legislating. Why can't countries take the lead?
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Current times are great for traders looking for volatility. Last days there have been several $40-$50 price swings which is a great thing for traders, but not so much for people who are sensitive for such price movements. I think this is just the beginning as we are heading closer to the block halving.
Bitcoin holders are used to such rollercoaster rides. Unless you have leveraged positions which have to be unwound, there is no problem. Just ride out the price volatility and enjoy the increase in price.
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I think in developing countries like Indonesia and Philllippines, the figure must be more than 90%. A lot of people have been introduced to faucets through Bitcointalk.org
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Thanks, blockchain is no solution because I do not want another wallet but bitnotify seems to provide the essential info I search. I will test it out. Thanks! If bitnotify does not work, you can try https://www.blockonomics.coThis site has email notifications and also push notifications to browser.
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A similar bounty offer made by the Bitcoin Jesus resulted in the hacker quietly surrendering. Seems like a good ploy to deal with criminals.
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Entrepreneurs find different ways of making one. Having a blockchain course is one such way.
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This hard fork decision by Chinese mining pools requires a lot of collaboration from the mining community, though. At least 75% of all network hashrate will need to agree to the Terminator plan.However, this plan is very bold, and sounds a bit unrealistic. Then again, one never knows what comes next in the Bitcoin world.
It doesn't matter whether the miners coordinate or not. The coin which the end users accept will be the true bitcoin, the other will be an alt.
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I can't believe we're not seeing a big run or a big crash with only a week away from the halvening.
I think we'll see a big dump in the final days leading up to the halving. Should be interesting either way Ignore all price movements right now. Wait for a couple of months after the halving. That is when you will find the true price.
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"This hard fork decision by Chinese mining pools requires a lot of collaboration from the mining community, though. At least 75% of all network hashrate will need to agree to the Terminator plan. Once that threshold has been surpassed, the new Terminator mining pool will switch to Bitcoin Classic as well. In doing so, they will push Bitcoin Classic support to over 90% of the network."
But there is very little discussion about Classic in this forum.
There is discussion, but you won't find it in the official bitcoin boards. You will have to look at altcoin discussions.
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