There is huge potential in India, waiting to be tapped. Even if a fraction of remittances happen through bitcoin and are then converted at exchanges, the volumes will take off. |
|
|
|
Tumultuous Week Fuels 30% Gain in Bitcoin and Ether Prices Bitcoin and ether both surged this week, the former hitting a 28-month high and the latter surpassing $20 for the first time. The combined rally of these two digital currencies from 10th June to 17th June helped shed further light on their relationship, a matter that has frequently drawn the attention of market analysts. http://www.coindesk.com/bitcoin-ether-weekly-gains/What is interesting is what happened after 17th June. The DAO hack and its aftermath ensured that all the correlation calculations went out of the window. |
|
|
|
Halving is always profitable if you experience the old halving before you can see clearlyu that the price of bitcoin when the event block halving is nearly done more increase come in the price of bitcoin so its profitable if you have bought bitcoins and hold it for a long time..
yes, I agree with you. if we see in a few years ago in the old halving before the price of bitcoin up to $1000 I think it is time to back again. Now, the price btc increase to $783 at bitfinex Bitfinex is always ahead and a good indicator the price will go to 783. Taking that in account the halving so far has been one of the best halvings ever. With the price getting to 783, we are so close to 800 now I think it will break that with this weekend. Which means the halving gave us 300 dollar to 800. Perfect! yes i think halving this time will provide a great advantage, as we see every halving prices will rise higher. We don't have enough data points to conclude that the price will be higher at every halving. At one point, all those who held bitcoins for more than a year made money. Then 2013-14 happened.  |
|
|
|
Industry Report: Digital Currency Is Booming Across the Globe Japan won’t let Mt. Gox bring it down, MGT brings Bruce Fenton on board, and a digital bank says “yes” to Bitcoin. Want to catch up on the latest digital currency news? Take a gander at the stories below. http://bitcoinist.net/industry-report-digital-currency-booming/BoTM deciding to test an alt, doesn't translate to "Japan won't let Mt Gox bring it down" That is a misleading title. Japan has taken some measures like passing a bill to regulate exchanges, but that isn't there in the article. |
|
|
|
I didn't check my balance too often because i'm so busy on doing signature campaigns and also doing some trading. I check my wallet balance when i send like 0.01 above because im curious on how much it will increase to my balance (in USD).
Which wallet do you use? Don't you have to open your wallet everytime you do a transaction? These days I check the BTC exchange rate at 2 places - Online websites as well as my wallet plugin.  |
|
|
|
They are not directly controlling Bitcoins.
But still they are controlling a lot of Mining Power..
It is not just the mining power, look at the trading volumes in bitcoin exchanges. Chinese love speculation/gambling and bitcoin's volatility attracts them. |
|
|
|
i think yes bitcon need no altcoin. i think bitcoin can survive separately. it need no altocin or any other digital currency i think.
Yes bitcoin is the only digital coin which can survive without any help from Alt coin. You can see the all the alt coins value decreasing as bitcoin price increasing these days. Yes, because bitcoin is the source of all altcoin AFAIK. Most of altcoin template comes from bitcoin. Sadly, altcoin was abused as anyone can make an altcoin, market it and dump it.No one regulates in making altcoin and that is a sad part. While alts are derived from Bitcoin, the successful ones like ether bring a new idea to the table. Even the blocksize debate may result in a hard fork and creation of an alt. The presence of alts is necessary for innovation, but don't expect to make money just by investing in one. |
|
|
|
|
Even if Chinese companies did control Bitcoin, what is the point?
They can't derive unnatural profits - Any attempt to do so would only devalue Bitcoin and the possibility of making profits.
|
|
|
|
Bitcoin History tells us that this growth is not sustainable.
There were a lot of ups and downs in the value of Bitcoin, and such trend will continue because it is inevitable.
It's nature of any market, that value always depend of supply and demand.
When demand decrease we will see decline in the value of Bitcoin.
History tells us that there are periods when rapid price increases have taken Bitcoin to new levels. From crossing $1 to crossing $100, there have been several landmarks. Whether the current run will result in a new landmark is debatable. |
|
|
|
Virtual safe haven? Bitcoin surges to highest in more than two yearsThe price of bitcoin surged 8 percent to $750 on Thursday, its highest since early 2014, as jittery investors sought shelter in the web-based currency, once considered too volatile to invest in, let alone at times of market stress.... http://mobile.reuters.com/article/idUSL8N1982E6 I doubt if this is the case. If people wanted a safe haven, they would go to gold or atleast e-gold. The dynamics of Bitcoin are totally different. |
|
|
|
Certain problems he highlights, like price volatility and long confirmation times, will go away once bitcoin adoption increases. If I just give you ten quid, you’ve got ten quid”, he explains. “We’re not having a software program making a transaction queue for 90 minutes before it clears.”If he paid enough transaction fees, he wouldn't have to wait 90 minutes. |
|
|
|
Now this is truly path breaking. A bank which is not afraid of 'tainted' bitcoins. If only more banks were so brave. |
|
|
|
Brexit is the event that will rattle the world market for now. The rich Chinese already have gold, properties in their portfolios. Now it is bitcoins, thanks to Yuan devaluing. Very exciting times these coming 2 weeks.
When there is uncertainty in the world, people realize the potential of Bitcoin. The crisis in Cyprus coincided with the last bull run. For a currency born during the global financial crisis, I think this is apt. |
|
|
|
What sets Bitcoin apart from any other form of finance is how the individual user can fully control ownership of their coins at all times. Albeit one might raise the point funds kept in a bank account is in the control of users as well, that is certainly not the case. Consumers can send money to other accounts and withdraw money from the ATM, but they still have to go through the bank before gaining access to the money. http://fintechist.com/take-full-control-finances-bitcoin/True. But it might be a convenience users are willing to give up. If Bitcoin banks are set up and manage to gain the confidence of the public, people will be willing to give their bitcoins to the bank in exchange for interest payment. |
|
|
|
Halving increasing my money for free cause i am not sold my bitcoins in past, i am very happy and i hope that price will reach $700 soon to sell it.
Yeah it's good for you, but the sad is i already sell all my bitcoins 1 week ago when the halving affect not really affect the bitcoin's price. But now, bitcoin's price increase so high. It is extremely difficult to time the markets, even for experts. So if you believe in the long-term potential of Bitcoin, a buy and hold strategy might work better. |
|
|
|
Trading volumes have actually increased during the last few days.  So it means orders are indeed being filled. Specific sites could be having issues with the huge load on their websites. |
|
|
|
$10 Bn is a significant milestone. Crossing Twitter's market capitalization isn't. Think of the obscene valuation you would give, if somebody asked you to value the internet. Bitcoin is something similar. |
|
|
|
|
The article says that Japan and Singapore too have witnessed an increase in trading.
This is actually good news. Markets across the world, and not just China, seem to have witnessed an increase in demand.
|
|
|
|
Mitsubishi UFJ Bank Plans to Release Virtual Currency in Fall 2017Mitsubishi UFJ has plans to become the first major bank to issue a virtual currency. Their virtual currency dubbed ‘MUFG coin’ is presently being used for internal bank transactions, and the bank is considering release for its customers to use allowing low-cost money transfers worldwide. The ‘MUFG coin’ is expected to become available in fall of 2017... read more We already have a coin that can be used for low cost money transfers - Bitcoin. I doubt if any private company backed alt can be a rival to Bitcoin, given the negativity associated with Wall Street and their counterparts across the world. |
|
|
|
If you are a BTC lover, would you one day like to get your paycheck 100% in BTC? Personally I won't. Because many facilities in my area doesn't support BTC payment. I do not mind receiving, say, 20% of my pay in BTC denomination. I wouldn't mind receiving a small portion of my salary in bitcoin. I do have bills to pay and bitcoin's volatility may mean that a portion of salary is wiped out before I can spend it. There is upside too, like in the current bull run, but I won't take the risk. |
|
|
|
|
Show Posts
