Lost coins is unquantifiable. What if we start basing assumptions on what coins we think are "lost" only to later find out those coins weren't lost after all?
Yes, it is best to ignore them. We have a ceiling on inflation. Actual inflation will be lower due to lost coins. We don't have to quantify how much lower. |
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Bullshit imo. Why would they sell because there is a risk of losing 5% due inflation.
If they pump it in BTC they risk a lot more.
This money could be in BTC for a short duration and then shift to other assets (inside or outside China). If you plan to take your money out after a very short duration, the associated risk is low. |
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When I am online, I use my wallet to check the bitcoin-USD exchange rate. It is easy and gives me an idea of the total worth of my bitcoin stash.  |
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Look Bitcoin is now $492, it mean bitcoin will grow more.
The next month Bitcoin will cross the $550, and may be above.
It is good sign, specially in that moment, because before 2 week bitcoin come down, and now bitcoin pick up his race.
I think mostly people feel happy about it, just like me.
What are you thinking now ?
It is better you don't get too euphoric about this. In case the price crashes again, you don't want to be devastated. |
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you should be caring about xmas more than the halving date.
If you dont know why, then you need do some research, as it seems the OP has done none.
You may see a bubble or two around the halving date but thats just speculative traders and unless you are actually day trading it is nothing compared to what we need to focus on which is 6 months post halving date.
and it is very likely trading platforms with chop down the leverage (most now only offer 10:1 anyway which is crap)
and the spread will likely become huge, as it has done in the past (i have seen over $20 spread on many occasion)
XMas? Are you talking about when the price surge happened after the last halving? The past is not a very good indicator of what is going to happen in the future. |
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I get all of what I need from here. That's the best source of information, and it can be commented.
after you flick through pages and pages of dribble here too many people just chatting here, and most are misinformed or are misinforming You can go the press subsection. That is mostly a collection of links. No chatter over there. |
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Tim Enneking, chairman of cryptocurrency investment manager EAM, said:
"[There are now] serious concerns about whether [bitcoin] can do thousands of transactions a second and whether it’s robust enough for widespread use."
The block size debate will get settled... eventually. I am not sure that the scalability debate is the main concern with Bitcoin. |
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This is interesting. Blockchain based cross border transaction volumes are increasing by 20% m-o-m.
There is a base effect, but still the growth is pretty good.
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The halving is baked into the price already. Sell the news.
Problem is also with the inefficiency of bitcoin markets. It is possible that the market has not fully factored in the block reward halving, due to its inefficiency. |
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Then people wonder why Bitcoin has such bad reviews from mainstream media  This is two in one: stealing and funding war. We already have enough of that courtesy of our governments. This is what we're trying to fight with Bitcoin. Unfortunate to see people having an opportunity to do things differently and yet they still do the same terrible things that are done with fiat. What do you expect? As bitcoin usage increases, you will find that it is used in all applications that fiat is used in. The problem is not with fiat or bitcoin, the problem is with people. |
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We all know what happened to the Rouble over the last 2 years.
That definitely won't inspire confidence among common people about the government's ability to manage a cryptocurrency.
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It will take a long, long time for quantum computing to "arrive" on the scene.
By that time, the financial world as we know it would have changed so much it will become unrecognizable.
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Title is misleading. A country cooperating on blockchain is way different from a few financial companies exploring blockchain. When a government decides to use blockchain to store land registry records or in other databases, it will have a huge impact. |
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Possibly because people don't understand it?
It is easy to get sucked into hype.
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If the monthly interest on your corpus is sufficient for your expenses, you can retire.
That again depends on the prevailing interest rate in your country and standard of living.
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I'm also eagerly awaiting the second halving. A lot of Bitcoiners seem to think that the halving will lead to immediate price increases. Personally I'm quite skeptical: Since everybody knows about the effect of the halving it should be already priced in. Nonetheless it's somehow exciting to see an algorithm at work that generates immediate financial consequences. So for me the halving is first and foremost a great opportunity to simply celebrate the birth of Bitcoin with a beer or two... ya.ya.yo! You can celebrate on Bitcoin pizza day too. You don't need a reason to drink beer!! |
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Ha ha... Nobody expected it to be below $1000. A few were expecting it to cross $100,000. The founder of Mastercoin predicted a big range: $500 to $10,000. |
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At its core, Bitcoin is all about granting users full financial control at any given time. For some reason, a lot of these users will store funds in an online wallet or exchange, both of which are fully controlled by a third party. If the company providing this service would shut down all of a sudden, there is no guarantee users will ever see their money again. http://themerkle.com/3-common-ways-bitcoin-users-lose-their-funds/I would add ponzi schemes to the lot.  Some people even purchase bitcoins just to participate in ponzis. |
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Last halvings have given users good profit with the peak increase. Just of that people hope for a profitable halving this year too. No one is sure about the real facts behind halving, only time gives us all the answer.
halving the previous or four years ago was quite successful with a sky-high price but this time the situation is different. the current price is already high enough to bitcoin and the user is not booming as halving the time before so the demand may not be as big as halving the time before, The increase in price was not immediate. Buy yes, if you compare the current price with the price existing 4 years ago, there has been a massive price increase. |
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Bitcoin is famous in some countries, but it will take time to be accepted globally, and it is successfully moving towards it and in next few years it can hit the mainstream for sure.
I think bitcoin is already popular in many parts of the world you can see there are people in every country using bitcoin and become bitcoin users. This proves that the ongoing deployment of bitcoin and I'm sure bitcoin will be more spread and famous When Bitcoin makes its presence felt in Asian countries like China and Pakistan, you can be sure that its popularity is increasing. Asia is the new frontier for technology. |
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