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Interesting that you count only the gold which is used as a store of value. If you think that Bitcoin can replace all gold, its value will come out to be higher. Of course, if Bitcoin is really successful, it will replace not just gold, but a big portion of the money supply as well.
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$4905... Next stop, reverse gear to $4500? Take it as my prediction, I don't want that to happen though.  Why would Bitcoin stop at $4905? A lot of people will wait for it hit $5000 before booking profits. These are psychological barriers. Once we cross them and hold those levels, get ready for another rally. |
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I agree for a whole lot of reasons. It is collapsible in a sense that it can be blocked by bigger economies thereby resulting to depreciating and or losing all our Bitcoin accounts. It is an intangible property/investment/asset which means it can always shut down on its own without running the risk of having to face legal charges. What amazes me is despite all these irregularities and anonymity, it still is very popular. Its popularity being at par to its ever rising value.
It is possible. but I would categorize it as a low probability event. The problem comes when it is called "inevitable". That is when I think these academicians have foot-in-mouth disease. |
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While accepting Bitcoin as a means of payment is good, I don't see the reason why they should introduce yet another coin and do an ICO. Almost all companies are looking at the ICO route to raise quick funds.
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What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
Most probably those people are investors who do the long term goal. They do not care how low would the value of bitcoin decrease because they are aiming for the long term and they knew that the decrease would be temporary and it will recover in the coming years. Most of us believe that Bitcoin's price will increase in the long term. But how long is long-term? Is a holding period of 2 years sufficient or is 10 years required? Eventually, all of us have to cash out if we want to enjoy the appreciation in Bitcoin's price. |
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The Chinese may be able to browbeat exchanges and ensure that trading rules are in effect. They may even propose regulations for ICOs. But they won't have the kind of control they would like, on Bitcoin. The Chinese have bent even the internet, but bitcoin might remain outside their grasp.
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Some kind of double speak here.... Nepalese officials are discussing regulation. Individuals arrested for trading 'without authorization'. If Nepalese officials still haven't made their stance clear, how can bitcoin trading be illegal?
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The number of people asking Amazon to accept Bitcoin doesn't matter. Amazon would weigh its options carefully. It wouldn't want to be converted into a money laundering centre and run foul of authorities. |
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I'm still unclear on this. I've read numerous articles and I've seen that the segwit2x improvement is highly opposed, but none of these articles state whether or not anyone with great hashing capacity actually intends to create a 'new' coin and continue mining on the "unimproved" BlockChain.
What is the verdict on this? Yes, No, We don't know yet?
Yes, a new coin will be created. But the question is whether it will be dead on arrival or not. You and I can decide to fork Bitcoin. But if we don't have any support, no new blocks will be found and people will just ignore this fork. |
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I'm not saying it'll happen today. I'm not saying it'll happen tomorrow. This period of relative stability may last quite a bit longer... But the next major swing will be an upward one. All the signs I see point to this being a virtual inevitability. And I've been right before about a few things at least. I just call it how I see it, nothing more, nothing less. I've always tried to keep it real with people in here whether it was something they wanted to hear or not.
If you have a few bucks to invest it isn't a bad time to do so.
I agree that Bitcoins price seems to be straining to break free. We have hit resistance levels quite a few times before retreating. The next move will be a decisive one. And I believe in the upwards direction. |
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Singapore is seen as an investor friendly and technology friendly country. They have low taxes and a stable legal environment. They could turn into the Bitcoin capital of the world.
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What would the reason anybody will still prefer to deal with these marginal exchanges? Is it because some altcoin which is not listed on the major exchanges trades frequently here. Frankly, even then, the risk is not worth it.
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Chart and history could be a reference to trade but it won't be accurate 100% crypto currencies is decentralized so all of the up and down is based on the market, if more and more people keep on using and investing we will see another rising and there won't be any bubble, for now maybe the rising is over but in few days the price will go up again, the Bitcoin enthusiastic is very high
Charts and history can never be fully accurate. They may not be reflective of a new asset class like Bitcoin. Does any asset class have a block reward halving equivalent in its history? So yes, I agree that Bitcoin's rise is far from over. |
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They could hardly make any profit from CPU mining, so I think it was a bit over exaggerated and unnecessary for them to fire them. Yes, the software might have exposed their network, but I doubt that it would have been their intent to sabotage their own network. People install pirated apps and games on these computers and they never know what the impact of that is, but when IT is involved, they fire them.  The firing is not because they made a lot of money, it is because they wilfully ignored rules and put their government organization at risk. I am not sure whether they received sufficient training, but private companies are very strict in dealing with incidents like these. |
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Hi there I was thinking Bitcoin must have created a biiig amount of new millionairs, doesn't it? I mean people who got interested in bitcoins early, liberals, doomsday government critics, criminals and drug users who used silk road, normal poor people like me. There must be a vast amount of cracy stories of people finding themselves filthy rich. Did you get rich? Would be very interested in stories.Mine:I invested about 10k in bitcoin at about 600 usd, that was about 4 years ago. Was all my money at that time, i saved it in the 6 years before that. Read some book about where to safely invest that did not mention bitcoin at all, then i saw video about bitcoin and put money there. Then it went lower for more than a year, down to 200usd. When it finally went over 600 again, i sold 1/3rd, argh  So it's about 8x to 80k now. Great stuff, but 80k is not exactly big money. (But it's big compared to my income, it's about 8 years of my salary actually) Stupidly i did not put my money i saved in these years into bitcoin.. i just did put it again into Bitcoin recently - i decided to go all in again. The bet is that bitcoin goes to 7k or above in next 5 years. (If it goes below 3500 i start to lose my not-yet-realised wins, if it goes to 7k i will have 200k, if it goes to 15k i will have 400k; - 200k and 400k (euros) means different amounts of financial freedom for me: of not 'having' to work to just survive, but to have income through just having money. (6% interest of 200k is 12k euros per year. I can live off that) A lot of people have made money, but most of them haven't become filthy rich. You put in a years worth of salary when it was at USD 600? That was really brave, my friend. Just wait for some more time and you can settle down. I am sure it will go to 7K and then you will have your targeted 12K euros per year. |
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How many of you got eBTC airdrop? How many coins you got from it.I have seen the Airdrop a few days ago but due to some other work I ignored it.But today I have seen eBTC listed on coinmarketcap. Would like to know what I missed from it. And congrats for them who participated in it.
There are so many airdrop coins around that it is difficult to keep track of all of them. Don't feel bad that you missed this one. In most cases, you get pennies and it is not worth it to divulge personal information. |
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How criminals that are getting big funds from bitcoin hide their tracks from FBI Police etc...
fro exmale: ransomwarehow they hide milions of dollars from being detected
i know that bitcoin save history on every transction and can easily trace ... all transaction history... ??
somebody smart know here ?
Until Bitmixer was around, that was the go to place to mix your coins. There are still some other operators around who will mix your coins, but you have to trust them. There is a reason why ransomware ask for payments in Bitcoin. |
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Catalonia trying to break away is much lower in magnitude compared to Brexit. Even Brexit didn't cause a bull run in Bitcoin. So I don't know why this disruption (if at all it happens) should help Bitcoin reach $6000+.
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Would this necessarily be a good thing? Goldman has the capability to really pump the market, but they would only be interested in profits.
Tomorrow, if they exit and the market crashes, a lot of people will be unhappy.
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Its tough to imagine how this CEO feels he has the right to fire an employee that trades in BTC while on their own personal time. I am encouraged by how robustly the Japanese scenario is going. China will end up with regrets as well. In the long run we need all the big countries in the BTC mining game, and to be supportive of the operators (within their borders) willing to launch enterprises.
It all boils down to the contract you sign when you take up the job. The Wall Street firms typically make sure that they own every piece of you. And if they say that you can't buy bitcoins, then you can't. |
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