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1  Bitcoin / Bitcoin Discussion / Re: btc authority on: October 27, 2016, 11:29:57 AM
Do you think that it will be created a btc regulatory authority in the future or will the blockchain continue to be the only warranty?

I think It will become very regulated in the sense that banks and financial institutions are already developing platforms to use crypto, with that sort of corporate interest comes government laws and regulations. Governments do not what currency they cannot regulate, manipulate and control.
2  Other / Off-topic / Re: How would you invest a substantial amount of Bitcoin? on: October 27, 2016, 08:37:22 AM
If I have 50K USD in Bitcoin, why would I want to sell my Bitcoin? What I am trying to say is that why would I purchase 50K USD worth of Bitcoin in the first place when I do not plan to invest them? One logical answer would be that I mine these Bitcoin during its early days.

Well, if I purchase those Bitcoin I will not invest all of them at once. I will hold a little portion of it and invest the other portion. Probably around 30K USD to create a gambling site (provided my country allows - which is not the case for me) because it is a very profitable niche in the cryptocurrency world. As I said I am not allowed to create gambling site, so my next option will be mining as it is still somewhat profitable. Wait, my country electricity fees is very high, my profit from mining is as low as dust every month ... Then I might consider to hold these Bitcoin and wait for the price to grow.

If I mined those 50K USD worth of Bitcoin then I may exchange a large portion to fiat and then start a mining farm. The left over might go into some small online business such as eShop etc.

Can you make a solid return with a mining farm, like 10%+ return?
3  Other / Off-topic / How would you invest a substantial amount of Bitcoin? on: October 27, 2016, 07:40:56 AM
Say you had as an example 50k usd in bitcoin, how would you invest it in a serious way to grow your wealth long term? Would you hold in coins, P2P lending etc or rather would you cash it and buy company shares or something?
4  Bitcoin / Bitcoin Technical Support / 24hrs+ unconfirmed, can someone please advise. on: October 27, 2016, 12:47:26 AM
Hi Guys,

I have a transaction I sent via my electrum wallet and it's coming up 24hrs unconfirmed, I just let it choose the fee and have never had an issue before, can someone please look at the transaction, does it look like the fee is too low?

I was using an old version of Electrum without the RBF option so I don't know how to resend with a higher fee if that is the issue. I have the new version of Electrum now.
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