is up the only way for now...?
we are witnessing a never before seen on Earth - type of event..a new all accountability system that is being started and setup.
the ultimate good capitalism dominance that bankers will never grasp the idea and perish. BTC
bitcoin has no real market to bid,
-no HFC
-no players with endless pockets to outbid everybody else
Bitcoin is the Great Equalizer in access to markets and when people will realize this then the real revolution will start!
You sound a little like an evil genius in this post! Regardless, there is always a chance that we will go down. There is no saying that the only way is up. Most likely, after the fork, we will see our first down turn as people dump the new coin for bitcoin. I know you're lost in your idealism and hopes for bitcoin being the best currency in the world, but there is a large likelihood that we will see drops towards the end of this year. After that, maybe your predictions will come true. I totally agree with your post mate. there is always that chance that the price will go down, its the question on when will It happened, most of us predicted that it may come after the 2x, when everything is cleared, people will dump it to buy more bitcoins so that is a correction in my opinion. We need more idealist person like him.  . This is how bitcoin was built by Satoshi so I must say the Satoshi himself is idealist and a genius. No need for a third party like banks to meddle with us. Its us and our money, total control of it. Why only banks? What state is better? I believe the state of the same third party which has nothing to do in the world of bitcoin. I am surprised that many users support government regulation of the use of bitcoin. When the team is not unity this is very bad. It seems to me that all the troubles from this and we are still under the threat of a split. Therefore, it is impossible to predict what will be of bitcoin in the future and whether it will at all. |
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Quantum computers are good at solving equations with lots of variables.
They are NOT designed to work well with the very simple repeated operations involved in cryptographic work.
I think no one does not know what is good and what is bad quantum computers. We don't have them and they will not soon appear. With the same success you can talk about that in space there are planets which are composed of diamonds. Why mine cryptocurrencies if you can fly to this planet and to bring several tons of diamonds. Better to think about what we can do now to help to make bitcoin better. |
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cant happen somebody stealing 20M bitcoin as clever as the person to steal 20M bitcoin .. satoshi nakamoto who created bitcoin just had said he would not be able to manipulate the mining numbers ...
Gold will always attract people. This is a rare metal and a lot of people want to differ from others. They will wear your gold jewelry for. The material shape distinguishes this metal from bitcoin. How can you steal bitcoins 20m if they will be released the 21st? It is unreal. If you want you can find any coin. I think to ever be created by the developers of cyber police who will make stealing coins is impossible. |
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I think that next year will not be the easiest to bitcoins. If in November all goes well we will see in the early years of the war miners and developers. I am sure that situation will take advantage of the whales and will certainly try to undermine the situation on the market. This may reduce the inflow of capital into bitcoin and in the beginning of the year we will see a decline in prices. Stable growth will start only in March.
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The Middle East has always been a problematic area for the world. Unfortunately, they control the oil reserves. Authoritarian governments (who fill the Middle East) definitely would not like Bitcoin, as it cannot be controlled by their military might. I expect a lot more dissidents in such regions to start using Bitcoin
Control of oil has rendered them a disservice. After humanity will stop using oil as fuel, they can remain without a livelihood. The higher the oil price the better to use alternative technologies. It is possible that the low cost of energy will remain the only way of generating income is active in the mining business. |
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There are many projects which are scams but uses Fiat. You can not effectively fight it. I like to think that the dollar is the same fraudulent ICO and many others. But the us government has a significant impact and therefore the pyramid is still alive. We may face the same problems. regulation the ICO will not give you a chance 100% to be sure that you are protected from fraud.
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In fact, there are many large companies in the world accepting Bitcoin payments such as subway, microsoft, Expedia, ... and many other large corporations in the world. I think the biggest problem they have is that the price of the currency is unstable so investing and hoarding a lot of money can cause them to lose money. Besides, there is not any information that proves the source of money as well as the troublesome payment is also an important issue that they need to address.
When they say that metro accepts payment in bitcoin this is an exaggeration. If you mean a well-known supermarket chain in my city the metro does not accept bitcoins. They only take Fiat. With Microsoft the same situation. You may have seen on the website that opportunity but I didn't see it and don't know a single person who would have bought anything in well-known companies with bitcoin. I think it's a myth. |
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not sure if this news right or wrong but Generally all this news tell government can’t stop bitcoin so that will try to make it under possible control.so all this good news that BTC will be semi legal . so Why Crypto Detective Agency is started because bitcoin start to take real effect
You should read all the comments before replying. It is nothing about bitcoin and its effects, but it is about all the new cryptocurrencies that are being or will be announced in future in Russia. They are making this Agency so that they can filter the ICOs that will be announced in Russia and make sure they are not fake and willing to run a legit service. It is proposed for the only purpose of protecting ICO investors from frauds and scams that keep popping up everyday in cryptocurrency world. The initiative really sounds great so far, but, we still need to wait and let it be launched and be functional, and then we can see the real effect of it in the country. Lol! in Russia there is the police, but instead of fighting crime they fight against dissent. They are engaged in that people are being arrested at rallies. I'm sure that the main objective of these investigators is to find who uses cryptocurrencies and their arrest. Russian under the existing government will never have freedom. But it seems to me that they do not want. Why the slaves freedom? |
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It seems to me that legalization of bitcoin this will be the beginning of its end. For a start, the government will impose big tax but will collect a database on all users. When the government is ready it will inflict the final blow. For example, impose a tax of 80-90%. And then it will be difficult to resist them. I will never believe that the government is interested in the legalization of bitcoin. We need to resist now. Bitcoin is public property and the state should not have any impact in this area.
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The more you will develop computer technology the more difficult code bitcoin. The difficulty can always be adjusted. Miners will always have the opportunity to confirm the transaction. I think it is wrong because bitcoin becomes dependent on clan of miners. It seems to me that bitcoin would be more independent if to confirm transaction to all users. The price of bitcoin will never be equal to zero if he will be in demand.
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I disagree with you. Bitcoin contains some flaws. They constantly need to be corrected. The high price of bitcoin to many users dazzles the eyes. There is nothing thorough. Bitcoin is no exception. It can hardly be called a king. Let's see how this year's forks. The king which leaves the Suite. Lol. |
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I just withdrew some Bitcoin from Bittrex and noticed they still have the same withdraw fee they had like months ago. Shouldn't they adjust their fee to the BTC price?
I mean paying more than 7$ for withdrawing your Bitcoin ist just ridiculous or am I the only one who thinks this is robbery.
I have to work almost a hour for 7$ not imagining people from india working 2 days for that amount. Maybe it's true bitcoin is only for the rich.
While bitcoin price is increasing, the value of fees will increase too. BTC0.001 satoshis in the past doesn't have the same value today. That's how exchanges works and we have no choice but to deal with that unless you can find a good exchange that will qualified to your standards in terms of fees. That's why it's recommended to avoid doing micro transaction to save fees. It seems to me that this is wrong. By doing so, the miners support the use of Fiat. Users are forced to collect large sums and bring them to the Bank card. After that, all purchases are made in Fiat. This has a negative impact on the development of trade with bitcoin and as a consequence inhibits the proliferation of bitcoin. |
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you ever plan to make an analysis again on LTC?
Where do you see this coin longterm? BTC/LTC was 0.02 not long ago, and now it's in 0.008~.
As i understand , everything becomes more clearer after November.
When bitcoin rises in price then all the altcoins are getting cheaper. This is not surprising. It is a pattern. If after November the price stabiliziruemost that altcoins also begin to catch up in price. Now many people are buying bitcoins, but it seems to me that it is not correct. Now we need to pay more attention to altcoins. |
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It seems to me that segwit2x is a logical upgrade bitcoin. Don't understand what the problem is. The greed of miners? But increasing consumption of electricity is also not in their interest. I think that the developers had to solve the problem otherwise. At first, it was necessary to return the ability to provide transactions to the weak capacities of the users and only then to change the block size. Then the miners would be tractable and would go on concessions.
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Many people still says Bitcoin is a bubble and it is still not popping yet, maybe there are true and maybe not but one thing is for sure now, I don't see any reason for the Bitcoin's price to go down as of now because it just finished the Hard Fork of Bitcoin Gold and the people are getting used to the upgrades of the splitting of it and the fraudsters that is saying too much hate on Bitcoin is just a normal days for the investors to deal with so Bitcoin will still continue to grow and at the same time it getting stronger day by day.
You know why the price after the fork is always growing? I don't understand. If you have a piece of gold and he separated a small piece of the whole piece should cost less. This is evidenced logic. Why not your piece is worth more than bitcoin? You say that it is a pattern but I can't give a logical explanation for this phenomenon. That's why bitcoin is not predictable and we never know when it will burst unless it bubble. |
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Bitcoin is used in dark web which means that it is being used to buy illegal things such as ammunitions, drugs etc.I personally don't use Bitcoin to buy such things but there are some people who are using this anonymity feature provided by bitcoin in a wrong way. Bitcoin transactions are anonymous i.e. identity of the people involved in transaction remains hidden and government is not able to track them.Due to this feature they feel more free to use Bitcoin for these illegal buying.
If you are not used bitcoin to purchase illegal goods how can you claim that this is possible? I think it's just a rumor. Fiat are much easier and anonymous than bitcoin. If you don't believe me you can try to buy bitcoin for example drugs. You will see how soon the cops will be knocking on your door. Bitcoin anonymity is a myth. All transactions leave their traces on the Internet and it is not difficult to find you. |
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bitcoin is not a bubble.
but it has a lot of bubbles that burst and correct in time. the thing is, we should look at bubbles in bitcoin in a different way. they are not always a huge thing that needs to burst and drop to an extremely low price. a bubble can be small too and the correction of it also will be small.
people who talk about bitcoin bubbles, always forget the big drops that bitcoin had so far. they are right there on the charts! each big dip which looks like a valley.
You are too optimistic. If you use the logic that bitcoin is very similar to bubble. The idea of bitcoin is very good, but the users themselves are to blame for that turns him in a bubble. As an investment bitcoin is not intended now. he is growing too fast in price. Business needs cheap and long money. As currency bitcoin is also not suitable because users are reluctant to part with their coins and try to protect them. The price is very high for small transactions also does not develop bitcoin as a currency. |
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Such topics are constantly emerging, not only on forum but in all the media. Nobody can provide this proof. The fact that there are some cases when the small drug dealers asking for the goods payment in bitcoins or hackers ask for a ransom in bitcoins. It's all a very small number compared to the illegal trafficking of Fiat currency. I am sure that it will not change public opinion about bitcoin.
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The current status of bitcoin in several countries is "not defined " whereas in few countries bitcoin is "legal " and in some it is "illegal".
Till we don't have a clear idea about the "legality" of bitcoin in our respective countries there is no fear in continuing using it . I hope it gets legalized in every country.
My country already aware of bitcoin and they decide to forbid my people to use bitcoin as main transaction. Luckily my government still not make any policy yet against bitcoin so I can still use bitcoin without breaking any law and without paying any tax of course ! Where are you from? I am from Serbia and I suppose our politics will follow the same way about bitcoin. But for now I didn't even here any concrete position of our government towards bitcoin and crypto generally. Meanwhile we have two bitcoin ATMs in the capital and there are a lot of people who use bitcoin. I think that Serbia will go the way of Russia. There has long been a government under the control of the Russians. I was in Serbia and I really love this country. There are very friendly people. The governments of different countries United by one goal. They fear the spread of bitcoin. They are not ready to govern the country in the uncontrolled mode of the financial system. Even if it helps to attract investments to the country. |
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Almost every country has unemployment problems. There are many young boys who are working unemployed. But the days of settling their turn are over. Now, if you wish, you can earn a lot of money sitting in the house. Bitcoin can earn their unemployment by earning. It can be possible to improve the country by improving their lives by earning bitcoin. That is why Bitcoin among all Habetahale to spread the knowledge of the second day will increase the demand for Bitcoin.
Nowadays bitcoin becomes alternative solutions for unemployed people to get income. Job vacancies is hard for some people and the competition on it is so difficult. that's why bitcoin will be the solution of this case. their income in form of bitcoin will always profitable if they hold it for long terms. I do not believe that the market of vacancies is difficult to find deals. Another thing that people want more. Bitcoin allows you to receive a salary at the level of developed countries and why it has become a lifeline for residents of poor countries. The job market bitcoin not affected. |
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