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AdopterOfCoin
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October 28, 2015, 07:37:32 PM
 #21

Bitcoin has all to be the coin to we pay online ,with openbazar near to be open i hope it explodes and brings the new investors and new interest into bitcoin.

Is openbazar bitcoin only? If it is bitcoin only, it cannot survive easily initially. If it is not, then it will be another ebay.
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Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
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Amph
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October 28, 2015, 07:39:47 PM
 #22

Bitcoin has all to be the coin to we pay online ,with openbazar near to be open i hope it explodes and brings the new investors and new interest into bitcoin.

Is openbazar bitcoin only? If it is bitcoin only, it cannot survive easily initially. If it is not, then it will be another ebay.

no there is a version, which is work in progress, that work with monero also, i think it's called free bazar, check for it
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October 28, 2015, 07:58:21 PM
 #23

Bitcoin has all to be the coin to we pay online ,with openbazar near to be open i hope it explodes and brings the new investors and new interest into bitcoin.

Is openbazar bitcoin only? If it is bitcoin only, it cannot survive easily initially. If it is not, then it will be another ebay.

Yes it's Bitcoin only. Or crypto only if the Monero part is right. Why do you think it can't survive?
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October 28, 2015, 08:01:08 PM
 #24

Do you think that who now have 10 or 100 BTC can became "milionare" in the future?
Even today if someone has 100 btc,he is millionaire in most parts of the world

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October 28, 2015, 08:30:22 PM
 #25

In a period of crysis like now in Italy, what can help BTC?

Like I have suggested some Mediterranean friends, put a certain % of your pay into bitcoin. Please, over 1 million people can't be wrong who use and understand bitcoin and the power that comes with it and what it will be able to do in the future.

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October 28, 2015, 09:49:00 PM
 #26

In a period of crysis like now in Italy, what can help BTC?

Like I have suggested some Mediterranean friends, put a certain % of your pay into bitcoin. Please, over 1 million people can't be wrong who use and understand bitcoin and the power that comes with it and what it will be able to do in the future.

Maybe it is a good idea to ask our friends to buy 1 bitcoin each. There will not be more than 21 million people having more than 1 bitcoin. We could be the world's top 21 million rich person.
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October 29, 2015, 05:21:48 PM
 #27

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Maybe it is a good idea to ask our friends to buy 1 bitcoin each. There will not be more than 21 million people having more than 1 bitcoin. We could be the world's top 21 million rich person.

I've always advocated that especially when btc was under $250. A small investment that *could* reap a fortune in years to come.

I know the idea is to get btc used as a mainstream currency but in the interim putting away one single bitcoin is a good idea. If it never becomes a viable currency it could very well remain a tremendous store of wealth.

" If you have to spam and shout to justify your existence then you are a shit coin."  TaunSew
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October 29, 2015, 05:31:36 PM
 #28

Quote
Maybe it is a good idea to ask our friends to buy 1 bitcoin each. There will not be more than 21 million people having more than 1 bitcoin. We could be the world's top 21 million rich person.

I've always advocated that especially when btc was under $250. A small investment that *could* reap a fortune in years to come.

I know the idea is to get btc used as a mainstream currency but in the interim putting away one single bitcoin is a good idea. If it never becomes a viable currency it could very well remain a tremendous store of wealth.

BTC is divisible very easily. To send 1$ or 1000$ or more in BTC does not make much difference. To move 1$ in the real world is easy, 1000$ so and so but try to move 100000$ and see what happens.

We often see this huge transaction of more than a thousand dollar moving on the blockchain.

I don't know if it is just me but I am still amazed by this fact.

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Betwrong
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October 29, 2015, 05:47:27 PM
 #29

Quote
Maybe it is a good idea to ask our friends to buy 1 bitcoin each. There will not be more than 21 million people having more than 1 bitcoin. We could be the world's top 21 million rich person.

I've always advocated that especially when btc was under $250. A small investment that *could* reap a fortune in years to come.

I know the idea is to get btc used as a mainstream currency but in the interim putting away one single bitcoin is a good idea. If it never becomes a viable currency it could very well remain a tremendous store of wealth.

BTC is divisible very easily. To send 1$ or 1000$ or more in BTC does not make much difference. To move 1$ in the real world is easy, 1000$ so and so but try to move 100000$ and see what happens.

We often see this huge transaction of more than a thousand dollar moving on the blockchain.

I don't know if it is just me but I am still amazed by this fact.

Yeah, me too. I think they go from some exchange or something, but still it's amazing. Just now I saw 95 BTC transaction on the blockchain and 30 seconds later this:

https://blockchain.info/tx/e2647c81062111fddfbcdb849259eef7dfbd2d0217a2d0383131a7d7cf98e26b

Amazing really )

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traderbit
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October 29, 2015, 05:51:51 PM
 #30

So guys, in a world where the 10% of total transaction are with BTC, what is the advantages for a normal family? What this kind of money can solve? In particular, if some rich don't spend BTC to increase the value and less BTC are spent, how can deflating happen?

Particular, which CONCRETE advantages can the people get from BTC?

Thank you.

I would not say that the percentage is 10%.
That is simple to much, anyway bitcoin is really hard to replace dollar.
Dollar is maintained by other institutions and bitcoin mostly nobody(community)

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October 29, 2015, 07:28:21 PM
 #31

Do you think that who now have 10 or 100 BTC can became "milionare" in the future?
Even today if someone has 100 btc,he is millionaire in most parts of the world

being millionary in a country where you cna be rich with only 30k isn't something to be proud about, the country would be so poor that there won't be much to buy
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October 29, 2015, 07:52:14 PM
 #32

not controlled by someone comparing to dollar.

If no one will give not dollars in front of Bitcoin, the price of Bitcoin will result 0,
and there are many ways to control exchange markets or putting posess of Bitcoin illegal.

The free market will always trump the PTB.  Their systems of control are failing. 

I'm not so sure about that 'always'.
Imagine a world where bitcoin, assange and snowden were delayed 10 years.
We'd have 100% surveillance, 100% money control, 100% government control by corporates and very powerful computers monitoring it all.

I think we might have just squeaked in; we might be able to mount defenses quickly enough with our new tools and return to 'free'.
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October 29, 2015, 08:17:25 PM
 #33

The total debt of the USA is about 20 trillion dollars. That's a ton of debt per citizen. With Bitcoin you know that you will never be under heavy debt for life, where your money isn't really yours because it's on a bank that may steal it from you. You know you aren't funding wars by supporting a goverment issued currency with secret agendas. You don't need to pay ridiculous fee for worldwide payments. More privacy..


Wow, I had not seen it that way. Really revealing and eye opening.

Thanks for sharing

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October 30, 2015, 12:46:43 AM
 #34

The total debt of the USA is about 20 trillion dollars. That's a ton of debt per citizen. With Bitcoin you know that you will never be under heavy debt for life, where your money isn't really yours because it's on a bank that may steal it from you. You know you aren't funding wars by supporting a goverment issued currency with secret agendas. You don't need to pay ridiculous fee for worldwide payments. More privacy..

Of course that everyday people don't have any problems paying a credit card or whatever, but think long term. Once goverment starts their total control of money plans, they will look for alternatives. Cash will be dead in the next decade.

Make a fractional bitcoin debit system is possible too. May be something legal or some insolvent exchange. The system will do it with BTC one way or another

But with BTC there will be no workaround, when people demand their money the system will collapse, unlike fiat, that you can print more or give more credit

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October 30, 2015, 01:21:24 AM
 #35

The total debt of the USA is about 20 trillion dollars. That's a ton of debt per citizen. With Bitcoin you know that you will never be under heavy debt for life, where your money isn't really yours because it's on a bank that may steal it from you. You know you aren't funding wars by supporting a goverment issued currency with secret agendas. You don't need to pay ridiculous fee for worldwide payments. More privacy..

Of course that everyday people don't have any problems paying a credit card or whatever, but think long term. Once goverment starts their total control of money plans, they will look for alternatives. Cash will be dead in the next decade.

Make a fractional bitcoin debit system is possible too. May be something legal or some insolvent exchange. The system will do it with BTC one way or another

But with BTC there will be no workaround, when people demand their money the system will collapse, unlike fiat, that you can print more or give more credit

What? are you suggesting that people will run out of Bitcoin? That's nonsense. You are forgetting that the entire Bitcoin economy could run in 1 BTC only. We can make it divisible, as much we like. Bitcoin will always be liquid and the more people that come the better. It will just mean 1 BTC will be 1 million dollars or more, we'll have less volatility because it will be harder to manipulate the market. There will always be a constant flow of Bitcoin.

In any case sidechains will allow for anything to be possible.
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October 30, 2015, 09:21:28 AM
 #36

Well with BTC is cheaper to transfer to other country. If you do with normal money than it cost 5 or 10 dollars.
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October 30, 2015, 09:35:31 AM
 #37

Well with BTC is cheaper to transfer to other country. If you do with normal money than it cost 5 or 10 dollars.
Agree if we talk about fee but if we talk about investment dollar is would be safe than bitcoin because dollar is strong to many currency
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October 30, 2015, 12:32:05 PM
 #38

Well with BTC is cheaper to transfer to other country. If you do with normal money than it cost 5 or 10 dollars.
Agree if we talk about fee but if we talk about investment dollar is would be safe than bitcoin because dollar is strong to many currency

Even for investment i think that bitcoin is stronger.
I think that dollar loose its value by 2% every year.
Because of the inflation that happens to fiat money.

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October 30, 2015, 12:59:31 PM
 #39

BTC = USD - it is the same, please  Cheesy
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October 30, 2015, 01:00:56 PM
 #40

BTC = USD - it is the same, please  Cheesy

Why do you think it is the same, same on what.
Bitcoin is a digital (virtual) currency and dollar is physical and digital currency too.
Also bitcoin is a platform itself, it is all open, and all transaction are visible to the public.

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