Posternut (OP)
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Activity: 79
Merit: 10
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November 08, 2015, 11:41:26 AM |
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According to NIST and ECRYPT II, the cryptographic algorithms used in
Bitcoin are expected to be strong until at least 2030. (After that, it
will not be too difficult to transition to different algorithms.)
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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anthonycamp
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November 08, 2015, 11:45:41 AM |
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the percentage of investment into BTC its just the 25% of its BTC tottal coins value it needs a bit more cause 12.000.000 coins at 390$ worth like 4 billion overall in my opinion
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Miracal
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November 08, 2015, 11:59:02 AM |
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Wow! that is what i'm talking about. Let us hope the trend continues and we see a whole lot more investing in the near future. Will help a lot before the halving you see. |
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Denker
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Activity: 1442
Merit: 1014
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November 08, 2015, 12:07:52 PM |
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So this is $1 Billion in total in addition with last year right?
To be honest I'm not that much interested in these so called Blockchchain only investments as they have mostly nothing to do with the decentralized and permissionless aspect of Bitcoin.
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mixan
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TRUMP IS DOING THE BEST! MAKE AMERICA GREAT AGAIN!
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November 08, 2015, 12:12:04 PM |
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So this is $1 Billion in total in addition with last year right?
To be honest I'm not that much interested in these so called Blockchchain only investments as they have mostly nothing to do with the decentralized and permissionless aspect of Bitcoin.
Yes that is in total. Blockchain technology will take the spotlight away from BTC. What can be done with it is astronomical and is surely worth more than a billion. Possibility is only limited to one's mind of what it could be used for. |
The parasite hates three things: free markets, free will, and free men.
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unamis76
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Activity: 1512
Merit: 1005
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November 08, 2015, 12:15:10 PM |
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This is what ultimately will drive the price... Big players investing strong on infrastructure and services using the blockchain. Good news voerall  |
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bri912678
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November 08, 2015, 12:19:56 PM
Last edit: November 08, 2015, 03:27:43 PM by bri912678 |
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I couldn't find any mention of the money miners spend buying mining equipment in that story. Does that total figure exclude the miner's investment in equipment because the figure would be far above $1 Billion if it does? The miners have to spend a large percentage of the money they earn on new equipment, and they collectively earn over a million Bitcoins a year.
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QuestionAuthority
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Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
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November 08, 2015, 12:47:37 PM |
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Amount invested is meaningless in determining the validity of an investment. Bernie Madoff cost his investors $20 billion. Washington Mutual lost 300 billion investor dollars. Enron shareholders lost their retirement, their jobs and $74 billion. The great telecommunication success story MCI WorldCom had proud investors that were screwed out of $11 billion. If you thought the sock puppet below was cute and invested in that company you're one of the dot.com losers that saw $5 TRILLION dollars in losses.  There's a sucker investor born every minute. ~ P.T. Barnum |
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Crypt0Ninja
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Bitcoin Investor & Programmer
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November 08, 2015, 01:00:17 PM |
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This is not un-expected IMO. Bitcoin is spreading incredibly. Soon should take over the world.
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Investing in Bitcoin since 2010.
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Battareus
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November 08, 2015, 01:39:49 PM |
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Can we expect now a gradual growth and drawdowns in the 200+ can not be as I understand it? This flat scares me how it will end?
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Kprawn
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Merit: 1073
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November 08, 2015, 02:25:31 PM |
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A clear distinction should be made from now on wards, on what is invested in Bitcoin tech and what is invested in Blockchain type technologies. The Blockchain based private networks, do not towards the Bitcoin investment category. If we count them in, we are not fooling anyone. There are massive differences between the Bitcoin Blockchain and these other ripoff attempts at private ledgers.  |
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Timeline
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Merit: 1000
TokenHouse decentralized cryptocurrency exchange
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November 08, 2015, 02:27:32 PM |
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It will be interesting to see what the sum invested in blockchain technologies will be in 5 years from now.
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Amph
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November 08, 2015, 03:03:00 PM |
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the percentage of investment into BTC its just the 25% of its BTC tottal coins value it needs a bit more cause 12.000.000 coins at 390$ worth like 4 billion overall in my opinion
no it's more like 18%, we are near the 6B market cap with the current price per coin |
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gambit1
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November 08, 2015, 03:07:39 PM |
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Amount invested is meaningless in determining the validity of an investment. Bernie Madoff cost his investors $20 billion. Washington Mutual lost 300 billion investor dollars. Enron shareholders lost their retirement, their jobs and $74 billion. The great telecommunication success story MCI WorldCom had proud investors that were screwed out of $11 billion. If you thought the sock puppet below was cute and invested in that company you're one of the dot.com losers that saw $5 TRILLION dollars in losses. There's a sucker investor born every minute. ~ P.T. Barnum Lets not forget the Iraq War into which the US government sunk a cool $3 trillion. Money well spent that. Large investment into bitcoin is a good thing, it doesn't matter if the investments are good it shows interest. It means bitcoin startups will probably have access to the capital they need. It is good indicator for the community. |
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TastyChillySauce00
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Leading Crypto Sports Betting & Casino Platform
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November 08, 2015, 03:23:31 PM |
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This is not un-expected IMO. Bitcoin is spreading incredibly. Soon should take over the world.
i dont know what will happen for the next 5 years , but bitcoin will not take over the world (IMPOSSIBLE) |
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mianchaodahai
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November 08, 2015, 04:25:55 PM |
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AltcoinInvestor
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November 08, 2015, 07:27:00 PM |
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I am only worried that corporations are only interested in blockchain technology but not bitcoin or cryptocurrencies.
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NorrisK
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November 08, 2015, 08:49:05 PM |
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I am only worried that corporations are only interested in blockchain technology but not bitcoin or cryptocurrencies.
It goes hand in hand. Any development or services running on blockchain can also be implemented in the bitcoin blockchain, which is already fully up and running with a large userbase. It only helps the current devs to get more useful stuff out at a fast rate. |
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eternalgloom
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November 08, 2015, 08:52:12 PM |
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I am only worried that corporations are only interested in blockchain technology but not bitcoin or cryptocurrencies.
It goes hand in hand. Any development or services running on blockchain can also be implemented in the bitcoin blockchain, which is already fully up and running with a large userbase. It only helps the current devs to get more useful stuff out at a fast rate. Indeed, and most news surrounding innovations regarding blockchain also mention Bitcoin, which is always good promotion. |
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QuestionAuthority
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Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
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November 08, 2015, 08:53:54 PM |
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Amount invested is meaningless in determining the validity of an investment. Bernie Madoff cost his investors $20 billion. Washington Mutual lost 300 billion investor dollars. Enron shareholders lost their retirement, their jobs and $74 billion. The great telecommunication success story MCI WorldCom had proud investors that were screwed out of $11 billion. If you thought the sock puppet below was cute and invested in that company you're one of the dot.com losers that saw $5 TRILLION dollars in losses. There's a sucker investor born every minute. ~ P.T. Barnum Lets not forget the Iraq War into which the US government sunk a cool $3 trillion. Money well spent that. Large investment into bitcoin is a good thing, it doesn't matter if the investments are good it shows interest. It means bitcoin startups will probably have access to the capital they need. It is good indicator for the community. Strawman, private investors don't fund wars. Of course private investors have capital. They've lost a ton of it in the past. Private investments in Bitcoin so far have included BitInstant and pirates ponzi. |
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