ChartBuddy
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Activity: 2156
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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November 25, 2015, 04:01:20 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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marcus_of_augustus
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Activity: 3920
Merit: 2348
Eadem mutata resurgo
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November 25, 2015, 04:04:06 AM |
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3500 new bitcorns being created every day. Who's gonna buy this shit over the next few months at $300+?
People who need to move money around the world cheaply, or outside the banks, governments and other 3rd party controls. Ok, so bitcoin is useful for moving money. That doesn't answer my question of how it will support the current price and absorb 3500 new coins/day for the next 8 months. your neurons don't do connections that easily do they? |
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chesthing
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Activity: 1414
Merit: 1000
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November 25, 2015, 04:05:35 AM |
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3500 new bitcorns being created every day. Who's gonna buy this shit over the next few months at $300+?
People who need to move money around the world cheaply, or outside the banks, governments and other 3rd party controls. Ok, so bitcoin is useful for moving money. That doesn't answer my question of how it will support the current price and absorb 3500 new coins/day for the next 8 months. your neurons don't do connections that easily do they? No, you need to help me. What's different from the entire year price at $230 avg and now? If you say the halving, which is 8 months away, you need a kick in the balls for being so stupid. It's too far away. |
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marcus_of_augustus
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Activity: 3920
Merit: 2348
Eadem mutata resurgo
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November 25, 2015, 04:09:37 AM |
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No, you need to help me. What's different from the entire year price at $230 avg and now?
... about $90? 20k or more TX per day and probably a few million more users and HODLers ... duh, it's the network effect stupid. Bitcoin has insane monetary inflation and yet the price keeps going up year-on-year, do the math you dimwit. |
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chesthing
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Activity: 1414
Merit: 1000
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November 25, 2015, 04:11:32 AM |
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No, you need to help me. What's different from the entire year price at $230 avg and now?
... about $90? 20k or more TX per day and probably a few million more users and HODLers ... duh, it's the network effect stupid. Bitcoin has insane monetary inflation and yet the price keeps going up year-on-year, do the math you dimwit. According to my math, it's gone down HUGE over the last 2 years. Dimwit. |
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DaRude
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Activity: 2778
Merit: 1791
In order to dump coins one must have coins
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November 25, 2015, 04:46:23 AM |
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3500 new bitcorns being created every day. Who's gonna buy this shit over the next few months at $300+? I'm gonna sit on the sidelines and watch for awhile.
Maybe same people who've been buying them for past few years  Ah, so those who bought these coins at pennies are now buying them at $300+. Thanks Einstein, I get it now. BTC didn't cost pennies for over few years now. How often do you experience this time loss?? Perhaps a visit to a doc is in order? |
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Richy_T
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Activity: 2422
Merit: 2113
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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November 25, 2015, 04:47:03 AM |
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According to my math, it's gone down HUGE over the last 2 years. Dimwit.
You've been waiting months to be able to say that. |
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ChartBuddy
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Activity: 2156
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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November 25, 2015, 05:01:38 AM |
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ChartBuddy
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Activity: 2156
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November 25, 2015, 06:01:19 AM |
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JayJuanGee
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Activity: 3696
Merit: 10180
Self-Custody is a right. Say no to"Non-custodial"
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November 25, 2015, 06:19:56 AM |
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For what reason do they need to charge for such a card?
Call me a cheapskate, but I think that I will wait it out until either such issuance is free to me or there is some tangible (and/or financial) benefit that would cause me to earn back such $10 within a reasonable period of time.
Issuing and sending a card to you isn't completely free for them. This card is cheap compared to Bitstamp, Xapo or Bit-x. >Bitcoin lets you be your own bank, thus avoiding exorbitant fees charged by middlemen such as CC companies. >Coinbase CC is the most reasonably priced of all the grossly overpriced preloaded bitcoin CC. Bitcoin Visa doesn't charge hidden fees Visa typically charges retailers. This allows you to get ~5% discount, whenever and wherever you use it. Not 100% sure, but would make sense. Please correct me if wrong. At this time, seems to be the most logical solution.... If I were to receive a 5% discount or any other meaningful amount, then surely that could cause me to pay for such card under the belief that the card will pay for itself. Use fiat and get 5% cash back on all your purchases! |
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JayJuanGee
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Activity: 3696
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Self-Custody is a right. Say no to"Non-custodial"
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November 25, 2015, 06:36:24 AM |
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Bitcoin Visa doesn't charge hidden fees Visa typically charges retailers. This allows you to get ~5% discount, whenever and wherever you use it. Not 100% sure, but would make sense. Please correct me if wrong.
That doesn't sound correct. I believe Visa is a standard charge for merchants. Remember you're transacting in fiat, not Bitcoin. I believe the card issuer gets the kickback (hence why every entity you associate with wants to get you to sign up for a CC) so it looks like they might be double dipping. Which considering the low volume may not be that big of a deal. I believe that was part of the motivation of my concern in the first place, and in essence I was wondering why I should pay an initiation fee (unless I am desparate) when the card issuer is already likely making pretty decent money from the various fees paid by the merchant. |
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ChartBuddy
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Activity: 2156
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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November 25, 2015, 07:01:12 AM |
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aztecminer
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Activity: 1092
Merit: 1000
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November 25, 2015, 07:46:37 AM |
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 more of the same bitchcoin gimping along as usual . |
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ChartBuddy
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Activity: 2156
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November 25, 2015, 08:01:23 AM |
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ghandi
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November 25, 2015, 08:07:08 AM |
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Waiting patiently for the big sell off to come...
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aztecminer
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Activity: 1092
Merit: 1000
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November 25, 2015, 08:13:24 AM |
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Waiting patiently for the big sell off to come...
maybe if it stays at 320 long enough we will suddenly all buy more. |
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Fatman3001
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Activity: 1526
Merit: 1013
Make Bitcoin glow with ENIAC
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November 25, 2015, 08:41:23 AM |
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I dreamt that I checked the price and it was down to $313. I missed by 3$.
This place isn't good for me.
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Dotto
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Activity: 981
Merit: 1005
No maps for these territories
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November 25, 2015, 08:54:06 AM |
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Price is depressing on a depressing volume. The 48 results of the poll are depressing, and this time it seems Im going to be correct: voted 315.
Depressing winter is coming.
I love the wild volatility days. I miss the sun. I hate turn me into bearmyself mode. Im a permabull in the inside, wounded.
Fuck it, post some trains, choo choo mofos
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ChartBuddy
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Activity: 2156
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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November 25, 2015, 09:01:18 AM |
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Fatman3001
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Activity: 1526
Merit: 1013
Make Bitcoin glow with ENIAC
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November 25, 2015, 09:11:46 AM |
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Fuck it, post some trains, choo choo mofos
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Poll
