Post
Topic
Board Speculation
Re: Lose all your capital fast, with MatTheCat and his TA 101A!
by
r0ach
on 04/07/2016, 22:22:39 UTC
my last BTC transaction required over 3 hours to confirm

You missed the post where I explained why that is your fault and not Bitcoin's fault.  The system works perfectly fine, you just didn't use it correctly.  There is a blind auction to get included in a block; if you bid too low or go zero fee transaction and it gets stuck, you have to use RBF to get it out.  You have to use external sites to determine what the market rate of fees is at the time because centralized websites can't really be included in the client itself:

https://bitcointalk.org/index.php?topic=1442399.msg15449230#msg15449230

Long term holder of precious metals

The silver 20y chart looks identical to the Bitcoin pre and post-MtGox chart.  You can get taken to the cleaners in metals, Bitcoin, or stocks.  The current bull run potential of gold is something like $5000-$10,00, silver $200-500, and Bitcoin is probably $4000ish for the next couple years.  I think Bitcoin doubling is more likely than gold doubling because gold really does seem to need some type of black swan event to do something like that, and Bitcoin can do so without it.  Silver might be able to double without a black swan by returning closer to it's historical 1/16 ratio or whatever it was.