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Yes.
I think Bitcoin will hit $100,000. But I have no idea what timescale. Maybe 3 months, maybe 30 decades. If I was a gambling man I would be guessing that it might get there around 2024 and might reach that price at a sustainable level a couple of years later.
I think Bitcoin will hit $100,000. But I have no idea what timescale. Maybe 3 months, maybe 30 decades. If I was a gambling man I would be guessing that it might get there around 2024 and might reach that price at a sustainable level a couple of years later.
I don't think John mcAffe has any more creditability than the imposter Craig wright. Though there could be some people who personally knows satoshi nakamoto like theymos or cobra or some early Bitcoin developers but I highly doubtful satoshi would be in contact with someone like McAfee.
If anyone was aware of the real identity of satoshi, it will not be a big secret by now and the identity would have being exposed a long time back, i am certain that no one knows the real identity of the person behind all this and so is the reason everyone is excited to know when these sort of topics pop up and i will not believe anyone coming out right now without proving that he has the access to the genesis block chain. I doubt McCaffee knows who it is. Most likely (say 30-40% chance) it is the deceased Dave Kleiman. That would explain why Craig Wright is trying to convince people he is Satoshi. Possibly Craig even knows how to access Satoshi's Bitcoins but hasn't done so yet due because he can't get access until some time in the future or without some extra info he doesn't know etc.
However there are other good candidates, and I wouldn't be surprised if someone who was integral in the first few years knows the identity. I do not think they are likely to have told anyone let alone McAfee.
Hi all
I have been using purse.io to purchase amazon goods for a few years now using Bitcoins.
I had an issue with a refund that I needed to do for an fridge freezer that was not the one I wanted a couple of years ago and it took about 6 months to get a refund when the policies changed...
I was trying to log in yesterday to say a parcel had been delivered and to release my Bitcoins to the purchaser, and it won't let me log in...
I login via Facebook this is the message I got:
"App not set up: This app is still in development mode, and you don't have access to it. Switch to a registered test user or ask an app admin for permissions."
I don't think my account has been compromised on my side. My Facebook account has not been hacked and no one would easily be able to link the 2. My user name is totally different from my Purse facebook login and it is all totally unrelated to my real world me (which is only view able by friends and family on Facebook).
Now I know purse.io are a reputable company they gave us all BCash for crying out loud, and I have been using them for years... however they have't responded to any of my contact messages. Any ideas for a solution or a way of contacting purse team?
I have been using purse.io to purchase amazon goods for a few years now using Bitcoins.
I had an issue with a refund that I needed to do for an fridge freezer that was not the one I wanted a couple of years ago and it took about 6 months to get a refund when the policies changed...
I was trying to log in yesterday to say a parcel had been delivered and to release my Bitcoins to the purchaser, and it won't let me log in...
I login via Facebook this is the message I got:
"App not set up: This app is still in development mode, and you don't have access to it. Switch to a registered test user or ask an app admin for permissions."
I don't think my account has been compromised on my side. My Facebook account has not been hacked and no one would easily be able to link the 2. My user name is totally different from my Purse facebook login and it is all totally unrelated to my real world me (which is only view able by friends and family on Facebook).
Now I know purse.io are a reputable company they gave us all BCash for crying out loud, and I have been using them for years... however they have't responded to any of my contact messages. Any ideas for a solution or a way of contacting purse team?
Hi I got some super cheap flights from London to Los Angeles in February £550 for 2 adults a toddler and a baby on black friday.
Only issue is I have no idea what to do in LA for 2 weeks, and where to stay. Happy to stay in 2 or 3 different locations during stay, hoping for warmth, willing to drive upto 3-4 hours between accommodation but no more than 1 hour per day once arrived (preferably 0 hours driving once at accomodation). We usually stay in Airbnbs but preferably want accommodation and attractions that accept Bitcoin. Any ideas?
Not bothered about Disney and the likes as kids will be too small, so one of us would have to entertain 2 of them whilst the other queues solo for half an hour for each ride.
So what I am really after is 1 or 2 friendly walk-able areas with attractions, and maybe a massive resort, within 0-4 hours of LAX. All that accept Bitcoins. But am willing to listen to other suggestions as my holiday plan currently sounds rubbish.
Happy to go to sporting events but would have to be day time as kids go to bed at 7pm.
Only issue is I have no idea what to do in LA for 2 weeks, and where to stay. Happy to stay in 2 or 3 different locations during stay, hoping for warmth, willing to drive upto 3-4 hours between accommodation but no more than 1 hour per day once arrived (preferably 0 hours driving once at accomodation). We usually stay in Airbnbs but preferably want accommodation and attractions that accept Bitcoin. Any ideas?
Not bothered about Disney and the likes as kids will be too small, so one of us would have to entertain 2 of them whilst the other queues solo for half an hour for each ride.
So what I am really after is 1 or 2 friendly walk-able areas with attractions, and maybe a massive resort, within 0-4 hours of LAX. All that accept Bitcoins. But am willing to listen to other suggestions as my holiday plan currently sounds rubbish.
Happy to go to sporting events but would have to be day time as kids go to bed at 7pm.
Up until this year. I would have said 99% certain Bitcoin will be replaced by another crypto but now I am not so sure. Bitcoin main use is a store of value such as gold, and a hedge against some global markets. As such there is very little chance of it getting replaced as a store of wealth /value. Sure other cryptos may be more useful and may start doing a lot more trades but why use them as a store of wealth instead of Bitcoin?
Also I don't think any other fork of Bitcoin has any chance of surpassing Bitcoin as a store of wealth now or in the future. I also think these forks do untold damage to Bitcoin and are the main driver of investors looking to store wealth (not just speculate) to alts.
Also I don't think any other fork of Bitcoin has any chance of surpassing Bitcoin as a store of wealth now or in the future. I also think these forks do untold damage to Bitcoin and are the main driver of investors looking to store wealth (not just speculate) to alts.
Ok so someone gives op 100btc which are now worth $600,000. 6 months for construction is very quick, but 6 months for construction and then being able to pay back 100btc is super quick. What happens if BTC is worth $20,000 each in 6 months? How would you be able to pay back $2m?
I think that this has too much risk. Look at the price of Bitcoin now, then look at the price of Bitcoin 6 months ago or 12 months ago (maybe there is a construction delay) it would not be possible for OP to pay back the full 100 btc any time in the last year as the price has risen too high too quickly.
I think that this has too much risk. Look at the price of Bitcoin now, then look at the price of Bitcoin 6 months ago or 12 months ago (maybe there is a construction delay) it would not be possible for OP to pay back the full 100 btc any time in the last year as the price has risen too high too quickly.
Re: Bitcoin Core developers along with Blockstream are destroying Bitcoin
What you call centralization I do not. I want Bitcoin Core developers to continue to develop Bitcoin. They have done a mighty fine job so far and long may it continue. They are all volunteer developers and any developer who is interested can join Core and develop. Some are paid by Blockstream, more are actually paid by MIT. I don't mind who pays the developers, but I think it helps keep a good continuity to have some really good paid developers. A Bitcoin without the developers that have helped get it this far would be a disaster and surely be the end of Bitcoin in all but name, the price would tank. Core developers have built up trust, no other set of developers have that level of trust yet, hence Bitcoin market cap is way higher than other cryptos.
Hi, I'm a Florida real estate investor. A friend of mine and a fellow investor suggested that I enter this new type of market. So I setup an online purse and try my luck here. I'll be accepting Bitcoin or Ethereum equal to the amount in dollars for any of my properties.
Vacant Lands/ Lots:
302 W Doane Ave, Eustis FL 32726- .17 acre/ 7,344 sq ft @ $19,375
414 Fox Lake Dr Lakeland FL 33809- 0.25 Acres/ 11,020 sqft. @ $17,900
618 Avenue S Northeast, Winter Haven, FL 33881- .17 acre/ 7,405.2 Sq Ft @ $2 7500
731 Pear St, Lakeland, FL 33815 - .11 acres/ 4,620 Sq Ft @ $18,400
1621 Wright Dr, Lakeland FL 33805 - .15 Acre/ 6,534 Sq Ft @ $16,900
Lincoln St, Babson Park FL 33827 - .17 Acres/ 7,405.2 Sq Ft @ $20,000
Lot 64 NW 29th Loop, Jennings, Florida 32053 - 2.3 acres @ $28,900
Move-in Ready, also for Owner Finance:
11300 124th Ave Lot 142, Largo FL 33778- $89,900
Vacant Lands/ Lots:
302 W Doane Ave, Eustis FL 32726- .17 acre/ 7,344 sq ft @ $19,375
414 Fox Lake Dr Lakeland FL 33809- 0.25 Acres/ 11,020 sqft. @ $17,900
618 Avenue S Northeast, Winter Haven, FL 33881- .17 acre/ 7,405.2 Sq Ft @ $2 7500
731 Pear St, Lakeland, FL 33815 - .11 acres/ 4,620 Sq Ft @ $18,400
1621 Wright Dr, Lakeland FL 33805 - .15 Acre/ 6,534 Sq Ft @ $16,900
Lincoln St, Babson Park FL 33827 - .17 Acres/ 7,405.2 Sq Ft @ $20,000
Lot 64 NW 29th Loop, Jennings, Florida 32053 - 2.3 acres @ $28,900
Move-in Ready, also for Owner Finance:
11300 124th Ave Lot 142, Largo FL 33778- $89,900
Hmmm great. PLEASE create links to these properties so we can see more details.
Can bitcoin fall 2000$ before 2018?
I am logical . possible Because it can not control the dump of bitcoin if it comes
But by look at the Most comments bitcointalk.org . No
I am logical . possible Because it can not control the dump of bitcoin if it comes
But by look at the Most comments bitcointalk.org . No
Bitcoin can fall to 0 before 2018 for all we know. It's just highly unlikely. It's like how Bitcoin rising to 100,000 before 2018 is unlikely as well. Essentially, no one can predict what will happen. Bitcoin has seemingly defied odds that many have put on it. For now, however, we do know that we are in a bubble of sorts. There is a rise in btc price due to the upcoming fork. People will be dumping bitcoin gold very quickly. After that rise, there will be a decent correction period.
This is the correct answer but seeing as we are on a speculation thread I will say Bitcoin will hit a high of 9500 this year but will finish the year at 7500. Thus op gets his 2000 drop.
Re: But if China gov say mining is illegal, we are fucked. Haipo Yang ViaBTC CEO
How much do you think the price will drop if tomorrow they say mining's illegal?
Surely this would be positive news. No more Segwit2x fud, no more bcash, no more miners trying to undermind Bitcoin to pump there own alt coin. No more miners trying to get rid of core and spreading fud about bloodstream because they posted a comment on a forum that got deleted by a mod.
Sure the network would slow down in the short term but in the long term this would be very useful for Bitcoin. So im pretty sure it won't happen.
Re: r0ach proven right - Bitcoin market is a Gox-style fraud controlled by Bitfinex
How can btc be controled by Bitfinex if they only have around 10% of the trade volume and MtGox used to have the vast majority of trade volume in the early days(up to 80%)?
I agree with you here. I ready the whole spoofy story and agree that manipulation does take place in Bitcoin trading and has always done so... however I do not think that 1 exchange slavishly follows another especially when the one to follow is Bitfinex. As an example yesterday I sold a couple of Bitcoins on Kraken for £2800 ($3650), coins on all the other £ exchanges sold for around £2650. And are further down today... so no one followed that ath.
I don't see how this is comparable to mtgox in scale or ability to manipulate.
Re: Bitcoin Price Will Go To 1800 - 1900 USD This Summer And Then Go Down
You want to understand what's going on with the price? Read this: https://www.sec.gov/comments/sr-nysearca-2017-06/nysearca201706-1642431-146543.pdf
Im 100% sure the current price has almost nothing to do with the EFT. The price rise could partly be down to:
BitFinex and Chinese exchange withdrawal issues,
Alt coins bubble -> most people get into alt coins by buying Bitcoins first, the price of Bitcoin only goes down when these people cash out into fiat not into another alt coin,
Mass adoption taking place. New large Hodlers in India are coming onto the scene, large speculators in Japan are getting in, and... more people than ever are actually using the coin as currency even though it costs too much and is relatively slow (most of these new users are not in the USA, but South America and South East Asia)
All in? HELL NO, nobody should go all in, regardless of age. Taking higher risks when younger--that's all well and good. But going all-in on anything crypto is a recipe for bankruptcy. I wouldn't even allocate 20% to crypto. You'd have to be crazy to go even half-in, and I say that as a person who likes bitcoin. A lot. It's just way too risky.
As someone who went all in (100% of my portfolio, I still had a 10% of my money to cover unforseen expenses) I can confirm it is crazy, it is risky but weeks of being 90% down are long gone. I started taking out my initial fiat investment every year since and I still have over half my coins.
People should take calculated risks.
I met the Ethbits guys at the cryptofest in Manchester on Friday. They seemed legit and a lot less scammy than any of the other alt coins people there. If im correct they are trying to become the etorro of the crypto exchanges. It sounds a great idea, but I would be focussing on the top 150 currencies not the top 15. (That might be logistically impossible, but 15 is no where near enough and 150 should at least be the aim).
I would also question the teams ability to get enough punters/traders to make the site viable...
However everything else looked good so I will invest all my Ether into them which should see them get a couple of hundred from me.
I would also question the teams ability to get enough punters/traders to make the site viable...
However everything else looked good so I will invest all my Ether into them which should see them get a couple of hundred from me.
I've been slowly collecting bitcoins and went all in on ETC half a year ago, lost 80% of my holdings. I know that I will never be able to recover and most probably I have lost my once-in-a-lifetime chance to get rich this way in crypto, but got a good lesson learned 
It is recoverable, but only trade an alt if you are happy to HODL it long term. ETC was and still is a big no. The community supports ETH and that was known before the fork.
I turned 4 BTC into 4BTC within the past month trading PIVX, and I still have 30,000 PIVX. Im HODLing these as I believe in the currency but I nearly sold them for 30Bitcoin s a week ago. I will review my situation when PIVX reaches $3-5 per coin and probably sell half of them. This may take a year or five but as I wait I can grow my PIVX balance by staking or by running 3 masternodes. Last weekend I gained 64PIVX.
Now I am a Bitcoiner and, will always have the majority of coins im Bitcoin but... if you are going for an alt choose one with good fundamentals.
Personally even if BTC goes to 10 000$ I don't have enough of them to buy a house. I want to buy a house this year, and it will cost about 270BTC at current value. If BTC was 10 000$ it would only be about 30BTC, but I don't hold 30BTC. I could buy 30BTC right now, but I think it will take years for BTC to go to 10K, if it ever happens, and I want the house right now.
I will keep several BTC, so that if it goes to 10K I'll be happy anyway, maybe buy me a Porsche with it !
I will keep several BTC, so that if it goes to 10K I'll be happy anyway, maybe buy me a Porsche with it !
Wow, you want to buy a house worth $300k? That's a big house, and a lot of money. If I were to buy a house it wouldn't even cost half of what you're paying. Houses in Europe are much cheaper, you can have a decent, spacious one, for just $100k. If you want to buy a good car don't choose a porsche, they are bad at turns and it's easy to lose control at high speeds. It's not very comfortable, expensive and bad to race with. Not worth the price.
That depends on where in your town you live and want to live and which county you live in etc. I live in a nice part of a relatively poor large city in northern England. Our current house is around 100sq meters with. No garden and worth £200,000. To get to 200sq m in our area with a largish garden for the kids (still walkable to shops, schools and parks) would cost a minimum of £600,000. Add to that you would have to pay 19-29% capital gains tax and then all of a sudden you need a lot of Bitcoins to buy a new house in my neighbourhoods of Europe.
When I can sell half my Bitcoins and move into the house I want to, I will seriously consider it. Until then I HODL. This may take a few more years lol.
Re: Why Does Anyone Think BTC Splitting into Two Will Make BU Go to the Moon?
If there will be network split, many will dump all their free BTU when it get listed which will just pump the real BTC to the moon.
BTU will be another dead cow instantly after getting listed as just another altcoin
BTU will be another dead cow instantly after getting listed as just another altcoin
How can you say that? The hard fork can't happen if Bitcoin Unlimited doesn't get at least 75% of the total hash power. And if it does there's only a possibility of a split if the supporters of Core continue mining their chain and become the minority.
So how can one say that BU has no value and should be dumped if it has the majority of hash power?
Exactly, 75% hash power is obtainable, they simply buy more miners, and refuse to sell miners to anyone who is against them. This may take a year or two, but when the prize is Bitcoin it is worth buggering up the blockhain for a couple of years.
BU is a centralize company who want to install a president of Bitcoin. It would not be resistant to government interference, Trump asks Bitcoin president for XYZ, then Trump gets it. (Also you could replace trump for an official of the Community Party of China). This is basically Visa or Mastercard and not Bitcoin. This is not what most people bought into.
Lastly BU has poor code, its code is not always reviewed or visible for others to check. All BU developers are paid by BU and number in the handful. All 100+ Core developers are volunteers (some are paid by MIT and Blockstream) but anyone can become a Core dev and help Bitcoin.
BU is a centralized company trying to do a hostile takeover of Bitcoin. Core are a bunch of volunteer developers (some of whom are paid by MIT and Blockstream) but any developer can volunteer to work for core and help make Bitcoin better. BU want in install a president of Bitcoin, not all the BU code they release is reviewed, not all the code they release if visible for anyone to see, and all developers are paid employees. So if BU ever manages to take over the Bitcoin chain, Bitcoin will lose 90+% of its value within 2 years, people will move to independent alts. Who wants a company managing Bitcoin, might as well use Visa.
BU's bigger blocks can also mean smaller blocks, the miners decide on the blocksize, so in theory they could vote for smaller blocks and thus higher fees. The other issue with larger block is the larger the block the more decentralized the miners become. If the blocksize went much larger quickly only data centres would be able to mine as no one else would have the bandwidth or storage needed. If the blocksize were to hit 4mb in the next year or 2 then the whole of Austrialia and Africa would be unable to process the data needed to mine due to bandwidth. So that is 2 continents without any possible mining.
BU's bigger blocks can also mean smaller blocks, the miners decide on the blocksize, so in theory they could vote for smaller blocks and thus higher fees. The other issue with larger block is the larger the block the more decentralized the miners become. If the blocksize went much larger quickly only data centres would be able to mine as no one else would have the bandwidth or storage needed. If the blocksize were to hit 4mb in the next year or 2 then the whole of Austrialia and Africa would be unable to process the data needed to mine due to bandwidth. So that is 2 continents without any possible mining.
I'm impressed how many bald-faced lies you are able to spew in a single post.
Ok, you are calling me a liar. I would like to see you disprove what I have written. I accept that "Bitcoin will lose 90+% of its value within 2 years, people will move to independent alts. Who wants a company managing Bitcoin, might as well use Visa" is my opinion based on what I know. Im pretty sure the rest is truthful.
I think that larger blocks have some merit, but I do not think that BU has any merit at all.