Recently I saw one video on this topic. since then I've seen at least 20 more like that. This shit would create mass hysteria if it is true. The points that are made by the flat earth movement are actually more viable than those made by scientists. I'd love to see the astrologists face when they find out that they have been looking at the ceiling the hole time.
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BoardBitcoin Discussion
Re: Can Bitcoin make Banks disappear?
by
Basteamore
on 27/10/2016, 17:02:06 UTC
That's only the words of extremist of bitcoins fans and field IMO, I think it's still too early for bitcoin to actually replace fiat or change the financial system. Bitcoin can be a great currency on the online field and for conducting transactions throughout the world.
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BoardBitcoin Discussion
Re: FUCK! The Bitcoin is dead again. This time for sure.
by
Basteamore
on 26/10/2016, 14:29:47 UTC
I do not think that Bitcoin is dead because I am still making money with it and as long as I can do that I do not think that the Bitcoin is dead. So maybe Bitcoin will be dead in the future but not now.
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BoardBitcoin Discussion
Re: Is stealing Bitcoin illegal?
by
Basteamore
on 26/10/2016, 14:17:05 UTC
Taking something that is not yours is really illegal may it be bitcoin or anything that you take without any authority from the owner. In the case you've given wherein you accidentally have bitcoin in your wallet upon generating it and you don't know who gave it then it is not stealing because there is no intention. But a chance of this happening is near to impossible.
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BoardOff-topic
Re: bitcoin affects life a lot
by
Basteamore
on 26/10/2016, 14:05:34 UTC
yes bitcoin really effects the life a lot. it also effect my life very much. i have an extra time to bitcoin now. it has a great effect on mind and heart also. its a psychological factor. i have limited my daily activities for the safe of bitcoin.
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BoardGambling discussion
Re: What is your aim in gambling????
by
Basteamore
on 26/10/2016, 14:02:20 UTC
Gambling goals: proving that you can win in a long run, what i mean is 1-3 years playing gambling in bitcoin. you guys may not believe me, but I still on the winning side of gambling, it is almost a year have past since i started gambling using bitcoin.
based on what i see now as many adoption for bitcoin transaction has been made the perception coming from more people who have knowledge using it is positive its been used for good because for us who invest and use it regularly we can pay our bills and enjoy more and more transaction using this coin just like what others comment here bitcoin is a known currency now so it can be used both ways bad or good depends only depend to the person who's using it.
I just wish we could use it on more service providers and other billing we have and more transactions we do in our daily lives, like buying food or groceries.
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BoardBitcoin Discussion
Re: Can Bitcoin be used for Good?
by
Basteamore
on 25/10/2016, 02:41:46 UTC
It can be used for good and also bad. Similar to real currency, you can buy homes and food for the poor or you can buy drugs, arms, bombs, etc. It's really up to the person holding it.
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BoardMeta
Re: Stake your Bitcoin address here
by
Basteamore
on 24/10/2016, 15:40:26 UTC
-----BEGIN BITCOIN SIGNED MESSAGE----- Oct. 24, 2016.
I am Basteamore,
I am signing this message for the purpose of staking my BTC address. -----BEGIN SIGNATURE----- 18DiRQX3b2RfvFFcaAxqr9aMNQERV3LzE6 ICNlMMsgfFYD2RH7mYtXAIU4P46hjhAPIjEmRjxxcwI4UoTVscCjLfnCMdQkqcHjGnJtI7k/ssVCVngZDOWihYw= -----END BITCOIN SIGNED MESSAGE-----
yeah , and in the recent two day increased price directly show that the fluctuations in sharp for big hit in bitcoin will take in the beginning of the year 2017 .
Yeah and if we see higher price at the end of the year then we can expect much higher price in next year too, and bitcoin is improving day by day so we can expect that next year will take bitcoin to new heights.
When the SegWit is released or the bitcoin block size is incrased to 2MB or even 4 MB, the price will be higher.
I hope 2017 will be the year of the bitcoin because 2016 was a very slow year for bitcoin and I don't want the same faith for 2017. Hoping we will get globalised a little more and more accepted in shops etc in 2017 that would be great progress.
When it comes to usage of bitcoin I agree that we didn't see any improvement and the development has been slow so far but it doesn't goes same with its price as price got higher this year in compare to last year.
The development of the bitcoin used to be fast, but it has slowed recently. Maybe the developers are more cautious.
For those who invested in Bitcoin earlier this year, this can already be considered a year of great achievements, but no doubt many opportunities may also arise in 2017.
I agree with that. The price of rose more than 80% in the last 9 months. That is already a good achievement.
Most likely Bitcoin's value would increase compared to the Dollar, GBP, EURO and other fiat currencies. It would be seen as being more stable and the value increase would entice others to get some. I doubt it'll fall as it is not fully reliant on the US economy to keep it going.
The value of the bitcoin will rise compared to the fiat. If the fiat crashes, the bitcoin price will rise even faster.
I think so. That is the reason why I have bought the bitcoin in the last few years and keep them for the long term.
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BoardSpeculation
Re: If the US dollar crashed, would it affect bitcoin in any way?
Yeah it would effect Bitcoin somehow because many of the Bitcoin users sell there Bitcoins against the US Dollar, so know they will have to fgind a other currency to sell for. I think that it would not do much but it would be somewhat a problem at first.
I also think that it would effect the Bitcoin somehow because many people are selling there coins for the US Dollar so now the users have to search for a other currency and maybe that is going to be harder. So I am not sure how it would go unless it is going to happen.
When the US dollar crashes, the bitcoin will be the major currency. It can rises a lot in terms of US dollar.
The US dollar will not crash suddenly. It will just drop slowly due to the inflation. The bitcoin will also rise slowly.
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BoardSpeculation
Re: If the US dollar crashed, would it affect bitcoin in any way?
off course it will affect the bitcoin in all ways and that is because the bitcoin is worth allot of dollar so as you can see if the dollar crash the bitcoin has no value..
When the dollar crashes, the bitcoin price in dollar will increase. For the last 7 years, the dollar crashed against bitcoin.
That is right. The value of the dollar crashed against the bitcoin at least 10 thousand times. It will crash again and again.
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BoardSpeculation
Re: If the US dollar crashed, would it affect bitcoin in any way?
As the title says, what would be the effects on bitcoin if the US economy crashed?
Would there be a sharp rise, as lots of people would want to move their money out of the dollar and into something else, or would the price drop, as a large fraction of the bitcoin community is American?
It would effect Bitcoin in some way because many people are selling there Bitcoins for the US Dollar and if that crashes then people have to find other currencies to sell there Bitcoins for.
I think only the miners will have to sell their bitcoin to pay for the mining cost. Other people can use bitcoin to buy things directly.
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BoardSpeculation
Re: If the US dollar crashed, would it affect bitcoin in any way?
I think not how is the US Dollar able to effect the Bitcoin. I do not know how the effecting currencies works but I am sure that Bitcoin would be fine and we could just do what we always be doing.
If the bitcoin is priced in US dollar, when the price of dollar drops, the bitocin price in dollar will rise.
In the long term, the dollar value drops all the time. So the bitcoin value in term of dollar will increase.