the best thing about bitcoin is that it is having only limited supply, which is obviously indicating to a huge price per coin in future and even a dumbass can see the potential in bitcoin's growth.
What if bitcoin gains much more value than you anticipate? So what happens when 1 satoshi reaches the price of 1 dollar? What kind of arrangement is made if payment is requested as Cent? Can the bitcoin core be modified?
Then the average transaction fee will kill us all as I assume if the transaction fees remains the same then it will become $25k per transaction.
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BoardEconomics
Re: How many Bitcoin do you have saved?
by
Juliamit
on 14/02/2017, 04:11:30 UTC
It's worse in my case, I'm trying very hard to meet both the ends meet and still I've got only 0.1btc with me, which every day I think of spending or gambling.
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BoardEconomics
Re: what your plan for future ? and how to manage your time ?
by
Juliamit
on 04/12/2016, 18:50:06 UTC
My plan for future is to save my bitcoins and keep on holding them for my grand kids so as they would appreciate the work i have done for them.
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Re: du you spend coins on real life.
by
Juliamit
on 11/10/2016, 11:38:05 UTC
I spend bitcoins in my real life. There is a burger shop in my vicinity and the shopkeeper accepts bitcoins, so me and my friends frequently visit that place and have fun.
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Re: Bank or Bitcoin Wallet?
by
Juliamit
on 30/08/2016, 14:52:39 UTC
Right now i am comfortable with banks and bitcoins is just for speculation and altcoins trading for me, say it as a part time job
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BoardSpeculation
Re: If bitcoin rose to $1M, what you do?
by
Juliamit
on 14/07/2016, 13:19:38 UTC
Then I will be a millionaire and would sell the bitcoins for buying a new house and starting my own trading or gambling site.
What is your favorite part of bitcoins. Sorry about writing about the 13 bitcoins, I was writing it for another person and by mistake it ended up here
I think that you should hold on to them for the future because you can make more money then if you hold on to them. You can also sell a halve and hold on to the other halve.
I think it is not the time to sell half of our coins as with that we will lose the opportunity to get half of the profit which we will get with the halving price increase in the month of July. We have waited for literally more time so have to wait a little more.
That's right. Once we hit month of July. Wait and see the price soar high as that's the time where we expect halving will happen. And if that time come, you will be happy that the profit you will make is way higher than you expected.
But the people already have gained enough profit, i mean to say is the people who brought bitcoins and were holding bitcoins have also seen that bitcoin can reach again to $1100 plus mark so that they could get back their money along with some profit. And halving could also go in a reverse way, i.e. pushing the prices down, so don't back on halving to rise the bitcoin prices.
Why didnt hacker just take far less and get away with it? For example just ETH worth million $ or so. They would not shut down the DAO, nothing would happen. Now he lost everything.
This makes me think it could be something planed. To bring down dao, hurt ETH or maybe even inside job or whatever.
That could be true. He could just take less than 1 million and sell short in the market to make profit and then then return the stolen 1 milllion to the DAO.
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BoardPress
Re: [2016-05-31] news.bitcoin.com-No License for PayPal in Turkey, 45% Say ...
by
Juliamit
on 01/06/2016, 07:57:33 UTC
People in Turkey cannot use the Paypal. But is the bitcoin legal in Turkey? Or is it an offence to use it there?
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BoardBeginners & Help
Re: Are floppy disks safe to store wallets?
by
Juliamit
on 19/05/2016, 13:46:12 UTC
The magnetic particles on the floppy disk will change its characteristics over long time, you will lose information.
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BoardBitcoin Discussion
Re: Thank you Mr. Wright for creating bitcoin!
by
Juliamit
on 03/05/2016, 20:54:09 UTC
If Mr Wright were the inventor of Bitcoin, I will be very disappointed. I thought Satoshi would be totally different person.
I wouldn't build any new rigs just ethereum mining.
Existing rigs repurposed would be fine (Hi Phil).
If you're building a rig for something else (like I did this past week) running it as an ethereum miner for a while to defray PART of the cost is a usefull thought.
The way the price keeps drifting down and the diff keeps climbing makes achieving ROI on a new-built rig look pretty iffy at this point.
i've built a rig anyway, and i'm in profit, i don't care much about roi, gpu can be sold straight away at any time with a return up to 100% easily on ebay
so it's all profit from the beginning, also i'm not plannign to sell anymore the other part of the rig, a rig is always usefu, thel altcoin scene will always be profitable no matter what everyone think
in those tiem where the profit is low, you can invest in green energy like solar panel and have your 10 hours free mining per day
I will do the same. I think the concept of the ROI is just for the ASIC. We can find use for GPU any time.
The ASIC will be useless after a few months, as it will not be profitable. The GPU can be sold to gamers.
That is the reason I mine altcoins. I can mine when it is profitable. I can sell GPU when it is not profitable.
GPU mining was not profitable, even last 8 months back. Hope new coin will be available soon to mine with gpu
That is right. 8 months ago, the GPU mining is not profitable if your electricity is over $0.2/kWh.