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Re: Are you with or against "the U.K. quits the European Union" ?
The UK needs the EU much more now than when it joined in 1973. Just look at trade data. The UK alone cannot even feed its population. If all trade with the EU would stop, the British would starve to death. That won't happen of course, it just means the UK must have good relations with its major trade partners.
Dont forget we import and as much as we export, joint trade is still in everyone's best interest and will continue.
AGREED.......UK's export is worth approx £330 billion ($460b) whereas UK's import is worth approx £449 billion ($625b) (as of 2015) some of that trade may suffer as a result of leaving the EU but I believe plenty of it would remain and additional trades would be created.
Re: Are you with or against "the U.K. quits the European Union" ?
I love this thread 
I'm in the UK and I agree with some of you that state UK are better out of the EU and I agree with some who say it's a dictatorship.
IMO I hope UK does leave the EU, as the 2nd biggest contributor those resources could be used much more effectively on the UK to sort the welfare system so it's fair and does not discriminate against hard working people such as myself that pay into it. I see too many "lazy" people day to day who are happy to sit at home with their designer TV's and a full fridge of food and sign a piece of paper every 2 weeks to state they are "looking" for work when in actual fact they know they are doing just fine without working. This should not be the case, they should struggle and feel the pinch if they don't work, the incentive isn't there for them to break that habit and genuinely go out and find work. I agree with immigrants coming into the UK (not the illegal ones) as I feel they play an important role in the UK economy but for the lazy UK citizens to lay the blame here (which most do) is not only a sign of ignorance, it shows a lack of knowledge to whats actually going on around them. I personally look forward to the referendum.
I'm in the UK and I agree with some of you that state UK are better out of the EU and I agree with some who say it's a dictatorship.IMO I hope UK does leave the EU, as the 2nd biggest contributor those resources could be used much more effectively on the UK to sort the welfare system so it's fair and does not discriminate against hard working people such as myself that pay into it. I see too many "lazy" people day to day who are happy to sit at home with their designer TV's and a full fridge of food and sign a piece of paper every 2 weeks to state they are "looking" for work when in actual fact they know they are doing just fine without working. This should not be the case, they should struggle and feel the pinch if they don't work, the incentive isn't there for them to break that habit and genuinely go out and find work. I agree with immigrants coming into the UK (not the illegal ones) as I feel they play an important role in the UK economy but for the lazy UK citizens to lay the blame here (which most do) is not only a sign of ignorance, it shows a lack of knowledge to whats actually going on around them. I personally look forward to the referendum.
The issue with the welfare system sucking so badly in the UK has zero to do with UK's membership in the EU, and everything to do with bad politics and the heritage of Margaret Thatcher. But luckily, you want to cut costs even further on the backs of the unemployed. Is this your idea of "reforms"? It's already being done. And better pray to never be fired from your job. You will struggle having to send out 20 applications per week to just barely get by. The hightened fear alone will make working people more frightened, insecure and OBIDIENT. You will likely do anything to stay at a job you should have left years ago. And you will not do your job more efficiently because of it. The effects are not good for employees and even worse for a national economy in sum.
Populist Cameron used the anti-EU sentiment of some conservative politicans to help himself get into power. Now that he did that, it was never his intention for the UK to leave the EU as he doesn't want to be the prime minister responsible for the desastrous economic consequences the step will have for the UK and a complete loss of influence in anything larger than regional politics. You will be suprised to see what remains of your welfare system if trade with the EU is hurt and there will be even less money to share with the poor.
You're saying "I" want to cut costs even further? I'm saying IMO the 2nd biggest contributor could distribute that contribution across the whole of the UK, reshape the welfare system to encourage un-employed to get back to work, not scare the employed from leaving work.
You're also saying "Is this your idea of "reforms"?" I'm saying again IMO reforming and reshaping current systems is not always a bad thing, the politicians are just good at their jobs which is to scaremonger their citizens into thinking their ideas are the way forward and any other idea is a dark, bottomless pit of disaster.
I do agree however with your statement about Margaret Thatcher, she did nothing but harm the strength of the UK and current politics very much reflects this which is why leaving the EU and taking a step outside that dusty old house would provide a chance for shakeup, a chance for independent trade deals and a chance to once again be a United Kingdom (which to be fair, we are far from that right now). Again I must stress, this is my opinion.
I would love to see a time when BTCitcoin is adopted as the new world currency I could image production of BTC0.1 BTC0.2 BTC0.3 BTC0.4 BTC0.5 BTC0.6 BTC0.7 BTC0.8 BTC0.9 BTC1.0 BTC1.5 BTC2.0 and so on and of course BTCitcoin cards which we currently have ready to go into mass production right now. BTCitcoin is young and we are merely creating the support beams "right now, today" to enable BTCitcoin to stand up as the sole currency when all else fails
I could image production of BTC0.1 BTC0.2 BTC0.3 BTC0.4 BTC0.5 BTC0.6 BTC0.7 BTC0.8 BTC0.9 BTC1.0 BTC1.5 BTC2.0 and so on and of course BTCitcoin cards which we currently have ready to go into mass production right now. BTCitcoin is young and we are merely creating the support beams "right now, today" to enable BTCitcoin to stand up as the sole currency when all else fails Re: Are you with or against "the U.K. quits the European Union" ?
I love this thread I'm in the UK and I agree with some of you that state UK are better out of the EU and I agree with some who say it's a dictatorship.
IMO I hope UK does leave the EU, as the 2nd biggest contributor those resources could be used much more effectively on the UK to sort the welfare system so it's fair and does not discriminate against hard working people such as myself that pay into it. I see too many "lazy" people day to day who are happy to sit at home with their designer TV's and a full fridge of food and sign a piece of paper every 2 weeks to state they are "looking" for work when in actual fact they know they are doing just fine without working. This should not be the case, they should struggle and feel the pinch if they don't work, the incentive isn't there for them to break that habit and genuinely go out and find work. I agree with immigrants coming into the UK (not the illegal ones) as I feel they play an important role in the UK economy but for the lazy UK citizens to lay the blame here (which most do) is not only a sign of ignorance, it shows a lack of knowledge to whats actually going on around them. I personally look forward to the referendum.
I'm in the UK and I agree with some of you that state UK are better out of the EU and I agree with some who say it's a dictatorship.IMO I hope UK does leave the EU, as the 2nd biggest contributor those resources could be used much more effectively on the UK to sort the welfare system so it's fair and does not discriminate against hard working people such as myself that pay into it. I see too many "lazy" people day to day who are happy to sit at home with their designer TV's and a full fridge of food and sign a piece of paper every 2 weeks to state they are "looking" for work when in actual fact they know they are doing just fine without working. This should not be the case, they should struggle and feel the pinch if they don't work, the incentive isn't there for them to break that habit and genuinely go out and find work. I agree with immigrants coming into the UK (not the illegal ones) as I feel they play an important role in the UK economy but for the lazy UK citizens to lay the blame here (which most do) is not only a sign of ignorance, it shows a lack of knowledge to whats actually going on around them. I personally look forward to the referendum.
IMO people are front running ahead of the next halving based on the trend of the previous halving and loading up on BTC in the hope of a spike in price in the months following the next halving in July this year (approx date)
How much prices have risen after previous halving from 50 to 25?
What was minimum and what was maximum price?
What was minimum and what was maximum price?
This shows the price at halving and the peak in the months following. I believe people have learnt from this and are front running to load up on BTC therefore the time frame between halving and hitting a peak will be shorter. This does not take into account the peak up to $1163 in Nov 2013 which is based on different factors. This merely shows the price change in the months after the halving occured.
Bitcoin and oil have nothing in common-two different world, and oil Investors will not come to Bitcoin, this is wrong perception. Don't count on oil money he will stay in oil or in gold.
Bitcoin is very small player right now, and maybe in future can be pair with oil or with gold.
Bitcoin is very small player right now, and maybe in future can be pair with oil or with gold.
You can tie many things together and find a aspect that may look to be profitable. In Canada our whole being right now is Oil and how it
screws with the economy. So if Oil goes up,so does the economy and I see that coming around and altering bitcoin price.
Bitcoin may be small but it still ebbs and flows due to daily news in the economic sense.
Think the point about bringing in investors is more about people looking for different aspects they can take advantage of when other markets are looking suspect. You are right to state Oil and Gold people will stay in those markets but they could also dabble in bitcoin and that would increase the price alone.
A bit like the Winklevoss twins with the Gemini exchange?
Bitcoin may as well be immortal and live forever until the Aliens invade Earth and take control of the Blockchain 
Take me to your blockchain There is too much volatility in Bitcoin to properly measure whether there is a correlation or not. If Bitcoin were to stabilize we could have a better picture.
Yes. I think the bitcoin has too much volatility. If the bitcoin price just rises 1% a week, that will make it very valuable.
IMO I think the price will stabilize (to a certain degree) after the halving occurs, I think the run up to this will show increased volatility but after the halving I believe it will settle and then maybe more accurate comparisons can be made to real world markets.
According to this https://en.bitcoin.it/wiki/Controlled_supply if my maths are right continuing on from the approx 4 years between halving, BTC will continue to be mined until the year 2144 (give or take for adjustment) and if the previous halving in 2012 is anything to go off price wise then we're in for a treat 
Another rally. Doesn't look like 500 is out of the question.
$460 - $470 is the next ceiling I believe plenty will be watching for that activity and certainly if it breaks through that then $500 is most certainly reachable
Another rally. Doesn't look like 500 is out of the question.
$460 - $470 is the next ceiling I believe plenty will be watching for that activity and certainly if it breaks through that then $500 is most certainly reachable
Edit: I see the hospital have reportedly paid the hackers $17'000 in BTC. I wouldnt have expected them to have admited to paying them anything. I wonder how much they really forked over.
Where is this info please?
Here you go; http://time.com/4228837/hospital-bitcoin-ransom-hackers/
Appreciate it thanks
I wonder how many hacks occur daily on a global scale relating to BTC ransoms? How many go un-reported and how many are paid off?Edit: I see the hospital have reportedly paid the hackers $17'000 in BTC. I wouldnt have expected them to have admited to paying them anything. I wonder how much they really forked over.
Where is this info please?
Zhou Tong is now the Co-founder of Coin Jar to service Australian Bitcoin customers.
Since the Bitcoinica hack, incredibly strong evidence has emerged that Zhou Tong was the actual thief.
His whole Chinese millionaire relic collector story was too unbelievable to begin with as well.
More details here: https://forum.bitcoin.com/ama-ask-me-anything/i-m-asher-tan-co-founder-ceo-of-coinjar-ask-me-anything-t2262.html#p6434
Since the Bitcoinica hack, incredibly strong evidence has emerged that Zhou Tong was the actual thief.
His whole Chinese millionaire relic collector story was too unbelievable to begin with as well.
More details here: https://forum.bitcoin.com/ama-ask-me-anything/i-m-asher-tan-co-founder-ceo-of-coinjar-ask-me-anything-t2262.html#p6434
Thanks for the link, I've just come across this story and already looking at various sources of info, it makes for an interesting read.
Patience is the key when it comes to the BTC game, I bought some in Jan 2015 for around $200 and they're now worth double that. Despite this I'm still sitting on them to a certain degree, using what I need to when I need to and gradually building up for the future. There's no legit quick fix or turnaround to be had.
So let's think for a while. Bitcoin is deflationary and over the past the value has always gone up so your coins are earning some of the best interest rates ever seen even though it looks like they are sat around. Any investment to store your coins with someone else is going to come with risk for the % gains its probably not worth it for most of your stash. This is the safest way available today.
100% agree HODLING is the new world investing when it comes to BTC
Its better that you are holding. The price is now very low and I think it will rise later.
But I hope that the value will rise, so we can sell it in the future.
But I hope that the value will rise, so we can sell it in the future.
I guess in future years selling Bitcoin is not necessary.More and more merchants and shops will accept it, online as also in real life.
It just takes some time and so you need to be patient if you wanna take a full advantage of that.
So hodl hard!
if more merchants are willing to accept bitcoin and hold a certain amount of the sales made in bitcoin, then it will surely affect the price in a positive way. but at this point they will never hold it as the volatility is too heavy. i want more physical merchants to accept bitcoin. online is easy, but i want my super market and gas station to accept bitcoin as well.
I believe this is the direction we are heading and it's simply a matter of time. A few years back you wouldn't of thought of the accessibility we currently have to buy/sell/trade/spend BTC not to mention the ATM's becoming increasingly available around the world. I believe if one major chain accepts, the rest will surely follow.
Its better that you are holding. The price is now very low and I think it will rise later.
But I hope that the value will rise, so we can sell it in the future.
But I hope that the value will rise, so we can sell it in the future.
Sell in the future or take advantage of all the outlets/websites/apps that are now accepting BTC and use it to maintain or increase your lifestyle for a while
Good luck with this, I've just tied my BTC up for another 45 days minimum but wouldn't be willing to use PayPal anyway. They don't support BTC and would sting the seller straight away, I should know I was stung a while ago, lesson learnt, never again, good luck though