I predict Ethereum will someday overtake Bitcoin. Realistically, it is just a lot better of a cryptocurrency all around.
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BoardBitcoin Discussion
Re: why some country banned bitcoin?
by
btcbrother
on 31/10/2017, 08:50:26 UTC
Governments are going to ban Bitcoin here and there. There are always the fringe who do not accept new technology for whatever reason.
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BoardBitcoin Discussion
Re: How Many Barrels Of Oil Are Needed To Mine One Bitcoin?
by
btcbrother
on 31/10/2017, 08:49:47 UTC
Probably a lot less than one. Last I heard it cost about $1,000 US to mine 1 Bitcoin.
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BoardMining speculation
Re: Mining in 2017?
by
btcbrother
on 31/10/2017, 08:49:22 UTC
Earlier I read that Satoshi's vision for Bitcoin mining was that eventually it would be done in large mining datacenters. I guess it is already happening, a lot sooner than we expected!
LMAO Bitcoin will replace oil, huh? So I guess we will be powering our cars with BTC from now on.
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BoardBitcoin Discussion
Re: bitcoin cannot replace currency in the world because price is not stable
by
btcbrother
on 31/10/2017, 08:47:23 UTC
The more money, o market cap, that flows into Bitcoin, the more the price will increase and the more the price will be stable.
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BoardBitcoin Discussion
Re: Who do you think will compete with Bitcoin?
by
btcbrother
on 31/10/2017, 08:46:33 UTC
Ethereum, hands down, is the only real competitor to Bitcoin at the current moment.
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BoardBitcoin Discussion
Re: What will happen if all 21 Million BTC are mined?
by
btcbrother
on 31/10/2017, 08:46:10 UTC
if? don't you mean when*?
All 21,000,000 Bitcoin *will* be mined at some point after the year 2100... according to current calculations. However, quantum computing could make it happen much faster.
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BoardBitcoin Discussion
Re: Why you should focus more on saving bitcoins than selling your bitcoins
by
btcbrother
on 31/10/2017, 08:44:41 UTC
You should not sell your Bitcoins, but you should spend them because it is the only way to make them prominent in the mainstream.
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BoardEconomics
Re: Legalizing Bitcoin
by
btcbrother
on 29/10/2017, 19:09:16 UTC
Bitcoin is already legal everywhere. In needs to be declared illegal, otherwise it is legal!
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BoardEconomics
Re: Is the economy situation in your country that bad?
by
btcbrother
on 29/10/2017, 18:33:36 UTC
I cannot remember a single time in my life when the economy was seriously bad in my country. I guess we are just lucky.
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BoardEconomics
Re: Is it possible for the bitcoin to lose it's value ?
by
btcbrother
on 29/10/2017, 18:33:03 UTC
Uhm, yes? That is why the price goes up and down all of the time and has also crashed numerous times in the past? hahaha
Let's see what type of Anonymint-Philippines anti-metals collusion is going on here today.
Keep on buying that silver boi... need someone to hold them bags down to the bottom of the ocean.
Ehm, silver and Gold are always going to be valuable. They are in a downtrend now which means likely going up in the next few years.
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BoardEconomics
Re: The Bond Bubble and How Humanity Will Be Robbed By Banks Soon
by
btcbrother
on 29/10/2017, 18:29:04 UTC
Well at the end of the 20's, the banks robbed everyone essentially. If it happened once, it can happen again.
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BoardEconomics
Re: Bitcoin: Exposed?
by
btcbrother
on 29/10/2017, 18:28:17 UTC
The only thing to expose about Bitcoin is how it is still used for illegal activity, although the drugs/weapons part of it has since switched over to Monero.
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BoardEconomics
Re: Wonder how many people can hold BTC for more than 3 years
by
btcbrother
on 29/10/2017, 18:27:06 UTC
It is actually so, so hard to hold onto Bitcoin. It is too tempting to trade it and unfortunately for a lot of people they end up losing a lot, or all of their money!
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BoardEconomics
Re: Gold Is Yesterday, Here Comes Bitcoin As A Reserve Currency
by
btcbrother
on 29/10/2017, 18:26:28 UTC
Gold is yesterday, today and tomorrow. It will always be a reserve currency, and so will cryptocurrencies like Bitcoin.
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BoardEconomics
Re: Does this mean Cash will be extinct?
by
btcbrother
on 29/10/2017, 18:25:01 UTC
Fiat will be around for a longgg time. It takes decades at least to faze it out. And old people are still used to it.
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BoardEconomics
Re: How can we make more money?
by
btcbrother
on 24/10/2017, 04:57:29 UTC
To make more money, you need to work harder. It is that simple!
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BoardTrading Discussion
Re: How do you deal with loss?
by
btcbrother
on 24/10/2017, 04:51:54 UTC
You need to accept that you will have losses and simply move on. If you dwell on it, it will not work out well for you!