Bago ako mag out sa work ko ay sinilip ko ang price ng bitcoin tapos pagdating ko sa bahay silipin ko ulit akoy nagulat 44+ na pala sa binance. Share ko lang po ito kasi isa ito sa nakita kong dahilan kung bakit nag pump ang presyo ni bitcoin (ATH)


Maraming reason pero isa itong magandang balita at nagtulak ulit para magpump ang bitcoin.

Writing or Laughing at so called "nocoiners" (socialists, lawyers MBA economists) in new york times square



will not just get the bitcoin even more unpopular as it will be seen by many as arrogant.

it will create more and more cryptocurrencies, cryptocurrency indexes and so on.

it will be more and more be question why the energywasting bitcoinsect itself had legitimacy to out of audacity take the first move of creating something and calling it decentral money,

bitcoin will sooner or later dissappear in the conflict that many of its arrogant owners are sparking.

the main issue is that bitcoins initial support came much less from its appeareance but much more from the unsatisfaction with the national banking cartels, as they were causing poverty.

bitcoin marketing moved from

we are a good solution against the established unefficient banking cartel

towards:

Bitcoin is King of all Coins.

just look what vitalik said:



reagards

Analysis : Blockchain, the technology behind Bitcoin, is predicted to be the leading technology in the future, but this technology will become obsolete.

Is it possible that bitcoin will be obsolete in the future?

When I was reading an article, I came across a disadvantage of bitcoin that stated that there "No Chargebacks or Refunds" in bitcoin transactions. What do you think can be the way forward in solving this problem? Many, regardless of whether you are pro-bitcoin or anti-bitcoin, your interest is in making sure that transactions where currency is involved have a Charge-back or Refund policy.

Below is what the article said on this point: "No Chargebacks or Refunds"
One of Bitcoin’s biggest drawbacks is a lack of standardized policy for chargebacks or refunds, as all credit card companies and traditional online payment processors have. Users affected by transaction fraud – for instance, they purchase goods that the seller never delivers – can’t request a refund through Bitcoin. In fact, Bitcoin’s decentralized structure makes it impossible for any single party to arbitrate disputes between users. While miners take responsibility for recording transactions, they’re not qualified to assess their legitimacy.
Some newer cryptocurrencies, such as Ripple, have rudimentary chargeback and refund functions, but this feature has yet to be built into Bitcoin.

Well as everyone can see btc has made somewhat of a recovery in the last couple days i was interested in some opinions  if people really think this is the run that will take us to a new high or will it be short lived and will we see a even lower low in the coming weeks,   please feel free to to give your opinions.

Each thing is a thing to itself. If you say btc will replace gold you are saying btc will replace all metals of value. It
Makes no sense. Will Bitcoin replace bonds cause btc can have a higher yield. Remember, some day btc is replacing tulips at the moment. Open your minds a bit more and realize btc is not the end all be all. I love it, and have quite a bit, but I also have a safe full of gold. They are two separate entities, at one point it was confiscated from the people of the us and was illegal to hold. Those of you who keep saying this make me think you are not diversified and it's not always a good idea so stop this stupid gold comparison

As far as I am more and more in it, I can do some conclusions.

1) People are mostly not using the Bitcoin (altcoins as well);
2) Crypto-enthusiasts are real enthusiasts only when the price goes up;
3) Even considering there are more crypto-companies appear which offer their services, and more people join our community - the level of crypto education and adoption is still very low;

Almost 95% of all people in crypto I know personally are holding or trading, but not using it to its functionality. I cannot judge anyone for this, but let's be honest - it won't bring you any money if you just will buy it and wait.

So, there is a question: "How much of you use Bitcoin or any other cryptocurrency to its full capacity?" I am curious about this because as for now it looks like there is only a small group of people making some contributions.

One thing to say mining bitcoin consumes a large amount of electricity and it would take lots of equipment to manned the mining. There should be a development in making the cost of bitcoin lower; given that lower mining cost could yield a higher profit. However, it matters on trading and exchanges.

Bitcoin’s meteoric rise last year had many observers calling it one of the biggest speculative manias in history. The cryptocurrency’s 2018 crash may help cement its place in the bubble record books

Hi,

Bitcoin had a 78% decrease from 2013 all time high from around $1200 to $250. All time high for 2013 was on Nov 30th. To get to $250 boring volatility it took 1 and a half years and a further 6 months wait to see some uptrend totalling 2 years to wait to catch the slow bull train from the 1st train station stop. In summary this bear market lasted 2 years.

The 2017 crazy bull market started from May 1st 2017 from $1300 all the way to $20000 in Dec 2017 that took 8 months. This is 1438% increase. If we do get another bull run like this passing 20k all time high then new ATH will be $288000 in Dec 2021 then a repeat 78% retracement of this $over a quarter million figure? Isn't this bad health for bitcoin?

So using these statistics is it best to buy bitcoin at $4400 by boarding the 1st train stop departure in June 2019?

I know I will get a reply saying bitcoin's popularity and exposure wasn't as big in 2013-14 compared to now however can someone give me reasons why history wont repeat itself?

I know I will get another reply saying bitcoin died many times in past and survived however everyone knows this latest crash from 20k so how can bitcoin survive from this well exposed crash high from the sky?

Has the 78% crash from 20000 to 4400 scared the average public away to invest in it?

What must bitcoin do to gain the confidence from public again apart from lightning network and store door front logos appearing everywhere? Will it be the upcoming another economic recession like in 2007/8? Will average public able to afford bitcoin in a economic recession? Also how we stop average public driving up prices by 1438% in the future as it's not healthy growth.

My final question is how can bitcoin have a steady slow healthy growth without 78%'s retracements in its future?

I think the only bitcoin can make this cryptocurrency market stable. BTC was doing monopoly business over last few years. It's time to do some competition with other good currency. Am I right or wrong?

WIll ETH pass BTC in 2019 ?

If we have this huge pool of miners out there, then why are transaction speeds so slow?  Surely the more miners, the faster it should go.  If not, there is something fundamentally wrong with the algorithm.

thanks for looking into it, appreciate your time.

So if those amounts came in from a mining/ block reward. Would you be so kind and also look into this address: 18cBEMRxXHqzWWCxZNtU91F5sbUNKhL5PX

thats about 120k+ btc

Thats the thing, in order to make them look like regular coins you'll need a way to add them to the chain. I'll be happy if experts say all is good with the blockchain system and those huge transactions are surely no hacks but due to the recent price drops and blockchain developments, interests in this technology the price fall is kind of paradox so looking at those transactions made me think if all is in order.

I think it is wrong to call bitcoin a "private" currency.

On the contrary, imo bitcoin is much more of a public currency that any national currency is.

The thought came to my mind, when everything about Bitcoin and Ethereum is legit open-source, and posted on GitHub; there's every line of code available in the open for any government to make a Bitcoin/ Ethereum clone of their own.  So, whey aren't they doing that, if not seriously, then at least proof-of-concept?

Even if blockchains come with patents, there's the phrase called 'compulsory licensing' that has long been used by third world countries to manufacture patented drugs at dirt-cheap prices.  Likewise, blockchains too could be 'compulsorily licensed' even if patented.

Whey then doesn't any country, say China or India, declare such a blockchain to be an essential 'public good' and clone Bitcoin or Ethereum, whatever is utilitarian for their purposes?  At least they'll save on the Ether prices for their DApps!

Different sites report different blockchain sizes. Some of that might be explained by base-2 or base-10 sizes, but that's not enough to explain the large difference between the extremes.

Is there a site that accurately reports in bytes both the raw size and Core's on-disk size (without the UTXO set)?

201.57 GB (= 187.72 GB² if it's GB¹⁰) - BitInfoCharts (block 527,582)
178.99 GB (= 192.18 GB¹⁰ if it's GB²) - Coin Dance
171,292 MB (= 179.61 GB¹⁰ if it's MB²) - Blockchain.info (updated once per day)
161.20 GiB (= 173.08 GB¹⁰) - Bitcoin.com

...compared to say u.s. dollar bills which you can hold in your hand or stuff in your mattress.

this is why bitcoins will not go mainstream because majority of human beings on this planet do not have access to a computer.

successful gold standards are things like toyota trucks, ak-47's, u.s. c-notes which thrive in places like afghanistan and africa.

You've just visit the philippines? So what country you came from, based on your post history you're a local of philippines, right?
But hey, that's a good thing, if the store is using any other wallet or merchant I guess sending money would take for several minutes unless they used coins.ph and there client as well, so btc/fund will be transfered instantly without waiting of any confirmation.