Hello Bitcointalk Community,

I would like to start a discussion on the future of Bitcoin. With recent advancements and increasing adoption, what are your predictions for Bitcoin in the next 5-10 years? What innovations do you think will shape its future?

Please share your thoughts and insights.

Best,
Crypto Market Trends.

Our Website link : https://cryptomarketstrend.com/

Looks like certain pubcos (I will just mention them.. IREN and CORZ) pivoted to AI by repurposing their warehouses as HPC server farms, and they are doing great. What are your thoughts on this? Can a Bitcoin miner be a good Bitcoin miner if they divert from the main purpose to step into other fields? Is this a good play to find profitability in bear markets or in times when there aren't as many fees? So far it's going great for these two. Is this a short lived buy the news pump or is this a good long term play worth having on a portfolio?

As far as private miners, is any of them doing this?

Are you increasing your bitcoin investments because of today halving ? For how long do you plan to hold this new investment from here on.

Countering Payment Reversal Risk for Merchants:  How long before online downloadable digital content / services merchants will proclaim that they only take Bitcoin due to the reversability of other payment methods, and the irreversable nature of Bitcoin payments?

Countering Bitcoin price fluctuation Risk for Merchants:  The merchant of the downloadable content / service can also protect themselves against fluctuating bitcoin prices by exchanging the received bitcoins immediately (programmatically) after receival. 

Countering Bitcoin liquidity Risk for Merchants:  Pricing of goods/services can take cognisance of the depth of market liquidity on major exchanges.  If your product is worth $50 dollars for example - and 100 customers are expected to order it per hour - it gives you $5000 - if the depth at MtGox of bitcoins wanted is $5000 at an average price of US$16.45 for example - you can convert your US$ into bitcoin (programmatically) by this conversion rate.  So depending on your product price and product volume you can offer a bitcoin rate on the fly if your site is linked to Bitcoin exchange data.

Simple Merchant shopping cart bitcoin transfer button script (should just be able to replace paypal/credit card payment link in shopping cart software with bitcoin enabled transfer link):  https://en.bitcoin.it/wiki/BitWillet

Has anyone thought about the potential of a daily crossing network ? -- these are very popular in conventional finance for increasing liquidity and allowing large trades to go through without impacting the market.

The basic idea is that some people are trying to trade large amounts of BTC for USD but don't want to a)show their hand or possibly  b)get a partial execution.  It's quite possible that with the price over $4 there are people out there who would like to sell say 10,000BTC if they could get $4 , but don't want to clear the MtGox order books out, kill the price and get a partial fill.

Equally, there are possibly some folk who would like to buy substantially at say $5.

In both cases, these people want to trade size, and don't want to work it through the public books, ideally, if they can find each other then a trade can be printed at a beneficial price to both of them.  If they cannot find each other, then no information  is disseminated -- the whole point is that these buyers and sellers don't wish to show their hands unless they can trade.

The benefit to the market is that there is more liquidity, and there is less ripping through the order books.  Less volatility, and Bitcoin becomes a better, more stable, acceptable market.

A cross could take place once a day at say 1400 GMT, to try and coincide with most eyeballs being open.  Upto 1345, people would submit their orders (suggest MtGox / Tradehill / Bitcoinica as they need to hold both Fiat and BTC on each order).  At 1355 the network would close, and the the optimal clearing price (if any) is computed.  This is the single price at which most Bitcoins would be bought/sold given the participants' criteria.  Trades would then be printed at this price (minus a tiny commission for the network).  The cross would then be over until the following day.


As an example imagine that MtGox is showing 4.5-4.6  with size 25x10

The cross   accepts the following orders:

A :  P 1000 @ 4
B :  P 60,000 @ 6

C :  S 200,000 @ 4  (all or nothing)
D :  S 5000  @ 4.5 


The key-point here is that NO-ONE sees these orders except the crossing computer, C is a huge seller which will spook the market but he has indicated all-or-nothing, and although his price is keen, he will not participate.

The crossing price in this example will be mid-way between B and D i.e. 5.25, with a volume of 5000.  This is the only information that is released to the participants, which can be seen as a daily fixing price.

If C had not insisted on such a fill-or-kill order, then the crossing price would instead be 4 where 61000 can trade.  D would not participate.   C may of course re-enter the following day, only he knows his true size.

Anonymity is the key issue here, this guarantee will attract additional orders, and equally, large speculative orders  can be worked safely away from the main books.

A regular and well delivered cross would gradually grow in importance and add liquidity without impact to real time Bitcoin prices.








 

hello ! I am trying to swap some of my usdt tether to bitcoin but it says that i need at least 0.0014 amount of eth. now the problem is i do not have any eth i was gonna buy some but it says i need a minimum amount of 15 usdt to swap usdt to eth.

is there any other way for me to get the amount of eth (0.0014) that i only need without having to buy the minimum amount for swap? I hope my question is understood properly.