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I've been thinking about gbp into it, and now that Usd have steady income would like to buy. Does anyone know how the Winkelvoss Twins are doing these days? I'll stop since electricity costs me more than this is worth" I thought I was a bitcoinity genius when I sold mine at You mean of all the gbp, the Bitcoinity is somewhere between "cheese" wood and "amazing" wood? This permanently hamstrings output and is a problem that can't really be solved. I think you have it wrong usd you consider Bitcoin as the actual currency used for everyday transactions.

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I thought I was a damn genius when I sold mine at Bcash fork is done with, SW2X fork seems to have been called off, and Segwit is going to activate very soon which allows for the largest feature upgrade Bitcoin has ever seen unlimited scaling, instant transactions, make spam more expensive, more transactions per block. I'm still kicking myself for giving up. Since no one's posting the source, here it is. But I'm hodling anyway so it doesn't matter. Relative value shows price change as percentage.

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Sure, we won't see the insane fluctuations in price we see now, but the total lack of a regulatory body like the federal reserve means usd the price will always be subject only to market swings - there is no force in place to control the market price. Bollywood basically refers to Hindi Films shot from "Bo"mbay production gbp. Only for the Hindi language ones. I think you have bitcoinity wrong gbp you consider Bitcoin as the actual currency used for everyday transactions. With Bitcoin, you can be bitcoinity own bank. The younger crop usd actors is hip.

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The actors, choreography, and all sets are fantastic. I hope you like it! It has really cool war scenes with Hindu and Muslim warriors. Very different from the usual medieval knight wars we see. It's an epic movie, worth watching it with English subtitles, as the actual dialogues are in Hindi. Damn you weren't kidding. That might be the most dapper beard and mustache I've seen.

They celebrate when they want to. Indians have freedom of movement, vigorous movement synchronized with everyone else in the room. The hindi movies are called Bollywood. There are multiple languages in India and many of them have vibrant movies being made.. Bollywood basically refers to Hindi Films shot from "Bo"mbay production houses. Likewise every major region has their own movie industry in their language. Here's the video of the clip in the gif, aka some hype shit. Prince used to do the same thing but with guitars.

I've been an extra in bollywood. I can confirm you do not make bank. I bet the reason you don't see these big productions in America is due to unions and minimum wage laws. Maybe in the morning. Does anyone know how the Winkelvoss Twins are doing these days? Did they hold to most of their bitcoins? I was gonna mine but they said something like it would probably take a whole month to mine a BTC. You're not an idiot, you simply didn't speculate or time the market, and that's a good thing.

I feel like I'm watching an opportunity for investing pass me by, but I know little to nothing about stocks or anything like that. Can anyone ELI5 what's happening and how most of ya'll are involved in this? Bitcoin is a global currency that is distributed across computers across the globe. Similar to how the internet is distributed and cannot be shut down, bitcoin has the same attributes.

The Bitcoin exchange rate tends to go up over time because unlike most currencies, Bitcoin gets rarer and rarer over time.

Every 4 years, the amount minted gets cut in half. Do you think it will go lower? I've been thinking about getting into it, and now that I have steady income would like to buy.

Can I buy half a bitcoin? I'm sorry about the dumb questions. Let me be clear, Bitcoin will almost certainly drop in price soon. Historically after large run ups in price, there's a crash. I expect this runnup to be no different. That being said, the price has always crashed higher than the previous all time high. And Bitcoin has risen in price exponentially since it was invented 9 years ago.

There's no reason why it would slow down any time soon. Just remember though that you can't time the market, so don't try to pick the best time, just buy and don't sell it during the inevitable crashes to come over the years. And yes Bitcoin is divisible so you can buy any amount you want. It is very possible it will crash back to This might also be the start of another bull rally in which case comes quicker than you think. I don't want to jinx anything because I wasted my luck on coconuts, but it's probably not going down anytime soon.

On the off chance Bitcoin starts dying, blame the fuck that called the coco-tastrophy before it started. It is a massive bubble, and I say this as a btc owner. The currency will never solve its issues with deflation and volatility that will, on a fundamental level, prevent it from ever forming the basis for a modern economy.

That said, in the short-to-medium-term, it's a good investment. This is a very risky market. They only know that it will keep going up. This market is the blind leading the blind and a recipe for a bubble. Isnt the volatility just caused by it being in a state of infancy for a global currency? Its marketcap isnt even close to a currency right now.

Essentially the same as the dollar. Fixed supply of a currency means effective deflation: So bitcoin is effectively deflationary. If you were a govt using bitcoin to manage an economy, then this would be a problem - most economists think you need low levels of inflation, and most central banks try to achieve this. Most people considering investing in an asset or currency would regard fixed supply as a very good thing indeed.

The currency is designed to be deflationary. At some point in the very far future, there will never be any new bitcoins made, while the number of bitcoins that exist on the market will continually decrease due to things like hard drives being corrupted or people forgetting their passwords. All this means that after, say, , one can reliably expect a bitcoin to be worth more tomorrow than it is worth today.

This is good, right? This is because of what we use currency for. If I'm a bitcoin lender, I will be substantially less likely to lend out my bitcoin if I know it'll make me money if I do nothing this as opposed to an inflationary currency that would incentivize lending. This permanently hamstrings output and is a problem that can't really be solved. But it isn't even the biggest problem. Volatility is always going to be an issue for bitcoin. Sure, we won't see the insane fluctuations in price we see now, but the total lack of a regulatory body like the federal reserve means that the price will always be subject only to market swings - there is no force in place to control the market price.

This will, by definition, increase volatility. What this will do is, in conjunction with inflation, further disincentivize lending and raise interest rates. Uncertainty about interest rates creates skittish activity and depresses an economy.

Only this depression would be permanent, because there is no Paul Volcker to step in and save the day. I don't have the tools to say the magnitude of what would happen, but it nevertheless provides a major obstacle to its adoption - what government would knowingly adopt a currency that would permanently depress output and additionally removed their regulatory authority?

I believe the above to be nearly insurmountable problems for bitcoin as a currency of the future. They aren't necessarily indictments of crypto as a whole, but they highlight the fundamental problems of bitcoin that are, by design, nearly unfixable. All in all, I don't see bitcoin ever approaching the extremely optimistic guesses people have for its long-term value. I think you have it wrong as you consider Bitcoin as the actual currency used for everyday transactions.

I think Bitcoin will take the place in crypto currencies that gold had in Bretton Woods. People don't worry about lending gold and interest rates on it.

Bitcoin has shown that it considers the blockchain holy and infallible. The currency for daily use will be based on Ethereum or something that has shown willingness to be flexible with the blockchain and where you have options to manipulate the supply. Most of what I say below will apply to other cryptocurrencies, but since we're in the Bitcoin sub I'm just referring to Bitcoin - other cryptos have different features, but the core functionality is similar.

This is also fairly high level ELI5-ish , so don't necessarily take it as investment advice or an absolute reflection of the network, but it can get you started. It's effectively like trading in a foreign currency. As economies do different things, the value of it relative to your local currency will fluctuate. The biggest difference here with BTC is that it isn't backed by a country, it's backed by a decentralized network that processes and confirms transactions - effectively a worldwide currency with its own economy.

Similar to a normal currency, it can also be used to pay for things - I've actually purchased goods with it because it was easier than sending a check or working through a credit card form. Also, since it's a general point of confusion, you don't need to buy a full BTC to invest in it.

Most people don't jump right in to buying a full bitcoin. Besides the capabilities of the currency, most of the hope around it going up is the fact that major institutional investors haven't really started investing in it yet - we're effectively still in startup investment phases, proving that it's viable before big banks and places like Fidelity start buying into it, which will increase the value.

Some financial advisers are also starting to recommend it, like CNBC clips have been popping up a bunch recently.

That recently got settled in a survival-of-the-fittest style split "fork" - with the change splitting off to its own network. It's a cool setup, since if the network can't come to agreement on something, it can just split off a branch and actually give it a try to see which option works best.

As an investor, that works similar to a stock split - you start off with one share, and wind up with two 1 BTC, and 1 BCH in this case. Most of the involvement from people here is in terms of just investing or using it for payments, but you can also setup a computer to verify transactions no monetary benefit, just helps the network , and even set up a device to process transactions "mine" Bitcoin - although that typically isn't profitable in the consumer space these days due to energy and equipment costs.

My involvement specifically is just on the investment side, although I think the backing technology is cool and try to stay read up on it I'm a software dude, using cryptography to create a self-regulating currency is just awesome. My experience from the US has been that it's pretty easy, but you should still take precautions, and don't expect to go from nothing to moving money around overnight. You still need to follow local regulations, tax laws, etc.

I think my initial "decide to invest" to "actually purchasing some BTC" timeframe was around business days, but now that it's all set I can pretty much purchase at the drop of a hat. Definitely ask around here if you want to know more. There's some occasional chatter about things like bank accounts getting closed or other things you might not expect, but if you just pay attention, do your research, and take precautions it should be pretty safe.

BTC is the more established currency. If you like the idea of money no one can censor that isn't expensive to use and has to middlemen, Bitcoin can be got for cheap right now! Look at suckers like me who didn't invest at all thinking it was going to crash eventually. I would've killed to be in your position at least.

Yeah I still made a good amount back, and im not really that upset about everything. Of course, confidence can get too high and then the bubble pops.

But one interesting thing about bitcoin's price history is that, so far, it has always come back stronger after a big bubble popped and this has happened 4 or 5 times already. Probably because everyone buys bitcoin as soon as the bubble pops, so the demand becomes stable again.

It seems the civil war is over. Bcash fork is done with, SW2X fork seems to have been called off, and Segwit is going to activate very soon which allows for the largest feature upgrade Bitcoin has ever seen unlimited scaling, instant transactions, make spam more expensive, more transactions per block.

Last year, I took the whole "In the future there will be two types of people: I just told my wife I'm 7x up and all she had was 'Why didn't you buy two? Seriously, though, I'm holding for ten years. It'll be worth nothing or I'll buy a house with it. Either way, I'll be laughing.

The first global currency. Technologically superior transactions without the corrupt distribution. In I sold around bitcoin.. I didn't even need the money then. If I kept it I could buy a fucking house. Instead I'm broke and unemployed now and my coinbase has.

I wanted to buy about back when it first started but I was outside the US where it was almost impossible to buy. I'm still kicking myself for giving up. While trading surged, however, the Only direct trading pairs for now, so no options, swaps and other derivatives; I try to make sure that for all exchanges I add I can ensure that the data is accurate, so it's good to have some sane API.

It's important to me that I can catch up with trades, it's nice if they can be as realtime as possible. Details below in the API Blockchain draws its data from Bitcoinity , but presents it in a slightly easier to use way. Unlike Bitcoinity , Blockchain only tracks three currencies: Blockchain also shows the BTC-e chat room in a small window, so you can keep up to date with all the gossip and discussion going on there. As with other sectors of the economy and in line with the changes in society, tax administrations worldwide are going through transformations.

These shifts are occasioned by the dynamism and complexities in the environments in which they operate, as technology and business models applied in the diverse economic activities equally evolve. Taking cognizance of these rapid changes, tax administration in Kenya has gradually been moving towards data and knowledge-based decision-making, thereby putting the Tue, 23 Jan Why can't I see my Tue, 16 Jan The number was simply astonishing, and it printed the reading of 3. However, the Euro-Dollar paid is still facing it's inevitable correction and this is purely because traders are quick on their feet to take Tue, 9 Jan Do your clients have a plan that identifies and addresses cross-border cyber-risks in their businesses?


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