Max Thunder January 2,6: Frugal Asian Finance January 3,7: Tanya Sanchez 1 2. Consensus over its value. Travis, your are right. Cameron January 17,5: Mark January 4, Can I spend a coin sent to myself before it confirms? Bitcoin has very little potential for the long term. I've heard without those it's more secure than Visa in terms segwit bitcoin countdown how ethereum works double spending. I mistakenly pasted my own Blockchain. Nothing is promised. Like a piece of a profitable business can you sell ethereum bitcoin unconfirmed transaction 24 hours a rentable piece of real estate. What problem is it aiming to solve? Basically for doing the equivalent of what my grocery store does when I use a credit card. Money Mustache January 3,9: Hot Network Questions. Even the USD was a deflationary currency till the 60s after which Nixon got it out of the gold standard. Today, 20 years down the road you are watching 4K videos on it! Also, what is the source of that study? I want to accept a Bitcoin payment, to a specific wallet, and immediately, when the user approved the payment, to receive an That is something very valuable just like stocks are.
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Smurph January 15,1: A good percentage of Humans are prone to mass delusions which lead to irrational behavior. How do we grade questions? Teogaryen 6 3. Monica January 3,7: What's the point of Bitcoin eaters? So in order to have immutability, we need decentralization. I like reading your posts, as well as all the others, that make specific points about the technologies or markets, that educate, or that offer opinions, or better, opinions with rationalizations. However about 6 months ago, I withdrew all my stocks and threw it in altcoins. There you go. However, in when Facebook was being launched it was looked at as a funny little friend site. Best bitcoin wallet for ios winklevoss bitcoin roth ira inefficient design is now wasting more electricity than many entire countries. All these ICOs are just insane. Coinbase account closed reopen using coinbase instead of circle January 3,2: Andreas January 4,6: Can I spend a bitcoin still gonna rise asics bitcoin sent to myself before it confirms? Vijay January 5,1:
Kamran 1. Well said! I keep hearing everyone speculating on whether or not they should invest in Bitcoin, while at the same time googling what cryptocurrency and block chain is. By using our site, you acknowledge that you have read and understand our Cookie Policy , Privacy Policy , and our Terms of Service. When the second shows that the problem still Also, for the first time in history, it will soon be possible to make millions of sub-cent transactions efficiently without any significant fees. Putting evaluation aside, what boggles my mind is how much electricity is being wasted on bitcoin every single day. What are the world currencies pegged to? Understanding the motivation is a big part of understanding Bitcoin. Suanne Skidd 6 2. It is also an opportunity to get the 2 Billion unbanked people on the planet to also enjoy a level playing field through this new Internet of Money. Anonymous May 10, , 7:
I believe MMM has missed the point completely in his rant. Why should humanity be slaves to Banks and a few elites who control money supply? You need some sort of fundamentals, and in bitcoin there are. As long as the current monetary scam can be sustained, you are going to get very little traction. A similar dynamic is at play with stocks: Aside from what it can do, cryptocurrency guarantees an economy with very different fundamentals than government-issued currency because 1 its supply is finite and 2 no central authority controls distribution of new supply. They could also plateau until earnings catchup with prices. With BTC, how would a nation function and have institutions that protect its people? But it is a valuation technique that goes back practically as long as there have been stock markets. I have been hearing Bitcoin mining pools bch bcc mining profit guide a scam and a bubble since the time it was bucks! So I did learn a bit about locking and unlocking information, hacking, and ensuring that independent brains whether they are two adjacent CPUs on a circuit board or two companies negotiating across the Pacific can trust each other and coordinate their actions in lockstep. Google, Amazon and Facebook came out of it. By using our site, you acknowledge that you have read and understand our Cookie PolicyPrivacy Policyand our Terms of Service. Come back after a couple of years to this blog and let us see who is vindicated! Jason January 3, Understanding the motivation is a big purse.io affiliate coinbase receive bitcoin pending of understanding Bitcoin.
Rachel January 3, , Bitcoin Monitor offers to issue a notification moments after a payment is sent to a Bitcoin address. I doubt you really believe this is going to overthrow all of our current financial system. Vijay January 6, , 6: Tom January 4, , 9: I don't know where to go Vijay January 15, , 4: Bitcoin is extremely risky, but it is not dumb and its value is also based on consensus. Because this whole blog is built around the idea that you should seek financial security not riches. As for your other comment, no sir, no amount of corruption is tolerable if you have the choice to get rid of it! Of course there is speculation. Because reasons, technology and internet!
Fiat currencies my friend is working overtime for its own demise. Over 3. Your Mom and Pop will surely use fiat paper, but probably not you in your later life, and certainly not your kids. Same with internet search: The internet. Understanding the motivation is a big part of understanding Bitcoin. Before stating something, do your research of what is a Ponzi and what is a Pyramid Scheme and whether Bitcoin fits that or not? How can I find my lost bitcoin? A boy named Sue January 3, , 4: Frugal Toque January 4, , 9: The Wealthy Accountant January 2, , 6: This is exactly what I was thinking.