This is just because the volatility of recent times causes shareholders to get nervous.
Technological improvements will deal with fees in the near future.

 

You don't understand one bit of how the economy and the banks work. That's why you hate Bitcoin. Try educating yourself first before posting complete crap. I've no intention to offend you, just to point out that you can't discuss the things you don't understand. "Google up" as they say. If you really want to be in the know. But first "Google up" how the banks work. Then you'll understand that it's no different. A value of something in our society is already imposed on you, no matter what it is. Printed paper we call money. It's just a next generation of imposed value that can lose its value in an instant if something really serious happens. Then you can kiss your value goodbye.

I don't get it how only a few people can get this simple shit. Is the whole world so dumb?

 

Also growing every day... thanks for asking
...sometimes it hurts to see how much they grow

 

I just came back and saw my post. I think it sounds too harsh. My apologise to ia. I could have worded it differently.

The thing is I really get annoyed with people at forums these days, especially with those who don't know what they're talking about, but still speaking against something they know nothing about because it's "trendy". It's really sad. And those posts usually consist of only a couple of sentences with some bold or caps locked words. It's classic trolling.

Maybe I'm just getting too old and grumpy... I just got trolled on KVR, too.

 

Down with bitcoin! it's quite literally destroying the environment, fuckin' stupid system...

 

to play devils advocate here...aren't banks destroying humanity? Turning us against one another?

 

Banks = Capitalism = Bitcoin

Bitcoin is one of humanities most stupid inventions, some of the dumbest shit I have ever seen... hide under your rocks mining your stupid bitcoin...idiots

http://money.cnn.com/2017/12/07/technology/bitcoin-energy-environment/index.html

 

Ok, sorry! As you say there is no difference between bank system and bitcoin. But in the case of bank system money is a debt. But what bitcoin is? Computetional power? Blocks of blockchain? How exactly the cost of bitcoin is related to value? What makes bitcoin cost so much? And why to buy something you need to get dollars first?

 

Yikes! It's gone up 22% since that comment was made 10 days ago

 

Have never seen you so violent bro, almost fell off my chair.

 

Just my 0,000001 coins....At the present status, it could be smart to buy a cheap, but powerful computer, and make it work for mining. If the bubble continues to grow, or if it isn't a bubble, and if your wallet won't be compromised, hacked, or stolen, it could generate a small but considerable income, at least to pay off the hardware. Until now, mining was not very lucrative with a single machine, but since 100 microcoins are a dollar, it could be. At least, if one has a gaming pc, one could use it's graphic card for mining, and earn money with it instead of spending.

I for my self won't do it, I have no time or talent to specialize in such things. BC could be a future for people who won't go out and work for others, with that I sympathize, yet it's simply wasting resources to generate money. But what I really do not like with BC is its past with ransomware attacks, starting in 2016, if I'm not wrong. Those people have robbed thousands of users, and they are now rewarded twentyfold, still without any risk to be captured. A currency that is so untraceable in times of 'Big Brother is watching you' should be really put in boundaries. And I bet, if someone manages to do that, the demand for BC will fade, and so its worth. Because I think that the anonymity behind BC transfers makes a big part of its attraction.

However, I am of course unhappy that I have overslept that trend, and I envy people who bought, say, 1000 BC years ago just for fun, and could retire today because they have now 10 M $ (although it shouldn't be easy to convert that sum into real cash). But I decided to continue this oversleep and let the people enjoy their hype, as I wouldn't have gone to Klondike when thousands of diggers were already there, fighting for every square meter in the wilderness. Who really got rich then weren't the diggers but the tool traders and the robbers. And of course, Onkel Dagobert (Scrooge).

Today I could buy not more than 1 BC with all my savings, and where is the fun in that ?

 

From what I understand, Bitcoin, or BTC is regarded currently as a store of value (like gold), and alt coins such as Litecoin, or LTC are regarded as currency. There are also literally hundreds of other alt coins out there, some with better far better tech than BTC, including strong and hard working teams behind them...

Just take a look at coinmarketcap.com and you'll see just how many there are out there.... There certainly are some crap-coins out there, very much scam oriented, however with some educated discernment, you'll discover which to avoid, and which will go very far -- and which ones have the potential to literally change your financial status for the better. (or worse lol)

After skimming through the past 5 pages here, it is apparent that there are a whole wack of ignorant people who have absolutely zero-clue about an entire ecosystem that is out there that is well poised to change the way the entire world transacts and stores value... a little research and could do everyone wonders - you'll notice there is something truly grand unfolding right in front of us. Get over your fear of missing out, or your pessimistic selves, do a little research and learn something.


my 2 mBTC

 

May I join this "serious" discussion with a different take:
Bitcoin is a just one of many block chain products that strong AI is creating and will increasingly create to lure people into digital "freedom" in order to take full control over humans and of the resources of this planet

 

What a childish comment! Some of us are making good money from bitcoin, if you have other ways of making good quick money then please do share.

There are companies that make millions from bitcoin mining, big operations, mining is no joke. Your attitude is a joke though.

 

He's been infected by CNN

 

And then it might not. CPU (even GPU) mining ain't been viable in a coon's age. Would cost you about 10 bucks in electricity (guessing) to mine a penny's worth.

 

Well, In real life I would probably rip his heart out with my teeth, but I'm trying to keep it civil here...
I'm actually like a crazy version of Ozzy Osbourne, or a mutant between him and Al Jourgensen.
But you cannot tell that from my avatar as I'm wearing glasses.

 

Last edited: Dec 9, 2017

https://bitcoinist.com/bitcoin-price-breaks-20000-on-cex-io-exchange/

it was so easy to predict

guys get into this cryptoworld!

understand the value of the blockchain technology!
this changes everything and is the solution in making money with music.

Keep in mind:

while bitcoin/CC transactions are the securest thing we know, everything around it is full of sh!t like nothing else before.
malware on pretty much anything especially phones, mining freezers/routers/washing machines/TVs and what not.....

mining pools that rip you off, youtube is full of "financial experts" explaining how to make money.....
meanwhile they just want you to join some scam site over their referral link...

wallets are not 100% secure...

this is as fishy as it can get, full of scam and ripoffs!

remember, even if unlikely, bitcoin can get to 0 in about 2 hours, be ready to loose everything!



but what this will mean for musicians in the future, is just mindblowing, blockchain is not just for money, this technology can be used for pretty much everything.

imagine a world where you get payed for every millisecond your track was played anywhere, or if your sample is used you get paid accordingly
even plugin developers, this is just so awesome, what a revolution in pretty much every sector!

this could be it! a fair world where you get what you deserve without doing anything special!

Blockchain Could Help Musicians Make Money Again

http://myceliaformusic.org this is the project by Imogen Heap

 

Ah, no further recommendations for buying Bitcoin atm. A ~70% plummeting seems to be enough for them to vanish.
Was $20.000 in December and $6.000 today. Bitcoin is not investing, it's gambling.

 

Last edited: Feb 6, 2018

actually, no better time to buy than now.