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I would buy now at bit2c but Israelis live in the currency currently worth 60 $, meaning 60 * 3.6 = 216 but there is just over 300 (right at the moment writing the message) ..

Note that it is only 125 worth in mt.gox (which froze trading)

On the activity exchanges it is approaching $ 50 ..

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I know very well what Ponzi is. It has long since become synonymous with the running of worthless things (at all or at all). It's a more catchy name than 'Tulip Panic'. Bitcoin has no shred of value. point. A bunch of id

I wanted to read the article but the site did not allow me to pay in Bitcoin for the Powell.

We will then conclude that a distributed, non-blockable, open and transparent system that allows (among other things) immediate payments in any amount and without any intermediary is worthless.

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I would buy now at bit2c but Israelis live in the currency currently worth 60 $, meaning 60 * 3.6 = 216 but there is just over 300 (right at the moment writing the message) ..

Note that it is only 125 worth in mt.gox (which froze trading)

On the activity exchanges it is approaching $ 50 ..

They do not live in a movie, on the contrary. They understand that trading in Bitcoin depends on supply and demand. At present, thanks to the freezing of the activities of most of the money changers in Israel, the only way to achieve Not through foreign stock exchanges is to rely on strangers of one kind or another. And demand exceeds supply by a giant. It's like the automotive market where price lists are just a recommendation, but the real price can be changed in many percentages. You can check at localbitcoins.com you might find there sane prices.

In addition, as I see it, prices on stock exchanges today do not reflect the reality, since the strong blow that the currency took in the wake of the massive sale did not adversely affect the demand for it, which continues to rise. The stock exchanges also experience problems due to the increase in volume. If MTGOX stops trading due to the need to upgrade servers to meet the load, then small exchanges will suffer even more. And it only shows the strengthening of the currency, not the crash.

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I believe he will have some difficult time and then he will fly back up.

In any case, the various stock exchanges must adjust themselves and limit the volume of trade to each user, it is not possible that one person who bought a considerable amount could play in the market (which seems to me what is happening now)

In addition, every stock exchange should put aside a price bar from other exchanges, so it will prevent the phenomenon of buying in one place, transferring to a wallet and another stock exchange, where the price is higher and sell.

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The stock exchanges also experience problems due to the increase in volume. If MTGOX stopped trading due to the need to upgrade servers to meet the load

Right now, thanks to the freezing of most of the money changers in Israel, the only way to get Bitcoin through foreign stock exchanges is to trust some foreigners or others. And demand exceeds supply by a giant.

This may be a deliberate move to reduce the currency,

In any case, the various exchanges must adjust themselves and limit the volume of trade to each user, it is not possible that one person who bought a considerable amount can play in the market

http://www.ynet.co.il/articles/0,7340,L-4367100,00.html

The freeze has nothing to do with servers An artificial move that is supposed to regulate trade - exactly what you all claim can not be done in such an ideal currency because it is "decentralized" and without "central authority." Who controls these stock exchanges? Who produces the artificial supply shortage? This is even worse than the regular stock exchanges because you can still have some influence (no matter how small) through the government and law systems in the country.

The same is true of the transactions that rock your stock exchanges and your money without control - the absolute anonymity and lack of address / responsibility make the trading arena wild west.

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There have always been and always have been classes (even some experiment in the 90 or 80, in which dozens of young people from all over the United States gathered in the commune that the researchers worried about the young people's economy and were forbidden to work and / or earn anything beyond the framework of the experiment) Some of the members of the commune over their comrades in the commune, and the very fact that they feel inferior to the same group)

There is no connection to the "classes" - the thing is that the entry threshold for the currency is but today almost depends only on how much "real" money you already have and how many suckers will follow you that at the current rate of mining the Bitcoin is almost worthless unless its value rises by hundreds of percent. It only perpetuates the existing classes, perhaps apart from a negligible minority entering very early and only on the assumption that it will become significant according to 10 or 100 than it is today.

- It's not from the air but from the very hard work of your computers .. (whose time increases as more coins are sold.)

Already, the rate at which an average person achieves + is almost negligible and very quickly will become irrelevant once heavy players with ASIC server farms enter the picture, machines that are out of the reach of most people.

- the programmers and / or the programmer who created the coin (and has since disappeared).

[/ r] [/ r] [/ r] [/ r] [/ r]

Still coming out different clients, ASIC and this is really not the end of the story. Someone programmers, manufactures and defines them.

This is in addition to control through "freezing" stock exchanges and the like.

"It seems to me that Shavitkin is preferable to the given situation, in which 2% ~ hold 98% ~ of capital[/ q]

At present Bitcoin's market share is negligible and the really big players (those 2%) are not there yet.

What I'm afraid is that the very essence of the method will cause Bitcoin to be even worse, only everyone here hopes to be just on the side of those 2% just because they were smart enough to get in early. This is a legitimate aspiration just do not think it will be any better in any other sense.

After all, because it is money "just like regular money" besides regulation, what will stop the phenomenon of bubble-raising, loans inflows, haircuts, crashes and more?

In our ultra-capitalist world and with enough interest in an unregulated and anonymous currency, a situation could well turn into a legitimate currency on a global scale and some of the society here who bet on it from the beginning will get rich, but I do not see how it will change anything for the general public.

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But really it is impossible ..

If you wanted to sell coins you would go to one of the other exchanges, open an account and sell .. (Same as above if you wanted to sell)

post Scriptum -

There is no doubt that stock exchanges are probably not connected to each other and should be corrected.

http://bitcoincharts.com/markets/currency/USD.html

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Sorry for the double ..

There is no connection to the "classes" - the thing is that the entry threshold for the currency is but today almost depends only on how much "real" money you already have and how many suckers will follow you that at the current rate of mining the Bitcoin is almost worthless unless its value rises by hundreds of percent. It only perpetuates the existing classes, perhaps apart from a negligible minority entering very early and only on the assumption that it will become significant according to 10 or 100 than it is today.

Already, the rate at which an average person achieves + is almost negligible and very quickly will become irrelevant once heavy players with ASIC server farms enter the picture, machines that are out of the reach of most people.

Still coming out different clients, ASIC and this is really not the end of the story. Someone programmers, manufactures and defines them.

This is in addition to control through "freezing" stock exchanges and the like.

- The one that froze one stock exchange did not say anything were more active exchanges and the price at night reached 45 $ ~ and there was a deal for 1.26 if I'm not wrong

At present Bitcoin's market share is negligible and the really big players (those 2%) are not there yet.

What I'm afraid is that the very essence of the method will cause Bitcoin to be even worse, only everyone here hopes to be just on the side of those 2% just because they were smart enough to get in early. This is a legitimate aspiration just do not think it will be any better in any other sense.

- I looked at the extreme situation, which seems irrelevant at the moment .. (and those who bought at first could not know in any way, what was and what will be ..)

After all, because it is money "just like regular money" besides regulation, what will stop the phenomenon of bubble-raising, loans inflows, haircuts, crashes and more?

- Hairstyles belong to the world of Agamim - regardless of one currency or another, as the rest of the phenomena ..

In our ultra-capitalist world and with enough interested parties in an unregulated and anonymous currency, a situation could well turn into a legitimate currency on a global scale and some of the society here who bet on it from the beginning will get rich, but I do not see how it will change the general public

- I do not think the rich will want Bitcoin to flourish, because it is possible that they will lose some of their heart. (After all, the government has no problem controlling lobbyists and "fat" job proposals to senior government officials and public representatives)

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http://www.ynet.co.il/articles/0,7340,L-4367100,00.html

The freeze has nothing to do with servers An artificial move that is supposed to regulate trade - exactly what you all claim can not be done in such an ideal currency because it is "decentralized" and without "central authority." Who controls these stock exchanges? Who produces the artificial supply shortage? This is even worse than the regular stock exchanges because you can still have some influence (no matter how small) through the government and law systems in the country.

The same is true of the transactions that rock your stock exchanges and your money without control - the absolute anonymity and lack of address / responsibility make the trading arena wild west.

This happens for the simple reason that there is really no confidence in the currency. Many people have come to make money, not to buy them as a reliable economic means, but as a foreign exchange investment, a quick economic adventure if you want ... and so it seems.

Also, there was an unreasonable jump in the price of the currency relative to the dollar recently, the so-called bubble. And such a bubble would explode quickly. Here's a nice table that you'll see:

http://bitcoincharts.com/charts/mtgoxUSD#rg180ztgSzm1g10zm2g25zv

Can be exchanged and tested on other exchanges.

It was simply an abnormal growth in dollar value.

In the future, will we see the Bitquin becoming the status of a real currency? Which seems to be growing logically and correctly into a real currency? All that remains is to wait and see.

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And again - who determines what is "normal" or "logical"? Who's on the counter of currency trading? Who decides there is a "bubble" that needs to be "blown up" and what means to take?

Have you seen the article on the derivatives market that rolls according to 20 I think the total global product (~ 1400 trillion)? It does not "make a round"? Someone freezing the stock exchanges?

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Bubbles do not explode because someone decides it's time, they explode because people lose confidence in something specific or discover that it's not really worth what they think is worth it.

All the complaints you have towards BTC are derived from how money works. If it does not suit you, no one forces you to enter and invest.

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I do not have a single complaint against BTC or about how money works : nixweiss:

I'm just trying to make clear (mainly to myself) some points about BTC that indicate that the statements about how free, impartial and free of the "true" money patients are not really related to the reality that in practice is much cynical and does not change anything significantly.

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Currency will not change the human nature. Bitquin only puts the power in the hands of its users alone, including those who hold thousands of such coins.

The only effect on the currency comes from its users, for better or for worse. At the moment simply fell confidence in the currency.

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A coin will not change anything, but our sages have already said that "a burglar calls the thief" and the character in which it is defined and managed creates conditions that are very similar to what happens in pyramid schemes and certainly does not create a better situation than what exists today on the stock market and the "real" money.

Entering the BTC at the moment by buying "regular" money is just like investing in the stock market with the most volatile and risky shares. Even worse, there is a certain potential to make huge profits, but also to erase everything you put in a second.

It is almost irrelevant now that the difficulty is no longer meaningful, unless you have a lot more than average.

Of course you can gamble long term (like on shares Before 10 years or Google shares) and potentially earn lots but again - it's equally true to invest in any standard stock on the market today.

The bottom line is that I am very trying and not really understand what continued to invest in the BTC as of now compared to investing in any other "ordinary" share.

Other stocks have at least something behind them that you can examine, analyze your best and bet accordingly.

The BTC has nothing but pure faith to the best of my knowledge ...

On the other hand, an anonymous, unregulated and easy-to-manipulate financial tool can certainly appeal to many elements that roll billionards (mafia, porn, terror, oligarchs, politicians), and this is probably the safest bet there is today for the success of something : Lol: Let's ride the wave ...

And again I ask - who manages the BTC exchanges and trade fairs? Private / commercial entities / stakeholders? who will?

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I'm mostly thinking of something else about Bitcoin

If the mining is used to approve the transactions and it is also impossible to approve transactions without mining

What will happen when the difficulty of mining will be so great that it is very, very unprofitable to mine. Will it be possible to make deals if no one miners?

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tmpusr:

The point is that most of the public views the currency as a speculative investment, an opportunity to strike, while the original idea was to turn into a stable and acceptable currency that is supervised by a stakeholder body.

So at the moment the currency is not stable, but one day the Bitcoin or one of his spiritual heirs may be a real economic method that will threaten and perhaps even destroy the existing national currency system. And that's the goal.

TheReaper:

An interesting question that I would also like to hear answered.

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