Bitcoin Exchange rate

[3runhomer]

Is there talk/opinions, that Bitcoin could go back to $1,000?

Raiders...what type of value ranges do you see Bitcoin reaching over the next 12 months?

[raiders72001]

Is there talk/opinions, that Bitcoin could go back to $1,000?

Raiders...what type of value ranges do you see Bitcoin reaching over the next 12 months?

3run- Your guess is as good as mine with BTC prices. I would like to see the price stabilize to gain more acceptance. It's seems that the mainstream's fear is the price fluctuation.

[raiders72001]

Thanks Raiders. Was reading a blog article by a guy who thinks it's could go under 10 cents if bitcoin balloons to $1000 fast. Does that sound at all believable to you? Sounds like a fairly well established and supported coin at over $6, surely traders would support and keep it well over 10 cents? Or is this market really that volatile? Wish I had more time to get into this.

How easy is it for Americans to cash it out for dollars? Any exchanges like Circle where bettors could have it stored as fiat vlaue?

The volatility of the alt. coins is crazy. It's dependent on publicity for the most part. I really liked ETH because a lot of big corporations like the theory but ETH is taking a beating now.

To cash out or save in dollars you would exchange the alt. coin to bitcoins and go the usual route.

[raiders72001]

This was published January 6th.

1. Many who used the terms 'blockchain' or 'distributed ledger' will learn they actually meant Ethereum
Ethereum will begin to demonstrate its power as less effort is required on the protocol (given the successful version 1.0 release on 31st July, 2015), and more development is focused on decentralized applications.
Moreover, Ethereum browsers like Meta Mask and Mist and the uPort wallet and self-sovereign Identity portal will be usable by the 99.5% of the world who aren’t computer programmers, so the average user will not have to access Ethereum via command-line.
The price of Ether will be over $1.15 by 29th February, 2016.

http://www.coindesk.com/16-blockchai...dictions-2016/

[Ghenghis Kahn]

i was loving bitcoin then the drastic drop. ugh...

why max out at 21 million? not that it's a bad thing but just wondering where did they come up with this number from?

[dpeti]

i was loving bitcoin then the drastic drop. ugh...

why max out at 21 million? not that it's a bad thing but just wondering where did they come up with this number from?

The unit of account of the bitcoin system is bitcoin. As of 2014, symbols used to represent bitcoin are BTC,^{[note 2]} XBT,^{[note 3]} and .^{[note 4][42]:2} Small amounts of bitcoin used as alternative units are millibitcoin (mBTC), microbitcoin (µBTC), and satoshi. Named in homage to bitcoin's creator, a satoshi is the smallest amount within bitcoin representing 0.00000001 bitcoin, one hundred millionth of a bitcoin.^[4] A millibitcoin equals to 0.001 bitcoin, which is one thousandth of bitcoin.^[43] One microbitcoin equals to 0.000001 bitcoin, which is one millionth of a bitcoin. A microbitcoin is sometimes referred to as a bit.

21 millions means nothing, it could be 210 ,2100, 21000 if there would be another unit names too

[dpeti]

i was loving bitcoin then the drastic drop. ugh...

why max out at 21 million? not that it's a bad thing but just wondering where did they come up with this number from?

The unit of account of the bitcoin system is bitcoin. As of 2014, symbols used to represent bitcoin are BTC,^{[note 2]} XBT,^{[note 3]} and .^{[note 4][42]:2} Small amounts of bitcoin used as alternative units are millibitcoin (mBTC), microbitcoin (µBTC), and satoshi. Named in homage to bitcoin's creator, a satoshi is the smallest amount within bitcoin representing 0.00000001 bitcoin, one hundred millionth of a bitcoin.^[4] A millibitcoin equals to 0.001 bitcoin, which is one thousandth of bitcoin.^[43] One microbitcoin equals to 0.000001 bitcoin, which is one millionth of a bitcoin. A microbitcoin is sometimes referred to as a bit.21 millions means nothing, it could be 210 ,2100, 21000 if there would be another units too

[raiders72001]

and you'll see the price listed as mBTC a lot when bitcoin users are talking small values.

[Ghenghis Kahn]

what i meant was why 21 million coins max. after that number no more bitcoin can be mined right?

[dpeti]

what i meant was why 21 million coins max. after that number no more bitcoin can be mined right?

"If the mining power had remained constant since the first Bitcoin was mined, the last Bitcoin would have been mined somewhere near October 8th, 2140. Due to the mining power having increased overall over time, as of block 367,500 - assuming mining power remained constant from that block forward - the last Bitcoin will be mined on May 7th, 2140."

If there is a consensus (miners, developers, community) then almost everthing can be changed.

[ace7550]

It will take a very long time for them to mine every bitcoin because the amount the miners can mine decreases as they get closer and closer to 21 million.
Also, if anyone is interested in investing, now would be a good time to by Ethereum. It has certainly taken a beating recently but it will find traction soon and it has all kinds of potential.

[Memento]

what i meant was why 21 million coins max. after that number no more bitcoin can be mined right?

yes, so that it can be treated as a commodity and still used as currency. Sort of like being able to use gold to buy things.

[Ghenghis Kahn]

It will take a very long time for them to mine every bitcoin because the amount the miners can mine decreases as they get closer and closer to 21 million.
Also, if anyone is interested in investing, now would be a good time to by Ethereum. It has certainly taken a beating recently but it will find traction soon and it has all kinds of potential.

best site to buy ethereum? i'll buy a dozen just to play with.

[raiders72001]

best site to buy ethereum? i'll by a dozen just to play with.

https://poloniex.com/

[Ghenghis Kahn]

Oops.

That was an invalid confirmation URL. Please try again.

If you're having trouble creating an account please contact support.

lol i keep getting this message when i try to confirm my email. i don't know about this site. looks like a mickey mouse shop.

never mind, i guess my account has been created.

[raiders72001]

Exchanges trading ETH

Ethereum Markets


<button id="currency-switch-button" type="button" class="btn btn-primary dropdown-toggle" data-toggle="dropdown" style="font-family: inherit; font-size: 14px; margin: 0px; vertical-align: middle; line-height: 1.42857; cursor: pointer; color: rgb(255, 255, 255); font-style: inherit; font-variant: inherit; font-stretch: inherit; overflow: visible; border: 1px solid rgb(53, 126, 189); white-space: nowrap; padding: 6px 12px; border-radius: 4px; -webkit-user-select: none; position: relative; float: left; background-image: none; background-color: rgb(66, 139, 202);">USD </button>

<button id="base-markets-switch-button" type="button" class="btn btn-primary dropdown-toggle" data-toggle="dropdown" style="font-family: inherit; font-size: 14px; margin: 0px; vertical-align: middle; line-height: 1.42857; cursor: pointer; color: rgb(255, 255, 255); font-style: inherit; font-variant: inherit; font-stretch: inherit; overflow: visible; border: 1px solid rgb(53, 126, 189); white-space: nowrap; padding: 6px 12px; border-radius: 4px; -webkit-user-select: none; position: relative; float: left; background-image: none; background-color: rgb(66, 139, 202);">Main Markets </button>

1	Poloniex	ETH/BTC	$ 5,178,500	$ 7.34	54.29 %	Recently
2	Kraken	ETH/BTC	$ 1,541,650	$ 7.36	16.16 %	Recently
3	Bitfinex	ETH/BTC	$ 798,615	$ 7.35	8.37 %	Recently
4	Gatecoin	ETH/BTC	$ 770,006	$ 7.37	8.07 %	Recently
5	Kraken	ETH/EUR	$ 347,813	$ 7.34	3.65 %	Recently
6	Livecoin	ETH/BTC	$ 154,483	$ 7.32	1.62 %	Recently
7	Bitfinex	ETH/USD	$ 140,948	$ 7.34	1.48 %	Recently
8	Yunbi	ETH/CNY	$ 121,088	$ 7.30	1.27 %	Recently
9	Bittrex	ETH/BTC	$ 98,478	$ 7.36	1.03 %	Recently

[KVB]

[ace7550]

Oops.

That was an invalid confirmation URL. Please try again.

If you're having trouble creating an account please contact support.

lol i keep getting this message when i try to confirm my email. i don't know about this site. looks like a mickey mouse shop.

never mind, i guess my account has been created.

Poloniex is legit. I have been using Poloniex for quite a while and never had a problem. They got hacked in 2014, stayed open, and are more successful than ever: http://www.coindesk.com/poloniex-los...exchange-hack/

[Ghenghis Kahn]

yeah i believe you guys, it's just that initially, when they sent me an email to confirm, i kept getting that message and wouldn't let me confirm.

another note, can i just leave my ethereum coins sit there without doing anything for a long time?

[raiders72001]

yeah i believe you guys, it's just that initially, when they sent me an email to confirm, i kept getting that message and wouldn't let me confirm.

another note, can i just leave my ethereum coins sit there without doing anything for a long time?

yes. +22% in last 24 hours.

http://coinmarketcap.com/

[raiders72001]

4/30

The Ethereum development and design team and its far-reaching community are poised to replace traditional, hierarchical, centrally governed companies with the entirely new concept of a decentralised autonomous organisation (DAO).Some have speculated the acquisition of tokens to join "The DAO" may attract over $100m of ether (ETH), the native currency of Ethereum. No one saw Ethereum coming two years ago, yet it became the world's second largest crowdfunder at the time $18.9m. No time has yet been given for the start of the DAO token sale.
A truly decentralised organisation (equivalent to a blockchain company) means the individuals that form it stay in control of its funds, vote on its future and get rewarded when it succeeds.

http://www.ibtimes.co.uk/ethereum-re...ch-dao-1557576

[Ghenghis Kahn]

yes. +22% in last 24 hours.

http://coinmarketcap.com/

yeah i've been getting lucky with bitcoin and etherium. i just bought 13 when it was $7.34 to mess around wish i bought some more. lol

[raiders72001]

No idea what will happen with the price but the media buzz on ETH is crazy right now. Amount traded of top 4 crypto-currencies in the last 24 hours.

1. BTC $64m
2. ETH $31m
3. LTC $2m
4. XRP $340k

[raiders72001]

yeah i've been getting lucky with bitcoin and etherium. i just bought 13 when it was $7.34 to mess around wish i bought some more. lol

Nice

[Ghenghis Kahn]

i was starting to stack silver but you converted me into crypto currency. thanks for all your help...

[ace7550]

How much ETH do you guys own? I only have a few hundred USD worth. Cheers to crypto!

[ace7550]

ETHEREUM EXCHANGE
ETH/BTC

Last Price
0.02004180

24hr Change
23.03%

24hr High
0.02087000

24hr Low
0.01620000


24hr Volume:
43222.03392161 BTC / 2279412.89749666 ETH

[Ghenghis Kahn]

How much ETH do you guys own? I only have a few hundred USD worth. Cheers to crypto!

i just bought 13 coins and was gonna just let it sit there for couple years but i'm thinking about buying couple dozen more. just gonna see how it goes in the next couple weeks. i bought some silver when it was cheap, it's still cheap and safer but i think crypto currencies have a better upside.

[ANGRYBLACK]

So for lets do an example, and tell me if this is sounds correct:

Lets say I deposited 1 Bitcoin into a sportsbook when Bitcoin was valued at $450. A month later Bitcoin value jumps to $500. I decide to withdraw the original amount I deposited into the sportsbook at that time. Instead of getting back 1 Bitcoin, im going to get back .9 Bitcoin, correct?

So in reality, while I technically didn't lose money because I got back my $450 of bitcoin, I did actually lose money because if I would have kept it as bitcoin the entire time I would've made an extra $50. Basically lost .1 bitcoin by having it locked up in a sportsbook for a month.

It depends on the book you use. Try BTC only books. If you deposit $450 into NitrogenSports and it hits $500, Nitro sends you 1BTC. You exchange that 1BTC for $500. I only deposit BTC, it stays BTC in the book, and I withdraw BTC. I do this because I'm bullish on BTC until the halvening...

[ANGRYBLACK]

what i meant was why 21 million coins max. after that number no more bitcoin can be mined right?

Why not? Would you rather it be able to be printed out of thin air like USDs? Having a max quantity leaves no max on value, as opposed to the dollar...

[ANGRYBLACK]

No idea what will happen with the price but the media buzz on ETH is crazy right now. Amount traded of top 4 crypto-currencies in the last 24 hours.

1. BTC $64m
2. ETH $31m
3. LTC $2m
4. XRP $340k

Dunno WTF is going on or how little old ETH moved $31M. I have 100% faith in BTC. My only worry is losing $$$ by avoiding ETH all this time. Honestly, I see all cryptos as a joke except these two.

[3runhomer]

I need to get on this ETH train this coming week! Wow

[UBNVS]

What is the limit at coinbase for debit card deposit?

[Courtesywipe]

What is the limit at coinbase for debit card deposit?

Mine is $300. Only $60 at Coinbase though

[3runhomer]

What is the limit at coinbase for debit card deposit?

Limits easily increase as you hit certain milestones...