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Can't you just give us a summary or quote what he wrote here?
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Everyone one try to be on top, bitcoin holders is no different.
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Not really our problem or concern.
Let them do whatever they want in their own country and stop them from coming into our country and shit on our backyard.
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Any address can be tracked easily. But the owner of address is anonymous. At some extent it is still anonymous. We can generate as many addresses as we can to receive BTC instantly with no one knowing the owner.
Yes, as long as your address(es) is(are) not revealed you are "anonymous". You could still be tracked (IP, exchanges, etc) but it would demand some effort. Getting court order to subpoena exchange can be done fairly easy with patriot act. |
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Are you really that stupid? Hmm.. let's see: 80% of world lives in more or less homogenic populated areas/cities/countries - guy on bitcointalk thinks his Office of 5 different nationalities is the world norm.  Yes. US and Europe experiment on multi-culture society failed miserable. |
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Bitcoin makes internet transaction more convenient and cheaper. But we can live without it.
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The money is being used on law enforcement, which hire local and put money into community.
This is part of his stimulus package? Why doesn't he just order every American to be anally probed. The probes being manufactured in America could put 1/2 million people to work. This will work also. |
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there are other countries that charges up to 3% for bank deposits above 1,500 usd, so i think 0.03% there is no reason to complain, but anyway another reason to use bitcoin.
The spanish goverment has been taxing everything they can for the past few years, and it is a reason to complain. In terms of "reason to complain," yes, I think taking any percentage no matter how small from bank deposits is a reason to complain as it's completely unfair. There has been a principle that once you have money, it's yours, and you can save up in the bank etc. and grow your wealth, and if you work hard enough you can make something of yourself. On the other hand, I wouldn't see an uproar of .03% of deposits being taken, but it does open the door to major problems in the future. I would certainly protest, as loudly as I could, if the US did something like that to my money - even .03% There are many tax problems here in Spain. For example, when you inherit something, you are taxed. A lot of family members lose money because they get taxed for more than what they inherit. Another example: If you don't pay your mortgage, your house/car/whatever gets confiscated, and they sell it, and if you still owe money, you still have to pay it, correct? Nope. Here in Spain, the banks "lend" you money. For example, I owe a bank 30,000€. I stop paying my mortgage. They "lend" me 30,000€, so my mortgage is completed, but I never actually see the cash. This new loan is also a mortgage, but they don't call it that; they call it a "personal loan with property as collateral". This new loan has a higher interest rate, and I have to get taxed because those 30,000€ are capital gains. I don't even have money, and now I have to pay even more debts. I love my country, -.- I don't think tax code work this way in any part of the world. Should consult your accountant and lawyer. |
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The money is being used on law enforcement, which hire local and put money into community.
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For daily income, check out exchanges that let you lend.
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I lived in Thailand and BTC was never really banned. There have been other exchanges, namely BahtCoin running uninterrupted for quite some time. With that said, this is a much better exchange and I'm glad it's back.
Thought bitcoin was banned in Thailand last year. |
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You watch too many sci-fi movies. There is no such thing as storing someone consciousness.
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you can´t compare the current Bitcoin with Bitcoin when it started  Today there are millions of venture capital coming into the BTC world, many exchanges etc. Everything has matured and the big volatility with several market crashes won´t return in my opinion. The issue is not bitcoin price crashes. Several posters have pointed out the order book on Bitfinex is quite thin compare to the number of active swap they have. |
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Day trading has close to 100% failure rate.
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The key is mobile phones. Mobile phones with cellular coverage and internet are more and more common in developing economies and are a lot more simple to use and affordable than home computers. Even without cellular coverage or service it is still a matter of just scanning QR codes until you do have service (of course this implies a certain level of trust with no confirmations). In the Infinitecoin project this is one of the areas we are trying to focus on. As a large cap altcoin, each coin is more numerous and affordable, and there is a new block about every 30 seconds so confirmations are fast. If you want to check it out Infinitecoin has an android mobile wallet in the Google play store. If you send me a PM I will give you a few so you can try it (please no addresses posted here it is against forum rules, and I will not pay anything to them). https://play.google.com/store/apps/details?id=de.schildbach.wallet.infinitecoinUltimately a system that could reach developing economies could make strong independent cells of local barter economies that can still connect with the global economic system with ease. To country's with no banking system to speak of, this is a big opportunity to have access to the world economy. Building a cell network is much less expensive than a copper or fiber optic network. Cell phone use is increasing dramatically in 2nd and 3rd world countries. With a trusted wallet a good portion of the developing world can all ready use bit coin. The biggest issue is educating them about it. This will likely (IMO) be how the internet will reach much of the world in the future. This would also be how bitcoin must be used if it will ever be used in day-to-day transactions as many purchases are impulse buys when shopping. Bitcoin is too volatile to use as a currency. |
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To get someone into bitcoin, you will need to explain how money is created and why the system is evil.
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Let this thread fade away gracefully.
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Its possible to take swap but never pay for it. That's the pb.
Also, since a year ago, we've increased by about 600%. It would be very possible to leverage long on that with a 200% interest rate.
The increase in price would not be a guarantee while the interest costs would be guaranteed. High interest costs like the cost in your example would force a trader to need a large upswing shortly after opening his position or risk gettting a margin call. nobody is going to hold swaps at these rates for a year. every day those swaps eat away at your margin position, and every day your margin call gets higher. If prices go up at a gradual, consistent, pace with few to no downtrends then it would make sense, but no asset price acts this way. This, and more importantly I think, as someone mentioned, exchange risk. Just look at Gox and some of the other exchanges/businesses that have gone belly up or run with customer money. It's still the wild west out here. It make more sense for exchange to stay honest. Mtgox blows it big time when Mark can sell the entire business for over 200M but choose to defraud customers. Bitfinex can probably sell for at least 70M if the volume is true. |
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Which Chinese exchange let user lend?
OKCoin and Huobi (through BitVC). I thought okcoin and houbi only let users borrow and not lend. |
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