This has nothing to do with a sidechain.
LIke the title says, what would you call it. |
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I am amazed that there are all these conspiracy theories, predictions, and prophecies being throwing about and not a single reference to the obvious connections between the "mark of the beast" prophecies mentioned in the Book of Revelations:
Revelations 13
16. "It also forced all people, great and small, rich and poor, free and slave, to receive a mark on their right
hands (cell phone?") or on their foreheads (memory?),
17. "so that they could not buy or sell unless they had the mark (BTC daemon?) , which is the name of the
beast or the number of its name (BTC address?)."
18. "This calls for wisdom. Let the person who has insight calculate the number of the beast, for it is the
number of a man (algorithm?). That number is 666 (iteration?)."
I am just amazed that with all of this conspiracy rhetoric nobody threw these religious prophecies into the mix.
Many people believe the bible is not a book to be followed.. but to be used for exactly this. |
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Visa or others could help with the transaction # problem. A company could accept BTC directly and also accept it via VISA but only get it paid out once or twice a day to keep the transactions down.
Visa would have to become like a bitcoin "bank" though. As you would put your BTC into your VISA account and spend it like you normally would except VISA starts agreements with companies to pay them out once or twice a day. The draw for this could be each transaction a VISA user does costs a lot less to do than on the bitcoin blockchain.
I dunno.. probably suggested before but ya lol.
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Kwukduck is still having a mentally breakdown; he sold his coins for $10...
At least he is honest about it. |
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He is clearly talking to the day traders..... I don't know why you're all freaking out.
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OP is probably right.... There is a massive shake out coming.
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There is no such killer application for bitcoin. Let's face it, Bitcoin's benefits over fiat are currently not big enough to justify switching to it.
There is no need for a killer application for bitcoin. In fact, bitcoin itself is the killer application for the internet. What was email? Just communication. What was the web? Just media. What's bitcoin? Money. What is the most important thing* in the lives of billions of people on this planet? Communication? Media? Money. * well, there are other things that might be more important than money. Work. Food. Health. But we have yet to find ways to leverage the internet for them. one was correct here, about portraying bitcoin as a next natural step among the technology changes in the last century or so bitcoin can be pictured as the natural step of money system with its decentralization "feature" but this also mean that there will be an evolution of bitcoin in the future... I agree with this. What I am trying to say is, what potentials this brings are uttely unfathomable just like when the ENIAC went online. If you told someone that it would be the size of my hand and I could watch COLOUR videos on it the entire room would burst into laughter. |
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Just going to Ignore the fact that for 56 YEARS computers where thought of never having a greater impact than the fax machine..
FIFTY SIX YEARS
At least get your quote correct. Krugman said that about the Internet. In, like, the 90s Okay nothing more than the TV, radio, phone, take your pick of items. It wasn't suppose to be specific about the fax machine. You just 100% proved my point......... How can you not see that.. ENICA created in 1946... Krugman in the 1990s... about FIFTY, FIFTY, FIVE ZERO years later says that... Soooooooooooooooooooooooooooo how am i wrong? I added 6 as in 2000 people still had little idea how big it was going to be, change it to 50 if that floats your boat. No one knew in 1946 what the ENIAC was going to become. To even suggest someone thought you would have one in your pocket is ludicrous. |
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Just going to Ignore the fact that for 56 YEARS computers where thought of never having a greater impact than the fax machine..
FIFTY SIX YEARS
Fact? Where did you read this? Provide the source. There are few stores, and the ones there are offer their goods/services for the same price in Bitcoin than in Fiat. Why would a regular person go through the hassle of getting educated about Bitcoin, then using fiat to buy some, then buying with Bitcoin? It has no inmediate reward for that person.
Bitcoin is not about discounts. I see that not a fee people feared the spread fear about a fork but XT failed because Hearn and his stupid ideas. If it would have not been because of that i'm sure they would find more and more supporters.
One has to be really special to support something like that. The source?!?! Why is a source needed.. you guys can not possibly be suggesting the creators / users of the ENIAC knew computers would change the planet this much. You've got to be joking. |
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S7 is the best miner out there.. Why wouldn't you buy from Bitmain..
Buying from a distrubtor that is charging LESS than Bitmain should be a serious warning to you... If it's not perhaps you're not ready for mining. There are a lot out people out there that want to steal your money.
I would consider looking for an S3 from Kijiji or an S5 as they will probably beat the S7 GH/$ wise.
Might want to look int othe fine print of power usage. Lots of places sneak in if you use more than X they are going to charge you.
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Leveraging Bitcoin is like the worst idea in the universe. Far worse than trading altcoins, which is actually safe in comparison.
A lot of people are going to lose everything and the future income for the rest of the lives due to trading with leverage. The finacial bullshit in todays world is 100% criminal. Eventually reality will come in like a nuke and smash the greedy ones. |
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Just going to Ignore the fact that for 56 YEARS computers where thought of never having a greater impact than the fax machine..
FIFTY SIX YEARS
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Could be a good way for the govs of the world to steal all of the gold and silver from the people.....
Get ISIS to use it or atleast have the sheep of the world believe it. Ban all owning and using of gold and silver.. 10 years later they control all of it when they allow ownership again and make a killing selling it back.
Crypto all the way for this reason as you can hide it from the pigs.
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The first computer was invented in 1946.
In 1990, almost no one had one in their home
2000, most people owned one.
2015 everyone has one in their pocket.
Time is a tricky ******.
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So let me get this straight guys.
People have speculated he has 1.5 million coins worth right now $566,490,000.00 USD
...
That number seems to grow over as time goes on. A year ago it was estimated that he had half that number of coins. It's 100% known he has 1 mill coins min, they have never moved, mined to known addresses. People are estimating coins mined to unknown addresses. |
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If he lost the private key, it would be better for us all... The reason why I am saying this is A. Satoshi will have to reveal himself/herself to spend those coins, and that will not be good for us. The people hunting Satoshi, needs to put a face to the person, and this might trigger that. B. If those coins are spend, the price will drop significantly.... to the levels where it was in the early days. A lot of people will lose a lot of money. Just imagine if you bought bitcoins at $400 and the price drops to $0.20 cents.  It is very unlikely that the price will drop that far if he starts moving any coins. I guess it is even more unlikely though, that he will start moving any coins as it will indeed put his project at a serious risk. Maybe the coins should just be send to a burn address to get rid of them forever. That's a potential of 7% of all BTC that could be pushed at once.. it would spook people. The price would react 100%. The only person that can send them is one that knows the private key. |
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They don't use money, they use trading system. I heard they exchange women.  These gold, silver and copper coins are being used by the ISIS thugs as a form of money, and not for barter. The only issue is that right now they are facing a severe shortage of gold and silver. That is why they are allowing the usage of the Iraqi Dinar, the Syrian Pound and the Turkish Lira simultaneously with their own bullion coins. "gold, silver and copper coins"? Good for them. this should be fun to watch. Debasement will follow soon. It works the same way with every governmental coinage. And can we all spell "Gresham's law", yet? Let's see how those thin-skinned Islamic highjackers of Islam react to the shorts when the shorts punish holders of the currency who ignore or deny the debasement. This guy gets it!! Just like every other gov they will run out of funds. Now with the world watching turkey they don't have many people to sell their oil to. They will start mixing gold and silver with base metals, they will attempt to use force to ensure a 100% gold coin is the same value as a .001% gold coin and they'll be a laugh joke. HOWEVER turkey is still dying to get all they cheap oil they can so once all this Russia stuff blows over they'll start buying at double the rate they where. Nato allowing turkey to be their ally shows we are just as bad as Russia. |
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