For me BTC is investment. I joined several signature campaigns until now in order to collect some BTC. Now, I keeping this BTC in my wallet with hope that value of BTC will raise again, so that I can sell it for the good profit. Some of this funds I cash out through exchangers and invested in other internet businesses. I don't have interest to buy something with BTC right now.
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I lived a short time in America and saw things that are unthinkable in Europe. Whites lives mainly in the rich suburbs of cities, black people in poor houses or buildings in the center, white people generally drive in the cars, black people in public transport etc. The difference in living standards between blacks and whites is huge and it just creates resentment and anger among blacks. Related to that, white people get better paid jobs, they go to better schools etc. These are great and the structural problems of American society that can not be easily or quickly resolved. The recent massacres are unfortunately only one of the consequences of these accumulated tensions in American society. I'm not optimistic that this problem, which has not been solved in the past 200 years, would soon be resolved and that blacks and whites will be completely equal in American society.
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I really respect Warren Buffet, he is really investment genius and very successful businessman but in this case he is wrong about Bitcoin or he understand potential of BTC and because of it he is against BTC. He was very old, and the question is how he understands the potential of new technologies in the market. It is possible that he realizes the true potential of Bitcoin but does not like long-term consequences of accepting Bitcoin by the growing number of users, and so he is trying to stop the growth of Bitcoin. He still represents traditional investors and the old methods of investing and probably don't want to see new players in the field.
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I also think that effect on BTC will not be big because there is no direct connection between Greece and BTC. Also, Euro and Bitcoin are not in the same market. Of course if Greece choose to replace Euro with BTC everything will change dramatically but we don't see such announcements from leading Greek politicians. They still trying to stay in Euro zone or in the worst scenario ring back their old currency- drachma. Too bad really, this was a unique opportunity for Greece's political elite to make a real turnaround in their fiscal policy and move to the right alternative- bitcoin.
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I think Russia here plays a very clever game. Currently, Russia is quite isolated in Europe and this is an excellent opportunity for them to deepen their ties with an important member of the EU and NATO and make Greece financially dependent on Russia. Another important objective of Russian policy is likely to bypass the blockade of the EU and to build their pipeline of alternative route: Turkey- Greece- Makedonie- Serbia and Hungary, through the countries with whom they have built excellent political and economic relations. However, Russia is also in financial problems and the question is how much they can really financially help Greece.
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bitcoins has no interest to get more whales to pump and dump it like they do with others altcoins... soo better medium as low class on bitcoin now... later who knows ...
Yes and we should really not care what people around us are speaking about the bitcoins, The same was the case when internet came into existence every one was against the internet and everyone thought that it would be just a snap shot but today everyone knows what internet is and same would be with Bitcoins in the future. Yes so many negative rumors about bitcoin, and people that never used bitcoin feel that bitcoin is bla bla bla and bla, but actually they never knew the adavantages by bitcoin its like internet when it was firs time launched people against it,but today what they've got so many advantages that they feel it, all we have to do just promote it Nope, there are pro and contra about bitcoin. What I know is bitcoin is the best in their technology and no one can beat it for now and their disadvantages is there are many bad mouth talking about bitcoin That is the reason why bitcoin is getting unpopular because of the some negative publicity and negative news spread by the media and government related to bitcoins and that is the reason people don't find it trustworthy and have a feeling that it is an risky investment to make. yeah sadly there always are a lot of negative news about bitcoin. and a lot of FUD being spread. like for example the recent MasterCard talking negative about bitcoin and attacking it. all these bad news are going to create a negative mentality towards bitcoin for people who are not using it. Yes, I'm also afraid that something like this can happen. Recently, Hungarian central bank also gave a negative statement about Bitcoin: https://bitcointalk.org/index.php?topic=1089713.msg11615268#msg11615268I guess that young people don't read much official news and don't trust it much but older generations really watch it and believe it. The older generation is still the one who has money and can invest in bitcoin or use it, and so their acceptance of Bitcoin is very important for us. Unfortunately, financial elite is warning them against us and I'm afraid that they may be to scared to join us.
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Guns are dangerous, specially for kids and inexperienced people. In America, the right to possession and use of arms is a constitutional right but the rest of the world does not agree with such thinking. Although almost everyone in America is armed, they didn't become safer and didn't reduce crime, just the opposite. I think that security is not achieved by arming of the population, but with education and developing a culture of cooperation and dialogue. Great example of this are Scandinavian countries. So, we really need gun control otherwise our security will be further compromised by armed men who too easily use weapons either to defend themselves or attack the others.
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I started with BTC about 2 years ago. I first heard about BTC from my close friend and when I checked more details about it, I decided to try myself Until now, I was lucky to earn some bitcoin in free ways, through signature campaigns and right now, I'm keeping it in my wallet, hoping that value of BTC will raise again.
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I'm really sorry for their lost. US govt. with this drone attacks, killed much more innocent, civil people than terrorists, and didn't accomplish much. But, I really doubt they will ever receive official apology or compensation from uS govt. They never do this and always believes that the ultimate goal justifies the occasional mistakes and the death of innocent people.
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No, I wouldn't buy a prepaid crypto card right now. In my country, we don't have many places where we could use such card, we just recently got first bitcoin ATM, very few companies accept bitcoin etc. Maybe later, in the future, when bitcoin becomes widely accepted here.
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If religion means to believe in the success of something, on the basis of something that has yet to happen, then yes, bitcoin is a religion for all of us But, this is not much different from faith in other things, family, favorite clubs etc. We tend to believe in many different things but probably we need to find another name for it.
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The average person living the first world today merely works (a miserable job) to survive, living from paycheck to paycheck. They are not really contributing to any technological advancements.
The majority of the people living in the world right now are heavily indebted, and severely exploited by the elite (mostly comprising of the bankers, oligarchs, corporations.etc). Only around 10% of the world population are enjoying their life. The remaining 90% are living in misery. Compare that to the uncontacted hunter gatherers. They all seems to be happy with their lives: http://en.metapedia.org/wiki/Uncontacted_peoplesYour facts are true but conclusion is wrong. People today don't suffer because of human progress but because of moral selfishness of the ruling elite. Progress itself don't make people suffer but political and economic processes in the last 200 years, which led to the social imbalances that we have today. Our planet has enough resources that we can all live well but the problem is in the use and availability. Agriculture is not the worst mistake in the History of the Human Race but modern capitalism.
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I don't think this is good idea. With loans in BTC there are a lot of problems. Such loan is not regulated by law, can not apply in the tax return, bitcoin is not used officially in my country etc. If I can't pay back to the bank, I'm legally protected by the state, and can apply for financial help. If I can't pay back loan in BTC, who can help me? No, I would never use loan in Bitcoin.
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Very interesting idea but I'm afraid we are very far from it. A movie about the creation of Facebook was made when Facebook had already become a large and global company. Bitcoin is still not on that level, not mainstream and I don't think that someone will be interested right now to invest in such movie. We should focus on other, smaller and cheaper ways, of promoting Bitcoin right now and movie leave for later.
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You should understand that they sold their own houses and all properties in order to collect money for this trip. In many of these countries are wars and much violence and people can not return. This is not a simple black and white story that can be easily solved. Europe may not be the ideal continent for life but is much safer and better place to live than Africa.
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Illegal Migrant Crisis in Mediterraean is actually a result of hunger and poverty in Africa and the desperation of those people because they don't have any perspective in their native countries. What is the solution to this problem? Raise impenetrable wall around Europe and stop all immigrants? Bring back those immigrants who have so far managed to enter Europe? Is it a Europe of freedom and democracy or Europe of exclusiveness and intolerance? I think that we have a moral obligation to help those poor people and provide them a second home in European countries, and a new chance for life. Otherwise, this is not the Europe in which I want to live, selfish Europe, which thinks only of himself.
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I think that we should respect their beliefs, even if we don't fully understand it. It's their tradition and culture, and who we are to judge it? How much turkey we kill and eat in America for Thanksgiving day? Isn't it the same thing? It makes no sense to condemn the tradition of other nations while at the same time do something similar in our countries. I hope no one is suggesting here that these two events are related.
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No.
But here is some food for thought.
What if there was a global black out, some how... wouldn't bitcoin be vulnerable to someone with solar powered computer and internet access?- (an engineered global black out just in case you were going to say that there wouldn't be internet access"
It will not work and blackout on a global scale is near impossible. Bitcoin is very safe from any sort of vulnerabilities, there are several ways which bitcoins are vulnerable, if 51% of miners get together and decide to hard fork; or cracking the sha 256 algorithm on whose back bitcoin is build, on which case both are near impossible to do and likely won't happen in the next 100 years. This really seems like a scenario from a catastrophic movie and personally I do not believe it. What would be the possible motivation of miners to do something like this? What would they get by killing their ''golden goose'' which brings income to them? I really don't see any realistic reason for it.
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Where was the full page add, on a website?
It was in a newspaper, mentioned right there in the title! If the banks start feeling afraid, you know that Bitcoin's next breakthrough is right around the corner. We could have some new age bank accepting bitcoins and challenging the cozy club that banks currently maintain. No amount of negative advertising is going to prevent that. Banks became nervous because decentralized Bitcoin appeared, to which they have no influence, and BTC is much faster, safer and easier to use. They are aware that they can not offer what BTC offers to its customers and that in the long run they will lose this battle if they do not do something now. Banks alone can not stop the BTC but national governments and financial institutions can, with restrictive laws and financial regulations. I hope that such scenario will not happen. Every man should be free to choose the financial service that suits him the best but I am afraid that national governments will try to protect their banks and financial institutions, and even go against the interests of its citizens.
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