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Outside of US I couldn't find a single place to spend BTC for movie tickets, too bad because I would like to see some of the current films, im curious about the new Terminator one even if it might suck.
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If you become excessively rich, then everything in your life becomes all about money or more precisely having a superfluity amount of it. Living in a moderate way is probably the best way to go. Btw, Happiness is an inside job!  I don't think it's a problem being rich as long as you are anonymous. Living a moderate way means you probably work a job you don't like which sucks. It's better to be rich and anonymous so people don't bother you, thats my dream. |
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What if you use BTCJam and do lending only for the A+ guys? To be A+ you need all sort of verifications, so it wouldn't be anonymous, which means they will do everything possible to be pay back. What would happen if they legitimately cant pay back tho, do BTCJam cover loses?
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Have you tried running -reindex to see if it fixes it? You can also try deleting the latest blk files (not sure if you would need to download the latest files with different extensions too)
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with 5M follower that very Big promotion bitcoin, i think other artist interesting with bitcoin maybe he will create new cryptocoin if he succes in bitcoin  MikeTysonCoin (MTC) TysonCoin looks better. Anyway, im still waiting to see if all the scamming acusation things get clarified before I get too excited. The free exposure to 5M is there anyway tho. |
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Can you pay always at the same hour and tell us when that hour is?
is it usually monday night?
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I hope they get their shit together soon. It's taking too long and people is starting to talk about this as vaporware, just like Openbazaar. It's the problem of announcing something when it's still to underdeveloped, you hype people way too soon.
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1. Have a high moral standard. If you don't know, study.
2. Know that you have the absolute right to keep, spend or invest all that you have aquired using 1, as you please, noone can tell you what to do with your money. If you don't know that, study.
3. Lift your head, look on the world after opportunities.
Any examples of righ men that have "high moral standards"? Almost every other rich guy has some shady backstory in how they became millionaires (spare the occasional lottery winner). |
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For sure Greece will not be able to pay. Not only this credit that Tsipras will have ultimately but even another more bigger will help. To pay the debt Greece must have an economy that produce for itself and for paid the credits. But the economy of Greece is devastated by the lasts governments because the Greece politicians who governed Greece thought for their momentarily interests and not for the best of their country.
Very truth,at the end of year Greece will enter even bigger recession that thay are now,whatever will get new money or not.That new agreement will be reached at the end of September,nowthereare not yetagreement reached in what hotel and where negatiotiations will be Capital control will stay for 1.5 year,Geece people will be more poor and poor,finally thaywill go to strrets to manifest and will be strike after strike Some info from Europe.Spaigh cuted his 40% cost of work and now immediatly his economy improved Italy is planing big tax reduction ,stating that year finishing 2018,it will give Italy 200 bln euro,anyausterity I think wecan start to bet,what will be first Grexit or Euroexit the end of Euro Totally agree with both, they should have gone for a Grexit, I think it would even be beste to go to each their own currency. You just can't compare countries, their government, mentality and so forth. It was a bad idea from the beginning. The problem however, they just don't know what will happen if it comes to a Grexit, or a Euroexit, there are multiple models they calculate with but, the simple fact is they just don't know. They don't have a backbone, so they keep pumping money in it. They've let to many countries in the EU and in the EURO, greed an shortsighted. Varoufakis apparently is working on an alternative solution as we speak. He has said he doubts there will be any deal in august. I wonder if it involves any cryptocurrency usage. Its starting to look an unavoidable Greexit at this point. |
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already done that my day job is signature campaign lol, job kill your life, with signature i can earn comfortably at home without paying any taxes on it, because i'm not selling bitcoin or anything, this is the best part of it
being payed directly in bitcoin with those kind of activity is fantastic
But when you want to buy something with it what are you going to do? Say for example, that BTC goes to 10K in the next years and you can afford a nice car or real state. How can one buy that with BTC without getting it taxed? When they ask where the money comes from what will you say? it came from "sig campaign?" i ask because a friend made a lot of money mining and a little with sig campaing too and is on the same boat. Has never sold or bought with fiat so goverment has no idea that he owns a couple thousands in BTC. bitcoin can't go to 10k without rising its usage all around the word, i mena there isn't a thing like bitcoin will have a high price but it's still not mainstream, those two thing go together so at 10k, it's very likely that many shop will already accept it, and aside from this there is open bazar coming, or if you prefer to use them now without dumping there is all4btc/purse.io Yeah but he's talking about buying something serious like a vehicle or a house, not some videogames. How are you going to buy something like that without setting the IRS alarms on? You may be able to directly buy a car and a house with BTC directly in the future (in fact you can now) but how are you supposed to avoid taxes anyway? you have to declare your properties. |
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That depends. In both cases you are worried about earning fiat, not bitcoin, which goes against the idea of Bitcoin itself.
Furthermore, holding bitcoin expecting to get rich later is what happens among most bitcoin buyers and probably the HUGEST barrier to bitcoin growth and adoption. Bitcoin should be used as a currency, to buy and sell things. Sitting on huge amounts of bitcoin can be profitable in the long run dollar/euro/yen/general fiat wise, but it does not make Bitcoin work the way it should.
It is a coin, to be used for trading, not an antique artifact to hold until its value grows exponentially and you convert it back to conventional money.
And I'm not blaming anyone directly, I have this mentality myself and only used 5% of my bought bitcoin for shopping.
But you can't tell people what to do with Bitcoin. It's normal that holders feel like they are wasting money by buying something mundane like doing groceries or a cup of coffee with BTC when you get no benefits by doing so, it feels like paying with gold. In the future when goverment get rid of cash, then it will make more sense. Meanwhile im holding all of it. |
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If the hackers are intelligent which I presume they are, they'll hold at least half of their coins long term instead of selling all over the place for peanuts. Then again i dont think any hacking was involved, it was just an inside job.
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I really think that Warren Buffet is financial genius but this doesn't mean that he is expert in everything.
Maybe he don't like revolutionary, free concept behind bitcoin, decentralization, no banks involved etc.
He has self admitted several times that he doesn't understand technology, that's why most of his picks aren't technology related. He's got a lot of VISA shares and made a killing tho. It's sad he cant see Bitcoin's potential. |
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It's impossible to hack the blockchain NOW, imagine in the future when intel and the rest get on the mining game. To make any substantial change for the past 10 minutes you would need tons of power, its nonsense.
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Looks pretty cool, I want the original orange color from the Bitcoin logo and I may use it on my laptop.
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The real secret to not panicking, and being able to sleep at night, is to only invest what you can afford to lose. This goes for anything, not just bitcoins. So if BTC went to 20 cents or something ridiculous over night, I would be bummed but the effect on my life would be near zero. If you only put what you can afford to lose, and then you assume that some investments will tank (because no one, not even Warren Buffet, wins all the time).
So if it tanks, you can take a step back and re evaluate the situation. If you decide that the market is right, then sell. If you think that it is wrong, then hold. And remember, its only a paper loss until you transact.
And forget efficient markets. I make really good returns because the markets are wildly inefficient.
Incidentally Warren Buffet's most lucrative picks are the ones that he NEVER sold, the most famous one being cocacola. He has been holding for decades and will never sell. One has to approach Bitcoin with the same mentality, with the plus of Bitcoin not being a simple asset, but being a currency within itself, so you can use it without even having to convert it to any other currency, you can buy goods and services with it. |
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OP, it's simple, they simply don't understand it. They don't understand that blockchains need a token currency as incentive to keep the blockchain running. They don't understand creating "your own blockchain" is stupid. And they don't understand, therefore, that using any other Blockchain that isn't Bitcoin for anything serious is nonsense (you can create your own side-chain over the BTC blockchain if anything).
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They can't really do anything they're broke on money
Not anymore. They got more money coming in now, and they had to sacrifice some public land and add a lot of restrictions and regulations are supposed to be implemented in terms of the new bailout. They get more money now from the eurozone but this will happen very soon again, and I don't think its going to end nice for Greece, living like a parasite. I wonder how long will Eurozone have them around. All the money they get is for nothing, it's going to get evaporated instantly to pay the debt.. it's nonsense. Both parties know the debt will never be paid. What do they have on mind to solve this situation? I have no idea at this point, only conjectures, which includes "politely" pushing Greece out of the Euro. |
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I am quite surprised that amount of capital invested in bitcoin is that big already. With that support I wonder why bitcoin is not huge but still marginal technology and payment method. I don't know if any of the presented initiatives will be successful enough to break that ice fast. This is what I ask myself all the time and I have only one answer: price manipulation! We know it's possible for exchanges to play around with the price: there's some fractional reserve going on in here. But this can't last too long. I guess for the day traders it is more profitable to stay in the lower digits (thus manipulating price), as making x % gains is easier at 100 than at 1000 worth. Would be interesting when there are better exchanges around and actual rules against price manipulation what would happen. I think day traders aren't whales most of the time, they can't manipulate prices. They are know as sharks and simply ride the waves created by the actual whales. Whales don't profit from the risk of day trades, they make long-term stacking, make a good pump and then dump. If the bullish signal is real, the asset will survive and even keep growing after whales dump because of legit buy pressure being bigger than the dump. |
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aurora was simply a shit coin with false promise, it was premined around 50% with the promise of a good distrubution among the users of iceland, which i doubt it ever happened in the first place, and surely was orchestrated in a shady way
it was an huge pump scheme for sucking money from poor icelender, the dump in fact happened before the distribution leaving those that should've recieved their coins with a worthless bag
real good distrubution that happen naturally like with bitcoin, and lasts many years it's a completely different thing and will only help stabilization and dismiss big p&d
I always get a bitter feeling when I remember AUR. I mined a couple with my slow computer back then... and I held them all over the bubble instead of selling, I was too optimistic and was witing for a higher price, I got greed. Since then I don't gamble with altcoins, as long as I see some solid profit I sell for BTC. I could have made like 5 BTC out of nowhere with the insane AUR pump. |
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