I have never seen a boom and bust that wasn't perpetuated by government involvement. Bitcoin is immune from such things.
Tomorrow, the UK & USA decide to make investing in Bitcoin illegal, punished by life imprisonment. Suddenly, Bitcoin crashes and becomes obsolete. Government wins. USSR banned dollars but it didnt stop them being used anyway. I dont think its that simple, it depends on the bitcoin economy outside the reach of the ban. Bitcoin is banned in some countries usually where dollars are restricted in their circulation Also you have to weigh the usefulness of bitcoin between people in that banned country territory. If somehow the currency saves them alot of work, stops losses from their flawed national currency then you have alot of demand and people will find a way usually. Bitcoin wallets I think can be passed on usb sticks if need be though it requires more trust, its possible distribution continues anyway even if it were possible to restrict from any live network yes..ban something and it goes down in value, eg drugs. |
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I think my coins went through from Vircurex!
I am very happy about this as its har d to get IOC in bulk, and Inmho, its the one to watch, as launch seemed to be scam free.
Also of course XPM/PPC/NXT are great (yes I hold a few of them)
XPM has been one of the few coins delisted from eg BTCe ( a largeish exchange) and has recovered in volume etc.
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halving can really have only a minimal effect, as it is priced in, being completely known.
I think what happens is over shoot just before, under shoot at time of, then goes up a few months later as the realization dawns there's just so much less BTC around.
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100$ 200$ move in BTC price in not that much, and happens easily
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What I have always wondered is what has Vitalic Butlerin actually personally dev'd? / coded?
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low volatility is good as it demonstrates BTC can be as stable as any other currency/commodity whatever.
If fact the BTC has be stable than many currencies over the last few months
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every 1/2 I have seen seen to be to have the price discounted/accounted in before the 1/2 ing and so drops a bit after.
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vircurex robbed me of i0 a while back --- i hate them
How much i0 did you lose? So far it has been just a couple 10k blocks which could be a mistake given others have taken off hundreds of thousands of i0coins. As for a class action suit. Vircurex is in China. Soooo... There won't be any class action anything. It would be like poking an angry burning bear with a stick. lol Just fill out a ticket and email them and hope for the best. eh it will be fun to sue in china, they are actually a lot better now days in commercial issues. |
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Vircurex is not returning coins when with drawn, nor are they responding to emails to their help. see
Ok, so now we have 3 different guys stating they never got their i0 back? At least most of it?
Anybody else? Please speak up so I don't start raining on innocent people again.
It is very strange to hear that you have gotten your BTC Back but not your i0c
One plausible explanation for smaller quantities - and 10k i0 is pretty small considering, is the fact that disks have to be defragmented and when that happens people will get their bigger shares back but the smaller amounts take some time or may be lost. The other guy I talked to who is very reputable had no problem withdrawing hundreds of thousands of i0 but then he wasn't able to take out his final 18k coins which sounds the similar to the issues others are having.
I'm curious if anyone had problems removing say 100,000 i0 or more. Something significant like that. And can you provide proof so we don't wrongly accuse Vircurex?
Finally, has anyone here had similar problems withdrawing other alts from Vircurex or is this problem isolated to just i0? That would be important information to have so please share that info if you have it.
Cheers!
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ok so do we want do about vircurex.
Class action.
I am sick of this. No communcation
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i don't care how the do it, if they have screwed their wallet, then they have to to another exchange and buy i0c back.
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i put though 500 I0C as a test...it went immediately
then I put through the remaining 10K (almost that ).
Nothing. No TXID nothing
its not on the blk chian
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Edit: What happened to all the posts/rants?
I got confirmation from a few reputable posters that they were able to get their i0Coins off Vicurex without issues. Hundreds of thousands of i0Coins with only a few being stuck there. Without any other individuals coming forward I concluded that the guy who said his coins were stolen or stuck on there was most likely either a small amount or an isolated event. That said, I felt it was best to delete my posts since they were overly aggressive and provocative. Cheers! Good man Vlad  So I just tried to send out my I0C test a small amount no worries it went TXID then send my main amount and no TXID appeared, not on block chain This is the only time this has ever happened what gives??? Sent ticket to help desk |
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BTC is sui generis/de novo
much like email is an aspect of the internet, it is not the internet....
investment, money, commodity, are all aspects of BTC but they are not the entirety of BTC.
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so there is 2 mill $ less of BTC than previously thought around.....looks like less supply available.
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It was indeed a really big pump and dump action. I didn't think that this would be possible for a (actually) well-distributed coin like NEM :/
It would be nice to see how the richlist has changed when the pump and dump is over. Is it spreading XEM or is someone accumulating them? just pump and dump NXT clone No. Not really the distribution was good, far better than almost all other coins. Also my understanding of the code base and parameters are far different to NXT. |
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one of the features that BTC has over land cash or gold, is if done correctly it cannot be seized and is immune to court writ or law including capital controls.
This is a massive massive advantage versus any other asset class ever as far as safe haven goes.
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Please vote and discuss
something very odd happened a few months before NXT.....is was sorta beta NXT, idenintical to first release in many ways some appeared saying I can do this with java etc released a beta and said that works then disapeared...later NXT came out. The dev of nxt and what it can do, are I think impressive. Bitshares seem to be the main rival. I still prefer Peercoin for large transaction single objective high value x-actions though, and the way it was launched and run. Also I like the Peercoin community and Sunny king. The NXT community and dev are also pretty good asfaik. |
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whats advantages does bts offer over say NXT?
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he just probably means zero confirms...and is talking to the masses.
I mean zero confirms....you kinda have to be in BTC for a while before that makes scene.
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