I was thinking, if monero is a better anonymous crypto compared to bitcoin... and bitcoin mainly got it's popularity and price hike in the world of darknet markets, why hasn't the darknet adopted Monero as an official payment and drop bitcoins all together?  Even though I feel like this would "sell the soul" of Monero to the devil in a sense, it would get the word out about the benefits of anonymity and just how good it is.

Idk, I don't think the Monero community would want this to happen... but it would sure boost popularity.

If it gets to $1 mill per coin, then that in itself means that the dollar would probably have little to no value at all.  Why would you want to sell out? There would be no point...

It's so funny to have read so many "Is bitcoin dead" threads on here for the past month or two, and now people are speculating that bitcoin will for sure pass the $5,000 mark... I mean, yeah I'm planning on bitcoin to go back past $300-$400 for the time being... but gemini is only one exchange that is going to be mainly used in the U.S. ... I think some of you guys are putting way too much hype on this exchange site to take bitcoin to the moon again.

I've heard of this, but does anyone on here know the living costs of living there? I'm currently on a hunt to find a new refuge to move too... I'm tired of being in the U.S. and looking to move to a nice place to live, and being in a place that accepts bitcoin as a currency sounds like a good place to go too. I looked up some pictures of the place and it looks very nice. Does anyone else know of more information about here?

Haha

Come one! Come all! Take your chance at the wheel, while taking a chance on your lungs and liver! Fun for all ages!

Also, it should be worth noting that most of the time when you receive bitcoins on some wallets, the address will change... don't worry about that, the address you provided before for someone to pay you will still remain valid and payments will still end up in your wallet from the previous address.

Username: floam412
Join date: July 22nd, 2015

Thanks!

Just curious, what else can you research about the site that's not already on the user agreement form? Everything that they would hide is in there, and from what I read it isn't something I would want to be apart of... But because of the circumstances of where I live might force me to sign up. I don't know what to do to be honest.. All the exchanges doesn't give the customers one lick of privacy at all, I guess it helps us because of the whole Gox thing, but still... Just doesn't feel right.

So what was everyones profit from this site so far? If I were to put in 1 BTC what would I get back within a month? Just curious, it seems like a pretty cool way to increase your BTC's.

I actually think this is the best way to go about playing dice... bet low with very low odds of winning so your winnings will be 1000X more... better than slowly losing over time, than to just risk it all over a couple of bets which could pay out big time.

I think it would be a little better if you could actually read what new "clusters" are being added, I can't seem to follow what's going on during the whole video... regardless it looks pretty cool

Well it's not just that, but trusting Gemini as a third party that could do whatever they want with that information.. Personal information about you like that is very valuable.

This thread is more for a conversation of principal... not my personal feelings on the site.  I'd just like to get the general consensus of everyone here on bitcoin talk before the official release.

Ah, I gotcha... sorry. Just now waking up and not really thinking correctly.  Well, it's time for me to purchase a little bit more then if this is the case

I know the "patriot act" is supposed to protect us from terrorism and all, but do you really feel comfortable handing over SS#'s and everything possible to identify you as a person and track every single "bit" you are spending?

https://exchange.gemini.com/user-agreement

Wait, I just woke up and check the price and it says it rose in price? Idk if the app on my phone is getting the correct prices or not, but I'm seeing $0.42?

I would say I'm still in my investing stage, and investing some of my income into bitcoin and few other altcoins I see promise in.. while also investing my time to learn new things about bitcoins so I can invest money and time wisely.  It's still a "wild west" feeling about bitcoin, and there are still plenty of entrepreneurs out there planning to make the best new service to make bitcoins, or another altcoin that could possible change the game for cryptocurrency in general... it's definitely an interesting time to be in.

I was wondering more about the new news about gemini coming out with their own exchange site, that makes people have to give their SS# and stuff to the government, so they can start tracking certain peoples purchases with those bitcoins... Idk if people will start to get suspicious of them or try end up being really successful..

Libertarian? Yes... Socialism? No... Socialism is pretty much as centralized as it gets. If the US sees Bernie Sanders to be president in 2016, then I don't see things going well for the outcome of the US. Then again, I couldn't be able to tell, just a educated guess based on my political ideologies...

But what's going on with Gemini is totally related to politics, because the government is now mandating the exchange services for bitcoin are to fully subservient to the government so they can begin to track all purchased bitcoins and where they end up and who's using them. In the beginning, bitcoin will see a pretty nice increase in price due to the nice and easy access for bitcoins now in half the states in the US... but I believe this is going to cause some weird/bad things in the future.

Yes, but because people are going to see a slight increase in the beginning with gemini pumping.. people really don't seem to care as long as it makes them some short profit.