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What a strange statement to making, coming from a BU supporter? I would have thought now that SegWit is gaining momentum, BU supporters will be less optimistic about Bitcoin's future. I have never lost faith in this technology and the people behind it, no matter what side they support. We should all put Bitcoin's interest first, then this will succeed. ^smile^
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I buy through a local Bitcoin exchange, but I prefer to use people I have met at Bitcoin meetups. When you spend time with people every week and you share a few beers with them, you build some kind of trust relationship. We have regular Bitcoin meetups and the locations have very good CCTV, so I make sure that I have some CCTV footage of the people I trade with. ^smile^
I always reduce my risk, by buying in small quantities. You do not want to carry a lot of cash or advertise that you have a lot of money in the bank, by doing electronic bank transfers. < This will make you a target >
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I think one of the reasons we are not seeing more of this, is because the link in the email are not pointing to the exact area or thread where winners should post about their winnings. You have to remember these people has to register on a new forum and then have to find out where to write about their win and for some people this might be too much trouble. I would say that the email should be more specific to help people to do this. Give one link for registration and one link to a thread meant to report their winnings.
The fact that this user knew the exact thread to where he had to post about his win, is a bit suspicious. ^hmmmm^
Yes, I also think that. They should sent the exact link to the winner. If they do that we may see more winner here. New people who come this forum doesn't know where to post their win. You are all asking for proofs and when someone post it you don't believe. That is main reason why no one is posting winnings. The fact that this user knew the exact thread to where he had to post about his win, is a bit suspicious. ^hmmmm^
Imagine that, senior member with 1359/1408 posts in micro earnings section knows where is freebitco.in thread in micro earnings section. I am shocked! Ok, well spotted. I should fact check before I made that statement. Can you tell me if that account was not created by the owners of Freebitco.in to validate their lottery? Last time when I spoke out about the lottery, a winner came forward out of the blue and since then, nothing. Do yourself a favor and count how many winners there were in the lottery since it started. Then think for yourself, how likely would it be that nearly none of those people reported their lottery wins on this forum? ^hmmmmm^ I love the site, but I hate the lottery. ^grrrrrr^ |
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The miners are heavily invested in bitcoin. Why wouldn't they support whatever is needed for bitcoin to grow and succeed?
Oh, that is a easy one to answer. While Bitcoin is struggling with scaling issues, people have to pay higher fees to these Minerfkrs to get their transactions confirmed. They will stall this process into infinity, because they profit from it. We cannot rely on them to make decisions on this, because their decision is clouded by greed. ^grrrrrr^ Satoshi would have kicked their ass a long time ago, if he saw what they were doing now. |
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Classic Veritaseum topic. Yes Ethereum is faster. /close thread.
Nope, it is not that easy. People want to move to a faster Crypto currency network, but there are other factors other than the speed of the network, that has to be considered. You can have a fast network with much less security or poor decentralization. How many merchants accepts Ethereum directly? Ethereum has not even come close to the transaction volumes, compared to where Bitcoin is now. What happens when they do? |
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I am just curious on what is going to happen when these Chinese exchanges are unlocked. Will people withdraw and move to other platforms or would this frighten them in leaving permanently? The Chinese exchanges once had a huge influence on the price, but now they are a shadow in the dark.
I expect a little price correction when they are fully unlocked. ^hmmmm^
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Ethereum is the wannabe version of what Bitcoin was 4 years ago. People who do not understand how dangerous centralized decision making is, will waste their money on it and when they realize it, it will be too late. Ethereum was initially developed as a smart contract network and now suddenly people think it is the perfect payment network. ^smile^
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Finally we can see one lottery winner post here. He told that he has won the 7th prize of lottery this week.  You can see his winning post thereI think one of the reasons we are not seeing more of this, is because the link in the email are not pointing to the exact area or thread where winners should post about their winnings. You have to remember these people has to register on a new forum and then have to find out where to write about their win and for some people this might be too much trouble. I would say that the email should be more specific to help people to do this. Give one link for registration and one link to a thread meant to report their winnings. The fact that this user knew the exact thread to where he had to post about his win, is a bit suspicious. ^hmmmm^ |
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I think a lot of this SegWit vs BU drama are well orchestrated to frustrate people into selling their coins. People like Roger Ver will have enough Fiat to buy up all these cheap coins. I am saying cheap coins, because I know the Bitcoin price will go much higher when the scaling issues have been solved. So the Roger Ver's of the world are buying the coins at $2000 price ranges and then when this scaling is done, they will sell at double the price or even triple the price it is now.
People like you are playing into their hands by giving up too easy. ^smile^
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Ok, to add a dumb question. What if people started to target only tx's with low fees? The big miners usually go for tx's with high fees. If you had ASIC's lying around and you have cheap or free electricity, would it not help if you targeted these blocks with very low fees? Most companies can do this and write some of the electricity that are spend to do this off as a business expense for TAX purposes? If all merchants that are accepting Bitcoin as a payment option just ran a few ASICS to help the network, we would have had a much better network. < also more decentralized >
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Probably just a publicity stunt for miners to show how accommodating they might be to return people's money, if they send the wrong fee. I cannot see how a experienced Bitcoin user will make such a bad mistake. < hoping that someone with that amount of coins has enough experience and knowledge not to make these kinds of mistakes > This was very quickly noticed and just as easily solved, so this leads me to believe that this was staged. ^conspiracy^
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Nobody will be in a position to predict the future and for that reason nobody will be able to give you a correct answer to this question. A lot has happened since Bitcoin was developed back in 2009 and it is still gaining momentum. All of us will not be around when the final Bitcoin is mined, so it will not benefit us to know what the worth of the last bitcoin will be. Yes, our kids or their kids might benefit from this knowledge, but I doubt that Bitcoin will still be this popular by that time. ^hmmmmm^
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These kinds of services is similar to someone spitting in your face, after they have won the fight. Miners are part of the reason why we have transaction delays and "waiting" times for the transactions to be confirmed. The fact that they are creating this problem and also providing a solution that benefits them, is sick to say the least. The same thing was done with the BitLicense in New York. < They created a highly complicated Bitcoin license process, and then they created a consulting firm to help people at a cost to adhere to these licenses and regulation. > ^grrrrrrr^
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I see one of the exchanges that I use for trading, also have a footprint in South Africa and that is a good sign. I have also seen one of their major payment processors, PayFast started to accept Bitcoin, which opens up a whole bunch of merchants for Bitcoin users in that country. https://www.payfast.co.za/bitcoin/ I travel to that part of the world for my work, but I mostly work on it's borders, but I will most definitely check it out in the future. ^smile^ |
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the core developers have valid excuses, they are getting VC money and/or are selfish pricks.
The miners not signaling a scaling solution are just short sighted idiots.
Tht`s right but i have a newbie question. Are spam transactions increasing the transaction fee+confirmation time? If yes,why don`t we just create a transaction minimum and reduce all the super small transactions. This will not solve anything, they will just make bigger transactions to their own addresses at the same cost. You also do not want to restrict anyone from making micro transactions that are not linked to spam attacks. A payment network like Bitcoin were introduced to have no restrictions. The banks and other Payment networks like PayPal will force limits like this, to solve problems like this and we are not like them. The solutions is on the table and these idiot miners are blocking progress with their greed and stubbornness. ^grrrrrrr^ |
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Bitcoin on it's own is Pseudo anonymous, but when you add Bitcoin mixers to this mix <excuse the pun> then it adds full anonymity to Bitcoin. < As it is supposed to be >
So buy bitcoins at your regulated Bitcoin exchange and then transfer it via that exchange, through a mixer services to another Bitcoin address. < The moment you do that, it adds privacy back to your transactions > ^smile^
Check out my signature for the best mixer around. They explain the fees as follows : " minimum fee is 0.5% plus 0.001 BTC for every forward address. "
The regulated exchanges are necessary for fiat conversion, but Bitcoin to Bitcoin can still be anonymous via Mixers.
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I hope you not going to use Bitcoin for this, because Bitcoin sucks at micro payments for services like this. The scaling issues are causing huge problems with tx confirmations < huge delays > and tx's are very expensive with these Blockchain spam attacks going on and on.
Bitcoin will be more suited for this, when we have SegWit and the Lightning network in place. < As things are looking now, we will never see Bitcoin scaling to make it ideal for cheap micro transactions, not even with Bitcoin Unlimited >
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Ok, here is the thing :
~ By adding coins to your Casascius coin address, they are not taking any value away from it, as a matter of fact, they are adding value to it. ^smile^
Do you think by adding a $1000 frame to a Van Gogh painting, it would damage it's value?
~ If they damaged the physical coin, it might take away some of it's value... but the BTC value will still stay the same.
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You should add a option number 3 - BOTH
I buy bitcoins and then I hoard about 80% of it and then I use 20% for daily purchases for food and the odd electronics. So for me, it is both a store of value < also trading > and a currency. This is also reflected in the way countries define Bitcoin in their policies. < some see it as a commodity and some as a currency >
Bitcoin break the traditional rules, by being multiple things at the same time. ^smile^
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the core developers have valid excuses, they are getting VC money and/or are selfish pricks.
The miners not signaling a scaling solution are just short sighted idiots.
If there were no Bitcoin Unlimited, we would have had SegWit a long time ago. Gavin & Ver are to be blamed for this mess. They introduced a competing alternative, just to piss people off and it was not even good code. < BugCoin > Do not underestimate the whole hidden agenda behind these stall tactics. Why would Gavin continuously introduce something that divides the community? < XT and now BU > Look what happened when he visited the US government agencies and then Satoshi leaving and then the whole thing with CW and also his partnership with Mike Hearn and now with Roger Ver. ^hmmmmm^ |
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