I doubt that FOMO is driving these price increases at the moment. I think the relaxed attitude from the Japanese regulators towards Bitcoin and the institutional acceptance of Bitcoin has sparked a huge influx of new capital into Bitcoin and this is also pushing merchant adoption.
We have seen big retailers accepting Bitcoin in Japan and with Bitcoin banners everywhere and regulators being Bitcoin friendly, we will see much higher trade volumes on their exchanges.
There has also been several new applications for new Bitcoin exchanges, and that is showing you that interest in Bitcoin is rising significantly in Japan. ^smile^
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The US government should start buying Bitcoin while it is still relatively cheap and then hoard it for a few years. In the near future people will use the US Dollar to wipe their ass and use toilet paper as a currency at the rate at which the dollar is losing it's value.
The Chinese has become the economic capital of the world, while the US has become the military giant built on huge debt. Let's see if Trump can turn this around and rescue the US Dollar and the US economy. ^hmf^
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No matter what these people are doing < definition is not that important > it should be noted that there are active attempts by someone to steal our coins from many platforms. Change your passwords regularly and do not re-use the same passwords for all the different services.
Thanks OP, for giving everyone a early warning about this. ^smile^
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Ok, She will be charged with money laundering and tax evasion and if they are lucky and they found some evidence that it is related to drugs, then she might be brought with drug charges too. Then some of the police officers will be charged for stealing some of the coins, because we know the story already. ^smile^
The focus should not be on why she was raided, but rather how Bitcoin was used to catch criminals and if Bitcoin can be used to hunt people down that are innocent of any crime. < should it be as anonymous as cash >
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My opinion on these 3rd party fees will probably be biased from a consumer perspective, but I feel that 3rd party services are counter productive in promoting Bitcoin as a cheaper alternative than banks and other payment options. They only see Bitcoin as a commodity and not as a currency.
The third world countries are already raped by remittance service fees and this is slowly happening with Bitcoin with the introduction of high fees charged by third party services.
In the future, when fees increase too much, people will start bypassing these services and start buying P2P to avoid it.
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but the question is where are those coins now?
Why do you want to know? It is none of your damn business. Are you planning on stealing them? ? ? ? i really like bitcoin and i like learning about its past and i am really curious to know if satoshi still has them or he ended up selling them when they were 5$ because if i was him i would have been really tempted to sell 1M btc at 10 or 5 dollars it would have been a tough decision to make That is just the thing, back in those days most of the transactions being done, were only experimental and you could not really buy something with it at the time. I think Lazlo's Pizza's was the actual first transaction where the general public realized that you can buy something with it. < there might be others, but it is not that well known > His coins has not shown any transactions, where it went from one Bitcoin address to another, but we know he tested it with Finney. ^smile^
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Titforbit, nakebitcoin are all down. I wonder why. Was it abused or something.? Stuff like this should be documented for future reference
Sites like these needs a lot of marketing to survive and it is targeted to a specific group, so this makes it even more difficult. Titforbit Domain registration Expired on: 29-Sep-13, if we talking about the same site. You have to hope that there are enough people currently in Bitcoin, interested in this type of thing and if this is good enough that it might go viral and attract more non-bitcoiners. You can add other payment options, but that will add a whole new complexity to this. ^hmmmmm^
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http://www.augmentorsgame.com/ are going to blow all competition from this scene, because their idea is really innovative and different from the rest. I think most people leave the trading card scene, because the concept gets boring after a while, but http://www.augmentorsgame.com/ adds a whole new type of game play, that makes it more exiting to play. 200 registered players are really not a lot, if you compare that to the bigger players in this scene. ^smile^
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Guys, I'm Satoshi.
I did not create Bitcoin to be anonymous all my life.
If all goes well, it would be a pleasure to present myself, in all its context, and defend Bitcoin, and its principles.
Today I am here, maybe tomorrow in Japan and another day in Spain.
Thank you all, guys, thank you very much.
Satoshi Nakamoto.
We are all Satoshi now, because this experiment was given to the people and the real Satoshi has left the scene. Until we see a signed message in his early coins or we see some of those coins linked to him being moved, we will just accept that he still wants to stay anonymous. A message on a newbie account on a public forum claiming to be Satoshi means nothing to us and is being seen as pure trolling. ^heh^
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That level of authenticity will require more data and it will bloat the Blockchain, causing even more problems. Why not use some off-chain service to manage that? You could also change the way money is being transferred between the services or people that are being paid.
Assign Bitcoin addresses to each role player in this project and then send this information out to the public. These people can use mixer services to transfer their payment to their own addresses to protect their financial privacy. This way, you see how much money goes towards what entity in the project. ^smile^
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Will the shilling never stop for BU? Now you are bringing the poison from https://www.reddit.com/r/btc/ here to try and influence people to believe in this nonsense. I wonder if the BU developers have any better idea of what is going on with Bitcoin, if you look at the huge mistakes they have done these past months. Open both eyes when you look at something, or you might miss something. ^hmf^
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if you want the short term reason for the rise i think it is mostly because of the news about ETF and SEC reconsidering it which is weird if you ask me since again ETF is not really a thing to want for bitcoin anyways but it seems to be effective.
but the long term reason for the overall rise of 150% to 200% rise annually is because bitcoin is still something that a lot of people want and want to invest in. it is the only cryptocurrency that you can trust in its future and be sure it is decentralized. also it is the only crypto-currency which you can use to buy stuff from anywhere that accepts it and that is growing every day with more adoption. also lets not forget about Japan and Russia regulating bitcoin which was huge news.
Why would the reconsideration of the ETF by the SEC motivate a increase in the investment of Bitcoin, if nothing have changed since the first application was done? The Twins are just grabbing a last life line as part of a procedural appeal process, and I doubt if we will have a different outcome with the next decision. I would much rather guess that the increase is linked to the higher adoption in Japan lately. ^smile^
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I use the funds to invest in things. And I have another 0.07 BTC that is mine. Plus 400k Bytecoins
I doubt anyone on here will fund your investments, if you talk about investments in Alt Coins like ByteCoin with a 184.47 billion coin Cap. This coin have very little chance in making it, so it would not be wise for anyone to dump money into that or to loan someone money to invest in it. Good Luck, but I think you are betting on the wrong horse. ^hmmmmmm^
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Not to piss on your parade fellow, but most of these large MMORPG games do not want to touch Bitcoin, until it has been clearly defined or regulated as a currency. The negative publicity is not helping... I also tried to pitch this to a game I am playing, and I was banned on the forum for 6 months. They are not very open to debate... So good luck. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) So some lesser MMORPG developers won't touch bitcoin but meanwhile Steam has no problem with accepting it as payment method? The one argument I think they could came up with is that they don't want to add currency to the game to not spoil children or something. It might be the case if they haven't cash shop with items in the game already! If you were banned only for suggesting Bitcoin then you know that developers/moderators are ignorant idiots and the game is probably not worth playing anyway. Then there are developers like Linden Labs, CIG, etc which don't want to have their in-game currency used outside the game so they can control the internal economy without external forces. Most game developers prefer to create some token based in-game currency that can be bought with several different payment options. So they by-pass some laws in some countries by trading in tokens and not real world currencies. < Buy 1000 crystals for 0.0002 bitcoins for instance. > In some countries these tokens are then swapped for products that are on offer on these sites. < T-shirts, customized gaming gear and peripherals etc.. > I would much rather want them to trade these tokens for Bitcoins, but I can see why this is done.
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I've got a good idea of a game from a game I'm playing since I was a kid. It is player-to-player game and is pretty entertaining. This game is pretty much nerve-wrecking. And you need guts to win.
I'm a web developer and needs a sponsor to develop this game or just get the game idea. I'd like to play this myself.
Why not copyright your concept first for a cheap price. Once this is done, no one can steal your idea. You can then make a proto type or an algorithm for how the game will be done. Then code it. Then release it. Simple, cannot see why a sponsor would really be necessary. You will have to hope that this idea has not been Copyrighted already. Most cool games has some sort of Copyright and you will have a uphill battle to Copyright it. I have seen many projects being cancelled, because people did not do their research before they started with the project and their idea was already Copyrighted by someone. In the end these battles are fought in the courts and they end badly for the people who tried to steal the intellectual property rights of the existing Copyright holders.
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For months now, we have seen a verbal battle raging between Bitcoin Core and BU teams and supporters. We have seen personal attacks on people that were at one stage, crucial to the growth of Bitcoin. Some of these people made some big sacrifices to strengthen this experiment. < both in time & money >
~ How can we come together and find some common goal to resolve these issues? ~ Can we leave our personal vendettas behind and move forward? ~ Can we forget about greed and personal interest and put this experiment first again? ~ What would be the white flag moment for both parties to this fight?
Yes, Bitcoin was developed in such a way to make room for these kinds of battles, but things are getting out of hand and personal attacks are quite common these days. We are not civil anymore and most debates are getting very personal and heated.
A lot of power and money are at stake, but let's be civil about this and see if we can appreciate each others opinion without having to resort to "dirty" tactics to destroy the other person or team.
Be the first person to shake the other persons hand and you will see what will happen. ^smile^
Edit : Please DO NOT turn this into another scaling debate, but rather focus on ways to come together to solve these ugly battles.
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Anyone else out there that are of the opinion that these hacks are government sanctioned? The Cyber war will fund many missiles in the conventional wars and we know Swift stopped transfers between North Korea and other countries lately? ^hmmmmm^ We always see more of these hacks when the price reach new record highs. As if this is perfectly timed to push down the price. ![Huh](https://bitcointalk.org/Smileys/default/huh.gif)
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I have two friends that I introduced to Bitcoin and they made a ton of money on the trading side. I have a small black book with detail instructions and passwords and private keys. If something happens to me, my family will take the book to these guys and they will know what to do. < because they are familiar with Bitcoin >
I have the same arrangement with them, if something happens to them. ^smile^
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Think about it, individual can open website anonymously with Bitcoin (Domain, and hosting provider) and start selling illegal stuff for Bitcoin. In the worst case scenario internet providers will block the website. Why we see those things just on the Darknet ?
The Darknet is supposed to be a anonymous environment where criminals could flourish, but most of the exit nodes on Tor is infiltrated by the law enforcement agencies. They allow this to continue, because this is a good way to track and trace criminals without having to go to too much trouble. < getting warrants and breaking down doors > The ~DarkNet~ is the ideal Honey trap for criminals and a law enforcement offices wet dream come true. ^smile^
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