Man. I was up all night doing this, but I think I finally got it. It is a Youtube video.

https://www.youtube.com/watch?v=dQw4w9WgXcQ

Toilet it is.

I fully believe the article click rates go up when they attache some 'Bitcoin' - 'Controversy' to the articles.

But, even having said that, the ignorance displayed about the technology is shocking for so called journalists. A simple Wiki search would tell them no one broke the blockchain anytime recently, yet I read articles that say more or less that everyday.

Even hack writers are supposed to get their facts straight.

To set up the accounts you want, you must have had to have one of two things:

1. You already had an account with the bank already, so you could just set up a new account.

or,

2. You gave proof of ID and address.

But if you are just a 'walk-in' looking to speak to a human, then it's 'interview' time... and not at that moment, but when it suits them a few days ahead.

Getting a renewal of a UK passport they also refer to as an 'interview'. An interview where you should feel grateful for receiving your basic human rights, i.e right of travel.

It never used to be this way. Only getting worse.

There's your mistake...

You can't get an application form that easily in most banks in the UK anymore. You have to have an scheduled 'interview' where they'll give you the application pack. But as a homeless man, they'll ask first if he has an address, if he says no, they'll not even give the scheduled 'interview'.

You have to have an 'interview' for the 'privilege' of giving them your money.

So backward.

Received payment! Thanks a lot!

'Overstock Unveils Blockchain Trading Platform at Nasdaq Event' - http://www.coindesk.com/overstock-unveils-blockchain-trading-platform-to/

Good article. I like Byrne, hearing him speak is enlightening and he really pitches for Bitcoin. The article says that although he didn't mention Bitcoin much at the NASDAQ event, he did give all attendees $25 worth of Bitcoin. Clever guy.

Really interested to see how his platform pans out. It could be the big one.

Edit: They've also added an 'Asset Address' tied to each BTC address in their explorer. Similar, but a touch different to Counterparty's explorer/wallet. That means every single Bitcoin address in existence has its own blockchain asset receiving address for this protocol. That's way cool.

In a nutshell, I can send APPLE shares to your Bitcoin address (assuming they create shares with this protocol) and you have control of those shares because you have the private keys already.

This is really big.

I'm guessing by your profile name 'I love Obama' that it's really your husband Barrack Obama you want to buy the Bitcoin for, isn't it? There's no need to be shy, now. Even Obama needs Bitcoin.

Just tell him to order the federal reserve to make him one... oh, wait. Hmmm, he'll have to nationalize them first I guess, then actually get the people controlling it elected, instead of self elected.

Tell him to be careful though, as the last person who was going to pull that routine on the Feds was JFK, and we all know how that ended.

ps: Lucky boyfriend... make sure you tell him to use that Bitcoin for a diamond ring when it gains in value

Lol. I love it when they tell the truth by accident.

A government listening to it's citizens is now a major step forward. Christ. Where did that errant tyke called 'Democracy' go?

Deflation increases the amount of things you can buy. Fiat currencies are inflationary, meaning over time you can buy less. A good example is the oft quoted 'Today's US dollar is worth 98% less than what it was in 1913.'

In other words, it can't buy as much as what it used to be able to buy. This is due to inflation... as well as government foolery.

As to the value of Bitcoin, monetary value comes from consensus. Dollars have no intrinsic value whatsover. They are not backed by gold anymore. People use national currencies because they trust their governments.

Bitcoin's value comes from consensus, and also because it's a transaction system, and an asset.

If I divide a bar of gold into a thousand pieces each piece still has a market place value depending on how much anyone in the marketplace wants it. Same with Bitcoin. Gold is just shiny metal, nothing special really. But gold is always mined at a consistent rate, more or less.

Value is only ever what groups of people all agree is valuable. It's entirely subjective, but, usually based on some form of scarcity.


Take a look at your sentence changed:

If I take speculation completely out of the picture and buy gold for $1000 today then why would (or will it) be worth more in 1 year (again from a technical only point of view).

The answer is, no reason whatsoever.

Dollars... no reason whatsoever

Platinum... no reason whatsoever

My mothers bad cooking... in this case, the value will go down, I'm sure of it.

If you think about it too much, none of it makes any sense, except for in view of consensus of value.

You only really need to study two words: Inflation/deflation

Bitcoin is deflationary.

Inflation = Happy Banks & Governments Vs. Unhappy people

Deflation = Happy people Vs. Unhappy banks & Governments

On a long enough time scale, anyway.

Wait. What? $280 a day is average in your country? $8,680 per month is average?

It must be a new country... tell me where it is so I can buy a plane ticket.

National wages/salary: https://en.wikipedia.org/wiki/List_of_countries_by_average_wage

(highest average wage by whatever standard is around $4,500)

I remember thinking this same kind of thing when I first got some Doge. I did all the calculations in my head of how much I'd have even if it just went to one cent; then if it went to one cent, then surely ten cents was possible, then why not fifty or a dollar even.

Sigh.

If only.

I soon got out of Doge.

When you do the math, it's just not happening. The last chance was when all the last Doge was mined IMO. If it was ever going to happen, it was then.

I don't think it is charging to watch it though is it? I just watched it for free. If you watch it to the end it asks for donations if you liked the film. Strangely though, it doesn't give a link or a QR code.

Zukerberg is a CIA shill and probably one of the last people Bitcoin (if it were an entity) would want to associate itself with.

Farcebook passes on all your activities to the NSA, and I believe Zukerberg does this willingly under the rules of 'you scratch my back I scratch yours' future benefits of business operation.

What this means in real terms, is that the CIA knows exactly the shape of the kind of asses you like based on your 'likes' activity.

I don't know why Bitcoin doesn't do what Dogecoin did, like getting the Doge symbol on a Nascar. Having a donation fund to promote Bitcoin awareness and adoption would help. Get a white Bitcoin symbol on an NBA basketball... you wouldn't even have to change the color of the orange ball for branding.

Since 1913 the US Dollar has lost 98% of its value, that's one point. There are plenty of others you'll find if you research it. There are quite a few well respected analysts pointing out that the crash is inevitable too.

Every fiat currency has crashed 100% percent of the time in history.

The future might be neither of the above, it could be Counterparty which is the protocol that is actually using the most secure tried and tested blockchain out there, Bitcoin.

Counterparty already ported Ethereum's programming language so everyone can execute Turing Complete Ethereum code on the Bitcoin blockchain: https://www.cryptocoinsnews.com/counterparty-recreates-ethereum-bitcoin/

Actually, to the best of my knowledge no Bitcoin debit card is issued by a bank, or at least, doesn't need to be. Visa and Mastercard work with businesses as long as they fill certain criteria and authorize them to be able to issue cards.

In fact, many of the places that you get the cards from, are not actually the ones who physically issue the cards. The Xapo card is just one example. It's issued from the Caymen islands/Gibralter (if I remember correctly) by another company for the companies that send us the cards. I think at least one company issues cards from Hong Kong.

Basically, the actual card issuing company is usually in a region that has fairly flexible tax laws/economic growth incentives.

As to why send Bitcoin to a debit card, well that depends on the person. Some may make profits from trading and then wish to withdraw in fiat. For me personally, it's just so I have the flexibility to do so should I need to.

There's also another reason: Say you bought one BTC at $280, and then next week the price shoots up to $1000, you can then deposit it to a debit card and lock it in as fiat at $1000. So no matter if the price does go down, you now have that $1000 one way or another.

 

Perhaps the OP means how much to be a whale in view of an alt coin? In that case, I'd say it's far less than 5000 Bitcoins depending on the market cap of the coin in question.

I've read on this site Blockchaininfo being down on various occasions, and people even having temporary trouble getting into their wallets through the site, but it always comes back after a maintenance period.

You can use http://blockscan.com/ which is functioning correctly, as many others are too, I'm sure.

The poll doesn't give an option to say 'more than one person'.

I find it interesting in the white paper where Nakamoto refers to 'we' as opposed to 'I'. But then again, I'm not sure if some of those ideas had already been hacked out with Anderson and others and that is what he meant by 'we'.