OKCoin, the China-based digital currency trading platform, has announced the launch of a new wallet product, in an effort to encourage the cryptocurrency ecosystem to rethink its attempts to reach mainstream users. Called as the first 'Superwallet', the OKLink desktop wallet, claims to bring together the best of both fiat mobile wallets and traditional bitcoin wallets. It will facilitate users to spend BTC, CNY or US dollars at bitcoin-accepting merchants, to convert fiat currency to bitcoin only at the point of sale to transfer the payment and settling the transaction. Liu told CoinDesk, "The Superwallet is not branded as a bitcoin currency product. It will highlight the powerful open protocol which will allow users to spend their chosen currency using the bitcoin protocol in the same way the native tokens of the protocol can be spent." No additional cost will be charged for the conversion for the users who will pay a bid/ask spread on the purchase as they would when initiating a purchase with bitcoin. The company will continue to cover mining fees, while fees for those who use its traditional exchange will not be affected. (Source: http://fxwire.pro/OKCoin-announces-the-launch-of-Superwallet-28519) That sounds great to me. As soon as they release one that has GBP or € compatibility, then I will use it for sure. Security will obviously be vital. SO as I understand it, I could have USD in my account, but spend bitcoin at a bitcoin accepting mercent? So each time a trade is immediately processed, then spent. Is there no delay due to confirmations being required, or do OKCoin accept liability for the few seconds ? |
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Just like what the title says. Just curious because your actions in part (although not significant) will also determine how many of these coins actually ended up back in the open market? Let's just be honest here because saying and really doing it are two different things. Just want to find out if you are a true advocate or believer in the system because I saw quite a number in the forum who tells about earning through campaigns, hoarding or even buying the coins to help the price, but is it really true? Or you are just there to earn and convert the coins to buy your phone credits and games pass.
For me all my coins are still intact until today
I don't sell my coins for fiat, I use it as I use all of my bitcoin, whenever I can! I ordered Pizza again with bitcoin on Sunday, I will be using them in a cafe at the weekend. The little tops ups are nice, it's like being treated to a meal/coffee once a week. I pruposely look for the places accepting bitcoin so that I can do this, got to support the community! |
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So as of when can we make claims to get out bitcoin back?
It seems impossible that Kraken will be able to cover the full amount, as that would cost them 600,000BTC or $135million, but I would be pretty happy to get 25-50% back depending upon how much was recovered.
It still seems odd to me that 200k were found straight away, yet apparently nothing has been found since, but they still havent really showed where it went either. This is exactly what the blockchain is for!
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I think that the police generally are involved in a lot of illegal activities, including stealing bitcoins etc. Look at them gunning down innocent unarmed people right and left, then pulling over cars because they are in a bad mood, or today smashing up peoples phones because they record them. They do what they want, they seem to think they are above the law. (I'm sure most are good people, but enough aren't that the good name has been sullied) |
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I didn't order a mastercard, but received one today...?
What should I do with it? I won't use it enough for it to be worth my while, especially as there are charges for not using it..
It doesn't make much sense. Why do they have your address if you haven't ordered it? I verified my account with them so that I can use them for trading and mining. I didn't order a mastercard though |
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I didn't order a mastercard, but received one today...?
What should I do with it? I won't use it enough for it to be worth my while, especially as there are charges for not using it..
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It's ~25 USD higher  Free money? Or Scam? Seems too good to be true. What is going on there? As soon as you ask yourself if it is free money or a scam, it is a scam! The price does seem unnecessarily high, either it is manipulated, or very difficult to get fiat out of, making arbing the price difference impossible anyway. I would steer clear. |
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Well, according to the common central European country-lore ukrainian males are gangsters or smugglers and their women are prostitutes (see "Natasha trade"). Certainly this is a quite rough exaggeration but certainly true for their politicians (at least the gangster part), and they are doing their best to strengthen this image.
As far as I know not this is the first time when the US supporting mass murderers, dictators and war criminals.
Another Russian who is as honest as Putin's face? http://gawker.com/5868191/can-we-talk-about-how-ridiculous-putins-plastic-surgery-is I don't really see where the plastic surgey is there, maybe a bit of make up and a better nights sleep, but the features look pretty much the same. It is pretty crazy that the old government is being assassinated. Ukraine seems to want to take the moral high ground in this conflict, and that is how they ware portraiyed in the news here, but they are shelling their own citizens and killing off the former government. I really dislike the new government, they look like a bunch of thugs and they are always asking for help to further their war in east Ukraine by trying to get the west involved even more. The rebels look like thugs too, but they are unofficial people, not an official government. |
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Bitcoin mining centralization has been a point of concern in the community for a while now. People are worried that the growing size of mining firms will continue until one of them attains 51% or more of the network’s hashing power. Although a firm holding the majority of the hashing power would not inherently compromise the network, it would certainly centralize the creation of bitcoin and the confirmation of transactions. Such centralization opens the door for a 51% attack, in which a nefarious actor initiates a double spend. This particular attack is highly feared in the Bitcoin community, because a successful double spend would ruin Bitcoin’s reputation for being a trustless monetary system.
http://insidebitcoins.com/news/the-economics-of-bitcoin-mining-centralization/31833I thought the chances of a 51% attack were highes last year when some mining company, I forget who, almost got to 50%. They said that they would not do anything to attack the blockchain though and since then the mining has become more evenly spread... If someone is willing to spend massive amounts to get a 51% hold of mining, then double spend, they will just destroy bitcoin and have wasted their money.. That could be possible if someone, like a government, wanted to destroy bitcoin, but as an a idea to make money, it's stupid. |
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I disagree that Bitcoin increasing in value decreases the value of fiat.
If I can buy a house for $150k now and in the future I can still buy a house for $150k, but instead of being 680BTC it only costs 20BTC, the fiat owners haven't lost a thing, but the Bitcoin holders have gained.
I live in Germany, and the euro has weakened recently. I haven't become poorer (unless I go on holiday) as prices stay the same and everything is priced in €. The same will be true with other fiat currencies.
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What kind of affect do you think would another global recession or the predicted collapse of the U.S Dollar have on Bitcoin?
Thought it might be an interesting discussion.
It depends! If it is just a recession that is quickly recovered from, then I don't think anything special will happen with Bitcoin. If it is a currency collapse recession, which it might well be, then Bitcoin could become a real saviour to the markets. Imagine if the USD collapses and they need to start afresh. People won't trust the new currency like they did the old one for quite some time. In that time people would be more willing to try out alternatives i.e. Bitcoin. When people start to use bitcoin, they will see the advantages for themselves, then the age of crpto can really begin! |
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I doubt if anything you do on the internet is fully anonymous, even if you use Tor / Proxies / Private VPN's etc. etc..
Most people do understand that Bitcoin is not fully anonymous... most of us, acctually promote it as being pseudonymous...
It would be stupid to have a blockchain or a Alt coin based on the blockchain {cough.. Ripple} where you can identify everyone and see all the transactions they do. {Stalkers / hackers / thiefs and marketers will have a field day, with that knowledge.
So we use the blockchain in a way to hide our "treasure" from the people, who wants to steal it. {The traditional banking system, hides it's ledger to protect your financial information... why not with Bitcoin?}
Governments or a skilled hacker CAN still trace your identity with Bitcoin, if they used a little effort. {Browser finger printing etc.}
I'd go a step further and say that almost nothing in life is anonymous anymore, people are always tracked down or information leaked etc. Bitcoin being anonymous means that it will never be mainstream, the move away from anonymity means that it is more likely to take off as a true internet currency, but in doing so it also means it will not be the currency that Satoshi had envisaged. It's a bit of a catch22 really. I imagine that soon they will have choked local bitcoin to near extinction, and all regulated exchanges will require KYC checks, so using bitcoin will be the same as using SWIFT, except for being cheaper and global and not so government controlled, and not being hyper-inflatable... it's still a good improvement over what we have now! |
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After all, how much would it cost to manipulate the BTC/FIAT exchange rate ? after all - there is a very limited number of exchanges, and trading volume is not as high as is the case in the traditional Foreign exchange
The gold market was being manipulated at the total value of the gold in the world is 7 trillion USD. Bitcoin has a market size about 0.04% of gold's, so is easily manipulated. It is also more fungibile and has fewer exchanges, so can more easily be manipulated. I personally don't think there is any genius plan to keep the price high/low, just inpatient people following trends. |
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Michelle Bachmann: Obama's poor relationship with Israel will bring the return of JesusFormer Republican Congresswoman Michele Bachmann stated that President Barack Obama’s handling of the Iranian nuclear deal is a symbol of the coming of the end of times and the “imminent” return of Jesus Christ, during a recent radio interview. Bachmann explained that if Obama and the United States turn their back on Israel, this would bring severe “curses” upon the United States, similar to those seen in the end of days. But, Bachmann is not afraid of the end of days, rather she says that “these are the most exciting days in history” because nothing is more important than the return of Jesus Christ. “We need to be so on fire right now about the things of Christ and the things of God, that needs to occupy our time and our thoughts virtually from morning to night because we have very little time — in my opinion — left before the second return of Christ. That’s good news!” the former congresswoman said. “The world is embracing degeneracy, but what that also tells us as we look at what the world is doing that they’re going according to God’s time clock. Pastors, preach it from the pulpit!” http://www.jpost.com/Christian-News/Michelle-Bachmann-believe-Obamas-poor-relationship-with-Israel-will-bring-the-End-of-Times-398168 Apparently this thinking is quite popular in America. Here is Europe we think that they are fruit cakes for expecting Jesus to return, but there they look for signs all the time and plan accordingly for his return. I work in Science, and I don't generally respect many other scientists who are very religious, it seems unprofessional to believe in such rubbish. How can the American public support someone to run for the presidency who thinks that Jesus will come back? Will they really base foreign relations on the bible? Crazy. |
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Soon ISIS wouldn't need any kind of help from other countries with passports and anything as I read that they are already in the process of establishing Caliphate. "Move that clearly is part of the terrorist group's symbolic creation of a caliphate, ISIS militants themselves reportedly started issuing their own international ISIS passports". I will tell you what their next step be from here: ISIS plans to expand beyond the Middle East to Europe!
Don't they have to be recognised as a country in order for their passports to be recognised? They can all themselves what they want and all have nice Passports, they won't be getting into the US any time soon! With a Turkish passport it might be possible, assuming they are unknown to the authorities. I am surprised that Turkey helps ISIS so much, I understand my enemies enemy is my friend, but passports allow them to attack their real friends, which would have repercussions against Turkey. |
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Factom, a Bitcoin 2.0 Non-Profit Organization, is going to sell 85-100% of its bitcoin reserved raised in its crowdsale.
Factom is a project that aims to build on top of the bitcoin blockchain to provide a ‘permanent, time-stamped record of your data in the blockchain’. This means that a user can store a permanent record of a document on the blockchain by using Factom, which will charge you a small fee. This can be used for many purposes, such as reducing the costs and complexities of conducting audits, managing records, complying with government regulations, and storing a copy of a written contract. Their crowdsale consists of selling Factoids (the Factom currency), which will be converted into ‘entry credits’ that allow users to use their service.
There also have been other similar Bitcoin 2.0 projects, which all aim to build a new service on top of the bitcoin blockchain. Other examples include storj.io, which aims to provide a decentralized cloud storage, and Ethereum, a service that aims to allow smart contracts, which can be used to build currencies, financial derivatives, voting systems, decentralized organizations, data feeds, title registries and thousands of other applications.
Both of these examples started by launching a CrowdSale, however, Ethereum’s CrowdSale came under heavy criticism, because at first, it had only planned to sell a maximum of 5000 BTC that they raised. However, they sold approximately 30,000 of its BTC, which caused a fierce debate, discussing if future crowdsales from Bitcoin 2.0 companies should be trusted. Months later after Ethereum, Factom seems to be doing the same thing.
More here... http://www.coinbuzz.com/2015/04/16/factom-a-bitcoin-2-0-project-will-sell-85-100-of-its-bitcoin-reserves/So by investing in these Bitcoin 2.0 ideas, we are whale dumping the price of bitcoin down! That kind of sucks! Would it not be in their interest to have a higher bitcoin price and better network strength, or do they not care now that they have their money?! |
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Greece will either shape up and pay back the money they owe, losing their sovereignty in the process to their debtors, or give up getting loans and segue into a centrally planned economy. Neither are particularly positive for the Greeks but hey, you get what you voted for.
If they do the former, they can manage to pay off their debtors over a very long period of hard work and sacrifice, who can then pay off their own debtors, on and on. If they do the latter, they're fucked long-term (see: Venezuela), and their debtors won't be able to repay the loans they owe to other nations, which reportedly will have a "domino effect" where more and more nations go under because the money they were hoping to get back from their loans will be completely gone.
Imagine loaning your friend 2000$ expecting a 2100$ return by the end of the month; however, instead of doing something with this money, your friend decides to live off it for a while and when it comes time to pay back, he asks you for another 2000$ and for the previous debt to be forgiven--he wants to be bailed out. Foolishly you forgive this debt on the condition that he shape up and get his life together, so he agrees, you give him another 2000$ loan w/ interest, and when the end of the month comes, he again says he does not have the money and wants another bail-out. You tell him to go fuck himself and if he doesn't come up with the money he owes you in another month he's gonna get his kneecaps blown to pieces (jk you just won't like him anymore and will stop giving him any more money.) Your friend (loose use of the term anyway) is pretty upset but understands, he asks for some time to get the money together. You say okay, and give him this time. However, the guy you owe debt to is now knocking on your door asking for the money he lent you, with interest; you tell him that you'll have this money by the end of the month, when your friend pays you back. He says okay and so the end of the month comes: your friend still doesn't have the money and is now telling you to go fuck yourself, you capitalist pig you. The guy you owe money to is now in the hole as well; he tells you that if you don't pay him back, he's never gonna loan money to you ever again.
Thing is, you really need this money your debtor has been lending to you, you are dependent in some way on these loans; if he stops lending you money, you're completely fucked, too. Tensions rise: you start banging on your friend's door demanding he pay back what is owed to you, but he has no money; he has resorted to living in a commune with a bunch of stoners who are broke as broke can be, and they all laugh at you for giving any of them any money you freaking moron. You can't pay back the guy you owe money to; your livelihood is at stake to some degree; you may have to lower your quality of life and get into further debt with someone else, assuming you can find anyone who will lend to a man who won't pay his loans back (check out the lending subforum for what this looks like.) The guy who you owe money to can no longer pay the guy he owes; he, too, is completely fucked. This guy also has a guy he owes money to; that guy, you can probably guess, is completely fucked too. That's the domino effect: everyone's getting fucked because someone down the line was a lazy douche. Not everyone gets affected; some people can survive without the loans, but others are totally dependent on them and will be in a heap of shit if they can't keep getting those loans.
If Greece defaults, other nations may also default, and depending on how much they needed those loans to sustain their way of life (political favors and whatnot; welfare ain't free kiddos), this can be a massive issue for economies and political entities the world over, since everyone and their moms are in debt nowadays. Not necessarily a bad thing; maybe it'll be a wakeup call for people to take control over their money and stop letting politicians and banks play with it. Anyway, someone's bound to die from it all; someone always dies from something this massive.
As the saying goes, if you lend someone a little money, you have power over them. If you lend them a lot of money, they have power over you. Greece has a lot of power over the EU and world bank, because they have forced Greece into this stupid 'kick the can down the road' idea for the last 5 years, if and when Greece decides not to pay back the debt, they will have to answer for thei sub-prime lending! I think it could happen today. The whole situation is inevitable, hopefully someone has the guts to make it happen today, instead of after another 5 years of hurt for the Greek people. |
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Fence sitting is for the...  So the value of all the bitcoin in the world would be below1.5billion.. How much money has been invested into the Bitcoin environment this year again? I don't see a downwards breakout happening, quite the opposite in fact! |
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On April 9, 2015, the main screen of Times Square New York City USA shows the advertisement："Bitcoin is here ,OKCoin is here，Everything will be ok!", which attracted fans' eyeballs.
Do you have any photos? They would be interesting to see. How much money does OK coin have? I would assume that the main screen in time square is a pretty expensive place to advertise!? Maybe they will do a Superbowl ad next year! |
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Sorry To say BUT your Method is the only wasting Of Time. The site that you Mentioned about getting free Followers has the users which uses the fake accounts to follow your Twitter profile and they Never comes to your Twitter Profile, And Never see what you had Posted. I had Experienced it, I use to use these sites T
Not really, i got many genuine followers, besides if not that then dont care about followers, make them share the content not follow you. Even if they are a bot or a fake person, since they are also into advertising, they definitely have real followers, so if you make them share your content with your friend base then you get exponential hits to your content. If you only make them share it with 200 people, every one of them has atleast 50 followers, thats already 200x50 = 10.000 views in just few hours of work. I dont think you will find anything more effective or cheap, because it's 100% free lol. Here i added another proof pic, to see what i`m talking about:  Do people not unfollow you when you spam them with faucet links? I find twitter followers very fickle. I generally post about sport and training, if I started asking people to use bitcoin faucets frequently I think I would lose my small follower base.. |
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