Give me a decentralized exchange that cannot be taken down by hackers and governments and also one without all the KYC and AML regulations and I would be a happy chappy. Bitcoin to me should be freedom, but these centralized exchanges are killing our freedom with Bitcoin and now they are also hurting our reputation with all of these hacks.
Give us freedom!!!!!!!
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Bitcoin is just another type of currency or payment option and it cannot change human behavior. The world economy are being fueled and stimulated by debt, and the governments knows this. They are building a fake empire on a bunch of debt, and this foundation will soon collapse, bringing the whole economy down with it.
They can shift this debt to Bitcoin based technologies too, without having to make too many changes to the Blockchain, and if they do, we would be in the exact same place. ^hmmmm^
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I think it is a incredible idea and someone should look into this. I would prefer a browser based arcade style game and also a Android version for the mobile phones. It should also work with cheaper phones to enable everyone to participate in playing this game.
This can even be bigger than this PokemonGo game, if it gets proper funding and good game developers. Just stay away from 1st person shooter versions of this and make it simple and easy to play.
OP, you have got something here, and it might just be the Killer App people are talking about. ^smile^
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I bought some expensive jewelry a while ago for my wife and I had it tested. It was 24 carat gold and real diamonds ear rings and a fancy ring. She did not want to believe in what she calls, The Bitcoin thing and I just did this to prove a point.
On second thought, this might just have been a trick to get me to buy her something, but it was fun and I were rewarded for my gift. ^smile^
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This is a great news. I hope we can start trading again in bitfinex. I lost some bitcoin too and I'm quiting trading in bitfinex.
What are you saying here? On the one hand you say that you cannot wait to start trading there again and then you say that you lost coins on Bitfinex and you are not going to trade there again? If I lost coins there, they will never see me again and if I did not lose any coins and they took some of my coins to pay for someone else, I will be pissed off like a crazy person. ^hmmmm^
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Ok, that highlighted part tickled my LoL reaction and I think it is going to tick off a few Muslim followers on this forum. As far as I know, they are not allowed to gamble, so this goes directly against their religion. I would be cautious if I were you, this might not be very funny in the extremist Muslim groups. ^hmmmm^ A good luck streak is always followed by a bad luck streak. ^smile^
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The Bitcoin price is only one of the factors that influence faucet payouts. The faucet payout is in no way a indication of the Bitcoin price. If you want to check the Bitcoin price, go to preev.com. The faucet owner can increase or decrease his or her payout for any reason.
If the faucet owner see that the advertisement income is low, he might adjust the payout to make up for his loss or to make a higher profit. ^smile^
Some faucets adjust their price as the Bitcoin price goes up and down. Freebitco.in being one example of a faucet doing this on the fly.
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He makes himself out as a genius with a crystal ball, but he predicted the obvious. Everyone knew that the Halving were hyped up, and that there will be a price correction after the event, when the speculators dropped away. Nobody predicted the Bitfinex hack, and the primary reason why we saw a huge drop in the price. It has nothing to do with a dump, because of the Halving.
Stop talking shit and use your common sense for once. If a major exchange stops trading and they had a daily volume of about 10 000 bitcoins a day, you will see a drop in the price. ^hmmmmmm^
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Of course it is. Ethereum's hard fork was the worst idea in the history of crypto. A big popular altcoin, being torn apart by what, a hack? Something that's done is done. It shouldn't be undone.
If you have to fork Bitcoin for every little hack, we would have 1000's of little side-chains floating around. Ethereum has created a problem for themselves now, because for the next hack, they will have to fork again. Ok, I exaggerated a little, but you get what I am trying to say. Bitcoin has had a similar thing happening to them, and it was quickly patched up and hidden away in the archives. ^smile^
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Most countries have deep emotional ties and a history with their own national fiat currencies, so I have serious doubts, that Bitcoin would replace these currencies. You might see it replaced in countries where the fiat currencies collapsed and/or people are in the process of a revolution against their governments.
This will only serve as a temporary alternative, for fiat currencies. ^hmmmm^
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I think it has something to do with the liquidity of the funds, because most of these funds are stored in cold storage. It takes a little bit longer to sweep funds and moving it to a hot wallet for transfers. The amount is not that big, so I doubt that their house reserve for these small jackpots would be tied in cold storage.
Get back to us on this, I am curious about the outcome. ^smile^
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No lower than $350 this time
That is right. The bitcoin price could drop to $550 in the next few days, then it will rise from that level. of course the price is going to go back up pretty soon, even though it was dumped, i think not for long and the price is going to come back and make me money If the bitcoin hack is restricted to the Bitfinex, the damage to the bitcoin will be limited. The price will go up soon. Bitcoin has shown that it can take a major blow in trade volumes and still bounce back. The Bitfinex trade volume was around 10 000 coins a day, so that should put a decent dent in the global price. Most of the traders would have moved on to other exchanges and would not go back to Bitfinex, so we should see a small correction soon. I hate these exchanges with a passion. ^grrrrr^
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a couple of things. over a period of 20 year not only decryption will get better. also encryption and bitcoin can update his encryption if this will be necessary, but i think we are good for a long time. but let us assume somebody breaks sha256 tomorrow. why would he go for bitcoin? there are much more interesting targets with more money on the line. also the bitcoin price would drop fast and what you this someone do with a lot of worthless coins?
There are other stronger encryption technologies, but it's not tested and has some challenges that needs to be addressed before it can be implemented. < Speed > Most of the other financial systems use sha256, so a breach in Bitcoin's encryption, would also spill over to all the other financial systems in the world. We will have another Y2K event, where financial systems needs to adapt to these changes in the technologies. In all likelihood this will not happen in our life time. ^smile^
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If you lose 100% of your bitcoins on these hacked exchanges, you deserve to take that hit. How many times did the members on this forum and on other platforms, warned against this? How many other exchanges needs to get hacked, before people start to listen? How many exchanges needs to get hacked, before these exchanges starts to beef up their security and go 90% cold storage?
I smell bullshit with these hacks. ^sniff sniff^
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choose a reputable member, meet in safe public space, and don't buy too much at one time.
How do you know if the other person is a reputable person? I go to Bitcoin meetups and I make connections and get to know the people, and then I start buying and selling bitcoin in small quantities to these people. The secret lies in the small quantities, because it reduce risk and also provide less of a incentive to scam. I TRUST nobody, when it comes to money. ^hmmmm^
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You say that, but you offer no proof other than to list some companies that operate from that area. It is like saying, people in Paris eat more bread than other countries. You will have to be more specific than that to quantify that statement. Do you think that it has something to do with the lack of governance or poor regulation?
Let's discuss this, because most western countries point fingers at these people, and most of the times, they are wrong.
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It would come down to liquidity, Even here in the US it's a pain to turn BTC into $$$. With gold or silver I can go to any coin store and sell. I know in the EU there are BTC ATMs but none here. Have to stick with gold.
I have to say that I have to disagree with you, because I can have the $$$ in my bank account on the same day I sell them and even quicker if I go through Localbitcoin. The infrastructure is better in bigger cities, so it is no big problem for us to convert back to cash. We prefer to stay in BTC for almost everything, but occasionally have to convert back to cash. I use it more as a speculative investment tool. ^smile^
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I never seen or hear that someone win in freebitco.in almost everything are fake as my experience every claim in that site you can get free lottery ticket for every claim and you can also buy your balance in to lottery ticket.. tey are just announcing there is someone who get the winning prize in jackpot.. but i never seen it if this is true or not.
If you won the jackpot, would you announce it to the world? No, probably not. The public announcement will make you a target for hacking and crazy jealous people who will flame you, because you won and they lost. You will also be flooded by beggars with soppy stories, to get you to share your winnings. ^hmmmmm^ I also think some of the lottery sites are dodgy, but I think freebitco.in is legit. ^smile^
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There should be a organization that verify charities like these to make sure people are not scammed out of there money, thinking that it is going towards a good goal, and then it turns out to be a scam. The worst thing people can do, is to take donation for some charity and then to pocket those funds for themselves. ^sick^
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Hey guys! Im going to San Francisco for the job and I decided to stay 3 more days to visit and take some vacation. I was wondering where was the best place to stay? Any hotel that accept bitcoin? Or any bitcoiner to accept a couchsurfer ? Also what are the top 5 place to go in SF for Bitcoin? I will be there friday to sunday (12-13-14) so I want to optimize my trip! ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Let me know! San Fran is expensive. Bring a lot of bitcoin. Just skip any invitations to stay with this guy at his shack, because he will turn you into a Bitcoin hater and a shill within the first few hours of your visit. You chose one of the most expensive holiday destinations for your quick vacation, but it is a nice place for site seeing. Enjoy! ^smile^
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