I just feel like bitcoin loans are not safe right now, not even here, using escrow and a collateral seems like a safe idea but it's not 100% safe, the escrow could get hacked or just scam himself, things like this have happened before so Im not just making this up, we really need a better system for normal people
They'll never be safe. And the way Bitcoin itself works and the way it's valuation works means there's no way it's ever going to be viable. Even if all parties are honest, if there's a violent price move in either direction then someone's going to get ravaged. People should stop attempting to apply concepts that do work with fiat but just don't compute with Bitcoin.
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I can't believe people were mindless enough to enable it to get off the ground in the first place. By its very nature it's going to attract morons, scammers and dreamers. I'd love to see the stats from some of these places. They're almost guaranteed to be dire.
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Since they believe crackers are the master race, surely they're all so superior that they'd never need a food bank? Something isn't adding up.
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Several very well professionally funded payment and trade platforms have folded. They had millions of dollars in VC funding, big marketing budgets and spent a lot on compliance. You're not going to find anyone who could get going on here, let alone compete.
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There's not much point in making a direct comparison. Bitcoin can do what Paypal never can and vice versa. If I was a merchant I'd love Bitcoin. As a regular customer I wouldn't be too impressed at present. They need to meet in the middle somewhere.
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As I understand this, these auctions can be done, when markets are closed.
Gemini is 24/7. It's clear this is a move to woo the SEC. The primary gold ETF sets its price in exactly the same way.
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Mixing is a service I'd be even more paranoid about than the average Bitcoin business, which is really saying something. That being the case then I'll stick with the one in my sig. Old is good in this case.
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I would have created an mmorpg and integrate bitcoin in it.
Yup. Gaming and Bitcoin integration could be huge. So many people spend so much time inside games now that there must be a vast appetite to turn them into something approximating real economies. I know you have tokenised currencies in certain games but something that Bitcoin baked into it would take it to another level.
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I'm in the UK whose banks are particularly Bitcoin unfriendly. I have two main accounts and have used both for localbitcoins buys, sending money to Bitstamp, and buying with a card through Circle. Neither bank have a problem with me.
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I think you should keep your BTC and do nothing with it unless you're doing it yourself.
The track record of Bitcoin investments is disgusting and it doesn't look like it'll improve any time soon. You'll attract nothing but scammers. If they're not scammers then they'll almost certainly be incompetent.
Even the biggest and shiniest Bitcoin companies are burning their investors' money and returning nothing to them.
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Er, is the ranking really of any importance at all? If you're selling stuff then you get trust on a totally separate basis. As for your opinions, I don't give a shit how high or low someone's rank is if what they write is worth a read.
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It's one of those things that's going to produce new industries and things that we haven't even begun to think up yet.
The most common possibilities right now are contracts, though I think the Ethereum balls up has shone some harsh light on to that idea, any type of information verification and retention such as property ownership etc, there's lots of talk of voting, self pwning and operating cars, and on and on.
As is often stated, money is just the first application that'll allow many other things to flourish. This is stuff is barely getting warmed up.
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Yes. It's a total no brainer. It's not against any laws as far as I know so why wouldn't they? The only ones that we can be pretty sure don't get up to it would be places like Gemini hoping to get to NASDAQ type legitimacy.
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How would Satoshi prove anything now? PGP and private keys can be handed over. Most of his accounts have been fucked with now. Research could be collated and faked. It may well be too late, not that the real person or persons is going to show now.
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I'd be surprised if any of your above options were much cheaper in the great scheme of things. Google ads in particular seem to be horrifically expensive for certain phrases.
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That's not the gist I'm getting at all. He's never gonna give us up or desert us. That's what I want to hear.
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This is a great question and it also shines some light on sig spammers. What may be pocket money to a fat Westerner might be the best part of a week's work to someone elsewhere. I suppose it would be just under a week's average work to buy 1 BTC in the UK.
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That sucks for the people who lost out but equally do I have a great deal of sympathy for anyone mindless enough to fall for those advertised returns? Er, no. None whatsoever.
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the price of 600$ is stable . it can not break under 600 anymore .
It's currently 6-8 dollars above 600. It would take a few seconds to go below that. Every time people bellow on here 'we will never see x price again' x price tends to appear within the next couple of hours and then goes far lower.
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