I was trying to buy something on the web the other day and they didn't use BTC,

At the same time I was buying another service using BTC on another site.

The difference cannot be overstated. BTC went almost instantly (they used bitpay) and service on in seconds, in fact before I even had time to shut the window.

I had to do a double take and check the addresses, to maker sure....it was so fast. I *think* this is because Bitpay accept zero confirms.

Any how using the credit card, waited ages for the transaction, then the provider got antsy about back charges as I was using a vpn to make the payment, later at a critical time they suspended service because they were still worried about back charges. I eventually gave up on the service. I mentioned they should be using BTC.

It hit home to me how the business that does not have to fear charge backs fraud etc, has a huge overhead risk removed and how much faster BTC can be.

Its hard to see how BTC won't take over all internet business transactions.

I know I am preaching to the converted, but still.....you could not do this just a few years ago

hi I don't quite understand this claim.

if you are operating on the high seas or of the planet earth, then every last bit of land is claimed as jurisdiction under some government.

ok so at the BTC Barcamp earlier this year we had the benefit of a Tax Lawyer/?Barrister from one of the large law firms give a view as to tax. They guy was very professional and up their with the best.

If  I recall he was of the view that due to the defn of money the tax office would have to do the double taxation.

However as long as the BTC were purchased from and O/S source there would be no double taxation or even GST. So the work around is the Australian BTC sellers eg coinjar have to hold the BTC they sell on a computer/server outside of Australia. Given whay bitcoin is it is ideally suited to this as the bitcoin is given via the blockchain.

This was due to a High Court Case and tax on cigarettes if memory serves.

So that's the work around for that.

...no you could have cashed out or sold to fiat and purchased back. All the money is still there just in different hands.

yes but PPC is still up 5 x from last year so its not really dumped

Yeah I thought about MAX coin but it simply doesnt rate enough to be included.

BTC PPC and maybe LTC inmho are not pump and dumps.

why BTC was to knew and it has not dumped

PPC the first of the Pos and no competitor so it stands alone

This is to serve as a record of the passing on of the pump and dump crown as well as other interesting properties

This should prove useful to all the latest alt hypes and safe guard the newbs

It seems it the pump and dump crown / succession has gone

NVC>FTC>QUARK>DOGE>AURA>BLACKCOIN>DRK>....?

minor/honorable mentions the were more blips than full on.

CNC>byteCoin(clone of BTC)>MAX coin>that other coin>PNDs (3 of them?) bundle>....



Spectacular implosion event
Ripple thanks to JED, Utopian future's sock puppet.

Dev forever Coins
EMU, NEM, EXO, MAIDSAFE

out of nowhere wish I had invested in that IPO
NXT

Not many people get it coin/still has no competition.
Peer Coin. [this is not an Amazon adoption USE case which is beyond the comprehension of most BTC'rs, crypto people. You don't want your high value coin used for craptastic at Amazon]

WTF is that all about
ProtoBitShareClusterF....K of information that no one seems to be able to explain to any body without a profusion of tables that spawn yet more info squibs

Scam Crown
Piraet>ZT>MINERS (almost all)>CNY GOV>MC>TF>.....



any other views on this?
*putting on flame proof clothing*

bootstrapping.


An no, I don't think it would, the candidates may be able to attract a lot of funding from BTC base, forceing other candidates to accept BTC. In fact this is already happening to a small extent. Politician love money to help them get elected and never say no to more money for their election.

Once a block is found, and accepted, what/how is it links it to the previous block...


*I think it is the commonly accepted time stamp and that every one accepts the longest chain, and then is it a hash of very thing before + last block to give new hash that must be then used for the next one....*

I am being a bit lazy by not reading the white paper and code base


if some on could be so kind as to explain to me all the hooks used to link blocks together I would appreciate this.

$100K ~ 1M.

does not not help. Only makes HODL'rs richer. Thats the beauty of BTC, you can't buy it all no matter how rich you are, you can only transfer vasts amounts of your value to someone that's not you when you try to buy it all. Banks, Gov's and high networth individuals have probally realised this. Before you could always buy out the company or nationalize it. But now. No.

Bitcoin Party:

Decentralise Government

Gov 2.0, Dentralised

any others?

It seems to me that all software post around 2012 would have to have btc capture in it somewhere.

Essentially consider that the people codding have every intensive [low paid and knowledgeable] to just put a few bits of coded here and there that is hard to find but harvest btc related info to get your coins.

Of course you should only ever use a open source o/s on a machine that is never connected to the internet, but that aside,


do you now assume that all software has loggers of some type?

warren buffet knows jack about making money. He is just an outlier of luck as others and there are many others who have lost.

in any case warrent buffet, nor any one esle investing in shares, stock etc has ever "made" any money, the just swap shares for existng money in supply which is largely issued by loans via banks.

Banks make money.

Bitcoin makes money. It says here is a better ledger.

Share/Stocks/Bond people have no idea about BTC tech/money supply. Central banks do as they can see its directly competing with their position

stability like this generally precedes growth....but damn if it isn't boring

i tired to tell the doge crowd that the inflation was a bad idea....people need to be given something simple. Fixed amount of coins

around 50% of a banks service/function is made redundant by BTC tech.

were are going to need a new board

/ban/

and if you want to use another address....

a system to get to n addresses, is I feel better, but that's just me.

0.00001 BTC for 5K