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it's true, even if they manage to track you back in some way because you have left many tracks behind you, they can't for sure connect your address with your name or your identity, this thing isn't mentioned when we talk about anon, and this is the reason why bitcoin is pseudo-anon
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If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.
As much as the value of Bitcoin, gold will always have more value, I think even in the distant future, so I think you should choose gold than before Bitcoin, although I think it's a great thing Bitcoin. bitcoin is going to have a greater value than gold in the future, it did already surpass gold one time it can certainly do it another time, and this because gold, is going to be dumped like no tomorrow, under 1k see the prediction on 200-400 gold in the speculation thread |
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for bitcoin i like 1broker and kraken, i don't want to deal with ID gargabe and crap like that
for altcoin poloniex and bittrex also cryptsy which has a nice volume
Doesn't kraken need ID credentials? Also, Poloniex requires your name since a month ago or so when they where pressed by Fincen to do so. not it doesn't if you trade with a low amount, under 2k usd per day and 10k per months, it only ask you your name and street address, but you need to provide the right bank account name to withdraw |
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wrong thread you should move this to the market place under currency exchange
you should get around 0.27
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40 of 51, i did not know about the date of the whitepaper and some other errors on question about transactions, double spend also tricked me damn....
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Let eBay forbid Bitcoin.
OpenBazar will make eBay history.
i'm only hoping that open bazar don't turn in silk road 2.0 or 3.0, they still didn't answered how they will deal with people that will trade illegal stuff at worst we have still the possibility of amazon accepting bitcoin, which i find better than ebay, bitcoin need only one big merchants, then it's done Personally I prefer saving 20% off Amazon products at Purse.io due to Amazon NOT accepting bitcoin. :-) but can you take advantage of the last sale of amazon for their prime celebration day, with purse.io? if yes then maybe you have a good point there, otherwise, you know... still i doubt 20% is on everything, but maybe i'm wrong, i didn't try purse.io |
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math telling us that bitcoin will rise 1. wrong. math does not tell anything about price. 2. you've forgot about physics if the demand remain constant and the supply drop it will rise, and this is math, so yes, math is telling us about what will happen to the price the role of physics as i understand it, has to do with the mining activity and security, which are to things that can mutate in a far distant future, nothing to worry about or consider for now If demand remain constant the price will go down. New bitcoins is mined every day and demand must rice to keep the price. Pure math tells us the price will go down but math has no influence on the demand. no this is wrong on so many levels, if the demand remain constant(which assume also that their ratio is 1:1, between supply and demand) the simple fact that the block reward will be halved mean that the price will rise 100% because there will be less dumping from miners which mean the ratio will favor the constant demand, instead of 1:1 right now(which isn't true because we are rising slowly, so its more realistic to say 1.01:1) you will have 1:001:0.9-0.8 it depend on how many coins are dumped each day from miners easy example, now demand and suppply p.s. it seems that you are not taking into account the halving... |
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.. I have a feeling sub $200 or over $400 soon.. hum.. but it's just a feeling.
Or we just stay where we are and after a certain amount of stabilization we move to a stable range at 320. in other word we are repeating what happened with 220-250 range but this time with another range, this is a scenario that is more likely than a simple furious pump or dump under 200 hironically , it seems that people cannot accept a steady growth even though, they think it is the best thing that can happen to bitcoin |
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So what happens to the customers balances? Will they be held by the feds until they figure out the money trails?
it well end the same as mtgox the whole amount will be auctioned, or otherwise if they can prove that those coins come from their wallet, they can consider something like 20%, like kraken did with mtgox? |
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I think it will not goes below 200$. it was really terrible to think that it fall tthat much.
If it goes then time is to buy
Do you want to take the risk? And if it happens, do you have the stomach to invest in someting that has lost 80 percent of its value? bitcoin has already lost more than 80% from the last ath since the last bottom(220), i'm sure this is the case, but despite this, many still have invested in it especially big names, and now we have a recovering in the price |
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I was wondering if anyone knew a company or services which provides debit cards anonymously with a reasonable limit. For example, Bit-x provides debit cards, yet if ou want to use it anonymous you can only withdraw 250 dollars per year!! I'm looking for a service like Bit-x, only with a higher limit for anonymous users, anyone can point me in the right direction?
I'm not going to register, because then I can just use any service provider like Bitfinex or Bitonic, my motivation is that I wish to withdraw bitcoins anonymously.
Anyone know such a service provider?
Hmm in regards with Bit-x, I think they have some confirmation process on your identity for you to withdraw larger amounts. Most debit card providers do this to ensure their own safety so that in case a user did some foul move, they can at least contact the user and know their whereabouts. As for the anonymous user, idk how could that be achieved.It can't, that is the problem for people who want to be anonymous. Using Debit/credit cards are never good idea if you want to keep your identity secret. Bitcoin debit card is no different your every transaction is being recorded and above some rather low limit you need to provide your full ID. Anonymity is fiction while using it. Completely agree with you, because debit card is under control by company need your full ID so is will different with bitcoin. we need to be anonymous in here not only that, with the simple fact that you're using VISA, MASTECARD or any other circuit that use fiat, you put yourself in a position to be traced, those circuit can be controlled easily at will by banks if they really want to track you many times they don't do this because the amount that they want to track is very low, and seizing it would not lead to a nice profit, and since tracking someone cost money, they will do it only when this is convenient |
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bitcoin is not dead and never will be dead, as even if the price would go down to a few cents per each it would still be a currency as at least a small amount of people would be interested in it including me
this is also proven by some other example like terracoin, despite many think that old altcoin are dead they are still there used for p&d, so in the worst case bitcoin will be used as an investments only by a niche market something like this simply can not die |
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I don't think tax evasion is possible in any developed country.
What are you going to do say when the bank sees you keep receiving money out of nowhere?
The only way would be to never leave the Bitcoin ecosystem, simple as that. Get paid in BTC, buy in BTC.
If you need fiat, i guess the best way is still Localbitcoins IRL transaction.
that's why you use services that buy thing for you directly in bitcoin, like all4btc or https://xmr.to/ for monero other may find more comfortable to use anon card, with a limited amount, i guess it could work, yet the most anon way remain cash to bitcoin, to avoid taxation |
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how so, bitcoin can actully protect singular individual much better than bank, when you are dealing with your neighbor or spose
how, if every transaction is online for everyone to see?! you can mix it, there are various tool or ways(altcoin, using more than one exchange, mining, recieving bitcoin directly to different adresses ecc...) to help you stay more anonymous than dealing with fiat where every transaction is traceable and you think that process is simple enough to population in general?? to bitcoin become success, processes MUST be simple. Nobody wants to learn how to mix, etc etc that is for geeks only! And geeks only wont make bitcoin a success! banks, actually provide all the privacy common user wants. bitcoin dont. how can a third party provide you pricacy, this is an oxymoron you know, in the exact time that your personal info are handled by someone else, you can't talk about privacy anymore in the future anonimity with bitcoin will be made less troublesome for sure, for now if someone really want to stay anonimous he need to work a bit, i'm sure that if someone really have a reason to stay anonimous, he become suddenly a geek, you can be assured about this |
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surely it must one which bitcoin isn't heavily regulated or banned, i would say singapore(it come in handy that another thread is reporting this), it seems that one of their business located there bitx(this isn't bit-x) gets 4M in funds from digital currencies group https://www.techinasia.com/singapore-bitcoin-startup-bitx-4m-funding-naspers/singapore together with japan can be a central hub for the "rising sun" countries |
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i'm only hoping that open bazar don't turn in silk road 2.0 or 3.0, they still didn't answered how they will deal with people that will trade illegal stuff
at worst we have still the possibility of amazon accepting bitcoin, which i find better than ebay, bitcoin need only one big merchants, then it's done
This might be very problematic and I understand your concern. I don't know if you have watched the documentary about Silk Road, but the US government will do anything to get their hands on the information that they need. Someone would take the fall for things, if OpenBazaar allows illegal sales. I'd hate for it to be destroyed or the founders be arrested. We definitely need something to replace that market that shut down a 1-2 years ago (I can't remember its name; it was the largest at that time). one solution would be to pay special individuals(via small fees), which have the purpose to check if you're dealing with illegal things, something like arbiters but for items only it can be viewed as a less decentralized system and you privacy might be compromised, but we cannot have everything... |
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how so, bitcoin can actully protect singular individual much better than bank, when you are dealing with your neighbor or spose
how, if every transaction is online for everyone to see?! you can mix it, there are various tool or ways(altcoin, using more than one exchange, mining, recieving bitcoin directly to different adresses ecc...) to help you stay more anonymous than dealing with fiat where every transaction is traceable |
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if the demand remain constant and the supply drop it will rise, and this is
math, so yes, math is telling us about what will happen to the price OK. Why should demand remain constant? Do math tell us about it? the role of physics as i understand it, has to do with the mining activity and security The role of physics is converting energy to heat while securing transactions. because demand can only go in three directions, up down or zero, if we assume equity between those, since we don't know the future, you simply look at the block reward which is governed by math about phisics it is what i said, essentially something that will not impact the price now, so another variable for the future, which is useless to take in consideration for the time being |
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math telling us that bitcoin will rise 1. wrong. math does not tell anything about price. 2. you've forgot about physics if the demand remain constant and the supply drop it will rise, and this is math, so yes, math is telling us about what will happen to the price the role of physics as i understand it, has to do with the mining activity and security, which are to things that can mutate in a far distant future, nothing to worry about or consider for now |
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I wouldn't connect this directly with Bitcoin. Financial markets and banks are in the deep problems since the 2008. Look at Europe and Greece for example. So banks are in the deep just like the whole financial sytem, now let's help them toward destruction!  Some parts of Europe was a economic disaster a long time ago and still are. Most of Europe is doing very well just as US. Well if you can say that somebody is doing well while their debt is constantly going up than OK. Also after the 2008 crisis that was just poorly fixed and hiden! Personally I don't think anything is going fine and very soon a new, big boom is imminent. Hope I am wrong but it doesn't feel that way. The economic crisis hit US first later Europe. US is now fully recovering and Europe will follow. The main problem now is the fall in Gold and oil prices that will continue for a long time. Land with a real export of good will do good. I think Greece will need some help if you want full recovery. I don't see them being saved unless some of the eurozone do a bailout. I could be wrong on it though. I don't see the other countries letting Greece fail though. Greece economy is a mouse piss in the ocean compared to the rest of EU economy. greece debt is even less than any other countries in the europe zone at least based on this clock http://www.eudebtclock.org/even if take into account that they are less in numbers, they still have no way near the debt of france or italy |
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