Hey bro. How it is possible to farm the account. I think we can make some from that. Please explain me whether that is legal or not and what is the way to farm the accounts.?
Create an account. Post shite for several months or years until the activity level is to your satisfaction. You haven't noticed this?
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Because they, the pumpers/hackers, completely rely on massive shorting to make the real money. But hackers know that Bitcoin's security is now rock solid. They can't hack/exploit a flaw in the actual coin or network anymore (they could in the infancy days), and can't hack the one shitty exchange anymore that constituted 80% of it's trading volume (Mt. Gox).
Bitcoin had an exploit. It was plugged before anyone nefarious got their hands on it in 2010. That's the only one I've heard of apart from the 2013 hard fork. The biggest Gox hack that happened in front of everyone was rolled back and shorting didn't exist at the time anyway.
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Transaction fees is another setback that should be looked into, you don't pay to spend fiat but you have to pay to spend bitcoins.
Freedom isn't free. The decentralized network needs a reason to exist. The mining subsidy isn't permanent. Bitcoin's security model must slowly move from coin base rewards to transaction fees. Early adopters have been spoiled by the high coin base reward / low transaction fee bootstrapping period. Fiat has the wonderful hidden fee (or tax) known as inflation, which is chosen at the whim of a board of directors (to enrich the few at the expense of the many). Sadly that's not how most people think and never will. Plenty of humans lack an innate sense of bigger picture. Still, hopefully there are enough relatively smart folks who can process that.
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I still that Kim Dot Com will shake bitcoin market in 2017 though.
Well, I won't be betting the farm on a mountainous conman but it'll be interesting to see whether it lives up to the hype. Considering hype is his job then I remain to be convinced. With the crypto market cap at $11B, one should still be able to make a few bucks out of trading altcoins with bitcoins.
Indeed that's very possible, but it's not a sign that crypto itself is advancing very far. A few bucks is nice but it's just crypto feeding from its own sphincter rather than getting out there and growing.
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There's this http://www.bctalkaccountpricer.info/ but that's only a guide. The only way to tell is by seeing what accounts sell for via auction or in the digital goods section. I think the account values fluctuate with the fortunes of the signature campaigns. Anything with negative trust is totally worthless.
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If it was outlawed where I'm at then it would become useless to me and I'd abandon it. I use it for buying stuff and saving. I'd have to wait a few decades for a BTC closed loop to develop before it was any use for me again.
And I don't get people who use the outlawing = sexy analogy. People are going to do drugs no matter what their legal status because it makes them feel good. I use Bitcoin for its utility. Outlawing it removes that utility almost completely and no one else I interact with is going to want it either.
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I honestly do not know how to feel about this. Even if Baidu is considered as the fourth most visited, I do not know just how much Baidu has a contribution to Bitcoin. I mean, would it actually be a big impact? I am honestly asking the question here.
Have you ever done anything Bitcoin related through google advertising? I have not. Now if Baidu were removing all Bitcoin related search results, then it's time to cream your knickers.
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Maybe the incentive will be the first world observing lesser worlds having an explosion in commerce due to crypto.
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Well, it would be nice if we knew why they stopped with Bitcoin. It's definitely not a good sign that big businesses like Baidu abandon Bitcoin after having implemented it.
It's a search engine. The only thing they stopped implementing was advertising. If they'd implemented Bitcoin itself they'd have had their arses shut down by the government.
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Hmm. All looks fairly consistent to me. Weird pics. Over excitement. Doesn't appear to have ever been into capital letters.
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What about rolling tobacco? I might be interested in this and there don't seem to be many people on here who sell it.
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'These new regulations will also have an impact on Bitcoin in China. Since cryptocurrency does not fall under these regulations, it may become the new peer-to-peer lending option.'
Bitcoin is a fucking terrible medium for p2p lending. All you have to do is check out the loan section here or shitholes like BTCjam to figure that out. The volatility is going to wipe out someone on one side of the trade.
And if it did suddenly become the new thing for it, the government will come down like a ton of bricks.
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I would spunk one on general fripperies and some hols. The rest would remain unspent. I think it would be a sign that the party had only just got started.
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Most people are stupid, self centred and short sighted. That's why the government would nail you to the wall even if you were terribly diligent about it. They know they have to force people to pay otherwise the tap runs dry.
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How much Bitcoin advertising was taking place on there? Considering you can't use Bitcoin for anything in China there's no incentive for anyone to advertise it other than exchanges.
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So basically if you were given a pile of money you'd play traditional stocks or forex rather than buy btc then?
More than likely, though I'd prefer to purchase a top of the line shed instead. Enough's been allocated to crypto now.
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If that's the case then Bitcoin will remain forever dormant. People just don't want to think about this stuff and never will. As long as things keep vaguely chugging along they won't look around and question anything.
There are enough savvy people who do know what the score is to make a difference. As ever the ones who can be arsed to educate themselves will benefit.
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I shared it with communities of my acquaintance which might be interested, but the issues are too complex for this forum to discuss on topic, I think. You can always raise the issue in a more appropriate thread if you desire an in-depth discussion.
For the stupid amongst us can we at least get an (a) this is wonderful or (b) this is shit?
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Oh, since you prodded me I'll spill.
At present I wouldn't bother putting any more money in. The rallies have felt relatively uninspired and I'm not seeing much evidence of anything beyond a bog standard trickle of adoption happening.
My policy is wait and see. If some rumblings about scaling and ETF glimpses don't prod some market twitches then I've no real idea what will. Regular stock markets with stuffy old companies are producing far more action on a day by day basis, let alone forex.
Maybe I'm just bored but so are plenty of other people seemingly. Obviously we're way higher than we were a relatively short period of time ago but that's my pathetic monkey brain lacking perspective.
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