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13441  Bitcoin / Bitcoin Discussion / Re: Has Wired discovered the real Satoshi Nakamoto? (.. this time) on: December 09, 2015, 05:58:17 AM
If it is a hoax, it is a bloody good one. The Satoshi millions in the trust also explains why it has not moved. I just wonder, if this is true, who holds the private key. Could it be that we have two Satoshi's? Wright & Kleiman?

Who would have guessed that such a great mind, could have come from down under, from all places. Let's see how this play out. ^hmf^
13442  Economy / Service Discussion / Re: Why is it theres so few signature campaign offer for newbies? on: December 08, 2015, 07:46:44 AM
The newbie stage is short lived anyway and best used to ask some questions and to get a feel for the forum and it's rules. The advertisers do not want to pay for mostly non-constructive posting. The other members wants a spam-free environment to discuss Bitcoin.

If more signature campaigns offered newbies entry into this and the board gets spammed, more experienced people will leave and we will be left with a forum full of signature spammers.

Take the time to see what is posted on the forum and ask the questions while you are a newbie, and you will be jr member before you even know it. ^hmf^
13443  Economy / Marketplace / Re: How can we encourage local businesses to accept BTC? on: December 08, 2015, 07:32:19 AM
I always use this method, when I approach them. I ask them if they accept Bitcoin. If the reply is NO, I ask Why not?

~ If they say, What is Bitcoin - I would explain it shortly and direct them to online Bitcoin processors.
~ If they say, What is the advantage for them? - I would highlight the cost savings and the edge they have over
   other companies that did not accept it yet.
~ If they say, There is not enough demand for it - I send friends to their business to ask this same question.

It works 9 out of 10 times for me. Try that, it just works. ^hmf^
13444  Other / Meta / Re: reason why sig-campaigns are not banned? on: December 08, 2015, 07:18:55 AM
I have to say it is a great way to introduce new people to micro payments from all over the world. I regularly interact with people on other platforms and at some point the <Bitcoin> topic gets discussed. I use this forum as a example of how micro tasks can be awarded and they are normally blown out of the water, when they grasp this concept. I have seen some of these people joining and also participating in signature campaigns, which is great for adoption.

There will always be a few people who would misuse this opportunity, but they get dealt with very quickly. I post casually during the week and get rewarded for that, and over weekends I take a break and enjoy the fruit of my labor, by spending that bitcoins on my kids. < Buying a ice cream or paying for a movie >

Thanks for the opportunity to spoil my kids a little for the time I spend on here. ^hmf^
13445  Other / Meta / Re: Hilarious bots posting nonsense: what's the point? on: December 08, 2015, 06:58:21 AM
I have seen this type of bots on another forum too, they start out with garbage content <Think this is the testing phase> and then it gets replaced with Ad spamming. I was a moderator on that forum and it made me crazy to clean up all those posts manually.

I have to say, the mods on this forum are doing a damn fine job, protecting us from what could potentially be, Spam Hell.
13446  Other / Beginners & Help / Re: Confused. How to store bitcoins offline on: December 08, 2015, 06:24:04 AM
I do not use memory sticks at all, due to the vulnerabilities with the BadUsb exploits targeting the USB firmware. I would rather download the whole bitaddress.org website and transfer it to a offline computer and generate the paper wallets there. Print it and keep it safe and never go online with the old computer you used to generate it.

It has worked for me for years, and I have not lost any coins since I used this method. The printer buffer should also be cleared {hard rebooted} if you going to use it again in a online environment.
13447  Bitcoin / Press / Re: [2015-12-06] What If Finland Were To Pay Out A Basic Income in Bitcoin? on: December 07, 2015, 06:37:34 AM
The question is, what do they have to sacrifice to receive this? Last time I spoke to a guy from Finland {gamer} he said that they get daily payments made to make up for losses of income due to illness averaged about 80 percent of a typical wage and could last for as many as 300 workdays.

Hospital care in public hospitals was generally free, and other compensation amounted to 60 percent of doctors' fees, 75 percent of laboratory expenses, and 50 percent of medicine costs. In the mid-1980s, dental care was free for anyone born after 1961.

Maternity leave payments amounted to about 80 percent of income for about one year, and could begin five weeks before the estimated date of the birth.

They also paid for tertiary education for anything you want to study, but if you fail, you have to pay on your own.

How much of that is still in use today, is not clear to me, because I have not spoken to him in years. ^hmf^
13448  Bitcoin / Press / Re: [2015-12-05] Taringa! Just Paid $76,000 in BTC to it's users. on: December 07, 2015, 06:15:45 AM
Taringa might just have sparked something with this. There are always competition between social media for market share. If Taringa continue with this, they might just grab a share of other social media platforms and grow much bigger. We might just see a competitor to Facebook rising from the ashes.

I am just glad someone is rewarding content creators and they are exposing people to Bitcoin in the process. This might just spark curiosity with the other Taringa users, who did not receive this. ^hmmm^ 
13449  Bitcoin / Bitcoin Discussion / Re: I would be interested to learn about BTC adoption beyond the usual countries on: December 07, 2015, 06:05:53 AM
I visited Kenya < Nairobi > last year and they had BitPesa. The tourist guide showed us how it worked at a tavern < We call it a bar > and he says it converts digital currency such as bitcoin into local African currencies. M-pesa is more common, but bitcoin is making some in roads into the country.

I was amazed at the level of knowledge these guys had about mobile payment services. ^hmf^
13450  Other / Off-topic / Re: The maximum bitcoin you have in total till now on: December 07, 2015, 05:50:32 AM
I once had about 200, but I sold most of it and re-invested it into something else, when the price reached $800. I had my doubts about Bitcoin when it spiked to $1000. I am getting lower returns on my other investments, but I am riding out the storm and looking at the directions this whole Core / XT thing are going.

I still have a few bitcoins left, because I love the technology and I should still make a nice profit from that, if it goes to the moon. Those coins are all stashed away in paper wallets. ^hmf^
13451  Bitcoin / Bitcoin Discussion / Re: Catastrophic Solar Flare Erases All Soft Memory on: December 07, 2015, 05:39:50 AM
You would have to repeat the backup process for that every day, to have a updated version of the Blockchain. Why not rather build your own Faraday cage, and be protected from those pesky EMP's? Here is a link to start you on your journey to a EMP free zone, http://www.thesurvivalistblog.net/build-your-own-faraday-cage-heres-how/

I guess there are loads of them out there and some government and private companies have invested in this already.
13452  Bitcoin / Bitcoin Discussion / Re: What are your Top 5 bitcoin companies or services, and can you explain why? on: December 07, 2015, 05:33:49 AM
I have so much, how do I choose?

1. bitcointalk.org ~ So much information it hurts
2. Blockchain.info ~ Info / News / Online wallet service
3. bitcasino.io ~ Fun and entertaining
4. preev.com ~ Simple Bitcoin converter
5. gyft.com ~ I get discount for buying with bitcoins

There are loads more, but you asked for the Top 5  Roll Eyes
13453  Bitcoin / Bitcoin Discussion / Re: What's your story, how did you become interested in Bitcoin? on: December 07, 2015, 05:24:50 AM
The first time I heard about Bitcoin, was when I was standing in a shop and the guy in front of me asked, "Do you accept Bitcoin"
I had no idea what it was, and I did not want to look like a idiot, so I went home and I Googled it. Those few words, pulled me down the rabbit hole. I was hooked, when I grasped the whole concept.  Grin

Oh the lady in the shop replied, "No Sir, but my boss is looking into it."
13454  Economy / Economics / Re: What is the most expensive thing, you bought with Bitcoin? Does price matter? on: December 04, 2015, 07:00:04 AM
If a merchant accepts bitcoin, I prefer to pay with bitcoin, but I always make sure I buy back the bitcoins I used. This cancel the regret I might experience, if the price goes up in future. It is not always possible for the more expensive items, but I try.

I have reserve coins in cold storage for the big pay day when the price reach crazy levels and that would make up for all the bitcoin I have spend, when the price was lower. The opposite is also true, you might not spend it when the price was at it's current levels and it might drop to a few cents and you would regret not spending it, when it was $300.

None of us know what the future will bring, let's just enjoy the moment. ^LoL^
 
13455  Bitcoin / Press / Re: [2015-12-03] Inventors: Bitcoin mining water heater is a groundbreaking idea on: December 04, 2015, 06:43:59 AM
Let's be positive about this. I think most people want to get back to solo mining, if it could be made profitable in some way. The utilization of the heat generated from mining and the cost saving derived from this operation, could just be the answer to making solo mining profitable again.

We all need to find innovative ways to join technology to reduce the environmental impact Bitcoin mining have on this planet. If this heat was used and not wasted, people would be saving electricity and energy they would have used on a heating bill.
13456  Bitcoin / Bitcoin Discussion / Re: Blockchain Vixen Blythe Masters Chooses Startup Over Top Barclay's Position on: December 04, 2015, 06:22:29 AM
She is the <fiat cheerleader> every passionate Bitcoiner hates. She manifest the arrogance of the current financial system. Barclay's recently pushed for innovation in the Blockchain and Bitcoin environment and I think it goes against everything she stands for.

She is a worthy opponent against Bitcoin and we should follow her movements in the financial world.   
13457  Bitcoin / Bitcoin Discussion / Re: Why arnt we seeing more bitcoin ATM popping up? on: December 04, 2015, 06:10:25 AM
I should say, Bitcoin Vending machines would be a better investment in countries where the regulations are less intense, because the regulations and the effort people have to go through at a Bitcoin ATM, would chase away customers. They are used to much less complicated Fiat ATM's and the Bitcoin ATM's is just too much effort.

Once again governments are putting stumbling blocks in the path of Bitcoin's progress. ^hmmm^
13458  Bitcoin / Bitcoin Discussion / Re: Can't believe i was able to register this bitcoin domain on: December 04, 2015, 05:56:37 AM
Let's be honest, who types out long addresses these days? You copy and paste it, and then you rely on auto complete to fill in the gaps, when you want to visit it again or you just add it as a favorite and go from there.

The long extension is no biggie, and I think you will do good with that one, if you hold onto it or do something nice with it. Well Done ^hmf^
13459  Bitcoin / Bitcoin Discussion / Re: Any news on whether the Queen or Vatican accept Bitcoin / Crypto on: December 04, 2015, 05:44:53 AM
should be about time the Pope did a sermon on coin, it is of course

going to deliver the freedoms religion has been promising for so long



 Cheesy
Good idea Smiley On a second thought I dont think it would be in the interest of bitcoin if we rope in religious leaders in cryptocurruncy Cheesy

You cannot be serious? If the Pope tweet about this once, you would reach about 10 000 000 Twitter followers.
http://www.huffingtonpost.com/2013/10/28/pope-francis-twitter_n_4170054.html

According to the Census of the 2015 Annuario Pontificio (Pontifical Yearbook), the number of Catholics in the world was about 1.254 billion at the end of 2013.
https://en.wikipedia.org/wiki/Catholic_Church_by_country

In my opinion, it would be the best thing to happen, if the Pope and the Catholic church supported it.


13460  Bitcoin / Bitcoin Discussion / Re: Bitcoin used to do money laundering - will it become a huge problem? on: December 04, 2015, 05:36:02 AM
In my country, if you are flagged as a possible money launderer, you have to go through a full life style audit, to explain how you maintain and fund your luxurious life style. If you cannot explain it, they will start a full investigation and you will eventually get caught.

The penalties for tax evasion is harsh and some people do some jail time. So it is not worth it. ^hmf^
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