Yes that sucks, I once send 0.02 to someone and I copy and pasted the address from a email he send me, and I only copied part of the address, because I was in a hurry. It warned me that the address was wrong, and I checked it quickly and just added the last number and clicked send. Not seeing that the last number was on the next line.
It completed the address and I send it to the dump site for idiots. Some day, some lucky bugger will pick up some free coins, when he generates that address. Lesson learned, do not do financial transactions when you just woke up.
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Bitcoin are always used for something bad in movies and series. A recent movie with a bitcoin reference are <Dope> There has also been a couple of series on television, where Bitcoin was linked to criminal activities, and it usually has something to do with anonymous payments. <This is a myth>
Just get used to this, because Bitcoin has built up a reputation for involvement with crime and the media is riding that false wave.
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typical Russian hubris. Admits he's a crook, but wants everyone to thank him for being such a great help to the community.
arent there any anti-ponzi laws in russia?
In 2007 Sergei Mavrodi was found guilty in a Russian court of defrauding 10,000 investors out of 110 million rubles ($4.3 million) On April 28, 2007, a Moscow court sentenced him to four and a half years in a penal colony. The court also fined him 10,000 rubles ($390) In January 2011, Mavrodi launched another pyramid scheme called MMM-2011. Mavrodi said that his goal with MMM-2011 is to destroy the current financial system, which he considers unfair, which would allow something new to take its place. MMM-2011 was able to function openly as Ponzi schemes and financial pyramids are not illegal under Russian law. There you have it, a short summary of his history with Ponzi schemes. The authorities are well aware of this and have reacted on this before. Lately countries like China & India and South Africa have been targeted by this too.
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My uncle caught onto this very quickly, because he is a Doom's day prepper. He has fears over the pending global financial collapse and he is preparing for that. He was looking into alternative payment methods and inflation proof currencies and I introduced him to Bitcoin.
I gifted him 0.5 BTC in the beginning and he has since given 1 BTC back with interest. He has this theory that fiat currencies will collapse and alternative currencies and old bartering systems will return. He is stocking up on food and cigarettes and also some bitcoin. ^hmf^
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If Bitcoin was a Ponzi, it would have been the most successful one out there. Just imagine that, a Ponzi with $1 Billion VC investment and used as a currency and accepted by more than 250 000 merchants world wide. The Ponzi has also been so successful that mayor banks are trying to copy it.
When the ignorant people pushing this Ponzi nonsense wake up, they would have missed the boat. ^hmf^
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Walter Wriston, former CEO of Citibank, 1997Money is a social construct, not just a technological one. For e-cash to be money, everyone has to agree that it's money. “Money is a terrible thing.” Gene Roddenberry, Creator of Star Trek “We have eliminated hunger, want, the need for possessions.” Jean Luc Picard, Captain, USS Enterprise Could it be true? Could the future not just be cashless, but moneyless? Doing a prediction is easy, even the movie industry can do it.
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This is what was reported last year. 2014 : https://blog.bitpay.com/bitcoin-black-friday-2014-recap/~ 82% increase in the number of merchants who completed transactions compared to 2013. ~ Gyft and NewEgg experienced their best day of bitcoin sales ever. ~ Other merchants with notable volume on Black Friday include: TigerDirect, Adafruit and Namecheap. Let's make 2015 a even bigger event and show other merchants out there, who has not adopted Bitcoin, what they are missing out on.
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We will see a huge surge in adoption for the next few years, and then one of the competing Alt coins with better features will be supported by some governments and it will replace Bitcoin. If Bitcoin cannot change and adapt to the users needs, it will be replaced with a Alt coin with those features.
Politics will drive the change as Crypto currencies gets mainstream and fiat collapse. ^hmf^
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I will never forget the story my father told me about the neighbor's son. He said the neighbor's son < A investment banker > went to his father and asked him, how much money he would figure would be enough to retire early. The father looked at his son and said, "Son, at the rate you guys are fucking up the financial system, you would have to work until you die." I have no trust in the fiat system and are currently buying real estate and physical assets I can sell, with the highest value and the lowest depreciating value. I speculate and trade with other options, just to fund the investments I mentioned above. I also have a little bitcoins, just in case this thing goes to the moon. I increase the hoard, when the price is low.
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It's obvious that they know what they were doing. Sending a small test transaction and having excellent 'privacy hygiene' as he said. It would have been nice, if it were made public and we knew what they planning to do with those coins, but I guess we have to honor their privacy.
The decision to hoard or to sell, will have a definite impact on the price. ^hmf^
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Wanna know the funny part of this thread? ONLY 11 replies to-date. HAHAHA 2-3 years ago this thread would've had 100+ posts in the first hour alone.
I think most of the people who lost coins there, has left the community and the people around today has got used to services like these scamming people out of their coins. A lot of people joined after this, and would not know anything about this. Asher <CoinJar> will just deny Zhou Tong's being found guilty of any crime or involvement with that and simply ignore those type of questions.
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Sweet mother of Jesus that is a lot of bitcorns, wish I had so many Looks like one person who split some of his/her $60m into portions of around $500k with still a pretty large balance left to go. See the fee was a mere $0.16 for sending the $60m. Now try and do that at a bank. haha, you got it! only with all those types of examples people can start to realize why bitcoin is so good for everybody, well maybe not for everybody, banks will disagree with lot of things... 155,841, if now is a big quantity, w8 few years and we will see the trully value of that transaction You cannot compare the amount of coins send in 2009 with the same amounts send in say 2014. The value of the same coins would have been totally different at the time. Gavin's faucet paid out 5 bitcoin per hour back then. A faucet paying 5 bitcoin per hour these days would bankrupt the owner within the first hour. I would rather want someone to compare apples with apples and find the highest valued Bitcoin transaction, not the biggest amount of coins.
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You might think Satoshi Nakamoto is a single person, I on the other hand think they are a group of people. The decision to reveal them would not happen, and I base my theory on the 1 000 000 coins that are unclaimed. Money and fame are not the driving force behind this group. They decided to take on the system and to give it back to the people. This makes them a target for a wide variety of agencies and countries around the world.
The Nobel prize and the fame and fortune, is not worth the risk. ^hmf^
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What hood? The hood he is wearing, because he is a superhero or does he live in the hood? <The Bronx> There is so many discussions on this topic, we just have to fool around with this. As said so many times before, Satoshi Nakamoto should remain hidden forever.
Satoshi represent the people not the person. ^hmf^
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I plan to convert 5% of my salary into Bitcoin every month, when the price is low and keep the 5% in my fiat savings account, if it is high. When the price is low enough, I will withdraw it and buy at the low price. I hoard every single Satoshi I earn and set 30% from that aside to trade on exchanges. I am looking at early retirement, and for me to do that, I would need to triple the amount of coins I have now, and for those coins to be double the value it is now.
This will buffer my inflation lost on other investments and would keep me floating for a while longer after I stopped working.
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My vision for this is quite different from that. I think the water or liquid will dry up once the glass has reached capacity. The public will see this as a failure and stick too fiat or credit cards or PayPal. Both of these options alienate people from Crypto currencies. The developers should get their act together and sort out the mess they created with this.
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I create a separate address for every new service or website I use. I already have way over 50 addresses created for things I experiment with. There are simply too many tracking websites out there and people chasing after your money. I see no advantage of using only one or two addresses. Keep everything separated and protect your privacy.
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I doubt that over 21% on this forum, have above 100 Bitcoins. Of all the addresses out there less than 2% of the total amount of coins are situated in one address. The OP should have asked, how many people have x amount of hoarded coins. The daily total will differ, if it is used on a daily basis.
This will never be a true reflection of the actual figures. <People will not reveal the true amount> ^hmf^
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I am not acctually a supporter of any of these changes now. It seems as though both sides has a bit of a hidden agenda with the BIP they submitted. The people should set aside their agenda and come to the table with BIP's that are needed. You cannot submit a BIP to take control over Bitcoin development or to further your side chains or lightning project, or whatever project you are working on.
The BIP you submit, should benefit the protocol and it's users, not your power trip or your pockets.
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