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Who in his right mind would buy shares in a failing bank?
"The analysis by Rothschild concludes that a multibillion-pound lawsuit that RBS faces from the US authorities relating to the subprime mortgage crisis and expected later this year will not damage the bank’s fragile share price."
To top that, they are faced with the biggest disruptive technology, since horses was replaced by cars.
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"But soon it will change, thanks to affordable wind turbines and solar panels entering the market. People will soon be able to have their own setup on their homes and generate enough power to power their mining hardware"
What the FUD? Solo Bitcoin mining will never be able to compete with mining farms, even if they used free electricity. These devices will become mere useless gadgets in the Internet of things.
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He did not just fool his own family, his closest friend René Pinnell, who lived with Ulbricht in San Francisco also did not know what he was doing. It looks like he told them that he was trading Bitcoin online.
His grandmother said, "He was good with computers." He is in no way not guilty and the people around him looks to be oblivious to his online operations.
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The problem comes in with the old outdated Wyoming Money Transmitters Act – which requires licensees hold in cash, CDs, securities or other authorized investments in the amount of money that’s being transferred digitally. Some of these companies cannot adhere to these requirements and are forced to exclude Wyoming from their services. Here is the source for the legislation : http://legisweb.state.wy.us/statutes/statutes.aspx?file=titles/Title40/T40CH22.htm |
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Funny, much funny  I have one question though: Why would everyone (or anyone for that matter) in the whole world report capital gains to the U.S. government? Well if you decide not to do it, the IRS will hunt you down and seize your assets. Are you saying it's not necessary to report capital gains in the USA? Elmer Fudge strikes again.  |
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Regulation is only good, if it protects the consumer. In New York you will find more people shifting operations to countries where they feel more welcomed. This is already happening : https://www.cryptocoinsnews.com/eobot-bitcoin-mining-company-pulls-new-york-state-bitlicense/This is also why ShapeShift announced that it is suspending service to residents of New York State on account of the BitLicense regulation. So they are not just moving operations away from New York State, they are also denying services to New York State citizens due to this. Who are the people suffering? Not just the companies, but the average users of Bitcoin. ^Very Very Sad^ The only person laughing all the way to the bank is Lawsky and his new 'advisory' venture on BitLicense. |
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Not to rain on anyone's parade, but here are a few factoids about Canada: 1. The Canadian Senate is not an elected body. Members are appointed by the actual government. Appointments are historically patronage gigs for old party loyalists. The present prime minister (the actual head of government) campaigned on replacing the senate with an elected body but, once in office, continued the practice of appointing hacks to the senate instead. One such appointment is in full scandal mode right now: http://www.cbc.ca/news/politics/topic/Tag/Mike%20Duffy%20trial2. Senate reports are sometimes used as trial balloons by a government. If well received, the actual government decision-makers (in the House of Commons) might make it their policy. Otherwise it can be ignored as "just a Senate report", which is the norm. 3. Canadian winters are as varied as the country, which is larger than the US (sorry about that). I have even lived in a Canadian area, admittedly a small one, with a true Mediterranean climate - people grow figs outdoors, protected only by bird netting. I'm not saying where in the country it is though - just in case.  4. Canada has no "states". The Canadian equivalents are provinces and territories. You are right (upthread) that these governments may or may not come up with their own BTC policies - I hope nothing like Lawsky's caper in New York, but - perhaps ominously - the Senate committee made a field trip to New York as part of their "investigation", according to Canadian media. I imagine it was probably just an excuse for shopping and nightlife, but you never know. tl/dr The Canadian Senate is not the voice of the Canadian Government. Canadian government policy re BTC is not yet announced. This might hint at good news to come or it might not. Watch and wait. Looks like you have some inside knowledge to the inner workings of the Canadian Government. Thanks for the information. Just a question or two: What percentage of these reports end up as policy? Can the merchants and vendors accept Bitcoin as a payment method, before policy have been formulated? I thought about going there, but I am from a country with warmer average temperatures and it's damn cold up there. |
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At first I thought my eyes are trying to deceive me, when I saw the figures for South Africa.
There was most definitely a huge spike in the last couple of months in that country for some unknown reason.
I wonder if it was only a once off or if it is a trend that is building. Thank you OP I will most definitely keep an eye on these stats for future investment possibilities.
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For the sake of transparency, how does the scam work? Do they accept BTC and then they just run with the money? How many other people have the same problem? This should be posted under the Scam Accusation Topic here https://bitcointalk.org/index.php?board=83.0People checking for things being a scam, will go to that section and would miss it here. |
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Go watch the movie Project Almanac and come back here and comment on if you still think changing the past will make a difference in the future. I personally do not think being rich makes any difference. There are a lot of unhappy and lonely rich people in this world. The most positive thing you might get from a time machine, would be the time itself.
I think being healthy and able to do the things we do are one of the biggest treasures we have. Ask anyone dying from Cancer, what they would want the most, and they would say <Give me more time to be healthy>
Being rich is over-rated. ^Happy^
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the site is quite simple..and the rates is very low.. at first maybe 250min is normal but if u targeted higher traffic so 500 is standar
Hello Agustina, Yes my idea was to make it as simple as possible. I have put the rates up quite a bit, the minimum payout is now 500 satoshi but there is a big chance you can get way more, I really want to make this the highest earning faucet out there, but I do need some more clicks on my ads to get there..... I have also opened a Facebook page, trying to target some more users. The general idea is to promote simple using faucet, the kind of faucet you go put your address, enter the captcha and claim directly... Thank you so much for your feedback... leave me your btc address to tip you!!  That is the main problem with any new faucets out there. How to fund the faucet with high payouts while the site is still small. Most of the first advertisement income hardly cover your own costs of doing the payouts in the beginning. I would suggest you funding some cheap advertisement banner on some of the bigger and popular faucets out there. For example Moonbit and Freebitco.in <You are targeting faucet users, so why not go to the place, where the most of them are> I have done this before and these faucet owners do not have a problem with that. Other people start out a faucet with huge payouts, to attract as many users as possible in the quickest time possible, but I think this idea is flawed. If you cannot maintain these huge payouts, your faucet is doomed for failure within the first couple of months. Good luck. You are entering a very saturated field and most people feel it's a waste of time. So do your best to proof them wrong. |
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Transaction fees Will be the mining reward. High use of the bitcoin network Will be required to adequately pay the miners. On the other hand, You Will probably not live by that Time anymore, so You dont need to worry too much.
So the mining power thrown at bitcoin will be radically reduced at that point but it won't matter as 51% attacks would be useless since no new coins will be produced.The threat of a 51% attack has to do with the ability to double spend coins you already have and not the coins being paid as a reward for the mining being done. If it was possible to succeed and to maintain a 51% attack, you could spend the coins you own at one place and spend the same coins at another place. This is not a option, because the cost of maintaining a 51% attack, out weigh the benefits from doing it. |
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" It further declared that all risks related to the ownership and use of Bitcoin should be borne by the owners. "
This is the whole point to using Crypto currencies. Take control over your own money and do not pay huge fees for 3rd parties like banks to manage your money for you. Did they not get the memo?
"“From that statement, we may conclude that the legal medium of exchange in Indonesia should be only Rupiah. US Dollar and gold are also not a legal medium of payment. Thus, in a way, Bitcoin can be treated as a commodity (a digital commodity), same as gold. Bitcoin is allowed to exist in Indonesia, and people are allowed to buy, sell and own Bitcoin as long as it is not used as a medium of payment.”
So what do you do with a digital commodity, if you cannot pay with it?
So Indonesia just blocked off any tourism income from Bitcoin users and they killed Bitcoin innovation and job opportunities to protect the Rupiah? Like the other countries who restricted Bitcoin, they will be left behind.
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" Although it seems that some of the hype around Bitcoin has died down, from the actions taken by businesses to allow for the “cryptocurrency” to be used as a payment method, it’s clear to see that it’s not going anywhere. We’ll keep our eyes open and ears on the ground to keep you posted on the next developments in the months to come."
This part can be interpreted in two ways :
1. Bitcoin is not going anywhere <It's momentum has stopped and it's stagnate.>
2. It's not dying as most predicted. <It's staying and not going anywhere>
Yes, back to the OP's topic
Gaming is ripe for 100% integration of micro payments within games. If instants payments are needed, they could use something like Xapo.
I do not like the token idea very much, because it just complicates things for the end user.
The trend seems to be to implement a new Alt coin for gaming, but I would steer clear of that concept. Do not base your games success on a Alt coin that would never go mainstream, rather use Bitcoin. People will only sell these Alt coins to buy Bitcoin or to push it back to fiat.
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I see Bitcasino.io has 63 900 BTC in Slot Jackpots. Do they physically have those coins or do they just offer that amount of coins, when people win these jackpots at different times?
It would be interesting, if someone could quote statistics on price movement on exchanges for the different amounts.
A whale should be someone, who can move the price of Bitcoin when he/she sells their coins. If that is the case, you are defined as a whale in my books.
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How can EpicScale and µTorrent say that the miner was not installed without user permission?
Many other Freeware & Shareware programs do this, but you are prompted to select, if you want the extras to be installed or not.
They sneaked it in there with the client and they hoped nobody will pick it up. Now 6% of Windows users with µTorrent installed, are mining LiteCoin. ^hilarious^
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For me it is ideal because I am paid in dollars but live in Europe. Selling bitcoins via localbitcoins I actually make a 10% profit on every euro that I convert. By doing this I am basically getting at least a 10% raise plus the amount of extra value I get by only spending when the price is higher or equal to the amount of my paycheck (the price does go up between paychecks at times as well).
And if all you do is get paid in bitcoin and don't try to time it by spending when the price is high you are essentially dollar cost averaging, so over time your pay averages out.
Damn, excellent idea. How do you declare the 10% profit for tax purposes? <Capital Gain?> After reading this, I am seriously thinking of asking for a percentage of my salary to be paid in Bitcoin. I buy small amounts every month anyway, so I might ask them to buy it for me, and I save on the extra charges/profit people add to the price on Localbitcoins. Another way to think about this is: If a employer buy a huge amount of Bitcoins when the price is low, and they pay it to their employees when the price is higher, they could reduce their salary portion of the business. <They also benefit from a price increase> |
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Well kudo's for coming up with that pun. It's strange how things like this carry on, even though most people are buying dope with fiat. I guess any bad publicity is still good publicity and the reality is, they started to accept Bitcoin. We take the good with the bad any day. I will rather go watch Jurrasic Park ^Hmmmm^
I just hope people will support this, and they will not find it too difficult.
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If you listen to all these Bitcoin Nicknames like BitCoinJesus etc. etc. you might think you are in church. There are loads of people, who worship money. If you worship "Bitcoin" with a secret creator, you are setting yourself up for disappointment. Do you think there are people worshiping their credit cards or their PayPal accounts?
It's just a great technology and a fun hobby, nothing more and nothing less. ^Lmao^
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