How ironic ~ Nobody know for sure, but it looked like Satoshi developed the Bitcoin protocol to stick it to the banks. Now he is gone and they are stealing his blockchain technology to use it to make them even stronger.
They will not use the blockchain in fear of what it could be used for if he retaliates, they would rather use a new technology based on his concept. ^Very Sad^
What did you expect? The banks would never open their arms and embrace a free, open source project, they want their own cake and charge their own interest rates for their slices. Our hope is that their experiments fail and they end up forced to enter the bitcoin blockchain or be deprecated by it. I did not expect anything less from them. They nearly collapsed the global economy with their scrupulous practices and they are extorting the poor to enrich themselves in developing countries. What I do expect from them, are a total re-branding of the Blockchain technology as their own innovation and a focused attack on the Bitcoin community to destroy them. All this being funded by our money. |
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Some of the gambling sites I use allow for 1 confirmation to except the transaction or deposit. So for me it is not such a big issue. I will agree with you that it would become a problem if I had to pay for a cup of Java and by the time the confirmation comes through the coffee will be cold. On smaller transactions this might become a bigger problem.
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How ironic ~ Nobody know for sure, but it looked like Satoshi developed the Bitcoin protocol to stick it to the banks. Now he is gone and they are stealing his blockchain technology to use it to make them even stronger.
They will not use the blockchain in fear of what it could be used for if he retaliates, they would rather use a new technology based on his concept. ^Very Sad^
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he would have cashed out those early bitcoins years ago.
he can't spend his coin because he don't have access to his wallet....i'm pretty sure he have lost his private keys.... the question is....why these bitcoins are dormient for years ? if you had created something that could make you rich , why the hell did not use it ? at least a part of them .... I do not believe that satoshi created everything ' to free , maybe it was not for profit , but when values have risen why not enjoy the money you earn? The only way I could see the NSA/CIA doing it is if they had the director of the operation standing over them ensuring that they deleted the private keys for every mined block, and then had multiple people supervise the destruction of the hard drive where the private key existed (every 10 minutes). Two FBI guys were exposed to private keys worth a lot less and they ended up stealing them. We are after all dealing with government employees here.  Most of these guys are getting paid much better than their peers in the private sector. ^joke^ Do you think a agency exposed him and he was forced to destroy it? He is such a genius, I would think that he committed his whole private key to memory. ^joke#2^ |
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Why not make it interesting and just change it a little? 1s@t=0.00000001BTC
Just replace the a with @ and you have something with a different meaning? I hate it when sites use bits and I have to jump to preev.com to do the conversion. Yes I am too lazy to think.
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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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