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Do you guys have a Bitcoin address, if someone want to make donations? Kids always have a soft spot in our lives.
I hope you are learning them a bit about Bitcoin too ^LoL^ Start them young on their road to success.
Please give us regular feedback, because we see a lot of people accepting Bitcoin as a payment option, but they seldom come back to share their success and failures for us to learn from.
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Your best bet, would be to start out with small transactions, until you feel comfortable that you are not getting scammed. If you go the exchange way as was suggested, make sure you are using a throw away account at another bank. <Banks have a tendency to close accounts linked to Bitcoin> You do not want to risk losing your primary account.
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I would rather store my Bitcoins on a Trezor than storing it on a paper wallet. The thread Amph posted here also shifted my trust, when I read it for the first time a while ago. I was one of the people, saying paper wallets are the safest option to store Bitcoins. I was wrong ^sad^
A Trezor can also be hacked <with special tools> but you have to be in possession of the hardware wallet to do it.
My Trezor is locked up in a safe in my house. So good luck with that.
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Hmm.. this means that they don't understand how Bitcoin works. Why should they bother about the exchange rate? If they are using Bitpay or coinbase to make their payment, then the Bitcoin exchange rate has nothing to do with the final purchase price of the product. The volatility issue arises only when they want to hold / stash their coins.
No you don't understand. They cant use it because if they hold it for more then 10 minutes they may lose their lunch money. Don't be so negative. It could also swing the other way and they would be able to buy lunch for themselves and for a friend, if it goes up. ^joking^ Depends on how you choose to look at it. Students are normally cash strapped and small changes like these might just have a impact on their daily budget, if it was paid by the parents in Bitcoin. I was there and I know what they are saying. If I get $200 a week spending money, and I spend 20% on food and 80% on booze, every percentage drop in the Bitcoin price will influence how much I can drink at the end of the day. ^Ha Ha Ha^ |
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So they are making it cheaper to send a bitcoin node into orbit? How long does that payload stay in orbit? I am no space buff, but it sounds doable if that is the goal. There are so many space junk up there, I think it must be a nightmare for NASA or any other organization to launch or navigate through all that.
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What about toilet bowl warmers or electric blankets? ^Ha ha ha^
Seriously, I would like to see these light bulbs in billboards and in street lights everywhere. Only problem with that might be the wireless access and the theft of these devices.
Vegas have enough lights to cover most of the worlds needs, when it comes to "Bitcoin" mining with light bulbs.
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Is this coming from the fox in the hen house? He has eaten almost all the chickens and now he wants to warn us about the other fox?
You do not need a teacher to tell us that, we just have to look at these Chinese exchanges like OKCoin to know that this will happen again.
The one positive thing that did come out of this, was the FINCen regulations being applied to the US exchanges to protect the users. <<Or so they say>>
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This is my view :
---------------------------------------------------------------------------------------------------------
person 141: WTF is Bitcoin?
person 142: How do I make money?
person 143: Join a signature campaign
person 144: Spam Spam Spam
person 145: The signature campaign pay shit, where can I get more?
person 146: Use the faucets
person 147: WTF is faucets?
person 148: Faucets pay shit, SHOW ME THE MONEY!!!
person 149: STFU noob - 4 week Ban
person 150: Why was I banned?
---------------------------------------------------------------------------------------------------------
Gross exaggeration, but it's still horribly funny. I learned the hard way, and now I respect the forum and it's goals.
*Now averaging 2.8 posts/day and researching my posts before I post to contribute positively.
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Even if it goes down, you will still have cache of this site stored somewhere else.
Some of the oldest BBS's are still archived on other sites. The biggest influence it would have, could be the immediate answers you get from a wealth of experienced users, centered in one place.
These users might not join a new forum, if BCT goes down permanently. They would just use their accounts on Reddit, to continue the discussions.
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Do they really pump by investing capital into Bitcoin projects? This would be a high risk / low return investment if they did that for short term gains.
The amounts being pumped into Bitcoin cannot all be targeted to create a hype, it's beyond that point already.
The people going in now, are long term investors.
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No mechanism will stop a crime on the forum, but it could be reduced if some things are acknowledged as a crime and then moderated accordingly. Post or threads could be deleted, if it is deemed to be against the rules of the forum.
To make these rules or to acknowledge something as a crime, it should be against the laws of all people from every country around the world. Ponzi's for example, is not against the laws of some countries.
The popular believe, is to outlaw anything that may be against the laws of the country where the forum is hosted.
The forum owner are held responsible for everything that is done on his or her forum. <Like with Silkroad>
This is very difficult to prosecute, if the forum is hosted in a neutral area, but managed or owned by someone from another nationality.
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The transaction volume is higher than before, so I cannot see how this is even relevant. I am not spending more than last year, because the price is so low.
There should in theory be a steady increase in the transaction volumes as the merchants and vendors increase.
The latest testing of the blockchain could have a influence in the short term.
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On my next date, I will wear a T-shirt with a QR code printed on the front. The QR code will point to one of the richest Bitcoin addresses out there now.
I will print the following on my back " Do you like me now? "
It will get me laid, but I will have a truck load of trouble when she finds out, I am not the owner. ^grrr^
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Why then are people second guessing the upgrades Gavin suggested?
Last time I checked, we were averaging 100 000 transactions... The stress testing is @#%king with the stats. ^hmf^
At this stage, I cannot see how we would be able to go mainstream with protocol as it is now.
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There is no reason not to do both. I hodl 50% of my coins and trade and spend the other 50%. Use Bitcoin in the same way you normally used fiat. A LOT of people use Bitcoin as a possible investment plan, not for it's currency feature. The more they hoard, the better for us, because it helps to increase the value of the coins currently in circulation. We are FREE to use Bitcoin in the way we want to use it.
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You cannot judge a coin just based on it's transactions per second feature. I would rather use a crypto currency that are widely adopted and excepted by every merchant out there, than going with a coin, that has all the features, but NO support or demand.
It has taken MANY years to establish a merchant base for Bitcoin, and now you want people to switch coins and back a horse nobody knows? Good luck with that.
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Not everyone hate banks <<Did I just say that?>> Most Bitcoiners still use banks for things like mortages and loans and the payments requiring the fiat system.
If they combine the two, they might grab a share of the market, currently held by banks that does not allow Bitcoin.
If I am forced to use a bank, I will rather use a bank that are pro Bitcoin. How many people had already had their bank accounts frozen, when it was linked to Bitcoin? They spot a gap in the market, and they capitalized on it.
Take the business away from the banks, who does not acknowledge or allow Bitcoin users.
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Even though all of them are ground breaking tech, I am most excited about two of them :
Streamium >> For it's decentralized nature and it's disruptive possibilities.
Bitfury light bulbs >> Simply because I like gadgets and also it's goal to support the network
The other uses are good, but not very mainstream in my opinion.
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Why can't somone just run Silkroad or any of its alternatives from a country where US has almost no jurisdiction to arrest someone ? Someone probably could do it in Russia, and do it without making any mistakes like what Silkroad did. If I was Ross, I would definitely would have gotten out of the country if I could .
The goal is not to create a NEXT Silkroad, but to create something that is truly private. Until recently I have thought Switzerland was neutral, but I learned that they are working with the USA to infringe on people's privacy. You cannot shift anything to a single country, and think they will stay neutral forever. It has to be open source and it has to be decentralized for it to work. I am all for internet privacy, but not for a NEXT Silkroad linked to Bitcoin. |
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