My spouse agreed to stream a LIVE feed of <spring cleaning in the buff> I made the mistake of saying, Who the hell is going to pay to watch that? I am now officially in the Dog Box for a month. Next time, I will have to count my words or swallow it, if it pay off and pay the bills. ^Hmmmm^
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They can accept what they want, but I want BTC to be one of them or I would be pissed. I would like to pay for my McBurger with my McBitcoin NOW. If we demand it, they will accept it, if we keep quite nobody will take notice. Buy your burger and chips and demand to pay in Bitcoin. When they deny your request, say the following : "So you want to ignore the fastest growing NEW trending currency out there?" Then report back here, I'd like to hear their response when 50 people do that in one location. ^Ha ha ha^
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"A friend of an enemy is friend" It's never more true than how they saying it there. The banks apply the strategy of " My friends, friend is my enemy, If you keep that friend, you are my enemy " They have so much power, for them to decide who they want as friends and who they want to turn into enemies. This just shows you, how money rules the world. ^evil^
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The man on the street should only understand this part, [ “The easy answer, which may or may not be correct is that transaction volume will ramp up, we’ll scale the network and transaction fees will take over,” said Andresen ] In 125 years from now, Bitcoin will be a distant memory and we would be paying with our minds. ^Ha Ha Ha^ At the rate we are going now, the world would be destroyed and we would have nothing to buy.
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" Bitcoin is an online currency that’s nearly impossible to trace. " FUD #1 " Its founder, Satoshi Nakamoto, mined over 1,000,000 bitcoins before the growing number of competing miners raised the difficulty to levels exceeding his own profitability. " FUD #2 " Once the “easy coins” dried up, the infamous crypto creator vanished with his bulging pot of digital gold." FUD #3
## The funny part is, the OP thinks we are going to buy Goldcoins, when he post enough FUD about Bitcoin ##
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Let me be the one to burst the bubble. Do not get me wrong, I am a huge BTC fan and I will support it to the end BUT I am a realistic too. We assume BTC will be the de fact coin and everyone will be converted. WU and the banks are not sitting on their hands, they are investing millions into the development of their own technologies. <Mastercard Send, was launched yesterday to counter Bitcoin> My prediction would be a maximum of 3 years dominance for Bitcoin and then a complete replacement by a NEW technology.
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Bitcoin does not need a leader, just someone to maintain the code. If the change is good, people will adopt and implement it. It's not as complex as these people are making it. The Core developers work with the code every day, and they calculate the figures and the impact on the blockchain, and we trust them to make the most sensible changes. We cannot stay with the status quo, things must change as the blockchain grows in popularity and use.
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Check the source, and what is their motives for saying this? The twelve members in the committee represent the US Government {Centralized} and the 5 Core developers represent the Bitcoin community and the decentralized protocol they use. ^Spot the difference?^
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Also about 2 years now. I have been a Bitcoin pessimist, and then I turned Lurker and now I am a enthusiast. The next step, will be a Bitcoin fanatic, and hopefully a expert. I read tons of information daily and take it up like a sponge. ^Keeping thumbs^
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The advantage of using the blockchain is that it's public and transparent and it cannot be changed or manipulated. The theory and the vehicle is there, but the application in practice is very complicated. You will have proof, that all votes entered is counted, but anonymity cannot be guaranteed. Good luck, with whomever wants to tackle this conundrum. <Yea, I know my spelling sucks>
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Ask someone to create a paper wallet with Bip32 PASSWORD protection. They should do it in front of you, but you have to look away when they enter the password/phrase. They then store the password for you, but you keep the private keys. When you want to buy something, and not gamble it away, they could provide you with the password. Use someone you can trust, that is the obvious part. They cannot access the coins without the private key any way. How does that sound?
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When wallet providers eventually get it right, security will be a non-issue. The banking sector have the same problems on the client side, so it's nothing new. To top that, they even have problems on the bank side too. The Bitcoin protocol on the other hand, has to my knowledge, never been compromised in such a way, that people lost Billions of dollars. <MtGox was not a protocol problem> This is something that these huge centralized financial services cannot say.
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We need people to trust the technology and for developers and programmers to develop the other features, like Smart contracts. The Blockchain has so much more to offer, and we just concentrate on the currency. Countries will develop their own ripoff versions of the blockchain and Bitcoin as a currency will die. ^Mark my words^ There is no intellectual property rights on the blockchain technology, so it's a Free4All out there.
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Why do you say that? People spending Bitcoin, does not secure the network. The more people or devices doing the mining, secure the network. If we end up with only 1 or 2 big mining farms doing all the mining, we would end up with more problems. I think it's a good thing, and even better, if they can make it profitable for the owner of the device.
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It will even be better, if we cancel all subscriptions to even our daily and weekly and monthly magazines and inform these people, that we would only re-new it, if they accepted Bitcoin as a payment method. The companies will only accept BTC if the clients demand for it to happen. ^frustrated^
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I will not be able to sleep, if I had to put the future of my money, into the hands of a electronic bot. These bots work on milliseconds, and if your strategy is countered, you could loose everything. I do see the need for them, and the stability and/or liquidity it can bring to the markets.
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You would be stupid to keep all your BTC in one wallet. Keep those coins seperated in smaller amounts on paper wallets not linked to each other. If you look at my address, you would not see any links to any of my other paper wallets. Just use cold storage for the bigger amounts and you will be safe. ^puzzled^
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Most people think, when you do the crime, you do the time and everything returns to normal. This is not true! The ex-offender goes back to the community with a criminal record and a gap in his or her CV. They start their NEW life, with no jobs or even a opportunity to get a NEW job. When they cannot find a job, they fall back onto crime to survive. Just put yourself in that position, and see if you would make these same negative comments about this project. If I can contribute to keep them from breaking into my house or car, I would.
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These exchanges are hectic my man, apart from a anal probe, they have all my other information. ^Sob^ At a meetup, I can talk to someone and find out more about them. I always bring a friend for safety and they normally double as a witness. I love people, and I have met incredible characters at these meetups. <From Fans to Fanatics>
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We do not want to circumvent them, we want to replace them. All these outdated fiat rules and regulations should not be forced onto digital currencies. The USA are over-regulating Bitcoin, in an attempt to stop or slow it, but it will still grow no matter what obstacles they place in it's way. Let the countries with Bitcoin friendly legislation prosper!!!!!!!
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