Bitcoin’s next frontier: a reward for gamershttp://venturebeat.com/2015/03/11/bitcoins-next-frontier-a-reward-for-gamers/A new game appeared recently in the App Store in which players earn Bitcoins just from playing well.
SaruTobi is a Super Mario-style game. It’s name is Japanese for “flying monkey,” and it not only managed to successfully gain Apple App Store approval but also found a unique way to introduce iOS gamers to Bitcoin.
Marrying gaming and Bitcoin together is a shrewd move by the developer, as gamers and owners of the cyptocurrency share a lot of similar demographics. Typical Bitcoin users being profiled as a tech-savvy male, 25 to 40, with above-average income, according to a report by Nicholas Colas, the chief market strategist for Convergex, last year.
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the price was already rising since 2 weeks, that is a stupid argument.
People have a fascination for round numbers. So an argument had to be made about why the price touched $300.
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AMHash hasn't paid out for weeks now. I think it can be safely removed from the table now.
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Why March 10 was a big day for bitcoinhttp://fortune.com/2015/03/11/march-10-bitcoin/Three bitcoin startups announce funding and big-name backers, on the same day that the price hits a new benchmark. On Tuesday, the Wall Street Journal reported that a secretive bitcoin startup called 21 has quietly raised $116 million in venture capital, from prominent firms including Andreessen Horowitz, RSE Ventures, and Khosla Ventures.
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I actually think it's positive to see bankers getting involved. I would certainly rather have them interested and taking part than avoiding and trying to smear it with negativity. Hopefully we can gain or sway more bankers into joining the revolution.
Blythe Masters is not any banker. She is a legend in the financial services industry. This is definitely good news for Bitcoin, from the PR perspective.
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But if we got rid of that, and used them as actual cash I think it would simplify accepting Bitcoins for people. The only problem would be liquidating to fiat...
We could do that when the price stabilizes. Once there is acceptance, we may not even need to convert the physical bitcoins into fiat. They could circulate along with the existing fiat.
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Ahh so he is the guy who bought the world's most expensive pizza Guy must be so mad he paid millions of dollars on a mediocre dominos pizza. I hope it was good... The guy who sold him the pizza must be pretty happy. Missed my boat on btc as well... That pizza could have been one of the triggers for bitcoin's rise. You need to have real life transactions before you can call your collectibles as currency. For all you know, if he hadn't bought that pizza bitcoin's price trajectory might have been totally different.
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Of course girls use bitcoin. Now ask me if more girls use bitcoins than boys and I'd wager the answer is no. I wish it weren't so and I'm sure there may be some market examples where more girls use bitcoin but I bet the overwhelming majority of markets have more male bitcoin users than male. The discussion of why that is would surely be an emotionally charged issue.
There definitely are more men than women in computer science. I guess the reason why more men use bitcoin compare to women flows from that.
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What place where I see cash is still better than BTC is offline transactions, AFAIK BTC doesn't work if the Blockchain is not synchronized.IS there a way to transact Bitcoins offline?
Offline transactions can be made using physical coins. There are many people who are selling those coins in goods section. Here is one of the link https://bitcointalk.org/index.php?topic=978029.0Also the physical coins fo not allow you to send some exact amount of bitcoins to someone. However nowadays we all have mobile phones and we can use online wallets to make on the go transactions. Physical coins are worth more than the value of bitcoin they hold. So it is difficult to arrive at a valuation quickly and make offline transactions. They are usually collectors' items.
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Purely theoretical, all bitcoin clients that do not depend on hardware encrypted keys are susceptible to these kinds of attacks. Solutions like Trezor stop these types of attacks, but the workflow is more difficult than simply using a software wallet (and they're expensive).
Hopefully, things like bitcoin will be a driving force for TPM chips, small crypto chips embedded in your computer, that stop attacks like these.
Yeah I'm looking forward to the price coming down on hardware wallets like Trezor, I'll be sticking to my paper wallets in the meantime Electrum offline wallet for me. The fact that it can be recovered from the seed is a big comfort.
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Anyways when youre talking about bitcoins market cap, the ~3,8 billion market cap is just an estimate, realisticaly you wouldnt even get 20 % of that if u had enough coins to sell.
That can be argued both ways. Realistically, if you had $3.8 Bn and try to buy bitcoins, you may not even get 10% of the coins.
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Earn bitcoin just as earn money, there is no different. Earn bitcoin is no easier than earn fiat money. You can earn money and then change it to bitcoin.
I earn interest on my fiat.
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Kind of misleading. I don't think it will be dead or forgotten anytime soon. Talk about mass adoption, I'm sure it will be there some day. It just takes time. If you track the progress it has made compared to 5 years ago which practically worth almost close to nothing, you can obviously see the difference. I guess there's no point trying to convince someone who has lost faith.
I also do not expect to to be dead or forgotten any time soon. But I don't think it can shoot up to unrealistic levels either. Just because the price has risen rapidly over the last 5 years doesn't mean that it can be repeated.
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A new report from security firm Symantec claims the number of Trojan malware programs targeting bitcoin users has fallen in the past year. they suggest that since the number of users of crypto is still low it is not a good target! it is a good news but i thought cryptocurrency was getting popular so as a result it will attract evil people too but seems not! source: http://www.coindesk.com/symantec-bitcoin-financial-trojans/It might also have something to do with Bitcoin's price? The bitcoins that the trojans gain fetch far less fiat these days.
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Altcoins are basically useless except for demonstrating/testing out new ideas or perhaps as a fork if Bitcoin got too corrupted.
at this moment, the only use any altcoin out there has is just to put money in a few people's pockets. if you see the price change of any altcoin, you can see lots and lots of pumps and dumps which a few people are getting rich by. Most the use of most altcoins is indeed to make money to a small number of people. If an altcoin truly had an innovative feature, I am sure it will get adopted in Bitcoin as well.
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awesome publicity for bitcoin , but I do NOT think this article had any effect on the price increase. As always, the price goes up and down almost 100% due to manipulation by TRADING BOTS on the big exchanges.
Yup, people try to correlate price movement to news articles. They fail to realize that there may be correlation, but not necessarily causation.
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This is very interesting. May be they chose it because the royalty they have to pay for it is very less. If this manages to get even a few people into Bitcoin, nothing like it.
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How did the market reacted at the previous auctions ?
As far as I can tell, the pump we had the last few days was to set the bitcoins' auction price higher..
The market actually fell a few days before the first auction. There was a possibility that somebody would pick up those coins for a song and then dump them in the exchanges to make a quick profit.
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This is one documentary I won't miss.
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