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16441  Economy / Exchanges / Re: BIT-X question on: September 28, 2015, 10:54:19 PM
The limit has now been lifted but it still might show up on the bitsig website. It said I hit my limit on there but actually paid out for the correct number of posts.
16442  Bitcoin / Bitcoin Discussion / Re: Litecoin v. Bitcoin on: September 28, 2015, 10:51:58 PM

I don't think Litecoin will ever be less than #2, copy or not.

It could easily be overtaken briefly by super hyped coins. Whether they have similar staying power is another matter. 
16443  Economy / Trading Discussion / Re: Can I trust BTC exchanges? on: September 28, 2015, 10:48:08 PM

I have many bitcoins stucked there, and only a small percentage was refunded.
I was exchanging Doge coin to bitcoin and for a much higher price that was that day but i think the price was pumped and the exchange was "hacked" from any of their employee. It's simple impossible to think that the "cold" wallet 7,000BTC+can be hacked, since then i don't trust exchanges.

I think they admitted that the CEO's email was hacked and it had the same password as the servers. That's possibly more pathetic than an internal theft.
16444  Economy / Economics / Re: Spain : if Catalonia choose independance, what currency will they use ? on: September 28, 2015, 10:40:48 PM
If you followed the Scottish independence referendum however long ago it was, one of the astounding oversights of the yes campaign was a total lack of clarification about what they'd do about their currency.

They assumed they'd continue using the pound until London told them to fuck off. Then they assumed they'd waltz into the Euro until the EU told them it would be far from a done deal.
16445  Economy / Trading Discussion / Re: Can I trust BTC exchanges? on: September 28, 2015, 10:37:08 PM

I think that CryptBid has not understand well my post, glad that you understand Smiley
To bter for altcoins it is ok but it was/is not ok to send bitcoins there as their "cold" wallet was hacked this February.
There is no trust in exchange as the refund process mostly is not possible or takes years to be fully refunded.

Bter is marginal these days. Node coin users have had transactions stuck for weeks. Support is either not responding or brushing them off. I don't think the bter operators have a great deal of incentive to keep it running properly any more. The damage is done.
16446  Economy / Service Discussion / Re: Is escrowcoin.net a scam? on: September 28, 2015, 10:35:05 PM
There is just the teensy weensiest temptation for a scammer to set up an escrow site. I'd want to spend 48 hours around their house and meet their entire family before considering leaving 0.05 BTC with an unknown anybody.
16447  Economy / Trading Discussion / Re: Can I trust BTC exchanges? on: September 28, 2015, 10:31:42 PM
There is absolutely no trust in exchanges if you want to leave your bitcoins there for a long time.

Many good exchanges that i personally use are yobit poloniex cryptsy(not recently) and they do their job for what they are.

FUD..
Don't listen to this guy.

Balls.

If everyone took that advice there'd be some considerably more cheerful people around.

I've never left coins on an exchange and never would. For alts I've used bter, mintpal and yacuna. Guess what would've happened in every single case if I'd left my coins on any of those exchanges?
16448  Economy / Trading Discussion / Re: How to Get Started Trading "i need web site" ? on: September 28, 2015, 09:41:16 PM
Does it have to be perfectmoney? You should be selecting exchanges based on reputation and volume, not because they accept one slightly obscure payment processor.

Other than btc-e I haven't heard of any of the other suggestions before. If it's gotta be perfectmoney then btc-e is the one.
16449  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 28, 2015, 09:16:09 PM
CIRCLE IS DISTANCING THEMSELVES FROM BITCOIN
https://www.cryptocoinsnews.com/circle-distancing-bitcoin/

soo Circle's new Business model: "You can enjoy the benefits of Bitcoin without ever holding or buying bitcoin yourself" Roll Eyes

Its a marketing move and it isnt good for holders

Not really a surprise surely? They're in the business of making money, not fulfilling utopian dreams. They've kinda hinted at this type of stance since minute one.
16450  Bitcoin / Bitcoin Discussion / Re: If using cryptocurrencies become a crime, will you be a criminal? on: September 28, 2015, 09:11:51 PM
I enjoy a bit of casual law breaking but I think it would become pretty useless to me under those circumstances. I don't do drugs, launder money or deal in arms or small children. I just use it to buy the odd blu ray or summat.
16451  Bitcoin / Bitcoin Discussion / Re: Bitcoin's KILLER app on: September 28, 2015, 04:19:11 PM
I should think any app like GEMS could be the killer app if it took off on social media. I really wanted Streamium.io to blow Meerkat and Periscope out of the water, when it was

launched, but it turned out to be buggy, to say the least. If the final product was a bit more polished, it would have been the killer application for me.

It seems as though developers are rushing these apps to be the first, but they end up offering below par product, compared to their competition.  Huh

All those apps are kinda cool but there's no shortage of free or much better established alternatives. They're solutions looking for a problem when a killer app has to be the polar opposite.
16452  Bitcoin / Bitcoin Discussion / Re: Bitcoin properties, which is the best? on: September 28, 2015, 03:53:26 PM
Decentrailsed all the way for me. As we're seeing more and more every day, the net is closing around the illusion of financial freedom. People's money is being herded into ever narrower and more easily controlled channels.
16453  Economy / Economics / Re: Are recessions good for the economy? on: September 28, 2015, 03:03:31 PM
They're a self fulfilling prophecy. Lots of people 'tighten their belts' when they're earning the exact same wage as before. It's herd mentality in action. A recession happens because people believe there's a recession.
16454  Bitcoin / Bitcoin Discussion / Re: Which country has the highest percentage of full nodes? on: September 28, 2015, 02:55:58 PM
Is China has the highest trading volume?

By a country mile. That's mainly down to their exchanges having no trading fees so it costs nothing to bat the same coin around thousands of times a day.
16455  Bitcoin / Bitcoin Discussion / Re: Bitcoin's KILLER app on: September 28, 2015, 02:51:00 PM
I think that the real KILLER app was silk road site at the beginning....after that a lot off app but not as much killer as silk road


Agreed. It did everything a killer app should do - enabled something totally new, made BTC the only option to do it and brought attention. I wonder what the equivalent will be for the wider world.
16456  Economy / Services / Re: 1 BTC for the first person that cracks this on: September 28, 2015, 02:42:54 PM
Done it. Here it is.

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It inspired me to keep the cash for myself. Sorry.
16457  Economy / Services / Re: Looking for Good Bitcoin Investment on: September 28, 2015, 02:38:31 PM
There isn't one considering the risks involved. Try again in a decade or so.
16458  Other / Beginners & Help / Re: YOU KNOW WHAT TO DO WITH THE 2GB VPS RAM? on: September 28, 2015, 02:31:37 PM
You can't mine with that. You need specialist hardware to mine. You might be able to run a Bitcoin node but that won't make you any money.

As for how to grow your coins, most cloud mining is a scam, most 'investments' are a scam, gambling is a one way ticket to having zero coins. Sell some stuff, sign up for a sig campaign, offer services in return for coins. Usual stuff.
16459  Bitcoin / Bitcoin Discussion / Re: Mike Tyson’s Bitcoin ATM Goes Live on: September 28, 2015, 02:23:11 PM

If I were retained to devise psychological operations in support of those who are threatened by a possible rise in crypto-currencies and/or wished them not to be considered as a wealth protection method, this is the kind of thing I would do.


Er, you know he stars in a cartoon with a talking pigeon these days?

16460  Other / Off-topic / Re: DO YOU HAVE 1 BITCOIN? on: September 28, 2015, 02:18:07 PM
If you go through this whole thread, and if everyone is talking the truth, we could come to the conclusion that very little are being hoarded by members on this forum.

The same kind of reckless spending we find with fiat, also spill over to the way people use Bitcoin. I would have thought with Bitcoin having such a good investment potential,


A lot of people have a pretty fucked up attitude towards BTC. Because it's 'on the internet' they do things with it that they'd never dream of doing with their dollars despite all the excited talk of the future.

A prime example is the bizarre willingness to invest in the most piece of shit ideas thrown up by anonymous morons. If someone walked up to you in the street with a bag over their head and asked for a few hundred dollars for a vague idea and no contact details would you hand it over?

Another is every time someone asks a question about how to grow their coins more than half the replies advise them to gamble. if you were sat around with your buddies and said 'I have $1000. I've worked really hard for it and I'm looking to grow it to secure my future' and they said 'hey, dude. Go down the casino and throw it all down' you'd probably tell them to kiss your arse.
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