I have heard that bitcoin is not supported in some countries. But why ? Is it because bitcoin is risky ? Some countries even declare 6 months jail if her people use bitcoin. Is it fair ? I mined few cryptos and have left mining. It was fun and challenging too. But I never got any clear answer. What does my gpu actually do ? I pay electric bill, my room temperature goes high and I get paid. With actually no skill on pc hardware and software. Whole thing is still pretty unclear to me
Bitcoin is "supported" anywhere there are computers. Bitcoin may be illegal or banned in various countries based on the laws in those jurisdictions. As to why, the most likely answer is that the countries are not free and do not like the freedom that Bitcoin brings. The governments (and people running them) want to control people and keep them from being able to conduct commerce (and everything else) freely. Is that fair? Of course it isn't fair, but the people running the governments have the guns and are willing use them to suppress their people in order to keep power and enrich themselves. The solution is to avoid authoritarians/socialists/communists/fascists and have people who value freedom in charge of the governments. Look at China, devaluing the yuan daily which will impoverish (see, e.g. Venezuela) the people over time. All to retain their power and remain rich themselves. Criminal activity can take place in any currency, but people use that as an excuse to retain their control. As far as what the GPU (or bitcoin mining in general), take a look here: https://en.bitcoin.it/wiki/Miningor https://www.bitcoinmining.com |
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Are you currently putting all your money into bitcoin? If you say this, you show you believe it by your actions. I am putting all my money into bitcoin - I see a possibility of $50-$100+ per coin this year. Just think, once the "bankers" and hedge funds find out about this, we are going to the moon. Once my bitcoins are $1,000+ I will be able to pay off my growing college loans and maybe get an apartment, and my first car  It's so risky to put all eggs in one basket. True, but in 2011 when that post was written the cost of bitcoin in fiat was much less that today! |
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For now purchase bitcoin bit risky in fear is no significant price decline after the turn of the year, except for business or trade is by using bitcoin maybe we should buy ,, but not to invest at this time
No one knows. But people were saying essentially the same thing when it reached dollar parity. At $10, $30 and $100. |
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Holy moley, the OP from this thread was 5 years ago. There must of been some people who were part of this community back then who actually made some serious money from this.
The wealthy elite must of seriously started appearing after the first big bubble in 2013 winter and the people who cashed out then must of been set. Now there 2nd elite group is starting to form now with the recent rises
It is rising but many have a hard time believing it and say that it will fall hard soon like it always has in recent months. Can this upward trend keep it up until December? Too early to tell at this point. But if it does then alot of people who saw this coming are cashing out now and banking a lot of money in the process. With the recent prices, it is probably time to remember what Atlas said here 5.5 years ago. In another 5 years, how much higher will the USD/EUR price be. The binary proposition again. I still do not believe anyone is late to the party. (Hope Atlas is well). |
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It was just an idiot trying to scare people. It was also months old and served absolutely no purpose. Thats why it's gone, because obviously the mods agree with me.
Also, this should be in Meta.
Not to mention it was started as a troll thread and had lots of incorrect information solely to misinform people. |
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What is the big crash coming are you saying? 13 days to go befor 2016 ends and i think that will not happen. You are not the creator and why you are saying that? Are you out of your mind?
Big crash coming means the future and we cannot see the future, we have our own prediction in the future and since bitcoin is very unpredictable we might see a good or bad future and at any time it could crash depending on how people react in a bad situation. And why would we think of bitcoin crashing, it's giving us a good benefit so I would not hope for that to happen in the future. Let's continue to make this coins great until more and more people will adopt. The question is not about Bitcoin crashing, care to read the opening post next time It is only 13 days left before 2017 begins, but the counting down may have already started with the crash setting off tomorrow, i.e. December, 19, when the US Electoral College should declare Trump as the winner of the presidential elections in the US. If they don't do that (for whatever reason), it will be a Black swan of all Black swans, which will inevitably cause a chain reaction leading to all kinds of calamities resulting in extreme havoc and chaos Trump will destroy the American economy and US currency if he cuts tax and borrow too much. People wil lose confidence. Smart people LIKE pro growth policies of tax cuts because it means more growth and lower taxes means more freedom. Most people like freedom, although some often seem to want it for themselves but want to control others. |
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What is the big crash coming are you saying? 13 days to go befor 2016 ends and i think that will not happen. You are not the creator and why you are saying that? Are you out of your mind?
He thought "crash" meant "spike" |
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Thing it was 0.10
Try one of your other backups and see if they do the same thing. |
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Yes, this is huge. Congratulations to all bitcoiners holding strong.
Agree! Congratulations to all that believed and held! 800.00 is a huge psychological point in my opionion, I think it can blow through 900 easily at this point. The big psychological point is $1000. Once that is breached, all bets are off. |
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Ok
Can i transfer bitcoin to any addresses using it.
You might want to look at the documentation, which should answer all the questions, but (as above) since it is a library, you should be able to. However, if you are asking these questions, you should ensure that you understand all the implications of using this since they are somewhat basic questions. NBitcoin is the most complete Bitcoin library for the .NET platform. It is compatible with Open Assets and implements most relevant Bitcoin Improvement Proposals (BIPs). It provides also low level access to Bitcoin primitives so you can easily create your own smart contracts. Join us on our gitter chat room.
The best documentation available is our eBook, and the excellent unit tests. There is also some more resources below.
See also: https://www.codeproject.com/articles/768412/nbitcoin-the-most-complete-bitcoin-port-part-crypt |
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"Central banks" and a decentralized crypto currency are oxymorons.
The article (link given by OP) says that they are making a national eCurrency. I think there's a difference between e Currency and the normal cryptocurrency we use. eCurrency can just be like some dollars that exist in a online wallet, just replacing ( or just decreasing) the use of printed form of currency. Yes it cannot be decentralised. And there's no need of blockchain. This should be moved to the alt-coin section then since it is not bitcoin related and not notable. Not to mention that there is no need for "crypto" in that case. This is a nonsense proposal that uses buzzwords that are meaningless in this context. This is just a database. It is therefore completely off topic |
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"Central banks" and a decentralized crypto currency are oxymorons.
I didn't see any mention of 'decentralized'. This is just what we expected to happen for years already. A centralized currency using a permissioned blockchain. Good to see banks innovating after so many decades, at least. That is the problem. If you have a centralized currency, there is no need for a block chain or any other buzzwords - just have a replicated database. A permissioned block chain buys very little for regular people - but it buys buzzwords, and more control for the governments and banks that try to muddy the water with them. It allows the corrupt to continue to be corrupt with no anti inflation or other protections for the users. |
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The Left won't like this because it would tie a vote to a person and then that person. This makes it much more difficult for the dead to vote and non-citizens to vote.
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"Central banks" and a decentralized crypto currency are oxymorons.
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A problem I see with this, is that the government might perceive Bitcoin as a threat and in reaction they will start to over regulate the technology to protect their reserve currency. The whole situation was caused by the government making bad political decisions and they might make even worst decisions when they are threatened. On the other hand, if they react negatively, people will be drawn to this technology in the black markets and they will have no control over it. If they accept it, and regulate it properly.... they might even profit from it.  I think the only problem with this statement is using"might" instead of "will" 😀 |
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If Trump has his way, there will not be a need for remittance services, because there will not be any Mexicans in the USA to send money home. Hitler also started with this kind of "cleanup" and it eventually turned into the The Holocaust, but I doubt if he will be doing such desperate actions to "clean" the USA. I think, he might be more worried about the illegal immigrants and the cost to the US tax payers to handle these cases.  It is funny every other country enforces its border and immigration laws - try to sneak into Mexico. Yet when the US does it, people cry "Hitler". The pope calls migrants "Jesus" and yet has closed borders at the Vatican and few notice. |
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I sent through some bitcoins and the transaction has been confirmed on blockchain 14 times but I am unable to withdraw the bitcoins nor is there any record of the transaction occurring on my account. Can anyone help?
What account? What web site? |
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"For now, however, there is a growing black market to facilitate a transfer of wealth to Mexico from its citizens [comitting a felony to be] in this country, even as ordinary Mexicans back home are stocking up on the remittance transfer alternative that most of them hope they’ll never need to use." Wut??? Why would they (the USA side you mean, right?) hope to never need to use bitcoin? I suspect after the first try, they would hope never to use the black market to transfer money ever again. And the ones in Mexico who are buying bitcoin presumably aren't sending them to the USA; they bought them in expectation of the peso dump and would be happy to cash them in later when they have preserved their wealth. Clearly when they say "Mexicans back home are stocking up on the remittance transfer alternative that most of them hope they’ll never need to use." they are referring to Mexicans in Mexico. Not Mexicans breaking the law and being in the US. If the Mexicans in the US were not "Mexicans" but "former Mexicans", things would be different for people in the US. Divided loyalties shouldn't be welcome anywhere, if Mexicans illegally in the US view Mexico as "home" perhaps they should return there. Agreed about the ones buying in Mexico. |
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Indelible.ink has recently invented a way to store an 80 character record on the Blockchain. Coinidol.com caught up with Steven E. Williams, the CEO of indelible.ink, and asked him a few questions about his company and what it offers to the ...
Lol. "Recently invented" using OP_RETURN? That has been understood for years. If they are claiming that, I'd beware of their other claims. |
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