Buy something from your iTunes card that can be sell at Marketplace "https://bitcointalk.org/index.php?board=5.0" Goods or services sub section.

It is true that regular Bitcoin payment method does not look viable for the quick services. If we put LN out of question (seems fair enough as it is still in testing phase)  then subscription can be viable method for these kind of services. (where user prepaid for 30 coffee).

But real challenge is not how to pay the coffee but  what you are paying for coffee.  I do not think as  a coffee lover you will like the idea of daily calculating the price of your coffee in bitcoin vs  fixed price in fiat. Bitcoin need to be mass adopted to solve the price fluctuation problem where worth of bitcoin is not pegged with any fiat currency and we can independently purchase articles on fixed price of bitcoin.

Without any LN or a system that can scale current system TPS and confirmation time, buying a coffee is feasible but not convenient.
 

You forget that early adopter did transactions in Bitcoin. They took risk , with their time and money and helped it in growing. AFAIK no early adopter has any stash of Bitcoin they always used it for doing transactions. ( Like purchasing 2 pizzas for 10000 BTC.)

Look like all of you got scammed.

https://www.techzim.co.zw/2018/02/beware-scammers-offering-jobs-exchange-non-existent-digital-currency/

AFAIK , Centra is a scam
https://www.sec.gov/news/press-release/2018-53

Not at all.  Administrator  Theymos also has 2 accounts namely theymos and theymos_away



That is pathetic situation, when forum allowed the alt accounts , they were not knowing that in future people will be creating the account for just doing the bounty. Still what you are asking or planning to do or already doing is not exactly cause ban in this forum. But if you think logically how can you be constructive poster with so many accounts? Your post quality will suffer or you will start copying. You can be permanently banned from the forum as a person (not an individual account) for plagiarizing or for spamming (low quality post).

Anyway forum will not directly ban user  for having many alt account but DT member sometimes tag people with all their alt accounts for shitpostin or cheating the bounty system.

PS: Forum allowed the alt accounts for security purpose. If you are not in secure connection and still want to access the forum  then you can use alt account. User never use these alt account to do deal or transactions and these alt account give them mental peace even if the account is hacked due to unsecure connection they have nothing to lose as there main account is safe. You will understand later on how important "Trust" is in this forum.

Somebody already compiled a good list for learning bitcoin and blockchain. Let me share the thread link with you.

Available courses on Bitcoin and Blockchain Technology from colleges and Univers

I do not think BTC can be mined by laptop, somebody might be using your CPU power for some alt coin meeting.
Are you visiting faucets or claiming from faucets. Most of the faucets used the Coinhive Scripts.

I am posting last set of question now.

Challenge Ques 4.  What should you do if you found scam ICO or some person engaged in shady/scam activities?


Challenge Ques 5.  What precaution you should take to keep your Crypto investment safe?

Technically you should answer in next 96 hour (1 day extra as I am putting 2 question in a row). After this deadline I will close this thread anytime.

Answer to question 3:

Actually  I have earlier made a post about Signature Guidelines.

Leave about the signature advertisement, you can get the negative trust for promoting scam ICO in Twitter and Facebook.

So do not be greedy and stop promoting anything that looks shady or scam or if it is proven scam.

Quoted the response.

It is looking low value because you are looking only at the response. If you read that thread then it was a perfect sarcastic reply to the OP of that thread.
I think that thread is trashed now.

I will take a look to understand MAST but what exactly meant by "Signature Aggression" ? Are you referring to development in signature  like Segwit or  Schnorr.


Agreed , I certainly overlooked "The number of transactions per block" can be increased and I think we need to find new ways to increase transaction in block as we diminish the block rewards.

If efficient ASIC also means cheap ASIC (miners cost for hardware setup is reduced) then it is a plus point.

I do not think electricity cost will go down, on a contrary it is expected to rise to make mining more costly.

Price of Bitcoin is a two edge sword, miner will be happy to get more money and it will be act as incentive to them but for a bitcoin user it will mean  high transaction cost and there will no incentive for user to pay premium for a transaction when it can be done for free if both peer have account on same bank or bank will be doing cheaper transaction than BTC. If there is no end user to do transaction and no block rewards (or diminished blocked rewards) then what will miner earn. Actually high price of BTC  can backfire also.



In technology field I will say 9 year are not considered as young but like "Grandpa" because  sometimes technology become obsolete within a decade.
Continuous development and solving problem can give you the userbase otherwise userbase shifts rapidly to a better technology. 

I have already read so many articles before creating this thread. If you see closely then you will find all of these articles end with the points 1,2 or 3 and these authors never tried to explore beyond this point.

This thread is open for discussion for these scenarios.  I hate to say that but it looks to me Bitcoin network cannot remain functional with diminishing block rewards or solely dependent on transaction fees.

As a bitcoiners, we take pride how robust this network is this network is that doing 51% attack is almost impossible. Do you think that we can keep the Network robust without any block rewards or little block rewards?  In current price .006BTC is less than $50 USD and you can add couple of few hundred Dollars as a transaction fees.

Now if you say transaction fees will be high then it means that you are paying a premium price for a convenience of doing peer to peer transaction and doing transaction in traditional banking system will be cheaper.

Lets keep transaction fees same then it means network difficultly should go down so that Bitcoin transaction is profitable for everyone but it will raise the concern of robustness of the network.

Diminishing block reward can trigger a vicious circle of transaction fees  vs network difficulty and we are not very far from this point .(may be next 18 years when reward will be less than .5 BTC.

So give me sound logic  that make me believe that my assumptions are wrong.

PS: No discussion on LN here as LN do not update blockchain for every transaction.

I will not go too far in years and let discuss situation in year 2060 (42 years from now.)  In these 42 years block reward will halved 11 times and block reward will be 12.5/2¹¹ or 12.5/2048 = .006BTC approx.

If I check Network difficulty, it seems to be increasing with each passing month (No volatility in Hash rate as opposed to price  )

Since rewards are diminished so transaction fees will become main source of income .

 If Network hash rate kept the same pace then for mining to be profitable , we are left with few possibilities.
1. Bitcoin price should go high or
2. Transaction fees should be more or
3. Hash rate reduction (Miners leaving the bitcoin Network)


Now exploring the possibility that Bitcoin price has gone high then it means the user that are paying in satoshies as  transaction fees are paying more than the conventional system so there is no incentive  to use bitcoin for transactions. Same   logic is  valid for if transaction fees become higher. We are now left with option of  Hash rate reduction so that mining + transaction fees still remain profitable but hash rate reduction will only be possible if some miners stop mining(or leave the Network]. If miner start leaving the mining then  difficulty will decrease but network now have few miners and  make the system centralized instead of de centralized.
 
It look to me every thing like Decentralization,BTC price and  transaction fees are all connected to each other and we should fix block reward as 1BTC  if rewards goes below than 1 BTC,.

There are many people who want to be get benefited by the boom in crypto currency that happened last year.
These all shit exchange are created to reap the benefits of boom.  Avoid trading in these exchanges.
 

+1 with seoincorporation

Actually ,  It is too hard to do good work and focused in it without any incentive that's why the "OP" got all the idea.
OP saw the Merit that people got for criticizing (may 1 ,2 or 10)  but OP completely overlooked how much merits that constructive people   get.

If OP can give me a single example where somebody gathered 100+ Merit by this strategy ? But some people gathered in excess of 500 Merits by posting good articles and topic.

PS: For Newbies, If this is such a good strategy then OP might be bathing in pool of Merits so you can safely discard it. 

I was thinking that might your account get hacked. How somebody started posting crap after posting some decent articles.


Congrats, JetCash , now officially verified.

OP will not understand , somebody turning Legendary or not does not matter, If someone is getting more Merits than increase in activity then the user is all good, irrespective of rank.

I think you can move it to Serious discussion or Ivory tower as per your wish.

Is copying or saving a local copy of this document is ok? (Too much to read in one go..)

Nobody banned you in this forum for Alt accounts , so forum rules are followed.
Since I do not see you made your Alt account public and probably you cheated the bounties and get busted, so here the DT ratings come into picture.