I rented three cars in the past week. At one of the rental offices there was a notice saying: "For all forms of payment that are not credit card, we require two proofs of residence and a copy of your last pay stub. $500 will be withdrawn from your bank account until the car is returned."
Obviously these measures are to assure that the cars are not stolen etc.
What would it take to have a rental agency such as this accept bitcoin payments? How could a level of trust be guaranteed? A third party initiative that could create the reassurance that credit cards provide would be greatly beneficial for bitcoin in these situations.
yeah basically they need an escrow in this case, could be a thing like coinbase or another kind of exchange the escrow can be one of their man, just like in this case, with your 500 usd, the rest is the same(id and proofs of residence) It has to be an escrow that immediately sells the coins at the fixed price, something like Bitpay, and when you deliver the car you receive the money in fiat, if you receive bitcoins it will be a different value, it can be more bitcoins or less, and this is probably a problem. I think it's awful that car rent agencies only accept credit cards, it's invasive and not everyone has them, but I don't see how bitcoin can facilitate this particular problem. now that i think about it, he hasn't used an escrow with fiat, and banks does not always protect you, so why he should with bitcoin? he basically trusted the vendor with fiat he should do the same with bitoin |
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I rented three cars in the past week. At one of the rental offices there was a notice saying: "For all forms of payment that are not credit card, we require two proofs of residence and a copy of your last pay stub. $500 will be withdrawn from your bank account until the car is returned."
Obviously these measures are to assure that the cars are not stolen etc.
What would it take to have a rental agency such as this accept bitcoin payments? How could a level of trust be guaranteed? A third party initiative that could create the reassurance that credit cards provide would be greatly beneficial for bitcoin in these situations.
yeah basically they need an escrow in this case, could be a thing like coinbase or another kind of exchange the escrow can be one of their man, just like in this case, with your 500 usd, the rest is the same(id and proofs of residence) |
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the dev in 90% of the case, when he run a malicious code with backdoor other crap like that
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searching for thread to post should not be counted as a spam, i was posting like 50 post a days and more(without any payment) when the alt-section was very active, because i loved that section so much, now it's just full of virus...
i don't agree with the "feel forced issue", now one is forced here, we are just joining more discussion, because we are payed, the problem occur when there are newbie that make the same thread over and over again(those newbie are probably sockpuppet of members that carry sig), and in that case we can choose to not post or reiterate(we are forced to do it, because that thread treats the same argument, not our fault...)
so...as long as there are no reiteration of any kind, this is how i see it
reiteration, non-constructive and off-topic reply are spam, everything else isn't
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It appears to be running and just started. Please try to let it run for a hour, and I think you will be happily surprised.
I think it is working from what you have said so far. Please give it a hour to see if it works, and wait till then to see if you need more questions. Hopefully you wont.
okey, i wait 1 hourse . may that don;t will working ? but my psu case and cables little hoted is. if cables are to hot there could be a problem with to many current passing through them, what psu did you have? maybe you can move the miner in another place, if the room is too hot there else will wait that get me bitcoin ? if i go on ghash.io ?
snip
try to wait a bit more, for the first share you need something more than 1 hour |
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That's interesting, I thought it was due to a bot called CHINA
willy bot can arguably be a chinese bot, notice how the pump of willy coincided with the chinese that entered the bitcoin market more like $120 is possible
120 in 10 years, that's heavily discutible, no way it will be that low, otherwise it mean that bitcoin was replaced/dead |
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I think they have a very high level of corruption, and this law will be applied very selectively. But for most people, they can keep using Bitcoin.
bitcoin don;t have future ,? I am right? yeah but not in some countries, where they ban and blaming it because it bring child porn and criminal, when their fiat currency already do the same but in a worse way and on large scale too despite this some russia citizens are still using bitcoin |
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The person who originally sent the broken transactions deleted his wallet
Sigh... why delete a wallet instead of moving it aside and keeping the old copy just in case? You should never delete a wallet.For sure he has a backup. Somewhere... Probably, but if he died without telling anyone about it, then they may have been deleted or destroyed by whomever gained control of his things. it could also be that his backup is screwed too, witouth necessarily being deleted btw the only reason for not deleting a wallet that you know could not receive any transaction, would be hoping in a chance of collision |
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i would pay exactly 14691.826561 usd
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you can't say 0 come one, this is not something so unlikely to happen, even collisions have not 0% chance to happen, and you want to tell me that is more harder for bitcoin to succeed than a collision to happen? bullshit...
i would say that chances are at least 60% succeed and 40% falling, right now, instead the bitcoin technologhy has a 90% chances to happen and i would say 99% to evolve in a more complete tech in the future
 What collision? I have no idea what you're talking about. I said close to 0%, I didn't say exactly 0%. I would say it has a slightly higher chance than winning the US powerball, or euromillions, for example. But you're not gonna convince me to use bitcoin unless I personally have some very big benefit in using it over government money. And I'm a bitcoin "believer". I just don't see people mass switching to bitcoin for a 0.5% saving over credit cards or whatever. Too much hassle. And we're not even at that point yet. I can see myself using bitcoin if for example my bitcoins' value skyrockets, and by trading my bitcoins directly for a mansion/lambourghini etc it will be somehow beneficial in terms of taxes, since it's an asset or whatever. But if I was a late adapter, when bitcoin is already on the moon, I wouldn't bother with it unless no one accepts fiat anymore. And that will be very hard to achieve when governments enforce their fiat money on companies in their territory collision is when two users generate the same bitcoin address, is basically the thing with last chance to happen in this reality(the only other thing with less chance would be saying that the universe will collapse right now, or something like that..) you said " I don't mean 1% or 2%. I mean 0. something. ", this is like saying zero to me bitcoin can still reserve many surprise in future, adding new tech is something that could happen easily, enchanching its protocol, its structure(hard forking to resolve issue like 51% ecc...) if all those issues would be resolved, then i'm confident that bitcoin will skyrocket in every sense, there is a chance that it could become bigger than fiat, maybe not in 10 years maybe will not be bitcoin, but a better technology(based on bitcoin/blochchain), but it could in fact replace fiat in the future this chance is not so slim as many think, people should stop predict the future of bitcoin based on its price, the price does not reflect exactly its future |
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something bothered me,since ive started bitcoin
i think all the transactions are stored in computers,thats the core,right?if that's the core,what if we remove all the core's existence?does this mean all the bitcoins existed will be lost?
You will find that there's 1000's of computers / nodes out there operated by different people who will never remove their copy of the blockchain. This is the beauty of the blockchain, it's massively distributed on a global scale. It's not feasible to simply shut it down. Not possible to shut down. One person can store whole blockchain on pendrive and noone will find it :> you need to have the latest block to revive the network. it will be shut down unless someone has the latest block height when the whole network stop mining you could avoid this, by mining yourself before the whole mining network will stop to mine, pretty easy at that point the blockchain is in your hand too, you have absolute control of it |
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don't spend money for trazor, i find it not worth it, better to buy cheap usb pen drives(buy 3 of those, one never know...) and store your encrypted wallet, there
i've mine stored there as well since years and everything is good, 0 problems
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Truth is, Bitcoin has way higher chance to fail than succeed.
i see it as the opposite actually, the chance to succeed are far greater than the one to fall, this is due to the progress that bitcoin has done in all this years I would say the chances of success, in the sense that the world uses it like a currency (like usd or rmb or yen right now in their respective countries) is close to 0%. By close, I don't mean 1% or 2%. I mean 0. something. The chances of success, in the sense that bitcoin or some blockchain survives is probably at least 50%, maybe even 60-70%. The chances of bitcoin's price going waaaaay up in the case that bitcoin survives, is probably something like 60-70%*. So I would say the chances of bitcoin succeeding (i.e giving us a return, screw those libertarian ideals) is 60-70% * 60-70% = 36-49%. *It seems possible for bitcoin's price to remain relatively low (2 or low 3-digits) and only used by a niche group of companies/people for whatever reason say remittances or whatever, and said bitcoin companies are still profitable (for a VC). I am pretty sure VCs aren't betting that bitcoin will be used as a global currency in the future. They must've taken into consideration the outcome that bitcoin survives and brings a certain amount of economic activity without going completely mainstream, and I bet to them this scenario is likely. you can't say 0 come one, this is not something so unlikely to happen, even collisions have not 0% chance to happen, and you want to tell me that is more harder for bitcoin to succeed than a collision to happen? bullshit... i would say that chances are at least 60% succeed and 40% falling, right now, instead the bitcoin technologhy has a 90% chances to happen and i would say 99% to evolve in a more complete tech in the future |
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i hope you have a backup of your file and folders, if you have one then just do a format(actually i would do it anyway, unless your folders contain a very important data), otherwise you are basically screwed...
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i'll say australia will regulate it first, so for this reason it will be more popular there before africa, africa in some zone still lack hi-tech activity to introduce itself at bitcoin, poverty actually doesn't help , because you can't buy bitcoin and help the market to grow
africe indeed is lacking tech, but even poor people have phones/smartphones there. it would make more sense for africa to be first as the need for something like bitcoin is much higher there. even very simple cheap smartphones can run a bitcoin wallet.this is even more true for a more industrialized country, which can adopt a new tech much faster than a poor one, the fact that africa need it does not mean that they will utilize it well, if everything that they need from bitcoin is get out of the poverty, because bitcoin wasn't born to enrich the poor or make them less poor, at least this isn't its not primal role |
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Are there any applications of colored coins or is it just too early?
i think there are some, like for example having an ipo on the blockchain by emitting shares as a colored coins, and then send those to everyone that hold shares, or storing other items(big one like an house) on the blockchain by issuing a single coins, then its owner can be transferred with a bitcoin transaction |
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the price is a measure of the value, right now the current price say that bitcoin is really undervalued and we all know this(or at least we should), the real value of bitcoin should be much higher, something that can be measured with a price of 10k+ at least
i like to think that a price between 10k and 100k can determinate a correct value for bitcoin, this is based on my opinion that any person should have at least 1 btc
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i know only about Circle that is doing this
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if you want to avoid taxes at all, just pay in bitcoin directly, and never exchange them, even if they track you, they can't do shit, because bitcoin it self isn't taxable, is just the gain in fiat that it is
Not technically (legally) correct. That would fall under the barter rules for tax purposes. And the IRS has already issued rules for how to value the bitcoin when you receive it if other than purchase. can you point me that rules? because i know that bitcoin itself are not taxable, but only their conversion in fiat, and also it does not make sense i can use bitcoin to buying used thing or food, and they won't track back something like this it's purely impossible... if you want to avoid taxes at all, just pay in bitcoin directly, and never exchange them, even if they track you, they can't do shit, because bitcoin it self isn't taxable, is just the gain in fiat that it is
This is very bad advice that can get you in trouble if you follow it. how so? something like this could only help adoption(as long as everyone will do it, merchants too), because it prevent dumping btc for fiat |
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well he have over one million, unless he cash out few at time or it do it off market, it would be noticeable for sure, address ramification won't help anyway, because his coins are all starting from a single block of 50, it would be fairly easy to track back those
but the market should absorb even this big amount, actually it would help adoption, assuming that his coin are not lost, probably a reason why he didn't dump them yet...
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