unless i'm missing something, you can use any exchange that don't require id to do this, convert there btc and send them to your debit card
Thanks Could you please help a newbie out and tell me which exchanges don't require ID? Happy to receive this info via PM and of course, I understand using anonymous exchanges like this is entirely at my own risk Regards D they are well known exchange, just the one that i'm aware, but there could be others: kraken(under 2000 usd), bitfinex(i'm not registered here i don't know their max without id) and coinimal(under 500 USD) keep in mind that while they not require id for a certain amount, in your country your taxman is controlling every international move also, so if they see a big incoming amount of money from foreign country they will make a control on your bank account |
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in this world if you want one thing you will miss another, you can't have both anonimity and security, who want anonimity will be seen as a crimninal or tax evader, but not all want anon for doing bad illegal activity, some of them are just protecting their privacy
bitcoin should definitely aim at full anonimity, who want more security will not use it or will not use the anon part of bitcoin(by simply registering every move he does, talking about taxes, here but it could apply for everything)
this is the only way to have both things, let the people can choose, is the key
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unless i'm missing something, you can use any exchange that don't require id to do this, convert there btc and send them to your debit card
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trust setting was made exactly for this, post history may help, but sometime you could get into someone, that is building his trust/post history to scam people later, those are the harder to spot
personally i would use escrow anyway, just to be more safe
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Wait, I've just registered to this site. And my balance is 5 BTC, what is that mean with 5 BTC Is it true? I know, the site is still Alpha and we can't even deposit to our balance. Yes, that's true, but I believe those 5 BTC you can't withdraw. admin said to me that the balance is a test, they are probably fake btc, and that they are still in alpha phase he also said that there will be tournament with btc, it seems legit at least, just not ready... |
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what i think? bitcoin will start to rise when we approch the fee era, until then we should forget about 10k-100k, all those price are too far away, the chance that we get there are very slim...
in 10 years it could achieve 1k-3k range at best case scenario
We DONT KNOW where is the limit. For me, sky is the limit. If you have been here since the begining, you would have learned a lesson: No one can predict Bitcoin because its unprecedented and revolutionary as hell. It's a day-to-day scenareo, we are discovering the future. Here is an history lesson: https://bitcointalk.org/index.php?topic=27348.0if i was here since the beginning i would not post that much, notice how early adopters don't even post in this forum, i would agree that the limit is endless in theory, but practically speaking the chance to rise that much are very poor... |
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i would be happy if it is above 1000$
Everyone will be happy if the price will be more than 1k dollars, it's normal. if people are just waiting 1k to dump asap, then it will never reach 1k, the price can't be raised by poors who just hold and wait for the miracle, wihtout the influence of strong individuals, the price will remain low |
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on sha256 security bit are only 128, and quantum computer can break this(i can't find the article), if today pc can break 64 quantum computer can break at least the double of that
so bitcoin will need an hard fork in the future to survive
Stop talking nonsense. Quantum computers can't break SHA256 (used for hashing) without brute forcing it unless a flaw in it has been found. There is no article to link. I'm not saying that someone won't find a way to attack it in the future though. you are wrong it can break 128 key(the power of quantum computer is like a pc that halve the difficulty, and if today pc, tons of them, could break 64, then a quantum can break 128) this is not enough to break sha256(or the private key which is 256 bit) i know, i didn't explain it well, but it is enough to break the pubblic key which is 128 bit Your English levels are under those of a 5th grader. Consider taking a course, because you complicate things and usually make no sense. I never said that SHA256 for a normal computer wasn't SHA128 for a quantum one. You didn't explain it because it can't be explained well i.e. what you said effectively makes no sense. A quantum computer can't beat SHA 256 (i.e. SHA 128). Actually if SHA gets broken the problem will be on a much larger scale where Bitcoin will be irrelevant (unless globally adopted). A lot of things use SHA, for example banks. What I'm trying to say is: For SHA256, it effectively becomes SHA128 to a Quantum computer. Now the question remains, can a Quantum search for SHA128 faster than a classical computer search through SHA256? With out current technology and for the near future, we still can't build a real Quantum computer that can even begin to tackle this problem, let alone solve it. i think you are not understanding, my english was clear enough in the last post you quoted, quantum computer can break any 128 key, it has been said many times, there is no question here now, public key are 128 bit, instead private key are 256, so the first can be brute forced by any quantum computer, and if you have that key you could retrieve the private key, but this only if the targeted public key is send when you spend a transaction here a link http://bitcoin.stackexchange.com/questions/6062/what-effects-would-a-scalable-quantum-computer-have-on-bitcointhere are many other confirming 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
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they are tied together and the block reward for the miner need both to work
and this could also lead us to think why banks don't love bitcoin, becuase they are aiming at doing their own corrency, seeing how they are working on blockchain technology
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on sha256 security bit are only 128, and quantum computer can break this(i can't find the article), if today pc can break 64 quantum computer can break at least the double of that
so bitcoin will need an hard fork in the future to survive
Stop talking nonsense. Quantum computers can't break SHA256 (used for hashing) without brute forcing it unless a flaw in it has been found. There is no article to link. I'm not saying that someone won't find a way to attack it in the future though. you are wrong it can break 128 key(the power of quantum computer is like a pc that halve the difficulty, and if today pc, tons of them, could break 64, then a quantum can break 128) this is not enough to break sha256(or the private key which is 256 bit) i know, i didn't explain it well, but it is enough to break the pubblic key which is 128 bit |
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if it is not a big amount, you can try to find someone there in greece, and selling your bitcoin to him for cash, you can do pretty quickly, and it would avoid taxes(at least for you)
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what i think? bitcoin will start to rise when we approch the fee era, until then we should forget about 10k-100k, all those price are too far away, the chance that we get there are very slim...
in 10 years it could achieve 1k-3k range at best case scenario
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i'm not sure you can tells that just by looking at that small bounce that happened yesterday(6-7 usd basically), maybe a double bottom is coming..
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dunno why people quote the 10k/per coin figure as some sort of a holy grail. Not enough. I wouldn't be satisfied with less than 30k/coin
because 100 btc for 10k result in a good amount to retire, it makes a good equilibrium, 100 btc are not impossible to achieve(i'm speaking for a poor people that start now to collect bitcoin, not a rich guy...), and 10k have the same chance to be reached |
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I remember seeing plenty of posts on various internet forums, stating that they mine ONLY one bitcoin per DAY and it was costing them more money in electric.
Why is that any different to today?
Obviously those that are currently mining at a loss, feel the same as those folks did back in the day.
Then why do they mine if they only lost ? Like I mentioned, they mine at a loss, in hope that the price goes up, therefore bringing them into profit again. there is more chance that they reached roi than mining at loss(it doesn't make sense to mine at loss, you can stop mining and waiting for the new opportunity windows when the btc price raise again), if they reached they are doen they can mine forever practically |
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i will reach my roi in maybe 6,5 months..
im mining over genesis-mining.. I hope this will be rentable in the future.
6.5 months is a very long way, everything could happen, they could run away any day with your money, and now it's more risky because the btc price is tanking, so the chance of those companies failing is very high |
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Im not sure this is going to work out well. It sounds good on paper, let's see if they can really run a 100% libertarian nation successfully. It will be a great experiment.
let's hope that there won't be taxes there if they want to run a truly liberation land, those small states if start accepting bitcoin, should avaoid taxes, they should collect fund in another way for they infrastructure |
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i don't see any other reason for his negativity other than buy cheap coins, a core dev should encourage the adoption(not but telling the false of course, we all know that bitcoin is in a despair phase) but a dev, should talking about addressing bug/problem related to btc, instead of "fudderising" it
He isn't your employee. He is writing new code for bitcoin for free, so he didn't take any obligations to us. Why do you think that you can speculate about btc future and he shouldn't? this isn't speculation, i see it as a negativity toward a project that he is doing, it's like he don't like what he is doing, maybe he should find another job for coders That't really normal.
Bitcoin is not perfect, it still have a lot of problem to be solved.
No one really know the future of bitcoin.
that's my point, he should talk about how to solve those problems that would bring faith again to bitcoin, instead he is spreading fuds, that from a dev can have even more of a bad impact |
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