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17701  Economy / Service Discussion / Re: Bitcoin MasterCard , How secure are they ? on: July 05, 2015, 02:15:14 PM

I don't know if it's legal or not but yes it does have their logo on it , however there is a weird thing ... how come that it's written Bit-x.com on as Cardholder and not my real name as I sent it ?? I mean now it's like they own the card and the money on it or some shit ? scary stuff

You can have your name on there if you pay extra. They work along similar lines to prepaid credit cards. Quite a few of them don't have your name on there either.
17702  Economy / Speculation / Re: Where are all the bears? on: July 05, 2015, 01:57:13 PM
Don't fret. As soon as it drops $5-10 we will once again be reminded that the sky is falling.
17703  Economy / Service Discussion / Re: Bitcoin MasterCard , How secure are they ? on: July 05, 2015, 12:28:02 PM
Considering how rabidly against BTC Mastercard is, I find these cards something of an anomaly. They shut down Neteller within a very short space of time. I guess the only reason some of these other cards are still going is because they're so small. I wouldn't want to be caught with my pants down with one of these.
17704  Economy / Service Discussion / Re: So I dropped my phone in the water with all the 2fa keys on it... on: July 04, 2015, 11:18:35 PM
I had a 2FA failure with a couple of websites. They were able to bypass and reset it with some extra info including an email from the registered address and an educated guess of my balances. It's totally down to their discretion though.
17705  Bitcoin / Press / Re: [2015-07-01] CT - BTCGreece Founder: Bitcoin Demand Has Risen by 400% on: July 04, 2015, 11:11:50 PM
So 4 customers instead of 1. Sweet.

Running a Greek exchange right now would make sense. You can transfer all the EUR you like inside Greece. You just can't send it abroad or get it out of the ATMs in decent amounts. There's a lot of money there looking for a way out. It's a shame it had to come to this.
17706  Economy / Service Discussion / Re: MtGox on: July 04, 2015, 11:05:38 PM
I find it bleedin' incredible that so little information has come out about what happened. It's been over a year. No mention even of all the fiat that was sent there and that's directly traceable. People were still transferring thousands after they'd halted coin withdrawals.
17707  Economy / Speculation / Re: Do you think bitcoin will reach it's $1000 mark again? on: July 04, 2015, 10:18:49 PM
That time is done. Not to many people knew about it's efficiency because not to many were mining as they are now.
Now it's the time of normalization because it is more common to see it being used and commercial entities are using it now. So no, it will never reach it's peak again. Think of it the same as the tech bubble, will there ever be another microsoft being the first? Sure facebook, but now more people are using it so it is just another tech company. Just like litecoin is to bitcoin, their will never be another first. So no, it won't surpass $1200 ever again unless the other economies have what is happening to Greece happens to them too, which will never happen.

I think plenty of people on here have a hugely inflated idea of how big BTC is in the wider world.

There are also no shortage of those who massively underestimate how minuscule it is as well.

The dotcom bubble consumed trillions of dollars of investment capital. The $1200 peak consisted of maybe a few tens of thousands of enthusiasts and barely one single finance professional or one cent of their money.

If you think it has already shot its potential bolt that's just as delusional as thinking it'll be $1 mil a piece by the end of the year. In global finance terms it's still less than nowhere. If a dotcom esque bubble occurred, and I don't think it would be a healthy thing so I hope it doesn't, minds would be blown to the edges of the universe.

17708  Economy / Services / Re: SPOTS AVAILABLE [BIT-X.com] Earn Bitcoins by Posting | Signature Campaign on: July 04, 2015, 10:13:02 PM
I still cant receive any sms from bit-x
I always need to do call me please.

Any idea why ??

Im in Canada.

Could you plz check that since right now the call me please button doesnt work.

Thanks

Valkir

Do you have any type of call blocking turned on? I do and the Bit-x messages turn up in there despite not having blocked them.
17709  Economy / Speculation / Re: 100 bitcoins. Will I be a millionaire by 2020? on: July 04, 2015, 06:25:46 PM

I liked millibits. When bitcoin was $1000, 1 mB was almost equal to 1 dollar.  

How many bits does $1 get you?

I think it was 100 Satoshis.

Coinbase and Bitpay etc tried to get rolling with 'bits' but that seems to have petered out somewhat. I agree with you. There are many on here who often say it doesn't make a difference but they're probably up to their eyes in coding. The average human does not want to contend with 6 zeroes before they get to the meat of their payment.

Just build a giant baby creche for them.

I'm not a fan of the endless zeroes myself yet here I am on this forum. It's just not how most minds are comfortable conceiving numbers.
17710  Bitcoin / Bitcoin Discussion / Re: Silk Road Founder Ross Ulbricht Sentenced to Life in Prison on: July 04, 2015, 05:43:36 PM

Most of the people that say silk road or any usage of bitcoin in the dark web is bad for bitcoin, i seen quite a lot of people saying that the dark usages of bitcoin are a cancer for bitcoin to grow in the general public.


There's still a ton of dark web usage for it. It doesn't seem to pop up as a subject very often any more. All the mainstream stuff has drowned it out somewhat.
17711  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 04, 2015, 05:42:13 PM

Satoshi has a Japanese name, not a Chinese name. I thought the Chinese hated the Japanese. Why would they give him a Japanese name if they secretly invented Bitcoin using him as a front? I don't know what the Chinese equivalent of the CIA is called but I don't believe they invented Bitcoin, or that the US CIA invented Bitcoin.

Misdirection. If Satoshi was a bunch of sinister Chinese folks then you may as well choose a name from a country you're not hugely fond of and use a style of English from a place far, far away. We'll likely never know anyway so there's no point in getting our knickers in a twist.
17712  Economy / Economics / Re: Tell me your predictions about Bitcoin on: July 04, 2015, 05:38:52 PM

Wait a second,

       Are they doing that?   do you have a link?   If they  change the 21 million cap very peoples will be angry.

He mentioned it here

http://cointelegraph.com/news/114648/jon-matonis-the-bitcoin-ecosystem-will-soon-need-a-reference-interest-rate-similar-to-libor

But not his own proposal, just that the current block size debate reflects on how a potential increase in coins and thus the block reward might play out.
17713  Economy / Speculation / Re: 100 bitcoins. Will I be a millionaire by 2020? on: July 04, 2015, 05:36:03 PM
Effectively, bitcoin can become worth $10K-100K, but, in my opinion, it would need to reshuffle its main unit from 1BTC=10^8 satoshis to a bit (or equivalent)=10^2 satoshis.
Large denominations monetary instruments tend to be solely for investment, not trading or usage. Example-BRK-A at $205K/share and volume of just 600/day.
If, for example, BTC is 35K, then a cup of coffee is just 0.0001 btc. People are not very good in dealing with so many zeroes  after the decimal.

Coinbase and Bitpay etc tried to get rolling with 'bits' but that seems to have petered out somewhat. I agree with you. There are many on here who often say it doesn't make a difference but they're probably up to their eyes in coding. The average human does not want to contend with 6 zeroes before they get to the meat of their payment.
17714  Bitcoin / Press / Re: [2015-07-04]'Fresh Bitcoins are better': BlockTrail Mint sells freshly mined BTC on: July 04, 2015, 05:30:25 PM

As given in the article, BlockTrail Mint does not accept payments in the form of US Dollar. You need to pay them with (old) Bitcoins, to receive freshly mined Bitcoins. It is like paying $110 in old United States Dollar banknotes, to receive a freshly printed $100 banknote of 2015 vintage. They are trying to fool normal Bitcoiners and that's all.

I'm sure there'll be a few suckers just aching to immediately devalue their brand new coins. What is the premium if any? I can't find any mention of it anywhere.
17715  Economy / Economics / Re: Bitcoin or gold? on: July 04, 2015, 04:00:06 PM
Though bitcoins haven't disappointed much so far, I still believe that when it comes to a huge investment one should consider the old, more reliable means such as gold and property. Also, its quite obvious that the prices of gold will shoot up in the coming years so its safer to invest in them.

It's a different type of investing though. Or I would hope people had a different approach. It's effectively a bet compared to gold or property so you have to allocate how much you put in accordingly.
17716  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 04, 2015, 03:35:46 PM
Is that a real quote?

Lol, no sorry it isn't. I just replaced Global Warming with Bitcoin: https://twitter.com/realDonaldTrump/status/265895292191248385

I'll be waiting for his proclamation on the subject. I look up to him a great deal and have remodeled my home and hair in a style I believe he would approve of. I'm hoping he will eventually buy me.

I think the Chinese have a tad more to worry about when it comes to the environment.
17717  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 04, 2015, 03:30:19 PM

Maybe.



Is that a real quote?

I can't say I'm quaking in my boots yet but maybe the fragrant Donald is exactly what the US needs right now. It's about time it had a leader worthy of true respect.
17718  Bitcoin / Bitcoin Discussion / Re: Can you mine bitcoins with a toaster? YES you can! on: July 04, 2015, 03:27:45 PM
But if it doesn't even worth with a GPU why would I mine with my toaster?

Chicks will love it.
17719  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 04, 2015, 02:57:08 PM
what does means "CCFM"? i saw guys in BTC-E trollboxchat saying the same.

Choo Choo Mother Fucker.

C C M F

CCFM?

Maybe a whole new world of fucker mother excitement or the excitement destroyed their spelling. I vote for the latter.
17720  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 04, 2015, 02:51:18 PM
what does means "CCFM"? i saw guys in BTC-E trollboxchat saying the same.

Choo Choo Mother Fucker.
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