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When you say regulating Bitcoin won't work, can you be a little more specific? Are you talking about anti-money laundering regulations?
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well if companies choose to accept bitcoins and convert into fiat, it's just stupid
Why? Bitcoin needs more acceptance regardless of how that comes about. Pedaling tinfoil hats like you and too many other newbies is what's stupid. |
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You know there are loads of Android apps for alerting on exchange prices, right? SMS could be an option for those without smart phones, but as a smart phone owner I prefer the app.
What are some of the better apps out there? Any recommendations? |
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The decline in volume is probably due to all the bots that cannot run on Gox anymore, which artificially inflated volume.
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I have to agree, Ukraine will have no effect on Bitcoin. Now if Russian messes with a NATO country, that will be a different story....
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If true it's amazing, thanks for the update.
I wish that whole story would hurry up and be over.
Damage done to BTC has exceed that of any BTC Gox stole. BTC community took a major hit, at least in the PR face. That damage should be reflected in price, which it's not. All we have here is an incompetent business and possible fraud. The free markets have spoken and will replace Gox with something better. |
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What exactly is your link showing that indicates limited adoption? Adoption will be predicated on ease of use, improved infrastructure, amongst other things. Price is mostly irrelevant since Bitcoin can be divisible to multiple decimal places making it easy to use for anyone. |
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It's not really profit, it's like if I gave myself a $1,000 loan and charged myself interest. The interest I collect on myself really isn't profit, it's just passing from one hand to the other.
The US citizens end up with a huge debt and the Fed makes a huge profit. It's faux profit. Who is the profit going to? The profit is in keeping the interest rates low so the banks make money. The profit isn't in the interest income itself. |
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Another reason to stick to cryptocurrencies. Everyone has the same available information. This isn't true. I could be friends with a whale and he could phone me telling me he's about to dump 200k BTC on the market and you would never know until after the fact. Information is power and it is never equal, never will be. |
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The following transaction appeared in a friends Bitcoin wallet and not initiated by this person - effing bastards stole those bitcoins that took her weeks to accumulate!
Probably a trojan - AVG (which was installed) did not pick anything up so I'll have to talk about better security and use a VM .... I am wondering does this have to be a virus on the pc or can it be done elsewhere ? Is there an anti-virus program that can be relied upon ?
Status: 42 confirmations
Date: 15/03/2014 14:26
To: 18m2MX9KSYS3bZFado4TS7yLqsfsQxcRB1
Debit: -0.525 BTC
Transaction fee: -0.0004 BTC
Net amount: -0.5254 BTC
Transaction ID: d864805441a77a43a0ccb78c478bd72275e29f1663a1c401969cb115d8d993ef
Read the wiki about paper wallets. Tell her to store the majority of her bitcoins that way (think of it like a savings account) and only keep what she's going to spend in the immediate future in a "hot" wallet. |
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Bitcoin offered free, anonymous money that held the promise of freeing us from the tyranny that stems from state issued and state mandated currencies.
And it failed. It failed because in the end most people didn't want to use and accept it in commerce to liberate themselves from the chains of state issued currency. What people wanted was not to use bit coins to buy and sell, but instead to buy hoard and sell the bitcoins themselves in hopes of getting rich.
It failed because, at our core, none of us really wanted freedom, and privacy in our economic transactions, all we wanted was speculations and more money.
Bitcoin is proof once again that people don't care about liberty, they care about wealth. And they will always sacrifice liberty for money.
The failure of bitcoin rests in it's fundamental belief that people wanted to be free. People don't want to be free, they want fast cars, big houses, and easy money.
A technology still in its infancy shouldn't be called a failure. |
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Isn't that on an endangered species list.....lol?  Nah I saw a show on TV not long ago where this Alaskan couple goes out and digs them out of the ground as one means of earning money (they live in a very remote area). Apparently they aren't all that difficult to find although maybe a fully intact one is. |
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"funding bitcoin related projects" is rather vague. What if the owner has a project and funnels all the BTC to himself? I'd rather see it go to an established organization and that organization be mentioned upfront.
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It's not really profit, it's like if I gave myself a $1,000 loan and charged myself interest. The interest I collect on myself really isn't profit, it's just passing from one hand to the other.
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Marc Faber is known as Doctor Doom. He is always mega-bearish. Sometimes he's right of course. But he is often a bit like a broken grammophone record saying that everything is going to hell. Finance TV shows love him as he's always available to make gloomy comments which generate catchy headlines and he looks and sounds like a James Bond villain.
I thought that was Roubini's title. I guess spouting off FUD in any sense gets your name in the paper. Some of what he says is valid but overall you're correct, he's prominent because he brings ratings. |
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I don't really think the Ukraine will have a major impact in the grand scheme of things. Russia owns something like 1% of treasuries and it will hurt them more than the US if they were to sell. What they'll likely do is move the treasuries offshore to prevent the US from freezing their assets.
As for tapering, it might happen but if/when the market reacts badly enough, the Fed will give in as they always have. The whole economy is addicted to cheap money, it's no longer a stimulus, it's an entitlement. When we do reach that edge, it will be a bad one, but we're not there yet. This game can go on for quite a while yet.
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Without further do, I think that the "NWO" will consist of FOUR main 'Unions' globally, each 'Union' will have their OWN cryptocurrency! BTCitcoin being the USA's currency, created and watched by the NSA as a giant project to see how the masses react to such sudden change, innovation, dilemmas at hand.
Just curious, who are the other three "unions?" |
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There's a reason they can offer a billion dollar prize. If you were going to randomly pick teams, your odds of winning would be 9,223,372,036,854,775,808 to 1. Yes, that is a 9 with 18 digits after it, or more than 1 in 9 quintillion. |
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If you look at the people playing, it's probably 95% or more newbies. They'll learn. It may be the hard way but sometimes it's the only way.
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This should all be pretty well known, I mean the name Ukraine literally translates to, "borderland." Its always been the border between western and eastern Europe.
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