ill say it here...BITCOIN CASH IS THE REAL BITCOIN
bch sees around an eighth of the hashrate that the bitcoin network does, people have already decided that bch isnt the 'real' bitcoin. otherwise, it'd be seeing more than this much mining on its network. the only reason people still mine it is for profitability i'd imagine, with small timers having a hard time getting a real foothold in the bitcoin mining scene. It's considerably more difficult for shilling to happen here as opposed to other forms of social media, some people have considerable work invested in their accounts and we have metrics and other options to ignore the obvious spam. While I am definitely not a fan of Bitcoin Cash, replacing words is, in some ways, worse than outright censorship.
have to agree with the last bit there, and that would go against some of the 'ideals' of the forum, i guess you could say. going off of how the forum has continued to be run for years though, its probable that this will never actually be implemented. |
|
|
|
Quick Question, you're paying with PayPal MassPay / Gift / Family so we don't have any PayPal fee to receive the money?
Or you make a regular PayPal Transaction meaning that on the top of the 7% you take we will have an extra 3-5% from PayPal?
i send it as a gift, but paypal will take a fee even for gifts if the recipient uses a different currency from what i've seen. |
|
|
|
Take a look at the Announcement/Token board and you'll see 100's of new accounts starting new threads about new coins daily. Now 90% of these are either scams, or doubles. Can we implement a rule where you need to be a FULL member to post in the ANN section? This way all the scams are gone and filtered out. In order to have a new project you need to either be a full member or have a full member of this forum post your thread for you.
would be really difficult to enforce unless a special limitation on that section was created to limit some member ranks from posting there, or an entirely new section (tbh i dont know if there is an altcoin ann section or not, i dont really go there and i have it hidden). dont really like that idea too much myself though, newbie jail was discontinued and i dont think restriction like that should have a place on the forum at this time. and if not that, would be difficult to enforce manually, we only have so many moderators after all. we could go with a solution similar to the copper member thing that was implemented recently, with those members who paid to be allowed to post in an ann section. then again, caveat emptor is pretty much the policy of the forum, its probable a solution wont be implemented at all. |
|
|
|
Yes. Bitcoin is widely used in black markets that sells drugs and other illegal products. Bitcoin can also be a threat to the economy if a large volume of bitcoin is inside the country and the price fluctuates to a lower price or it may kill the currency of a country
so what if it is? cash is used in illegal trades, so are gold, silver, guns, whatever, you name it. as long as it has value to the buyer / seller, it can and will be used. not to mention, with these physical items, these are even more untraceable than bitcoin, with the blockchain readily available to show each and every transaction that has ever taken place. and i dont think bitcoin is big enough to impact the economy of a country to that extent at this point. and if it ism the country's economy shouldn't be 'good' enough to support wide bitcoin usage, but im no expert, just a good gut feeling. Yes. Bitcoin is widely used in black markets that sells drugs and other illegal products. Bitcoin can also be a threat to the economy if a large volume of bitcoin is inside the country and the price fluctuates to a lower price or it may kill the currency of a country
Many governments will slowly embrace crypto and bitcoin as a way to build their economy. Estonia, Lithuanian, Singapore, India to name a few are advancing quicker than others. India and soon Thailand will tax sales of crypto. a fair point. with regulation that can be enforced on exchanges, the government could benefit greatly off of cryptocurrency development in its country, while providing its citizens a safe, monitored channel through which to obtain and trade bitcoins. |
|
|
|
As the title states, I can't report any posts. I either get "Busy, try again (504)" or "The last posting from your IP was less than 4 seconds ago." (which it wasn't, since it seems I can make actual posts just fine). What's going on?
i think its the site rather than just that one function, ive been getting quite a few 504's and other error screens when trying to just browse the forum today. i remember getting one that said 'SMF cannot connect to the database' earlier though. |
|
|
|
Currently, less than 5% of the entire population knows
or uses Bitcoin as a means for payment, trading etc.
I personally think that even in that 5%, there would be
a lot of people that still know close to NOTHING about
how bitcoin works or about the block chain technology.
Yes, it certainly has become popular during this year but
we are far from mass adoption from the public.
pretty sure you're pulling that figure out of nowhere, and 5% seems like an extremely low estimate, especially for a developed country. there are plenty of people interested in technology and developments, and even those who aren't have likely had exposure to bitcoin through some media outlet. it might not be good exposure if it came from mainstream media, but especially in these days with bitcoin surging as rapidly as it has been, the chances that word has made it to to media is extremely high. of course, that doesn't mean they're by any means knowledgeable about how to use it. i'd personally put my personal estimate for a developed country at anywhere between 25 to 35%, with probably around a fourth of those individuals having the know - how on thee basics of use. |
|
|
|
Most likely yes! The government will not support bitcoin directly because it is against their centralized policy. The government wants to control every kind of money circulation in their country.
a government isnt inherently centralized in their policies, unless the government is authoritarian. taking a democratic government as an example (the us government in this case, as that is the one i'm most familiar with), idealistically, the government should be making its policies to serve the interests of the constituents, not itself or its legislators. however, the congressmen / women of the us government are corrupt pretty often (usually the republicans) and make policies and cast votes that tend to favor either themselves or their donors that essentially control them. The government is likely to oppose bit coin.Bit coin can easily be sent easily without anyone knowing the highest amount.But the identity of the sender and the identity of the receiver is hidden.This can easily cover the amount of black money. Can be used for illegal acts.Bit coin value is very high, so if the bit coin comes into use it will decrease the value of many countries.
and that's something unique to bitcoin how? exactly, its not. i can hand someone a suitcase full of bills and no one else would know. and in this instance, it would be even more anonymous than bitcoin, because there isnt a public ledger anyone can search to find the sender and recipient. the money can just as easily used for illegal purposes. |
|
|
|
Maybe Bitcoin could be included in some subject that teaches about finances, so not as a separate one. This would be maybe better if there are some parents who would object if too much attention would be given only to Bitcoin. But to my opinion young people should be introduced to Bitcoin as a part of their general knowledge and financial culture.
i can only see something like bitcoin being a small block in an economics course, there's not enough that bitcoin can offer in terms of subject material to create a cryptocurrency economics course, but that's just my own thought, others might think differently. on the same note, id think that a familiarization / introductory course in bitcoin and cryptocurrency basics as an elective / general ed class would be a better place for bitcoin in a classroom setting. the basics on use and security could offer enough material to fill a semester's worth pf time. there would even be enough material available as classroom aids; the test network would be an amazing tool for this if applied correctly. there could even be a lot of use the recent forks could offer in an academic environment, and the class could even make their own small fork given the tools to do so. there's a lot of potential even for lessons that go far beyond the basics in such a course. |
|
|
|
i saw your post history and i think the main reason why your account was banned is because your post are mostly submision links from a bounty and some are one liner post that dont add anything usefull to the discusion. all you gotta do now is move on. You mean, this is permanent ban? No reasons, no time periods, no warnings, just permanent ban "for some reason"? Are you a moderator? if it doesn't tell you in that ban message how long the duration of the ban is, it is permanent. looks like it is in your case. if you were perm banned the first time around, it was likely due to copy / pasting posts, aka plagiarism. not saying this is the reason, just a likely one. that, or you've had infractions in the past. i saw your post history and i think the main reason why your account was banned is because your post are mostly submision links from a bounty and some are one liner post that dont add anything usefull to the discusion. all you gotta do now is move on. that doesn't matter. there are members who only post in off topic and are doing fine as far as bans go. only breaking forum rules will net you a ban here, op probably isnt being completely honest in what he;s been doing,. they usually arent though. |
|
|
|
Actually today I watched a video on facebook which is about spending bitcoin and gold in USA,it says it is difficult to spend bitcoin but some places are accepting bitcoins accepting as payment like supermarket,restaurants and some institutions.But no one accepting gold as payment then why still people says gold is better?
Those are their own opinions about gold, they feel gold is better than bitcoin. Gold is highly stable and prices have not changed much for a long time. really makes me think how much bs you guys are aware you're spouting when you spam.  this image is sourced from bullionvault, it is not my own. ( https://www.bullionvault.com/gold-price-chart.do) this shows the price of gold over the last 20 years; id say it shows some rather large changes. in 20 years, which isnt really that long a time in the grand scale of things, we can see a low point of ~253 usd per ounce, with a high of a bit over 1837 usd for an ounce of gold. that's more than a 725% difference between those two points, if that's 'highly stable' for you, and merits saying that 'prices have not changed for a long time,' you really should take a class or something, to say politely. |
|
|
|
"BTC expected to be go down after December 11, there will be an event - "Chicago mercantile exchange" and BTC is pumping funds for that" is this news true guys?
I have been watching some "Telegram Groups" too where they are spreading some flying FUD that Bitcoin is going back to $1000 soon because all this (bubbly pump) happened to make Chinese investors shift their money and get people in Bitcoin's trust and once it reaches 10k, the whales will come out and start throwing it off on us. I know this is bullshit but we need to remain careful because we can't deny the fact that it has gained more than 900% in just a few months which is not something that can be taken for granted. I am not against the price rise, but I think it will rebound surely and get back to at least half of its price (ATH) but not in this year. thought this might've been one of the contributing factors. there's no real backing to op's claim that i could find, and ive been hearing about all these telegram and other social media groups full of people who have absolutely no idea what they're talking about. the claims these people make are ridiculous first off, but im thinking its all just them spouting wishful thinking on their part as their 'expert predictions.' getting pretty annoying now that there's so much more of these posts going around now though. I think 10k is psychological boundary and we will see plateau for some time before going up again.
and why would bitcoin have a psychological boundary? its fucking economics. stock prices dont just stop because people think it will, they shift according to how the company does and the general market trends. at least make your words coherent. |
|
|
|
I dont believe Bitcoin will be affected by ICOs if they crash.
BUT that said Bitcoin is the one thats skyrocketing not ICOs (whilst huge investments gone into ICOs there fairly dormant at the moment being overshadowed by Bitcoin) and people away from this forum who have no understanding of Bitcoin are the ones Chinese whispering about how there so much quick money you can make and they should jump on the hype train. Your average joe isn't buying into ICOs in the same way with Bitcoin. Media is focusing on primarily on Bitcoin and the unbelievable growth and money making opportunity. Your average joe isnt thinking oh TenX, Neo, Lisk blah blah there thinking Bitcoin.
Early investors of bitcoin fuck yeah go you guys your going to be fine just hold on long term as it will continue to grow to new heights in the next 10 years, you got yourselves a great entry into the market early on!
Newbies looking to invest now id be very cautions of getting wiped out short term and waiting a long time to recoup your potential losses. Nothing lasts for ever, history repeats itself, dont be blinded by money signs and whilst there is great value to Bitcoin there is also alot of volatile hype right now. I know alot will disagree that Bitcoin is in a bubble and will have a dramitic drop at somepoint but perhaps we can agree long term bitcoin will be of a higher value that it is today. Entry is everything in market trading and jumping in now seems quite risky.
I think its alot easier to get bitcoin than it is to learn and buy into ICOs. I think Bitcoin is the bubble but yes there are trashy icos out there still.
I think you should be very careful if investing at this time and use this great forum to collect as many opinions to form your own. If bitcoin crashes all those ICO/BTC prices are going to surge up. Theres not much of a crash for ICOs to currently really have, more Ethereum with the majority of ICOs being built on its platform but again its relatively cheap and lightweight still in comparison - everything being kept relatively low by bitcoin and its hype.
unfortunately, i dont think that's going to be the case. as much as i don't like the idea of ico's with how insecure they can seem, with millions of dollars' worth being entrusted to groups on their word alone, they can get pretty out of hand with the scams they pull. however, at this point, the ico scene is too closely tied to the cryptocurrency market, and while bitcoin itself may not experience too much of a hit were the ico scene to get shut down, it will take a hit regardless, although i don't believe it will be devastating. however, i do think that the ico scene is a major contributor to bitcoin, and even cryptocurrencies in general, receiving a lot of exposure in recent times, and also contributing to the 'bubble' that people are assuming exists, although i havent seen an actual market analysis that suggests so. |
|
|
|
It will keep going up for a while until the price touches $10000, it will happen before the end of the year and we all know that it will really happen.
There is no reason at all, but tell me one thing, are you worried about the price? or you just dont like to see it going up? I am glad that it touched 9000, and there are a lot of memes about the price, lmao.
Just keep calm mate, i guess that you are earning money from this pump, and we all are on the same situation that you are now.
itll happen long before then, we've got a bit over a month before the year is over, and bitcoin was just over 9000 yesterday when i took a look. taking a quick peek at it now, seems its come up to 9500 pretty much overnight. havent really kept up with the news on bitcoin over the past few days, but whatever is going on, it's raising the demand for bitcoin in the entire market quite substantially, enough for what is essentially a ~5% increase overnight, which is insane. that being said, it doesn't necessarily imply a bubble resulting from the price spike, it could actually just be organic growth we're seeing. wouldn't surprise me with all that's been happening in the last few months. |
|
|
|
Depends on the country/jurisdiction I guess. If gambling is illegal, gambling with anything is going to be illegal, doesn't matter whether it is bitcoin or fiat.
also depends a lot on how the legislation pertaining to gambling is written i would guess. i would guess to say that most legislation involves defining gambling as something that takes place involving currency (currency being the big key word here); here in japan, pachinko venues are fairly common. common enough that i can probably see about 10 of them going 30 minutes down the highway. however, the legislation on gambling from the japanese government forbids gambling establishments where money is exchanged directly; this leads to the system the pachinko parlors use involving 'tokens' that can be 'sold' for an equivalent value. its in a fairly gray legal area, but it's enough to allow those pachinko parlors to continue existing. |
|
|
|
Lets be honest here? Are you just mad because you didn't get in at .75cents?
I honestly have nothing to say on your following statements. Taxed on capital gains? Started out supporting silk road? BTC is an AI? "Why the fuck aren't your morons buying gold and silver" What the actual f***? I hope this is just a troll post.
their iq is either in the low double digits or its 100% a troll post, just look at the part where they think bitcoin is a sentient ai. its also clear they have zero understanding on how things are valued in modern society: demand. I am seriously confused at the GD price of this btc... It has like no value at all.. none.. zero..
it has zero intrinsic value, if you dont know what that is, just search it on google. an apple has intrinsic value. a hundred dollar bill has zero intrinsic value, save maybe for being burned for warmth or whatever. it's only valuable because the people say it has value, such as how people today say that bitcoin's value can be deemed to be around 8800 usd per bitcoin at the time of writing this post. hell, people give value to things that have zero practical use even, such as cosmetic effects in video games, for which people are willing to pay hundreds and thousands of dollars for, all because there is a demand for these things. |
|
|
|
I think the first comprehensive bitcoin regulation will come from Korea. The cryptocurrency trading volume in the country is very high, and the government already has a task force which is working on cryptocurrency related issues, like regulating ICOs, for instance.
personally, i think it will come from japan. as progressive as the korean government has been in regards to the adoption of cryptocurrencies and blockchain technology, japan has been even more so. every time i've been over in tokyo, i've seen 'bitcoin accepted here' signs along with directions on how to pay for the purchase using bitcoin. haven't seen this much in restaurants, but plenty in department stores and tech - related stores. Korea as a whole is a high-tech country anyway, and it shouldn't surprise anyone that they are among the leading countries that work on how cryptocurrencies can be regulated.
tad off topic, but wanted to address this. south korea's economy is very much into the tech industry, and there are highly urbanized areas of the country, especially the capital city of seoul. however, having lived there for a while, i dont feel you could really call it a 'high tech country as a whole.' there are still plenty of rural areas outside of the main metropolis, and i mean incredibly rural. This info proves that there`s no need to build brand new bitcoin ATMs.The banks could change the settings of their ATMs, so they could accept fiat money payments for bitcoin and altcoins.
South Korea and Japan turn to be the leaders in bitcoin/blockchain adoption.USA and the EU countries are far behind them.The "know your customer" KYC rules are the only thing that stops further adoption.I hate sharing my personal info and IDs to some greedy banks.
of course there's no need for that, there never was, unless the current existing atm's could not in any way be modified to support bitcoin transactions. why bother designing and building something new when you can add functionality to an existing product for much less? |
|
|
|
There is nothing wrong with the intention of the South Korea in regards to regulation of Bitcoins and ICO's. There are lots of fake ICO everywhere taking advantage of the news or new tech being studied as their own project even if they really do not have the capability to deliver them. I would certainly agree for consumer's protection to punish this fake ICO's and if ever a crowdfunding is needed, they should have legal documents from the authority approving their intentions to collect funds from the public.
exactly my opinion as well. everyone's panicking over ico bans and regulations, calling it the end of cryptocurrencies (weather theyre just stupid, trying to spread fud, or actually believe this shit); meanwhile im thinking that all these regulations are a really great move on part of these governments. these ico's need to be vetted and rated in a way similar to how charities are vetted in the states. there are various organizations such as cfc and charitywatch that rate charities based on various factors (spending reports, visible effects of contributions, etc). if governments could create organizations such as the SEC in the states to review and rate ico's, i can see a safe and prosperous environment being fostered for the growth of cryptocurrencies. |
|
|
|
Some of South Korea’s most influential financial institutions and service providers have begun to integrate bitcoin into their existing infrastructures, increasing the liquidity of the digital currency for general consumers in the country. Hyosung, the most significant ATM manufacturer in South Korea, has officially integrated bitcoin brokerage services into their domestic and internationally distributed ATMS.
south korea's economy has been receptive to technology for a while now, there's a reason it's referred to as one of the asian tigers, referring to their surge in economical growth largely due to their contributions in the tech sector. this bit of news shouldn't really be surprising anyone, should've been expected if anything. In November of 2017, Hyosung announced a full bitcoin integration for its international 20,000 ATM models as well. Hyosung also supplies financial institutions with bank ATMs, which will be able to receive the bitcoin update in the upcoming months.
Hyosung’s integration of bitcoin will further increase the liquidity of bitcoin for general consumers and usability of bitcoin for beginner users, as with bitcoin ATMs, bitcoin investors are not required to comply with strict Know Your Customer (KYC) and Anti-Money Laundering (AML) that take weeks to even months for full verification. Earlier this week, South Korea’s second-largest commercial bank Shinhan announced its testing of a bitcoin wallet and vault service.
this is the single most important part of this; availability. not only will there be 20 thousand locations accessible, customers won't be required to go through a lengthy process that might discourage them from using the service, leaving only the diehard fans to use the service. the company probably aims to profit greatly off of this, but nonetheless, this is a huge move towards having bitcoin go mainstream. |
|
|
|
As a major subject in college? I don't think so, since all of the information they need to learn about cryptocurrencies are readily available all over the internet. It is worth only as a mention maybe, but not as a major subject.
all the information i need for a bachelors in pretty much everything is readily available on wikipedia, and with a bit of digging in the right places, probably masters degrees as well, so by your logic, universities shouldnt even exist. actually use your brain and try to come up with a statement that's only half true. What jobs would this degree be used for?
ideally blockchain development if bitcoin were to take off, development on forks to improve the scalability of bitcoin. however, i dont think this would ever work out; bitcoin benefits from decentralization, and with employers seeking these jobs to develop the blockchain, most likely the benefit themselves, i dont think this would ever work out for the benefit of bitcoin. Cryptocurrency or blockchain can be, maybe already are. Bitcoin less likely, since its too specific I think. But then check these: https://goo.gl/k7XAEY, so why not. if anything, bitcoin is a broader subject that the blockchain as the blockchain is an inherently included topic on the subject of bitcoin. however, i dont think either of these subjects holds enough subject matter to develop a field of study on. I do not see BTC becoming major in colleges or universities because it goes against their whole system. Sure there are some random ones accepting it for their bookstore, or even paying their tuition, but there ins't widespread BTC classes being offered. We will see it eventually once the world changes the way education is done as well and this will come with decentralizaiton. your reply is completely worthless unless you can define exactly what you mean by their 'system.' and just going off of assumptions here, i cant see what you could possibly mean, much less how it would go against their 'system.' universities are places of higher learning, where students can pursue in - depth and niche knowledge and obtain a degree certifying that they have taken the time and effort (and money) to obtain this information for use in furthering society. what exactly would learning about bitcoin have against a system of education? youre probably just shitposting for your sig campaign, but theres that 1/100 chance you're not, so i'd like to see exactly what you mean by this 'system' that you've failed to define. |
|
|
|
|
Show Posts
