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1821  Economy / Speculation / Re: 3...2...1... (...?) Lift off! on: July 05, 2015, 07:41:49 AM
Just need 1 more push & we'll see $300 guys Smiley
But, beware of dumpers who could dump their bitcoin Sad

The big push is going to happen.
A lot of people will want to get in before the next block reward halving.
1822  Other / Off-topic / Re: What are your HOBBIES? on: July 05, 2015, 07:40:43 AM
The internet occupies a lot of my time these days.
1823  Economy / Economics / Re: If Greece defaults on: July 04, 2015, 01:18:47 AM
Older Greeks will remember that. In the old days, before the Euro, every year, the BS drachma was losing 10% of its a value towards towards the mighty Deutschmark. The Euro was a huge chance for Greece, without it would have ended up like Zimbabwe. This is what's going to happen anyway. The Euro was a just a break from Greece's normal history.

The Greeks still have a chance to express their view in the referendum tomorrow.
Right now, it seems too close to call whether they will say yes or no.
1824  Other / Off-topic / Re: So much for privacy! on: July 04, 2015, 01:15:51 AM
Governments everywhere seem to be tightening the noose around anonymity.
ICANN must be feeling pressure from multiple sources.
1825  Economy / Economics / Re: If banks start to talk about Bitcoin ... on: July 04, 2015, 01:05:03 AM
Unless you're not aware, it already started. On a slow phase, eventually they will scale it up and integrate with bitcoin then that "big reset" will happen.

Yes, they are still 'fighting' Bitcoin. When they start scrambling to adopt Bitcoin, we will know that the reset is about to happen. Citi has made a start with citicoin.
1826  Bitcoin / Bitcoin Discussion / Re: "Bitcoin Will Bite the Dust" report on: July 02, 2015, 01:07:43 AM
Im yet to see a proper critique that's hard enough to predict an outcome of "Bitcoin dying" that is convincing enough to be considered seriously. This is all over again taking things out of context and not understanding a lot of key subjects on BTC and the protocol.

Possibly because it is impossible to have a proper critique which concludes that Bitcoin is dying? Wink
Even if the critique is not exhaustive, people should at least try harder.
1827  Economy / Speculation / Re: Price is fighting to $300 in July! on: July 02, 2015, 01:03:40 AM
I don't think the price is going to hit $300 this month. We may see that number breifly, but dumpers will bring the price down agian. I know there is a situation in Greece and Bitcoin could help greek citizens but it won't keep the value of bitcoin above $300 for a long period of time.

Even if it does touch $300, people will realize that Bitcoin just needs an excuse to break out. Today it is Greece, tomorrow it could be another country. Nations keep screwing up their economies.
1828  Bitcoin / Press / Re: [2015-07-01] CT - BTCGreece Founder: Bitcoin Demand Has Risen by 400% on: July 02, 2015, 12:59:55 AM
It would have been nice if he had talked about actual numbers.
The original base of Bitcoin users could have been very small.
1829  Other / Off-topic / Re: Just Wondering...anyone from Hong Kong on: July 01, 2015, 01:39:45 AM
You could try this (pretty old) thread.
1830  Bitcoin / Bitcoin Discussion / Re: WSJ like bitcoin on: July 01, 2015, 01:37:20 AM
I just saw this headline about bitcoin: "With Greek Uncertainty, Investors Seek Safety in Gold and Bitcoin"

That is the actual headline!  Now bitcoin is "safe", and the WSJ it a heavy hitter in the investment press.  I am sorry the article is behind a paywall, but I think this is the best headline I have ever seen for bitcoins.  The FUD news seems to be in the rear view mirror Smiley

Maybe they had a last minute change of heart about the headline!
The URL reads http://www.wsj.com/articles/with-greek-uncertainty-investors-seek-safety-in-gold-and-even-bitcoin-1435705212
"Even Bitcoin" doesn't sound positive, it sounds desperate.
1831  Bitcoin / Press / Re: [2015-06-29] CT: Will Grexit Force Btc Price to Spike like the 2013 Cy Collapse? on: July 01, 2015, 01:35:15 AM
The uncertainty in financial markets is certainly helping Bitcoin. If it is driven by fears of a Greek exit, then an actual Grexit could spark a bull rally in Bitcoin.
1832  Other / Off-topic / Re: What would you do with 100Btc? on: July 01, 2015, 01:28:12 AM
If you opened your btc wallet and found a balance of 100BTC, what would you do with it?

Forget about it, and open it when I retire.
It isn't too much now, but maybe it will be sufficient to have a comfortable retired life.  Smiley
1833  Bitcoin / Press / Re: [2015-06-27] CT - The Greek Dilemma: Hyper Inflation, Austerity, or Bitcoin? on: June 29, 2015, 12:54:48 AM
Currency controls just announced.  People won't be able to withdraw more than a maximum of €60 (£42; $66) from their bank account each day.  It's also unlikely Greece will remain an isolated case.  If anything, this is the tip of a very large iceberg.

The intelligent people have already withdrawn their money (and may be converted it to dollars / gold / bitcoin). It is only the common Greeks who will be left holding the bill.
1834  Bitcoin / Bitcoin Discussion / Re: Pita Bread Munchers Could Steal Bitcoins from Public Laptops on: June 29, 2015, 12:53:08 AM
It is nice to see that Bitcoin is deemed important enough by the developers.. so important that they are working on increasing the device's capabilities to steal Bitcoin private keys. This device would be more relevant in actual spying.
1835  Other / Off-topic / Re: Bitcoin and Porn on: June 26, 2015, 10:30:55 AM
Actually, I'd prefer it if bitcoin was adopted by the porn industry, because it shouldn't be shameful to use it with anything. You can also pay your bills with bitcoin and if you can buy porn and drugs with fiat cash then why not bitcoin? If we want bitcoin to succeed as a currency then people should be able to buy absolutely anything they want with it... even illegal stuff and that's just up to the authorities to police. 

Oh, and fuck the ignorant perception of society. They'll change their mind over time, but then it'll be too late for them anyway.

As long as there is some taboo associated with watching porn, bitcoin is a natural fit for the porn industry. Credit card companies and banks sometimes have hesitation in dealing with porn companies. No such issues with bitcoin. I think the proportion of porn sites accepting bitcoin should be already high.
1836  Bitcoin / Press / Re: [2015-06-25] Facebook Challenges Bitcoin? Payment Icon Added To Desktop Users on: June 26, 2015, 09:59:11 AM
I don't see why Facebook feels the need to fight bitcoin. They could easily integrate bitcoin and make a killing. It would be good for bitcoin as well.
1837  Bitcoin / Bitcoin Discussion / Re: Which is the best Investment Option for Bitcoins? on: June 21, 2015, 01:41:17 PM
You could probably loan them for later profit. However, you have to be wary of scammers who don't repay loans.
Or you could trade on the market.
Also, you could invest in cloud mining, but there aren't very reliable cloud mining providers out now.

Loaning is not a wise option.
Default rates are pretty high. Unless, you have a good hang of it, you could lose money.
1838  Bitcoin / Press / Re: [2015-06-18] Metro: Could Greece take bitcoin as its official currency? on: June 21, 2015, 01:26:08 PM
It wouldn't solve any of Greece's problems.
Greece needs practical solutions to its debt problem. It does not have a currency problem.
1839  Bitcoin / Bitcoin Discussion / Re: Bitcoin Evil Plot? on: June 21, 2015, 08:36:27 AM
Fungibility of bitcoins is very important.
So you really don't have to worry where bitcoins came from. If people were to be stopped from using certain bitcoins, it would destroy the basic concept of fungibility.
1840  Bitcoin / Press / Re: [2015-06-19] BitLicense Shoots Down Another Bitcoin Company in New York on: June 21, 2015, 08:33:07 AM
This is probably a good thing.
New York can remain the financial capital of the fiat world.
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