The sad thing is that historically you would always make a better investment by buying and holding bitcoins than buying mining hardware.
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If you ever used the payment protocol (you clicked a bitcoin: link and saw a green box in Bitcoin Core's send dialog), then you should consider your wallet to be compromised.
At least two dozen people (and I was nowhere near the first one) told the devs that using the OpenSSL CA infrastructure for their "payment protocol" coin-tracking fantasies was a (a) crazy, (b) stupid, and (c) risky scheme that involved an utterly massive expansion of the attack surface to include all of SSL and the entire certificate authority ponzi-scheme. What did they do? They ignored common sense. The bitcoin dev responsible for this idiocy is totally incompetent and should step down effective immediately. Oh wait, that happened. Carry on. 0.9 introduced a bunch of bullshit. How the hell can bitcoin magnet link be vulnerable?! If they continue introducing unwanted bullshit features, bloating the bitcoin official client then bitcoin will be dead for me. This has already gone too far. The protocol specifies flawless security (except quantum computing vulnerability). WHY on earth has this flawless security be ruined by eager developers adding features that are not essential to bitcoin protocol?
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How do I install this for Linux Mint? On the previous version there was just a bitcoin-qt file which I could click on and run. Now the extracted folder contains several files, none of which are executable. I am stupid and know almost nothing about using the terminal, compiling libraries, etc. Can someone give me a simple explanation please?
Please. Almost sounds like you've downloaded a source archive. Are you sure you've downloaded https://bitcoin.org/bin/0.9.1/bitcoin-0.9.1-linux.tar.gz , 36MB in size? I had a quick look at this archive and the executables appear to be there: bin/32/bitcoin-qt bin/64/bitcoin-qt The file I downloaded from your link and the previous link is 47.5 MB. I tried it again with your link, but same result. Bitcoin-qt is not an executable, it is a "shared library (application/x-sharedlib)". I have no program that can execute this file. Fuck. Why didn't they just make an "executable (application/x-executable)" file like version 0.8.5? On Linux Mint 14 you can still launch your bitcoin-qt if you go to terminal and type " ./bitcoin-qt". If you want to start it without having it tied to your terminal window then type " (./bitcoin-qt -min &> /dev/null &)"
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Did OP change the title of the topic? Wtf has it to do with banking anyway?
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Ask a random person how to buy bitcoin. They will not have a clue. It will probably be frightening to them. It's just too hard. Proliferating ATMs would help a lot. Getting it in 7-11 or RedBox would help a lot.
Good point. I wonder why it has taken so long to spread bitcoin ATMs all over the world. Like WTF so many dudes here have a lot of bitcoins and they want to get even more rich but everyone just sits and waits for the price to boost. Instead, the ones with a lot of coins should accelerate the adoption rate. Max Keiser said he has 10k bitcoins. Why doesn't he buy like 10 bitcoin ATMs, spread them all over the world and help bitcoin to succeed?
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There is at least ONE big bubble yet to come. I have seen it in my dreams many times and I know it because shit hasn't hit the fan yet. After that, anything could happen, even death. Speaking of dreams, today I had a dream where gold had crashed 70% but interestingly silver not. I have no gold nor silver though, thus pretty irrelevant dream for me, however I can see it happening because the industrial value of gold is much less than it's market value. Once people realize that gold is not the ultimate store of value it will go down big time. Old school investors such as that Warren Buffer dude will lose their wealth.
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Credit cards are worthless now, since fiat is now worth 0 BTC, because the CEO of SSL has stolen all the fiat in the world and the banking ponzie has crashed.
Confirmed. SSL as Secure Sockets Layer? Anyway, I have always wondered where the word debit card comes from. I think it comes from DEBT. Credit cards are DEBT CARDS. Debt sucks. thus credit cards will die.
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Bitcoin will never go to the moon again because we already did that. Mars is next, stupid OP.
Yeah? Pics or it didn't happen. #idiot OP you're an obvious noob in this forum and in the bitcoin world. I was here long before you and all the oldfags know that Bitcoin already got to the moon. DONE. Now, let's speak about Mars.
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Bitcoin will never go to the moon again because we already did that. Mars is next, stupid OP.
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I think everyone has to feel despair and be put on trial when investing into Bitcoin because I had my dim moments 1.5 years ago, why shouldn't have new dudes who joined the bitcoin train 2 months ago?
That's why it's good that we have capitulation after each surge in price. Weak hands and gamblers need to get their lesson. I'd be envious if an average Joe or his wife who heard about bitcoin 1 month ago went all in and would never be tested if he/she had weak hands or not.
If bitcoins are really worth something then everyone can't be a winner. Even if it's a global redistribution of wealth the pyramid still remains, except this time the bottom of the pyramid are the weak hands, pessimists and people who maintain an inner dialogue that prevents them from ever getting rich.
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Update:
The OP didn't watch the video I guess.
There is nothing about Google creating a digital currency.
The guy rambles endlessly and then says "Bitcoin will take off when Google or a Google-like company creates their own digital currency".
The title of this thread is completely false.
-B-
I watched but then I looked the other articles about leaked Google e-mails and figured that there still might be something to discuss even if the particular video is pretty empty.
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We are usually at the bottom when I get the feeling that I should sell for easy profit. I currently don't have such feeling but I'm starting to think towards that direction already.
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A second can last forever. just saying.
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If you haven't used your address and only have inputs but no outputs then you're safe, even quantum computers cannot steal your coins then.
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I'd go 50% bitcoin and 50% peercoin. Peercoin has some really nice stuff coming up (peershares). Also proof of stake mining is the true innovation in the crypto coin world.
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I am the owner of bitcoin-estonia.com, bitcoineesti.com domain names and I want to let you know that i am releasing the domains on the open market as I don't have time for development.
Mõttetu squatter oled. Kedagi ei koti nii haledad domeeninimed
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I don't think peercoin is suitable for very small transactions because it actually has pretty large transaction fees for a purpose of being a store of value rather than transfer of value.
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