I think the best domain for this is BitcoinTalk.org.
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I think cryptocurrencies introduced by the government are unlikely to succeed because they look like fiat currencies.
They will make them look like Bitcoin, but with a "trusted" government regulator to give them credibility in the eyes of the gullible and trusting public.
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Theymos is really Satoshi FixitMoto, and he is the younger brother of Satoshi KnackerMoto. He is working on a new project that replaces the blockchain with a blockwire. This will provide continuous traffic and instant confirmations of transactions. Having the whole of the blockchain saved as a single block, removes all arguments about blocksize.
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I'd join the one Theymos set up to replace it.
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Guys sorry for bumping this topic. Want to know what else did you take with you camping? Next month I go with my family and want to be ready at 100%. What tools should I take with me?
A campervan - it helps you to stay connected, and to enjoy the countryside.
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Keep your money in your pocket, and invest time in training and educating yourself. Read some of the informative threads here, and ask questions. Top it up with some YouTube videos.
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I've been discussing Bitcoin in a couple of forums, and I'm shocked by the vitriol and anti-Bitcoin passion that I'm finding. It seems that the mass media FUD has turned away the very people who could benefit most from Bitcoin. In contrast, Bitcoin is becoming stronger every day, and is moving towards becoming a store of wealth, and it seems to be moving into the ambit of the rich and the knowledgeable. I'm giving up on Bitcoin evangelism, and concentrating on fattening my wallet.
I thought that Bitcoin might become one of the currencies used by people when the fiat systems collapse, but I think this will only be a minor use. I believe that fiat cash will be used for a while, and silver coins could become a longer term solution. Of course it all depends on the cryptos that are introduced by the various governments, and whether there will be any trust in them.
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Forums grow because of good information exchanges between members, and useful help and advice. They can also provide good places to relax and make friends with like minded peers.
They die because of over moderation, petty bitching attacks, too many low grade badly worded posts and threads, too much spamming, and reduced legibility as a result of text formatting, over use of quotes, and the inclusion of large stupid images ( especially when the are included in quotes ).
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Actually it is the central banks that control interest rates, and this is the root cause of many of the problems. Trump has tried to fight them, but they will need to be nationalised for any long term solution.
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Because of the way that hard drives work, I believe that you should have a minimum of 500Gb, and that it is preferable to have that on a second drive.
You don't need to run your node every day if you aren't making daily transaction, but it pays to run it frequently to avoid long sync periods. The core is pretty robust, and you can interrupt it if it hasn't completely sync'ing - just make sure you wait for it to close down correctly. If you are using an external SSD for the blockchain, then male sure you "eject" it to ensure that the write cache has been emptied.
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I think it all comes down to posting quality, and the knowledge and social skills of the members. I'm pretty bored with all the talk about merit,rank, trust and bounties. I's like to see a vibrant community of like minded people, and informed chats about Bitcoin and global economics.We are entering a period of massive economic, social and banking changes, and we should have some great discussions going here. We should have grown out of the Bitcoin will replace gold/fiat/banks/sex/cats or whatever.
A few usable selling boards would be useful as well. Not just for domain names, and crypto exchanges, but other business related products.
Changing the forum layout won't make much difference in my opinion. Well maybe disabling nested quotes and images in quotes would improve legibility.
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If you really want to help the homeless, stop pumping them full of destructive and poisonous drugs, and try to get the government to stop funding the big pharmaceutical companies, and use the money to expand the economy and create jobs .
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Bitcoin will never be a global reserve currency, and is cannot be controlled by governments or the elite. It will become a global store of wealth, and one of a range of assets that can be used as securities. Watch out for fireworks when the banks start to rehypothecate when Bitcoin is in a portfolio. The volatility will cause havoc when they get things wrong.
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I put ref links on most of my sites, and it helps to pay for the domains and hosting. I host my own images, and I put links on the gallery sites as well. Hopefully my posts are useful, and I'm not considered to be a link or banner farmer. I'm not sure where the line is drawn,
There is a far more blatant tactic, and that is to post a Bitcoin wallet address and to ask for tips in a signature. I'm not against that either, as it is up to the reader to decide if the poster should be rewarded.
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It is not clear that Bitcoin has "strong fundamentals" and there is no evidence that the price is "constantly being weakened by manipulation".
Bitcoin has now evolved in a living commercial entity. Most people restrict their view of Bitcoin fundamentals to things like mining costs, but the really important consideration is the ecosystem that is being built around it. It is this that needs to be evaluated to assess fundamentals in my opinion. We know that there is massive whale and other manipulation of the Bitcoin price, and this is widely reported in the mass media. This will frighten off many retail buyers, and this can weaken the price.
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Sig spammers should stop the hate against people who hate sig spammers. If you choose a despised profession, then learn to live with the hate.
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@franky1
How do you determine the fundamentals for shares? The central banks have been lending money to companies to buy back their own shares, and the execs have been selling. This has loaded them with debt, and doesn't bode well for the future. We also have governments who are pursuing policies to move manufacturing and farming to Asia, and this doesn't look good for the future.
Gold is being bought up by governments and central banks, so it is impossible to determine any fundamentals, at least until they announce the possibility of underpinning new crypto with gold.
Bitcoin is even harder to determine. I've seen lots of calculations related to the cost of block mining, but until we know if Bitcoin is going to be a store of value, or a payment mechanism ( or both ), it is difficult to determine the future path of the Bitcoin price. My feeling is that it will take its place alongside gold and silver. The pound got its name because it was originally a certificate for a pound of silver, and later it was linked to the price of gold. The modern pound Sterling has no intrinsic value any more, and gold is still used as legal tender in the UK in the form of the Sovereign and the Britannia.
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I tend to look at fundamentals, and base my investment decisions on those, but I think I may be missing out. Take stocks for example. There prices don't reflect profitability or asset values, and most companies seem to be laded with debt. But the central banks keeps printing money to buy their shares and push up the prices. Obviously this can't go on for ever, and the stock market will have to dump, but that is politically unsound, so maybe I should be exploiting the price manipulation in the short term. The reverse seems to be true of Bitcoin. This seems to have strong fundamentals, but the price is constantly being weakened by manipulation. It is rumoured that Ripple could take over from Swift, and public awareness of this could push up the price of Bitcoin andother ctyptos,so maybe I should keep out of the stock market.
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The Royal Mint has announced that it will be releasing a reminted 50p coin in January. There won't be any stars on it though. I always felt that the EU flag was very apt - a load of stars running round in a circle, and getting nowhere.
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Go for it - it's time I started to understand the content of some of the whitepapers.
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