Everyday I read about people having serious problems with an ever growing number of exchanges. Is it me or is it turning out it's a scam?! Since MtGox, it seems all of them have been taking the same worrying path...
Because a number of these exchanges do not go into the business with the expectations that they will be loosing some money when the trades do not go for them. Exchanges should only make money from their trade fees and there are a number of them who play in their own back yard. This is not good for them and they end up turning scam. Just my overview opinion. |
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I think the best way that Bitcoin can be spread is by doing public demonstrations, and giving free BTC small amounts around 0.02 to those who take an interest. The only people who could do this is the ones who brought when the price was incredibly cheap and are now BTC rich, this will be a great way to give back to the community and intern help raise BTC popularity and usage and of course making it widespread. This is demonstrated beautifully in this documentary : https://www.youtube.com/watch?v=8zKuoqZLyKgHow do you feel we as a community should raise bitcoin awareness and how are you helping ? Giving something away demonstrates that it has no value. Instead you should create a business, accept only XBT from customers, and pay only XBT to your suppliers and employees. Doing this would be hard to do and may put a small business venture out of business quicker than it took them to start. There needs to be a network for others to be part of so that there are no issues getting your pay converted to your local currency to buy things that are not offered under the same payments. |
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Ive been waiting for open bazaar for what seems like ages now, so looking forward to actually using it when its finally released. Also looking forward to see what happens after the halfing. Should be exciting times.
I am also in the same boat as you. I have been reading about it for some time and I am excited about the launch. I am also looking forward to the price increase as bitcoin is evolved into more retail businesses in 2016. Lots of fun things to look forward to. |
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My question is, what will happen with coinbase in the future when it comes to them processing transactions? Our company is working on an agreement with them to get our transactions confirmed quickly when we open up in the near future and I am afraid this may have some interference with that. What do you think about this concern?
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For me yes in fact it helps to me to pay our bills like monthly payment for internet, electricity and for apartment.
And also use it for buying foods and stuffs. bitcoins is really fast to withdraw just like a normal Atm debit card
That you can withdraw it into fiat instantly..
What bills are you paying with Bitcoin and how are you doing it? Are you transferring the money to your bank account first or are you paying directly with Bitcoin. Where are you located, in what country? Do you earn your bitcoin through faucets, work or gambling. Please let us know. |
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I prefer trading futures. When trading futures, I can ride the wave up and down or one or the other with out the need to wait for the increase in order to make a profit. This just opens up my options more. Why not take more options.
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Why are people so dug into the change of the common unit that we are identifying bitcoin by. There are a lot of numbers, but why would you want to divide that by 100??? That just does not make much sense to me. Someone please explain the benefit to me.
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A great achievement indeed. A time to look back and see the mega impact Bitcoin has been having on our world and our lives... Here's to another 8 years of technical evolution and social/financial progress  I agree that bitcoin is having an impact on our lives and with the new year to come, I believe there will be more of an impact than what we know. The more bitcoin is interrogated into our lives, the more people will become aware of what bitcoin is and how it can benefit them. |
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Small news I dont think so this is Massive News
China is setiting up a Bitcoin Global transfer system!!!
I agree that this is massive news, but the question is whether or not they are working with any other country. There are a number of countries who are in debt to China and them controlling something like this could put them into more control of the world as we know it. I have nothing against China, but I enjoy my freedom and them controlling the next global currency scares me. |
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Where would I find one of these Blizzard miners and how much do they cost. I am interested in learning more about mining, but it is hard when You do not know where to start. Everyone has an opinion and it is hard to determine which opinion is the correct one to go with.
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i cpu mine XMG for fun, other than thank, mine a X11 oe X13 coin when it comes out, i use this to check (altcoincalender)
How do you mine CMG with your computer? I am interested in anything where I can effectively mine and make a few extra dollars on the side, while I am working on my computers of coarse. My rent is included with my electricity, so I would like to make the most of it. |
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I am not looking in the right place it seems on here. I am looking to mine more with BCN. I have a few computers hardwired into my network working on it daily but I am sure I could be doing more with it. Can someone give me some cheap ideas I can use. I am not looking for a get rich quick, I am just currently using Minergate and I think I could be making more with it. I would also like to explore using a GPU, but I do not know how to go about identifying one and how to set it up.
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I am looking for some people who have had some success with this. I am currently using Minergate on about 6 computers, but I am not making much, maybe 3k BCN per day. That is not much for the power I am using, but I am just testing this out before I invest some real money.
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I would like to say that I am holding my BTC for price increase, but the sad part about it all is that I do not have any BTC to hold. I end up using all I get as soon as I can earn it. I want to offer a service here, but there are to many people offering a service and everyone is trying to undercut you, so I would make more money on faucets before I actually get a gig.
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You could always buy a general cash ATM and reset its parameters and replace its hardware and operating system. Am I right in stating that this would be the most secure way to do this? This way you do not need to worry about the security of the machine. The difficult part would be setting up the system to buy sell and trade.
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I am trying to completely understand the reasoning of this idea. Why does it matter if you identify by satoshi or if you identify by BTC? Satoshi is for those who need to break things down for smaller amounts where BTC is there for those spending hundreds of dollars at a time.
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Until i read this questions, I never really thought about it. I never treated Bitcoin like real money but I used it to buy and sell items. I would loose .1 BTC when gambling and not think twice about the fact that it was worth $40.00. Now that this question has been risen to me, I am thinking more clearly and not so willing to waste it.
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- increased capacity of txs/second
- reduced size of blockchain
I want to have my cake and eat it to! These are 2 conflicting requirements. Am I correct in stating that the size of the blockchain is what makes it so secure? If this is the case, why would someone want to reduce the size of it making the whole system more vulnerable to attach. |
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Great article, I particularly like this passage: Perhaps the financial industry will, in its infinite wisdom, build a blockchain killer app. I don’t rule it out. But it seems very strange to ignore the fact that one already exists, and has quite literally created $6 billion of value out of nothing. So I’m not particularly interested in most big-bank or corporate-consortium blockchain initiatives, or other applications that claim to be revolutionary because they use a particular data structure. http://techcrunch.com/2016/01/02/why-bitcoin-matters/I waiting those 24 bitcoin satellites to launch on earth orbit 2016. Bitcoin is future! Where can we read more about these satellites and what they are going to do? I am very interested in this for if these satellites are going to be thee for the purpose of processing BTC transactions, that would be great, but I have to raise the question as to who is funding them and who will maintain them. |
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I would personally like to learn how the coding and programming works. i see on here where there is a puzzle where you can earn some BTC if you can break the codes, but it all looks foreign to me and I do not understand any of it. Do I need general coding knowledge in order to be able to code with Bitcoin code?
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