nobody expected this great value that has taken bitcoin, is still far from that could change everything surely time will tell, has some things to improve.
as in the future it is legal since many people are using it

Apart from reducing employment can also be a good opportunity to generate extra money, without having to leave your current job and if you have some money you can invest.

if you have bitcoin, it would be best to keep them since lately there were many ups and downs with the price due to the problem with China.
everything depends on you if you want to buy now and sell them the first months of next year

I do not think it will increase forever, we will surely have to wait a long time for it to stabilize and agree to legalize it and become a common currency.
we will have to be alert to the ups and downs of its value

I think it's never too late to buy bitcoin considering these last two months, as its value has gone up and down there is no one to guarantee that its value will continue to rise.
everything depends on your desire to invest

You really don't understand the principals behind speculation one damn bit do you? Reading your posts is like watching a seven year old try and deliver a college lecture...its terribly cute and funny, but part of you still wants to kill the person that let you stand at the podium.

@barabbas

The whole 'freedom is freedom' thing is kinda stupid here bud. We're human beings. We can do whatever we want, whenever we want, wherever we want. We are literally the embodiment of freedom. But what you are aiming at is some higher power preserving your right to do what you alone want.

Freedom isn't there to protect just you. It's not your personal plaything. That overly used 'muh freedumz' meme came about cause of that mentality.

You are free to take whatever actions you want. But actions have consequences. When those consequences aren't to your liking you can't just say 'muh freedumz' and make yourself in the right.

I threw traditional TA out the window on precisely my third day of my involvement with altcoins.

The folks that manipulate the markets around the altcoin scene are kind of like bulls in a china shop. There is no subtlety, no variation, and a level of predictability that is only slightly less than that of the tides. It's less a matter of TA, and more a matter of following the trail of manure.

That being said, Vericoin will be going up again in the not too distant future. Perhaps the most amusing aspect of it is now you understand the irony of me calling that prediction 'bullshit'.

 

That's kinda my point. Smoothie is more or less fabricating a 'cause for concern' that isn't really worth anyone's concern. 

Your argument is pretty flimsy there mate. I know plenty of merchants, business owners of various sizes, and while none of them obviously enjoy it, it is a potential cost of doing business, and they will be the first to tell you that. There are also laws on the books which allow them to mitigate losses suffered in those instances, and I don't think it far fetched to believe that those same laws could/will be extended to cover crypto transactions as it becomes more mainstream. If you as a 'merchant' only accept crypto, then I imagine your actual scope of understanding regarding this topic is at the very best, virtually non-existent.

The bottom line is that there is, and will always be, some chance of fraud when doing business, because we do not live in a perfect world. However people like you are here making the implication that this is not the case, when anyone who has ever owned  business knows it is completely and totally unavoidable.

Even if there was the chance of a potential rollback again in the future (and the odds of that are slim, lets be blunt it is being blown insanely out or proportion for an event that happened once), it still makes a Vericoin transaction statistically far safer by several orders of magnitude than other forms of transactions that they already accept, and like any other crypto, they already stand to save a fair bit in transaction fees by accepting it.

Comparatively speaking, this entire ordeal isn't even a blip on the radar of daily fraudulent activities, yet a handful of people here are treating it as if it were some kind of ultra high risk transaction when we all know it's not. At this point in time, I really have decided that such people are one of three things, intentionally FUDing the coin, completely out of touch with reality, or just plain stupid. I am positive you fall into one of these three categories, now we just need to find out which one...

Chargeback. More commonly known to those outside the industry as a 'dispute'. Credit cards are weighted in the consumers' favor by a substantial margin, and having a transaction reversed is pretty commonplace.

Selling goods or services for an agreed amount and then having the transaction reversed is pretty much a standard cost of business for any merchant, and occurs far more often than a rollback.

Hell, more counterfeit currency is accepted daily than the total dollar amount of the transactions effected by the rollback.

In other words, why should a merchant be afraid of a loss in a transaction when they already assume far greater risk of loss every day?

Please explain to me how this is different from the risk every credit card accepting merchant faces every day.

Well, we're pretty well past this entire ordeal and the price is still holding north of 30k satoshi, despite three days of people predicting Vericoin's demise.

I really don't think it takes a doctorate in psychology to realize that the people still posting the "Vericoin is dead" crap in this thread have an ulterior motive.

Gox "lost" a substantial amount, but from everything that I've seen, no one can really pinpoint when precisely they were lost, or if they were already absorbed into the market. It's was (and I guess one could hypothesize is) a slight shadow looming in the background. But it is still a far cry from the threat a sudden singularly identifiable theft of 30% of the Bitcoin in existence would pose.

Who says it has to be all in one place?

I guess I should be more to the point:

We get a lot of commentary around here from people who may or may not have skin in the game, or an alternate agenda regarding the fate of VRC or it's price in the future. It's easy to hang your hat on principles when you aren't the one who has to pay the piper, or better yet, be getting paid.

As a general rule, just about everyone around here has some skin in the game when it comes to Bitcoin. Since the sudden theft of 4 million Bitcoin would almost surely be a lethal blow to Bitcoin (and quite possibly to the very principles of cryptocurrency at the same time), I would love to see what song the people around here sing in the face of such an event.

I bet it would be vastly different for quite a few people in this thread.

Truth be told, I just wanna see some hacker steal 4+ million Bitcoins, just to see how Bitcoin would react.

Then we could end this silly "right or wrong" debate once and for all.

I would beg to differ. An individual that takes heavily weighted needless risks is at best stupid, at worst reckless. I would also echo kleineaap in saying I think we have also determined your primary malfunction

And I do not simply buy them because I stringently follow a specific plan, set well in advance, regarding any investments I make. They do get minor tweaks from time to time, but only when it is warranted.

That is how I, how did you put it, 'became rich and got my mansion' well before Bitcoin was even a twinkle in Satoshi's eye.

But anyhow, I think I have unfortunately contributed far to much to the spamming of pointless crap in this thread than I really probably should have in the first place. My comments from yesterday still stand regarding the decision the developers made, and while I may be inclined to further participate in constructive discussion, I think I have to abandon responding to the religious zealotry manifesting itself in the thread for a bit.

So...

All of this raving idiocy is coming from a self proclaimed idiot. All of a sudden, this whole thread just made absolutely perfect, crystal clear sense.

Hot damn, I love the internet.

Shortened for the poor folks who hate wading through all that copied text.

Well, your figures are off. Technically individual consumers loose very little providing they haven't made grievous security errors with regards to standard user agreement procedures. Most 'loss' is eaten by the government, if in fact anyone really 'eats' it. The reality is it is more absorbed than eaten, slight difference to the casual observer, substantial difference to the market.

And while you and people you know may not use credit cards, one quick glance and Visa or MasterCard's daily transaction volume is pretty much proof positive that you and your opinion, by a margin almost too silly to describe, are the minority.

By your logic, then credit cards are the preferred tool of fraudsters worldwide. Ironically, it's not too far from the truth. Good thing no one trusts credit cards, amiright?

Do you even think about what you type before you type it, or are you having a seizure in close proximity to your PC and this is just the result?