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Has anybody here tried to pay anything in GBYTE in Milan? I see there are plenty of merchants accepting GBYTE for products and services and it would be nice if somebody here could make a review! I'd go if I could
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I like how states are trying to lower the bar when it comes to making it easier for people to pay their due taxes. It's a fact that people are more likely to use 0.1 BTC to pay their taxes with, than like $800 of their own money, which is all psychology. People are too focused on fiat and thus this is actually be a very smart move. It's all the same in value terms, but it doesn't feel as bad as when they use their own money. In the same way that plays an important role when it comes to trading and gambling -- people don't realize how much they are risking because of their mindset. Governments exploiting that is smart, very smart.  I learned the bold highlighted part the hard way when trading in the past. But that's off topic I guess. In Europe, actually in Switzerland andin in Zug precisely, there has been one of the first attempts of the case where the municipality of Chiasso in Switzerland started accepting tax payments in bitcoin (if I recall it correctly one could pay up to 250CHF equivalent). I personally have mixed feelings about crypto taxes I would rather keep for myself. |
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I love you Bart  I don't quite like him/it (as in the trading pattern). I hate this trading manipulation in simple plain sight and I suppose when there's no need to hide it somehow we are entering in a very dangerous territory. Or maybe it's Monday and I am on the Dark Side of The Moon.  |
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Just realized why you all want a Lamborghini.
Ferrari is owned by Fiat
Nice meme I didn't get it. What the heck is wrong with having a Ferrari and being a bitcoiner. Are you joking with Fiat as in fiat money? Explain I'm curious Fiat as Fiat spa, company that own Ferrari:) Less funny when explained lol I see. You must be Italian then. Well yes, both are not Italian owned companies anymore: FCA (dutch-english based from crap US corporate shit) and VW (germany) own Ferrari and Lamborghini respectively. Now I think I get it: you italians hate Fiat.  but you still buy them |
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Thanks for your valuable insights! I was using HitBTC as my main altcoin exchange so far but I will be more cautious after reading all these threads and the complaints which are in there. We can never trust any exchange. Fullstop |
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Just realized why you all want a Lamborghini.
Ferrari is owned by Fiat
Nice meme I didn't get it. What the heck is wrong with having a Ferrari and being a bitcoiner. Are you joking with Fiat as in fiat money? Explain I'm curious |
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The govt may not be considering Bitcoin, or it may be, I have a feeling the state crypto talk is a bit of a smokescreen. There's been a good, longstanding underground movement for Bitcoin in Iran for quite a long while - and Telegram is still very active there as is the bots used on that app. We've also got solid devs like Amir Taaki who've been doing his cypherpunkery and Bitcoin advocacy there for many years.
Necessity, desperation, tough times. The mothers of invention.
When one is confronted with no much choice what can be done? As you said is a matter of necessity and desperation sometimes. I think the world is full of these underground movements for Bitcoin, and that is good. We need more of that actually but we need people genuinely interested in knowing about bitcoin's tech |
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Cool little idea. I certainly would not be placing all my eggs in that particular basket for one's end of days plans. We still don't know how long crypto's legs are. There might be some epic implosions just before it's time to put your feet up, or several in the meantime.
I'd rather keep my bitcoins now considering how much I paid for them. I also studied the protocol and made a big bet with my career, so far so good. I'm playing my cards in this very difficult battle |
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They say sell in May and go away. I bought (quite a lot) and I am here to stay: always the sum I am not afraid to lose. We will see how this unfolds: still bullish
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So...where are we on the chart with the Swamp of Despair and such? I want to see that we're past the worst at least  Yes. We could go to $1 now and it would still be bullish. As long as the protocol is working its bullish I would add that if the protocol is being advanced every single day that's bullish as well. Price not always reflects the value. I'm accumulating, therefore I love to buy cheap while knowing that what I'm putting my money in is rock solid |
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The growth of bitcoin "mining" activity could send the cryptocurrency's price as high as $64,000, investment research firm Fundstrat said Thursday. Bitcoin is created through an energy-intensive process known as mining, in which computers receive the cryptocurrency as reward for solving complex mathematical equations. Processing power to guess the solution is known as "hash power," which Fundstrat predicts will grow 350 percent through 2019. Read more https://www.cnbc.com/2018/05/10/bitcoin-could-soar-as-high-as-64000-next-year-fundstrat-predicts.html |
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Bitcoin should count for more than 30% and certainly not being compared to Ethereum. Come on, from a security level there's no comparison between ETH and BTC.
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Polk is a professional poker player (a good one) and thus is likely to play averages for a leveraged payoff. Prop bets are not typically conservative moves. That is what he is doing. He is on the leveraged side of the bet. If we wins, it is win/win since he is gaining on his BTC stack and also winning the 10k bet. And he does not think he is going to lose, obviously. But if he does he loses value and 10k. Vays is a trader. He is playing the hedge side of the bet. In a manner of speaking he cannot really lose (depending on this BTC position). If BTC goes up he pays Doug off with a portion of his increase. If BTC goes down he loses value as well, but makes 10k. The risk taker Poker pro vs. the hedge bet from the pro trader. Kind of a natural match. The bet should have been settled in Bitcoin not dollars. This way is no fun for the reasons you have perfectly explained. Their game, their rules but it would have been far better to have it finished with a bitcoin transaction. No need to say which side I'm on |
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thumbs up for tradetheodds developers! It would be awesome if you finish by the time the FIFA 2018 World Cup will start. It looks very professional at a first glance. Byteball never annoys us
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My note: feels so good to be reckless  You're running a full bitcoin node, know Linux and have decent command line skills. Okay? Cool, go ahead and spin up a Docker instance. If that sounds intimidating, you're not alone. But as recently as January, using the lightning network, a layer-two technology for scaling bitcoin, on "mainnet" - ie, with real money - called for these rarified levels of technical expertise. Not to mention a strong stomach - bugs lurked in early implementations, threatening to part users from their funds (early adopters boasted of their prowess with the slogan #reckless). Read more https://www.coindesk.com/bitcoin-lightning-payments-slowly-becoming-less-reckless/ |
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Monero with its opaque blockchain. You don't know who stealth mined in huge quantities and you trust that there isnt an exploit or bug allowing someone to mint any quantity of XMR they like. You don't have a richlist. You can't analyise the blockchain at all, You assume its all good. Yay. Monero. Its name even means something in esperanto. And it has a wallet now
Yes, it's a privacy coin that's actually private, unlike DASH - the Bcash of privacy coins. Bcash is the new Dash! you're a genius man! By the way, Darkcoin had balls (brand was good) but Dash is the f+++ing name of washing powder brand!!!  |
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I will say my enthusiasm for the Circle deal was somewhat dampened when I figured out you could not (yet?) deposit and withdraw. But I am hoping that is on the roadmap... have heard rumors it is.
Otherwise what's the point of that addition! I don't like when things are announced but the actual product is not on the way. Sounds fishy in terms of price speculation before an inevitable...boom Product is there. You deposit USD and then you can buy Bitcoin, Litecoin, ETH, ETC, ZCAsh, Bitcoin Cash and Monero. But you cant then withdraw coins but only you can sell them and withdraw USD after you earned on crypto bull run. That is what Circle is offering. This is sort of not a crypto economy that Satoshi had in mind, but I guess it is inevitable that banks will invent all kinds of things to earn on crypto but still not let it be fully decentralized. All centralized exchanges are sort of same, just one step further. Eventually both will extinct. Thanks for clarifying. In any case, whatever one wants to put it if one cannot buy, sell and hold those coins I see really no point in using Circle. I can do that differently without having to rely on a third party |
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