I recently paid for some local tacos using Bitcoin. My friend who was unfamilar with Bitcoin thought it was strange, like I technically didn't pay for them or something. We got into discussing Bitcoin and one of the questions he asked me was:
"Why would you want Bitcoins instead of cash?". For a second I didn't know what to say; then I thought about it and here is what I came up with. Feel free to contribute to this.
1) More security (especially if you are careful).
2) Bitcoins are a potential investment, cash is not. Paper currency only really goes down in value, Bitcoins have a lot of potential to be worth more as time goes on.
3) Fast, worldwide transactions at your fingertips.
4) Similar to #3, but it's a universal currency. It's legal in most countries of the world and you don't need any kind of currency conversion to send money to people in a different country than your own.
i totally agree with # 1, 3 and 4. especially 3 and 4. it is the best way to transfer money between countries , and in long distances. especially since it is so much faster than any other way and also you should pay the lowest fees in order to do it. but if you are looking for reasons on "why choose bitcoin over cash" number 2 is not a very good argument. because while bitcoin has potential of going up in value (as we can see right now in the market), it is also very volatile which means it can go down the same way it went up. and this IMO makes it not a suitable substitute for cash. |
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i have heard about banks talking about blockchain technology and using it for their own, but this is very interesting that this financial banking group is actually doing this.
but from what i understood from the article, the technology is just going to create a copy of bitcoin (like an altcoin) and only be used by the bank, since they say the intention is just to move money fast overseas and i think it is only going to be used by the bank. so it is not going to be anything like bitcoin. it looks like they are just trying to make their banking system more efficient.
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So i have been doing manual fees since the network could go on stress test at anytime so before sending i make sure too look at the volume in transactions to see if i pay a little more to get confirmations faster.
nowadays sending bitcoin fast (getting confirmation faster) is becomming a competitive scene. which means if you want your transaction to go through faster and gets confirmed you have to include even more fee (more than what is the standard amount of fee) in other words you have to "bribe" miners in order to include your transaction in the block! a part of this is because of these stupid stress tests, i find the test interesting at first and i though the results would be useful but it is getting really annoying and it is hurting bitcoin more than helping it. |
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there were many Chinese investors who took loans to invest in their stock market for the profit which is extremely risky. and last month when the stocks first started to fall , many of those investors had to quickly sell their investments to pay back the loans. as the result , this fueled an even bigger drop in stock prices.
since China is still a major Bitcoin player. I think we are going to see big moves by them in the near future. and if this happens, it is going to fuel the bitcoin market even more than what Greece is doing now.
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i have seen some adult website and also some cam girls advertise their services int the Services section. other than that if you want to advertise out of the forum, i think you can do that on PTC sites like btcclicks.com which is bitcoin related too, or other advertisement services like adbit.co (not sure if they accept adult content). but i think you can get better results if you advertise your adult service on an actual "adult forum". i'm not going to post any names but you can search for them and find the best that suits your needs. you might need to explain more about bitcoin and benefits out of here though. |
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been reading some pages from the beginning  ~~~~~~~  No cap....plus I get access to Netflix super hd programming.
Here some more facts....love google fiber.
With a gig, you can:
Stream—without buffering—at least 5 high-definition videos (1080p) at the same time and still have enough bandwidth to email and surf the web.
Transfer data over the Internet faster than you can write data to a thumb drive.
Download data as fast as many computers can save the data to a hard drive.
Download an entire digital movie (14 GB) in a little under 2 minutes.
~~~~~~~~~
ok, now i am depressed . i think i am going to stop using internet for a month. i am embarrassed to even open speedtest.net  |
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Bitcoin is irreversible -- that's one thing I like. On the other hand, I also like how it can be accessible everywhere just using your smartphone. Although gaypal has the same option, bitcoin on the other hand has more value and as i said, irreversible. The technology behind bitcoin is also unique and good. Very secured too.
this feature of bitcoin is actually both a good and a bad thing. i love the fact that bitcoin transactions is not reversible and when you send bitcoin to someone there is nothing you can do about it anymore, this eliminates a lot of scamming which we can see happening with paypal. but the bad part is that when you send bitcoin like for buying something you have to trust the receiver or else you have lost your bitcoin with no way to take it back. they should ban cash too, because it can be used for drug, and their currency is not free from this, basically many other thing can be used for buying drug, they are using this excuse only to throw more fud at bitcoin , as usual
people are already using cash, so it doesn't matter , you don't need to convince people if fiat is good or bad. but it is different about bitcoin. when (if) media is advertising bitcoin as being associated with criminal activity like they do with some news, then new adopters might get scared and stay away. |
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Invalid to address is probably because you are typing something wrong.
post the bitcoin address that you want to sent to.
the second part might be because you imported a private key in your wallet.
did you import any new address / private key in your wallet?
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i think it is time that developers do something about this issue, it is getting more and more annoying . the number of people being affected by this alleged stress testing is growing everyday.
i am not sure that bigger block sizes can be the solution to this problem, but something definitely needs to be done, and it needs to be done fast.
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It's funny looking at the first comments in this thread. We've already seen 280, we have 20+ days to surpass those 20 remaining dollars for 300. It's obvious people isn't objective anymore about the price and went on the depressive mode instead of the realistic one.
last month because of the quite market and all the negative trolls nobody even thought of the price going to $300 but after the Greece news and reversal of the market it is a strong possibility. I think after a small pull back we can see a runup at the end of the week and we may even see $300 by the end of next week. |
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Are you sure we will see $1200 level this month???
I have a friend who wants to sell his coins but waiting for $300 level, should he wait or should he sell all his coins???
What did he pay for them? If it's a quick flip and he's not too bothered about the future then why not? If he paid more and just wants to get out, might as well sit it out and see where it heads. It might be starting to warm up. He didn't purchase those coins, he got them gambling at some dice sites, and got a 0.75 BTC tip at luckyb.it (not advertising, just letting everyone know) recently, so he was asking whether he should wait or just sell them at current prices... If ppl are saying that he should wait till next year for $300, then why the OP is claiming for BTC to be at 1200-1300 level this month??? i think it is best to keep your bitcoin as long as you can. especially if you don't need the money or it is a small amount and doesn't change anything. now that the price is rising and continuing this way, and since there is a block halving on the way next year, all these can be good points to make you keep your coins. |
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ahh you know why? because you can't buy anything with dogecoin, their creators left the community and there is simply no demand and usage, except pump and dump scenarios..
i see a lot of places that you can spend dogecoin. some of the things that you can buy with dogecoin: - Gift Cards
- Jewelry, Accessories & Apparel
- Coffee Mugs, Office supplies & Cell phone cases
- Food/Health
- Music
- Games
- Collectibles(comics)
- Art
- Hardware & Software
- Web Design, Development, Hosting services
- Toys
- Movies
- Sports & Equipment
- Books
- Stickers
- Services
- Physical Dogecoins
- E-cigs, Glass pipes and Vapor products
- Offline Wallets
- Charities
- ....
i personally have only used Doge for doing giveaways, buying games and donating to charity. more info: http://www.dogecoins.com/spend.phphttps://www.reddit.com/r/dogecoin/wiki/shop_with_dogecoindoesn't matter how long you list is, you can buy all stuff mentioned above with bitcoin. I enjoyed initial hype, strong community, cool leaders (Palmer, Doernberg..) and charity projects..but for last couple of months, there is nothing new (if something except meme pictures with shiba inu, let me know..) and dogecoin just stuck somehow as many similar projects.. i totally agree, i didn't want to advertise anything about Dogecoin. i just wanted to say that there are many things that can be bought with it. i haven't even check the links to see how of them are working or legit. it is a dead coin with nothing new as far as i am concerned. nowadays it has a price rise but after the litecoin hype ends , Doge will start going down again. Doge is just a meme and i only enjoy the community that is all. |
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Next target $6?
because of the litecoin block halving and also the bitcoin price rising now, i can see much more than $6 for litecoin in the near future. |
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Whats the point of having so much rolls? That is not guarantee you will win a lot from that high roll small bet. You will can sustain more losses but it is just wasting time if you can't get profit from it
I have no idea why people set up bots to run so many rolls in a row without actually doing anything, but that doesn't change the fact that people do it. It is much easier to get to 1 million rolls, and therefore have a 38% chance of losing 20 in a row and losing everything on a dice site with a bot than it would be at a roulette table if you had the bankroll and a casino willing to set up limits allowing you to use a martingale system where it takes 20 bets in a row to go broke. Actually I didnt get what are you saying. The point is to make 1 million rolls without getting any profit is such a waste here. Although you make 1 million rolls and have 38% chance of losing it is pretty bad. Why not get a low rolls but get huge profit that seems more reliable and more efficient of your time too i think he means the fact that many people run a bot (the site's bot or any external bot) and leave it to bet for hours. what is the point of that! i have the same feeling too, this is gambling and the fun is when you do the rolls and win or lose on your bets. i don't get the reason what is the fun when you leave a tab open to bet for you for hours. it is more like mining bitcoin rather than playing a gambling game. |
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the most usage that i have gotten out of bitcoin is using it in trading, so i guess i can say i bought a lot of altcoins with my bitcoin  i also do a lot of gambling , so i spend some considerable amount of bitcoin on different gambling games every week. recently because of the price rise i try to keep my coins for the future when the price is higher. also i found this place yesterday that sells games and cards for bitcoin/ dogecoin/ litecoin : https://www.keys4coins.com/have not tested them so i can not comment on their service though. |
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your best option is finding some trusted user on this forum who does this exchange and then sell your bitcoin to him.
since paypal is reversible and bitcoin is not, you have to be extra careful who or what service you put your trust in, if you don't wanna lose your money.
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who is going to ban / or not recognize these kinds of transactions? miners?
the thing is, they are more than happy to receive these kinds of transaction since there is a lot of fees involved and that means more income for the miners.
i don't see any reason why they should stop receiving these transactions.
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The way that I would use to grow my bitcoin is buy clams, deposit them on just-dice.com and stake your clams for a year. After a year come back and transfer ur clams to bitcoins.
Why are you so sure that clams price will have chance to rise? I guess clam volume trading can't compete with ltc or dash, without a good volume I dont think people will start to adopt this coin. What I do know is clams mostly use by gambler only for gambling and only few people trading clam so clam is still far more to catch up with these coins i think he is talking about Proof-Of-Working-Stake not the price rising after a year. but what you said is a concern . because after a year the price of clamcoin can be drastically decreased so no matter how much more clams you have, you have lost money because of the price. but it is only if the price goes down. |
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It's anonymous. But the problem is for example someone try to purchase drugs using bitcoin. This become a new era of transaction without being notice.
Why is buying drugs a problem? I think that's one of its benefits. If people want to buy drugs let them. The law should go after real criminals not criminals they themselves have created from their draconian policies. it is both a benefit and a problem at the same time! it is true that you can anonymously buy drugs and other illegal substances with bitcoin, and stay away from the law and getting caught. but at the same time this is an illegal activity that is being done by bitcoin, after a while if this grows, bitcoin will be advertised by the media as money for criminals. this is bad and will cause many people to stay away from bitcoin as a result. even countries might ban using bitcoin because of it. |
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