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221  Bitcoin / Bitcoin Discussion / Re: Google Trends: a big rise in interest in bitcoin specially in Africa on: February 18, 2017, 03:25:15 AM
Bitcoin it spreads like an epidemic over the world.

Yes so let us share it to our friends, families and enemies.

People suddenly got interested in bitcoin because of the rise in price I think. I joined a Facebook group called "Bitcoin" and I see manny of the posts came from people from Africa and Middle East countries.
222  Bitcoin / Bitcoin Discussion / Re: Time to Face Reality in 2017 ... on: February 18, 2017, 02:54:56 AM
I do not think like this. Bitcoin will still be a digital currency in the future but it will have many legal rules to control and now bitcoin has got many big communities behind it. It's not easy to be dead.
That's right, In my opinion a bitcoin will still be there in the future with the great price.
and hopefully all the countries taking part to use it as a means of payment. I am very hope that.  Wink

Bitcoin is now slowly being accepted by countries like Philippines, Nigeria , Japan and others. Of course this acceptance will be followed by some legal conditions and policies so that illicit activities will not occur especially money laundering that will destroy the economic condition of a certain country. This rules and regulations including agency monitoring how bitcoin is used is a good sign that bitcoin is near the mainstream and those policies will protect us from scammers and hackers that are planning to take away our btc.

You are correct. I heard news this morning that some banks began accepting bitcoins. And no bitcoin will thrive in the future. It will thrive with digitalized fiat currency.
223  Bitcoin / Bitcoin Discussion / Re: Bitcoin For Flight Tickets? on: February 17, 2017, 12:03:27 PM
I've never been on a plane in my life.

Me too. I'm trying to build up good amounts of bitcoins so I might go to fly one someday.

Yeah I think It will be cool to be able to buy tickets with bitcoins directly even if I can just convert my bitcoins to $ to pay for the tickets hmmm well it will make the transaction more simple at least.
224  Bitcoin / Bitcoin Discussion / Re: I dream of a day BTC will be boring! [POLL] on: February 17, 2017, 06:00:09 AM
Hey in my own opinion, I don't think it will be boring. As long as I have good amounts of bitcoin and cool things to buy with it, I would never be bored. I also think the price would continue to rise so I'm holding up vast amounts of bitcoins so I can trade them for cash when the price is high!
225  Bitcoin / Bitcoin Discussion / Re: 1 in a million on: February 17, 2017, 05:54:45 AM
I first heard about bitcoin in 2014 and I regret not utilizing it that if I bought 21 btc at that time, I would have probably millions worth of bitcoins right now 😔
226  Other / Off-topic / Re: What are your favorite websites? on: February 16, 2017, 12:03:31 PM
My favorite websites are http://bandcamp.com and YouTube because I discover new content I like. I like music and short films. The music I prefer are entirely instrumentals because they motivate me when I listen to them while working. They even inspired me to create my own music at http://zimrmusic.bandcamp.com
227  Bitcoin / Bitcoin Discussion / Re: Looking to purchase my first bit coin, need advice on: February 16, 2017, 04:30:08 AM
You can also use http://coinbase.com to buy and sell bitcoins. That is what I use when I convert my bitcoins to cash and vice versa.
228  Bitcoin / Bitcoin Discussion / Re: China? on: February 16, 2017, 01:44:52 AM
No! No one controls bitcoin. It's just that China has high volume.
229  Bitcoin / Bitcoin Discussion / Re: How would you store >100 Bitcoins? on: February 16, 2017, 01:34:27 AM
There are no needs for going through all the troubles to store bitcoins in hardware wallets and paper wallets, all you need to do is to create a txt document generate 10 bitcoin addresses and paste each one with private key next to it in the txt file and then send 10 bitcoins to each address.
Finally make 3 copies and upload one to cloud storage, print one as a PDF (paper wallet) and save the last one in your hard drive just make sure to put the 2 online versions in a zip file with password.
If you think there is any convenient way then follow that way.
I made a physical wallet using an NFC chip which holds the Private Keys, it works great. Not sure about the read lifetime though, but since I never read it I think it would be good.

NFC chips are vulnerable to electric shocks(EMP) and remote theft(hijacking).
That is another way, but I'm not too sure that I will like the idea of my addresses and private keys in a cloud storage since; I always had the impression they are not very safe, besides you can be sure that even if you delete your files they are going to keep a copy of whatever you store it there, so even if the zip file is secured with a password I will not feel safe enough.


Encrypted with aes 256 should be enough to store in any cloud without worry, it's still military grade encryption standard in today's world and the best way to avoid being hacked is not to become a target in the first place....

#1 DON'T  TELL ANYONE YOU OWN 100'S OF BITCOINS


You are correct but if at some point aes 256 is broken, most likely with the invention of quantum computers, then the only thing an attacker will need is to have access to the file, this is why we must not let any sensible information in cloud storage.

I like the idea of making a list of wallet addresses and their private keys. Instead of storing it on a device that has access to internet, I would just print the list and store it in my safe. I would then back the text file on an offline computer.
230  Economy / Economics / Re: Do You Think Bitcoin Will Replace Dollar Soon? on: February 15, 2017, 01:35:53 PM
My theory is, USD in the future will go digital just like bitcoin but bitcoin will not replace USD, it will just thrive alongside with it. More stores will accept bitcoin payments though and credit cards will disappear. Bio chips would be used in place of credit cards. I think the government would accept bitcoin then.
231  Bitcoin / Bitcoin Discussion / Re: OpenBazaar now with TOR support, what do you think? on: February 15, 2017, 12:04:52 PM
Tor does not provide 100% anonymity. If you use Tor servers for 3 months, you are 50% likely to be identified.
In addition, browser leaks can be used if your credentials are detected.

You need to be careful while using Tor.


Yes it's not 100% anonymous but you can be much safer when no background windows services are running. I use tor on Linux so that I'm certain that no background processes are running. Windows has lots of background services running.
232  Bitcoin / Bitcoin Discussion / Re: How did you first hear about bitcoin? on: February 14, 2017, 10:40:22 AM
I first heard about bitcoins during college when I met my friends. They are using a site called "Silk Road". It's an online store for buying cannabis and other drugs. They use bitcoin as their currency. I haven't purchased anything from it though. Only my friends tried it. I only buy cannabis from them with $. That site was popular back in the day until it was taken down by the FBI with the cooperation of the police. That is how I learned about bitcoin. I didn't really use bitcoin until I saw a bitcoin faucet online. I then tried the faucet and I got happy because I received Bitcoins! Now I'm growing my bitcoin through lending.
233  Local / Others (Pilipinas) / Re: Kaya Pa Bang Kumita Ng Maganda Sa Pinas? on: February 12, 2017, 04:38:11 AM
OK nam an basta ma diskarte kalang. Nag tayo lame ng kainan. Nag luluto kame ng masarap na ulam na bihira lang dito. Kumukuha kame ng recipe sa internet. Iyon nag click yung business kumikita ng 5 k buwan buwan. Dumadame  kumakain dito araw araw. Pati nga aso eh nakiki kain
234  Bitcoin / Bitcoin Discussion / Re: What do you think are the biggest disadvantages of Bitcoin? on: February 12, 2017, 04:30:46 AM
In my opinion, the biggest disadvantage of bitcoin is that a payment can't be reversed once it is sent so you have to triple check the address to be sure it is correct.
235  Bitcoin / Bitcoin Discussion / Re: What is the best source of bitcoin nowadays? on: February 12, 2017, 04:27:27 AM
Hey my friend earns bitcoin through freelance work. She's very good a Photoshop. That is her big source of bitcoin. She lends her bitcoins too for interest.

I think doing freelance online work is a good source of bitcoin. So I am honing my skills so I freelance very well.
236  Bitcoin / Bitcoin Discussion / Re: Easiest way to convert money into BTC? on: February 11, 2017, 06:59:26 AM
Try http://coinbase.com It's currently the easiest way to convert Bitcoins to cash and vice versa. They also have partnered with PayPal so I can sell Bitcoins for PayPal balance. I find it very useful as I often use PayPal to shop computer parts online.
237  Bitcoin / Bitcoin Discussion / Re: How would you store >100 Bitcoins? on: February 11, 2017, 06:56:46 AM
You should split them into multiple trusted bitcoin wallets. I use Xapo, Coinbase and Blockchain. I do this so that hackers would not be able to steal all of my Bitcoins incase a security breach happened. Most wallets have cold storage options and I make use of that feature.
238  Economy / Economics / Re: If you were in desperate need for money.... on: February 11, 2017, 06:50:46 AM
I have expensive watches on my drawers. I will sell them in case of emergency.
239  Bitcoin / Bitcoin Discussion / Re: Should governments allow people to pay their taxes in Bitcoin BTC? on: February 11, 2017, 12:48:36 AM
Absolutely not as I'm definitely against taxes and the reason I use Bitcoins is to avoid tax as much as possible. I am planning to move to a tax-free country like Switzerland when I accumulated enough funds.
240  Local / Others (Pilipinas) / Re: [helping thread]Tanong mo sagot ko on: February 10, 2017, 03:33:50 PM
Di ba delekado I exchange ang Bitcoins para sa paypal balance? May nakita ako buyer ng btc sa localbitcoins na e exchange ng btc to PayPal balance. Trusted naman pero hindi ko alam Kay paypal
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