amishmanish 51


I hope I can still post this. Winning a real coin would be fun.

PEARLS BEFORE SWINES: 

This was so cool. I don't have any place around that would accept BTC for a Pizza. Yet, I am a proud Pizza-bitcoiner now having bought it for you. It felt awesome. Was so much better than filling out the CC info, Name, Address, waiting for an OTP. Thanks for the opportunity..

Maybe bitcoiners should start a tradition of buying stuff for each other with on festivals and celebrations. With Bitcoin of course.

I have a pact with a friend of mine and we contribute to buy stuff for each other on birthdays. Stuff that you wouldn't buy by yourself because they feel like an unnecessary expense. For example, I love DC comics but they cost like 3000 INR for a hardcover (Injustice-Full Vol). So she bought it for me on my birthday. She had her eyes on some costly "Friends" sitcom memorabilia but it felt too much of a waste to buy it herself, so I gifted that.  Its a neat way for us to stay in touch with those old habits as we grow up and leave the little things behind. I hope this thread and our exchange gives the good people reading this some ideas.

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EDIT: A Million Satoshi received!!

Hello Pinoyden and Kasemin. (And others who want to parrot them to increase their post count).

22 May is the day when 2 Pizzas were bought for 10K BTC. This is almost 85 Milllion USD today. If it was not for people like laszlo, bitcoin would never be where it is today.
Laszlo was the guy who first tried mining with a GPU. Do you realize the kind of work he would have put into it? Sure he was an experienced programmer but realize that people like him took it upon themselves to work on this technology (without the greed for reward) and make it popular. This is what enables millions like you & me today, to "earn a little".

Nothing is perfect but in this cherished past, there was a passion, honesty, hardwork and earnestness behind these actions. Something which is impossible to come by, now that money is involved. People remember that and want to celebrate that. This is as important a day as any can be.

So, for a moment, please leave this pettiness behind. Stop trying to evoke sympathy by self-pitying or begging and for heaven's sake, just for once, be glad and thankful you are here. Happy Bitcoin Pizza Day! Spend what you can.

So our time-zones are making delaying the celebrations a bit.. Waiting for some inputs. It remains to be seen what hurdles my country's "awesome" currency laws are going to throw up.
By the way, the site i found even accepts BTC. How cool is that? I am sure i'll have a last resort to do this..

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Edited for the re-phrasing

Thank you for your professional and fun management Lauda. It was rewarding to be part of the campaign. Wish you success in all endeavors!

Hello BoXXOB. I am applying for the Sr. Member slot:

Username: amishmanish
Rank: Senior Member
Current number of posts: 602
Bitcoin Address: 32B3XPrxaLxMSsBATTKvj7u9cgF1imctUU


Will apply the avatar by 13:00 GMT. Have only restricted access at present..
Thanks

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Avatar Updated![/s]

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Gonna apply for Vivid campaign by Lauda. So withdrawing application here. Thank You!

Quoting:


Glad that got resolved. Thanks to this LOL moment..

Isn't bitcoin more of a Silicon Valley darling. Why not have the conference at the West coast rather than New York. Maybe when the conferences move to SV, we can take them more seriously than the underwhelming gathering that Consensus turned out to be.

And it does look like that the Blockchain buzzword is being thrown around to discredit bitcoin. There is a simultaneous push on BCash with Roger Ver getting airtime at CNBC (Posiibly orchestrated). Frankly, Pushing BCash as the 'real bitcoin' makes bitcoin look like a joke. The way Roger repeats the same one-liners in every one of his interviews and keeps saying "Bitcoin Cash" with the longish "shhhh", it makes the 'real bitcoin' look like a joke.

Can't help but think that these are all concerted.

This is not a move where both will benefit. USA has the trade deficit while China has the trade surplus. China has agreed to reduce the trade deficit by buying more "Agricultural goods" from America. In return it avoids the trade barriers that were being threatened. These trade barriers were supposed to discourage the manufacturing of High technology products in China by American companies.

An interesting aspect of American companies taking the advantage of cheap manufacturing in China is that the Chinese insist on obtaining the Know-how of manufacturing. Essentially they get to piggyback on the technological improvements and design made by the Americans. in return, Americans get to sell more wheat to them.
How is this supposed to be a good deal?? China will never leave its agenda of world domination. It prepares an army of zombie workers fed on state propaganda, all the while ensuring that it can use reverse engineered technology to advance their own research by many more years. Like i said, the Chinese act like a single, focussed, selfish man. They are very good at doing and saying whatever is necessary for the moment.

Earn.com has a lot of users who will be doing a lot of small value transactions. Coinbase is the exchange of choice for lot of Americans and people in the west. That means a lot of micropayments. How do they plan to process all those transactions?

The only thing this can mean is that coinbase is looking to implement Lightning Network and be one of the large nodes. The freelancing community on earn.com is already a big userbase of bitcoin users. If this were to really happen, I think this'll be a strong push for LN adoption. Bitcoin will have to traverse the regulated territory as well as the privacy-loving user territory. Pretty sure it can manage both.

They are not only surviving but continue to thrive. Zebpay has been adding cryptocurrency pairs continuously for the last few days. They have also enabled BTC trading so that is keeping the boat afloat for now. Apart from the exchanges, the blockchain startups are migrating to favorable shores.

This is a technology that India could really take advantage of with its vast population with software literacy but the government is showing a lack of foresight. Now the SC hearing has been postponed which means there may come a situation when the deadline is over and all kind of INR transactions will be blocked. It'll be interesting to see if the big players may use this opportunity to consolidate.

Certain degree of regulation is now inevitable whether we want it or not. It is difficult to expect something sensible from the Indian government and the status-quoist bureaucracy. These are the license Raj people and I am sure they are busy instituting the various licenses you will need and the bodies to which you have to go for clearances while going into crypto.

The important point is bringing regulation does not hinder Bitcoin's decentralization. There are ways to secure your wallet anonymously even if the government doesn't want you to. Though not many people will dare to do it just for the ideals. Even with regulation and KYC, bitcoin can still remain a worthy piece of value storage and transfer. Its legitimacy is global and it'll find a way as long as eve one country is supporting it. From the looks of it, quite a few countries are positive on it.

This is very tricky issue. When money is involved (and huge amounts of it), an open-source code needs to be perfect, but is there a metric to judge how much a code has been peer-reviewed or what percentage of web developers choose to declare it as "trustworthy"?
Understanding commented code to see what it does is one thing(to be your own bank) but not all of us are technically adept enough to be able to find bugs in thousands of lines of code. We take the security and sanctity of code for bitcoin for granted because of the huge community and the history behind it.

This is why any serious investor would realize that all of the thousands of alt-coins can never be trusted to take bitcoin's place. There are so many parts to the network including the peers, code, mining hardware etc., all of which can be manipulated in some way but are proven to be trustworthy enough with bitcoin.

ME ME! Looks like I am the first one who gets to try this..

Never done this before but I would love to try and order an international pizza. PM me your address.

You are right. There has been a lot of talk about Blockchain buzzword and not enough action on removing the regulations on BTC trading. Indian government and society to doesn't seem ready for libertarian and privacy related aspects of Bitcoin. The present government has the chauvinistic and all controlling viewpoint where they want to account for everything.

In such a case, it really is hard to believe that they will be okay with the ability of people to transact using a decentralized currency. What kind of fears this would evoke in the presently under-staffed and unimaginative Ministry of Finance us also uncertain? If Venezuela goes ahead with its deal to sell oil for crypto and if it materializes, then we may have some way forward..

I can attempt to but it didn't download. Maybe you could send it by mail. PM me if you are willing to send by mail.

This is exciting to know. The problem with all decentralized exchanges is of course the initial funding. It looks like BISQ works by directly connecting peers. One of them may have some BTC/ crypto and other has some cash. That cash can be sent over using any of the methods they listed and a transfer of crypto can follow.

The idea for using a stablecoin instead of a BTC trade is good. What I would be interested in knowing is at any given time, how much of a premium in terms of fees etc. do you have to pay to these intermediate services? This would be of interest to smaller investors who are looking to ensure anonymity in comparison with directly buying from a centralized exchange (that needs KYC).

Sorry but I haven't ever heard of Bitindia before. You must be pretty well known if you are already rebranding for an international launch. It would be great if you can include a few links to the existing community where your operations first started.

Something like an active Announcement thread or a forum of people using your services. This actually helps in making it more inviting and legitimate to someone like me who just came across your name. Otherwise, you know how this space is right?? A website and few words put together means nothing.
Hoping for a reply and some links from you. Thanks!

Lol. Simple points stated there but absolutely right. These monkeys cannot come up with an original thought or analysis even if their lives depended on it. The so called committee on cryptocurrency has been sitting on its ass for months now, all while the crypto scenario has changed on a weekly basis.

I bet a few retired Civil "servants" are enjoying the perks of being committee members, all the while plagiarizing different sources to come up with their smug, elitist analysis. At the end, nobody will give a rat's ass as to what the committee says and they'll simply parrot what the other countries do when it comes to taking a real decision.

I tell you. The Indian brain is not meant for innovation and actually creating something from zero. We are only capable of non-stop, back breaking, backroom services taught to us by western masters. Of course this applies as long as you breathe in India. Once we leave these shores of stupidity, Indians come into their own like no other immigrant group and suddenly become kick-ass. Or maybe only those who are already kick-ass get to leave while the stupid get to stay back..