Realbitcoin.. please go to sleep and have a sober conversation tomorrow. you losing your own argument the more you talk tonight
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ok realbitcoin is stoned and having paranoia moment today..
lets give him a few days to sober up and let him reflect on his thoughts.
with mining in china, iceland, canada, uk, and europe.. i dont see mining as centralised. as for the paranoia about government.. they dont need to control the code. as the code will be limiting to them. because if we see dodgy code we wont download. its just that simple.
all they have to do is tax bitcoin direct.. within the year they would own atleast 90% of coins. so relax about the code.
as for the services. if they want to use dodgy code.. let them.. we just wont deposit with them.. they will soon change their mind..
so realbitcoin. go back to your centralised NXT website. and by the way.. communism which is community sharing is what bitcoin is.. what you describe is capitalism
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18 pages and counting and you are still debating how Western Union should not exist. It exist because it provides a service that Bitcoin can't. Cash in a window, few questions asked, that's it. Poor, uneducated people will use that for centuries. And there are a lot of them.
Go do your math and establish a local office/exchange with Bitcoins and see how it goes after fees and price volatility.
imo the only thing western union has over bitcoin is the prevention of price volatility. thats a huge reason why people choose not to use bitcoin. hugroll have you ever converted your taive currency using western union where someone the other end receives their native(different) currency. bitcoin says there are 0 fee's.. but thast just juggling facts and hiding one hand behind your back.. EG the spread of buying bitcoin and selling it, is more than a couple percent. and the native currency conversion is gapped aswell. and so i dare you to pick 2 countries and do a test (not with real cash, just using WU calculator).. then i want you to do that same 2 country test where bitcoin is the middleman. and show how much native currency the recipient will end up with.
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Gold didnt got developed, it's just there as it is.
Can't bitcoin have the same philosophy? Stop development after all critical bugs are fixed, that doesnt mean they should not monitor it, they should, however , we are not having like future plans for bitcoin.
gold is natural. its not created in a lab. but... here is the rub. gold is buggy (impure) it requires refining.. so your analogy is to stop refining/purifying gold. secondly do you know when the bugs will be fixed. i mean.. even when microsoft releases a new version of windows that they believe is the most bug free version. ready for mass release.. within weeks new UNFORSEEN bugs become realised. and new patches are created, even XP which was released years ago is still not bug free.. but instead of keep developing it, microsoft decided to ditch it. if bug fixes stop happening, people end up ditching it. lastly.. you say "that doesnt mean they should not monitor it" . "they" who?? and if "they" do see a bug, will "they" be allowed by you to provide a fix. or will "they" just moan on a forum and hope someone else provide a fix. and this someone else will you then say that this someone else is the new 'god'. when you realise that there are over 100 people always looking into bitcoin, all from different countries, all with different backgrounds and skills you should be happy that they continue to bug fix and test constantly.. rather then just waiting for things to screw up and hoping a random person who has not been scrutinized by his peers who's fix has not been pre-tested by over 100 people before its even released to the masses. bug fixes should always happen.. i think what you should be arguing is not bugs.. but hard forks caused purely for 'features' which such occurrences should be reduced or no longer required. EG. SegWit.. all of the features of datasize drop can be done in client-side coding without affecting the main protocol. bitcoins protocol does not need to fork the main chain just for litewallet clients to benefit from a drop in databloat(pruning signatures).
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So is this really the path we are going to take? Bitcoin is being constantly developed by the developers. They hold the development sceptre in their hands and push everything down the throat of a bitcoin user, with the consensus of the miners (who on most part look only for their own interests).
Yes bitcoin is becoming centrally planned, communist, and identical to a central bank fiat currency system. Even if bitcoin is not a fiat money, because the develpment holds the power to steer bitcoin in the wrong way, we should be careful how much power we give to the developers.
It's easy to abuse power, bitcoiners should know that more than anybody, yet we give full power to developers?
Consensus or not, I feel they hold too much power , and bitcoin could be steered towards a dark path.
How much more development does bitcoin really need? When it will be over? Or it will be forever developed and the developers will become the Gods of bitcoin?
anyone can join github and be part of it. its not a closed 'mens club' anyone can make a copy of the github and make their own collective, anyone can choose not to update anything they dont like anyone can downgrade if they find new versions have issues what i find more surprising is that you are a NXT fanboy. which is more centralised..
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In my opinion we should probably get rid of the negativity around bitcoin that it has right now, such as the purchase of drugs, assassination, prostitution etc. etc. on the dark web. That is not good for BTC at all.
Probably need to be on the news headlines a bit more as well, right now all BTC is making news of is the founder Satoshi. We need to promote it more to able to let people actually get engaged and use it.
nooooooooooooooooo we need to make it more usable before wasting time promoting it
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Is there a reason behind this phenomenon? I've paid generous txn fees at times but it is taking longer than usual to get 1 confirmation and this mostly happen on weekends or friday evenings. Is this a common occurrence?
nothing exceptional happening.. but seems slushpool went low-data with only 434 transactions which confirmed in 3 minutes.. blockheight 389126 then block height 389127 took 45 minutes to confirm, with a massive 3328 tx's. im guessing you just had yours confirmed in that 389127 block
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Nice idea u have. Well after reading comments I think maybe to find something in the middle, not poor like Africa and not some big and rich like Brasil or Mexico. Did hear about Serbia, its where i`m from, also in our neigborhood is Croatia, Monte Negro, Bosnia, Macedonia, we all speak same language. I cant say we have a lot money, or that we are big but for sure we are nice countries to see, have fun, maybe invest. I think we need here someone who will start some big campaign so people can see and understand better what this is all about. Well inform yourself a bit on internet about these countries and for more information I`m here.
you can start your own campaign, its in your area afterall
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Any country in South America or Africa.
But if you are smart you go with China. Their economy could decimate the current market cap if they got involved. Billions into bitcoin, would be like.. Heaven
seems like someones only after a price pump. and not really thinking about the usablilty growth
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I'd like to take a diplomatic mission in 2016 with the goal of helping BTC adoption in a place that is struggling.
I don't understand what's your plan. You sure may go to an African country, but government officials will not want to meet you. You're a foreigner, and unless you want to invest a vast sum in the country, all government's doors will be closed. You may have good intentions, but Africans have already suffered a lot from white guys telling them how they should manage their country. In several places, you will not be welcomed. and in some places it's machete law
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There are people on the chat box (maybe true, maybe not) that have been waiting 2 weeks for a withdrawal!!
i think that person waiting 2 weeks was trolling because he had other issues. cryptsy have either been manually pushing transactions or on request cancelling the transaction so that balances returned so that people could trade into alts and withdraw alts. no one can know whats really happening internally, whether they are liquid or not. whether they have issues due to bugs or have been scammed by malleability attacks, whether they been hacked or had a malicious employee.. no one knows its all speculation. i would just suggest finding other methods to withdraw and just wait it out
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Focus your efforts on countries with a well established internet access. Also make sure the population is wealthy enough to have the capital necessary to invest in bitcoin.
wealth is not that important.. because in some countries you cant measure wealth as some people are unbanked. but may own property and be self employd with employee's (farms).. so although it may appear that the country is poor.. there is alot of bartering and a need for a value medium to trade off against. also, people dont need to buy 'whole bitcoins' its devisable by 8 decimals, and to be honest 1million people trading 0.01 is more adoption then 10 people in saudi arabia trading 1000btc but you are right about the internet requirement. and i think anyone able to have internet, even via a phone has atleast some spare value or need a better method of moving said value
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Hmm interesting idea.
For a higher succes rate you should to determine better - Bringing a corrupt country in (which will give bitcoin a bad name). or - Bringing a non-corrupt country in.
Sure the first option is much easier and in a way it will help bitcoin on the short term. Looking on the long term, no respectable country would even consider bitcoin if they know a corrupted country came before them.
So if you have time, skills and are willing to make an effort. Why not try to bring in a multinational like Microsoft or Twitter?
saudi arabia is corrupt as hell.. yet they are one of the richest countries. lots of investment comes from them and when they say they want something.. everyone follows their lead. EG saudi arabia startd taking over the banks of syria in 2004.. and look whats happening now.. uk, france america, russia all want in
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2 main things to think about. internet usage and population clusters for instance going to places that both lacks internet and where the population is dispersed in little villages means that you will have alot of work to do. just considering population and usage(trading), if each village has one shop, the work needed to build up a network of people swapping coins will be large, going to multiple villages and trying to get all the shops involved, aswell as setting up 5 local exchanges, which some may be reluctant meaning some villages will not have usage of bitcoin however if you pick a city, then its far easier to select just 5 retailers out of hundreds for usage and one location for exchange and be able to serve alot more people. that way you have a better chance of succeeding. this then can be used as the first stepping stone to then expand out, using the city implementation as the demo and advert to help convince villages and as for the internet availability.. well thats self explanatory use this to help you: http://www.internetlivestats.com/internet-users-by-country/jamaica has ~50% internet uptake where as haiti only has ~12%, so that makes jamaica better option compared to haiti. ofcourse there are other countries with over 50% internet. and also higher populations places like the united arab emirates is 94% internet uptake even Madagascar has a higher population base and higher internet uptake than jamaica.
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They definitely do plan to create something against bitcoin, otherwise they would use the already existing and working model that bitcoin represents. After realizing that we are becoming a threat to them, they will try with rival crypto based operation, but they missed the whole point of it - decentralization, which i doubt they will implement in their model.
their model would be 'distributed'.. that way no single employee can tamper with the ledger, as the ledger sync's with thousands of nodes (one per bank branch) but it would be internal distribution within the banking network.. not the open public. but the purpose is not to rivel bitcoin. not to compete, not to win customers or make bitcoin obselete. its just to reduce internal errors, frauds or other issues.
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ok folks alot of people are saying buy bitcoin to get discount on products..
so bitcoin is $450 so 0.1btc is $45 so 0.01btc is $4.50
lets say a large coffee is $4.50 which shop would sell a cup of coffee for 0.09btc(receive direct/no middleman). for the retailer to keep or to then converts to fiat the same day only getting $4.05
remember retailers would only accept bitcoin if they got full value.. not 90%.. thats just worse then credit card fee's..
im sorry but that then ruins any reason for merchant adoption. and thus eventually ruins bitcoins usefulness.. all because some idiot wants a quick promotion ploy to cause a pump and dump. and the idea of using middlemen so the retailer doesnt even realise bitcoin is the currency used, as its pre converted.. doesnt help merchant adoption either, as its not real adoption
the only reason purse.io give discount is because they buy cheap giftcards with atleast 20% discount, and its on the fiat side of getting cheap second hand giftcards that discounts are possible.. not the bitcoin part.
infact people can, without even bothering with bitcoin, buy these giftcards cheap using just fiat. never having to even think about bitcoin.
anyone with some actual proper idea's? you know.. idea's that can make bitcoin acceptance a unique offering that cant be done via fiat
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I regularly give out 0.02 BTC to people, hoping to make a difference, but maybe now i should change my approach ?
think of it this way. we know ur british.. so imagine having an american 10 dollar bank note. you went around london and just hand over $10 to random people.. thinking it would convince people the dollar is better then the pound will this make people want to invest into dollars.. will this make people find something online to spend the dollars on unless you can show a purpose, most people will just put it in their pocket as the effort to go to a Bureux de change aint worth it for £7. even if they know that it has value and millions of people use dollars everyday.. your not really doing much to convert them to love dollars.. but if you showed them a coffee shop in london that accepts dollars. and ways they can work to receive dollars. that are better than standard daily life experiences of pounds, then you have a reason to waste $10
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i dont need coin, so just saying funny things out of boredom
Two bitcoiners walk into a bar, they both see an attractive women. the first guy walks up to her and says "im a bitcoiner, i hold bitcoins which are worth alot, they are part of a decentralised cryptographically secure public ledger created in 2009 by an anonymous genius who has free'd us from the slavery of the banking system." the women gives an odd look. the second guy gives it a try and says "hi, im an international currency trader" she smiles lustfully
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This is seriously bullshit and excuse, they could refund bitcoin with no problem if they want to, they have TX data and bitcoin address linked to every purchase and could just send back BTC there. I don't see any technical difficulties with that solution.
not if they sold the bitcoin to fiat minutes after receiving it.. because now a refund would involve buying bitcoin just to ave some to hand back.. which if they cant even buy stock for the customer, they aint gonna buy bitcoin either
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bitcoin speculation
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