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23361  Bitcoin / Bitcoin Discussion / Re: There is ZERO Evidence That 9554 Bitcoin Were Seized From ISIS by Hacktivists. on: November 25, 2015, 10:29:49 AM
If they open a faucet then decide to give out a mbtc to each user to prove their raid was real I might believe that they really hacked an ISIS based wallet.
If the group gave out 54 BTC at 0.01 each they could get 5400 Unique claims and no one would question their story and still have 9500 coins to spare.
To my knowledge they are not part of anon that was the medias idea.

What good would that do? Some People Will claim multiple bitcoins by fake claims and others get nothing.

Don't hope for freebies, that is just not how the world works.

It's not a freebie more than a proof of assets, if they have a base of Bitcoins and really took them from ISIS one way to prove it to the community while still remaining psuedo-anonymous is to host a faucet service and mix the addresses.
Either that or proof of address with a signed signature would work either way this story smells of BS.

hosting a faucet serive is not anonymous.. after all silkroad got shut down...

instead proving ownership of funds is much easier.
SIGN a message using the key of that address!!!
23362  Bitcoin / Bitcoin Discussion / Re: There is ZERO Evidence That 9554 Bitcoin Were Seized From ISIS by Hacktivists. on: November 25, 2015, 10:11:05 AM

Nothing to see here. Newsbtc in order to attract more readers fabricated a controversial story, that's all. Since their 'source' is anonymous and they didn't provide BTC address in question, you can't effectively disprove those 'news'.

The best you can do is just switch to more reliable and competent news site.

newsbtc done a "newsweek dorian"
23363  Bitcoin / Bitcoin Discussion / Re: Former bitcoin companies are erasing their embarrassing 'bit's - The Guardian on: November 25, 2015, 10:08:19 AM
Bitcoin is definitely new and I don't think that it is going to die out anytime soon. Bitcoin is new and a revolutionary technology. Bitcoin is still trying to make its mark on society. The price is still stabilising and I think in a couple of years, Bitcoin will be a big thing.

nooooo
bitcoin is a currency. blockchain is the technology..

and thats why media are getting so confused. because people are starting to actually use terminology that helps explain things better. by separating the technology buzzword away from the currency. wrongly making media suddenly think the currency is dying.. when in fact its just a clarification of wording
23364  Bitcoin / Bitcoin Discussion / Re: Bitcoin without Altcoin ? on: November 25, 2015, 10:04:50 AM
again correcting peoples terminology, as it will help explain it to common folk in the future

I think bitcoin still need altcoin. We don't know in the future, what blockchain currencycryptocurrency will be used by people.

For now is still bitcoin, but in the future? No one knows.

Also without altcoin, progress of bitcoin is not like nowadays.

Yes the altcoins supports bitcoin and vice versa. Even better it makes the market cap bigger of all blockchaincrypto coins, since more big companies joins the blockchaincrypto scene.

This makes that altcoins compete with each other which gives us faster and more innovation.
23365  Bitcoin / Bitcoin Discussion / Re: Bitcoin without Altcoin ? on: November 25, 2015, 09:45:52 AM
sorry i have to correct peoples terminology, because if bitcoin (the currency) is to go mainstream, then the community needs to start understanding the terminology better, by avoiding words like crypto, virtual, digital.. as they are vague and wacky words common people wont distinguish between fiat and blockchain based currency. and also separating bitcoin the currency vs what some people have in the past called bitcoin the protocol.

Doge may have promoted bitcoin a bit as a meme(being a blockchain currencycrypto-currency), other than that I don't think LTC or any other shitcoins actually influence bitcoin in any(positive) way.

Doge may have promoted bitcoin a bit as a meme(being a ), other than that I don't think LTC or any other shitcoins actually influence bitcoin in any(positive) way.
That's only because most of these coins are in direct competition with bitcoin and what it stands for. However it's a free market and you can do whatever you want but my guess would be that the introduction to blockchain coinscrypto coins will come from bitcoin. Just because bitcoin has the biggest name currently.

In my opinion, only few alts have purpose in blockchainBitcoin ecosystem. I dont want to mention any specific coin, just blockchain ecosystemBitcoin need some anon alternative to bitcoin when you dont want to anyone track your transactions. Other than that, maybe some faster coin, but all others are just shitcoins if you ask me.

Altcoins are dependend on bitcoin, but not the other way. So altcoins dont influence bitcoin in any way(unless some altcoin is worth more than bitcoin). But altcoin trading is a big business and it shouldnt actually used as a replica of bitcoin - it should be a way of experimenting with blockchain currenciescryptocurrencies.

Well alt coins are an essential part of the blockchainCrypto-Currency ecosystem. BTC is not mature enough to be used for a true investment vehicle unless you like having to hold for years. It doesn't serve well as a currency either given its volatile price movements. In terms of speculation, alts are great.

BTC will still survive without other blockchain currenciescryptocurrency, but it'll grow really slow.. and since growing it via alt-coin trading became impossible, there will be so many people left it behind because of the slow growing progress. Finally, there will only serious btc-lover who still uses it.
23366  Bitcoin / Bitcoin Discussion / Re: Former bitcoin companies are erasing their embarrassing 'bit's - The Guardian on: November 25, 2015, 09:18:29 AM
These businesses are avoiding Bitcoin like it has the plaque. In the boom days, everything was about Bitcoin, now they ignore that history, like Kim Kardashian is ignoring the sex tape she made, back in the days. The thing is, they cannot ignore their roots and it all started with Bitcoin.

Watch them come around when the price goes up again and Bitcoin goes mainstream. Let's just hope we remember them then, when they want our money.

seems you have made an opinion based on the media's story.. but without fact checking it..

so here is a 3 second test of facts

https://www.circle.com/

do you see the word bitcoin, right in the center of the page in the sentance of "Instant. Secure. No Fees. Send & Receive Money Anywhere with Bitcoin "

yes? then i guess circle isnt cowering away from bitcoin.

what the media are forgetting and misinterpreting.. is this:

people used to call the technology(protocol that makes blocks and distributed) of bitcoin............ bitcoin. or virtual currency or cryptocurrency.

now they are calling the technology 'blockchain'

purely to separate the terminology and the confusion between the currency unit vs the technology.


here is another example:
what do you see?
and how many times a week do you eat it?


most peoples instant reaction is "beans" and "7 times a week".
but the correct answer is "a picture of a tin of baked beans" and "never, i dont eat the metal container"

so baked beans have not changed, the ingredients are the same. people still eat them, but the terminology of what your talking about has changed. purely to make more sense to common folk.
23367  Bitcoin / Bitcoin Discussion / Re: Former bitcoin companies are erasing their embarrassing 'bit's - The Guardian on: November 25, 2015, 02:59:08 AM
bitreserve, still handles bitcoin, nothing has changed. they just rebranded to appear less "techy special secret money" to appeal more to what the common man understands..
bitcoin is still at the heart of their business,

its just. if you want wall street fiat lovers to hand over their fiat. obsessing over bitcoin can actually be a bad sales pitch.. instead showing you easily accept and handle fiat, offering a secure and deflationary reserve (bitcoin). will get more people to hand over their fiat and grab bitcoin.

its like mcdonalds changing from the creepy clown, to the celebrity who shouts "ba da ba ba ba" when eating a big mac... they still sell bigmacs they just got rid of the weirdness and appealed to something people will recognise. even without changing any of the ingrediants of their main product.

take any product that has been around for 50 years.. they all rebranded maybe 10-15 times.. yet the ingrediants/materials havnt changed
23368  Bitcoin / Bitcoin Discussion / Re: Do you believe we need more ways of advertising Bitcoin currency? on: November 24, 2015, 11:11:05 PM
If bitcoin starts sponsoring a big soccer team in Europe,that would greatly increase it's exposure.

That the best idea i heard today.

However I don't think the bitcoin foundation has that kind of budget. They have to pay at least 20M+ to sponsor a club like Barca or AC Milan

bitpay already tried that with american football last year... it didnt really gain much fame... so they dropped it this year

https://www.cryptocoinsnews.com/bitcoin-st-petersburg-bowl-first-college-football-game-sponsored-cryptocurrency/

the problem is not about advertising.. its about bitcoin usage once people start thinking about bitcoin..
afterall there is no point wasting money on advertising if the viewers cannot buy beer or toilet roll with it from their local 7eleven.

and thats why europe doesnt bother advertising Euro's in america.. or why america doesnt advertise Dollars in britain...
so will all you "we need to advertise" fanboys. look passed the 15 minutes of fame and orgasms you will have from seeing the advert. and think about the non-bitcoin people who will see the advert for the first time. and what uses they will see of benefit..

remember 99% of people are not investors, and they wont spend money unless its on something useful.. so concentrate on bitcoins usefulness to common people before thinking of advertising bitcoin
23369  Bitcoin / Bitcoin Discussion / Re: BITCOIN IS BETTER THAN WESTERN UNION ? on: November 24, 2015, 10:48:56 PM
ok guys i just done a quick test to compare bitcoin vs WU

to send £1000 (GBP) to thailand

costs me £1004.90 (0.49%)

and the recipient will get 53609.24THB


now lets compare that to local bitcoins (fastest way to get bitcoins without lengthy registration process)
£1000 will get me 4.429679btc

4.429679btc will get me 52317.57THB (97.59% of the value WU would give)

so im sorry to say this.. although bitcoin suggests ' low/no fee's of ~3cent' .. the reality is the spread/spot prices when trying to exchange in and exchange out are 2.41% as oppose to WU's 0.49%.

though i love bitcoin, my income is 100% and my spending is 100% bitcoin for the last few years. i do have to keep my mind in the reality of the real world, and not the world of PR half truths.

so if you are going to talk about WU being crap, try not to say about the 'low fee' argument that makes bitcoin better.. because whether its hidden as exchange spread, or categorically advertised as a fee.. it still ends up costing the sender or recipient something no matter what buzz word you use.

so try to lead the the true benefits and not the wishy washy selective wording stuff..
23370  Bitcoin / Bitcoin Discussion / Re: WHO HAVE BTC 200? on: November 24, 2015, 06:52:02 PM
Come on guys, he may just be new. No need to jump on him.

Kuna, what everyone is trying to tell you is that getting a loan that large will be just as hard as getting it from the bank. You will need lawyers, papers of incorporation, professional business plans, collateral, etc. Bitcoin is not magic, it's just money and asking for $64,000 will work about as well as if you asked random people on the street.   

we know it was a scam, Kuna knows it was a scam.. and now Kuna is trying to 'save face' by saying it was a prank to test peoples bullsh*t meters

Thank you for all your response. It's very important for us.

This was a teaser. Only your own brain can protect you from scam, enjoy it, and do not trust anyone. Even us.

Viva Blockchain!
23371  Other / Beginners & Help / Re: what about scammer ? on: November 24, 2015, 06:48:46 PM
rule 1
do not trade with anyone you do not know or do not have the address of, to slap them with a wet fish, should they do you wrong.

rule 2
holding bitcoin is in itself a better investment plan then investing with third parties. thus the only trust you need is with yourself to hold

rule 3
if you do not know or trust someone or some business you are trading with, do not hand over more then you are prepared to lose
23372  Bitcoin / Bitcoin Discussion / Re: Bitcoin without Altcoin ? on: November 24, 2015, 06:43:35 PM
positives:
if it wasnt for altcoins, then mining pool owners wouldnt be making as much profit from the merge mining that happens. thus they would attempt to milk the miners more, which would increase the tx fee war, where miner are trying to get more reward.

if it wasnt for altcoins, then some of the exchanges wouldnt have a business. seeing as some of them do not want to handle fiat due to the fiat regulations, they would be nothing to value bitcoin against without altcoin.

if it wasnt for altcoins, then people would not have as much freedom to play around making their own code, and be more forced into the bitcoin consensus of the github, where change takes forever and freedoms of creativity are limited to the security of bitcoin.

negatives
if it wasnt for altcoins, some premined scam coins would not exist, stealing real bitcoin value and leaving users holding a bag of s**t coins
23373  Bitcoin / Bitcoin Discussion / Re: What do you do with your idle coins? on: November 24, 2015, 04:23:12 PM

Unlike fiat currencies, I cannot park these coins into banks backed by governmental institutions. I put my fiat currencies in banks or blue chips but I cannot do it with cryptos.

So, what do you do with your idle coins? Let it sit around?

unlike fiat currencies that are parked in bank accounts getting 0.5% a year..
bitcoin can just sit on a paper wallet.. and gain more than 0.5%.

take this month.. was $250/coin.. now $320. = 28% interest, just by doing nothing
23374  Bitcoin / Bitcoin Discussion / Re: WHO HAVE BTC 200? on: November 24, 2015, 04:12:11 AM
sorry scammer

but if you do not even have $64,000 of your own funds to set up your own exchange.. then no one is ever going to trust you!

especially when they go about it by asking for large lump sums.. on a forum., using a brand new username that has meaningless reputation and zero real life identifying data.

so how about getting a real job and stop asking for scammed handouts.
23375  Bitcoin / Bitcoin Discussion / Re: How to buy a bitcoin immediately without ssn? on: November 24, 2015, 12:53:59 AM
Hello everyone! I am a foreign student and still don't have a ssn so far. So, in this case, how to buy a bitcoin immediately in U.S? Through which platform? Thanks!
local bitcoins is your best bet for small random amounts
23376  Bitcoin / Bitcoin Discussion / Re: Storing money on Smartphone is far more secure than desktop or laptop on: November 23, 2015, 07:11:17 PM
alot of you are talking about data security of the apps and less ability to receive trojans on a iphone..

but putting the app/OS security to one side.. alot of you are forgetting one important thing..

most phone apps are just glorified browsers which contain no privkey or tx signing within the phone. as the privkeys are located on a server belonging to the app's creators..
and i think that not have sole control of the privkey is the main reason to only store 'pocket money amounts' on an address.
23377  Other / Off-topic / Re: Why would customers use Bitcoins? on: November 23, 2015, 09:15:05 AM
i think people are getting too obsessed about the fee..

the argument about fee is a moot point. after all applepay is fee free for both merchant and user..(supposedly)

so lets stick to the subject.

comparing bitcoin to applepay..
knowing applepay only takes 3 presses of a button and zero fee's.. explain why someone who gets paid a wage in fiat, would go to all the trouble of converting to bitcoin, just to spend it..

come on lets hear some inspiring reasons..
23378  Bitcoin / Bitcoin Discussion / Re: I've lost all faith in the system. Bitcoin is my last hope! on: November 23, 2015, 08:54:32 AM
Can someone tell me why a merchant would run a full node?

because they will help the network, which mean that they will help their own business, i think any merchants in his right mind, would do it

it's not expensive either for them

I agree with this. Merchant should run full node right. The question is that Merchant will run what was prepared for him by someone who will build such option. Then merchants will run full nodes. Merchants are not necessary skilled in IT and will not build full node without understanding technology. It needs to be prebuild for them.

99% of merchants do not even touch bitcoin... as the tx's are handled by bitpay/coinbase. thus bitcoin is not really part of their business..

however certain merchants who have their own bitcoin payment system and handle it themselves, also paying staff with bitcoin, would by default find that it makes sense to run a full node. not just for the utupian community love of helping the network.. but more so because running a full node is better then trying to handle payments using webwallets and light clients
23379  Bitcoin / Bitcoin Discussion / Re: Bitcoin - one of the Terrorists Funding Sources on: November 23, 2015, 06:59:43 AM

We can say that Bitcoin is mainly use(ober 90%) for illegal activities. This is the truth. Terrorists , ponzies, drug dealers, illegal forex, illegal exchange companies(not licensed) and many others are the real Bitcoin. Withoth these, BTC value will be near zero.

The other part(speculators) is negligible.

lies..
you say over 90% is illegal..

hmmmmmmmmmmmmmmmm
ok i bet you can only name maybe 1, 10, 100 illegal services...

ok well try naming 100 illegal services and ill show you 100,000 LEGAL services.

...
......
.........

ok i cant wait for you to list the limp and shrivelled list of black markets.. so ill just tell you to go to bitpay/coinbase and see that they have 100,000 businesses
accepting bitcoin..

have a nice day
23380  Bitcoin / Bitcoin Discussion / Re: Is there a blockchain that links one or more blockchains? on: November 23, 2015, 06:26:14 AM
Atomic transfers is good concept. But I couldn't imagine combining different hashing power? How could it be? They are basing on different algo, block time, pos or pow etc. Probably underlying exchanges of different altcoins when transferring them is a bit realistic at the moment.

research merge-mining.

its been a reality for years. although mining pools wont tell you that, as they want to keep their altcoin rewards a secret. Cheesy

although merge mining is not exactly the same as the concept of AT or sidechains.. merge-mining is an example that while mining bitcoin you can also mine altcoins
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