Do you by chance have any silver American Eagles lying around? I've been having a collection going and haven't got my 2016 one yet and figured it'd be nice to get it with BTC... Might be interested in other metals too, but I guess I'll wait for your store to come out.  |
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I like these glasses, but would you be willing to go through an escrow since your account is new? I still don't understand the concept of giving away free watches though... I just feel like there is some catch.
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until now is imposible altcoin replace bitcoin
not only one altcoin replace bitcoin etherum litecon still can't replace bitcoin
requirement replace must high community use, support much payment another site olshop same and equal bitcoin
liquid exchange to fiat money same with bitcoin
Ethereum isn't really a "currency" like Bitcoin is, so it's like comparing apples to oranges... And then litecoin is pretty much the same thing as bitcoin without all the bloat... None of these two coins change how we would use cryptocurrencies as a currency. Well if Ethereum isn't a currency, what is it? A currency is defined as something used as a medium of exchange or something that is used as money, a definition that Ethereum seems to fill nicely. Ethereum doesn't really change anything about cryptocurrencies aside from being generated though other crypto "resources" and being generated through applications and people moving things through it. it adds a nice concept, but at the core it doesn't do much more than add a few numbers and fuse some features together. I mean that's true, but in some circumstances and in other cultures 1 cow and 2 goats will get you a plow for your farm; does this mean that when you talk about cows and goats you automatically think of "currency"? No. Ethereum is, at least how I understand it, a token that can be used for smart contracts/apps... It just seems, to me atleast, that Ethereum can be and should be viewed as something completely different than crypto currency. |
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Coinbase have announced that they have started supporting Ethereum on their system, this is an excerpt from their Coinbase bloq 'We are pleased to announce that Coinbase is adding support for Ethereum. Consumers can now easily buy, sell, send, and store Ether in their Coinbase account. To get started, visit the “Trade” page on Coinbase.com or tap on “Buy” or “Sell” options in our iOS or Android apps".
I was just wondering whether this could be a threat to Bitcoin dominance. Your views
Coinbase has been moving this direction for a while. They already moved into ETH with GDAX. I think the reality is that their business model is failing, and they have burned through millions in funding only to bring in pathetic returns for their investors. They flushed endless money down the toilet on a useless affiliate program that brought in no liquidity. Their solutions were 1) push Bitcoin Classic, hoping that a hard fork in furtherance of the "cheap/free/instant bitcoin" would be a boon for their payment processing division, and perhaps to adoption. And when that failed, 2) push Ethereum to attain higher overall trading volumes and general interest in their platform. All said, I think they are going down in flames, and their ringing endorsements of the Ethereum developers look all the more pathetic throughout this DAO/hard fork fiasco. Brian Armstrong makes me sick. I'll say it once, and I'll say it again. Boycott this company. Fred and Brian have been FUDing bitcoin hard for the better part of a year. Talking incessant shit about Core devs, pushing Bitcoin Classic, spreading nonsense about Classic sybils being representative of the bitcoin community, and pumping Ethereum nonstop for months. More than that, these guys will blacklist you, or worse, turn you in to law enforcement. So be very careful about what coins you send them, and where you send coins from their platform. That is if you are bold enough to use their service. Coinbase recently helped the US government arrest the alleged owner of KickassTorrents; he is being extradited from Poland to face criminal copyright infringement charges. I think this represents one of the main problems of Bitcoin... that Coinbase could even have the option to do something like this. If we all protest Coinbase, I'm sure another "Coinbase" will pop up again to fill their shoes... Coinbase fills a niche that enables people who don't know much about Bitcoin to buy and store their coins in their wallet, kind of like Xapo and other web wallets. It's just the fact that the government will continue to pressure the exchanges to track peoples every move; just like the government wants to force Apple to allow the government to spy on their users... It just seems Bitcoin, and any other cryptocurrency for that matter, should be a little more resistant to these types of motivations. |
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until now is imposible altcoin replace bitcoin
not only one altcoin replace bitcoin etherum litecon still can't replace bitcoin
requirement replace must high community use, support much payment another site olshop same and equal bitcoin
liquid exchange to fiat money same with bitcoin
Ethereum isn't really a "currency" like Bitcoin is, so it's like comparing apples to oranges... And then litecoin is pretty much the same thing as bitcoin without all the bloat... None of these two coins change how we would use cryptocurrencies as a currency. |
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I feel that most of you guys are missing the point of "investing money" into bitcoin in the first place...
It is to get your fiat into a digitalized, peer to peer, gold/cash system to transfer funds from anywhere in the world; not to get rich in terms of fiat. I mean, yeah it would be nice to be rich and buy anything you want... but I mean it seems you guys dream about having essentially a lot of worthless paper "money" instead of having a lot of valuable digital currency such as bitcoin...
I just hate it when people talk about stories like this in terms of "getting rich quick", and that we should "invest" now because we don't want to miss our train to getting rich in fiat notes.
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I really don't understand what most of you guys are saying on this thread... There have been no arguments as to WHY you guys think that bitcoin will not be overtaken by another currency. All I've read so far is basically that Bitcoin will not be over taking because it is more widely accepted in the cryptocurrency world, and because, well, it's bitcoin.
That's not a very valid argument. Bitcoin has been shown to have many flaws in it's code that devs are now working towards fixing... There are still debates going on about block sizes, anonymity, fungibility, etc. etc....
Simply saying that it is the most well known and that it is highly priced/sought after for is not a valid argument for Bitcoin.
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bitcoin and gambling is a matter that can not be separated. the current gambling game in the world so rapidly. it's all because bitcoin.
Exactly, due to to bitcoin gambling made easy. Other legitimate and popular website are very strict when it comes to betting in their site, they require your information and require a big minimum deposit while bitcoin gambling sites has the most advantage as you can play anonymously and the minimum limit is very affordable, in addition, you would not pay for high charges. Yeah, that's exactly why I stick with sites like directbet and the like... I think it's safe to say that everyone hates signing up with their own personal email that gets sold off to end up getting endlessly spammed for life. This is how gambling was meant to be... you wouldn't have to give the dealer at a black jack table in Vegas your email to started dealing out cards... you just need your chips (and preferrably a strong drink, lol) |
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You predicted a crash on august and spends most of your time in altcoin boards, why the sudden change of stance?  IMO as long as you can buy certain ordinary things with an altcoin they can be considered money too. It's just bitcoin have wider adoption than any altcoin so it can be considered superior (in terms of adoption, other things can still be debated). It's not really just that they are more widely adopted, it is that it is more well known (which really isn't that well known to begin with). Cryptocurrencies are still a mystery to a lot of people, but some people can remember the "scary" things about it, and that it is associated with criminalized hackers and the spooky dark web... I mean the whole silk road scandal happened not that long ago... But it is forever in crypto years since it is such a new phenomenon. |
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It's kind of hard to "declare war" on such a decentralized and technologically advanced group though. It's not like there is a nation of ISIS... it's just a group of people living throughout a region in the middle east that can make big time damage across the globe by recruiting others via the internet.
It's kind of like a form of cancer... you want to get rid of the cancer, but you can kill ALL of the cells; you have to pin point certain carcinogenic cells from the rest in order to make the body survive.
Obama narrative detected: they have a land mass, an operational legislative, administrative and executive body, publish news letter and report and tax... What do you want more? Be like the lose tongue and repeat at infinite daesh daesh to confuse the people and build a lie narrative? No... First letter is ignored because it's a lie or Incredules STATE of Iraq and Syria. Go... But please make more arguments against just understand that you have to raise your intellectual usual level (I apply a total (costly) ban on glyphosate and gmos;-)) Lol, ok man... If you have all of this information, please let me know; would love to get pwned by your knowledge of the inner workings and governance structure of fucking ISIS. While there may be very influencial and highly valued targets that are a part of ISIS, taking down a couple of people wouldn't take out ISIS like it would for a nation that has a president or one known ruler... Point being, there isn't a clear cut answer to take down ISIS mainly because people work pretty much alone or in very small groups that go toward a major goal of the group. Saying there is an easy way to take down ISIS is like saying there is an easy and direct way to take down bitcoin by killing everyone using it... Idk... it might just be my retarded ramblings of someone with a low IQ |
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It's kind of hard to "declare war" on such a decentralized and technologically advanced group though. It's not like there is a nation of ISIS... it's just a group of people living throughout a region in the middle east that can make big time damage across the globe by recruiting others via the internet.
It's kind of like a form of cancer... you want to get rid of the cancer, but you can kill ALL of the cells; you have to pin point certain carcinogenic cells from the rest in order to make the body survive.
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Serious issue when it comes to awareness of crypto currencies in many developing countries. Though I keep telling my friends about bitcoins and the whole industries (I’m not an expert but I share knowledge what I get from internet and mostly from bitcointalk members).
While talking about bitcoin, I use the examples of online wallets of local currency (example – Freecharge, Paytm in India) and tell them this is same but it has difference. Responses I get are mostly focused on issues like security, return on investments, taxation, accessibility etc. Eventually most of them understand what it is all about but they are still conservative when it comes to investments.
I’m sure they will pop in soon in the future with the overall growth of the industry. I can see effective option to make people aware is growth of the industry.
Well in terms of security, I think you are going to lose that argument with your friends, especially if they have heard anything that has been going on with bitcoin lately and can compare that to visa and other payment forms... Debit/credit cards now have chips that are more secure, compared to bitcoin which has the problem of overcoming the block size bloat and miner frustrations due to halving and costs of running a mining company. If I were you I would focus on the fact that there is no governmental agency trying to tax what you are paying, so you can pay someone over the internet tax free.... this is a huge deal when considering large purchases online. ROI is kinda mehhh... I mean, if you make that case, it sounds like you are apart of some kind of internet ponzi scheme. |
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I didn't really feel like going through all of the comments before, but there is something already like this that doesn't pay you "on the blockchain".. rather they just pay you money or (I think) bitcoins as well... Anyone here ever heard of tsu? ... it's a lot older than steemit I think, and does what I think steemit is proposing... just not with the unnecessary blockchain bloat. Plus people are sheep, if everyone is using facebook and twitter, your going to need a big time sheep dog to move all of those people over to steemit or tsu. |
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But this can quickly get into some weird trust issues with your lawyer who keeps said will that you have left behind the orders to give your theoretical children the remaining bitcoins you have.
This is because, of course, you need to write down your private keys to your bitcoins wallet(s) and give put them with your will... now whether you trust your lawyer to not try and steal your bitcoins is your own prerogative, but I for one wouldn't be so ok with that.
This might have the potential to become either a big problem or good for bitcoin in the future, because if more of us who own a decent amount of bitcoins start dying off one by one without sending them to other people, the amount of bitcoins in circulation start going down. Yes, this will make bitcoins more scarce; but what point is "burning" bitcoins in this way too much? When will it start hurting the bitcoin economy?
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If anyone should have become an overnight millionaire it should have been me.
With this sense of entitlement, I'm glad you didn't get shit from BTC. Typical get rich for nothing crowd. Exactly... I understand there would be a sense of regret if you've been in the virtual commodity business for some time... but what you are saying is that you regret not getting into bitcoin just for the sole purpose of cashing out and not actually using the coin for what it is. So you didn't have an interest into virtual currencies, you had an interest of getting rich quick; which is the interest of literally every human being... |
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Share your ideas here. In my opinion, I think we will be stuck in one price or maybe worse we will all go down. Here is what happened when US citizens are saving too much. That's important because American spenders make up the majority -- about 70% -- of economic activity in the country. If people don't spend, the economy doesn't grow.
Check it out hereThat's because what you are quoting is about the economics of the US, which is easily the most capitalist country ever... of course the nation relies on unnecessary spending from it's citizens. If you consider that bitcoin is global and spans different governments and economic policies, it probably wouldn't matter as much. |
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It can if everyone starts getting paid in bitcoin.
Then there would be no need for fiat at all.
If that happens then there would be no government needed right? Remember that no one is controlling bitcoin. Rich people who can buy a lot of it will be the one controlling its market in buying and selling waves. There's a lot of issues with that as of now... A large majority of all the bitcoins are already mined, so issuing out the remaining 4 million or so bitcoins to the remaining 99% of the world's population isn't very optimal and would make for a worse distribution of wealth. Plus, if fiat was gone, there is no ability for the rich population of the "fiat world" to 'buy out' and control the market because fiat would essentially just become worthless paper (which it already kind of is). |
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i wish to be a bagholder of the crypto that will replace bitcoin if btc really will be replaced by another. I miss the chance of having a bag of bitcoin during the time when its price is just cents. I could have bought thousands if i just knew.
Well that's a bit obvious, isn't it? That's like saying I wish I could've had the chance to get free money... There are some good options out there that could have the chance to gain maybe as much value as bitcoin, but probably won't necessarily "replace" bitcoin... bitcoin is meant to be a "gold standard" to all cryptocurrencies, but there are alot of other cryptos out there that pose to fix some problem of bitcoin; whether that be pruning tactics, block sizes, anonymity problems, etc. |
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I think generally here in this case of which is more secure, i2p would have to take the cake... but the fact that you can't browse anything beside eepsites is pretty much hindering adoption. Tor is nice and all, but if there was more overall activity on i2p then maybe you will see more of these eepsites pop up
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It seems kinda pointless some times to find a reason why I should influence someone to accept Bitcoins IRL situations to purchase something.
Like the whole point of Bitcoins is supposed to be a currency where you can pay someone money without having to reveal your identity or who you are as a person; and then when you go up to them and try to explain why you want to pay this person with a currency that is supposed to help protect your right to privacy by remaining pseudonymous, I can just see them saying "well, I mean, I'm looking at you right now... why do you want to remain pseudonymous?"
Then from there it gets into the real sticky debate that well it can be viewed as a store of wealth, then you have to explain the limited nature of bitcoins to only 21 Million coins, blah blah blah...
TLDR; I feel I could persuade someone who runs a business online whom I don't know personally to accept bitcoin a lot easier than a buddy of mine whom I know in real life, because of the nature of bitcoin and what purpose bitcoin serves on the internet.
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