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From the options available, Investment Vehicle and Decentralization are probably my main reasons, having money that cannot disappear if bank gets in trouble and increases my purchase power over time are major reasons to embrace bitcoin.
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Are you going to write a response to it? Please do.  |
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So, what's his bitcointalk username?
He must have been around here...
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It's quite simple, I just know I should not invest in new altcoins because I don't want to lose my money. |
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Haha, that happens a lot in movies and TV!
Immediate, anonymous and untraceable transactions of millions of dollars through the banking system are a reality.
It's funny when they put the money jumping from account to account, like all around the world.
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Isn't XT Gavin's proposal? |
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In my use case it's just an investment, I don't use bitcoin to make purchases, although I hope someday I can use bitcoin almost the same way I use cash, or at least the debit card.
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i cant remember but there was another post about it i mean about some exchanges that move away from NY.
obviously from my point of view they are doing what i would do if i was them, NY laws havent sense if you are running an exchange, at least for me.
Bitlicense is just like a pain in the a*s, in the otehr side i was expecting to see things like that...
they were Kraken and bitfinex, which said no to that license, but it due mostly to cost for adopting it, i doubt they really are against what it is offering but i was wondering couldn't NY citizens just use a proxy/vpn shit like that? I don't think IP address is relevant, residence, fiscal residence, bank account, I think those are the relevant factors. If I go to NY, I'll still be able to do my bitcoin business as none of those things are in NY. |
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I don't think there will be any price move because of the halving.
It didn't happen with bitcoin, and usually it doesn't happen with other altcoins also.
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Well, you talk like a true prophet of the apocalypse. No one is talking about it because no ones cares, the ones who care don't understand shit about economics and think this is the end of the world as we know it when it's just another boring Wednesday. |
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That's a great way to lose your Adsense account. |
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Why today?
Something happened?
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The fastest way is to buy it.
Search localbitcoins.com for people accepting Payshop or Ukash...
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So, after seeing 23 BTC market cap become 17 BTC market cap (and not having any clue how this could happen during an IPO), clicked on "order book" & got even more confused. Anyone make heads or tails of this? (multiple bid prices, multiple ask prices, last buy @ ,00150003 not 0.00208192)  Someone sold 1 share for 0.00150002 just to reflect on market cap, market cap is based on last trade. But you're right, trading shouldn't be enable while initial offering is available. |
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I've always been a big supporter of free open source software, the way it is developed and all the philosophy involved, if one does not like the direction something is taking one can always make his own fork, of course in bitcoin this has a complete meaning from previous projects.
We will always have to put some trust in domain specialists, will it be Linus Torvalds, Richard Stallman or Gavin Andresen, if you don't want to trust them just learn as much as they do and submit your own proposals.
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Businesses that stay get a bigger share of the NY market, there are already some exchanges complying and some applying for the license.
Less businesses operating in NY more desirable the market gets, because there's less competition a there's the incentive to get the license.
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Probably not, I believe there are still options available for NY residents.
One of the reasons why they ditched NY is it isn't cost effective, so those exchanges didn't have many users there.
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That's a really complex situation, you need to guarantee something like one node = one person, and that is very difficult to accomplish, currently as it is, people running a lot of nodes will have a bigger vote, and even if made a proposal to implement such a thing with the 100 days requirement it will take time to implement and some people can set up a shitload of nodes just in order to have more votes when it is fully implemented.
Mike Hearn commented on that in some talk or interview, the mathematics behind that that are very complex, Zero-Knowledge systems, and it would require something that is unique to every person on the planet to be associated with the node, like Passport, I don't think people will like it...
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