I can't seem to find any relevance between evil and bitcoin. Maybe one day people will go to the extent of killing each other or creating a conflict so that they can get hold of bitcoin. It will be so precious like the example that we see in gold that throughout history bad things have happened because of the yellow metal. I don't know i could be wrong. Nothing to backup thus far but only thing i can see happening as i said people would do anything some day if bitcoin gets too rare and precious  |
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There will be a day when crypto will achieve total independence from fiat benchmark. For example, if one day you are buying a car, you don't quote the price in dollar or offered the amount in btc and then cross check the price in dollar, you straight away measure that in BTC. That day my friend will arrive
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I've been following the price closely for the past 2 weeks after it has rebounded from the 300 low. Quite a number of large buy orders being placed. Pretty interesting to see if it can continue with the up trend.
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I use an old laptop which i format clean and install only armory to keep the coins. I leave it offline and update once a while to check the balance. All the backups are stored separately. Another part of the stash , i transfer it to my phone for online purchases
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They should consider giving 12 btc instead of pound. Anyway if they come up with a solution to address all the weaknesses particularly on the mining part, the person will deserve more than that.
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My sister is 13 years old, just entered to the junior middle school. She told me her teacher gave a lesson about bitcoin. I was really surprised at the news. She learnt what is bitcoin and how to mine it.
Are you sure? Name me the school and the subject they are teaching. I would accept if you are telling me it is part of university research but for 13 yo? |
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That button is supposed to be the button to execute command to clear off dust payment right? But that should prompt a confirmation or warning message before you proceed. That sucks real time. Feel sorry for you. The only thing can do is to write to the support staff. Unless those involve huge amount, it is unlikely you will get your money back
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Well for me it's not that i don't have confidence in encryption technology and how advanced we have progressed, it's just that i would still favor good old method of trying to remember things. One part of the password in a safe box, fire proof of course and not letting anyone know which account is for. The other easy to remember part in my head... talk about old school |
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After having followed closely on this subject, i must say the more we try to provide a solution and using different approaches to solve the core issue, the more problem we will end up creating. In fact for me, the word 'central' bank itself already defeats the decentralization concept of bitcoin we are trying to achieve here. Alas...
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If were for me, i would buy at the dip. Doing this will at least mitigate the losses provided that you have the fund. If i bought 1 btc at 400 and bought another btc at dip when price is 300, i would only need 350 to break even. At least for now, price has rebounded back to 390. In a nutshell, i won't put everything i have on first buy. Save the bucks for the subsequent one. Anyway this is not fx when you have a margin call. Anyway for those who bought at 1000, nothing much can be done unless seriously you have the cash. I'm waiting fir it to hit the magic 100 though |
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Sometimes online stores have a way to attract customers. "Bitcoin accepted here" should become a selling point to attract customers especially the bitcoin community. At least for us we should play our part to support and encourage these stores.
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Just to keep things realistic at least we should aim for at least 70pct market adoption before moving towards another level.
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At least for whatever reason, it is a good thing don't have to use credit card or having to link bank account. Use of debit card means nobody can overcharge whether accidental or due to other reasons. Usually i will load certain amount of credit to the card so that it can never go over the amount i will allow to spend. Not to imply anything on circle because i see them solving a lot of issue to reload btc.
Had bad experience once using other online service paying by credit card when the amount charge to the card is different with agreed authorized payment.
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Is this still open? If there is I'm joining
I've reserved a space for you if you would still like to join. There's 2 slots left. Thanks That's great I've changed my signature Here's my btc address 13P79evhLXBDDRXDsB6KHggiRK4MxhYNg1 Profile stats: Total posts: 161 Rank: Member Thanks for including me |
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Is this still open? If there is I'm joining
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I just have one comment to make. "Simplicity" is still the keyword. If we start to make exceptions, setting criterias, started to make categories, fine with unnecessary waiting, doing one form of exchange to another to make it work, forcing oneself, taking unnecessary risk....... THEN by all means that is not 'Simplicity'
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One thing i couldn't agree more on what is written in the article is that enthusiasts especially only focus on the positives, and to certain extent blinded and completely ignore the dark side. For the coin to progress we need to see the whole picture, admit the flaws and find ways to overcome it
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Alright, since the general consensus is that stealing bitcoins is illegal.
If I discontinue the use of communication with said person (from a way that can be linked back to my IP address) and continue the conversation on an anonymized, encrypted email, with TOR, a VPN, and tails, and then execute said plan, law enforcement would have no way to prove that it was me who committed the crime and I would not be held accountable due to lack of evidence that it was me, correct?
I think you're try to plan to steal BTC of something else with monetary value; so, I shall stop giving you legal help to avoid being held responsible of aiding someone to commit a crime. Go earn legit BTC instead of trying to learn to be a scammer & thief. [..] And that kids, is why we use ESCROW when dealing with complete strangers. . Lol i start to develop the same thinking as well. The more we brainstorm, the more ideas and methods are coming. |
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Not sure about the legal part if the law in the country did not clearly touch on crypto payment but one thing for sure it's definitely morally wrong.
Hmm. I see an interesting topic for debate by the OP especially on the anonymity of the address owner
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Which part is wrong? When i make purchases at the retail stores, once i get confirmation which is probably less than 2 minutes, i can just walk away with the goods. Doesn't matter what the posting date is. If there is a reverse tx, the name is clearly printed.
With bitcoin not even having its first confirmation within 30 minutes, do you think the guy will let me walk away even if i show him the transaction screen on my phone? The sale is not going to move to next step if neither party receive some form of trust and assurance that 'hey we have an agreement'
Where you say "confirmation which is probably less than 2 minutes" with respect to credit cards. The "credit available" check is essentially equivalent to a 0 confirmation transaction. In the case of fraud, your name does not help the retailer. It is not like they check ID for most transactions. If we can stick to the topic here on transaction time and bitcoin viability in a day-to-day application rather than deviating to credit card fraud. Also for your info, how credit card company handle transactions differ from country to country based on financial systems. Edit: put in the second paragraph in case you miss out |
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