I believe in organization. Miners' duty is to mine, to process transactions. If someone, acting like a police force, wants to follow illegal transactions, that's fine, but we should not give that role to miners.
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I don't trust smartphones. I'm doing all my online financial activities sitting in front of my computer, with a full keyboard and a cable connection. Still, I may consider BTC for some special purchases, but if I just want to get a soda, nothing beats cash.
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This article: Is $215 The Lowest We Could Go? ...says that we could stay at $215 and maybe that will be the lowest that we could go. Just a questions, what will happen if we go lower than that? The same which happened last month when BTC was at that same level.
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Please, not again. There's another topic on that stupid Juniper report. Those guys are only making hypothesis, and the future of BTC is very hard to predict, just like the price of oil. It's always going up or down without warning.
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We shall consider the alternative. Greece gets a new bailout, and some of its debt is cancelled. The instant effect will be a Euro going down against the dollar, which may trigger a rise in BTC's price which would suddenly look stronger.
Either way, the Euro will lose, which is bad but the worse to see the Greeks winning that battle. They are the bad guys. Many African countries are more efficient than Greece!
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Hello,
im trying to start bitcoin exchange website. sell bitcoins for euros, example : a customer wants to buy 1 bitcoin and directly pays me through his bank and gets his bitcoin.
(willing to pay for a engine or source/script)
could somebody point me in the right direction ? dont have a clue where to start.
thanks in advance.
Obviously, the place to start is a bank. Your bank or another, but if you want people to send you wires, there's no other point of entry.
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Besides windows, I've got an online wallet which I use from time to time. There might be more naive people on windows, and it might be easier to infect malware on a windows platform, though I'm not sure there's a big difference.
From my experience, the average BTC user is quite computer savvy.
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Kudos to HSBC who protects their customers from state theft !
(also called taxes)
Thanks for your support. I thought I was the only one here to side with the individual against the mighty.
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That Mycoin company was using the BTC aura to serve its own interest, it could as well have promised some anti-aging medicine. The only goal was to lure naive investors of a huge return. BTC should not crash because of this.
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Look at the following scenario:
I send 1'000 BTC to an exchange. After 6 confirmations my account is credited and I buy 1'000 BTC worth of altcoins and withdraw them. Then I create a double-spending transaction that sends 50% of those bitcoins to another my address and 50% as the transaction fee.
What will rational miners do? Depends on the amount of the fee and number of confirmations I think. It would be interesting to see the formula that tells what values are enough to convince 51% of the miners to re-mine the last blocks...
A rational miner would not process a transaction with a 500 BTC fee. It just stinks. You think right away that there's something wrong.
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Topic's title needs to be changed. This is not about an exchange like MtGox but a company which was selling dubious investments, ponzi-like somehow related to BTC.
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They're selling 10/12 pairs of shoes each month! This is not going to change the world.
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As it has never happened before, it's hard to predict the outcome of a country leaving the Euro zone, but I sincerely hope Greece will be kicked out. It will be a huge shock at first, but the Euro zone should quickly get better without that black sheep. Greece is only dragging down the Euro. Nobody benefits from its presence. It's only a burden, and it will take decades before the country gets better. Why should the people from Northern Europe help them? Greece is useless and unneeded, with a new prime minister that barks like a mad dog.
It's a beautiful country, though. There might be a few Greeks rushing to buy BTC if the country goes back to the drachma, but I don't expect a sharp rise in its price.
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I love HSBC.
This is what a proper bank shall do. Protect the assets of its customers against the evil hands of the nation state.
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It was, like mining at home, but you can't compete with the big mining farms nowadays.
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Really? I'm not sure the people surveyed were fully representative of the general public.
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The drug dealers will win hands down.
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Let's get real, the total number of BTC as of today is about 13,7 millions.
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Das einzige Investment, das nachweislich seinen Wert über einen längeren Zeitraum hält, ist Gold, und in Zukunft sind es vielleicht noch Bitcoins. Bei Gold und Bitcoins ist die Produktion limitiert. Nicht so bei Geld. Die Zentralbanken können unbegrenzt Geld drucken und sagen uns das heute auch ganz klar. Es ist deshalb nicht werthaltig. The guy is not very friendly with central banks, and there's no way he could have said that while in office. Basically, he only compares valuables things, some with a fixed supply, gold and BTC, with those with an unlimited and unrestricted supply: fiat from the central banks.
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I have never seen BTC ATM in my life lol.. Maybe to verify if they are cashing out "Black Money" (Black Bitcoin) I've seen one! It looked kinda handmade with a slot to insert bank notes. It was in a co-working place, next to the bar, and I can't imagine anyone using it for large transactions.
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