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2521  Economy / Economics / Re: Dirty coins on: February 12, 2015, 11:40:16 PM
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.
2522  Bitcoin / Bitcoin Discussion / Re: Are you ready (not just willing) to make payments in Bitcoin? on: February 12, 2015, 04:21:44 PM
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.
2523  Economy / Speculation / Re: What will happen if we go lower than $215? on: February 11, 2015, 10:44:06 PM
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.
2524  Economy / Speculation / Re: Digital currencies ‘to falter in 2015’ on: February 11, 2015, 10:42:56 PM
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.
2525  Economy / Economics / Re: How will a Greek exit from the Euro affect BTC? on: February 11, 2015, 10:37:55 PM
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!

2526  Bitcoin / Project Development / Re: Starting a bitcoin exchange website. on: February 10, 2015, 10:38:12 PM
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.
2527  Bitcoin / Bitcoin Discussion / Re: POLL - Have you been robbed any BTC? And what OS do you use? on: February 10, 2015, 10:33:37 PM
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.
2528  Economy / Economics / Re: HSBC files show how Swiss bank helped clients dodge taxes and hide millions on: February 10, 2015, 10:28:19 PM
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.
2529  Economy / Service Discussion / Re: Another MtGox happening right now in China! 500 mil.$ lost. Prepare for a crash! on: February 10, 2015, 01:34:32 AM
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.

2530  Bitcoin / Bitcoin Discussion / Re: 6 confirmations is not enough on: February 09, 2015, 05:59:41 PM
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.
2531  Economy / Service Discussion / Re: Another MtGox happening right now in China! 500 mil.$ lost. Prepare for a crash! on: February 09, 2015, 05:53:43 PM
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.
2532  Economy / Economics / Re: Bitcoin Solves a Problem of Economic Isolation in Iran on: February 09, 2015, 05:48:57 PM
They're selling 10/12 pairs of shoes each month! This is not going to change the world.
2533  Economy / Economics / Re: How will a Greek exit from the Euro affect BTC? on: February 09, 2015, 05:45:09 PM
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.
2534  Economy / Economics / Re: HSBC files show how Swiss bank helped clients dodge taxes and hide millions on: February 09, 2015, 11:49:51 AM
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.

2535  Economy / Service Discussion / Re: is cloud mining still profitable? on: February 09, 2015, 12:24:58 AM
It was, like mining at home, but you can't compete with the big mining farms nowadays.
2536  Bitcoin / Bitcoin Discussion / Re: Lower Income Populations More Likely To Adopt Bitcoin on: February 09, 2015, 12:23:09 AM
Really? I'm not sure the people surveyed were fully representative of the general public.
2537  Bitcoin / Bitcoin Discussion / Re: Bitcoin Wars? on: February 09, 2015, 12:20:10 AM
The drug dealers will win hands down.
2538  Economy / Economics / Re: Total number of bitcoins. on: February 08, 2015, 07:07:51 PM
Let's get real, the total number of BTC as of today is about 13,7 millions.
2539  Bitcoin / Bitcoin Discussion / Re: Former CEO of UBS & Credit Suisse: Buy Bitcoin on: February 08, 2015, 07:05:27 PM
Quote
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.
2540  Bitcoin / Bitcoin Discussion / Re: why do certain BTC ATM's require ID verification? on: February 08, 2015, 06:58:30 PM
I have never seen BTC ATM in my life lol..
Maybe to verify if they are cashing out "Black Money" (Black Bitcoin) Tongue

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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