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261  Economy / Economics / Re: Bitcoin or gold? on: July 04, 2016, 04:29:03 PM
If you are clever you know that gold will always be the number one paying method in the world. But there will be always some times for bitcoins
bitcoins is more for investments you know it is not really a payment method it can be used as but it is not good.

No, you would know that gold will always be the number one *storage of value method* in the world.  Currencies have always been backed up by gold in some way, until recently... and in the very distant past, yes, they did pay with gold; but there was an issue of being able to divide it.  So it's like going in with a $100 bill to buy a pack of bubble gum and the store doesn't have any change.

Now and days it would be dumb to go and try to pay someone in gold because of that problem, but if you wanted to store your value over a long period of time and not succumb to fiats devaluing nature over time, then gold would definitely be your best bet.  Like if you saved up enough money to buy an Oz. of gold every year for 30 years, you will be looking a lot better than people who put the amount of money you purchased gold with into banks.
262  Alternate cryptocurrencies / Altcoin Discussion / Re: If i have to invest 300 usd. Which alt coins would you suggest ? on: July 04, 2016, 03:56:22 PM
If you're going long buy litecoin.

Don't go with the fad of the month and don't go with already pumped coins.

What good does buying litecoin do?  It's essentially just a direct replica of bitcoin that sorta acts as a sidechain that tries to be quicker in tx speed.  It's stagnant as of right now because bitcoin development has been stagnant in the limits with the size of the blocks.  If you are suggesting buying litecoin, I would just go ahead and tell OP just to hold bitcoin because they are in complete correlation with each other.

Other coins you might be wanting to look into are the ones that are obviously trying to do something different than what bitcoin is doing right now.  Eth is obviously a good one, cryptonite/privacy centric coins are another good one (Monero, Dash, etc.).. Just make sure to try and do research your self before buying into some hyped coin.  Go into the community, ask questions, and if you don't understand why the coin is good yourself, then I would advise not to buy it. 
263  Bitcoin / Bitcoin Discussion / Re: Bitcoin without Altcoin ? on: July 04, 2016, 03:51:09 PM
I think Bitcoin without altcoin is possible..
Not like Vice versa.. Without Bitcoin.. Altcoins are useless
of course bitcoin could be easily without any altcoins because bitcoin is the main currency that is used by most of the people and the currency that has a lot of potential to grow pretty soon

i think that all the altcoins give people a great possibility to make a lot of money that means that altcoins attract a lot of new people to bitcoins, though it would still possible for bitcoins to exist
personally i agree with that and i like the idea of altcoin,mainly because it may really make me a big profit,the bitcoin is best example.
Imagine the same thing which happened with bitcoin is gonna happen with let's say ETH,how many people could get insane profit!!!

While a very large majority of altcoins are mainly for the P&D's, I wouldn't classify altcoins as being used just for the game of profit margins... Altcoin usage and developments keeps bitcoin in general more honest by testing out new code for the purpose of trying to fix a "flaw" in Bitcoin. 

With ETH, they are trying to do something completely different, and whether you think it's for a good purpose or not... they aren't just simply copying a line of code and trying to get people into it and pump it to the moon.  Other coins do this as well that deal with cryptonite algorithms.
264  Other / Off-topic / Re: what you like best in Bitcoin ? on: July 04, 2016, 03:46:46 PM
for me Bitcoin allows me to hold some saving out of the banking system and the hands of the government.
wow i never thought about it.You are pure genius man,i will do the same since today.
The best for me is that btc is actually a big buissness where i can make money on internet.
I dont have to go to work,physically or something.I just sit in front of few desktops and doing few things.My way of living Smiley

I hope that you form of making a living isn't sitting on this forum and posting on some accounts for signature payments.  I mean it's a nice way to earn a little bit while passing time, but no means of earning a decent living. 

But, if you are a developer of some kind or own a nice looking website that runs as a business of some sort, then yeah, you have the ability to earn some big time money.

But I do like the analogy of having your own separate "savings account", because essentially that's what I use it for.  I like to keep a little bit of wealth in bitcoin and a little bit in other promising looking alts, rather than P&D's, and continually just keep putting a bit of money I earn IRL into cryptos, no matter what the price is.
265  Economy / Service Discussion / Re: Dark marketplaces? on: July 04, 2016, 02:08:48 PM
Hello Dear,

I have a question and i hope someone can help me out. I see on the Tor network a lot of dark marketplaces where you can pay with bitcoin. My question, how do they make those markets? Is there any tutorial we can find?


Im afraid no one will help you about it here,the problem is this is clearweb and nobody wants to get trouble: if you know how to
launch darknet market,you are probably have some share in one of them,what could be a reason that law enforcement will get you.
Look for it in darknet forums better.

Even tor is known to be a little "iffy" when it comes to the level of anonymity it provides... So going on those forums may be a little sketchy; not to mention if you are running an exit node you can really hinder your since of security.

I2P markets and forums might be a little bit better... I've read it provides a way different service which can be deemed as better than tor because it is it's own internet, rather than masking your ip with tor.
266  Bitcoin / Bitcoin Discussion / Re: Best long term cold storage? on: July 03, 2016, 06:19:06 PM
What I have done is printed out a couple of the same wallet and have them in secure "hiding spots" in the house... I mean you could open up a deposit box at a bank, but you would have to put trust in the bank...

In the end you will have to trust that someone will never find it or that you won't lose it... whether that's trusting your self, your hiding place, or another person/device.
267  Economy / Economics / Re: Bitcoin or gold? on: July 01, 2016, 08:16:53 PM
If you want to be a successful entrepreneur?, never settle for one class/type/mode business only. For there is no assurance of its long term stability. I would advise... If you have a minimal amount  of funds better invest it in BTC increase its profitability, you can search on some ways here in the forum. And after sometime of accumulating funds, then better invest in Gold or any type of Profitable Business preferably that produces passive income. Real Estate would be better though. In my country Real Estate is still the best income generating asset, Providing products and services is next.. 

Real estate?? Dude, have you not watched the Big Short?!? 

Lol, but really, I understand what you are saying here... but I don't really trust the real estate market that much, and will only invest in assets that provide some utility and serves as a store of value, such as silver and gold, along with crypto currencies.  Real estate works if you get lucky with a piece of land that is very unknown and you know of something that is going to cause more people to travel and want to move to that place...
268  Economy / Exchanges / Re: Buying Bitcoin with cash on: July 01, 2016, 08:13:44 PM
I mainly buy bitcoins through localbitcoins and mainly use cash deposit for my transactions... this is generally one of the more "safer" and "cheap" routes of buying bitcoins through there.  It's really simple to buy with cash... here's what you do.

1) After you have signed up and everything; go and find a ad with a cheap rate on local bitcoins.
2) When you find what bank is the most convenient to do business with the other person (sometimes, people will have the option of multiple banks)... go to that bank (you don't need an account there).  You can even just drive through the drive thru and ask for a couple deposit slips.
3) After you get them, you can go ahead and request a transaction for whatever amount (usually has to be an odd number like $257.52) and he will give you info like what account name/number he/she/they want you to send the cash too.  Once you make the request, it automatically takes that amount of bitcoins they have on their localbitcoins wallet into an escrow account to hold until you make the payment and mark it "complete".  MAKE SURE YOU ONLY DEPOSIT CASH. Don't try checks.
4) Different people have different request that you have to do before they release the escrow.  Usually you have to take some type of picture of the receipt the cashier will give back to you, with some sentence you have to write on it saying you purchased bitcoins from that specific person.

Usually after that, they will verify that you made the payment and will release the bitcoins to you!  Usually the whole process takes no longer than 10-15 minutes.  It's way more convenient and safer (in my mind) than any other way to purchase bitcoins.

Hope that works out for you!
269  Bitcoin / Bitcoin Discussion / Re: Will bitcoin service be able to provide the loan on: July 01, 2016, 07:59:57 PM
If we are comparing bitcoin transaction with banking transaction what about  providing loan

Yes.  People and/or businesses with bitcoins can loan them to you if they want to.

Absolutely... and if you think about it, it's kind of easy to see this connection and that bitcoin could easily be loaned out to people, from people; rather than people going to the bank. 

Bitcoin is meant to be a Peer to Peer cash system.  To do business, whether accepting payments, paying your employees, or whatever; bitcoin enables and kind of nudges you to do that sort of business with other peers that would like to provide that certain service.  Now, if bitcoin becomes more popular... then loaning services might become more centralized... but that's another story, I guess.
270  Other / Off-topic / Re: What's your least favorite thing about Bitcoin? on: June 24, 2016, 01:14:49 AM
for me the least favorite thing about bitcoin is the long address for receiving the bitcoin, i understand it has to be that way but some alias system for addresses would be great.
Nothing worst than waiting more than one day for your Bitcoin to be confirmed.  The long confirmation and the rule on confirming the transaction is annoying.  Worse some one can beat you in confirmation queue if the have a transaction fee greater than yours.  You are lucky if you forgot to put a transaction fee and be confirmed at less than an hour.   I hope they modify / hasten the bitcoin confirmation process.

Confirmation does not take long if you put the default transcation fee . Also most sites will confirm your payment after even 1 confirmation so that not a big deal in itself. For me nothing is less favorite in bitcoins.

Yeah I don't know why people keep on complaining about the confirmation time, I don't find it as a major problem, as of now I am completely satisfied with bitcoin and I don't have any issue with it.

Well there is going to be a big problem for people that can't adjust miners fees with their current wallet setup when the halving comes, because since the fees will increase then I feel that a lot of peoples transactions won't ever confirm with where their fees are set at as of right now...

But I mean, it's already slow-ish as of right now and every block are always pretty much filled... so the more people that come in, the harder it is to get any transaction confirmed.
271  Bitcoin / Bitcoin Discussion / Re: Coinbase has partnered with Paypal - Officially! on: June 24, 2016, 01:00:22 AM
Its an awesome news, if paypal is fully integrated with bitcoin then it will make the global transaction easier, recently coinbase keeps on innovating new way and system to atrract their customer

Yeah, but at the expense of privacy and everything that Bitcoin stands for. 

Look, I know that people want Bitcoin to become mainstream and want everyone in the world to be exposed to Bitcoins; but at what cost?  If Bitcoin is going in on a "partnership" with paypal, how does Bitcoin differ from any other fiat money transfer if it is willing to become somewhat reliant on what paypal has to say?

It just seems stupid to make this once P2P "digital cash" system we once had reliant on the most dictatorship of a money transfer service there ever was.

coinbase was never private.



I mean, I understand that... but I guess I'm just thinking in the "two wrongs don't make a right" type of way.

It just seems that this is just another step for Bitcoin to all governments/corporations/banks to regulate and control bitcoin... idk, I mean different people seem to have different feelings than me in that I think that Bitcoin should be as private as possible rather than as adopted as possible... People only like this news because of the fact that it means that more people might end up buying/selling bitcoins which means more money liquidity; but I for one think that there has to be a better way for getting people to adopt cryptos/Bitcoin.
272  Bitcoin / Bitcoin Discussion / Re: Coinbase has partnered with Paypal - Officially! on: June 24, 2016, 12:35:47 AM
Its an awesome news, if paypal is fully integrated with bitcoin then it will make the global transaction easier, recently coinbase keeps on innovating new way and system to atrract their customer

Yeah, but at the expense of privacy and everything that Bitcoin stands for. 

Look, I know that people want Bitcoin to become mainstream and want everyone in the world to be exposed to Bitcoins; but at what cost?  If Bitcoin is going in on a "partnership" with paypal, how does Bitcoin differ from any other fiat money transfer if it is willing to become somewhat reliant on what paypal has to say?

It just seems stupid to make this once P2P "digital cash" system we once had reliant on the most dictatorship of a money transfer service there ever was.
273  Other / Beginners & Help / Re: how to make money on bitcointalk without campaigns on: June 24, 2016, 12:29:06 AM
Just a reminder, Bitcointalk.org is a forum established for people to gather and talk about Bitcoin. We are not here to make money, as you put it. The payment from these signature campaigns,

are just a added bonus feature of this forum over other forums. It also stimulates Bitcoin adoption, by placing bitcoins into people hands as a reward for something they brought to the table. In

this case... quality posts are being rewarded. If you came here solely to make money, you came here for the wrong reason. Signature campaigns also shows off one of Bitcoin's main features, eg.

micro payments. These micro payments would not have been possible, with other payment options... because of high fees.  Wink

Yep, pretty much this... I understand why people are so worked up to receive bitcoins "for free", but it's like a majority of new people on this forum are pretty dead set on "working" for campaign signatures all day and so on.  This isn't the point of signature campaigns... like you said, it's just an added bonus for coming on here every now and then with occasionally getting enveloped in a topic you would like to discuss with other like-minded people; not get so wrapped up in posting as much "quality material" as you can for the sake of getting your post count/quality up.

I like signature campaigns, just probably not as much as other people on here like them... Sometimes it seems like they are dependent on them.
274  Bitcoin / Bitcoin Discussion / Re: I am pretty confident we are the new wealthy elite, gentlemen. on: June 23, 2016, 11:03:43 PM
I believe this is true, it's not going to happen overnight, but it will happen

I may happen. There are other coins on the market which offer far more usability then bitcoin. So if you ask me. Will a crypto con be the future. Yes it will
Will it be Bitcoin? Not sure.

What usability, the same that made ETH a doomed coin? Get real. Usability is useless, unless the coin has a solid dev team and Core is the only solid dev team, and they are working on the biggest coin, so Bitcoin has 0 competition.

ETH will go down eventually, we are just seeing whales pumping it to dump it for BTC.

Really? I wouldn't go as far to say that there a NO coins out there that don't have a hard working team of devs that believe and support whatever coin they are working on.  Bitcoin is known to have certain problems which are: fungibility, block size, and tx speeds being the highest on the list; and there are people out there trying to solve those problems...

Now when you automatically get into talking about Eth, that's a whole different story and you are talking about a totally different breed of crypto... I wouldn't even call it a cryptocurrency per se, more like a cryptocontract... so it's not really fair to compare the two like that.  That's not to say that I believe in Eth to "make it big" in the real world type of thing, but just for the sake of argument...
275  Bitcoin / Bitcoin Discussion / Re: Has community ideology changed over time? on: June 22, 2016, 10:40:19 PM
My observation about this is that the strong liberal and anarchist users have declined over the years and the new generation of Bitcoiners are more speculative in nature and out for some profit on the technology. We have moved from a community with idealistic views on changing the world to a better place for all, to a world where everyone just takes as much as they can from the technology to profit the most.

This is just a natural change during a phase where mainstream adoption are becoming a reality and a more diverse group of people are getting involved with the technology. ^sad^

Or it could just be that the "anarchist" type doesn't frequent these boards anymore like they used too... But yeah, I definitely agree that there is generally a different "vibe" from people that flock to cryptocurrencies. 

Before it was more of the dream of achieving financial freedom from banks and governments... now it's the dream of having banks and governments accept and use bitcoin and to have it as "mainstream" as possible.  That, and people here are more the wall street/day trader type of people.
276  Bitcoin / Bitcoin Discussion / Re: Bitcoin Halving on: June 22, 2016, 10:24:29 PM
It very close to the bitcoin halving. Do any big BTC holders have any intention of buying something with their BTC? Are any going to continue holding. One of my friends is planning on buying a phone. He has been storing up for a long time.

It's funny, you know... everyone thinks that it will automatically go up in price because of the halving, which isn't the case...

You still have coins being mined and being put on the markets for sell... I understand having a lower amount of coins on the market, but if you have people that have bought all the coins they want before the halving and then afterward people don't have any more cash they are willing to convert to bitcoins, then you have a problem. 

Simply put, if you don't have people continually putting in money AFTER the halving... then the price isn't going to do anything, and actually will probably go down since people will lose faith in the "rocket 2 da moon" promise people have given them in the past.
277  Economy / Services / Re: ★ Coinroll ★ Signature Campaign ★ on: June 19, 2016, 09:23:57 PM
Tracker's down again. Weekend's nearly over. Still no payment. Zero communication in days from anyone running this campaign. Are we getting a progress report any time soon?

Idk, I've checked my wallet and I still haven't gotten anything from the campaign or been able to log into the tracker... and it's been about a week now for my payment being postponed... so I'm not sure what is going on.
278  Economy / Services / Re: ★ Coinroll ★ Signature Campaign ★ on: June 17, 2016, 12:29:16 AM
I requested a payment about 2 or 3 days ago and still haven't received mine yet... but I would imagine it was the payment for the week before hand, or I missed the deadline to process the payment.  Not so sure when the processing deadline is, but just wanted to state that for the record. Other than that the website still is working on my end. Smiley
279  Economy / Economics / Re: How to earn money with bitcoin ? on: June 15, 2016, 12:28:26 AM
For now the only legit and profitable is joining in signature campaign.
Do not invest 8n gambling sites or hype they are not profitable youll waste your bitcoin also your time. Just keep your bitcoin in your wallet and wait for the right time and sell it
I think investing in gambling sites still have the possibility to earn a profit. investment in the system is the gambling site you would make a profit when the house manang against players. you know that the system of gambling is the house will always win?  Cheesy

If the house always wins no matter what and can make money, then surely investing in the house and betting they will win which they always do will go good for you in the future. Just has to be a trusted one so they don't run off.

Not to mention that with investing on dice sites, you are playing the LONG game, and should not expect to see any substantial ROI within a couple of days or so.  Dice with house odds are of course supposed to win, but they are supposed to win in the long term after hundreds on top of thousands of rolls... then you will have made your profit, as long as they haven't ran off.

To me personally, I don't really feel comfortable leaving money in a site like that and always thinking about it in the back of my mind... I like to know that my money is secure.
280  Other / Off-topic / Re: 2017 Year of the Bitcoin on: June 14, 2016, 11:58:28 PM
It sure is. Anybody reading this, take my word, get in Ethereum.. Or you'll regret it forever.

Oh, got some smart contracting stuff you need to do soon? C'mon, the whole idea of Ethereum is a pie in the sky, nonsensical attempt of a crypto driven business model that doesn't make a lick of sense to anyone... but because it is different from the standard Bitcoin and cryptonote models, anyone can pretend that it is "the next big thing".

The average joe wants digitalized cash, not a digitalized contracts.

I don't think ETH will replace bitcoin in the scene and I agree that the idea of ETH is just a pie in the sky.
But we will see in the end who will be the last crypto standing  Grin

It's not like there has to be one crypto that "defeats them all" type of deal going on.  Ethereum is a completely different animal, and to say that "you will regret not getting in right now" is kind of silly... if you need to do this "smart contract" stuff, cool... by all means... but people are probably not using this stuff for more than just mere speculation and that's it.  So I think that to compare Bitcoin and Ethereum together is like comparing a carrot to soda.
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