There's a consistent theme that I see popping up on here that I find rather fascinating, and that is the way that many posters perceive BTC.
What do I mean? People doing things with BTC that they'd never, ever dream of doing with their dollars - gambling as an 'investment', or gambling at all, pouring coins into bullshit investment schemes run by totally anonymous showers of shit, lending on here to shambolic morons, asking the question 'where do I get free coins?'
Considering how much of a pain up the arse it can be to obtain coins and keep them safe and their future potential, I find it bizarre that there's such an extreme disconnect. I would've thought it should be at the opposite end of the scale but that's clearly not the case for many.
Why do you think this attitude has developed and where do you stand yourself?
Greed.
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I'd likely be in favour of doing nothing. Let it self-regulate.
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Whats your thought on this?
For a lot of criminals Bitcoins are the perfect tool to launder money or not? Almost no trace but still they have to explain how they got the money once they convert it back into dollars.... Will this become (or already is) a problem? I'm thinking that the anonymity will be a problem for a lot of governments once BTC becomes a well know payment method.
See https://bitcointalk.org/index.php?topic=317658.msg13964212#msg13964212
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ETH realy needs to cooldown a bit, the more you people attempt to pump it now the worse it will be next week, when BTC hits 600+ USD. It is not smart to ignore such BTC upside potential and invest into expensive altcoins now.
BTC will not hit 600 next week or next month. Yes, it will.
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...As predicted, the war on cash escalates.
European Central Bank votes to ban the €500 bill which would eliminate 30% of the euro supply.
The U.S. Should follow suit soon by banning the $100 bill which would remove ~50% of the gobal dollar fiat.
The rationale of course is that unless you're a drug dealer or a terrorist you don't need large bills.
And the earth muppets slumber...
"The recent Harvard study suggests — guesses, really — that about $3 trillion changes hands each year in international money laundering, drug dealing, terrorist financing, corruption, and other crime. Most of that involves cash. If they can’t use cash, some will find another way. Some will use gold. Some will use one-carat diamonds. Some will use London real estate. And some will use bitcoins." http://www.marketwatch.com/story/heres-why-you-have-to-start-taking-bitcoin-seriously-2016-02-19I am not sure if elites are doing that on purpose or not but if serious criminals start mass-using cryptocoins it is guaranteed that we will not see any regulation happen any time soon or ever. Unless there are regulators brave enough to mess with Jakuza, Cosa Nostra and others alike which I totaly doubt. Like hackers defending cryptocoins, shutting down any shit out there, would not be enough.
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Still going higher. At this point up 10x from a few weeks ago. I wonder if something is up? Seems a poor candidate for a takeover scam given the very, very slow emission curve. Assuming it's not abandonware, XCN was (is?) very oversold. Mini-blockchain is still a very cool idea, even if Nobody Cares at the moment. +1 Too bad I sold my XCN below 50 Satoshis some months ago after realising developer is actualy not a coder.
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I dumped all my coins yesterday, luckily not at a fiat loss since bitcoin doubled in price since last august when i bought this coin. Sick of having dead money sitting there when i could be making better use of it day trading with it. This coin has no liquidity and never really has. IMO its dead as a dodo and will not recover. There is no reason for it at all anymore and there is no reason for start join anymore. IMO its another failure from max and co. Good idea just 'the crowd' are not interested and i think the whole concept of giving your money away on start join is totally flawed. However i may be back around may June to see who is manipulating a pump on this coin.
Well, it is definitely a good idea to not have much money locked into some altcoin at the time BTC is booming. But one can have a small position and end up just fine later, asuming a major pump.
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ETH realy needs to cooldown a bit, the more you people attempt to pump it now the worse it will be next week, when BTC hits 600+ USD. It is not smart to ignore such BTC upside potential and invest into expensive altcoins now.
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So, I might finaly start messing with all that VPN stuff whatever it is, nice!
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The best wallet loading splash screen ever, period!
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so so, anybody still following this? it is still under active development, or they fucked up everything and only hangover remains? Traded at Poloniex, online wallet at https://xdp.plddr.eu/ and explorer at https://dogepartychain.io/ is all I know.
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I have not even heard of this coin before. What is this altcoin about? What special feature does this coin over others?
PXC was pretty famous in 2013, a bright coin from the 1st wave, abandoned in 2014 now listed at Cryptopia arising from the ashes? a very small market cap <$10,000 and a pretty broad distribution Is it because the devs team did not push this coin hard that year that it almost became obsolete they shouldn'r have not abandon this coin instead they transfer the ownership to a more capable team,they could be in a better place if they still work on it.. It is much better to have scammers, incompetent and stupid ones out of the game early than later, when they could do so much more damage. Right now, pretty much everyone into PXC is strong hand with long-term target, with minor dumps occuring only by miners to pay electricity. Filtering phase is long over. What is left to see is how high this coin go, it can not realy drop much lower. https://safecex.com/instant?q=PXC/BTCDump of 25% coins (there are under 50 millions mined right now) would result in only 0.2187 BTC earned which is so low probably no one is dumb enough to do it, asuming he has that much coins.
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I learnt something from the MTGox collapse (even though I didn't have any coin there - that site always seemed fishy to me): never, ever, trust a third party to host your coins. Security may be offered by banks and states (at least to some extent) about "real" currencies, but in the cryptcoins area, crooks are everywhere and there is no guarantee, whatsoever. Never leave your coins on some site: if you need to trade, move the coins there, do your transaction and get the result back ASAP.
It is actualy better to have your coins on 10 locations than 1, weighted based on how much trust you have for those locations. For example, keep 50% BTC at your local wallet, 10% at Poloniex, 5% at BitTrex and so on. You never know when troubles might hit including you losing your local wallet for whatever reason, maybe some punks find out you have BTC and decide to break into your home to steal them? They would eventualy manage to make you give them those 50% coins but 50% others would stay elsewhere, if they are unaware you have them elsewhere you would end up much better than if you have all BTC at local wallet. Decentralize everything!
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Up to 100% holy cow, where that came from? Have you found the way to tap into black matter?
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Have a ton of it somewhere. On cryptsy i think
So better withdraw them before Cryptsy goes offline.
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