china isn't.

china was never relevant. but its us westerner that are realizing this fact, and its us that is making them irrelevant

translation:
altcoin trying to take publicity from bitcoin... but is not bitcoin

summary:
stay at $100 a day limit with a $1 MAXIMUM fee to pay per day. or upgrade to then have higher limits and pay $30 fee which equates to a SET $1 per day on average.

i see it as prepaying a months worth of fee to have over $100 limit

but be warned if you dont average $100 a day for the whole month, then it may cost you more then 1% on average if your on the monthly plan.

also be warned that bitpay wont explain it clearly.

it remains confusing when they say:

does that mean if you receive just 1 transaction or a few transactions that only total... well $30 that they get to keep it all.
i hope that if your transactions do not total $3k for the month. they will treat it as 1% fee and only take 1% of the value below $3k. meaning in my example that if for the month you only do 1 or a few transactions totalling $30, they take 30c and give you $29.70 (not keeping the $30)

the super computer was mining off hundreds of CPU's.. for stuff like genes research CPU power is great. but using all the CPU's for bitcoin mining was not economical. these days a single ASIC is more hash power efficient then 10,000 CPU's

the OP should not be a retailer with the mindset he has
after all, buying tins of baked bans and selling them for profit is bad (pyramid)

the OP should not be a employee with the mindset he has
after all, using your muscles or brain to get money is bad

the OP should not be a manufacturer with the mindset he has
after all, making products and selling them for profit is bad (pyramid)

the OP should not be on government benefits with the mindset he has
after all, not working, but getting money is bad (ponzi)

the OP should not have family to support him with the mindset he has
after all, relying on others to give you money is bad (ponzi)

so now the OP realises making money is bad. he should just steal what he wants and hurt who he wants, just to survive. as long as he never makes any money.

[Sarcasm Level: [lllllllllllllll] 99.8%]

no one cares much about the 'title', it's more about if you sound like a noob and have less then a couple hundred posts you will still b called a newbie in many peoples eyes.

i have in the same respect sen people with only a couple dozen posts, but their posts are logical, rational and worth reading, and many people did not consider them to be a newbie.

so dont worry about the post count. and DO NOT just spam worthless messages purely for a post count promotion. as you wont win any favours/respect

good lad for having fast reactions. and please do not feel that nothing will happen due to it being bitcoin.. a crime is a crime. so here is what i think the charges should be
theft (mobile phone)
assault (pepper/tear gas)
extortion (threat to gain your password to steal your assets)

why ask us?

you'll be better off asking them, and adding in hints on how easy it is to implement by linking them to coinbase/bitpay.

sitting around asking outsiders, while not informing insiders is a waste of time

+1

if your job was to look into genes, and they found out you were playing farmville, looking at porn or mining while using the agencies systems, expect to get sacked.

although this is old news (about 2 years now) its not about banning bitcoins, the news is about a guy that was not doing his job and costing the agency money by wasting electric on non contractual purposes.

im not even sure why coindesk is bumping old news but i am sure of why the OP wanted to twist the words in such a way..the OP is obviously a tin foil hat wearing, government hating conspiracy theorist that thinks that its a ploy against bitcoin..

.. moving on

tulip bulbs are grown, and can be regrown at a unlimited amount. the reason tulips succeeded at first was that it was new and everyone wanted it, but once everyone was growing them, they realised there was no limit and that there was no control on growth.

bitcoin is not a tulip. there is a limit and control on growth meaning there is a easy to calculate supply that cannot be messed with or over-saturated..
[/quote]

your talking about pyramids and ponzi's. because there is a limited supply you cannot endlessly just hand out worthless coin to new customers and force those customers to sell it down to a next person. bitcoin is a limited supply asset, so those buying it not only have more benefit to hold it rather then sell. but they can use it on atleast 50k merchants so far, so its not a pass-the-parcel.(rob peter to pay paul)
 pyramids would be if today a guy made bitcoin for $1 and he called himself the top dog, and he had 5 distributors who contractually sold for $2. and each of those 5 had 5 of their own resellers who sold for $4.. and so on and so on.
but bitcoin does not have this hierarchy, everyone today are buying and selling to each other at the $600 average. there is no top dog supplier selling cheap and layers of people below him selling at profit.
[/quote]


you seem to be reading the propaganda of 2012, from noobs. you are not reading the actual real information from proper researched sources. governments, tax offices have all validated bitcoins features of being an asset and not vapour/monopoly money.

the question to ask yourself is
would you trade in gold, antiques, art, cars and other assets. and is the problem simply that you feel because you cant touch it with your finger you dont understand it?

bitcoin is not a physical asset but a digital asset. it is as valid, legal, useable and tradable as what stocks, shares and gold contracts are. but with the extra features as being used as digital bank notes. and the extra benefits of not being controlled by a 'top dog' /government/entity

everyone is on the same level. its what true money should be

firstly it was his invention, so i think he deserves whatever funds he can make

secondly if the devs made it possible to delete coins, then the whole system would become corrupt.

imagine it this way. in 10 years time i found out you.. yes YOU gathered 100bitcoins when they are worth $10k.. and some fool decides you dont deserve a million dollars. so they use the code to delete your stash.

oh wait.. now your worried... because now its affecting your stash and you cant do anything to stop it.... just like you desire to happen with satoshi. delete his coins without his permission, consent or any ability for him to stop it

agreed seeing paypal do chargebacks, seeing banks refuse wire transfers already does make bitcoin look better and more easy to use once people are inside bitcoin. there are many things that people at first see as a good thing (bank services) but when then the shroud of deceipt is revealed, people soon shift their opinions about alternatives from negative to positive.

i seen the same happen about discussions about immigration to, the sheeple propaganda that we should stop immigration.. then later the reality that it also means that we cannot move out to other countries either. and they realise that government plans shown to us as protecting or helping us, is infact making us victims of the nanny state.



you carry on smoking your weed. ill us proper bitcoins on the proper blockchain. but i do like your subtle plug

dont sell your coins then

keep them and they wont be owned by a greedy corporation, but if you sell them then you obviously dont want bitcoins so in that respect it wont matter to you because you seem to have preferred to go back to fiat

version 0.1-0.9 were all vulnerable. the version 0.9 was not released due to heartbleed, it was a standard scheduled release. no one in the world knew about heartbleed at this point... but it just happened to be around the time that the separate matter of heartbleed became public, and as such the dev's released a 0.9.1 update pretty quickly

now if the OP's question was, what does bitcoin NEED:

drop shippers that accept bitcoins and send out products at wholesale. EG coffee beans, clothing, long life food, beverages etc. stuff that merchants can order using bitcoin and then sell themselves, thus completing the supply/retailer/customer chain.

thats the point of the graph... bitcoin is not already a global reserve currency.. the graph clearly shows its not one prior to 2014.......


the graph is pointing out that, its getting near to the point (hopefully this year) to BECOME!! a reserve currency.


+1 atleast you get it

alot of you are obsessed with websites. yet the OP said NON-DEV.

so here goes
consultant
PR
advertising
product supply (drop shipper)
bureau de change agent in your area
broker
advisor
distributor
product testing
blogger/media
self employed services (EG landscaper, handyman) paid in bitcoins

just think of something that can be done with dollars that interests you. and to it with bitcoins instead

centoshi is a hundredth of a satoshi.. definitely not 100 satoshi

a few reasons, purely based on psychology.

1) when someone gains bitcoin but does not want to sell into dollars because $450 was too low, they go and play the altcoin market to try turning their bitcoin into more, so the buy altcoins and try to day trade them to get more bitcoin. then on the 'shocker' days when they see bitcoin jump near 50% they drop their altcoin trading even at a 1-10% loss, to get back to bitcoin. so they can try selling bitcoin at $650. thinking they have made over 40% profit

2) following on from point one. some people who still have no temptation to sell at even $650, still feel inclined to drop altcoins and just sit on their bitcoins, as if holding the bitcoins means something..

i personally do not sell bitcoins for dollars. i do love to buy cheap altcoins whilst everyone else is scrambling to get back to bitcoins. after all if i can buy an altcoin for under 200sat and in a few days after the pandemonium is over it jumps back to 400.. i have doubled my BTC and the BTC is still valued in the $600 range.. meaning instead of just sitting on BTC, i get to double it.

i have no clue why people sell their altcoin at a small 1%-10% loss to then just sit on the bitcoins and watch the dollar prices spike.. it makes no sense, but people do it.

you questioning it like its not right....

so you are saying if your debit card was stolen you dont want them to prevent further transaction

so you are saying if a wire transer was spotted going to a bank account that was suspicious you wouldn't want them to stop it.

instead you would want them to type up a letter explaining that funds are moving out of your account, post it to you and wait 14 days for a response.... oh wait hackers and pickpockets have now raided you dry... and its gone

banks privilege is to halt any transaction they feel is 'iffy'. sometimes for our benefit, sometimes to cause us hassle. all in all when most of us are earning a wage in bitcoins and buying groceries and paying rent, all these little issues wont be a problem to us as we wont be using bank accounts at all.

but the point is, if you want someone else to look after your dollars.. expect them to do things without your permission or warning, afterall thats the service the banks give, love or hate it.

this is why western union, paypal gets business. for those who hate bank wire transfer rules, its also why bitcoin is getting popular. so either learn the banks FIAT rules and follow them to the letter. or take your money elsewhere if you cant follow their rules.

its your money, but its their service.