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2621  Economy / Economics / Re: Is crypto as a financial investment doomed? on: January 21, 2015, 04:12:17 PM
We need to make a difference between cryptocurrencies and investments. A few people are commodities traders, but most investors don't see currencies as investments. Neither do I. BTC would only get better if people using it as an investment were giving it up.


Put money in expecting to put more money out than you put in = investment.
So yeah, everything can be a investment, it doesn't need to be Forex or whatnot.

My point is that many more people invests in stocks rather than currencies.
2622  Economy / Economics / Re: COINBASE JUST DUMP 75MIL INTO BITCOIN on: January 21, 2015, 04:10:20 PM
We're still waiting for the interesting news: what are they going to do with those funds?
2623  Bitcoin / Bitcoin Discussion / Re: Bitcoin is tax free! on: January 21, 2015, 04:03:40 PM
Bitcoin is tax free!

Bitcoin is protected by militia groups all over the world. Small businesses don't have to pay taxes to militia groups if using Bitcoin.


Good to know! Thanks for info, man.
By the way, could you please give the toll-free phone number of that militia group, so that I can request their assistance in case some government pigs want to tax my BTC?
2624  Bitcoin / Bitcoin Discussion / Re: Fake transactions in the exchanges again? Don't trust your eyes... on: January 20, 2015, 11:26:07 PM
If you're accusing an exchange of wrongdoing, please name it.
Actually, I guess an exchange could do it not to manipulate the price of BTC but simply to look bigger.


All the big exchangers. Bitfinex is one of them :   https://twitter.com/DoctorBitcoin/status/557526205709037568

Thanks for info. I certainly disapprove, but I sure understand.
2625  Economy / Economics / Re: Bitcoin Is Holding Steady on: January 20, 2015, 07:24:21 PM
Makes me laugh to see people talking of stabilization after barely a week without a major fluctuation... Let's wait till the end of the quarter.
2626  Bitcoin / Project Development / Re: Free Pay-per download script on: January 20, 2015, 07:21:54 PM
There's an interesting idea there:

You should be able to limit download speed, so that it takes enough time to check the transaction is confirmed in the blockchain. If the transaction isn't confirmed, the download would just stop.


Waste bandwidth for no reason Tongue. Instead they pay and then 1 confirmation they can download Wink

There's no waste of bandwidth. Not at all, the size of the data doesn't change. You may say it's a waste of time, but it's not because the customer doesn't have to wait for the first confirmation, the download has already started.
2627  Bitcoin / Bitcoin Discussion / Re: What are some reasons you think Bitcoin will grow in 2015? on: January 20, 2015, 07:18:20 PM
Besides BTC's acceptance, the people's awareness is also growing. Talking around me, more and more people have heard of BTC. With limited knowledge, which I can correct, some people are already able to criticize it!
2628  Economy / Economics / Re: Is crypto as a financial investment doomed? on: January 20, 2015, 02:57:52 PM
We need to make a difference between cryptocurrencies and investments. A few people are commodities traders, but most investors don't see currencies as investments. Neither do I. BTC would only get better if people using it as an investment were giving it up.
2629  Bitcoin / Bitcoin Discussion / Re: Spread the Word, Spread the Coin on: January 20, 2015, 11:33:31 AM
I'm spreading the word too, but I've never spread my BTC yet. No plan to do so, can't afford that, but I remember getting my first satoshis via a faucet, and there were plenty of faucets a while ago. It seems they're all gone.
2630  Bitcoin / Bitcoin Discussion / Re: Sucks its nearly impossible to sell tangible goods for BTC! on: January 20, 2015, 11:31:35 AM
If we needed proof that BTC is still in its infancy, this is it. I thought it would be the other way around, that it would be more difficult to buy with BTC than to sell. 15% off by paying in BTC, hey, that's a deal.
2631  Bitcoin / Project Development / Re: Free Pay-per download script on: January 20, 2015, 12:27:32 AM
There's an interesting idea there:

You should be able to limit download speed, so that it takes enough time to check the transaction is confirmed in the blockchain. If the transaction isn't confirmed, the download would just stop.
2632  Other / Politics & Society / Re: What Freedom of Speech in France? on: January 20, 2015, 12:23:23 AM
I guess the US is the only country which guarantees free speech, because it's in their constitution. France? Sadly, this country has been on a downward slope for many years. Putting restrictions on free speech looks a minor event, considering how bad France has become.
2633  Bitcoin / Bitcoin Discussion / Re: What is your favorite Satoshi Nakamoto quote? on: January 20, 2015, 12:15:13 AM
I'm waiting for him to say: "Here, I am."
But he hasn't said it yet.
2634  Economy / Economics / Re: Swiss franc massive rally on: January 19, 2015, 10:54:22 PM
The best part is that unlike BTC, the Swiss franc is expected to remain its value. It won't go down next month.
I would doubt that many people expect it to remain that high. Both a 30% or a 14% jump in a few months (let alone one day) is generally too much for most central banks so their central bank will likely intervene to weaken it in the near future

We shall see this 14% rise as a correction after years of forced stabilization. So there might be a quick 2% adjustment but the fate of the currency looks bright.
2635  Economy / Trading Discussion / Re: Which Exchange to Check the Price? on: January 19, 2015, 10:45:39 PM
There, you'll get 2:

https://markets.blockchain.info/
2636  Bitcoin / Bitcoin Discussion / Re: Why Bitcoin Will End the Nation State on: January 19, 2015, 05:24:31 PM
There are many topics on this subject already.
Please, see that there are several countries without any kind of income tax already, just as there are countries without their own currency. Never underestimate the nation-state, it's a super smart and fast evolving beast.
2637  Bitcoin / Bitcoin Discussion / Re: Perfect Money payment processor adds Bitcoin accounts on: January 19, 2015, 05:17:06 PM
These are not news.

https://perfectmoney.is/

has been accepting BTC for a while.
2638  Economy / Economics / Re: Russia Bans Several Bitcoin Websites on: January 19, 2015, 05:10:50 PM
That only makes it more difficult for the average Joe to get BTC but smarter Russians know how to get around those difficulties.
2639  Economy / Economics / Re: Why do most people think that the price will rise because of the block halving? on: January 18, 2015, 10:52:16 PM
To sum it up, about 4,000 new BTC are created each day, if that goes down to 2,000 a day, it seems logical that the price is going to rise.
2640  Bitcoin / Bitcoin Discussion / Re: 'Bitcoin Box' Can Process Payments With No Web Connection on: January 18, 2015, 10:39:19 PM
"A prototype cryptocurrency point-of-sales (POS) terminal called Bitcoin Box can process transactions without the need for an Internet connection. Instead it relies on Near Field Communications (NFC) and Bluetooth to enable payments."

I think this is a great news, and in the next 5-6 years the bitcoin will be more easily to use.


Hey, NFC and Bluetooth enable some kind of an Internet connection, only less safe, less reliable, and much slower. Then, I don't know where guy who wrote this article is living, and everywhere I've been, it was easier to find an Internet connection than NFC or Bluetooth.
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