You wrote: 2) We transfer some or all of the funds out to a Paper Wallet that we will seal and hide somewhere in the GTA. I read: "We keep 80% of the BTC for ourselves and put 20% in for the hunt."
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Why doesn't someone just hack the film and upload it to the pirate bay?
Fuck this waiting, where are all our black hats?
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I bought at 145, holding till 145,000 $
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Most Americans don't have any wealth worth mentioning in their 401k. The bottom 50% of Americans own only one half of one percent of all stocks, bonds, and mutual funds. The top 1% own 50%. So if we even HAVE a 401k, it is already "obsolete" for the vast majority of us wage slaves. We aren't truly investing, we're only just scraping by. Learn more...
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You do realize that deliberately inciting violence is a crime in most modern countries ? Just because you don't like someone doesn't give you the right to cause them bodily harm.
Grow up.
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Banks could probably make oxygen illegal if they wanted to. Capitalism wouldn't make oxygen illegal, but if they could they would surely put it into plastic bottles and sell it to us for two dollars a pop, just like they have done with water - despite it being available from every faucet. Bottled water is the greatest marketing coup in the history of mankind. Here in NYC we have some of the best tap water in the nation - fresh from the Adirondacks. Yet the consumer-whore brainwashed population loves to buy bottled water anyway, because it's "fancier". Despite the fact that bottled water actually has LESS regulatory restrictions than tap! Such insanity... Perhaps global pollution is being done deliberately to create the future market for fresh clean oxygen, bottled up into plastic for a few cents and than sold to brainwashed masses for a few dollars. Suddenly another billion dollar industry is born.
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the bitcoin solve the money problem ... we have others problems : - hungry - war - medical problem - green deploy Wise words. Poverty, hunger, greed, exploitation, war, planetary destruction. Symptoms of our infantile collective consciousness's self-destructive patterns played out via the game of capitalism. We need to abandon the Capitalism game. We could easily create a new game that is more humane, more compassionate, more patient, more kind. For me this is common sense social evolution favoring long-term survival of the species. For others, it is heresy, madness, impossibility. Nation-state induced Stockholm Syndrome has robbed them of their rationality. Truly tragic, and the consequences more tragic still.
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No offense, but, gross. Social network = spy network. Sorry but that's reality.
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Amercian's do have guns, is it starting to make sense now that gun violence is dropping massively but the media is still pushing the anti gun agenda.. I'm pushing the anti-gun agenda, and I hate the mainstream media. I don't think human beings need to be using violence to solve our problems in 2014. I think it's a fucking barbaric travesty that we still do. Here are some facts to help deprogram your gun-loving brainwashing: ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.gunslot.com%2Ffiles%2Fgunslot%2Fimagecache%2Fpage%2Fimages%2F64513.gif&t=664&c=UhoUNWtjmlDObA) You like your guns because someone a whole lot smarter than you figured out that if they can program a nation of 300 million people to love guns, they could make a shitload of money selling guns to idiots who don't need them. Gun culture = PROFIT, in exchange for your blood. Simpleton.
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What's the future of anything? I think everything is pure speculation at the minute, but it's exciting to see where it goes. I think it'll be used quite heavily in the remittance market and for other money transferring services etc.
The bitcoin as such might undergo transformations or disappear at all. But the technology, the protocol will be developed. The protocol has already been taken forward by Ethereum. They are trying to develop a distributed DB framework relying on blockchain like confirmation system. Must read: Bit-thereum
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Banks have A LOT of power and lee-way in this world (at least in the US). They're going to lobby hard for whatever they want, and there's not much the average person can do.
![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fd2tq98mqfjyz2l.cloudfront.net%2Fimage_cache%2F1252455467559038.jpeg&t=664&c=siII9eV7nXiIWw) Power is more complex than you think, child. Public perception matters a great deal - now more than ever for the banks. They're on thin ice, and so is the US government. They're smart enough to know it, they won't be kicking any political hornets nests anytime soon. This ain't China. Americans have guns and tempers. Imagine what could happen if the government managed to piss everyone off enough to unite Teaparty militiaman and Occupy Wall Street anarchists... It wouldn't be pretty, that's for damn sure.
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Thats good to know, normally ppl keep saying that if you don't spend your bitcoins it causes affects to its value and I do spend my coins on trading altcoins, purchasing virtual goods etc and gambling but I do hodl to a large extent and don't use/spend unless required.
Hodling Bitcoins causes there to be less coins to buy, which should make the price go up. Don't be afraid to hodl. reasonable to say. but i don't like it when people hold/hoard their coins and then say "it's going to take over currency one day."The truth does not care whether or not you like it.
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No amount of money is ever worth a human life.
well, in this world, that depends on which side of the gun you are... That's precisely the problem. Think for a moment about the long-view evolution of our weapons. In the beginning, there were only melee weapons - basically extensions of the human arm. Stone, bone, and wooden clubs. With these tools, you really couldn't kill more than one person at a time. It couldn't have been long before some clever fellow sharpened a stick, throw it real hard, and realized (s)he could kill effectively at 10-15 feet instead of just 2-3 by throwing that spear instead of thrusting it. Much later we invented slings and bows, multiplying our effective killing and disabling range exponentially, from 15-20 feet to 50+. But these tools were greatly limited by ammo. How many arrows could one person reasonably carry? How many stones for a sling? These things had weight, and thus one person was limited to being able to kill perhaps 20-40 other people at range before running out of ammo. Still with me? Now flash forward to the modern era. The gun changed everything. Hundreds of bullets can easily be carried, the range is far greater, the kinetic energy exponentially greater, and the weapon requires far less skill to use effectively than a bow and arrow or a sling. To say nothing of the horror of explosives, the modern gun enables one person to kill hundreds within minutes. Flash forward again, to the next evolution of weaponry. What will the weapon of the future look like? You probably think of a highly advanced gun, perhaps shooting energy beams of some sort. But you'd be wrong - dead wrong. If we continue down this path of evolving our murder-tools at the cutting edge of technology, the logical conclusion is not some cool energy gun. What sorts of killing tools do you think the age of nanotechnology and true general A.I. will bring? The logical conclusion is a device similar in size and usability to an iPhone, where one can push a button and the weapon intelligently and instantly kills everyone around you in a 1,000 foot radius. To say nothing of home-brewed biological weapons... Think carefully now, do you still want to live in a world governed by violence when technology has put this kind of weaponry into our hands? It's closer than you think. ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.digitaltonto.com%2Fwp-content%2Fuploads%2F2012%2F04%2Fs-curve.gif&t=664&c=TosQO_abrLbScQ) Humanity now stands at the crossroads between reason and annihilation. We must abandon all forms of organization that rely on systemic violence, or we must abandon all hope.
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This is retarded. Bitcoin can't replace stock MARKETS. A market is where people go to exchange. Bitcoin can't, no. But I'm not talking about bitcoin. But you are forgetting that the blockchain - the protocol - is like HTTP back in the early 90s, a foundation layer upon which nearly anything you can think of can be built. It's like saying, "this is retarded, you can't replace MONEY with HTTP, you need MONEY to pay for the servers which HOST the internet!" And yet, without the advent of HTTP two decades ago, there would be no blockchain today. Get it? If not, read Bit-therium.
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Then you're dumb as a rock. 25k btc back then was barely worth your life. No amount of money is ever worth a human life. The fact that so many people think that way really cuts to the heart of the reason I so passionately despise capitalism. Also this shit, though.
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He made a decision to make the base integer unit in the protocol equivalent to 0.00000001 BTC. That would seem to imply that he may have believed that BTC could increase in value to the point where 0.01 µBTC would be able to purchase approximately the same amount of goods or services as $0.01 can purchase today.
I agree on this, he also designed the system so that bitcoin would be deflationary. This suggests he knew the market price would rise, even if he is not interested in fiat. Satoshi foresaw a great deal, I suspect. A great deal more than even discussed here. Bitcoin desperately NEEDED to be invented, you see. I fear for the alternate universe where there was no cryptocurrency invented in time to avert the next cycle of fiat-funded nation-state war... "I don't know what weapons World War 3 will be fought with, but World War 4 will be fought with sticks and stones". Humanity can't afford a World War 3. And maybe now, we won't have to.
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I'd rather go broke supporting Bitcoin and world peace than get rich supporting fiat scrip murder-money and world war.
But to answer your question, no, I don't ever think Bitcoin will fail. I'm more confident of Bitcoin's global adoption than I have been of anything else in my entire life.
And I'm generally fairly confident.
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I changed my mind Beliathon. If you don't even believe in the concept of property or ownership to begin with then you're right: there is zero room for debate. Also, if your bitcoins ever got stolen (God forbid), don't worry, its ok because you never really owned them. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) That is the nastiest, most ignorant thing anyone has said to me on these forums yet. Congrats. My access to food and shelter - indeed my very survival - depends upon access to money, just like anyone else. I despise capitalism - it disgusts me because it requires violence, but I've been engaging with it my entire life because abandoning all my loved ones is not a real option at all. You are basically saying that because I dislike capitalism, I don't deserve to live in a world dominated by capitalism (and the violence it entails). So, should I just kill myself then? Leave it all behind? Don't think I haven't thought about it. One does not come to be possessed by such overwhelming misanthropy without considering all possible "exit strategies" from the system which causes one to suffer.
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plus, it's naturally deflationary. doesn't make sense to me.
because you leave with a reasing amount of money every year (salary man ?). rise of the price is the most stupid of this 150 past years of the humanity (inflation create WAR). you just need to understand that a deflationary currency cannot be a world currency. And why would that be? Because in a crypto world nations can't make infinite, never-truly-paid-for war via printing press? You're clueless. Bitcoin is the best thing to happen to Earthlings since electricity.
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Man, whatever you're smoking, I want some. Seriously pass that shit before it kills you...
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