more bloat??

im sorry to inform you but blocks are not bloated, they are on average only filled 20% of the 1mb limit

imagine it this way, since the blocks were upgraded from 500mb for 4 years and then and then 1mb for a year means

26gbx4= 104gb
52gbx1=52gb
=156gb potential data that could have been filled over the last 5 years. yet currently my block folder (fully synced) sits at under 20gb

meaning there is no bloat at all

have we already forgot
http://www.dailymail.co.uk/news/article-2573863/Bitcoin-exchange-CEO-dead-home-suspected-suicide-age-28.html

we already died. because bitcoin is financial heaven 

the winklevoss guys are not bitcoin advocats.

yes they bought bitcoin, but they are using and abusing bitcoin to make FIAT profits using a company share scheme.. where the company's vale is the only thing that is linked to bitcoin.

they might aswell buy $2m of gold, and do the same scheme. the only difference is that they are using the fame of bitcoin, to try and seem new and unique and get some free publicity.. its not a new game at all, and its not benefiting bitcoin as th winklevoss's clients will be paying FIAT to buy companies shares. no client will hold and own any bitcoins.

whats next they claim a new social media is their fresh new idea, and try to mis-represent facts to try getting rich.............. oops that already happened

and thats where the similarity ends. its like calling a peach, an apple, simply because they both grow on tree's

america got on the bitcoin train very early and has 10's of thousands of merchants on the street. UK is like 2-3 years behind, but is starting to gain its momentum.

if you have a couple friends in your town, or know of a few people that are into bitcoin. get together and find places of interest that you would all enjoy to see accept bitcoin.

im not talking about random places where you think the place may only get 1 customer a week spending just £10, im talking about places where you think that there would be a regular bitcoin flow.

then either become the exchanger for that place by giving them a £200 upfront tab, and ask them to accept bitcoins up to that limit using a price value from your own website (so you control the price). that way they already have the ££ upfront and they simply hand you the bitcoins as they come in, due to your website giving them the QR codes/addresses to deposit to. this has had more success in acceptance, but the other option involving setting up the place with bitpay.

please do not be back seat passengers, whining that retailers near ou don't accept it. do not get angry or frustrated that th place says no when you simply mention bitcoin. do try to take a front seat and give options to places that they cant refuse

again
if you are thinking about buying £200 of bitcoins over the next month. and you know of a merchant that bitcoiners frequent enough then give that merchant a 'bartab' and ask him to simply give customers asking to pay via bitcoin, a qr code that relates to an amount. which is basically a proof of purchase. help them set it up on their phones. make simple API, or html GET forms etc.

remember bitcoin is not a company, bitcoin is every single one of us. so relying on other people just letting yourself down.

blockchain 2.0 is not going to live long or be worth using for many reasons

1. its centrally controlled
2. if backed by bitcoin, then the 'company' will hoard the coins. (are you starting to see this company as the Fed yet?)
3. its just an another altcoin being swapped for bitcoins.
4. it advertisment is that it is a 2.0, yet offers features of 'value version minus 0.1' (fiat)
5. its purely to devalue bitcoin as a decentralised currency to make a company value richer
6. where people can buy company shares.

this is trying to turn decentralised currency, back into the fake value known as fiat.

some of these Devs are smart people but it appears their greed due to being share holders of the company, has outweighed their ethics of what bitcoin is about, and is purely wasting their own time on this company where it could be used better expanding bitcoin itself..

and why will it ultimately fail.. because its following the rules of the fed, but not having the insurance of government for endless bailouts.

will people ever learn crypto is not meant to be following history, its suppose to be MAKING history

saying its not a credit card, yet in the same post saying this:


insinuates that the customer does not have to have funds. thus a second company is needed to insure the customer for funds they dont have.

i think you need to re read what bitcoin is.. there is no such thing as transfer failing.. if the customer has funds, the transfer WILL get confirmed.

there is no need for insurance(second company backup) to recover funds from a customer. the merchant simply see's a transaction and knows the coin belongs to him.

why need to have a plastic card with a public key on it.

as this involves merchants having to adopt a payment system that:
reads and processes a public keys instead of credit card number
then communicates with an exchange and not a card provider.

this usually entails a second computer, card reader etc.

instead how about a retailer having a QR code and customers simply scan it with their phone app wallet and simply pay the person, simple, job done.

bitcoin is suppose to get away from the credit(debt) scheme where people are playing with funds that dont exist. bitcoin is suppose to get away from leveraging and all the other methods of fake money creation. and instead use proper possession of value as the only means of trade.

the rules of the last centuries (pre 1900) if you dont have value to trade, you simply dont trade.

bitcoin should not go down the road of people pretending they have value to buy goods, with promises to repay later.

also to note. i have found it easy in some tests i done to fool exchanges into fake ID and as such i think that lending or having credit is a flawed business plan as its easy to run up alot of credit, and simply run off. due to the international and pseudonymity of bitcoin, the credit company wont be able to claw back any funds.

please stick with debit card system. if funds are available then trade can occur. credit is purely making funds appear out of thin are, i thought the world learnt that was a flawed method, especially now looking at the crappy position FIAT is now in due to it

for me it was

fee's
lack of community
the whole bank transfer polava
lack of volitility meaning only small profits, but requiring large sums just to get to see small profits
the fact that you are miliseconds-minutes behind the market makers, meaning your not abl to trade the changes the milisecond they happen.

yet with bitcoin. its easy, cheaper and faster to play the spread. using smaller lump sums to gain profits allows for use of many lumps to take advantage of other movements you could have missed with the first lump sum.

id never go back to forex, thats for sure.

can euro's appear in a dollar bank account? .. no

but people are free to earn bitcoin or alt coins and free to spend each as they like.

bitcoin blockchain (the protocol) wont break, thy are totally separate things, just with similiar features or different features depending on which coin you choose. so dont worry about bitcoin.

i would be more concerned about wasting has power on an altcoin that ends up giving you worthless coins (pump 'n' dump alts)

.. research.. IS needed to be done by you

more drug deals are done on just 3 streets of detroit, compared to what silkroad done.

more money has been laundered by HSBC in one case. then has ever been laundered through bitcoin in 5 years

i have the most skeptical mind of all. i have ripped apart many scammers and i will keep doing so.

but this sign is genuine. its not a sign put up for 20 seconds just for the sake of taking a picture, as i have also seen this sign before.

with that said, keep this in mind.

the volunteers/manager put this up, but who is to say that those working inside give 100% to the actual cause and its not used purely to pay the manager a wage/give them a bonus.

darknet market place sales DO NOT exceed legit retail sales.

good luck proving me wrong. and if you do try, atleast use factual statistics... but you wont because the statistics of over 50,000 legit businesses outweighs the trades of a couple darknet sites.

they dont need to pay shills. they just make 20 usernames and do it themself

governments dont care about bitcoin, infact UK/Europe/US/Canada are accepting of bitcoin. but banks (who are their own entity) do care and worry. and they are known gold holders. government dont own gold, banks do
banks=1. gold hoarders (25%)


= 2. greedy investors (50%)

and like i said in red. the numbers are rough as some detractors fit into more then one category. th numbers are not statistics, so anyone saying they are wrong. is just knitpicking. but from my viewpoint of 'trolling fud' has been from people that are invested into bitcoin and want cheap coin hense the higher percentile and those that are on forums, youtube, etc. talking about gold is great and bitcoin is bad, is not so apparent in comparison. thus the lesser percentile.

ill repeat
if you cannot afford to pay just $25 at any given moment. then you are proving you are not good at budgeting your own finances to last until your next pay day. no one with intelligence would trust someone that cant even afford their own $25.
and
your impatience means you will make bad judgements on gambling websites. if you were any good at gambling you would have excess funds available to you, due to many wins.

a loan in your case would be only required if you had dollars but knew it would take 3 days to get it exchanged into bitcoin due to exchange delays/processing. whereby you prefer to have BTC today knowing the funds will be in an exchange in days.

but this is not your "story". thus no one will trust you

advice if genuine:
gambling with a debt is something you should think about while you walk to gamblers anonymous. never gamble debt. only gamble 'disposable funds' you do have.

by also showing impatience to wait a week to use your own money, proves that you don't have good judgements of risks aswell as lack of good financial control to have kept your own money to be able to afford $25 to play.

if you dont have $25 of your own funds with a week until your next pay day.. then i truly feel sorry for your situation. but you should not be taking on any more debt. as you are proving you dont even have $25 disposable funds (collateral) to your name

advice if anonymous scammer:
GTFO

wire transfers take 3-5 days in most countries. yet visa/mastercard which is a layer above FIAT aid in this process by ensring the transaction occurs and allows pople to leave starbucks as soon as they have made the transaction request.

what will happen is that starbucks will have a membership card that is a starbucks controlld walet. people deposit funds in at the start of th week/month. and then when walking into the shop they simply give the permission to allow starbucks to take out X amount of pre confirmed btc to cover the cost of the coffee.

there will be many services for microtransactions that have wallets for pocket money amounts to be preconfirmed to. and then merchants can simply take funds out in batches whenever they please

reasons to detract

1. gold hoarders noticing their customers are no longer buying gold from them, but buying bitcoin. thus they have to either lower gold price to tempt them back or discourage people from buying bitcoin

2. investors that want to buy coins cheaper then they are now, by causing panic sells using fud

3. people that have been scammed and are wrongly blaming bitcoin, instead of blaming the person/entity/business that scammed them

4. naive noobs that do not understand bitcoin and think its a ponzi, scam, pyramid.


i think the motives for being negative are

1. gold hoarders (25%)
2. greedy investors (50%)
3. scam victims (3%)
4. naive noobs (22%)

(rough numbers, not statistics)
but it must be noted that for every detractor there is a hell of alot more promoters