Why does it matter if they haven't read the whitepaper or don't care or know anything about decentralization? The fact that these people are using Bitcoin should be enough, no? Most of us want mass-adoption, it's a bit silly to expect everyone who buys Bitcoin to first read the whitepaper and know of all technical aspects. Well everyone wants to make money 95% of the users are here to make extra money and learn more about coins as well. Nobody would do something for bitcoin if you didn't get money.
So calm down. Some users are here also for hobby and they get extra money.
No! The point was never to "make money". The point was to revolutionise the way in which we represent a medium of exchange and providing a new, secure way in which it can be done without a third intermediary. If your only here to make money then I politely ask for you to fuck off. Because in the long-run, if you stop making money, we all know that 100% of that 90% would leave without a second thought. They don't give two cents about what bitcoin represents or how it is so game-changing. Purely here because of greed. You're in no place to tell anyone to 'fuck off', you don't get to decide why someone should or shouldn't use Bitcoin. You sound very elitist tbh and I disagree with your notion that the Bitcoin community should be some elite club of people who are only in it because of ideological reasons. These people aren't using it because they wan't to make payments etc. They are just buying it to make money; Therein lies the problem. They are not "adopting" bitcoin, they are using it to try and make a quick buck. Honestly, I think bitcoin is massively overvalued - About 1% of merchants accept it. Unless this new money keeps on flowing in or, bitcoin gets accepted by Amazon, eBay or another mainstream commerce company in the near future, the music is going to stop and with it, the price. By all means, if you are buying bitcoin to purchase a car, make an over-seas transaction or, use it for gambling then go ahead. In fact it is 100% beneficial for the ecosystem to do so. Because at least then, you are using bitcoin for it's intended purpose; As a medium of exchange. What do you think happens when people make payments with Bitcoin? Most businesses accepting Bitcoin will just exchange those Bitcoins directly for fiat once they receive them (Overstock is an exception). People who are using Bitcoin as a long term investment aren't doing anything wrong and I also don't see how it hurts Bitcoin. People also use fiat currency for investment, people also save massive amounts of fiat currency without using it. Ideally, I'd like to see even more investors get into Bitcoin, raise the marketcap and perhaps make it a bit less volatile in the future. Bitcoin is just too volatile to be used as a means of exchange for most people. Imagine getting your paycheck in Bitcoin and the next day you've just lost a couple of hundred dollars, now you're short for paying your bills etc.
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For the bitcoin gold fork, how am i able to claim for it?? Hope to hear from you soon.
So you're looking to make a withdrawal for a coin that hasn't finalized it's address format yet, doesn't have a public chain right now, and lacks replay protection? A few easy questions: Where would you withdraw to? Who would validate and process your transaction? I think these questions result from a missing update on your blog. Many users (including me) dont really care about BTG and simply want to get them as fast as possible and dump them but we dont really follow the news about this coin. Your blog says that the split is expected to go smoothly on October 25th and after that there will be an updated interface to claim your coins within 3 weeks, therefore some might be afraid to miss the chance to claim their coins. And for further question the blog even links you towards this thread to post them so why being offended? But it's pretty reasonable to expect people to do some basic research. I mean, if you're planning on getting a BTG withdraw you at least have to get a wallet set-up before you even try and get your BTG. It takes just a couple of minutes to figure out that there aren't any wallets yet, you don't have to follow BTG news and updates for that.
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Why does it matter if they haven't read the whitepaper or don't care or know anything about decentralization? The fact that these people are using Bitcoin should be enough, no? Most of us want mass-adoption, it's a bit silly to expect everyone who buys Bitcoin to first read the whitepaper and know of all technical aspects. Well everyone wants to make money 95% of the users are here to make extra money and learn more about coins as well. Nobody would do something for bitcoin if you didn't get money.
So calm down. Some users are here also for hobby and they get extra money.
No! The point was never to "make money". The point was to revolutionise the way in which we represent a medium of exchange and providing a new, secure way in which it can be done without a third intermediary. If your only here to make money then I politely ask for you to fuck off. Because in the long-run, if you stop making money, we all know that 100% of that 90% would leave without a second thought. They don't give two cents about what bitcoin represents or how it is so game-changing. Purely here because of greed. You're in no place to tell anyone to 'fuck off', you don't get to decide why someone should or shouldn't use Bitcoin. You sound very elitist tbh and I disagree with your notion that the Bitcoin community should be some elite club of people who are only in it because of ideological reasons.
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You won't earn any significant amount of Bitcoins mining with a smartphone, I know there are some miner apps for Android, but they're a waste of processing power. Even with 40 of them bundled together, I doubt that you'll make ends meet, heck you'll probably spend more on fees than anything. I assume you're talking about this article: https://www.cryptocoinsnews.com/samsung-creates-bitcoin-mining-rig-with-40-used-galaxy-phones/Seems more like a cool proof of concept than anything else.
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According to the information I read, the fair value of bitcoin is $ 2300. But we all know, the bitcoin exchange rate is very high due to: First, calculate the change in the cost of mining equipment and its performance. Furthermore, production difficulties, factorization in the cost of electricity faced by miners on the network. The number of bitcoin is limited while the user (demand) bitcoin very much, so the price becomes expensive. Even today (02-11-2017) had reached USD 7000.54 for one Bitcoin.
Where did you get those numbers? I mean they're pretty specific and I'd like to know which source you used. I think that the current price is very much driven by speculation, it might be because of the next fork, we've also seen a steady increase in value with the previous forks. Definitely expecting a rather big correction soon, but I could be very wrong on this.
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For me, it's a combination of all three values I think, I've been around the Bitcoin community for a reasonably long time now and I've used Bitcoin for every reason you've listed. In the earlier days the community was much more focused on the ideological aspects than now it seems, that has sadly disappeared a bit, I think.
Also, if you make use of Bitcoin a lot, then it's hard not to like the technology and monetary value behind Bitcoin, you just benefit from it if you use it.
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Instead of relying on cloudmining websites, you could also just rent a miner from someone. I'm not saying if it would be profitable, but at least you can check the hashrate for yourself and get your payouts directly from the mining pool. Here are a couple of options if you want to rent a mining rig from someone: https://www.miningrigrentals.com/ or https://www.nicehash.com/
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Trading with Bitcoin is definitely profitable at the moment, it's so volatile that you could definitely make some big profits if you're day trading. The altcoin market is a bit worse of, profits are still to be made there, but it's more difficult to pick out altcoins which are going to be doing well.
I'm not sure though how long it's going to take for Bitcoin to experience a serious drop, I'm interested in seeing what will happen after the fork. I'm already prepared to temporarily sell some if the price drops significantly.
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In my opinion EV-technique is not for weak people who have easily dominates by their emotion and not by their mind. EV is not a 100% technique based only but also it is based on pure luck. There is losses on your graph but it shows that the profit is getting higher which is good. EV is probably is a good technique for a professional gambler rather than to normal gambler who cannot even control his emotions.
That's the thing, for amateurs it could actually be a bad thing to play games like poker and thinking that they're good at it because they've heard that poker is a +EV game. Then they fail to actually monitor their wins and losses in the long term and get totally blinded by their perception that they are a supposedly good player. I really think that there are a lot of unsuccessful poker players that are just making themselves believe they're +EV when they're not.
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The forum { https://forum.cryptogambling.org/ } is still very quite, I would have thought that there would have been a lot more activity for a important need like this. I hope whomever is affiliated with this, would be properly screened, because only one mistake will kill this initiative. People are already paranoid about these sites that are "ranking" gambling sites. I agree with you about the forum not being that active, I would have assumed that there would be a little bit more suggestions of gambling sites to verify in the future. And I don't think that they are affiliated with anyone, at least the website doesn't show it and it doesn't look like they're promoting one operator over another. I mean, they're not using affiliate links and their articles are very objectively written, they're basically offering you some technical explanations. Now I do think that they should keep adding more casino's to their list of verified operators, a few weeks without activity isn't that great if you only have 5 verified operators listed.
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I think it's a good idea to do something around ICO's, but there are already enough websites that are offering news and info about airdrops.
I'd personally be more interested in a website that provides accurate information about the ICO's, without doing paid op-eds. Have every ICO thoroughly researched and asses the viability of the project and give out more information about the team members.
You'd need a lot of writers though if you are not planning on adding content yourself.
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Halloween giveaways have started, gonna be going on all day, check it out Can really recommend entering, I got 2500 DOGE on my first or second try I've seen other people get 0.12 LTC, so the prizes are pretty decent! On a side note: Damn that lottery! If I ever win 1st prize, I'm giving out a big tip in chat!
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I would be interested in following this blog, seems like there's a pretty interesting journey ahead of you. It would be a good idea to post this in 'Project Development' and document your progress there as well.
Hope to hear from you again in this thread, since you've just made this one post.
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Drug and gambling addicts are actually almost the same, I mean it's the same kind of chemicals that get released in their brain which gives them this 'high' feeling.
There just isn't a simple solution to this problem, you could make gambling illegal, but that doesn't stop the problem, just as it doesn't with drugs.
The only partial solution is to allow people to seek help before it's too late, make it free/cheap to get into therapy for your addiction.
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Yeah it seems to have significantly less support than Bitcoin cash, I mean how many exchanges are even trading Bitcoin Gold? Normally, I'd say to wait a bit before coming to conclusions, but I don't see Bitcoin gold making a recovery.
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Please update your signature: --snip--
Done
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I've been using https://coin.fyi/ and so far it's met all my needs, haven't found an unsupported coin yet. You can also use it completely anonymous without having to log in, though I would recommend creating an account. It's completely free as well!
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Payment received, but got confirmed pretty late due to slow conformations. New rates seem fair, but I hope the price stays a bit stable
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The Bitcoin lottery jackpot is pretty low compared to the previous weeks, I really hope some more people join in. Even with Bitcoin at 6k dollars, it's only around 80 dollars for 1st prize. I do have a pretty good chance of winning now though with 50 tickets
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It seems like you didn't really choose an original name, when I look up Cryptobuzz on Google, I get results from a couple of different websites.
How are you planning to get active members on your forum? Have a look at other similar forums and you'll see that most aren't that active. You mentioned that you'll give out rewards, but you'd need a pretty big bankroll to keep that sustainable.
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