Hello im new to this world but i want to invest my money in it.
I read the "whitepaper" and i find bitcoins the next step for the humanity.
I have 500.000 euro to invest and a quite good ideas but i feel like i am needing an hand and partners aswell.
So if someone wants to join.
Sorry for my english it isnt my first language, im italian.
out of interest, how did you come about this 500 grand? He didn't and never had it, it was all just a scam/hoax attempt: |
|
|
|
I'm sorry, but with the amount of thefts and hacks this month alone, only regulation and compliance is the real way: https://blog.gemini.com/welcome-to-gemini/Basically we tried to it do it our way in our playground, but there's no one in charge to put anyone in timeout for the bad kid that continues to give all the good kids titty twisters and indian rope burns. It's inevitable and indisputable, gotta regulate, yo! Not sure how Decentralized Exchanges like Coinffeine or BitSquare will turn out, but doesn't look like they have the resources to compete with the scope and scale Gemini is going for. Bitcoin is all about NON regulation, no GOV did you forget?  Things change. Money is about government and banks and fiat, did you forget? (Takes a look at Greece, hmm maybe not) I know that very well but then Bitcoin is useless. Why would somone use Bitcoin when we have normal payment processors already? Just to wait for an hour a transaction confirmation? don't think so Actually it's not, and I'm not talking about regulating Bitcoin, I'm talking about regulating Bitcoin exchanges. It's why I mentioned Coinffeine(decentralized), BitSquare(decentralized), and Gemini(fully regulated) in the same post. Reading comprehension, my friend. |
|
|
|
I'm sorry, but with the amount of thefts and hacks this month alone, only regulation and compliance is the real way: https://blog.gemini.com/welcome-to-gemini/Basically we tried to it do it our way in our playground, but there's no one in charge to put anyone in timeout for the bad kid that continues to give all the good kids titty twisters and indian rope burns. It's inevitable and indisputable, gotta regulate, yo! Not sure how Decentralized Exchanges like Coinffeine or BitSquare will turn out, but doesn't look like they have the resources to compete with the scope and scale Gemini is going for. Bitcoin is all about NON regulation, no GOV did you forget? Things change. Money is about government and banks and fiat, did you forget? (Takes a look at Greece, hmm maybe not) |
|
|
|
LOL there's no way his "Internet" would take off, there would be so many conglomerates up his asshole that he wouldn't even get to launch it. Isn't he like a big time criminal embezzler and fraudster, and creator of that crap sharing site MegaUpload? I wouldn't trust him as far as I could throw him....  |
|
|
|
God, what are you doing still mining with GPU's?!!!  What do you think this is 2011? |
|
|
|
I hear what your saying. I often have to compromise on model or price to get what I want with bitcoin. However look again at Overstock. You can get whatever kind of car with whatever features you want. And the Ford dealer can get you any Ford product. There is also Tesla motors. They will make a car for your bitcoins.
Same with the real estate market. They take BTC or cash. Same price, same everything except payment method. I have been looking into this a while now. I am shopping for 40+ acer plots of real estate in the upper midwest. They are not as hard to find as you may think.
Understood, working within the limits or places or sites, you can get what you want in a roundabout way. Will definitely check out Overstock for car shopping to see if the participating dealerships will work with me. As far as houses go, several of those properties are way out of my range. I know that Bitcoin is continually growing and progressing, so one day, all of this will be available on the most common sites and the local dealerships/realtors at some future point. |
|
|
|
|
Rep doesn't mean squat, really. You're only as good as your last action, so if an exchange has a good rep from day 1, but on day 653, they just up and leave....well that says everything.
Regulation on the other hand, there's consequences, there's rules in place, there's compliance, there's AML/KYC, there's limits etc...
Exchanges or Money businesses less likely to fold up and shop and claim "wallet hack" or "transaction malleability" with a cattle prod up his ass the whole time...
|
|
|
|
The bright side is that all these poorly managed incompetent exchanges get washed away. There really need to be a stronger regulation on exchanges, then i bet 80% of these exchanges wouldn't pass the test.
Exactly this, no regulation, no framework, no recourse. It's one of the reasons, I'm actually fine with the Bitlicense and AML/KYC rules being applied to exchanges and services of the like. Without regulation, you get the wild wild west, and bad operators just up and leave when they'd make their dime, and claim it was "hacked". Hey old friend I agree, in most cases, exchanges fall and have no accountability; they should be insured against heists and such, just like banks. Even for mining, in many jurisdictions you need a prospector license for like $25 a year; slight money grab. Only a few have exchanges actual backing... people want to genuinely trust exchanges. New ones come up with big promises of interest and what not... they always all fail. Alas, it will never work as long as they don't have banking-level insurance and/or backing in case of heists. Exchanges and online wallets are the only weak spot in the entire Bitcoin infrastructure. However, people are ultimately responsible if the exchanges or online wallet loses their coins. No reason to leave your coin purse at the craps table at the end of the night, right? If you do, you deserve to lose it; exchanges are not banks, they are casinos. I can't stand having any coins of any type in an exchange and when I do send some it's not all my cache and WD as soon as my trades are done. Knowing the wild wild west is a good way to make a killing today and protecting your coin yesterday! It's always a good idea is also using a reputable exchange. Agreed, Gigabuddy!  Trust is HUGE part of it when it comes money exchangers or money services. Right now, there really isn't a trust system in place where an average Bitcoiner can leave their funds online. Like if I leave my funds online in say BitStamp for a couple minutes, make a couple of trades, and then before I click Withdraw, the website's down. I check back in 5 minutes, and it's still down. I check back in an hour, try to email Support, and it ricochets back with a Undeliverable, now I'm panicking. There's simply no entity or authority that can insure, or refund you, or go to bat for you. That's why I'm most excited about Gemini launching. Ticks all the checkboxes for me. |
|
|
|
I'm sorry, but with the amount of thefts and hacks this month alone, only regulation and compliance is the real way: https://blog.gemini.com/welcome-to-gemini/Basically we tried to it do it our way in our playground, but there's no one in charge to put anyone in timeout for the bad kid that continues to give all the good kids titty twisters and indian rope burns. It's inevitable and indisputable, gotta regulate, yo! Not sure how Decentralized Exchanges like Coinffeine or BitSquare will turn out, but doesn't look like they have the resources to compete with the scope and scale Gemini is going for. |
|
|
|
Those are workarounds and limited options available, not readily available for the common person that sees something and wants it now. Basically settling for what's out there, as opposed to here's the house/car with the kitchen and/or sunroof I want, and the 3 and half baths, or 17 inch wheels I want. This is settling, man. No choices or options. This is take it or leave it, as is. Proved my point. Still can't buy houses or cars easily with Bitcoin on my terms. |
|
|
|
The bright side is that all these poorly managed incompetent exchanges get washed away. There really need to be a stronger regulation on exchanges, then i bet 80% of these exchanges wouldn't pass the test.
Exactly this, no regulation, no framework, no recourse. It's one of the reasons, I'm actually fine with the Bitlicense and AML/KYC rules being applied to exchanges and services of the like. Without regulation, you get the wild wild west, and bad operators just up and leave when they'd make their dime, and claim it was "hacked". I think it is so difficult to "regulate" a crypto currency exchange, because the government should first regulate bitcoin (as cryptocurrency) and this is impossible. Because it is decentralized and not compatible with this economy system. The unique rule I can give is : don't keep your coins on an exchange (in this case a sort of web wallet). Actually it's not so difficult: https://blog.gemini.com/welcome-to-gemini/There has to be some give and take, unfortunately, and we need more exchanges like Gemini to prove to the masses that Bitcoin can be safe medium of exchange and trading. |
|
|
|
|
As long as there's no regulatory committee, framework, or bylaws to govern Bitcoin exchanges, then this will continue to happen by shady exchange operators.
Although regulation goes against the general idea of centralized authority, in this case, it is necessary, as Bitcoin won't move on from the "Wild Wild West phase" in it's developement.
Need to continue to grow and learn from all these mistakes and broken exchanges, to progress to more reputable, trustworthy, and licensed exchanges, to truly legitimize Bitcoin.
|
|
|
|
Car dealerships or houses. Can't buy cars or houses easily with Bitcoin.
And I'm not talking about if a person lists something and accepts Bitcoin as a payment, I'm talking about any car or realtor. It's not really an option I'm afraid of yet.
Guess my post just got glossed over completely. Just named the 2 things that you pretty much can't buy easily with Bitcoin: Cars and Houses. Guess, because there's so much involved, titles, legal fees, determining mortgage or car payments if paying over time... Maybe this is an untapped niche that some Bitcoin dev can come up with, since most people can't buy houses or cars in one payment. |
|
|
|
Here's my google search in a clean, new browser:  Pretty harmless stuff, no Mark of the Beast or Ponzi mentions yet. |
|
|
|
I now see the Torrent link on the top of the page, but wonder if that's any faster than just downloading the entire Blockchain from the new client.
If you are talking about the bitcoin-0.10.0.torrent, it is for downloading the bitcoin core program only but not the blockchain files. Argh, that sucks then. There's gotta be a way to get Core Devs to create a thin client that also has the option to Synchronize the consensus Blockchain, instead of me waiting for blocks to index for 14 hours... |
|
|
|
No, If everything on BitCoin is bad news then why would average joe wanna invest in BitCoin?
Yes, not every piece of news should be ideally bad, but when you're first starting out, you pretty much just want to get your name out there. Remember the Internet was the same way. Only the computer literate with money, privilege, and know how had access to it back in the day:  There was the stereotypical nerd in his Mom's basement that was a hacker and had the latest and greatest equipment to be able to prowl BBS message boards and download German porn before anyone else. And for awhile it was true, but now the narrative has changed for the common internet user. This is how it is in year 6 of Bitcoin. Not everyone is using, gets it, or has access to it, but there's building blocks and infrastructure and developing and investing that's underway. Just to get the word out there is the hard part now, and if that means some bad news, then that's what we'll have to take for now. |
|
|
|
I'm waiting precisely for those days. When 1BTC = 1BTC
^this So both of you guys are telling me ... and even if the price of Bitcoin is going as hell , you won't touch them and will keep them till the end ? Even if it means losing hundreds or even thousands of dollar ? Use some common sense because this does make no sense to me . ~ Madness NO risk NO reward, my friend. Even holding stocks, bonds, gold, silver, etc has risk. |
|
|
|
The bright side is that all these poorly managed incompetent exchanges get washed away. There really need to be a stronger regulation on exchanges, then i bet 80% of these exchanges wouldn't pass the test.
Exactly this, no regulation, no framework, no recourse. It's one of the reasons, I'm actually fine with the Bitlicense and AML/KYC rules being applied to exchanges and services of the like. Without regulation, you get the wild wild west, and bad operators just up and leave when they'd make their dime, and claim it was "hacked". |
|
|
|
|
I don't know if all bad news is good for Bitcoin or the Bitcoin community, but anything to bring attention or put a spotlight, in my opinion, is worth reporting about.
Better to be talked about behind your back, then not at all, is how I approach life. If you're barely noticed, it means your inconsequential, it means you have no purpose, no meaning. Silence = Death.
I actually first heard about Bitcoin a few years ago, when Silk Road 1 first came about, and that all products and services were transacted anonymously using this new currency called Bitcoin using Tor browsers. At first I thought, wow, now there's digital money and you can buy drugs with it anonymously. Then I heard Bitcoin used in other contexts, used for buying and selling legitimate goods and services, and started hearing about it traded on real exchanges like an asset or like gold and silver
So although bad news can be bad, it can be good also, just to get it on people's minds. Since it's still early days, any exposure, positive or negative, will have to do.
|
|
|
|
|
Show Posts
