when an investor wants cheap coins they usually tell people not to buy. as other people buying will cause a price rise. so if you were about to buy in a couple million dollars would you rather buy in at under $700 or at over $1000.
of course you would prefer under $700 and so you too would be tempted to spread FUD to keep coins cheap. i personally don't feed the propaganda machine because im already in the community and with my day trading abilities i can gain on the rise and the fall. so i do not have to stoop to krug and greens levels.
if krug and green don't think bitcoin is a value that could risk their gold/stocks/bonds being affected. if they truly thought bitcoin had no value and was worthless. they would not even care about it to make a statement.
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so who else is here buying up all the grumpy at 1-3 satoshi's on coinrush to then EASILY double their money at 2-6 satoshi.
why wait months for bitcoin to go from $700 to $1400 when you can do it on the cheap altcoins much faster.
seriously anything below 5 satoshi's can easily be spinned into double the price way before bitcoins dollar value doubles
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the OP is obviously a single male that has never been married.
he has no clue about 'Women'. he even capitalises the W as if they are corporation or organisation, instead of human beings. and the only reason he thinks that the female half of our world did not use the internet or bitcoin, is because he does not talk to many females.
he is brushing the whole gender with the same brush based on the observations of most likely his own mother. an elderly lady that probably does not understand the internet or bitcoins, thus he believes women of all ages must be the same.
his delusional ramblings about how smart or brave women are not, truly proves why the thousands of women do not make themselves known on this forum.
guys like the OP would treat them as second class citizens or be hit on as if they were whores, but hidden in a manipulated paragraph about how the guys are born again feminists and want to bring women into this community.
so here is a direct message to the OP. women are already in this community, they already probably know more about the internet and bitcoin than yourself, and they do not want the likes of you pretending your opinion is in their best interest.
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the tide appears to be going out and people are worried about where the water is going...
... but soon enough the wealth tsunami will come in and the wave will go further then the tide ever has before.
so look after your ship and keep a look out for when the tides change,
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I have a question which I haven't found a good answer to will Bitcoin become worthless when there is 21 million Bitcoin in existence? If not why would they not because Bitcoin is worth as much as it is now because people want to invest to sell for more in the future when do we expect Bitcoin to reach 21 million.
i hate it when people only see mining as the benefit of bitcoin. the ignorance that businesses are making millions per month on consumer purchases is astounding the ignorance that investers trading on exchanges is astounding the ignorance that people earn a wage from bitcoin is astounding. bitcoin is not about mining, much like fiat is not about the mint. people make more money through using it then creating it. and this will be more visable as time continues. and lastly, worrying about something that is decades away purely to try and create FUD today, is astounding
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lol receipts from 9+ years ago, a website left derelict for 5 years. and ofcourse you being a middleman and not anywhere close to being on the front line., seriously your credibility is failing. do you even know what percentage (after your cut) the foster parents plan actually goes to families in need? please update yourself to the 21st century. find a proper good cause that you can show actual results in and be a part of. instead of being a middleman. what makes things worse is that http://plancanada.ca/ is not even a charity that itself has people at the front line. they themselves are middlemen forwarding funds onto other organisations. seriously if you want to be a charity, please dont let it end up that only 5% of funds end up at the front line. and i hope you atleast researched that the 1billion they receive only 30 million gets to the front line.
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this involves a centralised service to be trusted to hold a database linking the two. the decentralised solution is to make a private key/public key. put funds into it, then email your friend with the private key/public key info and have instructions on how he can add it to a wallet. i do this all the time. EG: Hi X, i thought i would send you your first bitcoin, to use it you need to input the privatekey into a bitcoin wallet. here is a link to a few wallets and each of them have a easy way to input the private key bitcoin-qt link blockchain.info link
now here is the private key(do not disclose to anyone): Al0ngA55edAm0unt0fCharacter5Usuallyg0e5here
if you want to see the balance right now: blockchain.info/address/ blah
and here is the public address (which you give out to allow people to pay you): Al0ngA55edAm0unt0fCharacter5Usuallyg0e5here
if you have any questions feel free to contact me as for later on sending transactions to someone you know. you can always put their email or even just a name as the label of their bitcoin address in your client. then you can simply send to the lable name
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bitbargain is like local bitcoins, where it lists people online that do transfers via bank transfer, and other methods. but the best thing is that escrow is mandatory.
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spikes and crashes are part of an uncontrolled market. i prefer a market that moves with peoples decisions and emotions, rather then bankers monopolised controls of other markets.
and although i like that the price changes depending on individuals decisions i do wish some of these decisions were atleast informed decisions, based on actual research rather then the meandering misrepresentations of stories told by media.
and this forum along with reddit, seems to post links to coindesk, which in turn ends up in the mainstream media. so if you want volatility to settle down, atleast slap media across the face with a wet fish to research and understand the truth before 'print'. as that is a more simple task then trying to ask people not to base their disposable funds/livelihood/life savings on emotion.
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The premise that people would attempt to double-spend real world micro transactions (e.g. get free coffee or even a cart of groceries) is absurd.
so no one has ever went to those self serve refreshment or icecream machines and took a little extra while no one is looking, or made sure it was nearly overflowing to maximise their purchase of something under £$2
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On my working hypothesis, the smart coins are buying, and the dumb coins are instant selling.
on my hypothesis the smart coins are not even using mtgox and the dumb coins are being deposited and trading on mtgox
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lots of number have been thrown into charts. and a few meandered theories so i ended up skipping a few pages. so what i will say might already have been said.
.. showing numbers on a page without context is meaningless. take for instance the amount of transactions that were under 1BTC. a few people theorise that this is all that the majority of bitcoin holders own. yet it has nothing to do with there being alot of small holders. what you will find though is that satoshi dice done soo many transactions that it can screw the results of 'true transactions' thus making some of the data redundant.
alot of people do not put all their holdings in one address, or another way to think of it is that they did not receive their funds from one source. so estimating individuals average holding is next to impossible. for example i have my funds stored in atleast 10 addresses. so do the charts show if im one person with 10 addresses or 10 people.
and lastly drawing a green line from 4 years ago until now is the most laziest way to 'estimate' future change. nothing natural is a straight line, everything has curves, dimples, dents, lumps, spikes.
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my problem is that if this 'charity' has been operating for 14 years, why does the website seem like a basement dwellers 5 minute creation. why are there no video's or pictures of their donations at work.
eg seans outpost less then a year ago asked for bitcoins, but they showed proof and did not hide. they now have video's of their action and everything.
to me, if i was doing something charitable (which i actually do) i would video it or take pictures, even as a momento of all my hard work or atleast as a free media way of showing supporters how they have helped, which in turn would generate more.
something just does not feel right with this campaign. its like a college student that made a website to get a few click referals to pay his foodbill through college under the pretence of "feeding hungry children".
so OP. please show us where 14 years of donations went to thus far, if you show that your campaign actually works and has positive results then you would see donations flying in
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there are different types of whales
recently there have been alot of killer whales being spotted. the ones with under 200BTC but they use their blubber(size) to scare smaller prey into moving or getting eaten. where as the humpback/blue whales (holding larger weight) usually swim around at a slower pace just enjoying the waters and not really causing too much harm to anything important.
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I think these attacks have been designed foremost to steal BTC. The malleability attack process clearly allows that to happen. So yes the banks and larger investment community and political elite might not like BTC and want it to fail but in this case I think it's money-grabbing teenage hackers from across doing this damage.
The malleability attack caused confusion because wallets weren't prepared to handle certain edge cases. It is emphatically not possible to re-direct funds or modify the amount of transactions through malleability. The malleability attacker effectively just changed the "receipt number" on certain transactions; the attacker could not change the details of the transaction itself, as these critical details are protected by military-grade cryptography. Here's a good write up on what you need to know about malleability: https://bitcointalk.org/index.php?topic=460944.0you make a good point. the malleability issue is simply a scammer changing receipt numbers and going back to the shop to complain that the product was never delivered to them. instead of looking up the customers address or the shops own transaction list. the scammer hopes the shop owner uses the receipt reference to see that no delivery is assigned to such number. thus forcing the shop to send out two products. this highlights that PEOPLE still have a thing to learn about how to process transactions and audit them. and how PEOPLE react to 'news' about an issue, causing panic. both media and this malleability issue is a biological error and not crytographic error. in the real world if a shop looks up a receipt number that shows no confirmation, they would usually do extra checks to make sure someone didnt just photoshop the receipt and edit it. i know many stores that then ask for customers addresses or the day/time of purchase to double check before authorising a new product or refund
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will anyone rebrand bitmit, and make it into a proper ebay competitor, thus killing off paypal by not having to use it.
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it wasn't one question. it was three
"do you still have everyones bitcoins" "do you still have everyones bitcoins" "do you still have everyones bitcoins"
........ no reply
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the retailers currently use bitpay/coinbase. where you send coins to an address a retailer gives you, which bitpay/coinbase gave them..
in the near future what will happen is that you will put a pocketmoney amount into a bitpay/coinbase account and simply tell the cashier to debit your account for the total. this way the coins are verified (as they have been preconfirmed when u deposited) and is faster then the cashier getting a QR code, printing it, showing it to you and then you fiddling around with your phone to pay them.
this will be done simply by a nfc in your phone coded to you bitpay/coinbase account.
now imagine the speed of your bitcoins paying for your groceries..fully confirmed and no need to press a single button on your phone
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OP:
your reading old news, which consists of chinese whispers (misunderstood information) which has been disproven.
the original story was a meeting, not a regulation creating meeting but a information gathering meeting. and the main bit they highlighted was a regulation article (27) about not substituting the ruble for other currency.
most people believed this to be banning bitcoin. NO.. this was saying that they do not want bitcoin replacing the ruble to become legal tender.
no laws have changed in the last few years and different currencies are still allowed to be exchanged. if this was not the case then all 'burueau de change' shops would close. all it means is that other currencies can be traded EG: ruble to euro, dollar, pound, yen, bitcoin, etc
but other currencies will not become the governments favourite, the ruble.
its much the same as the USA saying, carry on trading whatever currency you like, but when it comes to taxes and court fee's "we want dollar"
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this has got nothing to do with cell phone thefts.
these days people dont steal phones to make phonecalls. they do it to sell the scrap minerals that are inside the phone. so a kill switch wont drop the price of the material in the phone
the actual reason has to do with stopping remote bombings by being able to switch off any cell phone in range of a certain cell tower. or like most of the middle east countries. stop people making anti-political calls to neighbouring nations when there is a media blackout.
also most protests are organised by cell phone. because its kind of hard to walk the streets with a desktop in one hand and a banner in the other. and also they dont want people using their phones to make youtube videos of the cops using unreasonable force at peaceful protests.
so guys in short. dont upgrade your Iphones to next years next gen. keep an old-tech phone handy. you'll never know when it may become useful
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