The brilliance in this self-destructive system lies in that by encouraging unlimited criminal activity (by making sure that the marketplace is devoid of regulation and law enforcement) you destroy confidence and trust and keep any meaningful capital safely away. Result: anemic volume, next to no buying interest, sitting duck for short sellers and constantly tanking price.
This all sounds vaguely familiar, doesn't it? "Unregulated and unpoliced, the Internet resembles a Wild West frontier town without a sheriff. Con artists have turned to the Internet, on-line services and electronic bulletin boards to promote bogus stock offerings and other dubious investment opportunities such as gold mining, gemstones and ostrich farming. The Internet also lends itself to marketing scams known as pyramid schemes, in which a few participants get rich and the vast majority get burned. Although many ordinary people may surf the World Wide Web in the belief that their actions are private and anonymous, they are in fact frighteningly vulnerable to various kinds of electronic snooping." New York Times, 1998, about the Internet http://www.nytimes.com/1996/08/05/business/worldbusiness/05iht-cyber.t.htmlStop comparing BTC with the Internet, you don't have to buy shares of TCP/IP or HTTP to use it. You did however have to drive to CompUSA to get the latest 56K modem, have a subscription to AOL, Prodigy, or Compuserve to access it and use it. I don't think he's comparing Bitcoin to the Internet as we know it now, back in the early to mid 90's, the Internet was very inaccessible unless you had the means, know how, and money.
|
|
|
Sure, whatever you say Having said that, I think there's a whole market for girls and women to participate in Bitcoin, especially in the creative space. Lots of female singers and artists and writers and directors can create new compelling content on Youtube and social media and get potentially paid for it using Changetip and services like that. Or any female inventors, developers, or entrepeneurs can use Bitcoin for crowdfunding to get their idea jump started: https://www.vinumeris.com/lighthousehttp://coinfunder.com/https://bitcoinstarter.com/http://ignitiondeck.com/id/bitcoin-crowdfunding/and I'm sure others like these platforms utilizing Bitcoin to get your project off the ground. Girls/Ladies/Women, bring on your talents to BTC. Plenty of space available!
|
|
|
Just crossed $240 now on Bitfinex and Stamp. Let's see where we go today, gentlemen!
|
|
|
Remember Bitmain had 100mh/s miners for scrypt?
Did they deliver (it was pre-order?), and how/why did that turn out/no more scrypt miners?
I'd buy a scrypt miner if it was decently priced, there aren't really any options now.
Yep, they attempted to do the pre order model to fund their production of the L1, but it backfired and ultimately got cancelled. Eventually, they did right by their customers as far as refunds or credits: https://bitcointalk.org/index.php?topic=768004.0
|
|
|
I took a morning shit today after I woke up and afterward looked at Bitcoinwisdom to see we've rose up nearly 20 points overnight! What a glorious shit that was! I might make that my daily ritual for good luck.
|
|
|
Yes, I thought it was hilarious too when I picked it! Reminded me of the scene from Anchorman with Brick... Putin riding a bear LOL! The thought is so ridiculous you just have to respect it after awhile.
|
|
|
Until Bitcoin is synonymous with PayPal, or Western Union, or Mastercard or Visa, etc...we have a long ways to go.
The common man, the mainstream media, the average home maker doesn't know what Bitcoin is.
It's our jobs as people knowledgeable to educate or correct if it comes up, or bring it up matter of factly. Use it where Bitcoin is accepted. Support local Bitcoin businesses and join your local Bitcoin meetups and events.
Right now, I'm praying that ApplePay really takes off, so that if the mainstream adopts NFC payments using their mobile phones, it'll be the right time for Bitcoin to peer it's head in, invade those Android phones that outnumber Iphones 3 to 1 and pounce...
|
|
|
Why does Bitcoin have to kill Facebook and Facebook have to kill Bitcoin? Can't we all just get along... It doesn't have to be absolute, they can both co-exist mutually, even thrive together. You're seeing some signs of this with Changetip right now. There's no reason that Bitcoin or Facebook have to supplant one another. They'll probably compliment each other and integrate within each others space in a couple years anyways it seems.
|
|
|
Before the OP can sell, rent out, mine, use these 100 PC's etc, it hasn't been determined yet what are the terms of the lease or ownership question.
If he strictly administers, supports, or oversees these units, then there could be some consequences if the true owners comes forth and wants to use it for other purposes.
Don't think this point has been addressed yet.
|
|
|
500k Euros buys 2.4k BTCLend me half, and I'll make sure you triple it. Then we go partay like it's 1999!!!
|
|
|
Nice, is that the Supersize Me documentary dude?! I like his documentaries way better than that far left liberal douche Michael Moore. I usually don't like anything associated with CNN, but this looks interesting!
|
|
|
Hello my friends!,
Im here again to ask a help from you!!
- How can i start mining BTCs through mining software! ? CGMiner or BFGMiner are the 2 most popular mining software - What is the system requirements to earn high BTC? No Desktop system is profitable any longer, you need ASICs to mine either SHA-256 or Scrypt coins - What is the minimum system requirments to earn some low btcs See above, need ASICs - What are the good and effective mining software? See first answer. CGMiner is usually built into ASICs like Bitmaintech or Spondoolies hardware miners. - What is pool? Mining pool, you share hash power with other miners to mine block and share block reward, instead of the much riskier solo mining. Highly recommended if you don't have a hugh amount of hashing power, and want to get daily block rewards and payouts.
Thanks in advance sir!
That all said, if you're mining for profit or ROI, those days are long gone. Better off buying some now at this reasonable price, than wasting it on mining costs where you'll operate in the negative the whole time.
|
|
|
Would be very interesting to see the headers and the actual content of that link. Do you have any idea where they could have gotten your e-mail address? Since this is a highly targeted phishing attempt (not like the shotgun approaches) it might be possible to find out a little more about the senders. However, I'd understand that you might want to avoid giving that info to strangers since it's a privacy issue.
Onkel Paul
nope i don't have any idea where they could have gotten my email address. the sender was Bitcoin Foundation newsletter@btcfoundation.net via auth.ccsend.com coming from in.constantcontact.com signed by auth.ccsend.com First thing noticeable is they use .org not .net as their domain: Next obvious thing is the errors in the body of the email: Please see the instctions Third is the Bitcoin Foundation logo is in Blue and not Grey like on the website, and the B is clearly different. All tell tale scam or phishing attempt signs by another party other than the actual foundation itself.
|
|
|
Believe there are services that exist that already take care of this, like Coinapult Locks: https://coinapult.com/locks/infoAlso, Hedgy I think has a similar system as well: https://hedgy.co/But yes, having another service like CoinJar helps the ecosystem overall, and attracts investors that don't want to deal with something as volatile as Bitcoin pricing.
|
|
|
Can we be considered the Legendary Early Hodlers?
Everyone in the thread bag holding could be considered either Legendary pioneers, out of the box thinkers, and early adopters...or The biggest toolbags in the shed! I'm still HODLING, and hoping we're not the latter.
|
|
|
If your just sitting on your hands waiting to push the Sell Button once it's $400, you're going to really kick yourself if it goes to $500, $600, $1000 etc.
Don't think of a fixed number or price, think of timeframe, maybe a year, 2, 5 years down the line. If it isn't adopted or ends up a failed experiment in a year or so, get out of your position, and never look back.
If you're believer, and you see and hear lots of great things happening in the ecosystem, see ATMs sprouting up, see companies continue to support and adopt BTC, then maybe hold it a bit longer to see what'll happen.
Don't listen to anyone on these forums on what to do with your stash, it's strictly on you. If you believe in Bitcoin or not.
|
|
|
Russia will ban Bitcoin as long as this guy's in charge: Putin is a Beartroll, probably posts in this forum as well. As long as he keeps pumping worthless Rubles down his citizens throats, they will continue to shy away from Bitcoin.
|
|
|
|