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301  Bitcoin / Bitcoin Discussion / Re: Bitcoin in the Philippines uproar on: October 13, 2017, 05:59:00 AM
It's great to see the growth of Bitcoin in the Phillipinnes. There's many services available that are popular thus in the phillippines there is not much need for using the LocalBitcoins.com service - but if you are interested to see the growth in other countries, this link shows it:

Amazing to see global trade growth on localbitcoins as well (scroll down to see all the individual countries:
https://coin.dance/volume/localbitcoins

302  Economy / Economics / Re: Hacks & puppets & forks - how to destroy bitcoin on: October 13, 2017, 05:32:52 AM
Amazing to see global trade growth on localbitcoins as well (scroll down to see all the individual countries:
https://coin.dance/volume/localbitcoins


Bitcoin's market cap is currently sitting above $90 Billion.

All the country's central banks and governments have become powerless to stop bitcoin (even despite all big banks for four years training tellers to stop if they hear "bitcoin" to block those transactions ever since 2013 - when will they learn their attempts are futile?)
303  Economy / Economics / Re: Hacks & puppets & forks - how to destroy bitcoin on: October 12, 2017, 01:35:01 PM
Effective, True savings vehicle: Bitcoin
304  Economy / Economics / Re: Which country are you from? Here list THIRTY popular bitcoin countries for trade on: October 10, 2017, 02:28:55 AM
Updated main thread with this link - visuals are easier to read for most people

Amazing to see global trade growth on localbitcoins as well (scroll down to see all the individual countries):
https://coin.dance/volume/localbitcoins


example screenshot excerpt:
305  Economy / Economics / Re: Hacks & puppets & forks - how to destroy bitcoin on: October 08, 2017, 10:04:20 PM
Amazing to see global trade growth on localbitcoins as well (scroll down to see all the individual countries:
https://coin.dance/volume/localbitcoins
306  Bitcoin / Bitcoin Discussion / Re: What does this mean? ..."The Times 3 January 2009 Chancellor on brink of second" on: October 08, 2017, 10:03:24 PM
Satoshi left a text message in the first mined Bitcoin block which reads 'The Times 3 January 2009 Chancellor on brink of second bailout for banks'. The text refers to a headline in The Times published on 3 January 2009.

What do you think this means and why was this done?

One interesting point, banks are still being bailed out today, 8 years after that story was published.

By january 3rd, 2009, we had witnessed how the bailout was structured. Chris Dodd the author of the TARP bill made a request to banks asking them for whatever terms they wanted. Whatever terms banks wanted they received. Then the US federal reserve profited something like $40 billion dollars after around 1 year of operating (if I'm remembering right) the bailout bill.

It was a shocking time for many to witness how much power banks had over governments that they could get whatever terms they wanted despite having crashed the global economy and upset the stability of the world with their own reckless practices.

At what point will the banksters learn?
307  Bitcoin / Bitcoin Discussion / Re: Bitcoin is gaining momentum in Africa on: October 08, 2017, 10:02:04 PM
i heard some starups like bitpesa are providing bitcoin related service. (mostly international remittance)
also heard Safaricom provides mobile payment solution to their customer, so am interested to see how bitcoin could co-work with such local financial services. it will be different from those in US or other locations

Did you read the link I provided?

It shows the history of the central bank and Mpesa using coercion and illegal practices to shutdown competition and to subvert bitpesa from spreading.

Educating and counter-action should be taken against the individuals acting in such disregard. Their names should be available easily, these are those serving as the Board of Directors for any of the entities.

Have fun.
308  Bitcoin / Bitcoin Discussion / Re: In the event of Market collapse - Quantfunds & Hedge Funds' flight to safety? on: October 08, 2017, 09:59:08 PM
Would anyone like to volunteer to post a reply with update the data and table?

Its a bit of an annoying task. I can understand why there wouldn't be many volunteers.
309  Bitcoin / Bitcoin Discussion / Re: Chinese traders soon to be found on BISQ https://bisq.network/ on: October 08, 2017, 09:57:40 PM
They can't close this one: https://bisq.network/
The website is look good and it is support for to be accessed by my android,
I have got something new article about the banning of bitcoins exchangers
on China. China Will Likely Resume Bitcoin Trading by Licensing Exchanges https://t.co/3nfE7aJUxk
I think they just want get taxes from trading digital coins Cheesy
So be ready for BISQ to pay the taxes for Chinese government after many users on there. Great job.

Good you can access it on your phone, but I wonder what sort of access is available from China itself.

The Chinese firewall blocks this bitcointalk.org website as well as VPNs, right? That's why you don't see too many CHinese here.

Or all the Chinese in the Chinese thread of this forum?
310  Bitcoin / Bitcoin Discussion / Re: what's up with the upcoming fork? on: October 08, 2017, 09:51:21 PM
Bad Actors:
Answer: DCG = DIGITAL CURRENCY GROUP (Barry Silbert, Jeff Garzik, coin base, bitpay, etc) who spread FUD and are trying to infiltrate & eventually shutdown bitcoin.
r/btc reddit thread and the other company-controlled bitcoin website (bitcoin.com). They spread FUD but then spend time accusing of others spreading FUD, LOL. Why do they push hard on altcoins (bitcoin cash, ethereum, FUD?  Why do they push for forks?

Forks creating scamchains are a courtesy brought to you by DCG group of companies led by Barry Silbert with his fellow minion Jeff Garzik and friend Roger Ver. Central banks love to fund their operations so they can get inside the community to circumvent Bitcoin's progress and try to destroy bitcoin.

Luckily their attempts have been marked by continuous failed altcoins...
"Bitcoin Classic" failure
"Bitcoin XT" failure
"Bitcoin Unlimited" failure
"Bitcoin Cash" failure
coming soon..."Bitcoin Segwit2x" (BTC1) failure

Recommend reading post: "Hacks Puppets and Forks - How to destroy Bitcoin"
https://bitcointalk.org/index.php?topic=1834310.20

hacks (these people may have been well-meaning previously...but people change...):
Mike Hearn : “the "Bitcoin experiment" has "failed." goes on to Ethereum an app coin.
Hearn - Big Bank Bitcoin Bully - https://medium.com/@tradertimm/hearn-big-bank-bitcoin-bully-c61531c082e#.okh9viyze
Craig Wright - desperately claimed to be Satoshi & then flees fraud trying to file a bunch of IP patents! LOL!
Mark Karpeles
Paul Vernon
Josh Garza
Roger Ver
Jeff Garzik (2017 recent; hard forking BTC1 / segwit2x)
"Jeff Garzik wants you to connect to his Bitcoin transaction analytics (spy) company Skry, by default, in the SegWit2x fork. Jeff is a sneaky snake!":https://www.reddit.com/r/Bitcoin/comments/6n9grc/jeff_garzik_wants_you_to_connect_to_his_bitcoin/
Barry Silbert (and his DCG portfolio of companies-ie Coinbase, Bitpay, sponsoring ilk of Jeff Garzik characters)


Bitcoin has the highest value because of the totality of what it is - if it lacked the features of what it is, then there would be no value.

If it wasn't secure, there would be no value.
If it wasn't immutable, there would be no value.
If it wasn't globally distributed, there would be no value.
If it wasn't so strong, open-source decentralized and unstoppable, there would be no value.
If it wasn't so scarce, there would be no value.
If it was easy to spam transactions, there would be no value
If it didn't have the history of 8+ years (and still no hacker can exploit bitcoin blockchain), there would be no value
If it was exactly like fiat and only did transactions, there would be no value.

Bitcoin has all these together to make the most value and increasing more than any other financial-asset option coming from the fiat central-banking debt-system.


Though it is still very early adoption not even 1% adopted yet (most people everywhere don't know what it is)...
Bitcoin has freed, continuing to free, and tomorrow will still free many people globally from the centrally controlled debt-based fiat system that confiscates your wealth with inflation and tax. Bitcoin is a TRUE savings vehicle. Buying Real Estate, Hospital healthcare, Global traveling, College Education gets cheaper as you hold Bitcoin.

And it has become clear that...
Bitcoin CANNOT be controlled.

Bitcoin cannot be made legal. Governments may still attempt to do so. They can never have such domination on Bitcoin.

Bitcoin cannot be made illegal. Governments may still attempt to do so.


Central banks already control and manipulate Stocks, Real Estate, Gold, Interest Rates. Central banks will never have such domination on Bitcoin.

Bitcoin reached escape velocity 4-years ago in 2013 which means it cannot be stopped - cannot make it illegal or legal - governments/banks do not matter.

On the opposite end of the spectrum the global fiat (US Dollars, Indian Rupees, Chinese Yuan, etc) bubble system broke a couple of decades ago.

Fiat around the world is forced to inflate issuance as its heavily infested, burdened and broken with:
-regulatory burden on fiat banks & system (incredibly costly)
-unemployment & other welfare costs
-inflating fiat to keep stock market rising and to keep house-prices from collapsing
-financing conflicts, bombs, and "aid"
-insurance fraud
-false claims and insurance loss-events
-stabilize regions after natural disasters
-keeping monopolies with internet access centralized and search engine crawlers centralized
-money laundering
-chargebacks
-frivolous legal costs (lawsuits bogging the system down)
-state-sponsored corruption and unofficial corruption (governments and gangs, banks and conartists)
-retirement obligations (debasement in value to keep up with payments from government or other retirement-obligations)
-fake credit (goods being transacted with credit-loss, replaced by inflation of monetary base rather than bringing perpetrators & source to justice)
-using enforcement labor to freeze accounts and assets and take away your money
-costs of auditors and budgetors and accountants to governments and businesses

Bitcoin, systemically, is free from these burdens.

Bitcoin is GLOBALLY held and sought after by people in almost every country - see global trade data by country or see this list:
https://bitcointalk.org/index.php?topic=1853019.0

BLOCKCHAIN without bitcoin = SCAMCHAINS
BLOCKCHAINS without bitcoin ARE SIMPLY PRIVATE DATABASES that every small business has even a coffee shop = NO VALUE, its like fiat currency, small minimal value!

BITCOIN BLOCKHAIN = SECURE IMMUTABLE VALUABLE OPEN-SOURCE DECENTRALIZED FAIR (scarce bitcoin supply). Globally people poured over $70Billion (USD) equivelent value into bitcoin and this will increase with time.

CAN SOMEONE PLEASE STOP BLOWING BUBBLES OF EXTRA FIAT MONEY AROUND THE WORLD? (PLEASE NO MORE USD, EUROS, JAPANESE YENS, INDIAN RUPEES, CHINESE YUAN, MEXICAN PESOS - PLEASE STOP INFLATING AND MAKING BITCOIN SO VALUABLE)...stop this pumping

https://macromon.wordpress.com/2017/04/26/the-chart-that-floats-overvaluation/
311  Economy / Speculation / Re: what you think about bitcoin in like 5 years? on: October 08, 2017, 09:46:56 PM
What is the best way to protect yourself and your family from fiat currency bubble debt scheme?

How can you stop enslavement to pumping of US Dollars or Indian Rupees or Chinese Yuan or Euros?

Bitcoin seems to be likely the best option to escape from the corrupt system.

Here's a comparison of bitcoin to Real Estate (Houses) vs Bonds vs Stocks vs Gold:

Which one to buy??

Bitcoin/USD
S&P 500 Stocks
Real Estate (REITs)
Gold
Bonds


(Note: Bitcoin performance suppressed due to post insane Chinese-run in late-2013)

[EDIT: Updated chart below thru to early August BTC roughly OLD PRICE of 3200usd back then):


312  Bitcoin / Bitcoin Discussion / Re: Why should people invest in bitcoin? on: October 08, 2017, 09:44:34 PM

Which one to buy??

Bitcoin/USD
S&P 500 Stocks
Real Estate (REITs)
Gold
Bonds


(Note: Bitcoin performance suppressed due to post insane Chinese-run in late-2013)

[EDIT: Updated chart below thru to early August BTC roughly OLD PRICE of 3200usd back then):


313  Bitcoin / Bitcoin Discussion / Re: Chinese traders soon to be found on BISQ https://bisq.network/ on: October 08, 2017, 08:37:00 PM
They can't close this one: https://bisq.network/
The website is look good and it is support for to be accessed by my android,
I have got something new article about the banning of bitcoins exchangers
on China. China Will Likely Resume Bitcoin Trading by Licensing Exchanges https://t.co/3nfE7aJUxk
I think they just want get taxes from trading digital coins Cheesy
So be ready for BISQ to pay the taxes for Chinese government after many users on there. Great job.

Good you can access it on your phone, but I wonder what sort of access is available from China itself.

The Chinese firewall blocks this bitcointalk.org website as well as VPNs, right? That's why you don't see too many CHinese here.
314  Economy / Economics / Re: Catalonia Referendum Pushes Bitcoin Prices Above $4400 on: October 08, 2017, 08:32:45 PM
Maybe the corrupt catalonians politics are pushing BTC price up.  Grin

Part of this independence trial is just to save some corrupt politics from the punishment by spanish laws. Politics that were stealing from contracts of statal constructions. Unfortunatelly Bitcoin is an easy way to make this money disappear...

Maybe. People of Spain marked top 5 peoples in a country engaged in Bitcoin.
315  Economy / Economics / Re: Be Careful What You Wish For: Inflation Is Much Higher Than Advertised on: October 08, 2017, 05:16:43 PM
The future is not good for the woung people today.
The golden age of capitalism is in the past and we will suffer more poverty and inequality.
The bad news is that cryprocurrencies are too far away from providing a working solution for those issues.
The world bankster elite want`s more and more debts for the people.They want more slaves.

=(
316  Bitcoin / Legal / Re: Could we invalidate all regulations? on: October 08, 2017, 05:12:29 PM
Regulations can only come in picture when Bitcoin is converted to fiat. Government can never regulate something on internet entirely. Even if they do, they won't be successful and yeah by spending Bitcoin online won't bring you under any regulation. That is why the community wants a worldwide adoption of Bitcoin by merchants and vendors for better Bitcoin utility. This will keep governments at bay. And converting Bitcoin to fiat for its usage kills the overall purpose of Bitcoin as a currency. So far Bitcoin hasn't succeeded as currency and that is why governments are able to regulate to good extent. This trend will surely gonna change in coming years.
Are you sure the community wants this? Decentralization creates lack of an overall strategy. Each pursues its own interests and as a result everyone loses. The miners want to have more profit therefore not profitable to do smaller transactions. How it contributes to the development of trade? Users who use bitcoin for speculation and don't want to spend coins in shops even where there is such a possibility.

Good for you that there is hundreds, thousands of OTHER cryptos that aren't as decentralized as Bitcoin where a center point can be steered for your overall community strategy. Go ahead. =)
317  Bitcoin / Bitcoin Discussion / Re: How Decentralized Exchanges Make Bitcoin More Resilient (and Us More Free) on: October 08, 2017, 05:08:25 PM
The biggest problem that I see with decentralized exchanges is that they're usually a bit more of a nuiscance to the people using them, and sadly, people would rather not go through trouble and go through more risk on these centralized exchanges to be able to avoid this nuisance. It's possible, that people could just be buying Bitcoin from other people instead of Coinbase, or trading altcoins peer to peer on decentralized exchanges rather then on Poloniex or whoever is winning that exchange battle right now.

Sad, but this is the world we live in. People would rather give up security for convenience.

Very interesting, you may have a point?  But what if a decentralized platform was made convenient?
318  Economy / Economics / Re: Bitcoin Surges Above $4400 As World Realizes Jamie Dimon & China Don't Matter on: October 08, 2017, 05:06:55 PM
The only reason why bitcoin price drop so hard is because when people heard that china is banning ICO's and caused panic so a large group of traders immediately sell their bitcoins without thinking that this might be a good chance to buy more cause this is completely normal cause even other resources doens't always rise high but sometimes takes a dip. The funny part is most of these people are new investors, this jamie whoever he is nothing but a con artist telling people that its a fraud everyday while he tried bitcoin when its in a dip.

And remember, Jamie stated that his daughter has bitcoin. LOL.
319  Bitcoin / Bitcoin Discussion / Re: Have you seen this? All the Money in the World - Visual from demonocracy on: October 08, 2017, 05:03:14 PM
This claims that Bitcoin's market cap is 14 billion dollars, so it was either last updated in November-December 2013 during the last bull market or in December 2016-January 2017 of this bull market.  Either way, it's hideously outdated and no longer represents the Bitcoin market/crypto market as a whole.

Haha. The link clearly marks January 2017. How did you miss this?

Furthermore, I'm not sure what the relevance of this actually is, because it assumes that the value of the Bitcoin market could suddenly be "withdrawn" and all of the money would be in physical cash, which is obviously impossible.

LOL. Same for every other asset listed in the world.

All the value of real-estate to be suddenly "withdrawn" in physical cash would be obviously impossible.

All the value of gold to be suddenly "withdrawn" in physical cash would be obviously impossible.

All the value of stocks to be suddenly "withdrawn" in physical cash would be obviously impossible.

All the value of bonds to be suddenly "withdrawn" in physical cash would be obviously impossible.

On the opposite end of the spectrum the global fiat system broke a couple of decades ago.
It's shit by nature, but it's not broken yet.  That'll happen once people start paying back their debts to banks, but it could take a long time.

Cool thanks for sharing your thoughts.
320  Bitcoin / Bitcoin Discussion / Re: Have you seen this? All the Money in the World - Visual from demonocracy on: October 08, 2017, 03:38:12 AM
Reminds me of the site that ranks your global wealth based on assets, income, etc. Most people in the 'lower class' division of America are still in the top 10% or something globally. Staggering!

Indeed, literally all Americans except the homeless are considered as rich by global standards. Even richer or wealthier individuals living in poorer countries could be considered less wealthy due to the low level of public infrastructure.

Most people living on modern societies are in debt, so they are poorer than a homeless man with $2 in change in his pocket.

Man this is so true. I know many people with a nice house, nice cars, nice clothes and who are in debit up their their eyeballs and beyond. You are right the net worth of the homeless man with no debt and a few coins in his pocket is higher than most of the debt slaves living in their bank owned houses, bank owned cars, and wearing their credit card charged clothes as their paychecks for the next 40 years are already allotted to someone else.

If Bitcoin even has a small impact on changing this scenario for even a few people the world will become a much better place.

Yes competition is a good thing. Monopolies of money by central banks around the world is a system of slavery.
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