Bitcoin is objectively the best form of money  the problem is we lack the insane monstrious infraestructure of the state, and that's violence monopoly and basically mass acceptance. Those two things are the only things that aren't allowing making 1 Bitcoin = 1 Billion dollars, where it should be if people used the objectively, best, most updated version of money we've ever seen. |
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Fear is one of the biggest driving emotions and this is no different in the market game. Induce fear into any group of people and they will all fail for it. This is why there is an ongoing agenda of disinfo, even a trojan horse trying to attack Bitcoin from within to cause confusion and have people dumping their coins for cheap fiat. The ones that resist will become rich after the storm.
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Don't wanna sound like a fanboy but honestly, it's the best thing you can do with your money right now in terms of % of "gambling". Sure, you never know what can happen, but make no mistake, the Bitcoin party hasn't even begun, and the price is really low compared to the potential gains and relative to latest ATH.
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I think what iCEBREAKER said is on point, basically to sum it, there's no way raising the blocksize to 20, or even 8mb will get you anywhere close to where we need to be. There's no way around something like blockstream if you want to achieve VISA level transactions in the future. I am in favour of raising it a bit, but have in mind, there is no huge scalability possible if everything happens on chain.
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Hopefully with Gemini exchange things will get more serious. The user support should be good there. I still think we will never get full mainstream without jobs being paid in BTC being a thing. When you get paid directly in BTC it feels waay better than having to buy it first. When you have to buy BTC you will never spend it, you will just hoard and use it as gold.
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Under file it should have "Write offline transaction" and "Put offline transaction online" or something along those words. Already has sign/verify message, sweet feature.
bitcoin-core is 99% about protecting the network by decentralising the blockchain.. so features will be a secondary thing. much like banks SWIFT network has nothing to do with Visa's contactless NFC features. but if you want the feature added to bitcoin-core, there is nothing stopping you talking to the dev team.. as im pretty sure that comments on this forum dont really register on the dev teams radar as a place to get feature requests.. plus because it's not really essential to the security of the network, maybe a donation to pay for their time would sway them to divert resources away from security and onto user-friendly. But you can't fall under the trap of keeping Bitcoin Core as a super limited software with basic features forever if you want to give people an incentive to run full nodes. Sure, it should stay basic and extremely solid, but make it more usable and user friendly as well. |
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The first concern has low possibilities of happening. Sure, the goverment or some evil entity could try to market their coin as the next big thing, but have fun trying to outdo the current Bitcoin network which is the strongest on the planet. The second concern is definitely a non issue, we are nowhere close to quantum computers doing anything useful.
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Satoshi was being realistic about its own design unlike all of you small blockists who didn't had the genius to invent bitcoin. He obviously wasn't locked up in a prison of fear.
The conditions under which Satoshi himself established a block size limit, remain today. No. The recent spam attacks prove this wrong. The limit is useless. If there was no limit, the consequences would be even worse in theory, because it would be like having no brake, so you would be pushed against a cliff without no way to stop. The bloat is a defense mechanism in a way. We need a good intermediate solution and raising the blockchain to a ridiculous level doesn't seem like one. |
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it's not so much that girls don't use Bitcoin, it's just the average Joe that don't use it at the same level that "girls don't use it" so to speak. You simply can't expect people that haven't conscientiously looked into it to be using Bitcoin, it's still a very geek centered niche. So just wait and let it develop to see girls adopting it.
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Bitcoin will only go up in the future, the big picture will look like this:  So let them do their hating and focus on your own business, which should be getting as much BTC possible while it's still possible to obtain 1 BTC without needing to be already rich. Owning 1 BTC will be the equivalent of owning BRK type A stocks. It's beyond me how some people still not realize this fact. Owning 1 unit of BTC: buying a parcel in the most important network ever. |
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Try make your own bussness like a faucet site or gambling site or any site that can get some profit to your coins.... dont try invest to any site like coinsera and scrypt.cc
This will work. This is a sound investment. Gambling sites make ton of money but there is a lot of competition. Faucet owners make nice money as well. Of course you have to know how to build one of those or pay someone if you don't know how to do so. You also need to know how to operate these sites. But now I have noticed that some people even hire people that run these sites for them. In this case your earnings will decrease considerably. I wonder what makes a faucet site be successful besides marketing? I mean all faucet sites are pretty much as far as I know, sometimes they are just direct ripoffs with different layouts and that's all. What makes a good faucet website at all? And I wonder for how long a faucet site can be profitable, consider that people may get tired of your site and go to another one, or the price may make the sites less or more populated and so on. |
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While I don't agree with their mindless BIPs of raising the blocksize to ridiculous amounts all of a sudden without understand the big consequences in teh severe lack of decentralization that would constitute, I do not condone banning. I haven't seen the entire log tho, so I don't know. Maybe he was straight trolling at some point? or was the admin just having a bad day? who knows.
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where can I get loans  ....BC I want to buy an sr member account... I know there r some sites that giving loans but I don't know how to take loans ? To take a loan here (on the forums) you should give a valid collateral basically , If you want a loan to buy senior member for example that costs 0.2 BTC (estimated , depends on stats) , you should give a collateral that is worth 0.2 BTC or a little bit more otherwise you won't get anything . (Collateral is used in case who took the loan wasen't able to give the money back.) Now , if you want to do it without collateral , then there is BTCJam however you have to provide a lot of informations : ID & Passport , screenshot of you holding the ID , Link Credit card/Ebay/Paypal account & Bank account and verify income etc ... What I don't understand is how apparently a lot of people in BTCJam deliver A+ tier credentials are still scamming people. I assume this was because they legitimately where unable to pay back the loan. It's either this or they are using fake credentials. Anyway, what happens to a person that doesn't pack back after giving all their personal details? |
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It seems BTCJam is having less and less volume lately. Maybe people is getting tired of not getting paid back. I wonder if the business will survive long term. We need something to make lending more secure and less of a big gamble, because I would rather go to the casino for that.
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I'm not even going to question the organization or cause, but I am still tell people not to donate. It's nothing in particular about this very cause (as said, I have not evaluated it). There are a lot of wealthy people that can donate in cash to this (if legit) or any other cause. These Bitcoins will just get sold on the market (instantly or later) and fiat will be used. This is not the point of Bitcoin and thus I do not support donating to such organizations. There have been many call outs for donations so far, and I'm against most of those.
You are most likely right, but what matters is the action. If people donate a lot, you may get on the headliness as something positive that the Bitcoin community did, which is great because we need good press since all we do is get in mixed with criminals, drugs and so on. Of course, the ones that should donate the most are whales, im just another poor guy trying to make 1 BTC every once in a bluemoon. |
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A blockchain is more than a database (private or not). When something enters the blockchain, it's there stored literally forever, and cannot be modified. In the future, generations will say "carved in the blockchain" instead of "carved in stone". That's why it will become more expensive to use it and everyday stuff will have to go through payment networks like LN.
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i heard many Cryptocurrency but why people mostly use bitcoin?
Because of the network effect. Bitcoin as the first currency of its kind has the highest adoption rate which makes it the most usefull crypto currency. There are probably alt coins out there that are an improvement over bitcoin from a technical perspective, but it cant be used as long as no merchant is accepts it. The more bitcoin is accepted to strong this effect will become. The network effect is 50% of a coin's success but the rest is hard work and dedication by good devs, and the devs (leaving all the stupid drama as of lately) are doing a great job and will continue to do so. Meanwhile I can't fully trust devs from other coins because they are just trying to come up with some gimmick trying to replace Bitcoin. |
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They cannot stop Bitcoin, by shutting down Bitcoin related websites. A lot of people have tried this before with peer-2-peer networks and they were unsuccessful. They might
slow it down, but they will not shut it down completely. People just find ways to circumvent these bans, by using Tor or moving hosts or using alternative ISP's.
Social media is also a very popular media to use, and also classified sites like Backpage. People will just go underground, if they go through with the banning.
They will slow down the average joes trying to get in the ecosystem tho, most ignorant people don't know what Tor is, or a VPN, so they may not get around that. I will hope that the more techy guys help the less computer literate guys so together they can bring Bitcoin in the spotlight where it deserves to be instead of the filthy economy they have on that poor dictatorship ruled country. |
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yes i have 1 bitcoin but i cant touch it  that was the incided fought with me 1year back i lost my wallet password Then no one has that bitcoin, it is as good as sunk in the middle of the ocean. Well, if you look at the positive side, everytime that someone loses a Bitcoin, it is indeed lost forever, and in return it raises the % of scarcity of Bitcoin. So think about it, you contributed to making the price higher because your Bitcoin counts as an eternal hodler. Now what you should do is focus in trying to make another one. |
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I bought another 1 just now on btc-e.
And lose it there you will as well Actually at this point I don't have any wealth in BTC , I am fully spread across Alts ATM, BTC is boring to trade with amounts under 100 btc Why do you say this? There is money to be made in the alt world. Granted, lots and lots and most of the stuff is a joke, but some projects are worth investing in with at least mid term goals. Maidsafe is an amazing project. I think it's worth investing. I've put half a Bitcoin on there and I'll hold it at least until I go x3. Right now is so undervalued it's amazing. |
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