You shall learn that there trading bots everywhere, buying and selling oil, metals or currencies. Unfortunately, there is just no way to ban them. Often, you can't even tell they're bots.
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Stability? What's that? Nothing in this world is stable. World-wide acceptance? Nothing in this world is like that. The U.S. dollar is quite popular, but in Switzerland, North Korea and some other countries, it is not.
I want BTC to remain quite anonymous as it is, and I don't see stability nor world-wide acceptance as goals.
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I once had a directory on my website, but I can't remember when I removed it. Maybe in 2008? Sorry, but BTC needs new ideas.
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This is a private transaction. Similar sums are being exchanged million of times each time with fiat. There has been large transactions before, and there will be more in the future. It's the best and the worst of BTC that people can report and comment it.
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There isn't the slightest piece of evidence of any relation between BTC and what's going on in Syria. Has there been a rise of BTC software downloads from Syria? Most BTC investors are very far from Syria, and they may care about what's going on there, but I fail to understand how this could make them invest more, or bring more people investing.
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BTC and domain names are totally different. All bitcoins are equal, but all domain names are not. sex.com is worth more than mydirtydog.com. Then everybody can use BTC whereas my parents would not know what to do with a domain name. Also owning a domain is not anonymous, there has to be one registered legal owner.
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i ask this because it seems that when there is economical/political instability, BTC price goes up...
There's no data to prove this. BTC went up when Cyprus announced it will seize money from bank accounts, but that was very specific, and most unusual. There are lots of economic instability in India and several European countries right now, but I don't see any relation with the price of BTC. Do you? Another war in the Middle East would make oil reach new heights, no doubt about that, but a relation with BTC is not proven.
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I'll keep my comments secret.
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Don't dream of it. If the Euro crashes, that would bring down the world economy, causing job losses everywhere in the world. BTC would go down.
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That's hard to believe. Limits on amount are normal, but why a limit on the number of transfers? Unless SEPA transfers within the Euro zone, banks charge a fee for each international transfer, so the more transfers you make, the more money they get.
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Anarchy starts with anarchists. Stop paying taxes, burn your social security card, dump your TV, and take your money out of the banks. If most people were to do that, we would get something close to anarchy.
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Property tax is the answer. Many thinkers have already argued it should be the only one, and for some of us it is. I have two solar panels already, and as their price is going down, like electric cars, I believe energies will be more and more difficult to tax.
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Next is an email asking you not to be so naughty if you watch a lot of porn. I've never installed google chrome, and I won't ever. I like stupid computers and software so I can think by myself.
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Do you think this will help BTC?
BTC already has a problem because some people see it as the money for drug-lords and terrorists, it will not make it better to associate it with porn businesses and gamblers. There's definitely an opportunity with high risk merchants but our goal should be to pay with BTC at Amazon or Ebay.
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Everyone has an opinion, that's nice and we may also have different definitions of dirty money. Drug money is generally seen as dirty money, but 100 years ago, cannabis and cocaine were perfectly legal, and sold freely in shops. No dirty money there.
In many places, gambling is illegal, and people from those places see Las Vegas as a shameful ring of dirty money factories.
Don't get me wrong, there's real dirty money coming from bank robberies and extortion, but there's also a lot of dirty money coming straight from the government.
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Really?
Gas was cheap, and houses were too. Land was even cheaper and you didn't need the building permit that is required now. Managing a business was also much easier, it was easy to find a job, leaving it and finding another one, and there were fewer lawyers. Somehow, life was easier, as there was less government's intervention or regulation, then nobody worried about the future. I watch old movies and I see people living differently from what I see today.
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Congratulations, it's a nice idea. I had no idea there were so many vids about BTC, but I wonder if you'll be able to find new videos every single day.
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Great work! Thanks for the info, and thanks for taking the time to put it here.
But I think you shall consider changing the title. It should be more like: "How the ugly government gained legal right to scrutinize and control all private transactions in the country".
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Some exchanges already offer this, if you keep your BTC at the exchange.
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...on the nature and scale of the risk posed by such ersatz currency... I know BTC is safe, but it will more and more difficult to offer exchange services in the U.S.
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