I don't find this very surprising at all. The US is one of the worst when it comes to buying bitcoin and mining. A lot of other countries are beating it.
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I think that you should just save all your money. Cut your spendings by only buying what you need. I feel that that is the best way to manage your money.
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I think that you should sell the coins so that you earn more money in case Bitcoin crashes. If you are brave, then keep the coins and wait for the price to go up.
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I definitely think that it is going to keep on rising. It is just doing so well now and with Bitcoin just around the corner, the price is going to go up a lot.
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There would be no effect to the Bitcoin price if we found out who Satoshi really was. It is an open source so he really couldn't do anything to Bitcoin.
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There aren't more Bitcoin ATM's being built because they are very expensive to make and not many people would use them. In Sydney, Australia, there are only 3 Bitcoin ATM's. Like WTF.
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If it does disappear or it becomes worthless, then a lot of people will lose their money. All the people that invested when Bitcoin was a couple of hundred of dollars will lose money, but all the miners won't lose that much because they already made their profit.(unless they just started mining before the big crash)
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Altcoin really makes competition for Bitcoin. But only when it was relatively new. Now there is really no competition between Bitcoin and all the other altcoins.
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Guys its me .
I hate all these liars on this forum. I am the real Satoshi Nakamoto. Just trying to make some Bitcoin with my signature campaign because I lost it all when my blockchain.info account got hacked. Rip one million Bitcoin. ![Sad](https://bitcointalk.org/Smileys/default/sad.gif)
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Focus on your schoolwork and study hard. When you graduate, find a good job. Earn a living. Buy bitcoin.
That is some really good advice. Except for some people who actually want to earn money while they are in school. I know that I was always trying to earn money when I was in school.
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I think the larger problem is network bandwidth rather than hard device capacity. Even with high speed Internet connection (> 20 Mbit/sec) it can take a couple of days to download the block chain from scratch.
Yeah that is definitely the bigger problem. Where I live, the speed of internet is very very slow. It is like 10mbit/sec. I really hate it and I hope the internet companies do something about it.
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Dear bitcointalk users,
I'm not sure whether I'm on the right place but I'd like to ask where to ask or where to go when I need to accept bitcoins for my high risk online eshop. Can anyone point me to the right place? It's pharma business.
If it is indeed a drug store and your BCT account was accessed without anonymous software you are probably already being tracked. You would probably need some mixing services though Well I really doubt that. All that he said is that it is a high risk pharma business. So now people are getting tracked because they are starting a pharma business?
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If you don't want to spend any money, then just sign up for a signature campaign and start posting a lot. If you are willing to spend money, then buy some Bitcoin with fiat.
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If you are storing large amounts of Bitcoin, then I definitely recommend using a hardware wallet like a trezor or ledger wallet. If you don't want to spend money, then you could just a software wallet.
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Is Chinese so technology advanced now? I don't even have a proper device to view it. Please recommend a VR device to view this video. Made in China is okay, as long as it is not that pricey.
This mostly shows the poor conditions in what people there work, seeking only profits from mining at all costs. Its so dirty and built as an abandoned warehouse, dont see what tech advancement you see there. btw made in china mostly means garbage, 99% of the time. As far as VR devices go, you dont need one to take advantage of VR videos, just use your mouse to look around all the angles, as you would on google street view. Making it in an abandoned warehouse means low costs and no one will look there for anything. I see that as an advancement, but not a technical advancement. Making a mining farm is definitely a technical advancement. We have very different views on this video.
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Aaaand thats why we made mining pools. We already know that Bitcoin uses a lot of power and thats why, if you want to make money, you get yourself into a mining pool. It still uses a lot of power, but you can earn more money. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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I am Satoshi Nakamoto. To prove it here is my SHA256 hash. Message: Hash: 5d7c7ba21cbbcd75d14800b100252d5b428e5b1213d27c385bc141ca6b47989e Lies Here, I'll start.
I am Satoshi Nakamoto.
All lies. I am the real Satoshi Nakamoto, you better respect my authoratay. Or I will take all your Bitcoins ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) .
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And bitcoin has faster transactions than the bank and more secure I guess.
Neh, you're wrong. IMO, bitcoins aren't that secured as compared to bank. Bitcoins, if ever hacked, you loose 'em forever but it isn't the case with the banks. What are you talking about? Bitcoin is definitely more secure than a bank. If a bank gets robbed, there goes all your money. If a bank gets hacked, there goes all your money. With Bitcoin, you can get a paper wallet and be completely safe.
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I think majority of people are not aware about bitcoin yet, and if they don't know then we cannot expect that they will start using it.
Exactly, lack of knowledge is a big issue here, as many people have not even heard about bitcoin so its difficult to expect that they will start using it. Yeah lack of knowledge seems the issue why people doubting to use bitcoin and they are afraid to stake with it because they are afraid to lose their money because they dont know where to go and where to ask if they have problems about bitcoin and some other people are not really aware to it and seems it new to their eyes. I think that a lot of people have heard about Bitcoin but they haven't investigated anymore than that. That is the real reason people don't use Bitcoin.
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Why would the fact that China is basically controlling mining do anything to Bitcoin?
The whole concept of bitcoin was based around decentralization. If China controlls a large % of the hash power then it would only take the collaboration of a few to hit the dreaded 51% control point Yeah exactly. If there is only one country controlling the whole thing, then the whole point of Bitcoin is gone. It is not really their fault though, no one else wants to mine.
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