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LOL
poor Digital Currency Group
poor Barry Silbert
poor Jeff Garzik
poor Coinbase
poor Bitpay
S2x BTC1 is dead before arrival.
RIP
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Reply if you find the post useful, share your thoughts.
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Bitcoin at this point is unstoppable (and actually has been so since 2013, over 4years ago). Consider anything you hear to be free advertising. Good or bad.
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The site looks quite appealing to me but I wonder what kind of a domain .network is ? The peer to peer based exchange looks promising to me but I wonder whether it would be a successful one . It is still in a Beta stage and needs a lot of advertising. It might actually be a good option for chinese traders as it is p2p. There are already other p2p crypto exchanges so what does it make different from the others ?
Also, would this work for those within the China firewall? |
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Africa is covered by demand for crypto-currencies !!! Now Bitkoin.Africa allows customers from all African countries to buy bitcoins, quickly and without problems. Nigeria became the first country to exchange P2P digital assets, seeking to facilitate access to bitcoin throughout the African region. Bitkoin.Africa was launched by a team of Nigerian developers on October 1 Have a nice day, everyone!  Has Africa always had an "expanding demand" for Bitcoin? I could have sworn that a decent portion of the posts that I had seen back in 2014-2015 were about Africa suddenly having a massive demand for Bitcoin, or asking how Bitcoin could be spread within Africa, etc. This doesn't seem like anything that is newsworthy to me, really. They seem to have been doing this for a long time and I would have been more surprised if there wasn't someone who was developing things within Africa. Yes, there's a bigger presence of Bitcoin in South Africa and Nigeria. Kenya is emerging as well due to recent history. You can see the growing demand by country from localbitcoins trades here, the growth is staggering (scroll down to see all the individual countries: https://coin.dance/volume/localbitcoinsAdoption of electronic-remittance has been great in many places in Africa! Primarily from the widespread use of cell phones with internet connectivity. What would serve the people of Africa the best would be to use the real Bitcoin as it the most secure and best store of value. Any other 'blockchain' is essentially a scamchain. The greatest use-case for Africans would be obtaining Bitcoin as a long-term savings mechanism and secondary use as a cheap means of transfer for cross-border remittances. Bitcoin is the best tool to break away from central-bank financial bondage. Has everyone known about the widespread use of cellphone remittance in Kenya (other parts of Africa) and attempts to centralize and control, shutdown competition?
Not too long ago - the debacle of Safaricom Mpesa and Bitcoin;
https://www.kenyainsights.com/revealed-how-a-worried-safaricom-used-backdoor-to-shutdown-bitcoin-which-was-set-to-neutralize-mpesa-dominance-in-kenya/Not just in Africa, Fiat around the world is heavily infested, broken, and burdened with: -regulatory burden on fiat banks & system (incredibly costly) -insurance fraud -false claims and insurance losses -unemployment & other welfare costs -inflating fiat to keep stock market rising and to keep house-prices from collapsing -financing conflicts, bombs, and "aid" -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) Bitcoin, systemically, is free from these burdens. Bitcoin CANNOT be controlled. Bitcoin cannot be made legal. Governments may still attempt to do so. Bitcoin cannot be made illegal. Governments may still attempt to do so. Efforts by any country's central bank or government to regulate bitcoin will accelerate that country's demise of fiat value. These costs of such attempts and many other costs are absorbed by monetary inflation - making fiat even more worthless over time. Fiat system has been broken for decades. Bitcoin however had reached escape velocity globally 4-years ago in 2013 thus will continue to rise & be adopted as it is the only escape from financial slavery and an opt-out of war-making, slave-labor producing central bank regimes. |
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It appears that governments love blockchain technology but hate Bitcoin itself, as well as other “crypto-anarchic” digital currencies. Some governments are reacting in a panic because they are starting to realize that they can’t stop Bitcoin from becoming an alternative to their monopoly on currency, both as a means of exchange and a store of value. Centralized cryptocurrency exchanges are especially vulnerable, and other governments could follow China. Atomic swaps are the first sign in a new wave of decentralization. It is going to be interesting to see how the trend develops, since for larger and more complex transactions with fiat currencies, LocalBitcoins and established exchanges are still the place to be.
“The panic has to set in at some point,” argued Beams. “But it will do so at different times for different governments, and will produce a range of responses from them when it does.
Beams suggested that the only way to really stop decentralized crypto-fiat exchanges would be to outlaw Bitcoin trading altogether.
However, he thinks that this sort of heavy-handed attack seems unlikely to be attempted in the U.S. or Europe because there are just too many vested interests in Bitcoin now. It’s more likely that the authorities will continue to insist on KYC, tolerate compliant centralized exchanges and demonize the decentralized ones.
“With all that having been said, I’m actually optimistic,” concluded Beams. “Attacks by state actors — real and threatened — are making every part of this ecosystem stronger. Bitcoin has proven itself anti-fragile as hell thus far, and by the time all the battles have been waged, what will emerge on the other side are alternatives to existing financial institutions — money, banks, exchanges and all the rest — that are actually better in every way than their traditional counterparts. https://bitcoinmagazine.com/articles/how-decentralized-exchanges-make-bitcoin-more-resilient-and-us-more-free/The thing is, once you separate Bitcoin from Blockchain, then you are left with either a private database or an unsecure database. There are thousands of cryptos and maybe less than a couple of secure decentralized blockchains out there. All else; BLOCKCHAINS without bitcoin = another unsecure or private database which any small business (even coffeeshops) have which carry little value BITCOIN BLOCKCHAIN = IMMUTABLE OPEN-SOURCE DECENTRALIZED GLOBALLY DISTRIBUTED VALUABLE SECURE (scarce supply of bitcoin) Banks, shills, conartists are the backers of "Blockchain" without bitcoin. Bitcoin became unstoppable since 2013. Bitcoin is growing immensely despite all big banks in every country starting a war 4-years ago on bitcoin in 2013 (all supervisors and tellers have been told to reject transactions relating to bitcoin if they are told about it but the easy way around this for everyone in the world was simply keep quiet and buy/sell transactions but never say "bitcoin".) Amazing to see global trade growth on localbitcoins as well (scroll down to see all the individual countries: https://coin.dance/volume/localbitcoins |
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News that Catalonia has won ‘right to statehood’ sent the price of Bitcoin at $4400 on Sunday evening, close to 45% above the recent low.
It’s now official, 90% of Catalans who participated in Sunday’s referendum voted for independence.
That sounds like a clear victory for Catalonia’s independence movement.
The trouble is that only 42.3% of Catalonia’s participated in the referendum, which Spain’s constitutional court has declared illegal. And scores of people were injured in clashes with police.
Source: Coinranking.com
While it is still unclear which way things will go next, one thing is clear, uncertainty is to spread over Spain, EU, and the global economy.
That’s music in the ears of Bitcoin traders who pushed the digital currency up close to $150 dollars on Sunday evening, as clashes between pro-independence demonstrators and Spanish police broke off.
Bitcoin prices have stayed firmly above $4ooo recently, as traders have realized that the digital currency can survive and thrive without China. And government regulation is positive, not negative, for the future of Bitcoin and other major cryptocurrencies. It adds credibility to the market, while limiting the supply of new coin offerings.
Meanwhile, the digital currency has emerged as the new “gold,” a hedge against growing global uncertainty, as it was discussed in a previous piece here. http://cfd.net.au/article/catalonia-referendum-pushes-bitcoin-prices-above-4400-mon-10022017-0408.html... I don't know how strongly this news might be linked to bitcoin's value. The rationalization behind it seems to say Catalonia's independence is similar to the UK's brexit. It represents decentralization and the opposite paradigm to the one world government, one world currency, cashless society initiatives which globalists and perhaps central banks favor. For those in europe who know more about this, what's your take on this? Is it surprising to anyone how vehemently violent the governing establishment can be with their violent squadrons of "police"? Centralbank system feeds war and conflict - this is what your fiat currency, US Dollar, Indian Rupee, Chinese Yuan, and Euros do. Bitcoin became unstoppable since 2013. Bitcoin is growing immensely despite all big banks in every country starting a war 4-years ago on bitcoin in 2013 (all supervisors and tellers have been told to reject transactions relating to bitcoin if they are told about it but the easy way around this for everyone in the world was simply keep quiet and buy/sell transactions but never say "bitcoin".) Amazing to see global trade growth on localbitcoins as well (scroll down to see all the individual countries: https://coin.dance/volume/localbitcoinsLookout for another upcoming strong solution that will make bitcoin's decentralization stronger is cross-chain atomic swaps! Decentralized trade without fiat. |
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I strongly think it is and obv. this lowers the overall quality of this forum as a source for useful information. As soon as a newbie asks a question, sig spammers start crowding the topic with their 99% sensless/false/bs answers. Some (most?) of them didn't even understand the topic!
@Theymos: The problem is not created by the sig spammers, but the system allowing it. There might be a point where Bitcointalk will be rejected by the users, when you can't find the information you are looking for, because it's hidden in a flood of trash.
Sure BUT along with the "trash" is a chance of opportunity and outreach to a population who CAN be educated that are geographically dispersed throughout the world! They will eventually learn to read, decipher and see history happening for themselves first hand and see how much they are missing out on becoming free from the fiat currency slave-system with every month that passes by. And this will lead to action of opting for Bitcoin rather than holding fiat. And then spreading of this knowledge (hopefully in a less nonsensical way). |
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Weak hands being flushed will always be the case through past history, today, and into the future. Same thing will happen when Bitcoin is $10,000, and $15,000, and $20,000.
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"Sometimes it is said that man cannot be trusted with the government of himself. Can he, then, be trusted with the government of others? Or have we found angels in the form of kings to govern him? Let history answer this question." --Thomas Jefferson: 1st Inaugural, 1801. ME 3:320
And it has been answered unequivocally; we've had the exact opposite of angels and countless innocents have been killed by and due to governments, even in the U.S.
More people should read this. Great wisdom. |
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Keep in mind: Bitcoin is growing immensely despite all big banks in every country starting a war 4-years ago on bitcoin in 2013 (all supervisors and tellers have been told to reject transactions relating to bitcoin if they are told about it but the easy way around this for everyone in the world was simply keep quiet and buy/sell transactions but never say "bitcoin".) Amazing to see global trade growth on localbitcoins as well (scroll down to see all the individual countries: https://coin.dance/volume/localbitcoinsLookout for another upcoming strong solution that will make bitcoin's decentralization stronger is cross-chain atomic swaps! Decentralized trade without fiat. |
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If they blatantly attacked bitcoin infrastructure it would first of all be an admission of fear and weakness. 2nd it would have the opposite effect. The community would rally together and all the free advertising would all serve to increase the bitcoin price. I hope they try.
At this point, you may be right - could it be considered free advertising? |
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Wow, excellent stuff. Thank you for sharing Hydrogen. Visuals help immensely.
Taking this one step further, if you were to globally-weight inflation of all the global fiat currency in the world from all the central banks, I'd wager, on balance the annual rate of pumped fiat growth would be around 13% to 23% annually!
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I'm wondering if others on the forum were aware of Satoshi's message to spawn Bitcoin into the world?
It's certainly news to me. I'd love to know more about Satoshi and how Bitcoin came about. I've just been watching The Da Vinci Code - The Satoshi Code would make a great film too. Wow great to hear this was news to you. Kudos for wanting to find out more. I could point you to: The Book Of Satoshi: The Collected Writings of Bitcoin Creator Satoshi Nakamoto Paperback – June 5, 2014 by Phil Champagne (Author) Can be found on amazon: https://www.amazon.com/Book-Satoshi-Collected-Writings-Nakamoto/dp/0996061312Some other reference links and food for thought: Bitcoin is growing immensely despite all big banks in every country starting a war 4-years ago on bitcoin in 2013 (all supervisors and tellers have been told to reject transactions relating to bitcoin if they are told about it but the easy way around this for everyone in the world was simply keep quiet and buy/sell transactions but never say "bitcoin".) Amazing to see global trade growth on localbitcoins as well (scroll down to see all the individual countries: https://coin.dance/volume/localbitcoinsLookout for another upcoming strong solution that will make bitcoin's decentralization stronger is cross-chain atomic swaps! Decentralized trade without fiat. |
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So refreshing to see this robust discussion even in 2016. Yes smart people around the world are noticing how resilient (and unstoppable) bitcoin is. Big blockers couldn't stop bitcoin. Bitcoin is growing immensely despite even all big banks in every country starting a war 4-years ago on bitcoin in 2013 - all supervisors and tellers have been told to reject transactions relating to bitcoin if they are told about it but all of us people in the world keep quiet and buy/sell transactions but never say "bitcoin". Bitcoin pwned outdated Banks. Amazing to see global trade growth on localbitcoins as well (scroll down to see all the individual countries: https://coin.dance/volume/localbitcoinsAnother strong solution that will make bitcoin's decentralization stronger is cross-chain atomic swaps! Decentralized trade without fiat. |
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Yes smart people around the world are noticing how resilient (and unstoppable) bitcoin is. Bitcoin is growing immensely despite all big banks in every country starting a war 4-years ago on bitcoin in 2013 - all supervisors and tellers have been told to reject transactions relating to bitcoin if they are told about it but all of us people in the world keep quiet and buy/sell transactions but never say "bitcoin". Bitcoin pwned outdated Banks. Amazing to see global trade growth on localbitcoins as well (scroll down to see all the individual countries: https://coin.dance/volume/localbitcoinsAnother strong solution that will make bitcoin's decentralization stronger is cross-chain atomic swaps! Decentralized trade without fiat. |
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Thank you for sharing. Amazing to see global trade growth on localbitcoins as well (scroll down to see all the individual countries: https://coin.dance/volume/localbitcoinsAnother strong solution that will make bitcoin's decentralization stronger is cross-chain atomic swaps! Decentralized trade without fiat. Some output from google for bisq network: About 28,600 results (0.28 seconds) Bisq - The P2P exchange network https://bisq.network/
Welcome to Bisq! Bisq is an open-source desktop application that allows you to buy and sell bitcoins in exchange for national currencies, or alternative crypto ... Roadmap This Roadmap might change at any time, especially in response ... More results from bisq.network » GitHub - bisq-network/exchange: The decentralized bitcoin exchange
https://github.com/bisq-network/exchangeThe decentralized bitcoin exchange. Contribute to exchange development by creating an account on GitHub. |
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Is having a fiat, debt-based monetary system a good thing for the world? |
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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?
I'm wondering if others on the forum were aware of Satoshi's message to spawn Bitcoin into the world? |
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