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3561  Bitcoin / Bitcoin Discussion / Re: More people have to hold BitCoin on: October 13, 2015, 05:19:39 PM
It's simple: Just offer better deals than your competition and people will have an incentive to put their adverts in exchange of Bitcoin. The ones that want to be leaders in this industry need to stablish themselves before the big monsters (Google Adsense, Youtube networks like Machinima etc) start paying in Bitcoin.
3562  Bitcoin / Bitcoin Discussion / Re: Instant exchange on the merchant's site?! on: October 13, 2015, 05:17:33 PM
Hello.
Is this scenario can be done?

Can somebody pay at the merchant's website with his/her card (Visa/MasterCard), on the same time, the merchant receives instantly bitcoins?

Thanks

Thanks.

There are some cards that let you pay in fiat, and then the card extracts BTC from your wallet (you assign the card what BTC addresses to take the BTC from or something like that). I think Xapo and Bit-X have a service like this so look it up.
3563  Bitcoin / Bitcoin Discussion / Re: The more you know... on: October 13, 2015, 05:16:01 PM
Bitcoin is the ultimate form of money. The only reason it isn't the worldwide currency that people that understands barriers in money are stupid it's because of the states and the monopoly of violence (armies) backing up the fiats, not because they are better money. So yeah, it's pretty much fucked up how they are stopping progress.
3564  Bitcoin / Bitcoin Discussion / Re: quantum computer is here. and now? on: October 11, 2015, 12:46:55 AM
Dude, do you think it would be a catastrophe that SHA256 got hacked because of Bitcoin? the entire banking infrastructure and a ton of other infrastructures not related to banking are running under SHA256, it would be a total disaster. It's just sci-fi. Also before that happens im sure the devs will be aware that something like that is actually feasible and they, and any coder that is pro-bitcoin and wants to contribute will help. This is smart money for a reason. It will keep evolving to whatever treats we meet along the way.
3565  Bitcoin / Bitcoin Discussion / Re: Dear banks, it's not about blockchain technology on: October 11, 2015, 12:37:29 AM
The good news on banks focusing on this crap is that they are putting their energy into a dead end, so in the meantime you can focus on obtaining cheaper Bitcoins. If all the banks jumped on the Bitcoin blockchain the price would raise too much. It's actually a good thing to have a low price for people like us that don't have that many BTC so we can stack them properly.
3566  Bitcoin / Bitcoin Discussion / Re: Website to verify bitcoin signatures anno 2015? on: October 11, 2015, 12:34:34 AM
Verifying Bitcoin signatures online is ludicrous to me. Why do we have wallets that we know are safe and will do the job?

This is like verifying SHA sums online, it beats every purpose of doing it!

Oh well..

I think wallets that function online can be very handy in certain situations where you don't have your main software availible, like you are traveling or something. It's good to have some spare change "in the cloud". Other than that, it's not safe. Brainwallet being closed is a proof of that.
3567  Economy / Economics / Re: A Resource Based Economy on: October 10, 2015, 11:48:33 PM

But, is a market really viable in a society where machines can make a surplus of a lot of stuff? is it possible to have a market when most jobs are just automated and most people simply "aren't needed"?

Well i'll tell you something, im not sure about it... and im a proposal for free market myself, but I think at some point in the future, it will make no sense. Maybe in 100, 1000 years, I don't care, it will eventually make no sense.

Yes because trading will always exist, and has always existed, since the beginning of the universe.

When you inhale air you trade your CO2 to the plants, and the plants give in return O2.

Not all trades are commercial, but trading will always be present. And for a trade you will always need a market, so the best and most efficient form is a free market, not a controlled zombie market.

Otherwise lets put trading tariffs and regulations on the plants O2 trade, and lets make the plants pay income tax Smiley

-------------------------------------

Trust me free market in its core will always be needed, even in the soviet union you could trade basic things, you just couldnt had means of productions. Imagine if you could have, people would live better.


Controlled market VS Free market  is like a disabled wheelchair person vs a marathon runner athlete, you just cant compare the two.

True, but the point is, when there is a surplus of stuff, you can just use it and send it back to a place that stores all that stuff, I think this is the correct mindset for the future. Using something for free and then giving it back so other people can use it, instead of storing useless shit we only use once.
3568  Economy / Speculation / Re: I have halted all purchases paying with Bitcoin on: October 10, 2015, 11:43:48 PM
just hold it and wait 10 years. that is probably a better choice than buying gold.

by the way: in the meantime you can study it further  Smiley

This. The best a man can do now for his portfolio is stack and stack like a madman. 10 year is the magic time period to hold it and wait for huge things to happen, and in the meantime you may sell a bit if you are feeling lucky into predicting a bubble (for example, the incoming halving). Other than that just hold it imo.
3569  Bitcoin / Bitcoin Discussion / Re: Describe BITCOIN in ONE word. on: October 10, 2015, 11:39:41 PM
Disruptive. Because it's about to fuck the entire financial industry and these old people don't even get it. It will be fun when they finally get it, but by then it will be way too late and only those that were ahead of the pack will survive. The rest will all end up an irrelevant company like Aol or straight gone like Kodak.
3570  Economy / Speculation / Re: The Halvening on: October 10, 2015, 11:10:18 PM
The price raise is inevitable with time and halvings etc
I am sure of that much..

Raise to $50,000 per piece I am not sure in our lifetimes, it could happen easily if some  event  increased demand rapidly but I would predict a more gentle curve upwards with adoption growing and supply dwindling....

$5000  I can see.... In the not too far away future 

More Scarcity  + equal  consumption would bring us there eventually as is without anything happening  ....
  but the unpredictable things like   darkwebs services  and markets and gambling are growing as more and more people figure out how to use them so the growth could hyper inflate much faster than people anticipate...

50k a btc would need legitimate companies using or accepting  it for business transactions to reduce costs etc I think but 5k will be attainable whether they like it or not due to factors outside their control

The people have the power to make or break anything and the general public  will not stop smoking weed/gambling or whatever else they  want  just because their local law says they're not allowed that...

An uncontrollable multinational payment system that involves no trusted party will never fail completely  so  forget anyone who says it's going to $0 as they are probably buying up  coins while scaring you into parting with yours cheaply... There is a ridiculous amount of these kind of people now, they say btc is doomed worthless and yet they spend all their time on a btc forum (wouldn't that make their lives worthless too? ) .... Not too difficult to see their true  agenda once you've been here for awhile... you will be able to spot them from a distance ....

Be wary of them here and elsewhere scaremongering  .... They will do anything to get your btc because the race has started and human greed has no limits... But btc IS limited, scarce and valuable... Wink


If we don't see SIX figures during our lifetimes it would mean Bitcoin failed. 50K is nothing. You guys seem to forget that there will ever exist 21 million coins and a lot of them are lost forever already, so its less than 21 million coins of total supply. You seem to forget that it would only take around 1% of fiat economy to be inside the Bitcoin economy to hit something around 300.000 USD per coin at current supply...
3571  Economy / Service Discussion / Re: 2 BTC in 2 months on: October 10, 2015, 11:08:01 PM
I can try to be 24 online......

You should just create a new account, as signature campaigns generally don't let people with negative trust participate, even I cannot join some of them, but I don't really care. Wink

It's useless if he creates a new account, he will be a newbie, he will not get any money off signature campaings, certainly not 2 BTC in 2 months. Not even an Hero Member could do this I think, unless he posted a lot daily. Personally it gets very tiring. I post around 10 posts daily once I get a break from the office and that's about it. But yeah definitely you aren't getting anything unless you are at least Sr Member, ideally Hero.
3572  Economy / Service Discussion / Re: Purse.io HACKED.. I WOULD NOT USE THIS SITE on: October 10, 2015, 11:02:24 PM
My bitcoins were also withdrawn, as was another person on reddit/r/bitcoin.

https://www.reddit.com/r/Bitcoin/comments/3o9ju8/my_purseio_account_was_compromised/
Well this is weird then. I would have called this a classic "my computer got hacked but I blame the service provider" scenario but it's unlikely that you all got compromised at the same time so im calling a security issue on their part. This, or its an inside job and someone inside purse is running with your money.
3573  Economy / Speculation / Re: The Bullish News and Articles Thread on: October 03, 2015, 03:29:29 PM
http://www.theguardian.com/membership/2015/oct/02/live-stream-imogen-heap-releases-tiny-human-using-blockchain-technology

More mainstream artists seem to be getting aware of Bitcoin. Marketing move or not it helps put the keywords "Bitcoin" and "blockchain" out there to massive audiences so it's definitely bullish.
3574  Economy / Services / Re: [OPEN] [HIGHEST PAY] COINUT.COM ★ Signature Campaign ★ Pay per post ★ Weekly ★ on: October 03, 2015, 03:21:05 PM


I did not get paid so far - when do you send payments?

We've not been paid yet - the campaign period only ended yesterday. I'm surprised that the spreadsheet has already been updated (quick work, izanagi!) - I imagine we'll get paid either today or in the next few days.

I saw last couple of couple of weeks members got paid quite fast and now again same issue is it?

I don't know - it seems way too early to be thinking that, the campaign period only ended yesterday.

Yeah the campaign was ended yesterday,i wish today is payment,so payment was made by wangxinxi right? maybe we should waiting for him
The OP says that we may need to wait for up to a week before getting paid.
Are you saying that this week's payment will be late for a week?

It says this in the OP:

 "It will usually be paid within one week after the end day. But there is no exact time."

The term ends today so you can still post, but tomorrow the posts will count for next term. I don't know when they do the counting, the google spreadsheet is not updated, it says I only made 11.
I wonder why it takes an entire week to pay?? all other campaigns i've been at are quicker.
3575  Economy / Speculation / Re: Next target: 260-270 on: October 03, 2015, 03:19:40 PM
I hope to see 450$ by the end of October.

I would be happy to reach that price by year-end Smiley

I would already be satisfied if we reach $300 this year.

I think we may see this during Xmas. There's a lot of movement during the holidays. Of course you could argue that a lot of people will cash out a bit of Bitcoin to buy some Xmas presents and whatnot, but im going to say that it can go both ways, the bull spirit of the Xmas holidays is always there.
3576  Economy / Speculation / Re: Where is the 100k usd btc or the super bitcoin? on: October 03, 2015, 03:17:55 PM
whoever said bitcoin will be worth $100k on one day is nothing more than a dreamer living in a fantasy world. predictions up to $5K are also high, but not that unreasonable. $100k is beyond insane.

Ok so then Wences Casares, Roger Ver, Erik Vorhees,Winklevoss boys, the world economic forum and many others are all dreamers and live in a fantasy world.You know what? I live there too. Grin Wink

This. A lot of people have gone from delusional dreamers to pessimists only because they didn't become millionaires in 2 years. Well guess what, if Bitcoin is a success it will reach those high prices, it just may take more time, but it's unavoidable to see 1 million per coin if we see a decent % of fiat and other assets go into Bitcoin in the future, just do the math.
3577  Economy / Economics / Re: Bitcoin wealth inequality and why it is bad on: October 03, 2015, 03:15:15 PM
I don't get your reasoning behind why it's a bad thing that Bitcoin isn't evenly distributed. What I can tell you is how to make a currency evenly distributed (whatever that means? you give every person a % of Bitcoin? based on what?) is that it requires artificial manipulation and ruins the economy.

Fiat is for sure unevenly distributed but the generation of money is a scam, Bitcoin is also unevenly distributed but the generation of money is legit.
3578  Economy / Economics / Re: Why You Should Never Sell Your Bitcoins Ever on: October 03, 2015, 03:08:53 PM
Well basically there are 2 scenario here. It will goes up to 10000 which is a valid argument that fiat is in deep trouble, no way would I want to sell my coins for some worthless paper. But then again if it only touches 1000 probably there are a lot of sell orders at this point which there is a high chance that the price might retrace immediately and allows you to buy back at cheaper price. There are a lot of factor for consideration before deciding whether to sell or buy, so it might be inly one option or direction.

1000 is indeed a very strong psychological barrier and it will most likely go back a couple hundred before continuing the uprise, but you never know. You may be up for a nightmare next day after selling at 1000 to find out the price has continued rising and you have lost on tons of gains. It's a big gamble.
3579  Economy / Economics / Re: Good read on the future of the dollar on: October 03, 2015, 03:05:59 PM
Many great empires inflated their currency towards the end of their reigns, They all end up crashing and the USD is no different.

Let's hope that's the case because im getting tired of waiting for a crash. As long as people keep accepting USD it seems that the snowball can get getting bigger and bigger indefinitely. I just hope people will jump on Bitcoin by then instead of whatever new coin the goverment comes up with.
3580  Bitcoin / Bitcoin Discussion / Re: # of bitcoin FINITE??? on: October 03, 2015, 03:02:00 PM
This is a pretty old article (September 2014).
Although the number of bitcoins is finite, it doesn't automatically mean that bitcoin's price will shoot up if adoption increases. You could have bitcoins circulating at a faster rate.

wider adoption means more people spending their coins, but also more people holding their coins in the hope the price increases. and by the time wallstreet pops up and start with buying up plenty of coins the price will shoot up like a rocket.

No one from Wall Street will invest heavily in Bitcoin. This is a vain hope. Unless they (miners) raise the limit and do something with the halving, Bitcoin adoption rate is doomed to stagnate. This doesn't necessarily mean that the price will collapse, but it will if just a few of the top Bitcoin holders decide to part with their stash...

And some of them most certainly will (for a multitude of reasons)

Maybe not officially, but you never know what wall street people do with their personal wealth at a personal level... like, someone working in a trust fund firm may not get their firm involved, but they may speculate with Bitcoin themselves and not tell anyone. In fact this is happening right now, bankers and professional traders own Bitcoin, they just don't say it in public.
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