It was clear riiising was fallling and that eventually riiising would change his discourse to fallling's.
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the 600-700+ shitcoins will pump ,dump die ,rinse and repeat .......
Perfect scenario to generate profit. for the handful of creators ,yes ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) theyre making money from thin air for everyone who "invests" in the pump but misses the dump doesnt get any profits ,they incur losses or theyre left with a pile of coins that have no value ........ its probably the same bunch of scammers making ,pumping and dumping most of the alt coins You have to buy when the coin is literally dead. Then hope it ever gets pumped again, and you dont know if you will be able to sell all that you buy. It's a gamble.
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Spain is too big to get kicked from the Euro... Greece maybe, Spain impossible. Whats sure is Greece will never come back to 2004 years and Spain will never come back to 2006 years. The future is poor.
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- Greece won't exit the euro
Dont be so sure about this. There are big % of Greece abandoning (or getting kicked) from the Euro.
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If I had a solid stack of Bitcoins (100+) I would use it daily for everyday purposes, but when I think about spending Bitcoin for some irrelevant daily good, i feel like im using gold to pay for groceries.
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I wonder if Satoshi's family even know that Satoshi is Satoshi the Bitcoin creator. Probably no one knows IRL.
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Bitcoin needs 10+ years. The mining reward is just too high anytime before that for the price to hold any new highs.
I totally disagree, the reward isn't that high when you think of how many people are sharing it. Everyone who is predicting that bitcoin need 10+ years doesnt know what theyre saying. I think in 2 years people will start catching up, but it will take at least 10 years for BTC to surpass all other electronic payment methods and have a super high solid price.
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The only way to know if you are buying from soneone legitimate is... well there's no damn way, unless you require that both of you show your ID's which suck.
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About the anonimity thing it depends how you get your intial bitcoins before you exchange for LTC for example. Lets say you buy the bitcoins you use to exchange for LTC in a centralized exchange that requirese sensitive data such as real name + phone + ID scan. Then you are not anonymous more.
But, if you get these bitcoins through Localbitcoins with a local seller IRL, or do a freelance job that don't require personal details for the customer, or get then through a sig campaing or whatever, then these bitcoins have been given to you without you needing to give any personal details. Considering the address to get paid that you give is brand new and not attached to your personal data... you are free to exchange them for any coins you want because exchanges dont require personal info to deposit and withdraw any cryptocurrencies. The only problem is involving fiat into the whole thing.
Hope this makes sense??
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how can you guys expect a $20000 investment to me worth a million in a matter of 5 years?
dreamers dream big.. in total denial of how the world works.
Right, totally unpossible to go 50x in 5 years.... Dude, we went up more than that in 1 year ! yes but that happened in the growth and recognition stage. before it was even useful for anything. 10k for a pizza. we are way past that now. growth will be gradual not exponential. Do the math... https://www.youtube.com/watch?v=Lge4A1o1ixothis guy breaks it nicely. Just look at the marketcaps of other decentralizing apps and compare it with bitcoin and what bitcoin aims (to become the 1st payment system electronically).
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Fuck sakes, if Satoshi was so smart why the hell didn't he add 20 MB by default? he would have saved us from this mess. Geeeeez.
Satoshi had no limit on block sizes at all. From block 1 it was legal to have a 2MB, 20MB, even 33MB block. There was a 33.5MB limit on message length and since blocks are transmitted as a single message it would have limited blocks to only 33.5MB but even this wasn't a hard limit as new message type could have been added which transmitted blocks in other ways (i.e. header & txn hashes vs full transactions). The 1MB "limit" was added as a temporary anti-spam measure 18 months later. There was no voting, no significant discussion, and the commit wasn't made by Satoshi. It actually was combined with a bunch of other unrelated changes and not even well documented at the time. There is nothing which indicates this was a core design decision that Bitcoin would perpetually be limited to 1MB. Isn't it time for satoshi to come back and bring some consensus? I would like to hear his views on the current state of things. Maybe if he says "guys its time to fork 20" there will be a consensus and people will be reasonable.
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i think the only thing that can bring legitimate net neutrality is something like Maidsafe + meshnet (no ISP needed)
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The goverment changes their definition of terrorism every day according to their interests. Nothing new to see here.
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What makes you think this? My feeling is that newcomers won't care or understand what the block limit is at. I'd think they just want something that works and, consequently, the only way bitcoin can work for a large number of newcomers is if the block limit is increased.
What do you mean by 'works'? something they'll never use, especially not in africa. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) There are millions of old phones in africa. Software for these phones and infrastructures is being worked on so they can access btc too. The idea is to go worldwide, anything else is failure.
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Out of interest, how do you get fiat into a p2p exchange?
As far as I know, there isnt a single p2p exchange fully operative yet.
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OP there has to be use of bitcoin for it to be a success. What would happen if everyone holds? transaction volume goes to shit which gives btc bad headlines.
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Andreas said this a million times: It will keep happening. If you dont have the coins in your wallets they arent your keys anymore. If you want to risk it wait for Gemini, they seem the only serious centralized exchange in the making.
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Based on my observations on the forum, a few that have a better than average chance.. 1. Gavin 2. theymos 3. sirius
Knowing: Having seem him in real life. I dont think none of them have seem then at all.
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There are conspiracy theories for everyone. Why not believe the NSA is behind Bitcoin? Satoshi is Jacob Rothschild? we have theories for everyone.
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Yeah I saw this documentary last night. Totally scary and eerie the vibe i got from that building, that noise is really mesmerizing.
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