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People should realized that bitcoin belongs to the ones that own it and not to some core developers . We, who own bitcoin should be able to decide its fate.
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I really like the idea of this app and I like the design of it. I wish you good luck with the campaign and I hope that you meet your goal.
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A new debate should've happened while the Greek economic problem lasts in order to determinate if bitcoin would be an option for the Greek government. |
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Exchanges (including all major bitcoin finance industry) + miners. As long as they don't mess with the core principles, when they come to an agreement everyone will follow.
This is a bad option IMO, Exchanges and miners will adjust bitcoin in that way that it will only benefit them. Only the bitcoin owners should benefit from bitcoin. |
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Haters gonna hate. I wonder if there were similar accusations against Xerox Parc? So there is a workshop. I don't see that as a bad thing. God forbid anyone should talk face-to-face  The only issue I have with it is there are only two. How about a couple in Europe and South America? They should have made on in San Fransisco and one in Amsterdam since these cities are the more bitcoin advanced ones in North American and Europe. Montreal and Honk Kong seem like a weird option to host a bitcoin work shop. |
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The miner's goal is to mine bitcoin and sell it for profit. So I agree, they only are there to make profits and messing with the bitcoin protocol would mean 0 profit for them. So I don't think that miners will mess with the bitcoin network at all actually they would be the one that would benefit if everything went smooth for bitcoin.
Agreed, but I don't think many are looking 10-20 years down the line. They're burning money and hardware now. If there's a move that secures bigger profit now at the expense of future strife then their bottom line is going to be drawn to that. Most mining operations will focus temporarily profit, so they will focus to make as much and as fast profit while they can. In 10 to 20 years the mining difficulty will be high and probably most mining operations will just shut down and the biggest and most advances mining operations will take their place. |
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I would suggest you take the legal path and apply for an online gambling license. If you are dealing with a high volume you will attract attention from SEC and the IRS and they will probably find you and jail you for the operation of an illegal gambling platform.
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Yes you can take legal action against ponzi operators as long as you know who exactly operated it. You will also need accurate evidence that the person operate the ponzi scheme, before taking any legal action.
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If I mine bitcoin in India and later sell it for usd to a buyer located somewhere out of india,how will I have to disclose it in my tax documents?
Depends on how much $ worth of bitcoin you mine. If it is low for your countries status then you might not declare it in your tax documents. Maybe ask the Indian IRS for an accurate answer ? |
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As far as I know bitcoin is prohibited in Iceland. But if you need an accurate and detailed information about the legality status of bitcoin in Iceland, I would suggest you visit the Icelandic embassy of your country or just call them and kindly ask them if you can use bitcoin in Iceland.
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The ones who own bitcoin should decide its fate. Developers obviously can't be trusted since most of them can be bought out with a check.
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Not really. Quite a few of the biggies who've been interviewed have stated they're purely in it for the dollars. They'll go with what'll load them up in the short term. Long term whatever they choose might be fatal.
The miner's goal is to mine bitcoin and sell it for profit. So I agree, they only are there to make profits and messing with the bitcoin protocol would mean 0 profit for them. So I don't think that miners will mess with the bitcoin network at all actually they would be the one that would benefit if everything went smooth for bitcoin. |
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There has to be some sort of hidden agenda for this... ? Why act as a intermidiatary for charities or is this just a opportunity for a test run, to see if it can be implemented for everything else... or just a publicity stunt to say... "We were first" ..... Time will tell, if their actions is purely motivated by greed or by social wellfare. Let's give them the benefit of the doubt for now. I am glad a multi national like that is interrested in Bitcoin, so let's celebrate that... they could have gone with another Alt coin, and they did not.. that is a huge plus in my books. A few months back i remember reading an article about how much banks/credit issuers make from charities. It was a quite shocking amount of money that should have gone to help people. Perhaps they are concerned about BTC donations eating into these profits? Here is something about it: http://www.moneytalksnews.com/donating-charity-donating-bank/Even if the charities use bitcoin as payment method, they will have to convert that bitcoin into fiat. And the banks will take a cut of that conversation. Charity needs to operate solely on bitcoin like paying staff in bitcoin, buying supplies with bitcoin, distributing financial help into bitcoin in order to operate without those high bank fees. |
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Great move, through action like this bitcoin will get into the masses. We need good marketing like OP suggested. If you have the funds you should build your own non profit so you know where the money actually goes to.
I will call the Cyber-Donate I will file my NPO paperwork with my attorney this week! Keep the GREAT feedback coming! ( dont forget to post your BTC address for that occasional generous donation  Great to hear that, keep up updated on your process. Maybe build a website so people can follow all the recent news of your non profit. |
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What do you think, now that everyone thinks / knows the NSA can see who has significant amount of Bitcoins and so forth...
And with cash receipts you can send them to your parents trust lawyer and they match the amount ( for all those being spoon fed )
You can easily mix and re-mix bitcoins in that way that the NSA can't clearly identify a bitcoin holder. In some circumstances bitcoin can be more anonymous than cash, but cash will always be the most anonymous way to pay. |
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Dream of $10.000 worth bitcoin is alive and kicking in our community, do you honestly think 1 BTC will reach that much?
Not if the community stays the same size. It's overhyped by the people who are plugged into it. The rest of the world doesn't give a shit. It's similar to the internet, almost none cared about it back then only the nerds were browsing the web. Now the internet is mainstream and is being used by kids up to elderly people every day. The same will happen to Bitcoin it's only a matter of time until it happens. |
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i doubt the government is spending the money and resources just to spy on regular people and watching what they do with bitcoin.
Why not? It's pretty interesting and easy for them. I mean they don't have it that easy with fiat. They can't follow it around so easy but they can follow bitcoins. An i think they know bitcoins potential. They would be stupid not to take care. In fact i know they are not stupid since, i believe gavin did that, some years ago he held a meeting with the CIA that wanted to get informed about that new currency. Surely they will track. And you say they don't care about the normal user. Why not? It is so easy and so few data... and if it is easy then they will observe it. Just in case. If they will use that data to blame you against IRS, that is doubtable. Most of these agencies work isn't to spy ordinary citizens, they try to spy other agencies and governments so the USA can have the upper hand. |
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We ve all seen recent BTC and alts dumps caused by global instability, Chinese exchanges crash, oil price drop, BTC vs BTC XT issue, etc.
The question is, how do you manage your portfolio during these stormy periods? Do you differentiate between BTC and alts, if yes, what is your favorite ratio? Do you buy when there s blood in the water? Do you plan to switch to something else? How do you make these kind of decision? What do you base them on?
Thx
CI
I just hold my bitcoin and don't panic dump it. Bitcoin has a pretty stable base at $200 so I don't think that in the future it will drop any further. I mostly ignore these mini-crashes of exchanges etc and focus on holding like all bit coiner should. |
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Gyft was menat to be for bitcoin, but as all professional companies they realized that bitcoin still has too little traction and decided to accept other methods like CC and Google wallet, once the masses adopt bitcoin the Gyft user will start again to use bitcoin as preferable payment method.
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