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381  Bitcoin / Bitcoin Discussion / Re: Craig & Satoshi. A sly attempt to get gavin's will done. on: May 02, 2016, 01:18:59 PM
Is it possible that Gavin Andresen has been paid off to confirm a fake story? Or an even crazier idea - what if Gavin and Craig devised this fake stunt story together and Craig volunteered to be the public face of the Satoshi impostor and help Gavin propose new Bitcoin core design decisions? I think there is a whole lot more than meets the eye in this.
382  Bitcoin / Bitcoin Discussion / Re: BREAKING NEWS: SATOSHI FINALLY REVEALED! on: May 02, 2016, 01:02:06 PM
I find it strange that Craig Wright opted to show his proof to ordinary journalists from the BBC, the Economist and GQ. Maybe he wanted to fool them into believing he is the real deal while giving them fake leads. It would have been better if there was a conference of Bitcoin developers where Craig publicly showed that his claims were real and he could successfully sign a message.
383  Bitcoin / Bitcoin Discussion / Re: Mycelium's "crowdsale": basically a donation, not an investment by any means on: May 02, 2016, 12:27:58 PM
I have decided to stay away from this one. I don't like the idea of buying digital tokens for something like their Mycelium wallet which is not even stocks of a real company. And I don't know how they can put a worth of $100 million to $900 million on something that is basically free for everyone to use. What am I missing here? It looks like a get rich quick scheme that can blow up in our faces.
384  Bitcoin / Bitcoin Discussion / Re: GAVIN: "I believe Craig Steven Wright is the person who invented Bitcoin" on: May 02, 2016, 11:50:43 AM
https://twitter.com/petertoddbtc/status/727078284345917441

FYI, @gavinandresen's commit access just got removed - Core team members are concerned that he may have been hacked.

What's going on guys I don't understand this. At first Gavin said he believes Craig is Satoshi now he may have been hacked. Is this another stunt attempt at a fake Satoshi Nakamoto imposter? Everything seems kinda fishy to me. Do you find the news conclusive enough to declare Craig Wright to be the real Satoshi Nakamoto?
385  Bitcoin / Bitcoin Discussion / Re: BREAKING NEWS: SATOSHI FINALLY REVEALED! on: May 02, 2016, 11:34:53 AM
Well Craig said in that BBC interview that other people have helped him with developing the technology so does that mean there was an international team behind Bitcoin and he was probably the main developer or the idea guy so to speak? So I guess the coins are not entirely his to spend as he pleases. But anyways if he is the real Satoshi Nakamoto this is huge!
386  Bitcoin / Bitcoin Discussion / Re: Stolen Bitcoin Advice on: May 02, 2016, 11:24:50 AM
Yeah mate don't assume that your software wallet is more secure than an online wallet just because it's on your machine and you are the only one in charge of its security. It's not an easy task to keep your coins safe on a device that is connected to the Internet. I suggest buying a Ledger Nano hardware wallet as it's around $40 or you could move your funds to a paper wallet if you want the cheapest solution. Just make sure you generate and store your private keys on a secure device not connected to the Internet.
387  Bitcoin / Bitcoin Discussion / Re: BREAKING NEWS: SATOSHI FINALLY REVEALED! on: May 02, 2016, 11:03:59 AM
Damn I am very surprised that he came through with his claims. So after reading the article it seems some people have already verified his identity by Wright signing a message and showing the proof to them in a private session but when will the public like us get to see the real facts? I mean the media can regurgitate the news all day long but I want to see the signed message myself.
388  Economy / Gambling discussion / Re: Premier League Prediction Thread (EPL) on: May 01, 2016, 03:03:22 PM
Damn Leicester City are writing football history in the Premier League. They managed to top the leaderboard even before Christmas and didn't let go of the first place in the late stages of the competition as well. I think there were a lot of doubters in Leicester City winning the title this season but I think now it's clear who will be this year's winners. What an amazing season this has been so far and I have greatly enjoyed watching it  Wink
389  Economy / Gambling discussion / Re: Hearthstone Gamble on: May 01, 2016, 02:50:19 PM
I don't think Blizzard would like to associate their platform with online gambling but I think a 3rd party website could act as a middleman and facilitate playing Hearthstone for money. Actually Hearthstone requires strategic skills and a good knowledge of the cards so I would not compare it to dice whatsoever. Hearthstone is not as complex as chess by any means but it can still be considered a skill game in my opinion.
390  Economy / Economics / Re: USD vs BTC on: May 01, 2016, 02:35:53 PM
I think the answer to that question if Bitcoin is more popular than the dollar is subjective because for some people Bitcoin is a way better alternative than local currency if they are just shopping stuff online while the dollar is more convenient if they do predominantly cash purchases. Bitcoin can substitute successfully debit and credit cards. So I think it depends on the occasion.
391  Economy / Speculation / Re: Halving Bitcoin Reward Unlikely to Cause Price Surge on: May 01, 2016, 02:20:37 PM
The fact that the miners are paid less while you need more is what make them sell their bitcoins at an higher price and thus lead to a price rise.

they don't need more they are currently earning 4 times their consumption, they are safe at the current price even afte the halving

Do you mean the big Chinese farms are making 4 times what they are paying in electric bills? But is this in a year or they can pull such a profit every month? I thought only people doing alt coin mining can earn such profits by targeting pumped coins before the bubble bursts. I wonder if we could achieve similar results if we tried to do a mining operation in Europe for Bitcoin or we will break even at most?
392  Bitcoin / Bitcoin Discussion / Re: Why Bitcoin is the best future currency? on: May 01, 2016, 02:05:37 PM
I believe in the future we will be using only digital means of payment and paper money will be obsolete because paper money has a lot of drawbacks like the possibility to easily forge banknotes and getting robbed in the street etc. which can be avoided by using a secure digital wallet. Bitcoin is the first working digital money system that is secure, fast and has low fees so I think at present Bitcoin is maybe the best digital money solution for us. What will happen in the future and will Bitcoin still be the best technology I don't know.
393  Bitcoin / Bitcoin Discussion / Re: Russian Law Would Send Bitcoin Users to Jail as Cybercriminals on: May 01, 2016, 01:39:38 PM
I think even if YoBit move their servers to another country that still makes their service illegitimate in Russia because within the borders of the country the Russian jurisdiction doesn't permit the operation of any Bitcoin exchange. So unless the local citizens use a VPN service or other methods to circumvent this obstacle their IPs will probably be blocked by the government.
394  Bitcoin / Bitcoin Discussion / Re: Western Union Invests in Digital Currency Group on: May 01, 2016, 08:54:03 AM
Western Union is an outdated system. There is no wonder why they would invest in one of its rival businesses.

"If you can't beat them, join them" Grin

Yeah but Western Union don't have to essentially buy anything because the Blockchain technology is open-source and they can just scoop it up and develop their new infrastructure free of charge. It will be interesting to see how they will incorporate the fiat features into it and how successful it will be compared to Bitcoin.
395  Economy / Securities / Re: Mycelium Crowdsale , Are you investing ? on: May 01, 2016, 08:36:02 AM
I have been using the Mycelium wallet on my Android devices and I find it pretty decent for what it is but I don't think it's worth $100 million or that it will ever reach the $900 million mark which is probably just a random number thrown in their sales pitch. I will not invest in this crowdsale because the terms sound very fishy to me and looks like Mycelium are trying to do a quick cash grab while providing no liability for the investors if this program doesn't pan out.
396  Bitcoin / Bitcoin Discussion / Re: How much interest would you ask? on: May 01, 2016, 08:25:05 AM
-100% because most of those investment website are scam.
The real ones only able to give about 0.5%-5% in a month.

Yup if you see some huge interest rates that is very likely to be a scam. If I were to choose an investment scheme for 1 month I would go for the lowest projected ROI possible that would still be more than a traditional interest rate offered by a bank savings account. I have participated in unrealistic HYIP before and I was burnt every time so don't believe in fake numbers and fake successful stories.
397  Bitcoin / Bitcoin Discussion / Re: This is why you enable 2FA. on: May 01, 2016, 08:17:48 AM
2FA should just be default on any sort of account that is used to access financial assets. It can be a pain in the ass, sure, but I'd much prefer it to be more prevalent.

Yes this should be a common practice to enable 2FA for accounts it's available on as it will be quite the hurdle to overcome for any hacker who is trying to get to your financial data. I am using 2FA also on all of my email accounts as well because this is usually the first point of attack before going for your money.
398  Bitcoin / Bitcoin Discussion / Re: How halving will affect big mining companies? on: May 01, 2016, 08:11:21 AM
I think the cloud mining companies will readjust their price schemes in line with the new Bitcoin price. The private miners will be affected the most when the block reward is cut in half but I don't think anyone is mining Bitcoin at home any more everyone has turned to GPU farms mining alt coins. I don't know what will happen to the big Chinese Bitcoin farms though maybe they will take heavy losses or maybe not.
399  Economy / Gambling / Re: GGFANTASY.COM - bitcoin DAILY FANTASY SPORTS | Free and GPP soccer contests! on: May 01, 2016, 07:57:08 AM
Are your withdrawals manual? I have requested a withdrawal that is above the 25mbtc threshold and I have been waiting for quite some time already. How long do I need to wait?
400  Other / Off-topic / Re: 2016, The Year of Bitcoin? on: April 29, 2016, 08:52:31 AM
I think a more fitting headline would be 2016, the year of the crypto coins because there has been so much new stuff happening so far not just with Bitcoin but with the Blockchain technology as well so we need to give credit where credit is due. But anyways 2016 is the year of the halving which will be the most important event for the whole Bitcoin community.
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