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I've use bitcoin to buy computers, gold, silver, and various collectibles on this forum. It is very useful if you know how to spend it.
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Zepher's escrow signature: -----BEGIN BITCOIN SIGNED MESSAGE----- This is Zepher from Bitcointalk, and I confirm that I will be supplying escrow services for BreathOfZen for the items on sale in this thread. Current date is 02/06/2017 -----BEGIN BITCOIN SIGNATURE----- Version: Bitcoin-qt (1.0) Address: 1ZephertJThxkHih7XcaUHBkMSnvkTt5u HJQ3EMqySa+n64WafXLEKAyNTdSs30bkE6ikIX2JMH9dNyVsyPHUOu8WFXuwrntDBvRgxvTa10YRwiYeY6ca+ng= -----END BITCOIN SIGNATURE-----  |
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Hello all, I am selling a collection of Japanese samurai gold coins that are called "Nibu-Kin" and look as below. Price is .063 BTC inside of the United States, and .073 BTC internationally. Price is in BTC but LTC and ETH are both accepted at current exchange rates as well. Each coin is carefully packaged and in good shape. Shipping and escrow are both included in the price as complimentary services. Escrow to be provided by Zepher. Please either post or message me if interested.  About The Coin: This is a Japanese 2 Bu gold coin, minted between 1867 and 1868. It was minted in the first years of the Meiji restoration. Due to its extremely high value it was primarily used by the samurai, who were the upper class of Japanese society. It is estimated that one of these coins could buy all the rice that one person needed for six months. The restoration was a turbulent period when the Emperor began to push the country into a modern way of life. As the samurai watched their world change from one of swords and kimonos to one of firearms and suits, they held on tightly to these coins. They were a savings for the future and a remembrance of their samurai past. Composition: 23% gold, 77% silver, weighs 3 grams. Below is an example of a common way of hiding these coins - in the scabbard of a katana.  (courtesy of Wikipedia) Why I Collect Old Coins: Like many of you I work in the IT industry. In my daily life I am always focused on tomorrow - the next technology, the next deadline, etc. In this life it is easy to forget one's connection with the past. By collecting antique coins I am able to hold on to something that has an intimate link with that past. I think about all the people who owned a coin. What were their lives like while they owned it? What did they buy with it? When they saved it what did they save it for? What was happening in their lives while this coin sat in their pocket or purse? Every coin is steeped in our collective history. By connecting with that history I find that my life is touched with a deeper sense of meaning that puts the urgency of IT life into a more tranquil perspective. Collecting antique coins has been a wonderful experience for me and I hope it will be for you as well. I hope you enjoyed learning more about the Nibu-Kin coin, and please message me if you are interested! BreathOfZen |
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Soonish, because everyone involved knows that real life people need this problem to be solved if they are actually going to use it. Otherwise the Bitcoin insider crowd is going to look pretty petty and unhelpful, that's for sure.
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Media attention is only a good thing. Bitcoin needs to become mainstream to be successful and this is the route to that.
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How would UASF or a hard fork affect normal merchants who don't know all the technical details but just want to keep accepting bitcoin as payment?
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Hello all,
I was looking to resume sales of various collectibles, but am very uncomfortable with relying on Bitcoin for transactions due to the lag and cost involved. Are people on these boards interested in using either Litecoin or Etherium to buy things as well?
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He paid about $2 to move $10 in a transaction. As long as that fee is considered too low for practical usage then Bitcoin can be considered completely unusable for everyday life. I want to resume doing actual real world commerce in Bitcoin but if the only practical transactions are in the thousands of dollars then it is completely impossible.
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The first step to freeing Bitcoin from scammers is to get rid of your paid sig. How much is your dignity worth?
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"Shoot for the moon and if you miss you will still be among the stars." - Les Brown
On the contrary, you will either be eternally isolated in the cold vacuum of space far far away from any star, or you will fall back towards the earth and burn up in the atmosphere in an uncontrolled descent. It's not great. |
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Indeed. To hell with rationality, covering costs, and business sense, this is Bitcoin!
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Everyone knows that price matters, the only people trying to fight it are those who are trying to avoid admitting that Bitcoin is in an extreme crisis right now that calls for mindful actions.
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The fundamental problem is that in concrete terms a Bitcoin is not currently useful in any real sense.
I think you need to look at this more there is so many advantages of Bitcoin it has been said over and over again. Let me give you an example of two of the most important things. Speed of transfers and cost of transfers. Before Gold was a currency, it had to be useful for making jewelry. Bitcoin has many advantages as a currency, but in order to actually BE one, it first has to have a usefulness to give people faith in it. Storing your data forever into the blockchain IS that that usefulness. Without it, Bitcoin is just a falling dagger of exploded hype. |
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At 220 and going down, we are at a point where if nothing changes we can expect nothing more then for the price, and the project, to decay into ridicule. The fundamental problem is that in concrete terms a Bitcoin is not currently useful in any real sense. This doesn't need to be the case however, as we have proven at Bit-Comm that through spending Bitcoins we can store data into the blockchain, which is a permanent storage medium. In a word, we can save Bitcoin by promoting it as having the amazing ability of allowing you to spend it to store your data forever online.
Are you up for saving Bitcoin by making it useful?
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The single largest issue facing Bitcoin is it's constant inflation
The inflation built into Bitcoin is known and will decrease gradually. This to my mind is an advantage. Businesses hate uncertainty. The price of Gold in btc has doubled in the last six months. That is more then a little inflation. Inflation defined as increase in money supply. Money supply change isn't inflation. Inflation is the change in prices for good over time, and over the last year Bitcoin has had a whole lot of that. |
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The single largest issue facing Bitcoin is it's constant inflation
The inflation built into Bitcoin is known and will decrease gradually. This to my mind is an advantage. Businesses hate uncertainty. The price of Gold in btc has doubled in the last six months. That is more then a little inflation. |
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The truth however is that Bitcoin has one giant Use Value lurking in the background, but one that the developers don't like - One can use Bitcoin to inject information into the blockchain, and that information will last for all of time (or at least so long as the blockchain exists). In a word, it would mean you can use Bitcoin to save your files to the blockchain, in an uncensorable and inerasable form.
Blockchain as file storage - it will cause Bitcoin to go back up in value, and it will give us a solid reason to give for why Bitcoin has value in the first place.
Is it time?
Wouldn't this cause the problem of bloat in the blockchain? As it already is, takes forever to download the entire 6 years worth of blockchain. Success and growing adoption are the single largest factors that cause the "bloat" of the blockchain. How long will it take you to download the blockchain if Bitcoin actually catches on and 1% of online sales are made through it? |
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So long as one can look at the inputs and outputs of every single transaction going back to the very first transaction, which one can currenly do in Bitcoin, then the data will be available. All that would be available are message digests. That's what you're not understanding. I am very much doubting your claim to the implementation of transaction destruction, as that is not how Bitcoin currently works, is mentioned by no one other then yourself, and it would make a mockery of the Proof of Work model. |
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So long as one can look at the inputs and outputs of every single transaction going back to the very first transaction, which one can currenly do in Bitcoin, then the data will be available. |
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