Paypal for all the bad talk here has done a huge amount to boost internet sales.  Before Paypal, do you remember what it was like?  If I wanted to buy a book from a small bookstore online, how could I know it wasn't a scam?  If I wanted to buy something from an online auction, how could I know they seller wouldn't rip me off after I sent my money.  Paypal is a main reason why there is internet commerce today.

Yes, there fees are so high and it sucks for sellers.  But without it, the buyers wouldn't be buying. 

And this is the problem with bitcoin.  When I send crypto across the net to somebody, I am always nervous.  It is pseudo anonymous, there is no way for me to get my money back, and if they run, I am completely screwed.  From a buyers perspective, it is so much riskier using bitcoin.   Scammers and cons love to be paid in bitcoin.  Real businesses hate using Paypal, but know it draws business. 

It was a good podcast.  I bought in to XMR and then sold on a bubble.  Not just XMR but all the latest gen of anon coins felt like a pump.  I think there is a need for the service, but not with this batch.

I think all the anon coins are scams.

Just the latest round after the country coins.

Basically NEM then as you just described it. 

Forbes is always so pro bitcoin.  I think the editors own a lot. 

But for every editor of every newspaper that invests and then publishes, bitcoin will grow.

+1 Newbies shouldn't be day trading.  If you are buying for the long term, it doesn't matter if it takes a week to get your bitcoin. 

bitcoin is slowly becoming more and more centralized with miners

with services and users it is diversifying

I think it would be a great experiment if a currency was backed by bitcoin.

Brazil gets to the end and loses.  riots break out.

If you are a meat eater, you should kill the animal yourself and get the blood on your own hands.  If you don't, you are weak. 

vegetarianism is more humane and the future of evolution. 

first humans treated humans as property.

now all humans are equal

animals are property

someday animals will be equal

he is running from the law and running from fame

6 days till alpha!! 

We have to take that 25% number with a bit of skepticism.  There was no audit, and it is suspiciously high.  This points to sock puppets of BCnext, knowing that the money would revert back to "development".  

Also, some did come back, I think it was TaiZen who invested and then lost his password (Its hard to remember for sure).  I am sure he tried like crazy to get back in, but with those pass phrases, it was very tricky and a new type of login.  

I know every investment I make gets marked and I check on it regularly.  I am sure not all people are as strict as me, but some have to be even more stricter.  It seems pretty strange and sketchy that 25% didn't come back.  


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That said, I am all for just burning the unclaimed stakes.  I mean really, they don't belong to the devs, and they don't belong to the NEMsters, they belong to the people that paid for them.  To me, the fair thing to do is promise to give the NEMsters their 1 mill, and give the DEVs their stated share and anybody that doesn't claim has their NEM destroyed. 

when girls really start using it, then we know that bitcoin is real.  girls are very safe and cautious with money. 

to make bitcoin popular with girls, it will have to be a lot easier to use, and maybe get a pink wallet.

This is soooo true.  It is exciting from an investment perspective because we know if it gets big it has room to grow 100 times or even 1000 times bigger.  That being said, it is also so comparatively small, that another tech could displace it. 

All first generation tech gives way to 2nd generation.  Bitcoin is really awesome, but is not without its issues.  These issues can be addressed for a next generation coins.

That is probably pretty close to what happened.  Those FBI agents don't get a fee, they will get paid the same amount whether it sells high or low.  Like many government employees (actually like most people), they just want to do the least amount of work possible. 

I can easily see that some bitcoin companies will want to pick up a lot if they can get them for below market.  Coinbase being one.  They are constantly needing a bigger cold wallet.  It would be good for them to have some padding. 

One thing is for sure.  Whoever buys these aren't going to be buying hotel rooms and cable TV with their bitcoins. 

I wish my bank would give me a 2 million dollar credit line.  I would bid, win, default on the loan, and run away until statue of limitations expired. Hahahaha

I think that in a year from now people will be like, "Dark what???"

But that Litecoin, NEM, and NXT will all be in the top 10.  Just in what order isn't exactly clear.  There are way too many factors. 

PoS right now is an experiment that is growing and growing and growing.  It very well could pop because of a flaw or something we don't know about.  It is very possible.

On the other hand.  It could keep on going.  Did you know a guy at NXT is running a testnet on a distributed exchange?  You can trade BTC for LTC directly via the NXT asset exchange (not ever having to touch NXT except to pay the very small fee).  And since the exchange is distributed, there is no one central party to run away with your money and GOX you.  When and if it comes out, I will do all my trades there.  He is also saying he will cut the fees in half or more that regular exchanges charge.  Try to do that with BTC or LTC. 

NXT in a few months has already done what took Mastercoin (working with bitcoin) over a year to do and NXT's version is waaaaaay better, faster, and easier to use.  Months or years ahead of Mastercoin. 

I think that kind of innovation is hard to just forget about.  If NXT didn't have such an awful back story, it would already be much bigger than it is.  But at some point people are going to say, "yeah...... how it started sucked, but it is way more safer than Crypsy, and cheaper too. No more tickets and no more lost funds."

And that is just one of many functions that are planned. 

There are a lot more people complaining that doing. 

I am guessing some people just bought a miner and expect it to make them rich.   They are expecting the rest of the world to do what they want because they invested a few thousand dollars.