Again thats the problem. Most people just hold, in hopes of making more cash. Why would you pay with Bitcoin if you barely have 1 BTC in the first place? If your were getting paid with BTC instead of fiat for your job, then that's something, because BTC wouldn't be such a rare thing to own. But while BTC is mostly achiveable by exchanging it for FIAT first, people don't see the point. It's like paying with a piece of gold instead of paying with something as mundane as FIAT.
But it is a visious cycle. If people don't intend to spend bitcoin, noone will offer it as payment solution. Now if noone offers it as payment solution, it will not grow. It is a chicken-egg problem and I think the community is doing just fine with spending their bitcoin! Exactly, it's the snake that eats it's tail tale. We need to solve this, somehow, break free from this loop. But truth the told, who can afford paying with Bitcoin besides early adopters or already rich FIAT guys? Other than that and you are taking unnecessary risks that can have a serious impact in your life, wheres filthy rich guys can't afford paying with anything they want.
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I wanted to be rich, own a yatch, tan, relax. Unfortunately, this is only for the lucky, and I am not lucky. Im trying to get lucky with Bitcoin, but I already missed the boat. Unless it goes to like what, 50K a coin? im never going be able to own a yatch and maintain it. I would live there fulltime to, to avoid other costs. I and I wouldn't need to car with a Yatch, but ideally I wanted a Ferrari too.
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I'll believe that EVERYTHING can be hacked once someone cracks the blockchain and starts spending infinite Bitcoins and wild shit like that.
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I would love to visit Egypt and all the pyramid zones, but im scared due too many constant conflicts. It sucks that some beautiful places are unnaccesible unless you are nuts to go there. Poverty ruins everything.
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I called this ages ago: Long ass period of tranquility or relative tranquility until a big player like ebay announces something positive about BTC. Then we shall see apes going shit.
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Look here's the problem im comfronting when I talk about Bitcoin to people:
1) They do not want to spend FIAT on it to access it. The see this as a waste of time, and they actually lose money due fee's. 2) They don't understand how something has volatile can be used as a currency. 3) People tend to hold BTC and use it as a store of value like Gold. They feel paying with BTC is as dumb as paying with a piece of Gold because anything you can buy with BTC, is available easier with cash/transaction. 4) They feel they are just serving the lucky early adopters while they get shit nothing. 5) The ATM machines are shit as demonstrated by the Tested video
How does that get solved so we can reach mass adoption? Unless legitimate jobs where you get paid good amounts of BTC arise, I dont see any other way to get legit amounts of BTC beyond risking FIAT into it in the first place. But of course, im not sure if people is going to want risking getting paid in BTC.
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Anyone call tell me why would you use IX above XMR or DRK realistically speaking?
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Tell me what I have missed and why should have cared to get some of the free coins? I Must confess i was too lazy to look into this in further detail. I have become bored of altcoins to the point i dont pay any attention to the alt coin forum. I can miss the 1% chance of missing something legit tho.
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What are the pros and cons of this coin when confronted with DRK and XMR? still not sure about buying some.
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Worldwide accepted if the merchant accepts it, instant transaction (who cares if it takes some time to get confirmed), and you don't get rapped by fees.
The problem is owning BTC. For most people, the 99%, it's a risk to buy BTC (and buying is the only way to get it these days, because few legitimate jobs pay you in BTC) so it remains a rare thing to own to date.
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Again thats the problem. Most people just hold, in hopes of making more cash. Why would you pay with Bitcoin if you barely have 1 BTC in the first place? If your were getting paid with BTC instead of fiat for your job, then that's something, because BTC wouldn't be such a rare thing to own. But while BTC is mostly achiveable by exchanging it for FIAT first, people don't see the point. It's like paying with a piece of gold instead of paying with something as mundane as FIAT.
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Yeah but thats the thing, for it to be a community someone has to risk and start getting involved, without that nothing exists. But at this point, im scared to check any new wallets because let's be honest, most people just want to scam other people to get BTC, and god know what shit they can put into a wallet these days. So if you dont get in early to risk getting into a legitimate good coin that explodes and missing an early investors spot, but if you do get in early, you risk getting scammed and robbed.
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Does anyone know how to use i2p and is active on there? are there are any forums similar to this with interesting info? Since Monero is in touch with i2p network there should be someone that knows how to do it keeping track of anything interesting said there just in case.
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What is the difference from this to past similar models like country coins with big giveaways that have all been failures? what stops people from massive dumping them? and how many coins can you get as of now? if I can get some BTC peanuts im interested.
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Well this was another waste of a thread..
Except for educational purposes. Had I not seen it, I never would have focussed in on the fact that "buy the fud, sell the acclaim" works like a durned dream. It's the prefect thread, if only potentially, for a creative response. Yup. It's good to keep all these old threads about wrong predictions and all these threads about how Bitcoin would never be 10$ during our lifetimes to keep things in perspective and not repeat past mistakes.
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Reading the article seems that investing in 2014 is the easiest thing of the world but for a newbie like me isn't, I don't even know where to start.
Well if you build up your member status, you can join a signature campaign and get paid for posting on here. I've joined one where I get paid 0.0007 for every post! My goal is to post 10 times each day so that i'll have made 0.21 btc in just one month. Much better than my last campaign on 0.06 for at least 50 posts. Is it even confirmed that your signature campaing pays? As far as I know there was a debate going on about how people were untrustful of that site because it was brand new and whatnot.
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How in hell are they going to effectively ban Bitcoin? Of course they could stop any banks from letting you cash out BTC money but if we got a massive amount of shops all over the world accepting BTC payments, how could the gov know that you bought the package with BTC? unless they open ever single package to check the bills? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif)
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Here is the latest bitcoin adjusted transaction quantity graph with log scale and 7-day moving average. Note the transaction quantity in the month of August is now above May levels. The Bitstamp bitcoin price in May peaked at $683. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FvvwNxr5.png&t=663&c=u8wbro-xPVlqGg) We really seem to be on an upswing what adoption is concerned. I think over the summer a lot of people got to know Bitcoin or talked about it with friends. Now that the summer is nearing its end, and people will soon get back from their holidays, the demand may increase again. Legit. Over the summer is the only chance most people get to stop their wageslave lifestyles and actually have some extra time to "check stuff out" with a peace of mind. Some may be finding out about BTC and researching on it. As for 9/11, there are good arguments to support the official version and there are good arguments to suport the unofficial version (inside job). I remain undecided.
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I would love to contribute but my wallet is so little for me to afford lossing a single coin as of right now.
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