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What you need to know is that for the fork to happen (2 actual chains) you need to reach maximun consensus, which means that that point, the other chain is automatically rendered valueless. Your coins will be availible automatically in the other chain so no worries. Also its not going to happen anyway.
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Honestly when we get to 10.000 USD per coin im going to celebrate it buying 10.000 pizzas or something like that. It would surely get on the tabloids again. As a pizza addict myself I can't wait for the price to go up so I don't feel like im wasting my Bitcoin by spending it in stuff like that. Right now it would feel like im buying pizza with 1 ton of gold.
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they pay well not the question the thing i dont like is youtube ads they anoying me i wanna see something and i dont need those ads for sure as a publisher i would be thankfull to get some real user wathing my ad but when i become on the other hand i got pissed.
I make a lot more from adsense ads on my websites than I do with the ads that play before my youtube videos. Then again I get a lot for daily unique visitors on my websites than I do with my videos. But I keep the ads on my youtube because sometimes a decent amount will be earned, I guess it depends on what the ad is, they all pay differently. How many websites do you have and what are the niches? how many visitors you get and what are the origin of those visitors? (adsense pays a lot more from english speaking countries than they do from other countries) I have tried in the past ranking blogs and so on but it was just impossible, there are way too many websites out there. How did you manage to rank it and get steady visits monthly? Youtube is the same. My videos get pushed back and abandoned, its very difficult to get people to subscribe. |
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Greetings, I was very excited to learn about the Bitcoin currency several months ago, and I am very pleased to see it growing. I am part of an organization called the Zeitgeist Movement, who advocates a resource based economy. We are interested in seeing a radical redesign of society and an associated shift in values. We understand that the major cause of human suffering today is the current monetary system and the warped values and corrupt behavior inherent in its implementation. We know that we can provide food, water, shelter and a highly technological life style to every one on the planet if we chose to do so. What generally prevents us from doing so is the idea of money, which paralyzes us as a society, in terms of technological advancement, quality of education and healthcare, and a sick culture that encourages us to be competitive and cruel to our fellow human beings. Knowing and understanding the underlying mechanics of a monetary system is fundamental to not being abused by it. Currently, the vast majority of people are unaware of the destructive and unfair nature of our current fractional reserve banking system, and that makes them vulnerable to all the abuses we see today. Poverty, war, crime and hunger are the result of inequitable economic practices, and will not significantly change until we end or significantly alter our subservience to this and associated institutions. I believe Bitcoin would make for an ideal transition currency until a full RBE can be implemented. An RBE is basically the realization that there are no arbitrary restrictions on reality. Being bound to the imaginary rules of a monetary game, we limit how much we can accomplish and provide for each other. If we declared all of the earth's resources as common heritage for all the world's people, and used the methods of science to construct and provide all of life's necessities for all people, then there would be considerable reduction in hunger, crime, war and poverty, not to mention unnecessary suffering due to lack of access of medical care or inadequate educational opportunities. If people were given all that were necessary to survive, they could devote themselves to the benefit of all man kind. These would be the values of a resource based economy, not the competitive and acquisitive value based behavior we see today. I encourage you to learn more about these ideas if they interest you. I hope to support the bitcoin system as long as I am able, and I hope to see it become a dominant and thriving ecosystem in the months and years to come. Thank you for your time and attention. An economy based on resources creates unity among the people. Its resources are treated as a common heritage of the people, there is no boundaries on who should be the ones to utilize or consume them. I think the resource economy idea is a great one, but let's not be naive, it would require a much different society, what we have right now is simply not good enough. If you put people inside such a society, it would be a catastrophe next day. Unfortunately, we still need a money based system, we'll see in the future. And right now, the best money on the planet is Bitcoin. |
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As far as I know, apparently you need to know what the price of Bitcoin was on every single trade you ever did... I think this is simply insane. Who knows what the hell one did during Mt Gox, Mintpal etc? all those exchanges are dead, so unless you didn't write down every single trade you lost this information. What to do then?
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Mobile networks were down if you read the OP, now what could solve this could be funded suisses bitcoin notes, I have read that these have been used previously but without the ability to check even the public key it seems very difficult to make transactions or change. The only thing I see is emergency windup radios, there is a group out of Finland dealing bitcoin over radio and the second is solar and hand crank mobile chargers and doing offline transactions between mobile phones which are charged via non grid methods. A meshnet could also possibly work if it somehow was able to connect far enough to have someone who also was able to connect to the internet and broadcast the transaction. Bitcoin notes thing seem cool. Just have a public master key in QR format so you can give it to people and this key will generate a new different key each time someone pays you (so you don't have to carry around 1 note per different address). Even tho I don't understand how the actual transaction would be done.. it's of tricky. You can't confirm anything without electricity. About meshnet etc.. what if everything (every electronic device) was damaged? |
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But, i think it's impossible to sell 100,000BTC at once because few reason :
Ofcourse is possible. You make an OTC trade or you make an auction as FBI did. No big buyer will go and spend few millions on a exchange and move price up by doing it, they are nto stupid, they will try to get their bitcoins as cheap as possible. Same will do big sellers. Well if I was the FBI and wanted to catch people trying to do money laundering throught Bitcoin I would act as a FBI dude that want to buy your 100.000 BTC and once your details are delivered then it's game over. I don't understand why you think you can simply launder money throught BTC like it's nothing. If you want to sleep at night then pay your taxes guys, there's no other way around it, like it or not. |
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Nothing bad can happen if you keep your stack online. Would you keep your stack of gold in the middle of the street inside a box? No, evne if its inside a box, it's "out there". So what you do is, you take with you what you will use (online wallet) and keep the rest inside a box and inside your home (offline wallet).
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How can Gemini avoid the manipulation of the price? How can any exchange do this anyway?
I was referring more to the manipulation by the exchanges themselves rather than the maniacs who use them. It's unproven in most cases but I'm sure it's been par for the course for a long time. However what many Bitcoin traders regard as legit tactics is actually against the law in no shortage of jurisdictions for conventional markets. This is true. If you are using Gemini, sure all the regulations and probably the paperwork you need to present in orde to use it sucks compared to the less regulated exchanges, bu at the same time you get a relief in knowing that the Winklevoss just aren't some random people fucking around, they are serious with their service so there will be no "ups got hacked" moment or shady stuff like that. |
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It's way too revolutionary and disruptive, too soon. Sooner or later, the deserved recognize in the historic contribution to mankind that happened in 2009 with Bitcoin, will be rewarded, but not now. Now is the time to treat this stuff as something shady and dangerous, like the internet in the early days.
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This is straight nonsense.
Question: Has people been able to live on Bitcoin for years now? Yes, example: Andreas Antonopolous. So if you ask him if Bitcoin is or isn't currency, he will laugh. And more and more people will be able to live on Bitcoin, so it's pretty obvious it is currency. And it is not only currency, it can be gold, an asset, whatever you want. You can use it in many ways.
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So is anyone willing to send nodes into space? i think this is the next step in decentralization, it just sounds so good. The only problem would be to keep them updated indeed, so someone should be working on this. Just imagine, floating nodes that can be updated and just float around in earth's orbit. No matter what happens we would have always worldwide nodes available.
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Recently i understood that if a popular altcoin price goes down i should invest there.
I did once, and sold mostly all of my bitcoins and then got a little profit of 0.5%.
Which is not bad, but the risk was high, so i would sell only if see that i need urgent money.
Not always. There's no guarantee that because an altcoin is popular, it will go above the price you bought at. Sure, you can always think that Litecoin is too big too fail, but there's nothing guaranteed, the only thing guaranteed of going up eventually is Bitcoin, the rest is an huge gamble. I would rather focus on investing long term-ish and get out with good projects, like Maidsafe. |
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I don't think it's necessary. Just use a good escrow. And when dealing with businesses, if you do need a refund in a legitimate way because for example, you bought a TV and it happens to be broken, then the business is risking a legal case of a demand by not sending you the BTC back, or at least a new TV. Lack of refund is not a real problem.
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This always comes pretty handy when you are trying to show someone why Bitcoin is the best form of money in the history of mankind:  The only reason Bitcoin isn't the 1# currency and store of value is because it lacks the marketing that violence backed currencies have. Gold has just centuries of existence and a huge network effect. Bitcoin is better money period, it's not even an argument. I'd like to add Crypto requires the internet for stable & secure transfer, which is not the case for gold/fiat. Are you kidding me? How are you going to trade fiat without the internet? Fiat is already electronic money, 90% of fiat is just 0's and 1's inside a centralized ledger.. Physical cash will be eradicated in a decade or so. Most gold is traded and purchased across the internet, the industry would collapse without it. Gold is not physically moved around to people's houses just because you buy it (unless you are buying small amounts). |
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It's a good sign...
just look at the internet early days, remember when if you used the internet in the mid 80's you were a criminal, outcast, geek, weirdo.. whatever?
When you are something that is against the current train of thought and you can see potential behind it, you are on the winning team.
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Hmm..
I'm sorry - but can someone give me a definition of 'CONFLICT OF INTEREST' that would not apply to a decentralised open source project where the lead devs also work for a private company ?
Ok, and which parties have expressed the most "interest" in the main-chain-only, SPV-for-all centralised alternative? They've got a bit of a conflict of interest also, being as they're funded and backed by big banking incumbents. I'm happy with this particular crossover; Wuille, Maxwell, Friednbach, Russell, Back et al are biased, just like anyone. I like their bias. Choose your bias wisely. True, the main point is, there is always going to be people complaining, no matter what. Until an AI of robots can develop code by itself, then they will say whoever is under the project is biased. Well, I choose to support the Core devs and choose to believe Gavin and Hearn are biased and have an agenda to centralize Bitcoin's nodes. |
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While I frown upon the idea of regulation, I think if that means bringing bitcoin popularity and adoption towards the next level, then I'll agree to it. I hope by having some form of control, this will instill trust and confidence of those people having doubts towards bitcoin. Sometimes you just have to sacrifice something and that's a fact.
Bitcoin will never get regulated in China. The whole Chinese "empire" is built upon control of the state, with Bitcoin they would lose a lot of money (as in controlled by the state money) by giving the power of freedom that Bitcoin is to their citizens, so they will keep it, if not banned, at least somewhat inside a grey area, unless the citizens defeat the goverment regime. |
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ETH IPO price was 0.0005 BTC and a little bit more in later stages of the presale.
If measured in USD at the time, it was ~$0.3
Holy shit. Then it was definitely a good speculative investment. On the other hand, it has a lot of room left to fall. Yep, I should have gotten into it, it was an easy call. Of course, with so many IPO scams, I decided to watch it from the sidelines. The dump happened and it did happen quick, but there was a reasonable period of time of a couple of days to dump while making big time profits. I don't know whats next for Ethereum, but the sidechains for Bitcoin are looking good, but its very early on in the game yet. |
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We are at an obvious flat phase just like 2011 - 2013. After this phase, whoever wasn't buyin as much cheap coin as possible will cry for days when the next pump goes 5 figures. It just may take double the time so im not worried about missing out, still got plenty of time to buy Bitcoin monthly. Thats my mission and sole purpose on life right now.
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