It was just all a part of an elaborate publicity stunt imo for Craig Wright. He had the balls to fake it right till the end though, which is fascinating to me. Running a full node is the only way to ensure that you're getting 100% privacy and security.


Agreed. The whole idea of a p2p decentralized network is to make sure that every transaction is private, and trustless. If not enough people run full nodes then the whole system is going to become somewhat centralized. IDK what the hell Craig Wright was on when he said this, if he was satoshi, surely he won't be endorsing centralization of any kind?

Not exactly news, because the date was already out several weeks ago. But from today onwards there will be no double taxing on bitcoin.

Australia has done a similar thing with bitcoin, they used to tax bitcoin as a good, so a 10% GST, and when you buy something with bitcoin, they'll tax you once more. But yesterday/today depending on your timezone this was changed as well.


Who's next???

Good to see that you're interested in bitcoin, even though you have some doubts, it's good to ask questions.

1. If someone hacks your computer, then you can do nothing. There is no magic dispute button like the ones in paypal.
2. They can't. Bitcoin is decentralized and p2p therefore, if they want to shut down bitcoin they'd have to shut down every single computer that is running bitcoin.
3. Nothing you can do, therefore, do your own due diligence and use escrow.

Decentralization has its benefits and downsides. I think that the benefits of not having a government controlling your future far outweighs the fact atht you can't reverse transactions. Plus, bitcoin is fungible, meaning that two units of bitcoin are worth the same. So as a seller of goods, you have 100% confidence in receiving bitcoin, knowing that nobody can dispute it wrongfully.

Great explanation.

Basically, the proof section of the Chipmixer site is its main provably fair mechanism, since it publishes private keys every single day to prove that bets aren't rigged. What you can do is create a multisig wallet with one of your own private keys and the other as Chipmixer's private key, and voila, your coins aren't technically yours anymore.

I have a question - if your coins are in multisig at the time of a hard fork, what will happen to your funds? Is there any way that Chipmixer can offer this service trustlessly as well, for example with nlocktime?

Well, legal drugs are supposedly less harmful for your body. Obviously medicine is supposed to help yoru body... But if abused anything can be addictive potentially, as long as it makes you feel better. Though regulators rarely get it right, you see alcohol and tobacco is legal and widely used, yet many researchers have shown that it is more addictive than heroin, and many times more addictive than marijuana.


So in reality, weed shouldn't even be a debate. It should be legalized by the standards governments are setting with alcohol/cigarettes. But governments get $$$ from taxes so they can't just outlaw it overnight...

IMO this is not valid collateral.


COnvertible notes as you said are only really worth anything if the start up is successful. And plus, you'd have to wait quite a while actually to get the cash into your hands. A collateral must be readily liquidated in the event of a default.

Domain names that aren't 4-5 letters .com domains aren't really accepted as collateral either, of course it'll depend on your domains but i highly doubt it is anything valuable.

I recommend you just getting a personal loan from your bank, or an overdraft. You'll find much better interest rates and much higher rates of acceptance.

Thanks for the reply.

I'm more or less only interested in used Peace/Morgan dollars. Might be interested in taking the NGC one but not at the moment. The only way for me to get them otherwise would be Apmex which charges more than 70 aud in shipping fees each order to Australia, therefore i prefer p2p trades.

Ive got 2 sets of gold pandas, 1g-30g, 2016 and 2017 except for the 2017 30g gold panda which you have on the first pic. I might just get one off my local coin dealer. Thanks though!

You don't happen to be selling the gold panda in the first pic, do you(PCGS certified one)?

If you have any american silver dollars, peace morgan etc. selling to close to spot, as long as they are around XF i'll take them. Any more 1oz silver coins as well since all of the ones listed are already sold?

Oh and btw what about shipping to AU?

I can't find a definite correlation between stock market indexes and bitcoin, though it makes sense to say that when stock markets go down as a whole then bitcoin will go up somewhat because people are getting their wealth out of company stocks, and by just keeping the cash there does not yield them anything. So bitcoin is one of the logical alternatives. But bitcoin is ocmpletely unknown to most stock traders anyways, so until then we won't see as strong a correlation as say, USD and gold.


Not exactly the biggest crash but around 2%(https://www.google.com.au/search?q=dow+index&ie=utf-8&oe=utf-8&client=firefox-b-ab&gfe_rd=cr&ei=RTVXWYiYHuTc8weVuoqYBA). And that's a lot for the stock market, 2% sounds like stability in bitcoin but for Dow, that's a whole lot....

It's not even this. Obviously the guy is probably selling their coins a bit too cheap, but he can do whatever he wants. Plus, the discussion is more about miner's fees and transaction confirmation times, rather than exchange rate spreads on exchanges.


I would assume that most merchants willtrust you because they've got CCTV and all that, security measures irl are much more stringent than in the cyber world. Plus, Bitpay or other bitcoin payment processors will assess whether or not your transaction has enough fees to be confirmed in the first block. If your transaction is large obviously maybe they'll ask you to sit down and wait till confirmations arrive, and the same with low transaction fees.

Bitcoin is built for ecommerce imo so real world adaptability isn't that great atm.

This is somewhat incorrect. You're being too general here, some cryptos such as Ripple actually has an inverse relatinoship with bitcoin which means that when bitcoin goes up, it goes down, and when bitcoin goes down, it goes up. But the rest of the coins? Yeah. If you look at the charts, you'll see that bitcoin dominance increases when bitcoin prices crash.

@OP this is not even a phenomenon. it's a daily part of life for most bitcoin users, to deal with the volatility. Unless bitcoin crashes $200 in a minute then everything is expected in the bitcoin world. Bitcoin was in a bubble when it was near $3000 but since has slowed down quite a bit, so i don't think that we'll see another major adjustment until a weekbefore august.

Yeah, hopefully Burger king is able to implement the same sort of thing in countries such as the United States. It seems like that after Russia's government decided to announce their plan to legalize bitcoin fully by 2020, a lot of merchants have opened up to this new technology. Seriously, when is the US going to at least regulate bitcoin so that merchants can use it? I mean, regulation isn't necessarily a good thing for bitcoin, but at least it gets more people using it.


Maybe it is, but implementing bitcoin is so cheap anyways, and all you need to do is get a bitcoin wallet, and stick up the QR code for transactions. Easy as that. It's a win win situation, Burger King gets positive publicity, and so does bitcoin in russia.

Exactly, long term wise we all know that bitcoin as a cryptocurrency is going to revolutionize the way people think and use banking services. It's going to improve the world for the better. As more people join bitcoin and use it, the supply won't increase the way fiat currencies increase in monetary supply all the time. Therefore, the supply basically stays at the same level, whilst the demand grows, driving price up.

Long term is quite safe, because you're getting rid of all the short term volatility. Short term investors are taking on a much larger risk than long term investors, and will yield much less because they're focused on making $100 per coin, instead of potentially tens of thousands.

I think that what he meant wasn't really crowd sentiment, but rather when everyone is pumping up the price of bitcoin etc., you should dump all of your coins, and when everyone is saying that bitcoin is trash, it has no future etc., then that's the time to be in some for holding.

Honestly you'd be surprised at how many stupid investors that are out there, and how many instances someone could have dumped their coins for a nice chunk of money but instead wanted to make more and got greedy.

I do think though that there's probably going to be another dump somewhere soon in the near future. How much it adjusts by, i'm not particularly sure but the pre-fork panic is going to affect the price of bitcoin negatively imo. Altcoins will be dragged down alongside btc, though some might actually get pumped as a hedge against btc(ripple, eth). It'll be a good time to buy at that stage.

Hmm, Chipmixer definitely didn't do this on purpose. It is likely a bug of some kind. I haven't yet tested out the new site after it got a makeover but i can't see anyone else complaining about this issue, so it could be something on your end as well.

Either way, please contact chipmixer support. They'll probably refund you the difference in fees because it's a small amount involved here. As you know bitcoin miner fees are quite high and you can't really blame chipmixer for it.

Hopefully your next coin mixing experience will be somewhat better.

That's partially right.

I do think that right now we are in a bubble situation. I believe that priec is probably going to adjust down to a more suitable level of $1900-2000 in the next few weeks due to the aspect of a potentally devastating hard fork coming up, and people will panic dump.

As you said though, there is no Mt Gox hack, there is no price doubling in two days, what I can see from the past few weeks is a very gradual build up of price, with corrections along the way to stop it from going up too fast too soon.

You'd be surprised at how little people are willing to scam you for.

Same question here - does this work in every singel country? If I order 10 of these can you use escrow for the trade instead of my having to trust you on the autobuy link?? How did you obtain these by the way?

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Um, you said that you gave out vouch copies a day or two ago, but nobody seemed to have commented on their legitimacy yet.

WTF.... I've seen legit projects raise less than that, and people on this forum isn't even willing to lend out $50. Why do people think that juts having an ANN thread makes you 1million times more trustworthy???

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No escrow, self moderated, founders seem to be generic names freshly copied off fake name generator, a quick google search yields absolutely no hits regarding the professional career of the team members listed on their ANN thread apart from the actual ICO itself.

Definitely a scam, even if it isn't, it's still a crappy project. Founders should at least have a linkedin profile dont you think?

I have an old HTC phone which is completely fine, no flaws whatsoever, it's just old.

However i am based in Australia which means that if you need me to ship it elsewhere in the world it's probably going to be a hassle & not worth neither of us's time. Let me know if you're in australia too or more likely outside of AU, in which case it's not worth it as i said. I might just sell it to a scrap phone dealer as well, since it's probably not worth much.

Thanks!

Which service are you using? For mine, i just need to provide ID/passport and proof of residence.

I guess the thing is when you're in a bank, the government is directly linked to them anyways. Most big banks and even small ones have some sort of tie with government regulators, and even if they don't, there are clear regulations that state governments are able to suspend your account and freeze it if anything is suspected. This is not the case with bitcoin debit card providers. They are operating in a grey area and the best that governments can stop any illegal stuff from happening is to get proof of address, proof of id, even origin of funds in some cases.

If you're not comfortable with sharing your info, then don't do it. Use an anonymous card like Advcash. Or use wirex/cryptopay.me, though they have low limits for unverified accounts. If you use a legit, land based corporation's service though there is little chance that your info will be stolen, though it is always possible.