The post is meaningless anyway.  Regardless of whether the discussions are "healthy discussion using logic" or "irrational emotions" (two things that are very hard to distinguish in reality) they're still not going to get anywhere.  Random people on there don't represent the hashrate, they're never going to change their opinions and mining pool leaders are even less likely to change their opinion.

Faucets were never worth your time.

Think about it.  They're just giving you some of the ad revenue that they get from people visiting their site.  That's never going to be more than a couple of cents worth of Bitcoin, and bots never click on ads so it's going to be annoying for you.

Even if you were using faucets several years ago before the Bitcoin price went up loads, you would have been much better off actually working properly for Bitcoin or buying it.

Bitcoin is just like fiat but within its own ecosystem.  If you have knowledge or skills, you can use them - do some developer jobs for Bitcoin, or start a blog, or really anything else.  In my case, I post self-referential crap like this and get paid  (signature campaigns are a significant thing on the forum as well, as long as you don't spam).

A lot of people give predictions.  You just chose Ethereum and Ripple (two coins that have been massively pumped recently) and a couple of coins that I haven't heard of.

Why would this be better than just hodling Bitcoin?

It's not about having our best interests in mind, it's about having their best interests in mind.  ISPs are in competition with each other - if one were to introduce a service as stupid as paying for certain popular sites and removing any part of net neutrality which isn't just illegal activity, people would switch to an ISP that lets them do things they want to.  Economically it would be a terrible choice from their side.

This time though the ATH actually matters.  Last time it was a pathetic couple of days that the price went over and it was just weird ETF hype.  This time it looks pretty serious since it grew (more) gradually.

The Craig Wright thing was ages ago.  No one cares about him, he's just a power-hungry maniac.

He was also the only significant person who actually openly claimed to be Satoshi.  Just because news articles talk about it a lot doesn't mean it matters.  Satoshi decided to be anonymous and he will be anonymous.

Sure, it's a wide range but sometimes you need a voice of reason when people are giving loads of outrageous predictions of it falling to nothing or rising to tens of thousands.

It makes sense that the price will be a few thousand or a bit higher by then and rise more later.

I've now invested in this service and the OP has already sent me a PM with his first deal.


Actually OP, you could post on this thread in future so everyone can see.

Transaction:  https://blockchain.info/tx/127efd5dcdb7df2f9be26718912918fa4c82f1057f6f9c14d449a0a37eccf14e

The OP's address this time:  13Xx8KoNCeRpw2NTAshevkhSNTVsZ1ECHL

Okay, okay, so the OP phrased it wrong.  Clearly he's posted the details now so there's no point pretending to care.

It does seem like a very odd suggestion though, since we don't have proper details of your business or anything.  Posting what you're going to do isn't actually an indication that you'll do it - I'm sure that idea cost a lot less for you to come up with than what you want people to "invest" in it.

As it says on the rules thread:

You can sell accounts, but people will always look down on you if you do, very simply because bought accounts are often used for spam, scams, malware or anything else - people don't want to work for a long time so they just use a bought account instead.

Your investment is very risky and you haven't got any serious trust as an investor or trader, so people aren't investing yet.  You need some people to prop you up a bit.

Since no one else seems to want to do this, I will take both "slots" and invest 0.04 on the following conditions:

-I can compound my interest (add my earnings to my balance as I earn it) or partially compound and withdraw some.

-I can have full control over my principal and I can withdraw it or part of it at any time.

-If I withdraw the principal instead of just taking weekly earnings, you can keep as much Bitcoin as the transaction fee costs so that I don't mess with you and withdraw tiny amounts all the time.

-You keep me updated each week on some of the deals that you took part in that week or things that you did, preferably with a couple of links, so that I know you're not running a Ponzi scheme.

If you do this, I'll vouch for you on here and hopefully you'll be able to get more investors later on when you can handle them.

You might also have to wait for a little while, since I'm waiting for a transaction to confirm in my wallet which only has fees of 114 satoshi/byte before I'll be able to pay you.

Teenagers aren't stupid.  Any resources you give them which don't descend to technical jargon will be totally fine.  The important thing is that they're actually interested enough themselves - if they're not, they won't care and no amount of explanation will make them research it more and find out what any of the terms actually mean.  You just need to convince them of the blockchain's worth and why it's so innovative, and they'll get a lot further.

I know you'd love to think there's censorship everywhere, but the claims here just make no sense.  The article even thinks that theymos is censoring the forum, but shockingly you posted this right now and it hasn't been taken down.


-SegWit marks an increase in transaction capacity.  If it was accepted, the Bitcoin network would be able to handle the amount of transactions people try to send on it, at least for now.

-Bitcoin's price has gone up dramatically recently.  Altcoins do not "catch up" to Bitcoin, they just rise.  Cryptocurrencies overall are strong right now, and 50 percent is a totally meaningless number as it doesn't actually mean that one altcoin has overtaken Bitcoin's market cap.

-Cryptocurrencies are separate to Bitcoin and how they perform, especially Ethereum and Monero for example, is only partially linked to how Bitcoin performs.

This is based on two incorrect assumptions:

Transaction capacity = transaction volume, and transaction volume = Bitcoin transferred.

An increased transaction capacity doesn't actually mean that Bitcoin would be used for that many transactions yet as for small transactions it still has higher fees than credit card services like Visa and is less convenient.  People are very conservative with their money, they don't put it into a decentralised network straight away.

Also, if more people were transferring Bitcoin because of the lower fees, they would be transferring smaller amounts as it would be more practical to do so.  Therefore the amount of money that goes into Bitcoin would not increase as much as the transaction volume might and the price would not rise to 32 times what it is now (or not even close).

There are enough stable exchanges.  Bitfinex, Chinese exchanges and arguably BTC-E don't represent all exchanges, you can just go to Bitstamp, Coinbase or Kraken where you can deposit and withdraw Bitcoin and fiat quickly and freely.

USDT is crap but it doesn't apply to everything.

It's really weird.  If I were them and I was into stealing thousands of Bitcoin from exchanges, I'd be working on it all the time.  It can't be easy for them to dump so much money on exchanges straight away after they hack one of them, so during a big pump surely wouldn't be the best time (not that this is a huge pump, but 2013 was).

I don't think this is a problem at all.  If people don't spend it, that just makes their dreams of price rises come true - there's less Bitcoin being thrown into exchanges and the price stays propped up.

People hold fiat and don't spend it sometimes as well.  Some people hold millions in fiat.  It just means that people get better off by holding Bitcoin.  Good for them.

Yes.  There are so many Bitcoin addresses that the chance of getting the same address twice is zero for any normal purpose, which also pretty much means that the chance of running out of addresses is also zero.  Not that Bitcoin will ever be used by everyone in the world anyway.

No, as I pointed out there would still be a limited supply of Bitcoin to mine so the difficulty would even out - since miners still break, there would be an incentive to buy them as they would have to mine more Bitcoin than the amount of money that they cost and even if they did they would require maintenance so companies would still sell them, just like how right now companies sell them and people who buy them make profit.

Blockchain isn't really an exchange.  I don't know if they support Thailand but you'll most likely be able to buy from Slovenia.

I assume that they tracked your IP, so the only way you could buy using your Slovenian bank account from there is to use a VPN which makes you appear to be in a country that they support.  It might be a lot of hassle just to buy some Bitcoin through Blockchain though.

Blockchain's buying feature will have very high fees anyway.  You should sign up to an exchange that supports you (probably Bitstamp) and just withdraw it straight away to your wallet as a lot of exchanges are having problems right now and Bitstamp could be next in line.

Bitcoin isn't a career in itself, unless you're a Core developer (which is very unlikely).

The only careers which are solely about Bitcoin are online wallet businesses, faucets, investment businesses/securities, investment scams, exchanges, blogs and a few others.  None of these are for everyone to do and all of them are very saturated.

Your "career" should be something online which allows you to accept Bitcoin, not something that's just for the sake of Bitcoin otherwise it's mainly just for people in the know to play around with.