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521  Bitcoin / Bitcoin Discussion / Re: Won't governments try to kill Bitcoin? on: September 11, 2014, 05:49:17 PM
- They successfully killed off Tesla's free electricity Tower -- and any other free energy sources after that.
 - They failed to kill off the internet
 - They failed to kill off Bitcoin

Things are looking good.

I have a theory that some forces out there are preventing the elites from doing everything they want.

They assassinated Lincoln when he tried to make his own currency (Greenbacks)
They assassinated JFK when he tried to make his own currency (United States Note)
They assassinated SAdam Husein when he tried to convert Petro-dollar (into Euros)
They assassinated Gadafi when he tried to make his own currency (Gold Dinar)
They assassinated Mubarak when he tried to join Gadafi
They assassinated Hugo Chavez when Venezuela dared to sell their oil to China for the Yuan (not petro-dollar)


They are assassinating evry threat to the almighty Dollar.
But them scratching their heads, having no idea how to kill off Bitcoin is a GREAT sign.


Long Live bitcoin!

Agreed on all this but it is very easy for the US government to control/regulate Bitcoin without needing to kill it off. It might even prove useful for them - after all, the CIA/NSA always needs an untraceable source of funding for black ops, and Bitcoin could provide that.

They WILL try to manipulate the price, which is easy to do simply by buying/selling in large quantities.

They MIGHT position themselves for a 51% attack should Bitcoin ever become a real threat to the dollar, which at the moment, it is not ...
522  Bitcoin / Bitcoin Discussion / Re: Won't governments try to kill Bitcoin? on: September 11, 2014, 05:40:06 PM
They won't kill it - they will regulate and control it.  They will also try to manipulate the price (as they do with gold) to keep the value of Bitcoin 'under control'
523  Economy / Speculation / Re: Why btc will die on: September 11, 2014, 05:09:17 PM
OP is a moron!

"bitcoin has no value, just a piece of junk number. it has no value like currency or gold, people buy it just for speculation."
- Gold has no value either, fundamentally, as it isn't used in heavy industry (like platinum) or as an energy source (like oil). Gold has value simply because other people desire it - same with Bitcoin.  Difference is that Bitcoin is actually USEFUL as it facilitates e-commerce, while gold is fundamentally NOT useful. Therefore, Bitcoin should be MORE valuable than gold.

"bitcoin is unsafe and easily be stolen. If someone buy some coins for invest, it may disappear or hacked."
- Only if the Bitcoin holder is an idiot. It is very easy to secure Bitcoin using cold storage and paper wallets.


"Gov will ban it, because it is anonymous and can not be controlled. People can use btc buy illegal goods like drugs and guns,  and may not pay tax. Or terrorists will use btc to fund terrorism activities."   
- Silicon valley venture capitalists are pretty much plugged into the US government, and these VC's are pumping hundreds of millions of dollars into Bitcoin startups. Doubt they would be doing this if Uncle Sam was going to ban BTC.  More likely, the US government and Fed. Reserve will try to control Bitcoin by regulating the hell out of it, and manipulating the price through secret buy/sell transactions.  But they will NOT ban it.

"Btc system is unsafe too, 51% attack will destroy it."
- Ghash already could have launched a 51% attack in theory but they didn't.  I do agree that Bitcoin needs to come to terms with mining pools and implement some failsafes against a 51% attack.  Mining pools controlling more than 51% of the hashrate represent an existential threat to the cryptocurrency, indeed.

"people does not need bitcoin, they can use dollars as well."
- No.  You can't use 'dollars' online; you need to use paypal or credit card and those are legacy payment systems poorly suited to online transactions.  Also, the Federal Reserve can simply inflate your wealth away by printing more dollars, so the US dollar is no good as a value store either.

"So I think btc will soon die"

Bollocks!
524  Economy / Speculation / Fed. Reserve manipulating Bitcoin price? on: September 11, 2014, 05:02:05 PM
With all the recent positive news concerning Bitcoin, especially the announcement of Braintree payments accepting BTC, I find it particularly odd that the price has remained steady ...

The Federal Reserve and central banks around the world have been manipulating the price of gold for half a century.  Since bitcoin is a FAR SMALLER market than gold, it's no surprise they are manipulating the Bitcoin price as well ...

Central banks could CRASH the Bitcoin price simply by slowly accumulating BTC then dumping it all at once on the open market ...
525  Economy / Auctions / Re: Video website + domain + paid hosting *read info* on: September 09, 2014, 02:26:08 AM
site has no traffic according to alexa
526  Bitcoin / Bitcoin Discussion / Re: PayPal’s Braintree Embraces Bitcoin, One-Touch Payments on: September 09, 2014, 02:22:04 AM
bitcoin will put pp out of business...
527  Economy / Service Announcements / Buy and Sell Bitcoins on your Smartphone or Tablet! on: September 03, 2014, 02:55:47 AM
The fastest growing Bitcoin exchange https://CoinChimp.com has released a MOBILE APP which makes it easy for users to buy and sell Bitcoins quickly, easily and anonymously using a smartphone or tablet.

The app is free. Download it here: http://tiny.cc/coinchimpapp
528  Economy / Auctions / Re: AUCTION -- BETinBTC.com -- 1 week.. end Sunday 9/7/14 NOON PST on: September 02, 2014, 06:56:04 PM
I bid 0.001. Domain isn't worth more than that.
529  Bitcoin / Bitcoin Discussion / Re: BitCoin Scamming Business is Booming! on: September 02, 2014, 06:41:55 PM
you can report scams at http://BitScams.org
530  Bitcoin / Bitcoin Discussion / Re: Charlie Shrem Pleads Guilty - What do you think? on: September 02, 2014, 06:40:04 PM
Govt threatened him with 20+ years, what would you do?  Roll the dice or take probation ...
531  Bitcoin / Bitcoin Discussion / Re: What wallet do you use for your Bitcoin? on: September 02, 2014, 06:39:05 PM
I use https://BitArmored.com .. safest Bitcoin cold storage wallet
532  Economy / Service Discussion / Re: Coinbase going busto? Numerous people not getting paid by Coinbase currently. on: September 02, 2014, 06:38:14 PM
I warned people about CoinBase months ago ..

Their fees are too low - they have ZERO profits and in fact have NEGATIVE profits due to hacking.

When their Venture Capital money runs out, they will go down fast .. it will be a repeat of the MtGox fiasco, but even worse.

When will Bitcoiners wise up?

For a REAL EXCHANGE try https://CoinChimp.com .. ZERO PAYMENT DELAYS
533  Economy / Service Discussion / Xapo Sucks on: September 02, 2014, 06:36:05 PM
Xapo purports to be my direct competition, so just for fun I placed an order for a debit card months ago, and still .. NADA.

http://techcrunch.com/2014/08/05/after-angering-bitcoin-crowd-with-debit-card-fees-xapo-talks-back/

As of yet, they haven't even shipped cards.  Yet another venture capital darling going bust. 

https://BitPlastic.com is still the BEST and the ONLY real Bitcoin Debit Card company!
534  Bitcoin / Bitcoin Discussion / Re: How would you store >100 Bitcoins? on: August 31, 2014, 01:59:12 AM
I would recommend offline storage, paper wallet or https://BitArmored.com for deep cold storage
535  Bitcoin / Bitcoin Discussion / Re: Why Do People Believe Bitcoin Will Replace Fiat? on: August 31, 2014, 12:51:10 AM
Very simple - the government can STEAL your fiat money simply by printing more of it.

They cannot steal your Bitcoin .. unless they send goons to your house with guns (as they have been known to do ..)
536  Economy / Service Discussion / Re: Coinbase going busto? Numerous people not getting paid by Coinbase currently. on: August 31, 2014, 12:48:39 AM
As I warned last year, coinbase is a scam/ponzi and bleeding money to hackers on the daily.

When they run out of VC money to fill the holes, they will go bust - just like MtGox!
537  Bitcoin / Bitcoin Discussion / Re: What is the biggest problem in crypto currencies? on: August 31, 2014, 12:44:24 AM
biggest problem is impending governmen regulation

second biggest problem is SCAMS
538  Bitcoin / Bitcoin Discussion / Re: What bitcoin myth you want to see us bust next? on: August 26, 2014, 08:30:00 PM
the myth that bitcoin is a ponzi/pyramid scheme needs to be addressed .. obviously that is the opposite of what bitcoin really is
539  Bitcoin / Bitcoin Discussion / Re: Will Amazon buy Blockchain.info till 2016? on: August 26, 2014, 08:16:20 PM
I don't know where this rumor started but Blockchain.info is definitely NOT for sale. I made them a rather large offer for their site a few months ago and was roundly refused.
540  Economy / Marketplace / Re: Get some nice exposure for your bitcoin hosting company on: August 26, 2014, 07:50:20 PM
Hi, I have a bitcoin hosting site: http://BitWebhosting.com .. completely anonymous hosting, VPS, dedicated, Cpanel shared and all OFFSHORE
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