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5461  Economy / Economics / Re: Do you remember how you feel about during 2008? on: February 02, 2019, 09:03:30 AM
Not everyone on this forum was aware of Bitcoin in 2008 and not everyone
would have been able to see the potential it offered.

The collapse of 2007/2008 hit me very hard, I was just after buying a house
and struggled to pay back my mortgage after I lost my job and had to work
elsewhere with lower wages. I wasnt in a position or in a mindset to think of
anything other than surviving from week to week.

If I had truly known of bitcoin and its goals and technology then I would like
to think I would have got into it.
5462  Economy / Economics / Re: Bitcoin prices will continue to fall on: February 02, 2019, 08:49:38 AM
I didnt click or follow those links in the OP, i dont need to know what they say.
It certainly isnt anything enlightening.

I do know that as the markets fall they present to me better buy options, I have
been buying on and off throughout January and will continue to do so in this
current market.

We all know its not going to last forever so why panic and get so obsessed with
the FUD now?
5463  Economy / Gambling discussion / Re: Tennis League All Thread on: February 02, 2019, 08:22:44 AM
and its importand for any game that the younger talent do come through
the ranks, the household names like Federrer, Nadal, Djockovich, Murray,
Wawrinka, Williams, Kvitova, Wozniacki and Stephens will fade from the
game to be replaced by new exciting talent like Tsitsipas and Osaka.

I also agree that Murray will bow out at Wimbledon, he really struggled and
was clearly not his physical self at the AO.
5464  Economy / Gambling discussion / Re: Rugby Union : 2019 Six Nations Championship on: February 02, 2019, 12:06:24 AM
Tough loss for France tonight, the first half Wales were not at the game
and after a few French handling errors in the second half Wales started
to believe in themselves again.

Just goes to show anything can happen in rugby and the slightest mistake
can turn the tables.

The simple handling error from Frances Huget allows George North in to
score a try, this sets Wales up for a strong second half.
Another gifter try for Wales after Ntamack throws a long looping pass wide
but North intercepts and runs clear to score.
5465  Economy / Economics / Re: Romania has approved a 10% tax on profits from cryptocurrency trading on: February 01, 2019, 09:42:11 PM
10% tax on profits is actually quite light, in my country its 33%
as taxes go 10% is reasonable.
Possession of crypto cannot be taxed, not on a decentralised
currency.
5466  Bitcoin / Bitcoin Discussion / Re: The first Blockchain beer available tomorrow on: February 01, 2019, 08:57:45 PM
Is it not just some sort of publicity and/or something just to be different?

Its certainly advertising "blockchain technology" and hopefully it will
attract more interest in bitcoin.
5467  Bitcoin / Bitcoin Discussion / Re: A new malware designed to beat 2-fa authentication on: February 01, 2019, 06:55:45 AM
Google Chrome and Apple Safari cookies are stolen.
Saved usernames and credit card information from Chrome are stolen.
Text messages backed up to Mac are stolen from victims’ iPhone.
Browser cookies are stolen to defeat login anomaly detection.
...
With this combination of login credentials and cookies, attackers can often bypass the two-factor authentication process protecting accounts.

sorry if this is a dumb question, but how exactly does this compromise 2FA?

all of the compromised data is browser-based (something you know, not something you have), with the exception of "stolen text messages". but old text messages shouldn't overcome SMS 2-factor authentication because those one-time codes are only good for a very limited time. and if you use TOTP-based 2FA, you should be completely safe.

can somebody walk me through this?

Good question and very relevant,, there must be something else to it.

Personally I have never used Chrome and I didnt fall for the "convenience"
of using it at the expense of compromising privacy.

Chrome allows third-party websites to access your IP address and any
information that site has tracked using cookies. If you care about privacy
at all, you should ditch the browser that supports a company using data
to sell advertisements and enabling other companies to track your online
movements


I have always used Firefox in private mode, I dont allow Firefox to store
my browsing history. This is something the Mozilla foundatuon have
always based the operations on.

We do not collect personally identifiable data, not what you do or what
websites you go to


https://www.fastcompany.com/90174010/bye-chrome-why-im-switching-to-firefox-and-you-should-too

I wonder why it is targeted solely to apple users, android users could surly
be targeted too?
5468  Economy / Economics / Re: Anybody looking for an Offshore Bank account? on: January 31, 2019, 08:20:55 PM
There was a thread about offshore accounts last year some time and I
remember something about Lichtenstein being a very friendly country
for numbered accounts > https://transferwise.com/gb/blog/opening-a-bank-account-in-liechtenstein

There is a private bank in Lichtenstein which offers crypto trading
> https://www.bankfrick.li/en/about-bank-frick/media/bank-frick-allows-direct-investments-in-leading-cryptocurrencies

So it could be worth looking at that country if you havent already.
5469  Economy / Economics / Re: Spending bitcoins on a car. Car depreciate while Bitcoin appreciates. on: January 31, 2019, 08:09:11 PM
U go to buy a car with bitcoins but to find out ur car depreciate in 3 years. While holding onto bitcoins the value of ur bitcoins appreciate. Just a speculation. Taking risk at an extreme. Trading ur bitcoins for a car. Hah . But Bitcoin doesn't always sky rocket in value every 3 years. Or does it.
As far as one is buying the car for a purpose, or for a need, I think it's worthwhile buying it will bitcoin. Though it will depreciate, but it will serve its purpose. And on the other hand, no one really knows what bitcoin price will be like in 3 years. We are just being optimistic and hopefully it favours. Everything in play is a risk

Yes i agree, cars are really a tool, a transportation device to get us from A to B,
I always buy cheap cars and when they are no longer economically viable to run
I buy another cheap car so I wouldnt have a problem buying a cheap car with
bitcoin but I wouldn't buy an exotic car or a car which would loose substantial
value. Personal preferences i suppose.
5470  Economy / Economics / Re: Opinions about the emergence of new Coins on: January 31, 2019, 07:05:28 AM
Im not thinking too much about new coins emerging, im not that interssted.
Ive been there and got the new coins which promise so much but have not
developed. Its a tough road delivering a new coin with a working viable
technology ir solution.

Im not sure there is any positive impact on bitcoin other than it has to be
bought and sold using bitcoin, it might attract new people into crypto who
will eventually realise that bitcoin is the one to focus on. Anyway in the
end it is reducing bitcoins market share.
5471  Bitcoin / Bitcoin Discussion / Bitcoin Rewards and Treats on: January 30, 2019, 10:32:27 PM
So following on from the Thank You Bitcoin thread, I thought
it would be an idea to create a thread where people can post
their Bitcoin Rewards or how they have treated themselves
with the proceeds of Bitcoin.

Back in December 2017 I treated myself and my family to a
Christmas City break in Lisbon, Portugal. Ok I couldnt actually
buy the flights and accomodation with Bitcoin but it was paid
for with the proceeds of Bitcoin earnings throughout 2017.

It also helped that we were approaching the ATH so the value
of my holdings was super inflated. I really was coincidence that
I happened to make the treat at that time.

Hopefully this thread serves as proof that with some hard work
and belief in the future Bitcoin can and will offer rewards to those
who can see it.








So can anyone else tell their story of how they have treated
themselves with the proceeds of Bitcoin?
5472  Bitcoin / Bitcoin Discussion / Re: Bitcoin ATM's are popping up on: January 30, 2019, 09:59:38 PM
Sounds nice, most capitals and a lot of big cities have a btc atm nowadays, its a step Smiley.

Yes I just googled if Ireland had a Bitcoin ATM [I wasnt expecting a positive result]
and yes there is one in Dublin which I am very happy to hear!

http://bitcoin-atm.ie/#contact

This is great to see, by the looks of the machine they use it is
not a large unit, doesnt take up too much space so I think there
should be more merchants willing to offer the service and earn
some commission.

5473  Bitcoin / Bitcoin Discussion / Re: I own 1 full Bitcoin!! on: January 30, 2019, 07:32:32 PM
Well done indeed to the OP on the 1BTC accomplishment, its not easy,
especially if one doesnt have a lot of disposable income.

I am involved in crypto since January and the most I have held at any
one time was 0.72BTC, of course I have spent some since then.

Owning 1BTC is such an achievement and is a target for everyone
5474  Economy / Gambling discussion / Re: Rugby Union : 2019 Six Nations Championship on: January 29, 2019, 10:20:18 PM
Yes Ireland are in no doubt the favourites. The 6 nations championship
this year is a special one because of the Rugby World Cup this year also.
The 6 nations is a spring board for the RWC.

The 6 nations always throws up surprises and it can all hinge on injuries
to key players.

I have money on Ireland to win both the championship and the triple crown.

Of course Ireland are my favourite team and rugby too is my favourite sport.

France are indeed underperformers, they dont click as a team and are a team
of brilliant individuals.
5475  Economy / Gambling discussion / Re: Do you gamble or think it's a waste of money and time? on: January 29, 2019, 08:56:01 PM
It is true that gambling is a waste of money and time but it is also true that gambling a good way to spend your ideal time. You do not have to lose a big amount. Just start playing with a lower amount and you will easily be able to spend couple of hours.

That will works only if we can control ourselves in the gambling games. Without these things, we cannot spend our time, and we could play over and over without trying to stop because the games will always tell us to come and play. Although gambling is a good way to spend our time, it still not recommended to play gambling every day because we have a risk to become addicting which is not every gambler knows about that. So we need to have a strong mind to control ourselves and know when we must quit gambling.

Its difficult but gambling should be treated as recreation and something
to do during some spare time and a part time buzz.

I dont think its a waste of time and money, you could apply that to anything
really. Its just a matter of perspective and everyone has a different priority.
5476  Alternate cryptocurrencies / Altcoin Discussion / Re: Litecoin's New Logo on: January 29, 2019, 08:17:24 PM


https://www.investinblockchain.com/litecoins-ltc-new-logo-2019/

Quote

Litecoin Enters a New Era With a Refined Logo and Vision

Litecoin’s new logo, presented in a recent blog post, is meant to symbolize an exciting time in Litecoin’s history as the project realizes new ambitions and strives to become globally adopted as it enters the mainstream space.

According to the Litecoin Foundation, up until now the cryptocurrency’s primary aim has been to complement Bitcoin as a means of transaction. However, now that Bitcoin has become the ultimate store of value, it has become difficult for it to be used as a medium of exchange.

Any thoughts of LTC's new logo?

For me, I really like the new one much more refreshing to the eyes. But what's important is that devs are very much active and trying to take LTC to the next level and its competing with other coins to be a payment system.

I totally agree, i too like the new logo but most importantly is that the
developers continue with their super job at continuing to keep litecoin
relevant. For the debate over liking or disliking a logo it wont matter
this time next year.
5477  Bitcoin / Bitcoin Discussion / Re: BITCOIN GLORIOUS DAYS MIGHT JUST BE HERE on: January 29, 2019, 07:19:00 PM
No Bitcoin wont be adopted by any country instead of its own currency.
They would not be able to control it because its decentralised.

Bitcoin at the moment wouldnt be able to handle all the transactions on
an hourly basis let alone a daily one.

The limited supply of bitcoin and not being able to "print more" is not a
desirable thing for a country looking to use it.
5478  Economy / Speculation / Re: Regardless of the continuing bear market, the fundamentals keep improving on: January 29, 2019, 07:11:34 AM
The FIAT values for Bitcoin are really unrelated to its technical development,
or in another way development of the technology behind Bitcoin will continue
regardless of what $ value it is today or tomorrow.

Anybody who takes a good look at Bitcoin and sees the real merit in what it
can provide other than a short term retirement scheme is going to get into
it regardless of the price and i agree that lower prices should attract more
adoption.
5479  Economy / Economics / Re: What's it like to live on crypto instead of Banks? on: January 28, 2019, 10:54:02 PM
You should just use what is cheaper for you. You should not focus in one or another but use both. Banks itself will eventually use crypto if will be cheaper to transact. But they will still exist and serve.

Well, cryptocurrencies will always be cheaper than banks because of their underlying Blockchain technology. Even with Bitcoin's astronomical rise in fees, it's still cheaper than traditional payment processors. That's why many Banks see crypto as a threat, because it enables people to send money at lower costs, giving them the power to be their own bank. With all the available technologies and advancements within the Blockchain industry, cryptocurrencies can outmatch banks in terms of speed and cost efficiency.

Right now, Ripple (XRP) and Stellar are already the fastest cryptocurrencies in the world. On top of that, they're extremely cheap where it costs only fractions of a penny to send money around the world. What is needed is mainstream adoption, for cryptocurrencies to become a force to be reckoned with. Once that happens, and many merchants and businesses start accepting cryptocurrencies, then many people will choose to live on crypto instead of banks for the rest of their lives. Cryptocurrencies give freedom, which is contrary to what Banks offer. If we were to live on crypto only, instead of Fiat money issued by Banks, things would be a lot better, IMO.

Nonetheless, time will tell us whenever Banks will adapt to the Blockchain or become obsolete as crypto takes over the mainstream world. Just my thoughts Grin

This is what bitcoin was made for, to be an alternative payment system to banks.
Crypto has evolved to the point where there are viable alt coins even if they are
a bit questionable or are disliked by portions of the community. Knowing which
of these can be used for what task can be beneficial.

On the point of living off crypto, there is 1 community member that i am aware
of who does just that, FRANKY1 has mentioned before that he buys all his goods
etc. With cryoto, id love to know exactly how, but thats his own business

5480  Economy / Economics / Re: Will people ditch cash for cryptocurrency? Japan is about to find out on: January 28, 2019, 10:21:11 PM
I am alao surprised that cash transactions are so high in a country
renowned for its technology.

We all know Japan gas been very openminded towards crypto
this just proves they really are blazing a crypto trail for the rest
if the world to follow.

I would be confident that this is a plan to continue after the olympics,
Just looking at the savings alone for the financial system by
reducing cash handling.
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