So how many more coins need to be stolen before it's no longer a problem? What if coinbase were to disappear? Bitstamp? OKCoin? Houbi? Bitfinix? Are you cool with those companies having no oversight and all those people having their coins and fiat disappear overnight? I'm personally not. I believe in consumer protection. I don't have anything against that kind of companies. If you want government regulated companies, then put your money there, but don't force everyone running a bitcoin exchange to be regulated by the government, and therefore any trader/investor to use regullated companies. As a libertarian I don't want any government meddling. Let the consumers be free to spend/transfer bitcoins whenever and whereever they want. But if companies are doing business on the consumers behalf, they should at least be held accountable to some standards. They already are in the unhampered free market. Their profits depend on how much their are trusted by their consumers. To win money, they have to please consumers, not regulators. Could you imagine if we followed your "Free market" corrections? Would you want to go to a doctor that doesn't have a license that is overseen by a board that makes sure he/she is qualified to treat you? Or would you be okay with dying knowing that eventually the free market will get rid of that doctor....and either another unfit doctor will take his place (and will be replaced once negilance occurs by the free market) or maybe you will get a good doctor to take their place? Or maybe it doesn't matter since you'd be dead anyways right?
Yes, I would like to be able to go to a doctor that doesn't have license. I would also like to be able to get a taxi that doesn't have any license. Or to be able to buy drugs from a seller. It's the consumer who has to decide whether he wants to buy a service or not, not a burocrat. Licenses are just a form of monopoly given by governments. They artificially lower supply.
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I don't know what people think about them, but they keep getting more and more power and receiving more and more privileges, like subsidies.
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I hope it does, but as long as it controls education, it will be very difficulty, as people is indoctrinated to ask for more and more government intervention.
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As long as they respect the Non Agression Principle, I don't care what they do, or in what they believe.
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It wouldn't surprise me that it were either a hoax or something greatly exagerated (that's more likely). Governments keep inventing excuses to grow in power and steal more money from citizens.
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If any of them have emergency withdrawal addresses, he could just send the coins back that way, if and when, after several years they have not yet been claimed.
If owners can be localized, and they can because they left an emergency address, then Bitcoins should be returned to them. If they didn't leave any clue, then Dooglus can keep them as long as owners don't come and prove that they really owned them.
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Good for Bitpay buy bad for the price... BitPay Plans to Have “One Million Merchants Taking Bitcoin by the End of 2016″ https://www.cryptocoinsnews.com/bitpay-one-million-merchants-taking-bitcoin-end-2016/I agree in terms of overall health of the bitcoin economy it is totally good..but in terms of price, it is going to be always a negative pressure. I believe the real use value for bitcoin is what will drive price up, something like drones and autonomous vehicles trying to deal only bitcoin in which case bitcoin become a thing where people really want to have bitcoins in order to use a service! the merchant adoption i think is a bitter pill Don't you realize that if Bitcoin is accepted in more places, then it's more valuable, as it has more uses, and therefore its demand increases, and, therefore its price also increases?
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Bitcoin can solve "financial problems" everywhere, as it's vastly superior to fiat money.
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We don't agree to pay taxes. We pay them because we would go to jail if we didn't.
And we have to pay taxes because the majority of voters are ignorant and just keep asking for more government intervention.
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Bitcoin is antifragile, it benefits from volatility. Read Taleb's book if you don't understand it.
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How much have taxes increased in that period of time? That's also one of the reasons prices are higher than they would in a truly unhampered market.
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Of course it matters. If it's very low in comparison to the amount of USD you want to invest, then you'll lose a lot moving the market while buying.
New maximum prices also make headlines, which attract more users.
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I don't understand people that keep buying US bonds... In the best scenario they get a very small return, negative in real terms.
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So will we see a big give away with the coins that are left? Wow, how can you even expect that? Anyways, I am sure he has no plans to give it away. dooglus when do you plan to make the decision on reopening JD? So if no one can claim coins in 5years, what happens to the coins? He keeps them? Why woudln't he keep them as long as the original owners don't claim them? He could or he could give it away to JD players or bitcointalk members in a big give away, it is an option Prices of 0.01BTC to 1BTC to members who have more than 100 activity or JD players that have played at least 1BTC JD players and forum members have nothing to do with that money. It should be given to their owners. If the owners don't want that money, then it's for Dooglus.
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In the great words of Ron Paul end the fed.
It's enough with letting everyone use whatever currency they want. So people will start using better money, like gold, silver or bitcoins, and nobody will use USD, so it doesn't matter what the FED does. The problem is the government.
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Under IPO we go @ 0.09BTC/share. Will we see 0.01BTC/share before the turn around? Long, cold winter for AM part deux.
The price depends on the expectations of the market participants. As long as we don't have any news, the price should keep decreasing.
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Price is already low. Why would he sell his coins anyway?
It would make sense if he expected a higher return in another investment, or if he just preferred to spend the money.
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Anyone can clue us in on this? Maybe a software developer? Shouldn't online casinos have BETTER payouts than live, because there is less maintenance, a lot faster, and ease of access?
Online Bitcoin casinos have a quite low edge compared to live ones, and even to online ones that have to pay for their licenses, taxes, etc.
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It seems like the FED is back to QEing, so I doubt there will be any crash soon.
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Buying and holding forever.
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