|
It seems to me that every time Bitcointalk goes down, the exchange rate goes up 20%. The effect is clear. We should make sure that Bitcointalk goes away and never comes back.
|
|
|
|
because they are all getting arrested like Burt W
Love it when idiots keep speculating BurtW's arrest. Without any info, yet they claimed he got arrested for selling bitcoins! These idiots are exactly the one who assume law from hearsay rather than knowing the law itself. Media did a great job again..... showing how dumb general public is. No need to speculate. The charges are in the indictment. Two are for selling bitcoins without a license and one is for money laundering. Are you from Florida? I take it you understand FL law? Under what statutes was he charged?
Not Florida -- Colorado. |
|
|
|
That's 150k unique addresses per day. Either way there is very little information about the number of users that you can infer from the number of addresses -- now that most wallets create a new address for every transaction. |
|
|
|
That's pretty silly as the maths will show that cloud mining is more profitable for most people.
I would like to see those maths. From what I have seen, the investor, for the most part, has had a choice of either unprofitable or ponzi scheme. |
|
|
|
I think Coinbase is already America's major exchange. I have yet to find an exchange that is even close in design, usability, and security.  Well, it isn't an exchange yet. That will happen tomorrow. It is important to understand the difference. At an exchange, buyers and sellers are competing for the best price. At Coinbase, they set the price to whatever they want and it won't be the best price for you. I'm glad that Circle appeared because the competition is forcing Coinbase to give its customers better prices. |
|
|
|
I don't know if the author of the article misunderstands or misrepresented the theorem, or if the theorem is flawed. Anyway, The incoming and outgoing flow of water ultimately determines the water level and stability of the bathtub.
The incoming and outgoing flows don't determine the level, they determine the rate of change in the level. For example, if the incoming flow is 2 gallons per minute and the outgoing flow is 1 gallon per minute, then the level of the water in the bathtub will rise at the rate of 1 gallon per minute, regardless of the level. |
|
|
|
Cant find anyone face to face cash on Local BTC, where else can one look, all the people insisted to keep things digital, I understand its a digital currency but I miss the BTC meetups and need to buy at a awkward time and can't find anyone local, surprisingly even being in this miny "Bitcoin City" Madeira Beach, St.Pete Florida
If you know anyone please let me know
The Mycelium wallet also has a trading feature. |
|
|
|
Well that is kind of a problem see, what happens if someone is running a big illegal ring and comes into contact with hundreds of thousands of bitcoins? All of those bitcoins can be traced back to criminal transactions and then be seized... This could be any fraction of a bitcoin that comes into your possesion, aside from newly minted blocks.
Bitcoins cannot be seized without the private key. What I meant by that is you can get money seized if it is suspected of being used in a criminal way and such I am sure the police would be more than willing to do the same with BTC. Such as what they did with the silk road bitcoins. Regardless, they cannot seize any bitcoins without the private key. They were somehow able to obtain the SR private keys, most likely because the wallet was unencrypted or they had its encryption key. |
|
|
|
Well that is kind of a problem see, what happens if someone is running a big illegal ring and comes into contact with hundreds of thousands of bitcoins? All of those bitcoins can be traced back to criminal transactions and then be seized... This could be any fraction of a bitcoin that comes into your possesion, aside from newly minted blocks.
Bitcoins cannot be seized without the private key. |
|
|
|
|
At no time did he say that creditors were going to get all their money back. He only said that he believed that there would be resolution and that they would get paid in 2015. Also, not all the Mt. Gox assets disappeared. Creditors could get 25% maybe.
|
|
|
|
I could buy a 25$ Pre-paid card, but I only need 0.011 BTC, wich is approx 2.6$ at the moment, not really worth it to buy a pre-paid card, + you need to be the activation fee of the pre-paid.
If anyone wants to donate you can do it here tho, i'll accept everything, really. o.o
13jiwn8QWUpxaHX3KvwvD2Gz4rCXq6m1pE
Begging is not appreciated here, but if you send me $3 cash in the mail, I'll send you 0.011 BTC. Even better, if you go to a local bitcoin meetup in your area, I'm sure somebody will sell you 0.011 BTC for cash. |
|
|
|
|
In the altcoin world, they are the big players.
|
|
|
|
I see a lot of people are eager to get their nodes up and running are they earning from this or are they trying to secure the network more?
I don't think you gain anything from running a full node but it does make the network transactions more secure. Full nodes are a little more secure and private because they access the blockchain directly. |
|
|
|
|
First, check the address that you sent to and make sure the bitcoins are there. You can use blockchain.info or blockr.io. Then, check the address in the wallet to make sure the wallet owns that address. Use dumpprivkey <address>.
|
|
|
|
Well if the block reward is getting halved from 25 BTC to 12.5 BTC, it literally means there's less more Bitcoins in circulation.
FTFY. Bitcoins are not consumed. The number of bitcoins in circulation will continue to grow despite the subsidy being halved. It will take many block halvings before Bitcoins actually become scarce though. Even with 12.5 Bitcoins created on average every 10 minutes, it's still very inflationary.
"Scarce", in the economic sense, means "limited". Bitcoin is "scarce" because there will never be more than 21 million. It is true that if demand is very high then bitcoins could be hard to obtain because of their limited nature, but bitcoins are "scarce" even if the demand is very low and they are not hard to obtain. During the time when the subsidy is 12.5 BTC, the rate of increase in the money supply will be about 4% per year. |
|
|
|
... a statement from Mr. Garza in August of 2014. Mr. Garza stated that a percentage of the profits for ZenPool came from “day trading.” The fact that he stated it was from day trading created a situation in which, according to various securities laws, makes it a security. So the ZenPool is not a mining pool? It's a "day trading" fund! I have never understood their Paycoin. Why deviate from what they were doing well before (mining) and introduce this Paycoin thing and created a media crisis and now investigations by the SEC. I would like to see that comment at its source. If it is real, then I have no doubt GAW that is running a ponzi scheme. Pirate also claimed his Ponzi scheme derived its profit from day-trading. When they start obscuring the sources of their profits, then you can be sure that it is a scam. |
|
|
|
|
When the demand exceeds the supply, the price rises. If the supply of new coins is cut, then the supply will rise more slowly, making it easier for the demand to exceed the supply (assuming that the demand is rising). Because the supply of new coins is such a small part of the total supply, the effect of the halving is not very significant.
|
|
|
|
|
The one that makes the most sense is the exchange that you use to buy and sell bitcoins.
|
|
|
|
The main problem that you state is already a moot point imo. How in hell Bitcoin isn't elastic? You could live off a single Bitcoin giving its so damn divisible. I dont see the practical problem in the 21 million cap. It's like complaining about gold being limited in earth. A limitation is needed, otherwise you always end up with the current fiat problem.
"Elastic" means that the price doesn't change much as the supply or demand changes. One ideal for a currency is for the value to remain constant (a.k.a. stable). A non-elastic currency has a difficult time doing that because the supply cannot be easily adjusted in response to changing demand. Bitcoin is fairly non-elastic because the total supply is fixed. Note that the OP assumes that a central bank has the ability to correctly adjust supply to match demand. History has shown that to be false -- all those failed currencies, and inflation has been a major problem in the U.S. ever since the Fed was formed. |
|
|
|
|
Show Posts
