IMO, the banks from worldwide will ban all the Bitcoin exchangers soon(in the following months). I recommend you to sell your Bitcoin now. The rate should go down fast.
Overthrow or vote out your governments instead. |
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I don't care much about the Palestinians. There are around two dozen countries ruled by Muslim Arabs. They can migrate to those countries. On the other hand, Israel is the only Jewish nation. Where will they go?
And another point is that, more than a million Jews were living in Arab countries such as Yemen and Iraq until 1948. All of them were expelled and their assets were seized. I'd like to hear whether the Palestinian activists condemn that expulsion or not.
It's adorable that someone defending the actions of a criminal apartheid state in flagrant violation of UN Resolutions for decades that has an official policy of de-facto ethnic cleansing somehow finds some convoluted way to act like a victim! |
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I am living proof that this isn't actually true. Not smug about it, there are plenty of other people who are too.
In the sense that you know nothing but still like it? |
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All I wanted was 5 usb miners and a 5 usb port and MAAAYBEE a rasberry pi , so that I could put them in a box burry it in a desert and never think of them ever again and in 5 years I would go 'wooow I had all these and suddenly I am rich' , I know it sounds weird but that happened to many bitcoiners  That kinda happened to me as well but in the reverse order , I spent a lot of coins on useless stuff back in the day than when I learnt these things costs 1000$ now I went 'omg I spent 6000$ on couple of promotional papers. It doesn't work like that. Increasing difficulty produces asymptotic returns. If you wanted to produce this result, you could just perform an iterative calculation on return based on reasonable difficulty assumptions, buy that amount of coins (hint: for the amount of hashpower you want it's going to be significantly less than 0.5 BTC ever until the heat death of the universe), and ignore them for an equal amount of time. |
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News provides the nebulous background for rationalizing away what are obvious pump-and-dump profit-taking maneuvers by whales, and provides the fictitious context for provoking the mass panic sells that these strategies require.
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Why did nobody tell Peter Schiff that he can easily create digital currency backed by gold, if he just use Colored Coin and backed it with gold?
This would require him to actually understand something about what this is instead of jumping to immediate superficial conclusions and then punch that strawman. |
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Scrypt is not memory intensive inherently, that's a complete fallacy.
It's just that the most straightforward reference implementation depends on storing bit strings in memory instead of producing them on the fly.
It's entirely possible that computational speed can completely overcome the benefit of large amounts of memory with the right algorithmic design. Obviously there is a tradeoff between memory useage vs. number of operations, but what in computer science isn't like that?
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This just in ...
The fox warns that guarding the henhouse is dangerous!
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I'd like to propose the following as "Schiff's Law", and suggest that it applies to Alex Jones and all such publicly-known commentators.  |
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Long-standing anti-establishment pundit types are fairly universally pissed off with Bitcoin.
All these kind of people have ever done is talk, then here comes along an invention that actually represents the single greatest concrete advancement in antiestablishmentarianism / anarchy, and none of these windbags had anything to do with it.
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Both of these interviews were a complete waste of time, because the media outlets are framing it as Ron Paul giving his opinion about Bitcoin, and he's very honest and forthright about not understanding particularly much.
They proceed to ask him questions that make absolutely no sense unless he specifically were an expert on the technology, and squander the fact that he's very qualified to answer questions about monetary policy in general!
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JPMCoin - hilarious. One thing that is guaranteed, the U.S. government will not take efforts to regulate it.
That is where you are 100% incorrect! ANYTHING a bank does falls under direct government control from the get-go and that may well be the point! Think about it. My $.02.  JP Morgan Chase writes the regulations they want, and the government rubber stamps them. Then they continue laundering drug money with no consequences. |
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Argentina is the next big adoption scenario, because right now there is a huge demand for capital flight.
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I think Chase is trying to get in very fast, because the only differentiator working in their favor is that they basically can write whatever regulations they want and it gets rubber stamped, and the value of that situation decays dramatically over time as Bitcoin achieves adoption.
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Bitcoin may not necessarily have a traditional single S-curve hockey stick, because there are a number of completely different markets it competes for that could achieve critical mass over completely independent timeframes.
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We don't need mainstream point of sale whatsoever to support $10,000, just a small amount of Forex penetration takes you to five digit prices.
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I think a large proportion of this is bot-driven, because there is absolutely no way the EMA method is this damn good in reality.
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The crash was basically a big profit-taking dump masquerading as supposedly negative China news in order to suck in more panic sellers for the re-buy.
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This is basically a complete fluff statement from an inefficient rent-seeking business that is now obsolete, swaggering with its mouth to fool you into its continued relevance.
"We will continue to track the use of virtual currency in the market, and expect that it should comply with the same regulations and oversight that the rest of the financial services industry must adhere to, to ensure that consumers are protected."
Really?
Western Union, who the hell are you?
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