Mastercard and Visa are no more competitors to bitcoin than a car is to a girlfriend. Initially the guy and his car are a happy duo, but one day a woman comes into his life. "WTF is this bullshit!" screams the car. "You can't just ditch me for this bitch; who do you think you are?" "You don't understand," the man explains. "You are just a vehicle, and this is a new reality of my life now. We will still use you, assuming you remain useful, but this new facet of my life will change how you are used. I can't fall *out* of love with this woman just because you're unhappy about it." The car was mad  but it knew there was no way to ultimately win this battle, so it settled for transporting the couple regularly after that. Sometimes it even transported the girlfriend by herself. Beautiful analogy!  I LOLed very hard! So beatifull it's /r/buttcoin worthy, right? Too bad I don't have a reddit account. |
|
|
|
This shit:  ...is going to blow up in everyone's face at some point, and it will inevitably be blamed on crypto / Bitcoin itself, whether that's justified or not. That said, for now, there's plenty of additional buying pressure, part of which might be due to the above activity, and that's going to influence price. Just as before: whether one likes that or not. Simply put, there are not 'good' or 'bad' trend factors in a narrow sense of market analysis. Summarizing, a) I think something like MMM is absolutely vile (and I wonder why Facebook isn't shutting that community site down); b) the people that fall for it shouldn't be ridiculed, but educated / convinced that it's a bad idea to particiapte; c) an uptrend is an uptrend, even if it's influenced by less than brilliant reasons. I did some youtube searches and found out that Sergei is very good at creating cult like followings for his schemes. He was invited to talk shows and people seem to find a statement like "I wouldn have become president if it weren't for the government shutting down MMM" acceptable. Crazy shit. |
|
|
|
Deprecated assets can bump too. Guess what has a doomed future but is about to go high again? Exactly, oil.
The markets aren't rational. The only thing we know is, Bitcoin is programable money, and only what's programable and can evolve with times will be sustainable and have real growth. Even if all markets are manipulated including Bitcoin, there are higher reasons to believe in the future with a Bitcoind mindset than a oil or Visa mindset.
I don't know man, I find that approach pretty optimistic. Assets that are "doomed" don't usually reach all time highs in the way there. I might be a pessimist, but with Russia looking to ban bitcoin transactions related to FIAT I feel like bitcoin's market has a total disconnect from the real world. Some Chinese exchanges are also pointing out that their recent increase in traffic could be related to a ponzi scheme, which I think is exaggerated to a big extent but can't be 100% fake. |
|
|
|
|
It's surprising to see that this game is still running. I used to play there because of their generous faucet.
I don't see the game being discussed much here lately. It's like people forgot about it after 2013 fr when Is see threads were posted about it.
How does this game hold up today? Does it even have enough balances to support such withdrawals?
|
|
|
|
|
I'd say that content creation is good for this but it's not for everyone. If you're a designer or writer you could find a stable gig. For example providing artwork daily or writing articles on a daily basis. Some times it takes more than 5 hours though and some time less. It's not easy to find interesting topics while creating something every day, but it pays off. It does take skill to make decent money though.
|
|
|
|
Didn´t they wipe out some pesky bean counters there at the Pentagon on 9/11?
On 9/10, 2001, they announced that they couldn´t account for over two trillion dollars but that was soon forgotten of course. And it has totally ballooned since.
Funny isn't it? People think that this is part of a conspiracy theory while it's actually reality. The statements did take place, the unfortunate time doesn't make them less reliable in some way or another. IRC they later tried to clarify this by saying that they weren't being able to account for that sum because of incompatible payment means. |
|
|
|
http://www.reuters.com/investigates/pentagon/Because of its persistent inability to tally its accounts, the Pentagon is the only federal agency that has not complied with a law that requires annual audits of all government departments. That means that the $8.5 trillion in taxpayer money doled out by Congress to the Pentagon since 1996, the first year it was supposed to be audited, has never been accounted for. That sum exceeds the value of China’s economic output last year. source: http://www.reuters.com/investigates/pentagon/#article/part2
|
|
|
|
As someone asked earlier, isn't the blockchain going to be enormous if FAI becomes popular? Is there at least some concept for how to deal with this, or is the price of posting going to rise enough to discourage casual use?
Depends on what you would consider a solution. A simple solution to make transacting FAI more accessible would be creating a client that would still have wallet functionality without having to be a full node. Having full access to FAI's features without having to store the blockchain would be more tricky though. Since FAI is something new, it's not like someone could just alter the code of a lightweight bitcoin wallet and create a "lihtweight" FAI client with all functionalities so simply. |
|
|
|
|
In case you didn't get the email, coinut is upgrading to newer servers to manage the increase in traffic.
|
|
|
|
|
I threw some bits their way the other day to play around and seems like they're processing transactions instantly with no fees. This isn't really the best tactic as fees are often larger than the amount transacted to the address. My transactions serve example of this. :p
2ac7c015ef488018390c34b6006b83e991319a765dc006dcce75cf74f87af259
75752b98f9b448aa7a65e8f74c994971c6537585c5000bf36717f8585cd394d2
|
|
|
|
|
Didn't you hear? Willy has been reincarnated. This time he's working from Chinese, unregulated exchanges with zero fees.
|
|
|
|
|
When satoshi left, it was unclear what direction bitcoin would take. The value of bitcoin wasn't as significant as it is today, daily volumes were petty, scamming was not the business it is today. Due to the lack of traffic back then, there weren't many bad apples. But even for the few back then, satoshi did a good job at ignoring them. Perhaps you could to the same. There are other things that would help improving bitcoin's image more, like for example not inviting scammers to edit the bitocin wiki. Aside of that, I think that it'd bee good if the forum remained up and running with minimum to no censorship.
|
|
|
|
|
I think that this forum has drifted away from being a regular forum. Bitcoin communities and openness aren't things that go together, look at any bitcoin community and you'll see what I'm talking about. It's not just bitcointalk, we might be a little worse or better than others but not much different.
It's like people become hostile and disconnected when posting here. The reason behins this might be simpler than you think though, it's a forum about money. Scams involve money, so you see where this is going. Bitcoin on it's own, isn't the easiest thing to comprehend. When you become part of a community that is already familiar with it, it takes some gettin used to to realise how the inner mechanisms of this community work. It might seem unappealing or even hostile to outsiders but if people are going to use bitcoin, it isn't the community that will turn them away. If somebody thinks that a more 'friendly and welcoming' community would help bitcoin adoption, then feel free to create your own "bitcoin safe space" and apply draconian censorship to keep out anything that might hurt somebody's feelings.
|
|
|
|
Feel free to request edit privs and edit the wiki yourself. Or, remove the privs from the abusers. Giver that edit priviledges in bitcoin's wiki are invite only it should be easier to prevent things such as edit wars and attempts to promote scams through the wiki. |
|
|
|
|
Seems like many people are replying to this topic only by reading the title... Come one guys, put a little more effort into your posts and read about what you're posting. Paypal is no longer "blocking" Greece, this is an old post.
|
|
|
|
Some say it's good for opiate withdrawal
I just recognise, that bitcoin is used for grugs trade, but are You thinking, here are users of heroine? This is a forum in the clear net and advertising illegal items here is not permitted. But I wouldn't find it unlikely that someone that found out about bitcoin through drugs ended up here. The silk road case gave bitcoin a lot of publicity. We just don't end up getting much discussion about it here. Kratom however is legal in most of the world, only 3 countries (and 3 US states) have outright made it illegal. |
|
|
|
|
As soon as I saw 99bitcoins there I knew what was going on. The website is riddled with advertisements, affiliate links to ponzi and pyramid schemes and links to faucets. Their affiliate marketing involves reeling newbies into believing that bitcoin is an exchelent money making machine but the only one that ends up profiting in the end is them, the owners of this website. Because really, their source of income isn't affilate marketing, they wouldn't have seen any income if it weren't for their website. And to be honest, it isn't a website that started from zero. Significant amounts of money were invested into creating it and it was likely running on lose for some time but that's what they don't want you to know. They want you to think it's all great and pay them €215 more.
|
|
|
|
|
Show Posts
