You can't compare signature campaigns to faucets as there isn't anything that justifies the time you put into faucets for the insanely low rewards you get as result. If you look at how the current price has been affecting faucet payouts (negatively of course), then it doesn't come as a surprise that even people coming from less developed countries start to see it as a waste of time. Assuming you are accepted to participate in a signature campaign, then a Member account can earn like 0.0001-0.00015BTC per post. Put that against faucets that pay you out 0.000002BTC per hour. And that's still considered to be a "decent" hourly faucet payout... There is no comparison.

It's not the first time, and definitely won't be the last time without a proper solution to this whole discussion about block sizes. I don't rule out that the increased price may also play an important role as to why the transaction volumes have increased so massively, but there is definitely manipulation going on as TraderTimm also points at. It's ridiculous that someone who is claimed to be a high level Bitcoiner that people used to look up to, is now doing everything to make Bitcoin look bad for its own benefit. Eventually he will see that it is no longer viable to continue his trolling rampage as it's just a big waste of money.

I'll admit that it's indeed odd that you always need a Trezor device in order to recover your keys (which means that Trezor indirectly is still somewhat of a central authority here), but people prefer this hardware wallet for numerous reasons. Best thing is that when you transact with people, it basically doesn't matter whether or not you run everything from a clean cumputer as there is no way malware could affect anything. I think this is what gives people an ultimate form of condince.

Their target is definitely to make newbies fall for their worthless gibberish, but I think their intention isn't exactly to trigger a wave of panic sellers that will dump the price down. I am sure they know their efforts won't have any effect in that regard. I think it's more a trolling attempt to push people into losses by making them sell at a loss, where they after that buy back their coins at premium prices. It's trolling from the lowest levels. How deep can anyone sink to try push others into losses. This is regarding kwukduck and his army of shill accounts.

That's not what I said. I was more targeting this article to be written just for the purpose of lowering the fantastic sentiment in the runup to the ETF approval data. Good thing is that the fantastic sentiment doesn't allow itself to be dented by such articles as the price is still heading up.

I think you didn't really understood what I meant when I said that it's adviced to have 2 Trezor devices. In case of one device getting corrupted (breaks), then you will have to other (clean) Trezor device, which you can use to restore the keys from the corrupted device so you won't lose anything. That's the purpose of the recovery seed. If you just have one device, you must buy yourself a new one in case your device corrupts. If you just have the recovery seed, but no device, then there is no way you can recover your keys, and thus you have nothing. Having a second device as backup is recommended for that reason.

No doubt that there were certain people with over-exaggerated hopes that the block halving would result in a price far beyond what's possible, but these people only thrive on unrealistic hopes and fantasies. If you look at how the price increased in advance of the block halving, then that already was a more than enough increase for that time period. People hoping for more are just clowns.


People mostly focus on happenings when it comes to price increases, and in this case it's well justified since the potential ETF approval is quite an important happening. But it's a fact that Bitcoin isn't a get rich quick tool anymore, which is exactly why people need to stop treating Bitcoin as such. From this point every price increase will be a heavy one - the higher the price goes, the lower the eventual increases will be in percentages.

Some times I get the impression that you have so much in common with kwukduck, but you seem to be a whole lot less rebellious. Price is climbing as people are anticipating on the ETF that may or may not get approved next month. Until that day I am sure that we'll keep seeing the price increase to perhaps $1200 and who knows a tiny bit higher. In case it does get approved, you'll be finding yourself in a bad position since your shorts have been timed inappropriately. Only time will tell...

It's pointless to complain each time mempools are stacked, because it's a certainty that it will happen again, again, again and again. Nothing will be done until the egos of certain pools are being put aside, where they start signalling support for Segwit. It's either to include a proper fee according to the situation so your transaction gets confirmed within a block or two perhaps three, or simply don't complain.

Nothing undermines Bitcoin. Bitcoin will always function how you want it to function. This ETF is nothing more than an entry point for high level investors that were avoiding Bitcoin previously. It won't change anything in how people use and see Bitcoin. That being said, due to block halvings pools will more and more depend on income through fees in order to make it worthwile to continue mining. It's inevitable that the currency aspect will play a less important role as it basically doesn't offer anything over what fiat is offering. Especially when you look at how fiat related payment and banking platforms have been improving.

The recovery seed (which happens to be a long string of all kinds of words with a space in between each word) is some sort of a master key that includes all your private keys. In order to put your recovery seed to action to gain back access to your coins, you must do that in combination with a Trezor device. Without a Trezor device it's not possible to make use of the recovery seed. That's why it's adviced to have 2 Trezor devices, where 1 functions purely as a backup wallet.

Point is that people don't believe anything that comes from Bitfinex anymore. It's a sensitive spot as people have not forgotten yet what has happened. Back then before Bitfinex announced they were 'hacked' they went offline a couple of times. If the website is inaccessible, then it will bring up bad memories for a lot people here. Another possibility might be that an entity is trying to scare off people by taking down Bitfinex and then to push fake news articles into the net to get the price down. People will do everything to get the price down.

The amounts basically doesn't matter if you purely look at how Bitcoin can function as store of value. However, if you move large amounts of money to an exchange for example, it may raise suspicions in which the exchange may force you to hand them over whatever proof they think is needed to verify it's not money coming from criminal activities for example.


Risk in using Bitcoin as store of value comes from the volatility side, and not from the fact that Bitcoin has a limited supply. Limited supply is an advantage and not something to fear.


Uh, since you somewhat understand that the risk comes from the volatility side, I don't understand why you mention the limited supply of Bitcoin?


It could, but we are not in 2013/2014 anymore. With that I mean that the market is maturing, where the further we progress, the lower the chances are that we will ever see such insane dumps again. And what do you mean with 'as long as Bitcoin is not yet adopted evenly'? If you're referring to that wealth in Bitcoin should be more evenly distributed, then it's nothing more than a fantasy.

There most likely is; you just put the signature on, and then type in your UID -> https://bitmixer.io/signature.html It will tell you whether or not you got accepted, or that the campaign is full.


You can post as many times as you want, but it will only pay out 50 posts per week (assuming they are in for payment eligible sections).


This campaign requires you to post in several sections of the forum instead of only in one or two sections. It's basically to give Bitmixer more exposure throughout the forum and prevent people from posting everything in one section for the sake of easiness.


It just depends on the quantity of your posts there, but Lauda is the one that checks the posts from each user. If he considers that it's fine, then you are good to go. But just in general, prevent to make the majority of your posts there.


Only thing you have to do is fill your UID in the signature page, and that's it. https://bitmixer.io/signature.html

Those behind the service that happens to calls itself a Bitcoin bank.


By those behind the service that happens to calls itself a Bitcoin bank.


More competition between services is always a good thing for the customers. It forces these services to up their game and improve where needed in order to not fall behind. As long as it benefits the user at the end, then it's of course not 'useless'. It's basically the same when it comes to regular banks, it's not useless to have more options to choose from.


It is not, and never will be.

Institutional investors have a hard time to take positions into Bitcoin worth multi millions without ETF's at this point. Current exchanges are not an option for them, peer to peer trading isn't that convenient either when it comes to multi millions. That's why this ETF comes handy as this will help attract money that we need to push the price to the next level. On top of that they get what I consider to be a fake level of feeling secure due to the SEC "guarding" the market.

Bitcoin is nothing more than an alternative to fiat and other assets, what's so difficult about this to understand? Nothing beside the governments themselves have the ability to force through changes, and perhaps even replace it (which I don't think will happen in the coming decades). In order for Bitcoin to at least make a chance to reach mass scale adoption, it at least has to perform well as currency. Exactly that is something that it doesn't do (in the way that it doesn't outperform fiat when it comes to the currency aspect). Why would the average people then ditch their fiat currencies and hop over to something way less convenient as daily payment tool? Doesn't make any sense.

Current price and sentiment are partly being driven by the ETF that might get approved next month. It's a big deal if it turns out to get approved since this might be the thing that we needed to bring institutional investors on board. That's why I expect the positive upwards movement to continue till March 11, where after that we'll see what the outcome is. If the ETF gets approved, we may see a decent peak at that exact day, where after that we'll continue going up like we have in the last days. If it doesn't get approved, then I expect the price to dive below $1000 again.

It's utterly stupid for anyone to pump large amounts of coins through a mixer. The blockchain is basically an open book that everyone can look into at any time. I am sure that there are several agencies scanning through the transactions every day in the hope to discover potential black money trails. Those that at least understand how not anonymous Bitcoin really is, will always prefer to mix their coins in very low quantities and in a very slow manner. It's a very time consuming procedure, but it at least lowers the chances of you raising suspicion.

Everything has a certain risk involved, but it's simply impossible for Trezor as company to just discard the recovery seed and rely only on the device when it comes to the security. If something happens with the device, and can't get repaired, then the coins are gone, so something has to be done to recover your coins. Otherwise people won't bother to buy it, which I can of course understand. I would never put my entire trust in a single device that at any time could corrupt or just stop working. Once set up, the advantage is that you can use your device to transact with others without having to worry about any form of malware and stuff. As long as you just stick to writing down the recovery seed on a piece of paper, and hide it somewhere (offline) so that no one other than yourself can find it, it's probably one of the best security measures.