“Italy’s banks are struggling under the weight of a 360 billion-euro mountain of bad loans, a plight that has eroded profitability and undermined investor confidence. The nationalization of Monte Paschi could be followed by rescues for lenders including Veneto Banca SpA and Banca Popolare di Vicenza as part of the government package.”
This is what you get for toying with fictional money and lending it to people. Creation of money from thin air & economy based on debt is not sustainable in the long run. I am waiting for the day when general masses will realize that and withdraw all money from banks. It will be the day Bitcoin will reach 6 digits.
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You win. Prior to the advent of Bitcoin, I can't source a single instance where people of the world were taken advantage of on the Internet.
If this is not sarcasm, then I though you are old enough to know this better. Internet scams are nothing new, and certainly didn't start with the introduction of cryptocurrency. There were purchase frauds of all kind, we had counterfeited postal money orders used to commit online fraud, online auction scams, PayPal frauds, call tag scams and MANY, MANY more scams. Just read this article: https://en.wikipedia.org/wiki/Internet_fraud
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If you are using Multibit HD then no one owns your bitcoin bu you. Your private keys are stored on your machine. So unless your device will got hacked or you decide to share your keys with someone - you are sole owner of your BTC. Your fee (0.0001 BTC) is too low, for this transaction to be included in the next block fee should be roughly 0.0004. (41030 satoshis to be exact)
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This community is poisoned.
You are missing the point here. It is not bitcoin community. It is the human kind, people are poisoned. Money is root of all evil. And humans would do anything to earn money. Bitcoin, or cryptocurrency in general, is just a new tool for them to achieve that. When there is profit on the line then you will see scammers, cheaters, thieves waiting to rob you. We need to accept that this world is not ideal place - just don't blame our inventions, it is humans who misuse them.
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So, its been almost a week when I learned that Qtum's whitepaper is being edited and will be released shortly. I read though this ANN's opening post today and I still don't see any info about it. I missed it? Any updates on this?
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Bitcoin's price is destined to rise because unlike other fiat currencies BTC is predictable and has limited in supply. So with limited supply when bitcoin becomes more popular demand is rising and price is increasing as a result. There are also couple more factors to consider: - bitcoin is still a technological novelty, adoption is till in its early phase - bitcoin is not based on debt - bitcoin is not controlled by central authority, government or institution With bitcoin we can avoid something like this: https://en.wikipedia.org/wiki/Dollar#/media/File:Zimbabwe_100000000000_Dollars_Bill_2008.jpg
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Maybe Trump is not the best person to become a POTUS, but Hillary is rotten to the core. Whole Clinton clan is nothing but Muppets of Wall Street/Big Banks/corporations they were/would sell of everything. At least Trump is rich to the point that no one will be able to bribe him. Don't be sore losers and cry that Trump won despite less people voted for him. Electoral system works like that.
Wait for him to actually DO something, then we will comment his actions, evaluate and judge him. So far he didn't do anything.
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The more I know about this PBOC intervention the more I like it. This is actually a great move from their side. I have some idea that trading in China was so speculative but they were mainly based on margin operations, trading with borrowed money is a dead end. Trading volume will drop but it will be real this time = less price volatility and more stable price. Hopefully.
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I assume it is only for people from Belarus as you would like to advertise and develop your local crypto community. Piece of advice, we have local sections on bitcointalk. Try to share this announcement in Russian section as well (I am not sure if we have specific Belorussian section) https://bitcointalk.org/index.php?board=10.0
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In fact, it is possible for someone who is successful in a good network marketing business to earn millions of dollars. But most people in MLM companies can not make money. Not all MLM companies are fraudulent. But most MLM companies use the ponzi system. MLM firms that use the ponzi system are fraudsters.
It doesn't matter if there is 1 of 10 MLM company which is legit. This whole market is filled with exploits and is based a controversial, pyramid-shaped marketing strategy. Do we really need something like this associated with Bitcoin? In the end it will only build fake assertion that Bitcoin is good only for fraudulent schemes like MLM payments.
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Trump is a successful entrepreneur, billionaire and business man. I think he understands markets more than any professional politician from Washington, certainly better than Hillary, who sell off herself to banking industry/Wall Street for their money and support. Liberal media is presenting him as unstable individual who will create chaos, but don't you think we are already on the way to perdition?
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From what I know jammed MemPool was never responsible for any price drop. I remember that during the the biggest bullish trends MemPool was always ridiculously packed. Bitcoin is now sitting at $900, Chinese crisis is probably over, so IMO it is a waste to cash out now. Wait when we will reach $1000.
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Nothing, he did nothing yet... Still the actions of his so called opposition is speaking volumes... against themselves! Like those of an elder retreaded lip sync italian artist...
I remember when Obama became a president of the United States he received Nobel Peace Prize, just like that. What happened next? Our Peace Nobel winner dropped over 100,000 bombs on people. So don't judge Trump now, give him a chance to actually change and do something. Then, if he fails, bash him.
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How it is expensive to run a full node? You can use your machine, do whatever you like, and run a node on top of that. You don't have to do anything special. The only requirement is downloading whole blockchain and keep your client running for 6+ hour a day, it will run on mediocre hardware...
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+ $100 in a week and holding, impressive. The Trump effect ? Still not sure on that but he definitely had an effect on the stock market hitting new highs across the board It's Trump or not but the BTC is over $900 now and it looks like it's not going to fall below that mark. I'm sorry for the people who were selling their coins at $750 thinking it will go even further down in the future. Trump has very little to do with forming of current bullish trend. US fiscal policy is not changed since he became a POTUS, dollar was and is it still weak. Chinese traders are forging bitcoin price. It is simple that they realized that FUD about closing exchanges/banning bitcoin and introducing draconian laws is now over.
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a) He cares about his privacy a lot. b) He has some mental issues and is scared to reveal anything about himself. c) He was forced (by some government, ...) to not reveal his identity and pretend he is not active. d) He is dead.
I will be very pleased if he posts just one message on this forum. I know it won't help Bitcoin at all if he reveals his identity. However, I care about him as a person. I just want to know if he is alive.
From the hypothetical reasons you mentioned a) and d) seem to be the most possible scenarios. I don't believe that he was force by someone to leave, at the time of his disappearance bitcoin was not big at all, it was minor project, and BTC was worth fracture of its current value. Someone would have to be a clairvoyant to force satoshi to leave at that time.
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Pononiex was hacked in 2014. They lost around 12% of its Bitcoins so their reputation is not as pristine clear as many of you think. Focusing on security and transparency ought to be top priority, this field is still neglected by many, even biggest cryptocurrency exchanges today. The best slogan for new exchange which will try to compete with Poloniex should be: "We were never hacked"
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I am not a fan of government interventions, they suddenly will try to label everyone using cryptocurrency a potential criminals.
They want to introduce pretty harsh wallet regulations: "All countries are advised to regulate Digital Currencies Exchangers and Wallet Providers under their current Anti Money Laundering".
If that happens then era of online wallets will be gone.
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Not investing in bitcoin when it was 200$ is really regretable now that it reached 1000$ in price.
You can say that because you know what happened with BTC. We all are very smart now. But as far as I remember back when bitcoin was worth $200 it wasn't that clear if this project will gain more momentum. Back then people having the same issue: "what if I pay $200 for 1 BTC and tomorrow this "virtual currency will be gone, banned or devaluated to $20"? We can assume, knowing bitcoin history, that current price is not the end of price evolution of BTC either.
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Trump is expected that he would show interest in Bitcoin.It is said that he has appointed a bitcoin supporter in his cabinet.But bitcoin progress is not dependant on trump. It is a universal currency now and i think no one could bring any impact on bitcoin.
It is expected of him? No, no, no. It is far fetched assumption Trump won't say anything about bitcoin and definitely won't promote BTC as better currency than dollar is. Admitting that bitcoin is good would mean that Trump failed to assure dollar's dominance. So far known supporters of BTC working for Trump are Mick Mulvaney congressional representative from South Carolina and Peter Thiel, an investor in Bitpay who is now his adviser.
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