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The word disrupt cannot be followed by bank. It is an oxymoron that banks are going to disrupt anything. I don't see a single bank using a true decentralized blockchain. A centralized blockchain is just a regular ledger. This thing is getting out hand. All those idiots need to learn that the aren't doing anything new. But then again im sure they know that and just want to make average joes think they are all being revolutionary.
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If you buy 100 coins and hold it for 10 years, they will disappear from market for 10 years, thus make the supply decrease by 100 bitcoins
That is simply not true. Neither the money supply nor the market supply decreases when someone holds coins. If someone offered you $100 thousand or $100 million for those coins, would you sell them? Yes, so they are still counted as supply. Only if you destroy the coins would they be removed from the the market supply and the money supply because could never be sold or circulated. The supply is simply fixed, I don't see how people don't get this. Just look at the halving graphs, that's the inflation %. Then consider the lost Bitcoins, and you subtract that to the total supply. Pragmatically, by about 2025 the inflation (new Bitcoin released into the market) will be way lower than it is now. In fact lost bitcoin rate will be higher, therefore it will just feel deflationary. If the demand has been increasing price should be way higher than we can imagine as a sane prediction now. |
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I had invested some pennies at bitcoin and i had returned the fiat to my account soo now all earnings are my profit from my investment made on that time,and signature.If this could happen i would be pissed but i would sell for low value for sure.I consider bitcoin the next gold investment.
selling your coins for such a low amount isn't worth it. the price will rebound at some point and you'll end up being angry at yourself for selling. This. The fact, everyone in here that isn't holding long term and by long term I mean at least 10 years, IS going to be angry at themselves at some. Eventually, it will just go higher than you ever imagined when you sold, and you'll be severely pissed off at your past decisions. This is why im not going to sell any unless I really need the money for something really important, otherwise it's all stack and hold all day everyday. |
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Andrew Haldane said one solution would be for the Bank of England to issue a state-backed digital currency based on bitcoin. Supporting this initiative would be a negative interest rate levied on paper currency relative to the digital currency, with these measures do you think there is more possibilities that sometime:
Paper money will be banned entirely?
How long do you think that happens?
would it work?
What security and privacy risks would it raise?
And how would public and privately issued monies interact?
Paper money will always be around. It is too essential to do away with even with digital currency. I honestly don't see a modern society where people are still trading papers and money. I think it may still persist in a couple of decades, but it will be something only nostalgic people and hipsters use, such as using vinyl instead of digital where there's no excuse anymore to not use digital because it simply sound better. Similarly, Bitcoin will be so good up to a point that there will be no excuses to not use it instead of outdated fiat money. |
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You can use Bitcoin as almost anything. You can do very small increases or decreases per pip because of its high divisibility. Of course this is limited by the exchange's fees. The higher the fees the bigger margin you need to make profit. I would do some demo with fake money first. You can play with fake money in some forex exchanges as training, not sure if such a thing is out there in Bitcoin.
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I think I worked for for a short while on the signature campaign a couple months ago. The exchange looks nice and solid, the layout is pleasant on the eyes (even tho it was a bit too bright for me, I like to trade at night and I miss a feature like the night mode for Poloniex). The fees seemed reasonable. It may have changed now. I was a bit annoyed by the forced 2FA auths tho.
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As I know it is easier to earn with signature campaigns. It takes hard labour but still great payments overall. You know, there is no such thing as free-fast money. if you wanna earn money you need to spend effort.
earning from signature campaigns is free way to make Bitcoins, but it depends with the member's rank , the campaign rules, need time and effort like the other jobs, and also need some knowledge about bitcoin There's nothing free about it. To get paid you need to comment, and to get any decent amount you need to make enough comments. To make minimum wage, you would need 400 posts per month depending on your country. That's insane in my book, it takes a lot of energy to keep a good posting rate. So you are trading energy and time which converts in money, therefore not free. |
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What do you mean appstore? Like Google apps but you can pay with Bitcoin? I think this is more interesting than yet another exchange. We've got tons of exchanges already, so unless you want to provide people an incentive to use your exchange, they will keep using whatever is existing out there already that has the most volume and the least regulation as possible.
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If I'm willing to pay a premium for stacks of old USD's that don't have trace amounts of narcotics all over them, have I thereby broken the fungibility of cash for everyone?
Well I think its way more obscure with cash. With Bitcoin there is a global ledger, which is cool, but it introduces problems such as fungibiltiy or lack of it. Therefore, we need increase anonymity. We can't end up with Bitcoins that are more valuable because they are "fresh", this misses the point of fungibility. |
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Not a documentary, but the movie Dope just came out and Bitcoin is all over the place. Im going to see it soon. It seems it has gotten some hate by the community because it portrays it in a negative way (related to selling drugs) but I think it's actually a cool way to maker it amongst to youth, because they see it as something edgy and "underground". The internet was like this when I was young.
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A Hero member could make it. My current campaing pays 0.014 for a Hero Member. Unfortunately, getting to Hero Member is extremely hard. You need to be active for more than a year, around 1 year and 5 months, thats 490 activity points and have your account in good standing. You could try to buy one as an investment. I presume Hero Member accounts will get only more valuable in the future.
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@traderbit & @Raimonn & @n2004al accept
@troy112 & @Coinbuddy sorry I can't accept you
@AtheistAKASaneBrain you must put coinut signature then re-apply
Posts: 1555 (including this one) Activity: 406 Position: Sr. Member Coinut username: cooldude |
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@Snail2 & @ poordeveloper
You both are in !
Why I didn't get in? i have been trying to get on this campaing since september.. https://bitcointalk.org/index.php?topic=992660.msg12511121#msg12511121Hi, PM me in case I get accepted so I change the signature.
Posts: 1552
Activity: 378
Position: Sr. Member
Coinut username: cooldude
Please let me in, I said I wanted a spot when there was spots left but got ignored. All campaigns I've been said I was a good quality poster. OP should update the spots available, it always says 11. |
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Hi, PM me in case I get accepted so I change the signature.
Posts: 1552
Activity: 378
Position: Sr. Member
Coinut username: cooldude
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I didn't notice this before but your sig are outdated. I remember OP said that you won't get paid if you don't update the signature. I have been wearing the same signature for ages and got paid everytime. Has anyone in coinomat got payed yet? its 2 days late now and Im scared can't change my signature to go to another campaign until I get payed here. He has already sent out payments, but you are using the old sig. He might have been still paying you since you were a good and active poster, but is probably not paying this last one since you still have the old sig. That seems like a bs not to pay, specially when both signatures link to the same site. I will try to solve it pm'ing OP. |
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umm. hey. I just tried switching to coinoindex after coinomat was closed and the bot started counting my posts with no problem. should that happen?
Coinomat ended on day 21 and coinoindex ends today, those were the last payments and i still didn't get payed in coinomat. |
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I didn't notice this before but your sig are outdated. I remember OP said that you won't get paid if you don't update the signature. I have been wearing the same signature for ages and got paid everytime. Has anyone in coinomat got payed yet? its 2 days late now and Im scared can't change my signature to go to another campaign until I get payed here. |
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If it reaches to 1 Million $ tomorrow I will cash out and will be millionaire for sure.I will start shipping company to offer services for trading purposes.I will not wait to convert all my wealth into fiat money and I am waiting for that day.
Dumping 100% of an asset is always a stupid idea specially with Bitcoin. Do you trust the dollar and the goverment that much? Its your choice but if I would keep some on gold and Bitcoin. Going 100% on dollar is simply insane to me. |
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