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781  Bitcoin / Bitcoin Discussion / Re: Online Shopping with Bitcoin on: July 05, 2017, 01:41:31 PM
Introducing the First e-commerce shopping platform and market place that accepts only Bitcoin

Coin Easy Buy is the first ever online shopping store for Bitcoin Users with millions of products in stock and variety of sellers across several retail categories.
Coin easy buy offers products ranging from home appliances, Electronics, Trendy gadgets, Footwear, Furniture, Fashion and accessories for men, women, kids and a whole lot more.
Best prices for high quality products are guaranteed and delivered promptly. You can enjoy hassle free shopping experience, knowing that the product you are buying is of high quality.
Coin easy buy assures customers of a safe, consistent and an outstanding online shopping experience while giving them value for their coin.

Official website:  www.coineasybuy.com


You have got a nice seller platform there, a wide variety of categories to choose from. The site is not fully launched yet, worldwide delivery, guess it varies from seller to seller.

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All payment are made in the USD value of bitcoin, both from the buyers and sellers
.

There might be sellers who would prefer to receive payments in BTC.

You are based in China, but what is Islamic store directory?

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If you have a query relating to a specific product, please contact the seller by visiting the sellers Islamic store page. You can locate the sellers store from the product page or by searching for the seller in the Islamic Store Directory.

Bitcoin needs more platforms like this. Good luck with your website.
782  Bitcoin / Bitcoin Discussion / Bitcoin Is Not A Democracy. Then What It Is? on: July 05, 2017, 06:43:23 AM
According to Antony Antonopoulos, Bitcoin isn't a democracy, some people call it cypherpunk or crypto-anarchy, https://youtu.be/TC3Hq76UT5g

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I don't think Bitcoin is a democracy - rather it is a flat, network-based, collaborative system of super-majority consensus among five constituencies (users, developers, exchanges, merchants, miners), which makes change very difficult. It is a radical decentralization of power. Some people call the politics of this system "cypherpunk," "crypto-anarchy," and other words we don't yet have.

Is bitcoin a meritocracy?

It is holding of power by people selected according to merit. They wield the power.

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Rodolfo Novak: Bitcoin is a true technical meritocracy. Cry/Kick/Scream as much as you like, but if your shitty code & ideas aren't good they wont make it

Is bitcoin a plutocracy?

It is the holding of power by the wealthy, elites.

Is bitcoin anarchy?

It is absence of government and absolute freedom of the individual, regarded as a political ideal.
783  Other / Off-topic / Re: punishment for rapists on: July 04, 2017, 04:15:42 PM
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In India for the past few years there are many rape incidents happen and there are no safely young women in this country.
The rapists are not even punished and are left freely. I do not know how will the victims lead their life after such incident has happen in their life. In some countries, the rapists are let off freely if they marry the victim. In some countries, the rapists are given death sentence.

According to you, what can be the best punishment for these rapists so that no one else should think of raping a women. I like the punishment which is given in most of the Muslim countries - hanged to death in public. Do you think that this is fair or they should marry the victim???

I don't agree with setting India as an example for rape incidents. Yeah, a few rape incidences in the past were indeed brutal and heinous, should have never happened. If you look at the stats Africa leads with the highest reported rape incidents.

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Reported rape rate of 1.2 per 100,000 in Japan, 1.8 per 100,000 in India, 4.6 rapes per 100,000 in Bahrain, 12.3 per 100,000 in Mexico, 24.1 per 100,000 in United Kingdom, 28.6 per 100,000 in United States, 66.5 per 100,000 in Sweden, and the world's highest rate of 114.9 rapes per 100,000 in South Africa.

https://en.m.wikipedia.org/wiki/Rape_statistics

If you go by the stats no women is safe in any country.

Now as far as punishment is concerned, most rapists get away with a maximum of 7 years in prison. In rarest of rare cases capital punishment/death penalty is carried out. The rapists know they can get away easily, no fear of consequences and that is why castration law should be adopted by each and every country, not chemical, but surgical castration.

Next thing is stricter laws should be enforced when a juvenile is guilty of rape. Guilty of rape at 16, free at 18, this has to be changed.
784  Bitcoin / Bitcoin Discussion / Re: Bitcoin is working fine! No change needed! on: July 04, 2017, 03:09:27 PM
Bitcoin has proven, that it is works fine, even through times of different attack modes (FUD, spam, patenting, +, XT, RV, CW etc). I don't think we have a pressure to raise the blocksize or to force the mass adaption. We don't need no SegWit to make Bitcoin great again, because it is already. Give this baby time to grow, folks.

The current decrease in fee could be attributed to two things.

1. Spam attack stopped.

2. If you look at the stats bitcoin transactions volume has decreased in the last few days, most probably users have started storing their funds offline because of August uncertainty.

Yeah, today bitcoin transactions are getting confirmed with a low fee, but there is always a possibility that spammers would get back to their job sooner or later to manipulate fee or just to push their propaganda and then the same high fee drama would start again.

Second thing, the whole Segwit, BIP 148, and Segwit2x has already created a lot of uncertainty in the community and everyone is getting prepared for it so stalling it further would make the situation worse.

I came to read about Schnorr signatures, maybe this can help combat spam attacks. It was never if bitcoin needs to scale, it was always when and now would be the apt time.
785  Economy / Service Discussion / Re: Crowdfunding/donation sites that accepts Bitcoin? on: July 04, 2017, 01:55:50 PM
Do you have any idea what legitimate crowdfunding sites/sources who accepts Bitcoin currency?

I want to share my own heartfelt reasons for creating a campaign in crowdfunding sites.

I'm planning to create a campaign for my mom's treatment in her Alzheimer's condition. After forcing her to retire from work due to continuous stress, something strange happened to her. She asked one of her colleagues like 8 to 10 times about his new number. We observe her and she forgets about our recent discussions after 5 to 20 minutes. My father, sisters and I don't want my mom's Alzheimer's from getting worse for years to come.

The meds that her doc prescribed wasn't preventing her Alzheimer's from getting worse. In other words, it's not working at all. It's a degenerative disease but it can be prevented for some ways. I already know what nutritional safe products that could help prevent her Alzheimer's from getting worse (since I got some few testimonies from my friends). The problem is that I want to enter her in a program seriously by taking these products to make this fully work, and it cost us a lot. Our finances aren't good enough to maintain for her program.

For her maintenance cost, it's around $300/month for the full program. She'll be taking maximum doses per day with no side effects and ain't harmful for her kidney and organs. I shared this program to my mom's doctor to analyze it, and he approved.

Aside from creating a campaign for my mom, I'm planning to create another one which is "charitable".

In my area, there are so many children who are malnourished and can't afford to spend money for prescribed meds. I was planning on a mission to distribute at least 100 or more Usanimals (chewable vitamins for kids) for each family member. One Usanimals cost around $23 per bottle (56 chewable tablets inside). This vitamins alone will help children ages 1-12 to become healthy and prevent from being undernourished. I have testimonies coming from my few colleagues regarding this children's vitamins alone.

Can anyone suggest any Bitcoin-related crowdfunding site that is best for me to start my campaign? Thanks in advance!

Maybe you can try, https://bithope.org

BitHope is a bitcoin crowd funding website for charity in Europe so they might have some restrictions on accepting campaigns outside of Europe.

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The BitHope Foundation is the first Bulgarian non-governmental organization (NGO) in the public benefit that uses ONLY cryptocurrency to accumulate funds for the campaigns that are hosted on the BitHope.org platform. What the Foundation and the platform do is actually convert your bitcoins into tangible good for the people, animals, and the environment.

Currently there is a fundraising campaign running on BitHope to create a friendly place for children and young people with diabetes. So I guess they would accept your campaign for raising funds to distribute USANA to malnourished children.
786  Bitcoin / Bitcoin Discussion / Re: Whats going to happen to bitcoin in the coming months? on: July 04, 2017, 12:39:04 PM
Can someone please clarify what will happen on August 1st? Will there be a soft fork or hard fork on that date?
What is Segwit 2x and BIP148?
MASF, MAHF?
What is this manipulated mempool data?
Where do I checkout the signalling status? Is it like that previous litecoin reaching 75% status and needs to be locked in for 2 weeks?
Also what's happening in mid-November im hearing?

1. Segwit2x is Segwit + 2MB hard fork which will activate Segwit, while BIP 148 is User Activated Soft Fork which is also for activating Segwit. Segwit2x will start signalling on July 21 and BIP 148 on August 1. If we go by current majority then Segwit2x would activate Segwit before August 1 so BIP 148 most probably would not be deployed. If you are wondering about a chain split in August then it is very less likely going to happen.

2. MASF, Miner Activated Soft Fork, MAHF, Miner Activated Hard Fork. Both these are forks activated through miner signalling, not like UASF, activated by flag day or node enforcement.

3. Mempool can be manipulated by spamming, dust transactions, done by some crazy miners to manipulate fee.

4. https://coin.dance/blocks, currently undergoing maintenance

5. Once Segwit2x activates Segwit, first part is over, the second part is 2 MB hardfork which would be around November (90 days after Segwit activation).

One way or the other Segwit would get activated by August, but nothing concrete could be said about HF at this point in time.
787  Bitcoin / Bitcoin Discussion / Church of Bitcoin on: July 04, 2017, 11:38:29 AM
I don't think everyone knows that the Church of Bitcoin has 11 commandments Grin

1. Praise Satoshi.
2. Honor the blockchain.
3. Thou shalt not fork thine own family.
4. Keep the network holy.
5. Thou should not covet another man's wallet.
6. Do unto others as you would have them DDoS you.
7.Thou shalt not swear unto another man that thine payment hath not been received until all of the blockchain hath been downloadeth.
8. Salt thine passwords.
9. Hack thine planet.
10. Keep thine woman, Bruces and Atlases in separate camps if they are unclean.
11. Troll harder.

https://en.bitcoin.it/wiki/Bitcoin_Church

On a funny note, if Satoshi Nakamoto is a God/prophet and Bitcoin a religion then Andreas Antonopoulos is definitely one of Satoshi's disciples, who is Judas? Grin

Just shared it for fun.

Disclaimer: All the commandments and names in this post are fictitious. Any resemblance to actual events or persons, living or dead, is entirely coincidental.
788  Bitcoin / Bitcoin Discussion / Re: Bitcoin is instant way to get rich ? on: July 04, 2017, 04:07:52 AM
what do you think about this topic?


As far as bitcoin is used as a speculative asset there would be investors who would jump into the bandwagon thinking they are gonna be filth rich instantly. Speculation is a double-edged sword, the volatility shifts from marginal profit in short-term investment to marginal loss in short-term investment to heavy profit in long-term investment to heavy loss in long-term investment. Yeah you can make some quick bucks with bitcoin, but getting really rich, like any other investment takes time, patience, and a lot of risk.
789  Bitcoin / Bitcoin Discussion / Re: [BREAKING NEWS]: South Korea to Legalize Bitcoin!!!! on: July 03, 2017, 06:11:26 PM
This hot news is currently breaking on all the wires. South Korea is on the verge of legalising Bitcoin. Fill your bags...

https://www.cryptocoinsnews.com/south-korea-preparing-legalize-bitcoin/

Updates to follow as we receive them...

Wow, it looks like Asian countries are on a march to regulate bitcoin. In the last two years bitcoin worth 1.92 trillion Won was traded in South Korea. I guess with such a big trading volume the catalyst for Korean government's decision to regulate bitcoin is:

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The possibility of wreaking havoc on national economy from digital currency bubble burst.

Electronic Financial Transactions Act, income and corporate tax thus preventing tax evasion and boosting transparency.

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The government will push for the systemization of digital currency on a full scale in tandem with a global trend in the U.S., Japan and other countries.

Guess a price surge is on the way.
790  Bitcoin / Bitcoin Discussion / Bitcoin Marketing - Ideas to promote bitcoin on: July 03, 2017, 02:52:23 PM
There is already a discussion thread, "What's your way of spreading Bitcoin knowledge?" Most of the answers are centered around sharing bitcoin knowledge directly with friends/family or through social media.

Now let's make it a bit broader. Apart from social media, what innovative or out of the box marketing ideas can be used to promote bitcoin. It is not necessary that you are using this idea, but you think that an idea like this would be helpful to make more people aware of the existence of bitcoin.

Bitcoin is not a brand, but brands associated with bitcoin are promoting it through TV commercials so it is an effective way to promote bitcoin. Some of the other ideas would be:

1. Bitcoin clothing, wear bitcoin T-shirts.
2. Handing out bitcoin pamphlets locally.
3. Asking local vendors if they accept bitcoin.
4. Organizing bitcoin themed parties, be it birthday, anniversary, or any special occasion.Yeah, this might be expensive, but each and every guest would come to know about bitcoin.
5. Local bitcoin treasure hunt, find hidden bitcoin. I have seen some treasure hunt threads on this forum.
791  Bitcoin / Bitcoin Discussion / Re: Bitcoin about the free world, but not for us in the Middle East! on: July 03, 2017, 08:22:42 AM
It's not so straightforward to buy bitcoin  in the Middle East. Yes, I have tried everything. If bitcoin was about the free world, why all the exchanges ask for very strict verification that even the stock exchanges don't ask for?  I have never had to take a selfie with my passport in my entire 40 yrs of life until I came in to the bitcoin world, what the heck?!! All the exchanges take ages to verify and when they do, they discriminate those from the middle east. Most of them don't allow us to use fiat currency to buy bitcoin, so how the hell new comers will buy it? The barriers of entry to the bitcoin world are too many for people in middle east, am sick of it.

I find the conventional banks much easier to deal with than  the bitcoin exchanges. Guess what? I was successfully registered in one after waiting for a month, only to be told I can't spend more than  300 Dollars a week in buying bitcoin, seriously??? I freaking have thousands of dollars to invest and they want me to spend 300 dollars a week for a coin worth $2500???

Now, the easy way is to buy from others, but I am gonna have to pay a premium of 10 to 20 pct above fair market value to buy and that's BS!

I am thinking to start my own ICO for an exchange that has commercial sense an open to the world. We need a revolution here.


1. As far as KYC/AML is concerned, exchanges are simply following government's guidelines because bitcoin is somewhat regarded as a currency used for money laundering and funding of terrorist activities. It would be impossible to run a licensed bitcoin exchange without being compliant with verification processes and tax rules.

2. If your country does have a local bitcoin exchange then it is better to use them than opting for international exchanges, quick verification, and legally compliant with your local governance.

3. Yeah, sometimes the disadvantage of using a local exchange is a substantial difference in price, based on demand at times it can go up to 15% higher than the international market.

I don't know if you have already tried, https://bitoasis.net/en/

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With BitOasis you can now easily buy bitcoin in AED. Our exchange is currently present in UAE, Kuwait, Bahrain and Saudi Arabia.
792  Bitcoin / Bitcoin Discussion / Re: Sending bitcoin without the miner fees ! on: July 03, 2017, 04:21:50 AM
So i was thinking if i send a bitcoin transaction without the miner fee or a very low fee what will happen ? would i get the coins back eventually ? or they will just stuck there forever ! and if that happened how to do that double spend ?

You have the choice to send a transaction with no or low fee, the same way miners have the choice to ignore your transaction on the basis of no or low fee. Either your transaction gets stuck for a long period of time without confirmation, the network keeps relaying it until some miner finally adds it or it gets pruned by the network (you will get your bitcoin back in your wallet). Yeah, you can rebroadcast a similar transaction with higher fee and get it conformed thus making the old transaction invalid, double spend. But why go through all this hassle.
793  Other / Politics & Society / Re: If you kill cow,then you will be killed. on: July 02, 2017, 05:54:45 PM
Hindus believe cow as their sacred animal.Most of them dont eat it and they think killing cow as a sin.But what the problem is,in india,some hindus call themselves as cowrakshaks,meaning saviors of cow and they start attacking and even killing other people if found eating beef or carrying beef with them.Either you dont kill cow,otherwise you will be killed.Its their slogan.

Yeah, the current BJP government is being too hypocritical about beef. The religious or Hindutva agenda behind beef ban is clearly evident. Mahatma Gandhi on cow slaughter:

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How can I force anyone not to slaughter cows unless he is himself so disposed? It is not as if there were only Hindus in the Indian Union. There are Muslims, Parsis, Christians and other religious groups here.

Banning beef in a secular country like India on religious grounds just puts a huge question mark on secularism.

I am Hindu and I do eat beef. The government wouldn't even dare think about putting a beef ban in Kerala.

794  Alternate cryptocurrencies / Altcoin Discussion / Re: Why SegWit2X is on developement If it's the same as SegWit? on: July 02, 2017, 02:47:47 PM
I don't understand. I know that SegWit was tested and everything and since SegWit2X is SegWit, just with bigger blocks. What are they testing exactly and why they are on Alpha, they could just take the SegWit code? can't they simply activate it as SegWit since they reached the 80% then after 6 months, they activate the 2 blocks thing?



From what I have read, Segwit uses bit 1 to signal while Segwit2x uses bit 4 and then the hardfork part, weight limit from 4 MB to 8 MB. I guess since there is a difference in implementation between Segwit and Segwit2x changes needs to be made to the existing Segwit code which has been tested and successfully activated in Litecoin while Segwit2x is being developed and would be put to first and last testing within three weeks.
795  Economy / Service Discussion / Re: Is obelsik website trusted? on: July 02, 2017, 01:49:50 PM
hi all
Is obelsik website trusted to pre order sia asic miner from them?  Roll Eyes

I Googled and found a couple of links. This might be helpful.

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Sia's team is working with US semiconductor company Obelisk to design ASIC chips to create the first 28-nanometer chip specialized in silicon mining. In this pre-sale, each team will be priced at $ 2,499 in bitcoins. Obelisk pre-sale, which will begin next Wednesday, June 29 and will be extended exclusively for 7 days.

https://coins.newbium.com/post/8730-sia-announces-pre-sale-of-its-specialized-miner-ob

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The expected hashrate of the Obelisk is 100 GH/s, which means that with a block reward of 20M SC/DAY the monthly revenue will be of 60,000 SC. The revenue will be higher in the beginning and is expected to get to 60,000 SC/month when 10,000 Obelisks will be sold. This is expected to happen by June 2018.

http://www.bitcoininsider.org/category/obelisk-sc1

https://obelisk.tech/preorder/

Sia Tech is working with Obelisk and according to them it is a trustworthy company with a 20-year track record in ASIC design.

There is also a discussion regarding this on Reddit about shipment and delivery, https://www.reddit.com/r/siacoin/comments/6k3gnj/obelisk_presale_is_live/
796  Bitcoin / Bitcoin Discussion / Re: Is it even possible to regulate bitcoins? on: July 02, 2017, 12:23:57 PM
I mean how? Given it is completely decentralised.

Japan regulated/legalized bitcoin and India is going to. I am not able to comprehend how the current situation would be anymore different than regulated because right now I am using bitcoin in India like it is regulated, taxable, strict KYC/AML and even after regulation it would be the same. Almost all major exchanges follow this same procedure. Regulation means the banking system of a country enforces some strict guildelines on bitcoin related websites, mostly exchanges and officially accepts bitcoin as legal. Even without regulation almost all governments are still unofficially imposing currency/asset related regulations on bitcoin.

As far as decentralization is concerned, I do not think regulation would have any serious impact on it. In fact, I do believe it is necessary if bitcoin needs to be recognized globally. Even after regulation, it is not like any government gets control over bitcoin. Bitcoin would still be independent as a currency in the sense that it is not issued by the banking system.
797  Bitcoin / Bitcoin Discussion / Re: Bitcoin is a great innovation but the fear is prominent and so deadly! on: July 02, 2017, 09:28:38 AM
Yup. This is the thing everyone is worried about. What happens when Bitcoin tickles the higher-ups enough to make a move. The government runs the internet and basically has the power to shut the whole thing down, then what happens?

The government shutting down the internet for the sake of bitcoin is an illogical notion. To a large extent all the current centralized payment systems are dependent on the internet. Why would the government mess up their own monetary system. Assume, from a total population of 100, 30 are bitcoin users, would government go to the extent of denying access to Internet to these 30 people, selective shutting down of internet and on what grounds. UN has declared internet access as a basic human right.

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The right to Internet access, also known as the right to broadband, is the view that all people must be able to access the Internet in order to exercise and enjoy their rights to freedom of expression and opinion and other fundamental human rights, that states have a responsibility to ensure that Internet access is broadly available, and that states may not unreasonably restrict an individual's access to the Internet.

Like I said, the whole concept of government shutting down the internet for just banning/blocking bitcoin is too irrelevant. If any government takes an extreme step as shutting down the internet, there would be a lot of things to worry about than bitcoin.

Yeah, government of any country can pass a law against bitcoin and proclaim it illegal, but still a global ban is an impossible scenario. Right now, I can't find a single country that is so hostile against bitcoin that it would directly attack bitcoin. In fact, more and more countries are becoming bitcoin friendly.
798  Bitcoin / Bitcoin Discussion / Re: Is BTC only for middle and upper economic class? on: July 02, 2017, 08:42:14 AM
hello..Please your opinion.

As we know that Bitcoin is being discussed right now and people hope in their country Bitcoin can be ratified as a legitimate transaction tool. But in my country, only about 30% are familiar with bitcoin. Is this because only the upper middle class knows the bitcoin, or is there any other cause? What about bitcoin in your place?

Yeah, it can be said that compared to educated or middle class people, uneducated or poor people know less about the existence of bitcoin because they have limited access to technology and also a lack of technical knowledge.

Bitcoin is for everyone, it does not matter if you are poor, but you know about bitcoin, you would be able put it to good use. Since bitcoin is divisible, people who can't afford to buy a whole bitcoin can still buy fractions of it and use it accordingly. Or why buy, if you can earn it selling your services/products.

There are more than 2 billion unbanked people in the world,  with M-Pesa it has already been proved that being illiterate or poor is not a barrier to adopt new technology. The barrier is making them aware of the existence of a new technology and now with Abra there is a possibility that unbanked or people in underdeveloped countries would get to know about bitcoin and start using it.
799  Bitcoin / Bitcoin Discussion / Re: The Barry Silbert segwit2x agreement with >80% miner support. on: July 02, 2017, 07:13:25 AM
This is almost scary enough to make me consider going into FIAT until 148 is buyable.
148 will be 141 which will be 91 which will be bit 4 which will be bit 1 which is NYA.

In other words, there will be no 148 as a separate coin.

So if I hold BTC on Bittrex and Poloniex I can be sure they'll be the same BTC a year from now? The BTC we see now will be 148 by default and the fork Bitcoin will be nuBitcoin?
No. 148 will become irrelevant once segwit is activated by segwit2x. After that there is the segwit2x hard fork component and then there may be a different split that has nothing to do with BIP148. Hopefully some kind of compromise position happens before that hard fork component preventing a split but at this stage there is none on the horizon.

Segwit2x with more than 80% majority has already shown the intent to start signalling Segwit2x by July 21, with the current situation it is  obvious that Segwit would get activated through Segwit2x before August 1 so would BIP148 still be deployed on August 1with a low majority?

Secondly if Segwit activates either through Segwit2x or BIP148, I guess still there would be a hard fork three months down the lane, right? According to NYA Segwit needs to be activated to do a hard forking.

Yeah either a compromise or some big miners backing out of NYA.
800  Bitcoin / Bitcoin Discussion / Re: Why Bitcoin cannot drop in price on: July 01, 2017, 05:32:06 PM
I think the real usage of Bitcoin as a means of payment is inconsequential at best

Since most of Bitcoin value comes via speculation (i.e. "those who see bitcoin as a "cash cow" to milk for more money"). You personally may not not quite like it (I certainly understand your pains), but your dislike can't change anything in this department. That's why I said that we should cut the crap and face the facts in the first place. Apart from that, I can't possibly agree that Bitcoin is "the most secure and the most decentralized cryptocurrency" out there. If you disagree with this, namely, that Bitcoin today cannot be considered as safe and decentralized, then "there is no point even arguing with you". In fact, by "some other coin" I meant Litecoin as the most likely candidate to take Bitcoin's place if the latter fails to scale up properly (I changed my post to reflect that)

That inconsequential thing is the whole purpose of bitcoin. I don't think Satoshi created bitcoin with the intent it to be a store of value, more as a currency to challenge the banking system. I had mentioned in one of my last posts that the store of value aspect of bitcoin is just an extension of it being a decentralized peer-to-peer payment system. If bitcoin fails as a medium of exchange there would be no store of value

If wishes were horses, beggars might ride

Just because Satoshi deemed Bitcoin as a means of payment doesn't magically make it into one. We have what we have, that's why I told that we should stick to actual facts. And the facts are not very good since even when Bitcoin is seemingly used as a medium of exchange, it is no more than illusion. It gets sold as soon as it is paid with. Further, Bitcoin can never become a genuine store of value even if it gets accepted as a true means of payment in a sort of Bitcoin economy, pretty much for the same reasons why no fiat currency can be a store of value, i.e. for the lack of this very value

Still a good number of people believe bitcoin is a bubble, a speculative bubble. People who would like to use it as a currency are staying away from it for the time being because of volatility, who are using it, converts it instantly because of the same reason.

A speculative currency would be a good store of value, but it would always prevent it from becoming a true means of payment. Would speculation be enough to keep bitcoin as the top cryptocurrency in the long run?

Or bitcoin gains momentum as a P2P currency, less speculation, less volatile, more stability, not a good store of value. Would that be in the best interests of bitcoin?

It comes down to speculation/store of value vs stability/medium of exchange.

Yeah, we have what we have and we don't know what we might have in future.
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