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7881  Bitcoin / Press / Re: [18-05-2018] Bitcoin Billboards Erected Outside Warren Buffett’s Office on: May 18, 2018, 06:24:17 PM
This makes the erectees look as stupid as elderly men dissing things they may not have taken the time to wrap their heads around.

Someone somewhere compared Bitcoiners to vegans and that hypersensitivity and sanctimoniousness certainly rings true. They won't make any difference other than making themselves look like knob ends.
7882  Economy / Speculation / Re: Chinese ministry to publish 'blockchain ratings' on: May 18, 2018, 06:17:12 PM
China made themselves irrelevant in blockchain by killing cryptocurrency trading, ICOs and limiting Bitcoin mining. What is their "blockchain ratings" guide supposed to do? Get their relevance back? Roll Eyes

Idk but it could potentially make their citizens mind up and buy whatever is at the top of the rankings (which is ETH). This somehow causes a psychological urge to buy it since it's being endorsed by the government. A subtle, hidden and effective pump in the making, I should say.

Where are they going to pump it?

I wish we had some tame Chinese people who popped up in this section. I assume they all must be trading away OTC but we never hear a single thing about it. I'd love to know how many people there have hung on versus throwing in the towel, though of course 98% of Chinese volume was the exchanges themselves plus four zitty teens with bots back in the day
7883  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 18, 2018, 01:05:59 AM
Did you get the maximum score, or higher than that?

The examiner bloke never said anything about a max score and I didn't think there was such a thing. The 162 thing must be balls.

Anyway the last time I did a less formal one I scored 73 which smells far more realistic, though I can easily believe my intelligence has more than halved since those golden days. 
7884  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 18, 2018, 12:56:55 AM
What was Einstein's IQ, and what was yours at 17-18?

His was supposedly 160. Mine was more. But I read just now that 162 is the maximum score, however there are people out there with an IQ of 230 so that must mean that their intelligence is infinite so someone glued an imaginary number to it to reward them.
7885  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 18, 2018, 12:30:04 AM
Mine is above 140; Where does that put me?

Autistic.

Does anyone really rate IQ as any type of measurement beyond the ability to pass IQ tests?

I did a proper one at 17-18 and outgunned Einstein. You'd think that would set me up for the future command of my self built space station. Instead I decided sitting around would be a better thing to do and after a few decades I've just started to get into my stride with it.

Gotta go. Switching chairs now.
7886  Bitcoin / Press / Re: [2018-05-17] PayPal CFO Says Merchants Aren’t Interested in Crypto Due to Volati on: May 17, 2018, 06:14:59 PM
Of course they're not interested in volatility and that's why they all use places like Bitpay. Even then merchant adoption is contracting, not expanding. Even if it's custom for free money it looks like many aren't interested in the ball ache it can potentially create.
7887  Economy / Exchanges / Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading on: May 17, 2018, 06:04:47 PM
https://twitter.com/bitfinex/status/997055994680066048

Looks to be selective according to them at least. Is it not a wee stamp of legitimacy? That's no use to the people who've been asked to hand it over of course.
7888  Economy / Exchanges / Re: List of bitcoin debit cards on: May 17, 2018, 05:44:28 PM
https://mobile.twitter.com/wirexapp/status/997084385257148421

https://wirexapp.com/wirex-payment-cards-now-available-europe/

Wirex are now offering Visa cards to verified punters in a variety of EU countries.

Never used them myself. Are they lovely?
7889  Bitcoin / Press / Re: [2018-05-12] Millennials Are Buying Cryptocurrencies to Save For Retirement on: May 17, 2018, 12:32:22 PM
Completely agree.  I cashed out 80% of my holdings this past December to lock in my retirement, while holding on to 20% to hopefully, fund a more exciting retirement rather than just locking in basic living expenses.

Here's hoping Smiley

That's an epic move on your part. In retrospect I should've been sensible and done the same. I'll save it for the next run. I believe the next bubble will be gargantuan and I'll also guess it'll be the last fuelled by pure speculation.

At some point crypto has to justify its existence as more than a speculative toy. It will someday. The bit in between could be extremely long and extremely painful.
7890  Economy / Exchanges / Re: Bitstamp is scaring customers away on: May 17, 2018, 12:27:41 PM
It makes absolutely no sense for them to ask sensitive and private topics such as income, occupation, and even future deposit patterns without any regulations forcing them to (or at least, other exchanges serving EU customers clearly don't need info to this degree, CMIIW).

I don't know why, but it actually makes them less trustworthy as an exchange to me.

What I hope happens is that they're abandoned en masse by users who go to exchanges with standard KYC policies. We all know they're a necessity to stay in business but everywhere else is doing business just fine without sticking their fingers up one's urethra.

Bitstamp takes it from necessity to flat out insult.
7891  Bitcoin / Bitcoin Discussion / Re: Blockchain Phones on: May 17, 2018, 12:10:39 PM
The first sentence sums it up pretty neatly - HTC is about to unveil a flagship phone that nobody will want to buy

It doesn't run Android. How many phone users know what the hell a Dapp is? And beyond that who's going to use them out and about several times a day?

Cool idea as a prototype or ultra limited run for developers. As a commercial proposition it's 10-15 years or more too early.
7892  Economy / Service Discussion / Re: We need your opinion about using our service: trastra.com on: May 17, 2018, 11:43:34 AM
Looks promising but you have some spelling mistakes on your site. It could use a proof read.

Do you have anything properly in place for a Visa card or are you waiting for a generally available one?


3. verify my personal information: In fact, I can not do anything without verifying my ID [personal blockchain banking], which I didn’t like.

It's a fiat heavy operation. You won't be able to fart at it without verifying yourself.
7893  Economy / Speculation / Re: Chinese ministry to publish 'blockchain ratings' on: May 17, 2018, 11:37:55 AM
https://bitcoinist.com/china-release-cryptocurrency-ratings-ranks-ethereum-1st-bitcoin-13th/

And here they are.

ETH is 1st. BTC 13th. Steem... 2nd?

This is almost as informative as those Weiss ratings which were going to transform the world, in return for a few hundred dollars to read them.
7894  Economy / Service Discussion / Re: Bitcoin in Africa on: May 17, 2018, 11:17:08 AM
Does anyone know how big Bitcoin is in Africa? Bitcoin and blockchain tech in general seems to be something that can help under developed countries
There are so many factors militating against the growth and adoption of bitcoin in some African countries examples are poor infrastructural facilities like epileptic electricity supply, literacy level is very low, inaccessible and slow internet facilities and some schools of thought believed that bitcoin is a ponzi scheme thus sending fears to potential investors.

Have you ever looked at the growth of mobile telephony in Africa? It's very widespread and often they have better signal in the back of beyond than you might get in a city.

They've bypassed the old school clunkiness of installing physical phone lines and gone straight to the most modern method. The same might apply for crypto. Since many have never had access to normal banking it's likely they'll migrate straight to crypto when it becomes fully viable. There's no real alternative for them anyway.
7895  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs on: May 17, 2018, 10:28:36 AM
Would be really interesting to see whether the thief can be caught. But in my eyes at least the NEM issue got solved mostly, since the stolen XEM are in the majority ( if not all) in circulation again. On the upside of all, stands the broader distribution the project now has, especially in regards that it even was one of the best distributed projects even before

The hacker was on so many exchanges getting rid of so much that I truly can't believe they didn't slip up somewhere along the line. They tried every single avenue possible.

I'm seriously impressed the price held as well as it did considering volumes are usually piddly. Buyers emerged out of nowhere. If you discount the XEM locked up in supernodes and foundation and developer funds it was probably a fair bit more than 10% of the supply.

It could take a while to get some momentum back though.
7896  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs on: May 16, 2018, 08:41:15 PM
Recently there was a scandal with the coin of NEM. With some Chinese crypto-exchange, funds were withdrawn from clients' purses for several million dollars. Someone in the course. How did it end?

It was a Japanese exchange and it was about $500 million worth. It's still unsolved but there apparently some Bitcoin addresses that the hacker thought were hidden but were linked to the hack. It could take a while before we get a conclusion.
7897  Economy / Trading Discussion / Re: Is worth buying coins under $1? on: May 16, 2018, 11:48:18 AM
You need to look at the overall Market Cap of the coin. This is the price of the coin multiplied by circulating supply.

Literally the only post in this thread that mentions supply. Has that not occurred to most here? A $1 coin with a supply of 10 billion is nowhere near 'cheap' and may never reach that price again if it had already.

If you're dim enough to think an individual unit price is the be all and end all then you should go find something else to do.

One unit of Byteball at $200 or whatever is a potentially good deal. There's only a few hundred thousand of them. But most aren't bright enough to take the latter figure into account.
7898  Bitcoin / Bitcoin Discussion / Re: The Curse of Mt.Gox continues:Thousands of bitcoins to be flooded on: May 16, 2018, 11:41:42 AM
Already Mt.gox was responsible for the bitcoin crash due to the reason of getting hacked.And now,after Japan court directed the Mt.gox trustee to sell the remaining 8,000 bitcoins.Be ready for yet another price dip.

New investors,be ready to grab this opportunity.

Provide us with a verified quote from someone directly involved in the process or GTFO.

It's so fucking dull seeing half read sentences by half asleep 'journos' being recycled into half coherent conspiracy theories by half dead posters on here.

8000 BTC moved from one address to another. Got any facts beyond that?
7899  Economy / Exchanges / Re: Bitstamp is scaring customers away on: May 16, 2018, 11:13:22 AM
Is this really what the EU is requiring crypto exchanges to do by law including the collection of a lot of these completely irrelevant questions, or is Bitstamp just collecting this info for their own benefit? Can someone clarify? Because pretty sure that anywhere in the world you won't even be asked these series of questions when opening a bank account.

Outrage would be across the media if you had to do this to open some savings account for your dog. It's pure Bitstamp.

I opened Revolut and Coinbase accounts a short while back. Revolut didn't want anything other than a deposit from my debit card, though limits are low. Coinbase gave me a £100,000 annual limit with no more than a passport scan and summat else with my address on it.

That's all anyone needs if they're asked to hand you over.
7900  Economy / Service Discussion / Re: Booking a hotel with Expedia and paying with Bitcoin on: May 15, 2018, 10:51:36 PM
Aww dang that definitely sucks Sad I guess there isn't an equivalent in Europe to book travel accommodation with Bitcoin, right?
Especially looking to spend some of my Bitcoins on hotels and if possible also plane tickets.

You could try this - https://giftoff.com/gift-cards?filters%5Bsort%5D=alpha&filters%5Bcategory%5D=15&filters%5Bcountry%5D=241&page=1&showAll=true

Which has always been reliable for me, but I don't know what the deal is if you're not in the UK. Lastminute and Inspire will be the most comprehensive ones.

For flights you have more options like Destinia and a few others but I've never used any of them and often they miss out the budget carriers so you can pay insanely more for the same flight for the honour of it being in BTC.
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