I could tell you that I can use smart contracts to send an automatic TX to the flower company the morning of my wedding anniversary, embedding in the Meta data my exact order and address, and that I can arrange this TX and fund it anytime prior to that date and time and people will love it. Start to explain the mechanics and how to accomplish this and we lose the crowd. To someone that has barely ever touched a computer, an ad for a 256 MB USB drive and an ad for a 256 GB USB drive sound the same. More basic education and more information and the price will shoot up because you follow that education with all the things that Bitcoin can do that is impossible with FIAT.
Bitcoin is the future and 2016 is just a start for it.
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Just take care before invest your btcs, to stay away from ponzi schemes and gambling, because it is so risky. Instead you can buy bitcoins, hold for some time and then sell at higher price.
I do not invest the bitocin when the interest rate is higher than 9%. So I only save some in the HaoBTC. I will agree with you on this because this is something I have actually been considering but its savings and not investment which makes the returns even lower than my minimum expectation...
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It's not that easy because BTC needs confirmation time and you'll have to sit there waiting for the confirmations so that you can pay.Apart from that I think BTC is a great means of payment for sure.
Your right the payment speed is one of the problem but i think if they can convert in just like convert it into points first. To use it easily without waiting for transaction because you convert it already into points but they should invented a card for points so that they can pay fast or instantly without waiting for confirmation.. Instant has to become more like instant and the payments have to be as quick as cash or credit in order for many types of businesses to accept it.
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Maybe because of my country of residence here, I virtually use BITCOIN for anything else than to invest or convert to FIAT in other to spend as to the best of my knowledge, there is no store here that accepts BItcoin as a means of payment...
I agree that the use of BITCOIN is dependent on the location of an individual and this still serve as a limit to the use of BITCOIN.
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I'm not gambler and I do not like it. But there are plenty of people around me , spending their time to earn some cash with betting , online casino, gambling games etc. I'm sure that maximum twenty per cent of them in profit. eighty percent of them still trying to compensate their losses.
In addition to what you have listed, other ways with minimal risks includes claiming faucets, signature campaigns, claiming bounties, service delivery with your skills, social media campaigns etc...
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Definitely not, since kids on the first place don't have the money to bet and raising them on such an environment could pose some serious problems when they get old. If they get used to such, there is a high possibility that they would manifest addiction to gambling and that is really scary to say. That's why regulations and laws exist to prohibit children from being exposed to any forms of gambling and whatnot since it could pose a risk on their development.
I will agree with this because gambling is about taking responsibility and anyone who is not an adult is not in my opinion not responsible.
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You can try investing bitcoin by holding it and wait for another halving or you can invest on gambling site but remember , it has risk of lossing if you did not experience for doing this or You can try open any shop that accept bitcoin so you will got bitcoin profit
Investing 0.1 btc only and wait for years for the next halving,oh man what you saying its just a time waste and no body should do it,such a long term investement with that much small amount,and opening shop in 0.1 btc,for that i would say do nothing and try to collect more and more bitcoins,may be reach 0.5 btc atleast first and then think about it again. Yeah 0.1 will not be worth to hold for a long term, in fact I would choose to take risk and use them in gambling and try my luck there so I can earn quick profits if I am lucky. It is true that 0.1 is not enough to go with but at the same time its depends on how willing you are to take the risks attached to the rewards you are looking forward to making in short term
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The one issue that I see that could slow things down is the confirmation aspect. Fast food would not be fast food if your payment could take up to an hour or more to get confirmed to the point their company would want.
Third party wallet companies have addressed this and there is a system spoken of here on the forum, but that does add a governing party in there.
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Bitcoin price movement is just like Stock Market. The stock market indicators have a solid set of parameters inside a company portfolio that can change the price, things like hard and soft, liquid and firm assets linked to a company.
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Also It is that simple, what FIAT tries to evolve to through the use of other software is already there, right in the blockchain, just waiting to be used.
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This has got to be Litecoin. It simply has the longevity and more closely matches the current FIAT system in the USA. It will be easier for people to make a transition in their mind from a coin that is around 4 to 1 than it will be for them to make a 600 to 1 conversion.
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I see what you are saying, but we have to watch one thing. We cannot have the exchanges start making choices on whether to allow or disallow trading.
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You see this is Beta #1, it is Beta #2 that explodes with video and there is even a puppet show. It's the little things that really bring it home for me.
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Your service may be good for content locker sites where bitcoin users are targeted to view the content but for normal captcha use like for faucets no any users will be willing to pay and also the process of paying seem lengthy what you explained in step by step guide.
Only drawback there is the normal ad issues. If you force the person to click the ad, that violates most ad systems. If you do not force the click, then you are dealing with the loew percentages that most ads get hit and a lower revenue level.
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when i feel that i will win in gambling, i always back to play and keep trying my luck , but sometime i still loss too
That's a misconception...Sometimes we feel that way, like we want to play because there is something inside of us that keeps us thinking that we will win...Then when we are already gambling that doesn't always happen... Usually that's one reason why a gambler keeps on coming back, when they win unexpectedly and they think that the same feeling is what they are feeling when they try again... Deja vu? ya it's more like Deja vu , keep losing in gambling should make people to stop gambling. but no , they always back and keep playing i think it is normal because people will always greedy even not all All of us are greedy but every person have different percentage of being greedy, and others can control their greediness and those people have self-discipline. There are people that always coming back in gambling but for me they have different kind of reason also why they are still playing gambling even if they are losing. Transactions that can't come back on you, spending money nearly anywhere and everywhere, scripted TX's and contracts....it is all there, right in the chain and the code. The lack of trust between any two people that causes them to hesitate with FIAT can be taken away within seconds knowing with the Crypto's can do.
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... When the ETH becomes pure PoS, it is more difficult to fork. That is according to the comments by the Vitalik himself.
What kind of POS have ETH ? Probably it will be hard when most coins are on exchanges hahaha... and voting to change protocol will be will of exchange owners today probably poloniex will be king. I think that can be ETH issue. Polo was not hacked for long. POS have problems with that matter people don't realy care about stacking coins for 1$ revenue while it cost 120$ year for power. And we and in world where a bigger stacker will be exchanges - always online and big chunk of coins in their hand. Maybe when we have the coins on the Poloniex. The staking interest should be paid to us by the Pononiex. Otherwise, it is unfair. I know that I used one particular website for staking and they closed down. It was a decent site and the way that they closed down actually built a lot of trust, as they worked the site down over months and gave you plenty of time to get your coins out.
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When you mine, you are hacking the system, there is no other way to hack other than to attack the hashes themselves and that is what you are already doing through ASIC's and pools and such. The system is solid.
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Perhaps you both need it and trading skills and luck . Because trading is full of wisdom so you need skills here to learn how to be a great traders . And we also need luck because the trading is like gambling, we need to have luck to buy our altcoins or bitcoin need luck with us because of it depends on our having a profitable trading .
yes both skill and luck are very important imo too. you need the skill to get anywhere at all but when the moments there luck can beat you or help you. so luck is like the finisher to what you need skill for, this is why i dont like these kind of things like trading cause theres alot of ways to lose no matter how good you are. Yeah , even the coins is reputable and trustworthy but has a chance for scam or become dead coins. Doesn't matter how good/experience your are , you'll beat up with lucky thing << you must consider it. Anyone could see a few years back that the "cash for gold" craze was a money maker. The key to something like that is knowing when to get out.
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The good thing you do is to invest your 3 bitcoin because bitcoin is erratic up and down the price is so good to lay and wait bitcoin increase the price of bitcoin . Or roll first in trading altcoins to further increase your bitcoin. To earn more and gain your bitcoin.
It is very risky to simply invest your bitcoin, what if the site you invested your bitcoin is not legit and a scam site, you need to confirm with other account if it is legitimate, you need a advice from someone knowledgeable about the site, well you can surely roll on altcoins to further increase it but he should be very cautious because the given deadline is only 2 months and seven days. Yeah and I don't find any good place to invest bitcoins at a moment as majority of them are frauds, so instead of investing it online its good to start with trading with 3 btc. Actually trading is one of the main thing that could increase your bitcoin but there are partly other safer ways to increase your bitcoins and I think that many bitcoin users had an idea about it and if you done all of it I am sure you can get a lot of bitcoin when the time comes that you need to return back the bitcoin you borrow, but I think there are a category in each method you use mainly first are faucets, signature campaign and other free bitcoin stuff that are available in this forum and the last are most expensive are mining your bitcoin! I also suggest him to do trading because in trading our amount is safe and we can make profit, and one thing is really good about trading, it give us knowledge and information and also give us more skills to use the bitcoins in different ways
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We know that bitcoin is strong and all the wallets have milletry grade security but one of my stupid friend today said that maybe someone can hack it with just a calculater because with math and correct formulas we can even predict gambling bets if that is possible then maybe there is any chance of this
As you said your friend is stupid, and i think his thinking is also stupid. Everything is not easy, for example, if anyone can do it only with calculator, so most of the mathematical genius are here, but nothing is wrong thing we heard about it and bitcoin and also about gambling. Bitcoin is not made today, it has been spend 7 years and now bitcoin is still live and nothing wrong with it. Yes, i also think about it, may be his friend is joking with him, because i don't hear about anything wrong. And our bitcoin is a safe sound crpto currency, and it would be remain in future and always we use it and get profit.
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