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841  Economy / Web Wallets / Re: Blockchain.info - How can I sign a payment with a message on: June 24, 2017, 05:15:43 PM
Yeah the problem is I can't successfully import the address, it shows as a "watch only" address no matter how many times I import it and my private key doesn't not recognize the address

I entered the address it says I sent my bitcoins from when I sent them from blockchain.info to the ICO but my private key is not working for it

But I think this might be some kind of double spend protection or something maybe because I made a blockchain.info wallet and sent some bitcoins to it and then immidiately sent some bitcoins back without waiting for confirmation to see how how sending bitcoins from blockchain.info works and this caused the rest of the bitcoins to be simultaneously sent to some weird address even if I did not request it to be sent. And then I sent the rest of the bitcoins that was on this weird address but still showed up on my blockchain.info to this ICO bitcoin address and it got sent without any problems but I don't have the private key for this weird bitcoin address apparently

A similar thing had happened to me once. As soon you receive funds on Blockchain wallet you can send funds without confirmation and then that transaction is marked double spend. The balance in the wallet should get updated only after 6 confirmations, but in Blockchain it is as soon as you receive the funds, it's a bug I guess.

Did the ICO transaction got confirmed? Since you did a double spend, Blockchain assigns another address as a precaution, but I guess once this transaction gets confirmed the weird address in the transaction would be replaced by your default address. Something like that happened to me when I accidentally did a double spend through Blockchain wallet.
842  Economy / Web Wallets / Re: Blockchain.info - How can I sign a payment with a message on: June 24, 2017, 03:57:38 PM
Hello, so I sent some bitcoins from my multisig wallet to blockchain.info to participate in this ICO. I sent the bitcoins to the ICO and now I need to sign the payment but I have tried everything and it just won't let me find a option to sign it on blockchain.info. When I go to Settings->Addresses->Import Address and copy paste the from address from transactions it shows it as "Watch Only" and gives me the more options to "Archieve, transfer or spend" instead of the usual "Sign, show private key" etc.

Im really desperate been trying to figure this out for several hours now I can pay 50$ in bitcoins to whoever helps me solve this problem if they want

If you have successfully imported an address you will find the sign message option.



Quote
A bitcoin watch-only address allows you to monitor the balance and transaction activity at a specific address, but does not allow you to spend the bitcoins. Only the owner of the corresponding bitcoin address’ private key can spend those funds. By watching the address, you have read-only permissions.

Instead of entering the private key you have entered an address which you can watch only.



You can only access these funds if you have the private key stored elsewhere.

https://blog.blockchain.com/2014/11/25/quick-bit-bitcoin-watch-only-addresses/
843  Bitcoin / Bitcoin Discussion / Re: Poll: Has Theymos been hacked or hijacked? on: June 24, 2017, 02:21:03 PM
IMO the current bitcoin mining operation is centralized by the likes of Bitmain and some mining pools. As far as I have read, LN would lower the fee a lot, off-chain transactions would lead to more user privacy, and exchanges would not be prone to hackers. Payment channels/hubs getting centralized is a possibility, you would need a lot of revenue backup to operate hubs and some big players like Coinbase would dominate, but the same thing is happening now. Hard fork is not backwards compatible, and with the rate bitcoin is getting adopted increasing blocksize would be a temporary solution, what happens when limit is reached, another hard fork? Segwit alone is not a scaling solution, LN is. If it could be said that LN would lead to centralization then it is not wrong to say that bigger blocks would lead to centralization simply because only a few miners would be able to afford to run full nodes, centralized entities.

As a user, I do not see why not LN. I am not against bigger blocks, but LN could be the permanent scaling solution. Using temporary solutions and letting bitcoin users go through periods of uncertainty would be bad to the community as a whole. The prolonged scaling debate and increased fee has already affected bitcoin, alts have increased in value during this time, continuing this would be illogical.

LN does have a niche.. but if you actually look beyond the utopian propaganda illusion and see it for what it is. its not a solution for everyone. so dont be under the impression that LN is the solution... its just a OPTION.

as for the bigger blocks kills miners.. LOL
miners just use ASICS, which connect to pools.. an ASIC does NOT have a hard drive. an asic does not handle the blockchain, an asic does not validate transactions.
miners dont have any worries about the blockchain. all they get is a few hundred bytes of data. that the asic re-hashes a few trillion times a second and then sends out a solution thats only a few hundred bytes long.. not megabytes, not gigabytes..

as for nodes..
the fact that most dynamic proposals (if using real network consensus) would grow only when the majority of nodes accept such change.. then its not going to cause issues.
what is going to cause bigger node dilution issues is all the prunned/stripped/filter node crap that (using torrent analogy) means there is less seeds of full data for other nodes to leach from

I found one of your old posts.

LN can be considered a bank network.
afterall.. what is a bank

a system where your not in full control of your funds.
the bank can put limits on your spending habits by refusing to authorise transactions
customers require the banks authorisation/agreement.
the only recourse in a disagreement is to close the account

although LN is not a central bank. it is a next gen localised bank. where LN hubs become the new bank branch managers

you can glorify LN as being linked to the open bitcoin network should a customer want to close channel.

but thats just like saying a bank manager of a local bank branch is a glorified accountant supervisor who has no control of SWIFT/cheque clearing house should a customer wish to close their account and take funds elsewhere.

accepting what LN is.. a side option/service. rather then an endgoal solution to bitcoin.. is the way to think about it.
LN has utility for fast action users like satoshidice, faucets, etc. but its not the solution for everyone

Quote
No third-party trust: the two peers in a channel pay each other directly using regular Bitcoin transactions (of which only one is broadcast) so at no point does any third party control their funds.

Their earlier version had time locked channels.

Quote
Channels can stay open indefinitely: as long as the two parties in the channel continue to cooperate with each other, the channel can stay open indefinitely -- there is no mandatory timeout period. This can further reduce the load on the blockchain as well as allow the fees for opening and closing the channel to be amortized over a longer period of time.

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

I am not arguing with you. You are too well versed in the technical aspects of bitcoin than I ever would be. As far as control of funds is concerned, once a user deposits funds into a channel it is moved to a multi-sig address, smart contract, now only when the user signs that these funds need to be moved or transferred then only it is done, the channel itself cannot do anything without the user signing, right. The channel is just the middleman who does not have any control over the funds.

LN is an open source code, anyone can start a node, but yeah eventually some nodes may become bigger, but still I would not compare it to a bank since you have full control of your funds.

I did not meant that bigger blocks would kill miners, that bigger blocks would lead to less miners running full nodes so in the long run a miner might have control over a substantial amount of hashpower which in turn would make bitcoin more centralized.
844  Bitcoin / Bitcoin Discussion / Re: Poll: Has Theymos been hacked or hijacked? on: June 24, 2017, 12:33:37 PM
The thing you have to understand about the ardent small-blockers is that they really genuinely believe they are protecting Bitcoin from a very real existential threat.  If Bitcoin's security properties get diminished, there's no going back, no undoes or fixing the problem.  It is a permanent change that irreparably weakens Bitcoin.  What you view as overly zealous conservatism they view as appropriate caution given the risks involved.  Now, I happen to think even given the risks that they are overly conservative, and I support a hard fork blocksize increase... but I don't begrudge them for sticking to their guns when from their point of view, they are defending Bitcoin's very existence from what they perceive as a very real threat that might destroy Bitcoin.

Irrational fear. They just want the fees to go up and drive users off-chain onto LN controlled by outside centralised entities.

IMO the current bitcoin mining operation is centralized by the likes of Bitmain and some mining pools. As far as I have read, LN would lower the fee a lot, off-chain transactions would lead to more user privacy, and exchanges would not be prone to hackers. Payment channels/hubs getting centralized is a possibility, you would need a lot of revenue backup to operate hubs and some big players like Coinbase would dominate, but the same thing is happening now. Hard fork is not backwards compatible, and with the rate bitcoin is getting adopted increasing blocksize would be a temporary solution, what happens when limit is reached, another hard fork? Segwit alone is not a scaling solution, LN is. If it could be said that LN would lead to centralization then it is not wrong to say that bigger blocks would lead to centralization simply because only a few miners would be able to afford to run full nodes, centralized entities.

As a user, I do not see why not LN. I am not against bigger blocks, but LN could be the permanent scaling solution. Using temporary solutions and letting bitcoin users go through periods of uncertainty would be bad to the community as a whole. The prolonged scaling debate and increased fee has already affected bitcoin, alts have increased in value during this time, continuing this would be illogical.
845  Economy / Web Wallets / Re: Locked out of my blockchain.info wallet on: June 24, 2017, 11:51:49 AM
Hi,

So Im fairly new to this and I recently started using Bitcoin for making payments and stuff and I made my first wallet on blockchain.info. After making an account I got a 12 phrase word that I saved on a piece of paper and did the same for my password. So I logged in deposit some bitcoins into it and when I came back from work I couldn´t login into it anymore. I am pretty sure that I got the right password because I wrote it down word per word on a piece of paper and also made copies of it. I did the same for my 12 phrase word incase I would ever be locked out of my account. I even took a screenshot of it just to never be mistaken. And now I can´t login into my account because I for some reason have the wrong password and when trying to recover the password using the 12 phrases its also wrong.

I send a ticket they their support and they keep telling me that I entered the wrong password and the wrong 12 phrase word but I am 100% sure this is the right one. Is there any one who can help me please.


Kind regards,

Are you sure you have written down the passphrase correctly, 12 words? Because if it is wrong then you would not be able to recover your account. There is a space between each word and most of the words does have a meaning apart from names.

This link might be helpful, https://blockchain.info/wallet/forgot-password

This is the older version of Blockchain wallet for recovering password.
846  Bitcoin / Bitcoin Discussion / Re: Volatility - major reasons for ?! on: June 24, 2017, 11:31:10 AM
I just try to find the major reasons for the very high volatility of bitcoins price we all encountered over the last years.

1) Exponential Growth ( in trust and usage)

It's clear this is a very strong reason to cause price volatility, since we have double and double of requesters that all needs to get coins from a scarce bitcoin supply.
So we see price squeezes all over the time (more up than down). Further we have no or lost experience with such exponential growth process esp in money (last adoption was gold some 1000 years before)


2) Evaluation Base CCY ?
I have the strong suspicion that bitcoins volatility is positive correlated to the volatility of the lowest trusted fiat currencies' volatility in the world.
Sadly I cannot proof this by averaging the historical volatilities of a 'poor's currency basket' of (Zimbabwe$, Venezuela$, Egypt pound, Jemen slotty, Syria Dinar,..xyz...) but I estimate, that we have same volatility there as in bitcoin. And all people living in those countries should be way better off with bitcoin and it's vola!
We just see and measure BTC/USD - volatility is high, but we forget where it's based on - on the poor ccys all together - but they are dominant here.

3) Heterogeneous / Fragmented Markets
We now have some 100 different exchanges and local places where you can exchange you bitcoin against any other fiat or crypto. There is no condensed order book / matching for a trade and limited arbitrage due to capital protection of some states.
I'd guess we'd see a fraction of the actual volatility, if we would have a (ideal) single world exchange, where all must trade BTC/USD (USD is just a default example for a world fiat and rest crypto ccy) .


Any other reasons you could see?



1. Supply and demand. Simple equation, bitcoin is limited in supply + more demand = price fluctuations. The same situation happens when someone invested heavily in bitcoin either keeps his bitcoin for a long period of time or dumps it. Compared to all other major currencies, the market cap of bitcoin is still small, 44 billion so even a small percentage of pumping or dumping can cause a marginal fluctuation in price. This would decrease as more users adopt and market cap increases.

2.  Store of value vs a medium of exchange. This is similar to supply and demand. Holding on to bitcoin vs using bitcoin as a medium of exchange thus circulating it.

3. Media. Yeah to some extent media does influence the price of bitcoin. A positive news brings with it an increase in price and even random criticism of bitcoin by billionaires/business magnates tend to affect the price a bit. Bitcoin is a global currency and any significant financial, economical, or political global event would affect its price.
847  Other / Politics & Society / Re: Do Love really exist ? on: June 24, 2017, 09:27:33 AM
If love did not exist then we would have been living in a dystopian brutally savage, barbaric and chaotic world where people would have no purpose, no happiness, just numb, devoid of everything, vacuum, an apt example would be a zombie. The last time I checked, we were still homo sapiens, not homo necrosis.

Hatred has taken over almost every where in the societies in recent time whether in the  family, Church, Musqe, office, play ground, school, among young and old people. All of this that happen in our societies made me wonder whether LOVE exist. This is because if you check the meaning of love you will agree with me that love doesn't exist anywhere.

Love does not exist in this world, the world has always been ruled by hatred

The people are interested... people Just think of money


If love did not exist and the world has aways been ruled by hatred, we would have never evolved, how could a civilization progress with just hatred, we would have been long extinct if that was the case. This just does not make sense no matter how you put it it or think, just illogical. Just thinking of money is called love of money.

Yeah, there is a shortage of humanity in this world now, but that does not mean love does not exist.

According to science, both emotions, love and hate originate from the same part of the brain, both are an all-consuming emotion, love is not judgemental and less critical but hate is judgemental and acts up on that judgement.

Quote
Darkness cannot drive out darkness; only light can do that. Hate cannot drive out hate; only love can do that.
- Martin Luther King, Jr.
848  Alternate cryptocurrencies / Altcoin Discussion / Re: A Stellar Reason to Own Bitcoins This Weekend on: June 24, 2017, 06:39:27 AM
Holding Bitcoins is good. But this weekend it's even better than normal. That's because anyone with bitcoin is eligible to receive almost 1000 Stellar Lumens (current value about $40 USD) per bitcoin.

Details of the airdrop can be found here:

https://www.stellar.org/blog/bitcoin-claim-lumens-2/

https://www.reddit.com/r/Stellar/comments/6bhu05/everything_you_need_to_know_about_the_stellar/

The airdrop will be based on a snapshot of the Bitcoin blockchain with the first block mined on June 26 (UTC time). If you have BTC on several listed exchanges (such as Poloniex and Kraken) you will get your Lumens automatically is my understanding. Note that bitcoins loaned out on Polo for margin trading will not be counted, AFAIK.

Otherwise, you need to have your BTC in a wallet for which you can Sign to prove ownership. (You cannot do this with most exchanges and some online wallets). The first link above will cover the process for claiming Lumens with this path.

So if you were looking for another good reason or time to buy BTC, this might be it...



This post just reminded me that I had created a Stellar account in 2014. I forgot the password, tried the recovery phrase, but
Recovery has been disabled for this account. If I am right I had 5000 Stellar Lumens in my account Sad They had a promo at that time, open a wallet, get 5000 Lumens. Hope I would be able to recover it and exchange it to BTC Smiley

Quote
Why Facebook?
If you’re not using an exchange, then law requires us to ensure you’re not on the U.S. sanctions list or located in any of the restricted jurisdictions listed above. We’re using Facebook account verification to complete this check.

Stellar is a centralized platform, connecting banks with people and since they also have some regulatory restrictions on this program they need to verify Facebook data.

Quote
If you’d rather not share your Facebook information, you can still go through a participating exchange.
849  Economy / Service Discussion / Re: What is a good Bitcoin crowdfunding site? on: June 24, 2017, 04:25:20 AM
Hi!

I'm currently fundraising for an artistic and Bitcoin related project on Indiegogo:

https://www.indiegogo.com/projects/the-kitunguu-family-music#/

Because of the Bitcoin connection, I would also like to fund raise some Bitcoins. Is there a Bitcoin based crowdfunding site I can use for this?

If the Bitcoin connection is not appearant at first, see this video about my holiday in Bali, where I came up with the idea for The Kitunguu Family. You can also find this video under the updates tab on the Indiegogo page:

https://www.youtube.com/watch?v=gzKi6rw9n1E

Thanks!

// Micke

Quote
Kibera is often portrayed negatively in media, and we want to create a space where Kibera can find ways to express its own beauty. The Kitunguu Kitungu family will be a place for local and global creatives. Aspiring actors, artists, musicians and digital nomads can meet, share ideas, learn and be inspired by each other.

The artistic concept is good. Do you need to raise funds for the festival or to build Kitunguu family? It is mentioned that a festival would be organized around October and it would have similar vibe and similar activities when Kitunguu Family is built.

This is the only bitcoin related fundraising website I found, https://bithope.org/

I do not know about their campaign rules, but you can try adding this campaign and if they accept it, adding videos of festival or similar events that showcases why the fund is being raised might help it.

There are some active campaigns on Bithope and this forum itself has got a donation of more than 145 BTC, https://bithope.org/campaign/support-the-bitcointalk-forum. So give it a try. I do not think Ethereum platform would be suitable for this project.
850  Bitcoin / Bitcoin Discussion / Re: [BREAKING NEWS] Google Bought Blockchain.info on: June 24, 2017, 02:53:18 AM

WRONG News!

Please be serious, read the article. Publishing fake news doesn't help BTC. An investment firm related to Google has invested in blockchain.info, but that company remains independent.

Quote
Blockchain, a bitcoin wallet start-up, has raised $40 million led by venture capital firm Lakestar, Google's investment arm GV, and billionaire Richard Branson, the company said on Thursday.

Exactly. Even in the link itself it is mentioned Blockchain raised $40 million. Google's investment wing GV has invested in Blockchain not bought it. Blockchain would use the funds to expand it's team, invest in research and development, and open offices in different countries. Hope they would use some part of this fund to fix the bugs  and make the wallet more user friendly.
851  Economy / Micro Earnings / Re: Finding out if I have an additional account on: June 23, 2017, 11:08:05 AM
Is it possible to find out if I do have an additional account with Faucet Hub under a different user name?

That is kind of a funny question. So you have more than one account  in Faucethub. If you forgot your username, just reset the password using your email, you will get the username. Two accounts in Faucethub = two different emails. You can also search for Faucethub activation emails to get your usernames. For further help you can contact mexicantarget.
852  Economy / Economics / Re: bitcoin is a rat poison? on: June 23, 2017, 07:44:31 AM
****5*****

https://www.reddit.com/r/Bitcoin/comments/6iubil/warren_buffet_said_bitcoin_is_rat_poison/

This post in reddit is very controversial as different groups are arguing as to who is the person responsible for calling bitcoin as a rat poison. The debate is still going on as one side says that  Charlie Munger and the other parties said that it was Warren Buffet. I dont know what or whom to believe. So anyone among you who knows the real story and is willing to share who is the real culprit.

Quote
Host: We need to talk about Bitcoin in a minute. I can't wait to hear what Charlie Munger has to say about this. Let's bring in Charlie Munger, the vice chair of Berkshire Hathaway, Bill's gonna move over so you can come sit in. Good morning, Charlie.

Charlie Munger: Good morning.

Host: I just had to get your thought on Bitcoin, this... this... this digital currency that's out there that people say, oh it might be the next big thing. What do you think?

Charlie Munger: I think it's rat poison.

Warren Buffet: Put him down as undecided.

Host: Do you understand what they're trying to do with it?

Charlie Munger: No, but I regard it as deeply flaky.

Host: Deeply flaky, OK, Bitcoin - Bill, what do you think?

Bill Gates: I think it's a technical tour de force, but that's an area where governments are gonna maintain a dominant role.

Host: Bill, Warren?

Warren Buffet: I think either Charlie or Bill is right.

Host: Either one of those guys.

This statement was made by Charlie Munger about four years ago, it might have been somewhat controversial if he had said something like that now. But four years, just irrelevant.

https://www.reddit.com/r/Bitcoin/comments/1dx6rq/bill_gates_bitcoin_is_a_techno_tour_de_force/

http://video.foxbusiness.com/v/2359385547001/
853  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Last day I got ETH from unknow into my coinbase account? I withdraw them now on: June 23, 2017, 07:22:09 AM
what is law in this case ? can i go to a attorney for advice ?

It is not like your ETH was stolen and you want to go to the attorney. Someone mistakenly sent ETH to your account and you want to keep it by seeking an attorney's advice. I guess it would be a substantial amount. Your name suggests that you are from India, if you had submitted your documents to Coinbase I would suggest refunding the amount, even if you didn't have, I would suggest the same especially if it is a big amount. Rest is your choice.

https://support.coinbase.com/customer/portal/articles/2371899
854  Bitcoin / Bitcoin Discussion / Re: Amazon to accept bitcoin and litecoin as payments or not? on: June 23, 2017, 04:12:58 AM
https://cointelegraph.com/news/petition-requests-for-jeff-bezos-and-amazon-to-accept-bitcoin-and-litecoin-as-payments

Many bitcoin holders/shoppers are on the look-out for the result of the petition towards Amazon to accept bitcoin and litecoin in their mode of payments. A customer had forward a petition to the CEO itself in the person of  CEO Jeff Bezos containing the request.

But we still do not have the result and positive feedback coming from Amazon. Possibly the petition was junked and was retaliated by the company.

I read somewhere that Amazon is looking to create its own crypto, someone have heard anything about this?

Signed the petition, but I do not think Amazon would be adding cryptocurrencies as a payment option soon.

1. Volatility.
2. Lack of users.
3. Legality. If more countries start legalising bitcoin then Amazon might start accepting it.
4. Amazon coins.

Quote
Amazon Coin is a digital payment method created by Amazon.com. Currently, the coins can only be used to purchase software for Kindle, Kindle Fire, and Android devices from within an app or from the Amazon Appstore. Amazon has called Amazon Coins a "virtual currency". However, the Coins operate like other digital gift cards.

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

The functioning of Amazon Coin is similar to that of digital gift cards, but the concept is that of a digital currency so Amazon might consider bitcoin if the above three points change somewhat in the future, but for the time being I guess they are working on expanding their own digital currency.

If Amazon accepts bitcoin then it would be one of the best things to happen to bitcoin.
855  Bitcoin / Bitcoin Discussion / Re: Why BILL GATES do not USE Bitcoin? on: June 22, 2017, 04:42:23 PM
Hello,
I just want to know why Bill Gates do not invest some money in Bitcoin, he will be a very big contributor to the crypto world, and will also be very respected, he will also be able to become more rich (or less).
But what is the reason why he do not invest funds in cryptocurrencies?

If I go by Bill Gates opinion I would not call him a bitcoin enthusiast. He likes the technology behind bitcoin, but does not agree with non reversible and volatility.

Quote
"Bitcoin is an exciting new technology. Bitcoin is exciting because it shows how cheap it can be. Bitcoin is better than currency in that you don’t have to be physically in the same place and, of course, for large transactions, currency can get pretty inconvenient. For our Foundation work we are doing digital currency to help the poor get banking services. We don't use bitcoin specifically for two reasons. One is that the poor shouldn't have a currency whose value goes up and down a lot compared to their local currency. Second is that if a mistake is made in who you pay then you need to be able to reverse it so anonymity wouldn't work."

I do not know if he is investing in bitcoins or not. Bill Gates net worth is twice the entire market capitalization of bitcoin.

856  Bitcoin / Bitcoin Discussion / Re: Will the final number of bitcoins become a serious limitation? on: June 22, 2017, 12:35:22 PM
I had wondered about this possibility when I was a noob, 21 million limited supply, and then when all the bitcoins have been mined at least 20% would be accounted for lost coins and if a large percentage of people adopt bitcoins would there be a shortage? Nope, simply because bitcoin is divisible, up to 8th decimal point, 1 satoshi. So by 2140, 1 satoshi would be worth a lot than it is now. Limited supply is why bitcoin is compared to gold, store of value.
857  Economy / Web Wallets / Re: which is the best? Blockchain or Coinbase. on: June 22, 2017, 09:18:09 AM
Hello guys! which site is the best for using bitcoin. Smiley But i have account in two sites. But i don't know which site is the best. which site you like most. But most time i think Coinbase is the best. Because it has three coins of addresses. Such as Bitcoin, Ethereum and litecoin. Smiley

Blockchain wallet is a bit buggy and only supports bitcoin, no alts, but as a wallet I would prefer blockchain over Coinbase because you can be sure that your account would not get blocked or banned with funds. In terms of security also, blockchain is good.

But apart from being a wallet Coinbase have buy/sell option and their merchant services are popular so people who prefer these would use Coinbase. But as a bitcoin wallet blockchain is better.
858  Bitcoin / Bitcoin Discussion / Re: Cold storage vs Paper wallet on: June 22, 2017, 08:04:35 AM
Which one do you prefer?

Cold storage is when private keys are stored in a secure offline environment and paper wallets are one of the means to achieve it. I am assuming that your definition of cold storage involves using vault facility of third party websites like Coinbase and Xapo to store bitcoins. These sites claim to keep 98% of stored bitcoins offline, but still it is not worth trusting them with a substantial amount.

As far as cold storage is concerned, hardware and paper wallets are the best option. You can also use a dedicated offline computer to store your bitcoins, but it is less convenient and require some technical knowledge.
859  Bitcoin / Bitcoin Discussion / Bitcoin and Legal Marijuana on: June 22, 2017, 05:38:44 AM
Cannabis for recreational (9) and medicinal purposes is legal in 29 states in the US, but the federal system still considers it as illegal and because of this pot industry is facing a crisis since banks have refused to offer their services to pot merchants. Marijuana sales totaled $6.7 billion in 2016 and the industry is expected to be worth $50 billion annually by 2026. Pot merchants are now opting to deal in bitcoins rather than cash and two startups, POSaBIT and SinglePoint have made this process easy. POSaBIT allow users to buy weed using bitcoin through their credit/debit card.

Quote
Trove Cannabis, one of the Washington stores using POSaBIT, sold $3 million of marijuana last year — in cash — and does close to 3,000 transactions weekly. Trove became a POSaBIT customer in February after being on a waitlist for six months, according to Yin-Ho Lai, Trove’s founder and chief executive officer. Since doing so, about 13 percent of customers have chosen to pay with credit or debit cards, Lai said, and those who do tend to spend more.

On the other hand, SinglePoint is working on blockchain technology to support cannabis transactions without much involvement from the banking system. They are also working on a potential ICO.

Bitcoin does have a bad reputation for its connection with dark web, but on the other hand, legal marijuna is one of the fastest growing industries in the US and bitcoin becoming a part of this growth would definitely be a boost for it.

http://www.thecannabist.co/2017/06/19/cannabis-industry-bitcoin-banking/81860/
860  Other / Politics & Society / Re: Why most terrorist are Muslim? on: June 22, 2017, 03:40:12 AM
Islamic terrorism has increased since 9/11, but before that if you look at the stats majority of terror attacks were committed by non-Muslims.

ROFL. Really? Could you give me some proof for this claim? So before the 9/11 attacks, most of the terrorist attacks were being committed by the Christians and the Hindus? Could you please provide me with a list of these attacks? On the other hand, I can give you another list, here:

https://www.thereligionofpeace.com/attacks/attacks.aspx?Yr=2000
https://en.wikipedia.org/wiki/List_of_Islamist_terrorist_attacks

If you had found the above link, there was this link just below it, https://en.m.wikipedia.org/wiki/List_of_terrorist_incidents

It would have saved your and my time if you had gone through it.

I guess you are from Nepal, it might be helpful, https://en.m.wikipedia.org/wiki/Category:Terrorism_in_Nepal

Nepal Janabadi Morcha, Maoists, Communist party of Nepal according to you are Muslim organizations, right?

The Babri Masjid and Godhara incident were carried out by Muslims only, right?

World wars, Nagasaki bombing, Vietnam war, list goes on, all these were carried out by Muslims, right?

War is just terrorism with a bigger budget.

Have you ever heard of Buddhist terrorism?

Just a simple advice, before ROFLING you should do some solid research in favour of your argument or you are just laughing at yourself.

Terrorism has no religion and terrorists can be found in each and every religion.

because big countries and Russia and U.S.A are killing Muslim people for a several years and destroying their houses, many of innocent people were killed and now tortured people are trying  to repay for this.

Russia and the US are not sending their troops to the Muslim nations to kill them. The Muslims are killing each other without the silliest of the provocations. You can't put the blame on US/Russia, when you don't have the minimum commonsense to stay away from fighting.

And I was wondering what does this exactly mean?
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