I think the way this scam work is as follows. You "manage" the wallet from your computer <IP address> and he is taken out of the loop, when people start looking for him. The IP address and all other information that can be traced, will point back to you and his hands will be clean. Why would I willingly give such sensitive information to somebody I hardly know? Another possibility is that he is using a service that only allows one entry/account from one IP address and you are providing him another entry/account from your IP address. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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This forum is a community of people with a similar interest, namely Bitcoin. If you participate in the daily discussions and you contribute constructively, then you would be helping the community. A constructive post will add a lot of value, not just for the community, but also for people who Googled something and ended up here. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) So the bigger picture is, to add value to everyone that wants to learn something about Bitcoin. We are building a valuable source of information about the technology that we love!
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Your Fiat currency is under more attack than most people think. You have to deal with counterfeit currencies and also with ATM scammers and pickpocketting. The criminal element will always be there, no matter what currency you use. As long as something has value, it will be a target for these criminals and we should just accept that. Currently more Fiat currency are stolen and hacked than most bitcoin hacks combined, so deal with that.
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In the end it boils down to trust and ease of use and nothing else. The average consumer wants to trust the platform where they will be making large trades. <The government backing and some centralized organization with consumer protection, is what they are used to> They also want a easy to use platform. Most of these decentralized exchanges are way too complicated for the average consumer to understand. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) Solve the trust issue and make it easier to use and people will flock to those services. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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I predicted that we will have this kind of Betamax vs VHS scenario in the future and the longer this is drawn out, the bigger the impact will be. Knowing this, we should learn from what happened with Betamax vs VHS and in the end accept that the supporting industry would decide what the consumers will use. <Most of them do not know the difference> ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) A consortium of supporting services will decide on one of the implementations and the consumers will follow. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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Bitcoin is not waiting for some government bureaucrat to determine it's future. They have a choice, accept it or we go underground with it. This has happened many times before with things like liquor and tobacco and look at where those industries are today. Bitcoin anonymity just make it easier to take this technology to the Black markets. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) So, they accept it and they get the tax benefits or they deny it and turn it into a tax avoidance technology. ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif)
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Global Bitcoin marketing has been a controversial subject for a while, because nobody wants to foot the bill for that. The Bitcoin foundation was supposed to market Bitcoin, but we all know what happened with those funds. The bigger players in the Bitcoin scene are using their marketing budget to market their own services and products. The only Bitcoin marketing that are done now, is being done by volunteers and some word of mouth marketing.
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I always find it funny how people want to predict the price, based on previous trends. People should know by now that price analysis, based on previous price movement has no value at all, because there are simply too many variables to take into consideration , to predict the price. The anonymity factor also throws a spanner into the works. Bitcoin is not the average trading asset, where you use traditional tools, to analyse the price trends. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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The believe comes when these people find better solutions for old outdated technologies or when they are forced to use other alternative technologies, when all other methods are being blocked. Take for example the blocking of payments to Wikileaks and also BackPage by credit card companies. <People were forced to use other alternative payment options like Bitcoin to continue supporting a good cause or to use some service.> Once they see this, they start to believe. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Now there are really a lot of people who are ready to succumb to panic. But it will be a big mistake.
Actually the oldies do not derive any pleasure in seeing the newbies suffering with the fall in the market prices of the coins they invest in. They are happy just because they are safe. They would rather appreciate newbies to invest further because ultimately as the demand for the coins rise, it pushes up the values in the market and ultimately add to the worth of the portfolios owned by the oldies already in the market. You would pretty much be a huge a$$hole, if you derive pleasure from other people's losses. I just ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) when I see these newbies running into walls, every time the price drops with $100. We have all been there, so it is not a reason to laugh at these newbies, but rather an incentive to help them to learn from our mistakes. It gives me pleasure when they do not listen and I get to buy all these cheap coins that are being sold for a bargain. Who can turn their back on a good bargain?
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Do we have some kind of redundancy or backup plan, if Wladimir's release signing key is compromised? I know some other people had commit access back when Gavin's access was revoked, so I presume that some of the other Core developers have the same "rights" / keys to sign releases, if Wladimir's key is compromised or if he turns rogue. ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) We know some governments can go to extremes to push out the competition or to maintain their power. <Putin is a good example> ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) Huge responsibility and risky position to be in, so I know it is a sensitive subject. ![Lips sealed](https://bitcointalk.org/Smileys/default/lipsrsealed.gif)
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I could never see the point behind a blanket ban on all Crypto currency related Ads. Take a selective group of employees and identify the good services, from the bad services and only allow Crypto currency advertisements that are reputable and legitimate. Yes, I agree some advertisements for "bad" services must be banned and it will even be beneficial for Bitcoin if it was banned. Also, a good customer review and reporting service will help to curb some of the scams that are doing the rounds. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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Bitcoin anonymity is for hackers, scammers and criminals, terrorists also. They will run away after the crime.
Yes, until they use the wrong mixer service or until one of these services reveals their identity. The governments and counter security agencies are not sitting on their hands, they employ highly skilled hackers too, to stop these people. This is why I find it stupid that hackers would want to hack these exchanges, not knowing what services they can trust and what not. Just imagine what will happen when these hackers find out that all tx's can be traced. <somewhere in the future>
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Swift has been around for ages and it is definitely not suitable for the fast paced lives of people today. Why do you want to wait 1 to 2 days for inter Bank settlements, if your cross border transactions can be done in 10 minutes. ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) This is probably why some Banking groups like R3 are working on their own inter settlement payment network and why some Banks are riding the Blockchain hype. <Some Alt coins like Ripple are just too keen to bend over for these Banks.> ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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Bitcoin is different than most other new technology, because it is disruptive. When you do something better and faster with a new technology, you disrupt the previous technology, by being more cost effective and also being more efficient. A lot of other newer technologies are simply a new craze and it does not disrupt any other technologies. Take the remittance services as an example, because Bitcoin can do cross border payments faster and cheaper than it's competitors. ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif)
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Yea, eventually all governments that are using Fiat currencies, will fail and they will not be able to build the fence to stop people from using Bitcoin or some other Alt coin. Bitcoin was designed to be unstoppable and we are seeing several fruitless attempts by governments to stop it. The adoption will grow, because of their failure and not just about the success of Bitcoin. The problem is most people does not recognize their own governments failures or they are to scared to challenge them. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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I do not like it when people cherry pick some random times and dates to proof a point, but this one is an eye opener. I hope we can build on that price trend for 2019, but I have a strange feeling that it might be the end of that curve. We will either have a lower price in 2019 or a much higher price than any previous years. Let's keep our fingers crossed and hope for the best. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Bitcoin has a strange habit of surprising people, when you do not expect it.
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Well, if you want to make a statement like this, rather try and work out a global average cost of mining. You are a miner, so you should know that the price differ drastically between continents and in some countries the electricity are subsidized. (Chinese miners) I am taking a wild guess here, by saying that a more realistic global average would be more like $2000 per coin. ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) So, it is still very profitable for a lot of people to continue mining in a lot of countries. ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif)
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They say AI is advancing greatly but I'm not convinced, most bots will still be bound to automated scripts and google should be able to avoid that. I think they also want to avoid inconvenience as its a standardised system
I'm not convinced that anything as sophisticated as AI is required for reCAPTCHA, I've been told they break it with good old fashioned brute force. Even with that being the case it is still the best captcha available at the moment. In some instances it is actually too good, because it beats me some times. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) In more than one instance, I had to re-do the Captcha 2 or 3 times, because it wants me to skip it and then re-do it again. I also get some funny things with it, when I use it over a link with low bandwidth. ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) I can see how AI would struggle with solving reCAPTCHA, so this is a good bet to use them.
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