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I really think Crypto exchanges need to have a lot more regulation to protect the users. What we see it that have a lot of regulations to protect themselves, but when it comes to customers protection, we see what we see...
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Anyone knows a specific date to when the Ethereum PoW phase is going to end? Do you guys think it will have a big influence on the prices?
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I guess that everyone who believes in this new technology is hoping that someday Bitcoin becomes stable. Sure, for now, all this volatility makes it great for trading. But if Bitcoin is to succeed as a currency it needs to become stable.
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Venezuela currently stands as one of the countries where Bitcoin has been embraced to a very large extent. The world should expect a Bitcoin revolution out of the most populous black nation in the world. A curve that is developing in Nigeria points in the same direction as what is happening in Venezuela, maybe to a lesser extent, though. Link: http://www.valuewalk.com/2017/02/nigeria-following-venezuelas-bitcoin-trend/Nigeria is following the footsteps of Venezuela and has started to be engage in bitcoin business. The Central Bank of Nigeria has seen merits on the use of bitcoin and is now conducting a study on it. With it people are encouraged to buy bitcoin since even the central banks itself has appreciated bitcoin. Sooner or later Nigeria and Venezuela will be one of the countries that has more people using bitcoin. Nigeria is adopting Bitcoin but not in the same way as Venezuela. The two countries are driven into bitcoin by completely different reasons. While Venezuela is driven by an economic crisis followed by aggressive capital control measures implemented by the government in order to seize the people's wealth and to ensure that wealth doesn´t leave the country. In Venezuela, bitcoin acts much as an escape to a terrible and constant devaluation of the national currency while acting as a tool for international transactions as well. In contrast, what we see in Nigeria is a completely different case. Although the adoption of Bitcoin has been driven mainly by Ponzi schemes and other HYIP schemes and scams, contrary to what happens in Venezuela, the Nigerian government seems to be pretty supportive and shows real interest in Bitcoin. i think your point often means Venezuela has less fraudulent cases regarding bitcoin?  i know that place is issuing a larger denominations of banknotes like 10000, and they decided to adopt bitcoin. That's one point of view. But what I really mean is that in Venezuela bitcoin is being adopted under a criminalization law, while in Nigeria its adoption even has the government support. |
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We don't need more poor countries to swarm in to the network but we need more merchants to trade premium goods for bitcoin, we don't need more mining farms, we need more people running nodes to keep the network decentralized, I have said it many times that bitcoin is in the open for anyone to grab as an opportunity to escape corruption of banking system.
That's a strong point! We seriously need to keep the network decentralized. And today, the biggest threat is the mining conglomerates, so in order to maintain decentralization, we need to have more and more people running nodes. However, that is the only incentive, to keep the network decentralized. IMO, we need to develop a mechanism to reward those running Nodes. |
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Venezuela currently stands as one of the countries where Bitcoin has been embraced to a very large extent. The world should expect a Bitcoin revolution out of the most populous black nation in the world. A curve that is developing in Nigeria points in the same direction as what is happening in Venezuela, maybe to a lesser extent, though. Link: http://www.valuewalk.com/2017/02/nigeria-following-venezuelas-bitcoin-trend/Nigeria is following the footsteps of Venezuela and has started to be engage in bitcoin business. The Central Bank of Nigeria has seen merits on the use of bitcoin and is now conducting a study on it. With it people are encouraged to buy bitcoin since even the central banks itself has appreciated bitcoin. Sooner or later Nigeria and Venezuela will be one of the countries that has more people using bitcoin. Nigeria is adopting Bitcoin but not in the same way as Venezuela. The two countries are driven into bitcoin by completely different reasons. While Venezuela is driven by an economic crisis followed by aggressive capital control measures implemented by the government in order to seize the people's wealth and to ensure that wealth doesn´t leave the country. In Venezuela, bitcoin acts much as an escape to a terrible and constant devaluation of the national currency while acting as a tool for international transactions as well. In contrast, what we see in Nigeria is a completely different case. Although the adoption of Bitcoin has been driven mainly by Ponzi schemes and other HYIP schemes and scams, contrary to what happens in Venezuela, the Nigerian government seems to be pretty supportive and shows real interest in Bitcoin. |
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Just saw this video https://www.youtube.com/watch?v=Jgau2BKTHbk where AI bots are beating professional Poker Players with real money on the table. Just a thought : What if a bitcoin gambling site has such powerful bots to play against users in the most fair way possible ? Jackpot for the house I'd say! Your thoughts ? I do believe that most of Poker sites have a lot of powerful bots in place to make sure the house always has an advantage. Even the are normal bots they will give a big edge against the player and house will surely increase their profits. So, I do think that most online gambling sites are pledged with this sort of software in order to make them profit even more |
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I actually don't think Bitcoin will always be the number one. Sure, it has been since 2009, but its limitations will probably be its doom. So, I do believe that someday another coin with improved features might take its place!
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Yeah... it should die a couple of times more this week alone... I've got to the point that I know think that Bitcoin is a Zombie currency  |
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Hey aren't you looking to post the thread in different languages? If so, I can do the portuguese and Spanish translation. PM me if interested!
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This projects looks very interesting. I would like to cooperate and translate the thread to Portuguese. Are you still looking for someone to do that?
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I would be interested in posting all the Bitcoin related Business in Portugal.
Can I post all the business for my country or should I select a specific city in my country?
you are confirmed to post all listings for portugal. when posting a listing you do need to select a specific city and address of course Ok Thanks. I Just registered my account at Bitlistings with the same Nickname! I will start posting them as soon as I can! One question, do we really need to add an image to every listing? |
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Common man... with a newbie account and without even offering escrow do you really think you will get someone in his right mind to work for you? PLUS --- for 10 000 captchas in 3 days you are offering a lousy payment
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AH.... AH.... AH... AH...
So pricking'funny... I guess you would be good to perform as a stand up comedian. Those who don't make people laugh
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This is a bit of an absurd... Of course it was Satoshi Nakamoto the true creator of Bitcoin or do you believe it was the impostor Craig With???
The question should be... Is Satoshi Nakamoto an entity or an individual?
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I would be interested in posting all the Bitcoin related Business in Portugal.
Can I post all the business for my country or should I select a specific city in my country?
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The transactions fee cost is going higher and higher because of the ever increasing of the number of transactions. Everyday the number of bitcoin transactions is increasing and the network is not prepared to handle such a big number of transactions. So in order to make sure the transactions go through, users are paying for higher fees. The only viable solution to this issue for now is increasing the Block size in order to fit a lot more transaction in each block, but it seems that this can cause all sort of new attack vectors. That’s why it is still not implemented and that’s why many of the community members do not agree with it.
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Basically, governments are already accepting, or are or have been conniving with Bitcoin. The thing is, they are already studying how they are going to tax it and how they are going to deal with other issues such as money laundering. Other than that, it is possible that many governments will introduce their own digital currency and set a whole set of constraints on Bitcoin.
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I know the PoS phase is going to start, but does this mean that the PoW will end? if so, when is this going to happen and what are going to be the market effects?
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Thanks for the answers guys. But now I have another one.
I know that there are other alternatives to the block size increase namely, the Lightning Network and the Falcon Net, or Side Chains... Since this issue with the Network capacity is increasing, and even though Satoshi himself proposed a block size increase, and it seems this creates new attack vectors, shouldn't we be using these alternatives?
I mean, the fees are increasing which can affect the adoption so, shouldn´t we be going for these alternatives?
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