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just create a new address every time you have to receive funds from somone.
the freshly created address will show up as an empty wallet on the Blockchain, this way no one will ever see your previous transactions
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The site http://mark-karpeles.com/ that analyzed the leaked MtGOX logs has been shut down by the owner. It seems that certain Mysteries are not meant to be revealed to Man.  does this mean we won't get to find out who the best trader was?  |
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  on the long trem view coins look pretty cheap right now on the short term view coins are looking a bit pricy pretty sure this a a buy and hodl signal |
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Dear Mr Buffet, you should read this: bitcoin is:
1. Scarce
2. Durable
3. Portable
4. Divisible
5. Impossible to counterfeit
6. Fungible ( any 1 BTC has the same value as any other )
7. Easy to keep safe ( contrary to popular belief, it easy to print out a paper wallet...)
8. Shiny ( yes the digital bits that make up a bitcoin are VERY shiny)
9. all of the above. + very shiny
Fiat is:
1. Definitely not Scarce, ( mage inflation in the money supply is monumental )
2. Not Durable
3. NOT Portable... compare it to bitcoin, ( try sending 1 million dollars across the globe, try sending 10 cents. then try again but with bitcoin AHhhhh you starting to get it now eh )
5. Impossible to counterfeit LMAO
6. Fungible... ya maybe...
7. Easy to keep safe? ya all it requires is huge banks, and even then.... the only reason it works is the fact the government has no problem printing (out of thin air ITS MAGIC!) as much money as they need to be solvent any time they need it, you do know what a bailout is right?
8. Shiny? Its has cocaine all over it so no... not shiny
the only thing that fiat has going for it is that its widely accepted, for now!
the markets need not care about your lack of understanding. |
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poeple need to be prepared to answer why its better then fiat. the naysayers say things like "a currency has to be back by the full faith and credit of a government" the appropriate response to that is " bitcoin is backed by all the poeple who chose to use it... it has value because it has specific properties that make it desirable bitcoin is:1. Scarce 2. Durable 3. Portable 4. Divisible 5. Impossible to counterfeit 6. Fungible ( any 1 BTC has the same value as any other ) 7. Easy to keep safe ( contrary to popular belief, it easy to print out a paper wallet...) 8. Shiny ( yes the digital bits that make up a bitcoin are VERY shiny) 9. all of the above. + very shiny Fiat is:1. Definitely not Scarce, ( mage inflation in the money supply is monumental ) 2. Not Durable 3. NOT Portable... compare it to bitcoin, ( try sending 1 million dollars across the globe, try sending 10 cents. then try again but with bitcoin AHhhhh you starting to get it now eh ) 5. Impossible to counterfeit LMAO 6. Fungible... ya maybe... 7. Easy to keep safe? ya all it required is huge banks, and even then.... the only reason it works is the fact the government has no problem printing (out of thin air ITS MAGIC!) as much money as they need to be solvent any time they need it, you do know what a bailout is right? 8. Shiny? Its has cocaine allover it so no... not shiny the only thing that fiat has going for it is that its widely accepted, for now! " in short:  for #5 "Impossible to counterfeit" does that even apply to fiat given the fact that it is, relatively easy to counterfeit, and in essence, counterfeited into existence?   |
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poeple need to be prepared to answer why its better then fiat. the naysayers say things like "a currency has to be back by the full faith and credit of a government" the appropriate response to that is " bitcoin is backed by all the poeple who chose to use it... it has value because it has specific properties that make it desirable bitcoin is:1. Scarce 2. Durable 3. Portable 4. Divisible 5. Impossible to counterfeit 6. Fungible ( any 1 BTC has the same value as any other ) 7. Easy to keep safe ( contrary to popular belief, it easy to print out a paper wallet...) 8. Shiny ( yes the digital bits that make up a bitcoin are VERY shiny) 9. all of the above. + very shiny Fiat is:1. Definitely not Scarce, ( mage inflation in the money supply is monumental ) 2. Not Durable 3. NOT Portable... compare it to bitcoin, ( try sending 1 million dollars across the globe, try sending 10 cents. then try again but with bitcoin AHhhhh you starting to get it now eh ) 5. Impossible to counterfeit LMAO 6. Fungible... ya maybe... 7. Easy to keep safe? ya all it required is huge banks, and even then.... the only reason it works is the fact the government has no problem printing (out of thin air ITS MAGIC!) as much money as they need to be solvent any time they need it, you do know what a bailout is right? 8. Shiny? Its has cocaine allover it so no... not shiny the only thing that fiat has going for it is that its widely accepted, for now! " in short: for #5 "Impossible to counterfeit" does that even apply to fiat given the fact that it is, relatively easy to counterfeit, and in essence, counterfeited into existence? |
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try sending 1 million dollars across the globe I've just tried, and it doesn't work: I don't have the million!  try 10cents then |
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this new exchange coming up is a mega bullish news, hopefully few more spring up here in the states Wow... it's not often you see a media discussion that's dominated by Bitcoin bulls teaming up on one skeptic!  if it was me i'd make that bear cry and have him begging me to sell him a 1/10th of a bitcoin for 100$ |
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poeple need to be prepared to answer why its better then fiat. the naysayers say things like "a currency has to be back by the full faith and credit of a government" the appropriate response to that is " bitcoin is backed by all the poeple who chose to use it... it has value because it has specific properties that make it desirable bitcoin is:1. Scarce 2. Durable 3. Portable 4. Divisible 5. Impossible to counterfeit 6. Fungible ( any 1 BTC has the same value as any other ) 7. Easy to keep safe ( contrary to popular belief, it easy to print out a paper wallet...) 8. Shiny ( yes the digital bits that make up a bitcoin are VERY shiny) 9. all of the above. + very shiny Fiat is:1. Definitely not Scarce, ( mage inflation in the money supply is monumental ) 2. Not Durable 3. NOT Portable... compare it to bitcoin, ( try sending 1 million dollars across the globe, try sending 10 cents. then try again but with bitcoin AHhhhh you starting to get it now eh ) 5. Impossible to counterfeit LMAO 6. Fungible... ya maybe... 7. Easy to keep safe? ya all it required is huge banks, and even then.... the only reason it works is the fact the government has no problem printing (out of thin air ITS MAGIC!) as much money as they need to be solvent any time they need it, you do know what a bailout is right? 8. Shiny? Its has cocaine allover it so no... not shiny the only thing that fiat has going for it is that its widely accepted, for now! " in short: |
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I ♥ BTC
that is all.
carry on.
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LTC to tha moon, why? Any reason for this?
Supposedly being added to Huobi. Wasn't it added last week and everybody was saying chinese market is death because nobody even buys ltc? This is starting to sound like when mtgox was "soon to add LTC" ltc pumpers need some get some new material  |
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I'll say it again, and probably every day until Adam agrees, we will remain in hibernation until total bid sum begins to steadily increase.
depth is meaningless it's just a tool used to manipulate. when the cheap coin accumulation is done, price is 1000 and bid sum is increasing rapidly, then its a good time to buy? ....it probably will be safer to buy at that point, you'll be buying into the 10K/BTC pump but i like to think i can spot a good entry point b4 it becomes obvious  |
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Is now one of those moments i will be kicking myself later if i dont buy?
I doubt it. Seems like big buys are moving the market up. not very organic growth. the buyers probably want to see if they can get the lemmings to join in then hammer it down come friday/sat. rinse repeat. So it's either a low volume melt-up or big buys that aren't organic. What would qualify as a bullish signal to you? In Feb the new market participants absorbed the bulk of profit taking / panic selling, now they are fighting over random 200BTC scraps that come along while trying not to push price to high just yet, because cheep coin accumulation. Why would someone buy 2K+ of bitcoin in one bite at this time unless they wanted to influence this tiny market? Surely they could spend 2-3 minutes a day buying 100-200 btc increments and save a nice percentage because their average cost could possibly be under 625-630? because billion > million |
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Is now one of those moments i will be kicking myself later if i dont buy?
I doubt it. Seems like big buys are moving the market up. not very organic growth. the buyers probably want to see if they can get the lemmings to join in then hammer it down come friday/sat. rinse repeat. So it's either a low volume melt-up or big buys that aren't organic. What would qualify as a bullish signal to you? In Feb the new market participants absorbed the bulk of profit taking / panic selling, now they are fighting over random 200BTC scraps that come along while trying not to push price to high just yet, because cheep coin accumulation. |
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 yup its offical. i drew some lines |
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I just come back from the bank. pretty sure they have no clue what they are doing. CCMF
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Dogecoin will survive.
On another note. I am starting to get sick of these price ranges of BTC.
Lets get some action.
once that meme popularity is over the dogecoin will die hard, kids jumped on only because of the meme is familiar to them, the price went up then other people saw an opportunity to make some some profit, everyone will get sick of that meme, there is no technical improvement or a new feature or anything that can keep that coin going. no development whatsoever. marketing with that meme thing was a great idea but we all know that wont last so long I believe in DGC. I jumped on because of the huge community. I believe it is second only to Bitcoin right now? Not really worried about the current crash. It has been this low before and I just hit myself for not buying in time. It will be alright long term. if you have dog related expense buying dome dogecoin is not a bad idea, for cat lovers we have catcoin. |
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I'm starting to think this isn't a repeat of 2013 and we are going for a triple bottom.
This is like nothing we have seen before. triple bottom seems unlikely. 400 feels pretty far down now not like when we were all freaking out about mtgox possible insolvency, or the chain bitcoin ban days after the bubble had official popped. pretty sure it goes up from here. did you hear ebay will soon have a BTC/PPUSD conversion machine?  |
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The bitcoin corporate miners have centralized a decentralized experiment. That's how life rolls. Move on.
what makes bitcoin decentralized is the fact that i can generate a valid public / private key pair on my own and send funds to it without consulting a central authority. large mining pools are not a problem large solo miners are not a problem if anyone big miner doesn't play by the rules that the majority of the network sees fit, the network will simply ignore his blocks regardless of his hashing power even if it was true that smaller scale mining projects are unfeasible, this doesn't mean bitcoin is centralized. and the fact is there are many many many small medium and large scale miners, so your statement is false. |
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