Neither, because the 21 bitcoin computer is too expensive and most cloud mining sites are a scam in disguise.
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That seems way expensive for a computer that doesn't really do that much, even though it has some cool features.
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I don't trust the miners to make decisions that benefit the whole comunity and not just themselves.
I think that it will take a while before bitcoiners react to a problem like that. If they piss off the community, the coin that they are mining will be worth less and so they will be making less profit. It is in their interest to keep people (mostly) happy.
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All these new drones are really cool, but I think I'll wait until more are developed and the price goes down.
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Humble Bundle used to accept bitcoin too, until they stopped accepting it. Disappointing.
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I don't trust the miners to make decisions that benefit the whole comunity and not just themselves.
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So what is the general consensus of buying bitcoins? I still use circle and am worried about this... I would prefer to use exchange sites like local bitcoins, but they don't have any users in the town I'm in currently I use coinbase in the US, I don't trust circle yet, they haven't been in business long enough.
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I agree with everyone else here, drama is pretty much a year round part of bitcoin.
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All the manipulating to make a profit
Hopefully as the market cap goes up, manipulation will become more and more difficult.
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Come to think of it, bitcoin at tap-to-pay stations would be fantastic and I think it's well suited for that kind of technology.
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I agree that it's possible in the next couple years, but for now I don't see people moving away from bitcoin just because bitcoin was where it all started.
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I don't like this, we're giving Circle too much control, espeically with how close they're tied with government regulations now.
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So bitcoin is:
IRS: Property CFTC: Commodity Judge: Currency SEC: Security TSA: Cash
Yeah this just pisses me off. It's whatever's more conveinient for the government to prosecute whoever is using it.
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Honestly I think it will be pretty difficult for bitcoin to become mainstream. It's not very user friendly.
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It's not like Wall Street would want to use monero for any reason because why should they care about the anonymity of the transactions, and I wouldn't really see Wall Street wanting to put it in the market because, well, they want to keep S & P all fiat based.
Pretend you and me want to enter a contract that neither of us can back out of, and that we want to keep totally private until a later time. For example, pretend that we are both mega-entities that believe the price of a certain asset will move soon. I think it will go up, and you think it will go down. We know that if the public knows that we are betting it will change the outcome because the public will take sides. At a later point, we want the ability to reveal the existence and contents of said contract in its entirety, but also need the security that no one will discover its existence before we choose. The answer is Monero. That may be the answer, but you have to convince these megacorps to use this in the first place.
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I hate threads like this because this is the reason people still assosiate bitcoin with only illegal activity.
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How do we know the credit cards are yours and not stolen? Weren't there sites like this before, I think bitsumo comes to mind.
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Let's see, do I want human body parts to be traded like used auto parts in any currency. I agree with you here, but I also think that bitcoin should not be regulated. More regulation is the same as more government control.
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I don't think so, it's very simple.
I'm curious, what do you think is simple about it? I suppose once you take away the technology behind it, it can appear simple.
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I don't like the idea of connecting a bitcoin wallet with IFTTT. So much could go wrong there. Maybe if it had only read-only access.
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