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941  Bitcoin / Bitcoin Discussion / Re: How do you feel about the negative reputation of the bitcoin currency? on: November 19, 2015, 09:28:34 AM
Well I don't fell anything yet, Because I don't have bitcoin.

Do a high probable favor to yourself. Take the money of one of the coffees you take with your friends every day. So take a coffee less in a day. Leave without eating only one of the lunch taken out of home with your family within a month. So eat in you home and not in a restaurant. Then don't go at the cinema with your family to see movies for only one month (there must be four or five times accepting that you see a movie every weekend). If you will do so for sure will have the money to buy 1 bitcoin. Do the above things and with the saved money from the above actions buy 1 bitcoin. Put it in a wallet and forget about it. Remember about it after 20-30 years. If not you (if your are already old) but your children. You (or them) will have with the change of it all the needed money to do all the thing i mentioned above. Not the missed ones but for all those for a full year. At least those.

Imagine what you can do if you will have more than 1 bitcoin.
942  Bitcoin / Bitcoin Discussion / Re: Russia Proposes Jail Sentence for Bitcoin Activities on: November 19, 2015, 09:05:52 AM
I don't really understand why they want to stiffle digital currencies. It would be a great tool for Russia to surpass a lot of sanctions.

You are in big wrong. Russia is not at all against the digital currencies. It is against bitcoin. That's a very different thing. Russia have fear from bitcoin and invent excuses to ban it. The Russian Authorities have fear because the Russians, seeing the weakness of its national money, will choose bitcoin to use and hold their capital. This can damage further their economy already in crisis. As for Russian Authorities hate against digital currencies read well the below article when is written that, according to various rumors, Russia is preparing to create the (digital) bitruble.

http://cointelegraph.com/news/115302/russia-to-create-bitruble-a-state-run-digital-currency-for-2016
943  Bitcoin / Bitcoin Discussion / Re: Bitcoin-Credit Card on: November 19, 2015, 08:52:12 AM
I am not sure if we need something like bitcoin card currently. Everything seems easy and secure.
Cards will make it unsafe.

First needed in order to have the possibility to buy things out of internet. There are to many things that needed to be bought out of internet or are to many the people which don't feel secure when use their credit cards at internet. For such kind of things needed the bitcoin card. And then why can be unsafe? If the service is build as it is needed from the card provider the bitcoin card can be very safe. My actual credit cards allow me to assign the limit which can be used in internet. If I want to use it in internet change before the limit (increase it in the amount i want or I need), use it and then make the limit again zero. Even if someone has all my data of my credit card can't do nothing with those. Then if my credit card is stolen (and even if the thief can know my pin) I can block my card within minutes by calling the call center of my bank. If the bitcoin card can offer such services I don't see any risk in this kind of cards.
944  Economy / Gambling discussion / Re: Dice game strategy? on: November 19, 2015, 08:35:19 AM
haha my strategy was i after i win, i wait for 2 minutes or so then do it again one the same side.my luck is always bigger that method because i mostly win. up until now i have .0082

If you will play betting with 1 satoshi every round that's ok. But attention in the moment when you will (if) bet 2 satoshi. If you will do this you will lose for sure. This amount will be always bigger and bigger and one day (again) for sure you will lose all your winnings. Then you will play with your money to win the money you have lost. And it will be another in the days to come your will lose even your money. No one can win against the casino or the online gamble site in long term.

People can win, and it does happen.  It is just highly unlikely.  There is a huge difference between the two things you are talking about.  By your logic, it is impossible to win the lottery, even though someone wins it almost every day.

You haven't understand at all what I am write. I haven't told (or write) never that cannot be won gambling or at casinos. If this it will be true no one will gamble never because everyone will see himself that no one win and have no meaning to gamble or to play any kind of games at the casinos or at online sites or in a lottery or bingo or whatever can be the kind of gamble. The same thing worth even in the case of the lottery.

I have told (wrote) always that if you continue to play for to much time in a casino or online gamble site even if you can win all the money of casino you will lose those again all those because you will continue to play to win more or for fun and will lose all (with big amounts because have to much money or with few amounts, which is the same but will needed more time to lose all). In long term the casino, the owner of lottery the owner of online gambling site or every kind of gambling thing win. Always. This is that I tell always. Have no one strategy or plan or everything else which can go out of this law.
945  Economy / Economics / Re: Do You Think Bitcoin Will Replace Dollar Soon? on: November 18, 2015, 06:13:35 PM

First of all because there are not enough bitcoin to cover all the needs of the economy of such kind of super-country.


The number of units converges to 2.1 * 10^14.  How is this not enough?  You need more divisibility?  Then start trading micro-satoshi if you need to.  Anyway, economy has no hard need for exchange commodities.  We need food clothing and shelter, not bitcoin.  Where to begin here?   
Quote

If your New order will not merge the countries any country will accept to have such coin as a national currency for the simple reason (I am telling only one which is enough) because they cannot own it. And any country will accept to have as national currency a currency which don't own.

Go tell that to all countries that ever existed prior to 1971 when the grand fiat experiment was officially begun.  "No countries will ever allow their citizens to exchange commodities" wtf??!??  because Bush Sr. doesn't own all rice fields means we will never eat rice?   


Very short. Every economy grow continuously. Will continue to grow in infinite. Since the day the country exist. So forever. As I know there cannot exist micro-satoshi. But even can exist lets go at the point two. The rice is not money. And the money is not rice. have nothing to do with each other and cannot is possible to make such comparison in this case. The currency have to do with the security and stability of the entire economy of one country and an currency not own by the country can put in risk its economy.
946  Economy / Economics / Re: Do You Think Bitcoin Will Replace Dollar Soon? on: November 18, 2015, 05:41:43 PM
If the New World Order is coming, they would probably use Bitcoin as the global currency, and as a result this will replace old fashioned fiat currencies such as the dollar. Do you believe this would happen?  Roll Eyes

What do you mean with New Order? Anyhow, any kind of order can be this kind of order you mean this will not unite all the countries in one country and if it will happen (totally impossible) yet bitcoin cannot be its currency. First of all because there are not enough bitcoin to cover all the needs of the economy of such kind of super-country. If your New order will not merge the countries any country will accept to have such coin as a national currency for the simple reason (I am telling only one which is enough) because they cannot own it. And any country will accept to have as national currency a currency which don't own.
947  Bitcoin / Bitcoin Discussion / Re: Will the Banking Industry kill Bitcoin and keep the Blockchain? on: November 18, 2015, 05:24:55 PM
The banking industry can't do nothing about Bitcoin. Think about it. If Bitcoin "died" (will not happen) then cryptocurrency dies too. Crypto = Bitcoin. It's like that. Everyone associates Bitcoin with cryptocurrency. If Bitcoin fails, the whole crypto industry fails. If Bitcoin does good, the whole crypto industry benefits from it.

I beg to differ... If Bitcoin dies... Crypto currencies will fight for the top spot and they will bend the knee to the will of any government or bank. It's all about the money and the

power. Bitcoin dies .... Government friendly coins steps in and replace it. The only thing keeping Bitcoin alive at this moment is it's decentralized network. This network are under

constant attack from trolls and shills trying to divide the development and progress. The banking sector are already working on several replacements and you will see some more

aggressive attacks coming, when they are done with these projects.     Sad

Cannot be never true. First any commercial bank don't create money. They only use it like any other business. Then second, any kind of commercial bank will try never some day to have its coin. Have no meanings. There are thousand and thousand commercial banks. There are the same number of diverse coin. Every of those will try that its coin be accepted by the other commercial banks. So all the banks will passe their times to try to convince the remaining ones to accept its coin. Have no meaning. The commercial banks are interested about blockchain because the use of peer to peer in which is based blockchain cut significantly the costs of operations of technologies within a commercial bank which can be replaced by peer to peer. That's all. It is another thing the interest of the Central Banks of one country. They are interested about blockchain because want to have their national personal coin. See for more the links below:

http://uk.businessinsider.com/13-new-banks-join-r3-blockchain-coalition-2015-9

http://cointelegraph.com/news/115302/russia-to-create-bitruble-a-state-run-digital-currency-for-2016

https://www.cryptocoinsnews.com/ibm-federal-reserve-want-create-bitcoin-knock-off/
948  Bitcoin / Bitcoin Discussion / Re: How do you earn a lot of free bitcoins fast? on: November 18, 2015, 02:49:17 PM
Recently I found a way to earn bitcoin fast an more and more in time. It is a game which give more satoshi, more you play with it and more go high in the overall classification of all the players which play this game. Don't need nothing to invest but only to play. Needed patience to go forward and some time to spend playing. At the beginning the earnings are irrelevant or even nothing. But then are not bad at all. For example I earn in this moment on average 4 -5 M satoshi (0.04 - 0.05 bitcoin) within a month (but I am first in the classification). The potential is to earn even much more. So more you play more you earn.

Then I have another way to earn but in this second one must invest your bitcoins to have profit (about 0.5% in a day). This site is 5 years online and had 9 year of development. No any complain during all these years.

PM me to send you the reflinks of both the opportunities if you want to give a look and to see if can be interested for you. Cannot post nothing such here.

Is there any referral program that you earn with?
How much you already invest there to be first in classification?
I know that you can not post here referral link but if you want you can PM - i will take a look.

If I can give reflinks mean that both of the possibilities have the possibility to earn through the referral system. I invested nothing to be be first in classification in the first opportunity. Only time to play and to go much higher possible in the classification. That's all about it. The second one need investment because is an investment opportunity. In the second opportunity I am since two weeks and have invested only 1 bitcoin to test it. Seems everything correct and normal since today. I will pm you the reflinks.
949  Economy / Economics / Re: What is the best way to invest/grow your Bitcoins? on: November 18, 2015, 02:42:12 PM
I don't trust all these HYIP websites and I'm looking for a more reliable way to invest.
Any suggestions?

I can write and give only my experience and some data regard your aim of this thread. For more you need to see yourself the site in which I had invest (for the moment) only 1 bitcoin to test it. It is one site which have 5 years online without any interruption and have 9 year of development. No one compliant during all these times and pay everyday like a clock. I have almost two weeks in and everything go without the minimum problem. At the same hour and the minute of every day in my account is assigned the profit of the day (about 0.5%). The site has published all the kind of warranties, documents and even the source of its profits. And even to many other kind of data. That's all I can tell here. If you are interested to give yourself a look in order to have an personal idea about everything and not only from my words, PM me to send you the reflink because here is not allowed to post it.
950  Bitcoin / Bitcoin Discussion / Re: How do you earn a lot of free bitcoins fast? on: November 18, 2015, 02:29:03 PM
Recently I found a way to earn bitcoin fast an more and more in time. It is a game which give more satoshi, more you play with it and more go high in the overall classification of all the players which play this game. Don't need nothing to invest but only to play. Needed patience to go forward and some time to spend playing. At the beginning the earnings are irrelevant or even nothing. But then are not bad at all. For example I earn in this moment on average 4 -5 M satoshi (0.04 - 0.05 bitcoin) within a month (but I am first in the classification). The potential is to earn even much more. So more you play more you earn.

Then I have another way to earn but in this second one must invest your bitcoins to have profit (about 0.5% in a day). This site is 5 years online and had 9 year of development. No any complain during all these years.

PM me to send you the reflinks of both the opportunities if you want to give a look and to see if can be interested for you. Cannot post nothing such here.
951  Economy / Economics / Re: Why bitcoin will appreciate forever on: November 18, 2015, 02:03:20 PM
Even if the price will make a correction, I dont think we will crash back to 150$ again ,that would be absurd.

Probably a retracement back around the 260$ levels and then probably take off again.

$150 will only happen when there is a disaster. The medium bottom is $250. If the price stays above $250 for another 3 month, the price could go to $600.

No one can know how it will be the price of bitcoin the next days or months. Maybe even after a year. All the predictions made have no basis because there are not data as it is needed to make reasonable prevision of its price in the future. There is only two secure and irreversible data: the limit of number of coins (bitcoins) entered in market in time and the limit of overall number of coins (bitcoins). These data theoretically testify and argues the high price of it in the times to come. But when or where are only suppositions without to much basis. No one can know the real demand (and its rate of increase) for bitcoin because no one can know the spread and the accept of bitcoin by the people in real time. There are not any institution which can measure such kind of data. Without this kind of data all the suppositions remain only words.

To not mention here other factors (such are the political ones) which can affect not less this price.
952  Bitcoin / Bitcoin Discussion / Re: Will the Banking Industry kill Bitcoin and keep the Blockchain? on: November 18, 2015, 01:40:13 PM
The banking industry can't do nothing about Bitcoin. Think about it. If Bitcoin "died" (will not happen) then cryptocurrency dies too. Crypto = Bitcoin. It's like that. Everyone associates Bitcoin with cryptocurrency. If Bitcoin fails, the whole crypto industry fails. If Bitcoin does good, the whole crypto industry benefits from it.

How does that have anything to do with the Bank being unable to attack Bitcoin? There are a few ways to kill Bitcoin. They could simply brute force their way by getting a huge amount of PH and then doing "51%" attacks.

And considering the size of Bitcoin right now, it would be pretty cheap compared to the trillions of USD they could lose over time to BTC.

I'm not quite sure if the banks want to ride it out by including BTC in their schemes, but if BTC does succeed, Banks and Governments are going to have a hell of a problem dealing with it, even if they outlaw it or tax the fuck out of it.

I do not think a bank or government may attack on bitcoin in any ways. As long as we do not need bitcoin to be converted in to fiats, then no force will stop bitcoin evolving. You buy and use bitcoin. No one can do with your actions. When everything available for bitcoin, it would be the new government with no rules.

Governments already are... Heavily taxed like Brazil. Or illegal, like Russia.

Just have a quick look at this list, there's a list of sanctions and actions taken against Bitcoin as whole by Country here;

https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country

So expecting Bitcoin to be immune to Governments... you're in for a bad surprised if Bitcoin start getting bigger, because the attacks will get bigger as well.

Correct. A few countries since today has banned bitcoin but that doesn't mean nothing. These countries have fear from it and has chosen to ban it. They have a weak economy and have fear that the people "ban" the national currency choosing bitcoin and this can damage further their already weak economy. But if we see the bitcoin black market at these countries (at Russia for example) the trade rose every day more. See here the trade volume in Russia and the trend of it in time: http://coin.dance/charts.

So it is true that the policy of prohibition for someone which is wanted is unproductive. Normally those have the opposite effect. So it will be even with bitcoin. Soon or later this kind of Governments will understand the error and will do back return. And then bitcoin will have its legal status.
953  Bitcoin / Bitcoin Discussion / Re: Bitcoin mentioned in TV commercial on: November 18, 2015, 10:20:11 AM
So on the Science channel there is a commercial for a show called All American Makers and they mention bitcoin. I don't remember the exact wording but basically they replace the word cash with bitcoins in a sentence. Pretty cool, anyone else see it?

EDIT: link to video https://youtu.be/qr358wPZrxk


Good to see that science channel mention bitcoin. But it will be better to be an whole report or program dedicated to him. Eve better if it will be a serial. With all the possible data that can be founded about it. Those things given in a scientific channel are a important thing. It is another thing to hear something about bitcoin in the news and a totally another thing to see a documentary, program or report dedicated to it at a scientific channel. Not because bitcoin had necessity to prove something to someone about its being and invention but because it will be a clear sign of its importance as an invention.
954  Bitcoin / Bitcoin Discussion / Re: Bitcoin - one of the Terrorists Funding Sources on: November 18, 2015, 09:05:54 AM
With the recent attack in Paris, many questioned 'again' where the hell those terrorist got their funds. Hidden agenda or secret talks? Some people already know the hidden truth about it* and bitcoin already part of their sources.

Basically, because bitcoin transaction is as light as feather, it's really making hard to be accepted worldwide.

What can you say about this?


Seems strange to me that bitcoin is seen as a source of financing the terrorism. It is true that bitcoin could be untraceable. It is true that can be transferred to many money without leaving signs of those. But to be used that bitcoin transferred must be exchanged in real money. If not, any amount of bitcoin can be used. And the rules of every exchange are that every person who make exchange (especially in big amounts) must be identify himself. So it is easily identifiable. It is almost the same with the bank transfers. At least this is I think. Why bitcoin is seen as a specific tool of terrorism if the things are in such way? Why the other money used after the change of bitcoin or those used through the transfer bank are not such tool?
955  Economy / Speculation / Re: now its my habbit that every morning i check bitcoin rate.lol on: November 18, 2015, 08:55:44 AM
in somedays before,when i get up at morning i never forget to check bitcoin rate daily.because now i am started to loving bitcoin rate and its flexibility too.
so is really happend with you too?
tell me about your experience.

I work and stay to many time in front of a computer. At work and at home. About 7-8 hours. Some days even more. Whenever and everywhere I am I hold open a specific internet website named "preev.com". Do somebody know what it is? Wink Have no meaning do this because can become a mania but for the moment I have not create any mania but only "addiction". Give a look to this page time after time and sometimes feel happy and sometime feel sorry. But must of times the last times had no "feelings". Except the last two weeks.
956  Bitcoin / Bitcoin Discussion / Re: Bitcoin issues on: November 18, 2015, 08:39:31 AM
transaction times are too slow if you ask me. if you buy stuff online, then it's not really a problem. but as soon as you buy stuff from a physical store, things start to get slow. if that will change in the near future, then everything is fine for me.
For me also same problem. I am able buy in online but I could not able buy in all the online shopping stores. near by stores also not accepting Bitcoin because many of the people not aware of it. I need this Bitcoin stuff should reach over to all basic people globally. then we ll get solution I think.

No one thing (including bitcoin) cannot reach the people all over the world if have problems or other kind of defects. Or, at least, cannot be verified a fast spread of it. If something is not good or better, perfect, have no adoption a all or slow adoption from the people. No one have reasons to adopt it. So your idea to have spread of bitcoin in all the world and then find solution of its defects don't work and is not real or verifiable. First must find the solutions of the problems and then it is bitcoin which make publicity to itself and spread itself.
957  Economy / Speculation / Re: I will exchange all my fiat for Bitcoin if ... on: November 18, 2015, 08:30:10 AM
So after seeing this thread being so successful, I think it is time for a I would exchange all my fiat for Bitcoin if ...

It could be anything such as if US president acknowledge Bitcoin or impossible such as if Aliens invade earth.

Here is mine: I would exchange all my fiat for Bitcoin if everyone is first world countries is using Bitcoin.

In this time I wouldn't do this for any reason even I am a follower of bitcoin, like it to much and make everything I can to spread it in my country (my city, my company). If i will do this with what will live me and my family? Only if the banks would accept it and give an monthly amount as a interests with which I can do a normal life I can do this change. Otherwise I cannot see other way to realize such option.
958  Economy / Economics / Re: Do You Think Bitcoin Will Replace Dollar Soon? on: November 17, 2015, 07:18:14 PM
bitcoin is passing the best way to replace dollar all it need it more people to know it and start to use it too so it can replace but this way is too long andd bitcoin need to passe slowly maybe in 20 years who know but if it will continu like that bitcoin will replace it for sure  Wink

Cannot be never true. Nether today and nor after 20 years. Even ever. First because it is not possible to cover all the needs of USA in currency. Us dollar is world money. It is produced having in mind the use and the being monetary reserve of most of the countries all over the world. Bitcoin is not able to play such role. Are few bitcoin and fore are limited. The economies growth (normally) every year and this mean new money in every world country economy. This is the first reason. The second is that USA cannot accept to have as national currency a currency which is not own by those. Bitcoin decentralized and owned by no one. And it will be so always. So no any chance that be adopted as a national currency from USA. It is for sure that will be used besides us dollar as it will happen already. But this is the final step of bitcoin in the monetary world of USA.
959  Economy / Speculation / Re: Bitcoin Price Hits Highest Level Since August on: November 17, 2015, 02:26:41 PM
Like the price playing today. I consider this a new floor.

Well Im still optimistic that we will surpass the highest price this year. Volumes showing good signs as of now. Im not just saying that Im optimistic. Somehow some of my own speculation has basis.

The real and stable high price become from the real increase of the demand and not from the increase of volume. The increase of volume can come even from speculations. So it is not real demand. And without demand (which mean spread of bitcoin and known of it by new people who will want to own some of those) cannot be real increase and stability of this new high price. Maybe someday can be an increase of price but after this increase will be again the decrease at the same level. This mean nothing for bitcoin.
960  Economy / Speculation / Re: Bitcoin Price Hits Highest Level Since August on: November 17, 2015, 02:13:27 PM
I think this is the new price of bitcoin: around 380. From here we will start to build up the price of bitcoin because this won't be the final price of it as the halving is coming soon

Good to see your hopes. Were and mine until a few days ago when bitcoin, for 4-5 days, remained at these amounts. It would be a respectable prediction yours because made some time before the happening of such price. But unfortunately bitcoin did not resist at this level. Fell down at another one. Where are since some days. But even if stay there it will be again ok. The fear is if it will go at the same level of the beginning of the last event of these lasts weeks. If it will be so all all the happening has served for nothing. Only for the speculators which earned some other bitcoins. But for the bitcoin itself can be considered another failure.
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