So the vulnerability as you see it is that people can throw money at you? You don't feel safe unless you're wearing a money-proof vest? A money-proof vest that weighs 100 pounds? Yeah, I'd say we do have different definitions of "stupid".
the only stupid around seems to be you, given your self-contradicting issues. If Tx are going to be free or almost free, who's going to make a buck of it?
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This is supposed to be a peer to peer network for the people, not <1 million elitists, criminals and middlemen.
elitists, criminals, etc. rule the world. For everyone else, there is VISA.
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noone knows what "high" is, relatively speaking, since the potential pool of buying funds is overwhelmingly massive and the supply of coins is limited and fickle sellers could dry up supply in an instant .... c'est la bitcoin, place your bets, don't whine if you get stopped out, left out or scammed, dyodd.
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i think when the usd goes down (finally gives up the ghost) that bitcoin will go with it. one gold coin will equal 32,000 bitcoins. that would give bitcoin and average price of about $1000.00, or roughly equal to 1/5 oz of silver.... thats *IF* anyone even wants bitcoins at that time. maybe since no one can send gold and silver through the internet. however, with the "blockchain blacklists" we still have to see how that works out.
try to cross a border with a substantial amount of cash or PM and then you will get why bitcoin is the ultimate SHTF plan.
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and banks need to slowly accept their diminishing role.
It won't happen. How will you accept something that is slowly killing you? How? You start selling derivatives and paper certificates of it.
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wow people have finally figured out it's retarded and completely against self interest to loan your coins out to people who want to dump down the price ? hot damn !
especially considering the almost ZIRP on BTC lending on Finex. Lenders would make 3X+ more lending BTC on Poloniex to shorters against altcoins. Or even more lending $ on Finex.
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I use them as space-heaters in the winter. There are 3 folding coins to mine with gpus, so that at least you mine for a good cause. One is Gridcoin which is rallying and I'm currently mining. Unfortunately the mining setup is a PITA on linux, so I can mine just with my mule.
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the network still seems to be doing okay -- although it likely will reach a point where it won't relatively soon.
economics is all about TANSTAAFL. So just let the free fee market do its magic.
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It is margin trading... never selling my coins.
Bitcoin hodlers not affected.
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FOX News vomits BS story about ISIS and BTC- Price pumps. Hahahaaa If it's good for terrorists, it's good for you.Kind of a quality seal.
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Armstrong argue that it will be simply criminal act to use such systems, and therefore people - the current few hundred thousands BTC users - just stop using it. yeah, because prohibition works. You can bring that to the bank.
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want to pay taxes... in bitcoin
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Never heard of it. Does you get any nice profit from it? Looking for a new way to mine to get some more income.
I can't profit mining anything with my electricity cost >0.30$/Kw. Even my ASICs mine at a loss. I just mine in the winter for heating. Have a try and come back to tell us.
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But there will be much *fewer* bitcoiners, which is what regulation is all about.
The question is: will the HasbaraTrollFest continue once we go underground?
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Bitcoin Terrorists Linked To Paris Attacks
Next we'll hear of cryptoids blowing up their ASICs in their mom's basement when surrounded. Be afraid of the cryptoids.
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Private property goes pari passu with the state, more specifically with its laws. No state, no private property, because in the wild might is right: if someone stronger than you points at your property and says "that is mine" you can do nothing but obey or be deprived coercively.
Indeed, the state use to take all in one way or the other. That is its actual reason of existence since the beginning of time. So private property does not really exists except where free individuals are able to enforce their. And that's why bitcoin is the greatest thing since the invention of pizza.
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We're all fucked.
Bullish!
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The Syrian passport does not mean much, really:
Indeed. It means just: I always carry my passport with me when I go for suicide missions. #Terrorism101
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