 Show Posts
|
|
Pages: [1] 2 »
|
Make it trendy. Bitcoin will become fashionable for people at first. And that is how it will be adopted. Just like Starbucks was an unknown company at first, it became trendy and mainstream.
Drinking out of a cup with a Starbucks logo is nothing but a fashion statement.
I can't see people using it just because its trendy. People need a real reason to use it and at the moment most don't. I think if bitcoins value started to rise continually then people might get involved then like they did back in late 2013 but when it crashes they'll soon flee so we need to hope it can grow steadily. |
|
|
|
With no charge-backs it has less of a cost to accept bitcoin than credit cards so places could offer a slight discount for it to entice consumers to use bitcoin.
No chargeback is a bad thing for consumers who loose the safety credit cards offer. If consumers prefer the safety of credit cards then the merchants will ignore bitcoin. Bitcoin must offer something that benefit people before they want to use it. No such benefit exist today and therefore there is no interest in bitcoin. What is a credit card? It's a payment processor for fiat transactions. Well then there will be payment processors for bitcoin transactions much like bitpay that can offer protection against this. |
|
|
|
There is an unnecessary ongoing war and fear mongering over the community about bitcoinXT. What people need to realize is that the only thing that will lead to a majority of honest node switching to bitcoinXT is a bloat in the blockchain itself where businesses won't be able to process the transactions they need due to a fail of bitcoin core to deliver proper scaling on time. BitcoinXT is just a fall back plan in case of a bitcoin core failure and will happen naturally if there is a need in the market. If bitcoin core delivers then nothing will happen. I don't see the point of so much fear mongering over hard forking. THERE IS AN ECONOMIC INCENTIVE TO REACH CONSENSUS NO MATTER THE OUTCOME. Releasing the code in the wild might not be pleasing some but it relieved the stress of many people about their concerns over a bitcoin core failure. If that concern reaches consensus then be it!
BitcoinXT might be a fall back plan but those in charge look like they want it to succeed as the 'main' bitcoin. Let me quote one of the "good guys", so the sheeps can digest Bitcoin is a decentralized system. If you don't like the work Mike does, don't use it! If you don't like the direction he's going with that work, write some code yourself that goes in a different direction. If you don't like where "core" Bitcoin client development is "going", go to http://github.com/bitcoin/bitcoin and hit the "Fork" button and convince other people to join your development effort. You people seriously misunderstand how Bitcoin works... I think its very relevant to the topic here. Notice the date of that quote, I think it's a bit different if I write some code compared to the devs or people who have influence in the bitcoin community and I think most of the problem is from the confusing about what is actually happening. |
|
|
|
|
The Chinese know a good investment when they see one. I think so much volume going into China shows that they really see the potential. I just wonder when they'll start dumping to reap the rewards.
|
|
|
|
In all honesty, Bitcoin is not yet ready for mass adoption. Don't get me wrong, minimal fees are great. However, this feature is overshadowed by all the hoops and obstacles companies have to go through to deal in Bitcoin, as well as the lack of fraud protection and overall user friendliness.
Why is it not ready? And there doesn't seem to be any hoops or obstacles. All they need to do is accept it which is simple to integrate whether you're an online store or brick and mortar shop. Fraud protection will be covered by a payment processor too, not that they have to worry about that much unlike credit card companies. |
|
|
|
Just a question  Which BTC wallet you are using? coinbase , blockchain, btc-e, bittrex or any one else? All you mentioned are the most unsecure basically because they are online and the only thing need to happen so you lose your Bitcoins is them getting hacked then youare totally screwed . Paper wallets are the best and the most secure and there is nothing like them. (mostly for receiving) Paper wallets can be unsecure too. A lot of people especially newbs don't know how to create them safely. They're also easy to lose or destroy. You're best off just keeping the wallet.dat file safe offline and backed up in my opinion. |
|
|
|
It would be interesting to see what sort of punishment will be given to this guy. Isn't Bridges the same guy who framed the attempt to murder charges against Ross Ullbricht?
I believe they were involved. That's likely why the murder charges were dropped against him. Who knows what sort of funny business the corrupt cops got up to. I think I read they were also trying to sell him information. |
|
|
|
I have a few bitcoins and am going to buy a few more in a day or two. Will have some 10+ Bitcoins then. I wanted to know which is the best investment option where I can invest my bitcoins and earn some profits as their is no point of just holding them and let them stay dead in my wallet.
What's wrong with just holding them? If you 'invest' them you could very likely lose them all or a lot. The easiest and safest way would probably be to just day trade but personally I would just buy and hold them for a couple of years and I''m sure you'll have made much more this way than just day trading or investing in some probable scam. |
|
|
|
Ebay should directly accept bitcoin payments and then it would be good enough as PP can be charged back but not bitcoins. Their split up with PayPal has not made a significant difference as they only offer that payment option for US goods. For Indians they do have another payment option paisapay but that's also not good enough.
ebay wouldn't do this directly because they thrive on the fact that the buyer is protected so some sort of escrow would need to be used and that's essentially what Paypal is, but obviously it can be easily gamed. Paypal need to start footing the bill out of their own pocket when something doesn't go right but that wont happen so the alternative is to stop using them but that wont happen either. |
|
|
|
|
I think they're entitled to their opinion but for centralized institutions like banks who run their own blockhains they wont need any bitcoin-type payment system or if they do they'll just be running it with their own type of alt coin.
|
|
|
|
Though there are many problems of monitoring on Bitcoin, the root is to remove the centralized banks as entity. It is used widely as investment tool, or sometimes to hide the money of tax auditors, however, Bitcoin proclaim that its intention is to kick out the financial institution, and to purchase a car with a pocket cash to remove it.
I don't think bitcoin will remove the centralized banks and there will always be a need for them and their various services, but what bitcoin shows is its a viable and workable alternative. Bitcoin and the blockchain will undeniably influence society eventually but I don't think it will overthrow or drastically alter the banking system anytime soon. |
|
|
|
|
You wont get much for betting on just a straight win for Floyd so you might as well go with the underdog or bet on something else like Knockdowns.
I think it's going to be an interesting fight and I think Floyd is more nervous as he's got more to lose.
|
|
|
|
They did it to themselves.
Yep. Bitcoin isn't to blame for sure. I just think it's the way the organization is and runs. There's too many people vying for power and when you can easily buy your way into it it's always going to bring in the corrupt members who are just there for their own business interests and complications will ensue. |
|
|
|
Yes, CoinDesk don't allow us to pay with Bitcoin for their new service.   I don't think they must pay with Bitcoin for their employees but they must accept Bitcoin as payment method. I think they should be boycotted until they accept bitcoin. Paying your employees in bitcoin should at least be an option but not accepting them as payment for ads or whatever is ridiculous. Clearly they don't really care about bitcoin other than the money they can make off it. |
|
|
|
Sounds like a phising email to me. Never click the links directly if you're not sure. Use a bookmark so you know you've got the correct address. I dont even have that much coin i only have like 0.06 left right now afrer
İ bought some stuff . Would a formating help? I dont want to yse linux it sounds complicated buy i have win 7 and this could be great time to upgrade to win 8 . I am not sure if that would help tough would it? The thing in mind is they couldnt get to my coins but what if they have something else?
Just ditch your BC wallet and start using Electrum or other wallet. Someone is trying to steal your funds. I think someone has made a script or something to guess UUID? Edit Well that wouldn't help if he downloaded malware keylogger. He's not sure if he has downloaded a keylogger as he said his wife opened a phishing link and closed it immediately and has a antivirus installed. So, I highly doubt there's a keylogger installed. KEyloggers can be downloaded and installed within seconds and anti-viruses will not protect you against all threats. In fact, they wont protect you very well at all from sophisticated programs so I wouldn't think you're safe just because you have an anti virus installed. |
|
|
|
|
What do you define as 'power'? I think any president or leader of a country has a lot of power and obviously one of the Superpower countries like USA/Russia/China probably have the biggest power persey, but I think the ones who wield it and starts wars left right and center are the biggest tyrants and therefor powerful, but maybe you have a different definiton of powerful.
|
|
|
|
Many have said that Bitcoin is of no use to PayPal, and only threatens it, because Bitcoin's payment system solves the problem of online transactions better than the PayPal model. I disagree. I think it is actually a threat to PayPal as are other bitcoin payment processors. I think Bitcoin poses the biggest business threat to Visa, not PayPal, and that the latter, being a technology company, can leverage Bitcoin to expand its market reach. I disagree it's a bigger threat but it still is one to Visa etc. The main problem with PayPal is that it's not merchant friendly. Consumers love it, because they can chargeback a payment if they don't receive a product from a merchant, and fees are reasonably low, but merchants have to worry about fraudulent chargebacks. If the product that the merchant provides is one that is not shipped, because it's digital or a service, then it is difficult, if not impossible, to prove delivery to the customer, meaning the customer will almost always win the dispute. The fees are also pretty large. Some online stores actually charge a premium if you pay with PP though it is very quick and convenient but I hope a bitcoin payment processor will arrive that is similar to PP but cheaper and doesn't just give the customers their money back for bullshit reasons. PayPal could get around this by offering its customers a new option: to pay with bitcoin. By allowing PayPal users to make standard Bitcoin payments, PayPal would immediately be able to reach every merchant in the world, regardless of the risk of fraud and chargeback in their industry or region. I think this is a possibility and if they do get involved it will likely be as a payment processor though they might just leave it up to others to do. I hope they do get involved as it will be interesting to see how they handle it and if it changes their business practices. |
|
|
|
|
I'm holding my coins and not spending any until the block halving. I think that's a good enough time to see where bitcoin is at and hopefully we will have seen some gains long before that but the halving will hopefully have an impact further.
|
|
|
|
ever since January, where we hit a low, the transactions per day have never been as high as they are now.
the number of unique addresses used is ~30% up from december 2013
miners are struggling making a profit with these prices (so difficulty is lagging behind)
why is the price lagging behind so much?
it has every reason to rise, and yet is doesn't.
Bitcoin is perplexing to me. People are clearly using bitcoin and many merchants are getting involved but the price only declines. I don't even understand why people sell their coins at such a low value. Surely if people refused to sell them for such a price it would keep them at a decent value. |
|
|
|
My questions now are:
- Will I ever be able to get a mortgage or bank account now with HSBC (or Halifax)?
- Am I black listed somewhere, if so, where?
- Who is there I can complain to?
- What if Santander do the same, and I can't get a bank account, how do I pay my mortgage, get paid my salary etc?
Scary stuff how the banks are so in control of our lives and can cut us off from civilisation by closing our bank accounts.
You should probably ask your bank or get some proper advice from someone. As a first step I'd make an appointment to see the managers of your bank and ask them what the hell is going on. I think it's bullshit they can just close your account like this but I guess it's probably in the small print somewhere that they can do this at any time so you might be screwed. Best bet is to contact your bank and try calmly get some answers from the manager. |
|
|
|
|
