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60 million dead emails that will get your server/IP blacklisted in 60 milliseconds
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people do not hate bitcoin but at present the majority have no use for bitcoin
and when they meet someone that does know about bitcoin, they tend to go on too much about possibilities or potential, rather than the here and now which is what the majority only cares about.
unless you can just show someone how to use, starting a conversation can sometimes do more harm than good, as too much info could be confusing for the average joe, in turn putting them off. until many shops start to accept bitcoin it will take time for the masses to adopt
Openbazaar is now a great way to help introduce bitcoin to people that try to earn from home as you can show them instantly how to setup shop without any fees. (whether they get any sales yet is another topic)
Or purse.io so people can get discounts on goods.
we need to show people how to use bitcoin today, not tell them about what it will do tomorrow.
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the worst part is everyone is holding BTC expecting to profit from the halving this does not help BTC long term as transaction volume is what will help and also showing others
but on flipside if many people make money during this halving, it may be taken as a regular occurance which may help BTC every 4 years (would be like a 4 year year lotto)
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its not the halving date itself but the 6 months after
look at the last halving then look at the price: 6 months prior to the halving = $5.10 the halving date = $12.50 (+145%) and 6 months after the halving = $130 (+940%) (after price come down from peak in april)
sure there will be speculators that will drive price higher before it settles back down lower at some point with the halving being known though i do think we will have a calm before the storm
last halving the price peaked at $230 before (1740% increase from halving date)
If you applied the same to todays value:
11th jan 2016 BTC = $448 11th July 2016 halving date + 145% = $1097 Peak somewhere after halving + 1740% = $20184 11th Jan 2017 + 940% = $11408
i dont think it will as much an icreases like last time but it will be similar, the older BTC gets the less volitile it will be. (although very far from being stable yet) but i do think we will see a price go above $2000, and it then settles above $1000, in the 6 months after the halving date
also do note, mining farms will be losing money daily, if price does not increase. VPRO reported that mining farms in china were losing money when BTC was at $250 so miners will need the price to increase
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All i can say if all holders do massive selling will affect the price and it will gonna die if investors are in panic selling And if the wallet provider is being hack or bankrupt it may also 1 factors that bitcoin might dead.
if price goes low the bulls show their support if price goes high the bears show resistence that is how trading works, BTC is where it is now due to demand vs supply and according to VPRO some miners are/were running at a loss (oct 2015) when btc was below $300 which would indicate the price to be undervalued at that time. Right now that seems to have adjusted and BTC is trading where it should be. even if big whales dump a shitload, there will always be other whales looking to pounce on that oppurtunity and buy a shitload at low prices, as would probably many non traders, the low price would attract attention and create demand driving price back up (fast slow whatever) as for companies going bankrupt, they go bankrupt do to fiat, and more importantly most likely due to the interest fees they must pay to their fiat creditor. hacking, is just poor business model, by any company that wants to work with BTC but thinks security of its servers is not priority. this gives more claim as to why we need P2P, as third parties cannot be trusted when they put (fiat) profits before prople.
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I think bitcoin is fine as it is, as long as we find a solution to this blocksize cap soon. Because something needs do be done about it.
It's also the arrogance and stubbornness of bitcoin miners, thinking only of themselves (although that is what you would expect from a decentralised system)
We need to find the perfect balance of democracy and decentralization.
money laundering is the obvious thing that gonna kill bitcoin, If bitcoin have been used for money laudering much more, maybe some country will do something do you mean more countries and politicians will start using bitcoin more, once they realize they can use it to launder money or hide money panama papers may be good news for BTC
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Well, if coffee shop insists 5 confirmation, the coffee buying process will be quite long.
a coffee shop would not care about confirmations, tansactions are instant, only confirmations take time, but more importantly, businesses would simply work a number in to their business model for any bad transactions, as beleive it or not, the majority of people are honest. So it only fraudsters that would need to worry, which a camera takes care of, when paying in person the exact time will be recorded, and would not take long to be detected it would be so much more risk of getting caught than say using a credit card or cheque for fraud.
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I have order several item until now. I am interest in hand made products or food products like honey, wine etc. The last item i have buy was a great hat for kids a gift for my nephew from USA  . General the prices are good but i like to see more shops in the future. I think open bazaar has a great start and i see many shops add every day. Totally agree, this is why i think OB will not affect ebay or amazon too much but it will affect sites like Etsy as OB makes it cost effective for small buisness or people working from home to advertise their products people who just want cheap cheap, will always look to ebay or amazon for the after care as they cannot afford for something to go wrong after (i have always said, when selling on ebay for years, ebay buyers usually cannot afford to buy the item they want, thats why they use ebay, looking for a cheaper price) a lot of sellers of handmade goods i can see using OB, Etsy has a huge member base, but it bans sellers for no reason what so ever, and refuses to re-open accounts once banned, you read many nightmare stories about Etsy, where people have started off as a hobby, then they got good sales on etsy, so to keep up with demand they quit work and focus on Etsy, only for Etsy to ban account a few months down the line without reason leaving them without a paddle. OB elimates such cases so i feel many independant artisans will soon be on OB. Right now OB needs better seach/filters, but its early days so everything will be done later once they have content to sort. i do hate the unessicery hashtags though in search and tags, just why..................
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this is why i think we need paper btc reciepts/wallets that people can see and touch
shop would just scan and transfer funds (checking for any pending transactions etc. to validate) then just print off the change on fresh paper wallet
this would make it easier for many to get introduced to btc
oh and when trying to explain to someone why they should use bitcoin dont waste your time trying to explain what bitcoin and blockchain is or who you think satoshi is, or even your price predictions
just show them how to buy something first (except altcoins). then do the rest
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i think ebay wont worry as chinese will always flood them with sales
but a website i can see being affected is etsy, and other similar sites
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what i am waiting to see which would help mass adoption although it may have its cons is simply BTC printed out on a receipt with a wallet/pos system just be paper wallets you carry printed off a printer at checkout
a lot of people would understand BTC much quicker if they could touch it and see it just print off paper wallet for their btc to spend it just gets scanned and transferred to checkout which then just prints off a fresh paper wallet with the change
obviously you could also then put straight on phone wallet but printables would be good option at checkout for shops
shops could also help promote bitcoin by offering change in btc for first timers with instructions printed on receipt too
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If i have 10 Btc i want to make small business like bitcoin exchange!!!!
yeh i'll take 11 please
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transfer 10 to simplefx.com then buy 1 btc oil at 500:1 leverage the remaining 9 btc in account will cover you to $20 which oil wont hit even if it does dip a little again if you see now below $35 then its good time to buy you make like 50 btc when oil back to say $80-100
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you might want to highlight a bit more that you are using FOTL tshirts to ensure quality
so people know they are getting a quality tee with a custom print.
even still price and shipping is still a bit expensive obviously you are probably printing to order via a 3rd party, which is likely why the price is as it is you may want to see if you can get a better deal
you might want to try uploading designs to teespring, zazzle or spreadshirt and then just post links rather than doing yourself
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PM me details and links for all microjobs you have
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takes 2 secs in excel what format is data provided?
why not just pay someone to show you how to do yourself in excel or whatever you are using
its just delete any row that has a cell in column A, that is equal or +1 of the cell above it
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with many speculators ready to jump on the halving soon, there is an extremely likely chance we will see a BIG pump and dump during the next 12 months (could start sooner or later and run a while or not, who knows)
with reading reports of coinbase cancelling orders etc. when BTC prices move a lot (while they still hold funds/btc, or later offer you a different rate)
which exchange do you have the most trust in to use, during this volitile period ?
just looking to sell a very substantial amount of BTC when high and buy back after the dump
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must be important with a whopping big fat 0.005 BTC reward
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watch for the peak, speculators will drive price high around the time of halving when it peaks is anyones guess and what number it will settle back down to after is also a guess the price could keep increasing for a while but it is likely to drop again due to over increase from speculating traders
miners will obviously want the increase in value, and it is likely the big whales will dump their stored BTC when it peaks driving price back down, so they can rebuy the coins and keep profits. If the big miners and whales got their game sorted BTC will climb above $1000, most likely hit around $2000 or more within next 12 months and then settle back down around $1000 or more
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Software development team here. We would like to hear from the community what are the most annoying\frustrating stuff you have with Bitcoin and would love to get a solution for ? Feel free to talk about any problem, even if it seems unsolvable or too abstract (e.g. Bitcoin is not safe enough for the average user) Edit: After reading all the replies, I feel confident summarizing that the #1 problem of Bitcoin is probably lack of adoption. And the main reasons of lack of adoption are probably ease of use and insufficient security. We are a team of entrepreneurs and software developers that are going to spend the next following months-year on developing a new product. One of the most appealing markets for us is the Bitcoin market. We will try to learn us much as possible from your replies and try to tackle the problems head on.
It seems everyone moans about confirmation times etc. although for myself, the confirmations or transaction times are not an issue, as they are a lot faster than international transfers. BUT i am not sure if any wallets out there do this (as i got no reason to look yet) what seems to be needed is a 3rd party wallet (similar to how paypal works) that is funded with bitcoin (call it bitpal maybe) so users can fund their account with bitcoin then when they pay someone using same wallet it is instant as no need for confirmations, as transaction is handled by 3rd party it is very likely paypal has this in the works (probably with more features) i do not spend BTC so not sure if this exists if anyone know a wallet like this for day to day spending without any silly policies restricting use or need ID to join etc. then do let the rest of us know but an app where i can simply send to another person that has an account on same app so its instant (internal trade would not be added to blockchain but handled internally by the app) and the only wait time then would be withdrawing btc from account or funding account with BTC (funding and withdrawing would be added to blockchain) an app like this then could have nfc and everything be lightning quick most likely like an altcoin app that value is tied to BTC, and can only fund app with btc
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