Bitcoin Forum
September 26, 2025, 08:31:27 PM *
News: Latest Bitcoin Core release: 29.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1] 2 3 4 »
1  Economy / Digital goods / Re: 60 million email database for marketing @ 150$ on: April 21, 2016, 02:55:21 AM
60 million dead emails that will get your server/IP blacklisted in 60 milliseconds
2  Bitcoin / Bitcoin Discussion / Re: People hate Bitcoins? on: April 20, 2016, 04:15:46 AM
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.
3  Bitcoin / Bitcoin Discussion / Re: Halving is a profitable??? on: April 16, 2016, 05:38:44 AM
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)
4  Bitcoin / Bitcoin Discussion / Re: Halving is a profitable??? on: April 16, 2016, 03:25:04 AM
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


5  Bitcoin / Bitcoin Discussion / Re: What do you think is killing Bitcoin, if anything is? on: April 14, 2016, 04:42:49 AM
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.
6  Bitcoin / Bitcoin Discussion / Re: What do you think is killing Bitcoin, if anything is? on: April 14, 2016, 04:33:56 AM

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
7  Bitcoin / Bitcoin Discussion / Re: can we see bitcoin money transfer store in near future? on: April 14, 2016, 04:24:39 AM
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.

8  Bitcoin / Bitcoin Discussion / Re: OpenBazaar Opened , your first impressions ? on: April 14, 2016, 04:14:32 AM
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 Smiley. 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..................
9  Bitcoin / Bitcoin Discussion / Re: People Are Just Too Stupid to Use Bitcoin Right Now on: April 12, 2016, 12:47:37 PM
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
10  Bitcoin / Bitcoin Discussion / Re: OpenBazaar Opened , your first impressions ? on: April 12, 2016, 12:35:31 PM
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
11  Bitcoin / Bitcoin Discussion / Re: can we see bitcoin money transfer store in near future? on: April 12, 2016, 12:24:18 PM
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
12  Other / Off-topic / Re: If i give you 10 BTC what will you do? on: April 12, 2016, 12:16:35 PM
If i have 10 Btc i want to make small business like bitcoin exchange!!!!

yeh i'll take 11 please
13  Other / Off-topic / Re: If i give you 10 BTC what will you do? on: April 12, 2016, 12:15:16 PM
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
14  Economy / Goods / Re: New Bitcoin T-shirt designs. on: April 06, 2016, 10:12:07 AM
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
15  Economy / Services / Re: Offer worth minimum of $0.3 worth of BTC (Paid: $0.2) on: April 06, 2016, 09:53:59 AM
PM me details and links for all microjobs you have
16  Economy / Services / Re: get bitcoins for this very easy task on: April 06, 2016, 09:42:46 AM
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
17  Economy / Trading Discussion / Which Exchange are you planning to use for the halving run up on: April 05, 2016, 11:09:06 AM
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
18  Economy / Services / Re: 0.005 BTC for the person who finds this person on: April 05, 2016, 06:59:38 AM
must be important
with a whopping big fat 0.005 BTC reward
19  Bitcoin / Bitcoin Discussion / Re: What about Halving??? on: April 05, 2016, 06:55:39 AM
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

20  Bitcoin / Bitcoin Discussion / Re: What's your biggest problem with Bitcoin on: April 05, 2016, 06:36:37 AM
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
Pages: [1] 2 3 4 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!