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If I had invested my savings in Bitcoin would it be more likely to be broke?  Do you keep your savings in a currency that loses value over time? Hell no! I, like most normal people, invest my money. Or spend it. Didn't they teach you stuff like this in school? |
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I do not think so . some people hate bitcoin are those who still use the old method of transacting. while those who have the creativity and mobility will choose bitcoin for convenience.
No. "Those who have the creativity" will paint, write, build, compose, play; they'll create, get it? There's absolutely nothing creative about using money, no matter how complicated the process happens to be. |
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mycellium will end as scam
Why do you think that? I'm in charge of this wallet project, and I've spent years building a very trustworthy and ethical reputation. That's more valuable to me than any amount of money. Especially considering I'm an ancap who believes that if bitcoin wins over national currencies, without government oversight your reputation will be the most important thing. My hope is that we will have decentralized reputation systems, and everyone who has scammed and got away with it so far will be exposed, and no one would want anything to do with them. This project might fail, of course. There's no guarantee of returns or profit. But considering this is my project that I hope launches Mycelium to the top and gets me recognition, it won't be failing from a lack of me trying. Alanis I remember that Barcode scanner. Saw it at CompUSA once. thanc for reply but all u guys do is have no way to incentive so u make extra "token" that u will dump on users in the end i like this wallet but the way u now are goign means something is not working right Not strictly an "exit scam" tho. Mycelium explicitly states that its digital tokens give you no rights whatsoever, are basically a gift to Mycelium. How is that misleading? But they are tradable  bitcoin gives you no rights either apart from a figure in your wallet. Yet you can sell them for 400 usd. I am quite happy a lot of people are missing the point here as more of the 5% will be mine. Sure, they're tradable, as are AsicMiner share on Havelock.* As long as you're not the greatest of the greater fools, you should do fine, irregardless of whether Mycelium becomes a successful business or spends your coin on hookers & blow There is a fairly established and liquid market for BTC, I know approximately how much I'll get per coin. Mycelium tokens? not so much. >as more of the 5% will be mine 5% of what, if it's not impolite to ask? *AsicMiner doesn't exist. Hasn't for about two years. The shares are still trading. Sorta. |
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mycellium will end as scam
Why do you think that? I'm in charge of this wallet project, and I've spent years building a very trustworthy and ethical reputation. That's more valuable to me than any amount of money. Especially considering I'm an ancap who believes that if bitcoin wins over national currencies, without government oversight your reputation will be the most important thing. My hope is that we will have decentralized reputation systems, and everyone who has scammed and got away with it so far will be exposed, and no one would want anything to do with them. This project might fail, of course. There's no guarantee of returns or profit. But considering this is my project that I hope launches Mycelium to the top and gets me recognition, it won't be failing from a lack of me trying. Alanis I remember that Barcode scanner. Saw it at CompUSA once. thanc for reply but all u guys do is have no way to incentive so u make extra "token" that u will dump on users in the end i like this wallet but the way u now are goign means something is not working right Not strictly an "exit scam" tho. Mycelium explicitly states that its digital tokens give you no rights whatsoever, are basically a gift to Mycelium. How is that misleading? |
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I'd choose Bitcoin over Paypal any day. Sorry but Paypal just sucks.
Their buyer protection on ebay is a gigantic fraud as well. I can't understand how this company is still existing.
The company "is still existing" because people use its services. Choosing them over other payment methods available on eBay. People are more comfortable in using Paypal as its service period has been longer, and I personally feel that Paypal is really good when it comes to online shopping. Pretty much my point. Online shopping would be nowhere without buyer protection, and that's what PayPal offers. |
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I'd choose Bitcoin over Paypal any day. Sorry but Paypal just sucks.
Their buyer protection on ebay is a gigantic fraud as well. I can't understand how this company is still existing.
The company "is still existing" because people use its services. Choosing them over other payment methods available on eBay. |
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Like sig spam and online gambling. |
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How would that be any different from "legitimate" owners being able to manipulate the price? Help me understand.
Exactly why would a longtime 'legitimate' owner want to get rid of all of their Bitcoin in a hurry? And why would a hacker? Because he wants pennies on the dollar for his loot? Because he wants to get snared by KYC/AML regulations? Because multimillion-dollar transactions happen all the time and never raise any flags? Or is it because Bitcoin is useless as a store of value, especially for those who don't like intrusive government intervention, so selling it for pennies on the dollar makes total sense, as long as it's turned into actual folding money? No. Theymos wants satoshi's stash to disappear. Lauda just wants whatever theymos wants.
Bullshit. I never agreed to this idea. You're defending the soundness of "let's destroy early coins" idea purely as an intellectual exercise, to practice your sophistry chops? |
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Cash it out? Someone will buy that coins and they will be in safe hands... Its a lot of money but someone will need to spent it I guess.
He can manipulate the price easily with that huge 'stash' that could be acquired (at least for a while). How would that be any different from "legitimate" owners being able to manipulate the price? Help me understand. seems lauda and theymos both want satoshi' stash to disapear.
No. Theymos wants satoshi's stash to disappear. Lauda just wants whatever theymos wants. |
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Grow up, man. Hahaha, you can have fun giving your data to any site. I won't, and that's why I love Bitcoin. No really, it's OK that you crave girthy Freedom Ticklers, it's the 21st century bro, no one will judge. Besides, we at NSA already know all about your buying habits. Or did you think "Freedom Tickler" was just a lucky guess? We know, buddy, we know... |
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I came to figure out, why would a consumer/customer use Bitcoins?
You have to pay the 3 cent fee, while you dont have to pay anything when paying with a credit card.
So what is really a benefit for using Bitcoins, customer wise?
i think largest benefit is because bitcoin is very easy to use and they can pay in seconds, while they might search for monets in their wallets for 30 seconds or even more Wait, they're shopping in a brick & mortar store (99% of those never even heard of bitcoins, forget taking them), they don't have their wallet with them? But they do have their laptop and/or smartphone with a bitcoin wallet? That happens how often? I got an equally realistic user case for you: You're walking through a shitty neighborhood teeming with bitcoiners jonesing for their DOC, bath salts, late at night. One jumps out from a garbage can with a knife, demanding bitcoins. |
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>But I don't have a credit card
Get good, get one.
>sometimes I don't want to give my data to a website when I buy something
No one cares about you buying The Freedom Tickler. Grow up, man.
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Half of mankind is living on less than TWO DOLLARS A DAY,.
Kind of off topic whore, it has to be said. But when you consider that of the Nepalese working in Qatar to provide us all with an enjoyable World Cup experience come 2022, they are paying between 3% and 8% of their pitiful earnings to the banks in order to transfer it back home - well, I guess you aren't so off topic after all. And between 3% and 8% of $5.9billion p.a. is not an insubstantial amount. [If indeed they aren't unfortunate enough to be one of those killed every 2 days on account of the atrocious working conditions in Qatar that is] As I said, life is hard, especially for the poor, but not for your loser of a brother-in-law. He clearly isn't working in Qatar, in atrocious working conditions. He's merely paying back the loan on ... I'm'a gonna guess some property he tried to flip & failed. Tough luck. Chin up, Buttercup! Regarding the rest, at the risk of repeating myself: Not sure what you're trying to say. Is it that your brother-in-law didn't make some disastrously bad financial choices?
He did, unless you consider paying a mortgage on nonexistent property a win.
Since he's making those payments -- not living behind some dumpster; not considering being bailed out himself, via personal bankruptcy, the small-time loser's bailout, he could be doing worse.
Yes, poor people always get the short end of the stick, always have, probably always will. Life's unfair like that, Snowflake. Your brother-in-law, otoh, is far from poor. Half of mankind is living on less than TWO DOLLARS A DAY, you entitled prick.
 Next time you feel a fit comin' on, go outside and bitch. Bitch at the air. Bitch at the trees. But don't bitch at us! |
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Your brother-in-law made some disastrously bad financial choices, apparently.
Yes - him and half a million other UK households still in negative equity - not to mention those who sold at a loss. But to suggest that it was a choice on his/their part is to misunderstand the debt based economy. [img ]http://www.workableeconomics.com/wp-content/uploads/2012/07/MoneyVsDebtProgress-InflAdj1.jpg[/img] Kind of reminds me of The Great Depression/the Installment Plan. History repeating. The punctual always have to pay the price for the tardy - or, to put it another way, the little guy always picks up the bill. Not sure what you're trying to say. Is it that your brother-in-law didn't make some disastrously bad financial choices? He did, unless you consider paying a mortgage on nonexistent property a win. Since he's making those payments -- not living behind some dumpster; not considering being bailed out himself, via personal bankruptcy, the small-time loser's bailout, he could be doing worse. Yes, poor people always get the short end of the stick, always have, probably always will. Life's unfair like that, Snowflake. Your brother-in-law, otoh, is far from poor. Half of mankind is living on less than TWO DOLLARS A DAY, you entitled prick. |
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...
My brother in law is making real interest payments on collateral in his property that no longer exists. If it no longer exists (the £25k negative equity) how about the banks wiping it off his outstanding mortgage ? Your brother-in-law made some disastrously bad financial choices, apparently. As did the banksters. Oddly enough, if banks collapse, they take down your country's economy with them. Your brother-in-law"? Not so much. Tell your brother-in-law to consider personal bankruptcy, that's sorta like bailout for small-time losers. |
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Can business work out ways of exploiting/utilising an immutable public ledger that has the potential to register "everything that can be known"/digitised about an individual ? Most definitely.
Would you be willing to have "everything that can be known"/digitised about" YOU recorded and available to anyone who cares, forever? Sounds a bit Orwellian to me, but what do I know... |
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Just making sure you understand that the odds of any government letting that shit happen are zero.
Sounds like $ is working just fine for you man, eating your nice snacks and what have you. Zero crime neighbourhood. Nice car. Does kind of beg the question though - what are you doing here ? Whored - is the clue is in the title ? Trying to educate and engage. Something that state-sponsored schools brainwash factories clearly failed to do. And, won't lie, to have a few laughs |
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In most countries, the system worked.
It worked ? It worked for who ? For all of those whose economies didn't collapse? What ? - like those whose economies weren't complicit in the fraud ? Good for them (if they were one of the western economies that were able to avoid having the pain meted out to them from those above). The UK (and US) on the other hand relies on "financial services" for 10% of its GDP - and for the people therein there was (and is) no escape. As someone living in US, can tell you it's working fine thus far. Live in a nice house, eat good snacks, drive a fun car, streets are safe. So your suggesting that "for the people therein there was (and is) no escape" begs the question: WTF you talkin' bout? No one is trying to escape, Mexico ain't building no wall to keep Amerifats out, we're good were we're at, brah. It means a loss to the UK taxpayer of £13billion ... it was the central bank creating money out of thin air and placing it on the balance sheets of the commercial banks that I was referring to. What you're doing here is not making any sense. How could bailing out banks cost the taxpayer anything above the printing cost of the filthy fiat that's printed out of thin air? QE isn't a one off payment/windfall to banks, its an ongoing subsidy. Also monetary debasement/devaluation/direct vs indirect costs to the average Jo. An ongoing subsidy you say? So they're printing filthy government scrip out of thin air on ongoing basis? Horrifying! The power bill for those printers must be astronomical. Hey, now that I think about it, fiat is a bit like bitcoin, costs money to print it out of thin air. Neat. "Gentlemen, let's adapt bitcoin instead of trying to stop it. One very intelligent bitcoiner explained to me how then we'll be able to successfully lose control of the monetary policy, crawl in some corner and die. Seems pretty attractive, so let's hurry up and stop printing our worthless scrip and embrace bitcoins!" -- Every Government Ever
Thanks for your input Mr. Osborne/Yellan/Dimon. Just making sure you understand that the odds of any government letting that shit happen are zero. Partially due to edgy bitcoiners like yourself |
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In most countries, the system worked.
It worked ? It worked for who ? *Whom. For all of those whose economies didn't collapse? It means a loss to the UK taxpayer of £13billion ... it was the central bank creating money out of thin air and placing it on the balance sheets of the commercial banks that I was referring to. What you're doing here is not making any sense. How could bailing out banks cost the taxpayer anything above the printing cost of the filthy fiat that's printed out of thin air? Intrinsic consistency is super important. Bitcoin means Governments will lose a large tranche of their nation states control over monetary policy, were it ever to be adopted wide scale. "Gentlemen, let's adapt bitcoin instead of trying to stop it. One very intelligent bitcoiner explained to me how then we'll be able to successfully lose control of the monetary policy, crawl in some corner and die. Seems pretty attractive, so let's hurry up and stop printing our worthless scrip and embrace bitcoins!" -- Every Government Ever |
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How long do you gentlemen think it'll take people to figure out that *all of you* are waiting for the halvening to unload, and start trying to beat the maddening crowds?
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