How do you feel about those who bet their life savings on Bitcoin/crypto. Do you have sympathy for them, or more of a despise for being essentially degenerate gamblers? Here's some example, meet Sean Russell, cryptocurrency investor: https://money.cnn.com/2018/09/11/investing/bitcoin-crash-victim/index.htmlRussell rarely played the stock market and had little investing experience when he put around $120,000 into bitcoin in November 2017. He was stunned when that turned into $500,000 in just one month.
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The dream didn't last for Russell, who works as a property developer in the United Kingdom, buying homes and fixing them up. The price of Bitcoin surpassed $20,000 in December before collapsing. It now trades at $6,300.
Russell attempted to mitigate his losses by shifting money from bitcoin (XBT) to an offshoot called Bitcoin Cash and other cryptocurrencies including Ethereum and Ripple. But that didn't work, and Russell says the paper losses on his initial investment have reached 96%. Vote changing allowed, no time limit. |
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Things are getting serious: Cryptocurrency behind Great Keppel Island's $300 million resurrectionhttps://www.smh.com.au/business/companies/cryptocurrency-behind-great-keppel-island-s-300-million-resurrection-20180903-p501ip.htmlNow an ambitious cryptocurrency consortium plans to resurrect it as a high-tech wonderland including a luxury resort, private villas and apartments, a golf course, retail outlets and a marina in what is being sold as the world’s largest cryptocurrency-backed property deal.
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In coming days investors will be invited to buy so-called Great Keppel Island Tokens in order to fund the $300 million development through what is known as a Security Token Offering, similar to an initial public offering for shares.
The tokens will be tradeable on existing cryptocurrency exchanges. Unlike other cryptocurrencies though, the GKI Tokens will be backed by the value of the development, which the consortium behind the deal claims will be worth billions after the development is complete. If this works, ICO could be seen as the most effective way to raise funds even for high profile developments. But something tells me this will end up as just another money-grab scheme where ownership of token means nothing. Anyhow, looking forward to the whitepaper. |
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Coinbase Survey Shows 18% of US Students Now Own Cryptocurrencyhttps://www.coindesk.com/crypto-blockchain-class-universities-coinbase/You could argue that Coinbase-commissioned survey on only 675 students is not very reliable, but assuming it's true and that nearly fifth of students is already into crypto, do you see it as a bullish or bearish news? On one hand, it shows that cryptos are already (almost) mainstream, hence there's not much room for further growth. On the other hand, in few years time, those 18% will be earning real money and it's more likely they will choose cryptos as their preferred investment. Thoughts? EDIT: Coinbase blog link: https://blog.coinbase.com/the-rise-of-crypto-in-higher-education-81b648c2466fTopic is self-moderated to counter any nonsensical spam replies
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When memes become reality, fresh press hit: In an interview with CNBC earlier this year, Pietro Grigerio, a dealer principal at a Lamborghini dealership in California, said his dealership has witnessed the trend firsthand. In December, when Bitcoin was hovering at $19,000, cryptocurrency-related purchases for Lamborghinis at his dealership soared from one or two a month between 2013 and 2016 to more than 10 deals in December. http://fortune.com/2018/04/03/bitcoin-millionaire-lamborghini-when-lambo/When's your lambo due? https://when-lambo.com/ |
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Found this gem in my news feed: http://www.bbc.co.uk/news/technology-43239781Bill Gates says crypto-currencies cause deathsRight now, crypto-currencies are used for buying fentanyl and other drugs so it is a rare technology that has caused deaths in a fairly direct way. We all have blood on our hands guys, how does this make you feel? Bitcoin can't keep getting away with this. It's time to stop before crypto body count goes even higher. But seriously, has he gone insane? What kind of logic is that? If I buy a gun and shoot someone - I'm not the one causing death, not even the gun itself, it's the currency that caused death in "fairly direct way". Lets take it a bit further, if I buy drugs with btc using wallet installed on Windows os - would he take responsibility if I overdose? |
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Can anyone explain how is it possible to alter your post stat? https://bitcointalk.org/index.php?action=profile;u=113106Comprar antes del 5 de marzo 01000010 01110101 01111001 00100000 01100010 01100101 01100110 01101111 01110010 01100101 00100000 01001101 01100001 01110010 01100011 01101000 00100000 00110101 Edit: I made it!! [imghttps://s17.postimg.org/6dqnd5gan/made_it.png[/img]http:// What does any of this apparent hacking of the post count in your profile have to do with the fact that BTC HODLers (hopefully including ur selfie, even if you have been demonstrating hostility to yours truly) are either going to be RICHIE, soon, or at least less poorie... .? Looks like we BTC peeps are about ready to test resistance at $10k --- I don't know the odds of penetrating to the upside and staying there, but at least for the moment we are moving on up, as the Jeffersons might sing. getting closer, getting closer and Feeling good..... Feeling good. Actually not a hack, just one of the many quirks of this forum, perhaps look into it before you accuse. As far as the rest.....Look at --25 Septiembre 2016; DMI Indicator-Weekly  |
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Hopefully it's nothing and the guy is just larping but someone posted a snippet of, allegedly, poloniex' log in credentials and is threatening to dump complete list tomorrow: https://twitter.com/poloniexhack/status/962288838692474880Let's wait and see till tomorrow whether he delivers. Edit: if he tweets any link tomorrow, be extra cautious and inspect before clicking/downloading anything. |
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What about changing user profile merit page so it shows total of merit sent/received + number of users transacted with, i.e.:
Merit sent: 123 from 74 different users
Merit received: 115 from 92 different users
And, in addition, the "history" button that directs to the page with all the details of merit transactions (what is now the current Merit page).
Rationale:
You can calculate the total numbers right now, but it's going to be progressively harder as the time goes by.
Total numbers are simple and useful tool when you want to use merit score as a rough guide of user's constructiveness and contribution to the forum (i.e. for signature campaigns applicants).
Such numbers also help to quickly compare users based on points actually earned (adjusting for their initial distribution merit score).
Number of users transacted with also helps in detection of "anomalies" (aka trading points), i.e. 250 received merits but only from 4 users could suggest abuse or misuse of the system.
Thoughts?
ps. Idea is so simple, I wouldn't be surprised if someone suggested this before, but haven't seen it yet, so sharing.
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Sad story from UK, it's all over the news today: Britain's first Bitcoin heist as trader forced at gunpoint to transfer cyber currencyhttp://www.telegraph.co.uk/news/2018/01/28/britains-first-bitcoin-heist-trader-forced-gunpoint-transfer/Armed robbers broke into the family home of a city financier turned Bitcoin trader and forced him to transfer the digital currency at gunpoint, in what is believed to be the first heist of its kind in the UK.
Four robbers in balaclavas forced their way into the home of Danny Aston, 30, who runs a digital currency trading firm, before reportedly tying up a woman and forcing Mr Aston to transfer an unknown quantity of the cryptocurrency.
... Other links: http://metro.co.uk/2018/01/29/uks-first-bitcoin-robbery-prolific-trader-forced-transfer-fortune-7268576/https://www.thesun.co.uk/news/5444048/bitcoin-robbery-gunpoint-danny-aston-oxfordshire-amy-jay-baby/
I hope targeting bitcoiners won't become a new trend for criminals. And seriously, what's the best practice to prevent such cases, when you hold/have access to significant amount of bitcoins? Sure you could hide your private key (or part of it) in some secure place outside of your home, but then the risk of you (or your family) getting tortured or even killed increases. Well organised group as described above unlikely would be happy to leave with nothing. And what about exchanges? 2FA is a prevention from hacking, but won't work at all if you're held at gunpoint. I'd be very happy to see some extra (opt-in) security features on exchanges, i.e. few days delay in withdrawing BTC above certain amount. Thoughts? Disclaimer: I'm just a humble crypto-enthusiast and only hold modest amounts. Plz no raid.Edit: alternative thread (no signatures allowed): https://bitcointalk.org/index.php?topic=2838558.msg29168004#msg29168004 (thanks vintages) Edit2: Please don't quote this entire post when replying unless it's necessary (almost never is). It makes thread harder to read and it's a bad practice. Edit3: another, more horrific story from Moscow: https://cointelegraph.com/news/moscow-man-mutilated-and-mugged-for-1-million-in-bitcoin-local-sources-report |
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Simple poll. Question as in topic.
No time limit. Vote changing allowed.
Self-moderated just in case, but I don't intend to use it.
Things to consider:
Brand recognition - you can hardly find anyone who has never heard about Bitcoin. They sure as hell don't know how it works, but they heard about it.
Omnipresent mainstream media coverage - countless number of press hits and mentions, all the financial 'gurus' have talked about it. No one is surprised by this anymore.
Years ago most would define 'mainstream' as widespread merchant adoption, but maybe it just wasn't meant to be...
Vote. Discuss.
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Bitcoin: The Case For A $10,000 Coinhttps://www.forbes.com/sites/forbesagencycouncil/2017/09/25/bitcoin-the-case-for-a-10000-coin/#7e28fd9b3918You’ve probably read it on a multitude of news outlets, but the decentralized virtual currency Bitcoin is on a seemingly unstoppable tear, rising over 54% in value the first two weeks of August alone. As of late August, its value was at $4,625 per coin. Taking an even wider step back, Bitcoin has outperformed virtually all major asset classes, rising over 520% in a one-year period.
But is this staggering trend sustainable, or are we merely in a bubble? There are a number of drivers behind a doubling of the value of the currency – and I think there's a case for a $10,000 coin in our near future.
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Quick poll just to check what's the forum members sentiment towards Bitcoin Cash and how will it impact the BTC price (therefore - yes, it's bitcoin related).
Changing votes allowed.
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Some guy on 4chan claims he has access to ~22k private keys from his wallet generating website. Could be BS but worth sharing:  Narrowing down: created in 2012 posted on reddit and 4chan traffic increased in 2014 first 5 pages of google searching "bitcoin wallet generator" |
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Ethereum stealing (some of) Bitcoin's lunch in this major UK press hit, but overall positive about both. It's not just Bitcoin anymore...http://www.bbc.co.uk/news/amp/40021902The price of Bitcoin, a digital currency once located at the fringe of finance, has been rising to new records in recent months as digital assets move into the mainstream.
On Tuesday, it shot past $2,200 (£1,700), more than doubling from just two months ago. And a newer currency, Ethereum, has climbed even faster.
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