I was watching this video on Youtube and my attention was immediately drawn to the BTC Casascius coins used in these Coin pushers.

What a disappointment it must be for someone to go through all the trouble to win these things and then to find out that it is only worth a

couple of dollars. See this pic --> http://prntscr.com/s84dqq and this video ---> https://www.youtube.com/watch?v=MigTODRl64g

I think it will be a great idea for someone to actually start a Coin pusher with actual bitcoins (paper wallets) to introduce people to Bitcoin.

A video like this will go viral if one of the Paper wallets actually contained a full bitcoin and people actually won a few thousand dollars

worth of bitcoins.

If you own an arcade or one of these machines, please try this idea and let's see if it actually takes off.    I do not know what the legal

limits are for these machines, but it will be better than having worthless Casascius coins in there.   

Bonus video with Gold coin - ( https://www.youtube.com/watch?v=_sRlVK19abg )

Just think about it a little. 

You know that whatever happens with your government controlled investment, you will have a safety net from that government. History has shown us how governments have bailed out Banks and/or injected millions or even Billions of tax payers money into economies to protect it.

They are printing Trillions of Dollars to reduce the impact of this Covid-19 virus on their local economy and they are doing this with money that was supposed to go to critical needs. (Public Health care / Social grants for unemployed people etc.)

Did Bitcoin get any support from governments when Stock markets plummeted lately? No, because Bitcoin is seen as the enemy. 

We relish in the fact that Bitcoin is not supported by the injection of slow poison from these governments, because this cannot be sustained indefinitely. At some stage we will see that taxes would not be enough to save Banks and/or local economies. Companies and individuals can only pay so much taxes, until they go bankrupt.

It is only smoke & mirrors to postpone the inevitable collapse of the global economy. Will Bitcoin then be seen as a real safe haven or will it be too late? 

Now, this might sound strange, but a few years ago Bitcoin was doing very well and people sat up straight and Bitcoin grabbed their

attention. (Around 2017 when the Bitcoin price reached it's all time high of around $18 000 per bitcoin.)  Many people started to take

Bitcoin seriously and they thought it would go mainstream soon.


I was one of them and I told that to everyone that took the time to listen and some of them did. A lot of my friends bought bitcoins at

the all time high, believing that the price would skyrocket to $20 000 or even $50 000 per coin. As you know this did not happen and the

price dropped with more than 80%.

Since then a lot of us Bitcoiners became the laughing stock and the butt of the joke for the people who were too scared to take the

risk.

I hope we can prove them wrong and that we can turn this around in 2020 and have the last laugh, but I hope this is not too late for

the majority of my friends who are holding on with the tip of their fingers. 

So, watching the price of Bitcoin going down, made me think of reasons why this might be happening now.    I saw the news of the Chinese

scam and the coins being liquidated, but that sounds like a lame excuse for the price going down. A better reason might be that people are selling

coins or using coins to buy Xmas gifts. Let's be honest, it is that time of the year and people are going on holiday, so they need to dive into their

Bitcoin hoard to pay for that and also some Xmas gifts. 

                                  Are you using your coins to buy Xmas gifts and to pay for your holiday expenses?

Craig Wright: "BTC is not Bitcoin" 

https://www.youtube.com/watch?v=1mItX9ku35U

The snake oil salesman is at it again. Pretending to be Satoshi again and saying everyone should not be running nodes and Bitcoin was not meant to

be anonymous.    Feel free to share your likes and dislikes on the video and please comments on this rubbish to expose the truth. I do not want

to give him more exposure, but I also do not want his rubbish going uncontested. (It is obvious that he is choosing interviewers who are clueless and

who would not challenge him on the bullshit he is spreading.) 

I have seen several high budget documentaries, but a lot of low budget Bitcoin movies.



This is one of the latest low budget movies I have seen on https://www.imdb.com/title/tt3295330/?ref_=nv_sr_srsg_0 

There must surely be some early investor or whale or successful Bitcoin company that can sponsor a high budget Bitcoin movie? I know there are

high budget movies where Bitcoin is mentioned, but most of them puts Bitcoin in a criminal plot and it puts Bitcoin in a negative light. We need to

make a movie, where Bitcoin is the hero and where bitcoin is changing people's lives in a positive way. 

https://deythere.com/2019/12/13/africa-experiences-surge-in-use-of-digital-currency/

"A Citibank report ranks Kenya among African countries holding the highest amount of cryptos that translate to 2.3 percent of gross domestic product.

As many as seven African countries have cryptocurrencies banned outright while 10 countries are yet to take an official stance on it let alone formulate laws and policies that will enhance its growth.

The cautions by central banks have not deterred crypto traders in Kenya, Uganda, Tanzania, Ghana, Nigeria, Benin, South Africa, Liberia and Burkina Faso from transacting.

African countries will have to enact solid data protection laws to shield users against cybercrime. For instance, Paxful has more than three million traders with six-figure transactions across Africa. This is the rate of crypto adoption."

It is no wonder that the Reserve Banks in Africa are the one cautioning the Crypto currency users and traders, because they are in bed with the

government and also the major Banks. A lot of these local currencies are manipulated by International Banks as we saw with the latest news of 20

international Banks colluding to influence the South African local currency. (ZAR) 

I have never considered buying "things" with your bitcoins on Black Friday as a good choice, but I did change my mind today. Previously I thought

it was a bad idea, because you might buy something for say 0.006453 ($50) today and a month after that the value of those coins might double or

triple and you would regret paying for those goods and services with bitcoins.

A friend of mine changed my mind, because he says we (The Bitcoiners of this world) must support the merchants that supports Bitcoin or they will

simply stop supporting it and he says the Bitcoin price might plummet to $10/BTC and you would be glad that you spend it, whilst it was still valued

a lot more.  

We have regular power failures in our area, so I decided.. f%^ it.. I am going to buy a UPS and a generator to protect my electronic devices and I

bought these items at a local shop that supports Bitcoin payments. (I received a 65% discount on both items.)  

So, what did you buy and did you support our Bitcoin merchants?

Source : https://www.reddit.com/r/Bitcoin/comments/e0f545/new_alltimehigh_ath_on_bakkt_2728_contracts_2030m/

So you think this is really a massive Bitcoin dump going on? Guess again, the big boys are running in the opposite direction.    We panic so quickly,

but we also forget very quickly where we were in January 2019. ($3000)

This is the time to buy my friends and if you already own some bitcoins to hoard them. Do not fall for the Chinese fud that are being spread in the

mass media and on social media platforms, because it is just smoke & mirrors.  

[Bitcoin]

I checked out Reddit's reward option today and I noticed that they do not have Bitcoin as a payment option. Do you think they should add Bitcoin

as a payment option or should they stick to this? --> http://prntscr.com/q05wme  

I think Bitcoin (with the Lightning Network) has evolved into a scalable and fast payment option and it would not take a lot of effort to add Bitcoin

as an additional payment option for their own Reddit coins.    

Should we petition them to add Bitcoin as a payment option or should we just ignore this blatant absence of one of the most revolutionary payment

options on this planet, called Bitcoin (BTC)  

Please feel free to give your opinion and also participate in the Poll, so that everyone can see where we stand on this issue.

Source : https://gizmodo.com/the-guy-who-invented-those-annoying-password-rules-now-1797643987

So, we have been using all those case sensitive passwords with all those symbols and numbers and it was not the most effective way to secure your

wallets or online services.  

Do you agree with this article about passwords and would you change your password to a longer password with a combination of random words to

increase the entropy? Luckily I love long complex passwords, so I am relatively safe either way. 

Let's discuss.

Today I decided to crawl around on the so-called DarkNet to see what people are sellling for Crypto currencies. First of all, I was amazed how many

people are dealing in Monero these days. The second thing that grabbed my attention was the weird things people were buying online with their

bitcoins. You have the normal drugs and steroids and stolen credit cards, but what caught my attention was the dirty panties. That disgusted me

to no end... why would someone want to buy used panties with stains all over it? In any way, it was a fun afternoon and I have seen some very

weird and disgusting things.... but I will never buy used panties.. thanks.   

                                             What is the most weirdest thing that you have seen for sale for Bitcoin?   

We see a lot of these Banks that wants to sabotage Bitcoin and Crypto currencies by closing people's Bank accounts. When this happened in

countries like Australia, some people closed their Bank accounts in support of these people and they moved their business to other Banks that

supported Crypto currencies. They also took this to court and the court decided that this was anti-competitive behavior and they were forced to

stop that. So, the question is simple : Would you close your Bank accounts, when your Bank turn against Crypto?

Do we need new Banks that would go up against these large Banks to facilitate the conversion of Fiat to Crypto currencies? I think Banks doing this

will quickly change their policies, once millions of people start moving their accounts to Banks that supports Crypto currencies.

We do not need Banks, because P2P conversion is possible without Banks, but it just makes things so much easier for people dealing with exchanges.

What do you say? Please participate in the Poll.  

Today a friend of mine asked me to help him install Bitpay on his Windows computer. I thought it would be a breeze, but it was a sh1t show. You

are forced to create a Microsoft account and then when you want to download the App the real sh1t starts.    He has Windows 7 installed on his

computer and guess what, BitPay requires --> http://prntscr.com/pxwn63 (minimum requirement of Windows 10 version 14316.0 or higher)

Most sites require BitPay for the payments, but if people have to go through all this sh1t to setup a wallet, I do understand why they just give up on

Bitcoin and just use credit cards and PayPal. I would much rather pull a tooth without anesthetics.. than having to go through that again. BitPay

was designed to strip you of all your anonymity.  

As an entrepreneur I always look for the challenges when I want to think about something new that would change the normal way that people are

doing things. This mindset has never changed and I am always looking for easier and more user-friendly ways of doing things. Back in the day I did

most of the boring work with complicated Dos batch files or scripts to get things done quicker. So how do we apply that mindset to Bitcoin?

The answer is simple >>> "Look for the problems in the other payment systems and solve that with Bitcoin"

~~ Is Bitcoin more convenient to use?
~~ Is Bitcoin cheaper to use and where will that solve problems?
~~ Is Bitcoin safer to use than traditional payment options? Where will it be safer to use?
~~ Is Bitcoin easy to use (How can we make it easier to use?)
~~ Is Bitcoin faster than other payment options? (Where can we apply it to solve problems with other slow payment options?)
~~ Are we using Bitcoin for the correct applications? (Trading or Currency) What should we focus on?

These are just some of the questions that we need to ask to get to a better solution for the problems with the other payment options. Can you

think of any problems and challenges that Bitcoin can solve now and how do we use Bitcoin to solve these problems now? 

The people manipulating the price are becoming too predictable now. They trigger a massive drop in the price and people follow like sheep and start

dumping some coins. When the price drop between $600 to $1000, they quickly start buying again to turn things around and then they just wait for

the price to recover slowly to sell at a $600 to $1000 (per coin) profit. Rinse and repeat and you smile all the way to the Bank.    They make

sure not to make the price too volatile, because that would scare merchants and it will hamper merchant adoption. So, how low are we going this

time around? We saw $3000 in January and we made some good profits at $12 000... The 2017 buyers made some massive losses on the coins that

they bought at the all-time-high (ATH) of $18 000, so I think it is time to reward some of them with a recovery to $20 000. 

There are so many Electrum phishing sites out there at the moment, so I think someone must post a "How to" guide in this section with the

information on how to get to the latest wallet executable and also the Github repository. Then the mods must sticky the thread and give people

a tutorial on how to validate the signed signature to check if it is the original software. Would this be more helpful and secure than simply having

people using search engines and getting re-directed to the wrong software?

Please let's discuss the pro's and con's of doing it in this way. 

I watched the news last night and I saw how people were demanding better service and/or rights by acting collectively. They

might turn to drastic measures like boycotts or Strikes or even mass mailing complaints to accomplish their goals. We want

these services to start to take Bitcoin seriously, but we are not pushing hard enough. I think we should target one online

merchant and then mass email them collectively to ask them if they could consider accepting Bitcoin as a payment option. We

could switch merchants every other week to reach more merchants.    Someone should just start a Poll to ask people what

merchant should be targeted first and then details should be posted about the contact details of their support to get things

started. I have been contacting some services individually, but it is not making any impact... I think if MANY people do this

collectively.. then companies will see that there are lots of demand for Bitcoin payments for their services or goods on their

platform. What do you think, would this work?  

I was just wondering about something, when I saw 100s of people signing up for signature and bounty campaigns for $2

payments per week, if it would not be more profitable for these people to rather host a Lightning Network node and get more

income from that?

This will boost the Lightning Network node count a lot, if earnings from this was more than the meagre $2/week they are

getting from Signature campaigns?

This will also reduce spam on this forum?

Please share your income from your Lightning Network node with us? 

Has anyone cross checked the time zones with the drop in the price lately? I want to know if there are a direct correlation

between a significant drop in the price and a specific time zone? If we can link a specific time zone with a drop in the price,

then we can narrow down where the downward pressure are being applied. I think most of the pressure are coming from a

group of traders from a specific country.    Not all trading platforms are operating 24/7 and OTC transactions are more

likely to happen, when people are not sleeping.    { https://www.tradingview.com }

What do you think, is this possible?