Bitcoin transactions are not anonymous. I do like that no government directly controls it.


Reminds me of the story The Emperor Wears No Clothes


There is more to this hyped up story. Amazon with purse.io has very mixed reviews, fees and some risk involved. You buy the bitcoins at an inflated price you then buy a gift card that has a high likelihood of being purchased with a stolen credit card. If and when you get your product it will probably have no warranty or return policy because the gift card was non-transferable, if it was bought with a stolen card Amazon very well might come after you.

But seems as if the bitcoin bulls took it ran with it and feed it to the sheep and they happily ate it up.



I keep seeing this. I see future in this and remittances to countries like Mexico. 

BBC News is on of the biggest news outlets, the most read news site and the most linked to news site. These are the type of factors that determine what gets ranked first.

Why would it be a surprise that they are ranking on top ? or "cheating" ?

I have never set stuff up on azure I believe it is very similar to AWS.

On AWS you build and set up your own platform and youconfigure everything. If you do not know what you are doing the security is not going to be secure. 1 wrong configuration one box left unchecked, etc you have a security hole. You also need to keep up updates and patches which can also turn into security holes.

If you have not managed hosting before I would recommend buying a managed VPS hosting plan. The company you get it from will handle of of the main configuring and setting it up they will also have experienced admins keeping tabs on updates and security.

If you want to pay around on AWS I would highly encourage it. It is cheap pay as you go, make an acct set up a site, study the security of it and see if you feel comfortable.

Good strategy. I do not have much experience in the cryto currency world but I have done lots of web development projects. 

Like you said "everyone has ideas but very few actually implement it". Ideas are worthless, everyone has them .0001% of then actually turn into something real.
Writing something down is the first step I take.

There are some smart people around here but to get smart people interested you will need some interesting materiel for discussion. If not you will get a bunch of low grade comments.
That is internet discussion boards in general.

I might be interested next week. I am waiting on a few million usd from Nigeria, I am helping a political figure with some of his banking issues.

Nigeria seems to be a rich business hub these days.

I didn't say the average consumer "cannot" use bitcoin. I said they have no reason to. They have reason not to -Fees and complications.

The average consumer will not pay more for complications. and they will not go tru complications to pay more. That has negative value, no one intentionally buys negative value.
My question is digging for value bitcoin can offer the average consumer.


I agree the more users the better. The problem is not many people are using it. Only speculative buyers=bubble.

Until bitcoin and crypto currency becomes attractive valuable to use it will just be an experiment and a speculative bubble that will come crashing down. 

Another big issue is fiat currency in owned by governments. They are not just going to let billions and billions worth of wealth just go away from their greedy ownership. 

I agree popup need to go away. They annoy users, make websites look like trash and degrade the websites reputation.  Most clicks on popup are accidents so people get directed away from the site to some spammy trash.

They are also almost always not profitable. The ROI on popups is so small.. usually less then 1000-1 That means if you are paying .25 a click you will spend $250 to get 1 legit sale.

I love my Firefox Adblock..

I agree with you guys. Paypal is one on my big motivations to look at alternative payment and money transfer systems. Paypal is not a safe or reliable method for a seller to do business. The charge backs have created a large scam and made it very unstable for sellers.

As a web designer and developer I can not take payments tru Paypal. If someone does a chargeback months later I have 0 protection because I sold a non-tangible good. Someone could need money to pay thier mortgage, decide the business was a bad idea, whatever reason they could get all the money back. and if you do not have it in the acct linked to Paypal they will freeze it. I am not going to put hundreds of hours of work into that kind of risk.

I am looking for a nice clean crypto payment solution that I can get paid on bench marks and phases of a project. After I get paid for the agreed upon terms the money is safely mine. Just how contracts and deals are designed to work.



To research and study crypto currency.


You are telling me asking Why would the population use bitcoins ? is "stupid" ?

Bitcoins and cypto currency has a problem. It has no mainstream practical use. This is problem because without that all this "value" is just a bubble.

You are probably running around like a clueless lemming thinking they got in on some secret at the "ground level". This is what all Lemmings in bubbles think. Others are researching and developing real world ways to use crypto currencies.

Why would someone use it ? is the first thing to ask in the realm of design and development.   

A couple personal future benefits I see in using bitcoin or a similar cryptocurrancy. Some are here now, most are still developing.

1- It could store wealth in the ether. I only need a small file encrypted with my keys in it. I could store that file on “the cloud” and access it from anywhere in the world.
-Much safer and easier then carrying around gold coins or fiat.
-It is independent of any commercial financial institution.
-Accessible from anywhere in the globe.

2-Transferring payments digitally and independently. I can transfer money directly to a person and not go tru a commercial financial institution.

3 Anonymity my payments are not being monitored, watched and recorded on a database. My financial activity is not being harvested and sold to a 3rd party that does not have my best interests in mind(only their personal profit).

At the current state there is no piratical reason for me to use Bitcoin(other then research). But I do see some great development going on and I do have some hopes for it.

These are my personal interests in bitcoin and crypto. I am wondering the billion dollar question WHY people mainstream people would use bitcoin/crypto ?

Why use Bitcoins ?

I keep seeing threads on “why don't people” ? The real question to me is Why would they ?

-The average consumer will go way out of their way to save money. Bitcoins cost more.
-The average consumer will usually pay a little extra to have convenience. Bitcoin is less convenience and more hoops and complications.

I just cannot see any reason for the average consumer to use Bitcoins. Until average consumers start using Bitcoins they will just be an experiment and a small speculative bubble.

I have my personal reasons, I am interested Bitcoins them as a tech person, speculative investor and person that follows evolving treads and markets. I am just struggling to see any.. benefits for the average consumer at this stage.   

If you can take a class from a professional teacher, you will learn faster.

Spend an hour a day, reading, listening watch movies in that language. Write down and learn 5-10 words everyday.

The main article I got a 404.

1) I will personally try coincheck.com I am always trying to find reliable payment processors. This is the model that is needed seemless bitcoin integration.
It is hard to say until you start to try them and see how reliable they are and what the TOS is. Many newer payment processors are super buggy and will lose you a lot of sales/money. Many established one like paypal have horrible TOS and will freeze your bank acct at the drop of a hat.

Payment processors can be a massive headache it is good to have at least 3-4 at your checkout. One that takes Bitcoin even better.

2) The technology is a couple of years old but it takes a very dedicated and well funded company to keep it going, patched, secure and keep the bugs at bay. Many times payment processors seem great until you start using them and they start failing you. Think about how many times you go to order stuff online and your order doesn't go tru- it is many times the fault of the payment software.

In the world of investing they call it a "Dead Cat Bounce".

Sounds like he has a lot invest in btc and is getting nervous watching it slide down.. He is getting lots of bets.

McAfee has a massive ego that doesn't mix well with investing. He also bet on the US and the usd collapsing, built a compound in the Belize jungle and then came running back when the locals started pillaging him.

I agree somewhat, from the beginning most likely just an experiment set out into the wild to be funded by the wild. Millions of dollars created billions of dollars worth of concept design, productivity and applied theory. Social engineering at it's finest.   

Billions of dollars everyday flow tru off shore bank accts and shell companies.

And how the hell are you going to buy a house with bitcion without "explaining the origin of the funds" ?? If you are talking about anonymous money storage and transfers Bitcoins is not the only game or the best game. and to sit in a losing Bitcoin investment because you are to lazy or ignorant to seek an alternative ..?

You are talking about a brand new speculative market that is volatile as hell. and your strategy is to sit.. ? Because everything else is "HAHAHAHA"



Not all investments are for purely holding value. If you need to drive a car everyday you invest in one and use it, make money with it and enjoy it. I made a lot of money with my car in 2013. It was tool and a good investment.


"bitcoin price history" a steady line then a massive spike= Bubble. Same movement all bubbles have.

"Bitcoin adoption" is slow... slower then investments= Bubble.

Why does it have to be fiat ? Lots of tangible goods are for sale out there. Gold, real estate, cars, stuff that has been around a hell of a lot longer the Bitcoins and has held value much more steady.

Bitcoins is still a speculative market. It is not a solid investment, it is a game. Like any speculative market people who stay in when it sinks will lose.

Here a are couple of main reasons retailers do not take Bitcoins.

1- They are still difficult to deal with. You have to figure out how to accept them, where to store them and where and how to turn them back into fiat currency.
Retailers do not want to sit down and study this all and figure it out they just want systems that will take a payment. 6-seconds done..

2- Much of the gateway technology is new. New technology means bugs, problems, lag time, learning time, failed experiments, bankrupt companies, etc. Retailers just want proven stuff to plug in and go.

3- Bitcoin is unstable. It can lose 10% in one day. Retailers have tight margins 10% can make or break the profit in a sale for many.

The big reason WHY ? Why would a retailer go tru the extra trouble .. ? You have a few devoted Bitcoin fans and you have some of the IT crowd exploring it but as far as mainstream it needs to be easy and worthwhile.

People do not go out of their way just to make life hard for no reason. Especially when it comes to $$$. In the world of retail the payment is the final end of the line. It needs to be as easy and flawless as possible.

Bitcion need better apps, less fees and become more stable to start with.

Why would I stay out. Fiat currency will not go up and down 20% in a week. Might go down that much in a week in Nigeria or Valenzuela.

Bitcoins is a speculative game at this stage. If you plain on "buy and hold" you are going to get burned..