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1321  Bitcoin / Bitcoin Discussion / Re: Bitcoin changed the men but not the women on: January 30, 2019, 10:32:12 AM

It's undeniable men changed proportional to bitcoin, women didn't change for it.
whenever I give men bitcoin they will hold it
Whenever I give it to women they will sell it for $$$
Just deal with it women love money > bitcoin

looks to me that women are playing more secure according to your perspective, but i also have heard of bitcoinistic women.

The most common complaint I get from them are the price up and down, in fiat generally, I often tell them to hodl it despite the USD value up and down everyday, their bitcoin value are still the same, but they just couldn’t stop complaining the same worry they have, I think fiat have better security because it didn’t “up and down so often”?

hodl will not save bitcoin, not at all

I don’t recommend them to trade the bitcoin.
Just imagine today is my little daughter birthday and I gift her some bitcoin instead of fiat and told her to spend the bitcoin in anything she want, the first thing she would do is convert it to fiat, fiat is the thing that she really want for her birthday, now you should get why I believe fiat > bitcoin for them.
1322  Bitcoin / Bitcoin Discussion / Re: Bitcoin investors now moving to gold on: January 30, 2019, 10:22:15 AM
To be precise they’re moving to paper gold, which is NOT physical gold, that’s definitely going to hurt crypto because more money will be moved into nothing but a imaginary gold. Unless you’re talking about trading bitcoin for physical gold going offline, not trading some contract gold otc.
1323  Bitcoin / Bitcoin Discussion / Re: Bitcoin changed the men but not the women on: January 30, 2019, 10:06:01 AM

It's undeniable men changed proportional to bitcoin, women didn't change for it.
whenever I give men bitcoin they will hold it
Whenever I give it to women they will sell it for $$$
Just deal with it women love money > bitcoin

looks to me that women are playing more secure according to your perspective, but i also have heard of bitcoinistic women.

The most common complaint I get from them are the price up and down, in fiat generally, I often tell them to hodl it despite the USD value up and down everyday, their bitcoin value are still the same, but they just couldn’t stop complaining the same worry they have, I think fiat have better security because it didn’t “up and down so often”?
1324  Bitcoin / Bitcoin Discussion / Re: Bitcoin changed the men but not the women on: January 30, 2019, 09:58:41 AM

It's undeniable men changed proportional to bitcoin, women didn't change for it.
whenever I give men bitcoin they will hold it
Whenever I give it to women they will sell it for $$$
Just deal with it women love money > bitcoin

It's a fun topic after a long time on bitcointalk! Let me answer it in a fun way!

Quote
whenever I give men bitcoin they will hold it

You give bitcoin to a collage kid, he may want to hold it for a bigger profit. You give bitcoin to a man with responsibilities, he will sell it for take care of his responsibilities. So it entirely depends on the situation of receiver.

Quote
Whenever I give it to women they will sell it for $$$

Same theory goes for women as well. You give bitcoin to a woman with Kids, she may sell it to buy something nice for her kids. You give bitcoin to a woman who is earning well, she may want to save it for future to get a good profit margin. Even after being a man, I personally believe that women are more goal oriented people. They don't always spend their earning in useless shopping but save for unforeseen future.

Quote
Just deal with it women love money > bitcoin

We all do! In my country, there is no scope of using bitcoin directly to any merchant store. So I always covert it to local fiat so that I can use it. It's more of a practical issue that psychological one I believe!



Between hodling and spending in bitcoin
I found they tend to turn it into fiat and hodl the fiat to spend it
Definitely fiat > bitcoin in their heart.
1325  Bitcoin / Bitcoin Discussion / Re: Bitcoin changed the men but not the women on: January 30, 2019, 09:45:43 AM

It's undeniable men changed proportional to bitcoin, women didn't change for it.
whenever I give men bitcoin they will hold it
Whenever I give it to women they will sell it for $$$
Just deal with it women love money > bitcoin

I've got some things in my mind regarding your opinion here:

- Men who have responsibilities and have got nothing in hands but Bitcoin, won't hold but sell them not for the sake of profits but to pursue their responsibilities smoothly, same applies to those women who come in the same category.

- Women who are independent, have ^spare^ money to invest and keep it aside for a side income whereas they've got a real world job to survive on other hand, will definitely hold their coins for a duration even longer than men can hold, same applies to those men who come under the same category. So, you can say that women are less in crypto space compared to men; but pointing a question towards their hodling capability is not fine at all. I know one of my female friends who held her BTC till that 2017 spike and sold when it was $14k (although she wanted wanted to sell at a million bucks, she had been hodling them since 2015 so it was a great return to her patience).

I could accept some independent women are successful, but when I look at the top crypto hodler list, I could barely get any women in the list, something that make me cannot convinced they are fine with being in the list.
1326  Bitcoin / Bitcoin Discussion / Re: Bitcoin changed the men but not the women on: January 30, 2019, 08:40:03 AM
Nihil novi, this is a well known fact that men are more in to tech, since and development in general.
We can clearly see it here, on forum we have over representation of men (imo a good thing :_p)
Behavioural evolution thought women to love shiny stuff, utilities and resources more than everything else.
It would be unfair to have some sort of pretensions against women living accordingly to their nature.
Unfair and even stupid because we are just different, diametrically and obviously in deep need of each other.
Don't let the new anti-woman narration fool you, it is designed to divide and conquer, separated and antagonised people are easier to rule. #MGTOW #redpill those "ideology's" are on a must know list but everything driven to the extreme may be harmful.

It is interesting to observe the behavior of the tendency toward fiat, since both of them are readily spendable, what could be the reason fiat has a better position in their mind.
1327  Bitcoin / Bitcoin Discussion / Re: Bitcoin changed the men but not the women on: January 30, 2019, 08:08:34 AM

It's undeniable men changed proportional to bitcoin, women didn't change for it.
whenever I give men bitcoin they will hold it
Whenever I give it to women they will sell it for $$$
Just deal with it women love money > bitcoin
In my opinion you have described your opinion logically. Of course, men want to earn as much money and you are all competing with each other. Women like to spend money and therefore they have less patience than men, but not all, to the majority .

Oppose to spending the money
Holding bitcoin is difficult, holding fiat is much safer.
And yeah I try to tell them to spend it on bitcoin. They would still go for fiat.
1328  Bitcoin / Bitcoin Discussion / Bitcoin changed the men but not the women on: January 30, 2019, 07:45:02 AM

It's undeniable men changed proportional to bitcoin, women didn't change for it.
whenever I give men bitcoin they will hold it
Whenever I give it to women they will sell it for $$$
Just deal with it women love money > bitcoin
1329  Bitcoin / Bitcoin Discussion / Re: So I told my banker about bitcoin on: January 27, 2019, 05:56:50 PM

Does that change anything?
My parents can't use online banking. They are never going to learn the app because there are too many buttons in there and too many things to click and fill in. Too many boxes and you have to get a confirmation on your phone and remember the login and password. It's too complicated for them they prefer to swipe the card where they need to.
That didn't stop the applications from being developed and more people choosing online banking. Nobody cares about people like my parents.

More people will use online banking in future because we hope the new generation will be smarter than this generation, but it is not true, new generation are not smarter, only few of them are exceptionally good, the rest are just dumb, they are the people who continue look for help from the bank.



I am not sure how a bank could approach you and ask you to create a wallet for them if they do not have any idea about it, are you telling that they are planning to accept bitcoin and they are asking your help to create a wallet for them which is absurd in the first place, may i know the bank details to come to a conclusion. In reality these actions wont happen like this, there will be a board meeting and they would hire someone who could teach them and then they will decide on how to proceed forward, i am not sure what the situation is here, if you can tell me which country you are from that would be a great insight for this topic.


I just go around and tell some bankers, definitely not some serious meeting, just some casual talk, they don’t dislike bitcoin, so I don’t think much before telling them what I know about bitcoin.

1330  Bitcoin / Bitcoin Discussion / Re: Bitcoin Is The Most Ridiculous Invention Ever Made on: January 27, 2019, 01:14:09 PM
Paper gold are the king of nothingness and the crooked bank continue to sell it.
My point is nothing wrong by turning money into paper gold, it is perfectly legit.
1331  Bitcoin / Bitcoin Discussion / Re: Bitcoin is now consuming 1% of the world's electricity. Is that sustainable? on: January 27, 2019, 01:04:03 PM
Not to forget most of the mining farm concentrate on the same country, I think the consumption per capita will be vastly biased too.
1332  Bitcoin / Bitcoin Discussion / Re: So I told my banker about bitcoin on: January 26, 2019, 09:54:56 AM
well you right about so many people not being able to use smartphones efficiently apart from making calls which makes it difficult for so many to adopt use of bitcoin. But i belive if we all who are conversant with the use of smartphones in using bitcoin teach everyone we know, then in no time so many people will get use to using bitcoin on their phone. i remember when phones were newly introduced, so many people find it hard to even make call with and had the young ones who are good with technology teach them how to use it. so if the bank can teach people things then we can also teach them how to use bitcoin in smartphones
It is more of a minimum entry barrier everyone would face, but once they don’t have what it take to use smart phone for online banking, bitcoin would be a far-fetched for them.



.

Hmm lets see:

  • Install Electrum
  • Create a new wallet
  • Write (in a piece of paper) the 12 words and store it in a very safe place
  • Introduce a pin code (twice) to protect it from strangers temporarily using your phone
  • Go to receive so you can show others the QR code of your bitcoin address (if receiving) or
  • Go to send so you can either input a Bitcoin address or scan someone elses QR code (if sending)

That wasn't too hard, wasn't it? Especially considering you will do the first 3 steps only occasionally. Ok, handing a piece of paper or metal to a person next to you is easier but, next time you want to send money overseas, you are going to love skipping all the wire transfer fees and time wasted.

Using Bitcoin, it takes the same time (usually under an hour paying minimal fees) and effort to send the equivalent of 10$ to the person next to you, or 10,000,000$ to another country...
Doesn’t matter how easy it was, I found creating bitcoin wallet was easy too, may be easier than using electrum, but it may not be easier for them, because my grandma would never know how to turn on a TV, I don’t know what’s the problem.


lmfao im guessing they dont know much about how bitcoin wallets work xd never tell anyone to make a wallet for you and to then hand it over
That will be the number one reason they would never gonna use it, because no help would be given to them.
1333  Bitcoin / Bitcoin Discussion / Re: So I told my banker about bitcoin on: January 25, 2019, 11:47:57 AM
cash is not going to die, at least not in our lifetime but what does that have anything to do with bitcoin? bitcoin was not created to kill anything! besides who cares what the "bankers" think about bitcoin, it was not created for them to use. it was created so that people don't need them if they chose to spend their money. so that they have an alternative method that doesn't require these third party parasites that can only live because people need them.

they’re too busy to learn it
don't worry in a couple of years they will have enough time to beg others to teach them how bitcoin works and beg people to come back as their business starts to fail and they start needing another bailout.
Talk about begging, I believe it is how the banker told me, need to create a wallet for them and hand it over to them, and when the time come to spending, again help to use the wallet for them, just like how the banker got to help every banking problem.

Actually technology is advancing at very fast pace, 20 years before I used to write and wait for letters. Now nobody write, we just call.
So most of the people who already crossed 40 years or did not embraced technology in last decade are worst hit by technology advancement.
As far Bitcoin wallet is concerned it is technical stuff and only interested people are using , nobody is getting any commercial/government pressure to adopt Bitcoin so they can choose to remain ignorant.

I remember when my grandma ask me about how to turn on the TV all the time, when it come to smart phone, they just move their rant from TV to smartphone, and they have the same gut to ask how to use the smart phone to call her friend, key in the number, turn off the smart phone after using it, I think it is improving to the worse, the only thing remain the same are they need all the help when it come to technology, and most of them will need help all the time, the rest of their life need help.

The banker was outspoken and i like his/her replies to you.

Firstly, most of those Bankers are not technologically oriented in this 21st century rather cling to the old time outdated technology without effect. Some of them are older than  my Mum and Dad but still yet work in the Bank with their 90's knowledge, those set of individuals will not and cannot comprehend the modern days TECH.

Secondly, Their clients (that is the customers) most at times will always like to see the Bankers with minor issues that borders on transaction problem or sometime network problems. Client in this regard will be the most difficult humans to handle if eventually Banks adopt bitcoin into the traditional system. Imagine when there is 3 confirmation on the blockchain and my grand pa saw 1 confirmation at first still waiting for the other confirmations to occur, believe me on this; that, he will call Satoshi phone number to lay his complain.

So how will they be able to handle such hand full of ignorant from the public if eventually the digital currency merge with the traditional system?

I don’t think it is about the problem with 90’ or 80’ or some problem with generation. Every generation will have few highly tech savvy and have the rest illetarated population. The same with the younger generation, the Millenials generation are not exception, even in the next 22 century, the same portion of people will be tech savvy and the rest just be illetarated, even in the next 23, 24, 25 it will be the same. Certainly in future people wouldn’t be getting smarter, the smart will remain smart, the illetarate will remain illetarate, no amount of time will fix it.
1334  Bitcoin / Bitcoin Discussion / Re: So I told my banker about bitcoin on: January 25, 2019, 11:28:21 AM
Well, I understand your point of view but people are different. You should not impose your views and desires on everybody. There is nothing bad in the fact people do not want to use smart phones or anything. Of course, when their jobs or needs are related to these kinds of requirements it's necessary but anyway it's up to a person to decide if they want to be up-to-date or whichever.
Bitcoin want to replace the fiat, but the hindrance is just so obvious, and even some people believe it will remain to be niche to the very few tech savvy, what’s the point when it can’t replace fiat for the majority population.

My bankers told me, I need to help them to create an bitcoin wallet and hand it to them, and they’re too busy to learn it and it’s very difficult to use
And your point is? Wink

See, creating a bank account is also something they're too busy to learn (think about an accountant setting up a database, creating entries, checking log-in-credentials etc.).
That's all technical stuff.
No one in their right mind would expect a non-technician to do that.
That's what you have the tech guys for.

For some reason, however, a lot of people believe that with Bitcoin, this is somehow different.
Well, it isn't.

My point here is that "I don't understand the technology, therefore it won't fly" is just a sorry excuse for someone not to have to deal with anything unfamiliar.
Same old, same old.
When a banker want their clients to use their banking service, they would want their clients to know how to use it, first they will setup the account for them, and all the technical stuffs just like you’ve mentioned, and hand over the account which come with the accounting book to them, but it wouldn’t be the same for bitcoin, the banker couldn’t help their clients to create the bitcoin wallet, their clients security would be exposed to them, that’s the nature of bitcoin private key, and when they hand over the wallet to the clients, their clients’ account would have been compromised due to the private key being exposed to the guy who help them create a wallet. And nothing gonna change it because no one can help anyone to create their bitcoin wallet, which is why banker wouldn’t be able to help their clients when it come to bitcoin.
1335  Bitcoin / Bitcoin Discussion / So I told my banker about bitcoin on: January 25, 2019, 10:36:11 AM
My bankers told me, I need to help them to create an bitcoin wallet and hand it to them, and they’re too busy to learn it and it’s very difficult to use, they don’t believe cash would die, they deal with thousands of clients everyday who need bankers to create banking account for them, and they know a lot of people, despite having a smart phone, are not good enough to use the phone for simple online banking, they are only good enough to make phone calls with a smart phone, they don’t even know how to send texts to friends, they don’t believe their clients are capable to create their own bitcoin wallet and use it as cash, their clients would always come to them for help with their banking problem, and bitcoin didn’t provide any help as friendly as banker, it’s why it would fail to gain their attention. And more shockingly, they’re talking about their clients as young as 20-30s, they’re not gonna learn to use bitcoin, only a handful of very young people are tech savvy enough to use smartphone to their fullest, the rest of them are just like our grandma dealing with smartphone.
1336  Bitcoin / Bitcoin Discussion / Re: bitcoin the survival of the fittest on: January 18, 2019, 07:02:12 PM
it is true bitcoin has faced so many challenges which could have destroyed it in the past but at every given time it overcomes and comes back stronger. We can boldly say bitcoin will survive any challenge thrown at it

Basically it matches the “can’t beat it, join it” requirement. Total un-contradictable survivor.

bitcoin survival all the deadliest attempt to kill it, and everyone else who try to kill it get themselve hurt.

There really is no deadly attack on bitcoin to kill it. Undoubtedly it was received with a lot of wariness and in some situations, it waa not received at all, and some governments moved to protect its citizens from what it thought unsafe but more importantly a threat to its monopoly. And there are the naysayers who consistently talked down bitcoin and the concept behind it.

Some deadliest attacks I could think of without the intensity order:
1. The software itself hacked
2. The block chain (data) itself hacked
3. The hodlers wallet hacks
4. The network hack (51% attack)
5. The encryption system itself hacks (ECDSA)
6. The crypto exchange mega robbery
I believe all of them could completely make bitcoin totally unable to use, when no one can use it, it is same as dead, just a software that wouldn’t work, why would anyone keep a software that keep returning fatal errors.

Survival is up to the people. It's not the currency/asset itself, that was proven to be successful after the first transaction between Satoshi and Hal Finney. Bitcoin now lives and breathes at a level equal to how the people hold and use it.

But I do not recommend anyone to buy it, I would only tell my friends to sell it, dump it, collect it, whatever they can do but DO NOT ever buy it once.

This is an excellent recommendation. Buying in smaller increments over time are best to ensure you're getting the most efficient price possible...the investment world calls it dollar/euro/yen cost averaging.

I’m very impressed with their vision in the bitcoin, when I first look at it, in my best possible knowledge I couldn’t see the future in the technology itself, now I’m truly convinced I’m so wrong and couldn’t saw the wildest imagination they have in their mind about bitcoin.

Despite the success of the bitcoin I’m still not going to recommend to anyone, it’s just impossible to have the same vision just like Hal Finney and Satoshi once have and share it to anyone. Dollar cost average, I know I could get hurt pretty badly during bear market, I would only use it during bull market.
1337  Bitcoin / Bitcoin Discussion / Re: bitcoin the survival of the fittest on: January 18, 2019, 06:06:50 PM


Actually even if its price indeed reached zero, technically bitcoin is still alive since it will be remembered in history as the first tech(?) to utilize blockchain. Also, if bitcoin dies in the future, I'm willing to bet that we'd already discovered a more superior form of bitcoin or electronic cash or whatever they'd call it.

In the ideal economy, there will be no scarcity for anyone, which means everyone would have the foods they want, have the toys they want, they have everyday needs and wants, which also mean there are just no desire to buy it anymore, and the money itself have no value since no one need to buy anything, they get everything they want in life,   what will be the future needs and wants? I believe the bitcoin replacement would be the one that can provide zero scarcity in economy. But what will be the final product? I dunno.




because at any time there is still demand for bitcoin, try to imagine "if only" bitcoin is no longer a demand, of course this will also be a mass chaos because if we look at the flow of funds to the blockchain industry is the biggest, a project that can collect millions of dollars and then whales, of course their funds are very large

Two major industry that get a lot funding, artificial intelligence and block chain, I dunno what’re they thinking about, or it is just hype all over the media, and some trading algo gone out of control and pump the hype to the moon. The medias are still very hot about these two industry, definitely something fascinate me.

The very essence of cryptocurrency could be at stake by means of centralization and capitalism, so I wouldn't call cryptocurrencies as indestructible as this is still subject to such schemes that can ultimately result to the destruction of bitcoin. Perhaps right now people are still making money out of bitcoin, but once there's a new fad in which people could also make money from, see everyone lose interest on bitcoin and die. Speculation is what drives bitcoin for now, but once that's over, idk what will, given that almost all people in here are now profit-centric unlike the old days.

I don’t fancy about being whales in the crypto, one big concern being the low liquidity, whales couldn’t sell all their stake during bull, definitely couldn’t sell all during bear, they are just having no option to escape from this crap, the only option is hold and find a way to spend them (by buying altcoin?). It is also good to be small timer since it’s easier for me to liquidate whenever I want and not to worry about the volume. Being capitalist in crypto bear a huge risk to not able to dump their stake, sound like a bad deal for crypto whales capitalist, one example being bitmain in a huge mess by hodling so many coins, constantly firing staff to keep it alive,  I wouldn’t enjoy being on their shoe. To be honest I wouldn’t come to this forum if not for the profit it could generate.
1338  Bitcoin / Bitcoin Discussion / Re: bitcoin the survival of the fittest on: January 18, 2019, 05:33:04 PM
Bitcoin is just getting started I'm afraid. The blockchain economy will thrive once regulation is made clear, there is already a United States bill proposal which argues that all cryptocurrencies should be seen as asset properties and not as securities. The SEC regulation of 1933 is outdated and needs to be updated. This proposal already has Democrats and Republicans joining forces to make it happen.

https://cointelegraph.com/news/us-new-legislation-proposes-to-exclude-crypto-from-securities-laws]

If the 2nd bill which addresses price manipulation is passed, I'm almost certain the ETF proposals will pass with flying colors. Exciting times to be in this year. The Bull is coming soon, just wait and see.

https://www.coindesk.com/us-congressmen-introduce-two-bills-to-prevent-crypto-price-manipulation

SEC may be the one going to get forgotten, about crypto economy, I’m very positive SEC which just want to regulate everything would have no place in future which oppose any regulation. Are they going to impact the crypto?



Umm.. recently a Bitcoin Cash Developer caught a inflation bug that was in Bitcoin, that could of spelled disaster for BTC.  Bitcoin is the best option we have at the moment but it is far from indestructible.

If you recommend it to friends they will be mad if they lose money but they will probably be even more angry if you kept bitcoin a secret and they missed big gains.

I don’t know how many bugs they haven’t discovered, but I don’t know if the hodlers would care anymore, the bitcoin has became a good place to hide their wealth, after all banks no longer safe to use anymore, I had seen more banking hacks recently, and constantly worrying my fund in the bank got disappeared into the thin air.




If they can truly destroy it, they would have done it long before the price goes more than $100. Blockchain technology has offered more than the current system which is why Bitcoin becomes popular that they can't get it killed anymore. Its a simple store of value but BTC is just the first to come in mind when we talk of cryptocurrency because merchants accepts BTC.
Wide adoption are one key feature for bitcoin, the other being this world no longer has a good place to hide our wealth, no bank are safe anymore, our wealth will be confiscated by force.


Huge organizations has a lot of connections that we didnt know exists. Its like what ive watched yestesrday where car companies and oil companies have connection. Cars feeds gas higher than what it needs and thats the power of money. These similar big companies who has poked by Bitcoin attempted to break it down but it remains stable till now.
They are definitely connected, what is more terrifying are most of them are invisible to anyone, they’re just connection to individual investor, all over the world, the invisible global capitalism, and no one can draw the complete picture to how it work.
1339  Bitcoin / Bitcoin Discussion / Re: bitcoin the survival of the fittest on: January 18, 2019, 02:42:51 PM
A new windows malware was detected in a torrent file that could swap out Ethereum and Bitcoin adresses.

https://coincodex.com/article/2888/malware-hidden-in-torrents-can-alter-crypto-addresses/

Honestly I don’t understand how it could be a threat, it would be good enough to make bitcoin completely unusable by the newbie, but it would not stop the veterans from using it.



Its proven fact that bitcoin is nearly indestructible , it has faced so many challenges. it thrives still even if it has downfalls.

Every crypto are indestructible, but there is only one survivor in the fittest system, no two or more of them, but bitcoin undoubtedly would be the only one of the fittest.


Bitcoin has the potentials to strive above all other inventions around us because of it complexity in nature. Bitcoin be the mainstream manifestation of the blockchain is almost immortal as i presume it to be from others.
Telling your friends not to buy Bitcoin may not be rational because of it hashrate, so, recommending this to a friend, what are the provision/route such individual or friend would go through to get the said bitcoin for sale? Assuming such friend has no account on BT.

No doubt it is one of the wonderful invention to date, just because it create wealth from nothing, all other great inventions in the history also create a lot of wealth, and no exception for bitcoin.

The nature of human being chasing the same wealth and create a cash heist, known as greed. Which has destroyed life over and over again, of course we should get smarter and not repeat the same mistakes. Definitely not going to tell them to buy into the cash heist.

If every invention would create wealth, instead of advising them to buy into the invention, I would tell them to create a new invention.

And there is just so many inventions we can think of in the crypto space, think about ICO, hardfork, masternode, token swap, crypto kitties, etc, I couldn’t believe all these blasphemy at first, it took me long enough time to accept all of them as a legit inventions.

But none of them can beat the fittest survivor.
1340  Bitcoin / Bitcoin Discussion / Re: The Best Type of Cold Wallet!! on: January 18, 2019, 01:48:30 PM
Keeping coins on multiple wallets, multi coins multi wallets multi securities. The best type should be as complicated as possible so that it takes as much time to steal the coins.
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