It would appear that you have negative trust from someone on the default trust list. I imagine that's why you are trying to sell the space, rather than join a campaign. Not sure how well you'll do, but good luck.
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I can't imagine day-to-day transactions won't mostly be 0-confirmation. Hell, everything I've ever bought on Bitpay was 0-confirmation -- necessarily, due to their 15-minute invoice time.
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Because limiting posts will be useless, people will just use multiple accounts. There's already multiple prime dice participants asking about whether the forum allows multiple accounts for their "friends". Convenient timing eh?
Bear brought up a legit point there will just be more multi accounts at play since it is allowed in the rules of the forum. Allowed or not, it's a big hassle to create multiple accounts and grind up the activity to Member+. Takes months. Either that, or deal with account traders who, by the nature of account selling, have negative reputation. I imagine having a post limit would actually do a lot. Buying accounts is a quite lucrative option actually. People just use a trusted escrow and the Trust rating of the seller doesn't matter this way. Doesn't it matter insofar as the account being sold could be recovered by the account seller? All he would have to do is post a bitcoin address, sell the account, claim hack, then recover it.
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He must mean 348,000, right? What a confusing way to word this, considering the differences people have in the use of decimal points! I have a feeling he is sitting on 348,000 if anything....
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I don't see paper money going anywhere. There's no money trail. Merchants save on fees. Grey/money markets thrive. Buyers stay anonymous. And from a historical perspective, I just don't see it going away.
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I pay in bitcoin all the time, but that's because I am a trader, and spending in bitcoin is the principle way that I cash out my gains. If I weren't a trader, would I buy BTC to spend? No. But I might buy BTC to invest and spend down the road, if I were that type of investor.
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So would you guys recommend lending money to Bitfinex to take advantage of the interest? Are they trustworthy? Do you have to provide documentation to verify your account?
It is not recommended unless you are already trading on bitfinex and sold near a top and are waiting for a few days for the market to go down. Lending out for the long term is too risky due to flash crashes and exchange goxings. To be honest, I'm too scared to lend there now that they don't route orders through Bitstamp. Book is scary thin. I used to lend whenever I sold (unless I was very, very sure and went short), but not anymore.
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Nobody cared the first time... I can't imagine that anyone will care all that much this time. It's not like China banning bitcoin. Plus, I think many are already under the impression that Russia HAS banned bitcoin....
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why was he banned anyway?
Pissed off the wrong guy What did he do? Goat was just goating aroud and a Schwedisch or French guy wanted his 1-2-3-4000 bcoins back from goat that he invested in some super bitcoin trade bot project. But the project was a fiasco and everyone lost coins -as usual-, except goat because he blames GLBSE/Theymos for keeping the coins. This may or may not be what really happened but this is what I can remember. This is pretty much the case -- no one know the details, but Goat comes off pretty scummy, to be honest. Especially when people started questioning him so he started offering bounties to DOX those people. That's a red flag in my book.
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It was November 2013, and I think it was under $10. I played a bit of poker on SWC, left a couple coins on there, forgot about them. Came back in April to find BTC worth over $140 a piece, snap sold them LOL. Didn't get back in until May and been trading ever since.
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Because limiting posts will be useless, people will just use multiple accounts. There's already multiple prime dice participants asking about whether the forum allows multiple accounts for their "friends". Convenient timing eh?
Bear brought up a legit point there will just be more multi accounts at play since it is allowed in the rules of the forum. Allowed or not, it's a big hassle to create multiple accounts and grind up the activity to Member+. Takes months. Either that, or deal with account traders who, by the nature of account selling, have negative reputation. I imagine having a post limit would actually do a lot.
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Institutions and large investors are realizing that the bitcoin protocol is extremely useful and here to stay. But this will lag, as it takes time to build the infrastructure. In the meantime, adoption grows, it becomes more visible to everyday people, more merchants accept, etc. Wordpress started accepting BTC around the time the early 2013 bubble took off....
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1BTC = 1BTC
it makes no difference how you hard try to brainwash the world into thinking they own 'such-as-many' millibits; it will always be 1BTC = 1BTC.
if you do not already value 1BTC for the value it holds, then why make it look like more than it is?
Clearly, there's a lot of BTC hoarders around here that want to make it more "psychologically attractive" to buy BTC. In other words, fool new investors into thinking they're getting more than they are.
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Coinbase for me.
Heads up: 3rd party wallets like Coinbase are not real wallets. They are held by a 3rd party. Those bitcoins are not under your control. This defeats the "trustless" nature of bitcoin. If you don't control the private keys, you don't control the bitcoins. Let Gox be a lesson to you....
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Ugh, I bloody hate this idea. BTC should not be pegged to USD value -- there is no reason to change its unit based on the continued rise against USD. If anything, this should be done using an internationally accepted standard, such as the metric system -- not some stupid made-up "bits".
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not one walet safe because they all have the same probability to lose The best way so far are to secure walet your own by making a backup file and save it in external storage and away from the internet, as if still connected to the internet then there will be cookies that could be misused
That's not necessarily true. 3rd party web wallet (Instawallet, Inputs.IO, Coinbase) < Online wallet (Blockchain.info) < Desktop wallet (Electrum, Multibit, Core).
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finex looks the same to me on bitcoinwisdom (as stamp) whats the difference?
If you look at structural highs and lows, BFX has diverged considerably from Stamp. They used to move in tandem, since BFX shared Stamp's liquidity, but that is not the case anymore. It's actually kind of fucked up -- BFX doesn't have a thick enough order book to support all its margin trading.
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So the max you can earn now in PD campaign with hero member is about 0.5 btc monthly Not totally unsurprising. Being a regular on this forum, I think I have the Senior/Hero Primedice signature ad burned into my brain at this point.
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I'm starting to wonder if I should be following finex instead of stamp.
That's what I do. I chart Huobi mainly, and BFX tends to stay in lock step, more or less. Stamp is becoming irrelevant, in my opinion.
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Total sum of active $ swaps is still 25M$, just below the peak, average rate has dropped. I don't know, is BFX supposed to have all the $, or can they operate with a fractional reserve (this may be a silly question )? Well, all that money is supposed to be in the "deposit" accounts of lenders. After the contract is up, you are free to move the money..... so I certainly hope no fractional reserve.
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