I used to believe in this depopulation agenda but really no longer.  Anywhoo, we have a big problem because governments the world over have 'social security' type systems to support the elderly when we don't have nearly the population growth to sustain these 'ponzi schemes' which is going to lead to considerable global pain going forward in an attempt to fund social programs which are bankrupting the economy.

free advertising, considering I didn't know what 'dwolla' was before you posted this thread.

those are very nice!  The one in my signature is a no frills paper wallet and is free to use, donate if you want.   Very easy to adapt it for another coin, if anyone has requests.... so far not many takers because it's not very fancy, (I don't have a color laser printer)  but it should be secure and weather resistant after laminating.

In any case paper wallets are a nice thing... after doing more research they are not really wallets but one time  use bitcoin addresses and corresponding private keys meant as a form of cold storage, and with there being 6 atoms in the universe for every bitcoin address, they are virtually impossible to duplicate and are fairly secure.  Any public and private bitcoin address combo can be turned into 'cold storage' by merely copying the QR code pasting it into these 'paper wallets' .... I prefer not to list the actual text lettering on my wallets and just list the QR codes only.  The private key should be ideally hidden, but it's not necessary. Mine could be folded in such a way to keep it exposed if for some reason someone wanted it that way.

Public service message for noobs... if you buy a paper wallet off ebay it's important to transfer the balance to a different bitcoin address and not just assume you can store that paper wallet away... if after 90 days that address still had  a balance in it, ebay sellers could easily steal the balance back for themselves if they were dishonest. This includes any person who makes a paper wallet for anyone else.  I'll bet a number of them do just this, and figure the person won't ever notice if they still have something in there after 90 days, they probably don't understand how bitcoin works.

Better to use a blank template and paste your own keys in there... I would never trust someone else's keys to any large sum... that person could take the money and vanish without a trace.. I admit that would be tempting. Sell 100-200 or more of these "paper wallets" while keeping all the private keys the whole time.. after say 6 months take the cash from all of them and just vanish. hmm....

no doubt people are emotional. When I think what I could have done had I got in on the ground floor of bitcoin with all that money it makes me want to cry. I didn't even know of it's existence until it was in the 100's though and by then the truly easy profits had been made.  I do not believe it will hit anywhere close to $10,000 before a better coin will replace it, and I will continue to look and see which one that might be. I don't believe any of the coins right now offer anything unique besides namecoin, which lets you register .bit domain names which in an of itself is not that useful unless DNS servers support it.

A coin that could somehow limit blockchain sizes, or allow fraudulent transactions to be reversed, providing some form of fraud protection, is ultimately what is needed for it to become mainstream. Assuming any big banks ever do this, they will do it with their own crypto currencies probably set at a fixed price, currencies where they can manipulate the supply to prevent huge price fluctuations... then you have to worry about government taxes.... what is so appealing about crypto currencies now is that these 'profits' early adopters made are basically tax free... if you go and use some bitcoin to buy some platinum, gold, or whatever off a site, that's tax free profit you used.

That's HUGE since people who have to slave away for a living like myself lose a third of their income to the government ALWAYS. Tax free money is huge, it has more value than regular money.  I could kick myself because while I was sitting there looking in black friday forums trying to save $50 on a laptop, I was damn close to buying litecoin as it was hovering in the $2.35 range. Had it not been black friday season, and this surge would have occured a month later, I'd be singing a different tune.

personally I have my eye on namecoin and it's ability to register domain names. If a major DNS service like google could be convinced to accept .bit addresses it could be interesting to have a domain name that is truly yours. However we don't really have a major censorship problem as it is so I don't see any big deal over privacy and sensorship.


Sites like godlikeproductions.com have a large amount of free speech and it has for years and has not been 'censored' or shut down.

Plus the way everyone talks here you have to have all your stuff stored on offline computers with large passwords in order to not get them 'stolen' which will scare the average person away from bitcoin. If someone uses my credit card fraudulently or steals from my bank account I need only call the bank, put myself on identity theft watch, and file a police report to get that cash back.  With crypto currencies, the money is simply 'gone'

If I had more than say 100 bitcoins and had got in the bitcoin game early I'd be using my bitcoin to buy all the physical precious metals from anyone who accepted bitcoin, particularly platinum and palladium, as possible. These two metals are autocatalysts in supply deficits. I don't see bitcoin at 800-1000 each to be a safe investment or even place to store money, and don't really see the widespread adoption yet... you can tell if more people are using it by looking at how fast the blockchain size is increasing and it hasn't increased much in 2013... most of the runup from 200-1000 was done by people already early to the game and I'm convinced it's mostly these same people still holding bitcoins.    In any case it's gambling and it could surely go up, it's supply and demand driven.

If people with over 100 bitcoins truly cared about the technology and not their profits they'd selflessly donate anything over 100 coins in giveaway threads. We all know this isn't the case.

It would be interesting if a major investment bank made a coin 100% backed by precious metals... it would help stabilize the value if people knew that one coin really meant one ounce of gold for example and then this bank could merely increase or decrease their gold holdings to make up for demand... having it backed with intrinsic value would be interesting. Gold is more stable than bitcoin, though it's certainly not 100% crash proof either.

bitcoin will never gain widespread acceptance if people are required to store secured wallets in separate computers or operating systems and risk having their coins stolen by scammers simply out of ignorance. Bitcoin has a high barrier to entry... basically you need to be a power user to understand it, and there's too many people who still want to 'cash in' by having bitcoin go to $10,000....

A bitcoin alternative will ultimately take over, assuming crypto currencies survive... being able to reverse fraudulent transactions within 24-48 hours would be a good first start, as would insurance of funds and ease of use. How many people actually use bitcoins? I bet the number is under a half million... a small pool of people still hold a large number of the coins... these people, if they really cared about bitcoin and it's spread, would selflessly donate their coins anonymously in giveaway threads if they have over say 1000 total coins.

Also the whole problem of the ever increasing blockchain size... ultimately a currency that terminates blockchain records after 6 months would be more secure and more ideal to keep the size in check. What's the point of holding every transaction record that ever existed forever?  I suppose you need this info in order to maintain information in bitcoin addresses I'm assuming?


Right now, with fees, it simply costs more to use bitcoins... vendors that do take it tend to inflate prices, and exchanges that do business charge transaction fees. Right now I can store cash in a bank for no fee. I hope it works out, but right now it's still very much the 'wild west'

I thought this was good but "LOOP" might be better.

http://www.looppay.com/faq/

you could always make a paper wallet on a virus free computer and store the coins there.  I'd make multiple small ones which is what I will do with the paper wallet I made in my sig.

Something my father fails to understand... nothing goes up forever constantly. When something sells off, it's not some grand conspiracy by manipulators... stop being so greedy.

Bots have as much right to be there as any other speculator trying to 'cash in' on ever increasing prices of bitcoin, and by that very nature they undermine it's use as a currency, because nobody is going to use something as a currency that fluctuates 10-20% on any given day.   Wanting bitcoin to go to $10,000 is a greedy, selfish desire that does nothing to further crypto currencies... honest people can at least admit this and not hide behind this guise of wanting to 'escape the corrupt fiat system' or anything like that.

Good day profit mongers.

Thanks. I didn't see any on the net that I really liked so I just went at it... in particular I didn't like how the QR codes on them were not perfect black and white... but rather blurry.. this way I can make the QR codes perfect.. I guess I'm picky that way...  plus I already had the laminator and it's my favorite way to weatherproof stuff.

I suppose it could be fancied up and made with color and fancy graphics too.. but I have a black and white laser printer which is why I went this route.. simple and effective.

buy the bitcoins themselves around $500 or less in a couple of days. We didn't break previous high thus we are going go test previous low.

after doing some more research I don't think bitcoin itself will be the one that remains strong long term, nor litecoin. Blockchain sizes and transaction times will have to be dealt with. My guess is that some altcoin at some point with faster transaction times and newer technologies to perhaps eliminate having to keep a blockchain of every transaction ever recorded will replace bitcoin... I don't know the technical specs if even say wiping all blockchain transactions older than 90 days would work but that's what I would do... 10+ minute transaction times is simply not going to spur widespread adoption... so there's still time to speculate on altcoins.

I made a paper wallet for my own use because I wanted something simple and no frills that I could run through a laminator and after lamination it's roughly credit card sized and can be stored in a wallet like a credit card. Basically to use the paper wallet you'd have to cut the paper out from the lamination and access the private key inside. This is a weatherproof way to archive a paper wallet.

Here's the image.. it should print and fold perfectly with microsoft paint and standard printer paper... just follow the instructions.

https://i.imgur.com/UVE6Yyi.png

I welcome comments or suggestions on things to add or remove to this if anyone here finds it interesting, or ways to clarify the instructions if they don't seem clear enough.  If I posted this in the wrong section I apologize and please move.

guy refunded my money saying he ran out of bitcoins, which is fine since I found a place to buy them online for around asking price. Another guy who I sold 2 block miners too messaged me on christmas eve claiming he only got one and asked me how I would remedy this? I ignored him and he has not sent another message since. Scam me over 50 bucks? Get a job.

Tempting but we are not technologically advanced enough yet. If the government does possess anti-gravity technology, they are keeping quiet about it. The ability to set up a sustainable base on the planet that could be used to sustain life I just don't see it happening at this point.. we need a faster way to get there first.

Also having to put up with the same 4 people forever when I don't even like to socialize... what if there's 3 guys and only one woman? Just a recipe for disaster.

Meh the illuminati only have power if you give them power. Anywhoo what's so bad about this country that the illuminati are personally responsible for? Human nature being what it is, it's kind of nice to have a group of people involved in all major nations making sure they don't go to war with each other. It's time to evolve beyond the need for anarchy and killing to advance political agendas. What freedom do you desire that the US does not offer? 

About the only thing we could do better with is the economy, we have a small class of super rich, and then everyone else... but even that is more due to automation and outsourcing and other countries are having similar problems. Basically the illuminati don't have total control... the system largely is self guiding and change takes time. A lot of people have short attention spans and expect radical change to their ideals and they expect it NOW... just not practical.

You can definitely tell one thing though... they'd jump at the chance to take our guns... it's only their greedy nature (wanting to get re-elected) that keeps it from happening.

Social libertarian, of course. I support right to bear arms, right to use any illicit substance we want without threat of prison time, basically maximal individual freedom. Only governments and corporations need regulation, they need regulation because of their built in ability for the people running them to distance themselves from the responsibility of their actions.... and because we don't want all our national parks being plundered by any corporation that sees the potential for profit... some things just need regulation.

"Money as debt" is a great video to watch, and makes some good points such as the fact that the US will never pay off the national debt, because debt is money, no debt, no money.. pay off the debt, economy implodes. Also the money created into the system is only there to pay the principal, the money to pay the interest doesn't exist, so what you have a people paying principal and interest from a money pool which contains only principal. It's only the time delay between money's creation and it's repayment with interest that keeps the whole system from imploding. Clearly the greater and greater levels of debt in the system are unsustainable, so having a place to park federal reserve notes (like platinum, palladium, or shitcoin) is paramount.

I agree with you. The ability just to trade amongst the various currencies is quite enjoyable, at least for me. Like the wild west of stock trading.

I used to think it wasn't money but I've been swayed. Actually with a fixed supply it resembles more a commodity but money is anything people give value really.  What would be interesting is if someone, a large bank for example, created a crypto currency backed by gold or silver with a fixed supply... it might help keep the price stable and being able to exchange your currency for metal for a small fee would be an interesting idea.