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1901  Bitcoin / Bitcoin Discussion / Re: Visa approves Coinbase as Principal Member - big step for mass adoption? on: February 23, 2020, 08:53:32 PM
Can't speak to the car rental for everyplace (I use a card that covers insurance) [dollar takes them see below] but for hotels the BitPay card works fine.
It also works fine for airline tickets.

Hmm. Not bad. I've destroyed enough American hire cars to know their system works rather differently from the European version. Many companies here base their business model off taking your credit card and stacking massive charges on it for damage that never existed weeks after you've given it back.

I'm pretty sure I wouldn't be able to hire without a credit card in Europe. They take a monster deposit from it too and only release it when they've figured out what they're going to steal.
1902  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 23, 2020, 08:39:50 PM
Is that the posh way of saying, "Come and 'ave a go if you think you're 'ard enough!"?

No, sir.

I do not partake in druggist competition. If he wishes to turn me into a mong he'll have to do it via ambush.
1903  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 23, 2020, 08:25:02 PM
Not your colour?

Far too extravagant.

I didn't get where I am today without wearing the same clothes since the 1990s.


When we’re in 6 figures you are getting fucked up at the WO meet, I will personally see to it myself Cheesy

Unless you're firing Ketamine buckshot into my face I will not be moved.
1904  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 23, 2020, 08:19:50 PM
When that happens homer, I think I will faint Smiley

In 2017 when my (paper) net worth reached a sum I never expected in an aeon I bought a second hand hat to celebrate.

Then I sent it back.
1905  Economy / Gambling discussion / Re: Wilder vs. Fury II: The Rematch is On on: February 23, 2020, 05:46:20 PM
I just think he picked the fighter to win because they have the same name. Cheesy

He's a proper student of boxing. Anyone passionate about it would be more turned on by Fury than Wilder. He has a rather more complete set of skills. Wilder's good for the spectacle but if you know it all by heart he probably makes you a bit wistful for less flashy and more skilled times.
1906  Bitcoin / Press / Re: [2020-01-31] Senior Adviser / Operator Of The “Silk Road” Website Pleads Guilty on: February 23, 2020, 05:44:14 PM
The skeptical me would think that some criminal drug syndicates might have helped the FBI on the framing of Ross and the takedown of the Silk Road. It was becoming very big and was beginning to be a brand name for drugs and the Dread Pirate Roberts persona an icon on the internet.

Silk Road was end stage retail. A bunch of internet libertarians do not go out and secure their own refining of opium and coca paste. It all comes from the same sources and distribution.

Had it survived I'm sure the druggist heavyweights would've been delighted to keep supplying markets that otherwise wouldn't exist.

That's my main beef with it. I'm sure it prevented some street level unpleasantness. It did nothing to combat the blood letting in the production and distribution process. If it had been my pet I would've done my very best to link user directly to maker which I guess would mean no coke or heroin.

Selling his own shrooms is how the whole thing started.
1907  Bitcoin / Bitcoin Discussion / Re: Visa approves Coinbase as Principal Member - big step for mass adoption? on: February 23, 2020, 05:21:19 PM
We shouldn't look at it at face value. Because in that way even BitPay is a bad thing since the BTC get sold right away.

The more possibilities exist to use your bitcoin in everyday life the bigger the odds are merchants are going to start accepting bitcoin directly.
Usability - Adoption

Bitpay gives merchants the opportunity to choose what ratio of coinage they keep. They said some of them keep a significant proportion.

People who provide services or have massive margins will be more capable of accepting it directly. Those that have fiat supply chains will find it a much harder and more lengthy process.
1908  Economy / Gambling discussion / Re: Wilder vs. Fury II: The Rematch is On on: February 23, 2020, 05:17:19 PM
When you see blood coming out the ear of a fighter and they seem to be very unstable on there feet I am surprised the corner didn't pull there fighter over health concerns it was a good stoppage by the ref he obviously saw the Wilder was struggling to clear his head and needed some medical attention.

Even if you knew nothing about nothing that's a pretty alarming signal. I've never seen that before. You'd think someone would have a root around in there before sending him back out.

It might turn out to be harmless enough but it makes you wonder about how diligent they are.

I wonder whether Fury will have another post triumph dive of his spirits or whether it'll spur him on to keep busy.
1909  Bitcoin / Bitcoin Discussion / Re: Visa approves Coinbase as Principal Member - big step for mass adoption? on: February 23, 2020, 05:02:54 PM
That could be very useful for all those shopaholics who hold coins on Coinbase and want to spend some without withdrawal fees. I wonder what the fees for using the card will be.

Coinbase issues Visa debit cards right now. The fee on expenditure is 2.5% which is the highest among the piddling choice out there. If Bitcoin withdrawal fees reach and stick around that level there'll be plenty of moaning far and wide.
1910  Economy / Gambling discussion / Re: Wilder vs. Fury II: The Rematch is On on: February 23, 2020, 01:28:41 PM
Aye. That was a good watch.

What struck me about the lead up and some of the commentary is that the one and only thing people had to say about Wilder was - that right hand,  when it was going to arrive, why Fury needs to be wary of it.

That doesn't really say much about the rest of him. Guess there isn't much to say. Going by his ear I guess his balance took a major knock. If that is true it was a proper show of toughness.
1911  Economy / Speculation / Re: Pomp 100,000$ Prediction on: February 23, 2020, 12:21:27 AM
He has over 300K followers in this twitter account ,this guy is legit. you can check his tweets : https://twitter.com/apompliano

I find his Twitter pretty goddamn irritating myself. It's mainly mindless platitudes of an empty and pumpy nature. He rarely comes out with anything interesting or surprising. He does write a newsletter that he sends out to subscribers so perhaps that has more content. I certainly hope so.
1912  Bitcoin / Bitcoin Discussion / Re: Crypto whales hacked, lost $15M BTC and $30M BCH on: February 23, 2020, 12:03:41 AM
Sounds like bull, someone would need to be a Billionaire to be that careless with $45 Million on a cell phone. Stories like these make people worry about BTC, when it is actually still safe.

It's not a phone hack, it's a 2FA hack. It wouldn't matter if they hijacked your sim if a wallet was on there. You'd still be in control of the data on there. Presumably it's an exchange account or even some online wallet.
1913  Bitcoin / Bitcoin Discussion / Re: Visa approves Coinbase as Principal Member - big step for mass adoption? on: February 22, 2020, 11:17:44 PM
Also a CC is useful for other things. (Hotel reservations / car rental / etc.)

That's a credit card you need for that stuff. I'd be utterly amazed if Coinbase ever issue one of those. It'll only ever be debit cards.


That's true. As for businesses, bitcoin is still too risky and there are still plenty of online merchants who are not ready to accept Bitcoin. Having a Visa prepaid card linked to instant crypto to fiat conversion gives you almost unlimited possibilities for online shopping. So, I think Coinbase is on the right track, but there is a lot more that needs to be done to get to the point where Bitcoin is easy to use in everyday life.

This is a pretty neat excuse for Coinbase to ignore lightning networks, that's if they ever actually get anywhere. They can say there's no reason to bother with it when they have a card that can plug in to the existing system.
1914  Bitcoin / Legal / Re: Okay. Charge tax on bitcoin. Is this fair policy? on: February 22, 2020, 10:55:08 PM
True. There are some ways to somehow "escape" this event though, like Germany where taxes aren't imposed if you hold your cryptocurrencies for +1yr.

But I think the fiscal education is way too vague everywhere around the world. People just get income without even thinking they might have to pay taxes for their earnings. On the other hand though, I think there are more people knowingly and willingly ignoring the laws and going for the "I didn't even know" excuse.

Then they're toast. And there'll come a time where the tax man has a chain analysis program that pops out a giant bill for your every move in a fraction of a second.

That excuse reminds me of Lauryn Hill declaring she shouldn't have to pay her giant tax bill because she didn't choose to be born into the system she wound up in. Join the fuckin' club, honey. Funnily enough she wound up in jail.
1915  Bitcoin / Bitcoin Discussion / Re: Crypto whales hacked, lost $15M BTC and $30M BCH on: February 22, 2020, 10:50:30 PM
There has been some talk in chinese twitter that BeiJing police could (in theory) order the biggest 3 mining pools to do an reorg to get the stolen coins back. So fragile the bitcoin network currently is

Don't be a twat. Miners will abandon any pool in seconds that takes that idea seriously. A mining pool is not a miner and never, ever will be. Miners know better than to even voice the idea. 15 million is fuck all and no one's going to care other than the owner.

BCH however.... - https://www.removeddit.com/r/btc/comments/f7lbae/30m_bch_sim_hack/

1916  Economy / Economics / Re: Amazon to accept bitcoin payments directly... the real breakthrough!? on: February 22, 2020, 06:49:40 PM
Nope.

Unless Amazon starts offering discounts on everything exclusively for Bitcoin it won't make the slightest difference and they'll be unwilling or unable to offer such discounts. And why the hell would they? And by the time you throw in exchange fees, hassle and fluctuations there may not be any discount left.

No one buys something to buy something.

Merchant adoption is a dead end for now albeit a very convenient one for people already into it. It will never drive people into using it. It's a byproduct.

What's needed are employers to give the option of people being paid in Bitcoin. That would drive things much harder.

1917  Bitcoin / Bitcoin Discussion / Re: Crypto whales hacked, lost $15M BTC and $30M BCH on: February 22, 2020, 02:16:40 PM
The Banks NEVER accept responsibility for so-called hacks like this and they always put the blame on you.

In the UK it's still a bit of a grey area. Plenty of people have been reimbursed after being conned or hijacked but it seems to be on a very case by case basis. What sucks more is that phone companies seem to be indifferent and immune to the problems their slackness creates. Whole lives are tied up in phone numbers now and that doesn't seem to have dawned on them.
1918  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 22, 2020, 02:07:59 PM
I am guilty of wishing my life away until late 2021 though when the next parabolic rise is expected. Anybody else the same?

Nope. I'm an Instagram model living my best life RIGHT NOW.

We're talking vegan, waxing, car footwell mats imbued with the smell of celebrity vaginas, rejecting gender pronouns and lot and lots of Subbuteo.
1919  Bitcoin / Bitcoin Discussion / Re: Crypto whales hacked, lost $15M BTC and $30M BCH on: February 22, 2020, 12:21:18 PM
A mutable blockchain is simply a ledger. A miner that would allow to reverse the transaction somehow, would risk being forked off the network, if not, he would be risking the value-proposition of what he's mining.

But I'll bet for the right people BCH and BSV would do it. All it would take is one phone call to the one miner.

Other than that what type of whale has any money riding on sim card? No matter who you are you should at least know that's not a great idea.
1920  Bitcoin / Press / Re: [20-02-2020] Attorney General Says Banks Can’t Refuse Services To Crypto Firms on: February 22, 2020, 10:04:44 AM
Anything which will prevent further causalities in the region should be implemented right away and that includes both the sides... I don't like or cheer for conflict, I just don't like the fact that human lives are being treated as dirt while all people care about is making money and promote their shitty agendas...

I find that a truly bizarre attitude. The potential actions of a few hundred people should not be dictating the choices of a few million. There are likely more deaths per ten minutes from the drug trade worldwide that there are per year from terrorism in Israel. Whole countries are not cut off because of it.
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