The thing is, we need bandwidth as well as more cheap storage. And the truth is, even if we have incredible speeds, it is not available to majority of the user base. Developing countries are still stuck on 512 kbps speeds even though developed countries have moved to much higher speeds. If Bitcoin wants to go mainstream, it needs to be accessible for wider user base, many of whom can't afford Google Fibre or 5G speeds. |
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Some interesting news coming out with relation to Bitcoin Foundation: Crowdpayment startup Mobbr to pay every core developerCrowdpayment site Mobbr, yesterday went live with a project to pay the often overlooked work-horses of the bitcoin community, known as core developers, who are responsible for not only fixing bugs within the code but helping ensure it remains a robust platform as more and more companies build on it. http://upstart.bizjournals.com/news/wire/2015/04/10/crowdpayment-startup-mobbr-used-to-pay-every.htmlNew Bitcoin Foundation Director Bruce Fenton Pledges Fiscal ReformVeteran bitcoin activist Bruce Fenton has been named the Bitcoin Foundation's newest executive director. Elected by a 5-to-1 vote, Fenton succeeds interim executive director Patrick Murck and outgoing executive director Jon Matonis, the latter of whom resigned on 30th October amid financial turmoil and ahead of staff cuts at the industry’s top trade organization. http://www.coindesk.com/bruce-fenton-bitcoin-foundation-executive-director/ |
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Can you explain why to use any software to tax on Bitcoins? I do not understand reason why. May be I missed something important. Can I be part of tax office then?  Maybe some people love paying tax more than others. How do I apply to be part of the tax office as well?  If you have been using an exchange which requires strict KYC policies, your trades might be linked to your bank account activities. Unless you have found a way to create fake bank account that doesn't link your identity to it. Different countries have different setup. Sometimes the tax authority does not have any information about your bank accounts and sometime that have been watching your accounts. In the end it all comes down to how well you have covered your ass which carrying out your Fiat-Bitcoin-Fiat trades. |
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I'm confused...
what is bitcoin tax software.?
Is it right or wrong?
can anyone tell me ?
Can you explain why to use any software to tax on Bitcoins? I do not understand reason why. May be I missed something important. Can I be part of tax office then? When you trade Bitcoins for fiat or vice versa, you earn some money. Some countries require you to pay taxes on these earnings. However it is difficult to track your trades and calculate correct amount of tax to report, so there exist some softwares that can do this for you. |
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The bitsquare sounds promising but I need something way sooner. In the mean time you can also trade Bitcoins on this forum using trusted escrow service. You just post your Buy/Sell requirements in appropriate section and make use of trusted members with their escrow service so that nobody gets scammed. |
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OP's answer would depend on 2 major factors:
- How much fiat does he need to retire and live comfortable life in your country?
- What is YOUR belief of Bitcoin's future and price speculation?
For example:
If you need $200,000 to retire and if you think Bitcoin can at least go up to $10,000 in next five years.
Then I need to buy 20 Bitcoins (20 x $10,000 = $200,000)
So there is no specific answer to the 2nd part of the equation. Your retirement fund is a static amount, but BTC price is a dynamic one. Go figure!
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Wow.. glad to see you went that extra mile to stop him from scamming everyone. Although it is also sad that people like him acn abuse the trust system to the full extent and blackmail people on this regard. I guess I can no longer give him a benefit of doubt. He purposefully tried to scam people. I hope nobody sent any satoshi to the old address. |
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[....]an exchange that is trusted kinda like MT.Gox [....]
Is that sarcasm I smell? Mt.Gox is exactly the opposite of what we call trusted exchanges on this forum. Anyway... you can try - Kraken - BTCe - BitStamp These are known exchanges with good reputation. BitStamp got hacked few weeks back, but it has come back with added security. |
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LO AND BEHOLD.... $200 coins are coming soon, be ready to buy more; keep your fiat ready  |
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I notice the OP has replaced his own address with the known Bitcoin Eater address now: https://blockchain.info/address/1BitcoinEaterAddressDontSendf59kuEProbably he wasn't aware earlier that there was already a Bitcoin Eater address. So it is no more a scam, but still I see no reason for the price to go up just by limiting the available quantity. There are millions on coins in existence, a few coins distroyed here and there can't make much difference. |
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I received that same phishing email from Coinbase last week. The real Coinbase already sent an email to all their Coinbase users about that scam attempt: Coinbase Hi there, Earlier today, a spam email claiming to be from Coinbase was sent to some of our customers, announcing a "Coinbase Invest Fund". If you received this email, please disregard it. We apologize for any inconvenience this may have caused. Note: This email in no way affects the safety of your Coinbase account, and no customer data was compromised. If you have any questions, please don't hesitate to contact support@coinbase.com. Kind Regards, Coinbase Security hmm, didnt get the email and I dont see it mentioned in their blog or support section of website? Do they have an official forum account here that posts updates? I also did not receive clarification email from coinbase. That's because I don't have a coinbase account?  It is ironic that even if I don't have coinbase account, I am getting coinbase phishing emails. What concerns me is that they managed to get hold of legitimate email service of coinbase. Tomorrow someone can receive a password reset email from a legitimate coinbase address which can steal the real password via phishing. |
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I think there are more than few NEOS threads on this forum and all of them look and feel like official announcements. We should stick with the latest one and lock all others, many of them are providing outdated info and confuse the users. For example this thread's OP shows anonymous transactions which was dumped many weeks ago (Arbitrush). - or is it still there? It also lists Coin-Swap on exchanges list which is now de-funct. I was considering just removing the posts. Better off removing or editing? What's been done in the past typically around here? I don't mind multiple threads. I thought it would be more work for you to read/reply and manage multiple threads, and keeping all of them up-to-date with latest info. Normally all discussion about features and development are discussed in official thread and the forum also states that each coin should stick to one official thread (need to sight reference). But it can also make sense to keep one thread for development discussions and the other for tech support. |
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I think there are more than few NEOS threads on this forum and all of them look and feel like official announcements. We should stick with the latest one and lock all others, many of them are providing outdated info and confuse the users. For example this thread's OP shows anonymous transactions which was dumped many weeks ago (Arbitrush). - or is it still there? It also lists Coin-Swap on exchanges list which is now de-funct. |
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It is a confirmed phishing attempt: https://bitcointalk.org/index.php?topic=1017900.0https://bitcointalk.org/index.php?topic=1017900.msg11023849#msg11023849 |
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hi there, i just want to know if there is a chance that i can find a block even my hashrate is 2231 khash/s?
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<img>
We have a winner! Damn she's beautiful and sexy! One more for you!  |
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