I've heard this question so many times and so many times I hear people say if the financial system goes down the so does Bitcoin. But the point is fiat actually evaporates in value, that's hyper inflation. Gold like bitcoin isn't just about during a financial collapse and honestly we dont know how it will react during a financial implosion. People often want to buy food etc more than Gold or currency during extreme past situations. But what Gold does is which I believe Bitcoin will do is get people to the other side of the river. They will have something other than their dicks to hold when the dust clears is what I'm saying. Price in terms of the dollar like Gold has very little interest me actually, how can it if I believe the dollar is worthless?

So yeah Bitcoin I believe will protect you just like Gold, during the collapse it might be worthless but after one it will still be in your wallet with a renewed interest from people who thought the dollar was a store of value. Personally I do think Bitcoin will thrive during a collapse but like I said that's not really the issue.

Well I don't see the drop in price to be that significant looking at the big picture either, Bitcoin to me resembles a Gold chart more than anything. My point is if you are going to measure bitcoin in dollar terms expect a drop or at least a levelling off. The bigger picture is indeed a rise. But the opportunity is that Bitcoin however much the Dollar implodes upwards will get a short to medium term drop. I expect sub 200 probably sub 100 at least before the reversal, though I don't discount a sub 50. This isn't your typical chart move, I'm talking Armageddon scale move.

Anyone who has followed the behaviour of the Qora developer has to sometimes wonder if he is Satoshi or BCNext. He is such an enigma to even Qora supporters due to his low key behaviour. The code suggests a very experienced coder as well now it is open source. I know Qora gets no love but ai think that due to the dveloper who doesnt seem to play the game that other coins do, he just seems to like the technology. Like Satoshi he hasn't even touched the Bitcoin from the IPO, he seems completely unconcerned about it, almost autistic which is the vibe I always got from Satoshi.

I'm digressing, my main point is he once said he was from Europe, possibly Netherlands if my memory doesnt fail me. And if anyone knows the Dutch they know they speak pitch perfect English.

All I'm hearing from the forum is the imminent death of bitcoin due to the relatively small drop in price in dollar terms of Bitcoin. I see this as an early sign that a financial collapse is approaching and therefore the perfect time for wise investors to buy. I don't know if people are familiar with the work of Jim Willie of the Golden Jackass but I recommend him, he's fringy and controversial but he has always said that the sign the system is collapsing and the dollar is on its death bed will be a massive rise in the dollar not a drop.

This also is a sign of a deriveratives implosion too. I think we will go lower, very low in fact (in dollar terms) and then we will get a spike up that will shock even seasoned bitcoiners. The absolutely only reason I'm not buying Bitcoin is I have no available fiat. If you are holding dollars then anytime from now is a good time to buy if you hold a longer tem perspective.

http://www.maxkeiser.com/2015/01/harvey-organ-derivatives-meltdown-has-begun/

Ah ok. I'm not sure I personally would ever log out really, the wallet is protected by the pin and if you really don't want someone to see a chat you can destroy it. But other people have different needs. It would be nice if the wallet pin also locked the app maybe if you wanted that function as an optional..

Logged out? I'm not sure that even possible. :0.  you only need to use the password when you set the account up on your phone.

That's more to do with how your phone is set up than Gems app. It had my country set up due to it using my location.

Well it's more a messenging app like Whatsapp. And like I said its pure conjecture on my part. But still the point is if the planets align and the app gets big and they do look for additional coins to add then Qora probably has a good chance due to Daniels involvement in Qora then it really could go to the moon. I feel like I'm making assumptions and stepping over the line but really I was just bringing up the idea for discussion if anything. but here one time he mentions what I'm talking about. It's worth keeping an eye on for sure.

I never thought I would say this but people really need to read the OP, most questions can be answered by reading it. Plus there is a Q&A document which has a lot of information. Plus there are various YouTube videos and articles to read but the OP and Q&A should get a quick read before anyone thinks to ask anything.

I hate to be the one to break it to you but the security on your phone and on a desktop is exactly the same in the sense that the coins are stored in the same place, you are simply accessing them differently.  Yes being a phone and accessing public wireless etc can also have risks but so does having a desktop. I guess it's like accessing your email on your phone it's ultimately the same as on a desktop. Anyway, there is a desktop wallet, ie Counterparty which can be accessed the same way as your phone wallet.

http://counterparty.io

Probably they had to change the name to getgems due to another app using gems.

About adding Bitcoin to your wallet. Basically your Bitcoin wallet is the same as your Gems wallet as far as I know which is pretty awesome. To find your address tap on screen in wallet and then paste the address somewhere like on a notepad in your phone. So to be clear we do have a bitcoin type address but you got to copy and paste it from the wallet screen. Again a very neat way to do things.

Ok so I guess I'm good then.

I messed up my registration because at point of receiving a Telegram  ID code to input it did it automatically which threw me a bit and maybe needs something in the app to say this will be done automatically and to wait. It presently says it will call you which is confusing and makes people go out of the app to recieve a 'call'.



So because I bypassed the code page I thought I messed up and didn't even save the secret password. Doh!

So I deleted and re downloaded the app and re registered with a new name. I guess what I'm worried about now is am I screwed for receiving airdrops cause it might look like I gamed the system and downloaded the app and registered twice?

two issues Ive seemed to have. On the welcome screen the last letter doesn't fit, I assume everyone else has seen this.

when I type Bitcoin with a capital B it doesn't recognise it in the wallet. Plus it doesnt like .01 bitcoin   you got to add the 0 so 0.01 bitcoin.

When I registered it didnt give me an opportunity to put the actual messenger code into the app? It by then starting asking me for who referred me?

Does this mean my wallet is not in operation?

At last small children and pets are going to pay off!

yes but lets be clear if you twiddled it around in your hand and hit the max limit everyday you could have more like 250-300 a month so thats nearly 1000 potentially. So what I assume when you said mining is you left the app running in your pocket. ;P Its not hard to mine a bunch cause the app can be put on any old android device, most people have at least access to a few android devices including old phones, tablet,  friends and family etc. All accords how much you want them.

I got to repeat again that after 6 months less than 1% has been mined! Thats the kind of distribution the average POS coin can only dream about. Honestly a few months ago when no one was noticing this app people couldn't give them away. I have 800 and if I remember they cost me less than 1BTC. I did my best to push the app actually and created a thread or two.

I trust the poster but can I trust these links 100%?

actually not, there was a limit of around 10 almost from the start or at least it was when there was almost none mined. The reason people have quite a lot is because a few guys were running everyday with a bag full of their families devices (Thats what the guy told me) and also he was selling them. I have about 800 coins, most of them bought.

The distribution considering the app has been live for months now is pretty incredible. Less than 1% has been mined so far!