I currently mine about 0.5 BTC a day as well, so I am never without. If it goes down, I gain from selling, if it goes up, mining is more lucrative. Gives me at least fake piece of mind...
What are you mining with? |
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 It's coming! |
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Those citizens who are unsatisfied with how they are being represented should vote for people who represent their interests better or run for office themselves.
Our government is, as Lincoln stated, "of the people, by the people and for the people".
LOL, okay there, "SEC agent". Hahahaha. |
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Thought it was pretty good, as well. That one guy just kept saying, "What percentage of people in the world use it?" Umm.. who cares, it's obviously growing everyday. More people use it today than yesterday, that is all that matters at this point. This other guy is also saying, "people trust banks." Amir got cut-off, but his answer was good, which was almost inaudible, which was "people use banks because they have no other choice."
I kept thinking how he could fire back with "What percentage of people used the telephone after it was invented? Electricity? New tech doesn't have a 80% adaption rate just months after its creation..." That would have destroyed Ed's weak attack. That's why RT brought him, for his emotions and sensationalism... now if they had someone like Trace Mayer or maybe Jon Matonis, they would have stomped Ed to the ground. |
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Amir did a pretty good job here. Though at some point he should of lost it a little. But that Ed guy was gasping at straws and totally had no ammo to break to the table. That Daniel guy also did a really good job describing the long term impact of Bitcoins.
Looks like there will be plenty more Crosstalk shows about Bitcoin, judging by Peter's expression at the end.
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Can't wait for the RT Crosstalk segment on Bitcoin. Too bad Amir is going to be on it (too emotional), rather than someone like Trace Mayer.
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I've requested a few payments over 24 hours ago and they're still not showing up on blockexplorer or blockinfo. What can I do at this point?
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It's going to stay at 120 forever......
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You are creating a strawman or asking a rhetorical question. I will imagine that you asked a real question. I enjoy most the interviews by Trace Mayer and John Matonis, because they succeed in wearing a tie while also addressing the many unethical government interventions. The people wearing a tie and only talking about cheaper transaction costs leave me cold frankly. I don't even know their names. I do enjoy Gavin his interviews but less than Trace or John. I think purely based on appearance and overall presentation, Trace has it best. He's young, but not too young. Technical, but not too technical. Quick-witted and able to translate things into easy to understand layman analogies. |
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I had never heard of Webmoney, but it was described on here as the PayPal of Russia. I don't yet fully understand Webmoney's system and how Bitcoin plays into it, but would it make business sense for Paypal to do something similar, aside from doing just to stay relevant in the future? If so, is it unreasonable to think they would?
Bitcoin is a competitor to Paypal. No, its not, their potential competitors would be bitpay & co. If you think Bitcoin and Paypal are not competitors....I don't know what to say. Just wow! Is that supposed to be an argument? The level of education required to refute your statement would take days. You're too far behind the 8-ball. you're missing something here... bitcoin as a currency and bitcoin as a payment system can be seperate. webmoney has taken the option to assimilate the currency into their system... bitpay is using the payment system (yes, competitor to paypal) paypal can follow webmoney's lead or simliar, or, can cry about the idea of the bitcoin payment system being a competitor, or, can work out it's own innovative assimilation solution (EDIT one that could include making use of the lower transaction fees THEMSELVES in order to provide a better, cheaper service to their existing customer base... who they want to keep happy), or, work out it's own version of bitcoin (without the community, following, prior investment or groundwork already laid down). OR, can stop crying, forget innovation, and try and kill it... which it can't... what do you think is the best solution? I haven't thought this through in detail so I may have some errors, please correct me if I'm wrong. The best solution is to kill it, which they absolutely can help do. Again, mass adoption is the key to Bitcoin's success. Paypal has the money and the clout to turn businesses away from Bitcoin through grimmie slander campaigns and supporting legislation that is counter to Bitcoin. But let's assume they wont do that, the next best thing is to just create your own...because crypto is awesome...and take the high road against Bitcoin and continue to slander Bitcoin as a "black market" only currency, that is volatile, slow and simply not fit for serious business. Now again, they may flat out adopt Bitcoin, but that dosen't make it a smart move. Only time will tell. EDIT: I have stricken my previous statement you quoted and apologized for it. That was rude. Paypal could do all that (negative PR campaign against Bitcoin) and yet startups that utilize Bitcoin could still pop-up. That's how I think about it. |
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Not being able to put a normal sentence together on a national television while wearing a hoodie - yea, that's the way to go!?
"Ad hominen" and "responding to tone", which are the two weakest forms of disagreement and contain no merit. Do you have any actual arguments? While it is an ad hominen, you really have to consider the type of audience that Amir is speaking to. Yes, it'd be nice if the masses will ignore Amir's appearance and instead focus on his content, but we unfortunately don't live in such a world. Some will be more inspired by his energy than by the type of presentation given by the more polished types. Luckily, with the massive media influx in recent months, we have a large variety of material for people to dig in to. And most of it is of the more polished type, so don't worry too much. Don't get me wrong, I like Amir's energy, but for some people Amir must be the only "face" to Bitcoin they see for some time (most people won't bother to dig through things if they don't like it at first glance). It wouldn't hurt if he brushed up his hygiene a bit before being on camera; a dirty hoodie may not be the end of it all but first impression still matters, even if it's just at a subconscious level. |
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Nice stats. But really, I find those stats irrelevant. I assume that most people in China will just download the client through mirrors and torrents. |
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Not being able to put a normal sentence together on a national television while wearing a hoodie - yea, that's the way to go!?
"Ad hominen" and "responding to tone", which are the two weakest forms of disagreement and contain no merit. Do you have any actual arguments? While it is an ad hominen, you really have to consider the type of audience that Amir is speaking to. Yes, it'd be nice if the masses will ignore Amir's appearance and instead focus on his content, but we unfortunately don't live in such a world. |
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Yeah Amir is a great guy, I like his enthusiasm. But it doesn't seem like he's able to articulate his points very well without getting way too emotional. We need more stable, level-headed people advocating for Bitcoins, not someone who looks like he's on a the fringes. |
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I had never heard of Webmoney, but it was described on here as the PayPal of Russia. I don't yet fully understand Webmoney's system and how Bitcoin plays into it, but would it make business sense for Paypal to do something similar, aside from doing just to stay relevant in the future? If so, is it unreasonable to think they would?
Bitcoin is a competitor to Paypal. No, its not, their potential competitors would be bitpay & co. Yep, I agree. Bitpay and all other similar new startup's are the "new" Paypal. These new guys don't have the burden of keeping an old horse running, and can go in any direction they want. Meanwhile Paypal can't just drop their existing system at a moment's notice to pursue Bitcoin. You guys have to stop thinking within the 'if you aren't for us you are against us" paradigm. Paypal wouldn't have to stop their existing business model or financial system to use Bitcoin. Yes I agree with that also. Even if Bitcoin can be a marginal profitable part of Paypal's total operation, you can bet your ass Paypal will get into the game. |
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that was at best a below average talk. wow, harvard education and this is what public speaking sounds like? ouch.
Not everyone can give a Steve Job-like presentation. These guys are just VC's, rich kids with money to burn. But at least they speak in a honest and frank manner, from the bottom of their hearts. They don't give a shit about Bitcoin. They mock bankers, and their father is an actuary -- they got their money from the financial sector. What have they done or said that indicates they don't give a shit about Bitcoin? They want it regulated. They're shills for the financial industry. Maybe they see that regulation is unavoidable if Bitcoin is to gain mainstream adoption. It might not be a bad thing for services for Bitcoin to be regulated. But Bitcoin itself is difficult to regulate. So bitcoins can be, seized, restricted from crossing boarders, taxed, tracked, limited in the amount individuals can hold, and the exchanges run by the same people who screw everyone over now. They're bad things, IMO. I wouldn't go as far as equating regulation to all those scenario you've listed. Regulation does not necessarily mean seizing or tracking or restriction. It might be just regulation of exchanges, or maybe of merchants, but nothing too intrusive. |
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I had never heard of Webmoney, but it was described on here as the PayPal of Russia. I don't yet fully understand Webmoney's system and how Bitcoin plays into it, but would it make business sense for Paypal to do something similar, aside from doing just to stay relevant in the future? If so, is it unreasonable to think they would?
Bitcoin is a competitor to Paypal. No, its not, their potential competitors would be bitpay & co. Yep, I agree. Bitpay and all other similar new startup's are the "new" Paypal. These new guys don't have the burden of keeping an old horse running, and can go in any direction they want. Meanwhile Paypal can't just drop their existing system at a moment's notice to pursue Bitcoin. |
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I had never heard of Webmoney, but it was described on here as the PayPal of Russia. I don't yet fully understand Webmoney's system and how Bitcoin plays into it, but would it make business sense for Paypal to do something similar, aside from doing just to stay relevant in the future? If so, is it unreasonable to think they would?
Bitcoin is a competitor to Paypal. If they are smart, they are trying to find ways to destroy Bitcoin and/or develop their own competing virtual currency. Either way, you can bet whatever they do, it is not with Bitcoin's best interest in mind. That would be my guess anyway. On the flipside, there is a lot of money to be made off people buying and selling Bitcoin. Just depends on risk vs reward. The wrong move could leave Paypal in the same position as the long distance carriers...obsolete. I disagree that Bitcoin must necessarily be a competitor to Paypal. Paypal can stand to gain a lot by adopting the Bitcoin infrastructure. Just to daydream a bit, Paypal's current network probably employs a vast amount of human resources and contracts to keep their payment system runs smoothly. At every level of the company there might be operating costs that might not exist even at all if business was done using Bitcoin. Maybe Bitcoin can help alleviate some of that cost (termination of old system as they integrate Bitcoin into the company), allowing them to lower their fees, earning higher profit, and gain more customer volumes. Remember, Paypal itself doesn't necessarily come with a political ideology that pits the company against Bitcoin. Paypal itself can be pretty fluid. Of course right now Paypal is heavily associated with banks and credit card companies. But that may change over time if Paypal sees Bitcoin adoption to be beneficial. |
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