What I meant when I stated that no man should ever have to demand religious freedom is that religious freedom is a constitutional basic human right, it should not be demanded, it should be given.
What is a "basic human right"? What rights does a human have if he/she lives in a state that does not provide/guarantee these rights? The ideas of what comprises "basic human rights" varies hugely from nation to nation and so I think that no such rights are really "basic", or, if any basic rights exist, they are far narrower in scope than what many like to believe. The term "basic human right" is really not defined in any document or rule. The concept of religious freedom is something that is very new to our world. For the majority of the history of humans, people have been forced to follow a specific religion, even to the point that wars were fought over religion. |
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For me it will affect positively. Not negatively.
Kindly elaborate this one? How much commerce was done on SR? It was a lot. IIRC Ross was guaranteeing the fiat value of bitcoin transactions held in escrow. So if the seller was willing to give a refund then the refund would be given in terms of dollars instead of bitcoin. This likely not only got more people to buy on SR but also got people into bitcoin. The Silk Road issue made a great publicity, bitcoin became more popular and widely acceptable around the world. Any kind of exposure is good for bitcoin. I think people were actually using bitcoin in order to buys illegal drugs in ways they thought were less risky in terms of potential legal consequences. |
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Merchants pay transaction fees like 2-3% on the transaction.
But credit companies make miney from issuing credit. As high as 20-25% APR.
What nobody here ever have a credit card? Lol
The APR/interest that is charged by banks is to account for the credit risk. The actual returns is not as high because banks generally suffer heavy losses when lending via credit cards. The actual issue is the price that merchants pay in exchange for having credit card payments processed. You are generally correct as to the percentage, however many merchants will also pay some fixed amount above this percentage. |
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Now we can say that 2014 is the best year for bitcoin, we have tripled the previous ATH and the rise was really fast!
Not we can't It was nothing more then a flash rally. The price went back down within minutes and was only on the euro denominated platform. If I had to guess, someone probably tried to buy a lot of bitcoin in euros (which is less traded then bitcoin in dollars) but since the market is thin, the price spiked. Yes but trades were made. So this is all time best and probably highest price of BTC this year. The trades were made however the price was not sustained for any significant amount of time. There were a pretty small amount of bitcoin actually traded at these prices. This is true. Even though the trades technically did happen, they really did not reflect the supply and demand in the market. As a result it is really not fair to say that bitcoin was valued at 3200 eur |
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The gov't can't issue 'too much' debt, unless it just burns the money it raises. Because it usually issues just enough to satisfy the domestic private sector's and foreign sector's propensity to net save.
When economy deteriorates, the private sector's propensity to save increases, as does the budget deficit. Budget deficit actually adds to private sector's net financial assets.
War is an example of destruction of wealth. They are literally burning those dollars. Now don't get me wrong here, of course those dollars are soldiers wages etc., but most of those thousands of soldiers could be doing something of actual VALUE, like running a business that produces more wealth. Nevermind the bombs, tanks, ships, etc. that are depleting the worlds net wealth by destroying and polluting. How does budget deficit add to private net financial assets? Are you just talking strictly on paper or what? They're borrowing money from the FED who just creates it from nothing. That's currency debasement, that's inflation, which is just another tax on private sectors savings! They're stealing purchasing power from anyone who saves, which is definitely not adding to net financial assets! War is something that actually generally will actually stimulate the economy which will generally increase wealth. The businesses that build bullets, and bombs and other "tools" of war will need to hire more workers, as will their suppliers. |
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Without any service or product to sell, and without just buying BTC, best bet is signature campaigns.
But suddenly these campaigns are going down and after Dice scam and PD announces they are also closing uncertainly around here I would predict that we will see more signature campaigns in the future. We also are seeing that many smaller fixed rate campaigns are popping up all the time. With both of those being said I would say that signature campaigns is likely still the best way to make bitcoin. |
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Alot of us bought BTC when they were *cheap* and been holding them since. Hoping they will keep climbing in value. And at the same time many altcoins rise and fall, people buying low and selling high, or even shorting BTC on sites like Bitfinex... Or mining new coins and then dump them as soon as they hit the market. There are also many securities out there to invest in like ASICMINER and HAVELOCK and now some mutual fund types investing in many altcoins, bitcoin and shares in crypto companies.
I am not talking soo much about Pool operators, or people with massive ASIC/FPGA/GPU/Rent-A-Server Farms, nor people that are just hodling. Looking for people invested in buying, holding and selling coins short / semi long term and or buying securities in groups that mine and give out dividends on their output.
With all these options out there, to invest in. Where you can possibly get a monthly, annual dividends, or as stated trade on the exchanges. Has anyone made this their full time job and been successful at it?
Certain names come to mind like Chris Dunn and Johnny Roquemore.
In the altcoin scene there are many professional traders. That would be the place to look for anyone interested in making a living trading crypto. You also have the issue that all alts have no real value so they will eventually all go to more or less zero. (you just need to wait long enough for this to happen). Either that or actual economies will rise resulting in real spending and demand for certain alts. It's not impossible. I would seriously doubt this will ever happen. If someone wanted to spend an altcoin there is no reason why they could not spend the equivalent amount in bitcoin for less cost and more security. You might be surprised. The crypto scene is going through something of a revolution in 2014. The amount of new tech that's being developed is impressive. I am not so sure about this. The price of altcoins when priced in bitcoin have decreased a lot in 2014 and it is generally getting much more difficult to start/launch a new altcoin as there is less overall demand. |
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Tittle is misleading, good news but misleading.
Yeah, we are not quite there, bitcoin should be fully integrated into ebay, there is really nothing preventing this except politic. Bitcoin is perfect for ebay. Actually bitcoin would make it very easy to scam on ebay. In order for the buyer to be sufficiently protected when buying on eBay the buyer needs to have the ability to dispute the sale within a certain amount of time if the product they buy does not arrive or is defective. Also you can use whatever method of payment you want to and the seller agree to when you buy something. |
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It sounds like you are trying to scam someone out of their money. Both bitcoin and western union are both generally not reversible while credit card payments are. This essentially means that the buyer would be able to file a chargeback request that would essentially mean they would steal the money from their counterpary.
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I would not say don't use escrow as I still feel it will be beneficial to you however the best way to start is to get yourself a good reputation by maybe trading with people on the forums and other recommended places. It will take time but the outcome will be worth it. You basically need to get yourself a good reputation so that people know you are not a scammer yourself.
The OP is trying to start an escrow service, not to initiate escrow for a pending trade. I agree that it is important to use escrow anytime you are wanting to trade with someone. If the OP were to do a lot of trades then eventually people will be willing to not use escrow when they trust him enough. When enough people trust you like this then eventually people will want to use you to make sure they will be protected. |
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You most convenient option will likely be selling on LBC if there are trading offers there. Another option would be to try selling on the currency exchange subforum in the marketplace.
You should also remember that every currency is a "foreign" currency in terms of bitcoin so it should not be terribly difficult to sell bitcoin for the local fiat currency in the country you are on holiday in.
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Please don't get arbtrage confused with these 'guarenteed get rich' quick schemes. You don't always make money no matter which way the price moves, it has nothing to do with the direction of price movement.
With arbitrage, you should always make money on each of your trades. If you do not then you are doing something wrong (likely holding onto your bitcoin position for too long). What could prevent you from profiting is the lack of trading opportunities. |
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 Since when bank will suspending bank account for selling bitcoins thats hard  Yeah, is there truth in this issue? Anyone knows whats the deal with paypal or if they have released an "official" statement about this one. Ive been reading all about this issue all over btctalk. I work in banking. Your bank SHOULD NOT close accounts for selling Bitcoin. The US Government classifies them similarly to stocks/property. They are not illegal and myself have bought and sold through my account no problems. If they make a big deal out of it, go in, sit down and lay out the governments view on it. Unless your that moron from reddit who wants to sell bitcoin internationally in the marijuana trade, then you're an idiot. Wait til its legal and remove that from your business website. The issue is not that you are selling bitcoin and depositing the proceeds in your bank account, the issue is that you have a lot of deposits into your account in relation to your overall balance. This makes it looks like that you would be considered to be a MSB which is extremely risky on the bank's side, especially when the account holder is not reporting as such. |
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now take the 448 BTC remaining... and don't touch it... unless you want to sell it slowly.... do not invest... investing in BTC is shall we say.. another name for someone else to take your money.
If you do not invest your money then it will not grow. If no one invests their money then the economy cannot grow and advance as the innovation will not be there. This is true. With inflation, the value of your bitcoin will generally decrease over time, granted the price of bitcoin is likely to grow as adoption grows, however there is a limit to this and you ultimately need to grow the number of bitcoin you own in order to grow your wealth. |
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I would guess that it is the government attempting to determine the location of the SR servers in ways similar to how SR1's servers were found. They likely wanted to do this before SR2 would have time to implement "fixes" to avoid the same vulnerabilities as the FBI's methods were revealed recently.
From what I have read they are being DDoS'ed which is likely something similar to what the FBI did to Sr1.
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What do you think about this?
FUD. Unless it is going to completely destroy the entire internet across the entire world in such a way that the world can't recover, it isn't a threat to bitcoin. If it does damage the entire world wide internet in that way, then we've got MUCH bigger problems to worry about than bitcoin. I agree. This kind of activity is not something that would affect bitcoin only. Since bitcoin is decentralized the only thing that could cause damage to bitcoin would be the inability to communicate throughout the world. |
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A related idea would be how profitable these ATMs are, and whether or not there are onerous regulations ("Know Your Customer", etc.) on Bitcoin ATMs.
The machines likely have a several months to a year+ time needed to ROI assuming they neither pay nor receive rent. The ATM mentioned in the OP would make ~3,200 per month in revenue assuming they charge a 5% fee, although I am not sure how realistic this would be as I am not sure what the average fees for BTC ATMS are. The ATM in the OP also has caused additional foot traffic into the restaurant that it is housed in so it would not be out of the question if the owner of the restaurant actually paid the BTC ATM operator to have their ATM there as it would likely increase sales. |
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Satoshi is probably one person that read the work of the others. Indeed, the only way to keep something secret is to not tell anyone at all. Something like this  People
involved | Time required
to complete idea | Risk of
apprehension | | 1 | 4 years | 30% | | 2 | 3 years | 60% | | 3 | 1 year | 85% | | 4 | 1 year | 90% | | 5 | 1.2 years | 96% | | 6 | 1.5 years | 99% |
I am not sure how you reach your logic to say that it would take more time for a team of 5 or 6 to complete version 0.1 of QT verses how long it would take with a team of 3 or 4. |
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You mess up with your life savings your done. If you are into this kind of "hobby" you need to think straight.
Saving in paper money is not saving, it is being a believer in a fail system Most people do not "invest" in fiat, but rather invest in things that are denominated in fiat. For example large cap stocks generally beat inflation by 5-6 percentage points per year so the purchasing power will grow over time. |
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That must have taken a lot of valuable time. Which sucks because nobody else would bother to read it. That is not the issue, the issue is that illegal information could be conveyed that way Top secret stuff, terrorism ... would that turn the entire blockchain illegal? It wouldn't turn the entire blockchain illegal.. but it would certainly put you on a watch list. And I doubt terrorists would reveal their latest plans somewhere where anybody can read it. An excellent point... to play devil's advocate though, they could send out a notice saying "go now" or something, signalling other jihadis to start an operation they planned earlier. I think it would be unlikely, but in theory possible. There would likely be other, easier way to send this message however. Shortly after 9/11/11 videos surfaced of Bin Ladin that showed erroneous date/timestamps, it was thought that these timestamps may have included some kind of message so the media self -censored the timestamps to prevent them from being disseminated. |
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