I wouldn't call them a couple... Jeremy just has been defending his position from waffles actions/spam. Nothing wrong with Jeremy warning this campaign manager about waffles spam/false accusations.

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Will change sig if accepted! Thanks for the consideration!

I'm glad this was discovered. I am so sick of seeing those awful attempts at scamming unsuspecting noobs on twitter. It has ran rampant these last few months. Nearly every tweet from an influential person had a reply with a fake account that looks just like the real one, saying "send 1 eth and I send 10 back!". Like, really? Not sure what has been taking Jack so long to shut these accounts down. I do know recently, anyone trying to create an account with elon musks name would be instabanned. Step in the right direction, but we seriously needs these scams to stop. They truly harm the community and the publics perception of crypto.

One of my favorite things to do is actually to go back and check out the older threads. This forum has definitely become full of history. Even lazlos post about buying the two pizzas for 10,000 Bitcoin is still up. It's funny to see how far we have come in terms of price and adoption. The forum is also like 100x larger than what it was as well, many people joined in 2017. If you want a clear picture of Bitcoins adoption and, like I said, how far we have come, just read this forum.

Kwuck! Nice to see you here. Your new posts are massively different than what they used to be. Now you are talking about the price falling to $2000, which would still be 10x higher than back when you said the price will fall under $100. It's funny that now your doomsday predictions are about the price falling under $1000, when back in the day you said it would never hit that price again in the first place...


There are a crapton of get rich quick newbies that joined in 2017. Thankfully, most of them are in garbage coins (99% in EOS lol). The ETF being delayed was a given IMO. The market definitely had a reaction though, but I thought it would only be like a $200 drop, not this much. Should be interesting these next few days, wonder if there will be a recovery...

This is a good way to boost confidence, but it won't always work for everyone. Especially if there is good news that repeatedly comes out and the price keeps on sliding down. The one thing I always recommend is if the price is stressing you out too much, just lock up your coins in a safe place, and step away from the whole market for a while. Come back sometime later, because things can be completely different after just one year! As tom lee says, most of Bitcoins gains happen within a 10 day period, so don't stress for the rest of the year, just wait for those 10 days

Totally agree, however, as much as I hate to say this, one thing I do think is that trusted escrows are needed for crypto adoption. It can be too dangerous/complicated for the everyday joe to properly store and secure their own Bitcoin, even more so if they are technically illiterate. So they could lose their entire retirement fund in one fell swoop, which can be a problem. What I like though, is that using a trusted third party is totally optional. Bitcoin empowers the users so if they don't want to trust someone with their coins, they don't have to! As long as they know how to properly store their coins, they will be ok.

Either way, I think this is huge news! More and more banks will be adopting crypto in this way IMO, and this is wayyyy better than having a bank create their own centralized cryptocurrency.

This is exactly correct! Physical and Psychological addiction are the same thing. They take advantage of the reward centers in your brain, which makes you want to have more. Gambling can easily do this (and it does), video games can become addictive this way, and even those crappy mobile games use the same tactic. All they do is trigger the reward center and cause your brain to release some dopamine, and your hooked, trying to get your next hit. That is facebooks business model actually.

Airdrops are something that devs use to convince newbies to buy their scam coins so they make money. Bitcoin doesn't need air drops, and Satoshi would never in a million years want airdrops for Bitcoin, or even approve of airdrops for Bitcoin. Bitcoin stands on it's own merit. However, with that being said, other coins have air drops with Bitcoins Blockchain though. The one that comes to mind is CLAMS. They had a snapshot of the BTC blockchain and distributed coins based off of your BTC balance. This of course had nothing to do with Bitcoin, it was just an Altcoin using Bitcoins blockchain. Now, mostly these airdrops take place on scam coins, like EOS.

You could also consider Bitcoin forks as airdrops, however the forks eventually will become worthless. But there has been many forks, Bitcoin Cash, Bitcoin private, Bitcoin gold, etc the list goes on.

This is exactly what I thought.

You can introduce it to them, but you also should properly disclaim the dangers of gambling and what can come with it.
If I introduced someone to gambling and they became addicted and ruined their life, I would feel awful.

Truthfully OP, I think it is the wrong idea to try and convince people to enjoy gambling. Gambling can be fun, I'm sure it would be easy to convince them. But they do have the chance of ruining their life and blaming you for it, then you having to carry that weight with you...

Yes, this is much better than outright banning gambling. People should be able to gamble with their money if they choose, theyre adults, they can make their own decisions. The government shouldn't have a say in something like this. Gambling helps adoption, I've heard a lot of people in the poker space has adopted/bought Bitcoin after hearing about it during a game. Anything that helps adoption is good. Now if only India doesn't ban crypto...

I'm sure they won't. But if they do, they will be putting themselves on the wrong side of history, and will be well behind on this technology.

A lot of people have this mentality but it just plain isn't true. That's what happened towards the end of 2017, a lot of newbies saw how much BTC was and how cheap these other coins are, so they bought them instead. Doesn't make sense though, as owning one full coin is just psychological. Owning .01 BTC is the same as owning one litecoin. It doesn't matter if you have one full coin or not, as I said, that's purely psychological. If Bitcoin hits $100k, small-time investors can still buy Bitcoin in small denominations.

Could be that, but I don't think they deserve the benefit of the doubt, considering how many scams that are out there. Definitely looks like this site is being intentionally misleading/scamming customers.


I've never played on primedice, but yup, the website layouts are near identical. Just a copy/paste of primedice, except they rigged the win odds to scam unsuspecting gamblers.

Good find OP, thank you for posting this, hopefully people will see this thread before going to that site to try and gamble. I know I will be staying away from it, dice games are what usually get me too...

I don't fully understand the purpose of that article either. I think they are trying to say that the price would be around $213k if everyone in America was using it for commerce? Maybe? Either way, the price doesn't matter for something like this, and I'm certain that if everyone in America was using Bitcoin the price would be higher than $213k, considering how many Bitcoin are deemed to be lost forever, which was nearly 4 million last I checked. I doubt this article was taking that into account.

Not to mention, the countless hodlers out there that have many BTC stored on cold storage. The true circulating supply of Bitcoin is much smaller than a lot of people realize.

I'd love to be in this campaign, tough competition as always! Good luck everyone!

Username: BitcoinNewbie15
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I'd highly recommend Julerz as being a campaign manager. One of the best campaign managers out there! Julerz was very professional for the entirety of the Bookie.pro campaign I participated in. He kept the spreadsheet organized very well, and even gave courtesy PMs to those that haven't met the post requirement yet for that week. He always updated the spreadsheet a few days before the weekly deadline, so we could see where we were standing that week in terms of posts. Julerz also always clearly posted on the campaign thread to let the participants know that the week was over, and marked the start of the next week. Always turned in the spreadsheet on time and we were always paid promptly. Julerz only selected high-quality posters for his campaign as well.

I highly recommend Julerz as a campaign manager in the future!!!

For this to happen the coin would need to be backed by something stable, or have a significant amount of value stored in it with huge buy and sell walls so the price never moves... By much.


I'm not entirely sure how this could be done directly on the blockchain. The cryptocurrency platform needs to be open and have disposable and interchangeable addresses to accept payments. In order to have complete identification, you would need a central database that issues addresses/private keys to individuals that register their identity with said entity, at least AFAIK...


Not entirely sure what you mean by this one. Limited supply? Or limited inflation? Limited deflation? You could easily create a crypto currency that has a 1% - 2% inflation rate.


Then this would need to be proof of stake. Now this makes sense for a centralized crypto currency that is controlled by the central banks. Essentially every wallet would be a savings wallet with a percentage earned per year. However, this would mean the inflation rate would raise at the same rate as your earnings, therefore negating any earnings from proof of stake, as your currency is constantly being devalued.



See #2. They could have a private blockchain and only issue private keys to those that submit proper identity verification.


This coin would need to be backed by a world superpower for this to happen and the centralized coin be taken seriously.


Each state actor would likely have their own coin at this point, as it gives them complete and utter control over their people. For international transactions, they could just use atomic swaps to exchange one currency for the other.

Did the capacity drop? If I recall correctly there used to be 119 BTC or something like that, or maybe the info I received was wrong. Also, can someone inform me why one million active channels is a big deal? I honestly am "technically challenged" when it comes to the lightning network lol. Its my understanding that payment channels are funded lightning wallets that can transact between one another? And then when you send a transaction it works through a web of these payment channels to find a path to the receiver? Is it that one million channels would have a massive combination of possible "routes"? I am genuinely curious, this is something I see a lot and don't fully understand.

Thanks!

We won't have any ETFs yet, but eventually, the day will come when we see an approval. I think this may be a bear trap, as long as the $7xxx range holds. If we go back to $6k I'd say chances are we may sink as low as $4k - $5k.

This is the problem with new users though, they all think Bitcoin will shoot them into the life of luxury and glamour because "itz going to make us all rich quick!1!!11!". This is not what Bitcoin was designed to accomplish, it is not a get rich quick scheme! Too many people think this and these are the people that are only here for a quick buck. Truth be told they are the ones that end up losing money in the long run. Bitcoin is a long term, store of value and long term investment. It has swings up it has swings down, long-term trend it rises. It will not make you rich quick.


As far as the famousness of Bitcoin worldwide, I actually think its very small. A lot of people have heard the word "Bitcoin" before, but many people don't know what it is or why it's important. A recent study has shown that only 2% of American investors hold Bitcoin. America is one of the countries where Bitcoin had its biggest amount of exposure, and yet only 2% are invested in it. There is a long way to go to get that number higher   , very bullish!