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Though it's easy to say, given the size of their business they need to consider all the risks involved before they provide bitcoin options. I'm sure this is in the pipeline but all these take time. We need to ensure bitcoin adoption become widespread before consider such request. A small 1 - 2 per 10 transactions may not be enough to start convince them.
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... 138.91.94.19 shows up lately as one of the top three or so "unknowns" that have won recent blocks (from blockchain.info's "Mining Pool Stats"). A Google search shows that is owned by Microsoft. blockchain.info shows that they have won 20 blocks recently (just past noon US ET Sunday). That puts them in first place among the "unknowns", those 20 wins beat both Slush and Eligius (19 and 16 blocks, respectively). https://blockchain.info/poolsMaybe its someone at their office  Now he will be caught and fired for mining bitcoin at work. Looks like some inside staff is trying to earn side income. Mostly these are done by the IT staff having administrator access |
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I am sorry but I don't buy all exchanges getting hacked one after the another story anymore. They're crooked, they run legit for a while to gain trust and when they have enough capital they just cash it all out and call it a Hack. And they know that no body can do anything about it.
After a while, they buy a new domain get a new outlook and start at it again. And it's just sad and really bad publicity for Bitcoin.
I agree. All these make people lose trust in bitcoin. Which now brings me to the question whether we need to make it as part of the regulatory. I mean has anybody been prosecuted to reclaim back the money lost? Hack and then end of story |
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Gold and all other currencies are objectively shitty and deprectaed when compared to Bitcoin.  Nice table but the only thing i see is that bitcoin shouldn't be in the government issued factor in the first place. It's rather unfair. Instead it should be something like 'backing' or 'acceptance' so the rest can be compared against each other. |
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At its current condition with bitcoin, an economic collapse would not make much of a difference. Problem is people have yet to accept bitcoin as a safe haven for storage of wealth. All the negative press about security hacking, fluctuation of coin value unfortunately to the downside, limited use of the coin will mean a long way to go to convince people to buy the coin even if there is a collapse
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I don't think that 7k has made it into the open market just yet. It could be some psychological selling in reaction to the news event.
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It shouldn't be too difficult to figure out who did this. If it has multi sig or multiple factor authentication enabled on a cold wallet, it would be almost impossible to pull off that stunt.
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It's just a matter of leaving for greener pasture. I think the overall exchanger integrity is still intact. Business as usual.
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Probably good..The last thing we want to see is some exchangers running off with the money or someone operating a ponzi scheme, so having licences will probably help.
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There are so many possibilities but I imagine if I could leave myself a note, i would write a note on the winning jackpot lottery number. That would say me all the work on mining.
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Here. Maybe you only need 50 btc to become a millionaire by 2020. |
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Seems like the bull run has slowed down. At 253 at this moment
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Hope to see this trend picking up further. It could also means certain goods in large quantities are being bought using btc and the seller is selling back the btc to the exchanger for fiat.
edit: Oh and i forgot to say, the buyer is getting btc in exchanger and use that to pay the seller.
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Let me help you all out of your wet dream, i am a big supporter of Dogecoin from almost the beginning, and i can tell you if you in for the money here dream on you'll never get rich with Doge because there is no limit on the total coins. Buying dogecoin is a good thing of course but only for buying stuff you help support the community.
Dogecoin inflation in the long run tends towards zero. Seeing how many coins have been lost it's not even sure that there will be much inflation at all. Does anybody know if there is a blockchain visualization tool that makes it possible to see how many coins have not been moved for X amount of time? Well i was one of the so called supporters as well. The reason why i decided to move away is mainly driven by the continuous amount of coins generation which will be the main factor driving down the value. I'm still holding on to a small stash and hoping to see what happens next after the 100 billion limit has been reached. |
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Or become a respectable fraction of the value of Bitcoin; forget becoming equal or surpass its value.
Its been six years, maybe 2000 odd me-toos. Is it time to give up? There is usually a time to stop trying on a new business ideas (or clone).
The simple thought I have is we really can't have an altcoin close to the value of bitcoin, why do we (as a community) continue to waste our time (and money/resources) with more and more new altcoins.
Please share your valuable thoughts.
Thanks
Or become a respectable fraction of the value of Bitcoin; forget becoming equal or surpass its value.
Its been six years, maybe 2000 odd me-toos. Is it time to give up? There is usually a time to stop trying on a new business ideas (or clone).
The simple thought I have is we really can't have an altcoin close to the value of bitcoin, why do we (as a community) continue to waste our time (and money/resources) with more and more new altcoins.
Please share your valuable thoughts.
Thanks
If you talking about waste of time, probably no because alts becomes a channel for us to test out the new technology. It could be in a way be incorporated to bitcoin blockchain someday. But sadly these days alts become a tool for manipulation other than a mere pump and dump coin |
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If this were to be btc, all the negative news will start to pour in to make it look real bad. And talk about being fair
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Ok. That sounds progressive. So what are you going to do when that happens? Don't forget if it can make you rich, it can also make you poor
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Does that really matter or is this what bitcoin is all about? Instead of when to sell or at what level to sell, Look at it as a day-to-day currency. If that makes a difference .... i'm holding on to mine without giving a thought about that at all
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Almost 2 hours to get the first confirmation as I tried to experiment to send without fee. Normally the longest waiting time with fee is like that 20 mins.
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