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1401  Bitcoin / Bitcoin Discussion / Re: Bitcoin News/Price Update; Monday June 22 on: June 22, 2015, 04:29:46 PM
How are you selecting which headlines to include? There's a news update section to this forum
1402  Economy / Economics / Re: Best Bitcoin-related business idea for a country with few recognition of Bitcoin on: June 22, 2015, 04:19:00 PM
Start an organization that allows supporters of Bitcoin celebrate the currency, educate the community, and help businesses realize how easy it is to accept bictoin for payment for goods and services. Education for all parties is a great way to get people interested.

Would the people of Turkey take kindly to hear how Bitcoin is assisting in their economic troubles?

Let us know how it goes.
1403  Bitcoin / Bitcoin Discussion / Re: Bitcoin Block Size Conflict Ends With Latest Update on: June 22, 2015, 04:10:11 PM
I don't know why they're worrying about changing it so fast. The transaction volume has been almost flat for two years and the market cap is still dropping and has been for a year and a half. Do the devs have this fantasy that if they change the blocksize magically people are going to start flocking back to Bitcoin and the market cap will jump back up to 14b from its current 3b?

What does market cap have to do with this? It's just a measure of price by supply, not a measure of transaction volume.
1404  Other / Politics & Society / Re: Write a letter, change business... on: June 22, 2015, 02:03:39 PM
Which company has ever responded to a petition?

And for the US Gov, you need 10,000 petition signatures to get a response but some target letters could get your legislators talking, and they already have the ear of the President!
1405  Other / Politics & Society / Re: So now we have to worry about knife control laws? on: June 22, 2015, 02:00:52 PM
Did you even read the article? There is already knife control legislation and this bill is set to roll them back.The article says the Bill is dead in the Senate, for the second year in a row. Let's also note that it's a Democrat that's trying to get your knife freedom back for you.

Why do people get so worried so quickly about such silly legislation. As long as you aren't killing people, no one is going to take your "guns or freedom!"
1406  Other / Politics & Society / Re: Trump runs for president on: June 22, 2015, 01:50:45 PM
http://www.cnn.com/2015/06/16/politics/donald-trump-2016-announcement-elections/index.html

The real estate mogul and TV reality star launched his presidential campaign Tuesday, ending more than two decades of persistent flirtation with the idea of running for the Oval Office.

"So, ladies and gentlemen, I am officially running for president of the United States, and we are going to make our country great again," Trump told the crowd in a lengthy and meandering 45-minute speech that hit on his signature issues like currency manipulation from China and job creation, while also taking shots at the president and his competitors on the Republican side.

"Sadly the American dream is dead," Trump said at the end of his speech. "But if I get elected president I will bring it back bigger and better and stronger than ever before."

Thoughts?

This topic is already being discussed on this forum Under the topic "America, you're fired!"

We should consolidate threads.

To the OP, what are your thoughts about Trump?
1407  Other / Politics & Society / Re: BREAKING NEWS: American Patriots Militia Groups taking down the Federal Reserve on: June 22, 2015, 06:57:22 AM
Why are your posts littered with multiple font colors, sizes, and styles? It makes it impossible to read your propaganda...and isn't that purpose of your rants? Everyone has a right to preach their point of view, it's really hard to read yours through your inconsistent and blinding formatting.
1408  Other / Politics & Society / Re: Federal Judge: Police Now Can Detain Gun Owners For Absolutely No Reason on: June 22, 2015, 06:53:11 AM
Two thoughts on this.

1) The Sgt. new the right from wrong with respect to the law, otherwise he wouldn't have let Deffert go immediately...this is a good sign. And it actually proves that police CANNOT detain gun owners for absolutely no reason.

2) If Deffert still feels he's being wronged, even though he was let go, he should take his appeal to Washington, that's what the appeal court system is for.
1409  Other / Politics & Society / Write a letter, change business... on: June 22, 2015, 06:49:28 AM
https://www.yahoo.com/music/apple-changes-course-after-taylor-swift-open-122145730981.html

There's a lot of cynical talk on this forum. Here's one example how writing a letter to explain your frustration or disappointment with business or government CAN make a difference. Granted, this is about Taylor Swift's recent letter to Apple. She has clout, people listen. We can make the same impact not by one letter but by many, there's power with the people.

SO when you're frustrated with some government or corporate or social decision...organize, draft a message, and get your group to send it to anyone who matters or can influence the decision. The power is with The People...let's not forget that.
1410  Economy / Economics / Making Bitcoin safer for the mainstream...could be catalyst for growth! on: June 22, 2015, 06:43:09 AM
http://finance.yahoo.com/news/software-makes-harder-bitcoin-criminal-150624043.html;_ylt=AwrXnCegqodVeXkAfY7QtDMD;_ylu=X3oDMTByYnR1Zmd1BGNvbG8DZ3ExBHBvcwMyBHZ0aWQDBHNlYwNzcg--

One of the major reasons banks have been wary of accepting bitcoin as a viable currency has been the cryptocurrency's association with illegal activity — specifically money laundering.

Because banks are responsible for keeping track of inflows and outflows and ensuring that the money hasn't come from an illegal operation, they have been hesitant to embrace digital currencies. However, Elliptic, a London-based bitcoin startup says its latest software development could change all that.

Bitcoin Tracking
Elliptic is a program that is able to track a bitcoin's movement using blockchain, allowing banks to get a better picture of the source of a particular coin.

The software uses machine-learning in order to skim every corner of the web to track the movements of bitcoins. The company claims this technology could be the key in bringing bitcoin into mainstream use.

...of course this could also be used by Governments to track the currency over which they have no control.
1411  Economy / Economics / Re: Massive Program Buy in Crypto Last Week? (15 June 2015) Start of Something Big? on: June 22, 2015, 06:40:56 AM
June 15th is a pay day for many people. This could just be a bump from average purchasers converting some of their paycheck to their crypto currency of choice. One way to find out would be to see if this similar activity happens following the 15th of other months in this year...can anyone put a chart like that together quickly?
1412  Economy / Economics / Re: Business owners, have bitcoin payments boosted your sales or not? on: June 22, 2015, 06:37:21 AM
Here's a decent article on finding success with a Bitcoin-based business, perhaps it would be useful to some of you.

To find out what Jonathan Chester of Bitwage, Connie Gallippi of the BitGive Foundation and Barry Silbert of the Digital Currency Group had to say, check out the brief video below:

http://www.foxnews.com/us/2015/06/18/advice-on-starting-bitcoin-based-business/
1413  Other / Politics & Society / Bitcoin showing it's disruptive power in Greece on: June 22, 2015, 06:31:03 AM
http://finance.yahoo.com/news/bitcoin-could-shift-balance-power-202835319.html;_ylt=AwrXnCegqodVeXkAfI7QtDMD;_ylu=X3oDMTByb2lvbXVuBGNvbG8DZ3ExBHBvcwMxBHZ0aWQDBHNlYwNzcg--

Over the past week, both the price and volume of bitcoin has been increasing (it's up 11 percent so far in June) - this is similar to the activity that occurred when Cyprus introduced capital controls in 2013. During the Cyprus crisis, citizens were not only locked out of their bank accounts but many found that some of their money was confiscated when the banks re-opened. This confiscation went by the "friendly" moniker "bail-in." In the Cyprus bail-in, any deposit above 100,000 euros were converted into Bank of Cyprus shares. Given this precedent, it is no surprise that Greeks are seeking a safe haven for their savings.

Since 2013, the bitcoin ecosystem has matured and it is now easier than ever to purchase and securely store bitcoins. This makes bitcoin the ideal instrument for Greeks to use as a store of value.

What is most striking about the use of bitcoin as a safe-haven asset is that doing so completely disrupts the balance of power between the government, the financial system and its citizens. Part of the European negotiating strategy with Greece has been to make conditions so bad for ordinary citizens that they force politicians to concede to onerous adjustments. So far, this tactic has failed to force Greece into a deal. I am skeptical of this tactic because Greek politicians have little to gain by accepting a deal with the European Union. Since the new government was voted in with the mandate to end austerity, it would be political suicide for them to accept a deal that continued down this path. It would also be economic suicide as further austerity measures will likely push Greece further into depression and result in an even higher debt-to-GDP ratio.

...What an interesting way for Bitcoin to serve as the confident alternative to the frustrations of poor government decision making!
1414  Bitcoin / Bitcoin Discussion / Re: Bitcoiners on: June 22, 2015, 04:52:47 AM
Yeah, I do. A friend who speculates on the price but kind of got his ass handed to him following the run up to $1000. The friend is more of a person looking to make a quick buck on any investment or triage opportunity. He's not really interested in the currency or long term prospects of Bitcoin unless he can make a quick play to profit.

I think that's OK though, any activity is good activity at this time, right? Not everyone needs to understand the point or mechanics of Bitcoin, just like most people don't know much about how fiat currency is manipulated or controlled.
1415  Economy / Service Discussion / Re: Card you use for bitcoin on: June 22, 2015, 02:15:40 AM
I've been trying to find a good debit/master card for bitcoin. What do y'all use? I want a card that has low or no fees that accept bitcoin transactions. I've hard of adv cash hows that?  Huh

I'm not aware of any debit card or credit card that you can use to buy BTC with directly. I'm only aware of bank transfers or wires. I'd love to know what cards could be used but it's probably more on the side of the BTC seller  - if they accept MC, Visa, Discover, Amex, etc.
1416  Economy / Economics / Re: Request: bitcoin market cap graph on: June 22, 2015, 02:07:12 AM
Great charts right here: https://blockchain.info/charts

Updated daily from a very reputable source, go nuts!
1417  Economy / Economics / Re: Americans are getting stronger. Twenty years ago, ... on: June 22, 2015, 02:05:42 AM
yes, this is why I stick myself to non-inflation currency called bitcoin.) I hope that others will also realize, how those central banks, manipulating with exchanges and endless inflations harming them..

What makes you think that the price of bitcoin cannot inflate? Isn't it's change in value against fiat (and the severe drop from $1000 to $250 a clear sign that the price of bitcoin CAN inflate? People that bought or earned bitcoin at $1000/BTC can no longer buy the same amount of goods or services today.

To the OP, I don't think this is an American problem. Goods and services inflate across the entire world...at different paces but growing none the less.
1418  Other / Politics & Society / Re: "You're the bomb!" - Are you at risk from the anti-terrorism algorithms? on: June 21, 2015, 10:36:19 PM


Your Nazi propaganda isn't welcome here.
1419  Other / Politics & Society / Re: "You're the bomb!" - Are you at risk from the anti-terrorism algorithms? on: June 21, 2015, 07:22:18 PM
Suspicion by the police or government starts with suspicious behavior. So the activity majority of people do online, provided isn't aligned with the type of planning activities terrorists do would never appear on the radar of such searches. For the minority of people that do things that might align with the type of planning activities terrorists do you shouldn't be surprised that you bring the attention of the law AND the legal process should be able to determine if you're on the right side or the wrong side of these activities.
1420  Bitcoin / Bitcoin Discussion / Re: How is bitcoin better than litecoin? on: June 21, 2015, 06:31:30 PM
That is kind of like asking how is Apple better than iPhone, or how is Nike better than Jordans.
Litecoin was built off Bitcoin.

I don't think this is the right analogy. Bitcoin didn't create Litecoin. Litecoin isn't a model under the brand that is Bitcoin.

Bitcoin is to Litecoin as Gold is to Silver, there essentially the same thing however one is valued higher than the other, one is more popular, more sought after than the other. There are some foundational differences but essentially they're two versions of the same thing. E.g., Nike Air Jordan's to Reebok Pumps.

One thing I'm not hearing from this thread, and would love to, is what are actual differences between the two coins. Is the mathematical work to create the coins different? Is there a different size of mined blocks? Is their something different to the infrastructure. Most of the comments I'm seeing so far are differences to the impact of both coins on the community, symptoms rather than real causes.
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