The huge amount of crypto related startups puts a need in the legal community to have a presence when potential startups and even simple local merchants start to search for bitcoin or btc with LAWYER or Attorney

So one of our companies is pretty big in LEGAL LEADS and we generate such leads usually in a GEO market for niche areas of law

For certain types of lawyer services in markets we generate leads for firms in such markets through our large portfolio of EMD's related to lawyer niche searches usually in small geo markets and yeah, LA or NYC is a small geo market to us.

So at this point you dont have a plethora of searches for btc related legal searches, but you don't need a plethora of searches for a lawfirm to benefit from any type of legal search for a need. Many areas of law have lots of searches since legal services is a huge part of GDP in the USA and other nations.

With startups come legal service needs so many will want specialized legal services where lawyers familiar with btc can give educated advice to startups and merchants and investors.

So we saw a need that is already happening and acquired assets to develop to help lawyers find clients with btc related legal needs.

At this time the search base of potential btc legal clients is small, so a firm with a legal knowledge of the whole crypto market could find great value in having us make their phones ring related to companies and businesses looking for legal advice related to crypto or btc matters.

Zuck will resist btc for one reason

Well two

THOSE TWINS

So he will look at btc and say NO just due to the fact the twins claim to control 1% of all bitcoins

So WHEN FB does take a position in some type of crypto he may choose another crypto coin IMO

How many users does FB have? So FB and Twitter are both in positions to stamp a crypto coin system as their preferred coin

Now if FB is slow to embrace any crypto coin, then btc may grow big enough to not be destroyed as the current preferred crypto coin as it is viewed now by other tech giants

User base of both FB and Twitter could drastically change the whole crypto coin landscape IMO

Hey you're talking to a guy that bought the idea already, I'm just trying to discuss a potential issue, so you're singing to the choir as they say.

Exchanges can manipulate btc values as much as they establish a real world value as well

So the wise one (satoshi in Japanese) did his best to outline potential flaws such as DISHONEST MINERS can create false values or control creation of coins

The wise one (satoshi) never addressed the obvious off shoot of btc becoming a defacto currency which it now is

So as of this time, btc exchanges that are clearly establishing a value to other currencies and btc exchanges are in a position to be dishonest and manipulate it

Granted they're not a centralized control on the btc itself, but they are creating a value to btc that the wise one (satoshi) never addressed in is paper.

Due to the broad support of btc by many wallets, those wallets are now controlled to some extent by price values a few exchanges are setting

When you have a few exchanges trying to fix a live value to btc, those exchanges are open to manipulation IMO

It could be what is producing the high volatility in btc values itself, artificial manipulation of exchange prices, not the coins themselves

The btc network controls btc itself but the exchanges are in control of values the public and businesses now place upon the btc itself

Again I'm a believer in btc

But I'm looking at the current btc exchanges and shaking my head

Thanks for the bitstamps info

I'm shaking my head HIDDEN WHOIS INFO

Red flag

Canadian info in whois, a us based dover ip, a brit llp on about page

So an exchange HIDING ownership info is a 'major btc exchange'?

Shakes head some more

OK

I read the Satoshi Paper and I saw a few minor issues, semantic stuff mostly, the guy is a genius IMO.

That being said the whole Satoshi Paper was against any form of centralized control, and right now we are seeing BTC exchanges control btc.

Now maybe I missed something in Satoshi about how to allow a BTC exchange to manifest or a group of them to appear.

While the concept of a transparent currency was brilliant and today we have a blockchain anyone can download and rebuild from Genesis to verify the 42M + transactions that have taken place.

There is no financial data within the blockchain to show any 'value' in any other currency.

So an outside agency or control system has bootstrapped itself to bitcoin and those are btc exchanges.

So I would like to know what this growing community thinks of btc exchanges setting price values as a whole are, are they against the whole idea of the Satoshi Paper in allowing a form of centralized control outside of bitcoin core to control it. Satoshi Paper took great pain to explain a potential flow in his paper, DISHONEST MINERS.

Yet he failed to mention the inevitable formation of 'btc exchanges' and what could happen if some of the btc exchanges are DISHONEST.

So the whole Satoshi Paper was build upon a new type of TRUST SYSTEM with a possible flaw of DISHONEST MINERS.

Now I'm more concerned about who the heck is running the btc exchanges.

Like I said, I READ THE SATOSHI PAPER and I understand his DISHONEST MINER FLAW in the paper.

But unless I had a brain freeze I don't recall seeing the Wise One (meaning of Satoshi in Japanese) elaborate on potential problems with BTC exchanges trying to centralize a value of the currency.

After all that is what an EXCHANGE DOES, it creates a place to determine market value of a currency/stock/commodity and every exchange is regulated.

Well a prison exchange or drug exchange won't be regulated (LOL), but you know what I mean

Gold/Silver/Platinum exchanges all regulated
Stock exchanges all regulated
Currency exchanges all regulated
Commodity exchanges all regulated

So a short list of the unregulated BTC EXCHANGES who now control btc values

Thanks

Can anyone put up a list of the major btc exchanges where you see live exchanges and maybe buy/sell orders in the system

Thanks

Floor support of last bubble (end of 2013) was 500 as predicted by the www.BitcoinAlgorithm.com so when ever it gets near 500 or a little lower it will come back just based on broad amount of users now that support the $500 floor.

Next major bubble is 10K peak and 5K floor support and as the www.BitcoinAlgorithm.com explains, it is entirely dependent on one thing, the real core user base growing from 700K users (end of 2013) to 7M users (projected users end of 2014).

My Wallets info on BlockChain.info seems to be a decent approximation of width of user based and you just need to create a percentage of user base as a fraction of total population then take that fraction and divide into GWP then divide by 21M bitcoins and you have a floor value to bitcoin that IS REAL and based upon real economic data and not just news and dumps and buys.

Any major news today to drop btc 7% today, 625 latest range so 580 was 7% drop and it recovered half in same day.

Were any wallets moved today?

Someone dumping a position maybe since value growth has been flat a while now.

Maybe a short term investor looking for huge growth and dumping after short ride??

The floor was 500 end of 2013, the floor should be 5K end of 2014, as you all know when btc moves up, it jumps REAL FAST, and that jump will happen soon.

Please fix the typo, MAID is a servant you mean made.

I make typos all the time, bad keyboards usually that can't handle an 80wpm pounding for more than a couple of months, you can see how keys on my old boards get literally worn out in a short amount of time.

So to make a legit offer to potential investors who are on the board, me being one, you need to make sure the original post has no major typos, so reread the first post if you are looking for investors.

My 2 cents or should I say .00004 btc

The Fonz or Fonzi aka Happy Days

So

The Ponz or PONZI

OP you need to get a new name or many will say whatever you are doing is PONZI a death name in business circles and folks go to jail for PONZI stuff.

Rename it IMO

GOOD LUCK

I see two problems with your idea so far.

a. 3% is not a big enough of an incentive to consumers IMO and right now many new merchants often offer much more in discounts since they want bitcoin in trade to try to get some of the currency in their own wallets while it is growing.

b. the statement about exponential growth of merchants and not enough consumers, I don't agree with that at all, way more worker bees in the world than queen bees (business owners), plus each merchant putting I TAKE BITCOIN on their business or virtual store is one more ad to promote btc commerce for free.

I can see the 3% concept though, merchant gets same dollars for a btc trade compared to cc trade of equal value so loses nothing, but also gains nothing in saving on the fees, one of the benefits of being a btc merchant is saving on cc fees, so now your idea removes that reason merchants like bitcoin.

Anyway, already many merchants offer way over 3% discounts, in our own network of digital goods we are starting out with 40% discounts for our catalogs of digital products which includes thousands of ebooks we have published, memberships to content sites, videos, music, films, etc.

If it's a digital good, we've done it over the years ebooks/music/films/videos.

The problem with btc right now at this stage isn't growth, it's that the larger wallets belong mostly to crypto geeks, who could in theory crush the market when ever they say sell.

Acceptance of more and more merchants each day just fuels the free PR btc has in the world today, good luck with your venture though, you have a nice way of presenting your ideas in your posts.

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Come on man wiki sucks, haven't you heard?

www.WikiSucks.com

I'm not redefining it, I'm stating historical facts and educated experts in the history of commerce will agree with me.

You don't need any government to create a fiat currency, all you need is a group of people that AGREE to use something of no real value for value in a commerce system.

Now beads and shells were a currency in ancient cultures, that's not barter, it's a fiat currency.

So historically through thousands of years fiat currencies have existed in many parts of the world and I don't care how wiki idiots define it.

I KNOW WHAT A FIAT CURRENCY IS

Good examples of modern fiat with NO GOVERNMENT CONTROLS is how cigarettes in jail are a currency or a fiat system.

As well as Tide with drug dealers.

http://www.forbes.com/sites/pascalemmanuelgobry/2013/01/08/all-money-is-fiat-money/

by definition fiat currency is something of no real value that a group of people accept as having value, granted most fiat currencies have had a government controlling it, however it has existed for millennia.

Original economies for humans were 'barter', mostly foods traded among people, a pig for x chickens, etc. But food is perishable usually so eventually barter economies had to move into a system backed by something of value other than food, primitive economies were built on many fiat systems with no real governments, beads and shells, etc, are all examples of primitive fiat currency systems.

So believe what you want, but if you discourse upon such themes with educated professors and such they will agree my definition fits fiat systems as a whole throughout history, although recent fiat currencies have had government controls.

Bottomline is fiat has no real value and a group of people AGREE to a value in doing trade or commerce.

skywhen

see PM response to your pm

let's do our first deal

THANKS

Anyone in SFL?

How about happy hour at one of the good strip clubs in SFL?

I know lots of the owners.

haha

If you into btc and hot young chicks

You'll get along with us

Bitcoin IS a currency

It's a perfect example of a fiat currency, just like the USD is a fiat currency.

ANYTHING a group of people AGREE to accept in exchange for goods and service is by definition a fiat currency

While a real 'currency' has something backing it, there are no real currencies today, it's all FIAT CURRENCY

A fiat currency is only as good as its TRUST FACTOR

Be it shells or coconuts or sticks or worthless pieces of paper it's all fiat, with the exception of coconuts, that is something of VALUE since it's a food that can also be processed into coconut products.

Much of recent history has been currency, backed by Gold or Silver, but today all currency is FIAT and no one can argue that btc is not now a fiat currency, IT IS

FUCK VOD and anyone pissing on anyone due to them being new and posting something of value.

Dude comes here to offer one of the rarest books in the world for btc, right away assholes like VOD (not vod in that tread but a putz just like him) jumps all over the guy with one of the most valuable books in the world.

Dude put in his post FACE TO FACE in my bank it's in a vault, yada yada yada happy horeshit.

Still a putz like VOD jumped on him saying a newbie with such an asset.

So this Forum is the problem, they allow what is called Forum Bullies to dominate new users.

So new users here's my buddies forum.

Launched last week already 2M in alexa

www.1Domains.org

They will monitor it and if assholes like Vod appear BANG he's gone.

They also monitor for scams and such and warn to be careful.

But this forum has people dedicated to pissing all over anything of wealth that hits it, since 99.9% of the users here are peasants like the rest of the world.

Sure a few wallets may be here, but 99.9% of the bs on this site is micro btc offers pure crap and nothing any person of WEALTH would read.

FUCK VOD he's the biggest asshole on this Forum IMO, and the forum as a whole is a pretty cool site, but they allow veteran users to bully newbies, this isn't a fucking FRAT but it operates like one.

Dude I can buy YOU and the last 10 Generations of your inbred family TEN TIMES OVER.

GO FUCK YOURSELF

50K a day in ppc income makes it worth a lot

http://idomainappraisals.com/appraisals/bitcoins-com/

Any Bitcoin Lawyers read this section?

We just got a few major Bitcoin Legal Terms

So we're looking to feed a lawfirm that does BTC related legal work, probably IPO stuff and VC stuff and whatever.

We have legal websites for over 50 niches of law already, so we'd like to find a BTC litigation firm to handle the leads.

PM if interest

Oh, we also do Injury, Criminal, Divorce, Estate, Business, Trademark, Domain Names, Incorporation, Immigration, Real Estate Law, Tax Law, Appellate Law, DUI, Murder, Oil Spill, etc.