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I've thought about this myself. When I look at reddit and I see the never ending discussions of devs that cant get their shit together and end up coming up with a solution, I think "I wish Satoshi re-appeared dropping some common sense" but I guess it will never happen. At the end of the day the users will choose what they want by running core, XT or whatever.
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Most people don't spend their Bitcoin because they view it as an investment, and don't want to lose future value. Once this goes live, people will finally be able to spend their Bitcoins on other investments, and can continue to see their value grow without being forced to hold.
I have no intention of giving away my precious BTC for a dime-a-dozen stock. Unless it's a share of Berkshire-Hathaway  Berkshire-Hathaway class A or B?  I wouldnt share a BTC for anything else. What's better than having "shares" of the most important network ever itself? having 1 BTC is like having 1 share of Berkshire-Hathaway Class A in the future, this is clear to anyone with long term vision. |
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Here's Warren Buffet demonstrating once again why he has to be ignored when it comes to anything that has to do with technology: http://www.youtube.com/watch?v=nrSB1sLgWLEWould you trust your grandpa in how to operate your computer? Same shit. Nope, grandpa cant ever go near my computer. He still has a pager actually. Warren did his thing, got lucky and is a smart guy but he's a dinosaur now and on his way out. He's vies on Bitcoin hold no weight with me. Warren got some amazing long term picks, he got so damn rich with Coca Cola alone, but that's about it. What's nonsense is his followers doing every single thing he says, even if he has no idea about technology. |
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What is more significant price wise? Bill Gates buying more BTC for his foundation (a guy from the technology area investing) or Mike Tyson opening his own ATM (a more mainstream celeb investing)?
Bill Gates of course, he moves millions, but don't understimate the power of Mike Tyson. He is not only one of the best ever in the sport of boxing, he is part of American culture and a legend, thanks to this now millions of people will be aware that at least Bitcoin exists, so this is indeed awesome news, a great publicity stunt for Bitcoin. |
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Going all in on Bitcoin is just too risky an investment at this stage in the game. Don't get me wrong, Bitcoin has made great strides over the years, but it's still a young concept. If someone is 100% set on working within the Bitcoin community full time, the safest way to achieve this is as an entrepeneur within the community part time, and quitting your day job if/when you get a successful business model in place.
Im pretty much convinced Bitcoin will turn out a global success at the end and people holding now for 10+ years will get tons of purchasing power, my question is, if you quit now, OP what are you going to do in the meantime? Unfortunately signature campaigns don't pay enough to live off them, they are a small bonus, so whats your B plan? do you have any business or a way to get passive income through Bitcoin somehow? |
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No Bitcoin will not save Greece. Greece needs to leave the EU and Euro, reset and start from scratch. This is the only way out for Greece. No Bitcoin or EU reforms would not and will not help Greece.
Bitcoin would be able to save people's money from Banks influenced by capital controls, this was able to do with Bitcoin but too late for that now as well.
If Greece wanted to leave the Euro they would have voted NO in the parliament last day, but well, even Varoufakis gave up and voted yes. Are they buying time and preparing a plan to leave the euro on the sidelines? I dont know, what I perceive is they are probably clueless and wouldn't know what to do if they saw themselves in a situation where they are forced to leave the Euro. |
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Please fuck off with your bullshit.
He is right, some developers want BTC to become some sort of elitist piece of shit where fees may become more and more expensive to the point it's used only by people buying millions. This would be a catastrophe and those devs seem to not care. |
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But this is not new news? When did EBAY ever allow listings where the seller was willing to take btc as a payment. Im sure they have been taking down those listing for the better part of the last 3 years.
No this is not new news, I had a listing taken down 2 years ago for saying I wouold accept btc. Obviously they know people are looking to use btc, but why would they allow listing to be hosted on their website, only to have people complete tranactions in btc and avoid their listing fees. Similarly if they knew you were going to say send a check and avoid the fees, they wouldnt allow that. Will be interesting to see if they try to put all this effort into actually allowing btc to be used as payment, rather than wasting all this effort banning its use. They could really open up a HUGE potential for btc use as tey are already worldwide and the largest place to sell stuff online. The simple option here is to allow Paypal accounts to be funded with bitcoin, I think they have much to gain with this, probably it's even better for them than current system only allowing credit and debit cards. This is the easiest solution to the problem. If you could fund and withdraw from your PayPal account with Bitcoin. That way buyers can buy with and sellers can receive Bitcoin, but the actual transaction could be backed in case of fraud, as it is now. When it comes down to it, PayPal is their escrow service. But the thing is there isn't need for Paypal anymore.. there is better escrow technology availible these days, but they are still being developed and in experimental phase, but soon it will be decentralized peer to peer escrowing, paypal will be useless in a decade or two compared to BTC. |
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Can't seem to find this anywhere.. it should show up by googling https://fccid.io/ "name of the company you want to search here" It has worked for me in the past, but unless they registered it under a different name that isn't bitmain I dont know. |
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the usual thing will happen i presume, for the first period of life of open bazar only true bitcoin nerd will use it the rest will remain with ebay and amazon
then if open bazar will do well and will not seen only as a new version of silkroad, the masses will start to accept it, which mean more usage of bitcoin
i see it as a good launch pad, for increase the bitcoin value
I think it will take a good 1 to 3 years to see considerable amount of people migrating from inferior platforms such as ebay to stuff such as OpenBazaar. It will need fine-tuning first and as you said it will mostly consist on BTC visionaries using it at first. |
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France's biggest bank BNP Paribas is looking at ways bitcoin could be incorporated into one its currency funds, according to a source at the bank. The source at BNP Paribas told IBTimes UK the bank has been doing "beta testing" involving crypotocurrency, and one of the bank's currency funds in Paris, with a view to making an announcement about that in the near future. A spokeswoman for BNP Paribas said: "We are looking at blockchain technology and how it can be applied to post trade processes to make things faster and potentially cheaper but it's all very much projects and it's all in testing. It's nothing live." BNP Paribas caused some controversy earlier this month when analyst Johann Palychata said bitcoin technology when applied to securities trading could make sections of the industry "redundant". Complete reading the article here : http://www.ibtimes.co.uk/french-bitcoin-revolution-bnp-paribas-plans-add-crypto-its-currency-funds-1512360BNP PARIBAS is one of the most known banks on the world and most used in Europe . and I'am so excited about this personally because they have some of their banks in my country (Algeria) ... and what makes me laugh is that I was looking to open a Bank account since I'am 18 years old now ... like one week ago but I was hestitating between two banks ... now I know which one I will choose  Bitcoin to da moon It's good to see that those morons (both banksters and newspapers) are starting to not avoid the obvious and mention Bitcoin along with blockchain instead of separating Bitcoin from blockchain. |
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because you cant do nothing with bitcoin that you cant already do with fiat currency. this is the real and hard true.
You can make a phone call by going to a website and paying in bitcoins without signing up. You can send money worldwide for less than pennies. You can use your cell phone to pay for things instead of carrying around a phone AND a wallet. You don't have to worry about identity theft with your cards. You can vote anonymously and securely. Why you would want to pay without sign up? You will have to provide your address and your name or you wont receive the package that you are buying... I can now send money worldwide for pennies with my bank. Pay things with cellphone? I already do that for months!!! Apple pay, android nfc, qr codes... I dont worry about identity thefts because i know how to surf the web and i have a service that provides me digital credit cards for single purchases online. 1 new card for each purchase with the exact limit for that purchase. So no worries here too. Vote anonymously? Lol, you already vote anonymously... Votes must be anonymously or they arent votes... Like i said, you cant do nothing that matters with bitcoin that you cant already do with fiat currency. That's why nobody is talking about it anymore. Only here because people here wants to be rich without hard work... Sorry that wont happen. No you cant. You can't send 1 dollar to japan or africa or some place, and you cant send 1 million dollars, both for 0,02853 USD if you use the standard fee. And this is 1% of what Bitcoin can do that we aren't talking about. Bitcoin is superior to all forms of money and will deprecate tons of industries worldwide, and do things we can't even imagine now, just like we couldn't imagine social networks in 1992 internet. https://www.youtube.com/watch?v=TkO9hxVv4lUHere's a good start. Go study, you are clueless and in denial to not take the risk to invest and hold. |
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One of the biggest mistakes I remember is reading about it pre-100 dollars, ignoring it because they always talked about it in a negative connotation back then (i only looked at mainstream media back then, big mistake as well) so I ignored the possibility to get a lot of BTC for only 100 dollars each.
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That's hardly any proof. Plus we don't know the real nationality of the author or who he was anyway. No that any of this matters, what matters is Bitcoin is a transnational currently for the world, stop the nationalist bullshit.
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-snip-
Point being, selling bitcoin for dollars seems counterproductive.
-snip-
 That graphic explains your point well. More so for people that have actually seen the movie. I do see your point. However there is danger in leaving everything in one asset class. BTC could rise rapidly to high levels and then later crash to 0. Total loss could have been avoided by selling some BTC or trading it for another asset class when prices were high. Its not all or nothing. You can sell some of your BTC and keep the rest I agree with the fact one should hold literally forever. The thing is, big bubbles happen and the opportunity to x5 your BTC by selling on a peak is always there.. but who wants to risk it? you not only need to nail it when selling at a peak, you need to nail it when buying back on a correction. |
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Nice capitalist propaganda. Unfortunately, there is no such thing as, nor can there be, a "free market". We are all bound by the limitations of reality and universal natural laws. To pretend otherwise, as we have been doing for centuries, has proven disastrous. The kind of "education" advocated is no education at all, merely the instillation of values detrimental to humanity and the environment. The free for all market mentality only benefits the few psychopaths and control freaks who seek dominance over all else. The system is designed to perpetuate the values of the few at the expense of the lives of the many. Attributing anything to "human nature" is a cop out, as there is no significant human nature to speak of. We must all learn the complex social and other behaviors that will allow us to negotiate our environment. But the fact that for a brief time, we had to be subjugated to the whims of governments and capitalists does not justify continuing this destructive system. It is not natural to destroy our planet so that a few people can make some money. To honestly believe this is a mental illness.
You sound very brainwashed into your communist/anarchist mindset. He is mostly right on his analysis tho, the problem is communism doesn't really work when applied and it all tends to end up where we are at now. Our only hope is that automation delivers goods for most people without needing to work exploitative jobs. |
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im sure market is reacting the last crisis news ,one of the most affected is greece,people start to believe on it as a way to avois big bubbles and problems and i dont believe it can crash to 100 or lower 200 dollars now.
The belief on Greece is a fictitious one. They are forcing syriza to comply with the measurements required by troika to stay inside euro, but this will not last, i predict that by September something will happen, including mass riots and a sudden change in goverment. |
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Considering this is about safety, does the option "paper wallet" consider that paper wallets can be encrypted since BIP38 was released? paper wallets are usually underrated because a lot of people dont know this.
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Like it or not, TV still has a lot of viewers, even tho with time it's getting less and less until the internet fully replaces it (just like BTC will replace regular currencies) but until then TV matters.
At what point it will be a good idea for Bitcoin ads to start appearing on there to get people aware? I just saw a Paypal TV ad that was advertising payments with smartphones and over the internet as the next big thing or something. When will Bitcoin be there to claim its place?
Definitely not anytime soon since we can't even solve the blocksize problem yet, but when do you estimate BTC will be mature and stable enough for it?
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We'll have tons of money inevitably migrating from Gold to BTC in the future. When old gold holders die and the young generation inherits it, if they are dumb as bricks they'll realize it's worth investing some of your gold in BTC. There is so much gold compared to BTC, the space for growth is real.  Log progression. We getting there:  |
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