I like ZH, it's like Infowars but without all the super insane rants of Alex Jones, which are good within itself for comedic value but detracts from the information which sometimes is good.
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Bitcoin is NOT VOLATILE. Actually not much more than fiats these days, ask a Russian or an Iranian or some South American countries how stable their currency is. http://www.bloomberg.com/quote/DXY:CURYeah, but the standard of stability is USD and EUR. Unfortunately I doubt BTC will ever be as stable, since it's not regulated. We don't need a super stable BTC price anyway, BTC is like gold.
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There are lots of discussion about of the relationship between blockchain and bitcoin. Most of bitcoiner believe we can't split blockchain and bitcoin, without bitcoin, blockchain will no safe and it will useless. It's the bitcoin secure the blockchain. if this point is right. then i got a question, compare pow blockchain, i think pos blockchain may be more secure than pow blockchain. such as NXT blockchain VS bitcoin blockchain. And why we can sure bitcoin's blockchain is the most value-full? I mean we need find a security blockchain, bitcoin's blockchain may not be the best choice.
Bitcoin was the beginning of an experiment that has caught fire and spread wildly. There are now hundreds of stable blockchains. Once 51% defense systems (like the one we invented) become commonplace, and cheap hashrate becomes plentiful, the price and energy required to keep a blockchain secure will become negligible. All blockchains are extremely weak compared to Bitcoin's. Bitcoin's blockchain has an army of the equivalent of 77000 units of the faster supercomputer in the world, in other words is secured by the strongest network on the planet. That's why NASDAQ and the rest of big infrastructures will work with the Bitcoin blockchain and will not waste resources trying to make their own blockchain, or use an altcoin which means several orders of magnitude less secure.
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This is a double edged sword. It shows how much BTC has improved since then when it was pretty much worthless, but it also makes people pissed off at not having invested back then when 10.000 BTC was worth pennies.
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It's obviously both and I don't see why it has to be one or the other. The currency is bitcoin and the payment system is the blockchain. It will never be a currency, it is barely a payment system it is what it is a black hole for fiat.
Care to explain how it's not a currency (it is) and how it is 'barely' a payment system (works perfect as a payment system to me). Soon BTC will become currency.New financial system will be based on digital currencies. BTC will have same role as $ now. Block chain will be processor of all payments in future. BTC will always be based currency to set the value of other crypto currencies. Indeed, everyone will be using the blockchain (the BITCOIN blockchain, not some third party one) to process their stuff on the side. But for this, we need to solve bloat problems, like the block size thing and so on. If VISA ever wants to join, how will they do it to process their amount of transactions, when BTC only can do 7 per second as we speak? Its pretty much confirmed now that the blocksize limit will be updated to 20 in 0.11 at this point, everyone knows that if we want to reach mainstream status the current blocksize limit of 1MB is tiny.
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I've noticed a trend of economists that went from hating BTC, to being neutral, to being supportive and presenting themselves as Bitcoin experts and charging for BTC courses. How ironic.
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Obviously it will. We have VC money and big infrastructures like NASDAQ showing interest on a daily. After 2020 when the mining starts lowering a lot, the price will be so high that we can't imagine it right now because we would feel as stupid as saying BTC would reach 10 dollars back in early 2009. Thats how the human brain works.
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Why is it so hard to understand that, without bitcoin there is no fucking blockchain? Because that statement is technically incorrect. Without a valued bitcoin there is no blockchain security. Which yes, for all intents and purposes also means there is no blockchain, but if you're going to correct people you should do so correctly. Sorry to be that guy. Lol, there is not only no blockchain, there is no useable blockchain at all (beside the lack of security). Transactions are processed thanks to miners, which get us to the conclusion that without BTC there is no miners, without miners there is no blockchain.
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gift from a friend.
Nice to have generous friends. I have been earning coins on shares of BITCOIN FIXED RETURN FUND over at The Rock Trading site. You can get a share for 0.89 BTC and it gets you dividends to the tune of 10 mBTC / month. Hold that for a year and you will have .12 BTC If you can save enough to get 10 shares you will then rack up 1.2 BTC, that beats the paltry earnings you could get at the bank these days. 1.2 BTC a year for the risk of having your BTC outside your wallet all the time? No thanks.. unless there is someone willing to give me an higher return for passive income while I risk my BTC, im not moving them from cold storage.
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hi guys, please share your opinion on what are the things that the crypto world needs for it to be successful and well known
We need big whales such as NASDAQ getting interested and implementing the technology (which in return benefit Bitcoin). This will create a surge of the price eventually, which will put BTC on mainstream news again, only this time the services will be better and more developed. It will still take time.
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I still can't see how the rising numbers of threads like these are useful for discussing around... As many said before, Satoshi wants to remain anonymous for a reason. Let's just leave him in the shadows. Besides, EhVedadooAnonimato doesn't even seem to be Satoshi, at least for me. Back in the days, not only Satoshi was knowledgeable about Bitcoin...
I get the point that "This is Satoshi" threads are quite annoying, but if you look at some of the posts of EhVedadoOAnonimato, you might even think that the user is in fact Satoshi. If you look into the user's post history, some of the posts are very striking and remarkable and sometimes, remind me of how Satoshi writes his replies. Idk if this is just a feat of the user to resemble Satoshi's style of writing or this is the same man behind Satoshi. Whatever the case is, let it be. Satoshi doesn't want to be bothered in the first place, that's why he tried so hard to keep his anonymity. But why would Satoshi want to have an alt account' I've been looking at the post history, and he never said anything special that would require an alternative account.
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i see a lot of users suggested that you buy a high level account and start with a signature campaign. while this is a good idea, you can not earn $500 a week with signature campaigns. look at the rates here for yourself: https://bitcointalk.org/index.php?topic=615953.0$500 a week is nearly 2 BTC !! I think you could, if you went to one without maximum post limited and posted literally shitloads daily. You would end up either insane from too much posting or banned since you would flood every board.
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PoW, with all it's unconveniences, is still the strongest one. If you had to store your entire wealth in only one coin, I don't even need to ask because you would use Bitcoin and not NXT or whatever. Why? because Bitcoin is behind the strongest computing network on the planet. Thats why NASDAQ and friends will be using the Bitcoin blockchain when they mean "blockchain technology".
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This is just another pretend proof history to search newpapers with juicy headlines, just like they did with Dorian Nakamoto, that poor man. Thankfully, any press is good press, so let them do their thing.
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Shorting anything BTC related is a waste of time and a big gamble because it's too new and revolutionary. Only long term plans should be applied to BTC. Shorting is too risky, you never know what is a peak and what is a floor.
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is bitcoin open way forward money launderer to get safe money,i asked that because its appear that bitcoins is verry hard to control or track
As already said, it's not that hard to track. There're other coins that declare being untraceable, but as far as I know, any bitcoin-based coin is easy to track. It's considered that cryptonote coins' transactions, though, are really imppossible to track But to access cryptonote coins (namely Monero) you still need Bitcoin, and the Bitcoin transaction where you bought Monero with would still show up, so whats the point. Unless the Monero coins you have were mined, their origin will most likely be trade for BTC in some exchange.
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If very underground decentralized systems like freenet still have lost of nodes running, one has to be insane to think Bitcoin will dissapear. It only shows how systems like Bitcoin and Maidsafe are the next giants.
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The fact that there is nothing physical backing bitcoin is actually advantageous , because there is nothing physical to confiscate. Bitcoin's are stored on a globally distributed ledger , so capital controls are impossible , they cannot be found by searches or metal detectors , they cannot be forged and they come into existence at a mathematically defined rate and they do not exist as debt.
This technology is nothing short of revolutionary.
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Blockchain bloat is really a trivial issue, here. You can set up an altcoin with a separate blockchain specifically for these in-game transactions, and people can conveniently convert to Bitcoin at any time. Use Factom to embed the account balances in the Bitcoin blockchain without significantly increasing its size. Everybody wins. In-game purchases are also trivially easy to set up; EverdreamSoft, the company behind Moonga (the first game to be reviewed in the Gaming on the Blockchain series), will do that with BitCrystals in an upcoming game. I'll explain the details in that game's review But the idea is to make Bitcoin price grow, so everything should run under Bitcoin and no some third party shitcoin. Bitcoin needs to solve its issues with blockchain bloat.
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