Tsipras seems a good guy. He seems that loves his people and want the best for him. Especially for the people in need. But this doesn't matter in econmy. If are debts they must be paid. This is a rule that cannot be avoided. Even it will be some of the debt that will be granted there are to much other that must be paid. So he must prepare the Greece to work hard and to be prepared for hard times.
I also think he just wants the best for the Greek citizens and doesn't have any hidden, evil agenda like some conspiracy theory guys like to think. But let's be realistic, he should have know from the start that he wouldn't be able to get away with it. He should have know that if he wants to avoid the austerity measures, he has to man up and take the huge risk of leaving the Eurozone. |
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If Greece exits the eurozone, what actually happens to the existing debt? And will their currency actually have a lot of value? Just seems like a huge mess and I'm thankful I'm nowhere involved with it. I can't imagine what it's like for everyone involved.
Greece will very likely (at least to a significant part) default on the existing debt regardless if the country leaves the Eurozone or not. The debt burden is simply to big to be manageable any more. If Greece exits and introduces its own currency, it will quickly devalue against the Euro and adjust to the real economic capability of the country which is very limited. I would not be surprised at all to see a devaluation of the new Drachma to 1/5 to 1/10 of one Euro. ya.ya.yo! I think they will remain in the Euro as long as they don't have a better alternative plan. Leaving the Euro without a clear route of action can be a total disaster and ruin the lives of tons of Greek citizens. Im sure Syriza is already secretly working on a plan B tho. |
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It took me around 1 entire year after trading, some gambling, some alt mining.. good ol hustling. Take into account tho that back then BTC was 700 per coin so it was harder to get some satoshis. Thank god that now it's cheaper so you can make 1 BTC in less time, good times to be a pioneer.
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Altcointrading it was.  Yeah, it is a risky field of trading and i should have avoided it. Or maybe i should have learned more about it before trying to get rich on there. *lol* I have lost a lot with altcoin trading, but once you get how things work money can be made. You need a lot of luck to try to guess the right pump tho, but with patience the pumps arrive, so pick your favorite up and coming coin when its cheap as hell and wait for a pump. |
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I did a lot of trading on localbitcoins and never had any issues with being robbed at gun point. However, it turned out that some of the people I was trading with were undercover federal confidential informants who video taped and audio taped our transactions. Then homeland security used this flimsy evidence to claim that I was "operating a business without a license". Believe it or not, operating a business without a license is a felony, punishable by up to 5 years in prison and the belief that I might have been doing that was enough to send 35 or so agents to break into my house, search it from top to bottom and take all my Bitcoins. So, there is your real threat. Don't worry about the small time thief, worry about the big time civil asset forfeiture thief. www.jmwagner.com www.burtw.comthis was done in real life right i mean your trading? if it was done online it would be the same thing happened? i can't explain why it happened to you only, there are plenty of traders that trade in real life using bitcoin without any licence, even here on the forum there is plenty of these guy As far as I remember it has happened more times to other people as well. I think there was a recording of a raid of some guy that was trying to exchange some Bitcoins. I think it's safe to say now that not even meeting in person with people through LocalBitcoin is anonymous and safe. I think there's no safe way to cash out Bitcoins anonymously. You either keep all of your stuff in Bitcoin or you get your Bitcoin taxed if you plan to cash out as far as im seeing. |
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There's nothing to see. Also you would have made a thread before "killing" the market so you could prove you can do that. This is probably a troll thread of some sort of inside joke im not getting anyway.
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own 100 dollars today ,100 euros today can be worthing 80 euros as can be worthing 120 dollars,soo there is some conversion rate that makes those currencys worth more or less,100usd/100eur converted in bitcoins can be and became 200 dollars in short time can get value and is very hard to loose a big ammount to those currencys eur,usd or other..with those others currencys it wont happen a double worth or 50% value.
It's funny how people always complain about Bitcoins volatility when we are going down. We've been in a uptrend for the last month or so and people has stopped magically complaining about volatility. At the end of the day you aren't losing money, you just go through periods of up and downs vs the stable price of fiats. |
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Maybe the person already has the bitcoins for a long time and he made a really great profit. Bought them for a double smaller price. So now he wants to try the cake and start something new with the earn money  Well, he's already lossing money. Price when OP created the thread was $235. Right now is 285$ and going up. If he sold back then he did $10.340.000 If he sold now he could have gotten $12.540.000 He has lost $2.200.000 by being an impatient panic seller, and he has lost the opportunity to have 100 million dollars in the future. If he sold ALL of his Bitcoin he's simply an idiot. You always hold Bitcoin no matter what. |
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We can't have a perfect distribution. I guess the closest to being good is bitcoin distribution. But if are talking about altcoins created some years after that
I see huge disproportions and backscene shady movement all the time. Distribution of a coin is not a feature it is a upshot of coin being good or bad.
Do you have any proof that "we can't" ? It's convenient statement for early adopters, but is it true statement ? I doubt. Prove it. People give failing examples of distribution all the time (BTC, NEM, NXT, BTSX, AUR), but each one of them did not do the right thing, so those examples don't prove anything. There are millions of ways to fail, but we need one to succeed. As for bitcoin distribution, even if it's currently the best (which I doubt), it's still not good enough and, unlike NXT, it cannot even get better due to weak algo. From my perspective bitcoin is dead and those merchants who bet on it investing into software that accepts bitcoin payments are fools. BTC rate may still fly for some time, but I would never keep my capital in it or do any development for it. I use it solely for quick conversion from fiat to NXT and ICOs. Yes I have proof: Human nature. We aren't the same, some people is more skilled than other, smarter, clever, stronger, whatever, and profit from it. The early adopters in Bitcoin where smarter, more aware, visionaries that took the risk of getting involved into something worthless at the time. It is natural that they are compensated with more coins, simple as that. |
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It goes without saying, but don't search in Google, and use duckduckgo instead.
Yep, disconnect.me is also good, it seems Tor is using this one by default now. It used to use Startpage. Your concern is understable OP. We may never know in the future if the governments will do extensive search for BTC usage. Im not that paranoid tho, but I see your point, so probably Tor is worth a try. |
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I was wondering... with a lot of projects being developed to implement the best solution to the BTC scalability problem, What do you think could be the best solution for this widely known issue?
In my opinion and after reading countless hours of discussions of devs arguing with each other is... we don't really know. But what seems more logical to me personally is the Gavin approach, aka, keep incrementing the size in increments of 8mb across the next 40 years or so. Technological advancement should cater for the space. Also, add in LN as well. We need both sides. Other than Gavin's approach i believe we should consider Sidechains as a possible turnaround. I heard about the Blockcypher proposal and the Bitcoin Lightning Network proposal as well, wich presents off chains solutions to the scalability issue. I think this is also something to be considered! This is the roadmap for a blocksize increase schedule over the course of the following decades:  I honestly don't see the problem. As time passes, HD storage will get cheaper, it shouldn't be a problem. Lightning Network is a must as well, there is space for both methods to be used in harmony. We must take over the world and we must retain low fees, anything else is not trying hard enough. even so... I don't think that increasing the Blocksize could be the best answer. Even if Storage space becomes cheaper, having 1 gb blocksize by the year 2032 seems simply unfeasible... Why not? thats 10+ years from now. Do you know how much things change over time?  It will be as annoying as having a 40GB blockchain right now, thats all. I don't see the big fuzz about it. By 2025 the average computer will come with a HDD big enough to handle it IMO. |
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Hopefully Maidsafe is a big success and the internet is no longer censorable and you can freely access information, until then it seems you will have to use Tor, it's free as opposed to VPN. Just don't reveal any personal information when using it. With Bitcoin Core I think it has in-built Tor support, not sure because I've never used it. It may be really slow to download the blockchain through Tor tho.
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My mistake is getting into bitcoins in the first place.
Over the past couple of years I've invested and built a small mining farm. Overall I made some profit, just a few hundred dollars.
But to think about all the time and effort I spent doing all of that just for a few hundred dollars... It's almost a waste of time!
If you feel that your mistake was getting into bitcoins in the first place, then why are you still here ? I think that you shouldn't look at it only profit wise. Sure, you made a financial error, but that doesn't mean your next move is going to be bad one as well. I suggest you re-asses your moves, and don't give up on bitcoin as a whole, judging by a single error you made. cheers Bitcoin isn't here to make you rich, it'shere to make you more independant from fraudelent governments and organizations as banks.... Well, people is free to interpret and use Bitcoin anyway they like. If they want to get rich out of it it's as legit as being concerned about the scam of the fiat currencies and wanting to change things. Im both. I want to get rich off Bitcoin because I deserve it by being a pioneer and getting involved before a lot of other people, and I want to eventually not even need to convert my BTC into fiat because it will be accepted worldwide. |
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One of the main selling points of BTC is the fact it simulates the gold supply both in extraction and scarcity without the actual inconveniences of physical gold. Maybe you could fool gold guys into it but I guess they would rather stick with plain gold.
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Maybe what we need is a game where there's a trading platform which allows you to buy some special game items which can be bought using only bitcoin. But we haven't seen that happening just yet. If there is, it will be the first thing that will attract and get their attention towards bitcoin and they will brag on how cool to have it.
It would be great if Steam decide to accept Bitcoin as a payment method. I didn't pay for anything on Steam for like 1 month and my last purchase was GTA V, so it can be already there, but I highly doubt it. Or League of Legends with Bitcoin, buying skins and champions with BTC would be definitely good. Same for other great games, they probably don't even know that something like Bitcoin exist so we have to say it to them, but I don't know. I guess Gave is simply dumb. He is missing on a huge market by not accepting BTC on steam. I mean how many kids are stuck without being able to buy what they want because they have to depend on adults to make them credit cards to buy for stuff? they cant even have bank accounts. Kids nowadays can make money off the internet. Bitcoin will be huge when all those kids in youtube get paid with Bitcoin and can spend it on videogames without any 3rd parties agreeing with or not. |
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Since we can't know with exactitude what amount of addresses belong to who and who is actively using BTC or it's a lot of transactions coming from the same source, the best way is simply looking at the Google trends search graph I guess.
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you mean after the block limit will be bigger? any eta when they will do it or thats still just in plans? i cant wait till the reforms of bitcoin and whole blockchain
I think some people worry that we can not increase blocksize, therefore bitcoin will be at the fringe forever. Not the defined size, but when we actually have a large block, successful in that others build on it. I think the first bigblock will be just slightly above the current max, then we will have sub 1 MB blocks for a day or two. I thought we had a plan for transactions to withstand higher blocksize tx since we cant increase. Like the whole 20 mb to end clogged tx. Also based on this technical factor isnt going to increase just due to the just based on the first big block.. unless people panic. We can increase the blocksize, the problem is some people don't want to. If we reached a solid consensus we would have 8mb of blocksize already instead of endlessly arguing about it on Reddit. But I guess is better to do things right than fast, but lets not forget this is a ticking clock. |
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Hahaha user's problem, they got panic if they saw that bitcoin price is going down. But we all know that bitcoin price is temporary and its stability change anytime. Just have a long patience when the price of bitcoin goes up again.
And what do you think about bitcoin price that have reached $1,000 but went down and never go up to that price again? There were people who lost much because of that, and blamed their friends who recommended bitcoin for them as an investment. We need aware to little change in bitcoin price, dont need to panic, just aware it. We all know that everything has a risk, so if you used something you must know the responsibilities. Yes you are correct they should aware about that, but why you used bitcoin or try it if you don't even know what it can do with your money? I think your friend should told you about that. Investment is a way to get profit which we should reduce any risks or anything to get profit as much as we can. Seems you havent got into bitcoin in 2014 when its price was $600 and went down next months until $300 now. Hodling bitcoin is a risk, then I only can say good luck to you, hope you will get much profit. Of course is a risk, Antonopoulous always says so himself, BTC is very high risk investment, but as should you know, if you play in the high risk leave, you play in the high rewards league (assuming big losses league are included, but things look good). |
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The increase among all cryptocurrencies I believe came after the media boosted the "Greece crisis" to an extent where people feared their fiat currency was not safe. Not trying to undermine the problems of Greece, but it was overwhelmed to a degree. Bitcoin shot up quite nicely along with a few other altcoins.
Whales use fear and confusion all the time to their advantage. The only thing we can do is ride the waves. I should have bought LTC when I saw the Greece thing happening, it was clear they would pump it. Im sure for the next crisis LTC will go up too as well as BTC and some other random more risky to invest at alts. |
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Politicians using taxes to take wealth from poor to rich, only bitcoin can change that. What do you think?
Somewhat true in most cases, because sadly the taxes are in a ton of times used by politicians for their personal use, usually involving fraud, cocaine and expensive prostitution. Can Bitcoin save us from taxes? I don't think so tho, as long as governments exist, they will want to regulate everything, including BTC. You can't live off BTC alone. If you buy a property the state will know you bought it because it's on several records. |
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