I've never meet a bitcoin user irl that was mentally ill Then again i've never meet a bitcoin user gnomes1293.
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Me once a day, more than that and its unhealthy my friends.
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Please, not again. There's another topic on that stupid Juniper report. Those guys are only making hypothesis, and the future of BTC is very hard to predict, just like the price of oil. It's always going up or down without warning.
Cant blame em. These guys get paid by making reports trying to predict the future.
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I can confirm that the 0.10 update consumes less resources and it's less bloaty on the system.
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If you invest find something like a business worth investing in rather than straight gambling with the volatility of the price IMO.
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OK, Please don't blast me for my ignorance. I have just come to learn about bitcoin and I am a bit confused. I have read the various websites explaining this and I see the advantages however, I am still confused on one point. Someone wants to pay me using bitcoin let's say $1000 USD in bitcoins. How do I convert those bitcoins into actual currency I can use to pay my house payment or buy groceries at the store? Thank you for explaining this to me.
It depends where you are from. If you are from US use coinbase. You can also use ATMs or find a "bitcoin street" where merchants accept bitcoin directly.
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I'll pass. Cant afford being a spender until i have at least 1 btc saved.
I see most people thinking like this. Can't blame them. It would be like spending gold on Kmart.
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Is there an actual way to buy non NSA infected hardware or its a pipedream?
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Tons are lost. 7K lost today in the BTER incident alone... plus all the early adopters that lost their wallets with thousands of coins.
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What's so bad about having orgies if no one is forced? rich guy enjoying the money.
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Gold and all other currencies are objectively shitty and deprectaed when compared to Bitcoin.
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In this forum we have the trust system which should be safe enough to let us know who is or isn't scamming.
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Bill Gates mining hard before the halving.
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It's in italian tho. Also where the hell is Maidsafe
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Regarding the recent discussions about the new fork, I see that some of the arguments refer to Bitcoin being like gold, and like gold, it should not be used for small transactions.
Now, I wonder... why do people insist that Bitcoin should work exactly like gold? What's so fantastic about the yellow metal that they want to replicate?
Bitcoin was not planned to be “like gold”. It was planned as a digital currency that enables payments and money transfer all around the globe, and the proposal never planned a restriction on the value of the transfers.
I understand the similarities between Bitcoin and gold (such as fungibility, durability, and others), but trying to limit its development just because it will be less like gold seems silly and unfounded.
Most people including myself feel a bit pointless when imagining paying for a cofee with BTC, when BTC has the potential to double or triple or god knows how much times gain in value. It does indeed feel like its too valuable for such micro transactions, like paying cofee with gold. Maybe if I was rich I wouldnt care but if you have like 1.1 BTC you treat it like an once of gold at least myself psychologically its how it feels.
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As written in the article:
"Satoshi claimed to reside in Japan, although searches and inquiries into his true identity turn up few results. Facts that were uncovered seem to be contradictory and purposefully led followers on a false trail. In his early days working on the project, Satoshi was known for a business-like demeanor and very seldom revealed details about himself, instead dedicating himself feverishly to the bitcoin project."
For me this is enough, but a lot of people are curious.
It is. People is obsessed with egos and attaching faces to projects. Since open source was invented we don't need all this ego shit. It only leads to fights and having "a leader" is the worst thing that can happen specially to a currency.
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He will get out sometime after the very last Satoshi is mined. He'll be filthy rich by then, and so will all of us
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OP unless you have a ton of whale friends we can plan nothing.
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The best part of this is seeing ChangeTip bot in Youtube and people giving bitcoin each other. It always spawns so many comments like "wow wtf is that"? and people get interested. If you have enough bitcoins to give for free please give people in youtube some satoshis.
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In short, Bill Gates says "Bitcoin isn't quite ready for primetime", which in all honesty, is for the most part true.
There's still alot of development, investment, integration, and implementation to where we can finally use Bitcoin in the sense that Bill would use in this interviews example, in impoverished nations where the unbanked would transact in BTC via mobile phones.
Check this out: http://insidebitcoins.com/news/bill-gates-3-criticisms-of-bitcoin/29139Basically he wants to change 3 fundamental points of what makes Bitcoin Bitcoin to support it...
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