It'll have be a digital currency pegged to a state currency. I can't see how they'd get acceptable levels of volatility otherwise.
That's supposed to help poor people? Give them money that is guaranteed to be worth less and less every year? That is why everyone spends, saves nothing, and takes on massive amounts of debt - because the money is constantly losing value. State currency is a hot potato, it's smart to get rid of it as fast as you can and leave someone else holding it. It's always better to pay later, because the money will always be cheaper later.
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Bill Gates has mentioned Ripple before, and he's full of shit.
Poor people can benefit from Bitcoin just as much as anyone.
As for reversible transactions, that is what gives other people power to control our money. If you give a bank, or Paypal, or anyone else the ability to reverse transactions, then they become a court that decides who is right and who is wrong in a dispute between private parties.
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Merchants accept Bitcoin because credit cards charge them 3%, while they can accept bitcoin for 0% to 1%. Bitcoin saves them money.
Merchants will be able to offer a discount to customers who pay with bitcoin, and therefore customers will want to pay with bitcoin because it will save them money.
There is much more to know, but that is already enough reason to spend and accept bitcoin.
The reason to hold bitcoin and not spend - it MUST become more valuable as more people use it. There are only 14 million bitcoins right now. If the price was $1, it would take every bitcoin to make a purchase of $14,000,000. But there are so many people dividing the bitcoins between them, it demands a higher price. Instead of sending 1BTC for a small purchase, you send .01BTC. Next year more people will be using the limited amount of coins, and maybe you will only need to send .001 for the same purchase. So if you buy now and keep it until next year, maybe your bitcoins will be worth 10 times as much. Maybe not, there is risk as with anything.
It is not certain that bitcoin will attract millions of new users - but if there are millions of new users, then it is certain that the price will increase.
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The only reason the price of BTC isn't higher is because so many of us have already put all of our extra money into BTC. There is a huge demand among the few early adopters, and most of us would buy another 5btc right now if we had the money. But we already bought those 5btc last year. We're buying more as we are able - but so are the growing numbers of new adopters. Since there are relatively few of us right now, that means it will only take a few more people to double our numbers and therefore double the demand for btc.
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Lyrabar is probably one of the best bars and/or coins that you've ever seen IN YOUR LIFE.
More info at lyrabar.us
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I had a small balance at ispace, I think it was less than .01 iocoin. Anyway now it's gone with no trace, I'm not showing a balance and I never even added a withdrawal address. Maybe it was a mistake, or maybe they changed their minds.
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it'll go back up again buddy
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bitcoin was my one and only way of becoming a millionaire in life and it was right under my nose.
Right now there is another way, and 4 years from now you'll wish you had been doing that instead of moaning on a message board. If Bitcoin continues to grow, it could be comparable to Visa. But then there's still room for Mastercard, American Express, and Discover. If you want a million dollars for a $100 investment, look at which altcoins have that potential. Me, I'm working both angles - if I buy 1 BTC and it gets to be worth $10,000, I still won't be able to retire early. But if I buy a bunch of altcoins and let them grow into 20 BTC, and then those 20 BTC are worth $10,000 each, then it's a good start. Besides, have you even thought about what you would do with a million dollars? I mean, would it really make you happy? Or would you be online 4 years later, saying "I wasted my time chasing bitcoin and a million dollars, and I missed the chance to get married and be happy."
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We can demand accountability from the services we use, or we can wait for the government to declare that it's all corrupt and needs to be tightly controlled
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Lool, Hey dev how many coin you made?
Yes, Crestington is one of the most experienced developers working in cryptocurrency today. He doesn't like to brag, but I'm proud to own some PayCon knowing that we have top-level industry talent behind our coin.
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It's never been easier to send so many kilograms
Welcome runpaint! How did you get into UNO? Not if you know how to send it. Nobody's ever been arrested for sending Unobtanium. But the government will probably get around to that eventually.
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Welcome runpaint! How did you get into UNO?
folding@home-> curecoin-> bitcoin-> exchanges-> bitcointalk, and a lot of research into which few coins are worth the investment. Billions of coins? No thanks. 1000% stake rewards? Lol. Scarce supply? Yes please.
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The update and upcoming POS phase have spurred investors and market insiders to drive up the price over 100% in the past 2 days. And that's just the calm before the staking storm.
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It's never been easier to send so many kilograms
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What is that supposed to mean? I have to stop posting or something?
All I did was post a summary of GAW's history, most of which I learned on this forum, and I said to correct me if I'm wrong. You responded with personal attacks and bullshit instead of providing any facts to dispute what I wrote. So what line did I cross that you didn't cross first?
Well, I admit I haven't crossed the line of ignoring reality and making stuff up. Therefore, in the interest of fairness, I will follow your example and call it "half a dozen people lying for no reason", if 4 major altcoins ever boycott me.
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Stargazer, I've read more than one source saying people who were waiting on pre-ordered hardware from GAW ended up getting cloud hashlets instead.
If that's the case, it fits the ponzi model of business. Take orders, use some of that money to buy and ship hardware, take more orders, don't ship the hardware.
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this is, EVEN AS A PONZI SCHEME, way better than 99.99% of other coins out there possibly including BTC itself
Barrabas, in the Bible, was a criminal who was released instead of Jesus, because of shills stirring up the mob. So in your religion, Josh Garza is Jesus, falsely accused just because he was better than everyone. Or maybe you're the shill trying to sway the mob. "Only about half a dozen" bitcointalk threads show up on a google search for barrabas shill, and they're talking about you.
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You're plainly saying that a ponzi scheme could possibly be better than Bitcoin.
Since you love scams so much, you probably deserve to lose your money. But there might be some people who don't know any better, and you're helping to scam them when you promote this scam. You're willing to encourage others to give their money to a scam, and you're not even benefitting. So you've crossed the line from being a typical con victim whose own greed is used against him, and now you're a cult member.
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Sorry but no, only about half a dozen people, all of them self-confessed not investors in GAW, either on the hardware, hashlets or Paycoin sides, post here unsubstantiated theories... when not outright falsehoods, like the pretended SEC investigation "reported by a news site".
So the "news site" is one of the "half a dozen people" you're talking about? Since you admit that multiple websites are accusing GAW of being a scam, are you saying that the "half a dozen people" all have their own websites? Or are you just full of shit? Add in Coindesk, Cointelegraph, Altcointoday, Bitcointradingroom, Shapeshift.io, Dogecoin devs, Blackcoin devs, Neoscoin devs, and the Litecoin Developers, and I think "even a preschooler" can tell that your half a dozen people is a bullshit number.
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