I think it's high time that btc-e dropped all those nonsense dinosaur coins and replace them with XMR. It just makes sense.
The longer they take to add Monero while keeping these shitcoin, worse are their perceived image overall IMO, Cryptsy e.g. has 0 trust from me now. Lol, so self-centered. Unfortunately the world doesn't care what you think, dude. Most people don't know about monero. Most bitcoiners. Not adding monero isn't going to do anything to their image, at least not yet. This overly delusional optimism is really harming monero's image just like delusional bitcoiners harm bitcoin's image. You guys need to be realistic while being optimistic. Sure, maybe monero has promise. But as of now, it's really not that significant yet.
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I think the thing isn't so simple. There's no way OKcoin will act the way they are if they thought they were 100% wrong, and there's no way roger ver would act this way if he thought he was wrong. There could be some sort of a misunderstanding or something deeper behind all this. In all likelihood, it's probably a 50/50, some right and some wrong on both sides.
As they say, any publicity is good publicity. But maybe bitcoin already has enough bad publicity. Maybe some people will claim that roger ver "owns" bitcoin now, since he has the domain.
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Do you think or do you think he deserves? Since the first question doesn't really make sense here; that would be a question to law school students, not bitcoin enthusiasts. How would we know without a good knowledge of law?
So I'm going to answer the second;
Honestly I think 20 years is enough for this type of a crime. However, to discourage future criminals, I think a higher sentence is okay too.
He shouldn't spend a second in jail... The law is so criminal when looking at the constitution... it is sickening. I don't care about american laws or the american constitution. All I know is he enabled networks of drug and perhaps other harmful substances for trade around the world, that possibly harmed many families in the process. He definitely deserves to be punished. Just because there are people or governments that have committed worse crimes than he has is not a reason to let him go unpunished. Two wrongs don't make a right, as they say.
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That is against the law, they should go to jail, with drugs, they can switch from being non-violent to violent in a seccond
What Ross did was also against the law. See? By your logic, he is completely guilty.
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Ok so bitcoin was used in all the transactions, should they track and throw Mr. Satoshi in Jail? Some motels across the United States are used as hubs for underaged prostitution, should these motel owners go to jail? The real problem here is that they should go for the actual people that caused 6 confirmed overdose deaths, not Mr. Ulbricht
Dude, think before you speak. Do you really not see the difference between Ross Ulbricht and Satoshi Nakamoto? If the motel owners are willingly and knowingly facilitating underaged prostitution at his property, YES, he should go to jail.
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He did nothing wrong, he made a website and allowed people to buy and sell items, it just turned out that most of these things were illegal, do you think that if he took silk road down that would put a dent in drug trafficking? there are tens of sites out there like silk road, if the real law breakers weren't on silkroad, they would be somewhere else, doing the same thing
Sigh. I already pointed out your logical fallacy in my other post. Do you think that if you put a single murder in jail, that would put a dent in homicides around the world? There are tens of murders in the world. If you caught one, the rest would be somewhere else, murdering people. So let's not catch any of them. Right? Man, think before you form an opinion.
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He did nothing wrong, he never handled drugs directly, he just acted as a medium for the crime to happen,
That IS wrong.... it's like saying you never killed anyone, you just hired a murder to kill that person. You did nothing wrong. Also, just because some criminals aren't caught, doesn't mean that no criminals should be caught. That's a logical fallcy.
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You're dreaming. 6% with very little risk is quite decent even for inflationary fiat currencies. The actual gains are still much smaller.
You want 6% gains for a deflationary currency that's quite new, does not yet have enough regulations and protections and you want very little risk? Not going to happen.
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Do you think or do you think he deserves? Since the first question doesn't really make sense here; that would be a question to law school students, not bitcoin enthusiasts. How would we know without a good knowledge of law?
So I'm going to answer the second;
Honestly I think 20 years is enough for this type of a crime. However, to discourage future criminals, I think a higher sentence is okay too.
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Through brawker.com this was already possible. Unfortunately they are no longer around but it does create a vacuum that needs to be filled.
I could see this being done using OpenBazaar and maybe a browser plugin.
However, if they closed down, it shows that it probably isn't feasible as a business yet.
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Would halving and price increase after halving encourge more people to adopt bitcoin into their lives ?
Would the price go down after halving ? Is it possible ?
1. Probably not. Most people don't know anything about bitcoin, and certainly nothing about the halving. So why would that affect them? If anything, maybe people will be turned off by an increase in price, thinking it's too expensive now. There may be some new entrants looking to speculate and get rich quick. But they're not adopting bitcoin into their lives, only speculating for profit. 2. Of course it's possible. If the demand falls by a lot, the price will fall. halving isn't the only factor in determining the price, in fact, I think it's probably a very small one.
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Why reality is disregarded here ?
Because some countries are tiny and don't have a pot to piss in. That's made up for by the giant ones with economies that could dwarf the puny ones thousands of times over. I'm constantly amazed at the disconnect certain people have with figures relating to 'real world' turnovers in the finance arena. Forex turns over more than $5 trillion every single day. $82 million a day is not to be sniffed at. It's still chump change, even more so when you consider that there would be potential demand in every single country in the world if Bitcoin actually grew properly. Most people can't even do math with small numbers, and completely fail to understand or comprehend large numbers. There was a book that was made into a movie about evolution, where a homo sapien girl was abandoned or something, and got adopted into a neanderthal tribe. The smartest one in the tribe, the chief, could only count up to 5, because that's the number of fingers he has on his hand. The girl was able to count up to 10, which really amazed the chief. Now obviously there's a lot of fiction in that story, but I think the point can be applied here. Most people are too dumb to comprehend large numbers. You give the example of $5 trillion vs 82 million, but I doubt these people would understand the difference in magnitude of those numbers. In their mind, its "big number" vs "another big number".
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For everyone who thinks this is bitcoin's (next) killer app, can you summarize all the benefits and why it can potentially go viral and mainstream?
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So going based on alll these categories that bitcoin is, or will be used in.
Out of those listed, anyone has the metrics on any of those catgories that we are in 1% lol. Cause thats alot of areas to fulfill and I feel like its not even hitting 1% of any of them since its such a infant stage.
Uh obviously? That's why we're not at 23k per coin...
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i was looking at coinmarketcap to see if polo volume moved elsewhere... and I saw XMR/USDT...
Is that just USD (i.e polo added "real" money) or is it something else?
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You really are an uneducated Chinese sockpuppet aren't you? I have a very nice day job, and crypto is my hobby and passion. Mark my words: Unless a better technology than Monero's implementation of cryptonote comes out, I will continue to rep Monero and bitcoin (and none others). I will continue to acquire at the tops and bottoms. Monero dropping or rising in the short term does not matter. This is the long game.
Come on man, you're better than that, AP. Don't be racist.
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At this point, it's stupid for people who don't understand bitcoin (to a certain extent) to invest in it. Sure, perhaps in the future better infrastructure will dumb it down so that everyone can use it. But as an individual, you need to know about all the benefits and risks involved if you're going to get involved... to blindly do it is silly.
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I think fred's insight is particularly valuable as he is an intelligent and well educated person who isn't motivated by political ideologies and isn't a "geek". So he looks at this from the most neutral and realistic point of view.
Gavin also seems to understand the problems of the current bitcoin. It's weird how so many people on this forum doesn't understand such simple truths.
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It's over. I thought it was quite interesting.
I think you can still watch it though. It's music for the first minute or two until the people arrive.
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goes to show "legendary" member means nothing.
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