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601  Economy / Services / Re: ★☆★ Bitin.io » Instant Cryptocoin Exchange! » Accountless » Sig/Pm Campaign ★☆★ on: April 28, 2015, 11:35:38 PM
Name:   futureofbitcoin
Posts:   16
Activity:   14
Position:   Newbie
Address: 1D5JBVEWrAaeWL87pwzdtTmCt3BHSuwqm9

I would like to join both signature and pm campaigns, thanks.
jr. member now,

posts: 228
activity: 42

Member
Posts: 388
Activity: 70
602  Bitcoin / Bitcoin Discussion / Re: If you were to recreate Bitcoin to be better and more secure. How would you? on: April 28, 2015, 11:32:06 PM
better and more secure? I would make it so that every transaction has to go through my permission. That way bad actors can't possibly do anything, not even a 51% attack Cheesy
603  Economy / Speculation / Re: Stay away from bitcoin ! on: April 28, 2015, 09:25:12 PM
omg OP is so right!

You know, I'm a really nice guy. I'll take all those evil bitcoins off of your hands, free of charge! I will spare you of the horrific consequences of holding bitcoins.
604  Economy / Speculation / Re: 100 bitcoins. Will I be a millionaire by 2020? on: April 28, 2015, 06:46:36 PM
I would be more confident of myself if I were you guys, and not leave all my hopes and dreams to luck/fate. Even if I know I don't currently have the knowledge or ability to create something like bitcoin, that doesn't mean I should just sit still and do nothing.

If you truly want to be "successful" financially, if you want fianancial freedom, you should work towards it even if there's only a 0.0001% chance of increase your odds.

If every single bitcoiner just sat there hoping for bitcoin to go to the moon, it'll die for sure. We need people to promote bitcoin, people to make bitcoin more accessible, people who explains what bitcoin is, people who can help make the technology more intuitive to use, and many, many more things that will increase bitcoin's chances of going mainstream. We can all do our own part, if only to introduce bitcoin as a serious topic to friends and family. Because you're not just helping bitcoin, you're helping your own chances at becoming wealthy.
605  Bitcoin / Bitcoin Discussion / Re: i found satoshi nakamoto on: April 28, 2015, 03:21:27 PM
I am talking about the key Satoshi supposedly passed on to Gavin after his meeting with the feds. The key that basically controls the Bitcoin protocol.
Sounds like some rumor mill bullshit to me.

Whatever man.

I heard Satoshi originally wanted to pass the key on to Hal Finney but because of his unfortunate condition Satoshi decided to give it to Gavin instead.

That's the key you were talking about, right, S4VV4S?
606  Bitcoin / Bitcoin Discussion / Re: i found satoshi nakamoto on: April 28, 2015, 02:52:29 PM
no real proof Gavin Andresen is Satoshi Nakamoto and maybe he"s one of user in here and watching this thread...

Satoshi is trying to collect the 9 central banker beasts to bring about an infinite tsukuyomi where Satoshi controls all of the money supply in the world. Gavin, is of course also known as Black Zetsu. And all the bitcoin fanboys you see saying things like "bitcoin will take over the world" is actually multi accounts of White Zetsu
607  Bitcoin / Bitcoin Discussion / Re: i found satoshi nakamoto on: April 28, 2015, 02:19:48 PM
Nah OP, you're wrong.

This is Nakamoto Satoshi [中本智]
608  Economy / Speculation / Re: Bitcoin will be less than 100$ by the end of the year on: April 28, 2015, 04:56:42 AM
Am i right or wrong??
you're the boss, you tell us
609  Economy / Speculation / Re: Ryans' log on: April 27, 2015, 10:10:40 PM
What do you think about this btc-e thing? Would this affect the general trend and whatnot?
610  Economy / Speculation / Re: 100 bitcoins. Will I be a millionaire by 2020? on: April 27, 2015, 09:09:38 PM
I think most people have it wrong.

Why wait for the price to go up. Your focus should be launching projects that make more fiat money to buy bitcoin when chances are given to you. Everyones hoping for it to rise, but I aint no fortune teller or have a crystal ball.

You could launch something and make a massive fortune and then buy bitcoin like its water.
Yup. This is true. It's what I'm thinking as well.

But even if you're not capable of creating a multi-million dollar business, if you could make $300/day, and bitcoin goes up 10x, that's equivalent of $3000/day which would be over $1M/year. Even $100/day would net you over 1/3M in a year.

A 10x increase in bitcoin price is, IMO, 100% certain. I mean, I'm not even saying it's certain bitcoin will survive. It could be that 10-20 years later it fades away to nothingness. Even then, I really think there are a few pumps left in it. So if you're not that greedy, and sell when bitcoin price is $2200, that's a pretty good wage.

If the normal "latte factor" doesn't interest you, this should.

But if you're here, it probably means you believe in bitcoin. If you genuinely think that bitcoin will go mainstream, that means that at some point in time, there will be a huge influx of people searching for bitcoin related sites/businesses. If you start now, it could give you an early-mover advantage and establish your business as one of the bigger ones.

Just as how Mark Cuban's broadcast.com was able to make him billions. Or the first apps on the iphone made millions.
611  Bitcoin / Bitcoin Discussion / Re: The problem with Bitcoin adoption on: April 27, 2015, 01:52:09 PM
My opinion:
This is somehow true. Most women do not have the knowledge of cryptocurreny and do not start using it for the reason. These tech-based things is mainly made for men, just like video games and computers. Women have no huge interest in such things, thats the main problem.
Women are more social than men? Im not sure. We need to somehow encourage women to use it, they will more likely spread it around the world than men just sitting in front of the computer.

Tell me your thoughts Smiley

Here is the problem.

Both women and men must have a reason to use bitcoin, otherwise it will never become a genuinely competitive currency. Why would Sally Smith or Joe Sixpack go to a store and pay with bitcoin? What would be their motivation? How would that make their lives better? What would be the process?

Bitcoin has its uses, but those uses are limited to niche users and markets. Why would the common man take an unnecessary step to buy something. Why would the consumer take the additional step of buying bitcoins so they can then go out and buy what they could have already bought with their visa card.

The answer is, they never will.

Bitcoin has to find markets to serve that aren't well served by e.g. credit cards. I don't know what those are. Maybe the unbanked. Maybe the third world. Maybe it's people seeking refuge from an unstable fiat monetary and banking system. Maybe it's libertarians with a political agenda. Maybe its none of those. The one thing I know is that it isn't Sally Sixpack in the West using it instead of a credit card for no good reason at all. None of these preclude women being involved, as happens with every other technology that moves past the extreme early adopter phase.



Haha, I'm sure that's intentional Cheesy

I'm thinking maybe bitcoin will end up as kind of 2 currencies in 1. What I mean is, on one hand, it will enable the poor, unbanked people a chance to access certain financial instruments, and cheaper remittances, things that poor people needs. This will be a somewhat closed system, as no one outside of the system really needs to enter it. But this will also be a very small portion of the available bitcoins.

The rest of the bitcoins will be purposely withheld by the rich elite. Because remittances and such are worth pretty much a set amount, the fewer bitcoins you allow in that system, the more each bitcoin will be worth. So the rich elite will keep the vast majority of the bitcoins, and it will be a store of value like gold, and traded amongst the rich. There's no incentive for anyone to move these bitcoins to the other system, as that will devalue bitcoin.

So you end up with 2 almost separate systems that don't really have much to do with each other other than setting the price.
612  Economy / Speculation / Re: Keep your heads up bitcoiners! on: April 27, 2015, 01:21:33 PM
Quote
This really goes against the whole principle of Bitcoin. These speculators are solely intent on make a (fiat) currency profit on the price fluctuations in Bitcoin. They often have very little regard for Bitcoin and its potential.

This isn't quite true. I, for example, am not looking for a "fiat profit". Rather, I'm looking for a "purchasing power profit". I don't care whether I end up spending bitcoins or fiat, as long as instead of an old beat up toyota, I end up being able to afford a brand new lambourghini (just an example).

And the easiest way to get to that point is if bitcoin succeeds, rather than catching all the pumps and dumps. If I were that good a trader, I wouldn't necessarily need the bitcoin market anyway. There's penny stocks and whatever else.

So I think a lot of people, even if they're not libertarians and aren't religiously into decentralization and all that, they still wish for bitcoin's success.
613  Economy / Speculation / Re: Keep your heads up bitcoiners! on: April 27, 2015, 01:08:45 PM
I don't think anyone would seriously get into bitcoin because of doge. How did they hear about dogecoin before bitcoin anyway?
614  Economy / Economics / Re: Programmable currency is not fungible currency. y/n? on: April 27, 2015, 08:05:15 AM
If I understand you correctly, could the exact same thing not be said about different fiat currencies?
I don't think you understood him. He's not talking about different crypocurrencies. He's talking about different bitcoins. i.e Satoshi adds a message to a coin sent from one of the first addresses. Collectors' value. Stuff like that.

I don't think it's a problem. People like to collect serial numbers as well, say 100000 or 888888 or something. That doesn't really destroy the usability of the money, though.
615  Economy / Speculation / Re: Why Is Mass Bitcoin Adoption Still Not Happening? on: April 27, 2015, 07:43:02 AM
Because Average Joe is ignorant prick. Anyways, mass adoption is not what will drive Bitcoin up, it's store of value and remmitances.
remittances aren't gonna work if average joes, i.e the people who are USING the remittance don't use it.

Also, remittances aren't going to work until bitcoin price is stable. i.e it will have already gone mainstream.
616  Bitcoin / Bitcoin Discussion / Re: The problem with Bitcoin adoption on: April 27, 2015, 07:36:28 AM
articles like these are extremely harmful because those mindless feminists* will be like "OMG!1!11 ONEONE! BITCOIN IS SEXIST" and spread negative lies about bitcoin to stop people from using it.


*I feel obligated to be politically correct and say that not all feminists are mindless, but my honest opinion is that in the current world, there is very little rational reason to be a feminist, other than say support women's rights in muslim countries or something.
617  Economy / Speculation / Re: Why Is Mass Bitcoin Adoption Still Not Happening? on: April 26, 2015, 07:05:21 PM

Using a different address each time is advised for privacy reasons. I also think in the future, the layout of how things are done will change. What's stopping mainstream adoption is basically the fact there aren't jobs paid in BTC. For the average ignorant Joe, it's not going to be on their plans to exchange their hard earned wage for some foreign internet currency.
If you get the money directly in Bitcoin, you are more prone to get interested on it. For Bitcoin to become a legitimate currency, we need jobs that pay on it.

You realize that if they're not going to exchange their hard earned wage for some foreign internet currency, they're not going to exchange their hard work for some foreign internet currency either, right? They'll simply not consider jobs paying bitcoin just as you won't consider working for someone who will pay you monopoly money.
618  Economy / Speculation / Re: You are not a real Bitcoiner if you don't buy now. Shame on you! on: April 26, 2015, 09:44:24 AM
isn't the real bitcoiner is someone who buy & use bitcoin as currency Roll Eyes

If only buy bitcoin, there are plenty investor who did it already Tongue
But, they will dump it when bitcoin price raise up
i don't mind using bitcoin directly when I can buy a $15mil mansion in LA for ~150 bitcoins.
619  Bitcoin / Bitcoin Discussion / Re: Bitcoin as a catalyst for the next biological breakthrough. on: April 25, 2015, 08:19:41 PM
(comment from a user who despite reading the OP, still purposely posted something that has nothing to do with the topic)
Not really a lot better, IMO. Plus, just because someone is in a signature campaign, doesn't mean they don't try to make quality posts, or bother actually reading the OP. Not that you'll see this, right? Since you have everyone who has a sig campaign on your ignore list and all, that's why you were able to quote the first three replies, right?


In terms of the topic, I don't think there's any real point in donating in bitcoins rather than simply asking people to donate for biological research. How does bitcoin help? Although the first three posters did not read the OP, what they are talking about makes more sense in the context of a bitcoin forum. Besides, if the researchers are going to profit off of their research when it is finished, then those who contributed money to the research should get a piece of the pie as well, like a crowd-VC of sorts.

I think bitcoin can help in that respect. With smart contracts and what-not, I think we can maybe have a new class of investments kind of like stocks for these types of projects. 
620  Economy / Speculation / Re: 100 bitcoins. Will I be a millionaire by 2020? on: April 25, 2015, 06:37:38 PM
Well I think it is safe to say at this point that we are all going to be millionaires.
No. I'm as bull as a bull can be, but that won't happen. The vast majority of the members of this forum doesn't even own a whole bitcoin. We're no longer in the phase where we can expect 1,000,000x return on investment.

To become a millionaire now would require a significant investment, one that most people are not willing to make. I guess that's why millionaires are so scarce. People would rather save their $10,000 than a very good chance at a million, even though that $10,000 won't really even do much for them.

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