Yes, I'm also amazed how Japanese really embrace bitcoin in their daily lives there. I think they are doing a great job as leaders in bitcoin market, and it just a matter of time before another nation would adopt bitcoin because Japan is setting a good example. And Japan has greatly impacted the price lately, pushing it to $1600-$1700.
Japan right now is the main reason for the noticeable surge of the Bitcoin price and we have just started here. Japan is poised to open up at least 10 Bitcoin exchanges maybe within this year. And with this development, am sure that other countries would took notice and soon can also be adopting Bitcoin as a currency along with their nationally recognized fiat money. Yes, if Japan shows favorable development and the impact of bitcoin on the country, the rest of the countries will also begin to accept crypto currency. It's possible, but it won't happen so quickly as we would like to. Japan has made this step, but they have a really different culture, so it's possible that bitcoin fits them much better than the other people in the world. They are really good at following the rules, they can work hard for just a little honour, etc. And they're really good at digital things, so bitcoin will be just the part of the everyday life there, I'm sure they will adopt it easily. Other countries are really different, so despite of the good news and the good example, so adoption of bitcoin won't be as easy for the others. |
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Just a normal transaction for a increasing bitcoin industry so basically that is just normal because the bitcoin holders are also increasing when the holders increase no doubt the transaction made also increase but thats a good sign in all bitcoin holders.
I doubt it, it should not be a normal increase, just because of the higher acceptance of bitcoin on the market... In a few days time, we have jumped to 1 year maximum in mempool transactions, waiting for confirmation, see chart on blockchain info https://blockchain.info/en/charts/mempool-size?timespan=60daysThe normal increase should not be exponentional but linear or just closer to linear. Japan can't be the only reason, too. Something should be really going on, just besides the normal growth. We'll see sooner or later, anyway. |
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Mindenki köszönt én lépett be a Bitcoin közösség, reméljük, hogy segítséget kapjon.
Hát ez gugli-fordítósan hangzik. De azért üdv. Majd kiderül  Múltkor volt valaki, aki első newbie lendülettel kb. 20 local board-ra posztolta be gyorsan ugyanazt az üdvözlő pár szót, de még arra sem vette a fáradtságot, hogy használja a google translate-ot, angolul nyomta... Nem is élt sokáig az első 20 posztja, rá pár órára már törölték is őket... Nem baj, a magyar vendégszeretet határtalan, jöhet mindenki <OFF> megpróbáltam, beraktam ezt a posztomat a google translate-be, magyarról angolra, háááát, szerintem esélyük nincs megérteni az angoloknak, mit akartam </OFF> |
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I suggest keeping a few paper wallets (cold storage) in a few different places. 0.01 to 0.1 Bitcoin in a variety of paper wallets, small amount on a TorWallet.com, hardware device like KeepKey.com, also blockchain.info for your virtual wallet when you pick up from LocalBitcoins.com. Keep them out of exchanges, just use them to purchase then move Bitcoin and other crypto as quick as you can to an environment where you keep control. Remember if you don't hold it, you don't own it.  This is all true (nearly), but you shouldn't forget that if you don't put any coins on exchanges, you can't trade, if you don't put it on gambling sites, you can't gamble, if you don't put a bit into web wallets, you can't spend them in a comfortable way (bitcoin debit card, etc)... So if you want to use your coins, it's impossible to avoid risking them. And it's not only the risk of the trading or gambling (not sure which has bigger risk ) but every possible sotrage has it's risk. Even if you use paper wallets, seeds engraved in metal bar, laminated QR codes, etc... so you can't fully avoid risk. You should find the balance. |
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It seems that mempool has recovered to the ~50% of the last day's peak, at last... (55k instead of 96k) It's still huge but I was wondering how long can the demand/spam attack fill the mempool with such a high transaction quantity. It seems that this extra high peak has gone, but we're still above the average, and if we have a look at the 60 days chart, we've only dropped back to the highest peaks of the past 60 days. It can be the demand too, that causes the increase, I remember in Feb.2017 Trezor shop has run out of stock because of the high demand from Japan and from the rest of the world... Maybe people in Japan started to use their new Trezors |
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Eighteen companies are requesting the new license required to operate a crypto-currency exchange in Japan. The licensing regime, introduced by Japan in April, aims to ensure that exchanges operate in full compliance with financial regulatory procedures and fraud .
As a result of the applications, some of which come from existing exchanges such as BitFlyer, ten new players are scheduling to debut in the market and meet an expected increase in demand.
These companies include SBI Holdings' SBI virtual currencies, GMO Internet, Kabu.com Securities and Money Partners Group, according to Nikkei reports.
Those companies will have to face really strict regulations, because Japan is known about precision and rules, orders, etc. If the exchanges want to "legalize" themeselves in Japan, it won't be so easy. If they were working in the shady area, they will have to come out to the light, and if they were not forcing the KYC and AML regulations hard enough yet, they will have to implement it and I think Japan regulations and the control is strict enough to force them to act like that. For the bigger ones, it shouldn't be a big problem. |
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Well, at least, nobody can tell that they haven't done everything to accept every kind of payment from the tourists on the next summer Olympic games (Tokyo 2020) They have 3 years to plan and implement everything, but they would need a stable bitcoin price if they want to use bitcoin for daily payment purposes. Also, if they start to use it regurarly in Japan, bitcoin needs to implement something to handle the increased quantity of the transactions... |
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When do we receive the payments? weekly or monthly?
You've pretty much just exposed yourself.  Reading the first post seems to be too hard nowadays. In one week after enrolling you will be paid automatically (if you keep our signature and have new posts).
If you change or remove the signature, even for a couple of hours, you will have to start again: Wait one week for the next payment, create new posts, etc.
I didn't exposed myself of any kind my dearest Lauda. I read op several times to avoid misunderstanding and my mistakes. I joined this campaign on 20th April 2017. Today is 30th April, and I didn't receive any payment. I checked the status here > https://bitmixer.io/signature.htmlI am active and the payment balance was updated at 27th April. In one week after enrolling you will be paid automatically (if you keep our signature and have new posts).
If this is the rule, then I think I am eligible to receive the payment. I kept bitmixer sig. and have new posts. So I should have received the payment by now... Isn't it? In one week after enrolling you will be paid automatically (if you keep our signature and have new posts).
If you change or remove the signature, even for a couple of hours, you will have to start again: Wait one week for the next payment, create new posts, etc.
I didn't changed or removed the sig. after I joined the campaign.. You have already received your payment. Just had a quick look at your bitcoin address at blockchain.info You can find your payment if you're searching for this transaction id: https://blockchain.info/hu/tx/c954cf031c5236a06a6e694bf7b646ed16297cddc7c0424b864aa4593681606cThe amount matches the payment at bitmixer site, and you can see that the sendig address contains bitmixer text too, so it's defenately your mentioned payment. The transaction has 444 confirmations. Maybe you should rewise your bitcoin wallet address in your profile, if you wanted to receive the payment into a different wallet. Anyway, you can start your own investigation now, because the problem is not with bitmixer's system but with your wallet(s). |
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you just remind me of mtgox back at 2011, that time people are rapidly joining the bitcoin network and everyone know the reason they all want to join and grow their money with mtgox exchange. although I never thought about trading so I never tried it but was really surprised when it got crashed and closed. those where really some dooms day that just crashed the price from 900$ to 200$ maximum people lost their money and hence because a historical day. I believe no other scenario can replace the damage made by mtgox
It is a lesson to remind all of us, never believe in the same things. The risk is always there if we are not careful. i remember that day, when i still dont give a shit with bitcoin existence, that's basically chaos for the community, never keep all your bitcoin in an exchange for a long time or you will be risking it If you have a lot of bitcoin (I don't), and you trade with them (and alts), it's not possible (or very difficult) not to keep your coins on exchanges for a long time. If you trade with bigger amounts, you have to hold them on exchanges, because you get your income from the profit on trades. If you store your coins in a hw wallet, you won't have profit (but you don't risk them). Trading is about risk. It's a risk too, that the exchange crashes and you lose your money. If you can handle this risk or can diverse your portfolio between exchanges, you can be on the safe side, but ignoring the risks always cause loss. Just put as much coins on exchanges, that you can manage to lose without problem (similar to gambling), and that's all. |
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They know they will make a good sum in the future. According to the article they hedge funds are paying the claimants 15% of the real value. The article also mentioned this When the claims were lodged in 2014, the Mt. Gox trustees calculated their value using an exchange rate of just under $450 per bitcoin. So that is 15% of the real value at a price of $450 per Bitcoin? That is a very bad deal for the claimants. Factoring companies usually buy receivables using huge discounts, especially in the case of bad depths. 15% can be a bit lower than average value for calculation, but this is not everyday business, it's risky. Bitcoin price is now nearly 3 times higher, but they cannot calculate the price rise, because of it's volatility. They take the risk and they offer a price that worths for them. They don't really care about the claimants. |
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Szaisztok! Most írok ide először. Nem tudom mennyire szoktatok figyelni új befektetési lehetőségeket, de szerintem az elmúlt 1-2 napban biztos belebotlottatok a POSW-be. Én tök szerencsés voltam, mert eléggé az elején szálltam be, így most jó kis profitom van belőle. De talán még nem késő kisebb nyereséget összehozni, ha valaki most szállna bele. Elég szépen felfutott az ára az elmút 1-2 héten, és szerintem még van hova emelkednie. (Nyilván ezt senki ne vegye 100%-ra) Itt van egy roadmap hozzájuk, meg egy honlap. Igazából az egész lényege, hogy a proof of stake coinokat nem egyedül stake-eli mindenki, hanem közösen a weblapon, és így nem kell 0-24-ben mennie a walletnek. Ehhez ők még csináltak egy exchange-et, ahol lehet az általuk csinált POSW coinnal más PoS crypto-kat venni, eladni. Kb 3 hónapja használom már, ha valakit érdekelne, és van kérdése, írjatok. Szia! Ha kicsit bővebben tudnál írni erről az egészről, elgondolkodnék rajta. Alt-okkal eddig még nem foglalkoztam, de hátha most majd. Pl. mi az a POSW, hogyan vehetsz, bányászhatsz, stb. milyen tapasztalataid vannak eddig. Mennyi idő, amíg átlátja az ember az egész koncepciót (bitcoin tudással, nem 0-ról). Ez most kereskedés, vagy bányászat, vagy valami más? Köszi előre is! MrBitcoin2017: Valami DDoS támadás van folyamatban, de talán lassan megunják a támadók, meg a fejlesztők is kitaláltak valami ideiglenes megoldást... |
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Sometimes works fine, but some minutes later it's slow again like in the afternoon. (But works, more or less, at least). Browser complains about DNS problem. I haven't amended the neccessary modifications to the IP table, because I have no access now. There were only 2 seconds between the 1st and the 2nd trace below: >tracert bitcointalk.org
Unable to resolve target system name bitcointalk.org.
>tracert bitcointalk.org
Tracing route to bitcointalk.org [52.55.72.170]
over a maximum of 30 hops:
1 2 ms 2 ms 1 ms -----------------------------
2 20 ms 20 ms 18 ms lo1.meroasr0-debrecen.net.telekom.hu [145.236.238.12]
3 24 ms 24 ms 25 ms 81.183.3.4
4 23 ms 22 ms 22 ms 81.183.3.4
5 22 ms 23 ms 22 ms 81.183.3.145
6 41 ms 41 ms 39 ms 80.157.202.125
7 38 ms 38 ms 38 ms ae-9.r01.vienat01.at.bb.gin.ntt.net [129.250.66.125]
8 39 ms 39 ms 38 ms ae-1.r20.frnkge04.de.bb.gin.ntt.net [129.250.2.77]
9 136 ms 135 ms 134 ms ae-8.r22.asbnva02.us.bb.gin.ntt.net [129.250.4.96]
10 135 ms 135 ms 136 ms ae-7.r06.asbnva02.us.bb.gin.ntt.net [129.250.2.121]
11 134 ms 133 ms 133 ms ae-2.amazon.asbnva02.us.bb.gin.ntt.net [168.143.228.38]
12 * * * Request timed out.
13 * * * Request timed out.
14 153 ms 157 ms 146 ms 54.239.110.183
15 132 ms 132 ms 134 ms 54.239.108.161
16 134 ms 139 ms 133 ms 205.251.245.174
17 * * * Request timed out.
18 * * * Request timed out.
19 * * * Request timed out.
20 * * * Request timed out.
21 * * * Request timed out.
22 * * * Request timed out.
23 * * * Request timed out.
24 * * * Request timed out.
25 * * * Request timed out.
26 * * * Request timed out.
27 * * * Request timed out.
28 * * * Request timed out.
29 * * * Request timed out.
30 * * * Request timed out.
Trace complete.
Had a similar trace 10 minutes before, the bitcointalk.org's IP was the following then: Tracing route to bitcointalk.org [34.202.40.180] Both IP's are mentioned in Theymos's IP table. Reading on the forum is nearly OK, but posting or editing posts is a challenge, still |
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If you need another trace: (without VPN or anything, normal DSL connection) (I can use the forum, loading of the pages are slow, usually with error messages, but it still works somehow) Tracing route to bitcointalk.org [52.45.214.107]
over a maximum of 30 hops:
1 3 ms 2 ms 3 ms -------------------------
2 20 ms 19 ms 18 ms lo1.meroasr0-debrecen.net.telekom.hu [145.236.238.12]
3 22 ms 22 ms 22 ms 81.183.3.16
4 22 ms 21 ms 22 ms 81.183.3.16
5 22 ms 24 ms 21 ms 81.183.3.145
6 41 ms 38 ms 40 ms 80.157.202.125
7 63 ms 39 ms 38 ms ae-9.r01.vienat01.at.bb.gin.ntt.net [129.250.66.125]
8 95 ms 38 ms 42 ms ae-1.r20.frnkge04.de.bb.gin.ntt.net [129.250.2.77]
9 131 ms 132 ms 131 ms ae-8.r22.asbnva02.us.bb.gin.ntt.net [129.250.4.96]
10 135 ms 264 ms 132 ms ae-7.r06.asbnva02.us.bb.gin.ntt.net [129.250.2.121]
11 130 ms 130 ms 132 ms ae-5.amazon.asbnva02.us.bb.gin.ntt.net [168.143.232.74]
12 * * * Request timed out.
13 * * * Request timed out.
14 151 ms 153 ms 149 ms 54.239.110.145
15 133 ms 131 ms 131 ms 54.239.108.59
16 131 ms 131 ms 132 ms 205.251.245.191
17 * * * Request timed out.
18 * * * Request timed out.
19 * * * Request timed out.
20 * * * Request timed out.
21 * * * Request timed out.
22 * * * Request timed out.
23 * * * Request timed out.
24 * * * Request timed out.
25 * * * Request timed out.
26 * * * Request timed out.
27 * * * Request timed out.
28 * * * Request timed out.
29 * * * Request timed out.
30 * * * Request timed out.
Trace complete. |
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I don't understand why the general population is so adamant in using physical cash, when the government is incentivizing the usage of digital payments. The government is doing the right thing. Just hoping that the population will support them.
You clearly don't understand the risk of having cashless society. There is a colossal difference when we think of decentralized cryptocurrencies and government controlled fiat - but in digitalized form. I hope danger of total control will be noticed and population will never support the idea of having digital government issued fiat as only option. Cashless society doesn't mean digital government issued fiat in every case, if you have a look at Sweeden, they're cashless for some time now. The whole population uses debit and credit cards, the only cash in the society is the coins for the public toilets mainly. If you plan to go to Sweeden, they inform you to carry an embossed card with you (unembossed is not accepted in public transportation and in other services). This card solution is not so dangerous, but centralized digital money sounds frightening... |
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Elérési gondok vannak az egész fórummal, ebben a meta topicban https://bitcointalk.org/index.php?topic=1880126.40 írnak róla sokan. Délután nekem is elég sokszor kellett frissíteni, mire bejött az oldal, most már úgy tűnik, újra helyreállt a működés, de a sebesség még mindig nem a régi... |
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So I was wondering, what would you guys consider the perfect bank.
Fees?
Common complaints?
Things it should offer?
Locations / Online only?
What currencies should be accepted?
Well anything you can really think of.
I want to hear from you and want to hear about the most common complaints.
Any bank horror stories?
What happened?
What should have happened?
I personally think that banks should be avoided at all costs - bitcoin is a good alternative to avoid that middle man altogether. I believe that this is one of the most important steps we can take towards making banks up their game, in terms of fees and all. I was really shocked to find how much hassle it was to exchange foreign currencies and if you had cash, they would offer you really really bad rates. Foreign transfer fees are ridiculous as well. Bitcoin solves all these things. You're right, bitcoin can solve all these things, and should solve all these things, with less costs compared to banks. But, these things are just a little part of the banking industry, bitcoin can't solve loans secured with collaterals or mortgages, or anything that needs legal or personal involvement. If bitcoin will solve the money transfer in the future, banks can focus on other services, but we cannot predict the future yet. In 2018, banks should open their systems for fintech applications, so banks should specialize themselves if they want to survive. |
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We are still ways to go before bitcoin can challenge the banking system. There are still a lot of adjustments needed to be done on the blockchain to compete with the banks.
Why should bitcoin compete with banks? Do we need an institution that gives loans in bitcoin, or do anyone wants to give his/her bitcoin to an institution for a longer time to gain interest (in bitcoin)? I think bitcoin should be firstly a kind of solution for digital cash (and secondly digital gold). Why people use banks? - Security - Money transfer to abroad - investments - loans the first 2 could be done easily with bitcoin. If you have a lot of cash, you put it in the bank, they save it for you. If you need to secure your funds (in bitcoin) you can use paper wallet and hardware wallet, no need for banks to save it. People use banks (or WesternUnion and similar) to transfer cash to relatives in different countries (or not just to relatives, but to anybody). They need a system that solves this problem. Bitcoin can do it easily and securely, and (if there're not too much transactions in the mempool), it's cheaper. What do you do if you want to buy something locally? You go to the shop, and buy something, you pay by cash. What do you do if you want to give money to your relatives or to someone else locally? You give them cash. No banks are involved in local transactions. But what do you do if there is a distance between the two people? They cannot use cash, because of it's phisical existence. In these cases you need to involve banks. But if you use bitcoin, you don't need banks, because of the nature of bitcoin, because it's digital, because it's accessible worldwide. It's not a competition with banks, it's just solving problems without them. If you have digital cash, you don't need banks for digital cash transactions. But if you want to apply for a loan, that's another story, and you cannot skip banks in that situation. If it was possible to give loans in bitcoin, then it would be a competition with banks. |
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The great majority of people still don't know what Bitcoin is. Sure they may have heard about it but they don't know what it is. It really became something useful and exploded in use when the Slashdot and Galker articles were released. Silk Road put Bitcoin on the map.
You didn't read everything I wrote. Bitcoin acts as both a currency and a commodity at the same time. You only like the currency part of that equation. Bubbles are normal for commodities and they mean Bitcoin is being used. To say bitcoins are being used for speculation and bitcoins are not being used in the same sentence is an oxymoron.
According to the noobs, and to the majority of people. I will be happy if young people will share the cost of the beers after a Saturday night by just sending some BTC (OK, some satoshi) to each other via their web wallet on their smartphone, and they won't care about the technical background or about the future of BTC. If the form of the small payments could be a BTC wallet (and parallel a kind of commodity, to save value), it would mean that our work has been done well. |
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Merchants will start accepting bitcoins as a mode of payment only if the people around them are aware about bitcoins and are willing to pay in bitcoins and if none is aware about bitcoin then there is no point in accepting bitcoins as a payment method.
Merchants will accept bitcoin if it's profitable for them, they don't care about people awareness or whatever, it's simple and all is about profit, it's fact I think the seller is not only thinking about profit dude, they also think how to maintain a good service so that customers come again. So a shop must know how bitcoin conditions in their area. When it is in the area surrounding many use bitcoin, and bitcoin as a payment they receive. So it is one of the services that benefit the customers I guess. Thank you Well, this seems to be the most tricky part How would sellers know whether people living nearby are involved with Bitcoin? Unless they tell the sellers themselves, right? But why would anyone make a clean breast of it and admit using Bitcoin? You may think that no one around you even heard about Bitcoin while, in fact, the whole neighborhood may be infested with Bitcoin millionaires. In this way, until and unless merchants declare it themselves they are ready for Bitcoin ("Bitcoin accepted here"), scarcely anyone is going to ask about payments in Bitcoin, especially in small towns, where everyone knows everything about everyone else If you don't want to admit the use of Bitcoin, you can always choose a bitcoin debit card connected to a web wallet (debit card usage depends on your country, and only store a small amonunt in web wallet, just to be on the safe side), and in this case, payments will be instant, compared to the real bitcoin payments. But, if you want to use Bitcoin in stores, there should be something done with the time of the payment confirmation. Or, you can go to a shop, where you can have a coffee after payment, and in this case, you have spent you time with something useful too In my country, a taxi company started to accept Bitcoin payments via QR codes, but I don't know about the details, because I live in the countryside, and the bitcoin taxis are in the capital... |
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As long as dumb people don't get rid of their credit cards, bank will keep making profits. It is a very simple mechanism what keeps banks alive. First; they give you very low salaries which is enough barely for you to survive. Second; they bomb you with advertisements of products which you don't absolutely need at all. (Like an Iphone for 500$, A sports car for 100k$, A parfume for 200$ etc, A big house for 500k$) Third; As a brainwashed moron that you are, you immediately run to the banks and take loans. Fourth; Gz. You successfully made yourself poor while making banks richer and richer. As long as this cycle keeps going, banks will do fine. What is bad for them is to make lesser profits than what they expected, and that's where bitcoin shines. An unexpected story for the bankers. A choice for the smart people. Smart people don't trust banks. They hate banks. If they were able to, they would put every one of them on fire. They don't put their money on banks. Banks don't like that.  It's OK, but what is the % of the smart people compared to the whole population? What do you need to get smart? Education - not everyone can afford it, it's not free Financial independence - you need to have the funds to buy at least your average house, your average car and a salary to cover the average daily expenses. Not everyone has that funds or proper salary Strength of will - Not to buy the iphone, the sport car, the dream house, etc... but if you have a whife and children, you will be less strength in things like that All of these are costs money, and if you're short on money, you'll need the loans. Banks are not realizing profit for the sole purpose to have a big profit. They have shareholders and the shareholders are waiting for the dividend, because they're funding the bank with their own funds and they want some return of the money year after year. And every year, they want a bit more then before. The problem is not so urgent to the banks as it seems. If a fintech company finds a really new and innovative and cheap and easy and affordable and easily understandable thing that can challenge banks, who has the funds to finish the project? Banks or the financial groups behind the banks. They can easily buy the complete project (and they can decide it, if they want to start it or not) Average people will trust banks first and fintech companies afterwards. So as long as the fintech startups won't team up with banks, they will hardly reach the neccessary amount of client to efficiently run their project, so they'll need additional funds to continue... Banks gives loans (for houses, apartments, etc) for a long period of time (e.g. 20 years), so they have a plenty of time to develop their system. But, because they have the funds, they'll easily just buy the projects they want, so they will be the competitors of their own on the long run... |
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