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The most important thing in an exchange?
Decentralisation.
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Used Bittylicuous myself. Excellent. No problems.
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But Bitcoin is not the US dollar, nor even the Zimbabwe dollar: it is the Santa Claus of currency, something whose very importance in society relies not on physical evidence but on the power of collective belief. Yes this is correct, bitcoin only has value because of collective belief. Well done. But this is the very same reason the dollar has any value as well.This difference is bitcoin has true organic value because people voluntarily choose to value it. Dollars only have value because the US government tells you it has value. Pointing a gun at your head forcing you to use it. |
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[FAIL] FailCoin
Which one? There's plenty of those. |
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.....anyway, I'm just saying, don't worship the sun- worship the One who created all of the suns...
peace
And just who in the Hell was that? My $.02.  Big bang. |
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Even if use of Bitcoin was made punishable by execution by chainsaw without trial everywhere in the world, it would take years to stop the network.
I would stop using it immediately. Same as everyone else.  |
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It is very fashionable for the moment to pretend that Bitcoin is a Ponzi scheme. Yes, it certainly appears to be the 'in thing' at the moment. |
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When Gox went down my phone started ringing. There were a lot of "I told you so" and a couple "Sorry you lost all your coins"
Was the "I told you so" about Bitcoin in general, just Gox or both? Because Gox and Bitcoin are entirely different things. |
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While everyone rejoices, let me be the wet blanket:
Licensing is fundamentally anti-competitive. This is crony capitalism.
Anywhere that bitcoin and fiat touch there is always going to be regulation/licensing etc... I've know this from the very start. There's no way around it. |
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I'm sure the media will spin the news into a negative light.
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I'm pretty sure it won't succeed.
Reason: Lack of reliable, secure, user-friendly infrastructure. The Average Joe will stay far away from BTC.
And several (more) governments will ban it.
I've never experienced any reliability problems. My transactions have always completed fine. |
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That's all that 95% of the people are into bitcoins for - profiting - which is why bitcoin is going to fail, and nobody is going to make money.
Profit drives new bitcoin services, utilities and infastructure. Making profit is not a bad thing. |
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This will just be another thing bitcoin flops on. It's already happened a few times. Everyone says bitcoin is rock solid bullet proof then the next thing ya know the chain is forked and shit is going to hell!
Then transactions are being reversed from gambling sites because a pool has too high % of the network.
Then transactions are being altered so people can rob exchanges all over the place!
Before ya know it there will be some shit with the SHA too. This whole it takes more energy to crack it then exists in the universe or whatever the fuck they are trying to say just ain't gonna fly. I bet Karpales made that picture.
Perhaps crypocurrencies aren't your thing then. Maybe play a different game. |
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How did you obtain that IP address?
Probably either through logs or blockchain.info It's easy to find out where bitcoins went Not easy to get them back That 'relayed by' IP field in blockchain.info transactions is very misleading and should be ignored. |
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I wonder if he genuinely believes his story or he's been paid to say it. Guess we'll never find out.
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Why would anyone want to even figure out a way to steal the coins? It would destroy Bitcoin, would it not?
How would it destroy bitcoin? Would you still use bitcoin if your private key could be derived from your public bitcoin address? |
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In july will be 200 usd.
But will you put your money where your very loud mouth is? Watching with interest. |
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I know exactly what your talking about. People at my work know I'm into bitcoin. But of course I keep quiet how many I have, keep em guessing.
How gleefully they quickly pointed out that bitcoin has hit rock bottom and finished, after reading media reports lately. I casually pointed out bitcoin is up 3000% since a year ago, and more businesses are accepting them every day. They quickly ignored that and focused in on how I've been suckered in and scammed, apparently.
I gave up in the end and kept quiet. Yes, bitcoin has a mountain to climb in front of it, that is certain.
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This thread is just plain sad.  |
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