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821  Other / Meta / Re: Posts: "leet"? What??? on: March 17, 2016, 08:20:17 PM
Its 1338 now, maybe because it was 1337 and theymos has a little joke in the counter?
Oh that's awesome. It must be new because when I hit 1337 I stopped posting for a week.  Cheesy
822  Other / Beginners & Help / Re: Doubling Bitcoin? on: March 17, 2016, 08:17:10 PM
I'm sort of new to bitcoin, I've made a couple bucks already from visiting ad sites, doing faucets, etc, but is there any other way to earn easy cash? Anyone got any suggestions?
It's money and has value. So you will have to buy them at market price or work for money or sell something.
823  Other / Beginners & Help / Re: the blockchain and mining are unnecessary on: March 17, 2016, 08:13:38 PM
I saw you mention that mining is for creating the coins. That aspect alone should not be overlooked. One of the problems with making a new currency is the problem of distribution. Satoshi's mining idea rewards those who help the network and opens up a fair contest that anyone can join in on. Otherwise who gets the money? Your friends? What value is something that was given away for nothing? I would not buy such a coin.  
824  Other / Beginners & Help / Re: My first bitcoins on: March 17, 2016, 07:59:44 PM

This is so nice. If only that there is someone who can also send me such numbers of bitcoin I maybe rich at this time. Is there a reason why your son had to suggest to escape police. This is actually a big money you can buy anything that you want but of course that this is beyond your money control..

Hello sallymeeh27. He said I can buy things online using a special browser he put on my computer called Tor Browser Bundle.
Unless you are willing to do some jail time I would strongly suggest not buying anything illegal until you have completed your degree in cryptography. TOR can be used to access the "darknet" however most who try are not actually hiding their identity as they think. As far as going on the lamb... That is orders of magnitude harder to do. You will burn through your 50BTC in less than a day trying. Your fake credentials will cost more than double that and you may need to keep buying more of them for years. I think you would need more like 500BTC to start disappearing.
825  Other / Beginners & Help / Re: Hello bitcoin world on: March 17, 2016, 07:48:26 PM
Welcome mate! We like people like you, who want to expand the bitcoin economy. As opposed to someone who begs for money within hours of opening an account. Cheers.
826  Other / Off-topic / Re: Why would customers use Bitcoins? on: March 17, 2016, 05:56:23 PM
My reasons are:

Security- No other payment system is even close to the security of bitcoin. Only you control your coins and there is no need to associate them with your identity. It is this association that makes credit cards so vulnerable. Each time you use one you are sending all the information needed to rob you. And you send it to dozens of people you don't even know.

Price- You may think credit cards are free, but that is just not true. Someone has to pay the 3% and it will be passed on to you, the buyer. Go to a place like and you will notice that if you pay with bitcoin the price is 3% lower. That could be quite a bit of money over time.

Speed- Credit cards may seem fast but in reality it takes days or months for a charge to clear. With bitcoin I can buy something and the seller can ship or provide services within minuets or hours. The seller has the money, not just a promise of money.

Unassailable universal wealth- With other payment systems you are a visitor and subject to whatever rules the processor feels like imposing. These systems are backed by currency that is also beyond your control. You can use it when, where, and if you are permitted. It is not your money.
With bitcoin I decide who I want to pay, regardless of where they are. I decide the terms with the only other party involved. It is truly a free market and no one can do anything to coerce or dissuade me from doing what I want. 

Come on dude, you have to know those reasons aren't really true. At least not yet.

Security is a relative construct. Bitcoin is no more or less secure than other methods of payment if it's used incorrectly. More people have been robbed using exchanges than I like to admit. Bitcoin virus attacks on not only business computers but personal computers are commonplace. Banks get hacked too but they replace the lost customer money with fraud protection. Fraud protection is what you're paying for in the service fee you pay at a merchant terminal. You also currently, and for the foreseeable future, must involve the current financial system at some point to make a Bitcoin purchase. Sure, I suppose those people that choose to convert their money by purchasing expensive mining equipment or using LBC to acquire bitcoins aren't involving banks, but that's impractical for most people.
There are different security concerns with bitcoin and no one to do the security for you, but that is better security for me. I can use bitcoin in a way that is far more secure. I'm on my 3rd. debit card in a year due to breaches I can do nothing about. I have never lost a Satoshi due to fraud with BTC. 
The cost of goods and services are moot. The price isn't less when you consider exchange fees and fraud loss. As I mentioned above, the 2-3% fee pays for fraud protection that I sorely wish I had during the Bitcoinica and exchange hacks where I lost more bitcoins in less than two years than I have ever lost in fiat in 50 years.
That is not true in my experience. I have saved hundreds of dollars in credit card fees so far this year using BTC. And I do not need or want any help with fraud. The security of bitcoin is far more than I have with a credit card. And the 3% master card charges is mostly profit not fraud protection. They are a for profit business and MUST make a profit from you.
Bitcoin is slower, period. The reason transactions in fiat banking aren't reconciled immediately is because of that fraud protection thing I mentioned earlier. The charge is satisfied and reconciled only after all parties are in agreement but for customer purposes it's immediate. Bitcoin uses the VERY SLOW process of trusted third party escrow for that job.
Escrow? I never use that because I only deal with trusted businesses. There are only two parties in my transactions. And again, it may seem like it happens fast but ask a business owner about that. I have owned businesses for years and I assure you credit cards are days to months.
Banking is a free market too dude. I only use credit unions for banking because they offer the services I want and need. Bitcoin can't compete and no current third party Bitcoin service can currently come even close to the offerings of a credit union. Also, as long as Chinese miners provide the security for Bitcoin not only am I not in complete control but my country isn't even in control.
I like credit unions also. Because they are not as driven by profit they are less likely to fee you to death. But they can not compete with bitcoin. The fees for transferring money for a credit union are the same as a bank. Try sending $100 bucks to the UK, or anywhere abroad. Spoiler alert, you are going to need $125 bucks or so. Your country is not in control, that is correct. But neither is China or anyone. And anyone can compete. The Chinese can't do a damn thing about it. As far as the miners power... More power too them!! They did more and so will get more. Exactly how the system was designed.
827  Other / Beginners & Help / Re: How to store Private Keys on: March 17, 2016, 04:12:13 PM
I make three backups then put one in a bank safe deposit box. Another is buried in an airtight container on property I own. This one can be found with a metal detector. The last is held by a person I trust in another state.

Now I am secured even if a nuke goes off and wipes out my city. Assuming I survive I can get my money back quickly. 
828  Other / Beginners & Help / Re: My first bitcoins on: March 17, 2016, 03:31:26 PM
Before you do anything else...! Make a copy of your wallet and save it to a USB stick. Then take that to the bank and put it in your safe deposit box. If you lose that wallet and have no back-up then your bitcoins are hopelessly lost forever.
829  Economy / Investor-based games / Re: ALL LINKS IN THIS SECTION SHOULD BE VIEWED AS SCAM SITES - A WARNING on: March 17, 2016, 03:25:07 PM
Anyone should understand that an investor-based game is a scam. You are not an "investor", you are a mark. The use of the word investor is the first of many lies to come.
830  Economy / Investor-based games / Re: Hacker trick - double your btc in second! [HOT] on: March 17, 2016, 02:45:33 PM

If you discovered a way to double bitcoin in seconds, after the site was open for a few hours no less, then why would you tell anyone? If true you should be able to own all the coins on Earth within the month. It makes no sense at all.

I earn 19K usd today.
you can try it and get good profit
So you are earning 7 million dollars a year and you need other peoples money?
831  Bitcoin / Bitcoin Discussion / Re: Fake "Anonymity of Bitcoin" Urban Legend.(Terrible Things You Didn't Know About) on: March 17, 2016, 02:40:46 PM
Speak for yourself man. YOU do not know how to be completely anonymous, but some of US do.
832  Other / Beginners & Help / Re: How Do I Get Bitcoin Fast? on: March 17, 2016, 01:59:13 PM
You can ask for donations or a do a kick start campaign. Those two come to mind off the top of my head.

What section can I ask for donations? Wink
Do not waste your time begging for money. If you want to try spending bitcoin then set up an account at an exchange in your country. Fund it and buy some on the open market. Any other system is fraught with hazard. Bitcoin is just money. So think how you would get say Euros in the U.S.A.
You could buy them, earn them by working, sell something. But there is no special thing about money and begging is highly likely to get you branded as a scammer.
833  Economy / Investor-based games / Re: Hacker trick - double your btc in second! [HOT] on: March 16, 2016, 08:05:50 PM

If you discovered a way to double bitcoin in seconds, after the site was open for a few hours no less, then why would you tell anyone? If true you should be able to own all the coins on Earth within the month. It makes no sense at all.
834  Other / Beginners & Help / Re: Bitcoin Price on: March 16, 2016, 07:56:51 PM
The only thing needed to for a currency is a belief in the value of that currency. Sine people do not believe for no reason we can look at what makes a good currency and why it warrants our faith.

1. Fungibility - each unit is the same as any other.
2. irreproducibility - it is not cost effective to counterfeit.
3. scarcity - supply must not exceed demand by a large margin.

To make a currency better than Fiat, like the dollar, it should also be...

1. Fair - not under the control of anyone. The price, the supply, the distribution are beyond any ability to control.

2. Digital - this is really only better when transacting electronically. Since most of your money is now done on computer networks bitcoin is generally better in this regard. 

3. Universal - only bitcoin can pay anyone anywhere. No matter where in the world the parties are.

The real question is whether or not fiat money will survive.
835  Economy / Speculation / Re: 1 bitcoin = 200k dollars on: March 16, 2016, 03:25:57 PM
Value is derived for greater reasons than our desire for a high price. On what logical basis is bitcoin currently worth 200K? has been determined by the market that a better valuation is about $420.
836  Economy / Trading Discussion / Re: want to buy bitcoin in just for 1second with debit/credit card. on: March 16, 2016, 02:36:34 PM
Credit cards take days or weeks to confirm. Bitcoin is confirmed in minutes. Credit cards do not lend themselves to such a transaction because they are not secure enough. Remember a credit card transaction is just an I.O.U.
837  Bitcoin / Bitcoin Discussion / Re: Bitcoin Centralization -> Whether Block Size Goes Up or Down !!! on: March 15, 2016, 02:41:29 PM
You need to look into the definition of centralized.  Roll Eyes
838  Bitcoin / Bitcoin Discussion / Re: People mocking of me for using Bitcoin on: March 14, 2016, 01:50:34 PM
I was mocked a lot when bitcoin was worth pennies. Those people have since gone quiet.
839  Other / Politics & Society / Re: Donald Trump & Bitcoin on: March 14, 2016, 01:48:24 PM
Always the fear of banning bitcoin. Yet not a single person has show how this would work.
I suspect it would work about as well these other proud bans from American history:

1. Ban on race mixing
2. Ban on drinking alcohol and other drugs
3. Ban on homosexuality
4. Ban on private ownership of gold
5. Ban on women voting
6. Ban on per-marital sex

Good luck banning anything.  Wink
840  Bitcoin / Bitcoin Discussion / Re: A 7-Yr Prison Term for Bitcoin Use, Says Russian Finance Ministry on: March 11, 2016, 09:16:23 PM
Thanks for the responses guys.
Could it be that the confusion is not only with us but also with Russia? Perhaps they are in the "WTF is this?" phase and officials are sending mixed messages as they try to figure it out. I know early on some U.S. officials were saying bitcoin is illegal based on their poorly informed ideas about it. It would be sad if we saw actual arrests or fines for using bitcoin in a legal way.
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