This is where a notepad comes in handy. You can either use a physical notepad (notebook pad) or the notepad application on your computer. There's not much big deal on putting your private keys and email passwords on your computer as long as no one's touching it except you. I knew that I would eventually forget my password since I don't use the same password twice and so I just write it down. That's also what I did with my parent's password.

Actually, this is where the ETF topic goes in. A lot of people want to invest in bitcoins or buy bitcoins but do not have the knowledge. They don't have the time or that they are not interested about the whole idea of bitcoins at all. They are just here for the profits that they will make when the price of bitcoin goes up. Unfortunately for them, you have to at least understand the basics in order to invest in bitcoins.

Uncertain future: What future is even certain? Even the whole humanity has no certain future. One thing is certain about bitcoin, though. The idea will always live off. Even when bitcoin goes down because of reasons, people will always use cryptocurrencies. One thing that you can do to deal with the uncertain future of bitcoin is to learn how to trade. Learn how to diversify your money so even when bitcoin has fallen, you have your money on other things. Although I really think that bitcoin is the strongest one right now. All the other coins are just there so that people can make more bitcoins.

Lack of recourse: That's just your own negligence. That's not bitcoin's fault.

But it's also possible to lose when you invest in a coin that clearly has a future, hold the coin as long as you can even with the price decrease, and research a lot about the coin before buying it. Once the developer has ran away and there are no more updates, the coin will die in just a matter of hours. It will become a race. The last one to sell will be a bagholder of a shit coin.

Some coins have excellent plans all along but never get to do it because they never actually planned to do so. Beware of devs that only want to make a quick buck from investors.

But most local businesses are selling simple stuffs like coffee, fruits, vegetables, donuts, etc. Those stuffs don't go higher than 63$. Nice computation, by the way, but that just gives us a conclusion that bitcoin is only good to use for huge purchases. As the time goes by, the transaction fee is going higher and higher. I was surprised last night seeing that a small transaction costs 0.002BTC for transaction fee. As time goes by, that 63$ for btc being a better payment method goes higher and higher. It might be 63$ today but it can be 70$ next week, and so on.

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Sure discounts attract customers. But as a local business owner, are you prepared to charge less to people just because they are using bitcoins? You're lowering your profit with this choice.

That makes no sense since bitcoin banks surely will work just like any other exchanges work. When the price has increased and you're withdrawing your btc to the banks through ATMs (fiat money), then it should cost you lesser bitcoins since they will be following the buy/sell rate. It would not make sense at all if bitcoin banks only store your bitcoins and nothing else. Because what's the purpose of the physical bitcoin banks that they have.

Bitcoin banks surely will be fiat and bitcoin together. You can withdraw your bitcoins as fiat and vice versa. If it's just fiat, then it would be just a regular bank. But if it's just bitcoin, then their "bitcoin bank" is pretty much just a bitcoin wallet just like electrum. They have to combine the two to have sense.

Is this campaign still running? No more updates happening about the payments. Nevermind, confirmed it myself. This campaign is already over.

Civic is actually still PNYC but they are already full

Twitter link: https://twitter.com/_EasyBTC/
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Thanks! I received the payment too.

Sometimes I wonder how would I inform everyone in this forum that bitcoin is nothing compared to how much fiat money is being used in illegal transactions. Okay, bitcoin gives you anonymity privileges. But that doesn't surpass the amount of money that have transacted for illegal activities in fiat.

Just like bitcoin, a gun wasn't made for the sole purpose of killing innocent people. Yet here we are. We have terrorist attacks almost everyday. Electricity was discovered and the discoverer thought it will be very useful for machines and whatnot. Yet we have an electric chair which kills people. A lot of things are being used for things that are different than the creator's objectives.

"Wow, this project has made a lot of people earn good amount of money. It's also in its infancy stage so buying some coins now guarantees profit in the future. Wait, you can't buy anything with this currency yet? This project has to die!!"

- niokobo 2017.

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Like the saying goes, be the change that you want to see in the world. If you can't buy anything with bitcoins, then maybe it's a good idea to start your very own company that accepts bitcoin for payments. Since we're almost always uptrend and it's not mandatory to withdraw your funds during a downtrend, then holding the coins is not a bad idea to counter the volatility of bitcoins.

I can only imagine you holding ten million dollars in an underdeveloped country and since they are not accepting your dollars, you're just going to throw it away. That's the logic of your post.

Honestly, I think that there would be lots of dramas as we grow in numbers. Just like in everything else, humans tend to destroy things over simple and silly stuffs. There would be people, might even grow to teams, spreading FUD out there just so they can pump/dump the coins that they like. People will be busy trading. Never have I seen a bitcoin user that didn't eventually go full time on trading by quitting their day job. I guess it's because we have very low pay rate in my country but I also talked to some people in slack. They also quit their day job to go all in in making money from cryptocurrencies. We all want a money making method in which we can decide when to do work, and when to take a rest.

And this is why you want to be friends with Google. With whatever hardship or confusion that you get in life, google that thing. It doesn't matter how silly or how dumb you would look like if somebody sees you Googling that stuff. It only takes 2 minutes to find out that bitcoin halving is true and that it actually helps the price increase in the long run.

Back then, I thought that bitcoin halving means the price would double. But when I did my research, it's the miner's rewards that's getting divided by two. This means that the new coins being mined is becoming less and less which helps with the price increase for the supply law.

3-5% is still a large difference than almost 100% transaction fees for bitcoin's microtransactions. You can never hide the fact that bitcoin users would know that when they are going to do a microtransaction, the transaction fee is almost equal to the amount that they are sending. You're just going to waste your time setting up all these "we accept bitcoin" things since most bitcoin users wouldn't use that service anyway if they are being practical.

Lol. Credit card machines? You can literally just plug in a credit card scanner to your phone in order to have a card transaction.

Not at all. When there's an attack on the bitcoin network or the 51% attack, it would run just the same but others might become terrified and sell their bitcoins. Hence, making the price of bitcoin go down. Bitcoin is decentralized and taking down nodes of it will be useless since there are tons of other people running a node out there. That's the beauty of bitcoins. Do you really think no one has tried attacking the bitcoin network before? Of course there is but there's none that has made enough damage so far even the PBoC that we thought would take bitcoin down only made a momentary damage.

I honestly think that statists get paid on what they are doing. I see people out there worshiping certain politicians but that's just because they get paid to do so. They bash the current government because a federation is paying them or should we all pretend and say "donate" to them. Honestly, why would you want the state to take over everything? Do they really have to control everything? Is your government that good and clever amongst everyone that you put all of your trust to them? I don't think so. It's just all about money.

We like bitcoin because it gives us profit and statists like worshiping the state because of the benefits that they get for doing so. I mean, who has the time to have defend the state over simply arguments.

But that's just the point of bitcoin, not getting taken over by a financial institution. Bitcoin should not be regulated and we should all remain anonymous here. The essence of bitcoin will quickly die when the banks take over it. It's a good thing that they can't do it by making up new laws. They would have to buy the majority of the coins in order to have control which might not even be enough to have power over other bitcoin users.



But on a much happier thought people that are transacting a high amount of money only has to pay the same transaction fee. Bitcoin is just outpriced for poor people, honestly. Even the transaction fees.

Probably my worst mistake in gambling is the same as most people. It's going back to gambling even when I know that I'm just going to lose whatever money I put to the gambling site. Yes, I can withdraw them anytime. But can I? I will always have that desire to gamble and gamble. At some point I might win but I would end up desiring even more profits. The only time that I'm going to stop is when I have nothing to gamble. We are never satisfied with our profits.

What makes it my worst mistake isn't the extremity of it but the amount of times it happened. Back then, I would gamble all day and night. I thought I was just trying to make friends but nope. It has become my daily routine to gamble. I eventually stopped because I always wanted to learn new things in life and surely gambling doesn't taught us that much.

At this point I'm starting to think that you don't really know what signature campaigns are. You have to be enrolled to a company. Like in my signature, I'm enrolled in Bitsler and the owner of the website pays me for advertising his website. The reason why you're not earning anything from signature campaign is because you're not enrolled in one. Click on the link that I just gave you and try to enroll on one of them.

I'm not a 1 in 10,000. A lot of people are actually enrolled in a signature campaign and they are making money from it. Look at the signatures of other people. They are doing some promotion for a company and that company pays them.

I'm also starting to think that you thought you get paid by the forum automatically when you wear any signature. That's not how it works, apparently.

I guess so. The richest people sure do show interest on things that makes them earn money, that's how they got to the top. Rich people can buy bitcoins just for fun, just to have some "practice trading". I think the rich people buying bitcoins are a good thing for us, the smaller people. Even when they manage to buy the majority of the coins, that's a lot better to us since we can finally sell our bitcoins at a much higher price. I don't really see any negative side except the fact that they can accumulate almost all bitcoins that new investors will be afraid that the one owner can sell all of his shares and everyone else end up as bagholders.