I don't mind high(er) fees if they slow rates of btc exchange & help unconfirmed transactions over the long term.

This could give people incentive to be more efficient with transactions and that could go some ways towards addressing the unconfirmed transaction issue over the long term.

Would have to think that banks utilizing blockchain technology legitimizes bitcoin and crypto.

Its hard for the media to say bitcoin is a scam or fraud when banks use the same technology.

"Imitation is the sincerest form of flattery."

If I remember right, coinbase used to offer a bitcoin to bank, wire transfer service.

You could transfer your bitcoins to coinbase and cashout $$$ to a bank account.

Does no one use it anymore?

Maybe I'm not remembering correctly, I haven't actually been on coinbase in something like 3 years.

If a big war or natural disaster happened.

I think the value of basic amenities like water, food, shelter and energy(electricity, fuel) would increase.

The inflation on those items and things would increase dramatically.

The buying power & value of fiat and bitcoin would decrease as people became more survival oriented & the stability of everyday life deteriorated.

This is the best I could find.

https://mindhive.org
https://ideascale.com/
http://www.ideaoffer.com/

About 5 years ago, I remember seeing crowdsourcing sites that paid a % if someone proposed an idea that developers liked.

Looks like those sites might be gone now, sorry. Didn't think about that.

There's a school of thought that says OPEC and oil producers conspire to reduce oil production to make oil a scarce resource & artificially boost oil prices.

That could be one reason Aramco's oil production is so low. Its to reduce oil supply & artificially boost oil prices.

In terms of overall valuation, the total barrel estimate, of oil wells they own the rights to is probably the main factor.

Of course these are generalizations, there are other variables and factors in play.

Looks like Donald Trump managed to reduce the deficit by $12 billion as of 2/21/2017.

At some points in february he reduced the US deficit by $61 billion.



Maybe there is hope after all. 

If bitcoin going from $15 per BTC to $1,000 per BTC over the last 6 or so years didn't end fiat.

Somehow, I don't think the jump from $1,000 to $10,000 would be any more significant.

 

Does cloudflare store one-way-hashed passwords or plain text?

I don't know if there are collision or other vulnerabilities for one way hashes, which is what should be stored if standard security is followed.

The breach could be nothing to worry about.

Thanks for the info btw. I changed my password just in case.

One motive behind democracy is dividing power to make it difficult for dictators or totalitarian regimes to emerge.

This leads to a fairer society and elevated living standards as the power structure is distributed, which makes it harder for any single group or demographic to leverage things in their favor.

Bitcoin being similarly distributed and not regulated by a centralized authority figure makes it more difficult for the currency to be abused similar to how democracy functions.

This could signal Wood Mackenzie believes we're past a point of peak oil.

The implications of that could be a frightening thing as oil is used in nearly everything society needs to function and sustain itself.

The outlook is looking better now than a decade ago, we've found many alternatives to oil in industry and elsewhere.

Still have to wonder if a transition to a post oil world would be a smooth and non-violent one.

There are traders who look at statistics for every day of a trading year to compile which days are statistically most likely to be good for profits.

They'll have a database which compares days monday through sunday in a 365 day year to statistically calculate which day of the week is the most likely to be profitable.

Analyzing big data, sometimes they'll find some months are better than other months for trading.

There are consistent patterns that might emerge to increase chances of turning a profit when looking at statistics like trading volume, buyer to seller ratios and other variables.

Traditionally, this is probably the extent to which most successful traders will go.

There is a lot of math and number crunching involved which may not be for everyone. And even then there is no guarantee of success.

When I think of sharia law, I think of the taliban and ISIS.

The taliban engage in human trafficking, opium production, arms dealing and all types of illicit, illegal, activities. The taliban are essentially a criminal organization. One might say that ISIS is also organized crime and does many of these same things.

What could make sense here is this sharia bitcoin start up will be used by the taliban, ISIS and other pro sharia law groups for illegal things.

This article is from 2015. Wonder if there is an update to it, somewhere.

Sites like shapeshift.io seem to sell altcoins for much less than they're worth.

Sometimes I exchange dogecoins and litecoins on there for btc and only get about half of what they're worth.

That's the closest thing I've seen to a cheap bitcoin.

Valuation isn't cyclical to a degree where prices are required to decline as much as they increase to satisfy laws of symmetry.

It could as easily go to $2,000 and we'll never see $300 or $600 again.

Just as we never saw a $12 BTC again after the price rose above that point.

Bronze was important in the bronze age.

Industry was important in the industrial age.

It might be accurate to say we live in an information age.

Google initially gained success through indexing of information in a meaningful way.

It is possible that formulating a business strategy to analyze, index or array information in a way to make complex data human intuitive is a good basis for developing methods to make more money?

OP if all else fails, you could look into crowdsourcing.

I have seen crowdsourcing programs that offer a percentage for good ideas.

The BTC price increase could be insider trading

There are people who *might* already know the bitcoin ETF will be granted by the SEC.

They're buying now expecting the price to go higher when the announcement is made.

The Soviet Union was not destroyed by war or military action.

The Soviet Union was destroyed by outstanding debt and economic mismanagement.

Rome also was destroyed by debt, expensive foreign wars and similar problems.

There are lessons in the history of these things americans could learn from.

Or they could choose not to learn and have history repeat itself.

Addressing wealth and wage inequality is the best means of promoting socio economic hierarchy in my opinion.

Productivity and technological gains afforded by automation are at all time highs. But the benefits do not trickle down.

Capitalism is but a scapegoat within the grand scheme of things.