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Well, if you're sexy you can start doing camshows online there are sites that allow you to do that. If you're not a woman you'll probably have to not only have talent but also be willing to do some things which might be a little out there.
Then again you can do signature campaigns.
You can try your luck buying and selling things. If you find ways to sell bitcoin to locals and buy/sell from an exchange, or refilling amazon gift cards/ picking up steam games on discount and reselling them. (there is someone already doing these two things).
Something troubles me, you're the second person I've read who claims their Bitcoitalk account was hacked in a very short time. How did this happen?
Do you have the account name? Is it still active?
Theymos will probably give you the account back if you can prove you control a bitcoin address that the account had received bitcoin in and if you were in a signature campaign that should have happened.
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None at all. If I had bought when the prices were high I sure as shit wouldn't sell the bitcoin just to actualize my losses.
So wealth wise, bitcoin has been a net positive for me.
But it doesn't end there, Bitcoin makes me believe that this broken system can be fixed. All we need to do to truly thrive in a capitalistic system is remove the parasitic losses incurred by the bankers and their friends. When I can transact freely with anyone I wish the gains can not be easily quantified.
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I remember when some of the first alts started coming out, I would jump headfirst into them and mine the early blocks. Mining is fun, solo mining is even more fun. Solo-mining and getting huge rewards is almost addictive.
I didn't really earn much though, maybe I should dig through my old laptops to find private keys for these cryptos but it would probably not be worth it.
Still, I think that even now the times are exciting, we have people like andreas antonopoulos and a ridiculous amount of scams and almost 2000 alts just at coinmarket cap. (1993 at the time of writing)
One of my favorite times was right before we hit $1000 for the first time (bitcoin price). Some members of the forum (me included) were planning a huge party in Germany, there was tons of optimism. Then Gox happened.
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Since you only have to do transactions to put a balance on coinbase and then can spend it over multiple transactions, does that help scalability?
I firmly believe in keeping your own private keys but I think it's an acceptable cost to give up ownership of a small fraction of your bitcoins and trust coinbase so you can do a few everyday transactions.
I don't know where exactly to draw the line but it would be 0.5-10%. Obviously a lot less if you have a large amount of bitcoin.
Are those services good for the ecosystem in total? How does it all work? Who gets the processing fees from the merchants running the Point of Sale?
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Bitcoin is dependent on Fiat. It's value is determined by Fiat. You do not have any other way to measure the value of any commodity.
It is a cryptocurrency which means it only works on the internet. But in actual world it is still dependent on Fialt.
It is decentralized which means it cannot be controlled by the goverment nor any individual entity. This is the reason why Goverments of many countries have Banned Bitcoin trading. This proves that Bitcoin is providing independence from Government control to the users
No, Bitcoin is clearly independent. As it was earlier stated by user BitcoinPanther, when the bitcoin price was soaring, the purchase power of the dollar was falling. So the value of bitcoin is independent of the value of the dollar. Also the value of commodities is independent of the value of the dollar. A hamburger is going to be valuable regardless of the value of the dollar because of consumers wanting it. Dollars are just pieces of paper, there is no scarcity to them. Bitcoins are nothing but ledger entries but those ledger entries represent a whole lot of work so bitcoin stores value. Dollars don't really store value but are forced into acceptance by the government. Bitcoin is clearly superior, we don't have a government forcing it into usage and it's still used to capacity. Just wait till layer 2 solutions spring up and watch the bitcoin soar while the dollar stagnates. |
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It's good to see that regulators can look through all the FUD, the scams and the crashes and come out of the other side supporting Bitcoin, honestly I'm surprised.
South Korean adoption is important because they are one of the most highly advanced societies technologically speaking. There's a reason they're cranking out top e-sports players every year.
I would expect the earliest places to hit mass adoption to be countries that have real problems with their currencies (hyperinflation) but perhaps it's going to be countries like South Korea where there's more people ready to understand the technology better, at least until it gets polished enough for the everyday user.
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Women will follow with the mainstream. We're not truly ready for mainstream adoption so we shouldn't actively go after the women right now.
The suggestions in the OP are good and will take while to implement.
A flashy new client with a good interface would draw in a lot of men as well as women.
To be honest, I'd love to have the option to use a pretty interface/gui with a polished user experience.
I think that may be the second step to getting women into crypto. The first step will obviously be mass adoption and the first step to mass adoption is scaling.
And scaling leads to the dark side (jk) Scaling leads to bitcoin being closer to the whitepaper uses, micropayments and what not.
If we can do micropayments apps and mobile games can use it and women use those as well.
The advertising aspect in the OP is genius, this would do wonders as well and it's actually true, not false advertisement. I love it.
I'm glad this post was brought back from the dead.
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Well, the first mover advantage is huge.
Bitcoin can offer the best security due to its size. It can also offer the most liquid markets, price doesn't change much if you do big transaction.
It takes less space then Ethereum to run a true fully validating node.
On the long-term bitcoin can remain top dog, due to the fair distribution and name recognition it has as well as the factors mentioned above.
When you think crypto-currency which one comes to mind first?
Which is the least volatile?
Which has the biggest hashrate?
Bitcoin.
Soon, the inflation from miner rewards is going to drop below the inflation of The US dollar from money creation. I think this is the equivalent of bitcoin going from being a child to an adult.
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Here's the original quote: Right. Otherwise we couldn't have a finite limit of 21 million coins, because there would always need to be some minimum reward for generating. In a few decades when the reward gets too small, the transaction fee will become the main compensation for nodes. I'm sure that in 20 years there will either be very large transaction volume or no volume.
People should really go back and read his old posts here on the forum. They provide a lot of insight into why Bitcoin was designed like it was. As it turned out, the block size limit Satoshi added is a very important mechanism for generating the fees required to compensate miners. Without some mechanism to disincentivize spam and drive fees up, we would have a tragedy of the commons situation, where everyone takes up block space without paying for it. That can't work where there is a limited supply of coins -- with each halving, miners get less and less subsidy. Eventually, they'll only get transaction fees. We need to incentivize miners to secure the network. With the full quote satoshi's vision is laser focused. It might now seem obvious but hindsight is 20/20. Thanks squatter this is exactly the kind of post that deserves to be merited, doing legwork and offering insight as well, if I have any merit left I'll send you some. |
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I'd like to hear it from any palestinians in the forum. If bitcoin is so popular there right now, there should be accounts of palestinians doing business in here.
It makes a lot of sense that a country that is being actively destroyed by another would need something like bitcoin to transact.
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I don't want to click on a facebook link for a story, is there another source for it?
The idea of using blockchain data for evidence is obvious but it's going to be difficult to link people to UTXOs unless they can make a good case.
Eventually we'll have decentralized aliases (like in Syscoin) and it might be a little bit easier for the government to pin the alias activity to a person.
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"I'm sure that in 20 years there will either be very large transaction volume or no volume." -- Nakamato Satoshi
Is Nakamato Satoshi the same as Satoshi Nakamoto? I'd like to see the source of where he said that if you have it. It's an interesting quote. I've touched on something similar in a thread I made a while ago, in which I explained that we don't truly know which scenario is going to unfold in the future. Anyway, I think that Satoshi had a vision and we're seeing it through, I don't blame him for disappearing. Also, just because he's not publicly here, that doesn't mean that he's not observing or posting/developing under a different name. |
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Yes, we may not have as many people as we did during the bull run, but we have more people than before it.
And the same thing will happen over and over again.
Don't be disappointed, the good ones stay, that's what's important. The people who are chasing profits (but too dumb to actually get them) will hop on and off the bitcoin train.
Good ones will step in with the rest. The bad ones will jump off and be left behind, only to climb back on when we've made the technology better.
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Is this bizzaro world? This post has gotten everything wrong.
It used to be that mining bitcoin with ordinary laptops was possible, when the difficulty was low.
The last time mining Bitcoin with laptops was profitable was 2012.
You'd get nothing out of it, you'd overheat your laptop for long periods of time, eventually you might even do damage (by subjecting all the components to high heat).
The only way you'd mine on your laptop would be to connect a small enough miner to it.
Also mining pools are as old as dirt in this space. You don't need any special company or software to do this.
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I'm have begun making a few purchases via Bitcoin and Ethereum. Most of the opportunities I have to use crypto revolves around storage and server services. I have had nothing but luck requesting a crypto option and getting it when purchasing technology services. Unfortunately I live in northern Canada and there are more bear than people around me. I don't even want to know what would happen if I went down to the local tavern and tried to use Bitcoin.
I'm also going to scale back my bounties. I have been using a quantity approach but i'm seeing the game evolve to a quality oriented system which in the need is much more beneficial and much less work. It seems like the bounty hunters are creating a disaster in this forum so I'm going to cut back.
I do own a farm (apple orchard and raspberries). Once again I am in the wrong part of the country however maybe I will create a sign and give a discount for crypto use however I doubt I will get many hits. i get lots of mothers and kids doing pick your own berries. It would be amazing to transact with my fellow countrymen without using central banker scum notes.
Any chance Bitcoin is a government creation made to tax transactions? I worry we may be unknowingly ushering in a tax system for the elite but it may just be paranoid thinking.
You're definitely one of the early adopters and kind of like me, libertarian leaning and actually using bitcoin every now and then. I don't think bitcoin is part of the government, that'd be like shooting themselves in the foot. Don't let the paranoia take control of your life. Bitcoin solves real problems, yes, it also creates new ones. If you're smart enough, you can completely avoid the government in your transactions and you can even legally avoid the banks, which get their power from the government in a round-about way. Technically you're constantly breaking a bunch of laws all the time, (if you live in the US), so to a certain extent you have to pick and choose. Follow reasonable tax laws by all means but don't rat on yourself for buying a box of chocolates over the internet or in person using bitcoin, you don't have to. |
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He probably never had the private keys.
As Andreas Antonopoulos says. Your keys, your bitcoin, not your keys, not your bitcoin.
And I really wanna like 50 cent, I really do, he's a good rapper, but that was a stupid move. If he had it in his possession he should have kept it quiet.
With bitcoin wealth, you can prove that you have it, but proving it is the dumbest possible in a sea of options.
You'd make yourself a target.
Thankfully I don't have much.
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Why is the price going up? Aren't we supposed to be in a bear market?
What the hell guys, we're doing it wrong.
Bad Alt! Bad Alt, when bitcoin is down, you should go down too!
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Warn all the noobies, when you have electronic cash that is truly decentralized, of course you're going to have more fraud.
I think people will get into bitcoin once they realize they can save money and that they can truly be in control of their life. Since bitcoiners will have an advantage (getting the bankers-leech class) off our backs, others will follow.
We're not there yet, we don't even have scaling figured out. So give it time.
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Well, if your recommendation is wise, there will be no problems.
If your recommendation is to sell their house and buy bitcoin because this f...er is going to the moon in 2 years, then you will have problems in 2 years. Most likely.
My recommendation is for them to buy a small amount during the dip so they can get to play with it and potentially get a discount on it.
My only real investment recommendation was to buy in at $8... No-one listened. It was "too expensive".
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for years the community have discussed the common terminology of the future
and it became apparent when the time comes that saying 'zero point zero zero" gets too irritating that we would use 'bits' (100 sats) instead
EG gallon of milk = 500bits
...
also the mbtc which is 10,000sats gets more confusing with the word Milli and Micro,, where micro is actually (ubtc) which is only 100sat
because if we started doing mbtc (10,000 sats) it wont be long before people (as you shown above) would start saying 'zero point five' for a gallon of milk or 0.1mbtc for a litre.. or "zero point zero five mbtc" for a pint of milk
so its better to skip the mbtc and go to ubtc (100 sats) aka 'bits'
the whole is a 'Mbtc' a milli or a micro. is confusing conversationally anyway.
and also milli is just a temporary thing which by the time it becomes common. its time to change again.
so much easier to just jump to 'bits' (100sats(ubtc(microbtc))) so that people can get used to on a more permanent terminology that 1 bit has 100 divisions. which most people around the world are used to
That actually makes a lot of sense. I'll changeover to bits as well. It's also very easy to switch from bits to satoshi and back. We're all used to cents (United States with the dollar/ Eurozone with the Euro) Edit: I think I just posted an off-topic reply to my own thread. This edit is making the post meta, thus restoring it to on-topic-ness. |
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