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961  Bitcoin / Bitcoin Discussion / Re: Can bitcoin be blocked too by the government or isp ?? on: October 29, 2016, 06:53:34 AM
A government can't block bitcoin directly.
But it can block sites where people have their wallets, such as blockchain.info.
And a government can prohibit businesses to accept bitcoin as a form of payment, maybe even declare the posession of bitcoin to be illegal.
Those measures would turn bitcoin to be useless for people and would be as effective as blocking bitcoin if this was possible.
962  Economy / Speculation / Re: Deutsche Bank: How long before it crashes now? on: October 29, 2016, 06:48:05 AM
From all I know they made a profit in Q3 2016 of 300 millions.
In Q1 and Q2 they made profit as well. I don't see these are numbers from a crashing bank.
Even hedgefonds have reduced their bets aginst this bank in the last weeks again. And they are usually the first who take advantage of crashing companies.
963  Bitcoin / Bitcoin Discussion / Re: Another exchange goes bust. Bitcurrex loses ~2300 BTC on: October 29, 2016, 06:16:11 AM
Would it be possible to create a decentralized exchange running by the same principles bitcoin does?
I mean based on a blockchain? Rewards could be exchange fees. About 0.15 % of each transaction.
964  Bitcoin / Bitcoin Discussion / Re: Bitcoin wallet in bank? on: October 25, 2016, 10:04:25 AM
Bitcoin in banks = anonymity 0%.

This is exactly what they want: CONTROL. Over anything they possibly can. If they could control how much you eat and drink per day, they're more than happy to do so. Having a wallet linked to your bank account would mean your name linked to your wallet... So anytime you'd do a transaction, everyone would know who sent it and to who exactly. And I'm not even going to mention a word about the taxes we would see for using Bitcoin.
I am sorry but I dont agree with you. Let see this in possitive side, if bitcoin wallet in bank, bitcoin will more stronger than now. And also bitcoin will recognized as currency by the goverment. So we can change our bitcoin into fiat or fiat into bitcoin in bank. And it will give the chance of bitvoin to be more popular and the price will e pump higher. Although we habe to pay tax to goverment for using bitcoin. It will be nice if goverment not take a tax of bitcoin.

I think that anonymity is for a lot of people nothing really importatnt.
Sime want to invest their money into something else than fiat.
And if you could combine that with a few services a bank can offer, it could attract a whole new group of people to bitcoin.
965  Economy / Economics / Re: WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022? on: October 25, 2016, 10:00:28 AM
Changing times and fast paced technologies are slowly influencing the ways we do our day to day transactions. Even third world countries are being introduced to BTC, though at a slower pace. It might take more than 6 years before something like mass adoption in far away places take place. People living in remote areas would find it challenging to adapt to changes because of logistical problems and infrastracture limitations.

Exactly. And I think that people over a certain age might have problems to adapt to bitcoins as well.
I do not think that you will find much bitcoin users over fourty. Maybe none over fifty.
But I think that the younger people will still use btc once they have reached that age if they have learnd it before.
So the time when nearly everybody is using btc will be way past 6 years.
966  Other / Off-topic / Re: Bitcoin is a good investment now, because... on: October 25, 2016, 09:53:02 AM
... because the whole crypto currency field is just starting now!
Earlier bitcoin was something for technic freaks and speculants, now it's going mainstream.
Even bigger incidents like hacks could not bring down the price much, so bitcoin can be seen as a stable growing market.
Money can not be invested better than under such circumstances.
967  Bitcoin / Bitcoin Discussion / Re: what happen with bitcoin after not mineable? on: October 25, 2016, 08:16:59 AM
what happen with bitcoin after not mineable?
miner will stop his mining activity ? then how to make bitcoin network strongest ?
and how about the price of bitcoin ?

If there isn't any miner mining then it means that the network will be shut down or on the idle mode, no transaction can be confirmed.

How can a Hero Member say that?
They will still earn money because of the fees and of course the fees will be more higher in the future, so it pays off the halving difference...

People didn't understand me, or I wasn't able to write exactly what I wanted to say, I know that they earn from the transaction fees but my concern was that if there is block mined means that the number unconfirmed transaction will become a mess.
Exactly, I got your point,dude. Because the miners are always confirming every transaction are running onto the blockchain, and a lot of the transaction of I think all of the transaction will not get a confirmatio

Why a lot of transactions will not be confirmed?
Well, nowadays if you put a very small fee, it will never be confirmed... In the future we will just need to put a higher fee, if the number of transactions increase, of course...

Help me here please because somehow I do not get it:
I miner gets the fee when he is the first who confirms a transaction. Nobody else does.
A transaction is confirmed when it is written into a new block.
When all the blocks are mined, how should a new one be found? I don't see how transactions can be confirmed in that situation. And how would a miner could get any fees then?
968  Bitcoin / Bitcoin Discussion / Re: U like [btc]? U have to use a faucet. on: October 20, 2016, 08:02:50 AM
I must admit that I started with faucets.
But faucets were more creative at that time, and the amount they paid was worth at least a little something.
These days faucets are flooded with advertisements in letters I can not even read and you get 100 Satoshis per claim!
100 Satoshis! If you are lucky! With the chance to get a nasty virus that destroys your computer. That's ridiculous!

Nobody today can make amounts with faucets that are worth the time you put in it. Not the user, not the owner.
The only people who profit from faucets are the ones behind the bot atacks. And I really don't want to support those.
969  Other / Off-topic / Re: What's your least favorite thing about Bitcoin? on: October 16, 2016, 06:47:42 AM
At the moment it is the fact that it depends on the good will of of the person who got the payment to give you what you have paid for.
Just recently I made a deposit at an exchange that did not show up in my balance at the exchange.
The transaction was correct and confirmed several times, but it somehow was not included in my balance.
After a few days and emails to the exchange the problem was solved and I got my coins, but the opportunity of the altcoins I wanted to buy was gone.
It made me realize how dependant to the correct behaviour of the counterparty we all are when we use bitcoin.
970  Other / Beginners & Help / Re: How do I give BTC away? on: October 16, 2016, 06:37:03 AM
I want to give the smallest practical amount of BTC to friends and family to introduce them to it.
What is the best way to do this?
What are the smallest amounts that can be sensibly transferred?
Thank you.

In terms of BTC, I think you should gift them no less than BTC0.10. 1 tenth of a bitcoin is small, but enough to make people understand they have a fair portion of a full coin. If you give them something less it will feel insignificant. People using fiat aren't familiar working with or realizing the value of less than a tenth of basic denomination, e.g., no one sees value in having 7 cents, but a dime or more is something.

Now the challenge is that a tenth of a bitcoin is roughly $60 right now, not a cheap gift! But you could wow them with the amount of things they can buy with just a tenth of a bitcoin.

Giving away 10% of one bitcoin is quiet a lot for most people. About 64 dollars at the moment.
For most people I do not spend that much for christmas.
A bitcoin advertisement in such a high range just for one person does not seem to be appropriate to me. Even if it's for family.
Unless the givig person is a millionair.
971  Other / Beginners & Help / Re: Anything smaller than a satoshi in BTC? on: October 15, 2016, 06:16:47 PM
In bitcoin there is nothing smaller than one satoshi.
Maybe an altcoin can be devided up into smaller fractions worth less than one stoshi, but I do not know that.
In general I see no point in transactions which are so low.
972  Other / Off-topic / Re: Are you buying bitcoins? Why? on: October 15, 2016, 05:17:11 PM
I buy my bitcoins when I want to make a payment with them.
There is no big time between the moment when I buy the coins and the moment I make the payment using them.
Of course the amount of bitcoins I buy is always a little bit more than the amount I need.
The difference goes to my savings wich I keep in case a big price increase comes.
973  Other / Off-topic / Re: Currently, what's your way of generating Bitcoins? on: October 15, 2016, 05:07:22 PM
Primarily I generate my coins when I buy them for fiat.
Then there is my signature campaign, that gives me a little bit extra.
I did some trading, that that earning option is on hold at the moment for me.
And then I have started to do some advertisements, but that is not going well at the moment. Maybe it will with time.
974  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin make Banks disappear? on: October 14, 2016, 03:12:35 PM
I see no way that a crypto currency can be any kind of competition to a bank.
For that, the amount of money that's in the whole crypto market is way too low.
Besides, bitcoin is only a way of payment. Banks provide much more services than that.
975  Other / Off-topic / Re: How would you help with bitcoin? on: October 13, 2016, 02:51:19 PM
I could imagine myself supporting some bitcoin startup business.
I think those businesses are the backbone of bitcoin, because they make up the difference between bitcoin and altcoin.
The more bitcoin related businesses there are, the stronger and more stable bitcoin gets
976  Bitcoin / Bitcoin Discussion / Re: Bitcoin Future on: October 11, 2016, 08:58:52 AM
I see the market for crypto currencies growing.
And because bitcoin is by far the coin with the largest market capitalization and the bitcoin community itself is growing as well, I have no doubt that at least the nearer future of bitcoin is a bright one.
Of course smaller setbacks can happen, hacked exchanges for example. But bitcoin has already proven that it is strong enough to handle that.
977  Economy / Economics / Re: What if US Dollar Crashes? on: October 11, 2016, 08:52:24 AM
I am wondering what would happen to bitcoin.
Bitcoin is mostly traded in dollars. Does that mean that if the dollar crashes, the bitcoin would crash along with it?
Or would the bitcoin be worth just much more dollars?
978  Bitcoin / Bitcoin Discussion / Re: Bitcoin IS basically DESTROYED on: October 11, 2016, 08:24:21 AM
From where I sit bitcoin seems to be pretty much alive and operatable.
Over 2% raise during the last 24 hours, that's something not only bitcoin, but also I can live with!
Hope to see more of these days!
979  Bitcoin / Bitcoin Discussion / Re: Do you think bankers will destroy block chain tech, decentralization, bitcoin? on: October 10, 2016, 05:05:37 PM
I don't see banks as a threat for bitcoin.
I think that bitcoin is simply too unimportant for them to even care.
As far as I know they are happy for every person that pulls their funds off the bank account.
With the technology of the blockchain it can be different. But I don't see that as concerning as well.
I don't mind if every bank has their own blockchain, that's why I am not taking any measures.
980  Other / Beginners & Help / Re: Some startup advice please on: October 10, 2016, 04:40:38 PM
The best advice I can give:
Don't believe everything you read here or what people promise to you.
If an offer sounds too good to be true, it most likely is.
Using your head can save you a lot of trouble, and coins.
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