Wow, Dortmund is back to top performance right now, their match always win with many goals. The final score VfL Wolfsburg vs Borussia Dortmund is 1-5 win for Dortmund, another big win for Dortmund.
That's because Tuchel made very good signings this summer. We have seen both of them score one goal each versus the game with Wolfsburg last night. Guerreiro and Ousmane Dembele will become key superstar players in Dortmund as they develop. They are both young and posses good skill. They are also very lucky to have a good manager. I hope he will not leave us soon like Klopp.  |
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The Gavin Andresen/Mike Hearn hard fork proposals were very likely bankster moves against Bitcoin (as both have connections with either the banking or corporate establishment). They proposed to put huge unnecessary loads on the network, and dialed back the size of the extra load they proposed by several factors, several times, and still their plans were rejected.
The hard fork mechanism is important if there is a genuine disagreement on direction, or if the ethics of the repo maintainers become significantly questionable. We don't have that problem though. The problem was hard fork proposals that intend to install rogue development teams, not the current dev team.
What did we do? We argued against it, successfully, against an army of shills. They're re-mobilising right now, and it's hilarious.
I did some research about the Gavin Andresen hard for proposals and I did not realize that what you are saying is true. It was a proposal disguised to help the Bitcoin network scale but the true purpose of it as driven by their self interest. If the miners and the community unanimously decided to side with XT then they would become the new developers to follow in Bitcoin. That was very conniving of them if it was indeed what their purpose was. Are the re-mobilising again? Where? I do not see any of the sort in the forum right now. |
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I have a hypothetical question. Let us pretend that a hard fork indeed happened. For this example let us use BitcoinXT as the new version to be used in the fork. If the hard fork ended up like the one that happened to Ethereum, who is to blame and what should be done? Now we have two Bitcoin chains and both have die hard supporters unwilling to let go for each.
The horror, the horror.  Are we afraid of the wisdom and function of free market capitalism? You know... that thing that's supposed to underpin the incentives of Bitcoin? The price is besides the point here. The thing to learn from the Ethereum hard fork is that there were factors that they did not anticipate that would happen. Instead of doing only the hard fork, the original chain lived on and became a competing chain. The effect of it on Ethereum may be minimal because the network is quite young. So yes they have that luxury to make drastic measures. My question is how will this affect a more established blockchain like Bitcoin? |
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I have a hypothetical question. Let us pretend that a hard fork indeed happened. For this example let us use BitcoinXT as the new version to be used in the fork. If the hard fork ended up like the one that happened to Ethereum, who is to blame and what should be done? Now we have two Bitcoin chains and both have die hard supporters unwilling to let go for each.
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Do you think that one day you could open Bitcoin wallet in your bank, along with your.ordinary bank account? And will banks have their own wallets? Or maybe they already have? There are some rumors that some banks are preparing themselfes to addopt the Bitcoin and give it to their clients as a new service?
No. Bitcoin was designed to bring back the control of money back to the people. Why would you want to store your Bitcoins in a bank if for some weird reason they started to offer it for deposits. You are in effect giving them control of your money and they will start exploiting it by using your deposits and start offering "products" to businesses and borrowers. I hope you get the whole point of Bitcoin and be on your way. |
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it's weird, but somehow bitfinex is gaining back trust in the market as once again it started initiating a pump where china followed with a massive green candle. take a look at the charts and you will know what i am talking about.
Even ten days later after making this thread there are still no lawsuits against the founders of Bitfinex which really surprises me. I have been waiting for some regulator in Hongkong to at least start questioning Bitfinex's business practices. At first they socialized their loss and made their customers pay for that loss by reducing their balances a certain percentage. Next was they issued tokens to their customers which is a highly questionable move. |
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It's consolidating, that's all. Probably shoot up pretty soon.
It could also go the other way. If you look at the daily chart you could see that more clearly. I still stand by my statement that before Bitcoin can start moving up again, it has to go down first. Maybe I made a mistake by saying that it will stay at under $600 for a long while, then move down to the lower $500's before moving up but taking the amounts aside, I still believe that it has to go down a bit before going up. Right now there is now buying going on, why? Because it is a seller's market. The sellers have to sell everything, move the price down and then that becomes a buyers market because many could get in at a bargain. As the buying increases, so do the price of Bitcoin. |
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For those of you who think that Bitcoin is unhackable I urge you to think again. I am not not talking about traditional hacking as in a hack against the core software. I am talking about perception. HACK: http://www.dictionary.com/browse/hacked?s=tto damage or injure by crude, harsh, or insensitive treatment; mutilate; mangle:
Many people overlook this unprotected area of Bitcoin and may not have contingencies planned out accordingly. These are just a few examples of how Bitcoin's image gets hacked. http://www.wsj.com/articles/in-the-bitcoin-era-ransomware-attacks-surge-1471616632http://money.cnn.com/2016/08/03/technology/bitcoin-exchange-bitfinex-hacked/http://www.coindesk.com/european-union-proposes-tighter-bitcoin-controls-panama-papers-response/http://www.coindesk.com/us-treasury-bitcoins-use-to-fund-terrorism-remains-unclear/http://www.smh.com.au/world/australia-to-regulate-bitcoin-under-counterterrorism-finance-laws-20160808-gqnne2.htmlhttp://www.defenseone.com/threats/2015/02/terrorism-finance-trackers-worry-isis-already-using-bitcoin/105345/Remember that Bitcoin's inherent disruptive nature (technology disruptor) adds to the already uncertain global financial stage. With this in mind I would like to point out an alternative for you to consider when Bitcoin's image is under attack. Gold and silver has been around for a long long time and many of you are already aware of its existence in bullion form. However, some overlook the fact that gold and silver provide the physical backbone of Bitcoin's existence. That equipment you use to mine Bitcoin contains gold and silver. That PC, tablet, or smart phone you are using to make transactions with or make a trade contain gold and silver. In the form of gold plated contacts down to that Rohs compliant solder which contains one of the best conductors in the world (silver) precious metals are there to help make Bitcoin tick. Without the precious metals and a host of many other raw materials Bitcoin obviously would be nonexistent. Unlike the other raw materials, precious metals has been monetized for thousands of years. They have always been considered a safe haven in times of uncertainty. Here are just a few of the perks of expanding your portfolio into precious metals:-Gold and silver has been backed by governments around the world since the 1980's. The United States, Canada, Mexico, Australia, China, Great Britain, and Austria are all countries that have put into law that they must provide it's citizens with gold and silver bullion as needed by demand. -Precious metals can be used in Individual Retirement Accounts ( https://en.wikipedia.org/wiki/Gold_IRA) -You can protect your hard earned Bitcoin profits from exchange related hacks that cause the Bitcoin price to plummet unexpectedly. If you are interested in exchanging Bitcoin for precious metals in attempt to solidify your investment portfolio do a google search and you will be sure to find some reputable dealers that offer up such a service. https://www.google.com/#q=buy+gold+with+bitcoinOnly a fool puts his/her eggs in one basket. Well, they have been trying to "hack" Bitcoin ever since the media portrayed it to be this "anonymous" internet money that cannot be traced back when the first stories about the Silkroad hit the news. Yet here it still stands today. But I agree with you that it would not be a wise investment strategy to put all his/her eggs in one basket and your suggestion to invest in gold is also a good and wise advice. That said it does not mean that we should stop accumulating Bitcoins. Maybe at these prices it would be bad but if it goes down to $400? Then I will not mind buying more. |
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So I guess this guy might be the muscle of the group then?  Name: Marcos In all seriousness I found it very surprising that there were guns in the premises. A combination of drugs and guns is a mix that will make someone think that they are a part of a cartel or involved in something like it. Did the news say how much cocaine there was in their apartment? I do not think it was mentioned in the article. |
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Voting = Anonymous and Bitcoin = Pseudo anonymous. So if someone can figure out a way to make Bitcoin or any other Alt coin 100% anonymous, you will have a better solution for a voting system. It would be devastating if a dictator can use a technology to figure out, who voted against him, and then target those people with violence.  Haha. Yes good point. But would it be possible to create a sidechain for this purpose? Also would it be possible to create this sidechain as anonymous? The possibility of creating and using a platform for voting will bring elections of our leaders to the way forward. It will make trusting a third party not needed anymore and we ourselves could organize the voting process with the help of technology. It puts democracy directly in the hands of the people which is a really good thing. |
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If you are really serious about this and you are not trolling, then I would suggest that you contact a Bitcoin mining company like Bitmain or someone who has been doing this as a profession for years. $2m is no joke and so is building a $2m Bitcoin mining farm. You need careful planning and careful study to help you become successful.
With the current mining reward, 12.5 BTC, is it still worth it to build a farm and mine? Don't the present mining farms have the advantage over you in this competitive industry?
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If you are going to rely on donations then that would be a failing solution right from the start. That is hardly a stable way of incentivizing the people who run the nodes. I made a post about the Spreadcoin idea right above yours. Please take time to read what they are trying to do and tell me what you think. Could that be a good resolution to the problem? Of course I am not suggesting we use that cryptocurrency. But what do you think of the idea in general?
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Just trying my luck getting in this campaign. Tbh I am currently in another campaign now so I cannot change my signature, please understand. But I will change it if I get accepted. Thank you.
Here is my Bitcoin address 1K8YU541hTAEyjvpXvbXSQEKCmSXXesfHT
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So I ask this. Was there ever a profitable cloud mining site? Is there one now? Please post your answers and I will try to do my research on your service to see if what you are saying is true.
By posting your favorite cloud mining site here, we have to first assume that they are not profitable and have to be proven otherwise.
Back to two years, i remember seeing people talking about cloudmining and how profitable it is, of course it doesn't mean making thousands of dollars  I didn't have bitcoin that time nor the experience to search about how legitimate/profitable they are but the two that comes in my mind are : cex io (closed) and the bitmain's PACMIC +/- genesis mining For now it is hard for me to believe that there is a profitable cloud mining after the halving and the increasing difficulty... What do you mean by "it doesn't mean making thousand of dollars"? If I invest $20,000 in a cloudmining site like what you mentioned, Genesis mining, are you saying that I will not be able to make thousands to get my investment back and earn from my contracts? To the people who have tried Genesis Mining. If I invest $20,000 in Bitcoin mining contracts, how much would I expect to receive and earn monthly? |
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OP, thank you for sharing the article. I wish they could tell us more than they could allow but that would be a lot of risk for them.
The the dark net market still growing at a fast pace. I think that this is also only the beginning and we will soon see more and more of these marketplaces and vendors go online because there is no way those people can avoid using the technology to make their jobs easier and safer. I believe there will also be other services that will go to the dark net in order to go around and avoid laws and regulations. The underground gambling sector will be next to go there.
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I was thinking, if a candidate of another party supported Bitcoin, would you change your normal vote to support that candidate or will you stay with your original choice or the party you usually vote for? How strongly do you feel about Bitcoin? Strong enough to switch votes? How much weight does this add to the final decision you have to make at the voting stations? Let's see, if you would switch and why. Is this a trick question?  To be honest I think it will depend on who the candidate is. If the candidate supports Bitcoin but he is known to be corrupt, stupid or incompetent then why would I vote for him just because of that? The future of the country should not depend solely on because he supports or not supports "X". Your vote should go to the candidate who will look out for the welfare of your country's citizens. Voting for someone just because he "supports Bitcoin" will be stupid on your part as a voter. |
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SFR10, thanks for the payment.
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Common sense will tell you that most of the cloud mining operations will not give long term profit for its customers because Bitcoin mining is very competitive and the difficulty is always rising as there are more and more mining rigs added to mine the coins. We have also seen many cloud mining operations closing down and most of them did not even gain return on investment for customers.
So I ask this. Was there ever a profitable cloud mining site? Is there one now? Please post your answers and I will try to do my research on your service to see if what you are saying is true.
By posting your favorite cloud mining site here, we have to first assume that they are not profitable and have to be proven otherwise.
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Blockchain for me is the safest wallet in the bitcoin world because it is the center wallet that transact all bitcoin in the cyberworld. It has also a fee so therefore there is a tight security there than other wallet. Coins.ph for me is second wallet that most safer because I use everyday but I dont have scam in my wallet. It has 2fa program which is an advantage for the user.
It might be the safest for you but that does not mean you are right. Trusting a 3rd party with your Bitcoins should be avoided especially if the amount is very huge. What you are doing is not a good practice to teach for newbies. The best and safest way to store your Bitcoins is either thru cold storage or use a hardware wallet. |
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Expectedly only a small number of people know about Bitcoin in my community. Maybe around 10 people?
If you think about the evolution of money historically, it took a really long time for the people to finally accept paper money as something that really has value. A quick google search will show that it took around 400 years for them to finally let go their gold and silver coins to use paper money. It was a very slow process so I believe it will be the same for cryptocurrencies. Maybe not as long but still long enough. It could reach 50 years before we could finally all let go of our paper money to use cryptocurrencies, and that is optimistically short because it could take a longer time.
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