I just heard about this too. Which brings me to a question. How is Circle as a service for payments? Have some of you actually used it or is using it right now for your daily stuff like paying for coffee in a cafe? I believe this will be a very big thing especially for us Bitcointards. I also see this as Apple bringing Bitcoin payments to the world which make me think that they could be on to something here. Because why not use Apple Pay and use Circle instead? I believe Apple always finds solutions in their walled garden, unless I missed something.

Maybe they are in the process of buying Circle?

What do you think of this proposal by the people behind Spreadcoin?

http://spreadcoin.info/news/proof-of-bitcoin-node-white-paper/

They are proposing an idea called "Proof of Bitcoin Node". I only made a quick skim on the link above and I have not fully understood it well, but the first impression I got from it is that PoBN is basically another layer on top of Bitcoin that gives incentive to the people running Bitcoin nodes thru big data mining.

Now I am not much of a technical person so it would be nice if someone explains what Spreadcoin is trying to achieve and how big data plays a role in their idea.

Hello SFR, I just noticed that I became a full member. I will start wearing the avatar too for the extra bonus. Thanks!

Let me ask you this. Why is it that bitcoin has very high volatility? One day it is down below some price from a decently high price then the next day without any warning to goes up really high. After that it goes back low again. Is that not a behavior of something traded being pumped and then dumped?

We all give excuse and deny the fact that bitcoin is being pumped and dumped from time to time and justify that by saying that bitcoin is "naturally volatile". The day that bitcoin's volatility becomes low is when the price reaches $10,000 per coin. Let's see how pump and dumping traders move that.

For debit card deposits I would recommend you go check 247exchange or cex.io. Those are the only two exchanges that I am aware of that are accepting debit cards and credit cards.

If you find them not to your liking then I would suggest localbitcoins.com. But make sure you only deal with verified sellers. You will have to deal with cash, not your debit card.

Well what do you expect? Nothing can escape the government's hand in taxing anything. To be honest with everyone, I do not want bitcoin to become mainstream. Experimentation and pushing the technology forward should be the top priority, not making money. So a bitcoin that is not defined by any government entity and free to become what it is meant to be is more valuable to me than BTC going "to the moon".

I would not be too excited about that. When the government makes a move that makes you think it is on your favor, you should beware. By "legitimizing" bitcoin and giving it "form", they will make other laws to make it something as they want it to be and how to regulate it. That will give bitcoin borders and limitations when it was supposed to have none. I do not exactly how everything will turn out but when there is government intervention, it is not always good.

Keepkey looks good and what I like best about it is it works well with Multibit HD from what I read. I do not own a bitcoin hardware wallet yet but I think my btc savings need to be transferred in one so I can sleep well at night.

I am still undecided whether to get a Trezor or a Keepkey. For the cheaper price I might go for Keepkey.

The best service to ask something like this would be Shapeshift. They will give you a better answer than a theoretical one because their services is based on accommodating and holding many cryptocurrencies. Plus they have to make everything running well and be stable every day, all year long without any down time if possible.

Search the service announcement thread for Shapeshift and start asking there. From there maybe the could refer you to their tech people or maybe even their developers.

Can bitcoin use dynamic block sizes like the one Monero uses? That could be the future of all cryptocurrencies and I am all for experimenting on it using a testnet. For now the core developers can raise an argument that there is no need to increase the 1mb per block limit. But they have to plan it well when to change the block size limit or use dynamic block sizes. They cannot avoid the issue and take it lightly because there will come a time that they will have to increase it.

I do not know why you are all taking OP so seriously but is there a chance that he is trolling? I have seen him before at Politics and Society and some of his threads are conspiracy theories that are way out there.

But for what the idea is worth maybe a food token could be worth something. I am thinking something like "crypto food stamps" that are accepted in exchange for food items in a grocery store. They cannot be counterfeited, double spent and the transactions are transparent on a blockchain.

I believe XMR is the safer option if you want more anonymity. Bitcoin mixers are centralized services and could be compromised be hackers or maybe even investigated by the authorities and be forced to show the inputs and outputs that came thru their mixing services. Dash's master nodes are also vulnerable to attacks and government investigations. Some people also think there is a possibility that they could collude.

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Name: Wind_FURY
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Btctalk name: Wind_FURY
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Hello. I would like to join this campaign again. Thanks.

Name:  Wind_FURY
Post count:  325
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Bitcoin address:  1K8YU541hTAEyjvpXvbXSQEKCmSXXesfHT

Thank you for the payment and thank you for the opportunity.

Bitcoin is always "on its way to $1000". The problem is we do not know when. There will also be times that it will go low for a long time and in my opinion that is the best time to buy. At prices under $5000 - $10,000, BTC will be volatile because it's movements go in the hundreds or more. Percentage wise that will be very volatile. BTC needs to reach the price of $10,000 or more the the hundreds of dollars of volatility to be negligent.

In the very long term I am a believer it could really happen. But the problem is the question when?

Next time it would be a good idea to increase the transaction fee that you give to the miners. An idea I use is to look at how much the suggested fee is by clicking send at blockchain.info and then put the amount and then go to advanced settings. From there you will see the suggested amount of transaction fee needed to assure you that your transaction gets included in the block. The fees are always over .0001.

This is the sad truth of it all. Because it is in our very nature to be greedy for a lot of things, money and power being on top of the list, any voting system in place can be rigged and can be gamed for the interest of an individual or group. The challenge here is to set up a fool proof system that disallows this. With the current developments in crypto technology I believe we are getting close to finding a solution.

cex.io was hacked? I have not heard about this. Please post more details about it and when it happened. To my knowledge I have not heard or seen any hacks that involved cex.io funds being stolen.