Hmmm... 150 BTC valued at $11 when he accumulated them. At least he didn't invest too much money into it. There are guys who send much larger amounts as transaction fees.  |
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Bitcoin’s Price Tanks as Coinbase Pivots and Users Complain Bitcoin is being tested like never before as one of the biggest and oldest Bitcoin company, Coinbase, announced their exchange will be renamed to Global Digital Asset Exchange (GDAX) to support Ethereum trading. A first for the four years old bitcoin company which has never added any other digital currency. https://www.cryptocoinsnews.com/bitcoins-price-tanks-as-coinbase-pivots-and-users-complain/Why did they have to change their name for this?  Doesn't it just dilute an established brand? |
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Every time somebody talks about Bitcoin CEO, I wince. After all these years, you would expect media publications to get at least that one right.  |
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A Bitcoin bank? I think that won't be possible. Even tho if any bank would do that, I'm pretty sure there will only a few people that'll interested by it.
You forget that people are greedy. If a bank offers me interest at very low risk, I would consider giving them custody over my coins. |
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A lot and usefull information you letting me know about all prediction and period in just one single post,well the concept of bitcoin distribution its amazing,and at the moment all people know thats there is a limit till 2140 but the question is what will happen in 2041 as the mine will be over,miners wont turn off,otherwise the security of bitcoin would be lost.
Transaction fees will take over. In any case, we will all be dead by then. Btw you wrote 2041 instead of 2141. |
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Second SWIFT Network Breach Shows Need For Distributed LedgersWhile some financial experts feel it is still too early something as significant as distributed ledgers, the question becomes how much longer they can afford to hold off on this inevitable change... read more Swift is a legacy system. Banks have some inertia towards adopting new systems. Once the security of blockchain systems is adequately demonstrated, they will shift en masse. |
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This is to be expected. If the real Satoshi had decided to come forward, no development in the bitcoin world could expect to overshadow that. |
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If I understand whole idea behind Bitcoin, it's most about decentralization and anonymity. So, I don't think I will ever like idea to go to some bank, show my ID and deposit Bitcoin. OK, for some people this can be fine idea but not for me. I'm perfectly happy with my BTC wallet  Maybe this is good idea for people with a lot funds and desire to invest Bitcoin in the market or get bank loan. You are thinking of conventional banks. A bitcoin bank could be totally different. Send bitcoins from your wallet to an address of the bank. Sign messages with your private key and operate your account! |
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Why give it to the foundation?
Why not send it back to the poor soul who sent those transaction fees?
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You already have to be a member of the largest social network (Facebook), to become a member of this new social network. Great way to attract new users.  |
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Bitcoin money laundering ring busted, say detectivesPolice authorities in Taiwan have cracked down on a money-laundering ring that used bitcoin currency in its activities, the Criminal Investigation Bureau (CIB, 刑事局) announced. In a released statement, the CIB said police authorities arrested eight suspects of the ring at a house in northern Taoyuan City on April 28. CIB said the house was where the ring set up its money laundering center. The case is now being probed by the New Taipei District Prosecutors Office with four of the eight suspects currently under detention, it noted. According to the CIB, the ring allegedly helped telecommunication fraud rings by laundering their money. Using a complex process and by taking advantage of an... http://www.chinapost.com.tw/taiwan/national/national-news/2016/05/08/465515/Bitcoin-money.htm I would have suspected that Bitcoin would be used to launder money and send it outside China, bypassing the capital controls in place. In this case, it seems to be that laundering is done within China. |
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I think we have had enough stupid threads like this. Why do we need personal attacks like this on people who have been early adopters and probably contributed a lot more to this community than the people attacking them. For what we know, he could be the real deal and then you would look like a real ass. These type of threads are not necessary and border on stupidity. We all make mistakes and I think character assassination is one of them... The real Satoshi will never reveal himself, if he is looking at all this rubbish being posted.  I don't think the real Satoshi will ever reveal himself. He will be happy to see his creation evolve and just watch it from the background. |
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I would disagree that it is being implemented in full swing.
Banks are just dipping their toes in it.
Even if they adopt it, I doubt if they will just retire their legacy systems. Both will run in parallel for some time.
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I see. Title of the article causes confusion stating "digital currency" yet there was no mention of "bitcoin".
Other articles on the same topic do mention Bitcoin. http://money.cnn.com/2016/05/06/technology/liberty-reserve-prison/The opening line.... Before the virtual currency Bitcoin there was Liberty Reserve -- and its founder just got sentenced to 20 years in prison. |
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Orphan blocks is just one issue. Most blocks are still running full. That is the more pressing issue at hand. |
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He knows he can relent and be forgotten soon because he gave no real proof he was satoshi. If he had provided something credible, relenting would not solve anything.
It was obvious from the very start that it's a hoax. The guy proved nothing and all he ever wanted was to be on the spotlight. The dumbest part of the whole thing to me was Gavin's statements about him; how could he ever say that he believes that he is the real S.N ? He got the spotlight, all right. His name was in all the major newspapers across the world, for 2-3 days. Mission accomplished. |
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Sometimes the bank also make some of your balance disappear or charge fees for services you never bought. Happened to me for few cents more than once, but for some bigger buck with other people you know, if you perceive, they return the money, if not, they just keep it. Of course 99% of people won't see a few cents disappearing, or won't bother to call and recover them.
At least with Bitcoin the money won't disappear by itself, if you don't do anything wrong.
Charging fees is one thing. They can 'freeze' your account if any government agency demands it, or if they suspect that you are doing something remotely illegal. That is a pain. |
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Hoax confirmed.
Let's start that bull market!
The price actually seems to have started moving up since this news came out!! Closing in on $460 now. |
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Seattle-based iPayYou has launched a new bitcoin wallet with multiple features, including the ability to cancel transactions. Would this prove to be a hit among users? Read MoreThis might not be the feature that most users want. This 'dumbing down' of wallets might let some users become careless in how they handle bitcoins. |
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This might be a reason why women don't visit coindesk!
No reason for women to not use bitcoin.
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