Bitcoin Address: 1AQA3kVcmMdEGwdYaRxVQCeU9z4wcqiGqy Current Post Count: 836 Current Rank: Hero Member Wearing Rollin Avatar: Yes
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Another paywall. Posting links to restricted content isn't really helpful.
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Ethereum's rapid rise is indeed surprising. We should be careful about price manipulation.
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I am interested in joining this campaign.
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The focus of the article should be on card frauds, not bitcoin. As mentioned in the article, one leg of the money transfer was through hawala. So Bitcoin is not the only way to illegally transmit money across borders.
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Bitstarz is now closed. You can remove it from the OP. Hi Everyone, All rewards have been payed. After saying that, I must inform that BitStarz will be halting its signature campaign for indefinite time. We will bring it back at some point.
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I think if a hard fork is implemented
quite the opposite, a LOT of money will be lost
it would be disastrous for Bitcoin
Yup, most likely one fork will go to zero quickly and the other will decrease in value because of the confusion. People don't realize that if the number of coins double, price would also halve.
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In my opinion, Bitcoin is the ideal "money of people" not the "money of government"... no government can surveil the whole world... it has started pretty small and one by one it is huge now... what our old regime made in seven centuries, Bitcoin did in seven years.
The point is that if governments feel that they can't maintain surveilance, they may just go ahead and make bitcoin transactions illegal. Then bitcoin will have to move to the fringes and will be used only for drugs and other illegal transactions. Bitcoin may not be dead but governments can make it stunted.
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It was voted down 264 to 74. It wasn't close, but nice to see *some* support for Bitcoin.
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Nowadays, trading is very hot!..
Many altcoins are mooning and you can make good profit for them if you trade wisely...
You are more likely to get caught in a pump and dump and lose your bitcoins. It would be better to sit on your bitcoins and watch them appreciate.
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Yet another misleading headline. Filing a lot of blockchain patents is far, far different from loading up on Bitcoin.
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Bitcoin is probably not important enough for Trump to make a statement on it. Any statement (for or against) on Bitcoin would have a negligible influence on the voting population.
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Banks are extremely loathe to handle accounts where the possibility of money laundering is high. It increases their compliance costs and probably won't compensate for the returns from that account. No such problems for the Bitcoin network.
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I don't like the idea of forecasts based on power usage per transaction, or cost per transaction because nothing's fixed. Computers may become much more efficient in the future. When Intel launched its latest microprocessor for laptops, it was saying exactly that, giving users more autonomy when running on battery.
Coming increase in block size will also change a lot of things.
The total amount of energy used for Bitcoin mining is independent of the efficiency of the mining equipment used. Why is that? For a given hashing power, total amount of energy used should decrease if the efficiency of the mining equipment used improves.
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All the articles about bitcoin being dead, unsustainable, doomed to failure, etc. have one driving factor behind them.
As a former publisher, I think the main motivation in the press is in attracting readership. The public loves seeing a good train wreck now and then, so these publishers spoonfeed the candy to their readers. That is true. There are 2 kinds of articles which attract a lot of eyeballs - Bitcoin being dead or bitcoin's price doubling in a short while. (Massive) Price increases are few and far between. So the press makes do with Bitcoin being dead stories.
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Bitcoin is still in its infancy. I hope the European parliament doesn't stifle it with regulations. The debate at the Parliament seems to take a balanced view.
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Bitcoin has some bad period, since there is a bad news running it now. Which is not a reason to back-stab on bitcoin or sell it. Just be patient and you will see the price will be normal again.
It is hovering around $400, which is not bad at all. Just look at the price prevailing 3 months back, and you will suddenly start feeling good about the price.
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I wouldn't say they are complacent. Many banks are investing in blockchain companies, trying to benefit from cost savings that the blockchain can offer. Plus with the regulators analyzing new technologies and making occasional positive comments, banks have no choice but to evolve with the times.
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The Chinese government will continue to do what it is doing now (have a stranglehold over the currency) even in the digital world. Look at the reasons they give for coming up with a digital currency.
reduce money laundering, tax evasion and other criminal acts, enhance the central bank’s control of over the money supply and currency circulation
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When you have a low base, the percentage growth number does look high. The publication shouldn't have used that as a headline.
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