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1721  Economy / Services / Re: [5 OPEN SLOTS] Rollin.io Signature & Avatar Campaign on: February 14, 2016, 04:24:34 AM
Bitcoin Address: 1AQA3kVcmMdEGwdYaRxVQCeU9z4wcqiGqy
Current Post Count: 836
Current Rank: Hero Member
Wearing Rollin Avatar: Yes
1722  Bitcoin / Press / Re: [2016-02-11] FT: Bitcoin’s future threatened by software schism on: February 14, 2016, 04:11:29 AM
Another paywall.
Posting links to restricted content isn't really helpful.  Undecided
1723  Bitcoin / Press / Re: [2016-02-11]Ethereum Price Rise being led by Bitcoin Flight on: February 11, 2016, 11:31:20 PM
Ethereum's rapid rise is indeed surprising.
We should be careful about price manipulation.
1724  Economy / Services / Re: ❃❃ ▶▷ BETCOIN.ag ◁◀ ❃❃#Signature Campaign-High Pay, Monthly Bonus, Special Award on: February 10, 2016, 04:22:17 PM
I am interested in joining this campaign.
1725  Bitcoin / Press / Re: [2016-02-10]Card frauds used bitcoins to trade money on: February 10, 2016, 01:35:11 AM
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.
1726  Other / Archival / Re: Updated Overview of Bitcointalk Signature-Ad Campaigns on: February 10, 2016, 01:32:49 AM
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.
1727  Bitcoin / Press / Re: [2016-02-07] Is There Money To Be Made During A Bitcoin Hard Fork? on: February 06, 2016, 01:28:34 PM
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.
1728  Bitcoin / Bitcoin Discussion / Re: European Union Wants to Surveil not Regulate Bitcoin on: January 30, 2016, 04:56:03 AM
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.
1729  Bitcoin / Bitcoin Discussion / Re: New Hampshire says "no" to Bitcoin tax payments. on: January 30, 2016, 04:52:15 AM
It was voted down 264 to 74. It wasn't close, but nice to see *some* support for Bitcoin.  Smiley
 
1730  Bitcoin / Bitcoin Discussion / Re: Methods of growing your Bitcoin? on: January 30, 2016, 02:53:03 AM
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.
1731  Bitcoin / Press / Re: [2016-01-29] Bank of America Loads up on Bitcoin on: January 30, 2016, 02:50:49 AM
Yet another misleading headline.
Filing a lot of blockchain patents is far, far different from loading up on Bitcoin.
1732  Bitcoin / Bitcoin Discussion / Re: Has Donald Trump made comments on bitcoin? on: January 30, 2016, 02:48:53 AM
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.
1733  Bitcoin / Press / Re: [2016-01-27]Cannabis Security Firm Goes Bitcoin to Solve Industry’s Banking Prob on: January 28, 2016, 01:13:38 AM
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.  Smiley
1734  Bitcoin / Bitcoin Discussion / Re: Bitcoin is unsustainable, according to Vice on: January 28, 2016, 01:11:51 AM
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.
1735  Bitcoin / Bitcoin Discussion / Re: Greed - the driving factor behind 'bitcoin is dead' on: January 28, 2016, 01:05:44 AM
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.
1736  Bitcoin / Press / Re: [2016-01-27] European Parliament discusses cryptocurrency regulations on: January 28, 2016, 01:01:36 AM
European Parliament discusses cryptocurrency regulations
The Committee on Economic and Monetary affairs of the European Parliament (ECON) has held a meeting to discuss possibilities of bitcoin regulations. This might be another step in the European effort to cope with terrorist threat following the recent Paris attacks.
http://www.coinfox.info/news/4585-european-parliament-discussing-cryptocurrency-regulations

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.
1737  Other / Off-topic / Re: Do you still believe in bitcoin on: January 26, 2016, 01:36:07 AM
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.
1738  Bitcoin / Press / Re: [2016-01-25] Bitcoin: Banks are worryingly complacent about the coming storm on: January 26, 2016, 01:32:55 AM
Bitcoin: Banks are worryingly complacent about the coming digital currency storm

The financial services industry is dangerously complacent in its approach to digital money. Some of the major banks almost look like they fear technological change that promises greater transparency, efficiency and security at a lower cost.

https://www.cityam.com/232975/bitcoin-banks-are-worryingly-complacent-about-the-coming-digital-currency-storm?ITO=stream

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.
1739  Bitcoin / Bitcoin Discussion / Re: How China's Plans to Launch Its Own Currency Might Affect Bitcoin on: January 26, 2016, 01:29:54 AM
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
1740  Bitcoin / Press / Re: [2016-01-25] BitPay transaction volume increases 110% globally, 1747% in Latin A on: January 26, 2016, 01:25:30 AM
BitPay transaction volume increases 110% globally, 1747% in Latin America
A report from the leading bitcoin payment provider shows a tremendous growth over the last year, especially in November-December.
http://www.coinfox.info/news/4565-bitpay-transaction-volume-increases-110-globally-1747-in-latin-america

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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