i prefer Bitcoin Wallet. because I think it more accessible and very simple. if there are unexpected events we do not need to come to the bank
Online banking is accessible and simple too. You don't even have to visit the branch.
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You don't expect somebody who initiated quantitative easing to be positive about Bitcoin. I don't see him attacking safety aspects in the article, only volatility and anonymity.
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So the picture above is wrong. BTC isn't comparable at all to black market oil. What it should state is the origin of all those BTC IS is supposedly getting. As it doesn't say anything about it, I guess this is all vaporware. The world has yet to see a single hard fact showing that IS is effectively having an income in BTC.
If there is evidence, you can expect the authorities to act on it. The blockchain might provide them clues about the origins. If they can't locate the source, we can expect some restrictive legislation coming our way soon.
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Too many economics academics would look silly if he won too. You know how much academics like looking foolish. Nobel just got that much less relevant
Isn't the committee that selects the nobel prize winner filled with academics too? They definitely won't be comfortable giving it to him.
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It's either the exchange that is trying to get some media attention or some one who made an error with the numbers while placing a buy order. The people who had open sell orders that high received an early Christmas gift This doesn't reflect very well on the exchange. So I doubt if it is the exchange trying to get attention.
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Just tell them that it is the easiest and safest way to online shop. Women love online shopping right? We should also advertise Bitcoin in a more girly way so that women will start using it. We don't really need women in the Bitcoin community, do we? Oh wait.......we do
And if they ask you how is it better than a credit card, do you have a reply? You can spend money that you don't have and get great offers from shopping sites using credit cards.
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I have made charitable contributions in my life, but no bitcoin donations so far. If bitcoins really take off, I might convert a portion of it to fiat and donate to local charities.
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According to market data under one hundred bitcoins were exchanged during the spike to $2200.
People who had placed sell orders at outrageous prices must have made some money.
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First Jamie Dimon, now Axel Weber... I wonder why all these banking honchos are so confident that Bitcoin has no future. I expected central bankers to be more open minded. So was surprised to read about Bank of England's views.
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The same thing that happened last halving, nothing special, business as usual...
Did mining profits decrease? Yes, they went from 50 BTC per block to 25 BTC per block. Nope, that's the revenue, not profits.
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2015 is the year of turning point for bitcoin price comes out of bear market. 2016 is the year for bitcoin to be reported more in main stream media and used more as a currency.
I agree on the turn around year being 2015 - but I believe too 2016 more volatility in the price as the halving is happening pretty soon and people will speculate. The outlook already seems to be positive. We have had 2 disaster years - 2014 and 2015 (most of it). The current price run up seems to be in anticipation of the drop in supply post block reward halving.
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What an exaggerated sense of self-importance! Perhaps he would care to explain why the price has dropped from $500 to $375, although his scheme is still operational.
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It would have been nice if the price had been disclosed as well. People are curious about whether the coins were sold at above market or below market rates.
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It is an interesting feature, but would there be demand for such a service? Do we know how many people actually use Bitwage?
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People need to get the memo, We do not negotiate with bitcoin terrorists.
If they are threatening your business, your data or anything else that you hold dear.. Do not pay them, because you might think they will give you what they promised, but in my mind this is just more reason for them to hold onto what they have and push you farther and farther until you can't pay anymore.
Bitcoin terrorists is bad usage. The only connection to Bitcoin is that the ransom paid was in Bitcoins. The hackers have no ideological support for Bitcoin; they just find Bitcoin's pseudonymity useful.
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If there were no capital controls, the Chinese would just buy cheaper BTCs from international exchanges. There is no reason why they should buy more expensive bitcoins in Chinese exchanges.
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Bitcoin is technology and Dimon is a human.... Who will not survive?
If Bitcoin does not succeed in Dimon's lifetime, it is probably a failure.
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The price increase over the last month seems to be factoring in this. Supply will be cut. So we can expect some further price appreciation.
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I agree with him to an extent. Till the Government doesn't make Bitcoins a legal currency and regulate it, the crypto currency doesn't look to have a great future. Just like what happened with Liberty Reserve and the owner was arrested to have an online wallet that could be used for illegal purposes, I am afraid the same case would be with bitcoins as well.
Liberty reserve was meant to be a money laundering scheme and hence was different. The most important fact is the the US government has auctioned bitcoins seized from silk road. This gives Bitcoin implied legality. Plus with Bitlicences being in place, the question of Bitcoin's legal status doesn't arise.
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