Este Nuno (OP)
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Activity: 826
Merit: 1000
amarha
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July 12, 2014, 01:17:02 PM |
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Aren't we already there? Seeing so much VC capital flow these days....
No we certainly are not. This is just the beginning.  What is interesting is the potential for regular people to get a piece of the action. The public isn't allowed to invest in venture capital since you need to be an 'accredited investor'. |
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I HATE TABLES I HATE TABLES I HA(╯°□°）╯︵ ┻━┻ TABLES I HATE TABLES I HATE TABLES
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fdiini
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July 12, 2014, 01:21:17 PM |
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I've followed Bitcoin for many years now and Bitcoin 'investments' in general have been wrought with scams and incompetence. Will it be different now?
Current framework and environment still favor scam. And scammers still can get away without consequences. |
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Light
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July 12, 2014, 01:34:56 PM |
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Current framework and environment still favor scam. And scammers still can get away without consequences.
But that's how the system is built. By default its purpose is to provide irreversible transactions behind a layer of anonymity and obscurity. Unless you're planning on changing this, you're not going to change the current environment that enables scams to occur. The best you can do is educate people on how to store their coins properly rather than the current unsafe practices. |
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Baitty
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July 12, 2014, 01:36:26 PM |
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Pretty sure existing and newly established businesses have already looked into accepting Bitcoin. many are probably jumping into it and earning quite a bit of profit just because they started accepting. Bitcoiners show their appreciation and buy some things from them (overstock etc).
Hopefully within a year or so there will be more new businesses accepting Bitcoin.
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Currently held as collateral by monbux
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Este Nuno (OP)
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Activity: 826
Merit: 1000
amarha
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July 12, 2014, 01:42:34 PM |
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I've followed Bitcoin for many years now and Bitcoin 'investments' in general have been wrought with scams and incompetence. Will it be different now?
Current framework and environment still favor scam. And scammers still can get away without consequences. What if in this new generation people require real identities and real verification? If that's the case then any scams will be reported to the local authorities I would assume. |
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LiteCoinGuy
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Activity: 1148
Merit: 1010
In Satoshi I Trust
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July 12, 2014, 02:23:36 PM |
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There are many bitcoin startups in the past, but mostly in the gambling sector. Now we are going to see more serious ones, hopefully some will revolutionise the bitcoin ecosystem. We had the dotcom boom, this is the bitcoin boom.
i feel the same, but now WE are early in the game and not at the end... |
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STforLife
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Activity: 54
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July 12, 2014, 02:31:32 PM |
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Im sure we will see golden age, but cant predict when, there are many variables that cant be predicted.
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igorsf
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November 21, 2014, 01:17:10 PM |
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10 to 20 years from now (end of 2014) bitcoin and dogecoin will be golden age.
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The Chainmaker
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Activity: 112
Merit: 10
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November 21, 2014, 05:28:47 PM |
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I think we will see a couple dozen big companies start in the next few years, and of those a few will go on to be enormous and the rest will fade away. It is really hard to predict right now just what will be the cool thing that Bitcoin does so much better.
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If it can be digitized, it should be decentralized
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BGkockata
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November 21, 2014, 11:00:55 PM |
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golden age yes, but with alot scams  This is what i was gonna say! |
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LiteCoinGuy
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Activity: 1148
Merit: 1010
In Satoshi I Trust
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November 23, 2014, 08:40:45 AM |
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golden age yes, but with alot scams This is what i was gonna say! like with the internet and the dotcom bubble |
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Lethn
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Activity: 1540
Merit: 1000
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November 23, 2014, 08:42:58 AM |
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Pretty sure existing and newly established businesses have already looked into accepting Bitcoin. many are probably jumping into it and earning quite a bit of profit just because they started accepting. Bitcoiners show their appreciation and buy some things from them (overstock etc).
Hopefully within a year or so there will be more new businesses accepting Bitcoin.
People have been scamming others for hundreds of years, this isn't something exclusive to Bitcoin and it's just as stupid as claiming that Bitcoin enabled terrorists and drug dealers, the only difference is everybody is noticing it more because it's a relatively small market right now. |
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