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Showing 20 of 396 results by CtrlAltBernanke420
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Board Web Wallets
Re: Blockchain.info screenshot of seed phrase not working.
by
CtrlAltBernanke420
on 27/12/2016, 15:11:56 UTC
I tried mycelium, different browsers, electrum. The words I have seem not be in the list of words used.

I enter the phrase and click submit,   nothing happens, the submit button remains inactive.

And again I have a screenshot of blockchain.info as it was presented.

I've tried contacting support and they reply with generic emails that tell me to do what I've already tried.

It has to be an error on their part.

I do know this, if I get my coins, I won't be using blockchain.info ever again.

Any other suggestions?
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Topic
Board Web Wallets
Blockchain.info screenshot of seed phrase not working.
by
CtrlAltBernanke420
on 27/12/2016, 02:26:02 UTC
I have a screenshot of the seed phrase from blockchain.info screen.

I last accessed the wallet around June. I tried to enter the seed phrase and nothing happens.

I can't find any info anywhere on this issue.

I have the first password and wallet identifier but do not have the 2ndary password written anywhere.


The seed phrase is doing nothing.

I last logged into the legacy wallet when I logged in.
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Topic
Board Bitcoin Discussion
Re: If Bitcoin skyrocketed, what would the future economy that is born look like?
by
CtrlAltBernanke420
on 02/05/2015, 17:29:40 UTC
Your not answering it.

What type of new innovations and companies will be created, what kind of economy, how will wealth be calculated.

Its out with the old in with the new.

What would the future look like? Its like an empty matrix that can be filled literally anything you can imagine, things beyond business

and legal stuff. What new forms of entertainment, media, perhaps an entirely new new thing of its own kind of thing
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Board Bitcoin Discussion
Topic OP
If Bitcoin skyrocketed, what would the future economy that is born look like?
by
CtrlAltBernanke420
on 30/04/2015, 22:01:48 UTC
What would the future look like? Its like an empty matrix that can be filled literally anything you can imagine, things beyond business and legal stuff. Can new forms of entertainment, media, perhaps an entirely new new thing of its own kind of thing.


What would trade be, how would profits and losses be calculated(price volatility) prices.

How would demand change?

What new business models will be created?

And


These are some questions after reading this Andrea written article.

https://fee.org/freeman/detail/misfit-bitcoin-flag-money-and-currency-wars


But right in the middle of this global currency war, bitcoin was born. And it is set to undermine everything we thought we knew about currencies.

Flag money

By now, several generations have grown up with a concept of money that is closely associated with a national identity and that implicitly or explicitly competes against the moneys of other nations. Currency is no longer scarce, but the right to originate currency is scarce — that is, it’s the purview only of nation-states. The prevailing assumption therefore is that for a “new” money to arise, it must replace an old currency. There are 194 currencies in the world, each a “flag-money” of a nation, a notion as anachronistic as the airline flag-carriers of the 1970s.

Aligning currencies with national borders has a certain rationale to it in a world of paper bills, travel restrictions, trade restrictions, and national banking regulations. The national boundaries mean territory for the banks, border crossings for the citizens, and natural monopolies for the currency. To most people who have been raised in this context, it would appear that geography and borders — monopoly and limited choice — are inherent characteristics of money.

Nothing could be further from the truth.

The bitcoin misfit

The introduction of decentralized, non-national, instantly global, and entirely digital currencies such as bitcoin directly challenge these basic assumptions.

The artifice of borders melts away when currency is instantaneously global, fluid, electronic, and decentralized. Bitcoin ignores borders in exactly the same way that the Internet ignores borders. In the context of national flag-currencies, a borderless, non-nation-state currency is an aberration that shatters the dominant context. If money is borderless, then suddenly competition among national currencies is irrelevant. Bitcoin doesn’t have to “replace” anything because it’s not part of the zero-sum game of gaining flag status.

Currency that was once a geographical constant becomes a consumer choice instead.

When nations establish monopolies for their airlines, TV networks, and newspapers, the flag-carrier monopoly status is anachronistic, but it could be worse. Commercial monopolies erode competition in airfares and the truth, but at least they don’t start wars.

In currencies, however, nationalism and national monopolies are very harmful and are directly connected to war. Currency wars have become the proxy wars of this century, with dozens of countries locked in a devaluation spiral to externalize their debt. Currency wars can even be the precursor for kinetic wars (read: lethal combat), and even when they don’t lead to bombing, they can still devastate economies.

In this context, non-national currencies like bitcoin are not just revealing the quaint, anachronistic simplicity of state monopoly over currency; they are also offering a safe haven and relief valve for the citizens of the currency-war-torn nations.

Bitcoin and other decentralized digital currencies are not trying to displace other currencies, dominate a country, or establish a monopoly. They are supranational from the moment of their inception and stubbornly resist being constrained to the existing regulatory and nationalistic structures. But the prevailing context of nationalistic currency is apparent in the questions that surround these digital currencies. For example: Which nation will be the first to adopt bitcoin? The first “place” to adopt bitcoin is not a place, but people around the world.

Will bitcoin unseat the US dollar as the world’s reserve currency? No. Bitcoin will coexist with all national currencies, offering a global, non-national alternative to people everywhere.

Can bitcoin become the universal currency? The very concept of a universal currency is as meaningless as that of a universal language. After all, currencies are a form of language, a means of expressing value to each other. Bitcoin represents a new choice of currency, and in offering that choice globally, it leads to a world of currency pluralism, not a dystopian one-world-currency caricature of the currency wars of the 20th century.




This one about the future of co-existing global currencies(including Bitcoin:

http://imgur.com/rhArHSS

This I thought was funny coming from Argentina after the NYT article the other day.

https://twitter.com/CasaRosadaAR/status/593584932485779457

And Crypto-securties:

 http://www.wired.com/2015/04/overstock-files-offer-stock-works-like-bitcoin/




And this thread from bitcoin talk which is now a few days old.

https://bitcointalk.org/index.php?topic=180798.0

Anyways of the hundreds of headlines and stuff out there these are a few, quick check them out and i think you will the general picture of what I am getting at here.

Nothing here is is bashing bitcoin but rather taking a very honest question.

There is a lot of discussion and hype that "bitcoin will go to the moon," My question what does that mean if it means potentially being  a highly volatile object that everyone in the world is holding and or trading and volatility ranges at 12million/btc and 10million bitcoin on one day, and perhaps back down to 2 million/bitcoin

Whatver the numbers are, they will likely be much higher than $100-$999. And with out speculating on price, i am talking about the legitimacy of currency that is volatile and has a billions of people involved?


How would trade change, how

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Topic
Board Bitcoin Discussion
Re: Why One Bitcoin Core Developer Thinks Cryptocurrencies Have A Dreadful Future
by
CtrlAltBernanke420
on 16/04/2015, 19:36:39 UTC
Altcoin's in general will always be able to circumvent the governments, but when he mentions only like 3 companies in the world are capable of producing the hardware to mine, and are going to want on/off switches… It is not end game for crypto but a very sizable constricting point.

The value of alt coins likely won't ever match that of the potential of bitcoin, but if bitcoin is forced into a centralized model, that's it for bitcoin.


The unlimited resources of the government, and the very purpose of government, will absolutely attack whatever threatens it, if bitcoin is a threat, it will be attacked, changed, molded. Do not think even if the .gov fails, they won't go down without a raging fight.
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Board Bitcoin Discussion
Re: Zero Hedge reports High Frequency Trading coming to BTC...
by
CtrlAltBernanke420
on 06/04/2015, 21:23:04 UTC
Heh.  Sub-second trading with opportunities to settle only at unpredictable intervals when the blocks come out?  

Dang, I need to cook some popcorn!  This is going to be fun to watch!

Will we know when this begins…
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Board Bitcoin Discussion
Re: Any reports of Bitcoin being taught at your school?
by
CtrlAltBernanke420
on 16/03/2015, 00:11:44 UTC
IMO they should stop teaching kids how to write in cursive, and begin teaching them computer programming and encryption.
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Board Economics
What if the necessity of use outweighs the desire of gold?
by
CtrlAltBernanke420
on 12/03/2015, 03:22:57 UTC
As great as bitcoin;s are for store of value, they sometimes have to be used in order to create more economic output, which means spent….
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Board Bitcoin Discussion
Re: Is bitcoin a virus to humanity, just another thing to manipulate us.
by
CtrlAltBernanke420
on 10/03/2015, 08:33:37 UTC
Is it another thing trying to manipulate you? Yes and No.

You're already in a mad scientist's lab, who is doing experiments on your brain. Everything you think you know is just an illusion that he put in your head. So while bitcoin is just another one of those, he doesn't really need it to manipulate you further; you're already in his complete control.

bitcoin will create all the infrastructure necessary, it will have everyone using it, it will create new patterns, it will almost looks like a kolidescope shifting, and if malicious can pull the plug at at minute, otherwise i think it is a universal gift to humanity to make our lives and earth a better place.
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Board Bitcoin Discussion
Re: Why do you deny evidence? bitcoin has deluded all us
by
CtrlAltBernanke420
on 08/03/2015, 22:04:04 UTC
I see many idealists still thinking in a future rise. Why? The only real rise of bitcoin was due to a bubble, simply a bubble which lasted all 2013? from that bubble we always thought that was a trend, it was not. We and I were all super enthusiastic. None could forecast that after almost 2.years bitcoin was worth less than before. Tell yourself the truth do not try to convince about what you would like it to be. Actually people are NOT interested in using bitcoin. Yes banks are evil, sure, devil itself, but people like simplicity, many people are...how can I say? stupid and get used to their simple things.  Most people do not like to change. And they do not like to risk. There is no real reason why bitcoin should be mass adopted...to do what? Send money to someone, something you could do with very small fees (I can assure you I constantly do bank transfers I usually spend 1 euro whatever the bank transfer is) doing it A LONE with no warranty? knowing that a small minimal error, a hacker, a sudden Loss in value, could make you lose everything or a big part of your money?   as you see its nonsense.
There will be neither mass adoption nor total failure. Bitcoin will still be used for some years by some nerds, and it will get slowly less and less valuable until it will be finally forgotten, buried in some history book in the chapter ".utopias".  See history. How many utopias (political economical etc) have realised, how many failed soon or.after?  I know it's a good dream but we should wake up until it's to late... bitcoin will slowly be forgotten.

He makes sense and this is a completely normal and expected feeling. I share your thoughts and slightly agree.. Granted there is too much in the world, and bitcoin is going to be the napster of money and all of finance. Get used to it.. Will it take few years yes, but in about 10 years bitcoin and block chain technology is going to be used by  basically everybody. In 20 years the world will likely be a completely different place…

Each century usually begins about 10-15 years after the 1000mark. So the year 2000 was a good year for technology going mainstream, but today we have p2p financial tools that don't need banks at all.. By 2020-2025 we will be entirely cash free, and the shapes and structures of the economy will be completely changes and largely p2p. Corporations will have a much more difficult brainwashing everyone. the successes from the previous decade will allow 2025-2035 spring way ahead in economic, environmental, social changes, political change never before seen, hopefully for the good..

All the noise coming out of washington, CNN, FOX news will largely be gone. The world will hopefully be a wealthy place, with sustainable business practices practiced globally.

World peace should be common place…. Thanks to bitcoin.
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Topic
Board Bitcoin Discussion
Is bitcoin a virus to humanity, just another thing to manipulate us.
by
CtrlAltBernanke420
on 08/03/2015, 21:52:03 UTC
Is bitcoin a virus to humanity. A mathematical virus. Something Dr. Who or someone is going to need to jump into action and save the world from. Its really an alien extraction wealth. Most are far too blind to see it if you step back far enough and look at the current world, society, structures, etc. Bitcoin is an anomaly that we don't know nearly enough for how it will work with humanity…

Bitcoin inside its coding might know its own destiny, but it could be no different than subvert alien invasion… Once you realize it, its too late.

For one, bitcoin is not going to work for 7 billion people and if it the world tried to make it work, it will fail and some how, something will be created and the aliens will come and take it after we create it.
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Board Service Discussion
Fuck coinbase!
by
CtrlAltBernanke420
on 08/03/2015, 20:55:14 UTC
I went to pay for a hotel with expedia, and on the page where it saids to send x amount of BTC to x address…. I send the coin from my block chain wallet and then get an email from coin base saying coin base/expedia has a refund for me to claim, but in order to claim the coin I need to basically sign up and agree to the terms of coin base if I want access to my bitcoin… It wasn't a huge deal, but why can not i not just send bitcoin to expedia from any freaking wallet…. It is none of coin bases business to get information on me… If expedia gives me an address to send coin to, and I send the coin, once they receive it that should be good… but it wasn't they wanted to get me to sign up to coinbase before accepting my payment… THIS IS SOOO INCREDIBLY WRONG AND SNOOPY…

Has this happened with anyone else…

And I wouldn't have received my coin from coin base without giving some amout info when signing up to coin base… Coinbase is infuriating me… Great service except for their intrusiveness. Can some one help me make sense of this… In the past all I had to do what send the correct of amount of bitcoin to the given address and boom reservations are made. No extra info needed to be shared…

I think coin base wants everyone to have a single btc address so they can become the next visa and to be able to track every transaction to an individual.
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Board Bitcoin Discussion
What is the purpose of creating a new wallet for, why not use just 1?
by
CtrlAltBernanke420
on 08/03/2015, 08:28:14 UTC
Today I would like to ask the community what and how the wallet systems work on block chain.info


So I  make a new wallet for any incoming transaction, does this help add anonymity to my wallets, or does it still come down to my wallet identifier. I am trying understand why people recommend to always use a new wallet for every incoming transaction.

Something doesnt make sense to me….
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Board Bitcoin Discussion
Re: Bitcoin only coffee bean exports.
by
CtrlAltBernanke420
on 04/03/2015, 11:13:34 UTC
This works for all forms of agricultural products grow in the 3rd world. Farmers can earn more for their family. Problem is this has already been done in fiat. Why do it in bitcoin?

Farmers don't get a fair deal because they don't have the education to know how to sell their own harvests properly. For example farmers used to get something like .01 penny/pound Then it rose as Folgers grew up, then starbucks, and then we have today where there is a large fair trade market, which can still be improved even more, cutting out even more people. Soon the farmer is going to receive an order directly from the roaster. and the roaster can be almost anywhere in the world.

The innovation is when you make a cup of coffee, the technology advances perhaps to a point in 10 years where coffee is automatically deducted from our wallet which goes to the coffee roaster, who can now place an order for more beans..

The goal is to cut out the middlemen, perhaps, roasting beans will become a do it yourself thing…

We don't need behemoth corporations, especially in a debt based system. They can and will squeeze the life out of the people and leave them destitute.
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Board Bitcoin Discussion
Re: Bitcoin only coffee bean exports.
by
CtrlAltBernanke420
on 04/03/2015, 10:19:39 UTC
I've toyed with these types of ideas since i learned of bitcoin. The key here is we are crossing borders with a completely legal, lightly regulated industry.  

My initial thoughts to make it secure is to, have someone on this end act as retailer/wholesaler who receives the product but also sells directly to customers either shipping or walk in.

The basics I have seen regarding green bean is that your looking for maybe 10-50cents/lb profit. In bitcoin this is okay, once things get going, you can absolutely lower your prices, beat the market, and have as reggie middleton calls it, margin compression,  where if 2016 is projected to earn 10% profits on 1 million in revenue. 2017 will see 7% profits on 10million

2018 will see 4% on 100million

2020 will see 1% on 1 billion

2025 will see .1% on 100billion.  <--- at this point everything is automated…. Keep that in mind also. no one owns it. It becomes an autonomous corporation. Farmer is connect directly to the end consumers economy/demands


How, go there and learn the farm side of things first hand. Learn the local culture, some language, make some friends. They know your not bullshitting as things have already improved a lot on the income side of things for in recent years, however I think there is still a way to go for them and the consumer.

But then to basically make the farmers your friends, while basically doing the same here, working to get to know all the coffee bean roasters, but you gotta get them buy using bitcoins and to ad the platform for their customers to buy the final product with their own bitcoins.

If you can sell 25,000 lbs of  green coffee beans in the next 12 months at cost. 2000 lbs of coffee a month, or 500 lbs/week which basically means you need to find 10 people to buy at least 50 lbs of green coffee beans a week…

So if you can find 10 coffee roasting businesses to buy 50 lbs/week, every week in bitcoin that is your start.. Once you accomplish that, it is your goal to hire a 3rd person, and each of your goals is to find new customers each week with the goal of 1 new customer each week who buys at least  50 lbs of coffee($200/week) After one year you will have a highly profitable company that will grow itself.

Don't worry about the money or this or that. Just be ready to sell some coffee beans..
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Board Bitcoin Discussion
Bitcoin only coffee bean exports.
by
CtrlAltBernanke420
on 04/03/2015, 09:28:29 UTC
If farmers were willing to accept bitcoin, or even not bitcoin but cash, but someone like I or some other highly intelligent person  Wink were to organize coffee farmers and the coffee bean roaster in say, America. They catch is that the buyer and the seller need to be willing to use bitcoin for the transaction.

Perhaps the seller ships the product up front to establish the relationship, all accounts get active management to breed strong relationships. And connect in the best way possible coffee beans from the country of origin to the the larger consumer worlds.

Coffee is a unique product, as it is largely consumed and prepped far outside the region it was grown in. It is the most common beverage in the world. 2nd being Tea 3rd being beer. And America is in the midst of a coffee roasting and 'light roast' boom. The retail side of the gourmet artisan stuff things is becoming a very big and highly profitable area of the economy.

The thorny issue arises by trying to create a true peer 2 peer marketplace when there is a large knowledge gap on both sides of the border. One country I was looking at on a map for gigglez, is Costa Rica.

I would have to act as a middle man, and perhaps even escrows would need to get involved, at least initially, with goal of transitioning over the next decade or so to a true p2p marketplace, in which my service wouldn't be needed at all. Places like openbazaar are not going to work, at least not any time soon with newness of it and bitcoin. I am not bashing open bazaar, but rather mentioning it would be very difficult to get behind a platform like that. 

In the short term this could create a niche for me to profit from, while also getting top dollar for the farmer, and the best price for the buyer. Perhaps unroasted coffee beans are already incredibly inexpensive when purchased in bulk, and this entire idea is unworkable even if it were not for the knowledge gaps in the potential participants using bitcoin.

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Topic
Board Bitcoin Discussion
Re: How many people should get rich and how much is rich?
by
CtrlAltBernanke420
on 03/03/2015, 07:52:12 UTC
You should consider, what the definition of "rich" mean to different people. {In the 3rd world countries, people with a car or a house is seen as being rich... no matter if that person are in debt to have that car or house}

1. Man "A" has no debt and no car or house.
2. Man "B" has a car and a house, but he has a unpaid loan and a bond of say $2 000 000. 

Do you think Man "A" or Man "B" is rich?

The early adopters are in a much better place, if they still have those coins or the value after they sold it. {So yes.. they might be rich}

You can still get access to the NEW coins being released daily, so the "early adopter" coins should not exclude you from being rich.  Wink 

I guess this is somewhat my point, its not about the wealth created on potential future value in less than 5 years from creation. Millions of people can start businesses and wealth can be created in that, but this takes time, part of it is new people coming to this space, getting involved with bitcoin, perhaps earning some money from the gains in bitcoin and use that to reinvest in a business that can and will make money. Its slow yet still a quick process but in a few years there will be a lot more coins in the hands of more people, not less people… Some people earn bitcoins and never put a dollar into it..
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Board Bitcoin Discussion
Why was 21 million coins chose as the total number of bitcoins?
by
CtrlAltBernanke420
on 03/03/2015, 05:21:15 UTC
Why not 1 bitcoin…

Why not 1million or 100million bitcoins, why not 21 billion, or trillion?

Why not 14 million?
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Board Bitcoin Discussion
Re: Yanis-Varoufakis-Greece, Bitcoin WILL save them from Europe. It won't be pretty.
by
CtrlAltBernanke420
on 03/03/2015, 01:21:56 UTC
Max Keiser is addressing it in his program:

Keiser Report: Can Bitcoin save Greece? (E724)
https://www.youtube.com/watch?v=3s7UVY5yv7Y
Nothing can save Greece.

They want to consume more than they produce, forever.

There's no way to make that happen anywhere in the world

This is one of the best posts in a this thread. Followed by the suggestion for them to create their own crypto coin or even adapt a coin besides bitcoin, hint there are several with good security to choose from.


However, if greece wants to save themselves then they should take a page from iceland. Put the bankers and politicians who caused the mess in jail. The greece debt is a fraud against their people. Jail the fucking bankers, like iceland did. Does iceland need bitcoin to save iceland?

Lol, tons of Greece people are legit poor these days, they can't even eat and pay basic necesities, how do they want to consume more than they want to produce if they can't even meet basic needs.

This is why they need to walk away from the euro while adopting a debt free currency.. You make it sound like the mess throughout the euro, not just greece is going to go away if greece can somehow pay its debts… that is nonsense, they might be able to kick the can down the road by a few more years but I'm not sure who benefits except from a very small pool of bankers, who for all i can drown at the bottom of. Eventually everyone will go hungry at this rate.
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Board Bitcoin Discussion
Re: Yanis-Varoufakis-Greece, Bitcoin WILL save them from Europe. It won't be pretty.
by
CtrlAltBernanke420
on 03/03/2015, 01:20:01 UTC
Max Keiser is addressing it in his program:

Keiser Report: Can Bitcoin save Greece? (E724)
https://www.youtube.com/watch?v=3s7UVY5yv7Y
Nothing can save Greece.

They want to consume more than they produce, forever.

There's no way to make that happen anywhere in the world

This is one of the best posts in a this thread. Followed by the suggestion for them to create their own crypto coin or even adapt a coin besides bitcoin, hint there are several with good security to choose from.


However, if greece wants to save themselves then they should take a page from iceland. Put the bankers and politicians who caused the mess in jail. The greece debt is a fraud against their people. Jail the fucking bankers, like iceland did. Does iceland need bitcoin to save iceland?

Yes their economy is crap and capital controls are at an all time high.

Its very difficult to import anything and or to move money where you want to….

Have you heard of auroacoin… It was a good idea and still is, perhaps a few years to early and employed in the wrong or rushed way.