They have trust issues. They outed all of their private banking customers (the US forced them to) so nobody wants to do anything with the swiss
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BoardBitcoin Discussion
Re: Easiest way to convert money into BTC?
by
donalddlanod
on 17/01/2017, 18:21:17 UTC
buy gift cards or use local bitcoins
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BoardLegal
Re: Money laundering via BTC
by
donalddlanod
on 16/01/2017, 18:09:38 UTC
with anon coins available they brought it on themself.
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BoardBitcoin Discussion
Re: What are the newest developments in Bitcoin?
by
donalddlanod
on 16/01/2017, 18:04:19 UTC
Way too much energy and time spent on the block size problem what a waste.
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BoardBitcoin Discussion
Re: Bitcoin saving
by
donalddlanod
on 16/01/2017, 18:01:47 UTC
Bitcoin has a better chance of going up than any other currency or commodity. Halving, ETF's, more atms......
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BoardBitcoin Discussion
Re: Megaupload + Bitcoins
by
donalddlanod
on 16/01/2017, 18:00:21 UTC
Bitcoin people are the most skeptical in the world. I understand why too but give him a chance. He is investing money, time and reputation. He is not a stupid man.
if the fundamentals are the same as bitcoin you can't just pick a random address on your own, the address has to match certain rules which is the base58 encoding with checksum. like this:
Code:
Bitcoin address = version + RIPEMD-160(SHA-256( Public Key )) + checksum
I hope the project is successful, I've installed many programs android associated with faucet, but never runs until withdrawal. And the main point is not many ads.
Wasn't there talk about a fork that would shorten the confirmation time for bitcoin. zcash coming up the back with super fast confs could be a game changer.
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BoardBitcoin Discussion
Re: What do you think are the biggest disadvantages of Bitcoin?
The biggest disadvantages of Bitcoin is that people do not use it widely. I live in a country where only a few people realize the benefits of bitcoin. Thus, there is no store, no shop, no ATM accept Bitcoin. Furthermore, Bitcoin does not have CEO or any company, so there is no advertising campaign which can make a significant effect to people's knowledge about Bitcoin and change people's thought about it
This is probably the biggest factor. If nobody knows about it, nobody is going to use it.
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BoardBitcoin Discussion
Re: Please teach me how to grow my bitcoin
by
donalddlanod
on 02/12/2016, 00:21:36 UTC
I would focus more on "not losing what you have" which in of itself is difficult. Trading altcoins is completely out. You will lose $200 the first day.
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BoardBitcoin Discussion
Re: How to explain bitcoin to teenagers or children
by
donalddlanod
on 02/12/2016, 00:15:01 UTC
Tell them its the easiest way to pay for a fake ID. They will be all over it.