Search content
Sort by
Showing 20 of 156 results by fdylstyx
The poll, imho, is nothing more than a pageant of a selct few. If BTC is up thereas a scam then all of them are scams. Listed or not.
Look, features aside, all of this is nothing more than a new and growing market, to either exploit or be exploited by in the name of profit. Whether through skill, luck, or the lack of both the only determination of ROI is timing, perception and patience.
Greed is neither good or bad. It's simply a motivating factor to be used by those who are astute enough to know when to rein in their own greed. Or to profit off of the greed of others.
As to the choices presented in the poll, to a noob, it would appear that all of them might be more risk than the effort of DYOD is worth.
Let us not kid ourselves, the vast majority of those who hold, develop, discuss ANYTHING in this cryptosphere do so because they believe there will be a decent ROI in it for their time, money and effort. So too will the vast majority of those who become involved in the foreseeable future.
This poll is far and away too exclusive. Again, in my honest opinion, a poll on all crypto currencies/platforms already exists. It's called the free/open markets.
Pumpers will dump. And whales will feed mightily and often. However even whales get slaughtered when they miss their mark and end up beached on the shores of this new ocean of greed.
Utility and the ability for anyone to easily access those utilities offered/required is paramount to the ultimate success of any crypto endeavor. Build that and deliver...the world will beat a path to your portal.
In the spirit of disclosure, I was able to learn to attain BTC only because I live in a town with a Robo ATM. I'm not open to having to disclose my banking information. Nor am I open to the local bitcoin community where I live. I learned to trade on the exchanges. Winning and losing is part of the tuition I must pay in order to learn what I have and I'm certainly not one who has the aptitude to learn the tech involved.
I'm certain there are many, many more individuals who are still sitting on the sidelines suffering various degrees of FOMO. For them, the risk to reward ratio is simply beyond their ken. They see but they just don't understand. And to say that this is their problem, to me, is the basic problem that is a real problem that DOES require a solution.
fdyl
Look, features aside, all of this is nothing more than a new and growing market, to either exploit or be exploited by in the name of profit. Whether through skill, luck, or the lack of both the only determination of ROI is timing, perception and patience.
Greed is neither good or bad. It's simply a motivating factor to be used by those who are astute enough to know when to rein in their own greed. Or to profit off of the greed of others.
As to the choices presented in the poll, to a noob, it would appear that all of them might be more risk than the effort of DYOD is worth.
Let us not kid ourselves, the vast majority of those who hold, develop, discuss ANYTHING in this cryptosphere do so because they believe there will be a decent ROI in it for their time, money and effort. So too will the vast majority of those who become involved in the foreseeable future.
This poll is far and away too exclusive. Again, in my honest opinion, a poll on all crypto currencies/platforms already exists. It's called the free/open markets.
Pumpers will dump. And whales will feed mightily and often. However even whales get slaughtered when they miss their mark and end up beached on the shores of this new ocean of greed.
Utility and the ability for anyone to easily access those utilities offered/required is paramount to the ultimate success of any crypto endeavor. Build that and deliver...the world will beat a path to your portal.
In the spirit of disclosure, I was able to learn to attain BTC only because I live in a town with a Robo ATM. I'm not open to having to disclose my banking information. Nor am I open to the local bitcoin community where I live. I learned to trade on the exchanges. Winning and losing is part of the tuition I must pay in order to learn what I have and I'm certainly not one who has the aptitude to learn the tech involved.
I'm certain there are many, many more individuals who are still sitting on the sidelines suffering various degrees of FOMO. For them, the risk to reward ratio is simply beyond their ken. They see but they just don't understand. And to say that this is their problem, to me, is the basic problem that is a real problem that DOES require a solution.
fdyl
The city I live in has but one that I am currently aware of. Same location (Hemp Clothing store) going on 2 years now I believe. I've used it a half dozen times and though I'm uncertain that there's a camera I think it most likely. The fee to buy is 5% in USD. There is no ID requirement to purchase bitcoin and the maximum one time purchase is $5,000.00 CAN. No minimum!
I have yet to withdraw cash for bitcoin but I believe there is a similar fee and cash limit. I believe higher amounts do require scaled ID requirements. The store itself offers a 10% discount on purchase of goods with bitcoin. It's situated in a high traffic area and it's a tourist/university town I live in, which is also the Provincial Capitol. I haven't been lately but I expect they're doing as good as ever with the low Canadian dollar.
It's a Robo brand BTM, simple to use, so I expect there is always a way when the will is there. I do know the store does not own the machine so they are more than likely compensated to their satisfaction for having it placed not more than 3 strides from their door.
A local bitcoin group owns it and I can only surmise they have recouped their cost for the machine and any maintenance required. So it's a win win proposition for all concerned. Unless of course you don't want your image recorded while making a transaction. There's business cards and pamphlets available if one should choose to go the local bitcoin route at a nearby coffee shop.
All in all a smooth operation.
imho
fdyl
I have yet to withdraw cash for bitcoin but I believe there is a similar fee and cash limit. I believe higher amounts do require scaled ID requirements. The store itself offers a 10% discount on purchase of goods with bitcoin. It's situated in a high traffic area and it's a tourist/university town I live in, which is also the Provincial Capitol. I haven't been lately but I expect they're doing as good as ever with the low Canadian dollar.
It's a Robo brand BTM, simple to use, so I expect there is always a way when the will is there. I do know the store does not own the machine so they are more than likely compensated to their satisfaction for having it placed not more than 3 strides from their door.
A local bitcoin group owns it and I can only surmise they have recouped their cost for the machine and any maintenance required. So it's a win win proposition for all concerned. Unless of course you don't want your image recorded while making a transaction. There's business cards and pamphlets available if one should choose to go the local bitcoin route at a nearby coffee shop.
All in all a smooth operation.
imho
fdyl
can you give details what exatly you are looking for,I can understand , please explain more
Well seeing as I haven't gotten any PMs as of yet let me just say that I've purchased a painting on auction at ethereum.org and I've received it by parcel post.
Now I want to pay the artist and have that payment and an agreement for copyright placed into the blockchain. Both myself and the artist don't have the skills to do this. I imagine some multisig or just acceptance of the funds can be considered a binding contract as far as ownership and copyright law goes.
So if this is doable...or if it isn't please let me know. My ignorance doesn't recognize limitations.
fdyl
edit/ here is the link to the auction with all the details regarding copyright agreement, there is more in PM's with the artist that may be pertinent as well but we can save that for later. https://forum.ethereum.org/discussion/1273/into-genesis-oil-painting-auction/p1
got my first .4 btc right here https://bitcointalk.org/index.php?topic=1016939.0
Kinda wish they'd do something like this on a regular basis.
Don't you?
fdyl
Kinda wish they'd do something like this on a regular basis.
Don't you?
fdyl
Re: The state of crypto - The only serious thread on the subforum
Did someone mention being out on a limb?
Far from a technical person I've allowed my understanding of the cryptosphere osmosify within my mind over the year or so since discovering it's existence.
This thread is definitely one of the better one's I've been able to absorb with a modicum of clarity. When BTC et al becomes the simple mechanism of commerce for the everyday user without the corrupt machinations of current systems, then we will begin to see the light at the end of the tunnel toward a more egalitarian future for all who live on this planet.
As always there will be those who are more equal than others through circumstance, talent, hard work and luck.
There is a caveat however that I would like to point toward. We can do everything there is to be done to bring this world to a more sane plane and it may come to pass that that equilibrium may hold for a millennium or two, or three. But there is always the possibility that future generations will become bored with that status quo and thus chaos will have it's turn at the wheel again.
This thread is worth a pin...please continue to osmosify my mind.
~may all hatred cease and let there be peace~
Far from a technical person I've allowed my understanding of the cryptosphere osmosify within my mind over the year or so since discovering it's existence.
This thread is definitely one of the better one's I've been able to absorb with a modicum of clarity. When BTC et al becomes the simple mechanism of commerce for the everyday user without the corrupt machinations of current systems, then we will begin to see the light at the end of the tunnel toward a more egalitarian future for all who live on this planet.
As always there will be those who are more equal than others through circumstance, talent, hard work and luck.
There is a caveat however that I would like to point toward. We can do everything there is to be done to bring this world to a more sane plane and it may come to pass that that equilibrium may hold for a millennium or two, or three. But there is always the possibility that future generations will become bored with that status quo and thus chaos will have it's turn at the wheel again.
This thread is worth a pin...please continue to osmosify my mind.
~may all hatred cease and let there be peace~
I want to invest, or give you some tips, I have many imagins, and with that invest, how much do you want, per investor ? I mean the floor. I am not too rich.
The 100 investor plan was a bust so no longer running with that plan at the moment. I've updated the OP, have a read and PM if you wish.
ya don't get if ya don't ask,
fdyl
Buy a bit of everything.
Remember that guy who turned $27 into $1 million.
That only works if you buy the coins when they are like fractions of a cent.
Remember that guy who turned $27 into $1 million.
That only works if you buy the coins when they are like fractions of a cent.
What guy? Lucky bugger!
I kinda do the same shotgun approach myself but when I take my profit (or get out before losing too much) I leave some in and hope I've tipped myself nicely sometime down the road.
I do keep most of my poke in BTC and the top 10 volume Alts though but there's no denying the upside of some beaten down coins. It's been a brutal couple years.
Do your own research. And don't forget to tip yourself!
Some link out in "the wild" brought me to this thread. Considering the date of it's composition, and from members who may not even be around anymore, I, as a noob in crypto, still found it illuminating and thought others noobs might as well.
I wonder, seeing as there are so many cryptos and exchanges on which to trade these days, if any of the members (new and old) would care to spend some time adding to the arguments/reasoning in the light of today's crypto scene and how you foresee it playing out in the short term (2015-2020) and beyond.
NOTE to the mods; When I went to reply to this thread I encountered this...
Warning: this topic has not been posted in for at least 120 days.
Unless you're sure you want to reply, please consider starting a new topic.
...after consideration I chose to go ahead with my thoughts as stated above. Please allow this thread to continue on the course that serendipity allows.
Furthermore I came late to the crypto scene. I watched Bitcoin's fall continue from it's seemingly inevitable resurgence (from it's ATH of 2013) in the late spring of '14 where I almost bought in but decided to wait and watch. I consider myself a fortunate man but I do not consider myself a learned one. I did continue to watch Bitcoin tumble down as the Altcoins proliferated.
I stayed out and as counting myself as what would be considered by most (who have a full understanding of the math and the potential of Bitcoin and the Blockchain) a layman I tried my best to use what due diligence I could muster. I read, much was beyond my understanding but the potential I could not deny. Nor could I turn my attention away from the scene.
I watched the "fiat" value of bitcoin decline, joined in the fall of 2014 and watched through the winter of 2015 but I continued reading through much of the distractions here at btctalk and other sites. I watched real money being invested in this tech. I had an agenda myself but have since left that for a more amicable time, if one should ever come.
I am at this time a small holder and trader of BTC and other Alts. I personally believe this all is going to be a big part of the future. Well not all but the cream will rise to the top.
So, what do you people think about the term "scam"? Is it deserved? Is not all publicity good publicity? This crypto currency scene is very much like the discovery and harnessing the power of fire. Never mind the internet. Fire is still with us and causes great calamity but where would humanity be without it?
Crypto is math and math has been around at least as long as fire, imo longer because before fire was harnessed there were always a certain number of bellies to fill.
So will mankind learn to live with Crypto? Will Crypto find a way to improve the human condition as did fire?
Or is this all about money? And isn't money just fiat, and after all is said and done just a zero sum game?
~may all hatred cease and let there be peace~
fdyl
I wonder, seeing as there are so many cryptos and exchanges on which to trade these days, if any of the members (new and old) would care to spend some time adding to the arguments/reasoning in the light of today's crypto scene and how you foresee it playing out in the short term (2015-2020) and beyond.
NOTE to the mods; When I went to reply to this thread I encountered this...
Warning: this topic has not been posted in for at least 120 days.
Unless you're sure you want to reply, please consider starting a new topic.
...after consideration I chose to go ahead with my thoughts as stated above. Please allow this thread to continue on the course that serendipity allows.
Furthermore I came late to the crypto scene. I watched Bitcoin's fall continue from it's seemingly inevitable resurgence (from it's ATH of 2013) in the late spring of '14 where I almost bought in but decided to wait and watch. I consider myself a fortunate man but I do not consider myself a learned one. I did continue to watch Bitcoin tumble down as the Altcoins proliferated.
I stayed out and as counting myself as what would be considered by most (who have a full understanding of the math and the potential of Bitcoin and the Blockchain) a layman I tried my best to use what due diligence I could muster. I read, much was beyond my understanding but the potential I could not deny. Nor could I turn my attention away from the scene.
I watched the "fiat" value of bitcoin decline, joined in the fall of 2014 and watched through the winter of 2015 but I continued reading through much of the distractions here at btctalk and other sites. I watched real money being invested in this tech. I had an agenda myself but have since left that for a more amicable time, if one should ever come.
I am at this time a small holder and trader of BTC and other Alts. I personally believe this all is going to be a big part of the future. Well not all but the cream will rise to the top.
So, what do you people think about the term "scam"? Is it deserved? Is not all publicity good publicity? This crypto currency scene is very much like the discovery and harnessing the power of fire. Never mind the internet. Fire is still with us and causes great calamity but where would humanity be without it?
Crypto is math and math has been around at least as long as fire, imo longer because before fire was harnessed there were always a certain number of bellies to fill.
So will mankind learn to live with Crypto? Will Crypto find a way to improve the human condition as did fire?
Or is this all about money? And isn't money just fiat, and after all is said and done just a zero sum game?
~may all hatred cease and let there be peace~
fdyl
Earned almost a half btc here on a challenge thread eating burritos and watermelon and sinking it all into an IPO that promised it would refund my btc in September if they don't launch by then. The site is a ghost town now but who knows right? Maybe they will launch and I can dump during the pump and double up. If they launch!
Oh well, a half of a btc for 20 bucks worth of Taco Bell and watermelon is no big loss. Right now if I still had the half btc that 20 would be worth about 150 US.
Oh well, a half of a btc for 20 bucks worth of Taco Bell and watermelon is no big loss. Right now if I still had the half btc that 20 would be worth about 150 US.
woow its a huge bitcoin,oh man is that satoshi is covered on forbes as a milioner?
Nope. Forbes can't list Satoshi as a billionaire, even if the exchange rate climbs to $5,000 per coin. Right now it is not sure whether "Satoshi" is a single individual, or a group of individuals. Also, it is not known for sure whether he is having access (i.e possessing the private key) to his Bitcoin stash. First of all, it is not even known whether he is dead or alive.
Or if he/she/they were/weren't just a cog in the wheel for "them."
I joined Poloniex a week or so before they sprung the reg compliance demand with just a couple days notice to pack your bags and leave.
At a $2000 US cap a day I was quite comfortable giving my name and Country to comply. If I ever accumulate that kind of money, and I am making gains as I learn, I'll also move it to my offline wallet. There are no guarantees when it comes to playing the alt trading game.
Beats hell out of Monopoly ;-)
At a $2000 US cap a day I was quite comfortable giving my name and Country to comply. If I ever accumulate that kind of money, and I am making gains as I learn, I'll also move it to my offline wallet. There are no guarantees when it comes to playing the alt trading game.
Beats hell out of Monopoly ;-)
...
OK, as a non-expert, all of this controversy re the future of Bitcoin comes perilously close to discouraging use of BTC...
"Confidence makes a currency."
All of this talk of forks, selling BTC by well-known names, etc. is likely to lead to loss of confidence in Bitcoin. Maybe those intimately involved with BTC development might not see this, but a loss of confidence among the general public (better said: casual users of BTC) will be a serious blow to confidence.
Loss of confidence would cause me (and many others I would guess) to SELL my Bitcoin.
OK, as a non-expert, all of this controversy re the future of Bitcoin comes perilously close to discouraging use of BTC...
"Confidence makes a currency."
All of this talk of forks, selling BTC by well-known names, etc. is likely to lead to loss of confidence in Bitcoin. Maybe those intimately involved with BTC development might not see this, but a loss of confidence among the general public (better said: casual users of BTC) will be a serious blow to confidence.
Loss of confidence would cause me (and many others I would guess) to SELL my Bitcoin.
Maybe that's the agenda...
Now that makes sense to me. Seems so obvious.
try to use your common sense and dont clock on suspects links, beleive me common sense is the best antivirus you will have 
agree that tool is very usefull.
You just need to be careful with links posted in threads.
Whenever possible try to scan links with http://www.virustotal.com
Whenever possible try to scan links with http://www.virustotal.com
agree that tool is very usefull.
not that useful actually, it detect plenty of false positive, it's better to copy past the link in a well secured VM, like vmware that can be encrypted too, or sandbox if you prefer
the temptation of checking a link is the main factor here, malicious coders usually play on this
Yeah well op is also saying that you can click accidentaly a signature link, but what can really happen for only clicking something, is it that bad?? I dont know about this kind of stuff, this guy made me scared now, i honestly clicked a lot of shit and nothing important happened to my computer so im just wondering if its that dangerous
Live and learn. I lost a thousand hours of music, not to mention pic files, personal projects, old contacts and almost my sanity because of an AVG lookalike scam that crashed my HD.
No, I wasn't smart enough to do a backup.
Re: "In 5 or 10 years I think every online retailer will accept Bitcoin." -Gavin
And by "ledger of truth and justice" I merely refer to the immutable nature of contracts and agreements being readily available for review on the blockchain. Much like the DNA of trade and commerce there will be less for expensive lawyers to argue over. That alone would be a game changer in social engineering.
Again, just my opinion.
Again, just my opinion.
Re: "In 5 or 10 years I think every online retailer will accept Bitcoin." -Gavin
I don't know how my post ended up in the quote. That's weird.
But some of you get the gist of what I'm saying I'm sure.
Just spitball'n
EDIT; Here it is again so it doesn't get lost in the middle of that quote.
The 12+% is simply an acceptable return on any investment imo.
I didn't mean to say that I was predicting what would happen in the next 5-10 years. If you read the post again you'll see that it's a reasonable assumption that BTC will not reach "household word" status if it doesn't both serve a purpose (simple BTC card without the credit card fees) and make people money (investors).
If those businesses with high margins and high profit could be persuaded to use BTC because it's an acceptable risk to HODL a percentage, and compel those they do business with to accept BTC transactions, then, imo, the blockchain will put down sound economical (socio/financial) roots.
The blockchain(s) then can become the shining star that it's attempting to become. Security and bloat are the major issues that need to be addressed to gain the confidence of the masses that do want a ledger of truth and justice going forward for future generations.
Those who wish to remain off the books (decentralization) will have to learn to hide their BTC well. Or trust in physical assets that are easy to hide.
fdyl
But some of you get the gist of what I'm saying I'm sure.
Just spitball'n
EDIT; Here it is again so it doesn't get lost in the middle of that quote.
The 12+% is simply an acceptable return on any investment imo.
I didn't mean to say that I was predicting what would happen in the next 5-10 years. If you read the post again you'll see that it's a reasonable assumption that BTC will not reach "household word" status if it doesn't both serve a purpose (simple BTC card without the credit card fees) and make people money (investors).
If those businesses with high margins and high profit could be persuaded to use BTC because it's an acceptable risk to HODL a percentage, and compel those they do business with to accept BTC transactions, then, imo, the blockchain will put down sound economical (socio/financial) roots.
The blockchain(s) then can become the shining star that it's attempting to become. Security and bloat are the major issues that need to be addressed to gain the confidence of the masses that do want a ledger of truth and justice going forward for future generations.
Those who wish to remain off the books (decentralization) will have to learn to hide their BTC well. Or trust in physical assets that are easy to hide.
fdyl