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hi, does anyone know if there is a browser(s) that does not feed info back to google?. I use linux but am not a geek (unfortunately) so cannot access the linux info sites! I can access a windows platform but for eg: firefox sends info to google I have been informed?. I mean subject, key words, ip address etc. I am trying to avoid my browsing being logged by anyone either bitcoin related or otherwise. I do not accept if you are doing nothing wrong you do not have to worry because what is legal today can easily become illegal tomorrow!. regards.
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large world wide forex trading platform now allows trading on the price of btc!
Bitcoins is not wealth per se. It's more like shares in a technology. So we are not going to get a more uniform distribution because it's not an issue and noone really cares.
yes its shares in a technology but as bitcoin holders sell into fiat which imo will coexist for some time then wider distribution is inevitable! saying no one cares is a fallacy as I care.
Re: What is the whole point of making a high quality cryptocurrency?
What is the whole point of making a high quality cryptocurrency?
Your future children, nieces, and nephews will be extremely proud of you for contributing to better the financial market for all men, women, and children world wide.
Your future children, nieces, and nephews will be extremely proud of you for contributing to better the financial market for all men, women, and children world wide.
The whole point of btc is to return autonomy over an individuals financial affairs back to the individual alone. No one -not government ,not banks, not corporations can ever take btc from you. As andreas said in canada btc is a push system where you alone decide the destination of all money under your control-not a pull system like current fiat whereby anyone with your details can debit your accounts without your permission!
bitcoin is a scam. when bitcoin prices are low, everything gets jacked up to like 80 bitcoins. when bitcoin is high, everything gets lowered to like 0.15. wtf is the point when you can use real money? wtf are you mining? did you literally buy a computer server for somebody else and think you're getting your money back when they give you like 5 bucks a month ahah.. good luck. what a bunch of bullshit.
the number of posts of this op (1) indicates to some extent the depth of his research into btc. It is plain nonsense imo what he has stated. it is true that very early adopters paid more btc for goods when the price was a few dollars or less. But if that was the going rate and you received your item that is not a "scam". Similarly today because of the phenomenal increase in btc value as a currency you pay less but again if you receive your item its not a scam. mining including cloud mining is something every participant has to decide if the roi is suitable for them. Again its an individual choice to do it or not so that is not a scam either!.
i'd say early adopters because when you ask the average person what bitcoin is, a lot of them don't know or ever heard of it.
bitcoin is still in beta and given potential numbers of adopters (most people in the world are unbanked even now)at around 7 billion then clearly we are barely in the innovative stage. crytocurrencies are innovations on a theme of the blockchain and so are all the start ups and exchanges (etf's have not even started). so its very early days.still imo.
You might have clicked on a phising link a while back and the scammer just waits dormant until you have a large transaction. Why didn't you activate 2FA? It would prevent this kind of stuff. You can even give out your user name and PW, but no one will be able to withdraw unless they have your personal device.
2FA does not work quite that well (at least not all the time). There are always potential ways around 2FA on websites. I would consider it to be reckless if someone is careless about their password simply because 2FA is enabled. 2FA should only be an additional security method, not the only security measure. Yes but I don't think this applies to LBC, which is the case with OP. You need 2FA to log in, withdraw coins, or release coins from escrow. Basically anything that involves movement of coins needs 2FA. To disable the 2FA, you'd have to have access to it in the first place.
you need 2fa to log in and withdraw coins but not to release from escrow. that is the prerogative 0f the seller/buyer.
Re: Come discuss the Bit Drop, the plan to give every person on Caribbean Island BTC
Its a cool idea, why are we picking this island in particular?
I think it is a bad idea. "you can lead a horse to water but not make it drink". a few may pick up on btc and follow through but my experience in life is that people excel or are interested when it comes from within and not imposed from outside. there are sufficient faucets already for btc. how many on that island are using those?
Tired of all these sideways movement..
Please share me some nice old thread at the time of those 2011 & 2013 bubbles,where people are happily watching the price rise, let me at least read them and be happy until the next moon ride..
Please share me some nice old thread at the time of those 2011 & 2013 bubbles,where people are happily watching the price rise, let me at least read them and be happy until the next moon ride..
bitcoin cannot fail because it is more than a working protocol that cannot be killed. it is an idea who's time has come. it is often compared to the internet (correctly imo). currently displacing payment processors at an increasing rate and used by many as a commodity. the first thing i read in 2011 bears repeating " 21 million bitcoins will be the maximum produced for 7 billion people- do the math".
i never used localbitcoins but i thought lbc just let buyers find sellers? what reporting do they do? does lbc require scanned ID like exchanges?
lbc itself only requests id in a dispute case. I am afraid its the hackers again who want other peoples money for nothing. sellers are now often requesting id for doing a trade. However I see little point in that if its a scam the hacker is providing false id and bank details to buy btc!. The solution I use is my trading history which is trust based and shows the seller he can deal with me. If it can only rise then why is it often dropping? There are no guarantees in this social experiment. I believe it has a future. But my opinion plus a cup of coffee equals... a cup of coffee.
that brings us back to the obvious "no one can fortell the future" however i plan future events in the hope things remain stable enough for them to come to be. if you refer to btc price changes there are enough reasons on this forum to explain that, however I believe that btc is an idea who's time has come and it is a mathematically based platform that will eventually change everything. its more than a social experiment it is a functioning alternative to give back individuals autonomy that has been appropriated by one means or another for the last 6000 years. that's worth being a part of imo.
in which case gold like btc which has a commodity value as well as a currency value and is known to have a limited supply, so it must be grossly undervalued! I think we just wait and see how it plays out.
There is demand from you and me, but not the general public
there's no demand for gold from the general public either. How many percent of the world populations owns gold? Yet gold prices have risen and are at an ATH. And gold's true intrinsic value isn't even close to the perceived market price, but that didn't stop it from demanding the current price it is now innit. Scarcity is what gave gold its value. Bitcoin has that same element and it's knowingly finite. That's all you need to make something valuable. coupled with fungibility and liquidity of course.
There used to be demand for gold, it used to be the universal currency and some national currencies are still linked with gold (so most people don't even need to own actual gold). The US disconnected the dollar form gold since Nixion was president and that is the only reason it seems like there is no demand for it, but let's be honest here bitcoin doesn't come anywhere close at the moment, even though bitcoin works much better as a currency.
If scarcity is the main factor that gives value why are 90% of alt/shitcoins completely worthless? Just because there is a supply cap doesn't mean people will jump hoops to get it.
I think the main ideas in this thread are correct in that there are many reasons which are unique to btc that implies it can only become universal and therefore rise in value. fiat is manipulated as are gold prices at the moment but i am not aware of any currencies still backed by gold? any examples you can give?
Nobody knows. It's just supply and demmand. The more people that use it the bigger the demmand gets and the price should go up.
+1 There is no theoretical limit. There are some quite unrealistic ideas in the short term but the current market value indicates (to me ) that some large companies that use the valuable number as a payment processing system are being offset by adoption. Do not forget btc is many things and I use it as a store of value ie a commodity. However as an idea its unstoppable now in some form or other we just have to be a bit adept at countering the attempts of banks to keep their monopoly over the individual.
Glad that it worked out for you man, and since I accompanied you through this ordeal you should.. lol jk
But seriously, Localbitcoins did nothing in this, as an escrow they should really explain everything to each side prior to the trade, since they're getting paid to do this they should be involved in this more actively rather than sit in corner and watch. I hope I never have to trade with localbitcoins, I don't like them very much.
But seriously, Localbitcoins did nothing in this, as an escrow they should really explain everything to each side prior to the trade, since they're getting paid to do this they should be involved in this more actively rather than sit in corner and watch. I hope I never have to trade with localbitcoins, I don't like them very much.
thanks for the moral support. I only use lbtc because it is at the moment the only alternative to an exchange to trade. To be fair most traders do not apply kyc I was just unfortunate but hope I have learned something in the experience.
Bad trades like this and so many others I see on here and on other places tells me that it is becoming harder and harder to trade btc for fiat and vice versa, I think this is a real problem, someone told me the other day that even cash deposits through bank accounts and wire transfers can also be charged back if someone really wanted, though they are not as easy as paypal. 
Can't you get some sort of document from your bank (if you don't already have one) which does not reveal your sensitive information but just enough to prove that it was you who sent the money and it was your bank account?
Can't you get some sort of document from your bank (if you don't already have one) which does not reveal your sensitive information but just enough to prove that it was you who sent the money and it was your bank account?
yes- that's what I have set up today. Unfortunately it takes 3 days and then I have to find someone who can download it to a document file and forward it!. But my time limit on the escrow runs out in 12 hrs and there is nothing more I can do now. I shall have to rely on the bank to recover the funds from the sellers a/c.
reginald1377: final statement prior to closing of the dispute time window:
1) selller has changed "terms of trade" from what I saw on 21/7/2014 to what is there now. Therefore I do not feel bound by kyc requirements.
2 I either cannot or will not (you choose) supply information which imposes on my right to a private financial life.
3)The requirements by lbtc are kyc by the back door:
A receipt of the payment
Bank bill statement
Personal ID document
Anything requested by LocalBitcoins support can also be uploaded here.
4) You can either -release the btc or return the fiat to the a/c from which it originated (thereby obviating your concern it came from an a/c other than my own) or keep both the btc and fiat for now.
5)I have instigated a fraud enquiry with the bank as I paid for goods you failed to supply. Only then when your a/c is debited by the bank will you realise the payment was from a genuine owner of the a/c.
6)Be aware that all this information will be online to the whole bitcoin community worldwide so that all bitcoiners can see and understand how localbitcoin.com and at least one of its sellers functions.
7) I will be posting a negative feedback report on this trade.
ps: I will also post any response and the decision of lbtc here so be careful if you decide to be "economical with the truth"
attempting to resolve this trade:
July 24, 2014, 10:25 a.m.
reginald1377: I have had real name verification on this site for a long time! I use Santander -same as you.
July 24, 2014, 10:22 a.m.
Deb2com : Or kindly tell me the name of the bank you sent money from, then I will release to you , is that ok.?
July 24, 2014, 10:20 a.m.
Deb2com : If you just give me just one ID showing your name, I will release the coins than going through all this stress mate
July 24, 2014, 9:52 a.m.
Deb2com : Why are you so difficult? Can you send me the account pls
July 24, 2014, 10:29 a.m.
Deb2com : Ok, good I will release to you on trust pls I will advise that you read terms of trade next time you buy from other sellers. I could just verify now because you paid from the same bank as me and I could see that your account has been created for long but you name is not yet verified as you claim. I will release on trust. Cheers
RESOLVED.
As with all disputes a negotiated settlement involving compromise is often the only answer. The sellers compromise was releasing the btc on a trust basis! My compromise was accepting the blame for not "allegedly" reading or understanding the terms and conditions.
conclusion. In my opinion a trust based system is the best way forward for btc. kyc failed in the fiat system and is failing in its application to btc. I do not know the answer for scammers, fraudsters and con-men? similarly the community is having difficulties with hackers, inside traders and colleagues in exchanges? any comments on how these can be tackled would be illuminating and welcome.
Bad trades like this and so many others I see on here and on other places tells me that it is becoming harder and harder to trade btc for fiat and vice versa, I think this is a real problem, someone told me the other day that even cash deposits through bank accounts and wire transfers can also be charged back if someone really wanted, though they are not as easy as paypal.
Can't you get some sort of document from your bank (if you don't already have one) which does not reveal your sensitive information but just enough to prove that it was you who sent the money and it was your bank account?
Can't you get some sort of document from your bank (if you don't already have one) which does not reveal your sensitive information but just enough to prove that it was you who sent the money and it was your bank account?
yes- that's what I have set up today. Unfortunately it takes 3 days and then I have to find someone who can download it to a document file and forward it!. But my time limit on the escrow runs out in 12 hrs and there is nothing more I can do now. I shall have to rely on the bank to recover the funds from the sellers a/c.
reginald1377: final statement prior to closing of the dispute time window:
1) selller has changed "terms of trade" from what I saw on 21/7/2014 to what is there now. Therefore I do not feel bound by kyc requirements.
2 I either cannot or will not (you choose) supply information which imposes on my right to a private financial life.
3)The requirements by lbtc are kyc by the back door:
A receipt of the payment
Bank bill statement
Personal ID document
Anything requested by LocalBitcoins support can also be uploaded here.
4) You can either -release the btc or return the fiat to the a/c from which it originated (thereby obviating your concern it came from an a/c other than my own) or keep both the btc and fiat for now.
5)I have instigated a fraud enquiry with the bank as I paid for goods you failed to supply. Only then when your a/c is debited by the bank will you realise the payment was from a genuine owner of the a/c.
6)Be aware that all this information will be online to the whole bitcoin community worldwide so that all bitcoiners can see and understand how localbitcoin.com and at least one of its sellers functions.
7) I will be posting a negative feedback report on this trade.
ps: I will also post any response and the decision of lbtc here so be careful if you decide to be "economical with the truth"
attempting to resolve this trade:
July 24, 2014, 10:25 a.m.
reginald1377: I have had real name verification on this site for a long time! I use Santander -same as you.
July 24, 2014, 10:22 a.m.
Deb2com : Or kindly tell me the name of the bank you sent money from, then I will release to you , is that ok.?
July 24, 2014, 10:20 a.m.
Deb2com : If you just give me just one ID showing your name, I will release the coins than going through all this stress mate
July 24, 2014, 9:52 a.m.
Deb2com : Why are you so difficult? Can you send me the account pls
He's afraid that you've tricked someone else into sending the money by promising to sell them something. It's a very common way to scam people.
That is a method I was not aware of! I wish someone would produce a "common scamming methods manual" so we can familiarise ourselves with all these!
I know kyc does not work because if it did there would be no scams in the fiat world. I do not think it will work in btc but I have avoided exchanges and this is my first problem in lbtc. For example I fail to see a photo of a bank card proves anything other than I have the card in my possession, stolen,borrowed or otherwise? I fail to see ID being linked to any bank a/c since the only relevant similarity would be the name (I have real name verification on the site). But I share my initial and surname with my son and at least one famous actor+ hundreds more people. I rely more on trust rating but the seller obviously does not?. I do not pretend to know what the answer to scammers is but I know kyc is not the answer.
Bad trades like this and so many others I see on here and on other places tells me that it is becoming harder and harder to trade btc for fiat and vice versa, I think this is a real problem, someone told me the other day that even cash deposits through bank accounts and wire transfers can also be charged back if someone really wanted, though they are not as easy as paypal.
Can't you get some sort of document from your bank (if you don't already have one) which does not reveal your sensitive information but just enough to prove that it was you who sent the money and it was your bank account?
Can't you get some sort of document from your bank (if you don't already have one) which does not reveal your sensitive information but just enough to prove that it was you who sent the money and it was your bank account?
yes- that's what I have set up today. Unfortunately it takes 3 days and then I have to find someone who can download it to a document file and forward it!. But my time limit on the escrow runs out in 12 hrs and there is nothing more I can do now. I shall have to rely on the bank to recover the funds from the sellers a/c.
reginald1377: final statement prior to closing of the dispute time window:
1) selller has changed "terms of trade" from what I saw on 21/7/2014 to what is there now. Therefore I do not feel bound by kyc requirements.
2 I either cannot or will not (you choose) supply information which imposes on my right to a private financial life.
3)The requirements by lbtc are kyc by the back door:
A receipt of the payment
Bank bill statement
Personal ID document
Anything requested by LocalBitcoins support can also be uploaded here.
4) You can either -release the btc or return the fiat to the a/c from which it originated (thereby obviating your concern it came from an a/c other than my own) or keep both the btc and fiat for now.
5)I have instigated a fraud enquiry with the bank as I paid for goods you failed to supply. Only then when your a/c is debited by the bank will you realise the payment was from a genuine owner of the a/c.
6)Be aware that all this information will be online to the whole bitcoin community worldwide so that all bitcoiners can see and understand how localbitcoin.com and at least one of its sellers functions.
7) I will be posting a negative feedback report on this trade.
ps: I will also post any response and the decision of lbtc here so be careful if you decide to be "economical with the truth"