Bitcoins

sabretoothtigger

You can pretty much just copy it over to wherever and it works simply enough.
One I noticed recently was blackcoin which transmits instantly whenever money is sent, its the fastest one Ive used.

Plus it gives interest of 1% a year which most dont and there is a fixed number of coins. Doge coin has billions and more every day but bc is about 74 mil and btc is about 14m now and in some years 21m.

http://www.blackcoin.co/
BC costs about 7p now so alot cheaper and less known, personally I think its better especially if you hold any as it might even go up if others prefer it also.

About buying and selling, thats easy enough. Again its about who you know or how many you know who also use the same coin. So I could swap things with you if you want, thats really how its supposed to be used I think. local works well imo
Here is equivalent for BC, https://bittylicious.com/ in theory you can also sell for cash there but you'd need more then a few so often people switch to the more established coins to cash out, a site for switching cheaply is cryptsy

dryhat

Bitcoin up 30% in the past month.


..... just saying, like.

bigadaj

dryhat wrote: »

Bitcoin up 30% in the past month.


..... just saying, like.

Wondered where you'd been.

innovate

You never came here to announce the 50% crash in January.

BillJones

dryhat wrote: »

Bitcoin up 30% in the past month.


..... just saying, like.

As above, it's ludicrous, coming along to mention upticks, and disappearing when it goes back down.

It's the very definition of the stopped clock, that's right two times a day. What point do you think that you are making, with this strange activity?

JamesSmith2000

The United States has racked up so much debt, it's practically unpayable. We've reached the point where, even if the government doesn't default outright, it's still lost credibility and there are no other options but to default in one way or another. No one believes in the United States anymore. And can you blame them? So what comes next? SDR's or Bitcoin? What will replace the temporary international monetary system that is mathematically inevitable to be fail?
Jim Rickards is predicting that governments will try and force SDRs on us. That is in my opinion unlikely, because it takes the ability away from individual governments to steal wealth from the population by currency expansion. That is the wealth transfer from the population to the individual governments who have the power to create currency out of thin air and spend it exapanding the supply. And the SDR or a basket of currencies would take that ability away from individual sovereign governments.
With Bitcoin and other crypto's the main thing to remember is WE DO NOT KNOW YET IF IT IS A FREE MARKET CURRENCY OR IS IT TPTB GETTING US USED TO A DIGITAL CURRENCY THAT THEY WILL CONTROL OR MESS WITH?
Obviously I hope that it is this free market thing that it is supposed to be. But we still do not know where it came from or who is behind it. I personally find it hard to believe that Satoshi Nakamoto is one Japanese man who is singlehandedly responsible for such a sophisticated, elaborate and seemingly ingenious monetary system.
I love the fact that it goes with you anywhere on earth, there are no exchange rates or extra fee's and so far governments seemingly can not control it. Will that change in the future? Many will tell you that it is not possible to mess with the block chain and it is not possible to create any more units of bitcoin out of thin air. They will say that I am wrong to say anything could happen when it comes to virtual blips and computer code. "That Dr Author who wrote those books does not understand bitcoin" they will say. Well that may be true, but nobody can understand the powerful computer programs that may come in the future that can do anything imaginable online. For example I can imagine the possibility of the block chain being interfered with somehow and units of bitcoin being stolen, or just more units being created and added to the supply. "That can not happen, you do not understand how it works!" Bitcoin proponents tell me. Well if I can imagine it then it is a possibility. In the future very powerful computer programs will be able to do anything imaginable. Even if it messes up the entire bitcoin block chain so its not possible to see which units were genuine units and which were created out of thin air.
It is not tangible like gold and silver, so being virtual means it can have virtual programs mess with it. Another example is very powerful supercomputers of the future running an identical version of bitcoin alongside the original one. It could be so good that in time computers around the world find it hard to distinguish which is the real one. There could not only be more than one claim on every unit, but more than one unit for every claim. I could go on.
The point I want to make is that anything imaginable can be done in the virtual world. I do not believe anyone who tells me "no these things are not possible, bitcoin really is so safe there is no way to mess with it."
The very best money through history has been gold and silver and the monetary cycle keeps repeating through history. Going from money gold and silver over to currency (anything else) then expanding the supply until confidence is lost and then the cycle repeats. You can not easily expand the supply of monetary PM's, this is one of the main differences between money and currency.
My prediction this cycle will repeat in our lifetimes and gold and silver will once again be used as money. This time around as the monetary cycle repeats my prediction is some kind of digital way of transferring ownership of monetary precious metals will be done as well as physical units of monetary PM's changing hands for for hand to hand transactions.

dryhat

BillJones wrote: »

As above, it's ludicrous, coming along to mention upticks, and disappearing when it goes back down.

It's the very definition of the stopped clock, that's right two times a day. What point do you think that you are making, with this strange activity?

The Bitcoin price has fallen (slightly) over the past few days.

Just saying, like.

JohnRo

Same old, same old...round and round in ever decreasing circles. This thread has done this to death a dozen times over.

If anyone does "somehow, somewhere, someday" mess with bitcoin and bend it to their will for profit then they kill it, it dies and some other democratic crypto will rise instead. The perceived gain of control and manipulation cannot compensate the cost of doing such a thing.

I realise the flat earth society are holding regular seance and prayer meetings calling for and channelling the demise of all things btc but it's here to stay, the genie is out of the bottle and going from strength to strength.

The powers that be have as good as impossible a job controlling a digital decentralised currency. The only realistic option they have to try and stop democratic money it is do what they have done with some drugs and some terror, force it underground, which is clearly a storming success, not for the people everywhere of course, but for growing the power and control of the few over everyone else told they need protection from these artificially created menaces. Why the links and excuses haven't already been established by governments as a pretext for going after btc is a bit of a mystery though given the track record.

At least if you're working for the government forces pitched against these arbitrary evils you'll be paid well for it. Incentive enough to create them perhaps.

The Germans can see the writing is on the wall and took a decision not to fight it but create a framework that will allow them to take their pound of flesh anyway.

Lumps of inert shiny metal have had their day as a means of everyday exchange in a modern, interconnected, electronic, digital world. Until the lights go out for good. Clearly that hasn't stopped the electronic market manipulation of superficial paper values by the unaudited money printing masters of the universe though.

Marazan

Bitcoin has just lost 10% on the news that US Marshalls are going to auction off 29,656 of seized bitcoins. That's supposedly $16 million dollars worth of bitoins - anyone want to bet on how much they will actually go for?

JohnRo

The coins stolen by the FBI amount to a weeks worth of mining. Sold at private auction so they aren't affecting exchanges directly anyway, at least not immediately.

Impact will be slight to negligible imho. The 10% is just noise.