Yeah, and they pay good money for that shit too.
DEA paid Amtrak secretary $854,460 for data they could have had for free | The Verge
Declaration of Bitcoin Independance
- Thread starter lukep
- Start date
Yeah, and they pay good money for that shit too.
DEA paid Amtrak secretary $854,460 for data they could have had for free | The Verge
Give it a try, it's actually good. Here's an honest review about it:
1.) One of the best things is the low amount of restrictions, no chargebacks, no disputes, no account seizures / freezes, etc. For example, take https://cavitrex.com/ -- get verified with them like you would ANY payment processor (basic photo ID, utility bill, phone#), and you can withdraw $25,000/day. Could you imagine even trying that with PayPal? They would freeze your account within hours with that kind of activity.
2.) The shit thing is the confirmation times. For example, say I run my live / daily spending wallet down to 0. Then someone sends me a few BTC, and I want to pay some bills with that, for example my servers which have to be paid via PayPal / CC. So now I have to wait about 90 mins for that deposit to get confirmed, then send the funds to localbitcoins.com, wait another 90 mins for that to get confirmed, then make a trade with someone to send the PayPal payment for me, taking another hour or so. At the end, it took me 4 fucken hours to pay a hosting bill. What a pain in the ass.
Anonymity?
Bitcoin is anonymity agnostic, like a dollar bill is with its' serial number... It can be used either anonymously or not depending on how you use it... Exactly like dollars.
Stop thinking about bitcoin as a currency and start thinking of it as a protocol like http or you'll never understand it at all.
Holy shit not this FUD again!
I hear this shit so much I'm thinking of making an infographic about it or something... Should drum up some viral traffic... Anyway, propagation times on both credit cards and bitcoin is 1 second each. Both are immediate, and most businesses today don't make you wait around for confirmations after watching you spend it in front of them.
Yes double-spends can happen with bitcoin for a few confirmations, but it's too big of deal to pull off for buying everyday items... In fact no one has ever done it successfully before! (The one doublespend 2 years ago happened during a bad QT version upgrade and they rolled it back in a few minutes flat.)
If you're sending a large amount of money, 30-60 minutes is all it takes to make sure your transaction is the 'one true spend.' Any more than 30 minutes is pretty overkill, but if I were doing a real estate transaction then I might wait the whole 60.
-No one anywhere has ever suggested more than 60 minutes. Stop spreading fud.
LOL; you're doing it wrong bro. Earn bitcoin, hold bitcoin, spend bitcoin.
Wait for nothing. -Are there even any hosts out there that don't accept bitcoin still?
Which folk, the CEO folk, the TV host folk, or the non CEO, millionaire folk?
Half of that video was recorded at Porcfest this year, they were at a huge libertarian camp-out.
Digital Ocean
Linode
AWS
Hetzner
Rackspace
Softlayer
That's what I've got after ten seconds. Buying through some sketchy third party reseller doesnt count.
*shrug* Recently, many times blocks aren't solved for 60+ minutes. I'm not delusional here, that's just the way it's been for a couple months now, and 1 block = 1 confirmation. And anyone accepting 0 conf transactions is taking a risk, hence nobody does it.
Only the good ones. I have clients who tell me they can only host with a company that accepts BTC, and those hosts are absolute shit from my experience. To give you an example, was configuring a new server, and accidentally locked myself out (damn iptables
). That was a week ago, and I still don't have access to the server, because the host is useless. If that was my host, it would have been 15 minutes to resolve.
Liquidweb
Singlehop
pretty much every single major hosting company in world.
C'mon Luke, you can't be that naive.
I've never heard of half of those; AWS can't take bitcoin for political reasons, and the rest I admit are big but not as big as some of those I see:
Wordpress.com
Godaddy
Namecheap
Dreamhost
Linuxhost
Chunkhost
Bluehost
Gigahost
And I know Matt won't accept these guys, but you gotta admit this makes up quite a large amount of the industry:
160+ others here
In fact that's so many It leads me to believe that resellers (like Chunkhost) are now in the business of demanding that the service provider they are reselling (like Digital Ocean) not accept bitcoin so that Chunkhost still has a tiny edge there. Hmm, would make a lot of sense.
I declare you is a troll.I declare BTC is gay.
In fact thank you guys for reminding me why most of last year I refused to talk about bitcoin here. It has all come back to me. Each time I bring up an important happening of historical significance like today's DoI, which should have tons of interesting conversation naturally flowing from it, all I hear is nitpicking and trolling.
Not a single person had anything intelligent to say at all. So again, I'm going to stop talking about bitcoin entirely here; it's worse than a waste of time, it's actually stopping me from making bitcoins elsewhere.
Timing is perfect too... Lots of you are about to wonder WTF is happening to the price... Well I know and I ain't saying shit. :fart:
6600 views now. Only 70,451,400 more views before it reaches the greatness of the likes of:
[ame]http://www.youtube.com/watch?v=kfVsfOSbJY0[/ame]
Common man, you can't be that thick. They're all top tier hosting companies whereas the vast majority of the 160+ in your list are fly by night resellers. Who's trolling who here?
what do you think will happen luke?
Im in agreement with you and I think its going to be a huge part of the future. Devoted prob over 700+ hours since the beginning of the year in studying, reading, etc of it and I love it. I believe most people on this forum will look back 10 years from now and say shoulda, woulda, coulda....
Which do you think is more likely to happen in this scenario:
- People move out of New York
- People who know nothing about the internet go to the trouble to route their IP through a non-New York proxy
- People stop using bitcoin
If that's how the bitcoin community plans to react to regulation, they have accomplished the government's goal for them. All they have to do is throw out some regulations like a license and bitcoin becomes as useful as a condom that's been in a wallet for two decades.
Bitcoin is never going to be a voter's issue. It's never going to be something that people rise up and take to the streets in any meaningful way to protect. If it wants to gain widespread use and acceptance there's going to have to be comprise with the people who make the rules. Otherwise the only people who will continue to use it are the ones who put their life savings into bitcoin and didn't cash out while they could.
Everyone is confusing bitcoin as currency, with bitcoin as a protocol on which future technology will be built.
The protocol is where the future of Bitocoin lies. What that future is, I have no idea and admittedly, I am ignorant to technical details. However, I do see the value in moving in that direction.
People wont be able to stop using Bitcoin protocol any more than a user could stop using HTTP as a protocol, because the majority of them have no fucking idea what HTTP is. They have no idea that it is what powers the Internet.
The real money to be made in Bitcoin is not buy buying them IMO, although I do own a few. It will be in investing in companies that utilize the protocol and/or being a company that develops a technology that uses it.
This is eerily similar to the "no one will buy anything online" phenomenon that was rampant in the early Internet days, when everyone was scared of Ecommerce.
People said the same shit. No one will use it. No one will put there CC info online. And we see how that worked out.
The protocol is where the future of Bitocoin lies. What that future is, I have no idea and admittedly, I am ignorant to technical details. However, I do see the value in moving in that direction.
People wont be able to stop using Bitcoin protocol any more than a user could stop using HTTP as a protocol, because the majority of them have no fucking idea what HTTP is. They have no idea that it is what powers the Internet.
The real money to be made in Bitcoin is not buy buying them IMO, although I do own a few. It will be in investing in companies that utilize the protocol and/or being a company that develops a technology that uses it.
This is eerily similar to the "no one will buy anything online" phenomenon that was rampant in the early Internet days, when everyone was scared of Ecommerce.
People said the same shit. No one will use it. No one will put there CC info online. And we see how that worked out.
Bitcoin is just as vulnerable to being inflated and getting fucked up by people and governments because it's a work-in-progress still controlled and programmed by PEOPLE albeit democratically.. but we all know how bad democracies can go.
I'm no goldbug but at least gold remains gold no matter what the current governmental/political/economic fad is.
I'm no goldbug but at least gold remains gold no matter what the current governmental/political/economic fad is.