Jesus christ you ph0rkers are dense
Are you against all forks including the last one - CLTV? If you must get emotional and attack with ad hominems than at least pick better insults.
Topic: Bitcoin XT - Officially #REKT (also goes for BIP101 fraud) - page 35. (Read 378991 times)
Jesus christ you ph0rkers are dense
Are you against all forks including the last one - CLTV? If you must get emotional and attack with ad hominems than at least pick better insults.
They also don't understand what politics is and how everything human is also political.
Hint: It isn't what you see on CNBC and Fox News
Hint: It isn't what you see on CNBC and Fox News
Now, now Veritas, no need to create suckpuppet accounts to spam the thread
Yeah, an account created 33 months ago with an obviously different writing style and 600 posts is definitely a sock puppet of Veritas. Such an astute observation, nice one =)
Jesus christ you ph0rkers are dense
Your amazon example is a marginal situation. Sure you might enjoy the benefits of jumping through these hoops but please don't pretend it is in anyway convenient for anyone other than determined Bitcoiners.
There is a very large group of people who waste a bit of time comparison shopping and cutting out coupons as well. The amount of effort to use foldapp and purse isn't any more.
I guess we lost track of the argument here... To be clear: I proposed that Bitcoin is currently incapable of competing with traditional payment systems as far as mainstream adoption is concerned.
Your argument that a certain marginal section of consumers has adopted dubious behaviours does not support the assertion that others will do the same..
Yes, maybe, eventually, in 10 years maybe.
By then most people will be transacting using Lightning though.
Raising the block size does not solve consumers issues relating to non-reversible transactions, security and general consumer protection.
More transaction throughput doesn't provide any more incentive for merchants to accept & HOLD bitcoins.
Quote from: Gavin Andresen
Raising the block size is NOT a panacea.
If we increase the blocksize then Bitcoin will be capable of competing with traditional payment systems, It is very simply really.
That's not even funny anymore. 
Your amazon example is a marginal situation. Sure you might enjoy the benefits of jumping through these hoops but please don't pretend it is in anyway convenient for anyone other than determined Bitcoiners.
There is a very large group of people who waste a bit of time comparison shopping and cutting out coupons as well. The amount of effort to use foldapp and purse isn't any more.
I guess we lost track of the argument here... To be clear: I proposed that Bitcoin is currently incapable of competing with traditional payment systems as far as mainstream adoption is concerned.
Your argument that a certain marginal section of consumers has adopted dubious behaviours does not support the assertion that others will do the same..
They also don't understand what politics is and how everything human is also political.
Hint: It isn't what you see on CNBC and Fox News
Now, now Veritas, no need to create suckpuppet accounts to spam the thread Hint: It isn't what you see on CNBC and Fox News
Quote from: Aristotle
Hence it is evident that the state is a creation of nature, and that man is by nature a political animal.
Talks about loud, vocal minority.
Links to forum with almost 300 members!
LOL, Very true, but than again do you know of any developers at the momment who don't support a blocksize increase? Even Peter Todd is favorable to increasing the blocksize (segwitt) where before he wasn't.
I guess we lost track of the argument here... To be clear: I proposed that Bitcoin is currently incapable of competing with traditional payment systems as far as mainstream adoption is concerned.
Perhaps you should stick to addressing my arguments directly instead of assuming positions that I don't have. Of course bitcoin cannot replace Visa now, that would be an insane position to take with its 3-7tps.
Your amazon example is a marginal situation. Sure you might enjoy the benefits of jumping through these hoops but please don't pretend it is in anyway convenient for anyone other than determined Bitcoiners.
There is a very large group of people who waste a bit of time comparison shopping and cutting out coupons as well. The amount of effort to use foldapp and purse isn't any more.
I guess we lost track of the argument here... To be clear: I proposed that Bitcoin is currently incapable of competing with traditional payment systems as far as mainstream adoption is concerned.
Your argument that a certain marginal section of consumers has adopted dubious behaviours does not support the assertion that others will do the same..
Everyone wants the blocksize to increase. The mini-blockers are a loud, vocal minority that are already on the wrong side of history.
https://bitco.in/forum/threads/who-is-for-and-against-expanding-the-block-size-reasonably-soon.119/
https://bitco.in/forum/threads/who-is-for-and-against-expanding-the-block-size-reasonably-soon.119/
Talks about loud, vocal minority.
Links to forum with almost 300 members!
Your amazon example is a marginal situation. Sure you might enjoy the benefits of jumping through these hoops but please don't pretend it is in anyway convenient for anyone other than determined Bitcoiners.
There is a very large group of people who waste a bit of time comparison shopping and cutting out coupons as well. The amount of effort to use foldapp and purse isn't any more.
But the PayPal of the underworld won't push the price through the roof.
I only use bitcoin on the whitemarket so am not the biggest expert on the blackmarket, but crunching some numbers can quickly reflect that even if bitcoin was used in a reasonable 5% of blackmarket txs with 0 greymarket and whitemarket use cases it would still grow to over 100k in value per btc in price. It is sometimes difficult to appreciate how large the blackmarket is. In many countries, the black and grey markets are necessarily larger than the "white market"
Whenever I spend my Bitcoins I immediately buy more, this way I am not subjected to this dilemma. 
They also don't understand what politics is and how everything human is also political.
Hint: It isn't what you see on CNBC and Fox News
Hint: It isn't what you see on CNBC and Fox News
Now, now Veritas, no need to create suckpuppet accounts to spam the thread
I hope you don't run a business.
I own several , and even pay some employees in btc, but no reason to use an ad hominem .... address the argument above directly.
More power to you!
Pray tell, do all your suppliers accept Bitcoin as payment?
Of course not... but before you proceed , address my question refuting your statement that I should use fiat first.
Why? Even if we ignore appreciation and I buy btc at 1% above spot , I can immediately save 20-30% off amazon with regulatory arbitrage.
Why should I spend fiat first instead?
Your amazon example is a marginal situation. Sure you might enjoy the benefits of jumping through these hoops but please don't pretend it is in anyway convenient for anyone other than determined Bitcoiners.
As a more general rule, you should spend fiat because its purchasing power constantly depreciates while Bitcoin's appreciates on a long scale. Again, what I'm proposing is nothing novel. It has been the reaction and general attitude of individuals anytime a better form of money was introduced throughout history.
Go online and try buying a full auto M-16 and an ounce of peruvian blue flake cocaine with your Visa card. Report back and tell me how that works out for you.
Its getting so bad with operation chokepoint that using visa with 100% legal goods and services like certain ammo and porn can no longer be purchased without bitcoin.
That's the truth. Bitcoin has a purpose that can't be duplicated by any other payment method. The problem is investors and early adopters want it to be used for everything so the price will hike up and they can sell out for fiat and buy a Lamborghini and a new house. Bitcoin is decades or generations away from being capable of replacing Credit Cards. It doesn't need to fill that roll right now. Currently, it only needs to be best at one thing, buying contraband anonymously online. But the PayPal of the underworld won't push the price through the roof.
I hope you don't run a business.
I own several , and even pay some employees in btc, but no reason to use an ad hominem .... address the argument above directly.
More power to you!
Pray tell, do all your suppliers accept Bitcoin as payment?
Of course not... but before you proceed , address my question refuting your statement that I should use fiat first.
Why? Even if we ignore appreciation and I buy btc at 1% above spot , I can immediately save 20-30% off amazon with regulatory arbitrage.
Why should I spend fiat first instead?
I hope you don't run a business.
I own several , and even pay some employees in btc, but no reason to use an ad hominem .... address the argument above directly.
More power to you!
Pray tell, do all your suppliers accept Bitcoin as payment?
Go online and try buying a full auto M-16 and an ounce of peruvian blue flake cocaine with your Visa card. Report back and tell me how that works out for you.
Maybe you missed this part
It might be for certain niche use cases (overseas transfers) but for everyday business it can't hold a candle to my VISA card.
Your posts sound like advertisements for Visa.
Sounds too good to be true heh? Well it's not!
Go online and try buying a full auto M-16 and an ounce of peruvian blue flake cocaine with your Visa card. Report back and tell me how that works out for you.
Its getting so bad with operation chokepoint that even with 100% legal goods and services like certain ammo and porn can no longer be purchased without bitcoin.
I use Bitcoin as a currency almost on a daily basis and I find it much easier and convenient compared to other payment solutions. I often buy my diners from this site: http://www.thuisbezorgd.nl/
Using a Airbitz wallet on an android smart phone, while using Bitpay as a payment processor it is incredibly fast, easy and convenient. I even find it to be superior compared to the other payment options that are available to me. My life and experience serves as a counterfactual to your obviously flawed statements.
I often find that the small blockist perspective is very bearish on Bitcoin, keep telling us how fragile, and unpractical Bitcoin is. I disagree, Bitcoin is great it can do all the things that you say it can not.
Using a Airbitz wallet on an android smart phone, while using Bitpay as a payment processor it is incredibly fast, easy and convenient. I even find it to be superior compared to the other payment options that are available to me. My life and experience serves as a counterfactual to your obviously flawed statements.
I often find that the small blockist perspective is very bearish on Bitcoin, keep telling us how fragile, and unpractical Bitcoin is. I disagree, Bitcoin is great it can do all the things that you say it can not.
No it's not. That's not how it works as this is nothing but anecdotal evidence.
You're simply part of the marginal case of users who like to pretend that novelty = convenience when it's clear the rest of the world (and Bitcoin's largest holders) are not buying the delusion that Bitcoin is somehow superior to other payment systems. At least not yet.
It might be for certain niche use cases (overseas transfers) but for everyday business it can't hold a candle to my VISA card.
It also takes 3 seconds to order diner using my VISA. Moreover I get 2% cash back on everything and it comes with industry leading consumer protection.
Have your parents fully converted to Bitcoin and are they using it everywhere they go now?
If it is so superior to other solutions then why not?
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