DOJ Hasn't Actually Found Silk Road Founder's Bitcoin Yet ...

We are averaging 2,000 new subs daily.

We just celebrated the 350,000 mark 5 days ago and today we are over 360,000. Nice to see this sub and the Bitcoin community in general growing this big and this fast.
If you are one of those many just coming in, welcome! I'm sure you'll find this place very interesting, fun and informative. We are here to help you to better understand what Bitcoin is and and how it works, and for ourselves to keep learning. This is my welcome post for newbies:
When you come asking when is a good time to buy, the answer is: Buy now, always Hodl in FUD times (Bitcoin has "died" many times, but Moneybadger don't care, buy the dips and never panic-sell, stuff like: "China ban Bitcoin...again!" will keep happening again and again.
Here's Bitcoin's response to Jamie Dimon. Stick to the real Bitcoin through all the 'forks' and 'splits' that accomplish nothing but new mediocre, unsafe and centralized altcoins, strengthen/immunize Bitcoin and give you free altcoins to buy more Bitcoin.
All Central Powers look silly trying to control or ban it. Learn from history and listen to this absolute Boss. There will never be enough Bitcoin for every existing millionaire to own just ONE SINGLE BITCOIN, Total number of millionaires (in USD value) worldwide is around 33 million. Get one while you still can.
Also relax, you are actually an early adopter if you start investing today, mentally prepare yourself for healthy and expected market volatility/dips/corrections/"crashes" (check out this amazing 'Corrections Trends Perspective') and remember all this regarding Bitcoin investment:
Never try to time the market. Dollar cost average by buying what you can afford to lose every week.
It is always a good time to buy Bitcoin if you are hodling long term and not just for day trading, so this is a great strategy. Remember that Bitcoin has practically been up most of the time, and the road to the moon is paved with minor corrections (Bitcoin is never really "down" when you zoom-out).
Everybody parroting: "The bitcoin bubble is about to pop" since 2009, don't know that bitcoin is a decentralized system with mathematically fixed, deflatioary and limited supply currency and its growth is exponential.
So is not farfetched to say that it will be at 100,000 by 2020, since it came from less than $1 to $5,000 in less than 10 years, and it hasn't even hit the bottom part of the exponential 'S-Curve' of adoption. Check out this great 2017 MIT study: "The Cryptocurrency Market Is Growing Exponentially". Patience pays, don't listen to the "Expert Analysts on MSM".
Bitcoin is a Moneybadger that get's stronger and immunized with every new attack and this broad picture of its price since infancy (1 year candles on a logarithmic scale) shows Bitcoin growth is not in a "bubble" right now. Learn the difference between Inflation (dollar) and Deflation (Bitcoin) and just take a look at the fiat >20 trillion (and growing fast) debt clock to get a visual shock of unlimited fiat supply (vs limited Bitcoin/Gold supply).
Bitcoin has outperformed every other currency, commodity, stock and asset since its inception in 2009: "2017: Bitcoin Beats Stocks, Bonds, And Gold, Again”. Bitcoin, the Moneybadger, is the first unseizable store of value in human history, unlike gold, equities, or fiat, it can't be confiscated if stored correctly. How banks think blockchain will disrupt their industry.
Also, remember its fixed, limited supply of 21 million coins ever, there are just ~4.5 million (~20%) bitcoins left to be mined till 2140 and the production will keep decreasing ("halving") every 4 years till then. So, remember this and don't wait for the Bitcoin "bubble" to burst or for the price to drop significantly again, because you could be waiting forever:
“The best time to buy bitcoin was a few years ago, the second best time is always now”.
Don't be -- this guy
Here is a good start:
"Introduction to Bitcoin" - Andreas Antonopoulos
Playlists on Andreas own YT channel
Check out this great articles:
"What Gave Bitcoin Its Value?"
"How do Bitcoins have value?"
"Yes, Cryptocurrencies are Valuable"
ELI5: BITCOIN
How to buy Bitcoin?
Where to buy Bitcoin list
Excellent "Crypto 101" by stos313)
Where to use Bitcoin list by Bitcoin-Yoda
Starter Guide "Bitcoin Complete And Ultimate Guide".
Who accepts Bitcoin? List of Companies, Stores, Shops.
Bitcoin is a worldwide-distributed decentralized peer-to-peer censorship-resistant trustless and permissionless deflationary system/currency (see Blockchain technology) backed by mathematics, open source code, cryptography and the most powerful and secure decentralized computational network on the planet, orders of magnitude more powerful than google and government combined. There is a limit of 21 million bitcoins (divisible in smaller units). "Backed by Government" money is not backed by anything and is infinitely printed at will by Central Banks. Bitcoin is limited and decentralized.
Receive and transfer money, from cents (micropayments) to thousands:
And that’s just as currency, Bitcoin has many more uses and applications.
Edit: Fixed some non-working links and added new ones.
submitted by readish to Bitcoin [link] [comments]

Biased Sunday Preaching: Why I believe in Bitcoin

Biased Sunday Preaching: Bitcoin

If you pay attention to the Noel Prize winner in Economy Paul Krugman, you will have been warned about bitcoin.
There is a bubble that we should talk about -- a Ponzi scheme where people are rewarded.
The US ended up being the world's reserve currency for reasons highly related to politics and economy. It benefitted the most from post-WWII industrialization, maintained power over oil resources (though in other countries), and initially had its dollar tied to gold. The 1944 Bretton Woods Accord was signed by 44 countries, and gave $35 for an ounce of gold. Thirty years later and Nixon unlinked gold and the dollar.
The late 20th century saw a massive movement of manufacturing from the US to China, to exploit cheap labor. Our standard of living changes are very tied to that. The hourly wage of Americans is high compared to most of the world.
But things don't always last. There's this theory called the Strauss-Howe generational theory, which outlines an archetype of generations, described by four cycles: High, Awakening, Unraveling, Crisis. The idea is basically this: when things are bad, people work to improve them, so things get better; when things are good, people ignore them, so things get worse. I've seen the thing over and over in social groups: small groups are tight-knit and personal, so they grow; large groups become faceless and restrictive, so they shrink if they can't figure out how to create the small group dynamics. I digress.
Yes, this relates to economics, as it is about philosophical principles that drive economies, and how people work on improving value or ignoring that.

Tulip Mania

The question is, what creates monetary value?
The answer is, trust. Sometimes the complete lack of trust in each other.
There's an apocryphal story about how tulip bulbs were were sold for ten times the annual income of a skilled craftsmen, in the the Dutch commerce. The point of the story is that people became crazed about something that has low value. And that at some point people stopped buying tulips, thereby collapsing its price. Obviously a ridiculous story on its face, because tulips don't last and aren't a currency, and the value created was because people wanted the tulips for social reasons.
What's backing the US dollar? If hyperinflation were to happen due to a new war or major economic collapse, your dollars would be worthless. Even putting those dollars into a banking account today, depending on your banking account, it's hard to say whether you would have equivalent buying power in a few decades. Those dollars would have lost value due to inflation. Some argue that inflatable currencies are a Ponzi scheme, with the hidden tax of inflation behind them.

What are you talking about?

Cryptocurrency.
I'm leading into talking about cryptocurrency. Bitcoin. Ethereum. And plenty others.
I'm a firm believer that Bitcoin will retain -- and increase -- in value over the next several decades. There will be other competitors that may gain in more value, but they will be service specific.
I have several reasons for this.
1) All governments will inflate their currency, thereby losing value to those who are invested in them. Inflation is the hidden tax on us all. There is not only a nothing tangible thing behind that piece of paper or zeros and ones on a computer, but there isn't even a limited supply. Dollars come out of thin air, at a whim. The world has limited resources, but unlimited possible dollars.
2) Bitcoin is limited, therefore rare. Whether it is under or overvalued currently, I think it is a long term solution. It still allows for growth, as those computer bytes are nearly infinitely divisible. And other cryptos can allow for secondary currencies.
3) The younger generations will increasingly invest in crypto, and out of classical investment models. We will continue to see less money going from stocks to new crypto businesses that incorporate these as their models.
4) Crypto is global. It is not tied to a specific country, therefore, for many of the large cryptocurrencies, we are all in this together. If a country has problems with its currency, it will affect crypto value. But I would rather a a global hedge over a local, volatile hedge.
5) New models will result from this. Business. Political. Sociel. Technological. Distributed, decentralized models will be very robust long term.

What now?

Don't go and spend your entire bank account on crypto. Just. Don't. It's volatile, and you will get emotional, leading to stupid decisions. But do spend a small portion of it to get into this space. This is a long investment, unless you are using it to buy something tangible, such as from your local tech shop.
But watch the space. There are models here that will become increasingly important.
If you do hanker for buying bitcoin, I recommend coinbase or bitstamp.
They say that a bubble exists only when people don't recognize that something is a bubble.
The question that we have to answer is this: will the US retain global dominance, and how do we react to that answer?
submitted by TheMysteriousFizzyJ to WayOfTheBern [link] [comments]

Biased Sunday Preaching: Why I believe in Bitcoin

Biased Sunday Preaching: Bitcoin

If you pay attention to the Noel Prize winner in Economy Paul Krugman, you will have been warned about bitcoin.
There is a bubble that we should talk about -- a Ponzi scheme where people are rewarded.
The US ended up being the world's reserve currency for reasons highly related to politics and economy. It benefitted the most from post-WWII industrialization, maintained power over oil resources (though in other countries), and initially had its dollar tied to gold. The 1944 Bretton Woods Accord was signed by 44 countries, and gave $35 for an ounce of gold. Thirty years later and Nixon unlinked gold and the dollar.
The late 20th century saw a massive movement of manufacturing from the US to China, to exploit cheap labor. Our standard of living changes are very tied to that. The hourly wage of Americans is high compared to most of the world.
But things don't always last. There's this theory called the Strauss-Howe generational theory, which outlines an archetype of generations, described by four cycles: High, Awakening, Unraveling, Crisis. The idea is basically this: when things are bad, people work to improve them, so things get better; when things are good, people ignore them, so things get worse. I've seen the thing over and over in social groups: small groups are tight-knit and personal, so they grow; large groups become faceless and restrictive, so they shrink if they can't figure out how to create the small group dynamics. I digress.
Yes, this relates to economics, as it is about philosophical principles that drive economies, and how people work on improving value or ignoring that.

Tulip Mania

The question is, what creates monetary value?
The answer is, trust. Sometimes the complete lack of trust in each other.
There's an apocryphal story about how tulip bulbs were were sold for ten times the annual income of a skilled craftsmen, in the the Dutch commerce. The point of the story is that people became crazed about something that has low value. And that at some point people stopped buying tulips, thereby collapsing its price. Obviously a ridiculous story on its face, because tulips don't last and aren't a currency, and the value created was because people wanted the tulips for social reasons.
What's backing the US dollar? If hyperinflation were to happen due to a new war or major economic collapse, your dollars would be worthless. Even putting those dollars into a banking account today, depending on your banking account, it's hard to say whether you would have equivalent buying power in a few decades. Those dollars would have lost value due to inflation. Some argue that inflatable currencies are a Ponzi scheme, with the hidden tax of inflation behind them.

What are you talking about?

Cryptocurrency.
I'm leading into talking about cryptocurrency. Bitcoin. Ethereum. And plenty others.
I'm a firm believer that Bitcoin will retain -- and increase -- in value over the next several decades. There will be other competitors that may gain in more value, but they will be service specific.
I have several reasons for this.
1) All governments will inflate their currency, thereby losing value to those who are invested in them. Inflation is the hidden tax on us all. There is not only a nothing tangible thing behind that piece of paper or zeros and ones on a computer, but there isn't even a limited supply. Dollars come out of thin air, at a whim. The world has limited resources, but unlimited possible dollars.
2) Bitcoin is limited, therefore rare. Whether it is under or overvalued currently, I think it is a long term solution. It still allows for growth, as those computer bytes are nearly infinitely divisible. And other cryptos can allow for secondary currencies.
3) The younger generations will increasingly invest in crypto, and out of classical investment models. We will continue to see less money going from stocks to new crypto businesses that incorporate these as their models.
4) Crypto is global. It is not tied to a specific country, therefore, for many of the large cryptocurrencies, we are all in this together. If a country has problems with its currency, it will affect crypto value. But I would rather a a global hedge over a local, volatile hedge.
5) New models will result from this. Business. Political. Sociel. Technological. Distributed, decentralized models will be very robust long term.

What now?

Don't go and spend your entire bank account on crypto. Just. Don't. It's volatile, and you will get emotional, leading to stupid decisions. But do spend a small portion of it to get into this space. This is a long investment, unless you are using it to buy something tangible, such as from your local tech shop.
But watch the space. There are models here that will become increasingly important.
If you do hanker for buying bitcoin, I recommend coinbase or bitstamp.
They say that a bubble exists only when people don't recognize that something is a bubble.
The question that we have to answer is this: will the US retain global dominance, and how do we react to that answer?
submitted by TheMysteriousFizzyJ to WeAreNotAsking [link] [comments]

[uncensored-r/Bitcoin] We are averaging 2,000 new subs daily.

The following post by readish is being replicated because some comments within the post(but not the post itself) have been silently removed.
The original post can be found(in censored form) at this link:
np.reddit.com/ Bitcoin/comments/76xp8w
The original post's content was as follows:
We just celebrated the 350,000 mark 5 days ago and today we are over 360,000. Nice to see this sub and the Bitcoin community in general growing this big and this fast.
If you are one of those many just coming in, welcome! I'm sure you'll find this place very interesting, fun and informative. We are here to help you to better understand what Bitcoin is and for ourselves to keep learning. This is my welcome post for newbies:
When you come asking when is a good time to buy, the answer is: Buy now, always Hodl in FUD times (Bitcoin has "died" many times, but Moneybadger don't care, buy the dips and never panic-sell, stuff like: "China ban Bitcoin...again!" will keep happening again and again.
Here's Bitcoin's response to Jamie Dimon. Stick to the real Bitcoin through all the 'forks' and 'splits' that accomplish nothing but new mediocre, unsafe and centralized altcoins, strengthen/immunize Bitcoin and give you free altcoins to buy more Bitcoin.
All Central Powers look silly trying to control or ban it. Learn from history. There will never be enough Bitcoin for every existing millionaire to own just ONE SINGLE BITCOIN, Total number of millionaires (in USD value) worldwide is around 33 million. Get one while you still can.
Also relax, you are actually an early adopter if you start investing today, mentally prepare yourself for healthy and expected market volatility/dips/corrections/"crashes" (check out this amazing 'Corrections Trends Perspective') and remember all this regarding Bitcoin investment:
Never try to time the market. Dollar cost average by buying what you can afford to lose every week.
It is always a good time to buy Bitcoin if you are hodling long term and not just for day trading, so this is a great strategy. Remember that Bitcoin has practically been up most of the time, and the road to the moon is paved with minor corrections (Bitcoin is never really "down" when you zoom-out).
Everybody parroting: "The bitcoin bubble is about to pop" since 2009, don't know that bitcoin is a decentralized system with mathematically fixed, deflatioary and limited supply currency and its growth is exponential.
So is not farfetched to say that it will be at 100,000 by 2020, since it came from less than $1 to $5,000 in less than 10 years, and it hasn't even hit the bottom part of the exponential 'S-Curve' of adoption. Check out this great 2017 MIT study: "The Cryptocurrency Market Is Growing Exponentially". Patience pays, don't listen to the "Expert Analysts on MSM".
Bitcoin is a Moneybadger that get's stronger and immunized with every new attack and this broad picture of its price since infancy (1 year candles on a logarithmic scale) shows Bitcoin growth is not in a "bubble" right now. Learn the difference between Inflation (dollar) and Deflation (Bitcoin) and just take a look at the fiat >20 trillion (and growing fast) debt clock to get a visual shock of unlimited fiat supply (vs limited Bitcoin/Gold supply).
Bitcoin has outperformed every other currency, commodity, stock and asset since its inception in 2009: "2017: Bitcoin Beats Stocks, Bonds, And Gold, Again”. Bitcoin, the Moneybadger, is the first unseizable store of value in human history, unlike gold, equities, or fiat, it can't be confiscated if stored correctly. How banks think blockchain will disrupt their industry.
Also, remember its fixed, limited supply of 21 million coins ever, there are just ~4.5 million (~20%) bitcoins left to be mined till 2140 and the production will keep decreasing ("halving") every 4 years till then. So, remember this and don't wait for the Bitcoin "bubble" to burst or for the price to drop significantly again, because you could be waiting forever:
“The best time to buy bitcoin was a few years ago, the second best time is always now”.
Don't be -- this guy
Here is a good start:
"Introduction to Bitcoin" - Andreas Antonopoulos
Playlists on Andreas own YT channel
Check out this great articles:
"What Gave Bitcoin Its Value?"
"How do Bitcoins have value?"
How to buy Bitcoin?
Where to buy Bitcoin list
Excellent "Crypto 101" by stos313)
Where to use Bitcoin list by Bitcoin-Yoda
Bitcoin is a worldwide-distributed decentralized peer-to-peer censorship-resistant trustless and permissionless deflationary system/currency (see Blockchain technology) backed by mathematics, open source code, cryptography and the most powerful and secure decentralized computational network on the planet, orders of magnitude more powerful than google and government combined. There is a limit of 21 million bitcoins (divisible in smaller units). "Backed by Government" money is not backed by anything and is infinitely printed at will by Central Banks. Bitcoin is limited and decentralized.
Receive and transfer money, from cents (micropayments) to thousands:
  • Cheap regardless of amount $$$ sent (more scaling apps coming)
  • Borderless (no country can stop it from going in/out or confiscate)
  • Trustless (nobody needs to trust anybody for it to work)
  • Privacy (no need to expose personal information)
  • Securely (encrypted cryptographically and can’t be confiscated)
  • Permissionless (no approval from central powers needed)
  • Instantly (from seconds to a few minutes)
  • Open source (auditable by anybody)
  • Worldwide distributed (from anywhere to anywhere on the planet)
  • Censorship resistant (no government can stop its use)
  • Peer-to-peer (no intermediaries with a cut)
  • Portable (easier to carry/move than cash, gold and silver)
  • Public ledger (transparent, seen by everybody)
  • Scalable (each bitcoin is divisible down to 8 decimals)
  • Decentralized (distributed with no single point of failure)
  • Deflationary (its supply goes down with time until reaching 21 million ever)
  • Immutable global registry (can’t be altered/hacked by nobody)
  • No chargebacks-No fraud ('push' vs' 'pull' transactions).?
And that’s just as currency, Bitcoin has many more uses and applications.
Edit: Formatting.
submitted by censorship_notifier to noncensored_bitcoin [link] [comments]

11-04 18:13 - 'Great post! Yes, when uninformed people just viscerally and reflectively spout to this day: "Bubble!!", "Tulips!!", "Ponzi/Pyramid!!", "Too late to buy!!", etc. that's the exact same thing people said when it hit ATH $1 in 2009...' by /u/readish removed from /r/Bitcoin within 1-11min

'''
Great post! Yes, when uninformed people just viscerally and reflectively spout to this day: "Bubble!!", "Tulips!!", "Ponzi/Pyramid!!", "Too late to buy!!", etc. that's the exact same thing people said when it hit ATH $1 in 2009, then $10, then $100, now over $7,000 and will continue to say at $10,000, $100,000...and so on. Bitcoin growth is not linear, it's exponential.
Everybody parroting: "The bitcoin bubble is about to pop" since 2009, don't know that bitcoin is a decentralized system with mathematically fixed, deflatioary and limited supply currency and its growth is [exponential]1 .
So is not farfetched to say that it will be at 100,000 by 2020, since it came from less than $1 to $7,000 in less than 10 years, and it hasn't even hit the bottom part of the exponential ['S-Curve' of adoption] ([link]19 ). Check out this great 2017 MIT study: ["The Cryptocurrency Market Is Growing Exponentially"]2 . Patience [pays]3 , don't listen to the ["Expert Analysts on MSM"]4 .
Bitcoin’s value derives from its current real uses (mainly for money transfers and remittances) its limited supply and scarcity (store of value) and its many potential uses. Also, behind the curtains there is a huge growth in the bitcoin ecosystem development that a regular folk can't see because it's ignored by the media. If you buy for day trading you may lose money, but if you hold long term, it has been proven you get nice ROI. And bitcoin has barely started, think of the Internet/email in the 90's. A decentralized technology that has a valuable use it's not going to disappear, even if a few tyrannical governments try to "ban" it.
The future economy will be totally digital and decentralized. Bitcoin is a worldwide-distributed decentralized peer-to-peer censorship-resistant trustless and permissionless deflationary system/currency (see Blockchain technology) backed by mathematics, open source code, cryptography and the most powerful and secure decentralized computational network on the planet, orders of magnitude more powerful than google and government combined. There is a limit of 21 million bitcoins (divisible in smaller units). "Backed by Government" money is not backed by anything and is infinitely printed at will by Central Banks. Bitcoin is limited and decentralized.
Receive and transfer money, from cents (micropayments) to thousands:
And that’s just as currency, Bitcoin has many more uses and applications.
Edit: Here are some sources for newbies:
Here is a good start:
["Introduction to Bitcoin" - Andreas Antonopoulos]5
Playlists on [Andreas own YT channel]6
Check out this great articles:
["What Gave Bitcoin Its Value?"]7
["How do Bitcoins have value?"] ([link]20 )
["Yes, Cryptocurrencies are Valuable"]8
Bitcoin [ELI5]9
Bitcoin [Resources]10
Bitcoin [ Infographic]11 .
How to [buy Bitcoin?]12
Where to [buy Bitcoin list]13
Bitcoin ['Awesome Handbook']14
Excellent ['Crypto 101']15 by stos313
Where [to use Bitcoin list]16 by Bitcoin-Yoda
Starter Guide ["Bitcoin Complete And Ultimate Guide"]17 .
Who accepts Bitcoin? [List of Companies, Stores, Shops]18 .
'''
Context Link
Go1dfish undelete link
unreddit undelete link
Author: readish
1: https://en.wikipedia.org/wiki/Exponential_growth 2: www.te*hnol*gyrevi*w.*o*/s*60794*/*he*crypto*urre**y-market-is-**owing*e*pon*n**a*l*/ 3: https://i.redd.it/d5dgq77xdolz.jpg 4: https://i.redd.it/tklsw2fouqlz.jpg 5: https://www.youtube.com/watch?v=qkxdys-Ek9U 6: https://www.youtube.com/useaantonop/playlists 7:
https://fee.org/articles/what-gave-bitcoin-its-value/ 8: **cke*noon.com/yes-*rypt**urren**e**ar*-valua**e-aab9c*58*a54 9: *ww.eli**itc*in.co*/ 10: lo**.net*bi*coin*html 11: bitcoin*lay*net/wp-con*en*/uplo*ds/2017**8/b*tco*n****t*0*-1.pn* 12: https://bitcoin.org/en/buy 13: https://www.reddit.com/Bitcoin/comments/6ymwtm/where_to_buy_bitcoin_list/ 14: *r*llo.co*/b/BWOEumyb/t*e-aw**om*-bi*coin*ha**bo*k 15: https://drive.google.com/file/d/0BzY8205tKpokVVZXVmdjQW5pNFphUEJjLTVnQVFES0llY1hF/view 16: https://www.reddit.com/Bitcoin/comments/75mia6/pleasant_surprise/do7gyiw/ 17: *ww.*ashprof.c*m/**t*oin-*omplete*u*timate-*ui*e* 18: https://99bitcoins.com/who-accepts-bitcoins-payment-companies-stores-take-bitcoins/ 19: https://imgur.com/a/3UA7s#uX6xPGM 20: https://www.quora.com/How-do-Bitcoins-have-value/answeDavid-Strayhorn
Unknown links are censored to prevent spreading illicit content.
submitted by removalbot to removalbot [link] [comments]

10-24 18:34 - 'Welcome! Here are some links, if it's too long just start with DCA and watch Andreas video: / [quote][quote][quote][quote][quote][quote][quote][quote][quote][quote][quote][quote][quote][quote][quote][quote][quote][quote][quote][q...' by /u/readish removed from /r/Bitcoin within 0-3min

'''
Welcome! Here are some links, if it's too long just start with DCA and watch Andreas video:
When you come asking when is a good time to buy, the answer is: Buy now, always [Hodl]1 in [FUD times]2 (Bitcoin has ["died"]3 many times, but [Moneybadger]4 don't care, [buy the dips]5 and never panic-sell, stuff like: ["China ban Bitcoin...again!"]6 will [keep happening]7 again and [again]8 .
Here's Bitcoin's [response]9 to Jamie Dimon. Stick to the [real Bitcoin]10 through all the ['forks' and 'splits']11 that accomplish nothing but new mediocre, unsafe and centralized altcoins, strengthen/immunize Bitcoin and give you free altcoins to buy more Bitcoin.
All [Central Powers look silly]12 trying to [control or ban]13 it. Learn from [history]14 and listen to this [absolute Boss]15 . There will never be enough Bitcoin for every existing millionaire to own just ONE SINGLE BITCOIN, [Total number of millionaires (in USD value) worldwide is around 33 million]16 . BTC is the [best money]17 .
Also relax, you are actually an [early adopter]18 if you start investing today, [mentally prepare]19 yourself for healthy and expected market volatility/dips/corrections/"crashes" (check out this amazing ['Corrections Trends Perspective']20 ) and remember all this regarding Bitcoin investment:
Never try to time the market. [Dollar cost average]21 by buying what you can afford to lose every week.
It is always a good time to buy Bitcoin if you are [hodling long term]22 and not just for [day trading]23 , so this is a great [strategy]24 . Remember that Bitcoin has practically been up most of the time, [and the road to the moon is paved with minor corrections]25 (Bitcoin is never really "down" when you zoom-out).
Everybody parroting: "The bitcoin bubble is about to pop" since 2009, don't know that bitcoin is a decentralized system with mathematically fixed, deflatioary and limited supply currency and its growth is [exponential]26 .
So is not farfetched to say that it will be at 100,000 by 2020, since it came from less than $1 to $5,000 in less than 10 years, and it hasn't even hit the bottom part of the exponential ['S-Curve' of adoption] ([link]60 ). Check out this great 2017 MIT study: ["The Cryptocurrency Market Is Growing Exponentially"]27 . Patience [pays]28 , don't listen to the ["Expert Analysts on MSM"]29 .
Bitcoin is a [Moneybadger]30 that get's stronger and immunized with [every new attack]31 and this [broad picture of its price since infancy]32 (1 year candles on a logarithmic scale) shows Bitcoin growth is not a "bubble" but it's [exponential]33 (bigger "bubbles" every time), this old [logarithmic scale]34 has been accurate so far.
Learn the difference between [Inflation (dollar) and Deflation (Bitcoin)]35 and just take a look at the fiat >20 trillion (and growing fast) [debt clock]36 to get a visual shock of unlimited fiat supply (vs limited Bitcoin/Gold supply).
Bitcoin has outperformed every other currency, commodity, stock and asset since its inception in 2009: ["2017: Bitcoin Beats Stocks, Bonds, And Gold, Again”]37 . Bitcoin, the [Moneybadger]38 , is the first unseizable store of value in human history, unlike gold, equities, or fiat, it can't be confiscated if stored correctly. How banks think [blockchain will disrupt their industry]39 . Check out these Bitcoin [Economy]40 and Bitcoin [Transaction]41 infographics.
Also, remember its [fixed, limited supply of 21 million coins ever,]42 there are just ~4.5 million (~20%) bitcoins left to be mined till 2140 and the production will keep decreasing ("halving") every [4 years till then]43 . So, remember [this]44 and [don't wait for the Bitcoin "bubble" to burst]45 or for the price to drop significantly again, because you could be waiting forever:
“The best time to buy bitcoin was a few years ago, the second best time is always now”.
Don't be -- [this guy]46
Here is a good start:
["Introduction to Bitcoin" - Andreas Antonopoulos]47
Playlists on [Andreas own YT channel]48
Check out this great articles:
["What Gave Bitcoin Its Value?"]49
["How do Bitcoins have value?"] ([link]61 )
["Yes, Cryptocurrencies are Valuable"]50
Bitcoin [ELI5]51
Bitcoin [Resources]52 .
Bitcoin [ Infographic]53 .
How to [buy Bitcoin?]54
Where to [buy Bitcoin list]55
Excellent ["Crypto 101"]56 by stos313
Where [to use Bitcoin list]57 by Bitcoin-Yoda
Starter Guide ["Bitcoin Complete And Ultimate Guide"]58 .
Who accepts Bitcoin? [List of Companies, Stores, Shops]59 .
Bitcoin is a worldwide-distributed decentralized peer-to-peer censorship-resistant trustless and permissionless deflationary system/currency (see Blockchain technology) backed by mathematics, open source code, cryptography and the most powerful and secure decentralized computational network on the planet, orders of magnitude more powerful than google and government combined. There is a limit of 21 million bitcoins (divisible in smaller units). "Backed by Government" money is not backed by anything and is infinitely printed at will by Central Banks. Bitcoin is limited and decentralized.
Receive and transfer money, from cents (micropayments) to thousands:
  • Cheap regardless of amount $$$ sent (more scaling apps coming)
  • Borderless (no country can stop it from going in/out or confiscate)
  • Trustless (nobody needs to trust anybody for it to work)
  • Privacy (no need to expose personal information)
  • Securely (encrypted cryptographically and can’t be confiscated)
  • Permissionless (no approval from central powers needed)
  • Instantly (from seconds to a few minutes)
  • Open source (auditable by anybody)
  • Worldwide distributed (from anywhere to anywhere on the planet)
  • Censorship resistant (no government can stop its use)
  • Peer-to-peer (no intermediaries with a cut)
  • Portable (easier to carry/move than cash, gold and silver)
  • Public ledger (transparent, seen by everybody)
  • Scalable (each bitcoin is divisible down to 8 decimals)
  • Decentralized (distributed with no single point of failure)
  • Deflationary (its supply goes down with time until reaching 21 million ever)
  • Immutable global registry (can’t be altered/hacked by nobody)
  • No chargebacks-No fraud ('push' vs' 'pull' transactions).
And that’s just as currency, Bitcoin has many more uses and applications.
Edit: Formatting.
'''
Context Link
Go1dfish undelete link
unreddit undelete link
Author: readish
1: https://i.redd.it/fvh3ibzxz8kz.jpg
2: https://99bitcoins.com/bitcoinobituaries/ 3: https://i.redd.it/hfahmbnhm8mz.gif 4: https://media.giphy.com/media/gRiIzaIEx2NOw/giphy.gif 5: https://i.redd.it/rzshmoa2iokz.png 6: https://www.youtube.com/watch?v=Ry6PpRXk0dQ 7: https://i.redd.it/hhemw5893ilz.png 8: assets.bw*x.i*/ima*es*use*s/*qjWHBF*fxIU*ia*WDRd*a2ew/v1***0x*1.*** 9: https://cdn-e2.streamable.com/video/mp4/krkvu.mp4?token=1505391795_b2860bb3f73fe8852b803dfd7260ae43a3f8a5fd 10: https://pbs.twimg.com/media/DMRkGFIWsAE7pZy.jpg:orig 11: https://gyazo.com/487f5bd0d4ae9bd0963e0a9f311b760f 12: https://i.redd.it/1ui0rr23hplz.jpg 13: https://99bitcoins.com/wp-content/uploads/2014/05/Banning-Bitcoin.jpg 14: https://pbs.twimg.com/media/DJ6YHrPXcAAGhA1.jpg:large 15: https://www.youtube.com/watch?v=kPYUNN7QkPY 16: https://www.cnbc.com/2016/11/22/12-million-new-millionaires-will-be-minted-over-the-next-five-years.html 17: https://gyazo.com/2215921efdb65878961c15a5b5107fc4 18: https://gyazo.com/17686a64065799190aeda3aa7e42f59e 19: https://imgur.com/KuflBtk 20: https://gyazo.com/55239b2aefbac8fb150fde557aaf4085 21: http://www.investopedia.com/terms/d/dollarcostaveraging.asp 22: https://i.redd.it/pc1exi5dd0ez.jpg 23: https://i.redd.it/vis4nvsd3flz.jpg 24: https://imgur.com/PJDf2tp 25: https://i.redd.it/kfgi0cdkt36z.png 26: https://en.wikipedia.org/wiki/Exponential_growth 27: **w.tech*o*ogyr*v*e*.com/s/60794**th*-c*yp*ocurrency-m**ket-i*-g*owi*g-e***nentia*ly/ 28: https://i.redd.it/d5dgq77xdolz.jpg 29: https://i.redd.it/tklsw2fouqlz.jpg 30: https://i.redd.it/1d6avnrdt0ez.jpg 31: https://i.redd.it/gumb0i0lyctz.jpg 32: https://i.redd.it/r8q26ebtaxiz.png 33: https://i.redd.it/wtmigx7ny6tz.png 34: https://gyazo.com/8f6ba83e67c9abf02f8570ba17195b3a 35: https://imgur.com/uA5r9U6 36: www.u*debt*lo**.o*g/ 37:
https://www.forbes.com/sites/panosmourdoukoutas/2017/07/01/bitcoin-beats-stocks-bonds-and-gold-again/#73a567dd5c4d 38: https://imgur.com/a/6XHUD#C3Pe5MD 39: https://imgur.com/drBgEe4 40: https://i.redd.it/jbqzuvawt1tz.jpg 41: i.p**yg*s.com/*e*10**a98a4267**b78*25d*6722da*.jpg 42: https://thebitcoinhustler.files.wordpress.com/2017/07/11.jpg 43: http://www.bitcoinblockhalf.com/ 44: https://i.redd.it/j327zs6kyg9z.png 45: https://i.redd.it/xsvh37tatvrz.jpg 46: https://imgflip.com/i/1hlmpp 47: https://www.youtube.com/watch?v=qkxdys-Ek9U 48: https://www.youtube.com/useaantonop/playlists 49:
https://fee.org/articles/what-gave-bitcoin-its-value/ 50: *ackernoon.*om/yes-cryp*ocur**ncies-*r*-*aluabl**aa*9**58ca** 51: **w.e*i5bitc*i*.com/ 52: lopp.net*bi*coi*.ht** 53: bi*coinpl**.*et/w*-*onte*t**ploads*2017/08*b*tcoin-*act**1-1*png 54: https://bitcoin.org/en/buy 55: https://www.reddit.com/Bitcoin/comments/6ymwtm/where_to_buy_bitcoin_list/ 56: https://drive.google.com/file/d/0BzY8205tKpokVVZXVmdjQW5pNFphUEJjLTVnQVFES0llY1hF/view 57: https://www.reddit.com/Bitcoin/comments/75mia6/pleasant_surprise/do7gyiw/ 58: **w.*ashprof*com/bi*c**n*complet**ultimate*g*ide/ 59: https://99bitcoins.com/who-accepts-bitcoins-payment-companies-stores-take-bitcoins/ 60: https://imgur.com/a/3UA7s#uX6xPGM 61: https://www.quora.com/How-do-Bitcoins-have-value/answeDavid-Strayhorn
Unknown links are censored to prevent spreading illicit content.
submitted by removalbot to removalbot [link] [comments]

I believe.

be-lief: noun
  1. an acceptance that a statement is true or that something exists.
  2. trust, faith, or confidence in someone or something.
I bought my first 0.25 BTC on February 28, 2014 at $555.40 per coin, I’ve bought coins as high as $657.75, and now I’ve bought coins under $250 (maybe I’ll even pick up some more).
Bitcoin, to date, has not had a good return for me, currently I’m down 33% when compared to dollars, and that is OK.
It was the technology itself that pulled me in, it is truly fascinating.
I have a tech background, but knew next to nothing of economics and cryptography when I jumped on this train.
I’ve learned a thing or two since then, I’ve launched a crypto focused website that includes a price index, p2pool mining super node, and some interesting blockchain data.
I have 2 exciting (for me, not necessarily Bitcoin as a whole) projects I’m working on that will be rolled out in the coming weeks.
I’ve spent a lot of time here, on bitcointalk, and on twitter.
I feel like I have become part of the positive side of this yin and yang machine.
Bottom line is I LOVE THIS STUFF. Bitcoin is exciting.
I believe Bitcoin is a Black Swan event in process, the second in my lifetime after the rise of the Internet and global instant communication.
http://en.wikipedia.org/wiki/Black_swan_theory
Here is a short list of reasons why I believe:
  1. Bitcoin is the first major innovation in a global system of exchange that is outside the control of the wealthy elite.
  2. For hundreds of years money has been controlled by those in positions of power, and that power is often obtained and maintained by the barrel of a gun, bitcoin can reduce violence, but it may get worse before it gets better.
  3. Bitcoin removes the need for superfluous third parties completely in many cases.
  4. Bitcoin provides access to a global monetary system for anyone with a cell phone (bank the unbanked).
  5. Bitcoin is a push technology, the existing pull technology behind credit cards and modern banking is inherently flawed.
  6. Bitcoin is decentralized, as long as we keep it that way.
  7. Bitcoin is trust-less.
  8. Bitcoin is border-less.
  9. Bitcoin has a limited supply, it can not be fractionally lent out, but is infinitely divisible.
  10. The pace of innovation within bitcoin is staggering.
If you are like me, an evangelist, you get it and probably want to add to this list, feel free.
If you are a detractor, that's fine, most of us evangelists started out that way. You can shout the sky is falling from the rooftops if you want, that is your right.
If you are new to bitcoin I’d encourage you to learn and make up your own mind as to which side of the coin you fall on. I’ve spent over 10 months studying and participating in bitcoin, I do not regret a minute of it, and I still have much to learn and explore.
Bitcoin is truth in money. It is or it is not, there is no in between. I believe bitcoin will succeed spectacularly, and if I’m wrong it will certainly fail.
In 2140 when the last coin is mined there will either be millions of transactions per day, or none at all.
“This [Bitcoin] is some powerful machinery.” Hal Finney December 11th, 2010
"The design supports a tremendous variety of possible transaction types that I designed years ago. Escrow transactions, bonded contracts, third party arbitration, multi-party signature, etc. If Bitcoin catches on in a big way, these are things we'll want to explore in the future, but they all had to be designed at the beginning to make sure they would be possible later.” Satoshi June 17, 2010
"Sorry to be a wet blanket. Writing a description for this thing for general audiences is bloody hard. There’s nothing to relate it to.” Satoshi July 5, 2010
submitted by CoinCadence to Bitcoin [link] [comments]

Can bitcoins be divided ad-absurdum with relatively arbitrary protocol changes?

I understand that at present, every bitcoin can be divided into one Satoshi, or 0.00000001 BTC. Presently, a bitcoin cannot be divided further, and still have that division recorded in the blockchain.
A number of people on this subreddit say bitcoin can be divided into as small of units as wanted with changes to the protocol. However, this seems to go against many unqualified statements on the wiki and on the foundation website, i.e., There are really 2,099,999,997,690,000 (just over 2 quadrillion) maximum possible atomic units in the bitcoin design., Bitcoins are divisible to 8 decimal places, yielding a total of approximately 21×1014 currency units.. The present output field in the transaction also calls for an integer number of satoshi, and while I could see this being changed later, it seems like it would raise some SERIOUS backwards compatibility issues.
So when people say "bitcoin can be infinitely divisible in the future" is that really at all likely?
submitted by ThebocaJ to Bitcoin [link] [comments]

[H] (SEA - South East Asia) Steam Games [On-Demand] | Overwatch Origins Edition [ROW] | OtakuMaker Bundles | Indiegala (IG) Bundles [W] Keys / Gems / Paypal

WARNING! This is a Capitalist Store

> Rules:

  1. NO Capsule key or Tour of Duty Ticket. I only take sack of gems so 1 key = 3000 gems & 0.5 key = 1500 gems
  2. Reply here first or comment in my Steam profile before adding me.
  3. 1st priority trade will always go to whoever send me a trade offer. My Steam Trade Offer Steam Trade Offer Link
  4. For Bundles, I will need your mail to send the gift.
  5. Reminder: Keys / Gems that you just purchased will be restricted for 7 days before you can trade it
 

> Paypal Rules:

  1. Only Blue or higher flair may use Paypal. As quoted from SGS Rules "Blue or higher flair may only offer and receive their: Money transferring services such as Bitcoin, Paypal, Skrill, Google Wallet"
  2. Your paypal account must be verified.
  3. Send the money as friends/family or as a gift.
  4. You need to comment below and I will PM you with the payment details.
 
NB: This is a restricted gift which can only be redeemed in these countries: Indonesia, Malaysia, Philippines, Singapore, Thailand, Viet Nam
Note: 0.25 key = 750 gems | 0.5 key = 1500 gems | 0.75 = 2250 gems

> SEA Region Locked Games

Game Name CS:GO Keys Price TF2 Keys Price Paypal Price (in USD)
Not on the list? Just Ask Me Just Ask Me Just Ask Me
MIDWEEK/WEEKEND DEALS
Grand Theft Auto V 8.5 CSGO Keys 9.5 TF2 Keys $17
Just Cause 3 3 CSGO Keys 3.5 TF2 Keys $6
Just Cause 3 XL 4.5 CSGO Keys 5 TF2 Keys $9
Mount & Blade: Warband 1.5 CSGO Keys 1.75 TF2 Keys $3
Mount & Blade Full Collection 4 CSGO Keys 4.5 TF2 Keys $8
Tom Clancy’s The Division™ 9.5 CSGO Keys 10.5 TF2 Keys $19
Tom Clancy’s The Division™ Gold Edition 16 CSGO Keys 17.75 TF2 Keys $32
Dead by Daylight 3 CSGO Keys 3.5 TF2 Keys $6
Dead by Daylight Deluxe Edition 4.5 CSGO Keys 5 TF2 Keys $9
Hearts of Iron IV: Cadet Edition 5.5 CSGO Keys 6 TF2 Keys $11
Hearts of Iron IV: Colonel Edition 7 CSGO Keys 7.75 TF2 Keys $14
Special Promotions
Nitroplus Blasterz: Heroines Infinite Duel 5.75 CSGO Keys 6.5 TF2 Keys $11.5
Pre-Purchase Space Hulk: Deathwing 7 CSGO Keys 7.75 TF2 Keys $14
Pre-Purchase Shiness: The Lightning Kingdom 6 CSGO Keys 6.75 TF2 Keys $12
Pre-Purchase The Walking Dead: A New Frontier 5 CSGO Keys 5.5 TF2 Keys $10
Pre-Purchase Tales of Berseria 17 CSGO Keys 18.75 TF2 Keys $34
NB: This is a restricted gift which can only be redeemed in these countries: Indonesia, Malaysia, Philippines, Singapore, Thailand, Viet Nam
 

> Overwatch Origins Edition (ROW) - CD-KEY

Current Price is 20 CS:GO Keys / 22 TF2 Keys / $40 Paypal

> OtakuMaker Bundles

Bundles Name Stock Available Gems Paypal
OtakuMaker Meridian4 Bundle #3 2 1000 gems $0.75
OtakuMaker PlayWay Bundle #1 2 1000 gems $0.75
 

> Indiegala Bundles List

Bundles Name Stock Available TF2/CSGO Keys Gems Paypal
Monthly Bundles
[Empty]() 1 1 key 3000 gems $2
Special Bundles
Indiegala Ex Machina 4 1 key for 2 bundles 1500 gems $1
Indiegala Reverse Fusion 6 1 key for 2 bundles 1500 gems $1
Indiegala Grab The Games 11 1 key for 2 bundles 1500 gems $1
Indiegala The Breakout 6 1 key I return 700 gems 2300 gems $1.5
Indiegala Daedalic Mega Bundle 8 1.5 keys 4500 gems $3
Indiegala The Indie Galactic 10 1 key I return 700 gems 2300 gems $1.5
Indiegala Virtual Reality 5 1 key I return 700 gems 2300 gems $1.5
Indiegala Indie Shindy 4 1 key for 2 bundles 1500 gems $1
Indiegala Steamy Summer 6 1 key 3000 gems $2
Indiegala Offspring 5 1 key I return 700 gems 2300 gems $1.5
Indiegala Indiepolis 8 1 key I return 700 gems 2300 gems $1.5
Indiegala Dharker Studio 8 1 key I return 700 gems 2300 gems $1.5
Indiegala Indie Evolution 1 1 key I return 700 gems 2300 gems $1.5
Indiegala Artifex Mundi #2 6 1 key I return 700 gems 2300 gems $1.5
Indiegala Delucius 8 1 key I return 700 gems 2300 gems $1.5
Indiegala Action & Romance Anime 10 1 key 3000 gems $2
Indiegala Anuman Interactive #2 15 1 key I return 700 gems 2300 gems $1.5
Indiegala Indie Mogul 7 1 key I return 700 gems 2300 gems $1.5
Indiegala Indie Tales 10 1 key for 2 bundles 1500 gems $1
Indiegala Indie Breakoff 7 1 key I return 700 gems 2300 gems $1.5
Indiegala Spooktacular 6 1 key I return 700 gems 2300 gems $1.5
Indiegala The Indie Crusade 4 1 key I return 700 gems 2300 gems $1.5
Indiegala Battles & Emprises 10 1 key I return 700 gems 2300 gems $1.5
Indiegala Indie Zone 1 1 key I return 700 gems 2300 gems $1.5
Indiegala Hazard Reboot 10 1 key I return 700 gems 2300 gems $1.5
Indiegala Artifex Mundi #3 10 1 key I return 700 gems 2300 gems $1.5
Indiegala Extinction 5 1 key I return 700 gems 2300 gems $1.5
Monday Bundles
Indiegala Monday Motivation #2 10 1 key for 2 bundles 1500 gems $1
Indiegala Monday Motivation #6 8 1 key I return 700 gems 2300 gems $1.5
Indiegala Monday Presidential 2 1 key I return 700 gems 2300 gems $1.5
Indiegala Monday Motivation #9 3 1 key I return 700 gems 2300 gems $1.5
Indiegala Monday Motivation #10 10 1 key I return 700 gems 2300 gems $1.5
Indiegala Monday Motivation #11 10 1 key I return 700 gems 2300 gems $1.5
Hump Day Bundles
Indiegala Hump Day #19 6 1 key I return 700 gems 2300 gems $1.5
Indiegala Hump Day #20 6 1 key I return 700 gems 2300 gems $1.5
Indiegala Hump Day #21 9 1 key I return 700 gems 2300 gems $1.5
Indiegala Hump Day #22 12 1 key I return 700 gems 2300 gems $1.5
Indiegala Hump Day #25 4 1 key I return 700 gems 2300 gems $1.5
Indiegala Hump Day #31 10 1 key I return 700 gems 2300 gems $1.5
Friday Special Bundles
Indiegala Friday Special #31 6 1 key I return 700 gems 2300 gems $1.5
Indiegala Friday Special #33 14 1 key I return 700 gems 2300 gems $1.5
Indiegala Friday Special #36 9 1 key I return 700 gems 2300 gems $1.5
Indiegala Friday Special #38 10 1 key I return 700 gems 2300 gems $1.5
Indiegala Friday POTUS 2 1 key I return 700 gems 2300 gems $1.5
Want to get notified if there is a new bundle in stock? Subscribe to this discussion
 

> Indiegala Bundles Deposit Box

Slots Name Total Deposit
1 Joseph 0.25 key
2 jefdob 0.25 key
3 kevinkusuma 0.75 key
4 jaweso 0.25 key
Deposit box is a table to store extra payment for Indiegala.
submitted by anecdot11 to SteamGameSwap [link] [comments]

[H] (SEA - South East Asia) Steam Games [On-Demand] | Overwatch Origins Edition [ROW] | OtakuMaker Bundles | Indiegala (IG) Bundles [W] Keys / Gems / Paypal

WARNING! This is a Capitalist Store

> Rules:

  1. NO Capsule key or Tour of Duty Ticket. I only take sack of gems so 1 key = 3000 gems & 0.5 key = 1500 gems
  2. Reply here first or comment in my Steam profile before adding me.
  3. 1st priority trade will always go to whoever send me a trade offer. My Steam Trade Offer Steam Trade Offer Link
  4. For Bundles, I will need your mail to send the gift.
  5. Reminder: Keys / Gems that you just purchased will be restricted for 7 days before you can trade it
 

> Paypal Rules:

  1. Only Blue or higher flair may use Paypal. As quoted from SGS Rules "Blue or higher flair may only offer and receive their: Money transferring services such as Bitcoin, Paypal, Skrill, Google Wallet"
  2. Your paypal account must be verified.
  3. Send the money as friends/family or as a gift.
  4. You need to comment below and I will PM you with the payment details.
 
NB: This is a restricted gift which can only be redeemed in these countries: Indonesia, Malaysia, Philippines, Singapore, Thailand, Viet Nam, Brunei Darussalam
Note: 0.25 key = 750 gems | 0.5 key = 1500 gems | 0.75 = 2250 gems

> SEA Region Locked Games

Game Name CS:GO Keys Price TF2 Keys Price Paypal Price (in USD)
Not on the list? Just Ask Me Just Ask Me Just Ask Me
MIDWEEK/WEEKEND DEALS
Tom Clancy’s The Division™ 9.5 CSGO Keys 10.5 TF2 Keys $19
Tom Clancy’s The Division™ Gold Edition 16 CSGO Keys 17.75 TF2 Keys $32
Dead by Daylight 3 CSGO Keys 3.5 TF2 Keys $6
Dead by Daylight Deluxe Edition 4.5 CSGO Keys 5 TF2 Keys $9
Hearts of Iron IV: Cadet Edition 5.5 CSGO Keys 6 TF2 Keys $11
Hearts of Iron IV: Colonel Edition 7 CSGO Keys 7.75 TF2 Keys $14
Special Promotions
Nitroplus Blasterz: Heroines Infinite Duel 5.75 CSGO Keys 6.5 TF2 Keys $11.5
Space Hulk: Deathwing 7 CSGO Keys 7.75 TF2 Keys $14
Pre-Purchase Shiness: The Lightning Kingdom 6 CSGO Keys 6.75 TF2 Keys $12
Pre-Purchase The Walking Dead: A New Frontier 5 CSGO Keys 5.5 TF2 Keys $10
Pre-Purchase Tales of Berseria 17 CSGO Keys 18.75 TF2 Keys $34
NB: This is a restricted gift which can only be redeemed in these countries: Indonesia, Malaysia, Philippines, Singapore, Thailand, Viet Nam, Brunei Darussalam
 

> Overwatch Origins Edition (ROW) - CD-KEY

Current Price is 20 CS:GO Keys / 22 TF2 Keys / $40 Paypal

> OtakuMaker Bundles

Bundles Name Stock Available Gems Paypal
OtakuMaker Meridian4 Bundle #3 2 1000 gems $0.75
OtakuMaker PlayWay Bundle #1 1 1000 gems $0.75
 

> Indiegala Bundles List

Bundles Name Stock Available TF2/CSGO Keys Gems Paypal
Monthly Bundles
[Empty]() 1 1 key 3000 gems $2
Special Bundles
Indiegala Ex Machina 4 1 key for 2 bundles 1500 gems $1
Indiegala Reverse Fusion 6 1 key for 2 bundles 1500 gems $1
Indiegala Grab The Games 11 1 key for 2 bundles 1500 gems $1
Indiegala The Breakout 6 1 key I return 700 gems 2300 gems $1.5
Indiegala Daedalic Mega Bundle 8 1.5 keys 4500 gems $3
Indiegala The Indie Galactic 10 1 key I return 700 gems 2300 gems $1.5
Indiegala Virtual Reality 5 1 key I return 700 gems 2300 gems $1.5
Indiegala Indie Shindy 4 1 key for 2 bundles 1500 gems $1
Indiegala Steamy Summer 6 1 key 3000 gems $2
Indiegala Offspring 5 1 key I return 700 gems 2300 gems $1.5
Indiegala Indiepolis 8 1 key I return 700 gems 2300 gems $1.5
Indiegala Dharker Studio 8 1 key I return 700 gems 2300 gems $1.5
Indiegala Indie Evolution 1 1 key I return 700 gems 2300 gems $1.5
Indiegala Artifex Mundi #2 6 1 key I return 700 gems 2300 gems $1.5
Indiegala Delucius 8 1 key I return 700 gems 2300 gems $1.5
Indiegala Action & Romance Anime 10 1 key 3000 gems $2
Indiegala Anuman Interactive #2 15 1 key I return 700 gems 2300 gems $1.5
Indiegala Indie Mogul 7 1 key I return 700 gems 2300 gems $1.5
Indiegala Indie Tales 10 1 key for 2 bundles 1500 gems $1
Indiegala Indie Breakoff 7 1 key I return 700 gems 2300 gems $1.5
Indiegala Spooktacular 6 1 key I return 700 gems 2300 gems $1.5
Indiegala The Indie Crusade 4 1 key I return 700 gems 2300 gems $1.5
Indiegala Battles & Emprises 10 1 key I return 700 gems 2300 gems $1.5
Indiegala Indie Zone 1 1 key I return 700 gems 2300 gems $1.5
Indiegala Hazard Reboot 10 1 key I return 700 gems 2300 gems $1.5
Indiegala Artifex Mundi #3 10 1 key I return 700 gems 2300 gems $1.5
Indiegala Extinction 1 1 key I return 700 gems 2300 gems $1.5
Monday Bundles
Indiegala Monday Motivation #2 10 1 key for 2 bundles 1500 gems $1
Indiegala Monday Motivation #6 8 1 key I return 700 gems 2300 gems $1.5
Indiegala Monday Presidential 2 1 key I return 700 gems 2300 gems $1.5
Indiegala Monday Motivation #9 3 1 key I return 700 gems 2300 gems $1.5
Indiegala Monday Motivation #10 10 1 key I return 700 gems 2300 gems $1.5
Indiegala Monday Motivation #11 10 1 key I return 700 gems 2300 gems $1.5
Hump Day Bundles
Indiegala Hump Day #19 6 1 key I return 700 gems 2300 gems $1.5
Indiegala Hump Day #20 6 1 key I return 700 gems 2300 gems $1.5
Indiegala Hump Day #21 9 1 key I return 700 gems 2300 gems $1.5
Indiegala Hump Day #22 12 1 key I return 700 gems 2300 gems $1.5
Indiegala Hump Day #25 4 1 key I return 700 gems 2300 gems $1.5
Indiegala Hump Day #31 10 1 key I return 700 gems 2300 gems $1.5
Friday Special Bundles
Indiegala Friday Special #31 6 1 key I return 700 gems 2300 gems $1.5
Indiegala Friday Special #33 14 1 key I return 700 gems 2300 gems $1.5
Indiegala Friday Special #36 9 1 key I return 700 gems 2300 gems $1.5
Indiegala Friday Special #38 10 1 key I return 700 gems 2300 gems $1.5
Indiegala Friday POTUS 2 1 key I return 700 gems 2300 gems $1.5
Want to get notified if there is a new bundle in stock? Subscribe to this discussion
 

> Indiegala Bundles Deposit Box

Slots Name Total Deposit
1 Joseph 0.25 key
2 jefdob 0.25 key
3 kevinkusuma 0.75 key
4 jaweso 0.25 key
Deposit box is a table to store extra payment for Indiegala.
submitted by anecdot11 to SteamGameSwap [link] [comments]

Adding Tonal Bitcoin (TBC) support to GreenBits

The Tonal number system is an alternative to the decimal and SI ("metric") system, which improves usability by allowing for infinite binary division (note that Bitcoin protocol support is still finite). Instead of counting: one, two, three, four, five, six, seven, eight, nine, ten, eleven, etc... In tonal, you would count: an, de, ti, go, su, by, ra, me, ni, ko, hu, vy, la, po, fy, ton, ton-an, etc... This means you get common binary divisions like one sixteenth (0.0625 in decimal) as a clean number: 0.1 in tonal.
http://www.reddit.com/Bitcoin/comments/2uv8iv/greenbits_the_all_new_snappy_android_bitcoin/codgjuk
Thus adding Tonal Bitcoin to GreenBits support is preferable
https://en.bitcoin.it/wiki/Tonal_Bitcoin
To pledge:
submitted by HostFat to Bitcoin [link] [comments]

Gresham's law as it applies to bitcoin vis-a-vis sovereign fiat money

I've been reading about Gresham's law an economic principle commonly stated as "Bad money drives out good".
I'm trying to understand how that would apply towards the relationship between bitcoin and national/sovereign currencies. When does this law cause bitcoin to be "driven out" and hoarded? And when does the opposite occur, if at all, does Gresham's law encompass a scenario which allows bitcoin to prevail in a geography?
I'm most interested in understanding how Gresham's law applies in four different scenarios (bitcoin vs X):
A) A functioning stable national currency (a well managed, not infated, not deflated currency)
B) A national currency that is in the throes of hyperinflation, or has become completely worthless. For example, Zimbabwe.
C) A national currency that is in the throes of extreme or chronic deflation. eg. Japanese Yen
D) A value collapse of a "basket" currency or regional currency due to politics. eg. Euro value collapse, USD value collapse.
If anyone has any good insights into the applicability of Gresham's law to crypto-currencies, any special consideration (ie, does instant transfer or infinite divisibility change things?) or other ideas, please share!
submitted by marvborg to Bitcoin [link] [comments]

[H] (SEA - South East Asia) Steam Games [On-Demand] | Overwatch Origins Edition [ROW] | OtakuMaker Bundles | Indiegala (IG) Bundles [W] Keys / Gems / Paypal

WARNING! This is a Capitalist Store

> Rules:

  1. NO Capsule key or Tour of Duty Ticket. I only take sack of gems so 1 key = 3000 gems & 0.5 key = 1500 gems
  2. Reply here first or comment in my Steam profile before adding me.
  3. 1st priority trade will always go to whoever send me a trade offer. My Steam Trade Offer Steam Trade Offer Link
  4. For Bundles, I will need your mail to send the gift.
  5. Reminder: Keys / Gems that you just purchased will be restricted for 7 days before you can trade it
 

> Paypal Rules:

  1. Only Blue or higher flair may use Paypal. As quoted from SGS Rules "Blue or higher flair may only offer and receive their: Money transferring services such as Bitcoin, Paypal, Skrill, Google Wallet"
  2. Your paypal account must be verified.
  3. Send the money as friends/family or as a gift.
  4. You need to comment below and I will PM you with the payment details.
 
NB: This is a restricted gift which can only be redeemed in these countries: Indonesia, Malaysia, Philippines, Singapore, Thailand, Viet Nam
Note: 0.25 key = 750 gems | 0.5 key = 1500 gems | 0.75 = 2250 gems

> SEA Region Locked Games

Game Name CS:GO Keys Price TF2 Keys Price Paypal Price (in USD)
Not on the list? Just Ask Me Just Ask Me Just Ask Me
MIDWEEK/WEEKEND DEALS
Grand Theft Auto V 8.5 CSGO Keys 9.5 TF2 Keys $17
Just Cause 3 3 CSGO Keys 3.5 TF2 Keys $6
Just Cause 3 XL 4.5 CSGO Keys 5 TF2 Keys $9
Mount & Blade: Warband 1.5 CSGO Keys 1.75 TF2 Keys $3
Mount & Blade Full Collection 4 CSGO Keys 4.5 TF2 Keys $8
Tom Clancy’s The Division™ 9.5 CSGO Keys 10.5 TF2 Keys $19
Tom Clancy’s The Division™ Gold Edition 16 CSGO Keys 17.75 TF2 Keys $32
Dead by Daylight 3 CSGO Keys 3.5 TF2 Keys $6
Dead by Daylight Deluxe Edition 4.5 CSGO Keys 5 TF2 Keys $9
Hearts of Iron IV: Cadet Edition 5.5 CSGO Keys 6 TF2 Keys $11
Hearts of Iron IV: Colonel Edition 7 CSGO Keys 7.75 TF2 Keys $14
Special Promotions
Nitroplus Blasterz: Heroines Infinite Duel 5.75 CSGO Keys 6.5 TF2 Keys $11.5
Pre-Purchase Space Hulk: Deathwing 7 CSGO Keys 7.75 TF2 Keys $14
Pre-Purchase Shiness: The Lightning Kingdom 6 CSGO Keys 6.75 TF2 Keys $12
Pre-Purchase The Walking Dead: A New Frontier 5 CSGO Keys 5.5 TF2 Keys $10
Pre-Purchase Tales of Berseria 17 CSGO Keys 18.75 TF2 Keys $34
NB: This is a restricted gift which can only be redeemed in these countries: Indonesia, Malaysia, Philippines, Singapore, Thailand, Viet Nam
 

> Overwatch Origins Edition (ROW) - CD-KEY

Current Price is 20 CS:GO Keys / 22 TF2 Keys / $40 Paypal

> OtakuMaker Bundles

Bundles Name Stock Available Gems Paypal
OtakuMaker Meridian4 Bundle #3 2 1000 gems $0.75
OtakuMaker PlayWay Bundle #1 2 1000 gems $0.75
 

> Indiegala Bundles List

Bundles Name Stock Available TF2/CSGO Keys Gems Paypal
Monthly Bundles
[Empty]() 1 1 key 3000 gems $2
Special Bundles
Indiegala Ex Machina 4 1 key for 2 bundles 1500 gems $1
Indiegala Reverse Fusion 6 1 key for 2 bundles 1500 gems $1
Indiegala Grab The Games 11 1 key for 2 bundles 1500 gems $1
Indiegala The Breakout 6 1 key I return 700 gems 2300 gems $1.5
Indiegala Daedalic Mega Bundle 8 1.5 keys 4500 gems $3
Indiegala The Indie Galactic 10 1 key I return 700 gems 2300 gems $1.5
Indiegala Virtual Reality 5 1 key I return 700 gems 2300 gems $1.5
Indiegala Indie Shindy 4 1 key for 2 bundles 1500 gems $1
Indiegala Steamy Summer 6 1 key 3000 gems $2
Indiegala Offspring 5 1 key I return 700 gems 2300 gems $1.5
Indiegala Indiepolis 8 1 key I return 700 gems 2300 gems $1.5
Indiegala Dharker Studio 8 1 key I return 700 gems 2300 gems $1.5
Indiegala Indie Evolution 1 1 key I return 700 gems 2300 gems $1.5
Indiegala Artifex Mundi #2 6 1 key I return 700 gems 2300 gems $1.5
Indiegala Delucius 8 1 key I return 700 gems 2300 gems $1.5
Indiegala Action & Romance Anime 10 1 key 3000 gems $2
Indiegala Anuman Interactive #2 15 1 key I return 700 gems 2300 gems $1.5
Indiegala Indie Mogul 7 1 key I return 700 gems 2300 gems $1.5
Indiegala Indie Tales 10 1 key for 2 bundles 1500 gems $1
Indiegala Indie Breakoff 7 1 key I return 700 gems 2300 gems $1.5
Indiegala Spooktacular 6 1 key I return 700 gems 2300 gems $1.5
Indiegala The Indie Crusade 4 1 key I return 700 gems 2300 gems $1.5
Indiegala Battles & Emprises 10 1 key I return 700 gems 2300 gems $1.5
Indiegala Indie Zone 1 1 key I return 700 gems 2300 gems $1.5
Indiegala Hazard Reboot 10 1 key I return 700 gems 2300 gems $1.5
Indiegala Artifex Mundi #3 10 1 key I return 700 gems 2300 gems $1.5
Indiegala Extinction 5 1 key I return 700 gems 2300 gems $1.5
Monday Bundles
Indiegala Monday Motivation #2 10 1 key for 2 bundles 1500 gems $1
Indiegala Monday Motivation #6 8 1 key I return 700 gems 2300 gems $1.5
Indiegala Monday Presidential 2 1 key I return 700 gems 2300 gems $1.5
Indiegala Monday Motivation #9 3 1 key I return 700 gems 2300 gems $1.5
Indiegala Monday Motivation #10 10 1 key I return 700 gems 2300 gems $1.5
Indiegala Monday Motivation #11 10 1 key I return 700 gems 2300 gems $1.5
Hump Day Bundles
Indiegala Hump Day #19 6 1 key I return 700 gems 2300 gems $1.5
Indiegala Hump Day #20 6 1 key I return 700 gems 2300 gems $1.5
Indiegala Hump Day #21 9 1 key I return 700 gems 2300 gems $1.5
Indiegala Hump Day #22 12 1 key I return 700 gems 2300 gems $1.5
Indiegala Hump Day #25 4 1 key I return 700 gems 2300 gems $1.5
Indiegala Hump Day #31 10 1 key I return 700 gems 2300 gems $1.5
Friday Special Bundles
Indiegala Friday Special #31 6 1 key I return 700 gems 2300 gems $1.5
Indiegala Friday Special #33 14 1 key I return 700 gems 2300 gems $1.5
Indiegala Friday Special #36 9 1 key I return 700 gems 2300 gems $1.5
Indiegala Friday Special #38 10 1 key I return 700 gems 2300 gems $1.5
Indiegala Friday POTUS 2 1 key I return 700 gems 2300 gems $1.5
Want to get notified if there is a new bundle in stock? Subscribe to this discussion
 

> Indiegala Bundles Deposit Box

Slots Name Total Deposit
1 Joseph 0.25 key
2 jefdob 0.25 key
3 kevinkusuma 0.75 key
4 jaweso 0.25 key
Deposit box is a table to store extra payment for Indiegala.
submitted by anecdot11 to SteamGameSwap [link] [comments]

Adding Tonal Bitcoin (TBC) support to GreenBits

The Tonal number system is an alternative to the decimal and SI ("metric") system, which improves usability by allowing for infinite binary division (note that Bitcoin protocol support is still finite). Instead of counting: one, two, three, four, five, six, seven, eight, nine, ten, eleven, etc... In tonal, you would count: an, de, ti, go, su, by, ra, me, ni, ko, hu, vy, la, po, fy, ton, ton-an, etc... This means you get common binary divisions like one sixteenth (0.0625 in decimal) as a clean number: 0.1 in tonal.
http://www.reddit.com/Bitcoin/comments/2uv8iv/greenbits_the_all_new_snappy_android_bitcoin/codgjuk
Thus adding Tonal Bitcoin to GreenBits support is preferable
https://en.bitcoin.it/wiki/Tonal_Bitcoin
To pledge:
submitted by HostFat to LighthouseProjects [link] [comments]

Are you an economist worried about the small amount of bitcoins? Now you can mint your own bitcoin units!

Just divide them as much as you want. Bitcoin units are mathematically divisible, so there’re infinite units (actual infinity) to address infinite value (potential infinity).
More technical info about this awesome bitcoin feature: http://en.wikipedia.org/wiki/Division_(mathematics)
submitted by jaumenuez to Bitcoin [link] [comments]

Infinite divisibility How To Find Private Key of Imported Blockchain Address 80 Trillion Dollar Bitcoin Exit Plan - YouTube BitCoin Debunked in 2 Minutes A Scam That Will Collapse Bitcoin Q&A: Divisibility and deflationary monetary policy

I've read that bitcoins are infinitely divisible: Bitcoins can be divided up and trade into as small of pieces as one wants. How is this possible programmatically? The only thing that comes to mind are floating points which are inaccurate. Are bitcoins truly infinitely divisible or merely practically? If a satoshi were infinitely divisible, then Bitcoin’s eventual total money stock would be 2×α, or 2.1 quintillion satoshis. However, the Bitcoin protocol doesn’t currently support fractional satoshis. Therefore, the block subsidy will be rounded down along the way and eventually discontinued after 32 halvings. The bitcoin wiki article on tonal had a number of inaccuracies, which I have edited to correct. e.g. it's not infinitely divisible, as bitcoins txs have limited decimal places, and it's not easier to use than decimal for most people I know. Bitcoin's Current Rating (A..F) Notes Decentralized no single point of failure or issuing authority : A. Scarce required to be a reasonable store of value A. Divisible should be as close to infinitely divisible as possible : B. Yes! Bitcoin is infinitely divisible. Unlike a US dollar, which can only be divided into one cent ($.01), you can make send or spend as little Bitcoin as you like. It's possible to use just .0000000000001 Bitcoins at a time if you wish.

[index] [27286] [21269] [33329] [5450] [19923] [27264] [4468] [26985] [18430] [24102]

Infinite divisibility

Infinite divisibility arises in different ways in philosophy, physics, economics, order theory (a branch of mathematics), and probability theory (also a branch of mathematics).One may speak of ... Bitcoin is a decentralized digital currency that enables instant payments to anyone, anywhere in the world. ... They are portable, durable, divisible, recognizable, fungible, scarce and difficult ... Bitcoine has been Blocked by The Chinese Government. BitCoin Is Not a limited resource. It is infinitely divisible and therefore infinitely expandable. Bitcoin - 80 Trillion Dollar Exit. I talk about how Bitcoin will eventually become an exit ramp from the crashing 80 trillion dollar financial system, the ec... With its infinite supply, it misses the key characteristics of sound money, scarcity and cost of production. Bitcoin has all the characteristics of sound money; however, in one key area, it far ...

#