From certain people, trust level 4 or higher on the forum 
Iâll take two 
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Lol I just had a thought, once SAFE is live and all the inevitable anonymous SafeCoin scams start to happen,
Think of all the phone calls MaidSafe will get in Troon⌠Even though itâs not their fault at all, most people wonât know that.
Imagine beingâin practiceâthe one that the masses bother on such a large scale⌠Kind of being the fall guy for all scams on the whole internet??
Of course they arenât responsible for any of them, but lol the masses might not understand that at firstâŚ
Random thought.
Need a good answering machine 
How about having a decentralised call center where people can answer calls (randomly forwarded to them, XOR group routing?) in exchange for safecoins. Then for an user to avoid receiving intentionally bad responses/advise from a scam call center, the user can choose to have his/her forwarded to the next (randomly again) call centre with the same question as many times as he/she likes. All this happening with a VoSAFE app (Voice over SAFEnet)âŚjust another random thought! 
HmmmmâŚnow that I think of the VoSAFE, it just makes me think of the times when radio broadcasts were being shut down, like the story told in âThe Boat That Rockedâ film (which I love!).
Though, Poloniex doesnât have ways to go to fiat. Also they require identification after a very small amount of money daily (compared to how much people are going to profit from bagholding, in the near-distant future). Bitcoin had many of places to trade to fiat during its trek to $1,000. Including in China, which is how the entire boom was even possible. Anyway, I trust everything Maidsafe does, and itâs good to know that they will be building an exchange as quickly as possible. I just donât want people to forget, that itâs not going to be like, âSafecoin appears!! Instantly it goes to $1,000!!!â, because that wonât happen until many factors, fiat-exchanges being a major one. (Let alone the whole proof needed for SAFE Net itselfâalbeit most of which will be done before Safecoin even exists.)
@Tim87 Iâm sorry I donât really follow. I donât know why I donât. Maybe my brain is feeble, and used to how BTC was/has always been set up. I thought BTC has had ways to do real-life payments, too, actually. If anything, I think it might be âharderâ to do that with Safecoin; but Iâm likely missing something. I think itâs a big field that many more people need to be able to grasp, especially if I canât even grasp it (and Iâve been following things for 2 years).
All that is required for someone to do real life payments is to have a wallet for themselves and their shop software to work with it. There are some around also Iâve heard there are some âgatewaysâ that will do the conversion for you.
But Bitcoin takes 10 minutes at least to verify and sometimes a lot longer. Too long to pay for that cup of coffee or at the checkout in the shop. Although its OK for online stores to wait.
Then SafeCoin will be near instantaneous allowing you to use say your phone and transfer in real time the payment to pay for the coffee or goods in the store. QR codes could make it easy for a payment APP and all you need to do is check the amount and verify payment. Something bitcoin cannot do.
SafeCoin will have real utility as a âquick asâ cash replacement. Imagine it being incorporated in the paywave machines.
When this is possible then the price of SAFEcoin will rise quickly
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Not sure what you mean but there are many bitcoin wallets that allow for QR point and pay. Mycelium is one of them, a very popular bitcoin app.
That was in relation to safecoin APPs, so yea similar to bitcoin Mycelium. But of course real time transfers/payments in the case of SAFEcoin
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yeah he was saying that btc takes 10-45+ min to confirm a transaction,
so only something like safecoin could confirm fast enough for real-time payments like that, for day to day purchases
side note: also helps stores save money from chargebacks! 100%! oh yeah and also all cc processing fees of course (taxes? )
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A BTC transaction needs to be included in a block first, and then itâs nice if we have some confidence that this block will become part of the chain, so it makes sense to wait 2-5 more blocks (additional âconfirmationâ) before we accept the transaction as final. At any given moment, we can expect to wait 8-10 minutes for a new block to show up, and then again that much for the following ones. That means BTC payments are very far from immediate, so no: you wonât go buy starbucks with your bitcoins, ever.
Another problem is the âbandwidthâ â blocks have a finite size, they canât contain enough transactions, and they canât grow indefinitely (mainly because new blocks need to propagate through the network, and then get verified, before another block can be started.) The methods that try to patch this problem give only linear increase, but that will never get us near to the traffic credit cards handle.
These problems simply donât apply to Safecoin: you can have near-immediate payment, and the number of simultaneous transactions is unlimited for practical purposes.
EDIT: I forgot the part about fees. Fees, right now, are still miniscule. Bitcoinâs adoption and the fees will have an interesting relationship: the more it gets adopted, the higher the fees will become (only the highest fee transactions will make it to a block), but then the higher the average transaction amount will become (only big transactions can afford to pay high fees), which in turn will push back on adoption (though the amounts transferred may be higher than before.) What wonât change is the average number of people (or other entities) using the system: it may shift from Average Joe to Big Corporation (âmicropaymentsâ will be maybe $100,000), or it will stay a toy in the hands of a few thousand users.
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Erm, people are using bitcoin at Starbucks right now: https://coffee.foldapp.com/
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Indeed. For small transactions, the risks of accepting zero confirmation Bitcoin transactions is small.
If loads of people started double spending, it would become more of an issue, but for now itâs still safe, and practical, whereas waiting for confirmations is not practical for paying in person.
I canât help but think that if Bitcoin became very popular, people would exploit double spending to a degree where zero-confirmation transactions would lose trust. This shouldnât be an issue with Safecoin however popular it becomes.
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This is hugely important. Bitcoin allowed settlement within minutes/hours, which was a big improvement on the legacy banking system, but it is still not fast enough to displace credit being used in the interim.
With safecoin, credit becomes redundant as a mechanism to bridge settlement time. If immutable, international payments can be made in moments, why bother with credit? Of course, there is still a use case for needing credit as a loan, but much of what banks do is swap promises, inlue of instant settlement.
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⌠then it would fall apart. Thereâs not enough real estate on the blockchain for a (globally) substantial number of transactions. Only the highest-fee transactions, the tip of the iceberg, would make it into the next block.
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Isnât credit a means to bridge the time gap that is between investment and profit though? Not even Safecoin can âfixâ that. For example, you have to pay wages to the workers building the house way before you get to sell that house, redeem the cost, and (hopefully) secure some profit.
AAAAAAND THIS IS WHY YOU DONâT START WRITING A RESPONSE BEFORE YOU FINISH READING THE PARAGRAPH 
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When you put the transactions off-chain, you dont need a higher blocksize for the foreseable future.
Time to return this topic specifically to the topic at hand. Thanks
The price is exhibiting a clear zigzag pattern recently:
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Which means? For the uneducated