Bitcoin Forum

From the videos I have seen from the Texas conference so far I get the feeling that there is a bad vibe throughout the whole conference.
Earlier conferences that has been held in Europe and other places, you get the feeling that everyone is in wonderland and everything is up for grabs.
Also with all the lawyers and legislators coming in, talking about how we (the community) have to expect this and that from government ect.
Sometimes I get the feeling I'm being talked down to as if I was some kind of clever but naughty kid.
Its just a bad vibe to the whole thing.
What do you think?

Yeah, I think Texas has a lot to lose if the dollar tanks. The global elitist banksters are catching on that their days are numbered and they think they can stop it by regulating Bitcoin. Or at least stall it long enough to get the totalitarian dictatorship police state locked in. I think Texas is a main hub of that action. Unless they secede.

As a native New Yorker, I think Texas has always had a bad vibe. I've hated that place since it spewed forth that halfwit George W. Bush.

Austin is cool, though. We should save those people, they are not gunslinging caveman troglodytes like the rest of the South.

US government is not afraid of bitcoin at all. They could crash this tiny market to sub-decimal levels on a whim.

I don't know about Texas, but there's definitely a bad vibe on this forum.

https://firstlook.org/theintercept/2014/02/24/jtrig-manipulation/

we are at stage where it can easily collapse (and government may want it too) ... or government may want it to "kind of" survive so they can milk it for taxes

That's just Texas.

Maybe a lot of them lost money to MtGox and they just were in a bad mood.

Free Talk Live was broadcasting live from the TX BTC Conference last week and they were reporting on how successful it was. You can check the podcasts from last week and see for yourself.

Ah coastal liberals, you can always count on them for making the most racist statements anywhere, while simultaneously talking about how open minded they are and how evil it is stereotype groups of people.

Think again.  Texas has a stronger Libertarian streak than most other states.  Where are all the elitist banksters operating from?  Well from this guys state:


Texas doesn't have Ben Lawsky actively researching the best ways to regulate Bitcoin.

texans would have a bad vibe.

they live near BFL. and were unable to visit the company to get units they ordered
they live near trendon shavers and were unable to slap him across th face with a wet fish to get their funds back.

most of the texans are all mouth but no action thus their negativities grow in their mind because they dont act out on what they have opinions about.

apart from the daily onslaught of newbie scammers in the community. i love bitcoins, and i know it has a big future

New York is so much bitcoin friendly with its bitlicence scam. Wall Streets has nothing to hide or lose with bitcoin taking over.
http://www.dfs.ny.gov/about/press2013/virtual-currency-131114.pdf

That is why the CORE name of Occupy Wall Streets was called Occupy My CowBoy, Texas being the main hub of finance and all... ;D

THIS.

LUTZ Of course you would think liberals have your best intentions in mind ( either party really for that matter ). I also love how you coastal people think your so brilliant and the best of the best. You shit stinks just the same as everyone elses.

I was at the conference and I thought it was great.

Personally, I was experiencing a bit of physical discomfort - it was colder than I was expecting (March in Austin should be WARM!) and my allergies were knocking me on my ass (this I should have anticipated and prepared for).

Despite my sub-optimal state, I made some interesting contacts, caught up with some friendly and familiar faces, and left ready to throw myself into a dozen more new and exciting projects.

I was one of the speakers.

I didn't get a bad vibe...it felt exciting and optimistic like any other Bitcoin conference.

I had a lot of fun and made some new friends.

"Texan" isn't a race.

I appreciate that.

I won't pass judgement as I wasn't there myself, but I realize that my oppinion might be tainted by the fact that I think the right thing
for bitcoin is to continue growing from below.
Thousands of small businesses is a stronger scheme for bitcoin than a few multi-national investor groups owning the lot,
even if that means a lower marketshare and coin price.
Then again, I have only seen a few videos so far.

Yeah, like Afghanistan.

Clearly nothing to do with the state of Texas, but I felt there was a tension that reflects the limbo state Bitcoin is in as everyone watches to see what the fuck the story is with Gox. More plot twists and cliff hangers than a Mexican soap opera, without ever getting close to a conclusion.

Gox has only posed questions for Bitcoin, about regulation, trust, security, liability, criminality, the BF, insider trading, Bitcoin's public reputation, adoption, government confiscations, law suits, coin traceability, anonymity, laundering... the list goes on and on, and on. But so far there hasn't been a single answer.

(apart from Andreas vaguely confirming that Coinbase is probably solvent, ish, but he's not liable if they aren't.)

Anytime a liberal thin-skin gets called out on their bullshit = 'oppression', 'bigotry', get this: 'racism'.

Anytime they do whatever the fuck they want and fuck everyone else's better opinions: 'freedom', 'progress', 'educated'.


When they get fucked by the same shtick they are trying to pull on other people: 'WAAAAAAHHHHH LAWYER/COURT/COP IMMA BITCH SAVE ME'


Kids these days/

I mean, why would ANYONE need a gun right? It's not like these people exist in the world:

http://www.mrconservative.com/files/2013/05/terrorist.jpg

or these people:

http://www.columbine-online.com/columbine-online-img/killers-friends/eric-dylan-commons-longhsot.jpg

Guns are only slightly more scary than a slingshot or knife. And maybe not even as scary as a drunk teenager behind the wheel of a car. The point is, there are crazy people out there that want to kill you and you have a God-given right to defend yourself.

And for people that are ignorant enough to think we can ban all guns... it is not difficult to make a gun or black powder or a cannon for that matter. It was done by hand in the 1800s and it is being done in caves in the middle east today.

where the gun pics at ??

Bad Vibe? Where?




Bitcoin finds friendly territory at SXSW

Don't expect bitcoin's recent failures to be the end of crypto-currencies.

Tech executives and industry professionals at South by Southwest Interactive are steadfast in the belief that virtual currency is here to stay.

"There are two questions that are important to ask. One is, what is the future of crypto-currency? And it's very obvious to all of us that crypto-currency is inevitable," said Jared Cohen, director of Google Ideas at a panel at SXSWi on Friday.

"There's a danger in having it not be regulated in some form, but people will take it and debate that as this plays out," he said.

The other question? Whether other crypto-currencies will be modeled after bitcoin, or full an as-yet-unknown model.

"Is it going to be like the Napster of crypto-currencies? I think that we don't know. This is still a pretty new space," he said.

Bitcoin feels more volatile right now because people are still trying to wrap their heads around the fact that it's bits and not paper, said Nico Sell, the CEO of the messaging app Wickr. But that mentality won't last forever, she added.

"The spikes are amazing right now, but bitcoin is one many virtual currencies. These currencies are 100 percent the future, but we are in the beginning of figuring this all out, but crypto currency is stronger than paper, but we are early on in the process," Sell said. "I'm sure paper didn't work so well in the beginning either."

(Read more: Bitcoin pits the gold bugs vs the 'techno geeks')

It's too soon to whether Bitcoin will be the virtual currency that goes mainstream, she said. Other players are certain to challenge it.

"Bitcoin is definitely number one in the space, but it's such a volatile market that it's really about survival and who can survive this," Sell said.

"I think it's a wide open area that we are going to see tons of innovation over the next ten years. And it's hard to say right now who will shake out on top," she said.

http://www.csmonitor.com/Business/Latest-News-Wires/2014/0310/Bitcoin-finds-friendly-territory-at-SXSW

Know thyself. -- Socrates (http://freedominthe50states.org/overall/new-york)

It is you who needs the saving.

Bush is from Connecticut.

Well, he spent his youth torturing small animals with his friends in Texas.  (So I've heard...I didn't see it first hand.)

It takes one to know one

What kind of new and exciting projects, any details to share?

Wow.  Such bigot.  Much hate.

Liberals just suck ass . George W. Bush was a smart cookie and they are just embarrassed by it.

https://soundcloud.com/mindtomatter/ltb-e91-coinlock-comics-and#t=0:45:00

Hm.   This doesn't reflect anything I understand about Bitcoin right now.   Can you clarify how they'd do this?  My understanding is that the computing power required to overtake and "crash" Bitcoin would cost hundreds of millions of dollars.  Therefore, no.  They can't "crash Bitcoin".   If you're referring to some other method, please describe what it is.  

Every other "alternative" currency that has come into existence in the USA has been shut down, fairly quickly.   They don't putz around for 5 years doing nothing.  They simply walked in, and put the guy in hand cuffs.  The only reason this one hasn't been shut down, is because they *cant* shut it down.  

Do you really think they'd waste time and money for hearings on how to regulate it, if they could just flip the switch on a whim?   Silly ...

The reason they're not afraid of it is because most of them don't grasp what it is just yet, and those who do, are arrogant enough that they are still dismissing its chance of success.

Period.

We are all waiting for the day that they realize the ramifications of Bitcoin, outside of this silly Money Laundering hyperfocus they've got going.   That is when the real sh*t is going to hit the fan.

-B-

I think he ment the price could be crashed (i.e Dumping all the Silk Road coins)
The price would quickly recover...

Wait, so being a gunslinging caveman troglodyte is a bad thing? Should I get in a traffic jam or get mugged in Central Park to improve my lifestyle?

Agreed, but he said "Govt isn't afraid of Bitcoin at all, they can crash it (to sub-decimal levels) anytime they want"

That sounded a lot more "final".

That's why I asked what other logic he may be using, because at best, thats a temporary "attack", and they'd still have reason to fear it after.

-B-

I opened this thread expecting to see all the usual stereotypes of Texans and southern people. I must say this thread didn't disappoint.  ;D

You might as well move this thread to the trash. It has become a dick measuring contest in between libertarians, conservatives, and liberals, and I don't see anything of substance coming of this.

So much wrong with this post. don't even get me started.

If you like Bitcoin and vote liberal, you are one dumb motherfucker.

I just got an email from a friend across the pond who asked me the same question about the conference, almost word for word. Have we met outside this forum, Bit_Happy?

Let's see, one project I'll be announcing in a couple of days - nothing innovative or groundbreaking, just filling a niche in bitcoin space that anyone could have. Honestly, I'm surprised no one has yet.

There's another that I very much want to be a part of but I don't know how much I can bring to the table. The focus will be moving bitcoins into the hands of Latin Americans but, even though my mother is originally from Mexico, I have very few contacts there and even those are distant cousins that I only run into at family reunions. Also, my Spanish is atrocious.

Then there's the idea for a real world service that runs almost autonomously on a decentralized network using Bitcoin or an alt-coin. This was originally proposed by someone else and I just fleshed out the framework a bit so I don't want to discuss it without his knowledge. I feel it might be revolutionary but it's also very disruptive and, since it will take place in meatspace, the threat of being targeted by authorities may prevent enough individuals from supporting the network so that it isn't sustainable although it's entirely legal.

In addition, my partners and I at Operation Fabulous (http://www.operationfabulous.com/) are reinvigorated and newly committed to introducing new users to our Bitcoin based advertising platform. While this may not be a new project, per se, it'll be new to some.

The remaining projects are still in that nebulous "planning" phase that exists solely within my mind.

Dude! Theres no room for advertising in Bicoin so EFF right off with that ok!

Smart cookie. George Bush? Never heard those two words in the same sentence before.

I do think the name calling on both sides is idiotic, and in general on this forum gives bitcoin users a bad rap.

those four words. Anyone care to share anything new and interesting that came out of the conference?

If you make blanket statements and think people can't have contradictory tendencies or parse issues beyond liberal/conservative you're not paying much attention to the world around you.

Personally I think the need for an alternative currency that doesn't rely on banks and governments goes well beyond the usual liberal/conservative dichotomy. Time to think outside the box.

The dude was so smart he convinced liberals to vote for the Iraqi war!!  

It's true.  Somehow GW got pretty much everything he wanted.  Obama gets pretty much nothing he wants.  Or more accurately, that he pretends to want.  It's fooled a large number of Democrats which is disheartening.

I'd say that GW's cognitive issues were likely a result of a lifetime of hard-core substance abuse.  Even so he still probably would score higher on standardized IQ tests than the average American albeit by not a wide margin.  Anyway, Cheney was effectively the president for the 8 years of GW's term, and several people learned the hard way that Cheney was not a guy to be fucked with.  Paul Wellstone in particular.

Great, thanks for the updates:
Have we met outside this forum, Bit_Happy?
Probably not: Were you at the Libertarian convention in Atl in 2004?

That is the truth.

Bitcoin changed the way I looked at the world.  I used to believe that you either had to side with those who served big corporate interests or those who pushed for bigger, more intrusive gov't.  I believed this even though I knew big corp and big gov were essentially both sides of the same coin.

But now I know there is another way.  Thanks to cryptography and math we can wrestle as much control as possible from the central planners whether they are conservative or liberal.

Calling W Bush stupid or castigating one for being a liberal now seems intellectually lazy, old fashioned and childish.

This is the dumbest thing I've read all day. Dumber even than that idiot that thinks Moore's law will allow us to brute-force Satoshi's private keys someday. Bitcoin has fuck-all to do with liberals or conservatives or even liberfuckingtarians. Your statement amply demonstrates that mindless fuckwits like yourself desperately need a  "them" to blame for everything you don't like.

I'll tell you what: the world could do with quite a bit less mindless partisan politics.

AMAZING VIBE IN TEXAS (+ Yellow Lambo outside)  ;D

Ah... the good old days.   :D

Well there are miners in Texas
https://bitcointalk.org/index.php?topic=507568.msg5599087#msg5599087

http://www.youtube.com/watch?v=HmH0E95xXcQ&feature=share

Well your statement would then imply that the US regulations imposed on Bitcoin do not matter. Is that your stance?

Which US regulations would those be?

The ones they are working on now. It could be the biggest market factor all year. IT could go either way at this point, does the US want to take the lead on the bitcoin revolution or do they want to protect the dollar.

Which ones are "they" working on? Please be specific. A bill number would be helpful.

There is no bill yet because they havent decided on an approach yet. Most experts believe the will go the "Capital Gains route" but that has yet to be determined.

So what you're saying is that there aren't any actual US regulations yet, and there aren't even any in the official pipeline. You're anticipating regulations at some point in the future, and blaming "liberals" for creating them, despite the fact that none actually exist. If and when those regulations do exist, you're expecting the regulations to take the form of a capital gains tax -- much like any other security that individuals might trade for profit -- rather than some prohibition on the actual trade of BTC.

Is that the gist of what you're trying to say?

There ARE regulations in the pipeline lol. Uncle Sam notices when new millionaires come along and makes sure they pay the fair share.  Trust me when I tell you that regulations are coming. 

The difference is freedom of trade. DEMOCRATS are much more likely to throw a high tax on gains so we can pay for more entitlements and big government programs like free healthcare for all.

Good thing the Republicans never increase spending on boondoggles like endless war or drug crimes!

I never said republicans are a great choice, just a better choice.

I guess getting your pinky amputated over your ring finger might be a better choice too.

From your earlier post:


If they haven't decided on an approach yet, I hold it as self-evident that there's nothing in the pipeline. You're referring to politicians who might have spoken about the subject at some point, which isn't the same as legislation, or a bill, or even a committee investigation. So no, there are no regulations at the moment, and there aren't any in the pipeline. And your blame of such on the "liberals" is asinine, at best.


Yes, that's correct. How exactly is that related to Bitcoin?

Since the US doesn't actually have "free healthcare for all", your statement is basically just rhetoric and can be safely dismissed as such.

You are not very bright are you? Lets me simplify this so you can understand.  Say you bought 10000 dollars of bitcoin in January '13 then cashed out in November '13. Tada you just became a millionaire durp.

Thanks for the video, I enjoyed it. :)

You seem to be inferring that profit from buying and selling Bitcoin is somehow special -- different than, say, gold or some other collectible asset. Is that what you're trying to say?

Yep it is different because profit on gold or silver is subject to "capital gains tax" bitcoin is not. Jesus dude go study some economics.

I daresay that my knowledge of economics is not deficient here. You, on the other hand, seem not to understand that profits from buying and selling BTC is -- by default -- taxed as ordinary income in the US. If and when the IRS decides to tax Bitcoin profits as capital gains, that may or may not actually be an improvement, depending on your current tax bracket.

So what is your complaint again? Please be specific, because you have utterly FAILED to state anything coherent or meaningful here, except to spew partisan rhetoric about "them", whoever "they" are.

I sort of felt like it was a bit more regulation focused in light of the gox news
That said I did enjoy the panel as well only 40 mins in since I am watching it in parts but it has been interesting so far
http://www.youtube.com/watch?v=HmH0E95xXcQ&feature=share

Really? Wow, I never paid any capital gains tax on my precious metals investments..or my bitcoins. It's been over a decade and I haven't gotten so much as a letter.

 Why would I willingly hand over money to a gang of thugs that uses it to blow up innocent people all over the world and to oppress its own citizens? Are you a dumbass? Or a giant pussy?

I like Texas. I like Bitcoin. I hate politics.