10/17/14 Update - Online and Making Payouts!DazPos: I see your purchase I Just need your BTC Address. PM Sent. jansako: Bitcoins Sent! Mizuoppai: Bitcoins sent! Pleasure doing business with you again wesblog: Bitcoins sent!
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10/16/14 - Online and Making Payouts Herlz: Bitcoins sent! Great doing business with you again Mizuoppai: Bitcoins sent! Rookie41: Bitcoins sent! Great doing business with you again Akreb: Bitcoins sent! Great doing business with you again Those were all of the payouts for today. Happy mining!
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Forum always gets quite with sideways or downward movement.
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Allow some regulation, especially of businesses that store/hold bitcoin is good for the community as a whole. We don't want another Gox or inputs.io tragedy. As far as consumers go regulation will be light, and if it isn't well there is a reason why bitcoin is psuedoanonymous It's my belief that centralized regulations nurture apathy and a lack of personal accountability. To suggest that the free market wouldn't fill a void for "quality-proofing" an industry is misguided to me. Lots of people learned a valuable lesson from MtGox. Likely 90%+ of those people (including myself) won't make the same mistake again. That's progress, and it's positive. The more people learn through experience and adapt, the better. Coddling is negative. P.S. Panopto is a POS. So how many more coins need to be stolen before it's no longer a problem? What if coinbase were to disappear? Bitstamp? OKCoin? Houbi? Bitfinix? Are you cool with those companies having no oversight and all those people having their coins and fiat disappear overnight? I'm personally not. I believe in consumer protection. Let the consumers be free to spend/transfer bitcoins whenever and whereever they want. But if companies are doing business on the consumers behalf, they should at least be held accountable to some standards. Could you imagine if we followed your "Free market" corrections? Would you want to go to a doctor that doesn't have a license that is overseen by a board that makes sure he/she is qualified to treat you? Or would you be okay with dying knowing that eventually the free market will get rid of that doctor....and either another unfit doctor will take his place (and will be replaced once negilance occurs by the free market) or maybe you will get a good doctor to take their place? Or maybe it doesn't matter since you'd be dead anyways right?
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What is the name of this asian chick in black with glasses? She sounds like someone I would want to be a bitcoin lobbyist. She knows what she's talking about and is very good at communicating it to others.
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Unfortunately I currently don't have a stable internet connection to watch the stream. Any other good news? What do you mean by better regulations?
The stream itself is unstable. It's a joke. It cuts out every 10-15 minutes. Ok thanks! I thought it was just my shitty hotspot >.<
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Better regulations (we'll see) should be implemented in Q1 2015, Also Q1 2015 getting "well funded" Bitcoin institutional exchanges in New York
Open-source peer2peer cryptocurrency eagerly anticipates centralized regulation. Love the irony there. We should get MS or Apple to take over the core development too, because humans can't really do anything without some central authority. Well in America a lot of what we do is regulated, simple as that. I would rather have some positive central regulation, rather than negative central regulation (IE making it a criminal act or labeling us as "terrorists" etc etc). Allow some regulation, especially of businesses that store/hold bitcoin is good for the community as a whole. We don't want another Gox or inputs.io tragedy. As far as consumers go regulation will be light, and if it isn't well there is a reason why bitcoin is psuedoanonymous
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Bullish as f*k after the Lawsky stream right now..
Why is that? Better regulations (we'll see) should be implemented in Q1 2015, Also Q1 2015 getting "well funded" Bitcoin institutional exchanges in New York Lawsky is anticipating maybe a couple more comment periods and changes before Q1 2015. Software/Platform Developers Not regulated Miners not regulated The terms "money laundering" were used minimally. Described Bitcoin in a good light. Unfortunately I currently don't have a stable internet connection to watch the stream. Any other good news? What do you mean by better regulations?
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Bullish as f*k after the Lawsky stream right now..
Why is that?
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These threads always get a good laugh out of me. As if everyone out there was spending their bitcoins at these merchants. In reality, the volume of bitcoins used for such transactions is so negligible it should not even be mentioned in the same sentence as "selling pressure". In fact you are right, you should not be concerned with Bitcoin's use as a currency at this stage. All we need people to do is hoard it. btw, merchants are scammers http://nakamotoinstitute.org/mempool/everyones-a-scammer/ I actually really enjoyed that read. Thanks! I LoL'd at that newegg article encouraging everyone to spend all their coins because bitcoin is likely to fail >.<
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10/13/14 Update - Online and Making Payouts!Akreb: OK great I see your purchase, just let me know what address you'd like the coins sent to CroDam: Pleasure to do business with you again sir! Hope you are enjoying your bitcoin miner discounts
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DO NOT CLICK on ThebeardedMans link, that is not mine and your purchase will not count and I can not give you any payouts if you use it.
I may have to contact a Moderaoe so I can self moderate my thread.
To get a discount from me you must use the link in my original post or in my signature.
It was the same link that you had in your post. I truly apologize if it wasn't. The link you posted definitely was not the link in my post. The one your provided was a ref link for their store that you can share with friends to earn their loyality points. I doubt it was a mistake, but it's okay.
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You mean sitting on a beach with $9 million USD in his back pocket? I think he's doing just fine.
Could his gains have been higher? Yes. Sometimes its better to take a huge win than to let greed kick in and bet on a brighter future.
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Right now there is 3600 bitcoins created a day, which sounds freaking HUGE. But then when you take into consideration that the US debt increases by about 2.5 BILLION dollars a day...suddenly the bitcoin world seems to be a lesser evil. Yes there is difference in percentage of total market cap that is being created per day, but at least we all know that the percentage of new bitcoins / market cap WILL decrease over time. As for the USD the amount of new debt per day will likely increase in relation to the total USD "market cap".
Also keep in mind that every year the purchasing power of bitcoin is going up, while the purchasing power of the USD decreases by 2-9% depending on who's inflation statistic you want to use.
Was $1000/coin last year a huge bubble? You bet. I'm personally pretty comfortable knowing that my $100 bitcoin last year is now worth $300 in purchasing power and I expect it to be even higher next year as the USD continues to devaluate as most countries are purposely attempting to weaken their own currency to encourage exports.
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DO NOT CLICK on ThebeardedMans link, that is not mine and your purchase will not count and I can not give you any payouts if you use it.
I may have to contact a Moderaoe so I can self moderate my thread.
To get a discount from me you must use the link in my original post or in my signature.
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@Melbustus: You're talking about an improvement on gold, not fiat. Controlling the money supply is a useful property of fiat, a tool not available with Bitcoin. TL;DR: Deflation is not "a good thing." See http://en.wikipedia.org/wiki/DeflationAt this point, Bitcoin's inflation rate is way higher than USD--that's what mined coin is. Bitcoin supply will continue to inflate throughout our lifetime. As was pointed out by Satoshi, the price of Bitcoin tends to the cost of mining it (and vice versa). In other words, the price of producing one bitcoin tends to the cost of producing it. This means that if Bitcoin ever becomes substantially more valuable, the value dumped into mining it will proportionally increase. Do you think that ~10% of the world's wealth is going into maintaining today's fiat "ledger" every year? this myth again Huffed Mop & Glo instead of getting brainwashed in school, huh? Ain't no foolin' a bright feller like you! please please, entertain me with your deflation is bad theory and how it applies to Bitcoin It is not my theory, it is a theory agreed upon by the majority of grownups. As much as the egalitarian in me wishes to provide you with the education you so clearly lack, the Good Book warns me about casting my pearls before swine. I'll compromise with a quote from wikip: "Economists generally believe that deflation is a problem in a modern economy because it increases the real value of debt, and may aggravate recessions and lead to a deflationary spiral." http://en.wikipedia.org/wiki/DeflationNow go and play. Well your sources are top notch. I also hate it when I deficit spend my Bitcoins, I can completely imagine how all my bitcoin debt could collapse the economy under the weight of deflation...
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i have been paid in bitcoins for 2 and a half years. i do not care about dollar prices or UK prices. i live happily on bitcoin for food, rent and bills..
although only a few special people have actually done some work to establish merchant adoption to secure our living costs which can be managed in bitcoin (getting our local grocer and landlord to accept bitcoin), the OP and others just sitting on their hands moaning about bitcoin adoption, need to shut up and do some work helping get THEIR local stores to accept it. or realise that bitcoin is still in innovation stage and if they cant be bothered to help themselves then continue to shut up and wait for someone else in their town to 'man up' and get their stores to accept bitcoin.
personal note to anyone living in an area where little to no one knows about bitcoin or lives nearby YOU really need to do it for your area, or YOUR whinging and crying wont do anything, 'man up' boys and help yourselves out
How did you get your local grocery store to accept bitcoins? Did you hook them up with bitpay or coinbase? How did you approach the subject in the first place with them? If you have gotten multiple stores in your area to accept bitcoin, you could really help the community by posting a small guide on your approach. I know I would donate a few btc to you for doing so and it could help others with getting local merchant adoption.
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TheBeardedMann thanks for the follow up PM. B
bitcoins are now sent!
Enjoy!
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Update 10/11/14 - Online and Making Payouts Early Today!Herlz: Bitcoins sent! I only saw one of your purchases, but I sent bitcoins for both of the ones you talked about. Next time please be sure to use my link for EACH purchase TheBeardedMann: I see your purchase. Just let me know what BTC address you'd like your coins sent to. PM Sent. arnbrd: I'm sorry. I do not see your purchase. Please refer to the OP for how to make a purchase without any issues. Akreb: I sent you a PM. I see a purchase very similar to yours, but not exact. More info will help me narrow it down That is everyone for today
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