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121  Economy / Investor-based games / Re: 2015 Year of the Ponzi on: January 03, 2015, 10:03:09 AM
I'm so lost lol, is this a general discussion thread or are you referring to a specific ponzi scheme as of recent?
122  Bitcoin / Bitcoin Discussion / Re: Bitcoin was just an investment? on: January 01, 2015, 03:57:25 PM
To many, many....yes

But for many others (including myself) it's a currency with potential. The sooner we rid ourselves of the "investors" the better.
123  Economy / Games and rounds / Re: PrimeDice affliate on: January 01, 2015, 03:55:49 PM
Why wouldn't people just refer themselves and claim 100%?
124  Economy / Gambling / Re: The truth about Dooglus and his pawn Arrogant. on: December 29, 2014, 11:48:39 AM
If you're going to post accusations of blackmail & sabotage you might consider posting some proof as well.

Just my 2 cents.
125  Other / Beginners & Help / Re: Bitcoin Bank on: December 29, 2014, 10:42:43 AM
I suppose any wallet provider is the equivalent of any bank we will ever have but I'm not sure why you want that...one of the main points of BTC is to abolish the banking gravy train.
126  Bitcoin / Bitcoin Discussion / Re: Governor of the central bank of India is speaking positively on Bitcoin on: December 29, 2014, 10:37:57 AM
I 100% agree with everything he says, the amount of fluctuation revolving around BTC is ridiculous, I would rather the price drop to $100 and be stable rather than $1000 and unstable.
127  Bitcoin / Bitcoin Discussion / Re: Why I doubt we'll ever go mainstream on: December 28, 2014, 11:40:53 AM
I agree but some of your logic is flawed, e.g. do you think companies like Dell, HP, Samsung were big BEFORE they released their technology? saying computers owe there success because big companies got behind them is quite the oxymoron.
128  Economy / Gambling / Re: Bitnplay | A new age for poker on: December 28, 2014, 11:36:56 AM
Loved the video, when can we expect ring games?
129  Economy / Gambling / Re: Best Bitcoin Poker Site? on: December 26, 2014, 01:35:30 PM
If you're looking for high rollers you won't find many in the Bitcoin area but as everyone else said, SWC is the way..
130  Economy / Exchanges / Re: Gamblers, be careful with Coinbase! on: December 26, 2014, 01:34:18 PM
Shouldn't be using an exchange as a wallet anyway, just enforces good practice.

Sucks to hear though...
131  Bitcoin / Bitcoin Discussion / Re: Theoretically, is a Bitcoin Credit Card possible? on: December 25, 2014, 08:29:58 AM
There's a few popular exchanges that provide this already...haven't used an exchange in a while so I'm not sure which ones nor can I recommend any however this wouldn't be hard to find out.
132  Bitcoin / Bitcoin Discussion / Re: Merry Christmas... but the last block was ~40 minutes ago. on: December 25, 2014, 08:28:45 AM
From my very first post on this forum (in 2011) I have been a huge supporter of Bitcoin.

About the only time that people get really mad at me, is when I point out that sometimes transactions take wayyyyyyyyyyyyyyyy toooooooooooooo longgggggggggggggggggggg.
...sometimes transactions take way too long.

1) It does not matter what type of transaction I am "complaining" about.
2) Your anger has no affect on me, or the reality of the situation.
3a) In some cases, 40+++ minutes for a transaction is way too long, and we might as well all switch to an alt coin with much faster blocks.
3b) While I was typing we finally had a new block...

Quick Summary:
40+ minute transactions do not always work well in the real world.


I'm so tired of seeing this complaint on block times.

Here's an experiment I want you to perform and then explain to me how it is possible:

Transfer some bitcoin to your blockchain.info wallet and watch/listen for how long it takes to get there. Do it, I'm serious. That's right-- It takes about 5 seconds until you hear the *Beep*. Now think for a second, how do they do that? If they aren't waiting for the entire 10 minute block confirmation time (or 40 minute time in your argument), then how do they know money was sent? And that is the answer to why your question is irrelevant.

Any merchant can use this method to see a transaction propagating through a majority of the nodes! This whole "10 minute" thing is given WAY too much importance because it doesn't matter for 99% of transactions. It's just something that people can focus on to complain about because they don't understand it in any more depth. You can see the transaction on the network nearly instantly.

So the problem must be with the wallet you are using if you can't see an instantaneous transaction. So, rather than complaining about 10 minutes confirmation time which frankly doesn't matter, then the solution is to get your wallet to support the same technology that blockchain.info is using to SHOW the transaction occurring in near-realtime. Not to complain about 10 minute block times.

It doesn't matter for 99% of transactions. And for the 1% where it might matter (bigger purchases), 10-30 minutes is an acceptable waiting period!

And guess what: Your credit card and debit transactions at stores are given credibility "immediately" but still take 3-5 days to actually move through the payment processors between bank accounts. 3-5 days is WAY slower than 10-30 minutes for a block confirmation if you want to compare apples to apples. The payment processor is simply fronting the money (just like blockchain.info shows the transaction instantly) while the transaction goes through. And these credit card payment processors are basing this method on the exact same theory that blockchain.info uses to instantly confirm transactions. It's the concept that small transactions likely aren't fraudulent. Who wastes there time hacking a system to steal a $5 cup of coffee?
I agree with a lot of what you say however worded it in a way that made me think "that's not right"

Merry Christmas OP.
133  Economy / Gambling / Re: What is your favoutite Bitcoin Minesweeper site?! on: December 23, 2014, 12:58:34 PM
I didn't even know this was a thing, lmao.
134  Bitcoin / Bitcoin Discussion / Re: And 2014's Worst Currency Was...Bitcoin (Bloomberg) 12/23/14 on: December 23, 2014, 12:57:17 PM
Worst investment*

And that's because it's not supposed to be an investment.
135  Bitcoin / Bitcoin Discussion / Re: What is your Bitcoin pitch? on: December 22, 2014, 11:38:53 AM
I don't pitch it to anyone, in fact I don't talk about Bitcoin in my day to day life at all, just like other people don't talk to me about their fiat currency...
136  Alternate cryptocurrencies / Altcoin Discussion / Re: Blockchain User Issued Assets Will Change Everything [Video] on: December 22, 2014, 11:37:41 AM
Interesting thoughts from both of them however like he said, we use this stuff everyday and it's not crucial or a big benefit in any of the current scenarios (flyer miles, credit points etc).
137  Bitcoin / Bitcoin Discussion / Re: Thinking about long time investment on: December 21, 2014, 06:36:13 AM
Tbh ever since "Dan Balzarian" or w/e that instagram guys name is started getting famous I've been running into a tone of newbs during my poker rounds

Maybe it's just where I live
138  Other / Politics & Society / Re: US treasury, please allow "Santa Claus" dollars again? on: December 21, 2014, 06:32:40 AM
Thanks for that, I needed a laugh.
139  Economy / Speculation / Re: Can Bitcoin Rebound? on: December 20, 2014, 06:30:01 AM
Local governments are a lot more aware about Bitcoins than you think, you make it sound so simple...

If a billion dollar company is dumb enough to start hiding all their money into volatile assets I would question how they got there in the first place.
140  Bitcoin / Bitcoin Discussion / Re: Bitcoin Low Market Cap compared to the Big Banks ... on: December 20, 2014, 06:26:17 AM
Nobody can give you an accurate answer on that, you can guess all you want but the truth is there just isn't enough evidence yet.
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