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1201  Economy / Speculation / Re: My mother's a psychic, here's what she says about BTC on: September 27, 2014, 06:17:31 PM
My Aunt is psychic also and she said this is the best investment i could make...
So one of them is not a real psychic i guess...
1202  Economy / Speculation / Re: Not to spread FUD or anything, but here's some food for thought on: September 23, 2014, 11:40:21 AM
Quote
Not to spread FUD or anything, but here's some food for thought i'm gonna do it anyway!

There, fixed that for you.
1203  Bitcoin / Bitcoin Discussion / Re: world governments on: September 22, 2014, 01:57:15 PM
They may attempt to roll out their own digital currency (as if USD/EUR isn't a digital currency...) to jump on the bitcoin wagon and gain popularity once again in the public eye, however, they are not in the business of working for the people, they are in the business of making money and controlling everything and everyone, so any system they introduce will be completely in control of a few.
1204  Other / Off-topic / Re: Secure messaging on: September 21, 2014, 07:51:03 PM
I wonder why the Ricochet developer has chosen to use tor again, i have strong doubts about its security, add to that it doesn't seem to do anything different than the already existing torchat.
The I2P protocol would have been a much more interesting and secure choice imho.

I'm impressed by the Tox effort, going to keep a close eye on that one, open source, multi-platform, very good initiative!

Bitmessage is great, but slow as #@$! and not available for mobile devices.

Bleep is out of the question, closed source proprietary spy junk.

1205  Other / Off-topic / Re: Let's talk about how hot Asian girls are. [NSFW] on: September 21, 2014, 06:55:26 PM
I'll contribute to this very interesting topic Smiley









1206  Bitcoin / Bitcoin Discussion / Re: Finger print best thing to prevent hacking? on: September 21, 2014, 02:30:14 PM
- What you know.
- What you have.
- What you are.

Combining them is great. Using just one of them as your ultimate method of authentication is quite weak security.
1207  Bitcoin / Bitcoin Discussion / Re: Bitcoin to be pegged to gold on: September 21, 2014, 02:26:47 PM
Oww wouldn't it be nice if people would think about their silly ideas for more than a second before they decide to post?
The internet would be such a quiet peaceful place.
1208  Economy / Speculation / Re: I feel bad bandwagon bulls (ie the non tech savy bull) on: September 21, 2014, 02:18:58 PM
Aaand, added OP to my ignore list. I suggest you all do the same.
Very strongly considering it, but he is just above my retardation cutoff. At least he uses whole sentences and real words.

Technically his sentences may be correct but its content is still retarded enough to enter the ignore list.
1209  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin be 'hacked' by September 2015? on: September 17, 2014, 08:42:18 PM
It's quite sad that we start to see this kind of fear mongering FUD from people with credentials now, all too sad they missed cheaper coins it seems...

In my view it's very unlikely the signature scheme will be compromised in any relevant way the coming years.
Also, these weaknesses come in gradual steps, its not like all of a sudden it's all broken, things may become a few magnitudes easier to compromise, but at the magnitudes we are talking about here that's not very threatening.

We have plenty of time to switch algo's long before there is a serious threat.

Bigger problem is mist if other internet security, most will be vulnerable, including bank and government systems.
1210  Economy / Speculation / Re: Explanation to how bitcoin is a ponzi scheme on: August 20, 2014, 11:53:09 AM
How can you have 145 posts here and still don't understand what a ponzi scheme is or bitcoin or simple market dynamics?
The troll is strong in you my friend....

Judge not by the look of the book but by the content of what it is written.



I did, i checked his profile and posts. He's a new member that probably thinks he missed the boat and it seems he's trying to get into every altcoin he can just to make sure he's one of the early adopters. But that's not the content what was written here, that was the past.

Let's look at what he wrote in this topic. He assumes the only reason people buy bitcoin is to sell it at a higher price than they bought it for. If not the only reason, then the biggest relevant factor.
Of course speculation is part of the adoption curve and will have extremes in both high and low ends, as to be expected.
However, the total neglect of how bitcoin works, it's properties, show me he either has no idea what he's talking about, or he's trolling.
Being so active with altcoins, i assume he has at least a very basic understanding of the properties and potential of the protocol.

No matter the bitcoin value, it's utility is still there. Only speculators care about the price, people that care about 'free' money (as in freedom of speech...) don't. It will remain useful for many many people around the world.
1211  Economy / Speculation / Re: Explanation to how bitcoin is a ponzi scheme on: August 20, 2014, 11:06:19 AM
How can you have 145 posts here and still don't understand what a ponzi scheme is or bitcoin or simple market dynamics?
The troll is strong in you my friend....
1212  Economy / Speculation / psychic predictions came true on: August 15, 2014, 10:10:00 AM
Two weeks ago on holiday i visited a psychic. She told me some good news but financially i would suffer catastrophic losses if i wouldn't appreciate what i have.

I bought a lot of BTC at 570 thinking it would be the bottom, thinking i could make a good profit here, but what happened next we all know. I finally decided to sell at 505 take my losses and appreciate what i have before it all comes true exactly as she warned.

I think this is a clear sign that we are not going back up any time soon.
1213  Economy / Speculation / Re: Bitcoin is failing, People are getting out, $550 in 24 hours on: August 13, 2014, 12:50:34 PM
falllling, how does it feel to scare people into selling and buying up a shitload of btc this cheap? You must feel like a king now...
1214  Economy / Speculation / Re: Why did BTC drop to $570 level? on: August 12, 2014, 11:41:31 AM
Most worrisome to me is that this drop is caused by very low volume. Less than 9k btc.
For an individual that's a lot but at the beginning of this year we had 30-50k btc trading volumes.
1215  Economy / Speculation / Re: Why did BTC drop to $570 level? on: August 12, 2014, 09:33:54 AM
1. People get scared.
2. They panic sell.
3. More people get scared.
4. Back to 2.

I suspect most is coming from early adopters that were thinking to become multi millionaires fast but their dream is falling apart now and they panic sell to get what they can before it's too late.
1216  Economy / Speculation / Re: Maybe falllling is right? on: August 06, 2014, 12:11:01 PM
What makes you think we will go back up? People are losing interest more and more.
Less transactions every day. No new money coming in. Old coins being dumped gradually. New generation coins taking over.
There is no future really if you look at it realistically.
We have been crashing since beginning of this year, wake up, there is no bounce back.
1217  Bitcoin / Bitcoin Discussion / Re: Russia to ban bitcoin, again... on: August 05, 2014, 10:42:18 AM
Russia trying to manipulate the market like China, not doing very well haha.

I think you may be slightly off here, panic seems to kick in again, pricr is falling pretty fast again.
1218  Bitcoin / Bitcoin Discussion / Re: Dealing with higher BTC volume/value on: July 28, 2014, 06:31:39 AM
Not sure what you're worried about... Both volume and price are dropping like a rock
1219  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin fading away? on: July 26, 2014, 05:44:25 PM
Yes bitcoin is gaining traction.. That's why the price keeps crashing like a burning airplane without wings or engine...
1220  Bitcoin / Bitcoin Discussion / Re: Some nights I think about this, and I just wanna cry. (How i missed the bus) on: July 17, 2014, 06:38:26 AM
Whats the problem? You have 6.5 full BTC. That's gonna be a looot of money in a few years...
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