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Bitcoins aren't like Assault Rifles or Cocaine. If made illegal, bitcoins are next to useless.
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Ditto for the claim that Governments cannot stop bitcoin.
It must be a semantics issue which you're hung up on with regard to this issue. Governments cannot stop Bitcoin. They can ban it or otherwise criminalize it but that won't stop it from being used. I guess the only way we'd know is to give it a whirl. Can't they force ISPs to block the protocol? |
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My opinion isn't popular here, but fiat currencies are backed by national governments. Isn't that worth more than lumps of conductive metals?
Fait currencies are backed by guns. Our currency is backed by math. Which is more reliable? Guns are pretty convincing when you are the one staring down the barrel. And Bitcoin isn't backed by math, it's backed by faith. Numbers have no inherent value. There is no mathematical reason for Bitcoin to be valuable besides the trust we place in it. Every Shitcoin in the alt board is backed by math as well. It doesn't make them valuable. |
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My opinion isn't popular here, but fiat currencies are backed by national governments.
How so? They always take them to zero. I'm not sure I'd call that "backing". They are legal tender, so businesses are required by law to accept it. That has as much value as any shiny stone or metal. You can't eat gold or diamonds. |
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I don't see how people are posting that sepa withdrawals are being processed, yet many are still screaming insolvency  Shhhh... My wire doesn't arrive until Monday. MtGox can be solvent after Monday.  |
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Indeed. How about if one replaces "US dollar" with "dollar"  I bought a pack of those, and I hand them out to people, to remind them of the value of a hard-earned dollar. Every fiat currency in history has ended at zero. That's the alternative future which Jorge prefers: All of your savings, all of your labor, all of your power in this world, is to be converted into material wealth in the hands of your superiors, your masters, your owners. My great-grandparents used hard currency. They were free. My grandparents lived under the FRB. They were perhaps 90% free. My parents never saw gold circulate. They were perhaps 75% free. I saw the end of silver circulation. I have been perhaps 50% free. My daughter has never seen hard currency. The excruciating trend is that she will be perhaps 25% free, that my grandchildren will only see plastic and digits, and will be nigh 100% enslaved. Bitcoin and the collapse inherent in exponential debt systems gives me hope that there is another possible future. One in which, for a time, in a place, the boot will not come down on our faces, or the faces of our children. People have given their lives for lesser hopes. My opinion isn't popular here, but fiat currencies are backed by national governments. Isn't that worth more than lumps of conductive metals? |
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Ditto for the "network effect" and "first-player advantage" that were supposed to prevent the appearance of alternative coins.
Supposed by whom? Clearly these factors do not inhibit the creation of infinitely many worthless coins. Nor do those worthless coins inhibit the aggregation of value to the Bitcoin economy. supposed suggested by many in 2011/12 Or the myths about crypto-payments being untraceable and impossible for governments to restrict, tax, or regulate.
These are media myths, and have never been promulgated as such by any knowledgable members of bitcoin community, during the history of my involvement. They have little enough bearing on the value of Bitcoin. You've only actually been registered here since September, so that's quite a short time. Irregardless, I think you under-estimate the value of perception (as opposed to the 'truth'). Anonymity is profoundly beneficial to those who need it, and of no import to those who do not. I believe everyone has an implicit right to anonymity -- your statement infers an explicit or ulterior motive for wanting anonymity. And, of course, a newbie who does not own any bitcoins will probably have a more dispassionate view of probabilities and possibilities than an old-timer who invested several years of work in the project, and owns a few thousand coins.
However, we know that you are not dispassionate in the least, as your extensive postings have proven. You have an anti-Bitcoin agenda. Pretending otherwise is disingenuous. I think Jorge made it clear his distinction between applications for the tech v investing in Bitcoin/Bitcoin as a speculative vehicle. I see no pretence. * I am not a libertarian.
So you say. I think you are a libertarian, for your self, and a fascist, for others. I doubt you even understand what "libertarian" means when you attempt to draw a contrast by saying I hardly think Jorge is a fascist -- is everyone who disagrees with you a fascist. I'm inclined to call Godwin on this.  But perhaps you should make clear your view of libertarianism. I could seek a definition online but I know my 'perceptions' from the media, here in Australia, so the contrast should be interesting between what you think I should know v. my perception of the 'local' information. I do not trust governments, even those that I voted for; but I believe that they are essential, and should be democratized, opened, and held on a short leash, rather than abolished. because libertarianism does not seek to abolish governments, make them autocratic or closed, or liberate them from restraint. This is an example of my point above: because every libertarian I see on tv/in the papers here says "first off, get rid of the govt". But, fortunately, I have no fear that bitcoin will do that.
I have hope that when banks and governments collapse in chaos, bitcoin will provide an independent anti-fragile means of promoting trade and well-being in their absence. Indeed I am quite certain that it is an effective safety-net for us all in that regard. Bitcoin may yet save your life. And you will be resentful, I suspect. If banks and governments collapse then there will be wars, death, social unrest, more death, poverty -- perhaps there will be a perfect storm as the effects of climate change impact causing famine and mass migration. But wait....here's Bitcoin. Melodrama. So I see absolutely zero chance that governments and banks will just sit there, sucking their thumbs and whining, while a small ill-coordinated band of nerds robs them of their powers and profits. If that is what bitcoin means to you, prepare to be severely disappointed.
"governments" and "banks" are not malign monolithic conspiracies. They are made of people doing their jobs and pursuing their agendas. Your view is paranoid. So "governments" and "banks" are valuable and efficient organisations....but they are going to collapse? I'm confused.  I don't think the two are similar at all, perhaps its more a parasitic relationship. The first tends to monolithic and run by people with no agenda doing the best they can while trying to get money from the second organisation which is completely driven by a single agenda: make more money. Simplistic but hey. But they will get out the guns out before they will allow the edifice to fall. History shows us this. Very long quotes are cumbersome. |
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AH HA! clearly oversold what do you say to that Mr IHaveNoBitcoins. I say that I was somewhat embarassed by the failed prediction, but I will stubbornly carry on until the Chinese learn to pay attention to my postings. Traditional market trends don't mostly apply with cryptocurrencies. Remember, that bitcoin trading is done on unregulated exchanges, meaning that there is no regulation to stop an exchange owner from doing insider trading. Meaning that the price is probably set buy guys, who know the plans and routines of everyone else. The best way to speculate the future is to see, what is the most profitable way for the market owners. Trying to use traditional trends will only get you trapped more, then it will give you success. Yeah. Markets normally fluctuate on sentiment, or a general change in trust. A market that spikes up and down >50% daily based on announcements is unhealthy and immature. |
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Both links are not working. If he scammed you please give him negative trust and start a topic in scam accusations. The links work for me. They are screenshots of a skype conversation and a blockchain transaction. Not sure if they are legit or not. |
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Please explain what you find 'strong' about this 'support' at $530?
well 1) we have tested it 3 times now and not broken it ( maybe sellers realize they are getting ripped off if they sell a bitcoin for less than that, no matter what FUD is going around) 2) may star daily candles, indicating disagreement on price... ( no shit FUD is scaring poeple into selling, while anyone with half a brain knows bitcoin is going places. ) 3) volume speaks volumes 4) because i say so. This is irrelevant, but are you planning anything special for your big 10000? |
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Who the hell is deleting so many posts from this thread?
In a self-moderated thread? Perhaps the moderator, AdamstgBit. it wasn't me, I very very rarely delete any post...  |
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Is there a way to short goxcoins? or btc in general besides bitfinex? but most importantly goxcoins...
Buy USD  |
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Someone tell Mark to keep his mouth shut until Tuesday. My bank is being slow.
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Home sick today with no funds on an exchange to play with. Kind of sucks.
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Battery replacement is a pain in the ass for these the cost is about $60 for the kit and involves removing solder and resoldering it. these sell on average of $50-70 on craigslist but since i can use BTc to buy it whats the best price you can do shipped to Massachusetts?
I guess I can go as low as .03 to get rid of it quick. Free shipping of course. |
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will this stay on if plugged into the usb?
 Yes it does |
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Cosmetically in very nice condition. The only problem is that the battery only holds a charge for a few seconds. Turns on and works. Asking .045 BTC, which is about $25 at current prices. Shipping will be free to the continental United States.  |
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Ah of course. All that selling on Stamp is done by wolves and not by idiots panicing because Gox going down. Yeah silly me, how did i not see that.
And who were the 'idiots' doing the selling before Gox was going down? More 'Sheep' I suppose. Perhaps you are the idiot and the sheep? Afterall, you are the fkn clown who has lost more than half your net worth through holding your Bitcoin way too long after the top of the wildly over-extended market was in and are still holding, blaming 'the sheep' all the way down. Be very worried by the way. This whole grind down has occurred almost without a single whale taking a dump. Just once, just after midnight (UK time). The 'support' at $540 clearly isn't happening. Gonna be some whales witnessing this and getting very nervous. I just googled "Sheeple". The results were... interesting.  |
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