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13101  Economy / Economics / Re: Are Bitcoin lovers in their own bubble? on: September 07, 2016, 09:36:23 AM
No idea about the opening question but as for being in their own bubble, without a shadow of a doubt. Objectivity is not a strong point of anyone here and confirmation bias oozes from every pore.
13102  Bitcoin / Press / Re: [2016-09-05] Bitcoin: Will it be a major threat to our banks in 2017? on: September 06, 2016, 11:50:00 PM
Banks don't have the control you seem to imply.

No bank will give a UK Bitcoin company an account though that might be slowly changing. As a result of that the UK Bitcoin scene is laughable compared to other places. There are no proper exchanges and very little commerce.

If banks everywhere refused to work with exchanges then Bitcoin's usage will be vastly curtailed. It's not sexy but that's how it is. If we ever reached closed loop status then the problem goes away but there'll always be a need to interact with fiat and that means banks.

As for the original question, 2037 maybe?
13103  Other / Politics & Society / Re: Wilders, Farage, Orban and Trump attacked by the United Nations on: September 06, 2016, 11:34:38 PM
Farage certainly served up no shortage of fantasy during the brexit campaign. Amazingly enough he retracted most of his pledges within a few days. Didn't see that one coming.
13104  Economy / Economics / Re: How legitimate those 600% ROI claims are? on: September 06, 2016, 11:32:26 PM
If you're talking about those services which promises to multiply your bitcoins, they're mostly scam.

There is no mostly. I can't believe anyone would ask this question with a straight face.

The day HSBC offers 600% returns a day that are fully insured and guaranteed by congress is the day I might be inclined to take a look, but more likely they'll be laundering a serious amount of someone's drug money.
13105  Economy / Trading Discussion / Re: Is 1000 btc Possible on: September 06, 2016, 11:26:28 PM
Yes it is possible for those who have 610k$ in their bank accounts. For you street scums who hold 100 bucks in their wallets, no it is not.

You wee charmer, you.

If someone had skipped between the most explosive alts over the last twelve months which I suppose is ETH, ETC, XEM, XMR and a few others I haven't paid enough attention to then it would have been possible.

What I'm really curious about is how you'd go about getting your 1000 BTC off Poloniex. Their withdrawal restrictions might mean it would take you several months. I dunno what there is beyond normal verification.
13106  Other / Politics & Society / Re: For the first time I feel uncomfortable watching an Hollywood movie... on: September 06, 2016, 11:20:44 PM
Anyone who values the opinion of someone who's paid to be told what to say because they don't have anything to say themselves is equally vapid.
13107  Bitcoin / Press / Re: [2016-09-06] Italian authorities seek to tax bitcoin assets on: September 06, 2016, 11:14:55 PM
Isn't this the case in most countries already? It certainly is in the Uk at least. I lived in Italy for a year or two. Tax evasion is one of their national sports. Businesses use estate cars instead of vans to avoid being pulled and searched and the tax man has his own police force. I'm sure they'll love what Bitcoin can do if they ever get into it.
13108  Bitcoin / Bitcoin Discussion / Re: What will you do when the BTC liquidation pools dry up? on: September 06, 2016, 11:12:23 PM
I will finally release those balloons that live in my house just like Up and float away to a world of marvellous adventure.
13109  Economy / Speculation / Re: 1 BTC = 100.000 to 1 million is a possibility in 2035 on: September 06, 2016, 10:23:24 PM
no i do not think that it is possible in 2035, if the price of bitcoin reach to that level then most of the investors will not be able to buy a single bicoin and this thing will discourage the investors because they will not be able to trade it any more and thus they will be looking for some other places to invest their assets.

Have you thought this through? The real investors out there aren't going to pay it the slightest attention until one whole coin isn't a realistic prospect for most people. They can't put decent amounts in or out or preserve a fraction of their value with Bitcoin priced as it is. It's a piddly little curio right now to them.
13110  Economy / Collectibles / Re: [Auction] Casascius Silver/Gilt MS-69 - Starts @ 1BTC on: September 06, 2016, 10:20:25 PM
Ahhh, more proof that despite the auctions in BTC, the drive of value is still coming from how much fiat one has to unload to buy one.

Nah. Premiums were higher when BTC was considerably more than it is now. I think premiums are related to more general hype cycles but I'm curious to see what the future holds.
13111  Other / Politics & Society / Re: Mohammed tops the list of most popular baby boy names in England and Wales on: September 06, 2016, 05:02:50 PM
My Aryan sperm flowed freely into the vulvas of an army of placid blond haired and blue eyed maidens one crisp winter afternoon in the Berlin car park above Hitler's bunker. If I remember rightly it was somewhere around 138 vulvas.

When we all met at the hospital for the births we realised that we didn't want them to become too master race until the time was right. Now there are 157 new Mohammeds in the world as there were a few twins and triplets, and that includes the girls too.
13112  Economy / Reputation / Re: Red trust spam from user tharani (48 times today) on: September 06, 2016, 12:27:22 PM
What a strange little person this is.

 Thanks for the feedback. It's great to know that someone's paying attention to me even though I don't have a fucking clue what it's about nor do I give the slightest fuck either. I'll cherish it all the same.
13113  Other / Meta / Re: Legendary one day? on: September 06, 2016, 10:21:31 AM
1022 and still not legendary.

Join the club. Once I am a legend I will use my new powers to wreak horrific revenge for this snub. I don't know what it'll be yet but I'm thinking earthquakes or plagues of locusts on whatever building houses the server. If I'm that powerful then I'm going to crash a planet into it.
13114  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 06, 2016, 10:10:22 AM
Changed me password. My account's linked to a junk email address but they're welcome to sift through my expired trials and lengthy string of 419 baiting.
13115  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 06, 2016, 10:00:26 AM
Did you do that purely to live up to your username? I admire people who go the extra distance in whatever they do.
13116  Bitcoin / Bitcoin Discussion / Re: Megaupload + Bitcoins on: September 05, 2016, 09:55:03 PM

Why would uploading get you referral commission? That can only happen if someone pays to download, but if even Kim Dotcom doesn't know what files you upload, how can someone choose to download it?


Maybe I'm missing something here, but someone uploads a film, shares the link, loads of people download it. Referral earned.
13117  Economy / Trading Discussion / Re: Low amount exchange on: September 05, 2016, 06:08:30 PM
Bitcoin and piddling amounts just don't go well together. That goes for withdrawing fiat or coins themselves.
13118  Bitcoin / Bitcoin Discussion / Re: Megaupload + Bitcoins on: September 05, 2016, 05:54:31 PM

Currently I have a free 1 TB cloud service at my disposal, and I never use it simply because uploading is too slow. Most home users will have this limitation. Downloading is much faster.


Then those who do upload are going to make some serious BTC in referrals. Which would inspire others to sit around in upload tedium in the hope of making money too.

As there are already lightning networks being played with, I assume this is similar in principle. But perhaps there is something super new. Regardless I don't really know how they'll get all these users on and off their side chain with the proper chain as it is.
13119  Bitcoin / Bitcoin Discussion / Re: Greg Maxwell is now the owner of Bitcoin. That's all. on: September 05, 2016, 05:49:58 PM
r/btc quote = instant death spiral of credibility no matter what the subject matter,  but super especially this one.

I don't know anything about him myself. I don't massively care. If Bitcoin does look like it's permanently crippled then it deserves to go down in flames.

I'll pick up the ideas again with a descendant that does follow the original principles.

13120  Bitcoin / Bitcoin Discussion / Re: Another way to invest Bitcoin without Mining on: September 05, 2016, 05:43:31 PM
No one 'invested' in mining with such companies. They invested in a scheme that was taking money from other people to keep you fooled until there were no fools left. Had any of these people bothered to ask around before doing so then they could've been informed and saved themselves their loss. It's not a tricky one to work out.
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