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1481  Bitcoin / Bitcoin Discussion / Re: What would be the best moral / immoral ways to become Bitcoin millionaire? on: January 07, 2017, 06:51:26 PM
What would be the best moral / immoral ways to become Bitcoin millionaire?

Take ten million dollars and put nine million in the most honest cryptocurrency exchange known to man. Wait a tad. Try to withdraw your nine million dollars. Wait. Wait. Wait. Soon, you'll realize that you only have a million dollars left, thus now you're a millionaire.

This is a house of deceit and misdirection. We don't abide by that truth tellin around these parts. Get the fuck outa here fella. ROFL

I had to break the "house of deceit and misdirection" code: ROFL = Roll Over Foo Ling.

Is that what that means? I always thought it meant Rough Oriental Fuck Lashings
1482  Bitcoin / Bitcoin Discussion / Re: What would be the best moral / immoral ways to become Bitcoin millionaire? on: January 07, 2017, 06:19:36 PM
What would be the best moral / immoral ways to become Bitcoin millionaire?

Take ten million dollars and put nine million in the most honest cryptocurrency exchange known to man. Wait a tad. Try to withdraw your nine million dollars. Wait. Wait. Wait. Soon, you'll realize that you only have a million dollars left, thus now you're a millionaire.

This is a house of deceit and misdirection. We don't abide by that truth tellin around these parts. Get the fuck outa here fella. ROFL
1483  Bitcoin / Bitcoin Discussion / Re: Is having the whole blockchain better for me? on: January 07, 2017, 06:09:02 PM
The blockchain is really big now. Are there advantages for me, going forward, in having the whole thing?

I have other questions too, but one at a time might be a good way to go.

Thanks,

Mike

Everyone in this thread has given you correct information. I've discovered that no matter how many questions you ask on a forum the answers always fall short of the complete picture. That's because forum answers need to be fairly brief and complete answers are usually lengthy.

Downloading the whole blockchain, running a trustless wallet, running a secure wallet, maintaining the ledger, keep your own ledger all mean the same thing - running a full node. Here is the best and most complete guide currently available for running a full node that's valid for the most current stable version of Bitcoin Core: https://bitcoin.org/en/full-node#what-is-a-full-node

Most people have additional questions about running a full node that are poorly answered by forum members and many times the answers they get end up being wrong. Read this to clear up any additional questions you might have: https://en.bitcoin.it/wiki/Clearing_Up_Misconceptions_About_Full_Nodes

Your next question is about cold storage or securing your wallet, protecting your bitcoins, how to safely use Bitcoin or generally how to have a safe experience and not lose any money while using Bitcoin. The same website covers that topic at length: https://bitcoin.org/en/secure-your-wallet

Here's a fairly complete listing of all the different wallet types for securing your bitcoins and a description of different methods of storage. https://www.buybitcoinworldwide.com/kb/how-to-store-and-protect-bitcoins/

You also mention trading your bitcoins for government paper money. That's not a dumb question and you'd be surprised how many people don't know how to do it and feel safe while doing it. Here's a pretty good article that can clear that up for you: http://www.coindesk.com/information/sell-bitcoin/

Oh yeah, welcome to Bitcoin.   Smiley
1484  Economy / Speculation / Re: Bitcoin crash - How deep it will go? When should i buy? on: January 07, 2017, 05:01:08 PM
I just checked with my psychic and she told me to buy at $821.71. Oh, she also told me my dead father never loved me and my wife is fucking the next door neighbor.

Who needs a wife or a loving family if you got bitcoins? Especially at low price!

But to answer the question you have to take a look at the big picture. Currently if my information are correct, miners need on average a price higher than 700$ to make profits. It means that normally the price shouldn't sustain for long under 700 otherwise miners gonna see the shit hitting the fan.
But 1100$ made no sense it was a freaking pump ^^

I would say 700-900 is the trading zone now, after it stabilizes, probably at around 850 ish, we are going to stay there for a while and the lateral rise will continue. Take a look at the all time graph with hourly increases, the uptrend is still healthy, it was indeed a pump, then some people panicked and sold at the fast rise. We can't never know what exactly triggered it, some say the Chinese bullshit news, other a Coinbase hack rumor... we can't fully know.

The Chinese are controlling bitcoins price now, it might not be something as reasonable as news story. It's the year of the rooster. They're so fucking superstitious it may have been a cloud floating over Beijing that looked like a chicken taking a shit on a Bitcoin symbol that caused the sell off. That's the problem with having Chinese in control of the price, we may never know when or why the price of Bitcoin tanks.
1485  Economy / Speculation / Re: The China Effect on: January 07, 2017, 01:05:15 PM

We can not do anything with bitcoin because chinese demand is too high and Once there are anything happened with bitcoin or chinese investors of bitcoins. that is very big problem because They owned biggest bitcoins in the world (90% bitcoin amount from China). I think we need another digital coin for the rest of the world.

Where did you get the source that 90% bitcoins are from China, that's an absurdly high number.

http://bitcoincharts.com/markets/

That stat is misleading as they include Chinese exchanges with no trading fees which massively inflates trading volume.

http://data.bitcoinity.org/markets/volume/30d?c=e&t=a

https://www.coingecko.com/en/coins/bitcoin/trading_exchanges

http://www.bitcoinwatch.com

1486  Bitcoin / Bitcoin Discussion / Re: These are worth [edit, again]$25,000+ now. on: January 07, 2017, 08:52:02 AM
Oh my god, I can't believe it. Stephen Gornick sold his account? I just read the beginning of this thread, saw his name and wondered why I hadn't seen any of his posts lately. I looked up his recent posts to see where he's been posting and found out a functional illiterate is using his account. That's too bad, I really enjoyed his posts.

I wonder if he still has that casascius coin? Maybe not if he got tired of Bitcoin and bailed out.
1487  Economy / Speculation / Re: The China Effect on: January 07, 2017, 08:38:03 AM

We can not do anything with bitcoin because chinese demand is too high and Once there are anything happened with bitcoin or chinese investors of bitcoins. that is very big problem because They owned biggest bitcoins in the world (90% bitcoin amount from China). I think we need another digital coin for the rest of the world.

Where did you get the source that 90% bitcoins are from China, that's an absurdly high number.

http://bitcoincharts.com/markets/
1488  Economy / Speculation / Re: Bitcoin crash - How deep it will go? When should i buy? on: January 07, 2017, 08:17:09 AM
I just checked with my psychic and she told me to buy at $821.71. Oh, she also told me my dead father never loved me and my wife is fucking the next door neighbor.
1489  Bitcoin / Bitcoin Discussion / Re: Today's investors do not care about Bitcoin on: January 06, 2017, 09:47:11 PM
We shall not hide from the difficulties. The blockchain will be 100 go before the end of winter, but nobody cares about that.

BTC has problems. Scalability's being the biggest one. I remember Mike Hearn saying that BTC has failed, a year ago. We may not like him, but the problems he talked about were real, and still aren't solved. Far from it. SegWit looked like a promising solution, but after 6 weeks, it has less than 30% support, with barely 4% gained in the last 30 days. At this rate, it will take years for SegWit to pass. Is there a plan B?

Cautious investors like me are waiting for a clearer future before buying anymore BTC, but to my great surprise, BTC keeps on going up and up. So I have the feeling that the people from China or India (or other places) who are pushing up the price just don't care about BTC. They just want to escape their country's regulations, or failing currency, and that's not good.

I got in the BTC bandwagon because I believed in a decentralized government-free currency, but those newcomers just got in because they saw an opportunity for fleeing. They might flee again fast if somehow they lose confidence in BTC.

As a rule of thumb, slow, stable growth is always better to sudden quick changes.

No one needs to care about Bitcoin. Bitcoin isn't a cult. Everything has problems. They eventually get fixed. Bitcoins problems will definitely get fixed because there are too many big investors driving Bitcoin to let it fail.

People from China or India are just using it to hide money. Great that means they've learned how to use it and they're using it. Their understanding of how Bitcoin works will never go away.

Day traders, forex traders and speculators of all kinds are just using Bitcoin for profit. They don't care about Bitcoin at all. Great that means they've learned how to use it and they're using it. Their understanding of how Bitcoin works will never go away.

No one needs to fall in love with the things you like about Bitcoin. They'll benefit from that whether they like it or not. We just need people to use bitcoin, not pray to it.
1490  Economy / Speculation / Re: Breaking: Bitcoin OFFICIALLY touches $1,000 on: January 06, 2017, 08:26:57 PM
Doubling in price in less than six months but it's not a bubble?

Waiting





Half a pound of tuppenny rice,
     Half a pound of treacle.
That’s the way the money goes,
      Pop! goes the weasel.
Up and down the City road,
      In and out the Eagle,
That’s the way the money goes,
       Pop! goes the weasel.

LOL
1491  Bitcoin / Bitcoin Discussion / Re: Bitcoin implants? on: January 06, 2017, 08:00:34 PM
That is very interesting and I have also though of this. Though for me personally I worry the device fails and I need to be cut open again.
Or.... Maybe the device can be I jected into with a syringe ? I'm not sire sure but wither way my dear is it fails and then I need to be opened up again. I dont like the idea of hospitals .

It's no worse than getting a shot. Women have been doing it with birth control for years.

Birth control implant location


Showing birth control location


Technology implant syringe
1492  Other / Politics & Society / Re: Do you believe in god? on: January 06, 2017, 05:59:54 PM
Trump has provoked in America, a new wave of racial struggle. This could provoke a civil war in America. I am sure that Russia will use the opportunity to provoke internal conflicts to weaken America.

We can only hope. America today is slipping so far down the totalitarian slope that it's downfall is no longer frightening to me.

The bill of rights are toast. Obama signed a "no free speech" bill killing the first amendment. The patriot act allows anyone to be jailed forever without trial if the arresting LEO says the magic words, "you're a terrorist" killing the fifth, sixth, eighth and fourteenth amendments.

Quote
8,000 Arab and South Asian immigrants have been interrogated because of their religion or ethnic background, not because of actual wrongdoing.

Thousands of men, mostly of Arab and South Asian origin, have been held in secretive federal custody for weeks and months, sometimes without any charges filed against them. The government has refused to publish their names and whereabouts, even when ordered to do so by the courts.

The press and the public have been barred from immigration court hearings of those detained after September 11th and the courts are ordered to keep secret even that the hearings are taking place.

The government is allowed to monitor communications between federal detainees and their lawyers, destroying the attorney- client privilege and threatening the right to counsel.

New Attorney General Guidelines allow FBI spying on religious and political organizations and individuals without having evidence of wrongdoing.

President Bush has ordered military commissions to be set up to try suspected terrorists who are not citizens. They can convict based on hearsay and secret evidence by only two-thirds vote.

American citizens suspected of terrorism are being held indefinitely in military custody without being charged and without access.

America goes away? Meh, no big deal because it's gone already.
1493  Bitcoin / Bitcoin Discussion / Re: Bitcoin implants? on: January 06, 2017, 05:44:04 PM
I think in the future the possibility of implants to pay for stuff and not only this, but having your entire financial, social security, ID... alll your government data may be implanted at birth and this data will be hosted in some sort of centralized government blockchain that will also have the token equivalent of bitcoin (e-dollar, e-euro etc... if we don't go towards a global centralized nightmare like the "phoenix" as predicted by some that is)

That already kind of exists in the USA and the dollar is already a global currency. I can't remember the last time I visited a foreign country where having dollars wasn't good enough. The USA uses citizen ssn numbers for everything (buying a house, opening a bank account, registering your car, getting a drivers license, etc.). Almost all citizens have finger prints on record which is a biometric record of your identity. You don't even need an implant to have bank accounts biometrically linked to you, they could just link to your fingerprint or retinal scan. Having a Bitcoin implant holding spendable funds that can't be taken away from you could help defeat the centralized financial systems that exist today. People just need to decide to accept it as money worldwide and use it for everyday purchases. Bitcoin could be a hedge against the "Phoenix" new world order money ever coming into existence.
1494  Other / Politics & Society / Re: Do you believe in god? on: January 06, 2017, 05:06:38 PM
God Or Moral Nihilism
https://www.brusselsjournal.com/node/4871

Quote from: Richard Cocks

Who needs God? Morality is a social construction

If morality is a social construction, then morality does not exist. Just because we call some things ‘good’ and others ‘evil’ doesn’t mean that good and evil refer to anything.
...
If morality doesn’t exist for real, then neither can morality be a useful fiction. Something can only be useful (have extrinsic value) if the thing that it is useful for is actually valuable i.e., intrinsically valuable. If we say that the false belief in morality makes us happy and is therefore good, we are introducing a moral category again; the notion that anything that makes human beings happy is good and anything that makes us unhappy is bad. We arrive at the morally good and bad once again.

All people who think that morality is a social construction and is good/useful, have reintroduced moral realism; the notion that good and evil actually exist. This is a contradiction and therefore cannot be true. You cannot believe that morality is merely a social construction and in moral realism.

If you claim to believe that morality is a social construction, then you are a moral nihilist. All us adults know that Father Christmas doesn’t really exist and you’re effectively claiming that morality doesn’t either.

The Argument from Religion - A Transcendental Argument

Morality can’t be found from a scientific examination of nature. So if morality is not in nature it must be beyond nature – the supernatural.

Where does value come from? It’s not found in the world reduced to scientific facts. Nonetheless, it’s found in the world as we actually experience it. We find value in all sorts of things. We value our friendships, and hopefully at least some of our family members. We value certain books, films, projects, beautiful days, ‘nature,’ and music. So value exists. We experience it. A transcendental argument asks – what must the world be like for this experience to be possible? There must be more to the world than scientific facts. The value of the world that we discover must have its basis in something else.
...
Morality is invisible to science because science cannot see value. Anything invisible to science must either not exist at all, or it must be nonphysical. Our name for the nonphysical aspects of reality is the spiritual, i.e., the divine, transcendent, God.
...
There is remarkable agreement among those at the higher reaches of many world religions. High level Buddhists, Catholic monks, Kabbalists, Sufis, all describe ultimate reality in similar terms and much of what they say can be summed up in the cliché, ‘all is one.’

If all is one, then my treating you badly is really treating myself badly.
...
God or Moral Nihilism

Your choices are God or moral nihilism. Social constructionism and Darwinian evolutionary theory can only allow you to say that we think and act like morality exists, not that morality does exist. Social construction and Darwinism certainly have nothing to say about the truth of morality. In fact, they suppose the opposite. In the first case, we just made it up, like Father Christmas. That’s called moral nihilism. The second case, Darwinians might try to say that morality is useful in promoting survival, but since they cannot establish that surviving has any intrinsic value, they cannot logically point to the extrinsic value of morality. Nothing has extrinsic value if nothing has intrinsic value and since the existence of intrinsic value is precisely what needs explaining in morality, Darwin and his followers have nothing interesting to say on the topic.

If you choose moral nihilism, just remember what you are choosing...If moral nihilism is true, then your life has no value and neither does anybody else’s.

The torturer will be right to start removing your fingers. Why? Because it’s fun and you can have nothing to say on the subject...The fact that you don’t want to die is only relevant if morality exists and morality requires another person to respect your wishes and desires. If you claim that your wishes and desires are nonetheless important, then you will be unable to say why my wishes and desires are not important too...we can go back to gassing the Jews, human sacrifice, and seeing how loud we can get torture victims to scream and any other psychotic things you can think of. If you must respect my wishes and desires, then you are behaving morally. Do unto others as you would have them do unto you.

Of course, morality is something that is chemically built into every person. It has been handed down, parents to children, since the Beginning. God invented it. It has to do with our ability to live in the universe.

The interesting thing is that it may be attached to the soul and spirit in ways that are non-physical, as well.

Cool

When you're, you're right. I got an idea, let's go beat up some fags and burn a few niggers on crosses after church today.



1495  Bitcoin / Bitcoin Discussion / Re: Bitcoin implants? on: January 06, 2017, 04:56:01 PM
Are there any Mormon Bitcoiners?  Grin

ROFL

Don't even start   Grin
1496  Bitcoin / Bitcoin Discussion / Re: Bitcoin implants? on: January 06, 2017, 04:49:38 PM
Nevertheless, I want to know your opinion about this, since it would be pretty cool to have such a system to help spread mass adoption of the cryptocurrency.  Smiley

No, it wouldn't. Sounds a lot like Revelation, referring to the Anti-Christ's mark.

"And he causes all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads: and that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name"

“If any man worship the beast and his image, and receive his mark…the same shall drink of the wine of the wrath of God…”

Thanks. I've been waiting for some christian fear monger to post that.

Abit of topic but how is he a fearmonger for quoting the bible?  He didn't even interpret anything ?   i hate when people just brand someone with a label instead of debating the point  Undecided

Ok, I'll debate it. Why bring up that passage at all? Most of the christian bible is designed to instill fear. The bible doesn't say things like, "don't do that because god will be really disappointed and pout if you do". No, the bible says things like, "don't do that or god will allow you to go to a fiery hell and be tortured for all eternity". WTF?

This forum is called "Bitcointalk" not "Christians intrepret money". It's a financial website discussing a revolutionary monetary tool. Keep that christian fear-mongering shit in the circus where it belongs.
1497  Economy / Speculation / Re: Please give me advice, Bitcoin will rise again or go to hell? I'm scared on: January 05, 2017, 07:11:28 PM
We make money when he buys more.

You make nothing, until You sell out with a profit.

I also make nothing if I give you money to see your titties.
1498  Economy / Speculation / Re: Please give me advice, Bitcoin will rise again or go to hell? I'm scared on: January 05, 2017, 06:47:40 PM
You guys he's scared out of his mind, and you're telling him to buy more, lol.

What are we supposed to do? We make money when he buys more. I don't give a shit if he loses money as long as I profit. LOL

Where do you think the floor is at if not where we're at now ~$950?

You seem like a nice kid so I'll give you the only honest answer you will ever get on this forum.


My crystal ball is in the dry cleaners until Friday. How the fuck am I supposed to know? LOL 

You said we make money when he buys more, implying the price hasn't hit the floor yet.

That wasn't my intent. I don't know what the floor is going to be. I only know a few things. I know what a bubble is. I know Bitcoin is in a bubble. I know bubbles must eventually pop. When it does the price will go down.

How far up, down or length of a sideways movement is anybodies guess. If you find someone that tells you they know all of the above with certainty, they are lying to you or lying to themselves. I've made a sum of money picking a price then beginning a slow sell off based on what makes me personally comfortable. Let's say I have 2000 bitcoins. I decide to sell 100 at $1,000 and another 100 for every $100 increase above $1,000. If Bitcoin skyrockets to $500,000 a coin I still won't feel bad because I made a fat stack of cash and I'm willing to live with it. If the price goes to $1,300 and pops then I've made a little and will rebuy what I sold when I see a long period of sideways movement at what ever that price is. For me that works, for you maybe not.
1499  Economy / Speculation / Re: Please give me advice, Bitcoin will rise again or go to hell? I'm scared on: January 05, 2017, 06:33:45 PM
You guys he's scared out of his mind, and you're telling him to buy more, lol.

What are we supposed to do? We make money when he buys more. I don't give a shit if he loses money as long as I profit. LOL

Where do you think the floor is at if not where we're at now ~$950?

You seem like a nice kid so I'll give you the only honest answer you will ever get on this forum.


My crystal ball is in the dry cleaners until Friday. How the fuck am I supposed to know? LOL 
1500  Bitcoin / Bitcoin Discussion / Re: What would be the best moral / immoral ways to become Bitcoin millionaire? on: January 05, 2017, 06:22:39 PM
Best moral way: Get a time machine, go to 2010 and mine the shit out of Bitcoin with as many computers as you can get your hands on.


Best immoral way: Open an exchange, fake the price and fuck as much money out of the world as you can. Run some sort of illegal business and rip off the world.

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