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1581  Economy / Speculation / Re: Should we be concerned about the new alternate block chains/cryptocurrencies? on: August 25, 2011, 10:21:19 PM
Start worrying when you see a fork whose value is tied to futures on a non-volatile industrial metal like paladium or titanium or platinum. That is the only thing to bring to the table that won't amount to a slightly-tweaked clone, and it will be the death of baseless currencies like bit, ix, i0, and solid.
1582  Alternate cryptocurrencies / Altcoin Discussion / Re: Solidcoin value UP ----> My Membership Prices Fall on: August 25, 2011, 10:09:26 PM
Lorna, your site is a pop-up hell hole.  AFF pop up right off the bat and an auto-redirect to some weird web ring.  I can't even get to the page to sign up (mobile device, but using a Desktop agent).  What do your affiliates think about you accepting *coins?  They send you traffic and you skim the sales through virtue of an alt currency and they don't get paid out.  Don't you think that's a bit unethical?   Wait til GFY learns of this. 

"Links pulled!"

Did you even visit my site?

 Cheesy

My affiliates won't mind because I don't run an affiliate scheme ... I've got a good enough rep to get plenty of hits from interwebs & google. If I want to accept sea shells in payment I guess thats up to me. Tongue

You should contact gfy.com and tell them, but don't be surprised when they tell you GFY  Lips sealed

As for the pop up hell, well I don't know what you mean, but I've got agree with you about the webring ... that's turned to junk when I was looking the other way - that'll be gone v. soon.

May I suggest a proper computer and a browser like chrome or firefox. I give up with some of these browsers with like 5 users in the world.

Can I pay you seashells for a lap dance? They'll be shiny!
1583  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANNOUNCE] Ixcoin - a new Bitcoin fork on: August 25, 2011, 10:03:49 PM
Hey smoothie, I have several thousand testnet coins. I'll sell them to you for .001 BTC/per. Maybe you can turn around and scam someone out of .002/per if you are wise about it.

+1

He would if he could

Actually no. If there was an exchange I would take the coins and exchange them but no Oldminer/Thomas I'm not like you.

I prefer honest transactions and not premined dixcoins.


Honest? AHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAL:KDBJSF:IK?BSF:"LOIBUN

You scammy fucktard.
1584  Alternate cryptocurrencies / Altcoin Discussion / Re: Wow look at Oldminer protect Thomas! on: August 25, 2011, 10:03:14 PM
If you are over the age of 15 and don't have a learning disability, I would be even hella-er surprised.
1585  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANNOUNCE] Ixcoin - a new Bitcoin fork on: August 25, 2011, 10:00:37 PM
Hey smoothie, I have several thousand testnet coins. I'll sell them to you for .001 BTC/per. Maybe you can turn around and scam someone out of .002/per if you are wise about it.

+1

He would if he could

where's doublec...I want a testnet exchange set up, STAT!!
1586  Economy / Economics / Re: Bitcoin has failed. Could something similar possibly work? on: August 25, 2011, 09:59:43 PM
Bitcoin is failing.  It's doing more or less what I've been predicting for the past 2 months.  It'll hover at around $10 for a while longer as it is a psychological barrier to break before it goes under it.

Reasons for this failure are numerous but one of the primary reasons is that the process of mining bitcoins IS NOT productive work.  Neither is the role of securing the network.  Both these (in a society) would be referred to as 'socially necessary functions', but they are not productive.  There is a critical distinction to be made here.  I hope the members of this forum can recognize it, since I believe this is the primary flaw of the system and if resolved would really give BitcoinII the incredible potential that we all hoped it would have had the first go around.  Yet, the more time we spend not recognizing this failure and stamping our feet in disagreement and denial isn't helpful and will only prolong the day before progress can be made.

The currency must fundamentally represent useful work.  I'm curious if there would be a possible way to use certificates and this technology to have the 'coins' or units of value store useful work rather than simply meet all the other requirements of what a currency must do.  Because, Bitcoin does, quite successfully, do nearly everything else that is required of it as a currency.

This is the strength of the fractional reserve system or better yet simply debt-issued central bank credit.  Take Putin's Russia or Korea or many other nations whom have issued debt into the system to provide for useful work.  Our banking system is presently totally out of control due to lack of regulation and a central bank that works for Wall St., but in the past and in other parts of the world a bank operated as a means to grow the economy by directing credit to useful enterprises.  If we choose not to have a deflationary monetary standard (and there is a lack of reasons as to why we should, but this is a point of another discussion) the money must originate from somewhere.  In the present Bitcoin system it is issued simply for providing the necessary service of securing the network, yet that isn't of itself enough (or at all fair) to constitute it being worth anything.  Debt issued currency, used properly in the Hamiltonian, Friedrich List style of dirigistic high-value high-capital intensity work creates wealth.  Such is how many nations have rocketed themselves to 1st world status in the course of a few generations.  But in the Bitcoin system the primary recipient of the currency isn't providing useful work, they function similarly like a bank - charged with the task of securing the system.

If there would be someway of 'securitizing' useful and productive work that was performed and could be exchanged through the infrastructure in a Bitcoin like fashion that would be something that could shake the system to its core. 

Of course this would probably be harder than just becoming politically active, reading a few dozen history books, a few dozen economic books and then coming to the correct solutions regarding our problems.  But if there are people here that would like to direct their energy in this direction (Bitcoin, or Bitcoin-like solutions) then this is how to make the system actually functional.

Ever wonder why Gavin's visit to the CIA came to naught?  Why it completely dropped off the radar of the political establishment?  I think they had a few analysts figure out what it was and where it was going and then realized that it would implode on its own and simply went about their business.



Let's apply your theories to some real-world situations. If you aren't a primary producer (farmer), your work and thus your life are a joke? Precious gems, aside from diamond and quartz, have little to no industrial value and their collection and cutting and polishing is a HUGE industry. The same could be said for gold, silver, and other precious metals. They have industrial uses, but not in the quantities we are mining. So, is it productive work to collect gold from the ground and stick in in some bunker under the rockies at a cost of billions and billions of dollars?

I am just going to ballpark a figure and say 90% of all work done in first world nations is equivalent to jacking off with a belt around your neck; someone needs it done, but a passerby on the street watching you do it will probably think you're retarded. Bureaucracy. That about sums it up. Unfortunately, it got us where we are.
1587  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANNOUNCE] Ixcoin - a new Bitcoin fork on: August 25, 2011, 09:31:24 PM
Hey smoothie, I have several thousand testnet coins. I'll sell them to you for .001 BTC/per. Maybe you can turn around and scam someone out of .002/per if you are wise about it.

LOL  Cheesy no thanks i dont deal in the test net coins arena.

Oh really? ix, i0 and solid are what, exactly? alternative forks...kind of like the testnet???
1588  Economy / Speculation / Re: R.I.P Bitcoin on: August 25, 2011, 09:25:24 PM
Gavin speaks about bitcoin from the Btc conference 2011.

Listen careful from 5:40 about security.

http://www.youtube.com/watch?v=vWdAPq5qKls






He semi-coherently babbles about how no one can find a security flaw, though maybe I didn't listen well enough...care to elaborate?
1589  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANNOUNCE] Ixcoin - a new Bitcoin fork on: August 25, 2011, 09:23:25 PM
Hey smoothie, I have several thousand testnet coins. I'll sell them to you for .001 BTC/per. Maybe you can turn around and scam someone out of .002/per if you are wise about it.
1590  Alternate cryptocurrencies / Altcoin Discussion / Re: Ixcoins at 0.0009btc i0coins at 0.0027 btc on: August 25, 2011, 01:12:54 AM

This is hilarious coming from the guy who is heavily invested into Ixcoins. Did I lose anything while selling my 12 hours worth of mining for 32 btc? NO.

So why would I be sour about making a profit?

Unlike your sourness of losing nearly 75%-85% of your networth on Dixcoins.

Now what's even more funny is Thomas is copying the difficulty adjustment code straight out of Solidcoin's release.

Now that's some funny shit!

HAHAHA!

The other day it was 12btc in 12 hours... That is quite a leap.

Did I make a typo somewhere? I thought I always said 32 btc for solidcoins.

What the fuck are solidcoins?
1591  Alternate cryptocurrencies / Altcoin Discussion / Re: Seriously guys, why? on: August 25, 2011, 01:11:32 AM
I come from a very poor family. My mum is bankrupt and my dad struggles from week to week. I barely make the mortgage payments each month.

Just because I sympathize more with the rich, doesn't mean I'm rich (yet).

I just have bigger ambitions that most, and $4m doesn't cut it, sorry.

I'd rather take a chance at $40m knowing I took a chance, and didn't cut and run when it got a bit scary, even if that means I never even make 4.

...Wow dude.  I think you've blown my mind.  Do you like being this stupid?

I love it.


When I grow up, I'm gonna have a spaceship, and a castle, and a horse, and a boat, and a fighter jet, and a ferrari, and a blond wife with fake tits, and a jetski, and no one is gonna tell me what to do.

Sucks wishing for things you don't have, doesn't it?  I suggest you reconsider how far your thinking has actually gotten you financially...

Sympathizing more with the rich?  Do you truly hate your parents or something?

It doesn't suck at all, it's called goal setting. And it's gotten me very far since I actually have a house to live in now, instead of a cardboard box. Next step, bigger house.

1592  Alternate cryptocurrencies / Altcoin Discussion / Re: Ixcoins at 0.0009btc i0coins at 0.0027 btc on: August 25, 2011, 01:07:03 AM

This is hilarious coming from the guy who is heavily invested into Ixcoins. Did I lose anything while selling my 12 hours worth of mining for 32 btc? NO.

So why would I be sour about making a profit?

Unlike your sourness of losing nearly 75%-85% of your networth on Dixcoins.

Now what's even more funny is Thomas is copying the difficulty adjustment code straight out of Solidcoin's release.

Now that's some funny shit!

HAHAHA!

The other day it was 12btc in 12 hours... That is quite a leap.
1593  Alternate cryptocurrencies / Altcoin Discussion / Re: Seriously guys, why? on: August 24, 2011, 02:00:07 AM
Aaaaand, the truth comes out. You live in your parents house, and have never had a real job. You have no fucking clue how much four million dollars is because you have watched too much TV and your brain is a mashed up pile of burning suburban garbage. You will graduate from high school in nine months and your rich white parents will give you a Jetta and pay for you to go on a backpacking trip to Europe. While there, you will get drunk and act like an obnoxious rich white kid in some dirty bar that your hipster friends drag you to because 'it's so real', oblivious to who is around you. This precipitates a brawl, which inevitably ends with you being raped in an alley. Despite the trauma, you fail to link actions to consequences and continue about your life, dumb as ever but walking a little bowlegged. You go to college, where no one likes you and major in Economics, going on to sell used BMWs. You die cold and alone.

Me? I would sell four four mil in a fucking heartbeat. A bird in the hand is worth 400,000 bitcoin in the bush.

Not at all. I come from a very poor family. My mum is bankrupt and my dad struggles from week to week. I barely make the mortgage payments each month.

Just because I sympathize more with the rich, doesn't mean I'm rich (yet).

I just have bigger ambitions that most, and $4m doesn't cut it, sorry.

I'd rather take a chance at $40m knowing I took a chance, and didn't cut and run when it got a bit scary, even if that means I never even make 4.
"Socialism never took root in America because the poor see themselves not as an exploited proletariat but as temporarily embarrassed millionaires." John Steinbeck

Quotefail, but +1. Awesome quote.
1594  Alternate cryptocurrencies / Altcoin Discussion / Re: Seriously guys, why? on: August 23, 2011, 11:56:36 PM
Honestly, I wonder why some random miner from 2009 with 400k Bitcoin HASN'T sold everything.  I think he's a fantastically huge idiot if he hasn't done so already.  Seriously...being an early adopter is like finding a million dollars superglued to the sidewalk (gotta do a little thinking to get it off the sidewalk without destroying it, but you're a moron to let it sit there without doing anything about it).

Why would you sell for $4 million if you can potentially sell it for $40 million next year?

Coz you're impatient, and scared.


That's one of the dumbest things I've heard in a long time.

My question or my answer to it? Perhaps you could answer the question more intelligently then.

Sure.  $4 mil is a guaranteed retirement.

Edit:  By the way, if you have $4 mil in a savings account at, let's say, an annual interest rate of .05%,  that's 20 grand a year right there for letting it sit while you figure out what the hell to do with it all.

The thought of completely retiring on a mere $4m is downright horrible to me. I'd feel like I'd completely 'given up'.

I guess people just have different expectations, but if I only made 20k per year in interest I'd feel like a loser who didn't really even try to make it big.

$40m is getting there, but really total RETIREMENT? Depends how you value time/money now I suppose.

$4m doesn't even pay for half a jet.



Aaaaand, the truth comes out. You live in your parents house, and have never had a real job. You have no fucking clue how much four million dollars is because you have watched too much TV and your brain is a mashed up pile of burning suburban garbage. You will graduate from high school in nine months and your rich white parents will give you a Jetta and pay for you to go on a backpacking trip to Europe. While there, you will get drunk and act like an obnoxious rich white kid in some dirty bar that your hipster friends drag you to because 'it's so real', oblivious to who is around you. This precipitates a brawl, which inevitably ends with you being raped in an alley. Despite the trauma, you fail to link actions to consequences and continue about your life, dumb as ever but walking a little bowlegged. You go to college, where no one likes you and major in Economics, going on to sell used BMWs. You die cold and alone.

Me? I would sell four four mil in a fucking heartbeat. A bird in the hand is worth 400,000 bitcoin in the bush.
1595  Alternate cryptocurrencies / Altcoin Discussion / Re: [BOUNTY] New useless scammy blockchains on: August 23, 2011, 11:31:32 PM
We had ixcoin, now solidcoin: https://bitcointalk.org/index.php?topic=38453.msg0#new
Will this stop? Unlikely
How can we stop that?

I pledge 1BTC for a proved successful double-spend attack on solidcoin in the next 3 days
Anybody with me?

No need to stop ! It is like it should be ! Maybe you still didnt see in how many ways SolidCoin is better than BitCoin Huh We need this to happen so better blockchain will be chosen by the most of the people regarding its positives and negatives...

And why you call SolidCoin useless when you can make payment 3 times faster than with BitCoin---with 1/3 of the security ? So you can go in some shop or pub or hypermarket and make payment for something you buy and it will pass for 18 minutes instead of 60 !

FTFY
1596  Other / Archival / Re: delete on: August 20, 2011, 08:30:06 PM
The biggest guns on the planet carry the biggest influence on the planet. If you think otherwise, you are an idiot.

Influence is one thing, colonialism is another.
If you think you can keep the world at the tip of a gun forever, then you're an idiot and, to the worse, a dangerous one.  Wink

What does that have to do with right here, right now? Yes, it's an unsustainable system, but it seems to be going strong at the present. I have heard nothing about the next big Russian pop star, but you can bet your sweet ass they know who britney spears is, or whatever crap the kids are listening to these days. Modern colonialism...
Russians know Britney so US rule the world
Russians know Patricia Kaas so France rules the world?

We are discussing colonialism and you say 'rules the world' twice. Figure out what we are talking about and maybe you could make a productive comment.
1597  Bitcoin / Bitcoin Discussion / Re: Bitcoin Conference 2011 NYC on: August 20, 2011, 08:27:42 PM
What does "Pseudonymous socializing" mean?

Glory hole.
1598  Bitcoin / Bitcoin Discussion / Re: To the attn of Immanuel Go on: August 20, 2011, 08:16:41 PM
Isn't it lovely how Bitcoin seems to bring out the nervous and neolithic attitude in people to they point they lose their grip on reality and decide that dragging financial issues into a public thread is somehow warranted?

Immanuel, as someone who has had this happen to me as well by a particularly excitable member of this forum, I'd recommend not taking it too seriously. You're not insane for thinking it's professional and mature to contact someone in private before posting in a forum but then again, we're talking about Bitcoin users here who think Bitcoin will cure cancer and make it rain, too. Anything can happen.

Meh. He was soliciting in public for a project that he didn't follow through. He should have been more forthcoming with the refund, and the OP shouldn't have even had to ask.
1599  Alternate cryptocurrencies / Altcoin Discussion / Re: Ixcoins at 0.0009btc i0coins at 0.0027 btc on: August 19, 2011, 10:35:39 PM
Do you four really need ten threads to say the same thing?
1600  Other / Archival / Re: delete on: August 19, 2011, 10:28:17 PM
The biggest guns on the planet carry the biggest influence on the planet. If you think otherwise, you are an idiot.

Influence is one thing, colonialism is another.
If you think you can keep the world at the tip of a gun forever, then you're an idiot and, to the worse, a dangerous one.  Wink

What does that have to do with right here, right now? Yes, it's an unsustainable system, but it seems to be going strong at the present. I have heard nothing about the next big Russian pop star, but you can bet your sweet ass they know who britney spears is, or whatever crap the kids are listening to these days. Modern colonialism...
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