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1601  Other / Off-topic / Re: Sony should release The Interview online for free and accept donations on: December 19, 2014, 04:21:08 AM
Okay, great I agree. But what does this have to do with bitcoin?

One of those donation methods, obviously, BTC.
That is much too thin to warrant having this thread in bitcoin genchat. It is off-topic discussion.
1602  Other / Meta / Re: Is there something behind the constant trolling? on: December 19, 2014, 03:40:31 AM
Just the usual suspects fear of change, envy, greed, and malice.
1603  Bitcoin / Bitcoin Discussion / Re: When did you buy and why? on: December 17, 2014, 05:51:55 PM
When: August through November 2013
Amount: 99.5% of my life savings
Cost average: ~$175
ROI @ today's value of $315: ~180%
Why: because I did my homework and understand both what Bitcoin is today, and what it will be one day soon.
1604  Economy / Speculation / Re: Rouble crash didn't give a chance to Bitcoin? on: December 17, 2014, 06:13:35 AM
bitcoin is still mostly "user-unfriendly", so even the vast majority of those getting financially raped by their governments (argentina, Russia, soon USA) aren't comfortable divesting from fiat.

It's hard to teach an old dog new tricks, especially when that old dog was indoctrinated to think a certain way about money from its formative years.
1605  Economy / Speculation / Re: TIME TO BUY on: December 17, 2014, 06:11:21 AM
The time to "go long" would be when a major company announces that it will be integrating bitcoin into its payroll options.
It is always the time to "go long". Always. Going short is where you have to be very careful.
1606  Bitcoin / Bitcoin Discussion / Re: man sentenced to 4 years for illegal bitcoin operation on: December 16, 2014, 04:51:09 PM
Wut.

He traded $3 million and got 4 years + 3 years supervised released? holy crap seems a bit excessive.

Anyone got PACER? would love more info on this case. It sounds like they nabbed him for not being a money transmitter (IE not having the right paperwork) not because any money laundering had occurred, which is kinda ridiculous if thats the case.

Oh $#!T, I think I know who that is.  Undecided

I'm certain he would not want me to name him, but I know a guy in that area with a sick mine. If it is who I think, there could be more to this story than a mine.

It says he was running an exchange.

Deal in the FEDs market and they call up Merica to lay the Fing pwn down on you.

YOU WILL BE PUNISHED for competing with the USD, as I have warned many times before... the govs are just starting the war... it will get bad.. very bad.. you should have bitcoins competely offline that no one knows you own.  DO NOT PUT THEM IN A bank saftey box like a putz either, they will torture you to find out the passphrase.  No one can know about your stash.. not a soul.  Only put 10-20% of your holdings there.. the NSA knows you have bitcoins when they come for them "I have non" will land you waterboarded for months at utter best.

This one is correct. They will fight viciously until they realize it's hopeless... and then fight some more. Look at the failed war on drugs.

Remember kids, the only thing a capitalist hates more than a communist is a competitor.
1607  Bitcoin / Bitcoin Discussion / Re: My jaw is still on the floor. on: December 12, 2014, 09:03:14 PM
And this made your jaw drop, Wow you need a life i think.  Tongue

thanks. i should play video games and kill virtual people like a normal person huh?


No, you should play online and kill actual players.
1608  Bitcoin / Bitcoin Discussion / Re: Tipped Bill Gates on twitter - lets hope we get his attention on: December 12, 2014, 08:04:35 PM
He's a billionaire. Spoiler, tipping him a few dollars isn't going to get his attention.
1609  Bitcoin / Bitcoin Discussion / Re: How do you earn Bitcoins? on: December 12, 2014, 04:53:55 PM
How do you earn bitcoins?
How do you earn dollars? You do work.
1610  Bitcoin / Bitcoin Discussion / Re: Are most people just ignorant or is it just old people? on: December 12, 2014, 03:41:58 PM
Sheeple man.  Herd mentality.

It's been beaten into all of us, to "trust what works" which is unfortunately is trusting our funds and finances with the old guard:

 
It's worse than you think. Thanks to mass schooling indoctrination we are still trusting our planet - and by extension the survival of our species - with capitalism.



You know how far the nearest star is besides Sol? We only get one shot at this game.

Even if bitcoin wins, humanity still loses if we don't unfuck this situation with tremendous alacrity.
1611  Bitcoin / Bitcoin Discussion / Re: 20 years later bitcoin and goverments on: December 11, 2014, 05:23:43 PM
20 years from now no one will be trying to shut down bitcoin and attempting it would be as unthinkable as shutting down the Internet is today (excepting a handful of marginalized violent 3rd world dictators). This technology is simply too useful.

In 20 years economic policy will be set by transparent blockchain consensus rather than by local governments. In 20 years all national governments will be thought of as localized, because they are.
1612  Bitcoin / Bitcoin Discussion / Re: Lets make this viral on: December 09, 2014, 10:25:09 PM
OP doesn't understand what viral means.
1613  Economy / Speculation / Re: 2014 is NOT the year of bitcoin, sorry on: December 09, 2014, 06:08:45 PM
Quote
we're gonna be riding a shit storm all the way through the end of 2014.

Best way to kickstart a Year of FUD is with quotes like this.
Maybe he means a literal storm of shit? Like, a tornado hits a waste treatment plant and because a shitnadoTM, and then veers off toward the city?
1614  Economy / Speculation / Re: $10,000 when? on: December 09, 2014, 06:04:01 PM
21:48 GMT March 7th, 2017
1615  Bitcoin / Bitcoin Discussion / Re: A Reminder of Why We are Here on: December 08, 2014, 04:43:42 PM
I don't have much fiat neither got much bitcoin... so I can hold calmly, not much to lose anyway.

you will lose your job in that scenario. like many people will.
Jobs are endangered species of resource distribution anyway, we'll all lose our jobs to robots soon. Will be interesting to see how capitalism reacts to THAT.
1616  Bitcoin / Bitcoin Discussion / Re: Bitcoin defeating fiat is very unlikely on: December 08, 2014, 04:42:43 PM
Did you REALLY just start a new threat linking to a post from another thread, without so much as adding anything to it?
1617  Economy / Speculation / Re: What will you do if bitcoin price fall down to $100 ? on: December 08, 2014, 04:41:52 PM
I'd spend 2,000 - 3,000 of my last remaining fiat reserves to buy up those cheap coins.
1618  Bitcoin / Bitcoin Discussion / Re: 217,517.63438199 BTC transfer? What is this? on: December 04, 2014, 08:05:10 PM
Can anyone explain me what is this?

https://blockchain.info/tx/8f1d3a8ef6b2d4a25d2f499279e01518b4770819ccbc39a765c4c326170c61b3

217,517.63438199 BTC transfer but from whom and to where??
I dropped some pocket change by accident.

Sorry about that.
1619  Bitcoin / Bitcoin Discussion / Re: "You can't leave the governemt out of monetary policy" on: December 04, 2014, 07:04:48 PM
Historically speaking, confident authority figures forbidding the use of a new technology generally doesn't turn out very well for the authority.
1620  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin good enough; there aren't critically important improvements needed? on: December 03, 2014, 04:55:48 PM
Altcoins will never be meaningfully more efficient than Bitcoin, because they are built on the same technological foundation.

I know you are referring to efficiency of capital not being misallocated, i.e. the efficiency gained from decentralization.

Therefor I assert if Bitcoin falls to government regulation as I allege will likely happen, it is no longer as efficient as the decentralization ideal.
Why do you believe Bitcoin would "fall" to government regulation (what?), when torrent technology has already proved government regulation impotent against a decentralized target?
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