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1741  Economy / Speculation / Re: Do We Owe Falllling an Apology? on: November 20, 2014, 01:18:27 PM
Why they always ban good people and not the criminals?
Criminals can't be good people? What about Robin Hood?
1742  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 20, 2014, 01:16:27 PM
1743  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 20, 2014, 12:14:13 PM
I actually want to see scenario when we go really low and mining becomes really unprofitable. That will be true test of bitcoin imho.
I want someone to sell me their coins really cheap.
1744  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 20, 2014, 12:08:34 PM
Secret rocket time.
1745  Economy / Economics / Re: A Resource Based Economy on: November 20, 2014, 12:01:10 PM
House of Commons debating money creation right now!

http://www.parliamentlive.tv/
Max Keiser should be holding live coverage and commentary. At least it would be interesting to watch.
1746  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 20, 2014, 11:55:49 AM
This is buying zone.  Wink

Not yet, there's no rush with the fact it looks like the bear market is still in tact. Save your fiat to defend the bottom.
I was hoping for 250 but don't think it will happen.
1747  Bitcoin / Hardware wallets / Re: [ESHOP launched] Trezor: Bitcoin hardware wallet on: November 20, 2014, 11:46:04 AM
I just realized that the case still being discussed after two years of development.
1748  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 20, 2014, 11:40:41 AM
*bearmasturbatory.gif*
1749  Bitcoin / Bitcoin Discussion / Re: Compared to Bitcoin, gold doesn't seem real... on: November 20, 2014, 11:37:58 AM
The rich and powerful usually resort to violence to achieve their ends.

Bill Gates and Warren Buffet were the two richest men in America last time I looked, and they're not street-fighters.
Neither has real power. Note the word "and."
1750  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 20, 2014, 11:34:52 AM
does ripple labs have a license for creating speculative vehicles to sell in the States?
1751  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 20, 2014, 11:25:13 AM
WOW, I guess we're going down then...

Just doesn't make a lot of sense to me

FWIW, probably just a retest of $350, before up up up

Probably not. Ripple is reaching a huge momentum. Enter now before it doubles over night. +40% this week and this is only the beginning.

Fuck off with your Ripple.
Take it to a ripple forum which probably has about 8 posters.

Just like bitcoin at the beginning Smiley I like your open minded approach Wink
Even Ripple Labs doesn't say stuff like that. Even if this is a speculation ploy, it's unworthy of a bitcointalk.org Donator.
1752  Bitcoin / Bitcoin Discussion / Re: Compared to Bitcoin, gold doesn't seem real... on: November 20, 2014, 11:12:44 AM

I disagree on both points for the same reason. Bitcoin doesn't rely on only simple keys. I'm sorry you don't understand. Try reading up on Bitcoin's features instead of repeating the same misunderstanding.

What misunderstanding is that?That you can't torture someone to reveal their private key. The're no misunderstanding here.That statement is just not true.What you should have said that there are ways to make it harder(or even impossible) for some one to gain access to your bitcoin through implement of torture and coercion( which existed for other assets such as cash or gold long before bitcoin's existence).


FYI, using quotes means the statement is a quote and probably shouldn't be taken literally.

Perhaps it would be better to construct your statement (or give a thought or two about them ) before typing them.


You keep saying things are not new, but I never claimed they were.
Good .so you accept that those "anti-torture"security feature aren't unique to bitcoin
 
Saying that being a scumbag is a way to earn anything won't help your case with anyone.

What case is that?I believe everyone here agree that people who swindle others for self gain are scumbags.Hell. we'll applaud when these bastards got their just desserts.
Stating the truth doesn't mean I condone their act.Calling them scumbags  should tip you of to this .Are you implying that I should mince my words when addressing those dregs?

You fail to make a point.In fact you haven't even made a relevant point let alone refuted mine.

During the course of our interaction I've refuted your half baked ideas that:

1)Gold is easier  to destroy than bitcoin

2)bitcoin is immune to torture.

3)You need to be honest/emphatic to earn bitcoin.


You seems to have trouble understanding my arguments.I suggest rereading them before spewing any other poorly structured counterpoint(or inserting derail attempts)and rethink/recheck your statements before posting them, lest you want to spread misinformation(I'm sure you don't meant to) about bitcoin.
Again you are ignoring my arguments. I've perused your post history and find nothing worthwhile in contributions. I don't consider you a troll but your changing goalposts are annoying. Still I will entertain your focus on minutiae and side tracking from my phone.

1)Gold is easier  to destroy than bitcoin
I don't mean destroy in the sense of converting to pure energy. I mean rendered useless. Dump your aqua regarding into the Mariannes Trench. Gone.
Burn my bitcoin paper wallet. I have a thousand backups. Not gone.
2)bitcoin is immune to torture.
I don't have nor control my bitcoins and nobody else knowingly does either because encryption and SSS. Banks can't do that because it's not legal for banks to do with other people's money. If you torture me I will give you a decoy or two but know that you will kill me anyway so you can just suck it. If you claim mind reading powers then I won't believe you.

3)You need to be honest/emphatic to earn bitcoin.
Yeah that's a big one. I am too smart to be scammed by you (hypothetically ). If you want my money you need to kiss my ass and tell me I look fit. If you are a scumbag then you will deal with my scumbag associates.
1753  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 20, 2014, 08:44:52 AM
WOW, I guess we're going down then...

Just doesn't make a lot of sense to me

FWIW, probably just a retest of $350, before up up up

Probably not. Ripple is reaching a huge momentum. Enter now before it doubles over night. +40% this week and this is only the beginning.
Ripple is just a token like hashcash. There is no value at all and it's easily cloned if it had any other utility. Promoting XRP as speculative should be investigated by financial authorities.
1754  Bitcoin / Bitcoin Discussion / Re: Compared to Bitcoin, gold doesn't seem real... on: November 20, 2014, 08:30:53 AM

I answered both. There's the rub. I'm saying Bitcoin *can* be immune to all known forms of torture. The tools are there, people just need to learn how to use them. Of course there will always be the option of nLockTime transactions that secure them so even having the keys won't unlock them until a specific time. The adversary would just have to wait. It will probably be a good idea for everyone to do this at some point. I'm also saying that bitcoins can't be stolen if properly secured. You're reading too much into honesty and empathy retort. Bitcoin will make fraud much less possible. "Fences make good neighbors."


Your rub fail.This is why combining  two completely incongruous  argument chains  is considered bad form of debating .


1)Bitcoin is as immune to torture as  any other forms of value storing method.It doesn't matter if it's vault key, stronghold access, bank pin number of bitcoin private.Your method of stopping them from gaining access to your wealth is also applicable to my other examples.There is nothing unique to bitcoin in this regard.Protecting your asset at the cost life isn't a new concept.


2)You not need to honest or emphatic to earn bitcoin. Scumbags will be scumbags.They'll migrate wherever there's gain to be made.The thing that will protect your bitcoin is the exact same thing that protects your other assets:due diligence.After all fences do pre-date bitcoin.



I disagree on both points for the same reason. Bitcoin doesn't rely on only simple keys. I'm sorry you don't understand. Try reading up on Bitcoin's features instead of repeating the same misunderstanding. FYI, using quotes means the statement is a quote and probably shouldn't be taken literally.
You keep saying things are not new, but I never claimed they were. You fail to make a point. Saying that being a scumbag is a way to earn anything won't help your case with anyone. In fact you haven't even made a relevant point let alone refuted mine.
1755  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: November 20, 2014, 07:42:24 AM
I'm surprised and disappointed that so many people on this thread (not to mention Gavin) are telling we who value decentralization to stick it up our asses.
I'm surprised and disappointed that so many techno-commies are involved with Bitcoin, to the point at which they can see problems that are an obvious result of a a lack of a price discovery mechanism and conclude that Bitcoin needs more central planning rather than more price discovery.
How do you make a price discovery mechanism?
https://bitcointalk.org/index.php?topic=832349.msg9321024#msg9321024

Oh, I forgot we already had that conversation.
Ok thanks, I missed that. I will think of micropayment channels when you mention price discovery mechanisms. So how do you build a micropayment channel?
1756  Bitcoin / Bitcoin Discussion / Re: Compared to Bitcoin, gold doesn't seem real... on: November 20, 2014, 07:38:53 AM
Ironically,some drug cartel do indeed gave candies to children in their area of power on some occasions.They use the carrot and stick method to maintain control, everybody knows that.Or  do you mean how they pay for it?By any means available to them :money, goods, favours,coercion etc .They would readily use bitcoin like any other asset that they have access to .

This deserves its own reply. Some drug cartels employ people, build schools and road, etc. BECAUSE LAW ENFORCEMENT IS TOO AFRAID OR UNABLE TO STOP THEM!!! They are then able to win the peasants over through greed and the threat of violence.

If drug cartels were forced to use bitcoin, well first of all, they tend to be pretty stupid thugs. They would be easy pickings for cybercrime enforcement to lockdown in most cases. I can't even.
1757  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: November 20, 2014, 07:15:17 AM
I'm surprised and disappointed that so many people on this thread (not to mention Gavin) are telling we who value decentralization to stick it up our asses.
I'm surprised and disappointed that so many techno-commies are involved with Bitcoin, to the point at which they can see problems that are an obvious result of a a lack of a price discovery mechanism and conclude that Bitcoin needs more central planning rather than more price discovery.
How do you make a price discovery mechanism?
1758  Bitcoin / Bitcoin Discussion / Re: Compared to Bitcoin, gold doesn't seem real... on: November 20, 2014, 07:11:27 AM
Are we still talking about how bitcoin isn't really more immune to torture and coercion than other value retainers or are you replying to my rebuttal of the the " could only be earned through honesty and empathy" thing.
I answered both. There's the rub. I'm saying Bitcoin *can* be immune to all known forms of torture. The tools are there, people just need to learn how to use them. Of course there will always be the option of nLockTime transactions that secure them so even having the keys won't unlock them until a specific time. The adversary would just have to wait. It will probably be a good idea for everyone to do this at some point. I'm also saying that bitcoins can't be stolen if properly secured. You're reading too much into honesty and empathy retort. Bitcoin will make fraud much less possible. "Fences make good neighbors."
1759  Bitcoin / Bitcoin Discussion / Re: Amsterdam to become 'bitcoin capital of the world'. on: November 20, 2014, 06:54:20 AM
Yeah, Baby! Yeah!
1760  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 20, 2014, 06:33:48 AM
XRP +30% in one week.  0.0045 to 0.006 . Heading to 1cents. Get onboard or watch train pass.
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