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1781  Bitcoin / Bitcoin Discussion / Re: The greener side : Bitcoin being used to heat buildings on: November 16, 2014, 10:16:46 AM
Unfortunately, it doesn't work like that because of the economics. If money is saved by using the waste heat then the savings will be spent on more mining.

At least it is better than the heat not being used. A small plus for the environment.
1782  Bitcoin / Bitcoin Discussion / Re: Don't invest more than you can afford to lose on: November 16, 2014, 10:12:52 AM
I can't afford to lose what I'm invested in, I doubt anyone here can or else people would just invest $10 every month.

This is a calculated risk, I think the benefit outpaces the risks and costs of investing in bitcoin.

Calculated risks are okay.
I don't think investing the proceeds from selling your house, or investing your college money in Bitcoin is a wise idea.
1783  Bitcoin / Bitcoin Discussion / Re: Rejoice! Bitcoin IS Bitcoin 2.0 ... on: November 16, 2014, 10:07:38 AM
Bitcoin Will Be Able To Do Anything That Ethereum Ever Could

That is a good quote!!
1784  Bitcoin / Bitcoin Discussion / Re: Bitcoin Black Friday 2014 is on November 28th. Giveaway info and update thread! on: November 16, 2014, 10:05:42 AM
Looking forward to participating in this.
Same here! Let's hope there are some more European based companies involved as well Grin

I think next year we'll actually be able to segregate by country/continent.

Will be waiting for that to happen next year. Smiley
1785  Bitcoin / Bitcoin Discussion / Re: A brief guide to preparation for businesses considering Bitcoin integration on: November 16, 2014, 10:02:11 AM
I find that it's hard to recall the steps that lead to Bitcoin knowledge and it's easy to overlook stuff.

Oh, I recall the steps, just not sure they'll want to replicate the full bootcamp experience, vis, wrestling with a flaky GPU for a week trying to get it hashing, camping a month in the BFL trollbox, getting minorly scammed a couple of times...


Hahahahaha that made me laugh.  I think the full Bitcoin Bible would be pretty fuckin' thick.

You already have Bitcoin museums. You will soon have an encyclopaedia on Bitcoin.
1786  Bitcoin / Bitcoin Discussion / Re: United we stand, divided we fall - the coming rise of cryptofiat on: November 15, 2014, 02:47:36 AM
I dont get why gov would like to create own cryptocurrency. I mean if we agree cryptocurrency = decentralized currency with public ledger nobody is granted to control.

I guess governments don't agree with that definition. They just agree with the public ledger bit.
1787  Bitcoin / Bitcoin Discussion / Re: Don't invest more than you can afford to lose on: November 15, 2014, 02:44:26 AM
The only real risk of investing into BTC is that you might not be smart enough to secure your coin and end up losing it..

Price wise, it's obvious we're only going up. BTC is the best investment you can possibly make right now. Better than any stock I've ever heard of.

As long as you can afford to wait a few years, your investment is going to do good.
1788  Bitcoin / Bitcoin Discussion / Re: How did bitcoin obtain it's value? on: November 15, 2014, 02:43:29 AM
Power bills, difficulty rate, mining rigs cost etc

I mean the permissions to be able to transfer that bitcoin value into USD - Doesn't the governments have to allow that bitcoin value to be allowed to transfer into there currency? Does this mean there is significant government involvement in bitcoin since they allow it to be traded into the nations currency?

I guess any asset could be transferred into USD. That doesn't require the government's permission.
1789  Bitcoin / Bitcoin Discussion / Re: Great news from France on: November 15, 2014, 02:41:41 AM
Hopefully, my bitcoin holdings are sufficient for a holiday in France in the next 2 years. Smiley
1790  Bitcoin / Bitcoin Discussion / Re: Bitcoin on Brink of Institutional Investment on: November 13, 2014, 12:49:10 AM
Institutional investors may already be grinding it out - buying slowly from the exchanges so that price doesn't shoot up, cutting deals with the miners, etc.
1791  Economy / Economics / Re: Who's brave/stupid enough to invest their life savings into fiat scrip? on: November 13, 2014, 12:48:12 AM

Well, well. The worthless fiat currency seems to have become valuable at some time after all.  Grin
1792  Bitcoin / Bitcoin Discussion / Re: Whistleblower: Fed “Highly Alarmed” About Bitcoin Conquering Dollar System on: November 13, 2014, 12:46:32 AM
The top Fed officials are too sure of themselves and won't see the power of Bitcoin until it hits them.
Obviously, the article cannot be relied on.
1793  Bitcoin / Bitcoin Discussion / Re: A Social Network For Crypto Land on: November 13, 2014, 12:44:05 AM
Bitcointalk.org has replaced all my social networks.  Grin

It's a great place indeed : ) tons of info. tons of sarcasm. lots of banter. what more could we ask for?

Plus you don't need to reveal your offline identity. Who needs more?
1794  Bitcoin / Bitcoin Discussion / Re: Man Stores Bitcoin on Chip Embedded Under His Skin on: November 13, 2014, 12:42:55 AM
He'll be the first person to die from crypto cancer. His ashes will be kept in a sealed BFL Jalapeño miner (at least that would make a Jalapeño useful).

I guess it's innovative though. Where on the body does it get installed?

In his wife's nipple. When he needs cash he can just suck it out.

He may lose his wife and his money at the same time.  Cheesy
1795  Bitcoin / Bitcoin Discussion / Re: Will change legal name to Bitcoin on: November 12, 2014, 01:02:38 AM
200BTC I would do it for less.

It should be a dutch auction. People should start quoting lower bids.

100btc when the price hits $1000 each Wink

If I put in a bid, my parents would probably pay me more to retain my name.  Grin
1796  Bitcoin / Bitcoin Discussion / Re: SilkRoad 2 Taken down by Feds on: November 12, 2014, 01:00:54 AM
why in the world would anyone risk selling / buying on these markets right now. Its like robbing a stapler from a police department. Your asking for trouble

if you're buying drugs in small quantities, i'd think that the feds aren't all that interested in spending the money to lock you down.. plus it's safer than buying on the streets.

it's quite risky to sell though.

The problem is that they could decide to make an example out of a few people. And you could be one of those unfortunate few.
1797  Bitcoin / Bitcoin Discussion / Re: Decentralized Security on: November 12, 2014, 12:59:22 AM
Bitcoin - Be your own bank!
That tells a lot about whom you can trust for security.  Smiley
1798  Bitcoin / Bitcoin Discussion / Re: Shall we make this a thing guys? a "Bitillionaire' on: November 11, 2014, 12:23:58 AM
How many Bitillionaires are there currently?  Grin
1799  Bitcoin / Bitcoin Discussion / Re: A Social Network For Crypto Land on: November 11, 2014, 12:22:54 AM
Bitcointalk.org has replaced all my social networks.  Grin
1800  Bitcoin / Bitcoin Discussion / Re: "Blockchain technology will pervade, but not bitcoin." on: November 11, 2014, 12:22:20 AM
With the help of this great Bitcoin community, our bitcoin will stand against all odds. F**K Blockchain, Bitcoin rules.

What do you mean by fuck blockchain? Bitcoin can't exist without the blockchain.

I guess he meant other blockchains.
If not he is missing the point - blockchain can't be separated from bitcoin.
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