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1781  Bitcoin / Bitcoin Discussion / Re: Is Taavet Hinrikus or resident FUDster? on: April 25, 2016, 03:31:32 PM
I don't think FUDsters here are necessarily paid shills by a company like that... I imagine most of them are just trolls that have nothing more exciting to do than announce that doomsday is approaching and most of them likely do it for free.

The sentences these people use are all very similar, the content is pretty much the same, there isn't much to add to their speech, so it will always be similar. It doesn't directly mean these are the same people, but I could be wrong Smiley

Yes, it may not be the same people, for the reasons you stated. It could also be that he is paying for the posting of stuff he writes. I doubt he spends all his time doing the posting.
At least it offers a logical reason for these posts. I assumed that the FUDster lost his shirt in a scam and his anger drives him to post. But perhaps he is just doing a job. Trying to put downward pressure on peoples perception of BTC and earning a few Satoshi each post?
1782  Economy / Economics / Re: Could Bitcoin be the New King of Currency? on: April 25, 2016, 03:23:46 PM
I think a crypto-coin backed by gold is a stupid idea. This scam has been tried many times as "paper gold". The problem is that you buy gold and get paper. Why the hell would I do such a stupid thing?

If I'm spending the money to get a gold backed coin then I want an actual gold coin. I want to know "where is the gold, who has it, how can redeem my coins?" What if the business says "well, I think we'll just keep the gold". It's a ridiculous deal. And for what? So your private keys are backed by shinny rocks? What is gold backed by?
1783  Bitcoin / Press / Re: [2016-04-25] Bitstamp granted license, is now regulated and licensed exchange on: April 25, 2016, 03:14:58 PM
This is actually a big deal. Bitcoin has come out of the shadows this year.
1784  Other / Meta / Re: Delete my account or ban me on: April 25, 2016, 03:12:48 PM
I put you on ignore. If it makes you feel better you are now banned from me.  Cheesy
1785  Bitcoin / Bitcoin Discussion / Re: Where do Exchanges get BitCoins ? on: April 25, 2016, 03:10:17 PM
Most exchanges just connect people who have coins for sale with buyers. They facilitate the trade and may not require many coins themselves.
1786  Bitcoin / Bitcoin Discussion / Is Taavet Hinrikus our resident FUDster? on: April 25, 2016, 02:57:26 PM
Just before climbing up to $460 in the last week bitcoin was again declared dead. Whatever, that happens every day.  Roll Eyes
Another almost daily occurrence is the creation of several threads by brand new accounts warning us of the immanent collapse of bitcoin. They are generally a few sentences long and never provide any supporting evidence. They typically look like this:

Quote
“Bitcoin, I think we can say, is dead. There is no traction, no one is using bitcoin. The bitcoin experiment, I think we can say, is over.”

Except that example was not from these forums. It is a quote from Taavet Hinrikus, CEO of TransferWise. TransferWise is a payments app, the kind of dinosaur that is not going to survive the cryptocurrency revolution. It makes sense that he would deride bitcoin, but the words he uses are strikingly similar to our local FUDster.

Could be nothing, but did anyone else notice this?
1787  Other / Beginners & Help / Re: Alienware for bitcoin mining on: April 25, 2016, 02:36:35 PM
You will just burn up a nice laptop and almost certainly never find a block. You would have much better odds buying lotto tickets, although you still are extremely unlikely to profit.
1788  Bitcoin / Bitcoin Discussion / Re: Number of individual people using Bitcoin on: April 22, 2016, 04:27:01 PM
I wonder also. I haven't seen anything recently about the number of users. Or anything that was done in a scientific way. As a question its quite problematic. You can count wallets, nodes, Tx, block volume, tweets, online searches, etc. But all will end in a statistical guess because all the data are just corollary.

I think it's agreed that bitcoin continues to still grow. But.. Huh

EDIT: Perhaps the network hash rate is a better measure than users? It is a at least a number and not an opinion or interpretation. And if bitcoin is just a protocol then this measure of it's strength must mean something. You can see it graphed in the link below, which also has other relate graphs. 

http://bitcoin.sipa.be/
1789  Bitcoin / Bitcoin Discussion / Re: At no time does Valve receive or hold bitcoin, pay us in traditional currency on: April 22, 2016, 04:15:22 PM
The money I see is in payment processing.  Wink
Hmm. They better pass on some of the savings to the customer.
I would guess they are paying 1% on outsourced processing. That is 2% less than they likely pay for outsourcing payment of a credit card and they should, at least, split that with the customer. I have come to expect a bargain with bitcoin because I am sweetening the deal for the seller also. They are getting an irreversible payment within the hour, and saving 3%. Of course I pay the bitcoin fee, but that is a low and fair fee that goes to strengthen my money.
1790  Economy / Lending / Re: Loan me BTC , I pay 150% interest in 2 days! on: April 19, 2016, 05:58:48 PM
... I can make 200% profit in only 2 days, but I only have 0.01BTC now ...

Then you are in luck!
By Thursday you will have .04 BTC
At 100% profit per day you will have .16 by Saturday and .64 by Monday.
Then things really take off! 1.28 Tuesday and 2.56 Wednesday.
You don't need our money, your system is more than enough. 
1791  Bitcoin / Bitcoin Discussion / Re: A warning to Bitcoin users believing this will take over payment systems on: April 19, 2016, 03:28:40 PM
There is no question that bitcoin is faster, safer, and cheaper than a credit card. I got rid of ALL my credit cards when I switched to BTC. If you are an online business and want my money then you are going to have accept bitcoin.
1792  Economy / Trading Discussion / Re: want to buy bitcoin in just for 1second with debit/credit card. on: April 19, 2016, 03:23:26 PM
Again, I just can't see a business model that sells bitcoins for I.O.Us. Which is what a credit card Tx is.
1793  Bitcoin / Bitcoin Technical Support / Re: Can I sent an Unconfirmed bitcoin on: April 18, 2016, 06:09:03 PM
If it's not confirmed yet then you don't have the bitcoin and can not transfer it.

But the amount is already showing on my dashboard does that mean it's not yet my money and cannot send it ..
I guess I should start with what wallet you are using. "Dashboard" sounds like you are using an online wallet? In that case it is a little harder to answer because such a system may be layered over the bitcoin protocol and could have other internal rules. In the protocol you must wait for confirmation because until your transaction is included in a block it is not recognized. Websites may have aditional requirements or wait times. Which wallet are you using?
1794  Bitcoin / Bitcoin Technical Support / Re: Can I sent an Unconfirmed bitcoin on: April 18, 2016, 05:58:30 PM
If it's not confirmed yet then you don't have the bitcoin and can not transfer it.
1795  Bitcoin / Bitcoin Discussion / Re: Gavin Andresen's AMA on 8btc 21th April on: April 18, 2016, 05:56:41 PM
That guy is a joke!!!!Attentention whore and big manipulator and schemer!!The way he speaks, behaves and laughs on stage is so fake!!
I'm waiting for his whiny rage quit to be honest!
That's all you need to know!

Something you need to know is Gavin. I doubt you have ever met him or have any inkling about coding. So how would you know?
1796  Bitcoin / Bitcoin Discussion / Re: Advertising Bitcoin : responsibility of the community on: April 18, 2016, 05:38:28 PM
I'll second your motion.
Bitcoin has no center and no coordinated projects. It really is spreading by grass roots / word of mouth efforts from users. There is a lot you can do including:
Basic:
1. Take a moment to explain it to a newbie.
2. Demand the option to pay with at local businesses and show them the advantages of accepting bitcoin.

Advanced:
3. Print up paper wallets with a little coin and give them away. The paper wallet can include information about bitcoin, links, propaganda, etc.
4. Host a training for businesses that wish to start taking bitcoin.

Crazy:
5. Meet with people to lobby governments and financial institutions. Teach them how to make good bitcoin policy.

I have done all these and will continue to do so.  My current project is to persuade the government of Iceland. I will be meeting with the pirate party later this year in Reykjavik. I started with printing paper wallets with a bitcoin button pinned on. All paid for in bitcoin of course.  

1797  Economy / Service Discussion / Re: Game over! China double spent bitcoin! on: April 18, 2016, 05:02:12 PM
That is not a double spend. its just the betting site fucking up.
He knows all that. This guy foolishly lost all his bitcoin and now posts crap like this all day from his Mom's basement. I have never seen anyone wish so hard for something that is just not gona happen. lol
1798  Bitcoin / Bitcoin Discussion / Re: When Bitcoin will come in his currency NOTE?? on: April 18, 2016, 04:52:14 PM
The problem I see is that while the bitcoin network can mathematically protect virtual coins, a paper note is easy to counterfeit. There is really no way around this that I know of.

The structure of bitcoin is entirely different from the currency note and it will not be possible to print notes as there is no
physical value of this.

There have been many attempts to create physical bitcoins. Most (like the one below) hide the private key inside under a tamper proof seal. If you ever wanted to you could destroy the paper bill and use the private key to transfer the bitcoin to another account. So they are backed by real bitcoin, but they require trust. How do I know the private key is really in there? How would I know if someone used an Xray machine to see the key inside? Or maybe the issuer of the bill kept a copy of all the private keys when he made the bills?

Square peg, meet round hole.  Cheesy

1799  Economy / Goods / Re: Question: Selling cars on: April 18, 2016, 04:42:17 PM
For a private sale I would just mention taking bitcoins in the description somewhere. I see that on sites all the time. For example Gunbroker does not mention bitcoin but if you search for it you find people who do take it. You could do the same in a craigslist add or even a printed newspaper add.
EXAMPLE: http://www.gunbroker.com/All/BI.aspx?Keywords=bitcoin&SearchType=1

You will also see a lot of places selling cars for bitcoin. Some dealerships take it. Or go to Overstock, which can get almost any car in bitcoin. Note that you may find bitcoiners expect a deal. Overstock shaves 3% off the price if you pay in bitcoin. Overstock is currently redesigning the site, but they have "millions" of cars to shop for.

EXAMPLE: http://cars.overstock.com/
1800  Bitcoin / Bitcoin Discussion / Re: When Bitcoin will come in his currency NOTE?? on: April 18, 2016, 04:25:56 PM
The problem I see is that while the bitcoin network can mathematically protect virtual coins, a paper note is easy to counterfeit. There is really no way around this that I know of.
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