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17981  Other / Politics & Society / Re: The Worst Mistake in the History of the Human Race on: June 16, 2015, 07:05:05 PM
But for this worst mistake, the overwhelming majority of us wouldn't be here in the first place. As to whether that's a good thing or not...
17982  Economy / Speculation / Re: Stocks fall globally as Greek talks collapse on: June 16, 2015, 06:25:51 PM
Bitcoin surges as Grexit worries mount, posts best run in 18 months

"Bitcoin surged by as much as 7 percent on Tuesday and was on track for its longest winning streak in 18 months, as concerns that Greece could tumble out of the euro drove speculators and Greek depositors into the decentralized digital currency.

Prime Minister Alexis Tsipras lashed out at Greece's creditors on Tuesday as he defied a string of warnings that Europe is preparing for a "Grexit". The debt-stricken country faces 1.6 billion euros ($1.8 billion) in repayments to the International Monetary Fund by the end of June."

http://www.reuters.com/article/2015/06/16/us-eurozone-greece-bitcoin-idUSKBN0OW2DS20150616?feedType=RSS&feedName=technologyNews

Weird. I would've expected a headline like that from one of the crappier straw-grasping coin 'news' sites. Is there the slightest evidence of this anywhere?
17983  Bitcoin / Bitcoin Discussion / Re: Bitcoin Babe: "I could be a greased up fat man in his parents’ basement" on: June 16, 2015, 06:10:01 PM

That is precisely what geeks do.  Trust me, you are a full raging geek.  She isn't going to fuck you.  You'll have to suck your own dick.  Again.


He could be a raging sweet loving machine for all you or I know. I don't think geekiness or not has anything to do with one's success with the feminoids. Pure and simply you either got it or don't regardless of your lifestyle choices.
17984  Economy / Speculation / Re: Lift off!!!? on: June 16, 2015, 05:55:26 PM
I wouldnt expect gemini pump and dump right off the bat.

Why would they build their rep in the bitcoin space, then do that? it would be a shame, cause if they do then we can expect similar to the etf if it did pass.

Any pump or dump has very little to with them. It's the traders getting excited about it. The way Coinbase did it was pretty childish. I assume the Winkies will conduct themselves with a bit more class.
17985  Economy / Speculation / Re: Is this it?? Moon time? on: June 16, 2015, 05:16:12 PM
It's kind of funny that everyone bad mouths this abstract concept called 'the bears' when the bears have actually been right.
That would be why we don't like them.

For me at least it's not that. I just don't get why you can't be cheerful, respectful and bearish at the same time. Not too many seem to be able to pull that off.
17986  Economy / Speculation / Re: Is this it?? Moon time? on: June 16, 2015, 04:56:33 PM
Reminder that we are still well below 300. You all suck for getting so easily excited. Doubt we will go much beyond 250 today, if even that.

Bears start foaming at the mouth and posting their child porn with a $3 drop. After such a lengthy grind you can't blame people for a little excitement every now and then.
17987  Economy / Service Discussion / Re: OpenBazaar - decentralized eBay on: June 16, 2015, 01:54:25 PM
Humans seem to surrender a large chunk of their IQ when it comes to retail. It needs to be the dumbest and simplest crypto-related app of them all to really go places. Millions of eyes will glaze over at the first mention of escrows and standalone clients.

I'm sure it'll fill a great niche for those who are committed enough. Ebay or Amazon sure as shit won't be bricking themselves if it stays in its current form. I'm sure it'll inspire some interesting developments in the future.
17988  Other / Politics & Society / Re: The Doomsday Bunker For Billionaires on: June 16, 2015, 01:30:45 PM
Vivos Indiana is pretty goddamned tiny. 80 normalish people would probably end up battering each other to death pretty rapidly.

I'd be more inclined to take it on the chin and die horribly or hitch a lift in a passing nuclear sub.
17989  Bitcoin / Bitcoin Discussion / Re: Bitcoin Babe: "I could be a greased up fat man in his parents’ basement" on: June 16, 2015, 01:23:21 PM
I'm always surprised at this CoinTelegraph reporter: https://www.youtube.com/watch?v=z2BIokMkSzg

I've tried watching 5 times and still can't make out what she's saying. I think it has something to do with Bitcoin...

Watching that brings one word to mind - phonetic.

I'm sure she's charming and articulate in her native language. In this case I'm convinced she literally does not have the slightest idea of what she's talking about.
17990  Bitcoin / Bitcoin Discussion / Re: Would You Ever Take Out a Loan in Bitcoin? on: June 16, 2015, 01:18:40 PM

yeah, there is no doubt that there are still a lot of honest people everywhere. but the point is you can not tell, unless you personally know somebody.
just look at lending section of the forum. there are many newbie accounts that are asking for loans. who can tell if there is someone in the middle of them who is really honest and doesn't want to scam you.


When it comes to money you can't even trust your closest friends. I've been fucked over for the sake of a hundred dollars or less by people I've known for years. It does very strange things to people.

Once you throw in the internet, quasi anonymity and irreversible payments, I truly cannot see why anyone would ever issue a loan.
17991  Bitcoin / Bitcoin Discussion / Re: 5 Chinese mining pools propose 8MB block size on: June 16, 2015, 01:02:14 PM

i really doubt that, i mean the storage space will not grow so fast every time and it might be a problem in future, of course now 2 tb is not too much, but after a few years the situation might be the same


It's not storage that's the problem, it's bandwidth. You can always plug in more storage and it will always be cheap enough. Increasing bandwidth is out of the average person's hands and probably always will be. Around here you might get your local hardware updated every couple of decades.
17992  Bitcoin / Bitcoin Discussion / Re: Bitcoin Babe: "I could be a greased up fat man in his parents’ basement" on: June 16, 2015, 12:58:10 PM
Um, I'm supposed to be impressed that she's, like, a woman? I can walk out of the door right now and spot plenty of them.

And I've been using my beauty to attract attention to BTC since minute one. As soon as people gaze into my gorgeous, dewy eyes they open wallets, start mining and shout 'Bitcoin user not affected' whenever they can.

17993  Bitcoin / Bitcoin Discussion / Re: Would You Ever Take Out a Loan in Bitcoin? on: June 16, 2015, 01:58:28 AM
Hell no. Too risky and totally pointless unless there was something I could only buy with BTC and I HAD to have it.

I would be even less inclined if it was related to trading in any way.

It's yet to be seen whether it can be used in a more established way for loans. I kinda hope not.
17994  Other / Beginners & Help / Re: People that buy/sell bitcoin on: June 16, 2015, 01:52:54 AM
You wouldn't necessarily have to hold a lot of coins, just a small amount in escrow on the localbitcoins site ready for sales and fast access to more through an exchange or another seller.

You could sell 10 coins a day and if it's spaced out you'd never need to buy more than 1 at a time.

If you look at the buying section you can also see the same traders offering to buy coins through there for a lot less than they sell for.

If you're in the US it is a little bit of a grey area. They might try to nail you as a money transmitter.
17995  Bitcoin / Bitcoin Discussion / Re: mastercard attacking Bitcoin on: June 16, 2015, 12:55:29 AM

Ofcourse MC is only payment system, but they are defending their largest client - banks, and their fiat. Anyway it's somewhat hypocritical of them, because they have contracts with some
bitcoin payment processors regarding bitcoin MC debit cards, or do they want to pretend that they don't exist..

cheers

It wouldn't surprise me too much if certain bitcoin companies haven't actually told them the true nature of their business. Stranger things have happened.
17996  Other / Politics & Society / Re: Cops turn Download Festival into an ORWELLIAN SPY PARADISE on: June 15, 2015, 10:02:01 PM

Can someone clarify what is the "custody database" they are talking about?

Here in the US the way this would come down is they would claim they were just looking for the "10 most wanted" escaped felons, then in fact they would use it to arrest everyone that showed up that had an unpaid traffic ticket.

Color me cynical, maybe.  But is that the sort of abuse that is expected from this?

http://www.theguardian.com/commentisfree/2015/jun/12/download-festival-heavy-punters-the-man-police?CMP=Share_AndroidApp_Tweet

According to this the system is purely local for any outstanding warrants. I don't see why it wouldn't be linked elsewhere but that's what it claims.
17997  Other / Politics & Society / Re: Former Florida Gov. Jeb Bush enters 2016 race on: June 15, 2015, 09:55:16 PM
Bush or Clinton its gonna be interesting who runs next in the Bush family after Jeb.

When they run out of real Bushes it'll be people faintly linked to them through bum jobs. In 2032 the Bush family dog groomer will probably be running.
17998  Bitcoin / Bitcoin Discussion / Re: mastercard attacking Bitcoin on: June 15, 2015, 09:22:43 PM
I find this all somewhat strange, especially since there's been barely a peep out of Visa other than its old guard making positive noises.

They don't have to be anti it or even bother talking about it at all. Most people don't care.

If the time comes there's money to be made by them by integrating it or offering services on top of it, or it fades away and they carry on coining it. Everyone wins. 
17999  Economy / Speculation / Re: Stocks fall globally as Greek talks collapse on: June 15, 2015, 08:18:20 PM
When chinese stock market bubble burst I think the chinese will again go crazy for bitcoin.

I dont think so, the user base is still not there for btc to be useful day-to-day and make people feel safe buying it to hold for a while.  Gold and silver seem like the likely winners...

It has never nor is it ever likely to be 'useful' for Chinese people. I'm sure a fair few do use it to squeeze around capital controls where they can, but the government was awfully quick to squash any possibility of day to day utility.
18000  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 15, 2015, 08:11:00 PM
After 1.5 years of bearish crap.. i can only expect a dump after this slow rise..  Sad

One day, maybe tomorrow or in the far future, the Earth will shudder with the groans of dumps being shoved straight back up the arses they poured from.
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