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181  Economy / Speculation / Re: Do you really believe that Bitcoin will hit 1,000,000 on: August 10, 2014, 02:30:41 PM
Lets assume that BTC doesn't gain in "value". Only rises because of inflation.

Today 580

Year XXXX = 1,000,000

Inflation = 4%

580*1,04^x = 1,000,000
1,04^x=1724
x= ~190 years

So in 190 years we will see a price of 1,000,000 USD even if BTC doesn't gain in purchasing power Wink
182  Economy / Lending / Re: Want to Loan 0.03 btc on: August 10, 2014, 02:32:31 AM
You have no feedback and it appears you have conducted no trades here.

do you have any collateral? if not, then why did you think people would loan to you?

Sorry I don't have collateral. I saw someone giving loans without collateral. There is no reason for me to scam because I would lose more. I really don't think that someone would loan me. I'm just hoping.

I can loan you, if you are willing to give your bitcointalk account as collateral.
183  Economy / Service Discussion / Re: bitcoin-trader.biz on: August 10, 2014, 02:31:43 AM
my own brother was involved in a Ponzi

He invested $10 with Madoff?

he "invested" in Telexfree, biggest pyramid sceme in Brazilian history

From the bitterness you display I can only assume more was "invested" than could afford to be lost, if not then with all due respect so what. And if so, erm don't invest more than you can afford to lose. Pretty simple game tbh. Smiley

bitternes? lol

read more: https://bitcointalk.org/index.php?topic=393570.msg8124408#msg8124408

I read it before and thought your brother sounded like an idiot then in all honesty. Maybe he should look at it as an education, after all they cost money too.

Don't you feel back promoting something that is most likely a ponzi?

I think you should!

All are innocent until proven guilty. Do your own due diligence.

It is pretty obvious in this case.

It is like a guy with an axe in the hand, covered in blood comes out of a house where a dead body with axe marks lies. Still innocent? Sure there might be a 0.0001% chance he is, but come on...
184  Economy / Invites & Accounts / Re: [WTS] [VERIFIED] Assload of netflix accounts on: August 10, 2014, 02:30:13 AM
What did you guys expect? He sold something that Netflix would never allow, so yeah... obvious.
185  Economy / Lending / Re: Want to Loan 0.03 btc on: August 10, 2014, 02:21:52 AM
You want to *lend

To loan = That you want to give someone 0.03!

No, he wants to *borrow

To lend = give someone 0.03

Haha, true story.

I suck at english apparently!
186  Other / Off-topic / Re: What would you do if you received 20 bitcoins? on: August 10, 2014, 02:20:36 AM
I would send the coins back if I found out someone sent them there per accident.
187  Economy / Economics / Re: Mining USD? on: August 10, 2014, 02:17:53 AM
Would anyone be interested on mining USD, if it was possible, @ $0.01  per block (scrypt)?

Its easier for the federal bank to print them, 100million a minute...

And if the difficulty gets too high, they can just change the blockreward Cheesy

1000 USD notes will come back :p
188  Other / Off-topic / Re: karma on: August 10, 2014, 02:15:57 AM
Actually, karma is not real. What we call karma is really a God Who is so absolutely great, that He can react with each of us individually all the time, and all of us at the same time, including knowing EVERYTHING in the whole universe, and holding it all in place.

Smiley

So you are saying one madeup concept is not true by claiming another one made up concept is?
189  Economy / Lending / Re: Want to Loan 0.03 btc on: August 10, 2014, 02:14:48 AM
You want to *lend

To loan = That you want to give someone 0.03!
190  Economy / Speculation / Re: oh no another fake pump. on: August 10, 2014, 02:14:13 AM
Price has been stable at 580. Hard to see it go below 500 with more merchants accepting bitcoin.

I don't see us falling under $500 anytime in the near future. I think we will be above $600 again soon. There are a lot of people here, however, that argue that prices actually go down as more merchants accept BTC

btc-e and bitstamp now have almost the same price, meaning it won't hold longer. I guess we will see bitstamp around 620 and btc-e around 600, after the stabilization, since I can't see the price going down.

Why does a similar price on btc-e and bitstamp mean anything?

BTC-e normally has prices $5 to $10 below Bitstamp. Thus, it shows the exchange valuations are a bit out of whack. It essentially means that either Bitstamp is $5 to $10 underpriced or BTC-e is $5 to $10 overpriced.

Exactly. But how can jaberwock know that this equilibrium means that prices will rise, instead of fall?

He was just saying that it was an imbalance and it was unstable. Then, from there, he was saying he thought it would rise based on general sentiment... he just felt like we had hit a trough and that the bears might be tiring. I don't agree, but it's not unreasonable.

Alright, thank you for explaining!
191  Economy / Service Discussion / Re: bitcoin-trader.biz on: August 10, 2014, 02:11:33 AM
my own brother was involved in a Ponzi

He invested $10 with Madoff?

he "invested" in Telexfree, biggest pyramid sceme in Brazilian history

From the bitterness you display I can only assume more was "invested" than could afford to be lost, if not then with all due respect so what. And if so, erm don't invest more than you can afford to lose. Pretty simple game tbh. Smiley

bitternes? lol

read more: https://bitcointalk.org/index.php?topic=393570.msg8124408#msg8124408

I read it before and thought your brother sounded like an idiot then in all honesty. Maybe he should look at it as an education, after all they cost money too.

Don't you feel back promoting something that is most likely a ponzi?

I think you should!
192  Economy / Speculation / Re: oh no another fake pump. on: August 10, 2014, 02:10:47 AM
Price has been stable at 580. Hard to see it go below 500 with more merchants accepting bitcoin.

I don't see us falling under $500 anytime in the near future. I think we will be above $600 again soon. There are a lot of people here, however, that argue that prices actually go down as more merchants accept BTC

btc-e and bitstamp now have almost the same price, meaning it won't hold longer. I guess we will see bitstamp around 620 and btc-e around 600, after the stabilization, since I can't see the price going down.

Why does a similar price on btc-e and bitstamp mean anything?

BTC-e normally has prices $5 to $10 below Bitstamp. Thus, it shows the exchange valuations are a bit out of whack. It essentially means that either Bitstamp is $5 to $10 underpriced or BTC-e is $5 to $10 overpriced.

Exactly. But how can jaberwock know that this equilibrium means that prices will rise, instead of fall?
193  Economy / Services / Re: who can help my friend, whose coins are stolen by hacker,1 BTC bounty on: August 10, 2014, 02:07:57 AM
His computer was most likely infected with malware. If he is still using his PC, tell him to wipe everything and install a fresh OS!
194  Other / Beginners & Help / Re: Which Block Explorer do you use ? on: August 10, 2014, 02:06:09 AM
blockchain.info does go down some times but not very often its pretty reliable and the uptime must be near 99%.

Yes, also it is possibly the best linked node there is. There are times when it has >900 connections!
195  Other / Off-topic / Re: I just donated to Wikipedia. Using Bitcoin. on: August 10, 2014, 02:05:06 AM
Yeah it was an extremely big headline on /r/bitcoin

Lets hope that people will keep donating, so that wikipedia don't kill that option, because the demand is so low.
196  Bitcoin / Bitcoin Discussion / Re: Why Anonymity so important to you? on: August 10, 2014, 02:03:40 AM
Because people don't want every aspect of their lives open for everyone to see.
197  Economy / Speculation / Re: oh no another fake pump. on: August 10, 2014, 02:02:34 AM
Price has been stable at 580. Hard to see it go below 500 with more merchants accepting bitcoin.

I don't see us falling under $500 anytime in the near future. I think we will be above $600 again soon. There are a lot of people here, however, that argue that prices actually go down as more merchants accept BTC

btc-e and bitstamp now have almost the same price, meaning it won't hold longer. I guess we will see bitstamp around 620 and btc-e around 600, after the stabilization, since I can't see the price going down.

Why does a similar price on btc-e and bitstamp mean anything?
198  Economy / Economics / Re: Mining USD? on: August 10, 2014, 01:54:55 AM
Why would anyone hold a currency, that is GUARANTEED to depreciate in value. And there is nothing you can do about it, as long as you hold it!

I'd mine the shit out of it then dump it into BTC.
199  Economy / Services / Re: [DiceBitco.in] [Make the most out of your sig!] Make coins by simply posting! on: August 06, 2014, 08:20:33 PM

Username: ShakyhandsBTCer
Numner of Posts: 1167
Address: 1HM71pu7p6uHargpwXTKhcAgjUBd6jZR9e

Hope everything is fine!
200  Bitcoin / Bitcoin Discussion / Re: Ross Ulbricht: FBI Didn't Have Search Warrant, Violated Fourth Amendment on: August 05, 2014, 04:31:48 PM
IMO this case is too high profile for a judge to grant a dismissal. They are throwing the book at him to make an example so that others won't think about following in his footsteps

People started following in his footsteps within days.
Regardless of when/if people followed in his footsteps a judge cannot take this kind of issue into consideration. The only things the judge (and jury can take into consideration are the underlying facts of the case.
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