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1801  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 05, 2014, 08:12:06 PM
Clearly 1a starting from nov.
1802  Bitcoin / Legal / Re: Is the IRS ruling final? Where is the legal / technical analysis? on: April 05, 2014, 08:04:18 PM
Legal tender is not what you think.
Legal tender means that everyone is forced by law to accept it.
it is bad law. It is used for junk currencies and should not be needed for bitcoin.

All you need is for one federal judge to overrule this "opinion" and a legal precedent will be set that others will look toward for guidance.  They can make anything a rule.  But a good legal argument will turn that rule into a useless unenforceable document. Problem is, getting a solid enough legal argument.  Property definition is a beginning.  At least they recognize the existence.  Now, the burden is shifted into making Bitcoin a legal tender.  This is the conundrum (and raising the bar from property considerably).  This is a hell of a start if you ask my slightly informed opinion.
1803  Economy / Trading Discussion / Re: Better trading information on: April 05, 2014, 06:59:39 PM
Consuming trading signals requires trust (quality + no front running) it has to be run by an entity with a lot to lose.
1804  Bitcoin / Meetups / Re: announcement: the international "when-bitcoin-reaches 1000,- $ party" on: April 05, 2014, 03:48:59 PM
Not good...

http://m.bbc.com/news/uk-scotland-glasgow-west-26904225
1805  Other / Politics & Society / Re: Study: Everyone hates environmentalists and feminists on: April 05, 2014, 01:45:54 PM
Maybe they see it as payback for witch trials?
1806  Economy / Trading Discussion / Re: Better trading information on: April 05, 2014, 01:40:32 PM
Is this market research for Blockchain.info's new bitcoin bloomberg-like terminal?
I don't think they will take dollars, just crypto.
1807  Bitcoin / Legal / Re: Bitcoin is "NOT" Legal Tender According to the IRS on: April 05, 2014, 01:30:26 PM
I doubt the US will ever recognise it as legal tender, but it's not going to stop them from trying to take their cut.

Legal tender law means that other people are forced to accept it.
Such laws are made for worthless unbacked paper currencies, that you would otherwise not want, but are forced by law to take.
If legal tender law were to apply to bitcoin, that would be an epic fail for bitcoin.  It should never need force to pay, it should be taken eagerly by those that understand it.

1808  Bitcoin / Legal / Re: If you play WoW, Eve or any other game with currency you now owe taxes!!! on: April 05, 2014, 01:25:24 PM
Kill a dragon in Azeroth and don't report it to the IRS?
Go to jail.
1809  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 05, 2014, 01:22:10 PM


The hope it goes down for you is so strong, that the line curves back in time.
1810  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCP] Counterparty Protocol, Client and Coin (built on Bitcoin) - Official on: April 05, 2014, 10:01:21 AM
If I want to send XCP from my blockchain.info PoB account to my real BTC address, do I need to download the private key from blockchain.info and run counterpartyd?  Is there any other way?

no other way until web-wallet launch

as soon as these web wallets are done (both for xcp and mastercoin), i want to go and start setting up satoshis square events for large cities

who wants to help me?  i can cover europe, need people world wide, and da moon of course

no pay for this, this is to teach people how to do p2p commerce so they can teach others.

no one?

sad...

skyping while doing europe square so the rest of the map can see how it goes

There are regular Satoshi Squares in Los Angeles.
Lots of Mastercoiners in LA already, so I could step up for this if there's not someone more eager.
1811  Economy / Collectibles / Re: A new 2-sided Bitcoin Keychain on: April 04, 2014, 03:18:43 PM
Le Bump.

BTW, sorry the custom products are taking so long to launch, just too many things to do in life… and in cryptocurrency-land.

I'm looking to take delivery of a CNC next week.  Hopefully we can make some interesting new gizmos and widgets.
1812  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 04, 2014, 03:12:36 PM

Yes Sir!

Btw...are you really John Gresham's lawyer?

LOL!

http://en.wikipedia.org/wiki/Gresham's_law
1813  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 04, 2014, 02:58:55 PM
Quote
Hey Adam and boys,
whats happening in BTCland?

Saw Gox bit the bullet but didn't expect to see this much carnage.
Someone give me a quick update.
China has been banning Bitcoin for the last four months. Current deadline is 15th April.

Also, every long-term technical indicator is going down: daily 200 sma, weekly 21 ema...

Fundamental indicators? number of transactions has turned south for the first time since December.

The only things holding us are the $400 double (december and february) bottom, that there is not much selling from BIT, and the fact that volume is high though inconspicuous due to exchange market fragmentation.

And eBay now has a category for "virtual currency".

Best daily updates:

http://www.moneyandtech.com/

Every day.

Start there, then ask about specifics.
1814  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCP] Counterparty Protocol, Client and Coin (built on Bitcoin) - Official on: April 04, 2014, 02:52:46 PM
guys guys counterwallet coming in a few days

Quote
xnova:  ok, the server may have some issues.... we're prepping for a mainnet release this weekend...

https://testnet.counterwallet.co/

So far so good...
1815  Other / Beginners & Help / Re: Secure your account on: April 01, 2014, 07:28:21 PM
Coinbase API allows user enumeration.
So folks can send payment requests to arbitrary users.

Here's an eli5 ish article:
http://www.cryptocoinsnews.com/news/coinbase-bug-allows-mass-phishing-and-leaked-user-information/2014/04/01
1816  Economy / Economics / Re: Winkelvoss ETP could become THE pricing mechanism for BTC on: March 31, 2014, 04:59:22 PM
Why fight against choice, diversity and new businesses?
They bought the bitcoin, so who am I to say that they shouldn't do what they want with them?
Lots of folks don't like what they are doing, lots do.
I don't think it should be "THE pricing mechanism", ever, but still think what they are doing is a great thing, and they are going after it in a big way with a lot of energy and resources.  I wish them every success.  Just because we aren't their market doesn't mean that there isn't one.
1817  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCP] Counterparty Protocol, Client and Coin (built on Bitcoin) - Official on: March 31, 2014, 04:31:07 PM

Both use the bitcoin block chain so confirm times are the same.
There are no new coins of either.  There are more Mastercoin than Counterparty
Since they are on the bitcoin block chain, they use the same algorithms of bitcoin, they are not separately mined, or merge mined, they use the bitcoin protocol as the fundamental layer.

The feature sets are fairly similar, the implementations have significant differences.  Both of these change rapidly though as they are under heavy development.

Mistake here, there are approx 4.27 times more XCP than MSC
Thank you, I need my delsexia meds.
There are:
 619478.6 MSC
2648755 XCP
1818  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCP] Counterparty Protocol, Client and Coin (built on Bitcoin) - Official on: March 31, 2014, 03:13:09 PM
So where do mastercoins come from?  How are they made and why can't unlimited be made. I don't understand how you get mastercoins if you can't mine them. For me Mastercoin looks like another ripple with unfair distribution and no mining.

I think I like the philosophy behind Counterparty better than mastercoin. So my personal choice would be Counterparty.

- Now I am just looking to have technical questions answered. What are the differences between the technical protocols of Mastercoin vs. Counterparty.
- What are the confirm times of blocks on both of these coins?
- How many coins will there ever be on both of the coins?
- What algorithm do they use that is comparable to mining?
- What features does one offer that the other can't offer?

Both use the bitcoin block chain so confirm times are the same.
There are no new coins of either.  There are more Mastercoin than Counterparty
Since they are on the bitcoin block chain, they use the same algorithms of bitcoin, they are not separately mined, or merge mined, they use the bitcoin protocol as the fundamental layer.

The feature sets are fairly similar, the implementations have significant differences.  Both of these change rapidly though as they are under heavy development.
1819  Bitcoin / Meetups / Re: announcement: the international "when-bitcoin-reaches 1000,- $ party" on: March 31, 2014, 03:02:49 PM
well, $ 1000 seem so far away now --


first run up to 1k was not because of china, it was because of the btc1k party was announced ... Wink

maybe we should do some serious re-announcing now ...

Half off tickets!
1820  Bitcoin / Project Development / Re: I think I can build a more secure web wallet than any other so far. on: March 30, 2014, 04:02:02 AM
greenaddress.it is more secure than your suggested method.
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