You guys can cut out the trolling. IBB was around before most of you guys knew money could be sent online through a medium other than Paypal. sebonzakura and IBB are both long-established and quite reputable, though there was a long hibernation period after the lending subforum imploded. There's no reason to assume OP was not given the project (check his post history), though confirmation from senbonzakura would be nice.

Somewhere, I still have an IBB BTC cheque. Wish I could find it. I think it has .1BTC or so on it. Seems to've disappeared when I last moved.

Yeah. You can double-check the SSL certificate if you want. SHA1 fingerprint should be 29 0e cc 82 2b 3c ce 0a 73 94 35 a0 26 15 ec d3 eb 1f 46 6b

This is in line with what I was envisioning and would be especially doable with the website, where consistency can vary a little more. If I'm still interested when the Let's Talk Bitcoin transcription project is done and nobody else goes ahead with this, I think I'll give a more clear outline and get some type of submission/editing system together.

The site could include some fun cross-overs for paranoid schizophrenics. There could be a "Spot the Fed" section where people post images and videos of federal agents in Bitcoin conferences and we create worrying graphs showing the increased infiltration of communities by "TPTB." This could turn into a contest awarding BTC for valid submissions. Idunno if it'd be too "extreme" to be worth approaching Adam & LTB company about doing this as a kind of sister site.

It would look at various (some fantastical, some more plausible) doomsday scenarios and suggest how-tos on fixing it from a good number of intelligent people. I would consider this more as a series of paranoid, speculative short stories than some serious rebuttal to reasons 1-1000 Bitcoin will fail. Quality bathroom material, really.

For example, World War 3 breaks out in 2025. The vast majority of computers use SSDs for storage. EMP strikes wipe out most data across the world. Countries enforce economic sanctions by cutting off connections to the countries they're sanctioning. The Internet is no longer unified, and the Americas have no connection to "the big continent."

Well, assuming we don't have many renegade satellite ISPs willing to host the blockchain (rather, that Richard Branson is a big, fat vagina [corner-image, Richard Branson with vagina-face subtitled "Doing space somersaults as Bitcoin dies."), we'd probably need to come up with a terrestrial mesh network. People in the Americas would be particularly fucked, because unlike England with the Dover Strait, where the ~4 mile wireless connection would be relatively trivial, there aren't many easy ways for America to connect to "the big continent." Americans couldn't profitably mine (due to orphans⁵⁴) nor trust transactions (due to low hashpower⁵⁵). The cheapest way to connect the Americas to "the big continent" would be going along the Bering Strait, with powerful high-frequency radio towers on the Diomede islands and perhaps "WiFi buoys" going along the water for redundancy [corner image, Dimoede islands & Bering Strait with illustration of how wireless connection would occur]. These islands will probably be hotly contested and any equipment there disabled.

Are there alternative routes or more discrete ways of creating that connection? What if we developed geographical coins (Americoin, Eurocoin, Asiacoin) and used bitcoins as the reserve currency? Would Bitcoin be used in cut-off countries merely by sneakernet?

Plausibility, dangers, and solutions as suggested by experts X, Y, and Z... (round-table discussion format - moderator gives prompt, guests discuss, new prompt, discuss, prompt, discuss, prompt, discuss)

Other scenarios:

• Transacting in virtual currencies declared illegal everywhere.
• Satoshi Nakamoto's identity revealed. Satoshi is found to be an international criminal wanted for child abuse, distributing child pornography, orchestrating 9/11, and executing Jesus.
• secp256k1 proven weak, thousands of coins stolen. Effectively rolling back the blockchain would negate transactions worth hundreds of thousands in coins.
• Samsung hard drive firmware found to scan and upload Bitcoin wallets to rogue employee.
• The Satosh Infection!
• HSBC subsidiary deploys 24,783,692GH/s in ASICs on the network. (bonus content: cost to 51% various virtual currency networks)
• Dick Cheney endorses Bitcoin.
• The 10TB blockchain.

I'd guess a formulaic method for content creation would be reasonable, similar to how Cracked articles are formatted.
Scenario
The Problem
Possible solutions
Discussion
Conclusion (plausibility and potential damage rating)

Back of book contains vocabulary section listed alphabetically and as they appear in book (like with orphans⁵⁴, you'd go to "54" in the vocabulary index). The book cover would necessarily be the most badass of any in a B&M store, with Putin shooting panicked children as Obama goes diving to cut undersea communications cables and Chinese nanodrones fly around in search of paper wallets to scan and upload.

Lifespan post-book could be extended as a regular blog-style site, with new scenarios posted regularly (this could also be done in reverse - website first, then book). Book can be self-funded, copyleft-similar (would need to look into proper license) in digital format, sold in physical format for cash, with proceeds split between authors, editor, and experts (on top of up-front payment, if necessary). Website monetization model steals Let's Talk Bitcoin tip-per-segment idea, with tips split between content producers. Minimal site sponsorship to pay web hosting costs - maybe one rotating banner ad.

Unsure how serious I am about this, so feel free to take the idea and run with it. I'd probably buy it.

Here you go: https://play.google.com/store/apps/details?id=br.eti.fml.satoshi

Turn the volume up and enjoy as much sleep as allowed.

You'll notice they still committed the acts even though they were illegal. Someone else can still do it. Exchanges can still operate on a fractional reserve system because laws don't put up a reality protection field which automagically prevents crimes.

I'd keep the "you know" in that case, but change some other things around. ", but the same kind of thing, you know - it also happened in education, it's happened in healthcare, it's happened in [whatever the other example was]." Semicolons, colons, hyphens, and double hyphen-minuses are all acceptable to me, though semicolons and colons are preferable. Kieran does a great job with handling sentence structure to preserve thought flow (way better than I) - so if you're looking for some good examples, check out his transcripts.

I'd change to (Kieran could probably further correct this):

I don’t think it's a coincidence at all that we saw the rise of Bitcoin at the time that we’ve seen it: right after the currency crisis of 2008. That really put everybody on notice: something is not working about the system. It’s exactly that period the regulators, the Fed, and the Treasury, and everything - they sent the entire system into a gigantic upheaval that’s fundamentally changed its workability. Banks today don’t work anything like what they worked like ten years ago; it’s a completely different operation. They make money in a different way, their reserves are handled in a completely different way. The Federal Reserve is totally dedicated to [hampering] down interest [rates] to zero, to negative. Money and the financial system just isn't working the way it used to work, so Satoshi’s invention, Bitcoin, comes along, really at exactly the right time. It’s kind of the perfect storm in many ways.

Of course they're not allowed to, but laws don't define reality.

Oh - I was curious. Did any of the BTC betting books carry a bet on the number of people who would die shopping on Black Friday? It's definitely in the offensively insensitive area, but I figure if life insurance policies can be considered collateral...

I'd get a kick out of seeing "Bitcoin Betting Market Accurately Predicts Number Dead on Black Friday." I guess it'd probably be "New Bitcoin Murder Market - Encouraging Your Kids to Kill for Money?"

They're supposed to, but all they're really doing is exchanging ExchangeBTC for ExchangeUSD and then processing withdrawals, but only for those who request it. A significant amount of money is stored on exchanges because banks suck and it takes a long while to actually move fiat around. To that significant group of people, it makes sense to keep some money on exchanges long-term for short-term trading.

An exchange can have $10M in ExchangeUSD IOUs, but actually only have $5M in USD to pay out. This fractional reserve system (or in this example, probably insolvency) works so long as there isn't any kind of "bank run" on the exchange.

MtGox and BTC-e (maybe BTC-e still does - Idunno) used to have "code money." That is, you could withdraw fiat and BTC in the form of GoxUSD or GoxBTC - debt notes, represented by a hash, similar to Bitcoin. You could trade these notes around, and they offered excellent advantages, but also the very serious drawback that Gox may not honor the IOUs. These IOUs, it should be noted, are effectively the same as the balance you see in your account on an exchange -- they're not necessarily representing actual money. When Gox started issuing these IOUs as a withdrawal method, there was a very slight premium over face value due to the convenience they offered. However, when Gox's future started looking uncertain, GoxUSD and GoxBTC started trading at a discount under face value. This was because the debt notes (the same as account balances in exchange accounts) may not have been fully backed by Gox's reserves. Gox eventually discontinued issuing these debt notes due to regulations.

Varies by country. Most Western countries have it as $1,000. In Eastern countries, it often looks more like 1.000$.

BFX never quite hit it due to a fairly small (~106BTC) bid wall at $1k which kept it from hitting the BSTMP price.

I feel it in my bones. It's dancing with $1k. It's ready for the drop to let us back in!

That's true. I took issue with the idea that Cas should be shamed for not spending his time promoting alternatives when he's providing a legitimate good where the operator's never really done anything wrong. Taking issue with trying to make Cas a specific target, I didn't address the real message. Cas' model is terrible if you don't really trust the person issuing the coins.

Anyone know how to add a break after a break in LibreOffice? I don't want it double-spaced, but sometimes, when I download a .docx file, it removes all the line spacing after a speaker's finished.

So... in LibreOffice (looks totally fine on Scribd), it looks like
when it should look like

ETA: Nevermind. Figured out a solution. (in case I forget) In Paragraph->Indents&Spacing there is a "Spacing" tab. Add .2" before and after paragraphs.

Sorry, I missed it, and even the two times you posted about it (I generally only read posts with links in here). It's added in there, now.

Take e46 from me. Proxy person never got to it.

If anyone's done a transcription and doesn't see their thread on the queue, lemme know. Better yet, just send me the Scribd link via PM when you finish one to make sure I add it.

I'm bearish on short-term price (though... I have been bearish from $450-950, panic-bought at $950, then bearish again starting @ $1100 [I swore off short-term trading a long time ago, but needed to cash out and am doing it much slower than I intended]), but you're not a late adopter by any reasonable measurement.

Yeah.

I guess checking URLs and "normal" text links both would be preferable. It'd probably help with remembering I need to still hover over text links.

Yeah. Can't offer much in the way of bounty, though - why I was hoping a solution already existed. 

7ab665a2f89d1b17281f2da8fa044a0aa568681d5e87ab609832b5c54f084d27

1mo (dec 30, '13), 10%, repay to 1FPvwR7r5yzK8rTJUK88vbJ7mJzndPAYen