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Mr. 2001 only responds here and there with generalizations and accusations. i've spent the greater part of this thread arguing with facts, figures, graphs, tables, references, videos, etc and yes, my interpretations of these facts. but i point to very specific facts and attributes of what i am arguing and interpret from the heart and as honestly as i can but all i get back from this ass is generalized criticism and straw mans.
he's a troll with an agenda and if you want to respond Mr. 2001 answer my questions in a timely manner and i will answer yours but only in a continuous debate where i can pick you apart.
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if i sent you a 1 oz gold Krugerand, could you melt it down and recast as a 1 oz Bitcoin?
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What I was referring to was the exchange rate between Bitcoin and whatever your native currency is. As adoption becomes broader this will inevitably drive up the exchange rate. It may seem fiddly until you learn how to use the different parts of the 'ecosystem' such as the client, as you have observed. And this naturally limits the rate of adoption at this time. The rate of Bitcoin creation will not go any faster as adoption picks up... That has nothing to to with client or node software being open source. Sorry, I thought it was clear.
This doesn't make any sense. If a shirt costs $15, then it costs 1 BTC right now. If BTC goes to $30, then the shirt costs 0.5 BTC, or else I'm paying in $, not BTC. The "cost" to use bitcoin is the time and effort it takes to understand how to use bitcoin. This cost needs to come down, not go up. That just won't happen though. It is a poor proxy of the Dollar, there are so many Dollars, so many few Bitcoins... The forces of supply and demand are not difficult to understand, I thought this would be clear by now. Wider adoption of Bitcoin will inevitably drive up the exchange rate whether it makes sense to you or not. there, fixed that for you. |
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2 major stock crashes, one huge ongoing housing crash, gold and silver surging and being the #1 investment during the last 11 yrs suggests that he's on to something. oh i forgot to mention the wealth disparity being the highest since 1929. you know what happened after that...
And this proves the dollar has no value and is "theirs, not yours"... how? Sure seems like you're just blaming every problem you can think of on the nearest scapegoat. 'Real life' has shown how the economy goes bust time and again due to the manipulations of the bankers and for their profits only.
You fail to see and/or accept that you're lied to through a large state-and-commerce-run propaganda machine. You, on the other hand, fail to see and/or accept that the problems you complain about were actually much worse before that system came into being. Kind of like insisting that since Vioxx caused heart attacks, modern medicine is a sham and we should go back to spells and bleeding. how do you know he's a victim? for all i know, he's a bankster/perpetrator. we've got those guys crawling around here trolling routinely now, IMO.
"...it's much more comforting to tell yourself everyone who disagrees with you is uneducated, trolling, or an enemy agent than to face the possibility that you're wrong."Thanks for proving my point! so answer me this. how is it fair to the avg American that one special interest group, bankers, have control of the printing press? |
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Wouldn't this still leave Sarah's Hair Emporium at risk for fake/nonexistent bitcoins? Seems to me that they still would have to be confirmed before Sarah's Hair actually receives any money.
Yes the confirmation delay is still an issue. Repeat customers who the vendor knew, would probably not require confirmation delay. I'm confident this problem, too, will be overcome soon. i think the confirmation thing is overblown. probably 90% of the tx's i do are local and if someone tried to stiff me i'd be in his face along with everyone in town within a day. |
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The thing is in beta.
If you want to play at today's price you get to be a beta tester.
When it is easy for 90% of the population you will have to pay a hell of a lot more.
everything about this thread smells; the title he refuses to change, his confusion, the simplicity of his problem, the reference to HSBC, his nick, his attitude; i think he's trolling. |
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got my coin today and it looks better than i thought it would!!
thank you very much!!!!
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you know what? i think you're a troll trying to make it look harder than it is.
i don't know anything about computers compared to the guys around here and you obviously do and shouldn't be having near the troubles you're having.
guys, i'm sensing a new strategy among these detractors of btc.
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There's two transactions because your friend's addresses didn't have the full amount on one address.
why should that matter? he should still have only one receiving address in there if thats all he gave the sender... |
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its clear to me this was just a troll post to help the selloff.
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No, unless you already have a Linux installation, in which case there's a small chance that it will automatically activate that swap partition, and use that if you run out of memory (I don't think it does, but I'm not sure.)
If it is on a computer with Linux on it, just open up gparted when you boot into the live cd. Look for any partitions listed as type "Linux Swap", and if they have the little key icon next to them, right click them and select "swapoff"
You can check with the top command if your OS is using swap memory. how exactly do i do that from a non Linux user? |
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i'm getting multiple low memory warnings as i near the end of the blockchain download. is there a way to increase memory allocated to the live cd session?
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i've created an offline wallet with Ubuntu Live CD and saved it to a usb stick.
will bringing that wallet back into the client with a block chain download in a seperate session of Live CD create any wallet fingerprints on the hard drive?
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It reminds me of the early days of email, when everyone like AOL, CompuServe, etc all had their own email systems. To send an email to someone, they had to be on the same service. With these payment systems, if you're on dwolla, the person you're sending money too also needs to use dwolla...same with paypal and probably this ebay acquisition too.
not to mention Facebook credits. |
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LOL. i just got an email from Dwolla advertising their new iPhone app that allow you to send money to an email address. everyone's gettin on board.
but how do u compete with btc's minimal tx cost?
Dwolla's a great example of a new, innovative, and valuable company that probably would've been very successful until Bitcoin arrived. Sure BTC is helping them immensely in the short term, but in 2 years, what advantage can Dwolla offer? The brilliance of Bitcoin is that the transaction mechanism is essentially free... no office with staff have to be involved in the process. That whole cost is gone. Dwolla has to earn revenue from money transfers, but how can it compete with Bitcoin which does not? The staff and assets at Dwolla have been made redundant. Perhaps same with Paypal? "Disruptive" does not begin to describe Bitcoin. yeah, i have to laugh when skeptics point to all the wasted computer time and electricity costs associated with maintaining the block chain. but they fail to see that its replacing the entire banking system along with all the waste, corruption, and fraud behind that institutional edifice. maintaining the block chain is a mere pittance compared with that. |
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LOL. i just got an email from Dwolla advertising their new iPhone app that allow you to send money to an email address. everyone's gettin on board.
but how do u compete with btc's minimal tx cost?
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And this money is kept of the balance sheet which explains why the balance sheet doesn't show the many trillions of dollars that has been made over the last 40 years?
So what happens to this money. Can anyone explain. This money isn't owed back to the fed? Where does it go?
no, its all there. compare it to 2007 when total assets was 700 billion. now its close to 3 trillion. |
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i've already bought a couple. they're cool!
From my shop? i bought the "Bitcoin" shirt and one other not from you. |
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But that's not the total in existence, is it? Thats what the federal reserve banks do not hold in any form. The deposits section isn't about FRNs are they? The total number is 1,144,078,000,000?
And my question is, where does the 9 trillion dollars come from? Obviously if you include all the federal reserve notes in existence, it doesn't cover this, so there are dollars from the past. It is my understanding only federal reserve notes are produced as USD today but not so in the past was it?
as far as i know it is. i think its their best guess as to the total out there including those issued in the past. the Deposits are computer digits held at the Fed for the banks. |
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i've already bought a couple. they're cool!
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