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18701  Bitcoin / Bitcoin Discussion / Re: Bitcoin is not the problem its the current users. on: December 23, 2013, 07:32:49 PM
I feel that Bitcoin is currently undergoing a power struggle. Between the speculators and the believers.



I actually see it being more of an image issue.

Majority of people out there have heard that bitcoin is used for lots of illegal activities, if not that, then its loved by the anarchocapitalists and ultra libertarians who want to take down the government.
 

Those are bad things?  Cheesy And I think Bitcoin only has an image issue to those who are ignorant and naive.
18702  Other / Beginners & Help / Re: Alt-Coins on: December 23, 2013, 07:27:15 PM
Reading through the altcoin postings, it seems a lot don't focus enough on community building. You can't really have a currency without people actively supporting it. One of the postings I saw was just an enumeration of the coin's stats and a download link. It must take a decent amount of work to create a new altcoin, but I think that's only the smaller part of the work involved in publishing an altcoin.

I think community is a massive part of an alt coins su'ccess. You also need some forward thinking developers and individuals who will work to publicise and push the coin towards merchants. One coin I do think has this is Feathercoin. The free-to-use ebay style market is also a big plus. I don't think any other coin has their own auction-site built in as of yet.

18703  Bitcoin / Bitcoin Discussion / Re: Women of Bitcoin, Yes there's women on: December 23, 2013, 07:22:53 PM

It's the other way around. Woman are generally less interested in these topics.


OMG SEXIST! Cheesy

My wife was there with me so that adds one more female in attendance but she really could care less about Bitcoin. She calls it another one of my "strange hobbies".

Does she have any strange hobbies, apart from following you around strange conventions?
18704  Bitcoin / Bitcoin Discussion / Re: Last Minute Xmas Presents: BTC Paper Wallets on: December 23, 2013, 07:20:00 PM
Like http://bitaddress.org but with nice artwork for denominations 50 100 250 500 1000 mBTC - somebody do it!  Smiley

You can't present a paper bitcoin wallet as a gift because you already know a private key and can preserve it.

Of course you can.

Yeah it's a gift meaning you are paying for it out of pocket willingly. Are you going to go back and steal the coins after you've gifted them away? Makes no sense.

You could also argue that if you give giftcards you might clone them first  Cheesy.
18705  Bitcoin / Bitcoin Discussion / Re: Women of Bitcoin, Yes there's women on: December 23, 2013, 07:15:38 PM
The reason there are fewer women in tech is because of sexism.  

That's not true at all. I'm not going to say anything else just in case I get labelled as sexist.
18706  Bitcoin / Bitcoin Discussion / Re: Last Minute Xmas Presents: BTC Paper Wallets on: December 23, 2013, 07:10:38 PM
Like http://bitaddress.org but with nice artwork for denominations 50 100 250 500 1000 mBTC - somebody do it!  Smiley

You can't present a paper bitcoin wallet as a gift because you already know a private key and can preserve it.

Of course you can.
18707  Bitcoin / Bitcoin Discussion / Re: Women of Bitcoin, Yes there's women on: December 23, 2013, 07:05:04 PM
As soon as I saw the blonde girl I was like 100% booth babe. If she had 0.00000001 BTC I would be surprised.
I wish the Indian girl talked ;(

You'd think they could get better booth babes though.

yeah I also wasn't very "wow'ed" by that blonde

Next to average looks she was also stupid as hell. It's probably in her best interest not to talk to much.

That was painful to watch. Obviously they'd only hired her as some kind of "eye candy". And lol at Phineas Gage.
18708  Economy / Speculation / Re: More retailers accepting Bitcoin could cause the price to drop...... on: December 23, 2013, 06:48:16 PM
I don't see how more retailers accepting Bitcoin could cause the price to drop at all. The BTC won't be dumped on the market, they will just be funneled back into it.

Overstock have stated that as soon as they make a sale and are paid in BTC they will convert it straight to fiat. Now if this a gradual process that will be fine but imagine if for example:

1000 shoppers spend 0.25BTC in 1 day - 250BTC in total

Overstock will then covert this BTC to fiat instantly, I was merely meaning that as Overstock (and other retailers following this practice) try to sell this much BTC in one day, everyday, there will need to be increased demand for BTC to sustain the prices.

Retailers choosing to adopt BTC should NOT be converting it instantly to fiat - in my opinion.

But the money is just passing through Overstocks then back out the other side. Obviously some business will keep hold of Bitcoin maybe with the intention of an investment, but other big business will need the money liquidating and free-flowing.
18709  Economy / Economics / Re: another reason banks failing - chase limit withdrawal $100 after target on: December 23, 2013, 06:42:02 PM
This is one more reason why one should never use a debit card. I use cash, credit cards, cheques and now Bitcoin instead. The advantage of a credit card over a debit card in this situation is that one's bank account is not impacted. As for cash and Bitcoin the advantages are clear. Cheques being an older, and unpopular, method of payment are also way less likely to this kind of fraud.

No, but it could fuck up your credit rating, especially if you can't prove fraud was involved. At least if they gain access to your debit card they can only spend the funds in there and not max out your credit.

I think the "Chase" stands for JP morgan CHASE :-), you had probably heard about that one, didnt you :-).

Indeed. This is one of the largest banks worldwide. Being European is no excuse to have never heard of this one Smiley

I don't think I've ever seen a JP Morgan / Chase bank in the UK, but obviously if you follow current /world affairs you'll have heard of it.
18710  Economy / Trading Discussion / Re: best wallet or site to buy and store coins? on: December 23, 2013, 06:27:44 PM
If I were you I would not store coins online as it is not as secure as storing them on you PC. I would recommend MultiBit for ease of use and you don't need to download the whole blockchain.

Well that depends how well your computer is protected and how security conscious you are. Storing coins on an already compromised computer isn't going to go very well. Blockchain.info has a lot of decent security features, but if you can safely and competently store them offline, I would recommend that option.
18711  Other / Off-topic / Re: My friend has had some really bad luck... on: December 23, 2013, 06:22:49 PM
I'm sorry for his loss.

Someone will be traveling on those 8.5 BTCs, but it won't be your friend.  Angry

A question:  Did he have two factor enabled?  I have two factor for BTCe login and 'three-factor' for BTCe withdrawals, Login + Google Auth. + Email confirmation.  I am curious if the malware out in the wild is sophisticated enough to get around those controls.

No 2FA. I think using google authenticator probably would have saved his coins in this situation.

2factor auth is essential for keeping funds online.
18712  Other / Meta / Re: petition to rename bitcointalk dogecointalk on: December 23, 2013, 05:49:36 PM
I understand the alt coin hate, but really having most of the talk here will show the n00bs that BTC was the first and is the dominant (for now at least).

People who end up at the Litecoin forum first think Bitcoin is shit and Litecoin will one day soon replace it, thus they invest in only LTC. 

Also free speech!  Wink

These are all just noobs hoping to get rich quick off their particular coin. 99% of these alt coins that pop up offer nothing new at all. I hold a some Litecoins and a handful of others, but I don't really see how any of them are better than BTC. They're all practically the same apart from a few minor tweaks. Bitcoin has the brand and merchants behind it, and Litecoin is lagging behind on that front.
18713  Other / Beginners & Help / Re: Alt-Coins on: December 23, 2013, 05:31:05 PM
If there are many people holding Dogecoins, and a percentage of those are pet owners for example, and I were a pet shop chain, I could simply create a promotion saying that you could get a discount by visiting their pet store and using Dogecoins as coupons. The store chain gets what it needs (ie: more customers spending money), and the customers holding Doegecoins get to use them to buy stuff for their pets. The store chain can then use the Dogecoin as rewards for returning customers and the cycle continues.

IMHO, crypto coins are the rewards coin of the future. There will be thousands of them, just as there are thousands of different rewards, airmiles, coupons etc. I would like that TAG become the defacto rewards coin of the future but I am a realist..Wink

I can't see why they would choose Doge over Bitcoin or whatever. Then again, I said that about Sexcoin, but an online crypto store started accepting 'em so I guess you never know.

Yeah, you never really know, that's so right. Everything thought DOGE was a joke, and it still is lol, yet, it is still quite profitable to mine it. Wink

It wont be at some point, and when it isn't users will dump and flee and it'll probably die.
18714  Bitcoin / Bitcoin Discussion / Re: Would you tip Satoshi? on: December 23, 2013, 05:17:19 PM
We already know his address and can already tip him, some people do.

What's his address?
I still don't believe you have his address.
This was his first address:
12c6DSiU4Rq3P4ZxziKxzrL5LmMBrzjrJX

This was the first address to ever exist, but the private key for it does not exist (so the money can't be spent):
1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa

How do you know a private key doesn't exist, or is that what was stated about it?
18715  Other / Beginners & Help / Re: Alt-Coins on: December 23, 2013, 05:15:19 PM
What's so special about those doge coins? As far as I can tell it's only the name, nothing substantial from the programming point of view.
Other Alt currencies like nxt coin promise to do things (in the future) that are not implemented in the bitcoin protocol.
So why are you guys so much in love with that doge coin?

Nothing. So far all it has going for it is the popularity it leached from the meme.
18716  Economy / Economics / Re: another reason banks failing - chase limit withdrawal $100 after target on: December 23, 2013, 05:00:41 PM
Why have they limited it to $100?

Something to do with the recent Target breach according to the link in the OP.
18717  Bitcoin / Bitcoin Discussion / Re: What does the bible say about Bitcoin? on: December 23, 2013, 04:58:37 PM

You're just making up your own religion as you go along. That's a fine concept with plenty of support or their wouldn't be so many different sects of the Christian cult. That's the biggest problem with Christianity for me. If there's something you don't like about it you just don't believe that part and move on. You do that too much and there's no reason to keep believing.

If you take a simple quote like Timothy 2:12: "I do not permit a woman to teach or to assume authority over a man she must be quiet." That's pretty understandable given the climate at the time but in modern times it just doesn't work so let's throw it out.

Or the likes of Leviticus 18:22: "Do not have sexual relations with a man as one does with a woman", because it's bad, m'kay. That's obviously not going to work in the modern world let's chuck it out.

I don't like Psalm 137:9 either: "Happy shall he be, that taketh and dasheth thy little ones against the stones." I don't care what lesson you're trying to teach or what metaphor revolves around this, just keep kids out of it. Let's just forget that one was ever in there because there is never a reason good enough to kill kids. Chuck it out.

Can we just keep kids out of this Jeremiah 19:9: "And I will cause them to eat the flesh of their sons and the flesh of their daughters, and they shall eat every one the flesh of his friend in the siege and straitness, wherewith their enemies, and they that seek their lives, shall straiten them." Get this outa there.

Why does HE hate children so much 2 Kings 2:23-24: "23 And he went up from thence unto Bethel: and as he was going up by the way, there came forth little children out of the city, and mocked him, and said unto him, Go up, thou bald head; go up, thou bald head. 24 And he turned back, and looked on them, and cursed them in the name of the Lord. And there came forth two she bears out of the wood, and tare forty and two children of them." Obviously we don't need to read about children being mauled by a curse from GOD.

If I remove all of the things that are either sick, disgusting or stupid then I'm not left with enough canvas to paint my religion on. I'd rather just scrap this one and start over.

Yeah, but almost all of them are Old Testament verses, and a lot of Christians tend to just discredit all the Old Testament as hooey to get out of explaining them. I do believe in one thing; if there is a god, I think all religion's would be an absolute insult to his/her/its intelligence.

My favourite biblical quote: "nothing" - god.
18718  Other / Beginners & Help / Re: Alt-Coins on: December 23, 2013, 04:31:11 PM
If there are many people holding Dogecoins, and a percentage of those are pet owners for example, and I were a pet shop chain, I could simply create a promotion saying that you could get a discount by visiting their pet store and using Dogecoins as coupons. The store chain gets what it needs (ie: more customers spending money), and the customers holding Doegecoins get to use them to buy stuff for their pets. The store chain can then use the Dogecoin as rewards for returning customers and the cycle continues.

IMHO, crypto coins are the rewards coin of the future. There will be thousands of them, just as there are thousands of different rewards, airmiles, coupons etc. I would like that TAG become the defacto rewards coin of the future but I am a realist..Wink

I can't see why they would choose Doge over Bitcoin or whatever. Then again, I said that about Sexcoin, but an online crypto store started accepting 'em so I guess you never know.
18719  Bitcoin / Bitcoin Discussion / Re: Anyone giving out Bitcoin as a Christmas gift this year? on: December 23, 2013, 04:27:12 PM
I'm giving out BTC and LTC this year, As I am in canada I have created accounts at virtex under the names of my family members/friends and funded the accounts with 1 btc each. Now all they have to do is get verified and there good to go.

In total I'll be handing out about 15 BTC and 150 LTC for Christmas/Chanukah/Chrismakah gifts



Want to be friends? Grin

I wonder if a company will make Bitcoin gift vouchers for purchase next year? Suppose it'd still be easier just to create your own, I think that's the beauty of Bitcoin.
18720  Other / Off-topic / Re: TPB and domain seizures... on: December 23, 2013, 04:24:08 PM
Because it's just a redirect?

Redirecting URL's cannot be seized?     Maybe a policy at Public Internet Registry?
Nah, I think it can. They're probably hosting the domain somewhere offshore.

Last I heard it was moved to an Icelandic server earlier this year. And I think if one was seized they'd just move to another and so on.
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