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1901  Bitcoin / Mining / Re: Mining... sense in applying arctiv silver? on: June 05, 2011, 09:47:17 AM
It could add up to a substantial reduction in room heating.

Sorry, but that's bullshit. It will not affect the total power dissipation at all, except for maybe the fan spinning at a lower speed and using a couple milliwatts less.

Shocked somebody here studied physics, the law of preservation of energy anyone?
1902  Bitcoin / Bitcoin Discussion / Re: Bitcoin Activity Map on: June 05, 2011, 09:10:54 AM
cool, how about following bitcoin monitor example and adding bitcoin trades on exchanges?
Trades on exchanges don't have geoips.

Not true. There are many exchanges which are located in different parts of the word. Mtgox trades would light up in Japan (or wherever their servers are maybe) Britcoin in London, etc...

1903  Bitcoin / Bitcoin Discussion / Re: Bitcoin Activity Map on: June 05, 2011, 03:38:03 AM
cool, how about following bitcoin monitor example and adding bitcoin trades on exchanges?
1904  Bitcoin / Bitcoin Discussion / Re: 10000 BTC for a pizza? on: June 05, 2011, 03:32:00 AM
I love that Bitcoin has memes now. We have the 10kBTC pizza, and we have the alpaca socks... our own little cryptocurrency counterculture...

carrots too
1905  Economy / Marketplace / Re: Pizza for bitcoins? on: June 05, 2011, 03:21:08 AM
180 000$ pizza. yammy...  could be more expensive than the house it was consumed in
1906  Economy / Economics / Re: The lack of shorting is a significant barrier on: June 05, 2011, 03:16:15 AM
I'm setting up a very basic short with a friend of mine.  I'm loaning him 5.75 BTC (actually, the dollar equivalent...he doesn't trust BTC at all).  He's agreed to give me 5.75 BTC in 1 year.  We've made a written contract stating this.  Maybe I'm missing something, but seems easy.  Shorting is not hard.  The hard thing seems to be willing buyers and sellers to find each other, which is where the intermediate exchange comes in.

You would be much better off if you've made such a deal with your enemy.
1907  Bitcoin / Bitcoin Discussion / Re: Why do you trust the miners? on: June 05, 2011, 03:14:25 AM
After the initial adoption of the currency miners have an incentive to change the protocol in a way where mining produces more coins.

False. Why would they want to turn gold into shit, literally?
1908  Bitcoin / Bitcoin Discussion / Re: Consider yourself a bitcoin addict? on: June 05, 2011, 02:45:16 AM
lol, be my guest...
1909  Bitcoin / Bitcoin Discussion / Re: Bitcoin's Hurdles on: June 05, 2011, 02:36:43 AM
Why do you think any of this has anything to do with Bitcoin?
1910  Bitcoin / Mining / Re: Newbie with gear question on: June 05, 2011, 02:29:01 AM
you are too tech savvy for your own good m8, simplify!
1911  Economy / Speculation / Re: call an end to the rally on: June 05, 2011, 02:26:18 AM
I'll be smiling when I buy your bitcoins for a dollar, it's not too late to become a bear...

sweet dreams
1912  Bitcoin / Bitcoin Discussion / Re: Consider yourself a bitcoin addict? on: June 05, 2011, 02:14:25 AM
time to form .... wait for it ..... wait for it....

Bitcoiner Anonymous !!!

1913  Economy / Economics / Re: The 2040 problem on: June 05, 2011, 02:09:42 AM
People assume wrongfully that inflation is bad.   To respect to security, inflation is not only beneficial but necessary.  Otherwise a declining hash will compromise the security of the network.

Let's preserve this for posterity. Now read this again. Now we bring up deflation in combination with decreasing by a fraction of % hashing power 30 years from now. That's a new level of ...

1914  Economy / Economics / Re: The 2040 problem on: June 05, 2011, 01:58:28 AM
Pure genus isn't it?
1915  Other / Obsolete (selling) / Re: selling mining contracts 400£ per Ghps per Month on: June 05, 2011, 01:45:18 AM
.
1916  Economy / Speculation / Re: call an end to the rally on: June 05, 2011, 01:37:11 AM
"call an end to the rally" turned out to be premature... again...
1917  Bitcoin / Press / Re: Bitcoin press hits, notable sources on: June 05, 2011, 01:31:40 AM
http://www.activistpost.com/2011/06/new-decentralized-currency-stimulating.html
1918  Bitcoin / Bitcoin Discussion / Re: Bitcoin Nigerian Scam writing competition VOTE! on: June 05, 2011, 01:23:23 AM

+1
1919  Bitcoin / Mining / Re: I wish I never started mining on: June 05, 2011, 01:06:47 AM
and yet 2 year old 5970's command on ebay prices comparable with prices of new cards and I was just quoted 750USD for 2GB 5970 card by some chinese "manufacturer" (yea I know they are insane)
1920  Bitcoin / Bitcoin Discussion / Re: Professional economists projections on BitCoins? on: June 05, 2011, 12:53:31 AM
I just bought 50 BitCoins. (I used to have 100 but apparently I have a weakness for double or nothing coin toss games of chance.) At any rate, I was wondering if any professional economists have given projections on the value of BitCoins. There is a lot of speculation on these forums but I am looking for a BitCoin analysis that is slightly more formal.

Any suggestions on where to look? Thanks, everyone.

All professional economists think that without inflation we are all doomed and nobody can convince them otherwise because their paycheck depends on them continuing to think that without inflation we are all doomed.

Those economists who think that inflation is a problem and deflation is not, quickly stop being professional ones and become amateurs. Ask Ben.



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