Freedom, and the experimentation it allows, create prosperity ...
This is a truly stupid assumption, once you get to know humans. Wow. It's really you. Is Leela there too? |
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800 camps? Where is the photo of one of them? Guillotines? 30,000 of them?? Why not 800? Guillotines are just plain dumb tools for execution. Very messy. A bullet is so much simpler and surely some could be spared from the 600 million stockpile! This whole article is just weird/FUD/stupid non-news. |
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With BitStamp trading as low as 90 USD while MTGox held at over 109 USD this is a huge spread.
Theory. With USD withdrawals delayed for up to 2 weeks on gox, people who need the US dollars (and don't have an account in another major currency) are moving coins to bitstamp and carpet-bombing the bids. |
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And the more you say it doesn't make it right. No one has explained why it is spam? It isn't spam, when I started with bitcoin, micro-transactions were welcomed. And at that point they were worth less than they are worth now. So what changed, the core dev team can't fix the blockchain and don't want to deal with it.
I see that you joined about two weeks after SD started. Now I am not blaming SD, but I think that their business model first highlighted the effect upon the Bitcoin network of many 'legitimate' micro-transactions. Clearly a few are always tolerable, but before SD they were rare, unless they were part of a deliberate spamming attack, and overall volumes small enough that it did not matter. SD has improved a lot with its minimum (0.0005 BTC, I believe). The 0.8.2 changes reduces the risk of other pseudo-legitimate sources of high-volume micro-transactions emerging. There are possible optimizations for blockchain handling, such as the one maaku is working on, but it is still some time off yet. |
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No.. Bad Idea. We should show support for the devs who work their ass off getting out updates.
And blocking microtransactions is a bad thing? Not only did it slow up the speed of transactions it completly spams blockchain.
I love the brain wash of the core dev team. So how did transactions get slow because of micro-transactions? It never did it was always a free market. Also how does it spam the blockchain? It doesn't, maybe instead of brainwashing people the core dev team should start actually fixing the blockchain, which has been broken, due to the lack of attention it gets. The most important part of bitcoin and it doesn't get any attention kind sad. , and it does not matter if you repeat the opposite a thousand times, like a Tibetan mantra, you are still wrong. |
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The Iraqi people lived with a decade of British and American terrorism. Over a million Iraqi's died, and their country has been completely torn apart. Why can't we call that what it is? Terror.
That's called war. When governments kill they wage war, when civilians kill it is terrorism or freedom-fighting (depending on which side of Alice in Wonderland's mirror you are standing). Of course people are right when they say that government-sponsored warfare is morally no better than terrorism, it just gets painted with the colors of patriotism and shiny brass buttons and medals to sanitize it for the public, |
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Am I the only one that cried a little with joy when that wall was owned today... but price just bounced back? :')
Nope. I am happy too, especially after reloading in a major way at $91... Still think $200 by the end of this year is possible. Fingers crossed. |
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Maybe I'll add a new group between Jr. Member and Full member. What should it be called?
51%'er Swollen Member. That's close to what I was thinking. Stiff Member.  Anyway, I like the activity ranking. A good improvement. |
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Mt Gox is in Japan but the rest of that country seems to be ignoring Bitcoin. Not even appearing in this list: We like to throw these numbers around a lot, but counting the number of downloads of a country is meaningless. What's more important is per capita downloads. I made a chart here below of countries with at least 10000 downloads. | Country | Per capita downloads | Population | Downloads | | Finland | 0.005005 | 5435200 | 27203 | | Sweden | 0.004789 | 9566945 | 45813 | | Netherlands | 0.004454 | 16786100 | 74759 | | Norway | 0.003881 | 5051275 | 19602 | | Canada | 0.003689 | 35056064 | 129327 | | Denmark | 0.003592 | 5602628 | 20124 | | Australia | 0.003488 | 23019264 | 80292 | | New Zealand | 0.003218 | 4466900 | 14375 | | United States | 0.002964 | 315840000 | 936050 | | United Kingdom | 0.002838 | 63181775 | 179301 | | Ireland | 0.002810 | 4585400 | 12885 | | Germany | 0.002533 | 82029000 | 207814 | | Austria | 0.002475 | 8489482 | 21013 | | Switzerland | 0.002465 | 8036900 | 19807 | | Israel | 0.002311 | 8012400 | 18513 | | Slovakia | 0.002254 | 5410836 | 12198 | | Poland | 0.002010 | 38533789 | 77451 | | Bulgaria | 0.001866 | 7282041 | 13590 | | Czech Republic | 0.001790 | 10516125 | 18828 | | Belgium | 0.001766 | 11151495 | 19692 | | Portugal | 0.001435 | 10562178 | 15161 | | Greece | 0.001250 | 10815197 | 13523 | | Russia | 0.001175 | 143369806 | 168512 | | Ukraine | 0.001117 | 45529408 | 50854 | | Hungary | 0.001116 | 9906000 | 11052 | | Romania | 0.001112 | 19043767 | 21172 | | Spain | 0.001021 | 47059533 | 48038 | | France | 0.000825 | 65635000 | 54165 | | Italy | 0.000793 | 59530464 | 47213 | | Argentina | 0.000555 | 40117096 | 22245 | | South Africa | 0.000235 | 51770560 | 12162 | | Brazil | 0.000203 | 193946886 | 39367 | | China | 0.000194 | 1354040000 | 262613 | | Mexico | 0.000136 | 112336538 | 15294 | | India | 0.000018 | 1210193422 | 21776 |
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What it costs in USD isn't what it costs everywhere in the world. It also isn't factoring in Moore's law and cheaper energy costs going into the future.
You're thinking in $ when talking about what Bitcoin should become in the future and that might be the flaw. It's really a problem of physics and energy costs. Also you're putting the profits of miners above the function of the currency. If Bitcoin has to cater to miners this much then Proof of Stake is going to be the ultimate answer.
Indeed. In the future, a few decades out, there might be lots of capacity for transactions which are sub-cent in real terms. However, this is certainly not the case today. Miners are everything to Bitcoin. They have to make a profit from the block reward plus fees to secure the blockchain and everyone's holdings. Yes, there is the alternative of ppcoin, and anyone who thinks this is the ultimate coin should check it out. For me, I am just happy that Bitcoin has a great future as it is currently designed, allowing for some software optimizations. |
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Which Chinese exchange are people looking at?
Every single one ;-) You can see them all here: http://btckan.com/priceUSD price is second from left. The weekend drop was already pretty reluctant TBH. That's an amazing link, 9 RMB exchanges! The Chinese are really getting excited about Bitcoin. |
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Frankly, this forum software seems perfectly fine for the job it is doing right now |
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Stampbit, the FINCEN thing you refer to is irrelevant and meaningless to most people in the world.
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That vol spike on CM is completely bogus. It has done this before.
I was online at the time and a few hundred (edit: 1427 that hour) went through on bitcoinwisdom, but not thousands like CM has.
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I'm saying that LTC will not reach $6 or more on BTC-e or MtGox before the end of August 2013.
I'm looking for people to take the opposing side.
What happens if everyone agrees with you? |
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Microtransactions are essential to the success of Bitcoin and cryptocurrencies in general.
I can not recall when it was the last time I paid something with gold neither when someone I know did it but still gold is valued at $40 per gram. What a coincidence! I can't remember the last time I paid someone with plutonium yet that is valued at $10,990 per gram. http://www.nbl.doe.gov/htm/lists/plutonium_certified_reference_materials_price_list.htmMicrotransactions are essential to the success of Bitcoin and cryptocurrencies in general.
No, they are not, unless you mean small transactions equivalent to fiat paper currency values.. |
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It is an ethical thing, are they doing it cause they paid, or are they doing it to help foster growth in the community. Also they didn't formally announce it. I see their point but also transparency is key in this community at the most.
The mods have been giving their time and effort for years without being paid, so you can't just allege they are doing it now because of wanting payments! The reason for not publicizing it makes a lot of sense: to let people aspire to become mods without being overly influenced by wanting payment for it. |
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