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2061  Bitcoin / Press / Re: 2013-06-07 Bitcoin buzz shakes US bond market on: June 10, 2013, 04:41:21 AM
This is not a serious article about Bitcoin. We discussed it a few weeks back...

It's the pathetic cartoon. They wanted to stick a cartoon somewhere. Had a couple of column inches spare, so asked a writer to do an intro tying in the drawing.

You might be right.  The cartoon was not only unfunny but largely incomprehensible...probably drawn by the brother of the wife of someone higher-up, and included as a personal favour, lest marital intercourse be withheld for the rest of the month.

2062  Economy / Speculation / Re: New Poll: When will you sell? on: June 09, 2013, 11:33:38 AM
This poll should be about what price people are BUYING!

What muppet is going to sell below 40?
2063  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: June 09, 2013, 11:29:17 AM
Must drop another 10000BTC sorry guys.

are you buying a private island?

It's this one:

2064  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: June 09, 2013, 09:45:03 AM
It's my impression that since the consensus has become more overwhelming that it will drop allot farther, rebounds are getting smaller, even when the US is awake.

The consensus of a dozen people milling and fretting around this little watering-hole. As if the market would take any notice...
2065  Bitcoin / Mining speculation / Re: BFL Cash Flow Problems & Difficulty Increases on: June 08, 2013, 11:47:04 AM

Seems like they are starting to clear the backlog...

http://www.coindesk.com/butterfly-labs-finally-ships-out-last-years-jalapeno-orders/
2066  Bitcoin / Legal / Re: Everyone Panic. There's a lawyer among us. [FinCEN Walkthrough on p2] on: June 08, 2013, 02:35:43 AM
Understood. That makes a lot of sense.
2067  Economy / Economics / Re: Is there anyone else that finds all the micro BTC terms confusing? on: June 08, 2013, 02:32:04 AM
People are adaptable to this type of problem. Consider when the new millennium rolled around and confusing dates like 01/02/03 were commonly seen. So people got used to automatically adding the century in the date when it was normal to leave it out before. Bitcoin amounts will get learned and standardized. I think micro-bitcoin will become a common unit, eventually.
2068  Bitcoin / Legal / Re: Everyone Panic. There's a lawyer among us. [FinCEN Walkthrough on p2] on: June 08, 2013, 02:19:54 AM
One of the ways that a new business can find success is doing a "rollout" by offering services to customers in foreign countries and ten or fifteen "safe states"..

Good suggestion, but I am intrigued. Which are the 10 or 15 safe states, and is there a ranking list which can be maintained publicly on this forum for BTC-trading businesses to be aware of? It might help new start-ups to get going knowing they have lower red tape hurdles in their jurisdiction.

Or, would such a list be info (professional advice) which needs paying for...?
2069  Economy / Economics / Re: Glossary of Financially-Correct Terms on: June 07, 2013, 09:54:03 PM
How about "fx rate" for BTC/USD etc, instead of "price"

Also the Bitcoin "market cap" is actually the "Monetary Base" or M0 (Cash) which is the number of bitcoins in circulation.
The commonly quoted USD amount of bitcoin outstanding is the Monetary Base (USD equivalent).
2070  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: June 07, 2013, 11:55:07 AM
$109.42. Pivot point for the next up-leg?
2071  Bitcoin / Bitcoin Discussion / Re: You're all terrorists.... on: June 07, 2013, 11:24:30 AM
Ok, now that I've got your attention with an over dramatic sensationalized headline here is the real deal....

Soon the DHS will announce that anybody who owns, transfers, buys, trades, or settles debts with Bitcoins in the U.S. will be considered a person of interest in terrorist activities.  
......
The list goes on... Cry

I find the context for your post to be a tad banal because one man's terrorist is another man's freedom fighter.  This makes it a hopelessly polarizing way of thinking about the struggles that surround us, only serving to box your mind into a restricted set of outcomes thus missing the root cause solutions that would actually bring positive change.

We should not propagate the idea that Terrorists even exist.  People do bad things for many reasons, and they are all criminals if proven guilty, plain and simple.  We have laws and punishments for this.  WTF - what's the big fuss?...

Exactly.
I was watching a documentary on the Medieval period, and the public were constantly being watched over by teams who worked for the bishops. They were looking out for heretics, anyone who publicly disagreed with some aspect of theology. Heretics were arrested and slowly killed. The professor compared the scare about heretics with the fears about modern day terrorists! That is the mindset everyone is in. Any terrorists found should just be charged with whatever criminal laws they have broken and that is the end of it. A 'war on terror', is just plain stupid, just like a Medieval war against heretics.
2072  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: June 07, 2013, 10:48:43 AM
I cashed out at $142...the question now is, when to buy back in?


You waited 2 months wondering when? wow Smiley

If $80 wasn't low enough for you then it will be a fairly long wait (still maybe forever..)
2073  Bitcoin / Bitcoin Discussion / Re: Its artificial on: June 07, 2013, 10:44:27 AM
"money laundering" is an artificial, made-up crime.
All crimes are.

Surely you mean non-violent ones?
Hopefully he does.
I mean all crimes. Even the violent crimes weren't crimes until someone(s) decided they are.

I doubt that even archaic hominins, before modern humans evolved, would kill each other with impunity. There has to be some progress in a million years!

Regarding "money laundering". That is effectively victimless. The crime that needs to be punished is the one that obtained the money being laundered. If there was no crime then the allegation of laundering is just governments trying to micro-manage citizens lives.
2074  Bitcoin / Hardware / Re: *New PCI-E Based ASIC miners 1.2th/s - 1.9th's +\- 10%* on: June 07, 2013, 07:03:17 AM
I've been in contact with auto2nr1.

If anyone else wants to connect with me since it seems I'm one of the only ones the OP has been reaching out to, I don't mind giving the latest update.

On my next talk with him I will mention that he needs to send out some information to everyone at least via email if he doesn't have time to call.

BTW he hasn't been on here since the 30th. The thread needs updated badly with new Specs/Announcements so don't even bother reading the first post or title and yelling scam. Also please do not bump this thread unless you are someone that needs to contact me as it serves no use. People already paid and now we wait to see if this is legit.

SCAM BUMP

Sock puppet #1 (ks3rv3rg) loses all credibility and mysteriously goes silent, just as sock puppet #2 (Bargraphics) shows up.  What an amazing coincidence!   Roll Eyes

Sorry about that guys, I was using my alternate account (Henchman24) meant to use this account.
Uhhhhh, what? I can't believe you're still trying to get this scam going.

This PCI-E Based ASIC miners 1.2th/s - 1.9th's +\- 10% scam is like a Walking Dead zombie which just won't give up trying to grab your bitcoins!

2075  Other / Off-topic / Re: Someone explain the Bitpay logo to me on: June 07, 2013, 04:20:43 AM
He's asking about this one, not the B


That looks like paper currency being digitized.
2076  Bitcoin / Bitcoin Discussion / Re: You're all terrorists.... on: June 07, 2013, 04:09:48 AM
The OP joined on the day BTC was selling at $266.
Is this another case of bought-too-high so its time to unleash some serious FUD-slinging? Wants to talk it back down to $5 so that he can average in at a good price.
2077  Bitcoin / Development & Technical Discussion / Re: Please do not change MAX_BLOCK_SIZE on: June 05, 2013, 10:26:36 PM
I watched Gavin's presentation from the San Jose conference and I learned that it is actually being planed to increase the MAX_BLOCK_SIZE withing new next 10 or 20 months.....
.... how to push it through, without the people noticing - shame on you. that's all I have to say

Are both of these posts from you?
2078  Bitcoin / Development & Technical Discussion / Re: Please do not change MAX_BLOCK_SIZE on: June 05, 2013, 10:18:52 PM
Based on the poll linked above, about half of the people on this forum who are not overtly hostile to Bitcoin have a criteria of success that would not be met if Bitcoin was too widely used.

That seems about right based on the responses in all these threads about MAX_BLOCK_SIZE. For many people it's not whether Bitcoin can or can't scale to be ubiquitous currency, it's that they don't want Bitcoin to become ubiquitous so they work backwards from that desire to make sure it doesn't happen.

Just looked at that poll, and the results seem very encouraging. Nearly 80% want/expect Bitcoin to be a global success, yet about half that number are realistic that one or more other crypto will have a major market-share. (IMHO, other crypto will stay but have a minor market share).
So the vast majority of Bitcoiners expect it to scale well. JR, I don't read much hidden agenda there...

2079  Bitcoin / Bitcoin Discussion / Re: BTC - XBT - bitcoinfoundation.org on: June 05, 2013, 10:21:42 AM
updated http://en.wikipedia.org/wiki/Bitcoin, for XBT.

Hope somebody won't delete it sooner.  Sad

Nice idea.
You are making some waves..!
2080  Bitcoin / Development & Technical Discussion / Re: Please do not change MAX_BLOCK_SIZE on: June 05, 2013, 09:43:18 AM
WTF. Stop right there.
You clearly know nothing about anything. Have you heard of pruning ? If not, please educate yourself and come back here.

He does know about pruning, because we were talking about it a few pages back, as well as mining optimization.

I believe the last objection raised was that a higher block size limit would make it impossible to mine anonymously, but I think that has been debunked with the notion of "read the firehose of transactions non-anonymously, then broadcast just new block header + coinbase + listof(truncated transaction hashes) anonymously."

If this 2nd change works then Bitcoin will be massively scalable and can become the success everyone wants.
You are right - if it works, then Tor mining should be easier, though the scaling issues of a home node still remain.

But, all this quickly and conveniently gets forgotten, then its 'data centres' all over again.
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