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2081  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: March 21, 2013, 05:05:02 AM
I owed $15 to this girl I am hooking up with, and she was excited to get 0.3 bitcoins instead! She said she was gonna use it to pay for her kids to go to college (mostly jokingly lol)

This must mean we are in a bubble  Cheesy

ok, that's almost as bad as that investor who, in 1929, was getting his shoes shined and the fricken SHOE SHINE BOY was talking about stocks and such. guy went and pulled his investments immediately. crashed happened the next day or something. i forget who this was. one of the big names.

I don't think the analogy works with bitcoin.  Our goal has been to push adoption in order to push main stream acceptance and usage.  I find it strange that all of a sudden we are trying to act shocked, SHOCKED, that people we talk to about bitcoin continuously start to show interest in bitcoins.

People talking about bitcoin is not a sign of a bubble. People being interested in bitcoin is not a sign of a bubble.  It's a sign that bitcoin is doing what it is supposed to be doing.

fair point. that assumes it's adoption driving the price rise though. if it is, your right. great. if it's not, and just speculators or something? could still go bad.

personally i am hoping for the moon shot.
2082  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: March 21, 2013, 04:47:38 AM
I owed $15 to this girl I am hooking up with, and she was excited to get 0.3 bitcoins instead! She said she was gonna use it to pay for her kids to go to college (mostly jokingly lol)

This must mean we are in a bubble  Cheesy

ok, that's almost as bad as that investor who, in 1929, was getting his shoes shined and the fricken SHOE SHINE BOY was talking about stocks and such. guy went and pulled his investments immediately. crashed happened the next day or something. i forget who this was. one of the big names.
2083  Economy / Speculation / Re: Is the MTGox - Coinlab deal in trouble? on: March 20, 2013, 05:14:53 AM
If I am not mistaken, didn't he just say they were hiring for a communications person? someone that would communicate to the public what was happening? It seems to me that the main people in CoinLab are very busy right now, hence why they need someone to help communicate to the community what is happening.

and hence why I just sent over my resume...
2084  Economy / Speculation / Re: Is the MTGox - Coinlab deal in trouble? on: March 20, 2013, 04:54:48 AM
Someone mind explaining to me why you have to claim them on your taxes?
I thought legally Bitcoin was in a grey area at the moment.

It is legally grey as a currency. As an asset its very clear - when it increases above what you paid for it, you are supposed to pay taxes on that.

So, if you own assets like an old master painting, a vintage car, a hundred kilos of silver, and they all double in value - you pay tax on that gain???

Not in most countries.



only when ya sell it, i believe. (for the US anyway.)
2085  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: March 20, 2013, 04:42:56 AM
I would like to remind everyone here to really dive into the technical aspect of bitcoin and learn to secure it if you haven't yet, you may have already become richer and a more attractive target for the thieves than you have realized.

Good point. I could imagine it would not be a good idea to forget your charger at home and give your Android phone with $600 in bitcoins to some random waiters to charge it while you are cycling around the town for two hours. This would be particularly stupid if you were an Android developer with a rooted phone with debugging enabled as this makes the private keys readable plain text for both Spinner and Schildbach clients. Glad I don't know such stupid people Grin

In fact, I doubt if many people here and out there really spend a bit of time to look at the technicalities of bitcoin,  they will not still consider it useless, or a pyramid scheme.I have seen quite a few in this thread who don't even know they can sign a message to prove their holdings, let alone advanced uses of it, bulls or bears. I am confident that once bitcoin grows to a formidable market size, it will immediately become a ridiculously useful financial tool to a lot of people, doing things that could not even be imagined before.

and as that time approaches, the price will have to continue to climb. the brilliance of a hard limit on the amount of bitcoins. i may only have 1.25 right now - but there may come a day in my life where i could buy a car - heck, maybe a house - with that. i love this shit.
2086  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: March 19, 2013, 06:35:36 PM
When you guys inevitably decide to get together and feast on 1 BTC worth of pizza rolls, please invite me.

If I ever attend any sort of Bitcoin meetup or whatever, I'll be sure to do that!

i sure hope there's a LOT of people present...
2087  Bitcoin / Mining speculation / Re: April Bitcoin Difficulty estimate on: March 19, 2013, 02:19:45 PM
end of gpu mining? you kidding? with the current price and difficulty, i make .1 btc maybe every five days. currently, thats worth about 5.50 USD. so i'm still making as much as i was when the price was only $5 per btc, despite the reward halving and the difficulty climb. note i have MAYBE 350 mhash.
2088  Bitcoin / Bitcoin Discussion / Re: How many coins will be lost due to people dying? on: March 19, 2013, 01:50:31 PM
i'm thinking of taking a key pair and turning it to gibberish through my own symbology and having the result engraved into a bit of metal or such... or, you know... just buying a cassacius coin...
2089  Economy / Service Announcements / Re: ** STEAM GAMES FOR BITCOIN ** huge list, prices lower than retail ** NEW GAMES! on: March 19, 2013, 04:18:26 AM
It's simple - I'm hunter of steam games offers, price drops, not only on official steam store. :-)

in other words, he catches the deals like a madman and holds onto the gift codes for us until we want them.
2090  Bitcoin / Hardware / Re: Avalon ASIC users thread on: March 17, 2013, 11:50:18 PM
during April it will be ~100TH with Avalon #2. (avalon earnings 3-4 BTC)
lets see if BFL will appear also. With 200TH earnings go to 1.5-2 BTC,...etc
even with 1PH avalon is profitable with current BTC value (i am expecting though btc>100$ before that)
long live Asics, long live Avalon team Smiley

even with crazy difficulty numbers (like adding a 0 to go from 4.8 mil to 48 mil) even a jalepeno is profitable... assuming it's stats bear out, etc etc...

gonna be funny if i end up buying a jalepeno (i'm broke...) and using it to pay for an avalon.
2091  Economy / Economics / Re: Cyprus : Most excellent for Bitcoin on: March 17, 2013, 02:39:56 PM
ya know that feeling when you're riding a roller coaster, climbing the first big hill or such? the anticipation as you climb? yea. this triggered the same notion...
2092  Economy / Service Announcements / Re: ** STEAM GAMES FOR BITCOIN ** huge list, prices lower than retail ** NEW GAMES! on: March 17, 2013, 10:43:15 AM
beautiful! thanks.
2093  Economy / Service Announcements / Re: ** STEAM GAMES FOR BITCOIN ** huge list, prices lower than retail ** NEW GAMES! on: March 17, 2013, 01:52:50 AM
wouldn't be able to get me the digital deluxe one, would ya? Cheesy
2094  Economy / Service Announcements / Re: ** STEAM GAMES FOR BITCOIN ** huge list, prices lower than retail ** NEW GAMES! on: March 16, 2013, 11:40:01 PM
sale on far cry 3 this weekend. what's your price?
2095  Bitcoin / Pools / Re: [708 Gh] MtRed (PPS, LP+, API, 0 FEE) STRATUM on pa.mtred.com:3333 on: March 15, 2013, 06:51:05 AM
only mine.mtred.com:8337 works for me, the one on the main page (mtred.com:8337) does not

ah... i should have pointed this out myself. i'd had trouble on mtred.com:8337 for a bit, so during the recent kerfuffle (what? it's a word!) i switched to mine.mtred.com:8337. not had a problem since.
2096  Bitcoin / Pools / Re: [708 Gh] MtRed (PPS, LP+, API, 0 FEE) STRATUM on pa.mtred.com:3333 on: March 13, 2013, 06:59:30 PM
When will the mining network be restored? Ever since a few hours ago, all users except for redditorrex stopped uploading shares.

you sure? all is well on my end, and shares are showing on my dashboard on the site too.
2097  Bitcoin / Bitcoin Discussion / Re: A successful DOUBLE SPEND US$10000 against OKPAY this morning. on: March 13, 2013, 05:24:09 AM
Also, why didn't .7's large block problem show up on testnet?

I suspect because nobody was testing for this problem.

Client testing needs to be radically improved if bitcoin is going to be a success.


agreed. unfortunately it's kinda difficult. i mean, as someone involved in the testing of bitcoin, i have one pc, with one OS. the tests i can do are limited.

Really?  You can't emulate testnets-in-a-VM and try ranges of values for different parameters to see what breaks?

while obviously that's possible, i'm sad ot admit it's beyond my knowledge, currently.
2098  Bitcoin / Bitcoin Discussion / Re: A successful DOUBLE SPEND US$10000 against OKPAY this morning. on: March 13, 2013, 12:24:25 AM
Also, why didn't .7's large block problem show up on testnet?

I suspect because nobody was testing for this problem.

Client testing needs to be radically improved if bitcoin is going to be a success.


agreed. unfortunately it's kinda difficult. i mean, as someone involved in the testing of bitcoin, i have one pc, with one OS. the tests i can do are limited.
2099  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: March 13, 2013, 12:14:31 AM
Trying to understand that stuff.  Can you explain it to me like I am 5.  What is BDB anyways.

I know BDB stands for Berkeley Database, but that's all I have got.
I 'ld like a TL;DR version too  Smiley.

my BASIC understanding is that in .7 and before, BDB was the database system used for ...well, the blockchain, which of course is a database of transactions. this was changed so that in .8 and up, something called LevelDB handles the blockchain. in some way beyond my full understanding, a large block under .8 was made with a large number of input transactions (this being the important factor, apparently, rather then the block size itself) and was rejected by the .7 nodes. this lead to a blockchain fork, which has now been corrected by having miners revert to .7.

i think.
2100  Economy / Digital goods / Re: WTB shapeways.com giftcard USD 40.25 on: March 12, 2013, 04:59:49 AM
no bites eh? i'd happily pay say, 45.25 USD (in bitcoin) for a giftcard in the amount of 40.25. i could talk to one of the people offering printing for BTC directly, but they don't offer the materials or accuracy i need. Sad
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