just say if im wrong, but bitcoins should go up, when the dollar goes down right?
because the dollar have a lower value then it has last week, and the value of bitcoins are the same.
the price should go up.
now, why isn't it doing that? speculators are panicking?
And the answer is ... drumroll ... supply > demand (big surprise). All you have to do us buy $1M USD worth of BTC, and the price will go up. yes but the question is why is no one doing that? don't they want to get away from the sinking USD ship? |
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på en eller anden måde, tror jeg at du er en spammer from saris group.
nu vil du sikkert spørge hva er saris group?
aha! det er dem der er bag den danske bitcoin børs.
de er får at sige det som det er nogle inkompetente røvhuller, som spreder FUD om at mtgox ikke virker eller stjæler deres penge.
MEN deres hjemmeside er meget uprofesionelt lavet, og de sender spammere som dig ud for at prøve at give dem et godt rygte.
mtgox, tradehill, og bitmarket virker helt fint.
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Lets say I have a wallet with two account:
account1
account2
Each account has some addresses assigned to it, I can see them with:
bitcoind getaddressesbyaccount account1
bitcoind getaddressesbyaccount account2
Lets say that initially an address assigned to account1 has some bitcoins, and all addresses at account2 are empty.
Then I use move to move some bitcoins from account1 to account2
Then from what address the command: bitcoind sendfrom account2 TO_BITCOIN_ADDDRESS
sends the bitcoins?
What will the network see, what will be visible in blockexplorer?
it will just send the bitcoins from account1. while removing it from account2. when you receive something on a address. the account holding that address is credited with the amount of bitcoins received. and the bitcoins goes to a pool of bitcoins. when the bitcoin client are sending out bitcoin coins, it chooses that deposit that haves a similar amount of bitcoin in it. say account A receives 3 btc and 2 btc. and account B receives 5 btc. now both accounts have the same amount of bitcoins in them. ...BUT if you are sending 3 btc from account B, it will be the 3 btc from account A. if you are sending between accounts, you are just taking balance from one account and put it in another, the network sees nothing. |
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What are the untraceability implications of the "move" feature of the bitcoin client? https://en.bitcoin.it/wiki/Accounts_explained#Account_-.3E_Account_Transfers"Moves are not broadcast to the network, and never incur transaction fees; they just adjust account balances in the wallet." Does it mean, that if I have some Bitcoins at an address that is known to belong to me (for example I posted it together with my name online), then if I use "move" to move the Bitcoins to a different account in my wallet, then when I send some BTC from an address in the other account, that transaction is not traceable to me? Or is it? accounts are used in shared wallets. moving between accounts. is not like subtracting 5 btc from one account and adding 5 btc to anoher account. nothing happens on the network, only on your local computer. and you can't transfer bitcoin to on one else. it is just a accounting tool, nothing more. |
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as a worker for one of the firms, i hear lobbyist are working to make bitcoin exchanges regulated.
you do know that mtgox is in japan, right? US can't regulate it there. your post smells like monkey pee. |
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wrong! we all could be Satoshi Nakamoto.
but only if we have the private key  true. the only proof that he is Satoshi Nakamoto, is if he haves the private key from block 1. What if he spent block 1? then he would just be the guy who mocked Satoshi, and stole his private key. no then he could proof that he was Satoshi. by signing something with it. Satoshi is the only one with that private key, and its the only proof he haves. |
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Thnx, for figuring that out for me.  ... bit lazy like that. me too, i just did remember a thread where they where crying about it, and did some math about it. Now isn't it interesting that the $5 cost of production level is pretty damned close to the recent bottom that usd/btc just put in?
why is that? so because some random speculator panicked, and dumped a lot of coins, its the production cost? doesn't really make sense. Cost of production does matter just not in the way you might think .... if you've had anything to do with resource extraction economics you'll know exactly what I mean (otherwise you have some fair amount of research ahead of you). it would matter if it was a resource that we did use. like oil. and random economics does not apply to bitcoin. bitcoin haves a whole set of economic-theory-breaking stuff. like difficulty. you don't have that when you are mining for gold. gold is not easier to get when there are less there are mining it. I never said anything about btc being worthless so have no idea where you are coming from with that last statement. (they are worth exactly what someone is willing to exchange with you for them ... supply and demand). sorry about that. it just felt like you where screaming like all the other noobs about: "bitcoins is backed by nothing, or at least processing power, it is therefor useless!!!!!" |
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Who said Bitcoin was dead ? And why ?
a bunch on stupid journalists, because the price dropped a little bit. |
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pizza, just to be the second legend, that was so stupid to buy a pizza with bitcoins. and to own the guy who buyed a pizza at 20000btc. |
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That cant be right all the journalists said bitcoin was dead!
bitcoin was dead!  but you know its the internet!  bitcoin just re-spawned, to go frag all the journalists.  |
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The BTC price dropped from ~$12 to ~$10 in the time it took to log me in and allow me to input a trade.
Use the API, write a bot, move to a location closer to the MtGox server, stay logged in, type faster, disable images in your browser... :-/ +1 |
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In a free market, if this model is so attractive and have long term potential, then there will be another type of P2P currency competing against it, but there is still no competing currency until today, seems no one take it seriously
i take it seriously.  and you are dumb, there is no need for a another p2p currency competing with bitcoin. its a currency, its a trade-able object that have a certain value. just like gold. why isn't there second "gold"? competing with real gold? go away troll. just go away. |
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Honestly, Mt Gox is absolutley ridiculous. The BTC price dropped from ~$12 to ~$10 in the time it took to log me in and allow me to input a trade. What the hells wrong with that site?
it is been crushed by the masses |
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I though free markets prevents forming of monopolies.
If not, then it fails.
no it does not. why would it fail? monopolies like microsoft or apple, would fail if they are not allowed to keep their patents. which they will not be allowed to on a free market. and honestly if they are smart enough to purify plutonium, they will also be smart enough to not sell to you.
But i want to produce electricity and i pay well. You forgot that blowing up the plant is the secret part of plan or can happen as just an accident. its still not in my interest to sell you the plutonium. i could just make the plant myself, and sell the electricity. |
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Free Market = Those who have the most capital decide
no. those who can offer most services and goods decides and even then only if you want to buy from them. |
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Talk about perfect timing - Mt. Gox price just shot up over $10/BTC. Patience, grasshopper man! i did not look at mtgox today. nice to see it is going up |
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You stopping me from building nuclear plant and government from enforcing taxes on you.
im not stopping you, go build. just give me one good reason i should sell you my plutonium. wanna pay $1million per gram? not selling, sorry. I am lucky then there are no monopolies on free market. Huh. if all plutonium holder would form a monopolies on plutonium, then there would be one. and honestly if they are smart enough to purify plutonium, they will also be smart enough to not sell to you. it is not in there interest to destroy the earth, they would self die of it. |
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just say if im wrong, but bitcoins should go up, when the dollar goes down right?
because the dollar have a lower value then it has last week, and the value of bitcoins are the same.
the price should go up.
now, why isn't it doing that? speculators are panicking?
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You stopping me from building nuclear plant and government from enforcing taxes on you.
im not stopping you, go build. just give me one good reason i should sell you my plutonium. wanna pay $1million per gram? not selling, sorry. |
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you are free to try to build it, i am free to try to stop you, you are free to try to stop me from stopping you, etc, etc.
And now government is free to own your ass and you are free to stop it and they are free to put you in fail etc,etc , do you consider it free market ? How circular logic is that. go away troll! |
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