Is a major price correction coming to SS because of pirate exposure?
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One can always send things to a friend and tell them you cannot order it to your place because it is a gift for your wife or girlfriend and you do not want her to find out beforehand. My friends do not open my post.
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I understand that you wish to see a humanitarian bias in the currency you would like people to use.
Computing hardware seems to me a neutral tool that can also achieve this.
Your cryptocurrency that is farmed by community "currency collectives" where currency is harvested from the activities in networks of mutual currency exchanges can be bitcoin.
Forget about the term "mining" it is essentially arbitrary.
First thing you can do is choose your community. After you have done so build a communication network in it that lists all the things it is willing to produce and trade. After you have done so offer the service for bitcoins. Now you can trade on exchanges for your preferred fiat to bring back to your community. If you want to operate a full bitcoin node that does "mine" or "harvest" or "grow" or "recycle" from gained profits is up to your *local* community.
You might consider bitcoin less a currency and more of a community ledger if it helps you.
As long as you are not much clearer on how exactly you wish to implement a 2.0 cryptocurrency I suggest you use a 1.0 until you find the things that can be changed to provide incremental development.
A system as I understand from your initial idea could easily be gamed by a group of people rapidly exchanging things just to create trade.
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At the moment I really feel like a person with Asbergers. I just cannot tell anymore who is sarcastic and who isn't.
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everywhere I look I see scam sites, untrustworthy people, hackers and pyramid schemes running riot,
isn't this whole bitcoin thing just a trap? I don't really see why you'd want to be part of it...
have you heared about selective perception? Also are you speaking about dollar or bitcoin?
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Has anyone heard any news from pirate40 about any payouts or any communication at all?
Yes he was on IRC for a bit this morning, people pummeled him with questions, his parting statement was: [10:07:31] <pirateat40> Today is the start of a busy week guys, i'd love to answer all the 200 pm's but can't. I'm around and you'll know when things start to move. [10:07:35] <pirateat40> pirate out
basically if you cross the river you will destroy a great empire
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he just came online and didn't do anything
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At the current moment with mtgox prices in the 7.80 Dollar range the cheapest bitcoin that can be bought is at bitcoin.de is 7.89 Euro - the equivalent of 9.7 Dollar.
One might argue it is a to small exchange or not as liquid as mtgox or a great arbitrage opportunity. To me personally it seems like these exchanges are a tidbit more rational and have decoupled from mtgox as a pricemaker.
The need for coins as a crisis escape mechanism is certainly higher in Europe, especially in Germany where the distrust in Greece as gone up tremendously. After Greece financed their interest on Eurpean credits by taking more dept and pretending everything is OK the technocrats of the developed world are wising up.
So if you can export those cheap coins to Germany. Euros are waiting for you.
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it also can attract people who want to make an easy buck
usually loose it quick, too
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Enjoy the roller coaster ride. Quite a change from weak into strong hands.
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Hey SaintFlow, If I told you I had a BIG thing in the making and you could one of the first to join in, at lets say 5% weekly ROI, would you wanna join? Minimum amount to partake is 1000k BTC, because its REAL ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) PM me Shure just PM me the address. Are you shure you cannot do better then 5%? After all I learned lesson one. Don't use what you cannot spare. I then closed the book and felt ready for a great adventure.
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International shipping? Germany specifically?
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Damn. Have you heared about zeekler? Google it. It got taken by SEC for being a ponzi with 1.5 percent per day. I also had fiat in that.
If pirate does not pay back I can claim myself a major fool who had 2 ponzis collapse THE SAME DAY.
what a day indead.
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The futurist in me wants to remind everyone that goverment is a pre-internet civilisation tool. Kind of like pottery.
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Yes, of course. If you aren't selling now, you're not a trader. Or, your fund is still held in "hostage"
Absolutely right. So there are trader, paniksellers and "hostages". Just don't kid yourself who you are.
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10/10 for best out of context FUD troolpost! Cudos sir cudos ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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I'M FREAKIN' OUT GUYS !!!
Stay calm and breath slowly. If necessary sit on the ground. Realize that the world and the people you love are still here. If you used more money the you can loose than learn your lesson.
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Rampant panick sellers usually take the short end of the stick.
Shure the last days have transformed some of you into bears and might find yourself in a stop loss position.
With recent price explosion plus the PS & T news it is easy for the seasoned Bitcoiner to feel at home in a high volatility situation and scoop the coins out of fresh tradesmen/women at a bargain.
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The fact that he does not dump the coins on before weekend is a pure gentleman's act.
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