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221  Alternate cryptocurrencies / Altcoin Discussion / Re: Which Altcoins Adopted In Response to Various Bitcoin Collapse Scenarios? on: December 22, 2013, 05:02:49 AM
Cool Transaction confirmations begin to take too long: People adopt the next fastest coin:  Litecoin is next in line?

No, faster blocks doesn't mean faster confirmations.  Number of blocks burying your transaction and the difficulty of those blocks is a factor.  6 quicker blocks means 6 easier blocks means your transaction is not confirmed as securely.
222  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 20, 2013, 07:38:37 PM
Quote
You mean memes with homophobic slurs so we look like a bunch of narrow minded biggots? Or am I missing something. You should be ashamed.

http://www.youtube.com/watch?v=Fcja4WFFzDw
Am I the only one here who thinks being gay is wrong, or aka not what god intended. I man common, god really created Man to bang another Man...

How would that justify disrespectful name-calling, though?
Sorry would love to get back on that subject but the moderators here censored my last 4 posts

Make your own forum, then.  No reason to steal/use someone else's.

I had a straight friend in high school who was beat up for being "gay."  He suffered permanent brain damage.

Even if you accept the idea that God didn't create man to be gay, how would two wrongs make a right?  Why be disrespectful and abusive to the person that your god created?
223  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 20, 2013, 07:36:25 PM
Quote
You mean memes with homophobic slurs so we look like a bunch of narrow minded biggots? Or am I missing something. You should be ashamed.

http://www.youtube.com/watch?v=Fcja4WFFzDw
Am I the only one here who thinks being gay is wrong, or aka not what god intended. I man common, god really created Man to bang another Man...

Oh wow. Really? Do I really have to read this load of shit in Bitcointalk?

Just yesterday I said I did not want to Ignore anyone. I guess you're my first.  

If you don't have 10-100+ people on your ignore list on Bitcointalk, you're not doing it right.
224  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 20, 2013, 07:33:28 PM
Quote
You mean memes with homophobic slurs so we look like a bunch of narrow minded biggots? Or am I missing something. You should be ashamed.

http://www.youtube.com/watch?v=Fcja4WFFzDw
Am I the only one here who thinks being gay is wrong, or aka not what god intended. I man common, god really created Man to bang another Man...

How would that justify disrespectful name-calling, though?
225  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 20, 2013, 07:33:00 PM
Sudden dump, i wonder if it will break the 710-705 level

A 1000XBT wall near 4000CNY is just pulled. Pump and dump

I really hate the XBT nomenclature.. Where did it come from?

It comes from some ISO standard that says that non-national currencies will have three character symbols that start with X.

I say let's buck the idea that national currencies should have preeminence.  Make the very use of the symbol BTC part of the revolution.
226  Alternate cryptocurrencies / Altcoin Discussion / Re: [MASTERCOIN] - MINING for MASTERCOINS on: December 20, 2013, 03:16:11 PM
I'm trying to work out what the incentive would be for the non-miners, the ones providing the mastercoin.  Basically for them it would operate as a mastercoin to bitcoin exchange?  I suspect they would see that as a little bit risky, that they would be more likely to get better rates on the open market.

When you think about it, mining is an operation where the financing is highly distributed, through the exchange system.  Person A mines and sells his Bitcoin on the open market; Person B purchases the Bitcoin that A put up for sale.  B is really a miner, in a sense - he's the one financing the operation.  Or say Person C mines for boogercoin and sells it on an exchange for Bitcoin; Person D purchases boogercoin for Bitcoin on the exchange.  There's nothing in the blockchain that makes it happen, but Person C is really actually mining for Bitcoin just like Person B in my previous example, using Person D as an intermediary.

My head is spinning now...
227  Bitcoin / Bitcoin Discussion / Re: Why doesnt someone make a cash only exchange? on: December 20, 2013, 02:57:12 PM
All the posts about Bitcoin ATMs and localbitcoins.com are missing the point - an exchange.  The problem being considered is not "how to purchase Bitcoin with fiat."  The problem is "how to facilitate cash deposit and withdrawal on an exchange."  These are two different problems.

The cash only Bitcoin exchange idea makes my heart leap for joy, but I don't think it could work with current laws.
228  Bitcoin / Bitcoin Discussion / Re: Why doesnt someone make a cash only exchange? on: December 20, 2013, 02:29:54 PM
Well, besides the fact that you have basically described the Hawala system, which may or may not be the funder of global terrorism (I mean, what good idea ISNT funding global terrorism in the eyes of the government these days), you are also kind of describing Me, You, Email, a bag of cash and starbucks.

Or localbitcoins.com :-)

Rabbit, you educate me every day.  I'd never heard of Hawala.
229  Bitcoin / Bitcoin Discussion / Re: Why doesnt someone make a cash only exchange? on: December 20, 2013, 02:29:04 PM
Its a simple idea, leverage the advantages of the devision of labor in order to overcome government meddling.

The exchange would open up shop probably in either los-angales or new york and would only accept deposits in the form of cash at the front counter. The exchange would be safe from a myriad of legal trappings which would allow them to focus 100% on the service they are intended to provide and the market could innovate highly decentralized mechanisms of getting cash from one side of the country and into the front door of the building. Decentralized community of peers working within the framework of a reputations systems could provide the money transmission instead of some big payment processing company. As an example, suppose we have two brothers, one lives next to the exchange and another 1000 miles away. The one brother could take payments and the other would make deposits and when ever they visited each other periodically they would clear out the debt between each other, always operating within the black or gray market.

There may be a really good reason why this doesn't exist and i just havn't thought about it yet.

It sounds like a dream come true.  I know the government would make it impossible because they feel the urge to look into all financial transactions.  In real life we call this busybodyness and let our neighbors know that they aren't welcome to pry that closely, but when people win popularity contests they feel it gives them the right to do this kind of thing and to even prevent some transactions - and to punish you if you don't comply. Sad

Another thing I would like to see is a precious metals exchange.  This could operate a little bit like those "cash for gold" places that sprung up the last five years.  You send in your gold and silver jewelry or junk or whatever and receive credit on the exchange (minus an appraisal fee and other fees, most likely).  The exchange facilitates trading between grams of gold, grams of silver, and units of cryptocurrency.  When you want to withdraw gold or silver the exchange would probably permit doing so in defined units such as nationally minted bullion coins or silver rounds.  Again, likely minus a fee for shipping, insurance, security, etc.

Somebody please make this happen!

Sometimes I want to cry thinking of how great the world would be if all of this could be done and how it isn't likely to happen anytime soon and I may not live to see it.
230  Alternate cryptocurrencies / Altcoin Discussion / Re: Coin market capitalization watcher thread on: December 20, 2013, 02:17:53 PM
PrimeCoin and FeatherCoin have been pushed down - Nxt and Dogecoin are up (not sure how much I trust the Dogecoin readings, but this is twice in a row.)

Bitcoin 8,409,983,542
(Ripple 2,241,106,927)
Litecoin        490,738,519
Peercoin        74,777,643
Namecoin        35,927,269
Quark   27,650,727
ProtoShares     16,571,809
WorldCoin       16,170,765
Megacoin        14,232,478
(DogeCoin        10,507,728)
Nxt     10,373,024
Primecoin       9,315,597
231  Alternate cryptocurrencies / Altcoin Discussion / Re: Coin market capitalization watcher thread on: December 19, 2013, 08:55:16 PM
Nice healthy green numbers today:

Bitcoin
(Ripple)
Litecoin
Peercoin
Namecoin
Quark
ProtoShares
WorldCoin
(DogeCoin)
Megacoin
Primecoin
Feathercoin

Same list as always except this is the first time I've caught one of those temporary high Doge moments I've been hearing about.

Nearly everything is up.  Not as much as it was a few days ago, but back to the point it was a few days before that.  So you can call it a crash or a recovery; take your pick!
232  Other / Politics & Society / Re: Reddit’s science forum banned climate deniers. on: December 19, 2013, 08:51:11 PM
I have never met a scientist who is not deeply concerned about global warming,

That's a deeply flawed statement.  Not every scientist is qualified to comment on global warming - only scientists who actually specialize in this field.  The beliefs of other scientists carry just as much weight as those of the general public.

In the same way, someone who is an expert in climate science may not be an expert in public policy making.

The professor who proposed the death penalty for climate change denial is a musicologist.

I think I'm going to go die now.

Quote
He is a scientist, so what he must say is right, right? All scientists are qualified in all fields of science because they are scientists.

I think we should be ruled by these people.
233  Other / Politics & Society / Re: Reddit’s science forum banned climate deniers. on: December 19, 2013, 08:00:12 PM
I have never met a scientist who is not deeply concerned about global warming,

That's a deeply flawed statement.  Not every scientist is qualified to comment on global warming - only scientists who actually specialize in this field.  The beliefs of other scientists carry just as much weight as those of the general public.

In the same way, someone who is an expert in climate science may not be an expert in public policy making.
234  Other / Politics & Society / Re: Reddit’s science forum banned climate deniers. on: December 19, 2013, 07:57:06 PM
I think it's obvious global warming is occurring

You would have to be a very ignorant fool to think otherwise, LOL.



There are two things being postulated:

A. Climate change is happening

B. Climate change is caused by humans

People who question B. but accept A. still get brushed as "climate change deniers".

There has been climate change even before humans existed. Yet humans and client change are automatically linked together, the first causes the last. No nuances are possible.

I see the same trick in other areas. People who oppose the European Union are "against Europe". So you're against a whole continent if you oppose the EU.

Most climate activists posit 7 things.

A) Climate change is happening
B) Climate is being effected by humans
C) The effect of humans on the climate is significant
D) Climate change is a problem
E) The problem can be corrected
F) The benefits of taking actions to correct it outweigh the costs of those actions
G) The force of the state should be utilized as part of the solution.

The leap to b is certainly true. The leap to C is probably a 50/50 in my mind. By the time you get down to D there is prob a 75% chance that you have made a mistake (there is more land mass trapped up in arctic deserts than equatorial deserts on planet earth so an increase in temperature would probably cause more presently uninhabitable land to become inhabitable than habitable land to become uninhabitable). Of course E is even less likely. By the time you get all the way to G the chances that you have not made an unwarranted leap are astronomically slim.

Good thoughts, and you get extra credit for the correct use of "effect" with an e as a verb.
235  Other / Politics & Society / Re: Reddit’s science forum banned climate deniers. on: December 17, 2013, 09:32:33 PM
It's a big Internet - there are plenty of places you can go and air your views.  Or you can create your own site.  Meanwhile, reddit has apparently decided they are serving the market of people who want to discuss the subject without the interjections of those who disagree.

Freedom of speech is a property right - you have the right to use your own press, your own soapbox, etc.  Nobody's obligated to provide one.  And some people just want to be left alone in private.  If they do, of course, the rest of us are free to point them out just in case anyone wants to avoid that group.  Maybe that's all you were doing here.
236  Alternate cryptocurrencies / Altcoin Discussion / Re: Coin market capitalization watcher thread on: December 17, 2013, 05:03:23 PM
I'm curious what you feel is flawed about Primecoin.  I'm not involved in its day to day operations - is it having problems?
237  Alternate cryptocurrencies / Altcoin Discussion / Re: Coin market capitalization watcher thread on: December 17, 2013, 02:28:24 PM
Current top ten:

Bitcoin
(Ripple)
Litecoin
Peercoin
Namecoin
Quark
ProtoShares
WorldCoin
Megacoin
Primecoin
Feathercoin

Megacoin has returned.  The general slide continues - at the moment the only coin on the whole chart that shows a 24 hour gain is BetaCoin.
238  Alternate cryptocurrencies / Altcoin Discussion / Re: Coin market capitalization watcher thread on: December 16, 2013, 07:52:24 PM
Nxt's 24 hour gain is nearly gone.
239  Alternate cryptocurrencies / Altcoin Discussion / Re: Coin market capitalization watcher thread on: December 16, 2013, 07:16:58 PM
Megacoin vanished.

Meanwhile, Nxt has been outpaced by Novacoin, so that gives us:

Bitcoin
Litecoin
Peercoin
Namecoin
Quark
ProtoShares
WorldCoin
Primecoin
Feathercoin
Novacoin
240  Alternate cryptocurrencies / Altcoin Discussion / Re: Coin market capitalization watcher thread on: December 16, 2013, 05:56:55 PM
quark/namecoin routinely swap places, depending on the market.

Yes, they are already back where they were before.

Quote
I wish Gliss would just delist doge permanently, for their trolling shennanigans

I started to say that eventually as the market deepens this would be less of an issue - but what about for coins where the market never deepens?
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