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2261  Other / Off-topic / Re: Post your pic! on: November 28, 2013, 07:01:17 AM
how long did it take to do teh rainbow hair....looks like a lot of work

It took quite a while. I wanna dye my hair again and make it pure blue but I may change my mind. Won't redye my hair for a while (cause I'm broke lol).

Hmm the rainbow effect has some flair....how did you make the dye not bleed into each other and get the demarcation like that?
2262  Other / Off-topic / Re: Post your pic! on: November 28, 2013, 05:08:11 AM
how long did it take to do teh rainbow hair....looks like a lot of work
2263  Other / Off-topic / Re: Post your pic! on: November 28, 2013, 04:42:33 AM
ITT talking to speaker
2264  Other / Off-topic / sid meiers civilisation needs a new tech tree / option on: November 28, 2013, 04:35:03 AM
sid meiers civilisation needs a new tech tree / option
"develop crypto currency"
allows rational fiancee system,
savings from 90% of banking system that is no longer needed,
more efficient govt as they can no longer just print more money, production increase
trade increase as barriers removed and economic efficiency increases


new govt available

"thoughtocracy"
allows rational discourse and the elision of sovereignty to the individual
2265  Other / Beginners & Help / Re: I Give Up!!! on: November 28, 2013, 03:56:53 AM
this was me in 2011?, I spent 2 days solid trying to by BTC, from outside the US.

I even had the plane tickets ready to go...

the price was about $5- $7 i think and it went to $32, then back to $2. I felt glad that I did't buy any and forgot about them....how stupid I was...!. I should have read more and thought more about BTC.

I should have kept trying and got on that plane to the US to do this.

I am in a really distant country and all my methods failed, tried dwolla and everything else I could find.

now its relatively easy to get, just google buy bit coins in your country, some one will sell you BTC for cash!
2266  Alternate cryptocurrencies / Altcoin Discussion / Re: 1 litecoin is now trading at $146, the psychological effect of mBTC on: November 28, 2013, 03:36:20 AM
I feel like this doesn't address that there is in fact already the infrastructure in place to move litecoin into 'acceptability' much more quickly then 2011 bitcoin.

We already have services like coinbase, bitpay, mtgox, etc. that make it fairly straight-forward for merchants to accept bitcoin. That was the hard part. I don't see a reason that any of these services in the future couldn't roll out litecoin support, and instantly put it's acceptability right up there with bitcoin.

I'm not saying it's there yet, but I don't think comparing it to a 2011 bitcoin is a very fair comparison when in fact lots of pieces are in place to make litecoin (or any other coin, for that matter) acceptance a much more simple proposition.

If bitcoin can be inflated by adding litecoin, it can be inflated by adding more currencies, thus the limited supply of bitcoin and all other currencies are destroyed. The result of this would be catastrophic since unlimited supply means value will go to $0. There is no reason to pay for something with unlimited supply. The fact that price is going up indicates that people have confidence that this won't happen and I believe the reason so few have chosen to support litecoin through merchant integration is because it's not in their own interest to do so. I think the only reason litecoiners want to see it integrated anywhere is for a quick buck.

its rare to find a market where on product or service dominates to the exclusion of others

the only one I can think or are dentists, Dr's and Lawyers who have state sanctioned registration monopolies, and perhaps banks as well, until now
2267  Alternate cryptocurrencies / Altcoin Discussion / Re: 1 litecoin is now trading at $146, the psychological effect of mBTC on: November 28, 2013, 02:34:23 AM
There is definitely a psychological factor but litecoin can also serve as a hedge against a major bitcoin failure.
With a market cap of 12 billion i'm pretty confident any "major bitcoin failure" can be overcome. However this isn't a topic about whether litecoin serves a purpose, just that money is leaking out from the btc economy due to irrationality.

good point there is a lot of money now including cashed out into FIAT, that would rush into fix any problem, to secure holdings in BTC, further the fork earlier this year just resulted in a good buying opportunity
2268  Alternate cryptocurrencies / Altcoin Discussion / iocoin v ixcoin on: November 28, 2013, 01:59:54 AM
If I understand correctly, IOcoin is the same as IXcoin but without the "scammy" launch

accordingly I don't see why IOcoin wont overtake IXcoin, thus IOcoin in for at least a 500%  rise.

2269  Bitcoin / Bitcoin Discussion / why don't we just use scientific notation for btc units on: November 27, 2013, 01:36:46 PM
5e-3 = 0.005

2.4e-6 = 0.0000024

and so on you can choose how you feel confortamble

eg 24e-7 instead of decimals 2.4e-6

this would also allow the masses to raise their Science a bit.

its good for multiplying as well

12e3 x 5e-4 = 60e-1 = 6

2270  Bitcoin / Development & Technical Discussion / QT issue, adding up < what blockcahin shows and what on what address? on: November 27, 2013, 07:35:44 AM
So I have checked 4 of my addresses in the QT on blockchain and they all add up to X BTC

however the QT show a number Y which is less than X

I have used the console commands to get balance on each and it shows 0.00 on each address.

I have checked and I can dump all the relevant private keys.

any hints as to what could be going on, or how to investigate further, in the QT only as I do not want to import priv keys to online or other wallet

I am fully sync'd

2271  Economy / Speculation / Re: Chances of $150 again on: November 26, 2013, 10:50:10 PM
it could drop 16x so back to $60, as it went from $32 to $2
2272  Bitcoin / Bitcoin Discussion / Re: People becoming aware of BTC on: November 26, 2013, 09:44:39 PM
Problem is though that everybody I hear about it speaks on it as an investment opportunity. If nobody sees it as something to pay groceries with, the bubble will burst soon enough as it is actually useless.

no, btc will be used for high value buys, houses, cars, holidays,and financial settlement and safe havens store of value, money transfer, paying for high value services. That's worth much more than the groceries, coffee etc transactions, eg there was a $150 Million worth of BTC moved the other. How can you do that in any other financial system for cash. Any user has this power
Hopefully it will be used for everyday payments to in a couple of years, otherwise the everyday user would not have any real use of it!

every days users will use it. It will be like an investment / store of value, that you can immediately sell or use if you choose, and how a coin like EMU will solve the every day use
2273  Bitcoin / Bitcoin Discussion / Re: People becoming aware of BTC on: November 26, 2013, 08:49:06 PM
Problem is though that everybody I hear about it speaks on it as an investment opportunity. If nobody sees it as something to pay groceries with, the bubble will burst soon enough as it is actually useless.

no, btc will be used for high value buys, houses, cars, holidays,and financial settlement and safe havens store of value, money transfer, paying for high value services. That's worth much more than the groceries, coffee etc transactions, eg there was a $150 Million worth of BTC moved the other. How can you do that in any other financial system for cash. Any user has this power
2274  Alternate cryptocurrencies / Altcoin Discussion / LTC going to $1Billion, $BTC going to $50/$100B near future on: November 26, 2013, 08:35:53 PM
LTC looks like it is going to a $1 B cap. Given the difference in media and funds at the current time for BTC I don't see why BTC would not be going to $50 B or $100B cap in near future
2275  Bitcoin / Bitcoin Discussion / Re: Bitcoin isn't worth it for consumers. And that will stop adoption. on: November 26, 2013, 10:47:59 AM
No one in their right mind is going to use BTC as a currency as long as they expect the value to keep rising. Why spend something now that might be worth 100x as much next year... 
You know your cash will be worth less this time next year, thats the incentive to spend it.

well you can, you just replace immediately what you spend, and your were going to spend that anyway, but I do take the point the cost purchase %. However its still cheaper for overseas transactions then interbank rate, or money exchangers
2276  Bitcoin / Bitcoin Discussion / Re: Bitcoin and wealth redistribution, ad absurdum. on: November 26, 2013, 09:47:53 AM
Your argument relies on the postulate that Bitcoin is going to become a global standard. There isn't anything coercing the world economy into adopting Bitcoin. On the other hand, "those with a big stash of the old currency" already have enough wealth that they could prevent Bitcoin's widespread adoption.

yes there is, you can transfer x $billion to whoever you want with BTC, across borders and jurisdictions, in about 10 minutes, for free, with a 10T market cap this will be done.

No other financial system gives this sort of power and flexibility, to every one/entity. Imagine the amount of banking infrastructure, laws, regulation, and all the associated cost in running it.

There's probably at least 2 trillion tied up in realestate, wages, IT, regulation, that can go from the retail and commercial banking sector alone due to bitcoin, and ok it takes money to run BTC, but that's where PPC or Emunie come in, to meet that issue, cheap to run as well.
2277  Bitcoin / Bitcoin Discussion / People becoming aware of BTC on: November 26, 2013, 09:35:41 AM
So  I was in the CBD of a major city today, and walking along in the commercial district, I happened to overhear two "typical" businessmen type discussing BTC.

The conversation went

"it records every transaction and every body can see them"

"Yeah???"

"but no one really know who owns them...."

etc etc

I got the sense that the two financial types investor types, were trying to grapple with something that they couldn't quite grok.

A sort of whats happening?, but no gov backs it...., you can't just make up money, I don't get it?, what does this mean for me?...it worth what $10 Billion? combination of "feel" was going on

It seems financial types who play in the gov fiat are becomeing dimly aware of the straw house built on sand they occupy.

I like to occasionally mention BTC in a conversation

I was paying by visa (I felt dirty/heretical....come on emu save me)

I mention "one day I will pay you with bitcoin....have you heard of it?"

She replied "yes...!"
2278  Alternate cryptocurrencies / Altcoin Discussion / Re: Protoshare Giveaway on: November 26, 2013, 08:12:50 AM
PuJn9odBhFXAcD5skTBMLo4JaSSKaeRUk6

thanks in advance
2279  Economy / Speculation / Re: Chances of $150 again on: November 24, 2013, 10:27:38 PM
Numbers like $100 and $50 are NEVER going to happen again unless bitcoin dies.  There's just no way to support it.

You sound way too confident here.

You might be proven right but your estimation of the probability is way off since it is only half the current price (little more). That is - always - possible in bitcoin, with reasonable probability simply because it has happened many times in the past, even when bitcoin was alive and well. Smiley  

It's possible when the current level is wildly above the adoption curve.  This $250 is a much stronger $250 than the $266 in April.  And the $120 last month was desperately low compared to the curve.  And then a billion Chinese people got on board.

What adoption curve do you mean?

I've never seen this curve that was low compared to $120 last month. Please draw me that line  Grin

I get the impression you are just making stuff up here on the go though.  Roll Eyes

Therefore, and therefore only, I still prefer Bitchick! Wink

Just don't forget this is all a commodity market, this recent uptick in price says nothing in regards to increased merchant adoption, increased transactions, etc.  So while this pricing level is supported, the only thing supporting it is the excitement of all the new folks piling on.  There are a lot of people who are buying at > $200 who will be pretty miffed if a walrus drops a bunch of coin and they lose the sparkle in their eye for the epic rise of BTC.  Same thing happened in April, huge excitement and then people were digging graves for BTC a few weeks after they hopped on board.  Now we're here again with no apparent reason short of excitement.  And excitement always gets corrected.

Or to be more specific, excitement is awesome for the folks who are holding, but for many there is a point where the financial reality outweighs the "moon" potential and the desire to cash out sinks in.  Net result is either whales get larger or new buyers "luck out" and "buy in cheap".  Reality is that after a while folks aren't going to want to purchase mBTC amounts because the cost of ownership or adoption is too high without any real benefit, i.e., there isn't much you can buy with BTC and everyone out there still pegs BTC against an actual fiat value for any physical purchase, so the BTC price will always be an "exchange" value for what the real price is.  So in that case, why jump on board for your $260USD/1BTC with exchange and transfer values attached if you could instead take your $260 and go directly to *any* store to make a purchase? 

BTC has not proven itself as a currency, and like previous boom/bust cycles there is a theoretical wall for adoption because there are only so many people who will "buy in" to the market.  The alternative, sadly, is we see a massive consolidation of BTC into very few hands, leading to the same problems we see in the current global economy.  And then people move on so that the whales can have a whale party and everyone else finds something not corrupted by the influx of massive amounts of fiat and the dreams being sold.

no its not all a commodity market, it already has the use that you can send 150 Mill worth from A to B for free, almost anywhere it the world, at will no restrictions, I'm not sure of any bank that can do that , or any other financial institution. So put all the banking systems, IT, real estate, security, etc together and give me 1% of their value and that would be way over BTC 10 Billion MKT cap
2280  Economy / Service Discussion / Any Australians have experience with withdrawal times on GOX on: November 24, 2013, 08:50:16 PM
Any Australians have experience with withdrawal times on GOX to AUD

what was the fastest way if any to do this?
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