Bitcoin Forum
June 21, 2024, 11:08:28 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 [121] 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 ... 361 »
2401  Other / Beginners & Help / Re: will the bitcoin reach $1000 one day...? on: August 20, 2013, 03:23:18 PM
Im afraid your wrong. Bitcoin its 010101's only its worth nothing.  IF you ever play an RPG game is the same thing.

Ask any person how much World of Warcraft Gold was worth 5 years ago and what is worth now.

Bitcoin and Playing WoW is pretty much the same concept except that to find gold in WoW you had to sit their for a while to find it.  Eventually they came out with WoW Bots that did the job for you ... same as Bitcoin a bot decoding encrypted files/blocks...

Dollar or any currency is 100% backed by Gold or valuable Minerals. When a country does an currency exchange they exchange by gold.

Are you a troll? USD hasn't been backed by gold since before the 70's. It's backed by nothing but the people willing to accept it for payment, and the government and central banks promising they won't devalue it through hyperinflation.

As for your WoW comparison, the difference between Bitcoin and WoW is that Blizzard can make as much WoW gold as they want (thus making everyone else's gold worth a lot less), or worse, Blizzard can just shut down WoW, or be shut down by someone else, making WoW gold instantly worthless. Bitcoin isn't owned or operated by anyone, so no one can make bitcoins on a whim, and no one can shut down bitcoin. That's why Bitcoin is so valuable and has so much support.


Even if USD was backed by gold, you still have to rely on the promises of politicians that they will give you X amount of gold for Y amount of USD. So, whom do you trust more? A promise of a few politicians who have shown to be professional liars? Or a database secured by math, and computing power that is greater than 500 of the world's top supercomputers combined?
2402  Bitcoin / Bitcoin Discussion / Re: [ANN] Bitcoin Foundation Board Election Details Announced on: August 20, 2013, 03:14:37 PM
Hearing about the grants for web wallets didn't exactly make me think they are spending the funds correctly as well.

Grants for web wallets? I missed that news. Can you elaborate of provide a link please?
2403  Bitcoin / Bitcoin Discussion / Re: [ANN] Bitcoin Foundation Board Election Details Announced on: August 20, 2013, 12:27:44 AM
Yes of course I know the California letter. I think that was handled great but that is because Patrick and the legal team for the foundation are that great! Maybe in my mind I heard foundation and thought it would be a step above all of us. I want to say "WOW' due to something the foundation does.


What has the Linux foundation done that made you go "wow?" My understanding is that foundations, being nonprofits and not for the purpose of designing or coming up with products and services, mainly exist to support things from the background, and thus are not really recognized or noticed for the little tweaks they do here and there.

Oh, how's this: When Gavin releases his multi-sig/multi-device authentication to the Bitcoin wallets, where your coins can no longer be stolen because they require two devices or a device and a service to spend, would that be a wow? That would be something that, at this point, is paid for directly by the foundation.
2404  Other / Politics & Society / Re: Assault weapon bans on: August 20, 2013, 12:20:31 AM
I just want say hooray for Russians smuggling in illegal contraband, and selling it out of their stores "under the counter." It's the only way I've been able to get kinder eggs in USA.

Also, how long till we have an assault weapon that requires a 3D printer and a trip to a local Home Depot?
2405  Bitcoin / Bitcoin Discussion / Re: [ANN] Bitcoin Foundation Board Election Details Announced on: August 19, 2013, 09:55:24 PM
Work their asses off? What board member is working their ass off? None, I have yet to see a board member do more for bitcoins than me or any other bitcoiner. It is a sham, and you are caught in it.

Did you see the long legal letter that was sent to California in response to the claim that the Foundation was being a money transmitter? That was at least public. Other than that, their members are flying all over the place, meeting with groups and politicians. That you don't really hear about. But they are working their asses off.
2406  Local / Meetings (Nederlands) / Re: Bitcoin woensdag in Amsterdam - 7 augustus on: August 19, 2013, 09:21:37 PM
https://bitcointalk.org/index.php?topic=266951.msg2966110#msg2966110
2407  Bitcoin / Meetups / Re: Bitcoin EU Convention 2013 (Amsterdam, Netherlands September 26th~28th) on: August 19, 2013, 09:20:26 PM
it would be fun if there was a side "Satoshi square" type meeting.

I'd love to see that happen! Or even a bitcoin marketplace, where people can come and buy/sell random stuff for bitcoin. I'll definitely have lots of coins with me on hand.
2408  Economy / Service Discussion / Re: Butterfly Labs CEO 25 Million USD Mail Fraud — A Concise Summary of Evidence on: August 19, 2013, 09:15:28 PM
The only people who can involve lav enforcement and the legal system are people with "standing," i.e. people who are actually directly involved with BFL, such as customers with pre-orders. Random Citizen can't just sue or sick the cops on a company because they don't like the way it's doing business. If you do have pre-orders, and feel you should be compensated in some way, feel free to go after them yourself, or start putting together a class action lawsuit. Though I suspect that even a (legitimate) threat of a lawsuit would force BFL to give you a refund, at which point you'll no longer have (much) "standing."
2409  Bitcoin / Bitcoin Discussion / Re: Future Proofing - Mesh Networking As Insurance Against ISP Attack on: August 19, 2013, 03:11:17 AM
Oops, caught on now that you were suggesting drones to carry meshnet nodes, not the 'matternet' app. I've considered solar powered lighter-than-air for wireless networking platforms. Use hydrogen instead of helium, replenish lost hydrogen by electrolysis of atmospheric water, electric motors and props for station keeping.

Yeah, I was wondering about that. Is this possible? To create a blimp that uses solar top stay in the air indefinitely?
2410  Economy / Service Discussion / Re: Butterfly Labs CEO 25 Million USD Mail Fraud — A Concise Summary of Evidence on: August 18, 2013, 03:22:48 PM
The BFL version is a REALLY BAD RENDERING where they took a picture of a GPU and superimposed it on a rendered flat object.  (Not unlike the photo-shopped version of the singles they used to sell their last batch of pre-orders).  The fan shown should press up against the face of the card but if you draw a line from the edge of the metal straight back you'll see that the fan is simply a picture on a flat surface... the rendering shows no depth.

If you look at the center cylinder of the fan, surrounded by a circle of blades with the empty space between the center cylinder and the blades, you'll notice that the empty space is narrower at the front (towards the viewer) than at the back. And it's obviously a rendering. They didn't take pictures of anything here. The whole thing is obviously rendered. But so what? That's not a sign of a con. They had bad renderings of a BFL Single circuit board, too, remember?
2411  Other / Beginners & Help / Re: will the bitcoin reach $1000 one day...? on: August 18, 2013, 03:16:33 PM
I think it may even reach 3000$ but it's gonna take at least 60 years. Every four years a block is smaller by 50%. It means that it's harder to mine which increases BTC value.

60 years? Doesn't this assume that there is no new adoption, and all growth is from deflation?
2412  Other / Politics & Society / Re: Entitlement Mentality on: August 18, 2013, 03:14:47 PM
Good point; I'm fairly certain being on welfare while working for WalMart was/is a common thing; I saw it in a documentary, and so I'm just repeating what I've heard, since I've never worked for them and have no plans to.  But we're talking about a rock and a hard place; if we increase the minimum wage, businesses lay-off employees to make up the difference, which merely increases the workload for the remaining employees.  The social safety net catches those laid-off and to pay for all these people to survive without work, we would reappropriate taxes, either from one spot and to another (and social is already one of the biggest, if not the biggest black-holes of tax money, right up there with military and interest on debts), or increase taxation to push into social, one way or another.  On the other hand, if we lower minimum wage, people would still really need that social safety net to get by.  The worker just can't get a break, it seems.

Well, right now an employee is able to get a WalMart job, and say "yes" to the paltry wage, because he knows he can still rely on safety nets to survive. But what if we were to take away the safety nets? Wouldn't employees demand higher wages to make sure they have enough to live off of, or even start saying "no" to the job until it offers more pay? I would think there is some point at which an employee would decide that the pay is low enough to not be worth their time or their effort. In the end, sure, prices at WalMart will go up a bit, but they may be more than offset from everyone not having to pay as much for safety nets.
2413  Other / Politics & Society / Re: Entitlement Mentality on: August 18, 2013, 05:46:53 AM
I honestly don't think your poor taste matters. Even Rassah can't find your opinion useful, given that he's never tried In-n-Out.

Here's some more reliable information:

There is only one information that matters, which doesn't depend on anyone's subjective tastes or polls:

In-n-Out does not employ anyone on the east coast. Boom. Done. Move on.
2414  Other / Beginners & Help / Re: will the bitcoin reach $1000 one day...? on: August 18, 2013, 05:42:02 AM
I doubt bitcoin will hit $1k anytime soon. I know I won't pay $1k for a bitcoin.

Would you pay $100 for a bitcoin? People said they'd never pay $100 for one, when it was worth $4.

Logically this doesn't work. You can always say well it started at X and once was X. This doesn't hold any weight in how the price is determined. 

So, logically you will pay $1k for a Bitcoin when it's worth $1,000?
2415  Economy / Service Discussion / Re: Butterfly Labs CEO 25 Million USD Mail Fraud — A Concise Summary of Evidence on: August 18, 2013, 05:39:46 AM


Look at that bullshit picture.  It's like an M C Escher mobious strip... that fan is 2d in a 3d form!

They are not even trying anymore. 


Um, what are you talking about? That's a standard centrifugal blower fan. They're pretty standard on GPUs.

2416  Other / Politics & Society / Re: Entitlement Mentality on: August 17, 2013, 09:19:24 PM
Then, for shits and giggles, I went across the street to check out business at the McDonald's. I counted 5 employees, 18 patrons, and one car in the drive-thru. The one guy at the register was twiddling his thumbs because he had no one to serve.

Their building was over half the size of In-n-Out's.

Maybe it was because people can get their food within seconds after ordering, and no one has to stick around waiting for their order? McDonald's around my area are packed (despite us having Checkers, Hardees, Burger King, Wendy's, etc), and serve about 300 customers an hour during lunch rush, and about 100 a hour the rest of the day. Average a day for the good ones is about 3,000 customers. So not THAT much worse.

Imagine how empty McDonald's in your area would be if an In-n-Out was next to it.

The two McDonald's that are next to a Burger King and a Checkers (which makes burgers way better than any other fast food place) are doing just fine, usually being quite full. The other places are a bit empty. Reason is because people prefer uniformity to quality. They go to a McDonalds knowing exactly what they will get, as opposed to wanting to experiment with new things. And that, by the way, is the McDonald's version of WalMart's supply chain. McDonalds is beating everyone around the world because they were the first to set up a uniform burger standard around the country. Regardless of which Mcdonalds you go to in the country, you know exactly what you are going to get.
2417  Other / Beginners & Help / Re: will the bitcoin reach $1000 one day...? on: August 17, 2013, 07:48:05 PM
Bitcoin's inflation will be getting smaller and smaller. If this cryptocoin survive through many years it is natural to have high price like $1k because of mentioned inflation. However noone knows if it will survive so many years - goverment interventions are still an issue. They can close all the major exchanges and let BTC to die slowly  Cry

I doubt bitcoin will hit $1k anytime soon. I know I won't pay $1k for a bitcoin.

Would you pay $100 for a bitcoin? People said they'd never pay $100 for one, when it was worth $4.
2418  Other / Politics & Society / Re: Entitlement Mentality on: August 17, 2013, 07:46:56 PM
Then, for shits and giggles, I went across the street to check out business at the McDonald's. I counted 5 employees, 18 patrons, and one car in the drive-thru. The one guy at the register was twiddling his thumbs because he had no one to serve.

Their building was over half the size of In-n-Out's.

Maybe it was because people can get their food within seconds after ordering, and no one has to stick around waiting for their order? McDonald's around my area are packed (despite us having Checkers, Hardees, Burger King, Wendy's, etc), and serve about 300 customers an hour during lunch rush, and about 100 a hour the rest of the day. Average a day for the good ones is about 3,000 customers. So not THAT much worse.
2419  Other / Politics & Society / Re: Entitlement Mentality on: August 17, 2013, 07:43:12 PM
1. They were calling order #45 when I walked in. When I walked out they were calling order #15, wrapping around from 100. That's 70 orders, each on average representing a party of two, totaling 140 meals in 25 minutes.

Sounds like they are very inefficient, and can't handle the capacity. Maybe they should open more stores, so they can serve 100 meals at two stores in 5 minutes.

2. 17 employees. 3 to 4 working the registers. 1 to 2 cleaning tables and tending the beverage bar. The rest in the kitchen.

Again sounds very inefficient. You don't need more than 1 employee cleaning the tables AND tending the beverage bar. And even if you have 4 employees at the registers, and 2 cleaning the tables, that still leaves 17-4-2=11 employees in the kitchen. The hell do you need all those people there for? It should be 1 taking drivethrough orders and collecting cash, 1 running bags from kitchen drop-off to windows and registers, and maybe three in the kitchen putting together burgers conveyor--belt style, with mane one manager helping out. 6 is enough.

3. I counted 84 patrons, either seated at tables, in a line to order, or waiting for their order to go.

Yep. Not efficient enough. You should only see patrons at the table, and barely anyone in line or waiting for their order. Otherwise it means the restaurant is not able to keep up. Even with 11 people. They should open another store.


4. I ordered a combo meal for $5.20. I got a soda, a large carton of delicious fries that were in full unpeeled never frozen potato form only fifteen minutes prior, and a cheeseburger with lettuce hand leafed only minutes prior, and fresh onions and tomatoes. It's far more delicious than anything McDonald's offers, and actually fresh, and frankly, cheaper than an equivalent McDonald's meal.

Yay! Good for you! How long did you wait?


And, again, the most important queston: who has more employees, McDonald's Corporation, or In-n-Out? If if McDonald's (obviously it's McDonald's), then why doesn't In-n-Out open more stores? I mean, according to you, they have a much better business structure than McD's, so obviously it shouldn't be a problem for them to take over the Burger/Fast Food market. What's stopping them?
2420  Other / Politics & Society / Re: Entitlement Mentality on: August 17, 2013, 03:56:30 PM
Walmart is succesful because they are cheap. And while their supply system contributes to that the main reason is that they pay very low wages. So low that many of their employees are on food stamps. Effectively they get cheap government subsidized workers That's another side of entitlement mentality.

Nah, that's the popular media reason for it. They are cheap first and foremost because of their supply system (their warehouses are fully automated, working like network hubs, routing packages from truck bay to truck bay, with trucks working like network cables to deliver the packages over roads). Low wages is a minor part of it, and other more expensive stores, including Target, as just as guilty of it. But, of course, if all you've done is go to he store and shop there, you would conclude that it's just the wages.

Never concluded any such thing, did I now? What I did was make conclusions about fast food.


Based on the same "I bought burgers from there, so I know" reasoning  Roll Eyes
Pages: « 1 ... 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 [121] 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 ... 361 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!