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261  Economy / Speculation / Re: Bitcoin Chart Entering Risky WWW Behavior on: November 19, 2013, 04:29:38 PM
I think it peaked yesterday and will be rolling around the 600-700 mark today.
262  Economy / Economics / Re: 1 Bitcoin $1 Million thought experiment on: November 19, 2013, 04:27:05 PM
Good luck cashing it out, LOL
263  Economy / Economics / Re: Backing bitcoin with gold through a trust on: November 19, 2013, 04:22:36 PM
I am not an economics geek, so take it easy if this idea is stupid Smiley

I see bitcoin as mere bubble because of the following reasons:
There is noway to determine the lower boundary of BTC when it start to tumble.
There is no way to stop other dozen *coins to leech value from BTC creating the digital equivalent of money printing.

To solve the above two problems:
why not we try to work out a Bitcoin trust, which operates completely transparently based on gold donations.
BTC trust should promise, gold redemption to BTC based on available gold reserve to bitcoins available.

may be we can tweak bitcoin protocol to transfer a small amount of fee (voluntarily) to the BTC trust.
The small fee could be turned back into gold reserve based on previous redemption rate.
This way once BTC trust after bootstrapped with donated gold, it can grow its gold reserve in a cumulative fashion.

BTC trust should not turn into another central bank, so it has only one function.
Accept gold donation and promise gold redemption to BTC based on available gold reserves transparently.period.

If people donate for companies based on opensource software products, certainly
people will be glad to donate for this opensource gold reserve...

so...
did I solve the BTC bubble problem?

The only way this would work is if any Bitcoin holder could redeem his Bitcoin for the reserve gold.
Not going to happen unless you get someone, or a government with immense resources behind this idea.
264  Economy / Lending / Re: 1 BTC for 21 days - domain name to back up on: November 19, 2013, 04:19:16 PM
Looking for 1 BTC loan for 21 days.

Will repay 1.20 within that time.

Have a couple of domains wotrh more than this.


Why does it cost $670 to backup a domain?

What domains do you have as collateral? List please.
265  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: November 19, 2013, 03:55:53 PM
Nothing, Bitcoin is the NWO currency.

NWO is not a good thing I don't think.


It means more Obama like control of the world and big brother watching / controlling everything even more then they are today.

If Bitcoin is the NWO currency, prepare for the establishment to take it over  Undecided

Redlisting or blacklisting coins sounds like one way for them to achieve that.
266  Alternate cryptocurrencies / Altcoin Discussion / Re: [Updated] Guide To Pool Cloud Mining Protoshares - Also get free PTS! on: November 19, 2013, 04:01:21 AM
Guys, be on the look out for a guide to get free mining w/ Windows Azure free trial - free money for a month and then you can shut it down and take your earnings - no cost to you. Relatively newbie friendly (no entering code into a command console, its like setting up a new miner on Windows 7)

Looking forward to it.
267  Alternate cryptocurrencies / Altcoin Discussion / Re: If You Had $100 to invest in one Alt-Coin, Which one and Why? on: November 19, 2013, 03:46:21 AM

Gridcoin isn't on any exchanges yet, still pretty new. Dev kind of sucks at marketing it so far Sad

@microguy
I like you guys and your community but getting over the fact GLDcoin had one of the largest instamines of all time, (around 33% of all GLD in existence was mined on day 1) and that your devs first action when they took over GLD was to reduce the block reward from 500 to 45 is a tough pill for me to swallow. The 51% defense caused the coin to fork for every pool when it was installed, and hasn't been tested yet. (that i know of) Akumaburn told me that under a dozen people hold 50% of all gold coin not too long ago. Not talking shit or spreading FUD, just stating my opinion.  I like that you guys haven't given up yet though.

Ouch!

Another nail in the coffin of GoldCoin.


MicroGuy, you can put together thousands of memes for GoldCoin, but you cannot fix a coin that has been heavily premined.

It becomes obvious you are one of the big pre-miners, now hold a majority of the coins, and want everyone to buy in so you can get rich.

Sorry, but for me buying coins is not about making someone else rich. That's all.
268  Alternate cryptocurrencies / Altcoin Discussion / Re: WTB GLD and WDC on: November 19, 2013, 03:42:53 AM
Yes I can... just dunno how to make it work as long as your bank account is from another country and I never transferred money abroad... but we can make it work, but since you have so many negatives in your profile I'll just transfer $2 at a time, I'm done being scammed.

Maybe you should bother reading, instead of leaping to conclusions.


Forget it, I'm not dealing with you.
269  Economy / Service Discussion / Re: Looking for a repuatable business email service that accepts Bitcoin on: November 19, 2013, 03:14:28 AM

Wrote to them.

Unfortunately they are not taking Bitcoin right now, but they say that they will in a few weeks.

I C


They need to hurry up!  Tongue
270  Economy / Scam Accusations / Re: [WARNING] BitPay pocketing over $1000 from me. on: November 19, 2013, 02:35:23 AM
That's sad. Especially considering they are supposed to be the largest service of their kind. Ick!
271  Economy / Auctions / Re: Natural Green Fluorite from Afghanistan on: November 19, 2013, 02:31:50 AM
Post picture please!
272  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: November 19, 2013, 02:24:03 AM
It seems like now is the right time to buy some AM shares, no?
273  Economy / Speculation / Re: We've hit 900 followed by crazy wild swings! on: November 19, 2013, 02:12:13 AM
My head is spinning!

The numbers are just starting to blur together!  Shocked
274  Economy / Trading Discussion / Re: localbitcoins.com discussion on: November 19, 2013, 02:08:03 AM
Can anyone answer me this;
How the hell would a cash for bicoins meeting go down with 10,000 gbp being given over? I've seen people selling for cash with massive top limits...
what the hell? dodgy no?!

Big purchases like that, you better do at a place like a bank (the irony) or at least a place with many security cameras and or security guards.
If you talk to a banker that's friendly, they might let you use their lobby or even a desk to conduct the transaction.

You might even consider renting your own security guard for the day to make sure nothing happens  Wink

Money spent on security is money well spent.
275  Economy / Trading Discussion / Re: Coinbase not accepting any new buy orders on: November 19, 2013, 01:53:21 AM
Remind me never to do business with Coinbase. What a bunch of opportunists!  Angry
276  Economy / Scam Accusations / Re: beware - scam artist trick506 - Tim Trickett on: November 19, 2013, 01:48:50 AM
According to the property report, this is what comes up for the Fitchburg address:


Primary Owner:    LARKIN LT; LARKIN, JOHN P
Secondary Owner:    
Mail Address:    1070 ASHBY WEST RD
FITCHBURG, MA 01420-6632
Site Address:    11 BENNETT RD
FITCHBURG, MA 01420-1301
APN:    FITC M:069R B:0012 L:0



The owner of the house is John and LT Larkin.
They may not be connected or just be the homeowners who rent to him. Hard to tell at this stage.

That property's mail address shows:


Primary Owner:    LARKIN LT, ; LARKIN, JOHN P
Secondary Owner:    
Mail Address:    
Site Address:    1070 ASHBY WEST RD
FITCHBURG, MA 01420-6632
APN:    FITC M:00S4 B:0009 L:A



When Tim Tricket's name is run:


Timothy P Trickett
1015 Revere Beach Pkwy   
Revere, MA 02151   (781) 289-0341

Timothy Trickett     
11 Bennett Rd   
Fitchburg, MA 01420   (978) 343-3060   



So it does look like he is renting the 11 Bennett Rd address from the Larkin family.

John Larkin's info comes up as:


John P Larkin     
10 B Hulbert Rd #B B   
Worcester, MA 01603   (508) 799-2541


I'm sure he might be able to help provide more info about Mr. Trickett.
277  Economy / Scam Accusations / Re: Chaang Noi (Goat) is a proven Liar and a Bully on: November 19, 2013, 01:44:15 AM
Goats a reasonable guy. He's very logical in the posts he makes, even when they are opinionated.
278  Economy / Scam Accusations / Re: User "critical" - Sending Virus links on: November 19, 2013, 01:39:03 AM
I got a PM from him to talk on Skype. When I said I don't use Skype, he sent this:


critical
Re: (No subject)
« Sent to: AndrewWilliams on: November 18, 2013, 10:50:31 PM »

Get BitChat please and get me your ID.
Download: http://www.ochosinvest.com/BitChatSetupv4.1.021.exe [DONT CLICK]



When I asked him who the hell he was he responded:


"I want to buy BTC and you contacted me ealier."


I don't sell BTC right now on this forum, nor have I ever talked to him.
279  Economy / Trading Discussion / Re: localbitcoins.com discussion on: November 19, 2013, 12:59:12 AM
Yes, it definitely can be slow at times.

Makes waiting for the buyer or seller to come online feel even longer.
280  Economy / Trading Discussion / Re: A new platform to trade Bitcoins: BTX Trader on: November 19, 2013, 12:57:58 AM
Awesome! I am downloading it now and will post feedback as soon as I play around with it.

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