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261  Bitcoin / Bitcoin Discussion / Re: Breaking News: U.S. Based Group Offers Mt.Gox Acquisition + Revival on: April 11, 2014, 12:59:52 PM
Why would they associate themselves with an entity despised so much by the Bitcoin community? The Gox brand is tainted forever.
262  Bitcoin / Bitcoin Discussion / Re: Is China a long term problem for Bitcoin? on: April 10, 2014, 07:54:23 PM
We do not need China at all for BTC growth.
Big VC $$$ is pouring into Bitcoin companies, and at this point China activity is no longer vital.
The market could recover quickly.

Wow, you're quiet an expert. China is only the largest economy in the world.
263  Bitcoin / Mining / Re: US Mining Hardware Deduction/Depreciation on: April 10, 2014, 04:55:54 PM
...I buy Bitcoin and mine Bitcoin, buy more gear with Bitcoin...

...My primary change would be there's nothing reportable until you exchange for dollars, once you exchange then you realize the gain, and mining would simply establish a cost basis...

When you exchange your Bitcoin for equipment you realize your gain...
264  Bitcoin / Bitcoin Discussion / Re: How Bitcoin ATMs could be a lot simpler on: April 09, 2014, 05:19:39 PM
How exactly does one withdraw BTC from an ATM?

BTC does not exist in physical form....... what exactly do you get back from the ATM machine?
265  Bitcoin / Bitcoin Discussion / Re: Industry Group Aims to Change Bitcoin Symbol on: April 09, 2014, 01:34:11 PM
Yeah, how about we let some randoms come in and demand to change a widely recognized symbol.

No way... if you're an early adapter, make your voice heard.
266  Bitcoin / Bitcoin Discussion / Re: Are Americans Really So Ignorant and Repressive? (Want to Ban Bitcoin) on: April 08, 2014, 07:56:17 PM
What does a choice currency have to do with freedom?


Survival is first priority. Everything else comes after.

If fiat money gives me access to food and water, it's fiat money for me. If Bitcoin gives me access to food and water, I'll consider which one gives me access to more food and water.

I'm a free man but only as long as I'm alive.

You may not see yourself as a slave of the government but are you a slave of money? What are you a slave of?


Reading thro your post history, wow you're a fcking hater arent you?

a typical grape sour.....



A hater of ignorant fools like you - yeah.
267  Bitcoin / Bitcoin Discussion / Re: Are Americans Really So Ignorant and Repressive? (Want to Ban Bitcoin) on: April 08, 2014, 07:09:38 PM
What does a choice currency have to do with freedom?


Survival is first priority. Everything else comes after.

If fiat money gives me access to food and water, it's fiat money for me. If Bitcoin gives me access to food and water, I'll consider which one gives me access to more food and water.

I'm a free man but only as long as I'm alive.

You may not see yourself as a slave of the government but are you a slave of money? What are you a slave of?
268  Bitcoin / Bitcoin Discussion / Re: 1 Hour Confirmation Time on: April 08, 2014, 02:18:37 PM
Not fishy, perfectly normal. The average being  ~10 minutes doesn't mean the longest is 20 and the shortest is 1. It's random so there will be outliers in the amounts of time it takes. I don't know what the longest time is, but it wouldn't surprise me if it were 3 hours or more

"Random" is not good enough for the real world.
269  Economy / Service Discussion / Re: TigerDirect Accepts Bitcoin on: April 08, 2014, 01:31:27 PM
Newegg owes Bitcoin a LOT for boosting its GPU sales, they better start accepting BTC soon..........
270  Bitcoin / Bitcoin Discussion / Re: Gavin Andresen Steps Down as Bitcoin’s Lead Developer on: April 08, 2014, 12:34:04 PM
The experiment is coming to an end.
271  Bitcoin / Bitcoin Discussion / Re: [2014-04-07] Satoshi's B-day on: April 07, 2014, 01:54:23 PM
Happy Bday Dorian!
272  Bitcoin / Bitcoin Discussion / Re: How much longer do you think Bitcoin will last? on: April 04, 2014, 03:48:43 PM
very interesting poll !
crypto-currency is here to stay

Crypto - yes, Bitcoin - ?

That's the fundamental question.

Bitcoin is crypto, crypto is not Bitcoin.
273  Bitcoin / Development & Technical Discussion / Re: Why a fixed transaction fee? on: April 03, 2014, 05:08:54 PM
I mailed my friend a nickel and it cost 49 cents in postage!! The postal service should change their fee based on if you have a nickel inside or not.

I gave my friend a nickel in person and it cost me absolutely nothing in postage.

We could exchange the same nickel between us 100 times per minute forever and still have the whole nickel at the end.

Try that with Bitcoin.
274  Bitcoin / Bitcoin Discussion / Re: Public Service Message: Backup your wallet on: April 03, 2014, 02:50:56 PM
I'm willing to host people's backups on my hard drive free of charge.

You can never have too many backups.

We need to help each other out during these tough times.
275  Economy / Speculation / Re: I'm Out on: April 02, 2014, 08:05:24 PM
Just got in, lol.  I can't see how crypto won't be big in 5 years.

Crypto - yes, Bitcoin - not necessarily.
276  Bitcoin / Legal / Re: IRS Bitcoin is Property - Money Laundering Allegations no longer valid? on: April 02, 2014, 07:15:26 PM
Law doesn't work backwards.

It's still money laundering even if it involves exchanging tainted money for property and vice versa..
277  Bitcoin / Bitcoin Discussion / Re: Best quote from Satoshi on: April 02, 2014, 04:38:10 PM
History will show whether miners can be trusted to keep a virtual currency going.
278  Economy / Trading Discussion / Re: What information is important about exchanges to you? on: April 01, 2014, 06:45:32 PM
How many times will you try to Goxxx me? Will you provide advance notification?
279  Bitcoin / Bitcoin Discussion / Re: What is Bitcoins Purpose? Or have we Forgotten.. on: April 01, 2014, 02:41:35 PM

Makes sense...draw in the investors looking for a quick buck, then they'll draw in more in hopes of increasing the demand and price of the crypto, leading to wider adoption, until the choice comes down to the majority or rest of the population to accept it as a currency or not, even though it already functions and is used as a currency.

That's called a pyramid scheme and that's why Bitcoin's not working.  You can't have a currency with the mantra of "buy and hold", when they need to "buy and spend".  Otherwise, Bitcoin is not useful and it remains poorly distributed.  Doesn't matter how many business jump on the free advertisement hype, people can't spend what they don't have.  I'm not sure what Bitcoin's purpose is other than "to the moon".  Good for speculators (maybe) useless to the general public.

If you think about it, the usd/fiat system is a pyramid scheme too..

If you think about it harder, the whole human existence is a pyramid scheme too...

The strong pray on the weak.

Some pyramid schemes are just necessary for our survival.
280  Bitcoin / Bitcoin Discussion / Re: [Idea] Decentralized Press based on Bitcoin's Protocol on: April 01, 2014, 02:21:00 PM
What is decentralized press and how does it benefit in searching for useful/relevant information?
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