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News: Latest Bitcoin Core release: 27.0 [Torrent]
 
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261  Economy / Economics / Re: Bitcoin going down forever? on: March 30, 2014, 07:19:58 PM
W-E-A-K H-A-N-D-S
262  Bitcoin / Bitcoin Discussion / Re: [POLL] Are you getting off the train? on: March 29, 2014, 05:55:27 AM
I'm programmed to do two things:

1. Buy bitcoins
2. Buy more bitcoins
263  Bitcoin / Bitcoin Discussion / Re: China orders banks to shut Bitcoin exchange accounts on: March 27, 2014, 05:32:06 PM
How generous of them!




... More hoard for me.
264  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin 2.0 - being shut down by Bitcoin 1.0 core devs? on: March 26, 2014, 04:59:24 PM
Sorry... but when I download the Bitcoin blockchain, I am hosting it for Bitcoin, not Mastercoin, not Colored Coins...

(Bitcoin) Blockchain serving anything anything other than Bitcoin is considered parasitic.
When I downloaded the blockchain, I don't want anyone to use it for buying pornography.  But we don't get to decide what people use the blockchain for.  

Besides, 'mastercoin' isn't something 'new' at all.  It is merely 'bitcoin on steroids'.  It is still bitcoin.  It is just 'high performance bitcoin'.  Why do you insist 'it is something - not bitcoin'.  Mastercoin is bitcoin+.  It's bitcoin.
Your analogy fails it. By your logic, it's okay for Bitcoin's blockchain to require you to download Quark's blockchain as well. After all, we don't get to decide what people use the blockchain for... the extra 40 bytes is but a small example of that.

Bitcoin's blockchain is for bitcoins, any extra information attached to the blockchain to host other coins increases the energy expended to maintain it. Isn't that by definition parasitic?

From your past posting, it seems like you're pimping out MSC and Counterparty bullshit for your own interests... tell us, how many MSC do you own?
265  Economy / Speculation / Re: Bitcoin Is Dying, And why it is different this time. on: March 26, 2014, 04:45:42 PM
2011 just called and they want their dead horse back.
266  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin 2.0 - being shut down by Bitcoin 1.0 core devs? on: March 26, 2014, 08:55:16 AM
Sorry... but when I download the Bitcoin blockchain, I am hosting it for Bitcoin, not Mastercoin, not Colored Coins...

(Bitcoin) Blockchain serving anything anything other than Bitcoin is considered parasitic.
267  Economy / Speculation / Re: Prepare for March 16 Dip on: March 19, 2014, 09:10:21 AM
I saw a dip today...



... it was delicious!  Grin
268  Economy / Speculation / Re: Early adoption stage on: March 19, 2014, 08:58:37 AM
People who think Bitcoin is nearly maxed out at $8 billion market share are either bad at economics, math, history, or all of them.  Wink


uhh,  and i thought is was other way around:




 Cheesy

Lololololol

2011 just called and they want that image back (and their $2 Bitcoins).

269  Economy / Speculation / Re: Early adoption stage on: March 19, 2014, 07:51:07 AM
People who think Bitcoin is nearly maxed out at $8 billion market share are either bad at economics, math, history, or all of them.  Wink
270  Economy / Speculation / Institutional Investor: Bitcoin Exits Mt. Gox and Heads to Wall Street on: March 18, 2014, 09:19:20 AM
http://www.institutionalinvestor.com/Article/3320376/Bitcoin-Exits-Mt-Gox-and-Heads-to-Wall-Street.html?ArticleId=3320376&p=1

"How big is the Bitcoin market? The Winklevoss twins peg it at $400 billion. SecondMarket's Silbert sees it at 5 percent of investments in gold - about $350 billion. Wedbush Luria says Bitcoin will take a bite of the $1.9 trillion financial gold market and both global foreign currency reserves (a $7.5 trillion market) and a safe-haven currencies ($4.3 trillion). To the extent that Bitcoin caputres a slice of the combined $13.7 trillion from these three markets, it could drive up the price ten to 100 times, Luria says."

It's nothing I haven't heard, but with the recent pessimism and the "bear" trending... this is a heads up to all the true believers. We're fueling up the Wall Street rocket...

HODL
(until a rival currency shows up... if at all)


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