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261  Other / Off-topic / Re: Team Satoshi Action Figures on: November 29, 2011, 07:51:10 AM
How about a Satoshi Kart in Super Tux Kart?

http://supertuxkart.sourceforge.net/

 
262  Economy / Marketplace / Re: Bitcoinica - Advanced Bitcoin Trading Platform on: November 29, 2011, 07:49:14 AM
Looks like the new bitcoinica UI is up!
263  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANNOUNCEMENT] Vircurex.com - open for trading Litecoins on: November 11, 2011, 02:03:46 PM
Hi Kumala, really loving using your exchange. Can I suggest TBX trading too?

264  Alternate cryptocurrencies / Altcoin Discussion / Re: [800,000 DVC remaining bounty] for Devcoin preliminary testing on: November 10, 2011, 04:02:18 AM
Out of curiosity, what is everybody's take on the purpose and goals of devcoin? (Especially Unthinkingbit's opinion)

The way I see it it's a token currency to allow open source projects to trade resources and to pay people for contributions. When you start an open source project you have ideas that there will
be lots of people helping you just because you made it open source yet the reality is that many projects have just one or two developers doing most of the work. Devcoin allows people to help kickstart new or further develop existing projects and get some outside help.
265  Alternate cryptocurrencies / Altcoin Discussion / Re: [800,000 DVC remaining bounty] for Devcoin preliminary testing on: November 09, 2011, 04:13:15 PM
I've started writing the draft announcement for the project in-utero bounty.

http://www.in-utero.org/index.php/topic,6.msg6.html

I will revise it and add more details tomorrow. I have probably added far to much information (for background) in some parts and not enough in others.

I will also need to describe the requirements better for the story and the illustrations.

The next bounty will be for an animation of the rejuvenation processes that will be uploaded to youtube.
266  Bitcoin / Bitcoin Discussion / Re: Possible to buy foreclosed houses with bitcoin? on: November 09, 2011, 01:14:33 PM
Well in Australia you can buy land and then rent it out to farmers. That is more profitable than buying houses and renting them out to people which is usually at a loss; taken as a tax deduction called negative gearing.

You can get an idea of how expensive houses are in Australia by looking at these new house and land packages here:

http://www.wowhomes.com.au/packages

These are in Suburbs really far from the CBD sometimes almost an hours drive and Perth is only a small city e.g. about 1.4 million people.

Sometimes you can buy a house on a mortgage and rent out each room and just break even but you are taking all the risk.

yeah in general to break even in perth you'd need to put in about 50% cash. i.e. for a $500,000 house, you need to put in about $250,000 and borrow the other $250,000 so that your mortgage is approximately the same level as the rent.

negative gearing won't mean much for you caston because i'm guessing your tax bill on $20k isn't much ($500 p.a.?).


Well I've never gone up past the lowest tax bracket before and that is even getting moved up now with the carbon tax.

It sounds like a huge waste of cash doesn't it to buy a house. I always wanted to buy a commercial property and rent it out but for that you need 30% deposit plus playing lenders mortgage insurance and that only covers the lender liabilities.

The problem is of course that rents (while lower than the cost of buying a house) are still pretty high. I'm actually self-employed and sometimes I might not get more than a few billable hours in a whole week. I was working for a while in a call centre job but that contract ended. Anyway I digress.

Is there some conceivable way we can use our economy to invest in property?
267  Bitcoin / Bitcoin Discussion / Re: Possible to buy foreclosed houses with bitcoin? on: November 09, 2011, 10:17:35 AM
Well in Australia you can buy land and then rent it out to farmers. That is more profitable than buying houses and renting them out to people which is usually at a loss; taken as a tax deduction called negative gearing.

You can get an idea of how expensive houses are in Australia by looking at these new house and land packages here:

http://www.wowhomes.com.au/packages

These are in Suburbs really far from the CBD sometimes almost an hours drive and Perth is only a small city e.g. about 1.4 million people.

Sometimes you can buy a house on a mortgage and rent out each room and just break even but you are taking all the risk.
268  Bitcoin / Bitcoin Discussion / Re: Possible to buy foreclosed houses with bitcoin? on: November 09, 2011, 07:35:46 AM
Yeah you are right about there being a lot of traps. Shame I can't get a house in Perth for the same price as one in Detroit. Although at one point everyone will be saying that its crazy to buy a house but a few people actually do and then when things finally do recover they have some solid assets. If not houses what about other things such as farmland?
269  Bitcoin / Bitcoin Discussion / Possible to buy foreclosed houses with bitcoin? on: November 09, 2011, 01:56:06 AM
Hello,

I live in Australia and have very little chance of ever being able to buy a house. I earn about 20k AUD a year if I am lucky and houses start at about 350k AUD here. Flats and town houses aren't that much cheaper either. Sure it may be a bubble and I should just wait etc but I don't think prices will come down to meet my income even if it is a bubble.

I would however, like to get started with some kind of property and i'm fascinated about how there are cheap houses in the US such as in Detroit sometimes going for as cheap as a dollar.

I am wondering if someone who lives in the US would be willing to buy or help broker houses so that people outside the US such as me could buy them for BTC.

This is just a half baked idea for now. I know those suburbs are dangerous but perhaps this kind of thing could encourage investment and help restore some of these neighbourhoods. As well as help show that
BTC can be exchanged for things other than USD.

best regards,

Chris
270  Alternate cryptocurrencies / Altcoin Discussion / Re: [800,000 DVC remaining bounty] for Devcoin preliminary testing on: November 08, 2011, 11:14:58 AM
I'm interested in offering a bounty for an illustrated short story for project in-utero (http://www.in-utero.org) which is a spin-off of Rejuvepedia. (http://www.rejuvepedia.org)

I was thinking of making it something like 5 million DVC + 2000 TBX + 2000 LTC. The bounty may be split amongst the writer and the illustrator if they are different people.

This is not the official announcement of course but would a mixed bounty be ok?

best regards,

Chris
271  Other / Politics & Society / Re: when should you shoot a cop on: November 07, 2011, 02:33:03 PM
Of course you'd want to avoid ever being in this sort of situation in the first place. Even if you were right to respond with force you either be overwhelmed by his backup or have a hell of a fight to prove yourself to the courts and if you fail be likely risking a death penalty.
272  Other / Politics & Society / Re: when should you shoot a cop on: October 31, 2011, 09:44:38 AM
Touchy subject. If a police offer comes into your house without a warrant; starts hitting on you. What do you do?
273  Bitcoin / Bitcoin Discussion / Re: [announce] World Bitcoin Exchange....DOWN on: October 28, 2011, 01:30:40 PM
OK I had just sent you a PM.

Glad to see you are onto it.
274  Bitcoin / Bitcoin Discussion / Re: Is Satoshi's real identity Trinity grad student Michael Clear? on: October 24, 2011, 01:53:16 PM
Another link to the article is here: http://www.betabeat.com/2011/10/04/did-the-new-yorkers-joshua-davis-nail-the-identity-of-bitcoin-creator-satoshi-nakamoto/
275  Other / Archival / Re: delete on: October 24, 2011, 09:50:40 AM
I would like to propose something like i1 coin.

  • The 1 being for 1 million as only 1 million coins will ever be produced.
  • There will be no pre-mine
  • The coins will be produced as a very slow rate and something like less than 50 a day. To do this it may be fairest to award a fixed fraction of a coin per block.
  • It is a combination CPU/GPU coin. e.g. we have double SHA2 then some really memory hard scrypt. The idea being that the SHA2 is done on the GPU and the scrypt is done on the CPU. This will help take EC2 out of the picture.
  • Local latency must be ultra critical and this will help push the boundaries on reducing the latency inside the PC.
  • It would be a test coin for a p2p exchange such as dark-exchange. Exchange fees would go to miners.
  • The exchange could also be used for other commodities including metals, crude oil, food, land deed titles and possibly even a p2p replacement for GBSE style share registry.



276  Alternate cryptocurrencies / Altcoin Discussion / Re: Crypto X Change - Public message regarding alt chains on: October 15, 2011, 02:20:27 PM


You make valid points.  You lose credibility by playing an unnecessary "Think of the poor starving kids" card.

Because most of us are working hard to get out of the rat race, get out of debt, get a stable place to live etc so that then we can start helping out the rest of the people
in the world. Sure I could probably post a pic like that for anything. Like when some idiot drops 50k on a SUV.

Yes, you can argue it was uncalled for but I have already posted it and i'm not retracting it. People work really hard in shitty jobs all over the world to fund the life styles of the top 1% here. Seems to me
its just the same shit here as it is in the real world. Sad we will all be torn apart and this community will come to an end and we'll all be fighting the worlds real elites on our own.
277  Alternate cryptocurrencies / Altcoin Discussion / Re: Crypto X Change - Public message regarding alt chains on: October 15, 2011, 02:17:28 PM

So, are you going to do something about that?
If you do and you offer the proper level of transparency, I will be glad to participate at my modest scale.

Yeah, part of my rejuvepedia project was going to help rejuvenate the land, soil and water so that people all over the world could grow enough food.

In retrospect, maybe creating a giant placenta to allow the wealthy to recover their youth isn't what the world needs the most...

It's for everyone. All people of planet earth.
278  Alternate cryptocurrencies / Altcoin Discussion / Re: Crypto X Change - Public message regarding alt chains on: October 15, 2011, 02:13:10 PM
^

Really?  WTF do starving kids have to do with a PM about a 2-week-old cryptocurrency?  TBX market depth is like what, $100?

Do you have at least $100?  Even in assets?  Yes?  Then you're just as guilty, when it comes to those poor kids.

Know what makes me sick?  Blatant attempts to guilt or inspire emotional reaction in retaliation to things which deserves neither.

Ask how anyone that's invested in TBX feels about this. Even if they made money are they still happy that BEX got that ridiculous amount for free?

We are supposed to be making a credible alternative to fiat money here and as far as I can see we haven't done that.
279  Alternate cryptocurrencies / Altcoin Discussion / Re: Crypto X Change - Public message regarding alt chains on: October 15, 2011, 01:57:54 PM
Quote
Sure, take a look:

Yes, I feel sick to my stomach.

Next time you see the greedy bitcoin express think of this:



Screw all the coins, forget fiat, forget gold, forget central banks. Forget guns and bombs and wars over oil. It's all bullshit.
280  Other / Politics & Society / Re: Count down to Iran invasion on: October 14, 2011, 02:58:13 AM
It honestly won't happen, even our politicians aren't that stupid after Iraq/Afghanistan.

but sometimes to refrain seems stupid too... /Libya.


http://www.youtube.com/watch?v=GuqZfaj34nc
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