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2801  Bitcoin / Bitcoin Discussion / Re: Argentina Debt Crisis: U.S. Demands 1.5 billion cash (Bitcoin to Rescue?) on: June 17, 2014, 11:25:39 PM
wait, why is it extortion on debt? if you owe the money, then you have to pay it.. no? can't blame a debt collector from collecting debt.
Fuck yes we can. I have student loan debt. Am I going to pay it ? Nope. Not ever. Over my dead fucking body will they get a penny from me.

Why? Because I don't want to fund the evil banksters who prey on impressionable young 18 year olds who don't know jack shit about the world, 18-year olds who are pressured by society into college they can't afford.

Same reason I don't buy cigarettes.
2802  Bitcoin / Bitcoin Discussion / Re: I am selling half of my Bitcoin holdings because of Ghash on: June 17, 2014, 07:10:21 PM
Unfortunately, I'm following in Peter Todd's footsteps.
Unfortunately for you. Fortunately for all the smart(er) people who will buy up those coins at ~$600 and sell at $1,000, $6,000, or $60,000 per BTC. Don't say I didn't warn you.
2803  Bitcoin / Bitcoin Discussion / Re: Why Bitcoin's Current Price Doesn't Matter [Video] on: June 17, 2014, 07:07:49 PM
I think your trying to use board numbers to figure out what you think bitcoin will be worth later and in all honestly we just don't know what it wil be worth later :/
We don't know, but we can use historical data to inform our estimate. That is the purpose of the field of statistics and scientific prediction.

Check this out.

Hello everyone, it's Jason the bitcoin video guru Wink I'm back and producing bitcoin videos again! I spent a good amount of time researching this video and honestly feel this is one of the best information videos I have produced, I hope you take some time out of your busy lives to go watch and give me your feedback Smiley Have a great day and thanks for watching Smiley
@Jason read this.
2804  Bitcoin / Bitcoin Discussion / Re: what is the first question you would ask, if you met Satoshi Nakamoto? on: June 17, 2014, 06:56:19 PM
1. Those 1 million BTC have not been touched - not a single one - in nearly five years, despite the fact that selling 1% of his coins would net him 6 million USD today. If Satoshi was truly interested in financial gain, there is no logical reason he wouldn't have sold ANY of his coins by this point.
(1) that would make sense if Nakamoto SAtoshi was a government employee.
Burden of proof fallacy.
2805  Bitcoin / Bitcoin Discussion / Re: what is the first question you would ask, if you met Satoshi Nakamoto? on: June 17, 2014, 04:58:56 PM
Thanks. It probably helps that I despise capitalism and greed as much as I despise theism and superstition. I am predisposed to a way of thinking about the world that is the antithesis of majority culture, especially here in America.
Were your gut feeling reality this would be the best thing for Bitcoin by a long shot. I discount your for-the-good-of-mankind view unless we learn something new about those 1 million BTC, as unless we know something factually you cannot pretend those private keys won't eventually fall into someone's hands that needs some money more then they need to change the world.
Well, let's have a look at the evidence, shall we?

1. Those 1 million BTC have not been touched - not a single one - in nearly five years, despite the fact that selling 1% of his coins would net him 6 million USD today. If Satoshi were truly interested in financial gain, there is no logical reason he wouldn't have sold ANY of his coins by this point.
2. We do not know the current status of Satoshi's private key(s). For all we know they could've been deliberately destroyed. That would be done to preempt his own temptations to get rich - although I believe his is a more disciplined mind than would make this behavior necessary.
3. We know at least some of the political motivations for the creation of Bitcoin, such as the whitepaper, his comments via pseudonymous accounts, and the genesis block message. All this data points to a disgust for the modern banking system and the greed it entails.

The probability seems infinitesimally minute that a person brilliant enough to solve the decades old Byzantine General's problem by inventing of the blockchain would also be careless enough to allow ANY possibility of his private keys falling into the wrong hands.

You would have me believe that someone who could sell 1% of his coins and be set for the rest of his life - today, right now - is still in it for the money but holding off on selling for some inexplicable reason? I doubt it.

Bitcoin isn't 600 million USD to Satoshi Nakamoto. Bitcoin is priceless to Satoshi Nakamoto, and I believe that's the point he's making by never touching any of that wealth.

Yours in compassion and solidarity,

World Citizen Beliathon


2806  Bitcoin / Bitcoin Discussion / Re: Whose partying tomorrow? on: June 17, 2014, 04:40:12 PM
Block 300,000. I don't need much of an excuse, but who's with me?

I have to run the tractor to cut about five acres of grass but will be drinking cheap beer, sweating it out as fast as I can drink it.

One should always drink cheap beer on hot days when operating equipment with high-speed rotating blades.
Cheesy lmao, sounds like my dad.
2807  Bitcoin / Bitcoin Discussion / Re: what is the first question you would ask, if you met Satoshi Nakamoto? on: June 17, 2014, 03:15:11 AM
What inspired the creation of the blockchain? Did you foresee the ramifications of your creation?

If so, is that why you chose to remain anonymous and not spend any of your coins?

Once he starts spending he will be found
I don't believe (s)he/they will ever spend any of the money, and I don't believe it's simply because (s)he/they want(s) to remain anonymous.

I believe the creation of Bitcoin was/is a gift to the world - a selfless act. I can't explain why I believe this, it is just a "gut" feeling.

I agree and commend you on that comment.
Many people see $ signs, you get it!
Thanks. It probably helps that I despise capitalism and greed as much as I despise theism and superstition. I am predisposed to a way of thinking about the world that is the antithesis of majority culture, especially here in America.
2808  Bitcoin / Bitcoin Discussion / Re: Why Bitcoin's Current Price Doesn't Matter [Video] on: June 17, 2014, 02:38:45 AM
Better, more astute explanation here: https://www.youtube.com/watch?v=qHUPPYzzZrI
2809  Bitcoin / Bitcoin Discussion / Re: Crypto Kidz Digital Trading Cards on: June 17, 2014, 02:35:51 AM

This one really got me laughing, thanks for that man and keep em coming! BTW Charlie Shrem is not a supervillian just because broheem wanted to smoke some dope! Everybody loves weed fool this is 2014 not 1914!
2810  Bitcoin / Bitcoin Discussion / Re: what is the first question you would ask, if you met Satoshi Nakamoto? on: June 17, 2014, 02:29:28 AM
but lastly 'who he is'
even if he came back using his satoshi account on this forum. who he is is just a curiosity and not a requirement which will help the purpose of bitcoin. infact if you seen the dorian events. you will see exactly why no one knowing is best for his life. not only would there be reporters hounding him forever, but also fans, scammers, thieves, blackmailers. so if you really need a name.. just call him satoshi
Agreed wholeheartedly. Not even to mention the psycho-stalker types who could very well endanger his/her life.
2811  Bitcoin / Bitcoin Discussion / Re: MINERS UNITE! Block the FBI coins. Do not fund violent underground organizations on: June 16, 2014, 08:07:34 PM
As much as I hate the US government for their mistreatment, deception, and coercion of We the People, I'd be perfectly alright with them getting Bitcoin rich, as Bitcoin taking over world currency would ultimately make this planet a less violent, more honest place.

That's called the greater good.
2812  Bitcoin / Hardware / Re: Hardware - It's really hard to buy mining hardware on: June 16, 2014, 08:03:19 PM
No more questions, just do it. Bitcoin may be trustless, but you can trust the good honest folks on this forum.

Except the ones trying to sell you gambling shit in their sigs, those guys are aholes.
2813  Bitcoin / Bitcoin Discussion / Re: [CPD] Crypto Police Department-Solving Bitcoin/Crypto centered crimes on: June 16, 2014, 07:53:39 PM
Some sort of batmobile may be required for this type of operation.
You mean like this one? Or these beasties?
2814  Bitcoin / Bitcoin Discussion / Re: Fake Bitcoin on: June 16, 2014, 07:51:30 PM
The more popular bitcoin gets the more and more scams, virus's, wallet stealers and all that bad stuff their is going to be.

just make sure you do not open wierd emails or go to to many porn sites (they alllways seem to inject some kind of bad shit via java)
It's called cold storage. Learn it, know it, love it.

Or if you're from the US, just use Coinbase. I've been with them for over a year and have had 0 issues. I would work for this company actually, except that I really like my freetime and I live on the wrong side of the country.
2815  Bitcoin / Bitcoin Discussion / Re: what is the first question you would ask, if you met Satoshi Nakamoto? on: June 16, 2014, 07:47:29 PM
Satoshi knew that Bitcoin would never need a bailout.  Smiley

Bitcoin IS a bailout, for the PEOPLE.

What made you pick this quote for the Genesis Block, which has now become famous?

"03/Jan/2009 Chancellor on brink of second bailout for banks"

-B-

Got a reference to this?
It's legit, common knowledge really.

I wonder if Satoshi ever reads this forum. If (s)he does, I bet (s)he gets a lot of laughs. I know I do.  Grin
2816  Bitcoin / Bitcoin Discussion / Re: [CPD] Crypto Police Department-Solving Bitcoin/Crypto centered crimes on: June 16, 2014, 07:45:06 PM
As long as you leave marijuana users alone, I'm cool with this. I have PTSD and will not stop buying and smoking pot, it's the only medicine that's ever really worked for my anxiety, and I've been on MANY.

Be careful not to let it turn into a witch-hunt, be wary of false accusations too.
2817  Bitcoin / Bitcoin Discussion / Re: I am pretty confident we are the new wealthy elite, gentlemen. on: June 16, 2014, 07:22:27 PM
Understanding Bitcoin's incredible growth rate.
2818  Bitcoin / Bitcoin Discussion / Re: what is the first question you would ask, if you met Satoshi Nakamoto? on: June 16, 2014, 06:10:12 PM
What inspired the creation of the blockchain? Did you foresee the ramifications of your creation?

If so, is that why you chose to remain anonymous and not spend any of your coins?

Once he starts spending he will be found
I don't believe (s)he/they will ever spend any of the money, and I don't believe it's simply because (s)he/they want(s) to remain anonymous.

I believe the creation of Bitcoin was/is a gift to the world - a selfless act. I can't explain why I believe this, it is just a "gut" feeling.
2819  Bitcoin / Bitcoin Discussion / Re: what is the first question you would ask, if you met Satoshi Nakamoto? on: June 16, 2014, 05:59:41 PM
What inspired the creation of the blockchain? Did you foresee the ramifications of your innovation?

If so, is that why you chose to remain anonymous and not spend any of your coins?
2820  Bitcoin / Bitcoin Discussion / Re: Have you personally seen a bitcoin millionaire? on: June 16, 2014, 01:19:50 PM
Those millionaire who won from gamble or lottery will always end up in nothing .

When it come too fast it goes fast as well they just cant hold it yet
Meh that's a platitude I think. There's a bell curve of financial savvy, which probably correlates strongly with IQ. The means a person used to get rich has nothing to do with their ability to stay rich.
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