i guess in the 4 months of non stop ramblings of brain fart projects to extort bitcoins, you never spent much time exploring the community of its many thousands of legit businesses that accept bitcoin.

oh well just goes to show your not really a bitcoin fan you just want people to hand you coins so you can cash out at places like bitspend

the first step to recovery is admitting you have a problem

after 14 projects finshaggy has attempted to unleash on this forum in under 40 days, some as barbaric as a bitcoin town where he is the mayor and he decide what people use their private land for.

some are to fund his round the world trips

some are librarys, cyber cafe's

oh and not to forget his cancer cure.. (selling weed)

finshaggy has finally got to step 1 of recovery. admitting he has a problem and needs help.


he knows enough to know if he wants his step dad in jail a solicitor is not the first thing to ask for. the police are required (criminal). as going the solicitor route will only end is a court fine (civil)

as for the other 13 projects he has finally addmitted why they will never prosper and why he should not lead the projects


i will use this very quote for any future projects he proposes, with the intent to extort money from people using these tactic.

i myself have lost family members and although there is sympathy towards him... extorting $100k from his step dad for a charity is enough to cause any man to become aggressive when finshaggy does not drop the subject. and this is not evidence of a brutal murderer, this is evidence of a provoked person

you honestly cannot, with a rational mind go from trusting a persons morals to want to sign him as a board member of a charity one minute. and accuse him of murder the exact same day, purely based on his reactions to your endless chatter about a $100k charity.
finshaggy please stop smoking weed and spending every opportunity of your life looking for ways to grab money from other people to fuel your next high.

project 14 asking for bitcoins..

let me guess you get a nice hand full, people start asking questions about name and references of the solicitor you employ, to ensure your spending the coins properly..

suddenly you reply back. its ok folks my step dad is a good man.

i know you wont go to court, because court takes months.. yet your plan number 13 is to go on a world tour.

i wont mention the time restraints of plans 1-12 as they were just brain farts of dreams.

but i still wonder how you personally will pay for all of this with only 3BTC to your name?

bitcoin will never have good jokes, it takes 10 minutes to get the punchline

nope but when reading finshaggys other projects you soon see his style..
if he is never to intend to ask for bitcoin. or this question is never to be linked to needing bitcoins.. then why is the title Re: First Bitcoin Funded Murder Trial

he is after opinions if the scenario of his brother could be classed as murder. to the fund a murder trial..

finshaggys project number 14 for this month

beg for bitcoins using his brothers death for the sympathy vote......

not necessarily.. heres a simplified example (using smaller numbers for easy understanding. so dont knit pick)

imagine 1000 GPU miners at 1Ghash each trying to solo mine (1Thash total)
imagine 20 ASIC miners at 50Ghash each solo mining. (1Thash total)

imagine it took 50ghash  to get a block.. every Asic miner wins the blocks. and the Gpu's because they are not fast enough probably would never get one unless they were earning small shares as part of the pool

.....

now imagine the all the GPU gave up and another 20ASICS joined in..

the total network is still technically running at 2Thash. so lets add on 4 more asics for a 10% rise.

so now if all of those 44 ASICS pool mined instead of solo mining. they would collectively solve blocks alot faster then just 9 minutes

this is the second thread about this topic and everyone seems to be missing the 2 key points...

unlike saying seized keyboard/mouse/monitor and not mentioning a value.

the DEA said seized 11BTC VL $800(edit rounded for layness, dont knitpick)

meaning they are considering bitcoin to be legally of value..

secondly.

add up everything seized. i totalled up 3 pages which came to over 1,500,000 dollars i estimate the total to be around 50,000,000 dollars for the whole document... and the point.

50million dollars linked to drugs raid...... only 11BTC linked to drugs.... so which currency is more drug tainted?

more avalon asics been delivered and powered on. expect some nice speeds for a few days unto the next difficulty change occurs

with your 3BTC you wont get passed the US border. hope this is not yet another beg for coins..

project number 13 i take it this is.

i see you have now finally gave up your utopian dream of the town because you could not answer the main construction, utility or gasoline requirements of generators per day, decibels of the generators. and amount of generators needed to power your tech savvi commune.

you have had lots of idea's over the last month, restaurants, cybercafes, libraries, health care centres (weed selling shed), but can i just give you some advice.

dont spew out 13 idea's all asking for money. when you have no experience.

part of the wrld tour is to make ASICS and give them to people on route to spread the bitcoin name.. so he says



yet him and his friend just one month prior, they started mining litecoins and between them, they had this to ask the community

two things to remember. the US dollar its trademanrked and patented by the government. its their property. so they have a right to control who uses it. bitcoin is not owned by government. they have no right to control it.

secondly in a great utopia the world would work perfectly where each person does their own personal due dilegence. but some people are easily trusting. i am against one entity controlling it all. but if we all work together and 'scam tag' obvious threats to help each other, that is the closest to uptopia we will get. without having a single entity of control

ok ismeal lets take this on..

saving all the long waffle i normally write:
only if they can show that US dollars were converted into the funds held on the exchange.

i personally dont mind US government regulating exchanges that deal with FIAT.. as long as they dont try regulating bitcoin itself. because fiat is government property. bitcoin is not

maybe adopting a moral compass and basic bitcoin security tutorials would do the bitcoin more benefits then allowing government control. that way each person self regulates by voting with their feet when they see a dodgy exchange hidden behind tor IP's and go-daddy registration information. and where the CEO of an exchange never makes himself publicly known

US cant/wont regulate bitcoin. please read the other dozen threads on the matter. all the US government can control are the gateways in and out of bitcoin and US Dollar. because they can only control the dollar side.

if i opened a UK Pound exchange for Euro's - US government cant touch me
if i opened a UK Pound exchange for bitcoins's - US government cant touch me

the US can only control the US dollar touching exchanges.

now relax, chill out and realise that even a nuclear bomb can't stop bitcoin.

mining was never suppose to the the main profit maker of bitcoin.

and now we are at the evolutionary step that every economy gets to..... retail

back in the 1800's the "america's" were packed with a majority of new people thinking they can start a new life in america becoming rich mining gold. then came the point where hand tools would no longer make them rich. eventually people realised opening blacksmiths, saloons, barbar shops, bakery's would get them more income per day then mining.

so say you had £$100 spare per week or month.. 2 years ago people would spend that on GPU's

now.. some people are finding it better to buy 100 'fruit of the loom' T-shirts for £$1 each and selling them for the equivelent of £$3 but in bitcoin.

netting them over 3BTC.. maybe even selling 2BTC, keeping the third. and next week/month they can but 300 shirts netting them 9BTC. and holding a total of 10BTC for 2 weeks/months work.

retail is the way forward now.

nope it just changed things.. its now called Activity

check you profile

Posts:   473
Activity:   224

tell them a few examples of money waste.

EG 4 years ago car fuel cost $X per gallon/litre.. now it costs more
4 years ago a loaf of bread cost $X.. now it costs more
4 years ago milk.....
4 years ago car insurance.....


now tell them bitcoins..
4 years ago 1 pizza cost 5000 btc. now under 0.2btc
1 years ago filling up your car would cost 20BTC (20 gallon tank) now it costs 1BTC
add more examples

then tell them about banks giving just a couple % interest on savings per year which does not cover cost-of-living inflation. yet bitcoin potentially gives you back more fiat after a year.

yes it is a risk. but the next thing to say is.

"ok mom and dad, instead of buying me these $100 nike footwear, how about i buy a $20 pair of footware and use the $80 in bitcoin.. seeing as its thn not classed as a loss, due to the money having been spent otherwise. what is there to lose"

then find other examples. EG walmarts own brand foods instead of brand named food and use th savings towards bitcoin

the only way i can see bitcoinATM work financially is this:

they employ 50 franchises (1 per US state) each franchisee pays for the licence of that state under the groups company name of bitcoinATM.

that franchisee then owns the rights to trade, maintain and work within the borders of that state on behalf of bitcoinATM.

bitcoinATM then send them a machine/bunch of machines and set the rates of pay (price above spot) so that the franchisee can see a nice income to recoup its 'buy in licence' and the bitcoinatm headoffice gets enough income to see profit after the bitcoinATM machine costs.

compared to:

having just one company buying all the licences and having to travel the entire width and height of USA for maintenance, installs etc is more expensive venture to attempt

the other plausible option is to speak to existing ATM vendors to add a extra feature on their platform for Bitcoin.