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2881  Economy / Goods / Re: DISCOUNT AMAZON CODES FOR SALE 20% DISCOUNT, not! on: April 06, 2012, 06:17:08 PM
Im sorry but that is just bullshit, this thread should be locked and the user banned from the forum (he shouldnt have customers to talk with). He is using other peoples amazon accounts or other peoples CCs, what is there to discuss? Nobody should be allowed to do this on a public forum and get away with it... Amazon cant do anything against him, unless he slipped up with making himself traceable, which i doubt he did. I know bitcoin is associated with crime, but i didnt think this was silk road.

He has outstanding debts, silencing and banishing him wouldn't exactly speed up the repayment process. Doing that would pretty much guarantee he won't pay what he owes. Scammer tag until that is actually done is a reasonable request though.

 My Edit: Just to be clear so we can stop this debate before it starts, he won't be banned (for this anyway). If you want to discuss that particular policy take it elsewhere, I don't want to have to sift through 5 pages of arguing about whether he should be banned to see what the guy has to say about his debts.
2882  Economy / Goods / Re: DISCOUNT AMAZON CODES FOR SALE 20% DISCOUNT, not! on: April 06, 2012, 02:03:45 PM
This thread is still running with the proof i posted?


What do you mean still running? We aren't gonna lock the thread, that would be dumb. There may be people out there with information to provide, and it leaves a channel of communication open between him and his customers, and has all the information people need to know right here. He's already said he's going to repay, and if he really does have more coming in it would be kinda dumb to lose out on all that profit for a few hundred bucks.

As for him and Amazon, that's between him and Amazon. This is just a forum, we aren't the cops.
2883  Economy / Speculation / Re: The storm is building up! on: April 05, 2012, 12:38:45 PM
no....not yet. i I had to guess, we still have at least another 4-6 weeks before that's possible to go that high. does depnd on the $5.50 resistance, IMO - it may take a bunch of bounces $4.5 - $5.5 to break through.

Given the current situation I mostly agree.  I would say the range should be a little lower but who knows, these walls make things too unpredictable.

How is base price any relevant for making market moves (beside giving you the nice warm feeling of being smart)?

Relevancy is that it makes me comfortable with my holdings given the likely trading range in the short term, so no daytrading for me. I find my time is better spent doing other things.
2884  Other / Meta / Re: Broken Ads ;P on: April 04, 2012, 06:16:38 PM
I just sent theymos a pm about the exact same thing a minute ago.
Quote
Parse error: syntax error, unexpected T_ECHO in /var/www/bitcoin/smf/adrotate.php on line 174
2885  Other / Archival / Re: Shakaru Class Action on: April 04, 2012, 02:41:58 PM
and I am in process of incorporating a new business. It's just a good business practice.

Indeed. Most people probably don't realize what it can do for you and how (relatively) easy it is.
2886  Economy / Speculation / Re: The storm is building up! on: April 04, 2012, 02:28:01 PM
He's right though, it isn't looking good short term.
Why? Looking pretty neutral to me.

No charts cause I'm just holding (my base price is far lower than it could drop to anytime soon), but the wall interrupted a pretty clear market movement, and the market in turn overreacted. It just postpones it though.
2887  Economy / Micro Earnings / Re: Where do I get free Bitcoins? on: April 04, 2012, 02:15:30 PM
BitCrate

Haven't used it myself but the consensus seems positive.

2888  Economy / Speculation / Re: The storm is building up! on: April 04, 2012, 02:05:19 PM
He's right though, it isn't looking good short term.
2889  Bitcoin / Bitcoin Discussion / Re: [ANN] A public company is to build a huge Bitcoin Mining Operation (ASIC). on: April 04, 2012, 12:42:57 PM
it is not a 51% fear. its a 30% cheap mining power fear, will become a 70% cheap and impossible to have any competition with.
small miners will quit, if its not profitable for them.

i would be more comfortable with you selling mining hardware, and thereby distribute the cheap mining power.

One cannot stop progress. GPU and FPGA's are already doomed. I am sure there will be plenty of ASIC gear on the market given time, with or without us.


What needs to happen ( I think ) is we switch the algorithm as soon as the guy has paid millions for his ASICs.

I think this needs to be done before he gets them operational, otherwise BTC is doomed and no algo change is possible thereafter without the ASIC miner denying the change.

GPUs will be able to adapt. FPGA should be able to adapt to new algo. The only one that is screwed is the ASIC guy.

If this ASIC mambo jumbo goes forward then I think BTC is as "good" as PayPal or the Bank of England.

The community now has to ask itself this : "Do we really want a company effectively owning Bitcoin ?"

Good luck Vladimir but I don't like where this is going and I bet I am not the only one.

This centralized mining is far away from what Satoshi envisioned ( everybody with a CPU can mine ); GPUs are fine and so are FPGA but ASIC which only a millionaire can develop is too far.



GPUs pushing out CPU miners is fine, FPGA pushing out GPU miners is fine, but ASIC is where we're supposed to draw a line?
2890  Other / Off-topic / Re: My final words -- at least for a long while. on: April 03, 2012, 12:55:32 PM
Anyone else find it odd that he only posted a couple more times after Matthew got banned, then posts this?

There's some entertaining ideas that come from this.

 -Matthew=Atlas, but that's boring and overdone.

 -Matthew took the 4 days to visit, and afterwards they had a shotgun wedding.  They separated the next morning, no idea why but it may have something to do with the horses head in the bed... Atlas can't bear to be around Matthew anymore. 

 -Once Matthew was gone, Atlas got lonely and went to Bruce for attention. Currently in Pattaya with Bruce for a "conference".

 -He is in jail for stealing from his mom, and losing it all on Bitcoinica.
 
 -It's a Fight Club scenario, where Matthew really is Atlas, created by his psyche to get Atlas to do something besides post on how forums how awesome he is.

 -He opened a business assembling Ikea tables. For bitcoins only. No customers yet.
2891  Other / Beginners & Help / Re: Who secures the network once all bitcoins have been mined on: April 03, 2012, 06:42:25 AM
https://bitcointalk.org/index.php?topic=75048.0
2892  Other / Off-topic / Re: I dont know if this can be here ? on: April 02, 2012, 02:56:04 PM
Can I pay in bacon?
2893  Economy / Trading Discussion / Re: GLBSE 2.0, Is it safe? on: April 02, 2012, 01:35:03 PM
I'm still stuck on the whole email account with the name of x as his password (I'll be nice and not say it  Wink), that's just lazy.
2894  Economy / Speculation / Re: Rally!!!!! on: April 02, 2012, 01:29:28 PM
the question is if the price will go up why the player that put a 40k wall and a 10k wall dont buy the bitcoins, if is certain that the price will go up why wait buy the bitcoins now when are cheap

when the 40k wall did show up the price was 4.65 now the price is 0,20 more expensive so he lost 8000 USD(from  base price point of view) just because the price will increase even more and hell he buy the coins even later when are more expensive, totally make sense

Well I guess it's time to break out the MtGox conspiracy theories again.
2895  Other / Beginners & Help / Re: Max BTC generated is limited to? on: April 02, 2012, 12:11:16 PM
I had a big post typed up but I'm just gonna quote DaT.

Mining =/= block rewards.
Mining will continue forever (as long as the block chain exists).
Block rewards will decrease to zero.

A better name for block rewards is "block subsidy" because they pay for the network instead of fees. As subsidies decline to have the same network strength fees will need to rise.  The strength of the network will be determined by how much is paid to miners.

Another way to look at it.
Imagine today that Bitcoin had Paypal level transaction volume.  Roughly 100 transactions per second.  That is 100*60*10 roughly 60,000 transactions per block.  If each transaction paid just 0.001 BTC each it would be fees of ~60 BTC per block.  Tada the network is "self paid for".

So Bitcoin can have a powerful network supported by fees @ Paypal level transaction volume.  With modestly higher fee per transaction (say 0.01) you could have the same 60 BTC per block in fees w/ roughly only 1/10th transaction volume.

However today the network only has ~50 transactions per block (~0.1 tps). To support current payments to miners without block subsidies would require a transaction fee of roughly 1 BTC each.  Obviously too high.  Volume is too low making fees too high.

The block subsidies are simply a solution to two problems:
a) how do you distribute the money so it can begin circulating.
b) how do you support a strong network with minimal fees (w/o strong network who will use Bitcoin i.e. chicken & egg scenario).


2896  Other / Off-topic / Re: How much time have you logged into bitcointalk forum? on: April 02, 2012, 11:50:58 AM
23.5 days. That's a little inflated since I browse during commercial breaks and have multiple forums open at once but that's probably the case for everybody.
2897  Other / Beginners & Help / Re: Selling Steam account? on: April 02, 2012, 06:08:45 AM
people everywhere want everything as cheap as possible...

Fixed that for you.

He is right though, I've seen many sold at other forums and they are usually lucky to get 150-200 for it, most people won't even be interested in half the games you have so they won't pay extra for those.
2898  Bitcoin / Bitcoin Discussion / Re: use blockchain for proof in court? on: March 31, 2012, 09:07:47 PM
You can present it as evidence with an expert witness, whether a jury will get it is another story.
2899  Other / CPU/GPU Bitcoin mining hardware / Re: Good Deal on Refurb AM2 Sempron Single Core - $19 on: March 31, 2012, 01:10:05 AM
I got the 145 for my file server and do exactly that. Capable, low power usage, but nice to have that dual core available if I need it in the future with transcoding or whatever else I want to do on it.
2900  Other / Off-topic / Re: Which (natural) language should I learn? on: March 30, 2012, 11:10:13 PM
I wouldn't take Chinese if I was only doing two semesters and didn't have a pressing need for it. Personally I took Spanish, cause I'll actually use it.
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