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301  Other / Politics & Society / Re: Most of influential IT companies support SOPA 2, what to do about it ? on: April 20, 2012, 09:42:09 AM
it needs to get a lot worse, as fast as it can,
so that average joe feels it on his skin,
this retardation and protests are not helping,

either fight it extremely hard,
or let it get worse without saying a word, that way, system as a whole has a chance of detecting those changes as bad,

if it is done little by little (because protests are making it slower)
imo, this scenario that is happening right now is the worst possible one
302  Economy / Economics / Re: Silver shot up. on: April 18, 2012, 10:58:20 AM
and bet payout might be too high in value to honor it Smiley
303  Economy / Economics / Re: MTGox or CryptoXchange for USD/BTC Storage? on: April 15, 2012, 11:33:07 AM
keep coins in your PC wallet,
USD, if you must, on exchange

gox is bigger and older, so I recommend them

they will ask you to reveal your identity,
sooner or later they do it to everyone
304  Economy / Service Announcements / Re: [ANN] Coinapult - send Bitcoin over email in seconds on: April 13, 2012, 04:06:13 PM
nice service Smiley

i received some and sent it back

Funds sent. Transaction ID:
4d437d4661598db0de15d946f1f295a7ce360e2be0c5fc89cff6324589a1c327

it was so easy

note :
on arrival it came into my gmail spam folder
305  Bitcoin / Development & Technical Discussion / Re: 51% on: April 08, 2012, 03:10:24 PM
I think you both did not get what I wanted to say
I am not preaching for any kind of centralization

I just asked is it possible that miners switch their duties
of writing current transactions in newly mined block

miner A mines new hash
broadcasts that he found it

then miner B is is chosen at random
he will use this new found hash to create a block

miner A gets his reward and fees

in the long run, there is no extra unpaid work,
just the miner with most hashing power would not be able to write latest blocks

if again, i got it wrong, I won't post here any more
306  Bitcoin / Development & Technical Discussion / Re: 51% on: April 08, 2012, 11:43:23 AM
miners of recent blocks would be randomly eligible to "write"
transactions in the next block

sounds ok
307  Bitcoin / Development & Technical Discussion / 51% on: April 08, 2012, 10:44:32 AM
can this be done to avoid 51% attack ?

miners who discovered new block only get reward and tx fees,
but actual writing of transactions and verification
is done by some other miner ?


308  Economy / Speculation / Re: Crash!!!! on: April 07, 2012, 11:54:11 AM
I guess this Easter won't be like the last one. 

http://youtu.be/8gw-aZ-mFpI
309  Economy / Speculation / Re: hello again !! !! on: April 04, 2012, 10:14:02 PM
bye, bye $5's
for now...
310  Economy / Speculation / Re: Financial Risk Analytics-Subscription Service on: April 04, 2012, 08:20:23 AM
sorry guys, THEY said NO.

sorry, but there is more of US then THEM Smiley
311  Economy / Speculation / Re: Financial Risk Analytics-Subscription Service on: April 03, 2012, 07:27:22 AM
would you post your news letter here, 2-3 weeks after release ?
some of us like to read ur stuff
312  Bitcoin / Bitcoin Discussion / Re: A bit of nostalgia... How did you get your first Bitcoin? on: March 30, 2012, 09:45:44 PM
stumbled on it on poker forum in spring 2011,
then went to wikipedia and read some more,
after that I bought wherever I could Smiley
(paypal, coinpal, through this forum, youtipit, mtgox)
313  Bitcoin / Project Development / Re: Girls of Reddit's r/GoneWild on: March 28, 2012, 07:30:42 AM
there will be girls just writing a few "firstbits" at random,
and then there will be some guys sending to that firstbits

some addresses will actually be valid to receive bitcoin...

314  Other / Politics & Society / good to know... on: March 20, 2012, 09:52:12 PM
http://www.infowars.com/cop-arrests-nbc-reporters-says-your-first-amendment-right-can-be-terminated/

I get a feeling that these "things" are accelerating in the last few months
how will this escalate, this is not sustainable situation...
315  Economy / Speculation / Re: Gold collapsing. Bitcoin up. on: March 20, 2012, 04:23:31 PM

why not? that might turn out to be the deal of your life.

i already bought
now diversification
316  Economy / Speculation / Re: Gold collapsing. Bitcoin up. on: March 20, 2012, 11:07:35 AM
and how long term PM bulls look at this ?

http://www.cbsnews.com/8301-202_162-57399610/sweden-moving-towards-cashless-economy/

what are exit strategies ?
317  Economy / Speculation / Re: Gold collapsing. Bitcoin up. on: March 20, 2012, 10:39:28 AM

some of these questions and the scenarios derived from the answerse indeed supercede any and all technical analyses.

while these are all well considered and interesting to read, the private investor (such as myself) should look far beyond what any trader (also: such as myself) would consider in making decisions.

if it all goes "to shit" then you're far better off with austrian harmonics and maples as well as some 5g gold bars than with some piece of paper you boght or sold for immediate profit.

there are in fact (at least) TWO DIFFERENT ways and motivations to invest in Gold and Silver. OP is in one camp. I am in the other.  Both investors have completely different motivations. Holding PMs physically is a completely different ballgame (considerung the premiums alone).


Disclosure: I own physical gold and silver. I am constantly replenishing and adding to my portfolio. I will continue to buy because I do not trust paper money and I do not trust paper receipts. I do also invest in stocks and bonds, but only short- and midterm.

I also do not trust anyone anymore,
so, btc, PMs, cash and real estate are my preferred choices,
I currently do not own only real estate
it is the only thing of the above that has no allodial title to it
http://en.wikipedia.org/wiki/Allodial_title

but problem is that cash and PMs look too grim,
and I "have to" exit the stock market soon
cant put it all into  btc Smiley
318  Economy / Speculation / Re: Gold collapsing. Bitcoin up. on: March 20, 2012, 08:46:05 AM

inflationists and pm bulls will say that the Fed will just print and won't let markets go down.  i ask; why did they let us have 2 devastating stock crashes in the last 12 yr and a housing implosion?

can you elaborate on these few things :

ratio of physical to paper metals

diminishing stockpiles of silver available for investors

increasing investors fears, (nowhere to go)
or, if you own stocks , when you want to sell and get out, it has to go through bank and could "vaporize"
just like in mf global case

possibilities of great war
looks like big countries are abandoning usd

china acting like all commodities are "too cheap"
buying more than needed for production
319  Economy / Economics / Re: Help me understand deflation scenario (of fiat) on: March 19, 2012, 06:35:03 PM
money velocity
sounds very reasonable, thanx,

I could not articulate that by myself, but i understand the concept

it was a pleasure reading above posts
320  Bitcoin / Bitcoin Technical Support / Re: message: Displayed transactions may not be correct! You may need to upgrade on: March 18, 2012, 10:45:29 PM
P4man, you were wright

it was a full disc
I guess,
because it was not working with 3.9 GB free  space,
but after I made 10GB free on that disc
it just continued downloading blockchain
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