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The stock market is a rigged game. Every week a portion of millions of paychecks goes into the market. It has no choice but to go up. Yes I know they go into other instruments but there is a constant flow into the market. The big money players wait for it to go up a a few trillion and then pull out in unison . When it bottoms, they buy back in and wait again to rinse and repeat. They will siphon about 11% of the market cap then it will go back up.They really want SSI in the game so they can double what they are doing now. The market hasn't traded on fundamentals in nearly 20 years. It's a ponzi version of musical chairs except they are already in a chair next to the record player.
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Just out of curiosity , how many unique downloads of your modification have there been? If you know of course.
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While I agree it would be nice to have everything priced in bitcoin, the reality is the system has to slowly permeate the existing infrastructure. I prefer the gradual growth scenario for a number of reasons.
1) It prevents the existing financial system from taking too much interest in things until it is way too late.
2) Allows the network hashing power to multiply to even higher amounts than where it is now.
3) Every block that is mined reduces the available supply, which in turn provides higher value. (For bitcoin itself, not compared to fiat currencies.)
Network effects will eventually show up in the mainstream, with articles and other primers popping up voluntarily. Hopefully by that time the client will have iterated to a more user-friendly and informative interface design.
Ain't that the beauty of bitcoin? That every time new coins are generated the network just became more secure. It's mindboggling. |
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I think we should start ot off with a campaign with major electric companies. That would eliminate the need for a lot of conversion into USD.
It could be a problem or a solution that they are regulated by the State. Maybe because they are a public utility we could get a ballet initiative compelling them to accept bitcoin.
Bitcoin acceptance has already seeped on to Craigslist.
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Sent you half a bit to keep you motivated.  Keep up the good work Diapolo |
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They're not manipulated images but I had a feeling some of you would think that. I can get slush and maybe a few others to corroborate me. In the end it doesn't matter any more. I'm going to step back from this forum for a bit. I'll keep an eye on the thread but not participate. There is nothing more that I can add to this so far.
still waiting for this.... |
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Honestly I haven't believed this bullshit from the beginning. I've never promoted banning someone before but Allinvain should be banned for the damage he's done to bitcoin. There has been absolutely no evidence , much less proof that he lost anything.
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The bitcoin economy is doing better than people give it credit for http://bitcoinwatch.com/Economy Total BTC 7,011,500 BTC Market Cap
based on latest prices63,102,028 USD or 57,494,300 EUR or 174,305,890 PLN or 41,984,862 GBP or 60,188 ounces of gold Transactions
last 24h8,147 Transactions
avg. per hour339.46 Bitcoins sent
last 24h2,653,627.27 BTC <---- !!!!! Bitcoins sent
avg. per hour110,567.80 BTC |
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maybe satoshi is selling out?
Allinvain is just liquidating the 25k he 'lost' since his social engineering experiment didn't get any donations. I like this comment +1 |
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How can gold be a bubble against the dollar? It's fiat paper , redeemable in nothing. The difference between a $1 and $100 bill is the configuration of ink on the paper.
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I know people need to "pay their bills" but why are we competing against all these legacies currencies. Let them destroy themselves in the war they are presently in.
We need to go a step further. Retail is not the answer. We need producers of product to accept bitcoin. Farmers, Manufacturers, skilled workmen etc...
We need to STRIKE THE ROOT!
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It's the non-bitcoin schmucks that are inhibiting trade. Maybe we should pledge to only use BOD , bitcoins on delivery.
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Bitcoin can't be running when you back up your wallet.
My wallet ultimately goes offline in an encrypted rar with recovery record and 17 char passphrase that is a pattern on the keyboard.
and no it isn't the the code for Contra
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This what I posted for Mr. Unimaginative at Forbes..
Why do people keep saying that bitcoins have no fundamental value? Is a service a valuable consideration in the law? YES! Even a promise is a valuable consideration.
The bitcoin network and it’s nodes authenticate , verify and reverify a transaction over and over and over. You can’t access the network without bitcoins. They are a right of access. They are a license to use. All valuable considerations.
Third party authentication is obviously a valuable consideration, ask any notary public, clerk of court, or recorder of deed.
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How are they going to ultimately receive funds without a private key? or am I just confused?
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Effing sweet! What are the odds of someone using the same private key. I've actually been wondering this for a awhile. What is someone just tries to hoard all possible private keys? Or is it the keypair that matters?
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So let me get this straight. You can create a private key with a passphrase import it into a wallet. Transfer funds to it and then delete the wallet.dat and recover it by repeating the process?
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Toilet paper never goes out of style.
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God I want this item! So I can throw it away a second time.....
Oh wait .. how many MH does it get again?
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