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I have a nice inflatable air mattress if you want that. Need an outlet, though, unless you wanna spend a really long time inflating it.
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1 BTC bounty for surfing the internet with Google Translate --> Braille
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boconniff40, Take 3 natural, relaxed breaths. boconniff40 @ peace  |
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UPDATE: Upon confirming with Shawn the manager at Uncle Jacks at the registered address in the Whois for CoinExchanger.com, there is no one by the name of Leo Camilo (big surprise). I'll be working with Shawn (local manager) and Anthony (corporate manager) to make absolutely sure no one receives mail at that address who shouldn't be and will have them interview their employees closely as this is now a federal crime and will be reported directly to FinCEN and the FBI.
Does Theymos have some IPs? |
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I am almost sure that bitcoinica.com is out of funds and they are keeping the site open to get more deposits and ponzi those deposits on those who want to withdrawal. The 17 year old just lost 250,000 Dollars and I doubt he has an extra 250K to cover his loss. I would encourage everyone to withdrawal your funds from bitcoinica and watch the shit hit the fan. Visit, www.coinexchanger.com We will lower our withdrawal fee in the next couple of days, in the meantime 9% is fair. CoinExchanger.com is an admittedly unregistered MLB (money license business) that must be registered by FinCEN within 6 months of opening their doors and sharing their first stored value. They have not done so and are in direct violation of federal law. The owner of CoinExchanger.com is Leo Camilo, who advertises his address as 440 9th ave, New york, New York,10001 US and personal telephone number 1 (347) 469-1040. His private email (search google) is atqcapital@gmail.com. He has publicly stated on multiple occasions that: - bitcoin is fake money, "monopoly money" and has no value and should not be trusted for this reason.
- his exchange is functional with a large user base, when not a single user has ever reportedly done business with him
- he is holding coins stolen from Zhou Tong's Bitcoinica and says "fuck you Zhou, you're just a stupid 17 year old kid, these coins are mine now" basically.
He also: - goes under the sock puppet scammer account name "Maria"
- claims to be a millionaire and restaurant owner
He is currently in possession of stolen Bitcoins from the Linode hack and any coins purchased from him will not be accepted by MtGox or anyone in the Bitcoin community.
Get 'em Matthew. CoinExchanger, if this is true, go fuck yourself. And run. Fast. And far. |
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WTF are you talking about, just go to the link at the bottom of my post.
They're already selling it to the public.
I know. It's a baby computer. |
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Hmm...sounds like a few years of jail time oughta do the trick. Jailhouse mining is a bit different than Bitcoin mining.
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This one made me laugh: Quantum computers would break Bitcoin's security Yes, but quantum computers don't yet exist and probably won't for a while. Bitcoin's security can be upgraded if this were considered an imminent threat. See the implications of quantum computers on public key cryptography here http://en.wikipedia.org/wiki/Quantum_computer#PotentialThe risk of quantum computers is also there for financial institutions, like banks, because they heavily rely on cryptography when doing transactions. Because if you go to this site: http://www.dwavesys.com/en/products-services.htmlActually, quantum computers do exist in extremely infant stages. http://en.wikipedia.org/wiki/Quantum_computer2nd paragraph. And, seriously, if this is the most recent information publicly available, you have to be naive to think that governments don't have much more advanced technology than this. Unless entire governments are truly that stupid, there is no fucking way that the public gets to know the specs on the most advanced stuff. |
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Seriously, don't go into business if you totally suck at it.
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ok the last payout
2x 1NMNFz4Che4zXKBRjcqZ4VHWgV3q3cYSGg
2x 1M1Eo8upubkEmCqmhnMvVMfEyQiYbCXxKS
2x 1GTmejC4NhA87nYwwnWGvvKnyYXjcfogxH
2x 1PKyq6aMKcCwn8cmb9Jc5SkNydLsQb5n7K
2x 19rHP9i18odwFPmzafhsuy7RJucUn83c7A
2x 1CWwXXrcJZk6krbLcQtPQ8ZEvkrb42A3WW
2x 1BQzLAmyanJKj8d9icRbQgxcPgbVJU6zev
2x 1GtXRBvh8egB6H8iWJUgaZwnDdhdAx6hfU
2x 1AXoDw6knCivwiVsugQ92PbiNuRa4M3d3Z
Thank you, sir  |
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Financial services. My favourite would be a method where I can pay my bills using bitcoins.
Example: I have a bill for 499 EUR, the bank account number, due date and reference number. I supply that information to some company, and pay the company 499/mtgox_spotprice*1.01 bitcoins. The company pays my bill on due date.
The advantages? I could pay my rent and visa bill with bitcoins - essentially that would mean that I could have a "bitcoin credit card".
I don't know for what price someone would be able to offer this kind of service, but it would be certainly very useful for people who want to hold their money as bitcoins.
I wonder if Bit-Pay could add a feature like this... Example: 1) You have a bill to pay 2) Bit-pay implements a "bill pay" option where you can enter in the address of your bill payment 3) You send Bitcoins to Bit-Pay, Bit-Pay converts Bitcoins to the currency of your choice 4) Bit-pay sends out your bill payment in the form of a check 5) Any residual funds are either refunded to you (minus a small transaction fee), or they are stored and carried over to the next month |
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It has no valid use.
So probably not...
It's essentially Bitcoin with less security.
There are plenty of uses for a currency to compliment Bitcoin. Just having an alternative to Bitcoin is reason enough to have Litecoin. It is all new to everyone, and could have many possibilities that we haven't seen yet. I certainly wouldn't feel comfortable with any of the other alternates out there. Absolutely. Litecoin touts itself as the silver to Bitcoin's gold, and when I mine them, it kind of feels that way. I truly hope it DOES prosper and work in tandem with the Bitcoin economy. I don't think that is what FlipPro meant for "valid use". Just being an alternative isn't valid use. Neither how it feels. Litecoin just doesn't bring enough innovation to justify itself as something you would need to use "in parallel". There is nothing inherently wrong with Litecoin, replace Bitcoin with Litecoin, and Bitcoin has no "valid use", since they are essentially the same thing. Doesn't matter where you can use or exchange them. If everyone accepted Litecoin AND Bitcoin, both would have the same rate of redundancy. Take a few steps back and try to keep things in perspective. Most kinds of selective pressure Bitcoin might face in the future, Litecoin will face too. I mentioned scalability issues for a reason, since it's probably the biggest problem both would face, and what I would expect from Bitcoin's "silver" version is to solve that problem, since the silver-as-money does exactly that for gold. Litecoin is still gold with this metric. In summary, if we are to have a "silver" crypto-currency as an alternative to Bitcoin's "gold", it needs to have properties that are essential to the survival of crypto-currencies as a whole. I'm thinking of mainly off-line transactions and scalability. As far as I can think of, all block-chain solutions to the problem can successfully be integrated into Bitcoin (you probably can solve off-line transactions with signed addresses and centralized guarantee, but scalability is not ultimately solved). All other solutions can be implemented as a higher-level structure on top of Bitcoin, either as digital cash or as ripple-like systems, some of which would be ultimately scalable and allow off-line transactions. These will be Bitcoin's silver. (@the joint: I know you like philosophizing on these issues. Think of it this way. With litecoin's metric of being a "silver" of something, you could in turn create the silver of Litecoin's gold, by essentially modifying some constants. This goes ad infinitum. One legitimacy I can think of could arise from the developing standpoint. If there is some experimental feaure Bitcoin developers won't implement, and Litecoin does, and it proves to be of alternative use (arguably faster confirmation rate is something like that but not enough), then there might be a case to be made. So yes, if there is a reason we'd expect for the list of features to diverge, then Litecoin could prosper.) With improvements in client and network security, there could be many benefits to having two Bitcoin-like currencies, especially when one network is primarily backed by GPU power and the other is backed by CPU power. Obviously, security updates to each currency would be necessary if and when quantum computing scales up from its infant stages. But, being able to shift your assets between these two currencies could become extremely practical, much like how gold and silver are stored while quarters, nickels, dimes, and pennies are used in everyday exchange. One currency could be more active, and the other more passive. Or, one could become more regulated than the other, with each serving its own unique purposes in society. Two similar currencies could also help each other grow -- it's easier to mine litecoins at least in terms of hardware accessibility, and this could help spur the adoption of Bitcoin and Litecoin alike. Merchants familiar with one could easily become acquainted with the other, and this could open up more payment options for consumers. And in the event that one network becomes compromised for whatever reason, assets stemming from the damaged network could be converted. I'm sure there are other potential benefits as well. But, I do agree with most of what you're saying -- any number of potential currencies could do the same as Litecoin, if not more. But hey, when you're mining them, you want it to prosper at least a little bit. |
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We started LiteBit to create an online community for Litecoins. We're even promoting our 1st Annual Litecoin March Madness NCAA Basketball Tourney right now. Still weeks away before they select the seedings but plenty of time to join our private Litecoin group over at Yahoo! Sports. We also are trying to promote all the Bitcoin and Litecoin projects we can find. We offer this free and most of the time are directing back to Bitcointalk for the relevant forum topics surrounding each project. http://litebit.coLooks very nice so far |
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Some good suggestions! Keep the votes comin'
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The market's been acting quite funny lately. This is one of the few times that I'd say I'm completely clueless as to which direction we're headed. It feels like we've been at a tipping point for about 2 weeks.
That being said, I got the trigger finger ready, but my bullishness is wavering at the moment.
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What the fuck?
You know, I've always wanted to call you an arrogant fuck, but your vocabulary is pretty goddamn impressive. Unfortunately, your mom's vocabulary is shit-awful. Tell that nasty skank to read a book. Edit: Oh yeah...I voted you worst forum member of the year. Bitch. Arrogance is the sublime preserve of the truly magnificent, bitch. Thanks for the vote, if you weren't a little tootweasel, you would have manned up and voted several times to actually make an impact. But thanks anyway, my twin brother from an equally skanky mother. And autori di ovini, vestito come un asino, the word is melanzane, pronounced mel-ahn-zhaan. If you wish to be even more circumspect in your abuse, you would just call him an eggplant. Ciņ che un cazzo, questo idiota ha la sua testa il suo culo! I have no horse in this race, but I love this damn post. I think he likes me Edit: Shit, forgot to swear. |
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Self-explanatory poll -- What products/services offered in Bitcoin are needed the most to help the Bitcoin market grow?
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If anybody buys this house with BTC and the transaction ends up in a newspaper somewhere... I will buy you a dream catcher |
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I can't see what on those charts makes it look like an adjustment is overdue.
Here's what I think happened: The difficulty adjustment was so minimal this last time around that the graph doesn't distinguish it. I know what he's referring to -- on the month-to-month chart there's a red difficulty line that seems to range from the beginning of February to the present. During that time, there was a small ~1% difficulty adjustment, but you don't notice it on the graph and it's represented as a straight line. |
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