Why? I think it's more telling when someone sticks to it. (There are plenty of examples of that on this board)
Besides, people accused me of trolling pretty much every week when I used to be very active while just expressing my opinion.
just I'm bull/I'm bear shouting races.
CMON GUYS JUST JUST ONE MORE FINAL PUSH! Sell me some bitcoins! |
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Yes, it is incorrect to say that by selling goods for bitcoin one is getting bitcoin at 50% off. A vendor sells his trinket either for $10 or $10 worth of Bitcoins, and in both cases he's obtained assets equal to $10.
Ok, but how much did the vendor buy his trinket for? Let's assume he isn't an idiot. No matter what price he paid for it, he earned X% in profit, and X will be equivalent whether it's BTC or USD which he accepts. I agree with you on that. |
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but pointing this out is like saying the sky is blue, it is something that makes everyone who reads it dumber
I may be walking out on a deductive limb him here, but it looks to me like notme's post was a direct response to somebody else explicitly stating that they didn't understand what was quoted in the OP. I don't think notme was trying to give you, or the community in general, a powerful and intriguing lessong in math or economics or whatever. +1 BTW, I don't know what a lessong is. I just made it up. |
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Yes, it is incorrect to say that by selling goods for bitcoin one is getting bitcoin at 50% off. A vendor sells his trinket either for $10 or $10 worth of Bitcoins, and in both cases he's obtained assets equal to $10.
Ok, but how much did the vendor buy his trinket for? Let's assume he isn't an idiot. |
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but pointing this out is like saying the sky is blue, it is something that makes everyone who reads it dumber
I may be walking out on a deductive limb him here, but it looks to me like notme's post was a direct response to somebody else explicitly stating that they didn't understand what was quoted in the OP. I don't think notme was trying to give you, or the community in general, a powerful and intriguing lessong in math or economics or whatever. |
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5.19/5.21 should be the new bottom now  it can be in next day/s (tm) Or not. Come on guys, I know you can reach my bids. Make it happen. |
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I don't follow the logic of acquiring bitcoins at a 50% discount. The article appears to be written by someone who shouldn't be writing articles, no offense.
1. Buy candybar for $0.25, you normally sell this for $0.50 in your store. 2. Sell candybar for $0.50 worth of BTC. 3. You just acquired $0.50 worth of BTC for $0.25. Obviously, you would have to scale it up to be worth your time, but that's what he's trying to say. It is apparent he isn't a professional writer, but I found it to be easy to read. I am glad to see someone publishing such articles. What have you done for the bitcoin community lately Etlase2? This is, of course, unbelievably stupid. It could be rephrased as: 1. Buy candybar for $0.25, you normally sell this for $0.50 in your store. 2. Sell candybar for $0.50 worth of dollars. 3. You just acquired $0.50 worth of dollars for $0.25. ... Yes, or it could be phrased like this: 1. Buy candybar for $0.25, you normally sell this for $0.50 in your store. 2. Sell candybar for $0.50 worth of BTC. 3. You just acquired $0.50 worth of BTC for $0.25. I don't understand how this is stupid. If I want to buy $0.50 worth of BTC on MtGox right now I will spend exactly how much in USD? Right, $0.50. Or I can sell a product of mine for bitcoin. Assuming I'm not an idiot and I ordinarily sell my products at a profit, then, as explained, I'm essentially getting bitcoins for less than the market price. Herp derp. |
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From the article linked in the OP: When computing 1 transaction per block versus 100, you can imagine the latter would be more costly than the former. Wait, what? How does it take any more hashing power to validate a block with 100 transaction as opposed to a block with only 1 transaction? |
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an important target was breached subscribers, you should all know what is going to happen next Yes, somebody is finally going to sell me some bitcoins. |
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Come on market! Somebody just sold like 6K BTCs. You should respond now by panicing. (into my bids, kthnx)Edit: Also, remember everyone, it's still the weekend!  |
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Finally, maybe somebody will sell me some bitcoins. I've been patiently waiting.
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Alright then. It's settled. |
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i dont know where to put this so it goes here simple steps how to get a user IP address 1 get a domain and a hosting that have error log enabled (blabla.com) 2 send a PM to the user you want 3 in said PM include a non existent image using the img tags [img]www.blabla.com/noimage.jpg[/img] 4 when the user open the PM your will get a error on your hosting log, on the log u get the IP 5 ? ? ? ? ? 6 profit YGPM  |
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What I like about the idea of using bitcoins with geocaching is that you can add a fun cryptic touch to an activity that already makes you feel like you're searching for treasure. For example, instead of the cache containing the key, you could have it contain a note that says something like "The Key is in the east". The participant might have to look exactly east and perhaps there's a prominant building directly east from the geocache, and the SHA256 hash of the building's name is the private key, or part of a private key. Stuff like that. It could get really creative and fun, I think.
Edit: As a sort of side note I've also been thinking about making a T-shirt that says something like "This t-shirt is worth 10 bitcoins" with a private key QR code on the back, and then see how long it takes for the account to get emptied.
Several players could be involved in this. The sponsor who offers the prize, two planters who plant the geocoins (could even be continents apart), and the two finders of the GeoCoins. That's at least 5 people involved. This shit ( no pun intended, for I'm on the throne while penning this post) has legs. ~Bruno~ .... >_> So, have a master lock on an account that requires multiple caches to unlock the price inside? Seems like it could go for years without being claimed, kind of like Ready Player One or something. Locked in a QR Code might be interesting though, would you just have it lead to an instawallet? I'd hope it wouldn't be made that difficult to find. Even the harder geocaches I've seen have somebody checking into them every month or so. |
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Also, so that each finder could prove that they in fact do have a legitimate piece of the private key we could create private keys out of hashes of each half of the main-prize private key. Those secondary private keys might have, say, 1 bitcoin in them, or a satoshi, or whatever. To prove that you have half of the main-prize key you'd have to be able to move the balance of the secondary key. Keys within keys...
The secondary balances (its bitcoin address) could be made public so that anyone in the world could watch it.
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What I like about the idea of using bitcoins with geocaching is that you can add a fun cryptic touch to an activity that already makes you feel like you're searching for treasure. For example, instead of the cache containing the key, you could have it contain a note that says something like "The Key is in the east". The participant might have to look exactly east and perhaps there's a prominant building directly east from the geocache, and the SHA256 hash of the building's name is the private key, or part of a private key. Stuff like that. It could get really creative and fun, I think.
Edit: As a sort of side note I've also been thinking about making a T-shirt that says something like "This t-shirt is worth 10 bitcoins" with a private key QR code on the back, and then see how long it takes for the account to get emptied.
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Geocaching bitcoins has been mentioned on this forum a few times before. That said, I'm glad to see this idea revised once more. I believe I have a couple of those empty green ammo cases if anybody is interested. How I would like to see this thread progress to is starting a whole new Geocaching site based solely on Bitcoin or, at the very least, bootstrapping to http://www.geocaching.com/. Reach- Unique Users: Over 3 million average monthly unique visitors to the site.
- Average Monthly Visits: 10 million.
- Pages per Visit: an average of 13 pages viewed per visit.
Pros/Cons? ~Bruno~ Really, I didn't know anyone gave away coins this way before. That’s great. Why don’t you start a bitcoin geocaching site Bruno? This is a big hobby and the participants are already tech savvy which should help. GEOCOINING.COM is available. Without putting a lot of thought in that name, how do others feel about its marketability? ~Bruno~ EDIT: Instead of using GPS, this game can be played with any phone, albeit a smart phone with GPS would help, but not even necessary. Will provide further details as this thread progresses. I've mentioned this sort of thing before. I think it's a great idea. In fact, just yesterday I was considering going to a few of my favorite local geocaches and leaving little notes with private keys on them and explanations. In fact, I was thinking of trying to create some buz by suggesting a group of us pool together a significant sum of bitcoins and then have somebody create a geocache for it and announce it on a few of the popular geocache message boards. Maybe even better would be to do something where we create two caches in two distant locations, each of which contains part of a private key to a substantial sum of bitcoins. Maybe a set up a website for it where participants could communicate. The finders of each part of the private key would have to get in touch with one another and come to an agreement about how to split the winnings. |
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"you can be pretty sure a lot of leveraged positions (in both directions) are going to get fucked hard."
What if not enough. ask yourself would you pay 50k$-60k$-150k$ for this mistake ?
I dont think so. you would never do it until you get some insider Information.
Wait, but didn't you post insider information - that is, your position? That's all the information that was needed to know how to liquidate you. Whoever did it was smart enough to complete the transaction and close their leveraged positions before posting about it, and they got your money. Sorry bro. |
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