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3141  Economy / Service Discussion / Re: Ripple is excellent, but short-sighted. on: May 27, 2013, 09:09:12 AM
Just sain' Satoshi also generated a bunch of Bitcoins for himself.


Keyword ^


Ripple = type 1 and 0's into variable.

Big difference.

Technically yes, but for practical purposes the cost of generating them stands in no relation to the effort it took to come up with Bitcoin and write the software.
The general consensus is that Satoshi has "earned" to have them not because his mining but because his work.

All you can say that you think opencoin is too greedy for your taste. In that case you are free to fork ripple once it is released.
As for myself I consider the valuation of XRP to work like a stock which pay "dividends" by deflation. Added to this I didn't give anybody any money nor did I pay for my XRP, which I gonna keep till ripple comes out of beta.
Haters gonna hate,
3142  Economy / Service Discussion / Re: Ripple is excellent, but short-sighted. on: May 27, 2013, 08:54:28 AM
Just sain' Satoshi also generated a bunch of Bitcoins for himself.
3143  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 27, 2013, 08:00:47 AM
Oh it seems you are their new scapegoat coinseeker. I'm glad I got rid of that role actually,
3144  Local / Trading und Spekulation / Re: Der Aktuelle Kursverlauf on: May 27, 2013, 07:47:35 AM
Wenn die 140 nachhaltig gebrochen werden, wird es kein Geheimnis mehr sein. Expect Bubble 3.0
Die kritische Frage: Ab welchem Kurswert fangen die (online) Medien an, wieder von Bitcoin zu berichten?
Erst ab da kommt eine kritische Masse zusammen und der nächste proto-Bubble...


Aufmerksamkeit ab 266 und wirklich intensiv ab ~500. War beim durchbrechen von 32 auch so...
3145  Economy / Speculation / Re: This is the Bitcoin Marathon, not the Bitcoin Sprint on: May 27, 2013, 07:36:13 AM
Rumor has it the first (historical) marathon runner died from dehydration after arrival.
3146  Economy / Speculation / Re: Bitcoin is a better store of value than Gold on the long term on: May 26, 2013, 01:13:56 AM
What would happen with the gold store value if suddenly China (example) comes with an asteroid with 5000 tons of gold (just an example i am not aware of quantities of gold around and what would impact what)

If we are at this capability it is likely we are at the brink of space colonization, so demand would rise proportionally.
3147  Economy / Speculation / Re: Bitcoin is a better store of value than Gold on the long term on: May 26, 2013, 12:01:05 AM
Quantum Computers are to Bitcoins as Asteroid mining is to Gold.

The former already exists.

and difficulty increase does not work for Quantum Computers?

Bingo. They are either useless for hashing or just put out the right nonce for any single hash.
3148  Economy / Speculation / Re: Bitcoin is a better store of value than Gold on the long term on: May 25, 2013, 11:56:41 PM
Quantum Computers are to Bitcoins as Asteroid mining is to Gold.

The former already exists.
But both are so far from having practical impact that it is irrelevant to consider the implications.
3149  Other / Meta / Re: [Feature added] Color besides usernames for Ignored by % of established members. on: May 25, 2013, 06:58:56 PM
Heh and they told me I'd never catch up with zyk.
3150  Economy / Collectibles / Re: Aluminum Casascius Coins at the Bitcoin Foundation Conference on: May 25, 2013, 06:56:08 PM
I saw some Cassascius coins made of gold and silver and I wondered them.
However I consider making physical bitcoins of aluminum as a very bad idea, because it would create the impression that bitcoin is something of less value.
It should be at least made of brass. Even iron is much better than aluminum.
Aluminum is very harmful for the health and would create also the impression that bitcoins are also harmful.
http://www.globalhealingcenter.com/natural-health/concerned-about-aluminum-dangers/
http://www.sciencedirect.com/science/article/pii/B9780444508119500276
Aluminum exposure is causing Alzheimer and you will forget the passphrase for your brain wallet but of course they are more important health concerns also.
https://en.wikipedia.org/wiki/Aluminium#Health_concerns
https://en.wikipedia.org/wiki/Alzheimer%27s_disease#Prevention
Dementia is also a major risk by low levels of aluminum in the brain
http://www.alzheimers.org.uk/site/scripts/documents_info.php?documentID=102


Nobody said you should eat them, smoke them or otherwise put them or parts of it into your body by other means.  Roll Eyes
3151  Alternate cryptocurrencies / Altcoin Discussion / Re: After testing Ripple... on: May 25, 2013, 05:44:57 PM
ok I guess, you are right they call it open source then. (although open payment network can mean lots of things)

For the rest of the debate:
I suggest you watch this interview with RMS: http://youtu.be/uFMMXRoSxnA

He clearly states that free software is about the ability to control the software, not about re-distribution.
The GPL for instance restricts re-distribution under other licences and using the program in proprietary products, while the MIT Licence does not restrict the use in proprietary products and the public domain licence poses no restrictions. It is entirely possible for a free (or if you like to call it open source) software to be prohibited in re-distribution.
But we don't even know under which conditions the ripple daemon can be distributed do we?
3152  Alternate cryptocurrencies / Altcoin Discussion / Re: Biggest FAIL coin on: May 25, 2013, 05:26:17 PM
From the point of the biggest disappointment, in terms of lost potential that would be freicoin imo.
3153  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 25, 2013, 05:22:47 PM
Guys are you forgetting, we will be at $300,000 by December  Roll Eyes

I'm printing up 1 BTC paper wallets. I'm going to give them as presents for Christmas with a note saying "Go pay off your mortgage, quit your job, we're all FUCKING RICH!".

 Cool  its a supernode christmas 2013!

Perhaps he will be out of the hospital by then?
3154  Economy / Speculation / Re: 130 the new 120? on: May 25, 2013, 05:20:54 PM
I hope somebody does a big dump soon. Once again I couldn't resist daytrading, now I'm locked out of the market.

Why are you locked out of the market ? How much did you sell for ?
128.9
Fucking hell...
I always sell at the worst possible point..

From my experience its best to take losses immediately in such a situation. Waiting makes you emotional which usually gets it worse.
3155  Bitcoin / Bitcoin Discussion / Re: Devil worshipers cult Illuminati (Bilderberg Group) trying to ban Bitcoin on: May 25, 2013, 04:58:01 PM
This video is still missing from this thread.

bonus points if you click it 3-4 times.
3156  Alternate cryptocurrencies / Altcoin Discussion / Re: After testing Ripple... on: May 25, 2013, 04:22:51 PM
It's free software imo, under the definition RMS uses.
It does give users freedom by distributing the software by source code. That you have to adhere to certain conditions to become a user doesn't change that. You can check the software for malicious features and modify it to your liking. It may not be a copyleft licence, but that's an independent issue. Redistribution and access to the source code are different things. Just that the GPL happens to be a free software copyleft licence doesn't mean that every free software has to be copyleft.

So RMS would say, it's free software, don't use the term open source.
Please show me what lies you mean, I can't see them. Do they even say it is to be open source?
3157  Economy / Speculation / Re: Fundamental analysis thread on: May 25, 2013, 03:51:07 PM
U rang?

Here is a bunch, I stopped updating it though but most of it should still be somewhat relevant.
https://bitcointalk.org/index.php?topic=144170.0
3158  Economy / Collectibles / Re: Aluminum Casascius Coins at the Bitcoin Foundation Conference on: May 25, 2013, 12:05:08 AM
Wait so you're selling 5000 for 0.5? 

Might not be a bad idea to list an auction on here or sell them to users of bitcointalk, would love to fill a swimming pool with those Wink.

Very nice looking, I have to say that I prefer "Vires in Numeris"  over "strength in numbers" though.

Best of luck with the sales and have fun at the conference Smiley

No, no, no - NOT a swimming pool.

You want to build a big, square vault-like thing, with one huge coin mounted on one exterior wall.  Then you fill the vault with these coins and dive in - just like Uncle Scrooge.

Hmmm.  A Casascius coin, twenty feet in diameter.  How cool would that be?
It's not a liquid!

It's a liquid if you're a duck.

That's the wrong duck test!
3159  Alternate cryptocurrencies / Altcoin Discussion / Re: [2BTC BOUNTY] New useless scammy blockchains on: May 24, 2013, 11:17:32 PM
I hereby propose borgcoin: A a cryptocurrrency which uses multiple hashing algorithms and is generated by successful double spends on other chains.
3160  Alternate cryptocurrencies / Altcoin Discussion / Re: After testing Ripple... on: May 24, 2013, 10:11:45 PM
https://ripple.com/wiki/Gateway_Integration_Manual#Preparation

I see I did one mistake though you don't even have to tell them your real identity(openid) just the github account...

Where is the license information ? This is still NOT open source.

If they give you the source, it does not mean it is open. It does not mean you can share it, modify it, redistribute it.

They can sue you if you use their code against their guidelines / share it with somebody.



It's not like there is a binary version of it either. If you get access to the software you get the source, if you don't you don't.

You know what Richard Stallman would say?
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