Really? Neither myself nor anyone I know is into Bitcoin "for profit". Changing the world, getting rid of unnecessary middlemen making money without bringing anything to the table, yes. Creating digital cash for the digital generation, yes. Removing the ability for government to devalue the worth of their citizens, yes.

However, some are, and I agree that the "trade buy buy buy profit!" messages don't really help in convincing people Bitcoin isn't ponzi/pyramid/early-adopter-get-rich etc.

Feel free to quantify your "for sure" with actual data, showing that there are "skilled" traders that can outperform chance.

The point is that no one has been able to show that.

You still don't understand the concept of chance.

There's no data that supports your position. There's plenty of data to support ours.

The answer is no. However, since there are lots and lots of such traders someone will - but it's not due to skill but simply chance.

Hehe. At one point in time I was really surprised that people who worked in the financial industry didn't know statistics and randomness inside out. Then I realized that if you do, you probably don't work in that sector at all (or you make sure you can cheat, like implementing HFT algo's in co-located servers).

I have a special pet peeve with TA though. I can understand people who do FA to really really believe that they're basing their trades on valid data, but ... TA? Really?

"No matter if Bernanke decides to hike the interest rate hundreds of points tomorrow my charts with pretty trendlines says we're in a head & shoulders touching feet kinda pattern and that means that we will break out of this downward channel .. "

But I guess I'm just not good at it

Yes! The point is that so far there's no trader ever that has outperformed chance, that is, has been trading at a statistically significant level that cannot just be explained with being one out of all traders in existence.

If someone claims to be such a trader, and in addition claims to have a method behind it, that will result in an instant Nobel Prize.

http://strikesapphire.com runs continuous $1.10 Hold'em freerolls and also something that's quite unique, a Risk-type board game called ChipWars with both 3 and 6 person freerolls at $1.10 and $6 each.

(They're BTC only for deposits and withdrawals, the $ is just used internally)

No referral link. I dislike referrals

No, that's not at all what I said. I was specifically talking about what happens when you have many actors essentially performing at random on any market.

Nicholas Taleb wrote a book about it called "Fooled by randomness".

http://en.wikipedia.org/wiki/Fooled_by_Randomness

I have no idea what you were trying to say with your edits.

Textbook definition of ironic actually, considering Bitcoin is decentralized P2P.

(My guess would be that an admin belongs to the "Bitcoin is a pyramid scheme" crowd)

Bitcoin Wallet on Android? All the merchant needs is an Android mobile to be able to accept Bitcoin payments from customers (who most likely will be using a mobile app themselves, but if they want to carry a laptop with them of course they could

If you have X such trading robots, and X is a high enough number, one or several of them will outperform the market. To get a feeling how high "X" needs to be you'll need to do the calculations.

Do remember that for every market-beating robot there would be an equal amount of loss making robots. If you fund them all you will only do (on average) as well as the market.

This is the same as with any trader. We only hear of the successful ones - and then believe them to have special abilities.

Feel free to voice your concerns, and please be more specific about what those concerns are and who you include in "the people". As to "any other place" I can only assume you're unable to reflect upon the fact that we're discussing but one of the many places conferences are planned to be held.

No, but it's a matter of opinion that Pattaya's unrelated industries would rub off on conferences held there. If you want to claim it does, I suggest you take any one industry or company that has held an event in a Pattaya conference center and show how that has negatively impacted their reputation.

If you cannot do that, your opinion is not based in fact. It is really that simple.

As I've posted earlier:


Not to mention Las Vegas. Omg. How could anyone ever think of placing an event like CES there - especially with the Adult Entertainment Expo just next door?

Now. If Pattaya was the ONLY place Bruce suggested there should be a Bitcoin conference, I would probably agree slightly more. Seeing the absolute onslaught of trolls attacking first Amsterdam (really) and then Pattaya as if that's more important than how great all the other locations are is basically proof this is more about trolling and personal attacks on Bruce than anything else.

I find that quite lame.

While the above might be a valid reflection for some who are based in US culture, as a European I see no reason whatsoever to include such opinions in what and where I would ever hold or travel to a conference.


Reading through your posts on this forum, and how very little facts you seem to base them on, I see no reason for anyone to listen to your opinion on what the "public mass" think or does not think about anything.

As far as I can see, there's a lot of "I think" and "My opinion" in this thread - from the naysayers. The only facts being posted do not support their world views.

There's still not a single tangible fact to back up those worries posted in this thread. I can only assume a lot of people aren't used to having to base their opinions on facts.

Anyone can claim anything. It's how you support your claims that makes a difference. Trolls cannot usually back up their claims.

Have a native speaker rewrite the text. While I'm pretty confident in my English myself, I'm not native.

I would also have a graphic designer redo the layout, and I believe we have several on the forums accepting BTC for their work.

What's the problem with it? I based my edits off Dino's makefile (to build against newer OpenSSL) and "it works for me" but I'd be happy to repost your findings in the vanitygen thread if you'd like.

From what I can see there are still no comments on how the above can be true yet Thailand's biggest financial institution and first official bank held an expo on money there in 2009.

But why discuss something that would be relevant?