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321  Other / Politics & Society / Re: How The Government & Media Cheated Ron Paul on: March 01, 2013, 05:37:31 PM
I've always wondered why he doesn't speak more about cryptocurrencies.

Despite what most of the U.S. thinks, it is entirely possible to get things done without the governments help. But I would also note, that the government has been brutal to people printing alternative currencies in the past. So I should think as bitcoin gets more and more popular, the government will likely take large-scale action against it eventually.
That's why we should help Ripple get up to speed and distributed worldwide as soon as possible, and not write-off some of the altcoins, such as LTC. That way the exchange (Ripple) will be as distributed as the cryptocoins, and could both move to I2P and Tor, if necessary.

I think i understand Ron Paul's position on crypto-currencies, and even Digital Gold Currencies; as most gold/silver money people, his conviction is that metal "is only real if one can hold it in one's hand..."

It's a pain to shop online with that kind of gold though. So, with that in mind, what perplexes me is why the gold/silver community including Dr. Paul has not widely supported DGC's (Pecunix/Vouchersafe, eDinar) for online shopping with metal.  Huh
322  Alternate cryptocurrencies / Altcoin Discussion / Re: Want to sell 40,000 XRP Ripples for 1000 LTC on: March 01, 2013, 03:47:47 AM
I wonder if you will have better luck if you put them up for sale through the ripple built-in currency exchange?

It's not clear what a ripple is worth yet, but i think the price discovery is mostly going to happen within the ripple internal xchange.
323  Other / Politics & Society / Re: How The Government & Media Cheated Ron Paul on: March 01, 2013, 03:40:50 AM
I think what's cool about cryptocurrencies with regard to Ron Paul, is that he got his wish for Americans to have the access to "competing currencies" without  the US federal government taking any major action to make that come true.  Cool

Hopefully, he will thank Satoshi, the Ripplers, and the worldwide Bitcoin community for that some day.
324  Bitcoin / Press / Re: 2013-02-28 Slashdot: Bitcoin hits new all-time high of 32 on: March 01, 2013, 03:25:23 AM
Let's not be critical of Slashdot, they made Bitcoin "famous" to begin with. Smiley
That's why there will probably be more anti-B astroturf than anywhere else. I don't know why you guys even bother wasting time interacting with trolls and astroturfers in such places, unless it's just fun for you.  Smiley
325  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Litecoin really really cheap right now? Or is it dying? on: March 01, 2013, 03:11:24 AM
...
Seems that if more xchanges besides BTC-E offered LTC funding, that would help arbitrage traders, and all xchanges also.
Maybe i am missing some reason why the xchange operators are not doing that?  Huh
Take a look at Ripple. When it gets more wide spread you will be able to use it to send USD from one exchange to another as easily almost as sending bitcoin.
Right. I mentioned that earlier. That would be a 2-hop process though, with all the accompanying rules when moving USD, so that the US.gov doesn't come after them.

I am hoping the whole trade can just happen on ripple, or OpenTransaction servers eventually. Until then, it would be useful for arbitrage to be able to move funds in 1 hop from 1 xchange to another with LTC.
326  Economy / Service Discussion / Re: US and Canadian users no longer allowed to use MtGox directly? on: March 01, 2013, 12:45:56 AM
This is sketch, but exchanges are sketch. It completely negates the purpose of BTC. All that is happening is new financial institutions are being built.
You guys lap it up. The centralization, the fee's, the BTC banks, whole thing sucks. So much for P2P. I guess people would rather trust institutions than one another. 
+1 However, we still have localbitcoins, Ripple is ramping up, OpenTransaction Server is in the works. I am sure there will be other options.

The people who just can't let go of the banks and the wall street ways of doing money can stick with it, if they want to continue putting up with the new version of the same BS that you mentioned.

Let's support the Ripple group and localbitcoins! That seems to be our best course for now.
327  Economy / Service Discussion / Re: US and Canadian users no longer allowed to use MtGox directly? on: March 01, 2013, 12:31:00 AM
I can't decide if this is extremely good or extremely bad.
Either way, I'm going to continue staying the hell away.
My guess is "extremely bad", and suggests *.gov.us

It will be much easier for .gov to track us money flow to/from MtG if it were funneling through one central point, rather than Anybankwire, USA.

Karpeles knows who is who in the B world, and could get someone to help him if he were overloaded the same way he found his first employee, that guy we used to see in the videos after the 611 crash. He could probably graduate to midlevel mgmt by now, if still there.

I hope ripple builds up their xchange infrastructure asap, so that most of these centralized xchanges become second tier, or go away with the banks.

328  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Litecoin really really cheap right now? Or is it dying? on: February 28, 2013, 11:53:27 PM
BTC-E is by far the largest Litecoin exchange.

But several vocal Litecoin groupies have decided to boycott BTC-E as a result of their hissy fit over their support for a second scrypt-based altcoin.

ASICs should recharge Litecoin's batteries once they drive difficulty out of sight for GPU miners.
I think what's needed is more uses for LTC. Using it as an cheap arbitrage pipeline between exchanges would increase its usefulness.

Maybe the LTC community should lobby the other B xchanges to do that..

One could probably come out of BTC-E to ripple in LTC, xchange to BTC there, and arrive at another xchange in BTC.  Huh

But it would be more useful to leave one xchange in something other than B or fiat and arrive at another  in something other than B or fiat, such as in LTC.
329  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Litecoin really really cheap right now? Or is it dying? on: February 28, 2013, 11:05:49 PM
...
Seems that if more xchanges besides BTC-E offered LTC funding, that would help arbitrage traders, and all xchanges also.

Maybe i am missing some reason why the xchange operators are not doing that?  Huh
I'm pretty sure you can deposit and withdraw LTC on all of the major altcoin exchanges.  I haven't done it, but I have done it with Terracoin.
Perhaps, but the ones that really matter are the top 5-10 B xchanges. Of those, i think only BTC-E works with LTC, right?

In any case, i hope they all get replaced soon with ripple, or a dark p2p xchange.

I criticized and disagreed with jed on the way he envisions a good xchange, both when he owned MtGox and afterwards, but i think he was wise to unload MtG. He is smart enough to see that MtG and the like is the past of xchanges, and the future is with the ripple p2p model he is developing now. I am grateful for that, and wish him well!  Smiley
330  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Litecoin really really cheap right now? Or is it dying? on: February 28, 2013, 10:33:56 PM
perhaps if vircurex can get their act together
I actually hope none of the current xchanges get their act together, and all the B trading moves to a cheaper, distributed, p2p platform, such as Ripple, once they build up the trading infrastructure, or a dark xchange, if necessary.  Cool

The centralized xchanges are really part of the old Wall-Street-middlemen trading model, which is kind of annoying, and should go away with the banks asap, with all its insiders, KYC, AML, self-serving regulations favoring the largest traders, too-big-to-fail, etcetera.

As it stands right now, we simply traded the old, expensive, centralized, banking/brokerage middlemen for cheaper ones...  Sad 
331  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Litecoin really really cheap right now? Or is it dying? on: February 28, 2013, 09:56:41 PM
Overall Im very bullish on LTC, because the value right now is so good and the upside is so so big.
...
I think LTC would be perfect for arbitrage traders to jump funds from one xchange to another.

Sometimes one needs to do that in something other than B, and doing it in fiat is a slow, expensive hassle...

Seems that if more xchanges besides BTC-E offered LTC funding, that would help arbitrage traders, and all xchanges also.

Maybe i am missing some reason why the xchange operators are not doing that?  Huh
332  Other / Off-topic / Re: Wikimedia Foundation. on: February 28, 2013, 08:56:50 PM
I wouldn't give them a burnt match now, because i can't believe that we actually have to convince a non-profit to accept something of current and great potential value, which can be used as MONEY!

It's not as if we were trying to get them to accept used underwear! My conscience will be perfectly clear for the rest of my life when i use their services and NEVER give them a unit of value of ANY kind.  Tongue
333  Economy / Currency exchange / Re: Btc <> e-Dinar on: February 28, 2013, 06:40:28 PM
Does anyone know where and if there is the  list of virtual currency ISO 4217 codes?
334  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: February 28, 2013, 02:04:11 PM
I agree but wonder if it is one or two hedge funds who are expecting 100 hedge funds to move in soon and are buying all the cheap coins now. Honestly if no one wants to sell BTC and millions get poured in daily the price will get crazy stupid quickly.
+1 And there are small investors coming in also, little by little. I DON'T mean the 420 kids at SR either!  Cheesy

I am done selling, because whenever i sold, i lost money, no matter which exchange i was using from 2010 to present day. The MtG rate is manipulated now, but at least we can see it, unlike back in the days of the MtG dark pool shenanigans.

Also, it seems to me that B doesn't yet lend itself to tech analysis by anyone except market movers, MtG staff, and traders who go to church regularly, Cheesy because the biggest possible players are not in the B market YET.
335  Local / Трейдеры / Re: Теханализ и не только on: February 28, 2013, 01:16:06 PM
Вон там дети на Гоксе толко-что какую разборку устроили - и по корридору и на лестнице!
Даже меня успели попинать  на отметке 32.50  Grin
Со всеми нынешними теханализами, я ужь боюсь с продвинутой молодёжью тягаться ещё со времен Торпедчика Фентиклюшкина на втсех...  Cheesy

Малолетки как-всегда народ отчаянный; авторитет зарабатывают, и в жизни отигратся время есть... 
336  Local / Трейдеры / Re: Теханализ и не только on: February 28, 2013, 02:43:42 AM
прогнозы неутешительны, но реально наблюдается свободный взлет битка в корридор 57 - 69
а если рост будет стремительным то до 1000 - 10000
останется тока дело в закреплении достигнутого уровня
Вот это оптимизм! А тут, понимаете ли, базарят что не дадут нам мол сей корридор!

Пока вороны не прилетят, будем свободно летать по всем корридорам...  Cheesy

Вон там дети на Гоксе толко-что какую разборку устроили - и по корридору и на лестнице!
337  Alternate cryptocurrencies / Altcoin Discussion / Re: Ripple Giveaway! on: February 26, 2013, 01:55:25 AM
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338  Bitcoin / Press / Re: 2013-02-24 Daily Bell: Robert Wenzel Interview on: February 25, 2013, 10:55:37 PM
I wonder whether this Wenzel would or has said that gold is not money now because people value it in their heads in terms of fiat quantities?  Huh

If he hasn't, i dare him to say that during one of his GoldMoney interviews, or to Ron Paul supporters!  Cheesy
339  Bitcoin / Project Development / Re: Bitmessage v0.2.0 - Now using Elliptic Curve Cryptography! on: February 25, 2013, 01:41:04 PM
We've heard some version of this from the techies for more than 20 years now; it's an illusory outcome for the PKI/PGP submarine after 2 decades, no matter what kind of wooden trim and screen doors are put on it. Most iPhones and Androids are not jailbroken, not to mention that their users don't know what that means or how to do that...
This isn't because it can't be done, it's because it isn't being done.  If any major mobile phone maker made it so SMS messages used strong encryption with minimal effort (e.g. if public key is found in contacts, encrypt with it by default), drug dealers and criminals all over the world would be flocking to it.
We don't even need pencil arithmetic to see that this "IF" is a technogeek pie-in-the-sky, which is decades stale, which they continue to dangle at non-techie users from their ivory tower.
SMTP is indeed adequate! ...for a surveillance state!  Wink

Is there even a way to keep one's contacts private, given the SMTP addressing scheme and server-client nature of POP and webmail? If not, then what Atheros is trying to address with Bitmessage actually "can't be done" with SMTP as the underlying protocol.

What is true is that we already have p2p end-to-end encryption in I2P-Bote secure email, which is in alpha, in the I2P net. And there is a Russian developer working on an I2P-bitcoin client.

Perhaps, the best transport protocol for Bitmessage would be I2P. Maybe, to avoid the traditional Open-Source development effort duplication, Atheros, giv, and the I2P developers can all work together to integrate I2P, Bitcoin, and Bitmessage.  Huh

I do applaud Atheros for trying to tackle the lack of email privacy and personal control, which the IT world has yet to make easy for the non-techie users, and hope that he continues to experiment with Bitmessage. One can still hear some call Bitcoin the equivalent of "a screen door submarine with wood trim", which will not scale unless it's integrated with the existing banking and payment systems or fundamentally changed... As always, time will tell.  Smiley
340  Bitcoin / Project Development / Re: Bitmessage v0.2.0 - Now using Elliptic Curve Cryptography! on: February 25, 2013, 05:16:10 AM
...
If Android phones and jailbroken iPhones added a simple way for people to bump their phones and exchange keys IRL and use them regularly for SMS and e-mail, people would be using it every day.
...
IF my grandma had balls, she would be my grandpa!  Cheesy

We've heard some version of this from the techies for more than 20 years now; it's an illusory outcome for the PKI/PGP submarine after 2 decades, no matter what kind of wooden trim and screen doors are put on it. Most iPhones and Androids are not jailbroken, not to mention that their users don't know what that means or how to do that...

Neither do they know how or bother to set up TSL/SSL on POP clients, because it's a geeky hassle, and not always supported by the provider. Most either don't know or think it's unavoidable that their email can be read by the email provider employees, SMTP operators and government agents. All of their contacts are easily identifiable through the SMTP addressing scheme. Snail mail has more privacy, because one can at least sometimes tell when someone tempered with the envelope...

With Bitmessage scaling problems, who knows. Perhaps, the solution will be the same as Electrum is for Bitcoin...  Huh

What's clear is that Phil Zimmerman's vision of universal email privacy is still waiting for "someone to make it simple to understand and use" 22 YEARS later!  Cheesy 

It's long overdue to try new approaches, including new email transport that is based on end-to-end encryption and decentralization by default!
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