I don't think you've checked out any other threads...
Without any collateral and a new account with little/no trust nobody is going to loan you that much. Might seem small to you - but a lot of people here have been burned in the past.

I'm not sure I necessarily agree. First of all, I fail to see the why people have this perception that having no banks and a completely deregulated monetary system would be entirely good. Banks are just like any other service, they exist because there is demand for them and that demand comes from the fact people need a place to store their wealth as well as go to as a means of finding capital for investment. Government policies exist to try and maintain steady growth within the economy and reduce the swinginess of business cycles. While you might not agree with the way governments choose to go about with their policy - most of their aims are sound.

For example, imagine if Greece had no means of being bailed out because money was entirely deregulated. You would have chronic unemployment, a significant reduction in quality of life (as no one can afford services/goods) and probably eventually starve out the population without some sort of humanitarian aid from other countries. If anything that's even worse than what we have now. I don't care about being free if I have to have a hole in my stomach and die because of it because I don't have food to eat.

Secondly, whose to say you aren't currently the master of your own destiny at the current time/status quo? Aside from preventing things which hurt society as a whole, the way most democracy's are set up means they allow the freedom to do nearly anything. The only reason you can't go out and stab people because you feel like it is because it negatively impacts others. You have the freedom to anything else you like really.

And if you wouldn't mind clarifying - are you wanting to not have a government (which would be anarchy and complete chaos) or just no government intervention in monetary policy?

The value of having such a big company such as PayPal willing to endorse the usage of payment system like Bitcoin is quite large in the fact that their support means that it will likely interest more consumers and further increase merchant integration and usage - which helps Bitcoin to grow and eventually outpace and make PayPal obsolete.

I'm not sure if you're thinking right about this. Having a different means of transferring money isn't going to be a catalyst to drive a change in fundamental human nature. While you could say there is some notion of this with evolution - I doubt you'd see much change in people between periods of 20 years or so. All your going to do is get the list of current rich and power hungry people and add to it eventually.

Not sure about you, but I for one would avoid those like the plague unless they have had a crap ton of vetting as well as having their identity well known. Far too many off-chain "wallet" system scams have been seen over the years.

@OP: When the block rewards eventually run out, what incentive do miners have to continually mine blocks and confirm transactions? Fundamentally, people won't do anything without some sort of reward for their work - and you expect miners to do so for free (actually at a loss if you count electricity).

I'm pretty sure there are still more spots available. IIRC OP stated that they'll start limiting spots once the first payment goes out, so if you want in better do it quickly. Just follow the instructions on the first post.

Haven't had the time to post much at all the past month  - so I won't be collecting any payment. Sad to see the campaign going but it was good while it lasted. Thanks for everything Stunna.

To be brutally honest I'm not really that surprised that they were cheating - just that they managed to get caught doing it. I've always been a bit suspicious if the fact that they were willing to take so many coins especially given they had no trust except from the references of doog. Although I thought they might run with the coins (and so far it seems this isn't entirely the case) my suspicions were at least founded. Personally I found it absurd people were willing to invest coins with any random person on the internet - seems like a flashing sign asking to be robbed.

Yeah, linear increases while easy for idiots to understand are not exactly a realistic expectation at all. To be brutally honest, we'll probably see an exponential decrease in the valuation of Bitcoin as time passes until we hit a point of long-term stability. There just isn't enough continually newly generated demand to support the idea of a linear increase.

That's still $500 USD at the moment - not exactly small change.


If you're getting money from your friend - why not just ask them for the loan seeing as they're happy to give you money.

If you want a loan, please provide collateral - you don't have enough trust and there are a crap load of flags regarding your account and behavior.

Yeah, Stunna stated that Australians won't be able to register.


However, I'm not sure if you can use a VPN/proxy and register and then play from there. I think it would work - but I personally haven't tried it.

This pretty much sums the whole idea up.

In reality, if he wins he'll take a cut and if he loses he technically doesn't lose and you do. Not to mention he could also pretend to have lost and actually won/not gambled which means that you basically gave your coins away for free. If you want to gamble guys, do it yourself.

I already submitted the form, but I just realised that I'm not sure whether we are meant to resubmit the form for enrollment once per month or do we just need to do it to claim payment?

There has been malware in the past which changes the address the user sends to at the last minute so you don't actually know till the tx gets sent off so you might want to check for that. That being said, in all likelihood you probability you had your details stolen/phished so if I were you I would learn the lesson and run a non-online wallet that is encrypted. If you want to be more paranoid just buy a raspberry pi and use that with Armory/Electrum and sign your transactions offline - significantly safer. Just need to worry about physical security.

Just thought I should chime in and correct a misconception. Your trust rating is affected by those people who place a trust feedback on your account and are on the DefaultTrust list. While some people (like myself) may have received trust from these people, I am not actually on the list and hence my feedback does not necessarily change the overall trust rating. That is why a majority of users who have positive trust themselves cannot actually affect the trust ratings of others.

Well I can confirm that the signed message I received via PM comes from the address he's listed in the cached version of his post. Hence, I can say with almost full confidence that bayuo is in fact the real owner.

@bayuo: I would advise you send theymos a PM with all the information he's requested as stated here: https://bitcointalk.org/index.php?topic=497545.0

Please do so in a single PM. If he doesn't respond in a couple of days - send it once more, he does occasionally miss some PMs. I've already PM'ed Stunna so hopefully the hacker won't get any profit from this venture.

However, you have to remember that companies like Dell don't rely exclusively on Bitcoin, so they don't need to convert all of the Bitcoin to fiat - their fiat payments more than cover the costs of doing business. That being said, I can't say if most of the companies accepting Bitcoins actually keep them or not.

However, I have been seeing a rather positive sentiment regarding company adoption of Bitcoin - which if anything should be leading to an increase in price (which is exactly the opposite of the case. I'm not sure whether the market is adequately handling the exchange of coins in the same volumes as being accepted as payment by companies but thus far it hasn't really made a big overall impact, unless you assume that the recent $100 USD fall is a result of that.

Because the requirements for your plan - specifically those laws require us to return to a draconian state whereby the government in power is the ultimate power. If enough oppressed people do something, things can change quite rapidly. We've moved away from limiting systems (ie dictatorships) through uprisings and coups. It would be unlikely indeed that people would be more than willing to have their freedoms impinged upon for no other reason than that the government wants to tax you.

Actually, you might want to post a BTC address or PGP key. Those are the only two accepted verifiable means by which theymos will return you your account.
See here: https://bitcointalk.org/index.php?topic=497545.0

I've often considered the exact same thing. From what I've thought about - you should be perfectly fine, the only scenarios where you might not use them would be in the case where you're moving a large sum of BTC which exchanges might question you about before they release the funds.

But if you're dealing with a reputable dice site/exchange you should be able to get your funds to an address that is completely unrelated (from the blockchain's perspective). Basically, no one will know except the dice/exchange operator.