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Mmm, hmm. Bitcoin is awesome and will change the world! As long as everyone in the world agrees to act in a certain way despite what their personal goals and motivations are.
I think no.
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That would be such a neat feature.
"Well, it's daytime in my area and Gox is down again, I'm so glad they implemented that, I'm certainly not going to sign up at a different exchange now".
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I suspect miners are feverishly patching to get back online before the hash rate returns.
I'm sure they are trying to get back to making money, but miners earn rate in the short term is not affected by the hash rate, just the difficulty. If everyone but 1 miner stopped mining that miner would make the same amount for a very long time. |
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Bitcoin has only been around since 2009 and since then it has been haunted by a shady past involving online gambling and illicit drug purchases.
But how exactly does that differ from the way any other currency is used? Boom. Sounds like reason to me. |
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That's right within mere seconds bitcoins might be worth negative 45 to 90 dollars. |
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how about adding breaks to tourny
No shit. Seriously, quit making us piss into bottles. I thought the tourney's did have breaks... I've had breaks in tourneys that go over an hour... I haven't pissed in any bottles, and if I do need to pee, I can do it within one or two fold outs... not the end of the world... Keep in mind there are many people who will be upset if more delays are added... can't please everyone! Yes, my thought is tournaments that are likely to go near 2 hours or more should have hourly breaks. Right now I think the Big BTC and the "Slow 2k Guarantee" have breaks and I just added them to the Saturday since we're keeping the 10k guar for now and it gets a big field. |
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It is public information. If you play people will see over time how good or bad you are. Maybe not ideal for everyone, but I don't think it is a big problem. I think both of those sites are neat. Seals itself has had tournament and krill leaderboards and we may give more information directly on the site soon both for promos and general information. People like to know if a game gets a lot of players or an overlay or whatever. |
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I thought the answer was going to be that you need something with which to buy coins if a better deal is offered.
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I don't think it's all just habit or psychology. If you say 49.72 you need some specific reason for the precision, just like if you said 50.00, but no one (outside of mytho-chartalists) claims that precision so they use even numbers to indicate that it's just a rough guess.
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As someone trying to offer a service for BTC, this is my big concern - and why i'm tempted to start accepting litecoin as well. If hoarding is preferable to general use, then far fewer people are willing to spend bitcoin even as more services come up in an effort to provide a true marketplace.
The other side of this is that it fosters buyer's remorse, wherein everything you'll ever buy for bitcoin becomes like the 10k BTC pizza as the value of bitcoin increases. I just printed someone a case for their raspberry pi for ~1 BTC. Will they eventually be upset that they spent a bitcoin on that object? Perhaps - and if so there's no obvious way to assuage that emotion even though there's no ill will involved on my part. Are bitcoins too valuable for spending? If so, then we really need something like bitcoin but without the hoarding which would prevent true commerce.
I'm hoping that a few coin hoarders will prefer to have something custom 3D printed rather than simply buying a pizza, as at least your physical object might provide a conversation piece and an example of the practical use of bitcoin as a means of transaction, instead of simply exploiting the speculative investment aspect. More of a work of art than a simple purchase.
Unless you've got like 0 fiat any remorse is misplaced. Guy with $10k in the bank should not be thinking damn, I wish I hadn't spent 1 BTC on those pizzas, he should be thinking damn, why didn't I buy 20 more BTC. And if you've got no fiat left then what are you going to do but eat at pizzaforcoins and bitcoinstore? You gunna regret eating and buying a laptop when yours breaks? I don't think so. |
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SBR was more than happy to spend time talking to us. It never worked out but there was a real chance of doing business and they are in no way scared of bitcoin. Whatever is going on, you haven't figured it out.
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Hmm. Unless they are blocking US IP addresses... They do receive BTC then send BTC backout. Meaning you could put any address in... Someone with a US IP address should try it. Then use a Fake Canadian address for mailing (you won't need to use it because you can withdraw BTC. I just tried it. Works fine for me (im in Canada though). I just was testing the BTC <-> BTC really. I usually play on FullTilt for the last few years... maybe they will come around and do BTC.  Seals with clubs was fun - but it's just not refined enough for me. And the Android version was buggy. I logged out and my player was still at the table. Lost quite a few chips. TC Our Android app is new and labeled as beta, please let me know when you have problems, admin@sealswithclubs.eu or the developer directly, android@sealswithclubs.eu. Also expect a downloadable client very soon. |
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We are going to have brief, about 5 minutes, downtime Monday near noon ET.
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Why was the '7am 7000 Guarantee' tournament changed to 6am? The only chance I had to play was today...  Aww, sorry. We are re-evaluating our time zone handling. Savings time sucks. |
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Everyone knows the bitcoin market is TINY! there are a vast amounts of people who's net worth is far grater then the whole bitcoin market, for these people investing in bitcoin makes very little sense... right now... because if they tried to enter and then exit the market, this would first pump up the price to unbelievable new heights, and then as they cash out the market would crash in a heart beat!
These are the people that will be buying 1000$ bitcoins 10 years from now. because by then the market will have grown enough to allow these people to enter and exit the market without insane volatility.
As long as bitcoin holds true to its promises ( limited supply, unhackable, imposable to centrally control ) then we can expect to have bigger and bigger fish come into the market!
When I first found bitcoin my wealth would have pumped the market price up 10x rather easily, and I didn't have very much wealth. To say that investing in bitcoin at that point made little sense is what makes little sense. Of course, exiting the market right after you enter it and before it sees the growth you anticipate does make little sense. |
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Little nugget of fail there.
Mighty be a ponzi, check.
No one knows who started it and that's a problem, check.
Attractive investment now because it costs more, ok...
Order of magnitude(s?) off on the number of people who accept it.
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We've got a special series of 7am ET 7 BTC guarantee tournaments. They'll run 7 days in a row. It's just 0.1 BTC to enter.
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I've watched the video and what really pissed me off was the claim that six millions bitcoins were mined before the whole thing went public.
Someone correct me if I'm wrong but Satoshi published his idea, with the source code about one month after he mined the first block, didn't he? It's not his fault or any other's fault if very little people paid attention at this time.
That's correct. It's disingenuous to say X number of Bitcoins were mined before it went public. In some very real sense, Bitcoin has not yet "gone public". Does that mean over half of them were mined before it did? No. I actually thought it was just the genesis block which was published with the code and paper and the next block was a week after that. I may have it wrong, but I'm pretty sure he didn't spend a month mining alone. |
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While those people were preparing (obviously they don't all have the coins to spend yet) the price would rise to accommodate them. So yes, the price has to rise in order for that to happen without the universe exploding or something, but it automatically will, so it isn't something to worry about.
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Any plans on making fractional chips?
Or simply adding another zero to everyone's balance and making 1BTC = 10000 chips?
We are much more likely to go fractional than change the conversion. A conversion change could cause players to make bad mistakes while unaware or confused and is just generally a bit odd. Any change will need some study and preparation but it looks like the pressure is on. Tables with blinds of 1/1 are a possibility as a near term help. Anyone have thoughts on that? If anyone is unaware there are already 10 and 25 chip SNGs of all types available. |
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