I keep getting Error 522 when i try to connect There is a planned 30 min server upgrade downtime today I believe... http://blog.blockchain.info
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Decent thread: our last attempt at logo redesign (the switch from the gold to the orange logo was a huge step forward, but leaves something to be desired...but it looks like it's working still!) https://bitcointalk.org/index.php?topic=91068.0;allOthers to dig up: Laszlo's ฿10k pizza Knightsmb ฿300k wallet Satoshi's gentleman agreement not to gpu mine & start an arms race Gavin's announcement to present at CIA headquarters Bitcoin foundation announcement Mathew n. Wright's Ellet, bet
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$1 says hacked account.
My excuse? I'm still in school...but I'm modestly ฿ rich...
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I have actually never read this thread entirely through. It is pretty long. However, as I skim the earlier comments I think I can determine who some of the "wealthy elite" already are. The members that are still around now and posted in 2011 should be well on their way! Congrats guys! Sure some probably sold quite a bit of coins already but they were definitely in the game sooner than most of us here. Some sold more than others. But there are probably a few thousand of modestly well off folks who are wondering how to incorporate the unexpected funds into their life goals...
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At the time, Gavin had a bitcoin 'faucet' that gave out bitcoins for free, and a few people were trading them for less than a cent each, but nothing serious. You can probably find all the old posts on this forum still. I was learning OpenCL programming and mining bitcoins with a video card so the pizza was a good deal for me. I couldn't have known that my pizza trade would end up being such a big deal, or that so many others would become interested in bitcoin and thus drive the value up. The people I traded with didn't know it was going to explode either, they just took a risk - spending their 'real' money to buy some guy pizza in exchange for some internet Monopoly money.
Laszlo
Without things like this, bitcoins would still be worthless...trade = spreading coins to more users; the broader the user base, the more valuable bitcoins become. Thank you for pioneering Laszlo! And for protecting our nascent network so that it had a chance to grow up!
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also got it... but my adress is not public If your address has funds on it, or ever had funds on it, then it is public.
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This is not just the "nature of the Bitcoin market" as Holliday puts it.
Clearly you haven't been involved with Bitcoin for enough time. More often than not, someone is intentionally trying to tank the Bitcoin exchange rate. Therefor, it's simply the nature of the Bitcoin market. Ok, who let pirateat40 out of his metal playpen with barbed wire fence?
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Miners focusing in fees is kind if stupid at this point. For the $50 they get in fees they really muck with the user experience of Bitcoin...making the average user unhappy and making the average usefulness of Bitcoin less. The fact that it's the users fault is irrelevant...the token on the network is only as valuable as it is spendable; if it takes forever to spend, it is worth less than a token spendable in 10 mins.
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Flawless plan? Depends on perspective. If you don't mind paying your customers 20% to go learn about bitcoin and become a user, it's a great idea. A very noble donation and great contribution to the community. It is the spread of adoption that is driving value now, and that needs to continue...so it may be in your long term best interests.
From a myopic, immediate self interest perspective, of course it makes sense to take 100% fiat and buy 20% worth of ฿.
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Jesus...
Do you realize we are 11.5% through the year?
That's about 42 days.
Last year's meteoric rise from 200 to 1200 took place in less time than that.
The fact is nobody has a fucking clue what is going to happen despite you thinking you know otherwise.
You are not an Amazon.com executive who is "in the know" about the next big move, you are not the FBI agent with his finger on the sell button for those Silk Road coins, you are not a professor of economics, are you are not Marty fucking McFly.
In July the price could be nearing $2,000 and every post will be talking about how close we are to "da moon". Nobody knows.
I don't like the speculation forum - I only use it a few minutes each day to fantasize about $100,000 Bitcoins, then I snap back into reality. Welcome to it.
Edit: Nevermind, I'm like 90% sure I just got trolled.
Yup. You were trolled. But what a darn good reply!
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It goes up when needed. 'Nuff said.
A payment network that processes little has tokens worth little as well. Hopefully the Bank of America paper has made that plain.
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Worth the read. Thanks for posting.
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hows mean in russia we dont play round big holes at the play ground
They've been slowly working on it for years. It's a big change. Version 0.8 partly addresses the issue (DER malleability).
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I think you could implement this as a colored coin concept running on top of the bitcoin block chain. You could have several layers of volatility/stability trade offs.
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How can I reach Vitalik Buterin here or elsewhere
I can pass a message through a friend if it's urgent.
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I will not buy another Apple product until I can download a native wallet app. Right now I'm thinking the LG Flex looks pretty cool and I kinda want a larger screen than what my iPhone 5s has...but I don't _need_ a new phone yet.
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Ha, that would be funnier if there was another frame or two showing him falling for an obvious scam, Maybe sending coins to one of those double your Bitcoin sites or a ponzi . Or buying a lotto ticket or gambling
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Thanks for posting, Charles. This is a great introduction on many key concepts.
Introduction ? the same name and then nothing except a link to read Get over it. Someone just put some of the biggest ideas in a generation in front of your face. You should take 30 seconds to realize that by listening... Eventually you'll get to know who's who and not need an intro like the rest of us.
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Well, as a physician, our common practice is to disclose any possible conflict of interest. I think asking speakers to disclose which crypto currencies they hold in investment amounts is appropriate. I suspect everyone would know the answer anyhow.
I also think knowing what projects they donate to or contribute code to would also be helpful. I think keeping it voluntary is a good idea.
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