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341  Economy / Gambling / Re: SealsWithClubs.eu | Largest Bitcoin Poker Site | No Banking | Fast Cashouts on: March 06, 2013, 05:38:49 AM
I heard there was 100 chip promotion for logging on with android app.
My nick is Deucejuice. I do not think I received this promo chips.
Maybe I heard wrong.

Some people have an offer showing on their My Account page. It isn't for everyone unfortunately.

There will be an Android only freeroll sometime soon, that will be for everyone (who can log in on the android).
342  Bitcoin / Press / Re: 2013-03-05 Falkvinge: Target Value for Bitcoin is $100K to $1M on: March 06, 2013, 02:51:03 AM
I agree that 20 years from now one Bitcoin will either be worth $1x10^6 +/-$1x10^1 or worth nothing.

I think that's more specific than you intended. I read it as $999990-$1000010.  Tongue
343  Bitcoin / Press / Re: 2013-03-05 Barron's: Meet Bitcoin, the World’s Best Performing Currency on: March 06, 2013, 01:28:16 AM
The only way for there not to be drug trade in a currency is for that currency to completely die, so just think of it like a pulse.
344  Bitcoin / Press / Re: 2013-03-05 Seeking Alpha: Bitcoin Bubble 2.0 on: March 06, 2013, 01:23:19 AM
Quote
Summary:
» Bitcoins can be hyperinflated in substance
» Bitcoins can never be the most saleable good
» Bitcoins cannot account for the regression theorem
» Bitcoins are the equivalent of token money
» Bitcoins are the opposite of anonymous
» The USD price of a bitcoin has been rising in an unsustainable fashion, the only thing missing being a blow-off top

http://seekingalpha.com/instablog/7761841-patrik-korda/1616371-bitcoin-bubble-2-0


Regression theorem is just one hypothesis on how we invented money (the other popular one is money as debt) - but it does not state that this is the only way to create money in a society that has the technologies that we have now.

This.

I think it is a correct description of the past. And that's all.
345  Bitcoin / Bitcoin Discussion / Re: Lost bitcoins - a bigger flaw than originally thought? on: March 05, 2013, 06:56:44 PM
If you feel so strongly that this is the deathblow to bitcoin the fork the project implement remining rules into the protocol and launch "eternalcoin" or whatever you want to call it.  If Bitcoin is truly flawed then in time the market will dump bitcoin in favor of eternalcoin.  Personally I have no problems with a coin which does this from the begining (or implements demurage like freicoin) but to change the rules after the fact is just plain theft.  Period.

For real. I think I'm going to use GMAA (go make an altcoin) as the new GTFO.
346  Bitcoin / Press / Re: 2013-03-04 - The Verge - New Bitcoin-only electronics retailer hopes to undercut on: March 05, 2013, 04:45:06 PM
Is it really true that BTC is widely used to purchase child porn? I see that accusation thrown around a lot, but are there any sources to back that claim up? I think not?

I have no idea. If anyone makes the claim ask what price they paid. Game over.
Should I start listing everything nasty that dollars/euros etc. can be used for and has been used for?

Maybe you misunderstood me.

I fully agree that it is dumb to complain about how people use any currency.

I was just mentioning a possible tactic that could be used in response. If you ask them for any detail they will admit that their source of info is very week, not first hand, not second hand, not verified, etc.
347  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: March 05, 2013, 07:09:47 AM
Someone really wants $39 bitcoins to hold. This is epic standard.
348  Economy / Gambling / Re: SealsWithClubs.eu | Largest Bitcoin Poker Site | No Banking | Fast Cashouts on: March 05, 2013, 04:36:58 AM
For the life of me I cannot configure my firewall to connect to the "play" portion of the site.  I know my isp isnt blocking the site because if I connect right to the modem it is fine.  What specific ports, IPs and content filtering need to be off.  Any help would be appreciated, thanks.

8087 and 8088 are what the flash client needs.

Check your PMs too.
349  Bitcoin / Press / Re: 2013-03-04 - The Verge - New Bitcoin-only electronics retailer hopes to undercut on: March 04, 2013, 10:06:11 PM
Is it really true that BTC is widely used to purchase child porn? I see that accusation thrown around a lot, but are there any sources to back that claim up? I think not?

I have no idea. If anyone makes the claim ask what price they paid. Game over.
350  Bitcoin / Press / 2013-03-03 Marginal Revolution - Good or bad news for Bitcoin? on: March 04, 2013, 03:41:24 PM
Just an image, a sentence and a link to bitcoin magazine, but there are a lot of comments.

http://marginalrevolution.com/marginalrevolution/2013/03/good-or-bad-news-for-bitcoin.html
351  Economy / Gambling / Re: SealsWithClubs.eu | Largest Bitcoin Poker Site | No Banking | Fast Cashouts on: March 03, 2013, 04:32:46 PM
I can't login to the site, and I just did a DNS lookup and it said the site wasn't registered.

Sorry about that. It should be working now or in a few minutes.
352  Economy / Gambling / Re: SealsWithClubs.eu | Largest Bitcoin Poker Site | No Banking | Fast Cashouts on: March 03, 2013, 10:58:09 AM
Cloudflare is offline, so Seals is offline. I don't expect it to take very long to get back up one way or another.

Any news?

Try now, players are getting in.
353  Economy / Gambling / Re: SealsWithClubs.eu | Largest Bitcoin Poker Site | No Banking | Fast Cashouts on: March 03, 2013, 10:17:51 AM
Cloudflare is offline, so Seals is offline. I don't expect it to take very long to get back up one way or another.
354  Economy / Speculation / Re: What will the price do when the reward halves again in November of 2016? on: March 02, 2013, 07:34:24 PM
Every halving is mostly priced in from the beginning as they are literally part of the definition of Bitcoin. The demand for the coin only results in a price because it interacts with a limited supply, there is only a limited supply because of halvings.
355  Bitcoin / Development & Technical Discussion / Re: Can anybody stall Bitcoin for 72BTC per hour? on: March 02, 2013, 06:48:36 PM
Such an 'attack' would make the price of BTC skyrocket. In order to sustain this 'attack' a lot of bitcoins would need to be purchased. The laws of supply and demand dictates if there is a limited supply and a large demand price will go up. At 72BTC needed per hour the demand for BTC would be enormous. The longer this 'attack' lasts the more bitcoins are in demand the more expensive they become. This would make such an attack unsustainable for even the richest entities. Even though transactions won't be able to process for a while I doubt anybody would complain when seeing the value of their bitcoins skyrocketing.

Yes, and if the attack was actually working they wouldn't be able to buy more since no one could get coins to the exchanges, rofl.
356  Bitcoin / Bitcoin Discussion / Re: Fundamental bitcoin flaw - revisited on: March 02, 2013, 09:31:27 AM
In case some people aren't realizing the simple practice of handing off keys is not a safe way to preform bitcoin transactions. The 'sender' can reuse that money any time, a primary way would be to send it to themselves at a new address by making an actual bitcoin transaction.
357  Bitcoin / Development & Technical Discussion / Re: Can anybody stall Bitcoin for 72BTC per hour? on: March 01, 2013, 11:15:54 PM
So someone spends 72/hr in order to make people pay .001 for tx? That sounds wonderful for miners and a tiny inconvenience for users. It's just ~1.5M dollars worth per month. Assuming you don't drive prices up at all.
the establishment has plenty of dollars. also they can always print more Wink


imagine bitcoin will stall for three days.

I suppose a short term inconvenience would not be too hard to pull off this way, but they would be supporting the bitcoin price and enriching bitcoin miners. An the public relations angle would be bad but not terrible, "Why am I not getting in a block?" Someone else is paying more than you.

Solutions exist and more will be made regarding setting your own fee and even replacing transactions to have a higher fee when they  don't get confirmed fast enough. So this is expensive, just an inconvenience, and going to become less effective over time even if the block size is not increased, which it probably will be.
358  Bitcoin / Development & Technical Discussion / Re: Can anybody stall Bitcoin for 72BTC per hour? on: March 01, 2013, 11:10:06 PM
So someone spends 72/hr in order to make people pay .001 for tx? That sounds wonderful for miners and a tiny inconvenience for users. It's just ~1.5M dollars worth per month. Assuming you don't drive prices up at all.
359  Bitcoin / Bitcoin Discussion / Re: [Voting] Bitcoin Slogan / Tagline on: February 27, 2013, 09:16:09 AM
Strength in Numbers
360  Bitcoin / Press / Re: 2013-02-26 Zerohedge.com - Alternative Currency Goes Mainstream As Bitcoin ATMs on: February 26, 2013, 10:49:48 PM
You have two cows, you sell them for bitcoins, now you have less bullshit to worry about.
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