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3421  Bitcoin / Bitcoin Discussion / Re: We already have money. Why do we need Bitcoin?? on: April 09, 2014, 12:31:41 AM
Because unlike Gold and Cryptocurrency, fiat scam-currency is NOT REAL MONEY. It's HORRIBLE as a form of money.

Hyper-inflation gave rise to Hitler, and that's a fact, jack.

https://www.youtube.com/watch?v=iFDe5kUUyT0
3422  Economy / Service Discussion / Re: (NSFW) From the lovely girls of ClassyCams we have a treat for you! on: April 08, 2014, 04:51:19 AM
Explain to me how a webcam is low class?

Maybe you mean sluts on webcam?

That's what I'm trying to change.  The image that you have in your head right now.  Just like there are high end products and low end products.  There are sites with not so classy models and there are sites with high end educated non foreign models who don't throw dildos in their vaginas for 1000s of users in their rooms for free.

http://imgur.com/LKRRZAD
Holy shit, that parasite pimp piece of filth got OWNED!!

Go home, Littlefinger. Nobody likes you.
3423  Bitcoin / Bitcoin Discussion / Re: 47% of Americans want to make purchasing goods and services w/ Bitcoins illegal on: April 08, 2014, 04:28:54 AM
47% of Americans are fat, stupid fools.

Coincidence?  Grin
<3 !! Love it!

So many clueless people...

A familiar story here:

https://www.youtube.com/watch?v=QPKKQnijnsM
3424  Bitcoin / Bitcoin Discussion / Re: This day a year ago on: April 07, 2014, 07:00:55 PM
Yes, Bitcoin didn't disappear and is probably not going to anytime soon; but that sudden rush of April 2013 actually was a bubble, and quite a short-lived one, too.
Was it ?

Have a look at the full 3 year logarithmic scale of Bitcoin's rise. The "bubble" you are speaking about can be seen in context at the top left of step 4 below:

3425  Bitcoin / Bitcoin Discussion / Re: What happens when bitcoin mining is obsolete (who will verify the transactions?) on: April 07, 2014, 02:05:28 PM
Artificial intelligence entities, just like us.
3426  Bitcoin / Bitcoin Discussion / Re: #bitcoin #nash #Satoshi John Forbes Nash created bitcoin < ^ ^ > on: April 07, 2014, 02:04:47 PM
"Great minds discuss ideas; average minds discuss events; small minds discuss people."
-Eleanor Roosevelt
3427  Bitcoin / Bitcoin Discussion / Re: Whats your wallet balance? on: April 07, 2014, 02:00:47 PM
Which wallet?
Why should I tell you?
What if I don't want to admit to being broke?
Why would someone with a large balance tell the truth?
QFT.

I have six brain wallets, try and guess how much wealth is stored in each one!

3428  Bitcoin / Mining speculation / Re: Miners DUMPING their ASICs on: April 07, 2014, 04:29:26 AM
PANIC
Cheesy Cheesy Grin Lips sealed
3429  Bitcoin / Bitcoin Discussion / Re: Soon to be college grad in need of advice- what's the deal with Bitcoin? on: April 07, 2014, 03:43:44 AM
Brainwallets are the least secure of all. Never go for it. I am seeing too many threads here in Bitcointalk about Brainwallets being hacked in to, and the Bitcoins in them stolen by the hackers.
This argument is fallicious. Brain wallets are being hacked not because brain wallets are not secure, but because people are morons. I have six brain wallets. They are as secure as the laws of the universe.

Do your homework thoroughly before using ANY kind of cryptocurrency wallet!
3430  Bitcoin / Bitcoin Discussion / Re: Soon to be college grad in need of advice- what's the deal with Bitcoin? on: April 07, 2014, 03:40:49 AM
Watch this: https://www.youtube.com/watch?v=vaPgfErzeu0
And this: https://www.youtube.com/watch?v=Cs6F91dFYCs
And this: https://www.youtube.com/watch?v=dQdmsL147j0
And this: https://www.youtube.com/watch?v=e__m-w4N7NI

And read this: https://medium.com/what-i-learned-today/1a812f8fa7cd
And this: https://medium.com/what-i-learned-today/ab461d4ee1b7
3431  Bitcoin / Bitcoin Discussion / Re: New attack on the bitcoin network. on: April 07, 2014, 03:22:39 AM
Complaining about a day of bitcoin trouble in spring 2014 is like complaining about a day of internet trouble in spring 1994.
3432  Bitcoin / Bitcoin Discussion / Re: Apple vs. Bitcoin - war is over? on: April 07, 2014, 02:48:57 AM
You would compare a corporation, a mere financial entity, a "large business" to the technological [r]evolution in money that is Bitcoin? Fool.

I fear the intellectual chasm between you and I may be too vast for us to cross with mere words. We'll have to mind-meld.

Meet me in Tokyo, midnight, December 32nd, 2014. The place where the monkeys kiss the moon.

Also, watch this: https://www.youtube.com/watch?v=vaPgfErzeu0

And this: https://www.youtube.com/watch?v=Cs6F91dFYCs

And this: https://www.youtube.com/watch?v=e__m-w4N7NI

And read this: https://medium.com/what-i-learned-today/1a812f8fa7cd

And read this: https://medium.com/what-i-learned-today/ab461d4ee1b7
3433  Bitcoin / Bitcoin Discussion / Re: Soon to be college grad in need of advice- what's the deal with Bitcoin? on: April 07, 2014, 02:43:40 AM
Quote
Also, how secure is it if someone tried to steal my money?

If you make paper wallets then it's just a matter of physical security.
There is also the Brain Wallet

There's a how-to guide here: http://www.buybitcoinswiki.com/how-to-setup-a-bitcoin-brain-wallet/

Be EXTREMELY careful in passphrase selection. Never choose anything written anywhere previously. Be 100% original.
3434  Bitcoin / Bitcoin Discussion / Re: Soon to be college grad in need of advice- what's the deal with Bitcoin? on: April 07, 2014, 02:39:23 AM
Bitcoin will be $1 million in a very short time
Subtract the hyperbole: "Bitcoin will be exchanging for one million plus dollars within three to six years."

If you want to understand why, study the birth of the internet, a decentralized network. See how quickly this decentralized model overwhelmed and transcended the decades old centralized telecom network.

Quote
"Since the mid-1990s, the Internet has had a revolutionary impact on culture and commerce, including the rise of near-instant communication by electronic mail, instant messaging, voice over Internet Protocol (VoIP) telephone calls, two-way interactive video calls, and the World Wide Web with its discussion forums, blogs, social networking, and online shopping sites. The research and education community continues to develop and use advanced networks such as NSF's very high speed Backbone Network Service (vBNS), Internet2, and National LambdaRail. Increasing amounts of data are transmitted at higher and higher speeds over fiber optic networks operating at 1-Gbit/s, 10-Gbit/s, or more.

The Internet's takeover of the global communication landscape was almost instant in historical terms: it only communicated 1% of the information flowing through two-way telecommunications networks in the year 1993, already 51% by 2000, and more than 97% of the telecommunicated information by 2007.[1] Today the Internet continues to grow, driven by ever greater amounts of online information, commerce, entertainment, and social networking"

http://en.wikipedia.org/wiki/History_of_the_Internet

1% to 99.9% in 14 short years. Expect a slightly shorter time horizon for the adoption of cryptocurrency. Remember, our technological progress is accelerating exponentially, not linearly.

With each passing year, our pace increases...
3435  Bitcoin / Bitcoin Discussion / Re: Soon to be college grad in need of advice- what's the deal with Bitcoin? on: April 06, 2014, 03:41:24 PM
Hello and welcome to the Bitcointalk forum.

Is this the real thing?
Yes it is.

Should I treat it as more of an investment or will it actually be useful to my everyday life?
Both. By the time this investment matures, there will be no fiat currencies left to "cash out" to, as everyone will be using cryptocurrency. The video I link below will elaborate on this explanation.

What would cause Bitcoin to lose much of its value?
Fear, uncertainty, and doubt. Many people invested in Bitcoin hoping that it'd be a "get rich quick" scheme. It didn't work out, as crypto's widespread adoption is going to take at least a couple of years, maybe as long as five to ten. These people bail out by the thousands at the first downturn, They also bail back in by the tens of thousands at the first upturn. This is why Bitcoin's price has been so unstable. Fear and greed.

Can governments actually stop it/regulate it?
No, nation-state governments cannot effectively do either. It's decentralized, just like file-sharing over torrents. They are powerless to stop it unless they destroyed the internet itself (won't happen).

What's the best way for me to understand the concept?
Watch this video: https://www.youtube.com/watch?v=vaPgfErzeu0

Good luck, be safe, do your homework about smart security practices, and HAVE FUN!
3436  Bitcoin / Bitcoin Discussion / Re: What happens to bitcoin when the lights go out? on: April 06, 2014, 02:56:08 PM
Gas generators and landlines for the win, noobs. Damn kids today, don't even know how to change the oil in their cars, let alone how to survive 3 days without Netflix and Smartphones.
3437  Bitcoin / Bitcoin Discussion / Re: TEDx: Bitcoin - The organism, by Jeff Garzik on: April 06, 2014, 01:44:20 AM
I thought this was excellent, and everyone should watch it.
3438  Bitcoin / Bitcoin Discussion / Re: 15th of April on: April 05, 2014, 10:06:49 PM
I'm thinking 570-575ish by April 15th.
3439  Economy / Speculation / Re: Bitcoin will have no more big "to the moon" rises anymore. Face reality on: April 05, 2014, 09:22:46 PM
This was actually kind of beautiful, it was a vaguely coherent verbal vomit tour de force of practically all the FUD and myths out there, with a serving of anecdotes about a personal lack of judgement...
3440  Economy / Service Discussion / Re: (NSFW) From the lovely girls of ClassyCams we have a treat for you! on: April 05, 2014, 04:25:29 PM
You're easily the nastiest person I've seen on this forum all year.  I'm sure I speak for many of us when I say "We pity you; deeply".
If you read my post with comprehension, you would've noticed I was careful not to denigrate sex workers in any way, shape, or form. Only the capitalist parasite at the top, exploiting their hard work.

I call it like I see it for the benefit of the community. I am indifferent to the opinions of internet strangers who are almost certainly less intelligent than myself (speaking strictly of probability).

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