Interesting article: https://www.scirra.com/blog/tom/4/bitcoins-uk-future-looks-bleakHMRC (the UK tax agency) have clumsily labelled Bitcoins as 'Single Purpose Vouchers'. This means that VAT is due on them. Some of these responses also indicate glaring misunderstandings of what Bitcoin is, hilariously the Bank of England wrote back to tell me "There have been no meetings held at the BoE attended by Bitcoin".  |
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Yeah maybe I am missing something obvious, but can you not do a normal SEPA transfer by going into your bank branch, or even online with some banks?
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Well what do you think will grow more quickly?
Say you have 100 LTC today worth say $500.
Those 100 LTC can buy 1 BTC worth $500.
Which do you think will grow more quickly? The value of BTC or the value of LTC?
Personally, I think it's easier for your 100 LTC to become $1000 if you left in LTC. Doubling from $5 to $10 per LTC seems more plausible in the short term than BTC from $500 to $1000.
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pool size has increased, your payout pre block reduces, but block should be more frequent
Ahh yeah, I get you. Frequency increases so overall payout stays the same. Obvious now you mention it. Thanks |
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I bought a small amount of GH from CEX to try it out.
Last week, I was getting about 0.00039 - 0.0004 per block.
Right now I am getting closer to 0.00035 per block.
My GH hasn't been reduced and the difficulty hasn't gone up.
So why would that be? I thought that the payout would be fairly constant until the difficulty goes up?
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And why is it worth so few BTC any more?
It was down to 5,000 Ripple to 1 BTC at one point...now it's about 35,000
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Simple.
Don't risk more than you're willing to lose.
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Someone on here must play on EUW?
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Selling my account. Totally fed up with this game and don't want to play it any more.
Approx 35 champs with a couple of skins. Reward for season 3 for gold league will be an additional victorious skin.
I think there are 6 rune pages on it too.
If there's any interest, then ill post up pictures and more info on exactly what champs it has.
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So what evidence do you have that the brightest minds in the world are not in these government agencies?
They will also be working in the open source community rather than exclusively in one place because they are passionate about the subject. Really? What world do you live in where employees of the NSA and GCHQ can moonlight in the open source community and spread state secrets around for the users of the bitcoin forum to read? And as for being passionate about the subject, I expect that when you're working on the inside of an agency like that and are in the know when it comes to the real threats in this world, you would probably be on the side of these agencies that do the work they do. |
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Are you really that naive?
Do you underestimate the brightest minds in the world? Do you believe that the minds in the NSA are somehow brighter than those outside of it? So what evidence do you have that the brightest minds in the world are not in these government agencies? A friend of mine's son has studied maths at Cambridge in the UK, he is now doing a PHD over in the US at MIT. She had her son's friend stay with her over the holiday, and told me that this girl was also studying for a PHD also. This girl is apparently ridiculously intelligent, to the point of being autistic, she has no social skills. She has already been approached by GCHQ and has done a summer placement there. She has been offered a place after completing her PHD. That's what happens in the real world, these ultra bright kids will be snapped up by places like GCHQ and NSA before they are 21, but, this forum is just like a hollow box where you all like to shout about the positives of bitcoin without ever considering the real world, so I guess none of this matters. |
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Why would the NSA ever release a 'secure' algorithm? It's like shooting yourself in the foot, it would make their job so much harder. They would only ever release something that they could control. It's just the way the world works.
Because it's public domain and the best experts in cryptography in the world have worked on it, tested it and found no flaw. Also, the NSA themselves rely on this encryption, do they want their secrets revealed? Are you really that naive? |
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Why is everyone so certain that the 'entire world community' has looked at this encryption and hasn't found a flaw? I don't understand the mathematics in this but: http://eprint.iacr.org/2008/270.pdfNow, this looks like it's been done by a university in India. My guess is that the NSA and other world intelligence agencies employ the very best of the best mathematicians. They will scour universities and pick up the top students early on. Their work won't be published like this was. It will be kept secret and the world will think that it's secure. Why would the NSA ever release a 'secure' algorithm? It's like shooting yourself in the foot, it would make their job so much harder. They would only ever release something that they could control. It's just the way the world works. |
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A few bitcoins actually. Around 5-6.
How do you know that? Where can I exchange them? The process is a bit complex. But you'd need an account at bitstamp.net(the domain is correct, right?) and then an account in ripple.com(which you should have). Use this guide: https://ripple.com/blog/how-to-currency-trades-on-the-ripple-network/It takes 1 min if you already have bitstamp account. Lovely, thank you |
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A few bitcoins actually. Around 5-6.
How do you know that? Where can I exchange them? |
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So?
And what is the best way to exchange them now?
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Well now I have a message from this mah87 asking to buy my XRP on the cheap. It seems he is just another one of these guys he writes about  |
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Anyone used multibit that knows?
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