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361  Economy / Speculation / Re: I AM HODLING on: December 18, 2013, 07:30:17 PM
362  Economy / Speculation / Re: I AM HODLING on: December 18, 2013, 10:06:48 AM
HODL!
363  Economy / Speculation / Re: btccharts.com are you freacking serious ???? on: December 13, 2013, 08:38:01 PM

Everything looks good for me, can you specify whats the problem?


 I want my money back.
364  Economy / Speculation / Re: SecondMarket Bitcoin Investment Trust Observer on: December 07, 2013, 02:32:45 PM
*bump*

Figures for December 6?
365  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 29, 2013, 06:43:02 AM
@Holiday indicated that parity with gold was reached earlier.
Gold is now just 10 cents higher than BTC all time high.

366  Bitcoin / Bitcoin Discussion / Re: I am pretty confident we are the new wealthy elite, gentlemen. on: November 29, 2013, 06:40:38 AM


Looks like Bitcoin is about to stick a needle in the Gold Bubble.  Grin  Cheesy
367  Bitcoin / Bitcoin Discussion / Re: Highlights from the Senate hearing on: November 26, 2013, 01:17:09 AM
Great work! Grin
368  Bitcoin / Hardware / Re: Visit of ASICMINER's Immersion Cooling Mining Facility on: November 25, 2013, 06:25:57 PM
Nice racks. Very impressive setup. Any chance of sharing "the specs" of this facility?

Couldn't help but hum along to this song. (Deus Ex Soundtrack - Wan Chai)
369  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 22, 2013, 10:13:38 PM
We have added $3.5 billion in market cap this week.  No other week compares from this perspective.
You're thinking linearly.

I love it when people get it  Grin

*nods in agreement*

370  Economy / Service Announcements / Re: Bets of Bitcoin - Bitcoin betting on real world events on: November 21, 2013, 02:15:07 PM

Name:   coinjedi
Posts:   184
Activity:   184
Position:   Full Member
Date Registered:   May 27, 2011, 01:37:11 PM
Last Active:   September 04, 2013, 03:27:22 AM


He still hasn't been online / logged in since early September.

...I'm sorry.  Sad

Perhaps a forum moderator could be so kind and helpful as to plaster a WARNING
 about this state of affairs in big red letters, to the start of the first post on the first page of this thread?

I mean: If bets aren't being closed, then the site is useless.

If bets are being closed, then it must be assumed that CoinJedi has surrendered to the dark side.
371  Bitcoin / Bitcoin Discussion / Re: Best bitcoin publications? on: November 21, 2013, 02:38:47 AM
Couldn't hurt to try yBitcoin:

Quote
yBitcoin introduces Bitcoin’s story and its most reputable companies to discerning readers worldwide.

A free quarterly publication showcasing the best of the Bitcoin Universe, yBitcoin eloquently demystifies the most disruptive innovation since the internet.

http://ybitcoin.net/
372  Economy / Speculation / Re: Prepare for the new influx of buyers on: November 20, 2013, 12:47:10 AM

Yup, everyone watching CSPAN that wasn:t already invested in bitcoin (maybe 10 people...?  Wink)
learned about it just in time to come online and witness the market crash. Or correction.
Whatever you want to call it. I:m sure they:ll be real motivated to invest their hard earned money in it now  Roll Eyes

Ahem... Bitcoin #1 top Google Trend worldwide yesterday:



Source: http://www.google.com/trends/ via http://www.reddit.com/r/Bitcoin/comments/1qxhnt/bitcoin_the_most_popular_search_term_today/





 (October 31 was the $27 apartment guy.)

Source: www.stats.grok.se/en/latest30/bitcoin
373  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 20, 2013, 12:32:08 AM


 (October 31 was the $27 apartment guy.)

Source: www.stats.grok.se/en/latest30/bitcoin
374  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 19, 2013, 11:09:28 PM

Quote from: Jerry Brito

So Tunstall just said "we" several times speaking about Ripple.

#bitcoin https://twitter.com/jerrybrito/status/402918026968039425

Chris Larsen, the CEO of Ripple was originally scheduled to appear in her place.
375  Bitcoin / Bitcoin Discussion / Re: Bitcoin at the US Senate on: November 19, 2013, 10:59:10 PM
If anyone else was wondering about Tunstall:
https://twitter.com/jerrybrito/status/402918026968039425

That would explain a lot.  This is why she was saying Bitcoin needs to do things which are impossible.  It was simply a way to advocate for Ripple the centralized alternative.

Did she stand in for Ripple CEO Chris Larsen?
376  Economy / Speculation / Bitcoin #1 @ http://www.google.com/trends/ on: November 18, 2013, 10:44:13 PM

http://www.google.com/trends/

 Wink
377  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 17, 2013, 03:45:47 PM


  

The network finds a way. Smiley

378  Bitcoin / Bitcoin Discussion / Re: The One Thing Bitcoin Has Taught Me ... on: November 17, 2013, 03:29:38 PM
Sometimes "hacking" pays even more.

How very true. As a rule of thumb:


Whenever a sufficiently anonymous service is entrusted with bitcoins without sufficient collateral,
and the amount thus entrusted is large compared to the profitability of the service,
that service will cease to exist when the ratio of coins coming in to the coins going out turns negative.

379  Economy / Service Announcements / Re: Bets of Bitcoin - Bitcoin betting on real world events on: November 17, 2013, 03:24:52 PM
Forgot username, and have been trying to e-mail admin... please respond so I can access my account

Ouch!  Sad


In light of the recent string of so called "failures" and so called "hacks", please consider the following:


[Bets Of Bitcoin?] Does anyone know anything about this site? If legit, does anyone have any idea what the average length of time is before an outcome can be decided and closed, and the bidders paid out?

Hmm...

As food for thought, here is a bet to consider:

Prediction: Bets of Bitcoin won't be back online.

Rationale: Whenever a sufficiently anonymous service is entrusted with bitcoin without sufficient collateral,
and the amount thus entrusted is large in comparison to the profitability of the service,
that service will cease to exist when the ratio of coins coming in to the coins going out turns negative.

Deadline: January 1, 2014.





Name:   coinjedi
Posts:   184
Activity:   184
Position:   Full Member
Date Registered:   May 27, 2011, 01:37:11 PM
Last Active:   September 04, 2013, 03:27:22 AM






First, I have used BetsOfBitcoin for a couple of years. I REALLY enjoyed bets of bitcoin.  Smiley

That said, I would very strongly recommend against trusting them your money.



Here is why:


Coinjedi, the owner and developer of BetsOfBitcoin is (AFAICT) anonymous.

Depositing money to BetsOfBitcoin is exactly equivalent to "sending cash to a stranger on the internet".

This is a bad, problematic, entirely not acceptable state of affairs.




Coinjedi could run away with all the money entrusted to the site, at any time.

There wouldn't be any obvious way for users of the site to even reach him.


For example: If he "forgets" to renew the domain registration, he could just take the deposited money, and...

well... on second thought... he wouldn't even need to do anything,  other than forget to pay the bill.

That would be the end of it.



Those moneys have already been given to him, and the users of the site have no choice but to blindly trust that he will return them, according to his rules.

Now, when dealing in bitcoin... This trust model.... How do I put this...


History teaches that it often seems to work flawlessly for a time, a long time, until it one day catastrophically stops working with little or no warning.

The website in question mysteriously ceases to exist, citing "technical difficulties", followed by promises of "be back soon", followed by... radio silence forever.

And your money would be gone. And you would be sad. And there would be nothing you could do to get them back.


As for warning signs: The owner has not responded to users on BitcoinTalk for a month... The site seems to have fallen into disuse and disrepair as of late. SSL cert expiry, and so on...


So... yeah...

Does that answer your question?



PS: All of the above was written before these latest failures happened...  Undecided



Stay safe.
380  Other / Meta / Re: Forum Category for Female Bitcoiners on: November 17, 2013, 01:25:02 AM
Quote
I was thinking about the merits of having a forum category aimed at and for female bitcoiners to use.

I think it's an obviously good idea. Think of it in terms of utilizing and cultivating the full talent pool...



Admittedly, there are differences.

On the whole, my impression is that Bitcointalk is not obviously better than Saudi Arabia when it comes to encouraging women to participate.

That would be problematic, need to vet every poster that posts there, on a forum where people tend to value their anonymity?

No need for that. There are lots of Local forums. Do you feel compelled to vet the Korean forum, to keep non-koreans out?

A women's sub-forum shouldn't imply "no men allowed" any more than the hebrew forum should imply "no gentiles allowed".
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