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3661  Economy / Speculation / Re: You guys need a reality check on: January 10, 2012, 06:13:56 PM
Quote
10) Last but not least, who the hell is stupid enough to pay $5.00 now for a bitcoin?
Good luck buying a bitcoin for 5$ now  Cheesy
It seems i have to quote myself
3662  Economy / Speculation / Re: Was the big spike a sign of the bull or bear? on: January 10, 2012, 06:11:53 PM
Just don't start opening thread when it reach 30$ with "bawwhhh early adopters were able to buy bitcoins at 6.5$ and make huge profits bawwhhh"

Early adopters=RISK
3663  Bitcoin / Bitcoin Discussion / Re: Bitcoin DRM behind price increase? on: January 09, 2012, 03:23:39 PM
Epic
That would really stop piracy.
Buy ORIGINAL game, edit binary, get BITCOINS
3664  Bitcoin / Bitcoin Discussion / Re: BITCOIN booth at CES Las Vegas! Tell all reporters! on: January 09, 2012, 03:19:58 PM
Some photos of the booth, for those who aren't at las vegas?  Cheesy
3665  Other / Beginners & Help / Re: bruteforcing sha256 on: January 09, 2012, 02:12:37 PM
essentially, isn't this what mining does?
we do all the hard work, save the results - eventually every single hash will be decrypted & linked to its digest...

sha256 security? getting less by the hash
No.
3666  Bitcoin / Bitcoin Discussion / Re: BITCOIN booth at CES Las Vegas! Tell all reporters! on: January 08, 2012, 11:35:40 AM
Quote
many analysts agree that no single device or technology has emerged to define the show.
Pfffft
They are just saying "there is no new iFail device"
3667  Other / Beginners & Help / Re: Bitcoin is on interpols radar on: January 08, 2012, 11:32:11 AM
I have seen a copy of the memo. It is real, there 438 9001 names on the current international watch list. 53 42 of those names are under a serious counter inteligence operation for money laundering activities. Warrants have been served for banking, phone records and for the isp logs. Softlayer Dallas has had open warrants on it for 6 666 months currently 176 419 board members are consider high value targets.


It is the Numerology that matters.  Grin


FIXED  Cheesy
3668  Bitcoin / Bitcoin Discussion / Re: Monocoinism vs. Polycoinism on: January 07, 2012, 01:01:28 PM
The funny fact is that they are really "religious men". If i remember well they added like holy writings in blocks mined from eligius.
And now, like any serious religious ppl, they launch crusades against DA EVIL
3669  Other / Beginners & Help / Re: Could internet be made illegal? on: January 07, 2012, 11:54:42 AM
If tomorrow all the international drug peddlers, arms dealers, human traffickers, bonsai kitten merchants decided to trade solely on the internet, could the US or any other government actually make the internet itself illegal?  Instead of cracking down on illegal businesses, could a government actually outlaw the process of hosting websites on servers or browsing the internet?
You imply the government is not related to these crimes. But often governments are corrupted and have interests in illegal things...
3670  Other / Beginners & Help / Re: 4chan's /g/ gets back into Bitcoins... on: January 06, 2012, 09:02:11 PM
He understood everything
3671  Other / Beginners & Help / Re: 4chan's /g/ gets back into Bitcoins... on: January 06, 2012, 08:40:42 PM
Ah, they insulted us for months and now there is profit and they are all jumping on the bandwagon  Cheesy
3672  Bitcoin / Bitcoin Discussion / Re: Bitcoin DRM behind price increase? on: January 06, 2012, 07:02:59 PM
Pirates happily cracked Ubisoft's drm, even the online required ones, that required a connection with their server.

Do someone really think the "btc drm" will change anything?
3673  Bitcoin / Bitcoin Discussion / Re: Bitcoin DRM behind price increase? on: January 06, 2012, 06:58:57 PM
+1 to what piuk said, this won't stop piracy, this will only make people who buy original games think "wtf i buy an original game and i must endure all these idiocies while a pirate play for free and without any problems"

+

if it's true, then well, BUY BUY BUY Cheesy
3674  Other / Meta / Re: I am trying to understand why this forum has public Tor nodes blocked. on: January 06, 2012, 05:43:55 PM
As far as i know fixed IP is commong like only in usa

Quote
IP bans are effective at making ban evasion more difficult
With dynamic ip, ip bans are effective at annoying innocent users that end up using a banned ip.
3675  Other / Meta / Re: I am trying to understand why this forum has public Tor nodes blocked. on: January 06, 2012, 05:14:02 PM
Lololol, did i hear IP BAN?

IP BAN is so much fail. Never heard about DYNAMIC IP? You restart your router and get a new ip, ta dah! And guess what, the old ip end up being used by ANOTHER person. And he will find himself banned  Cheesy Cheesy Double the fail, double the lulz.
3676  Economy / Speculation / Chevron 7 locked! on: January 06, 2012, 01:21:20 PM
I know it already reached 7 but i was sleeping so i open the thread now.

3677  Alternate cryptocurrencies / Altcoin Discussion / Re: Solidcoin 2 victory! on: January 06, 2012, 12:12:08 PM
It was a nice game
3678  Other / Beginners & Help / Re: anyone using other cryptocurrencies? on: January 06, 2012, 11:49:36 AM
Litecoin is such a minimal modification to Bitcoin that one should discuss altering the Bitcoin block frequency instead of forking the project. True, the generation curve is a little better -- but IMO, they should have gone all the way and left out the minting cuts in the first place. On the long run, it's not different from Bitcoin, and on the short run it's preferable to not migrate away from Bitcoin.

The point of Litecoin was to accommodate people without access to GPUs.  Period.  Nothing more.  There was no problem that Bitcoin had which needed solving.  It was more a case of "not fair those other kids got more Gigahashes.   I am making my own sandbox where only megahashes are allowed to play".

It will have a short life.
Yes but who care? I mine litecoin with my quad cpu and sell them for BTC. 1 core is enough for gpu mining, why leaving 3 cores idle?
3679  Economy / Economics / Re: The early-adoptor unfairness on: January 05, 2012, 07:25:46 PM
Buy bitcoin NOW instead of starting "early adopter are unfair" bawhhh thread

Guess what, these threads appear ONLY after bitcoin rise a bit

Guess what, why you didn't open that thread when bitcoin dropped to 2? Oh right back then bitcoin was DEAD. You risked 0, you bough 0 bitcoin at 2$. And now you whine as a KID because OTHERS bought them at 2 and are making a +200% PROFIT
Bawhhh
3680  Other / Beginners & Help / Re: What problems does bitcoin really solve? on: January 05, 2012, 07:20:58 PM
http://bitcoinmedia.com/bulleted-advantages/

Quote
   
Decentralised and free from control
No regulations: while the advantages of decentralization might not seem at first apparent, consider that a decentralized structure constitutes an incorruptible medium. This is the first time we have such technology.
Always running
No bank holidays, no weekend breaks. Bitcoin is running. As long as the internet is up somewhere in the world, bitcoin is running.
International
Bitcoin has no borders. It does not discriminate against or classify or limit its users based on location or citizenship.
No/low fees
 I can at this very moment send thousands of dollars anywhere in the world at no cost.
New privacy model
Bitcoin provides anonymity with merchant sites. Only when trading platforms (exchanges) are presented with a warrant or the user willingly provides his or her identification can one’s personal information be accessed.
Transparent system
Bitcoin is 100% transparent. While users need not disclose which bitcoin wallet is theirs, every transaction ever made in the system is public record allowing for an open world.
Divisible
A bitcoin is divisible to 8 decimal places and in the future perhaps more. Microtransactions are truly a possibility. In this way bitcoin is not only advancing modern methods but creating potentially new markets which may have drastic impact on society. (media, internet culture, crowd sourcing, donating)
Secure
Playstation being hacked resulted in 77 million compromised accounts, that is more than 1% of the entire planet. Had your credit card details been stolen, a malicious hacker could withdraw money from your account. If you paid in bitcoins, this would be an impossibility. Sure there are services with fraud protection, but these are subsidized by the commercial gains from the client.
      
Bitcoin uses the latest encryption technology. While underdeveloped merchant sites may not be safe, you would not blame visa or mastercard if you put your card number of an unsafe site. The actual bitcoin protocol is very safe. Before it is compromised, our societal infrastructure would collapse due to it being built on weaker systems.
Fast transfers
Irregardless of geographical distance, you have a payment go through in under an hour. No longer are we at the mercy of week long payments or waiting weeks because of banking inefficiencies. Anybody who has travelled can attest to the nightmare of the finance system across borders.
No chargebacks
Selling digital goods is currently not possible due to friendly fraud. Bitcoin does not have chargebacks and friendly fraud is impossible.
Environmentally friendly / efficient
Market driven infrastructure ensures cost savings as participants are forced to compete through the algorithmic adjustment. People find more efficient ways to process transactions due to financial incentive from the system. This drives power usage right down.
Digital
Nobody could understand the benefits of digital media when it first appeared- there did not seem to be any gain. Bitcoin is digital cash. All of the benefits of digitalised media for cash that we have not yet imagined. “Back that shit up, keep it encrypted offline, stored in multiple locations for ultimate redundant security, …”
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