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4021  Alternate cryptocurrencies / Altcoin Discussion / Re: What is ripple? on: July 23, 2014, 09:03:19 PM
Oh, and there seems to be some gross misunderstand from the previous posters, Ripple has it's own currency, ripples, which you can trade in several exchanges, the success and usefulness of the system does not rely on ripples's exchange rate.
4022  Alternate cryptocurrencies / Altcoin Discussion / Re: What is ripple? on: July 23, 2014, 08:55:44 PM
Ripple is a payment network, you can use a lot of different currencies in the system and you can even issue your own currency.
4023  Economy / Exchanges / Re: BITSTAMP seizing coins and accounts - BEWARE on: July 23, 2014, 08:51:47 PM
I really do not understand what is the problem here. I think we all try to convince people that Bitcoin is NOT a tool for smugglers and money launderers to do their shady business. If you do not belong to this group, what exactly do you have to hide? Introducing some limited transparency into Bitcoin economy would be great IMO, it would discourage shady businesses, deter scammers and introduce some form of accountability. You already gave them your scanned ID before, they would not let you trade otherwise so I do not see a problem about them trying to re-verify your identity. After all, this is all aimed towards safety of our accounts, certainly they do not do this cause it is amusing to them.

One doesn't need to have something to hide to value one's privacy.

In the first couple of years or so of Bitstamp there was no need for KYC/AML but eventually it was introduced.

https://www.bitstamp.net/article/bitstamp-new-verification-requirements/
4024  Economy / Exchanges / Re: BITSTAMP seizing coins and accounts - BEWARE on: July 23, 2014, 08:44:37 PM
Bitstamp has nothing to do with this, they just follow the rules, provide the necessary documents and it's all fine.

This guide seems good, don't know if it's up to date: http://www.pwc.com/en_gx/gx/financial-services/assets/pwc-kyc-anti-money-laundering-guide-2013.pdf

And stay away from exchanges who do not follow these international directives, your bank account can be frozen and you may have to answer a lot of questions.
4025  Other / Off-topic / Re: The Imitation Game - Official Trailer - The Weinstein Company on: July 23, 2014, 05:24:30 PM
Fucking nice!

How historically accurate is it?

Alan Turing was homosexual. And there he is having an affair with a woman? Turing was prosecuted for homosexuality in 1952, when such acts were still criminalised in the UK. He accepted treatment with estrogen injections (chemical castration) as an alternative to prison.

Actually he is not, if you watch the trailer you can hear him saying something like "but I don't like her that way", at least this part they got it right.
4026  Economy / Securities / Re: [HAVELOCK] SCRYPT 4 GH/s hosted scrypt mining project by CRYPTX on: July 23, 2014, 05:06:39 PM
Wouldn't it be smart to move over to Litecoin invest and pay out dividends in LTC directly?

Would reduce sell pressure a bit maybe, and recover ratio Smiley

This would be nice. ^

Or use multipools, we are losing quite a bit of money by not using those.
4027  Other / Politics & Society / Re: UK to decriminalize file sharing on: July 23, 2014, 03:47:40 PM
That definitely doesn't make any sense at all. Why would it be illegal? It's like a library, only remotely and easily accessible, with loads more information.
There is nothing wrong with file sharing....

https://en.wikipedia.org/wiki/Regulatory_capture

It makes all sense. Smiley
4028  Other / Off-topic / Re: The Imitation Game - Official Trailer - The Weinstein Company on: July 23, 2014, 03:39:28 PM
Fucking nice!

How historically accurate is it?
4029  Economy / Securities / Re: [HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (1GH/S per Unit) on: July 22, 2014, 11:53:18 PM
Im thinking that whenever news is released that they move 100% hashrate to P2P pool the price shoots back to .005
Why?  PETA is already extremely overvalued.

Well, if you look to CEX.io GH/s price it is not...
4030  Other / Politics & Society / Re: Tracking on the web on: July 22, 2014, 11:06:05 PM
disconnect.me helps with that.
4031  Other / Beginners & Help / Re: i need help on: July 22, 2014, 10:15:21 PM
Start here: https://bitcoin.org/en/getting-started

You don't need to buy your bitcoins, you can earn them.
4032  Bitcoin / Mining support / Re: S3 Miner on: July 21, 2014, 11:36:15 PM
You can check if that's the IP address being used in your router's admin page, or just ping -b 192.168.1.255 if on linux.

Your computer's IP address also needs to be something like 192.168.1.XXX.
4033  Economy / Games and rounds / Re: Mr Bitty Wants to play a game with you all!!! Prize is 0.009 btc Round 3 on: July 21, 2014, 01:23:11 AM
42
4034  Economy / Securities / Re: [HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (1GH/S per Unit) on: July 21, 2014, 12:39:56 AM
PETA is now way over valued going into the difficulty change.   If I hadn't already sold I'd be selling at .0031 for sure!   I'm amazed that there is so much demand.  For the BDD haters, PETA is way over the price of B.Mine now and it pays a lot less dividend than B.Mine.

Still way cheaper than CEX.io...
4035  Other / Meta / Re: Little help with an abusive member: Vod - Self Proclaimed forum admin on: July 21, 2014, 12:13:19 AM
You're just making things worse for you...
4036  Alternate cryptocurrencies / Altcoin Discussion / Re: Which altcoins will match Bitcoin in price (1:1) in a few years? on: July 21, 2014, 12:10:53 AM
Well, one 42 is worth around 3 bitcoins right now, and if I recall correctly the price for one 42 was something like 600 bitcoins a while ago.

Bitcoin 2.0 is not an altcoin, it's bitcoin's evolution.

I think litecoin has the potential to be number two, but who knows...
4037  Other / Off-topic / Re: In which continent are you currently located? on: July 20, 2014, 09:07:36 PM
where are you from? that's interesting. i was taught as a kid (in USA) that Australia is indeed a continent. but i'd always heard whispers of this controversy, haha.

I'm from Portugal.
4038  Other / Off-topic / Re: In which continent are you currently located? on: July 20, 2014, 08:01:52 PM
Australia is not a continent...

http://en.wikipedia.org/wiki/Australia_%28continent%29

Quote
Australia (sometimes known in technical contexts by the names Sahul, Australinea or Meganesia, to distinguish it from the Australian mainland) is a continent comprising mainland Australia, Tasmania, New Guinea, Seram, possibly Timor, and neighbouring islands.

It is the smallest of the seven traditional continents in the English conception.

no comment.... just saying there is obviously a prevalent enough school of thought that believes it is....

Well, this is new to me...

But in my defense, apparently, in my language it is not, we never refer to Australia as a continent, the continent is Oceania.
4039  Economy / Service Discussion / Re: Havelock Investments - Exchange feedback/comments on: July 20, 2014, 06:35:06 PM
Why do some stocks have huge yield (over 500%) while others have the conservative ~4%? Does it factor down to risk vs. payoff?

The formula is:

Annual Yield = (Annual Dividends/Share Price)x100

Annual dividends assumes last dividend.

So for a share that pays weekly:

Annual Yield = ((last dividendx52)/Share Price)x100

How sustainable is the high yield stock?

Anyone actually making money betting on bitcoin company?

It might not be sustainable at all, you can clearly see the problem with this formula assuming only the latest dividend.

There's money to be made, but it's not easy...
4040  Other / Off-topic / Re: In which continent are you currently located? on: July 20, 2014, 05:58:41 PM
Australia is not a continent...
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