I'm still waiting for my bitcoins from bitcoin2cash. Hopefully this week...
No bitcoins from bitcoin2cash yet...getting a lil nervous... Chill out. Even if you get screwed, it won't be the end of the world, right ? I think the guy from bitcoin2cash has much more interest in being honnest than in being a thief right from the beginning of his business. Personnaly I'm quite confident that I will get my BTC this week.
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Yeah but there is no repurcussions for breaking them. If you break the outlaw gangs laws they break your legs.
More precisely, if a government have a law voted that is illegal or unconstitutionnal, at some point it *might* (it's not even sure) receive a disapproval from a higher authority (constitutionnal consil, UNO, human right association, whatever...). But they get away with it with no real sanction, they can just apologize and vote a almost identical law. The whole thing is a joke.
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bitcoins are stealable. The thief just has to steal your harddrive.
I can use an encrypted file system. Or I can encrypt my wallet.dat file when I'm not using the bitcoin software. Or I can have most of my bitcoins encrypted on a distant machine, and use only small change for my local machine. And so on... A sufficiently smart thief will social engineer you, or just steal jewelries and other stuff from much easier security system. Yeah, ok. It's not 100% theft proof. But it is the most difficult thing to steal that I know.
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Not for an IPO, a company doesn't have an established reputation at that point. Some sort of third party organization that certifies that the prospectus of a company is accurate could come in handy. of course they'd need to build up trust as well, but that could definitely facilitate IPO's.
Still, enforcement is not required. Some company could be specialized in "certification" of other companies. They would engage their reputation in claiming that the companies that they certify are trust-full. There would be no enforcement as a general rule, but only as a particular agreement between the certification company and the copany it certifies. It might look like the current system, but there is an important difference : no one can forbid a company to try to introduce herself in the market using nothing but her own self-confidence. Also, the certification market would not be a monopoly controlled by force. It would comply to market rules.
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bitcoins are stealable. The thief just has to steal your harddrive.
I can use an encrypted file system. Or I can encrypt my wallet.dat file when I'm not using the bitcoin software. Or I can have most of my bitcoins encrypted on a distant machine, and use only small change for my local machine. And so on...
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An anonymous investment market with no enforcement whatsoever is nothing but a game with possible win-win outcomes. Investors and borrowers would eventually arive at an optimal game strategy. This is likely to end up being tit-for-tat with some tolerance for honest mistakes built in.
Defection would never be completely eliminated but it's likely to be a small percentage. The aim of the investor is not to minimise defection but to maximise returns. She accepts that this optimum point may entail a degree of defection. She knows it's part of the game.
The most likely defectors would be the newcomers. A newcomer would thus need to offer higher rates of return to attract investors.
No contracts, no rules (except those hardcoded into the Bitcoin network), no right and wrong, just winning and losing.
+1 Except maybe for contracts. A contract is a way to engage your reputation and protect against liars. In an anarcho-capitalistic point of view, it's perfectly valid as long as it's nothing but a way to write down what you intend to do.
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“There is clearly the idea beginning to circulate that currencies can be used as a policy weapon,” Mr Strauss-Kahn told the Financial Times on Monday.
OMG. He just discovered the moon. How much is he paid to say such obvious statements ?
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Very simple : the beginning of the file foobar.avi directly available via http.
With a CGI script, clients could pay bitcoins to add some additionnal data to the file, until it is complete. The price would be expressed in BTC/seconds.
Sounds so simple that something tells me it will never work.
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I thought it was common knowledge that you don't have to write a name on a letter at all, just the address. That's how I do the return address as well. The name isn't required. I've updated the website to make it clearer.
I confess I didn't know that the name wasn't required.
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I'm still waiting for my bitcoins from bitcoin2cash. Hopefully this week...
+1 I'd like to say something about bitcoin2cash. The postal address has explicit name "bitcash2coin" in it. I'm not sure it's a good idea. Ok, right now, nobody knows bitcoins. But eventually this address should be changed in something more discrete, imo.
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Probably because everyone on this thread is more interested in the fun in mystery than the high possibility of an anti-climatic reality, so no one has bothered to PM him about this thread.
Very true.
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thats what I think, too...
it's strange that you don't find Satoshi on any popular social media site. if he'd be a known hacker or computer freak / specialist, you'd be able to find him nowadays in the internet
I can't beleive we're having such a conversation about someone who is notoriously on this very same forum !
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He is bid for 15,000 @ .0605. You can sell him his 15,000 at .0605 then buy them at 0.04 each, making $0.0205 15,000 times over, or $307.50. Catch is you got to get the 15,000 at 0.04.
Ok I get it now. Thks.
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on the other hand, unless he has not read any of this thread, he should reply here and say what the truth is.
If he doesn't it's scary.
Yeah he's actually the antechrist, coming on earth to bring us the evil numbers. Isn't there a part in the apocalypse, where humans will use numbers as money and will thus be enslaved by the beast ? I'm just kidding, don't worry. I don't believe in those stuffs.
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i am .0605 bid on mtgox for 15,000 if anyone wants the arbitrage
Well, I'm not very good at those stuff, but isn't bitcoin2cash's bid a better deal ? I mean, if I want to buy btc with 1$, with you I get 1./0.0605=16.53 BTC, when bitcoin2cash offers 25 BTC for the same dollar. What do I get wrong ?
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A declaration of saying that you're going to avoid taxes is a bad idea.
I'm not sure I wrote that. I don't remember. Maybe something went wrong with your computer when you quoted me. Please check. Anyway, I can not be suited for something I say I *might do in the future*. One can not be blame for supposed future actions.
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The more I think about Satoshi, the more I think his name is an alias. Someone smart enough to develop Bitcoin wouldn't be stupid enough to put his real name on it. No judgments here. I would probably do the exact same thing. On the contrary I very much think it's his real name. However smart you are, it's pretty difficult to immediately realise how smart are the things you make when you make them. Satoshi used this name "Satoshi Nakamoto", from the very beginning. I doubt it was an alias. He wouldn't have picked such a rather boring alias, anyway. He would have chosen some cultural reference of some sort. Not a plain common japanese name. I also think he's japanese, even if he probably lives in US.
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In his position, I would milk this to the limit, and would hold back on responding for as long as there were witty remarks. Even better, leave that to be answered on his autobiography, which you will only be able to buy using bitcoins.
A Satoshi's biography would certainly be a best seller in the bitcoin community. And it would be a nice experiment for my model of selling information using bitcoins (see http://bitcointalk.org/index.php?topic=1344.0) He could sell his bio for 100BTC a paragraph, for instance
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I've never succeeded in logging into this site.
I thought I remembered the passwd correctly but still "wrong password". Then I click "I forgot my password" and I receive nothing. ...
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Maybe we should just ask Satoshi why he did it. I also think he did it in order to rule the world, as any nerd secretly plans to.
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