Looking at this:  I can't help think that we just cleared the biggest resistance we will encounter until we hit the all time high. Bingo. |
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Bulls, I don't beleive you will not break this line. Why so weak? Push, push. We need a push.  The rally signs are just starting to flash, give people time to move their money. There is already an increase in bullish volume. |
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It's definitely hard to talk well about Bitcoin, very good job imo. I'd never heard these guys, they sound a lot like FTL.
The network does not adjust to reduced mining power in 10 minutes, in fact it can take much longer than 2 weeks.
There is no reason to wait for more than 6 confirmations even for an enormous transaction. Your partner is absolutely not going to have ~45% mining power and count on luck to go faster than the network for 6 blocks. He can either rollback 30 as easily as 6 or he can't roll back 6. It's a much smaller 'lie' to say that 6 is solid than it is to say there are no fees.
The no fee claim bothers me but I know from previous conversations that you are fairly set on it.
If you had gotten into discussing mining like they wanted to you might have been in a sticky spot when they asked about mining incentive after the reward drops to zero, which it does btw, you seemed to imply that you thought it would get ever smaller without going to zero though I think you only said that it would not reach 21M, which is true (caused by reward going to zero, not getting infinitely smaller).
You pretty much hit all my complaints, although even if he was right about it getting infinitely smaller (which would be possible if we kept extending the number of decimals) it still not reach 21M. The sum of 1/2^n with n from 1 to infinity converges to 1. The bitcoin creation can be thought of as 21,000,000/2^n coins each four year period, so it will still never exceed 21M if we extend the divisibility infinitely. |
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0.25 BTC sent, txid: f3291c74d2e2123fd62a2ded5fd6327761d19ce999c1c83e1e61e2edfa7b31f3
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Everyone can see how old support line which became resistance works. It stopped current rally very closely. For a while. Good volume needed to break it up again. I don't call current volume good  Lets see... Here is a potential up to 1430. Since 1430 holds I call it bull trap.  I'll I see looking at volume and price is a petering out of the bears. The bulls are gaining more ground with less volume. Most bears are sold out. |
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We're certainly higher than December 18th, but maybe was smart enough to buy back in on the 23rd. Oh wait: |
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The waiting for it has been long, but BTLive (Bittorrent Live) keeps being very promising as a disruptive technology.
Bram Cohen, the genius behind it, once said: "My goal here is to kill off television," he joked.
What if BTLive gave a special place to bitcoins?
Like having each broacast have a default bitcoin address associated with it and/or bitcoin payment schemes.
This could be huge to propell bitcoin!!! Imagine the impact this would have, without underestimating the importance media.
It is really not to be underestimated...
I've always wanted to see a bittorrent client that paid seeders and gave priority to leachers who sent payments to the seeders. |
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Can you draw mitt romney as an oven mitt on the trunk of a elephant as a puppet?
I'll put 0.25 BTC toward that as long as you license it using a creative commons license of your choice: http://creativecommons.org/choose/ |
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wealth = labor + assets
In my mind it is not moral to own labor, so those who are expanding wealth are only those who own labor to transfer assets to themselves.
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Thanks could you remove my email so spambots don't harvest it?
spambots can harvest it directly from the PGP keyservers. True, but I'll make them do the extra work. |
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Oops, I mean:
-----BEGIN PGP MESSAGE-----
Version: GnuPG v2.0.19 (GNU/Linux)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=Hw37
-----END PGP MESSAGE-----
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I'm trying to upload my GPG key to a key server but I can't find it when using the search option on http://pgp.mit.edu$ gpg --list-keys --keyid-format long
pub 4096R/AB5363734E59D2C7 2013-01-08
$ gpg --send-keys --keyserver pgp.mit.edu AB5363734E59D2C7
gpg: sending key 4E59D2C7 to hkp server pgp.mit.edu
$ gpg --send-keys --keyserver subset.pool.sks-keyservers.net AB5363734E59D2C7
gpg: sending key 4E59D2C7 to hkp server subset.pool.sks-keyservers.net
I also tried to manually submit the key "AB5363734E59D2C7" via the website but I get: Error handling request. Exception raised: Failure("Error while decoding ascii-armored key: text terminated before reaching PGP public key header line") What is going wrong? Nothing... if you are redacted@live.ca I pulled it down just fine. |
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Wouldn't you eventually run into the problem of all billies spending every day fucking and some does still not getting pregnant?
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That's amazing to know and shows how fragile bitcoin really is hanging on a knifes edge if $20,000 can push the price down $0.02. I seen someone cashing that amount in the bank the other day in £50's.
I suspect it has a lot to do with the exchange rate. Right now 20,000 USD worth of bitcoin is about 1481.48148 BTC. Since there is a total of approximately 10,638,000 bitcoins in circulation, that means that a purchase of 20,000 USD worth of bitcoin is a purchase of about 0.014% of the entire bitcoin market. Now if the exchange rate was quite a bit higher, 0.00000001 BTC = $0.01 for example, then 20,000 USD worth of bitcoin would only be 0.02 BTC. That works out to only 0.000000188% of the market. That is certainly an important factor. Adoption also helps, and we are obviously further along there than we have ever been before. |
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Version 3.2 of what?
The latest version of the official client is 0.7.2.
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Wrong? I did not state anything about this. I ask you why you considered cash only, or better what you called cash? It looks more you don't know what I talk/think about. And thus set money = cash. Regards smtp What was wrong was the assumption of this statement: And liabilities should be (far) less than existing money world-wide!
Should be... probably. Are... certainly not today. |
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I know it's an old thread but I think this has to be said:
I'm very disappointed that there are still people who don't take stuff like this serious. It's a fact that the 'elite' has too much power and all this is a real threat for liberty and freedom. It doesn't matter if that video is a fake or not as long as there is no proof that the stuff in it can't be true. If you know a little bit about having power you should be aware of the risks. Bitcoin is the first real thread to the centralized money system and I'm very sure that this is one of the main reasons of bitcoins existence and success. I know a lot of you are scared to talk about this and according to the law of attraction we should focus on bitcoins implementation everywhere instead of trying to expose the NWO, but sometimes we have to talk about stuff like this to open some eyes. Ask yourself why Stallmans speeches are about the same issue every time. It's because people don't get why freedom is that important. Wake up and you'll see bitcoins real greatness.
There's not much you can do when someone doesn't want to open their eyes, and crazy ass stories like this only serve to keep them closed. Don't get me wrong, there are absolutely large forces at work that are keeping the average man down, but the level of secrecy and international cooperation necessary for these types of stories to be real is inhuman. |
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What do you think buying $20,000.00 worth of BTC would do to the market?  Maybe push it $0.02 cents, at the moment: - http://mtgoxlive.com/ordersHover over the blue line (near the bottom) to see about $20K. It is currently less than a penny above the bottom (spot) value. That's amazing to know and shows how fragile bitcoin really is hanging on a knifes edge if $20,000 can push the price down $0.02. I seen someone cashing that amount in the bank the other day in £50's. You would have shit yourself a year ago.  Bitcoin is rock solid liquidity wise now compared to then. |
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 The US market experienced an almost identical wall drop just now. I tried to get a pic of it but the page refreshed before I could get both. This all seems highly suspect. Possible bull trap? Orders on MtGox are placed on all currency books after adjusting for currency conversion and fees. |
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Consumer surplus: median income - basic cost of living (adjusting both for family size).
If a new disease treatment is created that is far cheaper and more effective than previous treatments, GDP would fall but consumer surplus would rise (medical expenses portion of basic cost of living would decrease).
Why would GDP fall? Unless you think the consumer will not spend the money (i.e. my insulun use to cost $200 per month but now I have this pill for $20 per month which does the same thing so I guess I should burn this $180 left over)? Because the savings rate has been negative in this country since around 2001 so that $180 left over will go to paying down debt, which causes deflationary pressure. |
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