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4161  Other / Off-topic / Re: Scientific proof that God exists? on: March 23, 2015, 12:48:27 AM
Christians believe Jesus is a pedophile because they sing this song about him.

Jesus loves the little children
All the children of the world
Black and yellow, red and white
They're all precious in His sight
Jesus loves the little children of the world

I guess he's pretty freaky.
4162  Bitcoin / Bitcoin Discussion / Re: BurtW arrested on: March 22, 2015, 03:29:52 AM
Wow, that was good work. At least we now know Burt will be fine. I can't imagine he will serve hard time for unlicensed money transmitting. If he's lucky they will just take all of his money away and give him probation.
4163  Bitcoin / Bitcoin Discussion / Re: Has any of Satoshi's suspected wallets been used?? on: March 22, 2015, 03:04:49 AM
As I recall, the whole millions of BTC mined in the beggining stay where they are all the time.

Its kinda crazy.. all that money but i guess hes here under a different name and with 100 other wallets, not needing to touch the millions that will support his family for generations Smiley
He may be dead or he may have deleted the keys to the wallets.

If hes dead at least he will go doen in history...

If he lost his keys then maybe he killed himself!!!

This is a very unlikely scenario, he after all created it and was more than aware what to do and what not to do,. It is intriguing though that his wallets have remained untouched for all this time that does make you wonder is he alive  Cry

Unless he was already rich beyond belief them Bitcoin would have been touched maybe not masses of them but enough to buy his first/second home without mortgage etc i can't see him just watching them lol

Either way i hope where ever he is he is ok and shows his face before creating bitcoin 2  Grin   
Not exactly, he could have been more concerned about changing the future than money, but it is very rare to find someone who essentially could have been a billionaire put advancement in front of that.

He was concerned about bringing the world this technology i have read some of his posts but that does not mean he would not use and spend some of his inventions profits, he put all the work into it so unless he was already filthy rich he would defiantly spend some imho.

Everyone is different though aren’t they but it does seem very suspicious that they are untouched, he is either saving but for what? He is dead, or he lost the keys.

To me only chance it is 1 or 2 please jump in if you have other opinions....

It will never move. The NSA doesn't need the money.
LOL pretty sure Satoshi isn't the NSA, btw the last anyone heard of satoshi (not counting Dorian comment) is when Gavin said he was going to talk to the CIA. Pretty sure Satoshi wouldn't have been concerned if he was the NSA.

He was afraid to go to the CIA with Gavin because he didn't want to be recognized and blow his cover. The NSA created the blockchain so they could watch the flow of illegal merchandise worldwide. They run the exchanges in the U.S. too. They also have a secret plot to destroy the Chinese economy using Bitcoin. As soon as the Chinese transfer most of their wealth into Bitcoin the NSA will crash the price using Satoshi's coin reserve. The invasion of China has already started with the opening of dozens of Walmart's and Sam's Clubs all over the country. Just you wait my precious, you'll see!

This made me laugh, nice story bro and it actually makes more sense than the 3 options i thought about. This is why china tried to ban it straight away but how did they no the master plan?


China knew there was a plan to use Bitcoin against them because Bitcoin grew from the seed of an idea encoded in the Kush handed out at a free concert by the NSA in San Francisco's Golden Gate Park. The Chinese Embassy on Geary Blvd in SF captured Ross Ulbricht in a library a couple of years before the FED captured him in the same library. Ross couldn't take the San Francisco steamed pork bun/fried rice torture for very long so he revealed the secret plan of the NSA to bring China to her knees. Ross knew about the plan because he was always an agent of the NSA on loan from the CIA. His trial was a show to remove him from the public eye. As soon as the media attention dies down Ross will be released and sent to China where he will be an assistant manager at one of the Super Walmart staging sites for the upcoming invasion.
4164  Bitcoin / Bitcoin Discussion / Re: Has any of Satoshi's suspected wallets been used?? on: March 22, 2015, 02:07:01 AM
It will never move. The NSA doesn't need the money.
LOL pretty sure Satoshi isn't the NSA, btw the last anyone heard of satoshi (not counting Dorian comment) is when Gavin said he was going to talk to the CIA. Pretty sure Satoshi wouldn't have been concerned if he was the NSA.

He was afraid to go to the CIA with Gavin because he didn't want to be recognized and blow his cover. The NSA created the blockchain so they could watch the flow of illegal merchandise worldwide. They run the exchanges in the U.S. too. They also have a secret plot to destroy the Chinese economy using Bitcoin. As soon as the Chinese transfer most of their wealth into Bitcoin the NSA will crash the price using Satoshi's coin reserve. The invasion of China has already started with the opening of dozens of Walmart's and Sam's Clubs all over the country. Just you wait my precious, you'll see!
4165  Bitcoin / Bitcoin Discussion / Re: Has any of Satoshi's suspected wallets been used?? on: March 22, 2015, 01:51:40 AM
It will never move. The NSA doesn't need the money.
4166  Bitcoin / Bitcoin Discussion / Re: Complete the sentence... [I would buy Bitcoin because..] on: March 21, 2015, 05:04:37 AM
It's curious to me that few people said they would buy Bitcoin to go shopping with them (they need to make a purchase so they get some Bitcoin to do it). Almost everyone sees Bitcoin as an investment in the future (political or financial) but they aren't thinking about the one way to make Bitcoin get there - use it.  

You need bitcoin-only shops to make that happen

Although first buy bitcoin and then spend will greatly raise its value, it seems few understand the potential of this move and never bother with it unless everyone else is doing this

An easy way to make bitcoin worth millions of dollars

Fortunately now we have negative interest for bank savings around the world, that will encourage more people to save in bitcoin, but still not spending

It's so easy to support Bitcoin if you want to. I needed a new TV so I went to Overstock and bought one. I immediately went to Circle and replaced the Bitcoin I used for the TV. I don't think people realize that these new merchants are going to drop Bitcoin as a payment method if no one ever uses it. We can't count on the mega mining farms to spend their mined coins because they need to cover the costs of mining. That requires a cash out to fiat. If the rest of us don't start regularly using Bitcoin to buy from the merchants that have agreed to take it we will start to move backward in merchant adoption.

Every time I see one of these threads asking what you're doing with your Bitcoins it's always the same answers - buy and hold - earn with sig campaigns/faucets and hold - mine and hold. People need to earn and spend - buy and spend - mine and spend. You're all just fucking yourselves out of a big future economy and the big moon shot you all seem to want. The moon must be made out of pussy and 12 year old Scotch because everyone is dead set on getting there as soon as possible while doing nothing to make it happen.

Exactly, buy and spend bitcoin have similar effects as buy and hold, if you buy 10 bitcoins and hold them indefinitely, it is the same as you buy and spend 10 bitcoins every month: They both removed 10 bitcoins from market permanently. People just need to realize that they can raise bitcoin's acceptance and value without holding even one bitcoin

Yes, currently Bitcoin must have horrible velocity. A healthy economy needs currency movement. The flow of Bitcoin will stagnate if everyone just holds for a higher price. We keep adding merchants but who's shopping there?
4167  Bitcoin / Bitcoin Discussion / Re: Complete the sentence... [I would buy Bitcoin because..] on: March 21, 2015, 04:37:30 AM
It's curious to me that few people said they would buy Bitcoin to go shopping with them (they need to make a purchase so they get some Bitcoin to do it). Almost everyone sees Bitcoin as an investment in the future (political or financial) but they aren't thinking about the one way to make Bitcoin get there - use it.  

You need bitcoin-only shops to make that happen

Although first buy bitcoin and then spend will greatly raise its value, it seems few understand the potential of this move and never bother with it unless everyone else is doing this

An easy way to make bitcoin worth millions of dollars

Fortunately now we have negative interest for bank savings around the world, that will encourage more people to save in bitcoin, but still not spending

It's so easy to support Bitcoin if you want to. I needed a new TV so I went to Overstock and bought one. I immediately went to Circle and replaced the Bitcoin I used for the TV. I don't think people realize that these new merchants are going to drop Bitcoin as a payment method if no one ever uses it. We can't count on the mega mining farms to spend their mined coins because they need to cover the costs of mining. That requires a cash out to fiat. If the rest of us don't start regularly using Bitcoin to buy from the merchants that have agreed to take it we will start to move backward in merchant adoption.

Every time I see one of these threads asking what you're doing with your Bitcoins it's always the same answers - buy and hold - earn with sig campaigns/faucets and hold - mine and hold. People need to earn and spend - buy and spend - mine and spend. You're all just fucking yourselves out of a big future economy and the big moon shot you all seem to want. The moon must be made out of pussy and 12 year old Scotch because everyone is dead set on getting there as soon as possible while doing nothing to make it happen.
4168  Bitcoin / Bitcoin Discussion / Re: Complete the sentence... [I would buy Bitcoin because..] on: March 20, 2015, 03:14:08 AM
It's curious to me that few people said they would buy Bitcoin to go shopping with them (they need to make a purchase so they get some Bitcoin to do it). Almost everyone sees Bitcoin as an investment in the future (political or financial) but they aren't thinking about the one way to make Bitcoin get there - use it. 
4169  Bitcoin / Bitcoin Discussion / Re: Bitcoin can be better than ApplePay ! on: March 19, 2015, 04:41:32 PM
The only cool unique feature it has is the ability to pay with a fingerprint.

I disagree. The fact that ApplePay transactions do not expose your personal information to the payee -- note that legacy credit card transactions provide all this info to the merchant -- is a significant benefit as compared to bald credit card use.

Yeah, the security features are nice but the ability to authorize with just a fingerprint is cool. My point was it is nothing like Bitcoin because it's just another way to use the current banking system.
4170  Bitcoin / Bitcoin Discussion / Re: Bitcoin Bounty Hunter on: March 19, 2015, 04:08:23 AM
The Bitcoin police idea has been tried before. It didn't work.
4171  Bitcoin / Bitcoin Discussion / Re: Bitcoin can be better than ApplePay ! on: March 19, 2015, 03:07:05 AM
There's no competition really, applepay doesn't even compare to bitcoin.


http://www.latimes.com/business/hiltzik/la-fi-mh-apple-pay-would-be-secure-20150307-column.html
Quote
Reports have surfaced over the last week that fraudsters have found the soft underbelly of Apple Pay -- as one would expect -- and are exploiting it gleefully, with one security expert estimating the fraud rate at a stupendous $6 per $100 of transactions.

It isn't even close to the same thing. Bitcoin could use the same NFC system. ApplePay just lets you use a linked bank account to pay using two way communication between your phone and a terminal. It's not like ApplePay is a type of money. It's just an app. The only cool unique feature it has is the ability to pay with a fingerprint.
4172  Bitcoin / Bitcoin Discussion / Re: Is Regulation The End For Bitcoin? on: March 18, 2015, 05:03:43 PM
Yes but those people are godless heathen commie foreigners. No one in their little protected bubble of America gives a shit about them.
4173  Economy / Service Discussion / Re: Coinapult Claims $40k Lost in Hot Wallet Compromise on: March 18, 2015, 04:47:11 AM
I guess Voorhees ran out of the FeedZBirds Bitcoins. Time for a fresh injection of cash. lol

http://upstart.bizjournals.com/money/loot/2013/09/04/erik-voorhees-of-satoshidice-coinapult.html?page=all
4174  Other / Off-topic / Re: Scientific proof that God exists? on: March 18, 2015, 04:22:41 AM
I don't know if God exists but I have proof Jesus does. He mowed my lawn yesterday.
4175  Bitcoin / Bitcoin Discussion / Re: Please no more merchant adoption!! on: March 18, 2015, 04:02:50 AM
It doesn't really matter if every business in the world accepts Bitcoin if no one is buying things with Bitcoin. Merchant adoption beyond a point is meaningless without consumer acceptance. The whole Xapo Debit Card idea will eliminate any need for further merchant adoption. When these cards hit the market all businesses will have been assimilated. What we need is more people adoption.
4176  Alternate cryptocurrencies / Altcoin Discussion / Re: Let's vote for a new universal logo for all cryptocurrencies on: March 18, 2015, 03:40:14 AM
How about this one.



If that's too complex how about this.

4177  Other / Archival / Re: Last Drink You drank. (daily thread) on: March 17, 2015, 03:02:35 PM
Espresso
4178  Bitcoin / Bitcoin Discussion / Re: It's official - Bitcoin has failed! on: March 17, 2015, 02:45:03 AM
Bitcoin in space bouncing off a cluster of baby satellites. Wow, just wow.
4179  Bitcoin / Bitcoin Discussion / Re: BurtW arrested on: March 16, 2015, 05:42:55 PM
There were only two other departments and they are always used as extra bodies and invited as a courtesy to local LEOs.

Really? Always? From whence does this assertion stem?

And why not the FDA? Forestry? SEC? etc? They all have police powers too, don't they?

I shouldn't admit this especially here. I was an MP in the military. When I got out I got my post certification and worked as a LEO for a while. County sheriffs are invited to all major busts because you don't want to step on toes and sometimes you need local booking and lockup facilities. The Marshal service is everybody's bitch to use if you need them. lol
4180  Bitcoin / Bitcoin Discussion / Re: Is Regulation The End For Bitcoin? on: March 16, 2015, 02:36:05 PM
Is Regulation The End For Bitcoin?

http://bitforum.info/t/is-regulation-the-end-for-bitcoin/396

Maybe bitcoiners doesnt say this out loud but majority of us question ourselves, if Bitcoin will be regulated. Would it be the end?

I mean, if there is a central entity that regulates Bitcoin, do you think that they're regulation would be 'limited' or will they violate a bitcoiners privacy for the sake of 'regulation'?

In the article, it reads the advantages of regulation.

Can you give out negative effects if Bitcoin is regulated?

Why are people too negative about regulation?
Let is give these pro-regulators a chance? Hm?
Maybe they have something good for us.

That's like saying, hey maybe being raped isn't so bad. Let's take one up the ass and see how it feels first.
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