Oh really? So you are going to come to my place to steal my money?
I'll be waiting for you, with my shotgun ready.
The comments you've made on this thread are revealing. You are a morally repugnant human being. I cannot fathom how people can be so utterly selfish. Some would say that those who steal are the ones that are morally repugnant. |
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All true, but there remains the problem of a symbol that's already assigned to Bitcoin; BTC. The dollar, USD uses $ for each and every amount. It wouldn't make much sense to have two symbols for Bitcoin; the already famous BTC and another one for "Finney." Each price now and in the future is written in BTC. Do you want to change this?
BTW A cent is in fact a dollarcent; for me a cent is a Eurocent.
I'm sure the metric prefixes and symbology aren't going to change, but perhaps informal or colloquial terms will eventually emerge for the milliBTC and microBTC units. For example, we all agree that a "satoshi" is 0.00000001 BTC, 0.00001 milliBTC, or 0.01 microBTC, without needing a new symbol for it. |
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Change the decimal now or it's dead. Wake up people !
How about we call one-millionth of a BTC (i.e. a micro-bitcoin) a Finney? One million Finneys equal a Bitcoin. Conveniently, 100 Satoshis equal a Finney, so we can use a convenient two digits after the decimal point, just like dollars and cents. So 0.0015 BTC becomes 1500.00 Finneys. Forex traders don't like more than two digits after the decimal, so this notation should suit them perfectly. A Finney is currently worth around a tenth of a cent, so it will remain a useful unit as the price of a bitcoin rises. The Finney is named in honor of Hal Finney, of course. Why not Finney ? It sound absurd to rename it "Finney" but it is much better than Bitcoin. As you said, decimals make no sense for normal people. For most people a "Finney" does not seem to refer to Bitcoin.... Using a new term for the smaller units of currency would have the additional benefit of making it easier to differentiate between bitcoins (the units of currency) and Bitcoin (the payment system/network/service). For example: - PayPal is a payment system that allows for payments in dollars and cents. - Bitcoin is a payment system that allows for payments in finneys and satoshis. |
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Does anyone know how to register an email with your shares? Am one of the earlier owners that only had to provide a BTC address for ownership. Now it seems you need an email registered with your shares to send them to havelock.
Send friedcat a private message letting him know your e-mail address and the BTC Address that the dividends are paid to. He'll probably require you to sign a message to prove you control the BTC Address. |
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Declaration: Before physical chips are out and fully tested, all specs/dates/data are for reference only and subject to change.Although with unexpected obstacles, timing rearrangements and delays, our chips are still on track of delivery in March. This thread for releasing information of chips to public, with the intention of getting enough (direct) customers or (indirect) resellers aware before actual chips are produced. The information will be updated to be more and more accurate, as we are updated with our fab, engineers, as well as the mining market. SpecificationProcess node: 40nm Package type: QFN64 8mmx8mm (with another option of QFN64 7mmx7mm possible) I/O: Standard SPI protocol with clk, in, out and cs. Rated Hashrate: 12.8GHash/s per chip, with a wide range of overclock/downclock options Rated Voltage: 0.72V, recommended voltage range is 0.55V-1V Power Consumption: 0.2J/GHash low voltage, 0.35J/GHash rated voltage What to expect with the chipsDatasheets and reference PCB design are going to be released as soon as they are ready. Chips will be available for ordering once the functionality and yield rate are confirmed with testing on actual chips. There will be three modes of orders: Immediate delivery, 2-month delivery and 3-month delivery, with the price getting lower one by one. For 2-month and 3-month delivery, premium + balance payment may be supported to enhance liquidity and enable larger orders. Both USD and Bitcoin payments are supported, but the nominal price will be based on USD. Full devices from ASICMiner are definitely going to exist on the form of samples and small batches. ASICMiner may also build new mining farms based on new chips. Unsliced wafers may also be available for sale. But the main business direction is to provide packaged chips. Price range0.49$/G-0.99$/G, depending on order size and delivery speed of choice. Please bear in mind that when choosing brands of Bitcoin mining chips, the cost of making whole working mining devices, including PSUs, DC/DC, heatsinks, fans, and room cooling facilities, needs to be taken into account. With our relatively low power consumption, the customer can save more money on the devices' side. PartnersWe are especially interested in the following types of business partners: 1. Large mining operation owners who can also do massive PCB production of their own. 2. Mining device manufacturers who can improve our open-source design or make new designs from scratch. 3. Resellers with various channels and abundant liquidity in cash or Bitcoins. ContactPlease PM to (friedcat) on bitcointalk, or mail to ( cat@bitquan.com)/( fnnirvana@gmail.com) for future partnership discussions. Please do not use them for information inquiry, because all info about chips will be published here. Great news! |
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Why do people think TX fees are ok?
Because they are voluntary? |
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Quick Update
We are still on track of accumulating reinvestment funds, continuing from last month, so please expect less-than-raw-income dividends in the next few weeks. The financials will be given out in October 20s, as mentioned in the last update.
Self-retained (not sold) Hashrate distribution:
Air cooling datacenter - 47TH/s
Under franchising - 19TH/s
Immersion cooling - 5TH/s with 3-5TH/s per day towards 60TH/s in total.
Regarding the hashrate distribution update that friedcat provided on October 9th, I would ask: - Is the immersion cooling datacenter now operating at 60TH/s? - If Allied Control is not a franchisee, what is the nature of their arrangement/agreement with ASICMiner? Is ASICMiner renting/leasing the datacenter from Allied Control? |
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So to nail this down. Anti-tax guys, with the parking lot analogy:
Do you not agree being able to move to Qatar or Monaco means you do not have to pay taxes?
We're in a global economy with very free movement. Nobody is forcing you to stay in the USA.
I consider stealing to be wrong, as a matter of principle, regardless of one's geographic location. I wouldn't mind seeing income taxes done away with everywhere, not just the USA. I think the world would be better off if governments left people's income alone. If stealing/taxing is necessary then, personally, I would prefer that it be done when the money is spent as opposed to when it is earned. The tax code for the income tax (in the USA at least) is just a political football with too many loopholes for those who are able to buy political influence. I don't think the USA's income tax can be fixed. It just needs to be shitcanned altogether. |
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Why do you keep bringing up the same irrelevant questions I've answered time and time again. If my analogy isn't relevant to what's being discussed in this thread then neither is the you don't chose to get mugged/raped/murdered ones which is what I was referencing here. And there are many choices to park. You can find somewhere for free, you can pay a council space, or a lot. You can choose. You have not been forced to. Does a man with a gun come round and say you have to pay me no matter what even if you don't have a car or want to park anywhere? No. You can also try park for free illegally if you want and try get away with it, but if you get caught you have to pay a fine, but that's your choice and you were aware of the rules so in fact this is a perfect analogy for this situation and far more apt than the mugged/raped/murdered ones you lot keep brining up.
In your example there is a voluntary agreement between two individuals. However, income taxes involve a third party that is not part of the agreement. Neither of the two individuals have asked the thug with the badge to interfere or otherwise involve himself in the transaction. He forces them to include him. No one is forcing the two individuals to do business. They are free not to do business, but just because two individuals voluntarily choose to do business does not give a third person the right to demand that he be included. He doesn't ask them to include him, he insists that he be included and reminds them that if they don't then there will be consequences. And if a person owns a lot or a space, he has chosen to own that an operate a business under the rules of the system. So he has not been forced to do anything; he chose to play by the rules and pay into this system, and so do you people. Don't want to pay taxes? Fine, don't own a parking space or a lot or go where there are no taxes for this kind of thing. How is anyone being forced to do anything when they willing give it up and agree to play by the rules set out?
Yes, it's these "rules of the system" that we are discussing. It's these "rules of the system" that need to be changed. It's these "rules of the system" that make it okay to steal if the thieves refer to it as "income tax". It's these "rules of the system" that makes it okay to steal as long as you have a badge. The "rules of the system" are corrupt because the people that make those rules are corrupt. The first step in changing the "rules of the system" is pointing out how immoral the rules and the rulemakers are. And I wish people would stop bringing up this gun to your head thing. Not everybody lives in America.
The USA isn't the only place in the world where those individuals that enforce the "rules of the system" are allowed to carry guns and use those guns to enforce the "rules of the system". |
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...it's not stealing if you willingly give up something.
For the umpteenth time, I do not willingly pay tax. I pay tax because I don't want to: a) Go to prison; b) Leave my friends and family; c) Live off the work of others. You can call those 'choices' if you want - same way as if you were mugged at knifepoint in the street, you might 'choose' to give up your wallet to avoid being stabbed. Doesn't make it voluntary, does it? I think this post is pretty right. There are situations which, strictly speaking, are voluntary. Yet practically, they are not. A 'choice' between jail/death and a wallet isn't much of a choice IMHO' that's coercion. If you go to park your car and to be able to legally park there you have to pay for a ticket... have you been forced to pay that money? Has the owner of the parking space robbed you? I'd say that's your choice to park there, or you could find a free place to park. Of course someone that owns a parking lot should be free to charge whatever he wants for access to his property and anyone who is not willing to pay his asking price should be free to park elsewhere and should not be forced to pay. If the person looking for a place to park chooses to pay, then he has not been robbed. They have both entered an agreement voluntarily. But that isn't what is being discussed in this thread. A more relevant question would be: Should a thug with a badge be able to go to the owner of the parking lot and put a gun to his head and demand that he hand over half of the parking fee income that he earns? |
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I have 1340 Thai Baht laying around from a trip I took to Thailand a few years ago. No plans to return anytime soon. Will sell it for $30 in BTC.
Where are you located? |
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What factors do you think are most important in todays BitCoin value.
I think the trading pair BTC/us$ is still a good indicator if it comes to purchase power.
BitCoin now somewhat stable @~$900 is caused by?:
A few keywords...
- Law of demand and availability?
- The free market...
- Exchanges...
- Local BTC.
- Mining Hardware prices / availability.
- What is the influence of energy/power kWh price to keep a miner on-line?
- Network hash-rate.
- Services like bit-pay.
- "anonymity"
- usefulness
- market adoption.
- the community...
your thoughts and input pls.
Supply and demand. |
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Yes! I must be blind, it doesn't look like it's in the main forum list. Ugh..
You can find it under Archival and just above the Spanish board. |
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hey guys, just to cross check with other ch users...
how many payments have you received on january 16, 17 and 18?
I have 2 for the 15th, 3 for the 16th, 1 for the 17th, and none for the 18th yet... Are we getting a payment each time a block is mined? Is there a list somewhere of all the blocks that Cloudhashing has mined? |
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I also still need an answer for the "billets" (episode 8, 3:46) They can use M-Pesa, global payment network based on cellphone <  > "minutes" Episode 5, 2:46 Bitcoin also, for the first time, converts money, or asset ownership, into a < > Content-type?Yes, "content type" Episode 3, 1:25 Leafcutter ants don't eat the leaves, they ferment them with an enzyme and then they feed them to < > and then they eat the < >. "aphids" and "aphid larvae" |
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Given the political leanings of the country these days, when Bitcoin really explodes and the value of bitcoins goes through the roof, can y'all see something like this going down:
Reporter: Mr. President! What do you think about the fact that 80% of bitcoins are held by 10% of the population?
Obama: I and many of my fellow Americans believe that that is unfair. We want to make sure that everyone gets a fair chance with Bitcoin.
Reporter: Do you plan to take any action in this regard?
Obama: Yes. I am am working in a bipartisan manner to introduce legislation that would ensure that all Americans receive opportunities with Bitcoin.
Lone Fox Reporter: So do you plan to redistribute bitcoins from those who hold them to those who don't?
Obama: All Americans deserve opportunities. That is the kind of country I believe in, and that is the kind of country that you elected me to lead.
(applause... fade to black...)
Why not just creare a new ObamaCoin that is equally distributed to all Americans?  |
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Sorry, I wasn't trying to confuse you, but you kept answering a question that I wasn't asking. I was just clarifying a simple, straight-forward question. I was asking about not paying taxes when a tax obligation has been incurred and the taxer is aware that you have incurred a tax obligation. Of course you can avoid incurring a tax obligation, or take measures to prevent the taxer from realizing that a tax obligation has been incurred, but that isn't the same as refusing to pay a tax.
You didn't confuse me, but nice try. And why were you asking such a ridiculously stupid question? That's like saying the government is forcing you to not commit murder, yet they are because they'll come and arrest you with guns when you’ve committed the crime of murder. Idiotic proposition. You are still very confused. I wasn't making a proposition. I was asking a simple question in response to your proposition. Only an idiot would struggle with such a simple question. |
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You're (trying) to give me examples of where I'm wrong even though you are wrong and are not getting this at all. Not everyone lives in the US so not all police are going to come after you with guns and arrest you for either crimes you have or haven’t committed, but here's a fact: It is not a mandatory requirement nor is anybody forced to pay taxes. So why would any taxes be owed in the first place if it's not mandatory that anybody pays them? No police will come after you if you get yourself into a situation where you don't need to pay taxes. If you get yourself into a situation where you need or should be paying taxes, then yes, you might have a problem, but nobody forced you into either of those situations - You choose that yourself. You can avoid paying any taxes at all in several ways legally and without the threat of force because you owe nothing to anyone, and I've given you examples of how do to do this legally, yet you still don't get it because you're stubbornly operating under this belief that governments are forcing you to pay any taxes at all. If you do not understand this then you do not understand it and there's no point trying to continue your argument. If somebody owes someone money then they owe them money and that person or entity may then use force to get it back, but nobody forced them to loan the money or get into a situation where they owed any money in the first place, and nobody is forcing you or anybody else to get into a situation where you have to pay or owe taxes. You can choose to pay taxes or you can choose not to get into a situation where they are required, so there is no threat of force nor are you being forced to pay them if you do not wish because you owe nothing and have chosen to not pay tax. No crime has been committed so there will be no police with guns coming to arrest you, so you are not forced to pay tax.
tl;dr You don't have to pay tax.
Sorry, I wasn't trying to confuse you, but you kept answering a question that I wasn't asking. I was just clarifying a simple, straight-forward question. I was asking about not paying taxes when a tax obligation has been incurred and the taxer is aware that you have incurred a tax obligation. Of course you can avoid incurring a tax obligation, or take measures to prevent the taxer from realizing that a tax obligation has been incurred, but that isn't the same as refusing to pay a tax. |
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