Im not seeking for proof of wealth, what I want is proof that someone bought a Bugati with bitcoin, so I can laminate it and slap every nay-sayer I've met during the past year in the face with it. Leave the nay-sayers alone. Less people buying bitcoins is less competition for them while they are inexpensive.
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If the price hits $100k I'll sell a bitcoin.
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Just humor them. FinCEN will not be relevant forever.
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Jesbus rice, don't you know that some of us were actually going to try to focus on working today?!
I've given up on work...
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This sentence is ambiguous and confusing:
“The pre-0.8 incompatible chain at that point had around 60% of the hash power ensuring the split did not automatically resolve.”
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Armory uses bitcoin-qt to broadcast transactions for it, so if you've configured the standard client to connect via Tor then any transactions Armory creates will be anonymized.
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Now I buy high and hold then buy higher and hold.
...for the longest time.
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In fact, the services we have will likely be of higher quality, and be much more efficient and tailored to a "country"'s specific cities and smaller regions. The difference between voluntarism and government is the difference between choosing your own partner and arranged marriages.
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Either here or on Reddit someone linked to a Spanish newspaper article about Bitcoin that came out before the Cyprus thing that was probably responsible for the uptick in mobile app downloads.
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Before it was abolished, nobody knew how the cotton would get picked without slave labor. After they stopped using humans as property somebody figured it out.
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The space colonies will probably be sufficiently isolated by lag to develop a parallel network which is on par. Sure. When we talk about civilizations that extend beyond a single planet then the 10 minute confirmation time can be called a "fundamental flaw" that makes alternatives viable/necessary. I disagree. “That which can be asserted without evidence, can be dismissed without evidence.” ― Christopher Hitchens
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2012-12-24: Bitcoin Expires (according to Wired Magazine) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2Fx7XOXa3.png%3F1&t=663&c=rJZfut5UE-dDPg)
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Set the value of the BTC too low and one can then pirate that game by simply paying the BTC amount. If they are going to all this trouble they might as well just make the game pay-to-play and let people copy it as much as they want. Set the price low enough and most people won't bother cracking it and they'll make up the lower markup with increased volume.
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That is a fair point: the Bitcoin network, today, is wholly unsuitable as a mechanism for storing and transferring my parents' money (my usual test for whether a technology is ready for non-technical mainstream users). That's not to say things won't change, of course. I agree this is the state of Bitcoin at the moment. The problems are known to be solvable though, as long as the solutions are actually implemented.
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This is how most sane people operate. They decide what they would like things to be like, then they check if that's the case. If not, they act to try to correct the things to their liking. In the example above, Peter Lambert noted that he saw a problem with how governments operate, and proposed a cure (not specific, though). That's only sanity if you define "sane as "doing the same thing again and expecting a different result."
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