I want the list of those who voted nay. Spoiler alert: I ain't F'ing Santa Clause. Thanks for the link below Chef!
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It is a worrying trend. The rich fixing the game with their wealth so that they get richer. But that is no reason to hate your life. I've been rich and I've been poor. It's more the same than different. Love life, make friends, enjoy the taste of a fresh strawberry. These are the important and valuable things. In the end we all die equally, wishing for more.
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... Are the canadian more into encryption etc or what?
I guess they are? They have been well represented since I got here in early 2011. And Vancouver seems to really be into it.
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Oh hey, I have enough. But as long as we're asking for a half million buck a shot, count me in. I'll do great things also.
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There is a huge difference! I would not pay more than 50% face value for a google coin. They are nothing more than a coupon or a frequent flier mile. Utterly under the control of an entity that can change the value or the circulation as it desires more of your money. I think google is about to go through the same process as the Canadian government. Remember mint chip? No? don't worry, few do. Mintchip was the Canadian mint's shot at an electronic currency. They even held a contest to popularize it. They asked "What can you do with a mintchip?" The #1 answer was "You can buy bitcoins." So they changed the rules of the contest and picked their own winner. The most important thing about bitcoin is that it is out of control. No company can match that. They do not have a space to compete in.
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Wrong! Some Bolivian banks said no to bitcoin. Move on.
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Guys, he's an economist. He knows better than us. If he says the price is $10, we must just be reading the charts wrong.
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As a start you may be interested in why bitcoin is so different and revolutionary. Unlike all other money, bitcoin has no central control. There is no bitcoin company, nor is the supply or distribution under the authority of any government. The price is a function of supply and demand, and no one knows what it will be tomorrow. Bitcoin refers not only to the currency but also to the software that runs the bitcoin network. This distributed network routes transactions between users and not through central servers. So everyone who is a peer on the network is a customer and a bank. The network also handles distribution of new bitcoins by offering chances at a reward to anyone who wants to mine bitcoins. I would suggest reading the "white paper" written by Satoshi Nakamoto. The link is in my signature at the bottom of this post.
-Cheers
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This is totally true. It's been downhill since 1492.
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I'll believe in your ability to see the future when you provide me with tomorrows powerball numbers.
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Remember that they are just gaming this out. That is what they do, identify threats and discuss options. It would be profoundly negligent of the pentagon to ignore humanities greatest threat.
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Tiger direct has many options and decent prices.
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Is there a site with high deposits and no need for verification?
Such sites are likely to be shut down by government agencies for violating AML laws long before they have enough transaction volume to handle the size of transactions you appear to be looking for. I would add that if the only thing you know about an exchange is that they help you avoid the law, then you should not trust them. They could just take your money and forget you. You will have no legal recourse and will just have to accept it.
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A 51% attack on litecoin would be much easier. I hope this works out for you.
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Check out these 3000yrd. shots. Almost twice the distance of the first video. Now that requires not just a good shooter or an outstanding rifle, you need the whole package. DOPE, a big bore cal like the Lapua round, hand loads, and all the human skills. Things like breath control and an experienced spotter. I think most of us could make a 1000yrd. shot with much practice and a sub MOA rifle, but to reach out to 3k is real feat that I doubt I could do even with practice. http://www.youtube.com/watch?v=64u0O-pCBaU(If you jump to 6:15 he zooms out and you can see the distance)
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These idiots think there will be social unrest over CLIMATE CHANGE? Oh, SURE! It couldn't possibly be the NSA, ObamaCare, the IRS targeting of conservative groups, immigration crisis on the border, our abandonment of Ukraine and Iraq, the Obama admin exchanging 5 top Taliban for a deserter, the ongoing depression, or the collapse of the currency ... I duno man. Eventually climate change will be the most important factor in geo-politics. If you think we fight like cats and dogs over oil, wait until the clean water dries up. This is already the case in some parts of the world. None of the things you mentioned will be talked about in twenty years. In a century they will only be known to a few historians. But our hot planet will be known to every human and it will be a daily part of life. Global warming is the greatest threat to our species since the pleistocene. And the scary part is that there is no reason to believe it will stop getting warmer until we, and maybe all life, is gone. This is something the pentagon understands.
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The day we create more than 21Million BTC is the day the first 21Million are valueless.
Not true. Value comes from trust. Some people's trust will drop to zero if the money supply formula is changed in the source code and a hard fork has taken place. Those can stick to the old code and run the 'old' chain. But other people will trust a centrally controlled BTC fork, because: - they don't care about centralization (or just don't understand what all the fuss is about)
- it would be the only fork that can be used for purchasing goods legally
There is no need whatsoever to change the total number of coins. It is an arbitrary number and does not matter. Even if there were only 1 BTC it would work. Think of bitcoin as more like a pie we are cutting into slices. The number of slices is irrelevant.
This is true if you see bitcoin only as a store of value or a medium of exchange. But it doesn't make sense if you want to use it as a unit of account. If a good costs 3 BTC today and you expect it to cost 2 BTC tomorrow, you'll probably wait until tomorrow with purchasing that good if you can. Today's central banks are doing what they can to avoid such a deflation. And that is why they will certainly want to regulate crypotocurrencies if they become relevant. I see what your saying, however I think that a centrally controlled bitcoin would have zero following. I certainly have no interest whatsoever in someones coupons. That is all they would be. Basically frequent flier miles. The supply, the price, even distribution would be controlled. The fact that BTC is beyond the control of any entity is the single most important aspect of bitcoin. And I'm quite moderate. Many around here would DDOS the hell out of any site that used them. As far as the second point I have to disagree that it only applies to hoarders. I have used BTC as a payment network for years. I do not "invest" in bitcoin, I use bitcoin. In fact I have not made a purchase online with a credit card this year. I exclusively use bitcoin online. I don't care about the price of a bitcoin today or tomorrow, I'm still going to use it no matter what. I also don't care if it is made illegal. There is nothing that will dissuade me from using it except any kind of control being exerted over bitcoin. In that case I will divest 100% and move on to crowdfunding investments.
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The day we create more than 21Million BTC is the day the first 21Million are valueless. There is no need whatsoever to change the total number of coins. It is an arbitrary number and does not matter. Even if there were only 1 BTC it would work. Think of bitcoin as more like a pie we are cutting into slices. The number of slices is irrelevant.
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