Bitcoin Forum
June 17, 2024, 07:31:53 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 [256] 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 ... 466 »
5101  Other / Politics & Society / Re: US House Passes Amendment Ordering Actual Restraints on NSA Searches on: June 20, 2014, 06:59:40 PM
I want the list of those who voted nay.  Angry

Spoiler alert: I ain't F'ing Santa Clause.

Thanks for the link below Chef!
5102  Other / Off-topic / Re: I hate my life!!! on: June 20, 2014, 06:56:37 PM
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.
5103  Economy / Speculation / Re: Google Wallet + Facebook apply for banking license on: June 20, 2014, 06:46:10 PM
...
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.
5104  Other / Off-topic / Re: I hate my life!!! on: June 20, 2014, 06:31:20 PM
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.  Cheesy
5105  Economy / Speculation / Re: Google Wallet + Facebook apply for banking license on: June 20, 2014, 06:27:20 PM
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. 
Roll Eyes

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.
5106  Bitcoin / Bitcoin Discussion / Re: Bolivia’s Central Bank Bans Bitcoin on: June 20, 2014, 06:13:54 PM
Wrong! Some Bolivian banks said no to bitcoin. Move on.  Roll Eyes
5107  Economy / Speculation / Re: Bitcoin will plummet to $10 by first half of 2014 on: June 20, 2014, 06:12:22 PM
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.
5108  Other / Beginners & Help / Re: I want to learn more about bitcoin and doing business with it on: June 20, 2014, 05:58:54 PM
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
5109  Other / Politics & Society / Re: USA is getting adversely affected by Immigrants on: June 20, 2014, 05:22:19 PM
This is totally true. It's been downhill since 1492.
5110  Economy / Speculation / Re: The Bitcoin bubble is going to burst very soon ! on: June 19, 2014, 08:14:59 PM
I'll believe in your ability to see the future when you provide me with tomorrows powerball numbers.  Wink
5111  Other / Politics & Society / Re: pentagon-mass-civil-breakdown on: June 19, 2014, 08:11:32 PM
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. 
5112  Economy / Goods / Re: Where Can I Buy New Laptop for BTC? [US] on: June 19, 2014, 08:06:25 PM
Tiger direct has many options and decent prices.
5113  Other / Beginners & Help / Re: Where To Go? on: June 19, 2014, 03:59:34 PM
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.
5114  Alternate cryptocurrencies / Altcoin Discussion / Re: Why I converted all my bitcoins to litecoins on: June 19, 2014, 03:53:48 PM
A 51% attack on litecoin would be much easier. I hope this works out for you.  Undecided
5115  Other / Off-topic / Re: snipers on: June 19, 2014, 03:48:52 PM
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)
5116  Other / Politics & Society / Re: pentagon-mass-civil-breakdown on: June 19, 2014, 03:22:29 PM

Good one via The Guardian.  Brushes on some of the topics discussed on this board, and provides one of the most plausible explanations for the scope of intelligence agency internal population surveillance, 'fusion center' construction, etc:

  http://www.theguardian.com/environment/earth-insight/2014/jun/12/pentagon-mass-civil-breakdown


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.
5117  Economy / Economics / Re: Why bitcoin supply will NOT cap at 21M BTC on: June 19, 2014, 03:11:08 PM
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.
5118  Economy / Economics / Re: Why bitcoin supply will NOT cap at 21M BTC on: June 18, 2014, 07:25:42 PM
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. 
5119  Other / Off-topic / Re: Homeless people’s handwritten signs turned into fonts on: June 18, 2014, 07:20:09 PM
Nice.
5120  Other / Beginners & Help / Re: Wallet address changes after transaction? on: June 18, 2014, 07:07:36 PM
Hmmm. Not sure.

Did you check at https://blockexplorer.com/ ?  You can enter the address there and see what happened.
Pages: « 1 ... 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 [256] 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 ... 466 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!