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521  Other / Off-topic / Re: In a few moments, I'll be dead. on: April 24, 2012, 01:17:13 AM
Morons...
Nuff' said...

How many family/friends have you lost to suicide? It sucks for everyone. I hope his family gets him the help he needs.

A good slap on the face... that's all the help he needs...

The ones falling for this troll post are the ones who need serious help.




In most forums, this would be disregarded. However, this forum brings an element of trust in ones <nick>.  Jon aka Atlas has been around long enough to know this.

So, if it was a troll. Yea. He got us all good but has lost all TRUST in his word.  It does not demean us to believe in him and him let us down; it demeans him.

Ironically this is a lose/lose proposition for him. For people that believed him, it is a win/win.

Obviously a hacked account would answer a lot of questions here. However, as someone pointed out, a simple check on IP's will probably confirm to within a 51% degree of certainty. This is a court of public opinion and as such standards are not so high.

IF the PD did do anything here, get a Bitcoin account and I'll donate 1 BTC towards a PR-24 to keep the crowds suppressed. You know your department needs money. Smiley

522  Economy / Economics / Re: Current Bitcoin inflation rate = 35%. Price = stable on: April 24, 2012, 12:11:10 AM
Smiley Wink Smiley Wink Wink Smiley Undecided Smiley Wink ... damn nervous tic Wink

The cause of the inflation is important.
The miners keep mining and creating new coins. Hence: inflation. The approximate rate is pre-defined by the Bitcoin system. I eventually settled on the Austrian "asshat" definition. If you read the whole saga, it's pretty self-explanatory.

Where can we get info on the number of Bitcoin nodes in use? That sounds like a great metric.

http://bitcoinstatus.rowit.co.uk/hosts.html

http://p2pool.info/
523  Other / Off-topic / Re: In a few moments, I'll be dead. on: April 23, 2012, 10:32:02 PM
Wait a sec, a close associate? OK, now this makes no sense for a suicide note.

Yes maybe our assumption is wrong.

He might be parachuting and his chute failed to open so he pulled out his phone and logged in as his last will and testament.

OR

He is on a plane that is falling from the sky... see above.

OR

...
524  Other / Off-topic / Re: In a few moments, I'll be dead. on: April 23, 2012, 10:24:45 PM
Need help? In the U.S., call 1-800-273-8255
National Suicide Prevention Lifeline



Maybe some humor to help this depressing thread:

In Russia, you don't commit suicide, suicide commits you.

In China, they'll charge your family for the loss of money they'll lose by not being able to exploit you.

In Sweden, ah... I'm thinking.
525  Economy / Economics / Re: Current Bitcoin inflation rate = 35%. Price = stable on: April 23, 2012, 08:05:20 PM
The cause of the inflation is important. Is it because people want it but can't obtain it OR is it because people don't want it so suppliers have to increase prices due to lack of demand (What I like to call Buggy Whip Economics).  Buggy Whips went up in price before they disappeared because no one used them anymore.

I judge demand by the amount of nodes using Bitcoin. Increasing nodes = increasing demand, decreasing nodes = decreasing demand.

I believe increasing use of Bitcoins is the goal here. Mining operations seems to have taken a precedence over this.

But my Nutshell says:


 If Bitcoin is increasing in price with increase in nodes, it is good.

 If Bitcoin is increasing in price with decreasing nodes, it is bad.

 If Bitcoin is decreasing in price with increase in nodes, it is good. (Although this scenario isn't 'good' for miners, it is good for the Bitcoin)

 If Bitcoin is decreasing in price with decrease in nodes, it is bad.


Then apply whatever inflation formulas you want. Smiley

526  Other / Politics & Society / Re: usury = not cool on: April 20, 2012, 06:38:33 PM
I don't want children.

Humans have evolved past basic mating, my friend.

OK
527  Other / Politics & Society / Re: Sheriff's investigators release initial findings on Obama eligibility on: April 19, 2012, 08:53:02 PM
What I'm referring to is that part that the respondents evidence, including the longform birth certificate, were deemed not authentic.

Again, this won't matter in the long run. But anyone who is refusing to look at that fraudulent garbage they posted on the whitehouse website once it's been pointed out that it's fake is just being silly. If you don't care about the argument then don't comment on it.

The Obama lawyer didn't provide any evidence. It was irrelevant.

Birther bites the dust, yay.
http://www.obamaconspiracy.org/2012/04/birther-bites-dust/

The decision of the court, that was reaffirmed in the doc that you quoted: http://www.scribd.com/puzo1/d/88910250-Purpura-Moran-Initial-Decision-of-ALJ-Masin


Here is what the judge said:

It is unnecessary to reinvent the wheel here; the subject has been thoroughly reviewed and no new legal argument on this issue has been offered here.


Adam and James have something to input here:

http://dsc.discovery.com/videos/mythbusters-square-wheels-angle-2.html
528  Other / Politics & Society / Re: George Zimmerman arrested for 2nd degree murder for killing Trayvon Martin on: April 19, 2012, 07:49:26 PM
Perhaps, or perhaps not. What if it is happening one street over? can I go over there to respond? What if it is 20 miles away? I am not going to find out in a court of law. I am going to run if at all possible, even if it means certain death for your family.
I would also not use my gun to stop a rape for example. Rape is not murder and I think stopping a rapist with deadly force is murder.

NY isn't a castle doctrine state and of course isn't stand your ground.  But you're allowed to use deadly force against rapists and kidnappers.

I don;t know about other states, but they probably have similar laws.



LOL,

Victim: Hey Stop !!! before I can shoot you, which type of criminal are you? Are you a Rapist or Kidnapper?

Criminal: ah... No.

Victim: Ok then go ahead and take my stuff. The money is in the vault. There is a lamp over there to murder me with when your done.



That was meant in defense of others, that means you don't need to retreat. Of course if a kidnapper or a rapist is after you, in NY you need to run very fast.


Au contraire, they'll need to run very fast. (Decides which type of shells to put into the AA-12). Lets see, bean bag, bird shot, buck shot, and the best for last the grenade round (Frag-12) http://youtu.be/cQYp9fOJ9VI.

529  Economy / Economics / Re: Current Bitcoin inflation rate = 35%. Price = stable on: April 19, 2012, 07:38:03 PM
all the US government has to do is take control of money printing, buy back all the bonds and boom save $400 billion a year in interest. And then, this is a big one folks so hold on to your butts, our elected politicians would be liable for any inflation or deflation as they control the money supply. although I assume there would be a ridiculous period of inflation for awhile as $15T+fractional reserve entered the money supply. after that, however, we'd (as a world) actually be moving towards sound money again for the first time in hundreds of years.

the fed is such a scam to the point where it almost makes me want to get violent.

Perfect solution except for that little TIPS (Treasury Inflation Protected Securities) Bonds problem.
530  Other / Politics & Society / Re: George Zimmerman arrested for 2nd degree murder for killing Trayvon Martin on: April 19, 2012, 07:21:27 PM
Perhaps, or perhaps not. What if it is happening one street over? can I go over there to respond? What if it is 20 miles away? I am not going to find out in a court of law. I am going to run if at all possible, even if it means certain death for your family.
I would also not use my gun to stop a rape for example. Rape is not murder and I think stopping a rapist with deadly force is murder.

NY isn't a castle doctrine state and of course isn't stand your ground.  But you're allowed to use deadly force against rapists and kidnappers.

I don;t know about other states, but they probably have similar laws.



LOL,

Victim: Hey Stop !!! before I can shoot you, which type of criminal are you? Are you a Rapist or Kidnapper?

Criminal: ah... No.

Victim: Ok then go ahead and take my stuff. The money is in the vault. There is a lamp over there to murder me with when your done.

531  Other / Beginners & Help / Re: Out of frustration i built my own trading platform for doing arbitrages. on: April 19, 2012, 07:14:03 PM
It was just a joke, i'm actively supporting Miningbuddy, i have messaged him several times today but he was not available i suppose.

Bullshit.

That post was written in the same fashion as Bitscalper communications I received by email etc and it's even ended the same using the 'BEST REGARDS' crap.
You both use GMT to possibly hide location in your user profile. You BOTH refer to 'joke' being complete strangers ?

How stupid do you think people are around here ?

This is either YOU or your partner.

If it looks like a Duck, Quacks like a Duck, Fucks like a Duck, Stinks like a Duck, Shits like a Duck.......


Damn,

I use Best Regards in communications. It seems to be an accepted ending among the most people. And, Sincerely as an ending with BTC seems to get laughs.

What will the new one be: Best Wishes, Best Satoshies, May the Gox be with you, May Zhou Tong's arrow miss, etc...

532  Economy / Economics / Re: Current Bitcoin inflation rate = 35%. Price = stable on: April 19, 2012, 05:28:37 PM
Transisto's point is spot on.

Inflation is taxation that is retroactive for the vast majority of people when it is done by purposely printing money.

e.g.

 If last week you earned $100 dollars and saved $10, then inflation goes up. The money you saved is being 'taxed' in a way. The money you thought you already earned, you didn't. It is a pay cut with the numbers staying the same.

Not that inflation is bad or evil because as resources dwindle inflation is a natural process. What is bad, is when one purposely causes inflation by printing money.

People with resources will counteract the Quantitative Easing (printing money) by moving to commodities, equities, etc... but the guy with a savings account and no time or money to 'invest' or 'trade' gets screwed.

Lets just try to stick with a natural inflation rate rather than impose one on the people.


My guess is the FED is deathly scared of increased interest rates, so they will print more to buy their own bonds. Why?  Because every 25 basis points increase, we owe $1 Trillion more in debt and we are already broke.

I fear we have already crossed the point of no return. Usually this is when people charge up their credit cards before they default and file bankruptcy.

Wonder what the 'new' dollar will look like in the future.

The above is a guess, it is entirely possible we will pay back the currently $15 Trillion now, or the projected $21 Trillion before any savings could possible be put on a downward spiral to pay it off.

But meh, the Aristocrats know what is best for you.

533  Other / Off-topic / Re: You might be a Scammer If... on: April 19, 2012, 04:58:01 PM
You goto IRC and post:  <Honest> Buying 10-150btc for $7 each.. Paypal.. Willing to email proof of ID

when the price is $5.
534  Economy / Speculation / Re: MintChip Vs bitcoin, the currency wars are starting... who will win? on: April 18, 2012, 09:37:30 PM
By the way. The title of this thread describes a "war" between the electronic currencies. Bitcoin should welcome the challenge of any new currencies. In the meritocracy of an open and free market, bitcoin compares very favorably. I can't see how a proprietary system could compete with it. Many of the strongest elements of BTC, such as being open-source, private and almost free, cannot be implemented in a fee for service environment. 
mintchip has the backing of the goverment, so they'll try to spread as much FUD to say bitcoin is worthless/insecure.

They won't need to do that. People will be able to get into and out of Mint Chip Easily. I hope Mint Chip has a nice client/app/etc... cause I  foresee Canada having the best BitCoin Trading going on. If Canada allows it, the world will soon be trading in Canadian Dollars. Smiley

One day the U.S. will realize that they are killing innovation and giving it to other countries.
535  Economy / Goods / Re: [SOLD] Unused BFL Single, Revision 3, 300BTC delivered in USA on: April 17, 2012, 09:51:31 AM
It was a huge false flag exercise so gigavps can sell all of his for 300+ BTC each and pay for his rigs.

I feel honored to be a part of the conspiracy.  Wink

If anyone wants to buy a BFL single from me for 300 BTC, PM me.

I'll sell giga's BFL single for 400 BTC. I don't think he'll mind.
536  Economy / Economics / Re: Current Bitcoin inflation rate = 35%. Price = stable on: April 17, 2012, 09:38:40 AM
But, efficiency is not the whole picture as one can't get a 100% Efficiency rate. Some energy will have to be used to get the oil. One can spend tons of energy on acquiring new and more effective drilling methods. The energy used in these endeavors must be used in the formula.

Once again, you're not using the term "efficiency" correctly.  You're using it as a synonym for EROEI.  The term you are looking for is Coefficient of Performance (COP), which is usually over 100%.  In terms of energy usage, oil drilling is always over 100% "efficient" otherwise we wouldn't do it.  In terms of percentage of resource recovered, however, it is always less than 100%.  You are confusing the two.  Pick one and use consistent terminology.

Quote
EROEI is the most fundamental metric. It is a foundation for almost everything.

To an economist, perhaps.  To non-psychopaths, it's a metric that is useful within a specific context.

It only takes a single match to burn down a forest.  The EROEI on that would be in the tens of millions.  Sound like a good investment to you?

Quote
Increase Efficiency is not always good. A balance needs to be maintained. The more out of balance there is the harder the crash when nature corrects it.

Often Increased Efficiency = Increased Unemployment based on current Population   So to increase employment, either decrease efficiency or population.

Alternately, increased efficiency is always good and increased population is not.

Quote
Because of the above, IMO, BitCoin is the most useful as a transactional currency (quickly in and out of BTC for payments) that can be the first truly international payment system.

This is a ludicrous notion.  Every Bitcoin has to be held at all times by someone.  If it were even possible for everyone to do what you suggest, Bitcoin's value would fluctuate wildly without any velocity to speak of, and it would be worthless as a "transactional currency", which is a fiction anyways.

First:

I appreciate your response and divergence from my opinions.

Quote
You're using it as a synonym for EROEI.

If I did, sorry to have given that impression.  I do not think it is a synonym for EROEI.

Quote
To non-psychopaths, it's a metric that is useful within a specific context.

Not entirely sure about the implications here. But, I've found if one digs deeper they find what they think isn't always so and sometimes even surprising.  I took it as you calling me a psychopath tho...  Which is fine. No offense taken. Smiley


Quote
Alternately, increased efficiency is always good and increased population is not.

Rather than me debate this, while I see the point being made, there are two thoughts on the matter:

The Khazzoom-Brookes Postulate

http://www.sciencedirect.com/science/article/pii/S0301421500000306

Basically increasing efficiency increases demand. Which I will grant is not always bad, but can be depending on what efficiency is being increased to obtain.

Also the speed at which resources are used can be accelerated to a point of no return. Cod fisherman became very efficient off of the NE North America til they diminished the cod.

On the other hand, Lobster and Crab fisherman, ah I'll just drop this: http://icesjms.oxfordjournals.org/content/18/3/333.extract

I think those sources should work, shouldn't they?

Again, thanks for the opposing views.


537  Economy / Goods / Re: [SOLD] Unused BFL Single, Revision 3, 300BTC delivered in USA on: April 17, 2012, 08:33:54 AM
call me conspiratorial but I dont think the OP ever even had a single.. nor did the op even sell one for 300 btc.. anyone who would buy one that price without pics and without proof it works is plainly an idiot.. just the thoughts of a feral cat.

How much would someone pay for a new iPhone model with a restricted production time frame?

Especially, if it was a chinese buyer purchasing it.

538  Bitcoin / Bitcoin Discussion / Re: A letter to the community from Matthew N. Wright on: April 17, 2012, 12:11:01 AM
Quote
I also meticulously scrutinize the language that people use when they communicate as it is a direct reflection of their state of mind -- after all, people think with language, and if they don't make sense out loud or in print, chances are that they are similarly confused in their heads.

Wait... You psycho-analyze the written word?

So 'they' are out there. The colour of phrases help to determine everything. How do you determine if the words have been edited, corrected, etc...?  2$ for your thoughts.
539  Bitcoin / Bitcoin Discussion / Re: Email from Dwolla Regarding Reversals on: April 16, 2012, 09:55:27 PM
Cash deposits at banks seems to be the way to go to maintain privacy.

This AML KYC stuff is just because LE has become lazy. If they truly suspect someone of a crime then they can goto the bank and get the video. This 'everyone' is a suspect so lets violate their privacy, needs to fail. So, every time they come up with a system, we need to come up with a 'legal' way of circumventing it.

540  Bitcoin / Bitcoin Discussion / Re: Email from Dwolla Regarding Reversals on: April 16, 2012, 08:32:16 PM
Death of Dwolla. Forcing customers to have a bank activity every thirty days is a fools errand.

Maybe on the next venture, they wouldn't use a linked bank account. Just accept cash deposits via the banks to fund accounts. Then chargebacks are moot.

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