I make all my income from the mining of bitcoins!

Now it's an image macro.

Maybe not everyone lives in a country where they can use dwolla and some have to use a wire transfer or some other means that costs a bunch and so they do it less often.  It would likely be in a country where the wages and cost of living are both very low and mining pays 10x better than a typical job.  What baffles me though is why it starts after the start of the month instead of a week before.

The only way to improve bitcoins is to base them on some kind of real wealth.  Yes, they're based on the cost of electricity, but once electricity is used, then it's lost rather than storing it as a battery.

The problem with fiat currency for the US dollar.

Consider what banks in the USA do.  These videos explain it better than I can.
http://www.youtube.com/watch?v=peiTfY7Bx4c
http://www.youtube.com/watch?v=OdtnPrHVHM4

Basically banks create a credit bubble lending imaginary wealth and putting a lot of money in circulation, then they take all that money out of circulation and people can't get loans, there's unemployment.  Then when people have no more of this imaginary wealth, the banks can then get the people's real wealth, their houses, their land, their businesses, their cars, etc.

Namecoin tries to be based on real wealth, but it's based on the whole domain name cybersquatting (cybersquatting of nontrademark names is legal) wealth by cybersquatting (people who do it try to make people call it by some euphamism) of a massive load domain names and then trying to scalp them for a higher price.  I don't know what it should be, but there needs to be a better real wealth basis than this.  I also thought about basing it on some kind of advertising, but it's too complicated to keep people from cheating for it to work.

Another idea was something like a Tor network of IP hiding that generates coins that way, but it's too ephemeral instead of being a permanent real wealth.

Maybe somebody here can find a way to base bitcoins on real, lasting wealth.

I've seen this several times.  The miners and the small merchants who sell in bitcoin will wait till the end of the month when lots of expenses come due.  Then they all sell.  Then the price drops.  Then when this happens, the many speculators and tradebots sell their coins and it spirals down.

If that was true, then they could find the coins stolen from mybitcoin or whatever it was and then get them all back and arrest the people who stole the coins.

The claims of how to get out are a lie.  I've been on the forum for 1.5 years.  I originally could post anywhere.  I then stopped going to the forum for over year.  Now despite tons of posts, years spent on the board, threads made about it, and multiple whitelist requests nothing.

I'm guessing the people getting out are bribing the admins.

The claims of how to get out are a lie.  I've been on the forum for 1.5 years.  I originally could post anywhere.  I then stopped going to the forum for over year.  Now despite tons of posts, years spent on the board, threads made about it, and multiple whitelist requests nothing.

I'm guessing the people getting out are bribing the admins.

I've been on the board for a year and a half.  My old posting history even shows I used to post outside here.

It seems 99% of all real conversations are trapped on this one board.  Ridiculous.  Mods are doing a terrible job!

I registed a year and a half ago.  I used to be able to post anywhere.  I came back this summer and could only post here.  I made a thread about this how my account is so old and has more than 17 posts and still I can only post here.

This needs to be moved to the speculation board.  https://bitcointalk.org/index.php?board=57.0

Post is below....

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If you have a lot of money, with bitcoins:
1) The IRS (government tax collectors) can't touch them.
2) No law enforcement can touch them.
3) No ex-wife and her lawyer can get them.
4) Nobody filing a frivilous lawsuit can get them.
5) You can back up your wallet, then encrypt the files, then disguise them as jpgs, obscure them with a bunch of jpgs, then hide them on flashdrives you have burried in the desert.

Compare this to banks.

Bitcoin's value may be wonky, but one day when I have a lot of money, I will put them in bitcoin to protect myself.

I registed a year and a half ago.  I used to be able to post anywhere.  I came back this summer and could only post here.  I made a thread about this how my account is so old and has more than 17 posts and still I can only post here.

Posts:    17
Date Registered:    April 15, 2010, 12:02:40 am

I still cannot post except this forum!

50 tries to register
Either (a) the captcha, (b) my pin that I reenter they they falsely don't recognize it as a number.
And each time the form doesn't work, I have to re-enter my password, re-enter the pin, re-enter the CAPTCHA.
And of course it makes the password have to have a capital letter, which isn't any safer, just is a pain.
And after registering, the same password that I just entered 50 times suddenly does not work because the website is sadistic.  So I have to do password recovery to be able to log into my account.
Signs of a terrible website.

Date Registered:    April 15, 2010, 12:02:40 am

I haven't posted for over a year.

Posts:    14 (0.030 per day)
(made 12 before today)

So I should be able to post elsewhere but I come back and I cannot?

I posted like at least 5 posts over a year ago and now I can't post except here.  I didn't know what was going on in this board.

Oh my god finally a reply button appeared.  My account is over a year old and I haven't used it since then and it seems posting is impossible anywhere!

Could the bitcoin network be destroyed by someone generating endless bitcoin addresses nonstop?  I mean it sounds like it would do something really bad to it.

I'm pretty sure at some point a website will take payments in bitcoins and will decide to generate a new bitcoin address for each payment and end up endlessly generating new addresses like mad and do something bad to the network.  Then more will start in.

For a website taking payments with bitcoins, which is better: taking payments through IP solely or using tons of bitcoin addresses that you have to reuse and reuse?

And why?

Hmm wouldn't it be better simply to have them send to your static IP and then put their account name and likely some reference number in the message instead?

I'm pondering which one is better to do.

My thanks to laszlo and possibly others for sending me sample bitcoins.

May I have a bitcoin address to send payment to?

Now that I'm familiar with receiving, I just want to test sending so I'm familiar with things when I set it up on my website.