No.  Just a run of the mill scam artist.  The BBB rating of the company speaks for itself.

But its cool how he parlays his incompetence and dishonesty into a way to qualify his customers.  They don't want people smart enough  to see past the jz smokescreen.  They want suckers too blind to realize they are exactly the bunch of tools they appear to be.

The people you call "ignorant idiots" are the people who will take bitcoin mainstream. Dismissing them does not change this.

The perception is changing.  But the reality is we are not done seeing the effect of SR on the price and perception of btc.  No amount of denying it makes it untrue.

You send the vendor exactly .005Btc.

It's easy.  There is never really any need for change.

At first some questions we have about bitcoin are like this...

How will we actually send an email if there is nowhere to buy stamps?

The more you understand bitcoin, the more you will realize it is an idea who's time has come.

That's like saying a handgun is good finger exercise.  Silk road played a large role in the beginning of btc but it came at a horrible price.  The perception of bitcoin as the currency of the darknet is still prevalent and it might take years to fully outgrow that stigma.

Even after its demise,now we have to brace for some huge selling pressure in the near future.

confirmed news from sources

^^ best part.

It is the only way of actual freedom and fairness.

Those who agree with the op should think about this...

I guarantee you there are bitcoin users who support the FBI and the us government in this case.  Whether they are right or wrong or in the majority or minority who are you to act on their behalf.

Real freedom may come at a great price.

One of the most astonishingly beautiful aspects of the bitcoin ideal is it resists the tyranny of ideas like the op.

Indeed so, though we would have to sacrifice bitcoin to achieve this goal.  The moment that power is wielded we damage fungability AND become a central bank with an agenda.

In the end what's most interesting about this idea to me is thinking of a way to ensure it would be impossible for it to ever be implemented at all.

It IS remarkable that so much power resides in the community that is connected by the bitcoin network, but this idea is so antithetical to the foundation of bitcoin that I can almost begin to give credence to the paranoid background choir singing about anti-bitcoin sock puppets.  Almost.

Bitcoin is not a tool to promote a single political agenda.

This may be the stupidest idea I have read on this forum so far.

And it completely goes against what bitcoin represents and strives for.

I agree short fast structures favor smaller fields, though its mot such a big deal to me.

Seals did something interesting I never saw before with the "Smooth" blind structures.  I wonder if they could do something similar with a "Smooth tournament structure" where depth and speed were adjusted based on players in the field. 

It could be done just at the onset of the tournamet like the payout structures...  in other words the more players, the deeper the stacks and/or longer the blinds. It would have to be an "S" curve I think as not to get ridiculous.

Or...it could adjust as the field shrinks in the game itself to, which would lend itself to some interesting tourney strat imo.

Just sort of thinking out loud.

I know I risk of being burned as a witch saying it here...  but is it not reasonable to think that when you are talking about longer periods at this point in the discovery of a new commodity/currency/phenomenon fundamentals will begin to damp technical forecasts?

Seems to me this is yet another site which is really a gambling site complete with deposit bonuses etc masquerading as a currency trading platform.  Complete with binary options etc.

Seems to be a lot of these popping up.

Second.

That's cool...  having to submit to this checkbox at each purchase is not:

"I agree that I will get the Bitcoin exchange rate in effect at the time when BuyBitcoin.ph processes my payment and delivers bitcoins to me, not at the time I submit this form."

I hate all those names.   

Not interested != Paranoid.

0.00002401 BTC.

PFFFT.  You didn't really even try...  And  two dimensions is just so "pre ASIC".

You are making my point for me.  Expecting bitcoin to have a value LARGER than USD M2 + All gold is definitely fantastic.


You are also making my point, and what you describe would requite such social upheaval I personally hope it doesn't happen.

So a serious question/comment.

I see the number 1,000,000 tossed around frequently.  I also see many scenarios that are that fantastic seemingly considered as serious possibilities.

If this is the "quality" TA thread does it not knock down the quality a bit when the million dollar number and things like it get tossed around?

Even if it's tongue in cheek it seems to be so overly fantastic as to undermine so much of the good analysis that goes on.

A corollary: Assuming there are bulls here who seriously think $1MM/BTC is a real possibility would someone give me a good argument as to how this is possible.

I am personally a BTC bull, but I have a hard time imagining the sort of scenario where BTC is worth $1MM USD.  I feel that level of price would require the sort of social upending that would threaten the networks needed to keep BTC valuable.

No.  They way bitcoin network confirms your transfer each time a new block is found on the blockchain. (10 minutes each average)  This is security.  This way the whole network confirms you have sent the coins as you said.

A 2 confirmation minimum is notable since it is so fast (10-30min).  Most businesses (even those on the darknet) will require 6 confirmations (roughly an hour usually).

By now your balance is at Seals.  

Come play!