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61  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 29, 2016, 12:20:35 AM
Disgusting insect:
I'm not talking about what's been promised, or what will be. I'm talking about what is, now.
Now make like I just turned on the light and scurry away.
62  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 29, 2016, 12:07:14 AM
Can I send you 0.01 or 1$ to your CC?

Bitcoin = bidirectional, like paypal.

Can you be any more contrived? Were you planning to send me 0.01 or 1$? Please don't, that's exactly the sort of shit annoying changetip creeps do, don't do it.

Bitcoin is nothing like PayPal. PayPal underwrites my transactions.
When I deal with you via PayPal and you stiff me (don't deny it, you would), I get my money back. If you were good & managed to cash out, PayPal eats the loss.

Bitcoin, on the other hand, can't give me my money back if I accidentally pay $136,000 to spend .05 Undecided
If you really want to find something similar to bitcoin IRL, think fleshlight that turns into a meat grinder if you don't program it just right.

P.S. But if I did accept CC, sure, you could send me a penny, though it would be a real dick thing to do.
63  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 28, 2016, 11:28:20 PM
Third, my main point is to assert that bitcoin also provides a lot of amazement, and it may not be the same kinds of amazements of other centralized services, but it is still amazing in a variety of innovative ways...

-The cost of mining 1 bitcoin is only slightly lower than the price of 1 bitcoin, mostly in burnt hydrocarbons. *AMAZING*
-Bitcoin inflation rate is 10% per annum. *Amazing*
-Currently, bitcoin can handle a sustained rate of roughly 3 transaction per second, the average transaction volume generated by one mid-sized US shopping mall. *Amazing*
-A few days ago, someone paid $136,000 to send $0.05. *Ahahahamazing* (SFYL)
-An average bitcoin user is functionally illiterate. Sad, yet *AMAZING*

Forgot what amazed me about my credit card, let's see...
Coincidentally, I sent a transaction of about 1.6 BTC (about $740), and I included a .00007241 BTC fee (about $.03), and it went through high priority and in 13 minutes.  That is quite amazing, if you really think about it, and you're easily amazed.

My CC goes through in about 3 seconds total.
*And* it lends me money for free.
*And* if I accidentally pay a million dollars for a pair of alpaca socks, no worries, I get it right back.
*AND* if the trustworthy retailer mails me some dog poop instead of the alpaca socks I paid for, I can get my money back too.

Now *that's fucking AMAZING* Cool

Huh. I guess you're right, booth CC and Bitcoin are amazing Smiley
64  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 28, 2016, 10:50:45 PM
Coincidentally, I sent a transaction of about 1.6 BTC (about $740), and I included a .00007241 BTC fee (about $.03), and it went through high priority and in 13 minutes.  That is quite amazing, if you really think about it, and you're easily amazed.

My CC goes through in about 3 seconds total.
*And* it lends me money for free.
*And* if I accidentally pay a million dollars for a pair of alpaca socks, no worries, I get it right back.
*AND* if the trustworthy retailer mails me some dog poop instead of the alpaca socks I paid for, I can get my money back too.

Now *that's fucking AMAZING* Cool
65  Bitcoin / Bitcoin Discussion / Re: Russian Law Would Send Bitcoin Users to Jail as Cybercriminals on: April 28, 2016, 06:50:48 PM
If it is so , government is a reflection of people. It is known.

Just curious, which third-world backwater do you hail from? Nice government there?
66  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 23, 2016, 10:11:01 PM
You're all in serious trouble, busters.
*Misters [stet cap]
Wait until your father Azerbaijani mod gets home!
67  Bitcoin / Bitcoin Discussion / Re: Are these new and upcomming blockchains going to need hashrate to secure them? on: April 23, 2016, 03:12:17 AM
Ya my understanding is that you'll need some sort of "power" to move the blockchain taking outputs and using them for inputs for the next block, i mean they are calling all the new chains blockchains.. so something has to be inherited from our blockchain, else how is theirs going to work?

Else how can they "prove" anything..

Icon

Start here: permissioned blockchain.
68  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 22, 2016, 10:52:15 PM
I checked the charts for the last halving, it went up a bit then flatlined for a month or two afterwards. A few months later was when it started going up in price, then mooning. If history repeats itself then September sounds good for fireworks.

It will not play out like last time.  The timelines between cause and effect will likely be shorter, and there is more expectation of profits, so it's likely to pump harder beforehand.

This time it's gonna be different. This time, for sure!
69  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 22, 2016, 01:52:18 AM
@adam which doesn't mean cypher "got mixed up in a mining operation." Â He knew exactly what he was doing, all the time. Just because people attacking cypher are dicks doesn't mean cypher isn't a dick himself.

i dont know the whole story, you dont know the whole story, cypher doesn't know the whole story, cypher wasn't the mastermind in all this more of a pawn...
and how cares if cypher is a dick or not, there are plenty of shady characters here on this lovely forum...


Read my whole post -- the boldface part is exactly what I'm trying to say. But by pretending that he's some innocent who got mixed up with some shady kids? Just makes *everything* you say sound like bullshit.
70  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 22, 2016, 01:26:13 AM
@TooDumbForBitcoin; Yakamoto: Did you post something on that forum which got deleted because it made cypher look like an ass? Did you get banned from that forum for not toeing the party line?
If not, why would you care who started it? I hear people actually drive down autobahns built by Hitler, and it works out fine Smiley

@adam which doesn't mean cypher "got mixed up in a mining operation."  He knew exactly what he was doing, all the time. Just because people attacking cypher are dicks doesn't mean cypher isn't a dick himself.
71  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 21, 2016, 11:47:18 PM
...
Firstly, this thing is in beta, it's being tried out for real since a few days. Over and over emphasizing that there's still very little going on is getting lame. Of course there isn't.
...
I not only checked the context,  I'm trading on Bitsquare now (two bids, two asks, one trade ongoing). It works like a charm, I'm impressed how mature the software is. No failing in sight, yet.

I must have misunderstood Sad

Quote
If you engage in 6 different trades, you make 6 different money transfers. Apparently, you've never used platforms LocalBitcoins or Paxful. Because that's what Bitsquare is competing with. It does the same, without the centralized platform where you have to keep a wallet for your BTC -- with all the risks that brings.

The procedure is quite similar as for LBC or Paxful. Only, there's no chat between buyer and seller. All the information you need for the payment method is encapsulated in the offer.

I mistakenly assumed that this thing resembled an actual exchange, the fancy kind. The sort that *gasp* provides newfangled features like consolidating the sells (not making me work out the logistics with 7 separate individuals & needing all 7 to agree that everything's a go, before I could lay my mitts on that sweet 1.3 BTC).

Do you ever do risk assessments?
Do you understand how miniscule the odds are for 7 shifty d00ds to be not shifty, together, at the same time?

But hey, since everything went swimmingly for you thus far Roll Eyes
72  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 21, 2016, 11:05:53 PM
@Andre#, serious question: Assuming I wanted to trade on that exchange, and assuming (gasp! another leap of faith) that 3.5 BTC belongs to more than one bro, what happens when I buy the whole 3.5 BTC?
Do I need to send a bunch of separate money transfers to all the Anons involved, or do I just wire the whole shebang to arbitrator Anon?

...
Edit: Am I reading that (my) screencap right? There's 5 Euros' worth of BTC on that exchange, and 3.5 BTC if I want to use USD? Shocked That's, like, a whole used car. Probably won't get a sticker, but hey, at that price, who got time for statist bullshit like safety inspections, amirite?


A serious question, awesome!

For each trade the buyer/seller need to send/receive a separate money transfer to/from the seller/buyer with the reference of the trade ID, while the BTC is in escrow with the arbitrator holding a third key of a 2-of-3 multisig wallet. (BTW, in my screenshot you can see that there's a total of 4.9 BTC of EUR trades, 3.5 BTC of ETH trades, and 1.33 BTC of USD trades -- seems like you mixed it up a bit.) These are divided over 18 different offers that require fiat transfer via SEPA or OKpay.

If I look now, the statistics are like this:
- 7 EUR asks via SEPA (total 2.415 BTC), from AT, EE, PT, NL
- 5 EUR asks via OKpay (total 3.12 BTC)
- 2 EUR bids via SEPA (total 1 BTC), from NL & PT
- 4 EUR bids via OKpay (total 0.351 BTC)

Given the fact that for the SEPA offers alone, money needs to be transferred to four different countries makes it highly unlikely all these bank accounts are controlled by the same person.

I'm in the States, so let's get back to the 1.3 BTC I could actually (what's the appropriate term to use here? CrowdBuy?)
Let's say I wanted to live large, and buy all the BTC I could on this exchange. Without exchanging my decent American dollars for Czech koruna, Botswana pula, or EU Euro, that's a grand total of 1.3 BTC Shocked.

Now, lets forget for a moment that I've already made $3 million US by trading on that exchange, and know this stuff like the back of my hand. Let's pretend I'm not the virtuoso p2p trader I know I am, and need this explained.

Looking at MY screencap right here,



... it appears there are 6 people behind that 1.3 BTC on offer.
Remind me, do I have to wire money to 6 individuals to buy that 1.3 BTC? Will I then wait for all those people, +the trusted intermediary, to agree that I actually sent the money & it has cleared?

In short (ino, rite?), describe, step by step, things I'd have to do to get my greedy paws on that sweet sweet 1.3 BTC Smiley
73  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 21, 2016, 10:25:30 PM
...
That assumption is wrong. Scammers that sell fake anti-virus assistance usually charge their victims 200-300 euros. Note, IDs don't help in those cases, since the victims happily hand over their IDs to the scammers.

And vice versa?! Sometimes I can actually *feel* the infinite number of realities unfolding simultaneously.

Stop dropping acid for a few weeks. The number of realities will feel much smaller after some time.

But Andre, it  must  be true!
Because, in my reality, victims and scammers don't exchange IDs, & a weirdass app with 3.5 BTC [lol, sorry, my mistake!] 1.33 BTC Shocked on the books is not called an exchange. Obviously, your reality intersects mine only here, on bitcointalk.

But let us get back to the nuts and bolts. You must have missed my question, so I'll repost:

@Andre#, serious question: Assuming I wanted to trade on that exchange, and assuming (gasp! another leap of faith) that 3.5 BTC 1.3 BTC belongs to more than one bro, what happens when I buy the whole 1.3 BTC?
Do I need to send a bunch of separate money transfers to all the Anons involved, or do I just wire the whole shebang (more than 500 whole dollars!!! Shocked) to arbitrator Anon?
74  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 21, 2016, 09:36:21 PM
...
That assumption is wrong. Scammers that sell fake anti-virus assistance usually charge their victims 200-300 euros. Note, IDs don't help in those cases, since the victims happily hand over their IDs to the scammers.

And vice versa?! Sometimes I can actually *feel* the infinite number of realities unfolding simultaneously.
75  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 21, 2016, 09:24:50 PM
@Andre#, serious question: Assuming I wanted to trade on that exchange, and assuming (gasp! another leap of faith) that 3.5 BTC belongs to more than one bro, what happens when I buy the whole 3.5 BTC?
Do I need to send a bunch of separate money transfers to all the Anons involved, or do I just wire the whole shebang to arbitrator Anon?

...
Edit: Am I reading that (my) screencap right? There's 5 Euros' worth of BTC on that exchange, and 3.5 BTC if I want to use USD? Shocked That's, like, a whole used car. Probably won't get a sticker, but hey, at that price, who got time for statist bullshit like safety inspections, amirite?

76  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 21, 2016, 08:59:19 PM
I not only checked the context,  I'm trading on Bitsquare now (two bids, two asks, one trade ongoing). It works like a charm, I'm impressed how mature the software is. No failing in sight, yet.
Yeah, me too. Made three million dollars already. No way for you to verify it, could be lying through my teeth, but hey, that's the beauty of it, amirite?

[img width=800 ]https://i.imgur.com/lWsTQaE.png[/img]

You'll probably say I photoshopped it together...

Not at all. Here's proof that I made $3 million US trading on that fine exchange without incident:



You'll probably say I photoshopped it together...

Edit: Am I reading that (my) screencap right? There's 5 Euros' worth of BTC on that exchange, and 3.5 BTC if I want to use USD? Shocked That's, like, a whole used car. Probably won't get a sticker, but hey, at that price, who got time for statist bullshit like safety inspections, amirite?
77  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 21, 2016, 08:24:09 PM
BFX leading this? On no volume? I'm confuse...
I not only checked the context,  I'm trading on Bitsquare now (two bids, two asks, one trade ongoing). It works like a charm, I'm impressed how mature the software is. No failing in sight, yet.
Yeah, me too. Made me three million dollars already. No way for you to verify it, could be lying through my teeth, but hey, that's the beauty of it, amirite?
78  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 21, 2016, 07:51:19 PM
...
2 days later my bank calls me and says the person's account that sent me the money was hacked and that they needed to refund the 180 euro. Nothing I could do at that point.
I had the same thing happen on Venmo... those fuckers.  Angry Angry Angry

It's not about the money, it's about sending a message Smiley


I don't know whether I should feed any trolls, yet if you could explain your amorphous response causing it to become less amorphous, that would be great.  ÃƒÂ‚ Wink Wink

Sure. But first you gotta delineate the aspects of aforementioned amorphicity you feel are too nebulous, and thus may benefit from further, that is to say more rigorous, definition.

Naw...

I'm not going to play this stupid-ass game, in which you continue to fail/refuse to clarify the meaning of your simple sentence, i.e.:Â  "It's not about the money, it's about sending a message Smiley"

I just thought it was some cold-blooded shit to say to a motherfucker before I popped a cap in his ass Sad
79  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 21, 2016, 07:33:34 PM
...
You can use SEPA, OKpay, etc. The exchange is just starting, but it has lots of potential. At least, it is impossible to take down.

ELI5 who I wire actual irl money to, and why it won't get stolen immediately.

1) The bitcoins are programmed to be released only when two of three people agree that the money has been received.
2) When the money gets to your bank account you and the buyer release your coins.
3) If you lie about it, the buyer and a random aribitrator release your coins.

Not sure that I would trust it...  but seems legit.

Did this with a SEPA transfer on bitquick once. The guy sent me 180 euro. I saw the transfer go through to my account. I released the bitcoins.

2 days later my bank calls me and says the person's account that sent me the money was hacked and that they needed to refund the 180 euro. Nothing I could do at that point.

Sounds like:
I sold a table once. The guy paid me 180 euro. I saw the bank notes fall in the palm of my hand. I gave him the table.

2 days later my central bank calls me and says someone's house had been burgled and the bank notes were stolen (they presented to me the list of serial numbers of the stolen bank notes) and that I had to give those bank notes back to them. Nothing I could do at that point.

Hence, it doesn't happen like that. If you can show you sold or exchanged something for that money, it's yours. No shopkeeper ever had to give money back because he accepted what turned out to be stolen money. Only if you knew the money was stolen, then you're in trouble. (e.g. asking and receiving a ridiculous commission for swapping BTC to cash raises the suspicion that you may have known it was fishy.)

It has happened a few times that scammers bought BTC from me while not paying for it themselves, but manipulating others into sending money to my bank account. I've never had to pay anything back, since I could always prove I was acting in good faith.

However, such scams are a possible threat to Bitsquare, because buyers and sellers are insulated from each other, which makes it difficult (if not impossible) for the receiver of fiat to assess the sender of fiat actually knows he is buying BTC. On the other hand, it also offers perfect deniability.

I can see how JJG could have gotten chumped, but Elwar does that shit all the time, he's the proverbial money changer. If Elwar could get pwnt like that, what of us mere mortals?

Seriously tho, check the context before replying. We're talking about the fail that is decentralized exchange.
80  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 21, 2016, 07:21:20 PM
...
2 days later my bank calls me and says the person's account that sent me the money was hacked and that they needed to refund the 180 euro. Nothing I could do at that point.
I had the same thing happen on Venmo... those fuckers.  Angry Angry Angry

It's not about the money, it's about sending a message Smiley


I don't know whether I should feed any trolls, yet if you could explain your amorphous response causing it to become less amorphous, that would be great.   Wink Wink

Sure. But first you gotta delineate the aspects of aforementioned amorphicity you feel are too nebulous, and thus may benefit from further, that is to say more rigorous, definition.
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