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6141  Bitcoin / Bitcoin Discussion / Re: Finding Satoshi on: December 11, 2014, 10:12:30 AM

With a little editing, you could sell this as an e-novelette on Amazon.
However, I would suggest you remove the Ron Paul bit. No NSA/CIA involvement there. A lot of people had copies of the incriminating newsletters, and many suspect it was the Santorum camp which leaked it. Besides, it devalues the legacy of Satoshi to be likened to a politician.
That aside, if you like, I could place a link to this thread in my sig for a week.

Thanks. A sig link would be cool. Ron Paul was an example, if I knew more about Martin Luther King I might've gone into that or any other figures throughout history who's ideas were right but their human nature past was used against them to attack the idea. I just happened to know the most from the Ron Paul camp, seeing from the inside a very well coordinated attack.
6142  Economy / Speculation / Re: Paypall , Ebay , Microsft , Sony , .. on: December 11, 2014, 10:06:58 AM
google or paypal

Why would anyone give money to Google?

Ya, nobody gives money to google. They give away all of their services for free.
6143  Economy / Speculation / Re: Microsoft IS ACCEPTING Bitcoin! on: December 11, 2014, 09:42:59 AM
Merchant adoption, even if they convert from bitcoins to dollars is all about the amount of time Bitcoin is held thanks to them accepting bitcoins.

If 365 people use one bitcoin that goes from dollars to bitcoin back to dollars over the course of one day, that is the equivalent of one person holding 1 bitcoin for the whole year.

The longer the period, the more people, the less bitcoins available for people on the exchange, the higher the price.

When there was only one option...a pizza, it was such a small portion of the whole bitcoin supply that 10,000 bitcoins were required for the transaction. If there are a large amount of merchants accepting and requiring bitcoin to be held for slightly longer amounts of time, the less the supply for people who want to buy.
6144  Economy / Service Announcements / Re: Faucet Bitcoin NEW on: December 10, 2014, 03:50:04 PM
Free Bitcoin Or Satoshi
Get a BITCOIN every 30 Minutes UP to 5000 Satoshi and Earn 100% referral bonus!

http://connectbitco.in/

You get "a BITCOIN" every 30 minutes?

or is it up to 5000 satoshi?

Also...wrong forum.
6145  Bitcoin / Bitcoin Discussion / Re: Who's brave/stupid enough to invest their life savings into Bitcoin? on: December 10, 2014, 03:02:00 PM
I have 30 bitcoins. Should I sell or keep?

Keep 21 for long term so that you can say that you have 1 millionth of all bitcoins.

Spend/invest/use the rest.

Work on getting to 1 100,000th.
6146  Bitcoin / Bitcoin Discussion / Re: How would this affect the network? on: December 10, 2014, 02:51:20 PM

I think the Great Wall of China is the first known example of flag semafore?


Could be, I didn't know they had that set up. They could have had bitcoins back then.
6147  Other / Politics & Society / Re: Illinois Just Made it a Felony for Its Citizens to Record the Police on: December 10, 2014, 02:49:14 PM
I agree with this. A lot of people go around, recording cops and purposely irritating them. It's hard to work under pressure especially when people keep on pushing and pushing you. There are already video recorders and cameras in the cars of many cops so if people have complaints they can always get a judge to allow access to the videos in order to make a claim. People who record cops usually do it because they are pretentious douche bags... just saying.

This. If someone who was practicing their freedom was rude it is best to end that freedom for everyone. Wouldn't want to hurt any more police officers feelings or make them uncomfortable. That's the most important thing after all.
6148  Economy / Speculation / Re: permabulls not only lost the control over this section-in fact they are extinct on: December 10, 2014, 02:36:07 PM
Another permabull, checking in. Still entirely in bitcoin, still living almost exclusively on it since June of 2013, still using it to buy all my groceries and stuff, and still converting all the cash I get into bitcoin.

Bitcoin fundamentals haven't changed. It's still better, faster, and more convenient than dollars or credit cards. Dollar, Euro, and Yuan fundamentals, on the other hand, are continuing to change, for the worse. So  Tongue


Not at the moment, hopefully that will change over the next few years

Have you ever paid for something in person with bitcoins?

Sooo easy
6149  Bitcoin / Bitcoin Discussion / Re: How would this affect the network? on: December 10, 2014, 02:33:29 PM
  • Telephone
  • Radio (including hobbyists)
  • Television
  • Carrier Pigeon
  • Flag Semafore
  • Probably other communication systems I haven't thought of

True, Andreas spoke about this on the Joe Rogan show. Talking about how people in isolated countries would take their short wave radio and go to the train track to hook up to it as an antenna, send their message then unhook and retreat to where they were before.

Flag semafore could send a message long distance over several hops faster than the earlier Internet connections.

6150  Bitcoin / Bitcoin Discussion / Re: Would you normally trust a Bitcoin ATM? on: December 10, 2014, 02:02:48 PM
Where is the risk in getting bitcoins?

You get the bitcoins...they can't be taken back.
6151  Bitcoin / Bitcoin Discussion / Re: Could this is how Satoshi disappeared? on: December 10, 2014, 02:00:01 PM
Heh, though I bet if you even had a thousand coins on one drive, you could get a "no win, no fee" contingency deal with a forensic recovery specialist.

If you can find his hard drive, they're yours:

6152  Bitcoin / Bitcoin Discussion / Re: How would this affect the network? on: December 10, 2014, 01:54:33 PM
Reading the MaidSafe forum, someone asked how its network would cope if a government or other entity effectively and quietly cut off communications between countries or continents and so created two or more unlinked networks.

So applying the question to Bitcoin, when eventually reconnected, how would these networks join back together and reconcile transactions with one another?

quietly?

like nobody would notice?

Didn't broadcast or forewarn of their intention to do it.

A mass uprising by the people.

The difficulty to get a block would likely be too high for the cut off country and it would likely take weeks for them to process a single block.

Would the Bitcoin network still function normaly within that country?

Assuming that it did and was without connection to the larger network long enough for some transactions to occur and be confirmed before joining back, then is that a scenario allowed for in the protocol?


Any transaction made in the smaller network would be ignored when joining back in because the blocks found would be after the blocks found on the larger network.
6153  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 10, 2014, 01:45:17 PM
so what we do on this thread is discuss BTC price movement all day long

This.

Price on Bitstamp is down $1.
6154  Other / Politics & Society / Re: Education Programming 101: Destroy Logic on: December 10, 2014, 01:18:10 PM
6155  Economy / Speculation / Re: Who do you think should be the fool to buy Bitcoin from you for 1000$+? on: December 10, 2014, 12:59:04 PM
So, in summary:

Bitcoin is going to $1000!!!
6156  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 10, 2014, 12:48:30 PM
I can taste the despair right now but I prefer to buy during panic...I will hold off a little longer.
6157  Bitcoin / Bitcoin Discussion / Re: A breakdown of the auction results on: December 10, 2014, 12:20:42 PM
So it appears that a Second Market syndicate was the one that got the 9 x 5000 and the one 3000 block.

They won 48000 of the bitcoins and Tim Draper got 2000.
http://www.coindesk.com/secondmarket-syndicate-bidders-real-winners-bitcoin-auction/

no idea or leak on what it was per BTC yet? (looked thru above thread maybe I missed it?)



it's not known...we still don't know the price Tim Draper paid back in July
6158  Economy / Speculation / Re: Who do you think should be the fool to buy Bitcoin from you for 1000$+? on: December 10, 2014, 12:19:16 PM
I will still be buying when the price is 1000+

Buying with dollars and selling with euros because it is the cheapest way to move money from my US bank to my german bank.
6159  Bitcoin / Project Development / Re: Votecoin [VOTE] decentralized voting concept on: December 10, 2014, 11:58:00 AM
BitPools has blockchain voting.

Your eyes have been opened by Bitcoin...why try to upgrade a legacy system?

Satoshi did not say "let's replace the Federal Reserve with a decentralized fiat system". He said, let's revolutionize the way we use money.

So why focus on replacing a voting system for a legacy concept such as voting for people to decide what to do with your money?


What is the point of government? Everyone "gives" them money and they implement large projects supposedly in the interest of those that gave them the money.


Why do we need government to do this for us? Why not pool our money voluntarily for projects that we support?

Look beyond upgrading an old system. Look toward a new system that fulfills the need of the old system.
6160  Economy / Service Discussion / Re: Can Bitcoin by fried chicken? on: December 10, 2014, 11:49:54 AM
The question is...could you fry chicken from the heat put off by an ASIC miner?

I think that is a question we all had on our minds.
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