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6161  Economy / Economics / Re: My brother suggest me to cash 50% out before the banksters ban crypto coins on: November 30, 2013, 12:47:02 PM
Hello , my brother is a lawyer and he suggest me to cash out 50%. He says I dont have to pay tax for it now. But he is sure in the future they will ban it. (dont accept withdrawals from exchanges)
What do you guys think?

And what else does his crystal ball say?
6162  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 30, 2013, 12:39:25 PM
I don't think I've ever seen the markets this calm.

And you're following them since ? Smiley
6163  Bitcoin / Press / Re: 2013-11-27 Guardian: 7,500 Bitcoins thrown in bin on: November 30, 2013, 12:31:19 PM
Well , I don't either but it is possible.
The easy way to find out the truth is to find the drive or to have him under the polygraph.

The polygraph doesn't work - http://rationalwiki.org/wiki/Polygraph. How hard would it be to find the unspent coins on the blockchain?

Not hard , we have the time frame and you just have to go through the blocks in that period. But most of them haven't move so they could be his or Satoshis ones.
6164  Other / Beginners & Help / Re: Female newbie intro on: November 30, 2013, 12:17:22 PM
Mining is a risky business.
You don't know when your product will be delivered and you have no clue how the difficulty will jump (especially now since we wait for knc,hasfast and cointerra to deliver).
Better buy bitcoins and hold:)
6165  Other / Beginners & Help / Re: I hope this is not a Stupid Question about Offline Paper "Wallets" :( on: November 30, 2013, 12:14:32 PM
Hi, I get that paper wallets generated by bitaddress.org are actually single keypairs and wallets necessarily, so say if one used their website via their zipped project from github and did the random keypair generation offline, would there be a chance that the keypair of public and private addresses you got have been also generated offline by another user elsewhere? So is there a chance that the same randomly generated pair has another instance by another user who just did the exact thing. just a coincidence? Or how is this avoided?

Also, so the addresses you generated from a site like that, they don't have or use signatures, right, so there is less chance of them getting compromised?

Thank you so much and happy holidays to you all and best of health to everyone

Taking into account the number of combinations , it's more probable you'll be hit my lighting 4 times during this month.
Of course , there is still a chance
6166  Other / Beginners & Help / Re: Can I get in bitcoins even though I'm really broke? on: November 30, 2013, 12:10:14 PM
I'm currently really broke and have no way to earn a revenue. Is there any way for me to earn some bitcoins?



Edit: I now have 3 BTC and I just wanted to let you know xD

And you have a scam accusation pending over Smiley))
6167  Bitcoin / Press / Re: 2013-11-27 Guardian: 7,500 Bitcoins thrown in bin on: November 30, 2013, 11:56:45 AM
I'm just trying to work this out ....

He's supposed to have had 7500 coins and he mined them in a week on his laptop back in 2009.  At one block every 10 minutes each generating 50 coins that's 300 coins an hour, 7200 coins a day and 50400 per week. 7500 of 50400 is 14.88%.  Now maybe I'm being dumb and I've made some stupid mistake but if I haven't it does not seem credible to me that he had about 15% of the hashing power mining bitcoins back in 2009.

M

he said a week , maybe to dramatize , could have been 10-12 days,  and at that time you couldn't say that there was hashing "power" , the few who tried this weren't keeping their computer on 24 hours except for a few.
Still , it is possible.

Let's call two weeks. That would still mean he produced 7.44% of all the bitcoins produced in that time. That means that he would likely been  among the first dozen or so early adopters. Let's say that he was among the first 100 adopters. It's not impossible, but I do not find it credible.

M

Well , I don't either but it is possible.
The easy way to find out the truth is to find the drive or to have him under the polygraph.
6168  Bitcoin / Bitcoin Discussion / Re: List of Major Bitcoin Heists, Thefts, Hacks, Scams, and Losses on: November 30, 2013, 11:52:04 AM
PicoStocks claims it was hacked, including "cold" storage.
5800 BTC.
https://bitcointalk.org/index.php?topic=133147.msg3769061#msg3769061

Another one? How many were in November alone?
6169  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 30, 2013, 11:47:27 AM
I tried elsewhere with no result, so can someone here explain how this can happen -> https://blockchain.info/da/address/1CMMBYkiB3AVXbysaYuFEepSJTVRggFaNm

A friend sent 0.9 BTC to my brain wallet by scanning the QR code in my Blockchain wallet app. Exactly 10 sec later a transaction is made from my brain wallet to an address I cannot identify. As if it automatically forwarded the BTC's. What the heck can I do? It's quite a lot of money just laying on some random address now..


Brainwallet? If you have a easy password , it might be a bot who scans those addresses.
Also , low chance of getting them back.

Oh wait, bummer. It is not a brain wallet. For some reason I labelled the address "Brain Wallet" a long time ago, but it is not. It's a completely normal address in my wallet. So it does not have a specific password that differs from the rest of the addresses in my wallet, which still holds bitcoins. Only makes it weirder.

If we remove the possibility of collision , I'm afraid I have no clue on this.
You should post in the technical section ....edit - you did that.
6170  Economy / Games and rounds / Re: Goldentowns - I'll pay you to play, and, no, I will not scam you. More inside... on: November 30, 2013, 11:44:07 AM
Theres another guy who will give you 1.2 for the max amount!

There were three guys who were saying will give 10 time more , they all turned to be scammers.
6171  Bitcoin / Development & Technical Discussion / Re: Blocks are [not] full. What's the plan? on: November 30, 2013, 11:43:20 AM
Centralized systems requiring trust are
You are presenting a false choice. The choice is not "centralized systems" OR "everything in Bitcoin". There are many options to build non-centralized ways of settling payment on a decentralized Bitcoin— ilpirata79 linked to one such approach. A lack of care into the operating costs of Bitcoin nodes may result in Bitcoin itself becoming effectively centralized, which is an outcome which would make building a non-centeralized payment method on top of Bitcoin pointless or impossible.


The fear of bitcoin becoming centralized because of "heavy" nodes is imho completely unnecessary. The traffic and storage technology can be maintained by small groups, it is not like there will be "one big government node" in every country. It is more like having a node in every town.
Any system that requires a system on top of bitcoin for payments is a threat for bitcoin and it is not necessary. The basic, existing system of bitcoin allows to replace visa if it is adapted to a bigger volume.
Anything else will make Bitcoin complicated and I know I am repeating this, but one huge factor of bitcoin is, that I don't need an intermediary.
Keep Bitcoin simple, complicating systems unnecessarily has never been wise.

You know that visa offers some services that will never be replaced by bitcoin.
But visa might use bitcoin for those services.
6172  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 30, 2013, 11:41:16 AM

I did not realize rpietila suffers from a clinical illness.

Rpietila: Please accept my public apology. I hope you find effective treatment this time.

Fixed that.
6173  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 30, 2013, 11:40:07 AM
agreed with niothor.

This is just a reminder to those who might have forgotten or those who are new to bitcoin.



Now I have a psych agreeing with me that another person is a psycho Smiley))))))
6174  Other / Off-topic / Re: Claim your Bitcoin Rank of Nobility on: November 30, 2013, 11:37:39 AM
Hmm , it had to be!
How the hell  , can I say that my girlfriend is a count?
It's may be ok when typing but pronouncing =))))))))
6175  Bitcoin / Bitcoin Discussion / Re: Hey bitcoiner, how OLD are you? on: November 30, 2013, 11:35:03 AM
you should create a poll with age ranges. i'd be interested in learning more about the BTC demographics.. we had another thread with a poll of male to female ratio and it was 9:1, as in every 10 people there are 9 males here.. sample size was over 100 people.

my guess is that it's male, and disproportionate number of people under 30..

female male 1:9?
You wish!!!!!!!!!

It might be closer at 1:99.
6176  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 30, 2013, 11:32:18 AM
I tried elsewhere with no result, so can someone here explain how this can happen -> https://blockchain.info/da/address/1CMMBYkiB3AVXbysaYuFEepSJTVRggFaNm

A friend sent 0.9 BTC to my brain wallet by scanning the QR code in my Blockchain wallet app. Exactly 10 sec later a transaction is made from my brain wallet to an address I cannot identify. As if it automatically forwarded the BTC's. What the heck can I do? It's quite a lot of money just laying on some random address now..


Brainwallet? If you have a easy password , it might be a bot who scans those addresses.
Also , low chance of getting them back.
6177  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 30, 2013, 11:30:25 AM
Dude, enough, just man-up and accept the hit when you buy back in, some you win, some you lose.

OK, finally I got it. Everybody is just envious because I have $millions and they don't, and I did it in the very coordinated way that never risked the majority of the position, in fact at current prices the remainder of the position is already worth more than the whole of it before divestment.

When you cannot argue against operational excellence, you whine. No whiners will be invited to the inauguration ceremony of my castle, however.

Sorry to be so blunt about it but this seems to be the only realistic explanation for the whinery, am I not right?

You know , not everybody is envious of you.Not with your past!

Second as you may know since you started two topics around here , there are people with more bitcoin than you.
Also there are people with more money than you , even if your bits go over 10 000.

This bragging after a fwew weeks of real posts with essence makes me wonder if its time for a week of cold showers Wink


6178  Economy / Speculation / Re: 1% of offshore tax haven bank accounts in bitcoin = $2.8million/btc -trace mayer on: November 30, 2013, 11:25:18 AM
There isn't $30T in cash in off shore accounts.  there are $30T in ASSETS in offshore accounts.  Big difference.

Globally the entire M2 is roughly $25T, there is only ~$5T of M0 (currency).   However total global wealth (stocks, bonds, precious metals, property, patents, land, etc) is ~$240T.

Are you wikipedia or something?
I'm sometimes reading you post hunting for a mistake:)))))
6179  Bitcoin / Bitcoin Discussion / Re: What would you do "when" bitcoin hits 10,000......... on: November 30, 2013, 11:22:34 AM
My bank roll of .3 BTC seems really small. Have I missed the boat?

Can you swim ? Better try and go after it!! Smiley
6180  Economy / Speculation / Re: Final Price of bitcoin to stabilize at? on: November 30, 2013, 11:21:14 AM
The price will stabilize at the point where the "value created" by the Bitcoin network is equal to the costs of running the network.


Today, its very little BTC economic activity, and a whole lot of speculation going on.  Bubble tops usually don't last long.

The whole network can , and has run on a a few computers. And guess what , at that time the cost were higher that it's value Smiley)
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