Bitcoin Forum
July 08, 2024, 03:02:09 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 [313] 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 »
6241  Other / Politics & Society / Re: On African Poverty and Oil on: November 28, 2013, 09:52:45 AM
First i would like to point that ( money, oil, minerals....) never has a God but mutual interests so it's never about religious.
as already stated you know that most of the oil share there is for China (who is a major player in Africa) so why would the USA even gets in the way? after selling all mining fields rights 20-30 years ago.
did you spend more time to look at the type and quality of their oil?workabilty for the usa?
you can always dig a new pipe line but it have to returns its value and plus not just for what you mentioned.

http://en.wikipedia.org/wiki/2010_Jos_riots
It doesn't matter what resources you have on that land if the people out there are killing each other for , what i can stupid reasons.
It creates nothing but instability and no one is crazy enough to invest in something long term in those regions.

Also , about the Chinese:

In March 2013, Xi Jinping visited three African countries – Tanzania, South Africa, and Republic of the Congo – during his first trip abroad as the President of China. In 2012 alone, more than 2,000 Chinese companies have invested a total of US$20 billion. Increasing interaction between African countries and China seem to paint a rosy picture of the relationship, but the recent crackdown by the Ghanaian government on illegal gold miners, which resulted in the arrests of 124 Chinese workers in Ghana, has raised some red flags. As of June 7, five days after the crackdown, negotiations are still continuing in the hopes of resolving the crisis, according to the Embassy of China in Ghana.

This is not the first time Chinese gold miners in Ghana have faced the imminent threat of being detained, beaten, shot, or even killed. In October 2012, a 16-year-old boy was shot to death while fleeing from armed security forces in the gold-rich Ashanti region. During that operation against illegal miners, more than 100 Chinese citizens were arrested. In the last few days, pictures sent from Chinese nationals, either arrested or still hiding out in the woods, are full of gory details and convey a sense of desperation.

- See more at: http://www.tealeafnation.com/2013/06/despite-risks-chinese-miners-go-west-to-ghanas-gold-mines/#sthash.Imz4kQRS.dpuf

It's a war zone there and nothing good will came out of it.
And when the mines are empty......
6242  Economy / Games and rounds / Re: Play straight from browser - Get Paid to Play - Play/Signup Bonus - UPTO 1.74BTC on: November 28, 2013, 09:35:27 AM
Well , you're getting rather good at it. Nice town for a level 5.
6243  Bitcoin / Hardware / Re: HashFast announces specs for new ASIC: 400GH/s on: November 28, 2013, 09:28:41 AM

What exactly is being promoted here? Is there a product available? Maybe less time making videos and more time making products would be a good idea...at least for your customers.

They took the idea from Levi's
http://www.youtube.com/watch?v=CCzsEgUcWfU
When the video has nothing to do with the product reality in their case.
Or even better , digital related:
http://www.youtube.com/watch?v=PZ0ur5GKC0w
6244  Economy / Speculation / Re: Now that we reached the moon, at what amount do we reach mars? on: November 27, 2013, 10:46:35 PM

Let me know when we exit this damn galaxy. We need a new one , I'm already bored with this.
You're a confusing fellow.  In half your threads your talking trash and downplaying Bitcoin.  In the other half, you're chiming in with all the speculators.

Because I know bitcoin it's something for the future but it has problems.
There is no such thing as perfection in the world of humans.

Price is exploding , whahooo
Usage , is it ? nope (check the blockchain)
Both are facts you can't deny.
I'm happy getting rich but i'm no idiot thinking we will reach utopia through bitcoin.
6245  Economy / Speculation / Re: Now that we reached the moon, at what amount do we reach mars? on: November 27, 2013, 10:43:38 PM
And why Mars?
Nobody want's to go to Venus?
6246  Bitcoin / Mining speculation / Re: Can anyone explain the ridiculous bids on mining contracts on ebay? on: November 27, 2013, 10:24:39 PM
I see that many people bid like $10 on a 2Ghs mining contract for 24 hours on ebay.. (which is equivalent to BTC0.0017) Can anyone explain this? I don't believe that they are just stupid and throw away their money without knowing what the return value will be..

You don't believe?
Then my brother welcome to the believer world.
There are so many suckers in this world , so many greedy people you never imagined.



6247  Bitcoin / Mining / Re: Misleading electricity costs on blockchain.info on: November 27, 2013, 10:21:54 PM
They are too lazy to change the graph , or rather to delete it.
Anyhow the cost are average , nobody knows how efficient , how many and at what electricity cost the new asics run.

There is so much difference between the new miners like knc and the old ones it'a  a pain in the ass to calculate this.
6248  Economy / Economics / Re: How to fix bitcoin on: November 27, 2013, 10:16:00 PM
When you try to fix something that is not broken you end up damaging it beyond repair.
6249  Economy / Games and rounds / Re: GoldenTowns.com - Get Paid to Play - Signup/play Bonus - UP TO 1.12 FREE BTC on: November 27, 2013, 10:09:19 PM
Any way to transfer all resources ( meat , wood, etc ) from one user to other ?

If so how to do them ?

Not really, but if u want to be a pain in the op's neck, use em to make troops and send em after his town.

@pokerjet
what happend to this?

it smells like scam, so many people waiting for reciev their bonus,very strange thing.

Again F--- OFF (sorry but I had to blow somewhere)... OP stated SPECIFICALLY
A ) Where he was going
B ) WHY HE WAS GOING
C ) WHEN HE RETURN
D ) WHEN PAYMENTS WOULD RESUME

If you just want to troll, then F - OFF...

that is all

I know i'm rubbing some salt in some wounds but those A B C D  really pissed me at that time
6250  Bitcoin / Bitcoin Discussion / Re: Bitcoin halving, does it have to be like this? on: November 27, 2013, 05:43:10 PM
If we start changing the rules , one thing could lead to another.
Bitcoin is a success based on how it is designed and the protocol rules.
If we change the rewards or the timing , the next step will be chaos.
6251  Other / Beginners & Help / Re: Who Does not yet use Cryptsy? on: November 27, 2013, 05:27:45 PM
Hey, A must for every cryptocurrency trader is https://www.cryptsy.com/users/register?refid=19664 . Her you can trade your LTC, BTC and XPM's for almost every alternative currency!

its really nice if you'd like to be an early adopter of new cryptocurrencies, the period in which the profitpotential is by far the highest!

How about you erase the referral link? Cheesy
6252  Other / Beginners & Help / Re: Why stop at 21 million? on: November 27, 2013, 05:26:19 PM
That would be as if America just started printing out more bills. It would simply lower the value of their bills.

Isn't that what we're doing?

Okay, grumble grumble, you guys have convinced me. Bad idea. So in the future my whole net worth may not even be one decimal point? Sobering thought.

Thanks guys!

russell


Your net worth measured in tons of gold is unlikely to be more than a fraction.  It hasn't stopped people from buying much smaller gold coins.

All money, all units are arbitrary.  Money has to be scarce or it doesn't work.  

Commodity based money attempts to constrain the supply by a scarce resource.
Fiat based money attempts to constrain the supply based on the whims of a cartel of bankers.
Crypto based money attempts to constrain the supply based on math and logic.

As for why can't we change Bitcoin.  Well 42M BTC would work equally well, so would 1000 quintillion BTC.  Bitcoin however is a consensus system.  Participation is voluntary.  The rules are known in advance.  This creates a social contract.  People who have chosen to use Bitcoin have chosen to do so under the premise that the rules won't be changed.  Bitcoin makes it nearly impossible to change the rules and as such rules that don't need to be changed probably never will.  To change the money supply, rate of minting, or the irreversibility of transactions (to include confiscating "lost" coins) would break the social contract.  It probably would kill Bitcoin.  If you can change one rule you can change them all. 

+1 For the post but..
Why did you say "probably would kill Bitcoin". I think that once we start printing or mining or god know what term I should use more bitcoins than the original 21 planned it will be a 101% chance of failure of the entire system.
6253  Other / Beginners & Help / Re: Why stop at 21 million? on: November 27, 2013, 05:24:00 PM
That would be as if America just started printing out more bills. It would simply lower the value of their bills.

Isn't that what we're doing?

Okay, grumble grumble, you guys have convinced me. Bad idea. So in the future my whole net worth may not even be one decimal point? Sobering thought.

Thanks guys!

russell


Do you now have a decimal point of all the bills running around or getting printed?
With a bitcoin economy at least you will now I have right this 0.00045% of it , and nothing can change that.
6254  Bitcoin / Hardware / Re: HashFast announces specs for new ASIC: 400GH/s on: November 27, 2013, 05:21:23 PM
Fair enough. I'm just pretty sour on the whole mining scene right now.

HashFast was going to be my 4th bad choice when choosing mining gear.
And if it weren't for my shitty ISP leaving me without internet access that day I would have done it again.
6255  Economy / Service Discussion / Re: Question about BitPay on: November 27, 2013, 05:18:40 PM
Where is BitPay based? The US?

Headquarters
BitPay, Inc.
3423 Piedmont Rd NE
Suite 516
Atlanta, GA 30305
1-855-4-BITPAY
6256  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 27, 2013, 05:16:10 PM


You are beyond help.  Huh

Isn't it nice to say it yourself to others once in a while? =))))))))
6257  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 27, 2013, 05:15:02 PM
I always think he's gonna get run over.
Yeah
The first time I saw that picture I thought it's a funny .gif and the train will come back and run him over!
6258  Bitcoin / Hardware / Re: HashFast announces specs for new ASIC: 400GH/s on: November 27, 2013, 05:12:55 PM
Well at least this has taught me a lesson.  Never spend bitcoin while drunk. on HashFast mining hardware.

FTFY. :-p
FTFY. :-p
6259  Bitcoin / Bitcoin Discussion / Re: Satoshi: The first anonymous USD Billionair on: November 27, 2013, 05:11:13 PM
The dude could have be holed up in his parents basement, wearing dirty underwear and popping pills.  Truly amazing they have managed to amass so much wealth and their identity remains not publicly known.  That fact alone is a testament to the power of Bitcoin and an example of one of the many ways in which it is going to change the world.

You know , this doesn't sound too good , or even funny considering we're talking about a guy who did all this with good intention.
6260  Bitcoin / Bitcoin Discussion / Re: bitflag.org -- in honor of today's historic moment! on: November 27, 2013, 05:09:20 PM
feels like an accomplishment, even though I didnt do all that much!
back slaps all round Grin

Well , I didn't do anything also , but it helped the cause a lot.
I DIDN'T SELL!!! Cheesy
Pages: « 1 ... 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 [313] 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!