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6281  Economy / Services / Re: Renting out sig- SR. member with 1000+ Posts, on: October 27, 2014, 03:08:59 PM
Just go with PRCDice or FortuneJack. They still have available slots.

They both allow to put the referral links, so there's a chance you could capitalise on your activity
6282  Economy / Services / Re: Need partner in UK on: October 27, 2014, 03:03:52 PM
need send natinal bank transfer UK to my partners. but need your photo with id and card and access online bank. i want proof that it your bank account

Lol. You can do better than that. Think you'll have more chance to succeed with the Nigerian Prince move
6283  Alternate cryptocurrencies / Altcoin Discussion / Re: When will it catch on? on: October 27, 2014, 02:47:44 PM
If you are paying for a new product several thousand percent above what it cost to make it, you get ripped off, no if's no buts.

How do you estimate 'production cost' for intangible/digital assets?

Also, all the shitcoins seem to be in decline. The total market cap of the bottom 100 won't buy you a half of Corolla.
6284  Bitcoin / Bitcoin Discussion / Re: Japan is officially a Bitcoin friendly country on: October 27, 2014, 02:25:29 PM
The Korean board has 599 posts and the Japanese board only 91 posts.  Chinese board has 242671 posts. Is there any reason why it is more popular in China?

Interesting observation. I think we should ask our fellow japanese and korean bitcoiners. Maybe bitcoin isn't trendy over there yet  Tongue

The post count doesn't necessarily reflect popularity. There's no separate UK board, but there's plenty of Brits on btctalk, may be similar case for Japanese, if they're English is decent, they'd probably be active in the main forum. Or maybe they have other, more popular BTC forum in Japan.
6285  Other / Beginners & Help / Re: Free Online Bitcoin Course by Draper University on: October 27, 2014, 02:05:02 PM
...The only downside is that the course is a bit too long for newbies trying to briefly understand bitcoin. Smiley

Yes, don't think anyone will complete it in one go. But since it's divided in 63 short lectures, you can pick only the ones you're interested in.
So, whether you want to learn only the very basics or bit more than that, you have it all in one place.
6286  Other / Beginners & Help / Free Online Bitcoin Course by Draper University on: October 26, 2014, 08:52:50 PM
The Bitcoin Course
 Learn the fundamentals of Bitcoin from a predominantly non-technical perspective

"This course is for everyone! If you're interested in learning the basics of Bitcoin and why it's so exciting, this course is right for you."
7 hours of content, divided in 7 sections and 63 lectures.

https://www.udemy.com/the-bitcoin-course/



6287  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DOGE] Dogecoin - very currency many coin - v1.8 Required Update on: October 26, 2014, 08:42:07 PM
DogeKing hacked:

https://dogeking.com/



Guess that leaves dogedice.me and prcDice.eu as the only sites where you can invest DOGE (don't know of any others)
6288  Bitcoin / Bitcoin Discussion / First (?) Hospital to accept bitcoin on: October 26, 2014, 08:14:50 PM
This Polish Hospital Will Let Patients Settle Bills With Bitcoin

http://www.coindesk.com/patients-can-pay-surgery-polish-hospital-bitcoin/


Quote
A private hospital in Warsaw, Poland, which is run by the Medicover Group, will soon let patients pay their bills in bitcoin. A bitcoin ATM planned to be launched at the facility in the near future should make that process even easier.

6289  Other / Politics & Society / Re: 'Banks to abandon paper money soon' on: October 26, 2014, 02:33:35 PM

Basically in Bitcoin terms, they're about to create a centralised altcoin that they have 100% pre-mined and it has no difficulty, proof of work or proof of stake whatsoever.

It's even worse than that. 100% would mean there's a fixed cap, but there isn't any, and there's no fixed new-money creation model.
6290  Economy / Services / Re: PRCDice.eu - Signature campaign + Affiliate Program on: October 26, 2014, 01:08:41 PM
Payment received. Thanks
6291  Bitcoin / Bitcoin Discussion / Re: A difference of opinions at the Bitcoin Foundation regarding the XBT proposal? on: October 24, 2014, 07:49:30 PM
Does anyone has actual knowledge regarding ISO application?
Do we know for sure that it is possible?
Who will prepare/submit the application? Bitcoin Foundation?

Also, how does the approval process work? Is it:

1) There are very specific criteria, if those are met - application is automatically approved' or
2) Approval/decline is solely an ISO's decission (even if criteria are met, they can reject the application)?


In either case, if the criteria are currently met (such as Bloomberg/Reuters reporting, exchanges, international payments and recognition) - these are met by the bitcoin in it's present shape (8 decimals), not by 'bits' or bitcoin=100 satoshis.

I can't imagine ISO approving application for XBT=bitcoin=100 sat based on multiple factors, including Bloomberg reporting on bitcoin, while Bloomberg reports on bitcoin being 100,000,000 sat.

Seems to me that forcing the denomination idea can jeopardise the application.

If you want XBT= bit or bitcoin=100 sat, isn't the correct way of action first to make everyone switch to 'bits' and then apply for the ISO code?
6292  Bitcoin / Bitcoin Discussion / Re: A difference of opinions at the Bitcoin Foundation regarding the XBT proposal? on: October 24, 2014, 05:42:29 PM
It may be useful to quote Jon Matonis' comment from that article. He has some solid points:

Quote
Thank you all for engaging on this important topic. When it comes to XBT and where to set the decimal, I don't think there is a right or wrong answer --- it's a matter of perception and
managing trade-offs and people will sit at different places along that spectrum.

So, here are my detailed reasons for maintaining XBT as a one full bitcoin (1.00000000):

a) We get one shot at setting XBT and minor units within the ISO standards body, so we should not base a plan around what makes "visual" sense at the time (Zimbabwe did not keep going to the ISO for re-pegging as they massively added zeroes. If gold goes to $10,000 per ounce would you recommend adjusting base unit to grams?);

b) The white paper from Satoshi references 21 million as a finite limit for bitcoin issuance. Although he entertains adjusting commas and decimal displays in his post, the public perception and the 21 million limit has taken on a greater importance with the financial world than initially realized. Changing it now would undermine those perception gains. Moving the decimal point to bits would change the finite limit to 21 trillion "bits" or 2.1 quadrillion "satoshis" definitely not inspiring to the economic notion of scarcity (CNBC TV quacks will say the new limit for bitcoin is now 21 trillion!);

c) For better or worse, pricing in currency units implies relative scarcity of that unit. Italy was constantly ridiculed when it required 2,000,000 lira to purchase an everyday household item. They are not the only example. Sure, a newbie can acquire more bits, but it trivializes
the pricing mechanism;

d) XBT is already quoted as 1.00000000 on respected forex sites, such as XE.com, Bloomberg, Reuters Eikon, and CNN. Even Oanda.com quotes it this way although they still use BTC. Moving to a "bits" expression would start to make bitcoin (XBT) a joke currency like Dogecoin;

e) Some will say it's just as a display. But the ISO decimal setting will be more than a display --- it will be the default in the legacy financial world. Instead of changing that default in the reference implementation and instead of changing 1XBT = 1.00000000, I recommend
all other wallets/apps select their preferred display, of which there will be many.
6293  Bitcoin / Bitcoin Discussion / Re: Japan is officially a Bitcoin friendly country on: October 24, 2014, 09:16:23 AM
So that Liberal Democratic Party is the government in Japan? Can they actually pass a law/regulation?


It's a leading/ruling party. If they have majority in the parliament (of voting power) then yes.
6294  Bitcoin / Bitcoin Discussion / Japan is officially a Bitcoin friendly country on: October 24, 2014, 08:21:16 AM
Some good news from Japan:

https://www.cryptocoinsnews.com/japan-wants-bitcoin-friendly-country/

Quote
What Japan deems fit in Bitcoin’s case is to allow it to be regulated from within, without direct government influence or oversight. Japan seems to have recognized Bitcoin’s unlimited financial and technological potential, and has confidently asked Bitcoin community members to form a self-regulatory authority. It will be called the Japan Authority of Digital Assets (JADA). JADA is supported by Liberal Democratic Party of Japan (LDP)’s IT committee. There is no proposed Japanese government regulation of JADA. Membership includes the Kraken Exchange.

reuters:

http://www.reuters.com/article/2014/06/19/uk-japan-bitcoin-idUSKBN0EU0JA20140619
6295  Other / Politics & Society / Re: 'Banks to abandon paper money soon' on: October 23, 2014, 08:57:48 PM
Bitcoin is like digital cash. If there's no physical money and you can only pay with credit card or payment systems connected to your bank account (so fully traceable), then demand for bitcoin could be huge. It could be main (if not the only) way to make/accept payments for those without bank account, those who don't want to fully rely on their bankers and those who want their financial activity to remain anonymous (for whatever reason).

I want to be optimistic, but I don't believe that bitcoin will become more sucesfull from one day to anoter. The general population needs time to understand and accept bitcoin's advantages. Most people see digitalization of payments through credit cards as a positive thing. We don't, I'm pretty sure most people here strongly believe that bitcoin is by far a better alternative to credit cards for money tranfering transactions. But good luck educating others.

True. But in the theoretical scenario, when there's no cash money, lots of people will be actively looking for alternatives. So no need to convince or educate anyone, they'll do it themselves (sort of like Mr Bitcoin from 'Rise and rise of bitcoin', who managed to "lern the geek stuff").

And I don't see anything wrong with digitalisation of payments through cc, as long as you're able to use alternatives, such as cash or bitcoin.
6296  Other / Politics & Society / Re: 'Banks to abandon paper money soon' on: October 23, 2014, 08:47:43 PM
READ THE FIRST POST
I already stated that.

My comment is not directed at you, but other comments which seemed to think Denmark will not be using note and coins any longer.

OK. Sorry.
6297  Other / Politics & Society / Re: 'Banks to abandon paper money soon' on: October 23, 2014, 06:49:00 PM
READ THE ARTICLE!

The spokesperson said they will stop printing fiat themselves, but will outsource any printing of new notes. So, they are not completely relying on electronic money.

READ THE FIRST POST

I already stated that.

Article itself is not very detailed tho.
6298  Bitcoin / Bitcoin Discussion / Re: $5000 per coin will never happen if PoW mining is allowed to continue on: October 23, 2014, 04:17:33 PM

Of course not, that is just a transaction in Bitcoin.

PoW mining on the other hand, by nature will transfer value out of an eco-system. They use hash rate to process transactions, and obtain transaction fee (and possibly
new coins), then they sell these back to the eco-system. So basically, the eco-system is paying a fee for them to process transactions, and also possibly create new coins.
Then the miners use these fee to buy hardware, pay electricity bill, pay pool fee etc... These are money permanently transferred out of the eco-system.

What if they sell to the 'new' people (outside the "eco-system" whatever that is)? Or if they sell to existing bitcoinholders who then sell back 'outside'? Why did you assume that entire $500m is paid by eco-system? That would only be true assuming that bitcoin doesn't expand at all.
6299  Bitcoin / Bitcoin Discussion / Re: $5000 per coin will never happen if PoW mining is allowed to continue on: October 23, 2014, 04:10:17 PM
No mining incentive; no miners; no network security; no bitcoin.

OP doesn't understand how this technology works.

He's preparing the ground to jump out with the "lets switch to PoS" idea.
6300  Bitcoin / Bitcoin Discussion / Re: $5000 per coin will never happen if PoW mining is allowed to continue on: October 23, 2014, 04:05:14 PM
PoW mining currently transfers $500 million USD worth of wealth out of the Bitcoin eco-system, into the pockets of pools/miners/asic hardware vendor/electricity company.


What do you mean?

If person A sells BTC to person B, are the money (USD) coming in or out the "bitcoin eco-system"?
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