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6281  Bitcoin / Bitcoin Discussion / Re: We are still the very, very early adopters on: November 25, 2014, 02:06:42 PM
People will stop using the Internet. It's going to zero.
6282  Economy / Trading Discussion / Re: Trading futures with 20x leverage... what a rush. on: November 25, 2014, 01:13:54 PM
I used to leverage at 10x on Bitcoinica.

It was later discovered that they actively manipulated the price to take advantage of people with such high leverage.

When looking at your trades, did the price move up to just within the realm where you were going to start making money...then shifted in the opposite direction to the point where your trade was lost (but just enough) before going back up again?
6283  Bitcoin / Bitcoin Discussion / Re: Do Bitcoins still excite you? on: November 25, 2014, 10:56:07 AM
I'm excited about being paid in bitcoins soon. Making it so I have to buy dollars if I want to spend those instead of the other way around.
6284  Bitcoin / Bitcoin Discussion / Re: Letter from a former bitcoin lover on: November 25, 2014, 10:00:21 AM
Sounds like you love something you do not understand.

Read the white paper, fall in love all over again.


Also this:

6285  Bitcoin / Bitcoin Discussion / Re: 5,000th post: How I use the Bitcoin blockchain for voting on: November 25, 2014, 09:55:50 AM
So the trust is on Bitpools operator, e.g., he can send some of his addresses to some users, steal fund, and deny accusation ?

Unfortunately there is a lot of trust put on BitPools when it comes to the vote right now. The address the senders use is controlled by BitPools, they then forward those funds on to the winning proposal. Though those funds are only held during the duration of the vote.

But just like any centralized business structure, stealing funds makes no business sense. Once the vote passes and the funds are not transferred, BitPools would no longer be trusted for further votes.

More security would come via multi-sig transactions or something like Mike Hearn's distributed project lighthouse. But I have found that the concept is complicated enough at the moment and adding much more security at this point is not necessary until large amounts of funds are being transferred.
6286  Other / Politics & Society / Re: The official "what about the roads?" thread on: November 25, 2014, 09:05:27 AM
If the government wasn't there, there wouldn't be any Federal Aviation Administration. People would develop air cars. Parking at some business and residential would be on roofs. Other could be accessed without roads. Roads would only be for bicycles and walkers, and emergency vehicles... which are often built to travel off-road anyway.

Smiley

When people were contemplating these things long ago, I think most figured flight would play a major role in transportation. But with the government subsidizing the roads, they essentially chose the winning technology to solve the transportation problem. Just like how wireless telephones were starting to come online in the 1930s but the government stepped in granting monopoly status to wired telephone technology (for the good of the people).

6287  Economy / Speculation / Re: 5 Tips for Successful Bitcoin Trading on: November 24, 2014, 08:41:45 PM

1. Do not invest more than you can afford to lose


Don't invest more into fiat than you can afford to lose
6288  Bitcoin / Bitcoin Discussion / Re: Another-auction-planned-for-bitcoins-seized-from-silk-road on: November 24, 2014, 03:45:19 PM

Another one? In addition to the one announced last week?


Like the date in the article.
6289  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 24, 2014, 03:18:32 PM

10,000 pages brought to you by:
BitPools.com(tm)*
*Patent Pending
Copyright 2014

6290  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 24, 2014, 02:55:02 PM


10,000 pages brought to you by:
BitPools.com(tm)*
*Patent Pending
Copyright 2014

6291  Economy / Speculation / Re: speculation section is dead on: November 24, 2014, 02:36:09 PM
Everyone is in the Wall thread in anticipation of 10,000 pages.




again
6292  Other / Politics & Society / Re: Blockupy? on: November 24, 2014, 01:58:08 PM
I don't go into Frankfurt to sell bitcoins anymore after getting stuck in traffic because of protesters.

So they are definitely interfering with Bitcoin.
6293  Other / Politics & Society / Re: This frozen chicken “had a rich, emotional life.” on: November 24, 2014, 01:55:57 PM
They are ok with using violence to get taxes. Why not use violence to get dinner on my plate?
6294  Bitcoin / Bitcoin Discussion / Re: Bitcoiners, Stop Worrying About Everything! on: November 24, 2014, 01:52:03 PM
American voters are bipolar too. One day they're like "Obama is great", then the next day they're like "Obama sucks!".

That American voter guy....so crazy.

Isn't that the same with any President/Prime Minster/Political Party though? Normally they say a lot of shit and promise the world to get into power, then when they do they either don't do it or get bogged down in regulations that they can't implement what they promised. Happens all the time.

The point is that when there is a large group of people in a group, pointing out different viewpoints expressed by members of that group at different times does not equate to "bi polar disorder".

A group cannot have multiple personality disorder if the group is made up of multiple personalities.

A group is not a single person. This should be obvious.
6295  Economy / Speculation / Re: speculation section is dead on: November 24, 2014, 01:43:46 PM
+4% in a day is boooorrrriiinnnggg

Call me when it's +40% in a day
6296  Bitcoin / Bitcoin Discussion / Re: Bitcoiners, Stop Worrying About Everything! on: November 24, 2014, 11:54:50 AM
American voters are bipolar too. One day they're like "Obama is great", then the next day they're like "Obama sucks!".

That American voter guy....so crazy.

What? That might consist of different people with different viewpoints? A whole group is not the same person? Huh!???!
6297  Bitcoin / Bitcoin Discussion / Re: What do regular people think about Bitcoin? Awesome video with funny responses. on: November 24, 2014, 11:14:50 AM
I would really like to know what % of people knew about it, because this clip just shows people who knew about it, obviously the people who didn't knew about it are not a part of clip but that understood , but even 20% of the people that are asked knew about it than we are heading in right direction.

It shows in the description that it was about 50/50
6298  Alternate cryptocurrencies / Altcoin Discussion / Re: What Don't You Like About Curecoin? on: November 24, 2014, 10:22:29 AM
Needs a logo of a meme.
6299  Alternate cryptocurrencies / Altcoin Discussion / Re: I wanna release a coin,but scrypt litecoin clone.would u be interested? on: November 24, 2014, 10:07:27 AM
Most altcoins are Litecoin clones. They are (mostly) scrypt-based with an animal logo, country theme, or a funny name.

But if you can combine animal logo and funny name...you're onto something.

Combine all three, and there is no stopping your awesome cloned coin.

I believe it was Mises who said that a currency is all about the logo and name. Or maybe it was Aristotle.

Whichever it was, someone with a -12 trust like the OP is the one to figure it out.
6300  Economy / Speculation / Re: when to invest? on: November 24, 2014, 09:22:48 AM
Do not invest in fiat more than you can afford to lose.
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