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641  Economy / Service Discussion / Re: Best Escrow service for selling a domain name? on: November 06, 2014, 05:40:56 AM

That site is going to charge some serious fees, so hopefully you're not selling a domain for just a few dollars.   Wink
I would say that most domain trades are a very bad deal for the buyer as there is almost never any real value being transferred to the buyer (I consider the name to hold no value)
642  Bitcoin / Bitcoin Discussion / Re: List of BIP38 Wallets, Sites & Code on: November 06, 2014, 05:39:37 AM
How secure is BIP38, would you feel comfortable encrypting a wallet with BIP38 and putting it all over the web?
You should never do this. However if your BIP38 wallet was circulated throught the internet for a short period of time, it would likely be safe for the time it would take for you to discover it is on the internet and to move your bitcoin to another wallet/address
643  Bitcoin / Bitcoin Discussion / Re: Petition for web wallets and exchanges to have official Tor hidden services on: November 06, 2014, 05:36:14 AM
Bitcoin over Tor isn't a good idea:

http://arxiv.org/pdf/1410.6079v1.pdf
This only discusses running a full node over tor, while the OP is advocating being able to connect to various exchanges without the risk of MITM attacks via tor. Assuming the exchanges would want to allow tor traffic, this is a very good idea as it is much more safe for both the user and the exchange 
644  Economy / Service Discussion / Re: Dell.com accepts Bitcoin..... but Dell.ca doesn't! on: November 06, 2014, 04:38:25 AM
The big corporations limit their locations that they accept Bitcoin until they're 100% sure about where they can and can't trade it, Overstock for example accepted it in the U.S and now they're moving to worldwide, it's all just because the laws are different in each country.

Canadian bitcoin laws aren't much different than US. if dell is scared of dealing bitcoin here then they are a bunch of panzies.

Canada is somewhat more strict then the US is in regards to bitcoin regulations. I think there would be very few situations when something would be illegal in Canada that is not illegal in the US, but I am sure there are examples.

I do however think this is likely some kind of glitch or oversight on dell's part. I think it would be more effective to notify them via social media as the "higher ups" are more likely to see what is happening in social media then what is happening in the webs chats
645  Bitcoin / Bitcoin Discussion / Re: Who's brave/stupid enough to invest their life savings into Bitcoin? on: November 06, 2014, 04:35:47 AM
There is a golden rule to live by: never invest what you cannot afford to lose.
FOLLOW IT.

This ^^ a million times over!

Let's say you are cannot afford to lose any of your savings so you don't invest anything then you have all your savings in fiat currency, investing in a currency that will lose its value over time
Your logic is flawed. The value of fiat savings actually generally will increase over time even though the principle will experience inflation as both investment returns and interest on bank savings generally will be greater then inflation.

No your logic is flawed. Having fiat is one type of investment where if state fails so does your fiat.
Investing in a bank is another type of risk. The reason you get the 1% from the bank is beause of the risk that the bank goes bankrupt is about 1% per year.

When you put money in a bank its a double investment as you will lose money if either the bank or the fiat loses value.

Fiat savings will get smaller purchase power with time as the state will print more money, this is money 101 really.
If you invest in a US bank then this logic holds up. It is generally accepted that the US is not going to fail. Also the US has FDIC insurance that protects depositors from bank failures
646  Alternate cryptocurrencies / Altcoin Discussion / Re: PoS is far inferior to PoW - why are so many people advocating switching to PoS on: November 06, 2014, 04:21:37 AM
If you reverse PoS and PoW in your post, then your post would be 100% accurate and correct Smiley
Doesn't it cost nothing to attack a PoS coin? While you must use actual resources to attempt to attack a PoW coin?
647  Economy / Economics / Re: Will there ever be another crypto boom similar to BTC in my lifetime? on: October 28, 2014, 10:39:35 PM
If BTC will fail, it will be very hard for people to trust again on alts.

On the contrary, the death of BTC would free the alt market.

I don't think the altcoin market would be able to thrive without the help of bitcoin.

The fact that bitcoin has been so successful in such a short period is the reason why there is such a demand for the shitty altcoins
648  Bitcoin / Mining speculation / Re: What can I use Bitcoin miners for other than mining? on: October 22, 2014, 12:28:10 AM
If you don't need your Bitcoin Miner, you can sell it for a better price.
Something is better than nothing actually.

Agree, the price on ebay is ridiculously higher then market price for some reason.
649  Other / Off-topic / Re: Post your Total time logged into Bitcointalk on: October 22, 2014, 12:20:58 AM
Total time logged in: 12 hours and 2 minutes.
650  Economy / Economics / Re: Will there ever be another crypto boom similar to BTC in my lifetime? on: October 22, 2014, 12:20:04 AM
Sorry this was it. We're all millionaires, and you're not.
i love this post  Cheesy

A lot of bitcoin millionaires in end-2013 must be regretting not selling out.   Grin

There is no bitcoin millionaires, there are lots of  few 1000 BTC holders, some few 10k BTC holders and few few 100k BTC holders. No millionaires.

Satoshi should be the only bitcoin millionaires.
651  Economy / Gambling / Re: Get 2X bitcoin on your invest on: October 22, 2014, 12:16:20 AM
Sounds like a ponzi scheme, not risking my BTC..
652  Other / Off-topic / Re: What YouTube video are you watching now? on: October 22, 2014, 12:14:52 AM
Funny 2014

http://www.youtube.com/watch?v=D80ApEPLNHM
653  Economy / Services / Re: Looking for bitcoin miners on: October 22, 2014, 12:13:13 AM
Some information regarding the data center would be good, like website?
654  Other / Off-topic / Re: I feel i need to get rid of my money on: October 22, 2014, 12:07:47 AM
I still think he isn't serious.

Me too, nobody would give money away like that for no reason

Agree, he would be homeless if it is...
655  Other / Beginners & Help / Re: Island Forge mmorpg on: October 22, 2014, 12:07:01 AM
^ It's incredible that people here can't read 1 post up to find the answer to their questions! xD

It is people dreaming of getting paid for playing games.

This game allows YOU to pay them in BTC it appears.  You will not make money playing it.

Thanks for the explanation, saved my time..
656  Other / Beginners & Help / Re: Online or Desktop Wallet? on: October 22, 2014, 12:06:28 AM
Have been using online wallet and no problem so far..
657  Other / Off-topic / Re: What Song are you Listening To? on: October 22, 2014, 12:05:33 AM
Al Green - Lets Get Together
658  Economy / Speculation / Re: See $10,000 BTC or 1 Million Users on Bitcointalk first? on: October 22, 2014, 12:04:32 AM
1M subs would be first.

One drives the other.


2014 has seen an uptick in subs, but a sharp decline in btc price

what type of driving were you talking about, away?

Many new subscribers go straight to the alt-coin section, and there's certainly been no shortage of alts in 2014.

Everybody missed the BTC boat so alt-coin is a good bet.
659  Economy / Speculation / Re: Bearwhale, again on: October 22, 2014, 12:03:54 AM
- Who would be crazy enough to send 30K coins to an exchange? After all the countless hacks and losses? No one.

Conclusion: the coins belonged to Bitstamp or some close to Bitstamp.

- Why would anyone sell now, at the low? Bears had all year to sell. They had plenty of opportunity to sell at higher prices. HODLers don't sell -- they just buy "cheap" coins.

There is no reason to sell now, unless you have to. No one "has to" sell 30K coins.

Conclusion: The coins were not sold. The seller bought all or most of the coins.

- If both of the above are true, then why?

Generate excitement / more trading volume / more commissions? Create a bullish setup -- "we just defeated the bearwhale, go bulls!"? Why else?

- There are a lot of crazy people in bitcoin.
- There is no guarantee that this is the low.


+2

+3. No better time to offload ahuge stack of btc than during downtrend. Not for top dollar, but for ease of finding the demand for them.

+4. No wonder price is going lower and lower..
660  Economy / Service Discussion / Re: What can you say about Cloud Mining? on: October 21, 2014, 02:04:34 AM
IS there any ROi with cloud possible ?
Try cloud GH's that charge no more than a 30% maintenance fee (equivalent to 0.12 kWh) and hold on for 365 days and you will ROI. If you want a quick ROI then buy your own hardware.
Not really. You don't have to look far to find people who got ROI after 3 months of cloud mining. But it already happened, and may not happen again Wink

Can you show some math behind this?  I cant think of any cloud services that ROI in 3 months is normal.

Right now, many people claim that LTCGear ROI in 2 months. But I won't want to risk my money..
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