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641  Other / Beginners & Help / Re: Any counter-proof that Satoshi Nakamoto did not design a ponzi scheme on purpose on: March 25, 2013, 08:07:48 PM
Where is the profit of Bitcoin?

Profit...Prophet...get it *buh dum, tish*



I like it.

Pope Satoshi!
642  Other / Beginners & Help / Re: Any counter-proof that Satoshi Nakamoto did not design a ponzi scheme on purpose on: March 25, 2013, 07:53:53 PM
Proof: Speculation ≠ Ponzi.

Excellent point.

Were people calling gold, silver, and google stock ponzi schemes while their values sky rocketed?

Gold, silver, and google aren't/weren't 100 to 200 times their floor value.

http://www.nma.org/pdf/gold/his_gold_prices.pdf

18->1800 seems about 100x the value.

http://en.wikipedia.org/wiki/Silver_as_an_investment

silver from .34 to over 30 is about 100x as well.

SCAMS!
643  Other / Beginners & Help / Re: Any counter-proof that Satoshi Nakamoto did not design a ponzi scheme on purpose on: March 25, 2013, 07:28:05 PM
Proof: Speculation ≠ Ponzi.

Excellent point.

Were people calling gold, silver, and google stock ponzi schemes while their values sky rocketed?
644  Other / Beginners & Help / Re: Any counter-proof that Satoshi Nakamoto did not design a ponzi scheme on purpose on: March 25, 2013, 04:22:03 PM
BTC can potentially serve great utility.

IMO already has great utility.
645  Bitcoin / Development & Technical Discussion / Re: Vanitygen: Vanity bitcoin address generator/miner [v0.22] on: March 25, 2013, 02:25:35 PM
But you guys have numbers mixed in too.

Make it ALL lower or upper only, with just the leading one Smiley

https://bitcointalk.org/index.php?topic=90982.0

There is an all uppercase address, and I have these two

1odfsrirfbxtwjoviseqdnuixwvhsnPbJ       (longest lowercase prefix - owner: wtfvanity)
19279281759997344NJ2KMcdRZNVT5rHhq      (longest digit-only prefix  - owner: wtfvanity)

646  Economy / Securities / Re: S.DICE - SatoshiDICE 100% Dividend-Paying Asset on MPEx on: March 22, 2013, 07:51:48 PM
What "say 0.038" are you on about?

Quote
<assbot> [MPEX:S.DICE] 1D: 0.00320003 / 0.00433909 / 0.00559697 (56642 shares, 245.78 BTC), 7D: 0.00320003 / 0.00449755 / 0.0058822 (343788 shares, 1,546.21 BTC), 30D: 0.00300001 / 0.00587057 / 0.00673999 (2388432 shares, 14,021.48 BTC)

It is valued at 0.043 on the day's average (56k shares) or 0.0058 on the month's average (2.4mn shares).

What 0.043 are you on about?  Wink

I lost a zero because it looked like a donut and I ated it.  Undecided

Basic math was never really one of the forums strong points.
647  Economy / Securities / Re: S.DICE - SatoshiDICE 100% Dividend-Paying Asset on MPEx on: March 22, 2013, 04:42:28 PM
Are you counting since the ipo at 0.0064? It is valued now at say 0.038, so indeed that is about -40%.

I have the impression more has been bought than 1-2k btc volume. I estimate Havelock alone has bought more on mpex since the ipo of 0.0064 ?

What "IPO of 0.0064" are you on about? The asset page is here. Did you happen to ever look at it? Says quite clearly

Quote
(b)Based on their knowledge of the company and its assets, as well as on evaluation of market demand, current profitability and projected evolution, the representatives of SatoshiDice have elected to offer in this IPO a total of 10`000`000 (ten million) shares, as follows : one block of 2`000`000 (two million) shares at a price of 0.0032 BTC each ; one block of 5`000`000 (five million) shares at a price of 0.0034 BTC each ; one block of 3`000`000 (three million) shares at a price of 0.0037 BTC each.

What "say 0.038" are you on about?

Quote
<assbot> [MPEX:S.DICE] 1D: 0.00320003 / 0.00433909 / 0.00559697 (56642 shares, 245.78 BTC), 7D: 0.00320003 / 0.00449755 / 0.0058822 (343788 shares, 1,546.21 BTC), 30D: 0.00300001 / 0.00587057 / 0.00673999 (2388432 shares, 14,021.48 BTC)

It is valued at 0.043 on the day's average (56k shares) or 0.0058 on the month's average (2.4mn shares).

When I say "40% off its peak" I mean exactly that: off its peak. Highest it ever traded was something like 0.0075.

How much capital does sdice have for that currently?

If you go by how much was actually raised so far through selling shares, about 50k BTC. If you go by how much could be raised by selling more shares who knows, probably a degree of magnitude more than that. There's another 60-70k that the site produced as total net revenue so far.

In other words: some guy winning half a million dollars on a lucky spin does not make a dent. There's fewer than half a dozen corps in Bitcoin that can make this sort of payout, and S.DICE is one of them. This is a big deal.

Basic math was never really one of the forums strong points.
648  Economy / Speculation / Re: Confused About Coinlab Plan on: March 22, 2013, 04:24:14 PM
Some of the API's aren't working directly from MtGox this morning.

And if you send coinlab an email, they don't respond. Would be nice to know WTF is going on... this whole thing is probably holding the marketing back from sky rocketing. Maybe they are doing that on purpose to purchase more coins at a lower rate.
649  Economy / Scam Accusations / Re: Lightning miner ! 4ghs 80 usd Wow on: March 21, 2013, 08:06:06 PM
For those curious, I ordered some of these on the small chance they were legit since I knew I could just dispute the charge if it was a scam. Today when I went to dispute the charge I learned that they never charged my account and instead issued a REFUND. I called the credit card company and they were confused and said as of now they have GIVEN me $$ since there was no initial charge and only the refund. I assume this will be corrected but that it was interesting Tongue

lol. Close your account. You can use it to pay those that actually got scammed.
650  Other / Politics & Society / Re: Social security is the govs way of saying you are too stupid to save your own $$ on: March 21, 2013, 08:04:56 PM
The whole idea of social security appalls me. The idea that they take some of our money to save it for us. And in reality they just go and dip into those funds to spend at will. It's stupid.

The rest of the thread seems to be going OT.

I agree partially with the OP though, but think of it different. It's not just stupid, it's a Ponzi scheme. The first recipients never paid into it. The younger generations pay for the previous workers. That worked great when we had baby boomers in the work force. Now, the ponzi scheme is collapsing.
651  Economy / Securities / Re: S.DICE - SatoshiDICE 100% Dividend-Paying Asset on MPEx on: March 21, 2013, 06:49:28 PM
less than 1?

Yes. Less than one = Lucky number 0

I think they were pointing out that it is "less than 1" not "less then 1". This is bitcointalk. Anyone is encouraged to spell there their they're, you're your, then than incorrectly as much as possible.
652  Economy / Services / [WTS] Carbon Credits and Tree Plantings for Sale on: March 21, 2013, 04:35:15 PM
1 Ton carbon credit,

1 Tree planted

Please give me 48 hours to get your certificate for the credit being retired. You can use one of the million carbon credit calculators out there, an average individual has a foot print of about 20 tons a year toss on vehicles or any other terrible things like commercial flying. I can do packages of 50 or more credits at a 10% discount. Message me for a quote.

Trees are planted by a third party, you will receive a certificate and for the trees. Projects are grouped seasonally and the trees may not be planted for up to 6 months. Trees are used for reforestation projects and groundwater improvement projects. Many times the projects also include tree cover restoration that improve erosion and provide flood control where deforestation has taken place.

Certificate is a PDF suitable for printing. Please add   for a printed certificate delivered in the US.
653  Bitcoin / Press / Re: 2013-03-20 Al Gore: I'm a Big Fan of Bitcoin on: March 20, 2013, 09:14:16 PM
"I am Satoshi."
- Al Gore

 Grin


He's looking into a way to pay for carbon-credits with BTC, I'm sure.  Saving polar bears too, can't forget the polar bears....

Shoot, I'll sell carbon credits for Bitcoins. 10 tons of credit for 1 BTC. PM me.
654  Other / Beginners & Help / Re: Just bought in at $64.05 on: March 20, 2013, 07:54:33 PM
One thing I learned is don't buy bitcoin while HIGH  Grin

Buy high, sell higher?

lol. Probably shouldn't sell while your high either.
655  Bitcoin / Press / Re: 2013-03-20 RIP, Bitcoin, I think on: March 20, 2013, 02:17:10 PM
Here we go again.  Yet another thread started by someone who didn't actually read the FINCEN report but copy/pasted someone else's incorrect interpretation of it.
To be fair, the thread was not started by the author of this nonsense.

And it was put into the Press section. Noting that this article came from the FT... as a press article about Bitcoin. Did you see who did the OP too? Idiot.
656  Bitcoin / Bitcoin Discussion / Re: mBTC: At what point should the community use this as the default unit? on: March 19, 2013, 03:57:24 PM
Let's move the decimal 8 places right now. I want to have more BTC.
657  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: giving 0.5 BTC for 29k XRP on: March 19, 2013, 02:52:48 PM
Well, he was online when I sent them to him. Sent me the BTC, and I sent him too much ripple, and he sent the difference back to me. Okay in my books. That's not guarantee that from here on out that he won't scam, but worked for me, and as of his last post, his rates are probably the best on the open forum.
658  Bitcoin / Bitcoin Discussion / Re: Is Satoshi Dead? on: March 19, 2013, 02:24:37 PM
-----BEGIN-SIGNATURE-BLOCK-------------------------------------
Address:    1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa
Message:    "I am Satoshi Nakamoto"
            "signed on 2013-Mar-19 00:00am."
PublicKey:  041da18d0f5399eda038036508c707f4c26b9e8a7b284cb927
            de7cfb87206e4e6b3b324bd59b2158453a6c34b9e0378e5f55
            cb2391957654a3e48362f41cf6112a
Signature:  342061938d154db249d20c09697033a93691e247a4976761a5
            0f2e8cf1c20b0fb76b67805147d1dfd54beead03b340b750da
            b64fc6669ae93cb87ca81376af1d
-----END-SIGNATURE-BLOCK---------------------------------------

lol, sign it with the client with public key of the address, not some random public key.
659  Other / Beginners & Help / Re: Having trouble with rejected shares on: March 18, 2013, 03:39:43 PM
Tried rolling back my drivers to the stable 13.1 release, that didn't work.

Also have tried running one card at a time, that didn't work either.

Anyone else have some ideas?

Now that's really weird. Not the drivers.

You did the new card by itself, same problem? You did the old card by itself, same problem?

Did you try a new pool? If you do that, you've ruled out everything haven't you?
660  Other / Beginners & Help / Re: New to Bitcoin, lost nearly all of initial investment on SatoshiDice :( on: March 15, 2013, 09:04:28 PM
SD SHOULD BE BANNED! SD SHOULD SEND THIS GUY ALL HIS COINS BACK!

And Vegas should be shut down! And Poker Stars! And the horse track! And slot machines should be banned. Call your senator today.

But seriously.

Buy another $800-$900 of bitcoins. What are the chances you'll lose it all twice?  Grin
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