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6441  Other / Politics & Society / Re: Beheading in Oklahoma on: September 27, 2014, 08:41:37 AM
Beheading in London:

http://www.theguardian.com/uk-news/2014/sep/04/woman-found-beheaded-edmonton-north-london-garden

Apparently this one was also freshly converted to the "religion of peace"
6442  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Ethereum: Welcome to the Beginning on: September 25, 2014, 05:18:59 PM
When is the genesis block being generated??

Winter 2014/15, from their website:

Quote
People interested in acquiring ether to build and distribute decentralized applications, or to pay for their usage, are able to do so in the Genesis Sale using bitcoin, thereby locking-in their supply at a known price. This sale will help us fund the continued development of the software platform, scheduled for release in the winter of 2014/2015.
6443  Bitcoin / Bitcoin Discussion / Re: PETITION AMAZON: 3538 have signed, 5000 needed (1,462 more) on: September 25, 2014, 03:48:01 PM
Signed. But what happens when it reaches 5000? How do you know the relevant people at Amazon will even be aware of this petition?
6444  Economy / Gambling / Re: FortuneJack.com | Live Roulette | Live Sic Bo | Binary Trader | Keno | FAUCET on: September 25, 2014, 12:44:03 PM
Checked your site out today.  30 seconds on Binary is a complete joke.  And you have your own special version of roulette? 

No Thanks.



What is actually wrong with 30s binary and special version of roulette? Care to elaborate? Otherwise you just sound like a sore loser, looking for someone else to blame for his loss.
6445  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Ethereum: Welcome to the Beginning on: September 24, 2014, 08:21:43 AM
I suggest there should be some investment limit to ensure fair distribution...

A little bit too late for that. The genesis sale is closed.
6446  Economy / Economics / Re: what happens when all bitcoins are mined ? on: September 23, 2014, 09:08:50 PM
looking forward to 2017 to see what happens, i remember the halving that occurred in 2013.

It sure going to be interesting, still long time to go tho. And think it's going to happen in 2016 not 2017:

Quote
Bitcoin Clock

Reward-Drop ETA: 2016-08-02 16:36:15 UTC (96 weeks, 6 days, 23 hours, 30 minutes)

http://bitcoinclock.com/
6447  Other / Meta / Re: Someone BUYING older accounts here for mass propaganda.... on: September 23, 2014, 11:18:40 AM
Came to this thread from that news article. This place is fu€ked for allowing accounts to be sold in the first place.

I would agree, but it's not like they encourage or support accounts trading. They simply don't forbid it, and what's not forbidden is allowed. Also, there's not much anyone can do to prevent it, they could suspend such accounts, but they would need to be 100% sure that those have been bought/sold.

On the other hand, when you reach hero or legendary rank, it's nice to know that your account is worth 'something'.
6448  Other / Meta / Re: Someone BUYING older accounts here for mass propaganda.... on: September 23, 2014, 09:38:43 AM
The first thing I do when I see a post with a dramatic title is check who posted it.

Dramatic like this one?

As for nonsense about sig campaigns, we all know that there is NO possible way to make money buying accounts as anonymous and recently registered as mine for .250 BTC EACH! If someone shows me how to make over a quarter bitcoin a month (as some poster claimed) buying accounts that are only a year old and just have full member status, then I will start buying up crap accounts with my BTC today LOL!  Grin

Better start buying then because this has just proven how completely wrong and ill-informed you are on this matter. I made 0.52 last month and I've been here less than a year. Used to make much more than that when I was a Full Member too. Take a look over in the digital goods section for evidence of this and look at the responses to people when they ask why the accounts are being sold for so much or anything at all. "Signature campaigns" are the answer you will see over and over again. Everybody knows (apart from you) that 99.9% of accounts sold here are done so for signature campaigns. In the past you could get between 0.4-2.4btc with a Full or Snr Member account alone per month per account (a Snr account takes nine months to achieve btw) so buying a few accounts is very profitable. People want them to earn money because you can't join a high-paying signature campaign unless you are at least a Member. You can troll and post fud from your throw-away Newb account though and then just create a new one if/when you get banned.

The purpose of this mass buying of accounts is NOT to turn a quick profit, since there is no way to turn a quick profit buying up crap accounts at .250 each (or more). The purpose is to prevent people from instantly dismissing whatever they want to push by AT LEAST posting the FUD under accounts that don't scream "NEWBIE! REGISTERED TODAY!"

Wrong again - very easy to make a quick profit as I've already explained. Do you have evidence some sort of astroturfer organisation are buying accounts for such uses or is it just your own biased opinion again? I've already explained several times how you can see a return on investment on accounts even purchased for 0.4 which is what the going rate for Snrs was up until recently, but I don't think you're willing to accept it.

I have heard form others who had the spam offers to buy mundane accounts for relatively large amounts. I would appreciate it if they and any others would post in this thread. Even better it would be nice to hear from users who sold their accounts and are now using new or other accounts, but somehow I don't think they will want to add to this thread  Wink .

What does 'mundane accounts' have to do with anything? The mundane the better for signature campaigns. All that matters is their Member rank. The higher the rank the more valuable the account is because the more you can earn from signature deals. Yes, that's right, signature deals. Is it merely a coincidence the guy trying to buy your account is on one?

So let the finger puppets spam this thread with threats to report it to moderators, blatantly nonsensical arguments and personal attacks, but why don't the rest of us try to have a serious conversation about what is going on with this campaign of some unknown but deep-pocketed entity overpaying for non-newbie accounts.

Haha Finger puppets and 'deep-pocketed entity'. How can you claim to not be paranoid when making claims like this makes you sound exactly like your typical paranoid conspiracy nutter... or maybe you're just a troll and I'm being trolled here? Maybe your account has been sold/bought and is being used for the purposes you describe, so maybe I am wrong. The only person who is talking nonsense here is you and you're not trying to have a serious discussion at all but the opposite. You're making stuff up and acting like a child and sticking your fingers in your ears and going la la la and refusing to listen to any facts or alternative viewpoints at all.

While that is a lovely strawman you've built. I'll stick to reality, and rather than "a Hero member who does nothing but troll and post fud" think in the vein of "a few hundred accounts ranging from full member to hero who post a large number of new topics and replies including false news, reasonable-sounding FUD and exaggerations of bad news, as well as personal attacks and accusations of paranoia against anyone who tries to expose or even discuss what they are doing in the forums"  Grin

Shocked As opposed to your argument which is based on absolutely nothing but your own minsinformed opinion? Pretty much all the fud or attacks or trolling I see here is from brand new or newb accounts so I don't understand your logic here at all. Who is this organisation that is buying a few hundred accounts at 0.2 or more a piece? The Illuminati? Calling you paranoid isn't an insult because it's exactly what you are being when you make ridiculous claims like "funny how this thread is being attacked". Attacked? You've been 'attacked' because someone was offering an alternative answer; one that you didn't like because it doesn't fit your agenda? That was a completely laughable accusation made in such an alarming conspiratorial fashion which conspiracy nutters often do to try and divert attention and play the victim and to make out as if the responses they have gotten are complete proof that they're right and are on to some conspiracy that they've just exposed.



There's a news coverage of this thread in cryptocoinsnews:

http://www.cryptocoinsnews.com/bitcointalk-accounts-are-being-bought-and-sold/
6449  Bitcoin / Bitcoin Discussion / Re: Very interesting points on Bitcoin by a great Economist on: September 22, 2014, 09:10:36 PM

A lot of what he says about Bitcoin is 100% true ..., most people enter bitcoin to make a profit, more and more bitcoiners are at a loss now so it is bad press, miners need to sell, regulation can be a problem for Bitcoin, a lot of bitcoiners are naive/romantic/unrealistic...


He's pushing for gold, but a lot of his arguments against bitcoin can easily be used against gold.



I've seen a couple of his videos/interviews and his major problem with BTC was that it is immaterial and have 'no intrinsic value', which is so dumb that not worth commenting.


Edit:

Also this:

...
now for the reverse psychology.
if he sells you HIS GOLD then its not because he loves gold and wants you to join his love for it. its because he wants to dump his hoard. also to note by accepting bitcoins, shows that HE WANTS bitcoins. why else swap gold for bitcoins unless he secretly prefers it.

6450  Economy / Services / Re: FortuneJack.com Signature Campaign – Earn 0.08 BTC!!! on: September 22, 2014, 05:24:31 PM
Payment received. Thank you
6451  Bitcoin / Press / [2014-09-21] The Wall Street Journal - Is It Time to Invest in Bitcoin? on: September 22, 2014, 11:44:04 AM
http://online.wsj.com/articles/how-to-deficer-cryptocurrencies-1411333011

Not particularly interesting article, a bit of general information  about BTC + other cryptos mentioned.
The author presents rather balanced opinion, but seems a bit out-of-date, and clearly, in some aspects, didn't do his homework.
6452  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DOGE] Dogecoin - very currency many coin - v1.8 Required Update on: September 22, 2014, 09:00:18 AM
UK Kids Football Club Sponsorship Available for Dogecoin
What will this cryptocurrency sponsorship achieve? Well, for starters there is the marketing effect of a whole season of being mentioned in the media and at events – a very basic and smart approach to creating brand awareness, alongside generating interest for crypto adoption.
Cryptocurrency enthusiasts tend to be quite tribal. Football, too, is based around fanatics for the sport, clubs and their players – and when you add beer to the mix then you have a double rollover effect.
We are dealing with one of the team's based  in Brighton, Sussex, UK. There are multiple options to increase market adoption via kids football in the UK as local business always support the kids clubs.
We are looking for crypto Currencies and Crypto service providers who would like to take the opportunity in supporting kids football, you can sponsor a team or a whole club.
We already have the interest of media newspaper and TV "This is not just a simple sponsorship as we will be doing Crypto Branded beer along with an open day of free giveaways .
A Kids club has around 200 Kids and when they play there match's roughly 2000 people turn up also local newspapers cover the games so it's a win win situation all round.
Sponsorship is as low as 1600$ or as high as 18,000$ for further information contact info@coinstructors.com


Very interesting project, but you need to post some more details. Is there any website with further description? How to donate? How do we know it's legit?
6453  Economy / Economics / Re: what happens when all bitcoins are mined ? on: September 21, 2014, 09:23:13 PM
Bitcoin will be redundant by that time. There will be better technologies which will overtake this. PoW already shows signs of having lot of trouble.

But there already are better crypto currencies! faster, safer, PoS, X11, hybrids, better distributed, with better names etc.
First altcoin was Litecoin and it was already an improvement over bitcoin, but it didn't overtake bitcoin (not to mention that it was never LTC's devs intention).

Bitcoin doesn't have to be 'the best', it has to be 'good enough'. There will never be the ultimate 'the best' crypto, because there will always be a room for improvements. And if we all were to jump from one coin to another (new and better) one, all concept would collapse.

So the only question is: "is bitcoin good enough?"
6454  Economy / Economics / Re: what happens when all bitcoins are mined ? on: September 21, 2014, 08:40:41 PM
We'll all be dead when that happens, who cares. Anticipating future problems and thinking ahead is dumb. It's better to just do things blindly without thinking about the consequences.

What's dumb is your post.

If any currency was, by design, to die after some certain time (even 100 years) it would be already reflected in the current price (likely to be close to zero). It could have some value if it had really useful, practical functions, but still would be worthless as a long term investment/store of value.
6455  Economy / Service Discussion / Re: Bitstamp's first annual statements on: September 21, 2014, 07:57:00 PM
It does not say how much profit they made. 

I explained that in the first post. Look at the Profit and loss account reserve. It's their first period of trading, they started with P&L reserve being zero, so they made a profit of $833k, possibly more if dividends have been declared/paid.

Apparently it does not include their bitcoin holdings, since their assets (65.7 M USD) are described as "cash in the bank". 


Agree, these accounts should have been more clear. They couldn't just ignore the BTC holding tho, therefore it must have been included in 'cash in bank' position, which is not incorrect imho, despite the name 'cash...' it can also include cash equivalents.
6456  Economy / Economics / Re: How profitable are exchanges? on: September 21, 2014, 06:34:19 PM
I know it's an old thread. But if anyone is still interested, Bitstamp have filed their first accounts recently, more in this thread:

https://bitcointalk.org/index.php?topic=785256.0
6457  Economy / Economics / Re: BAML Fair Value assessment of Bitcoin - Discussion on: September 21, 2014, 06:27:50 PM
Thanks for sharing. I've seen articles about this valuation, but never seen the actual doc.


I don't think they pulled the number out of their arse. Yes, the maths behind the figure required a lot of assumptions and guesswork, but their assumptions seemed fairly logical to me.

Are you saying that you think bitcoin will become an international currency? I just don't think this will happen.

I'd also say, that they did pull it out of the ass, but wrapped it up in nicely looking reasoning. They made that valuation when BTC price stopped at around $1200, so their prediction of $1300/BTC looked pretty sensible back then. I can guarantee that if they did the same kind of valuation, say 6 months earlier, the number would be significantly different.

The simple truth is, to make such assessment, they need to do a lot of guessing, like this one:

Quote
What could be the fair value of Bitcoin if it
were to become a dominant medium of exchange for e-commerce that accounts
for, let’s say, 10% of all the payments for B2C transactions?

Why not 2%, or 0.3%, or 20%, or 75.14%? They didn't quite explain that, did they? Or did I missed something.

Also, you can argue with the listed Advantages/Disadvantages, these have been widely discussed on this forum.


6458  Bitcoin / Bitcoin Discussion / Re: Finger print best thing to prevent hacking? on: September 21, 2014, 04:57:48 PM

The latest Biometric fingerprint scanners, have built in technology, that detect, if it's a "living" finger. {My friend installs them, and demonstrated it, with a rubber finger mold, of his own} I do not know, if the cheaper versions, have the same, detection technology built in.

When you configure the device, you scan more than one finger, to eliminate the risk of having "scars" or "blisters" on a finger, locking you out of your own system.  Wink


There's another issue, a lot of people have unreadable fingerprints, I know at least 2. Both of them failed to had theirs taken for the biometric passport purpose. I'm sure there are more of people with this 'problem' worldwide.
6459  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] TeaCoin [TEA] -@Bittrex - Fast - 0 Premine - 2.5% inflation on: September 21, 2014, 04:39:19 PM
I just pointed all of my miners at this coin while literally sipping on some lemon tea.

Point them back to something else. This coin is dead. It won't be profitable even if you find every block, there's simply no buy orders.
I think i've seen few buy orders but really low (few satoshis, not even 10).

There are some at Allcrypt between 20-30 sats, but still not worth the effort (plus, they may quickly disappear once you start selling).
6460  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] TeaCoin [TEA] -@Bittrex - Fast - 0 Premine - 2.5% inflation on: September 21, 2014, 03:22:20 PM
I just pointed all of my miners at this coin while literally sipping on some lemon tea.

Point them back to something else. This coin is dead. It won't be profitable even if you find every block, there's simply no buy orders.
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