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6561  Alternate cryptocurrencies / Altcoin Discussion / Re: Would stopping mining primecoin to use the cpu for video processing disrupt the on: November 21, 2013, 10:51:55 AM
If you use google translate and have no clue about English , don't make threads , please ...
6562  Bitcoin / Bitcoin Discussion / Re: A proposal: Forget about mBTC and switch directly to Satoshis on: November 21, 2013, 10:49:46 AM
Yes this idea is much better then mBTC.
It is much more future proof, because it is well known that a lot of people feel much more comfortable to deal with integer numbers than with decimal numbers.
I know that for most people here in the forum this is not the case, but you have to keep the average user in mind. I know that a lot of my friends are not comfortable with unit conversions.

Just ask yourself which of these numbers are easier to deal with when you think about your dumbest friend:
0.000123 BTC = 0.123 mBTC = 12.3 kSatoshi = 12 300 Satoshis


Your dumbest friend won't use btc , so problem solved.

I think we agree, that we would like to change that, don't we?

I already did that , I got no dumb people for friends Cheesy
6563  Economy / Economics / Re: Best way to turn 2BTC into 4BTC on: November 21, 2013, 10:48:47 AM
I have to say, arbitrage is a pretty save bet. You only get 1-2% a trade, but its safe.

probably you wanted to say "safe" not save. In any case , no it's not Cheesy
6564  Bitcoin / Bitcoin Discussion / Re: How do you plan to deal with your bitcoin in feature? on: November 21, 2013, 10:45:27 AM
Taking them with me to heaven.
6565  Bitcoin / Mining / Re: Who gets the transaction fees on: November 21, 2013, 10:16:29 AM
The fee goes to the miner who mines the block that includes your transaction.

Edit:
Senior Member? The question was not serious, right?

That's why i said "trolling" , he registered 2011. Common....
6566  Bitcoin / Bitcoin Discussion / Re: A proposal: Forget about mBTC and switch directly to Satoshis on: November 21, 2013, 10:12:19 AM
Yes this idea is much better then mBTC.
It is much more future proof, because it is well known that a lot of people feel much more comfortable to deal with integer numbers than with decimal numbers.
I know that for most people here in the forum this is not the case, but you have to keep the average user in mind. I know that a lot of my friends are not comfortable with unit conversions.

Just ask yourself which of these numbers are easier to deal with when you think about your dumbest friend:
0.000123 BTC = 0.123 mBTC = 12.3 kSatoshi = 12 300 Satoshis


Your dumbest friend won't use btc , so problem solved.
6567  Bitcoin / Bitcoin Discussion / Re: China Has more of EVERYTHING.. How many bitcoins? on: November 21, 2013, 10:07:35 AM
More of everything , doesn't mean all the good stuff , they have also lots of bad stuff , and more than the whole planet combined.
Also , china =/= chinese people =/= chinese goverment

Also nodes mean....nothing
Lot's of people having 100+ BTC and not running a node. Lots of newbies running bitcoinqt for the first time and not owning a single satoshi but still running a node.
6568  Economy / Economics / Re: ROI on hardware on: November 21, 2013, 10:04:36 AM
Ofcourse bitcoin is a pyramid scheme, everything in life is. We are looking for the greater fool, but I think most FIAT fools are greater still, it's a gamble that becomes more expensive the more you wait, so get that credit card out of that wallet and join the future?


Every time bitcoin goes up in value... PONZI PONZI PONZI PONZI PONZI PONZI PONZI PONZI

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

And your point is???
6569  Bitcoin / Bitcoin Discussion / Re: after all BTC has been mined, what then? on: November 21, 2013, 10:02:06 AM
Nothing will change.
Miners will get their bitcoins from transactions fees , and we won't change anything.
Also replace we with "our nephews" cause we won't be around by that time.
6570  Economy / Speculation / Re: So I guess we're going back up? on: November 21, 2013, 09:57:43 AM
Some people never learn.
We're at the second bounce of the falling trend of the Elliott Wave, right after the head-and-shoulders.

Some people never learn.
Bitcoin doesn't care about charts ,ta, waves and stuff.
6571  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 21, 2013, 09:56:36 AM
Poor bears. Pockets full of fiat, feeling sad and lonely because the choo choo train is leaving them behind Cheesy

Just joking. Huge resistance at $650 on Stamp, BTC1,500 mini-wall (not so mini these days at the current exchange rate) not getting chewed.

For those who took profits in the $670-$700 range (Stamp) these were great moments. I personally managed to sell 10% of my stash at $675, re-bought at $420 and just sold again a few hours ago around $630. Let me add that it was mostly sheer luck, my intention was to just take profits and not to daytrade, but you cannot say no to such an opportunity Cheesy

Gotta love bitcoin....

So what happened  to bitcoin must crash to 50-40 in order to fly to the sky? Cheesy
6572  Bitcoin / Bitcoin Discussion / Re: just been released from prison to find out I'm rich on: November 21, 2013, 09:15:57 AM
Sounds like someone feebly trying to spread FUD so the price goes down and they can get in cheaper. Really bad effort though. I think its just a kid, and mildly retard.

You were so right till the end. Mildly? common , he's way over
6573  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 20, 2013, 06:04:17 PM
I do get the feeling a lot of people are mad at me for my habit of expecting the worst. Cheesy

What is amazing is that your ignore button isn't blood red by now :DDD.
6574  Bitcoin / Bitcoin Discussion / Re: Bitcoin And Porn on: November 20, 2013, 05:43:23 PM
A previous thread with the exact same topic finished with this. Thought it made a lot of sense.




Sorry for killing the enthusiasm on that one Sad(((
6575  Bitcoin / Development & Technical Discussion / Re: Blocks are full. What's the plan? on: November 20, 2013, 05:36:59 PM
Oh god !!!!! another misleading title...
Was there ever a full 1mb block?
+1 Change the f*&$%ng title of this thread!

And our prayers have been heard!!!!!!
6576  Other / Beginners & Help / Re: Why mining is not wort the time? on: November 20, 2013, 05:00:14 PM
I wonder what is stopping the US government to buyout all the asics from the american manufacturers and mine the shit out of bitcoin. They could pull this off in a heartbeat if they would like to.  Grin

Have you seen elephants killing ants?
Currently they don't care about it. And until the network is strong enough , god help them not to change their mind.


With Bitcoin hashrate (and still growing), it would be hard to get 51%. They could test at altcoins though to get 51% there easily

Lots' of people have stated recently that it only cost around 10-40 mils to get that rate.
5PH means 5 mils GH , at a rate of lets say 6usd/gh (knc miner) do the math:D
6577  Economy / Speculation / Re: Fall of bitcoin on: November 20, 2013, 04:56:38 PM
Oh , wait did you mean fall like:
a) the failure , which is not the case
b) fall , like the autumn of bitcoin , just as false cause it's already winter.
6578  Bitcoin / Bitcoin Discussion / Re: Is the Bitcoin Block Chain too big? on: November 20, 2013, 04:53:30 PM
Just expand storage using RAID...

This is another reason why we should have bigger block sizes as it will benefit the uptake of bitcoins. Everyone seems to be scared of huge blockchains, but I don't think it's anything to be scared of.

It's not just the storage space , it's the download that might get problematic for a lot of users.
6579  Other / Beginners & Help / Re: Why mining is not wort the time? on: November 20, 2013, 04:51:17 PM
I wonder what is stopping the US government to buyout all the asics from the american manufacturers and mine the shit out of bitcoin. They could pull this off in a heartbeat if they would like to.  Grin

Have you seen elephants killing ants?
Currently they don't care about it. And until the network is strong enough , god help them not to change their mind.
6580  Bitcoin / Press / Re: 2013-07-01 Bitcoin Wallet in Africa - www.kipochi.com on: November 20, 2013, 04:30:52 PM
Couldn't find anything on it so I guess its another misunderstanding (candidate donations approved was another in the hearings). Closest I could find was this on the BitX purchase:
http://www.coindesk.com/software-firm-buys-africas-largest-bitcoin-exchange/

Of  , course , just like this story
http://motherboard.vice.com/blog/one-third-of-kenyans-now-have-a-bitcoin-wallet
with the fake cab.
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