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6721  Economy / Service Discussion / Re: Bitcoin Group's IPO on: October 14, 2014, 02:08:07 PM
Bitcoin Group (A Bitcoin mining company) is being listed on the Australian stock exchange.

https://www.cryptocoinsnews.com/bitcoin-groups-ipo-australian-stock-exchange/
6722  Bitcoin / Bitcoin Discussion / Re: How can we build the crypto economy on: October 14, 2014, 12:43:01 PM
Welcome to Bitcoin!
6723  Economy / Trading Discussion / Re: How I remit money to India for FREE and make profitable arbitrage on: October 14, 2014, 12:32:54 PM
your brother stealing tax from government.

You can't steal theft.
6724  Economy / Speculation / Re: The Chinese were right on: October 14, 2014, 10:09:58 AM
Ah, if I get 100$ today, what is the decline in one week?

If you had $100 last week you could have bought .3 bitcoins.
Now you can only buy .25 bitcoins.

Your money is losing value.
6725  Other / Politics & Society / Re: why do we not have a poverty coin yet? on: October 14, 2014, 09:48:38 AM
donate a miner to each family in poverty

A beginning is missing from this sentence.

Who donates a miner to each family in poverty?

And by "donate" do you mean at the point of a gun?
6726  Other / Politics & Society / Re: Barriers to introducing people to bitcoin on: October 14, 2014, 09:44:08 AM
I told my family about it but that is about it.

The people who can use it and understand why it is good will find it. People who are sheep will be late to the game. Those that are against it will be on the streets begging for bitcoins down the road.

I would rather people who actually understand it be the ones using it. They will help it to grow and reap the benefits. If you have to convince someone...let them be late to the game and find out later because eventually they will use it.
6727  Other / Politics & Society / Re: why do we not have a poverty coin yet? on: October 14, 2014, 09:27:34 AM
Cant the world's 6 billion support 1.3 billlion in extreme poverty using crypto coins?


every passing day I believe in bitcoin for its power to liberate the poor from capitalist world that cares less about people 'born poor'.

donate a miner to each family in poverty and support the mined 'liberate-coins' by using/promoting them in developed countries

I really feel helpless waking up everyday for not being able to execute this. How can we make it happen?

when dogecoin exists with community support, why not liberate coin...

Poor people tend to be that way because of the power used by governments to take from them. Bitcoin is an aid for the poor against that power.

What do you think is more likely from a centralized power?
A) Work to distribute that power
B) Find ways to grow that power and make it more centralized

Any other thoughts of "good governments" are fantasies spun as a tool to further build that centralized power.

What about say Venezuela, where the nationalized oil wealth has lifted millions out of poverty? Venezuela even provides discounted oil for poor people in the US....can't remember the last time an oil corporation did that? Smiley

You say oil corporation as if a corporation is not a government created entity...

Venezuela's inflation is making the poor poorer. People are turning to the black market to get away from the poor economy there, Bitcoin will save many who can use it to bypass their currency controls. The rest will be lost to the power suck of their handlers.


http://www.reuters.com/article/2014/10/08/us-venezuela-bitcoin-idUSKCN0HX11O20141008
Quote
The price of a bitcoin price has dropped 70 percent to under $350 from a peak last November, illustrating one risk of the digital currency. But Venezuela's own bolivar currency has dropped nearly 60 percent versus the dollar on the black market here in the last year. And a black market dollar costs 16 times more bolivars than the strongest Venezuelan government rate.

"Even though bitcoin is volatile, it's still safer than the national currency," said Kevin Charles, 22, who has just completed an economics degree in neighboring Colombia.
6728  Other / Politics & Society / Re: U.S. Patent Office Now Rejecting 78 Percent Of Business Method Patents on: October 14, 2014, 08:42:10 AM
Imagine if MtGox had a patent on the business method of Exchanging bitcoins for fiat.
6729  Other / Politics & Society / Re: why do we not have a poverty coin yet? on: October 14, 2014, 08:41:17 AM
Cant the world's 6 billion support 1.3 billlion in extreme poverty using crypto coins?


every passing day I believe in bitcoin for its power to liberate the poor from capitalist world that cares less about people 'born poor'.

donate a miner to each family in poverty and support the mined 'liberate-coins' by using/promoting them in developed countries

I really feel helpless waking up everyday for not being able to execute this. How can we make it happen?

when dogecoin exists with community support, why not liberate coin...

Poor people tend to be that way because of the power used by governments to take from them. Bitcoin is an aid for the poor against that power.

What do you think is more likely from a centralized power?
A) Work to distribute that power
B) Find ways to grow that power and make it more centralized

Any other thoughts of "good governments" are fantasies spun as a tool to further build that centralized power.
6730  Economy / Speculation / Re: Your current valuation of a bitcoin? on: October 14, 2014, 07:44:23 AM
Honestly I would put the value of 1 bitcoin at $317 right now. With a linear rise of about $13 per month.
6731  Bitcoin / Bitcoin Discussion / Re: DORIAN NAKAMOTO LAUNCHES LEGAL DEFENSE FUND AT WWW.NEWSWEEKLIED.COM on: October 14, 2014, 07:27:10 AM
Dorian does not want bitcoins.

He wants lunch.
6732  Other / Politics & Society / Re: [Poll] Free Ross OR Kill Ross <search for public opinion> on: October 14, 2014, 07:22:34 AM
I've no idea how the US justice system works (or otherwise), nor am I clued up with the extent of his alleged crimes so can't say for sure.

Is it not one of those things that you can buy your way out of, that's how a lot of 'justice' systems seem to work.

Yes, but they seized his coins.
6733  Economy / Speculation / Re: The bearwhale must feel pretty stupid now on: October 14, 2014, 07:20:33 AM
boy is my face red
6734  Bitcoin / Bitcoin Discussion / Re: What are your thoughts/critics/appraisals on "The Rise and Rise of Bitcoin"? on: October 14, 2014, 06:52:56 AM
Watched it with my 74 year old mother. I liked it but thought it ended rather abruptly but I guess that had to do with them just trying to wrap it up and get it out the door.
She knows a little bit about Bitcoin but she said that afterwards she still doesn't think she knows any more about it than before she watched it. She kept asking how the companies in the movie were making money and I think the coverage of Silk Road and the drug dealer made her uneasy, she said afterwards that the movie made bitcoin sound kinda scary (being older and being in that mindset of believing the banks and drug war and all that).
6735  Other / Politics & Society / Re: [Poll] Free Ross OR Kill Ross <search for public opinion> on: October 14, 2014, 06:39:38 AM
When they determine how many gang killings were avoided because people could buy drugs online instead of involving gangs he will be given a medal for saving lives.
6736  Economy / Speculation / Re: ARE WE HEADING UP OR DOWN? on: October 13, 2014, 07:40:24 PM
Bitcoin is dead. I tried to send some bitcoins today but the site was down. I called headquarters and they said they are closed for good.
6737  Other / Politics & Society / Re: [Poll] Free Ross OR Kill Ross <search for public opinion> on: October 13, 2014, 07:23:21 PM
I say his victim should decide the punishment.

Agreed, just as long as his victim is human and can show conclusive evidence.

I am sure his victim will step forward very soon.
6738  Other / Politics & Society / Re: [Poll] Free Ross OR Kill Ross <search for public opinion> on: October 13, 2014, 06:19:38 PM
I say his victim should decide the punishment.
6739  Bitcoin / Bitcoin Discussion / Re: The NSA created "CIA Project" Bitcoin - Gavin Bell (aka..Gavin Andresen in 2008) on: October 12, 2014, 07:46:59 PM
Welcome to Bitcoin!
6740  Economy / Speculation / Re: Alternative to COIN? on: October 12, 2014, 07:25:54 PM
SecondMarket was working on something that would come out by the end of the year.
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