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701  Economy / Speculation / Re: Is Bitcoin's dominance really about to be challenged? on: July 22, 2014, 07:40:35 PM
While I don't endorse NXT and think it's a kind of lame ripple clone I think it's great if they are trolling mainline Bitcoin zealots.

Perhaps I'll buy some. Smiley
702  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 21, 2014, 06:08:09 PM
After the GOX collapse, anyone with fiat or Bitcoins on any exchange has balls of steel. Gox did a lot of harm, and it will take time to recover.

This is why we are seeing so little volume in general, no selling and no buying, sorry but no more bubbles until 2015...

True, but what could possibly happen in 2015 to change this? Are you implying we'll have a trusteable exchange? What constitutes a trusteable exchange? Of course anything is more trusteable than some manchild that used to play Magic the Gathering, but im just saying, what would the ideal scenareo be on there?

If the Bit Licences actually turn out to work we might see exchanges in a 'trusted' New York surrounding for example. Maybe even in the vicinity of Starbucks stores!

They do large, dessert-like coffees?

... except I expect your table leaves less censored and more hanging out.

It's not "hanging," but yes.
Why such interest in my coffee table btw?

Due to the popularity of Rassah's coffee table, I opted to start it's own thread for all to discuss their obsessions with her table.

OK, GO!
703  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 20, 2014, 12:47:59 AM
I find this accounting principle kind of funny even though it caused me much frustration. I'm sure this principle will continue to cause headaches and strange workarounds as long as we have anal accountants.  Smiley
Well, if you ever have to do some accounting yourself, over ledgers spanning several years of transactions, you would appreciate this principle.

If the totals from two ledgers (say, bank statements and invoices) don't match as they should, even by a few cents, you must check everything all over again because it may be due to some arbitrarily large error on your part (like using the wrong invoice with a similar price), or by someone who was trying to doctor the books. You can waste a lot of time that way.

Or, suppose that you get the monthly report of you bank account for June, and the starting balance is 1.27$ less than the final balance in the May report.

Few joys in life compare to that of having the financial report of one's research project approved by the funding agency's accountants.   Not even that of having the project's funding approved in the first place.  Cheesy


Ironically yet basically all Bitcoiners in the US doing somthing with their haul should have to make similar efforts in their tax reports. I'll bet none of them are.
Yet again, this weeks coinbase/dell purchases will basically all be affected.
704  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: July 20, 2014, 12:37:08 AM
Bitcoin has proven an awesome case study in the 'de-regulated' world.  I cannot count the number of times some entity 'built a solid reputation' for just long enough to take their cash-out at an opportune time.  Over and over again we saw (and probably will continue to see) exchanges and wallet services fold and take everyone's money.  Usually the give back a pittance to preserve some plausible deniability.  The ratio of people who have been chumped out of their BTC vs the number of people who ever held any is truly impressive.  Were such a ratio observed in the real world where the stakes are higher it would be an unmitigated disaster.

I'll think I'll frame that and hang it somewhere.
705  Economy / Speculation / Re: Improving fundamentals on: July 19, 2014, 07:33:23 PM
I don't think they will be shut down by external forces, the situation will lead to that.
706  Economy / Speculation / Re: Improving fundamentals on: July 19, 2014, 07:25:59 PM
Opinion: Bullish!

Mind-altering practices (such as meditation, chanting, speaking in tongues, denunciation sessions, and debilitating work routines) are used in excess and serve to suppress doubts about the group and its leader(s).


So pleased Dell joined the cult!
They didn't.
The group has a polarized us-versus-them mentality, which may cause conflict with the wider society.

That said, again I can't wait till coinbase blows up.

Please explain the Coinbase doomsday scenario.

And Dell publicly said, there is no reason for any business not to accept bitcoin at this point.

Taking money from coinbase, sure why not?

As for their upcoming goxing, here is a short list:
Based in the US -> failure to comply to money transmitting, money laundering, or capital gains tax laws.
Running on VC money -> possibly using it for actual money laundering, using the funds to pay merchants, accounting "errors"
It's run by the usual "Captains of Industry" -> hacks, "air-quote"hacks"air-quote", personal drama
History -> "this time it's different" , GOX, bitcoinica, or MyBitcoin sure hadn't had it coming...
Huh -> !!!

There are so many different other possibilities that I can't list them all. I'm not psychic but I think they meet the usual "scheme of things" in Bitcoin.
707  Economy / Speculation / Re: Improving fundamentals on: July 19, 2014, 05:21:32 PM
Opinion: Bullish!

Mind-altering practices (such as meditation, chanting, speaking in tongues, denunciation sessions, and debilitating work routines) are used in excess and serve to suppress doubts about the group and its leader(s).


So pleased Dell joined the cult!
They didn't.
The group has a polarized us-versus-them mentality, which may cause conflict with the wider society.

That said, again I can't wait till coinbase blows up.
708  Economy / Speculation / Re: Improving fundamentals on: July 19, 2014, 05:04:17 PM
Opinion: Bullish!

Mind-altering practices (such as meditation, chanting, speaking in tongues, denunciation sessions, and debilitating work routines) are used in excess and serve to suppress doubts about the group and its leader(s).
709  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 19, 2014, 03:40:40 PM
It is often much easier to predict what is going to happen that to predict when it will happen. 
true.
Coinbase will collapse.

710  Economy / Economics / Re: Freicoin: bitcoin with demurrage on: July 18, 2014, 05:29:26 PM
Freicoin is about to drop out of the top-100 cryptocurrencies list.

May it stay out.
711  Economy / Speculation / Re: "Dell is now the world's largest ecommerce business to accept #bitcoin" on: July 18, 2014, 05:12:00 PM
I can't wait till coinbase blows up.
712  Economy / Services / Re: I was hacked (1170btc stolen) - 500btc max BOUNTY on: July 15, 2014, 08:53:35 PM
thingsthatneverhappened.txt
713  Economy / Services / Re: I was hacked (1170btc stolen) - 500btc max BOUNTY on: July 13, 2014, 12:20:00 AM
AA may be one the few decent humans left in the BTC world. The day he leaves blockchain.info is the day I leave bitcoin altogether.
lol who?

Andreas Antonopoulis = AA

No disrespect, but I don't think you really understand Andreas' message
if you would say that.  One the key points he always makes is that
Bitcoin is a consensus algorithm in which you don't NEED people to be honest.

I agree, Andreas is a great mind and stand up guy.  But Bitcoin will
work the same with or without him... and who cares if he leaves
the Blockchain company?

Bitcoin is about the technology not about the personalities
of key people.  And this theft, while tragic, also serves to
reflect the fact that the system doesn't work if used
improperly.





I agree with you. My previous statement was a kneejerk comment based upon issues that both I and others have had with third party services. I am fully confident in bitcoin as both a network protocol and a means of exchange. It is still pertinent and valid to consider AA's exodus from the foundation. For whatever reason, we still need trusted third parties to help simplify an otherwise trustless system. Thank you for pointing out my mistake.

Now, let's get on to helping this fella get his coin back.

Comedy gold right here.

Could the echo chamber get any worse?
714  Economy / Services / Re: I was hacked (1170btc stolen) - 500btc max BOUNTY on: July 12, 2014, 11:37:17 PM
AA may be one the few decent humans left in the BTC world. The day he leaves blockchain.info is the day I leave bitcoin altogether.
lol who?
715  Economy / Service Discussion / Re: Karpeles back to living large in one of the most expensive apartments in Tokyo on: July 12, 2014, 10:11:47 PM
...If you take certain precautions and pay the right price (pay for mixing services) then you can stay anonymous with bitcoin.

Since 2010 there have been dozens (perhaps hundreds, or even thousands) of media articles that call Bitcoin "anonymous", so many people believe that even though it is not true.
If you use Tor, bitcoin fog, and wifi hot spots then you could effectively use bitcoin and be anonymous.

In reality, unless you are dealing with a lot of money (at least 6 figures, as measured in US Dollar equivalent) then most likely, no one will be able/bother to discover your identity.

Only if you solo mined them in 2010 through tor, if that even was possible.
716  Economy / Service Discussion / Re: Karpeles back to living large in one of the most expensive apartments in Tokyo on: July 12, 2014, 09:50:07 PM
...If you take certain precautions and pay the right price (pay for mixing services) then you can stay anonymous with bitcoin.

Since 2010 there have been dozens (perhaps hundreds, or even thousands) of media articles that call Bitcoin "anonymous", so many people believe that even though it is not true.

Don't act like there isn't an army of Captains Of Industry posting on reddit that this is the case too.
717  Economy / Services / Re: I was hacked (1170btc stolen) - 500btc max BOUNTY on: July 12, 2014, 07:43:21 PM
I've heard Mark K is thinking about a similar bounty!
718  Economy / Service Discussion / Re: Karpeles back to living large in one of the most expensive apartments in Tokyo on: July 09, 2014, 01:13:50 PM
It's funny how he says he's back to his old lifestyle of eating 2usd nudles while still living in that apartment.

Also he had a good quote in the wsj interview: "In the future, I would like to participate in the bitcoin community, as I've experienced what to do and what not to do and can help others in that regard".

Well, perhaps he owns it and the maintenance costs aren't too high. And given his current status it wouldn't be sane to sell it either.
719  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 09, 2014, 01:08:55 PM
The ISIS association was big news apparently.

The ISIS thing is a big thing in the MSM, there is something about it even in the smallest newspapers today.
720  Economy / Speculation / Re: I have found the way to drive the price to ATH on: July 08, 2014, 08:31:02 PM
simple question: are you trolling?
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