OK so I want to keep this a little light hearted and to find out what the most stupid thing you ever did with bitcoin when you were drunk? For me its I got home after an evening on the tiles and managed to gamble away 0.8 bitcoin (when it was worth 700usd) on a dice site. Personally I have only ever gambled 7 times in my life and always around 30 usd a time maximum (this is on horses and a few times as a student in a casino) as I am not the gambling type at all really. But one night I got home and this was when bitcoin was booming high I had a good feeling to gamble for some reason and I did. It was completely ridiculous and the worst thing is I remember it. I won nothing btw. I value bitcoin and money greatly but these impulses or losses I am keen to hear  just-dice, pretty glad that website closed (even though it was awesome). Although after looking at the numbers I was a couple bits ahead all things said and done. One night I gambled away .75btc when it was around 600 a coin - Martinfail |
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I heard on TV this morning that Apple had a huge quarter, selling LOTS of iPhones. I also have been seeing retailers here-and-there accepting Apple's payment system. Unfortunately I know nothing about Apple's new system
Apple's payment system seems to catching on! What kind of risks does AAPL provide re Bitcoin's ecosystem?
Once one "new thing" catches on big, that first mover has a tremendous advantage. First player advantage.
Will BTC lose to Apple?
I think Apple pay will remain for awhile but not pose a single threat to Bitcoin. Every computer I have at my house can run Bitcoin, all my phones, tablets etc. Only iPhones/iPads and Mac computers will be able to use Apple pay. Bitcoin is open source, which means it will run on any device in the future which has specifications sufficient. For Apple pay to catch on everyone will need to adapt to using apples quickly aging devices, when was the last time their phones innovated? I think Android device adoption is higher than iOS which means the majority of all handheld devices will not be able to use Apple pay. Why would vendors/investors and the likes build any infrastructure that cant be used by everyone in the world. |
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I bet that was one of the hackers (or the hacker), messing around to see if anyone here would notice the 20btc's origin.
Probably just testing people and rubbing it in.
Kind of farfetched that a Bitcoin noob would happen to buy 20btc cheaply on the darkweb, and then lose it immediately while drunk.
Sounds like BS.
That was the hacker trolling or testing. IMO.
This is possible, he should just sit on the coins for along time and forget about them. Only move them when we have to update our cryptographic primitives for address generation. |
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I actually thought about this, what if a hacker takes addresses people post publicly and seeds them or tries to make people think they are the ones involved. I actually had this thought when I added a vanity address in my signature to hopefully collect tips, I would hate to have a loose association. Because threads like this could be created |
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Thank-you for sharing! I am surprised to see such a large list of charities, I only really recall reading about several large ones over the years. |
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I'm curious about the age of bitcoin users. Post your age!
I suggest you make a poll for a question like this, it would be tough to get most people to give an answer unless they somewhat feel anonymous. |
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Check out coindesk. We have the self righteous socialist California and shitty bank against us. I am proud to be a bag holder for a change lol, the guy at Citi, "we already have a decentralized ledger". Wheres my copy of all banking transactions ever? |
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Which linux flavour would you use for a computer that would be used as a mining controller and a QT wallet storing machine?
If your new to Linux I would suggest a debian distribution like Blazr suggests: Ubuntu and its varieties are the simplest. Personally I have always used Slackware as a linux distro, lately I have tried out Arch Linux which is awesome, but probably not what your looking for. Its really easy to build your own Bitcoin wallet from source on Linux comparative to Windows/Mac even though Mac is easy with macports or homebrew. Also forgot to mention Spazz, I wouldn't use one computer for both the mining "controller" and having the Wallet stored on the mining machine is a mistake in my opinion. Create the wallet on a computer with no network card or drivers/ back it up etc. For a mining controller I had success using raspberry pi's with powered USB Hubs. |
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Lmao, gotta give it to the man, "Variety Jones" sounds so smooth, cool nickname, would be a good character in a tarantino movie.
Guy must be good at a variety of things. I mean even coming up with names hes quite clever: "Dread Pirate Roberts" - "Variety Jones" |
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Holy mackerel, I literately was working on a program for 2 hours then ate a bagel, price jumped 20+ dollars. I still think that this is only temporary and we will see a big sell off soon.
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My favorite quote from Satoshi Nakamoto is : The root problem with conventional currency is all the trust that's required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust. Which is yours? "It might make sense just to get some in case it catches on. If enough people think the same way, that becomes a self fulfilling prophecy." - Satoshi Nakamoto |
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There is a 99% that's it him I guess but why & why in the world he never touched his BTC if it's his or even anyone else BTC  Unless he is a millionaire I don't see why he didn't touch his Bitcoins to be honest , maybe lost private keys ? but I don't think a careful about privacy as Satoshi could simply lose his private keys Think about it, someone who essentially architects a system reliant on asymmetric cryptography (Bitcoin) would lose or forget his private key... I think not, the fact that people think this is true is actually funny to me. |
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A year or so ago, I remember bitcoin being above $1000, the Guardian ran many positive stories. It seemed every day bitcoin had a positive spin - bitcoin million dollar thumbdrive found, bitcoin beer sold, bitcoin hoarded by Chinese. I mentioned the obvious fact - that bitcoin was a (pointlessly) elaborate Ponzi scheme, whose obfuscations and complexities only served to mask the extremely obvious truth - the vast majority of bitcoin is valued 1 cent or lower, and the only job of the founders (Ponzi leaders) is to in entice new users (dumb money) into the bottom of the Ponzi pyramid. It does't matter at what point the dumb money came in - $1 or $1000, to the tip of the pyramid it's pure profit, even if they manage to liquidate only a few bitcoin to actual money (a difficult task even in the most stable periods) they would reap pure profit and the dumb money would instantly (I mean instantly) become permanent bagholders (once a ponzi begins unraveling, the momentum is always down). When I pointed out the simple truth (truth is always simple, unlike fraudulent bitcoin) of the ponzi scheme, I was shouted down by waves of scheming pump boilers. They all came out of the woodwork at once. "You don't understand X" "The protocol means Y" "Satoshi and Ayn Rand told me Z" on and on and on. Wow, I was shocked, I'd never seen such coordinated efforts to boil up a price. I only hope that those guys were near the original buy in, otherwise they became suicidally trapped bagholders. $300? $500? $1200? Who knows the depth of their ruination. Moral of the story - to the founders, congratulations, you defrauded, and continue to defraud, tens of thousands of people who I'm sure thought they were very clever and ahead of the game (usually the dumbest people in the room). And to the bagholders - I won't say it's not too late, because at this point liquidating any bitcoin volume in any meaningful significance will lock up the remaining "market" and lead to an instant crash or more likely simply the termination of "market" function in totality. But you can resolve today to put your savings in actual assets valued in actual money, money backed by hundreds of trillions of physical assets, enforcement agencies, and transparent, fraud resisting systems that are continuously improved day by day. You've been victimized, but you can learn from your mistakes and make sure other friends and family are not defrauded by cyber criminals and ponzi pumpers. Cheers!  TLDR https://www.cryptocoinsnews.com/bitcoin-dead-dumb/ - All you need to read is the title of this article - BITCOIN IS DEAD BECAUSE YOU ARE TOO DUMB |
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I reported this as speculation when it was 3 pages, god I feel trolled just having to scroll through all this.
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Ya, so it was a lot more than just about Bitcoin, drugs and a relationship were probably the main contributors.
As for the hammer, ya it was probably part of a bigger fight. The fact that it came to the guy holding him at gunpoint to sell his bitcoins sounds like they had a lot of fights over money.
Though if they did drugs...I would think they would want to keep their money in bitcoins so they can buy from Silk Road.
Pretty sad story, I recall reading somewhere recently that psychologically, Losses are twice as emotionally significant compared to gains. Probably one of the two lost faith in the technology and wanted out |
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We are far from capitulation. This is only the first fear trigger, there will be at least two more, and they will be bigger and harder than before.
I think I have too agree, I have a feeling this downtrend will last for two weeks, with points of stabilization, maybe next Friday we level out and begin rebounding a bit. I feel like we might see some prices around above/below 135 or even lower in the next two weeks. |
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Seems like this is just heavy speculation regarding the price of Bitcoin, its not really related to General Discussion of Bitcoin.
Either way, if the price crashes further or runs upwards yay!
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Litecoin is notable because it was the first alt-coin.
...
^ False. Namecoin was the first altcoin of any note (IIRC, there were a few sort-of-altcoins before Namecoin, but Namecoin is effectively the first alt). I actually have a chance to correct Melbustus, I believe the Testnet for Bitcoin was the first "Altcoin"? (I guess some might not consider it an alternate coin but I do). 02/02/2011 - Genesis block timestamp for Testnet 17/04/2011 - Genesis block timestamp for Namecoin |
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No apologies for the title, for somebody in the Bitcoin community should take up the challenge. Or, do Bitcoiners want to be upstaged by three Minnesotan brothers and their turtle? The chances are pretty good that such a creation could go viral considering the age-old coined phrase "cold hard cash".
-snip-
haha cool idea! Turtles all the way down |
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