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The bubble needs to rise faster to pop. That drop last week let some of the air out. I'm just disappointed I won't win the free 10 bitcoins.
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Not true at all. That bubble happened precisely because of regulation. Banks were practically forced to lower lending standards by Freddie and Fannie, not to mention the FED key interest rate affected mortgage rates to get artificially low enabling many to borrow who couldn't afford it. All Wall Street did was feed upon this circle and meet a demand that was created by the government and no one else. It's called moral hazard, look it up.
Try reading this: http://www.pbs.org/wgbh/pages/frontline/business-economy-financial-crisis/untouchables/blowing-the-whistle-on-the-mortgage-bubble/All the pressure to lower standards was coming from higher up inside the companies. If they'd wanted to not buy these loans, they would have jumped on the chance to use underwriting standards to block them. And you'll notice they stopped buying them when the bubble burst, nobody was forcing them to buy. Both the government regulation, AND the self-regulation failed to change behavior. But you can see that attempts at discipline were ignored or lied at to avoid. |
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$16.05
Oops. I have to change my guess. Hold on! It would be nice if the form rejected entries that have already been made  |
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Hey, this is a nice, simple, well organized contest My prediction is 16.06  (I had to change it, someone had already guesses 16.05) |
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You haven't mentioned any limits on the type of antipersonnel technology a citizen should be allowed to access, the topic of the OP. Do you think there should be any? If so, what?Hand guns ok, automatic weapons not ok? Knives ok, swords not ok? Nope, I don't think there should be any limits, not when it comes to government law anyway, it should be down to the discretion of the seller whether or not they think it's a good idea to sell to certain people or not. Why would a seller not want to sell? Especially if he or she doesn't live locally. Oh, if a seller were liable for harm caused by the person they sell to, they'd be very careful. And have insurance. |
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Wouldn't there be a lot of hitmen, who are hired to kill people anonymously?
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Try blockchained.com
Thanks, looks great! It actually looks the same as the old bitcoinx. Was this a clone, or was bitcoinx the clone? |
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 I used to bring up bitcoinx.com, they had a list of what was currently "hot" on this forum. They came under new management and redesigned the site, and I haven't been able to find the list. Any suggestions?
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I wonder how Paypal will do that after he's taken out all the money to buy more drugs.
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STOP U GUYS THERE'S A COMPANY AT STEAK!!! When Nefario blackmailed me & the IceHill team by saying he'd unlock our securities if we allowed a swap option, he kept writing "equity steak." I've never forgiven him for repeatedly writing "steak" -- if nothing else, he needs a scammer tag for that.
inb4 "oh, look who's talking!"
(ETA: Fwiw, Nefario's been pretty helpful with me in solving problems since then)
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Religion teaches us that existence isn't centered on yourself.
So if your not religious your self centred? No, but religion can give a self-centered person reasons why they shouldn't be. |
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If Bitcoin can't survive a little corporate hegemony, then what good is it? I thought the whole point was to have something as durable as the Internet. Bitcoin is interesting, but I really can't identify with this religious fanaticism that requires companies, organizations etc to either be "true believers" or "heretics".
We just want Bitcoin to survive as long as possible. Corporate hegemony can end things if we let it. |
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Religion teaches us that existence isn't centered on yourself.
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I sort of figured pirate would pay back everything before setting up for the REALLY big scam. Congrats on building confidence and making people here some money, and congrats on your family.
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Obviously you can't certify an anonymous business. The certification is a big goal of the foundation. The people certifying can't be anonymous either. The other goal is preventing forks in the Bitcoin network, and designing changes. The foundation ensures its the authority by paying for development. I think paying "foundation taxes" and voting don't require giving up anonymity, that's what public key cryptography is for. Voting is best when it's anonymous. Although, that is really plutocracy instead of democracy. If you think that each person gets one vote, no matter how much money they contribute, then anonymity doesn't work. Oh, and Satoshi is the most anonymous "person" I know of  |
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Really sorry for the OP. There's not much one can say to help the situation. These kind of problems have got to be sorted out before BTC hits the mainstream. I get the feeling that on the average, we are here are quite tech savvy compared to the the normal guy. But if a granny had her wallet.dat stolen and the tabloid newspapers get hold of it, that would be a serious blow to the credibility of bitcoin and might be irreversible.
Granny doesn't use her computer or smartphone for financial transactions, she's probably more secure than any of us right now  |
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Some people believe it will inevitably be made illegal. From this point of view, having a central place to exert control is a weakness. Napster and Wikileaks are good examples of network information services that brought about unpopular laws. Bitcoin is another network information service that threatens concentrated power. in order for government officials and executives to take Bitcoin seriously This remember me the scene in the beginning of the movie The Scorpion King I don't think about movies, I think about the fact that congressmen and corporate executive types not having a hand to shake helps them equate Bitcoin with that thing that criminals and gangsters use, and that thought process results in them wanting to take actions to hinder Bitcoin. I see Bitcoin as the currency of liberty, not anarchy. I absolutely disagree. Bitcoin doesn't need government officials and executives in any form. Specially the USA government (where the bitcoin foundation is placed). The power of bitcoin always have to be in the user base. Not in governments, foundations or selfdeclared core developers.
You are right if you're talking about the Bitcoin executable and code base, but not decentralized computerized money as an anthropological phenomenon. A foundation helps greatly if we are to help it achieve acceptance by law-abiding citizens sooner rather than later. If this will help the powers that be work with us instead of against us, why is this a bad thing? |
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Isn't liberty great? Gavin can make a Bitcoin Foundation, and people can join, or not, as serves their interests.
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Botnets. Once all the gaming computers in China have been pwned, the rate will stop increasing.
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India has big problems with its cheap food distribution. There is more than enough food for everyone in India, but due to poor incentives the subsidized food does not make it to starving people.
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