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801  Economy / Service Announcements / Re: [ANN]TBLOB.ORG - The Big List of Bitcoin (List of reputable Bitcoin sites) on: November 25, 2013, 07:25:13 PM
Due to the btc price rise, submission fee has been lowered significantly.
802  Other / Beginners & Help / Re: [ANN]TBLOB.ORG - The Big List of Bitcoin (List of reputable Bitcoin sites) on: November 25, 2013, 07:25:03 PM
Due to the btc price rise, submission fee has been lowered significantly.
803  Alternate cryptocurrencies / Mining (Altcoins) / Re: [XPM]unofficial jhPrimeminer thread on: November 25, 2013, 04:07:54 PM
Where can I find documentation for all the possible switch options like -t -d -bttarget -primes etc?
804  Economy / Economics / There is no such thing is "intrinsic value", only "usefulness value" on: November 23, 2013, 05:58:55 PM
Gold has value, because it is useful to Humans, in industry application and jewelry/decor.

To a monkey, gold has no value, all the gold in the world has exactly zero value. Monkeys would think a banana tree has "intrinsic value", because it's useful to them, as food source.

Bitcoin has value, because it is also useful to Humans. I would argue more useful than gold in some aspects. Bitcoin can instantly move wealth across nation borders, securely and anonymously. Gold can't do that. Therefore, Bitcoin has value.
805  Local / 中文 (Chinese) / Re: btctrade,大家小心!!!! on: November 21, 2013, 08:26:12 PM
我19号提的,今天到账了,支付宝。
806  Bitcoin / Bitcoin Discussion / Re: We were wrong on: November 20, 2013, 02:41:17 PM
ripple is a stupid joke. Let's use a centralized company with infinitely printable XRPs, haha!
807  Other / Beginners & Help / Re: increase fee after sending? on: November 20, 2013, 02:39:16 PM
I've sent some BTC with a low fee..
0.0000001 is not a low fee, it is an invalid fee that will cause your transaction to be immediately discarded by any nodes or miners receiving it. You will need to remove the record of this transaction being sent from your own wallet to restore the balance shown to you, and then switch to a wallet that doesn't let you do silly things.
Hm, what's the criteria for validity?
It doesn't look discarded as blockchain.info sees it. Anyway, how do I remove the record of this transaction from wallet?

The wallet I'm using is bitcoind.


Either send with 0 fee or the standard fee, anything in between seems only to delay your transaction significantly.
808  Economy / Speculation / Re: The bottom is 175$ on: November 20, 2013, 02:32:52 PM
You are right, it's more my wish, it is definitely not TA.
But with so many graphs I saw during these days I wanted to draw one myself.  Wink

Your graph clearly shows the bottom is $150
809  Alternate cryptocurrencies / Altcoin Discussion / Re: Best Alt-Coin to Start Investing Into? on: November 19, 2013, 03:18:35 PM
PPC is the most interesting one. I believe at some point, the Proof of Work coins will realize the hardware race is unsustainable, and turn to PPC's Proof of Stake system.
810  Economy / Speculation / Re: Have we officially hit 1000 already? on: November 19, 2013, 03:02:22 AM
China actually officially hit $1200, then dropped to around $1000 currently.
811  Economy / Speculation / Re: How will CampBx allowing ACH deposits affect the price? on: November 18, 2013, 10:21:23 PM
campbx is too small to affect price.
812  Economy / Speculation / Re: COINBASE OUT OF BTC, WHAT THE HELL IS GOING ON!??!? on: November 18, 2013, 05:36:51 PM
Coinbase was the one actual resource for obtaining bitcoins that I could *almost* imagine real, ordinary people using. But if you push the button now, your coin(s) could cost you anywhere from $100 to $1000. What a joke!

Im not blaming Coinbase specifically, I realize theyre overwhelmed. But how the hell are you supposed to even obtain Bitcoin at this point?

Well coinbase is "easy", but far from the only place you could buy Bitcoin from. I've bought BTC from BTC-E and mtgox
813  Economy / Speculation / Re: When BTCChina runs out of BTC on: November 18, 2013, 05:10:16 PM
well, buy from elsewhere, and send to China to sell! then exchange your RMB into USD (very fast if you have a reliable exchange partner, it's nearly instant), rinse and repeat. I know some traders are making a killing doing this. This is the arbitrage opportunity of a lifetime if you have the funds. You make nearly $10000 for each 100 BTC arbitraged.
814  Economy / Speculation / Re: Any way of buying based on RSI and other indicators? on: November 18, 2013, 03:54:13 PM
we are probably going to $1000 before significant correction at all.
815  Economy / Speculation / Re: Hardly any 'bubble' talk this time on: November 18, 2013, 03:50:06 PM

It's not even a bubble yet, too early. At least wait for it to go parabolic
it did.

Nope, it went parabolic as of today, you are way too early, you need to re-examine your definition of going parabolic
816  Economy / Securities / Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) on: November 18, 2013, 03:43:43 PM
I had TheSwede75 in my ignore list before he started the Labcoin thread, so I guess I beat you all in calling it.

No there was a moderator on btct first called it before everybody else. When the IPO was being voted, one moderator put "well known troll, I wouldn't trust them" as comment, with the only negative vote.
817  Bitcoin / Bitcoin Technical Support / Re: Why did this transaction send bitcoins back to itself? on: November 18, 2013, 03:34:54 PM
Can a client be configured to send change to the originating address of the transaction?

blockchain.info wallet can do that
818  Economy / Speculation / Re: Low to avg volume with this jump. on: November 18, 2013, 03:31:42 PM
Let me guess, you are looking at BTC volume instead of currency volume?
819  Economy / Speculation / Re: Bitcoin at $600 dollars on: November 18, 2013, 02:54:55 PM
...

I'd say the silkroad bust increased illegal business on TOR, the news reached many people that probably didn't know TOR stuff existed. Then with minimal effort, they can proceed to find other market place such as "sheep market" or BMR.

Not sure, transaction volume isn't actually going up though.

The facts that the price is higher on BTC China, and that BTC China has taken such a huge share of bitcoin trade, let me think China is leading the raise.

I agree with this. China is leading the rise, because they're discovering Bitcoin. But as I said, it's rising too quick, same as when the west discovered bitcoin in 2011 causing the first bubble.

um transaction has gone WAY up compared to before silkroad bust:
http://blockchain.info/charts/n-transactions-excluding-popular
820  Economy / Speculation / Re: Bitcoin at $600 dollars on: November 18, 2013, 02:45:45 PM

The price has been rising at a magnificent rate proving Bitcoins are in huge demand around the world.


I'm interested in knowing about this sudden huge demand, can you explain it? I certainly cannot understand why it is raising $100 each couple days.

Nobody can explain it. Some will say the chinese discovering it (to them, I would say, what happened when the West discovered it in 2011...?) others say it's with silkroad being gone (to them I would say: why is a few hundred million dollars worth of bitcoin not being spent yearly a good thing?)

Some will say it's hype, a rise in value without anything to back it up. People getting excited for no reason. Sort of like what happen in a bubble....

Make your own mind up. Don't take what anyone says as fact without learning why.

I'd say the silkroad bust increased illegal business on TOR, the news reached many people that probably didn't know TOR stuff existed. Then with minimal effort, they can proceed to find other market place such as "sheep market" or BMR.
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