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821  Bitcoin / Bitcoin Discussion / Re: Give your kids their pocket money in Bitcoin on: July 03, 2013, 04:51:30 PM
My oldest daughter is 7, she tells me bitcoins are not real money they are just pretend  Embarrassed. I am still working on teaching her what money is.

I think it makes more sense to give kids their spending money as cash, and give them money to save for the future in bitcoins. Unless there is something they want to buy online, and then bitcoins would be great.
822  Bitcoin / Project Development / Re: Peer to peer microlending service done right! on: July 03, 2013, 04:42:36 PM
Why does it need to be anonymous? I don't think you can have both anonymous and scam-proof at the same time for a lending platform.
823  Other / Off-topic / Re: Poetry Contest: Tip your favorite poems on: July 03, 2013, 04:30:59 PM
A haiku:

Opening the door
See the big blue sky waiting
Fly into the air
824  Economy / Securities / Re: [GLBSE] BIB.BVPS - Invest in BitVPS through GLBSE - BIB depositary receipts on: July 03, 2013, 03:46:07 PM
okay, can somebody explain to me what made the price shoot up from 0.00010 to 0.0030 in one day?

see new thread here: https://bitcointalk.org/index.php?topic=141262.0

I am a bit confused too. It is not like this dividend is really a surprise, a couple months ago one could have predicted that we would get a dividend this month, and I had thought that was priced in, but I guess some people got really excited about the little dividend and bought the share price up.
825  Economy / Lending / Re: Need .4 BTC loan on: July 02, 2013, 07:43:08 PM
Well, to be honest, I've been watching this thread because for some reason it amuses me. By the way, Joey you are incorrect when you say

We can do what we want with our money. It is none of anyone's business.

I looked into it, and if anyone bothers to file a claim, you can be barred from receiving welfare. Someone would have to make a call though, because they have no email. http://www.ocowf.org/TPage19.aspx
Online gambling is strictly prohibited within the U.S, and use of welfare benefits to purchase illegal goods or partake in illegal activities, will have your payments taken away.

Sure would suck if you pissed someone off enough to make the call, and you lost your living because of a $100 loan online.

So, Joey, are you willing to take the risk of all your government dole benefits being taken away, or are you going to be nice and give the money you owe back?
826  Bitcoin / Bitcoin Discussion / Re: Wikipedia and Paypal, Most Favored Nation Status on: July 02, 2013, 07:40:27 PM
"Not worth it"?  It is free money.  And they are begging.



It is "free money" in that people are willing to give it to them, but to figure out how to accept it and what to do if they got any requires some work, and I guess they think they will not get enough donations to justify spending the time to set up payment processing, and integration to their current accounting policies.
827  Economy / Lending / Re: Need .4 BTC loan on: July 02, 2013, 06:02:23 PM
Is it illegal in the USA to spend your benefits on gambling? If yes, somebody should probably report him to authorities.
We can do what we want with our money. It is none of anyone's business.

LOL, who's money is it? That's right, it is taxpayers' money. Lazy slob.
828  Economy / Speculation / Re: Winklevoss Twins File to Launch Bitcoin Exchange-Traded Product on: July 02, 2013, 05:58:43 PM
I still don't get it. Can someone explain me why anyone would invest in this?


Think of it this way: I have a bunch of money in my retirement account. If I take that money out of that account it gets hacked with wicked taxes. Now that they are opening this fund, I can use the money in my retirement account to invest in bitcoins. Hooray, no tax penalty!
829  Other / Off-topic / Re: best movie you have ever seen in your life on: July 02, 2013, 05:17:37 PM
I'm not against any of those. I love it when stuff is choreographed, and I'm a big fan of cinematography. Everything you like about those films is good. But I was specifically thinking of the cast. Both of your choices star Zhang Ziyi, and Hero also stars Tony Leung and Maggie Cheung. A few posts back, I mentioned some great films. Of those, I listed some below. Four of them star Tony Leung. Four of them star Maggie Cheung. And one of them stars Zhang Ziyi. Perhaps the biggest takeaway from this are the rave (and I mean rave) reviews Zhang Ziyi received for her performance in 2046. To get an idea, read this: http://www.helloziyi.us/Articles/2046-ziyi-critical-praise.htm

2046: http://mubi.com/films/-2046
Days of Being Wild: http://mubi.com/films/days-of-being-wild
* Trailer for Days of Being Wild: http://www.youtube.com/watch?v=6cExEkJjyD8
In the Mood for Love: http://mubi.com/films/in-the-mood-for-love
* Trailer for In the Mood for Love: http://www.youtube.com/watch?v=9kRQqksluZk
Chungking Express: http://mubi.com/films/chungking-express
Center Stage: http://mubi.com/films/center-stage
* Trailer for Center Stage: http://www.youtube.com/watch?v=Nwp-_UL2PlY

Other than "Center Stage", I have not seen any of those movies. I will have to watch them sometime.

Hopefully you're not confusing a later Hollywood film named Center Stage which is not the same one I mentioned. A quick check of my link will verify.

Anyway, I will admit that Center Stage is a slow movie, but beautiful and tragic. As for the other films, they're all by Wong Kar-Wai. Best if you go into them knowing you're watching Wong Kar-Wai films. The more you put into them, the more you get out of them. Each requires at least two viewings to get to grips with his themes.

Heh, yeah, I didn't look at the links, so I thought you were talking about the 2000 American one. I was also a bit confused why you would include that in this list; seeing you meant the other one makes much more sense.
830  Economy / Speculation / Re: The Bear Market is on....Red candles still haunt my dreams on: July 02, 2013, 05:12:03 PM
So we have a USD in deflation Cheesy

But deflation is economy killing evil, and must be avoided at all costs! Warm up the printing presses, we have to print faster!
831  Other / Off-topic / Re: best movie you have ever seen in your life on: July 02, 2013, 05:05:54 PM
I'm surprised nobody has mentioned mine yet:

Dumb & Dumber

 Cheesy

Nobody has mentioned it because it was dumb.  Tongue


I'm not against any of those. I love it when stuff is choreographed, and I'm a big fan of cinematography. Everything you like about those films is good. But I was specifically thinking of the cast. Both of your choices star Zhang Ziyi, and Hero also stars Tony Leung and Maggie Cheung. A few posts back, I mentioned some great films. Of those, I listed some below. Four of them star Tony Leung. Four of them star Maggie Cheung. And one of them stars Zhang Ziyi. Perhaps the biggest takeaway from this are the rave (and I mean rave) reviews Zhang Ziyi received for her performance in 2046. To get an idea, read this: http://www.helloziyi.us/Articles/2046-ziyi-critical-praise.htm

2046: http://mubi.com/films/-2046
Days of Being Wild: http://mubi.com/films/days-of-being-wild
* Trailer for Days of Being Wild: http://www.youtube.com/watch?v=6cExEkJjyD8
In the Mood for Love: http://mubi.com/films/in-the-mood-for-love
* Trailer for In the Mood for Love: http://www.youtube.com/watch?v=9kRQqksluZk
Chungking Express: http://mubi.com/films/chungking-express
Center Stage: http://mubi.com/films/center-stage
* Trailer for Center Stage: http://www.youtube.com/watch?v=Nwp-_UL2PlY

Other than "Center Stage", I have not seen any of those movies. I will have to watch them sometime.
832  Other / Off-topic / Re: best movie you have ever seen in your life on: July 02, 2013, 04:39:27 PM
Crouching Tiger Hidden Dragon
Hero

What did you like the most about these?

Beautifully choreographed fight sequences, stunning visual effects, interesting story.
833  Economy / Lending / Re: Looking for 1 BTC loan on: July 02, 2013, 01:59:20 PM
https://bitcointalk.org/index.php?topic=242494.140

boatedaces is an alternate account of the scammer joeyjmr8484. Do not loan to either of these accounts, he is a dick and you will never see the money again.
834  Economy / Service Discussion / Re: Which are the cheapest BTC exchanges? on: July 01, 2013, 08:03:22 PM
Deposits and withdrawals to/from a US account look really easy there [CampBX].  They do a low volume?  Does that mean slow buy/sell transactions?
They have an extremely low volume, which obviously makes manipulations easier.

The low volume means the spread is larger, and it can take longer to fill orders if you don't want to cross the spread. While getting money to and from US accounts is nice and easy using Dwolla, the website itself is rather tediously slow, takes several seconds for any page load, and I don't like the layout, it seems like every piece of information is tucked away behind a different page load making the whole experience extremely time consuming to just put in a couple simple orders.
835  Other / Beginners & Help / Re: Bitcoin related sites you wish existed? on: July 01, 2013, 06:13:53 PM
Bitcoin sports and prop betting.

Have you tried BitBet?
836  Economy / Speculation / Re: It's crunch time Bulls. on: July 01, 2013, 05:57:46 PM
Now is the chance to turn this around.

Or should I say?

"Now or never.."

Maybe we are just waiting for the price to get down around 50, then we will restart the rocket?
837  Other / Off-topic / Re: best movie you have ever seen in your life on: July 01, 2013, 01:17:14 PM
Some more of my favorites:

Braveheart
Gladiator
Crouching Tiger Hidden Dragon
Hero
Elektra
Breach
A Beautiful Mind
The Lion King
838  Economy / Securities / Re: Wheres the RentalStarter buzz? on: July 01, 2013, 12:53:05 PM
it has potential, there are just a few key issues:

1) Management fee is bit high. I would have preferred it being based on net income rather than gross revenue

2) Its assets and cashflow are USD denominated. Anybody who strongly bullish on BTC should not be investing.

3) The dissolution policy is a gaping hole for management abuse.

I expect the stock price to drift below IPO levels for the next month or so. They arent going to be generating cashflow for a fair amount of time and this will push weak shareholders out. I'll buy then.

I agree. I just started looking at it, so I missed the IPO, but there will be people who need the money back sooner rather than later, and we will be there to buy there shares from them (at a discount).

If this turns out to be successful, there will be many other people who want to repeat the business structure, I am sure there are many places where buying and then renting out properties can be lucrative.
839  Bitcoin / Bitcoin Discussion / Re: How could so high transaction cost could be justified? on: June 30, 2013, 11:45:02 PM
http://blockchain.info/charts/cost-per-transaction
I know why it is so high, but why people should accept payment method with such a high cost of single transaction?
Is it temporary?


That is just an estimate. Do you have the formula for how it is estimated? Most of the "transaction cost" is the block subsidy, people accept this inflation as part of the system, it is how new coins are added to the system, and it will be lowered dramatically over the next few years as it is halved about every four years.

This is a system cost, not really a per transaction cost. It is actually lowered by making more transactions. The actual cost for each transaction is somewhere between 0 and 0.005 USD (many transactions can be sent without a fee attached).

And you might want to check the "all time" link at the bottom of the page, we are still much lower than the peak in 2011 of $35 per transaction (it is now about $10 per transaction).
840  Economy / Speculation / Re: Fundamental analysis thread on: June 30, 2013, 11:41:46 PM
Government of Germany declares capital gains from bitcoins tax-free if bitcoins were held for more than a year.
Quote
According to German news site Die Welt, financial expert Frank Schaeffler stated: “It is good that investment in bitcoins is finally [a] legal certainty. Private profits from the sale of bitcoins are tax-free after one year”.
http://www.coindesk.com/german-government-relieves-capital-gains-tax-on-bitcoin-positions/

Wishful thinking on the gov't's part, that anyone would declare such sales in under a year . . .

Making false statements that involve Bitcoin is rather tricky due to the public ledger. It won't be long before your Revenue Agency learns this, and from that point on your strategy will depend on luck, unless you exchange for cash or spend coins directly.  Even then you need to count on your trading partner not reporting the transaction.

There is one sticking point, though: bitcoins are fungible. Thus, you could always claim to have sold at least some of the "old" coins, as long as you've been trading for over a year.


But if you buy and sell on an exchange, then those coins are not in the public ledger, they are just on the internal database of the exchange. And if you do some bitcoin mixing between exchanges, then it could be rather tricky for the government to pin down what you did and whether it is different than you claim.
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