Still some issues for me.
Please clear your cache, we just pushed some changes. Nope... firefox 18.0.2 stuck on empty main page Work like a charm with Chrome. Same here, works on chrome but not Firefox |
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A lender has placed a bid for Loc D.
LOC C current bids:
150 BTC @ 4.5%
350 BTC @ 12.0%
LOC D current bids:
$5,000 @ 24%
$47,000 - open
Shouldn't this be $45,000? |
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You can tell its not working as the last transaction showing is over an hour and a half old.
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Not working for me as well.
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This statement: The majority bondholders received the same 2mh/s per bond and 105% PPS. Everyone has the same bonds/bond terms Is contradicted by his next two bullets: To give added protection to their large investment, the majority bondholders requested detailed contracts signed and notarized.
Due to the detailed contract terms, I was obliged to mine for them as long as possible, even when losing money And also by the fact that he paid off the 85%. It's rather clear that everyone did not have the same terms. The 15% for all intents and purposes was subordinated debt without the bond holders knowledge. I'm sorry for all of you that lost money to this guy, I'm with the majority here, this guy needs to be tagged until he makes all his bond holders whole. |
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maybe it is not so constant exposure after all ?
this could be interactive advertizing,
u follow bitcoin - they serve you mining equipment adds,
someone else could get adds about weight loss...
how would they know you follow Bitcoin? i just went back there and it seems to be a rotating ad shared with others. Cookies most likely. Try and clear your cache/cookies/etc and browse the website in incognito mode and see if the ad still pops up. |
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Personally, I think they're doing a great job over there at Western Governor's University. They're one of the only fully nationally and regionally accredited online colleges that offer cheap tuition and experience based credits* (terms may have changed since I last researched them).
they're the #1 participant in the Student Loan Bubble you know. Oh I'm sure they love student loans (any for-profit company would), but I'm pretty sure it's Phoenix that's #1 (and already found guilty of fraud, changed names, skirted regulations, paid off senators, etc as a result). Sorry for bringing it off-topic, was this about BFL or the blog posts? who's BFL? Butterfly Labs |
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I have used the scientific method (hypothesis followed by experiment). It's pretty simple actually: Every time I buy the price goes down. Every time I sell the price goes up. Last night I bought in with half my capital, so we should now see a period of stability  So basically you're the real world George Costanza  Actually the episode where George gets inside trading advice, he ends up holding out while Jerry sold while the stock was plummeting, a week or so later George was rollin in money and smoking cigars. Hah, I forgot about that episode. I was actually thinking about the one where George realizes every decision in his life has been wrong and decides to do the opposite of what his intuition tells him to do. |
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I have used the scientific method (hypothesis followed by experiment). It's pretty simple actually: Every time I buy the price goes down. Every time I sell the price goes up. Last night I bought in with half my capital, so we should now see a period of stability So basically you're the real world George Costanza |
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So they have a patent on money changing? I thought Jesus had prior art.
Apple is the new Al Gore. They invented everything. |
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Well since banks don't lend out depositor money but rather create new money through loans and fractional reserve banking... I didn't think along those lines. I suppose there could be a bank that offers loans with interest rates for bitcoins.
Of course they lend out depositor money, where do you think the "reserves" in fractional reserves comes from? From deposits. Reserves are deposits and whatever they lend out is money they create. The fractional reserve originally meant how much gold backs up the money. Now it means how many deposits (which are considered reserves) there are which determines how much new money (through loans) can be given. If all banks did was lend out other peoples money then there wouldn't be any "fractional reserve" since everything would be a reserve. And............. there wouldn't be any money since that is the mechanism which creates money and if it didn't exist we wouldn't have any. Of course what this means is that a bitcoin bank that did lend out couldn't lend out in excess of it's reserves. So that automatically limits it's profits as compared to a regular bank that simply creates money and charges interest on that money it creates. But it could still probably be profitable since the way regular banks do it I would consider to be evilly profitable. Reserves are a percentage of deposits banks are required to hold as mandated by a central bank (The Fed in the case of the US). The rest of the deposits are loaned out. You said, "banks don't lend out depositor money" which is incorrect. Banks do not lend out reserves but they most certainly lend against deposits. From wikipedia: Fractional-reserve banking is the practice whereby banks retain only a portion of their customers' deposits as readily available reserves (currency or deposits at the central bank) from which to satisfy demands for payment. The remainder of customer-deposited funds is used to fund investments or loans the bank makes to other customers.Most of these loaned funds are later redeposited into banks, allowing further lending. Thus, fractional-reserve banking permits the money supply to grow to a multiple of the underlying reserves of base money originally created by the central bank. |
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Is there anything else I should be doing to better secure my wallet?
Keeping your bitcoins on securely produced paper wallets and only importing the ones you immediately intend to spend. 100% effective. Second only to total abstinence from bitcoin. You can never lose more BTC than you have online at any given time. I would, but I am afraid of fire or forgetfulness wiping out my Bitcoin savings in such a case. You could always make multiple copies and keep it in separate places (safety deposit box, home safe, etc.). Cypherdoc (at the suggestion of someone else whose name escapes me) had a good suggestion of creating a paper wallet, covering it with construction paper, then laminating it. It will not protect you from theft or fire obviously, but it does offer a greater deal of protection than just a piece of paper. |
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I'll take competition over a monopoly any day. If a technology such as Bitcoin is as good as we all think it is, it will stand up to the competition just fine. If it fails to something superior, that's the way it should be.
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Its a numbers thing this loan is about 84 usd while my id is potentially worth thousands. Does that make some sense?
If you need to borrow eighty dollars, your ID is probably not worth thousands.  So wait let me get this straight. Its not possible to get multiple credit cards in someones name and then spend money that they become liable for? Yes, it is possible. For credit cards, your maximum liability would be $50. http://www.consumer.ftc.gov/articles/0213-lost-or-stolen-credit-atm-and-debit-cardsThanks also that $50 is if you catch it in the first 2 days. The website you just posted says that after 2 days you are liable for up to $600. All discussion of id theft liability aside would a trusted member be able if they so desired to take my btcjam account as collateral? If you read more carefully that's for a lost debit card. Credit cards are capped. Anyway, goodluck with the loan. |
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Its a numbers thing this loan is about 84 usd while my id is potentially worth thousands. Does that make some sense?
If you need to borrow eighty dollars, your ID is probably not worth thousands. So wait let me get this straight. Its not possible to get multiple credit cards in someones name and then spend money that they become liable for? Yes, it is possible. For credit cards, your maximum liability would be $50. http://www.consumer.ftc.gov/articles/0213-lost-or-stolen-credit-atm-and-debit-cards |
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Its a numbers thing this loan is about 84 usd while my id is potentially worth thousands. Does that make some sense?
If you need to borrow eighty dollars, your ID is probably not worth thousands. |
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To me, "free play" is a bit misleading as it's not really free. If you need to spend 1BTC to use it, that's not free. I think calling it a bonus play or something similar is a bit more accurate. Also there's a typo on the ticket page: You will be able to use only one free play for each BTC you bet on your next ticket. Some of your free plays will expire if not use within the next 100 Blocks. Use them Now! |
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i already use paper wallets. just dont use inkjet as they fade after a few years. use laser printers and then seal the design using a fixative, which is a kind of varnish.
my design is like a bitcoin bearer bond. you could also get the private key etched into a piece of jewellery or a piece of metal. to ensure lastability beyond the risks of paper. store it safe!! go lo-tech (not on a computer or digital format.)
just dont rely on digital data storage. or online services that decode brain wallets. as they may not be available to download in 20 years and the offline storage of the decoder you kept in such an event may have become corrupted.
and remember to put details of the inheritance/childs trust fund in your Will if you want to keep it as a surprise. or they may never find out about it.
proudhon gave me a great idea which i adapted; print the paper wallet using Armory, cut it into a smaller piece, folded it once, wrap it in a piece of construction paper so it can't be seen and then laminate both sides. i'm sure it protects somewhat from oxidative damage to the print and it can be stuffed in a safe deposit box if desired. Guess I didn't read the thread well enough since you posted the same suggestion. I never thought about covering it with construction paper or some other medium. The only thing I would worry about with that is you can't really inspect the paper so if it is degrading over time you would never know it until you opened it up. which is why i used colored construction paper to see if it fades. Makes sense. |
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You don't need to trade the actual gold to have a currency based on gold (or silver or any other hard asset). The alternative would be certificates that represent gold, and I don't mean the fractional reserve type that lead to bank runs either. I mean you have a right to the actual metal. Peter Schiff has already started something like this, though it is not available in the USA. http://www.youtube.com/watch?v=goI8rAAJKtE#t=9m33sI was responding to the OP. Use gold as in private coinage, coins used in day to day trade, free exhange, free import and export. I took this to mean the use of actual gold coins. |
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Use gold as in private coinage, coins used in day to day trade, free exhange, free import and export. I don't ever see this happening. A return to the gold standard I can see but using physical gold as a medium of exchange isn't feasible on a a large scale. |
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