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861  Bitcoin / Bitcoin Discussion / Re: Can we all stop feeding the trolls? on: June 12, 2011, 03:02:32 AM

Could we just get their Bitcoin addresses (like PM trolls telling them you will donate), and then DDOS the hell out of them?? Then they will never receive money with the same wallet ever again, and hopefully leave here as well.
you're talk about serious criminal offense.

It is a global network, there is no way to know if they are US based from their wallet address. It's not a federal crime to DDOS foreigners, and also Bitcoin is legally gray anyways.
862  Bitcoin / Bitcoin Discussion / Re: Can we all stop feeding the trolls? on: June 12, 2011, 02:55:38 AM

Could we just get their Bitcoin addresses (like PM trolls telling them you will donate), and then DDOS the hell out of them?? Then they will never receive money with the same wallet ever again, and hopefully leave here as well.
863  Bitcoin / Bitcoin Discussion / Re: Hey ppl behind forum.bitcoin.org... can we help? on: June 12, 2011, 02:33:58 AM
... with moderation?

Maybe you need an official moderation document describing what and what not is allowed on the forum?  Maybe the dedicated people you have here would be willing to help?

Maybe you need to add a few more dedicated long term people to the moderation pool?

Maybe you could write to us a little?



They are all rich with their 10s of thousands of bitcoins, many of which they sold today. Why do you think they care?
864  Bitcoin / Bitcoin Discussion / Re: Can we all stop feeding the trolls? on: June 12, 2011, 02:17:05 AM
I made a graph of the problem.

      Time vs Quality of Posts
= +
=    +
=       +
=         +
=           +
=             +
=                +
=                   + (6/11/11)
=                      
=                    
======================================
                       Time


As you can see, it will only get worse. It's really hard for newcomers here because of all of the trolling. Something needs to be done. Maybe we need a karma system, like reddit, so that the higher-quality posts rise to the top.

Please donate if you like the graph/idea (addr in sig).
865  Bitcoin / Bitcoin Discussion / Re: Can we all stop feeding the trolls? on: June 12, 2011, 01:55:19 AM
Just stop responding to them.  Think of this as growing pains, it sucks now, but we're going to be stronger/faster.

I would be very interested in a more serious, invite only message board/system.  It seems that much of irc has also become polluted.

This is like when the influx of people from AOL in 1993 ruined Usenet. http://en.wikipedia.org/wiki/Eternal_September
866  Bitcoin / Bitcoin Discussion / Re: Mtgox high frequency trading. on: June 12, 2011, 01:53:59 AM
This would be great. Please make one. (seriously)
867  Bitcoin / Bitcoin Discussion / Re: Will bitcoin go below $10 by tomorrow morning? on: June 11, 2011, 11:16:58 PM
I am philosophically against selling Bitcoins, I only buy.
868  Bitcoin / Bitcoin Discussion / Re: So when will the drop in price stop? on: June 11, 2011, 11:11:36 PM
Hopefully 0, so I can be the only person mining, and then I will be awesome.
869  Bitcoin / Bitcoin Discussion / Re: Can trolls affect a solid currency? on: June 11, 2011, 11:10:43 PM
Remember that time in Boston when a bunch of trolls threw tea into the Harbor? They sure had an effect.
870  Bitcoin / Bitcoin Discussion / Collapse or correction? on: June 11, 2011, 10:42:54 PM


I think it is a correction. It still fits the general trend of the curve, going back this month and further.
871  Economy / Economics / Re: What just happened? on: June 11, 2011, 10:13:49 PM
What caused BTC to crash by $9 so far?

Bush did it.
872  Bitcoin / Bitcoin Discussion / Re: Does lack of coin recovery mean bitcoins fate is sealed? on: June 11, 2011, 10:11:14 PM
What happens if a Spanish galleon full of gold sinks in transit in a storm? Is it the end of gold??
http://en.wikipedia.org/wiki/Submarine

Gold didn't crash in the centuries before they had this sophisticated technology.
873  Bitcoin / Bitcoin Discussion / Re: Is the bubble exploding right in front of us?! on: June 11, 2011, 10:08:17 PM
I really believed in the bitcoins concept, but now it looks like a sad bubble that is about to explode in any moment. I almost put money when it was 30, but luckily I couldn't manage going to the back to do the wire. Sometimes when you feel unlucky you find out later that you were lucky.

At present, Bitcoin is useful as a transactional currency, but it is too volatile to be used as a long term store of wealth or as an investment.

So one should not "put money into Bitcoin," unless it is for fun, and it is speculative capital you don't mind losing.



Bitcoin is not backed up by anything, so when one card falls all the building collapses.


What is gold backed by?

By itself. Gold is a commodity that has demand regardless of any currency.

LOL. ok, you win the debate, I will go back to watching Camelot.
874  Bitcoin / Bitcoin Discussion / Re: Is the bubble exploding right in front of us?! on: June 11, 2011, 10:07:36 PM
Bitcoin is not backed up by anything, so when one card falls all the building collapses.

So when gold collapses, what does it fall back to? Its commodity value?

I think his implication is that gold is backed by other currencies, which happen to be backed by gold.
875  Bitcoin / Bitcoin Discussion / Re: Is the bubble exploding right in front of us?! on: June 11, 2011, 10:06:26 PM
I really believed in the bitcoins concept, but now it looks like a sad bubble that is about to explode in any moment. I almost put money when it was 30, but luckily I couldn't manage going to the back to do the wire. Sometimes when you feel unlucky you find out later that you were lucky.

At present, Bitcoin is useful as a transactional currency, but it is too volatile to be used as a long term store of wealth or as an investment.

So one should not "put money into Bitcoin," unless it is for fun, and it is speculative capital you don't mind losing.



Bitcoin is not backed up by anything, so when one card falls all the building collapses.


What is gold backed by?
876  Bitcoin / Bitcoin Discussion / Re: conspiracy about today's crash on: June 11, 2011, 10:05:35 PM
It was all the people in Wall Street, the Obama administration, etc. all conspiring to steal our money. They just did it again, and will get away with it, because in the Bitcoin realm nobody has any accountibility. C
877  Bitcoin / Bitcoin Discussion / Re: Is the bubble exploding right in front of us?! on: June 11, 2011, 10:04:13 PM
It's going back all the way down to 0. Everyone will stop trading, turn off the thousands of graphics cards, uninstall the client, etc. Exactly the same thing happened with egold.

Good, then I can mine bunch all by myself Smiley

You and me both. We can have a 2 person economy.  Grin
878  Bitcoin / Bitcoin Discussion / Re: Does lack of coin recovery mean bitcoins fate is sealed? on: June 11, 2011, 10:02:29 PM
What happens if a Spanish galleon full of gold sinks in transit in a storm? Is it the end of gold??
879  Bitcoin / Bitcoin Discussion / Re: Is the bubble exploding right in front of us?! on: June 11, 2011, 09:52:16 PM
It's going back all the way down to 0. Everyone will stop trading, turn off the thousands of graphics cards, uninstall the client, etc. Exactly the same thing happened with egold.
880  Bitcoin / Bitcoin Discussion / Re: Almost one per cent of the bigcoins in circulation were released today! on: June 11, 2011, 09:28:14 PM
release of 1% causes a 110% price drop....

Check that math... $20 minus 110 percent equals... negative $22.

$10->$20 = 100% increase
$20->$10 = 50% decrease

True, but you forgot to mention the assumption that you are only dealing in base 10.
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