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8801  Alternate cryptocurrencies / Altcoin Discussion / Re: Why Ethereum is garbage and must be stopped on: April 01, 2014, 04:50:30 AM
I dare you to come up with something better than Ethereum then, please enlighten us  Wink

I concur with this point the system is too new to just throw aside presently
Until I see a solution that addresses the financial system and volatility of bitcoins better and working I will consider the Ethereum project a possible outcome

That said #2 the fundraiser is a totally different issue and should be noted separately
8802  Economy / Speculation / Re: watch out Paypal ... Square accepts bitcoin now on: April 01, 2014, 04:42:38 AM

I haven't heard of square before myself but this seems to be interesting and attracting a lot of attention so neat

Although the first comment I read is that its an April fools joke in which case that would be in bad taste

OH DAMN need to watch out for tomorrow fake news feeds lol
8803  Other / Meta / Re: BFL bringing down the trust rating? on: April 01, 2014, 04:38:48 AM

It makes it look like he purchased something and never received it. If a new person comes along, they now ARE less likely to trade with me because of that.

I guess in a sense trust while being useful does bring about a fair bit of collateral damage just because of the way it was designed in the first place
8804  Economy / Trading Discussion / Re: Selling BTC at Ebay on: April 01, 2014, 04:37:31 AM
I tried selling dogecoin on ebay. The listing was up for about a week. I never made any sales, and ebay eventually deleted my listing, saying it was miscategorized (I gues I didn't put it in the "virtual" category). I saw other dogecoin sellers claim that they were selling a "penny" and that the dogecoins came along with the penny. These sellers were actually shipping a real penny to the buyers. I guess it worked for them, but seems silly.

That penny trick is just so that you can prove that you send something. In the end you are at paypal/ebays final decision, and in the past they are not very crypto friendly. Also 8-10% fees is just ridiculous for digital currency, but that is another story...

Well sell them a starter set comes with a CD guide and all the things you need to know about the currency
Then you can probably set a 2000-3000% premium on it



I am sure there are ways that work with a higher probability than just sending coins, but I don't get why anyone would wanna do that. Just use an exchange or localbtc

Well it targets the people who don't really understand crytocurrency and need the help setting up more than anything else
The ones with more knowledge will usually start off on an exchange or localbtc as you pointed out
8805  Bitcoin / Bitcoin Discussion / Re: When is enough, enough? on: April 01, 2014, 04:35:44 AM
Bitcoin adoption is a marathon, not a sprint. A lot of things still have to happen before it can start really penetrating the mainstream and in the meantime, the volatility will continue. This is something you need to take at least a five year outlook on. Some people day trade and they take the short term view, but in my opinion, the winners will be the ones who stuck it out.

I agree it definitely is more about perseverance and long holding than short term
Lots of people lost money in 2011 in 2012 and in 2013 and bitcoin still exists and has been growing stronger
No reason to back away now
8806  Other / Beginners & Help / Re: Cryptostock alternatives on: April 01, 2014, 02:35:33 AM
Forgot one its not really a stock of sorts but it is interesting as it is crowdfunding
Still growing though its an infant
https://banktothefuture.com/
8807  Bitcoin / Mining speculation / Re: Bitcoin price is down again. WHY ? on: April 01, 2014, 01:33:57 AM
Because google trends says so
Weirdly it reminds me of the price chart  Grin
http://www.google.com/trends/explore?q=bitcoin#q=bitcoin&cmpt=
8808  Economy / Speculation / Re: After the rain comes sun on: March 31, 2014, 11:30:08 PM
Here's a gratuitous bump from the bearish days last summer when BTC was down from 260 to about 70 for a few days.

Am I the only one to think there's a pattern to be continued here? Roll Eyes

Nope the longer your here the less concerned you tend to become about the price but instead focus on the fundamentals so you are not alone  

Shake the Weak Hands 
8809  Bitcoin / Bitcoin Discussion / Re: Bitcoin Island on: March 31, 2014, 11:28:55 PM
the guys that come up with these bitcoin island idea's are usually the guys that:
1. dont have the funds themselves (usually under 3BTC to their name)
2. have never bought real estate or land in their life
3. have no development skills to get water, electric, internet set up on such an island
4. will 99.999% most propably walk away with other peoples money.

instead of having some anonymous guy ask for you to "donate" to him for an island project. how about getting a island / land selling agent to accept bitcoin (a proper legal estate agent) and then people can by into that. or get richard branson to offer vacations on his island for bitcoin, with the intent(signed contract) he uses the funds to expand his island or buys a second island for community use.

only noobs would donate to a random guy on a forum that had a brainfart, but has no real experience in such a matter, nor the collateral to back up their idea

The random guy has been chosen

Franky do you want to go buy the island ^_^

But I agree this topic comes up a lot at least Finshaggy has a business plan for his bitcointown and a 16 set video series lol.
8810  Bitcoin / Bitcoin Discussion / Re: When is enough, enough? on: March 31, 2014, 11:25:04 PM
I started getting into Bitcoin early this year. First coin I bought was around $800, and now its around $450. I was just wondering when it will be enough for the people around here? What is you're "sign" that you have to cash out and say goodbye?

I'm asking because I don't want to step out and walk away. Not only have I invested a lot of my savings into this technology, but I believe in the technology and the positive impacts that it can give to the whole world. There's been countless bad news since I started getting into Bitcoin, and recently, there has been a lot of good news, but the prices are still going down... I think for me, if doesn't get the right recognition/acceptance/price by the end of the year, I'm out. Probably keeping one BTC, but mostly try to get back what I spent.

Don't get me wrong, I would love to be in this for the long haul, but if I've already lost enough that it would only lead to stress and financial problems, I'll be thinking twice. Right now I still believe in Bitcoin, and it sucks that most people are ignorant and disregard this new technology, and its hurting us.

So what is it? What is you're "I'M DONE" sign?

I guess 45 dollars lol....
But probably 1800 Is enough for me to feel satisfied and get rid of a few coins
8811  Other / Off-topic / Re: What is your Wish? on: March 31, 2014, 11:15:33 PM
To be immortal, ouch, did i hurt your feeling?
BECAREFUL WHAT YOU WISH FOR!!

I am not sure is being immortal really cool - If I will had at least one immortal friend / gf with me - then it might be fun Smiley
Otherwise, boring and sad when you look at all your friends dying.


Or you can do not have any friends Smiley then it will be sad too.


Well being immortal you can probably become super smart and find a way to extend lifespans helps that we are in the digital age and that starts to become a feasibility heck extend their lives to 5000 years and we start getting into LOTR Smiley.
8812  Alternate cryptocurrencies / Altcoin Discussion / Re: Good name for a coin? on: March 31, 2014, 11:14:12 PM
cum coin
We've kept it clean for 22 pages. I think it's an achievment.

Really wasn't checking each page but that is worthy of note

I think he meant Cumin Coin (Yes the plant XD)
8813  Bitcoin / Bitcoin Discussion / Re: Question about wallet hacking on: March 31, 2014, 08:17:21 PM
OP, was it the fake blockchain site that got you?

The user has been AFK since yesterday so I guess we will need to wait for him to log in and confirm or deny that question
8814  Economy / Speculation / Re: Don't worry if you bought Bitcoins at higher prices! on: March 31, 2014, 08:14:15 PM
If you're a trader who's holding, yep you've lost a ton of money.

If you're a long term believer in bitcoin, the best thing to do is go into cold storage and just walk away for a while. There are better things to do with your life than watch short term fluctuations (I take the same approach to stocks, some of my best positions are ones I haven't touched in a few years and look at maybe once every few months.)

Honestly if your in for a year this price is still well in the green since you bought in the 90-250 range and just have been cruising the whole time
Its the more recent holders that are taking risks or the older users increasing their positions at this price
8815  Economy / Speculation / Re: Don't worry if you bought Bitcoins at higher prices! on: March 31, 2014, 07:44:35 PM
Bitcoin is always a volatile asset it is as much an adoption scale as much as it is users putting money into the system
Increased adoption reflects the price and volatility reflects the positions of peoples preferences over time
Linking them together will take time
8816  Other / Off-topic / Re: Answer the question above with a question. on: March 31, 2014, 07:29:38 PM
perhaps because one is confused, don't you think?

Is a confused face a question in itself?
8817  Economy / Services / Re: ★★★ HIGHEST SIGNATURE PAYMENT ON THE BOARD - NEW RATES FOR APRIL ★★★ on: March 31, 2014, 07:26:56 PM
for next month ritz dicreses per post count for "MEMBERS" but increases for above .. which little bit annoying for me  Sad
Think of it like this. If Ritz pays tomorrow, other campaigns will have to rise their rates to compete, which might push these up a bit as well. Smiley

That and if the exchange rate keeps dropping we might see consistently higher rates for a period before the price starts reestablishing itself
8818  Economy / Speculation / Re: the China PBOC event explained on: March 31, 2014, 08:23:02 AM
Honestly the news with Russia and China regarding Sanctions and world affairs against the US might make them change their policy
Weird factors in play
8819  Bitcoin / Bitcoin Discussion / Re: Bye Bye Bitcoin..... Really??? on: March 31, 2014, 08:18:40 AM
http://www.macrobusiness.com.au/2014/03/bye-bye-bitcoin/

I know that ignorance is a bliss, or so they say but....
Give us a break here!
Why are governments and the media run by ignorant people?

Any comments?



Because the majority of people who do productive work are already hired creating jobs industries and other things and this is what is left once the innovators are doing something else

That's a bit mean as a generalization but the media has been trained to have bias over the years
8820  Other / Beginners & Help / Re: What should i do with my $1100 on: March 31, 2014, 08:17:41 AM
Personally I am joining the crowd and saying buy Bitcoins now and then maybe buy a Gen 3 Asicminer later
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