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9001  Other / Off-topic / Re: Told a girl at work the internet tubes were blocked....... she believed me..... on: March 13, 2014, 05:57:52 AM
It's just like the Big Bang Theory
9002  Economy / Speculation / Re: I'm All In - Sold My House! on: March 13, 2014, 05:47:08 AM
Agree with what schmadz said it is now a trend to see people selling their houses in Bitcoin so you are not alone
Saw one in Red Deer going for around smooth million
So best of luck with your bitcoins I will only be a millionaire  in a few years Wink
http://news.nationalpost.com/2013/12/04/alberta-woman-willing-to-trade-1-million-property-for-bitcoins-the-volatile-new-digital-currency/
http://www.reddeeradvocate.com/business/Realtors_list_property_for_bitcoins_235088171.html
9003  Bitcoin / Bitcoin Discussion / Re: BTC vs. XBT on: March 13, 2014, 05:40:31 AM
@SoF, that's not even remotely relevant to the discussion, then, since it has nothing to do with branding, but with differing state regulations on gasoline where some refiners and manufacturers are more inclined to cater to certain markets with particular regulations.


Think you are correct I meant in terms of a liquid exchange the fungibility of gasoline should not matter rather bureaucratic regulations can make the same product become slightly different to address superficial concerns, perhaps that was a bad example in that case I mean the difference between shell gasoline husky gasoline Amoco gasoline Texaco when you go to a gas station.

What I was trying to illustrate was that bitcoin could be branded differently if different companies advertised different things about them, or do you not see any brand value attached towards it. I read label as brand.

That said I think I misread your response

I read your post as a marketing question not as people will buy BTC over XBT if your point was the name is different but they are the same thing then I agree with you, if the question was if different firms were selling escrowing or holding bitcoin and individuals had a choice then I think some premiums may be given to certain firms and organizations over others.

This is observable with the difference in rates among different exchanges although probably to a fairly insignificant level as other factors such as liquidity fees and ease of transferring assets come into play.

The most valuable factor of course being the Security aka the X as we saw with Mtgox the bitcoins are only as valuable as the amount remaining.

In other words I think branding is important in this case, if not naming.

Personally XBT or BTC I prefer BTC since it's the more familiar name and the one that's been in use for years.
9004  Bitcoin / Bitcoin Discussion / Re: High-frequency trading (HFT) coming to bitcoin on: March 13, 2014, 05:19:14 AM
This irritates me although if you look at the charts I think someone beat them to it already the spreads are very jagged and square shapes
Characteristic of an HFT bot

I just got done explaining why "HFT" barely effects price.  What chart are you talking about anyway?

Well after Gox died the HFT effect faded again but I was referring to
http://markets.blockchain.info/

If you were watching intra day trading a few weeks ago you could clearly see the trading patterns of API
9005  Bitcoin / Bitcoin Discussion / Re: High-frequency trading (HFT) coming to bitcoin on: March 12, 2014, 10:41:23 PM
This irritates me although if you look at the charts I think someone beat them to it already the spreads are very jagged and square shapes
Characteristic of an HFT bot
9006  Economy / Speculation / Re: I'm All In - Sold My House! on: March 12, 2014, 10:39:12 PM
so much aggression in this thread Huh

Grin Cheesy



Someone remembers the free hugs thread and darn I got caught  Cool
9007  Bitcoin / Bitcoin Discussion / Re: BTC vs. XBT on: March 12, 2014, 10:35:40 PM
Pointless discussion: we have the Internet. I didn't know many currency codes until I Googled them. It takes 5 seconds to do at most. "BTC currency code" -- You want to buy Bitcoin on a conventional, large exchange in the future, that's all it takes.

I really doubt anyone will give half a damn that some organization has labeled Bitcoin as coming from "X," partially because I doubt more than .001% of people will even know what the Hell "X" means.

Brand name bitcoins just like they brand name gasoline Kluge
It's essentially the same but they can advertise it differently
Brand-name gasoline??? That's gotta be a European thing. Cheesy

Nice try Kludge Smiley
I was thinking American and was alluding towards boutique fuels in particular gasoline
http://www.api.org/policy-and-issues/policy-items/alternatives/us_gasoline_requirements

Here is a times article on the topic
http://business.time.com/2007/05/31/boutique_gas_and_high_prices/
9008  Bitcoin / Bitcoin Discussion / Re: BTC vs. XBT on: March 12, 2014, 10:17:13 PM
Pointless discussion: we have the Internet. I didn't know many currency codes until I Googled them. It takes 5 seconds to do at most. "BTC currency code" -- You want to buy Bitcoin on a conventional, large exchange in the future, that's all it takes.

I really doubt anyone will give half a damn that some organization has labeled Bitcoin as coming from "X," partially because I doubt more than .001% of people will even know what the Hell "X" means.

Brand name bitcoins just like they brand name gasoline Kluge
It's essentially the same but they can advertise it differently
9009  Other / Beginners & Help / Re: New member. Hi all! on: March 12, 2014, 10:13:42 PM
I welcome you here since you seem human and not a spam bot  Cheesy
9010  Other / Beginners & Help / Re: will the bitcoin reach $1000 one day...? on: March 12, 2014, 06:54:46 AM
Expect June, July.

Or next week. 

Knowing the reaction of the community it could happen although I don't think overstock will boost it immediately after yet
But the effect will certainly be felt
9011  Other / Off-topic / Re: What will you do if... on: March 12, 2014, 06:48:07 AM
If you're on a plane that is already cruising at high altitude, and seated beside you are two men who are speaking to each other in a very low voice. But you can still overhear them talking about something that sounds like hijacking the plane, though you cannot clearly make out what they're really saying. What would you do? Huh

Go to the bathroom with the lady and get into the mile high club before its too late  Grin
9012  Economy / Speculation / Re: I'm All In - Sold My House! on: March 12, 2014, 06:45:03 AM
Hi All,

I have been following Bitcoin for over a year and was the first person ever to put my house for sale for bitcoin.

http://www.cbc.ca/newsblogs/yourcommunity/2013/03/alberta-man-accepting-bitcoins-in-exchange-for-home.html

Not sure if you followed my story from a year ago, but the house just sold on Friday, and will make the news tomorrow I suspect. When the house closed on Friday I got approximately 648 BTC for my house which is based on prices over the past 6 months when the deal was actively negotiated, legal fees, realtor fees, and a bunch of contract wording that I frankly don't understand. I am now all in! I really believe in bitcoin. It is the future of the world. I look forward to the continued price increase and one day I plan to own my own island. I will truly be a bitcoin billionaire by the time I am 25 I believe. This house was inherited from my father who passed away a few years ago and he always believed in me and told me I would make it big one day and so I shall. Wish me luck Smiley

Tay More

That Was you Congrats but please diversify your wallet holdings so as not to lose the assets in one foul harddrive sweep or in an online exchange like Mt.Gox
9013  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: March 12, 2014, 06:43:42 AM
I think they meant they miss hearing Friedcat speaking
Should be only a few more days based on his posting schedule
Somewhere mid month
9014  Other / Politics & Society / Re: Competing police forces/laws on: March 12, 2014, 06:40:50 AM
Anarchy forces an order and society to be built
Utopia is only as determined as the mindset
Given a charismatic leader in this scenario we could see dictatorships ruler-ships or a just society built
The question is what bias do they have originally entering into this experiment and whether they can over come those instincts together as a society

Then again this is the social covenant and their is only the island can't assume the geography so not sure if their is a mountain or if a Moat is possible to guard your house even when your away,  and the time it takes to build these fortifications before getting assaulted by others what the tech level and knowledge levels are as well are interesting variables as they could impact they fortifications security and design.
Left handed entrances so you can fight with your right hand maze type designs to get to your house with traps to dissuade visitors
All on an island of course ^^

Need more input to make a rational decision
In your case for all I know the gays are evil or the gays are good is it Roman based ideal or is it Puritan based

Either way couple of ideas
Isolationism
Protectionism
Or Mutual Reliance will occur
A fourth case can be made that one group will kill off the other group till hegemony is made so these type of issues are non-existent or the island is split into two as well with one group on one side and the other controlling that part with a strong border
Assuming resources to be the same else scenario 1 occurs


9015  Bitcoin / Bitcoin Discussion / Re: A Proposal for the Mitigation of Bitcoin's Linguistic Transaction Costs on: March 12, 2014, 06:29:36 AM
I think we will end up with a whole ton of names in each country for the same thing in the long run  heck it may even regionalize terms  Wink
9016  Other / Off-topic / Re: Answer the question above with a question. on: March 12, 2014, 06:27:36 AM

Is "addiction" to a hobby an addiction?

Not if you think your addiction is itself a hobby. Do you?

The sword makes everything correct even addictions so I hear do you believe in addictions?
9017  Economy / Securities / Re: ASICMINER Speculation Thread on: March 12, 2014, 04:29:33 AM
Guess that makes a strong argument for last week being variance and this week just an evening out
9018  Bitcoin / Bitcoin Discussion / Re: What to call 0.001 BTC? (5 BTC Bounty) on: March 12, 2014, 04:22:37 AM



This thread is 3 years old newbies!

Newbie hell awakens people again
Also love how I can tell old forum members had this on watchlist a long time ago Haha it happens ^_^
9019  Other / Off-topic / Re: Answer the question above with a question. on: March 12, 2014, 04:19:31 AM
I must now seek the solace of a warm bed and covers and say "Goodnight!", so why should I not?

Then others shall awaken to take your place am I not correct?
9020  Economy / Service Discussion / Re: blockchain.info down? on: March 11, 2014, 05:14:17 PM
http://blockchain.info/


We Will Be Back Shortly

Blockchain.info is currently down for maintenance. For status updates please see Twitter. Apologies for any inconvenience.
https://twitter.com/blockchain


Thanks looks like Blockchain is safe for another day so we can relax
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