What is the one-minute distillation of this thread?
Any takers.
"Bitcoin community at large is still oblivious of the fact they are actualy testing and improving our proposed one world currency system."  "Bitcoin can be a real danger if it grows and we don't really know what to do about it once it does." |
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I noticed that the ECB never referred to Bitcoin as a commodity or as commodity money. I think that is significant, legally.
They acknowledge the philosophy was inspired by the gold standard but their charts exclude gold. If you put gold in the charts and remove SLL it would provide a more constructive comparison (USD vs BTC vs GOLD)
I've never understood the notion of bitcoin as a commodity. Money, in the abstract sense, is value that you have given to society, that you have not yet redeemed. It is a token of a half-completed trade. Bitcoin is an excellent implementation of that abstract idea. I don't see how bitcoin fulfills this. Not that the early adopters and inventors of bitcoin don't "deserve" the many coins they have, but they have not received that as compensation for having given anything to society. The same goes for fiat: what value has the ECB/FED/govt given to society that justifies them being able to redeem the enormous sums they print up? With fiat, money is debt. With bitcoin it's a commodity ("some finitely available thing", at least). Your abstract idea of bookkeeping who owes what or is owed by "society" is pretty,.. well: abstract and not very applicable anywhere I'm looking. Bitcoin is an excellent implementation of something different. It can't be an implementation of what you talk about, because bitcoin has no concept of "value being give to society". I think you might be talking about karma. :-) |
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That's the idea, after all you can just order issue #1 for USD 8.88
Where? ooops, you're right, it's out of stock ( http://bitcoinmagazine.net/subscribe/). I heard they'll reprint #1. no sure, though. Vladimir? |
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@molecular
Ich hab gleich verstanden was Du meinst, und Du hattest (hast) völlig Recht. Nicht aufregen, bringt nichts.
ach, ab und zu tut's auch mal gut. Aber du hast schon recht... sowas eskaliert leicht und vergiftet threads. Sollte mich zügeln. |
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Das beantwortet unsere Fragen leider nicht.
Tais46: Vielleicht etwas weniger prahlen (Konto hat 500000 standgehalten usw) dafür mehr nützliche Infos mitteilen.
Ich glaube er meinte, daß Intersango 500,000 € Volumen über dieses Konto abgewickelt habe. Was redest du hier eingentlich für einen Unsinn? Erst behauptest du, dass er kein polnisches Konto hat und erzählst was von einer nicht existierenden Bank. Jetzt behauptest du Intersango hätte die 500,000 abgewickelt? Er sagt doch ganz klar, dassüber SEIN Konto das Geld gelaufen ist. wie bitte? Er sagt dies: Das Polnische Konto (Bank Zachodni WBK S.A.) hat bereits über 500.000 EUR stand gehalten und wird es auch weiter hin tun  Sie sind einfach die besten. wo steht da, es sei "sein Konto"? Mag wohl sein, daß ich hier Dinge falsch interpretiere. Ich habe allerdings garnichts behauptet sondern immer gesagt: "Ich glaube...". Wer lesen kann ist klar im Vorteil. Und außerdem: was schlägst du hier bitte für einen Ton an? Wir sind im Bitcoin Forum, da benimmt man sich. |
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Read through the comments on each, and something has changed over there. Most mentions of bitcoin prior to that had a lot of trolls and one-offs very cynical about the entire idea. Now, I see that there are people actually discussing it, and willing to put forth explanations to those with the 'newbie' questions on bitcoin.
I suggested over there that someone setup a gold/bitcoin service for Precious Metals hoarders. Perhaps a light bulb will light up for someone who already has 'stacked' their stash, but wants to trade some excess.
Exciting times, for sure.
Coinabul.com can the metal-blockheads SELL some of their precious coins/bars on coinabul.com and GET some precious bits for them? These folk tend to be low on fiat. |
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ECB will need to print trillions of euros to save Spain and Greece - of course they are afraid of crypto currencies that CANT be printed to infinity.
It's interesting how zerohedge says these are incomparably bigger problems for the ECB than bitcoin. I think they might blow up for them sooner than bitcoin, but it's entirely possible that these will be dwarfed by the problem bitcoin will create for the ECB and fiat currencies (mainly: death) and the greek and spanish bond market troubles might turn out to be mere footnotes in the history books. |
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Since when does libertariannews report on bitcoin (bashing)? It sounds like they've been "in the boat" for a while, but I didn't notice them putting anything out about bitcoin? Ooops, I take that back, using their site search one case see they've been mentioning bitcoin frequently since October 2009. Cool. |
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I would recommend NOT sending donations to the coin. This would be giving them reasons to take the coin down. Likewise, I would recommend leaving them alone!
It is very nice that they chose to display this coin. Please don't make them regret it. They are likely doing so as part of an exhibit on the history of money, not because they want to use their good name to endorse Bitcoin. If their choice to display it comes with a paparazzi, or a perceived legal or accounting burden (the same way if I mailed a coin to the EFF and put the address in a forum post that said "look everybody donate to the EFF through this coin") or they start to feel like they're being made into a billboard, the only thing that could do is motivate them to take it down.
I think they should even put a little live-display below the coin showing the balance in real-time. They put it on display and bitcoin is something refreshingly new amongst all these old silver coins. Why hide that fact? This coin is alive! I don't really share your concerns. The value of other stuff in their collection probably changes over time, too. I honor the fact that you donated the coins to them and will follow your recommendation and not send any MORE donation than I already sent and I will not pester them with more emails. After all, you made this happen and I don't want to risk spoiling it.
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tldr; Title: "The Gloom of Central Banking" by Tuur Demeester. They are well aware and sincerely afraid of Bitcoin and they don't know what to do about it. A nice read. |
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It has been a while to remember for certain, but I could see myself likely having sent them a peeled specimen, knowing they'd be unlikely to want to destroy a specimen themselves just to see what was inside.
In such a case, I'd have deliberately funded the coin and then removed the funds myself.
Knowing the date, I'd have done it from MtGox, the only decent option available at the time, which remembers private keys and sweeps new incoming balances. So I probably have 0.01234567 or whatever in my MtGox account now (or whatever the date of that transaction was).
that explains it. also: you have 2 x 0.01234567, because I accidentally sent twice  . I'm really making too many mistakes today and should not touch my wallet any more for now . EDIT: Mike, consider that money a donation, please. |
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Edit: Cool that one can see the addresses of the 4 donated to them on the large BM inventory pics, I will send them a few Satoshis or coins to 1NyVMo79Vanhbu92MpPQgCbu9MDV5a4NhW when next drinking & feeling flush. FirstBits: 1P5mrivM for 1P5mrivMGaLoXiMjJmN56sBsyANEYiw3mE <- REDEEMED FirstBits: 1NyQJk2W for 1NyQJk2Wh1YVnp6pxpBux4W35TFyd4Avpj FirstBits: 1NyVMo79 for 1NyVMo79Vanhbu92MpPQgCbu9MDV5a4NhW <--- visible on their display FirstBits: 1Caqfyjn is in a different style which seems harder to make it out but finally got it for 1Caqfyjn3KigaSPFdcYrjJqjpYZoXvxCPz good choice to send to 1NyVMo79. Stupid me sent to the coin that had been redeemed already (see my previous post). |
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Awesome. They are asking for additional info on the object, so I sent them the following email: TO: collectiondatabase@thebritishmuseum.ac.ukSUBJECT: Feedback on object record (CJE305673) Dear British Museum, I am very happy you own a Casascius Physical Bitcoin (your collection ID: CJE305673) and currently display it to the public. I have additional information regarding the coin: * The hologram is printed with a so-called firstbits address: 1P5mrivM * The public Address of this coin (it is functionally a so-called "offline bitcoin wallet") is: 1P5mrivMGaLoXiMjJmN56sBsyANEYiw3mE * The current balance of the coin can be seen here: http://blockchain.info/address/1P5mrivMGaLoXiMjJmN56sBsyANEYiw3mE * The coin has received 2 transactions of amount BTC 0.01234567 each on November 4th 2012. * The balance as of November 4th 2012 is: BTC 1.02469134 I would be happy if you could add this information (or parts of it) to your database. thanks again, molecular EDIT: what the crap?!? The coin was redeemed (way back in 2011 or earlier). I didn't notice this ;| I guess Mike gave them a coin that had the hologram peeled off. One can even see that in the pic: http://www.britishmuseum.org/collectionimages/AN01156/AN01156701_001_l.jpgI misinformed them. I sent them another e-mail correcting my info. It seems Mike (or whoever has the private key) is running a bot of some sort that passes on any bitcoins sent to the invalidated coin? |
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blödsinn, da ist ja nix zum installieren, ist eine reine web-anwendung.
hast sicher nen paranoiden webfilter, der die domain in ner blacklist hat oder sowas.
kommt "bitcoin" auf der Seite vor => GEFAHR! ILLEGAL! KRIMINELLE AM START! |
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Bitcoin helped to take me from minarchist to market-anarchist. I was infected by the community and exposed to the likes of Stefan Molyneux, who really made the case for no-state.
Can you expand on why? Minarchist sounds like a very reasonable position and I wonder what benefits full blown anarchism would have over a minimal state. Stefan Molyneux recently made the argument in an interview (with VisionVictory, I think, search youtube), that a small state always has the tendency to grow so we would always end up with big government once again. I'm not sure a state can be kept small. |
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Yes, most definitely bitcoin changed the way I think about many things and educated me about a whole lot of topics.
It might also turn me into some kind of a radical... but not quite yet.
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Hi there,
I ran across a Bit Coin auction on Ebay and got intrigued. I love the premise of a new currency. Ironically, some of the best information and excitement I got about BC came from the ECB document.
haha, that's pretty awesome: the ECB helping us out with generating new users. I am pretty smart and have somewhat above average computer skills, but I have yet to figure out the safest and most comfortable way to get Bit Coins. I am leaning towards the Armory or possible the unfunded physical forms. I still have to research more.
I prefer electrum as a wallet myself. It's a light client that makes use of servers to provide blockchain-related info and inject transactions into the network, so it has a very low resource footprint. (I halso have other types of wallet: a brainwallet for my savings, for example. I also run the default satoshi client as long as my lowly computer can cope with the blockchain and I use BitcoinSpinner on the phone) You didn't really put the question of how to best acquire bitcoins, but let me suggest one pretty cool way: go to localbitcoins.com and find a local trader that will sell BTC to you for cash. It's a good no-paper-trail way to get coins, plus as an added bonus you get to meet a bitcoiner |
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Hey guys, I'm still following what's happening here and I still very much like vanitypool.
One question: Would it be technically feasable to reduce the dependance on luck by accepting solutions to "lower-difficulty" sub-patterns (for example by omitting the last character) and then, once one of these solutions also matches the "real pattern", distribute the reward amongst the providers of these lower-difficulty solutions.
I'm sure you've pondered this, right?
It would probably make me contribute again. Currently, there's just too much luck involved for me.
Yes, it is possible, but at the moment I don't have the time to implement it, not to mention that it could potentially drive up the costs of running the website a bit. Since I'm hosting this on Google App Engine, every read/write operation needs to be paid for. I tried implementing a pool on GAE that was keeping track of shares and my free quota didn't last very long with one miner. When the Pool will start generating a viable traffic I will look into implementing this solution. For now I'm looking into more fair work pricing, so that smaller addresses that don't take too long to mine would be more encouraged. Cool to see it's viable. Thanks for your hard work! EDIT: I wouldn't mind a fee to help paying for site operation. |
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-=ACHTUNG!!!=-
IST EIN VIRUS!!!
so'n kack! wallet stealer? |
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Hey guys, I'm still following what's happening here and I still very much like vanitypool.
One question: Would it be technically feasable to reduce the dependance on luck by accepting solutions to "lower-difficulty" sub-patterns (for example by omitting the last character) and then, once one of these solutions also matches the "real pattern", distribute the reward amongst the providers of these lower-difficulty solutions.
I'm sure you've pondered this, right?
It would probably make me contribute again. Currently, there's just too much luck involved for me.
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