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9181  Bitcoin / Bitcoin Discussion / Re: Trace Mayers - No Taxes/No Reporting???? on: May 03, 2013, 01:39:28 AM
Haha.  You better get an accountant.

Why would I need an accountant. I am the one giving away my bitcoins as gifts.

9182  Bitcoin / Bitcoin Discussion / Re: BitcoinATM to be unveiled on Thursday in San Diego on: May 03, 2013, 12:26:40 AM
So did this actually ever happen?

Looks like it will be next Thursday.
9183  Bitcoin / Bitcoin Discussion / Re: BitcoinATM to be unveiled on Thursday in San Diego on: May 02, 2013, 11:35:10 PM
I still call feathers in hats 'macaroni'.
9184  Economy / Speculation / Re: Wall of Fame: Quotes of Bold Predictions on: May 02, 2013, 11:33:15 PM
Bitcoin will be worth over $10,000 by the end of 2016.
9185  Alternate cryptocurrencies / Altcoin Discussion / Re: [StableCoin] Looking for inflationary cryptocurrency developer (3 btc bounty) on: May 02, 2013, 11:30:52 PM
Bitcoin will be inflationary for the next 100+ years.

I have discussed this at length and it simply isn't true.

Quote
The problem with #1 is that bicoins can be permanently lost, and there is a hard cap on the amount of bitcoins. That means that there will eventually be more bitcoin lost than are generated by block reward. This should be known as the 'Sweft point' where bitcoin turns into a deflationary currency from an inflationary one. Thus, to believe that transactions will increase as coins are lost, aka deflation, is not a sound proposition.
Please read.

https://bitcointalk.org/index.php?topic=12109.0

Bitcoins that are lost still exist. The fact that more bitcoins are created means their amount of bitcoins is inflating for over 100 years.
9186  Alternate cryptocurrencies / Altcoin Discussion / Re: [StableCoin] Looking for inflationary cryptocurrency developer (3 btc bounty) on: May 02, 2013, 10:50:33 PM
Bitcoin will be inflationary for the next 100+ years.
9187  Bitcoin / Bitcoin Discussion / BitcoinATM to be unveiled on Thursday in San Diego on: May 02, 2013, 10:43:27 PM
http://www.10news.com/news/worlds-first-bitcoin-atm-coming-to-san-diego-050213

Users will be able to make deposits and/or withdrawals from their Bitcoin wallets by walking up to a Bitcoin ATM and using a QR code or by entering your personalized Bitcoin wallet address -- then go shopping online.
 
The world's first Bitcoin ATM will be unveiled in San Diego Thursday, and the Company will show 10News how it works and the idea behind Bitcoin.
 

9188  Bitcoin / Bitcoin Discussion / Mother's Day ideas? on: May 02, 2013, 10:38:13 PM
I guess Mother's Day is in a few weeks.

Post some good ideas of what to get mom this year using bitcoins.
9189  Bitcoin / Bitcoin Discussion / Re: help forbes reporter live off bitcoins on: May 02, 2013, 09:55:29 PM

I e-mailed that link to her. She said she was going to use it but found this:

Quote
Update - 4/25/2013

Thank you all for checking us out. We are currently working on restructuring our payment backend to be in full compliance with all government regulations. We will be back up as soon as all our ducks are in a row.

-The BillPayForCoins Team
9190  Bitcoin / Bitcoin Discussion / Re: Trace Mayers - No Taxes/No Reporting???? on: May 02, 2013, 09:28:26 PM
Gifts that are exempt from income taxes:
  • Gifts that are not more than the annual exclusion for the calendar year ($14,000 per recipient for 2013)
  • Gifts to a political organization for its use
  • Gifts to charities
  • Gifts to one's (US Citizen) spouse

To anyone I give bitcoins to...that is my gift to you.
9191  Bitcoin / Bitcoin Discussion / Re: Bitcoin Space Program on: May 01, 2013, 10:56:38 PM
We would need a logo like this:

9192  Bitcoin / Bitcoin Discussion / Re: help forbes reporter live off bitcoins on: May 01, 2013, 10:26:21 PM
I e-mailed her some ways of getting by on just spending bitcoins. With bitspend and the ability to buy so many things online in San Francisco it should not be too difficult.

The spin of the story so far is "oh my gosh it's such torture having to limit myself to only using Bitcoin...not yet ready for public use".

The headline could also read "Someone with very little knowledge of Bitcoin tries to do things most experienced Bitcoin users do not do, with no preparation."

The wired magazine guy who did a story on how to disappear at least was given some lead time to prepare.

The Forbes reporter could have ordered a starbucks card and a bus pass and used bitspend to top them up as needed throughout the week. Could have ordered an OKPay card. Could have ordered a pre-paid phone with cards that could be topped up.

She could do a month easy by taking a week to get things prepared.
9193  Economy / Speculation / Re: welcome to 2011, where sr affects the price of btc. on: May 01, 2013, 09:20:10 PM
In 2011 Silk Road was about 80-90% of Bitcoin transactions. Today it is closer to 20-30%.

Illegal transactions are actually a good thing, it shows that the system works.

When the government is going home to home confiscating weapons and bibles you will want a currency that can buy things the government does not like.
9194  Bitcoin / Bitcoin Discussion / Re: Bitcoin Island/City and More on: May 01, 2013, 08:56:11 PM
You forgot to add this to the poll choices:

"Centralizing bitcoiners goes against everything bitcoin is about."

Lemme know when you've added that so I can vote for it.

That is why I never go to Bitcoin meetups. A small group of people getting together is centralization.

I am such a big Bitcoin supporter that I check the localbitcoins map and try to find the location furthest from everyone else to help with Bitcoin decentralization.
9195  Other / Off-topic / Re: Just had to get this off my chest: on: May 01, 2013, 08:52:12 PM
Those same people are pessimistic about all new technology and will be in the same boat for everything in their lives.

The thing is, most of the early adopters did not just buy a few thousand bitcoins and then just sit back and wait. Most of them played an active role in getting Bitcoin to where it is today.

Those people complaining could easily put in the same effort into something else with the same amount of people putting in the effort and reaping the rewards.

If the same people that created Bitcoin had put the same effort into curing cancer and benefitted from the sale of the cure those same people would be complaining about those greedy cancer curers.
9196  Alternate cryptocurrencies / Altcoin Discussion / Re: When is the next coin coming out? on: April 30, 2013, 11:26:34 PM
I am working on HeliumCoin. It has 4 times as many coins as FeatherCoin. So it is even lighter.
9197  Other / Off-topic / Re: Bitcoin market manipulator and DDOS attacker suspect identified on: April 30, 2013, 08:43:00 PM
He is openly laughing at us.

Sickening.
9198  Bitcoin / Bitcoin Discussion / Re: WTF - Kiddy Porn in the Blockchain for life? on: April 30, 2013, 08:34:17 PM
if you openly talk about the bonus army thing in the U.S, most likely nobody will give a damn. If you openly talk about the Tiananmen Massacre in China, mostly like you will be in for some big problems.

Maybe because the Chinese people would actually give a damn.
9199  Bitcoin / Bitcoin Discussion / Re: FEE'S, explained (please help) on: April 30, 2013, 10:44:05 AM
I believe they reduced the default fee in the latest client release. But it would be up to miners to accept/reject/delay blocks with too low of fees.
9200  Bitcoin / Bitcoin Discussion / Re: WTF - Kiddy Porn in the Blockchain for life? on: April 30, 2013, 10:29:49 AM
This is a really profound issue. E.g., I am not sure what the implications will be for Chinese Bitcoin users If someone includes a link to "the reality of Tiananmen incident" somewhere in the blockchain.

Bitcoin is already illegal in China.

And what is the big deal about Tiananmen?



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