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921  Economy / Speculation / Re: REAL market traders... are they here...? on: December 31, 2013, 12:47:24 AM
Wait, I trade in the bitcoin market, so I am a "market trader". But because I don't trade paper promises for other paper promises, I'm not "real".  So am I imaginary?
922  Other / Politics & Society / Re: A lot rides on the way the USA is going to go. on: December 29, 2013, 08:10:48 PM
Right, now European Americans are much further along on their path to being a minority.  By 2043, they are projected be less than 50% of the population using the latest census data: http://www.globalpost.com/dispatch/news/regions/americas/united-states/121212/whites-be-minority-america-2043-census

The fertility rate increases are all coming from African and Latino Americans.

Now, I'm not sure I can agree with the claim that this will cause the US to fall, but Ibian is right about immigration leading to a mass demographic shift that will dramatically alter the current power structure.

So what?  Americans are from everywhere.  
Skin, eye, and hair color don't make as much a difference in the US as most folks think.

So I was providing evidence to counter Honeypot's denial of the shift in demographics.  I know it doesn't make much difference, but I guess my comment might look a bit racist when you take it out of context.
923  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 29, 2013, 08:06:58 PM


Choo choo
924  Economy / Speculation / Re: Great Bitcoin Live Trading Platform - Testers Wanted! on: December 29, 2013, 02:27:00 PM
If you have any doubt about security explain it. It has taken like two years of coding, so please be careful with your sentences.
Any Java applet can be easily morphed into a desktop application. Desktop Applications can do anything on your PC, Applets cant (please read the link above), that's one of the reasons i've released an Applet.
If you know a way Applet can install/read/write on your PC please post it, i'll do my best to demonstrate it's safe.
Of course, if you want you can download the sourcecode and decompile it (java can be easily decompiled http://jd.benow.ca/ or google "java decompile") and look for malicious functions. Then post the result here Smiley
It's safe.

You are being niave (I don't believe you are misleading us, although it is sometimes tough to tell on the Internet).  It is safe only if you trust Java's security model and it's implementation.  There is are new Java exploits all the time.  I'd wager roughly half to 3/4 of PCs are still vulnerable to the latest one.  Despite my constant warnings, nearly every Windows user I know does not keep their software up to date.  Even if they did, this community would be the best place to maximize the value of a zero day exploit.  If you do not understand this, you have no business developing code that deals with money.  I understand you are just defending your hard work and this is probably legit.  Unfortunately there is no way for us to know for sure without a professional third party audit of the source code.

Regardless, you should be welcoming of a security audit.  If you do want to monetize this work, you will have a hard time if a bug is found and exploited by some hacker.  Even the best coder with good intentions makes mistakes.  Decompiling a JAR is not the same as the source code.
925  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 29, 2013, 06:44:56 AM
How much hashing power does Namecoin have? I'm guessing that even though it is "free" after setting it up, few miners do it. Figures on the other ones with merged mining (SHA256) would be interesting too.

Also, I don't know for sure what you are trying to tell me anymore. I guess you are saying that merged mining can allow coins of the same hashing algorithm to coexist?

Googling namecoin difficulty looks like it should give you the answer, but the first two links I tried were not mobile phone friendly.  Most pools handle merged mining, and it is dead simple to set up on p2pool.  Solo mining would be more difficult, unless you just made your own p2pool chain and used that.

And yes, you got my point exactly.  The hash power can secure all chains at once, within the constraints of the coinbase (you have to add a hash to the coinbase for each coin a particular miner is merged mining, so you need room for all of those).
926  Economy / Speculation / Re: When will BTC reach 1Million per coin? on: December 29, 2013, 06:30:11 AM
Probably about the same time this thread is created for the 1 millionth time. We're getting close...  Undecided
yessir!

lol, 2020 A.D. is as good of a guess as any I suppose

7 years aint bad to be a millionaire lol

That depends on how well the dollar fares over the next 7 years.
927  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 29, 2013, 06:25:17 AM
Even though I've always been curious about the smell of dogshit, I just could never bring myself to try it.

Perhaps it is my realization that if not one wins, then ultimately, all will lose. Why even bother? Or perhaps I'm just too old school.

For all those even THINKING about "investing" in scamcoins: Don't forget that ultimately, there will only be ONE coin of each hashing algorithm because of the natural concentration of hashing power and the threat of 51% attacks.

Perhaps doge will be the scrypt one. It will certainly be hilarious to watch blight fight dogshit.

Why not merged mining?  A single chain doesn't scale as well as multiple chains.
Isn't Namecoin merged nowadays? It's the only altcoin I've ever dabbled in.

Don't you see the irony in demanding that decentralized currencies be centralized into a single chain?

Namecoin, devcoin, and ixcoin are all actively merge mined with bitcoin.  There may be others.  I don't know of any scrypt merged mining efforts at the moment, but I haven't dealt much with scrypt mining.
928  Other / Politics & Society / Re: A lot rides on the way the USA is going to go. on: December 29, 2013, 06:17:12 AM
Laughable idea. If someone wants to make an issue of someone spilling a cup of water, they better be damn ready to pay the price for them not even showing up for work half the year.

As for fertility rates, similiar arguments were made against US in 1980s. The fertility rate actually went up afterwards to a point where it's climbing slowly up surely (sans the economic recession but everyone went down at that point) to a replacement rate. Not to mention in terms of absolute numbers, majority population's young and old and children actually increased over time til now.

It's 2013, not 1989 now.

Things change.

Right, now European Americans are much further along on their path to being a minority.  By 2043, they are projected be less than 50% of the population using the latest census data: http://www.globalpost.com/dispatch/news/regions/americas/united-states/121212/whites-be-minority-america-2043-census

The fertility rate increases are all coming from African and Latino Americans.

Now, I'm not sure I can agree with the claim that this will cause the US to fall, but Ibian is right about immigration leading to a mass demographic shift that will dramatically alter the current power structure.
929  Other / Politics & Society / Re: A lot rides on the way the USA is going to go. on: December 29, 2013, 06:10:56 AM
None of that changes that every US war in recent years have been wars of aggression. And there is the curious fact that you lost more soldiers to suicide after returning from Iraq, than died in combat. At some point enough data points begin to form a pattern. Your wars are without justification, your society is fucked up, the economy is going to tank in a handful of years. But go ahead and tell yourself everything is fine. Fortunately I live on another continent.

Right, right. Please compare that to vietnam and tell him how US will fall.

All nations go through up and downs. You just keep bitching and moaning without being able to respond to everything that describes how wrong your 'reasons' are.

Your economy will tank before US, unless you are deluding yourself safe Smiley


But you just demonstrated perfectly how you don't even bother to read or understand something that completely disproves your view.



Also, this circle jerk was not initiated by Americans. Much squealing and moaning comes from outside of US and funny little bitches who moan while still living in US thinking they are actually safe from consequences of getting too mouthy.

That's a fact. US doesn't give a shit. You deal with us fair, we call it a day. It's that simple.

 

A circle jerk has no beginning and no end.  Grudges between people have always existed and always will.  But acting those grudges out will always amplify the number of grudge holders.  If you think 9/11 came out of nowhere you need to review some history.

Give me a reason why the entire world doesn't have a reason to fuck over the whole of middle east and iran +afghanistan and any muslim fucker within reach, consider they were the first mass enslavers of africans, extortionate 'merchants' that makes greedy jews look tame and extorted fees from all merchants around the world, caused a large part of indigenous persian population to flee to distant edge of the central eurasian world where they were forced to live as nomads, and their religion essentially one of complete conquest and punkish attitude that invaded the byzantine empire and countless other places.

They have no right to hold a 'grudge' against anyone. You need to review your history and know exactly who deserves what.

That's just it.  Nobody deserves to be punished for the sins of their ancestors.  If so, perhaps we ought to arm the African Americans to the hilt and tell them European Americans are fair game.
930  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 29, 2013, 05:11:12 AM
For all those even THINKING about "investing" in scamcoins: Don't forget that ultimately, there will only be ONE coin of each hashing algorithm because of the natural concentration of hashing power and the threat of 51% attacks.

Perhaps doge will be the scrypt one. It will certainly be hilarious to watch blight fight dogshit.

Why not merged mining?  A single chain doesn't scale as well as multiple chains.
931  Other / Politics & Society / A lot rides on the way the USA is going to go. on: December 29, 2013, 05:08:19 AM
None of that changes that every US war in recent years have been wars of aggression. And there is the curious fact that you lost more soldiers to suicide after returning from Iraq, than died in combat. At some point enough data points begin to form a pattern. Your wars are without justification, your society is fucked up, the economy is going to tank in a handful of years. But go ahead and tell yourself everything is fine. Fortunately I live on another continent.

Right, right. Please compare that to vietnam and tell him how US will fall.

All nations go through up and downs. You just keep bitching and moaning without being able to respond to everything that describes how wrong your 'reasons' are.

Your economy will tank before US, unless you are deluding yourself safe Smiley


But you just demonstrated perfectly how you don't even bother to read or understand something that completely disproves your view.



Also, this circle jerk was not initiated by Americans. Much squealing and moaning comes from outside of US and funny little bitches who moan while still living in US thinking they are actually safe from consequences of getting too mouthy.

That's a fact. US doesn't give a shit. You deal with us fair, we call it a day. It's that simple.

 

A circle jerk has no beginning and no end.  Grudges between people have always existed and always will.  But acting those grudges out will always amplify the number of grudge holders.  If you think 9/11 came out of nowhere you need to review some history.
932  Other / Politics & Society / A lot rides on the way the USA is going to go. on: December 29, 2013, 04:34:36 AM
All who pick up the sword die by it.  The USA will not be an exception.

Some of our actions may have had decent rationale, but try explaining that to the kid who's dad was a civilian casualty of our wars.  War only breeds enemies.

You have any idea how much of that applies hundred times more to our enemies than US?

What US does is largely a defensive measure to ensure the demise of those who actively seek to rise through the sword.

Where in your retarded fantasy land does it say only US commits crimes?



Do you have any idea how pathetic you sound now?

I love the personal attacks people on this forum throw around.  Roll Eyes

Can't you see the circle jerk for what it is, or are you just going to continue to perpetuate it?

Yes, our enemies were mad at us for the past and lashed out.  Then we responded and some new people were hurt.  Eventually those people will lash out too.

Oh well, we'll all be in a police state soon to "protect" us.  The more enemies the military industrial complex creates, the more it can push it's hardware onto our streets in the name of safety.

This used to be a country that cared about liberty and knew how to achieve it.  It seems now we only care about the illusion of liberty.
933  Economy / Speculation / Re: Moving Averages on: December 29, 2013, 04:25:41 AM
You can make fiat trading EMA but you'll probably have less and less coins with time.
IIRC, Goombo provided backtesting on his daily EMA trading system and it outperformed "buy and hold" (by what margin I do not recall). This suggests that, if fiat gains are reinvested, that you will have more and more coins with time.

I'm on my phone now so please tell me I don't have to dig up the post where Goomboo explains why even though his strategy can't match buy and hold it is preferable for those who want to minimize the risk of fiat loss.

TLDR: YDRC (you don't remember correctly)
934  Other / Politics & Society / A lot rides on the way the USA is going to go. on: December 29, 2013, 04:15:35 AM
All who pick up the sword die by it.  The USA will not be an exception.

Some of our actions may have had decent rationale, but try explaining that to the kid who's dad was a civilian casualty of our wars.  War only breeds enemies.
935  Economy / Speculation / Re: Will people be selling after the 1st of the year for tax benefits? on: December 29, 2013, 04:10:10 AM
If anything, I'll cash out a bit before the first since at the end of the year I can calculate how much I can cash out and still keep my income low enough to have 0% on long term capital gains.  Ah, the joys of being back in school and living on a graduate teaching assistant's mesely pay.  I finish my masters in May though, so I don't know what taxes will be like for 2014.

If you're going to go early and anticipate the sell off, don't you think other people might anticipate your anticipation and sell earlier than that? And what about the people who anticipate the anticipation of the anticipation and sell off even before that sell off??? We might as well all sell off now to avoid those issues.  Roll Eyes

Where the fuck did I say anything about trying to front run some stupid theory about people cashing out simply because it is a new year?  I want the profits in 2013 taxes because I can be certain of their impact.
936  Economy / Speculation / Re: I predict BTC/USD will fall to $2 by December 31, 2013 on: December 28, 2013, 09:10:27 PM
BTC value should be around 2-10 dollars.
My argument is the following: WorldCoin costs less than a dollar despite the fact that they will be minted roughly only 10 times as many as BTC so the long term BTC/WDC should be 0.10 BTC/WDC. This gives the BTC estimated value being less than 10 dollars...

What can you get for worldcoin?  I can spend bitcoin on fiat money, food, clothes, shelter, electronics, as well as many services.  In 6 months, I will be able to shop with it on overstock.com.  A limited supply is only one part of the value equation.
937  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 28, 2013, 08:00:53 AM
I may regret this in the morning, as it will cause some people to want to trade against me, but I feel that I need to put it out there. Bitcoin TA is heavily manipulated at the moment, by at least 2 parties. Be careful out there.

Like the new wall of 1800 btc at 740 on Gox..
Why would one put such wall at that price if not to try support the price..

To encourage front running bids you can sell into before you pull your wall lower.  I'm not suggesting that is what is happening here since I'm not really watching the market tonight, but sometimes that is the motive.
938  Economy / Speculation / Re: The maximum possible value of Bitcoins compared to fiat on: December 28, 2013, 07:27:13 AM
If you convert all fiat paper wealth as of this moment into USD, divide the entire world's fiat paper wealth by 21 Million(Bitcoins), then each Bitcoin becomes worth about $22million USD.

The total amount of fiat varies greatly depending on who you ask.  Calculations performed with crap inputs yield crap outputs.
939  Economy / Speculation / Re: Will people be selling after the 1st of the year for tax benefits? on: December 28, 2013, 07:11:39 AM
If anything, I'll cash out a bit before the first since at the end of the year I can calculate how much I can cash out and still keep my income low enough to have 0% on long term capital gains.  Ah, the joys of being back in school and living on a graduate teaching assistant's mesely pay.  I finish my masters in May though, so I don't know what taxes will be like for 2014.
940  Economy / Speculation / Re: Bitfinex - huge drop in loan $ on: December 28, 2013, 06:38:45 AM
Why do you need a tinfoil hat?

Price went up, people closed long positions, their loans were paid back.

I know I closed my leveraged long position while we were above 800/750 (gox/stamp).
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