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9341  Alternate cryptocurrencies / Altcoin Discussion / Re: btct.co and litecoinglobal.com why have they shut down on: October 21, 2013, 07:06:52 AM
Not quite that rather it was likely the crowdfunding legislation bill that passed into the US congress recently
Their wasnt much detail though

IMPORTANT NOTICE TO ALL BTC TRADING CORP WEBSITE PARTICIPANTS

As a result of recent changes in the virtual currency regulatory environment, the btct.co and litecoinglobal.com virtual stock market websites will be closing down.  The following is our current schedule:

Approximately a week ago, both sites were closed to any new users and new asset creation was disabled.
 
Effective immediately, in conjunction with this release, trading will be halted, all order books cleared, and trading re-enabled.
 
October 7, 2013, all forms of secondary market trading will be halted on both sites.
 
Approximately October 31, 2013, both sites will be taken offline.  It is strongly suggested that participants take the following steps to protect all of their virtual assets:
 
All participants should take steps to transfer all of your BTC and LTC (and any other data you wish to keep, such as CSV trade histories) held on the sites to your personal computer or another trusted site.
 
All participants should make sure that their public BTC or LTC address is properly set in the Account page on the Settings tab whereby it can be shared with all issuers.
 
All “issuers” should have the contact information concerning their “investors”, and we ask that all “issuers” communicate with their “investors” as soon as possible as to how they will ensure that all are treated appropriately.

We regret this development. However, we want to do everything we can to minimize problems arising from this transition.  It is our goal to keep this shutdown orderly and calm.

Thank you for your participation, creativity, loyalty and sense of community over the past year.  Additional communications will follow as we work out the details.

Ethan Burnside
BTC Trading Corp.
9342  Economy / Securities / Re: ASICMINER Speculation Thread on: October 21, 2013, 07:03:07 AM
BitFunder (supposedly) has 12621 shares
Havelock has 7373 shares

This, out of 400000.

It should include TAT shares another 3725 + 66/100s

Bitfunder adds 350 to the total
9343  Alternate cryptocurrencies / Altcoin Discussion / Re: btct.co and litecoinglobal.com why have they shut down on: October 21, 2013, 06:56:21 AM
Regulations in the US
9344  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: October 18, 2013, 09:43:59 PM
imo immersion cooling isn't a technology solely for use in mining coins.

No kidding. It isn't AM's idea either.

http://www.datacenterknowledge.com/archives/2012/10/08/3m-demos-new-immersion-cooling-technique/
http://techreport.com/news/20766/immersion-cooling-comes-to-data-centers
http://en.wikipedia.org/wiki/Computer_cooling#Liquid_submersion_cooling

Of course, if it was practical, it'd already be deployed on a large scale. Bitcoin mining is unusually power-intense and so exotic cooling solutions make more sense.

Liquid submersion is a great idea the question is we don't know what they will use if they go with certain oils they might become very efficient at lowering heat dispersion.
9345  Economy / Marketplace / Re: How Can I Buy Things Online With Bitcoins? on: October 18, 2013, 09:39:04 PM
Well prefer specificness but heres a general list
https://en.bitcoin.it/wiki/Trade
9346  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin rises, litecoin plummets on: October 18, 2013, 09:36:45 PM
Profits are to be made here for the bold
9347  Other / Politics & Society / Re: Is Bitcoin a religion? Satoshi is our God? on: October 18, 2013, 09:34:39 PM
Our Satoshi, who art in blockchain,
Encrypted be thy name
Thy transactions come
Thy will be done on ASICS
As it is on Github.
Give us this day our daily mining reward,
And forgive our zero-conf double-spends
As we forgive them that double-spend against us.
And lead us not into alt-chains
But deliver us from Ripple
For thine is the mining rig,
The hashing power, and the block reward,
For ever and ever
Amen.

This is awesome.

It is quite accurate too ha-ha so yah awesome XD
9348  Other / Off-topic / Re: Let's Count to 21 Million with Images on: October 17, 2013, 05:49:03 PM
9349  Other / Politics & Society / Re: What are your thoughts for the US government temp. closing? on: October 16, 2013, 05:41:15 PM
Chaos! Revolution! Invade! XD
(Mad scientist)
9350  Other / Politics & Society / Re: Is Bitcoin a religion? Satoshi is our God? on: October 16, 2013, 07:09:27 AM
I wonder what ever happened to the Church of Satoshi thread
But for all you believers

Our Satoshi, who art in blockchain,
Encrypted be thy name
Thy transactions come
Thy will be done on ASICS
As it is on Github.
Give us this day our daily mining reward,
And forgive our zero-conf double-spends
As we forgive them that double-spend against us.
And lead us not into alt-chains
But deliver us from Ripple
For thine is the mining rig,
The hashing power, and the block reward,
For ever and ever
Amen.
9351  Economy / Marketplace / Re: How Can I Buy Things Online With Bitcoins? on: October 16, 2013, 07:08:48 AM
https://www.bitcoinstore.com/
For the tech needs
9352  Other / Beginners & Help / Re: will the bitcoin reach $1000 one day...? on: October 16, 2013, 07:06:10 AM
Hitting $200++ by end of year so you can expect $1000 by 5++ years. Currently, $159.62
The current price is most likely due to that chinese company starting to accept bitcoin

I agree major Chinese adoption shift is underway
Interest will probally rise for a week or two
9353  Economy / Speculation / Re: Bitcoin might rise over 200 unexpectedly soon on: October 16, 2013, 07:01:50 AM
I see 162.99  Grin
9354  Other / Off-topic / Re: What Song are you Listening To? on: October 16, 2013, 06:57:50 AM
Outrun 2 Shiny World
9355  Other / Off-topic / Re: Let's Count to 21 Million with Images on: October 16, 2013, 06:46:58 AM
9356  Other / Politics & Society / Re: Swiss to vote on 2,500 franc basic income for every adult on: October 16, 2013, 06:44:51 AM
Still waiting on the outcome of Chinese Socialism should take another 100-200 years since China likes to scale on long timeframes
My digitalized brain will observe the outcome XD
9357  Other / Off-topic / Re: Futuristic project: upload your brain in a blockchain on: October 16, 2013, 02:23:28 AM
As you saw in other thread Google has a D-Wave quantum computer and there is a 1 billion pound brain project also. The time when this futuristic vision will become reality is coming closer.
But would you trust Google to host by them your mind ? They would search and index all of his content.
Your mind will be secure only in the blockchain where your mind will be encrypted and will run decentralized.


In 2020 the world computation capacity will achieve that of a human brain and in 2040 of all human brains.
http://imgur.com/a/oZaU0#0

But what about creating an own virtual country  for virtual minds ?
Namecoinia ?
or Lifecoinistan ?
Or United Blockchain States of Virtual Lifes ?

Which one would you choose ?

It can be a federation of 3 states:
- the state of the premium uploaded minds
- the state of the standard minds
- the state of the beta minds
Own rules will be also needed.

The Ten Virtual Commandments could be:
- I am the Namecoin chain who is hosting your mind.
- You should have no other blockchain before me.
- You should not make a forked image of the blockchain.
- Newer use the blockchain in vane.
- Remember the miners and give them fee.
- You shall not delete data from other virtual minds running thread.
- You shall not feed your blockchain neighbor with false data.
- You shall not steal memory or hash power from other virtual minds.
- You shall not desire your blockchain neighbors memory.
- You shall not desire your  blockchain neighbors hash power.


It will be constructed a Lifecoin (which will run on Namecoin) payment system and virtual minds will use it to receive coins for their work or to pay to increase the hosting time(and their life) in the blockchain or to increase their memory or hash power. Lifecoins would be double virtual. They would be virtual even for the virtual minds.



I don't make promises I am not able to keep whistle must invade neighbours mind and mine his virtual data
I will become Gravemind
9358  Bitcoin / Press / Re: 2013-10-15 KQED: The Civil War Inside Bitcoin: Go Anonymous or Go Mainstream? on: October 16, 2013, 02:14:01 AM
My opinion is similar to that of bittorrent
http://www.theglobeandmail.com/technology/after-nsa-revelations-bittorrent-tries-to-capitalize-on-privacy-fears/article14861176/

Abstract:
Earlier this month, a series of mysterious billboards popped up around Los Angeles, New York and San Francisco. The ads made such proclamations as: “The Internet should be regulated” and “Your data should belong to the NSA.”

For days, rumours swirled as to who was responsible. Finally, a San Francisco technology company came forward to claim responsibility – it defaced its own billboards, replacing the words “regulated” with “people-powered” and “the NSA” with “you.”

“We liked the idea of an Internet architecture that’s built without a heavy reliance on a centralized servers, and it’s been really hard to communicate that to broader public because most people didn’t know what a server was,” Mr. Mason said. “That all changed after the PRISM scandal.”

Now the company is trying to capitalize on the opportunity. It is already marketing an online chat service and a data synchronization tool – both of which don’t use central servers. The tools have proven popular with security-conscious users and enterprise customers.

But for the San Francisco company, the longer-term vision for BitTorrent’s future is something far more audacious. The company’s executives see BitTorrent at the centre of the next pillar of Internet communication. Just as Facebook has become the company at the centre of social networking and Google occupies the same role in the world of search, BitTorrent is trying to become the default name in distributed computing – an area that is growing at a fast pace.

If it succeeds, BitTorrent may finally be able to shake off its reputation as little more than a tool to download movies. Indeed, its people-powered network – the source of so much criticism over the years – may become its most profitable asset.

“We think that privacy and control and efficiency are better served if the end of the network is where the intelligence is,” Mr. Mason said.

____
Butcher the last few sentences and my opinion XD

The longer-term vision for Bitcoin’s future is something far more audacious. People can see Bitcoin at the centre of the next pillar of Internet finance. Just as Facebook has become the company at the centre of social networking and Google occupies the same role in the world of search, Bitcoin is trying to become the default name in distributed finance – an area that is growing at a fast pace.

If it succeeds, Bitcoin may finally be able to shake off its reputation as little more than a tool to deal drugs. Indeed, its people-powered network – the source of so much criticism over the years – may become its most profitable asset.

“We think that privacy and control and efficiency are better served if the end of the network is where the intelligence is,”
9359  Other / Politics & Society / Re: Opinion on the US on: October 16, 2013, 02:09:32 AM
As of 2013, the USA ranks 10th out of about 177 countries on the Index of Economic Freedom. See
http://en.wikipedia.org/wiki/Index_of_economic_freedom
While the US used to be higher on that index, 10th place is still not too bad. That said, there are many continuing threats to the US and Americans. Most of the Answers to these threats are in Milton and Rose Friedman book "Free to Choose". See
http://en.wikipedia.org/wiki/Free_to_choose
However, the American political leaders can not even keep their own government open so I highly doubt they could implement any of Milton Friedman's great ideas.
In short, America will be its own downfall. Fiat currency, fractional reserve banking and big government will bring it down. The question is not "if", but "when".

In all fairness who compiles the Index of Economic Freedom
http://en.wikipedia.org/wiki/The_Heritage_Foundation#Criticism

That said over multiple sources its not that bad

Anyways its downfall will be the Republican Presidential System
Tensions between two parties unable to make a policy might create a collapse
Chile is the only other example of a Constituinal Republic to last as long as the USA until Pinochet Smiley
9360  Other / Beginners & Help / Re: Bitcoin is about to explode. on: October 16, 2013, 02:07:18 AM
It only take 3 months to reach Bitcoin heaven, not 4 years Smiley

Ha-Ha that would be this case
US does not solve debt crisis and defaults on debt causing an economic cycle in the EU and other countries except North Korea (lol) to go into a recession and depression.
People rush to Bitcoins fixed supply and Gold Tongue
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