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1  Economy / Economics / Re: USA Debt Repayable on: May 15, 2013, 01:01:18 AM


Trying to lower the outstanding debt by increasing taxes,would be deflationary,those dollars would be removed from circulation.
 
Printing money is inflationary.

Possibly/probably the two could be combined in such a way that they could "zero-out" each of their negative effects,while effectively lowering the total debt.

Past beltway behavior indicates it would be hard to attempt, let alone accomplish in the U.S.

 
2  Other / Beginners & Help / Re: Restrictions for newbies on: May 14, 2013, 02:39:22 AM
It's a small hurdle at worst.Anything pertinent to post today,will probably have relevance tomorrow.Also, some of the better threads are in the "newbie" section.
3  Other / Beginners & Help / Re: Keep your wallet secure, read this. on: May 10, 2013, 02:29:56 AM
Thanks for your tips.
I just looked at key scramblers site,do you need a touch screen to use it?
4  Other / Beginners & Help / Re: I lost $8400 in my Mt account because the hacker and Mt's slow support service on: May 10, 2013, 12:20:56 AM
I use dedicated machine for trading only, not for Internet browsing. That should avoid some Trojans...

Yes,a good idea,How about partitioning harddrive , and running two operating system,does this work?
5  Other / Beginners & Help / Re: Stolen bitcoins on: May 09, 2013, 02:52:00 AM
You had 2FA enabled on your exchange accounts right?*

* (Of course not the question was rhetorical for any noob reading every single one of these stories has the same thing in common - no 2FA).

Any additional information on "2FA" would be appreciated.
6  Other / Beginners & Help / Re: Still a little confused on Wallets. on: May 09, 2013, 02:43:15 AM
Is the last known wallet(location) of every bitcoin ever mined identified in the blockchain ?
If so, are password crackers/hackers able to bombard wallets ,hoping for weak passwords?
7  Other / Beginners & Help / Re: Bitcoin Giveaway on: May 08, 2013, 03:08:51 AM
What's the catch?

Good question, what am I missing?
8  Other / Beginners & Help / Re: My bitcoins have been stolen on: May 06, 2013, 11:16:42 PM
thx
9  Other / Beginners & Help / Re: My bitcoins have been stolen on: May 06, 2013, 11:10:22 PM
"Remove" may be the wrong word. reinstalling windows will disable the rootkit/keystroke logger?
10  Other / Beginners & Help / Re: My bitcoins have been stolen on: May 06, 2013, 10:58:48 PM
A question,please.

reformatting hard drive and reinstalling Windows will remove keystroke logger,viruses AND rootkits?

thank-you
11  Alternate cryptocurrencies / Altcoin Discussion / Re: Ripple Giveaway! on: May 06, 2013, 02:58:46 AM
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12  Other / Beginners & Help / Re: Who is making block chains? on: May 04, 2013, 02:40:47 PM
Miners?

which are a mysterious network of altruistic individuals who try to do good,but not to do too good(they don't want to win by getting more than 51%,then game will be over). They are kind of like a weeknight handicap bowling league.
13  Other / Beginners & Help / Re: Still a little confused on Wallets. on: May 03, 2013, 10:16:51 PM
4) Is it wasteful to discard lightly used wallets?

5)Is there a place to recycle wallets that you no longer use?

6)If more than 21 million people  want a wallet,do we get to pick who we have to share with?
14  Other / Beginners & Help / Re: Hello everyone! on: May 03, 2013, 04:27:54 AM
Just curious, how many  bitcoins did you lose?
15  Other / Beginners & Help / Re: Why Bitcoins? on: May 03, 2013, 04:10:56 AM
Bitcoins,as a means of an exchange still seems much more cumbersome than $s.

Sure, why not?  It won't be until you're dicked over that you'll see the benefit of Bitcoin (I hope you've been reading the news lately, btw, or you might not understand what I mean.)

Anyway, give it some time, and it'll be made easy peasy.  Trading gold for bread isn't a simple task, either; difference being, Bitcoin's got a technological and commercial gap it has to cross.  Gold is created from an exploding star and has been around for billions of years before the dawn of man, and I still can't send it to Bill in South Africa in a matter of seconds.

Granted,bitcoins and crypto-currencies have promises and possibly promising futures.But today are most of your transactions based upon it being the best available means to transact or for promotional reasons?
16  Other / Beginners & Help / Re: Why Bitcoins? on: May 03, 2013, 03:13:08 AM
Bitcoins,as a means of an exchange still seems much more cumbersome than $s.
17  Other / Beginners & Help / Why Bitcoins? on: May 03, 2013, 03:05:14 AM
Isn't it a lot of hassle,much more than $ or plastic? If it wasn't for the crazy run-up in price and a hope for a lot more or a personal need for the underground economy,why bitcoins? Bitcoins seem to be time consuming to use.Plus the horror stories of wallet rip-offs,key-stroke thieves and other situations with little legal remedies,along with lost passwords.Speculation seems to be the only reason to bother.
18  Other / Beginners & Help / Re: Please explain this to a total newbie on: May 03, 2013, 02:35:39 AM
A company outside the U.S. owes me money. They want to send it to me with Bitcoin. It appears to me the value of a bitcoin varies greatly from one day, or sometimes one hour, to the next. My question is, if the company pays me in bitcoins what happens if the value drops significantly before I can sell them and convert them to cash? Also, where is a trusted place to sell bitcoins?

Thank You

how about spending the bitcoins on stuff.

I had this argument with someone who posted something on my local kijiji classifieds and I asked them if they would be interested in trading anything when they came to drop off the item to my house, they said no without stepping through the door, they only wanted cash. I then pointed out to them, what do you want cash for, if not to buy things? They thought a second and said, hey your right! came into my garage and saw I had 4 tires for a car i had sold, and he needed them. He pointed out that he only wanted the cash to buy tires anyway, and said that he never really thought about barter.

So instead of getting hung up on pulling dollars out of bitcoins, why not just relax and buy something with them....



Isn't it a lot of hassle,much more than $ or plastic? If it wasn't for the crazy run-up in price and a hope for a lot more or a personal need for the underground economy,why bitcoins? Bitcoins seem to be time consuming to use.Plus the horror stories of wallet rip-offs,key-stroke thieves and other situations with little legal remedies,along with lost passwords.Speculation seems to be the only reason to bother.
19  Bitcoin / Development & Technical Discussion / Re: Preventing double-spending attacks with semi-trusted 3rd parties on: April 30, 2013, 01:53:01 AM
 I don't really like the term "semi-trusted 3rd party". Does someone have a suggestion for a synonym?
Independent auditors ?
20  Other / Beginners & Help / Re: Which wallet are you using? on: April 30, 2013, 12:51:45 AM
 If not norton,than how can someone feel confident a keystroke-logger infection has not happened?            Thank-you for your response.
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