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1  Economy / Economics / Re: Bitcoin volatility paradox on: July 28, 2013, 01:51:51 PM
yes, you are. bitcoins have indeed a limited supply, and stability in the price does indeed raise demand which in turn raises the price.
BUT hughe price increases usually come with observable causes in the real world: more news being posted and switch from cpu to gpu was the first jump in price, since gpu sales in the high end market went through the roof. The second jump was cyprus declaring bank accounts to be frozen, and asicminers/fpga's coming into play.
Note that btc prices still rose independent from those jumps, but those jumps were clearly visible nonetheless. And the famous bubble bursts were not real bubble bursts; both were made artificially (the first mt.gox? being hacked and the second mt.gox inability to process the huge amount of new customers and the resulting downtime/delay driving fears of another hack ).

And if you watch the graphs a little you will notice that the "buuble bursts" have only driven the bitcoin prices to a little more or less than before the jumps.ss

I don't think Cyprus crisis had that much to do with 2nd BTC bubble, it as a factor sure, but after Cyprus most of the Bitcoin speculators where still in Canada and USA, and why would a banking collapse would cause people to adopt Bitcoin which is still less safe than keeping your money in the bank.
http://arstechnica.com/business/2013/03/experts-pour-cold-water-on-claim-that-cyprus-crisis-caused-bitcoin-boom/


 bmdavi3Smack-Fu Master, in training:
It's probably true that those who live in Cyprus are not the ones directly responsible for driving up the price of Bitcoins right now, but that doesn't mean the Cyprus crisis isn't at least partly responsible for the rise. I live in the United States, but I read about what's happening in Cyprus just fine. I imagine lots of people do. When those who are on the fence about buying Bitcoin read about a story like this, I imagine "government / bank seizing / freezing bank accounts" might be enough to push them over the edge and make the purchase.

That statement makes more sense to me than the Quote from an "expert" on virtual worlds on the site...

So you think money is unsafe in a bank, so you move it into drastically less safe environment like Bitcoin economy, where it could be stolen by hackers or, more likely, have most of it's value wiped out by another lightning fast crash. I mean, 50% price drop in a matter of hours, if this would happen in Wall Street, you'd have flocks of people jumping from buildings.
2  Other / Off-topic / Re: Name some good stratergy games on: July 28, 2013, 01:47:06 PM
You know something, I wish someone would make more turn based/RTS games that weren't just based off bloody history or just terrible parodies of it, where did all the imagination in the games industry go? I'm also getting sick of being constantly reminded about World War 2 every fucking year, get over it already people!

Strategy games are usually about war and WW2 was the biggest, most brutal war in a history of humanity. It's also the most recent big war. Plus, it was the most important event in modern history.
3  Other / Politics & Society / Re: Assault weapon bans on: July 28, 2013, 01:23:58 PM
And thus, we gather, you advocate more deadly crime.

LANGUAGE FAIL!!

Not you, the language. Did you mean

You advocate deadlier crime?

or

You advocate higher frequency of deadly crime?

There is crime which is not deadly. And there is crime which is deadly. What's his face, and his adulating choir advocate more of the latter. Please, reserve your red letters and grammar checks for actual grammatical errors. But if that's the only argument that you have, then we have a definitive failure in rebuttal, do we not?

This wasn't a grammatical error. It was just worded ambiguously in a way that could have been interpreted in more than one way. I just wanted a clarification.


Regarding guns, though. If you can agree that guns have at least two purposes: one is to kill, and the other is to deter crime (by being pointed at a would be criminal and making them retreat without needing to fire a single shot), then doesn't your "have a purpose" argument fall apart, since guns end up having as much of a purpose as a police officer? And hey, both have been known to accidentally kill people.

Not really. Anything which can kill could in theory be labeled as something which can deter by threatening to kill. In which case, items whose primary purpose is not to kill, but can kill, have three possible uses, which is one more than guns. Those three functions being their primary purpose, killing and threatening. I really don't think guns have a primary function which is not one of the two: killing, and threatening.

Clearly the car analogy is an absolute failure, and only makes gun advocates look like stupid individuals who have no better argument up their sleeve. Furthermore, it makes them look like they can't think, as it's just a repeated mantra. It is a sad reflection upon themselves. And specifically, the car is so integral to people's everyday lives, commerce and the economy, that it just compounds the apparent stupidity of gun advocates. Best thing they could ever do to try and win some points with gun control advocates would be to drop that meme like it never existed. But go ahead and keep using it, and trying to make it seem relevant, if you wish to maintain such appearances.

I would argue that the right to defend yourself is just as, or at least nearly as, important as transportation.
And using your logic, wouldn't banning all cars above 50 BHP make sense, as well? You don't need a car that can do 0-120 MPH in under 10 seconds when the maximum speed limit in highways is somewhat 80 MPH.
4  Other / Politics & Society / Re: Assault weapon bans on: July 28, 2013, 01:10:10 PM
Who arms criminals with guns? Why, gun owners and gun sellers, of course. Nobody else.
Thieves arm criminals of course.

Assisted by gun owners. Definitely not assisted by those who don't own guns.

The Newtown shooter was armed by his mother. The Aurora shooter was armed by gun sellers. The Columbine shooters were armed by gun owners. All criminals who have guns get their guns through a path which originates from gun sellers or gun sellers to gun owners.

What's worse, virtually every one of those gun owners who gave up their guns to criminals go out buy more guns. Thus the escalation of guns to 300 million guns in this country, which is the problem.

Irresponsibility of gun owners and gun sellers are the reason for the arming of criminals.

Criminals are armed in Russia almost as equally well, even though Russia has very strict gun control laws.

That would likely be case #1, 2 or 3.

1. Ineffective laws enforced ineffectively puts guns in criminals' hands.
2. Ineffective laws enforced effectively puts guns in criminals' hands.
3. Effective laws enforced ineffectively puts guns in criminals' hands.
4. Effective laws enforced effectively keep guns out of criminals' hands.

This is an old tired, argument. "It's not the system that is wrong, its just how it's applied". The system is as good as the results it produces in practice. And so far, from what I've seen, gun control doesn't prevent criminals from arming themselves, regardless of how good in theory it's supposed to work.
5  Other / Beginners & Help / Re: Newbies Hangout on: July 19, 2013, 08:30:03 PM
Aren't you all just inflating your post counts?
6  Other / Politics & Society / Re: Half income tax free on: July 19, 2013, 08:23:17 PM
what if half of your income were tax free income. so half of your money is all yours and isnt taxed at all but the other half will be taxed.

would this benefit spending in the economy and reduce tax evasion?

So half of your income at 0% tax and the other half at 0% tax?


And people would avoid taxation even it was 1%.


No, to everything people do there is usually a cost/benefit analysis. Most economists agree that reducing taxes reduces tax evasion, as people are less likely to risk going to jail or having their wealth confiscated when the benefit of evading taxes is reduced. It should be common sense really.
7  Other / Politics & Society / Re: Assault weapon bans on: July 19, 2013, 08:13:53 PM
Who arms criminals with guns? Why, gun owners and gun sellers, of course. Nobody else.
Thieves arm criminals of course.

Assisted by gun owners. Definitely not assisted by those who don't own guns.

The Newtown shooter was armed by his mother. The Aurora shooter was armed by gun sellers. The Columbine shooters were armed by gun owners. All criminals who have guns get their guns through a path which originates from gun sellers or gun sellers to gun owners.

What's worse, virtually every one of those gun owners who gave up their guns to criminals go out buy more guns. Thus the escalation of guns to 300 million guns in this country, which is the problem.

Irresponsibility of gun owners and gun sellers are the reason for the arming of criminals.

Criminals are armed in Russia almost as equally well, even though Russia has very strict gun control laws.
8  Other / Off-topic / Re: Name some good stratergy games on: July 19, 2013, 08:06:49 PM
Try Europa Universalis 3 or Hearts of Iron 3 if you want real strategy.
9  Economy / Economics / Re: the end of hypervolatility? on: July 19, 2013, 07:56:09 PM
My idea: miners add the current exchange rate to every block.  Anyone cheating will simply create orphans, so you don't have to enforce a specific quote source; each new miner just has to agree that your quote was fair +/- a little bit (just like they agree now that the transactions you signed were accurate).  From there you just apply a smoothing algorithm to it (perhaps a mere SMA, but I have more sophisticated methods in mind) and adjust inflation / demurrage to compensate.  I can think of similar methods to handle other aspects of monetary policy in a decentralized way, but I don't want to get too far off the subject here.

If this is debunked, can you link me to where I can read more?

That would actually require a centralization of Bitcoin.
10  Economy / Economics / Re: Bitcoin volatility paradox on: July 19, 2013, 07:37:17 PM
yes, you are. bitcoins have indeed a limited supply, and stability in the price does indeed raise demand which in turn raises the price.
BUT hughe price increases usually come with observable causes in the real world: more news being posted and switch from cpu to gpu was the first jump in price, since gpu sales in the high end market went through the roof. The second jump was cyprus declaring bank accounts to be frozen, and asicminers/fpga's coming into play.
Note that btc prices still rose independent from those jumps, but those jumps were clearly visible nonetheless. And the famous bubble bursts were not real bubble bursts; both were made artificially (the first mt.gox? being hacked and the second mt.gox inability to process the huge amount of new customers and the resulting downtime/delay driving fears of another hack ).

And if you watch the graphs a little you will notice that the "buuble bursts" have only driven the bitcoin prices to a little more or less than before the jumps.ss

I don't think Cyprus crisis had that much to do with 2nd BTC bubble, it as a factor sure, but after Cyprus most of the Bitcoin speculators where still in Canada and USA, and why would a banking collapse would cause people to adopt Bitcoin which is still less safe than keeping your money in the bank.
http://arstechnica.com/business/2013/03/experts-pour-cold-water-on-claim-that-cyprus-crisis-caused-bitcoin-boom/
11  Economy / Goods / Re: Anonymous reloadable prepaid plastic VISA ATM cards on: July 19, 2013, 06:56:51 PM
Yesterday I verified my PayPal account with that PLN Visa card. All fine. I loaded my PayPal by Bitcoin through Virwox exchange and tried to do a withdrawal to my card, all seems fine as well, my PP account didn't get limited, withdrawal hasn't arrived to the card's IBAN yet, but that's normal since PayPal always holds funds for some time for new accounts.
These cards are working like he said they would, great work. Definitely gonna buy some more in the near future.
12  Economy / Economics / Re: Detroit Becomes Largest U.S. City To File Bankruptcy on: July 19, 2013, 06:37:16 PM
Great. Now how long until US of A goes bankrupt?
13  Economy / Goods / Re: Anonymous reloadable prepaid plastic VISA ATM cards on: July 18, 2013, 12:35:04 PM
I bought one card from him. It was that black one. The card arrived after 2 days. I registered the card, it requires Polish info to register, but he was very helpful and sent me pictures how to register. I sent some money to the card's account and just withdrawn that from on an atm and it worked. Gonna try it with Paypal now.
14  Economy / Goods / Re: Anonymous reloadable prepaid plastic VISA ATM cards on: July 15, 2013, 05:41:35 PM
Ok, I'll take one card. More later if everything is ok.
Where to send BTC?
15  Economy / Goods / Re: Anonymous reloadable prepaid plastic VISA ATM cards on: July 13, 2013, 09:52:39 PM
How long does it take to deliver these cards?
16  Other / Beginners & Help / Re: Trust System on: July 13, 2013, 09:44:50 PM
Thank you, but I am well aware that I am responsible for my decisions, I was just stating the fact that these systems can be gamed and give a false sense of confidence to people.
17  Alternate cryptocurrencies / Altcoin Discussion / Re: Which Alt Coin you like best on: July 13, 2013, 12:59:49 PM
PPC. For having real creative thought underneath that solves important bitcoin issues.

Unlike simple number and algorithm tweaking plagiarism such as LTC and most other coins.

Could you clarify what Bitcoin issues does PPC solve? I do not fully understand how PPC is so different from other Altcoins.
18  Other / Beginners & Help / Re: Bitcoin is alive again on: July 10, 2013, 09:33:33 PM
This will be very nice I see a rise incoming

These falls and rises are the reason regular people will never trust Bitcoin. Don't get me wrong I like Bitcoin, but until this volatility problem can be solved, Bitcoin isn't a currency.
19  Other / Beginners & Help / Re: Giving away my 15k porncoins on: July 10, 2013, 09:31:57 PM
1k to the first 15 addresses.

There not worth anything and probably wont ever be worth anything but if you want some anyways post your address

http://porncoin.xxx/

How could a PornCoin be a better medium of exchange for buying porn than BitCoin or any other cryptocurrency for that matter?
20  Other / Beginners & Help / Re: My first post on: July 10, 2013, 09:26:55 PM
I want to post in order to contribute with statistical information (What hardware I bought, how I can help).

So, there it goes, this is my first, really not-useful post.  Undecided

So you just made an empty thread to bolster your post count. Keep it up!
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