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1  Bitcoin / Bitcoin Discussion / Re: Developer JGarzik reiterates, upgradable nature of bitcoin! Challenges Ethereum! on: July 28, 2014, 07:13:09 AM
Except that achieving enough consensus to successfully hard fork bitcoin is effectively impossible. I mean seriously, they can't even agree on how to increase the TPS limit (increasing block size, etc.).

Bitcoin is now TBTI--Too Big To Innovate.
2  Bitcoin / Bitcoin Discussion / Re: First airline to accept Bitcoin for payment - AirBaltic on: July 28, 2014, 07:09:48 AM
Rename "transaction fee" to "additional fee". Problem solved. Company can charge whatever it wants in my opinion as long as it's labeled correctly, and not a "hidden fee".
3  Economy / Service Announcements / Re: Live Bitcoin Price For Your Website (feedback please) on: July 28, 2014, 07:08:48 AM
Looks like every other index. Can someone make a bitcoinwisdom copy. Whenever bcwisdom is down i have no alternative with 1m 5m Chart that can switch between exchanges.
4  Bitcoin / Bitcoin Discussion / Re: Does anyone remember when Bitcoin was hard forked? on: July 28, 2014, 07:07:42 AM
It was March 11, 2013. Details here:
https://bitcoin.org/en/alert/2013-03-11-chain-fork
Price dropped ~25%, but then recovered within a day.
5  Bitcoin / Bitcoin Discussion / Re: CRS REPORT THE THINK TANK OF CONGRESS ON BITCOIN on: July 28, 2014, 07:06:48 AM
I read a copy of this paper over the holiday. It's really good, and really worth reading … but I fear that because it comes from CRS, bitcoin community is going to shit all over it out of hand. Please don't.

Indeed: CRS is an independent agency and not under the thumb of the legislative branch. I've found their reports have always given a detailed and balanced overview of a subject, even when it puts the US in a bad light. Definitely don't ignore it.
6  Bitcoin / Bitcoin Discussion / Re: My $11k bitcoin odyssey on: July 28, 2014, 07:04:29 AM
It's easy to look at things in the past as missed opportunities without considering all the 'gambles' and great things you've achieved... eg. your wife/daughter... perhaps if you'd never gambled on chatting up your now wife, you'd not be with her and not have a daughter... maybe if you'd spent an extra 5 minutes in a casino 10 years ago you'd have left and got hit by a car. It's easy to forget about the good things in life and get bogged down by all the things that in retrospect seem like no brainers.... what if I'd bought Coca Cola shares in the fifties, or invested in Microsoft in the 80s or short sold British Airways Stock before 9/11, so many ifs, buts and maybes... try to focus on the things that matter, living life is much more important than counting it.

Toying with the idea of making a "what if" website. Input the date you first heard of bitcoin (or apple or google) and cash you have available right now to spend at a whim (summer 2011, $5 for a latte). Click to calculate what such an investment would be worth today, and weep.
7  Bitcoin / Bitcoin Discussion / Re: Pheeva mainstream TV commercial on: July 28, 2014, 07:02:39 AM
So fake. No one just finds a parking spot at a whole foods like that.
8  Bitcoin / Bitcoin Discussion / Re: Cryptolina North Carolina Bitcoin Expo featuring Edmund Moy and regulatory panel on: July 28, 2014, 07:01:00 AM
Wish I could go, little low on cash right now, $275 is a bit steep.
9  Bitcoin / Bitcoin Discussion / Re: Let's get the facts straight about Apple. on: July 28, 2014, 06:59:39 AM
Y so many bitcoiners don't like Apple THAT much?!
10  Bitcoin / Bitcoin Discussion / Re: Why Bitcoin May One Day Split Into Black and White Coins on: July 28, 2014, 06:58:42 AM
Law can change, bitcoin stays the same
11  Bitcoin / Bitcoin Discussion / Re: Code as Law: How Bitcoin Could Decentralize the Courtroom on: July 07, 2014, 07:54:14 AM
This is an idea proposed and propagated by people who've never been in a courtroom and never seen a contract dispute. We have tons of ways of recording contracts. The disputes arise from different interpretations of terms, or issues left unspecified and left open to interpretation.
12  Bitcoin / Bitcoin Discussion / Re: Galaxia top 3 payment processor in Korea adds bitcoin! on: July 07, 2014, 07:53:17 AM
To the noob that keeps replying to the same poster 3 times....

Do you know you can edit your post? tech savvy much?  Roll Eyes

Edited.
Sorry for that, buddy
13  Bitcoin / Bitcoin Discussion / Re: Winklevoss Bitcoin Trust {COIN} on Nasdaq OMX [Video] on: July 07, 2014, 07:12:15 AM
Was hoping for a more professional listing like WNKY

that would sound hilarious on financial news, "WNKY's up again this morning ! 200%!"

- Hey Chuck, why are you so moody this morning?
- Well Bob, WNKY's today and I was hoping to show the misses a good time tonight.
14  Bitcoin / Bitcoin Discussion / Re: Ron Paul on Bitcoin: "The dollar has lost 97 percent of its value..." on: July 07, 2014, 07:10:08 AM
I think it's just his accent  Wink

me too, he's done it before.
the "bitcoan"  Wink
15  Bitcoin / Bitcoin Discussion / Re: Ask Amazon for Bitcoin Payments on: July 07, 2014, 07:08:43 AM
Chicken and egg. Not enough customers for them to bother changing anything, not enough merchants for most non-bitcoiners to want the option.
They'll come on board once bitcoin is bigger. Better to focus on companies more interested in getting in early.

No one is going to to buy Bitcoins just to spend them on Amazon. Not a chicken and an egg problem, simply a sign of relatively low adoption.

Agreed. Bitcoins are a pain in the ass to get. Why would you pay fees to get bitcoins just to turn around and spend them?
I saved 20% on my last Amazon purchase through PurseIO. That makes it worth it. Then rebought on Coinbase.
16  Economy / Economics / Re: Spain confiscates 0.03% of all bank deposits. on: July 07, 2014, 07:07:10 AM
Climate change sounds like something that has all the necessary elements for a complete private property rights revocation. It affects everyone and it is totally unfalsifiable.

Of course it's falsifiable. The problem is it would need to involve climate science, which deniers hate.
17  Bitcoin / Bitcoin Discussion / Re: Galaxia top 3 payment processor in Korea adds bitcoin! on: July 07, 2014, 06:55:37 AM
I don't think you know what you're talking about. Korea is in the forefront of a lot of high-tech. Want to see pioneers? Visit Daejon.

Except for the fact what he said about IE is true: http://www.zdnet.com/south-koreans-use-internet-explorer-its-the-law-7000022827/

Back in 2002 or so, you had to use IE for Korean Internet banking. It just didn't work otherwise. But that was then. This is now. 10+ years is a long time to get things done.

The ZDnet author there just doesn't know what he's talking about. He's just parroting some shit he read with zero experience. In fact, he's fucking lying and probably a piece of shit shill. Here's the proof (Korea Exchange Bank):
http://imgur.com/hBg1sUf

The line that starts "MS IE(" just says that the information below is for non-IE users to read. The next line says that you can use online banking with the OSes and browsers listed. (I'm paraphrasing.) Below the OS images, it literally says: Korea Exchange Bank Supported Operating Systems Windows, MacIntosh, Linux. Similar on the right side there.
This is not new.

So, no. Buddy is just full of shit & doesn't know what he's talking about. Both the poster above & the shill at ZDnet.
Korea is a fucking amazing country, with a wildly techno-savvy population that just adores new gadgets and technologies.
Some of the coolest shit out there comes from Korea.

If you want to find out what will be popular next year, go to Korea. You'll see it on the shelves.
Want to see the most beautiful women on the planet? Gangnam. Style. Wink Tongue Yeah - it's true. Cheesy
18  Bitcoin / Bitcoin Discussion / Re: Galaxia top 3 payment processor in Korea adds bitcoin! on: July 07, 2014, 06:52:45 AM
I don't think you know what you're talking about. Korea is in the forefront of a lot of high-tech. Want to see pioneers? Visit Daejon.

Except for the fact what he said about IE is true: http://www.zdnet.com/south-koreans-use-internet-explorer-its-the-law-7000022827/

No. Not true.
You can get by without IE. You can use a Mac even. This has been true for a few years.
I've been dealing with this shit for a VERY long time (and you have no idea about just how much pain I have endured dealing with Korean banking over the years). Think back to the beginning of Internet banking in Korea... (I even did work for some of the early payment gateways there and got to see the tech side up close from an insider perspective.)
19  Bitcoin / Bitcoin Discussion / Re: Is Facebook trying to profit from Cryptos ? on: June 30, 2014, 05:22:21 AM
Bicoin is an experiment for FB. It is not ready for prime time. We should wait until all of the major problems have good solutions before pushing its use, or a lot of people are going to get caught up in it, lose perspective, and get burned.
20  Bitcoin / Bitcoin Discussion / Re: Ask Amazon for Bitcoin Payments on: June 30, 2014, 05:20:10 AM
No no no no - too big, too soon. When we have over 100 active and trusted exchanges, maybe. When Bitcoin's average transaction volume tops 1Billion USD daily, maybe. When the blocksize limit allows for more than 7 transactions a second, then we can consider petitioning. Until then, we're still just tiny fish - and we don't swim in the tank with the whales.

The BTC/USD market would need to have more liquidity to absorb the amounts Amazons would generate. Although, if it were to adopt it then lots of people would be buying BTC and more speculators lubricating the market I guess.
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