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1  Other / Beginners & Help / Free coins (Out of bitcoins, only have litecoins/namecoins) on: July 19, 2012, 06:47:44 AM
I am giving free litecoins and bitcoins to newbies, simply because I think the system will never work and I dont see the point of holding them any more... PM or post your address keys to receive a random amount... Smiley
2  Alternate cryptocurrencies / Altcoin Discussion / Is litecoin a good idea? on: July 19, 2012, 06:29:20 AM
I am just wondering what your opinion is?
3  Bitcoin / Bitcoin Discussion / Why bitcoin is in big trouble and is ultimately doomed! on: July 09, 2012, 04:26:50 PM
I have thought about this question for a long time, is bitcoin actually viable. It began as a curiosity, I was wondering how could a currency be totally peer to peer, totally trust-less, and after discovering Bitcoin I couldn't possibly see how it worked. I think looked and realized it wasn't actually a currency, it was more of a commodity, However, the problems with bitcoin are immense. The main problem I see with bitcoin is reliability and trust. The community is fragmented, or non-existent while still trying to persuade itself that it still exists. The majority of people keeping the price where it is, are essentially in it to profit in either the short-medium term and I expect that they have little care for ensuring the market is stable, or that bitcoin grows. The software is difficult to use, and seems to be designed by the kind of people who dont understand the typical financial types that will use bitcoin on a regular basis. Copying and pasting bitcoin public keys all day, is not going to work with anyone, the software needs to be designed to be user-friendly and perhaps even integrated with spreadsheet or accounting software. Also, the project, community and general Eco-system is not organized or managed very well at all. I dont expect bitcoin to even survive 6 months, at least not if you expect the coins to be worth anything or to be traded in any substantial amounts. That is my analysis over the years that I have been involved with the project, and I am sorry to say, many of you are probably wasting your time. I hope things do go well, I am just not optimistic.
4  Other / Off-topic / Mr Anderson Lol :) on: July 08, 2012, 04:02:35 PM
http://www.youtube.com/watch?v=Ng0HsVkpFu4
5  Bitcoin / Bitcoin Discussion / Posting comments in news sites on: July 08, 2012, 12:51:13 PM
I was thinking to myself, why bitcoin and similar crypto-currencies seem to be so hidden in obscurity that nobody knows about it, apart from a small number of us here. I thought to myself, the media may not always portray things accurately, but in the internet age alot of websites have sections where you can post comments. I decided to try it out and posted to several news articles which were relevant to economics/business and put short messages about Bitcoin. I was wondering whether anyone thinks this is a good idea, and whether more of us should do this, after all we do all have a stake here if we own coins or are invested in the community here...

Let me know what you think and what your opinion is...
6  Alternate cryptocurrencies / Altcoin Discussion / Win Litecoins And Bitcoins (Fairly sizeable amount) on: July 08, 2012, 05:54:27 AM
I am running another Mystery Challenge...

Win these two prizes by finding the private key from the clues that I will give throughout the day:

Litecoin Address: LgkXL2NMnrZmwPbmQMD3uuUg7uYcEKNcca (*NOW* Contains 276 LTC) - http://abe.liteco.in/address/LgkXL2NMnrZmwPbmQMD3uuUg7uYcEKNcca -
Bitcoin Address: 14CYkRtVviUDaq6LzHFFrRGUrWXtdNj6Y3 (Contains 0.1 BTC) - http://blockchain.info/address/14CYkRtVviUDaq6LzHFFrRGUrWXtdNj6Y3

On Freenode: #ltc-mystery and #btc-mystery Smiley
7  Economy / Currency exchange / Hey - LTC/BTC on: July 07, 2012, 06:46:19 PM
Anyone exchanging LTC/BTC ?
8  Alternate cryptocurrencies / Altcoin Discussion / Breaking News: Litecoin hits 0.075 USD / LTC for first time! on: July 07, 2012, 06:22:15 PM
It went right up to about a 500% price increase in like a day... Wow...

Edit: It has now hit 0.075 for the first time!
9  Alternate cryptocurrencies / Altcoin Discussion / Win 99 Litecoins - Challenge on: July 06, 2012, 06:19:42 PM
Address LLfjSZ5qAQ5ZbkTtSdrfdL3brXndG1G4gj has 99 Litecoins - http://abe.liteco.in/address/LLfjSZ5qAQ5ZbkTtSdrfdL3brXndG1G4gj
5Jr72AgVLVgS2s1YzMQzkFWAHdo1G9WAMtWnW3aQBBneTMVGhX(?) is the private key if you can guess the final character
---> Good luck!

MysteryBanshee
Freenode - #ltc-mystery
10  Alternate cryptocurrencies / Altcoin Discussion / Free namecoins and litecoins on: June 30, 2012, 10:27:11 AM
Im giving away free namecoins and litecoins to people post their LTC or NMC addresses...
11  Economy / Lending / 5 - 10 BTC Loan Request on: June 28, 2012, 11:07:45 AM
BTC Address: 1HWMQv2VYviAgpy6NWNvVg9JhKm4zcMGS5

Need loan of 5 BTC (or up to 10 BTC) if acceptable.

Will pay back in either 1 month, 6 weeks, or 2 months depending on your preference.

Will pay up to 20% interest, but lower is better.

If acceptable, please post the repayment term, interest amount and BTC amount here or contact me on freenode IRC (MysteryBanshee) and send the bitcoins to the above address... I am rated on gribbles irc web of trust...

Thanks...
12  Bitcoin / Bitcoin Discussion / Please participate in this research to earn BTC :) on: June 25, 2012, 04:35:16 PM
http://www.rugatu.com/questions/1230/what-truely-makes-you-happy
13  Economy / Lending / BTC Loan 1000 BTC on: June 24, 2012, 02:33:18 PM
I am interested in possibly acquiring a bitcoin loan of about 1000 BTC. I would pay back monthly with bitcoins. I am a trusted member of the community, and am active on the forums and IRC. Would anyone offer me the loan, at how much interest and with what conditions attached?
14  Bitcoin / Bitcoin Discussion / What do you think? on: June 24, 2012, 11:56:48 AM
What do you think?

https://en.bitcoin.it/wiki/Plug-in_System
15  Other / Beginners & Help / BTC Plugin System Idea on: June 24, 2012, 08:27:01 AM
What do you think of my idea?

https://en.bitcoin.it/wiki/Plug-in_System
16  Other / Beginners & Help / Gold vending machine - What do you guys think? on: July 01, 2011, 02:28:43 PM
http://www.dailymail.co.uk/news/article-2010145/Gold-Go-vending-machine-opens-Westfield-shopping-centre.html?ito=feeds-newsxml

What do you guys think?
17  Other / Beginners & Help / I love this on: July 01, 2011, 12:34:10 PM
http://www.youtube.com/watch?v=1KsxHlJuVBU

Has anyone else checked it out? Only 7 views when I first viewed it, I think things like this is amazing and can certainly help the community...
18  Other / Beginners & Help / A tool to send BitCoins to an email address...? on: July 01, 2011, 09:40:56 AM
Has anyone thought of this? I remember, one thing that made the social network sites, especailly facebook so popular is that if your friends try and invite you and your not on it, you get bombarded with emails saying stuff like "Your friend suchandsuch is trying to contact you, do you want to create an account today to contact them back?"... What if we had an escrow service, that allowed sending BitCoins direct to email address, so that people receive an email such as "Your friend suchandsuch is trying to send you X amount of BTC, do you want to create a wallet to download them now?" ... Of course theres the problem of trust in the service, but for small transactions, it seems feasible and will spark interest in BitCoins... What do people think?

EDIT: Also, on second thought, I was thinking what would this be useful for... My initial thoughts would be giving to friends, getting the word out on BitCoins, sending gifts for birthdays/weddings to people you only know their email addres, donations to charities or organisations... It probably wouldnt be useful for trying to trade with say Amazon.com, but if they got enough emails spamming them about BitCoin, perhaps they will stand up and take notice... I say, if everyone donates 0.001 BTC to amazon, we could start a protest to get them to accept them... They would be foolish to just ignore it...
19  Other / Beginners & Help / Why thefts and hackers stealing wallets is a good thing... on: July 01, 2011, 02:12:44 AM
Im just thinking, why is it a bad thing that wallets get stolen and mt gox gets hacked? Technically, someone is still holding bitcoins and it should be the markets job to incentivise people to secure their assets themselves and not take too much risk... If someone argues that Bitcoin is bad because its insecure, that simply isnt true, the software may not be 100% out of the box or your computer may be compromised, but thats like arguing that cash money is flawed if someone has a fat wallet full of money sticking out of their pocket... Also, if a hacker steals a bunch of wallets via a trojan and tries to sell off all his bitcoins on an exchange, even better for me, because the price will simply go down and people with actual faith in the underlying bitcoin system will buy them.... I dont beleive you can argue bitcoins is flawed because the client may get hacked, any more than you can argue the USD is flawed because banks get robbed... In fact, I beleive its a good thing, as it will simply punish hoarders who have no clue on security, I mean, if you have 500,000 USD worth of bit coins, surely you can spend 50,000 or even 5000 on some decent security (or hire someone to do it)....

Who here agrees with me and beleive whatever doesnt kill Bitcoin complete will only make it stronger?
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