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21  Bitcoin / Bitcoin Discussion / Nominate USD as the new "drug currency" on: March 14, 2014, 06:04:34 PM
Now whether someone mentions BTC there is always that guy "Oh you mean the currency they use to buy drugs online?", it has always made me cringe a little on the inside because we all know that every single terrorist attack, every single assassination and pretty much every single drug deal is made in USD.

Now one banker could argue oh but there are plenty of legit uses for USD and none for BTC except the buying of drugs, there is really no reason for the average Joe to purchase BTC except to buy weed in on the black market.

Well we know the total amount of USD currency which is issued, it currently stands at 6 trillion (6,000,000,000,000) and we have a more or less accurate figure for the whole black market worth the majority of which we know is being conducted in USD, the figure stands at 1.785 trillion (1,785,000,000,000 http://www.havocscope.com/market-value/).

Now both of these figures are rather inaccurate and are probably higher as one cannot accurately estimate the whole USD black market but we know that those are incredibly high figures as full cities are built in the U.S. and in South America just using the coke money.

The total Bitcoin worth is 8 billion (8,000,000,000 https://blockchain.info/charts/market-cap) that we know, now the real problem is in acquiring the worth of the Bitcoin black market as there are no estimates but a quick look at the deep net brings us to believe that virtually no arms, weapons, explosives or human organs are traded using BTC (at least not nearly on as wide of scale like in USD as this is not easily accessible). Using the calculated worth of the most popular marketplace Silkroad 2.0 we can estimate the total worth of the Bitcoin black market at 100 million (100,000,000) based on the popularity of the other 20 less popular marketplaces.

This brings us to the final results, 29.75%, nearly a third of the whole USD economy is black market, 1.25% of the Bitcoin economy is the Bitcoin black market.

In regards to the market USD is being used 23.8 times more frequently in the black market than Bitcoins. USD is the new drug money!
22  Bitcoin / Bitcoin Discussion / Public testnet bitcoind on: March 11, 2014, 01:46:52 AM
Is there any public Bitcoind which is free to use? if anyone has got one installed on their server and don't mind me temporarily using it shoot me a PM pls
23  Bitcoin / Bitcoin Discussion / Idiocracy on: March 06, 2014, 11:18:28 PM
So every couple of weeks a new Satoshi is discovered and all the newbs gather together to discuss whether they just happened to join the community at the right time when Satoshi was discovered.

When are they going to run out of people with the name of Satoshi or Japanese looking people that speak English?
24  Bitcoin / Bitcoin Discussion / So do Bitcoiners actually claim the foundation wasn't infiltrated? on: March 06, 2014, 03:58:12 PM
So while watching the movie about Wikileaks Assange makes a comment about one of the biggest mistakes that he made while establishing Wikileaks was recruiting some unreliable people that ultimately turned out to be undercovers according to him.

This raises the question on whether the foundation is/has already been infiltrated? Are a bunch of Dr. Evils trying to introduce potentially flawed technologies (or could have already introduced them) and have them within the source?

Of course the average pseudo-intellectual would argue that we can all view the source and if we deem it unjust we could just fork it, this answer is not satisfactory and fails the same way democracy fails. If we watch over statistical data we can see that the political party with the most hours in the media always takes the first place, we can then establish that the average person lacks absolutely any means of thinking for themselves. How is Bitcoin any different if the strongest leaders all have their Gríma Wormtongues whispering nonsense into their ears until they lose the ability to think rationally and ultimately turn against us, the community?
25  Bitcoin / Bitcoin Discussion / Exposm does a comic on Bitcoin on: February 28, 2014, 02:32:40 PM


I lol'd
26  Bitcoin / Bitcoin Discussion / Would you store all your wealth in BTC? on: December 22, 2013, 12:11:07 AM
Couldn't really formulate it properly in the title, I guess storing wealth in intangible goods is stupid to begin with be it USD, BTC or Euros, it is much better to invest into real estate, businesses etc and only keep "change".

But would you make the switch to completely close off all your bank accounts and store all that "change" in BTC?

I have just closed my bank account and made the switch, pretty worried but would prefer to cut my nuts off rather than go back and open one.
27  Other / Off-topic / How many anarchists? on: December 19, 2013, 05:31:12 PM
I wonder how many members are actually anarchists since we have been expanding quite a lot.

http://www.politicalcompass.org/test

http://www.politicalcompass.org/facebook/pcgraphpng.php?ec=5.75&soc=-2.15
28  Economy / Currency exchange / Looking for BTC on: December 17, 2013, 06:35:34 PM
I am looking to buy BTC for Paypal yet again. Usually do mt gox prices, PM me.
29  Bitcoin / Bitcoin Discussion / Why is there no Bitcoin day? on: December 15, 2013, 10:00:20 PM
A rather simple question, we have days for much less important causes, why no Bitcoin day? Wouldn't it be appropriate to mark the 6th of November as Bitcoin day for example?
30  Other / Politics & Society / The propaganda of artificial intelligence on: December 10, 2013, 12:33:55 PM
It now appears that Facebook has joined Google in the race of AI, am I the only one who is tired of all the psuedo-intellectuals nerdgasming in interviews with their wild imagination which doesn't have any basis in reality?

The real headlines should read "Facebook has joined Google in the race of propaganda" because that's what it is, a non biological computer never has and never will achieve an intelligence higher of a cockroach, let alone of a human being capable of reason and thought, it reminds me of Apple and their "revolutionary technologies" as well as of the sheer ignorance of the crowd as they applaud a robot that has been scripted to perform multiple sequence of moves by a bunch of chinese liars.

Do you believe in a future predicted by sci-fi? Do you believe that one day you could philosophize with a robot?
31  Economy / Speculation / Predictions on: November 19, 2013, 07:41:01 AM
Bitcoin will fall below 200$ within a month from today (75%) or two months from today (25%), the feds will sell DRPs confiscated coins within that period (30%).
32  Economy / Currency exchange / Looking to buy 0.42 BTC Paypal on: November 01, 2013, 11:59:30 AM
Looking to buy 0.42BTC for Paypal, have already done so twice with this account, trusted member, search my history.
33  Bitcoin / Bitcoin Discussion / Babysitting Bitcoin users on: September 29, 2013, 11:06:39 PM
If Bitcoin ever gets mainstream and replaces the fiat/debt system who will protect the people from being stupid? Even with all the precautions and arbitrary limits that the debt system sets for added security the average person who isn't aware of computer security can still easily compromise his account (it is especially obvious since fiat accounts with tens of thousands of dollars are sold on the deepnet).

Elitism? Natural selection anyone?
34  Bitcoin / Bitcoin Discussion / Bitcoin Achilles' heel on: September 10, 2013, 08:45:20 PM
Do fellow Bitcoiners share the same concerns about most of the community "leaders" being located in the Land of the Free physically?

The beautify of cryptography and math in general is that it is resilient, no matter how many times you threaten the family of SHA256 it will always equal the same hash, no matter the moral dilemma the result will always be the same, couldn't some Nazi anti-terrorist agency force the community leaders to add zero day backdoors, deanonymization features and so on to the client and mark the update "urgent"?

What stops them from trojan horsing a client?
35  Economy / Securities / Looking for investment on: September 05, 2013, 10:06:20 PM
I am looking for an investment of a couple hundred BTC, can be repaid fully within 3-6 months, equity in the company will also be given.

Can show documents and discuss with prospective investors. PM for additional details.
36  Economy / Currency exchange / Looking to buy BTC with Paypal again on: August 27, 2013, 11:19:26 AM
Looking for about 100$ worth.
37  Other / Off-topic / ITT: We convince each other we are Satoshi on: August 16, 2013, 06:24:53 AM
So every now and then a new noob comes along and starts asking around about the identity of Satoshi, I think that some of us have come to the realization at this point that Satoshi is within us all, he is every single one of us and we are all him collectively.

So I thought we can open a thread where we all try to convince each other that we are Satoshi, I'll start: I AM SATOSHI!!!
38  Bitcoin / Bitcoin Discussion / Instant Bitcoin confirmation time (IDEA) on: August 05, 2013, 01:46:47 PM
Assuming Bob wants to purchase a loaf of bread physically from Alice, Alice works in a supermarket yet Alice wouldn't use Bitcoins due to the lines getting extremely long because people are waiting for confirmations as well as having to physically keep her eyes on the customers so no one bails with the physical merchandise (or double spends), what solutions could we implement to allow for instant transactions?

My model is the following:
Bob has a total of 30BTC of transactions sent to his address (his "banking account"), Bob then purchases a loaf of bread for 1BTC (an extremely tasty loaf of bread) and walks out of the store, if the network detects that Bob has double spent the same inputs that he used to pay Alice with all the BTC that was sent to his address (his "banking account") is divided equally between all the double spent transactions to the outputs by the network. Ultimately leaving Alice with 15BTC because Bob tried to scam her.

If Bob tries to pay for a loaf of bread with less than 2BTC in his address, then Alice has a message that pops up so she has to ask Bob to wait for confirmations before walking out of the store.

Using this system we could both promote people to accept Bitcoin and not sacrifice anonymity or force Bitcoiners into bondage. Future improvements could allow for parents to sign their kids addresses so if their kids double spend the penalty BTC is taken from the parents account.
39  Bitcoin / Bitcoin Technical Support / Trying to send new coins on: August 04, 2013, 02:03:34 PM
I am trying to send coins that I have just received and I am getting "code": -22,
"message": "TX rejected", why am I getting this error makes no sense? Shouldn't Bitcoin just keep rebroadcasting the transaction until it is sent? Is there anyway to do this without recompiling the source?
40  Bitcoin / Bitcoin Discussion / Bitcoin irony on: August 03, 2013, 08:36:07 PM
The ironic part in Bitcoin is that it's a completely artificial (albeit carefully planned) market that aims to create the ultimate free market, why haven't the devs put any effort into a bounty system to tap into bitcoins network hashing potential? Call it Bitcoin+ and let people put up bounties for unique addresses/darknet union URLs, cracking FBI/bank passwords etc.
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