Funny, I have a bank that accepts BTC and deposits into my bank account... It's called coinbase.

There is this other neat one... Maybe you heard of it, it's called PayPal... My other bank.

Then FIAT isn't a tangible object... Which makes you just an idiot and a walking contradiction.

You are right, it isn't a soft shiny malleable chunk of earth... (gold) Ever try spending that? Good luck finding someone who wants to use that for exchanges, without having a personal alchemist to smelt and test it for purity to ensure it isn't counterfeit.

You can print "paper-wallets", which can not be hacked, and like a "check" or "bank note", represents your tender.

It can be deposited the same way money is deposited... It just isn't yet... Unless you count safety-deposit-boxes, in banks.

My bank accepts Euro deposits, but not all do.. does that make Euro useless or not a FIAT?

You deposit a dollar, it is turned into virtual representation in the computer there. You are the bank in BTC. The Network is similar to a banks network. Except, unless stolen, your BTC is always there, where you left it. With a bank, it might be there, but normally it is lent-out again to another person. (The majority of solid deposits in a bank are lent-out.)

What, no-one can steal your identity and use your ATM card or CC number linked to your account in a bank, or just rob the bank?

That's funny, my miners are physical... the computer running your wallet is physical, the internet fiber-optics are physical, the memory where these originate and reside is physical... There are physical wallets and coins...

Lets see your bitcoin without some kind of physical asset to display it.

What isn't physical about it? Credit-cards are physical, FIAT is a physical form of "virtual trust", and banks...

FIAT is a virtual value.

But BTC does lack the properties of real currency... that is why it was created... If it acted like a FIAT, it would be a failure of a design.

That is like saying an airplane is not like a car... No shit! I drive a car to work, down the road. I fly a plane to work, overseas!

It's a virtual and physical asset, a stock in the network, a form of exchange (currency-value), and a commodity, all at the same time.

It can be spent, traded, earned, lost and destroyed... But not duplicated, extended in whole volume, or directly regulated beyond acceptable network programming. Thus, not a FIAT. (Just for the anti-counterfeiting alone, it will save us billions in losses. Ahem, Russia, Zimbabwe-dollars.)

The value of your coin is what you paid for it, at the least... Accept nothing less, Accept anything greater. Expect nothing except what you paid for it.

If you were lucky and got it cheap, great! If not, then you just have to wait until someone sees your coin as worth more than you paid for it. Just like anything-else in life, except FIAT... That is the only time it is ever what the govt and banks tell you it is worth, unless you stop listening to them, and sell it on ebay for more than it is worth. (Yes, they do that. Look at the Zimbabwe 100-trillion dollar bill, worth $0.000000000000000000001 USD, sold for up to $5.00 USD on ebay! Even US-Pennies get sold for dollars.)

Lead or follow, just don't get left behind!

In the end, it is only what you make it to be... If you do nothing, then expect nothing. You want it to be more, make it more! Otherwise you are just another spectator, holding a coin, waiting for a free ride. Free rides take longer than walking or running.

I disagree...

There is the endless paradox of... "If you traveled back into time, then you had been there previously, the first time, and anything you did would have had the same result. Because the reason it did what it did, was only because you had traveled back in time, and done that."

He who travels back in time, only loses valuable time from their life moving forward. You can't undo going back, and going back has already set you back in time. Even if you eventually go back to the previous present, you have lost that time you were gone. Going into the future... If that were as possible as going into the past, would not gain you any more time, only allow you to see what you would not have seen, had you just lived up to that point. Going further than your entire life expectancy will yield no more time on your hands, nor provide any more advantage. The future 100 years from now is as uncertain as the future 1 second from now. Once it is realized, it is no longer the future, only the present to you. To others who can not travel, the future is irrelevant, since they live in the present, where-ever in time that is.

You don't even realize that you have never actually seen the present. You can only see the past. It took time for light to travel from the present, into your eye, get translated into a memory, then be examined as a thought by your mind. That, is micro-seconds in the past, what you believe is the present. No-one has ever "seen" the present. No matter how close you get to the light/reflections.

For all we know, light travels 1000x slower than we think, and we are all moving at a snails-pace, in reality. What we measure time with, is our heart-beats... 60BPM, 60Hz, 60-cycles... why have hear-beats become irregular after 100 years of "good heart rates"... We stopped wearing watches that tick every second, which helped our body stay synced with a "regular" pulse. Yes, our nerves sensed the ticking of pocket-watches, wall clocks, grandfather-clocks, and metronomes. Now we are digital, and lacking that timing. Out hearts have returned to the primitive irregular heart-beats of our ancestors before watches were invented... Time is killing us... or rather, lack of mechanical time is killing us.

Heart-conditions are a large killer of most men... Buy a real watch, and wear it... Stay healthier longer!

Sorry, I have ADD, what was the question again? Rewind...

Saying you are female, and actually being female are not the same... This is the internet after-all!

Yea, it targets the poor!

Can't be insolvent if they are cashing-out all the BTC they just earned, on the other exchanges...

Heck, they didn't say they had issues moving their own coins... Buy all the low ones on their own exchange, move them out, before we can, than cash-out on the other exchanges higher rates, before we can... Insolvency erased. (Unless the other exchanges are actually the insolvent ones, and thus, why they don't seem to want to let anyone cash-out, holding those markets purposely high, buying their own fake coins, to make it look like actual trading is happening.)

That is why regulation, to some point, is needed. Accountability and live public auditing. Or simply, Proof.

It will happen... These exchanges will soon have to provide proof of held funds, BTC and FIAT. Even if it isn't 100% of all deposits. (Like banks are allowed/forced to do.)

You want to be unregulated, just got to say.. "This is an unregulated exchange", to alert those who don't want to risk that potential loss.

No they just told us where they actually are now... ... or where they want us to believe they are, while they run! JK xD

Points: Gox rent rat ray ->
Then they runs rat ray <-

Yes, I voted no...

Yes, we have no bananas...

Oh, Gox is moving... Moves coins... Shit, it stopped...
Oh, BTCe is moving... Moves coins... Shit, it went down... Moves back to Gox...
Damn-it, Gox down now... Gets ready to go back to BTCe, Nah, they still low too...
Shit! BTCe just spiked... Move, move, move...
Damn-it, pumping stopped and it dumped even lower... Back to Gox...

WTF, Gox is trading last summers prices! Move, move, move...
WTF, I can't move!

Screwed...

No, those are avalon knock-offs being sold as BFL. (That or coincraft boards.)

Funny that people still fall for fake sales on ebay.

Here is what an actual professional thinks. One who knows the unique type of "value representation" that BTC is...

BTC to $50,000/BTC, just not by tomorrow... Next year... lol.
http://finance.fortune.cnn.com/2014/02/18/50000-bitcoin/

Someone sold 1 BTC for $10... So, that was his choice. Exchanges don't determine YOUR price, they just reflect what others are willing to let them go for. If you let others dictate your value, you are just a spectator. Go back to stocks and FIAT. That is a spectator sport.

The network/wallet just has to "reject" odd-numbered blocks by POS, and the wallet simply has to stop attempting to mine POS when it has detected an "Even block" has just been accepted. Thus, it would not be attempting to mine the odd one that would follow. (You would not reject POW at any point in time... if POW beats POS, it deserves that block, over a POS.)

Both would have to happen, or someone would just make a wallet that did mine POS on even and odd, if the network didn't also reject those, in addition to not attempting to waste time mining POS.

Froze my computer a couple of times, when it went nuts mining POS too... that should be throttled better. (More of a casual hunt for POS, not a full-on race for POS hunting. That too could be limited to force POS only for every other wallet... If you found one, you have to wait for the next one (even one) to be found by anyone-else, before you attempt to submit your next POS. Creates more even distribution too.)

EG...
e POW {even}
o POW {odd}
e POW {No POS ready yet}
o POW
e POS (you) {POS due, you got it}
o POW
e POS (someone-else)
o POW
e POS (you)
o POW
e POW {Beat POS to the block, it deserves it, this was actual work}
o POW
e POS (someone-else) {not you, you got the last POS}
...

Since three wallets/daemons are always needed for the network to live, this would always work. (1/4 might be spotty, unless you force 3+1 connections as the minimum for the network to live. Spotty, because it will ultimately round-robin the POS, with only 3, on every other even block. I might be playing that out wrong in my head...)

Can't get any more simple than that.

However, it would require a hard-fork, as the prior blocks before that point would have to be "accepted", for what they were, even or odd, in code. (Otherwise the network would reject the whole past chain, for validation, prior to building before that point, for any new wallet creation.)

That would also appease the diff-adjustment. So POS does not wrongfully bump-up POW diff, since it does not actually contain the x-coins reward, or may actually contain x-coins more than the reward.

Now if it forced holding more coins, before creating a POS block... That would be even better. (Instead of accepting super-small fresh-mined blocks.) Same if it had a maximum limit... You have two blocks of 100,000 coins, you get instant super reward, over a guy who has thousands of 1-20 coin blocks, which forces the system to create TONS of POS, while the other guy only creates one. But that is a whole complex set of programming. The other thing is immediately rewarding, and easy to do in code.

Not everyone has time to baby-sit miners. (Nor should that be a requirement, to mine, so you don't lose-out.)

You think that was a big swarm... Wait until there are thousands of open wallets POS mining. (Again, that isn't making the network use any less power. It makes it use more, and more wasteful power.)

It is great that it instantly pushes the hoppers off the coin, but that still leaves teh dedicated miners holding the short stick, 100% of the time.

This would reduce the losses (of unattended dedicated miners) by 50% immediately. (Hoppers will still leave immediately still... but our short-stick gets a little longer.)

Also, even if the entire network gets super-saturated with "due POS rewards" from millions of small-block rewards, the damage will never be more than half network stalling of POW reward/loss.

9.5 GoxBTC, or RealBTC?

You want to save this coin...

Force POS to only happen/accept on "Even" block numbers. That allows for POW between every POS, and that WILL give you some actual security. Until the last coin is mined, then, and only then, should POS be allowed to run on every block.

Even better, only allow POS on "every other", "Even block". (1/4)

That will limit the distribution to be more evenly also, as one CPU can't just build upon its own blocks which have not even had time to distribute through the network. (That alone, decreases security, because one POS puke could all come from one fast CPU and fork the whole chain.)

Not if you are a miner...

Hard trying to convince people to mine, when they constantly get told... "It's a good thing that you worked for nothing!"

That didn't save any energy... it just made a bunch of miners mine for zero reward, making them foot the bill while POS booted the work they were doing. You just added more energy-waste from CPU mining, in addition to the unrewarded GPU miners. Where did you learn to do math?

When they leave, they will cash-out and take what little value was left in the coin with them.

That was just a small swarm of POS blocks... Imagine what happens when people actually use this coin!

You don't even have a mechanism in place to alert them that they are wasting power or time mining blocks that can never compete with POS, so they could... Um, mine something with actual value instead of just burning electricity, racking-up the electric bill for your entertainment. All so someone who is not even contributing to the network can get 2% reward, which is still more than the 0% reward the actual workers/miners are getting.

POS was a neat idea that was poorly executed, and photocopied and made even worse. It secures nothing. Just fills the chain with hyper-blocks of crap.

That's why everyone left bottlecaps. (That, and poor support)

"Any other third party uses the resources is considered illegal." (That is already a violation of the agreement to using "Bitcoin's open-source code".)

LOL... he does not own the copyrights to flappybird... He is being sued for copyright infringement.

So... who is it that owns the copyright? You? So you can sue everyone who holds a coin and uses a wallet or offers a wallet service... "You" can't own "code" that is opensource, that includes claiming copyrights.

No third parties can use the logo or name... because that would infringe on "your" copyright... Um... So much for getting any services, since you seem to want to sue them after they use the logo/program or whatever you ar claiming is copyrighted...

Exactly what is copyrighted? Show us the copyright... Or is that already a lie. Copyright in what country? Vietnam? You need one for every country that you want to enforce the copyright. SO you have one in every country? "You" are going to enforce them? So "you" also get any money from suing your third-party creators of services...

Sounds like something most should stay far away from...

You don't own the coin... (network/program)... Either "everyone" can use the logo, without restrictions, or no-one can.

Coin dead...

By the way, you can't "copyright" a single word. You can "trademark" a word, as a logo.

Ok, AMT...

You were right on the page with all the errors, when you updated the wattage to 900-1200W...

Just above that, it still says... (On the additional information tab)
Weight: 8.0 lbs
Size: 20x10x22 cm

Yet, on the "Description" tab, it still says...
Weight: 18.0 lbs
Size: 18x7x18 (?? in/cm/km/ft/mi/yd ??)

It is not 20x10x20 cm... and I doubt it only weighs 8.0 lbs... You changed the power right on the same page! lol

You don't need to repeat that redundant information.

Remove the Weight and Size from "description". It is more of "additional information".

Actually, Move wattage to "Description"... and put this crap on the "Additional information"
Included accessories:
2x USB Cable
2x Network Cable
1x Power Cord
Warranty: This unit’s system board has a
lifetime warranty from manufacture defect
or component failure.

That is "additional information" junk that is unimportant to the "description". (The accessories that accompany the device.)
- Size (Though descriptive, most of us are not decorating with it)
- Weight (Though descriptive, we are not lifting it for exercise)
- Cables
- Ribbons
- Stickers
- Software
- Warranty

The "Description", is normally... (The units ability and looks. Size and weight are not looks or ability. It doesn't look 20x10x20 inches, it is that size, in addition to the looks.)
- Name/Model
- Speed
- Power
- Looks
- Chip/Core-element

Just reminding you for the third time... (Makes it easier to update too, you don't have to look all over to change every instance that should actually be just one variable in the units database.)