762
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Other / Meta / Re: Post count reduced
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on: June 27, 2013, 10:19:41 PM
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It was an attempt to make it more difficult for spambots to get high forum ratings, but it also confuses many real forum members, and irritates others.
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764
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Bitcoin / Bitcoin Discussion / Re: Bitcoin blunder - The story of Bitcoin2Cash
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on: June 27, 2013, 03:27:41 PM
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In early 2011 there was a site called Bitcoin2Cash. It offered to exchange Bitcoins for physical US Dollars delivered in the mail. The exchange rate was staggeringly low but at the time it was the only game in town for getting cash for Bitcoin.
For 1 Bitcoin you would get 0.006 cents.
And people sold to this guy! He raked in over 75,000 BTC (currently worth over 7.5 million USD) during the sites short time of operation.
I personally sold him 5000 BTC in what I consider to be my biggest Bitcoin blunder.
Surely you jest.
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765
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Bitcoin / Bitcoin Discussion / Re: Run 'Round FINCEN Rules. Bitcoin Exchanges without Registering
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on: June 26, 2013, 09:48:22 PM
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I doubt that would happen unless opening an account on LocalBitcoins and actively trading was transformed into a "cool" social activity (and not a nerdic activity). A "hero of the revolution" or something. I don't think that's impossible to achieve. Not impossible. Imagine thousands of people eager to be an Independent Bitcoin Mercenary. Identified by a cool logo or graphic on their laptop computer, iPad, cap, or clothing. Using the free Wifi at thousands of Starbucks, McDonald's, and other locations. Conducting face-to-face transactions between Bitcoins and cash, with an aura of excitement and adventure. With well-timed, discounted loss-leaders such as flash drives, android tablets, etc. that can only be purchased with Bitcoins. Advertised via internet social media.
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766
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Bitcoin / Bitcoin Discussion / Re: Run 'Round FINCEN Rules. Bitcoin Exchanges without Registering
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on: June 26, 2013, 08:46:42 PM
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If 10000 US Bitcoin users opened accounts on LocalBitcoins and started actively trading, there would be little anyone could do about it. I doubt that would happen unless opening an account on LocalBitcoins and actively trading was transformed into a "cool" social activity (and not a nerdic activity). A "hero of the revolution" or something. And Craigslist is another possible fertile field.
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767
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Bitcoin / Bitcoin Discussion / Re: Bitcoin Foundation receives cease & desist letter
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on: June 24, 2013, 06:46:56 PM
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OH THANK YOU LORD, my prayers have been answered.
These stupid fucks got exactly what they deserved for anointing themselves The Official Bitcoin Politburo.
Congratulations, fuckwads. You proclaimed to the world that you were in charge of bitcoin and deserved all the credit for anything good that became of it. Instead you get only the blame.
I found this post amusing. Thank you.
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769
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Bitcoin / Legal / Re: Bitcoin Foundation receives cease and desist order from California
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on: June 23, 2013, 03:56:08 PM
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California’s Department of Financial Institutions decided to issue a cease and desist warning to conference organizer Bitcoin Foundation for allegedly engaging in the business of money transmission without a license or proper authorization
California is officially evil (if there was any doubt).
California’s Department of Financial Institutions is the protector of inefficient banking monopolies.
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770
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Bitcoin / Bitcoin Discussion / Re: BitCoins for Edward Snowden.
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on: June 23, 2013, 03:06:42 PM
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If all that everyone did were knowable to everyone... Would anyone bother with lies, would there be shame? Anger, violence, theft? Would we be left with only honest dealing based on our efforts? Are we now closer or further from finding out?
Universal security cameras, at least in "public" places.
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772
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Bitcoin / Bitcoin Discussion / Re: open source bitcoin presentation
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on: June 22, 2013, 10:48:26 PM
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I thought the presentation was concise, and it addressed the major questions an intelligent person might have about Bitcoin. Possible addition: Some current real world applications of Bitcoin: - Preservation of wealth in an inflationary economy
- Transfer of wealth from a confiscatory environment
- Transfer of wealth into a restricted environment
- International purchases
- Purchase of restricted items
- Participation in international internet commerce
- Instant internet "tip jar"
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778
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Bitcoin / Bitcoin Discussion / Re: BitCoins for Edward Snowden.
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on: June 11, 2013, 07:44:26 PM
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He does not sound like a ChiCom to me:
The Guardian describes Snowden as intensely passionate about the value of privacy; his laptop displays stickers supporting internet freedom organizations including the Electronic Frontier Foundation (EFF) and the Tor Project. In the 2008 presidential election, Snowden voted for third-party candidates. He said he "believed in Obama's promises," yet "he continued with the policies of his predecessor." For the 2012 election, political donation records indicate that he contributed to the primary campaign of Ron Paul.
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779
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Bitcoin / Bitcoin Discussion / Re: BitCoins for Edward Snowden.
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on: June 11, 2013, 05:15:45 AM
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If you want to send him bitcoins, don't send it to him directly...
I was thinking the opposite. If we could be absolutely sure that we had a valid Bitcoin address for the real Edward Snowden, this would be a great opportunity for him, freedom, privacy, and for Bitcoin. Donations should come from everyone in this forum, most people who use Bitcoins, and (drum roll please) many freedom-loving people all over the U.S. and around the world who would instantly have a reason to download a Bitcoin wallet and put something in it, so that they could help Edward Snowden, wherever he goes. The blockchain would document the overwhelming support that he has. Do we have any trusted boots on the ground in Hong Kong to try to contact Edward Snowden and take a photo of him holding up a note with a hand-written Bitcoin address? I am ready to give him a donation. I think he needs help.
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780
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Bitcoin / Bitcoin Discussion / Re: BitCoins for Edward Snowden.
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on: June 11, 2013, 12:42:38 AM
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From what I have read, these are facts: - He was not working for a foreign government
- He did not reveal the info for money
- He concluded that his agency was breaking the law
- He was selective about what he revealed
- He went public at a great personal cost
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