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2301  Bitcoin / Meetups / Re: announcement: the international "when-bitcoin-reaches 1000,- $ party" on: December 13, 2013, 04:32:45 AM
Congratulations!  Looks like fine work.  Cool

I'll grab my ticket within the next couple of days.

The ticket is a paper wallet, I believe you can grab it now and fund it in a couple days.

the paper wallet is valid for 30 min. if no payment occurs within this period, you have to create a new paper wallet by refreshing the page.

Please consider adding that information to: https://tickets.btc1k.com/how_to
2302  Bitcoin / Meetups / Re: announcement: the international "when-bitcoin-reaches 1000,- $ party" on: December 13, 2013, 04:23:58 AM
Congratulations!  Looks like fine work.  Cool

I'll grab my ticket within the next couple of days.

The ticket is a paper wallet, I believe you can grab it now and fund it in a couple days.
2303  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: December 13, 2013, 02:34:40 AM
How is bitcoin millionares cashing out on their pyramid scheme good PR. buying something at wal mart is good PR, that just makes this look like a pyramid scheme

Wow, learn2PR.

Buying something at Walmart is good PR if you are a Presidential Candidate accused of being out of touch with the people, but otherwise... who can't just go to Wallmart and buy something?  so what, ho hum, no news.

Most people can't go buy a hot flashy car much less with only using secret numbers their computer made up.
It is way more interesting.  Sexy, crazy, cool.  Headline making.  Lifestyles of the rich and famous worthy.
As PR stunts go, it is a good play.
Houses bought with forgotten hard drives.  Lost Million dollar floppy disks in landfills, race cars bought with digital money.  Those are news.


Walmart accepting Bitcoin may indeed be a better thing for Bitcoin, but at the moment, it is somewhat more of a difficult hurdle than finding someone to sell you a car.
2304  Other / Politics & Society / Re: Opinion on the US on: December 12, 2013, 07:59:43 PM
I love it when anti-American fools can't even get off their own asses to fix their country so shit doesn't spill over their borders. Hence, requiring whatever international body or more often, US, to come in and remove the problem.

Case in point: China can't even talk to other asian nations without getting into a bitchfest about some piece rock in the south pacific.

US government is relatively benign compared to what other nations would be doing if they held such power and influence in their hands. Honestly speaking, no other nation comes even close in terms of how much fucking 'apologies' and 'reparations' that US government fully acknowledged and handed out. Even then, we don't believe that 'absolves' any mistakes made in the past - unlike certain nations who fling empty words of apologies and some money with an attitude that screams: "ok we gave you some money, we said sorry (not really), so FUCK OFF".

Meanwhile, japs can't even tell the truth about their crimes in ww2, chinese can't even get along with their next door neighbors without having a pissing contest on the international stage, pakis and indians fucking hate each other, and africa's always trying to scapegoat the west (sometimes chinese) for all their problems. Middle east just fucking hates everyone else with their racist antics.

The reason US is drawing so much childish ire from mouthy idiots around the globe is that America just can't seem to make up its mind about what it wants to be. More specifically, what the rest of the world THINKS and EXPECTS it to be: Either a forever generous and benign rich man whose generosity and prosperity they can all try to take advantage of, or cruel and absolutely vicious overlord that displays complete inhuman cruelty they themselves would love to exercise against whatever 'enemy' rubs them the wrong way.

Also, to all idiots in this country who thinks our government is 'corrupt', please check yourself and experience what that really means outside of US.

I believe that majority of actions taken by US, including fights against 'indians' (which btw so much anti-american shits seem to care so much about even though they never gave a shit before hahaha), bombing of hiroshima and nagasaki, vietnam, and iraq/afghanistan war, are much more justifiable than any other actions taken by nations around the globe from 18th century on.

However, it seems that biased idiocy against US is the 'in' thing to do. I suppose easier thing to do than admiring or respecting someone who is powerful and influential is trying to denigrate them down to their level.

Compared to other nations, I don't think US is really all that 'bad' - except maybe we should learn to be more vicious towards those who think having a mouth means you can bitch anytime to anyone you want.

Also, please don't try to bring up cheap and useless tangents with buzz words like 'genocide' and 'imperialism', or my favorite, 'empire'. Empires don't negotiate or give quarters. Most of these idiotic nonsense is often spouted by people who are too pampered to understand those concepts and CERTAINLY have never experienced them from the point of view of those who are truly oppressed under such system.

TLDR: Go fuck yourself. Fix your own damn country first so they don't fly planes into buildings and let blind lawyer escape from your 'cops' to a foreign embassy in the middle of your fucking capital.


I love Americans.
I also love the people of every other geography.

The freedom to be self-critical is a powerful engine of self improvement and inoculation against group-think. 

Power corrupts, to the extent that the checks and balances in the US system keep that from being worse than it is, we can claim a modicum of success, but the failures are woeful and plentiful.  If you want to get rich in America, make a career out of anti-corruption prosecution, whereas in many places that is a good way to get dead.
2305  Bitcoin / Press / Re: [2013-12-09] Bloomberg -Twelve Days of Bitcoin: How Hard Is it to Buy One? on: December 10, 2013, 03:54:37 PM

6% is not bad. But you can always bargain down. There will be some miners that need money to cover cost and sell at exchange rate.

Consider the extra as a fee for being anonymous.

Think if you say its hard for a newcomer now, then that means bitcoin is still cheap. When it gets world wide adoption ( exchanges in every country), it will be well over $10k per coin. We will have to use mBTC

In a rising market 6% over exchange is an AWESOME BARGAIN for fast coins from localbitcoin or bitcoin-brokers.org.
There are many weeks in which the price has risen far more than that in the time between when money could be sent to an exchange until when it appears in your account and you can buy the coins.  It can go up 20%-100% some times depending on the market movement and the delay of the particular exchange.  6% can be a steal.

Even if you don't care about anonymity, fast coins can be worth much more than slow cheaper coins by the time you get them.

The result of this was not lost on Matt Miller when he noticed that the day  he bought his bitcoin it had risen in value.  What may have been missed were the implications of that, and the peer-to-peer merits of "I know a guy who knows a guy".
2306  Bitcoin / Meetups / Re: Inside Bitcoins on: December 10, 2013, 03:05:36 AM
Just Checked in at the MGM 12 floors above the conference.
Looking forward to making the rounds Wink

There are what, 5-7 bars just in the MGM?

I'll start at the "Centrifuge" to see if they can enrich my cranium's uranium.  Look for the longhaired fellow in the beige stetson with the bitcoin button on the hatband.
2307  Economy / Collectibles / Re: Bitcoin Specie Project sponsored by the makers of New Liberty Dollar on: December 10, 2013, 02:18:27 AM
The First Year of Issue gold plated collectible pieces have been moving swiftly, there are about 20 left of the series, the list on the OP is out of date so if you want these, let me know ASAP.  I'm at the Bitcoin conference at the MGM Grand in Las Vegas so the inventory may not survive the next day or two.

The 2013 Bitcoin Specie 1 oz I have about a few hundred on hand yet.  These will likely sell out in the next two days, so I may either make a few thousand more, or start with the 2014 1 oz.  I suspect, I will have to make more as the 2014 dies have not yet arrived from the die cutters.

The next collectible series will be the 5th Anniversary of the Block Chain inception which will be available in January and will be the 2014.  We have not yet decided as to whether these will be hand numbered and gold plated, though this likely.  If there is significant interest, these may also be produced in solid gold.

The solid gold pieces will also start in 2014 and are about to go into production.  Due to the increased demand, we will also likely produce the fractional ounce pieces in early 2014, possibly the first quarter of the year.  These and the gold designs were set back due to a number of delays with other projects, sorry for that.

For the standard pieces (not the collectible editions) they will not be limited in quantity and are expected to be in continuous production through out the coming years.
2308  Bitcoin / Press / Re: [2013-12-09] Bloomberg -Twelve Days of Bitcoin: How Hard Is it to Buy One? on: December 09, 2013, 08:51:38 PM
heh, his wallet is growing faster than he can spend it.
Up to 1.3btc as of now.
https://blockchain.info/address/1BbAisaqKdkKddwu53a7GfJCmh2f7V2yDX
2309  Bitcoin / Press / Re: [2013-12-09] Bloomberg -Twelve Days of Bitcoin: How Hard Is it to Buy One? on: December 09, 2013, 08:43:19 PM
I just wonder how often he'll be reporting on his experiences.

Its been hitting the airwaves in bits and pieces about once an hour or two since this started.
2310  Bitcoin / Press / Re: [2013-12-09] Bloomberg -Twelve Days of Bitcoin: How Hard Is it to Buy One? on: December 09, 2013, 08:41:59 PM
The older people miss a basic conseptual inside , my 13 year old brother and my7 17 year old sister do have.
My parents miss it too , and this is exactly why it will take them over.



why do ppl have to think "oh i missed ... it "

Cant they stop looking at bitcoin as an investment?

Its a technology  and it WILL move forward. They just use it for what it is.


Probably the most important thing that is under-emphasized:  BITCOIN IS IN BETA (no one has "missed it") It is not even complete to version 1 and most software efforts aren't complete until version 3 or so.  These are the early days, and there are many more early days to come.

When expectations are reasonable, we have the best chance of success.

Thats a wrong way of thinking tho.... Bitcoin wallet client (even the official one) has nothing to do with bitcoin technology.

You cant say because the wallet client is still not version 1  that means the blockchain/bitcoin infrastructure is still in beta. Its pretty obvious now that the infrastructure is WAY pass the beta. And we're pushing to mainstream pretty soon.

Bottom line, bitcoin isn't an investment. Its the utility that ppl miss. All this "missing the boat" crap shows they don't understand what bitcoin is. They don't see how to utilize it.

Yes the network is pretty good, but on pretty much everything else we disagree radically.  People ought to think of bitcoin as very much beta.  It does not do what the average people think money ought to do and takes a while for people to figure that out. 

To say that Bitcoin wallet client has nothing to do with bitcoin technology is not something your average person is going to agree with either.  It is all that they will ever see.

And no, we are going mainstream soon, unless we have radically divergent ideas of "mainstream" and "soon".

Just because it is the best money that has ever existed doesn't mean that everyone can deal with it.  Not yet anyway.
You almost make my point for me with your last sentence here though "Bottom line, bitcoin isn't an investment. Its the utility that ppl miss. All this "missing the boat" crap shows they don't understand what bitcoin is. They don't see how to utilize it."

It has tremendous potential utility, and very little actual utility, unless you do most of your purchases on the internet, or want to buy gift/debit/prepaid cards and use those at the places that take them.

The Struggles that Matt at Bloomberg is having are all too common.  He is in the "above average" group and well within the target user base.  Furthermore all those criticisms of bitcoin are accurate, and ignoring that fact is what keeps folks from making the things that will ultimately bring the mainstream adoption.  We are not even close.  I can't even find a plumber in my major metropolis that takes it.

None of these keeps me from talking about it to everyone I meet, and the confused looks I get from 99% of people is fine with me.  I am happy to be the guy that planted the seed in their mind, and wait for it to grow in those minds that are fertile.
2311  Bitcoin / Bitcoin Discussion / Re: Bitcoin-Qt / bitcoind version 0.8.6 released on: December 09, 2013, 04:47:54 PM
-beta is probably not intended for a production release?
The -beta has been there in every release since the beginning.


BITCOIN IS IN BETA
Why do people forget this?

(not only are these the "early days" there are many "early days" to come)
2312  Bitcoin / Press / Re: [2013-12-09] Bloomberg -Twelve Days of Bitcoin: How Hard Is it to Buy One? on: December 09, 2013, 04:32:35 PM
The older people miss a basic conseptual inside , my 13 year old brother and my7 17 year old sister do have.
My parents miss it too , and this is exactly why it will take them over.



why do ppl have to think "oh i missed ... it "

Cant they stop looking at bitcoin as an investment?

Its a technology  and it WILL move forward. They just use it for what it is.


Probably the most important thing that is under-emphasized:  BITCOIN IS IN BETA (no one has "missed it") It is not even complete to version 1 and most software efforts aren't complete until version 3 or so.  These are the early days, and there are many more early days to come.

When expectations are reasonable, we have the best chance of success.
2313  Bitcoin / Press / Re: [2013-12-09] Bloomberg -Twelve Days of Bitcoin: How Hard Is it to Buy One? on: December 09, 2013, 02:41:59 PM
Matt Miller's public key at blockchain.info  1BbAisaqKdkKddwu53a7GfJCmh2f7V2yDX

Sending a tip of a gallon of gas worth of bitcoin to him:
https://blockchain.info/tx/b6c12392076fc8b929b63e8ecb810d104dfaa6dbfecabbf2fd1d3d1e81717e25

2314  Bitcoin / Press / Re: [2013-12-09] Bloomberg -Twelve Days of Bitcoin: How Hard Is it to Buy One? on: December 09, 2013, 02:13:43 PM
Yes, considering the audience, it is great, especially for the novice who is their average viewer.  It makes them feel non-stupid to see these financial "genius" struggle a little bit with getting their shiny new blockchain.info wallet to work for the first time and buy their first bitcoin, but succeeding in the end.

Having the novice feel non-stupid is one of the barriers to entry for mass adoption.
2315  Bitcoin / Press / [2013-12-09] Bloomberg -Twelve Days of Bitcoin: How Hard Is it to Buy One? on: December 09, 2013, 01:41:07 PM
Betty Liu is mostly distrustful of Bitcoin and generally talks it down, but some of those on her show are much more positive and curious.  As a result there was short discussion of Bitcoin:
http://www.bloomberg.com/video/12-days-of-bitcoin-struggling-to-buy-one-6gju__9xTpi5qyI_~aQy9A.html

Matt Miller is going to buy a bitcoin via localbitcoins.com and do the transaction on TV as part of the show, and then do something with it every day for 12 days.  He tried Coinbase and was daunted.  None of the people on the show have much understanding of bitcoin and there is quite a bit of misinformation, but this is one of the most widely viewed financial news in the USA.
http://www.bloomberg.com/personalities/matt_miller/

If you are in New York and looking for some exposure, you can probably sell something to Matt Miller over the next few weeks.
2316  Bitcoin / Legal / Re: Time to start thinking about taxes on: December 09, 2013, 06:35:41 AM

Silver and gold is primarily regulated by the CFTC.  Essentially if you are trading in physical, so long as it is under the threshold of a commodities futures contract (or one of the items not included in any futures contract such as Bitcoin Specie) it is not regulated as such.
If it constitutes what would be a futures contract, you are bound to report it to IRS as a trade.

Here is a decent primer on it:
http://www.coinworld.com/articles/what-coins-are-reportable

Point being?  When the Winklevoss ETF enters the scene, Bitcoin trades, even OTC may become reportable under the CFTC rules.
Aren't ETFs always reportable because they are securities?  Don't ETFs exist for foreign currencies?  Do they fall under the CFTC rules?  If not, what makes bitcoin a commodity that does?  Commodities can generally be consumed (products of agriculture are eaten, oil is burned, metals are used in the production of other non-commodity other goods), right?  How would one consume bitcoin?
Yes ETFs are always reportable.  Yes ETFs exist for foreign currencies, and yes those are CFTC controlled.  (So this also means if you trade OTC in a currency in the volume of an ETF currency basket that OTC currency trade is reportable as if it were a security)
No consumability is not a necessary element for either securitization or incorporation in an ETF and it isn't any "classification" as a commodity that puts it under this governance.  What makes it reportable through the CFTC ruling is trading the equivalent of a securitized basket through an SEC controlled ETF.

With the Winklevoss fund, trading 25K coins would be a basket and trigger their rule, though there may be much lower thresholds under other rules depending on what regulations appear.
2317  Bitcoin / Legal / Re: Class action lawsuit against Cryptsy.com on: December 09, 2013, 06:21:14 AM
Dickery is completely not the intent.
Just pointing out you have a chance at getting your case with some legwork, and the method for doing so.
2318  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 09, 2013, 06:00:45 AM
Exactly what is going to happen to make 10's of millions of dollars suddenly run away from bitcoin?   Which is what would have to happen to see the price slide.   Other than wishful thinking, I can't wrap my mind around what you bears think is going to destroy bitcoin.   Can any of you read an order book?   After the April crash, the order book collapsed.   It is building like crazy right now.

DDoS vs exchange does tend to thin the book.
slightly more robust now.
2319  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 09, 2013, 12:58:10 AM
We're all gonna die!  On another note, I chopped down a tree this morning, well chainsawed it anyway.  Was indeed fun.  I don't think a lot of those that expect a crash greater than 61.8% understand the sheer amount of money that was and is still coming in.  Over 225 Million dollars has changed hands in the last three days alone, just on Mt. Gox along with 2.25 Billion Yuan (~367,000,000 USD) on BTC China.

Every time in the last 5 months this happened, it marked a local bottom
2320  Other / Politics & Society / Re: PRISM - Who else is disgusted by this? on: December 08, 2013, 05:15:40 PM
NSA gathering 5 billion mobile phone records a day

As if phone tapping wasn't intrusive enough, they are tracking the location over 100,000,000 mobile phones every day by recording which cell towers you connect to. This has got to stop.

Here is a good explination of how you're getting tracked right now.

10th Amendment center comes to the rescue of the 4th Amendment.
http://www.thenewamerican.com/usnews/constitution/item/16656-tenth-amendment-center-drafts-model-legislation-to-nullify-the-nsa
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