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221
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Economy / Economics / Re: LTC new all time high at $9.49 BTC-e and $16 China!!! Nothing will stop us!!
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on: November 19, 2013, 01:42:49 PM
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BTC/LTC have Exactly the same economic model so no one should be the least surprised that they can both undergo the same kind of speculative bubbles. Ultimately they will either both fail or both succeed on the validity of that economic model, I feel that model is basically a pyramid scheme and will fail but I see no reason BTC users can direct so much blind hate at LTC and think it is so different that they are not basically in the same boat.
In what way is FIAT currency not a pyramid scheme? Hell, it even has a pyramid on the back of it!  |
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222
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Bitcoin / Bitcoin Discussion / Re: Why I'm boycotting bitcoins.
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on: November 18, 2013, 10:42:15 PM
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It's inherently classist. Only those with access to moderately high levels of technology can spend or receive it. Only those with access to exceedingly high levels of technology can "mine" it. Heterosexual, middle class or higher white males are disproportionally represented in the demographics of bitcoin users. Bitcoin only serves to uphold the current kyriarchal socioeconomic structures by making sure the privileged become more privileged.
And it's a terrible idea. You spend more on your parents' electricity bill and replacing burnt out GPUs that your parents buy for christmas and birthdays than you actually theoretically make.
Bitcoins are basically just this weird attempt by lolbertarian children to make their own currency and play stock market and dodge taxes.
i'm pretty sure, knowing what you know now, you would have bought bitcoin 3 weeks ago when it was $110. Sure he would have bought. And then sold and used his profits to help homosexual low class black women with little access to technology. Right, OP? |
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223
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Bitcoin / Bitcoin Discussion / Re: Why I'm boycotting bitcoins.
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on: November 18, 2013, 07:22:07 PM
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Sounds like you are the perfect candidate for the ObamaCoin  All you have to do is sit on you rear all day and collect CoinStamps so you can redeem them for ObamaCoins. If you are a minority you get additional ObamaCoins! Good luck!  Insulting Obama, how predictable. Having a black president must make you right wing libertarian types so fearful. First you create bitcoins when Obama first got inaugurated in 2009, and then another rally happens this spring when he gets inaugurated again, and now yet another rally when obamacare gets passed. You mean half-black? Or biracial? Or mixed? Or mulatto? Only a racist would refer to him as "black", amirite? |
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224
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Bitcoin / Bitcoin Discussion / Re: Why I'm boycotting bitcoins.
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on: November 18, 2013, 07:20:47 PM
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It's inherently classist. Only those with access to moderately high levels of technology can spend or receive it. Only those with access to exceedingly high levels of technology can "mine" it. Heterosexual, middle class or higher white males are disproportionally represented in the demographics of bitcoin users. Bitcoin only serves to uphold the current kyriarchal socioeconomic structures by making sure the privileged become more privileged.
And it's a terrible idea. You spend more on your parents' electricity bill and replacing burnt out GPUs that your parents buy for christmas and birthdays than you actually theoretically make.
Bitcoins are basically just this weird attempt by lolbertarian children to make their own currency and play stock market and dodge taxes.
I thought your post was funny. Especially how you called out straight people. Yep. Most bitcoiners are straight people because most people are straight people because Nature somehow doesn't think that it should be too easy for gay people to reproduce. Now everyone knows you're gay, as well as a communist. Good luck with your boycott! {admit it - you just wanted to start a boycott because it has the word "boy" in it. } |
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225
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Bitcoin / Bitcoin Discussion / Re: You don't have to buy a whole Bitcoin! You can buy partial!
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on: November 18, 2013, 02:53:54 PM
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It's insane, the mental block behind buying partial bitcoin.
Here I am telling people at 14$ a BTC to get in on it, and then it jumps in price and they say it's too expensive. I agreed with them.
What stopped me from buying partial bitcoin?? I knew I could, but the constant idea running rampant in my mind was that I had to get a whole bitcoin or more for it to mean anything.
What a silly thought.
People think of if in terms of tangibles. People don't want to buy a tenth of a bag of potato chips. |
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229
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Bitcoin / Bitcoin Technical Support / Re: Bitaddress WTF!
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on: November 14, 2013, 02:52:35 PM
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So I generated a couple of paper wallets on bitaddress.org, I loaded them with 0.1 BTC each, and then I cannot import their private keys anywhere! Even on bitaddress.org if I try to import them I get: "The text you entered is not a valid Private Key".
WTF!
Thanks to g-d i loaded just 0.2 btc.
Any explanation welcome.
Does your private key start with a 5? Is it possible that you accidentally truncated the number (assuming you copied and pasted it)? Double check every character with your source, and hope that you didn't copy the private key down wrong. |
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233
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Bitcoin / Bitcoin Discussion / Re: The NEXT generation of Physical Bitcoins...
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on: November 13, 2013, 06:50:47 PM
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Quick update and an apology
I just wanted to apologize to anyone that made a purchase on our site this morning that was subsequently cancelled. One of developers updated the code to our website late last night (2:00 am here in California) while the rest of us were sleeping. It wasn't until this morning that we realized he had enabled an automatic pricing feature that wasn't fully tested yet. As a result, we were offering to sell bitcoins at a loss this morning for about 4 hours.
I would love to have fulfilled those orders, and it would have been a customer service win of the first order, but it also would have meant that we took a loss of about $2,000. Honestly it was a tough choice, and our customer service rep really resisted when I told her that we would have to cancel those orders. I hope the members of this community can sympathize with the challenges of pricing our products in dollars, in an environment where the selling price of bitcoins varies by as much as $100 depending on where you buy.
We're interested in making things right with our customers, so feel free to shoot me a PM if you got stung by this error on our part and I'll happily send you a discount code for future purchases.
Thanks
Ouch. That's not a very fortunate occurrence. However, you might have done well to have left out your hypothetical loss priced in dollars.... For example, now I know that $2000 is worth more to you than having, as you put it, "a customer service win of the highest order". You would rather NOT sell at a loss (when the mistake was clearly on your end... similar to a store advertising a price, and then at the check-out register, the price is raised or the order canceled), than please your customers. Your customers didn't ask for you to mis-price your items, and they did not ask to have their orders cancelled. You were willing to turn them off to your business for $2000. I'm not meaning to come in your thread and talk ill of your company, but the fact that you stated that if you hadn't canceled the orders, that you would have lost $2000, tells me how much (like, actual dollar figure) you value customer service. Had you left that amount out of your post, I might have supposed that your hypothetical loss would have been much higher, and thus perhaps I would have been more accepting of your treatment of your (would-be) customers. |
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236
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Other / Meta / Re: Forum avatar?
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on: October 29, 2013, 03:29:51 AM
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It's disabled, don't hold your breath.
Any particular reason why? |
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239
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Bitcoin / Bitcoin Discussion / Re: What my daughter thinks of Bitcoin
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on: October 28, 2013, 06:49:23 PM
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most giftcard for bitcoin sites are for the Yanks.. not the Brits.. so in my case its still not useful, and i know kids that prefer something in hand as a direct reward for chores. and not the whole go on computer play around with a couple websites to print out a voucher / get code sent to phone ..
family i have love seeing pennies in their little purses .. and the funniest thing.. if i gave them £1 in pennies (100 coins) they think they are receiving more then if i gave them a £1 coin. well they are all under 6yo so i cant blame them..
They would be right. The intrinsic value of 100 pennies is greater than a single £1 coin. Children generally prefer coins to paper money as well (again, the intrinsic value is higher). |
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240
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Economy / Goods / Re: Selling CUBAN CIGARS Full Boxes and Individual Cigars w/SERIAL # all intact
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on: October 26, 2013, 03:08:07 AM
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The second giveaway will close Sunday. Also I have decided the last entry in this thread will be Sunday evening at 11:59pm Eastern Time (New York City Time).
NEW GIVEAWAY ALERT!
This will be my second giveaway here. ANYONE can apply this time. All you have to do is post in this thread, "I am entering into the Cuban Cigar Giveaway!"
One winner will be decided for the following cigars!
1x Cohiba Maduro 5 Genios
2x Romeo Y Julieta Short Churchill
2x Cohiba Maduro 5 Secretos
1x Cohiba Siglo VI
$148 value!
Winner will be decided Sunday October 27th!
"I am entering into the Cuban Cigar Giveaway!" ....did I win? |
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