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17281  Other / Beginners & Help / Re: Seeking advice on: January 09, 2014, 12:44:19 PM
Try to ask for a loan i just saw the section and you can ask for 10 BTC if you want tho

You're not going to get any loans without any collateral that pretty much equals or surpasses the amount you want to loan, so it's pointless.
17282  Other / Beginners & Help / Re: Escrow: how does it work here, where do I find it? on: January 09, 2014, 12:28:57 PM
I send $20 money pack yesterday for my first trade with a member I found on the exchange subforum, I have yet to get the bitcoins he said to wait till it gets registered on the blockchain so I'm waiting but for larger sums I would like to use escrow for trades, can someone explain how that would work if I buy for example $200 MoneyPak for some litecoin lets say, where do I get the escrow and how long would everything take on average and how much do I pay escrow service?

Thanks in advance

You send the money to an escrow agent, then seller sends the coins to you, then the escrower releases the funds to the seller.

Thanks @hilariousandco but where do I find this escrow agent?


List of trusted escrowers is here: https://bitcointalk.org/index.php?topic=108716.0
17283  Other / Beginners & Help / Re: I seriously wanna get rid of my damn GoxUSD NOW on: January 09, 2014, 12:27:39 PM
I want to know why people are still using Gox? Not heard a positive experience from anyone about their service.
17284  Other / Beginners & Help / Re: Escrow: how does it work here, where do I find it? on: January 09, 2014, 12:18:55 PM
I send $20 money pack yesterday for my first trade with a member I found on the exchange subforum, I have yet to get the bitcoins he said to wait till it gets registered on the blockchain so I'm waiting but for larger sums I would like to use escrow for trades, can someone explain how that would work if I buy for example $200 MoneyPak for some litecoin lets say, where do I get the escrow and how long would everything take on average and how much do I pay escrow service?

Thanks in advance

You send the money to an escrow agent, then seller sends the coins to you, then the escrower releases the funds to the seller.
17285  Other / Beginners & Help / Re: Question about altcoins ... on: January 09, 2014, 12:17:28 PM
so, altcoins creation will NEVER stop Huh

Probbly not as long as people keep mining them and making profit from them. Hopefully their appeal will die off, but you must remember its still early days for crypto and many people are wanting their piece of pie as they missed out on the Bitcoin feast  Cheesy.
17286  Bitcoin / Bitcoin Discussion / Re: One Day, What if... on: January 09, 2014, 12:09:10 PM
"The Experiment is over. Thank you for participating"

What if one day you open your bank account and you will see a message "experiment is over" ...

Haha, or the message is Balance: Zero - Should've bought Bitcoins  Cheesy.
17287  Other / Beginners & Help / Re: Question about altcoins ... on: January 09, 2014, 12:05:31 PM
Hi,

every day a new altcoin is launched ...

Is there a definite number of possibles altcoin, or will this "coin creation" continue forever ?

and why so much coin type ?

It will continue as long as people are prepared to mine them. Maybe people will get bored eventually, but you can make a quick bit of profit by getting in early then pumping and dumping, so as long as this is happening people will still keep creating these shitcoins.
17288  Other / Beginners & Help / Re: Meme and Greed - two gods of Crypto? on: January 09, 2014, 12:01:18 PM
Hello forum!
I've been exploring cryptoworld for several month and like many other started with litecoin.  But problems with pools lead me to the altcoins and it seems that most of them are meme- and greed- driven.

Capitalists gonna capitalise. If they can make profit on something, people will. The meme factor is just riding a free publicity train.
17289  Other / Meta / Re: Bitcointalk.org = Bitcoin version of Alibaba on: January 09, 2014, 11:59:03 AM
Maybe, but if the mods banned users wouldn't they be those who "have all the power"?
In the moderator policing the forums case, theymos controls who he wants to asign and you can't do crap, in the trust rating situation, theymos asigns who he wants in the DefaultTrust however you can change it to what you want. Besides what kind of idiot doesn't check out all the trust ratings before doing a trade with that person?

The kind of idiots that get scammed on here daily  Grin. And the opposite is also abused. A scammer can make a few accounts, give himself feedback from 5 of them so he looks legit, then scams anybody who trusts him. No system is perfect, but putting trust in this trust system is where people fall down as it gives them a false sense of security.
Welcome to the jungle. Smart people win, dumb people lose. The system is definitely better than the high probability of turning the centralized system into a tyranny.

It doesn't have to be one or the other and especially Tyranny vs Complete Lawless Anarchy where anything goes and every man for himself. A middle ground needs to be achieved (or at least attempted).
17290  Economy / Services / Re: Earn upto 0.6 BTC per month for your signature! on: January 09, 2014, 11:55:16 AM
I just read the whole thread and let me say that we don't need any more policing of the forums. The people who agreed to this were just really stupid.

Haha, there's a few other threads of these types that are even dumber. People will never learn.
17291  Other / Beginners & Help / Re: Blacklist Scammers on: January 09, 2014, 11:53:06 AM
Is there a Blacklist for Scammers on this forum? cause i have a few to add.

Not sure, but there's a separate subforum for Scam Accusations. Blacklists don't tend to be that effective as scammers will just create new accounts and start again.
17292  Bitcoin / Bitcoin Discussion / Re: What is the "best" (easiest and relatively safe) wallet voor total noobs? on: January 09, 2014, 11:51:03 AM
It depends on their personal needs. A lot of people swear to never keep money (or not much of it) online, but Blockchain.info is pretty sound as long as you take advantage of all its security features (2 factor auth second password etc). Most wallets are only as safe as you are at the end of the day.
17293  Bitcoin / Bitcoin Discussion / Re: Name the 0.0001 BTC unit - Final Poll on: January 09, 2014, 11:48:22 AM
I have no idea why people would vote for bit when it is commonly known as an eighth of something.

.0001 is not an eighth.

I like both bit or bip, but decide to vote for the latter.
17294  Other / Meta / Re: Bitcointalk.org = Bitcoin version of Alibaba on: January 09, 2014, 11:21:09 AM
Maybe, but if the mods banned users wouldn't they be those who "have all the power"?
In the moderator policing the forums case, theymos controls who he wants to asign and you can't do crap, in the trust rating situation, theymos asigns who he wants in the DefaultTrust however you can change it to what you want. Besides what kind of idiot doesn't check out all the trust ratings before doing a trade with that person?

The kind of idiots that get scammed on here daily  Grin. And the opposite is also abused. A scammer can make a few accounts, give himself feedback from 5 of them so he looks legit, then scams anybody who trusts him. No system is perfect, but putting trust in this trust system is where people fall down as it gives them a false sense of security.
17295  Economy / Services / Re: Earn upto 0.6 BTC per month for your signature! on: January 09, 2014, 11:17:37 AM
Why is this thread still not locked ?

Bloody scammer
Scammer or not, it's for the community to decide and police it. The forum's policy is to monitor the basics such as spam, off-topic threads, not scams.

You are right, but I think it's time to change the policy since scams are happening much more often.
This is a libertarian forum, thus the policies are libertarian. The current system makes you think rather than blindly depend on authority.

Libertarianism doesn't mean we have to sit back and let scams thefts and frauds happen in broad daylight.
17296  Other / Politics & Society / Re: Threat of penny auction for the Silk Road coins? on: January 09, 2014, 11:12:22 AM
The FBI wouldn't dump the coins to market since that's not how they operate when dealing with seized assets.

BurtW put it best in the other DPR thread:
1) Yes the ownership is or will be, of course, contested.  So they cannot sell them until that is settled.
2) He probably had to turn over the keys in order to contest the ownership and/or to cut a deal.  In any case AFAWK the FBI does control the two addresses.
3) They will not sell them until everything (ownership, guilt, etc.) is all settled and appealed.
4) When they sell them they will not use any exchange, they will auction them off just like they do all other seized assets (gold, cars, boats, houses) through their already established methods and protocols.
5) I expect that they want the most USD they can get (not the least) - as this all goes directly into their budgets.
6) These people are not stupid and (for the most part) they do follow the law or their own internal regulations.  We are not talking about the CIA or NSA here.
7) They do not give a shit as to what Bitcoin is, whither a currency, asset, "digital gold" or whatever.  That is not their job.  They just want the most USD they can get to line their budgets.

I could be wrong.  I would be willing to bet on this but the event (sale of the BTC) is so many years in the future that placing a bet is not very practical.  I wish I could in order to just shut up the hundreds of threads on this same subject every day, day after day.  It gets very tedious.

I guess I could bet "The FBI will not sell or otherwise dispose of the DPR coins in the next year"  but who would be stupid enough to take the opposite side on this bet?

While I generally agree with most of these assumptions, Bitcoin is a brand new entity to them, so I don't know how they'll liquidate it. I'm sure they've had many meetings over this. Regardless, it's gonna draw a lot of media attention and big names when they come to sell either on the market or auction, but I'm sure DPR will drag the legal battle out for a long time - well, unless he gives them up as part of a plea deal, which I reckon he might cos he looks pretty much screwed at the moment either way.
17297  Other / Politics & Society / Re: Uruguay legalized Marijuanna, goes into effect April on: January 09, 2014, 11:07:23 AM
Common sense prevails. Wish our brain-dead politicians in the UK would do the same, they could make £billions in weed tax.
I agree. Absolutely no logic to it. I wonder if it's just down to pressure from some other sources, or are they just idiots?
I think some of its due to scaremongering from right-wing rags like the Daily Mail. The UK alcohol industry also has very powerful lobbyists (people drink less booze when they're high) and big Pharma probably see's cannabis as a threat to their petro-chemical 'medicines'. Can't have the proles curing themselves with non-toxic natural substances Wink

Yeah, I agree, but is cannabis really such a big threat to the Pharma and alcohol/tobacco industries? I'm not so sure.

non-toxic? maybe it is non-toxic if you touch the plant, but when you burn a organic material there is toxic smoke that contains tar, among other things.
Natural? everything is natural, and everything is chemical. Maybe you can think that there's nothing as natural as water, but water is two hydrogen atoms and one of oxygen, so it's chemical.

Does cannabis actually contain tar and is it definitely toxic? I know breathing in the fumes of burnt plant matter is not ideal in any circumstance, but I'm sure cannabis doesn't contains all the nasty ingredients poisons and additives that tobacco does, not even close.
17298  Other / Politics & Society / Re: [POLL] How would you describe yourself politically? on: January 09, 2014, 11:00:16 AM
Libertarian, but Libertarians can be Anarchists too, which is what Libertarian Socialism is.
17299  Other / Politics & Society / Re: What country is the most "libertarian" would you say? on: January 09, 2014, 10:58:36 AM
Libertarians are just a type of Anarchist but with Autism. Once they go Full-Retard they become Full Anarchists and belong in prison. Until then, Libertarians can just continue to be Hipsters camping out in parks and getting sprayed in the face with OC Spray by heroes like Lt. John Pike.

They have a a choice to grow up, get a job, a career make something of their lives rather than cry about it like children...but they often don't they just get stupider...they are fighting the man you know. Serious Business!

Haha, guess I'm a autistic who's gone full retard then.

Do you honestly believe that or are you trolling/using sarcasm? It always amuses me how government loyalists come along here in troll mode while conveniently forgetting the fact we're on a cryptocurrency forum and everybody here is pretty much in a separate economy to the rest of the world now Smiley

Also, I vote Switzerland since it's the most democratic, their direct democracy voting system is fantastic ( If everybody adopted Direct Democracy I'd be a lot more active in voting ) but that can also come with a lot of problems as we've seen with that minimum wage stuff and so on, speaking of which, I never did look up whether that passed or not.

He's trolling.

The United States of America. Land of the free, home of the brave.

Hell ya! Believe it!

Or go to jail.

http://www.youtube.com/watch?v=IhnUgAaea4M  Grin
17300  Alternate cryptocurrencies / Mining (Altcoins) / Re: Mother looking for advice... on: January 09, 2014, 10:45:13 AM
Tonight my underage son asked me if he could start lite mining and/or NMC mining, in order to make some extra money. I called our tech support and they had no clue what I was even talking about. I'm aware there is money to be made in this, but I am concerned whether mining will affect my internet bill (how much bandwidth are we talking about here?). Can ya all help a mother out?


Not sure if a troll thread, but do you have unlimited bandwidth? If you do, then you wont be paying any extra.

Well if the electric bill is the major cost, that isn't a problem because he only has two laptops and charges them first. Thank-you for the heads up and advice.  Smiley

I'd advice against mining on Laptops. It's ok for some of the newer coins, but not with LTC or NMC and won't be profitable and you'll just end up burning the laptops out.
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