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Agere Athens Modem AM2
It's a laptop modem. Probably worth about $5-10.
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oldest price I could find on bitcoincharts [3] is from 2011-09-13 ~5 USD per BTC. The donations come from a time when BTC wasnt worth as much. It was discussed often if the amount to donate for VIP should be lowered, but theymos and others in charge think it would not be fair to those that donated 50 BTC in the past. I also think its a good idea that VIP essentials says: I have been here a long time and I believed in it. If the amount to donated would be lowered to e.g. 0.4 BTC (~ equivalent in USD to 50 BTC 2011) we'd see way to many VIPs.
With the price of a single bitcoin increasing every year, I think there should be a third category for people who donate a lesser amount, e.g. 1 BTC. Or perhaps different tiers such as bronze donator: 0.01 BTC, silver: 0.1 BTC, gold: 1 BTC, and platinum: 10 BTC. Existing donators would be given platinum status and VIPs would remain as VIPs. |
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Some coins have two threads, a [PRE-ANN] for the pre-launch announcement and an [ANN] thread for when the coin is actually released.
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What about having one strong password for some kind of keychain (with proper backups) that would remember all of the very strong passwords for each site?
Or a deterministic password? |
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Will the slow confirmation times constitute a problem in the future?
Not really, things like 3rd party services and sub-chains solve it. Ex. Visa, paypal etc. could perform all their settlements simultaneously every block and only have to trust the security of their own networks for 10 minutes. Its also solves scaling issues and applies to all sorts of stuff, the nasdac and dow could include contracts for every trade made between blocks with a single transaction if they wanted. Bitcoin is primarily a protocol with rock solid security for applications to be built on, nothing stopping anyone performing direct transactions but convenience is being built on top of it. Hopefully it won't be like Inputs.io. That worked very well, until it didn't. |
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Monero and Fantomcoin, the rest of cryptonote coins are legit jokes.
Oh, you gotta be joking then. Thats an interesting logic there. We all know that Fantomcoin and Monero are Bytecoin's forks. So if we call Bytecoin a joke, Monero and Fantomcoin become forks of a joke which sounds absolutely unpresentable.  There is this popular myth in the altcoin space that "forks" are inherently bad, which follows from the (correct) observation that most if not all bitcoin "forks" have been done as pump-and-dump scams. But the underlying premise is false. If you understand the history of open source software, forks are both intended and desirable, and even necessary to maintain a balance of power between developers and the wider community. Specifically when the original developer goes in a direction the wider community does not support, then other developers are able to fork, and the community is able to move its support from the original to the fork. This is exactly what happened with Bytecoin and the premine/ninjamine/whatever, trolling, sock puppet accounts, non-transparent history and developers, etc. This kind of shady behavior was not supported or accepted by the community which is why nearly all support (as measured by hash rate, trading volume, thread views, or any other sensible metric) has shifted to Monero. Bytecoin could have capitalized on its position as the first cryptonote coin and maintained a leadership position, but they blew it. They have no one to blame but themselves. The difference between most open source software and altcoins is that when open source software is forked, the fork retains everything that the original had. Take OpenOffice and LibreOffice for example. An OpenOffice user had nothing to lose by switching to LibreOffice. Therefore the community benefits and everyone wins. When a coin is forked, everything is retained EXCEPT the original blockchain. When this blockchain dies, so do the investments of an entire community who believed in the old coin's success. If I were a Bytecoin investor, it would be in my best interests to see Monero die. If I were a Monero investor, the opposite would be true. If either coin becomes dominant over the other, the community wouldn't win. Rather, one community would win at the expense of the other. |
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This is nothing more then a faucet.
It is very unlikely that anyone would win any meaningful amount of coins.
It might be fun to play around on this site, but I wouldn't expect to win more then a few satoshi
I think you can get referrals too which should earn you more satoshis than playing alone. |
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What the heck? So some of the soldiers aren't actually soldiers but kidnapped civilians? I thought that was illegal under international law. Or were they already soldiers but they don't want to fight?
Also some of the comments under that video between Larson Pilzar and britvroman are pretty comical.
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Could you make "auto withdraw" for dogecoin?
So it would automatically withdraw all my coins every time you make payment?
I think wetsuit added that feature a couple of days ago. |
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I have heard of companies that want to "insure" bitcoins, whether it be for businesses, exchanges, or end users. However, it seems impossible for Bitcoin to be insured. Think about it, when Mt. Gox lost 700,000 bitcoins, how would a Bitcoin insurance company have helped in this situation? The insurance company would need to have reserves equal to 700,000 BTC in order to guarantee that it can replace all affected users' funds. But it would be infeasible for any business today to buy that much BTC.
And if insurance for the lost BTC was paid out using fiat money rather than BTC, that wouldn't help because then everyone who lost money would use their fiat money to repurchase their lost bitcoins. And this would drive the price up to extremely high levels. So either way, users would end up with far less BTC than they started off with.
What am I missing here? How can bitcoins be insured?
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I'm interested in building a lab to house biochemistry experiments. I'm not sure exactly what experiments I'll be doing but I have a good understanding of biochemistry and genetics since I have a degree in the subject so knowledge-wise, I should be OK. I'll need a PCR machine, centrifuge, spectrophotometer, etc. Raw materials will also be needed and replenished at regular intervals.
What price range am I looking at here? Anyone else do research as a hobby here?
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11 days, 11 hours, and 11 minutes. |
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I'm not sure if a 1,000 satoshi transaction is possible. The minimum transaction size is about 5,500 satoshis. Perhaps OP should change the reward to 10,000 satoshis.
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I am just floored that Google let Microsoft's Bing beat them to this one. I'm glad that Google has rolled out with something; and, in the end, it's better than Bing's version. It strikes me that Google's minimalistic search result display could have done this without the chart. I did learn that Google is using Coinbase's API to display the data as well, which is a big win for the Coinbase folks.
Ah, so it uses Coinbase then. I wonder why they chose to use Coinbase rather than a weighted average of multiple exchanges? |
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After the first big crash in 2011 (after reaching the ridiculous peak of $32), the death of bitcoin was declared and many people sold their bitcoins in the following months at a loss somewhere around $2-5. Since I saw the whole thing as a donation, I never bothered to sell mine.  I was never really involved in the Bitcoin community back then but I knew about it from a forum I used to frequent and would read articles about it from time to time. I remember watching the price spike to $32 and then crash to $3 and I felt relieved because I had considered buying a couple coins (even going so far as to making an account at Mt. Gox) but I was too lazy to actually go through with it. I remember reading threads here where people were crying over their lost wealth. The atmosphere of the forums just after the 2011 crash was really bleak and hopeless and many people thought the project had failed. Once Wired published an article called "The Rise and Fall of Bitcoin", I thought the whole thing was dead so I lost interest. Never would I have imagined that I'd be back here in three years, buying up fractions of a bitcoin at $500 per coin. |
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Just wondering, but how much would an account like mine be worth?
Date Registered: December 27, 2013, Posts: 208, Activity: 154, Position: Full Member
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1280x800.
It feels like the perfect resolution/aspect ratio. Wide but not too wide with enough vertical space for doing things like writing word documents and coding. Pretty much all web pages fit without the need for horizontal scrolling. Most games work well too. You can watch movies without the big black bars on the top and bottom getting too big.
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For example, I've been buying $20 to $50 worth of BTC every couple of weeks since early this year, and I'm still at 0.3 BTC (or about 0.25 BTC excluding altcoins). I also got about 0.02 BTC from the PD faucet, and a tiny percentage from other faucets like Freebitco.in.
In 2009, it would have taken seconds to minutes to reach 1 BTC. In 2010, maybe a couple of hours. And in 2011, perhaps a day to a week depending on the month. Generally, how long do you think it would take for a person living today to reach 1 BTC? 10 BTC? 100 BTC? (heck, is that even possible now?)
About 1-2 years at your current rate. |
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Nxt, probably. It's already at #3.
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This is what Stunna had to say about an investment option: Stunna, why not allow people to invest?
While I have no doubt that an investment option would be wildly popular, I simply don't feel comfortable allowing it. Right now we have enough more than enough coins to insure all balances but not enough that I could safely insure all potential investments. The amount of trust required for such an investment scheme to work is incredible, given that an operator could just play and win against his own site without anyone having the slightest clue. Bitcoin is already such an incredible investment just sitting in a wallet, I firmly believe that the majority of bitcoin company/site related investments are -EV and unsustainable. I have over 200 posts here on the forums and registered in 2013 so I'm pretty trusted. I might consider building a dice site that offers investing if nobody else steps up and there is enough demand. Stay tuned folks! |
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