Bitcoin Forum
May 14, 2024, 09:54:18 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 [69] 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 ... 230 »
1361  Other / Off-topic / Re: I have something to spare, who do I send it to (2150 BTC)? on: May 27, 2014, 09:36:22 PM
what part of $10,000,000 Obama bill don't u understand

I don't understand 100% of this question.

Edit: @bluefirecorp  No worries Smiley It happens.
1362  Other / Off-topic / Re: I have something to spare, who do I send it to (2800 BTC)? on: May 27, 2014, 08:26:50 PM
If you're looking for donation ideas, I know a retired, older gentleman in dire need of financial assistance to a recent series of strokes.

You could also make my friggin' year by sending 22 BTC that I lost on a defaulted loan :\

Or...

1)  Invest a few hundred BTC's and start a Groupon-like business for Bitcoin.
2)  Cashout 5-10% and invest in high-yield dividend stocks and retirement funds.
3)  Invest another 100-200 BTCs and buy a rental property or two.  Fix 'em up and lease them out for a nice stream of subsidiary income.
4)  Buy a few intrinsically-valuable pleasure items.  For myself, I would buy either a new car since I spend 3-5 hours per day in one, or maybe a room full of new music equipment.  Identify some ways to spend a little money to significantly improve your quality of life.
5)  Donate to a person/group in need; there are tons to choose from.
6)  Cash out 10-20% to diversify and stay liquid.
7)  Create a nice cold-storage nest egg for yourself.


Option 4 gives you a 10% ROI assuming almost nothing goes wrong and you don't have to fix anything in the building ever.

Option 7 is just straight up retarded. It cost $5 for a VPS. 2x VPSes with rsync running as a cron job. Done. Maybe amazon glacier if he wants to backup his data long term.

Saying option 7 is retarded is a bit like the pot calling the kettle black.  Paper wallets and physical coins exist for a reason, and it isn't a retarded one.

And I think you meant option 3 not option 4 when referring to 10% ROI.

Yes, I did mean option 3. And option 7 is really stupid. You're trusting a cloud provider with a private address that contains over a million dollars. All it takes is one security breach, and bye bye cash.

Sure, you can encrypt it, but if you can memorize a long passkey, you can just create a mind-wallet and store that information in your head. Honestly, you're better off creating a copy of the public / private key and sticking it in a bank vault (paper key), rather than storing stuff online.

Uh, what part of "cold-storage" do you think involves storing BTCs online or trusting a 3rd-party service provider?

Do you have any idea what you responded to?
1363  Other / Off-topic / Re: I have something to spare, who do I send it to (2800 BTC)? on: May 27, 2014, 07:20:40 PM
If you're looking for donation ideas, I know a retired, older gentleman in dire need of financial assistance to a recent series of strokes.

You could also make my friggin' year by sending 22 BTC that I lost on a defaulted loan :\

Or...

1)  Invest a few hundred BTC's and start a Groupon-like business for Bitcoin.
2)  Cashout 5-10% and invest in high-yield dividend stocks and retirement funds.
3)  Invest another 100-200 BTCs and buy a rental property or two.  Fix 'em up and lease them out for a nice stream of subsidiary income.
4)  Buy a few intrinsically-valuable pleasure items.  For myself, I would buy either a new car since I spend 3-5 hours per day in one, or maybe a room full of new music equipment.  Identify some ways to spend a little money to significantly improve your quality of life.
5)  Donate to a person/group in need; there are tons to choose from.
6)  Cash out 10-20% to diversify and stay liquid.
7)  Create a nice cold-storage nest egg for yourself.


Option 4 gives you a 10% ROI assuming almost nothing goes wrong and you don't have to fix anything in the building ever.

Option 7 is just straight up retarded. It cost $5 for a VPS. 2x VPSes with rsync running as a cron job. Done. Maybe amazon glacier if he wants to backup his data long term.

Saying option 7 is retarded is a bit like the pot calling the kettle black.  Paper wallets and physical coins exist for a reason, and it isn't a retarded one.

And I think you meant option 3 not option 4 when referring to 10% ROI.
1364  Other / Off-topic / Re: I have something to spare, who do I send it to (2800 BTC)? on: May 27, 2014, 06:44:48 PM
If you're looking for donation ideas, I know a retired, older gentleman in dire need of financial assistance to a recent series of strokes.

You could also make my friggin' year by sending 22 BTC that I lost on a defaulted loan :\

Or...

1)  Invest a few hundred BTC's and start a Groupon-like business for Bitcoin.
2)  Cashout 5-10% and invest in high-yield dividend stocks and retirement funds.
3)  Invest another 100-200 BTCs and buy a rental property or two.  Fix 'em up and lease them out for a nice stream of subsidiary income.
4)  Buy a few intrinsically-valuable pleasure items.  For myself, I would buy either a new car since I spend 3-5 hours per day in one, or maybe a room full of new music equipment.  Identify some ways to spend a little money to significantly improve your quality of life.
5)  Donate to a person/group in need; there are tons to choose from.
6)  Cash out 10-20% to diversify and stay liquid.
7)  Create a nice cold-storage nest egg for yourself.
1365  Other / Off-topic / Re: My girlfriend still mises her ex, what do i do? on: May 27, 2014, 02:04:47 PM
Tell her that you understand, but that if she persists upon him then she has to forget about you forever.  Is it possible that the reason she keeps persisting upon him even though she's with you is because she feels she has no chance of ever losing you?  Women want what they can't have, and they also are more drawn to selective males because selectiveness is an indicator of both confidence and dominance.  If she knows she can easily lose you, she may refocus her efforts on you.
1366  Economy / Economics / Re: You work your butt off, and a rich dude does nothing and gets rich - how? on: May 23, 2014, 02:32:54 PM
Taking a devil's advocate position, if we consider your argument to be true then it's implied that one solution for poor people is take out loans.  The incentive for doing so would be to obtain money to purchase property and/or assets that will appreciate in value.  When it comes time to repay the loan, the amount owed will be less valuable than the property/assets you bought. 

This happens all the time.  This is how businesses are created, how college degrees are obtained, etc.

I think you're mistakenly identifying the fractional reserve system as the most significant cause behind the (very general) problem of increasing gross wealth disparity.  Sure, fractional reserve banking inflates the money supply, but competition (whether it's fair or unfair/illegal) and greed are more direct causes of gross wealth disparity than the appreciation in value of 'idle' property/assets (i.e. not a business; perhaps a home or a gold bar).  In the unlikely event that I go to sleep tonight and wake up tomorrow morning to a totally altruistic world, I have a feeling that much of that wealth disparity would disappear rather quickly (e.g. rich people might donate to the poor or work for free, hospitals and medicines from pharmaceutical companies would be at low or no-cost, etc.). 

It is a combination of fractional reserve and crony capitalism. Competition is never a bad thing. Competition on a government induced tilted playing field is a disaster for 90% of us. 

Regardless of 'good' or 'bad', competition means there will be winners and losers.  So, competition catalyzes wealth disparity, but the degree to which that disparity exists is mediated in part by fractional reserve banking and crony capitalism.
1367  Economy / Economics / Re: You work your butt off, and a rich dude does nothing and gets rich - how? on: May 23, 2014, 03:36:40 AM
Taking a devil's advocate position, if we consider your argument to be true then it's implied that one solution for poor people is take out loans.  The incentive for doing so would be to obtain money to purchase property and/or assets that will appreciate in value.  When it comes time to repay the loan, the amount owed will be less valuable than the property/assets you bought. 

This happens all the time.  This is how businesses are created, how college degrees are obtained, etc.

I think you're mistakenly identifying the fractional reserve system as the most significant cause behind the (very general) problem of increasing gross wealth disparity.  Sure, fractional reserve banking inflates the money supply, but competition (whether it's fair or unfair/illegal) and greed are more direct causes of gross wealth disparity than the appreciation in value of 'idle' property/assets (i.e. not a business; perhaps a home or a gold bar).  In the unlikely event that I go to sleep tonight and wake up tomorrow morning to a totally altruistic world, I have a feeling that much of that wealth disparity would disappear rather quickly (e.g. rich people might donate to the poor or work for free, hospitals and medicines from pharmaceutical companies would be at low or no-cost, etc.). 
1368  Bitcoin / Hardware / Re: {BFL} WHAT THE:!( Butterfly Lads won't deliver the Monarch Till JUNE or JULY:( on: May 23, 2014, 01:03:08 AM
While you're making comparisons, how about adding this to the mix: the chips themselves.  Who is producing (or trying to produce) chips with the highest GH per chip?  I'd bet it's a lot easier to use hundreds of small GH chips than to use 2 large GH chips...


This type of e-peen contest of "who has it bigger" is simply retarded. HashFail used this in their marketing campaign too. We have the fastest chip, but we are not shipping anything! We are the best. If you had to resort to this then it's obvious that you are already losing.
You seem to be the retarded one if that's all you got out of my post.  But hey, you have to add your stupidity to the mix, so why not here.  Just because YOU would have to show yours is bigger doesn't mean the rest of us do.  The point had nothing to do with size or speed, but complexity.  It's easy to slap together a Yugo and shove it out the door, but you need something more to build a ferrari.  Maybe Bick is happy with his Yugos, maybe he'll even be happy with them in 3 months (if they show up in 3 months...).  I'm always amazed how people will point to a single success and think that means there'll never be any problems... IIRC, Bick used to parade KnC out during his rants, yet he doesn't mention them anymore... wonder why...

Yes, the mess BFL has created for both themselves and their consumers is very complex.  Simple would be implementing a business model that attempts to please its consumer base.

I guess the geniuses at BFL needed a challenge, eh?
1369  Economy / Long-term offers / Re: need 4k or 8 bitcoins for dental implants on: May 23, 2014, 12:48:22 AM
nothing in obamacare will cover dental implants this is fact ive looked i tup all up and down applied


nothing.


And with obama care obama really fucked us because we have to pay more coverage and co pays before obamacare

I extremely wish I could get them for free so I don't have to put up with asking for a loan and pieces of shit telling me how they think it is when ive exhausted every free source or option



To the guy talking about my dissability, I'm not allowed to save money and purchase things with the money I recieve and that is mine. And nobody else fucking worked for ? Theres your answer

Hey, how about this? Stop being lazy and trying to get things for free. If you haven't heard of it, you don't have to work for a disability check. Go out there and get a fucking job. My uncle has a disability check, but not a living soul could stop him from working.

Get a job. Many companies hire people with disability. Or go and ask for donations.
Or this just in: Use your disability check how it's supposed to be used.

There's nothing here to indicate that he's lazy.  He's also asking for a loan, so he isn't asking for anything free.

I have no comment about the truthfulness of the OP's claims.  But, assuming they are true, I'm not sure you understand what it means to receive a disability check, or even welfare for that matter.  In short, it usually means (though there are exceptions) that some aspects of your life suck, and suck really, really bad.  Hand-outs aren't always all that fun.  Statistically speaking, a homeless man pan-handling in a downtown metropolitan area (e.g. Chicago) for 8-12 hours per day can receive >$50,000 annually and it will never be taxed.  Sounds like quite a life right?  Well, if you can imagine how awful that type of lifestyle would be -- sure, it's $50k, but your self-worth shrinks with every penny you earn, and you smell terrible the whole time -- then you can also imagine how receiving maybe one-fifth of that amount annually for sitting on your ass in a scummy apartment could also suck, especially with no teeth.

I was getting a bit tangential there, but seriously...how easy do you think it's going to be to get a great job in his position?  This is a rhetorical question, but if you were in a managerial position that requires you to hire new employees when necessary, what would be your impression of someone who sat down for an interview with you with no teeth, regardless of their merits?  And if you happen to be the virtuous type, how do you think most others would respond?  Or, to flip the perspective, how would you feel about being interviewed as a prospective candidate for a competitive job position with no teeth?
1370  Alternate cryptocurrencies / Altcoin Discussion / Re: 200k USD to invest? on: May 22, 2014, 02:58:03 PM
Totally legal, completely legit, and it's worked for me every time.

Many asshole activities are totally legal and completely legit, that doesn't mean you are not being an asshole when you exploit a loophole.

Explain to me how I'm exploiting anything when I clearly mentioned that they know I'm a miner.  It's nothing I have to hide because I'm abiding by policy.  Hell, I even downclock my cards.
1371  Economy / Computer hardware / Re: WTS: 20x Gridseeds: $1140 ($57 a piece), 3x antminer s1:0.37btc a piece-LOWERED on: May 21, 2014, 06:31:29 PM
PMed.
1372  Bitcoin / Hardware / Re: PSU for ANT-Miner S1s on: May 20, 2014, 04:10:18 PM
Hello,

I have two ANT-Miner S1 need setup with new PSU. This my first time to dealing with ANT-Miner before. I buy only the miner. It come with nothing else.

How I need this to setup? What PSU you recommends for 2x ANT-Miner S1s? Seller suggest 1000W PSU. I think they pulling 720W?

Also need I anything else for the miners setting up? I have already router with WIFI connection and also ethernet cable for direct the plugging in. But what else needed?

Danke!  Smiley

I'm using an 850W silver-rated Ultra brand PSU.

It runs two stock antminer just fine but only allows room for one Antminer to be significantly overclocked.  The PSU fails with both antminers overclocked; I'm running one at 393 MHz and the other at 350 MHz.

I'd recommend 900W silver-rated at minimum to run both overclocked.

As long as you have the PSU and LAN cables, a router, and a computer, you have all you need to mine.  There are a few antminer setup tutorials on this forum if you run into problems setting them up correctly.
1373  Economy / Speculation / Re: Bitcoin Price Lately on: May 19, 2014, 09:05:10 PM
There is no reason to believe that we are at a bottom now, except wishful thinking and denial.

LOL to the funny Bears:
It is child's play to prove we are much closer to the bottom than the recent top.

Bitcoin Price Lately
Depends on how you define "lately", since the last month has been brutally boring.
We will have excitement again, it's only a matter of time before the ton of good news pushes the market higher.

What ton of good news?

New businesses accepting, new investors investing, tens of millions of dollars funneled towards business and infrastructure development (e.g. $30 million to BitPay), greater legal clarity, it's steadily gaining credibility in an "Oh, this is real, isn't it?" kind of way, increased media coverage, MIT offering BTCs to its students (Coinbase has similar offers for new student registrants), verbal and financial endorsement from various sociopolitical leaders and billionaires, hundreds of ATMs being distributed globally, Winklevoss ETF is progressing, etc.
1374  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [DOJE] Dojecoin ***POW/POS***7 DAYS ONLY***80billion DOJE*** on: May 19, 2014, 08:45:24 PM
Please explain how "7 DAYS ONLY" works with the statement, "Target of maintaining approximately 80,000,000,000 DOJE in circulation after 10 days."
1375  Economy / Speculation / Re: No Volume WHY? (20 minutes without any trades at all?) on: May 13, 2014, 10:41:31 PM
Only means one thing:



Decreasing volume in a down-trend does not theoretically support your statement. 
1376  Other / Politics & Society / Re: What's wrong with eating meat? on: May 13, 2014, 08:11:10 PM
Fish is not considered meat, this is why:
Quote
As a generic culinary and butchery term of art, "meat" refers to the muscular flesh of a mammal. This is the definition most commonly applied by governments in meat product regulation and food labeling, and in religious rites and rituals.
Because of this I don't consider it meat, also eating fish is very healthy. Even in my culture in which I live, people don't consider fish as meat. I never said that I'm a vegetarian either.  

So is poultry meat?  Last time I checked, birds are not mammals?  You do realize that at the cellular level, a muscle cell from all animals are relatively indistinguishable.  They all use a homologous set of genes to achieve the same function.  Ultimately, for you to have your fish, an animal must give it's life.  
This is something that I've found online. It is not something that I stand by. Like I have said, where I live people don't consider eating meat eating fish. It might not be correct, but it is just how it is. Eating red meat is not healthy, eating fish is though.

Since when is eating red meat unhealthy?

Okay, maybe if you're slamming down several pounds of prime rib per day where half of that weight is fat, then sure.  But I DO routinely eat pounds of leaner red meat (e.g. Filet mignon, sirloin, skirt steak, etc.) on a consistent basis and I'm in excellent health.
1377  Economy / Computer hardware / Re: [WTS] Corsair PSU 800 Watts on: May 13, 2014, 05:20:08 PM
Possibly interested...

...will reply again after you find out about warranty info.

How long did you use it for?
1378  Other / Off-topic / Re: Quit smoking on: May 13, 2014, 03:08:35 PM
Don't quit, just stop.

If you stop, then you can start again and not feel like a failure.

If you quit...well, nobody likes to be a quitter, and if you start again, then you're a double quitter -- a quitter that quits quitting.  Besides, if you start smoking again, then technically you never quit -- you stopped.
1379  Other / Politics & Society / Re: What's wrong with eating meat? on: May 12, 2014, 10:30:48 PM
Have you read a single post in this thread? Humans can live without meat, and you can get the necessary proteins and such in other foods.
Note: Another day without eating meat at all, fish tastes quite good. I feel a bit better today.  Smiley

...

Fish meat is meat.  I never understood why people think eating fish means they're giving up meat.  If you eat fish, you're not a vegetarian.
Humans can live without vegetables, and you can get the necessary fiber, vitamins, and minerals from other sources.
Note:  Had three steaks last night, a glorious eggs benedict with canadian bacon for brunch, and out for more steak tonight.  I feel fantastic!
Fish is not considered meat, this is why:
Quote
As a generic culinary and butchery term of art, "meat" refers to the muscular flesh of a mammal. This is the definition most commonly applied by governments in meat product regulation and food labeling, and in religious rites and rituals.
Because of this I don't consider it meat, also eating fish is very healthy. Even in my culture in which I live, people don't consider fish as meat. I never said that I'm a vegetarian either.  

You can spin it however you want, but fallacy isn't made truth through multiplied propagation.

Let me ask you this -- if the muscular flesh of a fish isn't meat, what is it?

Edit:  Seems more like artful butchery of the term rather than a butchery term of art.
1380  Other / Off-topic / Re: What do you HATE most? on: May 12, 2014, 08:36:21 PM
Wall Street. That is the root to most evil in the world.

The root of all evil is dichotomy ethics; examples:

"Group A has the right to steal, but group B does not."
"Group A has the right to murder, but group B does not."
"Group A has the right to kidnap, but group B does not."

The effects of this relationship are outlined very well in the Stanford prison experiment, where people were explicitly divided into these two groups (group A being the prison guards, group B being the prisoners) for a period of time; the experiment had to be called off because the unethical acts of the members of group A became too much for group B to bear.  Essentially, group A views group B as less than human, because they no longer are subject to the same rules, just as a lion cannot empathize with a gazelle, just as a serial killer cannot empathize with his victims, just as the people of Nation A cannot empathize with the people of Nation B (because each believe they're a part of group A and believe the other is a part of group B), just as the Nazis could not empathize with the Jews, just as pedophiles cannot empathize with children, just as the men of Wall Street cannot empathize with the "little people", why gang members A cannot empathize with gang members B et al.  There is still some form of relationship, but the ethical standards for each group are uneven, leading to increasingly negative consequences depending on how powerful group A is over group B and how strongly each group A fights over dominance.

The perpetuation of this evil is in the act of doublethink, e.g., "Stealing/killing/kidnapping is evil and unacceptable, but tax/war/prison is a necessary evil and is acceptable," or the belief that dichotomy ethics is "human nature" and therefore just, whilst simultaneously wishing for a better, more civil society.  Taking the concepts of theft and taxation under a close eye, we can define each of these the same way: "a compulsory financial contribution."  Thus, comparing these two concepts with their meanings: "A compulsory financial contribution is right, but a compulsory financial contribution is wrong."  This is clearly contradictory, but such is the condition of doublethink to an unsuspecting individual.

Once again, killing and war can defined equally: "the taking of human lives."  Compared: "The taking of human lives is wrong, but the taking of human lives is right."  The key difference is, as with the example of theft and taxation, killing is only murder if group B does it without group A's permission, and taking is not theft if group A approves.  Behold, dichotomy ethics.

Therefore, if there was one thing about this world I would remove, I would remove a person's ability to believe in multiple contradictory ideas at once.  Without dichotomy ethics, we are left with this:

"People have no right to steal."
"People have no right to murder."
"People have no right to kidnap."

Consistency and sanity.  Doesn't mean people won't steal, murder or kidnap, but at least they'll be acknowledged as the evil they are and cannot worm their way out of punishment through an equally evil system, which fails to exist without the dichotomy.

I used to refer to a similar idea which I called "the self-vs.-other paradigm" and asserted that it was the root cause of all war and oppression on human history.

We are generally attracted to that which is familiar and what we identify with; things unfamiliar to us that we can't identify with is often approached with skepticism and pessimism.
Pages: « 1 ... 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 [69] 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 ... 230 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!