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581  Economy / Service Discussion / Re: I lost 206000 dollars in MTGOX on: February 27, 2014, 08:56:48 AM
Well I gues a lot of people lost a lot of money there. I'm more surprised someone is showing off how much money they drowned there. 206k$ is a lot of cash, you had a lot of trust in to them. I hope there aren't as many people as you out there.
582  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][CHAM]★ChampionCoin★ - How about Relaunch? on: February 27, 2014, 08:50:16 AM
So it was launched before, then no one cares and now relaunch ? Is there anything special about this coin except the idea of relaunching same coins over and over again.
583  Economy / Service Discussion / Re: Open Letter to Mark Karpeles: Voluntary Reorganization Best Option for Us All on: February 27, 2014, 08:03:53 AM
I like this letter.  A more rational approach after the emotionally charged week with all the death wishes.
Making fun of Karpeles is a reasonable result after what happened, but people talking about killing him are the worst kind we have in this community.  
anyway,
Respect to this initiative!
Pick up the bricks and start building again.  
You have nothing to loose (anymore)

Agree, the personal threats are over the top. Of course I'd like him to have a genuine accident, break a toe or something, but people need to be careful about specifically making threats, especially the British given the police there seem to like arresting and charging people for whatever they have tweeted on Twitter.

I wonder at what point people notice death threats are still a crime even on internet. There will be lawsuits any way.
584  Bitcoin / Bitcoin Discussion / Re: Can we buy cigarettes for Bitcoin??? on: February 27, 2014, 07:49:06 AM
Alcohol and tabacco law are usually more strict in different country. Of course it depends where do you leave and in what country are you buying. I personally haven't encounter possibility of such purchase.
585  Economy / Service Discussion / Re: I just got an mtgox payment! on: February 27, 2014, 07:31:35 AM
I wonder how many people get that lucky. But assuming it isn't some delayed old payment i guess it is good sign.
586  Other / Politics & Society / Re: Italy forces consumers to BitCoin: "20% Tax On All Inbound Money Transfers" on: February 25, 2014, 11:24:21 AM
Well it is nothing surprising, most of the countrys would regulate it too sooner or later. From one point of view it might make it easyer for some of country's that want to get into bitcoin related activities in Italy, on other hand we should expect more regulations, that would take away some of biggest bitcoin advantages.
587  Economy / Gambling / Re: First 150% non profit ponzi on: February 25, 2014, 10:17:32 AM
No one invested in your lest ponzi so all of this sociology studies might go to fact that you can't analyse it in any way since people wont just buy it. Ponzi that people know of is just gambling. I guess there are a lot of research about gambling out there Wink
588  Economy / Speculation / Re: people hold on to your coins on: February 25, 2014, 09:42:43 AM
Well gox went offline so people get a bit afraid what would happen next.

But media shall again talk more about bitcoins and meta currency, people would hear about it again or it might reach people who have't even heard about it before. New people will try to invest into it and more new people - prices shall go up. Probably most impotent part media is mentioning while talking about gox is high value of money they make, they might make or fine they had to pay. Everyone would think "Hey, that's a lot of money, I want part of it" and since everyone is greedy they will try to invest.

I will hold to my coins as long as new people are coming and media will be talking about it.
589  Economy / Service Discussion / Re: Mt. Gox just verified me! on: February 25, 2014, 09:15:59 AM
Oh so they went online but they email account is still working xD.

Damn i hope no one would react on those emails since I am expecting a lot of people might get them in near future. It is just sad such bad company can't go down in more silent way.
590  Bitcoin / Project Development / Re: Distributed identity and reputation database on: February 25, 2014, 09:07:38 AM
Owning facebook profile won't prevent any one from making a lot of them. Not to mention not everyone might like the idea of publication of they personality under certain vote. Besides for many if people they facebook profile is more of private thing, reserved for they family and friends ( well family mostly recently hehe, twitter is for friends). But lunching such service shouldn't be a problem and I'm always happy to see new initiatives. Another problem might be traffic on such site, what you probably would enjoy, and possible attacks from unhappy sites.
591  Economy / Investor-based games / Re: ★ PonziCoin ★ Fully automated | 130% Profit | Instant Payout | +110฿ Paid Out! on: February 24, 2014, 09:44:07 PM
Oh so this Ponzi-gambling is actually popular. I wonder at what post page there will be tears and sad faces Wink
592  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NXT :: descendant of Bitcoin - Updated Information on: February 24, 2014, 09:37:24 PM
I like this "movement" part of this coin. I guess creating alternative for something is kind of movement. Although I'm not sure at what part is it actually new economy. It might be more enhanced economy, more liberal, more free of government monetary policies and inflation it creates. Moment when people notice paper money we carry around has the value only created by state. With no gold, no real value behind. So why only state shall have such power.

But is it really a movement or maybe just nice slogan that would make me notice this coin among others.
593  Bitcoin / Press / Re: 2014-02-23 Mt. Gox CEO Resigns From Bitcoin Foundation on: February 24, 2014, 10:02:29 AM
Glad I'm not the one who thinks these guys are trying to become a wannabe central bank, I don't trust them in the slightest, especially considering they let people like the MTGOX CEO join in as well.

They could even proclaim themselves the central bank. People would just ignore them any way. To create central bank you need some kind of power to force people bend to they will. They have non. At point when they would even get any( even though I think it is just impossible), people would just move on to different alternative there is out there.

Progress moved too fast and people can't stop thinking in old ways about this kind of economy. It is like explaining to feudal peasants how voting booth works.





Actually its about time the Bitcoin foundation should be dissolved completely.
Nothing stopping you from starting your own play money club.

That would be more foundations, not fewer.

I think you've misunderstood OP.

I am thinking you are right. It is about choice and freedom, not about enforcing the "right way" of how people should act.
594  Bitcoin / Bitcoin Discussion / Re: A fraud-proof voting system based on Bitcoin and Zerocoin on: February 24, 2014, 09:56:27 AM
Is it just me or does buying election votes would be much easier with this system then with current ways ? Also I am afraid it might require a bit too much from voters. Right now they are too lazy to go voting on election day. This system also would be a bit too difficult to explain to majority of population. And word coin probably would need to be removed since it would be even more confusing for a lot of people.

Anyway I love the initiation of alternate usage of bitcoin technologies. It shows large potential of usage not only in alternative monetary systems. Great idea in general Smiley
595  Economy / Service Discussion / Re: Question regarding Mark Karpeles on: February 24, 2014, 09:46:14 AM
Soooo... whole blame goes on Mark Karpeles and non on MTGOX ? That was easy.
596  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread on: February 24, 2014, 09:22:12 AM


+ Unlike Bitcoin and other mining coins, all NEM would be distributed at the genesis block. NEM stakeholders are its own network nodes which verify the transactions and protect the network following a hybrid of Proof of Stake/ Proof of Importance forging mechanism. This type of distribution eliminates the need to have a mining industry which is an external force that imposes a huge cost to Bitcoin and other POW networks. The computational arm-race is avoided by using the hybrid of Proof of Stake/ Proof of Importance forging mechanism.

+ A novel method Proof of Importance forging that rewards the nodes that re most important to the network, not the nodes with the biggest number of NEM.

+ Support for colored coin implementation and the asset exchange is designed in the beginning with advanced features such as automatic settlement, assets listed with an expiration date. NEM focuses on the usability of the asset exchange to make them the premier platform for fundraising, asset listing, token issuing etc.

+ Secure messages for contract storage.



I am big fan of decentralization, and I am not sure if this kind of coin would represent level of decentralization other meta-currency's represent. Actually this "arm-race" as you describe it kinda make sure we wont have any dominant power that could put any kind of influence on people money. Here old user would have large advantage over new users. Of course additional cost created while mining is a problem but shouldn't we upgrade it, make compute power more useful insted of removing it...  
597  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Ducats - Money without banks on: February 24, 2014, 09:04:44 AM
Is there any actual difference between this coin and others alt-coins ? This currency without need of banks (I'm guessing you meant something like National Bank who's printing money, depending on a country we are talking about, or maybe banks as middle man at different operations) kinda probably most of meta-concurrency. Rate of coin is also surprising, maybe simplicity is the key for success.
598  Economy / Economics / Re: How to buy gold and silver. on: February 21, 2014, 09:50:15 PM
Biggest problem of investing into silver or gold or most of this kind of material things is fact that you need to keep it somewhere and it creates costs and when you buy/sell it you need middle man, and that's another cost. In US, mostly on channels like foxnews investment in gold is heavily advertised. The actual benefit of this kind of investment is rather hard to be determined. It should be safe, so does a lot of other kind of options, including super safe treasure bills, that creates bigger profit to rather stable gold price (well ok recently were weird times). Some people are afraid country they bought treasure bills from would collapse, but it could only happen at some kind of world war (I'm talking about big normal country, not South Sudan or Western Sahara) and if that would happen your gold would be useless assuming you would survive nuclear holocaust. Price of gold and silver is kind of agreement between people that this metal is actually worth something. It is shiny, you can make jewelry out of it, it works nice with electricity but that's about it. Diamonds have same problem (actually diamonds price is PR-stunt created by monopoly's but shh....). Since you find this forum you know there are certain ways of buy virtual currency that might be more useful in future. Also you can always buy Microsoft stocks.
599  Economy / Economics / Re: Technological unemployment is (almost) here on: February 21, 2014, 08:32:12 PM
I just love the way there are totally not a single data based on actual statistics in first post. Such theories are close to some fantasy dystopia than actual economical expectations. There is rather big difference between machine that speed up producing certain product but still need human to control/maintain/upgrade/program/clean/fix and machine that would do everything for us. I've read some Dick books recently and at some point he points out what would happen when main computer would crush and there would be no living human able to reboot it or something. I don't think Dick were thinking about himself as economist, but i guess he just loved to point out some paradoxes. Well... not to mention it is rather distant future. If you would show ipod to someone who lived 200 years ago, that person would freakout, same as we would in his position but another 200 in the future. 

I also love when someone is using graph to show something without any numbers inside. It is great way to show something is scientific, even when it isn't.
600  Economy / Speculation / Re: Bitcoin will plummet to $10 by first half of 2014 on: February 21, 2014, 05:23:45 PM
Biggest problem of creating any kind of prognoses of future is that other people are also expecting certain changes of events and they are getting ready for it. So, even though in current situation, based on facts that we have right now ( even though facts might a big too big word, more like interesting coincidence and intuition mixed with, I guess, something like medieval magic) we make expect something to happen, it actually might never do, even though it would make perfect sense. I wonder if people who make such expectations will try to make some money out of it, since we all know that you can make money out of fall. I personally don't expect "plummet". With new players on market, we get more movement. It is not first prognoses of "plummet" of bitcoin and we all know what happened.
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