1541
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Bitcoin / Bitcoin Discussion / Re: Bitcoin is Worthless
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on: April 08, 2013, 11:47:28 AM
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That was true with gold but bitcoin isnt shiny so people want to hold it. People simply like its ease of use. Thats why it has potential to replace known currency.
However gold and other precious metals are not transparent. You'll never know if someone is producing gold in lab or what the limitation is - if someone is trying to make a double spend - it's possible for everyone to detect it. It's also more expensive to verify if a gold bar is real and pure.
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1542
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Bitcoin / Bitcoin Discussion / Re: Something that might severely limit Bitcoin's growth potential.
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on: April 08, 2013, 11:05:28 AM
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I'm unsure if Bitcoin is really the optimal p2p currency. Tor works without fees; why can't Bitcoin be designed differently to work the same way?
Tor works without fees, because many people are relaying for free, however the system is extremely slow compared to VPN services, because without fees it allows for abuse of the system.
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1543
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Economy / Micro Earnings / Re: Where do I get free Bitcoins?
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on: April 07, 2013, 08:58:06 PM
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Okay I see a payment has just shown up. I apologize for my hasty and harsh criticism. ( its no excuse but it has been a bad weekend for me in terms of family issues )
Apology accepted.
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1544
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Economy / Micro Earnings / Re: FREE BITCOIN Sites *and* Free Newbie Lotto
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on: April 07, 2013, 07:39:04 PM
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Oh really? You run a website that promises to pay something for the service of people viewing your ads, which you make money on, and you think you are not obligated to make good on those promises?
The 'promise' was limited to a balance of 0.01 BTC due to mass abuse and it costs more to keep it running so I'll close it.
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1545
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Economy / Micro Earnings / Re: FREE BITCOIN Sites *and* Free Newbie Lotto
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on: April 07, 2013, 06:10:11 PM
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They had a minimum payout and so one had to let their balance build up before they could withdraw. And now they shutdown without paying out that balance that they owed me, and many others I am sure.
Hello, I have the funds to pay everyone who has an outstanding payment - of course I won't pay people who came here more than once per 12 hours (via proxy, VPN, TOR) or people who are on blacklists. I have no obligations to pay anyone, but I'll be paying. It's just not worth to run it any longer, because it costs a lot more than it makes.
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1549
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Other / Beginners & Help / Re: Let`s file a lawsuit against Butterfly Labs
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on: April 05, 2013, 07:35:03 AM
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Crooks like BFL and paid fanboys like you are the reason why bitcoin is not widely accepted AS A CURRENCY.
I'm not getting paid for anything I post here - or anywhere else. Do they offer something like that? It's always your decision to buy something or invest in something - it always starts with a customer making a bad decision (e.g. investing in products of a brand new/unknown business). I also made some bad decision, but I tried to find consensus and got most of my BTC back. Hahaha... Oh boy... The oldest rule of marketing is "Customer is the king".
As long as he/she is paying. And it seems you're asking others to file a lawsuit against BFL and publicly complaining about them rather than trying to get your money back → costs for a company (reputation/legal costs) > income: you're definitely not a king. They think bitcoin is not a currency but just A METHOD OF PAYING $US! How do you know what they think? If more employees wanted to get paid in BTC and other companies they're working with did it, it would be possible, but right now most companies producing something need to have government money. If the future of bitcoin depends on such crooks like BFL, bitcoin will always be a lame currency that will always need a crutch ($US) to move around! Is that really what we all want? No, thanks!
The future of bitcoin doesn't depend on them. It is very simple indeed. If a company can not handle BTC/USD exchange risk they should not announce that they accept payments in BTC. Period!
You want to get the same amount of BTC back and you're asking for that after the exchange rate increased a lot. For government issued money it's possible to do that, because it's being printed all the time, but paying with bitcoin and asking for a refund of the same amount is like asking to get your gold/silver back after the exchange rate increases. Could you make a company and handle this after Bitcoin goes up by >%500 ? I highly doubt it.
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1553
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Local / Off-Topic (Deutsch) / Re: Plus500
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on: March 31, 2013, 07:12:20 PM
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Ich sehe zwei große Vorteile: - automatisch wird Bitcoin damit für alle Plus500-Trader "präsent" - "normale" Menschen finden Bitcoins damit vertrauenswürdiger wenn Sie erfahren das auch bestehende Broker auf den Zug aufspringen.
Nachteile:- automatisch wird Bitcoin damit stärker an instabile Währungs- und Handelssysteme gebunden. - Die Website hat einen miserablen Ruf unter "normalen" Menschen.
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1554
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Local / Off-Topic (Deutsch) / Re: Darf man Silkroad nur ueber Mundpropaganda verbreiten?
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on: March 31, 2013, 06:59:19 PM
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Ich frage mich ob es legal wäre flyer zu drucken und zu verteilen ( umsonst!) mit infos zu Tor, Orbot und den .onion adressen um auf SR zu kommen.
Frag dazu lieber einen Anwalt. Ich denke mal, dass du vor allem in Schwierigkeiten geraten könntest, wenn du dabei auch noch Bezug auf illegale Aktivitäten nimmst, was einen Großteil der Geschäfte auf SR ausmacht. Über Tor wissen gar nicht wenige Bescheid, allerdings wird es oftmals achtlos verwendet (selber Benutzername, selbe Bitcoin Adresse oder andere Dinge die Rückschlüsse auf die Identität zulassen) da viele Leute der Ansicht sind sie können ihr Gehirn abschalten wenn Tor läuft.
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1555
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Local / Trading und Spekulation / Re: BTC/LTC/NMC/USD/EUR Trading Rechtslage
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on: March 30, 2013, 03:09:10 PM
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Ach ja, noch eine Information aus persönlichem aktuellem Anlass: Wer beim FA einmal Spekulationsgwewinne angegeben hat, steht in den folgenden Jahren unter verstärkter Beobachtung, da dies ein Bereich ist, wo die Behörden nicht dauerhaft den Finger drauf haben. Damit kann man sich in den Folgejahren der besonderen Aufmerksamkeit der Beamten und vor allem der computergestützten Auswertung sicher sein.
Ist bei mir nicht möglich, da ich keine Gewinne in Form von Euro mache, welche ich da angeben könnte. Finde auch keine Bitcoin Adresse an welche ich Steuern bezahlen könnte.
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1557
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Other / Beginners & Help / Re: Bitcoin: The Digital Kill Switch
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on: March 29, 2013, 09:45:27 PM
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I am alleging the cartel will come, because monopolies make profits by extracting rents, e.g. they can increase the prices of products the customers are buying everywhere, just like how credit card fees are opaquely passed on to the customer and the customer does not care (because they don't know and they get to buy their junk).
Even if you argue the monopoly won't come (which I strongly doubt, since they always do), it is better to make a P2P currency that does not have this design flaw that exists in Bitcoin, so then we can be SURE it won't come.
In my design for a P2P currency, you will forever make money on mining. In my design, it would be impossible for the cartel to make mining free.
You can never be sure that there's no flaw in a system - if you are: it's already flawed. And there's no such thing as a "perfect monetary" system. If you don't want wealthy people to buy your currency you basically need to find them and kill them, but that costs too much…
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1558
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Other / Beginners & Help / Re: Bitcoin: The Digital Kill Switch
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on: March 29, 2013, 09:04:31 PM
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Even if that were true that it is cheaper in some parts of world, it doesn't make it free, which is what you will need to compete with a cartel giving away mining for free. You will earn 0 from mining. Plus you have your hardware costs.
It doesn't make it completely free, but much cheaper and most importantly independent from price changes on electricity. Where's your cartel that is "giving away mining for free"? It doesn't exist. There's not a single bank that doesn't charge any fees. Make your cartel and see how "profitable" it is
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1559
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Other / Beginners & Help / Re: Bitcoin: The Digital Kill Switch
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on: March 29, 2013, 08:58:43 PM
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You don't realize that investing in PV is economically worse than renting electricity from the utility.
You don't realize that nobody can manipulate electricity prices if you produce it and in the long term it's cheaper in some parts of the world.
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1560
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Other / Beginners & Help / Re: Bitcoin: The Digital Kill Switch
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on: March 29, 2013, 08:52:30 PM
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@chmod755: AFAICS apparently you entirely missed the point of the OP as to the technical threat. Please try re-reading it.
Why did you even mention other things if you didn't want to hear comments about them? Of course the risk of a 51% attack exists and building it up slowly is possible. I'd advise every miner who paid off the rig and is making some BTC now to invest them in something like photovoltaics (or anything else that produces electricity) to keep the risk of "going bankrupt" in mining at almost 0%.
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