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1421  Other / Off-topic / Re: Was bitcoin divided to satoshi from beginning? on: June 04, 2014, 07:01:08 PM
As quite new to scene, I'm curious how "older members", talked to each other about bitcoin in past. What number did you use?
I doubt it was satoshi or microBTC in yr 2010, because it was worthless, right?
so since when is satoshi used?

thanks for opinions

After 1 November 2008. They mostly talked about bitcoin in the early days, from what I've heard faucets used to give 1 btc. Before january 2013 btc used to be about $13, so it would be straightforward to talk about bitcoins as units. In october 2013 they used to be about 100$ so it would still be ok;   Then it went straight up to 1000, so people would talk about x btc. You can see the chart on https://blockchain.info/charts/market-price?timespan=2year&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=
1422  Economy / Speculation / Re: Bitcoin might create a prisoners dilema problem among the most powerful elites? on: June 04, 2014, 12:01:04 PM
Once bitcoin catches on enough, at least 1 of these extremely rich guys will definitly buy a shitload of them.

I heard bill gates is already bullish on bitcoin, Altough I don't know if he has some. I don't know if you qualify him as global elite either.

I found this on the web, on an interview of him:
What are your thoughts about cryptocurrencies like Bitcoin?    
The foundation is involved in digital money but unlike Bitcoin it would not be anonymous digital money. In Kenya M-pesa is being used for almost half of all transactions. Digital money has low transaction costs which is great for the poor because they need to do financial transactions with small amounts of money. Over the next 5 years I think digital money will catch on in India and parts of Africa and help the poorest a lot

"Bitcoin is a technological tour de force."
1423  Economy / Speculation / Re: New China Ban incoming on: June 04, 2014, 11:12:46 AM
At this moment, people can still deposit money to account at Chinese BTC Exchanges.

So there isnt even really a proper ban? Just restrictions on certain things?
You will quickly discover that china bans bitcoin about once a month  Wink

It is indeed very often in the news (from the forum):
China’s Central Bank Governor: PBOC Won’t Ban Bitcoin - april 2014
China bitcoin ban is FAKE DONT PANIC!! - march 2014
China's Central Bank warning Banks on Bitcoin - may 2014
China central bank warns banks against use of bitcoin - december 2013
BTC China Endgame?? - december 2013
etc

1424  Other / Off-topic / Re: Computer Chips in Your Brain on: June 03, 2014, 10:20:40 PM

That would be great for brainwashing, and likely would not only be used for positive things; In addition, people may be able to hack into your brain.. hacking has never been so much fun  Tongue
1425  Other / Off-topic / Re: How to get money? on: June 03, 2014, 10:16:04 PM
Well you already have a signature to get some extra bitcoins, that's a good first step I think.
And also a income wich you already spending on bitcoins, I dont know how much you earn but part time isnt alot probably.
Maybe you could start a homework business at your school, where you do people's homework and let them pay money or bitcoins to you.

Or maybe invest in some altcoin and do some daytrading with them, or sell them when there is a pump to get some extra bitcoins.


Thanks for the tips Smiley

I fear I'm not young enough to do homework business Tongue Maybe master thesis business, but I don't think anyone would join.


Perhaps this thread is useful https://bitcointalk.org/index.php?topic=525183.0
it has a lot of suggestions on how to make money
1426  Economy / Economics / Re: Worst bitcoin decision you've ever made? on: June 03, 2014, 08:13:04 PM
Sent 800BTC to a old Gox adress.  Sad

Oh no!!!! Gosh, this is the worst I've read so far...
Was it accidental?

Oh man, it hurts just to read it...

Thats a lot of money, do you think you will see it back? errr that would be 522.400 usd now  Shocked
1427  Bitcoin / Bitcoin Discussion / Re: Ideas on inexpensive, portable laptop to use as Bitcoin Cold Storage? on: June 03, 2014, 04:07:03 PM
Just like the title says I'm looking to pickup an inexpensive laptop for bitcoin cold storage. Any ideas?

Lightweight, highly portable, good battery life and cheap would be a great combination.

Cheapest laptops range from 200$ to 500$. They are very slow on running windows (and often come with unsupported XP), so you may want to use Linux if you go for a netbook. Sometimes these netbooks are not so cooperative with installing Linux, so it could cost you an evening or two. Alternatively you could go with the cheapest laptops that are not netbooks, around $400-$500;
1428  Bitcoin / Bitcoin Discussion / Re: Apple Approves Bitcoin Wallets on: June 03, 2014, 03:45:08 PM
Quote
Not if the closed propertarian version wins. One company controlling the most widely used crypto currency would be a nightmare of proportions for everyone who cares about freedom and equal rights and opportunities for everyone. Sadly, most people don't give a shit, so maybe we deserve just that.

It needs a lot of support from the people, bitcoin has that support for various reasons. A propriatary version may just be a pump and dump scheme in the end, as we see with many alt coins.

1429  Bitcoin / Project Development / Re: Collection of good Bitcoin faucets on: June 02, 2014, 03:13:38 PM
Quote
Insert Quote
Really godd site thats ranks good faucet sites!
You can vote and comment to!
A nice table of faucets. I recommend adding two more columns :  payment (hourly/daily) and payment amount.
1430  Other / Beginners & Help / Re: Why does it take so long to confirm? on: June 02, 2014, 03:09:17 PM
Confirmation time really depends. I had transactions which had 1-2 confirmations in 3 minutes, and transactions where I waited for around 10 minutes.  When this a big transaction it really does get on your nerves Smiley
1431  Bitcoin / Development & Technical Discussion / Re: New Paper: Deanonymisation of clients in Bitcoin P2P network on: June 02, 2014, 03:00:34 PM
Nice paper. However one point:

Quote
We show how to prohibit the Bitcoin servers to accept connections via Tor and other anonymity services. This results
in clients using their actual IP addresses when connecting to other peers and thus being exposed to the main phase of
our attack, which correlates pseudonyms with IP addresses

This is questionable, users could be behind multiple VPNs. At least, those who are very serious about privacy will not only rely on Tor. In addition, they could use a network which is not theirs;
1432  Bitcoin / Bitcoin Discussion / Re: Mt. Gox creator Jed McCaleb invites ‘alpha testers’ for secret Bitcoin project on: June 02, 2014, 01:48:13 PM
Quote
Incase anyone wants to sign up:

http://alphatesters.secretbitcoinproject.com/

Anyone have any idea what this is going to be?

Wild guesses?

I'm trying to think what it could be and I'm honestly coming up with nothing at all.
They are looking for C++, Crypto, JavaScript, designer. Something with data visualization. The application will be accessible in a web browser, some software product.  This is what I figured out..
1433  Economy / Services / Re: [PrimeDice] [Highest Paid Signature] Earn up to 2.4 BTC/Month by Posting on: June 02, 2014, 09:48:43 AM
I'd like to join

Starting posts: 632
Bitcoin address: 1CrvSP6a1PLysibhmXVvhX2UQZoQ7ubcmd
1434  Economy / Services / Re: ★★★ HIGHEST SIGNATURE PAYMENT ON THE BOARD - UPDATED - RitzGrandCasino.com ★★★ on: June 02, 2014, 09:18:40 AM
Payment received. Good luck with your casino  Smiley
1435  Economy / Speculation / Re: 7 digits before the end of the year. on: May 26, 2014, 08:45:25 AM
seven digits, but with a decimal somewhere around the middle.

7 digits? As in 10 million USD per coin? Now that would be something... I think it is more probable to have a digit somewhere in the middle, $1000 to $10.000
1436  Economy / Speculation / Re: When will uptrend start? on: May 26, 2014, 08:44:13 AM
Don't be sad, bulls, it wasn't the first time that reality disappointed someone. And, unfortunately, I have a slight suspicion that it won't be the last.

Well reality seems to change quickly its kind of fun how in only two weeks we have went from a pretty bear market
Towards one that is starting to turn into a bullish one
Shows how a little bit of time and a bit more longer attention span can sometimes reverse the tide Smiley

Yep, if we will continue like on the last days then in upcomming 48h we should be on 600$ Wink

The uptrend has started, things move fast in the cryptoworld. We are very near 600$ now
1437  Economy / Speculation / Re: $500 is the new $50 and $1000 is the new $100 on: May 26, 2014, 08:42:12 AM
US$ inflates currently at 2-3% a year. It will take 50 years before $500 will buy only $50 worth of goods.

Inflation is going to be picking up at much faster rates in the near future IMO

I saw a chart of the US dollar buying power earlier http://www.bannerjapan.com/en/wp-content/uploads/2010/06/decline-in-purchasing-power-of-dollar-since-1871.gif  I simply extended the line and find 2050 and 2060 the dollar would be worth nothing (~40 years). Your thoughts?
1438  Economy / Speculation / Re: Raystonn's BTC/USD Probability Forecast on: May 26, 2014, 08:38:43 AM
Current price: $587.00
Forecast until my next post:
    44.4% probability of going up.
    55.6% probability of going down.


how are these probabilities determined?
1439  Economy / Speculation / Re: Where Do We Go From Here - Technical Thoughts on BTC Price on: May 26, 2014, 08:37:48 AM
For a Rally Continuing:
Volume is up
Coming off a low volume basing period around $400
Trading above key averages

Against a Rally Continuing
Volume not up enough....yet
Price fell away from this level before in mid April (1 on chart)





So far its going up, I see that right in my wallet. May as well go to $1000 now
1440  Economy / Speculation / Re: When will the btc cross 600?? on: May 26, 2014, 08:35:58 AM
banks open monday, money should be flowing and i bet we will cross 600 soon

Banks don't open in the US Monday. National holiday (Memorial Day)

Yet another reason to use bitcoin.

Bank holidays.... Seriously, it's my money, let me spend if when I want it. Oh wait, you mean to tell me it's not my money? That's right, the money at your bank is your bank's money, not yours.

What do you mean banks dont open? People cannot access their money in this time?
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