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2501  Other / Off-topic / Re: The Cypherpunk Revolutionary on: March 06, 2011, 02:07:50 PM
Like I said, I didn't read the link, but simply from wikileaks alone I dont think thats cypherpunk, about his pre-wikileaks past I know nothing so cant comment on it.

But nmap, hmmm thats interesting.
2502  Economy / Economics / Re: WTH? why a sudden drop by 10 cents? on: March 06, 2011, 01:26:23 PM
Actually the reason we're on a downward trend with the USD bitcon price is the balance of trade. For all intents and purposes you can think of bitcoin as the currency of a very tiny country (the official currency of cypherspace?), and as such represents everyting that this cypherspace economy produces and exports.

A falling currency means that we are importing more than we are exporting. Many people including myself have been spending their bitcoins. The recipients have been exchanging these to pay for the products or services they provide.

We need to change this balance of trade, we need to export more than we import( at least for a time). Otherwise the trend will be continually downward.

Long story short we need more bitcoin based businesses. But for the time being we could see bitcoin drop back quite a bit from it's current low.
2503  Other / Off-topic / Re: The Cypherpunk Revolutionary on: March 06, 2011, 12:48:57 PM
I hardly think Assange is anything of a cypherpunk. He could easily have set up wikileaks as a .onion or .i2p rvice and done things that way. Hardly anything cryptography related. His big thing has mostly been about publicity, that is brining publicity to the leaks.

Nothing to do with cypherpunk here. By the way I havn't read the link.
2504  Economy / Economics / Re: WTH? why a sudden drop by 10 cents? on: March 06, 2011, 05:48:58 AM
And the price is back up, someone has spotted the bargain and bought, bringing up the price. still a little lower than it's been trading at but thats nothing to worry about. It should creep up over the next few trades.

So this is the result of a single person executing a fairly large( by our standards) trade. This causeda few automated ( or panic) sells.It's a small market and is easily moved. Sadly I wasn't in a position to take advantage of this drop. Im much too risk averse to take advantage of such a big price move.
2505  Economy / Economics / Re: WTH? why a sudden drop by 10 cents? on: March 06, 2011, 04:51:19 AM
The truth is we need more speculators. They would add cnsiderable liquidity, and make the price much more stable.

As soon as the price starts to rise to much too quickly they would sell, bringing it down. If the price falls too quickly by too much they buy, bringing it up.
2506  Other / Off-topic / Re: Micro startup/investment class project/experiment in China on: March 05, 2011, 05:12:37 AM
How come they must trade with each other? Why not make it so they have to earn 100 BTC per business using these forums or whatever?

They don't have to trade with each other, just that they can. To pass the company needs over 8btc by the end. They need to get most of this from users on this forum.
2507  Economy / Marketplace / Re: We need to find out where Stevenbucks lives. on: March 04, 2011, 02:30:38 PM
Well he did tell me he was in NewYork. So that narrows down your area of search to....
2508  Economy / Marketplace / Re: Investors for bitcoin stock market and credit rating agrency, dev started! on: March 04, 2011, 02:29:29 PM
Working title, I just thought that the name was cool. It IS cool, but doesn't mean it's the most appropriate.
2509  Economy / Trading Discussion / Re: Trading risks on: March 03, 2011, 01:56:02 PM
check out the anonymous money, anonymous exchane article on weekly.co.nr
2510  Economy / Marketplace / Re: Ruby developers, paid work with a bitcoin comany![REOPENED] on: March 03, 2011, 04:54:07 AM
If you're intersted but think you experience is worth more then pm me and we can work something out.
2511  Other / Off-topic / Re: Anonymous or distributed web technologies on: March 03, 2011, 02:42:21 AM
Tor is better for anonyminity. That is it's primary goal.

However by design Tor is slower as requests must travel through more nodes to provide this greater anonyminity. But it's meant to be low bandwidth.

i2p is also for anonyminity, but it's meant to run more regular services over. You can use i2p for torrents, email, whatever. And as long as your server has a decent connection (over 1mbps) others should be able to connect very quick.

It's less anonymous and a little more work to install, but has a better user experience.
2512  Economy / Economics / Re: Governments will want their TAX ??? The solution is obvious but scary. on: March 03, 2011, 02:38:23 AM
The best example of statism often brough out is Sweden, much of this is however a myth.

The Sweden Myth
Sweden: Poorer Than You Think
Stagnating socialist Sweden

OK, a lot of the people there like doing things that way, fine for them. Heroin addicts really REALLY like Heroin, doesn't mean it's good for everyone, and pointing to them and saying "Look how much they love that stuff, they're so happy" is not a good reason to start using it.
2513  Economy / Marketplace / Re: mtgox.com has blocked my account with 45 000 USD in it! on: March 02, 2011, 08:20:14 PM
I don't think he's his alter ego, his English is so much better than the barons, although that could be part of the ruse.

On a more serious note I just think he's someone with more....of a status quo mindset.
2514  Economy / Marketplace / Re: mtgox.com has blocked my account with 45 000 USD in it! on: March 02, 2011, 08:12:30 PM
The baron signed up to mtgox and used his service without mtgox providing any terms or conditions. And not just for a little but $45k.

mtgox has not "taken" the barons money, it's not like it's gone somewhere else. It's been frozen, and the account and account owner are being investigated by mtgox. mtgox has asked for something not just reasonable, but probably required by law in such situations, that is for copies of identification.

I don't think things are so bad in the U.S. that scammers are now able to sue the people who they failed to scam.
2515  Economy / Marketplace / Re: mtgox.com has blocked my account with 45 000 USD in it! on: March 02, 2011, 07:33:16 PM

He's only maintaining his status quo.

Status quo is wrong.
2516  Economy / Marketplace / Re: mtgox.com has blocked my account with 45 000 USD in it! on: March 02, 2011, 07:24:16 PM
So mtgox believes there was a "crime" has some untested proof and unilaterally freezes an account. mtgox as said earlier is not an unknown perona.

I don't know about others, but "businesses" that unilaterally conduct a trial, hold themselves as jury, and award themselves a verdict, does seem up and up.

But lets assume: MtGox is correct in everything, there was an exploit. Well, in that case, to bad the system should have been better. MtGox and others should eat the losses and fix it. Not try to provide self help. "Self Help" always leads to bad consequences.

Now, MtGox is trying to Identify people with passport scans, phone calls, etc...  Starting to sound like an IRL Bank.

I don't know about others, but if Mtgox was to be successful in this BitCoin business giving the whole anonymity of the system, he just lost alot of customers.

Try to protect other customers from losses by taking money from someone else is not fair, even with proof.

But that absolute last thing you would want to provide is "Proof".  Because if you can identify anonymous transactions to the person, this whole BitCoin experiment just "Failed".  



Wow you're wrong.

Firstly mtgox is a private business, not god or the president. He isn't taking your rights. He's got a platform, if you use it then he's in charge. You are free not to use it of course.

Secondly the point of bitcoin is not it being anonymous (that's just a great side-effect if you're careful) but to be a p2p currency that is limited in supply.
2517  Economy / Marketplace / Re: Ruby developers, paid work with a bitcoin comany![REOPENED] on: March 02, 2011, 07:17:30 PM
I forgot to mention that this will be for at least 2 months worth of work, and could possilby be for 4 months.
2518  Economy / Marketplace / Re: Ruby developers, paid work with a bitcoin comany![REOPENED] on: March 02, 2011, 07:08:20 PM
I am an experienced Ruby (and Rails) developer. I may be interested, and I am willing to work hard, but I have to say up front: it's not very realistic to expect full-time work for 120 bitcoins per week. We all have to pay the bills. So I hope that's not what you are looking for.


Thats not really true, give it a couple of years and 120BTC will be enough to buy a small country somewhere important. Like maybe Belgium..... the Flemish part.

You need to have perspective man.
2519  Economy / Marketplace / Re: [Baron] is a scammer on: March 02, 2011, 07:04:51 PM
Is there a such thing as tainted bitcoins?
I sure hope not. Having dealt with Visa/PP/etc chargebacks that stiff merchants, one of the key benefits of bitcoin in my opinion is their 1-way nature with no chargebacks. "Tainted" bitcoins just make more victims from an already bad situation.

I suppose not, but since bitcoins all have a history, if you seem to always end up with coins that have been stolen then people will become suspicious. And it may get to the point where others wouldn't want to have anything to do with you.

You would become a pariah.
2520  Other / Off-topic / Re: Inside Job (movie) on: March 02, 2011, 06:37:55 PM
What Nefario was getting in short is that this movie is a blatant miss direction of blame from the actual cause of the problem to merely the symptoms of the problem and to top it off it provides a wrong or non solution. Text book definition of a controlled opposition if you ask me.  Roll Eyes

What he said.
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