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1861  Bitcoin / Bitcoin Discussion / Re: Bitcoin dignity rule on: July 11, 2012, 07:48:44 AM
If you're into Bitcoin, you need to have a Bitcoin address publicly associated with you.

Why?
1862  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: July 11, 2012, 07:04:07 AM
...
You know there are people that exist with millions of dollars and blow it like Kim Dotcom
You know there are people that exist like Kim Dotcom that have already bought into the game and looking to sell
...

Interestingly... A few hours ago, KimDotcom retweeted a comment to him by Falkvinge regarding Bitcoin:

Falkvinge:
Quote
@KimDotcom I'd love to see bitcoin take off - unseizable, transfers in a flash, almost untraceable, and would kill the legacy banking system

https://twitter.com/falkvinge/status/222760194176847872



Nice.
1863  Economy / Speculation / Re: ASIC Rigs Make Price Skyrocket along with difficulty? on: July 11, 2012, 06:29:51 AM
Quote
Best bet would be to fire up the first such rig right after a difficulty increase, in which case you could get about 1/14 of the BTC for the next 7 days, and 1/15 for the following 7 days.

You might think about turning it on one block before the difficulty retarget, how much would you make on average? How much would it increase the difficulty on average? My intuition says that since you only affect the difficulty if you find a block it's never worth waiting. You profit more by finding any particular block than the finding of that block will slow you down later.
1864  Bitcoin / Bitcoin Discussion / Re: Bitcoin advertising on the World Poker Tour! on: July 11, 2012, 04:22:39 AM
Currently he is in 1951st place out of 2283 players remaining.

http://www.wsop.com/tournaments/chipcounts.asp?tid=12161&grid=887&dayof=2557&rr=5&curpage=10

The tournament ends on Jul 16th.

They play down to 9 players and then finish in November.
1865  Bitcoin / Bitcoin Discussion / Re: is black market / underground economy support the key? on: July 10, 2012, 11:08:52 PM
I disagree. I think what we need is the tools and processes to make it easy for people to plug it in to their "legit" businesses. It will never grow big enough unless mainstream people use it.

Making it easy to use without disrupting current business practices is essential.

But as a consumer, I can't figure out ANY benefit to paying for a cup of coffee in bitcoins rather than paying in cash or with a credit card.

Yeah, it's great for us when businesses sell mundane things and accept BTC, but even if it were seamless for the merchant (and it already pretty much is seamless) you'll need an incentive for consumers to go through the extra trouble of acquiring and maintaining a bitcoin balance. I'm assuming that 95%+ of people will not care about bitcoin for any ideological reasons, just for practical reasons.

I have a ton of coins and no dollar income for ideological reasons. That makes buying coffee for bitcoins a practical benefit to me.

But yeah, going work--->cash--->bitcoin--->coffee is sillier than work--->cash--->coffee. But work--->bitcoin--->cash--->coffee might be inferior to work--->bitcoin--->coffee
1866  Bitcoin / Bitcoin Discussion / Re: Bitcoin dignity rule on: July 10, 2012, 10:04:32 PM
I don't think we need a rule per se.

Oh good, because if we are going to have an actual rule it might as well be a doozy, with built in funding for enforcement, like maybe require all donation addresses to be special script-addresses from which funds can only be released by outputting a certain percentage to the forum police fund or something. Smiley Cheesy

-MarkM-


Yeah yeah, I know a hard rule wasn't even suggested, just echoing that.
1867  Bitcoin / Bitcoin Discussion / Re: Bitcoin dignity rule on: July 10, 2012, 09:54:35 PM
I don't think we need a rule per se. But it might be good for people to mention how they perceive it in a place like this thread. Whenever people start using new technology it takes time for norms to develop.

When someone post an addy it makes me think that they either rate themselves very highly or are new and bitcoin broke and possibly regular broke too. The exception is when someone or something they've built is actually awesome and Armory/etotheipi comes to mind. I think that's the only sig addy I've given to in the last year.

1868  Bitcoin / Bitcoin Discussion / Re: why did trade hill give up? on: July 10, 2012, 09:24:16 PM
So only Dwolla's motion was dismissed not Tradehill's entire case?

Dwolla's motion lead to Tradehill's entire case to be dismissed.
Quote
This would make more sense to me, since I believe Tradehill will win the case. Although, I'm still confused as to why Tradehill or any other exchange based in the USA would allow custormers to use Dwolla, Paypal, Liberty Reserve, etc to fund their accounts. As far as I know, standard practice for RL brokerage firms is customer's bank account to brokerage's bank account and vice-versa.

Dwolla was supposed to be irreversible. Turn out, it is not.

why do you include LR in the list?  I thought they did not reverse charges.
He said RL not LR, as in Real Life not Liberty Reserve.

He said "Liberty Reserve"
1869  Other / Beginners & Help / Re: Bitcoin ownership obeys a power law - BTC price prediction thru to July 2013 on: July 10, 2012, 05:48:30 AM
I think you missed the 2000BTC crowd.
1870  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: July 09, 2012, 05:56:30 PM
MtGox is buggy, it has been sending info and/or executing trades incorrectly intermittently for 2 years.
1871  Other / Politics & Society / Re: Just where do we live? on: July 09, 2012, 05:47:56 PM
*Truly surprised by the ratio of PoliceHaters/ThoseWhoKnowTheKellyThomasStory on this forum*

Police haters? I'm pretty sure the people you are talking about would feel the same way about anyone who did that sort of thing, it just happens that most of the time that is people wearing police costumes.
1872  Economy / Securities / Re: Is GLBSE also slow for you ? on: July 09, 2012, 05:32:16 PM
Yes, I think it is getting slower lately. I think it loads a lot of unnecessary history on all pages and in an inefficient way.
1873  Economy / Gambling / Re: SealsWithClubs.eu - 60BTC guarantee tournament Sunday on: July 09, 2012, 05:31:24 PM
First time playing the Sunday tournament (always wanted to just was busy or missed it) and came in 1st place.

Thanks for the 21 BTC.  Cheesy

I saw, congrats!

Any plans on adding other tournaments like this? Perhaps on Saturday or Wednesday?

Not another guarantee, but I am willing to try new things on the schedule. Maybe a 1BTC "warm-up" on Saturday at the same time (6pm ET)?
1874  Bitcoin / Bitcoin Discussion / Re: SETI and Bitcoin on: July 09, 2012, 05:25:13 PM
If you spend $1000 worth of hardware and electricity inefficiently searching for aliens then you can tell yourself you helped $1000 worth. But if you spend $1000 inefficiently on bitcoin mining and get $900 worth of coins you can only really tell yourself that you lost $100.
1875  Economy / Gambling / Re: SealsWithClubs.eu - 60BTC guarantee tournament Sunday on: July 09, 2012, 04:59:22 AM
Just finished losing the tourney.  It was awesome.  I also got 2 girls playing that aren't into bitcion really but are into poker. 

We all lost though. 

now they want to buy more bitcoins but I'm not sure about the easiest way to buy them.

I've never really bought them, just mined and invested on the GLBSE.

Whats the simplest most girl friendly way to buy bitcoins?


I'll cover BitInstant fees if you forward the BitInstant receipt email to admin@sealswithclubs.eu and include your username. That makes BitInstant the best way for sure.

This is not an official thing, but I will do it for a while.

Cool great to know. 

Tell me, when you fund from bit instant do they send the bitcoins to you, or do they just fund your mt. gox account and you have to do the trading?



It used to make you pick an exchange, but now you can choose bitcoin to email via coinapult to get them direct to email. I haven't personally done it, but it sounds really simple. There is a $1 fee for that according to bitinstant's fee page. Coinapult itself is a free service.
1876  Economy / Economics / Re: Is now the time to buy? on: July 09, 2012, 04:22:20 AM
It is always a good time to buy. It may cost you more and some points in time than others but right now it is a coin collecting race. Who ever has the most coins once ALL the coins have been mined controls the power. I speculate the value of bitcoin will rise quickly and more steadily once all the coins are mined.

Money is not a matter of "whoever has the most wins". If you have twice as much money as I do, that doesn't mean you control the power and I control nothing. It just means you have twice as much power as I do. Everyone has power in proportion to their wealth. The poor have less power than the rich, but they are not completely powerless. Contrast this with a typical democratic government, in which whoever has the most votes controls all the power and everyone else has nothing.

In any case, the only way to exercise the power that money provides is to spend it, after which you don't have as much money as you did, and somebody else has more. If somebody has a lot of money but they don't actually do anything with it, that money might as well not exist as far as the rest of the economy is concerned.

Yeah, money is the fairest sort of power there is. Unlike political power you have to part with it to use it. You hand it off to someone else in even measure to what you want them to do for you. Not near as much distinction when the ability to produce money for nothing is a political power, but it applies to good money.
1877  Economy / Gambling / Re: SealsWithClubs.eu - 60BTC guarantee tournament Sunday on: July 09, 2012, 02:02:14 AM
First time playing the Sunday tournament (always wanted to just was busy or missed it) and came in 1st place.

Thanks for the 21 BTC.  Cheesy

I saw, congrats!
1878  Economy / Gambling / Re: SealsWithClubs.eu - 60BTC guarantee tournament Sunday on: July 09, 2012, 02:01:41 AM
Just finished losing the tourney.  It was awesome.  I also got 2 girls playing that aren't into bitcion really but are into poker. 

We all lost though. 

now they want to buy more bitcoins but I'm not sure about the easiest way to buy them.

I've never really bought them, just mined and invested on the GLBSE.

Whats the simplest most girl friendly way to buy bitcoins?


I'll cover BitInstant fees if you forward the BitInstant receipt email to admin@sealswithclubs.eu and include your username. That makes BitInstant the best way for sure.

This is not an official thing, but I will do it for a while.
1879  Bitcoin / Bitcoin Discussion / Re: Lost bitcoins - horror stories, estimates, and predictions on: July 08, 2012, 11:30:08 PM
site:bitcointalk.org <search string>

We should probably sticky that somewhere.  Most regulars of any messageboard know that you can search it through Google but newbies are often unaware of that.

The search works fine. People are just lazy...

I think part of the problem is that people don't know that if you are in a subforum and search only that subforum is searched.
1880  Economy / Securities / Re: Multiple Orders and Availablity and GLBSE on: July 08, 2012, 11:26:42 PM
Did this just happen? I have a bid out but my available balance is the same as my total.
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