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Waiting to see if they have more sane limits and allow privacy. I'm pretty turned off by the referral system. It looks like I'd have to make an account with which to refer myself in order to get both sides of the discount? Weird. Why would I choose someone who wasn't my wife or I to get a % of my action? Because someone spammed their code at me?
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That being said, government action is a huge risk factor. It will show a lot about our government if they use threats of violence (i.e. make a law) against us for trading nothing but strings of numbers among our computers.
it's pretty absurd that people keep making statements like this about how "it's just a string of numbers" or "there is no law against math." If it were just a string of numbers, it wouldn't be trading for $26/USD per BTC. It is meant to be a p2p currency that exists as a unit of trade, and none of us would care about it if it actually was just a string of numbers. To put it another way, isn't counterfeiting bills just printing pretty pictures on a piece of paper? Why is there a law against that? Isn't software piracy just trading strings of numbers over the internet as well? It makes me sick that people attack others for making certain designs on paper (designs they make themselves even!). |
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Generate switch still works if people want to be stupid?
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generating an address is like multiplication. It makes no sense whatsoever to outlaw it. I'm talking like in a full on Bitcoin is illegal, actual enforcement, PR campaign, etc it still makes no sense to target that aspect. It would be easier to stop people from using a calculator apps.
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bitoption.org is just getting started. Eventually it should be liquid and you'll be able to buy the right to sell your coins at a certain price on a certain data. That would be buying a put; it's like insurance against the downside.
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What the hell? I can't lock my own thread and I can't report it to a moderator? I'm going to Bitcoinforums.net.
Someone please report this for lock.
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Pfft, I expected a long analysis, twitter, classy.
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I think I got a fairly clever scam/trojan/something attack.
SilverKnife sent me a message addressed to someone else and quickly wrote another saying opps, ignore that. But the original message happened to include a link to a faster miner he knows about.
Maybe it's harmless (I doubt) but may as well take this time to give a general warning.
Don't run code from strangers, especially Bitcoin strangers, they know you've got a wallet.
edit: And it probably wouldn't be a bad idea to wait until like 24hrs after a members 5th post or something to let them PM.
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How about letting traders trade BTC/USD on site? Obviously some (most?) trades will need to be facilitated on mtgox, but there could be a coincidence and we could save fees.
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Getting this for balance: {"obligations": {"msg": "Obligations includes all written unexercised contracts", "usd": "0", "btc": "0"}, "balances": [["BTC", "0.000000"], ["USD", "0.000000"]]}
after 8 confirms.
edit: showed up, is it really that many confirms required?
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And yes that includes all costs
So any one with (how much?) money can dig up an ounce and sell it for 3x as much? Unless it takes 30 years this kills everything and everyone would do it. There are no free 200% auto-profits sitting there. |
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It's millie (10^-3) and mike (10^-6).
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http://www.wired.co.uk/news/archive/2011-06/09/us-bitcoin-crackdownSuch actions would be unlikely to harm Silk Road. It can happily shift servers at will, remaining accessible thanks to the Tor network, and could easily switch to an alternative payment method. It's more likely to hurt the burgeoning Bitcoin economy, the value of which some argue is artificially inflated by speculators. If those speculators get cold feet, that value is likely to crash. I do wish they had elaborated on that. 
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I just stumbled upon this "press release": http://www.newsropa.de/index.php?id=115&tx_ttnews[tt_news]=16307&tx_ttnews[backPid]=7&cHash=e445c7eebc It is poorly written, but imho there's some new information also. It says that on June 14th/15th, Bitcoin itself [sic!] will talk about its strategy and backgrounds. A member of the main developers will have a Q&A at the "2b AHEAD Zukunftskongress" (future conference) in Brunswick, Germany. So who is the developer that is gonna talk at the conference? I have no idea about the national impact of the conference, but the site makes it sound like this could likely cause some further media coverage in Germany. Wow! Will it be the Bitcoin software answering questions or just a pile of coins?! This is amazing! |
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Don't forget that Gold was valued at it's cost of production for almost 10 years.
Right now gold is 5 times it's cost of production.
How could this be? What will it cost me to mine an oz of gold? $300? no. 100oz? $30000? No. 100000oz? Why wouldn't someone be taking this free money if it was there? Maybe you don't consider buying the mine part of the cost? |
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So you are worried that the public might choose closed clients resulting in the public not controlling things? And what they'll be dissatisfied and not switch clients?
Miners and merchants have the actual power anyway. People can store their coins a bunch of different ways and it doesn't matter at all as long as they are satisfied.
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For various reasons it wouldn't hold the whole underground economy if it had none of the "regular" economy, but it could grow the size of the underground economy too. I mean what's more important than a secure money for that?
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All the ethical banks already support bitcoin.
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If you lose something valuable you are accountable. No one is making any promises to you here.
No one is making any promises, and in priciple I agree everyone is responsible for their own stupidity. But if I'd been one of the core developers and if I would have any doubts, I'd still feel moraly obliged to speak out very loud before cashing in bigtime. I don't mind if you think you would have some obligation in some hypothetical situation. |
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