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1  Bitcoin / Bitcoin Discussion / Re: I let my last credit/debit card expire this month on: May 09, 2015, 11:02:01 PM
I don't get why everyone's supporting the OP. It seems silly to limit your choices like this. Clearly credit/debit cards still bring a lot of convenience in this world. Why not take advantage of that?



You have a single pathetic point but you are the person that stayed in Europe centuries ago or the person that stayed on the East coast of The newly formed USA.  See you later, whateveryournameis.  Keep moving, Elwar.  You are my hero.
Great job with the uncreative insults. If you believe in what the OP is doing, why not do it yourself?

There's nothing wrong with staying in Europe, and in fact, Northern Europe is a much better place than the USA. Similarly, there is nothing wrong with the East coast; as logically flawed as your point was, you still choose a rather pathetic example.

See, with moving to the New World, or the West Coast, or becoming an Early adopter of bitcoin, there are huge potential benefits. People made millions of dollars. Billions of dollars, even. For the efforts and risks they took, they created a lot of value in the world, and they reaped the benefits of that themselves as well.


But what about what the OP is doing? How will that help society? How will that help himself? It won't. All it does is limit his own choices. There is no potential upside. A person who chooses to live without fiat a year earlier than everyone else won't benefit him (or anyone else) in any way; it's completely different than being a first mover in the New World or whatever.

Everyone talks about being a survivor.  What is the point?  We don't need any more survivors.  We need more dreamers and explorers.  Imagine (or look up) what people like you said about the ones who got on boats pointed at the New World?  People who do not seek their dreams will likely end up as sludge that doesn't go down the drain; You, I suppose.

Also, I have mined since 2010.  I am an early adopter.  I operate full nodes and run over a terrahash to heat my 6200 sq ft house.  What makes you think I am not on the same path as Elwar in regards to going fully bitcoin?  It is why I asked him about the rental stuff because I own a bit of real estate and some businesses.  You put the ass in assumptions.

TL;DR:  this person (Elwar) is a pioneer and a hero.  We should cheer for him.  If he is not a hero, what is a hero to you?  Some cowardly schmuck that stays indoors and plays video games and occasionally looks out his window?
2  Bitcoin / Bitcoin Discussion / Re: I let my last credit/debit card expire this month on: May 09, 2015, 10:15:01 PM
I don't get why everyone's supporting the OP. It seems silly to limit your choices like this. Clearly credit/debit cards still bring a lot of convenience in this world. Why not take advantage of that?



You have a single pathetic point but you are the person that stayed in Europe centuries ago or the person that stayed on the East coast of The newly formed USA.  See you later, whateveryournameis.  Keep moving, Elwar.  You are my hero.
3  Bitcoin / Bitcoin Discussion / Re: I let my last credit/debit card expire this month on: May 08, 2015, 12:37:23 PM
Elwar, I think what you are doing is bold and pioneering.  I hope you will continue to post your success and how you did it.  I have a few rentals and would be interested in how you solve that problem.
4  Bitcoin / Bitcoin Discussion / Re: russia bitcoin ban on: April 19, 2015, 10:59:34 AM
So are there any Russian on bticointal who can indeed confirm that bitcoin is illegal in practice?

Source: http://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country#Russia
I'm russian and i cannot confirm this. The bill is, but it isn't adopted yet. Moreover, it uses the concept of "surrogate money" rather than bitcoin or cryptocurrency. Now there are no official restrictions for operation with bitcoin, except cases when you want to pay taxes on the business.
It isn't recommended to use bitcoin simply, especially in the sphere of business.

I found not bad article where partially it speaks -> Russia and India Continue to Consider Cryptocurrencies.

Now the second version of the bill is considered. Already with exceptions in the form of bonus miles, points and to that similar.

(sorry for my poor english)

Your English is excellent.  Way to disperse the FUD and get to the facts.  Thank you. 

I, for one, am surprised at how bitcoin has been treated in the USA.  I expected more of a crackdown than there has been. 
5  Economy / Speculation / Re: Do whales harm themselves with the dumps? on: March 21, 2015, 02:37:14 PM
Usually they just harm others:

http://www.nydailynews.com/news/world/diver-encased-whale-feces-swim-article-1.2091056

6  Bitcoin / Bitcoin Discussion / Re: Victims of Mt Gox Incident Where Are They Now on: March 19, 2015, 06:24:03 PM
Wow!  I lost 85 too.
7  Economy / Speculation / Re: It is always too late on: March 11, 2015, 10:38:01 PM
The best time to plant a tree was 20 years ago. The second best is now

damn I like this quote

If the best day to plant a tree is 20 years ago, the second best day would be 7303 days ago.
8  Bitcoin / Bitcoin Discussion / Re: How to explain Bitcoin to Chicks on: March 09, 2015, 10:19:57 PM
Firefighter?!?  I like your avatar.  Looks like my wife (except for the mandolin or whatever the hell it is).
9  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: March 09, 2015, 04:27:05 PM
people were gabbling on the wall observer that the recent price runup to 290 was a pump to make more money off the auction.  This "analysis" seemed ill considered to me because government functionaries aren't going to be getting a bonus based on the auction price and therefore have no incentive (unlike wall st) to pull these tricks.  It seems more likely to me that the pull back right before the bidding opened was the artificial move... or even more likely it was a natural pullback that was amplified.  An entity who engineered an artificial pullback would use this knowledge to keep its bid high while others might bid at current market.  Obviously if this is true it is bullish... entirely speculation, but I'm interested in your thoughts...

from many years of trading, i would recommend ignoring news events in general, especially ones that have long lead times like the auction.  certainly, natural disasters and "zero day" natural disasters will have effects if large enough.  otherwise, following the technicals is the wisest approach as it's almost impossible to factor/price in all the myriad news events over short time periods even when it seems obvious.  also, large swaths of ppl are just contrarians and love to invest based on doing something unexpected or going against the grain.  thus, what's makes sense to you, may not make sense in terms of market responses to news events and explains why so many seemingly intelligent ppl get confused and emotionally distraught when prices move opposite to what they've reasoned.

now, having said that i believe more in technicals than fundamentals, it IS important to understand the fundamentals of the market you're investing in, especially with Bitcoin.  assclown emotionally weak minded individuals, like tvbcof, have emotions that swing like the lilies which follow the price.  which is precisely why all his FUD bottomed precisely @155 and have now gone quiet as we've rebounded.  unbeknownst to even him, since that bottom he'll now sneak in a positive comment every once in a while in an attempt to be able to say "he called the bottom" way out in the future.  if you understand Bitcoin, like i believe you do, then you will view huge pullbacks like the last >1 yr as a buying opportunity and ignore guys like tvbcof.  this pullback has been a dream to fulfill one's greed when it comes to Bitcoin accumulation.  this means understanding the economics, cryptography, mathematics, and game theory behind Bitcoin.  this knowledge helps keep things in perspective that helps shield against your emotions due to the volatility.

Oh, this short term analysis is just a fascination/hobby for me; I bought on each 00 all the way down.


the beautiful thing about Bitcoin is its transparency.  you really can get a good idea about what's happened in the past and what's likely to happen in the future based on its open source nature. this is unique in the financial world.  the "consensus" approach to change helps alot in this regard as anyone can participate and learn even at the level of the individual.  as much as Redditors like to bash Bitcointalk as being full of trolls (they never mention Reddit is filled with them just as much if not more), it still is the bastion of ongoing knowledge of what's happening in Bitcoin.  the thread model establishes continuity and evolution of thought.  it also helps establish credibility in the participants.  which is why this thread is so popular and long lasting as it is blessed with many, many thoughtful participants who come and go, each of whom contribute valuable ideas and perspective.  we all learn from each other.  consistent sources of information can be difficult to find in a complex topic such as Bitcoin. 

this is why we all keep this thread running.  not to mention that Gold and Sound Money is key, imo.

This is one of my favorite threads (never understood how reddit could be so popular for something like this and almost never visit reddit) and, while a few trolls will post in this epic thread, some of the smartest (IMO) post here too. 
10  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: March 08, 2015, 12:21:14 AM
Gold will exist in 20 years, BTC not sure

But what will the value of gold be in 20 years?

The immutable value of shiny gold in 20 years will be the same as 1000 or 2000 years ago.

It will get you food, clothing, shelter, and intimate companionship.

Gold is proof of work, being born in a quasar or other extreme cosmic event.

SHA256 and ECC will be broken and forgotten long before we can duplicate the power of a supernova.

If you really think SHA256 will be broken, then you should be buying lead (bullets) and not gold. The entire financial network of the world is built on that encryption, ATMs, SWIFT, ACH, everything.  If SHA256 gets hacked, it's the Mad max scenario and we will all have much bigger problems than bitcoin. Besides, we can migrate the blockchain over to SHA512 with a hard fork a heluva lot easier that the bank's 40 YO computer networks can upgrade. Perhaps you remember what a clusterfuck it was to fix the Y2K bug in 1999.

Wanted to report to moderator but found out that "I like this post" was not an option.  Really like your posts, bro.
11  Bitcoin / Bitcoin Discussion / Re: Average Age for Bitcoin/Crypto currency users on: February 28, 2015, 09:09:16 PM
Dang, I am a minority.  I would be interested to see a more granular analysis of the 26-40 group.
12  Bitcoin / Bitcoin Discussion / Re: Four Strikes Against Bitcoin on: February 20, 2015, 06:20:42 PM
Anyone newbie with a handle like "telleroftruth" is likely entirely dishonest.
13  Economy / Speculation / Re: And so begins the new crash. on: February 19, 2015, 02:00:43 AM
Buy orders are vanishing before our eyes, selling pressure increasing massively. The path is clear to drop below $200.

OTC prices are already around the 200 mark with big volumes being sold.

This is a huge indicator for upcoming big dumps.

Short and sell now or hold the bag.

Cool handle, Kwukduck.  Your anus must be raw and bleeding -- only explanation for your unfettered vitriol.   Nobody will hold your bag (as empty as it is and as much as you want that).
14  Bitcoin / Bitcoin Discussion / Re: Take the money and run is the Bitcoin way! on: February 18, 2015, 07:07:36 PM

Just so that I can get a fair comparison, please now list every theft and scam that has happened with U.S. dollars in the past month.

Is it accurate to say that "take the money and run" is "the bitcoin way"?

Wouldn't it be more accurate to say that take the money and run is the criminal way, and that criminals will take any thing of value that they can get their hands on regardless of whether it is U.S. dollars, bitcoins, cars, artwork, jewelry, or children?

Once again, dannyhamilton nails it.  Nagle's post is overly emotional as well as intellectually dishonest.  He even lists something that he says he will not list.  So strange for someone with so many posts...
15  Bitcoin / Bitcoin Discussion / Re: How many Fiat users are Mentally Ill on: February 17, 2015, 12:24:28 AM
+1

Even while alone, I laughed out loud. You rock! Way to go.  I emptied my bank account and mattress a long time ago.
16  Bitcoin / Bitcoin Discussion / Re: Need People for Bitcoin Interviews!! on: February 16, 2015, 10:54:59 PM
I don't personally know anyone on these forums.  Have lurked for years and Dannyhamilton is one of my favorites:  smart, circumspect, consistent, long history.  I did the interview and the young university student (probably half my age) is a representative of our best hope for humanity's future.  Hooray for him.  I never asked for payment and there are others here that would never consider it.  Don't discount the possibility that humanity can come from the individual without government coercion.  In fact, I think the individual is the more likely origin. 
17  Bitcoin / Bitcoin Discussion / Re: How Many Bitcoiners are Mentally Ill? on: February 16, 2015, 10:45:11 PM
If we were to get diagnosed with anything, it would be higher intelligence than the average 'sheep'.

+1

In case anyone missed it, I believe many here would benefit from reading this article:

http://www.davidsongifted.org/db/Articles_id_10554.aspx

An understanding of the above article is perhaps a necessary (but not sufficient) component of self-actualization for those with the vision and ability to see the significance of what we are witnessing (Bitcoin).  The RawDog style of the OP and the comical use of the fancy "elucidate" word indicates he/she will not benefit from the above article.  But some the rest of you (posturing OP excluded) might be edified.  Read the article.  For your children, perhaps.

18  Bitcoin / Bitcoin Discussion / Re: Need People for Bitcoin Interviews!! on: February 16, 2015, 10:25:29 PM
He was lucky to talk to dannyhamilton.  DH is one of the smartest guys around here.  I was long-wind too.  This young college fellow is smart and unique compared to his countrymen.  I suggest doing the interview with this bright young fellow.
19  Bitcoin / Bitcoin Discussion / Re: How Many Bitcoiners are Mentally Ill? on: February 16, 2015, 10:11:16 PM
Just briefly glancing through here it seems like anywhere from 15-25% could be diagnosed as morbidly paranoid, with 5% of that as full bore schizophrenia. There's also a great deal of mania in this forum, with the other subforums exhibiting mania/depression or both depending on the subject. It's difficult to parse through a forum but it just seems like an unusually large number of posters here are suffering from some combination of narcissistic/victim personality disorder, either resulting from social isolation, autism spectrum diseases, substance abuse (perhaps bitcoin's primary use) or PTSD.

Has anyone elucidated the link between bitcoin and mental illness? How many people here got involved in bitcoin because you couldn't function in the normal economy, or in society at large? I'm seriously asking because the idea of a currency that specifically draws the unstable members of society is fascinating from a social psychology perspective. There are certainly a very high number of sociopaths leading the bitcoin community (which explains the continuous scams and thefts of the beta member resources). Anyway if there are any normal members here you might want to commission a social worker to survey this forum for potential suicide/homicide risks or a psych researcher to try to and determine what factors of the bitcoin system are selecting for dredges. Cheers!  Grin


One could make a very convincing argument that most people overly rely upon various defense mechanisms and psychological coping techniques to mask the true horrors that represent reality.

I don't need to believe in any "fringe" conspiracy theories(as if the popularity of an idea had anything to do with its validity.) to justify a healthy amount of skepticism (or paranoia, if you prefer) based upon what is openly admitted. Read some Noam Chomsky or Christopher Hitchens and your eyes will be opened straight away.

I had many colleagues call me a tin foil hat nutter 10 years ago when leaks started coming out regarding NSA crimes and my healthy skepticism drew conclusions that now have all been vindicated and those detractors now have a case of Historical revisionism and claim of course the NSA was doing all those "activities" that is what their central role is.


Inbitwetrust, you are an order of magnitude more intelligent than the posturing OP.  She is likely not worth any time.  It is easy to dissect her post to reveal grammatical errors, uninformed and indefensible statistics, and hand-waving.  Many in the list of disorders the idiot posts in her first paragraph are mutually exclusive and have little to no comorbidity.
20  Bitcoin / Bitcoin Discussion / Re: How Many Bitcoiners are Mentally Ill? on: February 16, 2015, 06:49:01 PM
Bitcoin sperg, you don't belong here.  I imagine if you were to read the article I posted it would float right past your dozen or so brain cells on its way out your other ear.  Clearly we are not your people.  Shill or otherwise, find YOUR folk and thrive.  The internet makes it possible to draw together small communities of people separated by great distances (e.g. badger rapists that caters to people interested in coitus with reluctant badgers).

I think there are many angry people in our community but they are angry for good reason.  Apply your pontifications and analysis to what I have written.  List your qualifications for diagnosing any of us, run through the NPD criteria regarding yourself (reading your original post makes it pretty clear you suffer from this as well as projection). And finally, where am I in the DSM, you self-important shit?  Or do you even know what the DSM is.
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