Bitcoin Forum
May 03, 2024, 07:42:38 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 [23] 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 »
441  Economy / Economics / Re: Let's compare USD and BTC on: November 01, 2012, 10:53:14 PM
You can't really invest in bitcoins since bitcoins don't generate bitcoins. You can speculate and you can park funds.

You could be investing in bitcoin if the way you put money in helps to grow the bitcoin economy or make bitcoin better.
442  Other / Politics & Society / Re: How do we get Gary Johnson 5% of the popular vote? on: November 01, 2012, 07:43:33 PM
While Gary Johnson is the best candidate the Libertarians have had for president for a while, I will still be suprised if he gets over 2% of the vote.

What Libertarians should be doing is trying to work from the bottom up. While Rand Paul jumped in at the senate level, most people have to work their way up. Like Justin Amash, who moved from the Michigan state legislature up to the house of representatives. (And while those two are republicans, not libertarians, they are very libertarian in their positions)

So go out and get a liberty-minded individual elected at the local level, and then they will have a better chance of getting elected to a national level later.
443  Other / Politics & Society / Re: 12-Year-Old Girl Shoots Intruder During Home Invasion In Bryan County on: November 01, 2012, 07:36:58 PM
Good girl.
Well, she did miss his heart.  lol

It is hard to hit such a small target through a closed door. What she was trying to do was to get him to leave her alone, that seems to have worked out according to her plan. I am sure if the assailant had continued opening the door even after being shot at, then she would have had a clearer shot to finish him off.
444  Other / Politics & Society / Re: Obama or Romney ? on: November 01, 2012, 06:27:30 PM
4. Make one self-defense law stating "If you are attacked then you have a right to defend yourself as long as you do not kill the attacker or attackers"

Where should I shoot them then?

Why even put a self-defense law in a plan to reduce the deficit? That makes no sense. Also, self-defense is handled at the state level.
445  Economy / Service Announcements / Re: Let's have a little fun then, shall we. on: October 31, 2012, 02:15:37 PM
So we are paid Nov 5th?

Remember, remember the 5th of November.

I forgot, what about the fifth of november?
446  Other / Beginners & Help / Re: A new notation for Bitcoin? on: October 31, 2012, 03:52:46 AM
One of the things I like about the way I've proposed it is that it does indeed look like a decimal, the ^ being the sole marker.  I'm not saying I'd defend that position till the death if differentiation at the risk of feeling 'weird' was deemed to be a higher value than familiarity at the risk of confusion.  I'm not at first glance however enamoured by any of the three you've proposed:  The 'x' looks like a multiplication; the '#' is widely used in the US to denote a number in a list and the ';' is too easily confused with a ':' which means (especially with the numbers we're talking about) looks like the time in 24 hr clock.


I think it is important to make it just different enough that people do not confuse it. 19.10 btc is very different from 19.01 ^btc.

How about something like 21100 ^btc = 1.00 btc, so 205 is a cheap pizza, 1994 is a USD, etc?
447  Economy / Scam Accusations / Re: Scammer: Dank on: October 30, 2012, 09:11:50 PM
Would you guys give this absolute nonsense a rest? Pretty please?

Well we were about to ignore this completely, but then you went and bumped the thread, so now everybody has to post more.

To keep things on topic, has Dank ever successfully brought an idea to fruition on this forum? Maybe instead of a scammer tag he should just get a "loser with big ideas" tag?
448  Other / Beginners & Help / Re: A new notation for Bitcoin? on: October 30, 2012, 09:02:06 PM

When comparing prices, can you do things like: 1 USD was selling for 20.100 ^btc the other day, but now it is down to 20.094 ^btc?
I can't see why not.  And now that you've brought it up I why not leave flexibility in software so people can set their preference either to 'normalise' after every calculation (losing preceding zeroes) or to keep a bunch of calculations using a single exponent until reset manually.  Likewise with a preference to put in trailing zeroes (as you did with 20.100) if it helps.


So it makes sense that if you go down from 19.100 you go to 19.099, but what if you go up? 18.99 + 18.01 --> 19.100, you can't keep 18 as the exponent.

Hrmm, I think having the dot makes it look too much like a regular decimal. Maybe you could use a different separator in your notation, like 'x' or '#', or ';' or something:

1.00 btc = 21x100 ^btc  -  18x9 ^btc + 18x1 ^btc = 19x10 ^btc
1.00 btc = 21#100 ^btc  -  18#99 ^btc + 17#1 ^btc = 19#10 ^btc
1.00 btc = 21;100 ^btc  -  18;09 ^btc + 18;1 ^btc = 18;19 ^btc

For subtracting (or using a negative number) you should put the - before the exponent, to be more clear you could add parenthesis:
21.10 ^btc - (21.10 ^btc) = 21.0 ^btc

Wait, have we determined how to represent 0 in this system? would it be 0.0 ^btc? or just 0 ^btc?
449  Other / Beginners & Help / Re: A new notation for Bitcoin? on: October 30, 2012, 05:17:34 PM
Something along these lines may well have already been proposed and if it has, please direct me to the thread.  However, there's always a chance this is actually a new and revolutionary idea Wink.

Introducing 'powerbitcoin' (^BTC) ...

1 BTC = 21.1 ^BTC
half a Bitcoin = 20.5 ^BTC
quarter of a Bitcoin = 20.25 ^BTC (pronounced 'twenty dot two five powerbitcoin')
21 million BTC = 28.21  ^BTC
1 satoshi = 13.1 ^BTC




Ok, this sorta makes sense to me, but I am not seeing where the first part of the number comes from? Why is the range from 13.1 ^BTC to 28.2099999999999999 ^BTC?

Why not use the satoshi as the base, then the range would be from 1.1 ^BTC to 15.21 ^BTC, with 1.00 BTC = 8.100 ^BTC?

If I understand correctly, 1 USD is about 19.94 ^BTC right now?

When comparing prices, can you do things like: 1 USD was selling for 20.100 ^btc the other day, but now it is down to 20.094 ^btc?

450  Economy / Economics / Re: Let's compare USD and BTC on: October 30, 2012, 04:54:27 PM
I have another thought: It could be regarded as a digital asset which is very secure and can hedge against inflation, since it is not issued by any government, the risk of default is zero. But first the exchange should be well regulated and accepted by pension funds


The risk of default may be 0, but the risk that there is a flaw that will reder bitcoins worthless is non-zero. There is also the risk that people will stop using bitcoins, which would drive down the value, which to the hoder works out to about the same thing as a default.

As a high end investment target, people will not use BTC at all, it will only be operated by institutions. Buying and selling them in the exchange is their daily work, and why people buy? Since it hedges against inflation, better than a USD saving account


But why wouldn't individuals invest directly in bitcoins? Getting bitcoins is easier than (or at least as easy as) investing in an institutional account.  Large institutional investors might want to buy some bitocins as a hedge against inflation, but that doesn't stop individuals from doing the same thing. The beauty of bitcoins is that it serves so many roles at the same time. Bitcoins can be used by large investors, small savers, day traders, people transferring money across the globe (to do large investments in other countries, or as a way to send small amounts to family members) or by people buying things online, or by people donating money anonymously, or for micropayments. The more people use bitcoin, the stronger it becomes, and the better it serves for all the other functions. For instance, as more people use bitcoin as savings, the price will go up, and the total market cap will go up, which will make it easier to use bitcoins for larger transfers.
451  Economy / Marketplace / Re: The Armory - Weapon Marketplace on: October 29, 2012, 09:33:02 PM
I don't suppose someone could *cough* put the .onion address in my inbox *cough* *cough* could they? Smiley

The Armory has been shut down.

I haven't searched in a while, since the Armory was shutdown, has an alternative weapons marketplace sprung up yet?
452  Bitcoin / Bitcoin Discussion / Re: Real life bitcoin scenario for non-bitcoiners on: October 29, 2012, 09:31:48 PM
Adam is eight years old! He goes into the sweet shop ...

Adam is eight years old! He goes into the sweat shop, where he works his 10 hour shift. He then goes to the shop manager, hands over his ID card (which has a bitcoin QR address), the manager scans the card and sends 0.5 bitcoin to that address. He then thanks Adam for the productive workday and sends him on his way.
453  Economy / Service Announcements / Re: Let's have a little fun then, shall we. on: October 29, 2012, 09:17:39 PM
Have these adverts had any effect MPOE-PR?

Maybe. How would you quantify such a thing?

Shouldn't you have determined the method to measure effectiveness of your advertising before you started the advertising?
454  Bitcoin / Bitcoin Discussion / Re: Increase the availability of BTC on: October 26, 2012, 10:25:06 PM
Social farm games: some users buy to get a head, others save by selling and for some there is no limit as to what they would do to get a head ...

Social games: some users buy to get head, others save by selling and for some there is no limit as to what they would do to get head ...

Wait, I think you meant to use the word "ahead" rather than "a head" ...  Grin
455  Economy / Currency exchange / Re: Amazon to Bitcoin conversion (question) on: October 26, 2012, 09:25:26 PM
There is a website that I used a while ago that converts your amazon gift cards to bitcoins in like a couple of hours does anyone know what the website is?

There are several.

http://www.reddit.com/r/Bitcoin/comments/11y8qp/purchase_almost_anything_with_bitcoins/
https://btcbuy.info/GiftCards.cshtml
https://www.bitmit.net/en/q/?q=amazon

Thanks but the site I am talking about I could sell my amazon for btc

You could just use this forum.
456  Bitcoin / Bitcoin Discussion / Re: Real life bitcoin scenario for non-bitcoiners on: October 26, 2012, 08:26:41 PM
I'm kicking off: It's June 2013, Adam enters a store, picks up some snacks and takes it to the counter. What happens next?

Bitcoin can be useful even if a store point-of-sale system is never implemented.

But to go with your scenario, I see two options:

1: The clerk scans his items, he goes to the payment device (the thing people swipe credit cards with now). The screen gives options for the buttons indicating types of transactions, one of them says "Bitcoin". Adam presses the button by bitcoins. The screen brings up a QR code bitcoin amount, store name, and address (all in a bitcoin standardized format). Adam pulls out his smartphone, opens the bitcoin app, zaps the code, presses the confirm button on his phone. After a second the screen says "transaction received" or something like that, Adam takes his stuff and walks out. (The store name is not nescesary for the bitcoin transaction, but it makes record keeping nicer so when you look back at your wallet you know what that transaction was from.)

2: The clerk scans his items, Adam swipes a card just like he would a credit card. This is linked to an account with bitcoins, but the store clerk doesn't need to know about all that, since everything happens in the backend to do the conversion and the store is electronically sent dollars, just like a credit card.

Why I say bitcoin can be useful without this setup is that bitcoins can function as a savings tool, like gold does today. People who want to save money convert it to bitcoin on an exchange or with somebody local in person, and when they are done saving they convert it back on the exchange. Bitcoin has the advantage over gold in that it is harder to fake and it is easier to trade with people farther away.

Bitcoin is also very nice for internet purchases. And for doing long-distance work (like programming or digital artwork) where there is no reason for the employer and employee to be restricted to dealing only with people in their own country.
457  Economy / Economics / Re: Let's compare USD and BTC on: October 26, 2012, 07:18:40 PM
I have another thought: It could be regarded as a digital asset which is very secure and can hedge against inflation, since it is not issued by any government, the risk of default is zero. But first the exchange should be well regulated and accepted by pension funds


The risk of default may be 0, but the risk that there is a flaw that will reder bitcoins worthless is non-zero. There is also the risk that people will stop using bitcoins, which would drive down the value, which to the hoder works out to about the same thing as a default.
458  Economy / Scam Accusations / Re: Scammer: Dank on: October 26, 2012, 05:04:50 PM
How many accounts does this rarity person have?

I'd be more interested in knowing how many accounts dank has.
2.

Isn't that the same number of depositors your 'bank' has?
Dank Bank has had 8.  I think anyone with a brain cell knows which other account is mine.

I have no idea which other account is Dank's. I have at least one brain cell. Therefore, Dank is lying again.

In all reality, I just don't care enought to try to figure out who else is Dank.
459  Economy / Securities / Re: GLBSE is offline We will update our users on Saturday. on: October 26, 2012, 05:00:10 PM
Peter will be First Officer on the rowboat across the River Styx, intersango and zhou are galley slaves rowing with nefario and pirate as co-Captains. I'm planning on blowing the bitch up mid-river.

I am not sure how Peter ended up so high on the list, he only ever had a couple hundred bitcoins at most.
460  Other / Politics & Society / Re: 12-Year-Old Girl Shoots Intruder During Home Invasion In Bryan County on: October 23, 2012, 11:25:22 AM
Quote
October 22, 2012 (GARY, Ind.) (WLS) -- Last Friday, Jerry Hood, 48, of Gary, Ind., left work and decided to go home during lunchtime. Gary police said Hood, who was with a co-worker, noticed activity in his house and called police for help, but did not wait for police to arrive. Instead he went in and lost his life when he disrupted a home invasion, police say. Hood died from multiple gunshot wounds.

http://abclocal.go.com/wls/story?section=news/local/indiana&id=8856120

In the first paragraph it says he is 48, but a couple lines lower it says he was about to turn 47 in November? Somebody failed a fact check.

The story does not say if he was armed. Based on what it does say about him, "said La Shawn Daniels, niece: 'He was a family man, family first, there for everyone'", I would venture to guess he was probably not armed.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 [23] 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!