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1  Bitcoin / Press / Re: Bitcoin press hits, notable sources on: March 26, 2011, 09:53:14 PM
http://www.taranfx.com/bitcoin-p2p-internet-currency-foreign-exchange
2  Bitcoin / Bitcoin Discussion / London breakfast meet / Sun 27-Feb on: February 26, 2011, 09:09:18 PM
Deliberately last minute, can we get a Sunday breakfast meet together in or around the Square Mile in honour of the financial theme?
3  Economy / Marketplace / Re: Anybody from the UK? on: February 23, 2011, 11:58:27 PM
Anyone here also trading on OTC? See you on IRC.

How about doing it the very very old fashioned way and trade at a City of London cafe?

http://en.wikipedia.org/wiki/London_Stock_Exchange#Exchange
4  Economy / Marketplace / Re: FS: US$10 iTunes Gift Card / 5% discount on: February 19, 2011, 08:37:49 PM
Sold on #bitcoin-otc.
5  Bitcoin / Bitcoin Discussion / Re: drop in btc value on: February 19, 2011, 06:11:00 PM
Volume is a good thing.
6  Bitcoin / Bitcoin Discussion / Banned words when explaining Bitcoin to the mainstream on: February 19, 2011, 06:00:55 PM
What terms should be avoided when discussion Bitcoin with non-tech minded people? Multiple votes allowed. Changes allowed. I'll add any new suggestions to the poll.
7  Economy / Marketplace / Re: FS: US$10 iTunes Gift Card / 5% discount on: February 18, 2011, 10:34:04 PM
Increased discount to 10% to compensate for recent weakening in BTC.
8  Economy / Marketplace / FS: US$10 iTunes Gift Card / 5% discount [SOLD] on: February 16, 2011, 04:34:38 AM
  • $10 iTunes Gift Card for US store
  • for sale for BTC at 5% discount to MtGox ask
  • unused code to be emailed
  • card will not be posted
  • see bitcoin-otc order book
9  Bitcoin / Bitcoin Technical Support / forum content visibility to non-members on: February 14, 2011, 11:50:26 PM
I had proposed in an earlier thread about making the forum accessible only after logging in, to better protect members' opinion from being indiscriminately crawled by search engines and to reduce risks of bot and spam. It has been suggested that this topic should be made into a poll. Please share your thoughts.
10  Economy / Economics / Re: bad money drives out good on: February 14, 2011, 07:48:18 PM
Whilst the community is still driven by enthusiasts, we should make a point (perhaps economically irrational) to generate/use/convert BTC, and not hoard it. Or, at least set aside a tiny portion for "savings" purposes.
then what you are in effect doing is making a rational economic decision between investing in the community as a whole (hoarding) vs investing in some specific endeavor or consuming some good or service.
I think we are in an extremely primitive stage of a currency/economy and until it comes "real" we might consider making an effort in taking less than rational economic decisions if it benefits moving the economy forward. We are probably in the early seashell stage currency development, and the seashells are not so widely useful either. I doubt seashell spenders thought much between one economic action over another. They were just glad that they found an instrument that beats bartering slightly.

Like many on this forum, I have to confess that I'm not a economist and these are merely my hopefully commonsense thoughts, rightly or wrongly.
11  Economy / Economics / Re: Could BitCoin ever be backed by Gold? on: February 14, 2011, 06:18:09 PM
When a currency pool is too small to have any liquidity to determine effectively its value, I think currency pegging (to a major currency or a basket of currencies) is a more applicable modern concept than "backing" by any arbitrary precocious precious commodity.
http://en.wikipedia.org/wiki/Fixed_exchange_rate
12  Economy / Economics / Re: bad money drives out good on: February 14, 2011, 06:05:41 PM
I have always been told that a steady inflationary economy (steady decrease in purchasing power of local currency) is healthy because people do spend money, and a high velocity of money is a good thing.

Simplistically in a real world economy with a strengthening currency, domestic spending is relatively unaffected but people enjoy better quality of life as imports appear cheaper. Export though suffers.

In the Bitcoin economy it's has a strengthening currency but it's 100% import (purchase of goods/services valued solely in "foreign" currencies). Worse still, every citizen of this Bitcoin economy really still thinks in terms of those "foreign" currencies. Why spend today when one can get more tomorrow? People stop spending and velocity of money slows to a halt, which obviously is unhealthy.

Whilst the community is still driven by enthusiasts, we should make a point (perhaps economically irrational) to generate/use/convert BTC, and not hoard it. Or, at least set aside a tiny portion for "savings" purposes.
13  Bitcoin / Bitcoin Discussion / Re: Bitcoin in 15 Words for Laymen on: February 13, 2011, 09:35:31 PM
Mint your own coin - Bitcoin.
14  Bitcoin / Bitcoin Technical Support / Moving BTC between machines behind the same IP on: February 13, 2011, 01:56:10 PM
Since BTC remittance can be made to an IP as well as a hash address, how do I transfer coins between my own machines/wallets between the same public IP? Do I use the GUI with hash and not IP, or do I cut & paste some lines between the plaintext wallet files? I read somewhere that if the wallet file is compromised the BTC contained can be stolen. So how do I "steal" my own coins?
15  Other / Off-topic / Re: UK: got paypal? on: February 13, 2011, 11:10:47 AM
PM'ed you.
16  Local / 中文 (Chinese) / 中文 Chinese on: February 13, 2011, 09:41:46 AM
有中港澳台及海外華僑用家嗎?
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