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1581  Bitcoin / Bitcoin Discussion / Re: The Bitcoin Weekly Comes Alive on: May 29, 2011, 11:31:06 AM
http://bitcoinweekly.com/articles/the-wasted-electricity-objection-to-bitcoin-part-ii

An article about how much electricity does it cost to secure the bitcoin network.
1582  Bitcoin / Bitcoin Discussion / Re: Estimating/Visualizing total mining network power consumption? on: May 29, 2011, 11:30:08 AM
http://bitcoinweekly.com/articles/the-wasted-electricity-objection-to-bitcoin-part-ii

I believe Vitalik Buterin have an excellent article on this.
1583  Bitcoin / Bitcoin Discussion / Re: Overclockers Shutdown all Discussion of Bitcoin on: May 29, 2011, 10:54:44 AM

Yeah, I've heard that too, and it boggles my mind.  How can people say it's a scheme for the early adopters.. aren't ALL new businesses a "get rich" scheme for the early adopters?  Isn't that the reward for taking the chance on something!?  I hope Satoshi and the early adopters DO have their btc and make a buttload, they deserve the reward for the effort and taking a chance!

For my part, I am using Bitcoins because I can see both how simple yet robust Bitcoin is, and I WANT to be a part of it, to use it, to help it gain traction.  If that means other people get rich, good for them for finding and recognizing it before I did.  I hope to also make out when BTC hits $50 a pop, and my savings wallet is suddenly worth something.  But in the mean time, I will keep gambling on Betco.in, buying and using gift cards, trading with btc, getting my server and VPN with btc, and trying to stimulate the bitcoin economy because I think it should be used.

I believe it is called the "fairness" heuristic, but it is so wrong to apply the "fairness" heuristic to modern life. Some things need to be unequal for things to work.
1584  Economy / Marketplace / Re: Could we get an economy of freelancers doing mini- or microtasks going? on: May 29, 2011, 10:52:01 AM
Way back in March, the rate was 5 BTC per article, or $3.7 USD, and people were writing articles. Now, it's 1 BTC per article, or $8.1 USD, and people aren't writing nearly as much. Is this psychological?

Are you sure that's true? We need statistics to find out.
1585  Economy / Marketplace / Re: Fair Chance Nepal on: May 29, 2011, 10:50:09 AM
Suspiiiiiiiiiicious. Can you prove to us who you are?
1586  Bitcoin / Bitcoin Discussion / Re: Overclockers Shutdown all Discussion of Bitcoin on: May 29, 2011, 10:44:46 AM
Don't take it personally. Many people think bitcoin is somehow, a scam.
1587  Other / Obsolete (selling) / Re: Gamefly-like rental service. [Looking for investors] on: May 29, 2011, 04:47:48 AM
Here's an idea: develop games or help publish games.

Please do not develop yet another gambling site. We have enough of them.
1588  Economy / Marketplace / Re: I want to open a Bitcoin clothing shop; however, I need your help. on: May 29, 2011, 04:35:19 AM
It's very easy to get into.

And it's a competitive market as a result.
1589  Economy / Economics / Re: Is Namecoin a possible threat to the Bitcoin blockchain? on: May 29, 2011, 04:34:18 AM
For people who wants to know where namecoin came from and what problem does it try to solve: http://bitcoinweekly.com/articles/technological-jailbreak-bitcoin-to-namecoin
1590  Economy / Marketplace / Re: I want to open a Bitcoin clothing shop; however, I need your help. on: May 29, 2011, 04:21:10 AM
Why is the t-shirt market getting so crowded?
1591  Economy / Marketplace / Re: Could we get an economy of freelancers doing mini- or microtasks going? on: May 29, 2011, 04:19:39 AM

it's does not :-|
i mean, if i give my service of graphic design, as many others for example, there will be sufficient market, i mean, there's people with BTC how needs a graphic desing and will pay with BTC?

anyway, i drop the question in the air... the next thing is test my theory, in few months i'll mount my own business like freelancer, accepting only my national currency and Bitcoins.

You could work for me. I think an infographic would be a useful addition to my magazine.
1592  Bitcoin / Bitcoin Discussion / Re: Do I have the wrong attitude? on: May 29, 2011, 04:18:02 AM
If you want your investment to be safe, you need to integrate yourself within the bitcoin economy.

I disagree with this claim.

Let just say people who used the currency help make investor's currency actually worth something or sustain the investor's investment.

Sure, you can sit on your bitcoin...but don't cry when it die due to lack of economic activities.
1593  Bitcoin / Bitcoin Discussion / Re: Do I have the wrong attitude? on: May 29, 2011, 03:37:10 AM
If you want your investment to be safe, you need to integrate yourself within the bitcoin economy.
1594  Bitcoin / Bitcoin Discussion / Re: Illegal business over bitcoin on: May 29, 2011, 02:59:20 AM
\


I really agree with mostly everything that bitcoins concept says. I also know theres no such thing as a perfect system wher everything works alright, its just how nature is, crazy and disturbed people exist. But well, we cant ignore its flaws.
Bitcoin is good for doing illegal stuff without being noticed, this is completely true. The question is, are we willing to sacrifice this for a better money system that could really change the world in a lot of forms? Most of you answered me YES. Im still not sure, you may be right, but maybe not. I guess it will be hard to find someone here in this forum who thinks the opposite Tongue

There is a difference between doing illegal things and doing bad things. Bad things are just bad. Sometime good things become illegal.
1595  Economy / Marketplace / Re: Could we get an economy of freelancers doing mini- or microtasks going? on: May 29, 2011, 01:27:09 AM
Since you mentioned it, I thought these rates (1BTC for an article?) were much too low for me to consider the offer. I honestly didn't think you were serious.

My operation is very capital constrained and it will remain that way for the foreseeable feature.

Bitcoin Weekly is a shoe-string one man show.
1596  Economy / Marketplace / Re: Could we get an economy of freelancers doing mini- or microtasks going? on: May 29, 2011, 01:09:17 AM
I asked 2 BTC for tutorials on programming. Nobody takes it except one guy who successfully complete the task. I got another guy who promised to work on it but it will be a while.

I asked for people to write an article for me with payment of 1 BTC each. Often, they bailed out before I even get the chance to pay them. To date, I only have two-long term with two freelancers, one of which I turned into a staff writer.

I am one of the most reliable employer in the land but even I have a hard tough time finding people who is willing to work for me.

Perhaps the wages is too low for the market to bear.
1597  Bitcoin / Bitcoin Discussion / Re: Can't the deflation be a limit for BTC everyday usage? on: May 28, 2011, 10:52:39 PM
It's so frustrating that nearly everyone has been brainwashed and indoctrinated in public schools and through mainstream media where they just don't understand that monetary deflation != price deflation.

Or it's simply that economic is non-intuitive and easy to get wrong.
1598  Bitcoin / Bitcoin Discussion / Re: The Bitcoin Weekly Comes Alive on: May 28, 2011, 10:30:03 PM
http://www.bitcoinweekly.com/articles/technological-jailbreak-bitcoin-to-namecoin

New article. This time, written by me!
1599  Bitcoin / Bitcoin Discussion / Re: Bitcoin in perspective on: May 28, 2011, 09:02:15 PM
Democracy must have sounded like a crazy idea at one time too. Did that stop people from pursuing it, and succeeding, against the interests of the then-elite?

Nothing in this world is set in stone.

Democracy is a bad example.
1600  Bitcoin / Bitcoin Discussion / Re: Bitcoin v2.0 on: May 28, 2011, 07:55:30 PM
Why 2.0?

It's simple:

1. Ponzi scheme in current idea. Let's look 10 years afterwards. Everyone know bitcoin, everyone is exchanging his own money in country to BTC. What happens? BTC have value i.e. $10,000ea so last adopters will buy it for insane price, where early adopters will be able to build even their own country out of their BTC's? Sick. They did nothing to the society to have that workforce for nothing. Sorry - it's just ponzi scheme. I know they SHOULD have something for that, but 10% of the world's money is TOO much.
Solution (almost impossible):
Like in every country new money is introduced - everyone will need to exchange it in like a month or less. So this way if all people around the world (for example) have 21 bill $ then a guy with $1000 will get 1 BTC. Really good solution. BUT at first we need our current edition to spread around the world, the get people work with the idea etc. otherwise - it's completly impossible to get countries to work with this money just like that.

One of Bitcoin's great virtue is its sociological consideration. How are you going to build an economy when nobody see a benefit in promoting this currency?

If you have inflatecoin and somebody started bitcoin, guess who's going to win?
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