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5461  Bitcoin / Project Development / Re: Letter to the EFF on: October 02, 2010, 05:15:01 AM
We could always pick another recipient. I vote for Stephan Molyneux.

While he is not the eff he is the pre-eminent liberty philosopher of our time.

I would prefer not to waste the donations of everyone here in the community. The donation was already sent. At the very least, the EFF would liquidate the coins.
5462  Bitcoin / Project Development / Re: Letter to the EFF on: October 02, 2010, 04:41:04 AM
The fact is, if we don't get a response within the next week ... or 2 weeks at the most ... I mean, at some point we need to follow up, right?

I just need to figure out what to ask.


Hi, did you managed to get control of the mybitcoin account?

Makes sense. What do you say -- wait 1 week and then ask?

Apparently I'm incapable of making an independent decision.

Have we not wait two weeks already?
5463  Bitcoin / Project Development / Re: Letter to the EFF on: October 01, 2010, 09:47:06 PM
.
I'd say they rejected the donation. (Probably because they are busy eating and drinking with politicians.)

I am going to go with the optimistic hypothesis that they got bigger fish to fry than try to exchange bitcoins for paypal dollars.

With the famousness that they have with geeks, it wouldn't be surprising that they simply forgot our email.

Even if no money was attached it is pretty lame for a company claiming to be fighting for freedom to not be interested in a money that can be used freely.

You mean, uh, charity.
5464  Economy / Economics / Re: Stable Exchange Rate? on: October 01, 2010, 08:47:04 PM
34209.3 bitcoins lot.
5465  Bitcoin / Project Development / Re: Letter to the EFF on: October 01, 2010, 08:41:12 PM
The fact is, if we don't get a response within the next week ... or 2 weeks at the most ... I mean, at some point we need to follow up, right?

I just need to figure out what to ask.


Hi, did you managed to get control of the mybitcoin account?
5466  Economy / Marketplace / Re: The Niche List on: October 01, 2010, 08:39:48 PM
Any more services and goods you want to see fulfilled? Is anybody working on any of the wanted niches?
5467  Economy / Economics / Re: Stable Exchange Rate? on: October 01, 2010, 08:35:25 PM
agree that it won't last forever.

We will get a breakout soon. IMO it will be on the upside. But clearly, downside is also possible.
if we could trade options, a strangle would work brilliantly in this point, because volatility is so low.

Volatility is only low because volume is low.  Volatility will go through the roof the instant we get any amount of volume.


Volume used to be lower and volatility was higher, this is what I would expect. Why do you think the opposite? Something to do with bitcoin in particular?

No, just comparing relative to just about any other global market Smiley  The average bitcoin USD-equivalent daily transaction volume (150000 BTC * 0.07 USD, rounding up generously) is less than $10,000/day.  That's all bitcoin transactions, including maintenance transactions such as moving bitcoins from one wallet to another.  Even compared to the smallest pink sheet stock, BTC dollar volume is tiny.

That's a drop in the bucket, for anyone who calls themselves an investor Smiley

I consider the current BTC volume quite low.  Market prices would be easy to manipulate, as its current, tiny, size.

A guy brought lot of bitcoins on mtgox and it didn't exactly goes as planned.
5468  Bitcoin / Bitcoin Discussion / Re: The one thing cash can do that bitcoin cant..... on: October 01, 2010, 07:00:44 PM
Just print your printed bitcoins on nice looking paper?

http://bitcointalk.org/index.php?topic=737.0


Hmm.. I just thought of...

You could steal bitcoin by copying them and then spending them. However, if the owner spend it first, you're out of luck.

And therein lies the problem with printing bitcoins.

The flip side is that the counterfeiter/thief? cannot inflate the economy with bitcoin cash copies.
5469  Economy / Economics / Re: Stable Exchange Rate? on: October 01, 2010, 05:49:37 PM
agree that it won't last forever.

We will get a breakout soon. IMO it will be on the upside. But clearly, downside is also possible.
if we could trade options, a strangle would work brilliantly in this point, because volatility is so low.

Volatility is only low because volume is low.  Volatility will go through the roof the instant we get any amount of volume.


So 10,000 of bitcoin getting sold no longer have a great effect on the volatility of bitcoins?
5470  Economy / Economics / Re: Stable Exchange Rate? on: October 01, 2010, 04:59:41 PM
So we are one month into an astonishing stable exchange rate period despite high inflation rate.

But we all know that stability cannot last forever....
5471  Bitcoin / Bitcoin Discussion / Re: The one thing cash can do that bitcoin cant..... on: October 01, 2010, 04:55:29 PM
Just print your printed bitcoins on nice looking paper?

http://bitcointalk.org/index.php?topic=737.0


Hmm.. I just thought of...

You could steal bitcoin by copying them and then spending them. However, if the owner spend it first, you're out of luck.
5472  Economy / Marketplace / Re: We accept Bitcoins on: October 01, 2010, 03:58:28 PM
First adult site to accept Bitcoins. (It has a 18+ warning page on it.)

http://www.bitcoinxxx.com/

Bitcoin XXX - Amateur Video Downloads! 100% Anonymous!

Oh my. Porn.  Wink
5473  Bitcoin / Project Development / Re: Letter to the EFF on: October 01, 2010, 03:50:41 PM
.
I'd say they rejected the donation. (Probably because they are busy eating and drinking with politicians.)

I am going to go with the optimistic hypothesis that they got bigger fish to fry than try to exchange bitcoins for paypal dollars.

With the famousness that they have with geeks, it wouldn't be surprising that they simply forgot our email.
5474  Bitcoin / Bitcoin Discussion / Re: How to overthrow the GPU Oligarchs on: October 01, 2010, 03:47:09 PM
This is a non-issue. Nothing to see here, keep moving.
5475  Bitcoin / Project Development / Re: Letter to the EFF on: October 01, 2010, 04:42:26 AM
You should remove the account info for the bitcoin account as soon as possible.
5476  Bitcoin / Project Development / Re: Letter to the EFF on: October 01, 2010, 01:44:39 AM
Perhaps the next step is to ask if they have access to the account or need help.

You could ask them if they would like to receive more bitcoin? Thus leading to the question if they will put up a donation box.
5477  Bitcoin / Bitcoin Discussion / Re: Banker Interested in Bitcoin, Wants to talk with Satoshi on: September 30, 2010, 02:48:45 PM
i want to read blog can not find the bitcoin blogger plz help.

No offense, but you sound spammy.
5478  Bitcoin / Project Development / Re: Letter to the EFF on: September 30, 2010, 02:56:11 AM
Should I follow up with the EFF? What do I ask?

Indeed...what to do.

Unfortunately, I lack facilities in learning and discovering social norms.[1]


----
1. That's a bit of an exaggeration. Let just say that I have asperger syndrome and I am slow to catch on as far as the social game goes.
5479  Bitcoin / Bitcoin Discussion / Re: Banker Interested in Bitcoin, Wants to talk with Satoshi on: September 30, 2010, 02:54:49 AM
  Do you think bankers understand a decentralised currency ?

It would be nice if at least one bank offered credit cards you could fill up with bitcoins. Smiley



I thought bankers are superconservative folks that would never go near something like bitcoins. Of course, I was wrong.
5480  Bitcoin / Project Development / Re: Letter to the EFF on: September 29, 2010, 04:29:07 PM
news?

We need news!
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