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i always took the term short to mean that you were selling something you didn't have..
or in other words, a person selling BTC, even though he is "short" on the coins to do it...
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i believe the law on online gambling makes moving funds to the site illegal, not the actual games
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forgive my ignorance, but uh
what about bit torrent?
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Re-use addresses at your own risk.
which would be fine—if it were up to me—but the default client is more pushy than a banker and decides it wants to complicate my life for me gee, thanks, papa bitcoin here's a hint OP: the satoshi client has so many examples of horrible interface design that i'm getting red in the face just thinking about it try blockchain.info/wallet if i were a betting man, i'd say the satoshi client scares off at least 5 people for every 1 that sticks around, and that one still gets pissed off |
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if pirate was taking advantage of silkroad's coin tumbling, wouldn't SR dipping into their cold wallet for his withdrawals have the right timing?
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sorry to kick a horse when it's down, but no live blogging type coverage means bitcoin magazine did something wrong
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i don't understand the logic here very well
i think principle would tip the edge for taking a beating, rather than handing over money, since income is being crippled either way
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A week long bitcoin party in Thailand. Well, count me in.
yeah bitcoin doesn't have enough of an image problem as it is, lets get the human traffickers on board |
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a bit disappointed to see bitcoin sites hosted with godaddy, after the whole sopa thing
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If I lose the bet, you get 20BTC sent to that address (13dSK4663Ts7j2PwHS1eUVjycKLBwx7PJM). If you lose, you'll need to send 20BTC to my address.
for anything other than the better getting 20btc, wouldn't you have to be more explicit? (e.g., 20btc will be sent..; you get: 20btc sent to; etc.) |
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so, did we learn our lesson?
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OP, why don't you just visit 4chan.org.
Go to /b/, that's the official channel for bitcoin experts. Follow their advice.
i'm guessing i don't want to see pictures of OP with a sharpie in his butt but, maybe |
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i hope this wasn't some sick way to fizzle out the last remaining torch & pitchfork mentality away from pirate's victims
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i don't see how this is anything other than a cute publicity stunt, or anywhere near as damaging to a business as a garish dick swinging contest
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What ? Unlike insurance, we actually repay our depth and the help you can expect depends exactly on your ability to do so, I would not call it pity or charity at all. It is a simple business deal that relay's on common sense and does not rely on a system open to abuse or leaches.
Charity is exactly the word for what you're describing. I think I would be grateful, but also stubbornly unable to accept others pay for my "ignorance, negligence or bad luck"--or at least I'd feel like I owed these people more than I could possibly repay-- and I would certainly not expect or rely on it to.. insure.. customer assets. |
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Bitcoin does not have a central bank capable of printing and lending bitcoins; it has an "algorithm" which through some convoluted mechanism allows bitcoins to be "mined". well this early sentence set off alarm bells for me, putting algorithm in quotes really seems disingenuous and condescending to computer scientists and mathmeticians As a quick thought experiment, let's say demand for bitcoins grew as more people found out about them. Well, you'd expect the price of Bitcoin in dollars to grow rapidly. Now assume I own one bitcoin. I also have a dollar bill. I would like to purchase a Pepsi. Which one of those will I spend? Obviously the devaluing dollar gets spent before the skyrocketing bitcoin.
In the best case scenario [the one where it becomes popular] the limited supply of bitcoins will cause crippling deflation, drying up most Bitcoin-denominated commerce save whatever speculative buying and selling happens on exchanges. Some new world order. All that transparency and all those low interchange fees aren't going to do you much good if you don't ever want to spend these things and no one wants to give them to you anyway. i don't follow, is the premise that it makes buying things you don't need/living within your means more intuitive, and that's destructive to the economy? i think extreme language masks whatever point is trying to be made As a result, my ability to turn a bitcoin into a dollar or a euro or a yen is no greater than my ability to sell my laptop on eBay. I can probably do it, but that doesn't mean I'm going to start measuring my bank account in MacBook Pros, because one day I might not be able to find a buyer, and then what?
Because of this, Bitcoin is not really a currency, it's an asset [and a particularly useless one at that].
i'm not sure what's up with the brackets, but that quote is unchanged. he's saying bitcoin has ever increasing demand, and then compares it's sell-ability with something that devalues massively year over year? i agree that MacBook Pros are an unappealing asset if you're measuring their value by sell-ability (only)—i think apple tries to unload them pretty quickly—but i'm not sure what that has to do with bitcoin i thought i wouldn't ever want to sell my bitcoin, anyway Bitcoin (and really, any e-currency) is inherently unstable. And with currency, stability is everything. maybe, but i don't think his evidence leading to this point makes a ton of sense and i'm too tired to dig through the extreme language to find what is actually being said |
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Insurance is just a way to get other people to pay for your ignorance, negligence or bad luck ... in the end someone will have to pay for the lost value. I for one don't wane pay for other's ignorance or negligence. As for bad luck, shit happens learn how to deal with it, for true bad luck you can usually count on the community/people around you ... if you can't your probably doing something wrong to start with.
So no thx, I'l pass.
There is no need for any kind of insurance scam.
Sounds like a solid contingency plan to me: don't worry these things, my mom will hug me , ow yha it's not leaching sins every one singed up on it, including the insiders (people) that will try to get value out of the system for what ever scheme they can come up with. As for the 'mom' reference, grow up. If my house burns down I'm sure the people in this small town will provide everything I need to build a new one and we will deal with payments/reimbursement lateri think the bolded parts are a contradiction isn't it more like you'd be accepting the reality that absolutely terrible things can happen, and willing to pay for a service that will smooth out the bumps, instead of relying on pity? i think i have some kind of independence complex though, and i would rather hedge risks rather than accept charity after a catastrophe |
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Insurance is just a way to get other people to pay for your ignorance, negligence or bad luck ... in the end someone will have to pay for the lost value. I for one don't wane pay for other's ignorance or negligence. As for bad luck, shit happens learn how to deal with it, for true bad luck you can usually count on the community/people around you ... if you can't your probably doing something wrong to start with.
So no thx, I'l pass.
There is no need for any kind of insurance scam.
Sounds like a solid contingency plan to me: don't worry these things, my mom will hug me |
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