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361  Bitcoin / Development & Technical Discussion / Re: Deflation, Doomsday and the return of Lost Coins on: May 05, 2012, 01:55:59 AM
I do think there's a benefit though: not being able to know how much currency is in circulation isn't a good thing when you're relying on the rest of it to raise in value.  There's no need to return the coins to circulation, but voiding them after some time has advantages - it would let you know how large the money supply is, and it would allow old blockchain history to be dropped completely after the coins expire.  (The current pruning scheme often can't remove old blocks when some outputs are still unspent.)

The only reason anyone cares about how much is out there is because they are trying to manipulate the economy. The free market doesn't need to know the total amount of currency, and neither do the individual participants. They only need to know how much stuff they can trade the money they're holding for.

Its the politicians that care about things like M2 because it gives them a big knob they can turn to "fix" the economy. The big open secret is that for politicians, doing something - even if it is actually the wrong thing - is better for their career than doing nothing - even when that's exactly what they should do.
362  Economy / Service Discussion / Re: Anyone using BTC to buy Silver/Gold on Coinabul? on: May 05, 2012, 12:36:56 AM
I finally got my order today.... took 2 weeks..

I was thinking that a 5 gram bar would be bigger but damn! am I ever happy... kinda crappy that I lost almost 2 BTC in value over those 2 weeks... but w/e I GOT GOLD BAR!!!

If you think that's small, you should check out my gold cards. I sell half gram, tenth gram, and twentieth gram gold pieces.
Here's a pic of a half gram gold card:
(The design has been updated since then.)
363  Bitcoin / Bitcoin Discussion / Re: [ANNOUNCE] Bitcoin Counsel - Bitcoin business directory on: May 05, 2012, 12:28:39 AM
Added 3 that I could think of off the top of my head, including my own
364  Bitcoin / Bitcoin Discussion / Re: Porcupine Freedom Festival - Now Accepting BTC for Registration on: May 03, 2012, 04:23:12 PM
Pig pig sooie!

I'm sure Bardo will be roasting some of their pigs, but PorcFest is short for the Porcupine Freedom Festival. The Free State Project uses the porcupine as its mascot as it is a friendly creature as long as you don't mess with it, but if you do you'll pay for it.
365  Economy / Speculation / Re: Asteroid Mining and Precious Metal Prices on: April 28, 2012, 12:59:34 AM
As someone involved in the precious metals market I am watching these developments. However, they are many years away so I'm not too worried for the near future.

But if and when they do strike a major load, it will take time for it to be mined, processed, and integrated into the economy.
366  Bitcoin / Bitcoin Discussion / Re: George Selgin advocates Bitcoin AGAIN on: April 28, 2012, 12:18:07 AM
Now what I think he would like, judging from this video, is a currercy that is controlled in the same way as bitcoin (decentralized) but with a different algorithm. First he discredits a money supply where the inflation is predetermined. He prefers an algorithm that tracks GDP. Unfortunately he doesn't give any insights as how this should work technically. Here are my ideas:

I sounds to me like he wants the currency to remain stable in price, so if you have X units that can buy Y units of a basket of goods then in 20 years that same X units will buy that same Y units of the basket. That would make planning much simpler, for businesses and retirement. But it can't work. There's no way any central authority can possibly know enough to manage the money supply, no matter how much computer power it has.

The only way to manage a money supply is to not manage it at all - that is, to let the free market manage it via the interactions and choices of everyone.
367  Other / Off-topic / Re: Shipping Gold question on: April 27, 2012, 11:49:31 PM
I ship gold all the time in the U.S., and all over the world.

There are some restrictions, like UPS doesn't want to touch it and FedEx won't insure it.

And my gold cards are some of the smallest units out there (that is, you can get some gold for not a lot of BTC).
368  Economy / Gambling / Re: BitLotto raffle is 1 yr old! May 2 is a record breaker! Now over **310 BTC** on: April 27, 2012, 02:53:29 AM
I really don't know. I built mine myself and learned as I went. To be honest, you've probably got the skills to do it yourself as well. It will take some time to learn how to do it yourself, but I think it's well worth the effort. Forget about coming up with new schemes. Bitlotto is great as is. Now you just need to work on making it more appealing to people who visit your site for the first time. Right now, I'll bet there are a lot of people who don't spend more than two seconds on your site simply because it doesn't look professional enough.

But I really think you could fix that with Drupal or even Wordpress. Drupal is great even for non-blogs, whereas Wordpress is better suited for blogs. But I will say this: your site might not look like a blog, but it kind of is. Every month you get new content in the form of


Drupal would probably be most optimal, but I think it's more difficult to learn than Wordpress. But I could be wrong. I just felt it was more difficult because I learned Wordpress. But seriously, you need a Content Management System like Drupal or Wordpress. No need to make it difficult on yourself by building a whole website from scratch. Those days are over.

I dunno Seth, if you look at my portfolio of Drupal sites you can pretty easily tell which ones had someone else do the design.  Smiley

Shire Silver isn't too bad, and I did that one myself, but I do wish it was better. And I did get graphics help from DoomsDayDevice (AKA Puke).

But yes, you can probably get someone to make you a design and convert it to a Drupal Theme without too much trouble. Do it with the Omega theme and you can make it work nicely on mobile and tablet devices too.
369  Bitcoin / Bitcoin Discussion / Re: Hey you coders, check this out.. on: April 26, 2012, 11:23:15 PM
Suddenly, everyone already had the idea Grin

My thought originally was that we should get rid of files altogether. A hierarchical file system is pretty stupid IMHO. You essentially have to figure out how to categorize something when you create it, and it can only have that one category. Do you classify a song as "Rock", "Good for working out", "Fun driving music", "Guitar", or something else; because you have to choose only one! Screw that, put it in a database and let it have as many keywords as you want.

That, of course, led to why the heck not put code in a database, then break it down into the smallest reusable chunks.

But I'm so over being a coder. I'm working on being an entrepreneur these days.
370  Bitcoin / Bitcoin Discussion / Re: on: April 26, 2012, 11:17:07 PM
The first thing that came to mind for me is that its just like the tube thing they had in Max Headroom.

Just call me "Blank Shire"  Cool
371  Bitcoin / Bitcoin Discussion / Re: Hey you coders, check this out.. on: April 26, 2012, 10:52:13 PM
That really got my attention when in the video he mentioned that the smallest unit of code is the function, and not the file. I've been thinking that for a long time.
372  Economy / Marketplace / Re: Any interest in buying single silver U.S. dimes with BTC? on: April 22, 2012, 10:51:29 PM
I learned the hard way to always use tracking on shipping, which adds to the shipping cost. I know I've had a handful of orders I shipped where I actually took a small loss because the shipping ended up being more than I charge on really small orders.
373  Economy / Goods / Re: George's Famous Baklava on: April 22, 2012, 10:46:38 PM
Yeah, the chocolate baklava is damn good. But you should come to PorcFest and try the deep fried baklava he makes.
374  Bitcoin / Project Development / Re: GLBSE - request for next features on: April 14, 2012, 02:22:04 PM
I vote for making it look a bit more 'slick'. Looks a dogs dinner right now.
Go get a graphic designer on the case Smiley


I'm no designer, but the look of the site does affect people's opinion of the stability and professionalism of the business.

One thing that bugs me is the use of the red and green in the table. Maybe play around with different shade, like you can here:
Also, the black background on the non-trading assets is a bit jarring. Maybe change that to a dark blue-grey?

More pictures (relevant ones, not just for fluff) might help. Some icons, and maybe a little more padding on some places.
375  Economy / Gambling / Re: BitLotto raffle is 1 yr old! Apr 4 jackpot *280 BTC*! May 2 over 154 BTC so far! on: April 13, 2012, 01:25:48 AM
So if someone were to want to buy a ticket for the May 2nd drawing from an affiliate, say Daily Anarchist, they would send bitcoins to the address on the Verify page, right? So in the example they'd send it to 16F2N1GuQ9FhDo5b9eCxhyf9hbizQo6VXQ right?

Just wanting to make sure I did it right.
376  Bitcoin / Bitcoin Discussion / Re: Bitcoin and inherent value on: April 13, 2012, 12:14:29 AM
a milligram of gold could be traded easily as gold leaf encased in clear plastic the size and shape of a credit card.

Shire Silver already makes these. No idea if he accepts Bitcoin though.

Sorry to wake a sleeping thread, but there's news somewhat relevant to the thread. As of last week Shire Silver does now accept bitcoin using our shopping cart! (We did accept it on an ad-hoc basis before that, but it was too clunky.)

And we are a fan of letting currencies float against each other.
377  Other / Beginners & Help / Re: What do you want your BitCoins to buy? on: April 12, 2012, 11:50:52 PM
Its not legal to sell ammo online in the US is it? is one site that does, but not for bitcoins AFAIK.
378  Other / Beginners & Help / Re: What do you need a loan for? on: April 12, 2012, 09:12:03 PM
has anybody combined Bitcoin with the Kiva (micro loan) concept?
I've been wondering that too. Wish I had time to work on it myself.
379  Other / Beginners & Help / Re: What do you want your BitCoins to buy? on: April 12, 2012, 09:08:25 PM
380  Other / Beginners & Help / Re: Whitelist Requests (Want out of here?) on: April 12, 2012, 09:02:14 PM
I posted on the business whitelist thread, but might as well post here too. I know there's a handful of folks here that know me, a few personally.
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