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22201  Other / Beginners & Help / Re: Choosing Your Anti-Virus Software on: December 16, 2013, 11:59:41 AM
I am using avast! and I have been pretty satisfied with it.

I am using Kasper. I think that they are the no.1 anti-virus available. And pretty affordable as well.
22202  Bitcoin / Bitcoin Discussion / Re: How much btc was cheated off you before? on: December 16, 2013, 11:56:41 AM
My BTCT shares were transfered to Havelock.. Did they keep everyone's BTC?

Nope. I owned shares of BTCT-PT and Litecoinglobal (i.e the shares of the exchanges themselves). These shares were not transferred to anywhere.
22203  Bitcoin / Bitcoin Discussion / Re: Bitcoin wealth distribution on: December 16, 2013, 11:54:12 AM
So 75% of all the coins is owned by less than 11.000 individuals and 5% lost?

Hell people flocked to it and didn't stop to think that bitcoins value is in transaction usability. If it doesn't get moving its not worth anyithing. Or to rephrase it its is only worth something until the first whale decides to reinvest and dumps his 100.000 coins.

From what I've heard, only one individual (Satoshi ?) is having more than 100 K coins. There is another wallet which is tagged "DPR seized coins", but some people are saying that it actually belongs to BTC-E.
22204  Bitcoin / Press / Re: [2013-12-15] CoinDesk: Barclays Bank Takes Deposits For New UK BTC Exchange on: December 16, 2013, 11:51:41 AM
What is your point? We were talking about banks taking on bitcoin "exchanges" as customers. Several have been closed already. Fact.

How on earth do you know how many $10K deposits are made at BTC-E or MtGox? You can't possibly know that from watching "trading". The two are completely separate, you do realise that don't you?

I was talking about the average trade volume. To cross the 10K mark, one should trade ~11 BTCs. I was talking about normal people (not day-traders) who purchase all their BTCs in a single trade.

And there are only around 60,000 people who own more than 10 BTCs.
22205  Bitcoin / Press / Re: [2013-12-11] CNN: Can Bitcoin replace PayPal? on: December 16, 2013, 11:47:59 AM
Ask this the guy who just spent 18k$ as transaction fees for 0.5BTC

It was his own mistake. He was using a brain wallet, and by default the remaining portion of the 0.05 BTC was converted to transaction fee. This fee was divided by 400+ pool members, although a few were honest enough to give them back.

https://blockchain.info/tx/a2d1e19331f4ea274079c94382560bbb4f32165ed647a33adad651a604e7caa2
22206  Other / Politics & Society / Re: Switzerland to vote on $2,800 monthly ‘basic income’ for adults on: December 16, 2013, 09:48:43 AM
You make 10 million a year and you got to work because unless you go , you're gonna end up losing them.
If you would be be making 10 millions but the state is taking 9.8 to give it to the idiot next door , why should you even bother?

Rather than stop working, I'd pack my bags and move to some saner country. Just like what Gerard Depardieu did after Hollande raised taxes to 75%.  Grin
22207  Other / Politics & Society / Re: Israel running inhumane treatment to the Palestinian. on: December 16, 2013, 09:44:31 AM
Well we Jews have one other "state"  its rather nice.

Stalin held intense and deep hatred for the jews. That's why he created the Autonomous district (not even a province) of Birobidzhan. He hoped that all the Jews of Moscow and Ukraine will migrate to that wasteland, which is full of swamps and taiga. To his surprise, only about 5,000 Jews actually moved to the district (0.3% of the Soviet Jewish population).

It's adorable that someone defending the actions of a criminal apartheid state in flagrant violation of UN Resolutions for decades that has an official policy of de-facto ethnic cleansing somehow finds some convoluted way to act like a victim!


I condemn the apartheid practices done by Israel. But the Israeli treatment of their minorities are much much better than the treatment of indigenous minorities by Muslim Arab nations such as Egypt and Iraq. Is there a single Muslim nation in the world which treats the minorities fairly?

Also , I wonder what would they choose now : Madagascar , Uganda or Alaska Smiley.

Madagascar and Uganda - no. Jews will be a tiny minority. Women in Uganda have an average of 7 children. I don't think the Jews will migrate there unless they can compete with the Ugandans demographically.  Grin

Alaska.... well Alaska will be much better under the Russian rule. Give Alaska back to Russia. The Russians are still cursing Alexander II for his bloody mistake. At that time he was so high on crystal meth that he decided to give away 70 million hectares of land for just a few bucks.
22208  Bitcoin / Press / Re: 2013-12-15 Bloomberg - Bitcoins Fail Real Money Test In Scandanavia's Wealthiest on: December 16, 2013, 09:33:54 AM
The big problem is that they are calling bitcoins a service, and also talks about adding the Norwegian equivalent of value added tax. They don't clarify what this means, and worst case it means that sellers of bitcoins with a turnover of more than NOK 50 000 will have to add 25% tax to the sum (because they would be selling a service). It is of course ridiculous if this is correct, but unfortunately that hasn't stopped them before.

So if I want to buy Bitcoins worth $1,000 I will have to pay some $1,250 (1,000+ 25%) ?

That is definitely ridiculous. The Norwegian parliamentarians has gone nuts.
22209  Bitcoin / Bitcoin Discussion / Re: Bitcoin Denominations / Re-Denomination on: December 16, 2013, 09:30:44 AM
1,000 mBTC = 1 BTC = 1 XBT.

mBTC is pronounced "embit" and 1,000 mBTC is pronounced "one thousand embits". Currently, one embit is worth about one dollar.

Problem solved.

"embit" is such an ugly name. I don't want to use that. There was a proposal to use the term "Gox". Sounds great.
22210  Bitcoin / Bitcoin Discussion / Re: Jeremy Hansen in Vermont accepting political donations via Bitcoin on: December 16, 2013, 09:27:32 AM
That is another first for the Bitcoin. I don't care whether he is having any chance of winning the elections or not. I'll donate at least 0.01 BTC for this bold step.
22211  Bitcoin / Bitcoin Discussion / Re: Bitcoin wealth distribution on: December 16, 2013, 09:13:10 AM
Probably this:
https://bitcointalk.org/index.php?topic=316297.0

Pure speculation. Proven wrong when the feds collected the bitcoins from multiple addresses.

Yes. I found it quite reliable. And rpietila is  a reputed member here, with lots of experience.
22212  Bitcoin / Bitcoin Discussion / Re: When $1 was exchanged for 1,300 bitcoins, Why was this done at the time? on: December 16, 2013, 09:10:35 AM
Well,as some of you said sometimes you buy just for the fun ot to see what will happen.I believe this was the case here,as well.

But then the Ebay seller was asking more than $450 for 6,000 coins. At that time, the going rate was less than $5 for the same.
22213  Other / Beginners & Help / Re: Cheap Bitcoins on: December 16, 2013, 08:13:56 AM
Remember. This thread is the first and the only post by the OP so far. And the link he is trying to promote is currently taken down.
22214  Bitcoin / Bitcoin Discussion / Re: When $1 was exchanged for 1,300 bitcoins, Why was this done at the time? on: December 16, 2013, 08:11:10 AM
Bitcoins didn't exist in February 2009.

No. It did. The first coin was mined sometime in January 2009.
22215  Bitcoin / Bitcoin Discussion / Re: JPMorgan's "Bitcoin-Alternative" Patent Rejected on: December 16, 2013, 08:08:57 AM
That is terrific news. However, the fight is far from over. Greedy bankers (esp. JP Morgan) can go to any extent to prevent Bitcoin becoming mainstream.
22216  Bitcoin / Bitcoin Discussion / Re: Bitcoin wealth distribution on: December 16, 2013, 08:05:55 AM
source/proof ?

There is a detailed thread somewhere in Bitcointalk. Right now I can't find it. The OP used some kind of reliable methodology to tag wallets owned by the same individual.
22217  Other / Politics & Society / Re: Meanwhile in Ukraine... Revolution. on: December 16, 2013, 08:02:54 AM
Amazing fact I discovered while browsing around , Kazakhstan is top 8 in wheat exports. Smiley. Speaking of laziness.

Kazakhstan (similar to Ukraine) was once considered as the bread basket of the USSR. Agriculture is mostly developed in the Northern and Eastern regions, which once had a majority of Russians, Ukrainians and Germans (these regions originally belonged to Russia, but Stalin forcibly merged them with Kazakhstan in order to create ethnic Russian majority). The Muslim Kazakhs lived mostly in the Southern and Western parts, depending on dairy farming.

When Kazakhstan became independent in 1991, the whites began to leave the nation because of racial prejudice. The number of Russians and Ukrainians have reduced by more than half, while more than 90% of the Germans have emigrated. Kazakhs are not interested in agriculture and most of the grain farms are now lying barren and fallow.

The Germans were Kazakhstan's best farmers. There were around 1 million of them until 1991 in North Kazakhstan.
22218  Bitcoin / Press / Re: 2013-12-15 Bloomberg - Bitcoins Fail Real Money Test In Scandanavia's Wealthiest on: December 16, 2013, 07:55:22 AM
Norway will instead treat Bitcoins as an asset and charge a capital gains tax, after Germany in August said it will impose a levy on the virtual currency.

sounds ok for me.

Capital gains tax in Norway is around 35%. It is way too high, compared to that in Germany. I don't think that BTC owners are happy with this in Norway.
22219  Bitcoin / Bitcoin Discussion / Re: Oops - 20BTC fee paid on .05 transaction? on: December 16, 2013, 07:51:58 AM
When you spend from a brainwallet, you must spend ALL your funds. The difference goes into the fee.

Too bad for him.... 20 BTC is 18,000 USD at today's rate. 
22220  Bitcoin / Bitcoin Discussion / Re: Bitcoin wealth distribution on: December 16, 2013, 07:48:17 AM
still?  is this current or a bit outdated?

It is just 2 weeks old. So there should not be any major changes.

I would say less than 47.
Highly probable some of the top 100 addresses are from the same wallet.

No. It is not the number of wallets. It is the number of people. 
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