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1261  Alternate cryptocurrencies / Altcoin Discussion / Re: What exactly is wrong with LTC? on: February 11, 2013, 10:57:27 PM
I've got nothing against LTC, and I like alternative cryptocurrencies and wish them well.  I don't see any value added by trying to make a coin "GPU-mining resistant," so given that that seemed to be one of the LTC design goals I wasn't as interested as I might have been.
1262  Economy / Economics / Re: How economy grow with a deflationary currency? on: February 11, 2013, 10:42:49 PM
This made me going back to look up the difference between saving and hoarding:
 
   http://www.wisegeek.com/what-is-the-difference-between-saving-and-hoarding-money.htm

Saving: Accumulating money for the purpose of spending it on something planned.

Hoarding: Accumulating for the sake of having more money.

Well, it turns out I am a hoarder, and at least I admit it.




Don't ever save money for an unplanned rainy day, then.  That would be hoarding, not saving.  Maybe we can fix that in the bitcoin protocol somewhere.
1263  Economy / Economics / Re: Bitcoin: is geographic segregation an inevitable conclusion? on: February 11, 2013, 05:40:41 PM
I think it was probably one where they are having problems with Japan not buying as much American product as Americans were buying of Japanese products.

I can't get behind the "we" in that thinking, the collectivism.

If the exchanges are free and voluntary, they obviously benefit both participants.  If somebody wants to define an aggregate and somehow claim that the free and voluntary exchanges are hurting the aggregate, that still doesn't impose any moral obligation on the individuals participating in the exchanges.  The exchanges are their own business; the individuals involved do not exist to benefit the aggregate.
1264  Other / Beginners & Help / Re: So.... How do 'newbies' build rep? on: February 11, 2013, 02:59:53 AM
I'm looking to buy some LTC and BTC and it's like pulling teeth!

Don't try to buy from individuals.  Use an exchange or a service.

coinbase.com
bitinstant.com
mtgox.com

You will have to jump through some hoops.  It is important that you jump through them, especially if you are concerned about building trust and a reputation.
1265  Economy / Economics / Re: Bitcoin: is geographic segregation an inevitable conclusion? on: February 11, 2013, 01:40:09 AM
In some Clancy novel his heroes talk about trade being trade, as in if you want us to buy millions of (currency units) of goods from you then we expect you to buy an equivalent number of currency units from us.

What is this "we" business?
1266  Bitcoin / Bitcoin Discussion / Re: What items, not readily available, would you like to see offered for Bitcoin? on: February 10, 2013, 02:54:07 AM
I want to be able to buy candy bars, sodas, and Chinese food with 'coin. Smiley
1267  Economy / Services / Re: Proxy to order Dominos Pizza with BTC on: February 10, 2013, 02:06:33 AM
Great job, guys: you made the news:

http://mashable.com/2013/02/06/pizza-bitcoins/

(It was first on my Google news page.)

It was first?! Holy hell haha

To be fair, my Google news page might be customized in ways that are not common across the general population.

But it was big news to me!  Congratulations!

Thanks very much! We didn't even plan that article being written about our site. Even at the bottom it said we hadn't responded yet for comment haha. He's doing a followup with us this weekend and he has all sorts of questions for us. Should be interesting... it's our first interview EVER haha

I'll be looking forward to seeing more coverage.

I've also noticed you're being discussed in the non-English sections of this forum.
1268  Economy / Economics / Re: Bitcoin: is geographic segregation an inevitable conclusion? on: February 10, 2013, 01:44:37 AM
Cubans could possibly lose a large chunk of their produce to Floridians,

Selling something is a gain, not a loss.

I can't see why this would be any sort of a problem.  I can see why a government might make it out to be a problem.  After all, they gain their power from "solving" such "problems."  But my grocer has never mourned the "loss" of the produce that he sells to me, and neither would Cubans or Martians or whatever.

Quote
effectively paying a debt they should never have owed.

Working profitably is just about the exact opposite of paying a debt.
1269  Economy / Economics / Re: Bitcoin: is geographic segregation an inevitable conclusion? on: February 10, 2013, 01:37:17 AM
My grocer exports far more groceries to me than I export to him.  He's winding up with all my USD.
1270  Economy / Goods / Re: Which goods would you like to be made available for sale via btc and lc? on: February 09, 2013, 09:38:10 PM
I want to be able to buy candy bars with bitcoin.
1271  Alternate cryptocurrencies / Altcoin Discussion / Re: Free Terracoins just post your wallet! on: February 09, 2013, 03:39:03 PM
Thanks!
1272  Alternate cryptocurrencies / Altcoin Discussion / Re: Free Terracoins just post your wallet! on: February 09, 2013, 02:16:32 AM
Giving out 2 terracoins per person that posts their wallet. Have a lot of them atm so I will try to keep this faucet open for a while =].

Thanks!

1AH6pa6e5qnW2N5AmrnnN8Q5yhNWniJjBJ
1273  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANN] www.terrawallet.com - Big update! New Design, Cold Storage! - Still BETA!! on: February 09, 2013, 02:13:08 AM
Ran some Terracoins in and out of terrawallet.com today, and I had no problems to speak of.  The site looks slick, and it's nice to see how fast the Terracoin confirmations come in.  There were a couple glitches where the various pages seemed a little confused about what state we were in. I'm sorry I didn't get any notes as to specifics, but if I see them again and they are reproducible I'll report them.  Nothing hampered the main functionality of the site.
1274  Bitcoin / Bitcoin Discussion / Re: BitcoinWireless.com - 280 carriers in 112 countries, Bitcoin with no fees! on: February 09, 2013, 12:02:44 AM
Wonderful!  I will be trying this soon.
1275  Economy / Goods / Re: Which goods would you like to be made available for sale via btc and lc? on: February 08, 2013, 09:34:44 PM
I want to buy Chinese food with Bitcoin.
1276  Other / Beginners & Help / Re: I could not answer this BTC security question on: February 08, 2013, 08:44:23 PM
my friend asked me "so, I send you a coin from my BTC account, and you get it and it is verified... but between the time I send it, and you verify it, what is stopping me from sending a copy of that coin elsewhere?".  This assumes a user could hack the wallet and make a duplicate coin, which I have no idea how possible that would be (what DOES prevent me from hacking my wallet?)

Can someone share with me what the correct answer to that question  is?


Thanks


What stops him is that the network is constantly communicating and minting new blocks to record transactions.  One transaction will make it into a block, the other will be rejected as an invalid double spend by any node that possesses that block.
1277  Economy / Speculation / Re: BTC prise isnt rising! USD is loosing value, thats all! on: February 08, 2013, 08:15:46 PM
You are saying "bitcoin is not acting like money," but I am hearing "hundred dollar bills are not acting like twenty dollar bills" or "gold ounces are not acting like silver grams."
1278  Bitcoin / Bitcoin Discussion / Re: Bitcoin Foundation on: February 08, 2013, 08:04:18 PM
What I am *still* worried about a bit though is the fact that in order to join you need to pay a large membership fee, and if you don't, you can't vote on what they do on behalf of Bitcoin.

Of course not.  Why would people get to vote on how to spend other people's money?  I haven't given the Bitcoin Foundation any money, and I don't expect to get any say in what they do.

Quote
I guess that's not any more of a threat of Bitcoin Magazine posting something bitcoiners don't agree with either though, so I guess that's not something worth arguing.

Exactly!
1279  Economy / Speculation / Re: BTC prise isnt rising! USD is loosing value, thats all! on: February 08, 2013, 07:56:58 PM
Well seeing that i sold 125k of boat parts last year I dont think that is the problem. Sorry i cant sell weed on the SR. My products are in demand they sell in dollars. The problem is the coin isnt acting like money.

And it won't until enough people like you offer things that people are willing to trade bitcoins for.
1280  Bitcoin / Bitcoin Discussion / Re: Bitcoin Foundation on: February 08, 2013, 07:50:49 PM
Anybody can fork the Satoshi client or create a compatible client, and in fact several forks and compatible clients exist.

But think of this Satoshi Client is the only full node there is no other node that is a full node, they have a monopoly on that client.

https://help.github.com/articles/fork-a-repo
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