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841  Other / Off-topic / Re: Post your pic! on: November 30, 2013, 07:48:29 AM


Here's a pic of me; I got into it rough with this Ironman cosplayer but he got what was coming to him.
842  Other / Off-topic / Re: FewOf You Have Yet Figured It Out on: November 30, 2013, 07:19:08 AM
What does 2¢ get these days?

It used to be a penny for your thoughts, but inflation and all, y'know.
843  Other / Off-topic / Re: The word Bitcoin wrong according to the automatic forum spell checker. on: November 30, 2013, 07:13:36 AM
It's a part of your browser; add it to your browser's dictionary by right-clicking the underlined word.
844  Other / Beginners & Help / Re: What is best bitcoin wallet for secure lightweight instalation? on: November 30, 2013, 06:09:47 AM
Electrum wallet.
Its user friendly,lightweight and doesnt requires java like multibit.

I second electrum; it hasn't failed me yet.
845  Bitcoin / Bitcoin Discussion / Re: China telecom accepts bitcoins now, the race is on! on: November 30, 2013, 04:23:41 AM
846  Economy / Speculation / Re: Final Price of bitcoin to stabilize at? on: November 30, 2013, 04:13:45 AM
Finally? Everything finally ends up at $0.

I'm curious if this also applies to gold Shocked

Here's the answer.

Revelation 18:11-13

King James Version (KJV)

11 And the merchants of the earth shall weep and mourn over her; for no man buyeth their merchandise any more:

12 The merchandise of gold, and silver, and precious stones, and of pearls, and fine linen, and purple, and silk, and scarlet, and all thyine wood, and all manner vessels of ivory, and all manner vessels of most precious wood, and of brass, and iron, and marble,

13 And cinnamon, and odours, and ointments, and frankincense, and wine, and oil, and fine flour, and wheat, and beasts, and sheep, and horses, and chariots, and slaves, and souls of men.

In other words, once humanity ends Tongue
847  Other / Beginners & Help / Re: BitCoin as tulips (?) on: November 30, 2013, 01:54:01 AM
What exactly is a tulip refering to?!

https://en.wikipedia.org/wiki/Tulip_mania
848  Economy / Speculation / Re: Final Price of bitcoin to stabilize at? on: November 30, 2013, 12:20:39 AM
Finally? Everything finally ends up at $0.

I'm curious if this also applies to gold Shocked
849  Bitcoin / Bitcoin Discussion / Re: Reply from Wikipedia: "Currently 'monitoring bitcoin with interest'" on: November 30, 2013, 12:18:10 AM
For people who need money badly, they sure do hate money.
850  Other / Beginners & Help / Re: BitCoin as tulips (?) on: November 30, 2013, 12:17:10 AM
One of these things is not like the others!



One of these things just doesn't belong!
851  Other / Politics & Society / Re: Living wage and Bitcoin on: November 30, 2013, 12:07:19 AM
It works like this:

Without a vehicle to siphon wealth away from the individual and to the collective (i.e. hyperinflating fiat currencies), accomplished by using such monies like precious metals or bitcoin (not their redeemable paper counterparts but the actual items), and without a system that guarantees the top of the pyramid will always take more wealth from the working bottom, the individual retains the value of all his work done, and when coupled with machines that make the individual's job easier, he generates more energy than he expends, thus making his life more and more comfortable.

There is way too much intellectual power wasted trying to circumvent this core issue.  It's as simple as seeing it as it is: the working man can easily pay for himself and his family, as technology has improved so vastly that a minimal amount of effort can produce a lot of energy, but he cannot pay for everyone else and their families; eventually you run out of other people's money and everyone is poor again, wondering how we solve the problem of attaining a living wage.  Those who take from the working man are the reason why the working man either cannot pay his way or cannot find work at all, and thus becomes another parasite.

The solution to the living wage problem is simple, but difficult to accept: all we must do is refuse to participate in parasitical relationships, whether directly or abstractly, i.e. state welfare or business hierarchies.  Take ownership of your person and your time; let none profit from you, but instead opt to profit together.  Until we face the elephant in the room, all we'll do is skirt around the issue, forever stuck in an endless loop of sophistry, e.g. "This system has these advantages but also has these disadvantages"; the reason why no solution seems viable is because we've got the metaphorical planet Earth at the center of the solar system, so of course we have to go through extreme, complicated lengths to make it function, just to realize later that it inevitably doesn't.

The solution becomes evident once a deep understanding is made about why someone who works 8+ hours daily is having trouble with just his house payment, while someone who does not work at all can make anywhere from the same amount or more, or even far more than that, merely by claiming ownership over arbitrary lengths of land within arbitrary lengths of land and of all the profits made upon it.  The first step toward solving a problem is to see that there is a problem, and the problem of substandard living wages is but a subset of a much larger problem: sanctioned violence, enabling the theft of man's time and energy, which is itself a child of the parent problem; as Socrates put it:

Quote from: Socrates
There is only one good, knowledge, and one evil, ignorance.
852  Bitcoin / Press / Re: 2013-11-28 Guardian: Is Bitcoin a Weapon of Mass Economic Destruction? on: November 29, 2013, 07:09:58 PM
inb4 domestic drone strikes of suspected economic terrorists
853  Other / Off-topic / Re: Is Satoshi Jesus? on: November 29, 2013, 08:20:03 AM
Jesus didn't care much for math or science; he wasn't an analytical type, not interested in systems or structures, which are musts for someone who creates software like this.  Perhaps Pythagoras would be a closer match.
854  Bitcoin / Bitcoin Discussion / Re: Whats "backing" bitcoin? on: November 29, 2013, 08:08:07 AM
All money is backed by its users.  This is why gold is forever viewed as the de facto money: you see gold in video games, novels, movies and so forth, always as the ultimate representation of wealth.  Gold is known universally as the money; if people didn't believe this was true, then it ceases to hold this title.

Bitcoin, ultimately, is backed by its users.  By holding and proselytizing it, I have acknowledged that bitcoin is valuable.  As more people agree, the value of bitcoin increases.  Because money only represents the energy of man, there is in no scenario where money can be valuable without a belief that it is so; we seek a money that will best represent our efforts, and both gold and bitcoin hold these special properties.  Nothing more backs these monies, and nothing less.  Bitcoin is backed by you and I.
855  Other / Beginners & Help / Re: Will Bitcoin Reach $10,000 One Day? on: November 29, 2013, 07:52:19 AM
Max Keiser has speculated $700,000

He's low-balling it Tongue
856  Bitcoin / Bitcoin Discussion / Re: It's bits. on: November 29, 2013, 07:51:30 AM
The British use pound for weight and pound for currency, the Chinese use the word yuan for currency and many other things, without confusion.

Yeah; if we're smart enough to handle allegories and allusions, we can figure out if someone's asking for data or currency.
857  Bitcoin / Bitcoin Discussion / Re: It's bits. on: November 29, 2013, 07:41:02 AM
A million bits to a coin; I like it.
858  Other / Beginners & Help / Re: Will Bitcoin Reach $10,000 One Day? on: November 29, 2013, 07:28:45 AM
Unless the bitcoin killer--that is, the money that makes bitcoin obsolete and irrelevant--occurs within this decade, I expect the price to climb to insane levels, taking into account the exponentially increasing popularity of this software (i.e. more wealth being denoted with bitcoin) coupled with the USD's hyperinflation to the tune of 1 trillion indebted annually.

Since all fiat currencies go to zero...the only thing that could stop Bitcoin from hitting $10k is Bitcoin.
859  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: November 29, 2013, 07:15:31 AM
This has been an interesting year.
860  Other / Politics & Society / Re: Will bitcoin = public sector workers rioting?? on: November 28, 2013, 08:48:05 PM
Actually in the early democracies taxes were voluntary.  Crypto if successful will eventually be used to resist taxation since it can't be seized.  Public sector workers will have to go and do the same thing in the private sector but at an appropriate compensation level.

They couldn't have been taxes if they were voluntary:

tax  (tæks)
 
— n
1.   a compulsory financial contribution imposed by a government to raise revenue, levied on the income or property of persons or organizations, on the production costs or sales prices of goods and services, etc

It's interesting to note, then, that without taxes, they still got things done Grin

Also: it's funny how they worded that definition.  An involuntary contribution is more easily defined as theft or esp. ransom.
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