whats going on with this? why is it dropping so fast?
Just going back to the baseline, $4 or $5.00. Whatever Silk Road is doing in daily business, basically.
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The solution is simple. We become Somali pirates, capture a yacht with Brad Pitt on it, demand bitcoins in payment, reap the publicity rewards with both Hollywood and the criminal underworld.
Just kidding. Who cares what the price of a bitcoin is in other currencies? I don't. If you're only posting on this forum because you're the dumb money, I hate to tell you but your time here is almost up. This is not an investment scheme and if you treat it as such you'll get burned. The only thing that matters is that we achieve some small level of stability so that merchants can confidently accept bitcoin, suppliers can in turn get paid in bitcoin, and pay their employees in bitcoin and so forth. You know... an economy, they call it.
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I was considering doing some business with Nanaimo Gold way back in the day. Then I read some of his forum posts here. If you want to be charitable, the guy is a loud spoken, dimwitted and malicious internet troll. If you want to be blunt, he's a racist homophobe who is worried about fluoridation in the water.
And the more I read the less I liked the guy. Now I'm going through some of the stuff on talkgold and reaffirming my initial impressions.
Fuck Shane Smith and his homophobia.
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I see Satoshi is pulling some code out of his sleeve. Nice touch.
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Here's what I propose. The next time another thread like this gets started, simply post the link to this video and kindly request to lock the thread, for the subject will be closed. If the OP of the new thread doesn't get it, he should receive 500 lashes with a wet noodle by (insert your favorite board member here).
You never know, some day new information might come up. There's totally some good stuff in this very thread. We can't just reject stuff out-of-hand like that.
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Pardon me if this has been addressed because I just skimmed through this thread.
Wouldn't this just be an ideal avenue for state actors to mess with each other?
What I mean is, the blockchain is probably not worth messing with if it's just a few hundreds of millions or a few billion dollars. It is worth messing with if you're going to use it as a lever in international relations. For example, If CNOOC wasn't being traded through the blockchain and Petrobras was, when China and Brazil go to war (don't ask my why that would happen, it's late and I'm tired) then the Chinese cyber-warfare strategy is to overtly or covertly overwhelm and try to fork the blockchain, thus sowing confusion and fear in the Brazilian marketplace. Economic chaos, strategic victory.
Unless everyone agrees to play and you have a mutually assured destruction scenario if the blockchain is attacked.
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I watched the whole thing but I can't talk now, I have the strangest urge to do a bit of forex trading.
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I want to live in a world where Ray K. gets to live forever. Truly, I do, especially if everyone else can join him.
my pick for a megatrend:
world population stability by 2050. Growth spurt is almost over, chin up buckos! Nowhere but up from there right?
my favorite wild guess:
someone's going to pull some irreversible and significant geoengineering stunt in the face of rising and sudden global climate chaos. No idea what this might be but it will almost certainly happen.
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Oh, who gives a fuck what you think, I'm just popping in to say that the more you post on this forum the fewer non-crazy customers you'll get. Just FYI. Enjoy being marginalized.
It's pretty funny how the people on here who think of capitalism as some kind of God-like force that can do no wrong are also the ones who are so bad at business that they see no problem running around calling potential customers "whining parasites". The advertisement for his service in his sig is like some kind of perfect punchline on the end of every post. Hah, indeed... except replace "funny" with "sad" and I can fully agree with you. At any rate... kids these days. Sheesh.
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Goddamn it my dogwalker disappeared for a week and when he got back he only had half my goddam dog. Stay the fuck away from mycorgigram.com if you know what's good for you...
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But it really shouldn't come as any surprise that Forbes would be quick to condemn someone of Buffett's stature speaking ill of our current rich-favoring tax code - someone might actually... *gasp!* ...believe him. Ad hominem fallacy. Not really. Fallacious appeal to authority? That the phrase you're trying for? Oh, who gives a fuck what you think, I'm just popping in to say that the more you post on this forum the fewer non-crazy customers you'll get. Just FYI. Enjoy being marginalized.
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Sexy?
How about useful first? That's sexy, at least to me.
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I'm amazed that something like Bitcoin can survive in the wild, totally open source without being hacked to peices. The guy is clearly an absolute genius in the field of cryptology and macro economics, I bet even he can't believe this shit actually worked though.
Much respect to him, and I'm sure he's far too clever to let Bitcoin die or do anything to negatively affect the value of the currency when he's holding over a million coins.
Yeah, that bears remembering. Kind of an aside here, but did any of you read the cryptography list discussions when he initially introduced the bitcoin protocol? Everyone was like "oh shit... neat... but how do you do X process?" and he was all like "just do it like this." Essentially he'd had the hard stuff done up, complete before he brought it to the public eye, which is very impressive. And his explanation? Something along the lines of "oh, it was just as easy to write the code to see if it would work than to prove it any other way..." Anyway, who gives a fuck how much he/she/they own. I hate to be a downer here OP but this is newbie stuff that comes up over and over again. It's a bit boring.
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Nobody has publicly stated they personally know who Satoshi is or anything about him/her.
Therefore, Satoshi must be the CIA.
Makes perfect sense.
Just kidding, it's stupid.
Also, just for the record, if you're speculating about the CIA you don't necessarily need all the New World Order conspiracy bullshit. The CIA probably has a legitimate need for psuedoanonymous currencies (that can't be easily counterfeit like the US$100 bill), no reason to stick in chaotic and probably imaginary entities. Occams razor and stuff.
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Good idea, no doubt. This has been discussed on these forums before but the conversation turned into more of a method for making more forceful and efficient petitions. The only hitch with a straight-up voting scheme is that you need access to this crazy currency of ours to have a vote - no money no vote? You can combine with this idea <a href=" https://bitcointalk.org/index.php?topic=2868.0">steganographic communication</a> if you want to get some real new world order shit going down. Secret cabals running their shady organizations through the uninterruptible blockchain anyone?
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It's obvious that credit card companies are difficult to deal with. Nobody likes them, everyone hates them, and everyone mistrusts them. The fact is that it's not exactly about credit cards - we're dealing with an entirely different currency here. Dollars to bitcoins, that's the comparison, not credit cards to bitcoins...
As a strategy, it would be better to focus on how you can get bitcoins into people's hands more easily. Getting rid of them isn't really that difficult, it's getting them in the first place that's hard.
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Stop bumping this shitty thread, dude. Let it die.
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How about a 2 seater trike? Way cooler than a sidecar and that way people who can't ride or don't have a license to can still go for a spin in it with someone else. Of course, this may blow the budget sky high too.... I'm sorry buddy, but a trike is way too stable for bitcoin! You need something that will wobble and crash unless you have a little faith in where you're going with it... just like bitcoin itself, right? Two wheels all the way!
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do we really want the dumb ones?
Yes! Dumb ones will just put more money into the system. ;P Until they come here and read scamming, predatory shitposting like that. We don't need more money if this is going to be an even moderately successful currency. We need more real economic activity. Why is this hard to understand? I wish bitcoin would crash to $0.01USD and get rid of all you fucking idiots.
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Why wouldn't it settle around $4 or $5? That's where it was before all this silk road bullshit started up oh so long ago...
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