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161  Economy / Economics / Re: On Bitcoin, gold, and fiat. on: August 01, 2013, 03:03:13 PM
That silver is still around.  It just isn't in bullion bars.

A lot of silver is subject to inelastic demand.

...once the silver is consumed into devices like this, it's not economical to ever recycle it.

It might as well just be gone forever.

...more gold bullion above ground right now, than silver bullion.

I believe the historic Gold:Silver price ratio is 16. Currently it is much higher. But if there is more available silver than gold, and inelastic demand, I wonder if someday the price difference could reverse? Has silver ever been more valuable than gold? I don’t think so. Should/Could it be? Logic suggests maybe. Of course, applying “Logic” to markets is problematic.

Should we be looking at junk silver too? Sliver Wheaton, anyone?
162  Economy / Investor-based games / Re: Bitcoin Pyramid [Beta] - the oldest working pyramid? on: July 31, 2013, 09:39:29 PM
Thread is useless without pics.
163  Economy / Gambling / Re: Would there be an interest for a Bitcoin Gambling Source? on: July 31, 2013, 09:31:28 PM
Can vouch for this user, really knows his stuff.

You have even less reputation than OP!

lol this thread is just funny.

Thanks you guys. I LOL'd too.
164  Economy / Gambling / Re: BITFEUD- HALF PRICE BITBANK SPECIAL on: July 31, 2013, 09:25:09 PM
heh.
165  Economy / Gambling / Re: SatoshiBet's Roulette Launch Race! + Free BTC Giveaway! on: July 31, 2013, 09:14:34 PM
Thanks for the promotion!

16rmgysCDHRs3j1N1oybsyxiVt5brYK6Df
166  Economy / Gambling / Re: How I Turned 50 satoshi into 12 BTC using InsanityDice and Bitcoin Minefield. on: July 31, 2013, 09:06:03 PM
Actually I like seeing these threads for the same reason I like seeing people win the lottery. It lets me know that it CAN be done. I mean, none of us gamble hoping to lose, do we? To the OP: Good for you!
167  Bitcoin / Bitcoin Discussion / Re: Dangers of securing bitcoin on windows? on: July 30, 2013, 05:35:03 PM
I can run linux - Barely. Of my friends, about 15% could do the same. But I'm not sure I could use Bitcoin while running Linux. Guess I'll have to give it a try. Still, if we can't have secure BitWallets while running Windows on internet connected machines, how can I expect the 85% to adopt Bitcoin? The barriers remain a bit too high for widespread adoption, I think. Hope this changes. Is membership in teh Geek species mandatory? Am I offbase? Are we DOOMED?

Secure hardware wallets are coming to rescue. For example, Trezor. Trezor can be used with untrusted computer and it's safe.

Thanks. I get that it's an arms race, like predator-prey evolution. Maybe it can be fun...
168  Other / Beginners & Help / Re: FREE 0.002 BTC For Joining - IRC Based Contest Channel on: July 30, 2013, 04:57:58 PM
flagel8, hey. You just post your bitcoin wallet address in channel and say "rawrzors" referred me Smiley thats it, Your address will get added to the next queue.

Thanks for the information. I see there is a whole area of the in-ter-net I have to figure out. Got me some learnin' to do.
169  Economy / Gambling / Re: ApopheniaBTC - Bet and solve the challenges to win BTC. on: July 30, 2013, 10:32:49 AM
Thought this thread would be lame. I was wrong, it's actually fascinating. Thanks.
170  Economy / Long-term offers / Re: Earn 15% every month from your deposit - BitGlory.com on: July 30, 2013, 10:25:14 AM
171  Other / Beginners & Help / Re: 10 Hard drive GB gone after getting started with BTC on: July 30, 2013, 09:34:34 AM
I think the title of this thread is a bit dyslexic Tongue

Yeah, lol. My brain read it: "10 GB Hard Drive gone", then I realized, Who has a 10 GB Hard Drive anymore? An 8 GB Flash drive is about $8.
172  Other / Beginners & Help / Re: FREE 0.002 BTC For Joining - IRC Based Contest Channel on: July 30, 2013, 09:05:32 AM
Well I clicked on it and I  I joined(!) it, but I have no idea what it actually is, or what I did. I saw no place to note your referral or my bitcoin address. I don't get IRC I guess. Sorry.
173  Economy / Gambling / Re: Predictious - Prediction Market Launching this Afternoon on: July 30, 2013, 08:54:11 AM
Looks like fun. I forgot how much I miss InTrade. Sort of like peering at society's subconscious mind. Thanks for starting this.
174  Economy / Gambling / Re: I'm giving 100% ROI away to anyone who thinks MtGox is a ponzi on: July 30, 2013, 08:40:33 AM
The Time Police were supposed to go back and tell you not to post this. What happened?

In my name,

Valen
175  Economy / Gambling / Re: Is it possible to "work" as a gambler and live off the profits? on: July 30, 2013, 08:17:52 AM
In games of "pure" chance, the house usually wins in the long term. Statistically speaking. But you can beat it in the short term. If you get a lucky streak. It does happen.

My Grandfather made a living as a young man as a professional gambler. But it was in poker, a game of skill. I guess he made sure that his skill was better than his opponents' skill.
176  Other / Beginners & Help / Re: Quick Coins on: July 30, 2013, 07:51:48 AM
I swear by localbitcoins. https://localbitcoins.com/

Make sure the seller funds the transaction (ie; sends the coins to localbitcoins in escrow) so that you are protected by the escrow service. It costs (the seller) 1%, so it's totally worth it for the peace of mind. Meet in a safe public place (Cafe or Library) with wi-fi, and the seller needs to have either a cell, or preferably a laptop.

The seller sends the coins to an escrow account on localbitcoins, and is given a release code that only you know after he releases the coins to your account. Which he does after counting your money. Very relaxed process.

I think that if you wish, localbitcoins can also send your cell an SMS when the coins have been released to your account, but I haven't actually used this, because if the seller knows the release code, the coins are now yours.
177  Other / Beginners & Help / Re: ***BITSPIN.CO FREE 3btc RAFFLE! *** ONLY 8 SIGNUPS! Deadline: July 31st on: July 30, 2013, 07:36:40 AM
Thanks for the explanation. Count me in!

address:    122dS8stWBaXeVDK5JbQG96sduV25ozE2n

It's sort of embarrassing that I obviously did not read your original post CAREFULLY...
178  Other / Beginners & Help / Re: Bid for Coin: free bid giveaway 0.01BTC on: July 30, 2013, 07:23:45 AM
Very interesting idea. And the charity angle is very appealing. Very smart, and GOOD. Thanks.

address:    122dS8stWBaXeVDK5JbQG96sduV25ozE2n
179  Bitcoin / Bitcoin Discussion / Re: Is Focusing on Anonymity Over Privacy Holding Back Bitcoin? on: July 30, 2013, 07:02:37 AM
I'm not sure I need secrecy. But once I give it up, it's GONE, BABY. So I'd like to keep it just in case. Bitcoin transactions are not the only things that are irreversible.
180  Bitcoin / Bitcoin Discussion / Re: Dangers of securing bitcoin on windows? on: July 30, 2013, 06:53:09 AM
I can run linux - Barely. Of my friends, about 15% could do the same. But I'm not sure I could use Bitcoin while running Linux. Guess I'll have to give it a try. Still, if we can't have secure BitWallets while running Windows on internet connected machines, how can I expect the 85% to adopt Bitcoin? The barriers remain a bit too high for widespread adoption, I think. Hope this changes. Is membership in teh Geek species mandatory? Am I offbase? Are we DOOMED?
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