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401  Economy / Speculation / Re: A Short Youtube Documentary that Reveals the Fate of Bitcoin Holders on: September 04, 2014, 05:55:43 AM
https://www.youtube.com/watch?v=PgDsyj5eLmo

"Bankrupt By Beanies"

Like the gentleman in the video, you all thought you found a sure thing. And now you watch as the value goes lower, lower, and even lower. Eventually, when there's no hope of recouping your losses for the foreseeable future, you'll tell yourselves that... "Maybe someday bitcoin will become popular again!" just like his wife in this video.

Lesson number one in investing: if you've found something that seems too good to be true, it is. Somebody made money on bitcoin, but it's at your expense. Those people found out about bitcoin very early and marketed by telling you that it would change the world, and all you needed to do was buy, hold, and sell no matter what.

In 10 more years, maybe there will be a documentary about some of the people here. At least the guy in this video still has all his stuffed animals to show for his financial failures.

Do I have to reply properly from a brand new account or is it ok using my current one?
402  Bitcoin / Press / [2014-09-03] Bitcoin Available at 10,000 Indomaret Stores in Indonesia on: September 03, 2014, 02:03:53 PM
http://www.coinsetter.com/bitcoin-news/2014/09/03/bitcoin-available-at-10000-indomaret-stores-in-indonesia-1455
403  Economy / Speculation / Re: You'd better sell when APPLE competes with bitcoin.. on: September 01, 2014, 08:36:40 PM
Apple is going to release a mobile payment system, secured with touch ID, and with VISA and American Express.
In other words, it will make the transaction much faster and much more secure.
And that my friends, is a threat to bitcoin

edit: source: http://www.cnet.com/news/apple-amex-teaming-on-iphone-6-payments-system-report-says/

Better SELL when apple competes?

Sure, in the meantime try to ask Jennifer Lawrence what she thinks.... Smiley
404  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 27, 2014, 05:37:02 PM
Times are a changing.
This morning my wife asked me - what are altcoins? Then went on to say how they seem to be the new rage - saying how LTC and NMC could be a new growth opportunity. She went on to add that mining is not profitable anymore. (I had to hold my self back as just yesterday I had figured AM Gen 3 basics look viable.)

We don't talk much Bitcoin at home as you can tell.

She makes a great public barometer that way. Anyway she closed off saying this is mainstream now. As the articles that pop up in here 0% economic focus news feeds assume the reader knows a lot about Bitcoin.

So I'm going to call this the bottom for now.

Hopefully next time your wife will ask you about bitcoin earlier Wink

Edit: grammar
405  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 27, 2014, 05:10:13 PM

As a bitcoin fan, you obviously want to stick as many applications as possible into the Satoshi2009 blockchain, in order to get more support for it.  But there are other blockchains in existence, and the bitcoin network's hashing power could be harnessed for other protocols and applications if offered suitable rewards.


nice, attaching the year to the blockchain to imply its old. Quite the troll shot.


What is wrong with his post ? why do you think he is trolling ?

Yes the block chain is more than 5 years old, and this mean that you missed the point of his post, any attempt to change/add anything to the Bitcoin protocol at this point or in the future will be hard and will get harder when the adoption rate continue to increase, even a simple task to fix a bug or to release a newer version will get harder, but there are working alternatives (chains) that attempts to solve and add new  features that we think will be  crucial in the future... so the question is: is it worth it ?

Sure you're  right, the older the blockchain the harder to enanche the bitcoin protocol. In that regard there are a few projects aimed at "fixing" this problem. One that I'm aware of is Back's and Hill's side chains, still vapoware at the moment but I'm quite confident due to Back 's involvement (he invented hashcash PoW system). Another interesting project is Todd's tree chains, even if it is more focused to fix scalability issue.
406  Economy / Speculation / Re: I am finished trying to to talk sense into some of you. on: August 16, 2014, 04:02:56 PM
But I'll be back in 2 years.

I'll be back in 2 years with my 250 BTC.

8/15/2016, save the date.

I'll buy you all icecream. Even you, falllling. But by then..you'll be rissssing!

Until then, listen to logic...not your emotions.

Or don't.

Bump this thread in 2 years like people are bumping the 2011-2012 threads.

At what price did you buy the 250 BTC?

Mind posting your wallet?

nice try Smiley

why on earth he should to give to you the public address(es) corresponding to his stash?

if he gave you his wallet address(es) he would give you permanent way to link those unspent outputs to every future txs he will perform.
407  Economy / Speculation / Re: I am finished trying to to talk sense into some of you. on: August 16, 2014, 03:43:56 PM
In two years we'll try to come back here and our browsers will give an 'HTTP 403 Page Not Found' error, because nobody will care anymore about a commodity trading for $1 and shop will close down.

you're way ahead of fonzie (when in bear mode) and falllling together Smiley
408  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 11, 2014, 08:27:32 PM
wow this is a beast :-)
Haven't actually bought it - just made the wishlist.

So far the necessity to pull coins out of cold storage to complete the purchase is just enough of a barrier to help me keep hodling.

Yeah, imho this is a positive side effect of having almost all your btc on cold storage.

Especially now that you can buy travels, hardware and almost whatever you want using btc (through gyft).   
409  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Stellar on: August 11, 2014, 08:17:54 PM
Molti hanno ricevuto  gli stellar , gli hanno venduti ad altri user o sui vari exchange e non sono mai pił entrati nel loro account .

Quindi 40 % di quei wallet li resterą inutilizzato Wink .
You are claiming two different things.
If people has chosen to give away their Stellar is a totally different thing, there are NOT fake accounts Wink

http://www.coinsetter.com/bitcoin-news/2014/08/05/mechanical-turk-the-first-stellar-exchange-1299
410  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 11, 2014, 07:36:57 PM
Just don't bring out the Wat lady....whatever you do.

Wow! It is my first time seeing Legendary status. How to get it?
https://bitcointalk.org/index.php?topic=237597.msg8289534#msg8289534

I knew that as soon as I had become a "Hero member" something else would have become more cool Smiley
411  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 11, 2014, 07:34:30 PM
I'm thinking about selling some Bitcoin, and trying to resist.

I'm not happy about Newegg accepting BTC. Too tempting.

http://secure.newegg.com/WishList/PublicWishDetail.aspx?WishListNumber=24976852

wow this is a beast :-)
412  Bitcoin / Bitcoin Discussion / Re: How many addresses do you think the average bitcoin user has? on: August 08, 2014, 04:24:27 PM

1TB of Privkeys and Bitcoin addresses thinking the full blockchain is somewhere around 20GB lol.

I think they will be included in the blockchain only if used as receiving address in a tx.

413  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 07, 2014, 02:27:48 PM
Could it be that someone from the 2011 era is selling the old coins?  

I suppose you could check if there are any strange spikes in this graph:

https://blockchain.info/charts/bitcoin-days-destroyed

in the last few weeks.
414  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 07, 2014, 02:04:50 PM

If you had described the situation to Orwell, he wouldn't have believed it.

You're right, on the other hand Huxley had foreseen precisely this exact scenario.



http://www.marketoracle.co.uk/images/2009/Dec/google2084-thumb.jpg

lol'ed at first...

No, Huxley wouldn't have believed it either...and 30 years ago no-one would.  But then someone realised: you don't impose the totalitarian nightmare, you market it to people.


Quote from: en.wikipedia.org/wiki/Brave_New_World#Brave_New_World_Revisited

Brave New World Revisited (Harper & Brothers, US, 1958; Chatto & Windus, UK, 1959),[33] written by Huxley almost thirty years after Brave New World, was a non-fiction work in which Huxley considered whether the world had moved toward or away from his vision of the future from the 1930s. He believed when he wrote the original novel that it was a reasonable guess as to where the world might go in the future. In Brave New World Revisited, he concluded that the world was becoming like Brave New World much faster than he originally thought.

Huxley analysed the causes of this, such as overpopulation as well as all the means by which populations can be controlled. He was particularly interested in the effects of drugs and subliminal suggestion. Brave New World Revisited is different in tone because of Huxley's evolving thought, as well as his conversion to Hindu Vedanta in the interim between the two books.

The last chapter of the book aims to propose action which could be taken to prevent a democracy from turning into the totalitarian world described in Brave New World. In Huxley's last novel, Island, he again expounds similar ideas to describe a utopian nation, which is generally known as a counterpart to his most famous work.
415  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 07, 2014, 01:49:40 PM
(note: i haven't read upthread, hoping this refers to Orwell & Huxley's visions of the future in 84 & BNW.)

yep
416  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 07, 2014, 01:35:50 PM

If you had described the situation to Orwell, he wouldn't have believed it.

You're right, on the other hand Huxley had foreseen precisely this exact scenario.





lol'ed at first...
417  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 07, 2014, 01:17:04 PM

If you had described the situation to Orwell, he wouldn't have believed it.

You're right, on the other hand Huxley had foreseen precisely this exact scenario.
418  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 05, 2014, 10:38:28 PM
Purchased a Trezor today... paying for something was never so easy.

Trezor is safe? And how many days it took to deliver?

It's a slush's project I'd say you can trust him. A part from that it seems the team behind put a lot of efforts/energy to get it right, they even have contributed to the BIP 38

Quote
I was thinking of purschashing a new laptop, download bitcoin-qt on it(is a password like 45LaZywindow55 a safe password?), put a couple backups on USBs and put it offline till I need the money again. Not sure how safe this is though?

419  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 05, 2014, 12:37:26 PM
Hoarders who stall economic growth are punished for a reason.

At last bitcoin learned me that lesson.

really? how?
420  Bitcoin / Hardware wallets / Re: [ESHOP launched] Trezor: Bitcoin hardware wallet on: August 05, 2014, 09:02:00 AM
I'm glad to learn you're still putting effort and energy to back the slush's pool dev. It's not something the I would have taken for granted, especially if you take into account all the efforts you've put into the Trezor project

Pool has its own development team and I'm supervising them. There's a lot of effort behind the scene and there's bunch of new features coming very soon. The last thing they're working on now is new website, which offer such features to users...

I didn't mean to say that slush's pool was an abandoned project. I was just surprised that you still have an active role in the development dept, even if it's only related to supervising.   
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