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Question: Will you support Gavin's new block size limit hard fork of 8MB by January 1, 2016 then doubling every 2 years?
1.  yes
2.  no

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Author Topic: Gold collapsing. Bitcoin UP.  (Read 1804724 times)
hdbuck
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January 27, 2015, 07:51:52 PM
 #20721

California Regulator: Coinbase Exchange 'Not Regulated or Licensed'... ^^

http://www.coindesk.com/california-regulator-coinbase-exchange-regulated-licensed/

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There are several different types of Bitcoin clients. Header-only clients like MultiBit trust that the majority of mining power is honest for the purposes of enforcing network rules such as the 21 million BTC limit. Full clients do not trust miners in this way.
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Adrian-x
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January 27, 2015, 08:04:07 PM
 #20722

oh wait... that's the bank bitstamp is working with and where the funds are  Shocked

you're kidding?

no its, true. But why would that matter? This is related to bonds and I believe there is insurance on deposits in Slovenia.

I gotta  Roll Eyes if I remember Gox's Bank had similar problems the facade was they're being hung out to dry for giving care loans to drug dealers. But then again if they pay off the loan and don't advertise how they make a living it shouldn't affect the banks financial well being. There problems aren't consumer credit reliability but macro isolation within the banking community,  BIS and the like.

Thank me in Bits 12MwnzxtprG2mHm3rKdgi7NmJKCypsMMQw
bassclef
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January 27, 2015, 08:06:12 PM
 #20723

California Regulator: Coinbase Exchange 'Not Regulated or Licensed'... ^^

http://www.coindesk.com/california-regulator-coinbase-exchange-regulated-licensed/



Like clockwork... Sell sell sell!! 
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January 27, 2015, 08:18:08 PM
 #20724

California Regulator: Coinbase Exchange 'Not Regulated or Licensed'... ^^

http://www.coindesk.com/california-regulator-coinbase-exchange-regulated-licensed/



Like clockwork... Sell sell sell!!  

I think there are algorithmic traders who project market demand by quantifying difficulty volume and price, difficulty and mining profitability being instrumental in quantifying the inflation - new coins.

It's my view the sell off isn't a market reaction to that news but an algorithmic market manipulation given the recent drop in difficulty.

Thank me in Bits 12MwnzxtprG2mHm3rKdgi7NmJKCypsMMQw
solex
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100 satoshis -> ISO code


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January 27, 2015, 08:31:30 PM
 #20725

should i grab som popcorn?

edit: tho we sure this is the same bank we are talking about here?

Quote
Bank name:   
Unicredit banka Slovenija d.d.
Address:   Smartinska 140
City:   1000 Ljubljana
Country:   Slovenia

> https://www.bitstamp.net/article/new-banking-details/


They started using Raiffeisen in mid 2014

Just got another message from Bitstamp...

Quote
sincere apologies for the misleading information regarding your first question.

Bitstamp recently entered in a relationship with a Raiffeisen Bank. That means that both bank account are operational so you can either transfer your funds to our Raiffeisen or Unicredit account.

The exchange rate stays the same in both cases ( http://www.unicreditbank.si/tecajna_lista/?t=1&id_menu=&language=ENG )

If you have any further questions, please feel free to contact us again.

Best regards,
Anžej Simičak
support manager

marcus_of_augustus
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January 27, 2015, 09:24:36 PM
 #20726

Central banks everywhere should be sure to own everything that is happening now:

http://www.zerohedge.com/news/2015-01-27/bonds-third-largest-austrian-bank-are-crashing

...  no, this is precisely the point they start claiming that markets are out of their control.

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January 27, 2015, 09:38:43 PM
 #20727

Central banks everywhere should be sure to own everything that is happening now:

http://www.zerohedge.com/news/2015-01-27/bonds-third-largest-austrian-bank-are-crashing

...  no, this is precisely the point they start claiming that markets are out of their control.

or the proverbial, "no one could've seen it coming".
marcus_of_augustus
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January 27, 2015, 09:51:38 PM
 #20728

http://politics.slashdot.org/story/15/01/27/1525202/valves-economist-yanis-varoufakis-appointed-greeces-finance-minister

Quote
One such step has been to appoint Valve's economist Yanis Varoufakis to position of Finance Minister of Greece. For the past three years Varoufakis has been working at Steam to analyze and improve the Steam Market but now has the opportunity to improve one of the most troubled economies in the world.

Never understood why Valve/Steam didn't go into Bitcoin in a big way, integrating into games, etc. Maybe this guy who is new leftie greek finance minister was the reason.

hdbuck
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January 27, 2015, 09:59:34 PM
 #20729

Central banks everywhere should be sure to own everything that is happening now:

http://www.zerohedge.com/news/2015-01-27/bonds-third-largest-austrian-bank-are-crashing

...  no, this is precisely the point they start claiming that markets are out of their control.

now i'd be tempted to argue they are perfectly under control... Tongue
justusranvier
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January 27, 2015, 10:01:00 PM
 #20730

Eurozone national anthem:

https://www.youtube.com/watch?v=zjedLeVGcfE
msin
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January 27, 2015, 10:05:09 PM
 #20731

http://politics.slashdot.org/story/15/01/27/1525202/valves-economist-yanis-varoufakis-appointed-greeces-finance-minister

Quote
One such step has been to appoint Valve's economist Yanis Varoufakis to position of Finance Minister of Greece. For the past three years Varoufakis has been working at Steam to analyze and improve the Steam Market but now has the opportunity to improve one of the most troubled economies in the world.

Never understood why Valve/Steam didn't go into Bitcoin in a big way, integrating into games, etc. Maybe this guy who is new leftie greek finance minister was the reason.

Because until recently, there wasn't much in the way of payment processing on that kind of scale.  Bitpay can handle now.  Expect to see Valve accepting BTC soon.
marcus_of_augustus
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January 27, 2015, 10:14:33 PM
 #20732

http://politics.slashdot.org/story/15/01/27/1525202/valves-economist-yanis-varoufakis-appointed-greeces-finance-minister

Quote
One such step has been to appoint Valve's economist Yanis Varoufakis to position of Finance Minister of Greece. For the past three years Varoufakis has been working at Steam to analyze and improve the Steam Market but now has the opportunity to improve one of the most troubled economies in the world.

Never understood why Valve/Steam didn't go into Bitcoin in a big way, integrating into games, etc. Maybe this guy who is new leftie greek finance minister was the reason.

Because until recently, there wasn't much in the way of payment processing on that kind of scale.  Bitpay can handle now.  Expect to see Valve accepting BTC soon.

Bitpay has been around since 2011. Valve are big enough to create their own bitpay in house if they wanted to. Basically, they are followers not the leaders they used to be in tech .... is what it comes down to. I agree Valve will 'accept' bitcoin soon, because it is safe, microsoft, dell, etc, etc but I highly doubt they'll be doing anything innovative with it inside their games, in-game currencies, user-wallets, etc ... probably just dump it back on the xchanges for the commie fiat.

Chalkbot
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January 27, 2015, 10:15:55 PM
 #20733

http://politics.slashdot.org/story/15/01/27/1525202/valves-economist-yanis-varoufakis-appointed-greeces-finance-minister

Quote
One such step has been to appoint Valve's economist Yanis Varoufakis to position of Finance Minister of Greece. For the past three years Varoufakis has been working at Steam to analyze and improve the Steam Market but now has the opportunity to improve one of the most troubled economies in the world.

Never understood why Valve/Steam didn't go into Bitcoin in a big way, integrating into games, etc. Maybe this guy who is new leftie greek finance minister was the reason.

Because until recently, there wasn't much in the way of payment processing on that kind of scale.  Bitpay can handle now.  Expect to see Valve accepting BTC soon.

I recall a statement from Gabe Newell some time ago that indicated they weren't really interested in bitcoin implementation.

edit: and what marcus said.
msin
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January 27, 2015, 10:56:32 PM
 #20734


Bitpay has been around since 2011. Valve are big enough to create their own bitpay in house if they wanted to. Basically, they are followers not the leaders they used to be in tech .... is what it comes down to. I agree Valve will 'accept' bitcoin soon, because it is safe, microsoft, dell, etc, etc but I highly doubt they'll be doing anything innovative with it inside their games, in-game currencies, user-wallets, etc ... probably just dump it back on the xchanges for the commie fiat.


I agree, but Bitpay didn't have the infrastructure/reputation they do now.  Valve will implement BTC, it's only a matter of time, maybe when they release Half-Life 3  Wink
silverfuture
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central banking = outdated protocol


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January 28, 2015, 12:25:45 AM
 #20735


How 'bout this?

https://www.youtube.com/watch?v=AE1rUqecfA0

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January 28, 2015, 03:20:38 AM
 #20736

Has this been posted here before?

'Bitcoin and the dangerous fantasy of ‘apolitical’ money' (2013). By Yanis Varoufakis, Greece's new Finance Minister.

http://yanisvaroufakis.eu/2013/04/22/bitcoin-and-the-dangerous-fantasy-of-apolitical-money/
iCEBREAKER
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Crypto is the separation of Power and State.


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January 28, 2015, 03:28:14 AM
 #20737

Has this been posted here before?

'Bitcoin and the dangerous fantasy of ‘apolitical’ money' (2013). By Yanis Varoufakis, Greece's new Finance Minister.

http://yanisvaroufakis.eu/2013/04/22/bitcoin-and-the-dangerous-fantasy-of-apolitical-money/

He's a hard-left SYRIZA neo-liberal idiot who has been (mal)educated far beyond his intelligence.

Of course he hates the idea of honest money beyond the control of the State.

Fuck him.  I hope the German bankers repossess his entire country and put his lazy pontificating academic ass to work in a salt mine.   Smiley

The difference between bad and well-developed digital cash will determine whether we have a dictatorship or a real democracy.  David Chaum 1996
Fungibility provides privacy as a side effect.  Adam Back 2014
"Monero" : { Private - Auditable - 100% Fungible - Flexible Blocksize - Wild & Free® - Intro - Wallets - Podcats - Roadmap - Dice - Blackjack - Github - Android }


Bitcoin is intentionally designed to be ungovernable and governance-free.  luke-jr 2016
Blocks must necessarily be full for the Bitcoin network to be able to pay for its own security.  davout 2015
Blocksize is an intentionally limited resource, like the 21e6 BTC limit.  Changing it degrades the surrounding economics, creating negative incentives.  Jeff Garzik 2013


"I believed @Dashpay instamine was a bug & not a feature but then read: https://bitcointalk.org/index.php?topic=421615.msg13017231#msg13017231
I'm not against people making money, but can't support questionable origins."
https://twitter.com/Tone_LLT/status/717822927908024320


The raison d'être of bitcoin is trustlessness. - Eric Lombrozo 2015
It is an Engineering Requirement that Bitcoin be “Above the Law”  Paul Sztorc 2015
Resiliency, not efficiency, is the paramount goal of decentralized, non-state sanctioned currency -Jon Matonis 2015

Bitcoin is intentionally designed to be ungovernable and governance-free.  luke-jr 2016

Technology tends to move in the direction of making surveillance easier, and the ability of computers to track us doubles every eighteen months. - Phil Zimmerman 2013

The only way to make software secure, reliable, and fast is to make it small. Fight Features. - Andy Tanenbaum 2004

"Hard forks cannot be co
marcus_of_augustus
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January 28, 2015, 03:40:26 AM
 #20738

Has this been posted here before?

'Bitcoin and the dangerous fantasy of ‘apolitical’ money' (2013). By Yanis Varoufakis, Greece's new Finance Minister.

http://yanisvaroufakis.eu/2013/04/22/bitcoin-and-the-dangerous-fantasy-of-apolitical-money/

wow ... good catch, no wonder Valve was so anti-bitcoin.

Here's one that will blow Varoufakis tiny mind wide open.

http://aeon.co/magazine/technology/are-we-ready-for-companies-that-run-themselves/

Quote
Which vision will win out? That will depend less on the specific capacities of the technology than on the ability of governments and electorates to grasp what it is and what it means. One way or another, it looks like RoboCorp will be able to look out for itself. In the meantime, we need to get our own house in order.

sort your shit out, robocorp is coming  Smiley

rpietila
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Crypto Kingdom (Creator)


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January 28, 2015, 03:56:51 AM
 #20739

sort your shit out, robocorp is coming  Smiley

Isn't the Silk Road random purchasing bot caught and awaiting trial?

cypherdoc
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January 28, 2015, 04:03:00 AM
 #20740

Has this been posted here before?

'Bitcoin and the dangerous fantasy of ‘apolitical’ money' (2013). By Yanis Varoufakis, Greece's new Finance Minister.

http://yanisvaroufakis.eu/2013/04/22/bitcoin-and-the-dangerous-fantasy-of-apolitical-money/

wow ... good catch, no wonder Valve was so anti-bitcoin.

Here's one that will blow Varoufakis tiny mind wide open.

http://aeon.co/magazine/technology/are-we-ready-for-companies-that-run-themselves/

Quote
Which vision will win out? That will depend less on the specific capacities of the technology than on the ability of governments and electorates to grasp what it is and what it means. One way or another, it looks like RoboCorp will be able to look out for itself. In the meantime, we need to get our own house in order.

sort your shit out, robocorp is coming  Smiley

yeah, that is a good catch.

the guy sounds radical.  my hopes for Greece just took a dive.
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