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tomcollins
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May 15, 2011, 11:40:09 PM |
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Banning Bitcoin by governments would only make it more popular.
The real question is: will the governments dare to shut down the whole internet ? Because it is already too late for any other action that could have major effect on Bitcoin economy.
No, seriously.
I'd love to hear your reasoning on how banning it would make it more popular. Also, if you cut out all ways to buy bitcoins using the banking system, you have an absolute huge effect on the economy. |
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JohnDoe
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May 15, 2011, 11:45:54 PM |
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Yeah, I red this word for the first time as well. I like it.
Not sold on it myself. Sounds like a great word for the mainstream to use as a spooky word. "The crazy technotarians are coming to eat your babies, everyone run for your lives!" |
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grondilu (OP)
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May 15, 2011, 11:49:11 PM |
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Also, if you cut out all ways to buy bitcoins using the banking system, you have an absolute huge effect on the economy.
It will happen soon or later. They'll have MtGox and other currency exchange closed. However, I'm pretty sure that won't destroy the bitcoin economy. But only time will tell. |
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no to the gold cult
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May 15, 2011, 11:59:33 PM |
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MtGox is probably going to go down at some point, targeted by hostile government action. Personally I don't think it's a bad thing, I agree with that crazy Russian guy allegedly behind the ddosing, the Gox is starting to resemble a monopoly and I don't like to see one organization acquire so much power over such a revolutionary economic force as btc.
I don't know what conversations take place in MtGox's 'boardrooms' so to speak, I'm sure the crowd behind MtGox are stand-up guys but the sooner we have a vast range of competing exchanges in various countries the better.
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grondilu (OP)
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May 16, 2011, 12:06:43 AM |
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God damn it I'm still waiting for some funds to be received by MtGox. Bloody bank wire delays.... |
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proudhon
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May 16, 2011, 12:17:03 AM |
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God damn it I'm still waiting for some funds to be received by MtGox. Bloody bank wire delays.... I'm in the same boat. |
Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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Anonymous
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May 16, 2011, 12:28:06 AM |
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technotarian = alpaca sock wearing cryptoterrorist. http://ircquotes.witcoin.com/p/718/f: "Attempts to undermine the legitimate currency of this country f: are simply a unique form of domestic terrorism." f: ... f: "We are determined to meet these threats through infiltration, f: disruption, and dismantling of organizations which seek to challenge f: the legitimacy of our democratic form of government." f: Can we only assume they have already infiltrated this channel? j: f: I bet they've infiltrated #bitcoin-discussion, where this is more on-topic  m: we can assume they have infiltrated all channels f: j: the people on that channel are only discussing alternate currencies, not actually building them like you terrorists are on this channel. c: how many people TOR their miners? t: c:, attacking pools won't slow down mining. c: no. jailing pool owners will. c: they start putting people in jail and pressing charges I'll drop my gigahash/s out of mining. t: c:, why would you stop mining ? c: because if the FBI wants to deem mining btc something worth their time to fuck with people over, it's not worth any personal risk to me. Even if I know I can mine with near perfect anonymity and safety. m: we are "alpaca-sock-wearing crypto-terrorists" |
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xf2_org
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May 16, 2011, 12:40:01 AM |
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One of the things that bugs me about Jason's blog post is " Your coins can't be tracked" which is patently false. Jason should read https://en.bitcoin.it/wiki/Anonymityand http://bitcointalk.org/index.php?topic=5907.0Also, while mentioning mtgox elsewhere in the blog post, under "how to buy and sell bitcoins" it just lists the ways you cannot buy/sell Regards, Jeff (bitcoin core dev) |
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Astro
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May 16, 2011, 01:27:28 AM |
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The support of someone like Calacanis is a huge plus for bitcoin and the community in general. I was afraid that we were becoming a bit insular. The external perception of bitcoin users being a bit nutty was a real concern. Now that some mainstream interest has started to appear, it's full speed ahead. IMHO.
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Anonymous
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May 16, 2011, 01:31:27 AM |
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The support of someone like Calacanis is a huge plus for bitcoin and the community in general. I was afraid that we were becoming a bit insular. The external perception of bitcoin users being a bit nutty was a real concern. Now that some mainstream interest has started to appear, it's full speed ahead. IMHO.
When you run around screaming about the emporer having no clothes people assume you are nuts or when you claim the world isn't flat...or that one day men will fly or land on the moon. |
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gigitrix
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May 16, 2011, 02:00:29 AM |
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Sounds more like praise than fear.
[ Author uncloaking here ] Yes. It's praise. I am a technotarian--and in fact the creator of the word (I think). I'm a huge fan of bitcoin and hope that it take hold. Wahey, Jason's here! I've seen you excited about startups, new tech and certainly Audible on the TWIT Podcasts, but I don't think I've quite seen you this excited before!  |
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nereer
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Why settle for the lesser evil?
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May 16, 2011, 11:26:56 AM |
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Jason
If you are watching this thread I have a question for you:
where do you see the investment opportunities in bitcoin? what kinds of projects will angel investors be receptive to?
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5cenr0
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May 16, 2011, 11:41:13 AM |
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I saw bitcoin about a month ago and it peeked my interest some. Just read that article and it reminded me. I'm a complete newb at this whole concept though so if there is a 'Bit Coin for Dummies' breakdown somewhere i would greatly appreciate it. I only vaguely understand how it works.
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kangasbros
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May 16, 2011, 12:09:37 PM |
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MtGox is probably going to go down at some point, targeted by hostile government action. Personally I don't think it's a bad thing, I agree with that crazy Russian guy allegedly behind the ddosing, the Gox is starting to resemble a monopoly and I don't like to see one organization acquire so much power over such a revolutionary economic force as btc.
I don't know what conversations take place in MtGox's 'boardrooms' so to speak, I'm sure the crowd behind MtGox are stand-up guys but the sooner we have a vast range of competing exchanges in various countries the better.
Well, I think that the reason why mtgox is so popular is that it's the best exchange. At least for european transfers it's very easy and cheap too. All others I have looked at haven't offered such features as mtgox. |
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ploum
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May 16, 2011, 12:20:28 PM |
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if there is a 'Bit Coin for Dummies' breakdown somewhere i would greatly appreciate it.
That's what I tried to write here: http://ploum.net/post/bitcoin-bubble (for those who like to read) It's not about how it works, it's just about the concept of an e-currency by itself. |
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Nesetalis
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May 16, 2011, 12:44:34 PM |
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i take advantage of another electronic currency... secondlife's linden dolar. virwox trading is a bit slower than the others, but since i have a SL buisness, it makes a nice and tidy package for me.
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ZOMG Moo!  |
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