Hi everyone,

I broadcast speed chess on Twitch, and tomorrow I'm integrating ChangeTip into the stream to sponsor micro-contests with live viewers. Tomorrow (Thursday, April 30) at 6pm GMT, for Episode 132, we'll be giving away bitcoin prizes to the quickest solvers of some chess puzzles. If it goes over well, I hope to integrate a lot more bitcoin tipping in future episodes.

Live stream: http://twitch.tv/chesswhiz
YouTube archive: https://www.youtube.com/user/chesswhiztv
Team forums: http://lichess.org/team/chesswhiz-tv

Would love to see you there -- show your support of bitcoin!  

This is a reasonable accusation. However, if I were bagholding, I would just sell, and buy up a coin I believed in. I recommend for anyone who holds Peercoins, but thinks that Peercoin has no future, to just sell their coins.

Anyway, I wouldn't put all the effort into making this video if I thought the coin was dying. If you search the internet, you will find a LOT of people in late 2011 announcing the death of Bitcoin after it crashed from $35 to below $3. The arguments were quite convincing, yet they were wrong. I think Peercoin is currently going through a similar phase.

This is a great point.

You might want to subscribe to the Youtube channel. I hope to produce videos on some of the major attack vectors to POS (bribing large stakeholders, nothing-at-stake minting on multiple blockchains, long-distance attacks using addresses that used to hold coins, etc.) in future videos.

POS does face challenges, though they are outside the scope of the video. Mining centralization has been talked to death already, it's true, but the block reward issues are not as widely discussed. Check the 21:40 point in the video for details on block reward issues.

Hi everyone,

I just launched an "Intro to Peercoin" video where I explored in detail some of the long-term challenges of bitcoin network sustainability, such as:

• Mining pools and centralization
• Reward halving and network destabilization
• Block rewards vs. transaction fees

If you're interested in bitcoin over the long haul, you might want to check it out.

https://www.youtube.com/watch?v=A2jx1TlkMBs

Enjoy!

804617

You're being very foolish.

Go re-read the post by TheDjinni on the second page. This is the correct answer.

Regarding tax, yes, you must pay capital gains tax, unless you would like to go to prison. However, you shouldn't be so sure about making money with this idea.

The deposit has now arrived. Thanks.

It's not clear how effective my posts here were in getting this cleared up. I had already used the "Contact Us" link on the site, with no results.

Think about this for a while, and you'll realize why it wouldn't work. There's no true correlation between IP addresses, email addresses, and people. If you think it would work, I challenge you to do one of the following:

1) Send an email to every email address in the world.
2) Send a message to every IP address in the world.

Good luck! 

It has been over two days now, waiting for my pending BTC deposit. WARNING to all those considering dgex.com!! GCInc, please correct this ASAP. Thank you!

EDIT: The deposit has since arrived.

I believe this is the correct answer. It won't do much to the exchange rate, I think, because the buyer(s) may not sell them on an exchange, either. Of course, I could be wrong about that. 

The actual transaction is this one: https://blockchain.info/tx/0322d392a69c8e1b5e54f9a3a48964a4c778c155503005f5bddaef95ae75ee64

Not sure where you got that other transaction ID. The amount of 0.01605 BTC is correct.

My account 405 still has its deposit pending. Been that way for over 24 hours.

This is an amazing statement. It needs to be repeated.

NEVER use the same password for any two websites, no matter how safe they seem.

This alone should be a sign to stay away. I've been hearing about more and more issues with BTC-E recently. You can't be too careful.

I think would be pretty effective for a government to make it illegal to exchange or facilitate exchange between that country's national currency and BTC. Such an action would force most of the legitimate BTC commerce in that country to shut down, if done today.

It has to do with the trajectory of the difficulty chart. Higher difficulty means fewer BTC mined by the same hash rate. http://blockchain.info/charts/difficulty

This simply means that Germany is ready to tax your bitcoins. I think you can expect the same treatment from other countries.

Today, 25 BTC is $25,000. It is also true that, if 272,000 people today each owned $25,000 (and no loans) we would be out of supply of dollars. The key here is that the loans create the supply.

OP, have you followed your own steps and become a millionaire yet? If so, why are you wasting time here? Go earn your next million.