Search content
Sort by
Showing 20 of 114 results by Eotnak
You basically received a payment from someone and you want to return the money back ? If you know your receiving address then just type it on blockchain.info or any other blockexplorers and you should be able to see the transactions and that includes the sender addresses.
I figured I would take a percentage, but sending back to the sender's address would not mix them, If I'm not mistaken.
FTC shut them down, then let them open back up to make enough money to settle with them. FTC gets $38.6M, meanwhile people like me are out thousands of dollars for pre-ordering their equipment that wasn't delivered until it was obsolete.
For a while, I was taking phone interviews with FTC lawyers until I realized they weren't going to do shit for me. I stopped answering the phone. FTC gets millions of dollars of money from people like me "for the people"
For a while, I was taking phone interviews with FTC lawyers until I realized they weren't going to do shit for me. I stopped answering the phone. FTC gets millions of dollars of money from people like me "for the people"
I have an account with bitcoinwallet.com. I only set it up because I was able to set my username to be "username" (same thing with onename/support). I don't use it for anything, but I have gotten a couple payments for $25 with a Blockchain wallet ID in the comments. I though it was someone trying to mix them up, but I couldn't figure out how to send BTC to the wallet ID without a Bitcoin address.
Any ideas? Otherwise I'm just going to keep them and enjoy watching my wallet grow.
Any ideas? Otherwise I'm just going to keep them and enjoy watching my wallet grow.
1 BTC shipped...about what you would pay in USD on ebay right now. We'll use escrow, of course, if you wish.
ASUS Celeron 1.1 GHz 2GB RAM 15.6" 1366 x 768
http://www.newegg.com/Product/Product.aspx?Item=N82E16883220300
Upgraded to Win 7 Pro from home premium, so it is better than new in that sense.
It's cheap and small at 15" works really well for Microsoft software, but my client's proprietary software report generation was too intense for it. It turned out that I needed a minimum of i5 processor. So this was used for a month. I upgraded its twin to 4GB RAM and that speeds it up quite a bit, but not enough for the client's needs.
ASUS Celeron 1.1 GHz 2GB RAM 15.6" 1366 x 768
http://www.newegg.com/Product/Product.aspx?Item=N82E16883220300
Upgraded to Win 7 Pro from home premium, so it is better than new in that sense.
It's cheap and small at 15" works really well for Microsoft software, but my client's proprietary software report generation was too intense for it. It turned out that I needed a minimum of i5 processor. So this was used for a month. I upgraded its twin to 4GB RAM and that speeds it up quite a bit, but not enough for the client's needs.
Stating the obvious but it's not that BItcon can't be divided up, what I'm saying is overall supply will decline due to deaths and loss, more significantly than we think. I wouldn't think its crazy to say we might lose 1-3% in this way annually, that figure is plucked from my butt but still I'm betting it's significant.
My point is this gives Bitcoin a natural price increase all other factors equal.
My point is this gives Bitcoin a natural price increase all other factors equal.
The real problem with the coins burnt/lost is the uncertainty of whether the coins lost are really lost or just temporarily inactive.
Imagine what happens when 10,50,100 years from now there are only ~BTC100k bitcoins in circulation (not a problem as it can be infinitely divided), and then you manage to recover the priv key to the wallet (say your deceased grandpa's) containing BTC50k, which everyone considered "lost coins".
The very first moment you would make any withdrawal from that wallet, you will cause a massive panic and crash the market.
I'm not that much worried about the lost coins (due to death etc), I'm sure there will be a lot of solutions in the near future. But I'm slightly concerned about ideas such as Proof-of-Burn used in OpenBazaar:
https://blog.openbazaar.org/proof-of-burn-and-reputation-pledges/
more like it would be a minor news blurb, "oldest wallet in use is no longer xxxx it is now yyyy". Kind of like when a 120 year old person celebrates a birthday these days. You click on the article, say, "hmm." and then make a stupid tweet.
I agree, I'd rather use something that is decentralized. Inevitable though? No.
*People* will go with what is cheaper, easier to use, most effective, in that order. Maybe somewhere further down in that list is decentralization.
*People* will go with what is cheaper, easier to use, most effective, in that order. Maybe somewhere further down in that list is decentralization.
Bitcoin sidechains will completely eliminate the needs for altcoins.
And is there any need for altcoins or sidechains in first place ?
I only using Bitcoin and I dont see reason to use anything else.
I see potential for sidechains to test new technologies and code changes. To kill off altcoins for good would be great too. I know there are problems with sidechains but that is just my sound bite level knowledge talking.
The Great Flood of Noah's day was only about 4300 to 4400 years ago. Since that flood wiped everyone except Noah's family from off the earth, that means that the currency system isn't more than that old.
In addition, the currency almost assuredly wasn't used by Noah. What would he use it for? Any barter he did, would have been between him and his children and grand children, etc. Who needs money for that?
Probably the oldest money system that we could connect to is way less than 4000 years old.
You do realize pyramids are older then that. As well as some trees. Trees for god sake. Not to mention a lot of other things that would not be possible if human population was reduced to one family. In addition, the currency almost assuredly wasn't used by Noah. What would he use it for? Any barter he did, would have been between him and his children and grand children, etc. Who needs money for that?
Probably the oldest money system that we could connect to is way less than 4000 years old.
Not true. Carbon dating and things like dinosaurs were invented and implemented by Satan. The truth is that Noah was incestuous and we are all retarded as a result.
Last time I checked, there was no discount for using bitcoin. For me personally, there was no incentive to use bitcoin. As a bitcoin enthusiast, however, I always check Overstock and Newegg first when making a purchase...and I use $US. Why should I spend BTC which I value when I have USD to dump on them? Why should I spend the exchange fees to purchase BTC and send it to them?
The incentive shouldn't be to get a discount but to support both bitcoin and merchants. Why spend fiat? Don't buy from exchanges if you don't want to pay any fees.
please do some research, reread my post, then edit or delete yours.
Last time I checked, there was no discount for using bitcoin. For me personally, there was no incentive to use bitcoin. As a bitcoin enthusiast, however, I always check Overstock and Newegg first when making a purchase...and I use $US. Why should I spend BTC which I value when I have USD to dump on them? Why should I spend the exchange fees to purchase BTC and send it to them?
So the 1% direct sales is just another small part of a bigger picture that can only be estimated, much like all things decentralized, open source, and bitcoin.
So the 1% direct sales is just another small part of a bigger picture that can only be estimated, much like all things decentralized, open source, and bitcoin.
Re: San Francisco Folks: I'll pay 200,000 Bits for care package delivery (Pizza+)
I clicked because I wanted to know what 200,000 bits equals in Bitcoin. But then I realized I don't care.
Seriously though, nice exercise, and I'm glad it's going through.
Seriously though, nice exercise, and I'm glad it's going through.
He made one good point at least. Confirmation bias. There's plenty of that going around. Almost as much as in the skeptic community.
There may indeed be a lot of confirmation bias on this forum. It is a Bitcoin forum, after all.
But... anyone who has bothered to discuss Bitcoin with non-Bitcoiners outside of this forum setting has probably experienced more than a healthy amount of skepticism to keep things balanced.
That's my point exactly. Let's discuss the pros and cons and all the negatives as well as positives and come away with a good grasp of the reality of everything, and then we can move forward and sort the FUD from the truly bad stuff and then fix it.
Or we can all circle jerk like the skeptics but feel enlightened because we're in a different camp...circle jerking
Yep btc sucks
It was what 3 bucks a couple of years ago
Now it's ONLY 115 times that
A definite bad investment
haha
Personally I hope it does fall to 100 or 50
The fact it is now so integrated into major retailers acceptance and running online btc gambling means it will be 3K to 5K end of 2015
More and more retailers take it and more and more general public acquire it for gambling and drugs and whatever
If you had 100K in 1974 and kept it in USD what would you have today
100K that buys 10K of stuff in dollar value from 1974
So the USD sucks, the stock exchanges are rigged and the only thing that is somewhat 'real' as to a real market value is btc
yeah btc sucks
LOL
NOT
It was what 3 bucks a couple of years ago
Now it's ONLY 115 times that
A definite bad investment
haha
Personally I hope it does fall to 100 or 50
The fact it is now so integrated into major retailers acceptance and running online btc gambling means it will be 3K to 5K end of 2015
More and more retailers take it and more and more general public acquire it for gambling and drugs and whatever
If you had 100K in 1974 and kept it in USD what would you have today
100K that buys 10K of stuff in dollar value from 1974
So the USD sucks, the stock exchanges are rigged and the only thing that is somewhat 'real' as to a real market value is btc
yeah btc sucks
LOL
NOT
There it is.
Bitcoin is a terrible short term investment. I buy, but that's because I'm going looonnnggg!
Re: Are there non-scammy scrypt cloud mining services out there?
Now that's a helpful website QuestionAuthority thanks, lots of user reviews is just what I need, I spotted some review sites out there but they were clearly ad backed and posting dodgy reviews.
And I'm sure that they're not shills...
everything you need to know is in every post of this thread so far. I'll add 2 things:
profitable miners buy they're own hardware, mine with it, then sell the hardware before it becomes totally worthless.
If I had old hardware that I wanted to squeeze a little more money out of, I'd start a cloud mining company.
Because majority of the forumers here think wall street managers are idiot and will buy bitcoin and hence bring the price to the moon.
Weellll, yes, but there's also the fact that I can't buy Bitcoin with my 401k account, and most fools and their money have heard that penny stocks are bad by now. But Bitcoin! Hey Phil, this is your broker, wanna buy some Bitcoin? Have you heard of this??? It's the latest thing, here are the numbers, you can Google them if you don't believe me!
ETF is just another notch in the bedpost, and it will bring in some demand. How much is anyone's guess.
Re: Businesses get $25,000 fine for using Bitcoin, $2507 fine for gov officials
How would this even be enforced?
Simple. Use the DRM already built into Microsoft and Apple products, and you have control over 98% of the desktop / laptop market.
I smell a new flavor of Linux: Bitux
As soon as someone works the Kernel, I'm going to get to work on the dual boot install script for Windows users.
One has to be careful here since there are ex2/ex3/ex4 drivers for Windows so it is possible for the Windows system to wipe out files in the GNU/Linux dual boot. A similar thing can also occur with network shares on a GNU/Linux machine that can be written to from Windows. Before one starts to think of paranoia here there are a few things to keep in mind. Microsoft has provided the FSB (The successor the the KGB) with access to the Windows source code. There is also the section in the Windows EULA on malicious software. One must keep in mind that if the Russian Government deems crypto-currency illegal then Microsoft would be within their rights to remove any crypto-currency software, including such files as wallet.dat, from computers running Windows in Russia. Then there has already been a precedent of Apple using the DRM in IOS to suppresses the teachings of the Dalai Lama at the request of the Chinese Government.
Wow I had no idea about the FSB and Dalai Lama stuff. I guess Bitux will have to run alone with warnings about dual boot systems. Plus there's also Android! Who wants to make the Russian Bitcoin ROM?
He is very careful to mention that he doesn't think BTC will be the one. More and more I get the feeling that btc is the experiment. They will watch it and learn as it fails, then make a crypto that fixes everything that is wrong and copies everything that works, put their billions into marketing and infrastructure (or hop on btc's existing infrastructure) and go from there. Like he says - most don't care about anonymity, they want security and convenience.
Not good news for btc imo
Not good news for btc imo
Yup, I keep reading this from this person and that person, but no one can come up with a scenario. Bitcoin is the first of a new technology. It is so new that the old rules just don't apply. This isn't Blackberry vs. Iphone.
Some altcoin comes up with a "killer app" or innovation that makes Bitcoin obsolete, and Bitcoin users refuse to hard fork to compete? Cmon!
The only thing that is remotely possible is some organization with HUGE credibility comes up with THEIR altcoin and sheeple flock to it. And in that scenario, it would only compliment Bitcoin, not obsolete it. Plus, who is going to dump the resources into what it would take to compete with Bitcoin as it is today? No one. Let alone what it would take when/if Bitcoin shows undeniable success to EVERYONE.