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Showing 20 of 339 results by Francesco
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Topic
Board Scam Accusations
Re: FPGAMINING scam ongoing
by
Francesco
on 03/12/2013, 23:50:23 UTC
Anyone remember the FPGAMINING issue?

More like the "I could be rich by now why did I ever bother with "investing" -damnit" issue? Yeah, I quite remember. Well, lesson learned.
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Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Francesco
on 27/11/2013, 02:15:48 UTC
I have tried catching the fall every time, but lately, I constantly find I would have been better off just holding them. Guess that's what I'll do from now on  Roll Eyes
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Topic
Board Securities
Re: [BitFunder] Bitcoin Pride - Bitcoin Shirts
by
Francesco
on 12/11/2013, 18:41:12 UTC
Quote

"yo man 'tsup?"

"'tsup, dude. you got any weed?"

"nah. you want a very special set of bits? They sell 'em for 350$ each"

"wuuut?"

no need to repeat that scene  Roll Eyes
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Topic
Board Securities
Re: [BitFunder] Bitcoin Pride - Bitcoin Shirts
by
Francesco
on 12/11/2013, 11:30:11 UTC
So you will sell the business and distribute the profits among shareholders on BitFunders?

The deadline of the shutdown of the site is approaching quite fast...
Checkout the auction, tell all your friends! https://bitcointalk.org/index.php?topic=320690.0

I doublt I have friends interested...
Post
Topic
Board Securities
Re: [BitFunder] Bitcoin Pride - Bitcoin Shirts
by
Francesco
on 12/11/2013, 00:51:37 UTC
So you will sell the business and distribute the profits among shareholders on BitFunders?

The deadline of the shutdown of the site is approaching quite fast...
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Topic
Board Annunci
Re: [TOPIC UFFICIALE] Ripple (p2p market / exchange)
by
Francesco
on 10/11/2013, 22:32:20 UTC
Mhh, il fatto che si sia ancora qui a discutere delle stesse cose di 6 mesi fa mi fa leggermente dubitare dell'intuitività del sistema.

A che punto siamo con l'adozione?
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Topic
Board Service Discussion
Re: Uh oh, btcchina.com is down.
by
Francesco
on 10/11/2013, 03:36:08 UTC
Well one hopes they at least have implemented adequate anti-DDoS protection. They could've purchased it from Baidu Jaisule with bitcoin! Grin

The error we see is from Incapsula, which SHOULD protect against DDoS! http://www.incapsula.com/ It looks like it's really the servers; or could the attachers have bypassed the CDN?
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Topic
Board Bitcoin Discussion
Re: The snowball effect of bitcoin-only sale
by
Francesco
on 17/06/2013, 21:15:55 UTC
  • Their suppliers and employees want to be paid in FIAT. Since all of their suppliers want to be paid in FIAT.
  • The market cap of Bitcoin is now high enough that one high-end product line won't move the price much.
  • If successful, they will run into Bicoin scaling issues.


What he said.

Somewhere down the line, fiat is required.

Unless the business can convince their direct supplier to accept BTC, it will be darn near impossible to produce a product funded solely with BTC.

That's where Ripple comes in. If you can convert your bitcoins on-the-fly to pay others who don't accept it -then it works.
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Topic
Board Speculation
Re: Criptocoins vs. Linux
by
Francesco
on 21/05/2013, 13:17:24 UTC
With linux you have to do a choice, as in either Windows or Linux.


What?

You can install Linux alongside Windows, it takes at most 1 min or so to change from one to the other.

You can run one inside the other inside a VM (some do so, if the office doesn't allow them to install a new OS)

You can even install Ubuntu from inside Windows as a program, with Wubi (or any distro with Unetbootin).

Just because the common people don't know how easy it is doesn't mean it isn't. There is no choice to be made if you don't want to; just as with bitcoins. It's only the difficulty to start using something new and different, not pushed and supported by some huge corporation.
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Topic
Board Off-topic
Re: Religious beliefs on bitcoin
by
Francesco
on 21/05/2013, 12:20:31 UTC
I introduced bitcoin to a friend and they started talking about how the bible predicts a currency take over and its the start of the Revelation.

Has anyone else run into this problem?

was he referring to verses as "and the beast will impose its mark on them, and no one will be allowed to trade without the mark" in the apocalypse? Or what else?

Please post the exact reference, it must be funny!
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Topic
Board Speculation
Re: Criptocoins vs. Linux
by
Francesco
on 21/05/2013, 12:12:46 UTC
Server and other does not matter, it is a different story. Banks do not need bitcoins between them.
And even if they did adopt the idea, they would just fork a chain they control. As they would do to use it as an embedded hiddel layer in a commercial app. Just like Ripple did, after all. Nothing good for Bitcoin comes from the equivalent of "server" and "embedded" uses.
I was talking about mass direct user adoption, which apparently didn't happen for Linux. I am using numbers from http://www.w3schools.com/browsers/browsers_os.asp. Being a site for programming enthousiasts, I figure it must be at least double than the real usage. And most importantly, the number is not increasing since 2010. And Android does not count: as someone noticed, what I was really refering to is GNU/Linux, which Android isn't -it falls under the "embedded" category for my purposes; a layer which enables something else. And that in case of cryptos, it would be probably a blockchain premined by Google.

Discolsure: I do not hate Rpple or Ubuntu; in fact, Ubuntu is almost the only operating system I have used in the last years.
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Topic
Board Beginners & Help
Re: 1+ free Ripple BTC giveaway - just post address! (Over 455 BTC gaveaway)
by
Francesco
on 20/05/2013, 17:32:38 UTC
It is all REAL BTC.

No it's not, it's a BTC IOU.  If it were real BTC you'd be able to spend it right away.

It is a promise to pay 1 BTC, is it not, a promise that is automatically and digitally made liquid the second you are trusted by anybody with a BTC IOU from a trusted source.

TradeFortress walked in to this with eyes wide open, hoping for exactly this result. It has happened, he has taken out 10.15 BTC worth of debt from a trusted source with me, which he now owes me. It's not my fault he's given it away.

More to the point, many other people could have been deceived out of up to 100 BTC each (and still could be), and 445+ people have been (potentially) let down by TradeFortress's as yet unfulfilled promises.

If this isn't a deceitful, foolish, untrustworthy, dirty thing to do, what is?

The idea behind Ripple is that you should only trust people you believe will pay for some good reason. If you trust random people, your problem, this is my position.
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Topic
Board Speculation
Topic OP
Criptocoins vs. Linux
by
Francesco
on 20/05/2013, 07:40:24 UTC
Come to think of it.

* Both free, versatile, powerful, in short awesome
* Both faced with a competition either inferior or insanely priced, and in any case unfree as hell.
* Both with a base of enthusiast supporters all absolutely sure that "this year will be our year, we will take over the world!". Every year.

Except Linux has been around 23 years now. It has been adopted by maybe a 2% of tech enthousiasts, and behind the scenes by many big players as an invisible base for their services -but common people apparently still love to defragment and scan for viruses. Although many know there is something called "linux"; just as many have heard of bitcoin recently.

Still, the mental effort required for the change is commonly believed to be too much -although the transition has arguably been made as easy as it could possibly be.
So apparently, without a (really) big company to push for adoption, universal success among common people is unlikely.

(Oh: among crypto, Bitcoin is Debian -and Ripple looks a lot like it could be Ubuntu)
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Topic
Board Annunci
Re: [TOPIC UFFICIALE] Ripple (p2p market / exchange)
by
Francesco
on 19/05/2013, 22:26:48 UTC
Altra cosa necessaria è permettere di ottenere più facilmente gli XRP iniziali. Non è possibile che tutti debbano andare sui forum a chiederli in regalo/prestito, o perfino a comprarli a 3 volte il prezzo di mercato, è ridicolo...
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Topic
Board Altcoin Discussion
Re: Litecoin Price
by
Francesco
on 19/05/2013, 22:24:35 UTC
I have bought Litecoin in the hope that after all this alt-coin chaos people will turn to the only established alt  Smiley

(oh, and I bought some PPC too, since it's the only remotely innovative)
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Topic
Board Beginners & Help
Re: Best exchange given all the latest headlines?
by
Francesco
on 17/05/2013, 23:18:16 UTC
Was considering trying to open a Mt.Gox account.... now considering buying from BitStamp or CoinLab. Any idea which is easier/safer/better?

To be honest, I'm not looking to send $$$ to any BTC trade network. Just looking for a way to accept a new form of payment...

So I would take in BTC and cash out USD whenever I feel the need or need capital to replace inventory sold.

What exchange would you suggest for a merchant???

I'm assuming when you signup you get a BTC "address" or whatever it's called, for someone to pay you with???

Thanks in advance!

You get an adress to deposit BTCs, yes. I have used both MtGox and BitStamp, both work, it depends on your preferences (and location: BitStamp is better for europeans for instance).

 If you are going to use it for business, though, I recall there are services specifically targeted at making your life much easier than it woyuld be with a bare-bone exchange functionality, might be worth searching for them.
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Topic
Board Altcoin Discussion
Re: So, is Ripple a scam?
by
Francesco
on 17/05/2013, 23:12:07 UTC
No this is not a scam. The difference, ripple is controlled by a company just like paypal, payza, moneybookers, libertyreserve, webmoney, perfectmoney. They are created for profit.

It is at the moment, but it is stated that it's in beta. People who believe in it count on the fact that it will become open source and distributed.

Ripple is no more than a promise.

Do you use an exchange? The numbers you see in you balance are a 'promise'.
Just don't trust people you wouldn't trust otherwise.
Post
Topic
Board Scam Accusations
Re: TradeFortress is a scammer.
by
Francesco
on 17/05/2013, 12:51:32 UTC
Ripple IOUs are binding agreements if and only if people believe they are.

Just as US police could or could not decide bitcoins have value, and thus persecute or not persecute someone who stole them. Same thing: the infrastructure is there, we give it meaning.

Anyway, never trust people not trustworthy, and the problem will go away by itself.
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Topic
Board Beginners & Help
Re: 1 free Ripple BTC giveaway - just post address! (Over 50 BTC gaveaway)
by
Francesco
on 17/05/2013, 12:35:28 UTC
Quote
The fact that BTC fees don't dissapear doesn't really matter. XRP's dissapear and their value simple get's spread over the remaining one's, everyone get's richer at the same time (well, richer in IOUs that is).

That's not true, XRP are a cryptocurrency and you do own it directly, it's not a IOU.
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Topic
Board Beginners & Help
Re: 1 free Ripple BTC giveaway - just post address! (Over 50 BTC gaveaway)
by
Francesco
on 16/05/2013, 15:32:43 UTC
I managed to loan XRP to activate my ripple account, send away!

rD8mnWKa6NKTMqetteLZDkuztBVPoSFxRP

Funnier and funnier.