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Showing 20 of 75 results by bitcoin_purist
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Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
bitcoin_purist
on 24/07/2015, 20:42:57 UTC
TO THE MOON    

TO URANUS        

TO THE OORT CLOUD        
 
TO THE MACS0647-JD GALAXY




CONFIRMED





Good one, thanks for the laugh Grin
Post
Topic
Board Altcoin Discussion
Re: Litecoin up, Bitcoin down
by
bitcoin_purist
on 25/05/2015, 23:35:31 UTC
Well, I'm glad I got rid of almost all my alts.
You could say I was some sort of a bag holder.
Now I'm 97% btc, selling the remaining alts before the end of the year.
Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
bitcoin_purist
on 01/05/2015, 10:54:03 UTC
ATTENTION BITCOIN PURISTS!!!
There is only one, and that's me.



http://www.zerohedge.com/news/2015-04-30/first-blythe-masters-now-goldman-investing-bitcoin
Quote
The bad news is that any hopes and aspirations of making a libertarian statement against the status quo by transacting with a monetary medium that now has the full backing and endorsement not only of the biggest commercial banks, but the Fed itself, is now history.

Oh noes!! Bitcoin doomed!


* seriously though, one could get almost 500 463 Monero per bitcoin right now, if one was so inclined...

** edited for accuracy  Cool

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Topic
Board Speculation
Re: Not another is Bitcoin dead question?? BUT...
by
bitcoin_purist
on 29/01/2015, 12:32:51 UTC
What would be an alternative to Bitcoin at this time??
There is no alternative for Bitcoin, Bitcoin IS the alternative.

It's just that TONS of people don't understand it. Yet.

Bitcoin is by no means 'disappearing', on the contrary. There's an enormous ongoing boost in development, start ups, investments in Bitcoin companies and services, market growth, acceptance, and whatnot.

But there's also a whole bunch of retards panic selling and only looking at the daily price. Maybe that's what you're referring to?

Buy and hodl if you don't know how to trade.
Never sell your coins with a loss.
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Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
bitcoin_purist
on 21/01/2015, 20:16:23 UTC



Yeeeeeehaaaa. Pump it up. Pump it to infinity and beyond
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Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
bitcoin_purist
on 21/01/2015, 20:07:56 UTC



Too bad,... I'm not finished yet with accumulating


Ninja profit in minutes. Wink /s
Don't wait too long, buy now or cry later.
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Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
bitcoin_purist
on 21/01/2015, 19:56:02 UTC



Too bad,... I'm not finished yet with accumulating
Post
Topic
Board Bitcoin Discussion
Re: Bitcoin needs Regulation to save itself from Forex traders!
by
bitcoin_purist
on 21/01/2015, 19:37:23 UTC
There is a huge assumption that bitcoin will be 200$ in 150 years.
You've missed like 40 zeroes on there.
Hyperinflation FTW! Grin
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Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
bitcoin_purist
on 14/01/2015, 10:17:17 UTC
New poll please:
Moon within 5 months
Yes
No
Post
Topic
Board Investor-based games
Re: Ponzi Schemes On The Rise Raking In Bigger Amounts Than Ever
by
bitcoin_purist
on 11/01/2015, 11:21:23 UTC
...If it is too good to be true, avoid it.

Then you should avoid bitcoin in the first place.
Bitcoin is too good to be true. It's almost perfect.
Post
Topic
Board Bitcoin Discussion
Topic OP
POLL: When should bitcoins be considered lost forever
by
bitcoin_purist
on 10/01/2015, 14:17:11 UTC
You can only know for sure that someone is in possession of a private key when coins are spent, but large amounts of unspent coins could create uncertainty to trust the system because they have influence on the trade markets when they are spent.

So I was wondering, when do people agree to be 'sure' that coins are lost forever and not stored in a savings account?
My first guess would be the average life expectancy, roughly 77 years.

edit: added option 'never'
Post
Topic
Board Bitcoin Discussion
Re: 180 Coins Stolen From my wallet 1GpUcrJ1Zo6ZJWgw7HQT7nADijY5a3dcCh
by
bitcoin_purist
on 10/01/2015, 13:58:58 UTC
almost 7 fking years later, people still get their money stolen, this bitcoin has one huge flaw, nobody understands how to secure this shit, satoshi is a failure

7 years later, hackers still take massive effort to steel other peoples bitcoin.

You tell me how something so worthless still get stolen Wink


This is not bitcoin's fault, if you saved your online-banking login details as plaintext in an email; the same thing could happen.

Sorry for your loss OP, thieves will be thieves!

But then they might let other people pay for your loss by inflating the money supply and compensate you.
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Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
bitcoin_purist
on 09/01/2015, 18:27:59 UTC
I don't know if this was posted on here or not, but here it is:

http://www.coindesk.com/analysis-bitstamp-hacker-stolen-additional-1-75-million/
I'm very happy they are still more than worthwhile to steal.
Means we're still in business
Post
Topic
Board Services
Re: To anyone who is unable to run a signature campaign
by
bitcoin_purist
on 06/01/2015, 14:42:56 UTC
I'm running a very cost-effective and high-bandwidth VPS that is dedicated to acting as a relay, and am not even breaking even with this, even though it's been sitting and increasing its consensus fraction in the network for months now. I might be shutting it down very soon if I run through another billing month as a loss.

How much you are currently earning from the tip?

This dude (92.24 MB/s) exit and guard  gets 3,96% of donations, whatever amount is donated.

This dude ( 3.47 MB/s) exit and guard node gets 0,1%


There are a lot of factors involved. You only find out if you try.

These are the latest donations

But my point was that people should advertise for this service when they can't run a sig campaign because it makes the world better and I receive satoshis Smiley
The more people advertise, the more gets donated, the more you receive.
Unicorns.

My 5 vps has 100 MB/s speed. That is the bandwith I would get if I run the tor relay?

Probably, if your CPU and mem can catch on try it out to find out. I'm a noob just figured how to run this thing.

Just search on the internet, there is loads written about it.


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Topic
Board Services
Re: To anyone who is unable to run a signature campaign
by
bitcoin_purist
on 06/01/2015, 13:16:13 UTC
I'm running a very cost-effective and high-bandwidth VPS that is dedicated to acting as a relay, and am not even breaking even with this, even though it's been sitting and increasing its consensus fraction in the network for months now. I might be shutting it down very soon if I run through another billing month as a loss.

How much you are currently earning from the tip?

This dude (92.24 MB/s) exit and guard  gets 3,96% of donations, whatever amount is donated.

This dude ( 3.47 MB/s) exit and guard node gets 0,1%


There are a lot of factors involved. You only find out if you try.

These are the latest donations

But my point was that people should advertise for this service when they can't run a sig campaign because it makes the world better and I receive satoshis Smiley
The more people advertise, the more gets donated, the more you receive.
Unicorns.
Post
Topic
Board Services
Re: To anyone who is unable to run a signature campaign
by
bitcoin_purist
on 06/01/2015, 12:53:44 UTC
How much tip I could earn every node? I have 5 unused vps that is payed for 2 years.
I don't know, depends on a few factors like stability, speed, exit/relay node etc.

From the website:

Quote
Using the options above you can filter the set of relays that you would like your donation to be sent too. Your donation will then be divided among the relays listed below according to their Donation Share. The donation share is proportional to each relay's bandwidth contribution to the Tor network. If the share of your donation to an individual relay is too small it will be redistributed to other relays.

Don't expect to earn back your costs, it's not effective. But since you paid for them anyway, you might be lucky Satoshi donates a few 10k satoshi to us Smiley
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Topic
Board Services
Re: To anyone who is unable to run a signature campaign
by
bitcoin_purist
on 06/01/2015, 11:45:56 UTC
I'm running a very cost-effective and high-bandwidth VPS that is dedicated to acting as a relay, and am not even breaking even with this, even though it's been sitting and increasing its consensus fraction in the network for months now. I might be shutting it down very soon if I run through another billing month as a loss.

That's the point. I'm running the relay for fun and to support the network. I'm planning to run a hidden bitcoin node as well, but not to make direct profit, but to support.
It's running on a low power MK802 arm device, 5 watts 7mbps up/down.

I consider everything donated as a nice tip, not to make profit. Although it would be nice to receive some huge donations of course but I don't aim for it.
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Topic
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Topic OP
To anyone who is unable to run a signature campaign
by
bitcoin_purist
on 06/01/2015, 10:04:03 UTC
Consider to support TOR in the meantime while you are not able to run a signature campaign.

There is a website where people can donate bitcoins to nodes.
The website says: Your donation will then be divided among the relays listed below according to their Donation Share. The donation share is proportional to each relay's bandwidth contribution to the Tor network

I suggest you to put this in your signature:
Code:
[url=https://oniontip.com]Donate to volunteers who are running Tor relays which support a powerful tool that helps you stay anonymous online.[/url]

And for people wondering, yes I am running a node (3 days) and yes I will benefit. But not much, because I'm at place >500 and haven't received any satoshi as of yet. Grin

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Topic
Board Off-topic
Re: Riemann hypothesis - Proof
by
bitcoin_purist
on 06/01/2015, 09:49:16 UTC


The problem here is that conventional mathematics uses a flawed (i.e., partially anti-symmetric [i.e., one divided by infinity is equal to zero and one divided by zero is undefined]) numerical system. The Riemann hypothesis should be provable when using Earth’s numerical system with the system’s zero approached from the positive direction (which is of greater magnitude than its positive infinity) in the place of the traditional infinity of the conventional Riemann zeta function.

Quote from: Earth’s set of all real numbers
Code:
ℝ = {0⁻, −∞, …, −1, …, −⅟∞, −0⁻, −0⁺, ⅟∞, …, 1, …, ∞, 0⁺}

I don't understand sh*t of what you just said, but it looks important Smiley
However, what does this have to do on the economics forum? Isn't it a more appropriate place to put it in the development board if this has technical implications for the functionality of bitcoin or crypto in general?
Post
Topic
Board Bitcoin Discussion
Re: Why You Should Not Attend The Miami Bitcoin Conference
by
bitcoin_purist
on 02/01/2015, 22:58:21 UTC
Interesting article about how Paycoin blowing up could severely damage BTC and cryptocoins in general.

https://medium.com/@BTCtom/this-isnt-awesome-shit-it-isnt-gawsome-bfe1fe3f0347

I think it is the opposite for bitcoin.
People will see that alts are mostly scams and bitcorn can be trusted because it's much bigger.