Looks like I'll be putting up my Gary Johnson sign again.  

I must believe that people that select Trump don't know his stance on the issues.

Edit:  I don't even want to associate will you people anymore.

https://www.facebook.com/TheYoungTurks/videos/10153362247819205/

Too bad this coin is related to that horrible movie.   Three stars in Orions belt are the three kings at Jesus' birth?  Virgo looks like an M, so... Mary?  

I lost lots and I have called the situation "funny".  But of course if you had a large majority of your coins at MtGox then yeah I could see how that is really depressing.

I tried to sell 10 at 500, but I accidentally put in a buy order.  Imagine my confusion the next day.

I had no withdrawal issues, at least no more than I had with any other exchanges.  But perhaps it was stupid of me for thinking that they were honest about their cold storage.  However, any exchange may not have enough (or may simply decide not) to pay your balance.

170 BTC.   Well, that was at the end of it all. 

I, like any reasonable person would, had most of my Bitcoin in several cold storage wallets.  But I did have Bitcoins, not an insubstantial amount, on several exchanges including MtGox.  I also saw a nice lawyer lady today.  I also took all my Bitcoins out of every exchange.  You should too.

Stop trading, folks.  If Mark can get away with this then so can anyone else.

I am confused.  Is it the anarchists or the libertarians that should oppose capitalism (i.e. money), or just the libertarian-anarchists?


In fact, at a gathering about THIS kind of money it is exactly the point.

Millie, Mike, Satoshi.

I mine 7 Millies a day.

Occasionally the Humble Bundle (https://www.humblebundle.com/weekly) will have DRM free games for Linux.  The last game I played was Defcon.  The only winning move is to play against me.  I have never won.

You should compare MtGox (BitPay or whatever) to Paypal; or compare Bitcoin to Dollars.  You are comparing apples to oranges.  Bitcoin moves way faster than my dollars ever had.

Actually I say lets have a race!  Bitcoin vs PayPal.  I bet Paypal is slower to show your updated balance if I sent you money.

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I am in serious need of an entrepreneur or web developer or android programmer.

That looks good to me.  I would like to know how easy is it to use brainwallet.org/#tx to create transactions without having to expose the private key to the network.  That way you don't have to recreate the brainwallet.

Amazingly, Matthew paid me back.

Esperanto: krokodili : "to crocodile, i.e. to speak in a language not spoken by everyone present while another language is known by all."

(Also, reptiliumi: "to verb reptile names")

It looks like they behaved properly in the end.  Good for them.  I need to check out the laws here in the US before I buy some gold in that quantity.

We both know that Coinabul made a bogus argument when it said it sold the BTC and hence couldn't return it, so I don't know why you are explaining this to me.  You have not explained why my method is not "kindly", you have only explained what a business should do if your refund method is used.  I don't care one bit how the business handles the money internally.


OK, I'll explain it this way.  You say the risk is with the seller, and you say the buyer should get the refund in the original amount of BTC.  So, if the bitcoin crashes and the seller (whoops) can't ship the product, then it can, without any foul, refund the original amount of Bitcoins.  But there is no risk to the seller.  This is a contradiction.  Hence one of your two premises are incorrect.  Because the seller normally has the choice of refunding or shipping the product, the seller has no risk.  The seller may do whichever gives the most profit.

If however, the value must be refunded then the seller has all the risk, because no matter what, the seller must give to the buyer the value of the good.  If Bitcoin crashes then it is the sellers tough luck.  If Bitcoin rises then it is the sellers good luck.  There is no risk to the buyer. 


This is what is being argued.  You can't just state this in bold as if it is you argument.  (which I really think it is your argument)


I don't understand this.  Because, the value of Bitcoin increased during this transaction, the seller will make off with the profit anyway. 

On a side note: Conabul refunding $1600 for $1900, equivalent, is very rotten.  Very, very.

Suppose, the Gold coin was sent.  The buyer still gets screwed (because his good is only worth 50 when he paid 100) by that logic.  

In your way, the buyer takes the risk and the seller may manipulate the refund for their own profit.   If the value rises then give the goods.  If the value falls then "oops, we were actually out of stock" and give a refund.  (I know it didn't happen in this case, but I have no doubt that it has happened)

In my way the seller takes the risk and buyer doesn't' care if the refund happens.  Independent of the value of Bitcoins and whether the refund occurs, the Buyer still has the same buying power and may buy the same product elsewhere.  Independent of a corrupt seller, the buyer can end up with what they wanted by loosing no extra money!

(And people think about the value of their Bitcoins anytime they make a purchase, not the number.  If that wasn't the case then no one would have bought a pizza for 10,000.)

I actually can't see how your method is fair and mine is unfair.  I would say that refunding only 100 if the value dropped was unfair.  I would certainly feel cheated and suspect foul play.

I think the value is what needs to be refunded.  That is about 40BTC right now.  That way, no one is really at a loss.  Of course, my reasoning falls apart when you consider that if the price of gold doubled then it would be ok to send only half an ounce; if you consider things as only the value they represent.  But, Gold is a commodity and Bitcoin is a currency.  Bitcoins represent buying power, and so if 40 BTC were refunded then the gold coin could just be bought elsewhere.  This way no one could hedge anyone (as far as the currencies are concerned).