I saw this return when I went to the mtgox.com site while connecting via dynamic port forwarding. No such warning connecting directly and certificate showed itself as expiring in August 31, 2013. That's fishy... http://imgur.com/FpdjPsT
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BoardBeginners & Help
Re: How valuable will 1 Bitcoin be 2 years from now? Make an educated guess.
Depends, if the Euro or USD are still around in 2 years.
If the Argentinian Peso can still be around, I'm pretty sure we'll still have plenty of room for and be seeing Greenbacks.
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What BTC to USD or GBP price sources are most popular with the community here?
by
jing_troop
on 26/03/2013, 06:39:22 UTC
I've looked at one but may want to make a tool that feeds the data in to my mobile and would be great to even see someone else already API'ed or at least see some options.
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Re: Any counter-proof that Satoshi Nakamoto did not design a ponzi scheme on purpose
The long-term and short-term expectations polls, both show extreme ponzi valuations. And interestingly bitcoiners aren't as interested in the short-term 2017 time-frame. Their expectations skew is Bitcoin will overtake the world long-term. Speculative investments shouldn't be valued extremely long-term too many variables change. Any seasoned investor knows this.
What you have here, is Satoshi cleverly hoodwinked goldbugs (knowing their psychological weakness) think that Bitcoin has the properties of gold (but it does not!), and so these naive investors pile in long-term thinking it changes the world. This has NSA finger prints all over it.
Besides gold has never been a superior currency nor investment over long-term. Go dig into my links, I have all the historical data to proof of that claim.
I think you actually mean 'puzzle scheme' You sound very puzzled
Ponzi scheme has a very specific structure and what we're seeing here, especially the appreciation and depreciation cycle of the BTC as an element of valuation and tradeability itself, makes BTC an element that COULD be part of a ponzi scheme the same way that fiat can, but no different than fiat in that regard.
Very different than fiat because of the debasement rate relative to the market cap.
This is why we are seeing $1 billion valuation expectations.
That's another issue, and yes you're correct in pulling a non-parallel between BTC and fiat with relativity to market cap. My point is regarding BTC as a ponzi scheme; BTC is not a ponzi scheme though ponzi schemes can use BTC, just as they can use fiat and in *that* sense they are the same. I am limiting my comment of similarity only to that aspect and for the sake of the point that the subject addresses, nothing more.
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Re: Any counter-proof that Satoshi Nakamoto did not design a ponzi scheme on purpose
I think you actually mean 'puzzle scheme' You sound very puzzled
Ponzi scheme has a very specific structure and what we're seeing here, especially the appreciation and depreciation cycle of the BTC as an element of valuation and tradeability itself, makes BTC an element that COULD be part of a ponzi scheme the same way that fiat can, but no different than fiat in that regard.
About a year ago I started from 5% of BTC. Now I regret I didn't buy more as the most of my "low risk" assets were burnt on Cyprus bank account.
There's always Spain.
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Re: investing in bitcoin
by
jing_troop
on 25/03/2013, 18:01:55 UTC
.10 for a risk bullish move is a solid number, but just to beat that horse: assume you'll lose it and forget the dips.
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Re: Bitcoin-Qt Language settings
by
jing_troop
on 25/03/2013, 17:57:57 UTC
Point taken on the command line startup, that would certainly be more straight forward than what I did, creating the bitcoin.conf file when I didn't find it.
Cheers, thanks again!
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Re: Bitcoin-Qt Language settings
by
jing_troop
on 25/03/2013, 17:56:03 UTC
RESOLVED with your assist, Psy, thanks.
Checked for the file you referenced but I did not find it at the directory cited at site https://en.bitcoin.it/wiki/Running_Bitcoin (/Users/username/Library/Application Support/Bitcoin/bitcoin.conf)
As the file did not exist, I created it and entered only the language setting code you provided. On restart the Bitcoin-Qt application was in English
In conclusion it appears that without an explicit statement from the bitcoin.conf file, the application simply defaults to the system's original language
Thanks for the help Psy, having a look, looks like the latest version stores that somewhere else on OSX, checking this out at as I'm not finding the config file just at the moment. https://en.bitcoin.it/wiki/Running_Bitcoin
Hey All, New to Bitcoin(obviously). Been using exclusively for betting up till now, but I want to learn more about the market and reliable Bitcoin sites. Going to walk around the threads, but if anyone has suggestions for safe sites to make Bitcoin, or trade, I'm all ears. Happy posting,
Sounds like betting sites are definitely the fastest trading, chattering traffic for BC, saw your post and went from there but the ads gave it away too...
BTC*
Got it, got it.
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Bitcoin-Qt Language settings
by
jing_troop
on 25/03/2013, 17:24:33 UTC
After installing Bitcoin-Qt I found that the display language is Simplified Chinese. I believe the install recognized use of that language on my OSX but I really don't want that language. I can read Chinese so I can get around the nav but I can't find language settings, anyone familiar with Bitcoin-Qt with some advisory as to how to adjust language setting?
I doubt this purchase made any impact on BTC value.
Roughly $110,000 at today's value. I hope that was a tasty pizza.
That is like saying "Grandpa your an idiot for spending a dollar cause now that could be worth $500 (I am making up numbers for the example)" You have to think, that a year in time, is a long time in the bitcoin economy. Just like 70 years is a long time to hold on to money now.
Gold would be about US$32/Troy Ounce around mid fifties. I think the free market rate for it now is something like US$1.5k...big bump, to be fair. By the way Gweedo, are you familiar with Expression Engine? My team has projects that overflow from time to time, would be good to check out your work, get a quote, maybe do biz in BtC.