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Showing 20 of 26 results by mentalove
Post
Topic
Board Economics
Re: Where is Bitcoin in the Technology adoption lifecycle?
by
mentalove
on 08/12/2012, 22:20:39 UTC
now that we have asic its has evolved

Judging by your BFL signature i would guess you do not have an asic yet Wink
Post
Topic
Board Economics
Re: US Debt - Visualized in physical $100 bills
by
mentalove
on 08/12/2012, 22:18:39 UTC
i love how the debt is a cage for liberty in the video. so true
Post
Topic
Board Economics
Re: You Know Whats f**king Sad?
by
mentalove
on 08/12/2012, 22:13:42 UTC
I'm sorry but I haven't the faintest what you are on about, your post isn't coherent enough to really convey anything. Better luck next time.

lol. i love it. many references but no facts or arguments Cheesy
Post
Topic
Board Economics
Re: BBC special on now; Heyek, FED, Libetry Dollas
by
mentalove
on 07/12/2012, 06:32:54 UTC
wow thanks for this post, i downloaded the 3 part series and it was awesome. i am going to read the communist manifesto and learn more about marx. we always hear about hayek vs keynes but i know little about marx.  Smiley
Post
Topic
Board Bitcoin Discussion
Re: Print your own bitcoin bills - print.printcoins.com
by
mentalove
on 06/12/2012, 00:05:34 UTC
i personally dont know anyone who would accept one of these. how does this benefit the bitcoin user ?
Post
Topic
Board Mining
Re: Could Mining be shut down.
by
mentalove
on 06/12/2012, 00:00:48 UTC
Bitcoin depends on miners right. . What if mining became " Illegal." What to do then.  solutions. .

Let them try xD
Post
Topic
Board Economics
Re: Bitcoin major fail - doesn't allow credit creation (aka deflationary currency)
by
mentalove
on 05/12/2012, 01:07:37 UTC

So how can Bitcoin have a future if it is a deflationary currency with a set in stone number of coins?

The idea that currencies have to be inflationary in nature to succeed is false. Inflation robs purchasing power from savers and transfers the wealth to those given the power to create money. A tool i consider to be unjust and immoral. The world has used gold as money for thousands of years because its purchasing power cannot be inflated away by governments and banks. Gold is mined at roughly the same pace as the increase in world population. Bitcoin does one better, after the cap is reached, holders on bitcoins would see an increase in purchasing power due to their increasing scarcity.

my 2 bitcents Smiley
Post
Topic
Board Bitcoin Discussion
Re: Does the US gov owns Bitcoin?
by
mentalove
on 04/12/2012, 22:27:38 UTC
1. US Government owns printed money

2. You own US printed money

3. The US Government owns you

Puts bitcoin into perspective, doesn't it.

ownership does't really matter. the individual has the choice to work and spend effort and energy to acquire said "money". you can print money, but you cant print wealth/value.
unless you are an all out slave, your labor is yours alone.
Post
Topic
Board Mining
Re: BFL ASIC worth the risk for pre-order?
by
mentalove
on 04/12/2012, 01:09:08 UTC
If your worried, maybe just wait until people have received them and decide then. it shouldn't be too much longer, you would be at the end of the pre-order list anyway if you order now.
I ordered in october when there was little info to go by, and i thought it was worth the risk. people seem to be happy with previous BFL products.
Post
Topic
Board Mining
Re: Who is quitting mining due to block halving?
by
mentalove
on 04/12/2012, 01:03:26 UTC
over 3/4 of the value of the coins i mine goes back into electricity. i will keep it going until my ASIC comes Cheesy
Post
Topic
Board Mining
Re: Raspberry Pi / cgminer for your BFL BitForce
by
mentalove
on 04/12/2012, 00:56:16 UTC
wow thank you so much. i will be referring back to this page when my pi finally comes. which better be soon or i'll be sad Smiley
Post
Topic
Board Bitcoin Discussion
Re: Bitcoins are not coins at all
by
mentalove
on 04/12/2012, 00:52:17 UTC
https://www.casascius.com/

i have a couple of these little guys. so. bitcoins can be coins
Post
Topic
Board Mining
Re: SC Single - Mining: Growth for the Future :)
by
mentalove
on 02/10/2012, 05:50:45 UTC
btw your sig isnt valid for the bfl contest, can't have anything else in it..

just an fyi

what contest ?

edit: found the post of the bfl forum Smiley
Post
Topic
Board Mining
Re: BFL releases actual specs. ACTUAL SPECS!
by
mentalove
on 02/10/2012, 05:46:10 UTC
Post
Topic
Board Mining
Re: What's your hashrate at?
by
mentalove
on 02/10/2012, 00:56:18 UTC
6870 (i think) 280 mh/s
single SC on the way from BFL (hopefully) Cheesy
Post
Topic
Board Marketplace
Re: ["WAIT LIST"] BFL SC Order Dates / Ship Dates
by
mentalove
on 13/07/2012, 22:48:45 UTC
07/02/2012    2423   N    0    1   0   -   -   mentalove
Post
Topic
Board Goods
Re: Selling 215 Fiery Brimstone
by
mentalove
on 13/07/2012, 18:57:12 UTC
You might have overlooked something when pricing your Brimstone, Blizzard takes 15% right off the top for sales.  So $90.30 * .85 comes out to $76.75.  And the price of Bitcoin is greater than $7.675/BTC right now.  And that's only if you're cashing out to Blizzard bucks, if you wanted to cash out to Paypal there's another 15% fee bringing you down to $65.24.

Neither of these fees affect somebody who wishes to craft with the items. Its not the sellers responsibility to cover the fees if the buyer wishes to cash out.
Bitcoin is the solution to bypass paypal and other corporate fees. I don't see why they would be factored into the price.
Post
Topic
Board Goods
Topic OP
Selling 215 Fiery Brimstone
by
mentalove
on 13/07/2012, 15:34:01 UTC
Selling 215 Fiery Brimstone for 10 bitcoins

The rmah lists these at .42 each for a total of 90.30 usd

I am setting a bin at 10 bitcoins. which is currently 76.8 usd

post here or pm me if you interested

america softcore
Post
Topic
Board Beginners & Help
Re: Whitelist Requests (Want out of here?)
by
mentalove
on 13/07/2012, 14:27:55 UTC
The 5 hour rule was a great idea. You have to constantly be in and out of threads for the clock to work.
i am at 4 hours and 46 minutes Cheesy
Post
Topic
Board Beginners & Help
Re: Introduce yourself :)
by
mentalove
on 12/07/2012, 14:44:43 UTC
hello. i am mentalove. nice to meet you