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Showing 20 of 26 results by symaxian
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Board Press
Re: 2013-11-20 Morning Call - Bitcoin bets big boost from Valley merchant
by
symaxian
on 21/11/2013, 02:42:13 UTC
Great, another brick-and-mortar store that accepts them. Though it's another Subway, all part of Subway's master plan to circumvent the current financial institution's distaste for sub-par sandwiches.

Nothing interesting in the article, seemed accurate until this sentence towards the end:

Quote
Eventually the supply of Bitcoins is programmed to peak, forever, at 21 million — though individual Bitcoins may be divided endlessly.

Hate to nitpick but the title has a typo.
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Board Press
Re: 2013-11-14 ZeroHedge - Meet the New York Superintendent Who Can't Wait To Regula
by
symaxian
on 15/11/2013, 18:25:54 UTC
It may seem unsettling, but there is actually nothing that can stop it, short of 'turning off the internet', which is of course impossible, since the internet itself was designed to reconfigure itself in the face of any disruption.

Bitcoin will prevail, its code does not permit any other outcome.

While it may seem poetic and pretty awesome all around, saying that the internet can reconfigure itself in the face of disruption is a bit of an overstatement, states can and have many times blocked full access to the internet, though small amounts of information have always gotten through in other ways.

I would argue that the biggest threat to Bitcoin adoption is by far the power of the state.
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Board Press
Re: 2013-11-15 - Make a Fortune with ASRock's Latest Mining Machines: H81 Pro BTC &
by
symaxian
on 15/11/2013, 15:34:08 UTC
Yeah it took me a second to realize that but it is indeed a strong message.

"Wait... this is the actual ASRock hardware company, making a motherboard specifically for Bitcoin mining? That's pretty groundbreaking."
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Topic
Board Press
Re: 2013-11-14 ZeroHedge - Meet the New York Superintendent Who Can't Wait To Regula
by
symaxian
on 15/11/2013, 15:10:43 UTC
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Topic
Board Press
Re: 2013-11-13 Coindesk: FinCEN, USSS and BF hearing on bitcoin
by
symaxian
on 14/11/2013, 19:17:26 UTC
Why is the "president and chief executive officer at The International Centre for Missing & Exploited Children" going to be present?


        Bitcoin is evil and promotes to slave trading!!! We must outlaw them to save the children!!!
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Board Press
Re: 2013-11-13: Japanese TV Segment
by
symaxian
on 13/11/2013, 21:01:20 UTC
Yes a new Japanese market for Bitcoin would be a very welcome push, I'm surprised it has not gained much traction there. Does anyone have good knowledge of the currency situation over there? Is the Yen as productive and boring as the USD?
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Board Press
Topic OP
2013-11-11 Coindesk: $4.1m goes missing as Chinese bitcoin trading platform GBL
by
symaxian
on 12/11/2013, 16:11:30 UTC
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Topic
Board Press
Re: 2013-11-11 — itBit nabs $3.25 in VC funding (Singapore - USD/SGD/EUR)
by
symaxian
on 12/11/2013, 16:03:05 UTC
Link?
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Board Press
Re: [2013-11-10] CCTV News -Video- Breaking down the Bitcoin
by
symaxian
on 12/11/2013, 14:42:48 UTC
It's not even a puzzle. A puzzle implies some sort of reasoning. This is just brute force guessing.

You overestimate how advanced my method of solving puzzles is, except for the edge pieces, everyone knows you do those first.
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Board Press
Re: 2013-11-10 Sunday Times (print) - Bitcoin Exchange Launch Delayed
by
symaxian
on 11/11/2013, 03:08:05 UTC
Haha, yes the above picture is obviously a mock up of how one of these intangible bitcoins would appear to our feeble human sensory systems,
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Board Press
Topic OP
2013-11-06 Washington Post: People have bought or sold $100,000 in Bitcoins from
by
symaxian
on 07/11/2013, 03:43:27 UTC
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Topic
Board Press
Re: Chicago Fed Letter
by
symaxian
on 07/11/2013, 03:13:41 UTC
Quote
Although some of the enthusiasm for bitcoin is driven by a distrust of state-issued currency, it is hard to imagine a world where the main currency is based on an extremely complex code understood by only a few and controlled by even fewer, without accountability, arbitration, or recourse.

says the Chicago branch of the Federal Reserve, apparently without any sense of irony whatsoever.   Grin

Yeah I literally cracked up laughing at that. Somewhere out there in the infinite multiverse there is a universe that has collapsed in on itself due to the inanity of that statement.
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Board Press
Re: 2013-11-06 Yahoo Finance / Business Insider: Bitcoin is a Joke
by
symaxian
on 07/11/2013, 03:06:23 UTC
Pretty sure these guys will keep spewing the fact that Bitcoin is "nothing more than a bubble" til the end of their days. Though the attacks might become more varied and targeted, "What is Bitcoin secured by? Only number and computational theory! Yeah just theories!"
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Board Press
Topic OP
2013-11-06 readwrite: Why Small Businesses Have The Most To Gain From Bitcoin
by
symaxian
on 06/11/2013, 15:29:17 UTC
http://readwrite.com/2013/11/06/why-small-businesses-have-the-most-to-gain-from-bitcoin

Informed and level-headed article, overall tone is positive, just more of the same details regarding small businesses.

Initially found on Flipboard, a mobile news feed app.
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Board Press
Re: 2013-11-02 Bitcoins Now a Currency Accepted for Plastic Surgery in Miami
by
symaxian
on 02/11/2013, 23:02:11 UTC
Perhaps we can use this to further enhance Bitcoins appearance.
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Board Meta
Topic OP
Split Press into internal/external press hits?
by
symaxian
on 25/10/2013, 21:12:51 UTC
I was contemplating on the idea of splitting the press hits board into two boards and was wondering if anyone else had the same opinion or enlightenment on the idea.

The idea being to split Press board into two, both still serve the same purpose but list the press hits from two distinct(mostly) sources. One would list press hits generated by sources that are distinctly interested in the Bitcoin or cryptocurrency communities in general, such as CoinDesk. I loosely refer to these sources as internal, to the Bitcoin community. While the other would list notable press hits by the general media, external sources.

Inidividual sub-boards may not be the best way to separate these types of sources, though I think some distinction would be very helpful. I am in no position to make any changes to the forum but am merely proposing the idea. What do you guys think?
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Board Press
Topic OP
2013-06-29 IndyStar - Bitcoin gains believers despite risk the digital curren...
by
symaxian
on 01/07/2013, 17:31:55 UTC
http://www.indystar.com/article/20130630/BUSINESS/306300014/Bitcoin-gains-believers-despite-risk-digital-currency-could-bust

This article was given the front page of the business section on June 30. Seems well written and informative, aside from claims of anonymity.
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Topic
Board Speculation
Re: 512-qubit Quantum Computer
by
symaxian
on 24/06/2013, 04:22:33 UTC
I believe it's already been establish that this is not an actual quantum computer.
I also remember hearing somewhere that the main reason for this is that its 512 qubits are not entangled with each-other or something. Having 512 individual qubits does not allow for quantum algorithms to be executed.
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Board Development & Technical Discussion
Re: Blockchain overgrowth: A catastrophe waiting to happen
by
symaxian
on 21/06/2013, 15:31:07 UTC
Does the client still include a hardcoded hash of block number X or so?
Could we keep increasing X so that only the blocks from the previous year or two need to be verified?
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Topic
Board Press
Re: 2010-06-03 Techcrunch Calculating The Long-Term Value Of A Bitcoin
by
symaxian
on 04/06/2013, 04:23:54 UTC
Sure seems to throw out some encouraging numbers. What exactly is "Store of Value", the idea that it 5% of the population use it then that 5% store that much of their wealth in BTC?