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*mumbles mumbles* and even the winkelvos twinks!
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May 31, 2015 01:12
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hellocruelworld posted:Is there really any feasible way that the bitcoin network could function on a scale similar to visa? sure! it is actually pretty easy: you just need to centralize it completely and have a single actor (preferably Visa) in charge of the transactions.
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May 31, 2015 01:13
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you see this is good for bitcoin because
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May 31, 2015 01:31
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quote:As time goes on in trusting my ability to find/decrypt my locally stored bitcoins. If I move them to circle, is there a fee? (self.Bitcoin) I don't own many and at this point the risk of keeping them on a old PC or encrypted somewhere and forgetting how to get to them, or fire/theft, outweigh the risks of storing it in a online wallet. Simple question how much does it cost to move coins to a hosted wallet?
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May 31, 2015 01:38
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quote:
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May 31, 2015 01:50
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AlbieQuirky posted:not if you are a law enforcement official just like selling drugs 
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May 31, 2015 01:52
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^send bitcoins to power the desk fan
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May 31, 2015 01:52
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i'm the $24/kWh electrical rate
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May 31, 2015 01:59
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0.1 BTC/kWh so that's about $25? an absolute bargain compared to the 30c/kWh my electricity company charges. what will Bitcoin charge me 100x for the privilege of next I wonder.
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May 31, 2015 02:03
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magic internet money
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May 31, 2015 02:07
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anyone said buttplug yet?
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May 31, 2015 02:08
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someone figured out a way to turn bitcoins back into electricity 
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May 31, 2015 02:09
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Elysiume posted:is there still going to be another trial for the murder-for-hire charges? the charges in baltimore have not been dropped or dismissed so in theory, there will be a second dpr trial. whether or not the baltimore prosecutors go through with it at this point is anybody's guess. Elysiume posted:sidenote: is it a crime to accept a murder-for-hire contract if you have no intention of following through? if so, what crime? in any other circumstances I'd say fraud or something but I don't know how it works if the thing you agreed to is illegal in canada, the uk and the us it is attempted murder the moment you accept a murder-for-hire contract, whether you get off your rear end and kill the guy or not.
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May 31, 2015 02:11
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BITCOIN DISRUPTION LEVELS IN THE POWER SECTOR ARE WAY DOWN
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May 31, 2015 02:11
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quote:ROSS ULBRICHT IS INNOCENT (self.law)
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May 31, 2015 02:12
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FrozenVent posted:someone figured out a way to turn bitcoins back into electricity now just plug the miner into itself and you’ll have infinite electricity and money
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May 31, 2015 02:12
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trucutru posted:Uber and Lyft are phone apps, not companies (I know there are also companies by those name) i do not work for uber i simply use the ::UBER::of_the::PHONE/apps/uber:: application, they are separate unrelated entities
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May 31, 2015 02:17
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quote:Ross Ulbricht is Innocent. All he did was program computers. By submitting this text post, I have programmed a computer. i killed someone with a gun, people shoot guns at firing ranges, ergo; quote:He had no means or opportunity to sell or buy drugs, he contributed to a computer program. i know it's stunning to think about bitcoiners not reading, but the fact that they're all ignoring the whole mushroom thing is pretty funny quote:Ross Ulbricht is not the Dread Pirate Roberts. The DRP is a cartoon character in a childrens story. i sign all my manifestos as bugs bunny before leaving them at crime scenes, it's a surefire legal defense  quote:This case is an example of how technology outstrips the human capacity to grasp ideas. Saying he ran a drug business is like saying I work for Uber or Lyft. Uber and Lyft are phone apps, not companies (I know there are also companies by those name) something something berth boat freeman something e: ^ yeah that
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May 31, 2015 02:21
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ayn rand hand job posted:rhythmic slapping  but kinda lol that google's results for that phrase explained exactly to me wtf you were talking about atomicthumbs posted:what the gently caress was I doing last night having fun as in ~everybody have fun tonight, photoshop wang chung tonight~
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May 31, 2015 02:22
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Saying he ran a drug business is like saying I work for Uber or Lyft. Uber and Lyft are phone apps, not companies (I know there are also companies by those name)
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May 31, 2015 02:22
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princess bride isn't a cartoon 
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May 31, 2015 02:23
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Boxturret posted:i do not work for uber i simply use the ::UBER::of_the::PHONE/apps/uber:: application, they are separate unrelated entities
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May 31, 2015 02:24
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Heresiarch posted:your error here is assuming that vc money is ever spent sensibly this, and even if the underlying tech is scrapped the conventional wisdom is that you're vc'ing in for the brand and customer base not sure how that'd work out with bitcoin though, bitcoin 2.0 would probably be shunned by the true believers
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May 31, 2015 02:24
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surebet posted:not sure how that'd work out with bitcoin though, bitcoin 2.0 would probably be shunned by the true believers today's true believers are either yesterday's bag-holders or tomorrow's scammer tags
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May 31, 2015 02:28
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when talking about things, their definition shifts to whichever one is most convenient to my point, and you are wrong if you think otherwise
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May 31, 2015 02:31
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trucutru posted:Ross Ulbricht is Innocent. All he did was program computers. By submitting this text post, I have programmed a computer. 
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May 31, 2015 02:52
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May 31, 2015 02:59
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surebet posted:i consent to this name change and wish to create a joinder with moooooooods You have been sentenced to life in prison in a maritime court for being an illegal boat
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May 31, 2015 03:13
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demonicon posted:r/bitcoin: I lost all my money to infinite fees. that's why you join a buttponzi that pays unyielding interest to pay off your infinite fees
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May 31, 2015 03:15
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bitcoin: crisis of infinite fees
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May 31, 2015 03:18
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NakedWithCandy posted:Saying he ran a drug business is like saying I work for Uber or Lyft. Uber and Lyft are phone apps, not companies (I know there are also companies by those name) in a bizarre coincidence those companies own the phone apps of the same name!
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May 31, 2015 03:28
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Bitcoin only has value to me as a decentralized system. I will fight with computing power to keep it that way. (self.Bitcoin) submitted 3 minutes ago by ozme 20 megabyte blocks will do nothing to solve the fundamental problem of scaling a decentralized system, and you fools in favor risk destroying the network with your ignorance. And all for what, because you've lost money on your investments and think that somehow increasing the block size limit is going to magically make you wealthier when everyone and their mother starts using Bitcoin? This type of ignorant greed will do nothing for the value of your holdings, and you risk destroying everything in the process. To me, security and decentralization are the core value propositions of the Bitcoin system at present given the current technical limitations. To me, the Bitcoin network excels at processing extremely high value transactions with immutable security, and as a store of value. It is Digital Gold, and yet you all seem to want to reduce it to a clearing system for your frappucinos. Cryptographic proof, stored for eternity on thousands of computers around the world, for micro payments? And at the risk of breaking everything and causing a cataclysmic network divide! Well let me be clear, if there is a network fork, it will be a digital battlefield. And as with any battle, there will be spoils when the dust clears. To those of you gushing at Gavin, to those that view him as the CEO to lead the Bitcoin shareholders to prosperity, I ask you to proceed with extreme caution and consider the possibility that he is far gone from his element. This is a $3 billion dollar system that is working perfectly fine, as-is, and you all want to turn it into Visa, which serves absolutely no benefit to anyone. In your greedy pursuits of recouping your investment, you will render Bitcoin worthless. There is nothing but speculation of the next incoming wave of adoption, and the next bubble. Well where will that bubble come from, oh mystics with your crystal balls? Take off your rose colored goggles and you'll realize that the network, net of fake chains of thousands of transactions designed solely to inflate the transaction counts, has grown at a single digit pace this year. If you want to trade your Bitcoins for GavinHearnCoins, no on will stop you. However, if you think you as "the community" have reached consensus on a hardfork, you should know that the node count of the network as it stands pales in comparison to how large it will grow when we, backed into a corner, retaliate and deploy thousands of 1mb nodes around the world. The echo chamber of Reddit might have deluded itself into a populist majority, but in this battle ultimately the economic majority will win.
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May 31, 2015 03:29
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Ross did nothing wrong, the drugs didn't really exist all he did was program a computer the program didn't really exist, he just manipulated some ones and zeroes ones and zeroes don't really exist, they're human-invented abstract concepts but those don't exist either, they were represented by a bunch of electrons and electrons... Heisenberg says you can never know where an electron is and you're going to tell me those things exist?!? come on. ross did nothing wrong... because ross did nothing.
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May 31, 2015 03:36
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Public Service Announcement: large amount of transactions bug (self.Bitcoin) submitted 2 minutes ago by purpleping2 I was taking part in the stress test and my wallet got corrupted somehow. I thankfully had a backup but I just want to warn those of you that are thinking of sending a large amount of transactions (even if you aren't stress testing you should have a back up in general) to make a backup first there seems to be some sort of bug.
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May 31, 2015 03:39
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Kreeblah posted:okcoin - too big to fail 
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May 31, 2015 03:39
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wait wait i know this birdhouse in your soul?
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May 31, 2015 03:40
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trucutru posted:This case is an example of how technology outstrips the human capacity to grasp ideas. Saying he ran a drug business is like saying I work for Uber or Lyft. Uber and Lyft are phone apps, not companies (I know there are also companies by those name) this is some freeman on the land poo poo
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May 31, 2015 03:43
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Trig Discipline posted:wait 
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May 31, 2015 03:46
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ross all bricked in
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May 31, 2015 03:54
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Tayter Swift posted:ross did nothing wrong... because ross did nothing. We observed Ross and the waveform collapsed into a libertarian drug kingpin serving life
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May 31, 2015 03:55
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